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No Place For the Poor
06.30.15
A proposed plan for the development of Mumbai, India’s financial capital, misses the opportunity to create affordable housing. BY SHANOOR SEERVAI You can judge a city by how its poor live, architect Kamu Iyer writes in his recent book tracing Mumbai’s development since the 1940s. By this measure, India’s financial capital fares dismally. The price […]
Rethinking the Use of Sovereign Wealth Funds in a Knowledge Economy
11.19.13
By Will Hickey The time has come for sovereign wealth funds to produce some meaningful value. Now conservatively valued at around 6 trillion dollars, sovereign wealth funds, or SWFs, are massive state-owned investment vehicles of stocks, bonds, property, precious metals and other financial instruments, including private equity. They are overwhelmingly funded through oil and gas […]
From Genocide to 3G: Innovations in Rwanda
04.1.12
BY JOHN VRAKAS Standing in the heart of a village in northwestern Rwanda, a farmer named Eusebe faces a dilemma. Traders have offered him 36,000 Rwandan francs (RWF), or about US $60 per ton, for his plantains. He hesitates; the farmer knows this is a profitable price, but he has no idea if it’s a […]