Sustainability
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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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Solar Industry in the MENA Region: Sunny Prospects
A trend towards generating electricity from solar power is on the horizon for the countries of the MENA region (Middle East and North Africa); The regional market for photovoltaics (PV) and solar thermal power plants is expected to reach 3.5
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Nigeria’s Minister of Agriculture: Sustainability and Growth in Investments from Private Sector, but Banks Overcharge
The expected gains of the N450billion Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL) special credit portfolio set aside by the Central Bank of Nigeria is yet to be seen due to high interest rates pegged on it by banks,
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Otaviano Canuto, World Bank Group: Fiscal Policy Redux
As part of their response to negative shocks coming from advanced economies after the Lehman Brothers’ collapse in 2008, most developing countries resorted to countercyclical fiscal policy. Such a policy choice was available to many developing economies that entered the
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Nigeria’s Economy Grows by 6.6%
At a time when Europe’s growth is stalling and in recession, Nigeria’s economic output is continuing to motor away. However, this growth comes at the cost of inflation which is also running high at 9% per annum and for food even higher
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IMF: Anything that Works to Create Jobs
A broad mix of policies is needed to help put the global economy on a sustained and balanced growth path, the IMF said as it wrapped up the 2013 Spring Meetings against a backdrop of an uneven global recovery. In
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UN Expects Subdued Asia-Pacific Growth in 2013
Growth in Asia-Pacific remains subdued due to the impact of persistent weaknesses and uncertainties in the developed economies, the United Nations reported last week, urging Governments to implement macroeconomic policies that focus more on inclusivity and sustainable development. The report,
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IMF on Global Financial Security: Old Risks, New Risks
The global financial system is far more stable than it was six months ago, but a number of challenges remain. The International Monetary Fund’s latest Global Financial Stability Report says that recent rallies in financial markets will not be sustained,
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