In October, hundreds of representatives of civil society organizations, public and private sector representatives, journalists and international organizations gathered in Copenhagen for the 18th International Anti-Corruption Conference. This annual conference is viewed by many as a leading forum in the field of anti-corruption.
Globally, over one billion people – 15% of the population – live with some form of disability, according to the World Health Organization’s World Report on Disabilities. Beyond their physical, mental or sensory impairments, people with disabilities face barriers for inclusion in different aspects of life. They tend to have fewer socioeconomic opportunities, more limited access to education and higher poverty rates. Stigma and discrimination are sometimes the main barrier to their full, equal participation. How can this situation be addressed?
Tax avoidance by the world’s wealthiest people and largest companies is widespread. The excuse is that such avoidance is legal. Rich individuals and corporations look for jurisdictions that have low or no tax on personal or corporate income, on dividends, on capital or R&D expenditure. They base their business activities there, at least for the purposes of taxation.
Editor's note: This blog post is part of a series for the 'Bureaucracy Lab', a World Bank initiative to better understand the world's public officials.
The World Bank's Bureaucracy Lab has been inspired by the folks at the Development Impact blog to highlight some of the best PhD work on the various academic job markets.
After months of early NY Penn Station mornings trying to remember whether to get on the Amtrak north to New Haven or south to DC, I am thrilled to transition from incoming Chief Economist to Chief Economist. We have so many fascinating problems to tackle and I truly hope my experience and humble efforts will contribute to the Bank’s mission.
Without effective public scrutiny, the risk of money being lost to corruption and misappropriation is vast. Citizens, rightly so, are demanding more transparency around the process for awarding government contracts. And, at the end of the day, corruption hurts the poor the most by reducing access to essential services such as health and education.
Its annual average economic growth of 7.6 percent between 2007 and 2017 far exceeds the average global growth rate of 3.2 percent.
This high growth has contributed to reducing poverty: Extreme poverty was mostly eradicated and dwindled from 8 percent in 2007 to 1.5 percent in 2017, based on the international poverty line of $1.90 a day (at purchasing power parity).
Access to basic services such as health, education and asset ownership has also improved significantly.
The country has a total of 32 hospitals and 208 basic health units, with each district hospital including almost always three doctors.
The current national literacy rate is 71 percent and the youth literacy rate is 93 percent.
The recent statistics on lending, inflation, exchange rates and international reserves (Sources: RMA, NSB) confirm that
Gross foreign reserves have been increasing since 2012 when the country experienced an Indian rupee shortage.
Reserves exceeded $1.1 billion, equivalent to 11 months of imports of goods and services, which makes the country more resilient to potential shocks.
The nominal exchange rate has been depreciating since early 2018 (with ngultrum reaching Nu. 73 against the US dollar in early November).
International Debt Statistics 2019 presents statistics and analysis on the external debt and financial flows (debt and equity) for the world's economies for 2017. This publication provides more than 200 time series indicators from 1970 to 2017 for most reporting countries. To access the report and related products you can:
- Download the full publication (PDF)
- Download or query the database
- Visit the IDS 2019 Products Page
- Access the statistical tables
- Visit the debt portal for a range of related content
- View the "about the data" section for a full description of the concepts and definitions in IDS.
This year's edition is released just 10 months after the 2017 reference period, making comprehensive debt statistics available faster than ever before. It presents comprehensive stock and flow data for individual countries and for regional and analytical groupings.
In addition to the data published in multiple formats online, IDS includes a concise analysis of the global debt landscape, which will be expanded on in a series of Debt Bulletin over the next year.
Downloading the data is easy. At the microdata library, you'll see a screen that looks like this:
End Poverty Day fell on the 17th of October. Two weeks later, the new Doing Business rankings come out for this year.
If you’re wondering what the link is, here’s a quick summary:
This is one of those happy instances where economics, common sense and the data align.
Then the market responds- not only do these employers create more jobs, but also going to offer better jobs to attract capable workers to their companies.
Ultimately, a reliable source of income is the catalyst to moving out of poverty.
Sounds too simple? Trust the numbers.