EU calls for aid to poor nations

The European Commission President Jose Manuel Barroso has called for a 'human rescue' package to help poor countries.
Speaking at the opening of a high-level UN conference on aid, Mr Barroso said it would be 'obscene' to neglect the human cost of the global slowdown.
The UN Conference on Financing for Development is meeting in Doha, Qatar to track progress on development aid.
There are fears that rich countries will cut back on development aid ... Full Story »

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3.6
by Marsha Iverson - Nov. 30, 2008

Solid overview of the global economic elements of poverty, with hints of the impact to come as anticipated levels of aid drop because of the global economic crisis. Also mentioned are a few of the key players: world finance groups, and NGOs providing aid. Missing are the realities facing the "undeveloped" countries, and their poorest citizens. Also missing are the factors--largely controlled by global mega-corporations and profiteering governments--that contribute to the lack of development, the poverty, exploitation, and potential starvation of the poor. Not all of this information can be included in one story, but I hope to see many links and following reports that provide the fuller picture.

To fully understand this story, more information is required. A charitable interpretation of the facts will excuse the current situation and looming catastrophe to unanticipated side-effects--or "collateral damage"--of the worst aspects of globalization. Rather than launch a blame-storm, let us begin by acknowledging the scope of the crisis, and finding speedy and effective solutions. Everyone deserves adequate food, clean water, air safe to breathe, and untainted land for raising traditional foods. To deny anyone those fundamental rights is to forfeit our humanity. To deprive anyone of these basics in order to reap a corporate PROFIT is unconscionable. Yet that is the result of the "global economy" we have created. The rich nations have largely gained their wealth by profiting from the poverty of others--by stealing from the poor through legal structures designed by political collaborators to mutual advantage. Whether through exploitation of natural or human resources, or by tying economic aid to rapacious corporate monopolies, the wealthy must not be allowed to dodge responsibility. Practices including requiring impoverished farmers annually to buy hybrid and copyrighted seed stock, fertilizers, and genetically modified foods; privatizing water supplies and selling clean water to impoverished villagers; extracting oil and mineral resources without environmental protection; slave labor; forced prostitution to pander to the super-wealthy sex tourist market; local policies that pit neighbor against neighbor in perpetual turmoil so that nobody notices the corporate/government exploitation going on behind the cover of 'tribal warfare'. Even the apparently fair import of food to provide year-round supplies of seasonal items increases poverty and starvation in the source nations, as food crops for the local farmers give way to commodity crops that bring international cash to landowners, and a false sense of food security to the importing countries. Intended or unintended, the consequences are insupportable, and those who have profited from these policies and collusions must accept responsibility and solve the problem now.

The World Bank has said that developing countries are facing a ‘perfect storm’, with the convergence of slowing growth, a withdrawal of private capital, and higher interest rates on their debt. The Bank says that growth in developing countries will fall by two percentage points to 4.5% next year, as the volume of global trade contracts for the first time since 1982. But aid agencies have criticised the fact that neither the head of the World Bank or the IMF, or many other world leaders from rich countries, have come to the talks. “The fact that so few world leaders have chosen to travel to Doha is a real cause for concern,” said Ariane Arpa of Oxfam.

(14 answers)

Marsha's Rating

Overall
3.6

Good
from 14 answers
Quality
3.5
Facts
4.0
Fairness
4.0
Information
4.0
Sourcing
3.0
Style
4.0
Context
3.0
Depth
3.0
Enterprise
3.0
Popularity
4.0
Recommendation
4.0
Credibility
4.0
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