These are some of the views and reports relevant to our readers that caught our attention this week.
The world’s most valuable resource is no longer oil, but data
A NEW commodity spawns a lucrative, fast-growing industry, prompting antitrust regulators to step in to restrain those who control its flow. A century ago, the resource in question was oil. Now similar concerns are being raised by the giants that deal in data, the oil of the digital era. These titans—Alphabet (Google’s parent company), Amazon, Apple, Facebook and Microsoft—look unstoppable. They are the five most valuable listed firms in the world. Their profits are surging: they collectively racked up over $25bn in net profit in the first quarter of 2017. Amazon captures half of all dollars spent online in America. Google and Facebook accounted for almost all the revenue growth in digital advertising in America last year. Such dominance has prompted calls for the tech giants to be broken up, as Standard Oil was in the early 20th century. This newspaper has argued against such drastic action in the past. Size alone is not a crime.
Pathways for Peace : Inclusive Approaches to Preventing Violent Conflicts
World Bank/United Nations
The resurgence of violent conflict in recent years has caused immense human suffering, at enormous social and economic cost. Violent conflicts today have become complex and protracted, involving more non-state groups and regional and international actors, often linked to global challenges from climate change to transnational organized crime. It is increasingly recognized as an obstacle to achieving the Sustainable Development Goals by 2030. This has given impetus for policy makers at all levels – from local to global – to focus on preventing violent conflict more effectively. Grounded in a shared commitment to this agenda, Pathways for Peace: Inclusive Approaches to Preventing Violent Conflict is a joint United Nations and World Bank study that looks at how development processes can better interact with diplomacy and mediation, security and other tools to prevent conflict from becoming violent.
These are some of the views and reports relevant to our readers that caught our attention this week.
Never in recent history has anti-minorities rhetoric — anti-immigrants, anti-religious-minorities, anti-LGBTI — been so pronounced in so many countries around the world. Those groups, we are told, are the cause of our current economic crisis because they steal our jobs, fuel criminality and threaten our traditional way of living. And yet, the causes of our economic crisis are probably more nuanced, and initial research seems to suggest that more and not less social inclusion will help us overcome the instability of our times.
The exclusion of minorities from the labor force is becoming politically and economically unsustainable for many states that are struggling to retain their legitimacy and strengthen their competitive potential in an increasingly global marketplace. As a consequence, governments, international development agencies and academic institutions are now looking seriously at ways to develop policies that guarantee a more equal and sustainable form of economic development — development that addresses both short- and long-term economic goals.
The World Bank’s Equality Project attempts to address this problem. The idea driving the project is that institutional measures that hamper the access of ethnic, religious and sexual minorities to the labor market and financial systems (such as legal and policy restrictions, or the absence of appropriate, positive nondiscrimination actions) directly affect their economic performance and, as a consequence, represent a cost for the economy: If a sizeable percentage of the population is not given the opportunity to acquire a high-quality education, a good job, secure housing, access to services, equal representation in decision-making institutions and protection from violence, human capital will be wasted, income inequality will grow and social unrest will ensue. The World Bank’s widely cited Inclusion Matters report puts it succinctly: “Social inclusion matters because exclusion is too costly. These costs are social, economic and political, and are often interrelated.”
The project collected and validated data on the legal framework of six pilot countries: Bulgaria, Mexico, Morocco, the Netherlands, Tanzania and Vietnam. The methodological approach of collecting cross-country comparable data according to key indicators yielded some general but interesting results, published in a research working paper in March 2017.
By 2030, 80% of the world’s population will be living in urban areas, following the dream of better jobs, education, and health care.
Too often, however, that dream risks remaining an urban daydream, due to natural disasters such as hurricanes, earthquakes, and floods, as well as climate change. Those of us working to help these families find a better future must focus more on ways to support efforts to protect their lives – and their livelihoods.
