UN Week Blogging

Posted: October 8th, 2012 | Author: | Filed under: Economics, Foreign Policy, South Asia | Tags: , , , , , , , , , , , | No Comments »

Belatedly, taking note of two blog posts I’ve written for Forbes recently based on events I attended during UN Week.

1. The UN hosted an event on energy access and sustainability that was notable because it tried to bridge the gap between environmental activism and anti-poverty work.

Energy access is a critical prerequisite to poverty reduction, necessary for everything from heating homes to delivering public services to powering the businesses that create jobs.

Emerging powers sometimes paint these economic imperatives as incompatible with the fight against climate change. They see emissions caps as an unfair restriction on their economic advancement. But they’re wrong.

The IEA’s most recent World Energy Outlookconcluded (see p. 488) that achieving universal electricity access by 2030 would result in only a 2% increase in global emissions. That’s because the 1.3 billion people living without electricity today live in the world’s poorest countries. And poor countries that do have universal electricity today draw far less power, on a per-capita basis, than rich ones.

Of course, the ultimate aim of expanding energy access is to spur economic growth and allow poor countries to become richer. But even with dramatic economic growth, these countries won’t be approaching the kilowatt-hours consumed in the developed world until long after 2030. And by that time, we could and should have viable, affordable carbon-neutral energy systems in place.

Read the rest here.

2. The Concordia Summit held a panel discussion on women in Afghanistan that was notable because it highlighted the role the U.S. government has played in helping Afghan women achieve economic and political freedom, just days before U.S. government officials began telling the press that the U.S. won’t have much role in the postwar peace.

But the most important, and least frequently discussed danger (it gets no mention in the Timesstory) is the fate of Afghan women. One of the few goods to have come of the ISAF presence in Afghanistan is an Afghan constitution that gives women equal legal status to men (Article 22), the right to go to school (Articles 43 and 44), access jobs (Article 48) and hold political office (Article 84). Not only would a postwar government with Taliban members reverse such gains, but many woman who have made social, political and economic gains in the last decade would be in danger of suffering violent retribution and shaming from the men in their communities.

Read it all here.

I’ll be discussing what NATO withdrawal means for Afghan women on HuffPost Live today at 10:30AM Eastern. You can watch it here.


In India, Size Does Matter

Posted: December 11th, 2010 | Author: | Filed under: Business, South Asia | Tags: , , , , , , , , , | No Comments »

More ambiguous, waffly writing at Foreign Exchange. Promise to write something rich and conclusive this coming week. But for now, a slightly different take on the Indian microfinance mess:

First, a brief summary of the situation: In October, the government of Andhra Pradesh (AP), a state in the south of the country and home to A. all those call centers B. 30% of the country’s microloan industry, decided to blame microfinance institutions (MFIs) for a series of debtors’ suicides. [The relationship between poverty and suicide is not a new political subject in India: the left-wing newspaper The Hindu has made a business of chronicling in harrowing and tragic detail the suicides of bankrupt farmers in the last few years.] The suicides pointed to a growing trend, in AP and elsewhere, of over-indebted borrowers, many of whom had loans from multiple sources, a sign of the intense pressure that these mega-lenders put on loan officers to grow their portfolios. As others have noted, the ban also reflected the fact that the government oversees its own lending scheme, the Self-Help Groups (SHGs), and that the suicides presented a great opportunity to shut down competitors.

But the ‘pox on both their houses’ critique that has emerged from these facts is not helpful, not least because it doesn’t engage particular closely with what either MFIs or SHGs actually do.

Rather it seems to me that the whole sector got into trouble because it was insufficiently localized. As practiced in India, both the MFI and the SHG model have neglected the key piece that made microlending in Bangladesh work so well.

More here.