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World Bank Supports SME Development with Focus on Financial Reporting in Europe and Central Asia
Ministers of Finance, business leaders, accounting professionals, and academics from Europe and Central Asia, together with representatives of the World Bank and key EU and international institutions in financial reporting and auditing, met today in Vienna for the 5th Ministerial Conference of
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Turkey’s Public Finances: Time for a Fiscal Policy Pivot?
New World Bank report recommends shift to more sustainable growth model. The World Bank today launched a new report, Turkey in Transition: Time for a Fiscal Policy Pivot?, at a conference held in Ankara in partnership with the Ministry of Finance and
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UN Labour Report Shows Solid Return for National Investments in Quality Jobs
Developing countries that invested in quality jobs from the early 2000s grew nearly one percentage point faster every year since 2007 and were better able to weather the economic crisis than comparable economies, according to a new report by the
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Nicholas Brady: Soccer Finance and the Pragmatist Who Fixed a Debt Crisis
Back in the days when a top-scoring soccer player could be enticed for a few million, Brazilian attacker Romario set a record when PSV put down all of six million dollars to have him play for the club in Eindhoven,
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John Maynard Keynes – Keynesianism to the Rescue: It Still Works Wonders
When Steve Forbes rallies against someone, as he often does, the world takes (some) note: Libertarians and conservatives are apt to make noises of approval while all others suspect the object of Mr Forbes’ ire to be a person of
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Restoring Public Confidence: Industrialising Delivery of Pension and Retirement Solutions
Over the past century, governments, as well as public and private sector pension and retirement providers, focused on expanding existing and introducing new systems with a core focus on payment of benefits. Strong investment performance limited the perceived need to
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Jacques Delors: Despite Design Flaws Euro Success Assured
Hindsight may offer some comfort and solace from contemporary reality. It is thus that Jacques Delors – aka Mr Euro – concludes that Europe’s much-maligned common currency suffers from a few design flaws. Those imperfections may even have doomed the
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Q&A Bentley Motors’ Stephen Reynolds: Unchanged Core Values Drive Bentley’s Global Expansion
How does Bentley secure continuous innovation and technological improvement? With the launch of new models in the coming years, the levels of technologies available will also increase. Our new Flying Spur for example, incorporates incredible technology with touch-screen infotainment, mobile
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Andy Green: Inspiring a New Generation of Engineers
This is not your dad’s sports car. It bundles the power of about 180 Formula 1 racing cars and aims to shatter the speed record on land. The Bloodhound SSC (SuperSonic Car) is being designed to attain a speed of
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MIGA (World Bank) – A New Boon for Emerging-Market Financing: Achieving Investment-Grade Bonds with MIGA’s Credit Enhancement
Many investors, lenders, and government officials are familiar with the Multilateral Investment Guarantee Agency (MIGA) of the World Bank Group. For 25 years, the agency has insured investments in developing countries against political risk. This insurance facilitates productive foreign direct
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