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May 2016

Making procurement smarter: Lessons from the Amazon

Laura De Castro Zoratto's picture
 In the Amazon region of Brazil, near Manaus. Brazil. Photo: © Julio Pantoja / World Bank

When the word “Amazonas” is mentioned, what do you think of? Mythical rainforests and winding rivers?  The “lungs of the world”? A center of procurement excellence in the Brazilian federation?

Measuring women’s work—more vexing than you might think

Naila Kabeer's picture

Philanthropists Bill and Melinda Gates cited “time poverty” as a top priority in their 2016 Annual Letter, referring to the unpaid work that disproportionately falls on women and shining a spotlight on one of the most vexing challenges economists and statisticians face: how to accurately measure women’s work.

New choruses demanding a data revolution to gauge progress toward the Sustainable Development Goals better than their predecessors, the Millennium Development Goals, are welcome—and indeed some challenges on the data front are new. Others, however, are very, very old. Accurate measurement of women’s work and contribution to productivity remains one of the latter.

Policymakers operate with a truncated view of the economy—with little idea of how growth impacts, or is affected by, women’s work. For the most part they fail to incorporate this work into their labour market policies.

Why education matters for economic development

Harry A. Patrinos's picture
Young girl stands to read. Photo: © Steve Harris / World Bank


At the Global Conference on Equity and Excellence in Basic Education, in Shanghai, China, May 17-19, 2016, the World Bank will be discussing Shanghai’s eminence in ranking highly in international achievement tests. The conference will also cover how good policy can help improve education quality in other countries. See slideshow, press release, key findings . 


“Give a man a fish and he will eat for a day. Teach a man to fish and he will eat for a lifetime.”- Laozi (老子), ancient Chinese philosopher and writer, known as the reputed author of the Tao Te Ching. He is the founder of philosophical Taoism and is worshipped as a deity in Taoism and traditional Chinese religions.


There are more children in school today than ever before.  For example, in 1950 the average level of schooling in Africa was less than two years. It is more than five years today.  In East Asia and the Pacific, the schooling of the population went from two to seven years between 1950 and 2010. This is a more than a 200 percent increase! Globally, average years of schooling are now projected to rise to 10 years by 2050.  This is larger than a five-fold increase within a century and a half.

Why dialogue between government and the private sector is essential to fight climate change

Cecile Fruman's picture



The historic agreement reached in Paris at the 21st Conference of the Parties (COP21) last December sets out an ambitious plan for signatory countries to achieve specific targets for reduced greenhouse-gas (GHG) emissions. The Paris Agreement includes significant financial commitments and the establishment of structures and mechanisms by which countries will design and implement viable policies to meet agreed-upon goals.

COP21’s major message is one of collaboration: The Paris Agreement unites 177 nations in a single agreement to tackle climate change. Governments set the goal at COP21, but they will need action by the private sector to meet it. One cannot operate without the other.

Industries, which are responsible for 21 percent of direct GHGs worldwide, long resisted the idea of going green, fearing high costs. However, dramatic recent decreases in the cost of climate-friendly technologies, as well as the introduction of carbon pricing, has changed industry perspectives.

More and more businesses are now embracing climate-smart investments, and the driver of such change is, not least, self-interest. A recent study looked at a sample of 1,700 leading international firms and found that money put into reducing GHG emissions saw an internal rate of return of 27 percent – a clear indication that those investments are paying off.

The Science Based Targets initiative is one illustration of industry’s commitment to playing its part in decarbonizing the global economy. The initiative is a partnership between Driving Sustainable Economies, the UN Global Compact, the World Resources Institute and the World Wildlife Fund, helping companies determine how much they must cut emissions to prevent the worst impacts of climate change. So far, 155 companies have signed up for the initiative: Thirteen of them have successfully developed science-based targets which, by themselves, are projected to reduce emissions by 874 million tons of carbon dioxide – the equivalent of the yearly emissions of 250 coal-fired power plants.

Pathways to Prosperity: An e-Symposium

Onno Ruhl's picture

 

Blog #1: Five key drivers of reducing poverty in India

India is uniquely placed to drive global poverty reduction. The country is home to the largest number of poor people in the world, as well as the largest number of people who have recently escaped poverty. Despite an emerging middle class, many of India’s people are still vulnerable to falling back into poverty.

Over the next few weeks, this series will look back and analyze publicly available data to better understand what has driven poverty reduction from the mid-1990s until 2012, and the potential pathways that can lead to a more prosperous India. Since it is clearly not feasible to elaborate on all the myriad pathways out of poverty available to India, we focus on a few key themes that the diagnostics show to be of particular relevance to the country. We hope this series will contribute to the ongoing discussions on how poverty can be eliminated from India.

