Overcoming the Challenges of China’s Northeast

Overcoming the Challenges of China’s Northeast

photo: Connie Northeast China is under heavy pressure to reduce overcapacity. As the economy is rebalancing, so must “China’s Rustbelt.” But how? In the next five years, China’s steel sector should reduce capacity by 100-150 million metric tons, while the coal mining sector will cut capacity by 500 million tons, with another 500 million tons to […]

C-Suite and Beyond: Chile Sets the Trend for Women

C-Suite and Beyond: Chile Sets the Trend for Women

From the Multilateral Investment Fund Trends blog  If women make up half of the population and almost half of professionals in Latin America and the Caribbean, why are not more women represented in senior management positions in businesses in the region? A study recently published by McKinsey & Co., Women in the Workplace 2015, estimated that in […]

Can Hong Kong Overcome Complacency?

Can Hong Kong Overcome Complacency?

photo: Oriol Salvador In the past, so the legend goes, Hong Kong feared nothing. Today, the city seems frozen by its obstacles. Can it change, once more? In a recent commentary, I argued that, in the absence of a radical new growth strategy, Hong Kong is facing an eclipse. In a response, “Hong Kong’s strength lies […]

Boot Camps to Kick-Start Public-Private Partnerships in the Caribbean

The concept of public-private partnerships is in vogue in the Caribbean. Some governments mistakenly believe that PPPs allow the private sector to build and maintain infrastructure like roads, and provide public services like wastewater treatment, with little cost to the public sector. This is not the case. However, in certain PPP projects, private-sector efficiencies can […]

What Drives Hiring Uncertainty?

Despite one of the longest recoveries in recent US history, hiring remains subdued and the unemployment rate decreases mainly as a result of falling labour force participation. Other advanced economies face similar difficulties, even though their recovery has been less dynamic. Currently more than 8.3% of workers are out of a job in advanced economies, […]

U.S. Nonfarm Private Payrolls: August 2013 Preview

Private nonfarm payrolls in the U.S. are projected to post a monthly increase of 207,000 (seasonally adjusted) in tomorrow’s August update from the Labor Department, according to The Capital Spectator’s average econometric point forecast. The projected gain is substantially higher than the reported increase of 161,000 for July. Meanwhile, The Capital Spectator’s average August projection […]