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10 Must-read economics stories of the week, 10 January 2020

10-Jan-2020

Good news for African start-ups, how a high-tech tool could lower tensions over water scarcity, and why Australia’s bushfires could impact economic growth – here are the week’s most interesting stories, curated by Bank Vice President Dr. Jennifer Blanke.

Startup funding in Africa broke more records in 2019. The inflow of venture capital into the African technology ecosystem is not slowing down. (Quartz)

A year full of danger. 2020 is going to be a very tough year for the world, and developing countries in particular. (Inter Press Service)

What to do about economic inequality? Economic inequality has burgeoned as income from capital has risen faster than growth. (Social Europe)

Rising debt burdens are forcing some of the world’s poorest countries to slash already meager levels of public spending. Why campaigners are issuing a warning. (Financial Times)

International NGOs are coming under fire for perpetuating the power dynamics of colonization through their work. Tips for funders on how to research, before reaching out. (Devex)

Water wars: early warning tool uses climate data to predict conflict hotspots. A new system flags up where tension over water scarcity threatens to erupt into violence. (The Guardian)

How China is reshaping international development. The philosophy is about commercial ventures rather than handouts, but there have been bumps along the way. (Carnegie Endowment for International Peace)

Closing the gender pay gap could add $512 billion to the United States GDP. How inequity impacts everything from healthcare and higher education to international trade and the middle class. (Fast Company)

Australian bushfires will be a ‘big drag’ on growth, says economist. Why consumer confidence could be impacted. (CNBC)

African governments are trying to collect more tax. They can no longer rely on aid or natural resources. (The Economist)

 

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