Stay informed on development finance! July 27 2017

DFW Takes a summer break

Development Finance Watch is taking a break over the (European) summer holidays! We'll be back on September 7 with all the latest news, opinions and reports.


The unexpected Mozambican debt crisis: illegitimate debt back on the international agenda
Mozambique’s default on commercial loans worth US$2bn has triggered the latest - and arguably most shocking - African debt crisis in recent times. While nearly all African countries suffer from low commodity prices and rising credit costs, the Mozambican case is unusual in that it reveals how easily the new development finance paradigm, centred on private capital, can go wrong.



The OECD DAC's proposed aid rules: a worse crunch still to come?
 With the summer upon us, we urge donors not to lose sight of the big picture. If a quick resolution comes at the cost of development impact – and maybe even the credibility of the whole ODA measure – then that’s too high a price to pay. When it comes to the crunch, the only thing driving these decisions should be the priorities of people living in poverty – not a short-sighted drive to maximise ODA credit.

 Job opportunities

Eurodad: Grants, Finance & Office Manager (Maternity cover Nov 2017 - Oct 2018)
You will lead a team charged with ensuring that Eurodad remains well funded, that grants, finances human and other resources are managed effectively, and that the organisation continues to develop. Application deadline: 21 August.

Read more and apply here.

Oxfam: Gender Media Officer
Eurodad member, Oxfam, is looking for a Gender Media Officer (flexible location, major city in South or Southeast Asia). The successful applicant will have 6+ years’ experience in media and a proven record of focusing on women’s rights in their communications.



Open Society Foundations: Advocacy Specialist and Advocacy Specialist - Crisis and Innovation (Brussels)
Open Society European Policy Institute is recruiting two Advocacy Specialists, one with specialised knowledge of EU and human rights law, and the decision making process for internal EU policy; and one with expertise on the policies and instruments for EU external action. Both roles require an understanding of how advocacy works, knowledge of the EU system and commitment to the goals of OSF.  OSEPI is also recruiting an Advocacy Specialist for a two-year fixed term to focus on innovative, crisis and simmering policy issues of relevance to OSF. 

Action Aid: Call for consultants - Tax treaty research and report writing 
ActionAid International is looking to commission a report on revenue losses due to taxing right limitations in tax treaties. for more information, please contact Chisomo Manthalu.


What’s New

Making Tax Vanish: How the practices of consumer goods MNC RB show that the international tax system is broken The report from Oxfam examines the failings of the global tax system that facilitate mass tax avoidance. It looks at one example of a multinational company (MNC) that Oxfam thinks is not paying its fair share.
The Commitment to Reducing Inequality Index by Oxfam. The report presents a new global ranking of governments based on what they are doing to tackle the gap between rich and poor. 
Re-imagining UK aid. What a progressive strategy could look like. The report authored by Global Justice Now calls for a more progressive way to spend foreign aid.  

Jesse Griffiths, Eurodad's Director, was quoted in articles summarising the latest G20: 
G20 Leaves Three Billion People Out in the Cold

Critics Seek an Egalitarian Alternative to the Failed G20 

Tove Maria Ryding, tax justice coordinator at Eurodad, was quoted in Entorno Inteligentein an article on the Google case in France. 

María José Romero has been interviewed by SES América Latina

'Let's Talk Austerity and Alternatives', an International knowledge mobilisation project on austerity, has been launched by McMaster University in Ontario, Canada.
July 2017 Taxcast - the latest podcast by Tax Justice Network - explores Land Value Tax and the billions in revenue we’re missing out on.
'Aid credibility at stake as donors haggle over reporting rules' - a special investigation by IRIN
Regime Cash Machine  - a report from Global Witness on how the Democratic Republic of Congo’s booming mining exports are failing to benefit its people.

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