The World Bank is releasing its first-ever comprehensive study of container ports in South Asia, examining the competitiveness of major ports across the region and suggesting ways they can work more efficiently to boost trade.
The report, to be formally launched on April 27, examines the performance of the ports, which handle about 75 percent of the region’s trade by value, and assesses the role that the private sector, governance, and competition have played in their development.
Trade has been key to South Asia’s remarkable economic average annual growth rate of about 6.7 percent since the beginning of the century, the second-highest in the world after East Asia.
By improving the transport infrastructure, including ports, and easing bottlenecks that hinder the flow of goods, the World Bank is helping South Asia lower its high logistics costs, capture a bigger share of the global market and create more jobs, supporting its progress toward becoming a middle-income region.
First, I’m just very excited to meet everyone there! I’m eager to learn and share.
Second, Peshawar! The oldest city in Pakistan! So much history!
Third, and most importantly, I’m looking forward to being part of a great movement. Let me explain.
Private equity firm JAB just bought Panera (a bakery, sandwich, and salad chain) for $7.5 billion. Yes, that’s billions of dollars. Nvidia (a graphic and mobile computing company) had a stock price of around $14 a share in 2012. Today, shares are worth $100 and it has a market valuation of $57.8 billion. What do these two very different companies, operating in completely separate markets, have to do with each other?
Future focused innovation.
Many people think that all innovation is future focused. Innovation within a company is a function of its strategic direction. If the company is simply about reducing costs and maintaining it’s market share, then innovation tends to be about present operations and marketing. It’s about efficiency or managing growth. Panera and Nvidia are different.
Early on Panera perceived a shift in casual diners patience for waiting. Consumers in big cities want good food without the wait … so, in 2014 they started deploying digital technologies to cut waiting times and allowed advanced orders. Many other restaurants are now trying to follow their lead, a couple of years too late. Yes, Panera has quality food and good locations and from that, their trajectory of growth was good. But they wanted to be decisively better than their competition. They needed to get to capabilities no company had. They needed to get innovative with digital in order to deliver their great food. They are decisively winning now.
In 2016 Nvidia introduced the worlds fastest processing unit for automobile AI. They are also dominant in virtual reality hardware. Years ago, when Nvidia had to start building for the future, there wasn’t clear and present demand for high powered computing on mobile, virtual reality, and self-driving automotive platforms. But they made the decision to innovate for the future and now, they own it.
Why am I excited to go to DYS 2017? Because it’s very likely that someone in attendance will create a disruptive service or technology. You will build a company around it or sell it and use the proceeds to create 10 more services or technologies. I can’t wait to see all the ideas and energy around improving the future!
In several economic infrastructure sectors, India enjoyed a strong track record of harnessing Public-Private Partnerships (PPPs). Private sector investments in infrastructure more than tripled from the 10th Plan Period (2002-07; INR 2 trillion) to the 11th Plan (2007-12; INR 7.3 trillion). Between these plan periods, private sector share in infra investments increased from 22% to 38%. For a considerable period of time, on the score of mobilizing infrastructure investments through private participation among developing countries, India ranked 1st in Energy and Transport sectors and 2nd in Telecom (behind Brazil).
This erstwhile success of India’s PPP program is attributable to well-crafted reform efforts by the government, and ably executed by the private sector, banks and other financial intermediaries. Following the economic liberalization initiated in the early 1990s, the government has created an enabling environment for private participation through several sector-specific and cross-sectoral initiatives, e.g., relaxing entry norms, tax concessions, independent regulation in telecom and power, mobilization of additional revenues through tolls and cess on fuel, establishment of a viability gap fund mechanism and India Infrastructure Financing Company Limited, etc. The financial intermediaries, too, quickly moved up on a steep learning curve to cater to this new and challenging mode of delivering infrastructure services. Private sector responded enthusiastically and seized these opportunities to develop their own capabilities and progressively build larger and complex projects. Today, private sector operators are serving more than 90% of the mobile phone users, owning ~40% of the power generation capacity, built and operating a substantive portion of arterial network of national highways, besides world-class airports in four metros and container handling facilities at many ports.
Much more than just funding by the World Bank under its Technical Education Quality Improvement Project (TEQIP) has clearly helped COEP not just arrest the slide in academic standards but also reemerge among the top ranking engineering colleges in the country where both the faculty and the students take pride in being meritorious.
