We’ve known this for a long time. For every aid dollar that flows south, ten dollars flows northwards through illicit channels. The odds are stacked against sustainable development.
G20 leaders meet this autumn to discuss the world economy. The prospects don’t look encouraging, but this is exactly the moment when they should take action against the underlying problems, which means taking action against tax havens.
So, let\’s have a look at how that sustainable development thing is going then.
Gosh. So, we\’ve the largest reduction in poverty ever in the history of our species. We\’ve, finally, got economic growth going in Africa. We\’ve even got decreasing income inequality in Africa (that\’s the Sen Welfare bit). I\’d say that sustainable development is doing pretty well actually.
In fact I\’d say the whole neo-liberal project, Washington Consensus and all, is doing pretty fucking well. We\’re getting what we want, that the poor become rich.
So why does Ritchie want to screw the whole thing up?