Job creation is one of South Africa’s fundamental goals, with the country’s National Development Plan targeting the creation of 11 million jobs to reduce the high unemployment rate to 6% by 2030, and to significantly reduce poverty and inequality. However the pace of job creation in the past decade has been too slow with about 310,000 jobs having been created on average every year. Reorienting...
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South Africa Economic Update: Well-targeted Private Investment Could Create Additional Jobs
World Bank Publications
01/18/2017 at 17:10. Facebook
Through decades managing large-scale natural hazards, Japan has developed and refined its disaster risk management (DRM) approach many times over. The country continuously assesses and tests the capacity of its infrastructure, systems, and communities to maximize preparedness and respond effectively.

Report Launch – “Learning from Disaster Simulation Drills in Japan”
World Bank Publications
01/17/2017 at 17:57. Facebook
For the past decade, year after year, annual temperature records have been broken with disturbing regularity. As the Paris Agreement has entered into force, we must now double down on the urgency not just to reduce the amount of carbon released into the atmosphere, but also to help countries adapt to what can only be referred to as an epochal issue. Find out how private sector partners play...
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Private Sector Investment in Climate Adaptation in Developing Countries
World Bank Publications
01/16/2017 at 15:57. Facebook
Low commodity prices and weak global trade continue to create challenging conditions for commodity-exporting, emerging markets and developing economies. According to the Global Economic Prospects, in 2016 commodity exporters in these economies grew more slowly than commodity importers did.

Chart: Slower Growth for Commodity Exporters
World Bank Publications
01/15/2017 at 15:00. Facebook
From banana chips to computer chips, the way the global economy produces and exchanges goods has never been more dynamic or more interconnected. Increasingly complex global value chains (GVCs) are a dominant economic reality
in the twenty-first century. They present critical new challenges to the ways of evaluating and improving a country’s trade and competitiveness.
This book presents a...
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Making Global Value Chains Work for Development
World Bank Publications
01/14/2017 at 15:00. Facebook
2016 has become the year for water. From the World Economic Forum, COP22, to the Budapest Water Summit, water has been widely acknowledged as a key to achieving the Sustainable Development Goals, and essential to the climate change solution.
Check out the defining moments of 2016 that put water security and sustainability on the global agenda like never before.

12 moments for water in 2016
World Bank Publications
01/13/2017 at 20:25. Facebook
Girls are closing the primary education gap in 77 poorest countries. #IDAWorks

Chart: Girls Closing The Education Gap in IDA Countries
Governments often face corporations using sophisticated strategies to pay fewer taxes. The World Bank is helping countries tax smarter. Introducing a new handbook for policy makers and practitioners. [ Link ]

A little handbook that could help bring big results – in revenues and investor certainty
The January 2017 Global Economic Prospects forecasts a subdued recovery in 2017 after the weakest year since the financial crisis. A significant concern clouding the outlook is that weak investment—whether building transport infrastructure, improving education systems, or strengthening health care facilities—will be a drag on the medium-term growth prospects in many emerging markets and...
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Global economic growth is forecast to accelerate moderately to 2.7 percent in 2017 after a post-crisis low last year, as obstacles to activity recede among emerging market and developing economy commodity exporters. Find out more in the new January 2017 Global Economic Prospects report.

Global Growth Edges Up to 2.7 Percent Despite Weak Investment
Looking for data on trade, investment, tourism, innovation, or business? Try #TCdata360, The World Bank Group’s newest open data portal.

TCdata360 - Open Trade and Competitiveness Data
How has the world worked over the past year to end poverty and build inclusive, resilient and sustainable communities for all? View a timeline.

A year of building sustainable communities in 12 stories
We must address all fronts of the wildlife crisis: reduce poaching, strengthen enforcement and change behaviors.

Reducing demand must be a core component of combatting wildlife crime
Will a young life carry a story of accomplishment or poverty? Investing in the early years is one of the smartest things a country can do to eliminate extreme poverty, boost shared prosperity, and create the human capital needed for economies to diversify and grow. Newborn children will be youngsters within years. They need a perspective, education, self-esteem, jobs, agency, in order to be...
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The power of art: A call to action on the Early Years
Bangladesh’s export performance has been impressive: its world market share doubled between 1995 and 2012. Yet, in order to continue its upward trajectory toward #ProsperBangladesh, the country needs to facilitate trade with its South Asian neighbors and improve its transport and logistics, World Bank Lead Economist Sanjay Kathuria argues: [ Link ]
Recurrent disasters act as a “leaking bucket” for many Small Island Developing States (SIDS), affecting development growth in significant and often cumulative ways. Given the increasing impacts of climate change, building resilience in SIDS is essential to achieve sustainable development.

South Asia is increasingly building its capacity to become a globally competitive leader in the automotive manufacturing sector. With gains in productivity, innovation, research and development, the region can take advantage of the auto sector’s potential to drive substantial economic progress. A new World Bank study examines a range of factors affecting South Asia’s competitiveness in the...
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According to the United Nations Office on Drugs and Crime’s (UNODC) World Wildlife Crime Report, more ivory has been seized worldwide in recent years than cocaine – as evident by a surge in elephant poaching that began approximately a decade ago and contributes to the slaughter of tens of thousands of elephants per year. Reducing demand for wildlife and wildlife products must be a core...
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Reducing demand must be a core component of combatting wildlife crime
More than 250M children of school age can't read. Measuring literary at an early age matters.

READ this: Why we must measure literacy at an early age
Happy New Year! We're looking forward to another year of sharing knowledge and engaging with all our followers! Wishing you all the very best for 2017!