Trophies and certificates of merit can be seen displayed not just in COEP director Prof Bharatkumar B. Ahuja’s airy room in the restored heritage building, which houses the administrative office, but in many other workshops and main halls of the college. Prof Ahuja states with pride that after IITs, it is the first choice of students from the state.
In an environment where industry is known to be critical of most engineering colleges, COEP has received Rs. 1 crore worth scholarships for students this year. Many of the industries are coming forward to help the college set up labs for promoting innovation. Having got autonomy, a precondition under the World Bank project, COEP is striving to achieve university status to push ahead with its programme to introduce more specializations and research. It boasts of 118 PhDs among its 217 faculty members.
During a recent visit, unmindful of the high temperature in the tin roofed workshop of the yore, enthusiastic students could be seen engaged in club activities like robotics, racing car, 3D printing, etc. The college has over 30 clubs including a satellite club, where like in a relay race projects are started and taken forward by next batch of students. On the fourth floor of one of the buildings, in a makeshift station the satellite club members monitor and communicate daily with the communication polar satellite Swayam ( the fourth student satellite from India) when it passes over Pune. The club is now working on a new satellite - Solar Sail - with research funding from ISRO.
This year, perhaps even more than in previous years, I am very excited to come to DYS for two main reasons.
First, since its inception in 2014, the Digital Youth Summit has become one of the premier technology conferences in Pakistan. Back in 2014, we got some skeptical responses to the idea of holding a tech conference in Peshawar. National speakers were hesitant to make the trip to Peshawar. Security restriction on international travel were in place for KP up to a week before the event. Several international speakers dropped out because of difficulties getting visas.
But in 2014, the first Digital Youth Summit came on the tech scene, redefining Khyber Pakhtunkhwa as an emerging digital economy. The event brought together local and international participants (some attending their sessions by videoconference) to deliberate on supporting the growth of nascent ecosystems. Local youth showed up, curious about how the internet is shaping jobs of the future. I met one young woman who had traveled on an overnight bus with her child and sister just to learn more about what it means to work online. She told me excitedly that she could not wait to begin her new internet based career. And for the international speakers who made it, the hospitality and warmth of Khyber Pakhtunkhwa reshaped their views of Pakistan.
Fast forward three years to DYS 2017. DYS has become an established event in Pakistan’s tech community. It has provided an international platform to showcase the vibrancy and enthusiasm of Khyber Pakhtunkhwa as it embraces the digital economy. And while it continues to identify with its core objective—to raise awareness among youth—it has also become a platform for Pakistan’s tech community to deliberate the growth of tech entrepreneurship, the future of digital payments, and how to promote Pakistan’s digital transformation. The commitment and presence of the Government, as well as participation of a wide range of international experts, complements each panel discussion. But it is the enthusiasm and excitement of the youth that gives the event its signature energy and vibrancy.
Happy New Year to all our Sri Lankan friends and colleagues celebrating the Sinhala and Tamil New Year this month; and Happy Easter to those celebrating it.
This is my first opportunity to celebrate these various holidays in my adopted country. I love the energy, the buzz of excitement everywhere and the decorations coming up in many of the commercial districts. I have been asking so many questions about the importance of the New Year holiday; and at the same time enjoying the preparations for the festivities, the anticipation of the big day as well as the serious messages.
I have learnt that the Sinhala and Tamil New Year, also known as 'Aluth Avurudda' (in Sinhala) and 'Puthandu' (in Tamil) is very important to all Sri Lankans and it celebrates the traditional Lunar New Year. It is celebrated by most Sri Lankans – a point of Unity and a Joyful occasion.
Even more importantly the holiday coincides with the New Year celebrations of many traditional calendars of South and South East Asia – a regional point of unity! Above all, this is also known as the month of prosperity.
So what does the holiday mean to you as a Sri Lankan, or maybe you are someone like me who may not be Sri Lankan but loves the country and its people?
At the World Bank Group, promoting shared prosperity and increasing the incomes of the poorest 40 percent of people in every country we work in is part of our mission. The first goal is to end extreme poverty or reduce the share of the global population that lives in extreme poverty to 3 percent by 2030.
