How does the current global economic outlook compare to that of a year ago? In 2017, the world economy was undergoing a synchronized expansion, with growth accelerating in both advanced economies and emerging markets. Moreover, despite stronger growth, inflation was tame – if not falling – even in economies like the United States, where goods […]
Three Cheers for Regulation as Mobile internet take charge Of the striking changes any rich-world traveler to low-income countries cannot fail to have missed during the past decade or so is the rapid spread of mobile phone use, followed now by expanding mobile Internet access. Mobile communications are playing the same role in social and […]
We Need a Food Revolution to strengthen food security In 1984, I gathered the most successful musicians of the time to form a “supergroup” called Band Aid to raise money for famine relief in Ethiopia. The next year, an even larger grouping was formed for Live Aid, a major benefit concert and music-based fundraising initiative […]
‘Cheated’ Mobile money users to be reimbursed says Museveni ‘Cheated’ Mobile Money Users in Uganda will have a smile on their faces as the President Yoweri Kaguta Museveni has directed that the 1% Mobile Money Tax that was deducted from them during depositing of money on their mobile money accounts be reimbursed. The President in […]
The intelligent enterprise and the COO of the future Recent advances in computational capabilities and the evolution of exponential technologies such as AI, machine learning, IoT, big data and predictive analytics all built on powerful cloud platforms have heralded the rise of the Intelligent Enterprise. This is creating exciting opportunities and new challenges for COOs, […]
By Kaushik Basu NEW YORK – “It was the best of times; it was the worst of times,” said President Xi Jinping, quoting Charles Dickens’ famous line to open his speech at the 2017 World Economic Forum. “Today,” Xi continued, “we also live in a world of contradictions.” On one hand, “growing material wealth and […]
By Maxwell Gomera and Edward Mabaya CAMBRIDGE , UNITED KINGDOM- On April 3, the United Kingdom announced a ban on the sale of ivory that is “one of the toughest in the world.” By restricting the ivory trade, the UK joined other countries – including China and the United States – in using market deterrents […]
By Anne O. Krueger WASHINGTON, DC – To avoid the Trump administration’s 25% tariff on imported steel, some countries have agreed to accept export quotas on 59 varieties of steel products. At the same time, the administration has declared that US manufacturers that use steel as an input may apply for tariff exemptions from the […]
By Jeffrey D. Sachs and Bandy X. Lee NEW YORK – Seemingly every day now, US President Donald Trump escalates his policy and personal attacks against other countries and their heads of state, the poor and the weak, and migrant families. Most recently, Trump has championed the heartless separation of migrant children from their parents. […]
BY MICHAEL MEYER NAIROBI – It’s the end of the rainy season in Kenya, and this year’s storms have been almost biblical, washing away not only people’s sunny disposition, but also their bridges, buses, livestock, and crops. But the damage cannot be blamed on the weather alone. Roads have been hit especially hard; potholes the […]