Mobilizing Technology for Development : An Assessment of World Bank Group Preparedness
Disruptive and transformative technologies (DTT) have far-reaching implications for development. Traditional development models are being disrupted by the accelerating pace of technological change and the convergence of multiple technologies, among...
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okr-10986-354782021-06-14T09:53:40Z Mobilizing Technology for Development : An Assessment of World Bank Group Preparedness Independent Evaluation Group DIGITAL TECHNOLOGY TECHNOLOGY CHANGE FINANCIAL TECHNOLOGY WORLD BANK GROUP STRATEGY WORLD BANK GROUP OPERATIONS Disruptive and transformative technologies (DTT) have far-reaching implications for development. Traditional development models are being disrupted by the accelerating pace of technological change and the convergence of multiple technologies, among other things. Recognizing the implications of DTT for development, the World Bank Group adopted a new approach to DTT in 2018, later merging it with its 2019 DTT Mainstreaming approach, and further developing it through the 2020 Mainstreaming Digital and Disruptive Technologies (MDDT) Initiative. The Bank Group’s approach encompasses five DTT corporate priorities (country diagnostics, agile regulations, digital connectivity, digital government, and skills and capabilities for the new economy and the role of education), the Bali Fintech Agenda (financial technology and digital entrepreneurship), and sectoral and regional programs (for example, Digital Economy for Africa Moonshot/Accelerate and Middle East and North Africa Tech). The Bank Group aims to help clients harness the opportunities and mitigate the risks of DTT to accelerate progress toward achieving the twin goals of ending extreme poverty and boosting shared prosperity. This evaluation sought to answer the question, How well prepared is the Bank Group to help clients harness the opportunities and mitigate the risks posed by DTT? 2021-04-21T14:24:15Z 2021-04-21T14:24:15Z 2021-04-07 Report http://documents.worldbank.org/curated/en/786861617809997610/Mobilizing-Technology-for-Development-An-Assessment-of-World-Bank-Group-Preparedness http://hdl.handle.net/10986/35478 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research |
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Foreign Institution |
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World Bank Open Knowledge Repository |
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World Bank |
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English |
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DIGITAL TECHNOLOGY TECHNOLOGY CHANGE FINANCIAL TECHNOLOGY WORLD BANK GROUP STRATEGY WORLD BANK GROUP OPERATIONS |
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DIGITAL TECHNOLOGY TECHNOLOGY CHANGE FINANCIAL TECHNOLOGY WORLD BANK GROUP STRATEGY WORLD BANK GROUP OPERATIONS Independent Evaluation Group Mobilizing Technology for Development : An Assessment of World Bank Group Preparedness |
description |
Disruptive and transformative
technologies (DTT) have far-reaching implications for
development. Traditional development models are being
disrupted by the accelerating pace of technological change
and the convergence of multiple technologies, among other
things. Recognizing the implications of DTT for development,
the World Bank Group adopted a new approach to DTT in 2018,
later merging it with its 2019 DTT Mainstreaming approach,
and further developing it through the 2020 Mainstreaming
Digital and Disruptive Technologies (MDDT) Initiative. The
Bank Group’s approach encompasses five DTT corporate
priorities (country diagnostics, agile regulations, digital
connectivity, digital government, and skills and
capabilities for the new economy and the role of education),
the Bali Fintech Agenda (financial technology and digital
entrepreneurship), and sectoral and regional programs (for
example, Digital Economy for Africa Moonshot/Accelerate and
Middle East and North Africa Tech). The Bank Group aims to
help clients harness the opportunities and mitigate the
risks of DTT to accelerate progress toward achieving the
twin goals of ending extreme poverty and boosting shared
prosperity. This evaluation sought to answer the question,
How well prepared is the Bank Group to help clients harness
the opportunities and mitigate the risks posed by DTT? |
format |
Report |
author |
Independent Evaluation Group |
author_facet |
Independent Evaluation Group |
author_sort |
Independent Evaluation Group |
title |
Mobilizing Technology for Development : An Assessment of World Bank Group Preparedness |
title_short |
Mobilizing Technology for Development : An Assessment of World Bank Group Preparedness |
title_full |
Mobilizing Technology for Development : An Assessment of World Bank Group Preparedness |
title_fullStr |
Mobilizing Technology for Development : An Assessment of World Bank Group Preparedness |
title_full_unstemmed |
Mobilizing Technology for Development : An Assessment of World Bank Group Preparedness |
title_sort |
mobilizing technology for development : an assessment of world bank group preparedness |
publisher |
World Bank, Washington, DC |
publishDate |
2021 |
url |
http://documents.worldbank.org/curated/en/786861617809997610/Mobilizing-Technology-for-Development-An-Assessment-of-World-Bank-Group-Preparedness http://hdl.handle.net/10986/35478 |
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1764483120982130688 |