World Bank | The Development Podcast

The 2023 World Bank Group-IMF Annual Meetings took place from October 9-15 in Marrakech, Morocco, and unveiled the Bank’s bold new vision: creating a world free of poverty on a livable planet. Events and discussions highlighted this new mission, highlighting an expansion in financial capacity, stronger partnerships, deeper engagement with the private sector, and finding more efficient processes. In this special edition episode of The Development Podcast, we draw on some of the highlights from that week and share more about the institution’s new mission and vision. Listen on to hear from: World Bank Group President Ajay Banga, IMF Managing Director Kristalina Georgieva, Senior World Bank Managing Director Axel van Trotsenburg, World Bank Managing Director of Operations Anna Bjerde, Zanzibar’s Minister of State for Finance and Planning Saada Salum, UNICEF’s Executive Director Catherine Russell, CEO of Standard Chartered Bank Bill Winters, and Ethiopian entrepreneur Kidus Asfaw. Timestamps [00:00] Welcome and introduction of the topic [02:01] A new playbook to tackle the intertwined global challenges [08:33] What it will take to achieve ending poverty on a livable planet [10:24] Tanzania: Education for all, empowering its female population, investment in the blue economy [13:18] The importance of partnerships and the impact of COVID-19 and climate change on children [18:29] Private sector: How can finance be sustainable? [21:12] How businesses are piloting exciting climate solutions [23:04] Closure and thanks for tuning in! ABOUT THE DEVELOPMENT PODCAST This international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Listen and subscribe for free on your favorite platform. And rate our show! ;) Tell us what you think of our podcast here >>>. We would love to hear from you! ABOUT THE WORLD BANK The World Bank is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.

Multiple shocks – from COVID-19 to climate change, conflict, crop disease – are crippling food systems, leading to higher food prices and growing hunger. Up to 783 million people faced hunger in 2022, and projections show that in 2030, over 600 million people will still struggle to feed their families. The way we produce food is also harmful for the planet, generating unsustainable levels of pollution and waste. What can we do to fight the global food crisis, especially in the most vulnerable regions? What are the World Bank and its partners doing to address this issue and what solutions have worked on the ground? To answer these questions, on this episode of The Development Podcast we speak to: Gladys Wanja, a Kenyan mother and entrepreneur on the struggles she faces putting food on the table; Valerie Guarnieri, the World Food Programme’s Assistant Executive Director for Programme and Policy Development on how the Nobel-prize winning organization responds to dire emergencies; Dr. Catherine Nakalembe, NASA Harvest’s Africa Program Director and Assistant Professor at the University of Maryland on solutions in space technology, and Martien van Nieuwkoop, the World Bank’s Global Director for Agriculture and Food on what the Bank is doing to address the food crisis. Tell us what you think of our podcast here >>>. We would love to hear from you! Featured Voices Martien van Nieuwkoop, Valerie GuarnieriDr. Catherine NakalembeGladys Wanja Timestamps [00:00] Welcome and introduction of the topic [01:46] What is food security and why the world is currently in a food crisis [03:02] Voices from Kenya on food price volatility [05:46] Voices from Central African Republic: boosting food production [07:09] World Food Program: Providing emergency lifesaving food and cash assistance [08:19] Impacts of famine and hunger beyond malnutrition [09:30] Conflict is a driver of hunger [10:38] Beyond emergency: Building resilience when it comes to food security [14:13] Data for development: The role of satellites and NASA partnerships [15:52] How food security issues are manifesting in East Africa [17:28] The next frontier for using satellite data for food systems [18:54] Voices from Egypt: Preparedness and resilience to future shocks [20:00] What's needed to ensure longer term food security [22:29] What the World Bank is doing to tackle food security [25:19] Closure and thanks for tuning in! ABOUT THE DEVELOPMENT PODCAST This international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Listen and subscribe for free on your favorite platform. And rate our show! ;) Tell us what you think of...

