⚡ Analysis: A World Without Work

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Analysis: A World Without Work

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A world Without work -- Daniel Susskind -- Technology, Automation, and How we should respond

A higher ranking in the influential World Bank publication can mean increased inflows of foreign investment funds, boosting countries' economies and financial markets, as fund managers have built the Doing Business rankings into their analytical models. Current and former bank officials say countries are always pressing their case for a higher ranking. Georgieva has blamed the office of former World Bank President Jim Yong Kim for ordering changes that were outside of the report's established methodology. The changes, first identified in a December review , included removal of metrics for the amount of time it took to open a bank account and obtain invoices, which reduced the amount of time estimated to start a business in Beijing and Shanghai.

Prominent economists and women leaders are rallying to Georgieva's defense with published opinion pieces and tweets , including former World Bank chief economist Joseph Stiglitz, who has labeled the allegations a "coup attempt" at the IMF. Shanta Devarajan, the former World Bank official in charge of the Doing Business report in , says he was never pressured by Georgieva to alter the report. He later told Reuters that changes were made without his consultation, but he does not know by whom.

Georgieva and lawyers from WilmerHale, the law firm hired by the World Bank's Executive Board that produced the investigation report, are to be interviewed early this week by the IMF's executive board as the probe intensifies, Reuters reported on Sunday. Finance ministers of major economies, including U. Download the report. Explore the Deforestation Fronts. Agriculture is the leading driver of deforestation globally. A growing global population and increased food consumption has led to many forests being converted into farms. The type of agriculture varies, but includes predominantly commercial agriculture, smallholder farming and cattle ranching in Latin America; subsistence and smallholder commercial farming in sub-Saharan Africa; and commercial agriculture and vast plantations in Southeast Asia.

Increased public and private sector collaboration and alignment of efforts to address deforestation and conversion are an important step to increasing sustainable food production and local peoples' livelihoods while reducing the environmental impacts of production and reducing greenhouse gas emissions. Deforestation is also being driven by logging, human migration and population increases, extractive industries mining, oil and gas , transport and infrastructure projects and expanding towns and cities.

The exact causes of deforestation change over time, and vary from region to region. These regional differences highlight the need for place-based solutions that take specific local contexts into account. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. IEA Skip navigation. Close Search Submit. Overview Browse all Topics Programmes. Flagship report Global Energy Review Assessing the effects of economic recoveries on global energy demand and CO2 emissions in April Read more Read more Read more Read more. Technology report Global EV Outlook Flagship report Electricity Security Challenges and opportunities ahead for electricity security.

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