Syndicate content

Stability

Jim Kim in Mali: Stability Vital for Prosperity

Jim Yong Kim's picture

TIMBUKTU, Mali - Months after a rebel attack was rebuffed in Mali, the country is striving to stabilize in order to fight poverty and boost shared prosperity. I'm visiting the West African nation with UN Secretary-General Ban Ki-moon to underline international commitment to the region.

The Art of War: Cultural Policies and Post-Conflict Reconstruction

Uwimana Basaninyenzi's picture

Are post-conflict societies that foster, promote, and develop their cultural industries providing important reconciliation benefits to their communities? If so, should governments make cultural policy a vital part of their post-conflict reconstruction plans?

After the traumatic experience of war, a number of policymakers may consider health, security, food, and shelter as the highest priorities without much consideration for culture. However, what many leaders in post-conflict zones often forget is that a conflicted, divided, and wounded population often compromises real prospects for peace and stability. Consequently, I argue that policies that encourage the development and growth of the cultural industries should be a critical part of post-conflict reconciliation efforts.

Bread, freedom and the WDR 2011 on Conflict, Security and Development

Merrell Tuck-Primdahl's picture

Which comes first in the wake of revolution, bread or freedom?

A Reuters reporter asked about this during the embargoed press briefing last Friday to launch the World Development Report 2011: Conflict, Security and Development. What she wondered about was the tough choices of what to deal with most urgently in the throes of revolutions like we are seeing in the Middle East and North Africa.

In other words, should policymakers pay urgent attention to, say, food, jobs and the flow of cash or do justice and political change take precedence? 

Does South Asia Run the Risk of Rising Inflation?

Eliana Cardoso's picture

I am old enough to remember the days when Latin America was the land of inflation. Hyperinflation in Bolivia, Brazil and Argentina made the news in the 1980s and early 1990s. At that time, Asia was seen as immune to the Latin disease. Since then, much water has gone under the bridge. Inflation came under control in the majority of Latin American countries. Today the median inflation rate in South Asia is more than twice the size of the median inflation rate in Latin America and the Caribbean. (See chart below)

Should South Asia’s policymakers look at this information and wonder whether they are doing something wrong?

In general, the recipe for hyperinflation is the monetization of budget deficits in countries afflicted by political instability or conflict. Even if the threat of mega inflation is far removed from the South Asia scenarios, the combination of big budget deficits and loose monetary policy seems to be present in some countries of the region.