Meet the International Development Association (IDA), the arm of the World Bank that helps the world’s poorest countries—75 to be exact. It’s the largest single source of donor funds for basic services in these countries and aims to eliminate extreme poverty. IDA’s most recent replenishment, IDA20, resulted in a historic $93 billion financing package for IDA countries for fiscal years 2022-2025. On this episode of The Development Podcast, we explore how IDA works across the world on a range of key development issues and priorities, with the help of some key partners. Join us as we speak with Dirk Reinermann, the World Bank’s Director of Development Finance who oversees IDA, Gregory Chen, Managing Director for the Ultra-Poor Graduation Initiative, within BRAC International, and Maaria Henry, a Fisheries Protection Officer from the Republic of Kiribati in Micronesia, which sits at the forefront of the climate challenge. Tell us what you think of our podcast here >>>. We would love to hear from you! Featured Voices Dirk ReinermannGregory ChenMaaria Henry Timestamps [00:00] Welcome and introduction of the topic [02:25] Story from the ground: Climate resilience and job prospects in Kiribati [06:46] IDA: How it was created, how it works, where it gets its cash from? [09:51] Partnerships: BRAC International, Bangladesh and IDA [15:21] IDA's priorities and replenishments [19:16] Partnerships: Maximizing financing for development [22:15] IDA's greatest success stories [24:17] Closure and thanks for tuning in! ABOUT THE DEVELOPMENT PODCAST This international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Listen and subscribe for free on your favorite platform. And rate our show! ;) Tell us what you think of our podcast here >>>. We would love to hear from you! ABOUT THE WORLD BANK The World Bank is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.

How do we address climate change, reduce poverty, and boost shared prosperity on a livable planet? Climate change is one of the defining issues of our time, and no country is immune. On this episode of The Development Podcast, we hone in on voices across Africa about the experience of climate change and how it intersects with poverty, and we hear from Richard Damania, World Bank’s Chief Economist for Sustainable Development in Washington, DC. Tune in as we speak with Cathy Kamamu, a farmer from Kenya, Professor Denis Aheto, Director of the Centre for Coastal Management in the Africa Centre of Excellence in Coastal Resilience, Roselyn Fosuah Adjei, Director of Climate Change for the Ghana Forestry Commission, and Richard Damania, Chief Economist for Sustainable Development at the World Bank. Tell us what you think of our podcast here >>>. We would love to hear from you! Featured Voices Richard DamaniaRoselyn Fosuah AdjeiProfessor Denis AhetoCathy Kamanu Timestamps [00:00] Welcome and introduction of the topic [01:56] Visions from Kenya: Everyday effects of climate change on a farmer [05:45] Data overview on the relationship between climate change and poverty [07:21] Visions from Ghana: The impact of climate change for coastal communities [10:08] Ghana: World Bank's Country Climate and Development Report [11:55] Deforestation in Ghana: How to protect the natural landscape of countries? [15:19] Addressing both climate change and poverty [19:01] Detox Development: Repurposing environmentally harmful subsidies [20:37] Hope (and concerns) on the horizon [22:33] Closure and thanks for tuning in! ABOUT THE DEVELOPMENT PODCAST This international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Listen and subscribe for free on your favorite platform. And rate our show! ;) Tell us what you think of our podcast here >>>. We would love to hear from you! ABOUT THE WORLD BANK The World Bank is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.

Migration is a development challenge. About 184 million people—2.3 percent of the world’s population—live outside of their country of nationality, and almost half of them are in low- and middle-income countries. In this episode of The Development Podcast, we explore the conversation around migration, from global economic imbalances, demographic changes, and conflict, to the opportunities it can bring to people and host communities. To unpack this and more, we speak to Xavier Devictor, the World Bank’s co-Director for this year’s World Development Report and four individuals, including two migrants in Colombia and the Philippines, who share their stories of success and survival outside of their home countries. Tell us what you think of our podcast here >>>. We would love to hear from you! Featured Voices Xavier DevictorPaula RossiascoAlejandra BoteroAlvin AngDexibel BravoAngelito Castro, Timestamps [00:00] Welcome and introduction of the topic [02:03] Colombia: Perspectives and stories from the ground [09:58] Philippines: Perspectives and stories from the ground [14:00] The state of migration around the world [18:08] The role of governments and policy makers [26:01] Closure and thanks for tuning in! ABOUT THE DEVELOPMENT PODCAST This international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Listen and subscribe for free on your favorite platform. And rate our show! ;) Tell us what you think of our podcast here >>>. We would love to hear from you! ABOUT THE WORLD BANK The World Bank is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.

The 2023 World Bank Group-IMF Spring Meetings took place from April 10-16, amidst a backdrop of challenges: from stress in the banking sector, persistent inflation, rising debt, climate change and of course Russia’s ongoing invasion of Ukraine. Addressing this instability, and looking to a future free from poverty, was at the heart of the discussions which involved dozens of contributors from across the globe. In this latest episode of The Development Podcast, we draw on some of the highlights from that week, hearing from various speakers who attended our events and how they look to tackle some of the world’s most pressing challenges. Listen on to hear from: World Bank Group President David Malpass, IMF Managing Director Kristalina Georgieva, Senior World Bank Managing Director Axel van Trotsenburg, United Nations Deputy Secretary-General Amina J. Mohammed, Senegal's Minister of Economy, Planning and Cooperation, H.E. Oulimata Sarr, Save the Children UK CEO Gwen Hines, and Founder of the grassroots organization, We Love Reading, Rana Dajani. Listen now! Tell us what you think of our podcast here >>>. We would love to hear from you! Featured Voices David MalpassKristalina GeorgievaAxel van TrotsenburgAmina J. MohammedH.E. Oulimata SarrGwen HinesRana Dajani Timestamps [00:00] Welcome and introduction of the topic [01:38] Complex challenges facing the global economy and a vision for the future [10:09] Accelerating development in an age of global crisis [14:31] Human capital to accelerate the green transition [17:02] Cash transfers and other practical investments in children [20:35] The importance of investment in the next generation [22:31] Closure and thanks for tuning in! ABOUT THE DEVELOPMENT PODCAST This international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Listen and subscribe for free on your favorite platform. And rate our show! ;) Tell us what you think of our podcast here >>>. We would love to hear from you! ABOUT THE WORLD BANK The World Bank is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.

What impact does unpaid care work have on women's economic prospects and growth? How can we support these everyday superheroes? In this episode of The Development Podcast, we explore the economics around this issue, whether women are tending to children or the elderly. What goes into this often invisible workload, and how do the burdens these women carry affect their every day lives? We draw from recent findings of this year’s 2023 Women, Business, and the Law report and also speak with three guests: Laura Rawlings, Lead Economist for the World Bank’s Gender Group, Nguyen Thi Kieu Trang (KT), Marketing and Communications Manager with CARE International in Vietnam, and Jyoti Macwan, General Secretary at the Self Employed Women’s Association (SEWA) and former tobacco worker, who share their insights and own experiences in the struggles women continue to face today but also steps women—and men—can take in the fight for gender equality. Listen now! Tell us what you think of our podcast here >>>. We would love to hear from you! Featured Voices Laura RawlingsNguyen Thi Kieu Trang (KT)Jyoti Macwan Timestamps [00:00] Welcome and introduction of the topic [01:29] Recent data about women's lives and livelihoods [04:48] Visions from India: Struggles for women in the informal sector [09:16] Visions from Vietnam: Women in rural areas and care workload [11:21] Gender inequality: The importance of addressing unpaid care [15:04] The impact of the pandemic around the world [19:37] Closure and thanks for tuning in! ABOUT THE DEVELOPMENT PODCAST This international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Listen and subscribe for free on your favorite platform. And rate our show! ;) Tell us what you think of our podcast here >>>. We would love to hear from you! ABOUT THE WORLD BANK The World Bank is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting

In this episode of The Development Podcast, we mark one year of Russia’s invasion of Ukraine, and explore the depth and breadth of fragility, conflict and violence (FCV) around the world. What are the spillover effects of war as we see increased displacement of populations, high energy and food prices, shocks to natural disasters and more? And what is the World Bank Group’s position and long-term strategy on FCV, and how can we begin to tackle some of these challenges we face head on? Axel Van Trotsenburg, the World Bank’s Managing Director of Operations, the Honorable John Dabi, Deputy Commissioner of South Sudan Commission for Refugees Affairs, Fidel Saad, Save the Children Lebanon’s Food Security, Livelihoods and Social Protection Technical Advisor, and Lara, a Ukrainian refugee living in Oxford, talk to us on these issues and more. Tell us what you think of our podcast here >>>. We would love to hear from you! Featured Voices Axel Van TrotsenburgHonorable John DabiFidel SaadLara Timestamps [00:00] Welcome and introduction of the topic [01:20] Fragility, conflict, and violence (FCV) settings [03:50] The case of Lara, a Ukrainian refugee living in Oxford, UK [08:16] South Sudan: Food security, climate change, conflict, and displacement [11:22] The case of Lebanon and FCV settings [14:05] Global overlapping crises and their impact [15:25] Conflict in fragile settings and middle-income countries [17:37] The support from the World Bank Group [21:04] Closure and thanks for tuning! ABOUT THE DEVELOPMENT PODCAST This international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Listen and subscribe for free on your favorite platform. And rate our show! ;) Tell us what you think of our podcast here >>>. We would love to hear from you! ABOUT THE WORLD BANK The

The recently released January edition of this year’s Global Economic Prospects report warns that the global economy is dangerously close to a recession, with worldwide economic output projected to be just 1.7% in 2023. While the outlook for all economies is quite grim, the edition takes a special focus on the plight of 37 small states—countries with a population of 1.5 million or less—that are already vulnerable to shocks stemming from the pandemic, climate change, disruptions to tourism and more. In this episode of The Development Podcast, we speak with three guests: Dana Vorisek, senior economist and one of the lead report authors of the Global Economic Prospects report; the Hon. Tiofilusi Tiueti, Minister for Finance and Tonga World Bank Governor; and Anna Kay, a female-owned restauranteur in Jamaica, who share their insights and experiences to the impacts of a worsening global economy on already vulnerable states. Tell us what you think of our podcast here >>>. We would love to hear from you! Featured Voices Dana VorisekHon. Tiofilusi TiuetiAnna Kay Timestamps [00:00] Welcome and introduction of the topic [01:29] Insights from the Global Economics Prospects Report [03:51] Visions from the Caribbean: The case of Jamaica [08:18] Visions from the Pacific: The case of Tonga [13:56] Characteristics, challenges and vulnerabilities of small states [18:44] Closing and thanks for tuning in! ABOUT THE DEVELOPMENT PODCAST This international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Listen and subscribe for free on your favorite platform. And rate our show! ;) Tell us what you think of our podcast here >>>. We would love to hear from you! ABOUT THE WORLD BANK The World Bank is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.

The past twelve months have been turbulent for the global economy. Conflict, inflation, food supply crises and the long tail of the Covid-19 pandemic have caused shockwaves across the world. In this episode of The Development Podcast we speak to World Bank Group chief economist Indermit Gill, and take stock of the last twelve months, while looking ahead to 2023. Indermit explains why forecasts at the start of the year were wrong, and why he remains optimistic for the coming year. We also reflect on one of the biggest stories of 2022, food prices. We get an update from Egyptian baker and restaurant owner Dareen Akkad. Listen now! Tell us what you think of our podcast here >>>. We would love to hear from you! Featured Voices Indermit GillDareen Akkad Timestamps [00:00] Welcome and introduction of the topic [01:23] Putting 2022 in context [02:31] What were we expecting 2022 to look like in January? [03:47] The economic impact of Russia's invasion of Ukraine [05:02] Are we looking at a recession next year that's getting worse? [06:47] Policy steps being taken [09:28] Monetary tightening, raising interest rates, subsidies, inflation [16:07] Stories of people's lives [17:30] Inflation and food security: Visions from a pizza baker in Cairo [19:42] Closing and thanks for tuning in! ABOUT THE DEVELOPMENT PODCAST This international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Listen and subscribe for free on your favorite platform. And rate our show! ;) Tell us what you think of our podcast here >>>. We would love to hear from you! ABOUT THE WORLD BANK The World Bank is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.

