Tag Archives: India
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
Africa Continues to Grow Strongly Despite Global Slowdown, Although Significantly Less Poverty Remains Elusive
WASHINGTON, April 15, 2013/African Press Organization (APO)/ – Economic growth in Sub-Saharan Africa is likely to reach more than 5 per cent on average in 2013-2015 as a result of high commodity prices worldwide and strong consumer spending on the continent, ensuring that the region remains amongst the fastest growing in the world — according to the World Bank’s latest Africa’s Pulse, a twice-yearly analysis of the issues shaping Africa’s economic prospects.
South Africa should leverage its position in BRICS to increase investments in the development and upgrade of Africa’s inadequate infrastructure, says David Humphrey, Global Head of Power and Infrastructure at Standard Bank Group.
Breakbulk Africa Congress 2013 Promises Unsurpassed Breakbulk & Project Cargo Logistics Education, Strategy & Networking
CAPE-TOWN, South-Africa, March 26, 2013/African Press Organization (APO)/ – Michael Lalor, Ernst & Young’s Director of Strategy and Innovation-Africa Business Center, will outline sub-Saharan Africa’s development, investment trends and proposed capital projects during the Day One keynote speech at the Breakbulk Africa Congress 2013 (http://www.breakbulk.com) (April 15-18, 2013 Southern Sun Cape Sun Hotel, Cape Town).
There are more cellphones than toilets in India and it’s estimated 1.2 billion people don’t have access to sanitation, a situation that has led to disease, infant mortality and widespread economic loss. A World Bank initiative promoting the installation of toilets has been a success in some parts of India, where people have traditionally defecated in the open.