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Weekly Wire: the Global Forum

Kalliope Kokolis's picture

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

The Guardian
The future of development: Goodbye aid and MDGs, hello global goods and well being

"The future of development. What a title. It's fraught with hostages to fortune, bear traps and day dreams.
I pick 2030 as "the future". Partly because, 15 years after the first set of millennium development goal (MDG) targets I expect poverty (percent and numbers) in Asia to be much lower, and in Africa I expect the decline to be strong too. But partly because it is far enough away to think a bit more freely."

Is trade an automatic stabilizer for Bangladesh’s economy?

Abul Basher's picture

The global economic downturn and the consequent pessimistic outlook for exports in developing countries like Bangladesh have reinvigorated voices for protectionism. Even pro-trade minds have vented their skepticism about trade liberalization, as if the punch of the ongoing crisis could be shielded with the help of an embargo on trade with the rest of the world!

Such thoughts, derived from the gloomy prospects of exports, ignore the potential benefits drawn through the imports and disregard the lessons learned from history- that economic isolation leads to further impoverishment.