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Agriculture and Rural Development

Energy prices gain 7 percent in May–Pink Sheet

John Baffes's picture
Energy commodity prices gained more than 7 percent in May, with advances in U.S. natural gas (+27 percent), coal (+12 percent) and oil (+7 percent), the World Bank’s Pink Sheet reported.

Non-energy prices changed little as a 1.4 percent gain in beverages was balanced by a 2 percent loss in raw materials and a 1.1 percent decline in Fertilizers.

Metals prices gained 0.4 percent, led by nickel (+3 percent) and aluminum (+2 percent).

Precious metals prices lost 2.1 percent, led by a similar decline in gold.

The Pink Sheet is a monthly report that monitors commodity price movements.
 
Commodity prices advanced in May

Source: World Bank.

How Donkey 'School Buses' Benefit Early Grade Children in The Gambia

Alison Marie Grimsland's picture

Rising at 7:00 am to take children to school may seem like a regular activity for many. But what about bringing ALL your community’s youngest children to school, on a donkey cart no less?
 
Every morning, children from the Sinchou Demben village in central Gambia meet Malang Demto. Stick in hand and a smile on his face, he leads them to the closest elementary school, located approximately three kilometers away. Mr. Demto is a farmer who for a little over a year has also overseen the village’s ‘school bus,’ the donkey-pulled cart he drives to Sare Babou.

The 2018 Atlas of Sustainable Development Goals: an all-new visual guide to data and development

World Bank Data Team's picture
Download PDF (30Mb) / View Online

“The World Bank is one of the world’s largest producers of development data and research. But our responsibility does not stop with making these global public goods available; we need to make them understandable to a general audience.

When both the public and policy makers share an evidence-based view of the world, real advances in social and economic development, such as achieving the Sustainable Development Goals (SDGs), become possible.” - Shanta Devarajan

We’re pleased to release the 2018 Atlas of Sustainable Development Goals. With over 180 maps and charts, the new publication shows the progress societies are making towards the 17 SDGs.

It’s filled with annotated data visualizations, which can be reproducibly built from source code and data. You can view the SDG Atlas online, download the PDF publication (30Mb), and access the data and source code behind the figures.

This Atlas would not be possible without the efforts of statisticians and data scientists working in national and international agencies around the world. It is produced in collaboration with the professionals across the World Bank’s data and research groups, and our sectoral global practices.
 

Trends and analysis for the 17 SDGs

My journey to Aden

Faiza Hesham's picture
Aden, Yemen - By Ahmad Omar Lajam

In October 2017, I departed on vacation from Amman to Yemen. When I arrived in Aden, my hometown, Aden received me with its sunny and hot weather that melted the icy coating around my intense longing to see the city again and the pain of being away from my family and beloved country for over two and a half years.

Why commodity prices are rising, in nine charts

John Baffes's picture
Commodity prices strengthened in early 2018, supported by supply and demand factors, including accelerated global growth, which has lifted demand for most industrial commodities, and supply constraints affecting others.

Chart 1: Commodity prices are forecast to rise across the board

The energy price index is anticipated to rise 20 percent in 2018, largely on strengthening of oil prices. The increase is a 16-percentage point upward revision from October 2017. Metal prices are projected to increase 9 percent in 2018 due to a further pickup in demand. Agricultural prices are forecast to gain more than 2 percent.
 
2018 commodity price rise forecasts (percent change from 2017 to 2018)
Source: World Bank

Innovative agribusinesses could drive agriculture modernization in Sri Lanka

Andrew D. Goodland's picture

Agribusiness can help drive prosperity in Sri Lanka – and we know just the entrepreneurs to do it. Over the last few months, we have seen over 1000 proposals come pouring in for consideration under the matching grants scheme (MGS) for agribusiness.  Today, the Government will sign the grant documents with the first entrepreneurs to make the cut.



The winning proposals lay out a clear plan for commercial and export-oriented agriculture initiatives that facilitate private sector investment, provide technical assistance, strengthen farmer producer organizations and promote smallholder–agribusiness partnerships.
 
The goal is to increase their competiveness, business orientation and market position in order to make them more attractive business partners in the value chain. It’s an ambitious task, but Sri Lanka’s agri-entrepreneurs have risen to the challenge.
 
