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IFC Press Releases

IFC, CREDAI Promote Green Buildings in India through EDGE Certification

1 day 1 hour ago
New Delhi, India, November 25, 2014—IFC, a member of the World Bank Group, and the Confederation of Real Estate Developers' Associations of India (CREDAI), apex body of private real estate developers, have partnered to promote green buildings in the country through IFC’s EDGE certification.

IFC Invests in Bank Alfalah to Support SMEs, Spur Growth and Jobs in Pakistan

1 day 1 hour ago
Abu Dhabi, United Arab Emirates, November 24, 2014—IFC, a member of the World Bank Group, is investing $67 million in Bank Alfalah, one of Pakistan’s largest banks, to help expand access to finance for smaller businesses, spurring economic growth and job creation. IFC’s equity investment wi

World Bank Group-Led Community of Index-Insurance Practitioners to Enhance Exchange of Knowledge, Expertise

1 day 1 hour ago
BERLIN, November 27, 2014—The Global Index Insurance Facility (GIIF), an innovative program managed by the World Bank Group, launched today the Index Insurance Forum at the Agricultural Insurance Conference in Berlin. The Index Insurance Forum will serve as a unique forum for knowledge sharing

IFC, parte del Grupo Banco Mundial, prepara inversión en La Positiva Seguros Generales

1 day 1 hour ago
Lima, 25 de noviembre de 2014—La Corporación Financiera Internacional (IFC), miembro del Grupo Banco Mundial, prepara una inversión de US$18 millones a La Positiva Seguros Generales, en forma de crédito subordinado convertible, para impulsar la expansión de la industria de seguros hacia los se

IFC Prepares to Invest in La Positiva Seguros Generales to Expand Access to Insurance to Disadvantaged in Peru

1 day 1 hour ago
Lima, November 26, 2014 – The International Finance Corporation (IFC), a member of the World Bank Group, is preparing to invest $18 million in La Positiva Seguros Generales, in the form of a convertible subordinated loan in order to encourage the expansion of the insurance industry to the most

IFC, the European Union Support Better Productivity and Income in Jamaica’s Food Sector

2 days 35 min ago
Kingston, Jamaica, November 24, 2014 - IFC, a member of the World Bank Group, and the European Union, announce a new project to boost the productivity and income of Jamaican food producers and farmers by increasing the quantity and quality of their goods and enabling access to new markets. The

IFC Helps Philippine Banks Unload Bad Debts to Regain Capital for Lending and Creating Jobs

3 days 7 hours ago
Manila, the Philippines, November 24, 2014—IFC, a member of the World Bank Group, has approved a loan of up to 1.79 billion Philippine pesos ($39.7 million) to ACP Investments One Inc., a special purpose vehicle, to acquire nonperforming assets from Philippine banks and other financial institu

IFC Helps Banks Unload Bad Debts to Regain Capital for Lending and Creating Jobs

3 days 7 hours ago
Manila, the Philippines, November 24, 2014—IFC, a member of the World Bank Group, has approved a loan of up to 1.79 billion Philippine pesos ($39.7 million) to ACP Investments One Inc., a special purpose vehicle, to acquire nonperforming assets from Philippine banks and other financial institu

IFC, CREDAI Promote Green Buildings in India through EDGE Certification

3 days 8 hours ago
New Delhi, India, November 25, 2014—IFC, a member of the World Bank Group, and the Confederation of Real Estate Developers' Associations of India (CREDAI), apex body of private real estate developers, have partnered to promote green buildings in the country through IFC’s EDGE certification.

FT and IFC Launch Second Transformational Business Awards

3 days 9 hours ago
London, 18 November 2014: The Financial Times and IFC, a member of the World Bank Group, today launched the 2015 edition of the Transformational Business Awards, a major global programme that highlights ground-breaking, long-term private sector solutions to today’s development challenges.

