World Bank

The World Bank is an international financial institution that provides loans to developing countries for capital programs. The World Bank Group has set two goals for the world to achieve by 2030: end extreme poverty by decreasing the percentage of people living on less than $1.25 a day to no more than 3%; promote shared prosperity by fostering the income growth of the bottom 40% for every country. According to its Articles of Agreement all its decisions must be guided by a commitment to the promotion of foreign investment and international trade and to the facilitation of capital investment.

All datasets: K
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    • Knowledge Economy Index, World Bank (discontinued)
      जनवरी 2012
      Source: World Bank
      Uploaded by: Knoema
      Accessed On: 26 अगस्त, 2013
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      The World Bank’s Knowledge Assessment Methodology (KAM: www.worldbank.org/kam) is an online interactive tool that produces the Knowledge Economy Index (KEI)–an aggregate index representing a country’s or region’s overall preparedness to compete in the Knowledge Economy (KE). The KEI is based on a simple average of four subindexes, which represent the four pillars of the knowledge economy:  Economic Incentive and Institutional Regime (EIR)  Innovation and Technological Adoption  Education and Training  Information and Communications Technologies (ICT) Infrastructure The EIR comprises incentives that promote the efficient use of existing and new knowledge and the flourishing of entrepreneurship. An efficient innovation system made up of firms, research centers, universities, think tanks, consultants, and other organizations can tap into the growing stock of global knowledge, adapt it to local needs, and create new technological solutions. An educated and appropriately trained population is capable of creating, sharing, and using knowledge. A modern and accessible ICT infrastructure serves to facilitate the effective communication, dissemination, and processing of information.