Recent Articles

J. Bradford DeLong: The Greater Depression

September 30, 2014 | By More
J. Bradford DeLong: The Greater Depression

First it was the 2007 financial crisis. Then it became the 2008 financial crisis. Next it was the downturn of 2008-2009. Finally, in mid-2009, it was dubbed the “Great Recession.” And, with the business cycle’s shift onto an upward trajectory in late 2009, the world breathed a collective a sigh of relief. We would not, […]

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Noam Chomsky: Unravelling Established Truths

September 29, 2014 | By More
Noam Chomsky: Unravelling Established Truths

It is hard, if not downright impossible, to gain the upper hand in a debate with a logician who is a walking, and talking, encyclopaedia to boot. Noam Chomsky, a self-styled anarcho-syndicalist and a linguist of great distinction, is not easily swayed and will vigorously defend whatever outlandish position he has adopted. To his many […]

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World Bank Supports Increased Financing for Medium & Small Businesses in Nigeria

September 26, 2014 | By More
World Bank Supports Increased Financing for Medium & Small Businesses in Nigeria

The World Bank’s Board of Executive Directors today approved a US$500 million International Bank for Reconstruction and Development (IBRD) credit to increase access to finance for medium and small scale enterprises (MSME) in agriculture, trade, light-manufacturing, and services. These will stimulate economic growth and create jobs. The Development Finance Project will provide stable funding to […]

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New Report Identifies Major Clean-Tech Market Opportunity for Small Businesses in Developing Countries

September 25, 2014 | By More
New Report Identifies Major Clean-Tech Market Opportunity for Small Businesses in Developing Countries

Small and medium-sized enterprises (SMEs) in developing countries can generate significant growth and create jobs by seizing a potential $1.6 trillion market opportunity in clean technology. Latin America and Africa are among the largest markets for SMEs in clean technology with potential market sizes of $349 billion and $235 billion respectively. SMEs are key drivers […]

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New UN Report Calls for Major Changes in Global Economic Governance, Management

September 24, 2014 | By More
New UN Report Calls for Major Changes in Global Economic Governance, Management

Six years after the start of the global economic and financial crisis, the world economy has still not found a sustainable growth path, argues a new United Nations Conference on Trade and Development (UNCTAD) report released on September 10, 2014.  The study, subtitled Global governance and policy space for development, suggests that “getting back to […]

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World Bank Group, FAO Aim to Boost Women’s Land Ownership in Central Europe

September 23, 2014 | By More
World Bank Group, FAO Aim to Boost Women’s Land Ownership in Central Europe

Women’s land ownership in the Western Balkans often involves a complex web of statutory, customary, and religious laws. World Bank and FAO teams worked with national partners to devise 11-month pilot work plans for their countries to boost female land ownership. In FYR Macedonia, where female land ownership was found to hover around 16 percent, […]

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What Does Carbon Pricing Success Look Like? Ask These Leaders

September 22, 2014 | By More
What Does Carbon Pricing Success Look Like? Ask These Leaders

British Columbia, Sweden, California and China have been pioneering carbon pricing systems to lower emissions and help shift their economies onto cleaner, greener trajectories. Currently, nearly 40 countries and more than 20 cities, states, and provinces use a form of carbon pricing or are planning to implement it. That number is growing as more governments […]

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Chollywood: Chinese Film Industry Set to Expand Rapidly

September 19, 2014 | By More
Chollywood: Chinese Film Industry Set to Expand Rapidly

The French Lumière Brothers are credited with enabling the birth of modern cinema but since the 1920s this is indisputably an American art form, primarily the domain of Hollywood which soon became the dominant force in an emerging industry. Since taking the lead, the American film industry has grossed more money year-on-year than that of […]

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How Much Does Pollution Cost?

September 18, 2014 | By More
How Much Does Pollution Cost?

As it becomes increasingly necessary to reduce emissions, organizations and governments are looking for ways to compensate for the harmful effects of carbon dioxide in the atmosphere. How much do the emissions coming from your car’s exhaust pipe cost in terms of damage to the environment? What about the gases that factories emit? Smog can […]

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The IT Scene in China: Alibaba’s New ‘Open Sesame’ Financing

September 17, 2014 | By More
The IT Scene in China: Alibaba’s New ‘Open Sesame’ Financing

Alibaba is China’s largest e-commerce company. It is a privately owned Hangzhou-based group of Internet-based e-commerce businesses which, amazingly enough, began in 1999 with only a website.  Today, Alibaba is one of the twenty most-visited websites globally, featuring nearly a billion products. It alone accounts for over 60% of the parcels delivered in China. Bigger […]

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