Category: Foreign Aid

Repeal the Act and privatize this Canadian SOE

In its submission to Ottawa’s 2018 Legislative Review of the Export Development Act, Probe International calls for a repeal of the Act and the privatization of Export Development Canada (EDC). Probe argues the federal government’s export-financing agency shares many of the same characteristics as China’s controversial state-owned enterprises (SOEs), characteristics that ensure market distortion and stunt private development.

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U.N. finally apologizes for cholera in Haiti … but omits one point

U.N. Secretary-General Ban Ki-moon’s “sorry” last week for the organization’s role in Haiti’s deadly cholera outbreak, called a “half-apology” by some for omitting to mention the likely source of that outbreak: Nepalese UN peacekeepers. Ban Ki-moon’s statement nevertheless marks the first time the organization has publicly acknowledged its role in the spread of the cholera epidemic in Haiti that killed at least 10,000 people after the 2010 earthquake.

A taxing new era

As foreign aid dries up in the age of austerity, low-income countries are being asked more and more to generate their own funds for development. One recommendation is taxation. Taxes produce revenue and taxed citizens are more likely to hold their governments to account for how development funds are spent. Developing countries say rich nations need to pay their share of taxes too.