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Showing posts for "Economic Growth"

This Week in Markets and Democracy: African Progress, EU Transparency, Term Limits, Foreign Aid, and War Crimes

by Shannon K. O'Neil
Nepal's Prime Minister Sushil Koirala greets upon his arrival to take part in the International Conference of Nepal Reconstruction in Kathmandu, June 25, 2015. According to the local media report the government expects big aid pledge from the donors taking part in the conference for rebuilding Nepal after the earthquake. (Navesh Chitrakar/Reuters) Nepal's Prime Minister Sushil Koirala greets upon his arrival to take part in the International Conference of Nepal Reconstruction in Kathmandu, June 25, 2015. According to the local media report the government expects big aid pledge from the donors taking part in the conference for rebuilding Nepal after the earthquake. (Navesh Chitrakar/Reuters)

This post is part of the series, “This Week in Markets and Democracy.” Each Friday, CFR’s Civil Society, Markets, and Democracy Program, will highlight the week’s noteworthy events and articles.

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Gender Equality at the G7 Summit

by Rachel Vogelstein
Canadian Prime Minister Stephen Harper, U.S. President Barack Obama, German Chancellor Angela Merkel, French President Francois Hollande, and British Prime Minister David Cameron (L-R) prepare for a family photo during their meeting at the hotel castle Elmau in Kruen, Germany, June 7, 2015 (Christian Hartmann/Reuters). Canadian Prime Minister Stephen Harper, U.S. President Barack Obama, German Chancellor Angela Merkel, French President Francois Hollande, and British Prime Minister David Cameron (L-R) prepare for a family photo during their meeting at the hotel castle Elmau in Kruen, Germany, June 7, 2015 (Christian Hartmann/Reuters).

As the annual Group of Seven (G7) Summit ended this week, world leaders issued a declaration to address some of the world’s most pressing issues. Prominently featured in this document is a call to promote women’s economic empowerment and entrepreneurship, described as a “key driver of innovation, growth, and jobs.”

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Loan Guarantees and Financial Inclusion in the Developing World

by Guest Blogger for Shannon K. O'Neil
An entrepreneur in Guatemala works on her loom. She received support from Friendship Bridge, a client of MCE Social Capital that provides impoverished Guatemalan women microfinance and education services, 2013. (Courtesy Friendship Bridge) An entrepreneur in Guatemala works on her loom. She received support from Friendship Bridge, a client of MCE Social Capital that provides impoverished Guatemalan women microfinance and education services, 2013. (Courtesy Friendship Bridge)

Emerging Voices features contributions from scholars and practitioners highlighting new research, thinking, and approaches to development challenges. This article is from Gary Ford, chief executive officer of MCE Social Capital, and Benjamin D. Stone, director of strategy and general counsel of MCE Social Capital and a CFR term member. Here they discuss how loan guarantees can help unlock economic opportunities for people in the developing world.

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This Week in Markets and Democracy: Rule of Law Index, Corporate Tax Evasion, and Electoral Transition

by Shannon K. O'Neil
Turkey's Prime Minister Ahmet Davutoglu throws carnations to his supporters as he stands in front of a portrait of President Tayyip Erdogan and a national flag during an election rally for Turkey's June 7 parliamentary election in Istanbul, Turkey, June 3, 2015. (Murad Sezer/Reuters) Turkey's Prime Minister Ahmet Davutoglu throws carnations to his supporters as he stands in front of a portrait of President Tayyip Erdogan and a national flag during an election rally for Turkey's June 7 parliamentary election in Istanbul, Turkey, June 3, 2015. (Murad Sezer/Reuters)

This is the second post of a new series on the Development Channel, “This Week in Markets and Democracy.” Each Friday, CFR’s Civil Society, Markets, and Democracy Program, will highlight the week’s noteworthy events and articles.

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Abenomics Is Womenomics

by Rachel Vogelstein
Japanese college graduates attend a pep rally in Tokyo designed to boost their morale as they break into the job market, February 2015 (Thomas Peter/Reuters). Japanese college graduates attend a pep rally in Tokyo designed to boost their morale as they break into the job market, February 2015 (Thomas Peter/Reuters).

