Weekly Development Policy News

Click here (opens Google Reader) to access my weekly selection of mainstream news articles covering rich world policies and practices that affect poor people in developing countries.This week's development news examined how the financial turmoil will impact rich world investment in poor countries. On the one hand, charitable organizations warned that the economic downturn could undermine major charitable investments around the world. On the other, the private sector continues to invest in poor countries, at least for the time being.Sample articles:Clinton: Downturn Puts Charities at Risk (National Public Radio: 9/23/08)The Clinton Global Initiative’s fourth-annual meeting opened with concerns that the financial turmoil will affect philanthropic giving to poor countries. If charitable donations decline, the persisting high food and energy prices will increasingly hurt poor people in developing countries.GE Exploring Investment in Asian Energy Sector (Wall Street Journal: 9/24/08)Despite the world’s financial shake-up, General Electric plans to invest in off-shore wind farms in Southeast Asia and India. This in part of a 5 to 6 billion dollar plan to invest in energy resources by the end of this year.Read all the articles from this week (opens Google Reader)