Finance
Back to homepageNew 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.
Read MoreOtaviano 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.
Read MoreWorld Bank Reaffirms Commitment to the People of Egypt and the Country’s Development Priorities
World Bank Regional Vice President for the Middle East and North Africa, Inger Andersen, affirmed support to the people of Egypt and the country’s development priorities and underscored the Bank’s commitment to exploring new projects and scaling up existing ones.
Read MoreFACRA: How Investors Can Help Build SMEs in Angola – The Missing Middle
By any measure, small and medium sized enterprises (SME’s) form a crucial part of any nation’s economic success. Typically, SME’s range from sole proprietorships to mid-sized companies and ordinary partnerships. These businesses rarely make the headlines but they form the
Read MoreWorld Bank Report: Digital Payments Vital To Economic Growth
Gates Foundation and Better Than Cash Alliance urge governments to embrace digital financial services, offers concrete action steps. Integrating digital payments into the economies of emerging and developing nations addresses crucial issues of broad economic growth and individual financial empowerment,
Read MorePwC Nigeria: Does Size Really Matter? Economic and Fiscal Implications of Nigeria’s Rebased GDP
Gross Domestic Product (GDP) is an internationally recognised measure of economy size and strength. It is importance to have up-to-date data so the rebasing is a step in the right direction. It is expected to make planning and investment decisions
Read MoreOtaviano 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
Read MoreThe Euro – A Paradox Checks Into Hotel California
It could have been conceived a bit more thoughtfully, but as a project the European common currency is not altogether farfetched or indeed destined for failure. The euro was specifically created to offer an alternative to the erstwhile all-mighty US
Read MoreThe European Conundrum
The European Union is an interesting project that – once logic is duly applied – must end up with the foundation of a United States of Europe (USE). Strangely enough, very few of the union’s citizens actually want to live
Read MoreMIGA (World Bank): Islamic Finance – A Growing Source of Capital for the Developing World
The World Bank has its eye on Islamic finance, and with reason. Islamic finance’s recent globalization – in both Muslim and non-Muslim countries alike – has increased the total size of its assets to around $1.5 trillion. In both the
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