Remittances: the quiet billions that keep whole economies afloat
Migrant workers send home roughly three times what rich countries give in foreign aid, and the fees skimmed from those transfers remain one…
Liam Chen
#Development
Stories tagged “Development”.
9 stories
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What Are the World Bank and IMF? The Institutions That Shape the Global Economy
The World Bank and IMF lend trillions to developing countries — but their conditions are controversial. Here's how they work and why they…
Liam Chen
Africa's Economic Story: A Continent That Defies Simple Narratives
Africa is often described as a uniform story of poverty or of opportunity. The reality is more complex. Here is what the data shows about…
Liam Chen
What Is Globalisation? Pros, Cons and Debates
Globalisation is the growing integration of economies, cultures and people across borders. This explainer covers what drives it, who wins…
Liam Chen
What Is the IMF? The International Monetary Fund Explained
The International Monetary Fund is a global financial institution that promotes monetary stability and lends to countries in crisis. This…
Liam Chen
Planning System Reform: Can Overhauling Local Planning Rules Solve the UK Housing Crisis?
The UK's planning system is under intense scrutiny as the government pledges to build 1.5 million homes by 2029. Proposed reforms include…
Sarah Mitchell
What Is Foreign Aid?
Foreign aid is the transfer of money, goods or expertise from one country to another to support development or relief. Here are the main…
Liam Chen
What Is a Developing Country?
A developing country is one with a lower level of economic development and living standards relative to wealthier nations. Here is how the…
Liam Chen
What Is the World Bank?
The World Bank is an international institution that lends money and expertise to developing countries to reduce poverty. Here is what it…
Liam Chen