The year 2015 is ending with some positive notes for the Bangladesh economy, though challenges continue to accompany them.
It is perhaps true that unhealthy habits are more concentrated among poor Americans, a disproportionate number of whom are black. But these habits themselves are a consequence of economic conditions, not to mention the stresses of racism.
THE winner of the 2015 Nobel Prize in the field of economics, Angus Deaton, professor of Economics and International Affairs of the Woodrow Wilson School of Public and International Affairs, Princeton University, spent his career working on consumption, poverty and inequality.
Unfortunately, the world's rich countries currently are making things worse. Foreign aid – transfers from rich countries to poor countries – has much to its credit, particularly in terms of health care, with many people alive today who would otherwise be dead. But foreign aid also undermines the development of local state capacity.