The global cashpoint – remittances, mobiles and the unbanked; expat disillusion; defending UNCTAD; organic v chemicals; sharing solutions: links I liked
May 8, 2012
‘In 2011 remittances to poor countries totalled $372 billion…. In 1970 46% of recorded remittances were reckoned to originate in America. By 2010 America’s share was just 17%. One big new player is the Gulf.’ Excellent update on the rise and rise of global remittance flows (now = three times global aid flows and – unlike aid – still rising fast).
‘In Kenya, a staggering 68% of adults use mobile money (by far the highest rate in the world, partly because regulation is extremely light) [compared to] more than 40% also have ordinary bank accounts.’ But according to the Economist, high rates of mobile banking extend far beyond East Africa (see map – the darkest shade means over 40% of people have used mobile banking).
Don’t pack away those fertilizers just yet. A comprehensive review of research on organic v chemical agriculture concludes that organic yields are significantly lower, although it varies a lot by crops (strawberries and soybeans do better).
Solution to world hunger? Ask the kids – sweet. [h/t Alex Evans]