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Agrégateur de flux

The oil shock and the new political economy of development cooperation

The 2026 US–Israel–Iran war and the closure of the Strait of Hormuz have triggered one of the largest oil supply disruptions in modern history. Brent crude prices rose sharply, producing a major external shock for oil-importing developing economies at a moment when the international development system was already under severe strain. Petrochemical products shipped through the strait are also vital for agriculture, medicine and industry. The largest contraction on record of official development assistance (ODA) had already been recorded in 2025, while geopolitical tensions and rising defence expenditures are reshaping ODA spending priorities and development policy directions.
This brief examines how the oil shock will impact development cooperation. The significance of the oil shock lies not only in the price increase itself but also in its timing, and it arrives amid an ongoing reconfiguration of development cooperation. The analysis is organised around two postulates that underpin the post–Cold War development architecture. The first is the existence of states in the Global South with sufficient authority and developmental aspirations and capacity to pursue broad-based development goals. The second is the existence of donor countries willing and able to support those states’ aspirations.
The oil shock weakens both postulates through different mechanisms. For many oil-importing developing countries, rising fuel, food and transport costs intensify fiscal stress, debt vulnerabilities and pressures on state capacity. Fragile states without strategic importance are especially exposed. At the same time, donor countries face mounting pressures
from fiscal tightening, defence spending, domestic cost-of-living politics and growing scepticism towards multilateralism. These dynamics risk reinforcing one another in the sense that weakening state capacity can intensify instability, while rising instability may further reduce political support for development co-operation in donor countries.
The brief argues that alternative financing sources such as Gulf finance, South–South cooperation and climate finance are unlikely to compensate for the scale of OECD donors’ retrenchment. The likely result is a more fragmented, transactional and geographically selective development cooperation system, in which the countries most in need are increasingly among the least likely to receive sustained support unless they hold geopolitical importance.
Three policy implications follow from the war. First, the multilateral development financing architecture requires urgent bolstering. Instruments such as the World Bank’s International Development Association and the IMF’s Poverty Reduction and Growth Trust face growing pressure precisely as low-income countries (LICs) confront simultaneous food, fuel, debt and financing shocks. Second, the increasing concentration of concessional finance to strategically prioritised states should not be treated as inevitable. Fragile states risk declining concessional finance and multilateral reach despite acute humanitarian need. Third, European donors must decide whether development cooperation remains anchored in poverty reduction or becomes subordinated to defence, migration and geopolitical priorities.

Professor Andy Sumner is a professor of International Development at King’s College London and President of the European Association of Development Research and Training Institutes.

The oil shock and the new political economy of development cooperation

The 2026 US–Israel–Iran war and the closure of the Strait of Hormuz have triggered one of the largest oil supply disruptions in modern history. Brent crude prices rose sharply, producing a major external shock for oil-importing developing economies at a moment when the international development system was already under severe strain. Petrochemical products shipped through the strait are also vital for agriculture, medicine and industry. The largest contraction on record of official development assistance (ODA) had already been recorded in 2025, while geopolitical tensions and rising defence expenditures are reshaping ODA spending priorities and development policy directions.
This brief examines how the oil shock will impact development cooperation. The significance of the oil shock lies not only in the price increase itself but also in its timing, and it arrives amid an ongoing reconfiguration of development cooperation. The analysis is organised around two postulates that underpin the post–Cold War development architecture. The first is the existence of states in the Global South with sufficient authority and developmental aspirations and capacity to pursue broad-based development goals. The second is the existence of donor countries willing and able to support those states’ aspirations.
The oil shock weakens both postulates through different mechanisms. For many oil-importing developing countries, rising fuel, food and transport costs intensify fiscal stress, debt vulnerabilities and pressures on state capacity. Fragile states without strategic importance are especially exposed. At the same time, donor countries face mounting pressures
from fiscal tightening, defence spending, domestic cost-of-living politics and growing scepticism towards multilateralism. These dynamics risk reinforcing one another in the sense that weakening state capacity can intensify instability, while rising instability may further reduce political support for development co-operation in donor countries.
The brief argues that alternative financing sources such as Gulf finance, South–South cooperation and climate finance are unlikely to compensate for the scale of OECD donors’ retrenchment. The likely result is a more fragmented, transactional and geographically selective development cooperation system, in which the countries most in need are increasingly among the least likely to receive sustained support unless they hold geopolitical importance.
Three policy implications follow from the war. First, the multilateral development financing architecture requires urgent bolstering. Instruments such as the World Bank’s International Development Association and the IMF’s Poverty Reduction and Growth Trust face growing pressure precisely as low-income countries (LICs) confront simultaneous food, fuel, debt and financing shocks. Second, the increasing concentration of concessional finance to strategically prioritised states should not be treated as inevitable. Fragile states risk declining concessional finance and multilateral reach despite acute humanitarian need. Third, European donors must decide whether development cooperation remains anchored in poverty reduction or becomes subordinated to defence, migration and geopolitical priorities.

