Most recent bulletins on economy and development
November 23, 2021 Africa/Global: From Climate Denial to Deceit and Delay
Asad Rehman of War on Want spoke to the presidency of COP26 with words that
resonated far from Glasgow: “The rich have refused to do their fair share,
more empty words on climate finance. You have turned your backs on the poorest
who face a crisis of Covid, economic and climate apartheid because of the
actions of the richest. It is immoral for the rich to talk about the future of
their children and grandchildren when the children of the Global South are
dying now.” Less than 2 minutes.
November 2, 2021 Africa/Global: The Heat is On! Time to Act!
The warnings are consistent and devastating, across the political spectrum
from the International Monetary Fund from climate activists mobilizing at the
climate summit in Glasgow and around the world. There are only eight years to
have any chance of bending the curve of fossil fuel emissions sufficiently to
avoid mounting climate chaos. Predictions are also consistent that the
government officials gathered at the summit will continue to let promises and
belated minimal policy shifts substitute for significant action.
October 15 , 2021 Africa/Global: Hardly a Dent in #VaccineApartheid
“Millions of people remain at risk of dying from COVID-19 because high-income
countries (HICs), including the US, continue to hoard excess vaccine doses,
warns a new report released [on October 11] by Doctors Without
Borders/Médecins Sans Frontières (MSF). The international medical humanitarian
organization is calling on governments to commit to a concrete plan to
redistribute vaccine doses to low- and middle-income countries (LMICs) via
COVAX or regional procurement bodies by the end of October.”
August 26, 2021 Mozambique/Global: “Most Egregious Corruption Case of the 21st Century”
“In my view the hidden debt scandal is the most egregious corruption case of the 21st century. In dollar terms, the Malaysian 1MBD case is larger, but Malaysia is far wealthier than Mozambique, ranked 47th out of 185 countries on GDP per capita whereas Mozambique ranks 180.“ - Richard Messick, senior contributor to the Global Anticorruption Blog and pro bono legal counsel to the Budget Monitoring Forum, a civil society coalition in Mozambique.
July 27, 2021 USA/Africa: Building Back Better? Or Not?
Last week marked six months for the Biden administration and for the
narrow Democratic majority in Congress. So it seems an appropriate
time for a report card on U.S. Africa policy. And that also means a
review of U.S. policies on today's most pressing global issues, on
which the negative effects fall disproportionately on Africans on
the continent and in the diaspora.
July 27, 2021 USA/Global: Let Cuba Live!
The Biden administration has now been in office for six months,
along with a narrow Democratic majority in Congress. So it seems an
appropriate time for a report card. I offered my evaluation in another AfricaFocus Bulletin sent out today, entitled “Building Back Better? Or Not?” But as I was finalizing that Bulletin, I realized that the rising U.S. attacks on Cuba are a key indicator of how things are going.
June 14, 2021 USA/Global: Bad Days for Big Oil (except in the GOP)
“Fossil fuel companies are having a big reckoning with climate change this week. Shareholders for Exxon and Chevron voted for measures that could force them to take more responsibility for their emissions, while a Dutch court is forcing Shell to slash its pollution.” - The Verge, May 26, 2021
May 31, 2021 Mozambique/Global: Fossil Fuels, Debt, and Corruption
“The scandal of Mozambique’s “hidden debts” has already cost the
country at least 11 billion US dollars, and has plunged an
additional two million people into poverty, according to a detailed
study of the costs and consequences of the debt published on Friday
by the anti-corruption NGO, the Centre for Public Integrity (CIP),
and its Norwegian partner, the Christian Michelsen Institute. The
term “hidden debts” refers to illicit loans of over two billion US
dollars from the banks Credit Suisse and VTB of Russia in 2013 and
2014 to three fraudulent, security–linked Mozambican companies –
Proindicus, Ematum (Mozambique Tuna Company), and MAM (Mozambique
Asset Management).” - report by Centre for Public Integrity
(Mozambique) and Christian Michelsen Institute (Norway)
May 31, 2021 Mozambique/Global: War, Intervention, and Solidarity
“No amount of international military assistance will, within two years, create a fighting force that can combat the insurgency. Two other factors complicate external support. Foreign intervention is likely to provoke a response from Islamic State to provide weapons and training to the insurgents. And the fight is already underway between factions in Frelimo over the upcoming 2024 elections. Cabo Delgado politics and economics, the police and military, and the war itself are already caught up in the bitter infighting. Thus the war seems likely to escalate and continue until a new president is in place in 2025.” - Joseph Hanlon
May 17, 2021 Africa/Global: Decolonizing Medical Technology
“A continent of 1.2 billion people should not have to import 99% of its vaccines. But that is the tragic reality for Africa. Fixing the lack of home-grown manufacturing capacity has become a top priority for Africa’s policymakers. Last week, 40,000 people, including researchers, business leaders and members of civil-society groups, joined heads of state for a two-day online summit designed to share the latest developments and kick-start fresh thinking on how to bring vaccine manufacturing to Africa.” - Nature magazine editorial, April 21, 2021
April 19, 2021 Confronting Global Apartheid Demands Global Solidarity
"The COVID-19 pandemic has both revealed and deepened structural
inequalities around the world. Nearly every country has been hit by
economic downturn, but the impacts are unevenly felt. Within and
across countries, the people who have suffered most are those already
disadvantaged by race, class, gender, or place of birth, reflecting
the harsh inequality that has characterized our world for centuries."
April 6, 2021 Africa/Global: People's Vaccine vs. Vaccine Apartheid
Despite the vast disparity in the pace of vaccinations for Covid-19, currently at over 20% having one dose in North America, 5% in the world, and less in 1% for Africa, the United States, other rich countries, and pharmaceutical companies are still rejecting growing demands to waive patents and transfer technology. See chart below and data by country at https://ourworldindata.org/covid-vaccinations.
of bulletins on the economy and development, 2003-present