The agricultural sector is one of the strategic drivers of Morocco’s economy, generating 40 percent of the country’s jobs and currently employing four million people. Approximately 85 percent of the rural population, 57 percent of whom are women, works in agriculture. Women nevertheless still have very little access to decent incomes, land, and markets.
Businesses, for many the real drivers of job creation, can also be the foundation of wealth and greater economic inclusion of the general population. Jobs or Privileges, a World Bank Group report published in 2014, shows that high-growth startups—or young firms—accounted for all net job creation in Morocco’s manufacturing sector at the time. But, by comparison with older small or medium–size enterprises, young start-ups faced far greater barriers in Morocco to accessing finance.
In common with many other countries in the Middle East and North Africa region, Morocco and Tunisia have a huge untapped source of human talent.
Over the past decade and a half, Sub-Saharan Africa has experienced rapid economic growth at an average annual rate of 5.5%. But since 2008, the share of manufacturing in GDP across the continent has stagnated at around 10%. This calls into question as to whether African economies have undergone structural transformation – the reallocation of economic activity across broad sectors -- which is considered vital for sustained economic growth in the long-run.
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. Check out the video, and remember why you poured out your approval with more than 161,000 views, 65,000 reactions, and 4,600 shares!
Yet, before COP21, the transport sector was conspicuously absent from climate talks. The strong, structured presence we saw last year in Paris and this year in Marrakech is finally commensurate with the urgency needed to address the transport-related issues on the climate agenda.
like the Sustainable Development Goals (SDGs) and the Paris Agreement. As an example, over 70% of the Nationally Determined Contributions (NDCs) that countries have proposed to implement the Paris Agreement include transport commitments, ranging from increasing public transport in cities to shifting freight from roads to railways and waterways.
Last year in Paris, world leaders came together for the first time to commit to keeping global warming below 2°C. With the Paris Agreement in force and negotiators at COP22 in Marrakesh teasing out the details of implementing the Agreement, countries are developing their action plans (or Nationally Determined Contributions, NDCs) to reduce global greenhouse gas emissions. Part of this is looking at how carbon assets could be traded across borders.
The International Association for the Evaluation of Educational Achievement (IEA) released the results of its latest Trends in International Mathematics and Science Study (TIMSS) yesterday, November 29. TIMSS 2015 assessed more than 600,000 students in grades four, eight, and the final year of secondary school across 60 education systems.
We were standing at ground zero in the fight against climate change, looking at a still body of water and talking. Our group was gathered along the edges of a “farm pond,” a technique used by farmers to enhance agricultural resilience to climate change, which often impacts countries through crippling droughts. A farmer demonstrated the measures he had taken to protect his livelihood from the extreme weather events that were increasingly common in his region.