Probably not many people waking up next Sunday 21 March will be aware that it is the International Day of Forests — but they should be.
Continue readingTag Archives: developed countries
The bad type of inflation is here
Despite good news about vaccine roll-outs, it is too early to tell when or even whether economies will fully reopen and life will go back to “normal.”
Continue readingPay emerging markets to help stop climate change
Among developed countries investors, there are various interpretations of the strength of the commitment to environmental, social and governance (ESG) factors in emerging markets, ranging from the cynical to the idealistic.
The cynical view would be that there can be no “real” ESG in emerging markets because too often they are plagued by corruption, therefore investors cannot trust what companies in these countries report.
The idealistic view, on the other hand, would see every little step towards introducing ESG as a wonderful sign that these countries are finally deciding to adopt the same values as Western democracies.
While both extremes are wrong, sadly even the moderate take misses the main difference between emerging markets and developed ones: the effect of development itself on ESG — and in particular on the “E”.
Dominic Cummings makes the UK look bad in Brexit talks
Just like he “urged everyone to find closure” regarding Brexit following his victory in elections last year, UK Prime Minister Boris Johnson last week urged everyone to “move on” from the Dominic Cummings saga. But just like then, it is easier said than done.
Young people’s poverty has now become acceptable
By Antonia Oprita
A report due to be released on Tuesday by the UK’s Office for National Statistics (ONS) is likely to make some interesting reading (and yes, I am aware of how nerdy this sounds).
The report is about the “intergenerational transmission of poverty in the UK & EU,” an issue that is becoming more and more obvious as inequality rises following the measures taken to mitigate the effects of the financial crisis on capital markets.
How skills vouchers can help emerging markets
By: Sourajit Aiyer
A common thread binds all developing and developed nations today – the issue of skill-creation. Dynamics of commerce are shifting, and in these changing times, our skill capabilities can help keep our countries competitive and relevant.