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Let’s Talk Peace
By admin August 6, 2018

After nearly 5 years of civil war, South Sudan’s President Salva Kiir and Riek Machar are negotiating a deal that will allow the rebel leader to return to government as the most senior of five vice presidents, putting an end to a conflict that has killed tens of thousands and displaced millions. Elsewhere, the UN’s

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Sun Sets On Dubai’s Financial World
By admin August 3, 2018

Abraaj, a private equity firm in Dubai that managed $14 billion at its peak, ran into trouble last month after using borrowed money to pay salaries and other costs that were not covered by the management fees it charged investors. Abraaj is accused of commingling funds, a term used to describe using money from investors

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The Importance of Girls Education in Global Development
By admin August 1, 2018

As women and girls account for about half of the world’s population. Women are important members of their communities and critical facilitators of global development. However, due to lack of proper education, some girls are unable to reach their full potential. Girls are under-represented in schools, with a 4% gender gap in primary school enrollment

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Building A Resilient Healthcare System: recent lessons from Ebola virus disease outbreaks in Africa
By admin July 31, 2018

On July 24, 2018, the authorities of the Democratic Republic of Congo (DRC) officially declared an end to the outbreak of the deadly Ebola virus that had raged on in the northwestern part of the country since the first case was reported in May 2018. According to the World Health Organization (WHO), 54 cases of

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What ADB’s Strategy 2030 Tell Us about the Future of Asia-Pacific
By admin July 30, 2018

The Asian Development Bank (ADB) sets a broad vision for the future of the Asia and the Pacific with a new long-term corporate strategy. ‘Strategy 2030’ outlines an agenda that considers the multiple challenges and the changing needs of this vast and important region. The highly-anticipated plan aligns with the UN’s Sustainable Development Goals and

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Distorting Childhood: The Gaza story
By admin July 27, 2018

Children living in conflict-affected regions are brought up alongside bloodshed, brutalities, oppression and violence causing them to go through traumas, emotional and physical, that no child ever should. Children inhabiting the Gaza strip are living proof of this harsh reality. Their daily lives are miserable. They have little to no access to electricity or clean

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Project Finance and Development
By admin

  In a modern economy, companies finance themselves with equities and debts. If their business gets the degree to which they no longer internally finance with founders’ own assets, they start to seek more financial liquidity through external financing. In return, companies pay dividends to equity holders and interests to debt holders, respectively. With this

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Agriculture and the Least Developed Countries
By admin July 25, 2018

Even though the world’s farmers are producing enough calories to feed the entire population plus an additional 1.6 billion people, hunger remains an issue as the calories are not evenly distributed. Innovation in food production has helped feed a growing population. However, in the least developed countries (LDCs), advancements in agricultural technology are lagging behind.

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China’s Investments in Africa: striking a delicate balance.
By admin July 24, 2018

China has emerged as Africa’s largest trading partner, providing a market for the continent’s energy and minerals. This week, the Chinese President Xi Jinping embarked on a four-leg tour of the African continent as part of China’s Belt and Road Initiative. President Xi has scheduled visits to Senegal, Rwanda, South Africa, and Mauritius all in

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Waging Climate War: Australia Battles Over an Emissions Reduction Target
By admin July 23, 2018

The “Land Down Under” has experienced huge developments in its energy industry. But despite headlines of a Tesla solar farm and the installation of the biggest lithium-ion battery storage, Australia continues to generate 63 percent of its electricity from coal, making it one of the most coal-dependent nations in the world. (AU Department of Environment and

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India’s Homosexuals Quest For a Better Life
By admin July 20, 2018

      The Indian Supreme Court, this week, reserved its verdict on the issue of decriminalizing homosexuality. Queer rights activists across the nation are hopeful that this time would prove to be the last time they have to fight to decriminalize homosexual intercourse.   To provide a brief background, homosexuality is a criminal offence

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Sustainable Development: A Failing Public Project?
By admin July 19, 2018

In 2015, the United Nations (UN) set the Sustainable Development Goals (SDGs), which are comprised of 17 global goals to end poverty, protect the planet and ensure that all people enjoy peace and prosperity. Calling for a strong cooperation among countries to effectively deal with looming global challenges, goals are applied to not only developing

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Emerging Markets Continuing Progress in Light of Struggle
By admin July 18, 2018

Emerging markets (EMs) are considerably new and thus figuring out their path. The term emerging markets was coined in the late 19th century, but by 2016, the heavyweights of EMs accounted for 48% of Global GDP according to a report by Cornell University. Although emerging markets play a significant role in the world economy, developments

