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The Triumph of Strategy: Germany's 2014 World Cup Victory Shows How Shrewd Planning Can Sharpen Competitiveness

Christopher Colford's picture

The great-power G8 have been bickering about geopolitics, the economic G20 have been fretting about growth, and the aspiring G24 have been jostling for policy influence. But this summer’s ultimate contest in international relations has focused instead on the elite G32: the group of 32 countries that sent the world’s top-performing soccer teams to the final brackets of the World Cup tournament.

Global rivalries based on fine-tuned football finesse – not dominance in diplomacy or brute force on the battlefield – framed this summer’s highest-profile competition for international supremacy.

Amid the lengthening late-summer shadows that herald the final days before the September rentrée, thoughts of the midsummer marathon surely warm the memories of World Cup-watchers who recall the thrills of the June and July festivities before the JumboTron – with throngs packing city squares worldwide, as well as filling the World Bank Group's vast Atrium (and television hideaways all around the Bank) on game days.

By the time of the final match, even many committed fans of other national teams seemed to admit that, in the end, Germany deserved its hard-earned victory – winning 1-0 in overtime against resilient Argentina – thanks to the team's technical skills and tightly coordinated teamwork.

The tournament’s most dramatic highlights – the agility of goalkeepers Guillermo Ochoa of Mexico and Tim Howard of the United States; the spirited hustle of underdogs like Ghana and Croatia; the epic 7-1 shellacking suffered by humbled host-country Brazil; the heart-stopping offside call against Argentina that nullified an apparent final-match goal – will deservedly dominate fans’ conversations as they await the next World Cup spectacular. And videos of the overtime heroics of two substitute players – André Schürrle, who made a picture-perfect cross to Mario Götze, who seamlessly slid the ball from his chest-trap downward for a left-footed volley past Argentina’s goalie Sergio Romero – are destined to be replayed forever.

But before the fine details of Germany’s triumph recede in fans’ hazy memory, it’s worth recalling the long-range strategies it required for the new champions to envision winning the crown. The success of the Nationalmannschaft required even more than the midfield mastery of Toni Kroos and Bastian Schweinsteiger, the exuberant playmaking of Sami Khedira, and the goal-scoring prowess of Thomas Müller. Along with disciplined precision on the field, Germany’s success was also driven by organizational skill on national planners’ drawing board.

A decade in the making, victory was patiently built through the Deutscher Fussball-Bund’s national plan that reportedly cost a billion euros or more – creating a coordinated national system of youth leagues, sports facilities, training regimens and individualized skill-building for players selected to advance toward the Bundesliga. Insightful long-range planning, born of adversity, paved the way to success: Germany’s football establishment realized that its system needed a sweeping overhaul after being soundly defeated in 2000, when Germany was knocked out of the European Championship without winning a single game. Germany had not won the World Cup since 1990, but the newly refocused German football system marshalled its long-term resources. After years of sharpening its competitive edge, Germany's hyper-efficient system has now earned the sport’s ultimate prize.

PISA data on financial literacy: Unanswered questions on developing financial skills for the broad student population

Margaret Miller's picture

A few weeks ago, the results of the OECD’s PISA (Programme for International Student Assessment) module on financial literacy were revealed, with Shanghai taking top honors in this category – just as it has in the last two rounds (in 2009 and 2012) on the traditional academic curriculum (reading, math and science).
 
This is no coincidence, as the OECD results and many other studies suggest a close relationship between education levels and academic performance in math and reading comprehension and scores on financial literacy tests.
 
In the PISA report, the correlation coefficients between financial literacy scores and performance in mathematics and reading were 0.83 and 0.79 respectively across 13 OECD countries in the survey sample. For high performers like Shanghai and New Zealand, these correlations were even stronger: 0.88 for mathematics, 0.86 for reading.

While waiting for general improvement in academic performance is one path to improved financial literacy, the urgency of addressing financial skills for today’s youth has led many educators and policymakers to look for more immediate steps that can be taken, including financial education interventions at school. The PISA results, however, don’t include an assessment of the value of possible financial literacy curricula, due to the “limited and uneven provision of financial education in schools.” That factor makes comparisons across countries difficult, as described in the report.

What does it take to have vibrant growth for all?

Paula Tavares's picture



Photo Credit: Mauricio Santana – Women’s Forum 2014

The question was posed at this year’s Women’s Forum Brazil held in São Paulo, Brazil, on May 26 and 27. In a country bustling with the World Cup and gearing up for presidential elections, "Vibrant Growth for All" was a fitting topic. As more than 500 women and men involved in politics, business, civil society and academia from all regions of Brazil, countries of Latin America, the United States and Europe gathered together, women’s full participation in the economy and society was center stage in the discussions. The setting was quite appropriate: Women have made great strides and have increasingly taken the stage in the country. And starting from the top – the country’s President – and in all sectors of society and the economy, women are present and continue to take on leading positions, with many good examples present at the plenary room and throughout the two-day event.

