Allianz's competitiveness report ranks 17 countries + the Euro area for competitiveness. The publication measures economic performance, growth, and the rigidity of labor and product market regulations and includes selected emerging markets. Interestingly, Russia placed above India.
Literally ... and win up to $200,000 to do it.
The World Bank's Development Marketplace has recently launched the Lighting Africa Grant Competition.
There's much talk about the need for creditor-friendly laws in order to provide more capital to private sector. But how much is a better lenders' right to collateral worth in an absence of effective enforcement?
... a bit later than planned. Apologies.
Our excuses also to those who sent comments during the Summer and didn't see them published. The spam we have been getting has reached overwhelming levels and we have to redesign slightly the "comment" section. It should be working very soon.
We will also continue with our Fridays Academy series, and will add new features in upcoming weeks, so stay tuned.
The disinterest in vaccine development throughout the 1990s led many to call for government intervention.
Having analyzed roughly twelve years of empirical economic research, Mirjam van Praag and Peter Versloot say that entrepreneurs, apart from being good at creating jobs, bring joy to the workplace:
Entrepreneurs pay not only lower wages, but offer fewer benefits. However, apparently, entrepreneurs offer other intangible benefits to their employees because their employees are more satisfied with their (lower paid and less secure) jobs than the employees of their counterparts.
FT reports on the progress of initiatives, such as cross-boarder mortgages, to incorporate remittances into the mainstream financial system, where money transfers can be used more effectively for local investme