On December 3, trade ministers from members of the World Trade Organization (WTO) will begin three days of meetings in Bali, Indonesia. Trade Facilitation, estimated to add $1 trillion to global income, features prominently in the negotiation agenda. However, official estimates depend on too many unjustifiable assumptions. Inaccuracy accumulates in several stages of the estimation process: in estimating the gains from trade facilitation for a sample of countries, in scaling up the gains to the global level and in estimating employment gains. This brief describes the estimation procedure and shows that the resulting figures are too uncertain to underpin any policy decisions.
Design for Change equips children with the tools to be aware of the
world around them, believe that they play a role in shaping that world,
and take action toward a more desirable, sustainable future.
A new institution that aspires to be the largest and most ambitious private research university in continental Europe is being established in the German city of Bremen.
The company, which owns the University of Phoenix, and the Carlyle Group plan to invest up to $1-billion in education institutions and services abroad.
Spring in the Arctic now arrives about two weeks earlier than a decade ago because the snow is melting earlier, say researchers. On average, these signs of spring were happening 14.5 days earlier in 2005 than in 1996 (30 days for the wolf spider & some sp