growth Archive

  • As successive editions of the African Economic Outlook have shown, Africa’s rate of growth has outperformed the global rate over the last decade. Yet high growth is not sufficient to guarantee productive employment for all. Large sections of the population, and particularly the young, can be left behind and become frustrated. In the absence of a political process allowing them to express their views and produce policy changes, instability can result, as it did last year in a number of North African countries. This is an opportune time to reset the policy agenda of African governments towards an inclusive, employment-creating and sustainable growth strategy, aimed particularly at addressing the special needs of the young. Africa has the world’s youngest population and it is growing rapidly. Hundreds of millions of young Africans will be leaving school over the next decades, at every level, and looking for jobs. The challenges and obstacles […]

    Promoting Youth Employment in Africa

    As successive editions of the African Economic Outlook have shown, Africa’s rate of growth has outperformed the global rate over the last decade. Yet high growth is not sufficient to guarantee productive employment for all. Large sections of the population, and particularly the young, can be left behind and become frustrated. In the absence of a political process allowing them to express their views and produce policy changes, instability can result, as it did last year in a number of North African countries. This is an opportune time to reset the policy agenda of African governments towards an inclusive, employment-creating and sustainable growth strategy, aimed particularly at addressing the special needs of the young. Africa has the world’s youngest population and it is growing rapidly. Hundreds of millions of young Africans will be leaving school over the next decades, at every level, and looking for jobs. The challenges and obstacles […]

    Continue Reading...

  • UNEP has launched a report entitled Towards a Green Economy, Pathways to a Sustainable Development and Poverty Eradication, in advance of Rio 2012, that focuses on innovative ways to reduce poverty and promote sustainable development. The report aims to ”demystify” two myths about greening the global economy. First, sustainable development and economy go together. A green economy does not inhibit but rather provides opportunities for employment and wealth creation, it argues. Secondly, a green economy is not the prerogative of wealthy countries. According to the report, this investment will set up the transition towards a green economy, defined as low carbon, resource efficient and socially inclusive. A large part of this transition, however, implies policies and investment that dissociate growth from the current intensive consumption of materials and energy use. The report also seeks to motivate policy makers to create the enabling conditions for increased investments in a transition to […]

    Green Economy is key catalyst for growth and poverty eradication, says UNEP-report

    UNEP has launched a report entitled Towards a Green Economy, Pathways to a Sustainable Development and Poverty Eradication, in advance of Rio 2012, that focuses on innovative ways to reduce poverty and promote sustainable development. The report aims to ”demystify” two myths about greening the global economy. First, sustainable development and economy go together. A green economy does not inhibit but rather provides opportunities for employment and wealth creation, it argues. Secondly, a green economy is not the prerogative of wealthy countries. According to the report, this investment will set up the transition towards a green economy, defined as low carbon, resource efficient and socially inclusive. A large part of this transition, however, implies policies and investment that dissociate growth from the current intensive consumption of materials and energy use. The report also seeks to motivate policy makers to create the enabling conditions for increased investments in a transition to […]

    Continue Reading...

  • The OECD Green Growth Strategy , and the new report, Towards Green Growth, provide a practical framework for governments to boost economic growth and protect the environment. Governments must look to the green economy to find new sources of growth and jobs. They should put in place policies that tap into the innovation, investment and entrepreneurship driving the shift towards a greener economy. Green growth makes economic as well as environmental sense. In natural resource sectors alone, commercial opportunities related to investments in environmental sustainability could run into trillions of dollars by 2050. Two broad sets of policies are essential elements in any green growth strategy: the first set mutually reinforces economic growth and the conservation of natural capital, including core fiscal and regulatory settings and innovation policies. The second includes policies that provide incentives to use natural resources efficiently and make pollution more expensive. Replacing natural capital with physical […]

    Green and growth go together, says OECD

    The OECD Green Growth Strategy , and the new report, Towards Green Growth, provide a practical framework for governments to boost economic growth and protect the environment. Governments must look to the green economy to find new sources of growth and jobs. They should put in place policies that tap into the innovation, investment and entrepreneurship driving the shift towards a greener economy. Green growth makes economic as well as environmental sense. In natural resource sectors alone, commercial opportunities related to investments in environmental sustainability could run into trillions of dollars by 2050. Two broad sets of policies are essential elements in any green growth strategy: the first set mutually reinforces economic growth and the conservation of natural capital, including core fiscal and regulatory settings and innovation policies. The second includes policies that provide incentives to use natural resources efficiently and make pollution more expensive. Replacing natural capital with physical […]

    Continue Reading...

