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Europe’s Original Sin and the Dangers of Doing Good
Carlos Rangel, the Venezuelan diplomat and essayist, once pointedly remarked that western nations often send their failed politicians – the dreamers, utopians, and other ineffectual romantics – to far-off places where they can do no harm other than to their
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New UN Report Calls for Major Changes in Global Economic Governance, Management
Six years after the start of the global economic and financial crisis, the world economy has still not found a sustainable growth path, argues a new United Nations Conference on Trade and Development (UNCTAD) report released on September 10, 2014.
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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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How Much Does Pollution Cost?
As it becomes increasingly necessary to reduce emissions, organizations and governments are looking for ways to compensate for the harmful effects of carbon dioxide in the atmosphere. How much do the emissions coming from your car’s exhaust pipe cost in
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From Haiti to Canada – Michaëlle Jean: A Viceroy from the Caribbean
The world over, Canada enjoys a reputation as a country most welcoming to immigrants. Newcomers are not just welcomed with open arms; they are also cordially invited to actively participate in the life of the nation. Canadians thoroughly enjoy welcoming
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From Lebanon to Brazil – Joseph Safra
A Global Presence The Safra family fortune – today expressed in billions of dollars – originated on the dusty tracks of the well-trodden camel route between Aleppo, Syria and Istanbul. At the dawn of the 20th century, Jacob E. Safra,
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UN Member States Receive Report on Finance for Sustainable Development
The General Assembly formally received an expert report on August 19, 2014 setting out options that can be weighed by Member States on ways to finance the United Nations-driven sustainable development agenda, which will aim to improve people’s lives and
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Otaviano Canuto, World Bank Group: Commodity Super Cycle to Stick Around a Bit Longer
Some analysts have predicted that the commodity price boom has played itself out. However, natural resource-based commodity prices (with the exception of shale gas and its downward pressure on US natural gas prices) have remained relatively high over the last
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Gabriel García Márquez (1927-2014): A Farewell to the Patriarch of Literature
It is a rare genius who can encapsulate in writing the soul of a country. One who does so with an entire continent is rarer still. Those attributed with such virtuosity tend to be long dead, and most had the
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Ernst & Young, Argentina: The List from Black to White – Argentina Redefines Income Tax Law
Introduction To further our previous contribution – Tax Havens: The Argentine Government Issues a New Tax Regulation on Low or Nil Taxation countries (CFI Spring 2014) – we can now provide an update based on legislation published during the last
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