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  • Online Resource  (534)
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  • 1
    Language: English
    Pages: 1 Online-Ressource (79 pages)
    Parallel Title: Erscheint auch als Amjad, Beenish Fiscal Policy, Poverty, and Inequality in a Constrained Environment: The Case of the West Bank and Gaza
    Keywords: Cash Transfer Program ; Commitment To Equity ; Comparative Analysis ; Fiscal Policy ; Indirect Taxes ; Inequality ; Inequality Reduction ; Macroeconomics and Economic Growth ; Poverty Reduction ; Tax Administration ; VAT
    Abstract: This report analyzes the distributional impacts of the main taxes and transfers on households' welfare in the West Bank and Gaza. The analysis uses the Commitment to Equity methodology, enabling comparison of the results to other countries where this framework has been applied. The report assesses the effects of government taxation, social expenditure, and indirect subsidies on poverty and inequality in the West Bank and Gaza. The results indicate that the combination of taxes and transfers modelled in the West Bank and Gaza reduces inequality by 6.5 Gini points but increases the national poverty headcount by 8.4 percentage points. These fiscal policy outcomes on poverty and inequality reduction are below average in terms of desirability compared to other lower-middle-income countries. The taxes and transfers modelled in the West Bank and Gaza achieve most inequality reduction through in-kind benefits from public basic education and public hospitals, followed by the Cash Transfer Program and the value-added tax (VAT). Their large impact on inequality reduction is explained by a combination of their progressivity and their size relative to household income. The redistributive effect of direct taxes, customs duties, and indirect subsidies is zero or close to zero. Indirect taxes represent the fiscal interventions contributing most to the increase in national poverty; customs duties followed by VAT represent the largest burden on households' incomes. Direct transfers from social protection cannot offset the impoverishment effect from indirect taxes because they have very limited coverage. Only the poorest decile is a net cash beneficiary after paying taxes and receiving cashable transfers. The rest of the deciles are net payers to the fiscal system. To decrease poverty and inequality in the West Bank and Gaza, the most significant policy recommendation to emerge from the analysis is to expand direct transfers to the second and third deciles to compensate for indirect tax burdens. Financing this reform is feasible through domestic tax mobilization or through rationalization of inefficient fuel and electricity subsidies that benefit the top income deciles most
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  • 2
    Language: English
    Pages: 1 Online-Ressource (32 pages)
    Parallel Title: Erscheint auch als Canavire Bacarreza, Gustavo Fiscal Incidence on the Island: Grenada's Fiscal System and Its Incidence
    Keywords: Consumption ; Fiscal Incidence ; Fiscal Policy Interventions ; Inequality ; Living Standards ; Macroeconomics and Economic Growth ; Poverty ; Poverty Reduction ; Public Expenditure ; Public Revenue ; Social Transfers ; Tax ; Taxation and Subsidies
    Abstract: This paper examines the distributional effects of fiscal policy in Grenada. Using data from the 2017-18 Living Conditions and Household Budgets Survey and following the Commitment to Equity analysis framework, the paper estimates the effects of fiscal policy interventions on inequality and poverty. It analyzes the distributional incidence of direct and indirect taxes, direct transfers provided by social transfers and school feeding programs, and in-kind transfers generated by public services in health and education. The results show that Grenada has a tax system that is neutral on the value-added tax side and progressive on the personal income tax side. Furthermore, direct transfers make a modest contribution to poverty reduction and are almost neutral in their distributive impact. The results contribute to the understanding of who bears the burden of taxation and benefits from transfers and of how Grenada's fiscal system can improve its redistributive effect
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  • 3
    Language: English
    Pages: 1 Online-Ressource (54 pages)
    Parallel Title: Erscheint auch als Rodriguez, Laura Fiscal Policy, Poverty and Inequality in Jordan: The Role of Taxes and Public Spending
    Keywords: Finance and Development ; Finance and Financial Sector Development ; Fiscal Policy and Inequality ; Income Inequality ; Poverty and Social Impact ; Poverty Monitoring and Analysis ; Poverty Reduction ; Public Sector Development
    Abstract: Analysing who benefits from different taxes and spending is important to understand how fiscal policy is affecting poverty and inequality in Jordan. This study traces how the Jordanian fiscal system affects different households, while paying income tax and GST and benefiting from social assistance, and services, such as, cash transfers, electricity and water subsidies, education and health. The study finds that Jordan's current fiscal system is modestly progressive, but more could be achieved. Inequality, as measured by the Gini Index, falls 5.8 points between household market incomes and post-fiscal incomes (after paying income and consumption taxes as well as receiving government transfers and subsidized services). When considering only monetary taxes and benefits (that is, excluding non-cash education and health services), inequality falls by only 2.6 points and poverty would be almost the same as the official poverty rate. Nonetheless, the recent expansion of social assistance programs is making Jordan's fiscal policies more equalizing and there is scope for other reforms which would both close the fiscal gap while further reducing poverty and inequality
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  • 4
    Language: English
    Pages: 1 Online-Ressource (69 pages)
    Parallel Title: Erscheint auch als Del Carmen, Giselle Two Decades of Top Income Shares in Honduras
    Keywords: Administrative Registries ; Econometrics ; Economic Development ; Honduras ; Income ; Inequality ; Macroeconomics and Economic Growth ; Top Income
    Abstract: This paper presents distributional national accounts for Honduras over 2003-2019, using survey microdata, administrative tax records, and national account aggregates. It assembles comprehensive data on formal income for high-income individuals, including information on corporate shareholders, which allows corporate profits to be assigned to their owners. The estimates suggest a high and persistent inequality in the country: the top 1 percent highest earners received approximately 30 percent of the total income over the period, placing Honduras among the most unequal countries in the world. Undistributed corporate profits are the overwhelming income source at the very top of the distribution, highlighting its importance in the measurement of income inequality. Finally, using a panel of tax records, the paper also documents that not only is inequality persistent, but the same individuals are often observed at the top, suggesting that the observed inequality has deep roots
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  • 5
    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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  • 6
    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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  • 7
    Language: English
    Pages: 1 Online-Ressource (59 pages)
    Parallel Title: Erscheint auch als Trinh, Trong-Anh Does Global Warming Worsen Poverty and Inequality? An Updated Review
    Keywords: Chronic Poverty ; Climate Change ; Climate Change Economics ; Climate Change Mitigation and Green House Gases ; Environment ; Global Warming ; Inequality ; Macroeconomics and Economic Growth ; Poverty ; Transient Poverty
