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Empowering women is the right thing to do — it is a question of human rights. But it is also the smart thing to do.
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The end of easy money could be challenging time as rates rise
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Over 2 billion people, and a growing share of the world's poor, live in the 35 countries considered fragile or conflict states in 2016. And whether we are talking about pandemics, war, or prolonged occupation, these conditions devastate health systems and have lasting impacts on the physical and mental health of affected populations.
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Occupation can take many forms. It does not necessarily imply a military presence or military domination. For example, in India right now, there is a drive to get genetically modified (GM) mustard sanctioned for commercial cultivation; this would be the first GM food crop to be grown in the country.
These enterprising, entrepreneurial and gutsy women play a major role in supporting families in Pakistan, yet officially, they are invisible. A large number of these women are often poor and engaged in either home-based economic activity or agricultural work leading to a lack of documentation.
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The money is meant to help the Iraqi government with economic reforms.
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The case before the Supreme Court hinged on whether the World Bank and its officials should need to cooperate in a case involving Canadians accused by World Bank whistleblowers of conspiring to corruptly win a World Bank contract for a Bangladesh bridge-construction project.
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Continuing legal differences between the entitlements of men and women in economies across the globe has a negative impact on female work force participation. Some say that women should suck it up, and do a different job. Why? If men are entitled to pursue any career they like, why shouldn't women have the same opportunities?
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For the 10th year in a row, Singapore has been named the best country in which to do business by the World Bank. The bank’s latest Doing Business report places the Asian city-state ahead of New Zealan...
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Pakistan is a diverse country and females account for a large portion of the population. Recently, it has becoming increasingly difficult to discuss the challenges that Pakistani women face. There is a dire need to promote the education of females by launching awareness campaigns at the national level, because in order to educate a nation, you need to educate its women.
"Suitably shocking" statistics.
The climate is changing. For some of us this means less quality food, less choice and higher prices. As today's World Bank report notes, for millions, it means being pushed into poverty. And for millions of women already living in poverty, it means more hunger.
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With recurring outbreak of conflict or violence in the Middle East and North Africa (MENA) region, focusing on implementing essential services may seem like a secondary concern. Conversely, the low-quality services may be the root of the problem. Poor state performance is exacerbating tensions in society, deepening mistrust and discouraging citizens from engaging with the state. Public institutions that deliver essential social services are not responsive to citizens' needs, leaving citizens to abandon the system and seek alternative means.
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The World Bank's ambitious goal to end poverty by 2030 requires large transformations in the global political economy so everyone has a chance for a better life. According to World Bank President, Jim Kim, defeating poverty requires a surmounting push from $131 billion dedicated to development, to a trillion dollars.
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Perhaps you've heard of the notion of a global carbon quota. I first learned of it a few years ago, and got a refresher on the subject last month. It jolted me then, but even more so this time. Here's an overview, with some basic math.
Then there is the matter of political competition for higher office. There is no such a thing in Rwanda. Members of genuine opposition are either in prison, exile or mysteriously die in and outside Rwanda. Leader of the Unified Democratic Forces party, Victoire Ingabire, who was barred from running for presidency in 2010 is in prison.
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In Canada, mental illness carries a cost to the economy of over $50 billion annually. The number of people missing work due to a mental illness is 500,000 on any given day. When people with mental illness work in supportive environments their quality of life improves.
The BRICS countries have recently started a new bank called the New Development Bank. Starting with an initial capital base of US $50 billion that is predicted to increase to US $100 billion, the bank's responsibility will be to finance infrastructure needs in the BRICS countries as well as other developing countries.
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Those who don't outright deny the existence of human-caused global warming often argue we can't or shouldn't do anything about it because it would be too costly. Take Prime Minister Stephen Harper, who recently said, "No matter what they say, no country is going to take actions that are going to deliberately destroy jobs and growth in their country." But in failing to act on global warming, many leaders are putting jobs and economic prosperity at risk, according to recent studies.
The United States has had the world’s largest economy for more than 140 years, but according to new numbers from a World Bank project, that run will likely come to an end this year. The World Bank’s I...
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The World Bank wants to add tens of billions of dollars to its annual budget in an effort to eliminate "extreme" poverty by 2030. But decades of mismanagement in which it financed white elephant proje...
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The years since the Arusha Accords ended the slaughter have been trying, as Rwanda made a difficult transition to democracy. Paul Kagame was elected president in the country's first-ever democratically contested multi-party elections in August 2003. Kagame was re-elected in a landslide in 2010. He is such an effective leader because he hasn't lost touch with his people.
WASHINGTON - The global economy is slowly picking up steam, led by advanced economies appearing to turn the corner after five years of financial crises and recession and a continued good performance b...
Post-crisis regulatory reform efforts show that developing countries are rule takers and G7 countries are the rule makers. All this in spite of the fact that the epicentre of the international financial crisis occurred in developed countries. So why should many of the regulators and supervisors in developed countries claim to know best practices for developing countries?
When we talk about natural resources that can drive economic benefit the conversation usually turns to gas and minerals, or sun and wind. What if I were to tell you that the world's most underutilized and highest potential resource is all around us? She may be standing next to you, she may be in a village far away, she may even be you.
At the IMF-World Bank meetings this past week, there were plenty of assessments of the state of the global economy that described the post-2008 recovery as anemic. Only a few went so far as to claim that the global economy is comatose. Yet, despite general agreement on the diagnosis, there was little consensus on how to solve the problem.
At the IMF and World Bank Group annual meetings in Tokyo, the European economic crisis was never off the agenda and often took centre stage in panel discussions. In the streets of Athens, Madrid, and in cities of other fiscal adjusting European states, there is a real belief that this new economic reality will result in a lost generation.
TOKYO - China's central bank governor and finance minister won't be attending IMF and World Bank annual meetings in Tokyo this week in an apparent snub to Japan that comes as the two Asian giants rema...
Should the West continue to ignore the overall needs of Africa's continental economy, then it shouldn't be surprised when it finally decides on long-term investments for natural resources that China has already set up shop and captured most of the contracts.
World markets have entered a "new danger zone", the president of the World Bank has warned. Robert Zoellick said investors had lost confidence in the economic leadership of several key countrie
The celebrities' call to action on the famine in Somalia is welcome, but the bottom line is that these countries need sustained economic growth. Such strategies are not without risks, however. Businesses must not be permitted to abuse human rights. Foreign investment must not undermine sovereignty.
Prime Minister Harper's new government has indicated that Canada would not increase its bilateral assistance to the current governments in Egypt and Tunisia. Detractors might see a shift to more multilateralism as a pretext for a government keen to reduce spending.