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Development

China's presence on Fortune's Global 500 list grows, despite economic crisis

James I Davison's picture

Another example of China’s respectable growth, despite the global economic crisis, is apparent in this month’s Fortune magazine, with its Global 500 list of the world’s largest companies.

New web and mobile connectivity report: China, the Philippines lead region in IT jobs

James I Davison's picture
Students take a computer course at a private school in Cambodia.

A number of fascinating web-related findings came out of a World Bank report, released this week, which ties Internet and mobile phone access in developing countries to economic growth, job creation and good governance. Connectivity in the developing world seems to be better than ever. In developing countries worldwide, there are currently three billion mobile phone users, and the number of Internet users in developing countries increased by 10 times between 2000 and 2007.

In East Asian and Pacific countries, the number of Internet users (15 percent) was slightly above the developing-country average in 2007 (13 percent), but was still below the world average that year (22 percent). The connectivity and access to new information and communications technologies changes the way companies and governments do business, while bringing vital health, financial and other market information to people like never before.

While India is the clear leader in creating information technology-related jobs, China and the Philippines both stand out as benefiting by generating new job opportunities. And within the industry, the Philippines is also notable, because its IT services workforce is made up of 65 percent women, who hold more high-paying jobs than in most other sectors of the economy.

You can take your own look at the statistics compiled on each country, or create your own custom reports, from the IC4D Data & Methodology page.

You can also submit questions now for Christine Zhen-Wei Qiang, World Bank economist and editor of the report, for a live online chat on July 28 at 11 a.m. in Washington, D.C.

Carbon Expo: A marketplace to finance environmental change

Florian Kitt's picture

Carbon finance sounds boring and technical and not much fun. However, it actually does a lot of good and can help fund critical environmental preservation projects as well as introduce clean and renewable technologies in both developed and developing countries.

Agricultural trade, global warming, and development: Part 1 Can global warming thaw the Doha negotiations?

John Nash's picture

As we approach a critical phase in the negotiations regarding climate change, and continue to grope for a way forward in the Doha Round negotiations, it seems to me to be worth emphasizing the multi-faceted linkages between a liberalized trade regime and climate change. Some of these linkages have received fairly extensive attention.  For example, it is widely recognized that trade barriers to movement of low-carbon technology need to be kept low, and this is being addressed (although some might think inadequately) under the rubric “trade in environmental services” in the Doha Round negotiations. But other connections have received, IMHO, a level of attention that grossly undervalues their potential to contribute to objectives on either the trade side or the climate change side, or both. This is especially true in the realm of agriculture.

Bangkok's Skytrain an example of the good infrastructure and services Thailand needs

Pichaya Fitts's picture

It takes me just a few minutes to get to my office roughly two kilometers away. Before the Skytrain came along, the very same journey could take anywhere between 15-45 minutes.
At 2:30 p.m. on a weekday, the Skytrain in Bangkok, Thailand, was still pretty crowded. I squeezed myself into a small space near the doors, waiting to exit at the next stop. Suddenly, a cheery sound of music wafted through the air before a woman, standing not far from me, shouted a "Hello" into her tiny cellular phone.

"I'm on the train, two stops away from you," she told the caller. "Will get there in a heartbeat."

That got me thinking. Getting somewhere in a heartbeat was – at least until 1999 – a luxury no Bangkokian could afford (unless they owned a private helicopter). I remembered when this city's traffic jams topped the list of things that would come to mind when people thought of Bangkok. (The next down in that list would probably be air pollution, but that's a subject for a later discussion!).

what i do...and who i am...

Christine Sedky's picture

For many years I had this dream that I would be working to retain traditional craftsmanship among poor artisans in Egypt. I decided to make a leap and see if I as one individual could make a difference in the country where I was born, Egypt.  I created a nonprofit, Ayadi (which means many hands in Arabic) and am now in Cairo trying to retain traditional craftsmanship in Cairo. 

G7 and G24 Meet in Washington DC

Sameer Vasta's picture

G24 Discusses Financial Crisis

The Ministers of the Intergovernmental Group of Twenty-Four (G24) met in Washington yesterday to discuss the global financial crisis and its widespread impact.

Following the meeting, they released a communique that highlighted, among other issues, the fact that the current crisis was having a "disproportionate effect on developing countries through various channels, including falling prices of primary commodities, sharply contracting exports, declining remittances, negative net private capital flows, and credit crunch affecting many countries"

You can download the full communique from the G24 meeting here.

G7 Addresses Recession and Downturn

The G7 Finance Ministers and Central Bank Governors met in Washington DC yesterday, amidst what they claim is "the the deepest and most widespread economic downturn and financial stress witnessed in decades."

You can read the full statement by the G7 here.


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