Learning from slum dwellers, the question of universal basic income and other top economic stories of the week

A woman carries a bucket on her head as residents burn dwellings in an impoverished neighborhood in Accra, Ghana, June 20, 2015. Bulldozers razed hundreds of homes and businesses in the poor Sodom and Gomorrah neighbourhood of Ghana's capital on Saturday so the authorities can start widening a lagoon to prevent a repeat of this month's deadly floods. REUTERS/Staff - GF10000134520

Image: REUTERS/Staff

Margareta Drzeniek-Hanouz
Deputy Head of Social and Economic Agendas, Member of Executive Committee, World Economic Forum Geneva
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A round-up of the most interesting recent stories on economic growth and social inclusion.

Consumption to replace investment as key to China growth. An overview of the potential implications. (Financial Times)

Image: Financial Times

Learning from slum dwellers. How policy makers can improve the living standards in slums without robbing them of their existing and more valuable social capital. (The Conversation)

Employees have more market power than suspected. Evidence that dominant economic theories no longer explain the job market adequately. (Bloomberg)

Treat money as the public good it is. Will the Swiss revolutionize the current unstable banking system? (Financial Times, paywall)

Should economists make moral judgments? The role of economist when advising authoritarian regimes. (Project Syndicate)

The question of a universal basic income. Policy makers give their opinion why UBI might be the solution. (The Economist, paywall)

Bangladesh launches its supply chain award to boost the economy and improve infrastructure. The government’s novel approach to help Bangladesh in becoming a developing nation. (The Daily Star)

Do Foreign Direct Investments contribute to Rwanda's economic growth? An outline of Rwanda’s economic development. (The New Times)

The most valuable banknote in circulation. Why large-value banknotes are useful for criminal activities. (Quartz)

The changing fortunes of central banking. Leading academics give their opinion on the future role and responsibilities of central banks. (Vox EU)

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