COVID-19, the war in Ukraine, and other crises have dealt the biggest setback to global poverty reduction in decades. 2020 alone saw the largest one-year increase in extreme poverty since global monitoring began. In this episode of The Development Podcast, we comb through the recent Poverty and Shared Prosperity Report (PSPR) to understand what’s happening, where and why. Ruth Hill, a lead economist at the World Bank discusses the actions governments can take to help correct course. We also get a snapshot of just how hard the last few years have been for many people, such as Sonia Cifuentes in Bogota, Colombia, and how cash transfers helped her when she needed support to cover the basics for herself and her children. Listen now! Tell us what you think of our podcast here >>>. We would love to hear from you! Featured Voices Timestamps [00:00] Welcome and introduction of the topic [01:37] Understanding the data behind the Poverty and Shared Prosperity Report [07:28] Visions from Bogota, Colombia: Vulnerability and cash transfer programs [11:10] The meaning behind poverty [12:42] 2020 saw the biggest setback to global poverty in decades [14:36] Measuring poverty: Methodology and research [15:33] Progress made in ending poverty over the last few decades [17:05] The impact of the COVID-19 pandemic on poverty reduction efforts [19:40] Increase in poverty in different regions of the world [20:35] Public policies to counter poverty trends [21:37] Subsidies and cash transfer programs [25:37] Closing and thanks for tuning in! ABOUT THE DEVELOPMENT PODCAST This international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Listen and subscribe for free on your favorite platform. And rate our show! ;) Tell us what you think of our podcast here >>>. We would love to hear from you! ABOUT THE WORLD BANK The World Bank is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.

This year’s World Bank Group-IMF Annual Meetings took place against the backdrop of a series of overlapping crises threatening catastrophic consequences for the poor. The impact of the COVID-19 pandemic, climate change and conflict were the focus for delegates who gathered at the World Bank Group headquarters in Washington DC. In this special edition of The Development Podcast we’ll bring you some of the key moments from this year’s sessions. Leaders, experts, and activists discussed how best to respond to the multiple overlapping crises facing developing countries and how to work together to build a resilient future. Listen now! Tell us what you think of our podcast here >>>. We would love to hear from you! Timestamps [00:00] Welcome and introduction to the Annual Meetings [02:12] Addressing multiple crises in an era of volatility [12:02] Food and fuel crises [19:09] Inclusive growth and financial inclusion [24:07] Financing the low-carbon, resilient transition [27:01] Human capital and education [33:30] Support to Ukraine [36:21] Closure and thanks for tuning! Featured Voices Anne TvinnereimAugustine MayabiDavid MalpassJanet YellenKarima OlaKristalina GeorgievaLawrence SummersMakhtar DiopMostafa TerrabRania Al-Mashat

