The Philippine financial system was rocked by the country’s largest electronic heist in its history. USD81Mn was hacked, stolen, and laundered from the US dollar account of Bangladesh Bank (Central Bank of Bangladesh) at the US Federal Reserve of New York and remitted to the RCBC (Rizal Commercial Banking Corporation), one of the Philippine’s largest banks. The whole fiasco turned into a firestorm forcing the resignation of Bangladesh Central Bank governor Atiur Rahman to resign from the top post and prompting the Philippine upper chamber, the senate, to start proceedings for a formal i...
Stefano Zamagni, professor of Economics at the University of Bologna (Italy) and at the Johns Hopkins University in Bologna, and member of the Pontifical Council "Justice and Peace", gave the III ICS Lecture on Humanities and Social Sciences at the Institute for Culture and Society (ICS) of the University of Navarra. In this video, framed in his lecture, reflects on poverty and inequality.
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This article originally appeared in VoxEU.org | Article
Authors: Ingvild Almås, Alex Armand, Orazio Attanasio, Pedro Carneiro
Most conditional cash transfer programmes around the world target women as the recipients of transfers as a means of empowering them and promoting gender equality. However, the mechanisms at work are poorly understood and empowerment is not well defined or measured. This column discusses a new measure of female emp...