Written by Jamie Drummond, ONE’s Co-Founder. Firstly – apologies! Open letters like this can be self-important and irritating, but they can also be a helpful way of driving a set of specific questions upon disparate gatherings – like Davos or UNGA – with the hope of focussing debate and driving towards answers. And given the development sector’s been hit by “UNGA fever” again – here goes. A few years ago, many of us, across the public, private and non-profit sectors, worked together...
A recent article claims the current governments of Zambia and Ghana are struggling to balance the books and are borrowing money at reckless levels. While citizens there are rightly worried about public spending, the assertion that debt cancellation of the early 2000s was ‘no cure’ is not supported by evidence.