NEW YORK — The Third International Conference on Financing for Development recently convened in Ethiopia’s capital, Addis Ababa. The conference came at a time when developing countries and emerging markets have demonstrated their ability to absorb huge amounts of money productively. Indeed, the tasks that these countries are undertaking — investing in infrastructure (roads, electricity, ports and much else), building cities that will one day be home to billions and moving toward a green economy — are truly enormous. At the same time, there is no shortage of money waiting to be put to productive use. Just a few years …read more
Source: The Huffington Post
