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January 2017

Chart: Gender Quota Laws Have Spread Worldwide Since 1990

Tariq Khokhar's picture

Over the last 25 years, different forms of gender quotas for representation in national legislatures have spread globally. Out of 74 countries studied where gender quota laws were passed, the 2017 World Development Report finds that 26 had achieved the quotes, and as of 2016, 48 countries had yet to do so.

Read more in 11 charts from the 2017 World Development Report on Governance & The Law

Looping in local suppliers rather than forcing out international firms

Anabel Gonzalez's picture



An instructor at the Savar EPZ training center in Dhaka, Bangladesh, helps young women being trained to make shirts. Photo Credit: © Dominic Chavez/The World Bank


Increasing economic prosperity for developing countries is related not only to rising trade, but also – and more important – to transforming the traditional composition of what they produce and export. In the world today, many developing countries strive to diversify away from exporting commodities toward higher-value-added goods and services.

The evolution of trade and investment flows over the last three decades shows that foreign direct investment (FDI) can be a powerful driver of exports, a creator of well-paid new jobs and a crucial source of financing. More important, FDI may become a very rapid and effective engine to promote the transfer of technology, know-how and new business practices, helping to raise productivity and setting a country on the course of convergence. This is particularly the case of efficiency-seeking FDI – that is, FDI that locates productive processes in a country seeking to enhance its ability to better compete in international markets-.
 
The benefits of FDI are further leveraged when local firms can catalyze the presence of foreign investors to connect to global and regional value chains (GVCs). As a result of new international firms investing in a host country, great new opportunities arise for local enterprises to supply the inputs – be it goods or services – that their international counterparts need.

This has been the experience of Bangladesh, where local suppliers have grown in tandem with foreign investors in the garment sector. It is through linkages with international investors that local firms can gradually be lured into producing new goods and services that, until then, were not produced in the host country.  This is how economic diversification and greater value added are generated.

Multinational enterprises (MNEs) and their key partners (Tier 1 suppliers) are generally keen to source locally if a competitive local supplier can be found. However, they are also reluctant to absorb high search-and-find costs, and they will typically not invest in assisting local suppliers with upgrading efforts. Likewise, local firms are generally keen to supply to foreign firms, but are often not ready to make the necessary investments in technology and in processes to meet strict quality standards without a clear line of sight on potential payoff for such investment.

Quote of the week: Jean-Claude Juncker

Sina Odugbemi's picture
"We all know what to do, we just don't know how to get re-elected after we've done it."
 
- Jean-Claude Juncker - The President of the European Commission.

Quoted in Financial Times print edition September 17, 2016 "Essay" by James Crabtree.

Photo credit:
By Factio popularis Europaea [CC BY 2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons

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Devolution of PPP enabling environment institutions: The leadership cascade effect

David Baxter's picture



I have seen several trends emerge from discussions I have had over the past year with PPP public sector practitioners about the ability of their government institutions to promote PPP best practices and enhance enabling environments:

Weekly links Jan 27: Eek your ongoing study makes the news, imperfect instruments, technology beats corruption, and more…

David McKenzie's picture

Three factors that have made Singapore a global logistics hub

Yin Yin Lam's picture
Then vs. now: the Port of Singapore circa 1900 (left) and today (right). Photos: KITLV/Peter Garnhum

When it gained independence in 1965, Singapore was a low-income country with limited natural resources that lacked basic infrastructure, investment and jobs.

A few decades later, the picture couldn’t be more different. Singapore has become one of Asia’s wealthiest nations, due in large part to its emergence as the highest-performing logistics hub in the region (see World Bank Logistics Performance Index).

The numbers speak for themselves. Today, the small city-state is home to the world’s largest transshipment container port, linked to over 600 ports worldwide. Singapore Changi airport is voted the best internationally, and is served by about 6,800 weekly flights to 330 cities. Finally, the island nation’s trade value amounts to 3.5 times its GDP.

Singapore’s achievements did not happen by chance. They result from a combination of forward-looking public policy and extensive private sector engagement. This experience could provide some lessons to any developing country seeking to improve its logistics network. Let us look at three key factors of success.

Stronger together: Stepping up our partnerships with the UN

Hartwig Schafer's picture

A few years ago, West Africa was gripped by the Ebola outbreak. The onset of the virus devastated communities and weakened the economies of Guinea, Liberia, and Sierra Leone.

Ebola moved quickly and an immediate response by development partners was badly needed. The governments of the three affected countries requested assistance from UN agencies and the World Bank to lead a coordinated effort to curb the epidemic. The Bank responded by restructuring ongoing health projects to free up resources for the governments to quickly contract UN agencies.  

Weekly wire: The global forum

Roxanne Bauer's picture
These are some of the views and reports relevant to our readers that caught our attention this week.
 

Corruption Perceptions Index 2016
Transparency International

Let's get straight to the point: No country gets close to a perfect score in the Corruption Perceptions Index 2016. Over two-thirds of the 176 countries and territories in this year's index fall below the midpoint of our scale of 0 (highly corrupt) to 100 (very clean). The global average score is a paltry 43, indicating endemic corruption in a country's public sector. Top-scoring countries (yellow in the map below) are far outnumbered by orange and red countries where citizens face the tangible impact of corruption on a daily basis.

Media Feast, News Famine, Ten Global Advertising Trends that Threaten Independent Journalism
CIMA

Even as citizens feast on an growing buffet of digital media choices, there is an increasing famine of credible, thorough, and independent nationally-focused news reporting. The former masks the latter as people worldwide now have access to an unlimited amount of entertainment through a wide variety of channels and as governments exert more comprehensive and nuanced control over media. Better connected globally, but less informed locally, citizens living in these media environments may not recognize when their rights to be informed about their government and their society are being compromised.

Leave no Ethiopian behind by involving as many citizens as possible, and by solving the country’s challenges

Rediet Firdu's picture



In 2016, World Bank Ethiopia launched a Blog4Dev contest inviting students to share their ideas for how Ethiopia can reach middle-income country status without leaving anyone behind. This is the second of three winning entries.

How can Ethiopia reach middle-income country status without leaving anyone behind?

Making the World Bank Group LGBTI friendly, one step at a time

Caroline Vagneron's picture

The business case for greater diversity and inclusion of Lesbian, Gay, Bisexual, Transgender and Intersex (LGBTI) staff is now well documented, and the corporate world is making solid progress towards LGBTI equality at the workplace. The message is also slowly but surely sinking into international organizations such as the World Bank Group, for which diversity is also synonymous with greater productivity, collaboration, innovation and creativity. In particular, LGBTI-supportive policies are linked to less discrimination against LGBTI employees and more open corporate cultures. Less discrimination and more openness (or less concealment), in turn, are also linked to greater job commitment, improved workplace relationships, improved health outcomes (concealment of sexual orientation is associated with increased psychological distress) and increased productivity among LGBTI employees.


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