Inequality can be both good and bad for growth, depending on what inequality and whose growth. Unequal societies may be holding back one segment of the population while helping another. Similarly, high levels of inequality may be due to a variety of factors; some good, some bad for growth.
The World Region
In 2015, 663 million people were drinking from unimproved sources such as unprotected dug wells. The bulk of those without were in Sub-Saharan Africa and South Asia, where rural dwellers, especially the poorest, lagged behind others in access to both water and sanitation.
One year ago, the multilateral development banks (MDBs) came together for the very first time to kick off a new approach to addressing infrastructure development. The Global Infrastructure Forum, an outcome of the Addis Ababa Action Agenda on Financing for Development, offered a platform allowing governments, MDBs, United Nations agencies, and other developmental partners to mobilize resources for infrastructure development.
This year, the Global Infrastructure Forum 2017 will be held on April 22nd in Washington D.C. Besides improving coordination, the Forum aims to stimulate infrastructure investment by both the public and private sectors and support implementation of infrastructure projects in developing countries.
Why is this important? Because the Forum brings all major players in infrastructure development to the same table around four key themes:
Violence against women exists across the globe but laws against gender-based violence do not. In many countries societal norms permit physical and verbal abuse, and in countries studied, when there are fewer legal provisions, women are more likely to tolerate this abuse.
Education is one of the strongest tools that we have to reduce poverty, improve health outcomes, increase gender equality, and promote peace and stability. For every year that people are educated, their earnings increase by 10%. However, there are still 121 million children who are not attending primary and secondary school around the world, and approximately 250 million children can’t read or write.
What can countries do to change this situation, and what can successful countries teach others about how to get things right in the classroom?
In a live-streamed event from 1 pm to 2 pm EST on Friday, April 21, the World Bank will host a discussion of a critical development issue: Taxes. The event, Boosting Revenues, Driving Development: Why Taxes are Critical for Growth, will include an illustrious list of panelists, representing many different perspectives:
Our ability to collect and process complex information has the potential to transform how we manage our environmental footprint. But creating information and actually using it to drive change that benefits both people and the planet are two very different things.
The World Bank is pleased to release the 2017 Atlas of Sustainable Development Goals. With over 150 maps and data visualizations, the new publication charts the progress societies are making towards the 17 SDGs.
The Atlas is part of the World Development Indicators (WDI) family of products that offer high-quality, cross-country comparable statistics about development and people’s lives around the globe. You can:
- View the SDG Atlas online or download the PDF publication (150Mb)
- Access the WDI statistical tables and interactive SDG Dashboard
- Download and query the WDI database.
The 17 Sustainable Development Goals and their associated 169 targets are ambitious. They will be challenging to implement, and challenging to measure. The Atlas offers the perspective of experts in the World Bank on each of the SDGs.
For example, the interactive treemap below illustrates how the number and distribution of people living in extreme poverty has changed between 1990 and 2013. The reduction in the number of poor in East Asia and Pacific is dramatic, and despite the decline in the Sub-Saharan Africa’s extreme poverty rate to 41 percent in 2013, the region’s population growth means that 389 million people lived on less than $1.90/day in 2013 - 113 million more than in 1990
Note: the light shaded areas in the treemap above represent the largest number of people living in extreme poverty in that country, in a single year, over the period 1990-2013.
- Sustainable Communities
- Urban Development
- Social Development
- Public Sector and Governance
- Private Sector Development
- Migration and Remittances
- Law and Regulation
- Labor and Social Protection
- Information and Communication Technologies
- Global Economy
- Financial Sector
- Climate Change
- Agriculture and Rural Development
- The World Region
The world's population is young: 42 percent of people are under the age of 25. In South Asia and Sub-Saharan Africa, the number of people aged 12-24 has steadily risen to 525 million in 2015 - almost half the global youth population. The newly released Atlas of Sustainable Development Goals 2017 analyses this and other data related to the 17 SDGs.
The International Comparison Program (ICP) is pleased to announce its new website.
The ICP estimates purchasing power parities, or PPPs, for use as currency converters to compare the size and price levels of economies around the world. The new website is a rich repository of over 1,100 files and includes: an overview of the program and its history, governance structure, results and their uses, methodology and research agenda. The site also includes ICP reports, guides, videos, newsletters, and links to news articles, blogs and academic and research papers using ICP data and results.