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.The global financial crisis continues to change daily and affect the world in new ways. This week's development policy news examined the trickle-down effect as poor countries start to feel the burden of rich countries' financial woes.Sample articles:Economic Leaders Call for Action (Wall Street Journal: 10/9/08)The International Monetary Fund and World Bank leaders urged countries to coordinate an effort to solve the global crisis instead of focusing on just their own countries.Analyzing China's Exposure To U.S. Debt (National Public Radio: 10/5/08)China's economy relies heavily on its trade surplus. With the U.S. and now Europe suffering serious economic troubles, that will reduce their imports from China and hurt China’s economy as a result.Read all the articles from this week (opens Google Reader)