It's that time of year again. In the sleepy alpine town of Davos, business, government and civil society leaders have come together for the 38th annual World Economic Forum. This year's theme is "The Power of Collaborative Innovation."
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. They turn organic material into methane.
Two out of five firms in Africa and Latin America report having to make unofficial payments to "get things done." One in six is expected to present "a gift" when meeting with tax inspectors. The "Graft Index of Firm Transactions" (below) shows that African firms are three times more likely to be asked for money than their Latin American counterparts.
After the release of the third round of the Bank Regulation and Supervision Database in July, on October 26 a workshop will take place where academics, bank supervisors, and market participants can discuss the strengths and shortcomings of this data, and the resulting policy implications.
Are social websites a major damper to productivity? A new report finds that 233 millions hours are lost to Internet networking every month.