Category Archives: Economy

18Jul/22

The Cost of Living Crisis: The Human Impact

People around the world are facing increasing pressures on their day-to-day lives. Food, energy bills and living costs are rocketing as inflation reaches record levels due to Russia’s invasion of Ukraine, the ongoing coronavirus pandemic and rising global instability.

The Thomson Reuters Foundation has spoken to people living in 18 countries around the world in an attempt to gauge the human impact of the crisis.
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08Jul/22

OPINION: Food crisis promises a global wave of unrest

Andrew Firmin is editor-in-chief at CIVICUS, the global civil society alliance, and one of the lead authors of the 2022 State of Civil Society Report.

For the past couple of weeks, mass protests have brought the South American nation of Ecuador to a standstill.
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04Jul/22

Formula for peak performance and staying power of family businesses revealed: Global report

Successful family businesses have common characteristics that drive their performance and continuity from one generation to the next, finds a new global report by KPMG Enterprise and the STEP Project Global Consortium. According to the report, three key characteristics help to sustain their success: a strong entrepreneurial orientation across the generations; family connection and attachment to the business; and ambitious next-generation leadership. Continue reading

28Jun/22

Over half of social housing residents have turned to credit or buy-now-pay-later services for essential expenses, survey reveals

Over half (53%) of social housing residents surveyed say they have used credit or a buy-now-pay-later service to cover an essential household cost such as a food shop or a bill in the last 12 months, according to the latest output from the Resident Voice Index™ (RVI) initiative. The survey of over 5,200 social housing residents on the impact of the cost of living crisis also reveals that nearly seven in 10 respondents (68%) worry all or most of the time about meeting normal monthly living expenses. Continue reading

27Jun/22

Alibaba.com Report finds MSMEs to be the “Backbone of the Post-Pandemic Economy”

To commemorate MSME Day 2022 on June 27, Alibaba.com and AliResearch Institute, Alibaba Group’s research arm, published the report “Challenges, Responses, and Transformation of MSMEs in the Post-Pandemic Era”. The report takes a multi-focal look at how Micro- Small- and Medium-sized Enterprises (MSMEs) fared through the pandemic to provide a better understanding of what action businesses took in order to survive, revealing key findings that include: Continue reading