Health Equity: 03/04/11

Friday, March 4, 2011

[EQ] Spreading the Wealth - Sustaining Latin America's Transformation

Spreading the Wealth

Finance & Development, March 2011, Vol. 48, No. 1

Alicia Bárcena, Executive Secretary of the United Nations Economic Commission for Latin America and the Caribbean ECLAC/CEPAL

Poverty and inequality have declined in Latin America in recent years, but there is a lot more to do

Available online at: http://bit.ly/gNAf3D

“……The years following the 2002 emerging market crisis have been good ones for Latin America. Economies grew smartly and there was a significant reduction in poverty and a slight improvement in income distribution—with only a small setback during the Great Recession that began in 2008. But even with these positive developments, poverty, inequality, and economic and social marginalization remain prevalent in many Latin American countries—which historically have had among the most skewed income distribution in the world.

The improvements reflect not only strong economic growth in the region, which averaged more than 4 percent during the period, but also better social policies and an increase in the number of workers toiling in the formal economy rather than the less-productive underground, so-called informal, economy, where wages and social protection are weaker…..”

Sustaining Latin America’s Transformation

Finance & Development, March 2011, Vol. 48, No. 1

Nicolás Eyzaguirre, Director of the IMF’s Western Hemisphere Department
http://bit.ly/dLkNWa

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[EQ] OECD: Geographical Distribution of Financial Flows to Developing Countries 2011

Geographical Distribution of Financial Flows to Developing Countries 2011
Disbursements, Commitments, Country Indicators

Organisation for Economic Co-operation and Development (OECD) 2011

Available online PDF [280p.] at: http://bit.ly/hFTDfj

“…..The data cover:

– net and gross disbursements; – commitments; – terms; and – the sector/purpose allocation of bilateral Official

Development Assistance (ODA) commitments for around 150 developing countries and territories for 2005, 2006, 2007, 2008 and 2009 with data on key indicators to provide perspective in interpreting the resource flow information for each. The aim has been to present a comprehensive record of the external financing of each country shown. The data show the transactions of each recipient country with:

i) DAC member countries (individually or as a group)
ii) multilateral agencies (individually or as a group);
iii) other major donors.

The member countries of the OECD Development Assistance Committee for which data are presented are: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Japan, Korea, Luxembourg, the Netherlands, New Zealand, Norway, Portugal, Spain, Sweden, Switzerland, the United Kingdom and the United States. Data for the EU Institutions (EU Institutions – taken to include the European Investment Bank), which is also a member of the DAC, are included under “multilateral agencies”. A further separate line (EU Institutions + EU members) gives the sum of multilateral flows from the EU Institutions and total bilateral flows from the 15 European Union member countries that are also DAC members. The data on financial flows from multilateral sources cover the World Bank (including IBRD, IDA, IFC and the Trust Funds for the Global Environment Facility and the Montreal Protocol), IDB, AfDB, AsDB, CarDB, EBRD, EC, IFAD, GAVI, the Global Fund, concessional flows from the IMF, Nordic Development Fund and WHO.

Financial flows from Arab-financed multilateral agencies, shown as a group, cover BADEA, Islamic Development Bank and OFID in 2009. The technical assistance and relief agencies of the United Nations cover mainly the following programmes or agencies: IAEA, UNAIDS, UNECE, UNFPA, UNDP, UNHCR, UNICEF, UNRWA, WFP and the activities in developing countries funded from the regular budgets of other agencies, referred to here as United Nations Technical Assistance (UNTA)…..”