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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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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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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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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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World Bank Group: Spurring Job Growth in the Western Balkans – Research and Innovation
By Paulo Correa and Christopher Colford Promoting economic growth and job creation requires innovative industries that can make imaginative use of business opportunities springing from new technologies and research and development (R&D) activities. But not every economy can develop a Silicon Valley
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IFC Champions Water Efficiency in China’s Textile Industry
China’s vast textile industry is a boon to the country’s economy, but consumes high volumes of water. This is a problem at a time when water pollution keeps deteriorating in China, with increasingly less clean water available for households, industry,
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Ross Jackson: The EU as a Green Powerhouse – A Green Opportunity
The recent revelations regarding our American allies’ spying on Angela Merkel and other leading EU politicians, raises – once again – some fundamental questions about the differences in values between the US and Europe. In particular, the question of whether
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Wangari Maathai: Attaining Peace that Endures, One Tree at a Time
A young Kenyan girl named Wangari Maathai was sent by her mother to fetch some fresh water. As she reached the stream at the end of a pleasant walk, Wangari paused for a moment to quench her thirst drinking from
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World Bank Reports on Affordable Housing in Egypt
Hamada Mohamed, a taxi driver, is married with a 3 -year-old boy, and expecting a new baby in the coming months. Like 75 percent of young families he has not been able to afford a house and has had to
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Deficits Matter, but Not the Way You Might Think
By Bob Veres. This originally appeared on Advisor Perspectives. Congress is coming off of a bruising debate over the deficit ceiling – a preview of what we will experience again in a few months. The economy is growing slowly – some
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