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• Published on 30 Jun. 2014 • Category : Economy • Tags : sustainable development economy
Report indicates sustainable development can preserve environment and boost economySpend a little now; save a lot later.That appears to be the guiding mantra of a study from the World Bank on climate-smart development released this week. In it, the authors praise the benefits -- on life span, community health, job creation and gross domestic product -- of nations embracing climate-smart developmentin both new construction and the retrofitting of existing properties. The study indicates that if governments act soon to engage with green development, the economic and environmental benefits will soon far outweigh the initial costs.To generate t(...)
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• Published on 15 Jun. 2014 • Category : Development • Tags : brasil economy environment
How Brazil grew its economy without sacrificing the environment With the 2014 FIFA World Cup in full swing, most reports out of Brazil deal with the home team’s chances of raising the Jules Rimet trophy for a record sixth time. But in recent weeks there have been a couple of other noteworthy reports, and these are worried more about carbon-emission reduction and economic growth instead of wins and losses on the pitch.According to two different studies released in the first week of June, Brazil now leads the world in something other than World Cup titles. The massive South American nation is also No. 1 in reducing carbon emissions, mostly t(...)
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• Published on 22 May 2014 • Category : Africa • Tags : tourism economy africa
Tourism industry will be key for Africa’s economic independence Physically, Africa can be overwhelming and awe-inspiring. From the Cape of Good Hope’s rocky cliffs to the steady, massive Nile on to the vast, arid Sahara, Africa is home to nearly every geographic peculiarity, all of them striking. The culture and history, much of it pristinely preserved, offer a singular experience to any visitor.For these reasons, the expansion of the tourism sector represents Africa’s next logical economic step. As the continent attempts to transform from a mining-focused, resource-reliant continent to one full of diversified, value-added industry, the tourism trade r(...)
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• Published on 20 May 2014 • Category : Africa • Tags : africa growth economy afdb
AfDB: African economic outlook positive; more jobs, stability needed to maintain levels Good news for Africa and the global economy: At its annual meeting Monday in Kigali, Rwanda, the African Development Bank (AfDB) reported that the continent’s economy will reach growth rates of 4.8 percent in 2014, with another $200 billion flowing in foreign investment. The bank’s analysis included forecasts for a 5.7 percent growth rate by 2015, which would match levels prior to the financial crisis in 2009. Sub-Saharan countries are forecast to fare best, with some, like Ethiopia, experiencing double-digit growth thanks to heavy investment fr(...)
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• Published on 12 Jun. 2013 • Category : Economy • Tags : Dubai Expo Economy Expo 2020 : Dubai's Triumphant ComebackDubai has recently been announced as the organizer of the 2020 universal exhibition, Expo 2020. It heralds an economic and political return to center stage for this emirate that was left moribund after the crisis of 2008, proving that strategic vision and strong leadership are still cardinal values for a country.In 2008, Dubai was on the brink of economic meltdown. Analysts waxed ironical about delusions of grandeur and the arrogance that had led the small emirate straight into the wall. In the days of subprimes and the collapse of Lehman Brothers, it was fashionable to criticize the Dubai mod(...)
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