The Howard Government, Australian aid and the consequences (2006)

In 1997 the Howard Government gave Australia’s foreign aid program a ‘poverty reduction’ focus with a ‘national interest’ link, later developing ‘good governance’ as the principal program theme. This anticipated the IMF and World Bank’s 1999 abandoning of ‘structural adjustment’ in favour of ‘poverty reduction’ programs, and build on National Competition Policy established by the previous Labor Government. Most aid moneys are now contracted to private Australia (and New Zealand) based companies, and the total aid budget has grown considerably. Continue reading “The Howard Government, Australian aid and the consequences (2006)”

Independent structural adjustment: Cuban and neoliberal models compared (2003)

This article considers the capacity of small island and independent nation-states to recover from serious external economic crises by looking at the case of Cuba in the 1990s and comparing Cuban adjustment with adjustment in Thailand under an essentially IMF-controlled plan in 1997. Cuba had to restructure its socialist economy in the wake of the collapse of its trading relationship with the old Soviet Union and other Council for Mutual Economic Assistance countries. Continue reading “Independent structural adjustment: Cuban and neoliberal models compared (2003)”