. As we said in this month’s Global Economic Prospects report, for the first time since the financial crisis, the World Bank is forecasting that the global economy will be operating at or near full capacity. We anticipate growth in advanced economies to moderate slightly, but growth in emerging markets and developing countries should strengthen to 4.5% this year.
Editor's Note: Below is a viewpoint from Chapter 6 of the Foresight Africa 2018 report, which explores six overarching themes that provide opportunities for Africa to overcome its obstacles and spur inclusive growth. Read the full chapter on the changing nature of Africa's external relationships here.
. The compact brings together interested African countries with the World Bank Group, the International Monetary Fund, the African Development Bank, and other multilateral and bilateral partners to develop and support policies and actions that are essential for attracting private investment. To date, 10 countries have signed up for the initiative and outlined their aspirations and reform programs under a framework adopted by the G-20 finance ministers in March 2017.
2018 is here, and we hope your new year is off to a positive start! Thank you for being a part of the global movement to help end poverty. For every like, share, “heart”, retweet, you name it, thanks for engaging with our content!
Every year brings new highlights, challenges, and priorities, and 2017 was no different.:
Twitter:for themselves or their loved ones. So unsurprisingly, you showed strong support for #HealthforAll during the Universal Health Coverage Forum in December.
What's one big reason families around the world fall into #poverty? #Health expenses. To reach the #globalgoals, we must achieve #HealthforAll. Join us at #UHCForum https://t.co/fl9GYMMBeH pic.twitter.com/LEAkSpeffQ— World Bank (@WorldBank) December 10, 2017
We were also very impressed to see how strongly you feel about preserving our planet. During last month’s One Planet Summit, several of you replied to the news of the World Bank’s announcement on phasing out financing of oil and gas exploration, with positivity. For example @RalienBekkers said: “Great, everyone should follow”:
Many of you agreed that women shouldn’t be restricted from doing some jobs, just because they are women:
At the recent Africa Agriculture Extension week in Durban, there was a common refrain: "Demand for food in Africa is growing and expected to double by 2050." This is why we see continued growth and employment opportunities in the agricultural value chain and why agriculture extension—or training-- is more important than ever.
So what exactly is agriculture extension? Extension workers are trainers, advisors, project managers, community developers and policy advocators. They also conduct administrative support for local governments and help farmers make decisions and share knowledge. Agriculture extension, which services smallholder farmers throughout the value chain, is crucial in achieving food, nutrition and income security.
The members of the community in the Bulugolla village in Sri Lanka breathed a sigh of relief. It was the month of October and the rice harvest had gone well. The rains had been plentiful and their meddlesome neighbors (seen in picture above) were abiding by their boundaries. This has not always been the case.
As the head of the village explained, “We depend upon a rice harvest to earn our livelihood. While we culturally and traditionally have lived in harmony with elephants, we cannot survive without our paddy farms and so we have to keep the elephants out”.
Human wildlife conflict is currently one of the greatest conservation challenges. As human populations grow, wildlife habitat shrink and humans and wildlife come in contact with each other as they compete for resources. In addition, wildlife such as elephants cannot be limited to the boundaries of protected areas as many protected areas can only support a certain number of elephants. In Sri Lanka, most elephant live outside protected areas amidst paddy fields, community villages, highway railways and other development infrastructure that is intended to support the growing human population. Conflict is inevitable but failure to reduce it will result in extinction of wildlife species.
Growing up in Pakistan, I often wondered why boys were expected to become doctors or engineers while girls, including me, were encouraged to pursue teaching or home economics. So, when my cousin Sana became the first woman in my family to start a career in engineering, she also became my idol. But a few months later, my excitement soured when Sana quit her job halfway through her first pregnancy. Sana’s story, however, is not unique. Traditional gender roles and lack of access to formal childcare often play a critical role in many women’s decisions to forgo STEM careers.
What if we had the chance to reinvent the world’s food system and make local, more sustainable, nourishing and diverse food the new norm rather than the exception?
It might seem far-fetched, but with 9 billion people expected on our planet by 2050, and one out of three children in South Asia and Sub-Saharan Africa stunted from poor nutrition, it's a necessity.
The viral image of the three-year-old Syrian boy, Aylan Kurdi, whose dead body was quietly lying on the beach captivated us. Kurdi’s loss of the chance to flee to a safer life invigorated us to act. We decided to help refugee children adapt to their new lives when arriving in a new country.
And so, our team from the World Bank Youth Innovation Fund (YIF) partnered with Small Projects Istanbul (SPI), a Turkish non-profit organization, to help 20 Syrian children find some happiness and joy in Turkey after fleeing their war-torn country.
YIF provides an opportunity for young employees of the World Bank Group to design, implement and evaluate development projects in client countries focusing on innovation, efficiency and impact on development.
After submitting a proposal to the YIF Proposal Competition, and winning, our journey began. Our project, Turkish Language, Mentorship and Psychological Counseling Program, aimed to support these children to effectively integrate with the local society, develop self-confidence, and have access to education while living in Turkey.
Stories of sexting, sex tapes, online dating gone wrong and cyberbullying are all over social media and the news. However, these stories only begin to scratch the surface of online – or technology-facilitated – gender-based violence (GBV). With a wide range of online predatory behaviors essentially falling under one label, how do we define it? How can we begin to tackle the problem if we can’t grasp the full breadth of the problem?
The World Bank Group and the Sexual Violence Research Initiative (SVRI) has engaged the International Center for Research on Women (ICRW) to develop a way to measure technology-facilitated GBV on a global scale. To do this, our team is in the beginning stages of developing a conceptual framework. The reasoning behind this initiative is that, in order to tackle a problem like online violence, we must first get to the root of the problem by understanding the many ways online violence manifests itself. As researchers, defining the problem provides us with the insights we need to determine how to approach and measure the problem. And if we can measure it, we can start testing solutions.
We live in a world where
Every November 25, the International Day for the Elimination of Violence against Women, we are reminded that gender-based violence continues to be a global epidemic with dire consequences for women, their families and entire communities. It leads to negative mental and physical health consequences for women and limits their decision-making ability and mobility, thereby reducing productivity and earnings. Beyond the individual harm, it also has substantial economic costs. Global estimates suggest the cost of gender-based violence to be as high as 3.7 percent of GDP – or $1.5 trillion a year.