This document discusses sustainable development in the Arab world and progress on the UN Sustainable Development Goals (SDGs). It notes that while Arab countries made insufficient or moderate progress on many Millennium Development Goals (MDGs), they show opportunities for improvement on select SDGs like access to water, sanitation, and electricity. Achieving the holistic vision of the SDGs will require investing in human capital, resilience, infrastructure, and data systems while leveraging finance from public and private sources. Strong national implementation and localization efforts are also important for sustainable development.
Ipsos / World Economic Forum Global Citizens & Data PrivacyIpsos UK
Findings from a new Ipsos and World Economic Forum project suggest world citizens are in the dark about how their personal information is used – most of all those from economically advanced countries including Great Britain.
MGI: From poverty to empowerment: India’s imperative for jobs, growth, and ef...McKinsey & Company
Some 680 million people, or 56% of India, live below MGI’s Empowerment Line and lack acceptable minimum standards of living; the Empowerment Gap is 4% of GDP in value terms (about 7 times the official poverty gap)
From 2005 to 2012, 75% of the improvement in living standards was due to rising incomes, the rest due to government spending; to reduce the gap faster, India needs more productive jobs and higher effectiveness of government spending (e.g., 85 million people below the official poverty line could have been lifted to minimum living standards just by improving delivery of public services)
Almost 40% of the Empowerment Gap comes from health care, drinking water and sanitation; in addition, hunger is a major issue for the poorest segments, and housing for the urban vulnerable
Apart from lacking the means, Indians also lack access to 46% of the basic services they need, with significant variations in the pattern of access deprivation across districts
A path of Stalled Reforms would leave 36% of India below the Empowerment Line and 12% below the Poverty Line in 2022, but the path of Inclusive Reforms can bring these down to 7% and 1% respectively – while achieving fiscal consolidation and reducing access deficit in basic services to 17%, from 46% currently. Raising government spending on subsidies alone delivers just 8% of the total impact. 4 themes are critical
Non-farm jobs deliver >50% of impact; 115 million jobs are needed (38 million more than Stalled Reforms) through 6 broad-ranging reforms and investments in 70-100 job creation engines
Agricultural yield growth delivers ~20% of impact, needing 9 farm sector initiatives and investment rebalancing towards rural infrastructure, research and extension
Public spending on basic services should grow at 7% p.a. in real terms and share of health, water and sanitation to rise from 20% to nearly 50%
Government spending effectiveness must improve from 50% to 75%, by working with private and social sector, community involvement and tight monitoring using technology
Six themes are essential to improve governance across the board (raise institutional capacity and strengthen external accountability)
The main purpose of this paper is to provide informative data based on 8 global indexes and measures from different sources, focusing mainly on the United Arab Emirates ranking in the world. In addition to that, the paper will provide additional data on the GCC countries ranking on some of the indexes and measures where data is available. The measures provide a high level understanding on the progress and result of the nation on achieving its vision and where are the areas of improvement if analyzed deeply. Although it might seem that the measures are tech heavy, there are indexes such as Social Progress & Global Competitiveness that considers many dimensions such as health, job opportunities, human rights, education, and etc..
The most promising trends in 2014 are Big Data analytics, Internet of Things and Cloud Computing.
Despite recent acquisitions of Israeli startups by multinational companies, most Venture Capitalists (63%) believe the number of exits in the Israeli high-tech sector will remain the same in the next six months
The credit insurance market in China report by daxue consulting asian risksDaxue Consulting
Credit insurance in China is underdeveloped because of its special business model in terms of marketing and operation.
In this comprehensive report offered by daxue consulting, we learn 1) China's trade partners and value of imports and exports. 2) How credit insurance in China works and why companies need it. 3) Players in China's credit insurance market. 4) Challenges in the credit insurance market.
Driving growth and differential performance among Class I railroadsDeloitte United States
Building a precision-scheduled railroad generated substantial benefit for Class I railroads and their shareholders when compared to their prior performance. However, with nearly all railroads pursuing the same strategy, we see differential performance among the Class I railroads driven primarily by changes in industrial production rather than strategic choices by management and Boards of Directors. Breaking away from the narrow range of industry peer performance will likely require more deliberate choices about the scope of operations and services that offer good prospects for returns on capital. Railroad executives should shift attention from operations to the configuration of commercial functions to help realize distinct competitive advantages and improved shareholder returns.
