The availability of poverty data has increased over the last 20 years but large gaps remain
About half the countries we studied in our recent paper, Data Deprivation, Another Deprivation to End are deprived of adequate data on poverty. This is a huge problem because the poor, who often lack political representation and agency, will remain invisible unless objective and properly sampled surveys reveal where they are, and how they’re faring. The lack of data on human and social development should be seen as a form of deprivation, and along with poverty, data deprivation should be eradicated.
I am lucky that my family is safe. We have been fortunate. The majority of the people in Kathmandu are camped out in makeshift tents set up at various open spaces across the city — schools, army barracks and open fields. Some of these are coordinated by the rescue workers while others are set up by local residents. In some places, cremations happen only 5 meters away from where people sleep. The rain makes it very difficult in an already emotionally scarring time. This is just in Kathmandu.
Rural areas, where 80% of Nepalis live, are devastated. Entire villages have disappeared, buried under landslides triggered by the multiple quakes. Where they haven't, village houses, made mainly of mud and wood, have been reduced to dust, leaving people exposed to the elements. This is happening in some of the most difficult-to-reach hilly and mountainous terrain.
The number of casualties rises by the hour. Although my family and I are safe, many of my friends have lost relatives. Many people we know no longer have their houses. Our staff’s granddaughter needs to have her leg amputated. My "Didi" who took care of me as a child and is a second mother to me - lost her cousin who was crushed when their house collapsed. She really does not even know how to begin to mourn, knowing she still has to keep herself and many other safe.
The heritage we have lost is equally unimaginable. Centuries-old temples and palace squares are down in dust. Imagine the Due Torri in Bologna or the Washington Monument in Washington D.C. crumbling into rubble. The loss has been demoralizing.
The international community has reacted swiftly and relief efforts are in full swing. Hercules and IL-76 military aircrafts have been flying around the clock bringing in supplies, relief materials and workers. Kathmandu, a valley, has only two major highways connecting it to the rest of the world by land - one with China and one with India. Reports of damage to those highways has limited what can be brought into the city by land.
However, this is the just the beginning. The greatest challenges are yet to come. The monsoon season is just a month away. The wet monsoon months are synonymous with outbreaks of various diseases including dysentery, cholera, and hepatitis. With many people's homes destroyed, crowded camps will continue to provide refuge in the coming months. Such densely packed and crowded places with poor hygiene conditions will be ripe breeding grounds for diseases, especially in Kathmandu, where clean water is a scarcity even under normal circumstances.
Here’s my plea to everyone reading this.
The first response has been absolutely fantastic and lifted our spirits, but the support will need to be sustained over time. Relief will not only be limited to rebuilding but also preventing disease outbreaks, which will be more prevalent during the monsoon months.
We will need clean water, medication, waterproof clothes, and infrastructure support to build hygienic camps for people who have lost their homes.
Dealing with potential outbreaks will be more challenging with this devastation. Please support organizations involved in Nepal’s relief effort and also help build awareness around the impending health and sanitation issues.
It has been a very scary last few days. It has been the first time that I’ve had to confront my own mortality: sitting, waiting in the eerily quiet night knowing there will be another shock. But also overcoming this anxiety to help my family and everyone at home, and then, once they are safe, the rest of the country.
We need your support. Nepal needs you.
Blog in English: http://blogs.worldbank.org/endpovertyinsouthasia/nepal-needs-your-support
Blog in Spanish: http://blogs.worldbank.org/voices/es/nepal-necesita-su-ayuda
Blog in Arabic: http://blogs.worldbank.org/voices/ar/endpovertyinsouthasia/nepal-needs-your-support
Blog in French: http://blogs.worldbank.org/voices/fr/le-nepal-a-besoin-de-votre-aid
What we're doing in Nepal: http://www.worldbank.org/en/country/nepal/brief/fact-sheet-world-bank-do...
On April 18 close to 300,000 people united under a warm sun on the National Mall in Washington, DC, for Global Citizen 2015 Earth Day, a momentous day-long mix of advocacy and entertainment, urging citizen action to help end extreme poverty by 2030 and stop climate change.
Musical acts alternated possession of the stage with a diverse cadre of global leaders making policy commitments and calling citizens to action throughout the eight-hour event. Superstars like Mary J. Blige, Usher, and the band No Doubt roused the massive crowd which spilled out on green grass around the iconic Washington Monument. More than 2 million people tuned into the live webcast on YouTube.
“2015 is the time for global action. You have the power, your generation can change, your generation can make a difference,” UN Secretary General Ban Ki-moon told the crowd, sharing the stage at the end of the event with World Bank Group President Jim Yong Kim and IMF Managing Director Christine Lagarde.
Whether you’re a food producer or consumer, and no matter what part of the world you live in, I’m sure we can agree: The world needs a food system that can feed everyone, everyday, everywhere.
A food system that works for everyone can also create jobs and raise the incomes of smallholder farmers and rural residents who are 78 percent of the world’s poor people. After all, growth originating in agriculture is proven to be 2 to 4 times more effective at reducing poverty than growth originating in other sectors. An effective food system can also provide better nutrition, steward the world’s natural resources, and even be a part of the solution to climate change.
Lower oil prices are a boon for oil importers around the world. But how well are oil-producing countries adapting to the apparent end of a decades-long “commodity supercycle” and lower revenues? And what does this mean for the global economy?
World Bank economists provided insights on the situation in six developing regions at a webcast event April 15 ahead of the World Bank Group-IMF Spring Meetings. The discussion focused on the challenge of creating sustainable global growth in an environment of slowing growth.
