France – New Elan Takes Hold of Economy

The triple terrorist attacks that rocked France last week will have a negligible impact on the country’s economy. According to Economics Professor Todd Sandler of the University of Texas Dallas business confidence is seldom affected when terrorists strike in advanced

Read More

World Economic Forum: Chile and Colombia Best in Entrepreneurial Vitality

Most advanced economies are lagging in entrepreneurial vitality. According to a report published last week by the World Economic Forum, the most ambitious and innovative businesspeople are to be found in emerging countries. The Leveraging Entrepreneurial Ambition and Innovation Report

Read More

Charlie Hebdo Attack: The Triumph of the Last Laugh

In the wake of the terrorist attack on the French satirical magazine Charlie Hebdo, which left ten staff members and two police officers dead, it is more important than ever to remember – and indeed emphasise – the difference between

Read More

Evangelos Marinakis: A Councilman of Note

Though the past made him a rich man, Evangelos Marinakis now wants to break with it. Elected councilman in Piraeus, Mr Marinakis aims to introduce new models for the management and development of the port city: “This is something people

Read More

Mamta Murthi: World Bank to Help Poland Resolve the “Robin Hood” Tax Issue

The World Bank is helping Poland design a new system called the “Robin Hood” tax system. In the first quarter of 2015 a working group composed of representatives of the Ministry of Finance, the World Bank, subnational governments and academia will

Read More

Upcoming Greek Vote a Buying Opportunity?

Mark Zandy is worried that Greece may yet prove the undoing of the euro as the country prepares for elections. Mr Zandy is chief economist at Moody’s Analytics. He fears the Greek opening Pandora’s Box on January 25 could well

Read More

World Bank: Framing the Future of Accountancy

The main objective of Accountancy Development for Results (ADR) is to raise awareness among leaders of the accountancy profession of their significant role in advancing the World Bank’s twin goals of eradicating extreme poverty and promoting shared prosperity. Accountants and

Read More

World Bank: International Food Prices Hit Four-Year Low

New World Bank Group tool focuses on preparedness for potential future crises. International prices of food decreased by 6 percent between April and August 2014, reaching a four-year low, according to the latest edition of Food Price Watch. This sharp decrease

Read More

UN Reports Potential for Gradual Return to Global Growth, Foresees Risks, Uncertainties

Global economic growth is forecast to continue increasing over the next two years, the United Nations reported today, despite legacies from the financial crisis continuing to weigh on growth, and the emergence of new challenges, including geopolitical conflicts such as

Read More

Trade Balance of Developing and Developed Countries Continues to Converge, UNCTAD Statistics Show

UNCTAD Handbook of Statistics 2014 shows that developing and transition economies run large trade surpluses for merchandise and services trade. Geneva, 9 December 2014 – Developing economies ran a combined merchandise and services trade surplus for 2013 of $177.6 billion,

Read More