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Publication(Washington, DC: World Bank, 2022-02-07) Gentilini,Ugo ; Almenfi,Mohamed Bubaker Alsafi ; Iyengar,TMM ; Okamura,Yuko ; Downes,John Austin ; Dale,Pamela ; Weber,Michael ; Newhouse,David Locke ; Rodriguez Alas,Claudia P ; Kamran,Mareeha ; Mujica Canas,Ingrid Veronica ; Fontenez,Maria Belen ; Asieduah,Sandra ; Mahboobani Martinez,Vikesh Ramesh ; Reyes Hartley,Gonzalo Javier ; Demarco,Gustavo C. ; Abels,Miglena ; Zafar,Usama ; Urteaga,Emilio Raul ; Valleriani,Giorgia ; Muhindo,Jimmy Vulembera ; Aziz,SherazAs of January 2022, a total of 3,856 social protection and labor measures were planned or implemented by 223 economies. This constitutes a net increase of 523 measures, or 15.6 percent since the last update in May 2021. While noteworthy, such increase is the lowest among net additions observed over previous semesters. In fact, the global pace of measures’ introduction over January 2020-January 2022 has been slowing down. This report focuses on the real-time review of country measures in terms of social protection and job responses to Coronavirus (COVID-19).
The Business Case for Investing in Women’s Employment in Iraq: Company Insight - Ashur International Bank for Investment - Advancing Women in Business Leadership & Management Banking/ Financial Sector, Iraq(World Bank, Washington, DC, 2022) International Finance Corporation ; World BankIn Iraq, women are generally absent from senior management and leadership positions, with an estimated representation of just 1 percent - even lower than the regional average. Women also account for more than half of the financial sector’s workforce, owing in part to government directives to appoint more females within Iraqi banks. In 2018, with International Finance Corporation (IFC) assistance, the Central Bank of Iraq required that every Iraqi bank’s board of directors should include at least one woman. Many private banks in Iraq are currently developing modern banking practices, with several of them prioritizing gender diversity in leadership positions. This company insight explores the experience of one such Iraqi bank, Ashur International Bank for Investment (Ashur Bank), which has been a pioneer for private banks in recruiting and promoting women to management positions. In Ashur Bank’s experience, these policies have improved the company’s performance, driven economic growth and profitability, and improved innovation. The sample size however is not statistically significant and cannot be used to draw definite conclusions but rather provides anecdotal evidence on the topic of this study.