Statistics show that what is commonly perceived as an energy gap in India is actually an efficiency gap.
But first, the good news. . That same year, power shortages declined dramatically to 0.9 percent from 8.5 percent in 2012.
As for clean power,
On top of that,
The country faces a monumental task to meet this demand while protecting its natural environment and the health of its people.
As I write in my new report, ‘In the Dark’, power distortions cost India much more than previously estimated: $86 billion in 2016—that is 4 percent of the country’s economy.
Statistics show that what is commonly perceived as an energy gap in India is actually an efficiency gap.
Will diversifying its economy help Bhutan address its youth unemployment, let alone its macroeconomic volatility and vulnerability?
With the right approach, yes.
And to that end, the latest World Bank Bhutan Development Report: A Path to Inclusive and Sustainable Development proposes solutions relevant to Bhutan’s context.
as described in the 10th and 11th five-year plans.
Diversifying the economy is touted as a standard prescription to cure such development ailments as joblessness, low productivity, and macroeconomic volatility.
However, international experience shows that this prescription does not always work.
Case in point: A World Bank’s analysis Diversified Development concludes that in resource-rich countries, investing in physical capital, human capital and economic institution are the best ways to sustain growth in the private sector.
Further to that, the development of specific sectors, which is often a common ingredient of diversification strategies in certain countries, is neither necessary nor sufficient for private-sector-led growth.
- Jobs and Development; Skills; Human Capital
- Human Capital Project
- Human Capital Index
- human capital accumulation
- Human Capital
- Social Development
- Public Sector and Governance
- Private Sector Development
- Law and Regulation
- Financial Sector
- Climate Change
- South Asia
In a remote village in Bihar’s Bhojpur district, Sushumlata sits behind a spanking new desk in a newly-refurbished government building.
From the time she came to the village as a new bride, this young woman has chosen to get involved in community affairs by joining the Self Help Group (SHG) movement.
Later, armed with a master’s degree in social work, she joined active politics and, in 2016, was elected the Mukhiya, or head of the Dawan village Gram Panchayat – the local governance institution – under the seat reserved for women.
Sushumlata is the face of the government in this remote corner of Bihar. When we visit her in the newly upgraded Gram Panchayat building – refurbished under the World Bank (IDA) funded Bihar Panchayat Strengthening Project – she tells us how the newly painted and equipped building has made a difference.
A young man is busy on a computer beside her, helping an elderly gentleman apply for a government pension.
“Sí, sabes que ya llevo un rato mirándote
Tengo que bailar contigo hoy”
The Despacito tune blared in the bus, and my fellow riders kept tempo to the rhythm.
I was recently on mission in the Punjab province, Pakistan, on my way to the Shalimar Gardens for some sightseeing on my day off.
The last thing I expected to hear was the top song of 2017 on a bus in Lahore but in hindsight, this shouldn’t have surprised me.
We live in a global community, and across the world, individuals are getting more connected every day. Music perfectly exemplifies this – a universal language which we can all understand. With this increased connection comes higher expectations.
In addition to roads and clean water, citizens now demand that their government provide reliable digital connectivity. And when taxes and other revenues are not sufficient to cover this and other public services, governments must borrow to pay for it.
Managing public debt was precisely my reason to be in Lahore where I introduced a cash flow tool the World Bank helped design.
If, like me, you’re a firm believer in New Year’s resolutions, early January ushers in the prospect of renewed energy and exciting opportunities. And as tradition has it, it’s also a time to enter the prediction game.
To sum up:
Notably, and despite increasing conflicts and growing fragility, Afghanistan is expected to increase its growth to 2.7 percent rate this year.
In this otherwise positive outlook, Pakistan’s growth is projected to slow to 3.7 percent in fiscal year 2018-19 as the country is tightening its financial conditions to help counter rising inflation and external vulnerabilities.
However, activity is projected to rebound and average 4.6 percent over the medium term.
Considered superior for their health and nutrition benefits, these so-called ‘Superfoods’, often considered “new” by the public are now ever-popularized by celebrity chefs and have become all the rage of foodies from San Francisco to Singapore.
We live in a world of paradox, where old world and almost forgotten food like Quinoa (which dates back as a staple food over three thousand years to Andean civilization but largely disappeared with the arrival of the Spanish) is now back on the menu.
