The latest surge in eurozone fiscal tensions took place this week with the protests in Athens and Madrid bringing home the difficulties faced by the region's elected representatives as they struggle to reduce fiscal deficits. For the young generation of Europeans, this crisis will mark them for life, just as the Latin American debt crisis of 1982 marked my generation. That is why when I watch the images of these violent protests on TV, I become overwhelmed by a sense of déjà vu.
Increased cross-learning and cooperation among developing countries has been a remarkable feature of the global economy in recent decades. It's been some time now since knowledge and technology flowed only from advanced economies ("North") to developing ones ("South").
Introduction by Kalpana Kochhar, chief economist of the South Asia Region
This summer, I wrote about keeping India’s promise alive and realizing its great potential. As I said then, energy reforms are crucial if the country is to boost growth. In the wake of the world’s largest blackout, which left 600 million people in India without power, two World Bank colleagues have written an op-ed about examples India can turn to, at home and abroad, as it seeks to tackle seemingly insurmountable power issues. Ashish Khanna is a senior energy specialist in the Bank’s New Delhi office, and Jyoti Shukla is energy sector manager for the South Asia region. Here are excerpts from their article, which appeared in the Hindustan Times:
Do longer classroom hours equal good grades? Spending more time in school is a subject currently being discussed as one solution to improving students' academic performance with the ultimate goal of making countries more competitive in the global economy.
This is true for emerging and advanced economies alike.
For workers trying to get better jobs, skill certification systems offer a way to upgrade their skills to meet what the labor market is demanding and then get those skills recognized formally. That is why from 1999-2009, Chile undertook a series of pilot projects to develop a national certification system. We recently spoke with Hernán Araneda, head of the Center for Innovation in Human Capital in Fundación Chile, about pilot projects to develop a national certification system that he designed, oversaw, and scaled up.
There is no arguing that high food prices are taking a heavy toll on Latin America’s families, business and governments, fueling ripple effects on people’s budgets and the economy as a whole.
But behind the cold hard numbers of price increases, shrinking budgets and inflationary fears, the simple truth is high food prices can kill –or severely impair- people, especially kids from underprivileged environments.
Over the past two decades the region has significantly raised the level of the conversation and awareness around the issue, developing national HIV/AIDS strategies, integrating responses to the epidemic into health systems and ensuring almost universal awareness of HIV risk factors.
But we’re still not talking enough about sex.
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For many of us, the word 'agriculture' evokes bucolic images of lush fields of grain and pastures populated by peacefully grazing cows. In this light, the notion of "greening agriculture'' seems almost oxymoronic; could anything be greener than this?
Well, maybe not in terms of color, but in terms of environmental impact, agriculture has a sizable footprint. In many countries, including large areas of the high-income countries, those lush fields of grain used to be forests. And the fertilizer that keeps those fields so green is mostly nitrogen based, generating nitrous oxide, which – kilo per kilo – has an impact on global warming several hundred times that of carbon dioxide. And those cows – how to put this delicately? – have greenhouse gases coming out of both ends! (Methane emitted by livestock is over 20 times as potent a greenhouse gas as carbon dioxide.) And (surprise!) crops and livestock need water –lots of it. Agriculture accounts for around 70 percent of water use worldwide.
Cities are often violent places – a social, ethnic and religious tinderbox of people piled up together with competing needs for space, housing or cash. Mostly the tension is contained, but not always - when and why does it spill over into bloody mayhem? That’s the question at the heart of a fascinating research project run by Caroline Moser, one of my development heroes, and Dennis Rodgers. The research team fed back on its findings in Geneva last week. They have a draft overview paper here and welcome any comments by the end of June (as comments on this post, or if you want to get really stuck in, emailed to urbantippingpoint@Manchester.ac.uk). Here’s a summary of the discussion in Geneva.
The Urban Tipping Point scanned the literature and identified four ‘conventional wisdoms’ on the causes, not always based on much evidence: they are poverty; ‘youth bulges’ (demographic, rather than waistlines); political exclusion and gender-based insecurity. It decided to test these with empirical research in four very dissimilar cities - Nairobi (Kenya), Dili (Timor-Leste), Santiago (Chile) and Patna (India).
In the past year we have seen students in countries around the world protesting about the cost of higher education and lack of financial aid: Chilean students have been protesting for 7 months to change the overall educational financing system; Californians have occupied the UC Berkeley campus to protest fee hikes, and thousands of English students last year have taken part in protests against increases in tuition fees. Why is this happening all over the world?