2014

MADE IN AFRICA, FOR AFRICA

MADE IN AFRICA, FOR AFRICA

AFRICA 2014 | INTRODUCTION
Though Africa has experienced impressive growth for well over a decade now, domestic markets and intraregional economic relations have remained constrained, with national economies driven primarily by mounting foreign demand for the continent’s natural resources and commodity exports.Today, however, things appear to be changing. For one thing, Africa is witnessing the emergence of a middle class.

BOTÍN: GROOMED FOR SUCCESS

BOTÍN: GROOMED FOR SUCCESS

NEWSMAKERS | SPAIN
Less than 24 hours after the sudden death, in September, of her father Emilio Botín, widely recognized as one of the shrewdest, most successful bankers in modern history, Ana Patricia Botín was unanimously named by the board to take the helm of Banco Santander, an institution that has been under the control of her family for three generations.

Cost of Living Worldwide

Cost of Living Worldwide

The OECD defines a cost of living index (COLI) as an index that measures the change in the minimum expenditures that would be incurred by a utility-maximizing consumer, whose preferences or tastes remain unchanged, in order to maintaining a given level of utility (or standard of living or welfare).

INDONESIA REBUFFS FOREIGN INVESTORS: REVIEWS TRADE TREATIES

Only two weeks ahead of the April 9 parliamentary elections and under pressure from a billion-dollar lawsuit, the Indonesian government announced it would terminate some 67 bilateral investment treaties—which regulate investment in the country by foreigners—as they come up for renewal.

Country Report: Angola

MOVING FORWARD IN FITS AND STARTS By Valentina Pasquali Angola is making all the right moves when it comes to attracting inter-national investment and diversifying its economy beyond oil. However, corruption and bureaucracy still present challenges for investors. Promise and ...

Cover Story: New Game, New Rules

Cover Story: New Game, New Rules

FOREIGN DIRECT INVESTMENT By Valentina Pasquali Global foreign direct investment is undergoing a seismic shift as emerging markets countries are seeing both inflows and outflows rise dramatically—despite flat overall levels of global FDI. When Shuanghui International, a Chinese holding company, ...

An Aerial View Of North Korea’s Economy

MILESTONES By Valentina Pasquali In recent years a nighttime satellite image of Eastern Asia has gone viral on the Internet. The image displays the glowing, electricity-filled skies of China, Japan and South Korea, and a black hole in the place ...

Ex-Warehouse Worker Named Walmart Boss

NEWSMAKERS By Valentina Pasquali US retail giant Wal-Mart is going for tradition and loyalty in selecting its new CEO and president. In an effort to strengthen its bottom line at a time when the industry is in a state of ...

2013

Italy: Will Letta Get The Boot?

NEWSMAKERS By Valentina Pasquali Against all odds, a broad-based coalition of the center-left and the center-right remains at the helm of crisis-beleaguered Italy. The unlikely assortment of ministers from the Democratic Party (Partito Democratico-PD) and the People of Freedom (Popolo ...

IMF/World Bank 2013 Annual Meetings

By Valentina Pasquali In conjunction with the International Monetary Fund/World Bank annual meetings in Washington, Global Finance presents its annual IMF/World Bank Issue. When the eurozone logged 0.3% growth in the second quarter of 2013, ending a streak of six ...

Global Equity Index % Change, 2003-2012

Standard & Poor’s (S&P) Global Equity Indices measure the US dollar price change in the stock markets covered by the S&P Global Broad Market Index (BMI) and the S&P Frontier Broad Market Index (BMI).   The Global BMI consists of ...