UNITED NATIONS | It has been a week of inspiring ideas and action plans at the United Nations General Assembly in New York. I met with a number of world leaders, including Liberian President Ellen Johnson Sirleaf. We talked about the importance of creating jobs for ex-combatants, the pressing need for more energy sources, and more. You can hear my thoughts on our meeting in the video below.
This week, the World Bank launched a global conversation on social media centered around a question: what it will take to end poverty? People from around the world have begun responding using the hashtags #whatwillittake and #ittakes.
Our World Bank community has been out in the field with video cameras asking families, farmers, workers and parents from all corners of the globe: What will it take… to improve your life?.. to get a better job? … to end poverty?
As part of our global conversation on social media and multimedia, we have received video from countries like Brazil, Ecuador, Tanzania, Laos and India. People are sharing their ideas, their hopes and their solutions for creating a better life for all.
In Brazil, Maria José dos Santos tells us that providing more schools and childcare would allow mothers to get fulltime jobs. “It would be great if everybody had more access to child care and all day schools. That would enable mothers to work in peace.”
The world’s leaders set a high bar when they adopted the Montreal Protocol, which has helped protect the Earth’s protective ozone layer for the last 25 years. Even with its ambitious goals, the treaty won universal ratification – 197 parties have agreed to legally binding reduction targets to phase out ozone-depleting gases, and they have stuck to them.
The result: we, as a global community, have almost completely phased out the use of 97 substances that were depleting the ozone layer.
It’s a success worth celebrating, but we can’t rest on our laurels. We phased out CFCs, once used for cooling most refrigerators on the planet, but some of their replacement gases have become a climate change problem we still have to contend with.
What will it take …to improve your life? …for your children to be better off? …for mothers to be healthy? …for all to get a good education? …to end poverty? More than 1.3 billion people around the globe live on less than $1.25 a day. Fighting poverty in times of crisis may be challenging, but we can’t take our eyes off the most vulnerable.
In this video, World Bank Group President Jim Yong Kim asks, “What Will It Take?” Post your questions on Twitter using #whatwillittake, and share your solutions with the hashtag #ittakes.
Ninh Binh Province was hit by severe flooding two weeks ago, like many other regions in Vietnam. It was yet another sharp reminder that Vietnam will increasingly be facing the effects of climate change. However, as we were visiting the region a few days later, activity had returned to normal, and people were busy working in rice paddy fields or cooking meals for their families (with biogas produced from livestock waste).
Ninh Binh Province has shown remarkable resilience to flooding, thanks in part to an innovative program set up by local authorities called “living with floods.” It consists of stepping up the number of staff (military, policemen, civilians) on duty during the flood season and reinforcing physical infrastructure – dikes have been upgraded with more than 2,700 cubic meters of rocks, and about 2 million cubic meters of mud have been dredged to assure water flow in the Hoang Long River.
This field trip to Thanh Lac Commune during the 2nd Global Conference on Agriculture, Food Security and Climate Change illustrated some examples of what resilient agriculture could be and how adaptation, productivity, and mitigation should be considered in an integrated manner. Ensuring the resilience of the country’s agricultural sector will be essential, not only to its own food security, but to the world’s—it is the world’s second largest rice exporter.
Today, employers all over the world report difficulties in finding workers with adequate skills. While much of the focus is on young labor market entrants not acquiring the right set of skills, governments also face the challenge of retooling the skills of their current workforce to reflect a changing economic environment and labor market.
Find a good longread on development? Tweet it to @worldbank with the hashtag #longreads.
The Economist’s much tweeted-about "Geography of Poverty" highlights a "poverty paradox" – that more of the world’s extremely poor people now live in middle-income countries rather than in the poorest ones. The finding comes from a new paper by Andy Sumner of the Institute of Development Studies. But the situation could change by 2025 if the number of poor people grows in fragile states, say Homi Kharas of the Brookings Institution and Andrew Rogerson of the Overseas Development Institute in the Economist. Veteran journalist Katherine Boo, author of a new book on life in a Mumbai slum, discusses the challenge of portraying poor people as individuals in the media, in an interview with Guernica in "Reporting Poverty." Big Chinese cities are starting to adopt measures with the potential to ease pollution and "improve the long-term quality of Chinese growth," according to a story in the New York Times. "A Chinese City Moves to Limit New Cars" describes, among other things, restrictions in Guangzhou expected to cut the number of cars on city streets in half. And finally, imagine vicariously smashing mosquitoes, riding a motorbike through the streets of Lagos, or remembering life in a rural village. The BBC writes about a Nigerian video game-maker who believes Africans and non-Africans alike may want to tap into the African experience through games.
Few phenomena that occupy the time of governments and economists are as ambiguously defined and difficult to measure as the “shadow" or "informal" economy. Those terms immediately make some people think of the guys who built an extension for their house and insisted on being paid in cash. Others remember the taxi driver who took them home after a late night out, and either didn’t have a meter or didn’t turn it on. Those who have been in very poor countries might recall bustling markets where you can haggle for anything from a handful of fresh chilies to a pair of sandals or even livestock. All of these are likely to be part of the unregulated and untaxed transactions that make up a country's informal economy.
PRETORIA, South Africa - I have to admit it. I’m a bit of a development junkie. For most of my adult life, I’ve been reading thick tomes describing the success or failure of projects. I talk to friends over dinner about development theory. And I can’t stop thinking about what I believe is the biggest development question of all: How do we most effectively deliver on our promises to the poor?
So you can imagine how excited I was to have a day full of meetings with South Africa’s foremost experts on development: the country's ministers of finance, economic development, health, basic education, water and environmental affairs, and rural development and land reform - and then with President Jacob Zuma.
I chose to travel to South Africa as part of my first overseas trip as president of the World Bank Group because of the country’s great importance to the region, continent, and the world. It is the economic engine of Africa, and its story of reconciliation after apartheid is one of the historic achievements of our time.
When the World Bank’s Food Price Watch reported last week that severe drought pushed prices of staples such as maize and soybean to an all-time high this summer, people everywhere took notice. What will it mean for the poor in regions most affected by rising prices? What will it mean for us?
Economist José Cuesta, who authors the Bank’s quarterly Food Price Watch, asked readers of our last blog entry to submit their own questions about food prices. Here are his answers to a few of them.
To put nature at the heart of economic decisions, government, the private sector & the conservation community must reach across the aisle.
Look around the world, and you’ll see abundant reasons to worry about nature and its capacity to sustain us. Over 60 percent of ecosystems are in worse shape now than 50 years ago; 85 percent of ocean fisheries are fully exploited, over-exploited or depleted; half of all wetlands have been destroyed since 1900; and climate change is changing everything.
ABIDJAN, Cote d’Ivoire – At a jobs training center in this key capital city in West Africa, a young man showed me his newfound skills as an electrician. At a workshop, light bulbs flickered on and off. And then he told me something really important:
“It’s been 10 years since I graduated with my secondary school degree, and because of our conflict, I have never held a job. So this is a blessing to me,” said the young trainee. “But my brothers and sisters and so many people haven’t had this opportunity. I wonder how they can get jobs, too.”