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World Bank’s International Essay Competition: Climate Change

Ignacio Hernandez's picture

The World Bank’s 2009 essay competition (for people between the ages of 18 and 25) is open for submissions until February 22nd. The topic is climate change. Prizes of US$ 3,000, 2,000 and 1,000 up for grabs.

A good opportunity to put into practice the advice at the excellent From Poverty to Power blog: Why is development writing so turgid?

Is 'brain drain' a thing of the past?

James I Davison's picture

Lately, I’ve noticed several bloggers and news sites have picked up on an interesting trend migration trend that many have dubbed "reverse brain drain" – the return of skilled immigrants to their home countries. With rising unemployment and an often-difficult U.S. immigration process, the notion of looking back at home for work has reportedly appealed to foreign nationals working in the United States for technology, finance and other industries.

World Bank economist Sonia Plaza writes on the People Move blog about the shift in terminology over the years caused by new trends.

A lottery to beat all lotteries

Ryan Hahn's picture

The Armenians have gotten creative. It's no secret that many post-communist countries suffer from high rates of tax evasion. How can a government promote tax compliance without being too heavy-handed with small businesses? The answer: print lottery numbers for a state-sponsored lottery on the back of store receipts. That way consumers demand receipts and merchants are obliged to print them (conveniently leaving a paper trail for the tax office).

Trade not aid?

Ryan Hahn's picture

First, America must remove trade barriers on exports from the poorest countries, regardless of trade policies in those countries. With global market access, poor countries would automatically attract private investment, despite their institutional weaknesses. These institutions would become stronger over time as businesses flourish. Private investments capitalizing on access to global markets would necessarily employ low-cost labor, thus creating jobs.

Microsavings for microentrepreneurs

Ryan Hahn's picture

Just what does it take to make a successful female entrepeneur in the developing world? At least part of the answer is that a woman needs a relatively effective way to save money. A new paper on Savings Constraints and Microenterprise Development reports on the results of an experiment in Kenya that provided zero-interest savings accounts to village microentreprenuers:

Too much testosterone on Wall Street

Sarah Iqbal's picture

Editor's Note: Sarah Iqbal is a consultant at the World Bank, currently working on the Doing Business Gender Law Library. Previously, she worked as an attorney in California.

Writing in the New York Times columnist Nicholas Kristof opines on the benefits of having greater gender diversity in the financial sector: