Child marriage. It’s a phrase that was barely uttered or understood in the global development community even just 10 years ago. Yet over this past decade, some 140 million girls, most living in the developing world, have married before the age of 18, forcing them to drop out of school and become pregnant before their bodies and minds are ready. Child marriage may also lead to increased intimate partner violence, restricted mobility, limited access to families or friends, and limited ability to engage in their community’s and country’s development.
Road safety may not be the first thing that comes to mind when thinking of ending extreme poverty. But poor road safety conditions affect the world’s poorest people the most.
Take the case of Africa. While every other region around the globe registered a decline in road fatality rates between 2010 and 2013, Africa’s rate rose. The continent now has the highest regional fatality rate with 27 deaths for every 100,000 people. Low-income countries’ share of global deaths increased from 12% to 16% during the same period. Yet these nations account for only 1% of total global vehicles.
With positive signals for fertility decline emerging in sub-Saharan Africa, and development economists debating the potential for African countries to see a “demographic dividend,” it’s a good time to look more closely at the data linking female education and childbearing.
Imagine having to skip work every month to travel to the city center just to pay your electricity bill or your child’s school fee? Would you not worry if your income relied on remittances and you were unable to pay rent because they were tied up in a network of agents? And wouldn't it frustrate you if you didn’t have a say in how your salary was spent or invested?
Having a bank account could help in all of these situations. Most of us probably have auto-pay set up so we don't need to worry about our monthly bill payments or money transfers. But the conveniences we take for granted are out of reach for the world's 1.1 billion women who lack an account. According to World Bank’s Global Findex database, men in developing countries are 9 percentage points more likely than women to own an account. The gap is largest in South Asia, where only 37 percent of women have an account compared with 55 percent of men.
This Children’s Day, I am thinking back to an event on the link between quality education and inclusive growth that we had last month in Lima, Peru. The event was memorable not only because of Eric Hanushek’s excellent presentation and the lively panel discussion that followed, but also because there were many students from Lima in the audience.
A month later, I still remember the young faces and how intently they were paying attention to everything that was being said about their futures. At the time, I thought, this is how it should be. There should always be children and youth involved and engaged when the discussion is about them.
Leading up to the 26th anniversary of “Africa Industrialization Day,” a big new report by the UN Economic Commission for Africa (UNECA) puts the structural transformation of African economies through industrialization back in the spotlight as imperative to ensure sustained economic growth and poverty eradication on the continent.
The recently-published Regional Economic Outlook for Sub-Saharan Africa (SSA) by the International Monetary Fund underscores the enduring view of international financial institutions that the depth, pace and perfecting of structural reforms needs to continue, not only for competitiveness and growth but also for resilience should external headwinds emerge. The report also presents an important opportunity to further develop this agenda, by the additional treatment of the underlying causes, particularly non-price based ones, and thereby generate a more actionable view of the growth, competitiveness and equality trends so incisively presented in the report.
Just two weeks ago, the citizens of Sierra Leone celebrated the end of Ebola transmission in their country with cheering and dancing in the streets of Freetown. It’s a milestone worth celebrating in a country that has suffered nearly 4,000 deaths from the deadly virus.
In the run-up to the COP21 climate conference, one question becomes central: where will we find the solutions on the ground—and the people to implement them—to realize the renewed political ambitions on climate?