Most of the world’s poorest people now reside in middle-income as opposed to low-income countries.
Recent studies show that development aid to poor countries contributes in the long term to their economic growth. But the aid architecture has adapted slowly to a new reality.
China’s income level is at a critical stage.
The history of middle incomes countries shows China's "miracle growth" probably won't continue.
Mickael, from Eritrea, sits close to a security fence on the main access route to the ferry harbour terminal in Calais, France.
The European obsession with labeling people either economic migrants or refugees hampers understanding of the problems they face. Adding the role remittances play to the debate would help.
Women wait in line to fill buckets from a communal clean tap in Masiphumelele, Cape Town, South Africa. The country has extremely high levels of inequality.
Thomas Piketty's visit reminds us of the need to reconsider South African inequality-fibbery. His inequality critique is vital, but only if it can withstand the neoliberal embrace.
The African continent is embracing technology in varying degrees. Swimmers use a selfie stick to take a picture of themselves in shallow waters of the River Nile outside Khartoum, Sudan.
REUTERS/Mohamed Nureldin Abdallah
Science and technology is seen as a key driver of a nation's economic fortunes. How is the African continent faring a decade after the first major global survey on countries' performance?
‘The people of the United Kingdom’ felt the tobacco industry’s record of addicting children and then killing one in two of those who don’t escape their clutches did matter.
Cancer Council Victoria is contesting British American Tobacco's request for survey data about teenagers' smoking habits. Here's the story of a UK research group who faced a similar request.
Students at the University of Science of Kisangani, Democratic Republic of Congo.
For decades, higher education in developing countries has not been a priority for international aid donors. That is now changing.
Australian Treasurer Joe Hockey joined a large contingent of leaders at the AIIB signing ceremony this week.
Western powers signing on for the Asian Infrastructure Investment Bank could more effectively shape China's view of the world.
A school run by Bridge International Academies in Nairobi, Kenya.
GlobalPartnership for Education/flickr
The Bank has come under fire for its investment in Bridge Academies, which runs a network of schools in East Africa.
President Park Geun-hye stresses the importance of education for all.
The UN's ambitious education program must be extended to the most marginalised and disadvantaged.
President Joko Widodo is not crying over cuts to Australian aid for Indonesia.
AAP Image/Eka Nickmatulhuda
Australia has cut aid to Indonesia by 40%. That may cause diplomatic displeasure, but the country has restructured its development programs in recent years to be less dependent on foreign money.
Ngozi Okonjo-Iweala gave voice to sub-Saharan Africa on global monetary institutions.
The expected departure of Ngozi Okonjo-Iweala as Nigeria's finance minister will leave Nigeria and sub-Saharan Africa without a significant voice in the IMF and World Bank.
About 1.8 billion people in Asia lack basic sanitation services, like this slum in Jakarta, Indonesia.
Asia needs trillions of dollars in coming years to finance roads, sanitation plants and other key infrastructure. The IMF and World Bank can't do it alone.
A clerk counts Chinese 100 yuan banknotes at a bank in Nantong, Jiangsu province.
The creation of the Asian Infrastructure Investment Bank is a blow against US influence in global financial markets.
China’s made it clear, all nations allowed.
Clubhouse from www.shutterstock.com
The US has only itself to blame for the growing number of allies that have agreed to join China's development bank despite American objections.
China: capital of a new world order?
The cascade of US allies looking to join China's new development bank should come as no surprise.
Tony Abbott is meeting Chinese President Xi Jinping in Beijing this week.
Forget shirt-fronting Russian President Vladimir Putin. Prime Minister Tony Abbott’s most challenging task this week will be breaking an uncomfortable silence with Chinese President Xi Jinping. And he…
Banking on success.
The top news from this year’s BRICS summit was the announcement of a New Development Bank. Headquartered in Shanghai, the bank will become operational in 2016 with an initial capital of US$50 billion…
Does this mean Putin is the new Keynes?
Could history one day judge the latest BRICS summit as significant as the Bretton Woods conference of 1944? That is the hope of leaders from Brazil, Russia, India, China, and South Africa as they meet…
Professor turned politician: Ashraf Ghani.
Friendship is rare and to call a person “friend” is a serious matter. It’s not complicated – it implies really looking forward to the next conversation with that person. It implies sharing ideas, hopes…