Meeting of the African Caucus August 6th Mahmoud Mohieldin Senior Vice President World Bank worldbank.

Similar documents
Reflections on the Global Economic Outlook

Building Resilience in Fragile States: Experiences from Sub Saharan Africa. Mumtaz Hussain International Monetary Fund October 2017

The Concept of Middle Income Countries through a Health Lens

The Sustainable Development Goals

5 SAVING, CREDIT, AND FINANCIAL RESILIENCE

1 ACCOUNT OWNERSHIP. MAP 1.1 Account ownership varies widely around the world Adults with an account (%), Source: Global Findex database.

ANNEX 2: Methodology and data of the Starting a Foreign Investment indicators

Prospects for achieving the sustainable development goals and the role of Islamic finance

The Changing Wealth of Nations 2018

Challenges and opportunities of LDCs Graduation:

Regional Economic Outlook for sub-saharan Africa. African Department International Monetary Fund November 30, 2017

Closing the Gap: The State of Social Safety Nets 2017 Safety Nets where Needs are Greatest

INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT BOARD OF GOVERNORS. Resolution No. 612

Argentina Bahamas Barbados Bermuda Bolivia Brazil British Virgin Islands Canada Cayman Islands Chile

FINANCIAL INCLUSION IN AFRICA: THE ROLE OF INFORMALITY Leora Klapper and Dorothe Singer

ANALYSIS OF THE LINKAGE BETWEEN DOMESTIC REVENUE MOBILIZATION AND SOCIAL SECTOR SPENDING

Perspectives on Global Development 2012 Social Cohesion in a Shifting World. OECD Development Centre

Demographic Trends and the Real Interest Rate

Improving the Investment Climate in Sub-Saharan Africa

Réunion de Reconstitution 14 th ADF Replenishment Meeting. Economic Outlook of ADF Countries

World Bank Lending to Borrowers in Africa by Theme and Sector Fiscal

Social Protection: An Indispensable Tool for a New Social Contract

Supplementary Table S1 National mitigation objectives included in INDCs from Jan to Jul. 2017

SURVEY TO DETERMINE THE PERCENTAGE OF NATIONAL REVENUE REPRESENTED BY CUSTOMS DUTIES INTRODUCTION

Charting the Diffusion of Power Sector Reform in the Developing World Vivien Foster, Samantha Witte, Sudeshna Gosh Banerjee, Alejandro Moreno

Key Activities of the WB/IFC Securities Markets Group. Global Capital Markets Development Department

Domestic Resource Mobilization in Africa

GEF Evaluation Office MID-TERM REVIEW OF THE GEF RESOURCE ALLOCATION FRAMEWORK. Portfolio Analysis and Historical Allocations

Appendix. Table S1: Construct Validity Tests for StateHist

Scale of Assessment of Members' Contributions for 2008

A S E A N. SDG baseline ZERO HUNGER QUALITY EDUCATION GENDER EQUALITY GOOD HEALTH AND WELL-BEING CLEAN WATER AND SANITATION NO POVERTY

Note on Revisions. Investing Across Borders 2010 Report

SECTION - 13: DEVELOPMENT INDICATORS FOR CIRDAP AND SAARC COUNTRIES

World Bank Group: Indira Chand Phone:

Introduction to the Global Financing Facility (GFF)

Executive summary. Universal social protection to achieve the Sustainable Development Goals

Paying Taxes 2019 Global and Regional Findings: AFRICA

TRENDS AND MARKERS Signatories to the United Nations Convention against Transnational Organised Crime

Household Debt and Business Cycles Worldwide Out-of-sample results based on IMF s new Global Debt Database

Fernanda Ruiz Nuñez Senior Economist Infrastructure, PPPs and Guarantees Group The World Bank

The cost of closing national social protection gaps

New Exchange Rates Apply to Agricultural Trade. 0. Halbert Goolsby. Reprint from FOREIGN AGRICULTURAL TRADE OF THE UNITED STATES April 1972

African Financial Markets Initiative

IBRD/IDA and Blend Countries: Per Capita Incomes, Lending Eligibility, and Repayment Terms

Ian Kirk, Sanlam Group CEO. 28 August 2017

Rapid Social Response Multi-Donor Trust Fund

IBRD/IDA and Blend Countries: Per Capita Incomes, Lending Eligibility, IDA Repayment Terms

Annex Supporting international mobility: calculating salaries

The world of CARE. CARE International Member Countries A Australia B Austria C Canada D Denmark. E France F Germany/Luxemburg G Japan H Netherlands