Municipalidades en zonas extractivas en Perú reorientan S./3,981 millones a proyectos que atienden necesidades básicas de las poblaciones

3 days 15 hours ago
Lima, 20 de noviembre de 2014.- La Corporación Financiera Internacional (IFC), miembro del Grupo Banco Mundial presentó hoy los resultados de cuatro años del Programa Canon, una iniciativa apoyada por el Gobierno de Canadá que ha brindado asistencia  técnica a 30 municipalidades de 8 regiones

Rooftop Solar Technology Will Reduce Energy Poverty in Developing Countries: IFC White Paper

3 days 15 hours ago
Mumbai, India, November 19, 2014—IFC, a member of the World Bank Group, in partnership with the Norwegian Trust Fund for Private Sector and Infrastructure, today launched a white paper highlighting how developing countries can help meet growing energy demands with environmentally-friendly, g

El Proyecto de Mejora del Clima de Negocios Turísticos en Cusco, Perú, logra sus primeros resultados

4 days 3 hours ago
Lima, Perú, 19 de noviembre de 2014. El Proyecto de Mejora del Clima de Negocios Turísticos en Cusco ha logrado reducir el tiempo y costo de los trámites requeridos para abrir y operar negocios, dándole así un fuerte impulso al sector turismo que es clave para la economía de la región.   E

IFC, Bank al Etihad Support Women Entrepreneurs in Jordan

1 week 19 hours ago
Amman, Jordan, November 19, 2014—IFC, a member of the World Bank Group, is helping a leading bank in Jordan extend banking services to more women in the country, as part of efforts to boost access to finance for women-owned firms and stimulate economic growth. IFC is helping Bank al Etiha

مؤسسة التمويل الدولية وبنك الاتحاد يدعمان سيدات الأعمال في الأردن

1 week 22 hours ago
عمان، الأردن، 19 نوفمبر/ تشرين الثاني 2014- تساهم مؤسسة التمويل الدولية، عضو مجموعة البنك الدولي، في مساعدة أحد البنوك الرائدة في الأردن على تقديم الخدمات المصرفية إلى السيدات، من أجل تحسين فرص حصولهن على التمويل وتعزيز النمو الاقتصادي بالمملكة. وقد ساعد برنامج الخدمات الإستشارية بالمؤسس

IFC Helps FINCA Expand Lending to Smaller Businesses in Armenia, Supporting Growth and Job Creation

1 week 23 hours ago
Yerevan, Armenia, November 18, 2014—IFC, a member of the World Bank Group, is providing a $3 million loan to FINCA UCO, a leading microfinance institution in Armenia, to increase access to finance for micro and small businesses, helping them grow, create jobs, and promote shared prosperity.

IFC emite el bono Irazú para apoyar el desarrollo de los mercados de capital en Costa Rica

1 week 1 day ago
Ciudad de Washington, 18 de noviembre de 2014. La Corporación Financiera Internacional (IFC), miembro del Grupo Banco Mundial, es la primera institución en emitir un bono con calificación AAA en los mercados nacionales de Costa Rica, con lo cual movilizó 5000 millones de colones costarricenses

IFC Issues Irazú Bond to Support Capital Market Development in Costa Rica

1 week 2 days ago
Washington, D.C., November 18, 2014--IFC, a member of the World Bank Group, became the first institution to issue a triple-A rated bond in Costa Rica's domestic markets, raising 5,000 million colones, or approximately $10 million, for private sector investment in emerging markets, including in

IFC Supports Central Bank of Myanmar to Develop Credit Reporting System and Expand Access to Finance for Businesses

1 week 2 days ago
Yangon, Myanmar, November 14, 2014—IFC, a member of the World Bank Group, is providing support to  the Central Bank of Myanmar in the development of  a credit reporting enabling environment, which will improve access to credit for individuals, microentrepreneurs as well as small and medium ent

World Bank Group Launches New Regional Partnership Strategy for the Eastern Caribbean

1 week 2 days ago
WASHINGTON, November 13, 2014 – The World Bank Group’s (WBG) Board of Executive Directors endorsed today the new Regional Partnership Strategy (RPS) for the Organization of Eastern Caribbean States (OECS) for the period 2015-2019, focused on creating the conditions for sustainable and inclusiv

World Bank Group Supports Egypt’s Investment Climate and Competitiveness

1 week 2 days ago
Cairo, November 12, 2014 - The World Bank Group’s Senior Director of the Trade and Competitiveness Global Practice, Anabel Gonzalez, begins a two-day visit to Egypt today to discuss with the Egyptian government support to the country’s investment climate and competitiveness. Ms. Gonzalez i

مسؤول التجارة والتنافسية بمجموعة البنك الدولي تزور مصر لتحسين مناخ الإستثمار تعزيز التنافسية

1 week 3 days ago
القاهرة، 12 نوفمبر/ تشرين الثاني 2014- تبدأ اليوم، أنابيل جونزاليز، مسؤول إدارة الممارسات العالمية للتجارة والتنافسية بمجموعة البنك الدولي، زيارة إلى مصر تستغرق يومين، وذلك لبحث سبل تحسين مناخ الاستثمار وتعزيز التنافسية مع الحكومة المصرية. ومن المقرر أن تعقد جونزاليز عدة اجتماعات مع عدد

IFC Issues First Masala Bonds in London, Attracting International Investment for Infrastructure in India

2 weeks 5 hours ago
Washington, D.C., November 10, 2014—IFC, a member of the World Bank, issued a 10-year, 10 billion Indian rupee bond (equivalent to $163 million) to increase foreign investment in India, mobilizing international capital markets to support infrastructure development in the country. The “Masa

L’IFC nomme un nouveau représentant résident en Haïti

2 weeks 19 hours ago
Washington, 10 novembre 2014 — L’IFC, une institution du Groupe de la Banque mondiale, annonce la nomination de Sylvain Kakou au poste de représentant résident en Haïti. À compter du 1er novembre, M. Kakou, qui sera basé à Port-au-Prince, aura la charge de coordonner le programme d’investissem

IMF News

Mexico: IMF Executive Board Approves New Two-Year US$70 Billion Flexible Credit Line Arrangement

1 day 23 hours ago

Kingdom of Lesotho: IMF Staff Concludes Visit

2 days 38 min ago

Georgia: Statement by IMF Mission

2 days 1 hour ago

Canada: Concluding Statement of the 2014 Article IV Mission

2 days 2 hours ago

IMF and Bank of Korea Host a Discussion on Macroeconomic Rebalancing for Sustainable Growth

2 days 18 hours ago

Egypt: IMF Staff Concludes 2014 Article IV Mission

2 days 19 hours ago

Albania: Statement at the Conclusion of an IMF Review Mission

2 days 19 hours ago

Playing by the Rules: Reforming Fiscal Governance in Europe

2 days 19 hours ago
Working Paper No. 14/211

Impact of Demographic Changes on Inflation and the Macroeconomy

3 days 19 hours ago
Working Paper No. 14/210

Malaysia: IMF Staff Concludes 2014 Article IV Mission

4 days 2 hours ago

IMF Technical Assistance Office for the Lao P.D.R. and Myanmar Scales Up Activities

4 days 11 hours ago

Turkey: IMF Executive Board Concludes 2014 Article IV Consultation

6 days 18 hours ago

Press Release: IMF’s West AFRITAC Steering Committee recognizes the growing role of the Center in pushing for reforms in the region

6 days 18 hours ago

El Salvador: Statement at the Conclusion of an IMF Visit

6 days 21 hours ago

Ireland: Concluding Statement of the Second Post-Program Monitoring Discussion

6 days 23 hours ago

Ghana: IMF Staff Concludes Mission

1 week 52 min ago

Vertical Fiscal Imbalances and the Accumulation of Government Debt

1 week 3 hours ago
Working Paper No. 14/209

Maldives: IMF Staff Concludes 2014 Article IV Mission

1 week 1 day ago

Serbia: IMF Mission Reaches Staff-Level Agreement on a Precautionary Stand-By Arrangement

1 week 1 day ago

IMF Policy Paper: Safeguards Assessments - 2014 Update

1 week 1 day ago

Central African Republic: IMF Mission Reach Staff-level Agreement on Financial Assistance under the Rapid Credit Facility

1 week 1 day ago

Republic of Congo: IMF Staff Concludes Visit

1 week 1 day ago

IMF Survey: Mexico's Economy Shows Steady Growth Fueled by Key Reforms

1 week 1 day ago

IMF Survey: More Efficient Public Investment a Mideast, Central Asia Priority

1 week 1 day ago

The Transmission of Liquidity Shocks: The Role of Internal Capital Markets and Bank Funding Strategies

1 week 1 day ago
Working Paper No. 14/207

Does conditionality in IMF-supported programs promote revenue reform?

