“The poor are being left behind” – David Malpass

PLUS: The World Bank at UNGA 76.

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Development in a Time of Upheaval: Speech by World Bank Group President David Malpass In his speech leading-up to the Annual Meetings, World Bank Group President David Malpass stressed that the poor are being left behind in a global tragedy of inequality. The speech, delivered in Khartoum, Sudan and titled “Development in a Time of Upheaval,” emphasized the need to focus on four key areas to promote sustainable growth and prosperity: achieving economic stability, leveraging the digital revolution, making development greener and more sustainable, and investing in people. WATCH REPLAY

Editor's Pick

World Bank senior leadership engagement at the United Nations General Assembly The World Bank Group was proud to join leaders from around the world at UNGA 76 to discuss the most pressing development issues facing countries and people around the globe today – from the ongoing COVID-19 pandemic and equitable access to vaccines in developing countries, to ensuring food security and access to clean and reliable energy for every person on the planet, and sustainable job creation and social protection. SEE ALL ENGAGEMENT

The $10 trillion question: How to feed an additional 2 billion people by 2050  The world’s food systems have a market value of around $10 trillion per year, while generating between $6 trillion and $12 trillion annually in hidden social, economic and environmental costs. Costs linked to animal extinction, malnutrition, pollution, foodborne illness - and more - will continue to rise under a business-as-usual scenario as we feed a growing global population. World Bank Vice President Juergen Voegele explores the need for food systems to become more regenerative, resilient, and inclusive, while increasing food supply for an additional two billion people by 2050. READ MORE

Blog

Will it work? Developing economies bet on service industries for growth Countries at all levels of industrialization and income can exploit transformative opportunities from services. In the past three decades, the services sector has grown faster than manufacturing in many developing economies. In his latest blog, World Bank Vice President for Equitable Growth, Finance and Institutions Indermit Gill looks at the trend of developing nations redirecting their focus to the services sector to catch up with their developed counterparts and asks: Will this shift work? READ BLOG

Virtual Events and Broadcast Series

	EVENT: TODAY - Launch of the Worldwide Bureaucracy Indicators The Worldwide Bureaucracy Indicators (WWBI) is a cross-national dataset on public sector employment and wages, representing the most comprehensive data set of its kind - with 192 indicators from 200 countries. Join us live at 10am EDT/2pmUTC to learn more. REGISTER HERE

	PODCAST: Tell me how: Speedy delivery, lower costs when ports go digital This episode of the Tell Me How Podcast discusses digitalization of maritime shipping - focusing on benefits, in terms of faster and better service, regulatory changes needed to advance digitalization, the types of jobs that would be created, and, importantly, the need for good cybersecurity measures. LISTEN NOW

In The News

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During #UNGA, @WorldBank and @IFC_org senior leadership were fully engaged with @UN and world leaders to discuss the most pressing development issues, including vaccines, food security, energy, jobs & social protection. Here are the highlights.

Did you know that the pandemic widened existing social and economic gaps between men and women? On October 11th, we will kick off the World Bank Group / @International Monetary Fund Annual Meetings with a discussion on economic growth. Post your questions on the event page and join the conversation! http://wrld.bg/U0Ar50Gi0N0 #Growth4All

Data Viz

Strengthening data use in countries in West Africa

Data can improve lives when it is effectively used to generate insights and inform decisions. As the pandemic created an unprecedented, urgent need for good quality, timely data around the world, it also created an urgency to strengthen broad capacity and embrace a culture of data use to enable the public to understand and combat the virus effectively. In an effort to address this need, the World Bank worked with national statistical agencies, civic media and civil society organizations, and universities in Cameroon, Nigeria, and Senegal, to help them turn data into actionable information. LEARN MORE

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