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Social inclusion essential for eradicating poverty

Lauri Sivonen's picture

The social inclusion of disadvantaged groups is necessary for reducing poverty and boosting shared prosperity, said government representatives, experts, and civil society representatives at a World Bank seminar on Friday, April 21. Persons with disabilities, Indigenous Peoples, as well as lesbian, gay, bisexual, transgender, and intersex (LGBTI) persons form a large part of the world population affected by poverty. They often face multiple discrimination and exclusion because of their overlapping identities, stressed Maitreyi Das, Social Inclusion Global Lead at the World Bank Group. 

Patricia Peña, Director General for Economic Development of Global Affairs, Canada, highlighted the commitment of Canada—through its foreign assistance, diplomacy, and domestic efforts—to support policies and programs addressing economic and social inclusion of LGBTI people. Disaggregated data collection is one of the priorities for developing effective responses. Harry Patrinos, Practice Manager at the Bank’s Education Global Practice, made a cross-country assessment of poverty among Indigenous Peoples. Ulrich Zachau, the World Bank’s Country Director for Southeast Asia, discussed the Bank’s ground-breaking data generation efforts on LGBTI persons in Thailand. There is a need to find a shared way of measuring disability, said Nick Dyer, Director General of Policy and Global Programmes at the UK Department for International Development.

View tweets from the session below. Learn more about the World Bank's work on social inclusion, disability, indigenous peoples, as well as sexual orientation and gender identity (SOGI). 

Toward next-generation performance budgeting

Donald Moynihan's picture
 Photo © Dominic Chavez/World Bank


Performance budgeting (PB) has a deep and enduring appeal. What government would not want to allocate resources in a way that fosters efficiency, effectiveness, transparency, and accountability? However, such aspirations have proven poor predictors of how performance data are actually used.

The potential benefits of identifying and tracking the goals of public spending are undeniable, but have often justified a default adoption of overly complex systems of questionable use. Faith in PB is sustained by a willingness to forget past negative experiences and assume that this time it will be different. Without a significant re-evaluation, PB’s history of disappointment seems likely also to be its future.

Alternative procurement agencies to facilitate infrastructure investment

Michael Bennon's picture


Photo Credit: Myxi via Flickr Creative Commons License

In our last post, we highlighted a few examples of the innovative organizational structures that institutional investors have created to more efficiently invest in public infrastructure assets, but that is just one side of the equation. We also study programs and policies put in place by governments to more efficiently facilitate investment in the right projects and on the right terms for their constituents. That research encompasses several different topics, including enabling legislation, project risk allocation, stakeholder engagement and management, assessment frameworks for determining whether a Public-Private Partnership (P3) makes sense for a given project and others.

Where do the world’s talents immigrate to?

Bassam Sebti's picture


"We’re the nation that just had six of our scientists and researchers win Nobel Prizes—and every one of them was an immigrant," U.S. President Barack Obama recently said after the Nobel Prize winners were announced.
 
The Internet was abuzz about it, and how could it not be?
 
The announcement couldn’t come at a better time. Not only are US Nobel laureates immigrants, but also the country has been identified as one of four where the world’s high-skilled immigrants are increasingly living, according to a new World Bank research article. The other three countries are the United Kingdom, Canada and Australia.

The FinTech revolution: A perspective from Asia

José de Luna-Martínez's picture



Will cash and checks still exist 15 or 20 years from now given the increasing digitization of money? Is the smartphone our new bank? Will many people working in the financial sector industry lose their jobs due to growing use of technology, robots, algorithms, and online banking? Is financial technology (FinTech) the solution to providing financial services to the 2 billion people in the planet that still lack access to finance? Will digital currencies and other innovative FinTech products pose systemic risks in the future? What is the best approach to regulate FinTech companies?

Natural Capital Accounting: Going beyond the numbers

Stig Johansson's picture
Guatemala. World Bank

Here are some facts that you might not know: Do these numbers just seem like bits of trivia? In fact, these are all important results that came out of natural capital accounting (NCA) – a system for generating data on natural resources, such as forests, energy and water, which are not included in traditional statistics. NCA follows standards approved by the United Nations to ensure trust, consistency and comparison across time and countries.
 
