Celebrating his 60th birthday recently, my father chatted with me about his career and getting his first job. He graduated as an engineer in the 1970s in Austria and faced very different employment opportunities to those I faced some decades later. There were five construction firms, all just around the corner from his home, to which he could apply for a job at that time.
When I finished graduate school in 2016, I applied for work with organizations in five different countries around the world. Suffice to say, the labor market in which my generation is competing is vastly different and far more globalized than the one my dad faced.
What exactly is procurement, you may ask? If you google the word, you’ll likely find several different definitions.
Essentially, procurement is about buying things. That sounds quite simple, of course, but it becomes much more complicated at the level of government buying, especially when complex risks and variables must also be considered. So, is there a way to simplify government procurement?
The social, political, and economic transition of countries across Eastern Europe, the Caucasus, and Central Asia over the last three decades has been a long and arduous process, and many challenges remain. Among them, an imminent concern is the seismic threat faced by certain housing typologies that are believed to have outlived their design lifespan, and suffer from serious deterioration and disinvestment.
This year, the annual Doing Business Report – by far the most anticipated and cited World Bank publication – celebrates its 15th year. Starting in 2003, the fledgling report, which covers about 130 countries, has grown into its teens garnering admiration and criticism in equal measure. Some absolutely love it, while others argue that its flaws outweigh its strong points.
Regardless, nobody can deny that the Doing Business report has been a major catalyst for reforms across the world – 3,200 reforms of business regulation have been counted to date, spurred by the Report and carried out in line with the methodology of its indicators.
We know that fiscal policy can be harnessed to reduce inequality in low- and middle-income countries, but until now, we knew less about its ability to reduce poverty. Our recent volume looks at the revenue and spending of governments across eight low and middle income countries (Armenia, Ethiopia, Georgia, Indonesia, Jordan, Russia, South Africa and Sri Lanka), and it reveals that fiscal systems, while nearly always reducing inequality, can often worsen poverty.
Recently, the OECD released the results for PISA 2015, an international assessment that measures the skills of 15-year-old students in applying their knowledge of science, reading, and mathematics to real-life problems. There is a sense of urgency to ensure that students have solid skills amidst modest economic growth and long-term demographic decline in Europe and Central Asia (ECA).
A huge wave of celebration engulfed Georgia recently because, on March 28th, 2017, Georgians gained visa-free travel to most EU countries. This is a significant achievement for the country, 26 years after independence was restored.
Visa-free travel is one of the most tangible benefits for every citizen of Georgia, obtained from the Association Agreement signed with the European Union in June 2014. This agreement will contribute to Georgia’s gradual economic integration into the EU Internal Market, notably through establishing a Deep and Comprehensive Free Trade Area.
Today, we celebrate the International Day for Monuments and Sites. This year, the day focuses on Cultural Heritage and Sustainable Tourism, which underlines the important linkage between culture and cities: Culture, identity, and a people-centered approach are central to building the urban future we want and ensuring sustainable urban development.
The recently-launched UNESCO Global Report on Culture for Sustainable Urban Development titled Culture: Urban Future has brought to the forefront of the global discussion the critical role that culture should play in achieving sustainable urbanization, especially over the coming years when one billion people are expected to move to cities by 2030. Culture does not necessarily come in the list of Top 10 issues for sustainable urban development, but it is.
Culture is an essential component of the safe, inclusive, resilient and sustainable urban settlements everybody wants to live in. Culture should be at the core of new approaches for people-centered cities, quality urban environments and integrated policy-making.
Specifically, culture contributes to urban development in four aspects. All of them linked to poverty eradication and shared prosperity in a sustainable manner:
What an experience! It started bright and early on a Thursday morning as we boarded the car in the basement of the Word Bank office in Tbilisi and set off for a two-day visit to the Imereti region in the west of Georgia.
After seventeen months in the South Caucasus, I have learnt a lot from colleagues in the countries of Armenia, Azerbaijan and Georgia about this day, March 8th. It is considered one of the most grandiose days of the calendar – when women and girls of all ages are acknowledged and showered with flowers and gifts of various kinds. Gifts range from a handmade card or a trinket to a bunch of violets or mimosa flowers. Older women might receive a bottle of French perfume, cosmetics, cutlery, crockery or other household items.
On March 8th, it is a common occurrence to see street vendors selling flowers in abundance, and shops are mainly full of male customers. The most important gift is that, on this day, men are also supposed to do all the house chores, so that on this day at least, women can forget about dishes, cooking and childcare, and enjoy some well-deserved time off! In a nutshell, it is a day of paying tribute to women everywhere – in homes, classrooms, and workplaces.