The latest note from the World Bank’s Public Policy Journal reports that private investments in water and sanitation projects increased by 36% in 2004.
In an effort to revitalize the company after years of stagnant profits, BakeCo Inc., makers of Good Twist Pretzels and Fluffy Brand Cream Cakes, announced plans Monday to move their Newark-based production facility underseas.
This from the satirical magazine, The Onion. Of course, the new business environment is not without its hazards:
Ukrainian President Viktor Yushchenko is to disband the country's traffic police because it has proved impossible to stamp out corruption. He has ordered a decree to be drawn up abolishing the department, which employs 23,000 people.
Read the full story at the BBC website. This is the 'big bang' approach to corruption. President Yuschenko is also trying to eliminate swearing:
A new online discussion has been launched on the role of the private sector in natural disaster recovery and risk mitigation. All are encouraged to participate.
Paolo de Renzio and Andrew Rogerson of the Overseas Development Institute argue in Power to Consumers? A bottom up approach to aid reform that for all the fuss about harmonizing aid efforts, competition can be helpful and is a more productive way out of chaos and fragmentation. They propose, for example, that before any donor agency can receive funds from the proposed International Financing Facility, they must be sufficiently highly rated by recipient countries.
In the latest issue of his magazine, Steve Forbes wonders why Mexico’s growth rate is such a disappointment. His answer: unnecessary and burdensome regulation.