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.As the global financial crisis continued to fill the news hole this week, journalists began to explore what the crisis means for developing countries, especially those in Latin America. As the US financial markets sink, Latin American immigrants return home. At the same time, economists begin to look favorably upon the highly regulated financial markets in many Latin American countries.Sample articles:S. America Watches As U.S. Alters Free-Market Tune (National Public Radio: 9/30/08)Economists begin to question the free market approach touted by many rich countries in the past. These experts even tip their hat to regulation many Latin American governments place on their financial markets.Latest Immigration Wave: Retreat (Wall Street Journal: 10/2/08)US Construction jobs traditionally provided Latin American immigrants with enough money to send home to their families in poor countries. But the slumping US construction sector is changing this for many immigrants who are now returning to their countries of origin in response to the poor job market.Read all the articles from this week (opens Google Reader)