By Chermaine Lee
Imagine this: if your beloved one was diagnosed of a fatal cancer, dealing with heartbreaks aside, you had to start borrowing money for the treatment. Taking a few more part-time jobs was barely enough to pay for the expensive drugs, not to mention the ever-growing debts.
By Alfred Romann
The backlash against global trade and the resurgence of protectionism is increasingly evident, mostly out of the U.S. This push flies in the face of decades of increasingly fluent globalization.
15 November 2016
The economics of misplaced anger
Fast growing Asian countries have “eliminated” poverty at an astonishing speed, bringing people out of extreme poverty into mere gut-reaching poverty.
At first blush, the numbers are suggesting of a hopeful future. In 1990, about a third of the people in the world lived on less than US$1.90 a day. By 2013, it was just 10.7%. In actual numbers, that is 1.85 billion in 1990 compared to 767 million in 2013. A second glance puts in perspective the anger of many people in the world, and not in a good way.
11 April 2016
Why the switch from coca to cacao is hard to do
There are few issues with just two sides or a clear right and wrong.
This is a recurrent theme for us and one that Sergio Held makes quite clear in a recent story for Ozy that considers the difficulty that Colombia is facing in cutting down on drug production.
7 April 2015
Environment, productivity and work hours are all big issues
Asia is home to some of the largest urban centres in the world.
Jakarta, in Indonesia, is home to some 25 million people. Manila is huge. Tokyo and Seoul are both large. Smaller Hong Kong and Singapore are large by any standard. High urbanisation rates are making these cities even larger, but not necessarily more sustainable.
As Cornelia Zou reports in China Daily Asia Pacific last week the challenges are quite significant, but so are the opportunities for Asian cities to start taking issues of sustainability seriously and make significant leapfrogs in terms of the environments, quality of life, education, even work hours and governance.
24 April 2014
When major earthquakes all but destroyed Sumatra, in Indonesia, in 2004, a well-established tradition of volunteer labor made it possible for the region to recover. Known as gotong royong, volunteer labour was key to the reconstruction of irrigation systems and the restoration of rural livelihoods.