This session will bring together International Finance Corporation (IFC) CEO Philippe Le Houerou with senior country representatives and CEOs to explore the role that the private sector plays in development and stability of fragile and conflict-affected countries, and instruments that development organizations can use to help de-risk and catalyze greater private investment flows to these markets.
This session is aimed at highlighting knowledge and experiences to underscore the need for renewing the approach to recovery and reconstruction in conflict-affected countries, harnessing the partnership taking place between WB, EU, UN that treats crisis response as a continuous process toward peacebuilding, a process that goes beyond rebuilding physical infrastructure to address underlying drivers of conflict, that helps rebuild and strengthen policies and institutions, and that encourages broader partnerships to achieve sustainable peace. In this light, reconstruction efforts would need to be programmed to serve as mechanisms for restoring/recreating trust between citizens and the State, through fostering empowerment and inclusion of citizens in decision making, and through implementation and monitoring of the reconstruction program at national and local levels. A critical element of the program will be to ensure strong foundations for economic prosperity and job creation. The goal would also be to strengthen international partners and national stakeholders to coalesce around a common agenda in support of ...
The spread of a radical ideology and organized crime in the Sahel has been linked to the lack of administrative presence, provision of social services, economic growth and protection for the communities concerned, particularly in remote locations. Recent developments have been met with military, and humanitarian operations responding to the urgent needs of imperiled, vulnerable populations. Whilst strategic frameworks recognize the nexus between security and development, the operational reality of promoting medium- to long-term development initiatives in environments where security conditions are lacking is complicated.
Following the adoption of the New York Declaration on Refugees and Migrants and commitments made at the Leaders’ Summit in September 2016, many refugee hosting countries are changing the way protracted crises are managed, pursuing policy reforms and social and economic interventions that can benefit both refugees and host communities. As the Global Compact on Refugees takes shape for discussion at UNGA2018, this event highlights perspectives from a diverse group of host countries to learn about what works, and where we need to do better – and how the international community can support efforts to better manage refugee situations.
This high-level event will open the 2018 Fragility Forum with a strategic discussion on “Managing Risks for Peace and Stability.” Comprised of senior officials from governments and multilateral institutions, the panel will offer unique perspectives on how the international community can partner most effectively to confront fragility, with a specific focus on the role of prevention in mitigating key risks such as violent conflict, violent extremism, and human-driven crises. The session will introduce some of the central themes to be explored in greater detail at the Forum, including how to leverage humanitarian, security and development actors to address shared challenges like forced displacement; drawing on innovative financing tools and private investment to help governments enhance economic opportunities in fragile settings; and placing gender at the heart of global efforts to foster more inclusive, stable, and peaceful societies. Finally, with an increasing share of the world’s poor living in settings affected by fragility, conflict, and violence in both low- and middle-income ...
Join Rotary International, Oppenheimer, and The World Bank as we celebrate International Women’s Day. Hosted and sponsored by the World Bank Group Staff Association, the session will illustrate the power of women to change the world and improve the lives of the less fortunate through innovative and impactful projects in the areas of education and health.
Please join President of the World Bank Group Jim Yong Kim and Princeton University Economist Alan Blinder for a conversation on how to promote sustainable, inclusive economic growth, including the Bank Group’s newest initiative, the Human Capital Project, and how investing in people is imperative to maintaining stability and building equality of opportunity.
World Bank Group President Dr. Jim Yong Kim will join CGD President Masood Ahmed to discuss the future of multilateralism, the Bank’s efforts to maximize resources for development, and the critical importance of investing in people to meet tomorrow’s challenges.
What is the best way to assess a nation’s prosperity over time? The most commonly used measure is Gross Domestic Product (GDP), but many experts say this indicator is too limited and point to a more comprehensive approach that includes “wealth accounting.” This involves adding up assets such as infrastructure, forests, minerals, and human capital—much like a company evaluates both its income statement (flows) and balance sheet (stocks) to determine performance. The World Bank, a leader in this field, is publishing a new book, The Changing Wealth of Nations 2018, which tracks the wealth of 141 countries. On February 5, the Global Economy and Development program at Brookings and the World Bank will co-host a panel of experts in this area, including Kristalina Georgieva, Chief Executive Officer of the World Bank. David Pilling, Financial Times Africa editor and author of a new book, The Growth Delusion: Wealth, Poverty and The Well-being of Nations, will moderate. Prior to the panel, World Bank ...
Join with government officials, policymakers, civil society representatives, and others for a discussion on the latest findings from the Open Budget Survey 2017 on the state of government budget transparency and accountability in 115 countries around the world. Which countries have made progress and which have regressed? What drives improvements and regressions in budget transparency, participation, and accountability? What can reformers both in and outside government do to encourage and sustain more open and accountable budgets? In the current context of growing distrust in democratic institutions, shrinking civic space, and retreating democratic engagement, we will examine how improving countries’ public finance systems and practices can be an important step in bridging the gap between citizens and their governments.
