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Mobile Banking in Myanmar: No Gold Rush Yet!
This was the first time I bought something on the black market. Yet I would have expected to have to enter a semi-legal market for purchasing other items than a perfectly ordinary SIM card. But when the Myanmar government stopped issuing temporary SIM cards in July 2013, the only way […]
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“G Major”: The Key for Successful Global Financial Governance?
Our blogger Michael Carbone reports about the Bertelsmann Foundation’s fifth annual conference which focuses on economic growth through innovation, global financial governance and the eurozone crisis: “System Upgrade: Time for an Economic Reboot“. Today’s international monetary system is too flexible and lacks necessary coordination amongst the central banks of major […]
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Greece’s Withdrawal from the Eurozone Could Cause Global Economic Crisis
Bertelsmann Foundation warns of extensive domino effects Greece’s exit from the Euro bears the risk of kindling a wildfire throughout Europe and possibly even on an international level and may result in a worldwide economic crisis. Countries affected would include not only Southern European nations or EU members, but also […]