100 Percent Debt Cancellation - The Multilateral Debt Relief Initiative

On March 28, 2006, the Board of IDA approved IDA's participation in the Multilateral Debt Relief Initiative (MDRI), requiring IDA to cancel all debt outstanding and disbursed owed by HIPCs to IDA as of end-2003 as soon as these countries reached the HIPC completion point. The Bank began providing MDRI debt relief on July 1, 2006.

An Industry Where Jobs Are NOT Exported

Does an industry exist that can benefit the economy, the environment, world peace, and create jobs while keeping them in the country? Believe it or not, the answer is a resounding yes! So what exactly is this industry and why is America not employing more of it?

The Euro Area's Data Difficulties

A lot of economists and people who are interested in EU development can't find the necessary data. Find out why!

Why We Need A Replacement Rail Tunnel At The Detroit-Windsor Crossing

The current rail tunnel under the Detroit River is 100 years old and links southwest Detroit and southeast Ontario. It is owned and operated as an ongoing business by the Detroit River Tunnel Partnership (DRTP).

Trains And The Quality Of Life

I would like to comment on a published article in The Straits Times bearing the same title as this post. The article seems to be conceived to pacify those who could be opposing more rail lines as they do not see the need of expensive rail lines. As much as I like to concur with the author that having more rail lines will improve quality of life, I would like to pose some questions in response to the otherwise simplistic argument put forth.

Ruined Rural Economy India - Crocodile Snuffles Part 8

The article deals with various issues of rural economies and farming sector problems in rejuvinating them with a view to increase purchasing power and creates new markets.

Paid To Passage Straits Of Malacca

Moreover, the amount to be paid is a mere drop in the ocean and won't threaten their bottom line. The stepped-up naval patrols and aerial surveillance by Malaysia, Indonesia and Singapore have been effective in reducing piracy, but these are expensive affairs and so are the buoys, lighthouses and other navigation aids, and the measures to clean up oil spills. Since the littoral states have taken purposeful measures to come to grips with the issues of safety, security and pollution, it is incumbent on the international maritime community to lend them a hand. It is time the shipping industry took on board the idea that it too should contribute financially to the upkeep of one of the world’s busiest sea lanes.

Ruined Rural Economy Of India - Neglected Preferences Part 6

The article revolve around the economic failure of Indian farmers and various factors which ruined farming sector are analyzed. It also suggest various steps to revive Indian and world agro sectors based on two theories of Som-Kalpna Spiraling Rural Economy Cycle (SKSREC) mode and Kalpna's Everlasting Economic Loop (KEEL).

Sub-Prime Lending Disaster Cometh

In the late 1980s and early 1990s we had the junk bonds and the S & L Scandals and now we have a crisis in the sub-prime lending banking sub-sector. During the height of the real-estate bubble too many loans were being made to folks who had marginal or less than marginal credit. Loans were made well above the actual equity value. Now the equity in many folk's homes has dropped by 20 percent or more, where does that leave the lenders?

Why Revitalizing Urban Slums of the World will Not Work!

For those who get a chance in their lives to visit emerging nation's urban slums it is an experience that they never forget. Most everyone who visits them feels a great deal of empathy, even the most hardcore individuals. One cannot help but think something must be done, even take up the cause themselves to push awareness, motivate volunteers, influence political will or devout their lives to aiding the sick, weak and poor.

Ruined Rural Economy - India Have We Part 2

The article deals in depth the effect of the metal industry over agro due to neglected priority of GOI and subsequent lapses in taking care of farming sector and villages.

Supply Chain, A New Concept in India - A Success Story of the India Supply Chain Council

The Concept of Supply Chain in India is a new concept if not unofficially at least officially. India Supply Chain Council has been a pioneer in this here in India in popularizing the concept in India. The organization in its two years of existence has been very successful in its endeavor. What is supply chain all about and why is it so important in today’s global business activities. Supply Chain refers to the distribution channel of a product, from its sourcing, to its delivery to the end consumer (also known as the value chain). The supply chain is typically comprised of multiple companies who are increasingly coordinating activities via an extranet.

The Rise of Globalisation in the World Economy

Factors that explain the rise of Globalisation, including free trade, capital mobility and improvements in technology.