In the 40 years since the launch of Habitat I, governments and municipalities throughout emerging and developing countries have been proving that their cities can be not only inclusive and secure, but also resilient and sustainable. However, unless they increase their speed and scale, they are unlikely to achieve the goals of the “New Urban Agenda” and its Regional Plans, launched at Habitat III in 2016.
From our perspective helping governments in Latin America and the Caribbean, and ahead of the World Urban Forum taking place in Kuala Lumpur, Malaysia in February, let us share three key ingredients necessary to achieve that goal:
Goma is a girl, born in rural Kalikot. Her parents are illiterate, belong to the Dalit community and are in the bottom 20 percent of Nepal’s wealth distribution. Champa is also a girl born to a household very similar to Goma’s, but her parents are from a village in Siraha. Avidit is a boy born to an upper caste household in urban Kathmandu. Both his parents have a university education and come from affluent backgrounds.
In a society where opportunities are equally available for children of all socio-economic backgrounds, Goma, Avidit and Champa would all have equal odds of becoming doctors, or engineers or successful entrepreneurs. But in Nepal, the life trajectory of these children begins to diverge very early in life.
As we commemorate the International Day for the Eradication of #Poverty and #Vietnam’s Day for the Poor today, think what’s the most important question you want to ask about reducing poverty in Vietnam. What do you want to know about ensuring equal opportunities? About social #inclusion? Shared prosperity?
Post your questions at www.facebook.com/worldbankvietnam and we will collect the top 5 questions asked within the next two days.
2016 continues to witness a growing incidence of violent conflict around the world. These conflicts are particularly problematic in the group of 60 countries often referred to as Fragile States. Donor agencies pour billions of dollars annually, through policy advice and conditional loans to alleviate fragility and promote development. For the citizens living in these countries, change cannot come soon enough.
Development, however it is defined, involves economic, social and political transformation. Such a transformation is shaped by ideas, engages multiple interests, and proceeds within rules and norms set by political institutions. Since the structure of political institutions is influenced by human agency, leadership becomes an important factor in determining development trajectories. It is clear that leadership is crucial particularly in fragile states, where institutions are weak or have been destroyed by conflict. Leadership as an institution is paramount because it provides a transitioning society with the means to solve problems, make decisions, and craft policies. Leaders can help shape institutions that reduce uncertainty.
There is widespread agreement in the international community and among researchers that institutions matter for stable and secure states, economic growth, political democracy and inclusive social development. Policy makers and international financial institutions have been insisting on the adoption of ‘appropriate’ political, economic and social institutions in the belief that these would promote economic growth, accountability and responsiveness through good economic governance and political democracy. It takes effective leadership to achieve this.
Penicillin was discovered almost 90 years ago and heralded the beginning of a revolutionary era in medicine. As the first antibiotic drug in existence, it was used to treat what had previously been severe and life-threatening illnesses, such as meningitis, pneumonia, and syphilis.
- Information and Communication Technologies
- identification for development
- ID4D digital
- digital ID
- #ict4d ICT4D
- information and communication for development (ICT4D)
- technology blockchain
- self-sovereign identity systems
- sovereign identity
- refugee crisis
The first WikiStage WBG was held in Lima on October 6 on the topic of social inclusion. You can view the entire show at World Bank Live.
What’s a WikiStage?
This was a special event organized by the World Bank and produced under license from WikiStage. It featured an inspirational sequence of talks, performance, and films in a 3-minute, 6-minute or 9 minute format. The WikiStage Association in Paris is a non-profit organization that supports a global network of volunteers and event organizers. WikiStage is independent from Wikipedia or other “Wiki” projects and is a young knowledge sharing collaborative that began in 2013 and today represents a network of more than 50 event organizers in 10 countries.
Our goal was to create an interesting and tightly choreographed program that explored social inclusion through the perspectives of people from a variety of different backgrounds and disciplines. It was presented in English and Spanish to a live audience of 500 and livestreamed to a global online audience.
Here are three things I learned from organizing the WikiStage WBG Lima.