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The Jeffrey Sachs & William Easterly saga

In the July issue of Vanity Fair Jeffrey Sachs calls for more aid money. This time it's $200 billion a year – about twice the current spending: "it's much cheaper than giving food aid, it's much cheaper than having wars, and it's much cheaper than having mass migration" he says.

School, job or government life?

Laurence Carter's picture

Some years ago the British Government decided to support a major investment in upgrading education on St Helena. A new secondary school was built - and named after Prince Andrew, who, together with several St Helenians, had served as part of the force sent to deal with the Falklands conflict in 1982. Teachers were sent to the UK for training. Curricula were upgraded. In the late 1980s and early 1990s this was the largest development project in St Helena.

Aceh veteran speaks out

Shaela Rahman, the trailblazer of Aceh, recalls her time spent developing private sector on the island. She transcended the written form to share her recipe for success in a short video instead.

Aceh diary continues with David Lawrence who writes here.

Creditor- vs. debtor-friendly environment, does it matter?

Creditor rights protection has often been heralded as fostering financial and economic development. Recent research questions this, showing that more creditor-friendly bankruptcy systems result in inefficiently low innovation levels in industries that need it most.