World Bank

Changes to World Bank Safeguards Risk “Race to the Bottom”, U.N. Experts Warn

An unprecedented number of United Nations special rapporteurs and independent experts are raising pointed concerns over the World Bank’s ongoing review of its pioneering environmental and social safeguards, particularly around the role that human rights will play in these revamped policies.

Kenya’s Economy Sees Growth at Top But No ‘Trickle-Down’

David Kamau is a small-scale maize farmer in Nyeri, Central Kenya, some 153 kms from the capital Nairobi. He recently diversified into carrot farming but is still not making a profit.

Afghan Concern Over Western Disengagement

The U.S./NATO International Security Assistance Force Joint Command lowered its flag for the last time in Afghanistan on Dec. 8, after 13 years. The ISAF mission officially ends on Dec. 31, and will be replaced on Jan. 1, 2015 by “Resolute Support”, a new, narrow-mandate mission to train, advise and assist the Afghan National Security Forces.

World Bank Calls for Development Policy “Redesign” around Human Behaviour

The World Bank has taken an unusual but highly visible step away from traditional economics, encouraging policymakers and development implementers to place far more emphasis on research into local human behaviour when drawing up plans and projects.

OPINION: The Decline of Social Europe is Part of a World Trend

After the Italian sea search-and-rescue operation Mare Nostrum at a cost of nine million euros a month, through which the Italian Navy has rescued nearly 100,000 migrants – although perhaps up to 3,000 have died – from the Mediterranean since October 2013, Europe is now presenting its new face in the Mediterranean.

Will Myanmar’s ‘Triple Transition’ Help Eradicate Crushing Poverty?

Myanmar is never out of the news for long. This has been the case since a popular uprising challenged military rule in 1988. For over two decades, the country was featured in mainstream media primarily as one unable to cope with its own internal contradictions, a nation crippled by military rule.

Will Myanmar’s ‘Triple Transition’ Help Eradicate Crushing Poverty?

Myanmar is never out of the news for long. This has been the case since a popular uprising challenged military rule in 1988. For over two decades, the country was featured in mainstream media primarily as one unable to cope with its own internal contradictions, a nation crippled by violence.

G20 Seeks to Streamline Private Investment in Infrastructure

Industrialised countries have agreed to collaborate on a new programme aimed at funnelling significant private-sector investment into global infrastructure projects, particularly in developing countries.

Bangladeshi ‘Char Dwellers’ in Search of Higher Ground

Jahanara Begum, a 35-year-old housewife, is surrounded by thatched-roof homes, all of which are partially submerged by floodwater.

World Bank Pushes Private Sector for Major Investments in Infrastructure

The World Bank has initiated a major call to action for private sector investors around infrastructure projects in developing countries.

Thirsty Land, Hungry People

Gazing out over the parched earth of Sri Lanka’s Northern Province, one might think these farmlands have not seen water in years. In fact, this is not too far from the truth.

Thirsty Land, Hungry People

Gazing out over the parched earth of Sri Lanka’s Northern Province, one might think these farmlands have not seen water in years. In fact, this is not too far from the truth.

‘Youth Exodus’ Reveals Lack of Opportunities

The small South Pacific island state of Samoa, located northeast of Fiji, attracts tourists with its beaches, natural beauty and relaxed pace of life, but similar to other small nations with constrained economies, it is experiencing an exodus of young people, who are unable to find jobs.

Despite New Pledges, Aid to Fight Ebola Lagging

Despite mounting pledges of assistance, the continuing spread of the deadly Ebola virus in West Africa is outpacing regional and international efforts to stop it, according to world leaders and global health experts.

World Bank Reports Major Global Support for Carbon Pricing

Seventy-three countries and 22 lower-level governments offered formal support Monday for a global price on carbon dioxide emissions, including China, Russia and the European Union.

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