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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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Dilma Rousseff: “You have one hour to solve this problem.”
There is no denying that the main challenges facing the Brazilian economy include the achievement of sustainable growth and the struggle for a fair distribution of its rewards throughout society. The country is fortunate in having as its president Dilma
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Janamitra Devan: The Innovation Imperative
Overcoming the Myths and Recognizing the Realities of Innovation, Job Creation and Prosperity By Janamitra Devan Innovation drives competitiveness, and maximizing competitiveness is indispensable to achieving sustainable job creation. Any economy with a weak innovation capacity will see its competitiveness
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UN Security Council Urges Wider Role for Women’s Groups in Peace Efforts
The Security Council has called on the international community to give women’s civil society organizations a prominent role in the negotiation, planning and implementation of peace processes and post-conflict development programmes. “The Security Council takes note of the important role
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Christine Riordan: Leading Rapid Change
In today’s accelerated business environment, the ability to anticipate and actively lead change on a daily basis is essential for leaders. John Kotter is a well-known expert on how to lead change. He lays out six important areas for effecting
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M&A in Emerging Countries – Tax Risks and Opportunities
The Importance of Taxes in M&A Processes Companies are focusing more and more on the tax aspects of M&A. This focus is partly because tax authorities are scrutinizing transactions more closely than ever before. But this increase concentration is also
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IFC: Banking On Women – Changing the Face of the Global Economy
Women entrepreneurs are changing the face of the global economy, helping to sustain job creation and economic growth. While investors are increasingly looking to the BRICs and beyond for growth opportunities, the fact is that women represent the largest emerging
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Panama – A Tax Friendly Environment for Foreign Investors
By Luis E. Ocando Bustamante, International Tax Partner of Ernst & Young, Panama, Central America, and Dominican Republic. The economic boom of Panama [1] has been accompanied by changes in its tax system, making Panama more attractive for foreign investors, especially for multinational
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