How to Reduce Poverty: A New Lesson from Brazil for the World? - World Bank
This is precisely the focus of the government’s ambitious anti-poverty program, Brasil Sem Miseria, which promises to help millions of Brazilians escape extreme poverty. Beyond the debate, the success of this initiative, which was launched in Brazil in 2003, has made the country an “exporter of social policymaking,” according to observers.
New Data: Private Sector Investment in Developing-Country ...
Brazil led the recovery in the region. Private investment commitments decreased in Sub-Saharan Africa by 17%, in South Asia by 16% and by 90% in Middle East and North Africa. The transport sector received $43.8 billion in investments across 82 projects, accounting for 58% of global PPI investments.
Jobs for Votes: RDD Evidence on Patronage in Brazilian Public Sector ...
Importantly, since the Brazilian public sector is considered one of the most meritocratic in Latin America (Grindle 2010), we are probably providing a lower bound estimate of this phenomenon in the bureaucracies of modern developing countries. Of course, granting some hiring discretion to politicians can be beneficial, for instance by improving ...
World Bank Global Economic Prospects
WASHINGTON, June 8, 2021 — The global economy is expected to expand 5.6% in 2021, the fastest post-recession pace in 80 years, largely on strong rebounds from a few major economies. However, many emerging market and developing economies continue to struggle with the COVID-19 pandemic and its aftermath, the World Bank says in its June 2021 ...
Agricultural Innovation & Technology Hold Key to Poverty Reduction in ...
The private sector, in turn, can stimulate more rapid access to new technologies for farmers. In developed countries, private companies contribute about half the total R&D spending targeting the needs of farmers, and as much as one-quarter in large emerging economies, such as China, India, and Brazil.
India's Power Sector - World Bank
Government Priorities. India's current grid-connected generation capacity is about 177,000 MW (65% coal; 22% hydro; 13% other). Under the 11th 5-Year Plan (2007-2012), the government of India expects to provide all its people with access to electricity by 2012. While the government of India is working to strengthen the public sector's capacity ...
Lao PDR Economic Update, April 2022: Restoring Macroeconomic Stability ...
Policy options are available to mitigate these threats. · COVID-19 and the associated containment measures have heightened macroeconomic vulnerabilities and slowed economic recovery. Inflation increased from under 2% in February 2021 (year-on-year) to 9.9% in April 2022 and threatens living standards, especially in low-income urban households.
Commodity Markets Outlook April 2022 - World Bank
The war in Ukraine has dealt a major setback to commodity markets, altering global patterns of trade, production, and consumption in ways that will keep prices unusually high through the end of 2024, according to the latest Commodity Markets Outlook. The report’s Special Focus section analyzes the impact of war on commodity markets and how commodity markets responded to similar shocks in the ...
5 Key Issues in Agriculture in 2021 - World Bank
5 Key Issues in Agriculture in 2021. As 2021 ends, we take a retrospective look at five topics that were covered in our analytical work this year. These issues represent just a fragment of the Bank's work, but they are key to reducing poverty and hunger while slowing climate change.
Remittances Grow 5% in 2022, Despite Global Headwinds
WASHINGTON, Nov 30, 2022 — Remittances to low- and middle-income countries (LMICs) withstood global headwinds in 2022, growing an estimated 5% to $626 billion. This is sharply lower than the 10.2% increase in 2021, according to the latest World Bank Migration and Development Brief. Remittances are a vital source of household income for LMICs.