Tag Archives: formal
Seventeen years from now, half the global stock of capital, totaling $158 trillion (in 2010 dollars), will reside in the developing world, compared to less than one-third today, with countries in East Asia and Latin America accounting for the largest shares of this stock, says the latest edition of the World Bank’s Global Development Horizons (GDH) report, which explores patterns of investment, saving and capital flows as they are likely to evolve over the next two decades.
Developing countries to dominate global saving and investment, but the poor will not necessarily share the benefits, says report
- Developing world’s share of global investment to triple by 2030
- China, India will be developing world’s largest investors
- Boost to education needed so poor can improve their well-being
Global Development Horizons 2013: Capital For the Future from WB_Research
In less than a generation, global saving and investment will be dominated by the developing world, says the just-released Global Development Horizons (GDH) report.
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments. In FY12, our investments reached an all-time high of more than $20 billion, leveraging the power of the private sector to create jobs, spark innovation, and tackle the world’s most pressing development challenges. For more information, visit http://www.ifc.org.
13 Million Cards to be issued first, in largest card rollout of its kind in Africa
IMF Executive Board Completes First Review Under ECF Arrangement for Niger and Approves US$16.9 Million Disbursement
- Africa has the potential to create a trillion-dollar food market
- But farmers need better access to help them grow and trade their products
- A new report outlines challenges and solutions to Africa’s Agriculture and Agribusiness sectors
WASHINGTON –A new World Bank report “Growing Africa: Unlocking the Potential of Agribusiness,” says that Africa’s farmers and agribusinesses could create a trillion-dollar food market by 2030 if they can expand their access to more capital, electricity, better technology and irrigated land to grow high-value nutritious foods. The report calls on governments to work side-by-side with agribusinesses, to link farmers with consumers in an increasingly urbanized Africa.
PARIS, France, March 4, 2013/African Press Organization (APO)/ – South Africa must step up efforts to foster strong, inclusive economic growth that creates jobs, according to the OECD’s latest Economic Survey of South Africa. Priorities include a growth-enhancing macroeconomic policy-mix, and better implementation of structural reforms, notably to improve education.
The feasibility of establishing a BRICS development bank will be an agenda item prominent in the upcoming fifth BRICS summit. The envisioned bank is expected to focus on financing infrastructure development projects and providing auxiliary support for project preparation such as feasibility studies, according to a report released by Standard Bank Group today.