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Change Lab x Paths Academics Women remain underrepresented in the labour market. Globally, the female labour force participation rate is roughly 47% versus 72% for men; this amounts to an average difference of 23.1% in overall working-age employment rates. Gender differences in laws affect both developing and developed economies, and women in all regions. Globally, over 2.7 billion women are legally restricted from having the same choice of jobs as men. Over 69 economies have

By Mr Lin(Investment Banker) Poverty entails far more than insufficient income; it consists of the comprehensive deprivation of survival resources, education, healthcare, social security and the right to development. It is categorized into two types: absolute poverty (extreme poverty) and relative poverty. To this day, the global poverty reduction agenda has been severely set back by cascading shocks including the COVID-19 pandemic, geopolitical conflicts, inflation and the c

By The Change Lab Inflation is one of those economic terms everyone hears about but rarely stops to think about—until it hits their wallet. One day your usual grocery shop feels normal, and the next, it somehow costs 20% more. No warning, no obvious reason—just a quiet squeeze on your spending power-it hits you hard. At its simplest, inflation means prices are rising. But the story behind it is more interesting. Sometimes it is driven by booming demand—people are spending mor

By The Change Lab Foreign aid is often described as generosity made visible and thus it shocks many to say that foreign aid often hurts, rather than helps, poor people in poor countries. Mark Littlewood, Director-General of the IEA, commented that ‘government foreign aid does not aid development and in many cases hinders it.’ Deaton, an economist at Princeton university, argues that the rich world may actually be corrupting nations’ governments and slowing their growth by pro

From Ruin to Renewal: Busan and The Making of Tomorrow’s Sustainable Ports By The Change Lab Never before has climate change held such a profound relevance for the global community as it does today. The challenges caused by climate change resonate deeply with our shared global future, threatening the very survival and resilience of our cities. By increasing the number of extreme weather events such as flooding and heatwaves, it puts pressure on cities’ infrastructure and

Poverty is a complex issue that affects millions of people worldwide. It is not just about the lack of money; it encompasses a range of social, economic, and political factors that contribute to the deprivation of basic needs. Understanding the causes of poverty and exploring effective solutions is crucial for creating a more equitable society. In this blog post, we will delve into the multifaceted nature of poverty, its root causes, and potential solutions that can help alle

Financial crises can strike unexpectedly, leaving individuals and businesses scrambling to adapt. Whether it’s a sudden economic downturn, a personal financial emergency, or a global pandemic, knowing how to navigate these turbulent times is crucial. In this blog post, we will explore practical strategies to help you manage financial crises effectively, ensuring you emerge stronger and more resilient. Understanding Financial Crises Before diving into strategies, it’s essentia