Hong Kong, Paris and Santiago are relatively rich but restive. A development economist explains why

by Rashmee

Posted on October 30, 2019


I’m rivetted by Jeffrey Sachs’ analysis of why rich cities rebel. Paris, Hong Kong and Santiago, he recently pointed out, have been unquiet, mutinous places this year mostly because they’re burdened by “a sense of unfairness”. Quite. How and why is this the case? According to Professor Sachs, who teaches sustainable development at Columbia University, … Continue reading “Hong Kong, Paris and Santiago are relatively rich but restive. A development economist explains why”

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Humans can no longer wait for a recession to consume less

by Rashmee

Posted on September 4, 2019 / The National


Let’s face it, an economic slowdown is probably good for climate change. Last week Sir Ian Boyd, the UK government’s chief environmental scientist, called for a complete change in how the country measures economic growth. If it’s by gross domestic product (GDP), he said, rather than metrics such as environmental security and a relatively stable … Continue reading “Humans can no longer wait for a recession to consume less”

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How should society’s progress be measured? Not by GDP, says this Nobel laureate

by Rashmee

Posted on December 11, 2018


  Instead of Gross Domestic Product, how about wellbeing? Economist and Nobel Laureate Joseph Stiglitz has been making the case for going beyond GDP. Fresh from an OECD experts conference of mostly rich countries in Incheon, South Korea, Professor Stiglitz has written a piece on Project Syndicate. Click here to read it. If you don’t, … Continue reading “How should society’s progress be measured? Not by GDP, says this Nobel laureate”

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Rashmee has lived and worked in several countries in the past decade, including Afghanistan, India, Haiti, Tunisia, the UAE, US and UK