Join us for #SLDU2017: Economic Benefits of Environment Management. This Twitter chat will be hosted by World Bank South Asia (@WorldBankSAsia) in collaboration with the Institute for Policy Studies IPS (@TalkEconomicsSL).
When is it?
August 21, 2017 from 5.30 – 7.30 pm
The chat will explore the findings of the Sri Lanka Development Update (SLDU), published this June.
I look forward to engaging with you together with a panel from different areas of expertise.
We’ll be discussing priority reforms with a focus on how Sri Lanka can better manage both its business and natural environment to bolster economic growth and sustain development.
In recent years, natural disasters have left parts of this island nation devastated, exacting a significant economic, fiscal and social toll. The SLDU identifies other challenges as well, pressing the case for fiscal consolidation, a new growth model, improved governance and programs to buffer against risk.
The latest update cautions against adopting piecemeal solutions, noting that the challenges facing the island nation are inter-linked and require a comprehensive and coordinated reform approach.
In the end, we also hope this Twitter chat will allow us to learn from you as we begin our preparations for the next SLDU.
How can you participate?
Never taken part in a Twitter chat before? It’s simple. Just think of this as an online Q&A. @WorldBankSAsia will moderate the discussion, posing questions to panellists. You are encouraged to join in too! Follow along, retweet and engage. If you have a question, simply tweet it out using the hashtag #SLDU2017. We’ll see it and try to get you some answers.
Private Sector Development
Zimbabwe is not known as an economic dynamo in Africa. In fact, most people who know anything about the country probably have the opposite impression. Yet not so long ago, Zimbabwe was the bread basket of Africa – endowed with amazingly fertile land, abundant mineral resources, and one of the best educated populations on the continent.
Afghanistan is not exactly an easy place to undertake a rigorous study on the ease of doing business. And collecting primary data for a micro-based study in Kabul and several Afghan provinces can be a daunting task. Just how daunting is underscored by the fact that the country conducted its most recent census almost 40 years ago, in 1979. Vast tracts of the country remain unsafe and many of its provinces are inaccessible.
Despite the security challenges, our experience from the recently launched Subnational Doing Business in Afghanistan report shows that the barriers to collecting micro data are not insurmountable. The data and related findings can help guide business reforms toward the kind of smart regulations that are imperative for attracting private sector investment to the capital city and beyond. A regulatory environment that enables private enterprise, especially small and medium firms, to function and be creative boosts job creation and is, therefore, good for the economy.
The report, the first of its kind in Afghanistan, benchmarks Kabul and the provinces of Balkh, Herat, Kandahar and Nangarhar across four Doing Business indicators: Starting a Business, Dealing with Construction Permits, Getting Electricity and Registering Property.
The key takeways?
Kabul leads in two of the areas measured, Starting a Business and Getting Electricity. Kandahar ranks first in Dealing with Construction Permits and Registering Property, while Balkh comes in second in all four areas measured by the report.
Regulatory quality and efficiency vary considerably among the five locations. Rolling out reforms already implemented in Kabul across all of Afghanistan would improve the business environment for entrepreneurs in the provinces.
- By adopting all the good practices, Afghanistan could move up 11 places in the global Doing Business ranking, to 172.
- South Asia
- Middle East and North Africa
- Law and Regulation
- Private Sector Development
- Conflict and Fragility; fragile and conflict affected states; fragile states; fragility; FCV; Afghanistan; doing business; ease of doing business; private enterprise; entrepreneurship; business regulations;
Just ask the investors: businesses in emerging markets can no longer afford to ignore the risks posed by the changing climate to their bottom lines. Ranging from increasingly frequent and severe weather events to new regulations and changing consumer preferences, climate change is fundamentally transforming the way we do business. Increasingly, companies and their investors are seeking opportunities to transition to and invest in climate-smart portfolios.
Landing a job after college can be difficult anywhere, but it is especially hard in conflict-affected economies, such as Palestine. Joblessness and job insecurity are an unfortunate reality for too many young Palestinians.
From basic financial services to board rooms, strengthening women’s role in finance is one of the keys to boosting economic growth.
In every country, women and men alike need access to finance so that they can invest in their families and businesses. But today, 42% of women worldwide – about 1.1 billion – remain outside of the formal financial system, without a bank account or other basic tools to manage their money.
In a world divided over how to deal with such serious problems as terrorism, immigration, free trade, and climate change, governments agree on the urgency of solving what is arguably the biggest problem of all: supplying safe, well-located, and affordable housing for the billions of people who need it.
There is even agreement on the basic steps to that goal: improving land management and adopting more tenure-neutral policies.
There is also consensus on the fact that government alone cannot afford to pay the bill. According to McKinsey & Co., the annual price tag for filling the “global housing gap” ($1.6 trillion) is twice the cost of the global investments needed in public infrastructure to keep pace with GDP growth.
As we approach the 70th anniversary in 2018 of the declaration of housing as a “universal human right,” it’s time for governments to turn to an obvious solution for closing the housing gap that they continue to ignore only at their peril: long-term market finance. , and so will the odds of social discontent.
We’ve just released the 2016 update for the World Bank’s Private Participation in Infrastructure (PPI) Database and it makes for some gloomy reading. Investment commitments (investments) in infrastructure with private participation in Emerging Markets and Developing Economies (EMDEs) fell by a whopping 37% compared to 2015.
Disponible également en English
Babah Salekna El Moustapha, co-fondateur de la Société Mauritanienne pour l'Industrie de Charbon de Typha (SMICT) avec Mohamed et Moctar Abdallahi Kattar. Photo Crédit : Moussa Traoré, HADINA.
« Innovez pour le climat. Travaillez de manière durable. » Ce slogan a lancé l'appel à candidatures de la dernière initiative de soutien à l'entrepreneuriat du Groupe de la Banque mondiale en Mauritanie, le Marathon de l’Entrepreneur – un concours à l' échelle nationale qui permettra d'identifier et d' accompagner une nouvelle génération d'entrepreneurs. Cette compétition est une initiative du Groupe de la Banque mondiale, en partenariat avec le Ministère de l'Economie et des Finances, et avec Hadina RIMTIC qui agit comme véhicule central par lequel le soutien du bailleur et du secteur public peut être transféré aux aspirants entrepreneurs mauritaniens.
Annoncée en avril, la compétition accompagne 21 nouvelles ou jeunes entreprises, leur fournissant des services de formation, d'encadrement et d'autres services d'incubation pour les aider à élaborer un plan d'affaires final et, fondamentalement, à tester les hypothèses qui sous-tendent leurs idées d'entreprise.