R3: 40 banks trial fixed income trading on the blockchain
The role of improved schooling, a central part of most development strategies, has become controversial because expansion of school attainment has not guaranteed improved economic conditions. This paper reviews the role of education in promoting economic well-being, focusing on the role of educational quality. It concludes that there is strong evidence that the…
As the calendar flips from 2016 to 2017, it’s the perfect time to reflect on the past year and look ahead to what this calendar year will bring. That’s why, for the past nine years, Accenture has published the Top 10 Challenges for Investment Banks. It’s our way of analyzing the key issues that are capturing the C-suite’s attention right now and monitoring trends…
Today announced that the World Bank Group would invest $2.5 billion over 5 years in education projects that directly benefit adolescent girls, whose empowerment is central to the Bank Group’s development efforts. The announcement, made at the Let Girls Learn event during the World Bank Group-IMF Spring Meetings, was followed by a call to action from the First…
The GIF is now accepting applications from interested governments for project preparation and transaction structuring support The application process involves several, iterative steps—designed to ensure effort invested in preparing project applications is well-spent, by first identifying whether a proposed project appears likely to be consistent with the GIF’s…
Are you a passionate advocate for education? Do you want to make a difference in the lives of children in the world s poorest countries? The Global Partnership for Education is looking for talented individuals to join our team. Note that at this time we do not offer internship opportunities. Jobs at the Global Partnership for Education Application Deadline Senior…
) The finance world s attempt to build a white-collar version of blockchain - the shared-ledger technology that underpins rebellious virtual currencies such as Bitcoin - has generated Silicon Valley quantities of buzz. There hasn t been much genuine risk-taking, though, nor have we seen much of a result. Number of permissioned blockchain firms 70 This year will…
The small investment bank has been hired by Saudi Aramco, the world s biggest oil company, to be the sole independent advisor on its huge public offering, according to two people familiar with the matter. In winning the lucrative and prestigious assignment, Moelis will have beaten off competition from some of Wall Street s biggest banks. Moelis will advise Aramco…
Global Lead for Innovation in Education, Sr. Education & Technology Policy Specialist Michael Trucano is the World Bank s Senior Education & Technology Policy Specialist and Global Lead for Innovation in Education, working on issues at the intersection of technology use and education in middle- and low-income countries and emerging markets around…
Household surveys can provide detailed information on gender, income and geographic inequalities in education access, progression, attainment, and expenditures. EdStats gives users access to household survey data through the following tools and resources: The Education Equality Query holds household survey data from Demographic and Health Surveys (DHS) and Multiple…
Personal Finance These banks come out on top as measured by revenue numbers, global reach, employee headcount, income, and a number of other factors. Trading Which are the top trading firms of the world? Here is the list of the ones with highest trading revenue. Insights Learn more about the world s largest banks and how more financial power shifts eastward as…
Located in the heart of the North African coastline, adjacent to vital shipping channels connecting Europe and Asia, Tunisia has long been a regional economic influence in the Middle East and North Africa. Although socialist policies dominated the Tunisian economy throughout the latter half of the 20th century, Tunisia has re-focused its economic strategy on…
Promoting women s economic empowerment is increasingly seen as an important driving force behind economic growth and the fight against poverty. Women s economic participation as entrepreneurs, employees, and leaders is recognized as a measure of a country s economic viability and dynamism. The guide starts with a brief section on the economic rationale for gender…
Description: The World Bank Education Expenditure Database allows users to search for education expenditure data by country or by indicator. The data were extracted from World Bank public expenditure documents published since 2002. Users should not compare this data across countries because there is no standard method of calculation for many of the indicators…
People watched closely when China launched the Asian Infrastructure Investment Bank (AIIB) last year. The new multilateral development bank boasted an initial capital of $100 billion, a founding membership of 57 countries (with 24 more waiting to join end of this year), and a mandate to be “lean, clean and green.” After its first annual general meeting and seminars…
Surrey Hotel 20 East 76th Street, New York City, NY 10021 The Surrey Hotel - part of the neighborhood. The Carlyle is seen on the left. – The Surrey hotel was built pre-war in Beaux Arts architectural design. The Surrey opened in 1926 as a residence hotel, The Surrey was once home to the likes of JFK and Bette Davis. In the 1950’s George Kaufman assumed leadership…
Last Friday I spoke at this event “What Works in Education”, a research colloquium sponsored by the World Bank, J-PAL, and USAID (which, like the World Bank, has recently released a new education strategy). Among the impressive group of participants: Abhijit Banerjee, Rukmini Banerji, Paul Glewwe, Francisco Ferreira, and Michael Kremer. The colloquium focused…
The modern banking system is a result of a process of continual innovation over the decades – so here are some of the families and figures that are responsible for how the world of finance developed: The Rothschilds During the Napoleonic Wars (1803-1815), Nathan Mayer Rothschild almost single-handedly bankrolled the war effort of Britain and her allies, while…