Showing 1 - 5 of 5
Is the 'middle-income trap' real?
Oped, Published on 31/12/2024
» The term "middle-income trap" refers to the tendency of fast-growing developing economies to lose momentum well before they achieve high-income status. First introduced by World Bank economist Indermit Gill and the Brookings Institution's Homi Kharas in 2007, the concept has since become the subject of intense debate among economists.
How is the world doing on SDGs?
Published on 16/10/2024
» Any reader of the daily news could be forgiven for thinking the world is in decline. Amid so many conflicts and societal strains, the United Nations regularly warns that only 17% of the Sustainable Development Goals (SDGs) -- the economic, social, and environmental targets all countries set in 2015 -- are on track to be met by 2030, as agreed, leading many to wonder whether such goals still serve any purpose. But rather than succumb to pessimism, we would do better to examine where the world is making sound progress, where it seems stuck on autopilot, and where things are indeed moving backwards or approaching a tipping point for the worse.
IMF, World Bank prioritize vaccine access to end pandemic
AFP, Published on 02/06/2021
» WASHINGTON - After kicking their massive lending powers into overdrive to help the nations hardest hit by Covid-19 last year, the IMF and the World Bank are now focusing on getting vaccines to poor countries to keep the pandemic from derailing the global economic recovery.
US-China rift is an awfully messy affair
News, Michael Schuman, Published on 13/08/2018
» A financial adviser I know, Frank Astorino, says nothing destroys wealth like divorce. That's a warning China and the US should keep in mind as they intensify their trade war.
Who are tomorrow's consumers?
News, Published on 17/08/2012
» Luxury-brand companies' stock prices plunged in July, after financial results disappointed investors, largely due to slower sales in emerging markets, especially in China.