In most economies, parents would like to see their children have a higher standard of living, and with it a better life, than they had themselves. When children are asked, they too tend to consider their parents a natural benchmark to compare their economic progress against (Goldthorpe, 1987; Hoschschild, 2016, Chetty at al., 2017). A simple measure that captures this notion of progress is the percentage of children who managed to surpass their parents, which we will refer to as absolute mobility. Chetty et al. (2017) find that the United States did exceptionally well by this measure for the generations born in the 1940s and 50s, when over 90 percent of children managed to do better than their parents in terms of income. Absolute mobility in the United States has since faded to around 50 percent for the current generation. How has absolute mobility fared elsewhere in the world? In which economies do children have the best chances to improve upon their parents? Are the highest rates of absolute mobility observed in economies that are starting from a low base?
In June 2015, after two days of heavy rain, flood water washed away Sarah’s small store in Accra, which provided for her family of three (1). The flood that hit the city in June 2015 affected around 53,000 people in the city and caused an estimated US$100 million in damages. Slum areas in the Odaw basin were among the worst hit.
Koshi is 4 days old. She was born in a small village near Hyderabad (Sindh, Pakistan) and is one of four siblings – all girls, all under the age of 10. Her parents were hoping that this time it would be a boy, but perhaps better luck next time? Her mother is worried that if she doesn’t give birth to a boy, she will be stigmatized. Family planning is out of the question – not that she and her husband have even discussed this. She worries about her girls’ well-being too. They are underweight and get sick a lot. She wants them to grow up healthy and get an education. Koshi’s father is worried about them too. He is a tenant farmer with a meager income. He already struggles to provide the basic necessities – food, clothing, shelter. Even if they marry young, how will he arrange their dowries? Of course this is only if Koshi and her sisters live long enough.
Koshi’s chances of survival are slim.[ii] The situation in Sindh is worse than the national average, and the risk of deaths is higher in its rural areas where access to healthcare and other social services is more limited.
Having a primary health center near the village and local lady health workers for example will improve the girls’ chances of access to healthcare and childhood immunization – necessary for protection against diseases such as measles, polio, and diphtheria that still take a heavy toll on children’s lives. It also improves the mother’s access to skilled birth attendance. .[iv]
More than one billion people globally – about 15% of the world’s population – are estimated to have a disability. Most of them live in developing countries. This number is expected to increase as aging, war and conflict, natural disasters, forced displacement, and other factors continue to affect the prevalence of disability.
They encounter attitudinal and environmental barriers that hinder their full and effective participation in society on an equal basis with others.
and ensures their participation in all stages of development programs. With a focus on social inclusion, disability-inclusive development is directly responsive to the World Bank’s twin goals of ending extreme poverty and boosting shared prosperity.
Disability Inclusion and Accountability Framework
with significant strides in operations and analytical work.
This has culminated in World Bank’s first Disability Inclusion and Accountability Framework, which offers a roadmap for:
- Including disability in the World Bank’s policies, operations, and analytical work; and
- Building internal capacity for supporting clients in implementing disability-inclusive development programs.
The Framework has been launched today on the occasion of the 11th Conference of States Parties to the Convention on the Rights of Persons with Disabilities at the United Nations, the premier international gathering of governments, development practitioners, and civil society working on disability inclusion.
How will the Framework support development work?
The Framework provides four main principles for guiding the World Bank’s engagement with persons with disabilities:
- Nondiscrimination and equality
- Inclusion and participation
- Partnership and collaboration
The appendices to this Framework highlight key areas of engagement for a significant impact on the inclusion, empowerment, and full participation of persons with disabilities.
These areas include transport, urban development, disaster risk management, education, social protection, jobs and employment, information and communication technology, water sector operations, and health care.
The Framework is a living document that will be reviewed periodically and strengthened with new focus areas and evidence to reflect ongoing developments.
We invite you to download the Disability Inclusion and Accountability Framework. We hope you find it useful for your work to build inclusive, resilient, and sustainable cities and communities for all.
A lack of economic opportunities in countries located closer to the Syrian Arabic Republic is among the factors explaining Daesh recruiting successes
The world has experienced a dramatic increase in the number of terrorist attacks since 2000 and especially since 2011. More than 100 countries were affected in 2016, with OECD countries suffering the highest number of casualties since the 9/11 attacks. The transnational nature of terrorism has become more salient with the emergence of multinational terror groups such as Al-Qaeda or, more recently, the Islamic State in Iraq and the Levant (ISIL, also known as ISIS or Daesh, its Arabic acronym). The United Nations estimates that more than 25,000 foreign fighters went to the Syrian Arab Republic and Iraq between the start of the Syrian civil war in 2011 and September 2016 to fight for either Daesh or the Al-Nusra Front.
