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WTO Forecasts Gradual Recovery Despite Cut in Trade Forecasts
World trade growth in 2013 and 2014 is likely to be slower than previously forecast. WTO economists now predict 2013 growth of 2.5% (down from the 3.3% forecast in April) and 4.5% in 2014 (down from 5.0%), but they say
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Learning the Ropes in Peru: Chinese Companies Engage Local Communities
Chinese companies are learning how to navigate the tricky waters of community politics in perhaps the most unlikely of places: Peru. Here, Chinese businesses have found it next to impossible to buy their way into the local hearts and minds.
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Moving into Pakistan Big Time: China to Invest Serious Money
China has the money and is not afraid to invest it in Pakistan. The Chinese Water & Electric Corporation (CWE) is set to disburse some $6bn over the next five years in Pakistan’s energy sector in a bid to help
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Christopher Colford, World Bank: Competitive Cities Can Meet the Challenge of Job Creation
Focusing policies on competitive industries can provide jobs for the impoverished, hungry, restive urban millions As magnets for talent and crucibles of creativity, dynamic cities are the pacesetters for innovation in this era of relentless global competition. Vibrant metropolitan regions
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Uttar Pradesh, India: Water Management Key to Reducing Poverty
For good governance to fully contribute to and enable sustainable development, it needs an institutional framework through which sensible policies may be applied. This may be one of the areas in which India’s most populous state, Uttar Pradesh, faces some
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Bangladesh: Steadily Moving Up without Beating the Drum
Skipping the usual ado and almost silently, Bangladesh is moving up the ladder and surpassing its local peers in a number of key areas such as health and education. During the past decade, the country has managed to greatly improve
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The Equator Principles: Banking on Sustainability
Financial institutions worldwide are increasingly benchmarking their larger investment projects to the Equator Principles of social and environmental risk assessment. A third and more comprehensive edition of these guiding principles has now been drawn up and is being used by
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Indian Rupee Looking for a Line in the Sand
Earlier this week, Indian Finance Minister Palaniappan Chidambaram unveiled a comprehensive – and long-awaited – plan to improve the country’s crumbling infrastructure by reviving no less than 36 stalled projects. The government has earmarked over $28bn (€21.2bn, £17.7bn) to finance
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Africa’s Changing Mediascape: Spreading the Word from China
A monumental shift is taking place in the world’s mediascape. As traditional news outlets such as CNN and the BBC see their operating budgets shrink and wither in response to lower revenues, new providers fill the vacuum and capture audiences.
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CFI.co Hero Mahindra on Giving in India
Anand Mahindra, born in 1955, was appointed chairman of the family conglomerate in August 2012 and has been managing director since 1997. He has been able to progress the business magnificently mainly through a succession of inspired mergers and acquisitions.
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