tv Business Deutsche Welle October 14, 2019 12:30pm-12:46pm CEST
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until now we see a story going on in my city has. an exclusive report from a destroyed city. philippines in the site of my last starts october 24th on d. w. . illiam. the last of the nobels the prize for he goes to 3 economists from india europe and the u.s. for their work on the red occasion poverty will have a closer look at the 3 laureates. beating the downturn greek style how 3 young mothers became the most successful founders in greece. this interview business and i'm going to help us in berlin welcome the 2019 obo prize for economics has been awarded jointly to. as to do flow and michael credit
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for their pioneering studies on poverty the trio world war the prize for quotes the experiment the experimental work in alleviating global poverty energy into flow work at the massachusetts institute of technology and works at harvard in the us the economics prize is technically not a nobel prize as such it was 1st awarded in $169.00 by the swedish central bank as an add on to the other nobel prize for economics prize from stop a noble season so far has only seen one female or it. mark colleague rowboats has looked deeper into the 3 winners and their work of this story rope who are the 3 water have they done that is a revolution so they are less to do flow who is a french economist she works at the massachusetts institute of technology also abit bana g. who is instantly a city flows husband also works at the massachusetts i know he's from mumbai so an
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indian never laureate which we haven't had many of certainly not in economics normally they tend to be from the united states and the 3rd person in inevitably is michael kramer who is at harvard university and all 3 of them have been working on as you mentioned alleviating poverty now there's a phrase that the nobel laureate used the nobel committee as was being a what if that experimental approach to alleviate what is the evolved yeah so the key word there is experimental what these 3 have pioneered is going to areas of great poverty in the world around 700000000 people in extreme poverty around the globe and carrying out experiments there to work out directly what the effects of public policy actually have on those people and from that we would not go in models some theoretical thing but to actually go to go there and find out what it's like
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yeah they said that their aim is to have actual scientific backing for public policy rather than just this idea of what someone who lives in poverty is like and a series of numbers that dictate how they potentially should have. then or press for economics is not like the other nobel prizes but what's different briefly if you can well so it's not one of the prizes that were set out by alfred nobel in his will when he died some 120 years ago the economics prize was set up 50 years ago this year by the swedish central bank says it's a bit different in that risk. there are members of the economic community that say it shouldn't exist because it's not a science and the theories that suddenly get this huge amount of attention i'm not precise enough but then again there are economists all around the world who are working very hard in the hope of winning this nobel prize reports thank you very much thank the chinese network supplier
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huawei is allowed to supply components for a new 5 g. mobile network in germany that's according to a paper from german regulators leaks to the humble splot newspaper several countries including the u.s. japan and australia imposed blocks on while they fear that mobile phone components from who are way could be used for a sphere not by the chinese government germany also initially discussed a clause that would block 12 ways access to the german market. and for more on this we go live to france to talk was funded by who joins us from the. germany now trust way or do they simply realize they can live with the.
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i think they realize they can't live without them who just has state of the art technology and germany will have its own list of safety security issues that it has catalogued and well way will have to fulfill them as any other competitor will have to but germany is way woefully behind on internet standards many companies many parts of the country complain that they're not competitive enough because of it and there should be a big bang with 5 g. many hope and with the best technology available it will be the rumors going around that v.w. is planning to sell one of its crown jewels book and tell us about the. yes it's a lamborghini a small but indeed a very exclusive company making exclusive products rather super fast sports cars super expensive super gas guzzlers of course also and lamborghini from the get go was seen as a pet project of fadi not ph he was seen as the patriarch of the v.w.
