Author Archives: WorldBankBlogs
Have you ever tried to solve a problem without much context? How did it go? Here’s a simple example: Imagine you’re working on a complicated jigsaw puzzle without using the picture on the box top as a guide. How successful do you think you’ll be? After some trial and error, you’d probably give in to frustration, bring out the box top, and make easier work of the puzzle
When was the last time you unfolded a map on your last road trip? Or went to the post office to mail a letter? With a few swipes of your thumbs, you can pay bills, buy and sell stuff, hold conference calls, and talk to your friends and family. Whatever you need, and everything you may not know you need, there’s an app for that. If you’re plugged in, the world is, literally, at your fingertips
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Last year, we spoke at Davos about Big Data. We were excited to explore the challenges and opportunities; especially in regards to the 2030 roadmap for the Global Goals (Sustainable Development Goals). So, a year on, has big data caught on?
To get the pulse of an institution’s financial management and its room for growth, we must first look at its financial statements. The information in these statements is, of course, essential but often provides only a partial picture focusing on short-term returns. To understand the true value created by an organization, we need to look more broadly. This necessitates going beyond traditional financial reports and spending time understanding how the institution manages its non-financial resources.
I have vivid memories of my first trip to Ghana. It was in July 2006 and I was in the country to do a research on Ghanaian farmers. It was in Accra, where I watched my team, Italy, win the FIFA World Cup final against France. Other than being a lucky charm to me, I thought Accra was a nice and safe town but,I felt that it had the potential to grow. When I came back seven years later, I was pleasantly surprised by the changes.
We have just launched the Open Learning Campus (OLC) with an event that blew my own expectations out of the water. As I reflect on the journey that brought us here I am impressed and inspired by the collaboration and partnerships we created along the way. The keenness of Bank staff and partners to share their knowledge and to learn. The conviction that we have to get what we know out there- among our clients.
Vietnam is my first love working for the World Bank. It is the first country I worked in when I joined the Bank back in 1994. At the time, the country was still opening up to the outside world, and the Bank had just set up a small office there. I recently returned to Vietnam after 15 years, this time as the Bank’s Global Lead for Land. I saw a completely different country: while the old city charm is still there, Hanoi has transformed to the point that it is really difficult to recognize… as if I had landed in Japan, China, or any other Southeast Asian country
At a technical meeting of the g7+ group of fragile states, participants from Haiti to Timor Leste gathered with a mission: to sift through the many proposed indicators for the 17 Sustainable Development Goals (SDGs), and select 20 indicators for joint g7+ monitoring. Hosted recently in Nairobi by the World Bank’s Fragility, Conflict and Violence Group, it was the first time that 17 out of 20 g7+ members were present, including senior officials from the National Statistics Offices and others. West African countries were particularly well represented. Their discussions were passionate: “We were mere spectators to the Millennium Development Goals. Now we want to actively push our specific challenges to the center of SDGs implementation,” said one. “Our motto is that no one is left behind,” said another
Halfway through the year, Paula Caballero, Environment and Natural Resources Global Practice Senior Director at the World Bank, wrote that 2015 would be the year the world was going to connect the dots for sustainable development. And girl, was she right!
As countries look to domestic resources to help meet the ambitious development agenda laid out in 2015, there is value in looking at international experiences where mineral wealth has become a dedicated revenue stream for financing development efforts, particularly for investing in human capital (via public health or education).