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Playing to Win or Playing to Survive? Urbanisation and the Knowledge Economy
It is no surprise that cities around the world have been expanding over the last few decades. The pace of this trend is breath-taking. According to the UN’s World Urbanisation Prospects, 2014 is a turning point. For the first time
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Adel S Al-Ghamdi: Saudi Stock Exchange Opts for Quality
Adel S Al-Ghamdi leads the Saudi Stock Exchange, the largest and most liquid in the Middle East and North Africa, since July 2013 when he left his job as general manager of the Corporate Finance and Issuance Division at the
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WGB Launches New Country Partnership Framework to Support Azerbaijan’s Sustainable, Inclusive and Resilient Growth
The World Bank Group’s Board of Executive Directors today discussed and endorsed the 2015-2020 Country Partnership Framework (CPF) for Azerbaijan. This CPF represents a five year joint strategy of the World Bank Group comprising the International Bank for Reconstruction and
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World Bank Group: Investing in Women is Vital to Ending Poverty, Boosting Needed Growth
Closing persistent gender gaps is vital to boosting sustainable growth and ending poverty by 2030, World Bank Group President Jim Yong Kim said Tuesday, calling for scaled-up efforts to expand women’s access to good jobs, assets, and infrastructure. “Economic growth
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At High-Level Forum, UN Official Calls for Final Push Towards New Sustainability Agenda
The international community stands on the cusp of eradicating extreme poverty and reaching the world’s most vulnerable people with “a chance to live a life of dignity,” the Vice-President of the United Nations Economic and Social Council (ECOSOC) declared today,
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World Bank: Asian Countries are among Top Achievers on Sustainable Energy Progress
Asian countries are making a vital contribution to achieving global sustainable energy goals, a new World Bank report finds. But while the region performs strongly on ensuring electricity access for people and using more modern renewable energy, there is room
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The Time Is Now: Paradigm Shift Signals Opportunity
Few people realise that in 2013 a turning point was reached. In that year, emerging economies displaced developed markets as the main engines of global economic growth. This was not a one-off event or an oddity: it signalled no less
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Quantitative Easing: Another Shot for the Caffeine Junkie
Early in March, the European Central Bank (ECB) announced its intention to flood the market with about €1.1 trillion in quantitative easing (QE) monies over the course of 18 months by buying debt instruments – mostly government bonds – on
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IFC: The Art and Science of Benefits Sharing
Non-renewable natural resource projects – that is oil, gas, and minerals – are usually seen as part of a nation’s wealth. Accordingly, their use for the long-term sustainable development of a country is a prime objective of any legitimate government.
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Luisa Nenci, CEO of SustainValues: A Capital Market Union or a Sustainable Financial Market?
In his political guidelines for the next European Commission, President Jean-Claude Juncker pushed for the establishment of a capital market union. Such a union should develop and integrate capital markets in order to cut the cost of raising capital. This
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