Articles

September 2013 | Global
Too Soon to Bury the WTO
’The WTO is going through hard times: Under the conditions of economic crisis, many countries are turning to protectionism, and a Doha Round agreement on new principles for liberalization of global trade has not gotten off the ground. Furthermore, economic integra...

September 2013 | Global
Sometimes They Return
More and more American companies are bringing their manufacturing back home from China. A trend like this is unlikely to be based on a sudden surge of patriotism, but rather due to the rising minimum wage in China and the studies showing that consumers are willing to pa...

September 2013 | Companies and Markets
Czech Republic Wont Give Up Atomic Energy
Then-Prime Minister of the Czech Republic Petr Necas, in his speech at the 8th Annual European Nuclear Energy Forum on May 30, announced that the Republic plans to continue developing nuclear energy. “I think that nuclear energy can not only strengthen our country...

September 2013 | Global
How the World Is Beating a Virus
Thirty-two years ago, when the HIV virus was first diagnosed, the disease was a death sentence and there were no medicines able to prolong life for those infected with HIV. Seventeen years ago, when the first decent anti-viral drugs appeared, treatment cost $10,000 per ...

September 2013 | Global
France Opposes Industrialization
The euro crisis, which isn’t letting go of Europe, has forced governments in the European Union to consider whether everything is properly in place for industry. Is Europe able to survive on its own without Asian colonies? The recent collapse of Bangladesh’s...

September 2013 | Global
Spain in the Pits
Spanish industrial manufacturing hit rock bottom in 2007, when turnover fell by 30%. Last year, according to the Bank of Spain, production dropped another 8.5%, despite significant increases in exports. Over these years, all of the largest factories have been announcing...

September 2013 | Investments
ECOSOC President Nestor Osorio: "Indonesia, Kazakhstan, Colombia, and Vietnam Could Create a New System"
Nestor Osorio, the head of the UN Economic and Social Council, shared his ideas with a correspondent of World Economic Journal about combating unemployment, and proposed creating a new bloc of countries, rather than expanding the BRICS.  The most acute and...

September 2013 | Global
Yuan To Go Global
The Chinese yuan will become a convertible currency and be released globally for trade by 2020, when China’s economy will be the largest in the world, according to Beijing. Will the PRC’s currency be able to enter a troika of the major global currencies and ...

September 2013 | Rating
When the State Failed
The American Fund for Peace publishes its Failed States Index every year, which reflects the political and economic risks threatening the integrity of countries and the ability of their governments to resist such risks. Throughout the eight-year history of this rating, ...

September 2013 | Rating
A Happy Continent
The Organisation for Economic Cooperation and Development (OECD) has calculated the country where the happiest people live. Of the 36 countries participating in the research, Australia was the leader. The country-continent has been leading the Better Life Index for its ...


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