When I visited Peru for the first time last month for a business development trip, I met with the heads of some leading private education institutions. At the end of my visit, I decided to book a cultural tour of Lima. During the tour, I asked our guide Marcos where he learned English as I found him very articulate, knowledgeable and with a good sense of humor. To my pleasant surprise and astonishment, he told me that he learned it by himself, mainly online. He then started practicing with visiting tourists until he became more comfortable leading tours himself.
The Roma are Europe’s largest ethnic minority group, and arguably the most discriminated-against one. Despite efforts to promote Roma inclusion over the last decades—including from the European Union institutions, governments, development organizations, and civil society organizations—a large share of the Roma remain poor, and have inadequate access to basic services.
Action is needed to address these problems and ensure that everyone – regardless of race, gender, age, sexual orientation, or gender identity - has an equal chance to live a healthy and prosperous life
This is not only the right thing to do, it also makes economic sense: a growing body of evidence indicates that discrimination against LGBTI people has a negative economic impact on society.
On March 10, a World Bank team of urban specialists will visit Alexandru Ioan Cuza University in Iasi to engage academics, students, local authorities and stakeholders in discussing the role of secondary cities in supporting sustainable growth and improved economic opportunities in Romania.
Strengthening Romania’s secondary cities is vital to supporting the country’s efforts in converging faster with the EU and generating sustainable, long-term growth. In turn, rapid growth comes with a set of challenges that cannot be tackled by local authorities alone.
This year’s International Women’s Day “Women in the Changing World of Work: Planet 50-50 by 2030” places great emphasis on equality and economic empowerment. When countries give women greater opportunities to participate in the economy, the benefits extend far beyond individual girls and women but also to societies and economies as a whole. A recent study shows that raising labor participation of women at par with men can increase GDP in the United States by 5 percent, in the UAE by 12 percent and in Egypt by 34 percent.
As the new government in Bucharest starts implementing its program - looking for strong, sustainable and equitable drivers of economic growth - I would argue that one of the first areas where the authorities should focus is a continuation of the reform and modernization of Romania's large, state-owned enterprises (SOEs) that was initiated several years ago.
Accelerating the process of convergence with the European Union requires renewed attention to the structural reform agenda, including in the SOE sector. An improved SOE performance will increase Romania’s long-term economic growth potential, create better jobs, and have positive spillover effects on local and regional development - in addition to higher budget revenues.
Last year, we posted a blog – Resolving Minor Disputes Matters Big Time for the Poor – which highlighted how courts can fast-track minor disputes to deliver faster, cheaper and more appropriate justice and how – for the poor and for micro and small businesses – this may be their only path to justice.
Increasingly, citizens and businesses demand fast-tracking services for small cases and, according to Doing Business data, 138 economies have a small claims procedure of some kind. So courts across the world are eager to learn how to roll out such reforms – either to introduce a fast track procedure or to improve on an existing one.
Jobs are what we earn, what we do, and sometimes even who we are. For the poor and vulnerable of the world, jobs are key to ending poverty and driving development. But not all jobs are equally transformational. Good jobs add value to society, taking into account the benefits they have on the people who hold them, and the potential spillover effects on others. For example, inclusive jobs, such as those that employ women, can change the way families spend money and invest in the education and health of children.
- Private Sector Development
- Latin America & Caribbean
- The World Region
- South Asia
- South Africa
- Burkina Faso
- Cote d'Ivoire
- West Bank and Gaza
- Sri Lanka
In Romania, as in many high-income countries, women have for many years eclipsed men both in terms of numbers of graduates and educational attainment, and yet these advances in education are not matched in the workplace. I hope that all who read this blog will take a moment to think about how they can play a role in supporting women’s empowerment and ending discrimination in the workplace.