May 21, 2013

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About Krystle Corpuz

My name is Krystle Corpuz. I graduated from Georgetown in 2009 with a Bachelors of Science in Foreign Service. I worked in the Philippines with a consulting firm that pursues International Development Assistance (IDA) projects with multi-lateral and bi-lateral international funding agencies (e.g. World Bank, Asian Development Bank, Japanese International Cooperation Agency, and etc.). My professional job gave me an opportunity to explore how many of these funding agencies operate and I want to share that knowledge with young people so they can be empowered to influence decision makers and understand how projects are funded in developing countries.

Paving the Yellow BRICS Road to Global Change

April 21, 2012 by 1 Comment

The first BRIC (Brazil, Russia, India, China) Summit was held in 2009 with the intention of consolidating inter-economic ties between the four countries. The second and third summit brought forth discussions on inclusive growth and renewable energy within the framework of environment and food security. Consequently, in 2010, South Africa was added to the exclusive club – and “BRIC” became “BRICS.” The recent conclusion of the fourth BRICS Summit on March 29, 2012 brought forth a deluge of questions regarding the position of BRICS on … [Read more...]

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Opposed to Kyoto Protocol, United by Energy Profits

April 3, 2012 by Leave a Comment

On April 2, United States, Canada, and Mexico pledged to develop a "Continental Energy Grid" that will allow for electricity generation and interconnection in North America. This energy cooperation will be given political support, which intends to reduce overall business costs. The cooperation believes such a venture falls in line with the objectives of the Durban climate conference to tackle climate change and reduce emissions. However, the announcement of such a trilateral cooperation to address climate change comes at a very controversial time. … [Read more...]

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Foreign assistance and anti-gay sentiments in Africa

December 14, 2011 by Leave a Comment

The United States has taken drastic steps to emphasize its views against Malawi’s homosexuality ban. The uproar has gone so far that the United States and Britain have begun to consider and begin withdrawing their aid in protest against Malawi’s persecution and discrimination against the LGBTQ communities. Barak Obama and Hilary Clinton have been vocal in their opinion of Malawi’s anti-gay policies and have encouraged other donors to consider LGBTQ rights in their future aid allocation for developing countries. Moreover, several other African … [Read more...]

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Transparency in Foreign Aid: fact or fiction?

October 5, 2011 by Leave a Comment

The Open Government Partnership was launched on September 20, which will ostensibly act as an "independent watchdog to prove aid funds were being spent appropriately." (CBS news) Concerns about transparency of aid are long-standing. For example, Britain has opted for strict transparency policies to coincide with their promise to increase international aid to .07% of gross national income by 2013. Transparency-based aid is difficult because it entails more investment in institutional building that would help developing countries promote freedom of … [Read more...]

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Universal Declaration of Economic Rights: A New World Order?

May 17, 2011 by

Critics have attempted to expose the inefficiencies of the Bretton Woods system that caters to countries that have the most money and consequently most voting power. Multi-lateral funding agencies are under fire for perpetuating their own standards of multilateralism that favor founding members or developed countries. The obvious and consistent divide between rich and poor countries and lending and indebted countries continues to fuel the impression that the once admired Bretton Woods system falls short of capturing the true essence of international … [Read more...]

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Impacts of US Disengagement: Why Jumping on the Bandwagon Preserves US Interests

March 21, 2011 by

The Obama administration has increased pressure on Republicans to reconsider their push for budget cuts to international programs. US Treasury Secretary Timothy Geithner is warning Congress that the budget cuts to foreign aid could prevent US businesses from expanding their trade relations to emerging markets. How are business interests a determining factor in US Foreign Aid? First, economic interests are drastically shifting towards increased interest in emerging markets and the potential these countries could play in positively influencing global … [Read more...]

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Africanization of Foreign Aid: A Re-Discussion of Current Approaches

February 11, 2011 by

A recent article of Belarus Digest, discusses a fundraising event that took place in Warsaw that secured pledges of $120 million from 36 donor states. One of the biggest challenges that many Belarus delegates acknowledged was the need to prevent the “Africanization of Foreign Aid” in their country. Essentially, they want to prevent corruption, abuse, and fraud of donor assistance. Taking a step back, what exactly does the “Africanization of Foreign Aid” imply? It signifies the perpetual image that Africa consistently falls short of required … [Read more...]

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International Monetary Fund Remodeling

February 7, 2011 by

The International Monetary Fund took unprecedented historical measures to expand the power of emerging market economies by overhauling its own governance structure and increasing the voting power of its developing member nations. The vote was set for November 11 and 12, 2010 and is expected to increase the power of China, Brazil, Russia, and India by allowing them to having voting power and greater access to shareholder rights in the IMF. For once, since IMF’s inception, 65 years go, this change in power will be in favor of developing countries. … [Read more...]

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The Age of Disaster Funding

February 4, 2011 by

The United States, among many other donor countries, is growing more skeptical about increasing disaster relief funds to Haiti. There have been constant bureaucratic barriers to the promised $1.15 billion in reconstruction money. Concerns over corruption and misuse of funds is a huge factor in the bureaucratic mess that the United States has created to ensure their money won’t fall into corrupt hands. One of the biggest problems facing disaster aid funding lies in the reconstruction stage. During an emergency, countries rush in with military, … [Read more...]

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Youth involvement today

September 30, 2010 by

By Krystle Corpuz Krystle is one of AIDemocracy’s 2010-2011 Issue Analysts. Find out more about Krystle below or take a look at the Student Issue Analysts. On the World Bank website, there is a portal called East Asian and the Pacific Youth (EAPYouth). One particular link caught my attention; it said "Participants in the Pacific Youth Festival held in Tahiti formulated 58 resolutions calling stakeholders to recognize youth as key to development."This statement is indicative of the mindset of many decision makers. In the media, young people could … [Read more...]

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