  • This Newsletter guides you to content relevant for international co-operation and economic development. Reposted from sources linked below. Feel free to circulate it to your network. Edited by Karsten Weitzenegger CONTENT Special Issue: Green Economy and Development On the road again to Rio+20 1. UNEP: Green Economy is key catalyst for growth and poverty eradication 2. OECD: Green and growth go together 3. The Green Star Hotel Initiative supports the greening of Egypt’s tourism industry 4. UNCTAD releases book ”Road to Rio +20” 5. UNEP Report spotlights benefits from boosting funding for forests 6. LDCs set to jump start to a green economy 7. The Africa Competitiveness Report 2011 8. Economic Report on Africa 2011 – Focused industrial policy 9. Climate Change and Asian Development Bank 10. EU renewable energy targets may boost land grabbing in developing countries 11. German government backs new energy strategy 12. Recommended Publications 13. Recommended […]

    weitzenegger.de Green Economy and Development | June 2011

    This Newsletter guides you to content relevant for international co-operation and economic development. Reposted from sources linked below. Feel free to circulate it to your network. Edited by Karsten Weitzenegger CONTENT Special Issue: Green Economy and Development On the road again to Rio+20 1. UNEP: Green Economy is key catalyst for growth and poverty eradication 2. OECD: Green and growth go together 3. The Green Star Hotel Initiative supports the greening of Egypt’s tourism industry 4. UNCTAD releases book ”Road to Rio +20” 5. UNEP Report spotlights benefits from boosting funding for forests 6. LDCs set to jump start to a green economy 7. The Africa Competitiveness Report 2011 8. Economic Report on Africa 2011 – Focused industrial policy 9. Climate Change and Asian Development Bank 10. EU renewable energy targets may boost land grabbing in developing countries 11. German government backs new energy strategy 12. Recommended Publications 13. Recommended […]

    Continue Reading...

  • OECD work on green growth. Governments must look to the green economy to find new sources of growth and jobs. They should put in place policies that tap into the innovation, investment and entrepreneurship driving the shift towards a greener economy. Green growth makes economic as well as environmental sense. In natural resource sectors alone, commercial opportunities related to investments in environmental sustainability could run into trillions of dollars by 2050. The OECD Green Growth Strategy, and the new report, Towards Green Growth, provide a practical framework for governments to boost economic growth and protect the environment. “This report shows that green and growth can go together,” said the OECD Secretary-General Angel Gurría. “With the right policies in place, we can create jobs, increase prosperity, preserve our environment and improve the quality of life. All at the same time.” Two broad sets of policies are essential elements in any green […]

    OECD: Green and growth go together

    OECD work on green growth. Governments must look to the green economy to find new sources of growth and jobs. They should put in place policies that tap into the innovation, investment and entrepreneurship driving the shift towards a greener economy. Green growth makes economic as well as environmental sense. In natural resource sectors alone, commercial opportunities related to investments in environmental sustainability could run into trillions of dollars by 2050. The OECD Green Growth Strategy, and the new report, Towards Green Growth, provide a practical framework for governments to boost economic growth and protect the environment. “This report shows that green and growth can go together,” said the OECD Secretary-General Angel Gurría. “With the right policies in place, we can create jobs, increase prosperity, preserve our environment and improve the quality of life. All at the same time.” Two broad sets of policies are essential elements in any green […]

    Continue Reading...

  • CTA – Brussels Office Weblog – Development ministers discuss future development policy, Sahel strategy. At the informal meeting member states discussed the European Commission’s green paper outlining the future trends of European development policy. The main idea is to coordinate the European Union’s support policies with the goals of sustainable growth by putting economic growth in the service of acceptance and reducing poverty. […] Development ministers also discussed an EU strategy for the Sahel region. Sahel is one of the poorest regions in the world where abject poverty is compounded by a fast population growth, food shortage is an everyday issue and governments are transient. Society is riddled with internal conflicts, Islam radicalism poses a high risk, and security threats related to bootlegging and terrorism are extremely high. The European Union is now finalizing a comprehensive strategy to address the region’s security and development challenges. In this quest, creating stable […]

    Development ministers discuss future development policy, Sahel strategy

    CTA – Brussels Office Weblog – Development ministers discuss future development policy, Sahel strategy. At the informal meeting member states discussed the European Commission’s green paper outlining the future trends of European development policy. The main idea is to coordinate the European Union’s support policies with the goals of sustainable growth by putting economic growth in the service of acceptance and reducing poverty. […] Development ministers also discussed an EU strategy for the Sahel region. Sahel is one of the poorest regions in the world where abject poverty is compounded by a fast population growth, food shortage is an everyday issue and governments are transient. Society is riddled with internal conflicts, Islam radicalism poses a high risk, and security threats related to bootlegging and terrorism are extremely high. The European Union is now finalizing a comprehensive strategy to address the region’s security and development challenges. In this quest, creating stable […]

    Continue Reading...

