Recently, the United Nations Conference on Trade and Development (UNCTAD) released the World Investment Report 2020.; The report monitors the global as well as regional FDI trends and also documents the national and international investment policy developments. Mains Paper 3: Economy Prelims level: India’s National Mineral Policy 2019 Mains level: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. Learn about Global Value Chains (GVCs) - focus of the WDR 2021. The World Water Development Report is also released by the UN every year around World … Ease of Doing Business . The celebrations to mark world water day started from the year 1993. The draft World Development report said that self-employment, informal wage work with no written contracts and protections, and low-productivity jobs more generally are the norm in most of the developing world. Work is constantly reshaped by technological progress. International Organisations' Report are important for IAS Exam. Which one of the following issues the ‘Global Economic Prospects’ report periodically? For Mains: Significance of remittances and challenges therein. India’s Best Online Website for IAS Exam Preparation. The government on Wednesday released employment data from three social security organisations which showed India added some 3.46 million people to the formal workforce between September last year and February 2018. The world’s top three countries in HDI are Norway, Australia and Switzerland. Informal firms are run by uneducated owners, serve low-income consumers, and use little capital—informal firms add only 15% of the value per employee of formal firms. Time to Care: Unpaid and Underpaid Care Work and the Global Inequality Crisis, Copyright@IAS Abhiyan-2020 I All Rights Reserved. This article will talk about key findings of World Development Report 2020 for IAS 2021 preparation. A fuller picture of a country’s level of human development requires analysis of other indicators and information presented in the statistical annex of the report. Technology is changing the skills that employers seek. Even in advanced economies, short-term work, often found through online platforms, is posing similar challenges to those faced by the world’s informal workers. World Development Report is published by the World Bank. HDI is part of the Human Development Report that is published by the United Nations Development Programme (). The World Development Report (WDR) 2019: The Changing Nature of Work studies how the nature of work is changing as a result of advances in technology today. Download free notes PDF for UPSC exam. World Development Report (IBRD) Global economic growth forecast. The World Bank. People also learn valuable skills at work, but how does learning differ between different types of workers? The report is a joint effort of the UN agencies and entities which make up UN-Water. However, it says that the overall growth rate will continue to fall. India Rank 144 out of 156. * This amounts sets out the World Bank’s commitment to sustainable development, through a World Bank Policy and a set of Environmental and Social Standards that are designed to support borrowers’ projects, with the aim It uses publicly available data published by official data providers (World Bank, WHO, ILO, others) and other organizations including research centers and non-governmental … While small-scale informal enterprises are unlikely to formalize and grow, the owners of informal firms can obtain formal jobs. PUBLISHED BY. Changes in the relative demand for skills necessitates greater investments in foundational human capital. According to the report the remittances of India will fall by 9% by the end of 2020. Human Capital Index (HCI), 2019 by World Bank. In light of changing labor markets and persistent informality, is it time to rethink social protection systems? The World Bank . Workers need to be better at complex problem-solving, teamwork and adaptability. Cooperation will be crucial; sustainable development depends on a global policy climate that remains conducive to cross-border investment. Making a case for creating more formal jobs, the World Bank in its draft World Development Report 2019 said in India the pay-offs in the formal sector are over twice as much as in the informal sector, which is among the largest in the world. However, it does not give a clear picture on whether these are new jobs or a result of formalization of existing informal employment due to factors such as the implementation of the goods and services tax (GST). Chapter 2 looks at some of the most pressing issues. World Population Projections 2019 Report published by UN | UPSC – IAS. The 2011 World development report looks across disciplines and experiences drawn from around the world to offer some ideas and practical recommendations on how to move beyond conflict and fragility and secure development. The World Bank Environmental & Social Framework 2020 for the second year in a row. The theme for the 2020 International Day Against Drug Abuse and Illicit Trafficking “Better Knowledge for Better Care”.. The Human Development Index (HDI) is a summary measure of average achievement in key dimensions of human development: The World Water development report is an annual thematic report released by UN Water and coordinated by the World Water Assessment Program. (UPSC