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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Measuring Inequality of
Opportunities in Latin America and the Caribbean
Over the past decade, faster growth and
smarter social policy have reversed the trend in Latin
America's poverty. Too slowly and insufficiently, but
undeniably, the percentage of Latinos who are poor has at
long last begun to fall. This has shifted the political and
policy debates from poverty toward inequality, something to
be expected in a region that exhibits the world's most
regressive distribution of development outcomes such as
Republic of Armenia - Fiscal Consolidation and Recovery : Background Papers
Armenia's structural reforms since
1999 have led to a strong economic record, including low
fiscal deficits and declining public debt over the
pre-crisis decade. Between 2001 and 2008 Gross Domestic
Product (GDP) grew at an average annual rate of 12 percent
and poverty fell from over 50 percent to about 28 percent of
the population. Over this period of rapid growth, prudent
fiscal management contained fiscal deficits between 0 and
Liberia - Employment and Pro-Poor Growth
Fourteen years of civil conflict
(1989-2003) have destroyed Liberia's social and
economic infrastructure and brought the economy nearly to a
halt. Workers who came of age during the conflict are
largely unskilled, and the supply of workers exceeds demand
by a substantial margin. The negative effects of
unemployment, underemployment, and low productivity on
economic growth have made employment the most urgent demand
Agriculture and Development : A Brief Review of the Literature
After 20 years of neglect by
international donors, agriculture is now again in the
headlines because higher food prices are increasing food
insecurity and poverty. In the coming years it will be
essential to increase food productivity and production in
developing countries, especially in Sub-Saharan Africa and
with smallholders. This however requires finding viable
solutions to a number of complex technical, institutional
Can Social Safety Nets Alleviate Seasonal Deprivation? Evidence from Northwest Bangladesh
This paper examines the role of social
safety-net programs in Bangladesh run by the government and
nongovernmental organizations to mitigate seasonal
deprivation in the country's highly vulnerable
northwest region. Specifically, the paper explores whether
social safety nets are limited to averting seasonal
deprivation or can also address seasonality of income and
employment more generally. Using a recent survey from the