International Finance

Category : Economy

Economy

India:Corporate Social Responsibility

International Finance Desk
The World Bank seeks to strengthen the collaboration between corporate business strategies and national development priorities by supporting the Government of India’s Ministry of Corporate Affairs. 23rd September 2013 What is corporate social responsibility? Corporate Social Responsibility (CSR) is often defined as corporate responsibility, corporate citizenship, social enterprise, sustainable development, triple-bottom line, corporate ethics, and...
Economy

Currency Overvaluation Could Plunge Argentina into Crisis

International Finance Desk
The official inflation data has been widely viewed as inaccurate by economists, created by a corrupt government to hide the real cost of inflation and allowing it to underpay its debts. 21st September 2013 Argentina’s economy minister announced earlier this week that its economy is expected to grow by 6.2 percent next year; its Gross...
Economy

“Septaper” delayed by Fed

International Finance Desk
The S&P rose by 1.2 percent to 1,725.48 at 4:02 P.M in New York, the yield on the 10 year Treasury note dropped 15 basis points to 2.70 percent. 20th September 2013 In an unexpected move The Federal Reserve refrained from reducing its $ 85 billion bond buying, saying it needs more evidence of lasting...
Economy

Jan-Peter Olters: The Catch-up with Europe Is Now Possible

International Finance Desk
Kosovo has made considerable inroads into closing the income gap with other countries in Southeastern Europe and the EU. 20th September 2013 Analysts’ assessments of Kosovo’s development fluctuate between disastrous (en route to becoming worse) and resilient (with the potential of considerable growth acceleration). Available statistics help to underpin any view on the state of the...
Economy

World Awaits “Tapering”

International Finance Desk
The decision and economic projections are out at 1800 GMT while Fed Chairman Ben Bernanke will start his press conference half an hour later 19th September 2013 Today’s Federal Open Market Committee meeting  will be seen with huge interests by investors, financial markets, currency strategists and commodity traders as the world’s most powerful central bank...
Economy

New Partnership Takes Fresh Approach to Creating Jobs and Strengthening Private Sector Growth Potential

International Finance Desk
The World Bank Group and other development partners already provide valuable support to developing countries in helping strengthen private sector growth. 19th September 2013 A new partnership among the World Bank, the European Union and the African, Caribbean and Pacific Group of States (ACP) Secretariat, along with the governments of Austria and Switzerland, convened for...
Economy

Romania has a great advantage on developing countries: It is part of the most important economic club in the world, the EU

International Finance Desk
The World Bank experts are involved in a consultancy project which will provide assistance to the Romanian authorities to develop the regional development strategy. 19th September 2013 The experiences and expertise of the World Bank goes back to the 1940s, with the first loan being offered to France – to help with the post-war reconstruction....
Economy

Asian financial integration: How much has it come true?

International Finance Desk
During the period following the Asian financial crisis of 1997, many Asian economies modernized their financial sectors and strengthened linkages with the financial sectors of other economies in the region. As articulated by Cavoli, Rajan, and Siregar (2004) in their survey of East Asian financial integration, financial integration is a multidimensional process closely associated with...