Universal Social Protection. to Achieve the SDGs

Rescuing the MDGs: Paying for results

Legal Indicators for Combining work, family and personal life

WILLIAMS MULLEN. U.S. Trade Preference Programs & Trade Agreements

World Meteorological Organization

Implementing the SDGs: A Global Perspective. Nik Sekhran Director, Sustainable Development Bureau for Policy and Programme Support, October 2016

STATISTICS ON EXTERNAL INDEBTEDNESS

SECTION - 13: DEVELOPMENT INDICATORS FOR CIRDAP AND SAARC COUNTRIES

Building resilience and reducing vulnerability in small states

EMBARGOED UNTIL GMT 1 AUGUST

The world of CARE. CARE International Member Countries A Australia B Austria C Canada D Denmark. E France F Germany/Luxemburg G Japan H Netherlands

Long Association List of Jurisdictions Surveyed for Which a Response Has Been Received

Figure 1. Exposed Countries

DIGITAL FINANCIAL INCLUSION OVERVIEW OF POLICY ISSUES

The world of CARE. CARE International Member Countries A Australia B Austria C Canada D Denmark. E France F Germany G Japan H Netherlands

Another Technological Revolution in the O&G Industry: A new Future for Onshore E&P. Ivan Sandrea Advisor to Petra Energia

United Nations Environment Programme

Report to Donors Sponsored Delegates to the 12th Conference of the Parties Punta del Este, Uruguay 1-9 June 2015

2012/13 THE LITTLE DATA BOOK ON AFRICA

TIMID GLOBAL GROWTH: THE NEW NORMAL?

Social Policy for Shared Prosperity Embracing the Future. How does your country compare?

WGI Ranking for SA8000 System

w w w. k u w a i t - f u n d. o r g

Capacity Building in Public Financial Management- Key Issues

Pension Patterns and Challenges in Sub-Saharan Africa World Bank Pensions Core Course April 27, 2016

MAXIMUM MONTHLY STIPEND RATES FOR FELLOWS AND SCHOLARS. Afghanistan $135 $608 $911 1 March Albania $144 $2,268 $3,402 1 January 2005

International Comparison Programme Main results of 2011 round

WHAT WILL IT TAKE TO ERADICATE EXTREME POVERTY AND PROMOTE SHARED PROSPERITY?

April Food and. Agricultura. Organization of the United Nations. Hundred and Forty-fourth Session. Rome, May 2012

2 Albania Algeria , Andorra

CARE GLOBAL VSLA REACH 2017 AN OVERVIEW OF THE GLOBAL REACH OF CARE S VILLAGE SAVINGS AND LOANS ASSOCIATION PROGRAMING

Request to accept inclusive insurance P6L or EASY Pauschal

Biennial Programme of Work of the Executive Board ( )

Third Working Meeting of the Technical Advisory Group (TAG) on Population and Social Statistics

Growth with structural transformation: A post-2015 development agenda

FINANCIAL COOPERATION

Fiscal Policy Responses in African Countries to the Global Financial Crisis

PROGRESS REPORT NATIONAL STRATEGIES FOR THE DEVELOPMENT OF STATISTICS. May 2010 NSDS SUMMARY TABLE FOR IDA AND LOWER MIDDLE INCOME COUNTRIES

ISLAMIC DEVELOPMENT BANK PROGRESS REPORT ON THE ACTIVITIES OF THE ISLAMIC SOLIDARITY FUND FOR DEVELOPMENT (ISFD)

2019 Daily Prayer for Peace Country Cycle

Background Note on Prospects for IDA to Become Financially Self-Sustaining

GENDER RESPONSIVE BUDGETING

Innovation for Financial Inclusion: Indonesia s Perspective

Determinants of the Progress of Countries on the Millennium Development Goals* Asma Zubair** 1

Living Conditions and Well-Being: Evidence from African Countries

Hoi Wai Cheng, Dawn Holland, Ingo Pitterle

Calibrating the 2018 Social Progress Index to the Sustainable Development Goals

The State of the World s Macroeconomy

Financial Development, Financial Inclusion, and Growth in Africa

Islamic Development Bank April 3, Mahmoud Mohieldin Senior Vice President World Bank worldbank.org/sdgs

MEASURING INCOME AND MULTI-DIMENSIONAL POVERTY: THE IMPLICATIONS FOR POLICY

Transcription:

Meeting of the African Caucus August 6th 2018 Mahmoud Mohieldin Senior Vice President World Bank Group @wbg2030 worldbank.org/sdgs

