How and when can we use technology to design and implement youth employment programs? We should ask ourselves whether investing in digital solutions is worth the time and money before deciding to include a digital component in our projects, because as much as technology can be transformative and help provide solutions, it is both expensive and time-consuming. Furthermore, we need to make sure we fully understand the problem that we are trying to solve.
Category Archives: WBG News & Reports
Moving beyond GDP to look at the world through the lens of wealth
STORY HIGHLIGHTS 
- Global wealth grew significantly over the past two decades with middle-income countries catching up to high-income countries.
- New World Bank report includes estimates of human capital for the first time. Human capital is the largest component of global wealth, pointing to the need to invest in people.
- Natural capital makes up nearly half of the wealth in low income countries. More efficient, long-term management of natural resources is key to sustainable development.
Why investors must take a chance in the world’s most fragile countries
Fragility, conflict and violence affect more than two billion people across the globe
. And while poverty on the whole is declining, that’s not the case in countries affected by conflict. It is these countries plagued by near-constant political and economic instability that are often the ones most in need of private investment. Yet they are also the places few private investors are willing to go. The risks seem to outweigh the rewards.
3 Big Ideas to Achieve Sustainable Cities and Communities
Three big ideas, countless solutions
At the World Urban Forum, the World Bank will offer three big ideas that are essential for successfully implementing the New Urban Agenda:
- Financing the New Urban Agenda
- Promoting territorial development
- Enhancing urban resilience to climate change and disaster risks
The Bank will also be showcasing some of the innovative knowledge and transformative actions that have proven to help end extreme poverty and boost shared prosperity in cities around the world.
A Smarter Way to Keep Teachers in Malawi’s Remote Schools
Alberto Gwande and his students at Khuzi school in Malawi need more teachers. The school is severely understaffed, with only six teachers for nearly 800 students. “I was supposed to receive new teachers last year, but they never came,” recalls Alberto, the headteacher.
Khuzi is 20 kilometres away from Nathenje, the nearest large village with a trading center, and its Pupil-Teacher Ratio (PTR) is 131 pupils per teacher. In contrast, Chibubu school, located four kilometers from Nathenje, has a PTR of 65, while Mwatibu school, located inside the village, has a PTR of just 49. And yet, despite the shortage at Khuzi, it was Chibubu which received four new teachers last year.
Global Economy to Edge Up to 3.1 percent in 2018 but Future Potential Growth a Concern
Current Slack in Global Economy Expected to Fade
WASHINGTON, January 9, 2018— The World Bank forecasts global economic growth to edge up to 3.1 percent in 2018 after a much stronger-than-expected 2017, as the recovery in investment, manufacturing, and trade continues, and as commodity-exporting developing economies benefit from firming commodity prices.
However, this is largely seen as a short-term upswing. Over the longer term, slowing potential growth—a measure of how fast an economy can expand when labor and capital are fully employed—puts at risk gains in improving living standards and reducing poverty around the world, the World Bank warns in its January 2018 Global Economic Prospects.
Equality Means Business: Making the Business Case for Women Charity R. Hodzi-Sibanda’s picture
When early December was upon us—heralding the start of the month of annual festivities—a group of women executives met to put forward strategies for equality in business. They met against a background of the harsh reality of women’s exclusion from leadership positions in Zimbabwe, brought to the fore in a recently released Confederation of Zimbabwe Industries (CZI) Manufacturing Survey for 2017.
What keeps the President of the World Bank up at night?
This year’s World Economic Forum Annual Meeting comes at a time of good news for the world economy. As we said in this month’s Global Economic Prospects report, for the first time since the financial crisis, the World Bank is forecasting that the global economy will be operating at or near full capacity. We anticipate growth in advanced economies to moderate slightly, but growth in emerging markets and developing countries should strengthen to 4.5% this year.
Using technology to promote youth employment: How to develop digital solutions
How and when can we use technology to design and implement youth employment programs? We should ask ourselves whether investing in digital solutions is worth the time and money before deciding to include a digital component in our projects, because as much as technology can be transformative and help provide solutions, it is both expensive and time-consuming. Furthermore, we need to make sure we fully understand the problem that we are trying to solve.
Infrastructure & Africa’s development—the PPP imperative
Africa is a continent rich in natural resources and boasts a large young, ambitious, and entrepreneurial-minded population. Harnessed properly, these endowments and advantages could usher in a period of sustained economic growth and increased well-being for all Africans. However, a lack of modern infrastructure is a major challenge to Africa’s economic development and constitutes a significant impediment to the achievement of the Sustainable Development Goals.
Netherlands for the World Bank 
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