scholarly journals The Role of the World Bank in the Inclusive Financing of Tourism as an Instrument of Sustainable Development

2019 ◽  
Vol 12 (1) ◽  
pp. 285
Author(s):  
Isabel Carrillo-Hidalgo ◽  
Juan Ignacio Pulido-Fernández
Keyword(s):  
Sustainable Development ◽  
World Bank ◽  
Poverty Reduction ◽  
Financial Inclusion ◽  
The World Bank ◽  
The World ◽  
Construction Activity ◽  
Development Goals ◽  
The Right

It is widely accepted that tourism, given the right conditions, can be an important instrument of economic growth and a means of improving the quality of life for the societies in which it is implemented, particularly in developing territories. International financial institutions are aware of the role that tourism can play in this regard and, accordingly, have included it within their strategies to further sustainable development and financial inclusion. The World Bank is one of the institutions working to foster tourism, although, interestingly, it only began working in this area very recently (2016). This paper analyses the role of the World Bank in the inclusive financing of tourism as an instrument of sustainable development and compares it with the finance allocated to another four sectors in the branch of trade and industry. To this end, using a system of indicators previously tested in the literature, it analyses a total of ninety-two projects directly related with tourism, trade, manufacture, services, and housing construction activity. The results obtained, when compared to the finance allocated to other sectors of trade and industry (to which tourism also belongs), indicate that the World Bank’s financing of tourism could sharpen its focus on financial inclusion, which would ensure greater efficiency and efficacy in the attainment of its poverty reduction and development goals.

THE WORLD BANK ABOUT SOCIAL DEVELOPMENT: THE EVOLUTION OF APPROACHES

2021 ◽  
pp. 97-109
Author(s):  
Olga Pryazhnikova ◽  
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Social Development ◽  
World Bank ◽  
Poverty Reduction ◽  
The World Bank ◽  
The World ◽  
Socio Economic Development ◽  
Global Agenda

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.

Holding Intergovernmental Institutions to Account

2003 ◽  
Vol 17 (1) ◽  
pp. 69-80 ◽  
Author(s):  
Ngaire Woods
Keyword(s):  
World Bank ◽  
International Institutions ◽  
Political Accountability ◽  
The World Bank ◽  
The World ◽  
Internal Accountability ◽  
The Right ◽  
National Governments ◽  
Political Decisions

How can governments and peoples better hold to account international economic institutions, such as the WTO, the World Bank, and the IMF? This article proposes an approach based on public accountability, advocating improvements in four areas: constitutional, political, financial, and internal accountability.The argument for more accountability is made with two caveats: more accountability is not always good–it can be distorting and costly; and, enhancing the accountability of international institutions should not justify increasing their jurisdiction for the sake of reducing the role of national governments. Constitutional accountability poses limits on how the institutions expand their activities, requiring the active consent of all members and particularly those most affected by their activities. Political accountability requires that those who make decisions in the organizations are directly answerable to all member governments and not just to the most powerful ones. The institutions' uneven record and structure of financial accountability is addressed through a model of mutual restraint. Finally, the internal accountability should ensure that technical decisions are distinguishable from political decisions. A better matching of the right kinds of accountability to the activities of the organizations would improve both their effectiveness and legitimacy.

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 Climate business for poverty reduction? The role of the World Bank

2011 ◽  
Vol 6 (3-4) ◽  
pp. 259-286 ◽  
Author(s):  
Axel Michaelowa ◽  
Katharina Michaelowa
Keyword(s):  
World Bank ◽  
Poverty Reduction ◽  
The World Bank ◽  
The World

scholarly journals The Role of Small Scale Enterprises in Poverty Reduction in Rural Areas of Sokoto State

2014 ◽  
Vol 32 ◽  
pp. 197-203
Author(s):  
Sirajo Abubakar Ibrahim ◽  
Zayyanu Ladan
Keyword(s):  
World Bank ◽  
Rural Areas ◽  
Poverty Reduction ◽  
Poverty Line ◽  
Small Scale ◽  
National Bureau ◽  
Absolute Poverty ◽  
The World Bank ◽  
The World

Poverty reduction is a major goal and issue for many international organizations such as the United Nations and the World Bank. The World Bank estimated 1.29 billion people were living in absolute poverty in 2008. This is more obvious with the regard to Nigeria where it was estimated about 70 % (2010) of the population are living below poverty line. Similarly, the National Bureau of Statistics (NBS) recently released the figure in 2013., which indicate Sokoto state as having highest incidence of poverty, with 81.2 % poverty rate. The pressure of poverty and the absence of any other income earning activity during the dry season force the people in these area of the North Western part of Sokoto on Migration after every raining season across the country, in order to sustain their livelihood. This paper is of the opinion that rural dwellers can be self reliant within their locality by utilizing the available resources as well as establishing some new business ideas for small scale business as a strategy in poverty reduction and controlling high migration rate. Similarly the paper recommend among others, the effective enlightenment awareness and motivation on the role of boosting the economic development of the rural areas.

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