Afghanistan grapples with a range of challenges from growing insecurity to stagnating growth and rising levels of poverty. It is no surprise that the impact of the violent conflict on the country’s economic prospects and the welfare of its people is profound. Yet, Afghanistan carries ambitious development goals including achieving gender parity in primary schooling by 2030 among others. To ensure Afghanistan meets its goals, it is important to know how the country has progressed on socio-economic outcomes.
In collaboration with the Ministry of Economy of the Islamic Republic of Afghanistan and based on data provided by the Central Statistics Organization, the World Bank recently published the third edition of the Provincial Briefs (also available in Dari and Pashto), which provides a comprehensive profile of the most recent progress on a set of socio-economic indicators including education both at the national and at the provincial levels.
What do they reveal? We can see Afghanistan has achieved impressive improvements in human development outcomes—in areas such as education, health, and access to basic services. But this overall progress has not benefitted everyone equally and gaps in access between Afghans living in different provinces persist. In fact, where Afghan families live matters greatly for their socio-economic outcomes. And when it comes to schooling, this is no different. Location determines whether children will go to school or not.
An Eggless Bakery in Sikkim
Tucked away behind the monastery at the popular Buddha Park, on one of South Sikkim’s many serene hilltops, stands the eggless Tatagatha Bakery. The bakery is run by a Self-Help Group of local village women with funding through a microcredit program supported by the NERLP. A bakery is an unusual, innovative idea for microcredit, but the Buddha Park attracts many pilgrims, and the bakery is always in demand. Going eggless and dairy free has meant it can better cater to its core clientele of monks, pilgrims and visitors; it has also reduced the need to transport perishable supplies up the steep hilltop.
The project team mobilized a veteran baker from the rail head town of Siliguri to train the local women initially. The project ran into teething problems early on: a single SHG was rallied, but not all members were equally committed, which saw high dropouts after training. The team changed tack, and elicited individual interest regardless of membership. Twenty women have now been trained. Uptake by SHGs has undoubtedly been gradual, but it is early days yet – the bakery only opened in May 2016. These women see the bakery’s potential and are willing to bet on its success, accepting lower wages for now.
How does a poor woman in rural Bangladesh make use of her business acumen if she lacks education, lacks opportunities to learn new skills, no assets of her own, a husband who earns just enough for the family to survive from day to day, children to look after and a society that had traditionally disapproved of women working outside the home?
The story of Hafiza Begum offers one answer. We interviewed her as part of our on-going research in Bangladesh, which sets out to understand its female labor force participation rates. This phenomenon of lower than expected female labor force participation appears to characterize the wider South Asia and MENA regions, despite their positive growth rates. What are some of the reasons?
Hafiza was born into a family too poor to educate her and she was married off at an early age. Her husband worked for daily wages wherever he could find it. Their two young daughters went to school in the local madrassa because it was free. She emerged from our interview as a woman who was determined, within the social norms of her society, to combine caring for her family with finding the resources she needed to build up her own business.
She told her husband early in their marriage how she planned to do this. “Suppose you buy me a kilogram of onions to cook our meals with. If I use 2 onions in a meal, you won’t be able to tell. Even if I use half an onion for a meal, you still won’t be any the wiser. Yet if I use just half an onion every time I cook, our supply of onions will last longer and we will save money.”
This thrifty attitude had been the hallmark of her housekeeping throughout her marriage. She boasted to us that when her husband recently went away to work in a brickfield, she managed to save Rs.400 out of the Rs.500 he gave her to run the house. How did she do it? She went to the marshes near their house to catch fish, keeping some to eat and selling the rest to her neighbors. She supplemented the vegetables she planted on their homestead plot with edible greens that grew wild near their house. She spent money only on what she could not produce herself.
Will rural communities in Afghanistan be deprived of development services upon the completion of the National Solidarity Programme (NSP) in the Ministry of Rural Rehabilitation and Development (MRRD)?
What will happen to the Community Development Councils (CDCs) established in rural communities to execute people’s development decisions and priorities?
Will our country continue to witness reconstruction of civic infrastructure?
These were some of the questions that troubled thousands of villagers as the NSP neared its formal closure date - NSP had delivered development services in every province of Afghanistan for 14 years.
To address these questions and allay their concerns, the Government of the Islamic Republic of Afghanistan formally launched the Citizens’ Charter Program on September 25, 2016 to sustain the uninterrupted development and reconstruction in Afghanistan.