Global Megatrends and Challenges Demographic transitions Urbanization Source: World Bank Forward Look, September 2017 Fragility and Violence Climate and resources Commodity cycles Technological disruptions Shifts in the global economy Renewed debate about globalization

1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 2025 Demographic and urbanization trends pose opportunities and challenges Four major demographic groups define population trends The world has experienced a demographic turning point Percent of total population that is working age 70 World 65 60 Source: World Bank Global Economic Prospects, 2018 55 Proportion of population living in urban areas, 1960-2011 Proportion of urban population living in slums, 1990-2010 Source: World Bank Global Monitoring Report, 2016

Over 40% of Africa s population is under the age of 15 World Africa Source: staff calculations from World Bank WDI 0% 20% 40% 60% 80% 100% Population under age 15 Population over age 15

The displacement crisis risks undoing hardfought development achievements The global forcibly displaced population The crisis primarily affects the developing world Source: World Bank Forcibly Displaced Report, 2017 Source: World Bank Global Economic Prospects, 2018

Climate change risks undoing development progress The number of disasters and losses has been rising. Development progress needs to integrate resilience to avoid undoing hard fought development gains Global disaster losses, 1980 2012 Index of risk preparation across countries Process of integrating climate resilience into development Source: World Bank Building Resilience report, 2013

Commodity cycles exacerbate global economic volatility Commodity price indexes, monthly Commodity price indexes, annual Source: World Bank Commodity Markets Outlook, 2018

The current rate of technological advancement is unprecedented

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2012 2013 2014 2015 2016 2017 2018 2019 2020 Global growth, trade, and investment flows Percent 8 Global Growth World Advanced economies EMDEs Percent 5 Global trade and investment growth, volumes Trade Investment 6 4 4 3 2 2 1 0 0 Source: World Bank Global Economic Prospects, June 2018

The economic center of gravity is shifting east The world s economic center of gravity, 1980 2016, in black, at three-year intervals Evolution of the earth s economic center of gravity: 1 CE to 2025 1980 1989 2007 1998 2016 2049 Source: Danny Quah, 2011 Source: McKinsey Global Institute, 2012

MDG 1.1 - Extreme Poverty MDG 1.9 Undernourishme nt MDG 2.1 - Primary Completio n MDG 3.1 - Education Gender Parity MDG 4.1 - Under-5 Mortality MDG 4.2 - Infant Mortality MDG 5.1 - Maternal Mortality MDG 7.8 - Improved Water MDG 7.9 - Improved Sanitation How did African countries fare on the MDGs? Developing Countries 36 7 7 14 58 23 AFR 4 3 2 0 35 8 Developing Countries 67 5 2 12 40 19 AFR 15 5 1 6 18 7 Developing Countries 15 3 11 20 88 8 AFR 3 0 5 10 33 1 Developing Countries 6 9 23 28 77 2 AFR 2 2 6 9 33 0 Developing Countries 38 18 16 37 34 2 AFR 10 6 7 12 17 0 Developing Countries 67 10 7 11 28 22 AFR 17 5 7 6 5 12 Developing Countries 40 12 11 17 40 25 AFR 8 3 7 7 17 10 Developing Countries 35 8 4 13 52 33 AFR 13 2 2 9 19 7 Developing Countries 71 11 7 2 27 27 AFR 11 7 5 1 21 7 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Target Met Sufficient Progress Insufficient Progress Moderately Off Target Seriously Off Target Insufficient Data Source: Staff calculations from World Bank WDI, 2018

The SDGs present a major opportunity for transformation MDGs (2000-2015) SDGs (2016-2030) Goals/ Targets/Indicators 8/21/60 17/169/~230 Priority Areas Human Development Holistic: Economic, Social, Environmental Scope Developing Countries Universal Global development agendas serve as a guide for countries to determine their national development path

Countries present their SDG implementation plans at the High Level Political Forum Financing 15 10 5 0 Yes Some No Yes Concept No Budget in HLPF Incorp into natl budget Data 8 6 4 2 0 Yes Concept No Yes Some No Integrate SDGs into nat'l monitoring Review of state of data Source: Preliminary staff analysis of 2016-2018 VNR country reports

