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10 Must-read economics stories of the week, 27 September 2019


China celebrates 70 years of economic transformation, the fight against what some call digital colonialism and how better seeds could help African farmers grow more – in this week’s list of the most interesting stories, curated by Bank Vice President Dr. Jennifer Blanke.


  1. China celebrates its 70-year transformation into an economic superpower on 01 October. See how CNBC tracks Beijing’s rise, including a time-lapse interactive graphic. (CNBC)

2. For centuries, economists have asked why certain places grow, prosper and achieve a higher standard of living compared to other places. Now there may be a solution. (Brookings Institution)

3. The world's wealthiest families are stockpiling cash, according to a new report. The majority of private wealth management advisory firms surveyed expect the global economy to enter a recession by 2020. (Bloomberg)

4. World Poverty Forum to be held in one of the planet’s largest informal settlements. Dubbed ‘Davos with the poor’ – the Forum to take place in Kenya’s Kibera to ensure poorest are heard. (The Guardian)

5. Economist who grew up in Communist Bulgaria named new IMF chief. Kristalina Georgieva succeeds Christine Lagarde, who is stepping down to take over as head of the European Central Bank. (Time)

6. The puzzling lure of financial globalization. Two Harvard economists say nearly every major emerging-market financial crisis of the past few decades was preceded or accompanied by surges in capital inflows. (Project Syndicate)

7. ‘Digital colonialism’: why some countries want to take control of their people’s data from Big Tech. (The Conversation)

8. How do you sort through the mountains of data to figure out which countries have the know-how to achieve dynamic growth? Researchers at Harvard now have an app for that. (The Harvard Gazette)

9. Better seeds could help African farmers grow far more. A critical look at the challenges farmers in Africa face. (The Economist)

10. New allies fight Africa’s deadly scourge of fake medicines. How tech is helping thwart the distribution of sham drugs across the continent. (Financial Times)

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