The Role of Business & Multi-Stakeholder Partnerships in Development Djordjija Petkoski Head: Business, Competitiveness & Development Team World Bank Institute. An Unbalanced World: The Big Picture A New Paradigm: The Role of Business in Development Corporate Responsibility (CR)
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Head: Business, Competitiveness & Development Team
World Bank Institute
I. An Unbalanced World: Development
The Big Picture
The amount needed to provide basic health and nutrition to everyone in the world is US $13 billion.
Every day more than 16,000 children die from hunger- related causes – one child every five seconds.
Amount spent on perfumes in Europe and the US: US $12 billion.
Every day 8,500 people die and 13,000 others are newly infected with HIV. By 2010, more than 25 million children will be orphaned by AIDS worldwide.
In some parts of Africa, one-third of all pregnant woman have HIV/AIDS. In Swaziland, for example, nearly 40% of pregnant women are HIV positive.
The World Bank estimates that a mild pandemic of Avian Flu would cause at least US $800 billion in global economic damage; economies would need approximately 3 years to recover from such a shock.
Business and Development Development
Drivers of increased private sector involvement in development solutions
Drivers, cont. development solutions
Source: Ranking based on corp. revenue data from Fortune Magazine, October 1, 2005; and GDP data from World Bank World Development Indicators (WDI) Report 2005.
III. Corporate Responsibility (CR) development solutions
Total net capital flows
Net private flows
Net official flows
Source: Global Development Finance Report, 2005
IV. Multi-Stakeholder Partnerships development solutions
A Multi-Stakeholder Approach to Governance development solutions
V. Examples development solutions
Business Alliance for Food Fortification (BAFF)
Brazil: Multi-Stakeholder Partnerships for Sustainable Competitiveness
VI. Challenges of Multi-Stakeholder Partnerships Competitiveness
The future depends on Competitiveness
what we do in the present.
New challenge for current and future business and public sector leaders: how to capitalize on business opportunities while ensuring sustainability through addressing global development challenges?
Thank you sector leaders: how to capitalize on business opportunities while ensuring sustainability through addressing global development challenges?
Head, Business, Competitiveness & Development
World Bank Institute