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FDI: What can the developing countries do differently?
By admin July 17, 2018

In the face of inadequate resources to finance infrastructure and long-term sustainable development in a significant number of the developing countries, Foreign Direct Investment (FDI) has assumed a prominent place as an integral part of an open and effective international economic system and a major catalyst for development. The World Bank defines FDI as a

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The Venezuelan Mafia State
By admin July 16, 2018

Trapped in a downward political and economic spiral, the instability in Venezuela caused by a weakening democracy and the spread of violent crime has profound consequences for Latin America and the rest of the world. As Nicolás Maduro enters another presidential term bankrupt and isolated, the deep roots of organized crime that support his government will

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Brexit: piece de resistance?
By admin July 13, 2018

The current position taken by British Prime Minister Theresa May on Brexit seeks to preserve uncomplicated goods trade with the European Union, and avoid border checks and tariffs. Supporters of a more radical Brexit policy, fear that May’s new deal may lead to excessive British dependence on the EU, especially in the sphere of trade.

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Energy Poverty and Financing
By admin

  Thanks to the electricity, we can watch our favorite shows on TV, make a phone call to our friend and read books at night before we sleep. Because electricity is a part of almost every aspect of our daily lives, we may feel helpless when a sudden blackout occurs. However, there are still over

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Environmental Refugees – the Greatest Refugee Crisis of Them All?
By admin July 11, 2018

With climate changes exceeding most forecasts and communities already suffering, the future of our environment has been difficult to project. The UNHCR states that since 2008, an average of 22.5 million people have been displaced due to climate- and weather-related events. Climate change is expected to create the world’s largest refugee crisis, with tens of

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The Challenge of GHG Emissions: Assessing the Solutions
By admin July 10, 2018

Behind the struggle to address global warming and climate change is the increase in greenhouse gases in our atmosphere.  According to a 2017 PBL Netherlands Environmental Assessment Agency report, in 2016, total greenhouse gas (GHG) emissions (excluding those from land use) increased to about 49.3 gigatonnes in CO2 equivalent with carbon dioxide accounting for 72%

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The Reality of Living Amid Climate Change
By admin July 9, 2018

In the last week, headlines have been full of devastating news on extreme weather events linked to climate change and sea level rise. A heat wave skyrocketed energy demand on the Los Angeles grid, leaving tens of thousands without power; in addition to wild forest fires due to drier conditions that have once again forced

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Changing Trade Realities?: The EU in the US-China Trade war
By admin July 6, 2018

The Trump administration is preparing to enforce tariffs on $34 billion in Chinese goods, and China has claimed to retaliate with tariffs of an equal amount in U.S. exports. If Trump’s threats turn out to be true, this could mark the beginning of an escalating trade war. Businesses within the European Union are closely watching

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Without future immigrants, working-age population in the U.S. would decrease
By admin July 5, 2018

Though the world has enjoyed unprecedented economic prosperity, there are looming problems that may hinder further innovation and growth in the future. Especially worrisome is the aging population problem. According to the World Health Organization (WHO), the proportion of a society’s population that is comprised of persons aged 65 or older is called the “aging

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The Poverty-Environment-Development Nexus: Implications for Sustainable Development
By admin July 3, 2018

The Poverty-Environment Initiative, a global UN enterprise that supports country-led efforts to mainstream poverty-environment linkages, has produced exciting new knowledge drawn from the last ten years of specific UN interventions in 23 countries in Africa, Europe, Latin American and the Caribbean, Asia and the Pacific. The term ‘poverty-environment-development nexus’ refers to the mutually inclusive linkages

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The Elephant in the Room: Corruption Sets the Stage for Development
By admin July 2, 2018

Corruption has been identified as the single most significant obstacle to economic and social development; its claws are systematic, enduring and far-reaching and have long been considered a hindrance to good governance. US$1 trillion is paid in bribes annually while an estimated US$2.6 trillion is stolen through corrupt activities – a sum that is equivalent

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Divided fates: Children of Global migration
By admin June 29, 2018

  The recent crisis in American prisons concerning the separation of children from parents is not the first time that children have been subjected to abuse in immigration cases. Compelled to leave their homeland, children are often subjected to violence, sexual exploitation, and trafficking. This is clearly exemplified in the image of 3-year-old Aylan Kurdi,

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Demographic Change in China Affecting the Economy
By admin

