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Frugality, Education, Infrastructure and Attitude Change is Needed in the West: We Should Not Rely on Keynesian Nostrums to Pull Us Through
By Jon Moynihan The West’s economic dilemma will not be solved until those countries have not just restructured their balance sheets, by significantly lowering expenditure, but have also significantly changed the mix of that expenditure. In the UK and the
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New ‘Pacific Alliance’ Upbeat and Seeking Competitive Advantages
Leaders of Pacific Alliance: Ollanta Humala, President of Peru; Juan Manuel Santos, President of Colombia; Sebastián Piñera, President of Chile; Felipe Calderón, President of Mexico. The new bloc’s integration opens up significant opportunities for incremental economic development through increased
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Baker & McKenzie: Kazakhstani International and Domestic Securities Offerings
By Edward A. Bibko With its large natural resources and relatively transparent legal regime, Kazakhstan has long been a destination for international companies. In addition, its domestic companies have been attracting international capital for years. Within the CIS, the country has
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UN Economic Commission for Africa: Domestic Resource Mobilization in Africa
By Emmanuel Nnadozie, Chief Economist and Director, Economic Development and NEPAD Division (UN Economic Commission for Africa) A major challenge facing African countries is how to mobilize adequate, stable and predictable domestic resources to finance priority programmes and projects of
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Kuala Lumpur: ‘The Next Big Thing’ in Asia-Pacific Business Circles
It is Asia’s best-kept secret: business insiders are shunning the cost and congestion of Asia’s mega-cities and plumping for Kuala Lumpur’s strengths: cost competitiveness, profit potential and a first-rate lifestyle – a combination unmatched anywhere else in Asia. InvestKL CEO
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World Bank Group’s PREM: Harnessing Trade Opportunities for Growth and Development
The pace of global trade integration over the past two decades has been extraordinary. Trade has been a key driver of global growth, convergence, and poverty reduction. During 1983–2010, global trade grew twice as fast as gross domestic product (GDP).
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“The Entrepreneur” – A Sense of Balance
By Mona Vyas From the moment of conception to the surrender of the last breath, entrepreneurs have to fight innumerable battles: political, cultural, economical, sociological, psychological, metaphysical, geopolitical, hereditary and biological. The world today reflects a complex, unpredictable and incalculable
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European Investment Fund (EIF): EUR 180m of Loans for Microbusinesses Across Europe Under Progress Microfinance
After completing his 26-month military service, Andronikos (23) set up his own car wash business on his parent’s land. The land in Episkopi had been unused for a few years and even though he had thought of opening a carwash
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MIDA: Malaysia – Your Profit Centre in Asia
Malaysia is strategically located at the crossroads of East-West trade. The country consists of thirteen states and three Federal Territories, with a total landmass of 329,845 square kilometers (127,354 sq mi). The capital city is Kuala Lumpur, while Putrajaya is
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Institute for New Economic Thinking (INET) and INET Council on the Euro Zone Crisis (ICEC): Europe is Sleepwalking Towards Disaster of Incalculable Proportions
The alternative to fixing the euro is a catastrophic crisis with the euro zone socially unsustainable. The dilemma is how to unwind the high debt levels and losses in competitiveness accumulated and do this in the middle of recessions that
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