The world financial and economic crisis has reversed recent growth trends in the world’s poorest nations, dampening the prospects that half of the 48 least developed countries (LDCs) will be able to “graduate” from that status by the end of the decade, as called for by last year’s international conference on LDCs, UNCTAD research shows. The present study, which is the outcome of ongoing work by the UNCTAD secretariat on LDCs, assesses the challenges, opportunities and prospects for meeting the criteria for graduation, particularly by enhancing the role of commodities and improving agricultural productivity. more[...]
The Forum, a global gathering of CIF’s diverse stakeholders, will offer plenary and parallel sessions to explore ways to maximize CIF’s effectiveness. At the Forum, the AfDB will lead a session on “Enabling Environment as an Engine for Private Sector Contribution to Sustainable Development” on November 6 from 2:00-4:00 pm. The event features discussions on Legal and Regulatory Frameworks, Fiscal Risks and Incentives and Technical Capacity and Procurement Methods. more[...]
This report considers migration in the context of environmental change over the next 50 years. The scope of this report is international: it examines global migration trends, but also internal migration trends particularly within low-income countries, which are often more important in this context. more[...]
The worldwide financial crisis brought into relief the role of financial systems in economic development and poverty reduction. The World Bank’s first-ever Global Financial Development Report contributes to the policy debates on this topic, building on new datasets, surveys, research and country experience, emphasizing the perspective of low- and middle-income countries. The report re-examines a basic question highlighted by the crisis: what is the proper role of the state in financial development? more[...]
Over the past decade, Brazil has made important progress in legitimizing illegal settlements in big cities. However, according to a new study by the Inter-American Development Bank (IDB), Cities Alliance, the Ministry of Cities, and the Caixa Econômica Federal (CEF), the technical capabilities of Brazilian municipal governments need to be strengthened if improvements are to be integrated into housing and urban policies that can be implemented in the city as a whole. more[...]
Africa's urban population is growing faster than that of any other region, but many of its cities are not keeping pace with the increasing demand for food that comes with that growth. A new FAO publication says policymakers need to act now to ensure that African cities will be "green" enough to meet their nutrition and income needs in a sustainable way. more[...]
South-South investment and exchange of know-how are key sources of growth and prosperity in Africa – and Huajian Group of China’s experience in Ethiopia is really edifying. That was the message the President of the African Development Bank Group, Donald Kaberuka, gave in his address at the opening of a high-level seminar on September 7 in Tunis. more[...]
Recent events in many countries across the world are a stark reminder that the power of the human spirit should not be underestimated. As we put the “Great Recession” behind us and look toward a more positive – and yet vastly different – new era, we are reminded that it was the innovation, creativity, and passion of people who got the world through those challenging times. During the downturn, companies had to cope with “doing more with less” – raising productivity yet with fewer people to get the work done. This required new approaches, new perspectives, and above all, new ingenuity. The recession is in our rearview mirror but that pressure to do more with less has endured – we have entered the Human Age. more[...]
With a population of about 20 million people, São Paulo is the fifth largest urban agglomeration in the world. The rapid rural-to-urban migration following the industrialization that took place during the mid-20th century has led to an immense urban population increase. Today, 75 percent of the Latin American population live in urban areas. The city’s infrastructure cannot satisfy the needs of that rapidly growing population. more[...]
As global institutions and official development assistance agencies reflect on what should follow the Millennium Development Goals (MDGs), this is an opportunity to recognise their critical flaw — global leaders have endorsed partial MDG targets. more[...]
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