scholarly journals Editorial

2017 ◽  
Vol 2 (2) ◽  
pp. 61-62
Author(s):  
Ibrahim Sirkeci
Keyword(s):  
The Sustainable Development ◽  
Transfer Operators ◽  
Post Offices ◽  
The World Bank ◽  
Gulf Countries ◽  
The World ◽  
Money Transfer ◽  
Remittance Flows ◽  
Money Transfers ◽  
The Uk

The World Bank’s latest brief on migration and development launched in October 2017 revealed that remittances to developing countries comprising three quarters of the total global remittance flows are set to grow about 4.8% to reach $450 billion. This is seemingly a reflection of the economic growth recorded in Europe and North America. Therefore not surprising to see the receiving countries in this period will be the migrant sending countries to these destinations. Hence India continues to be the top recipient. As we have analysed in the case of remittances from the UK (See Sirkeci and Privara, 2017), cost of sending money to the poorest parts of the world is the most expensive while overall remittance costs remain very high in contrast to the target of 3%, the Sustainable Development Goal. The World Bank brief pins the high cost down to exclusive deals between post offices and money transfer operators in certain countries and the security concerns resulting in higher processing costs for the operators and banks. This is very relevant to the discussions presented in this issue of Remittances Review investigating Hawala system in the Gulf countries and the use of virtual currencies in cross border money transfers. Both trends are benefiting from high costs of traditional money transfer methods via banks and money transfer operators.

Organizing Collaboration

2020 ◽  
pp. 22-42
Author(s):  
Constantine Michalopoulos
Keyword(s):  
The Netherlands ◽  
World Bank ◽  
Development Cooperation ◽  
The Political ◽  
Global Poverty ◽  
Poor Countries ◽  
Political Situation ◽  
The World Bank ◽  
The World ◽  
The Uk

The story of Eveline Herfkens, Hilde F. Johnson, Clare Short and Heidemarie Wieczorek-Zeul, all of whom, with different titles became ministers in charge of development cooperation in the Netherlands, Norway, the UK, and Germany in 1997–8, and what they did together to bridge the gap between rhetoric and reality in the war against global poverty, starts with a short discussion of their background. This is followed by a discussion of the political situation and the different government arrangements that determined development policy in their countries at the time. The last part of the chapter reviews the beginnings of their collaboration which focused on ensuring that the debt relief provided to highly indebted poor countries (HIPCs) in programmes supported by the World Bank and the IMF resulted in actually lifting people out of poverty.

scholarly journals Biased Policy Professionals

2019 ◽  
Vol 33 (2) ◽  
pp. 310-327 ◽  
Author(s):  
Sheheryar Banuri ◽  
Stefan Dercon ◽  
Varun Gauri
Keyword(s):  
Decision Making ◽  
International Development ◽  
World Bank ◽  
Development Policy ◽  
Public Servants ◽  
Private Capacity ◽  
The World Bank ◽  
Subject Pool ◽  
The World ◽  
The Uk

Abstract Although the decisions of policy professionals are often more consequential than those of individuals in their private capacity, there is a dearth of studies on the biases of policy professionals: those who prepare and implement policy on behalf of elected politicians. Experiments conducted on a novel subject pool of development policy professionals (public servants of the World Bank and the Department for International Development in the UK) show that policy professionals are indeed subject to decision-making traps, including the effects of framing outcomes as losses or gains, and, most strikingly, confirmation bias driven by ideological predisposition, despite having an explicit mission to promote evidence-informed and impartial decision making. These findings should worry policy professionals and their principals in governments and large organizations, as well as citizens themselves. A further experiment, in which policy professionals engage in discussion, shows that deliberation may be able to mitigate the effects of some of these biases.

Is the World Bank approach to structural reform supported by experience of electricity privatization in the UK?

Energy Policy ◽  
1992 ◽  
Vol 20 (2) ◽  
pp. 153-162 ◽  
Author(s):  
Adilson de Oliveira ◽  
Gordon MacKerron
Keyword(s):  
World Bank ◽  
Structural Reform ◽  
The World Bank ◽  
The World ◽  
The Uk

Knowledge Societies in China, Portugal, and Uganda

2017 ◽  
Vol 8 (1) ◽  
pp. 23-50
Author(s):  
Nuno Vasco Lopes ◽  
Kenneth Bagarukayo ◽  
Jun Cheng
Keyword(s):  
Sustainable Development ◽  
United Nations ◽  
World Bank ◽  
Sustainable Development Goals ◽  
International Telecommunication Union ◽  
The Sustainable Development ◽  
The World Bank ◽  
The World ◽  
Development Goals ◽  
The United Nations

In September 2015, the United Nations (UN) Member States subscribed the Sustainable Development Goals (SDG) of the 2030 Agenda (General Assembly 2015). This work makes an analysis on how Knowledge Societies can effectively contribute for the achievements of the Agenda's 17 Sustainable Development Goals. Moreover, it will be presented the research overview conducted by UNU-EGOV for producing the United Nations Educational, Scientific and Cultural Organization (UNESCO) Knowledge Societies Handbook (UNESCO/IFAP and UNU-EGOV 2016). In addition, three countries from three different Continents of Asia, Europe and Africa - China, Portugal and Uganda respectively - will be analyzed in the context of the knowledge societies architecture proposed in the handbook. For making that analysis a set of indicators collected from the “The World Bank” (The World Bank 2016) and “International Telecommunication Union” (ITU) (ITU 2015) databases have been selected. The indicators have been interpreted taking into consideration the socio-cultural, political, and economic context of each of the three countries.