We are thankful to the Indian Express for partnering with us in disseminating this series to its readers.

Can transit-oriented development change travel behavior in cities?

Wanli Fang's picture
Photo: Marius Godoi/Shutterstock
It is pretty easy to understand how and why land use patterns around public transit stations can influence the way we move around the city.

As more and more people live and work in a neighborhood with a limited land area, it becomes increasingly challenging to drive around without encountering congestion or to find a parking space easily. In this situation, public transit and non-motorized transport (NMT) become attractive alternatives for people who otherwise are reluctant to give up the comfort and flexibility of driving.

Conversely, as street blocks get bigger, people may find it takes too long to access public transit stations, which discourages the use of public transport facilities.

As straightforward as the logic may sound, the nature and magnitude of such influence are yet to be evaluated with solid empirical evidence. To take a closer look at the linkages between land use and travel behavior, I decided to study the case of Boston in the United States. I chose Boston because it boasts an effective public transit system, and was one of the first American cities to embrace transit-oriented development (TOD), an urban planning approach that promotes compact and mixed use development around public transit facilities.

Unlocking investment opportunities in fragile markets

Joaquim Levy's picture

Expansion of the Azito Thermal Power Plant in Côte d'Ivoire will improve access to electricity and help sustain the country's economic growth. © Cedric Favero/International Finance Corporation

An estimated 1.2 billion people — almost one in every five people in the world — are living in areas affected by conflict and fragility today. Some of these people are fleeing from war, while others have escaped natural disasters. Most are trying to earn a living in very challenging environments.

These are not abstract numbers — we are talking about real people, with real problems. Hence, we need to ask ourselves, in the public and private sectors, what strategies can help them.

The income of the world’s poor is going up, but they’re $1 trillion poorer. What’s going on?

Duncan Green's picture

Oxfam number cruncher Deborah Hardoon tries to get her head round something weird – according to the stats, the poorest half of the world is getting poorer even though the incomes of these people are rising.

It has become something of a tradition that in January every year we take a look at the Forbes list of billionaires and the Credit Suisse Global Wealth databook and calculate how many billionaires it takes to have the same amount of wealth as the bottom 50% of the planet. Since we started doing these calculations, we have watched the wealth of the top grow at the same time as the wealth of the bottom 50% has fallen. The data tells us that the bottom 50% have approximately $1 trillion (that’s $1,000 billion) less wealth than they did 5 years ago, whilst the richest 62 have about $0.5 trillion more.

The extremely wealthy are able to accumulate more wealth in a day than a whole factory full of workers could earn in a year. On 21stApril, in a 24 hour period, Carlos Slim made more than $400 million. Thomas Piketty famously points out that the rate of return on capital is higher than the general growth rate, such that capital owners are at a distinct economic advantage.

Meanwhile those 3.6 billion people in the bottom 50% include people in debt, people with nothing and people with a net wealth of up to about $5,000. People with little, no, or negative wealth, especially in developing countries with poor social insurance mechanisms (four out of five people in the bottom 50% live in Africa or Asia – including China and India), will not only find it hard to respond to financial shocks – like a poor harvest or a medical bill, but will also find it much harder to invest in their families’ future. Having little wealth may be concerning, but having less and less wealth year to year is even more worrying.

Chart: Over 200 Species of Plants Are Threatened in These Countries

Tariq Khokhar's picture

Biodiversity is essential for well-functioning ecosystems. In each of these 20 countries, over 200 species of plants are threatened, according to data from the International Union for Conservation of Nature available in World Development Indicators.

What's also interesting is that: There are almost as many threatened species of plants as fish, birds and mammals combined


Finally, you can have a look at the numbers of threatened species of plants, birds, fish and mammals in the table below. Equador (with the Galapagos Islands) is a huge outlier so makes the bar scale a little awkward below - if you right click on Equador and "exclude" it you'll be able to see the bars on more useful scale.
 

Quote of the week: Sadiq Khan

Sina Odugbemi's picture

"I am a Londoner, I am European, I am British, I am English, I am of Islamic faith, of Asian origin, of Pakistani heritage, a dad, a husband.”

- Sadiq Khan, a British Labour Party politician who was elected Mayor of London in the 2016 mayoral election, succeeding Conservative Party Mayor Boris Johnson.  Khan's election made him the first Muslim to head a major Western capital. He won with the largest personal mandate of any politician in the history of British politics and the third largest personal mandate in Europe.


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