One billion consumers. A growing middle class. Sub-Saharan Africa poses an unbridled opportunity for Australian businesses.
...read moreArticles Tagged 'developing countries'
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Australian mobile payment service mHITs found it hard to gain traction in the local market competing with the big banks. So founder Harold Dimpel looked to the developing world where banks can’t get a foot in the door.
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The Australian start-up Solar-Gem is setting out to address the enormous need in the developing world for affordable, reliable off-grid energy solutions. For Khimji Vaghjiani, CEO, it is almost unthinkable that there are surgeons in Africa who operate by candlelight when the hospital daytime generators switch off. Concentrating on rural and remote areas, Solar-Gem delivers [...]
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World Trade Organisation chief Pascal Lamy has forecast a rise for world trade of around 9.5 percent this year, following last year’s slump of 12 percent. The WTO director-general is adamant that WTO members are unwilling to “turn their backs on policies that helped integrate them into the world economy”, but called on the USA [...]
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A wave of change is sweeping over the developing nation of Vietnam. While still a single-party state, power continuing to lie with the Communist Party of Vietnam, the appointment of relatively young politicians into newly created ministries is considered a significant generational change and a sign of the reformationist culture bringing the country into the [...]
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Parliamentary Secretary for International Development Assistance Bob McMullan last week launched a book at Parliament House that details how open markets can help reduce poverty in developing nations. Drawing on 33 research papers and case studies, Trade and Poverty Reduction in the Asia-Pacific Region presents a case for helping developing countries improve their trade-related economic [...]
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Research conducted by world bank HSBC has shown that emerging markets are most likely to lead the global economic recovery. The HSBC Emerging Markets Index (EMI) indicates a shift from West to East in economic growth. “As the world’s economic centre of gravity shifts from West to East, the economic strength of emerging markets will [...]
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I can’t help thinking that we’re all getting it wrong on climate change. By saying this, I’m not questioning the science (I’m not a scientist), the politics (I’m certainly not a politician!) or the sentiment (I think its right that we’re trying to do something about global carbon emissions). I just think that, by taking [...]
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Developed nations must consider emerging economies at the United Nations Climate Change Conference in Copenhagen this week, World Bank President Robert Zoellick has urged. “My primary message is that one will not be able to address the problem of climate change unless the solution draws on the capabilities and needs of both developed and developing [...]
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Minister for Trade Simon Crean has called for early political engagement in 2010 to conclude the Doha Round, after last week’s discussions at the Seventh WTO Ministerial Conference. “While the purpose of this WTO Ministerial meeting was not to hold detailed Doha negotiations, Ministers have committed to meet again early next year, to enable us [...]
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