Search

The article reports that U.S.-based lender Tala will use its funding to develop new products for its clients in Kenya, Tanzania, the Philippines, India, and Mexico. Topics discussed how Tala targets borrowers who are unlikely to have credit scores due to their residence in developing countries; Tala's mobile app, which offers loan applications for residents of countries where Tala operates; and comments from Tala executive Shivani Siroya on its use of data to screen loan applicants.

El artículo ofrece información publicada en "Trade and Integration Monitor 2013", del Banco Interamericano de Desarrollo, que incluye temas como comercio entre países emergentes, comercio de América Latina y el Caribe y diversificación de las exportaciones latinoamericanas.

The article reports on the plan of the Poughkeepsie Plaza, a mall in Dutchess County, to launch a fair trade campaign in New York. It states that the movement's goal is to encourage sustainability and to assist the producers in developing countries to have a better trading situations. It notes that the mall is scheduled to conduct a press conference on May 7, 2010 to offer information about the campaign.

The article offers the author's insights on the achievement of U.S. in the sales of military weaponry. He notes that U.S. is the top weaponry supplier to the world which has beaten all other nations in terms of weaponry sales amounting to 38 billion dollars. He also cites some of the developing countries where U.S. had fruitful sales including India, Morocco and Egypt. He also satirically states that being the number one weapons supplier is not a good example for the country's young generation.

The article discusses the use of mobile phones for banking in developing countries. While the economic benefit of mobile phones on developing countries is well known, the business of mobile banking is relatively new. The article considers the role of government regulation in the mobile banking industry. Governments should have rules tight enough to discourage money laundering, but flexible enough so that they don't hinder commerce and growth.

Offers a look at travel destinations in Asia. Increase in the rate of Asian tourists traveling within the continent; Report that Asian travelers are seeking out more remote destinations, including Laos, Cambodia, Bhutan, and other less developed areas; Efforts of the Asia hospitality industry to market specifically to tourists from other Asian nations; Popularity of tourist resorts developed in Bhutan.

The article reports that developing countries are increasingly attracting direct foreign investment from each other. Companies from India, Brazil, Malaysia and South Africa as well as China are among those busily investing around the world. Developing countries made $16 billion of foreign direct investment in 2002. Some companies become multinationals to escape the confines of their home market. Other foreign investors are interested in a country's workers, not its consumers. Third-world multinationals often do rather better in poor countries than their first-world rivals.

The article reports on a new study by the World Bank, "Doing Business in 2005", which shows that red tape is one of the chief obstacles to growth in almost all poor countries. In Haiti, for example, it takes 203 days to register a new company, which is 201 days longer than in Australia. In Sierra Leone, it costs 1,268% of average annual income per person, compared with nothing in Denmark. To register in Ethiopia, a would-be entrepreneur must deposit the equivalent of 18 years' average income in a bank account, which is then frozen. That such capital requirements are unnecessary has been amply proven in the 42 mostly rich countries that have abolished them. Overall, businesses in poor countries shoulder three times the administrative costs and have to struggle through twice as many bureaucratic procedures as their counterparts in rich countries. Because it is so hard to obey all the rules, businesses in poor countries tend to remain informal. That is, they remain outside the law and pay no taxes. They stay small to avoid detection. They cannot raise credit from the formal banking system in any case. Governments often try to make their people richer by fiat. This rarely works as intended. Minimum-wage laws, if set too high, destroy jobs. Poor countries, which tend to have the most unrealistic labour standards, accordingly suffer the most unintended consequences. Poor countries may have lots of rules that "protect" workers, but they tend to lack credible systems for protecting property rights. Fortunately, regulations are not carved in stone. Simply by measuring the burden they impose, the World Bank has encouraged reform. Since the first report was published last year, 58 of the 145 countries in the sample have made doing business significantly easier.

Reports on how development in poorer nations is not always a good thing. Example of a Coca-Cola plant in India which may have caused wells in the area to dry up. Acts of Hindustan Coca-Cola Beverage which is a Coca-Cola subsidiary in digging wells to supply water for the factory; Wisdom of opening a water intensive plant in a drought-prone area; Drying up of local wells and the decline in water quality to a rating of undrinkable; What residents have to do to get water; Busing of water to the village by Coca-Cola; Civil protest against the company; Company response; Resistance to other Coke plants; Publicity on the level of pesticides found in Pepsi and Coke in India which is three times the level permitted in the U.S. and Europe.

Reports that changes in trade laws are helping African companies increase their exports to the United States. Terms of the legislation known as the African Growth and Opportunity Act; Impact of trade restrictions on poor countries; Potential economic impact of tariff-free trade on African countries.

Argues that the biggest threat to expanding free trade is that rich industrial nations block the food and fabric exports of poorer developing nations. Importance of trade to economic development; Impact of lobbying efforts by the United States textile industry to secure tariffs and quotas; Opinion that trade is the best way for poor countries to tap into the opportunities of the global economy.

Reports on the decision to reduce tariffs in Europe on imports from 48 of the world's poorest countries. Suggestion that the money gained by the country's will come at a loss to other poor countries; Research at the United Nations Conference on Trade and Development to assess the impact of the decision; How the decision could benefit the poorer countries.