How are African countries progressing on the SDGs? SDGs 1 and 2 SDGs 6 and 7 45% 40% 39% 100% 90% 88% 87% 35% 30% 25% 20% 15% 10% 5% 0% 17.7% 10.9% 10.7% Poverty headcount ratio - $1.90 Prevalence of undernourishment 33% 22% Prevalence of stunting 80% 70% 60% 50% 40% 30% 20% 10% 0% 68% 63% 52% 38% Basic water Basic sanitation Access to electricity SDG 1 SDG 2 Africa World SDG 6 SDG 7 Africa World Source: Staff calculations from World Bank WDI, 2018

Extreme poverty Undernourishment Children obesity overweight Stunting Wasting Maternal mortality Child mortality Family planning Primary school Pre-primary Violence against women Gender equal. In leadership (P) Water Sanitation Electricity Birth registration Share of lives (and needs) at stake on each absolute indicator Top 5 country for relevant indicator Country is not in Top 5 Country is on track for SDG No data (P) Proxy target Nigeria 25% 5% 5% - 10% 34% 30% 8% 3% 6% 6% 10% 7% 25% India - 26% 15% 33% 21% 3% - 20% - 41% 23% 25% 14% 26% - - Congo, Dem. Rep. 15% 2% 5% 3% 11% 12% 3% - 7% 2% 3% 10% 5% 15% 15% Pakistan - 6% <1% 6% 8% 1% 14% 5% 10% 2% 4% 4% 5% 2% - 10% China - 6% 12% 5% 3% - - 3% - - 12% 15% - 8% - Ethiopia - 4% 2% 6% 4% <1% <1% <1% 15% 2% 3% - 9% 6% 4% 15% Uganda 2% 6% 1% 2% <1% 2% - 1% 13% 4% <1% <1% 6% 3% 5% Indonesia - - 4% 3% 6% - - 3% - <1% 3% 3% - 2% - - United States - - 4% <1% <1% - - 3% 3% 2% 4% <1% <1% - - Bangladesh - 3% <1% 2% 3% - - 2% - 2% 3% 2% <1% 3% - 7% Mozambique 3% 1% 1% <1% <1% 2% <1% 1% 6% <1% <1% 2% 1% 4% Sudan 2% <1% 2% 2% 1% 3% 2% 9% <1% <1% <1% 2% 1% 5% - Brazil - - 4% <1% <1% - - 1% - 2% 4% - <1% - - Chad 2% <1% <1% <1% <1% 2% 4% <1% 4% <1% <1% 2% <1% 3% 3% Cote d'ivoire <1% <1% <1% <1% <1% 3% 3% 1% 1% 2% <1% <1% 1% 1% 1% <1% Madagascar 5% 4% <1% 2% 3% <1% - 1% 2% 1% <1% <1% 2% 2% 4% <1% Malawi 2% 2% <1% <1% <1% 3% - - - <1% <1% <1% <1% 4% - Mexico - <1% 2% <1% <1% - - 2% - 3% 1% - - - - <1% Niger 2% <1% <1% 2% 3% 2% 3% <1% - 2% <1% <1% 3% 1% 5% - Somalia 2% <1% <1% 2% 2% 4% <1% <1% <1% 1% 1% 2% South Sudan 4% <1% <1% <1% 2% 1% <1% <1% <1% 2% Tanzania 2% 3% 1% 2% 1% 2% 2% 1% - 3% 1% <1% 4% 3% 4% 6% Other countries 36% 33% 42% 26% 25% 27% 22% 40% 40% 26% 35% 32% 32% 24% 35% 19% Source: John McArthur Presentation to the World Bank, July 2018

Life-and-death targets: forty million lives at stake, cumulative 2018-2030 Non-communicable disease (under 70) 25.7 Children (under 5) 9.1 Suicide Homicide (P) Maternal mortality Traffic deaths 1.8 1.5 1.3 1.1 0 5 10 15 20 25 30 Millions of lives at stake Note: (P) = Proxy target Source: John McArthur Presentation to the World Bank, July 2018

Data availability is a challenge, even for Canada 20 Seventy-eight of 169 SDG targets describe potentially assessable outcomes for Canada 15 10 5 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 Quantified SDG target Canadian national target Proxy target Not able to assess Source: Counting who gets Left Behind Brookings report, 2018

What is really meant by no one left behind?

