Basics

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Does $40 billion leave Africa each year? It’s complicated

A new headline-grabbing report shows that despite all of the aid money, remittances sent home from expats and loans sent to Africa, $40 billion more is actually leaving the continent in the form of debt payments, tax avoidance and resource extraction. But some question the figures, and argue that the report doesn’t tell the whole story.

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India’s ‘successful’ toilet campaign may be missing its mark

India’s campaign to end open defecation has been widely celebrated by officials as an innovative and aggressive success. Even Bill Gates recently declared that the country is “winning its war on human waste” with a 360-degree video. But independent surveys and investigations have come to a vastly different conclusion – that victory, unfortunately, is not in sight.

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Report says basic income may not reduce poverty, advocates firmly disagree

As the global economy stares down the barrel of rising inequality and increased automation, more countries are toying with the idea of a universal basic income. But a new report by the Organization for Economic Cooperation and Development (OECD) is less than enthusiastic, saying that without significant tax hikes, a basic income would do little to reduce poverty and even exacerbate it in some cases.

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