East Asia’s renaissance has continued. East Asian countries have progressed from low-income to middle-income status in the past half century. The scale of this success has been called the ‘East Asian Miracle’ because of the sheer pace of transformation. Yet, East Asia’s resurgence remains incomplete. Despite its success, developing East Asia’s continued resurgence will depend on its ability to navigate the currents of a changing region, and most importantly, a changing world. This event looks at the challenges and new opportunities that can help countries in this region make the transition successfully from middle- to high-income status.
Public debt is rising in both emerging markets and low income developing countries to levels not seen since the early 1980s. Forty percent of low income developing countries are now either in debt distress or at high risk of default. At the same time, corporate debt in emerging markets is also exceeding historical levels. This situation calls for new efforts within developing countries and the international community to contain vulnerabilities rising from these increasing levels of debt.
Taking on debt is one of the ways in which countries can finance much needed investments in infrastructure, human capital, or public works. Good debt management is critical for these investments to be successful. At the event Debt: Challenges Ahead, panelists will discuss the complexities of global public debt, assess how debt is being managed in developing countries, and offer ideas as to how countries can cope with changes in the global economy. Join live to pose your questions as they discuss at ...
Enhancing the taxation system in a fair, transparent, and efficient way in the new digital world is essential for countries looking to invest in their human capital, said Karishma Vaswani, Correspondent for BBC Asia Business and moderator of the dynamic event ‘Fair and Transparent Taxation in the Digital Age’ in Bali, Indonesia. Leaders from government, private sector, civil society, and academia gathered to explore the implications of technology on countries’ efforts to mobilize domestic resources to fund the Sustainable Development Goals.
Suahasil Nazara, Head of the Fiscal Policy Agency, Ministry of Finance in Indonesia, said he can’t imagine tax collection without using technology and that his country is working to leverage digital technology for fair and transparent taxation.
Any effective taxation requires public trust. Governments have to be more transparent and accountable, emphasized Natalia Soebagjo, (International Board Member of Transparency International and board member of the Centre for Strategic and International Studies in Jakarta). Governments should also ensure fair ...
The World Bank and Global Financing Facility (GFF) co-hosted a special event featuring youth, global development leaders, and representatives from GFF countries for a discussion on how investments in the health and nutrition of women, children and adolescents can save lives today and build human capital for the future.
World Bank CEO Kristalina Georgieva kicked off the event by highlighting the urgency of investing in the health and nutrition of women and children, and how the GFF works to save lives. Norway’s Minister of International Development, Nikolai Astrup, made the case for further investment in the GFF.
Taking place on the International Day of the Girl, the event included a conversation between Melinda Gates, co-chair of the Bill and Melinda Gates Foundation, and Nur Wulan Nugrahani, a peer educator and youth advocate in Indonesia, highlighting the importance of sexual and reproductive health and rights in empowering young people.
Following the conversation, Joanne Carter, executive director of RESULTS, moderated a ...
Join International Monetary Fund Managing Director, Christine Lagarde, and World Bank Group President, Jim Yong Kim, as they engage with representatives from Global Civil Society Organizations in an interactive townhall event. The heads of the two institutions will discuss a wide range of development topics with civil society. Follow the conversation online #AMCSO18.
Finding solutions to some of our biggest problems, especially those of health and education, with the help of innovative finance and technology was the crux of President Jim Yong Kim’s recent talk at Stanford University. His speech, delivered ahead of the World Bank-IMF Annual Meetings, was an important moment to highlight how we can help end poverty by sustainable and equitable economic growth, fostering resilience to climate change and pandemics, and above all investing in people to better prepare ourselves for an uncertain future. The speech was followed by a lively discussion moderated by Dr. Condoleezza Rice, 66th U.S. Secretary of State.
Climate action requires a shared responsibility and cooperation between governments, leaders from the public and private sectors and civil society. In a continued effort to spur global leaders on the next steps necessary to avert climate disruptions, the One Planet event 2018 will take place on the afternoon of the Sep. 26, 2018 in New York City, alongside the 73rd session of the United Nations General Assembly. Follow the live stream, which will feature a major World Bank Group announcement.
Tourism can be a powerful driver of development, but digital platforms are disrupting the tourism sector—impacting the way destinations facilitate tourism, develop product, gather data, access markets, and attract visitors. This disruption has ripple effects across the tourism industry, making it challenging for emerging markets striving to leverage tourism for development. The theme for this year’s 2018 World Tourism Day is tourism and the digital transformation. This event will mark this special day and bring together technology experts, destination managers, business leaders and tourism experts to share the opportunities and challenges that digital platforms present for sustainable tourism development.
This event series explores ideas for regional cooperation in economic connectivity, climate resilience, and human development., Watch previous episodes!, Follow the conversation on Twitter: #OneSouthAsia, Subscribe to the World Bank's South Asia newsletter
Law, Justice and Development Week 2020: Legal Responses to the COVID-19 Pandemic , #, LJDWeek2020, In this virtual edition of Law, Justice and Development Week , join legal and development experts in, four days, of engaging conversations on some of the legal challenges and opportunities in development during COVID-19., Full program of events:, https://www.worldbank.org/ljdweek2020 , | Contact us:, [email protected] , Learn more: , Law, Justice and Development Weeks