Lower oil prices are a boon for oil importers around the world. But how well are oil-producing countries adapting to the apparent end of a decades-long “commodity supercycle” and lower revenues? And what does this mean for the global economy?
World Bank economists provided insights on the situation in six developing regions at a webcast event April 15 ahead of the World Bank Group-IMF Spring Meetings. The discussion focused on the challenge of creating sustainable global growth in an environment of slowing growth.
World Bank Chief Economist Kaushik Basu said the global economy is growing at 2.9% and is “in a state of calm, but a slightly threatening kind of calm. … Just beneath the surface, there’s a lot happening, and that leads to some disquiet, concern – and the possibilities of a major turnaround and improvement.”
We started with a standard warm-up question as Gangi Devi, our first respondent, sat in anticipation. “Tell me a little bit about your society. What is distinctive about the Himachali way of life?” A smile lined up a face creased otherwise with wrinkles. “We are a peaceful society,” she said after thinking a little. “People here are good to one another, we stand by each other.” A person sitting next to her added for good measure, “We Himachalis are very innocent people.”
For those working in the development space in India, the state of Himachal Pradesh, a small state ensconced in the Himalayas with a population of 7 million, is an outlier for many reasons, not least of which is Gangi Devi’s near puritan response.
Gangi Devi lives near a tourist centre close to Shimla, the state capital, which has seen increasing tourist footfall in recent years. Even as her community is debating the costs and benefits of increased activity around their village, Gangi Devi and her neighbours trust that the state government would keep people’s interests in mind and address adverse impacts, if any, of increased tourism on the environment.
Their belief in the government is supported by real actions. Himachal Pradesh is the first state in India to ban the use of plastic bags. Smoking in public spaces in the city of Shimla is punishable by law.
Governance in Himachal Pradesh looks doubly impressive when considered against an enviable development record.
Breakthroughs in energy technology are happening all over the world, improving access to power for people and making a real difference in their quality of life. While technological innovation tends to come predominantly from developed economies, we see incredible entrepreneurialism in developing countries when it comes to adopting and adapting new technology for local markets and needs. The challenge for poorer countries is getting timely access to the best and cleanest technologies.
When I was approached by Ideas Lab to share my energy innovation predictions, I decided to crowdsource ideas from my team in the World Bank’s Energy Global Practice. These are people in regular — almost daily — contact with the government and private sector in the world’s key emerging markets and low-income countries.
Their workdays are occupied by the challenge of improving energy services for millions of people in developing countries while also reaching the 1.2 billion people in the world still waiting for any electricity connection. And the challenge is to do this in ways that are sustainable for economies, people and the environment.
1. In terms of technology breakthroughs, at the top of everyone’s list: energy storage.
Want to learn more about urban migration and social inclusion? Watch live discussion on March 11 at 12:30pm EST.
Doug’s vivid account took me back to my hometown, Jaipur, Rajasthan, India: a city better known as a romantic tourist destination than as an “arrival city”. But there it is. A city that by most accounts, is very livable (perhaps that’s why angst against the city is low and it isn’t written about quite as much), and is host to thousands of migrants of all ilk.
Of the many that have over years begun to call Jaipur home, are families from Cooch Behar district in West Bengal. The bottom line is that women from Cooch Behar are overwhelmingly domestic workers in Jaipur homes. Why? For two reasons. First, Jaipur suddenly grew from being a mid-sized city in the 1990s to a thriving metropolis, up there among top ten Indian cities, by 2011, with a huge demand for domestic labor.
Second, taboos and norms (which would have to be a whole other discussion) make local Rajasthani women reluctant to work in the homes of others. Strangely, it’s fine to work in others’ fields or on construction sites, but not in others’ homes. So, it is difficult for the rich and the growing middle class to find local women to work in their homes. I forgot to say that domestic workers are overwhelmingly women, in case anyone was wondering.
Why Cooch Behar: a district way out at the other end of the country? That’s a story of social networks that establish migration patterns. Jaipur was a princely state and the Maharaja married the princess of Cooch Behar – the famed Gayatri Devi, in whose entourage came the first set of ladies-in-waiting. Over time, this migration route solidified and fulfilled Jaipur’s demand for female domestic workers. Some micro studies show that almost half of all female domestic workers in Jaipur come from Cooch Behar.