Matching grants scheme supports agribusiness
 
The matching grants scheme, implemented by Sri Lanka’s Ministry of Primary Industries comes under the Agriculture Sector Modernization Project. Supported by the World Bank, with additional funding from the European Union, the project is implemented through the Ministry of Primary Industries, the Ministry of Agriculture, and five participating provinces including the Northern, Eastern, Central, North-Central and Uva Provinces.
 
A rigorous and transparent selection process was used to create a shortlist. Successful applicants would be offered up to 50 percent of the investment required through the scheme, matched by their own funds or raised from commercial loans.  
 
These small enterprises need the boost. Today, beside a few major agriculture companies, most operators in Sri Lanka are small-scale cultivators who face problems related to low productivity and lack of diversification, absence of market linkages, non-availability of inputs and limited access to credit facilities. Farmers are not organised and tend to focus on low value crops that limit income generation.

#AfricaCAN: Retired nurse reinvents her career as an entrepreneur

Sarah Farhat's picture



"I grew up raised by two parents who were farmers, but as I grew up, I hated farming." That's one of the first things I heard as I met with Ntuba Masena, the owner of a fruit and vegetable drying business in Lesotho. Ntuba remembered spending long days plowing the fields with her parents, and as a result, agriculture was the last thing on her mind. It's safe to say that it has been an unusual journey for the 61-year-old retired nurse who had reinvented herself as an entrepreneur and small business owner.

Promoting better nutrition in Bhutan

Izabela Leao's picture
 Izabela Leao / World Bank
School children singing and dancing in Samtse Dzongkhag. Photo Credit: Izabela Leao / World Bank

Bhutan is no ordinary place.

A landlocked Himalayan kingdom tucked in a mostly rugged mountainous terrain between India and China, it measures prosperity by assessing its citizens’ level of happiness by way of a Gross National Happiness index.

Equally striking, Bhutan’s constitution mandates that 60 percent of its national land be preserved under forest cover, making Bhutan the world’s only carbon-negative country.

Bhutan’s geography – with land rises ranging from 200 meters in the southern foothills to 7,000 meters in the high northern mountains – consists of three major agro-ecological zones that allow for a rich biodiversity and seasonal foods.

This natural wealth, however, comes with its caveats as Bhutanese living in isolated rural areas can’t access a reliable diverse diet throughout the year.

"Many families in rural Bhutan practice two meals rather than three meals a day," reports Ms. Kinley Bidha, Tarayana Foundation Field Officer in Samtse Dzongkhag. "Some for cultural reasons, others due to a shortage of food, others due to a shortage of land too farm," she adds.

Overall socio-economic development in the last three decades has led to a rapid improvement in health and nutrition outcomes in Bhutan – the country’s infant mortality rate declined to 30 per 1,000 live births in 2012 down from 90 per 1,000 in 1990; while the rate of stunting in children under 5 years declined 24 percent from 1986 levels.

Nonetheless, the lack of variety of foods in diet remains a key concern, especially for pregnant and nursing women as well as young children. And while most families feed their children complementary food, fewer than a quarter of parents provide them nutritious meals essential to their health.

In addition, 67 percent of Bhutanese adults consume less than the recommended five servings (or 400 grams) of fruits and/or vegetables per person a day [National Nutrition Survey (NNS) 2015].

When consumed, vegetables consist for the most part of two national staples, potatoes and chilies, which hardly provide essential vitamins and minerals.

Keeping regional variations in mind, between 16 and 34 percent of children under 5 are stunted—or too short for their age—seven percent of children are underweight, 35 percent of children of age 6-59 months and 44 percent of women of reproductive age are either anemic or iron deficient. Exclusive breastfeeding rates for six-month-old children remain at a low 50 percent (NNS, 2015).  

Damages caused by malnutrition during pregnancy and the first years of a child’s life are irreversible and contribute to stunting and lower immunological and cognitive development, and predispose to adult-onset diseases (including metabolic syndrome).

Thankfully, the negative impact of malnutrition on Bhutan’s economy is now better understood and has become a priority to promote its national development.


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