Ariel Rubinstein sat down for a video interview with me last week following a DEC lecture. A professor at Tel Aviv University as well as NYU, Rubinstein is an eminent game theorist and expert on the economic theory behind bargaining.
He spoke about how economic theory has gone through fundamental changes, in no small part due to growing interest in behavioral economics.
One day on a recent mission to Tripoli, Libya – after an early start and a hectic morning of meetings – I went with the World Bank’s Representative to a wonderful Turkish Restaurant in the heart of Tripoli to have lunch and to discuss the progress of the mission. As we were dinning, our waiter engaged in polite conversation with my Tunisian colleague in French.
About "Notes From the Field": With this occasional feature, we let World Bank professionals who are conducting interesting trade-related projects around the globe explain some of the challenges and triumphs of their day-to-day work. The views expressed here are personal and should not be attributed to the World Bank.
The interview below was conducted with Hamid Alavi, a senior private sector specialist and Regional Private Sector Development Coordinator. He oversees and manages the work program, projects and advisory services related to private sector development and competitiveness. He has published on access to finance, innovation, private sector development, enterprise competitiveness and trade facilitation, food security, telecoms, pollution control, trade finance, and export promotion.
Mr. Alavi spoke with us about the successful implementation of a single-window trade portal project in Tunisia. The project enhanced transparency of trade transactions and cut processing time at the Port of Rades from 18 days to two-and-a-half days during an 8-year period starting in 2000. In 2008, the project was featured in the International Finance Corporation’s “SmartLessons” series. In the interview, Alavi explains why it worked, despite some political resistance.
This post was originally written for the Collective Solutions 2025 blog, a forward-looking study and collaboration platform to explore how the World Bank and similar multilateral institutions can best support developing countries to meet long-term sustainable development challenges in a post-2025 world. Read more about the study and join the collaboration site here.
I don’t particularly like cities. I’m a country boy. But I have lived in cities for the last 35 years; 10 in Bangkok, 15 in Manila, and 10 in Washington, DC (though DC might be called a town if it were in India or China). In the 1990s, I led work on environmental investments in east and south Asian cities. Most of the cities I worked in were severely “under-infrastructured and under-serviced,” and because many of them are built on coastal zones, this was particularly pronounced when it came to low-lying slums, drainage and sanitation. The heaviest price tag was often for drainage and flood control. During those years, I often wondered if and how the city and country leaders would ever catch up on infrastructure needs with the growing urban populations. Many have done well—while others are in worse shape now because they haven’t been able to meet the human tide.
The world commemorated World Water Day on March 22 with events around the globe focusing on ways to make international cooperation happen in the water. Events held in celebration of the Day covered all aspects of water - from water supply and sanitation, to water and its nexuses with food and energy, water resources management and water and climate change. But in most, if not all of these events, one theme was clearly cross-cutting: the importance of strengthening partnerships to leverage knowledge and facilitate innovative solutions.
Financial Markets…Gross capital flows to developing countries jumped up in April, with all segments of the market experiencing a surge, as investor’s risk appetite improved. In particular, capital flows to North Korea rose to a record high in the month, with strong bond and equity issuance activity after Moodys and S&P unexpectedly awarded the nation’s first investment grade rating on Friday.
"If we want things to stay as they are, things will have to change."
Giuseppe Tomasi di Lampedusa (1896 - 1957). An Italian writer. From the book "The Leopard" (1958), which is considered to be one of the greatest novels in Italian literature.
I started working in Morocco four years ago as a result of the government’s request for
support in implementing their national agricultural strategy, the Plan Maroc Vert. This strategy set the ambitious targets of doubling the agricultural value added and creating 1.5 million jobs in little more than a decade.