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Weekly wire: The global forum

Roxanne Bauer's picture

These are some of the views and reports relevant to our readers that caught our attention this week.
 
How disasters drive displacement – and what should be done about it
IRIN News
The risk of people being displaced by natural disasters has quadrupled in the last 40 years and, unless governments adopt national and global plans to address the main drivers of displacement, increasing numbers of people will lose their homes to floods, earthquakes and landslides in the future. This is the main message of a report released on Thursday by the Internal Displacement Monitoring Centre (IDMC) ahead of the third World Conference on Disaster Risk Reduction due to take place in Sendai, Japan in the coming days. UN member states are expected to adopt a global plan to reduce disaster risk that will build on the Hyogo Framework for Action adopted 10 years ago.  The Hyogo Framework addressed disaster risk reduction but not the risk of being displaced by a disaster..

6 Ways Technology Is Breaking Barriers To Social Change
FastCompany
We all know that technology is changing the world from artificial intelligence to big data to the ubiquity of smart phones, but many of us working to change society are just starting to understand how to harness tech forces for good. The stakes are high: Some 2 billion people continue to live on less than $2 a day. Millions of women and girls around the world lack basic human rights. Forty percent of children in U.S. urban school districts fail to graduate. A slew of initiatives address these and other intractable social issues, yet often, even the most successful ones only address a fraction of the problem.

Can virtual currencies help lower the cost of remittances?

Dilip Ratha's picture

One of the key messages I took away from TED Global 2014 was that virtual currencies (such as Bitcoin) are a reality, and it is only a matter of time - as little as 5 years, according to some people - before we'd all be using these currencies. The application of virtual currencies to the transfer of money across places and countries seems very promising as it could be nearly costless and instantaneous. Yet I feel that regulators are not prepared for such innovation in the field of cross-border remittances, in part, because they have not had the time to familiarize themselves with these instruments, and in part, also because the implications of virtual currencies for the formulation and implementation of monetary and exchange rate policies are yet to be examined.