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Developing a Standard on CSR

A new standard on corporate social responsibility, ISO-26000, is currently being developed. ISO-26000 is designed as a guide to help businesses understand where their responsibilities to various stakeholders begin and end. The standard, long in demand by Western businesses, will provide a company wi...

Peru’s Next President

Last week, the current president of Peru, Alejandro Toledo, highlighted that during his presidency the country has grown on average at 5%, which is quite an accomplishment when compared to previous periods in Peru's recent history. However, while Alejandro Toledo has "been a good manager, he has bee...

Student Protests…in Africa

While protests in France are capturing the headlines, students in various African countries also “take it to the streets.”  See a discussion on the BBC website, where students share opinions on their right to protest against government policies and actions of school administrators. Many...

Dangers of a Cash Based Economy

A tragic - yet not uncommon - story in Russia: a businessman, exploring new business opportunities, killed while carrying $400,000 in cash.  Why carry this much cash and not use a bank system?    The killing casts the spotlight once again on the prickly issue of cash-only payments, a tax-avoi...

Kuwaiti women vote

A brief note, since this was not well-covered in mainstream media: Today, Kuwaiti women made history when they voted for the first time in municipal elections, where two women also were running for office. This paves the way for them to vote in the 2007 parliamentary elections, the only elected pa...

Shock Altruism

Over the past few months, and most recently in the Washington Post, there have been a variety of articles about the Millenium Village Project.  Created and carried out by Jeffrey Sachs and the Earth Institute at Columbia University, the Millenium Village Project attempts to provide destitute villag...

Corruption and Aid

Although this story is a little dated, I just came across it and thought that it deserves some attention.  A few weeks ago, Oxfam suspended its reconstruction activities in tsunami damaged Aceh, citing corruption concerns.  Certainly a sign of ethical behavior from an organization, which chose not...

Women Participation

Slowly but surely, a labor market revolution is taking place in Egypt, Record numbers of Egyptian women are holding jobs, and the variety of careers open to them is rising. Women serve as bank CEOs, newspaper editors, university deans, and government ministers. One has been appointed a judge. I sens...

China’s Trapped Transition

I had an opportunity to attend a presentation by Minxin Pei on his new book China's Trapped Transition: The Limits of Developmental Autocracy. Minxin Pei refutes three popular "myths" associated with China's current economic and political situation: economic growth inevitably leads to political l...
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