World Bank Voices
Syndicate content

Health

What happens when someone is unable to access health or education? These artworks confront these very questions

Juliana J Biondo's picture
Also available in: العربية
Human Capital exhibition at the World Bank Group Visitor Center in Washington, DC. © Bassam Sebti/World Bank
Human Capital exhibition at the World Bank Group Visitor Center in Washington, DC. © Bassam Sebti/World Bank

What exactly is Human Capital? The phrase itself is only two words: “Capital” refers to an asset that improves one’s ability to be economically productive while “Human” refers to the individual as the very unit in which the asset comes. Taken together however, the phrase transforms to be about that which an individual human can harness within themselves to realize their full potential, and be the best contributor to society they can be. Human Capital is about the economic power which lays ready for realization inside every human; the ideas and talent imbued in every individual.

What can each individual harness to make the most for, and of themselves? This is the question that the contemporary visual art exhibition on view in the Gallery in the World Bank Group Visitor Center seeks to understand.

The World Bank believes that it is the health, knowledge, and skills which people accumulate through their lives that enable them to harness and realize their full potential as productive members of society. But, how can we ensure that every human being has access to those three things? What happens when someone is unable to access health, knowledge, skills - some, or all three? The artworks on view confront these very questions. 

3 ways to follow World Bank Group activities at the 2019 Spring Meetings

Bassam Sebti's picture
© Dominic Chavez/World Bank
© Dominic Chavez/World Bank

Our 2019 Spring Meetings is just around the corner and it’s time to get organized. Mainstage speakers include representatives from top-notch institutions and organizations such as the United Nations, National Geographic, World Trade Organization, Bloomberg, Massachusetts Institute of Technology, among others.
 
The Spring Meetings of the Boards of Governors of the World Bank Group and the International Monetary Fund (IMF) is an event that brings together central bankers, ministers of finance and development, private sector executives, representatives from civil society organizations and academics to discuss issues of global concern, including the world economic outlook, poverty eradication, economic development, and aid effectiveness.

This year's events will take place in Washington, D.C., April 8-14, 2019.

Gender equality: Unleashing the real wealth of nations

Annette Dixon's picture
Also available in: Español | العربية | Русский
© World Bank
© World Bank

Last week, we launched the Women, Business, and the Law report, which found that despite the considerable progress that many countries have made in improving women’s legal rights over the last decade, women are still only accorded 75 percent of the legal rights that men, on average, are given. As a result, they are less able to get jobs, start businesses and make economic decisions, with economic consequences that reverberate beyond their families and communities.

This is a particularly timely piece of research because as we mark International Women's Day, it’s another reminder of the work we have ahead of us: women without legal protections to go to school or work outside the home are stripped of their voice and agency—and unable to invest in human capital for themselves or their families. With the Human Capital Project in full swing and work underway with more than 50 countries on improving people-based investments, putting gender equality at the top of the agenda will be critical to crafting better policy.

Every day is Women’s Day for IDA

Akihiko Nishio's picture
Basira Basiratkha, principal of the Female Experimental High School in Herat, Afghanistan. Her school benefited from an IDA-supported program. © Graham Crouch/World Bank
Basira Basiratkha, principal of the Female Experimental High School in Herat, Afghanistan. Her school benefited from an IDA-supported program. © Graham Crouch/World Bank

At the World Bank, we believe no country, community, or economy can achieve its potential or meet the challenges of the 21st century without the full and equal participation of women and men, girls and boys. This is particularly true in developing countries supported by the International Development Association (IDA), the arm of the World Bank that supports the poorest countries.

IDA countries have made encouraging progress on closing the gaps between women and men in recent years, especially in health and education. For example, women in IDA countries on average can expect to live longer than men (66 years vs. 62 years). With education, girls have caught up with or overtaken boys in enrolling in and completing primary school, as well as in transitioning on to secondary education.

How crowdsourcing can improve food safety

Colin Finan's picture
Also available in: Español | 中文 | Русский
Left photo: Patrick Quade. Right photo: Flore de Preneuf/ World Bank

Unsafe foods cost developing economies over $110 billion in lost productivity and medical expenses each year, according to the World Bank's own figures. And yet in many cases surveillance is limited, and there are few effective ways for a consumer to report a case of food poisoning.

