World Bank

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Mickael, from Eritrea, sits close to a security fence on the main access route to the ferry harbour terminal in Calais, France. Reuters/Pascal Rossignol

Why helping ‘economic migrants’ may help stop others becoming ‘refugees’

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. Nic Bothma/Reuters

Why inequality will not be fixed with Pikettian posturing and distorted data

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

What the science and technology index tells us about development in Africa

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. Chad Kainz/Flickr

We got an FOI request from Big Tobacco – here’s how it went

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.
President Joko Widodo is not crying over cuts to Australian aid for Indonesia. AAP Image/Eka Nickmatulhuda

How will a 40% cut in Australian aid affect Indonesia?

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.
Tony Abbott is meeting Chinese President Xi Jinping in Beijing this week. Lukas Coch/AAP

Abbott’s awkward APEC moment over Asian infrastructure bank

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. Ria Novosti/EPA

World Bank watch out, the BRICS Bank is a game-changer

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? EPA

The BRICS plan for a new world order begins with a bank

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. EPA/S. Sabawoon

Afghan election: Ashraf Ghani, my friend the frontrunner

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…
World Bank President Jim Yong Kim warns investors not to ignore climate risks. EPA/Chris Kleponis

Fossil fuel campaigners win support from unexpected places

If you haven’t heard about the growing campaign for fossil fuel divestment, and what it means for both your retirement funds and for the global economy, it’s time to pay attention - because now even the…
A World Bank report gives a hopeful forecast for global growth. Image sourced from

Growth spurt hopes for global economy, but challenges remain

The World Bank’s Global Economic Prospects report released this week is moderately optimistic about the short-term outlook of the global economy. World Bank economists anticipate an improvement in most…

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