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This blog is a global conversation among young people on poverty and other development-related issues. It's maintained by the World Bank's Youthink! team

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Trade

People in Transit

Submitted by Christine Cassar on April 30, 2009 - 11:37

The Mediterranean—a basin of cultures, the demographics of which, it seems, invite both appeal and criticism…

Gone seem to be the days when water was the key in a process of communication; where those living along the coasts would be absorbing, assimilating and partaking in diversity and exchange. Routes were sea, not land. Trade was linked to ports, transport to ships, and movement to waves.

Finance, food, and farming

Submitted by Nicholas Lembo on April 10, 2009 - 11:15

The ongoing financial crisis has had many effects throughout the world. Political leaders are coming and going from office, banks are being bailed out, and central banks are pumping billions of dollars of borrowed money into securities to boost investor confidence.

 
With such high-level people and institutions involved, the media often overlooks how the financial crisis is affecting people in developing countries. One of the most serious problems, besides huge worldwide job losses, is the continuation of the "food crisis".

Making a Difference in Style

Submitted by Saadia Iqbal on March 3, 2009 - 13:57

fabricTalking about fashion sounds kind of frivolous when the world faces so many serious problems of poverty and hunger. So, when I heard about an event called Fashion for Development, my initial reaction was that it sounded like an oxymoron. Still, I decided to check it out, and realized the word “fashion” was a bit misleading. The issue really concerns clothes in general, no matter how trendy or untrendy.

One tariff, two tariff, red tariff, blue tariff

Submitted by Nicholas Lembo on February 9, 2009 - 20:34

There's been a lot of crowing in Washington these past few days. As the US, and the rest of the world, try to navigate through our current financial crisis and recession, governments are increasingly turning to fiscal stimulus packages in attempts to boost domestic economies. 

The idea is simple enough. Fiscal stimulus is basically a fancy way of saying that the government will borrow money, either from its citizens or other countries by issuing bonds, to spend on infrastructure renewal, industrial development, or even tax cuts for corporations and citizens. It's difficult for even the world's best economists to really determine how effective such programs are in the long term but as unemployment continues to rise around the world, policymakers are beginning to wonder whether they have any other options.

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