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Myanmar Revises Poverty Measure to Reflect Needs of Population in 2015

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The Deputy Minister for Planning and Finance H.E. U Set Aung joined the World Bank Vice President for East Asia and Pacific Ms. Victoria Kwakwa in a launch event for the second volume of the Myanmar Poverty Assessment

The new report, jointly produced by the Ministry of Planning and Finance and the World Bank using the 2015 Myanmar Poverty and Living Conditions Survey, is the second of the two-part Myanmar Poverty Assessment, which recommends a revision and rebasing of poverty estimates to reflect changing consumption patterns in Myanmar. The revised poverty measures used in Myanmar include durables such as mobile phones and updated calorie estimates courtesy of the Ministry of Health and Sports.

Consistent with the findings of the first assessment, poverty has declined significantly since 2004, falling from an estimated 48.2 percent to 32.1 percent in 2015. Using the new measures, some 15.8 million people live in poverty in Myanmar.

 “Having a more detailed understanding of the characteristics and profiles of those most in need and the constraints they face enable us to prepare appropriate responses – and help reduce poverty for everyone in Myanmar,” said U Maung Maung Tin, Director-General, Planning Department of Ministry of Planning and Finance.

Poor households tend to have fewer working age adults and more dependents, and fewer resources that can generate income, such as land or farming tools. The extreme poor are disproportionately in the agriculture sector as casual laborers or as small holder farmers, and have few alternatives for income.

The report highlights the economic impact of health and weather related shocks, estimating that half the country suffered from such shocks over a twelve-month period and 4 percent of potential work days were lost due to ill-health. Coping strategies such as reducing spending on food or adding more debt can impact the families’ ability to bounce back and ultimately affect long-term growth.

“Now with a better understanding and consensus on the levels and distribution of poverty in Myanmar, the World Bank is in a better position to support Myanmar’s efforts to reduce poverty and promote inclusive growth for all.” said Victoria Kwakwa, World Bank Vice President for East Asia and the Pacific. “Inclusion so that growth and opportunities benefit the poor and near-poor is critical for peace and prosperity.”

The poverty assessment is part of a series of analytical works outlined in the Country Partnership Framework (CPF), the World Bank Group’s first full strategy for Myanmar in 30 years. The strategy supports reforms that promote growth in rural areas, invests in services that work towards better nutrition, health, education, infrastructure, and more jobs.

WTO, World Economic Forum and eWTP launch joint public-private dialogue to open up e-commerce for small business

A new initiative designed to drive public-private dialogue on e-commerce was launched today (11 December) by the World Trade Organization, the World Economic Forum and the Electronic World Trade Platform (eWTP). The initiative, entitled ‘Enabling E-commerce’, aims to bring together leading voices from governments, businesses and other stakeholders to begin a high-level conversation on e-commerce policies and practices that can benefit small businesses.

The launch event took place in Buenos Aires, on the margins of the WTO’s 11th Ministerial Conference. Director-General Roberto Azevêdo was joined by Jack Ma, Executive Chairman of Alibaba Group, representing the Electronic World Trade Platform (eWTP), and Rick Samans, Head of Global Agenda, Member of the Managing Board, World Economic Forum.

E-commerce is a growing force in global trade and has the potential to make the world economy more inclusive by creating opportunities for micro, small and medium-sized enterprises (MSMEs) and expanding choice for consumers. However, for MSME engagement in e-commerce to grow rapidly worldwide, reforms to industry practices and government policies are needed.

The Enabling E-commerce initiative will provide an opportunity for stakeholders to develop a clearer understanding of how to enable MSME e-commerce around the globe. It will also encourage research and knowledge sharing on the practical challenges faced by MSMEs and serve as a bridge between global e-commerce practice and policy.

DG Azevêdo said: “There has been a groundswell of interest in e-commerce at the WTO – and in its potential to lift up small businesses around the world. The vibrant debate on these issues has shown the desire of many WTO members to bridge the digital divide, and to gain a deeper understanding of the challenges and opportunities of e-commerce. The Enabling E-commerce initiative will therefore provide a valuable resource – bringing a range of stakeholders together to further explore these issues. I want to thank the World Economic Forum and eWTP for this initiative.”

