Category : Economy

The prosperity created by Europe’s economic freedoms has allowed its citizens to live longer, healthier lives. But the way Europeans have responded to growing wealth and longevity should serve as a cautionary tale for Asia. A Chinese proverb tells us that it is wise to learn from your own mistakes but wiser to learn from...

Africa’s farmers and agribusinesses could create a trillion-dollar food market by 2030 if they can expand their access to more capital, electricity, better technology and irrigated land to grow high-value nutritious foods. WASHINGTON, March 4, 2013–A new World Bank report “Growing Africa: Unlocking the Potential of Agribusiness,” says that Africa’s farmers and agribusinesses could create...

Poland’s development of an economy is almost organic, with each generation of enterprises going through successive phases of growth and decline, and being displaced by a new generation, with different, often more sophisticated products.x Before being a successful entrepreneur, Henry Ford was a failed one.  In 1901, his first company went bankrupt, because of poor...

Latin America is in a position to continue to drive growth and to be part of the solution to global problems in the coming years. Panama City – Latin America is in a position to continue to drive growth and to be part of the solution to global problems in the coming years, said World Bank...

City governments and mayors in the region are now facing difficult challenges arising from climate change, economic transformation, and demographic shifts in their cities. Sustainable development – particularly in cities – must be both environmentally responsible and socially inclusive. This is especially true for the Europe and Central Asia region, wherein more than two-thirds of...

Regional cooperation benefits Cambodia and its neighbours in a number of ways. The world is getting more interconnected each day. As a result, global and regional cooperation has increased dramatically. This is particularly true here in Asia. Cambodia, of course, is closely linked to regional bodies, having just finished chairing the Association of Southeast Asian...

Technology the key in Boosting trade between South East Asia and South Asia. April 28, 2013: Better connectivity between South Asia and Southeast Asia – through hardware and associated software – can unlock the full benefits of closer economic ties between the two subregions and help rebalance Asian growth toward domestic and regional markets, delegates...

Many governments are now confronted by a substantial and highly vulnerable segment of the population in urgent need of some form of social protection, largely because older people are disproportionately affected by poverty. As the region’s families change and populations age, the elderly are being left behind. National pension systems, and creative policy decisions, are...

The international financial crisis has had a serious impact on the countries of the Europe and Central Asia region. Growth is slower, unemployment is higher, public debt has soared, and trust in the stability of banks has been eroded. The Role of Financial Reporting in the Policy Response to the Financial Crisis The international financial...

Urbanization brings higher productivity because of its positive externalities, economies of scale and build green industrial zones to attract manufacturing. Urbanization degrades the environment, according to conventional wisdom. This view has led many developing countries to limit rural – urban migration and curb urban expansion. But this view is incorrect. There are a number of...