Netherlands for the World Bank

Your guide to the World Bank Group

Netherlands for the World Bank

Harnessing the power of data so no child is left behind

Data plays a crucial role in the 2030 agenda set out by the Sustainable Development grid_titleGoals (SDGs). It helps us to focus policies and make better decisions. It is needed to set targets, measure progress towards those targets and to hold governments accountable to their commitments under the SDGs.

Data is also essential for governments to fulfill their pledge to leave no one behind in the SDGs; that the goals should be met for all segments of society and that those furthest behind should be reached first. Despite significant progress over the last few years, we are still far away from being able to systematically identify those at risk of being left behind or to monitor their progress towards the 2030 commitments.

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Financial innovation and additionality: The power of economic analysis and data analytics

As public and private financial institutions innovate and expand the range of financFinancial Educationial products that households and firms use, questions about how these services are affecting consumers, providers, and the economy as a whole have become central. A new policy brief by Abraham, Schmukler, and Tessada explores how evaluating the “additionality” of financial services can help answer such questions.

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Remarks from World Bank Group President David Malpass at the G20 Leaders Summit, Osaka, Japan

Thank you, Prime Minister Abe, for being such a gracious host. index

It is a great pleasure to be here during the new era of Reiwa, “Beautiful Harmony.” And it’s a true pleasure that the World Bank and Japan have maintained harmony since the early 1960s, notably when the World Bank made a loan to help fund the construction of the bullet train ahead of the 1964 Tokyo Olympics. I’ll ride that train tonight as I go to Tokyo. The bullet train and Japan’s many other advances enhanced connectivity and helped lead to Japan’s fast growth and its successful graduation from World Bank lending soon after the Olympics in 1966.

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How important are Global Value Chains for development? Read the new WDR2020 draft report and comment

Following an intense research and writing process over the last 10 months, I am pleased figure_1_-_2020_wdr_framework to announce that a draft of the World Development Report (WDR) 2020 – Trading for Developing in the Age of Global Value Chains is now available online for public comment.

Why Global Value Chains (GVCs) and why now? 

The World Bank’s last report on trade was more than thirty years ago – WDR 1987 Industrialization and Foreign Trade. In the meantime:

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Healthy people drive strong economies

Dieynaba Nioula Kane remembers vividly when, for the first time in her life, she was kg_blogforced to ask friends and family for money. It was out of desperation after the birth of her fifth child, a little boy with a life-threatening condition that needed specialist treatment in the capital. Dieynaba was forced to leave her job teaching French and hurriedly relocate to Dakar, where she was able to find the health services he needed.

But the expenses quickly piled up. Hospital bills, a tracheostomy, medicines, dressings, fees for nurses and doctors, plus the cost of food and transportation to and from the hospital. As she took a break from paid employment for four years to focus on her son’s health her family’s economic conditions deteriorated. It took the family years to recover.

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Mashreq 2.0: Boosting growth & creating jobs through digital transformation

The force of digitalization is driving the global economy, creating distinct groups of mena-mashreq-2-coverleaders and laggards. Through institutional reform that leverages the advantages of digitalization, the Mashreq can become a vital hub in international data networks. Furthermore, digital transformation can assuage pressing challenges. It can deliver higher transparency, accelerate lackluster productivity and increase economic opportunities for all, especially the youth of this region. A new report, Mashreq 2.0, charts the roadmap for the region to capitalize on this rapidly emerging opportunity, and assesses the prospect of a digitally integrated regional market.

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High-Performance Health-Financing for Universal Health Coverage: Driving Sustainable, Inclusive Growth in the 21st Century

Just over a decade out from the SDG deadline of 2030, many developing countries are notUHC_v6 on track to meet Universal Health Coverage (UHC) targets to ensure access to quality, affordable health services to all. People in developing countries pay over half a trillion dollars annually out-of-pocket for health services, which is pushing about 100 million people into extreme poverty each year. The evidence is strong that progress towards UHC would spur not just better health but also inclusive and sustainable economic growth, yet this report estimates that in 2030 there will be a UHC financing gap of $176 billion in the 54 poorest countries.  This  threatens decades-long progress on health, endangers countries’ long-term economic prospects, and makes them more vulnerable to pandemic risks. This report, launched to inform the first-ever G20 Finance and Health Ministers session in Osaka, Japan in June 2019, lays out an action agenda for countries and development partners to bridge the UHC financing gap, and makes a strong case for a focus on innovation in health financing over the next decade.

Download Full report and Executive summary 

Fighting climate change by planting trees in the sea

I started reading about the Aral Sea disaster in 1989 ahead of my first visit, as a student Aral_Sea_4Y2A1499_0and tourist, to Uzbekistan, then still a Soviet republic. In Karakalpakstan, the autonomous republic in current-day Uzbekistan, the Aral Sea has all but disappeared. Where fishing communities once thrived, all that remains is a scarred, desert landscape. Rusted ships are perched precariously on piles of sand and salt, along with a potent, unhealthy mix of toxic pollutants from industrial agriculture.

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Why measuring poverty impacts is more difficult than simply using score cards

Ending poverty is not only one of the twin goals of the World Bank, but also one of the mombasa_image.jpgSustainable Development Goals. To design and optimize projects for poverty reduction, we need to measure their impact on poverty. This is quite difficult because changes in the poverty rate might take some time, and it is usually hard to attribute the impact to a particular project, especially without conducting a randomized controlled trial (RCT). But even if we manage to overcome these challenges, we need to measure poverty before the start of the project – as a baseline and to understand whether the project adequately targets the poor – and at the end of the project to assess its impact. And that is also not easy.

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