One of the oft-cited causes of the financial crisis are the huge macroeconomic imbalances that developed between the United States and a number of emerging markets, particularly China. Neil Gregory, a senior adviser at the World Bank and author of New Industries from New Places, offers China and India some advice on coping with the crisis that should also help deal with these imbalances. From
East Asia and Pacific
More than a decade has passed since Indonesia embarked on the transition from authoritarian rule to building democratic institutions. This week, CommGAP met with Santoso, Managing Director of KBR68H, a Jakarta-based radio news agency founded in 1999, at the dawn of the country’s democratic transition. In addition to its long roster of domestic and international awards, KBR68H is the first media and Southeast Asian organization to receive the King Baudouin International Development Prize, named after the former king of Belgium (click here for a video on KBR68H prepared by the prize sponsor).
In response to Janine's post on mobile money in Mongolia, David Lembo from the zzzeitgeist blog expresses some concern: "One question worth considering - do all these development finance programs (mobile banking, microfinance, crop insurance) get a free pass on regulation because they are seen as helping the poor? I sure hope not..."
Recent posts to this blog about the use of mobile phones in education in developing countries have generated a *lot* of page views. News earlier this year that firms in the United States are beginning to make a pitch for greater use of mobile phones in the education sector highlights the increased attention that this topic is now receiving in OECD member countries as well.
Thomas Schelling, one of the fathers of game theory, would be proud. There are now websites that allow people to place bets with themselves over whether they will achieve certain weight loss goals:
China could very possibly be setting a record this year with the largest number of unemployed recent college graduates in the history of the world.