- News Update
|Students take a computer course at a private school in Cambodia.|
A number of fascinating web-related findings came out of a World Bank report, released this week, which ties Internet and mobile phone access in developing countries to economic growth, job creation and good governance. Connectivity in the developing world seems to be better than ever. In developing countries worldwide, there are currently three billion mobile phone users, and the number of Internet users in developing countries increased by 10 times between 2000 and 2007.
In East Asian and Pacific countries, the number of Internet users (15 percent) was slightly above the developing-country average in 2007 (13 percent), but was still below the world average that year (22 percent). The connectivity and access to new information and communications technologies changes the way companies and governments do business, while bringing vital health, financial and other market information to people like never before.
While India is the clear leader in creating information technology-related jobs, China and the Philippines both stand out as benefiting by generating new job opportunities. And within the industry, the Philippines is also notable, because its IT services workforce is made up of 65 percent women, who hold more high-paying jobs than in most other sectors of the economy.
You can take your own look at the statistics compiled on each country, or create your own custom reports, from the IC4D Data & Methodology page.
Think you’ve got better money management skills than the world’s poorest? You might be surprised to find out that you’d be up against stiff competition.
The outbreaks of political turbulence around the world have prompted me to re-visit Edmund Burke's masterpiece, Reflections on the Revolution in France ( 1790). In the work, Burke attacks the French Revolution. I remember that when I had to write a term paper about the work in a class on the History of Political Thought in graduate school, I fully expected to hate the Reflections and to debunk it. But it amazed me, and impressed me. First, its eloquence is overpowering. Even now as I leaf through my old copy, the grandeur of the language still moves the spirit. Second, you cannot but be impressed by the prophetic power of Burke's analysis of the French Revolution. For he wrote the Reflections in the early days of the Revolution, yet he was able to correctly predict its path - the deepening violence, the collapse into dictatorship. Now, as a school-boy fan of the French Revolution that got my attention.
I am often confused when using acronyms. In the vast terminology of public private partnerships (PPP), it’s not hard to do. For example in a lot of countries the acronym PFI, which stands for Private Finance Initiative, is used as a synonym for PPP (Public Private Partnership). While the term PFI originated in the UK, in that country it is not synonymous with PPP. PFI has a more specific meaning, relating to a special government investment policy that clearly indicates what is and what is not PFI.
Co-authored with FARRIA NAEEM
Remittances have emerged as a key driver of economic growth and poverty reduction in Bangladesh, increasing at an average annual rate of 19 percent in the last 30 years (1979-2008).
Revenues from remittances now exceed various types of foreign exchange inflows, particularly official development assistance and net earnings from exports. The bulk of the remittances are sent by Bangladeshi migrant workers rather than members of the Bangladeshi Diaspora. Currently, 64 percent of annual remittance inflows originate from Middle Eastern nations.
Robust remittance inflows in recent years (annual average growth of 27 percent in FY06-FY08) have been instrumental in maintaining the current account surplus despite widening a trade deficit. This in turn has enabled Bangladesh to maintain a growing level of foreign exchange reserves.
A friend sent this photograph, with the following caption: “Don't let the recession take the flame out of your romantic lives! There's always sunshine in Africa! Resourcefulness at its best....
How hard is it to fire someone in Mexico? It is apparently sufficiently hard that they offer courses on how to do it.
I spent seven years in Mexico, and I still receive some Mexican spam. Here is my translation of an email I received which was advertising a one day course on how to fire employees:
|Photo © Julia Bucknall/World Bank|
The Gulf News is reporting that oil-rich United Arab Emirates is among the few developing countries to host a major international organization. Abu Dhabi will be the interim headquarters for the International Renewable Energy Agency, appealingly named IRENA. That fact is remarkable enough, but what is really surprising is that it was chosen over environmental powerhouses Germany, Austria, and Denmark.
The World Development Report is full of recommendations – transform agricultural subsidies in rich countries, make US$ 50bn a year in additional funding available for adaptation in developing countries – that readers may be tempted to dismiss as politically impossible. Yet political transformations are possible. Ten years ago would anyone have thought that Abu Dhabi could become a leader in sustainable development? The transformation reaches deep. Consultants making recommendations about the UAE's drinking water tell us that reform of the tariff structure is now being considered at the highest levels - not because it would improve water management, but because the efficiency gains predicted would reduce the country's carbon footprint.