The World Bank Group (WBG) has established that its mission, endorsed by the governors of its client countries, is centered around the goals of sustainably ending extreme poverty and promoting shared prosperity. Extreme poverty is monitored by the percent of people living below the $1.25-a-day threshold. The Bank’s mission thus gives a clear message: Extreme poverty, hunger, destitution must come to an end.
To monitor progress in shared prosperity, the WBG will track the income growth of the bottom 40 percent of the population in each country. The clear signal the WBG wants to give is that the institutional mission is about reducing poverty, fostering growth and increasing equity, so we need to monitor what happens to welfare of the less well off in every country. Improving averages is not enough; a laser focus on those who are at the bottom of the distribution at all times, everywhere, is needed.
"But the iPhone 5C, which is only marginally better than its predecessors, is designed to make people feel good about buying what is essentially an old phone, repackaged in colorful plastic. The psychology of the new, in other words. Because for better or worse, Apple isn’t just about ownership — it’s about shownership, and inspiring desire and jealousy in those around you that you’ve got the latest device."
- Jenna Wortham , Technology Reporter for The New York Times
Women like Mussarat are at the forefront of our efforts to secure development by tackling climate change. On the one hand, they are disproportionately vulnerable to the impacts of extreme events. But it is also women who can make a difference to change entrenched behaviors. It is their decisions as entrepreneurs, investors, consumers, farmers, and heads of households that can put our planet on a greener, more inclusive development trajectory.
If you are up for a challenge, hop on a bus or flag a taxi in one of Morocco’s larger cities. If one thing is certain, relying on urban public transport in Morocco is a frustrating, time-consuming and sometimes risky experience. These were the conclusions drawn by civil society organizations in a recent World Bank-sponsored consultation held in the capital, Rabat.
The story of mother-to-be Lalita, who we see receiving quality prenatal care in the video above, is an increasingly common one in Nepal. Because the country has significantly improved access to maternal, newborn and child health services, young women like Lalita no longer have to worry about unsafe deliveries as their mothers did. That’s something Nepalis are proud of.