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Number-Crunched Shows The Hidden Meaning Of Pledges

Interesting findings in Avaaz’s website:

END THE HUNGER SCANDAL: […] some wealthy countries are threatening to renege on a new $20 billion pledge made earlier this year to boost agriculture in the poorest countries […]

FROM HERE TO A GLOBAL TREATY: […] Developed countries need to put money on the table. How much? According to the Climate Action Network International policy paper, $150 billion per year, additional to existing aid, and raised from auction allowances. The European Commission Communication on Climate Financing is talking on a similar scale at least, calling for €50 billion annually by 2020 […]

Would anybody now please stand up and tell the world they believe it will be any easier to extract billions of dollars from “Developed countries” in 2020 than it is now?

0 replies on “Number-Crunched Shows The Hidden Meaning Of Pledges”

You need think about it. Despite the emails, the overwhelming evidence showing global warming is happening hasn’t changed.
“The e-mails do nothing to undermine the very strong scientific consensus . . . that tells us the Earth is warming, that warming is largely a result of human activity,” Jane Lubchenco, who heads the National Oceanic and Atmospheric Administration, told a House committee. She said that the e-mails don’t cover data from NOAA and NASA, whose independent climate records show dramatic warming.

[partially edited out -maurizio]

To me, it seems like Bush undermined rule of law in the United States (PATRIOT Act?) more than Obama has done.

Africa was ruthlessly exploited by the colonial powers for its resources, and the only thing that’s really changed is that now the kleptocrats are black.

As for what Africa and other backward regions need to develop, here is what I think the priority list is:

1. Physical security, plus some rule of law (even a deeply flawed rule of law is much better than none at all). Without these there is no point in producing anything, because it will be destroyed or stolen.
2. Transport and communications infrastructure — people are more likely to be productive if they can usefully sell their work.
3. No self-interested interventions by foreign powers (this doesn’t necessarily mean Western powers by the way — the Ethopian invasion of Somalia was pretty damaging).

Actually “foreign aid” is the last thing the pooer countries of the world need. They need actual investment. Foreign Aid ensures that the elites in the “developing” countries can have villas in the south of France or go on shopping trips to Harrod’s, like the Jackals who have destroyed Zimbabwe. What those countries need is the rule of law, the sort of thing the US had before we elected Obama.

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