According to the World Bank’s just-released Doing Business 2013—which looks into various reform measures to rank 185 economies on the ease of doing business—the United States continues to trail Singapore, Hong Kong, and New Zealand. The only surprise is that the U.S. didn’t drop further in the rankings. According to …
In his October 1 speech to the 45th Annual Meeting of the Association of American Chambers of Commerce in Latin America, World Bank President Jim Yong Kim made his pitch to (re)assure private business leaders that he is serious about private-sector-driven economic growth and development. In a rather confessional tone, …
Argentina’s vice president, Amado Boudou, is confirmed to speak tomorrow at the annual Council of the Americas (COA) meeting at the Inter-American Development Bank in Washington. COA is an association of international businesses founded in 1965 by David Rockefeller that promotes “open markets, the rule of the law, and democracy …
The House Rules Committee advanced three proposals Wednesday that may help curb a growing problem for the nation’s economy: stagnant job growth in the technology sector. The three pending free trade agreements with Columbia, Panama and Korea are up for full House approval next week. Senate Republican Minority Leader Mitch …
The United States spent $28.7 billion dollars in 2009 on official development assistance, more than any other country in the world. There is no denying that many people in poor nations live in desperate conditions and Americans rightly want to help them improve their lives. In an effort to measure …
The economic world for good reason is focused intently on Greece and the potential for financial contagion in Europe. But there’s been another interesting development on America’s Pacific-side. One of the of most talented public servants in Indonesia, Finance Minister Sri Mulyani Indrawati – by some accounts, the world’s best …
Yesterday President Barack Obama asked his cabinet to make a total of $100 million in cuts among their departments. That was “fiscally responsible” President Obama. We like him. We just wish we got to see him more often. Today, “reckless spending” President Obama is back at work, following through on …
News reports indicate that the G-20 pledged an additional $1.1 trillion in financing for the International Monetary Fund, the World Bank and other global institutions so that they can help countries cope with the global economic crisis. The details of the proposal are virtually non-existent, i.e. exactly who will be …