    Abstract: This paper offers an updated and comprehensive review of recent studies on the impact of climate change, particularly global warming, on poverty and inequality, paying special attention to data sources as well as empirical methods. While studies consistently find negative impacts of higher temperature on poverty across different geographical regions, with higher vulnerability especially in poorer Sub-Saharan Africa, there is inconclusive evidence on climate change impacts on inequality. Further analysis of a recently constructed global database at the subnational unit level derived from official national household income and consumption surveys shows that temperature change has larger impacts in the short term and more impacts on chronic poverty than transient poverty. The results are robust to different model specifications and measures of chronic poverty and are more pronounced for poorer countries. The findings offer relevant inputs into current efforts to fight climate change
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  • 8
    Language: English
    Pages: 1 Online-Ressource (63 pages)
    Parallel Title: Erscheint auch als Brunckhorst, Ben Long COVID: The Evolution of Household Welfare in Developing Countries during the Pandemic
    Keywords: COVID and Informal Workers ; COVID-19 Impacts ; Gender ; Gender and Poverty ; Gendered COVID Impact ; Inequality ; Labor Market Impacts ; Phone Survey Data ; Poverty Reduction ; Welfare
    Abstract: This paper examines the welfare impacts of the COVID-19 pandemic, using harmonized data from 343 high-frequency phone surveys conducted in 80 economies during 2020 and 2021, representing more than 2.5 billion people. The analysis focuses on the scarring effects of the initial losses of employment and income by examining their evolution over time across and within countries, as restrictions on mobility and economic activity were introduced and then gradually relaxed. The employment and welfare outcomes of some groups that were impacted to a greater degree initially-including women, informal workers, and those with less education-have been improving at a slower pace. The social protection response in lower-income economies was largely insufficient to protect households from the pandemic shock. Unmitigated welfare losses, as seen for example from the large share of households indicating income losses well into 2021, are highly correlated with food insecurity, which likely led some households to sell physical assets and deplete their savings. Without proper remediation, the uneven welfare impacts associated with COVID-19 may be amplified over the medium to long term, leading to future increases in poverty and inequality
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  • 9
    Language: English
    Pages: 1 Online-Ressource (49 pages)
    Parallel Title: Erscheint auch als Berg, Claudia Does Market Integration Increase Rural Land Inequality? Evidence from India
    Keywords: Colonial Railroad ; Communities and Human Settlements ; Credit Market Imperfections ; Farming Technology ; Golden Quadrilateral ; Gravity Measures ; Increasing Returns ; Inequality ; International Economics and Trade ; Land Administration ; Land Inequality ; Landlessness ; Market Integration ; Poverty Reduction ; Rural Land Policies for Poverty Reduction ; Rural Roads and Transport ; Transport Infrastructure
    Abstract: Investments in transport infrastructure lower trade costs and lead to integration of villages with urban markets. Does spatial market integration increase land inequality in rural areas Theoretical analysis by Braverman and Stiglitz (1989) suggests that the interactions of lower trade costs with credit market imperfections can increase land inequality. The primary mechanism is the adoption of increasing returns technology by large landowners facing lower trade costs which makes it more profitable to expand their scale by buying land from small, credit-constrained farmers. Using high- quality household survey data (the India Human Development Survey) on land ownership in rural districts of India, this paper provides the first evidence on the effects of market integration on land ownership inequality. It develops an instrumental variables approach exploiting two sources of exogenous variation: the location of a rural district relative to the Golden Quadrilateral network (an inconsequential place design) and the length of colonial railroad in the 1880s in a district (a historical infrastructure design). This paper discusses and deals with potential objections to the exclusion restrictions. The evidence suggests that a 10 percent increase in a gravity measure of market access increases the land Gini coefficient by 2.5 percent and the share of landless households by 6.8 percent. This paper finds evidence consistent with the Braverman and Stiglitz (1989) hypothesis that the interaction of credit market imperfections with lower trade costs increases land inequality: a 10 percent increase in market access increases the adoption of increasing returns farming technology by 3.5 percent. There is a positive effect on land sales, but the instrumental variables estimates are imprecise. The robustness of the conclusions is checked by relaxing the exclusion restrictions using the Conley and others (2012) approach, and the bias-adjusted ordinary least squares estimator of Oster (2019) that does not impose any exclusion restrictions. The estimated effects of market access cannot be accounted for by the colonial land revenue system, demographic pressure on land, and differences in inheritance law between the Hindu and Muslim population in a district
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  • 10
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Economic and Sector Work Reports
    Keywords: Adaptation to Climate Change ; Climate Change Economics ; Climate Change Policy and Regulation ; Climate Development ; Economic Growth ; EMDES ; Energy Transition ; Environment ; Finance and Development ; Finance and Financial Sector Development ; Fiscal Space ; Inclusive Recovery ; Macroeconomics and Economic Growth ; Public Sector Development ; Sustainability ; Transformation
    Abstract: This report makes the case for a big investment push for EMDEs' sustainable recovery and development, assesses the magnitude and composition of such investment, presents actions needed for an energy transition, looks at the role that innovations and state capacity can play in facilitating GRID, and proposes actions that governments, the private sector, MDBs, the IMF, and donors can undertake to mobilize financing at the large scale needed. The report summarizes the insights derived from the meetings of the High-Level Advisory Group (HLAG) on Sustainable and Inclusive Recovery and Growth, jointly led by Mari Pangestu, Ceyla Pazarbasioglu, and Nicholas Stern, and composed of experts from research institutions, the private sector, and governments, as well as senior World Bank Group and IMF staff members. The work of the HLAG, and thus this report, focuses on EMDEs and delves in greater depth into climate investment and financing, particularly for energy transition, as it is a less researched area. While doing so, it recognizes that policy and investment decisions in high-income countries, which accounted for only 16 percent of the global population in 2019 and yet for 32 percent of total greenhouse gas emissions (World Bank 2023a, 2023b), will be critical to whether the Paris Agreement goals can be reached. It also recognizes that these countries must play a key role in contributing financially to EMDEs' transition to low-carbon economies
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  • 11
    Language: English
    Pages: 1 Online-Ressource (37 pages)
    Parallel Title: Erscheint auch als Azevedo, Joao Pedro COVID-19 School Closures, Learning Losses and Intergenerational Mobility
    Keywords: Access To Education During COVID ; COVID-19 Learning Loss ; Educational Attainment ; Educational Mobility ; Health, Nutrition and Population ; Inequality ; Intergenerational Mobility
