By Magdalena Andersson, Minister for Finance, Sweden
and Isabella Lövin, Minister for International Development Cooperation, Sweden
Sweden is proud to join forces with Sustainable Energy for All (SE4All), convening in New York this week. Energy is one of the most decisive issues of our age. Without secure access to energy, we won’t achieve real and lasting poverty reduction. Without the expansion of clean energy, we won’t be able to stop climate change.
With business as usual and no significant carbon emission cuts, we have only 15 years left before we have emitted enough CO2 to make this planet more than 2 degrees warmer. Then we will see a dramatic increase in droughts, floods, storms and species extinction – and we will have changed the conditions for every generation to come. And we know that it is the poorest who will be hit the hardest by the effects of climate change.
This is not a political statement but a scientific one. Fifteen years left.
So we must start changing our energy systems, going from fossil to renewable, now.
Lebanon and Jordan are providing a global public good to the international community by hosting an incredibly high number of Syrian refugees who have fled the conflict in their embattled country. More than two million are currently residing in Syria’s two resource-poor neighbors, which have been impressively generous in welcoming them in a seamless manner, unmatched in modern history.
- Vera te Velde has a post summarizing nine new broken-windows theory experiments with really large effects (via Marginal revolution) and also interesting thoughts on using the Big-5 personality traits.
- development impact links
During the Spring Meetings, the Governance Global Practice, the Independent Evaluation Group, and the International Initiative for Impact Evaluation (3ie) co-hosted a lively panel discussion with a provocative title: Why focus on results when no one uses them?
Albert Byamugisha, Commissioner for Monitoring and Evaluation from the Uganda Office of the Prime Minister, kicked off the session with a rebuttal to this question by sharing examples of the Ugandan government’s commitment to using and learning from both positive and negative results. Although this sounds like common sense, it is not always common practice.
There appear to be several discrete, but related, reasons why the U.S. has been slow to pursue PPPs in comparison with European and Asian countries:
- In some cases, there is a lack of consensus, institutional capacity, and expertise to properly promote the benefits and costs of PPP deals. In Pittsburgh, for example, an arrangement to lease the city’s parking operations to a private entity collapsed when the city council voted against the transaction.
- Deals are getting more complex, politically heated, and cumbersome as some stretch across jurisdictions and even international borders, as is the case with the New International Trade Crossing intended to connect Detroit to Windsor, Ontario.
- With state and municipal finances under strain, the public sector is trying to transfer greater responsibility to the private sector, including in the arena of project financing.
An early contribution in the 1950s by Nobel Prize-winning economist Simon Kuznets, for instance, noted that at least two forces tended to increase inequality over time. One was the concentration of savings in the upper-income groups; he observed that in the United States the wealthiest 5 percent of the population accounted for close to two-thirds of total savings.
Digital entrepreneurs have the potential to connect to global markets like never before. Whether selling physical goods on internet platforms, or providing digital goods and services that can be downloaded and streamed, an entirely new ecosystem of innovative micro and small businesses has emerged in the developing world.
The World Bank Group hosted some of the pioneers in this space for a full-day conference on Harnessing Digital Trade for Competitiveness and Development on May 19. Here, we heard entrepreneurial success stories—an online platform for jewelry in Kenya, a provider of software solutions in Nepal, an online platform for livestock trade in Serbia—and dove into the constraints and challenges of running a digital business in an emerging economy.
The scope of these challenges made these success stories, and the broader potential they represent, even more inspiring. From internet connectivity to logistics, from financial payments to trade regulations, from bankruptcy laws to entrepreneurial and consumer digital literacy-- clearly, more needs to be done to fully harness the potential of digital trade for competitiveness and development and to foster an enabling environment to digital trade.
When looking at recent data, it is hard to escape the conclusion that although India has enjoyed high economic growth this has largely been jobless economic growth. It is imperative for there to be a big push in the areas of education and employment in India. This is the most significant policy challenge facing the Indian economy.
James Deane, Director of Policy and Learning at BBC Media Action, reflects on Brian Levy's recent book, Working With the Grain, and the interaction of governance and media development goals.
I was prompted to write this post by Brian Levy, the rightly respected governance guru of the World Bank, now Senior Adjunct Professor at Johns Hopkins University. Brian is the author of Working With the Grain: integrating governance and growth in development strategies, one of the most influential books on governance right now. We met at the OECD DAC Governance Network last week, which is where donors get together to share their insights into how to better support improved governance in their development strategies. I was asked to respond to a presentation Brian made on his book.
Against the Grain
My initial reaction when I first heard of Against the Grain was, I confess, a kind of resigned frustration. I thought, “Here we go again. Another academic apologia telling us how it didn’t really matter how horrible, authoritarian or power-hungry a government was. As long as they ‘got the job done’ (in terms of reducing poverty), it was fine by the donors who supported them.”
That reaction was partly prompted by the title of Brian’s book. By coincidence, I have on my shelves at home the memoir of a hero to many in the media world, Geoffrey Nyarota, the renowned editor of Zimbabwe’s Daily News, among other newspapers. The blurb for that memoir says this: “The newspapers [Nyarota] edited were often the lone voice of dissent against a government that had betrayed its people. They chronicled the decline of the country under the Mugabe regime, and how the freedom achieved in the war of liberation was replaced by wholesale government corruption and oppression”.
Nyarota entitled his book, Against the Grain: Memoirs of a Zimbabwean newsman.