: climate change, natural disasters, poverty, water scarcity, food insecurity, global displacement, conflict and violence. These are not the kinds of challenges that will go away on their own—they feed off one another and flourish. The world is responding with the Sustainable Development Goals (SDG), which lay out a road map to building a more inclusive, peaceful and prosperous world—a better world.
Only about one-quarter of households living in developing countries have any form of financial savings with formal banking institutions. Even in countries that have experienced substantial development over the last decade or two, this statistic remains stuck stubbornly at a level that would not be acceptable for any other measure of socio-economic development: 10% in Kenya, 20% in Macedonia, 25% in Mexico, 32% in Bangladesh.
A few weeks ago I wrote that “many perceive NT2 to be a World Bank hydropower project. From my perspective, that’s inaccurate in every respect. More on that in a future posting.” Following intense pressure from my reading public (thanks, Nanda), it’s time to explain what I meant.
May 5 and 6 will see an interesting conference on small business finance here in Washington DC, covering topics from lending techniques, innovations, the impact of market structure, government interventions and alternatives to bank finance.
Before I joined the World Bank about a year and half ago, I worked for DFID, the British Government's development ministry. DFID is part of the British Civil Service. That means I was a civil servant. And I attended a variety of training courses at the Civil Service College.
The World Bank's EdStats (Education Statistics) collects worldwide data on education from national statistical reports, statistical annexes of new publications, and other data sources. The database has just been updated and its Query tool offers preliminary education indicators for the 2006 school year (with new imput from 93 countries) and the 2007 school year (nine countries).
Priests and vicars have long demonstrated a penchant for biodiversity. There have been missionaries in remote places who have built up and preserved beautiful collections of butterflies, plants etc. which eventually found their way into the great natural history museums of the world. The Rev. Gilbert White (1720-93) was the classic 18th century English clergyman-naturalist.