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Scoop.it!
Tax revenues from Silicon Valley giants have made the republic wealthy on paper, but housing and healthcare crises persist 
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Scoop.it!
Thailand today has a network of thriving cities beyond the Bangkok metropolitan area offering a wealth of opportunities to local residents. As urban populations surge, the need for public services, innovative infrastructure, and regular maintenance continues to grow. Take a look at how five cities - Khon Kaen, Chiang Mai, Phuket, Rayong and Nakhon Sawan - in Thailand are collaborating with the World Bank to mobilize finance for urban infrastructure development and sustainable growth.
Graham Watson's insight:
This World Bank clip might get you thinking about a range of issues to do with development, not least the costs and benefits of urbanisation, the role that cities play in promoting development and the role of international financial organisations in providing the funding to ensure that such development is sustainable.
This clip looks at how the World Bank is helping so-called second-tier cities in Thailand grow, and enabling their infrastructure to keep pace with this.
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In Solomon Islands, the impacts of climate change are driving more people to move, uprooting communities and creating population pressures elsewhere. In new research, Local Responses to Climate Change and Disaster-Related Migration in Solomon Islands, we are learning directly from these communities to understand how our assistance can be better tailored to meet the needs of these communities. This is essential when groups are removed from social networks that play a vital role in community resilience. Deepening our understanding of the social dimensions of climate change is essential to building resilience and developing effective policies and programs within the Solomon Islands - and throughout the Pacific region.
Graham Watson's insight:
This partner World Bank clip look at the fact that climate change has driven migration in the Solomon Islands and this has created increased pressure on land use and public services as a result, threatening development.
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The deal came less than two weeks before the limit on US government debt was due to be reached.
Graham Watson's insight:
The US Senate has voted to extend the permissible debt ceiling two weeks before it elapses. This allows the government to run a budget deficit, but perhaps more importantly dodges the prospect of goverrnment having to shutdown, as it has done in the past.
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John Naughton's piece in the Observer offers a nice economic history lesson about the rise of the Celtic Tiger, the embrace of free trade and the tax system that encouraged FDI by large MNCs, particularly in the tech sector.
He brings it up to speed, post-Brexit, but wonders about the extent to which the arrival of big tech, with a new wave of Chinese tech companies seemingly the newest kids on the block, will prove to be a good thing, and, the degree to which this money has been used to disguise a divided economy, with high levels of income inequality and serious structural problems, not least as regards the housing market and the provision of public services. For those people who think that the Republic of Ireland has it cracked - this article might prompt you to think again.