Jack Ma said: “The Enabling E-commerce Initiative envisions a world where small businesses, young people and developing countries can succeed in the global marketplace. The problem with globalization is that its benefits have not been made available to all. We cannot stop globalization, we must improve it. If business and government work together, we can create a more inclusive trade model to expand the benefits of globalization to those who have been left behind.”

Richard Samans said: “We have an opportunity to harness innovation to create a more inclusive global economy. As the international organization for public-private cooperation, the World Economic Forum will work with WTO and eWTP to bring all interested stakeholders together to deepen understanding of how to facilitate cross-border ecommerce for small business.”

The initiative will start its work early in 2018, with a high-level meeting at Davos in January. This will be followed up by other conversations, including a major event in Geneva later in the year.

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Strengthen Inclusion and Empower the World’s Invisible Billion

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The World Bank announced today the launch of the second Mission Billion Challenge for innovative solutions to increase inclusion and access to digital platforms such as identification systems. This challenge will crowdsource innovations at a time when countries seek to deliver cash relief to vulnerable persons, such as informal workers affected by the COVID-19 pandemic. The Challenge offers cash prizes totaling US$150,000 for the most promising solutions.

“The challenges countries are facing to mitigate the economic impact of COVID-19 underscore the urgency for action. Innovation that takes into consideration gender equality and different levels of access to technology among vulnerable groups is critical,” said World Bank Vice President for Infrastructure Makhtar Diop, “The Mission Billion Challenge is a platform for sourcing solutions that address disparities by helping to ensure identification systems are inclusive of all people.”

The Mission Billion Challenge comes at a time of an unprecedented global crisis. The pandemic highlights the importance of platforms (such as foundational IDs, government to person (G2P) payments, and social registries) to quickly scale up or to introduce new social protection programs. In particular, countries with such assets have been able to efficiently make cash transfers to informal workers, migrant workers, and other vulnerable populations who are difficult to identify and not commonly included in social safety nets. The Challenge seeks more solutions to how countries can increase their efforts to reach women and girls, and vulnerable populations—who often lack smartphones, computers and broadband internet access—to prove who they are, remotely with no or minimal in-person interaction, so they can access services and benefits with minimal risks to health.

 “Inclusion must be at the heart of all digital solutions. Vulnerable groups—such as the poor, people living in remote areas, women and girls, migrants and refugees—are more likely to face barriers to accessing and using their IDs. They must have equal access to services, support, and new economic opportunities which having an ID helps create,” said World Bank Vice President of Equitable Growth, Finance, and Institutions Ceyla Pazarbasioglu. 

The 2020 Mission Billion Challenge offers a Global Prize for solutions with world-wide application to ensure the inclusivity of ID systems for vulnerable groups, particularly during physical distancing requirements. This year, a new Regional West Africa Prize, will seek innovative solutions that facilitate contributions to social insurance programs, such as pensions and savings accounts, by informal sector workers.

Individuals and organizations with a strong passion for developing innovative solutions are encouraged to apply. Submitted solutions to the Challenge will be reviewed by a group of experts in digital identification, inclusion, and international development. Finalists will be invited to a high-level event to present their solutions in front of distinguished judges around the World Bank Group’s Annual Meetings in October 2020.

The Mission Billion Challenge is open. The submission deadline is August 14, 2020. To learn more about the Challenge, visit: http://id4d.worldbank.org/missionbillion.

About the Identification for Development (ID4D) Initiative

The World Bank Group’s Identification for Development (ID4D) Initiative helps countries realize the transformational potential of digital identification. ID4D is a cross sectoral initiative that works closely with countries and partners to enable all people to exercise their rights and to access services, including to provide official identification to the estimated 1 billion people currently without one. ID4D has three pillars of activity: country and regional engagement; thought leadership; and global convening and platforms. The ID4D agenda supports the achievement of the World Bank Group’s two overarching goals: ending extreme poverty by 2030 and promoting shared prosperity. ID4D is supported by the Bill & Melinda Gates Foundation, the UK Government, the French Government, the Australian Government, and Omidyar Network.