Without concerted action, the world will one day see a megadisaster—a disaster resulting in over 1 million casualties.
The forces of population growth and rapid urbanization are dramatically increasing exposure to disaster risk. Over 600 million people, for example, live in the Ganges Basin of India, Nepal and Bangladesh. Due to the meeting of the tectonic plates with the Indian subcontinent shifting under the Eurasian continent, this area is at a large risk of seismic activity. And indeed, the Ganges Basin has seen earthquakes over magnitude 7.0 in the past 500 years, as illustrated by the graphic above.
As practitioners, we can help reduce disaster risk and build resilience to potential catastrophes through smart development practices. These practices, however, require targeted research that can inform which levers to move, and how to move them. Sadly, this kind of research is difficult to come by in the disaster risk management community, and harder still to communicate to those that need it most.
Take a look back at some of the most popular stories you may have missed in 2014:
1. Raising More Fish to Meet Rising Demand
- natural capital
- food security
- Climate Change
- Agriculture and Rural Development
- The World Region
- South Asia
- Latin America & Caribbean
- East Asia and Pacific
Hardly a week goes by without my hearing the statement, “It’s not the What; it’s the How.” On the reform of energy subsidies in the Middle East and North Africa, for instance, the discussion is focused not on whether subsidies should be reformed (everyone agrees they should be), but on how the reform should be carried out. Similar points are made about business regulations,education, agriculture, or health. I confess to having written similar things myself. And there is no shortage of such proposals on this blog.
Reforms are needed because there is a policy or institutional arrangement in place that has become counterproductive. But before suggesting how to reform it, we should ask why that policy exists at all, why it has persisted for so long, and why it hasn’t been reformed until now. For these policies didn’t come about by accident. Nor have they remained because somebody forgot to change them. And they are unlikely to be reformed just because a policymaker happens to read a book, article or blog post entitled “How to reform…”
It was getting dark and the mist engulfing the jungle made the challenge of spotting the stripes even harder. My guide, a trained local tribal youth, was excited and kept telling stories about the sights and sounds of the jungle. In all fairness, I had enjoyed the trek. Every turn or straight path presented a beautiful landscape, majestic trees, bamboo thickets, gurgling streams, colorful birds, distant animal calls and the gentle fresh breeze. Sighting a tiger would only complete the experience. Will we? Won’t we, see one?
In many ways, the experience of sighting a tiger reflects the challenge its very survival is facing! Will it? Won’t it, survive? But more importantly, will someone notice if it is not around? Fortunately, I was in Periyar Tiger Reserve in the southern Indian State of Kerala, a turnaround success story where the World Bank’s India Ecodevelopment Project significantly increased income opportunities for the locals, improved reserve management and encouraged community participation in co-managing the reserve. Though this happened a decade ago, even today the incomes are sustained and communities are closely engaged! But such success stories are few and far between.
As we mark International Women’s Day, women and girls are better off than just a few decades ago. Boys and girls are going to school in equal numbers in many countries. Women are living longer, healthier lives.
But even with the steady progress we’ve seen over the past few decades, one of our biggest challenges today is to avoid falling prey to a sense of self-satisfaction. We don’t deserve to, not yet.
We need a renewed sense of urgency and a clearer understanding of the remaining obstacles. When it comes to improving the lives of women and girls, we have blind spots. In fact, we know of three shocking inequalities that persist in education, the working world, and women’s very security and safety.
Blind Spot No. 1: Education of Girls.
We have made impressive gains in achieving universal access to education, but what we’re failing to see is that girls who are poor—those who are the most vulnerable—are getting left behind.
While wealthier girls in countries like India and Pakistan may be enrolled in school right alongside boys their age, among the poorest 20 percent of children, girls have on average five years less education than do boys. In Niger, where only one in two girls attends primary school, just one in 10 goes to middle school, and stunningly only one in 50 goes to high school. That’s an outrage.