The Development Podcast

The Development Podcast

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The Development Podcast episodes

  • Everyday Superheroes: Exploring Unpaid Care Work By Women

    What impact does unpaid care work have on women's economic prospects and growth? How can we support these everyday superheroes? In this episode of The Development Podcast, we explore the economics around this issue, whether women are tending to children or the elderly. What goes into this often invisible workload, and how do the burdens these women carry affect their every day lives?

    We draw from recent findings of this year’s 2023 Women, Business, and the Law report and also speak with three guests: Laura Rawlings, Lead Economist for the World Bank’s Gender Group, Nguyen Thi Kieu Trang (KT), Marketing and Communications Manager with CARE International in Vietnam, and Jyoti Macwan, General Secretary at the Self Employed Women’s Association (SEWA) and former tobacco worker, who share their insights and own experiences in the struggles women continue to face today but also steps women—and men—can take in the fight for gender equality. Listen now!

    Tell us what you think of our podcast here >>>. We would love to hear from you! 

    Featured Voices
    1. Laura Rawlings, Lead Economist for the World Bank’s Gender Group. "A lot of the disproportionate distribution of unpaid work and lack of access to affordable quality care is one of the key constraints impacting female labor force participation."
    2. Nguyen Thi Kieu Trang (KT), Marketing and Communications Manager with CARE International in Vietnam. "The prejudice about the unpaid care work is changing. Men taking care of more of their housework and share with their women more."
    3. Jyoti Macwan, General Secretary at the Self Employed Women’s Association (SEWA). "So the childcare centers were started in the villages, and that's how they [women in a tobacco-growing village in India] were able to go regularly to their workplaces."

    Timestamps

    [00:00] Welcome and introduction of the topic

    [01:29] Recent data about women's lives and livelihoods

    [04:48] Visions from India: Struggles for women in the informal sector

    [09:16] Visions from Vietnam: Women in rural areas and care workload

    [11:21] Gender inequality: The importance of addressing unpaid care

    [15:04] The impact of the pandemic around the world

    [19:37] Closure and thanks for tuning in!

    ABOUT THE DEVELOPMENT PODCAST

    This international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Listen and subscribe for free on your favorite platform. And rate our show! ;)

    Tell us what you think of our podcast here >>>. We would love to hear from you! 

    ABOUT THE WORLD BANK

    The World Bank is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.

    21 min
  • Challenges Without Borders: Confronting Crises Around the World

    In this episode of The Development Podcast, we mark one year of Russia’s invasion of Ukraine, and explore the depth and breadth of fragility, conflict and violence (FCV) around the world. What are the spillover effects of war as we see increased displacement of populations, high energy and food prices, shocks to natural disasters and more? And what is the World Bank Group’s position and long-term strategy on FCV, and how can we begin to tackle some of these challenges we face head on? 

    Axel Van Trotsenburg, the World Bank’s Managing Director of Operations, the Honorable John Dabi, Deputy Commissioner of South Sudan Commission for Refugees Affairs, Fidel Saad, Save the Children Lebanon’s Food Security, Livelihoods and Social Protection Technical Advisor, and Lara, a Ukrainian refugee living in Oxford, talk to us on these issues and more. 

    Tell us what you think of our podcast here >>>. We would love to hear from you! 

    Featured Voices
    • Axel Van Trotsenburg, the World Bank’s Managing Director of Operations. "The human suffering that we are seeing in many countries affected by fragility, conflict, and violence (FCV) settings are calling out for solidarity."
    • Honorable John Dabi, Deputy Commissioner of South Sudan Commission for Refugees Affairs. "The whole area is prone to climate change and it's also prone to conflict. So you either become displaced because of the conflict or because of the climate change."
    • Fidel Saad, Save the Children Lebanon’s Food Security, Livelihoods and Social Protection Technical Advisor. "There's the food security crisis, but there's also the employment crisis. There's an education crisis in Lebanon and we've seen an increased number of cases of child protection, meaning children engaged in labor."
    • Lara, a Ukrainian refugee. "We didn't know where to move. We knew only that I take my kid, I take my 70-year-old mom and we're crossing the border. Where? We didn't know where."  

