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Viewpoint: Immigrants Should Do More Than Just Send Money Home
Remittances are OK, but there’s no substitute for investment, growth and economic development.
- Categories
- Finance
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Viewpoint: Treasury Risks Dropping the Ball on Opportunity Zones Accountability
The die will be cast when the Treasury Department releases final regulations governing Opportunity Zones. It’s up to Treasury to weigh these risks against the potential returns for our communities.
- Categories
- Investing
- Region
- North America
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Kenyan Betting Firms Say Payment Systems Suspended Following Government Order
Online sports betting companies such as SportPesa have grown rapidly in the East African nation in recent years, riding a wave of enthusiasm for sports to achieve combined revenue of 204 billion shillings ($2 billion) last year.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- public policy, regulations
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White House Touts Help For Poor Areas — But Questions Endure Over Who’ll Benefit
Smith, who helps lead the White House efforts on the zones and other domestic policy matters, told NPR that the zones help cities and towns draw on private-sector investment in an innovative way. But the federal law does not specify how those funds should be used; investors might build affordable housing — or they might build high-end apartment buildings.
- Categories
- Finance
- Region
- North America
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Why Zimbabwe Has Banned Foreign Currencies
Zimbabwe's government has taken the controversial decision to ban local trading in foreign currencies, including the US dollar, with immediate effect.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- public policy
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The Trouble With ‘Women’s Empowerment’ Programs: Perceptions vs. Reality in India
India's government, funders and development initiatives have an increasing focus on including women in different programs. But according to Sudarshan Thakur at PRADAN, these efforts often seem more concerned about what women can do for development than what development can do for women. He argues that social change cannot come only from outside interventions or credit. Instead, global development agencies need to engage with women across different communities and contexts, as women themselves are the best judges of the types of services and programs they need.
- Categories
- Finance
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Africa Is Leading the World in Plastic Bag Bans
The first phase of the country’s anti-plastic initiative began in 2017 to “protect the youth and environment,” with an initial ban on the manufacture of plastic bags and in-country distribution.
- Categories
- Environment
- Region
- Sub-Saharan Africa
- Tags
- public policy
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China says bitcoin is wasteful. Now it wants to ban mining.
An executive who works closely with Chinese mining firms told WIRED that although the ban was widely expected to move forward, miners expect it will take years for the government to fully rein in their operations.
- Categories
- Technology
- Region
- Asia Pacific
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