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East Asia and Pacific

One more promise kept: the Global Agriculture and Food Security Program

Fionna Douglas's picture

Launch of Global Agriculture and Food Security Program

A remarkable thing happened at the US Treasury in DC today; the United States, Canada, Spain, South Korea and the Bill and Melinda Gates Foundation agreed to pool resources, and as Bill Gates described it, “put small holder farmers, especially women, front and center” of a new multilateral agriculture and food security program. The Gates Foundation will contribute $30 million.

The Global Agriculture and Food Security Program (GAFSP) will focus on increasing agricultural productivity and linking farmers to markets. A special feature of the program is the focus on country ownership that puts countries in the driver’s seat.

The GAFSP was created in response to a call from G20 leaders last year for the World Bank to work with interested donor to set up a multi-donor trust fund to implement some of the $22 billion in pledges made by the G8 leaders at L’Aquila, Italy.

Mission Diary – Tour of Rural Road Innovations in Vietnam

The Northern mountainous Vietnamese town of Lao Cai on the Chinese border is asleep at 4:45 in the morning, except for a large crowd gathering at the railway station. I am arriving, with a small World Bank rural transport mission, on the overnight sleeper train from Hanoi. It is the most effective way of travel to Lao Cai.

Zoellick: ‘Spring Meetings a turning point for World Bank’

Angie Gentile's picture

April 22, 2010 - Washington DC., World Bank/ IMF Spring Meetings. World Bank President Robert B. Zoellick, opening press conference. Photo: Simone McCourtie/World Bank.Bank President Robert Zoellick just gave his traditional pre-Spring Meetings briefing to the press, where he talked about a multipolar world economy and how the World Bank is changing to meet the needs of a new reality.

“Economic and political tectonic plates are shifting,” he said. Developing countries are key sources of demand for recovery from the crisis, and “over time, they can become multiple poles of growth.”


 

Zoellick said the Spring Meetings represent a turning point for the World Bank. Over the weekend, the institution’s 186 shareholders will be considering four issues:

  • the first capital increase in more than 20 years
  • whether to give developing countries a bigger say in the running the institution
  • the Bank’s post-crisis strategy, and
  • the most comprehensive reform program in the Bank’s history.

"Agreement on this package of measures, if successful, would represent a multilateral success story,” he said.

 
For more information:

 

What is safe, clean and affordable transport?

Anna Barbone's picture

The Bank Group’s transport business strategy articulates how transport and development goals come together.

SafetySafe acknowledges the prominence of health outcomes within the Millennium Development Goals; it implies safety for transport users, for transport workers, and for the wider community.

World Development Indicators 2010 launched on data.worldbank.org

Richard Fix's picture

World Bank/IMF Spring Meetings2010 - World Development Indicators 2010 Launch and Open Data Initiative announced. Justin Lin, World Bank Chief Economist talks about free data.

We launched the 2010 World Development Indicators today, except this year we launched it on data.worldbank.orgthe Bank’s new open data site that frees up more than 2,000 indicators previously available only to paying subscribers. We’re pushing to share our data with the world, and the WDI is a wonderful platform for this. Year after year, we pull together data from many places—across international agencies and countries-- in one place to draw a statistical image of the world. This year, whole new audiences will be able to access our work.

Since I joined the Bank, I have worked with a team of economists, statisticians, and others to produce a new WDI each year. Every April, we unveiled a new edition that revealed new facts about development. It was our chance to describe development by the numbers. But the numbers were not enough. We needed to explain the numbers, make it easier for others to pull knowledge from all these facts. The essays, the detailed descriptions and definitions of the data were a step in the right direction, but we needed to do more.

Spring Meetings 'Can Represent a Landmark in Bank's History'

Angie Gentile's picture

Delegates, civil society members and press from around the world are set to converge in Washington for  the World Bank-IMF Spring Meetings. (See the schedule of events.) The week is packed with meetings, briefings and lectures covering topics ranging from strategies for post-economic crisis recovery to the first effort in 20 years to raise capital for the World Bank.

But many continue to wonder what the fallout will be of the eruption of Eyjafjallajokull in Iceland last week--from the effects on countries to disruptions in international air travel.

Zoellick: End of the Third World?

Julia Ross's picture

April 14, 2010 - Washington DC - World Bank Group President Robert B. Zoellick speaks at Woodrow Wilson International Center for Scholars in Washington DC

Setting the scene for next week’s Spring Meetings, World Bank President Robert Zoellick said today the world has changed since the financial crisis, the third world is gone and we now live in a multipolar economy.

At Washington, D.C.’s Woodrow Wilson Center for International Scholars, Zoellick told an audience of diplomats, economists and international development specialists, “We are now in a new, fast-evolving, multipolar world economy, in which some developing countries are emerging as economic powers; others are moving towards becoming additional poles of growth, and some are struggling to attain their potential within this new system.”

“It is time we put old concepts of First and Third Worlds, leader and led, donor and supplicant behind us,” he said.

The speech drew several questions on the Bank’s response to the financial crisis and how it is helping developing countries adapt to the new global economy Zoellick described.

Your questions about East Asia and Pacific's economies, answered by World Bank experts

Claudia Gabarain's picture

Ivailo Izvorski, the Lead Economist for the East Asia & Pacific region of the World Bank (and our latest blogger, below this post), and Vikram Nehru, Chief Economist for the region, held a live online chat a couple of days ago where they answered a good number of questions about China's currency, GDP forecasts, free-trade agreements, and structural reforms, among others.


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