    Timestamps

    [00:00] Welcome and introduction of the topic

    [01:20] Fragility, conflict, and violence (FCV) settings

    [03:50] The case of Lara, a Ukrainian refugee living in Oxford, UK

    [08:16] South Sudan: Food security, climate change, conflict, and displacement

    [11:22] The case of Lebanon and FCV settings

    [14:05] Global overlapping crises and their impact

    [15:25] Conflict in fragile settings and middle-income countries

    [17:37] The support from the World Bank Group

    [21:04] Closure and thanks for tuning!

    ABOUT THE DEVELOPMENT PODCAST

    This international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Listen and subscribe for free on your favorite platform. And rate our show! ;)

    Tell us what you think of our podcast here >>>. We would love to hear from you! 

    ABOUT THE WORLD BANK

    The World Bank is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.

    22 min
  • Why Have Smaller States Been Hit So Hard by Economic Shocks?

    The recently released January edition of this year’s Global Economic Prospects report warns that the global economy is dangerously close to a recession, with worldwide economic output projected to be just 1.7% in 2023. While the outlook for all economies is quite grim, the edition takes a special focus on the plight of 37 small states—countries with a population of 1.5 million or less—that are already vulnerable to shocks stemming from the pandemic, climate change, disruptions to tourism and more.

    In this episode of The Development Podcast, we speak with three guests: Dana Vorisek, senior economist and one of the lead report authors of the Global Economic Prospects report; the Hon. Tiofilusi Tiueti, Minister for Finance and Tonga World Bank Governor; and Anna Kay, a female-owned restauranteur in Jamaica, who share their insights and experiences to the impacts of a worsening global economy on already vulnerable states. 

    Tell us what you think of our podcast here >>>. We would love to hear from you! 

    Featured Voices
    • Dana Vorisek, Senior Economist, World Bank Group. "The main reason small states were really hard hit by COVID was tourism. People were fearful of traveling, but also these countries shut their borders for a long time."
    • Hon. Tiofilusi Tiueti, Minister for Finance and Tonga World Bank Governor. "The impact of climate change is obviously reflected on the frequency and intensity of a natural disaster, which further impacted our primary sector for economic development."
    • Anna Kay, a female-owned restauranteur in Jamaica. "We can't get a lot of the things that we used to get, brands that we used to get before, or supplies that we used to get. The biggest thing is the cost of things."

    Timestamps

    [00:00] Welcome and introduction of the topic

    [01:29] Insights from the Global Economics Prospects Report

    [03:51] Visions from the Caribbean: The case of Jamaica

    [08:18] Visions from the Pacific: The case of Tonga

    [13:56] Characteristics, challenges and vulnerabilities of small states

    [18:44] Closing and thanks for tuning in!

    ABOUT THE DEVELOPMENT PODCAST

    This international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Listen and subscribe for free on your favorite platform. And rate our show! ;)

    Tell us what you think of our podcast here >>>. We would love to hear from you! 

    ABOUT THE WORLD BANK

    The World Bank is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.

    20 min
  • 2022 in Review: A Year of Uncertainty

    The past twelve months have been turbulent for the global economy. Conflict, inflation, food supply crises and the long tail of the Covid-19 pandemic have caused shockwaves across the world. In this episode of The Development Podcast we speak to World Bank Group chief economist Indermit Gill, and take stock of the last twelve months, while looking ahead to 2023. Indermit explains why forecasts at the start of the year were wrong, and why he remains optimistic for the coming year. We also reflect on one of the biggest stories of 2022, food prices. We get an update from Egyptian baker and restaurant owner Dareen Akkad. Listen now!

    Tell us what you think of our podcast here >>>. We would love to hear from you! 

    Featured Voices
    • Indermit Gill, Chief Economist of the World Bank Group and Senior Vice President for Development Economics: "I think that the last two years will become a case study of how the world forgot Economics 101, and I think it was because of fear, it was because of the disease, it was because of the war, but it was also because of impatience, and I'm hoping that 2023 will not be part of this case study."
    • Dareen Akkad, Egyptian baker and restaurant owner : "The businesses that survive are those that are able to change and adapt. We've already made plans to create food that is completely locally sourced."

    Timestamps

    [00:00] Welcome and introduction of the topic

    [01:23] Putting 2022 in context

    [02:31] What were we expecting 2022 to look like in January?

    [03:47] The economic impact of Russia's invasion of Ukraine

    [05:02] Are we looking at a recession next year that's getting worse?

