About two thousand years ago, the country built one of the world’s first irrigation system to control its water supply.
This feat of engineering, which boasted hundreds of kilometers of channels, tanks, and innovative valve pits, helped the great kingdoms of Anuradhapura and Polonnaruwa flourish into sophisticated societies and protect their people against hunger.
Today, building resilience to natural disasters and other shocks is more critical than ever.
Sri Lanka is no exception. The country ranked fourth most vulnerable to climate change in 2016.
Further to that, a recent World Bank report indicates that
The losses caused by significant shocks like natural disasters have long-lasting consequences.
Children, especially, can suffer permanent damages if they are not educated or fed correctly in their critical early years.
And the loss of assets, livestock, and crops can severely hurt small business owners and farmers and further discourage them from investing.
And while some people gradually restore their standards of living, some never fully recover and get stuck in poverty.
But the poor aren’t the only ones who need to worry about shocks.
Our analysis of the 2016 Household Income and Expenditure Survey reveals that a 20 percent sudden decrease in household welfare—or consumption shock—would more than double the poverty rate: almost 1 in 10 Sri Lankans would be poor.
If the shock triggered a 50 percent decrease in consumption, one in three Sri Lankan families would fall into poverty.
Further to that, rural or urban infrastructure, the commitment levels of teachers, and the nature or extent of corruption in the community can affect how a female student will perform in school.
In general, the past many years of conflict and political unrest in Afghanistan have damaged the country’s education system; eroding the quality of staffing and curriculum.
As a result, the unfavorable political economy has blocked policy reforms and their implementation, taking a toll on the quality of education services.
This has led to weakened governance.
In 2011, Bangladesh and India flagged off the first of their border haats, representing an attempt to recapture once thriving economic and cultural relationships that had been truncated by the creation of national borders.
Border Haats are local markets along the Indo-Bangladesh border that stretches 4100 Kms and runs through densely populated regions.
Conceived as Confidence Building Measures between India and Bangladesh, 4 Border Haats were set up between 2011 and 2015.
- Balat (Meghalaya) – Sunamgunj (Sylhet)
- Kalaichar (Meghalaya) – Kurigram (Rangpur)
- Srinagar (Tripura) – Chagalnaiya (Chittagong)
- Kamalasagar (Tripura) – Kasba (Chittagong)
Initially only local produce was permitted for trade. But subsequently, the range of items has been broadened to include goods of household consumption.
But border haats are not only about trade.
Almost 85 percent of them are hosted by low or middle countries with limited resources such as Jordan, Ethiopia, Uganda, Turkey, and Bangladesh. These countries face enormous challenges in meeting the needs of refugees while continuing to grow and develop themselves.
I visited Jordan in 2014 and 2016 and was struck by the generosity and hospitality of this small, middle-income country, which accepted the influx of more than 740,000 refugees of the Syrian war and other conflicts (and that only counts the number officially registered by the UN Refugee Agency!) In 2017, Jordan had 89 refugees per 1,000 people –the second-highest concentration in the world. Its services and economy were under tremendous strain. The refugees themselves were frustrated by lack of opportunity to support themselves.
PovcalNet released new poverty estimates last week, indicating that in 2015, 10 percent of the global population were living on less than the international poverty line (IPL), currently set at US$1.90 per person per day in 2011 purchasing power parity (PPP). This estimate is based on a series of new data and revisions, including more than 1,600 household surveys from 164 countries, national accounts, population estimates, inflation data, and purchasing power parity data. The new poverty numbers were released on September 19 and will be part of “Poverty and Shared Prosperity 2018: Piecing Together the Poverty Puzzle,” a report to be published on October 17, End Poverty Day.
We’re also launching a Global Poverty Monitoring Technical Note Series which describes the data, methods and assumptions underpinning the World Bank’s global poverty estimates published in PovcalNet. With this update, we’re releasing four new notes in this series, including the “What’s New” note that will accompany each of the semi-annual updates to PovcalNet. The other notes cover different aspects of the price adjustments embedded in the global poverty estimates, such as adjustments for inflation and price differences across countries
Begun as a research project by Martin Ravallion, Shaohua Chen and others, PovcalNet has become the official source for monitoring the World Bank’s Twin Goals, the Millennium Development Goals (MDG), and now Sustainable Development Goal 1.1. PovcalNet is managed jointly by the Data and Research Groups within the World Bank’s Development Economics Division. It draws heavily upon a strong collaboration with the Poverty and Equity Global Practice, which is responsible for gathering and harmonizing the underlying survey data.
PovcalNet does much more than simply providing the most recent global poverty estimates. It’s a computational tool that allows users to estimate poverty rates for regions, sets of countries or individual countries, over time and at any poverty line. It also provides several distributional measures, such as the Gini index and income shares for the various decile groups.
The most recent PovcalNet data show us that over the last few decades, remarkable progress has been made in reducing extreme poverty. The world attained the first MDG target—cutting the 1990 poverty rate in half by 2015—six years ahead of schedule. With continued reductions, the global poverty rate, defined as the share of world’s population living below the IPL, has dropped from 35.9 percent in 1990 to 10 percent in 2015 – more than a 70 percent reduction.
In the last quarter century, global poverty dropped by more than 70 percent
A decade of strong economic growth helped Bangladesh reach lower middle-income status while sharply decreasing its poverty rate, a remarkable achievement. But like many countries in the world, such progress has come at considerable environmental cost.
The monetary cost to the Bangladeshi society of environmental degradation in urban areas, measured in terms of foregone labour output was equivalent to about one percent of the Gross Domestic Product (GDP) annually. If one takes into account the broader welfare impacts of mortality attributed to environmental risks, the economic cost is equivalent to 3.4 percent of the national GDP. Noncompliant industries and inadequate waste management of hazardous and nonhazardous materials are polluting the cities' air as well as surface and ground water. The study also indicated that many rivers around Dhaka are polluted.
As you can see in our new report, What a Waste 2.0: A Global Snapshot of Solid Waste Management to 2050,
Poorly managed waste is contaminating the world’s oceans, clogging drains and causing flooding, transmitting diseases, increasing respiratory problems from burning, harming animals that consume waste unknowingly, and affecting economic development such as through tourism.
Without urgent action, these issues will only get worse. Here’s what everyone should know.
As recently as 2006, Timor-Leste was in crisis. Only a few years into independence, the country was torn by riots and political turmoil. Not surprisingly, its business climate was one of the region’s worst.
But . Nonetheless, Timor-Leste remains a fragile state, and with oil accounting for 80 percent of GDP, it is the world’s second most oil-dependent nation.
This blog is based on new mortality estimates released today by the United Nations Inter-agency Group for Child Mortality Estimation (UN IGME)
There has been remarkable progress in reducing mortality among children and young adolescents in the past several decades. Between 1990 and 2017, the global under-five mortality rate dropped by 58 percent from 93 deaths per 1,000 live births to 39 deaths per 1,000 live births. During the last 17 years, the reduction in under-five mortality rates accelerated to an average 4% annual reduction, compared to an average 1.9% annual reduction between 1990 and 2000. For children aged 5-14, mortality dropped by 53 percent, from 15 deaths to 7 deaths per 1,000 children.