Basics

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Wealthy countries turn back on leading anti-poverty solution: Remittances

The amount of money sent home by migrants and refugees from developing countries exceeds foreign aid – making migration a powerful anti-poverty, too. Despite this overwhelming evidence, countries are shutting their doors to foreigners. The effort by Western governments to limit the entry of migrants and refugees is fueled by nationalism and rising inequality … and a fair amount of misinformation.

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Internet is breaching barriers to education for the most vulnerable

Online schools in the U.S. may still be struggling to assert their legitimacy, but elsewhere, they’re being harnessed to provide access to quality education for the most vulnerable. The U.N. awarded two organizations yesterday for doing just that. One of those was JAAGO Foundation in Bangladesh, which brings qualified teachers to online and tradition classrooms in slums and remote areas.

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China can still reverse inequality before it’s as bad as the U.S.

Income inequality in China is worse than previously estimated, according to a new paper published last week by the National Bureau of Economic Research. Still, it’s not as bad as the U.S. Estimates by the new World Wealth and Income Database (WID.world) – an ongoing project of the authors, economists Facundo Alvaredo, Lucas Chancel, Thomas Piketty, Emmanuel Saez and Gabriel Zucman – reveal that China’s richest 1 percent actually holds at least double the share of national income originally reported.

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Bill and Melinda Gates celebrate humanitarian investments in letter to Warren Buffett

The Bill & Melinda Gates Foundation’s annual letter is out, crafted as a thank-you note to fellow billionaire and foundation donor Warren Buffett about the benefit and promise of foreign aid. No big surprises in the 2017 Gates Foundation always optimistic annual letter, repeating many of the gains made in global health through expansion of child vaccinations, reductions in child and maternal mortality and the continuing global trend seeing much less of the more extreme forms of poverty. What’s not said in the letter, or is only referred to somewhat obliquely, is perhaps of more significance.

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Myanmar gingerly receives Malaysian aid for Rohingya

A Malaysian ship docked in Yangon, Myanmar, yesterday to drop off 2,300 metric tons of humanitarian aid for Muslim Rohingya in northern Rakhine state and Bangladesh. Amid protests, accusations of political expediency and initial resistance from Myanmar and Bangladesh, the Muslim-majority nation is standing by its call to end the Rohingya crisis.

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