Analysis

Blockchain’s broken promises

The financial-services industry has been undergoing a revolution. But the driving force is not overhyped blockchain applications such as Bitcoin. It is a revolution built on artificial intelligence, big data, and the Internet of Things.
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Oil’s Uncertain Comeback

As global economic growth picks up practically everywhere, oil producers are becoming increasingly hopeful that the recent impressive price recovery will continue. But, if those hopes are to be fulfilled, not only will producers have to control what they can (by maintaining production discipline); what lies beyond their control (output from shale and the value of the dollar) will also have to work in their favor.
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Securing the Digital Transition

Every year, the World Economic Forum publishes a Global Risks Report, which distills the views of experts and policymakers from around the world. This year, cybersecurity is high on the list of global concerns, as well it should be. In 2017, the world witnessed a continued escalation in cyber attacks and security breaches that affected all parts of society. There is no reason to believe 2018 will be different.
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A Year of Successes in Global Health

In the field of human development, the year that just ended was better than many predicted it would be. A decade after the Great Recession began, economic recovery continued in 2017, and progress was made on issues like poverty, education, and global warming.
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A Bangladeshi prescription for cholera

By now, cholera should be history. For decades, health officials have understood how to prevent the disease, doctors have known how to treat it, and development experts have recognized that with clean water and sanitation, outbreaks rarely become epidemics. Unfortunately, the world is not so simple and neat, and the nightmare of cholera persists.
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Preventing the next African famine

After falling for more than a decade, the number of hungry people in the world is rising once again. This year was marked by the worst global food crisis since World War II, with South Sudan, Yemen, Somalia, and Nigeria either experiencing famine or teetering on the brink.
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Fake Brexit or no Brexit

Since last year’s Brexit referendum, the United Kingdom has been likened to a suicide who jumps off a 100-storey building and, as he falls past the 50th floor, shouts “so far, so good.” This comparison is unfair to suicides. The real economic and political message today is “so far, so bad.”
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