Will any government be brave enough to let a big bank fail? (Credit: Ian Kennedy, Flickr Creative Commons)
Five frightening years after the meltdown of the global financial system – with the world’s advanced economies stuck in a painful slump – policymakers are still struggling to reinvigorate job growth. If the unemployed were awaiting some tangible initiative from this summer’s G8 summit, they were surely disappointed: Last week’s G8 summit communiqué offered only boilerplate assertions that “decisive action is needed to nurture a sustainable recovery and restore the resilience of the global economy.”
The financial fiasco of 2008 left human wreckage in its wake. An additional 120 million people worldwide were plunged into poverty at the nadir of the crisis, wiping out years of development progress. According to the World Bank's most recent World Development Report, there are now about 200 million unemployed worldwide; 1.5 billion only marginally employed in tenuous jobs; and 2 billion dropouts from the workforce.
New developments and curiosities from a changing global media landscape: People, Spaces, Deliberation brings trends and events to your attention that illustrate that tomorrow's media environment will look very differently from today's, and will have very little resemblance to yesterday's.
This week's Media (R)evolutions: African Facebook Users in 2013
The future of road transportation needs a change from the conventional system as societies move towards better resource use, driving the idea of sustainability. The future demands a move from gasoline and diesel powered cars to something more sustainable. As this reality becomes more evident, electric vehicles (EV) are sure to be a major catalyst to this movement. Getting from point A to point B is no longer as simple as hopping in a car, stepping on the gas pedal and having the pleasure of carefree driving. We are now living in a very different world where global warming and depleting oil reserves are at the forefront of many discussions and drive new technologies. The electric car could be the answer that people are looking for. Despite being on the market for many years, EVs have not been well integrated because of the lack of infrastructure and their lack of appeal to the average consumer.
When compared to urban water supply, rural areas present a different set of challenges:
Often, the cost per capita of constructing water systems is higher in rural than in urban areas, due to a smaller population which is scattered over a large area. This, in turn, leads to high operating costs, to be recovered by fewer users.
Most importantly, there may not always be an obvious institution to take the responsibility of managing and operating the system after construction. This institutional vacuum leads to poor collection of water fees, and ultimately to poor operation and maintenance of the rural water systems.
If you live on an island in the ocean, energy and climate issues come together in a palpable way. Most small island developing states depend heavily on imported fossil fuels, especially diesel, for their power. For remote islands, in the Pacific for example, the fuel must be shipped over long distances. It’s expensive, the supply is limited and intermittent, and paying for it stretches government budgets. Because of this, low-income families and communities often rely instead on kerosene, and wood or other biomass for lighting and cooking.