World Social Report 2021

The World Social Report 2021 points to new directions in which rural development strategies need to be reconsidered. It offers strategic principles, programs of action, and a set of concrete policies that can be combined to devise effective strategies to help realize the potential of rural development and achieve the SDGs. Reexamining the narrow view of rural development, it expands the discussion to include the role of development in achieving the wider set of SDGs. In doing so, it pays particular attention to the interaction of rural development with SDG 6 (clean water and sanitation), SDG 8 (economic growth and decent work), SDG 9 (infrastructure), SDG 11 (sustainable communities), SDG 13 (climate change), SDG 14 (life below water) and SDG 15 (life on land). The interlinkages of all these Goals suggest that there exist potential synergies between rural development and sustainable efforts in many other directions.

The World Social Report 2021 points to new directions in which rural development strategies need to be reconsidered. It offers certain strategic principles, programmes of action, and a set of concrete policies that can be combined to devise effective strategies that can help to realize the potential of rural development and achieve the SDGs. WSR 2021 will reexamine the narrow view of rural development and expand the discussion to include the role of development in achieving the wider set of SDGs. In doing the latter, it intends to pay particular attention to the interaction of rural development with SDG 6 (clean water and sanitation), SDG 8 (economic growth and decent work), SDG 9 (infrastructure), SDG 11 (sustainable communities), SDG 13 (climate change), SDG 14 (life below water) and SDG 15 (life on land). The interlinkages of all these Goals suggest that there exist potential synergies between rural development and sustainable efforts in many other directions.

This report examines the links between inequality and other major global trends (or megatrends), with a focus on technological change, climate change, urbanization and international migration. The analysis pays particular attention to poverty and labour market trends, as they mediate the distributional impacts of the major trends selected. It also provides policy recommendations to manage these megatrends in an equitable manner and considers the policy implications, so as to reduce inequalities and support their implementation.

Contains insights on current issues in research on sustainable development, featuring the SDG Index and Dashboards.

In 2011 the World Bank—with funding from the Bill and Melinda Gates Foundation—launched the Global Findex database, the world's most comprehensive data set on how adults save, borrow, make payments, and manage risk. Drawing on survey data collected in collaboration with Gallup, Inc., the Global Findex database covers more than 140 economies around the world. The initial survey round was followed by a second one in 2014 and by a third in 2017. Compiled using nationally representative surveys of more than 150,000 adults age 15 and above in over 140 economies, The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution includes updated indicators on access to and use of formal and informal financial services. It has additional data on the use of financial technology (or fintech), including the use of mobile phones and the Internet to conduct financial transactions. The data reveal opportunities to expand access to financial services among people who do not have an account—the unbanked—as well as to promote greater use of digital financial services among those who do have an account. The Global Findex database has become a mainstay of global efforts to promote financial inclusion. In addition to being widely cited by scholars and development practitioners, Global Findex data are used to track progress toward the World Bank goal of Universal Financial Access by 2020 and the United Nations Sustainable Development Goals. The database, the full text of the report, and the underlying country-level data for all figures—along with the questionnaire, the survey methodology, and other relevant materials—are available at www.worldbank.org/globalfindex.

This first report deals with some of the major development issues confronting the developing countries and explores the relationship of the major trends in the international economy to them. It is designed to help clarify some of the linkages between the international economy and domestic strategies in the developing countries against the background of growing interdependence and increasing complexity in the world economy. It assesses the prospects for progress in accelerating growth and alleviating poverty, and identifies some of the major policy issues which will affect these prospects.