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group a former c.e.o. former head of the supervisory board part owner and he just died this year and it's known that the c.e.o. have but these funds to have a very close look and possibly get rid of non core activities and focus on v.w. audi porsche and have the money from proceeds from a sale like the unit lamborghini flow into other more useful things from jesus point of view like e cars only balance of frankfurt thank you. though of the economic crisis hit greece roughly a decade ago millions of jobs were lost many people went on welfare but some just was used to give up and found that their own companies 3 young mothers behind a start up connecting parents with babysitters they have become one of the most successful startups in greece. is on her way to work she's
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a teacher but she also looks after children of tourists who would like to see the science without kids in tow it's a service offered by nuka which registers certified educators on their platform for the teacher maria it's a 2nd job. it's not just when i graduated a couple of years ago i was lucky enough to find this job in addition to my other job it helps me support myself financially during the difficult times we live in many people in my generation are moving abroad but i decided to stay here and work for that new car is a start up sounded 5 years ago by leila drita along with 2 other mothers they only encountered the same problem back then and struggled to find trusted babysitters and childcare. and we created a new car to come waited in line so that it actually greeted families to characterize not just for the children but for their houses. for the elderly people
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but that was difficult in the middle of greece's economic crisis in response to if the government mainly raised taxes it wanted to achieve the economic goals it had promised international lenders but a lot of bureaucracy remained in place which discouraged investors newco was short on funding. at that following we were thinking for funding so that. investors need to have a stability so we moved the headquarters outside agreed. and we managed to have. we managed to find some investment. no new guy has become one of the most successful startups in greece even winning prizes all employees are background checked in sourced by the company but no new guy has shown me that if you seize opportunities it can open up a path for you by. the platform means maria can stay and work in greece as
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a teacher while helping parents and children from abroad visit her country. project development agencies and these european government is trying to boost the export of avocados to feed rising demand here in europe. for the 1st time in his life. as harvesting his avocados for sale abroad he is currently one of the few ethiopians to export the famous super food most farmers still sell to the local market. locally we cannot sell in major bulk only in small retail quantities i'm hoping to sell at a higher price for the export market. to exploit ethiopia's of account of potential development agencies the ministry of agriculture and the private sector have set up a project for small scale farmers like him. the goal is to make ethiopia competitive on the international avocado market this year the fruit is mainly bad
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for the u.k. . farmers are encouraged to increase productivity through modern on environmentally friendly methods this starts right in the ceiling nursery where young plants are grown using a grafting technique that mixes 2 varieties to grow stronger tree or 30 minute. in the nursery the seeds are grown and maintained and made accessible to the farmers they are able to get seeds which are not easily available so it's beneficial to farmers are improving their status and they become more productive. ethiopia's climate and soil are perfect for avocado farming with a potential yield perfect air about turkey percent higher than in israel but convincing farmers to stay away from the local market is still a challenge the interest is however growing every year. and. people see that we're becoming constant in our work so they become interested and also set up
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cooperatives to start saving money and here we work together in a cluster of interconnected lines we share the irrigation system and the expenses such as security guards. at the. logistics are another obstacle it still takes up to one month for avocadoes from the northwestern part to bt opiah to reach european supermarkets the current cold chain system is also lagging behind. of the main challenge. not just to. the controller. but still we have to work to make it show the fish and see any of these things were. but according to over a kahaani it is difficult for farmers to adopt his long term vision a newly planted avocado tree will only bear fruits after 2 years too long for many farmers that. used to use we show them that.
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will still. make into cropping in between called a lie can be death maize for the farmer is easier to accepted because it knows it can still have the on. this year the target is to export 20 tons while this is still far off a commercial export level. is convinced ethiopia has the potential to one day compete with mexico which is currently exports in about $1000000.00 tons of opic otto's a year. from me and the business in. a hurry much for watch.
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who have already been the boy and those that will follow are part of a new kind of. they could be the future of the economy. granting opportunities global news that matters d. w. made for mines. this week on world stories. germany 30 years after the end of east germany russia the stalin god statue gets a facelift we begin in greece where more than 10000 refugees including a large number of children are still housed to camp morea on the island of lesbos the conditions of the camp are horrific. this tent outside greece's largest
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refugee camp is home to 4 people. i man who fled syria has been living here for close to a month the morea campus 4 times over its capacity so thousands are forced to live in the surrounding all this growth. over a cup of tea i'm on tells us what life in the camp is like a crowded dirty and dangerous and every day every day fight that's normal no fighting if your father there are fighting inside. yeah. yeah but there we are here. we don't want we don't want the problem with anyone. but problems in moria hard to avoid a fire broke out at the end of september in the camp and at least one person died residents rioted in anger as the firefighters put up the flame and they broke into administrative offices.
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