A small business not only provides income, but it provides security and a better life for Khampane Kousonsavath’s family. In Laos, Khampane’s life is better when she is selling processed food. Owning her own business has been rewarding for her; she is now able to go to school and generate income for her and her family.
During the 2011 World Bank Annual Meetings, we decided to give the highest visibility to the topic of gender equality in connection with the World Development Report 2012.
The report details the need of the world to close the big gender gaps that exist in order to pursue a path of true development for many countries. There is global progress, for example, in education.
But in other metrics, the data on gender equality is appalling:
Worldwide, women make up the majority of unpaid workers. And violence against women is still widespread.
As we gather in kitchens and dining rooms during this season of eating and charity, let us pause for a moment to review the state of food trade in Africa: how does cross-border commerce in key crops fare on a continent with pockets of harsh weather and unpredictable politics? How is the traffic in grains and tubers?
It’s clear that prices are high, following the February 2011 peak worldwide. The price of maize in Nairobi has tripled this year alone, while the price of a 50 kg bag of rice in Dakar has risen from $36 to $43.50. These spikes can be blamed partly on increased demand for food crops – including for biofuel production in Europe and the United States. They are also due to supply-side factors, such as higher energy prices which impact transportation and fertilizer costs, and weak harvests in large exporting countries.
But on a global scale there is no food shortage. In 2010, the world produced 2.2 billion tons of cereals, up from 820 million tons 50 years ago (a 268 percent increase). Over the same period, the world’s population has grown from three billion to seven billion people: an increase of 233 percent. In Africa, food staple production is abundant in some areas even though the continent is a net importer of food. Mali grows enough excess sorghum to supply its neighbors, and Uganda, the bread basket of East Africa, makes regular shipments of maize to Kenya, Southern Sudan and Rwanda. The problem is that the surplus food does not always get to those in need. Often shipments of perishable goods are stopped at the border and excessive inspections frequently cause delays.
In stark contrast with Latin America’s rich history of financial crises and turbulence, this time around the region’s financial systems have weathered the current global volatility and the Great Recession rather well.
Why should then one want to conduct an extensive study on financial issues in Latin America and the Caribbean? We think the study, Financial Development in Latin America & the Caribbean, the Road Ahead, is timely because the region still faces substantial developmental gaps and issues that require attention.
In Burundi, a World Bank-supported project focused on educating female sex workers about the risks of contracting HIV/AIDS and other diseases has contributed to Burundi's overall declining infection rate.
Thirty years after the HIV/AIDS virus first appeared, more than 34 million people world-wide are living with HIV. Sub Saharan Africa is most heavily impacted; some 68 percent of all those living with HIV live in the region. Despite the high prevalence, the HIV incidence rate declined by more than 25 percent between 2001 and 2009 in 22 Sub-Saharan Africa countries. In West and Central Africa, HIV prevalence remained under two percent in 12 countries.
UNAIDS Executive Director Michel Sidibé outlines what the global community is doing to further fight HIV/AIDS in Africa.
I recently had the opportunity to organize and take part in an exchange learning visit to Thailand and Vietnam. The visit was aimed at improving the effectiveness of Ethiopia’s land administration system by enhancing stakeholders’ understanding of the sector’s policies and institutional constraints and how to address them through integrated but multi-faceted reforms and programs.
Over the past decade, Ethiopia has successfully implemented the worlds’ largest rural land registration program. The registration is implemented equitably and with clear positive impacts on conflict, productivity, investment, and rental market participation. However, constraints still exist. There’s a disconnect between urban and rural registration and administration, stagnant policy revisions remain, and there is often weak institutional capacity to act on and implement innovative ideas with the required speed.
When I first entertained the idea of heading to the Far East to learn from the experiences there, I was very skeptical and thought Vietnam and Thailand were just way too far… and I don’t just mean geographically. Once I arrived there, I realized that I was wrong and was pleasantly surprised to discover lots of very useful lessons that can help to initiate, improve, or at least reaffirm the course of Ethiopia’s land administration system.
Mamtoai puts her blue token key into the slot of the standpost and out flows water.
It is an early spring morning in October and the sun shines brightly in Lower Ha Thetsane, an area of Maseru, Lesotho, where Mamtoai lives. Other women and young kids are busy chatting as they wait for their turn to collect water. Mamtoai fills up her 20-liter plastic container, snaps the lid tight and raises it up in the air to carry the heavy load on the crown of her head.
The installation of pre-paid water standposts that provide piped and treated water in Ha Thetsane is recent. The distance to a communal tap, installed long ago when the area was a rural settlement, used to be far longer. If pipes or taps were broken, water would be lost and turn the earth floor into mud. The cost of water tanked by local entrepreneurs to these peripheral areas could vary hugely - invariably much higher than the formal regulated water system. To expand water distribution, Lesotho’s largest utility the Water and Sewerage Company WASCO has installed water standposts into areas like Ha Thetsane.
