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Viewpoint: China’s World Bank Has Rickety Foundations
If any country knows about the risks and rewards of building infrastructure, it is China. Over the past two decades, the People’s Republic has erected countless roads, dams, power plants, bridges and airports in its pursuit of economic development. The result has been a surge in debt, waste, corruption and pollution. It’s a dubious foundation from which to construct the new Asian Infrastructure Investment Bank.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- infrastructure
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How Lee Kuan Yew Transformed Singapore From Small Town Into Global Financial Hub
Lee Kuan Yew, the founding father of one of Asia’s smallest but most developed economies, has died. Lee led Singapore after its separation from Malaysia to emerge as one of the world’s most powerful financial centres.
- Categories
- Technology
- Region
- Asia Pacific
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Michael Bloomberg Backs Project to Collect Foreign Health Data
Former New York City Mayor Michael Bloomberg is backing a new project that will collect basic health data for countries in Africa, southeast Asia, and Latin America.
- Categories
- Health Care
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Viewpoint: To Reach India’s Rural Poor, Why Not Try Television Banking?
The Pradhan Mantri Jan Dhan Yojana (PMJDY) was envisioned to provide universal financial inclusion to rural and urban households. The mission includes not only providing universal banking access to all households but also micro-insurance. The government and commercial banks have accomplished the remarkable feat of opening 12.8 crore accounts within the last six months. While this is a laudable achievement, a number of issues related to servicing these accounts, mostly in remote and far-flung areas, may need to be addressed.
- Categories
- Technology
- Region
- South Asia
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Activists Protest Gates Foundation Plan for African Farmers
Activists in Seattle and London held demonstrations on Monday to protest efforts by the Bill & Melinda Gates Foundation, the U.S. Agency for International Development (USAID) and others to privatize seeds as part of a push to industrialize farming in Africa.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
- Tags
- philanthropy
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Mobile Money Transactions Doubled in 2014
The rate of global mobile money transfers continues to increase at a steady rate as the percentage of mobile remittances in 2014 doubled between January 2014 and January 2015, according to new research from Azimo, a mobile money company.
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- Uncategorized
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Pharmaceutical Incentives Cost Lives, Yale Professor Says
A Yale paper published online on Feb. 11 in the Journal of Global Health argues that implementation of a new agency to fund pharmaceutical companies could have decreased the severity of the recent Ebola outbreak.
- Categories
- Health Care
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Press Release: Mobile Money Market Worth $78.02 Billion by 2019
According to a new market research report "Mobile Money Market by Transaction Mode, Nature of Payment, Location, Type of Purchase, & by Industry (BFSI, Telecom & IT, Media & Entertainment, Healthcare, Retail, Travel & Hospitality, Transportation & Logistics, Others) - Global Forecast to 2019", published by MarketsandMarkets, Mobile Money Market is expected to grow from$12.34 Billion in 2014 to $78.02 Billion by 2019, at a Compound Annual Growth Rate (CAGR) of 44.6% during the forecast period from 2014 to 2019.
- Categories
- Education, Technology
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