World Bank Chief Economist Kaushik Basu said the global economy is growing at 2.9% and is “in a state of calm, but a slightly threatening kind of calm. … Just beneath the surface, there’s a lot happening, and that leads to some disquiet, concern – and the possibilities of a major turnaround and improvement.”
The vibrant city of Peshawar is getting ready to host the 2nd Digital Youth Summit (May 7-9, 2015, Shiraz Arena). Co-organized by the KP IT Board, Peshawar 2.0 and the World Bank, the Digital Youth Summit is a tech conference and startup expo gathering participants from Pakistan and all over the world passionate about tech entrepreneurship. While there is a lot of excitement about how technology fuels entrepreneurship, there has also been a quiet and steady rise of the ‘e-lancer’
What is e-lancing? Exactly what you think it is. E-lancing is free-lancing for the digital age. Powered by ICT tools and the internet, e-lancing allows independent tech savvy workers connected to the internet access to the global labor market. Over the past years, even ‘physical’ workspaces have started to get virtual through tele-conferencing, video meetings etc. Many are very convinced by the benefits of ICT-enabled remote work and the flexibility that comes with it while others caution that it may not be the holy grail people tout it to be. However everyone is in agreement about one thing: ICT reduces barriers and distances making the global market more accessible than ever.
All you need is a computer and an internet connection. Thanks to ICTs, e-lancing is booming and there are multiple platforms where employers and e-lancers can “meet” and do business. These virtual marketplaces functions like a Craigslist for skilled tasks: employers post tasks and e-lancers respond to posted tasks and submit offers. Once selected, the e-lancer starts working remotely for his/her client. In most cases, the e-lancing platforms remain the center for all main interactions (payments, reviews, messaging, etc.) between the employer and the on-line worker so to ensure transparency and avoid frauds.
The world economy today presents itself as a diverse canvas full of challenges and opportunities. Advanced economies continue to struggle towards recovery, with the US on its way to tighten monetary policy as the economy picks up while a still weak Eurozone awaits quantitative easing to kick in. At the same time, plunging oil prices have set in motion significant real income shifts from exporters to importers of oil. Astonishingly, amidst all this turmoil, South Asia has emerged as the fastest growing region in the world over the second half of 2014. Led by a strong India, South Asia is set to further accelerate from 7 percent real growth in 2015 to 7.6 percent by 2017, leaving behind a slowing East Asia gradually landed in second spot by China.
While bolstered by record low inflation and strong external positions across the region, the biggest question yet to be addressed by policy makers in South Asia will be how to make the most of cheap oil.
All countries are net oil importers as well as large providers of fuel and related food subsidies, therefore bound to benefit from low oil prices. However, the biggest oil price dividend to be cashed in by South Asia is one yet to be earned, and not one that will automatically transit through government or consumer accounts. The current constellation of macroeconomic tailwinds provides a unique opportunity for policy makers to rationalize energy prices and to improve fiscal policy. Decoupling external oil prices from fiscal deficits may decrease vulnerability to future oil price hikes – something that may very well happen in the medium term. Furthermore, cheap oil offers a great opportunity to introduce carbon taxation and address the negative externalities from the use of fossil fuels.
The World Bank’s latest South Asia Economic Focus (April 2015) titled “Making the most of cheap oil” provides deeper insights regarding South Asia’s diverse policy challenges and opportunities stemming from cheap oil.
A first major realization is that the pass through from oil prices to domestic South Asian economies is as diverse as the countries themselves, thanks to a variety of different policy environments across countries and oil products. This is also reflected in recent dynamics, seeing India taking determined action towards rationalizing fuel and energy prices, even introducing a de facto carbon tax and beginning to reap fiscal and environmental benefits. Other countries have so far shown less or no enthusiasm towards reform, in spite of significant and/or increasing oil dependency (particularly in electricity generation, one of the region’s weak spots).
History “is a critical science for questioning short-term views, complicating simple stories about causes and consequences, and discovering roads not taken. Historical thinking – and not just by those who call themselves historians – can and should inform practice and policy today. . . . History can upset the established consensus, expand narrow horizons, and ‘keep the powerful awake at night.’ In that mission lies the public future of the past.” -- "The History Manifesto"
Lace up your running shoes and summon your stamina: At the starting line of the Spring Meetings sprint, policymakers and economy-watchers are now poised for an adrenaline-fueled week of debates on diplomacy and development at the World Bank Group and the International Monetary Fund.
History hangs heavily over the Bank and Fund this week, amid an animating awareness that “2015 is the most important year for global development in recent memory,” as World Bank Group President Jim Yong Kim declared in a speech last week at the Center for Strategic and International Studies. In an environment that has provoked dire warnings by the IMF’s Christine Lagarde about the danger of prolonged low-growth, high-unemployment “secular stagnation” – with “the new mediocre” threatening to become “the new normal” – this week’s meetings will be just the starting-point in a series of events in 2015 that could define the development agenda for decades.
A July conference in Addis Ababa will determine the financing mechanisms for future development initiatives. A September summit at the United Nations in New York will adopt a detailed set of Sustainable Development Goals. A December forum in Paris will adopt – or reject – a worldwide treaty to restrain climate change. Along the way, the Bank and Fund will convene policymakers – in Lima rather than Washington – for the Annual Meetings in October.
Pulling off a success at any one such summit would be a dramatic achievement. Delivering triumphs at all three summits might require masterstrokes of diplomacy.
“When we look at the longer-term picture,” said Kim in his CSIS speech, “we see that the decisions made this year will have an enormous impact on the lives of billions of people across the world for generations to come." The challenges that Kim and Lagarde analyzed in their pre-Spring Meetings speeches require “governments [to] seize the moment” – starting this week – if they hope for success in the Addis-UN-Paris trifecta.