Finance & Economics | WPN World People News

With 7 billion people in the world and 9 billion by 2050, we must invest in development that will meet the growing demands for food, water and energy. The new OECD publication Putting Green Growth at the Heart of Development suggests that these investments could define a path for inclusive growth and sustainable development by focusing on people’s needs and prospects while respecting the environment.

A study launched by the World Bank - “Moldova: Policy priorities for private sector development” - highlights key constraints to private sector development in the country.

Nigeria’s economy can be made more climate-resilient and less carbon-intensive without foregoing growth, argue two new World Bank reports “Toward Climate-Resilient Development in Nigeria” and “Low-Carbon Development Opportunities for Nigeria,” released.

The government of Bangladesh signed a financing agreement worth $ 34.5 million for additional financing of the on-going Second Public Procurement Reform Project (PPRP II) with the International Development Association (IDA), the World Bank’s concessionary arm.

The European Union (EU) is to spend an unprecedented €3.5 billion between 2014-2020 on improving nutrition in some of the world's poorest countries, Development Commissioner, Andris Piebalgs, is expected to pledge.

The Executive Board of the International Monetary Fund (IMF) completed the third review of Côte d’Ivoire’s economic performance under the program supported by an Extended Credit Facility arrangement (ECF). The Board’s decision, which was taken on a lapse of time basis,1 enables the immediate disbursement of an amount equivalent to SDR 48.78 million (about US$74.1 million), bringing total disbursements under the arrangement to an amount equivalent to SDR 260.16 million (about US$395.4 million).

Social and structural factors – such as poverty, marginalization and stigma – and not just individual behaviours are shaping the HIV epidemic in Europe and central Asia. This is the main conclusion of a new report released by the World Bank Group, WHO/Europe and the London School of Hygiene & Tropical Medicine. The study systematically reviews evidence on HIV vulnerability and response in all countries of the WHO European Region.

Buying food at the market.

One lesson has been learned in the crisis: Europe needs a strong industrial sector in order to resist downturns. This is the clear message of the conference "An industrial renaissance" taking place in Brussels. Hosted by European Commission President José Manuel Barroso and Vice President Antonio Tajani, the conference will look at how national and European efforts can maximize the effectiveness of EU interventions. It also takes stock of the progress on the industrial policy flagship initiative. The focus will be on the need to reverse the current decreasing trend of the evolution of industry in the EU, pointing out the role of manufacturing industry as an engine of growth. For example, can Europe do more to coordinate industrial policies in a partnership approach involving EU and national players as well as industry and enterprises?