According to conventional wisdom, capital flows are fickle. They are fickle more or less independent of time and place. But different flows exhibit different degrees of volatility: FDI is least volatile, while bank-intermediated flows are most volatile. Other portfolio capital flows rank in between, and within this intermediate category debt flows are more volatile than equity-based flows.
Agribusiness is en vogue, fostered by a new understanding of the agricultural sector as a major contributor to overall growth and poverty reduction and through its linkages with the manufacturing and services sector.
In order to efficiently link farmers and consumers across countries and regions, quantifying and analyzing agribusiness trade flows is key. But how can we measure international agribusiness trade flows in a systematic way to identify important patterns?
If you speak to any African parent, she or he will usually very quickly point out how important it is for her or his children to attend school. Literacy and education do not only confer social status, but also crucially, improve livelihood opportunities and incomes, and lead to better health and well-being. Indeed, when the International Rescue Committee (IRC) and its partners asked community members in hundreds of locations of the Eastern DRC about their top local priority, better education consistently came first.
- Do not conflate “international carbon markets” with “internationally transferred mitigation outcomes.”
- Be cautious about the apparent gains from linking emissions trading markets.
- Create contracts between developed and developing country governments for internationally transferred mitigation obligations.
Urban population in Africa will double within the next 25 years and reach 1 billion people by 2040, but concentration of people in cities has not been accompanied by economic density.
Typical African cities share three features that constrain urban development and create daily challenges for businesses and residents: they are crowded, disconnected, and therefore costly, according to a new report titled “Africa’s Cities: Opening Doors to the World.”
How do we deliver higher-quality health services in low-capacity settings?
This is the question that we have sought to answer through a long-standing impact evaluation (IE) research collaboration with the Nigerian Ministry of Health and the Bill & Melinda Gates Foundation. The results of this collaboration will be presented at the World Bank on February 8 at Beyond the Status Quo: Using Impact Evaluation for Innovation in Health Policy. This one-day event will bring together policymakers, practitioners, and academics to discuss policy implications and ways to further promote and strengthen capacity for evidence-informed policy.
In the ongoing debate about the benefits of trade, we must not lose sight of a vital fact. Trade and global integration have raised incomes across the world, while dramatically cutting poverty and global inequality.
Within some countries, trade has contributed to rising inequality, but that unfortunate result ultimately reflects the need for stronger safety nets and better social and labor programs, not trade protection.