World Bank Group Sanctions System: Promoting good governance and tackling corruption

Accountability is a basic principle of good governance. But in a rapidly evolving world, howanti-corruption-day-1140x500_1140x500 can public institutions ensure their checks and balances remain strong and responsive to change?  

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South Asia’s Development Journey: How IDA is Transforming Lives

For over six decades, the World Bank’s International Development Association (IDA) has2024-sar-ida-1140x500_1140x500 been a lifeline for low-income countries, providing them with affordable development funding when few other options exist. IDA has helped improve millions of lives and supported development results that have moved countries forward.

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Navigating troubled waters: The Red Sea shipping crisis and its global repercussions

 

The Red Sea, a critical conduit for 30% of the world’s container traffic, is currently facing aOil-tanker-Hero-Image_1140x500 shipping crisis of unprecedented scale. The New Brief, first of a new series analyzing recent economic and social developments and special issues in Fragile, Conflict, and Violence (FCV) situations in the Middle East and North Africa (MENA), explores the impact of the Red Sea shipping crisis. The recent conflict in the Middle East has led to attacks on commercial vessels, causing a significant downturn in maritime activity (Figure 1). As of end-March 2024, the volume of traffic through the strategic Suez Canal and Bab El-Mandeb Strait has dropped by half, while the alternative route via the Cape of Good Hope route has witnessed a 100% increase in navigation (Figure 2).

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Empowering Africa’s Youth: Bridging the Digital Skills Gap

Digital pathfinders: The role of youth in the online gig economy

Imagine a world where strategic investments in health not only save lives but also drive shutterstock-2102731174 1140x500economic growth and resilience. This vision was at the heart of the 7th Annual Health Financing Forum, where hundreds of participants and experts recently gathered to explore health financing in the post COVID-19 era.

As we face the slowest five-year growth in 30 years, with financial stress, inflation, and heightened debt levels, innovative fiscal policies are critical. The economic slowdown, amplified by COVID-19’s lingering effects, underscores the need for public investments in health and other social priorities like education to support human capital.

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Digital pathfinders: The role of youth in the online gig economy

Can you imagine a job where you can decide where to work, when to work, and which20150625-zambia-hoel-5313_1140x500.jpg projects to work on? According to our recent data analysis, this is exactly how 243 million youth around the world are challenging the traditional career path, particularly in developing countries where they seek higher pay and jobs that are not easily available close to home.

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