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World Investment Forum: Seeking Ways to Unlock the Idle Trillions
As the United Nations Conference on Trade and Development (UNCTAD) celebrates its fiftieth anniversary, business and government leaders from across the world gathered this week in Geneva for the biennial World Investment Forum (WIF). The UNCTAD-sponsored four-day event brought together
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Sustainable Stock Exchanges: Urgent Need for Simple Metrics
The 4th biennial Global Dialogue on the Sustainable Stock Exchanges (SSE) Initiative, concluded yesterday (10/14) at the United Nations Geneva headquarters, unveiled the urgent need for all stakeholders – stock exchanges, regulators, investors, and businesses – to adopt simple, yet
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Sustainable Stock Exchanges: The Relevance of Green Indices
At the fourth Global Dialogue of Sustainable Stock Exchange (SSE) Initiative, last Tuesday in Geneva, Nasdaq OMX vice-chairman Meyer “Sandy” Frucher livened up discussions by spelling out a few hard-hitting truths. Though delivered in way that elicited chuckles from the
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World Bank Group: Can Resource-Financed Infrastructure Fix the Natural Resource Curse?
By Håvard Halland, John Beardsworth, Bryan Land, and James Schmidt How can resource-rich countries ensure that a sufficiently large share of oil, gas, and mining revenues are used for productive investment rather than excessive or wasteful consumption? “Resource-financed infrastructure” (RFI)
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The Underrated Modesty of Executive Pay at the World Bank
There are moments in time when the proverbial storm in a teacup serves to underscore a point. The World Bank Group is living one such moment. The bank is in the midst of a possibly painful restructuring process that is
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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
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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.
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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
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Otaviano Canuto, World Bank Group: Liquidity Glut, Infrastructure Finance Drought and Development Banks
The world economy faces huge infrastructure financing needs that are not being matched on the supply side. Emerging market economies, in particular, have had to deal with international long-term private debt financing options that are less supportive of infrastructure finance.
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Elon Musk: A Man on a Mission
Philanthropist, self-made multibillionaire, technological genius and indeed a dreamer: The list goes on. These are some of the marks and traits that best describe Elon Musk. According to Forbes Magazine, the 39-year Mr Musk has a net worth of $9.3bn.
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