Finance
Back to homepage
Global Wage Report
Global wages remain far below pre-crisis levels, says a new United Nations report, which points to a continuing slowdown in developed countries alongside increases in emerging economies. The Global Wage Report 2012/13, released on December 7th by the International Labour
Read More
Norway’s Prime Minister Jens Stoltenberg: Need to see Renewed Growth in the EU
On Monday Dec 10th Norway’s Prime Minister Jens Stoltenberg hosted a working lunch for EU leaders who will be in Oslo to attend the Nobel Peace Prize Award Ceremony. The economic situation in Europe had been chosen as the theme
Read More
European Commission: Helping SMEs Seize Global Opportunities
The priority for Europe now is to overcome the crisis boosting competitiveness and growth. Fast growing emerging markets such as China, India, Russia and Brazil, with strong growth rates and potential represent significant opportunities for EU companies. Exports outside the
Read More
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
Read More
Hitting the Middle Classes by Taxing the Rich
The Paradox of Taxation The latest tax figures from Britain make interesting reading. Her Majesty’s Revenue and Customs reported a 60% fall in the number of taxpayers declaring an income of over £1 million a year during the 2010-2011 tax
Read More
What has the Internet Done for the Economy?
The puzzling spread of the commercial Internet could explain wage inequalities. By Virginia Hughes. Based on the research of Christopher Forman, Avi Goldfarb and Shane Greenstein. It is hard to overstate how much the business world relies on the Internet. Powerhouse
Read More
IMF | Gulf Cooperation Council: Economic Prospects and Policy Challenges for the GCC Countries
Executive Summary The already sluggish global recovery has suffered new setbacks and uncertainty weighs heavily on prospects. The euro area crisis intensified in the first half of 2012 and growth has slowed across the globe, reflecting financial market tensions, extensive
Read More
Rwanda’s Largest Bank Strengthens Its Position
Global Credit Rating Co Upgrades Bank of Kigali’s Long Term Rating of A+ to AA- and reaffirms the Short Term Rating of A1. On October 25th, Bank of Kigali, the largest bank in Rwanda by market share of total assets,
Read More
Pier Carlo Padoan, OECD: A New Era for the Euro Area
The euro area is entering a new era. The importance of [approval by the German constitutional court of the European Stability Mechanism (ESM)] and the European Central Bank’s (ECB) new Outright Monetary Transactions (OMT) programme set out recently cannot be
Read More
Azerbaijan FDI
Azerbaijan is a country with wide range of investment opportunities and is undoubtedly one of the most attractive destinations for foreign direct investments (FDI) in the region. There are good opportunities for the development in the following sectors: Agriculture and
Read More