Asha, from Udaipur District in Rajasthan, used to sell vegetables in a nearby town. Over time, this traditional village woman observed that flowers were in demand near the town’s main temple for use as ritual offerings. With encouragement from Manjula, a micro enterprise consultant under the Bank’s Rajasthan Rural Livelihoods Project (RRLP), Asha began cultivating marigolds on part of her family farm where millets had always been grown. She has devoted a larger area of her farm to floriculture, and started a nursery to grow flower saplings to sell to other aspiring marigold farmers. Asha is now looking to expand her sapling nursery by renting more land, for which she is seeking a bank loan.
Outside Kathmandu in Nepal, Ambika Ranamgar used to work for building contractors, cutting marble and laying tiles in houses under construction. Then she struck out on her own. With encouragement and support from a community mobilizer under the Nepal Poverty Alleviation Fund (NPAF), Ambika took a loan of Rs. 80,000 ($740) to buy her own equipment, including a marble-cutting machine and a generator to power the machines during the city’s frequent power cuts. She then scouted for work visiting local hardware stores, and gradually began to get more clients. Ambika’s income has now more than doubled from her daily wage of Rs. 600 to reach between Rs. 1,000 to 1,500 rupees per day. She is now focused on getting more business and managing her supplies and workers. At the time we visited her, Ambika had employed five workers, including her husband, and was busy laying the flooring for two houses.
To facilitate Foreign Direct Investment (FDI), Sri Lanka launched last week an innovative online one-stop shop to help investors obtain all official approvals. To mark the occasion, this blog series explores different aspects of FDI in Sri Lanka. Part 1 put forth 5 Reasons Why Sri Lanka Needs FDI. Part 3 will relate how the World Bank is helping to improve Sri Lanka’s enabling environment for FDI.
But it was not always the case.
. Others including Marubeni, Sony, Sanyo, Bank of Tokyo and Chase Manhattan Bank, had investments in Sri Lanka in the pipeline in the early 1980s.
All this changed when the war convulsed the country and derailed its growth. Companies left and took their foreign direct investments (FDI) with them.
In 2017, Foreign Direct Investment (FDI) into Sri Lanka grew to over $1,710 billion including foreign loans received by companies registered with the BOI, more than doubling from the $801 million achieved the previous year.
This places significant importance on continuous skills training to prepare the workforce ready for future jobs. For this, what are the policy options for Bangladesh? How can the country move forward to ride the wave of the changing tide while leveraging the burgeoning youth population?
To answer these questions, and contribute towards the skills dialogue, an International Skills Conference was organized recently in Dhaka under the theme “Building Brands for Skills of Bangladesh”. The conference brought together national and international policymakers, skills development practitioners, academics, and researchers, from China, Singapore and India for two days of knowledge sharing and networking.
Organized by the Technical and Madrasah Education Division of the Ministry of Education of Bangladesh and supported by the Directorate of Technical Education and the Skills and Training Enhancement Project (STEP), the conference covered topics ranging from connecting skills and jobs to future proofing technical education institutions to raising the brand of skills of Bangladesh. After two days of knowledge sharing, two important themes emerged:
Activities of the Temporary Income Support Program, or PATI / World Bank
With collaboration of Emma Monsalve.
The 2008-09 financial crisis significantly affected El Salvador. The economy, as measured by gross domestic product, contracted 3.1 percent in 2009. The crisis seriously affected employment: between 2008 and 2009, more than 100,000 Salvadorans, or 3 percent of the labor force, became unemployed or under-employed.
The North Atlantic hurricane season officially opens June 1, and there are predictions that storms this year could be worse than average again. That would be bad since last year was the costliest year on record for coastal storms. Communities and countries across the Caribbean and SE USA were particularly hard hit. The need for resilient solutions to reduce these risks is paramount.
Nonetheless it has been difficult to convince most governments and businesses (e.g., insurance, hotels) to invest in these natural defenses in the absence of rigorous valuations of these benefits.
So in 2016 The Nature Conservancy teamed with the World Bank and scientists from the public, private and academic sectors to identify how to rigorously value the flood protection benefits from coastal habitats. In short, we recommended that we value this ecosystem service by adopting tools and from the engineering, risk and insurance sectors and following an Expected Damage Function (EDF) approach. This approach assesses the difference in flooding and flood damages with and without coastal habitats such as mangroves across the entire storm frequency distribution (e.g., 1-in-10, -25 and -100 year storms).