1 week 1 day ago
Working Paper No. 14/206

Tajikistan: IMF Staff Concludes 2014 Article IV Mission

1 week 1 day ago

Podcast: Data Drives Better Decisions

1 week 2 days ago
by Christine Lagarde: Managing Director, IMF and Louis Marc Ducharme: Director, Statistics Department, IMF

Haiti: IMF Staff Concludes Visit

1 week 2 days ago

Transcript: Conference Call on the IMF Board's Completion of the Fifth Review under the SBA with Jordan

1 week 2 days ago

Speech: The Second IMF Statistical Forum—Statistics for Policymaking by Christine Lagarde, Managing Director, IMF

1 week 3 days ago

IMF Launches the Special Data Dissemination Standard Plus

1 week 3 days ago

Morocco: IMF Staff Conduct 2014 Article IV Consultations, First Review of the Precautionary and Liquidity Line

1 week 3 days ago

Banks Firmly Behind Ukraine Financial Sector Reform Program at Vienna Initiative Forum

1 week 4 days ago

Group of Twenty IMF Note -- G20 Leaders' Summit -- IMF Note on Global Prospects and Policy Challenges

1 week 4 days ago

IMF Managing Director Welcomes G20 Growth Strategies, Says Implementation Critical

1 week 5 days ago

IMF Managing Director Welcomes China's Subscription to the SDDS

1 week 6 days ago

Transcript: Press Briefing by William Murray, Deputy Spokesman, Communications Department, International Monetary Fund

1 week 6 days ago

Jamaica: IMF Staff Concludes Review Mission

1 week 6 days ago

OECD News - Corruption

Launch of the OECD Foreign Bribery Report

0 sec ago
The OECD Foreign Bribery Report will be launched by the OECD Secretary-General in Paris on 2 December 2014. This ground breaking report analyses data emerging from all foreign bribery enforcement actions concluded since the entry into force of the OECD Anti-Bribery Convention and for the first time ‘measures’ the crime of corruption.

The Foreign Bribery Report

0 sec ago
This ground breaking report seeks to quantify the who, what, when why and how of transnational bribery. Scheduled for release on 2 December 2014, the Foreign Bribery Report is based on analysis of data emerging from all foreign bribery enforcement actions concluded since the entry into force of the OECD Anti-Bribery Convention and for the first time ‘measures’ the crime of corruption.

Lobbyists, Governments and Public Trust, Volume 3

1 day 6 hours ago
This report takes stock of progress made in implementing the 2010 Recommendation on Principles for Transparency and Integrity in Lobbying. Among the findings of the report is that although there is an emerging consensus on the need for transparency in lobbying, new regulations are often scandal-driven instead of forward looking.

Lobbyists, Governments and Public Trust, Volume 3: Implementing the OECD Principles for Transparency and Integrity in Lobbying

1 day 6 hours ago
This report takes stock of progress made in implementing the 2010 Recommendation on Principles for Transparency and Integrity in Lobbying. Among the findings of the report is that although there is an emerging consensus on the need for transparency in lobbying, new regulations are often scandal-driven instead of forward looking.

Lobbyists, Governments and Public Trust, Volume 3: Implementing the OECD Principles for Transparency and Integrity in Lobbying

1 day 6 hours ago
This report takes stock of progress made in implementing the 2010 Recommendation on Principles for Transparency and Integrity in Lobbying. Among the findings of the report is that although there is an emerging consensus on the need for transparency in lobbying, new regulations are often scandal-driven instead of forward looking.

The OECD to launch its first Foreign Bribery Report on Tuesday 2 December 2014

3 days 33 min ago
The OECD will release its first Foreign Bribery Report on Tuesday 2 December at 11:00 a.m. CET, followed at 4:30 p.m. CET by a special launch event in the presence of Angel Gurría, Secretary-General of the OECD, and Christiane Taubira, French Minister of Justice and Keeper of the Seals.

OECD News - Development

OECD’s Gurría commends Greece’s reforms at meeting with Minister Skrekas

2 hours 26 min ago
Meeting Greece’s Minister of Development and Competitiveness Mr. Kostas Skrekas today, OECD Secretary General Angel Gurría said the Greek government’s reform programme was already showing positive results.

