About two thousand years ago, the country built one of the world’s first irrigation system to control its water supply.
This feat of engineering, which boasted hundreds of kilometers of channels, tanks, and innovative valve pits, helped the great kingdoms of Anuradhapura and Polonnaruwa flourish into sophisticated societies and protect their people against hunger.
Today, building resilience to natural disasters and other shocks is more critical than ever.
Sri Lanka is no exception. The country ranked fourth most vulnerable to climate change in 2016.
Further to that, a recent World Bank report indicates that
The losses caused by significant shocks like natural disasters have long-lasting consequences.
Children, especially, can suffer permanent damages if they are not educated or fed correctly in their critical early years.
And the loss of assets, livestock, and crops can severely hurt small business owners and farmers and further discourage them from investing.
And while some people gradually restore their standards of living, some never fully recover and get stuck in poverty.
But the poor aren’t the only ones who need to worry about shocks.
Our analysis of the 2016 Household Income and Expenditure Survey reveals that a 20 percent sudden decrease in household welfare—or consumption shock—would more than double the poverty rate: almost 1 in 10 Sri Lankans would be poor.
If the shock triggered a 50 percent decrease in consumption, one in three Sri Lankan families would fall into poverty.
Further to that, rural or urban infrastructure, the commitment levels of teachers, and the nature or extent of corruption in the community can affect how a female student will perform in school.
In general, the past many years of conflict and political unrest in Afghanistan have damaged the country’s education system; eroding the quality of staffing and curriculum.
As a result, the unfavorable political economy has blocked policy reforms and their implementation, taking a toll on the quality of education services.
This has led to weakened governance.
PovcalNet released new poverty estimates last week, indicating that in 2015, 10 percent of the global population were living on less than the international poverty line (IPL), currently set at US$1.90 per person per day in 2011 purchasing power parity (PPP). This estimate is based on a series of new data and revisions, including more than 1,600 household surveys from 164 countries, national accounts, population estimates, inflation data, and purchasing power parity data. The new poverty numbers were released on September 19 and will be part of “Poverty and Shared Prosperity 2018: Piecing Together the Poverty Puzzle,” a report to be published on October 17, End Poverty Day.
We’re also launching a Global Poverty Monitoring Technical Note Series which describes the data, methods and assumptions underpinning the World Bank’s global poverty estimates published in PovcalNet. With this update, we’re releasing four new notes in this series, including the “What’s New” note that will accompany each of the semi-annual updates to PovcalNet. The other notes cover different aspects of the price adjustments embedded in the global poverty estimates, such as adjustments for inflation and price differences across countries
Begun as a research project by Martin Ravallion, Shaohua Chen and others, PovcalNet has become the official source for monitoring the World Bank’s Twin Goals, the Millennium Development Goals (MDG), and now Sustainable Development Goal 1.1. PovcalNet is managed jointly by the Data and Research Groups within the World Bank’s Development Economics Division. It draws heavily upon a strong collaboration with the Poverty and Equity Global Practice, which is responsible for gathering and harmonizing the underlying survey data.
PovcalNet does much more than simply providing the most recent global poverty estimates. It’s a computational tool that allows users to estimate poverty rates for regions, sets of countries or individual countries, over time and at any poverty line. It also provides several distributional measures, such as the Gini index and income shares for the various decile groups.
The most recent PovcalNet data show us that over the last few decades, remarkable progress has been made in reducing extreme poverty. The world attained the first MDG target—cutting the 1990 poverty rate in half by 2015—six years ahead of schedule. With continued reductions, the global poverty rate, defined as the share of world’s population living below the IPL, has dropped from 35.9 percent in 1990 to 10 percent in 2015 – more than a 70 percent reduction.
In the last quarter century, global poverty dropped by more than 70 percent
As you can see in our new report, What a Waste 2.0: A Global Snapshot of Solid Waste Management to 2050,
Poorly managed waste is contaminating the world’s oceans, clogging drains and causing flooding, transmitting diseases, increasing respiratory problems from burning, harming animals that consume waste unknowingly, and affecting economic development such as through tourism.
Without urgent action, these issues will only get worse. Here’s what everyone should know.
Globally, extreme poverty has rapidly declined. New poverty estimates by the World Bank suggest that the number of extremely poor people—those who live on $1.90 a day or less—has fallen from 1.9 billion in 1990 to about 736 million in 2015.
