Welcome to the “10 Candid Career Questions” series, introducing you to the infrastructure and PPP professionals who do the deals, analyze the data, and strategize on the next big thing. Each of them followed a different path into infra and/or PPP practice, and this series offers an inside look at their backgrounds, motivations, and choices. Each blogger receives the same 10 questions that tell their career story candidly and without jargon. We hope you will be surprised and inspired.
Intense drought can devastate a country. . Dealing with both at the same time? That’s just another day for too many countries around the world that struggle to accurately predict weather- and climate-related disasters while simultaneously dealing with their effects.
Today, World Meteorological Day recognizes the benefits of accurate forecasting and improved delivery of hydromet services for the safety of lives and economies. Hydrological and meteorological (or “hydromet”) hazards – weather, water, and climate extremes – are responsible for 90 percent of total disaster losses worldwide. Getting accurate, timely predictions of these hazards into the hands of decision-makers and the public can save lives, while generating at least three dollars’ worth of socio-economic benefits for every one dollar invested in weather and climate services – a win-win. But less than 15 years ago, even the small amount of hydromet investment that existed was fragmented, with little hope of producing sustainable results.
There is a new tool TCdata360 that brings together multiple sources of data in a user-friendly way. It is designed around data for trade and competitiveness and the private sector. It includes data from a number of sources too, such as the World Bank, OECD, UN, and the World Economic Forum. Most interesting of all, it’s visual. Visual data can be used to build stories.
An interesting story draws an audience online, but you have to tell it quickly, as the time frames for stories are getting progressively shorter. On Vine, a six second story feels like a moment repeating itself endlessly. Dom Hoffman, the app’s creator told the New Yorker, “It feels like a moment that’s happening over and over again,” Hofmann said, “I think when people remember things in the past, they view those things on repeat.”
The Tribeca Film Festival started six-second films a few years ago. At the SXSW Film Festival this month, Google’s creative director, Ben Jones spoke about this topic in a panel called, "From Six Words to Six Seconds: How the New Age of Storytelling and Innovation Intersect." (Urban legend has it that Ernest Hemingway published one of these six-word stories, “For Sale: baby shoes. Never worn.”)
In 1950, the average working-age person in the world had almost three years of education, but in East Asia and Pacific (EAP), the average person had less than half that amount. Around this time, countries in the EAP region put themselves on a path that focused on growth driven by human capital. They made significant and steady investments in schooling to close the educational attainment gap with the rest of the world. While improving their school systems, they also put their human capital to work in labor markets. As a result, economic growth has been stellar: for four decades EAP has grown at roughly twice the pace of the global average. What is more, no slowdown is in sight for rising prosperity.
High economic growth and strong human capital accumulation are deeply intertwined. In a recent paper, Daron Acemoglu and David Autor explore the way skills and labor markets interact: Human capital is the central determinant of economic growth and is the main—and very likely the only—means to achieve shared growth when technology is changing quickly and raising the demand for skills. Skills promote productivity and growth, but if there are not enough skilled workers, growth soon chokes off. If, by contrast, skills are abundant and average skill-levels keep rising, technological change can drive productivity and growth without stoking inequality.
- boost prosperity
- Knowledge and Skills
- job market
- job creation
- Social Development
- Public Sector and Governance
- East Asia and Pacific
- Solomon Islands
- Papua New Guinea
- Micronesia, Federated States of
- Marshall Islands
- Lao People's Democratic Republic
- Korea, Republic of
Today, on World Water Day, we are humbled by the fact that over 663 million people on the planet still live without access to safe drinking water; 2.4 billion people lack access to basic sanitation services, such as toilets or latrines. With these challenges persisting around the world despite decades of hard work in the water and santiation sectors, are we at a point where we need to take a step back from current solutions and practices and do business differently?
The new Water Supply, Sanitation, and Hygiene Poverty Diagnostic (WASH PD) initiative suggests exactly that.
New findings from the WASH PD initiative (led by the World Bank Water Global Practice in collaboration with Poverty, Governance, and Health, Nutrition, and Population) for the first time advances our understanding in a systematic manner of the relationship between poverty and WASH at the country level. Our deep analysis of 18 countries—across six regions—provides us with new evidence of realities that must be acknowledged, and shows without a doubt that we must work together across sectors if we are to find solutions with sustained impacts on the ground.
China has seen a booming tourism industry during the last few decades, thanks to a fast-developing economy and growing disposable personal income. , and 8.4% of the country’s total employment. Not surprisingly, cultural heritage sites were among the most popular tourist destinations.
But beyond the well-known Great Wall and Forbidden City, many cultural heritage sites are located in the poorer, inland cities and provinces of the country. If managed sustainably, —especially ethnic minorities, youth, and women—find jobs, grow incomes, and improve livelihoods.
“[Sustainable tourism] is not only the conservation of the cultural assets that are very important for the next generations to come, but, also, it’s the infrastructure upgrading, it’s the housing upgrading, and it is the social inclusion to really preserve the ethnic minorities’ culture and values – it is an interesting cultural package that is very valuable for countries around the world,” says Ede Ijjasz-Vasquez, a Senior Director of the World Bank.
To help reduce poverty and inequality in China’s lagging regions, —with the Bank’s largest program of this kind operating around 20 projects across the country. These projects have supported local economic development driven by cultural tourism.
“Over the years, the program has helped conserve over 40 cultural heritage sites, and over 30 historic urban neighborhoods, towns, and villages,” according to Judy Jia, a Beijing-based Urban Analyst.
Watch a video to learn from Ede Ijjasz-Vasquez (@Ede_WBG) and Judy Jia how cultural heritage and sustainable tourism can promote inclusive growth and boost shared prosperity in China, and what other countries can learn from this experience.
Also available in: 中文
New developments and curiosities from a changing global media landscape: People, Spaces, Deliberation brings trends and events to your attention that illustrate that tomorrow's media environment will look very different from today's, and will have little resemblance to yesterday's.
Where do you get your news from? Is it TV, printed media, radio, social media? Are they established or new news sources? Your answer probably differs depending on your own media consumption behaviors, your age, where you live, and many other aspects. And your answer may change from year to year. You probably still read, watch, or listen to the similar familiar and trusted sources, but has the way you get to those sources changed overtime? How do you access news? Trying to understand the changing environment around news across countries, Reuters Institute for the Study of Journalism commissioned the “Digital News Report.”
The latest Digital News Report 2016 found that across their entire sample, 51% of those interviewed (over 50,000 people in 26 countries) used social media as a source of news each week. For one in ten of those used social media as their main source of news. The infographic below shows clear growth of social media as a main source of news (selected countries) just from last year. According to this report, in Brazil, the growth of social media as a main source of news increased from 10% to 18%, while in Denmark it doubled from 6% to 12%. Other selected countries also experienced significant increase. In Greece, 27% said social media was their main source of news. More than TV (21%) and Print (3%).