    Abstract: The paper presents a first global investigation of the longer-term inequality implications of COVID-19 by examining the effect of school closures on the ability of children from different countries and backgrounds to engage in continued learning throughout the pandemic, and their implications for intergenerational mobility in education. The analysis builds on the data from the Global Database of Intergenerational Mobility, country-specific results of the learning loss simulation model using weekly school closure information from February 2020 to February 2022, and high-frequency phone survey data collected by the World Bank during the pandemic to assess the incidence and quality of continued learning during periods of school closures across children from different backgrounds. Based on this information, the paper simulates counterfactual levels of educational attainment and corresponding absolute and relative intergenerational educational mobility measures with and without COVID-19 impacts, to arrive at estimates of COVID-19 impacts. The simulations suggest that the extensive school closures and associated learning losses are likely to have a significant impact on both absolute and relative intergenerational educational mobility in the absence of remedial measures. In upper-middle-income countries, the share of children with more years of education than their parents (absolute mobility) could decline by 8 percentage points, with the largest impacts observed in the Latin America region. Furthermore, unequal access to continued learning during school closures across children from households of different socioeconomic backgrounds (proxied by parental education levels) leads to a significant decline in relative educational mobility
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  • 12
    Language: English
    Pages: 1 Online-Ressource (42 pages)
    Parallel Title: Erscheint auch als Karra, Mahesh Liberian Women Count: Evidence from a Macrosimulation of the Gender Dividend
    Keywords: Demography ; Economic Contribution Of Women ; Economic Growth ; Gender ; Gender Dividend ; Inequality ; Macrosimulation ; Time Allocation ; Value Of Domestic Work ; Women's Empowerment ; Women's Human Capital
    Abstract: Liberian women make significant economic contributions yet are constrained from contributing even more due to their exclusion from productive opportunities. This study develops a macrosimulation model of the Gender Dividend that estimates the economic contributions of women and the societal costs incurred by excluding them. Using macroeconomic, demographic, and survey data from Liberia, the analysis finds that women were responsible for 39 percent of market-based output produced annually in 2020, equal to USD 1.08 billion, and contributed another USD 530 million in non-tradable sources of production, namely, housework and domestic chores. Using the macrosimulation model, the study estimates that if the gender gaps in labor force participation, intra-sectoral wages, and sector of employment were closed, gross domestic product would be 11.5 percent higher. If further reforms were undertaken to equalize education and reduce fertility rates to a net-reproduction rate, gross domestic product would be 23.7 percent higher. Finally, if the model also accounts for the value of non-tradable production, gross domestic product would be USD 5.89 billion, or 45.3 percent higher than today's estimates, with women being responsible for 53 percent of the labor market output. These estimates reinforce the need for a unified policy agenda that actively invests in women's human capital and work-related opportunities simultaneously
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  • 13
    Language: English
    Pages: 1 Online-Ressource (91 pages)
    Parallel Title: Erscheint auch als Baquero, Juan Pablo Revisiting the Distributive Impacts of Fiscal Policy in Colombia
    Keywords: Distributiveimpact of Taxes ; Equity and Development ; Fiscal and Monetary Policy ; Fiscal Policy ; Inequality ; Law and Development ; Macroeconomics and Economic Growth ; Poverty and Fiscal Policy ; Poverty Reduction ; Social Spending Impact Inequality ; Tax Law ; Transfer Impact on Poverty
    Abstract: Colombia is one of the most unequal countries in the region and the world. Given the redistributive role of fiscal policy, this study uses recent data from the 2021 Integrated Household Survey to explore the impacts of taxes and spending on poverty and inequality in Colombia. The study introduces innovations to the literature on Colombia, including an update of the fiscal microsimulation model to reflect the most recent economic context; an introduction of new fiscal policy parameters, such as gasoline subsidies and carbon taxes; and methodological improvements. The results show positive redistributive impacts, but these are considerably lower than those seen in other country members of the Organisation for Economic Co-operation and Development (OECD). Direct taxes and transfers reduce the Gini index from 0.543 to 0.505; and direct taxes, indirect taxes, subsidies, and monetary transfers reduce total poverty from 42.1 to 40.2 percent and extreme poverty from 16.1 to 11.7 percent. Direct taxes, transfers, and subsidies are progressive and contribute to poverty reduction, while indirect taxes such as the value-added tax or consumption tax are regressive and do not reduce poverty. This reflects a tax system that is progressive, but not progressive enough (with a low proportion of the population with high levels of income contributing), and cash transfer and subsidy programs that have room for improvement in their targeting
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  • 14
    Language: English
    Pages: 1 Online-Ressource (51 pages)
    Parallel Title: Erscheint auch als Karamba, Wendy Fiscal Policy Effects on Poverty and Inequality in Cambodia
    Keywords: Commitment To Equity ; Fiscal and Monetary Policy ; Fiscal Incidence ; Fiscal Policy ; Inequality ; Macroeconomics and Economic Growth ; Poverty Reduction ; Social Spending ; Taxation
    Abstract: This study assesses the short-term impact of fiscal policy, and its individual elements, on poverty and inequality in Cambodia as of 2019. It applies the Commitment to Equity methodology to data from the Cambodia Socio-economic Survey of 2019/20 and fiscal administrative data from various government ministries, departments, and agencies for the assessment. The study presents among the first empirical evidence on the impact of taxes and social spending on households in Cambodia. The study finds that: (i) Cambodia's 2019 fiscal system reduces inequality by 0.95 Gini index points, with the largest reduction in inequality created by in-kind transfers from spending on primary education; (ii) while Cambodia's fiscal system reduces inequality, the degree of inequality reduction is small in international comparison; and (iii) low-income households pay more in indirect taxes than they receive in cash benefits in the short term to offset the burden. As a result, the number of poor and vulnerable individuals who, in the short term, experience net cash subtractions from their incomes is greater than the number of poor and vulnerable individuals who experience net additions. Fiscal policy can deliver more net benefits to poor and vulnerable households through expanding social assistance spending. Cambodia has embarked on this expansion during the coronavirus pandemic, bringing it closer in line with comparators
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  • 15
    Language: English
    Pages: 1 Online-Ressource (34 pages)
    Parallel Title: Erscheint auch als Bussolo, Maurizio (Perceptions of) Inequality, Demand for Redistribution, and Group-Specific Public Goods: A Survey Experiment in India
    Keywords: Biased Perceptions ; Community ; Distribution ; Income ; Inequality ; Living Standards ; Macroeconomics and Economic Growth ; Personal Wealth ; Poverty Reduction ; Public Goods ; Redistribution
    Abstract: This paper uses data from a survey of 116,061 households in India to study people's beliefs about inequality and demand for redistribution. The findings show that a household's beliefs about inequality, implied by the perception of their position on the income distribution, is negatively correlated with support for reducing inequality. This is relevant since there are significant differences between where individuals believe their household stands and their actual position, with the gap between perceived and actual position exceeding two deciles on average. Despite these large differences, informing individuals of their household's position on the income distribution has no discernible effect on support for reducing inequality. The paper posits that demand for redistribution may be unresponsive to this information because it is based on exclusively on household's income and does not account for the sharing of resources within communities. In communities where group-specific public goods, such as religious and social goods, are present, class antagonism and redistribution are mitigated by community solidarity. Households benefit from these goods, and such benefits alter the individuals' beliefs of inequality. Consistent with this prediction, the average individual perceives their household as richer in districts with a greater supply of religious or social goods. The sharing of resources within religious or ethnic groups can shape perceptions of the income distribution and reduce support for redistribution within these groups, and thus requires serious consideration in studies of inequality
