Every Monday, the German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE) comments on the latest issues and trends of international development policy by its Current Column. The column is intended for politically interested readers who want to get a brief overview on the state of German and international development policy.
Current and past issues can be downloaded for free from the DIE website.
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Figueroa, Aurelia (2014)
The Current Column, 24 January 2014
Around this time, New Year’s resolutions begin to fade, challenged by long-standing habits. Whether it was to bike to work, install efficient lighting, or eat less chocolate, present comfort often beats out long-term wellbeing. In economics this is a market failure known as dynamic inconsistencies: While we may know what is best for us in the long run, our desire to stick with the more certain comfort of the status quo often supersedes change.
Keijzer, Niels / Timo Casjen Mahn, (2014)
The Current Column, 20 January 2014
The new German government deserves praise for its decision to increase its aid budget for the period 2013-2017. The decision on how to spend the lion’s share will be one of the first major tasks of the newly appointed minister Gerd Müller.