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Assessing EU’s Aid Effectiveness

The 2012 DATA Report prepared by One.org checked on Europe’s progress in keeping its ambitious promises for aid increases and aid effectiveness. ONE is a grassroots campaign of more than 3 million people committed to the fight against extreme poverty and preventable diseases. You can download the report here.

Noteworthy is that the poorest people are paying the price of the current economic crisis. EU Aid declined last year for the first time since 2002, with fourteen countries cutting their aid. Aid promises to Africa are well off-track with biggest cuts from Spain and Greece—heavily hit by the crisis. But others (Germany, Sweden, Italy and Belgium) increased their aid too. The Netherlands and Ireland have so far protected their promises to the poorest people during the crisis. And the UK remains on track to meet its promise to reach 0.7% of national income in aid from March 2013. More on Assessing EU’s Aid Effectiveness

Online Education Marches On

There is no doubt that online education is growing… but in a slow and steady way. Recently however, there was a spike in the number of start-ups. Many observers think that the tipping point for a disruptive change is nearing.

One of the new entreats is the San Francisco-based UniversityNow, an affordable online higher education degree granting site that raised $17.3 million. Over the past three months, at least seven online course startups have either launched or announced funding. These are: Codecademy, Coursera, 2tor, Minerva Project, Udacity, and Udemy.

The business model behind UniversityNow is interesting. “We don’t need to reinvent Harvard,” UniversityNow’s CEO and co-founder Gene Wade explained. “We need to build a school that works for everyday people.” To do that, he said the company is creating a network of low-cost, accredited universities that let students complete courses at their More on Online Education Marches On

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Inclusive Wealth Index Launched

The United Nations University’s International Human Dimensions Programme on Global Environmental Change (UNU-IHDP) and the United Nations Environment Programme (UNEP) have launched the Inclusive Wealth Report 2012 (IWR 2012), a new report that measures the wealth of nations, at the Rio+20 Summit on June 17.

The IWI, which looks beyond the traditional economic and development yardsticks of Gross Domestic Product (GDP) and the Human Development Index (HDI) to include a full range of assets such as manufactured, human and natural capital, shows governments the true state of their nation’s wealth and the sustainability of its growth aims. It assesses the value of natural resources, which are being depleted by human activities such as deforestation, in evaluations of economic growth.
The first IWR looked at changes in inclusive wealth in 20 countries (Australia, Brazil, Canada, Chile, China, Colombia, Ecuador, France, Germany, India, Japan, Kenya, Nigeria, Norway, the Russian Federation, Saudi Arabia, South Africa, USA, More on Inclusive Wealth Index Launched

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RfPDM Dushanbe Completed

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The Asian Development Bank graduated 34 participants for the Results-focused Project Design and Management (RfPDM) last 11-13 June, 2012 in Serena Hotel in Dushanbe, Tajikistan. There were six female participants in the group. Participants came from sixteen Ministries and agencies of the Government of Tajikistan, four districts and regions (Rudaki, Gissar, Faizabad districts and Sogd, Region) and 5 staff of the ADB Resident Mission. The Government Agencies represented included:

Ministry of Finance
Ministry of Economic Development and Trade
Ministry of Agriculture
Ministry of Water Resources and Land Reclamation
Ministry of Energy and Industry
Ministry of Education
Ministry of Health
Ministry of Labor and Social Protection of Population
State Committee for Investments and State Property Management
State Committee for Land Management and Geodesy
Tax Committee under the Tajikistan Government
State Committee for Environment Protection
Statistics Agency under the Tajikistan President
Customs Service under the Tajikistan Government
State Communal Enterprise
Center for Strategic Studies

Ms Pet Misa and Ms Shaista Hussain facilitated the course.

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World Competitiveness Report 2012

The IMD released its annual World Competitiveness Yearbook (WCY). The WCY rankings measure how well countries manage their economic and human resources to increase their prosperity.

The most competitive of the 59 ranked economies in 2012 are Hong Kong, the US and Switzerland. You can download the complete scorecard here. Despite all its setbacks, the US remains at the center of world competitiveness because of its unique economic power, the dynamism of its enterprises and its capacity for innovation.

The most competitive nations in Europe are Switzerland (3), Sweden (5) and Germany (9), which have export-oriented manufacturing and fiscal discipline. Meanwhile, Ireland (20), Iceland (26) and Italy

  • (40) look better equipped to bounce back than Spain (39), Portugal (41) and Greece (58), which continue to scare investors.

    Emerging economies are not yet immune to turmoil elsewhere. China (23), India (35) and Brazil (46) have all slipped in the rankings, while Russia (48) climbed only one place. All Asian economies have declined apart from Hong Kong (1), Malaysia (14) and Korea (22). Latin America also had a tough year, with every nation falling except Mexico (37).

    Attitudes toward reforms are more positive in Ireland, emerging Asia, Qatar and the UAE, Switzerland and Sweden. But the impetus for reform is much weaker in Argentina, the Czech Republic, Spain, and lastly – again – in France, where austerity is seen as a cure worse than the disease.

    “The recession has made the world economy more fragmented and diverse than ever, forcing companies to operate several parallel business models,” said Professor Garelli. “Emerging economies are relying on domestic demand and national champion companies to insulate themselves from economic turmoil, while the “submerging” developed economies are turning to re-industrialization. In both cases, economic nationalism is back and protectionism is tempting.”

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