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Weekly wire: The global forum

Roxanne Bauer's picture

World of NewsThese are some of the views and reports relevant to our readers that caught our attention this week.

Lagarde-ian of the Galaxy
The Huffington Post
The morning scene at New York’s Carlyle Hotel is about the most perfect illustration of the term “power breakfast” that you could envision. On the ground floor of the opulent art deco hotel—a longtime favorite of American presidents, and the preferred Manhattan residence of visitors from Princess Diana to Mick Jagger to George Clooney—impeccably attired men enjoyed the buffet as several different security details milled about the lobby. Christine Lagarde, the head of the International Monetary Fund, was sitting at a secluded table with an aide. Since Lagarde, 59, replaced Dominique Strauss-Kahn at the IMF—a formerly staid institution created in 1944 to ensure financial stability largely through the maintenance of exchange rates—she has found herself at the center of not one but several global emergencies.

The Complexities of Global Protests
Carnegie Endowment for International Peace
Major protests have occurred around the world with increasing frequency since the second half of the 2000s. Given the superficial resemblance of such events to each other— especially the dramatic images of masses of people in the streets—the temptation exists to reach for sweeping, general conclusions about what is happening. Yet it is in fact the heterogeneity of this current wave of protests that is its defining characteristic. The spike in global protests is becoming a major trend in international politics, but care is needed in ascertaining the precise nature and impact of the phenomenon.

Weekly Wire: The Global Forum

Roxanne Bauer's picture

These are some of the views and reports relevant to our readers that caught our attention this week.

Illicit financial flows growing faster than global economy, reveals new report
The Guardian
$991.2bn was funneled out of developing and emerging economies through crime, corruption and tax evasion in 2012 alone, according to the latest report by the Washington-based group, Global Financial Integrity (GFI), published on Monday.  The report finds that, despite growing awareness, developing countries lose more money through illicit financial flows (IFF) than they gain through aid and foreign direct investment. And IFFs are continuing to grow at an alarming rate – 9.4% a year. That’s twice as fast as global GDP growth over the same period. Though China tops the list of affected countries in terms of the total sum of money lost, as a percentage of the economy, sub-Saharan Africa was the worst affected region as illicit outflows there average 5.5% of GDP.
 
Development’s New Best Friend: the Global Security Complex
International Relations and Security Network
The United Nations’ blueprints for the upcoming Sustainable Development Goals (SDGs) reveal an interesting trend. Whereas the Millennium Development Goals (MDGs) focused exclusively on development initiatives, the SDGs look set to interweave security into what was once solely a development sphere with the inclusion of objectives that seek to secure supply chains, end poaching and protect infrastructure. This shift reflects lessons learned from 15 years of implementing the MDGs and, even more so, broader global trends to integrate security and development initiatives.

Eid in a dry season

Greg Toulmin's picture

I am standing in a camp near Dollo Ado, in southern Ethiopia near the border with Somalia. The camp is an open site on hard rocky land: the only vegetation is grey, thorny scrub. An endless wind is swirling around me, picking up the light soil under foot and coating everyone and everything with a thin film of orange. Dust devils spin lazily in the relentless hot sun, making it hard to see the plastic sheeting that is the only covering for the ‘huts’ in which 10,000 people are living. Welcome to Haloweyn, the newest refugee camp for the drought-triggered exodus from Somalia. Today is Eid-ul-Fitr, but nobody is celebrating here.

Haloweyn Camp, Ethiopia's border with Somalia. Photo: Robert S. Chase, World BankWe have stopped to talk to people and understand the challenges they face, but it is hard work. Many of them have scarves wrapped around their faces to protect themselves from the wind, very few of us speak any Somali, and when we do communicate they look uncertain and dazed, as well they may. This camp is only three weeks old—less than a month ago all these people were wandering through this extraordinarily arid landscape, trying to pick their way past the lines of conflict, almost all malnourished and often sick too. That those we meet seemed to have recovered their physical health already is fairly miraculous. Their reluctance to relive their experiences seems wholly understandable.