Across the world, countries facing rapid, and often unplanned, urbanization deal with a number of challenges that affect their growing populations. The issues range from a lack of access to decent housing and basic services such as sanitation, water, healthcare, electricity and transport. This has adverse impacts on the quality of urban living. It also undermines the efforts of cities to achieve their full economic potential.
The World Bank recently hosted two events showcasing innovative tools and practices that can be used to help build bridges between schools and their local communities, helping to promote and support greater transparency, good governance and citizen engagement along the way.
The CheckMySchool (CMS) initiative in the Philippines (“promoting social accountability one school at a time”) is one of those projects that people intuitively ‘get’. Why not use tools like the web, Facebook, and mobile phones to help inform communities about the types of resources that their schools are supposed to have – and offer a way for them to report back when something is not as it should be?
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Handing out a debit card or a 10 dollar bill to the fast-food franchise attendant is probably as natural to most people as buying their lunch every day. Many don't see this as a separate process but as an intrinsic part of the whole "getting lunch" deal.
This, however, doesn't hold true for 250 million people in Latin America and the Caribbean. Over 60 percent of Latin Americans adults are still unbanked and, as a consequence, unable to access plastic, checks, credit or other forms of banking tools that make life easy –and, in some cases, help achieve life goals such as buying a home or saving for retirement.
· Data from all 13 rounds of our Sri Lanka microenterprise survey, along with questionnaires and do files are now all up on Chris Woodruff’s website at Warwick.
Corporate Social Responsibility (CSR) has attracted significant discussion and controversy since the times of Milton Friedman’s famous 1970 NYT article stating that the only social responsibility of firms is to maximize profits. However, the conclusion that CSR automatically is in conflict with profit maximization or strategic firm behavior and therefore should be reduced either to a market failure or some form of altruism turned out to be incorrect. Quite the opposite: my article in the Journal of Economic Literature jointly written with Jay Shimshack not only shows that CSR constitutes an economically important phenomenon that may well be strategic (i.e. profit maximizing), but also argues that, when concisely defined1, CSR can be efficient. In other words, it can be a viable private channel of public goods provision and a formidable complement or even alternative to classic government intervention.
Development institutions such as the World Bank Group stress that the private sector has an important role to play in the development of an economy, however, the supply of environmental, social or other goods (or the curtailment of bads) with public character is believed to be government and rule rather than market-driven. But what happens when governments and rules fail to provide these goods and services? While, it appears that markets and corporate behavior won’t be able to reach a social optimum e.g. when it comes to pollution or renewable energy levels, they often can do better than governments. In the short and middle term, CSR can be welfare optimal. Eventually improved public politics and CSR may even be mutually reinforcing elements in the longer run.
Did you know that the depth of poverty is much worse for rural dwellers? In fact, 75% of poor people live in rural areas, and extreme poverty is more than twice as high in rural areas compared to urban areas in developing countries. The rural-urban income divide is not only large but increasing in most transforming economies.
Outside China, about 80% of the reduction in national poverty rates in the developing world has been due to reducing rural poverty. (With China, the figure is 56%.) The conclusion is pretty obvious: rural development is critical to achieving a world without poverty.
India’s estimated 700,000 hijras, or transgender women, generally get little or no schooling, their families often reject them, and they join marginalized and feudal communities where their employment options are sex work or ritualized begging. They are likely to die young, of violence – like Anil Sadanandan, a transgender activist murdered in Kerala state during my recent visit to India – or AIDS. They are among India’s most destitute women, yet they are ignored by the World Bank, despite its strong focus on the “gender agenda.”
In his hit My Valentine, former Beatle Sir Paul McCartney sings about a Moroccan vacation where foul weather meant he and his love could not enjoy the vacation and planned sightseeing they had envisioned. Sir Paul was frustrated, until his love said the weather mattered little and they should change their mindset and make the most of it. That advice inspired the opening lyrics of his tune -- What if it rained?/ We didn't care/ She said that someday soon/ The sun was gonna shine/ And she was right/ This love of mine,/ My Valentine -- and taught him a valuable lesson: Complaining about the missing ingredients necessary to achieve any goal is a waste. It is far better to focus on what is already available and make the most of things.