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Reform yourself and the equity returns will follow

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.

The most transformative development technology

Cellp_phones_2 Currently there are around 3 billion mobile phone subscribers. By 2015 this number which is expected to reach 5 billion when, according to Nokia, two out of three people in the world will have a cell phone.

What's wrong with Africa by Andrew Mwenda

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.

Doing Business 2008 report comes out in two weeks, in the meantime have a look at these

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.

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