Agriculture mostly extracts a larger portion of water usage in the Middle East and North Africa than the world average, yet industrial uses are mostly far below the world average.
openknowledge.worldbank.org/entities/publi
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Susan Lund
@SusanLund_DC
Economist, private sector development (plus Peace Corps, book-lover, scuba diver, mom). Now VP at International Finance Corp, part of World Bank Group.
Susan Lund’s Tweets
The Middle East and North Africa is the most water scarce region in the world, yet #desalination has only achieved scale in a few countries.
Instead, unsustainable ground water extraction from aquafers that slowly replenish remains prominent.
openknowledge.worldbank.org/entities/publi
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In #Kenya, 12% of the adult population is enrolled in a pension plan, totaling ~$15 bn.
Find out how & are channeling this untapped resource toward development projects while generating attractive returns:
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Russia’s rising energy sales to China and India have not offset its lost exports to Europe, finds
Revenues for lithium, copper, cobalt and nickel producers could rise four-fold, to reach #NetZero. The cumulative value of global production could be $13T between 2021 and 2040, equivalent to the forecast global #oil production over the same period.
economist.com/the-americas/2
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#India and #Indonesia are forecast to be the fastest-growing top-20 economies over the next 5 years, according to the &
economist.com/international/
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Asia will contribute to nearly 70% of global growth this year, forecasts .
The reopening of China and ensuing surging consumption is boosting growth across the region despite weaker demand from the rest of the world.
imf.org/en/Blogs/Artic
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The gap between global #remittance inflows and outflows partially indicates the lingering preference of informal financial transfers, such as Hawala, typically because of lower fees, more favorable exchange rates, or better accessibility.
openknowledge.worldbank.org/entities/publi
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Migration leads to large wage increases, better living conditions, and ability to invest for most people whose skills and attributes are a strong match with the needs of the destination society.
openknowledge.worldbank.org/entities/publi
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In many high-income OECD countries, over half of foreign-born people have been naturalized
Read this year World Development Report below:
openknowledge.worldbank.org/entities/publi
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The Government of , , , and estimated Ukraine’s recovery cost at $411bn.
Thank you , , , , for hosting the #UkraineReconstruction conference to support this effort. #IFC4Ukraine
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Border thickness, which captures the additional costs incurred when trading with neighbors versus domestically, suggests that intraregional trade in Latin America faces stiflingly high barriers. #EconTwitter
openknowledge.worldbank.org/entities/publi
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Global economic growth is expected to remain around 3% over the next 5 years, the lowest medium-term growth projection since 1990 and well below the average 3.8% from the past two decades. #econtwitter
imf.org/en/Blogs/Artic
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Beef is the most carbon intensive food, no matter how you slice it.
New graphic compares the #carbon footprint of meat and vegetarian foods, relative to the #emissions of ... a banana!
economist.com/graphic-detail
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The #BankingOnWomen initiative, in partnership with the foundation, is one of ’s flagship platforms to invest in women - mobilizing over $4B.
Listen to , , and discuss gender in development:
open.spotify.com/episode/7cPaCU
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Show this thread
Today, we’re celebrating 4 years of the #ImpactInvesting Principles and a network that has grown from 60 to over 170 organizations, representing 39 countries.
Watch to see how the signatories are delivering social, environmental, and financial outcomes. #ReshapingDevelopment
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Climate change's impact on agriculture in Latin America is enormous.
By 2050, ag growth in will be 5 percentage points lower than it would have been without climate change. The region’s population, meanwhile, is expected to swell by 14% by 2056.
economist.com/the-americas/2
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Two decades since regaining independence, a state-of-the-art port in Timor-Leste at Tibar Bay is the country's first public-private partnership, creating 500 jobs & providing greater access to lucrative shipping lanes - a watershed moment for its economy.
ifc.org/wps/wcm/connec
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China has reopened, as mobility indicators have returned to and surpassed pre-pandemic trends, but retail sales have yet to converge.
