The Government of Nepal and the World Bank signed two separate agreements today to improve employment services and labor market outcomes for Nepali youth and continue support for the government's flagship School Sector Development Program.
The World Bank estimates that the impacts of climate change- such as more frequent natural disasters, droughts, floods, and food price spikes- could push an additional 100 million people into poverty by 2030.
The World Bank recently said from 1998 to 2008 the Cambodian economy enjoyed an average expansion of its gross domestic product(GDP) of eight per cent due to the strong export and tourism sectors.
The World Bank has described 2017 as“much stronger than expected[4]”, while the International Monetary Fund(IMF) believes that“the world economy continues to show broad-based momentum[5]”.
To improve prospects for economic growth, the World Bank recommends increasing investments in physical infrastructure and education, improving labor productivity to match rising private sector wages, and promoting vocational and technical skills.
The WORLD BANK underscored that the CDM sends a price signal for carbon, and called for, inter alia, simplifying the project cycle, streamlining programme activities and standardizing MRV procedures.
The Bank projects that removing energy subsidies would reduce carbon emissions in India by 14 percent, in Indonesia by 11 percent, in Russia by 17 percent and in Venezuela by 26 percent.
The World Bank has predicted that India's economy will grow at over 6 per cent in financial year 2014-15 and 7.1 percent by financial year 2016-17 as global demand recovers and domestic investment increases.
The Bank is also an active member of the Scaling Up Nutrition movement and supports the SecureNutrition Knowledge Platform, which aims to improve nutrition through agriculture investments.
In a surprising move at the International Monetary Fund and World Bank spring meetings, chief economists Pinelopi Goldberg and Gita Gopinath announce their intent to stop measuring GDP.
The World Bank identifies around 200 economies in the world, but on the consumption side, at least, only a handful are individually important for market analysis.
The World Bank estimates that if we have a worldwide flu epidemic, global wealth will go down by over three trillion dollars and we would have millions and millions of deaths.
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