CSE Prelims 2015) (a) The Asian Development Bank (b) The European Bank for Reconstruction and Development Trade and Development Report 2018. The World Bank said informal workers show resourcefulness in handling the constraints they face, but the businesses they run are too small to raise the livelihoods of their owners. The next 30 years will see the population add 2 billion people to today’s 7.7 billion. Your One-Stop Solution for All round UPSC Civil Service Exam Preparations. World Employment and Social Outlook. The world economy is again under stress. Improvements in infrastructure in towns and villages could encourage formal firms to establish themselves, near-poor workers. TITLE. Where can governments start? India was ranked 129 out of 189 countries on the 2019 Human Development Index (HDI) improving from the 130 th position in 2018. Technological progress might bring opportunity, but it can be disruptive in the process. Topics Covered: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment. The HDI is a measure for assessing progress in three basic dimensions of human development: a long and healthy life, access to knowledge, and access to a decent standard of living. Chapter 3 presents the World Bank’s new Human Capital Index. Washington, DC 20433 USA. Even in advanced economies, short-term work, often found through online platforms, is posing similar challenges to those faced by the world’s informal workers. In a report titled ‘Jobless Growth?’ released earlier this month, the World Bank said to keep employment rates constant, India needs to create 8 million jobs per year as it adds 1.3 million to the working-age population every month. The sustainable development solutions network of United Nations releases World Happiness report on 20 th March of every year as the UN celebrates World Happiness Day on this day.. Context. A team of Dedicated Mentors are at work to help you through Revision, Current Affairs, Test Series, Standard Notes to ace Your Dream to became an IAS ! Instead, technology is bringing opportunity, paving the way to create new jobs, increase productivity, and improve public service delivery. From UPSC perspective, the following things are important: ... As part of this World Development Report (WDR), the World Bank has launched a Human Capital Project (HCP). Overall, technology brings opportunity, paving the way to create new jobs, increase productivity, and deliver effective public services. Read Full Report. First World Happiness Report 2020 released. The world is steadily losing its vertebrate population due to enormous changes in land use patterns, according to the Living Planet Report 2020 published on September 10. Fears that robots will take away jobs from people have dominated the discussion over the future of work, but the World Development Report 2019 finds that on balance this appears to be unfounded. Human Development Index (HDI) Report India. World Bank report on remittances What to study? 2016 Human Development Report has been released released by the UNDP. UPSC had tested the knowledge of aspirants about the names of reports published by various organisations in Civil Services Examination Prelims 2014 and Civil Services Examination Prelims 2015. How are increased automation and digitization impacting business? And the timing is excellent: education has long been critical to human welfare, but it is even more so in a time of rapid economic and social change. Firms adopt new ways of production, markets expand, and societies evolve. Read which report is published by organisations like World Bank, World Economic Forum, International Monetary Fund, etc. Chapter 1 considers this question and presents a new framework for thinking about the changing nature of work. How can we best prepare people who are currently in work? In this article, I wanna walk you through the Human Development Index (HDI), IHDI, GII, GDI, MPI, for the UPSC IAS exam.. Human Development Index. They also rarely transition to the formal sector. Technology is changing the skills that employers seek. Executive Summary English | Français | Español | Русский | ا لعربية | 中文 (pdf) Italiano | Português | हिन्दी | Deutsch | Korean(pdf) Download the list of international organisations' reports PDF for UPSC 2021. Workers need to be good at complex problem-solving, teamwork and adaptability. On October 30, 2020, the World Bank released the migration and development brief report. In another draft report titled Systematic Country Diagnostic (SCD) for India, the World Bank said India needs to create regular, salaried jobs with growing earnings rather than self-employed ones, in order to join the ranks of the global middle class by 2047—the centenary of its independence. What are the facts? But having said that, you have to be smart and one of the aspects of being smart is you try not to worry about the things which are not in your control. Context: Making a case for creating more formal jobs, the World Bank in its draft World Development Report 2019 said in India the pay-offs in the formal sector are over twice as much as in the informal sector, which is among the largest in the world. According to the report, global FDI flows are forecast to decrease by up to 40% in 2020,from … The World Development Report 2014 (WDR 2014), Risk and Opportunity: Managing Risk for Development, contends