Information and Communication Technologies
How China’s current account surplus will evolve in the coming years is one of the key questions on the economic outlook, both for China itself and for the global economy. China’s increasingly competitive manufacturing sector will continue to power ahead, to expand exports and to gain global market share. At the same time, China’s domestic economy should continue to grow rapidly, thereby drawing imports. However, how this will on balance play out with regard to the current account surplus is less certain. It will largely depend on how much progress is made with rebalancing the economy.
(Also available in Chinese)
As an economist monitoring the macroeconomic developments of the Chinese economy, dealing with data is one of my main jobs. I am so happy that now I have a new tool to handle data and make economic analysis. It is the World Bank Open Data platform launched recently. Based on my user experience till now, I found two features of it are specially worth highlighting:
It has been another inspiring and exciting weekend of 'hacking for humanity' at the 3rd bi-annual Random hacks of Kindness (RHoK). On 4-5 December, the Australia-Indonesia Facility for Disaster Reduction (AIFDR) alongside other partners including the Bank hosted the Jakarta-leg of Random Hacks of Kindness. This global event brought together disaster risk managers and over a thousand software engineers (the hackers) to 21 locations around the world for a 48-hour “hackathon”. During the event teams of hackers developed practical software solutions to reduce the impact of natural disasters and help save lives.
Competition in the telecommunications sector in Solomon Islands has officially arrived. bemobile held its launching ceremony on Aug 31, making it the first competitor to Solomon Telekom (known as “Our Telekom”) effectively ending the previous monopoly. This is the result of the Government’s policy of reforming the telecoms market in Solomon Islands including promoting competition, developing a new legal framework, and setting up a new regulator, the Telecommunications Commission of Solomon Islands (TCSI).
A bunch of software programmers get together, listen to a list of desired projects formulated by aid, emergency, and development experts that would help tackle issues related to disaster relief, work for two days and the result is eleven applications that will allow users to easily report their status in the event of a disaster, locate family, provide data needed by emergency responders, or that will automatically process aerial images taken by Unmanned Aerial Vehicles (UAV), among others.
In “The Library of Babel,” Borges talks about the infinite nature of information and knowledge, because of its endless combinations.
|"The only way to really speak to someone is to go over to where they are", Primo told me about the state of telecommunications in the country.|
It’s now that time for me when you have to sit down and write goodbye and thank you emails, throw away all those trees you’ve cut over the years (that would be paper), wrap up work, pack up your stuff and say goodbye.