Professor Andy Sumner is a professor of International Development at King’s College London and President of the European Association of Development Research and Training Institutes.

The oil shock and the new political economy of development cooperation

The 2026 US–Israel–Iran war and the closure of the Strait of Hormuz have triggered one of the largest oil supply disruptions in modern history. Brent crude prices rose sharply, producing a major external shock for oil-importing developing economies at a moment when the international development system was already under severe strain. Petrochemical products shipped through the strait are also vital for agriculture, medicine and industry. The largest contraction on record of official development assistance (ODA) had already been recorded in 2025, while geopolitical tensions and rising defence expenditures are reshaping ODA spending priorities and development policy directions.
This brief examines how the oil shock will impact development cooperation. The significance of the oil shock lies not only in the price increase itself but also in its timing, and it arrives amid an ongoing reconfiguration of development cooperation. The analysis is organised around two postulates that underpin the post–Cold War development architecture. The first is the existence of states in the Global South with sufficient authority and developmental aspirations and capacity to pursue broad-based development goals. The second is the existence of donor countries willing and able to support those states’ aspirations.
The oil shock weakens both postulates through different mechanisms. For many oil-importing developing countries, rising fuel, food and transport costs intensify fiscal stress, debt vulnerabilities and pressures on state capacity. Fragile states without strategic importance are especially exposed. At the same time, donor countries face mounting pressures
from fiscal tightening, defence spending, domestic cost-of-living politics and growing scepticism towards multilateralism. These dynamics risk reinforcing one another in the sense that weakening state capacity can intensify instability, while rising instability may further reduce political support for development co-operation in donor countries.
The brief argues that alternative financing sources such as Gulf finance, South–South cooperation and climate finance are unlikely to compensate for the scale of OECD donors’ retrenchment. The likely result is a more fragmented, transactional and geographically selective development cooperation system, in which the countries most in need are increasingly among the least likely to receive sustained support unless they hold geopolitical importance.
Three policy implications follow from the war. First, the multilateral development financing architecture requires urgent bolstering. Instruments such as the World Bank’s International Development Association and the IMF’s Poverty Reduction and Growth Trust face growing pressure precisely as low-income countries (LICs) confront simultaneous food, fuel, debt and financing shocks. Second, the increasing concentration of concessional finance to strategically prioritised states should not be treated as inevitable. Fragile states risk declining concessional finance and multilateral reach despite acute humanitarian need. Third, European donors must decide whether development cooperation remains anchored in poverty reduction or becomes subordinated to defence, migration and geopolitical priorities.

Professor Andy Sumner is a professor of International Development at King’s College London and President of the European Association of Development Research and Training Institutes.

Deutschland schlägt zurück: Was hinter Dobrindts "Hackbacks" steckt

SWP - ven, 29/05/2026 - 11:03
Cyberangriffe bedrohen Deutschlands Wirtschaft und Verwaltung zunehmend. Innenminister Dobrindt plant ein härteres Vorgehen: Er will notfalls auch die Infrastruktur von Angreifern zerstören lassen. Doch daran gibt es auch Kritik.