Asset managers and distributors are invited to learn the importance of developing targeted and successful strategies that increase their reach and impact among financial advisors. Join Cogent for up-to-the-minute thought leadership on advisor preferences and insightful guidance on how to strengthen partnerships.
Ipsos / World Economic Forum Global Citizens & Data PrivacyIpsos UK
Findings from a new Ipsos and World Economic Forum project suggest world citizens are in the dark about how their personal information is used – most of all those from economically advanced countries including Great Britain.
MGI: From poverty to empowerment: India’s imperative for jobs, growth, and ef...McKinsey & Company
Some 680 million people, or 56% of India, live below MGI’s Empowerment Line and lack acceptable minimum standards of living; the Empowerment Gap is 4% of GDP in value terms (about 7 times the official poverty gap)
From 2005 to 2012, 75% of the improvement in living standards was due to rising incomes, the rest due to government spending; to reduce the gap faster, India needs more productive jobs and higher effectiveness of government spending (e.g., 85 million people below the official poverty line could have been lifted to minimum living standards just by improving delivery of public services)
Almost 40% of the Empowerment Gap comes from health care, drinking water and sanitation; in addition, hunger is a major issue for the poorest segments, and housing for the urban vulnerable
Apart from lacking the means, Indians also lack access to 46% of the basic services they need, with significant variations in the pattern of access deprivation across districts
A path of Stalled Reforms would leave 36% of India below the Empowerment Line and 12% below the Poverty Line in 2022, but the path of Inclusive Reforms can bring these down to 7% and 1% respectively – while achieving fiscal consolidation and reducing access deficit in basic services to 17%, from 46% currently. Raising government spending on subsidies alone delivers just 8% of the total impact. 4 themes are critical
Non-farm jobs deliver >50% of impact; 115 million jobs are needed (38 million more than Stalled Reforms) through 6 broad-ranging reforms and investments in 70-100 job creation engines
Agricultural yield growth delivers ~20% of impact, needing 9 farm sector initiatives and investment rebalancing towards rural infrastructure, research and extension
Public spending on basic services should grow at 7% p.a. in real terms and share of health, water and sanitation to rise from 20% to nearly 50%
Government spending effectiveness must improve from 50% to 75%, by working with private and social sector, community involvement and tight monitoring using technology
Six themes are essential to improve governance across the board (raise institutional capacity and strengthen external accountability)
The main purpose of this paper is to provide informative data based on 8 global indexes and measures from different sources, focusing mainly on the United Arab Emirates ranking in the world. In addition to that, the paper will provide additional data on the GCC countries ranking on some of the indexes and measures where data is available. The measures provide a high level understanding on the progress and result of the nation on achieving its vision and where are the areas of improvement if analyzed deeply. Although it might seem that the measures are tech heavy, there are indexes such as Social Progress & Global Competitiveness that considers many dimensions such as health, job opportunities, human rights, education, and etc..
The most promising trends in 2014 are Big Data analytics, Internet of Things and Cloud Computing.
Despite recent acquisitions of Israeli startups by multinational companies, most Venture Capitalists (63%) believe the number of exits in the Israeli high-tech sector will remain the same in the next six months
The credit insurance market in China report by daxue consulting asian risksDaxue Consulting
Credit insurance in China is underdeveloped because of its special business model in terms of marketing and operation.
In this comprehensive report offered by daxue consulting, we learn 1) China's trade partners and value of imports and exports. 2) How credit insurance in China works and why companies need it. 3) Players in China's credit insurance market. 4) Challenges in the credit insurance market.
Driving growth and differential performance among Class I railroadsDeloitte United States
Building a precision-scheduled railroad generated substantial benefit for Class I railroads and their shareholders when compared to their prior performance. However, with nearly all railroads pursuing the same strategy, we see differential performance among the Class I railroads driven primarily by changes in industrial production rather than strategic choices by management and Boards of Directors. Breaking away from the narrow range of industry peer performance will likely require more deliberate choices about the scope of operations and services that offer good prospects for returns on capital. Railroad executives should shift attention from operations to the configuration of commercial functions to help realize distinct competitive advantages and improved shareholder returns.
Asset managers and distributors are invited to learn the importance of developing targeted and successful strategies that increase their reach and impact among financial advisors. Join Cogent for up-to-the-minute thought leadership on advisor preferences and insightful guidance on how to strengthen partnerships.
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
4. Global development agendas serve as a guide for countries to determine their national development path
MDGs (2000-2015) SDGs (2016-2030)
Goals/ Targets/Indicators 8/21/60 17/169/~230
Priority Areas Human Development Holistic: Economic, Social, Environmental
Scope Developing Countries Universal
4
The SDGs present a major opportunity for transformation
5. 5
12%
81%
87% 89%
11%
68%
88% 87%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Prevalence of undernourishment
(% of population)
People using at least basic
sanitation services (% of
population)
People using at least basic drinking
water services (% of population)
Access to electricity (% of
population)
SDG 2 SDG 6 SDG 7
Progress on select SDGs, Arab world and the World
Arab World World
How are Arab countries progressing on the SDGs?
6. Adapted from: WDR 2019 Changing Nature of Work, World Bank, 2018
Invest in resilience
(incl. social
protection)
Invest in
infrastructure
Invest in human
capital
Enablers
Achieving the SDGs
Finance Data Implementation
6
Leveraging the potential of disruptive changes requires a
comprehensive policy framework
7. Invest in human capital
The Human Capital Project
Three main objectives:
1. Build demand for more and better investments in people
2. Help countries strengthen their human capital strategies and investments for rapid
improvements in outcomes
3. Improve how we measure human capital
Three main indicators, reflecting building blocks of human capital:
1. Survival – Will kids born today survive to school age?
2. School – How much school will they complete and how much will they learn?
3. Health – Will kids leave school in good health and be ready for further learning and/or work?
"Human capital" – the potential of individuals – is going to be the most
important long-term investment any country can make for its people’s future,
prosperity and quality of life
7
8. Invest in human capital
8
Rank Economy Lower
Bound
Value Upper
bound
47 Bahrain 0.65 0.67 0.68
49 United Arab
Emirates
0.64 0.66 0.67
54 Oman 0.61 0.62 0.63
60 Qatar 0.60 0.61 0.63
73 Saudi Arabia 0.57 0.58 0.60
77 Kuwait 0.56 0.58 0.59
79 Jordan 0.54 0.56 0.58
82 West Bank & Gaza 0.54 0.55 0.56
86 Lebanon 0.52 0.54 0.55
93 Algeria 0.51 0.52 0.53
96 Tunisia 0.50 0.51 0.52
98 Morocco 0.49 0.50 0.51
104 Egypt 0.47 0.49 0.50
129 Iraq 0.38 0.40 0.41
139 Sudan 0.37 0.38 0.39
145 Yemen 0.35 0.37 0.38
9. 9
• Broadly defined as the ability to manage
the wide range of shocks and stresses
which may occur. These are categorized as
natural; technological; or socioeconomic
• Examples of investments include:
o Expansion of social protection coverage
while giving priority to the poorest people
o Strengthening of all aspects of climate
and disaster resilient development,
including coordinating institutions, risk
identification and reduction,
preparedness, financial and social
protection, and resilient reconstruction
Invest in resilience
Source: WDR 2019 ; Building Resilience Report; and Investing in urban Resilience Report
10. Invest in infrastructure
10
Source: Global Infrastructure Hub, 2018
1E+11
1.5E+11
2E+11
2.5E+11
3E+11
3.5E+11
4E+11
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
Infrastructure Outlook: Africa
Current trends Investment need
Investment need inc. SDGs
1.3E+12
1.5E+12
1.7E+12
1.9E+12
2.1E+12
2.3E+12
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
Infrastructure Outlook: Asia
Current trends Investment need
Investment need inc. SDGs
11. Invest in digital infrastructure
11
In low income countries, only 12 percent of people use the internet, but usage is growing.
