Tuesday 16 June 2020

Colombo Plan (Australia, 1951)

The Colombo Plan sounds rather exciting and Robert Ludlum-esque… As it turns out, it’s an organisation established in 1951 which represents a collective intergovernmental effort to strengthen economic and social development of member countries in the Asia Pacific region.

It was initially conceived as a way to bring British and Australian investment into developing nations that were at risk of becoming communist regimes but things have moved on. An early emphasis on infrastructure and capital investment has become more of an institute of good government and best practice in policymaking with some shared programmes. Its membership has changed too, to a broader reach of nations across Asia, the Indian Ocean and the Pacific, and with the USA being the lead “western” nation. It hasn’t all been idyllic, with concerns about where and how funding has been used, and it still faces accusations of trying to bring economic solutions to social and insitutional issues.

Despite this stamp, Australia is no longer a member.

https://en.wikipedia.org/wiki/Colombo_Plan

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this:
close-alt close collapse comment ellipsis expand gallery heart lock menu next pinned previous reply search share star