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East Asia and Pacific

Just say no to corruption

Michael Jarvis's picture

Likening corruption in some ways to an addictive drug, Paul Volcker urged those in situations where there is pressure to engage in bribery and corruption to “Just say no” – a message that must come from the very top leaders in all sectors.

Economists debate financial sector in India and China

Michael Jarvis's picture

The IMF/World Bank Annual Meetings Program of Seminars here in Singapore kicked off Saturday morning with "Opening and Reforming the Financial Sectors in China and India" - a provocative session packed with economic heavy hitters.

Reforming collateral laws

As the protesters among you certainly know, the IMF-World Bank Group annual meetings are underway in Singapore. Tomorrow, look for the release of the World Development Report: Development and the Next Generation.

Really mobile phones

If you don't have plans for the next 2 minutes and 42 seconds, please watch this video.

Thanks to the consistently entertaining AfriGadget for pointing me to it.

Bhagwati: trade agreements as termites

Jagdish Bhagwati held a Q&A on Daniel Altman's blog on globalization at International Herald Tribune. Altman has an impressive calendar ahead - look for opportunities to ask questions of Joseph Stiglitz and Jeffrey Sachs in coming months. To a question about the proliferation of regional trade agreements at the expense of multilateral improvements, Bhagwati writes:

Kenya wants own internet cable

The BBC reports that Kenya is planning its own internet cable, in another blow to the much hoped-for East African Submarine cable System (EASSy). The project hasn't received funding yet, but would extend from Mombasa to Fujairah in the Gulf of Oman.

Female entrepreneurship on the rise

Chile has half a million female entrepreneurs, a marked increase in just the last 3 years. If current trends continue, as many women as men will be starting new businesses in Chile in 2010. These figures are from the Report on Women and Entrepreneurship in Chile - 2005/2006 (overview in Word), prepared by Universidad del Desarrollo.

McPassport to labor mobility

Today in Brussels, McDonalds Europe launched a new program that could bring tremendous labor flexibility to its 225,000 European employees. The McPassport (I'm not making this up) makes its easier for employees to move to another of the roughly 6,000 McDonalds locations in Europe. The document contains detailed information on the employee - such as positions held, dates and salary history - although he or she will still go through an interview before hiring.

G8 quiet on vaccine commitments

The New York Times reported last week that the G8 would be discussing advance market commitments for vaccines. The meeting in Rome has come and gone, but I haven't been able to find any evidence that they came up with anything. A shame, as an ounce of prevention may be worth much more than a pound of cure.