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Science, technology and innovation are familiar issues to the G8. In 2000 in Okinawa, G8 leaders established a task force to address the global digital divide, and at the 2003 summit in Evian, G8 leaders endorsed an action plan for science and technology in sustainable development. There is a clear continuing need for these important initiatives. We would like to stress, more generally, the fundamental importance of science, technology and innovation in tackling a wide range of problem...
Joint science academies’ statement: Science and Technology for African DevelopmentNews
What better time to read Capitalism at the Crossroads than in the wake of General Electric’s announcement that it would invest big bucks in eco-friendly technology? The grandfather of industrial conglomerates believes it can make good profits from products that promote fuel efficiency and environmental protection. Stuart Hart , professor of sustainable global enterprise at Cornell’s Johnson School of Mana...
The commercial challenge of solving the ills of the world, by Simon LondonNews
Are the capitalists abandoning capitalism? Tomorrow, General Electric Co. -- icon of American business and the most widely held stock in the world -- will release its first-ever Citizenship Report , a 75-page bow to the bevy of nongovernmental organizations pushing for ever-more corporate social responsibility. The release comes just nine days after GE took the surpr...
Will ’Social Responsibility’Harm Business? by Alan MurrayNews
Popularity linked to expansion of private capital The rapid growth in mobile phone use throughout the developing world, especially in sub-Saharan Africa, is helping to transform national economies, producing a thriving entrepreneurial class and marked growth in private capital, according to Leonard Waverman, an economist with the London Business School. Speaking at the American Enterprise Institute (AEI) in Washington May 5 on a panel of fellow economists and representativ...
Mobile Phones Change Ways Africans Live And Do Business, by Bruce GreenbergNews
Mr. Drasko says he has tried Ford Ranger and Chevy S10 pickups and a Brazilian-built Nissan truck, but no vehicle has proved more reliable than Toyota Motor Corp.’s Hilux model. If you break down in remote oil fields, and it’s winter, you’re cooked, he says. Now, Toyota is banking on a new version of this sturdy workhorse and a couple of related models it will sell mostly in the developing world as a key part of its strategy to overtake General Motors Corp. as the w...
Toyota replants itself near emerging markets, by Norihiko ShirouzuNews
Migrant workers around the world will soon be able to send money back home by efficient and reliable electronic transfers, eliminating the paper and manual work now involved with traditional postal money orders, under a joint project announced today by the United Nations postal agency. ?There is a strong trend for overseas workers to send part of their earnings home to their families, but the market response to this issue has so far been inadequate,? Universal Postal Union (UPU) Director-G...
UN postal agency unveils plan for migrants to send money back home electronicallyNews
The U.N. estimates that the creative industries -- which encompass a wide range of activities, from the movie and music industries to fashion and computer software -- represent seven percent of global GDP, the equivalent of 1.3 billion dollars this year. It is also a sector that is growing at a faster rate than the world economy in general. In the United States, Miguez noted, the intellectual property sector accounts for eight percent of GDP and generates employment for 12 percent of the c...
Harnessing Creativity to Boost Developing Economies, by Mario OsavaNews
Sixty percent of General Electric Co.’s growth in the next decade will come from developing countries, with revenue from China alone expected to top $5 billion in 2005, GE’s top executive said yesterday at the company’s annual meeting. This is a great time for your company, because we are outperforming in a slow-growth world, chief executive Jeff Immelt told shareholders. The industrial, financial, and media powerhouse has won 70 percent of China’s commitme...
GE looking to developing nations for future growth
