Globalization

Study urges countries to further cut red tape and barriers to entrepreneurs

BRUSSELS, May 14, 2008 — Big gains in the productivity of workers in Eastern Europe and the former Soviet Union during the past decade have helped boost growth and living standards, but more must be done to eliminate red tape and barriers to enable firms to become more productive in a rapidly globalizing world, says a new World Bank report.    » read more »

World Bank Group President Unveils Strategic Direction to Advance Inclusive & Sustainable Globalization

Washington, October 10, 2007--World Bank Group President Robert B. Zoellick said, “It is the vision of the World Bank Group to contribute to an inclusive and sustainable globalization – to overcome poverty, enhance growth with care for the environment, and create individual opportunity and hope.”    » read more »

28 June 2007 -- U.S.Treasury Secretary Henry Paulson says globalization has been a positive force on the world economy, reducing poverty and spurring development around the globe. At the same time, he acknowledges the benefits of globalization are not being shared equally and this has led to a backlash against it.

Speaking at the New York Stock Exchange, Secretary Pauslon said globalization is the key economic issue facing business and governments today.    » read more »

Three scenarios explore how globalization and innovation will reshape the financial services sector over the coming years

Singapore, 24 June 2007 – The pace of technology-led innovation and globalization is fundamentally changing the financial services landscape.

Today, on the occasion of the World Economic Forum on East Asia in Singapore, the Forum launched its latest scenario report, aimed at exploring how these accelerating forces will transform the financial services sector through 2020.    » read more »