Every fall at Social Capital Markets (SOCAP), the who’s who of impact investing and social enterprise convene in San Francisco to network and share stories about topics like market-based solutions to poverty, social stock exchanges, and just how much capital is waiting to be deployed to solve the world’s toughest problems. It’s inspiring to be sure, especially the growth in the number and diversity of participation. It’s no longer the sole domain of Ashoka, Skoll, and Schwab who have paved the way for so many others. Today, mainstream Banks from Europe to Asia, fund managers, and wealth advisors are sending a signal that doing good and doing well is a more enlightened form of capitalism.
But behind all the feel-good energy and promises that impact investing will be a $50 billion industry by 2020, there are gaps in the story line and challenges that we must confront as a community. First, there is no clear definition of an impact investor. The industry brings together those who are primarily driven by a financial bottom line (finance first) with those who are seeking to optimize a social return without making a loss (impact first), and finally grant makers who are aiming to improve the efficiency of philanthropic capital (largely foundations). Their world views are different, their expected returns are different, and how they use the same vocabulary (e.g. impact, viability, and sustainability) varies widely.
In 2007, for the first time in human history, 50 percent of the global population lived in urban areas. The United Nations predicts that this figure will rise to 69 percent by 2050. A significant part of this urbanization is taking place in developing countries as a result of natural growth within cities and large numbers of rural–urban migrants in search of jobs and opportunities. Rapid urban growth tends to overwhelm developing cities, where there is already a struggle to develop infrastructure.
I have lived in Lagos, Nigeria all my life. Lagos city is the economic capital of Nigeria with the country's higest population density at 4,193 people per square kilometer. The U.N. estimates that the population of my city will hit 16 million by 2015 making it the worlds 11th largest urban system.
A combination of official neglect, corruption, extreme poverty coupled with rapid, largely uncontrolled, population growth has led to the decay of Lagos’ existing city infrastructure, which determines how livable a city is. Specifically, the human waste (sewage), water and sanitaion systems are largely inadequate. The infrastructure is poorly organized and not controlled. It is common to see drinking water pipes pass through open drainage systems. At times, these systems receive human waste as a result of locals opening their septic tanks into them or the tanks leaking. The city does not treat all of the human waste generated by millions of individuals every day. This waste is emptied directly into the Lagos lagoon. The urban poor are affected the most. Because the drinkable water infrastructure is so poor, many Lagosians depend on satchet water, local water vendors, private boreholes or expensive water filtaration units for their the daily domestic and sanitation needs.
To find innovative solutions to water and sanitation development challenges, the World Bank and the Water and Sanitation Program are reaching out to new, rather unlikely partners. Computer programmers, designers and other information technology specialists were invited by the World Bank and various technology partners to compete for 48 hours in 10 cities around the world this month. Their aim: to create the easily deployable, scalable, and sustainable technological tools that respond to specific water and sanitation challenges in developing countries.
The UN Population Division has determined that the 7 billion world population mark will be reached today, October 31, 2011. This week’s Economist, the Guardian online, and the New York Times have written on this already, and other news media are following suit. Having produced the World Bank’s demographic projections for some years, and now working as a demographer in the World Bank’s Africa Region, let me add my perspective to the mix.
The approximate date of the world reaching the 7 billion mark is no surprise. When the Bank issued demographic projections back in 1985 (linked to World Development Report 1984– the only one in the series to have specifically focused on the demographic aspects of development), the 7 billion milestone was forecast for early 2011. This is quite close to the current estimate, especially when you consider the projection span of 26 years. At the global level, demographic projections are fairly reliable (but less so for individual countries or small regions).
Although Results-Based Financing (RBF), an approach that allocates public funds based on the achievement of specified results, has had some practical successes in the health and education sectors, its use in the sanitation sector has been limited. Identifying the Potential for Results-Based Financing for Sanitation by Sophie Trémolet looks at the potential for application.
It is hard, especially on the eve of only the second democratic elections in DR Congo, to find a topic about which a diverse group of distinguished Congolese agree. So, we expected little agreement when we brought together a diverse group of Congolese to contextualize the September 14, 2011 seminal speech of World Bank President Robert Zoellick at George Washington University on the theme “Beyond Aid.”
We were hoping to promote a public debate on policy choices and foster demand for good governance. We also aimed to set the foundation for the implementation of our Africa Strategy in this country. Participants included Congolese intellectuals; renowned politicians; parliamentarians; a respected cleric; renowned journalists; a lady who once ran for president; a key member of the current government; a prominent lawyer; and a women’s rights advocate.
Our guests dealt with the speech as if it had been written about DR Congo. The discussions went further. The talk could have been convened under the title “Beyond, Beyond Aid”.