Category: China
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Trends in Extreme Poverty (Spoiler: The Poor Are Not Getting Poorer)
Globally, the number of people living in extreme poverty ($1.25 a day) is shrinking. The global poor are not getting poorer. The world population grew from 4.5 billion people in 1981 to 6.9 billion in 2010 – a 60% increase. The percentage of people living in extreme poverty in developing nations dropped from over 50%…
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Why the West Progressed in Ways No One Else Had
I just read Cathedral, Forge, and Waterwheel: Technology and Invention in the Middle Ages by Frances & Joseph Gies. The book focuses on technological development during the 1,000 years from 500-1500 C.E. The Middle Ages was once cast as an age of regression from the golden age of Greece and Rome until the Renaissance and…
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Economic Development Links
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in Africa, Capitalism and Markets, Central America, China, Demography, Economic Development, Education, Environment, Gender and Sex, Globalization, Health and Medicine, Human Progress, International Affairs, Links – Economic Development, Poverty, Technology (Food & Water), Wealth and Income, Weatlh and Income Distribution1. Economist: March of the Middle Class 2. Chrsitianity Today: Poverty Is a Moral Problem – Interview with William Easterly … The sad thing is that the field and practice of development have too often been on the wrong side of this debate. They’ve implicitly painted themselves into a corner where they’re on the authoritarian…
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Is China the new idol for emerging economies? – Dambisa Moyo
TED: Is China the new idol for emerging economies? – Dambisa Moyo "The developed world holds up the ideals of capitalism, democracy and political rights for all. Those in emerging markets often don't have that luxury. In this powerful talk, economist Dambisa Moyo makes the case that the west can't afford to rest on its…