Our warming world needs to wean itself away from fossil fuels, but closing coal mines can impact jobs and communities. How can we ensure people and communities are at the center of the transition away from coal? In this episode of The Development Podcast, we hear about the challenges and opportunities involved in this important transition. We get the view from some Indian women benefiting from new green jobs, hear from new solar panel owners, and from Reema Nanavaty, director of the Self Employed Women’s Association (SEWA). We also hear from World Bank experts Elizabeth Ruppert Bulmer, Lead Economist with the Social Protection & Jobs Global Practice, and Rachel Perks, Senior Mining Specialist with the Energy & Extractives Global Practice. They explain why this task can’t be left to future generations to fix, and how phasing out coal can mean new opportunities for communities and jobs. Listen now! Tell us what you think of our podcast here >>>. We would love to hear from you! Timestamps [00:00] Welcome and introduction of the topic [01:36] Trends with coal production in recent years [06:54] Visions of India moving away from coal [11:53] Just transition, coal, and climate change [14:02] What's behind turning off coal [15:55] Progress made around the world [17:12] The impact of closing down coal mines [21:05] Transitions and new livelihoods and opportunities [22:54] Historical perspective and lessons learned [24:40] Stakeholder engagement and consultations [26:39] Land repurposing [29:03] Closure and thanks for tuning! Featured Voices Elizabeth Ruppert BulmerRachel PerksReema Nanavaty ABOUT THE DEVELOPMENT PODCAST This international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Listen and subscribe for free on your favorite platform. And rate our show! ;) Tell us what you think of our podcast

The world is grappling with a sharp deceleration in growth, coupled with rising inflation. Are we experiencing so-called stagflation, what does that mean for people, and what can we learn from comparable situations in the past? In this episode of The Development Podcast, World Bank forecasting expert Franziska Ohnsorge, Manager of the Prospects Group, one of the lead authors of the Global Economics prospect Report; and debt expert Marcello Estevão Global Director of the World Bank Group's Macroeconomics, Trade and Investment global practice give the big picture on stagflation. While Enrique Cárdenas, a Mexican economist and economic historian, explains what it felt like to experience stagflation during the so-called “lost decade” of the 1980s. Listen now! Tell us what you think of our podcast here >>>. We would love to hear from you! Timestamps [00:00] Welcome and introduction of the topic [01:45] What is stagflation? When did we see it last? Are we in stagflation right now? [06:42] Visions from Mexico, the 15th largest economy in the world [11:47] Global economy: How significant is the slowdown right now [13:09] How real is the risk of stagflation? [14:57] Central banks and interest rates... and stagflation [17:24] Impacts for average people in emerging markets and developing economies [19:19] How can stagflation lead to debt crises? [23:31] What is creating this toxic mix of slow growth and inflation? [24:59] Recommendations for governments to promote growth and tame inflation [29:21] Closure and thanks for tuning! Featured Voices Franziska OhnsorgeMarcello EstevãoEnrique Cárdenas ABOUT THE DEVELOPMENT PODCAST This international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Listen and subscribe for free on your favorite platform. And rate our show! ;) Tell us what you think of our podcast here >>>. We would love to hear from you! ABOUT THE WORLD BANK The

The world is facing rising food prices that are hitting poor and developing countries hardest. Even before COVID-19 reduced incomes and disrupted supply chains, chronic and acute hunger were on the rise due to factors, including conflict, socio-economic conditions, natural hazards, climate change and pests. The disruption caused by the war in Ukraine has added to price pressures, with costs likely to remain high for the foreseeable future and expected to push millions of additional people into acute food insecurity. In this episode of The Development Podcast, World Bank Food and Agriculture Global Practice Manager Julian Lampietti explains the challenges and discusses some of the solutions. And we hear from a pizza restaurant owner in Cairo who is struggling with the rising cost of bread. Listen now! Tell us what you think of our podcast here >>>. We would love to hear from you! Timestamps [00:00] Welcome and introduction of the topic [01:32] What's happening in terms of agriculture and food in the world right now [06:47] Visions from Cairo: Food costs, supply chains, local business... and pizza [13:08] A human catastrophe? Food price crisis related to the war in Ukraine [14:21] Availability issues, people's access to food, or the production of food? [18:05] Food prices: How the situation could evolve in the short term [19:22] Lessons learnt from previous food price crisis [24:07] Investments in agricultural and food technologies [27:45] How the World Bank is responding to this crisis [29:32] Closure and thanks for tuning! Featured voices Julian LampiettiDareen Akkad ABOUT THE DEVELOPMENT PODCAST This international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Listen and subscribe for free on your favorite platform. And rate our show! ;) Tell us what you think of our podcast here >>>. We would love to hear from you! ABOUT THE WORLD BANK The World Bank is one of the world’s largest sources of funding and knowledge for low-income...

