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With 189 member countries, staff from more 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. The World Bank Group works in every major area of development. We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face. We face big challenges to help the world’s poorest people and ensure that everyone sees benefits from economic growth.
Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. Without an urgent and concerted global effort to build human capital, people are in danger of being excluded from future prosperity. The World Bank Group is committing to help countries prioritize human capital in a sustained way. This month’s Development Finance Forum will focus on driving private finance in three specific sectors: agribusiness, housing finance and tourism.
Afro-descendants have increased in recognition in Latin America but gaps persist in access to education and employment. Farmer-led irrigation is a revolution already in progress that has the potential to positively change the fate of millions of smallholder farmers. Despite its importance, enrollment in pre-primary education is not universal. How are income and logistics performance related?
Over two billion people cannot afford surgery if they needed it today, and, of those who get surgery every year, an estimated 33 million of them will undergo financial hardship from its direct costs—81 million when the ancillary costs of care like transportation and food are included. The cost of surgery, then, is not just a barrier to care. It can cause toxic, downstream side effects.