A new United Nations report, Redefining Aids in Asia: Crafting an Effective Response, was just released and makes an astonishing prediction: 500,000 peaple could die each year people due to AIDS-related illnesses by 2020.
East Asia and Pacific
A recent IMF paper tries to understand what caused the recent deterioration of lending standards in the U.S. and shows that many parties have to take some blame. Lending standards in the subprime market deteriorated in markets with more competition, faster rising house prices and better opportunities to securitize loans once they're originated.
Literature on Web 2.0 technologies applied to developmental problems is rapidly growing, and with it, two camps are beginning to emerge. On the one hand, there are those who see Web 2.0 tools as an enhancement of traditional collaboration and outreach capabilities. On the other hand – and to my mind more intriguing – there are those who believe that Web 2.0 is heralding a new business paradigm.
A new paper titled, Attitudes to equality: the "socialist legacy" revisited, analyzes whether residents of post-socialist countries have "a preference for greater income equality, other things being equal, owing to the legacy of socialism." Surprisingly or not, the authors find little evidence that supports this claim.
"Eventually there will be more cell phone users than people who read and write," says Eric Schmidt, chairman of the board and chief executive officer of Google in a recent art