Upon learning that the peasants had no bread to eat Marie Antoinette declared
“let them eat cake (brioche)”
This anecdote came to mind as we learnt that the House of Lords economic affairs committee
believes the government’s commitment to spend 0.7% of gross national income (GNI) on aid is inappropriate and should be reconsidered… launching the aid/blog/twitter-verse into action and spawning the #powerofpoint7.
This again, points to a back dated view of aid and development, one that many are trying to reverse . Meanwhile, the BRIC countries are reshaping the world in their image. And particuarly the global health world.
A new rise of South-South cooperation seems to be the new way forward. India is making drugs that are not only helping its citizens, but others across the developing world. Thereby, ensuring their own economic develoment. Ais simply viewed through a vested self- interest and economic point of view is liable to get you left behind. It is mainly through their global health efforts that the BRICS are forging forward. Not to mention a recent increase in scientific publishing.
A new report from Global Health Strategies, entitled Shifting Paradigm: How the BRICS are Reshaping Global Health and Development,
was released in the lead-up to the 4th BRICS Summit in New Delhi, taking an in-depth look at the increasingly important roles Brazil, Russia, India, China and South Africa are playing to advance health and development in the world’s poorest countries.
Brazil, Russia, India, China and South Africa are injecting new resources, momentum and innovation into efforts to improve health in the world’s poorest countries. Coming as many traditional donors reduce or slow their spending, the report explores the expanding influence of the BRICS on global health and development.
While all five countries have been engaged in foreign assistance for decades, the report finds that the size and scope of their efforts have grown rapidly along with their economies. Although G7 donors still provide far more total assistance, the report estimates that the average annual growth in the BRICS’ foreign assistance spending between 2005 and 2010 was more than ten times higher than that of the G7.
Cake for thought.