Juancito is from a small town in rural Peru. He wakes up every day at 5 a.m. to walk two hours to get to school. One day, he fell and twisted his ankle, but because the nearest health clinic is three hours away, his teacher had to fill in as a health care provider.
Juancito’s story provided the inspiration for the third-place winning team of the first Ideas for Action Competition, sponsored by the World Bank Group and the Wharton Business School. The team noted that the local government — which receives royalties from a mining company — didn’t lack the funds needed for development, but community needs were being overlooked.
When my colleague and friend Pabsy Pabalan informed me that she was going to cover the 2015 World Bank Group-International Monetary Fund Spring Meetings, I thought she meant producing blogs or writing articles. But her plan was a little more unusual and fresh. Pabsy was on a mission to explore the other side of the meetings, interview participants, and educate a younger audience by producing short daily videos. As someone who is toward the younger side (or would like to think so), I was looking forward to watching videos with a different approach on World Bank Group events. I soon became a huge fan of #PabsyLive.
Spring is finally here, and for many of us cherry blossoms and crocuses mean gearing up for the World Bank Group and International Monetary Fund Spring Meetings. On my team, External and Corporate Relations, we start preparing months in advance: videos and podcasts to produce, blogs and reports to write, global media interviews, social media promotions, campaigns, and much coordination and organization. Constant calendar revisions, anyone?
Roughly 27 million young people leave their country of birth to find employment abroad. Does this trend suggest that migration may be a solution to the worrying situation whereby 60% of young people in developing regions that are either unemployed, not studying, or engaged in irregular employment?
I learned many things last Tuesday. A young gentleman proudly told me of a youth-led initiative in Cameroon supporting government reforms by leading regulatory trainings for public healthcare providers. A young woman shared with me her desire to learn how to analyze the budget data her government recently made available. And another gentleman currently working at an NGO in India shared with me how social media has revolutionized the way local governments are responding and enhancing their service delivery.
How can economic growth benefit more people? What will it take to double the share of renewables in the global energy mix? Will the world have enough food for everyone by 2050? You can hear what experts have to say on these topics and others, ask questions, and weigh in at more than 20 webcast events from Oct. 7 to 11. That's when thousands of development leaders gather in Washington for the World Bank-International Monetary Fund Annual Meetings. Several events will be live-blogged or live-tweeted in multiple languages. You can also follow the conversation on Twitter with #wblive and other hashtags connected to events. We’ve compiled a sampling of events and hashtags below. Check out the full schedule or download the Annual Meetings app for Apple devices and Android smartphones.
If you love books as much as I do, perhaps you too cherish the sensation of holding a new book in your hands for the first time. Or the way your nose twitches when dust lifts off the pages of an old paperback you just discovered on a bookstore shelf. Books are real treasures – they appeal to many different senses and can create memories that stay with us from childhood.
Today, more and more books take a very different form to when I was a kid. The Internet now provides us access to a vast electronic library where billions of books are available digitally rather than in the old-fashioned paper form. But there are many of us who still prefer the real thing. With this in mind, my colleagues and I at the World Bank office in Astana, Kazakhstan, held a book donation on the threshold of the New Year at the National Academic Library - one of the four depositary libraries in different regions of Kazakhstan (Almaty, Astana, Ust-Kamenogorsk, and Pavlodar) back in 2005 as an effective channel for sharing of knowledge and information.
For the event, we brought a ton of World Bank publications from the country office, inviting people to walk in and take any books that appealed to them. It took just one hour to clear the shelves! As people selected multiple books from the shelves, I asked, “Are you really going to read all of those books?” Their responses surprised me pleasantly.
Let’s face it. If we are ever going to successfully address the worldwide youth unemployment crisis, we need to act together — as a global community. That’s why last year, with the publication of Opportunity for Action, Microsoft and the International Youth Foundation called on leaders in the public, private, youth, and civil society sectors to join a “collective, massive and global” effort to expand job and livelihood opportunities for today’s youth.
Since then, there’s been a real sense of momentum on the issue, particularly among high-level policymakers. Just last week, the World Bank sponsored a lively roundtable discussion the day before its Annual Meetings in Washington, D.C. that echoed the urgent call for collective action around youth unemployment. Speaking to a packed hall filled with finance ministers, private sector executives, and development experts from around the world, the panelists at the “Boosting Shared Prosperity by Getting to Youth Employment Solutions” event offered concrete examples of practical and sustainable solutions to the current crisis. Yet the conversation kept returning to the need to act together to have real impact.
World Bank Group President Jim Yong Kim delivered two startling facts at his Annual Meetings press briefing today: 400 million of the world’s extreme poor are children; and in 35 low-income countries, 100 million more people are living in extreme poverty — defined as less than $1.25 a day — than 30 years ago.
Both statistics are from a new report, the State of the World’s Poor, and they reveal that critical challenges remain despite historic growth and poverty reduction in developing countries in recent decades. “How can we in good conscience not do all we can to lift these children and their families out of extreme poverty?” asked Kim. “They can’t wait for progress to emerge slowly. They need our help today.”
April 15, 2013--The private sector could play a key role in ending extreme poverty by 2030 by gathering high quality data and evidence of entrepreneurial impact in developing countries, speakers said at a conference organized by IFC and the Bill & Melinda Gates Foundation ahead of the World Bank-IMF Spring Meetings.
World Bank Group President Jim Yong Kim and IFC CEO Jin-Yong Cai of the Bank Group’s private sector arm called the private sector an invaluable ally in a plan to reduce global extreme poverty to 3% by 2030, and foster income growth of the bottom 40% of the population in every country. Those targets will be proposed to the World Bank’s Board of Governors this weekend.
“There is no way that we’ll get there without a robust private sector that is creating the jobs that are critical to lifting people out of poverty,” said Dr. Kim at The Private Sector and Ending Poverty conference.
“The extent to which we commit to working with the private sector to foster growth will determine how ambitious we can be for the poorest people in the world.”
The event, attended by a cross-section of private sector companies, academics, think tanks, and foundations, was watched in Pakistan, Ghana, Albania, Venezuela and Colombia, among other countries, and followed on Twitter with #Results4Impact and #wblive.