Syndicate content

March 2012

Contradictions in Global Poverty Numbers?

Martin Ravallion's picture

In an article on a Brookings website, Laurence Chandy and Homi Kharas chide the World Bank for three so-called “contradictions” in its global poverty numbers, including the Bank’s latest update.  Let me look more closely at these “contradictions” in turn.

First, Chandy and Kharas chide the Bank’s team for assuming that North Korea has the same poverty rate as China. I wish Chandy and Kharas good luck in trying to measure poverty in a place like North Korea, with almost no credible data of any sort to work with. I could offer a guess that 80% of North Korea’s population is poor today—roughly the same as China before it embarked on its reform effort in 1978. This would add slightly less than 1 percentage point to our estimate of the “$1.25 a day” poverty rate for East Asia in 2008.

What Women Can Bring to the Asian Century

Isabel Guerrero's picture

Today we celebrate International Women’s day. Like every year, hundreds of events will happen worldwide to highlight the importance of rebalancing the global gender equality and integrating women in economic, development and peace processes. We will probably read or hear the phrase “women’s empowerment” many times, but tomorrow, people will refocus naturally on other day to day issues, as there is still concern about the effects of the financial crises, its impact on people’s pockets and the lack of employment for new generations.

It is true that South Asia navigated the financial crisis better than most regions and that over the last two decades it has experienced a long period of robust economic growth, averaging 6 percent a year. The idea that the world has entered the Asian Century is now becoming a reality and some countries in the region are working hard to become global leaders and getting ready to give the world economy a big boost. But if South Asia wants this boom to happen, the region needs to go far beyond today’s celebration to bring women on board now: women are a key force to shape the region’s future.

Weekly Wire: the Global Forum

Kalliope Kokolis's picture

These are some of the views and reports relevant to our readers that caught our attention this week.

CIPE Global
20 Empowered Women that You Should Be Following on Twitter

“Men are from Mars, women are from Venus – we’ve all heard that before.  It’s no secret that the men and women are treated differently, but when it comes down to the heart of the matter, women are just as capable of success, if not more so, than their galactic counterparts.

With International Women’s Day fast approaching, CIPE is highlighting ways to help the movement for women’s empowerment. CIPE’s programs approach women’s empowerment through institutional reform, economic and political empowerment, and working with partner organizations to look beyond financial assistance – by helping women build leadership and business skills, CIPE focuses on preparing women for participation, whether they’re running a business, advocating legislative reforms, or simply making the world a better place for taking care of their families.” READ MORE

Jumping monkeys, George Clooney, and NSE

Merrell Tuck-Primdahl's picture

Source: 'Comment: The New Structural Economics' PPT by Ricardo HausmannIt’s not every day that jumping monkeys and George Clooney are discussed in the context of a framework for development economics. But that’s exactly what happened on March 6 when Justin Yifu Lin presented his book, ‘New Structural Economics: A framework for Rethinking Development Policy’, with Regional Chief Economist for Africa Shanta Devarajan moderating and Harvard Professor Ricardo Hausmann providing a lively counterpoint as discussant. Justin made an impassioned case for how industrial structure is endogenous to endowment structure, arguing that following comparative advantage and involving the state as a facilitator can be the ticket to income growth and poverty reduction. Hausmann argued that comparative advantage is not determined by an economy’s broad endowment of factors, but by what you know how to do. He also argued that imitation (for example, if George Clooney wears a brand of cologne, other men would wear it too) and moving preferentially towards nearby goods (the jumping monkey analogy) are powerful drivers of innovation and success in industry. Watch the video to get the full narrative or download the Powerpoints here.

100% pass rate in South Africa’s township schools?

Sandeep Mahajan's picture

Residents of the pukka houses (formerly temporary shacks) in front of the apartment complex where my family lives in New Delhi have decided to send their kids to private, English-medium schools, cutting corners to save enough to be able to afford it.

"How I managed to turn disability into opportunity"

También disponible en español

Personas con discapacidad luchan por inclusión social

In 1980, as a pilot with the Ecuadorean Air Force, I suffered a serious accident while flying to remote Amazonian communities. A spinal cord injury had me on the verge of death.

The doctors who treated me in Quito told my family that, given the seriousness of my injury, I had little chance for survival. The accident paralyzed me from head to toe – quadriplegia, in medical terms. Unfortunately, 30 years ago my country did not have the medical facilities to treat these cases. I received intensive care at a U.S. hospital.

Do local development projects during civil conflict increase or decrease violence?

Jed Friedman's picture

A “hearts and minds” model of conflict posits that development aid, by bringing tangible benefits, will increase population support for the government. This increased support in turn can lead to a decrease in violence, partly through a rise in population cooperation and information sharing with the government. At least one previous observational study in Iraq found that development aid is indeed associated with a decrease in conflict.

Alert! Arab world women at bottom of global workforce participation

Tara Vishwanath's picture
World Bank | Arne Hoel | 2011Worldwide, women remain at a disadvantage relative to men and the same is true in the Middle East and North Africa (MENA) region. But, there is a stark paradox in gender equality: while, for the most part, MENA countries have made admirable progress in closing gender gaps in education and health outcomes, these investments in human development have not yet translated into commensurately higher rates of female participation in economic and political life. For example, female labor force participation rates at 25 percent are half the world average and the lowest among other regions.

Think Finance, Think Access, Think Equal!

Sri Mulyani Indrawati's picture

Read it in Chinese.

Read in French.

 

I am often invited to pose as an example of how far women can go. And I am typically asked how I feel about my career having worked in positions that were often exclusively held by men. I am of course proud of my achievement, fully aware that at no time in my upbringing was I told that I could not do certain things because I was female. But I am also aware that many women around the world face barriers and challenges that prevent them from succeeding in politics, from earning a living, from looking after their families, from running successful businesses or even from opening a bank account.

I “googled” the words “women and barriers” and I got 48,500,000 results. The World Development Report 2012 on Gender Equality and Development says clearly: Gender equality is smart economics. So leveling the playing field is not only about doing the right thing, it will help economies to develop. Our work on development should help us aspire to get less hits when we search for “women and barriers” on the web.  Removing barriers to access to finance for women and making finance equal is not a small weapon in this battle.


Pages