    [06:47] Policy steps being taken

    [09:28] Monetary tightening, raising interest rates, subsidies, inflation

    [16:07] Stories of people's lives

    [17:30] Inflation and food security: Visions from a pizza baker in Cairo

    [19:42] Closing and thanks for tuning in!

    ABOUT THE DEVELOPMENT PODCAST

    This international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Listen and subscribe for free on your favorite platform. And rate our show! ;)

    Tell us what you think of our podcast here >>>. We would love to hear from you! 

    ABOUT THE WORLD BANK

    The World Bank is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.

    21 min
  • Why Are We Witnessing the Biggest Setback to Global Poverty Reduction in Decades?

    COVID-19, the war in Ukraine, and other crises have dealt the biggest setback to global poverty reduction in decades. 2020 alone saw the largest one-year increase in extreme poverty since global monitoring began. In this episode of The Development Podcast, we comb through the recent Poverty and Shared Prosperity Report (PSPR) to understand what’s happening, where and why.  

    Ruth Hill, a lead economist at the World Bank discusses the actions governments can take to help correct course. We also get a snapshot of just how hard the last few years have been for many people, such as Sonia Cifuentes in Bogota, Colombia, and how cash transfers helped her when she needed support to cover the basics for herself and her children. Listen now!

    Tell us what you think of our podcast here >>>. We would love to hear from you! 

    Featured Voices
    • Ruth Hill, Lead Economist, Global Unit of the Poverty and Equity Global Practice, World Bank. "There's evidence that households which receive cash transfers are more likely to have their kids in school. And that has a long run impact on household welfare."
    • Sonia Cifuentes, Colombian citizen benefited from a cash transfer program: "If I hadn't had access to those transfers, I would've had to have found someone to give me a donation because I had to feed my children."

    Timestamps

    [00:00] Welcome and introduction of the topic

    [01:37] Understanding the data behind the Poverty and Shared Prosperity Report

    [07:28] Visions from Bogota, Colombia: Vulnerability and cash transfer programs

    [11:10] The meaning behind poverty

    [12:42] 2020 saw the biggest setback to global poverty in decades

    [14:36] Measuring poverty: Methodology and research

    [15:33] Progress made in ending poverty over the last few decades

    [17:05] The impact of the COVID-19 pandemic on poverty reduction efforts

    [19:40] Increase in poverty in different regions of the world

    [20:35] Public policies to counter poverty trends

    [21:37] Subsidies and cash transfer programs

    [25:37] Closing and thanks for tuning in!

    ABOUT THE DEVELOPMENT PODCAST

    This international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Listen and subscribe for free on your favorite platform. And rate our show! ;)

    Tell us what you think of our podcast here >>>. We would love to hear from you! 

    ABOUT THE WORLD BANK

    The World Bank is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.

    27 min
  • Highlights from the 2022 World Bank Group-IMF Annual Meetings: Navigating an Uncertain World

    This year’s World Bank Group-IMF Annual Meetings took place against the backdrop of a series of overlapping crises threatening catastrophic consequences for the poor. The impact of the COVID-19 pandemic, climate change and conflict were the focus for delegates who gathered at the World Bank Group headquarters in Washington DC. In this special edition of The Development Podcast we’ll bring you some of the key moments from this year’s sessions. Leaders, experts, and activists discussed how best to respond to the multiple overlapping crises facing developing countries and how to work together to build a resilient future. Listen now!

    Tell us what you think of our podcast here >>>. We would love to hear from you! 

    Timestamps

    [00:00] Welcome and introduction to the Annual Meetings

    [02:12] Addressing multiple crises in an era of volatility

    [12:02] Food and fuel crises

    [19:09] Inclusive growth and financial inclusion

    [24:07] Financing the low-carbon, resilient transition

    [27:01] Human capital and education

    [33:30] Support to Ukraine

    [36:21] Closure and thanks for tuning!

