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World Bank

Our Job Deficiency: A Challenge to the IMF-World Bank

Bessma Momani | Posted 04.29.2013 | Canada Business
Bessma Momani

At the IMF-World Bank meetings this past week, there were plenty of assessments of the state of the global economy that described the post-2008 recovery as anemic. Only a few went so far as to claim that the global economy is comatose. Yet, despite general agreement on the diagnosis, there was little consensus on how to solve the problem.

The Economics of Europe's Lost Generation

Bessma Momani | Posted 12.15.2012 | Canada Business
Bessma Momani

At the IMF and World Bank Group annual meetings in Tokyo, the European economic crisis was never off the agenda and often took centre stage in panel discussions. In the streets of Athens, Madrid, and in cities of other fiscal adjusting European states, there is a real belief that this new economic reality will result in a lost generation.

Chinese Officials To Skip IMF-World Bank Meetings

CP | Malcolm Foster, The Associated Press | Posted 12.09.2012 | Canada Business

TOKYO - China's central bank governor and finance minister won't be attending IMF and World Bank annual meetings in Tokyo this week in an apparent snu...

China Invests in African Expansion... And the West Loses Out

Glen Pearson | Posted 12.04.2011 | Canada
Glen Pearson

Should the West continue to ignore the overall needs of Africa's continental economy, then it shouldn't be surprised when it finally decides on long-term investments for natural resources that China has already set up shop and captured most of the contracts.

World Bank Head: Global Markets In 'Danger Zone'

BBC News | Posted 10.15.2011 | Canada Business

World markets have entered a "new danger zone", the president of the World Bank has warned. Robert Zoellick said investors had lost confidence in the ...

K'naan, Iman and the Famine in Somalia: The Long Game Matters, Too

Edward Jackson | Posted 09.26.2011 | Canada
Edward Jackson

The celebrities' call to action on the famine in Somalia is welcome, but the bottom line is that these countries need sustained economic growth. Such strategies are not without risks, however. Businesses must not be permitted to abuse human rights. Foreign investment must not undermine sovereignty.

Canada Could Punch Above its Weight in Multilateral Policy Shift

Joseph Ingram | Posted 08.29.2011 | Canada
Joseph Ingram

Prime Minister Harper's new government has indicated that Canada would not increase its bilateral assistance to the current governments in Egypt and Tunisia. Detractors might see a shift to more multilateralism as a pretext for a government keen to reduce spending.

Multipolarity: It's Already Here

Edward Jackson | Posted 08.08.2011 | Canada
Edward Jackson

Six emerging economies will account for more than half of global growth by 2025. But "emerging" is really a misnomer. These economies exercise their expanding power every day on every continent in every sector. The only thing "emerging" about them is how powerful they could become.