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  • 16
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Health Study
    Keywords: Covid Vaccination ; Covid-19 Impact ; Gender-Based Violence ; Health, Nutrition and Population ; Immunizations ; Inequality ; Pandemic Response Case Study ; Poverty Reduction ; Public Health Promotion ; Public Health Response To Covid ; Universal Health Coverage
    Abstract: The Fiji government responded quickly and moved decisively with stringent measures following the identification of the first COVID-19 case and took various effective measures to prevent its spread. It has been quick to implement public health emergency measures including lockdowns, curfews, physical distancing, travel restrictions, and international border closures to prevent imported cases of the virus. While the Fiji government used its endorsed Health and Emergencies Disaster Management Plan (HEADMAP) and did not view the pandemic as a new concept requiring a new approach, its application remains one that is innovative and potentially transformative, especially for Fiji and the Pacific region. A total of 65,713 cases (7,426 per 100,000 population) and 866 deaths (98 per 100,000 population) have been reported up until June 30, 2022. The Ministry of Health and Medical Services (MoHMS) in Fiji mobilized its staff to serve at designated fever clinics and isolation facilities in hospitals and communities, and it gradually increased its sentinel sites for polymerase chain reaction (PCR) tests, with additional capacity to undertake GeneXpert COVID-19 testing. Since the first confirmed case of COVID-19 was identified in Fiji on March 19, 2020, the government of Fiji has taken proactive and effective measures, including nonpharmaceutical interventions (NPIs) such as school and workplace closure, community quarantine, limiting size of meetings, restricting travel, stay-at-home guidelines for high-risk people, teleworking, closure of high risk venues, and personal hygiene measures; active surveillance and case detection; and appropriate case management using various strategies including fever clinics, contact tracing, supervision, and home quarantine to ensure safe delivery of clinical services. The pandemic has disproportionately impacted the most vulnerable and marginalized groups, including women, children, older people, young people, persons with disabilities, the LGBTQI+ community, single and women-headed households, and poor households, with escalating rates of gender-based violence being reported. Although there are many challenges faced in adequately containing and responding to the COVID-19 pandemic, some of the lessons learned could provide valuable insights for policy makers and researchers globally
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  • 17
    Language: English
    Pages: 1 Online-Ressource (42 pages)
    Parallel Title: Erscheint auch als Krafft, Caroline Quality and Inequality in Pre-Primary and Home Environment Inputs to Early Childhood Development in Egypt
    Keywords: Children and Youth ; Early Childhood Development ; Education ; Education Quality ; Home Environment ; Inequality ; Poverty Reduction ; Pre-Primary ; Pre-Primary Child Development Investment ; Primary Education Investment ; School Readiness Indicators ; Social Development ; Socioeconomic Inquality
    Abstract: By the time children in low- and middle-income countries start primary school, large socioeconomic disparities are evident in children's learning and development. Both pre-primary and home environments can play important roles in influencing school readiness and can contribute to disparities in early childhood development, but there is limited evidence on their relative roles in low- and middle-income countries. This paper examines how pre-primary quality, stimulation at home, and early childhood development vary by socioeconomic status for pre-primary students in the Arab Republic of Egypt. The results demonstrate substantial socioeconomic inequality in stimulation at home, more so than in pre-primary quality and inputs, although there is variation in the degree of inequality across different dimensions of pre-primary quality. "Double inequality" is observed, where students with less stimulating home environments experience slightly lower quality pre-primary inputs. There are particularly large pre-primary inequities in structural quality (physical environment) and less inequity in process quality (pedagogy). These results suggest that targeted investments in pre-primary education in Egypt are necessary to reduce inequality in school readiness but are likely insufficient to close the socioeconomic status gap in children's development. Investing in interventions to improve vulnerable children's home learning environments, as well as investing in quality pre-primary, is critical to address disparities in children's development
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  • 18
    Language: English
    Pages: 1 Online-Ressource (28 pages)
    Parallel Title: Erscheint auch als Liotta, Charlotte Efficiency and Equity in Urban Flood Management Policies: A Systematic Urban Economics Exploration
    Keywords: Climate Change ; Climate Change Impacts ; Communities and Human Settlements ; Disaster Risk Management ; Environment ; Flood Control ; Hazard Risk Management ; Inequality ; Land Use Zoning ; Municipal and Civil Engineering ; Risk-Based Insurance ; Subsidized Insurance ; Urban Development ; Urban Economics ; Urban Floods ; Urban Housing and Land Settlements ; Urban Poverty ; Welfare
    Abstract: Flood exposure is likely to increase in the future as a direct consequence of more frequent and more intense flooding and the growth of populations and economic assets in flood-prone areas. Low-income households, which are more likely to be located in high-risk zones, will be particularly affected. This paper assesses the welfare and equity impacts of three flood management policies-risk-based insurance, zoning, and subsidized insurance-using an urban economics framework with two income groups and three potential flood locations. The paper shows that in a first-best setting, risk-based insurance maximizes social welfare. However, depending on flood characteristics, implementing a zoning policy or subsidized insurance is close to optimal and can be more feasible. Subsidizing insurance reduces upward pressure on housing rents but increases flood damage, and is recommended for rare floods occurring in a large part of a city. Zoning policies have the opposite effect, avoiding damage but increasing housing rents, and are recommended for frequent floods in small areas. The social welfare impact of choosing the wrong flood management policy depends on the location of floods relative to employment centers, with flooding close to employment centers being particularly harmful. Implementing flood management policies redistributes flood costs between high- and low-income households through land markets, irrespective of who is directly affected. As such, they are progressive in terms of equity, compared to a laissez-faire scenario with myopic anticipations, in the more common scenario where poorer populations are more exposed to urban floods. But their impacts on inequality depend on flood locations and urban configuration. For instance, in a city where floods are centrally located and low-income households live in the city center, subsidized insurance would mitigate a surge in inequality, whereas a zoning policy could substantially increase inequalities
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  • 19
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Conflict and Development ; Forced Displacement ; Host Communities ; Inequality ; Living Standards ; Poverty Reduction ; Social Cohesion ; Social Conflict Prevention
