Bangladesh has made remarkable progress toward ending poverty and sharing prosperity with more of its people. As recently as 2000, about one in three Bangladeshis lived in extreme poverty based on the national poverty line; today, this has fallen to 13 percent. The poorest 40 percent of the population also saw positive per person consumption growth. Like in most countries, a key reason was broad-based growth in earnings. With more than 20 million people still living in extreme poverty and many workers with insecure jobs, Bangladesh cannot be complacent. It needs faster economic growth that can deliver more and better jobs for everyone.
Last week, a tanker truck, one of many roaming the streets of Kabul, navigated through bumper-to-bumper traffic, going past government buildings and embassies, to Zanbaq Square. When stopped at a checkpoint, more than 1,500 kg of explosives that had been hidden in the tank were detonated. It was 8:22 am and many Afghans were on their way to work and children were going to school. The explosion killed 150 commuters and bystanders, and injured hundreds more. This is just one of many incidents that affects Afghans’ lives and livelihoods.
Conflict has constantly increased over the past years, spreading to most of Afghanistan, with the number of security incidents and civilian casualties breaking records in 2016. According to the Global Peace Index, Afghanistan was the fourth least peaceful country on earth in 2016, after Syria, South Sudan, and Iraq. The intensification and the geographical reach of conflict has increased the number of people internally displaced. According to the latest United Nations Office for the Coordination of Humanitarian Affairs (OCHA) data, over 670,000 people were internally displaced in 2016 alone.
Against this backdrop, our recent World Bank report, the “Afghanistan Poverty Status Update: Progress at Risk”, shows that not surprisingly violence and insecurity pose increasing risks to the welfare of Afghan households. Approximately 17 percent of households reported exposure to security-related shocks in 2013–14, up from 15 percent in 2011–12 according to data from the Afghanistan Living Conditions Survey (ALCS). This is largely in line with the actual incidence of conflict incidents as reported by the United Nations Department of Safety and Security (UNDSS).
In the first 6 months of this year, Sri Lanka has experienced a number of major events that demonstrate exactly how critical managing the environment is: Drought, landslides, a garbage avalanche, flash floods — and many other events at scales that have not caught the attention of those not affected. The damage to lives and assets, and the disruption to routines that make us who we are psychologically and spiritually is tough to live through and slow to reverse – if it ever does.
So why would we leave thoughts on sustainable environmental management to just one single day a year? We typically celebrate “Environment Day” by picking up rubbish around the city or from the rivers, or the sea; or by participating in a charity walk, or a charity run, and so forth. The excitement builds, everyone engages and the next day everyone moves on to “more pressing matters” until the next calamity, and the blame game starts all over again.
Let me assert the following key point: Nothing will change until we all see ourselves as part of the problem and part of the solution. For many of these issues we can make a difference, every day!
In Brazil, where I come from, we are crazy about football, so I grew up listening to football matches. At the end of a match, the reporters would interview the main scorer of the day, who would often say that he was just lucky to receive the ball at the right place.
The commentator would then say that “good luck is a combination of ability and opportunity”. This story comes to mind when thinking of India’s economy over the past two years.
India has been lucky indeed. In the fiscal year ending March 2016 (FY16), the sharp decline in oil prices generated what economists call a positive “terms-of-trade” shock, which lifted growth.
A terms-of-trade shock means that the things you buy suddenly become cheaper relative to the things you sell, allowing you to buy more things.
In the fiscal year that just ended, CSO data that was released recently shows that the good monsoons helped agriculture propel growth. Notwithstanding disruption from demonetization, agricultural wages have continued to grow, along with their purchasing power as rural inflation declined.
But India has also implemented good policies, which allowed it to take advantage of the external shocks. The government took advantage of declining oil prices to eliminate fuel subsidies and hike taxes on carbon-emitting petroleum products, a win for the environment and a win for the exchequer.
When people think about New Zealand’s most famous son, Sir Edmund Hillary, they mostly think about the quiet Auckland bee-keeper who conquered Everest in 1953.
Of course, there’s much more to the man. He raised money for the Sherpa communities in Nepal that built schools, hospitals and much more. His commitment to the people of South Asia was also reflected in his successful term in the 1980s as New Zealand’s High Commissioner to India.
As the most senior New Zealander in the management of the World Bank, I have come to appreciate Sir Edmund’s commitment to the people of South Asia and believe it shows how much New Zealand can offer the world. This will not only make the world a better place but can also help New Zealand too.
The World Bank is releasing its flagship report highlighting the state of the Indian economy, its future growth prospects, the impact of the recent currency exchange on the economy, and the benefits that the progress on the Goods and Services Tax (GST) will have moving forward.
What foreign speakers say about DYS17!
Foreign delegates to Digital Youth Summit 2017 reflect on their experiences, and the bright minds of youth in Khyber Pakhtunkhwa. Many thanks to all the foreign delegates for visiting Peshawar from May 5-7, 2017! #DYS17 #KPITB #KPGoesTech #KPWentTech Imran Khan (official)Shahram Khan Tarakai Official Khyber Pakhtunkhwa Information Technology Board - KPITB World Bank South Asia Jazz USAID Pakistan UNDP Pakistan Gloria Jean's Coffees Pakistan Anna O'Donnell Sam Bretzfield Iliana Montauk Justin Wong Alexander Ferguson Max Krueger Nicola MagriPosted by Digital Youth Summit on Thursday, May 18, 2017
Entrepreneurs and technologists from Pakistan and around the world converged last week at the Digital Youth Summit (DYS) in Peshawar to share their knowledge, inspire local talent, and bring digital investments.
