ensure that girls and women can realize the returns to their schooling. Returns to schooling for women are high – so says Bono and the research. A couple of years ago, in an essay in Time magazine Bono wrote: “Give girls just one additional year of schooling and their wages go up almost 12 percent.” He said the same thing a year before that at the Munich Security Conference. The source of that quote was a 2014 World Bank paper and a recent update confirms this is still the case. At the same time, girls are staying in school longer and learning more. However, these gains are at risk as COVID-19 is presenting a crisis within a crisis for girls’ education.
Tag Archives: Economic
eC2: Quantifying the social and economic benefits of road safety interventions and guiding fragile cities on road safety interventions
Deadline: 17-Aug-2020 at 11:59:59 PM (Eastern Time – Washington D.C.)
This activity aims to show the benefits and costs of improvements in road safety in specific interventions in especially unsafe locations in Greater Freetown, dis-aggregated by sex, locations, type of mode, age, user-type, at minimum. The activities to be delivered by the firm is divided in the following tasks:
Fiscal Year-End Update to Governors of the World Bank Group
Dear Governors,
I hope this finds you well, safe, and healthy during these very difficult times. I have enormously appreciated your support over the past year, and our warm and constructive interactions. Face-to- face meetings have become harder over recent months, so at our fiscal year-end, I wanted to provide an update on World Bank Group (WBG) deliveries, as well as other efforts over the past year. I would like to focus in particular on the COVID-19 emergency response, the Debt Service Suspension Initiative for the world’s poorest countries, and progress made on debt transparency since the Development Committee on April 17. I would also like to update you on a few organizational, leadership, and governance matters.
Swift action can help developing countries limit economic harm of coronavirus
The novel coronavirus (COVID-19) outbreak has already exacted a high cost in human 
life and has been recognized for what it is—a global health emergency. As the virus spreads around the globe, the question now is whether lives can be protected and economic harm can be contained.
We know from history that when the global economy faces a common threat, quick, coordinated, and decisive action makes all the difference. That is beginning to happen. Several countries have announced stimulus programs, many have cut interest rates, and both the World Bank Group and the International Monetary Fund have unveiled massive financial-support packages to help countries overcome the health crisis and limit the economic damage.
World Bank Urges Action to Break the Cycle of Poverty from Generation to Generation
WASHINGTON, October 17, 2017 — The social status of one’s parents is as influential today as it was 50 years ago in determining a person’s future, according to early findings from an upcoming World Bank report, Fair Progress? Educational Mobility Around the World. Marking the 25th anniversary of the International Day to Eradicate Poverty, the institution sounded the alarm on a lack of progress since the 1960s in an area that is crucial for reducing poverty and inequality and promoting growth.
Accelerating Women’s Economic Empowerment
STORY HIGHLIGHTS
- A recent panel of finance ministers and Chief Executive Officers called for tangible and country-level action for women’s economic empowerment
- Equal access to financial services, helping women build assets and professionalizing the care-giving sector can help accelerate progress in women’s economic empowerment
- The flagship event helped share recommendations from the UN Secretary-General’s High-Level Panel on Women’s Economic Empowerment (HLP) report with delegations attending the 2017 WBG – IMF Spring Meetings
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