Posts tagged with: world bank

Private schools are for the privileged and those willing to pay high costs for education; everyone else attends public school or seeks alternate options: this is the accepted wisdom. In the United States, the vast majority of students at the primary and secondary level attend public school, funded by the government.

When considering education in the developing world, we may hold fast to this thinking, believing that for those in severely impoverished areas, private education is an unrealistic and scarce option, leaving the poor with public school or no education at all.

Indeed, this was the opinion held by James Tooley, a Professor of Education Policy at Newcastle University, until he experienced the landscape firsthand, traveling throughout the developing world, conducting research on educational systems in poor and prosperous areas, documenting numerous case studies, and reporting findings that prove the prevalence of low-cost private schools in poor areas.

In an Education Next article, Tooley discusses his observations and unmasks two common myths associated with education for the poor.

Myth #1: Private Education for the Poor Does Not Exist

We sometimes treat “the poor” as if they were somehow uniquely incapable of rising out of poverty without our assistance. We often assume, if we don’t provide them with everything they need, including education, that no one will. Yet if we look closely (and with a bit more humility), we see indigenous solutions everywhere. Read more on Free primary education is a fundamental good. Isn’t it?…

photo courtesy of Foreign Policy

“We don’t just want the money to come to Haiti. Stop sending money. Let’s fix it. Let’s fix it,” declared Republic of Haiti President Michel Martelly three years after the 2010 earthquake. Martelly was referring to foreign aid, $9 billion of which has been pledged to the country since the disaster. But financial aid has of course not been the only item sent to Haiti; the country has experienced a vast influx of goods, including clothing, shoes, food, and in particular, rice. Haiti imports approximately 80% of its rice, making it the country’s most significant food import.

Considering Haiti was self-sufficient in rice production in the 1970s, this should come as an alarming statistic. Along with rice, production of goods in around 200 companies enabled Haiti, at one time, to be a recognized exporter and experience moderate levels of prosperity. In her Foreign Policy article, “Subsidizing Starvation,” Maura R. O’Connor cites U.S. Ambassador to Haiti from 1981 to 1983, Ernest Preeg:

“Haiti was just as far along as anyone else,” said Preeg. “People came to Port-au-Prince to get jobs because it was a burgeoning export economy.” Preeg wrote an article in 1984 in which he echoed the view of many others that Haiti could be the “Taiwan of the Caribbean.”

But starting in the early 90s, these industries crumbled, as international trade embargos — prompted by a military coup against President Jean-Bertrand Aristide — were implemented and foreign imports began to flood the Haitian market. Read more on Beyond Aid: The Flood of Rice in Haiti…

John Couretas
posted by on Monday, November 12, 2012

Writing on The Corner over at National Review Online, Acton Research Director Samuel Gregg points to the election and, refreshingly, tells us that, “I’m not one of those who, in recent days, have seemed inclined to indulge their inner curmudgeon, apparently convinced that it’s more or less game-over for America and we’re doomed to Euro-serfdom.”

Read more on Samuel Gregg: Are We All Europeans Now?…

In The American Spectator, Acton Institute’s Michael Matheson Miller throws his hat into the ring as he launches a tongue-in-cheek candidacy for World Bank president, but also raises serious questions about the institution’s poverty fighting programs. Miller is a research fellow at Acton, where he directs PovertyCure, an initiative that promotes enterprise solutions to poverty. Jeffrey Sachs — are you listening?

Read more on Miller: Here I Come to Save the World Bank…

On The American Spectator, Acton Research Director Samuel Gregg observes that, “as evidence for the European social model’s severe dysfunctionality continues to mount before our eyes, the American left is acutely aware how much it discredits its decades-old effort to take America down the same economic path.” Against this evidence, some liberals are pinning the blame on passing fiscal and currency imbalances. No, Gregg says, there’s “something even more fundamental” behind the meltdown of the post-war West European social model. (Thanks to RealClearWorld for linking).

Read more on Samuel Gregg: The American Left’s European Nightmare…

Last summer, Acton’s PovertyCure team traveled to Ghana to meet with its economists and entrepreneurs — the men and women who are helping the country develop. It just so happens that they also met briefly with Peter Cardinal Turkson, president of the Vatican’s Pontifical Council for Peace and Justice and co-author of the note released yesterday that has stirred up a global controversy.

Read more on ‘Central World Bank’ Would Hurt Cardinal Turkson’s Native Ghana…

Samuel Gregg is quoted in today’s New York Times story about the Vatican note calling for a central world bank — he gives the final word on the document. The “politically liberal Catholics” quoted before him reveal that they have missed a crucial distinction in the document produced by the Pontifical Council for Peace and Justice. Gregg, of course has picked up on that distinction; he wrote yesterday:

Read more on Vatican’s Call for Central World Bank: What the Left Misses…

Jordan J. Ballor
posted by on Friday, May 20, 2011

Over at the Comment site, I review Dambisa Moyo’s How the West was Lost: Fifty Years of Economic Folly—and the Stark Choices Ahead. In “War of the Worldviews,” I note that the strongest elements of Moyo’s work are related to her analysis of the causes and the trends of global economic power. “Faced with the combined might of the Rest,” writes Moyo, “the West is forced to grapple with a relentless onslaught of challengers from all corners of the globe. And all these countries are growing in confidence, gaining in competence, and jockeying for a frontline position in the world’s economic race.”

Read more on The West and the Rest…

Louie Glinzak
posted by on Thursday, March 31, 2011

To provide water for people, communities have usually turned to  two different options: public or private utilities. However, if Bolivian President Evo Morales, leader of the Movement Towards Socialism Party, gets his way, the United Nations will pass a resolution blocking the sale of public water utilities to private companies. If adopted, this resolution will cause problems for many nations, especially the undeveloped countries receiving support from the U.N. that will be forced to abide by one option—public supply of water—instead of being permitted to consider privatization which may be more efficient and cost effective.  The makes the global water crisis much worse.

Read more on The Case for Water Privatization…

John Couretas
posted by on Thursday, July 15, 2010

Also this week in Acton Commentary, Acton Research Director Samuel Gregg observes that “Europe’s declining birth-rate may also reflect a change in intellectual horizons.”

Europe’s Choice: Populate or Perish

Read more on Europe’s Choice: Populate or Perish…

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