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The key to unlocking the economic potential of the Western Balkans? Women.

Linda Van Gelder's picture
LED lights are part fo an energy efficient street lighting program in Thailand. Carbon Partnership Facility

We’re about 16 months away from the 2015 UN climate meeting in Paris, intended to reach an ambitious global agreement on climate change. Now, more than ever, there is a need for innovation to scale up climate action.

The Bank’s Carbon Partnership Facility (CPF) is helping blaze that trail.

The role of the CPF is to innovate in scaling up carbon crediting programs that promote sustainable, low-carbon economic growth in developing countries. In its first set of programs, the CPF moved past the project-by-project approach to larger scale through the Clean Development Mechanism’s Programme of Activities, catalyzing investment in methane capture from landfills, small-scale renewable energy, and energy efficiency.

How do courts impact the business climate… really?

Georgia Harley's picture
Tim Cordell, Cartoonstock.com

We know that the justice system dampens the business climate in many of the countries where we work. In Bank reports, national strategies, and in common parlance, we lament that poorly performing courts delay business activity, undermine predictability, increase risks and constrain private sector growth. Going further, we conclude that weak justice systems disproportionately hamper micro, small and medium sized enterprises (MSMEs) because they have less buffer to absorb these problems - which can become make-or-break for their businesses.

So that’s the ‘what’ but, precisely, how, do courts impact businesses?
 

What do we know about the development outcomes of LGBTI people?

Dominik Koehler's picture
We all know, sadly, that lesbian, gay, bisexual, transgender, and intersex (LGBTI) people suffer discrimination and stigma. This happens around the world, particularly in developing countries.  But how does this discrimination affect their lives, their development outcomes? 

Let’s find out.
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What happens if you don’t pay your bill? Lessons from Central and Eastern Europe

Georgia Harley's picture



Many countries around the world are working to ensure that all people can access the quality health services they need without suffering financial hardship. Countries have committed to reaching universal health coverage (UHC) by 2030 as part of the global Sustainable Development Goals.

A mixed report: How Europe and Central Asian Countries performed in PISA

Cristian Aedo's picture
Tim Cordell, Cartoonstock.com

Мы знаем, что система правосудия омрачает деловой климат во многих странах, в которых мы работаем. В докладах Всемирного банка, национальных стратегиях и просто в разговорах мы жалуемся, что неэффективная работа судов сдерживает предпринимательскую активность, отрицательно отражается на прогнозируемости, увеличивает риски и сдерживает рост частного сектора. Кроме того, мы делаем вывод о том, что слабая система правосудия непомерно препятствует развитию микро-, малых и средних предприятий (MSMEs), потому что у них меньше средств для того, чтобы справиться с этой проблемой, что может стать решающим фактором самого существования их предприятий.
 
Итак, «что», а точнее, «как» суды влияют на бизнес?
 

The economic benefits of LGBTI inclusion

Georgia Harley's picture
Civil Rights Defenders/Photo: Vesna Lalic
Civil Rights Defenders/Photo: Vesna Lalic
Discrimination against lesbian, gay, bisexual, transgender and intersex (LGBTI) people is an all too familiar story. Members of this community are frequent targets of violence and other human rights abuses, and often face prejudice and hardship at work, in their communities, and at home.

Action is needed to address these problems and ensure that everyone – regardless of race, gender, age, sexual orientation, or gender identity - has an equal chance to live a healthy and prosperous life
This is not only the right thing to do, it also makes economic sense: a growing body of evidence indicates that discrimination against LGBTI people has a negative economic impact on society.

Assessing disaster risk in Europe and Central Asia – what did we learn?

Alanna Simpson's picture
James Cooper, Sunday Bondo and Patrick Lappaya work together closely to take a sample
swab to help determine the death of a women at C.H. Rennie Hospital in Kakata, Margibi
County in Liberia on March 10, 2016. Photo © Dominic Chavez/World Bank

In my blog in February I described the rationale behind the creation of the International Working Group on Financing Preparedness (“IWG”), which is focused on how to ensure sustainable funding for the first line of defence against pandemics – prevention, identification and containment of infectious disease outbreaks at a national level. The IWG had its second face-to –face meeting earlier this month in London at Wellcome Trust. The goal of this meeting was to review the analytical work that had taken place over the last couple of months and debate a draft set of recommendations. Since that meeting we have been refining these recommendations with a view to presenting them in draft form to the UN Secretary General’s Global Health Crisis taskforce on May 1 and launching the full report at the World Health Assembly on May 25.

Let’s turn the lights on! The PISA test and FYR Macedonia

Bojana Naceva's picture

Since the late 1990s, the importance of multinational banks has grown dramatically.  Between 1999 and 2009 the average share of bank assets held by foreign banks in developing countries rose from 26 percent to 46 percent. The bulk of the pre-global crisis evidence analyzing the consequences of this significant transformation in bank ownership suggests that foreign bank participation brought many benefits to developing countries, especially in terms of bank competition and efficiency.

The recent global financial crisis, however, highlighted the role of multinational banks in the transmission of shocks across countries. Most of the research has focused on transmission through the lending channel – how foreign bank lending behaved during the crisis. A number of papers, including some before the recent global crisis, have documented that lending by foreign bank affiliates declines when parent banks’ financial conditions deteriorate.

People’s living standards – do numbers tell the whole story?

Giorgia DeMarchi's picture
Also available in: Español

 Tomislav Georgiev /World BankAltruistic and marketing motives aside, a private operator of infrastructure (in particular in an arrangement as highly structured as PPP) is likely to implement renewable energy technology only if profitable and/or mandated in the PPP arrangements. Critics are often angry that private operators think first about the bottom line, rather than make decisions based on the best interests of the environment. This is unfair to some extent, as private companies are often committed to climate friendly efforts (whether truly altruistic or for marketing opportunities). But as a general premise, the private sector will do what you pay it to do.

From forgotten Yugos to new engines of growth: Reviving the car industry in South East Europe

John Mackedon's picture
Children in Koutoukalé, Niger

Have you ever wondered how your life chances are affected by where you were born? Odds of being born at all are already miraculously small, but only one in ten of us is born into the relative security of a high-income country. What if you are born in Niger or in the Democratic Republic of the Congo (DRC)? Before you could even walk or talk, your challenges would be daunting. That's because, despite progress, deaths of children under five years old are more than twenty times higher than in the EU and nearly ten times higher than in China.

Even if you survived, you would confront another major risk to your development: malnutrition. In Niger and DRC, almost one out of every two children is stunted. Stunting has significant and long-lasting negative effects on early childhood development, impeding physiological and mental development, and making small children more vulnerable to disease. Starting off in life stunted is akin to starting a marathon with a broken ankle.


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