Archive for February, 2017

Chart of the Week: Growth and Inequality

The challenge here is to combine growth with equity. Growth without Equity = widening social cleavage!

iMFdirect - The IMF Blog

By iMFdirect

Versions in Français (French), and Español (Spanish)

In the past two decades, low-income economies have seen a rise in growth, with fewer living in poverty. Yet inequality in many countries has remained virtually unchanged.

A recent IMF paper explains how the design of policies can matter to spread the economic benefits of growth more broadly.

View original post 119 more words

Chart of the Week: Access to Banking Services

Makes a case for more MFIs in developing economies!

iMFdirect - The IMF Blog

By iMFdirect

Did you know that while many people in advanced economies have multiple bank accounts, there are barely two bank accounts for every ten people in low-income economies? Access to financial services is essential to spread the fruits of economic growth to all, not just to the fortunate few. 

View original post 45 more words

Lest we Tolerate Intolerance

A sticky subject gets a balanced search light! well, almost.

Anabagail

In the medieval times, it was a crime to translate the Bible into the languages that could be read and understood by common people. People who tried to defy these laws were captured, charged with heresy and sometimes burned at the stake. If you are one of the more liberal minded albeit religious persons today, you will frown and condemn such acts of intolerance in the dark ages. Back then, you could have been burned for daring to speak up.

In Nazi Germany, simply being a Jew meant you would be targeted. You might end up being burnt in the gas chambers or if you are more fortunate or less depending on which you would prefer, you sent off to a death camp inGermany, Austria or Poland due tothis accident of nature. Thefight against this intolerance led to WWII.

The problems in Nigeria can be traced to intolerance evidenced…

View original post 1,077 more words

When are we going to see again

by

 

Noel Ihebuzor

 

When are we going to see
she asked, her dreamy voice
dripping with desire
and he replied
his voice sober and still
When the sea sings
and seals swim rapids
in slow sweet sync
when the slowest miler
becomes the sweetest smiler
and the time keeper
beckons on Air clad snails
to breast the tape
for the diner of the famished to commence
Yes, when the sea ceases
her never ending swim
in circles of seamless curves
after mermaids hang their laundry on ropes in the sky
And the sky empties its
voice into the willing  sea
We shall see, and sing and swim

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