A window of opportunity has opened for European policy since growth rates rebounded. But whether growth will continue for a time long enough for reducing the fiscal burden, unemployment and inequality depends on strategy changes, write Karl Aiginger and Heinz Handler.
There has been a significant mood change among European policymakers. Far from seeing Africa as a charity case, they have come to recognise it as a security threat: doing more to develop Africa's ailing economies is rising fast up the EU agenda, writes...
Poverty reduction in the world’s poorest countries risks being diluted by the UK government’s increasing tendency to devote a bigger slice of Britain’s aid budget to pursuing the national interest, the Institute for Fiscal Studies has warned.
The UK government’s claims of low levels of fraud in Britain’s overseas aid budget do not seem credible given mounting evidence of missing money, the House of Commons financial watchdog has said.
British Prime Minister Theresa May promised Friday (21 April) to keep the UK’s aid spending at 0.7% of GDP if – as appears likely – her ruling Conservative party win the upcoming snap election.
The UK has pledged to double the funding it gives to fighting neglected tropical diseases, in a move that will protect more than 200 million people around the world from debilitating and painful conditions.
Britain’s departure from the EU will challenge the bloc’s role as the world leading aid donor, and could see EU aid shrink by up to 3%, according to an authoritative new study by the European Parliament.