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Prospects Daily: Crude oil prices fall from 9-week high

Important developments today:

1. Crude oil prices fall from 9-week high

2. German producer price inflation falls to lowest in two years

Land Law Advocacy for Farmers in China

XiaoHui Wu's picture

Photo Credit: Landesa.orgEven though Chinese law offers farmers protection from land grabs, readjustments, and other confiscations, news reports paint a different picture of embattled farmers defending their land from local officials working in concert with developers. In fact, every year 3-4 million farmers lose their property to land readjustments and other forms of compulsory forfeiture in China.

Many of these farmers do not know their legal rights. According to independent surveys, fewer than 30% of farmers have heard of China’s Property Law, the most important law governing properties, and land rights. As a result fewer than 10% of Chinese farmers ever appeal to administrative and judicial institutions when their land rights are violated.

Prospects Weekly: Renewed Euro Area tensions cut into capital flows to developing countries in May and June

Renewed Euro Area tensions cut into capital flows to developing countries in May and June, and prompted a sharp downturn in business sentiment worldwide. Together these developments point to slower growth in 2012Q2 and Q3, unless recent improvements in financial markets and policy steps cause business sentiment to strengthen.

Prospects Daily: Global equities move higher amid the latest EU agreement

Important developments today:

1. Global equities move higher amid the latest EU agreement

2. May industrial production output mixed among major European economies.

It's All Connected: Landscape Approaches to Sustainable Development

Rachel Kyte's picture

Read this post in Español

China's Loess Plateau, before and after restoration through a landscape approach. Photos: Till Niermann, Wikimedia Commons (CC BY-SA 3.0), Erick Fernandes/World Bank.
China's Loess Plateau, before and after restoration through a landscape approach.
Photos: Till Niermann, Wikimedia Commons (CC), Erick Fernandes/World Bank.

Yesterday, I joked that I didn't want to come to another Agriculture and Rural Development Day. I wasn’t trying to be flip, and I was only half-joking, but not for the reasons you might think.

I said that we need to be coming to “Landscape Days” – where we have the foresters in the room with the farmer and with the fishers and with the producers and with everybody in the research community.

The bottom line is that we can't achieve food security, or nutrition security, without preserving the ecosystem services that forests provide. We can't sustain forests without thinking of how we will feed a growing population. And we can't grow food without water.

Prospects Weekly: Market confidence has been rattled once again

Market confidence has been rattled once again following recent election results in France and Greece. However, credit default swaps rates, while up, remain well below their fall 2011 highs. Through March, retails sales have continued strengthening among both developing and high-income economies, although weakness still persists in the Euro Area.

Four years on: What China got right when rebuilding after the Sichuan earthquake

Vivian Argueta Bernal's picture
The devastation from the Sichuan earthquake was immense; the recovery, impressive.

Four years ago on May 12, 2008, the world was stunned by the news of an 8-magnitude massive earthquake that struck Wenchuan of Sichuan Province and affected, in total, ten provinces in Southwestern Ch

Blogging Social Inclusion: Why Now?

Maitreyi Bordia Das's picture

Part of a series on social inclusion

China is talking of a harmonious society, Brazil of social integration, India of social inclusion, and so on. The United Nations just released its first World Happiness Report, and more and more countries are asking their people how they feel! The social aspects of growth are causing more anxiety in the last few years than arguably ever before, as the Economist said, reporting on a 2010 Asian Development Bank meeting in Tashkent.

Social inclusion is a pillar of the Bank’s social development strategy, and we have just embarked on a new policy research program through an upcoming flagship report. In the process, we hope to position social inclusion as a central feature of the World Bank’s work on equity and poverty.

Prospects Daily: Japanese Yen strengthens as the country’s current account turns to surplus again

Important developments today:

1. Japanese Yen strengthens as the country’s current account turns to surplus again

2. Japan’s current account returns to surplus in February


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