Last month, the board of governors of the World Bank gathered for their annual meeting in Lima, Peru. To much fanfare, they released new data demonstrating that for the first time, the percentage of the global population living in extreme poverty—that is, on less than $1.25 a day—has dropped below 10 percent. The international community has much to celebrate with this achievement, but the work is not done. In fact, the remaining zones of abject poverty around the world are the toughest cases yet. They are often located in zones of habitual conflict where, repeatedly, the World Bank, the United [...]
Aid and Development
Is it riskier to be an austere politician or a humane one? Since the global financial crisis broke in 2008, economic austerity has been the single biggest source of contention in global politics. Some leaders, like British Prime Minister David Cameron, have persuaded voters to accept big cuts to state spending. Others, such as outgoing Canadian Prime Minister Stephen Harper, have lost power to rivals that offered less painful fiscal alternatives. Yet if politicians talk up “austerity” at their own peril, they may find that the “humane” label is becoming equally costly. In Europe in particular, governments are struggling with [...]
Editor’s note: This article is part of an ongoing WPR series on the European refugee crisis and European Union member states’ approaches to addressing it. French President Francois Hollande held talks with German Chancellor Angela Merkel on Tuesday on the refugee crisis, with a French official reporting that the two leaders agreed on policy objectives. However, France’s response to the refugee crisis has been far more subdued than Germany’s. In an email interview, Didier Fassin, professor at the Institute for Advanced Study in Princeton and director of studies at the Ecole des Hautes Etudes en Sciences Sociales in Paris, discussed [...]