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Event: 50 Years of Measuring World Economies – Wednesday May 23, 2018 at 4pm EST

Nada Hamadeh's picture
Join us live online or in-person on Wednesday at 4pm for "50 Years of Measuring World Economies" event held at the World Bank James D. Wolfensohn Atrium in Washington, DC.
 
The International Comparison Program (ICP) – the world’s largest global data initiative led by the World Bank under the auspices of the United Nations Statistical Commission – is celebrating its 50th anniversary this year. Since the initiation of the ICP as a modest research project at the University of Pennsylvania by Irving Kravis, Alan Heston and Robert Summers in 1968, the Program has grown to cover about 200 countries and 20 global, regional and sub-regional agencies.
 

To commemorate this milestone, World Bank Group Chief Executive Officer Kristalina Georgieva, 2015 Nobel Laureate in economics Sir Angus Deaton, and Georgetown University Provost Robert M. Groves will come together at an event to discuss the challenges and opportunities for investing in evidence for sustainable development. In addition, Lawrence H. Summers, the 71st Secretary of the US Treasury and son of ICP co-founder Robert Summers, will share a recorded tribute. A video produced by the World Bank for the occasion will showcase the history and impact of the ICP.

Interested in using purchasing power parity data? The International Comparison Program’s new site has you covered

Nada Hamadeh's picture

The International Comparison Program (ICP) is pleased to announce its new website.

The ICP estimates purchasing power parities, or PPPs, for use as currency converters to compare the size and price levels of economies around the world.  The new website is a rich repository of over 1,100 files and includes: an overview of the program and its history, governance structure, results and their uses, methodology and research agenda. The site also includes ICP reports, guides, videos, newsletters, and links to news articles, blogs and academic and research papers using ICP data and results.


Chart: $1 Trillion in Telecom Investment since 1990

Tariq Khokhar's picture
Also available in: Français

Public Private Partnerships (PPPs) bring together the private sector and governments to provide public infrastructure. The total investment in infrastructure was $25.3 billion in the first half of 2015. The PPP Knowledge Lab brings together data and reports on these projects.

Newest private participation in infrastructure update shows growth and challenges

Clive Harris's picture

Cross posted from the Private Sector Development Blog



In 2013, investment commitments to infrastructure projects with private participation declined by 24 percent from the previous year.  It should be welcome news that the first half of 2014 (H1) data – just released from the World Bank Group’s Private Participation in Infrastructure (PPI) database, covering energy, water and sanitation and transport – shows a 23 percent increase compared to the first half of 2013, with total investments reaching US$51.2 billion.

closer look shows, however, that this growth is largely due to commitments in Latin America and the Caribbean, and more specifically in Brazil. In fact, without Brazil, total private infrastructure investment falls to $21.9 billion – 32 percent lower than the first half of 2013. During H1, Brazil dominated the investment landscape, commanding $29.2 billion, or 57 percent of the global total.