Ping An's ambition is to move beyond insurance and become a financial conglomerate by further developing its banking and asset management units.
The Center is concerned that the preferential treatment offered Poland and Hungary would, if enacted, cause the United States immeasurable grief in its political and financial dealings with other, indebted and destitute developing countries.
Third, more importantly, the industrialized countries should be able to provide necessary financial and technological support for developing countries.
The G-8 and G-20 have made specific commitments to increase financial and technical support to developing countries by 2010 to achieve the Millennium Development Goals.
There needs to be an efficient institutional mechanism with an equitable, accountable governance structure for delivering financial and technological support to developing countries as they pursue mitigation efforts.
The last big issue for the G20 is what to do about the dramatic collapse in financial flows to developing and emerging economies, the largest of which are represented in the group.
Enabling lower cost money transfer and access to new financial services to billions of individuals in developed and developing markets, using mobile technology platforms.
Japan obliged, despite signs that its economy was overheating and a financial bubble was developing.
There is evidence that ownership of the banks and other financial institutions in developing countries matters a lot.
In that time countries -- and companies -- can work on developing the legal, physical, financial and social infrastructures necessary to keep pace with their spectacular growth.
In light of growing concerns about the global economy, the new UNFPA report highlights financial dangers facing people in industrialized and developing nations.
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Focus instead on what you really need to know and start developing the right financial habits.
"Unless the burden of poverty in developing nations is alleviated by significant financial support for mitigation, adaptation, and the reduction of deforestation, the ability of developing countries to pursue sustainable development is likely to diminish, to the economic and environmental detriment of all, " the scientists said.
In the developing world, industrial and financial reform has sometimes been impressive by earlier standards, yet remains sadly inadequate in relation to what is actually required.
The Financial Times reported Monday that pressure from China and other developing countries motivated the panel's creation and that Beijing favors eliminating the ease-of-business rankings entirely.
Over the last decade the city has concentrated on developing its tourism, education, financial and cultural sectors to diversify its economy, which until recently relied almost exclusively on oil production.
It brought mobile network operators and banks together to take advantage of the exponential growth of mobile phones ownership in Africa, ushering in a movement that has revolutionized the way financial services reach unbanked and under-banked people in developing economies.
One underlying problem is a lack of financial incentives to spur pharmaceutical companies to invest in researching and developing new antibiotics.
One serious proposal for a tax on all financial services transactions to aid developing countries faces opposition in Europe and in the United States.
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"As we improve health services, and in particular as we move towards a model of a health care where you can predict and prevent diseases developing, there should be significant financial savings, " Milburn said.
The IMF monitors global financial developments, loans money to developing countries, provides technical assistance and does economic research.
He praised Mr Bush's recent announcement of a major US financial contribution to the battle against Aids in the developing world, and called on the European Union to make a parallel effort.
The G-20 was set up as an ad hoc response to the financial crises of the 1990s to meet the need to expand necessary international financial and economic cooperation beyond the seven largest economies plus Russia to include developing nations, like China, India and Brazil.
Developing economies in Africa and the Middle East, where financial infrastructure is sorely limited, are leading the way in mobile commerce deployments.
Legal Entity Identifers are the first concerted effort to develop a regulatory response to the financial crisis of 2008 by developing a globally accepted unique identifier for firms and subsidiaries.
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The other big institutional change is the ascension of the Financial Stability Board (FSB), a club of central bankers and financial regulators, which has also been broadened to include the big developing countries.
The World Bank argues in a new report that tighter financial conditions, thanks to tougher regulation and higher risk aversion, could reduce developing countries' trend growth by 0.2-0.7 percentage points over the next five to seven years.
There is an argument that private lending is inherently unstable and developing countries should rely more on their own efforts and government financial aid.
What they totally lacked was creativity in developing new financial systems that enhanced the status quo at the time and prevented the catastrophic failure of global monetary system.
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As developing economies like China and India create more regional centers of financial power, a strong EU is "life insurance" for Germany's future, especially as the eurozone represents only about 9% of the world population, Westerwelle continued.
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