Over the past few decades, cheap and low-skilled labor has provided many countries — including much of East Asia — with a competitive advantage. However, with economies increasingly turning to automation, cheap labor and low skills will no longer guarantee economic growth or even jobs.
“When you are fighting racism or bigotry of any sort, or stereotyping of any sort, you are in combat with the way the mind works. You are, in a weird way, in the world where you are trying to overwhelm impulses. It’s hard to get rid of it. This is how people think.”
Michael Lewis – an American non-fiction author.
Iraq is a country of riches… it is one of the few countries in the Middle East that has an abundance of mineral resources, in the form of oil and gas, as well as an abundance of water, with the mighty Tigris and Euphrates rivers streaming through the cradle of civilization. Along with this comes the sheer scale of human capital that was built over the centuries since the founding of Baghdad. It was said that “Cairo writes, Beirut prints, and Baghdad reads”.
About a year ago, I wrote a blog post on issues surrounding data collection and measurement. In it, I talked about “list experiments” for sensitive questions, about which I was not sold at the time. However, now that I have a bunch of studies going to the field at different stages of data collection, many of which are about sensitive topics in adolescent female target populations, I am paying closer attention to them. In my reading and thinking about the topic and how to implement it in our surveys, I came up with a bunch of questions surrounding the optimal implementation of these methods. In addition, there is probably more to be learned on these methods to improve them further, opening up the possibility of experimenting with them when we can. Below are a bunch of things that I am thinking about and, as we still have some time before our data collection tools are finalized, you, our readers, have a chance to help shape them with your comments and feedback.
Photo credit: Ministry of Transport, Argentina
Only a small fraction of women in rural India have a bank account, reinforcing existing gender inequity. Without access to financial services, women miss out on government benefits, like cash transfers. Alternative for India Development (AID) delivers financial products to women and other underprivileged populations through a unique business model. In partnership with the government and commercial banks, AID established more than 600 Common Service Centers that serve as one-stop delivery points to financial and government services. In just three years of operation, AID opened 200,000 deposit accounts, one-third of which belong to women. Thanks to these accounts, underprivileged populations was able to receive pensions, government subsidies and access free savings accounts.
AID is just one of a large and growing number of businesses that combine profits with impressive development results. These businesses are known as social enterprises, and the innovations they develop play a critical role in providing life-improving goods, services, and employment to hundreds of millions of poor people. Social enterprises can be distinguished from other public and private organizations by the fact that they pursue social objectives through commercially viable business models and are independent from the government.
In his recent blog, World Bank Group President Jim Kim urged the development community to partner with social enterprises to achieve the Sustainable Development Goals. This will require a different approach to scaling results of successful social enterprises, their inclusive innovations, and business models. In a recent Brookings Working Paper we reviewed the literature and experience with scaling up social enterprise innovations and summarized lessons for how scaling up can be best managed. Here we briefly explore the main implications for external donors.
Places with cold climates need access to a reliable and efficient heat supply for the health of their population. But in developing countries, the majority of rural and peri-urban households do not have access to centralized heating or gas networks. Instead, they use traditional heating stoves that use solid fuels like coal, wood, and dung for heating. These stoves are often inefficient (with thermal efficiency as low as 25%-40% compared to 70% or above for efficient stoves) and emit large amounts of pollutants (e.g., CO and PM2.5), causing indoor and outdoor air pollution with negative health and environmental impacts.
- At VoxEU, Martin Ravallion discusses how many of the arguments against universal basic income are really about strawmen that overstate the effectiveness of targeted transfers.
- Bruce Wydick on fake news, narrative, science and truth.
- The new issue of the Journal of Economic Perspectives has a symposium on recent ideas in econometrics, including (among others) Athey and Imbens on Causality and Policy Evaluations; Low and Meghir on Structural Models; and Mullainathan and Spiess on machine learning.
The first day of the Digital Youth Summit in Peshawar saw corridors and rooms crowded with entrepreneurs and digital gurus from across the world looking to map out Pakistan’s digital future.
These young and enthusiastic innovators are helping to redefine the province of Khyber Pakhtunkhwa (KP) as an emerging technology hub, and providing substantive skills and resources for Pakistan’s youth to take advantage of digital opportunities. At the summit – sponsored by the World Bank with the Khyber Pakhtunkhwa IT Board and many other partners -- these students, entrepreneurs, enthusiastic young women and men are accessing trainings, announcements, and various forms of support to unlock new possibilities to realizing their potential.
The market for digital entrepreneurship is a multi-billion-dollar industry, growing at a rapid rate and is thirsty for young talent. These opportunities represent a shift in how we think of development—bringing the creativity and passion of tech-savvy young innovators to the forefront of social and economic change. The youth of Pakistani are well placed to be in the driver’s seat of this vibrant future.
A huge wave of celebration engulfed Georgia recently because, on March 28th, 2017, Georgians gained visa-free travel to most EU countries. This is a significant achievement for the country, 26 years after independence was restored.
Visa-free travel is one of the most tangible benefits for every citizen of Georgia, obtained from the Association Agreement signed with the European Union in June 2014. This agreement will contribute to Georgia’s gradual economic integration into the EU Internal Market, notably through establishing a Deep and Comprehensive Free Trade Area.