With the future of the garment sector uncertain, Cambodia is looking for other sources of income - and one of the areas under consideration is organic farming. The government says it hopes the country could become the "green farm of Asia", and export its produce to Europe and the United States.
But there are co-ordination problems to overcome:
From the Center for Global Development, a new book, 'Reality Check' by Nancy Birdsall and John Nellis:
Land markets that allow access to land—and to buildings—through secure property rights, at transparent prices, and with efficient permitting processes and land tax systems are essential to a good business environment.
I often use the figure that a European cow gets $2 a day in subsidies - more than the average income of 2.7 billion people around the world. Now thing have changed. Europe´s cows have had a pay rise. Oxfam´s calculations show that they used to get $2.20 a day, but in 2003, they got $2.62.
TerraCycle produces a powerful, organic, eco-friendly plant food that is the first mass produced product in the world to be packaged in used plastic soda bottles. To go even further the entire product is made out of garbage from the contents to its packaging. This allows TerraCycle Plant Food to be the first mass produced consumer product to have a negative environmental footprint.
Jane Nelson is speaking at IFC in Washington DC today. For those of you who can't come, here's her paper from the recent Brookings-Blum round table.
State enterprises on average account for 15% of GDP in Sub-Saharan Africa and more than 50% of GDP in MENA. In India, more than 40 percent of the capital stock is state-owned. Heavily represented in infrastructure, finance, and energy sectors, state-firms are often two to three times less productive than private firms. Their lack of investment capital affects the delivery of critical infrastructure services while their losses are a fiscal burden. High levels of state ownership also create negative perceptions of the overall investment climate.