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Ghana’s e-levy has hit traders in the country’s informal sector the hardest. Christophe Gateau/picture alliance via Getty Images

Ghana’s e-levy is unfair to the poor and misses its revenue target: a lesson in mobile money tax design

Domestic resource mobilisation cannot be achieved by over-taxing the livelihoods of the most vulnerable workers in the informal sector.
Developing countries are calling for more funding and for changes at the World Bank. Sean Gallup/Getty Images

4 signs of progress at the UN climate change summit

The biggest issues at COP27 involve financing for low-income countries hit hard by climate change. A former World Bank official describes some promising signs she’s starting to see.
The growth of Islamic banks provides Muslims living in North America with options that reflect their beliefs. (Shutterstock)

Islamic finance provides an alternative to debt-based systems

Shariah law informs financial contracts and credit systems, and the growth of Islamic financing options provides an alternative to current debt-based banking systems.

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