scholarly journals Address to the World Bank Sociological Group

2021 ◽  
pp. 41-46
Author(s):  
Huw Evans
Keyword(s):  
Social Context ◽  
World Bank ◽  
Executive Director ◽  
Social Impact ◽  
Bank Lending ◽  
The World Bank ◽  
The Social ◽  
The World ◽  
The Uk ◽  
The Imf

AbstractI feel myself to be an outsider amongst you: I am a macroeconomist by background, having worked in the UK Treasury for many years. Yet I have become convinced in my time at the World Bank of the importance of understanding the social context of the Bank’s work, and the social impact of Bank lending, especially because of the UK ODA’s experience in this field. As an Executive Director at the IMF too, I have gained important insights into how that institution uses its Board more effectively, with more cooperation, and much greater partnership between the Board and management.

'Mega-foundations' will help global aid programmes

2016 ◽  
Keyword(s):  
International Development ◽  
World Bank ◽  
International Aid ◽  
Large Individual ◽  
Healthcare Education ◽  
Content Type ◽  
The World Bank ◽  
The World ◽  
The Uk

Subject The role of 'mega-foundations' in aid programmes to developing countries. Significance International development has changed with the advent of private-sector 'mega-foundations', which have gained influence in how NGOs operate, how public-private partnerships are formed and how international aid programmes shape domestic policies and agendas. Especially in global health, the rise of mega-foundations has been auspicious and cautionary. In areas of international development assistance such as healthcare, education and agriculture, they have become influencers on par with traditional organisations such as the World Bank and the UK Department for International Development. Impacts Mega-foundations will facilitate programmes in areas once considered too costly for large individual foundations, such as HIV programmes. A sole funder or a few funders will dominate some sectors, particularly when there are low resources. 'Orphan sectors' may see more interest; these are sectors that are currently neglected as too minor by traditional funders. Provision of resources controlled by mega-foundations will allow them to transcend advocacy, engaging in agenda setting and implementation.

scholarly journals Modelling Small Area at-Risk-of-Poverty Rates for the UK Using the World Bank Methodology and the EU-SILC

2014 ◽  
Vol 9 (1) ◽  
pp. 97-117 ◽  
Author(s):  
Patricia C. Melo ◽  
Andrew Copus ◽  
Mike Coombes
Keyword(s):  
At Risk ◽  
World Bank ◽  
Small Area ◽  
Area At Risk ◽  
The World Bank ◽  
The World ◽  
The Uk ◽  
The Eu

scholarly journals Arbitration Award of ICSID on the Investment Disputes of Churchill Mining PLC v. Republic of Indonesia

2017 ◽  
Vol 3 (1) ◽  
pp. 14
Author(s):  
Yordan Gunawan
Keyword(s):  
Coal Mining ◽  
World Bank ◽  
Bilateral Investment Treaties ◽  
Public Attention ◽  
The Public ◽  
The World Bank ◽  
The World ◽  
The Republic ◽  
The Government ◽  
The Uk

The research is aimed at analyzing the ICSID (International Centre Settlement Investment Dispute) decision in solving a dispute between Churchill Mining PLC and the Government of the Republic of Indonesia. The case brought to the public attention, because mining license owned by PT. Ridlatama which acquired from Churchill Mining PLC had been revocated. Churchill Mining PLC holds 75% share of PT. Ridlatama and it suffered losses caused by the revocation of its mining license. Churchill Mining PLC filed the case to the local court but it failed. Churchill Mining PLC then sought ruling from International arbitration or ICSID. On December 6, 2016, ICSID issued a decision that clearly threw out Churchill Mining PLC claim. ICSID, the World Bank court, ordered the firm to pay a total of US$.9.446.528 in cost to the Government of the Republic of Indonesia. It is based on the evidences that the UK-Australia company did the fraud and had document forgery of coal mining permit in East Kutai, Indonesia. So the firm has violated the Bilateral Investment Treaties between Indonesia-UK and Indonesia-Australia.

Knowledge Management at Banking Industry

2019 ◽  
Vol 10 (2) ◽  
pp. 21-34
Author(s):  
Nasser Fathi Easa
Keyword(s):  
Knowledge Management ◽  
World Bank ◽  
Quantitative Data ◽  
Banking Industry ◽  
Developed Countries ◽  
Successful Implementation ◽  
The World Bank ◽  
Customer Relation Management ◽  
The World ◽  
The Uk

The present research reviews the literature had been done on knowledge management (KM) in the banking industry in different countries and provides further guidelines to ensure successful implementation of KM in banks. The findings indicated that the application of KM in banks started at the World Bank in 1996 and was followed by banks in several developed countries then spread out to different places in developing counties. The majority of banks in Western developed countries such as the UK and USA, Canada and Germany, are both human- and technology-oriented in terms of managing knowledge. The majority of KM studies in developing counties were exploratory using quantitative data to investigate to what extent these banks were aware of the importance of KM and how they practiced KM. Additionally, little research had been done to link KM in banks to different topics such as innovation, customer relation management and risk management. Finally, literature provided considerable conclusion to enhance effective KM implementations in banks.

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