The next president of the World Bank ought to be selected carefully and in an open and transparent manner. It is January now and the next president should be selected before June 30 when Robert Zoellick's term ends.
The original goals of the European Union of were peace, stability, security, economic solidarity and the promotion of humanitarian values. In the all-out effort to retain Moody's AAA status, it is integral to keep those goals ahead of us, not in the rearview mirror.
As we mark International Anti-Corruption Day, we should acknowledge that there is no single quick fix for curbing corruption. But there are steps that can and should be taken to raise the cost of being corrupt -- to send a powerful message that corruption doesn't pay.
Whether reforms follow or not, the uncovering the true meaning of what our leaders do, has irresistible appeal in-and-of itself. No wonder impact analysis has become almost an academic obsession to the new generation of economists.
"In this connected world, we are all in the same boat. If part of the boat has a hole in it you cannot say afloat." The words of the chief executive of Hong Kong SAR, Donald Tsang, spoken at the APEC CEO Summit, could be said to embody the preoccupations of APEC as a whole.
Volatility is also affecting global food prices, and with them, millions of people in developing countries. So, just as the world marks the birth of the 7 billionth baby this week, his or her family might be struggling to put food on the table.
Key decisions about the sector cannot be left to undemocratic, non-transparent institutions. Civil society groups have started to pry open the echo chambers of the G20 and its cooperation with other powerful actors.
If the World Bank and an Indian power utility have their way, the Rampur hydropower project in Northern India will increase global CO2 emissions by 15 million tons, at a cost of $164 million to unsuspecting energy consumers in Sweden.
Coal plants don't come dirtier than the Soviet-era relics currently in operation in Kosovo. Despite the terrible pollution these plants spew, the World Bank has decided the only option for this young country is to lock in more of it.