These are some of the views and reports relevant to our readers that caught our attention this week.
Corruption Perceptions Index
2015 showed that people working together can succeed in fighting corruption. Although corruption is still rife globally, more countries improved their scores in 2015 than declined. Five of the 10 most corrupt countries also rank among the 10 least peaceful places in the world. Northern Europe emerges well in the index – it’s home to four of the top five countries. But just because a country has a clean public sector at home, doesn’t mean it isn’t linked to corruption elsewhere.
An Economy For the 1%
The global inequality crisis is reaching new extremes. The richest 1% now have more wealth than the rest of the world combined. Power and privilege is being used to skew the economic system to increase the gap between the richest and the rest. A global network of tax havens further enables the richest individuals to hide $7.6 trillion. The fight against poverty will not be won until the inequality crisis is tackled.
The freedom ecosystem
Deloitte University Press
How many slaves work for you?” Blunt as it may be, this question speaks to a harsh reality. According to the International Labor Organization (ILO), more than 21 million people are globally enslaved. These individuals are victims of the world’s fastest-growing illicit industry, generating an estimated $150 billion of illegal profits each year. From the overseas supply chains of our favorite products to domestic workers in our own neighborhoods, we all directly and indirectly touch slavery, and by working together can help abolish it. While the problem of modern slavery is a persistent and hidden crime, those working to end it are crippled by three significant challenges: prevailing gaps in collecting and sharing data, limited resources to address slavery, and a challenging policy environment.
Facebook Learns To Make Money Where There Isn’t Much
$0.32. That’s the tiny amount Facebook used to earn off each user in the developing world at the beginning of 2012. It was understandable. Many of the citizens of India, Brazil, and Mexico don’t have a lot to spend. That was hard on Facebook’s bottom line. These people’s homes didn’t have high-speed mobile networks or them couldn’t afford them, which meant loading the ad-filled News Feed was an agonizing experience. They were on feature phones or older smart phones with small screens so ads didn’t look that enticing. And some simply didn’t have the buying power to purchase what advertisers typically sold in other markets.
2016 Index of Economic Freedom
The Index, a data-driven, comprehensive assessment of economic freedom in countries on every continent, is about more than just country rankings. It is an exploration into the sources of enduring economic dynamism and how they relate to each other in ensuring opportunities for the greatest number of people. The 2016 Index, our 22nd edition, once again provides ample evidence of the benefits of economic freedom, both to individuals and to societies.
Could Solar-Powered Drones Deliver Electricity To The Developing World?
Distributed energy systems are a good idea for homes that aren't hooked up to the grid. But distributing solar panels to remote areas in the developing world is hard. That's why Mobisol, a German installer, is testing whether drones could do some of the heavy lifting. "The last mile can be a headache, and, since we have a couple of engineers who can develop drones, we thought maybe there's a leapfrog we can make in how we bring appliances and pieces of kit to a customer," says Thomas Duveau, the company's business development manager. Every Mobisol customer has a solar home system that can be put to productive use, he says. The company is testing the idea that it could put a little recharging station on every customer's roof—that way drones could move around, say, large areas of Rwanda or Tanzania. In other words, Mobisol's customers would become part of the drone network, offering their rooftop panels as micro-charging stations. In return, customers would get credits on their bills, offsetting their monthly repayment costs.