Weekly Tweets for 2010-12-31
- .@MixMarket does the numbers on how Indian #microfinance growth was financed http://bit.ly/iaSYdF #
With short term U.S. treasury paper paying zero percent, where in the world can you get 14.7%? Cote d’Ivoire. The yield on Ivorian Eurobonds spiked on fears of a resumption of civil war and prospects of a default on a payment due December 31st. Bondholders are right to worry.
“Many of those displaced still haven't returned home. Funds for rebuilding remain scarce… a lack of basic services, troubles with contractors and skilled-labor shortages complicate the situation” --that was New Orleans a year after Katrina, according to NPR.
The passage of time, the approach of the end of the year, and the ongoing review of microfinance regulation by the Reserve Bank of India--appointed Malegam committee seem to have prompted people to sum up what happened in Andhra Pradesh and extract lessons. E.g.:
USAID Administrator Shah has taken another step in his ambitious program of making USAID not only a premier development agency (as Hillary Clinton promised it would be back in her January 2010 development speech) but premier in economic analysis, and in macro as well as micro. Shah could not have been smarter than to recruit Steve Radelet from his job as a senior advisor on development to Secretary Clinton.
The India office of MicroSave, which I blogged about before, has just released four new two-pagers on the Andhra Pradesh situation (free with registration). The first looks backward ("The Andhra Pradesh Crisis: Three Dress Rehearsals … and then the Full Drama") but the rest look forward.
On November 12th, my colleague Todd Moss devised a grading matrix for the Quadrennial Diplomacy and Development Review (QDDR). Now that the full document has been released, the two of us are donning our professors’ hats and reporting our final grades based on his original framework.
The early Christmas gift from the State Department of a 200+ page Quadrennial Diplomacy and Development Review (QDDR) was unwrapped several times over and inspected by its many recipients in the development and diplomacy communities. The “Made in DC” review is a 100% American product finely crafted by some of the best American women and men (see pages 214-215) in the U.S.G.
The early Christmas gift from the State Department of a 200+ page Quadrennial Diplomacy and Development Review (QDDR) was unwrapped several times over and inspected by its many recipients in the development and diplomacy communities. The “Made in DC” review is a 100% American product finely crafted by some of the best American women and men (see pages 214-215) in the U.S.G.