Financing Infrastructure for a Water Secure World

2 days 1 hour ago
Water security is one of the greatest challenges we face today, yet the situation has never looked more perilous. By 2050 the OECD Environmental Outlook projects that nearly 4 billion people will live in river basins under severe water stress, and global nitrogen effluents from wastewater are projected to grow by 180%. Whilst, over the same period, global demand for water is expected to grow by 55%.

Development Centre Newsletter - November 2014

1 week 3 days ago
Economic Outlook for Southeast Asia, China and India 2015: Strengthening Institutional Capacity / Social Cohesion Policy Review of Viet Nam / Policy Dialogue on GVCs, Production Transformation and Development

OECD News - Economy

OECD’s Gurría commends Greece’s reforms at meeting with Minister Skrekas

2 hours 26 min ago
Meeting Greece’s Minister of Development and Competitiveness Mr. Kostas Skrekas today, OECD Secretary General Angel Gurría said the Greek government’s reform programme was already showing positive results.

Stronger policy response needed to avoid risks to growth, especially in the euro area, says OECD in latest Economic Outlook

3 days 6 hours ago
Modest global economic forecasts, continuing high unemployment, and downshifts in potential output,should spur governments with a greater sense of urgency to fully employ monetary, fiscal and structural policy levers to support growth, notably in Europe, according to the OECD’s latest Economic Outlook.

Better harnessing talent and knowledge to boost sustainable medium-term growth in Spain

3 days 8 hours ago
Structural transformation towards a more knowledge-based economy will strengthen Spain’s medium-term growth prospects. To deal with long standing impediments to higher growth the government has a substantial structural reform programme touching on education, the labour market and the business environment.

OECD Economic Outlook to be released on Tuesday 25 November 2014

1 week 1 day ago
The OECD will present Economic Outlook No. 96, containing analysis and projections for its 34 member countries and other major economies, on Tuesday 25 November at 11:30 a.m. CET (10:30 GMT).

Angel Gurría congratulates new Indonesian President for cutting fuel subsidies

1 week 2 days ago
Angel Gurría, Secretary-General of the OECD congratulated the newly elected President of Indonesia, Joko Widodo, for taking a bold first step in his economic reform agenda by substantially cutting fuel subsidies.

Reforms poised to put India on a strong, sustainable and inclusive growth path, OECD says

1 week 2 days ago
The Indian economy is showing signs of a turnaround, but new reforms are needed to put the country on a path to strong, sustainable and inclusive growth, according to the latest OECD Economic Survey of India.

Moving towards a more dynamic business sector in Spain

1 week 3 days ago
Policy efforts to revitalise entrepreneurship and investment in Spain are key to generating growth and new jobs. The government has a substantial reform program to make it easier to do business in Spain, which should in some cases be deepened. Boosting economic growth requires a new generation of high-growth companies and that resources flow towards the most productive firms.

The internet economy – regulatory challenges and practices

1 week 3 days ago
Designing policies that protect society while allowing for Internet’s great economic potential to be fulfilled, is a difficult task. This paper investigates this challenge and takes stock of existing regulations in OECD and selected non-OECD countries in specific areas related to the digital economy.

G20: OECD to help monitor growth and gender commitments

1 week 5 days ago
Leaders of the G20 countries meeting at their Summit in Brisbane, Australia, have called on the OECD and IMF to monitor their commitment to boost economic growth and create jobs.

The global economy: strengthening growth and job creation - Statement at G20 Leader's Summit

1 week 6 days ago
Statement made by the Secretary-General during session 1 of the Leader's Summit in Brisbane.

OECD News - Finance

OECD/Thailand Seminar on Financial Inclusion and Financial Literacy in Asia

0 sec ago
Taking place in Bangkok, this seminar will address cutting-edge policy issues and research ideas to promote financial inclusion and financial literacy in Asia, notably: national strategies for financial education; financial education and consumer protection; measuring financial literacy; and, financial literacy for micro-entrepreneurs and SMEs.

OECD/Thailand Seminar on Financial Inclusion and Financial Literacy in Asia

0 sec ago
Taking place in Bangkok, this seminar will address cutting-edge policy issues and research ideas to promote financial inclusion and financial literacy in Asia, notably: national strategies for financial education; financial education and consumer protection; measuring financial literacy; and, financial literacy for micro-entrepreneurs and SMEs.

