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Aid and development links: India's cash chaos, controlled trials under fire and more

India's sudden ban on high-denomination bank notes causes trouble, what's wrong with randomised controlled trials, labour abuse accusations in Malaysia and more

Long queues as customers wait to exchange banknotes
Long queues as customers wait to exchange banknotes

  • The chaos caused by India’s sudden ban on high-end bank notes that represent 86% of all cash in circulation continues. The Economist warns that 'it could, in fact, turn out to be the worst mistake of Mr Modi’s career', while The Guardian assesses the political ramifications this will have on upcoming elections.
  • Samsung and Panasonic have been accused of supply chain labour abuses of migrant workers in Malaysia.
  • Angus Deaton and Nancy Cartwright provide a summary of their critique of randomised controlled trials that has caused quite a stir in ‘Randomista’ field of development economics.
  • Esther Duflo and Abhijit Banerjee, some of the principal advocates of RCTs, provide some interesting commentary in a teaser for a forthcoming book on the subject.
  • The Economist has jumped on recent research that has shown how the TOMS model of capitalism philanthropy has failed, and how they are trying to fix it.
  • While a Kenyan General may have been dismissed for his role in the UN Peacekeeping debacle in South Sudan, it turns out it was Chinese troops who abandoned their posts. This revelation comes as part of a broader WSJ piece on China coming to terms with the price of global power.
  • For the deeper development thinkers out there, Chris Roche makes a guest appearance on From Poverty to Power discussing ‘Overcoming Premature Evaluation’.

Photo Anindito Mukherjee/Bloomberg via Getty Images

 

 




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