Monday, December 16, 2019

DT 4 / 2006

Red Cross post-tsunami: ‘too much money in the wrong hands’

An evaluation of the Red Cross’ response during the first few weeks after the tsunami concludes that the organisation faces a serious dilemma because it has so much money, and it must enter areas - like house-building on a massive scale - that are outside its usual mandate. The report was completed in March 2005, but was not released for a year by decision of the Red Cross’ international board. (See DT 1/06) Following strong criticism, the evaluation has now been made public.

Diluting de Soto, paving way for more players

The new Norwegian government has changed Norway’s approach to the High Level Commission on Legal Empowerment of the Poor, established during the previous administration. The ideas of Hernando de Soto are diluted and the UN is given a more prominent role.

Danish practice threatens untying regime, say OECD sources

Denmark does not accept that the OECD rules for untied aid to least developed countries are valid for mixed credits. Finland, Sweden and Norway have abolished tied credits in order to comply with the OECD rules. Their export industries have been hit hard, while Danish mixed credit-financed export contracts have skyrocketted. OECD sources condemn the Danish position.