Social development in the World Bank: essays in honour of Michael M. Cernea

Author(s):  
C. Karthikeyan
Author(s):  
Olga Pryazhnikova ◽  

The World Bank has made an important contribution to shaping the global agenda for reducing poverty, increasing prosperity and promoting sustainable development. The review examines the main milestones in changes of the World Bank’s activities in the field of social development. The evolution of the organization’s approaches to solving the problem of poverty reduction as one of the key obstacles to socio-economic development is outlined.


Author(s):  
Subrata Mukherjee ◽  

In 2006, Muhammed Yunus and the Grameen Bank received the Nobel Peace Prize for their efforts through micro-credit to create economic and social development. Muhammed Yunus received the prize not in the field of economics because only sustainable development of the proletariat and the marginalised sections of society can bring peace. More than 80% of the world’s population lives in countries where income differentials are widening. The poorest 40% of the world’s population accounts for 5% of global income, while the richest 20% accounts for three quarters of world income. According to the World Bank (WB), the proportion of people in the developing world living on less than $1.25 a day was 20.5% in 2010, down from 43.1% in 1990 and 52.2% in 1981 (in 2005 prices). That is 1.22 billion people lived on less than $1.25 a day in 2010 compared with 0.91 billion in 1990 and 1.94 billion in 1981. In this paper an attempt is made to explain the relevance of Marxism and the need for the co-operative movement to assist in providing a means for social well-being of the downtrodden classes of people. Keywords: Economy and social development, sustainable development, Marxism


2019 ◽  
Vol 10 (6A) ◽  
pp. 123-130
Author(s):  
Gbolahan S. Osho ◽  
Arinola C. Ebalunode

Literacy rate is a major indicator of economic and social development, the campaign for growth and improvement in this area by several international organizations have caused significant growth in all major regions of the world. The persistent theme to these various programs is that illiteracy is nonetheless prevalent in the world and more study needed to eradicate it, thus generates a significant interest in this issue. Therefore, the primary goal of this current study is to compare five major regions in the world as classified by the World Bank in regards to the differences which exist in literacy. The study concludes that literacy rates of male and female across the regions are different for Youth literacy between the age of 15 and 24. The vast conclusion is that that there is a no significant difference in male literacy among the regions in the world except for Africa. While no significant difference in female literacy among the regions in the world.


Author(s):  
William L. Partridge

AbstractThe Chinese have a saying: through a drop of water you can see the whole ocean. This chapter analyzes the process of integrating social development policy and practice into the operations of the World Bank through the lens of my own personal experience, a drop of water through which we will see how sociologists and anthropologists transformed the larger organizational culture of the institution.


Author(s):  
Subrata Mukherjee ◽  
Manoranjan Das

In 2006, Muhammed Yunus and the Grameen Bank received the Nobel Peace Prize for their efforts through micro-credit to create economic and social development. Muhammed Yunus received the prize not in the field of economics because only sustainable development of the proletariat and the marginalised sections of society can bring peace. More than 80% of the world’s population lives in countries where income differentials are widening. The poorest 40% of the world’s population accounts for 5% of global income, while the richest 20% accounts for three quarters of world income. According to the World Bank (WB), the proportion of people in the developing world living on less than $1.25 a day was 20.5% in 2010, down from 43.1% in 1990 and 52.2% in 1981 (in 2005 prices). That is 1.22 billion people lived on less than $1.25 a day in 2010 compared with 0.91 billion in 1990 and 1.94 billion in 1981. In this paper an attempt is made to explain the relevance of Marxism and the need for the co-operative movement to assist in providing a means for social well-being of the downtrodden classes of people. Keywords: Economy and social development, sustainable development, Marxism


Author(s):  
Gloria Davis

AbstractI did my anthropological research in Indonesia between 1972 and 1974. I happened to work on the movement of Balinese to central Sulawesi, a part of the Indonesian transmigration program, which, in fact, after a few years is what led directly to my being hired by the Bank. I taught at Yale for three years. While I was teaching, a person came up after my lecture, and said, “The World Bank wants you.”


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