Development Finance Watch, Issue 109‏

Eurodad Newsletter December 13, 2012 - Issue# 109 European Network on Debt and Development DEVELOPMENT FINANCE WATCH
	Top Story » Smart procurement for food security Eurodad has produced a new briefing on smart procurement and food security. Procurement is an important share of economic activity in any country. In most developing countries, public procurement is either the main or second area of government expenditure, often with considerable finance from Official Development Assistance (ODA).   Read more   Blog » Development finance – where does it come from? Jesse Griffiths has produced a summary of different inflows, outflows and domestic resources for developing countries as a group, given as an equivalent percentage of GDP to allow scale comparisons.     Read more   News » Support Argentina in the struggle against Vulture Funds Diálogo 2000, member of Jubilee South America, has released the statement “The real debt is to the rights of the people of Argentina“ in defense of the rights and sovereignty of the people of Argentina in the face of recent vulture funds actions. Read more   News » Analysis: EU Action plan to strengthen the fight against tax fraud and tax evasion On 06 12 2012 the EC released its Action Plan to strengthen the fight against tax fraud and tax evasion. DG Taxud simultaneously published two recommendations to member states. The first on aggressive tax planning and the second regarding measures intended to encourage third countries to apply minimum standards of good governance in tax matters. Please note that the analysis is not comprehensive and only addresses some of the points raised by the Action Plan and Recommendations.   Read more     News » How Export Credit Agencies create debts and inflate aid budgets: the example of Sudan Export credit debts constitute the largest component of the external bilateral debt of developing countries. Last year, Eurodad research revealed that almost 80% of poor countries’ debts to European governments come from export credit guarantees, which are in most cases driven by commercial, not development objectives.   Read more     Report » Generating terror: The role of international financial institutions in sustaining Guatemala’s genocidal regimes Eurodad member Jubilee Debt Campaign has published a new report which examines the way that western-backed institutions, such as the World Bank, supported the government of Guatemala as it terrorised its own people in the late 1970s and early 1980s.   Read more   Season’s greetings from Eurodad !   Next Newsletter will be in the 10th of January.		What's New   Issue #109   December 13, 2012 ACTION ALERT Tell the World Bank and IDB to pay reparations to Guatemalans!   FEATURED MEMBER   InspirAction is a movement of people who work to expose the scandal of poverty and help in practical ways to root it out from the world. By working with local partners worldwide, we will challenge and change the systems that favours the rich and powerful over the poor and marginalised.   FACTS AND FIGURES “Most of the food aid flows go through emergency operations, and, despite some changes in donors’ mindsets, a large proportion of global food aid is still tied. The US and Japan are the largest providers of global food aid, accounting together for 60%. They are also the main users of direct transfers”. Eurodad briefing on smart procurement and food security.   QUOTE “It is important to consider the impact of contingent liabilities, including export credit-generated or related debts on borrower government’s financial position when making borrowing or lending decisions or assessing the sustainability of debts.” Cephas Lumina, UN Independent Expert on Foreign Debt and Human Rights at the lunch event “Reviewing Export Credit Business: Challenges and Opportunities”, Brussels, Belgium   MEDIA MENTIONS Javier Pereira was mentioned by GARA and on the finanzas.com   FEATURED RESOURCE Jubilee Debt Campaign’s new report: Generating terror: The role of international financial institutions in sustaining Guatemala’s genocidal regimes   EURODAD IN ACTION Diana Hulova and Maria Jose Romero attended the lunch event “Reviewing Export Credit Business: Challenges and Opportunities” organised by Eurodad and ECA-Watch, Brussels, Belgium.   Oygunn Brynlidsen spoke at the CSO/parliamentarian Conference on Transparency and Responsible Finance in The Extractives Sector, organised by AFRODAD in Lilongwe, Malawi, 6-7 December.   Oygunn Brynlidsen spoke at Perspectives for the Tax Justice Agenda, roundtable organised by Global Policy Forum and at “The Lost Revenue of the Global South”, panel organised by Jubilee USA at their networking council.   Javier Pereira and Carlos Villota participated in the workshop on ”Results-based approaches to aid: the research agenda ahead”, organized by the German Development Institute in Bonn, 6 December.   EVENTS What: Seminar on Private sector and development: the role of development finance institutions When: 17 December 2012 Where: Madrid   What: Eurodad/Glopolis International Conference 2013 When: 3-5 June, 2013 Where: Prague, Czech Republic     VACANCIES Eurodad is looking for a Finance and Management Assistant   The Task Force on Financial Integrity and Economic Development seeks a Coordinator   Save the Children UK is seeking a Policy and Advocacy Adviser – Hunger and a Policy and Research Adviser   Oxfam International is seeking for a Head of Washington DC office   EURODAD STAFF We want to say goodbye to: Iolanda Fresnillo, Javier Pereira and Carlos Villota and thank all of them for their work at Eurodad.   FOLLOW US ON TWITTER AND LIKE US ON FACEBOOK!     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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