This is especially important for the East #Asia and the Pacific, where exports are heavily directed towards #China.
imf.org/en/Publication
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Manufacturing output and business activity is stronger in #EmergingMarkets than Advanced Economies, indicating nascent signs of global economic stabilization.
imf.org/en/Publication
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75% of global emissions are originating in emerging and frontier markets, as OECD countries reduced emissions by some 11% over the past 20 years.
The World Emissions Clock by is a fantastic new tool to visualize #emissions.
brookings.edu/blog/future-de
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Engaging panel yesterday on tackling crises & building resilience in #SmallStates. The is stepping up to give extra support to small states. Thanks to Bhutan Minister , Governor Antoine of , , , & others.
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Income inequality declined more in mineral rich than fossil fuel rich African economies during last decade's resource boom.
Investing resource proceeds in human capital is key for reducing income #inequality.
openknowledge.worldbank.org/entities/publi
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80% of advanced economies and 75% of EMDES experienced slower average annual growth during 2011-21 than 2000-10.
This synchronous tepid growth is attributed to slower Total Factor Productivity, labor supply, and investment growth
#EconTwitter
worldbank.org/en/research/pu
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As we head into this year’s Spring Meetings, mobilizing more private capital for development is a priority. In the first quarter 2022, mobilized $2 billion for projects that support economic inclusion. This slide show illustrates the kind of projects in which we invest.
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Less than 7% of microenterprises in #Africa use smartphones and computers for business, while 71% see no need for them.
A recent - study found that those who use them reported higher productivity and sales.
Learn more: wrld.bg/y0iZ50NC5hQ
#IFCInsights
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More than half of the 62 loans doled out by Chinese commercial banks in Latin America between 2007 and 2021 have gone to #Argentina!
economist.com/the-americas/2
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The recovery in #EmergingMarkets
investment from the 2020 global #recession is expected to be markedly less robust than after the global recession of 2009.
worldbank.org/en/research/pu
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Around 27% of emerging market sovereigns currently have spreads on yields compared to equivalent US Treasuries of above 9 percentage points, impairing #EmergingMarkets from raising funds in high-yield debt markets.
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Since 2014, only 20% of the 2 million tons of e-waste generated each year was collected and recycled
On this #ZeroWasteDay, learn about 's investments in global urban mining and recycling:
wrld.bg/fsUG50MpUHH #ZeroWasteDay #IFCWasteManagement
GIF
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#BigTech is playing an increasingly outsized role in the global growth of alternative credit, outpacing traditional #FinTech firms since 2018.
openknowledge.worldbank.org/entities/publi
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The reaffirmation of 's AAA credit rating reflects our ability to support high quality private sector projects in the world's most challenging markets, while balancing an extremely strong risk profile.
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Proud to announce that IFC’s AAA credit rating has been reaffirmed by @SPGlobalRatings. This achievement comes amidst higher @IFC_org lending during challenging times for the world and highlights the crucial role the private sector plays in development. wrld.bg/TSVq50NsK5y
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Global portfolio investments decreased by 15% in the first half of last year, the most since 2008. Heightened energy prices, geopolitical and #inflation risks, and tightening #MonetaryPolicy have dampened 2/3 of global positions in the past 6 months.
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The number of towns and cities in Africa has more than doubled from ~3,300 (1990) - ~7,700 (2015). These urban areas are clustering together, reflected by the declining median distance between urban areas.
economist.com/middle-east-an
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I’m proud to share that the Women Entrepreneurs Opportunity Facility –a partnership between 10,000 Women and – has financed more than 164,000 women entrepreneurs, distributed over $4.5 billion in 55 countries, and eclipsed the original target 100,000 women!
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Towns and smaller cities, rather than megalopolises, are driving #Africa’s urbanization.
60% of the Africa’s urban population lived in towns and cities that had fewer than 1m inhabitants in 2015.
economist.com/middle-east-an
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Rising interest rates are dragging down global housing prices.
As a rule of thumb: every 1 percentage point increase in real #InterestRates slows the pace of house price growth by about two percentage points.
imf.org/en/Blogs/Artic
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