The results above are among the numerous NCA findings that are being generated every year, with support from a World Bank-led global partnership called Wealth Accounting and the Valuation of Ecosystem Services (WAVES). In response to the growing appetite for information on NCA, WAVES has set up a new Knowledge Center bringing together resources on this topic.

Long-term finance for infrastructure essential to ending poverty

Bertrand Badré's picture
A worker at a power substation in Kabul, Afghanistan. © Graham Crouch/World Bank


​Fifteen years from now, will you remember where you were when the UN General Assembly adopted the Sustainable Development Goals (SDGs)?

Friday, September 25, 2015 may not be one of those days that the general public will remark on, but it is a milestone in development history. The SDGs set a new and ambitious agenda that we at the World Bank Group, together with our partners, will work to achieve along with our own goals of ending poverty and boosting shared prosperity by 2030.

Part of the #Youthbiz movement? Share your story!

Valerie Lorena's picture

Also available in: Français | العربية
 



A boat trip from Port Elizabeth to Kingstown, in the Caribbean country of Saint Vincent and the Grenadines, is a one-hour trip that locals take several times a day. It was during one of these journeys that the boat of Kamara Jerome, a young Vincentian fisherman, ran out of gas six miles from Bequia City in what is termed locally as the "Bequia Channel." While waiting for help with strong wind gusts and the sun on his head, the idea of developing a boat that would run with wind and solar energy was born. Soon after, the idea became a prototype; a boat using green technology was on the water making 20-year-old Jerome a winner of international innovation competitions and a role model to other Caribbean youth. 
 
In Mexico, young engineer Daniel Gomez runs a multimillion bio-diesel company originally conceived as a research project for his high school chemistry class. Gomez and his partners - Guillermo Colunga, Antonio Lopez, and Mauricio Pareja - founded SOLBEN (Solutions in bio-energy in Spanish) in their early twenties. 
 
Although Daniel and Kamara have different educational backgrounds, they do share one important skill, the ability to identify a problem, develop an innovative solution, and take it to the market. In other words, being an entrepreneur, an alternative to be economically active, that seems to work and not only for a few.

Consolidating Gains: Gender Diversity in Business Leadership

Rudaba Z. Nasir's picture

Can we envision a time when we will no longer be surprised to hear that a woman is leading an energy or technology company? Can closing the gender gap in leadership, especially in male-dominated industries, be a possibility in fewer than 100 years?

Today’s dynamic women in top leadership positions are opening up the possibility of answering these questions with a resounding “Yes!” They have shattered glass ceilings and paved the way forward for countless others trying to uproot deeply entrenched ideas about women’s and men’s differing roles and opportunities in business and society. As a result, more and more women are now recognizing and making progress towards transcending the glass walls that also silo them in certain managerial functions, such as human resources and communications.

However, a new report by the International Labour Organization (ILO) released last week reminds us that gender diversity gains are not always sustained. Featuring unique data collected from 1,300 private sector companies in 39 developing countries, the report states that concerted efforts are required to consolidate progress and change mindsets while fighting unconscious biases at all levels of society.

Climate smart management for farms, forests and everything in between

Diji Chandrasekharan Behr's picture
A high-level panel on adaptation-based mitigation at the Global Landscape Forum 2014 in Lima, Peru. (Photo by PROFOR)The energy at the Global Landscapes Forum held alongside the UNFCCC climate negotiations in Lima was electric—charged by the enthusiasm of the scientists, practitioners, indigenous peoples, investors, policy makers, youth and government negotiators who came together to share their latest innovations, tools and ideas for tackling climate change across land uses—from farms to forests and everything in between. Conversations were passionate as we discussed how to bring together our efforts to address climate change and achieve sustainable development at the landscape level—by working in a coordinated manner on agriculture, forests, water and more. 

A notable shift at the 2014 Forum from previous ones, in addition to the mounting numbers in attendance (the event “sold out” with registration closing weeks early), was the buzz about adaptation. It permeated across panels and speakers, making clear the conversation on land-based sectors and climate change has moved well beyond mitigation. The Program on Forests (PROFOR) contributed to advancing the conversation by convening a high-level panel on “Moving forward with adaptation-based mitigation.”    

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