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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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Complimentary Currencies: Development Tool on Trial in Kenya
The Central Bank of Kenya has asked the public prosecutor to charge American economist and former Peace Corps volunteer Will Ruddick with forgery. Earlier this year Mr Ruddick and five others were duly arrested by police and thrown in jail.
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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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Female Head of Petrobras is the ‘Inside Outsider’
As the first female CEO of a major global oil company appointed by Brazil’s first female president, there has been much interest in Maria das Graças Silva Foster. But her acquired role at Petrobras should have come as no surprise.
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Revenue Watch: 4 out of 5 Companies Fail in Good Governance
The Resource Governance Index (RGI) measures the quality of governance in the oil, gas and mining sector of 58 countries. From highly ranked countries like Norway, the United Kingdom and Brazil to lowranking countries like Qatar, Turkmenistan and Myanmar, the
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Expo 2020: Selecting the Host City
Brazil, Russia, Thailand, Turkey, and the United Arab Emirates have all officially bid to host Expo 2020 by the 02 November 2011 deadline. A decision will be made the the BIE General Assembly in 2013. Expo 2020 will likely represent
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Vladimir Putin Talks About BRICS
BRICS’ relatively new phenomenon attracts increased global attention due to the optimistic predictions about its development, especially against the backdrop of global crisis developments in the world economy. What is BRICS’ immediate and long-term significance for Russia? Is such a
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WTO: China’s Role in Global Economic Governance
By WTO Director-General Pascal Lamy Extracts from his Speech delivered at the China Development Forum in Beijing, 24 March 2013 Few could possibly disagree that China’s economic performance since 1979 has been miraculous. A poor and inward-looking economy with a
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UNCTAD on Emerging Markets FDI Trends
Foreign direct investment (FDI) going into and out of the emerging economies of Brazil, Russia, India, China and South Africa – collectively known as BRICS – is mounting in global influence, according to a United Nations report released on March
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Dilma Rousseff: Big Shoes Too
Dilma Rousseff became the first female president of Brazil in October 2010. As successor to the popular and charismatic Luiz Inacio Lula da Silva, she had big shoes to fill. It can now be safely said that although their styles
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