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IFC: Indonesia Needs Good Corporate Governance
Indonesia’s economy is facing tough challenges: A slowdown of gross domestic product growth, a depreciation of the rupiah and a tightening of external financing. On the political side, the country is entering a period of uncertainty with upcoming legislative and
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World Bank: Helping Electrification Efforts in DRC
Sub-Saharan Africa is blessed with large hydropower resources that can bring electricity to homes, power businesses and industry, light clinics and schools, and spur economic activity, creating jobs and improving human well-being. Yet, only 10% of this hydropower potential has
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World Bank Support to Promote Transparency, Accountability and Job Creation in Jordan
A US$250 million loan, approved last week, will ease Jordan’s fiscal strains, which have been deepened by the influx of Syrian refugees and by regional turmoil that has disrupted its hydrocarbon supplies from Egypt. The World Bank’s support to Jordan
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How to Tame an Unruly Bear
You heed Teddy’s advice: Speak softly and carry a big stick. That’s how a bear is brought to its senses. Hardly rocket science. With his simple, yet effective approach to foreign policy, Theodore Roosevelt (1858-1919) – the 26th US president
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The World Bank: Accelerating Africa’s Aspirations
As Sub-Saharan Africa develops rapidly, it is estimated that the continent will need millions of engineers just to reach a single Millennium Development Goal, that of access to safe water and improved sanitation. However, there is a serious shortage of
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OECD: Latin America’s Outlook Clouded by Asia’s Slowdown and Financial Uncertainty
The external scenario is less favourable for the region due to the downturn in global trade, the moderation in commodity prices and the increased uncertainty surrounding global financing conditions. General Overview The euro area’s weak economic performance, the slowdown in
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European Environment Agency: EU 2050 – Green Economy Needs Fundamental Change
The EU is largely on track to meet its climate change-related goals for 2020. While this is a considerable achievement, I believe there is a lot more to do. Most critically, the incremental gains we are currently achieving to meet
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OECD: Time, Trade and Trade Facilitation
Time is money and a lot of money and opportunities are being lost due to painstakingly long customs procedures, waiting times at ports and long lead times. Although “time is money” is a universal idiom, few have looked into how
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World Bank Group: Financial Inclusion – Banking on Low-Income Households
Financial exclusion restricts economic opportunity and constrains poverty reduction. Yet today there are an estimated 2.5 billion adult people worldwide who go about their lives without any formal financial services such as bank accounts. According to the World Bank’s Global
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United Nations Office for Project Services (UNOPS): Sustainable Results in Challenging Environments
From building shelters in Haiti or helping to improve the school system in South Sudan, to buying medicines in Myanmar or equipment for clearing the snowy passes of Afghanistan – UNOPS provides sustainable infrastructure, project management and procurement services in
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