This briefing from Eurodad member Global Justice Now reviews recent investments by the CDC, the development finance arm of the UK Department for International Development, and shows how serious questions remain about its impact on poverty reduction.
Development Finance
Inviting Scandal - DfID’s dangerous plans to expand its controversial private equity arm
- Development Finance
- Global Justice Now
Development Finance Institutions and Responsible Corporate Tax Behaviour: Where we are and the road ahead
This analysis shows how many DFIs are still not doing enough to eliminate the risk of public money being complicit in tax avoidance schemes.
- Development Finance
How international financial institutions and donors influence economic policies in developing countries
This briefing analyses compliance with the ownership principle by the International Monetary Fund (IMF), the World Bank Group and the European Commission (EC).
- Development Finance
The responsible finance standards of multilateral institutions: state of play
Eurodad’s report The state of finance for developing countries 2014 showed that developing countries continue to lose significantly more financial resources than they gain due to failings in the international economic and monetary system. In addition, as Eurodad’s report setting out key challenges for policy makers in advance of last year’s UN summit on Financing for Development in Addis Ababa argued, the quality of the financing that developing countries receive also needs improvement.
- Development Finance
- Debt Sustainability
Official Flows: basic principles for transparent measurement and reporting by providers
Increasing transparency of reporting by the providers of cross border official finance (‘official flows’) can help increase the accountability of those providers to their citizens and those recipients to whom they have made promises.
- Aid Effectiveness
- Aid Quantity
Highway to hell: European money fuelling controversial infrastructure projects
Providing an in-depth analysis of two major infrastructure projects in the Veneto region in Italy, Re:Common and Counter Balance's report focuses on the corruption and state capture issues related to them. Both the Passante di Mestre and the Mose projects have become enmeshed in one of the biggest corruption scandals in Italian history, leading to the arrests of politicians, businessmen and public officials. We refer here to this scandal of systemic corruption as the “Veneto system”.
- Development Finance
- Re:Common
- Counter Balance
What a way to make a living: using industrial policy to create more and better jobs
TTIP-style trade deals could undermine workers’ rights and force people in poor countries into low pay, low skill jobs, according to a new report from ActionAid.
- Development Finance
- ActionAid
Dredging in the dark: An analysis of the Dutch dredging industry’s failure to identify, prevent and mitigate adverse impacts in dredging
Two Dutch dredging companies and the Dutch government played a major role in the recent effort to widen and deepen the Suez Canal.
- Development Finance
- Both ENDS
- SOMO
Glass Half Full? The state of accountability in development finance
This report documents the hurdles communities and workers face in obtaining remedy from development banks whose projects cause them harm.
- Development Finance
- SOMO
Diversify and conquer: transforming Bangladesh into an industrialised country
ActionAid’s policy report Diversify and Conquer discusses what Bangladesh’s government needs to do to create decent jobs for the country’s workers so they have better employment alternatives to jobs in garment factories, where they are poorly paid and badly treated. Opening this path to a brighter future requires transforming the economy by investing in manufacturing sectors that bring in more money for the country, like engineering and electronics.
- Development Finance
- ActionAid