    Featured Voices
    • Anne Tvinnereim, Norway's Minister of International Development. "Due to the fertilizer crisis, in one season, we will not produce enough food in the world to feed everyone. Now, that's an unprecedented situation."
    • Augustine Mayabi, Deputy Director in Kenya's Ministry of ICT Innovation and Youth Affairs. "There is need to reskill. Even the youth who are informal and self-employment, some of them could not have gone to school."
    • David Malpass, President, World Bank Group. "We have to work so fast now to create space for the climate problems that are facing many of the developing countries most."
    • Janet Yellen, U.S. Secretary of the Treasury. "Meeting Ukraine's needs will require a unified and coordinated effort, but together the G7, the international financial institutions and all of Ukraine's partners can help Ukraine win this war."
    • Karima Ola, LeapFrog Investments Partner. "We can't talk about inclusive growth without talking about climate, because then path to net zero is one which impacts different people differently."
    • Kristalina Georgieva, Managing Director, International Monetary Fund. "I actually am heartbroken to see the world again, witnessing increasing poverty, increasing hunger and malnutrition."
    • Lawrence Summers, President Emeritus and Professor of Harvard University. "There has not been a moment when there was so great an opportunity to invest resources on a large scale in promoting the development of the countries where the vast majority of the world's population lived."
    • Makhtar Diop, IFC Managing Director. "Of the the main roadblocks is how do we make sure that we bridge the funds that are available in the private market, the private capital, with the investment needs?."
    • Mostafa Terrab, OCP Group Chairman and CEO. "What's visible today has been revealed by a crisis, but it's based on a long-term situation which is a great imbalance between production of fertilizer and what the world needs."
    • Rania Al-Mashat, Egypt's Minister of International Cooperation. "One very important message is that climate and development should not be seen as separate objectives. They need to come hand in hand."
    • Samuel D. Tweah Jr, Liberia's Minister of Finance and Development Planning. "We need to develop strategies to bring policy makers to that awareness that human capital is as fundamentally important as electricity infrastructure."
    • Seedy K. M. Keita, Gambia's Minister of Finance and Economic Affairs. "We import all our energy needs and the spike in the price of energy as well as food had left an untold challenge on both the government and the population."
    • Volodymyr Zelensky, President of Ukraine. "We need also targeted credits in the amount of $2 billion to rebuild the electric energy infrastructure after the destruction and to expand our export to Europe."

    ABOUT THE DEVELOPMENT PODCAST

    This international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Listen and subscribe for free on your favorite platform. And rate our show! ;)

    Tell us what you think of our podcast here >>>. We would love to hear from you! 

    ABOUT THE WORLD BANK

    The World Bank is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.

    37 min
  • From Coal to Clean Energy: Protecting People Through the Transition

    Our warming world needs to wean itself away from fossil fuels, but closing coal mines can impact jobs and communities. How can we ensure people and communities are at the center of the transition away from coal? In this episode of The Development Podcast, we hear about the challenges and opportunities involved in this important transition.

    We get the view from some Indian women benefiting from new green jobs, hear from new solar panel owners, and from Reema Nanavaty, director of the Self Employed Women’s Association (SEWA).

    We also hear from World Bank experts Elizabeth Ruppert Bulmer, Lead Economist with the Social Protection & Jobs Global Practice, and Rachel Perks, Senior Mining Specialist with the Energy & Extractives Global Practice. They explain why this task can’t be left to future generations to fix, and how phasing out coal can mean new opportunities for communities and jobs. Listen now!

    Tell us what you think of our podcast here >>>. We would love to hear from you! 

    Timestamps

    [00:00] Welcome and introduction of the topic

    [01:36] Trends with coal production in recent years

    [06:54] Visions of India moving away from coal

    [11:53] Just transition, coal, and climate change

    [14:02] What's behind turning off coal

    [15:55] Progress made around the world

    [17:12] The impact of closing down coal mines

    [21:05] Transitions and new livelihoods and opportunities

    [22:54] Historical perspective and lessons learned

    [24:40] Stakeholder engagement and consultations

    [26:39] Land repurposing

    [29:03] Closure and thanks for tuning!

    Featured Voices
    • Elizabeth Ruppert Bulmer, Lead Economist, Social Protection & Jobs Global Practice, World Bank: "There are a whole slew of jobs that will be needed in that renewable energy space. A lot of these coal mining jobs are taken up by people who aren't youth, and then youth are struggling to find some alternative."
    • Rachel Perks, Senior Mining Specialist, Energy & Extractives Global Practice, World Bank: "We also have to be very sensitive that these are communities that have been dependent on their livelihoods and their identities for generations. Now we're asking them to reimagine, in fact, what their entire community is going to look like."
    • Reema Nanavaty, Director of India’s Self Employed Women’s Association (SEWA): "You create a nurturing economy, generate greener livelihoods, and that is what exactly is just transition."

