Development Finance Watch Issue 63

Eurodad Newsletter December 2, 2010 - Issue# 63   European Network on Debt and Development DEVELOPMENT FINANCE WATCH

 

Report » Calling Time: Why SABMiller should stop dodging taxes in Africa   Eurodad member ActionAid has launched a report, ‘Calling Time: Why SABMiller should stop dodging taxes in Africa’  revealing how the world’s second biggest brewer uses a complex system of  tax havens to siphon profits out of subsidiaries in developing countries, depriving those governments of significant amounts of tax. read more      Report» Tapping the potential? Procurement, tied aid and the use of country systems in Uganda If poor countries are to break away from the clutches of poverty, it is important that the aid they currently receive from the international community is disbursed and used in the most effective ways possible. The European Network on Debt and Development (Eurodad) and the Uganda National Non-Governmental Organisations Forum (UNNGOF) have identified public procurement and aid agency procurement as key areas where progress can be made to render aid more effective.  read more     Blog» Saving the euro or the people? A failure to learn from past mistakes Sum“Are you working on debt? Wasn’t the debt crisis solved years ago?” As a debt campaigner I am often put this question. However, it’s been a while now since I’ve been asked this. Recently, people have rather tended to ask what kind of debt: “Like in Greece and Ireland?" Although debt crises are nothing new, it’s the first time in a long while that sovereign debt has impacted directly on the lives of EU citizens.  read more      News»  Towards a lasting solution to sovereign debt problems: What can parliamentarians do? Following the global financial crisis, countries on all continents are seeing increased levels of sovereign debt. Today no international mechanism exists to deal comprehensively and effectively with sovereign debt problems. A lasting solution requires an independent debt resolution mechanism.   read more     News» 50 CSOs urge European leaders to keep transparency promise   Publish What You Fund, Eurodad and 48 other civil society organisations, agencies and networks, urged EU development leaders to fulfill commitments made at the Accra High Level Forum, and to define a common European position on mutual accountability and transparency.   read more     Report» Making development cooperation just: Governance principles and pillars   A new discussion note from civil society platform BetterAid, calls for a radical change in the international development cooperation and global governance system, based on a new approach focused on development effectiveness rather than aid effectiveness. Eurodad is a member of BetterAid. read more

What's New   Issue #63    December 2, 2010 ACTION ALERT                   World Bank out of climate finance! The World Bank must not be given a role in managing climate finance. We call on you to take action! FACTS AND FIGURES "In Uganda a massive 30% of GDP is spent on public procurement[...] If managed smartly, [it] is a real window of opportunity for the government to promote development and fight poverty."    - Tapping the potential? Procurement, tied aid and the use of country systems in Uganda, new Eurodad report     EURODAD IN ACTION   New Eurodad report "Development diverted: How the International Finance Corporation fails to reach the poor" launched at London-based event: "The Private Sector Turn: Private equity, financial intermediaries and what they mean for development" EVENTS                What: Eurodad and the Task Force on Financial Integrity and Economic Development conference "Fighting illicit flows from developing countries. What next for the EU agenda?" When: Dec. 7-8 Where: Brussels What: Launch of the CCFD report «L’économie déboussolée : multinationales, paradis fiscaux et captation des richesses» When: Dec. 7, 11-12:30am Where: CCFD-Terre Solidaire, rue Jean Lantier 4, Paris   and...The European launch of the Reality of Aid report 2010 will take place at a seminar on development effectiveness at the European Development Days, coorganised by Eurodad. IN THE MEDIA An article for the Guardian by Rick Rowden, urging governments to stop pushing the failed policies of the World Bank and the IMF, mentions Eurodad as a key source of research.   Nuria Molina gave an interview to Spanish radio station Cadena SER on tax havens and their impact on development.   EURODAD MENTIONS Nora Honkaniemi was acknowledged as a contributor to the UNCTAD Report “THE LEAST DEVELOPED COUNTRIES REPORT 2010 - Towards a New International Development Architecture for LDCs”   ALTERNATIVE VERSION OF NEWSLETTER AVAILABLE  An extended version of Development Finance Watch is available, with reports and news linking to relevant web addresses. If you prefer receiving this version of our newsletter, please send an email to assistant@eurodad.org. A pdf version of the newsletter is available on the Eurodad website.     FYI - Please add add this email address to your safe senders list to ensure that images and links are not blocked in the future. If you have feedback on articles, suggestions of content for future issues or other thoughts, please write to: assistant@eurodad.org

 

We encourage our readers to circulate this newsletter to interested colleagues. If you have problems downloading from the web and would like to receive mentioned documents as an e-mail attachment, please contact assistant@eurodad.org.   Eurodad’s articles are also available for re-use in other publications with reference to the original source. EURODAD is a non-profit organisation (ASBL/VZW) based in Belgium. For a list of EURODAD member groups across Europe, or to join, see: www.eurodad.org/members

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