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December 2017

Improved Trade Policies Can Expand Exports and Drive Growth in Nepal

Gonzalo Varela's picture
Lynne Sherburne-Benz, World Bank Senior Regional Advisor for Africa, exchanges with young beneficiaries of the Madagascar Social Safety Net Project.


I first visited Madagascar in 1985 as a student doing research with FOFIFA, Madagascar’s national center for agricultural research. I was fortunate to be able to come back in the early 1990s as a task team leader for a project funded by the World Bank, at a time when the Bank was restructuring its projects to respond to drought in southern Madagascar. Over two decades later, here I am again in the South of this beautiful country, which is suffering again from drought and continues to be counted among the poorest countries in the world.

Powering up Africa through innovation

Simon Bell's picture
Recent World Bank investment climate surveys find that the top two constraints for small and medium enterprises (SMEs) in Africa are access to finance and access to energy. Given that SMEs contribute disproportionately to boosting job creation, GDP, and exports, addressing these two constraints is critical to promoting economic development on the continent.
 
A new project combining skills across the World Bank Group and IFC is taking advantage of disruptive advances in the energy and finance sectors to address these longstanding challenges for SMEs.
 
Current access to electricity remains woefully low and is a major impediment to economic growth. More than half of Africa’s population isn’t connected to the energy grid and has no access to reliable power. At the same time, fewer than 50% of adults have an account with a formal financial institution.
 
In recent years, however, two important developments have made it possible to begin addressing these challenges:
  1. Off-grid energy solutions—notably solar power—have fallen dramatically in price with new business models working to scale them
  2. New digital-based financing mechanisms, such as crowdfunding, cryptocurrencies, peer-to-peer lending, psychometric testing, big data, and blockchain have emerged as tools for under-served finance markets.

There are strong parallels in these advances for both sectors. Whereas both energy and finance are traditionally provided by large-scale, centralized service providers—state-owned electricity utilities and large commercial banks, respectively—new solutions have effectively decentralized and democratized the provision of these services. Now a range of smaller, innovative companies can provide these services and consumers can go “off-the-grid” for both their energy and financial needs.
 

Anne Mwaniki, CEO of Solimpexs Africa, a Kenyan company producing solar-powered heating systems.
Photo © infoDev / World Bank

Technology and market developments in the remittance industry

Supriyo De's picture

How much food is produced on a plot of land? The answer is central to several pressing questions in agricultural and development economics: How efficiently do smallholders use their labor and land? What interventions are most effective at lifting smallholders out of poverty? Are smallholders better off investing more time and resources on the farm, or intensifying their reliance on off-farm employment? The answers in part depend on the ability to accurately measure crop production. This is why household and farm surveys across the developing world, such as those supported by the World Bank Living Standards Measurement Study – Integrated Surveys on Agriculture (LSMS-ISA) initiative, attempt to obtain precise, within-farm measures of crop production and productivity.

How Maputo is driving new forms of collaboration between citizens and city governments

Eva Clemente's picture
Mobile application for e-health and a community volunteer demonstrating
the use of the electronic system

At the recent Delhi End TB Summit, Sudeshwar Singh, 40, a tuberculosis (TB) survivor, took to the stage to share his story, not just about the physical hardship of his diagnosis but also the stigma and fear that plagued his family and threatened to crush his spirit. Sudeshwar’s story, however, ends with a victory and a call for optimism for the fight against TB; he completed his treatment, and became an activist, raising TB awareness in his home state of Bihar.

Creating “Solid Ground” for gender equality in land access

Jane W. Katz's picture
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While reading a newspaper over the holidays, one of us came across an article with an often common story: “car collision causes mass fatalities on mountain road”. The collision resulted in 51 deaths, after a bus--one of the vehicles involved, plunged down a cliff in Peru.  Many of the dead were returning to Lima after celebrating the New Year’s holiday with family outside the city. 