OECD Pensions Outlook

0 sec ago
Published at two-yearly intervals, this book provides an analysis of the latest developments in pension policies in OECD countries, covering both public and private pension systems, as well as an assessment of trends in retirement income systems.

OECD Pensions Outlook

0 sec ago
Published at two-yearly intervals, this book provides an analysis of the latest developments in pension policies in OECD countries, covering both public and private pension systems, as well as an assessment of trends in retirement income systems.

The OECD to launch its first Foreign Bribery Report on Tuesday 2 December 2014

3 days 33 min ago
The OECD will release its first Foreign Bribery Report on Tuesday 2 December at 11:00 a.m. CET, followed at 4:30 p.m. CET by a special launch event in the presence of Angel Gurría, Secretary-General of the OECD, and Christiane Taubira, French Minister of Justice and Keeper of the Seals.

Emerging Trends and Challenges in Official Financing - Paris Club Forum

1 week 1 day ago
Closing remarks made by the OECD Secretary-General during the Paris Club Forum, organised jointly by the Australian Presidency and the Paris Club.

The World Bank - Governance

Trafficking and fragility in West Africa

4 weeks 13 hours ago
Trafficking is an emerging concern in West Africa. In 2011, 17 percent of all cocaine consumed in Europe -- 21 tons -- passed through the region, for a retail value of US$1.7 billion. This paper discusses the evolution of trafficking in the region and provides estimates of the size and value of trafficking flows to demonstrate the significance of this illegal activity. Although this topic is gaining increasing attention, less attention has been has been paid to how trafficking is perpetuating fragility. This paper contributes to this area of research by identifying five channels through which trafficking is intensifying fragility in the region. The relative importance of each channel is discussed, with specific countries as case-study examples. Possible programmatic responses are then suggested with examples of policy approaches successfully adopted elsewhere in the world.

The World Bank - Law and Development

Trafficking and fragility in West Africa

4 weeks 13 hours ago
Trafficking is an emerging concern in West Africa. In 2011, 17 percent of all cocaine consumed in Europe -- 21 tons -- passed through the region, for a retail value of US$1.7 billion. This paper discusses the evolution of trafficking in the region and provides estimates of the size and value of trafficking flows to demonstrate the significance of this illegal activity. Although this topic is gaining increasing attention, less attention has been has been paid to how trafficking is perpetuating fragility. This paper contributes to this area of research by identifying five channels through which trafficking is intensifying fragility in the region. The relative importance of each channel is discussed, with specific countries as case-study examples. Possible programmatic responses are then suggested with examples of policy approaches successfully adopted elsewhere in the world.

Does mandating nondiscrimination in hiring practices influence women's employment ? evidence using firm-level data

4 weeks 3 days ago
This study explores the relationship between mandating a nondiscrimination clause in hiring practices along gender lines and the employment of women versus men in 58 developing countries. The study finds a strong positive relationship between a nondiscrimination in hiring clause and women's relative to men's employment. The relationship is robust to several controls at the firm and country levels. The results also show sharp heterogeneity in the relationship between the nondiscrimination in hiring clause and women's versus men's employment, with the relationship being much larger in richer countries and in countries with more women in the population as well as among relatively smaller firms.

The World Bank - Porverty Reduction

Can agricultural households farm their way out of poverty ?

3 weeks 1 day ago
This paper examines the determinants of agricultural productivity and its link to poverty using nationally representative data from the Nigeria General Household Survey Panel, 2010/11. The findings indicate an elasticity of poverty reduction with respect to agricultural productivity of between 0.25 to 0.3 percent, implying that a 10 percent increase in agricultural productivity will decrease the likelihood of being poor by between 2.5 and 3 percent. To increase agricultural productivity, land, labor, fertilizer, agricultural advice, and diversification within agriculture are the most important factors. As commonly found in the literature, the results indicate the inverse-land size productivity relationship. More specifically, a 10 percent increase in harvested land size will decrease productivity by 6.6 percent, all else being equal. In a simulation exercise where land quality is assumed to be constant across small and large holdings, the results show that if farms in the top land quintile had half the median yield per hectare of farms in the lowest quintile, production of the top quintile would be 10 times higher. The higher overall values of harvests from larger land sizes are more likely because of cultivation of larger expanses of land, rather than from efficient production. It should be noted that having larger land sizes in itself is not positively correlated with a lower likelihood of being poor. This is not to say that having larger land sizes is not important for farming, but rather it indicates that increasing efficiency is the more important need that could lead to poverty reduction for agricultural households.

