· May, 2007

Stories about Economics & Business from May, 2007

Bahrain: The ‘two seas’ are now a concrete jungle

From 'blog wars' to work ethics, the Bahraini blogosphere is bubbling with new ideas and excitement. Ayesha Saldanha sheds more light on discussions taking place this week about Bahrain's jungle of concrete, compensation for the victims of the capsized Al Dana dhow, the historic Bab Al Bahrain (Bahrain Gateway) and much more.

Bahrain: Minimum Wage

“Increasing the minimum salary will only be a temporary solution against families and individuals that are being affected by inflation, but this will only be done by dropping employment opportunities and decreasing the quality of the work experience for those very workers affected – and is hardly a reason to...

Jamaica: Mergers and Acquisitions

  28 May 2007

“It's a little like a bad version of The Brady Bunch — each parent tells their children that a marriage is about to happen to join two families together, and… ‘by the way… in case you kids were wondering… nothing will change'”: Against the backdrop of several high-profile regional mergers...

Ecuador: Railway Company Keeps Public Informed

  28 May 2007

Luigi Salas [ES] had never traveled on a train in Ecuador. However, after reading the blog El Tren mas Dificil del Mundo [ES] (The Most Difficult Train in the World) he feels that maybe he should. The aforementioned blog is written by Héctor Villagrán Cepeda, who is president of the...

Singapore's Myanmarese Go Online for Double Taxation Petition

  26 May 2007

Myanmar residents abroad have to pay an additional tax to the Myanmar government in addition to the tax they pay in their host countries. Failure to pay this this tax results in Myanmar embassy denying them consular services. Myanmarese residents in Singapore are using their blogs and other online means to get support for a petition to avoid this double taxation.

Estonia: Part of Nordic Community

Itching for Eestimaa writes about Estonia's relations with its Nordic neighbors: “Estonia is too small and too far for serious investment when dollars and pounds can flow into larger, closer markets like Poland, Hungary, or the Czech Republic. For the Finns, Swedes, and to a lesser extent the Danes and...

How the South is financing the North's internet connection

Reseau International de correspondants writes about pricing inequalities in the international telecom system (Fr) that place a disproportionate burden of payment on developing countries to the extent that “the South is financing the North” and it is in effect “three times more expensive to connect to the internet” in developing...

Peru: Dust into Gold

  25 May 2007

A entrepreneurial neighbor of blogger C.J. Schexnayder aka Kleph collects the refuse from the floors around jewelry stores in Miraflores, and puts it through a process to remove the gold specks. The entire process was also documented on Klephblog and presented in a slideshow titled “Dust into Gold.”

Morocco's UN Refugee Office Closes its Doors

Cat in Rabat reports that The United Nations Refugee Office in Morocco has closed its doors after African migrants stormed the building on Saturday. “They were demanding financial assistance for accommodation and food, as well as residency papers, access to healthcare, and the right to work,” she says, adding: “There...

India: Street Vending and the Media

  24 May 2007

Sacred Media Cow on how the media covers the issue of street vendors. “The local English print media has often targeted hawkers invoking a liberal-democratic discourse of citizenship: the rights of the ‘common man’ or the ‘pedestrian’ to public space, the ‘common man’ being a politically innocent, classless, neutral entity...

India: Supermarkets, Chain stores and Corner Stores

  24 May 2007

The Qualitative Research Blog on the differences between supermarkets and traditional stores in the UK and India. “It’s interesting to see how retail establishments from these two worlds are converging – borrowing elements that work and shunning away those that don’t. The small – medium size ‘supermarket’ ensconced in residential...

Bahamas: Saving Nassau

  24 May 2007

Larry Smith at Bahama Pundit has a few ideas about how to go about improving downtown Nassau and quotes Pat Rahming to emphasize the point: “…The need for thought about both the function and meaning of the downtown can't be overemphasized. That is where the legacy of the nation is...