    Abstract: This report presents new evidence from 26 background studies on forced displacement and social cohesion to expand the current knowledge base on how to prevent social conflict and promote social cohesion in forced displacement contexts. The background studies are geographically and methodologically diverse. They examine social cohesion in a variety of low-, middle-, and high-income countries across Africa, Asia, Central, and South America, and Europe. Building on this new evidence, the report provides lessons on how development investments and policies can reduce inequalities, alleviate social tensions, and promote social cohesion between and within displaced populations and host communities. Overall, the findings demonstrate that, while displacement can exacerbate existing inequalities and create new inequalities and the potential for conflict, especially in areas with strained services and limited economic opportunities, inclusive policies and development investments can effectively mitigate the negative effects of displacement and promote social cohesion
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  • 20
    Language: English
    Pages: 1 Online-Ressource (51 pages)
    Parallel Title: Erscheint auch als Amendola, Nicola Price Adjustments and Poverty Measurement
    Keywords: Cost-Of-Living Differences ; Household Income and Expenditure Survey ; Inequality ; Inflation ; Macroeconomics and Economic Growth ; Poverty ; Poverty Measurement ; Price Adjustment ; Price Indexes
    Abstract: Measuring poverty entails making interpersonal welfare comparisons, that should account for differences in prices faced by households, both over time and across space. This paper investigates the impact of seemingly minor differences in the practical implementation of price adjustments, by developing an analytical framework that is consistent with standard consumer theory and mindful of the data limitations faced by practitioners. The main result is at odds with common sense: even when multiple price indexes are available, say a food and a nonfood Consumer Price Index, it turns out that using a single price index, the total Consumer Price Index, to adjust the consumption aggregate is recommended. The practice of adjusting the components of the consumption aggregate separately, using matching deflators-food expenditure with the food index and nonfood expenditure with the nonfood index-can lead to a systematic bias in the welfare measure, and consequently in poverty and inequality measures. The direction of the bias can be easily predicted based on the price level and household consumption patterns. On the interplay between spatial and temporal deflation, the findings show that temporal deflation should be carried out before implementing adjustments to spatial cost-of-living differences. The paper illustrates these findings using the Islamic Republic of Iran's 2019 Household Income and Expenditure survey: the bias in the headcount poverty rate due to incorrect deflation is substantive (5-10 percent for estimates at the national level, 15-20 percent in urban and rural areas, and more than 30 percent for district-level headcount rates). Higher-order Foster-Greer-Thorbecke poverty measures are even more affected
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  • 21
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (350 pages)
    Parallel Title: Erscheint auch als
    Keywords: Climate Change Adaptation ; Green Growth ; Inclusive ; Inequality ; Natural Capital ; Resilient Cities
    Abstract: Between 1970 and 2021, the number of people living in cities increased from 1.19 billion to 4.46 billion, while the Earth's surface temperature climbed by 1.19 degrees Celsius above its preindustrial levels. Because of the prosperity they helped generate, cities have been a major cause of this climate change. However, it is also in cities that many of the solutions to the climate crisis--in terms of both adaptation and mitigation--will be found, not least because by 2050, almost 70 percent of the world's population will call cities home. As such, cities are the key to arguably the greatest public policy challenge of our times. To take stock of how green, how resilient, and how inclusive cities globally are today, 'Thriving: Making Cities Green, Resilient, and Inclusive in a Changing Climate' defines a global typology of more than 10,000 cities. It finds that there is wide variation in how green, resilient, and inclusive cities are around the world. It asks how climate change impacts cities and, conversely, how cities affect climate. Vicious cycles in development could occur as cities become more vulnerable to extreme events and the challenges compound and cascade. Finally, this report provides a compass for policy makers on policies that can help cities not only survive but also thrive in the face of the perils of climate change. Policy makers can and must act now to chart a more sustainable trajectory
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  • 22
    Language: English
    Pages: 1 Online-Ressource (50 pages)
    Parallel Title: Erscheint auch als Decerf, Bonoit Reconceptualizing Global Multidimensional Poverty Measurement, with Illustration on Nigerian Data
    Keywords: Health and Poverty ; Health, Nutrition and Population ; Inequality ; Monitary Poverty Measurement Bias ; Mortality Impact Measurement ; Multidimensional Poverty Measurement ; Poverty Diagnostics ; Poverty Reduction ; Well-Being Indicator
    Abstract: Multidimensional poverty measures can in theory make well-being comparisons that are less biased than those solely based on monetary poverty. However, global multidimensional poverty measures suffer in practice from limitations that have led to credible criticisms. This paper presents the case for multidimensional poverty measures, two criticisms against their current implementations, as well as recently proposed solutions to improve on these criticisms. The paper develops a method for implementing these solutions in practice. The resulting well-being indicator is used to compare well-being across Nigerian states in 2019. This empirical illustration suggests that these solutions may substantially affect well-being comparisons. The paper also quantifies the potential bias inherent to comparing well-being solely based on monetary poverty. The results find substantially different well-being comparisons between the proposed well-being indicator and monetary poverty even though monetary poverty was (i) high in Nigeria in 2019 and (ii) very heterogeneously distributed across Nigerian states; and (iii) is integrated as one component of the proposed well-being indicator. The paper aims to improve global multidimensional poverty measures by making them more consistent with preference theory and by incorporating the direct impact of mortality, which deprives individuals of the most important functioning
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  • 23
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (55 pages)
    Parallel Title: Erscheint auch als Amjad, Beenish The Effects of Fiscal Policy on Inequality and Poverty in Iraq
    Keywords: Committment To Equity Model ; Fiscal and Monetary Policy ; Fiscal Incidence ; Fiscal Policy ; Inequality ; Macroeconomics and Economic Growth ; Poverty ; Poverty Reduction ; Social Development ; Social Expenditure ; Social Inclusion and Institutions ; Social Protections and Labor ; Taxes
    Abstract: This study assesses the distributional impacts of public expenditures and taxes on poverty and inequality in the Republic of Iraq. The analysis uses the Commitment to Equity methodology and is based on the survey and government fiscal administrative data for fiscal year 2017. Results from the analysis show that Iraq's fiscal policy is modestly progressive. It reduces short-term inequality by 6.7 and 3.0 Gini points with and without including public spending on education and health services. Both results are less than the global and upper-middle-income country averages. However, driven by direct transfers from poverty targeted social safety net cash transfers and generous pension allowances, the fiscal system reduces short-term poverty by 5 percentage points when evaluated using the international poverty line of USD 5.5. This is one of the largest in the global and upper-middle-income country databases. These positive short-term results are achieved primarily because households pay almost no taxes. Iraq's tax revenues are far lower than even the lower-income countries' average. Unlike in most countries, Iraqi households in all quintiles, even the richest, are net beneficiaries of the fiscal policy. Given oil price volatility and the global movement away from fossil fuels, the high oil dependence and lack of a broader revenue base pose a significant fiscal sustainability challenge in Iraq