However, the number of people living in extreme poverty is on the rise in Sub-Saharan Africa, comprising more than half of the extreme poor in 2015. Forecasts also indicate that by 2030, nearly 9 in 10 extremely poor people will live in Sub-Saharan Africa. Find more information and the latest poverty estimates at World Bank PovcalNet and Poverty & Equity Data portal.
Last year, Afghanistan became the 60th country to join Scaling Up Nutrition (SUN), a global movement to end malnutrition, and thus signaled its strong commitment to invest in a better future for its citizens.
—or of low height for their age.
and will reduce their potential to contribute toward their country’s growth and prosperity.
On the other hand, a well-nourished child tends to complete more years of schooling, learns better, and earns higher wages in adulthood, thereby increasing the odds that he or she will escape a life of poverty.
As such, , which in turn can help boost its economic growth, productivity, and human capital development.
To help the Afghan government invest in better nutrition, the South Asia Food and Nutrition Security Initiative (SAFANSI), the Ministry of Public Health (MoPH), World Bank and UNICEF have partnered to determine what it would take to reach more children, women, and their families and provide them with essential nutrition services that would ultimately reduce stunting and anemia.
African widows often face considerable disadvantage relative to married women in their first union. How much so depends on the society they live in, with pronounced hardship in some contexts, yet benefits to widows in others. In the absence of effective policies, their situation is likely to depend heavily on the social-cultural norms applying to women following widowhood. In a recent paper, Annamaria Milazzo and I investigate this issue by comparing the well-being (as measured by BMI and rates of underweight) of young (15-49) Nigerian widows and non-widows across Christian and Muslim groups using the Demographic and Health Surveys (DHS) of 2008 and 2013.
Home to Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka, South Asia is one of the world’s most dynamic regions.
It's also one of the least integrated.
A few numbers say it all: Intra-regional trade accounts for only 5 percent of South Asia’s total trade; Intra-regional investment is smaller than 1 percent of overall investment.
The journey is ongoing as Nepalis continue to confront and challenge the conventional wisdom about Nepali statehood and chart a path towards a more inclusive, equitable and modern nation-state.
The new federal structure also redefines the World Bank Group (WBG)’s engagement with Nepal. This week, as the WBG’s Board of Executive Directors endorsed a new five-year Country Partnership Framework (CPF), Nepal’s Finance Minister Yuba Raj Khatiwada attended a series of Nepal Day events at the WBG headquarters in Washington DC. There, he unfurled the new government’s vision and development priorities and discussed approaches to address Nepal’s financing and knowledge needs in the WBG’s upcoming programme of assistance.
. To that end, our strategy and approach seeks to support the authorities and engage with development partners in three transformative engagement areas: (i) public institutions for economic management, service delivery and public investment; (ii) private sector-led jobs and growth; and (iii) inclusion for the poor, vulnerable, and marginalised groups, with greater resilience against climate change, natural disasters, and other exogenous shocks. These focus areas were informed by extensive consultations and surveys across the country’s seven states with over 200,000 citizens, government, civil society organisations, the private sector, media and development partners.
In many respects, Nepal is starting from a clean state. While Nepal did practise a limited version of decentralisation in the early 2000s, the scope of devolution proposed by the 2015 Constitution is unprecedented. Meanwhile, reforms promise to rid the country of a legacy of exclusion based on geography, ethnicity and gender.
Over the last decade, Nepal experienced frequent government turnover and political fragmentation with a considerable toll on development. The 2017 elections mark a significant turning point, in that they offer higher hopes for political stability and policy predictability that remained elusive during most of Nepal’s recent past. This is a considerable achievement.
While the national poverty estimates await updating starting next year, at last count, poverty fell from 46 per cent in 1996 to 15 per cent in 2011 as measured by the international extreme poverty line. However, most of the poverty reduction resulted from the massive outmigration of labour, and a record increase in private remittances. Moreover, a significant disparity remains in poverty incidence across the country.
Nepal now faces the daunting task of adapting to a three-tier structure in the face of nascent and often-nonexistent institutions at the sub-national levels. Immediate challenges include the need to clarify the functions and accountabilities of the federal, state and local governments; deliver basic services and maintain infrastructure development; enable the private sector; and ensure strong and transparent governance during the early years of federalism. Meanwhile, if left unmet or unmanaged, heightened public expectations of federalism could rapidly degenerate from anticipation to disillusionment. . Nepal needs to grow in the order of at least 7 to 8 per cent and shift from remittance-led consumption to productive investment. The economy also remains exposed to exogenous shocks like earthquakes, floods and trade disruptions. These long-standing economic vulnerabilities will require far-reaching but carefully-calibrated reforms.