In The News

The Year of Africa's Economic Turnaround?

Amarnath Singh March 8, 2005
According to the International Monetary Fund (IMF), the economies of 30 African countries, as well as the continent as a whole, are projected to grow at a relatively high rate this year. However, Africa's nations still face many obstacles to becoming market miracles. Many remain paralyzed by poverty, AIDS, bad governance, high development and infrastructure costs, and social instability....

A Drug-Free Afghanistan Not So Easy

Paula R. Newberg March 7, 2005
The recent announcement of surging Afghan poppy production, while no surprise, is indicative of a dangerous trend – one that may ultimately undo the recovery of the fragile Asian state: Illegal poppy production now, more than ever, forms the basis of Afghanistan's economy. The fledgling state's existence as a cornerstone of both the war on terror and international anti-narcotics...

Leveraging the Dragon: Toward "An Africa That Can Say No"

Chris Alden March 1, 2005
China is extending its economic influence to every corner of the world, and natural-resource-rich Africa is no exception. Between 2000 and 2003, China-Africa trade volume increased from US$10 billion to US$18 billion. However, some fear that this bilateral relationship is not built on equitable terms. According to economist Chris Alden, Africa's trade deficit with China has increased...

"Tsunami Effect" Likely to Hit Africa

Kevin J. Kelley February 24, 2005
In January, international donors quickly met the UN appeal for US$977 million for tsunami relief operations. That same month, member countries gave only US$21 million of the US$29 million requested by the UN World Food Program, resulting in ration cuts for some African nations. This disparity reflects a serious problem: While the international community has quickly responded to the tsunami...

Israel, Palestinians Close to Agreement to Reduce Violence

Robin Wright February 7, 2005
Newly confirmed US Secretary of State Condoleezza Rice began her visit to the Middle East by naming a security coordinator to facilitate the new Israel-Palestine peace process. Rice also held meetings with new Palestinian Authority president Mahmoud Abbas and Israeli Prime Minister Ariel Sharon, highlighting the "hard decisions" both parties must make in the coming months. While Rice...

Can the World Deliver for Africa?

Larry Elliott February 2, 2005
2005 may be the year of Africa, if UK Prime Minister Tony Blair and other officials have anything to do with it. Britain, charged this year with the coinciding presidencies of both the EU and the G8, has vowed to make African economic revival a priority. The poorest continent in the world is steadily growing poorer, as standards of living, health, education, and economic productivity are far...

Power Hungry

January 31, 2005
In this comprehensive report, relief organization ActionAid International argues that large food corporations have become too powerful and are undermining the global fight against poverty. Currently, one transnational company controls 80 percent of Peru's milk production, five companies' control 90 percent of the world grain trade, and six corporations control three-quarters of the...