Putting people first through investing in human capital – the knowledge, skills, and health that people need to achieve their potential – is critical for sustainable, inclusive growth and poverty reduction. The consequences of the COVID-19 pandemic threaten to leave generations behind and exacerbate inequalities. Health impacts, setbacks to nutrition, the early years and learning, job losses and expanding gender gaps must be addressed with urgency. Countries have stepped up in innovative ways to put people first through building, protecting, and utilizing human capital – with support from the World Bank and partners. However – ambition, innovation, and sustained support are needed to recover human capital losses and strengthen recovery. Investing in people consistently and providing opportunities for all to achieve their potential can yield economic dividends – and help bring greater stability in a challenging global context. During the 2022 World Bank Group-IMF Spring Meetings, leaders, innovators and change-makers shared how investments in human capital can not only change lives for individuals, but also create more inclusive and equitable societies. Listen to the Spring Meetings highlights in a special series of The Development Podcast. Tell us what you think of our podcast here >>>. We would love to hear from you! Timestamps [00:00] Welcome and introduction of the topic [02:38] Tanzania's education system [05:13] Tanzania's investment in health [08:28] Tanzania: Challenges in education and health [13:35] Tackling learning poverty [17:36] Special considerations from a gender and fragility context [19:07] Impacts of the pandemic on young people [23:50] The value of investing in people [28:10] Equipping young people for the jobs of the future [29:32] Closure and thanks for tuning! Featured voices Samia Suluhu HassanDavid R. MalpassAmina MohammedMari PangestuMalala YousafzaiBeatrice Mahuru ABOUT THE DEVELOPMENT PODCAST This international development podcast brings together the data,...

Trade can be an effective catalyst for growth and development. However, the growing use of market-distorting subsidies undermines the multi-lateral, rules-based trading system that has promoted trade liberalization and global growth in the past. At a time when the global economy is coping with multiple shocks, including the pandemic, the Russian invasion of Ukraine and supply chain disruptions to food and other goods, governments are increasingly turning to subsidies for relief. But the costs can be very high, in terms of public spending and distorted incentives for investment and consumption. How can international cooperation help create a fairer trading system for countries at all income levels? During the 2022 World Bank Group-IMF Spring Meetings, the heads of the four key global economic policy institutions—the World Bank Group, the International Monetary Fund (IMF), the Organisation for Economic Co-operation and Development (OECD) and the World Trade Organization (WTO)—discussed the importance of trade and global cooperation for overcoming current challenges and implications of subsidies for markets and poor countries. They called for more transparency and proactive measures to reduce their harm, especially for the largest and most distortive subsidies. Listen to the Spring Meetings highlights in a special series of The Development Podcast. Tell us what you think of our podcast here >>>. We would love to hear from you! Timestamps [00:00] Welcome and introduction of the topic [02:54] Subsidies, trade, and international cooperation [06:19] National self-interest vs. globalization [08:34] The end of an era of globalization? [11:28] Measurement of agricultural subsidies [13:40] Subsidy and economic policy in a crisis mode [18:03] Tackling subsidies: Politically expedient vs sensible things [24:42] Transparency, access to information, collaboration [26:34] Closure and thanks for tuning! Featured voices ABOUT THE DEVELOPMENT PODCAST This international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Don't miss an episode! Listen and subscribe for free on your

