In our informality debate, Keith Hart and others have been vigorously taking me to task for arguing that states are 'indispensable for making markets work on a large scale.' Keith rightly points out that a lot of international market standards are privately enforced and work reasonably well. Chanayka says that regulatory evasion may be efficient when states are predatory rather than enabling.
Mark Doyle from the BBC summarizes the Sachs/Easterly debate in addressing the question: Can aid bring an end to poverty?
Hilary Benn, Britain's Development Minister, also gets into the discussion. He sticks to the UK's governance line, arguing that government-to-government aid is good for encouraging accountability of recipient governments with their own people.
The Center for Global Development has released a working paper that puts some numbers and momentum behind the G8's advanced market commitment idea for vaccines in developing countries. Sponsors would commit to paying a minimum price per person immunized against common diseases if a vaccine is developed, but they pay nothing upfront.
Indonesia has more than 300 languages spread over its 6,000 inhabited islands. But incredibly, there is a single, national language: bahasa Indonesia, which literally means the language of Indonesia. This is an amazing accomplishment. How did they manage to linguistically unite so many diverse people?
The title of Oxfam's press release today, Public not private - the key to ending global poverty, sums up the subject of their brand-new report on how to provide health, education and water for the world's poor. From the release: