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  • MPI Ethno. Forsch.  (16,835)
  • Bayreuth UB  (4)
  • HU Berlin
  • English  (16,836)
  • Polish
  • Washington, D.C : The World Bank  (13,889)
  • [Erscheinungsort nicht ermittelbar] : Frontiers Media SA  (2,947)
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  • 1
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: IEG Independent Evaluations and Annual Reviews
    Keywords: Finance and Development ; Finance and Financial Sector Development ; Financial Support ; IDA ; Jobs ; Labor Markets ; Reform ; Social Protections and Labor
    Abstract: This evaluation is the first stage of the Independent Evaluation Group's assessment of the World Bank's support for more, better, and more inclusive jobs through International Development Association (IDA) financing, and it assesses the implementation of IDA-supported interventions directly supporting its jobs objectives across the three Replenishment cycles from fiscal years 2015 to 2022. Supporting the creation of more, better, and more inclusive jobs is critical towards achieving the goals of poverty reduction and shared prosperity in countries. This is especially true for countries that are eligible for International Development Association (IDA) financing. Since 2014, IDA has included jobs as a special theme, and subsequent IDA replenishments have had what this evaluation calls an 'IDA jobs strategy.' This strategy included explicit objectives, a series of policy commitments to achieve them, and results indicators to track them. This evaluation represents the first stage of the Independent Evaluation Group's assessment of the World Bank's performance in supporting more, better, and more inclusive jobs through IDA financing. It assesses the implementation of IDA-supported interventions that directly supported its jobs objectives across the three Replenishment cycles from fiscal years 2015 to 2022. The evaluation answers two questions: (i) To what extent IDA's strategy on jobs was grounded in sound analytics, adaptive, and operationally relevant (ii) To what extent the strategy has been translated into relevant and effective jobs interventions that directly address the objectives of more, better, and more inclusive jobs The scope of the evaluation is limited to the three main channels for achieving IDA jobs objectives: acting on labor demand, increasing labor supply, and improving labor market flexibility and geographic mobility. The report offers recommendations for further strengthening of the IDA jobs agenda towards the objective of supporting more, better, and more inclusive jobs
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  • 2
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Education Study
    Keywords: Education ; Education Reform and Management ; Latin America ; Learning ; Pisa
    Abstract: This report explores the results of the latest round of PISA for countries in Latin America and the Caribbean (LAC), showcasing the results for the region, the differences within the region and between the region and the rest of the world. For this round of PISA, 14 countries of LAC participated in the assessment, representing the largest number of LAC countries in the assessment since its inception. The report covers three key insights: (1) learning is low and highly unequal in LAC, (2) for most countries trends in learning are not moving in the right direction; and (3) countries in LAC should ensure that all students acquire at least basic proficiency in foundational skills, by addressing disparities and focusing on the effective use of technology
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  • 3
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Mobility and Transport Connectivity
    Keywords: BART ; Bot Concession ; Denver ; Infrastructure Economics and Finance ; Italy ; Kuala Lumpur ; Madrid ; Melbourne ; PPP ; Private Participation in Infrastructure ; Railways ; San Francisco ; Tokyo ; Urban Development
    Abstract: Railways play an important role in the transportation systems of many developing countries. Railways stations are a key but often neglected part of this railway service. Many countries are considering railway station redevelopment to improve their rail service. They include many developing countries In this report, the term redevelopment refers to changes to existing stations (as opposed to new development). It encompasses refurbishment, renovation, or improvement to station buildings, platforms, and operational rail infrastructure and to the land in its surrounding areas. Much of this report will focus on the redevelopment of the railway station building itself, as this is often the first level of station redevelopment considered. While station redevelopment projects provide many benefits, they are complex to deliver and require a unique set of knowledge, skills, and know-how. This is particularly true when the railway intends to deliver a project through a public-private partnership (PPP) scheme. PPPs require appropriate institutional arrangement with financial and legal expertise to structure, procure, and implement PPP transactions successfully. The objective of this report is to provide railway authorities and policy makers with guidance and knowledge to help in design and implementation of railway station redevelopment projects, leading to more viable and successful projects
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  • 4
    Language: English
    Pages: 1 Online-Ressource (264 pages)
    Series Statement: International Development in Focus
    Parallel Title: Erscheint auch als
    Keywords: Design ; Interconnection ; Mini Grids ; Reliability ; Resilience ; Undergrid Areas
    Abstract: TRaditionally, mini grids have been viewed as "off-grid" systems that are built and operated solely for communities without electricity. The reality, however, is that millions of people in Sub-Saharan Africa and India who are connected to the main grid suffer from poor grid reliability ("weak grid"), sometimes with a power supply of less than 4 to 8 hours daily and with frequent disputes over the accuracy of billing. As a backstop, these poorly served customers often find themselves forced to rely on small fossil fuel "powered generators that are noisy, polluting, and expensive to operate. Mini Grid Solutions for Underserved Customers: New Insights from Nigeria and India explores another option: undergrid mini grids. These are mostly solar hybrid "powered mini grids built and operated by private companies in areas already connected with the main electricity grid but facing poor technical and commercial service. This comprehensive book examines how undergrid mini grids can create win-win-win outcomes for retail customers, distribution enterprises, and mini grid developers. Drawing on extensive discussions with pioneering developers, the book showcases detailed case studies from Nigeria and India, shedding light on the challenges and opportunities of interconnected and non-interconnected undergrid mini grids. The authors address technical issues of grid interconnection and delve into the policy and regulatory considerations crucial for the financial sustainability and success of undergrid mini grids. The book is an invaluable resource for policy makers, energy practitioners, and researchers seeking practical insights to bridge the electricity access gap, empower communities with reliable and affordable electricity, and drive environmentally and commercially sustainable development. -- "The report is rich with insight, not least because the authors have been able to contrast the Nigeria and India approaches taken by the respective private sectors in each country. The five case studies are very valuable. The authors have powerfully illustrated the importance of the policy and regulatory framework and how that translates into investor behavior." - Mohua Mukherjee, Senior Research Fellow, Oxford Institute of Energy Studies -- "This great report represents a pivotal turning point in the history of energy and has global implications for the role of mini grids for communities that have been poorly served by main grid utilities." - Peter Lilienthal, Founder HOMER Energy -- "This is a tremendous addition to the literature on mini grids and an important guide for all of us practitioners working in this area." - James Sherwood, Director of Research & Innovation, RMI | Global South Program -- "This refreshingly honest and open report provides an excellent overview of interconnected and isolated mini grids, as well as a thorough analysis of key ground-level implementation issues in regulation, business, and engineering." - Joanis Holzigel, Chief Operating Officer, INENSUS
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  • 5
    Language: English
    Pages: 1 Online-Ressource (44 pages)
    Parallel Title: Erscheint auch als Redaelli, Silvia Assessing the Extent of Monetary Poverty in the Syrian Arab Republic after a Decade of Conflict
    Keywords: Data Deprivation ; Fragility and Conflict ; Poverty Measurement ; Poverty Monitoring and Analysis ; Poverty Nowcasting ; Poverty Reduction ; Social Conflict and Violence ; Social Development ; Social Development and Poverty
    Abstract: The data for estimating monetary poverty in the Syrian Arab Republic are outdated. In the context of data scarcity, this paper aims to propose a methodological approach to address the knowledge gap regarding welfare in Syria over the past decade. In particular, the analysis provides (i) updated pre-conflict poverty baseline estimates based on grouped data from the 2009 Household Income and Expenditure Survey; (ii) supporting evidence on the viability of using Humanitarian Needs Assessment Programme Demographic and Water Supply, Sanitation, and Hygiene 2022 survey data for the estimation of monetary poverty in 2022; and (iii) supporting theoretical and empirical evidence to identify growth in per capita gross domestic product in current prices deflated by Consumer Price Index as the best metric to project poverty using a nowcasting approach. Based on this analysis, the paper proposes to use 2022 Humanitarian Needs Assessment Programme-based poverty estimates to anchor the most recent estimates to the best available evidence, and to interpolate the poverty evolution obtained from back-casting 2022 and nowcasting 2009 poverty estimates over 2009-22 using the growth rate of per capita gross domestic product in current prices, deflated by the Consumer Price Index with a passthrough of 0.7
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  • 6
    Language: English
    Pages: 1 Online-Ressource (48 pages)
    Parallel Title: Erscheint auch als Jellema, Jon Gender and Fiscal Policy: A Methodological Proposal and its Application to Jordan and Armenia
    Keywords: Finance and Development ; Finance and Financial Sector Development ; Gender ; Gender and Development ; Gender and Social Development ; Incidence Analysis ; Social Analysis ; Social Development ; Taxes ; Transfers
    Abstract: Fiscal policies affect households and individuals in a variety of ways. Even though these effects are likely to be different for men and women, conventional tools of fiscal incidence analysis are typically unable to capture these gender differences. Using a particular type of incidence analysis known in the literature as the Commitment to Equity framework, this paper proposes a methodology to overcome this challenge. A particular novelty the paper introduces is the explicit incorporation of social reproduction into the fiscal incidence analysis framework, enabling the implicit valuation of unpaid work that is typically undertaken by women on activities such as cooking, cleaning, and caring for children and the elderly. Applying this methodology to the cases of Jordan and Armenia -- two countries with very different approaches to fiscal policy and cultural norms around the economic and social roles of men and women -- the paper also highlights some of the insights that this engendered perspective could add to standard fiscal incidence analysis
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  • 7
    Language: English
    Pages: 1 Online-Ressource (66 pages)
    Parallel Title: Erscheint auch als Lebrand, Mathilde Does Africa Need More Roads in the Digital Age? Evidence of Complementarities in Infrastructure
    Keywords: Employment ; Employment and Unemployment ; ICT Applications ; Information and Communication Technologies ; Infrastructure ; Infrastructure Economics ; Infrastructure Economics and Finance ; Social Protections and Labor ; Structured Transformation
    Abstract: This paper investigates whether the expansion of fast internet networks complements or substitutes for the development of roads to improve market access and create more and higher-skilled jobs in Africa. The paper combines the geographic locations of households and firms with the locations of main roads and optical-fiber nodes in 25 Sub-Saharan African countries. Using the difference-in-differences and instrumental variables approaches and leveraging the history of post-independence road building and the timing of the arrival of submarine internet, the paper examines the impacts of access to these two types of infrastructure, both in isolation and in combination. The findings show that improving access to both has large and positive complementary effects. On average, the additional impacts on employment from combining access to both types of infrastructure are 22 percent larger than the sum of their isolated effects. The findings suggest that a big push for combined investments in fast internet and road access could enhance economic development in Africa overall. Firms and workers in urban locations, female workers, and workers with higher levels of education gain the most from the complementarities that emerge
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  • 8
    Language: English
    Pages: 1 Online-Ressource (28 pages)
    Parallel Title: Erscheint auch als Coulibaly, Mohamed Responsibility Sharing and the Economic Participation of Refugees in Chad
    Keywords: Adaptation To Climate Change ; Climate Change ; Communities and Human Settlements ; Disaster Risk Management ; Environment ; Flood and Drought Risk Management ; Human Migrations and Resettlements ; Natural Resources Management ; Poverty Assessment ; Poverty Reduction
    Abstract: The Global Compact on Refugees recognizes the importance of responsibility sharing for hosting, protecting, and assisting refugees, while emphasizing the potential of economic participation to reduce the cost of humanitarian assistance. This note explores the relative importance of aid in caring for refugees hosted in Chad and the importance of the incomes earned by the refugees. It finds that the combination of aid and self-earned incomes falls far short of a minimum standard of living (the poverty line) as a consequence of which the vast majority of refugees lives in abject poverty. It is also finds that although refugees are hosted in camps with relatively few economic opportunities, self-generated income covers 54 percent of the poverty line and aid only 14 percent. As Chad has adopted a policy of refugee inclusion and dispersion, the note then explores how much these progressive policies might increase the income earning potential of refugees. This is found to be substantial. Economic participation policies are estimated to reduce refugee poverty from 88 to 50 percent (thus increasing the self-sufficiency of refugees dramatically), while increasing the incomes generated by poor refugees by more than 50 percent. The greatest participation benefits will be realized when refugees move to areas with more economic potential
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  • 9
    Language: English
    Pages: 1 Online-Ressource (28 pages)
    Parallel Title: Erscheint auch als Lain, Jonathan Comparing Internally Displaced Persons with those Left Behind: Evidence from the Central African Republic
    Keywords: Armed Conflict ; Central African Republic ; Communities and Human Settlements ; Conflict ; Conflict and Development ; Displacement ; Human Migrations and Resettlements ; Poverty ; Poverty Diagnostics ; Poverty Reduction
    Abstract: Global poverty is increasingly becoming concentrated in conflict-affected settings. Therefore, assessing the welfare of those people displaced by conflict is of growing policy importance. Collecting and analyzing data on displaced people is challenging because sampling them is difficult, standard welfare metrics may not reflect their experiences, and they are highly heterogeneous. Assessing the welfare effects of displacement also hinges on constructing counterfactuals that show how internally displaced persons would have fared had they stayed in place. Displaced people typically come from a nonrandom subset of communities affected by conflict or other shocks, so comparing them with the rest of the population may be misleading. This paper addresses this issue using data from the Central African Republic, which recorded detailed information on displacement histories to isolate the communities from which those living in internally displaced person camps originated. Using these "catchment areas" for internally displaced person camps as a counterfactual suggests that although displaced households have lower monetary consumption and higher monetary poverty than the overall population, they may be no worse off on many key metrics than those left behind in the communities originally affected by conflict. Moreover, those left behind enjoy none of the benefits of being in camps, such as additional access to water and sanitation services. These results underline the importance of tailoring policies and data collection to consider those in communities originally affected by conflict, just as practitioners are doing for displaced populations
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  • 10
    Language: English
    Pages: 1 Online-Ressource (49 pages)
    Parallel Title: Erscheint auch als Atamanov, Aziz New Evidence on Inequality of Opportunity in Sub-Saharan Africa: More Unequal than we Thought
    Keywords: Circumstances ; Consumpton Inequality ; Equity and Development ; Inequality ; Inequality of Opportunity ; Poverty Reduction ; Social Development
    Abstract: Unequal access to economic opportunity for individuals with different innate characteristics, such as ethnicity or parents' socioeconomic status, is often seen as both morally undesirable and bad for economic growth. This paper estimates inequality of opportunity, or the share of inequality explained by birth characteristics, across 18 countries in Sub-Saharan Africa. For many countries, this is the first time inequality of opportunity is measured. The paper uses nationally representative household survey data harmonized to allow for cross-country comparisons. Using consumption per capita as the outcome, the findings show that inequality of opportunity in Sub-Saharan Africa is stark and more pronounced than previously estimated. On average, inherited circumstances explain more than half of inequality in the region. Estimates range from 40 to 60 percent in most countries and reach 74 percent in South Africa. The findings show that birthplace, parents' education, and ethnicity tend to be the most significant contributors, but there is large variation in the importance of circumstances across countries. This represents the most comprehensive estimate of inequality of opportunity to date in the poorest and one of the most unequal regions in the world, and it underscores the pressing need for policy makers to intensify their efforts to address inequality of opportunity to foster societies that are more equitable and unlock the full potential for growth in the region
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  • 11
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (54 pages)
    Parallel Title: Erscheint auch als Vargas, Juan F Right to Education: Forced Migration and Child Education Outcomes
    Keywords: Access and Equity in Basic Education ; Communities and Human Settlements ; Education ; Education Indicators and Statistics ; Human Migrations and Resettlements ; Migration
    Abstract: About a third of the 7.7 million Venezuelans who have left their country due to political and economic turmoil have settled in neighboring Colombia. The extent to which the Colombian schooling system can absorb the massive demand for education of Venezuelan children is key for their future trajectory of human capital accumulation, as well as that of Colombian students in receiving communities. This paper estimates the effect of Venezuelan migration on educational outcomes of children living in settlement municipalities in Colombia, distinguish between the effect of the migration shock on native and migrant students. Specifically, it estimates the effect of the migration shock on school enrollment, dropout/promotion rates and standardized test scores. The identification relies on a plausibly exogenous measure of the predicted migration shock faced by each Colombian municipality every year. The findings show that the migration shock increased the enrollment of Venezuelan students in both public and private schools and in all school grades, but also generated negative spillovers related to failing promotion rates and increasing dropout. This paper documents that these negative effects are explained by the differential enrollment capacity of schools, as well as by the deterioration of key school inputs
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  • 12
    Language: English
    Pages: 1 Online-Ressource (45 pages)
    Parallel Title: Erscheint auch als Srivastava, Bhavya High Temperature and Learning Outcomes: Evidence from Ethiopia
    Keywords: Climate Change ; Education and Gender ; Gender ; Gender and Education ; Higher Education ; Temperatures
    Abstract: This paper uses data from 2003-19 on 2.47 million test takers of a national high stakes university entrance exam in Ethiopia to study the impacts of temperature on learning outcomes. It finds that high temperatures during the school year leading up to the exam reduce test scores, controlling for temperatures when the exam is taken. The results suggest that the scores of female students are less impacted by higher temperatures compared to their male counterparts. Additionally, the analysis finds that the scores of students from schools located in hotter regions are less impacted by higher temperatures compared to their counterparts from cooler regions. The evidence suggests that the adverse effects of temperature are driven by impacts from within-classroom temperatures, rather than from indirect impacts on agriculture
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  • 13
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Access To Finance ; Ecosystem Restoration ; Environment ; Environmental Protection ; Finance and Financial Sector Development ; Financing Needs ; Nature Loss ; Private Sector Development ; Private Sector Economics ; Private Sector Investment
    Abstract: Ecosystem restoration is critical to the global ambition of halting and reversing nature loss. Tremendous efforts have been deployed globally to conserve the remaining rainforests, grasslands, rivers and lakes, reefs and mangroves, and other ecosystems that are critical for safeguarding biodiversity and the ecosystem services that humanity depends on. However, the extent of environmental degradation is such that recovering the productivity of ecosystems where it has been lost is equally important - for nature, communities, and economic sectors. While restoration is often viewed as the purview of the public sector, this report demonstrates opportunities for private sector investment. It aims to shift the perception that restoration finance is limited to grant funding from domestic and international public sources only. Drawing on case studies, it highlights the investment drivers and entry points for private finance in restoration projects. The financing models presented also point to opportunities for replication and scaling. This report is a product of the Finance Task Force of the United Nations Decade on Ecosystem Restoration, an initiative led by the United Nations Environment Program and the Food and Agriculture Organization of the United Nations. The United Nations Decade aims to drive the restoration of one billion hectares of degraded land between now and 2030. The role of the Finance Task Force, chaired by The World Bank, is to catalyze action that can contribute to unlocking the capital needed to meet the United Nations Decade's goals
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  • 14
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Education Study
    Keywords: Access To Education ; Education ; Education For All ; Gender ; Gender and Development ; Human Development and Gender ; Labor Management and Relations ; Labor Market Policy and Programs ; Public Sector Management ; Social Protections and Labor
    Abstract: The main objective of this study is to assess the performance of Cambodia's tertiary education system in terms of equitable access, labor market relevance, and research output, and to provide policy recommendations to the government and all stakeholders in the tertiary education sector. This will inform priority reforms and investments to strengthen the sector overall and, specifically, improve coverage, relevance, research, and governance. Building on the latest analytical work carried out in 2017 ahead of the preparation of an ongoing higher education operation supported by the World Bank, the study is an important step toward overcoming knowledge gaps about the main drivers of the results of the Cambodian tertiary education system and institutions. It will shed light on the factors explaining disparities in access, the mismatch between higher education programs and labor market needs, the capacity of higher education to train the specialists and technicians needed for the green economy, and shortcomings in the governance set up and processes that impede both public and private HEIs from operating in a flexible and efficient manner. The findings of the report will significantly add to the evidence base for identifying policy options to improve equity, relevance, and governance at both the national and institutional levels
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  • 15
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Keywords: Adolescent Girls ; Economic Growth ; Family Planning ; Gender ; Gender Equality ; Good Health and Well-Being ; Health, Nutrition and Population ; Labor Markets ; Reproductive Health ; SDG 3 ; SDG 5
    Abstract: Adolescence is a dynamic period of biological development and social change, and also a period when adolescent girls are at risk of school dropout, early marriage, pregnancy, and gender-based violence. Adolescents have the highest unmet need for family planning in Bangladesh, and married adolescents have a significantly lower contraceptive prevalence rate than other age groups, leading to a high adolescent fertility rate. The Government of Bangladesh developed a national strategy for adolescent health 2017-2030 and a costed action plan to improve adolescent health, including sexual and reproductive health. The Strategy addresses overall health needs of adolescents, including menstrual hygiene management, prevention of violence and mental health. The Government of Bangladesh is currently implementing the 4th Health, Population and Nutrition Sector Program which includes support for a school-based adolescent health and nutrition program. Furthermore, programme implementers often work in silos and focus on single platforms, id est at the health facility, school, or community levels. Presently adolescents receive sexual and reproductive health information and services largely from private sector providers with variable quality
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  • 16
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Urban Study
    Keywords: Affordable and Clean Energy ; Economic Policy, Institutions and Governance ; Energy ; Environment ; Environment and Natural Resource Management ; Industrial Management ; Industry, Innovation and Infrastructure ; Infrastructure Economics and Finance ; Land Assets ; Life on Land ; Rural Development ; SDG 11 ; SDG 15 ; SDG 7 ; SDG 9 ; Sustainable Cities and Communities ; Urban Development
    Abstract: This Guidance Note represents a call to action, dedicated to enhancing access to land and unlocking the full potential of land assets for urban and infrastructure development, as well as renewable energy investments. It not only underscores the importance of improving land access but also highlights the pathways towards leveraging land assets, creating value, and capturing its dividends
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  • 17
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Law and Justice Study
    Keywords: Discrimination ; Female ; Finance and Development ; Gender ; Genital Mutilation ; Human Rights ; Law and Development ; Violence Against Women ; Women's Rights
    Abstract: In 2012 and in 2018, the United Nations General Assembly adopted resolutions urging the international community to intensify global efforts to eliminate female genital mutilation/cutting (FGM/C). It also called upon "States, the United Nations system, civil society and all stakeholders to continue to observe 6 February as the International Day of Zero Tolerance for FGM/C and to use the day to enhance awareness raising campaigns and to take concrete actions against female genital mutilations". FGM/C is an extreme type of violence against women and girls which impairs their development potential and impacts the societies in which they live and work, their children, their families and ultimately their countries. FGM/C also undermines the World Bank's efforts to end extreme poverty and boost shared prosperity. Women and girls affected by FGM/C may not be able to reach their full personal, productive and professional potential. FGM/C causes a large number of physical and psychological problems and complications and can even lead to death. It imposes unnecessary suffering and prolonged pain. The international community recognized that FGM/C is an important development challenge that affects more than 200 million women and girls in the world. Sustainable Development Goal 5 (SDG 5: Achieve gender equality and empower all women and girls) includes a target on eliminating all harmful practices against women, such as female genital mutilation by 2030 (target 5.3). This eighth edition describes the international and regional instruments that address FGM/C as well as the national legislations adopted to outlaw FGM/C. This is a practical online tool to empower those fighting FGM/C
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  • 18
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Keywords: Debt Indicators ; Developing Countries ; Economic Growth ; Fiscal and Monetary Policy ; Fiscal Indicators ; GDP ; Inflation ; Macroeconomics and Economic Growth ; No Poverty ; Poverty Indicators ; Poverty Reduction ; SDG 1
    Abstract: This edition of the Macro Poverty Outlooks periodical contains country-by-country forecasts and overviews for GDP, fiscal, debt and poverty indicators for the developing countries of the Sub-Saharan Africa region. Macroeconomic indicators such as population, gross domestic product, and gross domestic product per capita, and where available, other indicators such as primary school enrollment, life expectancy at birth, total greenhouse gas emissions and inflation, among others, are included for each country. In addition to the World Bank's most recent forecasts, key conditions and challenges, recent developments and outlook are briefly described for each country in the region
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  • 19
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Keywords: Adaptation to Climate Change ; Economic Development ; Gross Domestic Product ; Macroeconomics ; Macroeconomics and Economic Growth ; No Poverty ; Poverty Diagnostics ; Poverty Measurement ; Poverty Reduction ; Poverty, Environment and Development ; Public Sector Development ; SDG ; Suatainable Development Goals
    Abstract: This edition of the Macro Poverty Outlooks periodical contains country-by-country forecasts and overviews for GDP, fiscal, debt and poverty indicators for the developing countries of the Middle East and North Africa region. Macroeconomic indicators such as population, gross domestic product and gross domestic product per capita, and where available, other indicators such as primary school enrollment, life expectancy at birth, total greenhouse gas emissions and inflation, among others, are included for each country. In addition to the World Bank's most recent forecasts, key conditions and challenges, recent developments and outlook are briefly described for each country in the region
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  • 20
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other ESW Reports
    Keywords: Agribusiness ; Climate Finance ; Forestry Management ; Governance ; Local Governance ; Macroeconomics and Economic Growth
    Abstract: Local governments--especially cities and municipalities--in developing countries will be at the forefront of confronting and mitigating the impacts of climate change, and they need substantial financing to address this challenge. However, they often lack the fiscal resources for such investments. To address this financing gap, they will need to utilize a variety of financing sources and instruments. This joint publication of the World Bank and the UN Capital Development Fund aims to help cities and local governments better understand the various climate finance instruments and sources available to them, including intergovernmental fiscal transfers, own-source revenues, municipal borrowing (loans and bonds), public-private partnerships and credit-enhancement instruments such as guarantees. It provides information on each of these instruments - organized in a conceptual framework -- and highlights international experience and 18 case studies on their use from around the world. The report also recommends various actions that cities, local and national governments and development partners can take to increase access to these instruments to help meet climate investment needs in cities
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  • 21
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Equitable Growth, Finance and Institutions Insight
    Keywords: Asset Class ; Coastal and Marine Environment ; Corporate Markets ; Finance and Financial Sector Development ; Investors ; Issuer ; Liquidity
    Abstract: This note reviews the economic literature and empirical research on the drivers and effects of secondary market liquidity in the corporate securities markets. The choice of this topic was driven by the work of the World Bank in the field. Financial sector authorities in emerging markets and developing economies often request the World Bank's support to improve the liquidity of their corporate markets, as they consider liquidity to be key to attracting more investors
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  • 22
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Climate Change Impacts ; Employment Growth ; Fiscal Consolidation ; Inflation ; Macroeconomics and Economic Growth ; Poverty Reduction ; Western Balkans
    Abstract: Economic growth in the Western Balkans slowed to 2.6 percent in 2023, from the 3.4 percent reached in 2022, reflecting the impact of a weak European economy weighed down by sequential shocks. Overall, the WB6 region has experienced a rise in total hours worked driven by employment growth and labor force expansion, especially driven by women joining the labor force. Poverty in the Western Balkans returned to its declining trend during 2023, but at a slower pace than pre-pandemic. A robust fiscal performance and solid rate of gross domestic product (GDP) growth led to a fall in debt as a share of GDP. After increasing to levels not seen in several decades, inflation rates in the WB6 fell significantly during 2023. Growth projections for the medium term have increased slightly, reflecting cautious optimism that, having weathered a flurry of shocks over recent years, the Western Balkans is beginning to see a return to trend economic performance. However, while the WB6 region is expected to return on its pre-pandemic trend in 2024, this is insufficient to enable meaningful convergence with European Union (EU) income levels over the medium term. The spotlight in this edition of the Western Balkans Regular Economic Report focuses on the role of cities as engines of growth and leading actor in the green transition. This spotlight recommends action on three main fronts to make cities in the Western Balkans greener. First, it is crucial to reduce urban sprawl and make cities more compact. Second, cities must bring down their emissions, also because this will have immediate improvement on socio-economic and environmental outcomes. And third, cities must take actions to reduce extreme urban heat and enhance preparedness for it
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  • 23
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Health Sector Review
    Keywords: Agricultural Irrigation and Drainage ; Climate Change ; Critical Care ; Disaster Risk Exposure ; Environment ; Groundwater ; Health Care Systems ; Health, Nutrition and Population ; Irrigation and Drainage ; Natural Hazards
    Abstract: Health care systems are at the frontline of delivering critical care during emergencies, mitigating illnesses and deaths. Yet many countries struggle to meet even routine demands for health care. Climate change, disasters, pandemics, and demographic changes are bound to increase pressures on already strained health systems (Rentschler and others 2021). Preparing and equipping health systems to adequately respond to crises are vital to ensure sustained access to health services and to provide reliable essential health care that protects people's well-being. Having a robust assessment of their country's health system's climate and disaster risk management (CDRM) capabilities allows policy makers to make these systems more resilient against shocks. This policy note introduces the Frontline Scorecard, a new rapid diagnostic tool that decision makers can use to conduct a high-level assessment of the CDRM capabilities of their health system, and illustrates its application in a case-study country, Belize
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  • 24
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (210 pages)
    Series Statement: International Debt Report
    Parallel Title: Erscheint auch als
    Keywords: Bonds ; Creditor ; Data ; Debt ; Debtor ; Developing ; Development ; Economic ; FDI ; Finance ; Foreign Direct Investment ; Government ; Interest Payments ; Interest Rates ; Loans ; Maturity ; Principal ; Private Sector ; Public Sector ; Statistics
    Abstract: The International Debt Report (IDR) is a longstanding annual publication of the World Bank featuring external debt statistics and analysis for the 122 countries that report to the World Bank Debtor Reporting System. IDR 2023 is the 50th annual edition and includes (1) analyses of external debt stocks and flows as of end-2022 for these countries; (2) the macroeconomic and debt outlook for 2023 and beyond; (3) a focus on improved public debt transparency and the quality of debt reporting; (4) a discussion of the need for innovative approaches to debt management; (5) a commentary on how the International Debt Statistics database serves as an indispensable resource for researchers and policy makers; and (6) a one-page snapshot of relevant debt indicators and summary of debt stocks and flows for six years (2010 and 2018-22) for each country, plus global income group and regional aggregates. Unique in its coverage of the important trends and issues fundamental to the financing of low- and middle-income countries, IDR 2023 is an indispensable resource for governments, economists, investors, financial consultants, academics, bankers, and the entire development community. For more information on IDR 2023 and related products, please visit the World Bank's Debt Statistics website at www.worldbank.org/debtstatistics
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  • 25
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (34 pages)
    Parallel Title: Erscheint auch als Ambler, Kate Rural Labor and Long Recall Loss
    Keywords: Employment and Unemployment ; Labor Supply ; Poverty Reduction ; Rural Household Survey ; Rural Labor ; Social Protections and Labor ; Unemployment
    Abstract: Surveys frequently rely on annual recall to capture individuals' labor activities over the preceding year. This paper uses a panel of rural households in Malawi for a survey experiment to test the effect of a long, annual recall window on reported labor supply relative to a set of quarterly interviews. The paper documents large losses in reported labor participation using the long recall window with reductions of over 20 percent of reported activities and months worked and a 2.5 times greater incidence of reported unemployment relative to the shorter window. These losses are greater for activities further in the past and especially for individuals whose labor supply is reported by other family members, reaching up to 50 percent for some outcomes. The profile of households' primary respondents, predominantly male and older, and differential effects by age further suggest that long recall may cause meaningful biases in the resulting data for women and younger household members
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  • 26
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Health Sector Review
    Keywords: Governance ; Health Insurance ; Health Policy and Management ; Health, Nutrition and Population ; PHC ; Primary Health Care Performance ; Vital Signs Profile
    Abstract: This report presents the findings of the Vital Signs Profile (VSP) assessment conducted by the World Bank and the Primary Health Care Performance Initiative (PHCPI) in collaboration with Fiji's Ministry of Health and Medical Services (MHMS). The VSP provides an opportunity to assess the state of the primary health care (PHC) system in Fiji, highlighting areas of strength and challenges through the lens of the PHCPI framework. The framework organizes various domains and subdomains of primary health care using a logic model approach that encompasses the traditional inputs and outputs of PHC systems and emphasizes the capacity and processes of PHC service delivery and performance. Notably, while PHCPI recognizes the role of social determinants of health and intersectoral health promotion and prevention efforts as important factors influencing population health, the VSP is primarily focused on aspects of health service delivery. Fiji is one of four Pacific countries - alongside Kiribati, the Republic of the Marshall Islands, and Solomon Islands that have, with support of the World Bank, used PHCPI tools to take stock of current performance, safeguard what works well, and lay out a vision for areas requiring improvement
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  • 27
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Foreign Trade, FDI, and Capital Flows Study
    Keywords: East Asia ; FDI ; FDI Policy Reforms ; Foreign Direct Investment ; International Economics and Trade ; Liberalization ; Sub-Saharan Africa
    Abstract: A new report from the World Bank Group focuses on the trends in foreign direct investment (FDI), which encompasses foreign investment in new or existing firms and production facilities. FDI is a subset of overall capital flows, but it is perhaps the most critical because of its potential development impact and stability relative to other cross-border capital flows. Foreign capital flows to developing countries fell to an estimated USD 662 billion in 2022 from an average of over USD 1 trillion in the decade preceding the COVID-19 pandemic. Declining investment flows to developing markets largely reflect weaker macroeconomic prospects, geopolitical tensions, as well as the lasting impact of the COVID-19 pandemic. The trend is also linked to the ongoing process of shifting global value chains and the transformation of investment in terms of modes of entry, sources, and sectors, among other dimensions. Growing climate change impacts, rising interest rates, and policy changes in advanced countries--such as incentives for green investments and localization of supply chains for key technologies--have also had far-reaching implications for the allocation of investment across the globe. The study seeks to provide a granular analysis of shifts in foreign direct investment flows and policy trends and suggests responses that developing countries may consider in order to reverse recent declines and to enable more private capital to support their development needs
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  • 28
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: IEG Independent Evaluations and Annual Reviews
    Keywords: Climate Change ; Conflict ; CPE ; Development Challenges ; Finance and Development ; Finance and Financial Sector Development ; Natural Disasters
    Abstract: This Country Program Evaluation (CPE) will assess the performance of the World Bank Group's support to Nepal in achieving its development objectives between 2014 and 2023. The evaluation will focus on the Bank Group's support to Nepal as it tackled its long-term development challenges while undertaking political and institutional reforms relating to the shift to federalism and responding to multiple shocks and disasters. This period covered by this evaluation spans the last two country strategies--the FY14-18 Country Partnership Strategy (CPS) and the FY19-23 Country Partnership Framework (CPF). The CPE will assess the adaptive relevance and coherence of the Bank Group-supported program by examining how the Bank Group has adapted its support over time in response to changing conditions and priorities. This will include an examination of the Bank Group's response to the 2015 earthquakes and the COVID-19 pandemic. The evaluation will assess the Bank Group's work in three important thematic areas--resilience to natural disasters, federalism, and jobs and private sector development--in greater depth
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  • 29
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: IEG Independent Evaluations and Annual Reviews
    Keywords: IDA ; Private Investment ; Private Sector ; Private Sector Development ; Private Sector Economics ; Private Sector Window (PSW)
    Abstract: The private sector is essential for creating jobs and prosperity in poor countries, but developing it is challenging, especially in fragile and conflict-affected situations (FCS). The IDA Private Sector Window (PSW) is a blended finance facility that enables the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and third-party private sector investors to conduct high-risk transactions in International Development Association (IDA) countries and FCS countries. This evaluation aims to assess the usage, market development potential, and enabling factors of the PSW. The evaluation assesses how the usage of the PSW has changed from its inception in 2017 to 2023 and explores its potential market development effects and its enabling factors, namely concessionality (for IFC and MIGA) and additionality (for IFC). Concessionality is the level of subsidy needed for IFC and MIGA to offer transactions in PSW-eligible countries at market prices. Additionality is the unique support IFC brings to private investments (on a project basis) that is not offered by commercial sources of finance. It comprises financial and nonfinancial additionality. This evaluation assesses the PSW across three IDA cycles: IDA18, which covers FY18-20; IDA19, which covers FY21-22; and IDA20, which covers FY23-25. It updates the 2021 IEG early-stage assessment of the PSW (FY18-20) and complements the IDA20 PSW Mid-Term Review, which was prepared jointly by IDA, IFC, and MIGA
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  • 30
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (44 pages)
    Parallel Title: Erscheint auch als Assem Mohammed G Hassan Ahmed, Hoda Stages of Diversification Redux
    Keywords: Development Trajectories ; Economic Concentration ; Economic Diversification ; Economic Growth ; Macroeconomics and Economic Growth ; Resource Poor Countries ; Resource Rich Countries
    Abstract: The existing literature on development and economic diversification finds an inverted-U function between these two variables, whereby economies diversify as they grow up to a point, after which they start specializing. This paper contributes to this literature by investigating the stages of diversification over the course of development during the past 57 years. The paper emphasizes the trajectories of resource-rich and resource-poor countries, an issue that has not been covered by the extant literature. In addition, the paper studies the stages of diversification across three dimensions, namely employment, value-added, and exports. Additionally, it examines the relationship for services. Non-parametric estimations suggest a U-shaped curve between measures of economic concentration and per capita income levels, which is in line with existing evidence. However, these patterns are mainly driven by between-country rather than within-country variation, a finding that had been ignored in the existing literature. Diversification patterns also differ across resource-rich and resource-poor countries: Employment and value added in resource-rich countries are on average more concentrated at low levels of development while in resource poor countries, they are more concentrated at high levels of development. In contrast, at all levels of development, exports are more concentrated in resource-rich countries
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  • 31
    Language: English
    Pages: 1 Online-Ressource (27 pages)
    Parallel Title: Erscheint auch als Fiuratti, Federico Ivan How Large Are the Economic Dividends from Closing Gender Employment Gaps in the Middle East and North Africa?
    Keywords: Gender ; Gender Employment Gap ; Gender Employment Gap Index ; Gender Monitoring and Evaluation ; Neoclassical Growth Models ; Poverty Reduction ; Women in The Workforce
    Abstract: This paper quantifies the gains in gross domestic product per capita from closing gender employment gaps in the Middle East and North Africa, using three neoclassical growth models. The paper starts with baseline impacts from the Gender Employment Gap Index, which suggests that in the long run, gross domestic product per capita would be around 50 percent higher in the typical economy in the region if gender employment gaps were closed (mean 54 percent, median 49 percent). However, the gains are heterogeneous, ranging from less than 10 percent in Qatar to more than 80 percent in the Republic of Yemen. The paper then explores short-term gains, when capital is fixed (or adjusts slowly), and gains in the medium-term, with sluggish implementation of reforms using the Long Term Growth Model, which roughly halves the gains (and lowers the gains by more than half in resource-rich countries). Finally, the paper incorporates the effects of changes in the skill distribution in a model incorporating capital-skill complementarities in production. Because gender employment gaps in the Middle East and North Africa tend to be larger among the unskilled, closing these gaps reduces average skill levels, moderating long-term gains by 5-10 percentage points. However, if women in the Middle East and North Africa continue the current trend toward greater educational attainment, the gains will be greater than in the baseline. All three models--the Gender Employment Gap Index, the Long Term Growth Model, and capital-skill complementarities--point to large increases in gross domestic product per capita from closing gender employment gaps
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  • 32
    Language: English
    Pages: 1 Online-Ressource (47 pages)
    Parallel Title: Erscheint auch als Kilic, Talip Recording the Time Divide: A Comparative Study of Smartphone- and Recall-Based Approaches to Time Use Measurement
    Keywords: Cellular Phones ; Commercial Recall ; Consumption ; Household Survey ; Macroeconomics and Economic Growth ; Telecommunications ; Usage Monitoring
    Abstract: Based on a randomized survey experiment in Malawi, this study examines how innovative techniques in time use data collection could sidestep measurement concerns with traditional recall-based time use measurement. The experiment assigns random samples of households, and adult men and women within, to one of two treatment arms on time use measurement: a traditional 24-hour recall time use diary, and a self-administered smartphone-based pictorial time diary, known as the TimeTracker app, for real-time data collection. Compared to the recall arm, participation in employment and unpaid domestic and care work is shown to be higher in the smartphone arm for both men and women. The resulting estimates of gender gaps, while continuing to be large, are narrower in the smartphone arm, except for care work where the estimated gender gap increases. The recall treatment leads to substantial underreporting of activities after 6 pm, which otherwise accounts for nearly 30 percent of daily reported time in the smartphone arm. Likewise, the extent of simultaneous activities, particularly among women, is markedly lower in the recall arm. The overall reported time is, however, higher in the recall arm due to the minimum 15-minute duration that was used for recording activities the 24-hour recall diary, while over one-third of activities lasted less than 15 minutes in the smartphone arm. The analysis also shows that using stylized time use questions with a 7-day recall, as opposed to a 24-hour recall diary, results in an even greater overestimation of reported time in employment and unpaid work
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  • 33
    Language: English
    Pages: 1 Online-Ressource (18 pages)
    Parallel Title: Erscheint auch als Bou-Habib, Chadi Globalization, Dutch Disease, and Vulnerability to External Shocks in a Small Open Economy: The Case of Lebanon in 1916 and 2019
    Keywords: Economic Conditions and Volatility ; Economic Crisis ; External Shock ; Famine ; General Equilibrium Simulation ; Macroeconomics and Economic Growth ; Mount Lebanon ; Natural Disaster
    Abstract: This paper investigates the similarities between the economy of 1912 Mount Lebanon on the eve of the famine of 1916 and the economy of 2004 Lebanon that set the stage for the major economic and social crisis of 2019. A simple general equilibrium simulation shows that, as long as the Lebanese economy remains reliant on foreign inflows, crises will persist, with different manifestations. Regardless of the period considered, foreign inflows increase domestic prices and induce real appreciation. Low productive capacities and insufficient job creation lead to high emigration. Emigration increases the reliance on foreign inflows, which in turn increase domestic prices and reduce competitiveness, hence triggering further emigration and further reliance on foreign inflows. Income and prices increase, but exports decline, and growth remains volatile. The interruption of the flows of capital and goods and the impossibility to migrate due to the First World War drove Lebanon into starvation in 1916. The interruption of inflows of capital in 2019 led to a major crisis and massive outmigration, as predicted through the simulations based on the structure of the Lebanese economy in 2004. The simulations effectively capture the impact of external shocks on the Lebanese economy and closely align with the actual changes in economic variables during 2005 to 2020
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  • 34
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Gender Assessment
    Keywords: Equality ; Gender ; Gender and Development ; Gender Monitoring and Evaluation ; Women ; Women's Empowerment
    Abstract: The aim of this report is to gather evidence that will identify priorities and actions by stakeholders towards positively influencing, up scaling and accelerating gender equality and women's empowerment in Zimbabwe. The report consolidates information on gender gaps and drivers of inequality in human endowments, economic opportunities, ownership and control of assets, and voice and agency. This includes identifying factors that deepen inequalities, and effectiveness of current policies and programming in narrowing gender disparities. The aim is to also identify promising and good practices that can potentially be replicated for greater impact, cascading to all areas in the country. The analysis guided by a conceptual framework that describes the ways households, markets, and institutions (both formal and informal), and their interactions all influence gender equality and economic development outcomes. Additionally, attention is paid to intersecting identities of women and men that affect their ability to access services and opportunities, including disability status, place of residence and other socio cultural and economic factors. The assessment draws on several data sources collected using mixed methods. Available quantitative and qualitative data sources form the basis of the assessment, including surveys, national and institutional reports and broader feminist and economic literature. Robust stakeholder consultations, including representatives from Government of Zimbabwe (GoZ), development partners, the United Nations (UN), Non- Governmental Organizations (NGOs), and communities grounded the analysis and provided insights into priority setting and forward-looking strategies
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  • 35
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (194 pages)
    Series Statement: Global Economic Prospects
    Parallel Title: Erscheint auch als
    Keywords: Commodity Prices ; Debt Relief ; Emerging and Developing Economies ; Exchange Rates ; Fiscal Frameworks ; Food Price Volatility ; GDP Growth ; Inflation ; Interest Rates ; Macroeconomics ; Trade
    Abstract: Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). Each edition includes analytical pieces on topical policy challenges faced by these economies
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  • 36
    Language: English
    Pages: 1 Online-Ressource (37 pages)
    Parallel Title: Erscheint auch als Bauer, Adam Michael How Delayed Learning about Climate Uncertainty Impacts Decarbonization Investment Strategies
    Keywords: Adjustment Costs ; Carbon Policy and Trading ; Carbon Price ; Climate Change and Environment ; Climate Change Mitigation and Green House Gases ; Climate Risk ; Environment ; Green Investment ; Stochastic Modeling
    Abstract: The Paris Agreement established that global warming should be limited to "well below" 2?C and encouraged efforts to limit warming to 1.5?C. Achieving this goal presents a significant challenge, especially given the presence of (i) economic inertia and adjustment costs, which penalize a swift transition away from fossil fuels, and (ii) climate uncertainty that, for example, hinders the ability to predict the amount of emissions that can be emitted before a given temperature target is passed, which is often referred to as the remaining carbon budget. This paper presents a modeling framework that explores optimal decarbonization investment strategy when both delayed learning about the remaining carbon budget and adjustment costs are present. The findings show that delaying learning about the remaining carbon budget impacts investment in three ways: (i) the cost of policy increases, especially when adjustment costs are present; (ii) abatement investment is front-loaded relative to the certainty policy; and (iii) the sectoral allocation of investment changes to favor declining investment pathways rather than bell-shaped paths. The latter effect is especially pronounced in hard-to-abate sectors, such as heavy industry. Each of the effects can be traced back to the carbon price distribution inheriting a "heavy tail" when the remaining carbon budget is learned later in the century. The paper highlights how climate uncertainty and adjustment costs combined result in a more aggressive least-cost strategy for decarbonization investment
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  • 37
    Language: English
    Pages: 1 Online-Ressource (50 pages)
    Parallel Title: Erscheint auch als Patino Pena, Fausto The Role of Firm Dynamics in Aggregate Productivity, Job Flows, and Wage Inequality in Ecuador
    Keywords: Aggregate Productivity ; Employment and Unemployment ; Finance and Development ; Finance and Financial Sector Development ; Firm Performance ; Job Flows ; Social Protections and Labor ; Wage Inequality
    Abstract: This paper examines the role of firm dynamics in aggregate total factor productivity, job flows, and wage inequality in Ecuador. Utilizing a comprehensive employer-employee dataset, the paper documents firm dynamics and job flow patterns that are consistent with the presence of market distortions. Also, the paper identifies factor misallocation as the main contributor to Ecuador's total factor productivity deceleration. Given these trends, the paper explores allocative inefficiency drivers through firm- and industry-level regressions. Firms in the top productivity quintile face distortive non-wage labor costs that are 3.7 times higher than the bottom quintile, after controlling for firm size and age. The findings also provide evidence of credit misallocation across firms. Additionally, industries with higher job mobility, credit access, and competition and lower non-wage labor costs, minimum wage incidence, and zombie firms demonstrate higher allocative efficiency. Moreover, worker-level regressions indicate that misallocation drivers explain up to 41 percent of wage inequality, with non-wage labor costs and product market frictions as distortions driving this inequality
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  • 38
    Language: English
    Pages: 1 Online-Ressource (53 pages)
    Parallel Title: Erscheint auch als Moretti, Matias Inelastic Demand Meets Optimal Supply of Risky Sovereign Bonds
    Keywords: Economic Development ; Emerging Markets Bond Index ; Finance and Financial Sector Development ; Inelastic Financial Markets ; Institutional Investors ; International Capital Markets ; International Financial Markets ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Small Open Economies ; Sovereign Debt
    Abstract: This paper presents evidence of inelastic demand in the market for risky sovereign bonds and examines its interplay with government policies. The methodology combines bond-level evidence with a structural model featuring endogenous bond issuances and default risk. Empirically, the paper exploits monthly changes in the composition of a major bond index to identify flow shocks that shift the available bond supply and are unrelated to country fundamentals. The paper finds that a 1 percentage point reduction in the available supply increases bond prices by 33 basis points. Although exogenous, these shocks might influence government policies and expected bond payoffs. The paper identifies a structural demand elasticity by feeding the estimated price reactions into a sovereign debt model that isolates endogenous government responses. These responses account for a third of the estimated price reactions. By penalizing additional borrowing, inelastic demand acts as a commitment device that reduces default risk
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  • 39
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Mobility and Transport Connectivity
    Keywords: Adaptation To Climate Change ; Carbon Emissions and Transport ; Climate Change Mitigation and Green House Gases ; Environment ; Green Growth ; Rail Greenhouse Gas Analysis ; Railways ; Transport ; Urban Development
    Abstract: Railways are a low carbon way to access opportunities and move goods to markets. To realize the benefits of railways in low-and middle-income countries (LMICs), an estimated USD 25-80 billion of investment annually will be needed. Many organizations and investors want to support green activities and a variety of climate finance sources and instruments have been developed todo just that. However, railways have had limited success in accessing climate specific financing instruments. This report examines the experience in attracting financing from climate-specific financing instruments of railways in LMICs. The review encompasses private sector climate finance, whose resources could potentially meet the entire rail financing gap, as well as carbon markets, and other results-based climate finance and climate funds
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  • 40
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Infrastructure Study
    Keywords: Civil Registration and Identification ; Gender ; Governance ; ICT Policy and Strategies ; Information and Communication Technologies ; Private Sector Development ; Public Administration ; Public Sector Development
    Abstract: In Ethiopia, women are 15 percentage points less likely than men to possess a kebele ID, the primary proof of identity document used in the country. This report unveils findings from a study that aims to grasp the reasons behind this gender gap in ID ownership and offers recommendations for overcoming these barriers in Fayda, the new digital ID system launched by the Government of Ethiopia in 2021. Executed by the World Bank in partnership with Ethiopia's National ID Program (NIDP), the study first uses statistical analysis of ID4D-Findex data to illustrate the nature of the ID ownership gap and its ramifications for women. Subsequently, through desk research and original qualitative data obtained from focus group discussions and key informant interviews, the report delves into four categories of potential reasons for the gap: legal and policy barriers, social and community barriers, economic and procedural barriers, and information and knowledge barriers. In the concluding section, the report offers three key recommendations for integrating gender inclusivity into the Fayda program, drawingfrom the research findings and inputs gathered from qualitative research participants
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  • 41
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Financial Sector Study
    Keywords: Consumer Protection ; Consumer Protection Law ; Corruption and Anticorruption Law ; Finance and Development ; Finance and Financial Sector Development ; Financial Capability ; Financial Consumer Protection ; Law and Development ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: The 2022 Global State of Financial Inclusion and Consumer Protection (FICP) Report is an update to the 2013 and 2017 FICP reports. These surveys aim to provide a timely source of global data to benchmark efforts by financial sector authorities to improve the enabling environment for financial inclusion and consumer protection. To date, this is the only longitudinal and global survey of this nature. As such, this report serves as a valuable resource to shape the World Bank's country engagements, a reference document for regulators and supervisors and, finally, a tool for both public and private sector actors with an interest in knowing the developments in this sector. The Survey questionnaire covers key topics related to financial inclusion and financial consumer protection (FCP) and aligns with international guidance to financial sector authorities in these areas. Because the report aims to capture both a snapshot as well as trends over time, the survey questionnaire has been modified over the three cycles to reflect the changing policy and regulatory landscape of financial inclusion and consumer protection
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  • 42
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Benazir Income Support Programme ; Benazir Nashonuma ; Benazir Taleemi Wazaif ; BISP ; Case Management ; CCT ; Conditional Cash Transfer ; Digital Divide ; Grievance Redress Mechanism ; ICT Applications ; National Socio-Economic Registry ; Social Protections and Labor
    Abstract: This report documents the progress that Pakistan has made so far in improving its systems for delivering social protection to its people. The government has increasingly relied on data and technology to increase the efficiency and effectiveness of the program. BISP UCT (Kafaalat),the country's largest social assistance program in terms of both budget allocation and number of beneficiaries has been responsible for the most innovative developments in the delivery of benefits. Its delivery systems have evolved significantly overtime expanding in scope from simply delivering the UCT to becoming a system that other programs can leverage to identify beneficiaries and deliver benefits. It has flexibility to be scaled up, both horizontally and vertically, in times of shock. This did not happen overnight: the government has consistently invested time and resources over the past decade and a half to improve how it functions. By documenting that journey, using the Social Protection Delivery Chain Framework developed by the World Bank in the "Sourcebook on the Foundations of Social Protection Delivery Systems," (Lindert and others 2020), this report can be a resource for domestic and international stakeholders
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  • 43
    Language: English
    Pages: 1 Online-Ressource (40 pages)
    Parallel Title: Erscheint auch als Jolevski, Filip Spillovers in ICT Adoption from Formal to Informal Firms: Evidence from Zambia
    Keywords: Decent Work And Economic Growth ; Digital Divide ; ICT Applications ; Industry ; Industry, Innovation And Infrastructure ; Informality ; Information and Communication Technologies ; Knowledge Economy ; Macroeconomics and Economic Growth ; SDG 8 ; SDG 9 ; Spillovers ; Sustainable Development Goals ; Technology ; Technology Industry
    Abstract: This paper examines spillovers in the use of digital technologies from formal to informal businesses by exploring differences in geographic proximity. Using a unique set of geocoded data from the 2019 World Bank Enterprise Surveys in Zambia, the findings indicate that closer geographic proximity to formal firms is associated with a significantly higher likelihood of digital adoption by informal businesses. The finding holds for various types of digital technologies, ranging from computers, tablets, and cell phones to mobile money transactions, and is robust to various measures of geographic proximity and model modifications. The results vary by the owner's level of education and business age. The results also suggest that the spillovers in information and communications technology use can be explained by competition in the local market and learning through enhanced interactions
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  • 44
    Language: English
    Pages: 1 Online-Ressource (65 pages)
    Parallel Title: Erscheint auch als Siekmans, Kendra Understanding the Links between Diet Quality, Malnutrition, and Economic Costs: An Evidence Review for LMICs
    Keywords: Diet ; Food and Nutrition Policy ; Health Monitoring and Evaluation ; Health, Nutrition and Population ; Non-Communicable Disease ; Obesity ; Overweight ; Public Health Promotion ; Undernutrition
    Abstract: Understanding the economic costs attributable to unhealthy diets is crucial to inform health and agrifood investments in low- and middle-income countries experiencing nutrition transition. To review the current evidence on the association between diet quality and economic costs in low- and middle-income countries, this paper first conducted a literature search to identify studies that include a dietary exposure, nutrition, or health outcome, and a cost estimate. Given the limited studies in terms of life stage groups represented, a second search was conducted for systematic reviews and meta-analyses of observational studies, with effect size estimates for the risk of nutrition or health outcomes associated with diet quality. Of 21 studies (search 1), most were based on the Global Burden of Disease model and estimated the fraction of diet-related noncommunicable disease outcomes attributable to individual or groups of dietary risk factors. The search found 82 systematic reviews and meta-analyses (search 2) that estimated the burden of malnutrition associated with dietary risk factors. Low dietary diversity was associated with increased risk of undernutrition and anemia in pregnant women and children. Dairy consumption was protective for low birthweight, child obesity, and diabetes and hypertension. Low animal source food intake increased the risk of anemia and zinc deficiency during pregnancy. Unhealthy food consumption, including ultra-processed foods and sugar-sweetened beverages, increased the risk of overweight/obesity, diabetes, and hypertension. Healthy dietary patterns were protective during pregnancy for maternal and birth outcomes, and for diabetes and hypertension in adults. The results highlight gaps in quantifying the contribution of diet quality to multiple forms of malnutrition and noncommunicable diseases
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  • 45
    Language: English
    Pages: 1 Online-Ressource (97 pages)
    Parallel Title: Erscheint auch als AlAzzawi, Shireen Female Headship and Poverty in the Arab Region: Analysis of Trends and Dynamics Based on a New Typology
    Keywords: Female-Headed Households (FHH) ; Female-Headedness Typology ; Gender ; Household Survey Data ; Poverty Dynamics ; Poverty Feminization ; Poverty Reduction ; Synthetic Panels
    Abstract: Various challenges are thought to render female-headed households (FHHs) vulnerable to poverty in the Arab region. Yet, previous studies have had mixed results and the absence of household panel survey data hinders analysis of poverty dynamics. This paper addresses these challenges by proposing a novel typology of FHHs and analyzes synthetic panels constructed from 20 rounds of repeated cross-sectional surveys spanning the past two decades from the Arab Republic of Egypt, Iraq, Jordan, Mauritania, the West Bank and Gaza, and Tunisia. The paper finds that the definition of FHHs matters for measuring poverty levels and dynamics. Most types of FHHs are less poor than non--FHHs on average, but FHHs with a major share of female adults are generally poorer. FHHs are more likely to escape poverty than households on average, but FHHs without children are the most likely to do so. While more children are generally associated with more poverty for FHHs, there is heterogeneity across countries in addition to heterogeneity across measures of FHHs. The findings provide useful inputs for social protection and employment programs aiming at reducing gender inequalities and poverty in the Arab region
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  • 46
    Language: English
    Pages: 1 Online-Ressource (46 pages)
    Parallel Title: Erscheint auch als Kalliny, Marize Are Global Value Chains Women Friendly in Developing Countries? Evidence from Firm-Level Data
    Keywords: Firm-Level Data ; Gender ; Gender and Economics ; Gender and Law ; Gender and Trade ; Gender Monitoring and Evaluation ; Gendered Entrepreneur Data ; Global Value Chain ; Women's Empowerment ; Women's Trade Participation
    Abstract: Despite the efforts made to increase women's inclusion in the economy, they are still underrepresented in trade in general and in global value chains in particular. Thus, this paper aims at examining the impact of global value chains on women's trade participation as entrepreneurs and employees. It also analyzes how this effect is moderated through external (gender provisions in trade agreements) and internal (investment climate variables) factors. The analysis uses firm-level data for 154 developing economies and emerging markets with a special focus on the Middle East and North Africa region, being one of the regions with the lowest female labor force participation. The main findings show that global value chains integration increases the likelihood of being a female owner and the share of female employees, especially production ones. A less robust negative effect is found for the impact on being a female top manager. These effects are moderated by the inclusion of gender provisions in trade agreements and by the characteristics of the investment climate (especially tax policy, access to finance, and corruption). These results remain robust after controlling for the endogeneity of global value chains using an instrumental variable approach and a propensity score estimation method where the treatment is being part of a global value chains. Thus, global value chains can be perceived as a tool that boosts women's empowerment in emerging economies, especially in the Middle East and North Africa region
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  • 47
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Blue Economy ; Employment and Unemployment ; Environment ; Industrial Management ; Labor Markets ; Maritime Space ; Natural Capital ; Sustainable Growth
    Abstract: With an accessible and attractive coastline of untouched natural splendor, Adriatic Croatia is a strategic driver of national economic development. It boasts rich cultural heritage and biodiversity and abundant coastal and marine resources providing the country with high socioeconomic value. A decade of strong growth of maritime tourism has fueled stable economic development in the coastal zone. Despite this progress, Adriatic Croatia faces multiple environmental challenges stemming from anthropogenic pressures and climate change. Negative impacts from over-tourism, urbanization, and pollution underline the urgency of adopting a sustainable maritime economy approach. The demographic decline and the lack of economic diversification could diminish future economic opportunities of Adriatic Croatia to grow sustainably and provide new jobs. The emerging challenges call for close attention in the context of the national development goals, sustainable development commitments and Croatia's aspiration to achieve blue growth. This report discusses the concept of blue economy while trying to understand and define the impacts of current challenges on the Republic of Croatia's transition to blue economy
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  • 48
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other ESW Reports
    Keywords: Adaptation to Climate Change ; Climate Change ; Climate Change Impacts ; Economic Policy ; Environment ; Environment and Natural Resource Management ; Finance and Financial Sector Development ; Green Growth
    Abstract: There is growing awareness globally about the potential impacts of climate change on financial stability. Climate-related financial risks can be broadly grouped into two categories: (i) climate physical risks, which are financial risks stemming from the gradual and abrupt impacts of climate change (primarily droughts and floods in the case of Morocco, as highlighted by the ongoing severe drought event and recent floods), and (ii) climate transition risks, which are financial risks that can result from the transition to a low-carbon economy, for example, due to changes in climate policy, technology, or market sentiment. The purpose of this report is to better understand the impact of these climate risks on Morocco's banking sector. This includes understanding the banking sector's exposure to sectors and regions that are vulnerable to climate physical and transition risks, as well as a quantification of climate impacts on banks' balance sheets under different scenarios. This report also takes stock of the Moroccan banking sector's current risk management practices and the supervisory response to climate-related financial risks
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  • 49
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Keywords: Access and Equity in Basic Education ; Bhutan ; Domestic Revenue Administration ; Early Childhood Development ; Finance and Financial Sector Development ; Fiscal Policy ; Macroeconomics and Economic Growth ; Public Expenditure Management
    Abstract: Despite Bhutan's distinctive geographical and economic challenges, Bhutan has maintained a relatively high average real GDP growth rate of 8.8 percent over FY00-01-FY09-10, which is greater than the average of South Asian countries as well as low and middle-income economies. Bhutan's mountainous topography and dense network of rivers offer vast hydropower potential, which the country has been harnessing since the mid-1980s with the commissioning of the Chhukha Hydropower Project in 1986. However, due to a slower rate of growth of hydropower capacity, real GDP growth in Bhutan declined over the last decade, averaging only 3.5 percent, which was lower than the growth rates of regional peers and middle-income economies. Bhutan maintained a relatively strong fiscal position prior to COVID, but the situation has deteriorated recently. Bhutan's revenue to GDP ratio averaged at around 30 percent of GDP over FY10-11 and FY21-22, supported by revenue from hydropower projects and sizable external grants. However, revenue was on a declining trend that was further exacerbated by the onset of COVID-19. The pandemic necessitated an expansionary fiscal stance and led to delays in the commissioning of new hydropower projects. In the aftermath of the pandemic, despite a rapid phasing out of extraordinary outlays and containment in current expenditures, the government continued to provide fiscal support to boost economic activity by frontloading the 12th Five Year Plan (FYP) covering 2018-2023, resulting in a rise in capital expenditure. Consequently, the fiscal deficit widened from around 2 percent in FY18-19 to 6.7 percent of GDP in FY20-21 and further to 8.4 percent in FY21-22, the highest in over a decade. A Fiscal Sustainability Analysis (FSA) based on the MTMF assumptions indicates that fiscal consolidation is critical to ensure fiscal sustainability. The fiscal situation significantly worsens if capital expenditures are maintained at current levels of 18.1 percent of GDP rather than reducing them to 10.2 percent in the medium term as assumed in the MTMF. The fiscal outlook depends crucially on the commissioning dates of the hydropower projects. Bhutan needs to prepare for contingent scenarios and create fiscal buffers that could protect the country from negative shocks
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  • 50
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Risk and Vulnerability Assessment
    Keywords: Disaster Finance ; DRFI ; Finance and Financial Sector Development ; Financial Crisis Management and Restructuring ; NCA ; North Central America
    Abstract: The objective of this feasibility study is to identify disaster risk finance and insurance (DRFI) solutions for up to 1.9 million family farmers in El Salvador, Guatemala, and Honduras. This study is motivated by an emerging consensus on the need to design and implement large-scale DRFI solutions to improve the financial resilience of family farmers in North Central America (NCA) and reduce their vulnerability to extreme weather events and climate risks. The feasibility study provides an initial assessment of the technical, operational, financial, and policy considerations for developing and implementing DRFI solutions for family farmers in NCA. The feasibility study considers lessons learned from existing large-scale DRFI solutions in peer countries as well as ongoing programs and pilots in NCA
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  • 51
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Social Analysis
    Keywords: Access and Equity in Basic Education ; Access To Education ; Agriculture ; Climate Change Impact ; Covid-19 Impact ; Education ; Food Security ; Health Service Management and Delivery ; Health, Nutrition and Population ; Human Capital Accumulation and Utilization ; Inclusive Development ; Long-Term Economic Growth ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: This report is undertaken as a part of the Human Capital Project (HCP), a globalinitiative of the World Bank Group that aims to increase governments' awarenessof the importance of investing in people (World Bank date of publication not identifiedb). One of the maincomponents of the HCP is a cross-country metric--the Human Capital Index (HCI). The HCI estimates the amount of human capital a child born today can expect to accumulate by the age of 18, thus highlighting how current health and education outcomes shape the work productivity of the next generation. Moreover, given the cumulative nature of human capital, the HCI has clear milestones across the entire human life cycle: at birth, children need to survive; during childhood, they need to be well-nourished; at school age, they must complete all schooling and active adequate learning levels; and in adulthood, they need to stay in good health. Finally, the HCI includes a result: a score that ranges from 0 to 1. A country where an average child has virtually no risk of being stunted or dying before age five, receives high-quality education, and becomes a healthy adult, would have an HCI close to 1. Conversely, when the risk of being ill-nourished or prematurely dying is high, access to education is limited, and the quality of learning is low, the HCI would approach zero
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  • 52
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Social Analysis
    Keywords: Acceleration ; Human Capital ; Life Cycle ; Multisectoral Framework ; Policies ; Social Assessment ; Social Development ; Social Protections and Labor
    Abstract: South Africa's economic growth and development agenda and to present a harmonized approach for investing in priority areas for human capital formation. The policy note first presents an in-depth diagnostic of the status of human capital in the country, applying a life cycle approach. The life cycle approach places a strong emphasis on investing in human capital development holistically, involving all relevant sectors, and as a continuum, following the trajectory of an individual's life. Focus is given to three critical stages of an individual's life, (i) early childhood; (ii) school age; and (iii) youth to adulthood. Based on the findings of the analysis, the policy note identifies the priority challenges and proposes a framework for action. The findings of this policy note aim to serve as a basis for a much-needed dialogue across key relevant government entities, including sector departments such as the Department of Health, the Department of Basic Education, the Department of Higher Education and Training, Department of Social Development, and others, such as National Treasury, Department of Planning, Monitoring and Evaluation, the Office of the Presidency as well as provincial government departments, on how best to invest in human capital, both in the short and medium-to-long term. The note could also be used to inform a range of stakeholders, including civil society, development partners, and the private sector of the human capital development challenges in South Africa and how certain gaps could be addressed through better coordination of interventions. Lastly, the note aims to motivate further research on key areas where there are information and knowledge gaps on human capital in South Africa
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  • 53
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Education Study
    Keywords: Accreditation Policies ; Childhood Development ; Early Childhood Development ; Early Education ; ECED ; Education ; GOI
    Abstract: Investments in early years of education and childhood development are among the most cost-effective and beneficial a country can make to tackle learning poverty, promote healthy child development, and enhance shared prosperity. Over the past two decades, the Government of Indonesia (GoI) has scaled up its commitment to early childhood education and development (ECED) through various educational reforms, policies, programs, and financial investments. With the expansion of Indonesia's ECED system, the GoI has committed to improving its quality since the early 2000s. As a key mechanism to raise the quality of ECED services, the GoI actively encourages PAUD centers to become accredited. An analysis of factors that influence whether and how PAUD centers participate in the accreditation system is helpful to inform continuous quality improvement of Indonesia's ECED services. The World Bank is providing the Ministry of Education, Culture, Research, and Technology (MoECRT) technical assistance and advice to improve Indonesia's ECED system. Supported by the Learning for Human Capital Development Programmatic Advisory Services and Analytics (PASA), this study was conducted to inform further improvements to Indonesia's ECED accreditation system. This report presents the findings from the abovementioned ECED accreditation system assessment and is organized in four main sections after an introduction. Section I describes the study's background and the country context, with emphasis on the ECED system and its quality assurance mechanisms. Section II details the methodology used. Section III presents a summary of the survey results. Section IV discusses the implications of the findings and outlines recommendations to inform accreditation policies and programs
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  • 54
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Opinion Surveys
    Keywords: Accountability ; Attitudes ; Development Economics and Aid Effectiveness ; Effectiveness ; Governance ; International Governmental Organizations ; Macroeconomics and Economic Growth ; Participations and Civic Engagement ; Social Development ; Stakeholder Engagement ; World Bank Group Knowledge ; World Bank Group Strategy
    Abstract: The Country Opinion Survey in Mongolia assists the World Bank Group (WBG) in better understanding how stakeholders in Mongolia perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media, academia, the private sector, and civil society in Mongolia on 1) their views regarding the general environment in Mongolia; 2) their overall attitudes toward the WBG in Mongolia; 3) overall impressions of the WBG's effectiveness and results, knowledge work and activities, and communication and information sharing in Mongolia; and 4) their perceptions of the WBG's future role in Mongolia
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  • 55
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Opinion Surveys
    Keywords: Accountability ; Attitudes ; Development Economics and Aid Effectiveness ; Effectiveness ; Governance ; International Governmental Organizations ; Macroeconomics and Economic Growth ; Participations and Civic Engagement ; Social Development ; Stakeholder Engagement ; World Bank Group Knowledge ; World Bank Group Strategy
    Abstract: The Country Opinion Survey in Guinea assists the World Bank Group (WBG) in better understanding how stakeholders in Guinea perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media, academia, the private sector, and civil society in Guinea on 1) their views regarding the general environment in Guinea; 2) their overall attitudes toward the WBG in Guinea; 3) overall impressions of the WBG's effectiveness and results, knowledge work and activities, and communication and information sharing in Guinea; and 4) their perceptions of the WBG's future role in Guinea
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  • 56
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: IEG Independent Evaluations and Annual Reviews
    Keywords: Conflict and Fragility ; CPE ; Development Economics and Aid Effectiveness ; Drought and Climate Shocks ; Macroeconomics and Economic Growth ; Mavroeconomic Vulnerabilities ; Unsustainable Development ; Weak Business Environment
    Abstract: The objective of this Country Program Evaluation (CPE) is to assess how well the World Bank Group supported Ethiopia in addressing key challenges that constrained its development and how that support adapted over time to respond to changing circumstances, an evolving relationship, and lessons from experience. The evaluation will cover fiscal years (FY)13-23. The time period is selected to include the last two Bank Group strategies to support Ethiopia and coincides with the period of theprevious two political administrations. The evaluation aims to inform the next Bank Group-supported Country Partnership Framework (CPF) for Ethiopia expected in FY25
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  • 57
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Childcare ; Early Childhood Development ; Education ; Legal Framework ; Policies ; Services Mapping ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: The "Comprehensive Assessment of the Childcare Landscape in Lebanon: A Mixed Methods Study" analyzes the supply and demand of formal childcare services for children aged 0-3. It provides a review of Lebanon's regulatory and institutional framework around childcare, maps out the current supply of services including cost and quality aspects, and deepens the understanding of households' childcare needs. Findings show that there is a mismatch between supply and demand, with a gap in provision for the youngest children and that supply is mostly private, costly, and concentrated in coastal areas. Childcare responsibilities limit women's ability to join the labor force, and affordability is a main constraint for families to access services, resulting in low demand for formal childcare. The study proposes measures for an inclusive expansion of quality and affordable childcare services in four areas: (i) an enabling environment for efficient, affordable provision of quality childcare services, (ii) a more equitable distribution of the unpaid care work burden within the household, (iii) improved State support to address households' care needs, and (iv) inclusive family-friendly workplace conditions in the private sector
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  • 58
    Language: English
    Pages: 1 Online-Ressource (66 pages)
    Parallel Title: Erscheint auch als Hauser, Christina Sarah Tackling Gender Discriminatory Inheritance Law Privately: Lessons from a Survey Experiment in Tunisia
    Keywords: Family Law ; Gender Discrimination ; Gifting ; Inheritance Law ; Poverty Reduction ; Rural Poverty Reduction ; Social Protections and Labor
    Abstract: When reform of gender discriminatory law fails, individual action can offer a second-best solution. As most Muslim-majority countries, Tunisia applies Islamic inheritance law, systematically favoring sons over daughters. By making gifts to their daughter, parents can privately attenuate gender discrimination in inheritance. This study investigates to what extent gifting can represent an alternative to legal reform and for whom. Within a randomized experiment, this study tests whether providing information on public support for inheritance law reform and/or the possibility to make a gift to one's daughter has a causal impact on individual attitudes towards women's right to inheritance. The overall evidence on the effectiveness of the proposed informational treatments to encourage gifting is mixed. However, approval of gifting daughters is high--especially among the wealthy. Men are more likely to gift than women. By contrast, demand for legal reform is significantly higher among women and individuals with low educational attainment. The findings thus suggest that gifting indeed represents an alternative to legal reform; but mostly for a relatively well-off subset of the population, leaving the agency to the traditionally male head of the family
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  • 59
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Health Sector Review
    Keywords: Financial Protection ; Health Service Management and Delivery ; Health Services ; Health, Nutrition and Population ; SDI ; Service Quality ; Systems and Tools ; Workforce
    Abstract: The Service Delivery Indicators (SDI) health survey in Moldova serves as a vital tool for assessing and benchmarking the performance of health service delivery. Its primary aim is to evaluate the quality of basic health services. This comprehensive evaluation enables both governments and service providers to pinpoint deficiencies and bottlenecks in health service delivery, monitor progress over time, and make cross-country comparisons. The widespread availability of and public awareness about SDI indicators foster engagement among policy makers, citizens, service providers, donors, and stakeholders, in turn driving efforts to enhance service quality and ultimately development outcomes
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  • 60
    Language: English
    Pages: 1 Online-Ressource (22 pages)
    Parallel Title: Erscheint auch als Donfouet, Hermann Pythagore Pierre Mortality Costs of and Policy Responses to the COVID-19 Pandemic in Cote D'ivoire
    Keywords: Communicable Diseases ; Covid-19 Pandemic ; Demographics ; Health Monitoring and Evaluation ; Health, Nutrition and Population ; Value of Statistical Life
    Abstract: Cote d'Ivoire, the largest economy in the West African Economic and Monetary Union, was hit by COVID-19, which claimed many lives. This paper estimates COVID-19 mortality costs over time using the value of a statistical life. Using a more conservative estimate of the value of a statistical life income elasticity ranging from 1 to 1.4, the overall COVID-19 mortality costs in Cote d'Ivoire since the pandemic range from USD 100.4 million to USD 284.3 million. Considering age-related adjustments, a 3 percent discount rate, and a value of a statistical life income elasticity of 1 to 1.4, the COVID-19 costs range from USD 5.4 million to USD 15.3 million. Similarly, the COVID-19 mortality costs range from USD 6.8 million to USD 19.3 million with a 5 percent discount rate and a value of a statistical life income elasticity of 1 to 1.4. More significantly, the findings suggest that COVID-19 mortality costs started to decline in 2021. To enhance prevention, preparedness, and response to future pandemics, policy makers could consider allocating pandemic funding within national budgets. Exploring potential partnerships with philanthropic organizations and international entities could further enhance domestic resource matching efforts
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  • 61
    Language: English
    Pages: 1 Online-Ressource (27 pages)
    Parallel Title: Erscheint auch als Decerf, Benoit Lives, Livelihoods, and Learning: A Global Perspective on the Well-Being Impacts of the COVID-19 Pandemic
    Keywords: Communicable Diseases ; Covid ; Education ; Health and Poverty ; Health, Nutrition and Population ; Learning ; Mortality ; Poverty ; School Health ; Welfare
    Abstract: This study compares the magnitude of national level losses that the COVID-19 pandemic inflicted across three critical dimensions: loss of life, loss of income, and loss of learning. The well-being consequences of excess mortality are expressed in years of life lost, while those of income losses and school closures are expressed in additional years spent in poverty (as measured by national poverty lines), either currently or in the future. While 2020-21 witnessed a global drop in life expectancy and the largest one-year increase in global poverty in many decades, widespread school closures may cause almost twice as large an increase in future poverty. The estimates of well-being loss for the average global citizen include a loss of almost three weeks of life (19 days), an additional two and half weeks spent in poverty in 2020 and 2021 (17 days), and the possibility of an additional month of life in poverty in the future due to school closures (31 days). Well-being losses are not equitably distributed across countries. The typical high-income country suffered more total years of life lost than additional years in poverty, while the opposite holds for the typical low- or middle-income country. Aggregating total losses requires the valuation of a year of life lost vis-a-vis an additional year spent in poverty. If a year of life lost is valued at five or fewer additional years spent in poverty, low-income countries suffered greater total well-being loss than high-income countries. For a wide range of valuations, the greatest well-being losses fell on upper-middle-income countries and countries in the Latin America region. This set of countries suffered the largest mortality costs as well as large losses in learning and sharp increases in poverty
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  • 62
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (43 pages)
    Parallel Title: Erscheint auch als Letta, Marco Climate Immobility Traps: A Household-Level Test
    Keywords: Adaptation ; Adaptation To Climate Change ; Causal Forests ; Climate Change Impacts ; Climate Migration ; Environment ; Finance and Financial Sector Development ; Household Data ; Housing Finance ; Immobility Traps
    Abstract: The complex relationship between climate shocks, migration, and adaptation hampers a rigorous understanding of the heterogeneous mobility outcomes of farm households exposed to climate risk. To unpack this heterogeneity, the analysis combines longitudinal multi-topic household survey data from Nigeria with a causal machine learning approach, tailored to a conceptual framework bridging economic migration theory and the poverty traps literature. The results show that pre-shock asset levels, in situ adaptive capacity, and cumulative shock exposure drive not just the magnitude but also the sign of the impact of agriculture-relevant weather anomalies on the mobility outcomes of farming households. While local adaptation acts as a substitute for migration, the roles played by wealth constraints and repeated shock exposure suggest the presence of climate-induced immobility traps
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  • 63
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other ESW Reports
    Keywords: Core Principles ; Corruption and Anticorruption Law ; Finance and Financial Sector Development ; Financial Law ; Insurance and Risk Mitigation% ; Integrity Compliance ; Internal Controls ; Law and Development ; Small and Medium Sized Enterprises
    Abstract: Small and medium-sized enterprises, or "SMEs," play a major role in global economic development. This Guide aims to provide SMEs with a useful framework for developing effective Integrity Compliance Programs, or "ICPs," tailored to their own business models, budgets, and risk profiles. It distills prevailing best practices and guidelines from leading national and international institutions. Many SMEs worldwide have collaborated with the World Bank Integrity Compliance Office, or "ICO," to develop creative strategies for devising and implementing ICPs, mitigating the risk of misconduct in their operations, and even more broadly, among their business networks. This Guide describes some of these strategies. It is hoped that this Guide, which explains certain core principles, internal controls, and essential elements of ICPs, will be of real, practical value for SMEs seeking to build a culture of integrity in their businesses and communities
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  • 64
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Education ; Education Reform ; Education Reform and Management ; Existing Teachers ; Learning ; Teaching Practices
    Abstract: In 2023, growth in the Pacific islands (PIC-11) decelerated but remained robust at 5.5 percent--about two and a half times the long-term average. Fiji's output surpassed pre-pandemic levels in 2023 despite a notable deceleration, with growth rates halving from 20 percent in 2022 to eight percent in 2023. The PIC-11, excluding Fiji, experienced a noteworthy rebound of 2.7 percent growth in 2023, after a 0.5 percent output contraction in 2022. The trajectory of accelerated and sustainable growth in Pacific Island countries depends on a workforce that is well educated and equipped with enhanced skills and capabilities. Boosting education and skills is essential for long-term growth and poverty reduction in the Pacific Island countries. While multiple factors influence learning, once a child enters school, teachers have the largest impact. A robust body of evidence guides policymakers in improving teaching quality and ensuring that all young children acquire strong foundational skills. This report outlines a three-pronged program of action based on this evidence: attracting and recruiting effective teachers, enhancing existing teachers' capacity, and motivating greater teacher effort. Recognizing that 54 percent of teachers expected to teach in 2035 are already recruited, the report emphasizes a special focus on enhancing the capacity of existing teachers. It provides examples of rigorously evaluated interventions, such as structured pedagogy and access to pre-recorded lectures by highly rated teachers. Implementing these recommendations will aid regional countries in accelerating learning, allowing children and societies to achieve their aspirations
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  • 65
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (42 pages)
    Parallel Title: Erscheint auch als Lall, Somik V A Global Incentive Scheme to Reduce Carbon Emissions
    Keywords: Affordable and Clean Energy ; Carbon Emissions ; Carbon Policy and Trading ; Climate Change Mitigation and Green House Gases ; Environment ; Environmental Economics and Policies ; Global Carbon Incentive ; Global Carbon Reduction Incentive ; Global Warming ; Greenhouse Gas Emissions ; International Finance Institutions ; Life on Land ; Natural Resources Management ; SDG 7 ; Sustainable Development Goals
    Abstract: This paper proposes an objective way of estimating and allocating "differentiated" responsibilities for carbon emissions across countries. These responsibilities translate into specific obligations and incentives for future emission reductions and support for adaptation, mitigation, and development. The proposals in this paper should be seen as a starting point for an informed and productive debate. Under the Global Carbon Reduction Incentive, every country that emits more than the per capita global average pays into a global incentive fund. This annual payment will be calculated based on the "excess" emissions per capita, the country's population, and a dollar amount called the Global Carbon Incentive. Countries below the global per capita average would receive a payout commensurate with their "under-emission." The United States and China are the two biggest emitters and, assuming a Global Carbon Incentive of USD10, they jointly would contribute more than USD70 billion to the fund, from which nations such as India, Nigeria, Pakistan, Bangladesh, and Indonesia would be the major recipients. An important adjustment to the Global Carbon Reduction Incentive is to focus on consumption rather than production--a country should not avoid responsibility for the carbon it consumes by outsourcing production to another country. The proposal considers that countries that have used more of the collective carbon budget have benefited from the associated development and should pay for it. The proposal also considers methane emissions as well as crediting countries for their efforts toward preventing deforestation
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  • 66
    Language: English
    Pages: 1 Online-Ressource (34 pages)
    Parallel Title: Erscheint auch als Simbeye, Laban The Role of Firm Dynamics in Aggregate Productivity and Formal Job Flows in Zambia
    Keywords: Employment and Unemployment ; Finance and Financial Sector Development ; Formal Jobs ; Formal Wages ; Industrial Management ; Industry ; Productivity ; Skills Development and Labor Force Training ; Social Protections and Labor ; Structural Transformation ; Wages, Compensation and Benefits
    Abstract: Zambia's private sector must deliver quality jobs at scale to keep up with its expanding working age population, contribute to economic transformation, and reduce poverty. This entails both the creation of high-quality jobs and productivity improvement among existing jobs and firms. This paper analyzes the dynamics of formal firms to identify the drivers and barriers to productivity, formal employment, and formal wage growth in Zambia. Leveraging firm and worker administrative tax data from Zambia, the paper decomposes labor productivity and wage growth among formal firms and workers in Zambia into within-firm, between-firm, inter-sectoral, and dynamic components. The findings show that the aggregate labor productivity of formal firms declined over 2014-21, driven by secular within-firm declines in the non-mining industry and service sectors. By contrast, labor productivity grew in agriculture and remained flat in mining over the same period. Real wage trends for formal workers have mostly mirrored labor productivity dynamics, declining 40-50 percent across non-agriculture sectors but growing slightly in agriculture, largely driven by within-firm shifts rather than between-firm or between-sector dynamics. The declines in labor productivity and wages reflect business environment challenges related to access to finance and electricity, as well as burdensome formal compliance requirements and competition with the informal sector. Within-firm labor productivity challenges also reflect low skills and capacity--including low technology adoption--among both firms and workers
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  • 67
    Language: English
    Pages: 1 Online-Ressource (36 pages)
    Parallel Title: Erscheint auch als Rodriguez, Laura Taxes, Transfers, and Gender: Fiscal Policy Incidence across Fiscal and Care Categories in Jordan
    Keywords: Fiscal and Monetary Policy ; Fiscal Policy ; Gender ; Gender and Economic Policy ; Macroeconomics and Economic Growth ; Poverty ; Poverty Assessment ; Poverty Reduction
    Abstract: Fiscal incidence analysis helps in understanding who contributes to and benefits from the fiscal system, and assessing the impact of fiscal policies in reducing poverty and inequality. Traditionally, the incidence of fiscal policy is assessed for households along the income distribution. In an attempt to tease out the gendered impacts of the fiscal system, this paper instead looks at how much different types of households in Jordan contribute to and benefit from current fiscal policies and the extent to which the fiscal system is helping to equalize post-market outcomes within and across groups. A household typology is constructed for Jordan based on households' demographic characteristics, which not only determine which taxes and transfers a household experiences, but also influence the participation of women in economic activity outside the household because they affect the generation and allocation of care responsibilities. The paper shows that the receipt of in-kind benefits, primarily education, is what drives which groups that receive the largest net benefits from the fiscal system. The results also show that the fiscal system in Jordan is reducing within-group inequalities, which represent over 80 percent of total inequality for both fiscal and care groups. The fiscal system has a limited impact on inequalities across groups, but they are very small
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  • 68
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Climate Action ; Communities and Human Settlements ; Environment ; Environment and Natural Resource Management ; Life on Land ; Migration ; Migration Policies and Jobs ; SDG 13 ; SDG 15
    Abstract: The Dominican Republic (DR) is vulnerable to climate change and has a high rate of natural degradation. The DR shows evidence of significant human mobility flows of (i) internal migration, mainly rural to urban; and (ii) international cross-border migration, especially from Haiti. Given this context, the DR is an important place to study migration induced by the impacts of climate change and natural degradation. In this report, climate migration refers to migration that can be attributed largely to the slow-onset impacts of climate change on livelihoods through natural degradation such us shifts in water availability, crop productivity, ecosystem productivity, or to factors such as sea-level rise. This note builds upon previous studies undertaken regarding climate migration in the DR, and combines a quantitative modeling approach with a qualitative case study
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  • 69
    Language: English
    Pages: 1 Online-Ressource (250 pages)
    Series Statement: International Development in Focus
    Parallel Title: Erscheint auch als
    Keywords: Employment ; Jobs ; Productive Safety Net Program ; Self-Employment ; Social Safety Net ; Wages
    Abstract: Ethiopia has long prioritized creating more and better jobs as core to its sustainable and inclusive development. However, steady growth in the gross domestic product and gains in agricultural productivity in recent decades have not translated into better opportunities nor increased earnings for much of the population. The 2021 Labor Force Survey data reveal labor trends since 1999 and underscore these realities. Moreover, COVID-19 and other shocks have reinforced the disconnect between positive macroeconomic trends at a national level and stagnant incomes at the household level. Working Today for a Better Tomorrow in Ethiopia: Jobs for Poor and Vulnerable Households outlines how Ethiopia can leverage its social safety net programs to help poor and vulnerable workers earn more in today's labor market. The government's latest development planning policies focus on private sector growth and structural transformation to create more and better jobs. While these long-term reforms take hold, the jobs agenda also must include near-term measures to improve worker productivity in and connect people to jobs that already exist. Complementing cash transfers with capital, training, and other services can help workers earn more in their current work, diversify into new types of employment, or connect to available wage jobs.These investments can have an immediate impact for poor people in Ethiopia while also contributing to sustainable and inclusive development
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  • 70
    Language: English
    Pages: 1 Online-Ressource (84 pages)
    Series Statement: LAC Semiannual Report
    Parallel Title: Erscheint auch als
    Keywords: Business Political Power ; Competition ; Film Capabilities ; Growth ; Innovation ; Market Concentration ; Productivity ; Technology Adoption
    Abstract: Latin America and the Caribbean (LAC) has made slow but consistent progress addressing the imbalances induced by the pandemic in an international environment that is just now showing signs of stabilizing. Despite favorable macroeconomic management, high interest rates and fiscal imbalances remain challenging while growth rates remain lackluster due to long-standing structural issues. Looking forward, an aging workforce and rising violence will increasingly complicate policy. This report focuses particularly on weak competitive forces as a source of low productivity, low growth, and low welfare in LAC. It emphasizes the need for effective competition institutions, pro-competition regulatory frameworks, complementary policies to improve the capabilities of workers and firms, and enhanced innovation systems, to prepare local industries to reach the technological frontier and face global competition. Furthermore, the report underscores the need for reforms to prevent large businesses from exerting undue political influence over policy decisions
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  • 71
    Language: English
    Pages: 1 Online-Ressource (126 pages)
    Series Statement: Europe and Central Asia Economic Update
    Parallel Title: Erscheint auch als
    Keywords: Access To Finance ; Business Dynamism ; Economic Growth ; Firms ; Human Capital ; Private Sector Development ; Productivity ; State-Owned Enterprises ; Structural Reforms ; War in Ukraine
    Abstract: Economic activity in the Europe and Central Asia (ECA) region is expected to remain resilient but slow this year as a weaker global economy, slowdown in China, and lower commodity prices weigh on the region's growth outlook. Regional growth is likely to drop to 2.8 percent in 2024, following substantial strengthening to 3.3 percent last year because of a shift from contraction to expansion in the Russian Federation and war-hit Ukraine, and a more robust recovery in Central Asia. Regional output growth is projected to moderate further to 2.6 percent in 2025. The outlook faces multiple headwinds. A slower-than-expected recovery in key trading partners, restrictive monetary policies, and exacerbation of geopolitical developments could further dampen growth across the region. Weak productivity growth in ECA in the recent decade has resulted in a sharp slowdown in income convergence with advanced economies. Fundamental drivers of productivity growth, including progress in advancing institutional and market reforms, technology adoption, and innovation, are key for enabling private sector-led growth. Boosting business dynamism in ECA will require addressing several challenges, including upgrading the competitive environment, reducing state involvement in the economy, dramatically boosting the quality of education, and strengthening the availability of finance. While meeting these challenges will look different across countries, addressing them is an essential condition to achieve stronger economic growth and overcome the middle-income trap
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  • 72
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Crisis ; Sahel ; Shocks ; Social Protection ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: The Sahel region of Africa faces multiple crises, which further compound structural economic and human development challenges. The Sahel is one of the world's poorest regions and displays some of the lowest levels of human capital globally. Violence and insecurity in the Sahel have significantly increased in the past decade, with several countries experiencing active armed conflict and unrest. The impacts of climate change compound existing vulnerabilities and risks. Finally, the external shocks of the COVID-19 pandemic and the war in Ukraine have impacted the Sahel, eroding purchasing power and aggravating poverty. Adaptive Social Protection (ASP) plays a critical role in preventing or mitigating the negative impacts of shocks and boosting resilience for long-term development. ASP has emerged as a flexible and dynamic approach to social protection during the past decade. It combines and exploits synergies between social protection, disaster risk management (DRM), and climate change adaptation. Adaptive Social Protection (ASP) plays a critical role in preventing or mitigating the negative impacts of shocks and boosting resilience for long-term development. The Sahel's vulnerability and exposure to shocks and crises is set to increase with accelerating climate change, calling for a shift from often externally funded, ad hoc responses toward building sustainable, government-led system. Over the past decade, ASP has been on a remarkable trajectory in the Sahel, and this is an appropriate time to take stock of the situation. This report provides an overview of the state of ASP across six Sahelian countries - Burkina Faso, Chad, Mali, Mauritania, Niger, and Senegal - as well as a set of recommendations for actions to strengthen the adaptiveness and responsiveness of existing systems to shocks
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  • 73
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Economic Growth ; Gender ; Gender and Development ; Gulf Cooperation Council (GCC) ; Macroeconomics and Economic Growth ; Saudi Arabia ; Women ; Women and Labor
    Abstract: The Gulf Cooperation Council (GCC) economies have been a bright spot in an otherwise gloomy economic landscape. Average growthin the GCC surpassed 7 percent in 2022 led by Saudi Arabia, its biggest economy, which was globally the fastest growing large economy. This growth was not just a result of buoyant hydrocarbon prices but also continued growth of non-oil sectors. The latter was the result of persistent structural reforms undertaken by several GCC countries to improve the investment environment, promote flexible labor markets, and encourage women to join the labor market. GCC countries have used the windfall revenues from oil and gas to rebuild their buffers, pay down their debt, and shore-up their sovereign wealth funds. They have also sought to protect their vulnerable populations with continued subsidies on food, fuel, and utilities. Such policies have limited the impact of inflation on the domestic economy. Finally, GCC countries have also used their financial muscle to support economically weaker countries in the region. The stellar growth of 2022 is slowing down and growth is expected to moderate to 1 percent in 2023 before picking up again to 3.6 percent in 2024. The decline in economic activity in 2023 is driven by consecutive production cut decisions by OPEC+ in an effort to stabilize global oil prices. However, non-oil GDP continues its growth trajectory reaching 3.9 percent, resulting weaker integration between oil and non-oil sectors. To maintain this track record, GCC countries will need to continue to exercise prudent macroeconomic management, stay the course with structural reforms, and increase non-oil exports. Downside risks remain and it would be amiss not to mention them. The conflict in the Middle East presents major risks to the region and the GCC outlook if it extends or expands to include other regional players. While it is too early to quantify the impact and channels of the conflict, we already witness a 4 percentsurge in global oil futures. Although China is bouncing back after emerging from tight Covid-19 lockdowns, troubles in the real estate sector could still disrupt this trajectory. Persistent high inflation in the world's major economies has not been entirely vanquishedsuggesting a high interest rate environment for a longer period. Windfall revenues are anticipated as a result of higher oil prices driven by the conflict in the Middle East. However, the extent and duration of the conflict will play a pivotal role in determining economicramifications not only on energy markets but also on regional financial and trade markets and overall economic confidence. The Special Focus section of the report discusses the power of structural reforms and social norms in advancing female labor force participation in Saudi Arabia. Saudi Arabia experienced an unprecedented surge in female labor force participation since 2016 as a result of: (i) changing regulations and the removal of legal barriers, shifting social norms, (ii) the implementation of sound structural reforms and (iii) effective government communications. Saudi Arabia's success in increasing female labor force participation from 17.4 percent in 2017 to 36 percent in 2023 offers important lessons to other countries in the region and the world
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  • 74
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Demand Shortfalls ; Economic Forecasting ; Economic Growth ; Growth ; Inflation ; Investment Shifts ; Macroeconomics and Economic Growth ; Property Sector
    Abstract: Economic activity in China has picked up in 2023, but the recovery remains fragile. Real GDP growth accelerated to 5.2 percent y/y in the first three quarters of 2023, driven by demand for services, resilient manufacturing investment, and public infrastructure stimulus. The initial phase of economic reopening triggered a surge in economic activity in Q1, but growth momentum decelerated rapidly in Q2 before recovering modestly in Q3. The volatile growth performance, compounded by persistent deflationary pressures and still weak consumer confidence, suggests continued fragility in the recovery. China's investment deceleration has been one of the key drivers of the overall growth slowdown in recent years. Together with the decline in aggregate investment growth, there has been a marked shift in the composition of investment. Structural reforms are crucial both to accelerate rebalancing towards higher consumption and to mitigate risks of inefficiencies in capital allocation. Following recent statements by policymakers, a renewed focus on structural reform implementation with specific measures strengthening the rule of law, independent enforcement of regulations, fostering competition, and ensuring a level-playing field could help ensure that resources are allocated to the most productive sectors and firms. Deepening financial sector reform will enhance market-based financial intermediation. Measures to improve the progressivity of the fiscal system, reform the hukou system, and foster inclusive finance will support household consumption growth
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  • 75
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Economic Forecasting ; Economic Growth ; FDI ; Foreign Direct Investment ; FX ; Import Bans ; Improved Welfare ; Inflation ; International Economics and Trade ; Macroeconomics and Economic Growth ; Oil Flows ; Private Sector Credit
    Abstract: Important reform decisions have been taken for Nigeria to avoid a fiscal cliff, and temporary compensation is being provided to help the poorest and most vulnerable households. In May and June 2023, the incoming administration undertook two critical policy decisions, which have resulted in price and exchange rate adjustments in the second half of the year. Targeted cash transfers are helping to cushion the adjustment to higher gasoline prices. On fiscal policy, budget planning for the next several years is consistent with sustaining the fiscal savings from the subsidy reform and mobilizing more revenues. However, the reforms are yet to be completed to fully realize the economic benefits. The FX market has remained volatile and is still in a period of continuing adjustment to the new policy approach. Revenue gains from the FX reform are visible, but more clarity is needed on oil revenues, including the fiscal benefits from the PMS subsidy reform. The economic outlook for Nigeria in the short to medium term hinges on the continuation and effectiveness of its macroeconomic stabilization agenda. Successful implementation of the initiated reforms will be the first step toward improving Nigeria's growth prospect. Moving decisively onto a higher long-term growth and poverty reduction path requires not only a stable macroeconomic environment but also concerted structural reforms
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  • 76
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Health Sector Review
    Keywords: Access and Coverage ; Equity ; Financing ; Health Insurance ; Health Monitoring and Evaluation ; Health, Nutrition and Population ; PHCPI Framework ; PHP ; Quality
    Abstract: This report presents the findings of the primary health care (PHC) system in the Republic of the Marshall Islands (RMI), an assessment that the World Bank conducted in consultation with the Ministry of Health and Human Services (MHHS) of the government of RMI. The assessment provides an opportunity to understand the performance of RMI's PHC system, highlighting important areas of strengths and opportunities to address ongoing challenges. The assessment uses the Primary Health Care Performance Initiative (PHCPI) framework, which organizes various domains and subdomains of primary care using a logic model approach that encompasses the traditional inputs and outputs of a system, emphasizing service delivery and performance
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  • 77
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (35 pages)
    Parallel Title: Erscheint auch als Komatsu, Hitomi Presumptive Tax on Small and Microenterprises with a Gender Lens in Ethiopia
    Keywords: Effective Tax Rate ; Female Entrepreneurs ; Fiscal Policy ; Gender ; Gender and Economics ; Macroeconomics and Economic Growth ; Microenterprises ; Tax ; Taxation and Subsidies
    Abstract: Governments often use simplified business tax systems, such as presumptive tax regimes, to register and tax small and microenterprises. Despite concerns about how such regimes could disproportionately affect female-owned and low-revenue entrepreneurs, there is a lack of empirical analysis examining the tax burden. The presumptive tax in Ethiopia has a complex assessment system, where the tax liabilities are determined according to the activity type and turnover (99 activities and 19 turnover bands), and some activities do not have a tax-free threshold. This paper uses two rounds of data in the Ethiopian Socioeconomic Surveys and the tax code to analyze the equity and gender implications of the presumptive tax on small and microenterprises by imputing the effective tax rates. There are three key findings. First, the effective tax rates are higher for businesses in the lowest quartile at 4.3 percent of turnover compared to 1.5 percent for businesses in the highest quartile, using the most recent survey, resulting in a regressive system. Second, male-owned businesses tend to operate in sectors without a tax-free threshold and are more likely than female-owned businesses to face higher tax rates. Third, the effective tax rates are high for businesses in food and beverage services, which is female-dominated, and for transit services, which is male-dominated, due to the lack of a tax-free threshold for these sectors. The study finds that an alternative presumptive tax system with a single tax rate on turnover and an exemption for all low-revenue businesses would be simpler for tax assessment and more progressive
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  • 78
    Language: English
    Pages: 1 Online-Ressource (40 pages)
    Parallel Title: Erscheint auch als Rama, Martin What Lies behind "Good" Analytical Work on Development? Four Years of Knowledge Products at the World Bank
    Keywords: Academic Impact ; Academic Research ; Governance ; International Governmental Organizations ; Research Output ; World Bank Group Research
    Abstract: The World Bank's analytical work has a strong reputation, but its knowledge products are also perceived to be of varying quality and relevance, and the drivers of this heterogeneity are only partially understood. Building on previous evaluations, this paper adopts a production function approach to assess how budget resources, time to completion, technical skills, and institutional responsibilities affect the internal ratings and external visibility of different types of analytical tasks at the World Bank. To this effect, the paper first matches records from three unconnected electronic platforms -- for internal documents, budget codes, and external publications -- to assemble a comprehensive database of knowledge products and their key characteristics. With analytical documents as its unit of observation, the exercise shows that: (1) devoting more resources to analytical tasks leads to both better ratings and greater visibility; (2) both outcomes are systematically worse when a greater share of resources comes from trust funds; (3) they are also consistently worse for tasks that take longer to complete; (4) more academically oriented team leaders underperform on ratings and overperform on visibility, whereas technically solid but less stellar team leaders overperform on ratings; and (5) everything else equal, performance varies systematically with the nature of the unit in charge. The findings of the paper can be read as a cautionary note against knowledge management that is based on the counting of analytical tasks. Instead, the findings call for much stronger information systems on knowledge products, a better alignment of incentives for the units in charge, and regular evaluations in the spirit of this paper
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  • 79
    Language: English
    Pages: 1 Online-Ressource (57 pages)
    Parallel Title: Erscheint auch als Chen, Yutong Gender-Specific Transportation Costs and Female Time Use: Evidence from India's Pink Slip Program
    Keywords: Difference in Differences Specifications ; Fiscal and Monetary Policy ; Gender ; Labor Supply ; Low Skilled Labor ; Macroeconomics and Economic Growth ; Transportation Cost ; Travel Subsidies ; Unemployed Women ; Women in The Workforce
    Abstract: This paper estimates a synthetic difference-in-differences specification on the roll-out of a program providing free bus transit for women in several Indian states, to examine the impact on women's time allocation and labor supply. Household expenditures on buses fall and women save time on travel. However, there is substantial heterogeneity. Skilled employed women increase labor supply and reduce time on household chores. Low-skilled married women increase time on household activities and reduce labor supply. Unemployed women increase job search with no effect on employment. The findings show that gender roles within households undermine the effect of gender-specific travel subsidies on female labor supply
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  • 80
    Language: English
    Pages: 1 Online-Ressource (172 pages)
    Series Statement: Climate Change and Development
    Parallel Title: Erscheint auch als
    Keywords: Climate Change ; Digital Tools ; E-Commerce ; Green Digital Transformation ; Green Gas ; Low Emissions
    Abstract: Climate change is unfolding amid the greatest information and communication revolution in human history. From e-commerce and social media to smart manufacturing and precision farming, digital technologies have become prevalent in all aspects of economic and social life. Digital technologies also have the potential to shape climate change action. Green digital transformation can help countries adapt effectively to the impacts of climate change and create greener growth pathways. Doing this means combining a focus on digital transformation and inclusion with a strategic and sustainable use of digital technologies to address climate change. Green Digital Transformation: How to Sustainably Close the Digital Divide and Harness Digital Tools for Climate Action illuminates the channels through which digital technologies intersect with climate change, and it proposes a path to low-emissions applications of digital technologies to help countries mitigate and adapt to climate change
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  • 81
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (558 pages)
    Parallel Title: Erscheint auch als
    Keywords: Developing Economies ; Growth Prospects ; Policies ; Poverty ; Structural Growth
    Abstract: A structural growth slowdown is under way across the world: at current trends, the global rate of potential growth is expected to fall to a three-decade low over the remainder of the 2020s. Nearly all the forces that have powered growth and prosperity since the early 1990s have weakened. In addition, a series of shocks has affected the global economy over the past three years. A persistent and broad-based decline in long-term growth prospects imperils the ability of emerging market and developing economies to combat poverty, tackle climate change, and meet other key development objectives. The challenges presented by this potential inability call for an ambitious policy response at the national and global levels. This book presents the first detailed analysis of the growth slowdown and a rich menu of policy options to deliver better growth outcomes. This book presents a sobering analysis of the secular growth slowdown based on the most comprehensive database of potential growth estimates available to date. With nearly all the forces that have driven growth and prosperity in recent decades now weakened, the book argues that a prolonged period of weakness is under way, with serious implications for emerging market and developing economies. The authors call for bold policy actions at both the national and global levels to lift growth prospects. The book is essential reading for policy makers, economists, and anyone concerned about the future of the global economy. Beatrice Weder di Mauro Professor of International Economics, Geneva Graduate Institute, and President of the Centre for Economic Policy Research (CEPR) Economic policy making is becoming increasingly complicated in the 2020s. In addition to tackling traditional trade-offs in aggregate demand management and improving efficiency on the supply side, policy makers need to address new priorities and challenges, from addressing climate change and its impacts to improving income distribution, all in the context of lower growth rates, waning productivity growth, and flattening of the globalization process that has brought unprecedented prosperity across the globe and lifted more than a billion people out of poverty. In Falling Long-Term Growth Prospects, the authors do a phenomenal job of assessing these trends at the global and regional levels, identifying and unpacking salient twenty-first-century policy challenges, and providing thoughtful and evidence-based policy prescriptions for leaders in advanced, emerging market, and developing economies. Importantly, the book underscores that these challenges tend to be global and, hence, global cooperation at all levels is necessary to achieve optimal results. Alas, we seem to be going in the opposite direction; this book offers a road map to put us back on the path to creating a more integrated, prosperous, and equitable global community. Michael G. Plummer Director, SAIS Europe and ENI Professor of International Economics, The Johns Hopkins University
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  • 82
    Language: English
    Pages: 1 Online-Ressource (40 pages)
    Parallel Title: Erscheint auch als Islamaj, Ergys The Sovereign Spread Compressing Effect of Fiscal Rules during Global Crises
    Keywords: Communicable Diseases ; Covid-19 Crisis ; Finance and Financial Sector Development ; Fiscal Rules ; Health, Nutrition and Population ; International Economics and Trade ; International Financial Markets ; International Trade and Trade Rules ; Sovereign Spreads
    Abstract: Do fiscal rules help suppress sovereign spreads during periods of global financial stress Yes! This paper examines whether fiscal rules contribute to mitigating sovereign spreads in emerging markets and developing economies during periods of heightened financial and economic volatility worldwide. It finds that the presence of fiscal rules is statistically significantly associated with lower sovereign spreads during the COVID-19 crisis -- about 350 basis points lower on average. Interestingly, this correlation persists even when nations deviate from these rules, indicating an expectation of post-crisis compliance. The study shows that deviations from fiscal rules are typically short-lived, with fiscal balance rules reinstated within 3.5 years. Robustness checks, including controls for institutional quality, fiscal rule strength, and global and regional factors confirm these results. Overall, the findings suggest that fiscal rules can help emerging markets and developing economies signal fiscal responsibility during episodes of global financial stress, reducing borrowing costs relative to countries without fiscal rules
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  • 83
    Language: English
    Pages: 1 Online-Ressource (43 pages)
    Parallel Title: Erscheint auch als Isser, Deborah H Governance in Sub-Saharan Africa in the 21St Century: Four Trends and an Uncertain Outlook
    Keywords: Centralized Power Arrangements ; Checks and Balances ; Fiscal and Monetary Policy ; Governance Reform ; Governance Trajectory ; Macroeconomics and Economic Growth ; Poverty Reduction ; Social Development ; Social Inclusion and Institutions
    Abstract: What can be learned from the governance trajectory of African countries since the beginning of the 21st century What is the quality of governance on the African continent and how does it shape development The first decade of the millennium saw promising growth and poverty reduction in much of the continent. Yet, Sub-Saharan Africa has also been the stage of a stream of governance reform failures and policy reversals, and many countries continue to suffer from the consequences of poor governance. This paper explores the dynamics of governance reform on the continent over the past two decades and points to four key trends. First, effective state institutions, capable of maintaining peace, fostering growth, and delivering services, have developed unevenly. Second, progress has been made on enhancing the inclusiveness and accountability of institutions, but it remains constrained by the weakness of checks and balances and the persistence of patterns of centralized and exclusive power arrangements. Third, civic capacity has risen considerably, but the inability of institutions to respond to social expectations and political mobilization threatens to turn liberal civic engagement into distrust, populism, and radicalization. Fourth, the combination of these three trends contributes to the rise of political instability, which constitutes a major threat for the continent
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  • 84
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Opinion Surveys
    Keywords: Accountability ; Development Economics and Aid Effectiveness ; Effectiveness ; Macroeconomics and Economic Growth ; Social Accountability ; Social Development ; Stakeholder Engagement ; World Bank Group Strategy
    Abstract: The Country Opinion Survey in Fiji assists the World Bank Group (WBG) in better understanding how stakeholders in Fiji perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media, academia, the private sector, and civil society in Fiji on 1) their views regarding the general environment in Fiji; 2) their overall attitudes toward the WBG in Fiji; 3) overall impressions of the WBG's effectiveness and results, knowledge work and activities, and communication and information sharing in Fiji; and 4) their perceptions of the WBG's future role in Fiji
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  • 85
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Agriculture Study
    Keywords: Agriculture ; Agriculture and Farming Systems ; Cassava ; Food ; Gender ; Gender and Development ; Loans ; Marketing ; Plantain ; Value Chain
    Abstract: The main objective of the report is to develop business models on farming and/or processing of cassava, maize and plantain in Cote d'Ivoire that would help financial institutions to gain better knowledge of the value chains, to design appropriate financing products and to streamline the loan decision process for women-led cooperatives. This report has been produced hand in hand with a financial evaluation tool, to assess the profitability of lending to various cooperatives engaged these select value chains. In addition, detailed financial models have been prepared to assess the cash flow projections of the cooperatives, which could be used in the loan decision process. A marketing strategy plan has also been prepared, which aims at guiding financial institutions in their lending initiatives to cooperatives operating in the various value chains. It is vital for financial institutions to have the right marketing approach, so that cooperatives with a suitable profile can enter their pipeline as potential clients for lending
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  • 86
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Urban Study
    Keywords: Demographics and Aging ; Economic Development ; Economic Growth and Planning ; Environment ; Environment and Natural Resource Management ; Human Development and Gender ; Macroeconomics and Economic Growth ; Rural Development ; Rural Development Strategy and Policy ; Urban and Rural Development ; Urban Development ; Urban Economic Development
    Abstract: This report begins with an Executive Summary, which introduces the territorial development approach and the rationale for applying it in Lesotho's development context before going on to summarize key takeaways and recommendations. It is followed by four chapters: chapter 1, Introduction, lays out the country context, presenting in brief Lesotho's economic and demographic situation, population projections, governmental structure, and poverty profile and the government's goals. Chapter 2, territorial development framework and analysis in Lesotho, discusses the territorial development approach, its objectives, and the challenges it aims to address before presenting a customized 2 by 2 territorial framework for Lesotho and explaining how it can be applied. Chapter 3, analyzing Lesotho's Challenges through a Territorial Lens, lays out a spatial analysis centering on four development challenges: economic opportunities, internal connectivity and regional integration, access to basic services, and climate preparedness. To highlight the challenges, the chapter includes 4D heat maps linked to density, distance, disparity, and disaster risk. It also summaries case studies and real-life applications of the territorial development approach in Lesotho. Full case studies are in an annex. Chapter 4, recommendations, covers guiding principles and recommendations based on the territorial development approach and analysis
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  • 87
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Artisanal Coastal Fleet ; Blue Cabotage ; Blue Economy ; Blue Tourism ; Coastal and Marine Environment ; Environment ; Investment Projects ; STP
    Abstract: The Democratic Republic of Sao Tome e Principe (STP) is the smallest independent island state in Africa, having gained independence in 1975, following the Seychelles. STP has a predominantly young population. However, as an island micro-state, the country faces many development problems specific to islands and small countries, such as weak governance capacity, the inability to provide basic services to the population, and a lack of adequate infrastructure (ports, electricity, airports). Additionally, high production and distribution costs of goods and services, including food products, exacerbate the poverty level of the population. The virtually nonexistent corporate structure and undiversified, highly dependent economy make the country vulnerable to exogenous shocks. To address these challenges, STP developed and adopted a Transition Strategy for the Blue Economy in December 2019. This strategy aims to establish the coherence of public policies linked to oceanic resources with the policies of other sectors, such as fisheries and aquaculture, tourism, and energy. The purpose of this paper is to consolidate the analysis of the three investment projects prioritized for inclusion in the National Investment Plan for the Blue Economy. While the report does not imply endorsement of these projects by the World Bank and Food and Agriculture Organization of the United Nations (FAO), its primary objective is to illuminate the drivers of cost and benefit associated with the priorities already identified by the government of Sao Tome e Principe
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  • 88
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Keywords: Adaptation To Climate Change ; Climate Resilient Transport ; Decarbonization ; Environment ; Green Growth ; Infrastructure Economics ; Infrastructure Economics and Finance ; Road and Bridge Infrastructure
    Abstract: At five percent of energy emissions, transport is one of the major contributors to greenhouse gas (GHG) emissions in Indonesia. The rapid growth in vehicle fleet-personal passenger vehicles in particular is driving road transport emissions. Indonesian cities are suffering from severe congestion, air quality issues, and increasing numbers of road accidents and fatalities. Private transport dependence is increasing in Indonesian cities. The growth in Indonesia's urban population has led to a growth in urban area boundaries, suboptimal spatial patterns, and increased travel distances. The availability and quality of public transport is highly deficient and largely left to fragmented unorganized players with old and poorly maintained minivans (angkot). Electric vehicle mobility has been identified as a major prospective area of development for Indonesia. The market response has been timid so far and, despite the government electrification plans, the EV market uptake as a fraction of total vehicle sales is small Large gains in both economic development and climate mitigation benefits are possible through a more structured approach towards urban mobility
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  • 89
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Opinion Surveys
    Keywords: Accountability ; Development Economics and Aid Effectiveness ; Effectiveness ; Financial Aid ; Macroeconomics and Economic Growth ; Social Accountability ; Social Development ; World Bank Group Strategy
    Abstract: The Country Opinion Survey in Algeria assists the World Bank Group (WBG) in better understanding how stakeholders in Algeria perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media, academia, the private sector, and civil society in Algeria on 1) their views regarding the general environment in Algeria; 2) their overall attitudes toward the WBG in Algeria; 3) overall impressions of the WBG's effectiveness and results, knowledge work and activities, and communication and information sharing in Algeria; and 4) their perceptions of the WBG's future role in Algeria
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  • 90
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Opinion Surveys
    Keywords: Accountability ; Development Economics and Aid Effectiveness ; Effectiveness ; Financial Aid ; Macroeconomics and Economic Growth ; Social Accountability ; Social Development ; World Bank Group Strategy
    Abstract: The Country Opinion Survey in Azerbaijan assists the World Bank Group (WBG) in better understanding how stakeholders in Azerbaijan perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media, academia, the private sector, and civil society in Azerbaijan on 1) their views regarding the general environment in Azerbaijan; 2) their overall attitudes toward the WBG in Azerbaijan; 3) overall impressions of the WBG's effectiveness and results, knowledge work and activities, and communication and information sharing in Azerbaijan; and 4) their perceptions of the WBG's future role in Azerbaijan
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  • 91
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other ESW Reports
    Keywords: Economic Policy, Institutions and Governance ; Environment ; Environment and Natural Resource Management ; Landscape Management ; Public and Municipal Finance ; Public Sector Development ; Public Sector Management
    Abstract: This guide presents the Landscape Governance Assessment Tool (LGAT) and the Decision Support System (DSS). It is intended for people addressing a variety of problems linked to forested landscapes, such as alleviating rural poverty, restoring degraded lands, meeting national climate commitments, or conserving biodiversity. The LGAT measures the strengths and weaknesses of governance in a forested landscape. Drawing on expert and stakeholder knowledge, the LGAT assesses the quality of governance and produces a summary rating, called the Landscape Governance Index (LGI). The tool can be used at many stages of a project, but it is primarily intended to provide an informed starting point for discussing and designing governance reforms. The DSS component creates a roadmap for reform by identifying priority areas, generating ideas for reform, and analyzing them to arrive at practical ways forward. Overall, the tool identifies reform pathways that have a good chance of making a difference in the landscape. The LGAT score demonstrates the need, while stakeholder and expert involvement in both the measurement and DSS steps shape and garner support for reforms. The DSS analysis screens the reforms to identify those likely to be practical and effective
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  • 92
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Carbon Market ; Climate Change ; Digital Divide ; Environment ; Environment and Natural Resource Management ; ICT Applications ; Information Technology ; Private Sector Development ; Public Expenditure Management ; Public Sector Development
    Abstract: Enterprises in Kenya encompass a diverse and dynamic landscape, representing a crucial driver of economic growth and employment opportunities in the country. Small and medium-sized enterprises (SMEs) play a pivotal role, contributing significantly to the nation's gross domestic product (GDP) and accounting for 90 percent of the labor force. Enterprises must scale their climate action to meet Kenya's climate mitigation and adaptation goals. However, the lack of funding has limited their contribution to the climate agenda. Debt constitutes most of enterprises' funding, but the price of debt remains very high and loan tenors are short. The availability of patient capital, including private equity, is also low. Carbon markets can be an important vehicle to support an enterprise's climate action. Crucially, carbon markets function as a source of non-debt, results-based financing that does not require prior assets or collateral, potentially enabling enterprises in Kenya that struggle to access other sources of climate finance to grow. Despite this potential and the government of Kenya's commitment to scale carbon markets, Kenya's participation in international carbon markets remains concentrated, with most credits issued by a handful of developers. Many enterprises also have limited understanding on how they should develop and monetize carbon credits. The purpose of this guidebook is therefore to provide practical step-by-step guidance to help enterprises navigate the complex and fast-evolving landscape of carbon markets
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  • 93
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Health Study
    Keywords: Development Patterns and Poverty ; Disease Control ; Economic Development ; Health Care ; Health, Nutrition and Population ; Non-Communicable Disease ; Poverty Monitoring and Analysis
    Abstract: Non-communicable diseases (NCDs) are increasingly placing significant health and economic burdens on low- and middle-income countries (LMICs). Primary care serves as the initial point of contact for individuals seeking medical assistance and plays a pivotal role in promoting health, preventing diseases, and managing chronic conditions like cardiovascular diseases, diabetes, cancer, and respiratory illnesses. By embedding NCD services within primary health care (PHC) settings, individuals receive timely screening, diagnosis, treatment, and ongoing support, leading to improved health outcomes and reduced healthcare costs. The World Bank has significantly increased its investments in NCD management, particularly over the past decade. The aim of this report is to collate real-world examples showcasing the integration of best practices for managing NCDs within PHC systems. This anthology accompanies the NCD system assessment tool, which aims to support World Bank country teams to a rapidly (~3 months) assess gaps implementation of a set of best practices for NCD prevention and management. Specifically, the tool evaluates health systems against 43 best practices - practical policies, plans, programs or structures - recommended by global consensus panels or proven to be effective in meta-analyses, systematic reviews and Cochrane reviews. These best practices that make up the assessment tool are the foundation of the case studies in this anthology. Drawing on desk-based review of available data, peer-reviewed and grey literature, and a small set of key informant interviews, the cases in this anthology detail the successes, challenges, and lessons learned from the adoption of these best practices in diverse country contexts
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  • 94
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Public Sector Study
    Keywords: Civil Registration ; Digital Societies ; Economic Forecasting ; Economic Growth ; Environment ; Governance ; Identification Systems ; Information and Communication Technologies ; Sustainable Development
    Abstract: The World Bank Group's Identification for Development (ID4D) Initiative harnesses global and cross sectoral knowledge, World Bank financing instruments, and partnerships to help countries realize the transformational potential of identification (ID) systems, including civil registration (CR). The aim is to enable all people to exercise their rights and access better services and economic opportunities in line with the Sustainable Development Goals. This is especially important as countries transition to digital economies, digital governments, and digital societies, where inclusive and trusted means of verifying identity are essential to ensure accessibility and data protection
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  • 95
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Keywords: Adaptation to Climate Change ; Climate Change ; Economic Growth and Planning ; Environment ; Environment and Natural Resource Management ; Finance and Development ; Finance and Financial Sector Development ; Poverty Reduction
    Abstract: Pakistan is at a critical decision point. While there have been recent important examples of reform progress, economic policies over past years and decades have had overall negative impacts on sustainability, productivity, and investment. As Pakistan has fallen behind its peers, progress with poverty reduction has ceased. Human development outcomes remain dire, while the benefits of growth have accrued disproportionately to a narrow elite. Amid continued rapid population growth and a youth bulge, a growing number of young Pakistanis are frustrated by the lack of opportunities, with prospects for young women especially bleak. Pakistan is among the countries most impacted by climate change, and recent events, including the 2022 floods, have highlighted the urgent need for investment in climate resilience. The economy is now, again, sustained by a short-term International Monetary Fund (IMF) program, inflation is at record highs, the rupee has depreciated sharply, while foreign exchange reserves remain at uncomfortably low levels. Recent policy measures (including the restoration of exchange rate flexibility, subsidy reforms, and movements towards fiscal constraint) have supported economic stabilization, but the underpinning drivers of Pakistan's economic fragility remain to be addressed. This note presents critical policy shifts required to move beyond the current low equilibrium towards sustainable and inclusive economic development and poverty reduction. This note summarizes the accompanying series of policy notes. It: (i) outlines Pakistan's current development challenge; (ii) identifies the critical constraints to faster development progress; (iii) describes the major policy shifts that will be required to address current constraints; and (iv) presents broad principles to guide implementation of required reforms
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  • 96
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (131 pages)
    Series Statement: South Asia Economic Focus
    Parallel Title: Erscheint auch als
    Keywords: Climate Change ; Climate Shocks ; Economic Growth ; Employment Growth ; Female Labor Force Participation ; Labor Market ; Poverty ; Private Investment ; Technology Adoption
    Abstract: South Asia is expected to continue to be the fastest-growing emerging market and developing economy (EMDE) region over the next two years. This is largely thanks to robust growth in India, but growth is also expected to pick up in most other South Asian economies. However, growth in the near-term is more reliant on the public sector than elsewhere, whereas private investment, in particular, continues to be weak. Efforts to rein in elevated debt, borrowing costs, and fiscal deficits may eventually weigh on growth and limit governments' ability to respond to increasingly frequent climate shocks. Yet, the provision of public goods is among the most effective strategies for climate adaptation. This is especially the case for households and farms, which tend to rely on shifting their efforts to non-agricultural jobs. These strategies are less effective forms of climate adaptation, in part because opportunities to move out of agriculture are limited by the region's below-average employment ratios in the non-agricultural sector and for women. Because employment growth is falling short of working-age population growth, the region fails to fully capitalize on its demographic dividend. Vibrant, competitive firms are key to unlocking the demographic dividend, robust private investment, and workers' ability to move out of agriculture. A range of policies could spur firm growth, including improved business climates and institutions, the removal of financial sector restrictions, and greater openness to trade and capital flows
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  • 97
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (234 pages)
    Parallel Title: Erscheint auch als
    Keywords: Climate Action ; Formal Land Registries ; Land Institutions ; Land Policies ; Rural Transformation ; Sustainable Urbanization
    Abstract: African countries' ability to create productive jobs and to effectively confront the challenges of climate change will depend on land policies that promote investment, market participation, and taxation of private land to be able to provide essential public goods and services. However, high cost of land registration together with unrealistic land use regulations and opaque public land management impede land and financial market functioning in much of Sub-Saharan Africa, undermining trust in the state, capacity for own source revenue generation, and agricultural intensification. This report discusses how African countries can take advantage of digital interoperability, remote sensing, and connectivity to reduce urban informality and improve the functioning of land and mortgage markets. This will strengthen the social contract, and provide growth-enhancing public services; recognize, demarcate, and register (digital) use rights to customary land to improve the functioning of rural factor markets; and sustainably manage public land in a way that is competitive and ensures continued provision of public goods to future generations
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  • 98
    Language: English
    Pages: 1 Online-Ressource (96 pages)
    Series Statement: International Development in Focus
    Parallel Title: Erscheint auch als
    Keywords: Child Marriage ; Free Education ; Health ; Human Development ; Poverty ; Under-Five And Maternal Mortality
    Abstract: Sierra Leone is one of the poorest countries in Sub-Saharan Africa, with a gross national income per capita of USD 510 in 2022. The country ranked near the bottom of all countries in the latest Human Development Index. Despite these low rankings, in the years since the end of the 10-year civil war in 2002, Sierra Leone has made notable progress. The return to peace and stability and the ample availability of fertile land have facilitated recovery and growth in agriculture. Urban areas have become local trading and commercial centers, and the capital of Freetown has seen many sources of new wealth and development. Poverty significantly declined from 2003 to 2011. Progress continued, although less emphatically, until 2018, and access to basic services improved, particularly in education and health. Sierra Leone has made strides in key indicators on education and health, including expected years of schooling and primary completion rates. Strong gains in reducing under-five and maternal mortality as well as under-five stunting have also been observed. However, improvements in some of these dimensions should not distract policy makers from the challenges posed by the relative lack of progress in others. Adolescent girls in Sierra Leone continue to have relatively high rates of child marriage and early childbearing and low educational attainment. Moreover, improvements have not permeated to the entire population. The rural poor population in particular has experienced a relative lack of progress. Essays on Equity, Health, and Education in Sierra Leone: Selected Challenges and Benefits examines the evolution of poverty and human development outcomes since the end of the civil war and asks if the foundations for achieving shared prosperity and addressing persistent poverty in the country have been laid down through key policies in the education and health sectors
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  • 99
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (174 pages)
    Parallel Title: Erscheint auch als
    Keywords: Artificial Intelligence ; Broadband ; Data Governance ; Digital Divide ; Digital Infrastructure ; Digital Platforms ; Digital Technologies ; Digitalization ; Information
    Abstract: Digitalization is the transformational opportunity of our time. The digital sector has become a powerhouse of innovation, economic growth, and job creation. Value added in the IT services sector grew at 8 percent annually during 2000-22, nearly twice as fast as the global economy. Employment growth in IT services reached 7 percent annually, six times higher than total employment growth. The diffusion and adoption of digital technologies are just as critical as their invention. Digital uptake has accelerated since the COVID-19 pandemic, with 1.5 billion new internet users added from 2018 to 2022. The share of firms investing in digital solutions around the world has more than doubled from 2020 to 2022. Low-income countries, vulnerable populations, and small firms, however, have been falling behind, while transformative digital innovations such as artificial intelligence (AI) have been accelerating in higher-income countries. Although more than 90 percent of the population in high-income countries was online in 2022, only one in four people in low-income countries used the internet, and the speed of their connection was typically only a small fraction of that in wealthier countries. As businesses in technologically advanced countries integrate generative AI into their products and services, less than half of the businesses in many low- and middle-income countries have an internet connection. The growing digital divide is exacerbating the poverty and productivity gaps between richer and poorer economies. The Digital Progress and Trends Report series will track global digitalization progress and highlight policy trends, debates, and implications for low- and middle-income countries. The series adds to the global efforts to study the progress and trends of digitalization in two main ways: -- By compiling, curating, and analyzing data from diverse sources to present a comprehensive picture of digitalization in low- and middle-income countries, including in-depth analyses on understudied topics. -- By developing insights on policy opportunities, challenges, and debates and reflecting the perspectives of various stakeholders and the World Bank's operational experiences. This report, the first in the series, aims to inform evidence-based policy making and motivate action among internal and external audiences and stakeholders. The report will bring global attention to high-performing countries that have valuable experience to share as well as to areas where efforts will need to be redoubled
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  • 100
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Energy Study
    Keywords: Anchoring and Mooring ; Energy ; Energy Resources Development ; Energy Yield ; Environment ; Environment and Energy Efficiency ; Floating Solar Photovoltaics ; FSPV Ecosystem ; HSE ; Inverter ; Power Plants
    Abstract: This report builds a compelling case for India to look beyond land and institute an ecosystem that supports the installation and operationalization of floating solar photovoltaics (FSPV) power plants. Since these plants are installed on the underutilized surfaces of large water bodies, no land needs to be diverted from other uses. The installation of FSPVs also spurs job creation and catalyzes the development of a domestic value chain as some of the components, such as floaters, need to bemanufactured close to installation sites. They also provide a range of other benefits as they generate relatively more power than ground-mounted solar plants (due to the cooling effect of water) and better utilize shared infrastructure such as transmission systems, wherever available
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