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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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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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Making Every Drop Count: Reducing Water Loss in the Middle East and North Africa Region
The problem of water loss has become an even greater challenge for public utilities throughout the Middle East and North Africa region due to climate change, which threatens natural water supplies and increases the cost of new waterresources. Malta, with
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FACRA: How Investors Can Help Build SMEs in Angola – The Missing Middle
By any measure, small and medium sized enterprises (SME’s) form a crucial part of any nation’s economic success. Typically, SME’s range from sole proprietorships to mid-sized companies and ordinary partnerships. These businesses rarely make the headlines but they form the
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World Bank Report: Digital Payments Vital To Economic Growth
Gates Foundation and Better Than Cash Alliance urge governments to embrace digital financial services, offers concrete action steps. Integrating digital payments into the economies of emerging and developing nations addresses crucial issues of broad economic growth and individual financial empowerment,
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PwC Nigeria: Does Size Really Matter? Economic and Fiscal Implications of Nigeria’s Rebased GDP
Gross Domestic Product (GDP) is an internationally recognised measure of economy size and strength. It is importance to have up-to-date data so the rebasing is a step in the right direction. It is expected to make planning and investment decisions
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Ghana: Crisis as a Hallmark of Enduring Success
A solid mechanism has been put in place with Norwegian assistance to ensure that the proceeds from Ghana’s newly found offshore oilfields are spent wisely and to the benefit of the entire nation. A sovereign wealth fund is to receive
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UN Member States Receive Report on Finance for Sustainable Development
The General Assembly formally received an expert report on August 19, 2014 setting out options that can be weighed by Member States on ways to finance the United Nations-driven sustainable development agenda, which will aim to improve people’s lives and
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Otaviano Canuto, World Bank Group: Commodity Super Cycle to Stick Around a Bit Longer
Some analysts have predicted that the commodity price boom has played itself out. However, natural resource-based commodity prices (with the exception of shale gas and its downward pressure on US natural gas prices) have remained relatively high over the last
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World Bank Group Commits US$ 5 Billion to Boost Electricity Generation in Six African Countries
The World Bank Group has committed $5 billion in new technical and financial support for energy projects in six African countries – Ethiopia, Ghana, Kenya, Liberia, Nigeria, and Tanzania—which have partnered with President Obama’s Power Africa initiative. Making the announcement on
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