Today, 3,500 biogas plants generate just under one percent of the energy used in Germany and more are under way. These cone-shaped buildings work much like bovine stomachs.
How did Eastern Europe overtake East Asia? In a four-minute video interview, Michael Klein, World Bank-IFC Vice President for Financial and Private Sector Development, explains why countries that didn't make it to the top of the Doing Business 2008 report don't have to despair.
By the way, did you know that Estonia and Poland have as many registered businesses per capital as Hong Kong? The same holds for Georgia and Malaysia.
Are social websites a major damper to productivity? A new report finds that 233 millions hours are lost to Internet networking every month.
The problem with the African continent and the problem with the aid industry is that is has distorted the structure of incentives facing the governments in Africa. The productive margin in our government search for revenue does not lie in the domestic economy. It lies with international donors. Rather than sit with Ugandan entrepreneurs, Guinean business, South African enterprising leaders, our governments find it more productive to talk to the IMF and the World Bank.
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.