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  • 24
    Language: English
    Pages: 1 Online-Ressource (31 pages)
    Parallel Title: Erscheint auch als Eslava, Marcela Business Size, Development, and Inequality in Latin America: A Tale of one Tail
    Keywords: Business Size ; Developing Economies Business Data ; Economic Growth ; Finance and Financial Sector Development ; Firm-Level Datasets ; Income Inequality ; Inequality ; Macroeconomics and Economic Growth ; Micro-Enterprises ; Poverty Reduction ; Private Sector Development ; Private Sector Economics ; Self-Employment
    Abstract: Using official employment surveys for 45 advanced economies and Latin American countries, this paper shows that the positive cross-country correlation between business size and GDP per capita is tighter than previously found using firm-level datasets and finds a close negative business size-Gini relationship. The paper also finds a closer connection between individual income and business size for workers in less developed countries compared with those in advanced economies. Because employment data address the bias against the smallest productive units that characterize firm-level datasets, our approach uniquely assesses and highlights the dominance of the left tail of the business size distribution in less developed countries
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  • 25
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2193
    Keywords: Banking Sector ; Economic Growth ; Fiscal and Monetary Policy ; Fiscal Space ; Growth ; Income Inequality ; Inequality ; Macroeconomics and Economic Growth ; Poverty Reduction ; Reforms
    Abstract: Global economic activity registered resilient growth in early 2023 but is losing momentum. Advanced economies growth slowed less-than-anticipated inearly 2023 as tight labor markets drove wages up, preventing a sharp decline in consumption. However, global growth slowed slightly in Q2 2023, with services growth cooling gradually and manufacturing remaining soft. Global inflation has moderated in recent months, largely reflecting favorable base effects from commodity prices falling below their 2022 peaks, along with abating supply chain pressures. Global trade in services strengthened in 1H 2023 thanks to the easing of mobility restrictions but trade in goods slowed due to weakening global industrial production
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  • 26
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (45 pages)
    Parallel Title: Erscheint auch als Wollburg, Philip The Climate Implications of Ending Global Poverty
    Keywords: Climate Change ; Climate Change Economics ; Co2 Emission Goals ; Environment and Poverty ; Greenhouse Gas Emissions ; Inequality ; Macroeconomics and Economic Growth ; Poverty ; Poverty and Climate Ambitions
    Abstract: Previous studies have explored potential conflicts between ending poverty and limiting global warming, by focusing on the carbon emissions of the world's poorest. This paper instead focuses on economic growth as the driver of poverty alleviation and estimates the emissions associated with the growth needed to eradicate poverty. With this framing, eradicating poverty requires not only increasing the consumption of poor people, but also the consumption of non-poor people in poor countries. Even in this more pessimistic framing, the global emissions increase associated with eradicating extreme poverty is small, at 2.37 gigatonnes of equivalent carbon dioxide in 2050, or 4.9 percent of 2019 global emissions. These additional emissions would not materially affect the global climate change challenge: global emissions would need to be reduced by 2.08 gigatonnes of equivalent carbon dioxide per year, instead of the 2.0 gigatonnes of equivalent carbon dioxide per year needed in the absence of any extreme poverty eradication. Lower inequality, higher energy efficiency, and decarbonization of energy can significantly ease this trade-off: assuming the best historical performance in all countries, the additional emissions for poverty eradication are reduced by 90 percent. Therefore, the need to eradicate extreme poverty cannot be used as a justification for reducing the world's climate ambitions. When trade-offs exist, the eradication of extreme poverty can be prioritized with negligible emissions implications. The estimated emissions of eradicating poverty are 15.3 percent of 2019 emissions with the lower-middle-income poverty line at USD 3.65 per day and or 45.7 percent of 2019 emissions with the USD 6.85 upper-middle-income poverty line. The challenge to align the world's development and climate objectives is not in reconciling extreme poverty alleviation with climate objectives but in providing middle-income standards of living in a sustainable manner
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  • 27
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Poverty Assessment
    Keywords: Education ; Inequality ; Limited Safety Nets ; Poverty Assessment ; Poverty Monitoring and Analysis, Poverty ; Poverty Reduction, Inequality ; Rural Households ; Telecommunications Sector
    Abstract: The share of Uganda's population that lives below the poverty line has fluctuated over the last seven years, greatly influenced by shocks that have tested the resilience of the people. The COVID-19 pandemic pushed both urban and rural residents into poverty. Inequality, which reflects the extent to which different population groups benefit from Gross Domestic Product (GDP) growth, and affects the transmission of growth into poverty reduction, remained largely unchanged over this period and may even have worsened in urban areas. The findings of this report show that previously identified patterns and drivers of Uganda's poverty changes persisted well into 2020 - shaped by low productivity and high vulnerability. Identified inequality of economic opportunities and unequal accumulation of the human capital could hold back structural change in employment. Accelerating poverty reduction in such a setting requires a two-pronged strategy. While at the macroeconomic level, policies addressing growth fundamentals are important for reducing poverty, from a microeconomic perspective, the report's analysis shows that two strategies will be crucial. The first strategy is to lift the productivity and incomes of poor households in both rural and urban areas. While tackling agricultural productivity and job creation are at the top of the agenda here, making mobile phone services more widely accessible and affordable is a potential opportunity. The second strategy is to strengthen people's resilience to shocks, particularly in rural areas. To have an impact, policies in both these areas will have to address the inequality in opportunities analyzed in the report. This document provides an overview of key report findings and identifies priority actions
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  • 28
    Language: English
    Pages: 1 Online-Ressource (35 pages)
    Parallel Title: Erscheint auch als Ebadi, Ebad Fit for (Re)Purpose? A New Look at the Spatial Distribution of Agricultural Subsidies
    Keywords: Agriculture ; Agriculture Subsidy ; Distribution ; Environmental Degradation ; Fertilizer ; Inequality ; Nitrogen Pollution
    Abstract: Agricultural subsidies make up a large share of public budgets, exceeding 40 percent of total agricultural production value in some countries. Subsidies are often important components of government strategies to raise agricultural productivity, support agricultural households, and promote food security. They do so by reducing production costs, promoting the use of inputs or modern farming techniques, encouraging the production of certain crops, and raising household incomes. Given the magnitude of these subsidies, their distributional implications and the externalities they impose on the environment are of significant consequence. This paper uses a new spatial analysis to explore the distributional implications of agricultural output subsidies across 16 countries/regions and the distributional and select environmental implications of input subsidies across 23 countries/regions. The findings show that, relative to the spatial distribution of income, both types of subsidy are distributionally mixed. Output subsidies are relatively progressive in 10 countries/regions and regressive in six, while input subsidies are relatively progressive in 11 countries/regions, regressive in nine, and neutral in three. The results also show that input subsidy schemes significantly increase fertilizer use, particularly in richer regions within countries, leading to soil saturation of nitrogen, an indicator of accelerated environmental degradation
