Mission possible: Baghdad is booming
· Summarized
Key takeaways
- Iraq is experiencing a construction boom with significant improvements in public services, largely due to effective leadership and digital advancements.
- Noma in Washington, D.C. serves as a practical example of how increasing housing supply can help mitigate the housing crisis in urban settings.
- Superstitions in Hong Kong illustrate the intricate relationship between cultural beliefs and economic impacts, particularly in how they can influence public behavior and decision-making.
Summary
Baghdad’s Construction Boom and Political Stability
In a significant interview, Gareth Brown discusses the recent developments in Iraq, particularly focusing on the impressive construction boom under Prime Minister Muhammad Shia al-Sudani. Brown highlights how the digitalization of processes, especially in public institutions like the passport office, has drastically improved efficiency, contributing to a happier and more productive society. With security having improved and investments rising, Iraq is seeing infrastructure growth including new hospitals and schools. However, the Prime Minister faces challenges such as managing the bloated public sector and maintaining stability against various militia groups.
Transformation of Noma and the YIMBY Movement
Archie Hall takes us to Noma, an area in Washington, D.C., formerly known as Swampoodle, that has seen a revitalization driven by new housing developments and a metro system. Noma serves as a case study for tackling metropolitan housing challenges through the YIMBY (Yes In My Backyard) approach. Hall explains how the neighborhood's growth has attracted a diverse population, largely comprising individuals in policy roles who advocate for increased housing supply. The success story of Noma exemplifies how urban development can alleviate housing shortages in the broader context of rising costs in major cities.
Superstition’s Stronghold in Hong Kong
Emma Irving dives into the deep-seated superstitions in Hong Kong, where beliefs in the supernatural shape social interactions and even influence economic behaviors. During the Hungry Ghost Festival, residents take precautions against the supernatural, demonstrating the powerful role superstition plays in everyday life. The episode also discusses how figures like the Japanese manga artist Tapduki Ryo can adversely affect tourism through predictions, despite their inaccuracy. Learning how traditional beliefs can drive economic outcomes provides insight into the complex cultural landscape of Hong Kong.
Sponsors
- The Economist · Visit America’s YIMBYiest neighbourhood: the place where Americans actually want to increase the local population.
- The Economist · How superstition in Hong Kong can haunt the economy.
Show notes
Our correspondent meets Iraq’s prime minister Muhammad al-Sudani to discuss the country’s construction boom, its future aspirations and the obstacles that must still be overcome. Visit America’s YIMBYiest neighbourhood: the place where Americans actually want to increase the local population. And how superstition in Hong Kong can haunt the economy.
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