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10 Must-read economics stories of the week, 24 January 2020

24-Jan-2020

Davos is upon us, worries about how China’s corona virus could impact global growth and why closing the gender gap in Africa’s labor markets is good economics - here’s your list of this week’s most interesting stories, curated by Bank Vice President Dr. Jennifer Blanke.

 

1. As world leaders descended on Davos, Switzerland for the World Economic Forum Annual Meeting, experts struggled to figure out where the world economy is headed. Here’s a peek. (Statista)

2. Can Universal Basic Income work? This model to reduce poverty by providing all citizens, regardless of wealth, with a guaranteed sum, isn’t new. (Wharton Knowledge)

3. How to transform the development sector for a decade of action and delivery. Jamie Drummond, who co-founded ONE with Bono and others, has opinions. (Devex)

4. Capitalism draws fire, despite strong global economy. Public relations firm’s survey of 34,000 people worldwide reveals skepticism of major institutions. (Wall Street Journal)

5. Wealth gap widening for more than 70% of global population, researchers find. Policymakers urged to act as study shows soaring inequality is affecting millions. (The Guardian)

6. The future of development is local. To achieve the Sustainable Development Goals, the world will have to shift its thinking from the national toward the urban. (Foreign Policy)

7. How China’s virus outbreak could threaten the global economy. Markets have tumbled - economists say the possible impact isn’t yet clear. (New York Times)

8. U.S. households waste about 1/3 of food they acquire. Researchers warn inefficiency in the food economy has implications for health, food security, food marketing and climate change. (American Journal of Agricultural Economics, via Science Daily)

9. United Kingdom eyes investment opportunities in Africa after Brexit. A wrap up of the first UK-Africa Investment Summit. (Xinhua)

10. Closing the gender gap in African labor markets is good economics. Potential gains from full and equitable participation of women in the labor market are substantial. (Brookings Institution)

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