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Enabling Europe to lead the green and digital transition

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The Commission released today its latest report on the EU’s Science, Research and Innovation Performance, through which it analyses how Europe performs in the global context. It highlights the need for research and innovation (R&I) to support sustainable and inclusive growth of companies, regions and countries, making sure that no one is left behind in the quest for strengthening innovation systems, especially in less-developed regions. It also emphasises the importance of ensuring that Europeans have the right skills, in the light of new technological revolutions, as well as the significant role of R&I policy in reinforcing companies’ productivity, resulting in jobs and value creation, in a sustainable way. In particular, the 2020 edition of the biennial report presents 11 policy recommendations to support our people, planet and prosperity.

Mariya Gabriel, Commissioner for Innovation, Research, Culture, Education and Youth said: “Research and innovation is at the core of the response to the unprecedented crisis we are facing and can significantly contribute to the economic recovery. The 2020 Science, Research and Innovation Performance report shows how research and innovation are central to bring about the ecological and digital transitions Europe needs. Horizon 2020 and the future Horizon Europe programme play a crucial role in this transformation.”

The EU ranks among the top players in scientific production and excellence, for example accounting worldwide for 25% of top-cited scientific publications on the topic of climate and for 27% in the area of bioeconomy. When it comes to patent applications in these two areas, the EU is also leading the way with 24% in climate and 25% in bioeconomy. Yet, more efforts are needed to turn research results into sustainable marketable solutions as well as to build a strong European Research Area and increase the effectiveness of public research systems.And, as digitalisation is transforming R&I,the right policy mix should foster deep-tech and researchers’ digital skills, alongside promoting open science and ensuring sufficient investments in high-quality data infrastructures. Horizon Europe, the EU’s next research and innovation framework programme, will be a key part in stepping up and steering R&I efforts, through its mission-oriented approach and European partnerships.

Building on the EU’s excellence and top performance in science-based research and innovation, the Science, Research and Innovation Performance report presents 11 policy recommendations, grouped around three main pillars:

  • R&I for a safe and just space for humanity;
  • R&I for global leadership;
  • R&I for economic and societal impact.  

Together, they pave the way towards R&I delivering on the Sustainable Development Goals and mainstreaming them into EU policies and initiatives that will contribute to a fair, climate-neutral and digital Europe, while at the same time boosting the competitiveness of European businesses and regions.

Background

The Science, Research and Innovation performance of the EU report analyses research and innovation dynamics as well as Europe’s performance on science and innovation and their drivers. The Report combines indicator-based macroeconomic analysis with in-depth analytical research to create a narrative that speaks to an audience of both research and innovation as well as economics and finance policymakers and analysts. This is the third edition of the biennial publication by the European Commission’s Directorate-General for Research and Innovation.

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World Bank: Belarus’ Economy Can Face a Severe Shock

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As a small, open, commodity-exporting economy, Belarus is heavily exposed to shocks caused by deep contractions in its main trading partners, the collapse of oil prices, and global financial volatility related to the COVID-19 pandemic, says the World Bank’s latest Economic Update for Belarus, released today. Belarus’ economy is anticipated to contract by at least 4 percent in 2020 – the largest decline in 25 years – and growth is expected to remain weak in the medium-term.

“The impacts of COVID-19 will be severe for Belarus,” said Alex Kremer, World Bank Country Manager for Belarus. “A faster return to normal, however, could be achieved by enabling social distancing to slow the spread of the virus and cash transfers to assist vulnerable households. In addition, policy measures to boost competitiveness and productivity will allow Belarus to take advantage of global trends expected to accelerate after COVID-19. These include the growth of digital services, as well as more opportunities for goods and services, as producers seek to diversify supply chains and relocate manufacturing closer to home.”

A Special Topic Note that is part of the Update reviews the experiences of other countries in responding to the pandemic and formulates potential policy measures for Belarus.

“To help mitigate the social and economic impacts of the pandemic, it is critical to strengthen support to the poor and most vulnerable,” said Kiryl Haiduk, World Bank Country Economist for Belarus. “In Belarus, this could include increasing the coverage and generosity of means-tested benefits, such as the cash component of the targeted social assistance program (GASP), and increasing unemployment support.”

Since the Republic of Belarus joined the World Bank in 1992, lending commitments to the country have totaled $2.1 billion. In addition, the country has received grants of $31 million. The active investment lending portfolio financed by the World Bank in Belarus includes ten projects totaling $1.05 billion.

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