Kicking off with an impassioned plea for the release of the abducted Nigerian schoolgirls and the keynote address given by Minister of State of Public Policies for Women Eleonora Menicucci, focusing on the achievement of economic autonomy for women in Brazil and initiatives to end violence against women such as the “Eu Ligo” campaign (with the double meaning in English: “I call / I care”), the forum throughout was indeed a vibrant event.

The plenary sessions and panels that followed were brilliantly composed of high-level women in leadership positions from Brazilian and international companies, small and medium-size enterprises (SMEs) and of government and civil society, including the CEO of Boeing Brazil, the CEO of Brazilian Tam Airlines, the CEO of the Women’s Forum for the Economy and Society, and the Clinton Global Initiative Director for Women and Girls, to shed light on topics such as business and human rights, marriage, machismo, and social investment in women, incentivizing leadership and talent, among others.

O que é preciso para criar uma economia próspera para todos?

Paula Tavares's picture



Photo Credit: Mauricio Santana – Women’s Forum 2014

A pergunta foi o foco do Fórum de Mulheres realizado este ano nos dias 26 e 27 de maio, em São Paulo, Brasil. Em um país movimentado com a Copa do Mundo e se preparando para eleições presidenciais, o tema ‘Criar uma Economia Próspera para Todos’ foi bastante propício. Mais de quinhentos homens e mulheres participantes, entre políticos, empresários, membros da sociedade civil e acadêmicos de todos os cantos do Brasil, de países da América Latina, dos Estados Unidos e da Europa se reuniram para colocar em pauta – e no centro do palco – a questão da plena participação das mulheres na economia e na sociedade. O cenário foi bastante adequado: um país em que as mulheres conquistaram grandes avanços e cada vez mais estão em posições de destaque. Do mais alto cargo - da Presidente do país - e em todos os setores da socidade e da economia, as mulheres estão atuantes e continuam a assumir cargos de liderança, com muitos bons exemplos presentes nas sessões plenárias e durante todo o evento.

O Fórum foi de fato próspero e marcante. Começou com um apelo pela libertação das estudantes Nigerianas sequestradas seguido da palestra de abertura, dada pela Ministra da Secretaria de Políticas para as Mulheres, Eleonora Menicucci, focando na conquista da autonomia econômica para as mulheres no Brasil e em iniciativas como a campanha “Eu Ligo” pelo fim da violência contra as mulheres.

As sessões plenárias e painéis que se seguiram, todos compostos de brilhantes exemplos de mulheres em posições de destaque e de liderança em empresas brasileiras e internacionais, pequenas e médias empresas e no governo e na sociedade civil, como a presidente da Boeing Brasil, a presidente da companhia aérea TAM, a presidente do Fórum de Mulheres e a diretora para Mulheres e Crianças da Clinton Global Initiative, abordaram temas relevantes como negócios e direitos humanos, casamento, machismo, e investimento social em mulheres, incentivando talentos, entre outros.

Turning the post office into a force for financial inclusion

Isabelle Huynh's picture

photo by: Amortize, Flickr Creative Commons

In the old times, the post office was the main connector between cities and villages, moving letters and money to every corner of the country, and contributing towards the territorial consolidation of states under construction.

Nowadays in developing countries, the post office is often seen as an old, inefficient, deficit-making, and outdated public service which has not been able to keep up with the evolving markets. It takes some imagination to see the post office as a potential engine for economic growth and social inclusion.

The Private Sector, Learning, and the Poor

David Lawrence's picture

When the words “private sector” and “education” come together, they conjure up the widening chasm between the rich and poor: elite education in private schools. An article in The New York Times, for example, describes a growing education gap as contributing to a “kind of cultural divide” in the United States. A smart kid growing up without access to good education, the argument goes, will be limited for life, regardless of how bright or motivated he or she is.

Why should governments care about improving their payment programs?

Massimo Cirasino's picture

In Portuguese

In Spanish

Regardless of a country’s stage of economic development, their governments make payments to, and collect payments from individuals and businesses. Financial resources are also transferred between government agencies. These flows cover a wide range of economic sectors and activities, and in most cases, the overall amount of such flows is significant – normally ranging between 15% to about 45% of the GDP.Pensioners can benefit from safer, efficient and more transparent payment programs. (Credit: World Bank)

However, only 25% of low-income countries worldwide process cash transfers and social benefits electronically and this percentage is only slightly higher for public sector salaries and pensions—and this has considerable cost implications. By going electronic, governments can save up to 75% on costs, a significant amount in an era of stretched resources.

Brazil’s new FDI frontier - North and Northeast regions

Brazil is one of the hottest destinations in the world today for inbound foreign direct investment (FDI). Many multinational companies are seeking to enter with new or expand existing FDI projects due to Brazil’s market size, growing middle class and the fact that it will host the 2014 World Cup and 2016 Olympics.  In fact, according to UNCTAD’s Global Investment Trends Monitor it was the 10th largest recipient of FDI in 2010 with over $30 billion in new inbound FDI projects up from the 13th slot and $22 billion in new inbound FDI a decade ago.