What can Google Ngram tell us, besides being an intuitive tool? Poverty awareness. “Martin Ravallion of the World Bank traces poverty awareness over the last three centuries and finds we may be at a historical peak”, says Freakonomics in its post ‘Is poverty Awareness at its peak?’. There is more on this interesting finding from Martin Ravallion on VoxEu.
As rising food prices continue to create headlines, Economists and Scientists debate over who the main culprit is on New York Times’ ‘Room for Debate’. For now there is no clear winner, but the consensus is to tackle the situation, as food prices have reached dangerous levels. According to World Bank President Robert Zoellick, the rising food prices ”could hamper political transitions taking place in Egypt, Tunisia, the wider Middle East and Central Asia”. The recently released World Bank ‘Food Price Watch’ estimates that 44 million people have been pushed back to extreme poverty due to the spike in food prices. And as the G20 finance ministers and central bankers prepare to meet in Paris this weekend, the international community calls for their greater role in tackling food price inflation.
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