Weekly Update: ➡️Four Ways the World Bank Is Advancing Road Safety ➡️How Energy Efforts Are Transforming West Africa #PoweringAfrica ➡️New Tourism Watch Data ➡️Supporting Women Entrepreneurs in Rural Tamil Nadu
The World Bank
International Trade and Development
Washington, DC 2,385,184 followers
About us
The World Bank is a vital source of financial and technical assistance to developing countries around the world. Our vision is to create a world free of poverty on a livable planet. We are not a bank in the common sense; we are made up of two unique development institutions owned by 189 member countries: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). Each institution plays a different but collaborative role in advancing the vision of inclusive and sustainable globalization. The IBRD aims to reduce poverty in middle-income and creditworthy poorer countries, while IDA focuses on the world's poorest countries. Their work is complemented by that of the International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA) and the International Centre for the Settlement of Investment Disputes (ICSID). Together, we provide low-interest loans, interest-free credits and grants to developing countries for a wide array of purposes that include investments in education, health, public administration, infrastructure, financial and private sector development, agriculture and environmental and natural resource management.
- Website
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http://www.worldbank.org
External link for The World Bank
- Industry
- International Trade and Development
- Company size
- 10,001+ employees
- Headquarters
- Washington, DC
- Type
- Nonprofit
- Specialties
- Global Development Finance/Lending, Development Knowledge, Advisory Services, and Capacity Building, Economic Research and Development Data, and Global Partnerships and Multilateral Engagement
Locations
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Primary
1818 H Street, NW
Washington, DC 20433, US
Employees at The World Bank
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Ton Zijlstra
Independent consultant on open gov, open data, distributed digital transformation, networked agency, ethics by design & as a practice. Available for…
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Krishnan Srinivasan
Senior International Consultant specializing in transport econometrics, road safety management and institutional reform
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Lisa Kopp
Marketing and Branding Specialist | Strategic Communications | Executive Communications
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Thomas Switala
TMT Sector Managing Partner | Expert in Digital Infrastructure, M&A, and Strategic Business Development
Updates
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World Development Report 2024 identifies what developing economies can do to avoid the “middle-income trap.” Lower-middle-income countries must go beyond investment-driven strategies—they must also adopt modern technologies and successful business practices from abroad and infuse them across their economies. Upper-middle-income countries need to accelerate the shift to innovation, by pushing the global frontiers of technology. This requires reconfiguring economic structures governing enterprises, labor, and energy use—in ways that enable greater economic freedom, social mobility, and political contestability. DOWNLOAD THE #WDR2024 REPORT ➡️http://wrld.bg/Wrih50V3VeF
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The World Bank, alongside the Centre for Social and Economic Progress, is tackling the low female labor force participation in South Asia. By addressing challenges like safety, social networks, wage gaps, skills, and hiring discrimination, the Bank is paving the way for more women to enter the workforce. Recent data shows a rise in women's participation in India, highlighting the need for quality #job opportunities. Laveesh Bhandari and Franziska Ohnsorge share their insights on these challenges and potential solutions to boost women's participation in South Asia's workforce. The Brookings Institution
Raising female employment in South Asia, one step at a time
The World Bank on LinkedIn
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In a dialogue on the importance of policies on transforming the energy sector in Africa, Nigeria's Minister of Finance Wale Edun reminds us that electricity powers economies, creating jobs & improving lives. Replay the Mission 300 Energy Summit: http://wrld.bg/ukk050V0pXZ #PoweringAfrica
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The world is confronting a set of intertwined challenges. The G20 Leaders requested The World Bank Group to change and be a more significant part of the solution. In response, we raised our ambition for speed, simplicity, better leveraging our balance sheet, and engaging partners and the private sector. Here’s how we are enhancing our approach: http://wrld.bg/7rXU50V4tgQ #BetterBank
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Discover how private sector innovation is shaping economies worldwide. This month, we spotlight key insights from IFC - International Finance Corporation: In Fiji, pioneering e-payment reforms are reducing cash dependency and strengthening the economy. Uzbekistan is enhancing dialysis care through an effective public-private partnership. At the World Governments Summit in Dubai, IFC Managing Director Makhtar Diop addressed unlocking investment opportunities in emerging markets. Gain insights from World Bank Group experts on the global economic outlook and power market investments. ⤵️
This month’s issue of IFC Insights spotlights how private sector innovation is driving meaningful impact across regions and sectors. In Fiji, new reforms in e-payments are reducing the country’s reliance on cash and strengthening the economy, while in Uzbekistan, a public-private partnership is improving dialysis care for patients suffering from kidney failure. Read and subscribe to #IFCinsights to learn more.
