The sheer volume of financial resources flowing into and out of developing countries has exploded over the last two decades. To keep pace, international banking and financial standards have matured, requiring more sophistication in institutions that oversee economic systems. This month, I sat down with Andrew Spindler, President and Chief Executive Officer of Financial Services Volunteer Corps, to talk about the evolution of frontier markets in recent years. From combating corruption and money laundering to mobilizing domestic resources, Andrew shares insights about the major factors and trends that are shaping development finance in increasingly interdependent global markets.
More From the Blog
There is something about the promise of a new year – the idea that the new year can bring change for the better. Many of us working in global development choose this work because we believe we can make a positive difference in the world.
For 2019, we have decided to take a deeper look at issues that global development actors often shy away from discussing – the paradoxes and unintended consequences of global development. We’re calling this year’s theme the “darker side” of development, but my hope is that this season will shed light on issues we need to be thinking about as a development community, so that we can make our work more relevant and effective.
Since the term “impact investing” took hold more than a decade ago, we’ve known that making investments that create positive social or environmental impact and generate a financial return would require engagement from both the social and private sectors. However, it wasn’t until 2016 that the extent of the work of international nonprofits in impact investing was revealed, when members of the International Non-Governmental Organization (INGO) Impact Investing Network released their inaugural piece of thought leadership: Amplifyii:The INGO Value Proposition for Impact Investing. That report, featured in the NextBillion post Philanthropy is Changing Fast: 12 Lessons from Three Reports, was the first real landscape report charting the work of INGOs in impact investing. Two years later, the network came back together to release the next chapter of the story of INGOs in impact investing: Amplifyii: The Next Mile of Impact Investing for INGOs.
An Interview with
Yves Kavanagh, Associate Director of Operations and Logistics, West Africa and Middle East Regional Office, FHI 360
Since 2009, nearly 24.5 million people living in northeast Nigeria have been directly or indirectly affected by the Boko Haram conflict. Northeast Nigeria has more than two million internally displaced persons, with 1.4 million residing in Borno State alone. FHI 360’s Integrated Humanitarian Assistance to Northeast Nigeria (IHANN) project delivers primary and reproductive health care; gender-based violence protection; nutrition; and water, sanitation and hygiene interventions to meet the most immediate needs of this population.
When IHANN teams began work in 2017, health and medical supplies were not always available. Yves Kavanagh, Associate Director of Operations and Logistics for FHI 360’S West Africa and Middle East Regional Office, discusses the critical importance of logistics to an effective crisis response program.
This year, I dedicated my monthly podcast, A Deeper Look, to examining humanitarian crises and emergency response. I had the opportunity to talk with senior leaders, youth and seasoned humanitarians who offered multiple perspectives on how this issue impacts communities and people in such areas as gender, technology, food security and education.
Although the topics covered in our conversations varied widely, my guests were unified in their belief that the nature of humanitarian crises has changed over the years. We are seeing historic levels of people who are displaced by conflict for longer periods than in the past, and the number of natural disasters is increasing. We discussed how the changing characteristics of these crises are radically altering the way we do development. My guests and I also talked about some of the courageous, innovative responses that give us hope for the future.
This year, we’ve taken a deeper look at Humanitarian Crises and Emergency Response. In the final episode of the season, I speak with Ambassador Rick Barton, who is currently co-director of the Scholars in the Nation’s Service Initiative at Princeton’s Woodrow Wilson School and the author of a new book called Peace Works: America’s Unifying Role in a Turbulent World.
An Interview with
Bryanna Millis, Senior Technical Advisor, Economic Participation, FHI 360
For more than a decade, FHI 360’s experts have worked to address critical human development issues in Jordan. Our programs encourage long-term economic growth to increase revenue and create jobs, particularly for underserved communities. Bryanna Millis, the Technical Director for the USAID Jordan Local Enterprise Support (USAID LENS) project, explains FHI 360’s strategies to use evidence-based approaches not only to promote but also to sustain economic growth.
My first stop when I arrived in Nakasongola, Uganda, on a hot day in 2004 was the small hospital that served this rural district north of Kampala. I was paying a courtesy call to the District Medical Officer, Dr. Gerald Ssekito. He looked tired when I arrived, explaining that he and other hospital staff had not slept the night before. A pregnant woman had been brought in on the back of a motorbike in the middle of the night. She had delivered the first of her two twins the day before in her remote village, but continued laboring at home unable to birth the second. Finally, after 24 hours, her family put her on a motorbike for the long journey to the hospital, but she bled heavily and died on the way to the hospital.
This week, more than 3,700 participants will gather in Kigali, Rwanda, for the fifth International Conference on Family Planning (ICFP). What is at stake? The lives and well-being of an estimated 214 million women of reproductive age in developing countries who want to avoid or delay pregnancy but are not using an effective form of modern contraception.
Are we prepared for the next infectious disease outbreak?
In this episode of A Deeper Look, I speak with Dr. Jonathan Quick, Senior Fellow Emeritus at Management Sciences for Health and author of the new book, The End of Epidemics: The Looming Threat to Humanity and How to Stop It.
A leader in epidemic prevention and control, Jonathan talks about the diseases we should worry about the most and why, the success stories and lessons learned in responding to epidemic and pandemic outbreaks, and what we need to do to be prepared for the next outbreak.