On his visit to the United States last month, Japanese Prime Minister Shinzo Abe spoke about his plan for economic growth, known colloquially as “Abenomics.” His plan comes at a crucial time: Japan’s economic prospects are far from favorable, especially when coupled with the country’s projected demographic decline. By 2060, Japan’s total population is expected to shrink by 30 percent, and the elderly population is expected to grow to a whopping 40 percent. At the same time, Japan’s GDP is forecast to grow just 0.8 percent in 2015, as compared to 3.1 percent in the United States.

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This Week in Markets and Democracy: FIFA Corruption, Chronic Hunger, and Poverty Reduction

by Shannon K. O'Neil
FIFA President Sepp Blatter addresses the media after meeting the presidents of the soccer federations of Israel and Palestine at the FIFA headquarters in Zurich September 3, 2013. (Arnd Wiegmann/Reuters) FIFA President Sepp Blatter addresses the media after meeting the presidents of the soccer federations of Israel and Palestine at the FIFA headquarters in Zurich September 3, 2013. (Arnd Wiegmann/Reuters)

This post marks the launch of a new feature on the Development Channel, “This Week in Markets and Democracy.” Each Friday, CFR’s Civil Society, Markets, and Democracy Program, will highlight the week’s noteworthy events and articles.

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Gender Equality and Smart U.S. Foreign Assistance

by Rachel Vogelstein
Women carry bricks on their back as they work at a brick factory in Bhaktapur, Nepal. (Courtesy Ahmad Masood/Reuters) Women carry bricks on their back as they work at a brick factory in Bhaktapur, Nepal, May 2015. (Courtesy Ahmad Masood/Reuters)

It has become axiomatic in international development that increasing economic opportunities for women contributes to economic growth. Organizations from the World Bank to the Organisation for Economic Cooperation and Development (OECD) have concluded that women’s participation in the economy is linked to poverty reduction and gross domestic product (GDP) growth. Today, the question is not whether women’s economic participation matters—rather, it is how to promote this goal most effectively.

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Expanding Private Sector Engagement in Developing Countries

by Guest Blogger for Shannon K. O'Neil
A construction worker takes measurements of roofing metal bars of a new hospital under construction in Hoima town, Uganda April 27, 2015 (Courtesy Reuters/James Akena). A construction worker takes measurements of roofing metal bars of a new hospital under construction in Hoima town, Uganda April 27, 2015 (Courtesy Reuters/James Akena).

Emerging Voices features contributions from scholars and practitioners, highlighting new research, thinking, and approaches to development challenges. This article is by Elizabeth Littlefield, president and chief executive officer of the Overseas Private Investment Corporation, the U.S. governments development finance institution.

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Moving Beyond Utopia to What’s Possible for 2030: Setting Realistic Sustainable Development Goals

by Guest Blogger for Shannon K. O'Neil
Former U.S. Secretary of State Hillary Clinton speaks at the plenary of the Rio+20 United Nations Conference on Sustainable Development summit in Rio de Janeiro June 22, 2012 (Reuters/Paulo Whitaker). Former U.S. Secretary of State Hillary Clinton speaks at the plenary of the Rio+20 United Nations Conference on Sustainable Development summit in Rio de Janeiro June 22, 2012 (Reuters/Paulo Whitaker).

Emerging Voices features contributions from scholars and practitioners highlighting new research, thinking, and approaches to development challenges. This article is by Deirdre White, chief executive officer of PYXERA Global.

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India as Regional Power: Promoting Women’s Rights in Afghanistan

by Catherine Powell
India's Prime Minister Narendra Modi (L) speaks as Afghanistan's President Ashraf Ghani watches during the opening session of 18th South Asian Association for Regional Cooperation (SAARC) summit in Kathmandu, Nepal, on November 26, 2014 (Courtesy Narendra Shrestha/Pool/Reuters). India's Prime Minister Narendra Modi (L) speaks as Afghanistan's President Ashraf Ghani watches during the opening session of 18th South Asian Association for Regional Cooperation (SAARC) summit in Kathmandu, Nepal, on November 26, 2014 (Courtesy Narendra Shrestha/Pool/Reuters).

Last month’s decision by President Obama to extend the U.S. military presence in Afghanistan is an important step in securing the substantial American investment there. This extension—which is and should be temporary—is crucial to allow the Afghan government and security forces to build their capacity to maintain stability on the ground.

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