10 must-read economics stories of the week, 15/09/2017
Welcome to your weekly update – a curated list of some of this week’s most interesting stories on economic growth, human and social development.
1. Facts and figures. Resources for Africa’s Development are dangerously in decline.
Across aid, domestic revenues, and FDI combined, resources to support African countries’ development have dropped by 22% since 2012. Meanwhile, Africa’s population has increased by 14%. (The 2017 DATA Report)
2. Africa’s agric take-off to make billionaires, from “poor men’s fields”. Asked where the next crop of African billionaires will come from, AfDB’s president declared that they will be farmers. (The Herald)
3. Why Africa’s development model puzzles economists. The structural transformation of its economies is not following precedents. (The Economist)
4. 'They lied': Bolivia's untouchable Amazon lands at risk once more. (The Guardian)
5. Melinda Gates on Why Foreign Aid Still Matters. A new report from the Gates Foundation shows the devastating effects of a lapse in funding for global health. (The Atlantic)
6. James Shikwati: 'Africa's development has to come from inside of Africa'. The Kenyan economics expert says that Africans have to tap into their biggest resource – the continent's 1.2 billion people and their skill as traders (Deutsche Welle)
7. Religion is not the only reason Rohingyas are being forced out of Myanmar. Political and economic interests as contributing factors to forced displacement in Myanmar.
8. The next big winners in tech will be the companies that choose heart over head. The key is to design experiences around emotional value rather than rational value. (Quartz)
9. Break Up the Tech Giants? No, Just Level the Field. Facebook, Google and Uber should be held to the same rules as their older rivals. (Bloomberg)
10. ROBERT SHILLER: Bitcoin is the “best example right now” of a bubble. The Nobel-winning author who predicted the two biggest speculative markets in recent history, is repeating that bitcoin is in a bubble. (Business Insider)