The biggest firms and richest people in the world have the money states need to invest in services that can improve the lives of billions of people. That could help stop a collective slide into acute social and political tensions.
Tag: emerging economies
After not buying any aircraft for 17 years, Air India has announced the largest order in the history of aviation. It’s a symbol of India’s new standing in the world, its ambitions and the role it has as a model for other non-aligned nations
In Aesop’s Fables, the story about the race between the hare and the tortoise tells people that the rabbit’s complacency and the turtle’s perseverance resulted in an unexpected ending to a seemingly predictable contest. In the 21st century, will the economic race between China and India also offer similar twists and turns, notably because of […]
VIENTIANE – The feeling of lethargy still lingers in the streets of old Vientiane. Things, however, are beginning to change: the time for indolence is over. The capital of Laos, on the banks of the Mekong River, is brushing off its image as a sleepy, colonial market town by hosting the Asia-Europe Meeting (ASEM) this […]
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Is Africa’s Economic Miracle Just A Mirage?
-Analysis- In the financial press, Africa is now hailed as the “go-to” continent. It seems to be at the cusp of a golden age: its growth and direct foreign investment rates recall those of China at the beginning of the 2000s; South Africa has become one of the booming BRICS (Brazil-Russia-India-China-South Africa). The continent also […]