Economy Archive

  • The Electrification Financing Initiative, ElectriFI opens its doors on 15 April and interested parties can submit their project proposals through www.electrifi.org. ElectriFI is an innovative mechanism to unlock, accelerate and leverage investments providing access to affordable, reliable, sustainable and modern energy. The initiative was launched by the European Commissioner for International Cooperation and Development, Mr Neven Mimica, at the 21st Conference of Parties to the United Nations Framework Convention on Climate Change and was also acknowledged by the G7 Leaders’ Declaration. The implementation of the initial € 75 million allocation to ElectriFI was entrusted to the European Development Finance Institutions led by the Dutch Development Bank. This first EU contribution to ElectriFI will support investments that can improve the lives of more than six million people living principally in rural, underserved areas, promote rational use of energy for productive uses and social services benefiting the bottom of the pyramid. For […]

    Electrification Financing Initiative ElectriFI invites proposals

    The Electrification Financing Initiative, ElectriFI opens its doors on 15 April and interested parties can submit their project proposals through www.electrifi.org. ElectriFI is an innovative mechanism to unlock, accelerate and leverage investments providing access to affordable, reliable, sustainable and modern energy. The initiative was launched by the European Commissioner for International Cooperation and Development, Mr Neven Mimica, at the 21st Conference of Parties to the United Nations Framework Convention on Climate Change and was also acknowledged by the G7 Leaders’ Declaration. The implementation of the initial € 75 million allocation to ElectriFI was entrusted to the European Development Finance Institutions led by the Dutch Development Bank. This first EU contribution to ElectriFI will support investments that can improve the lives of more than six million people living principally in rural, underserved areas, promote rational use of energy for productive uses and social services benefiting the bottom of the pyramid. For […]

    Continue Reading...

  • Geneva, 7 Mar 2016 (Global Donor Platform for Rural Development) Trade is a means by which poor countries can leverage economic growth, reduce their levels of poverty and even meet the SDGs. For example, SDG 2 on ending hunger and food insecurity points towards correcting and preventing trade restrictions and distortions in world agricultural markets as an indicator towards its achievement. Trade has furthermore emerged as a means to finance development – a position catalyzed by significant reductions in ODA by traditional donors – as it was featured in the FFD3 outcome document. As part of the Platform’s growing work on trade in agriculture and rural development (ARD), the Annual General Assembly, held on 20th January, posed the following question participants: Are agricultural trade and rural development playing a duet or a solo? This is because the governance issues surrounding agricultural trade lead to a number of debates, particularly surrounding […]

    How to increase the positive impact of trade on rural development

    Geneva, 7 Mar 2016 (Global Donor Platform for Rural Development) Trade is a means by which poor countries can leverage economic growth, reduce their levels of poverty and even meet the SDGs. For example, SDG 2 on ending hunger and food insecurity points towards correcting and preventing trade restrictions and distortions in world agricultural markets as an indicator towards its achievement. Trade has furthermore emerged as a means to finance development – a position catalyzed by significant reductions in ODA by traditional donors – as it was featured in the FFD3 outcome document. As part of the Platform’s growing work on trade in agriculture and rural development (ARD), the Annual General Assembly, held on 20th January, posed the following question participants: Are agricultural trade and rural development playing a duet or a solo? This is because the governance issues surrounding agricultural trade lead to a number of debates, particularly surrounding […]

    Continue Reading...

  • “Address challenges and seize opportunities of the new world of work”, UNDP urges 2 billion people lifted out of low human development, in last 25 years, now focus on work is needed to galvanize progress, alerts the 2015 Human Development Report. Addis Ababa, 14 December 2015 (UNDP) — Fast technological progress, deepening globalization, aging societies and environmental challenges are rapidly transforming what work means today and how it is performed. This new world of work presents great opportunities for some, but also profound challenges for others. The 2015 Human Development Report, released today at a ceremony in Ethiopia, urges governments to act now to ensure no one is left behind in the fast-changing world of work. The report, titled ‘Work for Human Development’, calls for equitable and decent work for all. In doing so, it encourages governments to look beyond jobs to consider the many kinds of work, such as […]

    2015 Human Development Report – Rethinking Work for Human Development

    “Address challenges and seize opportunities of the new world of work”, UNDP urges 2 billion people lifted out of low human development, in last 25 years, now focus on work is needed to galvanize progress, alerts the 2015 Human Development Report. Addis Ababa, 14 December 2015 (UNDP) — Fast technological progress, deepening globalization, aging societies and environmental challenges are rapidly transforming what work means today and how it is performed. This new world of work presents great opportunities for some, but also profound challenges for others. The 2015 Human Development Report, released today at a ceremony in Ethiopia, urges governments to act now to ensure no one is left behind in the fast-changing world of work. The report, titled ‘Work for Human Development’, calls for equitable and decent work for all. In doing so, it encourages governments to look beyond jobs to consider the many kinds of work, such as […]

    Continue Reading...