Over four days, 4,000 attendees, some as young as age 10, interacted with industry leaders, engaged in technology demonstrations, and benefitted from hands-on training. Everyone learnt a lot about digital entrepreneurship and was inspired by many cutting-edge innovations.
Here are six of them that struck a high note with me:
Sessions on Facebook Live. Did you miss the summit, want to learn more about digital entrepreneurship, or simply want to relive highlights of DYS? Jazz xlr8 and OurKPK livestreamed many sessions at DYS. Inspired to start or grow your own business after watching the sessions? There are also resources to support you at the National Incubation Center and Khyber Pakhtunkhwa’s Youth Employment Program!
Travel Across Pakistan
Travel Startups that made me want to travel across Pakistan. Let’s face it, I have a serious case of wanderlust and few things make me happier than going to new places, connecting with people, and gaining insights and perspectives I was unaware of before. For people outside of Pakistan may know of it as a country full of beauty and tourism potential. However, two of the winners of DYS’s Startup Cup in which budding companies presented their products and services to prospective investors changed my perspectives. Watch these two videos made by travel platform Find My Adventure and home-sharing company Qayyam and tell me if they also inspire you to travel across Pakistan!
“I was a completely broken person before, a person who was not able to confront the hardship of life,” says Pashtuna, a 32-year-old poultry farmer who lives in the Herat province with her husband and five children.
A beneficiary of the National Horticulture and Livestock Project she decided to attend the Farmers Field School. Upon completion of her training, she received 100 laying hens and access to equipment, feed, and animal vaccines. Pashtuna was able to maintain 80 laying hens and generated a AFN 560 income, half of which she kept to buy poultry food. “Thanks to the poultry farm and the grace of God, I can afford my life and I have a bright vision for my family future,” she says.
Revitalizing agriculture and creating agriculture jobs is a priority for the Government of Afghanistan and the World Bank Group as the sector can play an important role in reducing poverty and sustaining inclusive growth.
Until the late 1970s, Afghanistan was one of the world’s top producer of horticultural products and supplied 20 percent of the raisins on the global market. The country held a dominant position in pistachio and dried fruit production, and exported livestock and wool products to regional markets.
Unfortunately, decades of conflict destroyed much of Afghanistan’s agricultural infrastructure. The last fifteen years, however, have witnessed positive and inspiring changes in the lives of Afghan farmers, such as Pashtuna.
While focusing on rebuilding infrastructure, reorganizing farming communities and identifying vulnerabilities and opportunities, the Ministry of Agriculture, Irrigation and Livestock (MAIL) has brought new ideas and innovations to the agriculture sector in Afghanistan.
“Over the past five years, important changes in the practice and direction of agriculture have demanded greater expectation on performance and responsiveness of our Ministry, as well as other institutions of the government,” explains Assadullah Zamir, Afghanistan’s Minister of Agriculture, Irrigation and Livestock. “And the demand by women and men farmers, who have discovered the potential of improved methods of growing fruits and vegetables and producing livestock, has been recasting the relationships between MAIL and our clients, the farmers.”
Thirty-year old Vijaya (name changed) spent 10 years of her life not talking to anybody. Her parents were daily wage laborers, scraping together a sparse living in India’s southern state of Tamil Nadu. Unaware of any treatment, and afraid of being stigmatized or shunned by their community, they did not disclose their daughter’s illness to anyone. Instead, Vijaya suffered in silence, confined to the house, and hidden from public view.
It was only when the Tamil Nadu government’s Mental Health Program (TNMHP) reached out to their community that Vijaya’s life underwent a dramatic change. After six months of working with the program’s community facilitators, Vijaya’s parents took her for treatment, and within a year, the young woman began interacting with others more frequently.
Poor mental health places a huge burden on individuals, families, and society. From developed countries to emerging market economies, mental disability – ranging from common mental disorders such as depression to severe mental illnesses and retardation – has profound impacts on people’s economic and social well-being.
As cited in “Out of the Shadows: Making mental health a global development priority” in 2010 alone, depression cost an estimated US$800 billion in lost economic output. What’s worse, these costs are expected to double by 2030.
Shortly after the Soviet invasion in 1979, the World Bank suspended its operations in Afghanistan. Work resumed in May 2002 to help meet the immediate needs of the poorest people and assist the government in building strong and accountable institutions to deliver services to its citizens.
As we mark the reopening of the World Bank office in Kabul 15 years ago, here are 15 highlights of our engagement in the country:
- Sustainable Communities
- Urban Development
- Social Development
- Public Sector and Governance
- Private Sector Development
- Migration and Remittances
- Law and Regulation
- Labor and Social Protection
- Information and Communication Technologies
- Global Economy
- Financial Sector
- Climate Change
- Agriculture and Rural Development
- South Asia