International Development Strategy Debate
Full Debate: Read Full DebateViscount Eccles
Main Page: Viscount Eccles (Conservative - Excepted Hereditary)Department Debates - View all Viscount Eccles's debates with the Foreign, Commonwealth & Development Office
(2 years, 8 months ago)
Lords ChamberMy Lords, it is quite a challenge to follow the noble Lord, Lord Desai. He used to sit opposite me, but now he is in the middle.
I come out of the CDC stable, which has been variously known as the Colonial Development Corporation and the Commonwealth Development Corporation, and now is known as the CDC Group. It used to be funded, in my day, by loan capital, on which we paid interest before we repaid the loans; we even paid corporation tax. The CDC Group is a limited liability company owned by us and controlled by the FCDO. It does not pay its shareholders any dividends, does not have to pay for loan capital, and it does not pay corporation tax. So one thing you can say about the strategy that has been followed is that life is a good deal easier than it was in my day.
I am very grateful to the noble Lord, Lord McConnell, for inviting us to think about strategy, which is a long-term business. I follow the noble Lord, Lord Alton, on the matter of conflict resolution in the document that we are all looking forward to as a strategic document. I hope that it will not duck some of the hard questions about conflict resolution. I shall raise only one. On the Commonwealth member Cameroon, is there going to be some hard information in this strategy about our contribution to resolving the quite unnecessary conflicts there?
In thinking about long-term strategy, another thing that should not be ducked, which is of course related to all the points that have been made about women’s education and life chances in this debate, is population. It is a very difficult subject. The birth rate in western Europe is now around 1.5 babies per fertile woman; in sub-Saharan Africa, it is about 4.5 babies—actually 4.7, I think—which is three times as many. Whereas the population of western Europe is now not estimated to grow very much more, the population in sub-Saharan Africa is predicted to double by 2050. All I want to say about that is that, in any strategic document, it is an amazing challenge: what are we actually going to do about it as a practical matter?
There are some signs—and I, like the noble Lord, Lord McConnell, am basically an optimist. The world’s peak population was predicted to get to 13 billion some 20 years ago, when predictions were being made. I think that we all agree that the world’s population is putting too much pressure on Mother Nature, hence the way that climate change and biodiversity loss have gone up the agenda. It seems to me that any strategic document cannot duck the issue of man’s pressure on Mother Nature. It must be in some way dealt with, or at least commented on. Silence will not do.
Now the world’s peak population is predicted to be about 9.8 billion, and then to go down a bit, so the world’s fertility rates are falling—and they are falling even in sub-Saharan Africa. The question is whether we welcome that. In the Times newspaper this morning there was an article about Italy that said it had its lowest recorded fertility rate for a very long time. The question is whether Italy should welcome that, or whether it should be in despair because it is not going to have enough young people to support old people like me. These are difficult decisions.
Finally, I welcome some of the things our new Foreign Secretary has done in preparation for this strategy. CDC, which is going to change its name, will be empowered to go back to work in many small and medium-income countries in which we have worked for most of our 73 years: the Caribbean, Papua New Guinea and so on. In small and medium countries—Malawi, for example —the economic opportunities are not very great, but unless you can develop the private sector those economies will not prosper, and CDC is an extremely good vehicle to achieve that development.