When night falls, there are over 1.3 billion people, mostly in the developing world, who live in virtual darkness because they have no access to electricity.
New investments from the International Finance Corporation (IFC), the World Bank’s private-sector investment arm, may perpetuate economic inequality rather than alleviate poverty in Myanmar, critics here are warning.
Mobile-finance and direct cash grants are revolutionary tools that can substitute for under-developed financial sectors and help reduce poverty and promote entrepreneurship in developing countries, according to researchers here.
The world is increasingly hungry because small farmers are losing access to farmland. Small farmers produce most of the world’s food but are now squeezed onto less than 25 percent of the world’s farmland, a new report reveals. Corporate and commercial farms, big biofuel operations and land speculators are pushing millions off their land.
Mining is not viable in this country, say Salvador Sánchez Cerén - who will be sworn in as the new president of El Salvador on Jun. 1 - and his team of environmental advisers.
Tens of thousands of women employed as seasonal workers in rural areas of Chile suffer high levels of poverty and poor working conditions, even though their labour generates huge profits for agricultural exporters.
Democratic governance offers a viable option for developing countries to achieve economic growth and inclusion, yet this doesn’t need to follow the Western model, new research released here this week suggests.
The Congress Party took a beating in India’s recent parliamentary election and has been now been sidelined by the Hindu nationalist Bharatiya Janata Party (Indian People’s Party, or BJP).
Janice Gacheri imports handbags and shoes from China which she sells on social media sites and by word of mouth to customers in Nairobi and neighbouring towns.
Conflicts with local communities over mining, oil and gas development are costing companies billions of dollars a year. One corporation alone reported a six billion dollar cost over a two-year period according to the first-ever peer-reviewed study on the cost of conflicts in the extractive sector.
China’s massive urbanisation has been built, literally, by metal, supplied mostly by Latin American countries (LAC). Yet now China’s slowing economic growth and falling commodity prices threaten Latin American commodity booms.
Already saddled with a veritable catalogue of crises, Pakistan’s largest province, the Khyber Pakhtunkhwa (KP) now finds itself on the verge of industrial collapse, as extortion and kidnappings drive away all prospects for production or employment.
Brazil’s efforts to promote the image of an environmentally sustainable World Cup have focused on the stadiums built for the tournament. But the 12 cities where the matches will be played are in a race against time to complete the urban transport projects.
Misinvoiced trade in five African countries cost their governments billions of dollars in tax revenue and facilitated at least 60.8 billion dollars in illicit financial flows from 2002 to 2011, says a new report by Global Financial Integrity (GFI), a research advocacy organisation here.
The tide is turning against investment treaties and free trade agreements that contain the controversial investor-state dispute system, which allows foreign investors to take up cases against host governments and claim compensation of up to billions of dollars.
Until recently it was inconceivable for small groups of organised citizens in fully electrified industrialised countries like Spain to generate their own power from clean sources of energy, challenging the prevailing energy model.
Three private sector initiatives are aimed at carrying water from the rivers in southern Chile to the arid north of the country by ship or through underwater or underground pipelines. The objective is to slake the thirst of the mining industry of this country, the world’s largest producer of copper.
"There are several robots in the world, but that one which regulates traffic is made in Congo," Thérèse Izayi, a female engineer and the Congolese inventor of two very unusual traffic signals, tells IPS.
The visit by United Arab Emirates Foreign Minister Sheikh Abdullah Bin Zayed Al Nahyan to Uruguay, Paraguay and Peru brings to an end 10 days of unusually intense diplomatic activity by the Gulf nation in Latin America.
The European Union was founded to create conditions for a lasting peace on the old continent, establishing an internal market, integrating agriculture and industry. As new generations emerge that have never experienced war or terrorism in Europe, the concept of quality of life increasingly dominates the debate. Will Europe offer its citizens the future all aspire to?
Chilean President Michelle Bachelet’s proposed tax reform is seen as the cornerstone of her ambitious social programme and a sign of a new shift in fiscal policy towards redistribution of income.