Investing in All the People (The Quaid-i-Azam Lecture)

1992 ◽  
Vol 31 (4I) ◽  
pp. 367-404 ◽  
Author(s):  
Lawrence H. Summers
Keyword(s):  
Social Issue ◽  
World Bank ◽  
Developing World ◽  
Economic Benefits ◽  
Employment Opportunities ◽  
The World Bank ◽  
The People ◽  
The World ◽  
Education And Employment ◽  
Extensive Body

I am honoured to have the privilege of addressing this distinguished conference. I have read about Pakistan's accomplishments and problems for many years and since coming to the World Bank I have followed your government's bold reform efforts closely. I feel fortunate to finally have the opportunity to visit your country. I decided to speak today on "Investing in All the People" because an extensive body of recent research has convinced me that once all the benefits are recognised, investment in the education of girls may well be the highest return investment available in the developing world. And, as I will make clear, increasing the education of girls is an especially high priority for Pakistan. Women's education may seem an odd topic for an economist to address. But enhancing women's contribution to development is as much an economic as a social issue. Economics, with its emphasis on incentives, provides a useful way to understand why so many girls are deprived of education and employment opportunities. And concrete calculations demonstrate that there are enormous economic benefits to investing in women.

The virtual Colombo plan: Implications for developing countries

2004 ◽  
Vol 2 (3) ◽  
pp. 169-178 ◽  
Author(s):  
Emma Rooksby
Keyword(s):  
Developing Countries ◽  
World Bank ◽  
Economic Benefits ◽  
Australian Government ◽  
Information And Communications Technologies ◽  
The World Bank ◽  
Communications Technologies ◽  
The World ◽  
Colombo Plan

This paper considers the available documentation on the Virtual Colombo Plan (or VCP for short), launched by the World Bank and the Australian Government in 2001. The Plan is one of the World Bank’s key projects for encouraging greater use of information and communications technologies (ICTs) in developing countries, with a focus on the using ICTs for education, as well as for economic benefits.

The People and their River, the World Bank and its Dam: Revisiting the Xe Bang Fai River in Laos

2015 ◽  
Vol 46 (5) ◽  
pp. 1080-1105 ◽  
Author(s):  
Ian G. Baird ◽  
Bruce P. Shoemaker ◽  
Kanokwan Manorom
Keyword(s):  
World Bank ◽  
The World Bank ◽  
The People ◽  
The World

Excerpts from Joseph Stiglitz's Speech to the World Bank, April 1999

2000 ◽  
Vol 30 (2) ◽  
pp. 253-256 ◽  
Author(s):  
Abby Scher ◽  
Phineas Baxandall ◽  
Jean McMahon
Keyword(s):  
Quality Of Life ◽  
Life Expectancy ◽  
World Bank ◽  
Neoliberal Reform ◽  
The World Bank ◽  
The People ◽  
The World ◽  
Neoliberal Policies ◽  
The International Monetary Fund

The Journal has published several articles critical of the World Bank and the International Monetary Fund. These articles have shown the damage caused by the neoliberal policies advocated by these agencies to the health and quality of life of the people in countries where such policies are carried out. Published here are excerpts of a speech given by Joseph Stiglitz, senior economist of the World Bank, in which he finally recognizes the damage these policies have caused in Russia, where life expectancy has fallen quite dramatically during the years of neoliberal reform. The question triggered by his speech is why the World Bank continues its neoliberal policies.

scholarly journals A Study on Poverty in Turkey and in the World

2012 ◽  
Author(s):  
H. Yunus Taş ◽  
Selami Özcan
Keyword(s):  
20Th Century ◽  
World Bank ◽  
Poverty Line ◽  
Developed Countries ◽  
The Other ◽  
African Countries ◽  
The World Bank ◽  
The People ◽  
The World ◽  
Us Dollar

Poverty has become one of the most important problems for both underdeveloped and developed countries along with increasing globalization in the world since the second half of the 20th century. On the other hand, it has been claimed that the world is having its richest period of time. While two billion and five hundred millions of the people live under 2 US dollars, which has been determined by the World Bank as the poverty line, one billion and two hundred million of people live under 1 US dollar which has been determined as the hunger line. In our study, dimensions of poverty problems in certain significant countries and continents of the world (such as OECD and African countries) will be tried to be explained by giving quantities and graphics. Besides giving the rates of poverty in Turkey and Kazakhstan, studies concerning this issue and examples as regards their solutions will be given. As a result, suggestions towards lessening the rates of populations in those countries which have poverty and increasing life standards will be tried to ve given.

scholarly journals Mining and developing nations: does mining contribute to socioeconomic development?

2014 ◽  
Vol 7 (1) ◽  
Author(s):  
Michael Huehne
Keyword(s):  
Developing Countries ◽  
World Bank ◽  
Alternative Hypothesis ◽  
Negative Relationship ◽  
Resource Curse ◽  
Mining Industry ◽  
Economic Benefits ◽  
Resource Exploitation ◽  
The World Bank ◽  
The World

The hypothesis that an active mining industry results in decreased economic benefits to developing countries has often been supported by the theory commonly referred to as the Resource Curse. Data from the World Bank provides some support to the argument that there is a negative relationship between natural resource exploitation and economic development, but more recently it appears this relationship does not hold true. With the advent of corporate social responsibility and sustainable development there is increasing evidence that affirms an alternate hypothesis; that an active mining industry results in increased socioeconomic benefits to developing countries. In order to test this hypothesis this study relies on analysis of macroeconomic data primarily obtained from the World Bank, and in order to analyse measures relating to social development and welfare, examination of alternative measures using the United Nations’ Human Development Index and Millennium Development Goals. Investigation, using a sub-group of sub-Saharan developing countries as the sample selection, supports the alternative hypothesis.

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