Economic Development

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Poor maritime connectivity hurting weaker, smaller nations

A United Nations report out Wednesday revealed the poor maritime connectivity continues to keep smaller and weaker economies from reaching world markets, highlighting the need for evidence-based improvements to trading systems and procedures to address these challenges. “Planning and forecasts can be significantly improved if data on maritime transport networks are included in the relevant

2017-10-28T04:22:41-05:00Tags: |

Decade of data shows FEMA flood maps missed 3 in 4 claims

An analysis of flood claims in several southeast Houston suburbs from 1999 to 2009 found that the Federal Emergency Management Agency’s 100-year flood plain maps — the tool that U.S. officials use to determine both flood risk and insurance premiums — failed to capture 75 percent of flood damages from five serious floods, none of

2017-09-20T07:33:33-05:00Tags: |

Long-simmering factors derailed economic recovery

The U.S. economy historically tends to thrive after a recession with gross domestic product (GDP) annual growth rates rising above 4, 5 and even 7 percent. The U.S. economy’s slow recovery is rooted in factors that existed well before the Great Recession, according to Stanford economist Robert Hall. That hasn’t been the case since the

2017-08-11T04:16:06-05:00Tags: |

Growth in Africa Has Bypassed Millions

The importance of tackling inequality in Africa cannot be overstated. Inequality is undermining growth and threatens to reverse the gains that have been made in the fight against poverty. Four of the world’s five most unequal countries are in Africa. In South Africa, three billionaires own the same wealth as the poorest half of the

Tech Awards Pick Biggest Hits From 15 Years Of Anti-Poverty Honorees

Great ideas are a dime a dozen. The question is: How do you get 'em to stick? That's the theme of this year's Tech Awards. The annual program, hosted by The Tech Museum of Innovation in San Jose, Calif., shines a spotlight on startups that use technology to make lives better in poor countries. But

Turning Kenyan safaris into economic development hubs

In East Africa, native tour guides have formed an organization that is transforming the future of African wildlife and Kenyan safari travel. Maasailand is the heart of a billion-dollar tourism industry on which the Kenyan government relies and which directly employs over 100,000 people a year. The Maasai Mara Game Reserve alone hosts one-fifth of