By Miriam Gathigah

BUSAN, South Korea, Nov 29, 2011 (IPS) – Poor countries have depended on rich nations to supplement their sector budget without which millions of people would have continued to live in abject poverty. Have the years of funding made these countries any less dependent?  Continue Reading

Thalif Deen interviews DILIP RATHA of the World Bank

Credit: Courtesy of Dilip Ratha

UNITED NATIONS, Oct 11, 2011 (IPS) – When the final aid figures for 2010 were tallied early this year, industrial nations claimed a record-high 129 billion dollars in official development assistance (ODA) to the world’s poorer nations. Continue Reading

By Rosemary D’Amour

WASHINGTON, Sep 17, 2011 (IPS) – Amid a global financial crisis that has shown little signs of reversing, next week’s fall meetings of the International Monetary Fund and World Bank are crucial in setting the tone for rebounding world markets, to which leaders of the Bretton Woods institutions offered optimistic, yet ultimately vague, solutions in speeches this week. Continue Reading

By Mandeep Tiwana and Netsanet Belay*

JOHANNESBURG, Sep (IPS) — In the hope for a fairer deal on aid for the continent, African leaders are planning to present a unified position at the Fourth High Level Forum on Aid Effectiveness (HLF4) in Busan, South Korea.

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