GINI index - Africa A Gini index of 0 represents perfect equality A GINI index of 100 implies perfect inequality The more blue the color, the more unequal the country Source: Indexmundi, sourced from the World Bank, 2018

Financial inclusion enables people to better prepare for their futures and mitigate against unexpected shocks Source: The Global Findex Database 2017

Financial inclusion tends to be lower for women, people in rural areas, with less education, and outside formal labor markets Financial inclusion World Africa 0% 20% 40% 60% 80% Account, rural (% age 15+) Account, female (% age 15+) Account (% age 15+) Source: The Global Findex Database 2017

SDG5: Achieve gender equality and empower all women and girls Gender is multidimensional: More than 600 Million Women in Africa (total population 1,2 billion) speaking up to 2,000 different native languages. Maternal deaths in sub-saharan Africa have fallen by 44 percent African countries made significant progress increasing gender equality in primary enrolment Focus on Women in Africa Progress on many fronts

Despite these gains, African women continue to face some grim facts: Economic exclusion Gender wage gaps Fragility and armed conflicts Gender-based violence (GBV) Focus on Women in Africa..but still a long way to go

Focus on Women in Africa..but still a long way to go Source: SDG Atlas 2018

Source: The Changing Wealth of Nations, World Bank, 2018 The Changing Wealth of Nations: Beyond GDP Measuring changes in wealth allows us to monitor the sustainability of development, an urgent concern for all countries, and a critical, yetto-be-defined indicator for the SDGs

The Changing Wealth of Nations: Beyond GDP Regional Composition of Wealth, 1995 and 2014 Source: The Changing Wealth of Nations, World Bank, 2018

Global Losses in Wealth from Gender Inequality Source: World Bank report Unrealized Potential: The High Cost Of Gender Inequality In Earnings, 2018

Regional integration for Africa's economic transformation: Corridors, Convergence, Collective Action Source: A Close Embrace article by Vijay Pillai, 2018

World Bank s work on gender Africa Region s Gender Innovation Lab (GIL) currently working on more than 40 impact evaluations in 20 countries across Sub- Saharan Africa; Engender IMPACT database compiles all gender-related impact evaluations led or supported by WBG. 99% of World Bank lending to African countries took gender into consideration. Gender is a special theme of International Development Association (IDA) providing close to $50 billion in credits and grants to the poorest countries between 2011 and 2014 many of which are in Africa.

IDA18 Recognizing that closing gaps between women and men, boys and girls can help set low-income countries on a sustainable path toward more diversified economies, higher levels of productivity and better prospects for the next generation, IDA Deputies have made gender equality a Special Theme starting in IDA16. Increasing Ambition IDA16 IDA17 IDA18 Established a monitoring framework to track basic gender mainstreaming and setting targets for country dialogue and specific sector strategies Comprehensive alignment of corporate processes, committing to specific initiatives e.g. the development of a new corporate-wide Gender Strategy and setting targets for deepened country dialogue Raises the bar by defining and adopting a set of commitments clustered around the Gender Strategy objectives that are operational, action-oriented and resultsfocused, and by working to accelerate progress

Strengthening country engagement Country level action has been strengthened to better support the implementation of the gender strategy. New platforms established Regional Gender Action Plans developed Gender tag Data and Evidence

The Human Capital Project How much human capital will a child born today acquire by the end of secondary school, given the risks to health, education and social protection that prevail in the country where she was born? Three main indicators, reflecting building blocks of the human capital: 1. Survival Will kids born today survive to school age? 2. School How much school will they complete and how much will they learn? 3. Health Will kids leave school in good health and be ready for further learning and/or work?

This is a tentative and evolving list of countries that have expressed interest early, pending confirmation requested this month from governments. Jamaica Costa Rica Morocco Senegal Sierra Leone Tunisia Georgia Turkey Lebanon Jordan Egypt Ukraine Uzbekistan Iraq Pakistan Kuwait Bhutan UAE Saudi Arabia Ethiopia Cambodia Philippines Peru Rwanda Kenya Malawi Indonesia Papua New Guinea Lesotho

The Women Entrepreneurs Finance Initiative (We-Fi) Support from 14 governments; We-Fi already raised over $340 million We-Fi recently announced its first round of funding; expected to mobilize over $1.6 billion in additional funding from an allocation of $120 million Investing in people through nutrition, health care, quality education, jobs and skills helps build human capital

The objectives of the SDGs&Her initiative are to recognize women implementing the SDGs, including women business owners of microenterprises The competition reached over 4000 women microentrepreneurs, over 1200 of whom submitted their entries The top winners will be recognized at an event at the 2018 UN General Assembly High-Level Week in New York.

worldbankgroup.org/sdgs Follow us on twitter @WBG2030 Mahmoud-Mohieldin on Mahmoud Mohieldin Senior Vice President World Bank Group @wbg2030 worldbank.org/sdgs