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IMF: The Risk Side of Exceptionally Low Interest Rates
Several years of exceptionally low interest rates and bond buying by some advanced economy central banks have improved some indicators of banks’ health while supporting the economy and financial stability, according to new research from the International Monetary Fund. In
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President Kirchner: Another Peron?
President Kirchner, who has been in office since December 2007, was re-elected in 2011 and may have her sights on a third term – which would require an amendment to the constitution. She was the first elected female president of
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Costa Rica’s Chinchilla: A Social Conservative
One of two VPs in the previous administration, Laura Chinchilla was the first female president of Costa Rica when she assumed that office in May 2010. Since coming to power she has had to deal with the Nicaraguan border crisis
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UNCTAD on Emerging Markets FDI Trends
Foreign direct investment (FDI) going into and out of the emerging economies of Brazil, Russia, India, China and South Africa – collectively known as BRICS – is mounting in global influence, according to a United Nations report released on March
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International Chamber of Commerce: G20 Openness Could Improve
Presenting pre-findings of an ICC Open Markets Index at an international business dialogue in Paris on March 4th, ICC Chairman Gerard Worms said that government authorities equipped with better information on their country’s market performance were better able to honour
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The International Financial Institutions: Collaboration for Development and Growth
Leaders of the African Development Bank, European Bank for Reconstruction and Development, Inter-American Development Bank, International Monetary Fund, and the World Bank Group pledged on February 26, 2013 close collaboration to support development and growth. The leaders emphasized the need
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Banco Interacciones – Preparing For the Future
Banco Interacciones is a success story which was born 19 years ago among Mexico’s worst economic crisis. Established in 1993, the bank has stayed ahead of its competitors by focusing just in those market segments where it has several competitive
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Global FDI Recovery Stalls in 2012
Macroeconomic fragility and policy uncertainty for investors has led to an 18 per cent decline in global foreign direct investment (FDI) inflows last year, to an estimated $1.3 trillion, the United Nations said in a new report released on January
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IFC Study: Obstacles to Growth and Job Creation
A new study by IFC, a member of the World Bank Group, finds that much-needed jobs in developing countries can be created at a faster rate if policy makers and development institutions make it a priority to remove the key obstacles to
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UN Downgrades Economic Forecasts for 2013/14
World economic growth has weakened considerably during 2012 and is expected to remain subdued in the coming two years, according to a United Nations report in late December, which calls for policy changes to spur growth and tackle the jobs
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