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LTD Editors's blog

Friday round up: Visualizing financial inclusion, food insecurity, behavioral economics, poverty among urban children, and citizen well-being

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The Guardian's Global Development Professionals Network blog has created visualizations using Global Findex data.
 
The FAO finds in its 'The State of Food Insecurity in the World 2015' report that 795m people are undernourished globally, down 167m over the last decade, and 216m less than in 1990–92.
 

Friday round up: World Development Report 2015, the data revolution, China’s reform prospects, and the World Happiness Report

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Varun Gauri speaks with Owen Barder about the World Development Report 2015: Mind, Society, and Behavior on the Development Drums podcast.
 
In Project Syndicate, Jeffrey Sachs writes that 'the data revolution can drive a sustainable development revolution, and accelerate progress toward ending poverty, promoting social inclusion, and protecting the environment.'
 

Three years ago, 2.5b adults were unbanked, compared to 2b today

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The Global Findex, launched last month, is a massive database that tracks account ownership and use, savings, borrowing, and payments around the world.  Jake Kendall, Deputy Director of Research and Innovation on the Financial Services for the Poor team at the Bill & Melinda Gates Foundation, and World Bank Lead Economist Leora Klapper, recently wrote a blog post highlighting key facts and figures, some of which are: 
  • Sixty-two percent of the world’s adult population has an account, up from 51 percent in 2011
  • In developing economies, account ownership rose disproportionately among adults living in the poorest 40 percent of households.
  • Worldwide, account penetration among women rose from 47 percent in 2011 to 58 percent in 2014

Read the full blog post here.

Friday round up: Kaushik Basu lecture, ABCDE registration, Nepal and remittances post-quake, patent problems, world happiness

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Kaushik Basu delivered the keynote address at a panel discussion in Ithaca, NY titled "Cornell and Global Poverty Reduction: Philanthropy, Policy and Scholarship".
 
Registration for the 2015 Annual Bank Conference on Development Economics has opened.  The conference takes place Jun 15-16 in Mexico City.
 

Two essay competitions for students: One hosted by the International Economic Association, the other by Georgetown University

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Students at higher education institutions worldwide who are studying full time can earn cash prizes for their writing skills, but deadlines are looming.

The International Economic Association (IEA) is holding its first Stiglitz Essay Prize (SEP) in honor of Joseph E. Stiglitz, its past association President. The topic must cover one of two broad themes:
  • The causes and policy consequences of growing inequality
  • A rethinking of macro-economics and proposals for new approaches that speak to the weaknesses in modelling revealed by the 2008 global crisis

The short-listed essays will go to the following judges: Joseph E. Stiglitz (Columbia University and IEA past President), Timothy Besley (London School of Economics and IEA President) and Kaushik Basu (World Bank Senior Vice President and IEA President Elect).

The winner of the prize will win US$1,000, and the runner(s)-up will receive US$500. The winning essay and runner(s) up will also be published on the IEA website.

The deadline for submissions is Sept 1, 2015. More information on the competition can be found here.

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