Tag - development



Western strategy in the Middle East has been a failure, leaving the region less stable than ever, exemplified by the conflict in Gaza.
Feb 2, 2024
Why 'the rest' are rejecting the West
Western strategy in the Middle East has been a failure, leaving the region less stable than ever.
Changes from the World Bank are part of broader reform efforts to expand the development lender's mission to tackle climate change and other global crises, and vastly enlarging its lending capacity.
BUSINESS / Economy
Feb 2, 2024
World Bank to offer access to emergency funds from existing loans
The move will offer nations hit by a hurricane, earthquake or pandemic a liquidity burst that could reduce hardship.
A decision by Mali, Burkina Faso and Niger to withdraw from the Economic Community of West African States (ECOWAS) could yet take time to implement, but if carried through, is set to disrupt the region's trade and services flows, worth nearly $150 billion a year.
WORLD / Politics
Feb 1, 2024
West Africa's 'Brexit' moment spells trouble for the region
The latest crisis highlights the growing rift between the Western-allied governments and military-run countries increasingly relying on Russia and China.
The rural economy has been hurt by a drop in the output of some key crops, such as wheat, in the past three years due to a rise in temperatures, patchy monsoon rains and falling reservoir levels.
Feb 1, 2024
World-beating growth? Not for India's rural majority
For many in rural India, which is home to 60% of its 1.4 billion people, the country's so-called spectacular economic growth is nowhere in sight.
Given that developing countries’ domestic markets are much smaller than that of the U.S., liberal trade policies play a larger role in driving their economic growth.
Jan 31, 2024
Developing countries should reject American-style protectionism
America’s current industrial policy poses an existential threat to the multilateral trading system it worked so hard to build
Farmers dry coffee beans at the Thiririka farming cooperative in Kiambu County, Kenya, in November 2022.
Jan 15, 2024
Is it time for a coffee cartel?
If farmers in the developing world are prevented from getting their fair share from coffee production they should take matters into their own hands.
Chinese leader Xi Jinping attends the Shanghai Cooperation Organization summit in Bishkek, Kyrgyzstan, with other leaders in June 2019.
Jan 10, 2024
Xi eyes Global South as China elevates ties with record number of nations
Beijing elevated the way it described ties with 17 countries and territories, most of them from the developing world.
The Yangshan Deepwater Port in Shanghai. China’s manufactured goods surplus relative to global gross domestic product is now around 2%, and an estimated 45% of China’s manufacturing output is being exported as the nation’s 1.4 billion people can’t buy enough goods such as electric vehicles, ships and household appliances to meet the increased supply.
BUSINESS / Economy
Jan 8, 2024
Xi Jinping’s solution for China’s economy risks triggering new trade war
Manufacturing focus sets up Beijing for renewed tensions with both developed countries and emerging economies pushing to reach the lower rungs of the industrialization.
Tetsu Nakamura was a Japanese doctor who spent decades addressing some of the root causes of Afghanistan’s health crisis. He was killed, along with five others by still-unidentified armed men in Jalalabad, Afghanistan, on Dec. 4, 2019.
Jan 5, 2024
New film ensures slain Japanese doctor's Afghan legacy lives on
An English-language documentary is set to introduce the humanitarian feats of Tetsu Nakamura, who spent decades tackling Afghanistan’s health crisis, to a new audience.
A consumer market in New Delhi on Dec. 12, 2023. Long-term investment in India by businesses is stagnant, and foreign money is falling, even as the government is driving growth with infrastructure spending.
BUSINESS / Economy
Jan 2, 2024
India is chasing China’s economy. Something is holding it back.
While money is flying into India’s stock markets, long-term investment from overseas has been declining.
Prime Minister Fumio Kishida and Kenyan President William Ruto arrive at a joint news conference in Nairobi in May.
Jan 2, 2024
Japan to boost ties with Africa, with eye on China
Japan's shift in approach mirrors Africa's importance as "a significant voting bloc" of 50-plus countries that Tokyo can look to for support in international conferences.
A pollution pod designed to mimic the air quality in New Delhi sits during the United Nations Climate Change Conference (COP28) in Dubai on Tuesday
ENVIRONMENT / Climate change
Dec 13, 2023
Without fairness, fossil fuel phase-out flounders at COP28
Developing countries emphasized that they could not embark on the journey toward renewables in the absence of clear guarantees of international support.
Japanese civil engineering group Infroneer said it would buy Japan Wind Development from Bain Capital for about $1.4 billion.
BUSINESS / Companies
Dec 12, 2023
Japan's Infroneer to buy Japan Wind Development from Bain Capital
The $1.4 billion acquisition will expand the Japanese civil engineering group's renewable energy business.
What’s worrying from the stock market’s perspective is that the Reserve Bank of India is taking more direct steps to rein in debt-fueled consumption.
Dec 7, 2023
The world’s most-loved emerging market is feeling jittery
India's economic prosperity is primarily being attributed to a small elite class referred to as the "Octopus class."
A man talks on the phone during COP28 in Dubai on Monday.
Dec 4, 2023
Japan, France back plan to boost climate lending with IMF reserves
Multilateral development banks say they can bolster climate finance in developing markets by leveraging the IMF's Special Drawing Rights.
U.S. Vice President Kamala Harris, speaks at a high-level segment at the COP28 climate conference in Dubai on Saturday.
WORLD / Politics
Dec 3, 2023
U.S. lays out plan at COP28 to slash methane emissions from oil and gas
The rules, two years in the making, were announced by U.S. officials at the United Nations COP28 climate change conference in Dubai.
A man walks past national flags of participating countries at the venue of the COP28 climate summit in Dubai on Thursday.
ENVIRONMENT / Climate change
Dec 1, 2023
Early pledges on 'loss and damage' fund build shaky trust at COP28
More pledges are expected to be made to the new fund during the two-week COP28.
Sultan Ahmed Al Jaber, chief executive officer of Abu Dhabi National Oil Co. and president of COP28, speaks on the opening day of the U.N. climate conference in Dubai on Thursday.
ENVIRONMENT / Climate change
Dec 1, 2023
COP28 opens with 'historic' launch of loss and damage fund
More monetary pledges are expected in the coming days
Indian Prime Minister Narendra Modi greets leaders of the Group of 20 countries in New Delhi on Sept. 9.
Nov 30, 2023
India’s G20 presidency is marked by a dawn of new multilateralism
From empowerment to climate change action, India ends an impactful year as the G20 president.
A wind farm near near Golmud, Qinghai province, China
Nov 29, 2023
The promise of China’s sustainable-development path
As of this month, China has (since 2017) approved 572 “ecological civilization construction demonstration zones.”


Hideo Shimoju points to a possible site that his fellow neighbors may relocate to. Such relocations have happened before, but not preemptively.
In disaster-prone Japan, some communities consider major moves