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10 Must-read economics stories of the week, 26 April 2019
How the horrific attacks in Sri Lanka may have a lasting effect on that nation’s tourism-dependent economy, China hosts world leaders for a Belt and Road Initiative showcase and a jaw-dropping investigation into how billions of US$ worth of gold smuggled out of Africa is hurting African economies - here’s your list of this week’s most interesting stories, curated by Bank Vice President Dr. Jennifer Blanke.
- Why you should never start a trade war with an autocracy. Unlike the EU, China seems willing to pay any price to punish Donald Trump’s voters, says the Economist. (The Economist)
- Assembling the world country-by-country, based on economy size. Animations approach the world map from an alternate angle: assembling countries on the map in the order of their economic footprints. (Visual Capitalist)
- New Stanford study shows the economic cost of climate change is more global inequality. Researchers say global warming has led to “robust and substantial declines in economic output in hotter, poorer countries.” (Quartz)
- Video games are associated with impaired social skills for some girls, but not boys. New study suggests that any behavioral effect that frequent gaming might have, may occur only in pre-teen girls. (Yahoo News)
- China showcases Belt and Road Initiative to world leaders. Forum in Beijing aims to counter “debt trap” narrative. (BBC News)
- Sri Lanka's economy is fragile, and it depends on tourism. A series of deadly attacks could deal a body blow to one of Asia's fragile economies. (CNN Business)
- India’s premier came to power promising better days. Read what the data says about India’s economic performance. (The Wall Street Journal)
- America’s Ambassador to the African Union, Mary Beth Leonard: mission is to help facilitate the upward trajectory of multiple facets of life in Africa. (Detroit Free Press)
- Headwinds toward East African regional integration: Will this time be different? (Brookings Institution)
- Billions of dollars worth of gold is being smuggled out of Africa each year. See the Reuters multimedia investigative report showing how dodging tax on the precious metal hurts the economies of African countries where gold was mined. (Reuters)
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