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The World Bank: Calling for an End to Poverty
With more than a billion people in the world living on less than $1.25 per day, World Bank Group President Jim Yong Kim today said this week that extreme poverty was “the defining moral issue of our time,” and he
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What Really Spurred the Great Recession?
Based on the research of Ravi Jagannathan, Mudit Kapoor and Ernst Schaumburg Globalization and the U.S. dollar are as much to blame as banks Many people would no doubt like to forget all about the great recession. The blame has
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World Bank Initiative for a Low Carbon Future
The World Bank has announced a new Low-Carbon Liveable Cities (LC2) Initiative to support developing country cities around the world in their efforts to plan low-carbon, climate-smart development and get finance flowing. The initiative – which aims to reach 300
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IPPC Report on Global Warming: Formidable Effort in Juggling with Fuzzy Numbers
In about 25 years the world will have used up its remaining “carbon credit” for the current century. Additional emissions will contribute to global warming beyond the tipping point of two degrees (C), the safety threshold used by most scientists
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WTO Forecasts Gradual Recovery Despite Cut in Trade Forecasts
World trade growth in 2013 and 2014 is likely to be slower than previously forecast. WTO economists now predict 2013 growth of 2.5% (down from the 3.3% forecast in April) and 4.5% in 2014 (down from 5.0%), but they say
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Experts Debate Dubai’s Post-Recession Property Boom – Another Bubble or Sustained Recovery?
More than 750 senior real estate professionals prepped for Global Real Estate Summit and MENA Mortgage and Affordable Housing Congress Dubai, UAE, 11 August, 2013: With all sectors of the Dubai property market now gaining momentum in making a healthy
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Angola: Powering A Booming Economy with Renewables
Alternative, renewable energy is not merely an afterthought in oil-rich Angola as the country seeks to diversify its booming economy. After an absence of three full decades, sugar cane made its return as a cash crop just five years ago
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Small Egypt Farmers Catch the Eye of Agribusiness: IFAD Finds Key to Success
Twenty-odd years ago, groups of dispossessed farmers and unemployed youth were resettled on smallholdings in Upper Egypt. Authorities told the new arrivals to go till the desert soil. Plots – sandboxes really – of one to two hectares were duly
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Christopher Colford, World Bank: Competitive Cities Can Meet the Challenge of Job Creation
Focusing policies on competitive industries can provide jobs for the impoverished, hungry, restive urban millions As magnets for talent and crucibles of creativity, dynamic cities are the pacesetters for innovation in this era of relentless global competition. Vibrant metropolitan regions
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The Limitless Power of Latin America: Renewables to Light Up a Continent
In Latin America, renewable energy can supply up to 22 times the region’s power needs, even taking into consideration future growth. Wind, solar, geothermal, biomass and ocean energy sources can generate up to 80 pWh (petaWatt-hour*) of electricity while by
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