  • Innovation has become the central driver of economic growth and thus a key focal point of countries’ economic development strategies as they seek to gain global competitive advantage. In fact, no fewer than three dozen countries have now created both national innovation agencies and strategies designed specifically to link science, technology, and innovation with economic growth. These countries’ innovation strategies seek to align their policies toward skills, scientific research, information and communications technologies (ICTs), tax, trade, intellectual property (IP), government procurement, standards, and regulations in an integrated and coordinated approach designed to drive economic growth through innovation. via Office of Science & Technology – The Good, the Bad, the Ugly, and the Self-destructive of Innovation Policy:.

    Office of Science & Technology – The Good, the Bad, the Ugly, and the Self-destructive of Innovation Policy:

    Innovation has become the central driver of economic growth and thus a key focal point of countries’ economic development strategies as they seek to gain global competitive advantage. In fact, no fewer than three dozen countries have now created both national innovation agencies and strategies designed specifically to link science, technology, and innovation with economic growth. These countries’ innovation strategies seek to align their policies toward skills, scientific research, information and communications technologies (ICTs), tax, trade, intellectual property (IP), government procurement, standards, and regulations in an integrated and coordinated approach designed to drive economic growth through innovation. via Office of Science & Technology – The Good, the Bad, the Ugly, and the Self-destructive of Innovation Policy:.

    Continue Reading...

  • This policy brief provides some fresh perspectives on the relationship between entrepreneurship and development, and considers policy design issues. It reports on the UNU-WIDER two-year research project ‘Promoting Entrepreneurial Capacity’, which aimed to understand whether and how entrepreneurship matters for development, how it could derail development, how entrepreneurs function in high growth as well as in conflict environments, and how female entrepreneurship differs across countries at various stages of development. via UNU-WIDER : Promoting Entrepreneurship in Developing Countries: Policy Challenges.

    UNU-WIDER : Promoting Entrepreneurship in Developing Countries: Policy Challenges

    This policy brief provides some fresh perspectives on the relationship between entrepreneurship and development, and considers policy design issues. It reports on the UNU-WIDER two-year research project ‘Promoting Entrepreneurial Capacity’, which aimed to understand whether and how entrepreneurship matters for development, how it could derail development, how entrepreneurs function in high growth as well as in conflict environments, and how female entrepreneurship differs across countries at various stages of development. via UNU-WIDER : Promoting Entrepreneurship in Developing Countries: Policy Challenges.

    Continue Reading...

  • New on entries Weitzenegger’s Publication Review http://www.weitzenegger.de/en/publications.html Agricultural Diversification for the Poor – Guidelines for Practitioners. http://tinyurl.com/2vs2wx8 This World Bank study treats diversification as a differentiated form of agricultural development and recognizes its role to spur sustainable growth in the rural sector. The principle purpose of this study is to outline practical ways for implementing diversification activities. Throughout the paper, emphasis is particularly on how the diversification process can be made pro-poor with minimum risk involved. Paper concludes with a list of key investment areas to assist diversification. Assets, Shocks, and Poverty Traps in Rural Mozambique http://www.diw.de/documents/publikationen/73/diw_01.c.363264.de/dp1073.pdf Using a micro-level approach to poverty traps, this paper explores welfare dynamics among households in post-war rural Mozambique. The analysis by Lena Giesbert and Kati Schindler shows that shocks and household coping behavior help to explain the observed poverty dynamics. Beyond Development Aid http://europafrica.net/2010/11/09/beyond-development-aid/ Publication of the Europe-Africa Policy Research Network (EARN) that […]

    Weitzenegger’s Publication Review

    New on entries Weitzenegger’s Publication Review http://www.weitzenegger.de/en/publications.html Agricultural Diversification for the Poor – Guidelines for Practitioners. http://tinyurl.com/2vs2wx8 This World Bank study treats diversification as a differentiated form of agricultural development and recognizes its role to spur sustainable growth in the rural sector. The principle purpose of this study is to outline practical ways for implementing diversification activities. Throughout the paper, emphasis is particularly on how the diversification process can be made pro-poor with minimum risk involved. Paper concludes with a list of key investment areas to assist diversification. Assets, Shocks, and Poverty Traps in Rural Mozambique http://www.diw.de/documents/publikationen/73/diw_01.c.363264.de/dp1073.pdf Using a micro-level approach to poverty traps, this paper explores welfare dynamics among households in post-war rural Mozambique. The analysis by Lena Giesbert and Kati Schindler shows that shocks and household coping behavior help to explain the observed poverty dynamics. Beyond Development Aid http://europafrica.net/2010/11/09/beyond-development-aid/ Publication of the Europe-Africa Policy Research Network (EARN) that […]

    Continue Reading...