By 2030, up to two-thirds of the world's extreme poor could live in fragility, conflict, and violence settings, so without addressing the challenges in these economies, we will not succeed in our mission to eradicate extreme poverty and boost shared prosperity. The disturbing trend of rising and compounding crises points to an urgent need for the international community to come together and develop new and innovative approaches to support countries facing conflict and fragility. During the 2022 World Bank Group-IMF Spring Meetings, we discussed how to stay engaged during times of crisis and meet the challenges in new and innovative ways, along with our partners. World leaders came together to discuss how to best build resilience & manage uncertainty. Listen to the Spring Meetings highlights in a special series of The Development Podcast. Tell us what you think of our podcast here >>>. We would love to hear from you! Timestamps [00:00] Welcome and introduction of the topic [02:15] The case of Yemen: Crises, challenges, and solutions [06:03] How Colombia has been addressing the refugee crisis from neighboring Venezuela [10:15] How the international community can come together to assist the most vulnerable [19:44] How the private sector can play an essential role [28:14] Closure and thanks for tuning! Featured voices Maeen Abdulmalik SaeedAlejandra BoteroAxel van TrotsenburgHervé NdobaCatherine RussellMakhtar DiopDonald KaberukaMary Nazzal-Batayneh

The connection between development and climate change is increasingly clear: delivering on these together will require large-scale low-carbon and resilient investments. It will also require approaches that tackle the political economy of the low-carbon transition and help communities build long-lasting resilience to climate change. What are the investments needed to achieve a green, resilient and sustainable future? How can we unlock private finance for climate action? How are countries stepping up to the challenge? During the 2022 World Bank Group-IMF Spring Meetings, we explored the actions that are needed to create enabling environments, leverage different pools of capital at the right time, for specific needs, while involving communities and bringing them along in the global low-carbon, resilient transition. World leaders came together to discuss how to best build resilience & manage uncertainty. Listen to the Spring Meetings highlights in a special series of The Development Podcast. Tell us what you think of our podcast here >>>. We would love to hear from you! Timestamps [00:00] Welcome and introduction of the topic [02:10] COP27 & Egypt: Creating meaningful solutions for the future [07:56] How to make climate finance tangible and action-oriented [15:20] Private capital in supporting climate action [23:27] Transitioning economies, transforming climate [26:04] Closure and thanks for tuning! Featured voices Rania Al-MashatRhian-Mari ThomasNicholas SternMari PangestuMakhtar Diop ABOUT THE DEVELOPMENT PODCAST This international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Don't miss an episode! Listen and subscribe for free on your favorite platform. Tell us what you think of our podcast

The COVID-19 pandemic sent advanced and developing economies into starkly divergent paths—with advanced economies expected to recover fully by 2023 and developing economies expected to lag for years to come. Developing economies have nevertheless embraced innovative digital solutions that are enabling economic transformation and putting them on a path toward green, resilient, and inclusive growth. Private and public investment in digital solutions is bringing critical services to the poorest, creating jobs, strengthening small and medium businesses, enabling trade and services, and building resilience to shocks. At the same time, more than half the developing world remains digitally unconnected, and risks around privacy and cybersecurity are growing worldwide. During the 2022 World Bank Group-IMF Spring Meetings, we explored how countries can boost growth, productivity, inclusion and resilience as they recover by embracing private sector innovation coupled with enabling government policy. World leaders came together to discuss how to best build resilience & manage uncertainty. Listen to the Spring Meetings highlights in a special series of The Development Podcast. Tell us what you think of our podcast here >>>. We would love to hear from you! Timestamps [00:00] Welcome and introduction of the topic [02:48] The progress in Rwanda’s digital journey [12:45] Addressing the divides and opening digital opportunities [26:04] Closure and thanks for tuning! Featured voices Paul KagameMichael MiebachOmobola JohnsonDavid R. Malpass ABOUT THE DEVELOPMENT PODCAST This international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Don't miss an episode! Listen and subscribe for free on your favorite platform. Tell us what you think of our podcast here >>>. We would love to hear from you! ABOUT THE WBG-IMF SPRING MEETINGS 2022 Preparing for future crises and strengthening international cooperation are essential to deliver a resilient recovery and a better...