Business fighting AIDS

Richard Holbrooke and Mark Moody-Stuart, both members of the Global Business Coalition on HIV/AIDS, have an op-ed in today’s Financial Times arguing that business has vital role to play in fighting Aids.
Richard Holbrooke and Mark Moody-Stuart, both members of the Global Business Coalition on HIV/AIDS, have an op-ed in today’s Financial Times arguing that business has vital role to play in fighting Aids.
The World Economic Forum on the Middle East is this weekend. Podcasts and webcasts and more available online.
IMF managing director Rodrigo de Rato has proposed that John Lipsky, currently Vice-Chairman of JPMorgan, be appointed as the IMF's first deputy managing director. He would be succeeding Anne Krueger, who retires in August.
de Rato also announced a high-level committee to think about the IMF's financial model and its long-term sustainability. Greenspan and El-Erian are just some of the names on board.
The shortlist for the IFC-Financial Times sustainable banking awards has been released.
Poor countries and poor communities world-wide will have a disproportionately difficult time preparing and adapting to climatic change given that most of them are already vulnerable to climatic extremes and other natural hazards.
People tend to think of severe weather (floods, droughts, violent storms, or frosts) when they hear about climate change impacts but the implications of these phenomena are only beginning to be appreciated and understood. Although it may seem almost counterintuitive, but slow, persistent, small changes matter just as much to a poor farmer:
Kleiner Perkins Caufield & Byers said Thursday that it will establish a $100,000 annual prize to promote technology or policy innovation in green technology. "This award will encourage innovation in sustainable, green growth," said KPCB partner Brook Byers.
The country could have either of two starkly contrasting futures. One road leads to a market economy under the rule of law, with a civilized political order; the other leads to crony capitalism.
Reuters has a Bono in Africa blog - probably because he doesn't get enough media attention. If you always wanted to ask the man/icon/pop-star/development expert a question, now is your chance.
Last week we told you about the Global Private Equity Conference. Video and presentations from the event are now available online. Also see the IFC press release.
The informal sector plays a significant role in developing countries viz. the provision of employment, income and supplying ignored markets. However, working and employment conditions within the sector are still poor. Its expansion and changing structures have thus drawn the attention of scholars and international policy makers to the factors hindering its formalisation. Among the factors addressed are the high costs of formalisation and the lack of incentives for operating in the formal sector.