Author Archives: WorldBankBlogs

2016 in Review: Your favorite social media content

Another year has passed, and as we do each year-end, here’s a rundown of what content resonated most with you on World Bank social media in 2016. Four World Bank Facebook posts you cared about most Some of our most popular and engaging content on Facebook in 2016 was, not surprisingly, multimedia. Check out these posts that made the biggest impact with you in the last year. On October 17 – now recognized as End Poverty Day – Bangladeshi singer Habib Wahid unveiled a new song singing the praises of his country’s rapid progress in reducing poverty and building a prosperous society.

Posted in Aging, Aid & Development, Poverty, Social | Comments closed

Year in Review: 2016 in 12 Charts (and a video)

Between the social, political, and economic upheavals affecting our lives, and the violence and forced displacement making headlines, you’d be forgiven for feeling gloomy about 2016. A look at the data reveals some of the challenges we face but also the progress we’ve made toward a more peaceful, prosperous, and sustainable future. Here are 12 charts that help tell the stories of the year. 1.The number of refugees in the world increased. At the start of 2016, 65 million people had been forcibly displaced from their homes, up from 60 million the year before

Posted in Aid & Development, Financing, Social, Violence & Conflict | Comments closed

The future of transport

ASHGABAT, TURKMENISTAN – There are 1.25 million lives lost in road accidents annually—90% of these in low -income countries. Air pollution leads to around 6.5 million deaths each year. And almost 25% of energy-related greenhouse gas emissions come from transport systems. To ensure a sustainable future for this planet, the transport sector must undergo a massive transformation.

Posted in Aid & Development, Climate Change, Publications, SDGs | Comments closed

Reducing demand must be a core component of cutting wildlife crime

Every place where I travel in Africa and Asia I hear stories about the dramatic loss of wildlife and the destruction of ecosystems and habitats. Most recently, while attending the third high-level Conference on Illegal Wildlife Trade in Hanoi that was attended by heads of states and delegates from 54 countries and international organizations, the World Bank’s Vietnam Country Director Ousmane Dione shared his own personal story on the disappearance of wildlife.   In Ousmane’s home country of Senegal, the lion is a national symbol, displayed on the coat of arms, the President’s exclusive seal, and is even the namesake of the national soccer team: The Lions. However, in the past 20 years, 80% of the lions in West Africa have been lost and in Senegal a mere 16 lions remain relegated to the Niokolo Koba National Park where their prey is diminishing as a result of the bush meat trade and competing resources with grazing livestock. Ousmane fears his children will never see a lion in their native country

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Invigorating Africa’s climate resilient ocean economies

We are all too aware that difficult times lie ahead for coastal communities.   Coastal erosion, especially in West Africa, has already displaced communities, with economic losses costing about 2.3% of GDP in Togo alone. In the past 60 years, sea temperatures in the Western Indian Ocean increased 0.6 C, triggering mass coral bleaching and deadly climate-related disasters across the region. The economic cost of the 1998 coral bleaching event to Zanzibar and Mombasa was in the tens of millions of dollars. The natural cost is still unknown

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Learning from each other – Togo and Cote d’Ivoire lead way in Gender Equality in Africa

I was surprised at how easy it was for me to get married. There were a few bureaucratic hurdles to get a marriage license, and then we had a sentimental ceremony with an officiant and witnesses followed by a party for friends and family. That was it. We were legally married.  No one told me that getting married would affect my future property rights.

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On International Migrants Day, unlocking prosperity through mobility

We are at the cusp of entering an era of increased mobility.  Photo © Dominic Chavez/World Bank Stories and anecdotes of how migrants contribute to our economies are everywhere. A recently released McKinsey Global Institute report put some numbers to it. Migrants account for only 3.4% of the global population but produce 9.4% of the world output, or some $6.7 trillion. That’s almost as large as the size of the GDP of France, Germany and Switzerland combined

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How better data on infrastructure projects can support private investment in emerging markets

We live in an inter-connected, data-driven world. Investors, like many other professionals, rely more and more on data to make informed decisions on where, when, and how they should invest their money. But, as I discussed in a recent blog, a number of commercial dashboards are aiming to close this gap, with information on infrastructure projects that need financing in emerging markets. These and other specialized commercial databases are trying to map the market, giving investors tools to identify investment-ready opportunities with the best chance of a sizeable return.

Posted in Aid & Development, Financing, Mapping | Comments closed

Sexual harassment robbing many girls of school education

Sexual harassment is robbing far too many girls of the chance to get a school education, which can be a lifeline to ending economic and social poverty. This was a key issue highlighted at a recent high-level Regional Workshop in Burkina Faso. The event focused on findings of the World Bank Group’s Women, Business and the Law report, specifically those relating to laws affecting women’s entrepreneurship and employment in West and Central Africa. It brought together Ministers of Gender and policy makers, civil society organizations, and the private sector. One of the issues raised was how sexual harassment in schools and universities affects girls’ economic opportunities.

Posted in Aid, Aid & Development, Gender, Poverty, Social, Violence & Conflict | Comments closed

Taking on 21st Century Development Challenges Together

Story of IDA: It’s Possible to End Poverty I recently watched a remarkable work of art take shape. A mural depicting the story of the IDA, the World Bank’s fund for the poorest, brings to life the many transformative changes the world has seen since IDA’s founding in 1960. The “green revolution” staved off widespread famine in South Asia in the 1970s. The Montreal Protocol protected the world’s ozone layer.

Posted in Aid, Aid & Development, Poverty | Comments closed

It’s time to make public financial disclosure efficient and effective

Source –  It’s time to make public financial disclosure efficient and effective

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Underage with an ID to prove it

Rubi’s Story: Exulted, Rubi ran home. As fast as her fifteen-year-old legs could carry her, she ran, exam in hand, excited to share the results with her family. The results, she believed, would shape her fate.     Yet when she got home, the elation dissipated with the dust. Her father had his own news to deliver

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World Bank Group Youth Summit 2016 competition winners announced

Youth Summit competition winners: Shoaib Mehryar and Asif Rasooly of ROYA Mentorship Program and Aline Sara and Alex Weber of NaTakallam 

Posted in Aid & Development, Competition | Comments closed

Can cash transfers and training reduce intimate partner violence? Learning from Bangladesh

Intimate partner violence (IPV) is the most pervasive form of violence globally—with 1 in 3 women physically or sexually abused by a partner in her lifetime. Despite knowing a lot about prevalence and detrimental impacts of IPV, we are still at the infancy of knowing what works to prevent violence. Recently, development economists have begun exploring the potential of anti-poverty programming, including cash transfers. Cash transfers are a widely used policy tool for decreasing poverty and improving human capital, reaching up to 1 billion people across Latin America, Africa, and Asia. Cash is often given directly to women, thus potentially changing power dynamics within the household

Posted in Aid & Development, Funding, Gender, Poverty, Research, Social, Violence & Conflict | Comments closed