  The economy of China is big, and it accounts for a large portion of world economy. According to the International Monetary Fund, the Chinese economy is the world’s second largest economy by nominal GDP. Since 1992, the GDP growth rate has never decreased to below five percent, and it has led the world’s economic

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Trading Old Strategies in Pursuit of International Growth
By admin June 27, 2018

Trade has long been considered a strategic tool to reduce poverty and increase economic growth. However, to ensure sustainable economic growth through trade, it must be improved. By combining strategies, a fully optimized trade might be possible. One strategy was introduced by Gambia’s Vice President, Fatoumata Jallow-Tambajang, in mid-June. She noted that developing countries have

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Financing Clean Energy: lessons from oil and gas
By admin June 26, 2018

The renewable energy market is growing, and it’s generating exciting, large-scale changes to the distribution of energy across many regions of the world. A new report, The Global Trends in Renewable Energy Investment 2018, jointly published by the UN Environment, the Frankfurt School-UNEP Collaborating Centre, and the Bloomberg New Energy Finance, finds that the falling

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A Plastic Friendship: Dumping Commodified Trash
By admin June 25, 2018

Every year, the world generates a total of 1.3 billion tons of waste – a number that is expected to rise to 4 billion tons by 2100 as global consumption increases and waste is mismanaged. A tenth of our waste is disposed of through incinerated and another four-fifths is dumped in landfills, while the remaining

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The U.S. Corporate Average Fuel Economy revision and the future of Electric Vehicle
By admin

The growth of Electric Vehicles (EVs) is worth noting. EV sales have recorded an average of 32% growth annually from 2012-2016 and 45% growth over the year ending June 2017 in the U.S. Moreover, the future of global EV sales is much more bullish. Though there are debates about EV market projections, the general consensus

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A Symphony for Change by Alston Koch
By admin June 22, 2018

This is a 3-minute read that can help us leave a proud legacy behind, along with a cleaner environment. By 2050, we will see more plastic in the ocean than fish! Shocking, but not surprising considering that 80% of the plastic found in the oceans originates on land and only 9% of plastic is recycled

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Yemen Crisis: Is the Damage Permanent?
By admin

Yemen is still facing the worst humanitarian crisis in decades, and it is not getting better. Mass killings and displacements have taken place since the start of war in 2015, and the country has become a playground for national and international powers. The ongoing conflict in Yemen intensified in March 2015 when Houthi rebels—a minority

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The Cost of Gender Equality
By admin June 20, 2018

By 2025, women could add an additional 26%, to the global annual GDP if they participated in the economy at the same level as men, as reported by McKinsey Global Institute. According to the UNDP, gender disparity is seen in every country and many women face unequal treatment at their workplace as compared to men.

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Is Sub-Saharan Africa Making Progress Toward SDG 7?
By admin June 19, 2018

  In 2014, approximately 62.5 percent of the 1.06 billion people living without access to electricity resided in Sub-Sahara Africa. This represented 6 out of 10 people or about 609 million people; more than any other region of the world.  Nearly 80% of those lacking access to electricity across sub-Saharan Africa live in rural communities.

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TBG’s Summer 2018 Internship Team
By admin June 18, 2018

TBG is excited to introduce you to our Summer 2018 Internship Team. This accomplished group of graduate students will be assisting TBG on our ongoing projects, business development, and research on various development challenges and initiatives. Learn more about our each intern below. Eline Tangen Andresen Eline, pronounced Alina, is a graduate student at the

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Carbon is rising, What now?
By admin

BP released its annual Statistical Review of World Energy last week, revealing good news as well as some surprising trend reversals. After 3 years of stagnation, carbon emissions went up by 1.6 percent in 2017. This was driven, in part, by an increase in coal consumption for the first time since 2013. Generally, global GDP

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Japan: How Womenomics Works?
By admin May 11, 2018

Back in 2012, the Japanese Prime Minister Abe announced “three arrows of economics,” one of which was Womenomics. The word Womenomics was created to show the need for Prime Minister Abe to encourage more women to join the labor market and enlarge the influence of women in the economy.  Five years later, it is necessary

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What is Trans-Pacific Partnership (TPP) and Why it is still important for the U.S.?
By admin May 7, 2018

Source: http://choose-forex.com/ Although the Trump Administration withdrew from TPP more than one year ago, it has always been a heated topic that has often been brought back to the table. In April, 2018, Trump signaled the United States might be willing to rejoin the TPP.   The TPP is a trade agreement negotiated by the Obama