  • Transparency International estimates 75 million Africans paid a bribe in the past year BERLIN, Germany, December 1, 2015 ()TI/APO) – A majority of Africans say corruption has risen in the past 12 months and most governments are seen as failing in their duty to stop the abuse of power, bribery and secret deals, according to a new opinion poll from Transparency International (http://www.Transparency.org). In the report People and Corruption: Africa Survey 2015, part of the Global Corruption Barometer, Transparency International partnered with Afrobarometer, which spoke to 43,143 respondents across 28 countries in Sub-Saharan Africa between March 2014 and September 2015 to ask them about their experiences and perceptions of corruption in their country. The majority (58 per cent) of Africans in the surveyed countries, say corruption has increased over the past 12 months. In 18 out of 28 countries surveyed a large majority of people said their government is doing […]

    Corruption on the rise in Africa poll as governments seen failing to stop it

    Transparency International estimates 75 million Africans paid a bribe in the past year BERLIN, Germany, December 1, 2015 ()TI/APO) – A majority of Africans say corruption has risen in the past 12 months and most governments are seen as failing in their duty to stop the abuse of power, bribery and secret deals, according to a new opinion poll from Transparency International (http://www.Transparency.org). In the report People and Corruption: Africa Survey 2015, part of the Global Corruption Barometer, Transparency International partnered with Afrobarometer, which spoke to 43,143 respondents across 28 countries in Sub-Saharan Africa between March 2014 and September 2015 to ask them about their experiences and perceptions of corruption in their country. The majority (58 per cent) of Africans in the surveyed countries, say corruption has increased over the past 12 months. In 18 out of 28 countries surveyed a large majority of people said their government is doing […]

    Continue Reading...

  • Geneva, 12 October 2015 (UNCTAD) – The World Trade Organization (WTO) and the United Nations Conference on Trade and Development (UNCTAD) have pledged to work together towards the integration of developing countries, especially the least-developed among them, into the world economy and the multilateral trading system. WTO Director-General Roberto Azevêdo, and UNCTAD Secretary-General Mukhisa Kituyi signed a joint declaration, as they marked the twentieth anniversary of the WTO at its headquarters in Geneva on 12 October. The agreement further strengthens the collaboration between the UNCTAD and WTO in key areas of their work, and builds on Memoranda of Understanding signed by the organizations in 2003 and 2013. UNCTAD and the WTO believe that trade should play a key role in supporting the implementation of the outcomes of the Third International Conference of Financing for Development, in the achievement of the global Sustainable Development Goals and, above all, in fostering inclusive […]

    WTO and UNCTAD commit to further help poor countries integrate into the global economy

    Geneva, 12 October 2015 (UNCTAD) – The World Trade Organization (WTO) and the United Nations Conference on Trade and Development (UNCTAD) have pledged to work together towards the integration of developing countries, especially the least-developed among them, into the world economy and the multilateral trading system. WTO Director-General Roberto Azevêdo, and UNCTAD Secretary-General Mukhisa Kituyi signed a joint declaration, as they marked the twentieth anniversary of the WTO at its headquarters in Geneva on 12 October. The agreement further strengthens the collaboration between the UNCTAD and WTO in key areas of their work, and builds on Memoranda of Understanding signed by the organizations in 2003 and 2013. UNCTAD and the WTO believe that trade should play a key role in supporting the implementation of the outcomes of the Third International Conference of Financing for Development, in the achievement of the global Sustainable Development Goals and, above all, in fostering inclusive […]

    Continue Reading...

  • The course will introduce the principles, steps and practices that wil enable you to apply the Standard, developed by the Donor Committee for Enterprise Development (DCED), within your organization. Registration is open for the 5-day course on Measuring Results for Sustainable Private Sector Development that wil be held from the 17th to the 21st of August in The Netherlands. Contact hans@hposthumus.nl for more information, or register on-line viawww.mdf.nl or mail registration@mdf.nl . Results Measurement for Sustainable Private Sector Development – MDF.

