One of the major aspirations of the World Bank is to make a real impact on the countries’ development. But when the Bank is a small player relative to the size of the country, can it be what we call transformational?
Latin America & Caribbean
I got together with my friend Asma'a one evening at a popular Cairo café overlooking the Nile. Like many of the young Egyptians I had met that summer, Asma'a was smart, motivated — and unemployed. Since graduating with a law degree, she had applied for countless jobs to no avail, and had all but given up on finding a job in her field of study. She was particularly upset that evening because her parents had forbidden her from accepting a waitressing job, deeming the work to be morally inappropriate. Feeling ever more desperate, Asma'a said she would be willing to take any job just to be able to work.
Asma'a is one of 865 million women worldwide who have the potential to contribute more fully to the global economy. These women represent a powerful resource for driving economic growth and development. Yet the underuse of women's talents and skills is holding many countries back. An International Monetary Fund study estimates that if women like Asma'a were to participate in the labor force at the same rate as men, they could raise GDP in Egypt by 34 percent. Employed women also invest more of their income in their children's health and education, helping families to escape the cycle of poverty.
Our Top Ten blog posts by readership in 2013
This post was originally published on August 15, 2013
It was a sunny, hot Saturday afternoon and I mingled with farmers, community leaders, coffee producers and handicrafts entrepreneurs who had traveled from all parts of Bolivia to gather at the main square of Cliza, a rural town outside of Cochabamba. The place was packed and a sense of excitement and high expectations was unfolding. It was to be anything but an ordinary market day.
Thousands of people had been selected from more than 700 rural communities to showcase their products and they were waiting for a special moment. President Evo Morales, Nemesia Achocallo, Minister for Rural Development, Viviana Caro, Minister for Development Planning, and World Bank President Jim Yong Kim, on his first official visit to Bolivia, would soon be meeting them.
While waiting among them, I felt their excitement, listened to their life stories and was humbled by the high expectations they had in their government, their leaders and the international community to support them in reaching their aspirations for a better future for their families and communities. From many I heard the need to improve the well-being of their families and communities and their goal of “Vivir Bien!”
As many across the world entered the New Year in a celebratory mood, others are still struggling to recover from the effect of the recent economic downturn. Five years ago began the worst economic recession the world has experienced in generations. With life support by Governments and Central Banks, the global economy seems to have stabilized, but the ‘patient’ is still weak. In 2013, the global economy is estimated to have expanded at a modest 2.2 percent rate (despite a contraction in the Euro zone) and for 2014 the World Bank and IMF project a slight uptick to 3.0 percent.
But what do these numbers actually tell us about the well-being of people? Does economic growth capture what really makes a difference in peoples’ lives?
Most experts agree that energy efficiency is a critical building block for sustainable development. This is because improvements in energy efficiency strengthen a country’s energy security, increase competitiveness, ease shortages in energy supply, and lower environmental impacts including local and greenhouse gas emissions.
Why doesn’t it happen then?
2013 marked the fifth year of the World Bank's EduTech blog, which has been dedicated to "exploring issues related to the use of information and communications technologies (ICTs) to benefit education in developing countries". The posts in 2013 spanned a rather eclectic set of topics and issues, from MOOCs to mobile phones to Matthew Effects (and those are just the 'M's!). Viewed collectively, it is hoped that these posts provide a little insight into the variety of discussions and activities in which the World Bank has been engaged over the past year, assisting policymakers and practitioners in middle and low income countries as they investigate how new technologies can help education systems tackle long-standing challenges in new (and sometimes not-so-new) ways.
As in past years, in 2013 the EduTech blog served various purposes, but has remained at its core driven by a belief that by 'thinking aloud in public', we can try (in an admittedly very modest way) to use the blog to open up conversations about various themes to wider audiences, and to share emerging thinking and discussions on topics that in the past were often (regrettably) shared only 'behind closed doors' within small circles of people and institutions. There were fewer (27) posts over the course of the year, but many of them were much longer (some may argue that many of them were in fact too long, and indeed a number of them served as first drafts of sorts for upcoming papers and book chapters).
Before presenting this year's 'top ten' list, some quick boilerplate reminders: Posts on the EduTech blog are not meant to be exhaustive in their consideration of a given topic, but rather to point to interesting developments and pose some related questions. They should not be mistaken for peer-reviewed research or World Bank policy papers. The views expressed on the EduTech blog are those of the author(s) alone, and not those of the World Bank.
For those interested in such things:
- More background and context on the World Bank's EduTech blog
- Top EduTech blog posts: 2012 - 2011 - 2010 - 2009
- Annual EduTech blog compilations (in pdf): 2012 - 2011 - 2010 - 2009
- A list of the top EduTech blog posts of all time can be found on this page
OK, now on to the ...
Delmas 32 is a tangled web of narrow alleys, defined by haphazard housing and makeshift structures. This community has been digging its way out of the 2010 earthquake, slowly but surely, and large piles of sand, rubble, bricks, and rebar pushing to the sky are a constant reminder of the work that remains.
Our Top Ten Blog Posts from 2013
This post was originally published on July 31, 2013
Only one in 8 violent deaths occur in the ‘conflict settings’ so beloved of news coverage. Most of the rest are ‘intentional homicides’ committed in gun and drug-plagued (but supposedly non-conflict) countries like El Salvador (at 62 deaths per 100,000 people, the world’s most violent ‘peaceful’ country). People often claim the death toll in El Salvador is now worse than during its 1980s civil war, but the numbers don’t seem to add up – 70,000 died over about 12 years in that war, whereas the current carnage kills ‘only’ about 3,600 a year. Latin America remains the world’s homicide hotspot.
Total global death toll is 526,000. That’s a shocking one a minute, but less than half the deaths from road accidents (which I imagine have a similar victim demographic).
But things can improve. The murder rate in El Salvador has halved since the data for this report was gathered, thanks to a truce struck between the country’s two main street gangs.
We asked our bloggers and guest bloggers for their predictions for 2014. Here is a summary of seven main themes, which we will re-visit in late 2014 to see how well we did.
1. Global growth will remain robust and tapering by the U.S. Fed will be less consequential to emerging markets than expected (Bhaskaran, Zaman, Raiser). China will do better than markets predict (Huang), and East Asia will continue to grow with relative stability (Quah). At the same time, the economic policies of some Latin American countries will bring their economies to a breaking point, causing political chaos as well (Gonzalez). Political turmoil and conflict in the Middle East and North Africa will continue to weigh heavily on these economies, with average growth for the region below 3 percent (Devarajan).
2. For Europe, 2014 will be a better year. 100 years after the beginning of the First World War, the Balkans will again be the focus of attention but for better reasons. A more pro-European outlook in Germany and a successful launch of negotiations with Serbia will bode well for the EU. Bosnia and Herzegovina, the scene of the assassination of heir apparent Franz Ferdinand which triggered the beginning first world war, will do surprisingly well at the World Cup in Brazil, for which it qualified for the first time ever. The joy, however, will only be short-lived because political infighting will continue to make it one of the least governable states in Europe (Fengler).
In June 2013 we announced the upcoming release of the results from the 2011 round of the International Comparison Program (ICP). The results will include ICP 2011 benchmark PPPs and related volume measures for 199 participating countries/economies.