I had the privilege recently to spend an unscheduled hour of discussion with a group of young Tunisians who were visiting our offices. As often, on these occasions it is hard not to get captured by the energy and impatience of the young people in this region. It gives hope that entrepreneurial spirit is really alive and well in a country where reliable private sector services remain otherwise hard to come by, let alone public ones. If one combines the energy of youth with the message in a recent (equally energetic) speech by the Minister of Development to a large group of investors, one gets a sense that Tunisia is, indeed, looking ahead and not to the past.
Yet, as always, reality is far more complex, and often we are confronted with a much gloomier picture of a country that is perceived as, economically, turning inward. This is the case even more so now, as Tunisia is coming under immense pressure to get its public finances in order. This has generated some decisions that go right against the message of openness and dynamism that one gets when meeting with young Tunisians. It all begs the question, for a newcomer like myself, which of the parallel universes is the real one, and, as in a movie, which one ultimately will prevail.
Public credit guarantees have become a popular instrument to expand lending to small and medium enterprises (SMEs). More than 30 percent of credit guarantee schemes around the world have some form of state ownership. Public credit guarantee schemes are particularly important in developing countries, where they are the main type of guarantee scheme.
Economic growth does not evenly spread within countries: some regions benefit, while other regions lag behind. This is as true in the European Union (EU) as in most other parts of the world, despite significant convergence efforts in the EU. The leading regions in Europe have, on average, 2.3 times the GDP per capita of their poorest counterparts.
There are 5 things you (probably) didn’t know about the phenomenon of “lagging regions” within the EU.
Note: This is the first blog of a series of blog posts on data availability within the context of TCdata360, wherein each post will focus on a different aspect of data availability.
With open data comes missing data. We know that all indicators are not created equal and some are better covered than others. Ditto for countries in which coverage can range from near universal such as the United States of America to very sparse indeed such as Saint Martin (French part).
TCdata360 is no exception. While our data spans across over 200 countries and 2000+ indicators, our data suffers from some of the same gaps as many other datasets do: uneven coverage and quality. With that basic fact in mind, we have set about exploring what our data gaps tell us — we have 'data-fied' our data gaps so to speak.
In the next few blogs we'll explore our data gaps to identify any patterns we can find within the context of the TCdata360 platform — which countries and regions throw up surprises, which topics are better covered than others, which datasets and indicators grow more 'fashionable' when, and the like. In this first blog, we’ll look at data availability at the country level.
Photo: Jakob Montrasio | Flickr Creative Commons
Getting to commercial close on a Public-Private Partnership (PPP) transaction is a major milestone. But the deal is far from done. Getting from commercial close to financial close involves satisfying a long list of PPP contract Conditions Precedent, the terms, and conditions of lenders, among other requirements. The process is tricky and involves a lot of heavy lifting, particularly in emerging markets where the market for PPPs and supporting institutional structures may not yet be robust. None of this is news.
Yet CPCS has experienced this firsthand as transaction advisors advising governments on PPP deals in developing economies.
India’s leading urban thinkers and practitioners gathered earlier this month, on November 1, 2017, in New Delhi to discuss “Challenges and Opportunities of Urbanization in India,” at a Roundtable Discussion organized by the World Bank Group. The event was chaired by Ede Ijjasz-Vasquez, Senior Director, Global Practice for Urban, Social, Rural and Resilience, World Bank.
“India's urban trajectory will be globally important,” said Vasquez in opening remarks, underscoring the strong link between the country’s economic trajectory and how it urbanizes, particularly over the next two decades. “It’s progress on poverty elimination, efficiency and growth of the economy, health of urban residents, climate emissions will all have a very important bearing, not just for India, but globally.”
Following milestones such as the World Humanitarian Summit, the momentum is strong for humanitarian and development communities to work together in complementary ways—not in sequence—to bridge the humanitarian-development divide. Development institutions are engaging much earlier than in the past, emphasizing the need to focus more on prevention and building resilience where they can play an active role.
Thanks to Information and Communication Technologies (ICT), we now have new ways of bridging the divide and integrating these two efforts. First, ICT platforms can bring development partners together to analyze, design, and track progress in a more unified and efficient way. They also offer an integrated system where multiple communication channels can operate at the same time. As a result, the notion of “continuous” development, whereby development experts pick up the work where humanitarian agencies left off, is progressively giving way to “contiguous” development, which offers humanitarian and development teams a chance to work more closely together.