The impact of household food consumption data collection methods on poverty and inequality measures in Niger

3 weeks 2 days ago
This paper assesses the impact of three methodologies of food data collection on the welfare distribution, and poverty and inequality measures in Niger. The first methodology is a 7-day recall period, the second one is a usual month, and the third one is a 7-day diary. The paper finds that there is a difference in the distribution of welfare between, on the one hand, the two first methodologies (7-day recall and a usual month, which give results close to each other) and, on the other hand, the 7-day diary method. When considering annual per capita consumption, the 7-day diary lags the 7-day recall by 28 percent. This gap is not only at the mean of the distribution, it has been found at any level. These differences lead to differences in poverty and inequality measures even when alternate poverty lines are used. This study underscores the problem that many developing countries face when it comes to monitoring poverty indicators over time where different methodologies have been used over the years.

Can conditional cash transfers improve education and nutrition outcomes for poor children in Bangladesh ? evidence from a pilot project

4 weeks 2 days ago
There is an increasing recognition that investment in human development at an earlier age can have a significant impact on the lifetime earnings capacity of an individual. This notion is the basis for the popularity of conditional cash transfer programs to help boost child health and education outcomes. The evidence on the impact of conditional cash transfers on health and education outcomes, however, is mixed. This paper uses panel data from a pilot project and evaluates the impact of conditional cash transfers on consumption, education, and nutrition outcomes among poor rural families in Bangladesh. Given implementation challenges the intervention was not able to improve school attendance. However the analysis shows that the pilot had a significant impact on the incidence of wasting among children who were 10-22 months old when the program started, reducing the share of children with weight-for-height below two standard deviations from the World Health Organization benchmark by 40 percent. The pilot was also able to improve nutrition knowledge: there was a significant increase in the proportion of beneficiary mothers who knew about the importance of exclusively breastfeeding infants until the age of six months. The results also suggest a significant positive impact on food consumption, especially consumption of food with high protein content.

World Trade Organization - News

Items proposed for consideration at the next meeting of Dispute Settlement Body

52 min 23 sec ago
The WTO Secretariat has circulated a meeting notice and list of items proposed for the next meeting, on 28 November 2014, of the Dispute Settlement Body, which consists of all WTO members and oversees legal disputes among them. The meeting notice is circulated in the form of a document officially called an “airgram”.

WTO work is “back on track”, says Azevêdo

1 day 52 min ago
Director-General Roberto Azevêdo, at a meeting of the General Council on 27 November, congratulated members for adopting decisions related to public stockholding for food security purposes, the Trade Facilitation Agreement and the post-Bali work. He said: “We have delivered today on a promise we made in Bali. Now let’s make it count”.

WTO issues panel report on Peru’s additional duty on agricultural products

1 day 1 hour ago
On 27 November 2014, the WTO issued the panel report in the case brought by Guatemala concerning “Peru — Additional duty on imports of certain agricultural products” (DS457).

Azevêdo: “We are very close to overcoming impasse on Bali implementation”

2 days 52 min ago
Director-General Roberto Azevêdo briefed WTO members today (26 November 2014) on developments in efforts to break the impasse on implementing the Bali Package. He presented a draft decision on post-Bali work, which, in addition to draft decisions regarding public stockholding for food security purposes and the Trade Facilitation Agreement, would be put to members for agreement at the General Council meeting on 27 November. He said: “We are at the end of a very long journey. Tomorrow we just have to take the final step.”

Trade rules can play a positive role in addressing nutrition objectives, says DDG Shark

1 week 2 days ago
In a statement to the Second International Conference on Nutrition in Rome on 19 November 2014, Deputy Director-General David Shark emphasized the critical importance of multilateral cooperation on nutrition. “The WTO remains more than ever fully committed to participate in and to contribute to this multilateral cooperation,” he said.