Source: SDG Atlas 2018
1. High prices, low speed: limited
access to broadband internet
2. Good backbone networks, lack of
investment in local access;
monopolies in international access
3. Affordability constraints deepen the
digital divide across regions and
people
4. Highly concentrated markets
5. Challenges with storage capacity
6. Lack of competition in international
and data communications
7. Outdated business model
8. Lack of investment in broadband
Features of digital
infrastructure in MENA
12. 12
The role of the government is to ensure a balance and the
best use of finance for development
13. 0
2E+10
4E+10
6E+10
8E+10
1E+11
1.2E+11
ODA and FDI to the Arab World
Foreign direct investment, net inflows (BoP, current US$)
Net official development assistance and official aid
received (current US$)
0
1
2
3
4
5
6
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
Foreign Direct Investment
(net inflows as % of GDP)
Arab World World Developing Countries
Finance will need to come from multiple sources
14. Financing sustainable development
Source: World Bank, 2018
When a project is presented, you should ask:
“Is there a sustainable private sector solution that limits public debt and contingent liabilities?” If
the answer is...
Promote such private sector solutions
•The World Bank could play an important role in supporting the government to advance
appropriate private sector solutions. i.e. though analytical support, technical assistance for
relevant reforms and capacity building, project identification and preparation support, project
structuring, and support to the government in negotiations with the private sector
Ask whether its because of:
• Policy or regulatory gaps or weaknesses? If so, provide WBG support for policy and
regulatory reforms.
• Risks? If so, assess the risks and see whether WBG instruments can address them.
YES
NO
16. 16
The SDGs are interlinked
Data is critical to understanding those relationships
Japan’s goals interlinked to SDG 1
17. Data availability is a universal
challenge
0
5
10
15
20
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17
Seventy-eight of 169 SDG targets describe
potentially assessable outcomes for Canada
Quantified SDG target Canadian national target
Proxy target Not able to assess
17
Source: “Counting who gets Left Behind” Brookings report, 2018
18. 18
Good Data Informs Implementation
50
55
60
65
70
75
80
85
90
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
South Asia East Asia & Pacific Latin America & Caribbean Europe & Central Asia Middle East & North Africa
Statistical Capacity Score (scale: 0-100)
19. The role of the government is to implement robust
data systems
Source: Data for Development: An Evaluation of World Bank Support for Data and Statistical Capacity, Independent Evaluation Group, World Bank, 2018
Institutions
Based on
Organizations that
Have
Data that Are Users Who Are Data Uses
• Open data
laws
• Rights to
privacy
• Accountabilit
y to users
• Broad
outreach to
society
• Harmonized
data
conventions
• Budgetary
autonomy
• Trained staff
• Adequate
installations
• Connected
databases
• Early warning
systems
• International
partnerships
• Up to date
• Disaggregated
• Easy to manipulate
and visualize
• Accessible in
remote areas
• Georeferenced
• Contestable
• From integrated
data sets
• Connected
• Data literate
• Diverse (e.g.,
• academics, CSOs,
media, local and
central
governments)
• Planning
• Policy making
• Monitoring
• Targeting
• Research
• Advocacy
• Lobbying
• Citizen
empowerment
20. 103 countries have presented VNRs to date during
the High-Level Political Forum
8 countries presented more than once
21. High-Level Political Forum
UN mechanism for the follow up and review of SDG implementation
1. Sequencing implementation of goals within context of national priorities
2. Working in partnership to determine national development strategy
3. Coordination within governments; across and within ministries
4. Securing enough financial resources and efficiently allocating them
5. Data availability and institutional capacity
6. Localization and implementation of the goals at the local level
7. Incorporating and mainstreaming gender
8. Integrating action on climate change
Countries’ Most Frequently Identified Priority Areas*
* Based on SVPMM analysis
22. The role of the government is to enhance
localization of development
Kenya:
A government funded drought insurance
program brings satellite based insurance to
Kenyan pastoralists and farmers using
mPesa.
