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Notes From the Field: A Pot of Money to Help Countries Trade

Julia Oliver's picture

About "Notes From the Field": With this occasional feature, we let World Bank professionals who are conducting interesting trade-related projects around the globe explain some of the challenges and triumphs of their day-to-day work. The views expressed here are personal and should not be attributed to the World Bank. All interviews have been edited for clarity.

Ian Gillson. Source - World Bank.The interview below was conducted with Ian Gillson, a Senior Trade Economist in the World Bank’s Poverty Reduction and Economic Management (PREM) network. Before coming to the World Bank’s headquarters in Washington, D.C., Mr. Gillson worked in Malawi and the United Kingdom on issues surrounding preferential trade between developed and developing countries, trade-related taxation systems, trade in services and agricultural trade. He spoke with us about his work managing a World Bank trust fund that supports trade-related assistance to poor countries around the globe.

Investing in Girls and Women = A More Prosperous World: Equal Futures Partnership

Donna Barne's picture

Available in Français, 中文

Gender equality is smart economics. That’s an observation that has gained wide acceptance, if not equally wide application. But for 23 countries in the Equal Futures Partnership, breaking down barriers to women’s economic and political empowerment has become a commitment.

Equal Futures Partnership Roundtable

Protecting the vulnerable during crisis and disaster: Part II Ethiopia’s Productive Safety Net Program

Matt Hobson's picture

The following post is a part of a series that discusses 'managing risk for development,' the theme of the World Bank’s upcoming World Development Report 2014.

Despite more than 19 episodes of severe food shortage in Ethiopia since 1895, it was the dramatic images of famines in 1972 and 1984 which came to the world’s attention and (wrongly) made Ethiopia synonymous with drought and famine. Despite consistent food shortages in Ethiopia for decades, it only became clear in the run-up to the 2002/3 drought that, while the humanitarian system appeared to be saving lives, it was proving to be ineffective in saving livelihoods and managing risks effectively. In essence, rural Ethiopians had faced chronic food insecurity for decades, but were receiving ‘treatment’ for transitory food insecurity. In part as a result of this misdiagnosis, rural Ethiopians were becoming increasingly less resilient to drought and were unable to manage risks effectively. This realization prompted the birth of the Productive Safety Net Programme (PSNP).

Quinoa: The Little Cereal That Could

Jose Daniel Reyes's picture

In February, the United Nations named 2013 the Year of Quinoa and made the president of Bolivia and the first lady of Peru special ambassadors to the UN’s Food and Agriculture Organization (FAO). The World Bank joined in with a kick-off event and celebration of Bank-funded work that is helping Bolivian quinoa farmers bring their product to market. The focus on this nutritious “super-food,” which is grown mainly in the Andean highlands, is an effort to decrease hunger and malnutrition around the world.

Quinoa (pronounced KEEN-wa) has long had good-for-you credentials. In 1993, a NASA technical report named it a great food to take into space. (“While no single food can supply all the essential life sustaining nutrients, quinoa comes as close as any other in the plant or animal kingdom.”) The pseudo-grain –which is more closely related to beets and spinach than to wheat or corn – has been promoted in recipes distributed by the National Institutes of Health, the Mayo Clinic and the American Institute for Cancer Research. In fact, quinoa already has done quite well on the world stage. Global import demand has increased 18-fold in the last decade, mainly due to consumption in Europe, Canada, and the U.S.

Prospects Daily: US treasuries gained and the benchmark 10-year bond yield edged down

Global Macroeconomics Team's picture

Financial MarketsUS treasuries gained and the benchmark 10-year bond yield edged down 1 basis point to 1.66%, after rising as high as 1.7% earlier, while the 30-year bond yield slid by 2 bps to 2.83% in early Friday session after a government report on wholesale price in September showed domestic inflation remained muted.

New Pledges Expand GAFSP's Food Security Work in World's Poorest Countries

Rachel Kyte's picture

When you want to put money, ideas, innovation, and hard work together to increase food security, there’s nowhere better than the Global Agriculture and Food Security Program – GAFSP.

Don’t just believe me. Listen to the Rwandan farmers whose now-terraced hillsides are getting higher yields, producing better nutrition, and improving their livelihoods.

Similar stories can be told in Tajikistan, Sierra Leone, Bangladesh, and elsewhere.

Japan and the Republic of Korea are among those convinced that GAFSP is a good investment in food security. Inspired by a challenge from the Unites States, Japan and South Korea just pledged an additional $60 million to GAFSP at a meeting in Tokyo held in conjunction with the World Bank and IMF Annual Meetings.

The United States announced that it was prepared to contribute an additional $1 to GAFSP for every $2 contributed by other donors, up to a total of $475 million.

Why is GAFSP so successful?

Prospects Daily: European shares and euro continue to slump

Global Macroeconomics Team's picture

Important developments today:

1. European shares and euro continue to slump as Moody’s cuts the rating outlook for Germany, the Netherland, and Luxembourg

2. Output in the Euro Area contracts for the sixth month in July

Prospects Daily: Portuguese government bonds advance following successful short-term debt auction

Global Macroeconomics Team's picture

Important developments today:

1. Portuguese government bonds advance following successful short-term debt auction.

2. Deceleration in Eurozone manufacturing activity slows.

School Autonomy and Accountability Go Together

Harry A. Patrinos's picture

A recent OECD note on PISA results, School autonomy and accountability: Are they related to student performance?, suggests that greater school autonomy in decisions relating to curricula, assessments and resource allocation tend to be associated with better student performance, particularly when schools operate within a culture of accountability.

Amsterdam Smart City

Dan Hoornweg's picture

Amsterdam is aggressively developing its ‘smart’ electrical grid. The smart part is the inter-linked power system, and the efforts made to involve all parts of the community. The result to-date is impressive: in just two years 71 partners have joined (and growing), pilot energy savings of 13 percent were achieved, and a possible reduction of 1.2 million tonnes CO2e already identified if pilots scaled-up city-wide. The program grew from a smart electrical grid to a ‘smart city’; in eighteen months Amsterdam Smart City or ASC, hosted or attended more than 50 smart city conferences.

The four pillars of ASC program are: (i) cooperation; (ii) smart technology and behavior change; (iii) knowledge exchange; and (iv) seek economically viable initiatives. Much of the impetus of ASC came from the establishment of a Euro 60 Million catalytic climate and energy investment fund created when the electricity and gas company was privatized.


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