Are China and Pakistan Rebranding CPEC Through B2B Conferences?

TheDiplomat - ven, 29/05/2026 - 10:49
Unlike Chinese investments in the past, which were state-backed and focused on infrastructure, the B2B model is more commercial and a business-driven partnership.

Indonesia’s Aceh Province Continues Caning as a Form of Punishment

TheDiplomat - ven, 29/05/2026 - 10:20
But the ultra-conservative Indonesian province is not the only place in Southeast Asia where the punishment is used.

US-Israeli Ceasefire: You Cease, We Fire

Africa - INTER PRESS SERVICE - ven, 29/05/2026 - 10:10

As Gaza’s fragile ceasefire frays and humanitarian conditions deteriorate, a senior UN envoy warned the Security Council last week that delays in implementing the Council-backed transition plan for the enclave will only increase suffering and undermine recovery. Credit: UN News

By James E. Jennings
ATLANTA, USA, May 29 2026 (IPS)

If you have been paying attention to the ongoing wars in Ukraine, Iran, Lebanon, and many other places, perhaps you have noticed that battles today are far different from those of the last century. Now it’s not only tanks and planes but also scores of long-range missiles and massive flights of drones linked to cybernetic warfare.

The tragedy of military and civilian deaths continues, however, with the number of casualties among Russian soldiers in Ukraine reportedly reaching an astonishing 25,000 every month. As always in warfare, civilians are unfairly targeted and suffer the most, with senseless random missile and drone attacks killing innocent people on both sides with regularity.

Professed lovers of peace, like US President Trump and Israel’s Mr. Netanyahu, both of whom have agreed to brokered ceasefire agreements in Gaza and in Lebanon, continue to bomb the other side with impunity. For the most part they are getting away with it, without protests from anybody except a few ineffective agencies and lonely voices.

That is indeed a new, inventive way of war: the combatants agree to a ceasefire, and then one side keeps bombing but insists that the other stop because of the agreed ceasefire. Under such circumstances, all a ceasefire really means is “Your side must stop firing—but we’ll fire at will.”

Such nonsense is a game of meaningless words with no resolution in sight. The increasingly Nazified Likud Party in Israel continues to bomb cities, villages, and individual homes and apartment buildings in Lebanon as if it were licensed to do so, with little effective pushback from the world community.

That is perhaps to be expected since the world has largely stood by silently for almost four years during the certifiable genocide in Gaza. And by now more than 1.2 million people have been driven out of their homes in South Lebanon into a life of desperation and uncertainty.

The efficient US-backed Israeli killing machine in Lebanon has continued to smash residential buildings with impunity and pile up an obscene list of civilians murdered—innocent mothers, fathers, grandparents, and many children.

In Gaza, Palestinian sources have recorded more than 2,000 Israeli violations of the so-called “ceasefire” between October 2025 and March 2026, with a total of over 700 Palestinians killed.

Only a temporary hold from the United States has kept Israel from continuing to bomb Iran. Israel refuses to listen to any restrictions on bombing Lebanon even though there is supposedly a ceasefire in effect.

Deaths there since the short April 17 “ceasefire” continue to escalate day by day. In Iran, both Israel and the US have promised to keep obliterating what was long ago announced as already obliterated.

The number of Iranians killed and wounded in the first three months of the joint US-Israeli aggression has been announced by the Tehran government as in the tens of thousands, and the war is not over yet. Most memorable is the massacre of 120 schoolchildren, mainly girls, on the first day of US bombing at Minab, Iran. Casualties so far on the US side number 13 killed and several dozens wounded. That’s the definition of one-sided warfare.

Modern wars may puzzle observers, but the art of twisting words and phrases and their associated meanings is as old as time. Lying, obfuscation, and obscene claims are the essence of war’s primary weapon, deception. Words can kill and do. “Ceasefire” is the latest lie. For Israel and the US, it means “You cease—we fire.”