Indonesia:
A program is being
implemented to enhance the
capacity of local governments
to improve efficiency and
effectiveness of local public
spending.
Also implemented the PNPM
program: community driven
development
U.K. Midlands
Successful locally owned
businesses help develop local
markets, create innovation,
success and redistribution in a
self-reinforcing cycle
Colombia:
22
23. Source: Municipal Finances Handbook: Managing Local Expenditures, Morrell and Kopanyi
1. Preschool education
2. Primary and secondary school
3. Health care
4. Social assistance and poverty alleviation
5. Public order and civil protection
6. Infrastructure and public services
7. Environment protection
8. Social, cultural, recreational expenditures
9. Local economic development
10.Social housing
11.Urban development
12.Civil security
13.Transfer to sub-local government entities
14.(subsidies, grants, equity, in-kind)
15.Loan repayment
16.Interest charges
17.Guarantees called (paid by the municipality)
Sample municipal budget
1. Property tax (rates) on land and/or buildings
2. Tax on the transfer of immovable property
3. Tax on motor vehicles
4. Local sales tax and/or tax on the sale of local products (or surcharge)
5. Tax on local businesses and services
6. Tax on electricity consumption (surcharge)
7. Tax on nonmotorized vehicles
8. Tax on tourism, hotels, restaurants, and entertainment
9. Tolls on roads, bridges, etc., within the limits of the local government
10.Charges for public works and public utilities such as waste collection, drainage, sewerage,
and water supply
11.Charges for markets and rents for market stalls
12.Charges for the use of bus stations and taxi parks
13.Fees for approval of building plans and erection and re-erection of buildings
14.Fees for fairs, agricultural shows, industrial exhibitions, tournaments, and other public
events
15.Fees for licensing of businesses, professions, and vocations
16.Fees for other licenses or permits and penalties or fines for violations
17.Fees for advertisement
18.Fees on sales of animals in cattle markets
19.Fees for registration and certification of births, marriages, and deaths
20.Fees for education and health facilities established or maintained by the local government
21.Fees for other specific services rendered by the local government
22.Rent from land, buildings, equipment, machinery, and vehicles
23.Surpluses from local commercial enterprises
Expenses Revenues
23
24. The role of the government is to leverage the
impacts of technology
24
•Boundaries of the firm
Changes in industrial relations (capitalism without capital)
Demand for skills
The future of the informal economy
Scenarios of robots replacing workers
Expectations vs. perception vs. reality
25. Digital education creates
classrooms at scale and
connects world-class
teachers to students who
need them most
E-health can serve some of
the neediest patients in the
world’s hardest to reach
places
Digital financial services
provide new opportunities
for SME savings, credit,
and insurance thereby
spurring expansion
Digital payments and
monitoring enable off-grid,
renewable energy sources
to be deployed years in
advance of traditional
approaches
Source: International Finance Corporation
25
STI for SDGs
27. World Bank strategy for MENA
27
Boost Shared ProsperityEnd Extreme Poverty
Build Human Capital
Education, skills, health, social protection,
youth and female inclusion
Digital Transformation
Research and innovation, investment in high
speed networks
Maximize Finance for
Development
Role of state, unleash private sector,
access to finance
Renewing the Social
Contract
Resilience
to Shocks
Regional
Cooperation
Recovery and
Reconstruction
Meeting the Aspirations of MENA’s Youth -
Reinventing the Economic Model
Rapid and Inclusive Job Creation for The Youth
28. 1944
International Bank for
Reconstruction and Development
(IBRD)
1960
International
Development
Association (IDA)
1956
International
Finance
Corporation (IFC)
1988
Multilateral Investment
Guarantee Agency
(MIGA)
1966
International Center for the
Settlement of Investment
Disputes
(ICSID)
The World Bank Group
lends to governments of middle-income and creditworthy low-income countries
provides interest-free loans, or credits, and grants to governments of the poorest countries
provides loans, equity, and advisory services to stimulate private sector investments in developing countries
provides political risk insurance and credit enhancement to investors and lenders to facilitate FDI in emerging
economies
provides international facilities for conciliation and arbitration of investment disputes