On February 22, MIGA partnered with the Singapore Management University (SMU) and International Enterprise Singapore (IE Singapore), to launch the most recent World Investment and Political Risk Report in Asia. The event, at SMU’s downtown campus, focused on the key issues of sovereign and political risk and how foreign investors can mitigate them.
The latest World Investment and Political Risk report is the fourth in a series that we’ve recently launched in London and Washington, DC as well. There are some important nuggets on FDI trends and perceptions this year. The report notes that foreign investors, attracted by stronger economic growth in developing countries while mindful of risks, still remain optimistic about these destinations.
While it’s International Women’s Day tomorrow, many of us at infoDev are trying every day to make women, specifically women innovators, central to our strategy of supporting high-growth entrepreneurs in developing countries. But this is easier said than done as women are notoriously under-represented in tech-related industries and even more so in the area that I work in – clean technology – which is largely manufacturing and therefore male, dominated.
I recently attended one of the largest renewable energy forums in the Caribbean attracting investors, experts and entrepreneurs from around the region. As I looked around the room, I spotted only a handful of women. And this is not an isolated case. I see this scenario play out whenever I meet climate and clean energy entrepreneurs at events like this around the world.
In the policy discussions related to hunger, malnutrition, poverty and wellbeing, calorie intake is often the focus. Increasingly, however, micronutrient malnutrition appears to be a critical problem in many developing countries. Women and children are most vulnerable to micronutrient malnutrition due to their elevated micronutrient requirements for reproduction and growth. According to some estimates, nearly three billion people (including 56% of the pregnant and 44% of the nonpregnant women) suffer from iron deficiency anemia (IDA), and one-third of the world's population suffer from zinc deficiency. Twenty percent of the maternal deaths in Africa and Asia are due to IDA. One in every three preschool-aged children in the developing countries is malnourished. Undernutrition, coupled with infectious diseases, accounts for an estimated 3.5 million deaths annually. At levels of malnutrition found in South Asia, approximately 5% of GNP is lost each year due to debilitating effects of iron, vitamin A, and iodine deficiencies alone.
By Mirjana Popovic and Vesna Kostic
Mar. 8: Working Women’s Day or Jobless Women’s Day in Serbia?
By Mirjana Popovic, Online Communications Producer
In the former Yugoslavia, where I was born, International Women’s Day used to celebrate respect and appreciation for women in society: mothers, wives, female colleagues – in this order.
What is it like in today’s Serbia? The glory of the holiday has faded and new challenges have arisen.
Emerging Europe and Central Asia (ECA) is an interesting region because what you expect is not always what exists. Since this is written in honor of International Women's Day, discussing women’s labor market participation seems appropriate. The standard indicator used for this is the “female labor force participation” (LFP) rate, which is the proportion of all women between 15-64 years who either work or are looking for work.
Since much of the region has a common socialist legacy, you would expect to see similar labor market behavior among women. However, the proportion of women who work ranges from a low of 42 percent in Bosnia and Herzegovina to 74 percent of adult women in Kazakhstan. And it wasn’t 20 years of social and economic transition that led to this divergence. Even in 1990, the range was about the same. The exception was Moldova which saw a 26 percentage point decline.
- Russian Federation
- Kyrgyz Republic
- Bosnia and Herzegovina
- Europe and Central Asia
- Labor and Social Protection
- Social Development
- Macroeconomics and Economic Growth
- labor market
- International Women's Day
After an impressive turnout in Monday’s presidential elections, one thing is clear about Kenya: citizens are energized and ready to participate in shaping the future of their country.
Despite concerns of violence, voters in Kenya were undeterred and turned out in historic numbers Monday - over 70% participation - to cast ballots in the country’s first presidential election since 2007.
The remarkable level of participation had election officials calling the turnout “tremendous,” as polling places were kept open hours later than scheduled to accommodate lines that stretched “nearly a mile long.” Voters formed lines at polling places well before 6:00 a.m. when the polls opened, and many waited for up to 10 hours to cast their ballots.
While this election is a significant success, its true impact on the everyday lives of Kenyans will depend of how the new administration governs. Kenyans should be able to participate in the decision-making processes of their new government in as robust of a manner as they did when electing it.
This will be particularly important as Kenya embraces fairly radical decentralization of political and resource management to the county level as mandated by the new constitution. More open and participatory processes will be crucial to maintaining accountability and effectiveness at the county level.
Several months ago a colleague of mine wrote about our idea to legalize thousands of informal homes in Montenegro using energy efficiency measures (or see the infographic for a visual show off the idea). We have been working on urban planning issues in Montenegro for almost a decade, but it was only when we had colleagues of different background looking at the problem- energy, economy, urban planning, communication, community engagement- that the solution came out. In short:
- Problem: over 100,000 illegal homes in Montenegro (if normally distributed would imply that every other household lives in an illegal home) that household don’t have an incentive or funds to legalize.
- UNDP idea: savings on energy bills would be re-invested into legalization and energy efficiency measures that created savings in the first place. Directly, we tackle informal settlements and high energy intensity in Montenegro (8.5 times higher than in the EU).
My first day at the World Bank found me flying to Moscow to participate in the Open Government Conference.
“So how are you enjoying living in paradise?” Michael Geerts, the former German ambassador to Kenya asked me the other day. He was posted in Nairobi during the difficult years in the end of the 1990s, and continues to stay in touch with a country he loves dearly. Many colleagues, who once worked in Kenya have bought houses in Nairobi, and plan to retire in the “city under the sun”. But not everybody shares their passion and faith in the country’s future. There are many pessimists who feel that the country is moving in the wrong direction. Kenya, they say, will never rid itself from grand corruption, and crime such as drug trafficking will continue to flourish.
Are they seeing the same country? Maybe both perspectives are right, because Kenya is a country of extremes.