World Economic Forum: Less Is More and Other Wisdom from Davos

Less is more, and you better get used to it. That is the message US real estate tycoon Jeff Greene brought to the World Economic Forum (WEF) in Davos, Switzerland. One of the hundred or so billionaires to attend the

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World Economic Forum Opens in Davos: Sharing and Caring

Davos – Over 2,600 of the world’s most notable people have ascended to Europe’s highest mountain town for a series of meetings that aim to address “key issues of global importance.” Nestled at 1,560m above sea level in a picture-perfect

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Nordea’s Sasja Beslik on Davos 2015: Rising Inequality Unsustainable, Inclusiveness Answer

Davos – A participant of earlier World Economic Forum (WEF) meetings in Davos, Sasja Beslik, head of Responsible Investment and Governance at Nordea Investment Funds, applauds the attention awarded to rising income and wealth inequality at this year’s get-together in

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US Welcomed at Davos as the New Emerging Market

The annual meeting of top businessmen, leading public officials, and a host of other VIPs in Davos usually sees emerging markets claim centre stage and draw attention to the marvels of their booming economies. Save for China, at this year’s

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Overall Tax Cost and Compliance Burden Lower for Businesses around the World

Paying taxes has become easier over the past year for medium-sized companies around the world, the latest report from the World Bank Group and PwC finds. The time it takes an average company to meet its tax obligations dropped by

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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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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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World Bank Reaffirms Commitment to the People of Egypt and the Country’s Development Priorities

World Bank Regional Vice President for the Middle East and North Africa, Inger Andersen, affirmed support to the people of Egypt and the country’s development priorities and underscored the Bank’s commitment to exploring new projects and scaling up existing ones. 

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CFI.co Meets the CEO of XacBank: Bat-Ochir Dugersuren

Mongolia’s economy has been undergoing changes in recent years, and one of the challenges for its domestic banks is keeping up with the pace of growth. In line with this trend, XacBank has modified its strategy to adjust to the

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