People, Spaces, Deliberation bloggers present exceptional campaign art from all over the world. These examples are meant to inspire.
Like all other development agencies, the World Bank has few systematic ways to measure, track or even recognize the effectiveness of its work. Instead, stakeholders are more likely to insist on fiduciary oversight and lending volumes; management is more accountable for meeting lending targets and upholding administrative requirements than meeting development goals; and approvals of Bank projects and country partnership strategies – not surprisingly – are rarely based on explicit analyses of their development effectiveness.
None of this is new. Enhancing “development effectiveness” emerged as a key concern in a recent review of the World Bank’s governance structure, for example, but similar concerns have been expressed at least since the Wapenhans Report twenty years ago. What is new is the energy surrounding current efforts to put development effectiveness at the center of Bank operations. But doing this means confronting the essential problem that there is no cookbook for development. Whether we care about “big” development – tripling incomes per capita in Malawi over the next 15 years – or “little” development – improving health outcomes for rural women in Orissa this year by expanding access to cooking stoves – some things we think work actually do work, at least under certain conditions; other things we only think work, when in fact we have no evidence either way; and we are fairly sure that even all the things we know (or suspect) work will only get us part-way towards our development goals.
Mayu Muto, left, receives the Grand Prize for the 3rd Annual Development Slogan Contest from Kazushige Taniguchi, Special Representative of the World Bank in Tokyo.
“We will not let poverty hamper your future.”
That’s the English translation of Mayu Muto’s grand-prize winning entry in the third Development Slogan Contest sponsored by the Tokyo office of the World Bank.
Maya believes poverty should not dictate anyne’s future. She gave an inspiring speech in Japanese on Saturday early afternoon as she received her prize from Kazushige Taniguchi, Special Representative of the World Bank, along with three other Excellence Award winners of the third Development Slogan Contest. The contest is held every year in Tokyo to deepen understanding about development issues among Japanese youth.
As the 2012 Annual Meetings opened Thursday, World Bank Group President Jim Yong Kim held a press briefing and fielded questions on a range of topics including the role of emerging economies, food prices, climate change, and more.
A woman works in a small shop in Ghana.
Photo by Arne Hoel
What will it take for the world to wake up and realize the advantages of supporting women entrepreneurs in the developing world?
If that sounds like an odd question to be asking in the 21st century, just consider some facts. We know that globally women make up almost half the world’s workforce. And we know that in developing economies, 30-40% of entrepreneurs running small or medium sized businesses are women.
But here’s something you may not know – at least 9 out of 10 women-owned businesses have no access to loans. So, just imagine the frustration of a woman in a developing country, who has started a small business, is attracting a good clientele, has a business plan to grow her business, but can’t get a loan to expand. That's not an isolated story. It’s a frustration shared by many women in the developing world. And the frustration of those women sounds echoingly similar to the frustration still lingering in the voices of older women from rich countries, telling how some three decades ago they were refused bank home loans, despite having a guaranteed income.
The first week as World Bank Chief Economist has left me excited, on the trot, (not to mention, slightly exhausted) and more convinced than ever that John Maynard Keynes was right when he wrote in the General Theory that the course of history, for good or for bad, is determined more by ideas and opinions than vested interests. I assert this with some confidence because of my somewhat unusual career experience, beginning with academic research, writing and teaching to being thrown into the deep end of the policymaking pool, when, in 2009, I was appointed India’s 14th Chief Economic Adviser and the first with no taint of prior experience in government.
I feel privileged to have this new challenging job and hope to engage with readers of this blog as I become more conversant with the Bank's work and also with writing a blog, which I have never done before, my social interaction on the web thus far being restricted to the 140-character tweet.
During the course of many G20 and other high level meetings with policymakers when I was still wearing my India hat, I was struck time and again by the fact that having a critical mass of people who are well-intentioned and susceptible to good ideas can do so much to break the toughest of impasses, whether in trying to decide on monetary and fiscal policies or in targeting welfare benefits or in battling poverty.
These are some of the views and reports relevant to our readers that caught our attention this week.
“TechCrunch just got its hands on the new Aakash UbiSlate 7Ci, the super-cheap tablet that will attempt to connect every student in India to the Internet. Educators have long hoped that cheap computing devices could bridge the global information divide, but previous attempts have been dogged by disappointing performance, lack of Internet access, and financial barriers. The latest version of India’s $35 tablet comes equipped with WiFi and has an optional upgrade ($64) of a cellular Internet package of $2/month for 2 GB of data (roughly 25 emails, 25 websites, 2 minutes of streaming video, and 15 minutes of voice chat a day). More importantly, it is expected to launch this month in India with the government’s commitment to connect even the most remote areas to the Internet. The impact of a successful rollout is difficult to overestimate: rural schools that have been connected to the Internet show immediate and tremendous gains.” READ MORE
|More information on the World Bank-AusAID partnership in worldbank.org/unlockingpotentialreport|
Making a difference for people, he
When my team and I started working on the World Development Report 2013, slightly more than a year ago, we were puzzled. We had been asked to write about jobs, and there was no doubt that they were a major concern around the world. Events such as the global crisis or the Arab spring had put jobs center stage. In developing countries, finding employment opportunities for massive numbers of youth entering the labor force was urgent. Middle-income countries were struggling to move up the value-added ladder in production and to extend the coverage of social protection. Technology and globalization were changing the nature of work worldwide. In all cases, jobs were at stake. And they were clearly one of the main preoccupations of policy makers everywhere.
Do longer classroom hours equal good grades? Spending more time in school is a subject currently being discussed as one solution to improving students' academic performance with the ultimate goal of making countries more competitive in the global economy.
This is true for emerging and advanced economies alike.