The Economist reviews a book, World 3.0, by Pankaj Ghemawat of IESE Business School in Spain: Mr Ghemawat points out that many indicators of global integration are surprisingly low. Only 2% of students are at universities outside their home countries; and only 3% of people live outside their country of birth. Only 7% of rice… Read More »
Here.
Read the full story here.
Ifeanyi Uddin writes in NEXT: There was … a time when the public sector “delivered”. Now, there may have been issues with its balance sheet. In other words, the services we enjoyed in those days may have been provided below the rate at which the market would ordinarily have cleared the demand for and the… Read More »
There has been much speculation recently about the role Facebook Credits could play in becoming a global virtual currency, and even the possibility of Facebook becoming a bank. In many ways, it already is becoming a bank – just not in the traditional sense. Facebook is harnessing the power of the social graph, and has… Read More »
That is the statement that heads the list of reasons revolutions are ‘kicking off everywhere’. By Paul Mason, BBC Newsnight’s economics editor.
At FT’s beyond brics blog.
In her latest column, Gillian Tett draws attention to the research of Anne Jefferson, an anthropologist who is studying how mortgage foreclosures are unfolding in the United States. This caught my attention: In the past century, American culture has developed a well-entrenched, commonly shared national narrative to explain and justify success – the myth of… Read More »
Mallam Lamido Aminu Sanusi has been named as the Central Bank Governor of 2010 for both the African continent and the entire world, by the prestigious Banker Magazine. The editor of the magazine, Brian Caplen, says that few candidate names generate an overall consensus on judging panels, and yet, when it came to finding the… Read More »
As donations, pieces of clothing bear imprints of the aspirations of their donors, and as purchased commodities, they are invested with the desires of their consumers. This article describes a particular configuration of the international trade in secondhand clothing. The trade links Western homes with West Africans families in an intricate web; its history also… Read More »