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From Poverty to Power Green, Oxfam 2008 - weman

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NOTES139 Author interview, December 2007.140 G. Gereffi and D.L. Wyman (1990) and (2001); and Taiwanese governmentwebsite, Ministry of Economic Affairs,www.moeasmea.gov.tw/np.asp?ctNode=260&mp=2141 J. Clay (2005).142 World Bank (2007) Global Development Finance 2007. In 2004–05,62 developing countries carried out 400 privatisations, worth $90bn.See World Bank (undated).143 World Bank (2007) Global Development Finance 2007; UNDP (2007)Human Development Report 2007/ <strong>2008</strong>.144 UNCTAD (2006) World Investment Report 2006.145 A. Goldstein (2005).146 http://news.bbc.co.uk/2/hi/africa/3694043.stm147 World Bank (2005) ‘FDI Trends’.148 http://news.bbc.co.uk/2/hi/business/7180396.stm149 OECD (2006) ‘Developing Country Multinationals’.150 D. Brown (2007).151 S. Hart (2005).152 A.A. Picard (2001).153 B.S. Javorcik (2004).154 World Bank (2007) Global Development Finance 2007.155 UNCTAD (2005) World Investment Report 2005.156 J. Brigmann and C.K. Prahalad (2007).157 J. Clay (2005) op. cit.158 Author interview, Martin Kalungu-Banda, 2007.159 Figures for 2003, from UNDP (2005) Human Development Report 2005.160 UNDP (2006) ‘China, Country Programme Document 2006–10’.161 Commission on Growth and Development (<strong>2008</strong>).162 Estimates of the proportion of poverty reduction accounted for by economicgrowth vary widely: see, for example, A. Kraay (2006).163 M. Ravallion (2004).164 S. Wiggins, with K. Higgins (<strong>2008</strong>).165 www.growthcommission.org166 Michael Spence, chair of Commission on Growth and Development, personalcommunication, January <strong>2008</strong>.167 J. Schumpeter (1975).168 GDP measured at purchasing power parity, at 1993 prices. Calculations are byNew Economics Foundation (2006) ‘Growth Isn’t Working’.169 R. Layard (2005).170 This pattern emerges when countries are weighted by population. For anunweighted distribution, the finding is slightly different: at any given income,there is a range of reported levels of life satisfaction, with both ‘content’ and‘uncontented’ countries, but as income rises, the dispersion decreases andcountries converge on a higher level of life satisfaction. Source: NewEconomics Foundation, personal communication.171 New Economics Foundation (2007).455

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