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Greece: The Primacy of Politics to Provide a Solution
Just a few years ago, Forbes Magazine – that self-proclaimed “Capitalist Tool” – identified the primacy of politics as the greatest danger facing Europe and the European Union (EU). The publication merrily took a swipe at Mario Draghi, president of
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World Economic Forum: All Eyes on European Central Bank
Davos – Clearly enjoying her role as the real moneybags of the World Economic Forum (WEF), German Chancellor Angela Merkel – small in stature but as ever a commanding presence – lashed out at Russia yesterday for its “flagrant violation”
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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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