    Results Measurement for Sustainable Private Sector Development – MDF

    The course will introduce the principles, steps and practices that wil enable you to apply the Standard, developed by the Donor Committee for Enterprise Development (DCED), within your organization. Registration is open for the 5-day course on Measuring Results for Sustainable Private Sector Development that wil be held from the 17th to the 21st of August in The Netherlands. Contact hans@hposthumus.nl for more information, or register on-line viawww.mdf.nl or mail registration@mdf.nl . Results Measurement for Sustainable Private Sector Development – MDF.

    Continue Reading...

  • Select your topic and compare on key indicators with OECD and G20 countries. See also our Statistics Spider

    Key indicators of OECD and G20 countries

    Select your topic and compare on key indicators with OECD and G20 countries. See also our Statistics Spider

    Continue Reading...

  • How is the world of work changing? Are permanent contracts the norm or the exception? Discover the new World Employment and Social Outlook 2015 (WESO). Raymond Torres, Head of the ILO Research department, introduces the new annual flagship report “World Employment and Social Outlook 2015: The Changing Nature of Jobs” to be launched by the International Labour Organization. GENEVA, 19 May 2015 (ILO News) – Only one quarter of workers worldwide is estimated to have a stable employment relationship, according to a new report by the International Labour Organization (ILO). The World Employment and Social Outlook 2015 (WESO)   finds that, among countries with available data (covering 84 per cent of the global workforce), three quarters of workers are employed on temporary or short-term contracts, in informal jobs often without any contract, under own-account arrangements or in unpaid family jobs. Over 60 per cent of all workers lack any kind […]

    ILO warns of widespread insecurity in the global labour market

    How is the world of work changing? Are permanent contracts the norm or the exception? Discover the new World Employment and Social Outlook 2015 (WESO). Raymond Torres, Head of the ILO Research department, introduces the new annual flagship report “World Employment and Social Outlook 2015: The Changing Nature of Jobs” to be launched by the International Labour Organization. GENEVA, 19 May 2015 (ILO News) – Only one quarter of workers worldwide is estimated to have a stable employment relationship, according to a new report by the International Labour Organization (ILO). The World Employment and Social Outlook 2015 (WESO)   finds that, among countries with available data (covering 84 per cent of the global workforce), three quarters of workers are employed on temporary or short-term contracts, in informal jobs often without any contract, under own-account arrangements or in unpaid family jobs. Over 60 per cent of all workers lack any kind […]

    Continue Reading...

  • “The way that things have always been done” is changing in many African countries   LAGOS, Nigeria, March 13, 2015/ — 57.6% of companies see the development of policies and procedures that can be practically applied in all countries as the most challenging internal anti-corruption and compliance issue. This is one of the topics discussed today at a webcast with Uche Orji, CEO and Managing Director, Nigerian Sovereign Investment Authority (NSIA), hosted by Control Risks’ CEO Richard Fenning (https://www.controlrisks.com).   • While FCPA and UKBA still lead anti-bribery and corruption regulation, in a number of African countries the governments feel increasing pressure to join the current trend of stronger enforcement of anti-bribery and corruption regulation in developing countries   • An integrated, global approach to mitigate corruption risk is important, but local adjustment is key   •  “The way that things have always been done” is changing in many African countries and often […]

    More pressure on African governments to have stronger enforcement of anti-bribery and corruption regulation 

    “The way that things have always been done” is changing in many African countries   LAGOS, Nigeria, March 13, 2015/ — 57.6% of companies see the development of policies and procedures that can be practically applied in all countries as the most challenging internal anti-corruption and compliance issue. This is one of the topics discussed today at a webcast with Uche Orji, CEO and Managing Director, Nigerian Sovereign Investment Authority (NSIA), hosted by Control Risks’ CEO Richard Fenning (https://www.controlrisks.com).   • While FCPA and UKBA still lead anti-bribery and corruption regulation, in a number of African countries the governments feel increasing pressure to join the current trend of stronger enforcement of anti-bribery and corruption regulation in developing countries   • An integrated, global approach to mitigate corruption risk is important, but local adjustment is key   •  “The way that things have always been done” is changing in many African countries and often […]

    Continue Reading...