James E. Jennings is the Founder and President of the aid agency Conscience International www.conscienceinternational.org and a longtime Middle East Peace Advocate.

IPS UN Bureau

 


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Catégories: Africa, European Union

When UN Elections Were Once Tainted by Trade-Offs, Cheque Book Diplomacy & Luxury Cruises…

Africa - INTER PRESS SERVICE - ven, 29/05/2026 - 10:06

Voting by secret ballot. Credit: United Nations

By Thalif Deen
UNITED NATIONS, May 29 2026 (IPS)

The year 2026 seems to be an eventful year at the United Nations –a new President of the General Assembly (PGA), who will officially preside over the 81st session in mid-September, plus the election and appointment of a new Secretary-General (SG) who will takeover in January 2027 after the conclusion of a 10-year tenure by the outgoing SG Antonio Guterres.

When UN member states competed in elections– or sought votes for membership in the Security Council or in various UN bodies– the voting in the 1960s and 70s was largely tainted by cheque-book diplomacy — while promises of increased aid to the world’s poorer nations came mostly with heavy strings attached.

In the 1950s and 60s, voting was by a show of hands, particularly in committee rooms. But in later years, a more sophisticated electronic board, high up in the General Assembly Hall, tallied the votes or in the case of elections to the Security Council or the International Court of Justice, the voting was by secret ballot.

In one of the hard-fought elections many moons ago, there were rumors that an oil-soaked Middle Eastern country was doling out high-end, Swiss-made wrist watches and also stocks in the former Arabian-American Oil Company, then one of the world’s largest oil companies, to UN diplomats as a trade-off for their votes.

So, when hands, both from right-handed and left-handed delegates, went up at voting time in the Committee room, the largest number of hands raised in favor of the oil-blessed candidate sported Swiss watches.

As anecdotes go, it symbolized the corruption that once prevailed in voting in inter-governmental organizations, including the United Nations — perhaps much like most national elections the world over.

Just ahead of a crucial election, one Western European country offered free Mediterranean luxury cruises in return for votes while another country dished out — openly in the General Assembly hall— boxes of gift-wrapped expensive Swiss chocolates.

Fathulla Jameel, a former UN Ambassador and later Foreign Minister of the Maldives told Inter Press Service of how his resource-poor island nation, categorized by the UN as a Small Island Developing State (SID), would appeal to richer nations to help fund some of country’s infrastructure projects.

At least one rich Asian country, a traditional donor, was the first to respond – and magnanimously too, he said. The project would be fully funded —free, gratis and for nothing. But there was a catch: “If there is a vote at the UN, and it is not of any national interest to your country”, said the donor country’s foreign ministry, “we would like to get your vote.”

Perhaps for life – the life of the island nation itself which was threatened with sea-level rise and in danger of being wiped off the face of the earth. The offer was a clever political payback. Development aid with no visible strings attached.

There was at least one instance when the president of the General Assembly, the highest policy making body at the United Nations, was elected, on the luck of a draw -– following a dead heat.

With the Asian group failing to field a single candidate, the politically-memorable battle took place ahead of the 36th session of the General Assembly back in 1981 when three Asian candidates contested the presidency: Ismat Kittani of Iraq, Tommy Koh of Singapore and Kwaja Mohammed Kaiser of Bangladesh (described as the “battle of three Ks”—Kittani, Koh and Kaiser).

On the first ballot, Kittani got 64 votes; Kaiser, 46; and Koh, 40. Still, Kittani was short of a required majority — of the total number of members voting. On a second ballot, Kittani and Kaiser tied with 73 votes each (with 146 members present, and voting).

In order to break the tie, the outgoing General Assembly President drew lots, as specified in Article 21 relating to the procedures in the election of the president (and as recorded in the Repertory of Practice of the General Assembly).

And the luck of the draw, based purely on chance, favored Kittani, in that unprecedented General Assembly election. But according to a joke circulating at that time, it was rumored that the winner was decided by the flip of a coin — but the tossed coin apparently had two heads and no tail.

