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Virtual world calls for virtual money
Money - or lack of it - causes the most stress for individuals and family problems. But since we're now dealing in a near virtual world let's simply go to mobile device money and do away with the billfold that's either half full or half empty. Ironically, people in third-world countries have been faster to convert to mobile money than those in industrial countries. The challenges? Infrastructure and security. Someone always wants to spoil the party but the transition is underway.

Leveraging on China’s Thirst to Develop Africa
I recently heard a great daughter of Africa tell a story of two sisters who chose two different paths.
Canada’s Global Face - New Market Opportunities at Home
In the past 14 years 3.1 million people have immigrated to Canada and these people are not from the traditional European communities (In that period approximately 800,000 immigrants were from Europe, and the UK). This can create new opportunities for companies seeking to increase their market share at home and overseas.

The 5 killer myths for any business OR how to fail successfully in business...
The article talks about the 5 myths I have observed in my numerous interactions with entrepreneurs across the world. From my experience most of the times these myths have more to do with the business failure rather than the external forces. Read on...
4.2.1 The gendered nature of poverty
Over two thirds of those living in absolute poverty are women (UNDP, 1998). As noted earlier, women are very heavily concentrated in the most marginal survival enterprises (often working at home) and in wage employment in secondary labour markets that are characterised by low skills and high turnover. In Sub-Saharan Africa, they also undertake the bulk of agricultural production. The 'training crisis' is, therefore, overwhelmingly linked to the economic and social vulnerability of women and particularly the multiple constraints that prevent them from exploiting training opportunities.
Conclusion: Human Capital and Economic Development
Africa has made large strides in raising literacy and school enrolments and improving health. However, in the case of both education and health these gains are lower than those in other developing countries.
The role of human and physical capital in growth: The Effects of Human Capital on Economic Development
We begin by a consideration of the links by which investment may affect the growth of output. Both physical and human capital directly impact on the productive capacity of an economy. However such direct effects may not be the most important.
Trends since 1960: Africa’s human development
The welfare of Africans rose in both the 1960s and 1970s, whether assessed solely by GDP per capita or by the wider HDI.
Comparison with other developing countries: Africa’s human development
Table 1 sets out the HDI and its components by region for 1994. Life expectancy in Africa is 53 years, compared to 61 in South Asia. Much of the lower life expectancy in Africa reflects higher child mortality.
Introduction: Human Capital and Economic Development
Health and education are both components of human capital and contributors to human welfare. One index of human welfare, which incorporates income, education and health, shows that Africa’s level of ‘human development’ is the lowest of any region in the world.
5.1 Employment, productivity and social dialogue: Working Out of Poverty
The ILO is mandated both by its Constitution and by the United Nations to examine the functioning of economic, social and financial policies from the perspective of employment creation as a central goal. Full, productive and freely chosen employment is the primary means of reducing and eventually eliminating extreme poverty. Moving toward this objective requires a steady and brisk pace of growth that is sustainable in environmental, social and economic terms.
2.0 Work and the life cycle of poverty: Working Out of Poverty
Surviving on the poverty line requires considerable ingenuity, courage, self-discipline and endurance. No opportunity to earn some money or payment in kind can be missed. Children and elderly dependants as well as adult members of the family often have to work in some way or other for a bare subsistence income. Hunger is ever present. Sickness or an accident means disaster. Mending the roof, buying clothes, furniture, even exercise books and pencils for school are major investments.
The Citi Foundation Citigroups GrantMaking Arm Pledges USD 100000 to PlanetFinances Microfinance Training Programme in Middle East and North Africa
The Citi Foundation, the grant-making foundation of international financial services firm Citigroup, has pledged a USD 100,000 grant to PlaNet Finance, the French non-profit company that assists microfinance institutions (MFIs), towards the development of a microfinance training curriculum in Arabic. This will be aimed at MFIs in seven Arab countries and delivered through 50 course modules designed to provide them with skills in human resources, planning and strategy, products, accounting, supervision and finance. There will be five-day training sessions in Casablanca, Cairo, Beirut, Amman, Ramallah, Damascus and Sana’a over the next three years.

Other south asia Related Articles

Interview With South Africa's Top Fashion Insider, Renato Palmi
South Africa's Renato Palmi an academic and also business developer for the clothing and fashion sector in South Africa discusses with Uduak Oduok aka Ladybrille the State of South Africa/ Africa's current Fashion Industry. He addresses issues on doing business in South Africa, expanding into the USA markets and the obstacles and challenges such as lack of business skills, and influx of cheaper Chinese imports that create challenges for Africa's fashion designers and the industry as a whole.
Black Economic Empowerment, like charity, is not investment
South African businesses have become one of the largest investment blocks in Africa. Many African countries regularly fret that they are losing their local business ownership to their cousins down South. Every sector of South African business is represented in this new scramble to invest; from mining to telecommunications to retail.
Wanted: jobs for Africa’s youth - Public Works
In many countries, immediate, short-term solutions are needed to quickly ease the burden of unemployment. Public works programmes are a popular option. South Africa, which commits more than $800 mn to public works, has one of the best programmes on the continent, reports the ILO. In terms of technical design standards and the quality of completed physical infrastructure, the country’s public works programme “was regarded as surpassing anything that the ILO members of an evaluation team had encountered in more than 30 developing countries in Africa, Asia and the Pacific,” notes the ILO.

Foreign Joint Ventures in Southeast Asia and the Role of Japan
It is next to impossible to discuss the dynamism of local entrepreneurship in Southeast Asia without discussing its relationship with foreign capital. Foreign joint ventures have been the major form of international linkage in Southeast Asia, transferring technology and skills to local investors.
Comparison with other developing countries: Africa’s human development
Table 1 sets out the HDI and its components by region for 1994. Life expectancy in Africa is 53 years, compared to 61 in South Asia. Much of the lower life expectancy in Africa reflects higher child mortality.
Making Finance Work for Africa
South Africa’s success in getting the financial sector to extend services to poorer communities could be adapted for other African countries, said Trevor Manuel, Minister of Finance of South Africa. He told participants that this is exactly what has been achieved by South Africa’s Financial Sector Charter. The charter was developed some four years ago by the financial sector, including banks and insurers, after the government urged it to transform its practices and policies
Is Experience The Best Teacher?
It’s interesting to consider the wisdom of some expressions in common use these days. How about the phrase “Experience is the best teacher?” Or how about this gem, “What you don’t know won’t hurt you?” And what about, “He or she is a born sales person” or “Ignorance is bliss”? As I work these days with sales people and sales managers across Australia, New Zealand and South East Asia I see so many examples of why beliefs like these are so dangerous.Experience is not the best teacher
A US Export Growth Area - Talent Development
According to the Economist magazine, US university programs are in big demand all over Asia. Despite its booming economies and huge numbers of people, Asia is suffering a big shortage of skills. They also say it is about to get worse!
Support for incorporating in Singapore
Singapore is world renowned as being a key business hub in Asia. Despite its size, Singapore provides important policies, infrastructures and business establishments that are key incentives for entrepreneurs who wish to incorporate their business in Asia. This article highlights some aspects to support choosing Singapore a regional, or global, hub for operating a successful business.
Tax Directives Assist Investment Flow to Asia
The article highlights a recent legislation change that has potential to drive investments from western markets to jurisdictions in Asia. Jurisdictions in Asia such as Singapore and Hong Kong have several advantages for offshore banking and offshore company formation, which are covered in the article.
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