Finance & Economics

Seeking safety in the city

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Bright lights, big city: but most of the displaced settling in Nairobi are consigned to its...

UK raises the bar for transparency in the extractive industries

UK Prime Minister announced that the UK government intends to sign up to the Extractive Industries Transparency Initiative (EITI). EITI was set up to help tackle corruption, to improve the way revenues from oil, gas and minerals are managed and to...

Cities: green policies can contribute to growth

Cities can generate growth and jobs while becoming greener – this is the message of the OECD’s new Green Growth in Cities report. Drawing on case studies of Paris, Chicago, Kitakyushu and Stockholm, the report identifies green policies that can...

Cash-strapped governments will need private sector investment to meet sustainable transport objectives, OECD says

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The OECD Green Investment Policy Framework

World Bank to Help Burkina Faso Provide Temporary Jobs and Skills Training to Over 46,000 Out-of-School Youth

The World Bank’s Board of Executive Directors approved a credit of US$50 million to help Burkina Faso fight poverty and increase social stability by giving unemployed or underemployed young people opportunities for temporary work and skills training...

World Bank and Algeria Strengthen Partnership on Economic Diversification and Inclusive Growth

The World Bank is ready to expand its program in Algeria with support for plans to diversify the economy and strengthen institutions as a catalyst for more robust and inclusive growth. This was the message delivered by World Bank Group Vice President...

World Bank Announces US$1 Billion Pledge to Africa’s Great Lakes Region, Targeting Energy, Roads, Agriculture, Cross-Border Trade, Health, and Jobs

On the first day of an historic joint United Nations/World Bank Group mission to the Great Lakes region, the World Bank Group announced $1 billion in proposed new funding to help countries in the region provide better health and education services,...

Turkey Seeks to Benefit From Islamic Banking Sector

With the international economic crisis continuing to bite, the Turkish government has announced it will be seeking to tap into the $1 trillion Islamic financial industry.

Dominican Republic: Improved Investment Climate, Infrastructure and Skills Top National Action Plan to Foster Growth, Jobs and Opportunities for All

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Poverty Rate Came Down to 27.4 Percent in 2012

The National Statistical Office of Mongolia (NSO) has been conducting the Household Income and Expenditure Survey (HIES) since 1966. It merged the HIES and the Living Standards Measurement Survey (LSMS) in July, 2007 under the title of Household Socio...