Also this week, world leaders are in France – site of the 1918 Armistice signing – for the Paris Peace Forum. They are marking the occasion, but also working to address the international tensions that cause unrest in our day and age, and the initiatives aimed at preventing them: cooperation to fight climate change, resource scarcity, globalization and technological disruptions; institutions to channel power rivalries and administer global public goods; justice to assuage grievances and frustration, regulation to address inequalities and abuses of power; and peacebuilding and security.
I participated in the Forum yesterday with other colleagues from the World Bank and highlighted the plight of one group for whom conflict and fragility make worse an already tenuous situation: the world’s poor.
The ICP blog series explores ideas and issues under the International Comparison Program umbrella – including innovations in price and data collection, discussions on purpose and methodology, as well the use of purchasing power parities in the growing world of development data. Authors from across the globe, whether ICP practitioners or researchers making use of ICP data, are encouraged to submit relevant blogs for consideration to [email protected].
Earlier this summer, new data published by the World Bank showed that the Gross Domestic Product (GDP) of India had recently surpassed that of France, and that it was on track to overtake the UK economy too. Many news outlets jumped upon this new ranking of India’s economy, now sixth from top. But most media articles did not mention that the World Bank’s other measure, which compares GDP across countries using purchasing power parities (PPPs), has placed India ahead of both France and the UK for the last 25 years.
In the last few years, CSA—which is an approach to agriculture that boosts productivity and resilience, and reduces GHG emissions- has gained momentum as understanding of its critical importance to the food system has risen. Nearly every government representative and farmer I meet during my missions (most recently in Bangladesh, Nepal and Pakistan) expresses genuine interest in making CSA part of their farming routines and agricultural sector.
This momentum is reflected in the Bank’s own actions. Since the Bank started tracking CSA in 2011, our CSA investments have grown steadily, reaching a record US$ 1 billion in 2017. We expect to maintain and even increase that level next year as our efforts to scale up CSA intensify.
For three days this month, the West African nation of Senegal was in the spotlight of global efforts to combat climate change and improve education in a rapidly changing world.
French President Emmanuel Macron and Senegal’s President Macky Sall co-hosted a conference in Dakar to replenish the Global Partnership for Education (GPE) – a funding platform to help low-income countries increase the number of children who are both in school and learning.
African leaders and partners stepped up to announce their commitment to provide an education that prepares children to compete in the economy of the future and advances socio-economic progress.
Heads of state from across the continent described their challenges—including terrorism, insecurity, the influx of refugee children who need an education, the strain on national budgets, and the cultural bias against educating girls.
Tomorrow, on December 12, 2017, exactly two years after the signing of the historic Paris Agreement, the government of France will be hosting the One Planet Summit in Paris to reaffirm the world’s commitment to the fight against climate change. [[avp asset="/content/dam/videos/ecrgp/2018/jun-19/video_blog_with_ede-sameh_on_climate_summit_-_final_hd.flv"]]/content/dam/videos/ecrgp/2018/jun-19/video_blog_with_ede-sameh_on_climate_summit_-_final_hd.flv[[/avp]]
At the summit, mayors from cities around the world, big and small, will take center stage with heads of state, private sector CEOs, philanthropists, and civil society leaders to discuss how to mobilize the financing needed to accelerate climate action and meet the Paris Agreement goals.
To celebrate the Visitor Center’s opening and to commemorate the 70th anniversary of the World Bank’s first loan – Loan 0001 to France for reconstruction following World War II – . Correspondence and memoranda on the negotiation, administration, and repayment of the 1947 loan to France are now accessible on the World Bank’s Projects & Operations website along with other relevant resources and information.
The Lycée Eucalyptus, a high school in Nice, France, sits close to the airport, surrounded to the west and north by a resolutely working-class neighborhood and by a more middle-class area to the east. The school has a heterogeneous group of students who stay for the most part to themselves. So, for a working relationship to form between Marwan, 12, a Syrian refugee, who has only been in France a few months and speaks little French, and Charlotte, 17, the captain of the girls’ tennis team, is quite remarkable.
This is important, as the sharing economy has the potential to bring efficiency gains and improve the welfare of many individuals in the region.
This can also generate important disruptions.
While online platforms represent a small fraction of overall incomes, the share of individuals participating in these platforms is large in many European countries. For example, roughly 1 in 3 people in France and Ireland have used a sharing economy platform, while at least 1 in 10 have in Central and Northern Europe (see figure below).
At the same time, the share of the population that has used these platforms to offer services and earn an income is also significant, reaching 10% or more in France, Latvia, and Croatia. This means that at least one out of every ten adults in these countries worked as a driver for a ride-sharing platform such as Uber, rented out a room of his or her house using a peer-to-peer rental platform such as Airbnb, or provided ICT services through an online freelancing platform such as Upwork, to name a few examples.
- business regulation
- labor markets
- Disruptive Technologies
- disruptive innovations
- social safety nets
- ICT Regulation
- online work
- digital development
- digital dividends
- Sharing Economy
- Private Sector Development
- Climate Change
- Law and Regulation
- Labor and Social Protection
- Information and Communication Technologies
- Europe and Central Asia
- Russian Federation
These metropolitan areas face a common challenge: effectively coordinating planning, infrastructure development, and service delivery across multiple jurisdictions. This is particularly difficult in developing countries, which often lack the necessary legal, institutional, and governance apparatus to undertake such coordination. The New Urban Agenda issued by the Habitat III conference in 2016 identified
Fortunately, To help spread existing good practice and co-create new solutions, the World Bank has been supporting a community of practice (CoP) on metropolitan governance, or MetroLab, which brings together officials from metropolitan areas in both developing and developed countries for peer-peer knowledge and experience sharing. Since its launch in 2013, MetroLab has held eight meetings in various cities, including Bangkok, Mumbai, New York, Paris, Rio de Janeiro, and Seoul.
The most recent meeting took place in Tokyo from January 30 through February 2. Organized by the World Bank’s Tokyo Development Learning Center, the Tokyo MetroLab brought together mayors, city planners, and finance officials from nine developing cities. They were joined by experts from the World Bank, New York’s Regional Plan Association, the Seoul Metropolitan Government, and Advancity—Paris’ Smart Metropolis Hub.
In this video, Lydia Sackey-Addy, one of the participating officials from Accra, Ghana, as well as the World Bank’s Senior Director Ede Ijjasz-Vasquez (@Ede_WBG) and Lead Urban Economist Maria Angelica Sotomayor (@masotomayor) tell us how they are working together to make the Accra metropolitan area more resilient and sustainable for its residents.
Technology is shaking up labor markets around the world. Increasingly intelligent machines are taking over routine jobs. Three-D printing is making many traditional, labor-intensive production processes obsolete. In total, almost half of all jobs may be at risk in the United States due to automation. Job losses are no longer just limited to blue collar occupations, but increasingly also affect high-paying white collar jobs such as in insurance, in the health sector or even in government bureaucracies. Is this the end of work as we know it? Not so fast, say some, who argue that technological progress and automation have not necessarily led to less demand for work on aggregate. An often cited example is the fact that the introduction of the automatic teller machine was accompanied by an expansion in retail banking jobs as banks opened more branches.