The world’s poorest countries have experienced a brutal decade
T here are now a billion fewer people subsisting on less than $2. 15 a day than in 2000. Each year since the turn of the millennium, a cast of aid workers, bureaucrats and philanthropists, who often claim credit for this extraordinary plunge in extreme poverty, has met on the sidelines of the UN’s General Assembly to celebrate progress in their catchphrase-cum-targets of “sustainable development goals”. When on September 22nd the latest gathering begins in New York, many will once again be feeling pleased with themselves.
That will worry many in Silicon Valley
The thread from shipwrecks and sheep flocks to digital currencies
The bold move carries economic and political risks
Jerome Powell could still surprise on the hawkish side
Even though they are not very good at it
The country’s economy is thriving yet the krone is becoming less and less valuable. What’s going on?
https://www.economist.com/finance-and-economics/2024/09/19/the-worlds-poorest-countries-have-experienced-a-brutal-decade