Economy
Protecting Burma’s Heritage from Above
Monday, May 7th, 2012The Irrawaddy
April 14, 2012
A satellite network watching over Burma’s most revered archaeological sites is being used to help the country develop a sustainable tourism industry and alleviate poverty—but all that could be jeopardized by poor planning management.
About 90 percent of Burma’s population live at or below the poverty line while GDP per capita is the [...]
Forecast 2011: Flashing the cash seen as the path to success
Thursday, December 30th, 2010Monocle December 28, 2010 — Dili
Writer: Matt Crook
They may not yet have flat roads, regular electricity or a constant water supply, but work on Timor-Leste’s first mall is almost complete. While it’s all systems go in the capital, Dili, where high-end developments are sprouting in the most unlikely places, two-thirds of the country who live [...]
Economist says East Timor must boost spending
Friday, April 2nd, 2010AFP April 1, 2010 — East Timor should rethink the way it spends its oil wealth by increasing investment in key areas to boost its long-term growth prospects, a leading economist said Thursday.
Jeffrey Sachs, a best-selling author and special adviser to the UN secretary-general, said the government of Prime Minister Xanana Gusmao should stop buying [...]
Top UN economist forecasts boom for East Timor
Friday, April 2nd, 2010AFP March 30, 2010 — The tiny, impoverished nation of East Timor is on the cusp of an economic explosion that will eclipse even China in terms of growth, a top UN economist said Tuesday.
Jeffrey Sachs, the special adviser to the UN secretary-general told an audience at the national university that the government needed to [...]