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Danièle Nouy: Getting Tough with Bankers
It is her job to keep Europe’s banks on the straight and narrow and remind their executives that honesty pays. During her four years as chairperson of the European Central Bank’s (ECB) supervisory board, Danièle Nouy made few friends in
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Otaviano Canuto, Center for Macroeconomics and Development: How to Heal the Brazilian Economy
If I were to encapsulate the current situation of the Brazilian economy in one sentence, I would say: “It is suffering from a combination of ‘productivity anemia’ and ‘public sector obesity’”. On the one hand, the country’s mediocre productivity performance
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World Bank on Social Protection in Africa: Burkina Faso Mobile Childcare Scheme Could Transform Public Works
Children put to sleep on the ground, exposed to sun, wind and rain near dangerous construction sites – while their mothers work. Women without childcare facilities are falling ever deeper into poverty. Their children are missing school and sometimes watching
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Evan Harvey, Nasdaq: Next-Gen ESG – Going Beyond the Basics
For many years, investors have been searching for more perfect sources of non-financial information: data that may not be on the balance sheet, but still offer material and relevant insight into business value. First, they looked at corporate governance practices
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Lawrence Summers: Setting the Record Straight on Secular Stagnation
Joseph Stiglitz recently dismissed the relevance of secular stagnation to the American economy, and in the process attacked (without naming me) my work in the administrations of Presidents Bill Clinton and Barack Obama. I am not a disinterested observer, but
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Otaviano Canuto, World Bank: Making Returns on Knowledge – How Innovation Can Flow from Globalisation
The April issue of the International Monetary Fund’s World Economic Outlook (WEO) included a chapter on how globalisation has helped technology leaders’ knowledge spread faster. Cross-border technological diffusion has not only contributed to rising domestic productivity levels in advanced and
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Jordan: The Sky Is the Limit
The hub for flag carrier Royal Jordanian Airlines, Queen Alia International Airport (QAIA), just south of Amman repeatedly takes top honours for convenience, efficiency, and overall traveller satisfaction. In a region known for its luxurious aviation hubs, the relatively compact
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Ian Fletcher, IBM: Fourth Industrial Revolution – Positioning for Change
We are living in one of the most transformational times in human history, creating a paradigm shift that will bring change at a speed, scale, and force unlike anything we’ve ever experienced before. This paradigm shift is widely recognised as
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IFC on Climate Smart Investment: A Gateway for Green Growth in South Asia
Today in India, with a tap of a smartphone, a manufacturer instantly books shipping services for his/her goods through a virtual marketplace. BlackBuck’s online platform has rapidly grown to connect over 350 shippers with a network of over 80,000 freight
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World Bank Group Unveils New Initiatives in Investment Policy and Promotion
For many developing countries, foreign direct investment (FDI) has become the largest source of external finance, surpassing official development assistance, remittances, or portfolio investment flows. In 2016, more than 40% of the nearly $1.75 trillion of global FDI flows was
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