In my last post I spoke about the potential harmful effects of a lack of proper regulation due to corruption. Unfortunately, just 2 weeks later we have a very sad proof of this - the death of 2 friends.
East Asia and Pacific
A rather unusual report sponsored by the Cabinet Office calls for the UK government to embrace a new strategy for producing and disseminating information. The authors argue that the value of public sector information has – potentially, at least - significantly increased as two new groups of citizens have emerged: those who take part in online communities and those who mix-and-mash data to create new information.
Wal-Mart extends financial services to low-income customers. The world's largest retailer will sell prepaid payment cards at over 3300 of its discount stores in the U.S.
The adverse health effects of smoking are old news. Michael Lokshin and Zurab Sajaia (on page 18) examine the habit's less obvious effect on your paycheck.
Some years ago the British Government decided to support a major investment in upgrading education on St Helena. A new secondary school was built - and named after Prince Andrew, who, together with several St Helenians, had served as part of the force sent to deal with the Falklands conflict in 1982. Teachers were sent to the UK for training. Curricula were upgraded. In the late 1980s and early 1990s this was the largest development project in St Helena.
ANZ is not only expanding access to financial services in rural areas of Solomon Island, but it does so in an environmentally friendly way. Having won a tender from the government to provide banking to the rural population, the financial mogul will open six new solar-powered ATMs, link up with Solomon Island Postal Corporation in seven new locations and add five mobile branches.