It is a “unique global partnership”, with “five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries”. It does so by “providing loans to developing countries for capital projects” and providing countries with “policy advice, research and analysis, and technical assistance”. The World Bank Group is one of the world’s largest sources of funding and knowledge for developing countries. Its five institutions are committed to reducing poverty, increasing shared prosperity, and promoting sustainable development. Also known as the International Bank for Reconstruction and Development (IBRD), the World Bank has 188 Member Countries.
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- HIGHLIGHTS:
- Doing Business Report 2020 (Oct 2019, 149p) – A global study “shows that developing economies are catching up with developed economies in ease of business. Still, the gap remains wide. An entrepreneur in a low-income economy typically spends around 50 per cent of the country’s per-capita income to launch a company, compared with just 4.2 per cent for an entrepreneur in a high-income economy. It takes nearly six times as long on average to start a business in the economies ranked in the bottom 50 as in the top 20.”
- Global Mobility Report 2017 (Oct 2017, 107p) – This study is “the first-ever attempt to examine the performance of the transport sector, globally, and its contribution to a sustainable future. Sustainable transport and mobility are fundamental to progress in realizing the promise of the 2030 Agenda for Sustainable Development and in achieving the 17 Sustainable Development Goals (SDGs).”
Events:
- An online calendar of past and upcoming events