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Michael Pettis: Markets Rationale and Volatility – The Case of China
Last month’s award of the Nobel Prize in Economics set off a great deal of chuckling because one of the three recipients, Eugene Fama, received the award for saying that markets are efficient at capital allocation and another, Robert Schiller,
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Wang Meng: A Champ Tumbles and Falls on Her Way to the Top
We all crash into the barricades from time to time and Wang Meng, China’s most successful winter Olympian ever, did so at the 2010 Vancouver Olympics. However, this young lady got up, brushed herself down and went on to finish
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Harbingers of Climate Doom Gear Up Over Storm
Extreme weather events such as prolonged heat waves in Argentina, killer typhoons in the Pacific and violent storms lashing the UK are a godsend for doom-and-gloom scientists banging the climate change drum. Nicholas Stern, author of a 2006 report on
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Zurich Insurance Company: Insurance in Latin America – Economic Growth Brings New Opportunities
To continue its success story, Latin America will need to address a number of socio-economic challenges. Insurance has the potential to help the nations of the region to tackle such challenges. Yet insurance potential of the region remains largely untapped.
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Mario Draghi: ECB President Gearing Up for Eurozone Growth Spurt
Italian banker Mario Draghi entertains no doubts at all: Pessimist, sceptics, naysayers and assorted worrywarts severely underestimate the resolve extant – political and otherwise – to forge the euro into a resounding success. Then again, the president of the European
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IFC, ECOM Training Helps Women Farmers Boost Income, Productivity
Women make up 80 percent of coffee farmers in North Sumatra of Indonesia and 50 percent in Lam Dong of Vietnam. The coffee beans that they grow can change their families’ lives. IFC’s partnership with global coffee trader ECOM Agroindustrial
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Peter Macnee: IFC Helps Virgin Mobile Find Untapped Demographic
For Mobile Virtual Network Operators (MVNO) Latin America is virgin territory. Barely 0.5% of installed network capacity is currently leased out to providers that do not themselves own any telecom assets. UK operator Virgin Mobile has taken note and is
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Emmanuel Nnadozie, ACBF: Africa – BRICS Partnership Is Growing Rapidly
Emerging trends show that recently the BRICS group has become a major force in the global economic arena. The OECD predicts that the balance of economic power is expected to shift dramatically over the next fifty years with China becoming
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Alessandro Carlucci: Going Global on Intuition and Emotion
Ethics and aesthetics: That is what Alessandro Carlucci sells as CEO of Brazilian cosmetics firm Natura, now wrapping up its 44th year in business with an annual revenue north of $3.2bn. At the forefront of conservation efforts and mindful of
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Corporate Tax and Transfer Pricing Forum Brazil
With frequent and significant changes occurring to Brazil’s corporate tax and transfer pricing rules in the last year, it is critical that companies quickly adjust to the new landscape in order to avoid investigations, litigation and huge fines which can
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