    ABOUT THE DEVELOPMENT PODCAST

    This international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Listen and subscribe for free on your favorite platform. And rate our show! ;)

    Tell us what you think of our podcast here >>>. We would love to hear from you! 

    ABOUT THE WORLD BANK

    The World Bank is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.

    30 min
  • What Does Stagflation Mean for the Global Economy?

    The world is grappling with a sharp deceleration in growth, coupled with rising inflation. Are we experiencing so-called stagflation, what does that mean for people, and what can we learn from comparable situations in the past?

    In this episode of The Development Podcast, World Bank forecasting expert Franziska Ohnsorge, Manager of the Prospects Group, one of the lead authors of the Global Economics prospect Report; and debt expert Marcello Estevão Global Director of the World Bank Group's Macroeconomics, Trade and Investment global practice give the big picture on stagflation. While Enrique Cárdenas, a Mexican economist and economic historian, explains what it felt like to experience stagflation during the so-called “lost decade” of the 1980s. Listen now!

    Tell us what you think of our podcast here >>>. We would love to hear from you! 

    Timestamps

    [00:00] Welcome and introduction of the topic

    [01:45] What is stagflation? When did we see it last? Are we in stagflation right now?

    [06:42] Visions from Mexico, the 15th largest economy in the world

    [11:47] Global economy: How significant is the slowdown right now

    [13:09] How real is the risk of stagflation?

    [14:57] Central banks and interest rates... and stagflation

    [17:24] Impacts for average people in emerging markets and developing economies

    [19:19] How can stagflation lead to debt crises?

    [23:31] What is creating this toxic mix of slow growth and inflation?

    [24:59] Recommendations for governments to promote growth and tame inflation

    [29:21] Closure and thanks for tuning!

    Featured Voices
    • Franziska Ohnsorge, Manager of the Prospects Group, World Bank: "Stagflation, weak growth and high inflation, is something that really hurts the lower income households particularly hard."
    • Marcello Estevão, Global Director of the World Bank Group's Macroeconomics, Trade and Investment Global Practice: "The debt overhang can be dismantled, if governance improved debt management procedures and public expanding while strengthening the living environment for debt contracting."
    • Enrique Cárdenas, Mexican economist and economic historian: "Not every income was indexed to inflation and therefore those who weren't suffered even more because they couldn't cope with inflation as it evolves."

    ABOUT THE DEVELOPMENT PODCAST

    This international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Listen and subscribe for free on your favorite platform. And rate our show! ;)

    Tell us what you think of our podcast here >>>. We would love to hear from you! 

    ABOUT THE WORLD BANK

    The World Bank is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.

    31 min
  • Why Is the World Facing a Food Crisis? And Why Are Prices Climbing So High?

    The world is facing rising food prices that are hitting poor and developing countries hardest. Even before COVID-19 reduced incomes and disrupted supply chains, chronic and acute hunger were on the rise due to factors, including conflict, socio-economic conditions, natural hazards, climate change and pests. 

    The disruption caused by the war in Ukraine has added to price pressures, with costs likely to remain high for the foreseeable future and expected to push millions of additional people into acute food insecurity.

    In this episode of The Development Podcast, World Bank Food and Agriculture Global Practice Manager Julian Lampietti explains the challenges and discusses some of the solutions. And we hear from a pizza restaurant owner in Cairo who is struggling with the rising cost of bread. Listen now!

    Tell us what you think of our podcast here >>>. We would love to hear from you! 

    Timestamps

    [00:00] Welcome and introduction of the topic

    [01:32] What's happening in terms of agriculture and food in the world right now

    [06:47] Visions from Cairo: Food costs, supply chains, local business... and pizza

    [13:08] A human catastrophe? Food price crisis related to the war in Ukraine

    [14:21] Availability issues, people's access to food, or the production of food?

    [18:05] Food prices: How the situation could evolve in the short term

    [19:22] Lessons learnt from previous food price crisis

    [24:07] Investments in agricultural and food technologies

    [27:45] How the World Bank is responding to this crisis

    [29:32] Closure and thanks for tuning!

