Summary of World Development Indicators 2014

Looking for the report?
We have the summary! Get the key insights in just 5 minutes.

World Development Indicators 2014 summary
Start getting smarter:
or see our plans

Rating

8

Qualities

  • Inspiring
  • Comprehensive
  • Analytical

Recommendation

The World Bank worked in partnership with supranational institutions and more than 200 statistical bureaus around the world to produce this quantitative report on the world’s progress toward reaching the United Nations’ Millennium Development Goals (MDGs). Readers will need a wide-angle lens to appreciate the true daring of the World Bank’s mandate to eliminate extreme poverty by 2030 and to foster “shared prosperity.” The report has considerable breadth and depth, so read it closely; often the most hopeful data lie buried in seemingly mundane measures. For example, the number of people traveling by air on carriers in East Asia and the Pacific nearly doubled between 2002 and 2012, now rivaling air travel in North America. That is cause for some optimism. getAbstract recommends this comprehensive but statistics-laden report to policy makers, economists, officials at nongovernmental organizations and corporate officers who want a data-centric look at economic development.

About the Author

The World Bank provides financial and technical assistance to developing countries.

 

Summary

Six Categories of Development

While the World Bank is a development-oriented institution capable of responding to global economic emergencies, its fundamental goals are to “end extreme poverty” – defined by the number of people living on less than $1.25 per day – and to foster “shared prosperity” – judged by the income growth of the bottom 40% of populations. As part of the monitoring process toward those objectives, the World Bank developed a database of indicators organized into the following six distinct categories:

1. “World View”

The World Bank Group works to help achieve the United Nation’s eight Millennium Development Goals (MDGs), targeted for attainment by 2015:

  • “Eradicate extreme poverty” – Though it is still widespread, extreme poverty was cut in half between 1990 and 2010.
  • “Achieve universal primary education” – Most developing nations have reached close to 90% of this goal.
  • “Promote gender equality and empower women” – That starts with educating girls: In developing countries, by 2011, girls’ primary school enrollment rates had reached 97% of boys’ enrollment rates, and their secondary school enrollment...

More on this topic

By the same author

Making Trade an Engine of Growth for All
7
China Economic Update
7
Global Value Chains
7
Global Economic Prospects (Vol. 8)
8
World Development Report 2014
7
Doing Business 2014
8

Customers who read this summary also read

How Population Change Will Transform Our World
8
Becoming Facebook
8
The Global Risks Report 2018
9
False Dawn
8
Global Inequality
9
The End of the Asian Century
8

Related Channels

Comment on this summary

  • Avatar
  • Avatar
    Ð. Ð. 4 years ago
    You can be translated into Russian ?
    • Avatar
      Anna Barshay 4 years ago
      Уважаемый читатель,
      К сожалению, в настоящий момент мы не переводим на русский язык изложения отчетов и статей. Мы занимаемся только пересказом книг.
      Русская редакция getAbstract
  • Avatar
    Ð. Ð. 4 years ago
    You can be translated into Russian ?