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Rana Plaza Disaster Reflection
By admin April 26, 2018

  On the morning of April 24, 2013, workers in the Rana Plaza area of Dhaka, Bangladesh, were trapped as the rumbling vibration of the building’s generators, turned on after a power cut, brought the building tumbling down. Cracks in the foundation of the building had started to show the day before, but according to

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Mexico and EU Upgrade Their Trade Agreement
By admin April 23, 2018

  picture source: http://www.mexiconewsnetwork.com/news/mexico-new-eu-trade-deal/ Mexico and the European Union reached an agreement on April 21st, 2018to escalate the terms of their Free Trade Agreement, which was originally signed nearly two decades ago. As the United States decides to renegotiate the North American Free Trade Agreement (NAFTA) and impose high tariffs on imported steel and aluminum

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Hainan: The New Section of China’s Reform and Opening Up
By admin April 20, 2018

From May 1, 2018, citizens from 59 countries around the world can visit Hainan, the second largest island in China, without having a visa for as long as 30 days. This policy reflects the Chinese Government’s April 14, 2017 guideline to deepen reform, open up, and encourage the Hainan Province to be the “free trade

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Credit Reporting When There’s No Credit Footprint
By admin April 19, 2018

  Evidence shows that expanding access to credit can produce significant benefits for borrowers—from job retention to higher incomes, according to the Economic Growth Center. Recent years have seen an unprecedented growth in access to formal credit for individuals at the base of the pyramid. In some countries, this rapid growth has outpaced the financial

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A Sovereign Country or a World Battlefield?
By admin April 16, 2018

The Damascus sky lights up with surface-to-air missiles as a U.S.-led attack targeted different parts of the Syrian capital early Saturday, April 14, 2018. Hassan Ammar / AP On April 14th, Trump wrote on Twitter: “A perfectly executed strike last night. Thank you to France and the United Kingdom for their wisdom and the power of

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Reverse Takeover: How Fraudulent Chinese Companies are Deceiving U.S. Investors
By admin April 14, 2018

Recently, a documentary film called The China Hustle thoroughly described how some Chinese companies deceived U.S investors through Reverse Takeover. Meanwhile, Alibaba, the Chinese e-commerce giant, claimed the title of the largest global IPO ever, surpassing the Agricultural Bank of China’s IPO offer by almost 3 billion dollars (Forbes.com). Therefore, it is critical to understand

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Women’s Role in Protecting Land Rights in Morocco
By admin April 12, 2018

Women’s access to and control over land and other productive resources are a cornerstone in ensuring their right to equality and an adequate standard of living. Current policy debates in developing countries have acknowledged that women have different needs from men, and that in many societies there are specific challenges that limit women’s access to

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The Chaos of Libyan Prisons
By admin April 11, 2018

Source: Aljazeera (https://www.aljazeera.com/news/africa/2013/10/un-finds-widespread-torture-libya-jails-2013101222039997454.html) The Arab Spring captured the imagination of Western Media as well as young Arabs around the world. It created massive expectations thanks to the successive rising of hundreds of thousands of protestors ranging from Egypt to Syria. Nevertheless, after several years from the beginning of the movement in December of 2010 in

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Migrant Caravan and Migration in Central America
By admin April 4, 2018

Source: Washington Post (https://www.washingtonpost.com/world/the_americas/the-caravan-of-migrants-thats-alarmed-president-trump-has-now-stalled/2018/04/03/534b01c2-36aa-11e8-af3c-2123715f78df_story.html?utm_term=.0968a35197d9) In these past few days, the issue of border security has gained relevance in the news cycle in the United States. Primarily, because of the US President tweeting about his policy proposal to mobilize US troops to the US Southern Border until a border wall is built. The justification for this

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Amidst Global Refugee Crisis: Establishing Financial Security
By admin April 3, 2018

Photo Source: Al Jazeera   Despite progress around humanitarian intervention and the improved living conditions of refugee camps around the world, many refugees continue to face limited access to social and economic opportunities to integrate into a new country and live prosperous lives. Evidence from Consultative Group to Assist the Poor’s (CGAP) working paper on

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Tax Havens and How They Work
By admin March 30, 2018

According to a related set of figures compiled by the Bank for International Settlements (BIS) from 1995 to the end of 2007, offshore banks, on average, were receiving little more than 47% of total cross-border deposits and little more than 43% of all cross-border loans from other tax havens. Though these figures do not distinguish

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