This interesting report by the @WorldBank touches on how developing countries can better benefit from AI. Three building blocks: Digital infrastructure, human capital and private investment.
Discover how AI is transforming education in Sub-Saharan Africa. Learn about Somanasi, an AI chatbot in Kenya, bridging the learning gap and empowering students. Dive into the World Bank's latest insights on AI governance. https://t.co/WoAPsfHFAV
The Knowledge Compact is a very effective approach to expand countries’ access to all the information and data produced by the @WorldBank . It benefits from AI to better analyze this information.
For 80 years, knowledge has been key to the World Bank. We're now refocusing as a knowledge mechanism, bringing experts to work directly with governments to craft development plans that blend ambition with expertise. Learn more: https://t.co/FHDGIrSFes
Las estimaciones de variable instrumental, indican que las remesas tienen efectos positivos en los precios de viviendas ubicadas en zonas de estrato bajo. Además, este efecto es aún más positivo en periodos en los que aumenta la tasa de desempleo.
Hola a tod@s me permito compartir este documento de trabajo, trabajo conjunto con Sergi Basco, en donde utilizamos microdatos del mercado de vivienda nueva en Colombia e información de remesas de la balanza de pagos. Encontramos efectos heterogéneos sobre los precios de vivienda.
El #BorradorDeEconomía indica que los choques macroeconómicos internacionales pueden tener efectos adicionales en el mercado de vivienda doméstico a través de su impacto sobre la cantidad de remesas que envían los migrantes.
Documento completo 👉 https://t.co/xXPeOuSOBO
The announcement by Facebook about Libra in 2019 made the Bank of England focus on the regulation of stablecoins and the possibility of issuing their own digital currency. No decision on this CBDC has made yet, according to this speech.
How does the Bank of England deliver trust and support innovation in money and payments?
Read a speech by Sarah Breeden, Deputy Governor for Financial Stability, here: https://t.co/yzgrqLGzk1
@InnFin#IFGS2024#InnovateFinanceGlobalSummit#WhereLeadersMeet
Key interest rates were kept unchanged in the Euro area due to rising wages and low unemployment rate that will maintain some prices rising above 2%, according to:
Today we kept our key interest rates unchanged.
🔹Our past interest rate hikes are helping to push inflation down
🔹Future decisions will depend on how we see the economy and inflation developing
Read more about today’s decisions https://t.co/5yequLLRub
There are traditional and emerging risks on banking. Some the new risks can be associated to the culture of technology and start-up companies about implementing fast innovations and new business models. New technologies should be well understood and well managed. According to:
While Increasing populations and income lead to higher demand for water, environmental degradation and climate change lead to lower water supply. In fact, drought episodes are happening more frequently in some regions of the planet, according to this report.
💧60% percent of the global population experiences water stress for at least part of the year.
Watch the #ExpertAnswers with @ezaveri and Richard Damania to discover the economic consequences of worsening droughts in low- and middle-income countries. https://t.co/NlAh8Frk5d
Global remittances will likely continue to increase due to growing migration from developing to developed economies. In addition, the costs of sending remittances will probably decrease with digital technologies, according to:
Global remittances reached a record $647 billion last year and will continue to grow in the coming decades, the @WorldBank’s Dilip Ratha writes in our Back to Basics explainer. https://t.co/CoEyLiL4xy
Se van recuperando los niveles de ahorro agregado en Colombia que habían caído fuertemente con el fin de la emergencia sanitaria, como se ve en la gráfica. Buena noticia porque esto permite un mejor balance macroeconómico.
#ReporteDeEstabilidadFinanciera “En línea con la desaceleración en el gasto y en un contexto de menor endeudamiento de los hogares, el ahorro bruto sigue recuperándose y se acerca a los niveles prepandemia” @caqm231, director de Estabilidad Financiera @BancoRepublica
‼️ Te presento mi artículo más reciente, « Time stationarity, shape and ordinal ranking bias of RCA indexes: a new set of measures », coescrito con @RemiStellian de la @UniJaveriana y @jnojeda del @BancoRepublica
📌En: https://t.co/QFwnC5wtwS
¡No te pierdas los detalles! 👇🏻👇🏻
According to this report, the increase of participation of services and manufacture employment has made the employment mix closer to the average mix of the whole US.
More than ever, the employment mix in Texas resembles that of the nation. Meanwhile, the distribution of industry GDP sources has diverged from the nation, paced by the shale oil boom that began in the late 2000s. Read more here: https://t.co/ma4Fk2dCPd
This research conference will be available to attend on-line. It will be very interesting to better understand the alternative approaches to measuring full employment and the debates about its relation with inclusion and inequality.
You are invited to attend the Boston Fed’s 2023 Economic Research Conference, “Rethinking Full Employment,” via livestream on Nov. 17-18. Learn more: https://t.co/zDkypl061Z #BostonFedEcon67
1/3 #Articulo | Se realiza un análisis crítico de 3 indicadores de ventajas comparativas y se propone una nueva clase simétrica, basada en la estructura general del comercio, que evita el sesgo por tamaño e incluye el PIB per cápita #EconTwitter
👉🏻https://t.co/uIwHMu9lKG
2/2 Don't miss the opportunity to gain a deeper understanding of this concept by reading this article. These resources provide valuable guidance in choosing the most reliable RCA index for specific countries, products, and time periods 👉🏻 https://t.co/x6oiQP0dyH #EconTwitter
1/2 If you are a student of International Trade or a researcher seeking to enhance your understanding of Revealed Comparative Advantage (RCA), its more accurate measurement, and its characteristics, we invite you to read our article. 👉🏻https://t.co/x6oiQP0dyH @BancoRepublica +👇🏼
BoE proposes regulation for stablecoins, a digital currency service provided by the private sector, based on GBP, and focused on retail payments only in the UK.
We have published a Discussion Paper setting out the Bank’s proposed regulatory regime for systemic payment systems using stablecoins and related service providers: https://t.co/xtlbDN4Fqd
Share your views on the regime by Tuesday, 6 February 2024: https://t.co/AiICZomiDn