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World Bank recommends fewer regulations protecting workers

Unions alarmed by suggestion that deep structural reforms are required to adjust to changing nature of work

The World Bank is proposing lower minimum wages and greater the recruitment and firing powers for employers as part of a wide-ranging deregulation of labour markets deemed necessary to prepare countries for the changing nature of work. 715 more words

Viral

Africa Renewables: World Bank sees microgrids playing bigger role in Africa’s electrification as solar costs fall

Changes in generation technologies, including the sharp fall in solar photovoltaic (PV) costs, means that the evolution of electricity systems in sub-Saharan Africa (SSA) will need to involve more than one national grid, a new World Bank report argues. 664 more words

Mozambique Renewables

19 Crore Indian Adults Don’t Have A Bank Account: World Bank

India has 19 crore adults without a bank account despite the success of the ambitious Jan Dhan Yojana, making it the world’s second largest unbanked population after China, the World Bank said today. 782 more words

OUR BLOGS

India has 19 crore adults without a bank account despite success of ambitious Jan Dhan Yojana, says World Bank

India has 19 crore adults without a bank account despite the success of the ambitious Jan Dhan Yojana, making it the world’s second largest unbanked population after that of China, the World Bank said today. 822 more words

National

India fuelling global growth in access to banking: WB

The rapid pace of access to banking in India has helped push global numbers, where seven out of every 10 adults have a bank account, driven by access to mobile phone and other technologies, the World Bank said on Thursday. 220 more words

National

The Rudderless World Economy

The institutions that oversee the global economy – the IMF, the World Band, and the World Trading Organization – have all derived their authority from the support of the world’s economic hegemon, the United States. 22 more words

United States