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Overall Tax Cost and Compliance Burden Lower for Businesses around the World
Paying taxes has become easier over the past year for medium-sized companies around the world, the latest report from the World Bank Group and PwC finds. The time it takes an average company to meet its tax obligations dropped by
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Mukhisa Kituyi, UNCTAD: Sustainable Stock Exchanges and the 21st Century Challenge for Global Finance
Faced with common global economic, social, and environmental challenges, the international community is in the process of defining a set of Sustainable Development Goals (SDGs). As part of the United Nations post-2015 agenda, the SDGs will play a crucial role
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How Much Does Pollution Cost?
As it becomes increasingly necessary to reduce emissions, organizations and governments are looking for ways to compensate for the harmful effects of carbon dioxide in the atmosphere. How much do the emissions coming from your car’s exhaust pipe cost in
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From Lebanon to Brazil – Joseph Safra
A Global Presence The Safra family fortune – today expressed in billions of dollars – originated on the dusty tracks of the well-trodden camel route between Aleppo, Syria and Istanbul. At the dawn of the 20th century, Jacob E. Safra,
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Otaviano Canuto, World Bank Group: Commodity Super Cycle to Stick Around a Bit Longer
Some analysts have predicted that the commodity price boom has played itself out. However, natural resource-based commodity prices (with the exception of shale gas and its downward pressure on US natural gas prices) have remained relatively high over the last
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New Study Adds Up the Benefits of Climate-Smart Development in Lives, Jobs, and GDP
With careful design, the same development projects that improve communities, save lives, and increase GDP can also fight climate change. A new study examines the multiple benefits for a series of policy scenarios addressing transportation and energy efficiency in buildings
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Nicholas Brady: Soccer Finance and the Pragmatist Who Fixed a Debt Crisis
Back in the days when a top-scoring soccer player could be enticed for a few million, Brazilian attacker Romario set a record when PSV put down all of six million dollars to have him play for the club in Eindhoven,
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Solar Power in Brazil: Waking Up to the Power of the Sun
Boosting Brazil’s deficient energy production with large-scale solar power would seem a no-brainer: Both the required vast tracts of land and ample sunshine are available for the taking. Still, with an installed generating capacity of an estimated 17MW, solar power
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Michael Joseph: Banking for the Masses Fuels Mobile Networks
M-Pesa, mobile money, is the lasting legacy of Michael Joseph’s decade-long term as CEO of Safaricom, the largest mobile network operator in Kenya. M-Pesa allows mobile phone users to send each other small amounts of money, and access a host
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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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