How Innovation in the Private Sector is Transforming Lives
IFC - International Finance Corporation on LinkedIn
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Across Africa, women and individuals in the poorest households still face significant barriers to accessing essential financial services, with gaps ranging from 7% in Southern Africa to 14% in North Africa. Furthermore, people in the poorest 40% of households are much less likely to have a bank account compared to those in the wealthiest 60%, with the gap spanning from 15% in North Africa to 20% in East Africa. To drive progress, it’s crucial to address these barriers and work towards bridging Income disparities while enhancing financial resilience across the continent. Learn more: http://wrld.bg/WEfn50V3KvB #FinancialAccess #DigitalTransformation
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Ready to expand your knowledge and advance your career? Our free*, self-paced online courses are designed to help you grow professionally. Explore a variety of courses, including: - Digital Agriculture - Unlocking Investment and Finance in Developing Economies - Solid Waste Management - Public Expenditure and Financial Accountability - Transport Corridor Investments - Smart Cities - Trade and Global Value Chains - Geospatial Information Management - Evaluating Impact in Low- and Middle-Income Countries 📝 Enroll now: http://wrld.bg/PaIL50V38Rg #OnlineLearning #CareerDevelopment #FreeCourses *𝘞𝘰𝘳𝘭𝘥 𝘉𝘢𝘯𝘬 𝘎𝘳𝘰𝘶𝘱 𝘤𝘰𝘶𝘳𝘴𝘦𝘴 𝘤𝘢𝘯 𝘣𝘦 𝘢𝘶𝘥𝘪𝘵𝘦𝘥 𝘧𝘰𝘳 𝘧𝘳𝘦𝘦, 𝘰𝘳 𝘴𝘵𝘶𝘥𝘦𝘯𝘵𝘴 𝘤𝘢𝘯 𝘤𝘩𝘰𝘰𝘴𝘦 𝘵𝘰 𝘳𝘦𝘤𝘦𝘪𝘷𝘦 𝘢 𝘷𝘦𝘳𝘪𝘧𝘪𝘦𝘥 𝘤𝘦𝘳𝘵𝘪𝘧𝘪𝘤𝘢𝘵𝘦 𝘧𝘰𝘳 𝘢 𝘴𝘮𝘢𝘭𝘭 𝘧𝘦𝘦.
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Central American countries and the Dominican Republic (CADR) are at a critical juncture for the transformation of their economies, creation of new #jobs, and consequently the alleviation of poverty. While technological progress has the potential to cause significant disruption in labor markets, it also opens new opportunities. Advances in agricultural and industrial machinery, computers, and now artificial intelligence (#AI) have enabled machines to undertake many tasks previously done by humans, which puts jobs at risk. What do these countries need to take advantage of the potential of technology? The report "𝗧𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗪𝗼𝗿𝗸 𝗶𝗻 𝗖𝗲𝗻𝘁𝗿𝗮𝗹 𝗔𝗺𝗲𝗿𝗶𝗰𝗮 𝗮𝗻𝗱 𝘁𝗵𝗲 𝗗𝗼𝗺𝗶𝗻𝗶𝗰𝗮𝗻 𝗥𝗲𝗽𝘂𝗯𝗹𝗶𝗰” shares insights on this and explores the relationship between work and technology in the region. Read more: http://wrld.bg/1pP250V2kZM
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❓Take this quiz and learn more about food security analytics: http://wrld.bg/GgMk50UTpAJ
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