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The Future of Development Aid

Sri Mulyani Indrawati's picture

Even skeptics admit it: effective aid works. In the last 25 years, the share of poor people in developing countries has been cut by half, and the last decade has witnessed impressive development successes in countries once thought beyond help. read more...

Copyright: Project Syndicate, 2011.

Disaster resilience: Closing the loop

Saroj Kumar Jha's picture

Last Friday - together with the European Union and the Government of Japan - the World Bank/Global Facility for Disaster Reduction and Recovery hosted some of our major humanitarian and development partners in an effort to identify and overcome barriers for coordination and work together in the planning and financing of disaster risk reduction and resilience strategies in critical disaster hotspots around the world.

Family planning, healthier economies

Julia Ross's picture

Countries like South Korea and Thailand have seen similar demographic formulas work to their advantage in recent decades:  falling fertility rates lead to burgeoning adult working populations lead to greater economic productivity.

How did they harness these changes to create engines of growth? According to speakers at a World Bank panel on “Realizing the Demographic Dividend,” greater investments in health, family planning, and gender equality paved the way, followed by further investments in education, youth development, and job creation.

Knowledge Bank: More than lending

The old Bank: hub and spoke….the new Bank: just one node in a vast network.

But in this network the Bank is still a “super-node,” as Martine Haas, Associate Professor of Management at the University of Pennsylvania’s Wharton School describes it. In an information-based, totally connected world, the Bank brings a lot of material to the table.

Developing countries face economic uncertainty

World Bank Chief Economist Justin Lin convened an open roundtable this week—the first of its kind—made up of all the Bank’s regional chief economists to discuss global economic prospects. There has been rising uncertainty in emerging economies, which until recently had not only remained somewhat insulated from the financial crisis in the developed world, but enjoyed continued growth.

Scoring the Bank’s progress: Are we satisfied?

Joachim von Amsberg's picture

In almost every meeting that I’ve been in over these last few days – be it with government officials, development partners or civil society –   the words ‘results’, ‘accountability’, ‘openness’ and ‘effectiveness’ dominate.  It’s not that the focus on results or accountability is new or unexpected, but I think each one of us has recognized the urgency to deliver and demonstrate results, in an open and transparent manner, and step back and assess what we’re doing and how it is helping our partner countries and the people who live there.

Africa bloggers take on gender, climate, economy

Julia Ross's picture

Several World Bank bloggers are writing on Africa this week, expanding on themes discussed at the Bank-IMF Annual Meetings.  A few posts to note:

>World Bank Africa Region Vice President Obiageli Ezekwesili says the Bank’s 2012 World Development Report on gender “constitutes an urgent call to action, especially for African policymakers and those of us who work on the world’s last development frontier.”

CSO Engagement Key to ‘Democratized Development’

World Bank President Robert Zoellick this week urged civil society to help show how greater engagement on the ground brings about better development outcomes, particularly by improving governance and service.

Zoellick and IMF Managing Director Christine Lagarde met with civil society organization (CSO) representatives in a town hall prior to the 2011 Annual Meetings. Some 600 CSOs—the largest number ever-- are participating in this year’s Civil Society Forum—four days of discussions to promote substantive dialogue between civil society representatives and Bank and Fund staff. Topics include climate change and energy, gender, aid dependency, and jobs as well as mechanisms for Bank-civil society engagement. 

Who holds the key to delivering basic services in post-conflict Africa?

Ritva Reinikka's picture

During a visit to Sierra Leone a few months ago, I was struck by the commitment that the government has shown to making changes in delivering basic services—such as education, health, and water—so as to try to reach and benefit poor people. But it was also clear to me that while the government must continue to make improvements in its existing programs, it cannot reach all citizens immediately—and this is true in many low-income countries in Africa, especially those recovering from conflict or civil war.