We’ve seen cafes, car sharing, cell phones, and social networking products like iPads, proliferate from the world’s rush to urbanize. So what’s next? Following is a list of top ten urban businesses that are likely to flourish over the next few years.
- Take Two – Tablets. Just as every television now comes with a remote control, so too will every house and apartment come with a ‘control tablet’. We’ve seen the introduction of tablets as cheap as $40 in rural India. The next push will be a clever city that provides every household with a tablet to check on municipal services, emergency announcements, entertainment, and much more. Once every household has its own tablet, the impact will be enormous. The only question now is which city and companies will take a lead. Best guesses: Kitchener, Canada; Gwangju, South Korea; Bangalore, India; Kunming, China; Rotterdam, Netherlands; Thomson Reuters; RIM; Samsung; DataWind.
Growth to job creation to poverty reduction — that would be the ideal dynamic to get countries like Tanzania and Ethiopia on the track toward middle income country status. Yet, a trip to both places earlier last month that was focused on the promise of light manufacturing for Africa made it clear that the production line to prosperity can only be set up with the right incentives, with a smart but selective helping hand from the government.
A daunting development challenge will confront us for the next decade: More than 1 million jobs per month – every month, for a decade or more – will need to be created to raise the living standards of the 2.6 billion who live on less than $2 per day, and the billions who will soon try to enter the paid workforce amid one of the greatest demographic surges in human history. Job creation in the public sector is expected to be flat, at best, so most of the needed jobs will have to be created by the private sector. But how?
Focusing on the macroeconomic agenda is necessary but insufficient. Most countries have rolled out macro-level reforms, but policymakers increasingly argue that the macro policy agenda must be complemented by targeted growth programs focusing on specific industries and value chains. Policymakers urgently seek practical solutions to meet the job-creation challenge.
Are you a South Asian artist from Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, or Sri Lanka and born in or after 1975?
You are invited to share examples of your work for the exhibition South Asia Artists: Imagining Our Future Together.
Imagining our Future Together is a juried group exhibition that will be on display in throughout South Asia and beyond.
The concept of the exhibition comes from the realization that cooperation among the countries of South Asia is the key to the region’s success in the 21st century. And what better example of transcending borders and breaking stereotypes can be seen than in art created by emerging artists, some of our society’s most perceptive, creative and genuine minds?
Imagining our Future Together is an opportunity to communicate your experience, feelings and thoughts as visual artist to the rest of the world.
A few weeks ago, I attended the launch ceremony of the new Palestine Capital Growth Fund, a subsidiary of the multibillion-dollar, Dubai-based private equity fund Abraaj. I found that many people questioned why Abraaj would operate in the Palestinian Territories. Some would even describe such a move as a pure act of social responsibility. But it is not.
Since the start of 2012, expectations in Zambia have been running high: stable economy; a newly elected government; recently crowned African football champions. Everything seems possible. For the new government, fulfilling election promises will require well thought through development decisions. Are the decisions taken so far having the intended consequences?
The Zambian economy has been remarkably resilient, with growth averaging 6.6% in the past five years, supported by strong macroeconomic policies, high copper production and favorable prices. End-year inflation has been in single digits for four of the last five years, the debt and fiscal positions well within sustainable levels. In addition, since independence, the country has witnessed five peaceful elections leading to four changes in government. These factors auger well for the future economic prospects of the country. Or do they?
Important developments today:
1. Spanish bonds fall on debt concerns, continued rise in unemployment rate
2. US consumers buoy economy.
We know that water and sanitation services do not always recover their costs from tariffs. So, if communities or governments are to maintain the infrastructure properly, they depend on the public budget. And those expenditures must be predictable and transparent.To take a closer look at this issue, the World Bank analyzed public expenditure on water supply and sanitation from fifteen countries in Sub-Saharan Africa, assessing how much public money was budgeted for the sector and on what it was spent.