Deals with the complaints of third world delegates in the 1999 World Trade Organization (WTO) summit regarding the unfairness of global trade deals. Actions taken by WTO Director General Michael Moore to address the complaints of third world delegates; Impact of the Uruguay Round of trade negotiations on poor countries; Views on the amount the WTO plans to allocate to help poor nations negotiate and implement trade agreements.

Discusses the Chinese communist revolution and how it has begun to climb out of its historical hole since the 1980s. How China has managed to convince the world that it is actually a success story; Size and growth of the Chinese economy; Why few economists trust modern Chinese economic data; Why China is overrated in terms of international trade and investment.

Focuses on Iowa's links to the world food supply issues. Statistics on world population as of October 1999; Iowa farmers' overproduction of grain in a saturated market; Persistence of famine in developing nations; Trading partners of the state among Asian nations.

Cites figures from the German Economics Ministry which found the trade deficit of developing countries with Germany (excluding China) rose to $2.5 billion in the first half of 1993. Decline in German imports from these countries; Figures on trade with China.

Presents information, charts and graphs relating to international emerging-market indicators as of August 1997. Inflation in Latin America and elsewhere; Economy; Financial markets.

Presents information, charts and graphs relating to international emerging-market indicators. South-East Asian inflation and consumer prices; Elsewhere in Asia; Economy; Financial markets.

The article, part of a special advertising section of this issue, focuses on the operations of General Motors Corp. (GM) in developing countries. GM has a long history of successful foreign operations, and has seen its sales in Latin America, Africa, and the Middle East increase by as much as 20 percent since 2006.

Reports on the U.S. International Trade Commission's assessment of the possible effect of the removal of quotas on developing countries that are heavily dependent on textile and apparel exports. Threat facing developing countries with the emergence of China as the supplier of choice of textiles and apparel to the U.S.; Strengths and weakness of each country's textile and apparel industries.

The article informs that 11 World Trade Organization members including Canada, Australia, and Norway have notified the Council for Trade in Services (CTS) that they would offer to services and service providers of least developed countries (LDCs) as part of efforts geared toward trade development.

Cites the challenges posed by the emerging market economies to trade and investment companies. Foreign and domestic airlines doing business in the Philippines; Infrastructure projects in Czech Republic; Information on pre-shipment inspections.

Se presenta la versión en español de un artículo que apareció en "The Guardian" el 8 de marzo de 1978, bajo el título "Group Therapy for World Growth." Se habla de la situación del comercio mundial de la época. Se explica que el grado de éxito alcanzado por las naciones comerciantes en el periodo posguerra fue muy desigual. Se atribuye, según el autor, al desequilibrio entre los países desarrollados y los en desarrollo. Se propone la implementación de un convenio de países fuertemente industrializados con reglas que cada nación compromete a equilibrar sus exportaciones por medio de importaciones de valor equivalente.

Focuses on the growing number of banks in the United States trading the currencies of emerging nations. Features of the service offered by BankAmerica Corp.; Estimated number of the so-called exotic currencies traded by the bank; Reason for the growth of trade of currencies in emerging markets; Exchange rates of selected emerging market currencies.

The article discusses Visa financial services company's global mobile money program which will be introduced in India in partnership with the mobile carrier Aircel and also in Rwanda in partnerships with the Bank of Kigali and the Urwego Opportunity Bank. The article notes analysts' perspectives on the outlook for the underbanked consumer market. It also notes Visa's mobile money program will use technology from its Fundamo mobile money company.

The article discusses several countries including Brazil, Argentina, and Russia which will benefit from the reform adopted by the European Parliament known as generalized system of preferences (GSP), which provides developing countries preferential access to the European Union market through reduces tariffs.

The article reports on a study by the Global Retail Development Index (GRDI) that suggests that the two of the top three emerging markets for electronic commerce development are China and Brazil. Topics include a list of the other top 10 countries, including Chile, Malaysia, and Uruguay, the relationship between less developed markets and electronic commerce potential, and a discussion about why China and Brazil have more potential than other emerging markets.

The article reports on the sale of gift cards by Kiva Microfunds. Gift card recipients use the funds to donate no-interest microfinance loans to entrepreneurs of their choosing in developing countries. Upon repayment of the loan, gift card recipients can donate part of the principal to Kiva, reinvest in another microfinance loan, or withdraw funds.

The author reports that the major package-goods companies who look to Brazil, Russia, India, and China (BRIC) for growth will face increased competition due to the projected growth slowdown in the BRIC countries. The author discusses the sales and growth of package-goods companies Procter & Gamble Co., Unilever, and Kimberly-Clark Corp. in the BRIC countries. INSET: Battle plans.

The article focuses on fashion businessman Mohan Murjani and his efforts to capitalize on the retail boom in India. Tommy Hilfiger was the first international brand to enter the Indian market in 2004. The Murjani Group plans to launch Gucci, French Connection, Calvin Klein, Jimmy Choo, and Tumi among other designer brands by the end of 2007. The retail sales in the Indian marketplace are projected to soar as a result of economic growth and disposable incomes.