Photo: ItNeverEnds | Pixabay Creative Commons
The digital economy has emerged as a key driver of growth and development across the world. According to Huawei and Oxford Economics, it accounted for 15.5% of global GDP in 2016 and this share is expected to increase to 24.3% by the year 2020—growing 2.5 times higher than the overall growth of the global economy.
However, along with rapidly increasing digitization, we are witnessing an exponential increase in cyber risks. These have potentially huge financial impacts that could place entire economies and societies in jeopardy. Such threats now typically include privacy breaches, cyber fraud, denial-of-service attacks, and cyber extortion. There are many examples just within the last few years. For instance, a cyber attack on Ukraine’s power grid in 2015 caused serious power outages, and in 2016, the Central Bank of Bangladesh lost $81 million in a cyber heist. That same year, more than 3.1 billion records were leaked globally.
While traditional approaches such as establishing computer emergency response teams and national cyber security agencies are important, there is a need to engage more actively with both public and private entities through new institutional structures, new technologies, and new business models. Cyber risk insurance is one tool that can help address these challenges.
Information and Communication Technologies
Blockchain is the subject of considerable hype, thanks largely to the rise (and fall and rise...) of high profile digital currencies. Beyond this spotlight, development experts and innovators are exploring whether the technology behind cryptocurrencies can be leveraged to advance gender equality.
Blockchain is a distributed ledger technology that facilitates peer-to-peer transactions without using an intermediary. (The technology is also notoriously difficult to follow, but we find this brief video helpful and this talk explains blockchain well, if you have a bit more time.) Put simply, the system is maintained by collaboration, code and sometimes competition. Many experts refer to Google Docs to explain the concept: multiple users can access the same document simultaneously and they can all see the changes. This feature potentially makes it suited for validating records and processing financial transactions in the absence of strong institutions.
On my visit to Kathmandu in January, I visited the Khabar Garaun 1145 (Inform Us) helpline set up to support survivors of Gender Based Violence (GBV).
In a small room, two operators respond tirelessly to callers as part of a 24 hour, seven days a week service. They assess callers’ needs, and refer them to receive legal aid, psycho-social support, child support and shelter. Each entry, whether it comes in by phone, email or text message, is carefully recorded through an online system, that eases the task of tracking and referring cases. The referrals connect them to response service providers including the Nepal Police, One-Stop Crisis Management Centers run by the Ministry of Health, and Non-Governmental Organizations.
Since its launch by the National Women Commission (NWC) in December 2017, the helpline has received 1,938 calls from women seeking assistance to deal with GBV, with 180 cases being registered. Cases are registered only after a preliminary assessment is conducted, and immediate necessary support provided. It is heartening that so many survivors are coming forward to report cases. But the numbers are clearly alarming.
There are various social restrictions that prevent women from speaking out and reporting incidents of gross injustice.In fact, this is pioneering work by a government agency that can be a model for other countries, an innovation to note as we mark International Women’s Day. But it also illustrates the disturbing extent of GBV in Nepal, which is a leading cause of death for adult women.
Recently, an incident of a gang rape of a 21-year old woman was reported to the helpline. As follow up, the NWC counselor personally visited the survivor and traumatized family members and provided psychosocial and legal counseling, before referring the case. The survivor's husband was grateful for the support NWC provided – from counseling to collecting evidence and strengthening the case that resulted in a verdict to arrest perpetrators.This is the kind of concrete support that is needed for women across the world.
Egypt is a market of more than 100 million people and full of opportunities for the trained entrepreneurial eye. Like many developing nations, Egypt seems to have a struggling job market, but many see this as a blessing in disguise. In a country where millions are looking for jobs, there are also millions who give up on the search and create their own opportunities. This might seem far-fetched, but the reality is that poor people in developing nations are extremely entrepreneurial – probably even more so than in developed countries. Professor Ha-Joon Chang captured this fact in his book, 23 Things They Don’t Tell You About Capitalism.
One of the best decisions in my life was to reject a job offer from a big corporation and embark on an entrepreneurial start-up journey. Indeed, the journey has been tough and there were, and still are, bumpy roads, but the rising entrepreneurial spirit across the country has been extremely uplifting. I have been in the Egyptian entrepreneurial ecosystem for the past few years and I consider myself well connected and quite informed about everything that has been happening. But I can say with confidence that what the country has been seeing in the past few years is very promising and inspires us to do more.
Over the past decade, delivery systems for safety net programs in developing countries, particularly in Africa, have been largely paper-based. Social assistance projects in these settings often conjured pictures of tedious long lines to fill out paper registration and attendance forms, ink-based thumb printing to receive payments, manual verification of beneficiaries using a combination of different ID cards, as well as high levels of unintentional administrative errors, corruption and fraud.
With more than 1.1 billion individuals without official proof of identity, a myriad of technologies is advancing at a faster speed than ever before and becoming more affordable, making it possible for nations to leapfrog paper based approaches of the past. Yet, it is becoming a challenge to understand and keep up with the various technologies and advancements that are especially relevant for digital identification systems. Identification for Development (ID4D) launches a new Technology Landscape report providing an overview of current and emerging technology trends in digital identity.
. Technology choices can also enable identification systems to lead to tangible benefits across a range of areas, such as financial inclusion, health services, and social protection for the poorest and most vulnerable. This #ID4D Technology Landscape report reminds us that additional factors and risk mitigating measures need to be considered when choosing certain #digitalidentity technology. These include the need for proper privacy and data protection, open standards and vendor neutrality, that match with cultural contexts, economic feasibility and infrastructure constraints.
For three days this month, the West African nation of Senegal was in the spotlight of global efforts to combat climate change and improve education in a rapidly changing world.
French President Emmanuel Macron and Senegal’s President Macky Sall co-hosted a conference in Dakar to replenish the Global Partnership for Education (GPE) – a funding platform to help low-income countries increase the number of children who are both in school and learning.
African leaders and partners stepped up to announce their commitment to provide an education that prepares children to compete in the economy of the future and advances socio-economic progress.
Heads of state from across the continent described their challenges—including terrorism, insecurity, the influx of refugee children who need an education, the strain on national budgets, and the cultural bias against educating girls.
Technological advances have made it possible to dramatically increase the accountability and transparency of public financing to reduce corruption. For example, if a government decides to construct a road, it can now track how each dollar is being spent, identify all the users of the funds, and ensure that only those authorized to spend money do so on originally intended expenses within the permitted time. Fraud and corruption investigations that now take on average 15 months could be performed at the touch of a button and at a fraction of the cost. More importantly, this type of financial tracking would be a deterrent for bribes in the public sector, which amount to between $1.5 trillion and $2 trillion annually, roughly 2 percent of global GDP. This in turn would increase development impact. All it would take is adopting a cryptocurrency and using blockchain software.
Even before the protractive conflict, implementing development projects in some of the most remote and disadvantaged districts in a number of Yemeni governorates faced significant challenges. To address these challenges, and overcome some of the problems related to access to these remote areas, Yemen’s Social Fund for Development (SFD) devised a program in 2004 to attract youth interested in volunteering to promote development. In its first phase, this program — known as “Rural Advocates Working for Development (RAWFD)” — targeted a number of male and female students from these remote areas and provided them with a development-related program while they are attending universities in major cities. After graduation, these young graduates made a big difference in facilitating SFD operations and activities of other national and international organizations in their home areas.
Today, for the International Day of Women and Girls in Science, we celebrate the progress made towards reducing the gender gap in computer science, and we urge schools worldwide to help balance the scales in this critical 21st century subject.