It is hard to overemphasize the role of productivity growth in reducing poverty and raising living standards. Sustained productivity increases have made possible the unprecedented rise in prosperity over the last two centuries. Recent evidence suggests that productivity growth has been on the decline around the world for the last decade, with a few exceptions. Understanding whether this is correct, and, if so, what explains it and what can be done, are now priorities for economists and policymakers.
Transport is not gender-neutral. This was the key message that came out of a high-level gender discussion co-hosted by the World Bank and the World Resources Institute during the recent Transforming Transportation 2018 conference, which was held in Washington DC between January 11-12, 2018. This was the first time in the 15-year history of this annual event that a plenary session looked specifically at the gender dimensions of transport.
Women represent the largest share of public transport users around the world, yet they face many barriers that limit their mobility. The numbers speak for themselves. Some 80% of women are afraid of being harassed in public spaces. In developing countries, safety concerns and limited access to transport reducing the probability of women participating in the labor market by 16.5%, with serious consequences on the economy: the global GDP could grow by an additional $5.8 trillion if the gender gap in male and female labor force participation is decreased by 25% by 2025 (International Labour Organization). Women and men have different mobility needs and patterns, yet transport policies for most countries remain unrelentingly gender-blind.
Female participation in the transport sector—as operators, drivers, engineers, and leaders—remains low. According to Harvard Business Review, “women make up 20% of engineering graduates, but nearly 40% of them either quit or never enter the profession.” As a result, the transport industry remains heavily male-dominated, which only makes it harder for women service users to make themselves heard, and limits incentives for the sector to become more inclusive.
The gender plenary at Transforming Transportation brought together five women and two men on the panel to discuss these issues and highlight practical solutions used in their work to ensure inclusive transport.
- women's empowerment
- gender equality
- inclusive growth
- Social Inclusion
- public transport
- urban transport
- violence against women and girls
- Gender-Based Violence
- Gender Inclusion
- Transforming Transportation
- sustainable mobility
- Sustainable Communities
- Urban Development
- Information and Communication Technologies
- Labor and Social Protection
- Social Development
- United Kingdom
“Inclusive growth” has been at the forefront of policy discussions in OECD and non-OECD economies. These discussions reflect a concern that economic growth does not necessarily improve the welfare of all citizens as income inequalities have risen to unprecedented levels over the past decades. The richest 10% of the population in the OECD area earn almost ten times more than the poorest 10%.
Throughout history, innovation has been the main engine of improved living standards and the current period of digital innovation offers similar opportunities. At the same time, periods of substantial technological change are known to be highly disruptive as new technologies render old technologies obsolete. This process creates winners but also losers within and across countries.
More than two months have passed since the whirlwind that was Habitat III, the UN’s once-every-20-year summit on cities and urban development. From big data to climate change, public spaces to municipal finance, the conference truly seemed to have something for everyone. Long queues to enter the conference aside, what was striking was also the sheer number of young participants at the event, many of whom were students, planners and architects from Quito.
We asked visitors to the World Bank’s booth at the Habitat III exhibition to tell us, by writing on postcards, what they thought was needed to create sustainable cities for all. Of the more than 200 postcards received, several recurring themes were clear:
As we commemorate the International Day for the Eradication of #Poverty and #Vietnam’s Day for the Poor today, think what’s the most important question you want to ask about reducing poverty in Vietnam. What do you want to know about ensuring equal opportunities? About social #inclusion? Shared prosperity?
Post your questions at www.facebook.com/worldbankvietnam and we will collect the top 5 questions asked within the next two days.
Today, Cambodia is among the world’s fastest growing economies. Its gross national income per capita increased by more than threefold in two decades, from $300 in 1994 to $1,070 in 2015.
Strong economic growth has helped lift millions of people out of poverty.
The Cambodian people have benefited as the economy diversified from subsistence farming into manufacturing, tourism and agricultural exports. Poverty fell to 10% in 2013, from 50% in 2004. Cambodians enjoy better school enrollment, literacy, life expectancy, immunization and access to water and sanitation.
As an economist, I always thought that sustained growth over many years was the key to reduce poverty and promote development. Now I know, that while growth is important, it is a particular type of growth, the one that is inclusive, that is key for sustained development to take place.
As policy makers we are now focusing all our efforts in identifying and promoting policies targeted at boosting the incomes of the bottom 40 percent of the population. We need to ensure that growth provides benefits to those that are in the lowest deciles of the income distribution.
The sustainable development agenda adopted by world leaders in September 2015 set a series of ambitious goals to end poverty, ensure equal economic growth, and tackle climate change by 2030. Rising inequalities, especially in developing countries, remind us that if we want to achieve these goals, we need more inclusive policies which consider the needs of the most vulnerable and disadvantaged populations.
Policymakers are constantly trying to identify better solutions to address global challenges, and that implies considering different policy options, and making a choice that can benefit each group of the population, which sometimes is extremely difficult. Even well-designed policies might have adverse impacts, particularly on the poor and the most socially excluded groups. That is why we need evidence to support better policy decisions, and that’s when Poverty and Social Impact Analysis (PSIA) gets in the picture. What is exactly PSIA? The World Bank defines it as “an approach to assess the distributional and social impacts of policy reforms on the well-being of different groups of the population, in particular the poor and vulnerable.”
If you lived in Zambia or have been closely following the news about the country, you would know that Zambia had been growing at a steady pace in the last few years. Riding on the back of higher copper production, foreign direct investment in the manufacturing and mining sectors, government investment in infrastructure, and expanding private sector investment in construction and services, Zambia grew at an average annual rate of 6.4% between 2010 and 2014, which was more than the average overall growth rate of Sub-Saharan Africa.