The quest for a well-resourced holiday meal

Idah Z. Pswarayi-Riddihough's picture



Holidays for me have always been about family and food. A time to relax, catch-up with loved ones and eat good food.  When it’s our turn to cook, my husband and I take time to plan the menu. A central part of our meals are vegetables and fresh fruits but we have also learnt over the years that a good meal needs fresh ingredients, all procured as close to the preparation of the meal as possible. 
 
Sri Lanka has not disappointed in its array of fruits and vegetables. I am still discovering the names of many; some of which I will never be able to pronounce for sure. Despite that, I love eating them! 
 
Amongst my favourites are papaya, mangoes and kankun, the last for which I share a passion with my two pet turtles. But getting these vegetables and fruits from the same supplier on a constant basis is a challenge. Even common produce like onions, tomatoes, and cucumbers can be discoloured or squishy – not at all appetizing or conducive for a salad or other such type of fresh dish.
 
The price, of course, is the same whatever the quality. Fresh produce can be expensive, and regularly buying a variety of fruits and vegetables does strain the budgets of many families in Sri Lanka. Needless to say, this shouldn’t be the case in a country with such rich soils and plentiful sunshine.  
 
The question of access to fresh and healthy food goes beyond our holiday tables. According to the World Health Organisation, 1 in 5 premature deaths in Sri Lanka are due to a non-communicable disease (NCD) such as diabetes, cardiovascular disease or cancer.[1] Tobacco use, unhealthy diets, harmful use of alcohol and physical inactivity have all been identified as risk factors.

When technology meets agriculture in Bhutan

Yoichiro Ishihara's picture
Commercial Agriculture is important for Bhutan's Development
Based in eastern Bhutan, Mountain Hazelnuts has developed innovative uses of ICT for its commercial agriculture operations. Photo Credit: Bryan Watts/World Bank

Bhutan is a challenging environment in which to develop commercial agriculture. The country has limited areas for agriculture, and its geography and road conditions make logistics and market access costly.

Therefore, commercial agriculture is critical to increase productivity, which will help create jobs and access to more and better food. This can be achieved not only through focusing on high-value products and investing in traditional infrastructure such as irrigation, but also through using information and communication technology (ICT). Based in eastern Bhutan, Mountain Hazelnuts has developed innovative uses of ICT for its commercial agriculture operations.

#8 from 2017: Blockchain for Development: A Handy Bluffers’ Guide

Duncan Green's picture

Our Top Ten blog posts by readership in 2017. This post was originally published on May 15, 2017.  

Top tip: if you’re in a meeting discussing anything to do with finance, at some point look wise and say ‘you do realize, blockchain is likely to change everything.’ Of course, there is always a terrifying chance that someone will ask what you actually mean. Worry not, because IDS has produced a handy bluffer’s guide to help you respond. Blockchain for Development – Hope or Hype?, by Kevin Hernandez, is the latest in IDS’ ‘Rapid Response Briefings’ series, (which itself is a nice example of how research institutions can work better around critical junctures/windows of opportunity). It’s only four pages, but in case even that is too onerous, here are some excerpts (aka a bluffer’s guide to the bluffer’s guide).

‘What is blockchain technology?

At its heart, the blockchain is a ledger. It is a digital ledger of transactions that is distributed, verified and monitored by multiple sources simultaneously. It may be difficult to think of something as basic as the way we keep and maintain records as a technology, but this is because record-keeping is so ingrained in daily life, albeit often invisibly. The ubiquity of ledgers is in part the reason why blockchains are held as having so much disruptive potential. Traditionally, ledgers have enabled and facilitated vital functions, with the help of trusted third parties such as financial institutions and governments. These include: ensuring us of who owns what; validating transactions; or verifying that a given piece of information is true.
 

No pain, no gain: Witnessing ingrained obstacles to public sector reform in Senegal

Thomas Dickinson's picture

This blog first appeared on Joint Learning Network for Universal Health Coverage

Adam Smith, the 18th century social philosopher and political economist, renowned as the father of modern economics, observed in his seminal work “The Wealth of Nations” that “sugar, rum, and tobacco are commodities which are nowhere necessaries of life, [but] which are ... objects of almost universal consumption, and which are therefore extremely proper subjects of taxation.” 


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