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Big Data for Poor Students

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Big Data for Poor Students

WASHINGTON, DC – Countries need skilled and talented people to generate the innovations that underpin long-term economic growth. This is as true in developed as it is in developing economies. But it will not happen without investment in education and training. If we are to end poverty, reduce unemployment, and stem rising economic inequality, we must find new, better, and cheaper ways to teach – and on a vast scale.

 

The Democratic Disruption of Finance

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The Democratic Disruption of Finance

LAGUNA BEACH – There seems to be no limit to the exciting possibilities that come from combining technical innovations, the Internet, and social media. It is a phenomenon that has been revolutionizing journalism and entertainment; and, by helping to overcome coordination challenges, it has also had political consequences in a growing number of countries – all of which means an ever-evolving set of opportunities and risks. What is less appreciated, however, is the extent to which a broadly similar phenomenon may be starting to play out in finance, via a democratization process that could gradually reconfigure a notable part of the institutional landscape, particularly in consumer finance, while challenging regulators to adapt.

 

The Future of the Captured State

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The Future of the Captured State

WASHINGTON, DC – Concerns about state capture are nothing new. Special interests hold undue sway over official decision-makers in many countries, and regulators are always prone to see the world through the eyes of the people whose activities they are supposed to oversee. But the rise of finance in industrialized countries has cast these issues in a new, much harsher light.

 

In an unequal world, we need inclusive growth

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In an unequal world, we need inclusive growth

For a very long time, the rich have known to some extent how the poor around the world live. What’s new in today's world is that the best-kept secret from the poor, namely, how the rich live, is now out. Through the village television, the Internet and hand-held instruments, which a rapidly increasing number of the poor possess, life-styles of the rich and the middle class are transmitted in full color to their homes every day.

 

Self Discovery

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The greatest discovery or invention any one could ever make is not gold mine, or crude oil exploration but self discovery. Of the two billion people on the face of the earth science has proven that no two person is the same, they may look alike but they are different. This tells me how unique and special God has created you, with unique potential many are yet to discover. The worst thing that could ever happen to any man is not death or imprisonment or whatever you consider a bad experience but dying without discovery of purpose. The grave has been said to be the richest place on earth because many people die without discovering or fulfilling the purpose of God for their lives.

 
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