    Featured voices
    • Julian Lampietti, Manager for Agriculture & Food Global Practice, World Bank Group: "The war in Ukraine just accelerated what was already happening, we have this food system that feeds us and it's wonderful but it's also destroying the planet as it does that. And it's getting more and more unstable."
    • Dareen Akkad, restaurant owner in Cairo, Egypt: "One of the ways that we have to plan is to find products that we can create that rely less heavily on imports and more so on locally grown ingredients or let's say even if it's locally processed ingredients."

    ABOUT THE DEVELOPMENT PODCAST

    This international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Listen and subscribe for free on your favorite platform. And rate our show! ;)

    Tell us what you think of our podcast here >>>. We would love to hear from you! 

    ABOUT THE WORLD BANK

    The World Bank is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.

    31 min
  • Human Capital at the Crossroads: Reversing the Losses, Reclaiming our Future | Highlights from the WBG-IMF Spring Meetings 2022

    Putting people first through investing in human capital – the knowledge, skills, and health that people need to achieve their potential – is critical for sustainable, inclusive growth and poverty reduction. The consequences of the COVID-19 pandemic threaten to leave generations behind and exacerbate inequalities. Health impacts, setbacks to nutrition, the early years and learning, job losses and expanding gender gaps must be addressed with urgency. Countries have stepped up in innovative ways to put people first through building, protecting, and utilizing human capital – with support from the World Bank and partners. However – ambition, innovation, and sustained support are needed to recover human capital losses and strengthen recovery. Investing in people consistently and providing opportunities for all to achieve their potential can yield economic dividends – and help bring greater stability in a challenging global context.

    During the 2022 World Bank Group-IMF Spring Meetings, leaders, innovators and change-makers shared how investments in human capital can not only change lives for individuals, but also create more inclusive and equitable societies. Listen to the Spring Meetings highlights in a special series of The Development Podcast.

    Tell us what you think of our podcast here >>>. We would love to hear from you! 

    Timestamps

    [00:00] Welcome and introduction of the topic

    [02:38] Tanzania's education system

    [05:13] Tanzania's investment in health

    [08:28] Tanzania: Challenges in education and health

    [13:35] Tackling learning poverty

    [17:36] Special considerations from a gender and fragility context

    [19:07] Impacts of the pandemic on young people

    [23:50] The value of investing in people

    [28:10] Equipping young people for the jobs of the future

    [29:32] Closure and thanks for tuning!

    Featured voices
    • Samia Suluhu Hassan, President of United Republic of Tanzania: "In some societies, the herd keepers, the livestock keepers, they prefer their kids to go for herding rather than going to school. We had to educate the parents to accept sending their kids to school."
    • David R. Malpass, President, World Bank Group: "Men are part of the problem [gender-based violence] and have to be educated and brought forward along."
    • Amina Mohammed, UN Deputy Secretary-General: "Even if you had connectivity, teachers were not prepared to teach, and learners were not prepared to learn, even though we thought we had them connected."
    • Mari Pangestu, Managing Director, Development Policy and Partnerships, World Bank: "This accelerated learning recovery really needs a focus, in terms of the programs that we need to design, the teachers that we need to train, to be able to have the tools and resources to address this."
    • Malala Yousafzai, Co-Founder of Malala Fund: ""We know that when children enroll into schools, there's also the issue of what they learn in their classrooms. So it's the access to education, but also the quality of education that are important."
    • Beatrice Mahuru, Founder & CEO, GLaD Ltd and B&WE Ltd: "Conflict resolution is definitely one of those soft skills that's required, both to manage workplace conversations, as well as their communities back at home."

    ABOUT THE DEVELOPMENT PODCAST

    This international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Don't miss an episode! Listen and subscribe for free on your favorite platform.

    Tell us what you think of our podcast here >>>. We would love to hear from you! 

    ABOUT THE WBG-IMF SPRING MEETINGS 2022

    Preparing for future crises and strengthening international cooperation are essential to deliver a resilient recovery and a better future for those most in need. At these Spring Meetings, the World Bank Group convened leaders, experts and activists to discuss the impact of these global shocks on the most vulnerable communities.

    ABOUT THE WORLD BANK GROUP

    The World Bank Group is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.

    31 min

About The Development Podcast

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The Development Podcast brings together the latest data, research and cutting-edge solutions that can pave the way to a sustainable future. We’ll take you on a journey around the world of…

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