This inequality hurts us all. Delaying early marriage in the developing world by just a few years would add more than $500 billion to annual global economic output by 2030.
But this is more than a problem of lost income. For women and girls in poor countries, it cuts life short before it can flourish.
This month, 450,000 children under the age of five will die. This year, 151 million children will have their education and employment opportunities limited due to stunting. If current trends continue, 150 million more girls will be married by 2030.
Clearly, we need to accelerate progress so that no woman or child is left behind.
Many of us move in circles where we take our mobility across borders for granted. The pull of a better education or a higher paying job has taken so many of us far away from home. Beyond our personal experiences, at the World Bank we’ve made the case on the benefits of greater mobility and we’re walking the talk. Using economist’s jargon of “improving resource allocation,” “matching supply and demand,” or “responding to economic and demographic forces,” we want to demonstrate that mobility can be a potent instrument to unlock prosperity, alleviate unemployment, and boost investment in building the human capital.
As one of the key foundations for manufacturing, trade and growth, logistics is a strategic component of every economy. The sector can also contribute significantly to job creation. For example, in the UK, logistics is a $120billion industry that employs about 8% of the workforce. In India, it is a $160billion industry accounting for 22 million jobs, with employment growing 8% annually.
In 2016 and 2018, the World Bank’s Logistics Performance Index found that many developing countries face a significant skills gap in the logistics sector, especially at the managerial level. Similarly, several studies conducted in emerging economies such as China, India, and South Africa report shortages of supply chain talent.
In that context, emerging economies must tackle two critical challenges in order to develop a competitive logistics sector:
- How can governments plug the skills gap in logistics?
- How can the sector cope with the rapid changes brought about by technology, such as warehouse automation “freight uberization” or online platforms matching demand and supply, and their impact on the labor market?
- capacity building
- skills building
- digital jobs
- Human Capital
- labor market
- Future of Work
- supply chains
- trade facilitation
- sustainable mobility
- sustainable transport
- Sustainable Communities
- Public Sector and Governance
- Private Sector Development
- Labor and Social Protection
- Global Economy
- Information and Communication Technologies
- South Africa
- United Kingdom
In this future world, there will be greater resilience built into infrastructure – including our roads, our cities, and towns. Imagine a world where all communities have access to affordable, reliable, and sustainable energy, waste management services, transport systems and sustainable forests and agricultural practices. Our societies will have smart and scalable solutions built into every sector of our economies.
Photo: Pixabay Creative Commons
Solar power is experiencing a surge in popularity across the globe. It prevents carbon emissions, helps diversify the power generation mix, reduces dependence on fossil fuels, and can increase off-grid energy access.
With falling costs of solar photovoltaic (PV) technology, advancing storage technology, and grid integration, prices for solar PV electricity have been falling rapidly around the world and solar is now in many countries price competitive with traditional energy sources and has become particularly attractive for developing countries.
Machine learning methods are increasingly applied in the development policy arena. Among many recent policy applications, machine learning has been used to predict poverty, soil properties, and conflicts.
In a recent Policy Research Working Paper by Paolo Brunori, Paul Hufe and Daniel Mahler (BHM hereafter), machine learning methods are utilized to measure a popular understanding of distributional injustice – the amount of unequal opportunities individuals face. Equality of opportunity is an influential political ideal since it combines two powerful principles: individual responsibility and equality. In a world with equal opportunities, all individuals have the same chances to attain social positions and valuable outcomes. They are free to choose how to behave and they are held responsible for the consequences of their choices.
Two years ago, 23-year-old Pedro Flores became a technician specializing in renewable energy—all thanks to a degree from a technical institute in Maule, located in one of Chile’s poorest regions. After completing his degree in just two years, Flores became the only person in his family to obtain an advanced degree. Today, he lives in Santiago and works for a private solar energy multinational corporation, where he earns a competitive salary that is only slightly below the average for entry-level professionals in his field, most of whom spent over five years in university.
Around 250 million migrants currently live outside their countries of birth, making up approximately 3.5 percent of the world population. Despite the widespread perception of a global migration crisis, this ratio has stayed remarkably stable since the end of the Second World War and lags well behind other major metrics of globalization – international trade, capital flows, tourism etc. A more remarkable statistic is that refugees, at around 15 million, account for 6 percent of the migrant population and only 0.2 percent of world population. In other words, we can fit all refugees in the world in a city with an area of 5000 square kilometers – roughly the size of metropolitan Istanbul or London or Paris – and still have some space left over.
All schools are different. I’m not referring to the building, the number of students or teaching practices. I’m talking about the school’s spirit. When you walk into a good school, the building is often well-organized and clean. The students look busy and happy. You don’t see strict discipline; ideally, you see organized chaos.
When you see a well-functioning school, most likely, there is a good principal behind it. A leader who sets a vision for the school and sets clear objectives. Someone who creates the space that fosters teachers’ professional and personal development, and encourages students’ personal growth, creativity, and their own journey of discovery.
Running a school efficiently is a very difficult challenge. A principal must be a pedagogical leader to dozens of teachers: observing them in the classroom, evaluating institutional performance, and helping them get the professional development opportunities they need. Principals have to deal with hundreds of students and their personal and academic challenges. They need to respond to parents, each with their own expectations for the school. And principals also need to contend with the administrative and financial burdens imposed by the bureaucracy.