Trade & Investment

Beyond Rhetoric: UN Member States Start Work on Global Goals

UN member states “are going beyond rhetoric and earnestly working to achieve real progress” towards the Sustainable Goals, the members of the Group of 77 and China said in a ministerial statement delivered here on 18 July.

San Juan City: The Smart City of the Future

The Philippines has so much to offer to the world, not only ecological treasures by way of tourism, but brilliant minds, visionaries, and craftsmen. Other nations find the uniqueness and diversity of our ecology unimaginable—such as having the third-longest coastline in the world as well as endemic species of plants and animals. Another unimaginable phenomenon, our economy remains strong despite the fact we are crossed by an average of 21 typhoons a year and is located in the Pacific Ring of Fire—prone to eruption of active volcanoes, and earthquakes.

Economic Recovery Needed To Enhance Food Security

After a half century of decline, agricultural commodity prices rose with oil prices in the 1970s, and again for a decade until 2014. Food prices rose sharply from the middle of the last decade, but have been declining since 2012, and especially since last year, triggering concerns of declining investments by farmers.

International Trade Favours Multinational Corporations

Trade is sometimes thought of as an economic activity that only favours the large corporations. While we may disagree, the reality of international trading is often harder and more expensive for Micro, Small and Medium Enterprises (MSMEs). The smaller the business, the bigger the barriers can seem.

Germany’s Energy Transition: The Good, the Bad and the Ugly

Immerath, 90 km away from the German city of Cologne, has become a ghost town. The local church bells no longer ring and no children are seen in the streets riding their bicycles. Its former residents have even carried off their dead from its cemetery.

Fast-track Development Threatens to Leave Indigenous Peoples Behind

Fast-tracked development often means that indigenous people and their territories get run over and their rights are not taken into consideration, Roberto Borrero, from the International Indian Treaty Council and Indigenous Peoples Major Group, said here Friday.

Ramifications of Terror Attacks in Bangladesh

At a time when Bangladesh has broken the 6 percent growth trap and has begun its journey towards achieving a faster growth of about 7 percent, and at a time when Bangladesh has achieved the status of a lower middle income country with a per capita income of USD1314 in 2015, it experiences the greatest shock in recent times. This has suddenly changed the perspective on Bangladesh. The ruthless killing of 20 lives, including 17 foreigners at the Holey Artisan Bakery of Gulshan in Dhaka on July 1, 2016, by terrorists has brought new realities for Bangladesh. A country which boasts to be a moderately Islamic country, holding the values of Islam yet being tolerant to other religions and a country that is reputed for its warmth and hospitality towards foreign nationals, has come under the global radar due to the brutality of recent terror attacks. While the grief for the lost lives is going to make a permanent place in our hearts, the implications of this painful episode on other spheres of lives cannot be ignored either.

Rewriting Africa’s Agricultural Narrative

Albert Kanga Azaguie no longer considers himself a smallholder farmer. By learning and monitoring the supply and demand value chains of one of the country’s staple crops, plantain (similar to bananas), Kanga ventured into off-season production to sell his produce at relatively higher prices.

What can Development Banks do to Protect Human Rights?

In a petition signed by 150 NGOs, the Coalition for Human Rights in Development have called for development banks to make sure that human rights are respected by their beneficiaries.

Increased Adb Aid Will Help Cushion Economic Blows

The Philippines faces prospects of slower growth this year because of external factors.One such factor is the effect of Brexit on the world economy. With Brexit causing the European Union’s already sluggish economy to shrink further, Philippine exports to EU countries in 2016 may end up being less than half of last year’s.

Is Sustainable Development Hindering Economic Recovery?

The global economic and employment situation is alarmingly protracted, with recovery not expected any time soon. In October 2012, then IMF chief economist Olivier Blanchard indicated he did not see a global economic recovery before 2016.

What Does it Really Mean to “Leave No One Behind”? 

Although “leave no one behind” has become a central rallying cry around the UN's Sustainable Development Goals, more needs to be done for it to be put into practice, civil society said during a review conference of progress made on the Post-2030 agenda here this week.

Large-Scale Rainwater Harvesting Eases Scarcity in Kenya

Rainwater harvesting in Kenya and other places is hardly new. But in this water-stressed country, where two-thirds of the land is arid or semiarid, the quest for a lasting solution to water scarcity has driven useful innovations in this age-old practice.

Is Federalism Pro-poor?

Poverty, according to the United Nations, is “a denial of choices and opportunities, a violation of human dignity. It means lack of basic capacity to participate effectively in society. It means not having enough to feed and clothe a family, not having a school or clinic to go to, not having the land on which to grow one’s food or a job to earn one’s living, not having access to credit. It means insecurity, powerlessness and exclusion of individuals, households and communities. It means susceptibility to violence, and it often implies living in marginal or fragile environments, without access to clean water or sanitation.”

China-led Development Bank Pledges $500 Million to Asian Projects

The Beijing-based Asian Infrastructure Investment Bank (AIIB), which was launched last year with the aim of funding projects on a continent with some of the world’s most populous nations, has pledged over $500 million in four concessional loans to Bangladesh, Indonesia, Pakistan and Tajikistan.

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