-Livemint.com A world bank report cautions that the urban poor will bear the brunt of losses if cities don’t become more resilient to natural disasters, shocks, and stresses New Delhi: By 2030, without significant investment into making cities more resilient, climate change may push up to 77 million more urban residents into poverty, said a new report released by the world bank on Wednesday. The report ‘Investing in Urban Resilience’ by the World...

-PTI Washington: Automation threatens 69 per cent of the jobs in India, while 77 per cent in China, according to a world bank research which has said that technology could fundamentally disrupt the pattern of traditional economic path in developing countries. "As we continue to encourage more investment in infrastructure to promote growth, we also have to think about the kinds of infrastructure that countries will need in the economy of the...

-Livemint.com The report compiled by the world bank group and Unicef says that South Asia has the second highest share at nearly 36%—with over 30% of extremely poor children living in India alone United Nations: India is home to over 30% of almost 385 million children living in extreme poverty, the highest in South Asia, according to a new report by the world bank Group and Unicef. The report ‘Ending Extreme...

-Livemint.com India continues to have high stunting levels, despite impressive growth New Delhi: India has earned a lot of praise from leaders of international economic institutions and forums for being the fastest growing economy in the world in recent years. This might not be the case when world capitalist leaders meet in Davos for the 2017 World Economic Forum in January next year. Jim Yong Kim, the world bank’s president, has...

-Down to Earth A new report by the world bank finds that extreme poverty is falling globally A new world bank study on poverty and shared prosperity says that extreme poverty continues to fall worldwide despite the lethargic state of the global economy. However, the report warns that given projected growth trends, reducing high inequality may be necessary for reaching the goal of ending extreme poverty by 2030. In 60 out of the...