Forthcoming research by Save the Children Fund examines the record of “safety net” social programmes in formerly socialist countries. These state supported welfare schemes are typically associated with structural adjustment policies or other poverty programmes. Case studies from Uzbekistan, Tajikistan, Kyrgyzstan, Mongolia and Bulgaria look in particular at whether families’ livelihoods and access to services have been significantly impaired and whether measures to protect children have been effective. In Kyrgyzstan, for example, the World Bank-advised privatization of livestock has had devastating effects on pastoral communities, with drastic stock reductions, which have impacted food supply and livelihoods. Save the Children argues that what policy-makers think of as short-term impacts (say five or ten years of adjustment) may often have significant long-term effects as children’s health and education suffer. The report is due out in mid-September.
In the news
In December 2013, the German Development Institute, Friedrich-Ebert-Stiftung and Bretton Woods Project, in collaboration with the G-24, hosted a high-level workshop in Berlin to foster an open exchange on the profound changes in the global economy and the implications for global economic governance and its constituent institutions and members.
Last year BRICS' leaders agreed to launch a BRICS development bank. Whether this is considered positive depends in part what questions are being asked. Sameer Dossani of ActionAid International highlights the flaws in the World Bank and IMF, analyses whether a BRICS Bank could be different from these institutions and proposes what it should do and what it should look like.
The Bretton Woods Project is an ActionAid hosted project (UK registered charity no. 274467).