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This blog offers you comments on recent events written by members of D+C’s editorial team. You’ll find one or two posts per week. The guiding question is whether something is good or bad for global development.

by Hans Dembowski

Argentina, financial turmoil and the AIIB

Once again, Argentina is in trouble. The central bank raised interest rates to 40 % last week. Steps like that indicate desperation. The goal was to stop the outflow of foreign capital. For several reasons, international investors were getting uncomfortable after having appreciated Argentinian policymaking for quite some time. Indeed, Argentina was one of their favourite countries last year, so speculative capital was flowing there.
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by Hans Dembowski

Straight talk on economics

I am currently reading Dani Roderik’s latest book “Straight talk on trade”, and I much appreciate what he writes. The Turkish-born economist and Ivy League professor spells out things that sociologists and political scientists understand all too well, but that tend to be disregarded by policymakers.
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by Hans Dembowski

Modi should focus on hate crimes, not capital punishment

India’s government has decreed that rapists who abuse young girls be sentenced to death. It wants Parliament to pass a law accordingly. This supposedly tough stance is meant to show that Prime Minister Narendra Modi is serious about fighting sexualised violence. He is not. If he were, he would be taking measures to reduce hate crimes and improve law enforcement. The talk of capital punishment is a distraction from the real issues.
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by Hans Dembowski

Why it would make sense to pardon Lula

Lula da Silva, Brazil's former president, has surrendered to the police and has begun to serve a 12 year prison sentence. He managed to turn the surrender into a demonstration of strength because he was accompanied by a rally of supporters who cheered him. The centre-left politician told them he would run for president from his prison cell. Elections will be held in October. An appeal to a higher court may yet result in Lula being found innocent and allowed to be a candidate.
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by Hans Dembowski

How to stem the tide of disinformation

The European Commission worries about elections being manipulated by disinformation campaigns. It wants to protect member countries’ democracies and must also ensure, elections for the European Parliament next year will be free an fair. It plans to adopt a policy on the matter soon.
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