Tag Archives: World Bank

4 challenges facing Egypt’s new president Sisi

Egypt’s newly elected President, Abdel Fattah al-Sisi, inherits a nation embattled by years of turmoil and instability. A bleak economic situation and continued crackdown on opposition and militant attacks are likely to define his time in office. Following Mubarak, Morsi, and military rule, the Republic of Egypt has once again redefined its political landscape with […]

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Myanmar Mandalay Temple Kutho Daw Pagoda; Source: DANIEL JULIE via Wikipedia

Is Myanmar a new El Dorado for foreign investors?

Myanmar (formerly known as Burma) moved from a 50-year-long military regime to budding civilian rule in 2011. The political transformation has initiated social and market reforms and has piqued foreign investors’ interest in one of the last Asian frontier markets to open. Having moved from being one of the richest countries in Asia before World War II to one of […]

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Abuja Nigeria

Nigeria becomes Africa’s largest economy after GDP revision

Nigeria has begun using a new base year for its GDP calculations and has added new sectors to the economy. The change in calculation has nearly doubled its GDP estimate for 2013. At the beginning of April, Nigeria overtook South Africa as the largest economy on the continent, nearly doubling its GDP through a statistical revision. […]

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Cape Town South Africa Fracking Rally

4 policy areas South Africa must address

South Africa faces increased regional competition as a place for investment. Here are 4 areas that may help the country stay ahead. This April marks the three year anniversary of the inclusion of South Africa in the BRICS group since South African President Jacob Zuma spent considerable efforts to be included. That group of widely […]

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Cristina Fernández Argentina

The Repsol settlement – a path forward for Argentina?

Argentina has finally negotiated an end to one of Latin America’s most turbulent investment conflicts, opening the door to further development of the country’s newly-discovered energy resources. But there are many unresolved conflicts, and with populist economic measures in Buenos Aires, investors must remain vigilant, and perhaps, skeptical. In April 2012, President Cristina Fernandez de […]

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Christine Lagarde IMF

IMF pushes for Ukraine reforms as part of aid package

In response to the recent turmoil in Ukraine, the IMF is working to extend financial assistance but will likely ask for reforms in the public, business and energy sectors. The International Monetary Fund (IMF) dispatched a “fact finding” mission to Ukraine the first week of March to consult on a financial program to support the […]

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Vietnamese farmers

Widening wealth gap threatens Vietnam’s political stability

A joint report issued earlier this month by the Vietnam General Statistics Office and the World Bank has drawn attention to a growing wealth gap in the Southeast Asian nation. The gap is both economic and geographical, with the majority of the rural community growing increasingly poor in contrast to a wealthier urban populace. If […]

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Why Stan Fischer’s next job matters for global financial stability

The US Federal Reserve is getting a new face: Stan Fischer will likely become the body’s new vice chairman. All eyes are on where he stands on the Fed’s increasingly regulatory role. Last month, US President Obama nominated Stan Fischer for the vice chairman position at one of the world’s most influential financial regulatory policy bodies: […]

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East African Community moves toward a single currency

The EAC signed a Monetary Union Protocol at the end of last year, putting it on track to introduce a single currency by 2024. The East African Community, made up of Kenya, Tanzania, Rwanda, Uganda and Burundi, signed an agreement on November 30, 2013 outlining a ten-year path toward the introduction of a single currency and unified […]

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girl in South Sudan

Growth impeded by obstacles to female traders in Africa, says report

A recent World Bank report finds that women make major, significant contributions to trade in most African countries, but face many obstacles when it comes to fully realizing the potential of their trade activities. Removing these barriers is critical to not only women’s empowerment and but also the continent’s success in fully taking advantage of its […]

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