Trade Policy Review: Hong Kong, China

1 week 2 days ago
The seventh review of the trade policies and practices of Hong Kong, China takes place on 19 and 21 November 2014. The basis for the review is a report by the WTO Secretariat and a report by the Government of Hong Kong, China.

Brazil rejects panel requested by the EU over tax measures

1 week 3 days ago
At the meeting of the Dispute Settlement Body on 18 November 2014, Brazil rejected the request by the European Union for a panel to study the dispute over taxation and charges applied by Brazil to the automobile, information technology and other sectors.

WTO launches discussion forum on 2014 World Trade Report

1 week 3 days ago
The WTO launched on 18 November 2014 a discussion forum on trade and development, the topic of the 2014 World Trade Report. The forum is intended to encourage an open discussion of what could be contained within a new generation of trade reforms for facilitating development.

Items proposed for consideration at the next meeting of Dispute Settlement Body

1 week 3 days ago
The WTO Secretariat has circulated a meeting notice and list of items proposed for the next meeting, on 18 November 2014, of the Dispute Settlement Body, which consists of all WTO members and oversees legal disputes among them. The meeting notice is circulated in the form of a document officially called an “airgram”.

A strong, viable WTO is essential for New Zealand — Azevêdo tells NZ institute

1 week 3 days ago
Smaller economies such as New Zealand can benefit strongly from the platform that the WTO provides for negotiating agriculture, cutting red tape at the border and other issues, and for small and medium-sized enterprises, which do not have the same capacity to overcome barriers such as complex and differing systems of rules, Director-General Roberto Azevêdo told an event organized by the New Zealand Institute of International Affairs at Victoria University, Wellington, on 18 November 2014.

Japan donates CHF 312,019 to help developing countries participate in Doha Round

1 week 4 days ago
The government of Japan has donated CHF 312,019 to the WTO Doha Development Agenda Global Trust Fund for 2014. This donation will finance a wide range of trade-related technical assistance activities to help developing and least-developed countries (LDCs) to participate effectively in the Doha round of negotiations and better integrate into the world economy.

Gabon announces final deal reached with WTO members on tariff changes

1 week 4 days ago
Gabon’s top trade official told a meeting of the Council for Trade in Goods on 17 November 2014 that it has concluded negotiations with WTO members on compensation for changes to the country’s tariff commitments resulting from its membership in the Central African Economic and Monetary Community (CEMAC).

WTO issues panel report on US anti-dumping measures on shrimp from Viet Nam

1 week 4 days ago
On 17 November 2014, the WTO issued the panel report in the case brought by Viet Nam concerning anti-dumping measures applied by the United States to Vietnamese shrimp (DS429).

DG Azevedo urges rapid action on Bali Issues

1 week 5 days ago
Director-General Roberto Azevêdo today welcomed the strong commitment from G-20 Leaders to implement all elements of the Bali Package including preparing as quickly as possible a WTO work programme on the remaining issues of the Doha Development Agenda.

Founded in 2000, the Parliamentary Network is an independent, non-governmental organization that provides a platform for Parliamentarians from over 140 countries to advocate for increased accountability and transparency in development cooperation. Alain Destexhe is the current Chair of the Parliamentary Network.

 

The Network – via its international secretariat, regional chapters and country chapters – reaches over 1500 Parliamentarians in Africa, Asia, Europe and the Americas. It strives to increase transparency and accountability in the development cooperation process by fostering the oversight role of parliaments and civil society. The Network has a specific focus on multilateral aid and a sub-focus on the work and modus operandi of the World Bank Group and the International Monetary Fund (IMF), the world’s largest multilateral funders.

 

It provides a platform for MPs and civil society to hold to account their own governments, as well as International Financial Institutions (IFIs), for development outcomes.

Membership is free of charge and open to elected parliamentarians who currently hold a mandate. As a member, you will receive The Parliamentary Network on the World Bank and International Monetary Fund’s policy materials, including the quarterly Network Review publication and the Parliamentarians and Development series.

You will also be eligible to attend the Annual Conference and participate in discussions with senior World Bank and IMF leadership. You can also be invited to take part in the Parliamentarians in the Field country visit programme.
In addition, the The Parliamentary Network on the World Bank and International Monetary Fund often invites partner organizations to join its activities.
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