Sustainability
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IFC – International Finance Corporation: Eliminating Poverty, One Loan at a Time
The famed Peruvian economist Hernando de Soto has said it all along: The world’s destitute are oftentimes somewhat less poor than they think. It’s just that untold millions are toiling away in the informal economy and as such remain under
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Bangladesh: Steadily Moving Up without Beating the Drum
Skipping the usual ado and almost silently, Bangladesh is moving up the ladder and surpassing its local peers in a number of key areas such as health and education. During the past decade, the country has managed to greatly improve
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The Equator Principles: Banking on Sustainability
Financial institutions worldwide are increasingly benchmarking their larger investment projects to the Equator Principles of social and environmental risk assessment. A third and more comprehensive edition of these guiding principles has now been drawn up and is being used by
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Revamping the Gezira Scheme: Sudan Seeks Food Security with Rice
A single grain of rice can tip the scale. It may also contribute to the realisation of food security in Sudan where, according to UN estimates, up to 12% of the population may need some form of nutritional assistance. Rice
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Shareholder Value: Outdated and an Obstacle to Corporate Success
The pursuit of increased shareholder value is much overrated, may hurt corporations and is certainly not the legal requirement some CEOs hold it to be. In her book The Shareholder Value Myth, legal scholar Lynn Stout of the Clarke Law
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Otaviano Canuto, World Bank Group: China, Brazil – Two Tales of a Growth Slowdown
China and Brazil are both facing a growth slowdown, as compared to the period prior to the global financial crisis. They were both able to respond with aggressive anti-cyclical policies to the post-Lehman quasi-collapse of the global economy. In both
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Aid for Trade: Supporting the World’s Poorest
The Heads of Agency of the Enhanced Integrated Framework (EIF) – Aid for Trade in action for Least Developed Countries (LDCs) – met in Geneva on 8 July during the Fourth Global Review of Aid for Trade. The Heads of
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UN: Management of Natural Resources for a Peaceful Afghanistan
Sustainable and equitable management of Afghanistan’s natural resources such as land, water, forests and minerals can contribute to peacebuilding in the country, according to a United Nations report released on June 24th. The report, Natural Resource Management and Peacebuilding in
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UN calls for China and the US to Encourage Sustainable Development
Secretary-General Ban Ki-moon has appealed to Chinese and United States-based companies to boost their efforts to achieve sustainable development and prosperity through partnerships, stressing their impact in developing countries. “US and Chinese companies can and must ensure that business activity
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Summit Commitments of the G8 Leaders
Extracted from Remarks made by David Cameron on Thursday 18th June. Our economies together make up around half of the global economy, and we have a responsibility to support prosperity worldwide. We agreed actions in three specific areas: Trade –
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