While there is a role for international financial institutions and the private sector in the fight for clean water, there is no justification for international agencies and corporations to continue promoting water privatization.
We all know that life does not always turn out like you think it will. The concept of reducing the risk of an investment by making an offsetting investment is well understood. But what if your whole way of life was intensely vulnerable?
Over the next decade, nearly 1 billion women will enter the global workforce. This could be great for the world. If these 1 billion women are allowed to apply their ingenuity and skills and talent to their fullest extent, they will make everybody's lives better.
It is that time of year again when analysts are asked to put on their thinking cap and try to predict what the coming 12 months may hold for some the more troubled regions of the world. This is by no means a simple exercise.
Over the last 20 years, the World Bank Group has helped countries lift 663 million people out of poverty. In the next 20, we believe it is possible to end extreme poverty. This goal is within our grasp. But if we don't confront climate change, we won't end poverty.
For many years, countries in sub-Saharan Africa have spent large amounts on subsidizing fuel and electricity. For both sources of energy combined, this averages around 3-4 percent of GDP. Is this a good use of scarce resources?
For well over a century, South Africa miners, their families, and communities have been decimated by tuberculosis. But, the current momentum in the region suggests that we may have had good reason to be hopeful.
If we consider what has happened in countries such as Mali and Sudan, and what is now happening in the CAR, it appears that radical political change in the failed or failing states of SSA is the new normal.