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September 2013

Getting Around in Moroccan Cities: Are you ready for the Challenge?

Ibtissam Alaoui's picture

This blog has been co-authored by Ibtissam Alaoui and Carolyn Winter Getting Around in Moroccan Cities: Are you ready for the Challenge?

If you are up for a challenge, hop on a bus or flag a taxi in one of Morocco’s   larger cities. If one thing is certain, relying on urban public transport in Morocco is a frustrating, time-consuming and sometimes risky experience.  These were the conclusions drawn by civil society organizations in a recent World Bank-sponsored consultation held in the capital, Rabat.

Maternal and Child Health in Nepal

Albertus Voetberg's picture
Nepal: Staying the Course on Maternal and Child Health

The story of mother-to-be Lalita, who we see receiving quality prenatal care in the video above, is an increasingly common one in Nepal. Because the country has significantly improved access to maternal, newborn and child health services, young women like Lalita no longer have to worry about unsafe deliveries as their mothers did. That’s something Nepalis are proud of.

Prospects Daily: ​Asian currencies gain, Spain's trade deficit plunges, India raises key benchmark rate

Global Macroeconomics Team's picture
Financial Markets… Developing-country stocks fell slightly from yesterday’s 4-month high, as bank shares in India and Turkey dropped the most in more than two weeks. The MSCI Emerging Market Index slid 0.4%, pairing this week’s advance to 3.2%, after the benchmark stock indexes for Indian and Turkish banks slumped 4.2% and 4.2%, respectively, trimming their double-digits weekly gains. The slight bump in developing-country shares also indicated that there were some profit takings on the initial rally in the wake the Federal Reserve’s surprising move.

South-South Trade through Value-Added Glasses

Otaviano Canuto's picture

Using gross figures of exports and imports to approach the contribution of trade to economic growth and a country’s resource allocation may be misleading. Products often cross borders more than once while being processed until their final use and may thus be counted multiple times. Furthermore, given the increased use of imported intermediate goods and services associated with rising global trade flows in the last decades, not only exports of goods and services carry some content of imported inputs classified in other sectors, but also some exports of intermediate products may return embedded in imported final products. Therefore, in order to gauge appropriately where and how much is the value added by a country’s employed labor and other factors of production, one has to do due accounting of those intra- and cross-sector trade in order to measure trade in value-added terms – see a thorough analysis in Mattoo et al (2013).

A New Deal for Somalia

Makhtar Diop's picture


Getting Somalia right has huge regional and global implications and attracted $2.4 billion in support at a recent development partners meeting in Brussels. 

Supporting fragile and conflict-affected countries to get back on a stable, hopeful development path is a key priority for me as Vice President for the World Bank’s Africa region. It is on my mind especially at the moment after being in Brussels several days ago to participate in the EU-hosted New Deal Conference on Somalia, and then visiting Bamako to pledge our support to Mali’s newly formed Government. As stated by the international community and many observers, the recent election of President Ibrahim Boubacar Keita will open a new era of peace and reconstruction for Mali and we will be an active partner in this immense task.

The Brussels conference marks the anniversary of last year’s political transition and culminated in the endorsement of a “Compact” against which the international community pledged $2.4 billion through 2016. The conference, hosted by the EU and the Government of Somalia led by President Hassan Sheikh Mohamud, not only helped consolidate international political support for Somalia but also generated considerable momentum for the country’s development plans and a path to international debt relief.

There is an urgent need to address migration within the development community

Dilip Ratha's picture

Migration provides a fast path to poverty reduction, perhaps a faster path than that offered by trade, capital flows and technology transfer. Yet, it remains ignored, its potential untapped by the development community.

Over 230 million international migrants send home over $400 billion in remittances, providing a stable lifeline to perhaps a billion people in poor, small and fragile countries. Remittances finance necessities, healthcare, education for children, and even small business investments. In the destination country, migrants provide labor and scarce skills for their employers, and create businesses and jobs for others. Migrants facilitate trade, skills, and technology transfers between countries. Diaspora savings are estimated to exceed $400 billion annually, and can be mobilized for financing of development goals. By some estimates, the global welfare gains from a relatively small increase in cross-border labor mobility could be larger than complete trade liberalization.

For Open Governments, Does Virtue Merely Attract Punishment?

Sina Odugbemi's picture

A while back, a friend and colleague here at the World Bank told me of an experience that bothered him. He had been talking to a minister in an African country where the government had been making strenuous efforts to become more open and transparent. It had passed a Freedom of Information law, made quantities of government information available, liberalized the media sector, thus creating a vibrant, even raucous public sphere…all the things people like me urge developing country governments to do. In a couple of neighboring countries, said the minister, the governments had gone in the opposite direction. They had restricted access to official information, clamped down on the press, and were generally thuggish towards the media, civil society activists and so on.

 What the minister asked my colleague is roughly this:
 

‘Can you guess which government is being painted as corrupt and incompetent by local and international NGOs and the local and international media? Ours!’

Tales from the Development Frontier

Hinh T. Dinh's picture

How have China and other countries resolved the binding constraints in light manufacturing to create jobs and prosperity? This vital question is answered in a new book based on unprecedented access and detailed interviews at hundreds of Chinese firms in more than 15 cities (including the coastal regions that have fuelled the export boom), as well as visits to a dozen countries in Africa and Asia. The book, Tales from the Development Frontier: How China and Other Countries Harness Light Manufacturing to Create Jobs and Prosperity, focuses on labor-intensive manufacturing (apparel, leather goods, agribusiness, woodworking, and metal products). It is part of the Light Manufacturing in Africa Project being undertaken by a World Bank team in the Development Economics Vice Presidency. We draw from  analytical reviews, case studies, and the testimony of individual entrepreneurs to show how developing countries can grow manufacturing to create jobs and foster prosperity.


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