BOGOTA – 8th August 2014
“Madam Minister”, the journalist began his interview with the Colombian Minister of Commerce, “congratulations on your recent appointment. Colombians, whether they are business people, coffee growers, unemployed people or civil society activists, will be very interested to know what is your game plan for ensuring a robust and sustainable economy”.
“Our challenge”, the Minister began, “is not one of short-term economic growth.…
As many folks cannot get to the Financial Times without a subscription, here is the core text, apologies…
Robin Harding is rightly concerned about the influence of major economies like China on the World Bank (“China challenges World Bank rankings”, May 7). His righteous attack, however, might have started with the fact that China has learnt well from its US and European counterparts.…
Raz Godelnik, adjunct faculty at the University of Delaware’s Business School, CUNY SPS and the New School, has used the framework in his article, `Will Walmart Follow Nike`s Path in the Wake of Bangledesh Factory Fire?` provided in my 2004 HBR article ‘The Path to Corporate Responsibility’ in addressing the question of whether Wal Mart will take the high road in following Nike to a better place.…
My Financial Times contribution today, China`s Challenge to the World Bank, highlights a new front in the debate about what constitutes healthy economic development, as China challenges the Bank`s Doing Business index as bias.
My intervention, however, calls out another bias, that of the FT`s own reporting of the spat, which aligns itself against China without any debate of the issues let alone the evidence.…
Whether Chinese NGOs have an important role to play in African development is the topic of my first China Daily op-ed, Essential Link for the Future.
China’s engagement with Africa has to date been a story of government-to-government relations. And then came China`s first generation of globalizing NGOs. Chinese NGOs appearing on the African landscape has been dismissed by many as merely another face of China Inc.…
Thatcher`s obituaries are everywhere, painting a picture of the good, the bad and the ugly aspects of her extraordinary reign. Missing from the otherwise wide-ranging analyses is any coverage of her unintended legacy – an era during which business has had to renegotiate its contract with society. History may identify the emergence of corporate responsibility, both as a social movement and practice, as one the most durable and important consequences of the neoliberal thrust that Thatcher represented and advanced so effectively.…
Stop Press: New research suggests that a Yin-Yang re-balance by delivery of Beijing Air re-establishes epigenetic homeostasis.
Scientists studying the adaptation of organisms to new environments have identified a curious phenomenon with important practical clinical consequences. Continuous exposure to the Beijing air has been found to bring about a homeostatic response resulting in a crucial shift in the balance of the immune system’s regulatory T cells – key players in the adaptive immune response.…
As the BRICS Summit kicks off in South Africa, my latest Project Syndicate commentary is out:
“The Age of Macroinvesting”
It focuses on China`s outward investment approach that delivers broad based investment finance, especially for infrastructure in developing countries, in return for market and resource access.
Like it or not, other emerging and developed nations may have to follow suit, conventional project-focused investing may not cut it with host countries in the Age of Macroinvesting.…