Salmon, a staple part of Nordic diets from paleolithic times and woven into the culture of native populations across northwestern Canada and many other superfoods share comparable stories.
And, there are many other old world foods, indigenously known, disappearing but not fully forgotten, yet to be re-discovered.
For example, .
While economies such as Bangladesh, India, and Pakistan may look strong, just as bellies look full,
And parents, from both rich and poor nations alike, seem to know something is not quite right.
If healthier food choices that are accessible, affordable, and readily available are better known, would parents purchase such food from the market for their families?
With a small grant from the World Bank-administered South Asia Food and Nutrition Initiative (SAFANSI) supported by the EU and the United Kingdom, a partnership with WorldFish was established to test this premise.
A 60 second TV spot, a collaboration between scientists, economists, a private sector digital media company, broadcasters and the Government of Bangladesh, was created and broadcast across the nation on two occasions and watched by over 25 million people.
A parallel radio program was also developed and aired reaching millions more, particularly the rural poor and marginalized communities.
And power outages across the country have gone down drastically over the past few years.
After peaking in 2006, per capita electricity consumption failed to grow for almost a decade, remaining only one-fifth the average for other middle-income countries in 2014.
Fittingly, my new report
The study sheds new light on the overall societal costs — not merely the fiscal costs as in previous research — of subsidies, blackouts and other distortions in the power sector.
To that end, my team and I surveyed Pakistan's entire supply chain from upstream fuel supply to electricity generation, transmission and distribution, and eventually, down to consumers.
Put simply, the numbers we found are dire.
Problems begin upstream, where gas underpricing encourages waste and reduces incentives for gas production and exploration.
And with no recent significant gas discoveries, higher gas usage has widened the gap between growing demand and low domestic supply.
On top of that, the volume of gas lost before reaching consumers reached 14.3 percent in fiscal year 2015. By comparison, this number is about 1 to 2 percent in advanced economies.
Poor transmission contributed to 29 percent of the electricity shortfall in fiscal year 2015, while weak infrastructure, faulty metering and theft cause the loss of almost a fifth of generated electricity.
Electricity underpricing and failure to collect electricity bills have triggered a vicious “circular debt” problem, leading to power outages.
A lack of grid electricity also leads to greater use of kerosene lamps that cause indoor air pollution and its associated respiratory infections and tuberculosis risks.
Lack of access to reliable electricity also adversely impact children’s study time at night, women’s labor force participation, and gender equality.
About 15 minutes after we turn off the highway at Fatehpur, a roadside trading center located 120 km from Lucknow, the capital of Uttar Pradesh, a mild haze blankets the sky.
As we drive deeper into the increasingly bare and desolate landscape, the wind blows stronger, and the haze thickens into dust plumes.
I lower the car window and find the source of the dust: patches of abandoned land, coated with very fine powder in various shades of white and grey.
We are in a village with salt-affected soils, part of the millions of hectares of India’s wastelands.
Characterized by dense, impermeable surface crusts and accumulation of certain elements at levels that are toxic to plants, these sodic wastelands no longer support crop growth – they have been abandoned by farmers.
Our journey continues for another 30 minutes, the wind still blows strong, but dust plumes have given way to clearer skies.
We have reached Mainpuri, where, with World Bank support, sodic wastelands have been reclaimed and brought back to life, rolling back the unsavory spectacle of ecological destruction that once was the hallmark of the village.
Now in its third phase, .
. These Nepali heroes deserve to be read about, known and lauded for their efforts.
The campaign runs every year from 25 November, the International Day for the Elimination of Violence against Women, to 10 December, Human Rights Day.
The World Bank Group believes that no country, community, or economy can achieve its potential or meet the challenges of the 21st century without equal participation of women and men, girls and boys.
In 2001, only one million Afghan children attended school–none of them girls.
Amina, a 9th grade student, is one of over 3 million girls that now attend school through the contributions of the Afghan people and support from the international community.
"I have seen many improvements at my school. We are learning more now through better teaching methods and materials,” she said. Amina is one of the millions of Afghans whose lives have improved and has great hopes for the future.
As the first country that I visited after becoming the World Bank’s Vice President for the South Asia Region in July 2018, .
The country has immense potential. Located in the center of a fast-growing region blessed with a young population and abundant natural resources, .