World Bank Group President Jim Yong Kim to Visit Saudi Arabia, Lebanon and Jordan

World Bank Group President Jim Yong Kim, will visit Saudi Arabia, Lebanon, and Jordan from June 1-4, to focus on the challenges and opportunities facing the Middle East and North Africa (MENA) region and underscore the Bank’s commitment and support. This

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Paul Krugman: A Plea for a Return to Basics in Finance

Author of no less than twenty books, over 200 scholarly essays in peer-reviewed academic journals and more than 750 articles as a columnist, Nobel laureate Paul Krugman is not one to hide his mostly liberal opinions. As an economist, Mr

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UN Labour Report Shows Solid Return for National Investments in Quality Jobs

Developing countries that invested in quality jobs from the early 2000s grew nearly one percentage point faster every year since 2007 and were better able to weather the economic crisis than comparable economies, according to a new report by the

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Nicholas Brady: Soccer Finance and the Pragmatist Who Fixed a Debt Crisis

Back in the days when a top-scoring soccer player could be enticed for a few million, Brazilian attacker Romario set a record when PSV put down all of six million dollars to have him play for the club in Eindhoven,

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The World Bank: Local Currency Bonds Catch On as Countries Aim to Catch Up

Two years ago, the World Bank Group’s International Finance Corporation tried something that had never been done in the Dominican Republic. In a bid to increase access to finance to entrepreneurs and home-buyers, the Bank Group’s private sector arm became

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John Maynard Keynes – Keynesianism to the Rescue: It Still Works Wonders

When Steve Forbes rallies against someone, as he often does, the world takes (some) note: Libertarians and conservatives are apt to make noises of approval while all others suspect the object of Mr Forbes’ ire to be a person of

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Restoring Public Confidence: Industrialising Delivery of Pension and Retirement Solutions

Over the past century, governments, as well as public and private sector pension and retirement providers, focused on expanding existing and introducing new systems with a core focus on payment of benefits. Strong investment performance limited the perceived need to

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Jacques Delors: Despite Design Flaws Euro Success Assured

Hindsight may offer some comfort and solace from contemporary reality. It is thus that Jacques Delors – aka Mr Euro – concludes that Europe’s much-maligned common currency suffers from a few design flaws. Those imperfections may even have doomed the

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Luxury Goods Market: Crisis? What Crisis?

In the luxury goods market, nothing quite drives sales as brand recognition does. Slap a Louis Vuitton label on a handbag, and shoppers will think nothing of plopping down a thousand euros or more to carry it off. As Europe

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Q&A Bentley Motors’ Stephen Reynolds: Unchanged Core Values Drive Bentley’s Global Expansion

How does Bentley secure continuous innovation and technological improvement? With the launch of new models in the coming years, the levels of technologies available will also increase. Our new Flying Spur for example, incorporates incredible technology with touch-screen infotainment, mobile

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