Stories about Economics & Business from September, 2011
“Discussion is revolving around the country’s earnings from our energy resources and the likely size of the next year’s budget, expected to be delivered in early October”: Afra Raymond warns that “without proper control over expenditure, we will continue to lurch from crisis to crisis.”
Generation Y compares the official distribution of “rental properties, cars, businesses [and] houses” to a pinata at a children's party, saying: “What is most worrying is [that] the…existence of such a mechanism will undoubtedly feed corruption, ‘socialism,’ and put into the hands of government sympathizers the fattest strings for when...
The American economy is at a standstill and seems stuck on that plateau. The poverty rate is affecting more than 46 million people, 15.1 percent of the population, according to the latest Census figures. Minorities, and Hispanics in particular, are amongst the most affected.
Obama Fried Chicken (OFC) is now opened in Beijing. (From Shanghaiist)
WikiLeaks has released a set of Laos files that confirmed the country’s underdevelopment, endemic corruption in the bureaucracy, and the fragile state of its environment. Here are some online reactions and excerpts of the Laos cables.
Nick Fielding writes that the US and other donors have provided 90 per cent of Afghanistan's public expenditures in 2006-2010. With the 2014 target date for the withdrawal of US troops, the question is how the government in Kabul would fund its security forces, who use up the lion's share...
Global Voices in Greek translator Margie Lazou posts an open and unvarnished account of her daily struggles as a single mother in crisis-ridden Greece on her personal blog: “All those people out there in Europe, please, come live here, be in my shoes for some time before judging me.”
Stoney Chenal reviews the experience of Vietnam in implementing Cash Transfer programs.
A local Non-Government Organization, La'o Hamutuk, has set-up a special website page to gather information, monitor project updates, and document the resistance of a community to East Timor’s Tasi Mane Petroleum Infrastructure Project.
Project Why exposes that there is a serious flaw in determining who is poor in India and who will get social welfare benefit from the government. The blogger asks: “what are we trying to do: show the world that we are not poor?”
Uhro van der Pluijm from Omkar Gopalakrishnan's Posterous blog wrote about ethical issues in doing business in North Korea.
Home of the Albanian Blogger reports that one out of three Albanians pays bribes, making the country the most corrupt in Europe.
In New York, a peaceful protest has developed: "Occupy Wall Street." Inspired by the events in cities throughout Arab and European countries, demonstrators are protesting against the way in which the U.S. economy has been managed.
The East Timor government says it established the Timor-Leste eProcurement Portal to enhance transparency and accountability. The website “allows citizens, donors, NGOs and the press to analyze and search information related with the goods, services or works that (the government) is procuring.”
Iván García explains that “the Cuba of the 21st century is split in two. The islet of the gentleman and the atoll of the comrade.”
The Russian government is attempting to spread the system of Internet controls abroad. Russian bloggers are interpreting these attempts as either the current regime's basic self-preservation instinct, or, even more troublesome, as inadequate thinking about the Internet.
Last week, Colombian President Juan Manuel Santos toured Japan and South Korea for seven days with the goal of strengthening commercial ties. In Japan, he signed an agreement to protect reciprocal investments, while the Koreans promised to accelerate the process for a free trade treaty. Bloggers and Twitter users commented on the trip.
Diawara at Sur les traces de l'empire du Mali [fr] describes the upcoming tight schedule of Malian president Ahmadou Toumani Touré (aka A.T.T) : “A.T.T is seemingly keen on leaving a good lasting impression as he prepares to depart his (presidential) office. Indeed, his upcoming agenda is heavy on inauguration ceremonies of newly built...
Politics, Economy, Society writes about the upcoming Oct. 9 parliamentary elections in Poland.
According to a forecast by the Intentional Monetary Fund, Uruguay's economy will expand 6% in 2011. Rosario Queirolo in Razones y personas: repensando Uruguay (“Reasons and people: rethinking Uruguay”) comments on the relationship between economic growth and general satisfaction in Uruguay.
Rebeca Monzo examines the new image of the Cuban woman, saying: “In official spheres they speak of the revolutionary woman, mother, comrade, worker, housewife. But what’s certain is that, more and more, our women suffer transformations that are detrimental to their appearance and self-esteem.”