Since gaining independence in 1971, food security issues in Bangladesh have been amongst the highest priorities on the government’s agenda. This is because Bangladesh faces a number of demographic, social and ecological challenges, which make it particularly vulnerable to food insecurity. These challenges are further exacerbated by climate change, including the consequences of sea level rise. Silent threats such as soil and river salinity and arsenic contamination have direct and indirect effects on agricultural production and households’ access to food.
In order to target the continuing food security threats the Government of Bangladesh has developed a number of high level policy initiatives, including Vision 2021 and the related Perspective Plan. Achieving food security is also a key objective of the country’s poverty reduction strategy and has been recognised to be the highest risk in the Bangladesh Climate Change Action Plan. Strategic objectives include realizing universal food security, which implies that the country needs to be not only self-sufficient in terms of food production but also manage equitable distribution of nutritious food. Ensuring universal food security is particularly challenging given the multidimensional nature of the food security concept which comprises food availability, physical and financial access to food, food utilisation and food stability.
Obtaining consistent estimates on poverty over time as well as monitoring poverty trends on a timely basis is a priority concern for policy makers. However, these objectives are not readily achieved in practice when household consumption data are neither frequently collected, nor constructed using consistent and transparent criteria.
For nearly three-fifths of the world population, the lack of access to energy is a major challenge to economic development and poverty reduction.
Increasing cross-border trade in electricity can play a major role in helping overcome these challenges. Trade in electricity can help bring down energy prices, mitigate against power shocks, relieve shortages, facilitate decarbonization and provide incentives for market extension and integration.
Yet, countries have been reluctant to trade electricity across borders. Global exports of electricity are currently around 3 percent of total production. This is an anomaly in the energy sector. Think of oil. Roughly 64 percent of all oil produced is traded between countries.
A recent working paper published by the World Bank looks at the institutional arrangements of regional power pools in both developing regions and those in developed countries. In understanding how the regional integration of electricity markets has developed, the paper is able to draw useful lessons for the promotion of future trade arrangements.
On Oct. 9, the first TEDxWBG will take place in Washington, D.C. A special group of thinkers, artists, and doers will come together and look at the theme of ending poverty from multiple perspectives.
It is heartening that, as we approach 2015 and the end of the Millennium Development Goals, there seems to be strong political will for continued progress, along with interesting data that suggest ending poverty may be possible in our lifetime. While the statistics show a dramatic drop in poverty over the last 30 years, serious challenges remain.
How can economic growth benefit more people? What will it take to double the share of renewables in the global energy mix? Will the world have enough food for everyone by 2050? You can hear what experts have to say on these topics and others, ask questions, and weigh in at more than 20 webcast events from Oct. 7 to 11. That's when thousands of development leaders gather in Washington for the World Bank-International Monetary Fund Annual Meetings. Several events will be live-blogged or live-tweeted in multiple languages. You can also follow the conversation on Twitter with #wblive and other hashtags connected to events. We’ve compiled a sampling of events and hashtags below. Check out the full schedule or download the Annual Meetings app for Apple devices and Android smartphones.
In the context of development, globalization has always had two facets. For the advocates of globalization, it has facilitated financial and economic integration around the world and has played a substantial role in reducing poverty in many developing countries. For those who oppose it, it has introduced new challenges such as economic structural changes, huge income inequality and development disparities across and within developing countries. The changing development landscape with globalization calls for the necessity of reconsidering effective development aid strategies.
Vietnam has achieved remarkably high and inclusive GDP growth since the late 1980s. GDP growth per capita increased three-and-a-half-fold during 1991-2012, a performance surpassed only by China. The distribution of growth has been as remarkable as its pace: the bottom 40% of the population’s share in national income has remained virtually unchanged since the early 1990s, ensuring that the rapid income gains got translated into shared prosperity and significant poverty reduction.
GDP growth, however, has been operating on a lower trajectory since 2008. This has led to questions regarding the sustainability of the growth process, and, with it, Vietnam’s ability to bounce back to about 7-8% per capita growth. Analysts have voiced concerns over declining total factor productivity growth and growing reliance on capital accumulation. Moreover, a number of competitiveness issues routinely get raised by private investors, including: a widening skills gap, limited access to finance, relatively high trade and transport logistics costs, an overbearing presence of the SOEs, and heavy government bureaucracy that makes it difficult for businesses to operate in Vietnam.
These are some of the views and reports relevant to our readers that caught our attention this week.
Mapping Digital Media: Global Findings
Open Society Foundation
Is a world where there are almost as many mobile phones as people, more than half the globe can access digital TV signals, and almost 3 billion people are online a better place for journalism? The Global Findings of the Mapping Digital Media project assess these and other forces affecting digital media and independent journalism worldwide. Researched and written by a team of local experts, the 56 country reports, from which these Global Findings are drawn, examine the communication and media environments in 15 of the world’s 20 most populous countries, covering more than 4.5 billion of the world’s population, and in 16 of the world’s 20 largest economies.
Global Inequality: What to Address?
We normally would not expect a seven-hundred-page scholarly tomb full of numbers and figures written by an academic to become an international bestseller. The success of Capital in the Twenty-First Century by Thomas Piketty indicates that the public discontent caused by the rising inequality in the modern capitalist societies may have reached a boiling point. The debate surrounding Capital has been intensely polarizing, inciting passionate responses from the intelligentsia of both the Left and the Right.