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Despite there being more young people in the world today than ever before, they are excluded from decision-making and are the most vulnerable to economic crises, says a new Oxfam report.

The World Bank and International Monetary Fund need to ditch the ‘trickle down’ economics of the past and lead the fight against inequality if they are serious about the new target to end extreme poverty by 2030.

After decades of underinvestment, governments in Africa are turning to partnerships with donor aid agencies and large companies or investors to develop the agriculture sector. But this so-called ‘mega’ public-private partnerships are unproven, risky and represent a dubious use of public funds to fight poverty and food insecurity. 

The leadership of a handful of countries is masking the failure of the majority to deliver on their overseas aid promises, said Oxfam today in response to the publication of new figures for overseas aid spending by the Organisation for Economic Co-operation and Development (OECD).  “While total cash flows have plateaued, overseas aid has, yet again, fallen in real terms over the last year and less of this money is finding its way to the poorest and most vulnerable…

Robert Zoellick / the food crisis: Oxfam spokesperson Luc Lamprière said: 

In 2005 the International Monetary Fund (IMF) introduced the Policy Support Instrument (PSI).

In reaction to remarks today by new World Bank President Jim Yong Kim at the International AIDS Conference in Washington, DC, Oxfam spokesper

The UN Conference on the World Financial and Economic Crisis and Its Impact on Development was a missed opportunity to address the needs of poor countries, Oxfam said today.

Oxfam said it is vital that governments return to the negotiating table before the new agreement takes effect from 2020 to strengthen pledges of emissions cuts and agree to new finance levels. 

International agency Oxfam today called for a radical shake up of the Food Aid Convention, being negotiated in London this week (week of 28 February), to ensure the burgeoning number of hungry people in the world get the predictable, timely and appropriate aid they need.