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Poverty

Getting to Sustainable Development, Inclusively and Efficiently

Rachel Kyte's picture

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Sustainable development is built on the triple bottom line: economic growth, environmental stewardship, and social development - or prosperity, planet, people. Without careful attention to all three, we cannot create a sustainable world.

In the 25 years since sustainable development was coined as a term, there has been progress, but the pathway to sustainable development must now be more inclusive green growth.

Doing Development Economics Differently -- Check out ABCDE 2011

Justin Yifu Lin's picture


It's important to have an international forum where leading thinkers can exchange ideas about how to reduce poverty and how to promote growth in low income countries. I'm delighted that, since its inauguration 22 years ago, the Annual Bank Conference on Development Economics (ABCDE) has served this purpose by connecting leading thinkers, practitioners, and students. Now more than ever, we need active and constructive debate about job creation, reducing inequality, empowering women, and improving our approaches to human capital formation and training youth. The Development Economics Vice Presidency that I lead is enthusiastic in its continued support for this forum.

Bangladesh: Mapping climate change and food security

Sarah Holmberg's picture

In a blog post by Molly Norris and Joshua Powell for the End Poverty in South Asia blog, they talk about Bangladesh as "ground zero" at the intersection of climate change and food security.

"The country is widely recognized as one of the places most vulnerable to the effects of a changing climate, which strains food systems alongside rapidly growing and urbanizing populations. Yet, despite these dual challenges, the World Bank expects Bangladesh will meet its Millennium Development Goal (MDG) of halving the number of people living in extreme poverty by 2015," they write.

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The Food Price Threat to Poor Continues

Sarah Holmberg's picture

Otaviano Canuto writes about the Food Price Watch today on the the Growth and Crisis blog.

He writes:

“According to the World Bank’s Food Price Watch, a brief just released tracking food prices and poverty trends, global food prices are 36% above their levels a year ago and remain volatile, close to their 2008 peak.  Key staples going through the roof include maize (74%), wheat (69%), soybeans (36%) and sugar (21%)...For some of us, expensive food might mean we spend more money in the supermarket, but for millions of people around the world, it is a real threat. The poor spend most of their money on food. So think about Mexicans, whose daily diet includes a good amount of tortillas. Or a family in Mauritania trying to get enough bread amid the 40% wheat price increase of the last year.”

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Can Africa trade with Africa?

Obiageli Ezekwesili's picture

Obiageli Ezekwesili chairs the seminar: Can Africa Trade with Africa? (Photo: Arne Hoel, The World Bank)

I chaired a very lively seminar on Friday afternoon that focused on the question, “Can Africa Trade with Africa?”  The answer was a resounding yes. 

Today, there is strong consensus among African leaders that regional integration is indispensable to unlock economies of scale and sharpen competitiveness. And promoting intra-African trade has emerged as a top priority, in recognition that the African market of one billion consumers can be a powerful engine for growth and employment.

Yet despite the introduction of free trade areas, customs unions, and common markets within the Region, the level of intra-African trade remains among the lowest in the world -- only about 10% of African trade is within the continent, compared to about 40% in North America and about 60% in Western Europe.

Mapping the development aid landscape: www.aidflows.org

Axel van Trotsenburg's picture

Aidflows shows the total volume of aid coming from OECD members and the total being received by developing countries.

As we heard last month during the MDG Summit at the United Nations, progress has been made but much work remains if we are to come close to halving poverty or reaching other targets we all agreed to in 2000. These issues are very much at the center of the Bank-IMF Annual Meetings this week in Washington.


Making development aid more accountable, transparent and effective is at the heart of this week’s discussions. New partnerships and players are emerging. Donor and client governments, along with their constituents, are demanding measurable results.  That said, it is challenging to measure aid when there are multiple channels and types of assistance, from bilateral to multilateral, from loans to trust funds, and the data generated is not always presented in a comparable way.

Infrastructure paramount issue for Africa

Vivien Foster's picture

Africa's Infrastructure: A Time for Transformation

Yesterday in New York I attended a discussion on infrastructure in Africa. As co-author of the Africa Infrastructure Country Diagnostic, I've been talking with people for years about the importance of reliable infrastructure for economic and social activity in Africa. Today we're talking about how infrastructure can help achieve the Millennium Development Goals (MDGs).

The core of the MDGs is poverty reduction and improved human development, but how can those goals be met without basic infrastructure to create economic opportunities and support public service delivery? This is a critical question when you think about the facts that 30 Sub-Saharan countries have a power supply crisis, their road freight moves as fast as a horse-drawn cart, and less than 5 percent of agricultural land is irrigated. Although Africa’s infrastructure needs may look daunting, countries like China have shown that it is possible to deliver on the requisite scale.

From goals to achievements

Ngozi Okonjo-Iweala's picture

Almost two thirds of developing countries reached gender parity at the primary school level by 2005. Maternal mortality rates have dropped by a third. As many as 76 developing nations are on track to reach the goal of access to safe drinking water. 

The statistics tell us there is a clear path to achieving the goals.  So in New York, the focus should be on action and the next concrete steps to turning the goals from paper targets to reality. Given a decade has passed, the time for just more talk has also passed. 

Gordon Brown hails education as the best anti-poverty program

Kavita Watsa's picture

World Bank Managing Director Ngozi Okonjo-Iweala, Former British Prime Minister Gordon Brown and Global Campaign for Education’s youngest 1GOAL ambassador Nthabiseng Tshabalala of South Africa.

This morning, 69 million children would not have gone to school around the world. And of those who did, many did not learn what they should have. It is a good thing that education has such energetic champions as Queen Rania of Jordan and Gordon Brown, former UK Prime Minister, both of whom made strong statements today in New York in support of universal access to good-quality education.

“I have one goal—to advocate that every child receives a quality education,” said Queen Rania, who is the co-founder and co-chair of 1Goal , a campaign that was founded with the objective of ensuring that education for all would be a lasting impact of the 2010 FIFA World Cup.

Celebrating MDG successes

Kavita Watsa's picture

The Millennium Development Goals Awards ceremony last night in New York was a brief moment of celebration for the wonderful progress that some countries have made towards the goals. Even as we dwell this week on sobering statistics and the tough road ahead, these awards are an inspiring reminder that success is possible in the face of tremendous odds in poor countries.

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