Without any hint of irony, the World Bank’s most recent Doing Business Report 2017 promises ‘Equal Opportunity for All’. Bangladesh ranked 176th among 190 economies, below civil war-ravaged Iraq and Syria! Bangladesh even slipped two places from 174 in the 2016 ranking and is three places below its 2015 ranking.
Bangladesh is weighing a World Bank proposal to introduce a carbon tax, the first of its kind in the South Asian nation, amid fears of a backlash from consumers.
Albert Kanga Azaguie no longer considers himself a smallholder farmer. By learning and monitoring the supply and demand value chains of one of the country’s staple crops, plantain (similar to bananas), Kanga ventured into off-season production to sell his produce at relatively higher prices.
World leaders agreed in 2000 to halve the number of people living in poverty by 2015. The poverty line was defined as the purchasing power parity (PPP) equivalent to a US dollar a day, later adjusted to the 2005 PPP equivalent of $1.25 daily in 2008 to the 2012 PPP equivalent of $1.90 daily in 2015. As the cost of living rise unevenly across the world, the World Bank periodically updates the global poverty line to reflect these changes. Nevertheless, there are many concerns about how the line was defined and has been revised over the decades.
Ten presidents and prime ministers from around the world will work together to resolve the growing global water crisis amid warnings that the world may face a 40 percent shortfall in water availability by 2030.
The rich and the powerful, who meet every year at the World Economic Forum (WEF), were in a gloomy mood this time. Not only because the day they met close to eight trillion dollars has been wiped off global equity markets by a "correction". But because no leader could be in a buoyant mood.
With the African Union celebrating the African Year of Human Rights at its 26th summit, at its headquarters in Addis, Ethiopia, the venue raises serious concerns about commitment to human rights.
Small-scale farmer Augustine Sibanda has grown resilient traditional sorghum varieties passed down through generations but has increased his yields after he adopted improved seed varieties developed through research.
Despite a cultural, historical and linguistic identity quite distinct from the rest of Africa, Ethiopia never became a major tourist destination on the continent.
Venezuela doesn't want investment treaties anymore if they give investors the right to drag the country before a commercial court. "The system has been set up to break down the nation-state."
Women leaders in the Pacific Islands have acclaimed the agreement on reducing global warming achieved at the United Nations (COP21) Climate Change conference in Paris as an unprecedented moment of world solidarity on an issue which has been marked to date by division between the developing and industrialized world. But for Pacific small island developing states, which name climate change as the single greatest threat to their survival, it will only be a success if inspirational words are followed by real action.
Deep into the subtly monochrome landscape of the southern West Bank, Abu Ismaeel’s tent stands out amongst bare rolling hills that stretch into the horizon. A lonely gate, with no fence around it, signals the official entrance to two large tents in the Rashayda Desert.
The heavily criticized legal mechanism, known as ISDS, is an important tool for European companies to pressurize developing countries. This year Uganda joins the rank of developing nations asking themselves: "Why have we ever signed this?"
High up in the mountainous interior of Papua New Guinea (PNG), the most populous Pacific Island state of 7.3 million people, rural lives are marked by strenuous work toiling land in rugged terrain with low access to basic services.
One of the most significant aspects of the international conference on climate change, concluded in Paris on December 12, is that food security and ending hunger feature in the global agenda of the climate change debate.
This market centre in the arid Lake Magadi region, Kajiado of Southern Kenya is with no grid electricity. The area is inhabited by the pastoralist Maasai community. With climate change affecting their pastoral way of life, the community is increasingly adopting a more sedentary life but without amenities.
The UN’s heavily-hyped Sustainable Development Goals (SDGs), which were approved by more than 160 world leaders at a summit meeting in September, are an integral part of the world body’s post-2015 development agenda, including the eradication of hunger and poverty by 2030.
“Poverty has become part of me,” says 13-year-old Aminata Kabangele from the Democratic Republic of Congo. “I have learned to live with the reality that nobody cares for me.”
The rubble of twisted concrete and metal bakes in the hot Mediterranean sun of a regional heat wave.
In recommendations to German Chancellor Angela Merkel at the end of July, the German Council of Economic Experts outlined
how a weak member country could leave the Eurozone and called for strengthening the European monetary union.
The formal opening of the BRICS Bank in Shanghai on Jul. 21 following the seventh summit of the world’s five leading emerging economies held recently in the Russian city of Ufa, demonstrates the speed with which an alternative global financial architecture is emerging.