In more recent years, however, the regional groups, including the Asian, African, Latin American and Caribbean and the Western and Other Groups (WEOG) have called for a virtual ceasefire as they took turns according to geographical rotation. The Groups would name their candidates who get elected without any opposition.

But the seriousness of the UN’s far-reaching mandate has been tempered by occasional moments of levity which have rocked the Glass House by the East River— with laughter. The UN is a rich source of anecdotes—both real and apocryphal– in which the General Assembly (UNGA), takes center stage, along with the Security Council (UNSC) as a political sidekick.

When UN ambassadors and delegates congregate in the cavernous General Assembly hall at voting time, they have one of three options: either vote for, against, or abstain.

The most intriguing, however, is a fourth option: to be suddenly struck with an urge to rush to the toilet. The frantic attempt to leave your seat vacant — and consequently be counted as “absent”– takes place whenever the issue is politically-sensitive.

When delegates are unable to vote with their conscience– don’t want to incur the wrath of mostly Western aid donors or are taken unawares with no specific instructions from their capitals– they flee their seats and head for the toilet

At a lunch for reporters in his town house bordering Park Avenue in Manhattan, (“this was once owned by Gucci, now it is Fulci”), Ambassador Francesco Paolo Fulci, an Italian envoy with a sharp sense of humor, described the fourth option as the “toilet factor” in UN voting.

And he jokingly suggested that the only way to resolve the problem is to install portable toilets in the back of the General Assembly hall so that delegates can still cast their votes while contemplating on their toilet seats. But for obvious reasons, there were no takers.

In most instances, the various regional groups and coalitions—including the Group of 77, the Latin American and Caribbean States, the African Union (AU) and the Western European and Others (WEOG)— take decisions behind closed doors ahead of voting and voted by consensus,

In the 1970s and 80s, the 116-member Non-Aligned Movement (NAM), founded in Belgrade in 1961, was one of the largest and most powerful political coalitions at the UN led by countries such as Yugoslavia, India, Egypt, Ghana, Indonesia, Zambia, Cuba and Sri Lanka.

As a general rule, all 116 countries vote in unison on General Assembly resolutions rarely breaking ranks. A Sri Lankan ambassador once recounted a message transmitted from his Foreign Ministry in Colombo – primarily directed at newly-arrived delegates which read— “If you are faced with an unscheduled surprise vote, and do not have any instructions from the Foreign Ministry, look to the right to see how Yugoslavia is voting and look to the left to see how India is voting. If both ambassadors are seen bolting from their seats, just follow them to the toilet”.

This article contains excerpts from a book on the United Nations titled “No Comment – and Don’t Quote Me on That” authored by Thalif Deen, Senior Editor at Inter Press Service news agency. A former member of the Sri Lanka delegation to the General Assembly sessions, he is a Fulbright scholar with a Master’s Degree in Journalism from Columbia University, New York, and twice (2012-2013) shared the gold medal for excellence in UN reporting awarded annually by the UN Correspondents Association (UNCA). The book is available on Amazon. The link to Amazon via the author’s website follows: https://www.rodericgrigson.com/no-comment-by-thalif-deen/

IPS UN Bureau Report

 


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Catégories: Africa, Biztonságpolitika

Why Southeast Asia’s Just Energy Transition Partnerships Have Stalled

TheDiplomat - ven, 29/05/2026 - 10:03
Despite high hopes and billions in funding pledges, the scheme has paid insufficient attention to the political and economic realities of the recipient countries.

Pierre Mirel et les Balkans : « l'élargissement a plus de sens que jamais »

Courrier des Balkans / Bosnie-Herzégovine - ven, 29/05/2026 - 08:05

L'intégration européenne semble en panne, et l'administration Trump met au défi les politiques de l'Union dans les Balkans comme en Ukraine. Acteur majeur de l'élargissement, Pierre Mirel revient sur deux décennies de tâtonnements et d'avancées, avec la conviction que ce processus a plus de sens que jamais. Entretien.

