development

Report: World Bank Fails to Address Poverty

Dec 10, 2006
A new report by the World Bank's Independent Evaluation Group criticizes the international lending organization for failing to alleviate global poverty with programs that focus too single-mindedly on growth. The bank estimates that 1.1 billion people subsisted on less than $1 per day in 2001. (h/t: Common Dreams)

‘Syriana 2’

Feb 18, 2006
China is set to plumb Iranian oil fields in a $100-billion deal, complicating U.S. efforts to isolate Tehran and providing Iran more money to pursue its nuclear ambitions. Can someone please call Stephen Gaghan to figure this one out for us? Or maybe this is a case for Truthdig's Orville Schell, who knows a thing or two about China?
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China: Boom or Boomerang

Dec 3, 2005
At the same time that China is recording huge increases in trade surpluses and currency reserves, deadly riots are breaking out on the outskirts of some of the country's largest cities. In this Dig, scholar Orville Schell challenges the current wisdom about China being an inevitable superpower and unstoppable economic force.Schell challenges the current wisdom that China is an inevitable superpower and unstoppable economic force.