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10 Must-read economics stories of the week, 17 May 2019

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New Zealand announces a “wellbeing” budget, why Ramadan is driving an alternative economy in Egypt and how cricket in India can teach us about development economics – here’s your list of this week’s most interesting stories, curated by Bank Vice President Dr. Jennifer Blanke.

  1. China’s global investments are declining everywhere except for one region. Check out three charts that highlight Beijing’s growing interest in the Middle East and North Africa. (Foreign Policy)
  2. Looking for a Trade War Winner? There Aren't Any. (Bloomberg)
  3. The global economy was improving. Then the fighting resumed. (New York Times)
  4. How emotional intelligence offers a path to gender equity. Mastering emotional intelligence is key. (Forbes)
  5. Opinion: using cricket to tackle development constraints. The broader lessons of development economics are actually not very different from the broader lessons from India’s fast bowling renaissance. (Live Mint)
  6. New Zealand's announces world-first ‘wellbeing’ budget to focus on poverty and mental health. Country claims to be the first to measure success by people’s wellbeing. (The Guardian)
  7. How can Vietnam avoid the middle-income trap? Why Vietnam is one of the great economic success stories of the 21st century thus far. (Brookings Institution)
  8. Microsoft is making a $100 million bet on African developers. Nigeria had the fourth-fastest growing developer community on the GitHub the previous year. (Quartz Africa)
  9. Africa must unleash the potential of its growing youth population. Young people could take to the streets and demand to be heard. (Arab News)
  10. Ramadan’s alternative economy in Egypt. Since prices have been rising almost every day since the devaluation of the pound in 2016, many families are looking for other sources of income during the Holy Month. (Al Ahram)

Categories: Jennifer Blanke

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