Jeffrey Sachs on ‘Who beats corruption?’ Nothing terribly new, but nice and short. Some of you may enjoy.
The currents that will make the world a very different business environment in 2015 – according to Ian Davis, managing director of McKinsey & Co.:
Dominic Wilson and Roopa Purushothaman of Goldman Sachs dream about where the economies of the BRICS (Brazil, Russia, India, China) will be in 2050. Some projections:
Tokyo had Godzilla; New York had King Kong. But will Beijing ever be taken seriously as a great world city before it is destroyed by a giant monster?
Imagethief's post is a lot of fun, and we discover that, among others:
To move cash the few score miles between Mogadishu, Somalia's lawless official capital, and Jowhar, the seat of its transitional government, a local money-vendor has to pay $6,000. For that he gets an armoured lorry, 30 gunmen and three “technicals” — jeeps with heavy machineguns. What he doesn't get is insurance or any recourse to a state authority if his gunmen are killed, for state authority does not exist. But the money vendor still moves the cash, if the amount is big enough, and still makes a profit.