Tags » Developing Economies

Why does devaluation of a currency affect other economies?

“The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. 756 more words

Black Monday

How Big Data is Helping Fight AIDS in Africa

HIV transmission from mother to child is a major, and preventable, factor in the ongoing prevalence of AIDS in Africa. While transmission rates are below 5% with effective prenatal treatment, the World Health Organization says they can range… 608 more words


Why countries buy so many things they already have

China does a brisk trade in wristwatches. Last year, it exported $2.6 billion worth of them. And it also imported $2 billion worth.

That kind of back-and-forth, in which similar goods cross national borders in both directions, is a relatively recent phenomenon, but more than a quarter of all trade now fits this pattern. 831 more words

Worst Case Scenario

Link: http://www.npr.org/sections/money/2015/06/19/415804477/episode-634-worst-case-scenario

Summary: The Planet Money team investigate current problems in our economy that could create the next economic crisis.

Original Air Date: July 19, 2015

Length: 16 mins

Planet Money

Is there increasing inequality - both globally and locally?

BBC Radio 4 Interesting lowdown given by Radio 4, 11th November 2015, covering the issues that Sweden are currently facing with regards to immigration and the accompanying requirement of welfare services. 278 more words


The Nobel prize in economics was awarded for showing the world as it is—not how it should be

The Nobel prize in economics* has been awarded to Angus Deaton, British-born professor of economics and international affairs at Princeton University. The 69-year-old received the award for his research on measuring and understanding consumption, poverty, and welfare, especially in developing countries. 436 more words

Uganda and the consequences of boom-bust farming

“Uganda is a land of difficulties,” said Vicky Alobo. “Big and small.”

Alobo is a farmer in northern Uganda’s Ywaya village.

“There are caterpillars and aphids and other pests,” she said, counting on her fingers. 1,097 more words