Page 17 - World Development Indicators News Today

Daily Monitor Wednesday February 03 2021 Summary That election, to some was a blessing in disguise as it offered Ugandans a chance to reshuffle public leaders and bring in those that are suited to handle the rigours of a world and country still reeling from the debilitating effects of the pandemic. Advertisement The year 2020 brought with it the Covid-19 pandemic that had apocalyptic effects on life, as the world literally ground to an unprecedented standstill. Not even the two World Wars force...

Date Time IMF Executive Board Concludes 2020 Article IV Consultation with Bulgaria Washington, DC: The Executive Board of the International Monetary Fund (IMF) concluded 2020 Article IV consultation [1] with Bulgaria on January 27, 2020. The COVID-19 pandemic has put a break on Bulgaria’s robust economic performance. Following 3.7 percent growth in 2019, real GDP is estimated to have contracted by 4.6 percent in 2020 as a result of the lockdown at the outset of the crisis and a second wave ...

IBC and the ‘de-stressing’ of India Inc Key law: The IBC is a one-stop solution for resolving insolvencies× Thanks to the bankruptcy code, distressed firms are able to better access short- and long-term debt funds The Covid-19 pandemic has been driving corporate failures around the world, including in India. In the absence of the much-needed institutional arrangements in many developing countries, following default, a given firm’s management, capital and labour would come to a standstill...

8,49,200 new vehicles in Kerala in 2019-2020 Deviating from the compounded annual growth rate of above 10% for the past two decades, the growth of vehicle population in Kerala has decreased by 6.36% in 2020 over the previous year’s 10.7%. The number of newly registered vehicles in 2019-2020 was 8,49,200 in the State compared to 12,92,295 vehicles registered in 2018-2019. Of the new vehicles that hit the road, 65% were motorcycles (5,85,740), 22% four wheelers (1,91, 891), goods vehicles and ...

Manager, Development Data Group, The World Bank Group Umar Serajuddin is a Manager in the World Bank’s Development Data Group (Indicators and Data Services Unit). He leads the Bank’s Open Data initiative and oversees the management of the World Development Indicators. He manages the teams that publish some of World Bank’s most prominent global public goods including the global poverty numbers (PovcalNet), the World Integrated Trade Solutions (WITS), the Microdata Library, and Open Data C...

by Bruce Gilley This article was first published in The Communist dynasty is collapsing in China, and in retrospect one of the first signs was a Chinese-language computer virus that began spreading when I was a reporter in Beijing in the early 1990s. The virus would pop up on your screen and ask a question about the hard-line prime minister, Li Peng, who had presided over the massacres that ended the 1989 Tiananmen democracy movement. “Do you think,” the virus pop-up asked, “that Li Pen...

Trade figures published by the Pakistan Bureau of Statistics (PBS) in early January reveal a further increase in both exports and imports in December 2020

[1] Using the same population estimates as the 2018/19 Nigeria Living Standards Survey, this means that more than 80 million Nigerians were living in poverty before the pandemic, even without data from Borno state where the survey could not be fully carried out. [2] However, projections suggest that the combined effects of the COVID-19 crisis and natural population growth could leave 100 million people living below the national poverty line by 2022, rationalizing the government’s ambitious ...

There is hardly any doubt that failing health systems result in poor health outcomes and hamper progress towards the attainment of the Sustainable Development Goals (SDGs) and Universal Health Coverage (UHC). In Africa, health systems are hobbled by leadership and governance challenges, extreme shortages of health workers, corruption in procurement systems for medical products and technologies, poor information systems, and health financing constraints. This brief discusses ways in which decisi...

Blame COVID-19? But blame informality too (or maybe more)  Employment nationwide decreased by 40% in the second quarter of 2020. Peru is one of the countries in the region most affected by the pandemic, both in terms of declines in economic activity and in terms of rates of infection and deaths from the disease. On the economic side, unemployment and informality increased significantly, wages and working conditions deteriorated, and many companies were unable to stay afloat.  All of this has...