Top economists challenge free-market mantra

 
Top economists challenge free-market mantra
The Stockholm Statement, eight principles for policymakers issued by a small group of leading economists, holds that promoting unfettered markets and narrowly focusing on growth have contributed to the twin crises of global inequality and environmental degradation. An initiator of the statement, Kaushik Basu, former Chief Economist at the World Bank, says the election of Donald Trump as US president makes the statement “even more urgent.” 
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Common SDG agenda cannot hide differences in Nordic aid

Nordic development policies all claim allegiance to the Sustainable Development Goals. The SDG agenda is so broad that it acts like a one-size-fits-all suit for politicians of all stripes. Read Development Today’s analysis of Nordic aid in 2017.
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Independent journalism - no exceptions for news on aid

Development Today has now been in publication for 25 years. Over this period, our mission has been to provide independent, fact-based news and analysis to decision makers and others working with Nordic development assistance. In an increasingly fragmented information society, we think this is more important than ever. News on aid is no exception.
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Swedfund’s three-dimensional bottom line

Swedfund’s three-dimensional bottom line

The aid-funded investor Swedfund has consulted NGOs to improve its business model, and goes far beyond the traditional bottom line when investing in poor countries. An interview with Anna Ryott, Managing Director of Swedfund.
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Swedish prosecutor questions Lundin over oil drilling in South Sudan

Swedish prosecutor questions Lundin over oil drilling in South Sudan

In 2001, Christian Aid accused Lundin Oil of clearing villages to make way for drilling in Sudan. Lundin denies this, but 15 years later a Swedish proseutor is pursuing an investigation of Lundin.
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A month as President of UN Security Council

The working climate at the Security Council has improved, according to Sweden’s Ambassador to the UN Olof Skoog, who served as President of the Council during January.
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Norway launches two multi-million-dollar funds in Davos

Norway has launched two large aid-financed initiatives, one to support deforestation-free agriculture and the other to promote development of vaccines against deadly diseases.
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Tied mixed credits make Finnish comeback

The Finnish government has launched a new aid-subsidised loan scheme for infrastructure projects tied to Finnish exporters. 
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A one-billion dollar bank deal in Sub-Saharan Africa

At a time when Western banks are exiting Sub-Saharan Africa, the new Norwegian-Dutch banking group Arise aims to grow its assets in the region to USD 1 billion in the next five years. 
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Climate Ministry defends reservation of NOK 600m climate grant for 3 more years

According to Norad’s lawyers, setting aside aid funds for a hydro project in Guyana over such a long period contravenes normal budget rules. The Climate Ministry says the rules are “not relevant” for Norway’s rainforest aid.
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