The World Bank is a vital source of financial and technical assistance to developing countries around the world. We are not a bank in the ordinary sense but a unique partnership to reduce poverty and support development. The World Bank Group has two ambitious goals: End extreme poverty within a generation and boost shared prosperity.
- To end extreme poverty, the Bank's goal is to decrease the percentage of people living on less than $1.25 a day to no more than 3% by 2030.
- To promote shared prosperity, the goal is to promote income growth of the bottom 40% of the population in each country.
The World Bank Group comprises five institutions managed by their member countries.
The World Bank Group and Land: Working to protect the rights of existing land users and to help secure benefits for smallholder farmers
The World Bank (IBRD and IDA) interacts primarily with governments to increase agricultural productivity, strengthen land tenure policies and improve land governance. More than 90% of the World Bank’s agriculture portfolio focuses on the productivity and access to markets by small holder farmers. Ten percent of our projects focus on the governance of land tenure.
Similarly, investments by the International Finance Corporation (IFC), the World Bank Group’s private sector arm, including those in larger scale enterprises, overwhelmingly support smallholder farmers through improved access to finance, inputs and markets, and as direct suppliers. IFC invests in environmentally and socially sustainable private enterprises in all parts of the value chain (inputs such as irrigation and fertilizers, primary production, processing, transport and storage, traders, and risk management facilities including weather/crop insurance, warehouse financing, etc
For more information, visit the World Bank Group and land and food security (https://www.worldbank.org/en/topic/agriculture/brief/land-and-food-security1
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Development Economics through the
Decades
The World Development Report (WDR) has
become such a fixture that it is easy to forget the
circumstances under which it was born and the Bank's
motivation for producing such a report at that time. In the
first chapter of this essay, the authors provide a brief
background on the circumstances of newly independent
developing countries and summarize some of the main strands
of the emerging field of development economics. This
Global Survey of Development Banks
Historically, development banks have
been an important instrument of governments to promote
economic growth by providing credit and a wide range of
advisory and capacity building programs to households, small
and medium enterprises, and even large private corporations,
whose financial needs are not sufficiently served by private
commercial banks or local capital markets. During the
current financial crisis, most development banks in Latin
Gender and Macroeconomic Policy
This report aims to show how
macroeconomic policies create differential opportunities for
women and men. This volume comprises nine chapters covering
four broad themes: gender as a category of analysis in
macroeconomics; the implications of gender for macroeconomic
aggregates, in particular consumption and economic growth;
the role of gender in the labor market, globalization, and
access to credit; and gender budgeting. Chapters one and two
Rising Global Interest in Farmland :
Can it Yield Sustainable and Equitable Benefits?
Interest in farmland is rising. And,
given commodity price volatility, growing human and
environmental pressures, and worries about food security,
this interest will increase, especially in the developing
world. One of the highest development priorities in the
world must be to improve smallholder agricultural
productivity, especially in Africa. Smallholder productivity
is essential for reducing poverty and hunger, and more and
Who Is Benefiting from Fertilizer Subsidies in Indonesia?
Using the Agricultural Census 2003 and
the Rice Household Survey 2008 for Indonesia, this paper
analyzes the distribution of benefits from fertilizer
subsidies and their impact on rice production. The findings
suggest that most farmers benefit from fertilizer subsidies;
however, the 40 percent largest farmers capture up to 60
percent of the subsidy. The regressive nature of the
fertilizer subsidies is in line with research carried out in