10 Must-read economics stories of the week, 12 June 2020




© FAR

The global economy continues to take a pandemic beating, how COVID-19 could spur greater commitment to combat climate change and why some say Africa is the next frontier for the internet. Here’s your list of this week’s most interesting stories, curated by Bank Vice President Dr. Jennifer Blanke.

1. Covid-19 will hit developing countries hard. The permanence of the losses caused by the pandemic depends on the size of the scars. (Financial Times(link is external))

2. Global economy faces unprecedented uncertainty, warns the Organization for Economic Co-operation and Development. Almost all countries set to be financially worse off. (The National(link is external))

3. Can the COVID-19 pandemic spur a greater commitment by global leaders to combat climate change? Why one expert says yes. (Wharton Knowledge(link is external))

4. We recognize human capital. Now researchers have quantified ‘nature capital’ – economic health that comes from nature, like clean water and climate security. (Stanford News(link is external))

5. Diversity in economics. Lack of women and minorities in the field means critical subject areas aren’t being adequately researched. (London Business School(link is external))

6. How socioeconomic status impacts the way we network. Whether we find ourselves on a raft or a yacht, people are united by a need to connect with others. (Harvard Business Review(link is external))

7. The coronavirus outbreak has revealed cracks in the China-Africa dynamic. Beijing's relationship with its African partners is changing, experts say. (Deutsche Welle(link is external))

8. ‘Rolling emergency’ of locust swarms decimating Africa, Asia and Middle East. Unseasonal rains have allowed desert pests to breed rapidly and spread across vast distances, leaving devastation in their wake. (The Guardian(link is external))

9. COVID-19 recovery is a chance to improve the African food system. Even before the COVID-19 crisis, the African food system was ailing. (The Conversation Africa(link is external))

10 Africa is the next frontier for the internet. Expanding network connectivity across sub-Saharan Africa will open up digital services that many people in Western nations now take for granted. (Forbes(link is external))