Managing energy demand in a country like China, where millions of businesses and households rely on a steady supply, is definitely one of China’s greatest challenges. The thorny question is how can the country find a sustainable way to provide reliable sources of energy to such a huge and demanding market? Well, answers are starting to appear on the horizon, or rather, in the sky.
In December 2010, the Arab Spring began with a call for a change, which ended up becoming a reality in Tunisia, Egypt and Libya. The restoration of justice is now a priority focus in all these countries. In the minds of many citizens, justice means the return of funds looted by officials over decades of high-level government corruption. The tenor of recent news reports shows that throughout the region, the public’s patience for the process is wearing thin.
Unemployment, cronyism, bad governance and lack of transparency and accountability were factors that have contributed to the Arab Spring. However, worries over employment stem beyond the Middle East and North Africa (MENA) region and the challenges facing southern Mediterranean countries like Greece, Spain, Portugal and other troubled EU economies. A Gallup poll provides a global perspective on this issue
Recent events across the Middle East and North Africa (MENA) region have underscored the urgent need to ensure job creation and an enabling environment for a young and better-educated, more skilled labor force. The international economic crisis has further deepened the problem in a region that is characterized by the world’s highest youth unemployment rate and the lowest female labor force participation.
Imagine climbing into the cockpit of an airplane the weight of a medium-sized car and the wingspan of an Airbus 340. And then imagine taking off without a drop of fuel on board. Sam Shepard can, unless my eyes deceive me. They do indeed deceive (sadly) but Andre Borschberg is a dead ringer for the star of The Right Stuff, that famous movie about test pilots pushing back the limits of the impossible. Andre is also a test pilot and also pushing hard against those limits flying Solar Impulse, the first experimental solar-powered plane. I was there to watch Andre bring it into Rabat, Morocco on its first intercontinental flight from Switzerland recently.
Regardless of their original circumstances, successful economic and political transitions have a single, unifying characteristic. They may be motivated by crisis, but their successful implementation requires a broad consensus on the need for change, a shared vision of its goals and a common agreement on how to reach them. The need for this critical consensus emerged over the course of a seminar on the role of governance reform in the current transitions in the Middle East and North Africa (MENA) region. Hosted by the World Bank in the Moroccan capital, Rabat, the Transitions and Governance Reforms in MENA seminar brought together a diverse range of government, civil society and media representatives to discuss the region’s challenges with former world leaders and members of the international development community who had undergone similar transitions.
I am very pleased to announce the launch of a new recruitment drive for Arabic speakers, called the SMART (Strategic MNA Arabic Recruitment of Talent) program, which will provide a small cohort of the best and brightest Arabic speakers with a unique opportunity to pursue a career at the Bank. We are very excited to introduce young, dynamic professionals to the MENA region of the World Bank and in this small way contribute to the expansion of the Arab talent in the World Bank’s MENA Region.