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Development

What's Happening? - Ethical Development Goals
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Halcyon Impacts 24 February 2017

In spite of spectacular strides in science and technology, and still unlimited ones to come, something basic is missing. There is a sort of poverty of the spirit which stands in glaring contrast to our scientific and technological abundance. The richer we have become materially, the poorer we have become morally and spiritually. We have learned to fly the air like birds and swim the sea like fish, but we have not learned the simple art of living together as brothers - Martin Luther King

This evolving paper will examine the overall Ethical Development Goals (EDGs) that Halcyon is developing to complement the UN Sustainable Development Goals (SDGs).

 

INTRODUCTION

What Happened? - Africa

Customer
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Please see below selected pre-2016 intelligence about Africa. This is a synthesis of major recent developments at corporates, business schools, thinktanks, media, commentators, and other key influencers.

 

2016

  • The “Africa Rising” narrative gained momentum around 2010. As is the way with these things, it arrived about a decade late - and just as things were about to go pear-shaped. Investors, hungry for yield, alighted on the only continent where living standards had not yet visibly begun to converge on those in the west. Their bet was that Africa had turned a corner. Were they wrong? These days, the mood has darkened. Nigeria and South Africa, which account for half of sub-Saharan Africa’s gross domestic product, are at or close to recession. Nigeria has squandered its oil boom. Long-sluggish South Africa has failed to meet the pent-up expectations of its black majority. The hopes of other resource-rich countries — including Angola, Mozambique and Zambia — have faded along with commodity prices. A flawed election in Uganda, plus a cavalcade of leaders clinging grimly on to power, from Zimbabwe to Burundi, undermine the idea that governance is on the mend. Those who helped change the Africa narrative, however, are sticking to the script. Among the true believers is the consultancy McKinsey, whose 2010 “Lions on the Move” report did much to feed the original story. This week it published a follow-up . Call it “Africa Rising: The Sequel”.

 

 

December 2015

 

 

 

 

 

On Development

Customer
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To Oxford Martin School to see Ian Goldin, former Vice President of the World Bank and former economic advisor to Nelson Mandela.

Goldin believes development is the no.1 issue facing humanity - why do some societies and some individuals develop, get richer, get rights etc....while others don't? Why is GDP so pre-dominant, meaning that destructive practices (e.g. environmental harm) are counted as economic acticity - in short, "why are the bads of economies counted as goods?"

Goldin traced the trajectory of development over recent decades. Dependency theory led to uneven development which countries tried to address through import substitution, but countries are generally not very good at state-controlled production and then the oil price rises of the 1970s led to a vicious cycle of debts and bail-outs.

To be continued...

On introducing the SDGs

Customer

The Sustainable Development Goals (SDGs) are a proposed set of global targets adopted by governments that business can help achieve. There are currently 17 goals (see below) with 169 indicators to help define progress. Driven by the UN adopting an 'inclusive and transparent intergovernmental process open to all stakeholders' the SDGs launch in September 2015 at the UN Summit. They're going to replace the Millennium Development Goals (MDGs) which were good, but fell short, because they were focused on poverty alleviation in the developing world, whereas the SDGs are globally applicable and integrate economic, social and environmental aspects. Expectations are high for the SDGs.