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  • 29
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Agricultural Sector ; Agricultural Sector Economics ; Agriculture ; Gender ; Gender and Development ; Gender Disparities ; Inequality ; Informal Workers ; Jobs Diagnostic ; Labor Disparities ; Labor Markets ; Labor Standards ; Labor Supply ; Poverty Reduction ; Social Protections and Labor
    Abstract: Good quality jobs are key to accelerating poverty reduction and enhancing social cohesion in Togo. Following a decade of significant progress in reducing poverty, the COVID-19 pandemic and of Russia's invasion of Ukraine are likely to have reversed some of these gains in living standards, however. The creation of more good quality jobs plays a key role in any country's poverty reduction efforts, and will be essential to recover from recent shocks and reinforce earlier gains made in Togo. International research also points to lack of economic opportunities and insufficient social services as key drivers of radicalization of young people. Security threats in the northern region of the country have been growing, with terrorist attacks in Burkina Faso close to the Togolese border increasing in number and severity since 2018, and a first attack reported on Togolese territory in November 2021 in the Savanes region. Access to good quality jobs with a stable income for young Togolese will thus also be part of the solution to the security threats
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  • 30
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (28 pages)
    Parallel Title: Erscheint auch als Seitz, William Preferences for Wage Discrimination against Women
    Keywords: Age Bias ; Discrimination ; Equal Pay ; Equity and Development ; Gender ; Gender and Law ; Gender Equality ; Gender Wage Gap ; Inequality ; Poverty Reduction ; Social Protections and Labor ; Systematic Gender Bias ; Wages, Compensation and Benefits
    Abstract: This study demonstrates systematic bias against women in public perceptions of the fairness of wages. In nationally representative survey experiments across more than 70,000 individual vignettes posed to 4,500 respondents in three Central Asian countries, respondents were 13 percent more likely to say wages were "too high" when the randomly assigned person described in the vignette (subject) was a woman, and 34 percent more likely to say they were "too low" when the subject was a man. The pattern of bias favoring higher wages for men is statistically significant at conventional levels in all three countries, among both male and female respondents, and in each of the eight occupations studied. The results also demonstrate the presence of significant bias in favor or older workers, specifically for white-collar occupations, and the absence of this relationship for the blue-collar occupations included in the experiment. The findings reinforce the importance of bias as a contributing factor to the gender pay gap, and the value of equal pay regulations to prevent gender discrimination in wage setting
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  • 31
    Language: English
    Pages: 1 Online-Ressource (33 pages)
    Parallel Title: Erscheint auch als Rodriguez, Laura Fiscal Policy and Equity: Vietnam 2018 Fiscal Incidence Analysis
    Keywords: Equity and Development ; Fiscal Incidende ; Inequality ; Poverty ; Poverty Reduction ; Social Protections and Assistance ; Social Protections and Labor ; Social Spending ; Taxation ; Transfers
    Abstract: This paper examines the distributive and poverty reducing effects of Vietnam's fiscal system in 2018. The paper looks at the incidence across the distribution and the effect of (direct and indirect) taxes, subsidies, and social spending (in cash and in-kind) on inequality and poverty in Vietnam using the Commitment to Equity methodology. The overall pattern of taxes and transfers in Vietnam is moderately progressive, but most households pay more in taxes and co-payments than what they receive in cash benefits, and the fiscal system results in a small increase in poverty. The progressivity of the fiscal system and its inequality-reduction impact mostly comes from in-kind health and education spending. This reduction in inequality is about average for lower-middle-income countries, but Vietnam could do more to increase the progressivity of its fiscal system
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  • 32
    Language: English
    Pages: 1 Online-Ressource (56 pages)
    Parallel Title: Erscheint auch als Brunckhorst, Ben Tracing Pandemic Impacts in the Absence of Regular Survey Data: What have we Learned from the World Bank's High-Frequency Phone Surveys?
    Keywords: Covid-19 Impacts ; Gender ; Gender and Public Expenditures ; Health, Nutrition and Population ; High-Frequency Phone Survey ; Household Questionnaire Design ; Household Welfare ; Inequality ; Labor Markets ; Macroeconomics and Economic Growth ; Social Protections and Labor ; Survey Method
    Abstract: The World Bank's High-Frequency Phone Surveys were deployed to support the monitoring of household welfare during the COVID-19 pandemic, when most of the regular household survey data collection was suspended. This paper reviews the analytical insights gained from the High-Frequency Phone Survey data, including uneven dynamics of household welfare during the pandemic across and within countries, as well as novel applications to simulate estimates of poverty and intergenerational mobility following the pandemic. The paper further derives lessons from the data collection experience. First, phone surveys, while inexpensive and quick, require reliable sampling frames. The predominant sampling strategies-previous household survey and random digit dialing-each have pros and cons in terms of representativeness, non-response, and post-survey adjustments. Second, on questionnaire design, country customization needs to be carefully balanced against standardization when cross-country comparisons are likely to be important. Finally, baseline metrics are critical for crisis monitoring; this requires more frequent welfare monitoring and better alignment of questions in phone surveys and existing data sources. While phone surveys can be a reliable toolkit for researchers and governments, more research is needed on key questions related to the survey mode effect, and the implications of different sampling frames and questionnaire design
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  • 33
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 40347
    Keywords: Agriculture ; Economic Growth ; Economic Value of Forests ; Environment ; Forest Biodiversity ; Forests and Climate Change ; Global Environmental Committment ; Public Sector Development ; Sustainable Development Goals ; Windfire Risk Management
    Abstract: Lebanon's forest landscapes are unique in the Mediterranean region and, over the centuries, have provided multiple socioeconomic, cultural, and environmental benefits. However, societal changes have had a significant impact on these landscapes, putting them at risk of further degradation. Lifestyle changes and restrictions on access to forests and woodlands have contributed to the abandonment of traditional community use, management, and protection of forests. This neglect has left forests vulnerable to arson, vandalism, and natural disasters. This Lebanon Forest Note articulates opportunities for supporting the protection and sustainable management of Lebanon's forest landscapes. It considers the increasing pressure on natural resources due to anthropogenic activities/stresses, as well as their increased vulnerability to climate change and natural disasters, especially forest fires. The note presents a forward-looking business case for Lebanon to protects its forest ecosystem services, while increasing the socioeconomic benefits for Lebanon's sustainable development goals and global environmental commitments
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  • 34
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (47 pages)
    Parallel Title: Erscheint auch als Cust, James Are the Poorest Catching Up?
