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The average developing country lives off exporting commodities like oil, gas, copper, cocoa or soybeans. The sale of these...
[view whole blog post$1.25 a day. How would your life look if you had to live on that? You'd save your meager cash to buy food, just to keep yourself and your family alive. It would all add up to a miserable existence, wouldn't it?
[view whole blog postRich countries have been giving money to poor ones for many decades and for many reasons--from geopolitics...
[view whole blog postIt is an old debate. Back in the 1950's and 60's, from Asia to Latin-America, an idea caught fire among development...
[view whole blog postYou are visiting a poor village somewhere in the developing world. No paved roads, no electricity, no running water, no clinic,...
[view whole blog postSay that your country is blessed with natural resources. Oil, gas, minerals -- it has it all. New technologies are leading to even more discoveries. The future looks good. But deep down you worry that the bonanza could turn into a bust -- how do you know that's not going to happen?
[view whole blog postFueled by its many natural resources, Africa is growing fast, is finally beginning to reduce poverty and seems headed for success. Or so we think, for there are major problems with its data, problems that call for urgent, game-changing action.
[view whole blog postIn the average developing country, most people work outside the law -- they have no contract, are not registered, carry no license, pay no tax or make no pension contribution. They get no social benefits or labor protection either. They are "informal."
[view whole blog postHave you ever wondered why, sometimes, poverty continues to increase in countries that grow super-fast? Take the case of India, a model of economic take-off.
[view whole blog postThink back to the 1990s. The Soviet Union had just disintegrated. The American economy was on a roll. Technology...
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