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Across the developing world, the revolution in mobile telecommunications technology is driving massive changes in access to financial services. Currently, there are 2.7 billion “unbanked” people in developing countries (.pdf). They have few effective ways to save money; accessing credit and transferring money is difficult and expensive; insurance is a dream. Yet, to break cycles of poverty, the poor need access to affordable and versatile financial services. The rapid uptake of mobile phones, even in remote areas and among the poorest of the poor, has the potential to significantly increase financial inclusion. The Grameen Foundation estimates that nearly 40 percent […]
With economic turmoil in Europe and concerns over budget deficits and debt in the United States, public spending is receiving heightened scrutiny in major foreign assistance donor countries. Austerity has become the preferred route for many of them, leading the development community to wonder how austerity will affect development and how long this period will last. Austerity in donor countries is already affecting development in a number of critical ways. It is reducing levels of foreign assistance overall and prompting many donors to re-evaluate their aid programs and development strategies. This period will also likely see greater importance for the […]
The first official foreign visit of any newly elected president represents a significant symbolic statement. Knowing this, new leaders choose their first visit very carefully, often selecting a country that is either a major strategic ally or an important trade partner. Nonetheless, the Egyptian government’s announcement that President Mohammed Morsi’s first foreign visit will take him to Saudi Arabia came as something of a surprise. Morsi is no doubt aware, based on media reports, that during the bloody protests that led to the end of former Egyptian President Hosni Mubarak’s rule, Saudi King Abdullah was urging U.S. President Barack Obama […]
In El Salvador, a dispute between the Constitutional Court and the National Assembly has led to two separate groups of judges claiming to be the country’s lawful Supreme Court. In an email interview, Linda Garrett, a senior policy analyst for El Salvador at the Center for Democracy in the Americas, discussed El Salvador’s constitutional crisis. WPR: What is the immediate background to El Salvador’s constitutional crisis? Linda Garrett: The confrontation between the Constitutional Court and a majority coalition in the legislature is as political as it is institutional, a reflection of the deep polarization that still divides El Salvador 20 […]
U.S. Secretary of State Hillary Clinton visited Mongolia on Monday on the second day of her Asia tour intended to boost U.S. economic engagement with the region. She praised the Asian country as a model of democracy and called it an “inspiration.” By visiting Mongolia, Clinton aimed to put to rest the idea that democracy is a Western ideal in conflict with Asian values, explained Stephen Noerper, senior vice president of the Korea Society. “It provided the U.S. with an opportunity to acknowledge and congratulate Mongolia on its path toward democracy and to quietly acknowledge the fragility of that and […]
China’s four-week standoff with the Philippines in May over the disputed Scarborough Shoal in the South China Sea has brought the issue of Asian naval rivalry back to center stage. The anxiety is not confined to China’s neighbors in Southeast Asia, however. Maritime experts in India now worry about the increasing frequency and size of Chinese maritime contingents deployed in anti-piracy patrols off Somalia and the increasingly assertive stance adopted by China’s maritime policy community, no longer coy about discussing naval bases in the Indian Ocean. But if New Delhi is most concerned about China’s forays into the Indian Ocean, […]
In June, Morocco requested $1 billion in U.S.-funded upgrades to 200 M1A1 Abrams tanks. In an email interview, Yahia H. Zoubir, a professor of international relations and international management and the director of research in geopolitics at Euromed Management in Marseilles, France, discussed U.S.-Morocco defense relations. WPR: What is the historical background of U.S.-Morocco defense relations, and how have they evolved? Yahia H. Zoubir: The United States considers Morocco a friend and ally, with formal relations dating from the 1787 Treaty of Marrakech, the oldest unbroken treaty in U.S. foreign relations. Foreign military assistance to Morocco began immediately after Morocco’s […]
On July 7, for the first time since 1969, Libyans voted to elect a General National Congress as part of efforts to create a new political system after the toppling of Moammar Gadhafi last year. The elections saw 2,639 individual candidates compete for 120 seats in 69 constituencies, with 559 women making up 44 percent of the candidates registered for seats reserved for political parties. Turnout was high, with 2.8 million people — of which 45 percent were women — registering to vote from among the roughly 3.5 million Libyans eligible to do so. The polls, which were the country’s […]
During his recent visit to New Delhi, U.S. Defense Secretary Leon Panetta highlighted the evolution of the annual Indo-U.S. naval war game Malabar from a passing exercise for the two navies’ ships into a full-scale engagement across all functional areas of naval warfare. Indeed, the steadily increasing complexity of Indo-U.S. naval force coordination has been a standout feature of an otherwise interest-driven relationship, suggesting Washington increasingly sees India as the western hinge of the U.S. pivot to Asia, with the U.S. Navy backstopping the shift from the Pacific. However, before the Indo-U.S. entente on the seas becomes a full-blown condominium, […]
Fears of violence are rising in Libya on the eve of the country’s first free election in more than 50 years. Saturday’s National Assembly elections could determine whether Libya continues to suffer discord along ethnic and regional lines or consolidates its moves toward becoming a new, democratic state. “It is important to keep in mind that in a postconflict election like [this one], the main concern is usually about credibility,” Ayman Ayoub, regional director for Western Asia and North Africa at the International Institute for Democracy and Electoral Assistance, told Trend Lines. “What really matters is that the elections are […]
In June, Vietnam asked the U.S. to end a ban on lethal weapon sales to the country in service of its ongoing military upgrade. In an email interview, Carlyle A. Thayer, an emeritus professor at the University of New South Wales at the Australian Defense Force Academy, discussed Vietnam’s military modernization. WPR: What is the current size, scope and capability of Vietnam’s military, and what are the major gaps it is seeking to fill? Carlyle A. Thayer: The Vietnam People’s Army (VPA) totals 482,000 main forces, comprised of the army (412,000), navy (40,000) and air-defense air force (30,000). The armed […]
There are two simultaneous and contradictory trends occurring right now in the international system. The first is the diffusion of power, as reflected by the displacement of the old Group of Seven, which at its founding in the 1970s comprised the bulk of the world’s productive capacity, by the Group of 20, where there is no longer one dominant power capable of driving the global agenda. The second is the reality that the United States still far outstrips any other one state or group of states in terms of capabilities, ranging from the power of its currency to its ability […]
NAIROBI, Kenya — In Kenya, a country with a history of institutionalized impunity for politicians, the attempt last week by parliament to pass legislation seemingly designed to safeguard incumbency might be considered par for the course. The proposed bill, which among other things mandated that members of parliament have university degrees, highlighted the challenges facing political reform efforts two years after the passage of what was hailed as arguably the most progressive constitution on the continent. Significantly, however, the move by parliament was greeted with popular outrage and criticized by media outlets and prominent officials alike. Sensing the political fallout, […]