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Working Together to Boost Innovation in Central Europe and the Baltics

Innovation is a critical driver of long-term economic growth and the right public policies are crucial to boost innovation. Through lending projects and advisory services, the Bank is assisting new European Union member states and candidate countries to unlock their

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Executives: Smart Carbon Pricing Policies Can Drive Investment in a Cleaner Future

The IPCC’s Fifth Assessment Synthesis Report warns of the need to reduce greenhouse gas emissions by 40 to 70 percent by 2050, on pace for carbon neutrality by the end of the century. Businesses know how to cut emissions and

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University of Chicago Booth School of Business: Questioning the Economic Effects of a Booming Real Estate Market

Strong house price growth fuels economic activity during expansions, and the ensuing slowdown in housing often precipitates severe crashes. Almost every severe economic downturn in advanced economies over the past 85 years was preceded by a real estate boom: Among

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Africa Awakening: A Continent on the Rise

The time for Africa is now. The continent is rising to unexpected heights as wars have ended and humanitarian crises subsided. Afro-pessimism – the deeply-rooted notion that Africa was essentially without hope – has suddenly been replaced with almost boundless

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UNCDF: Enabling Transformation – Investing in the Local Needs of Women

In 1990, in the first Human Development Report of the United Nations Development Programme (UNDP), Pakistani economist Mahbub Ul Haq wrote, “The real wealth of a nation is its people. And the purpose of development is to create an enabling

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World Investment Forum: Seeking Ways to Unlock the Idle Trillions

As the United Nations Conference on Trade and Development (UNCTAD) celebrates its fiftieth anniversary, business and government leaders from across the world gathered this week in Geneva for the biennial World Investment Forum (WIF). The UNCTAD-sponsored four-day event brought together

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Nigerian Stock Exchange: Corporate Governance to Reign Supreme

The buoyant Nigerian Stock Exchange (NSE), with well over two hundred listed securities representing a total market capitalisation in excess of $80bn (equities), is set to become the destination of choice for both investors and companies looking to raise capital,

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Sustainable Stock Exchanges: Urgent Need for Simple Metrics

The 4th biennial Global Dialogue on the Sustainable Stock Exchanges (SSE) Initiative, concluded yesterday (10/14) at the United Nations Geneva headquarters, unveiled the urgent need for all stakeholders – stock exchanges, regulators, investors, and businesses – to adopt simple, yet

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Sustainable Stock Exchanges: The Relevance of Green Indices

At the fourth Global Dialogue of Sustainable Stock Exchange (SSE) Initiative, last Tuesday in Geneva, Nasdaq OMX vice-chairman Meyer “Sandy” Frucher livened up discussions by spelling out a few hard-hitting truths. Though delivered in way that elicited chuckles from the

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WIF: Start-Up Democracy Tunisia Steals the Show

Interim Prime-Minister Mehdi Jomâa of Tunisia has offered to host the next World Investment Forum (WIF), scheduled to take place two years from now. In Geneva for the 2014 WIF, an event organised by the United Nations Conference on Trade

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