  • Following faster than expected recovery in global trade flows so far in 2010, WTO economists have revised their projection for world trade growth in 2010 upwards to 13.5 per cent. The WTO’s March forecast was a 10 per cent expansion in trade volumes. This would be the fastest year-on-year expansion of trade ever recorded in a data series going back to 1950. But such a large growth rate should be understood in the context of a severely depressed level of trade in 2009, when world exports plunged by 12.2 per cent. http://www.wto.org/english/news_e/pres10_e/pr616_e.htm

    WTO: Trade likely to grow by 13.5 per cent in 2010

    Following faster than expected recovery in global trade flows so far in 2010, WTO economists have revised their projection for world trade growth in 2010 upwards to 13.5 per cent. The WTO’s March forecast was a 10 per cent expansion in trade volumes. This would be the fastest year-on-year expansion of trade ever recorded in a data series going back to 1950. But such a large growth rate should be understood in the context of a severely depressed level of trade in 2009, when world exports plunged by 12.2 per cent. http://www.wto.org/english/news_e/pres10_e/pr616_e.htm

    Continue Reading...

  • Fallout from the financial crisis will change the landscape for finance and growth over the next 10 years, a new World Bank report concludes. Developing countries facing higher borrowing costs, lower credit levels, and reduced international capital flows. 2010’s Global Economic Prospects report examines the consequences of the financial crisis on both the short- and medium-term growth prospects of developing countries. Although global growth has resumed, the recovery is fragile, and unless business and consumer demand strengthen, the world economy could slow down again. It concludes that the financial crisis has taken its toll on achieving the 2015 poverty Millennium De­velopment Goal (MDG). Newly updated World Bank estimates suggest that the crisis will leave an additional 64 million people in extreme poverty in 2009 and some 50 million in 2010 relative to a no crisis scenario. Source: ELDIS, http://siteresources.worldbank.org/INTGEP2010/Resources/GEP2010-Full-Report.pdf

    Global economic prospects 2010: crisis, finance, and growth

    Fallout from the financial crisis will change the landscape for finance and growth over the next 10 years, a new World Bank report concludes. Developing countries facing higher borrowing costs, lower credit levels, and reduced international capital flows. 2010’s Global Economic Prospects report examines the consequences of the financial crisis on both the short- and medium-term growth prospects of developing countries. Although global growth has resumed, the recovery is fragile, and unless business and consumer demand strengthen, the world economy could slow down again. It concludes that the financial crisis has taken its toll on achieving the 2015 poverty Millennium De­velopment Goal (MDG). Newly updated World Bank estimates suggest that the crisis will leave an additional 64 million people in extreme poverty in 2009 and some 50 million in 2010 relative to a no crisis scenario. Source: ELDIS, http://siteresources.worldbank.org/INTGEP2010/Resources/GEP2010-Full-Report.pdf

    Continue Reading...

  • The stress of the global financial crisis — as well as concerns about climate change and food prices — should be used by developing countries to shift towards ”clean” growth, a new UNCTAD report recommends. It says such progress is possible and affordable with existing technology, based on the right strategy and incentives. UNCTAD’s Trade and Environment Review TER 2009/2010 contends that while conventional wisdom holds that economic crises are times for belt-tightening and cost-cutting, the opposite is true in the current case. The urgency of the crisis gives governments of the world’s poorer nations the chance to re-direct resources to economic growth that is more economically efficient, better for the environment, more socially equitable, and more promising over the long term. Because so little has been done in such nations, the TER notes, huge gains can be realized in improving energy efficiency, enhancing sustainable agricultural methods, and stimulating the […]

    Much «clean» growth possible in developing world with existing technology, right strategy and incentives, UNCTAD Report says

    The stress of the global financial crisis — as well as concerns about climate change and food prices — should be used by developing countries to shift towards ”clean” growth, a new UNCTAD report recommends. It says such progress is possible and affordable with existing technology, based on the right strategy and incentives. UNCTAD’s Trade and Environment Review TER 2009/2010 contends that while conventional wisdom holds that economic crises are times for belt-tightening and cost-cutting, the opposite is true in the current case. The urgency of the crisis gives governments of the world’s poorer nations the chance to re-direct resources to economic growth that is more economically efficient, better for the environment, more socially equitable, and more promising over the long term. Because so little has been done in such nations, the TER notes, huge gains can be realized in improving energy efficiency, enhancing sustainable agricultural methods, and stimulating the […]

    Continue Reading...