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How does the International Finance corporation work

IFC promotes sustainable private sector development in developing countries. We are promoting economic development in particular that encourage the growth of production and the formation of efficient capital markets in member countries.

Our investment in companies and financial institutions in emerging markets creates new jobs, strengthen the economy and lead to increased tax revenues. We are also confident that economic growth can be sustained only if that does not cause damage to the environment and the social sector, and increasing the quality of life of people in the developing world.

The world market for insurance on the threshold of change

A recent study conducted by IBM indicate that in the next 15 years the global insurance industry expects some radical change. You will see a new set of products, services and business process aimed at creating profits and long-term growth industry.

Thus, according to experts, the new insurance model that focuses on personalization services and active accounting risks significantly facilitate the processing of insurance claims, and reduce the costs of insurance companies, moving the emphasis on the prevention of insurance cases. This model, implying a radical change in the business, will replace used for decades model insurance. Industry usual pattern of interaction with the customer is likely to have already exhausted themselves in the future and not be able to provide long-term benefits. They succeeded give new methods of work organization built on the basis of technologies that are being developed today and will be developed in the future.

Stormy seas on markets -- time to buy, sell, hold or jump?

There is no question that for investors right now there is a lot of bad news out there. When we talk about buy, sell or hold we are usually talking about stocks and stock markets. There are other asset classes to consider but let's look at stocks first.

Although they are capable of bouncing back as quickly as they fall, global stock markets have taken quite a tumble in recent days. The following are some of the items of bad news that have been dragging them down: - The now infamous sub-prime market, where mortgage loans to people who could not afford them have led to thousands of foreclosures and falling house prices in the U.S.

The right tool for the developing economies of the Arab world

The right tool for the developing economies of the Arab world

The theory of economic order is hardly developed in Arab economic literature. At best, it is addressed in politics to compare the various economic systems and to derive there from the implications for economic policy. This situation may be ascribed mainly to the fact that Arab states - despite the unifying element constituted by Islam as a religion encompassing all aspects of life - did not have, historically speaking, a homogeneous development, except for the classical era of the Muslim empire which, even itself, was not free from regional and geographical differences. During that era, there developed almost everywhere an economic system based on the free choice of economic actors, though directed, in almost all Arab territorial states, toward trade (bazaar capitalism).


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