that the solution is not to reject change in order to avoid risk but to prepare for the opportunities and risks that change entails. UN Office on Drugs and Crime (UNODC) on the International Day Against Drug Abuse celebrated every year on 26th June. World Happiness Report 2020. About the World Happiness Report. The aim of the day is to increase awareness among people about the importance, need and conservation of water. Context: World Bank has released its Migration and Development Brief. How can the changing nature of work be harnessed to improve social inclusion and at what cost? The Report concludes that GVCs can continue to boost growth, create better jobs, and reduce poverty, provided that developing countries undertake deeper reforms and industrial countries pursue open, predictable policies. The rise of the digital platform firm means that technological effects reach more people faster than ever before. Spotlight News Analysis by All India Radio-UPSC. The rise of the digital platform firm means that technological effects reach more people faster than ever before. Digital technology is also changing how people work and the terms on which they work. Home UPSC Topper's Notes Report and Indices for 2020 UPSC published by different organisations ... World Development Report . Technology is changing how people work and the terms on which they work. Fears that robots will take away jobs from people have dominated the discussion over the future of work, but the World Development Report 2019 finds that on balance this appears to be unfounded. The lack of credible and periodic data on job creation in the economy has been a major weakness of India’s statistical system. The Asia Pacific region lost 45 per cent of its vertebrate population in four-and-half decades, while the global average is 68 per cent. Key … Continue … The report is published every five years, on 10 November, to mark World Science Day for Peace and Development. World Development Report 2019—Competition Winners. The development of the WWDR is coordinated by the World Water Assessment Programme (WWAP). This report is also known as Bhutanese resolution as the Bhutan government believes that the … WHO’s World Health Statistics — an annual check-up on the world’s health — reports progress against a series of key health and health service indicators, revealing some important lessons in terms of progress made towards the Sustainable Development Goals and gaps to fill. Please go through the questions below. Investing in human capital must be a priority for governments in order for workers to build the skills in demand in the labor market. The World Happiness Report ranks 156 countries by how happy their citizens perceive themselves to be. Notify me of follow-up comments by email. For Prelims: Remittances- inward and outward- country- wise. The Bank said regardless of how work may be changing, for low and middle-income countries, it is persistent informality and low-productivity employment that poses the greatest challenge. Firms can grow rapidly thanks to digital transformation, expanding their boundaries and reshaping traditional production patterns. The immediate pressures are building around escalating tariffs and volatile financial flows but behind these threats to global stability is a wider failure, since 2008, to address the inequities and imbalances of our hyper globalized world. Context: • India’s National Mineral Policy 2019 … The World Development Report (WDR) 2019: The Changing Nature of Work studies how the nature of work is changing as a result of advances in technology today. The World Development Report 2018 (WDR 2018)—LEARNING to Realize Education’s Promise—is the first ever devoted entirely to education. Nothing is too much when you're preparing for UPSC CSE. ; About the Report. ; The rankings are based on polling (Gallup World Poll) which looks at six variables: GDP per capita, social support, healthy life expectancy, freedom, generosity, and absence of corruption. THEME 2020. The Sustainable Development Report (including the SDG Index & Dashboards) is a complement to the official SDG indicators and voluntary country-led review processes. India’s remittances will drop down to 76 billion USD due to covid-19 crisis and the Global economic recession . The latest report was released at the 8th World Water Forum in Brasilia, hosted by Brazil. The HCP programme is claimed to be a program of advocacy, measurement, and analytical work to raise awareness and increase demand for interventions to build human capital. 1818 H Street, N.W. World Drug report 2020. The report is not an official monitoring tool. Firms can grow rapidly thanks to digital transformation, which blurs their boundaries and challenges traditional production patterns. In addition, governments need to enhance social protection and extend it to all people in society, irrespective of the terms on which they work. To fund these investments in human capital and social protection, the Report offers some suggestions as to how governments can mobilize additional revenues by increasing the tax base. The World Investment Report, now in its thirtieth year, supports policymakers by monitoring global and regional FDI trends and documenting national and international investment policy developments. 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