The Mountain View investors are the partners of Y Combinator, an organization that can be likened to a sleep-away camp for start-up companies. Y.C. holds two three-month sessions every year. During that time, campers, or founders, have regular meetings with each of Y.C.'s counselors, or partners, at which they receive technical advice, emotional support and, most critical, lessons on the art of the sale. There is no campus, only a nondescript office building in Mountain View — on Pioneer Way, around the corner from Easy Street. Founders are advised to rent apartments nearby, so that they can run to the office in minutes should an important investor pay a visit.
Authors: Shantayanan Devarajan and Wolfgang Fengler
Sub-Saharan Africa's GDP has grown five percent a year since 2000 and is expected to grow even faster in the future. Although pessimists are quick to point out that this growth has followed increases in commodities prices, the success of recent political reforms and the increased openness of African societies give the region a good chance of sustaining its boom for years to come.
Since the end of the industrial age, Americans have worried about improving their education system. But the country has never been able to make much progress. Other nations do it better, and the United States must learn from their examples if it hopes to catch up.
Asked by Georgia Ossorguine, from Grace Church School
Yingluck Shinawatra was elected prime minister of Thailand in July 2011. She has so far achieved the most important thing in Thailand today, which is preserving a fragile peace between different interest groups and political sides.
The IMF Board of Governors is advised by the Development Committee and the International Monetary and Financial Committee. After the IMF-World Bank Spring meetings, both committees released final communiqués on April 20, 2013.
American policymakers have long been concerned about the eroding U.S. advantage in educating science, technology, engineering, and math (STEM) students. With much of the assembly work for lucrative high-technology products having moved to Asia, future U.S. prosperity depends increasingly on innovating new products and techniques—innovation that requires training (or importing) a new generation of scientists and engineers.
Helen Clark discusses the 2013 Human Development Report, The Rise of the South: Human Progress in a Diverse World. The report identifies more than forty developing countries that have done better than expected in human development in recent decades, with their progress accelerating markedly over the past ten years
In 2012, China imported nearly 60 million tons of soybeans, most of which were genetically modified. In that sense, even if GM foods are found to have any long-term hazards, one probably should not worry too much about only China's GM foods, but about those from all countries, including the United States, the largest producer and consumer of GM foods.
Foreign ministers from the G8 nations declared "rape and other forms of serious sexual violence in armed conflict are war crimes," violate the Geneva Conventions, and are a priority to address. Adopted on April 11, 2013, the declaration outlines how to investigate and prosecute rape and provide services for victims.
UNICEF produced this report card, Child Well-Being in Rich Countries, on April 10, 2013. The report card uses measures such as material well-being, health and safety, education, behaviour and risks, and housing and environment, and analyzes how recent government financial policies affect children.
Isobel Coleman, CFR's senior fellow and director of the Civil Society, Markets, and Democracy initiative, discusses transitions to democracy and market economies, as part of CFR's Academic Conference Call series.
The recent announcement of a BRICS development bank raised many questions. Isobel Coleman writes about the potential structure and purpose of the BRICS development bank and its implications for international development and the global economy.
The Council on Foreign Relations' David Rockefeller Studies Program—CFR's "think tank"—is home to more than seventy full-time, adjunct, and visiting scholars and practitioners (called "fellows"). Their expertise covers the world's major regions as well as the critical issues shaping today's global agenda. Download the printable CFR Experts Guide.