Development Finance Watch, Issue 111

Eurodad Newsletter January 31, 2013 - Issue# 111   European Network on Debt and Development DEVELOPMENT FINANCE WATCH
	Top Story » World Bank must decide if it stands for development or business as usual The first round of consultations for the World Banks review of its procurement policy has been completed and an analysis of the inputs provided has been posted. The consultation featured a wide array of stakeholders including civil society. Clear areas of contention between donor countries, developing countries, and their private sector have arisen in the process on issues of domestic preferences and the use of developing countries’ procurement systems.   Read more   News » Exposing the lost billions Third World Network’s magazine Resurgence recently published the edition Siphoning the South’s resources: Transnational corporations, transfer pricing and tax evasion. The compilation of articles shows how the current uproar in the North over tax dodging by multinationals reflects a problem that has long plagued developing countries and cost them billions of dollars every year. Eurodad explains how developing countries lose billions to tax dodging every year, and how the EU can contribute to plugging the leaks.   Read more News » Paris Club to write off 60 % of its claims on Burma The Paris Club and the government of Burma met in Paris last week to agree on a treatment of the country’s outstanding debts to its western creditors. A deal was agreed, which offers a cancellation of half of Burma’s arrears owed to Paris Club creditors.     Read more Report » Exportable? – How To Make The Norwegian Debt Audit Transferable To Other Countries Eurodad member the Norwegian Coalition for Debt Cancellation (SLUG) has recently launched the report “Exportable? – How to make the Norwegian debt audit transferable to other countries.” The report takes a quick look at debt audits throughout history, explores weaknesses and strengths in the Norwegian model, and outlines what elements of this model need to be changed in order to make it transferable to other countries. Read more   Report » Investing in the Business of Development: Bilateral Donor Approaches to Engaging the Private Sector In January 2013, the Canadian Council for International Co-operation, in collaboration with The North-South Institute, released a new report which identifies emerging themes in bilateral donor policies around the private sector. It compares and contrasts donor approaches, unpacks old and new assumptions, and sheds light on the many ways in which donors are now seeking to partner with the private sector.   Read more		What's New   Issue #111   January 31, 2013 ACTION ALERT Everyone can have enough food IF world leaders act now!   FEATURED MEMBER   The Development Research Center (RDC) is a private non-governmental development organisation whose mission and objectives are to stimulate research and raise awareness about developing countries and their role in the world of economy and politics.   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 “The Norwegian approach to debt management is relevant to other countries, including Zambia. The most important elements of the audit are: 1) Setting precedence and 2) The use of external auditors is particularly important for the sake of transparency.” Geoffrey Chongo, Jesuit Center for Theological Reflection (Zambia) in the SLUG report.     FEATURED RESOURCE Hip hop Video on tax-havens     EURODAD IN ACTION Jeroen Kwakkenbos attended the OECD Aid for Trade Policy Dialogue in Paris, France   Jesse Griffiths spoke at a PARTOS event on aid financing in the Hague, Netherlands EVENTS What: Eurodad/Glopolis International Conference 2013 When: 3-5 June, 2013 Where: Prague, Czech Republic     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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