Market conduct supervisors in the financial sector have a tough job. And it’s getting tougher.
Their core work involves collecting data from disparate sources and undertaking complex analyses to identify and assess risks. They must also determine compliance with rules that are often principles-based. For example, what do complaints data, consumer agreements and marketing materials indicate about whether a financial service provider is treating its customers fairly?
Middle East and North Africa
Why digitize public procurement?
Many countries have an opportunity to digitally transform public procurement systems to achieve enhanced efficiency, accountability, transparency, and participation of small and medium enterprises (SMEs). Digitally transforming public procurement would also accelerate national development objectives, such as enhancing public service delivery, developing human capital and the private sector, and gender empowerment.
As an urban dweller in Beijing, a rapidly modernizing city, my daily life would look like a science-fiction movie for people from just a few decades ago. I use my mobile phone to buy groceries, pay for meals, take photos, access the subway, and find my way to unknown places.
When I arrived in Tunis almost a year ago, one of my colleagues at the World Bank office tried to explain to me how the rules in effect had made it impossible to export high-quality olive oil. I found it difficult to understand what she was saying, as it seemed to me that the export of high value-added products should be a major goal for the country. However, to date, the problem persists ...
Our planet is undergoing a process of rapid urbanization, and the next few decades will see unprecedented growth in urban areas, including in urban infrastructure. Most of the growth will take place in low-and middle-income countries. The expansion and development of urban areas require the acquisition of land, which often requires physical relocation of people who own or occupy that land.
How can urban resettlement become a development opportunity for those affected by the process of urban development?
A World Bank report titled Urban Land Acquisition and Involuntary Resettlement: Linking Innovation and Local Benefits offers useful examples:
The program, led by the German government, led to the formation of a women’s cooperative that bids for commercial contracts in schools, mosques, and government agencies.
A short documentary film produced for Al Jazeera showcases how these women are not only challenging stereotypes by thriving in the male-dominated profession of plumbing, but also implementing a range of water management techniques for their communities.
Trained women receive toolboxes and funding for outreach to disseminate information within their community and reach at least 20-25 other women.
The film was just awarded the Women Entrepreneurs Journalism Award, sponsored by the Women Entrepreneurs Finance Initiative (We-Fi), as part of the 2018 One World Media Awards. The award covers broadcast, digital, film or print journalism that explores women’s entrepreneurship in developing countries. Reporting can showcase stories of successful female entrepreneurs, the challenges women face in trying to start or grow their businesses, and/or the critical role that women entrepreneurs play in economic development by boosting growth and creating jobs.
Watching party activists pass out election leaflets in Bizerte on Labor Day gave me the first tangible feel that local elections were coming, in an otherwise quite understated campaign. While some may feel disappointed about the relatively low-key process, and even more so with voter turnout, sometimes ‘understated’ is also a good thing: the sense that local elections in Tunisia, the first one since 2011, can be a ‘normal’ political occurrence in a context where democracy is evolving.
This initiative is supported by the World Bank’s Trust Fund for Statistical Capacity Building (TFSCB) with financing from the United Kingdom’s Department for International Development (DFID), the Government of Korea and the Department of Foreign Affairs and Trade of Ireland.
Scaling local data and synergies with official statistics
The themes for this year’s call for proposals are scaling local data for impact, which aims to target innovations that have an established proof of concept which benefits local decision-making, and fostering synergies between the communities of non-official data and official statistics, which looks for collaborations that take advantage of the relative strengths and responsibilities of official (i.e. governmental) and non-official (e.g.,private sector, civil society, social enterprises and academia) actors in the data ecosystem.
- Urban Development
- Social Development
- Public Sector and Governance
- Private Sector Development
- Migration and Remittances
- Law and Regulation
- Labor and Social Protection
- Information and Communication Technologies
- Global Economy
- Financial Sector
- Climate Change
- Agriculture and Rural Development
- The World Region
- South Asia
- Middle East and North Africa
- Latin America & Caribbean
- Europe and Central Asia
- East Asia and Pacific