 New Technology Can Help

This is where we believe new technology solutions can make a significant contribution. In the large towns and cities of the pantropics the mobile phone now reigns supremeit is possible to input citizen data accurately in order to detect food poisoning and identify issues in real time. This is what motivated us to found Iwaspoisoned.com and B2B service Dinesafe.org. We think the journey we embarked on - and the hurdles we faced - could provide interesting lessons to entrepreneurs and policy-makers who are eager to harness the power of data to fix age-old problems. 

2018: A year of influence, impact and cooperation on global issues through social media

Zubedah Robinson's picture


​In 2018, the themes of climate change, disruptive technology, and human capital were not only priorities for the World Bank Group, but for governments, private companies, and international organizations of all kinds. The level of partnership online among these groups has been unprecedented as the world collectively tries to address global challenges.

The same kind of cooperation that is driving impact on the ground is also driving awareness and advocacy more broadly as the world rises to these challenges. Below are just a few examples of how collaboration online has strengthened and amplified the global effort to end poverty in 2018 across three key themes.

How is the Human Capital Index prompting action?

Jason Weaver's picture
Also available in: 中文 | Français | العربية | Español
Students at the Zanaki Primary School in Dar es Salaam, Tanzania. © Sarah Farhat/World Bank
Students at the Zanaki Primary School in Dar es Salaam, Tanzania. © Sarah Farhat/World Bank

Whew, it’s out!

On October 11, 2018, the World Bank Group released its inaugural Human Capital Index (HCI), a tool that quantifies the contribution of health and education to the productivity of a country’s next generation of workers. The question underpinning the HCI asks, “How much human capital can a child born today expect to acquire by age 18, given the risks to poor health and poor education that prevail in the country where she lives?” Globally, 56 percent of children born today will lose more than half their potential lifetime earnings because governments and other stakeholders are not currently making effective investments to ensure a healthy, educated, and resilient population ready for the workplace of the future.

To drive urgent action on human capital development, the Bank Group’s Human Capital Project (HCP) is working on two other fronts beyond the Human Capital Index. These are Measurement & Research and Country Engagement.

Tackling gender inequality through investments in health equity

Kristalina Georgieva's picture
Also available in: العربية | Français | Español
© Dominic Chavez/Global Financing Facility

Still today, in almost all societies around the world, women are less well-off than men. Women are still paid less than men; they are less represented in business, politics and decision-making. Their life chances remain overwhelmingly less promising than those of men. 
 
This inequality hurts us all. The world would be 20% better off if women were paid the same as men. Delaying early marriage in the developing world by just a few years would add more than $500 billion to annual global economic output by 2030. 
 
But this is more than a problem of lost income. For women and girls in poor countries, it cuts life short before it can flourish.  
 
Today, 830 women will die from complications related to pregnancy or childbirth. This month, 450,000 children under the age of five will die. This year, 151 million children will have their education and employment opportunities limited due to stunting. If current trends continue, 150 million more girls will be married by 2030.
 
Clearly, we need to accelerate progress so that no woman or child is left behind.

Everything you need to know to follow the 2018 Annual Meetings

Bassam Sebti's picture
Also available in: Français | Español | العربية | 中文


The IMF/World Bank Group Annual Meetings is an event you won't want to miss. Join us for a week of seminars, regional briefings, press conferences, and many other events focused on the global economy, international development, and the world's financial system. This year's events will take place in Nusa Dua, Bali, Indonesia, October 8-14, 2018.
 
Find out why the World Bank, countries, and partners are coming together to try to close the massive human capital gap in the world today. Catch the launch of the new Human Capital Index on October 11, 2018, and spread the message that it’s critical to #InvestinPeople.
 
The World Bank Group, the International Monetary Fund, and the Government of Indonesia are also co-sponsoring a first-ever technology fair to bring innovation to the heart of the Annual Meetings.
 
This three-day “showcase” will feature 28+ innovators – companies from around the world – who will demonstrate the powerful role that technology can play in spurring development, strengthening financial development and inclusion, and improving health and education outcomes. The 2018 Innovation Showcase will run from October 11-13 in the Bali International Convention Center.
 
So, start planning your #WBGMeetings experience. Connect, engage and watch to take full advantage of everything the Meetings has to offer. We've got you covered on Facebook, Twitter and Instagram!

Pages