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Pierre Mirel et les Balkans : « l'élargissement a plus de sens que jamais »

Courrier des Balkans / Croatie - ven, 29/05/2026 - 08:05

L'intégration européenne semble en panne, et l'administration Trump met au défi les politiques de l'Union dans les Balkans comme en Ukraine. Acteur majeur de l'élargissement, Pierre Mirel revient sur deux décennies de tâtonnements et d'avancées, avec la conviction que ce processus a plus de sens que jamais. Entretien.

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Pierre Mirel et les Balkans : « l'élargissement a plus de sens que jamais »

Courrier des Balkans / Kosovo - ven, 29/05/2026 - 08:05

L'intégration européenne semble en panne, et l'administration Trump met au défi les politiques de l'Union dans les Balkans comme en Ukraine. Acteur majeur de l'élargissement, Pierre Mirel revient sur deux décennies de tâtonnements et d'avancées, avec la conviction que ce processus a plus de sens que jamais. Entretien.

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Pierre Mirel et les Balkans : « l'élargissement a plus de sens que jamais »

Courrier des Balkans / Albanie - ven, 29/05/2026 - 08:05

L'intégration européenne semble en panne, et l'administration Trump met au défi les politiques de l'Union dans les Balkans comme en Ukraine. Acteur majeur de l'élargissement, Pierre Mirel revient sur deux décennies de tâtonnements et d'avancées, avec la conviction que ce processus a plus de sens que jamais. Entretien.

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Pierre Mirel et les Balkans : « l'élargissement a plus de sens que jamais »

Courrier des Balkans / Serbie - ven, 29/05/2026 - 08:05

L'intégration européenne semble en panne, et l'administration Trump met au défi les politiques de l'Union dans les Balkans comme en Ukraine. Acteur majeur de l'élargissement, Pierre Mirel revient sur deux décennies de tâtonnements et d'avancées, avec la conviction que ce processus a plus de sens que jamais. Entretien.

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Catégories: Balkans Occidentaux, France

Pierre Mirel et les Balkans : « l'élargissement a plus de sens que jamais »

Courrier des Balkans / Monténégro - ven, 29/05/2026 - 08:05

L'intégration européenne semble en panne, et l'administration Trump met au défi les politiques de l'Union dans les Balkans comme en Ukraine. Acteur majeur de l'élargissement, Pierre Mirel revient sur deux décennies de tâtonnements et d'avancées, avec la conviction que ce processus a plus de sens que jamais. Entretien.

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Catégories: Balkans Occidentaux, France

Pierre Mirel et les Balkans : « l'élargissement a plus de sens que jamais »

Courrier des Balkans / Macédoine - ven, 29/05/2026 - 08:05

L'intégration européenne semble en panne, et l'administration Trump met au défi les politiques de l'Union dans les Balkans comme en Ukraine. Acteur majeur de l'élargissement, Pierre Mirel revient sur deux décennies de tâtonnements et d'avancées, avec la conviction que ce processus a plus de sens que jamais. Entretien.

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Catégories: Balkans Occidentaux, France

Middle East : Sanctioned Chinese satellite images continue to circulate via Telegram

Intelligence Online - ven, 29/05/2026 - 06:00
Despite Washington's attempts to crack down on images of its facilities in the Middle East, Chinese satellite images continue to [...]

Russia : Tensions run high in Russian services ahead of parliamentary elections

Intelligence Online - ven, 29/05/2026 - 06:00
With just months to go before Russia's 2026 State Duma elections scheduled from 18 to 20 September, tensions are mounting [...]

Thailand : The Amari Bangkok, a hub for security diplomacy

Intelligence Online - ven, 29/05/2026 - 06:00
Bangkok has no shortage of luxury hotels, but civil servants from Thailand's National Security Council (NSC) have found that the [...]

China : Beijing fights back against foreign extraterritorial laws

Intelligence Online - ven, 29/05/2026 - 06:00
The long-standing efforts of Chinese leader Xi Jinping to realign the Chinese diaspora will soon be put to the test. [...]

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