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 rich countries begin to understand how the financial crisis will affect their economies, poor countries are beginning to wonder how it will affect theirs. This week's development policy news examined how rich countries can help poor countries avoid economic devastation caused by the financial crisis.Sample articles:Fearing a Drought of Aid (Washington Post: 10/22/08)At the White House summit on international development earlier this week, President Bush warned that a reduction of foreign assistance during the financial crisis will hurt both rich and poor countries. This comes at a time when budgets are especially tight due to the financial crisis.Pakistan Holds IMF at Bay (Wall Street Journal: 10/24/08)Even though the International Monetary Fund (IMF) is beginning to regain some of its clout by offering economic rescue packages to developing countries, these offers are not too good to be refused. Pakistan is pushing for financial assistance from rich countries and the World Bank before it considers the rescue package offered by the IMF.Read all the articles from this week (opens Google Reader)
