LONDON -- The main determinants of an emerging economy's ability actually to emerge, sustainably, are politics, policy and all that is meant by the institutions of governance. More precisely, although countries can ride waves of growth and exploit commodity cycles despite having dysfunctional political institutions, the real test comes when times turn less favorable and a country needs to change course.
When power is available, it can be expensive: In many countries in Sub-Saharan Africa, consumers pay as much as 20-50 cents per kilowatt-hour against a global average close to 10 cents.
The flashing Times Square spectacle on display all during August across a patchwork of multiple screens by the Brazilian street art twins is an animated curiosity, a dreamlike adventure featuring their yellow skinned characters who push their way through the screen and get closer to you.
At one point about a dozen years ago, I bought oceanfront property on a remote island in Bahia in Brazil. My imagined goal was to live much of the ye...
When you think of a woman on a passionate mission to support budding women entrepreneurs globally, you naturally envision a successful and accomplished woman herself, right? Shelly Porges is just that woman.
As if the world could merely be understood by the simple use of economic indicators. In fact, the world will be very different from the predictions of the CIA. An international team from Sorbonne University has just published its own analysis on the subject: The world in 2030, what the CIA had not imagined. Its conclusions run as follows.
At twenty-one years old, Erica Heckman is already breaking stereotypes by being among the five percent of American professional welders that are female.
You have destruction; we have reconstruction. You have separated us; we are uniting. You have stones and weapons; we have books, words, pride and the will to change. You have bitterness; we have pride. You have hatred; we have love.
According to UN Women statistics, 35 percent of women worldwide have experienced either physical and/or sexual intimate partner violence or non-partner sexual violence.
If water scarcity prevails, companies could face constraints to growth. They may not be able to provide their core products and services, or may lose the ability to expand their business. As investors in these companies, this is something we are deeply concerned about.
The beef options, not carried around on skewers, include picanha ($34), a prime cut of superb top sirloin roasted on the hearth with garlic and oil (below), and costela ($28)--easily one of the most delicious short ribs dishes I've ever encountered in a city blanketed with them these days.
During my journey, I've had the fortune of meeting a number of ambitious and persistent social entrepreneurs along the way. In this story series, you will hear from some of these indomitable leaders.
Holding my own country to different -- lower -- standards would be the real offense. I expect more, not less, of Brazil.
These artworks depict friends and family from Flores' youth, as seen through the lens of time and distance, based on stories about life in the South Bronx during the fire years of the 1960s.
Social impact bonds hold substantial potential, not only for the United States and Europe, but also for many emerging markets around the world. Recent developments indicate that Latin America may become a robust new frontier market for SIBs, with a rich set of multiple-player ecosystems.
For cities across the Global South with rapidly-growing populations, youth are widely seen as holding the keys to the future. At the same time, however, they typically face higher rates of unemployment than the rest of the population.