In 2016, World Bank Ethiopia launched a Blog4Dev contest inviting students to share their ideas for how Ethiopia can reach middle-income country status without leaving anyone behind. This is the second of three winning entries.
How can Ethiopia reach middle-income country status without leaving anyone behind?
The business case for greater diversity and inclusion of Lesbian, Gay, Bisexual, Transgender and Intersex (LGBTI) staff is now well documented, and the corporate world is making solid progress towards LGBTI equality at the workplace. The message is also slowly but surely sinking into international organizations such as the World Bank Group, for which diversity is also synonymous with greater productivity, collaboration, innovation and creativity. In particular, LGBTI-supportive policies are linked to less discrimination against LGBTI employees and more open corporate cultures. Less discrimination and more openness (or less concealment), in turn, are also linked to greater job commitment, improved workplace relationships, improved health outcomes (concealment of sexual orientation is associated with increased psychological distress) and increased productivity among LGBTI employees.
The issue of child soldiers is a modern blight with a long historical pedigree. Once the norm, documented back to the classical world and prevalent till the 19th century, the phenomenon was thought to be slowly disappearing as the modern nation state came into being. Yet it is now seen in almost every continent and in almost every conflict, though rarely among formal militaries.
There is no denying that governments around the world are expanding investments in education technology, from inputs that students use directly (like Kenya’s project to put tablets in schools) to digital resources to improve the education system (like Rio de Janeiro’s school management system). As public and private school systems continue to integrate technology into their classrooms, remember that education technology comes with risks.
Globally, more and more people are embracing the sharing or platform economy. Some estimate that the sector’s revenues will increase to $335 billion globally by 2025. According to the Future Jobs Survey, conducted by the World Economic Forum, among top technological drivers of industrial change by 2020, the sharing economy, crowdsourcing takes the fifth place, with mobile internet, cloud technology taking the lead.
So what will the impact of these drivers be on the industries? Will there be new industries born as a result of these transformations? If so, will we be able and ready to respond to those changes? Will we have necessary skill sets to compete in the work force? Future holds both opportunities and challenges for industries, corporations, governments, and others concerned with the technological advancements.
What exactly is the sharing economy? Are you using some of its platforms? Do you benefit from their services?
Impact evaluations of interventions aiming at reducing intra-partner and sexual and gender-based violence (IPV-SGBV) have mostly failed at detecting statistically significant impacts.
This is the first blog in a series on forests and livelihoods.
Africa’s forests, landscapes, and ecosystems have many contributions to development. They contribute directly to the well-being and food security of poor people. According to the World Bank Forest Action Plan, the impact of forests on poverty is greatest in Africa, with forest-related income lifting 11% of rural households out of extreme poverty. Forests also supply critical raw materials needed to grow the economy, provide habitat to rich flora and fauna, regulate hydrology, and sequester carbon.
Cross-border banking has grown dramatically in recent decades through financial liberalization, consolidation, and integration around the world. In the pursuit of higher profitability and diversification, many banks extended their activities beyond their home countries, opening branches or subsidiaries abroad and making the global banking landscape more international. The share of foreign banks in host countries increased from around 25% in 2000 to 33% in 2007. Even though the share of assets owned by foreign banks declined from 13% in 2007 to 10% in 2013, the share of foreign banks as the total number of banks was still 36% in 2013 (Claessens and Van Horen, 2015).
Tightening supply and strengthening demand are behind this rebound in prices, which had been in steady decline since 2011, according to the January 2017 Commodity Markets Outlook.
Energy and non-energy commodity price indexes are projected to increase by 26 and 3 percent respectively in 2017. The Agricultural Price Index is expected to remain stable. Prices for industrial commodities such as energy and metals appear to have bottomed out in 2016, and are forecast to rise substantially this year due to strong demand and tight supplies. Read more in Commodity Markets Outlook.