Fast growth is delaying serious consolidation

Real trade unionism has taken notable baby steps in Russia in 2007

The governing coalition’s Communist partners are irrelevant to the progress of reform

Water sector reform starts trickling down

Regulatory delays will slow, but not stop, the march of biotech into Brazilian agriculture

Change in the works spells opportunities for foreign water utilities and industrials

There are no grounds to expect an extended bull market

Chinese demand will support a doubling of Brazil's market pulp exports over the next decade

Services in the driving seat

IT companies are branching out to smaller cities to protect against employee poaching and rising costs

Detailed scrutiny of President Putin's anointed successor

Phytosanitary barriers threaten to constrain growth

But full expansion will take a long time

Gaining a foothold in global shipbuilding

Further industry deregulation could cause major political headaches

Torrid growth in commodities demand unleashes large-scale investments in the railroads

Private sector involvement in the nuclear industry is growing

Why China's most noxious industries will not significantly cut emissions

Lacking a clear direction in monetary policy, the PBOC is undermining future stability

Lacking a clear direction in monetary policy, the PBOC is undermining future stability