- Fiscal Boosts May Create Problems for Developing Countries - developing countries pursing loose monetary policies and fiscal stimulus to revive their economies, without strong tax bases and with significant foreign debt (denominated in foreign currencies) may to lead to collapse of their currencies and loss of confidence by investors.
- Feeling the pinch of soaring food prices - IRIN report on how urban families in Lesotho are struggling to cope with rising food prices.
- NGOs, the new colonial powers in Africa? - The Monitor on whether international NGOs have replaced traditional western donors and absentee states' influence by providing services that are traditionally the responsibility of the home governments.
- Housing complexes as engines of urbanisation? Angola Press defends the Angolan government approach to revitalising Luanda.
- Affirmative action for Angolan executives? Macau Hub reports that the Angolan government has ruled that all oil companies working in Angola are obliged, as of now, to employ Angolan citizens at all corporate levels.
Wednesday, 7 January 2009
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THEMES :
agriculture,
angola,
local-govt
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Related to food security, IFAD appears to be launching pilot programmes in various parts of Africa for the purpose of village level investment in agricultural development. Half the funds are a loan and the other half a grant, so scalability would be dependent on donor and affordable bank capital availability, but it will be interesting to see what kinds of results they can get by combining aid monies with debt obligations.
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