Category: International Trade

Marc Vander Maas
posted by on Tuesday, July 5, 2005

The worldwide Live 8 shows have come and gone, and are being hailed as perhaps the greatest collection of concerts ever. While moments like the introduction of Birhan Woldu or (to a lesser extent) the reunion of the estranged members of Pink Floyd certainly made for compelling television, only time will tell whether or not they will have a significant impact on Africa’s future.

Read more on Making Subsidies History?…

Marc Vander Maas
posted by on Tuesday, June 7, 2005
Making poverty history?

Much has been written in recent weeks about Live 8, a series of concerts that will take place on July 6 in London, Paris, Berlin, Rome and Philadelphia. The name refers not only to the original Live Aid concerts that took place in 1985, but is also a reference to the G8 meetings that will be taking place in Edinburgh, Scotland at the same time as the concerts. G8 organizers are planning for massive protests which have been urged on by concert organizer Sir Bob Geldof, who has called for one million people to show up in Edinburgh to call for increases in aid and trade reform for Africa.

Geldof’s goals are threefold: “By doubling aid, fully cancelling debt, and delivering trade justice for Africa, the G8 could change the future for millions of men, women and children.”

Yesterday, Geldof participated in a conference call with a number of bloggers spanning the political spectrum, all of whom came away impressed with his knowledge of and passion for the issue of African poverty. Most interesting to those of us concerned with free markets is the fact that Geldof is placing a heavy emphasis on trade as a potential solution to Africa’s problems.

As I noted in an earlier post, there is good reason to be skeptical of claims that increased government-to-government aid is the cure for what ails Africa, and Live 8, like many other well-intentioned efforts, suffers from too much emphasis on that same old "solution" that hasn’t worked in the past. But in the sense that Live 8 introduces a free-trade element into an advocacy mix that has, in the past, been totally leftist in outlook, it may be an event worth monitoring.

More blog reaction at Captain’s Quarters and The Indepundit.
Read more on Live 8: Saving Africa?…

Marc Vander Maas
posted by on Thursday, June 2, 2005
Bono: Heart in the right place, head not quite there yet

For those PowerBlog readers who don’t follow the world of rock and roll, the man in the photo on the left is Bono (aka Paul Hewson), the lead singer of the biggest rock and roll band in the world – U2. (I feel compelled to mention that I am Acton’s resident U2 Superfan: the proud owner of The Complete U2, regular attender of U2 concerts – I took that photo on May 7 in Chicago – and general aficionado of all things U2-related.)

What you may not have known about Bono is that he has become a relatively influential campaigner on behalf of Africa-related causes – primarily debt reduction, trade issues, and the AIDS crisis. It may surprise you that this rock star has managed to meet with and gain the respect of a wide range of politicians and world leaders, including Presidents George W. Bush and Bill Clinton, Senator Jesse Helms, Tony Blair, Vladimir Putin, Kofi Anan, and even Pope John Paul II (whom Bono referred to as "the first funky pontiff" after giving the Pope a pair of his trademark fly shades).

As a longtime follower of his career, I believe that Bono is totally sincere in his efforts, but sincerity and good intentions don’t always translate into good policy.

Bono’s latest efforts on behalf of Africa revolve around support for the One Campaign, an effort to raise US foriegn aid to Africa by 1%. The Campaign’s website states rather grandly that:

We believe that allocating an additional ONE percent of the U.S. budget toward providing basic needs like health, education, clean water and food, would transform the futures and hopes of an entire generation of the poorest countries.

On their current Vertigo tour of the US, U2 have been urging their fans to text message their names to the electronic One Campaign petition during concerts with the goal of obtaining a list of 1,000,000 supporters of increased foreign aid. It makes for compelling theater, and they’ve made significant headway toward their goal – almost 650,000 people have sent in their names – but will it really help?
Read more on Bono: Aid or Trade?…

Jordan J. Ballor
posted by on Wednesday, May 25, 2005

Emerging signs of renewed democratic action in Cuba prompted this Wall Street Journal editorial today (subscription required), which calls for the Organization of American States to "do far more to support Cuban democrats." Bringing external political pressure to bear on Cuba only represents part of the solution to human rights violations in Cuba.

Read more on Human Rights in Cuba…

Why do so many protestors in the anti-globalization movement seem to have such a big appetite for the products of companies such as Nokia, Seiko, Nissan, Volvo, Toshiba, and the like? Maybe it’s because, as Anthony Bradley writes, their paternalistic views about the poor and the developing world blind them to the reality of the global economy.

Read more on Global Goods for the Anti-Globalization Movement…

Jordan J. Ballor
posted by on Tuesday, April 26, 2005

S.T. Karnick at Signs of the Times passes along the words of Dr. Sean Gabb, an English Libertarian author, on the debate about fair trade, which is driven in large part by Christian groups (see Acton Commentaries here and here). Dr. Gabb contends, contrary to the claims of the ecumenical movement, that

Read more on Free and Fair Trade…

This exchange came yesterday via NPR’s Morning Edition, as Renພ Montagne interviewed Cardinal Roger Mahony, the archbishop of Los Angeles…

RENಞ MONTAGNE: Interesting, because of course, the notion of the vibrancy of the Church in the Southern Hemisphere. Just as an example, you were in Africa, what did you hear that mattered to them that might even surprise Americans?

CARDINAL MAHONY: Well, that their concerns are the impact of globalization, for example. International corporations headquartered in the United States purchase enormous billions of dollars worth of goods from basically slave markets. Their concern is how are we ever going to improve the standard of living if these multinational corporations are able to pay people a dollar a day or a dollar a week in order to produce goods that sell for huge amounts in the United States and other places. So they see the whole development of their countries based on a greater equality among nations.
Read more on ‘Slave Markets’ and Africa’s Development…

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