For aid for trade advocates, the Addis Ababa Action Agenda of the third International Conference on Financing for Development is likely welcome news — it mentions trade 53 times and includes a section on the importance of trade in reducing poverty. When many of those working on aid for trade issues gathered at the start of this […]
Is India Really the World’s Most Attractive Economy for Investors?
Published on June 25, 2015 in Shifting Capital Flows
Two years ago, India was an unhappy member of Morgan Stanley’s “Fragile Five,” a handful of emerging economies judged most vulnerable to tighter Federal Reserve policy and rising global bond yields. Since then, India’s oil bill has dropped, inflation has eased, gold imports have been curtailed, the trade deficit has narrowed — and in last […]
Can Mobile Financial Services Bring an End To Poverty?
Published on June 1, 2015 in Expanding Export and Investment Markets, Increasing Global Competition
An estimated 2.5 billion adults do not have access to banks. Unsurprisingly, they are among the world’s most destitute: According to a report released by the World Bank and other development groups, about three out of four adults living on less than $2 a day, from farmers in Tanzania to slum-dwellers in India to seamstresses […]