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.
The IMF and the World Bank are increasingly engaged with the challenge of addressing how tax avoidance and evasion affect developing countries, but need to address the role played by multinational enterprises and tax havens in exacerbating inequality and undermining countries’ domestic revenues.
Donate to the Bretton Woods Project
The Bretton Woods Project is an ActionAid hosted project (UK registered charity no. 274467).