  • Better education and skills are key to shift the economy up a gear, says latest Latin American Economic Outlook Veracruz, Mexico, 9 December 2014 – Latin America’s GDP growth rate has slowed down in 2014, dropping below 1.5%. This is the first time in a decade that the region grows less than the OECD average, according to the OECD Development Centre, the Commission for Latin American and the Caribbean (UN-ECLAC) and the development bank for Latin America (CAF). Given the projections in the past weeks, any recovery in 2015 is likely to be challenging. In their jointly produced Latin American Economic Outlook 2015, the three organisations call for action to address this slowdown, focusing on the role of education and skills, and noting that despite some recent progress, more needs to be done to raise educational standards and address persistent and substantial socioeconomic inequalities. “If we want to avoid a […]

    Latin American Economic Outlook 2014 calls for better education and skills

    Better education and skills are key to shift the economy up a gear, says latest Latin American Economic Outlook Veracruz, Mexico, 9 December 2014 – Latin America’s GDP growth rate has slowed down in 2014, dropping below 1.5%. This is the first time in a decade that the region grows less than the OECD average, according to the OECD Development Centre, the Commission for Latin American and the Caribbean (UN-ECLAC) and the development bank for Latin America (CAF). Given the projections in the past weeks, any recovery in 2015 is likely to be challenging. In their jointly produced Latin American Economic Outlook 2015, the three organisations call for action to address this slowdown, focusing on the role of education and skills, and noting that despite some recent progress, more needs to be done to raise educational standards and address persistent and substantial socioeconomic inequalities. “If we want to avoid a […]

    Continue Reading...

  • Around the world, the gap between the rich and poor is spiralling out of control. Extreme inequality is not accidental or inevitable – it’s the result of deliberate policy choices by people in power. Together we must even it up and stop inequality from undermining our fight against poverty. Join Oxfam’s campaign now to close the gap between the rich and the rest. Copyright: Oxfam From Ghana to Germany, Italy to Indonesia, the gap between rich and poor is widening. In 2013, seven out of 10 people lived in countries where economic inequality was worse than 30 years ago, and in 2014 Oxfam calculated that just 85 people owned as much wealth as the poorest half of humanity. Extreme inequality corrupts politics and hinders economic growth. It exacerbates gender inequality, and causes a range of health and social problems. It stifles social mobility, keeping some families poor for generations, while […]

    Economic inequality has reached extreme levels – Oxfam reports

    Around the world, the gap between the rich and poor is spiralling out of control. Extreme inequality is not accidental or inevitable – it’s the result of deliberate policy choices by people in power. Together we must even it up and stop inequality from undermining our fight against poverty. Join Oxfam’s campaign now to close the gap between the rich and the rest. Copyright: Oxfam From Ghana to Germany, Italy to Indonesia, the gap between rich and poor is widening. In 2013, seven out of 10 people lived in countries where economic inequality was worse than 30 years ago, and in 2014 Oxfam calculated that just 85 people owned as much wealth as the poorest half of humanity. Extreme inequality corrupts politics and hinders economic growth. It exacerbates gender inequality, and causes a range of health and social problems. It stifles social mobility, keeping some families poor for generations, while […]

    Continue Reading...

  • Evaluation reports frequently blame poor monitoring data for preventing a full assessment of programme outcomes. Meanwhile, programme staff often complain that evaluations come too late, too infrequently, and don’t contain much useful information. This illustrates a common problem: the disconnect between monitoring and evaluation reduces the effectiveness of both. A new paper from the DCED addresses this challenge and explores the synergies between M and E, using the example of the DCED Standard, a widely used results measurement framework. Why should evaluators be interested in monitoring? How can monitoring systems support evaluations, and vice versa? Who is responsible for what, and what are the expectations of each? Download: Why_Evaluations_Fail_Aug2014.pdf (PDF, 650 kB)Source: The Donor Committee for Enterprise Development

    Why Evaluations Fail: The Importance of Good Monitoring

    Evaluation reports frequently blame poor monitoring data for preventing a full assessment of programme outcomes. Meanwhile, programme staff often complain that evaluations come too late, too infrequently, and don’t contain much useful information. This illustrates a common problem: the disconnect between monitoring and evaluation reduces the effectiveness of both. A new paper from the DCED addresses this challenge and explores the synergies between M and E, using the example of the DCED Standard, a widely used results measurement framework. Why should evaluators be interested in monitoring? How can monitoring systems support evaluations, and vice versa? Who is responsible for what, and what are the expectations of each? Download: Why_Evaluations_Fail_Aug2014.pdf (PDF, 650 kB)Source: The Donor Committee for Enterprise Development

    Continue Reading...