    Keywords: Convergence ; Development Economics ; Economic Growth ; Extreme Poverty ; Income ; Inequality ; Macroeconomics and Economic Growth ; Poverty Data ; Poverty Monitoring and Analysis ; Poverty Reduction
    Abstract: Are global incomes converging or diverging Despite recent empirical evidence supporting the hypothesis of unconditional beta convergence, this paper argues that such findings overlook the stark reality facing the world's poorest people. Many lower income countries, including those among the so-called "Bottom Billion," continue to slip further behind the rest of the world, while the numbers of those living in extreme poverty are beginning to rise again after decades of decline. The paper explores how these contradictions can coexist and discusses the policy importance of looking beyond global average trends. The paper identifies three confusions that can arise when analyzing trends in income convergence. First, a focus on unconditional convergence can overlook important policy questions, such as whether countries are likely to eradicate extreme poverty or to catch up with the rest of the world. Tests for convergence may yield only partial answers, especially in light of recent findings that show that unconditional beta convergence can coexist with a significant group of countries slipping ever further behind the rest of the world. Meanwhile extreme poverty numbers are increasing rather than decreasing. Second, average trends can both obscure and be distorted by underlying differences in country composition. In the extreme case, while fast-growing China was below global mean incomes between 2000 and 2020, it significantly boosted empirical support for global convergence. Now that China has passed this threshold, the finding will likely reverse in the coming years as more data is available. Third, different levels of availability of time periods and country coverage can distort and even bias empirical findings, especially where limitations to data availability is correlated with lower income or diverging economies
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  • 35
    Language: English
    Pages: 1 Online-Ressource (39 pages)
    Parallel Title: Erscheint auch als Song, Ze Natural Disaster, Infrastructure, and Income Distribution: Empirical Evidence from Global Data
    Keywords: Counterfactual Estimation Technique ; Empirical Studies ; Environment ; Environmental Disasters and Degradation ; Income Inequality ; Inequality ; Infrastructure Development ; Infrastructure Economics ; Infrastructure Economics and Finance ; Natural Disasters ; Poverty Reduction
    Abstract: Natural disasters--such as flooding, hurricanes, and earthquakes--have, on average, affected 130 million people and caused more than 40,000 deaths annually worldwide over the past three decades. The average annual value of property damage is estimated at more than 90 billion dollars globally. Corresponding relief and reconstruction packages measuring in billions of dollars over the past three decades have brought large new investments and the formation of new capital assets. The literature has debated the distributional impacts of natural disasters across households by income group. Most studies focus on a specific country or region, and the findings do not converge. Some find that natural disasters reduce income inequality, while others report the opposite. This study adds new empirical evidence on the impacts of natural disasters on income inequality by pooling data from 130 countries for 1990-2017. The study employs the generalized synthetic control method, which involves identifying the causal effects by comparing the actual post-disaster Gini index for treated countries with a counterfactual. The data are from the EM-DAT database maintained by the Centre for Research on the Epidemiology of Disasters and covers 70 percent of natural disasters globally. The key finding of the study is that catastrophic natural disasters have negative relationships with inequality, as measured by the Gini index, in both the short and long run. The study also discusses potential mechanisms, such as physical infrastructure, disruptive creation, institutions, political revolution, and financial aid, to further explain findings from the empirical analysis
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  • 36
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (34 pages)
    Parallel Title: Erscheint auch als Rude, Britta Quantifying Vulnerability to Poverty in El Salvador
    Keywords: Adaptive Safety Nets ; Development Patterns and Poverty ; Household-Level Shocks ; Inequality ; Poverty Reduction ; Risk Mitigation Strategy ; Social Development ; Social Protections and Labor ; Social Risk Management ; Vulnerability To Poverty ; Vulnerable Populations
    Abstract: El Salvador is marked by high vulnerability to risks and hazards, such as crime, natural disasters, and migration. Therefore, it is crucial to understand the vulnerability patterns of its population. This paper applies an innovative approach to estimate the population's vulnerability to poverty and analyze its underlying drivers. The findings show that ex-ante vulnerability to poverty decreased over 2016 to 2019, a parallel trend to the poverty reduction observed in the country during this period. This finding comes hand in hand with an increase in the importance of risk factors relative to a low accumulation of assets driving vulnerability. Additionally, household-level shocks play a more significant role than community-level shocks. To address vulnerabilities in the country, the government should invest in adaptive safety nets and risk mitigation strategies
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  • 37
    Language: English
    Pages: 1 Online-Ressource (54 pages)
    Parallel Title: Erscheint auch als Alam, Muneeza Mehmood The ABCs of the Role of Public Transport in Women's Economic Empowerment
    Keywords: Access To Employment ; Female Employment ; Gender ; Gender and Economic Policy ; Gender Barriers ; Inequality ; Public Transit ; Transport and Women's Labor Market Outcome ; Transport Mobility
    Abstract: There is increasing recognition that deficiencies in the public transport system impact men and women differently. While transport systems have been shown to play a significant role in women's participation in the labor force globally, this topic has been little explored in the Middle East and North Africa. This paper examines the effect of the spatial accessibility, availability, and safety of public transportation on women's labor market outcomes in three capital cities in the Middle East and North Africa-Amman in Jordan, Beirut in Lebanon, and Cairo in the Arab Republic of Egypt. The analysis uses three types of data collected for each city in 2022, namely, household mobility surveys, transit network data, and built environment audits. The paper investigates how the spatial accessibility of jobs in each city, the availability of public transportation close to residential locations, and the safety of public transit stops affect the labor force participation of women and their likelihood of employment. The main findings are that: (a) accessibility, availability, and safety appear to impact women's labor force participation differentially in each city, and these impacts also vary by income level; and (b) although accessibility, availability, and safety appear to impact women's labor force participation, they have overall little impact on women's employment probability. The paper takes these two findings to imply that: (a) a one-size-fits-all-women solution is not appropriate when designing public transport systems; and (b) although public transport plays a critical role in improving women's access to employment opportunities, complementary actions are needed to translate these gains into gainful employment
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  • 38
    Language: English
    Pages: 1 Online-Ressource (83 pages)
    Parallel Title: Erscheint auch als Dang, Hai-Anh H Does Hotter Temperature Increase Poverty and Inequality? Global Evidence from Subnational Data Analysis
    Keywords: Climate Change Inequity ; Inequality ; Poverty and Environment ; Poverty Reduction ; Subnational Data ; Temperature
    Abstract: Despite a vast literature documenting the harmful effects of climate change on various socio-economic outcomes, little evidence exists on the global impacts of hotter temperature on poverty and inequality. Analysis of a new global panel dataset of subnational poverty in 134 countries finds that a one-degree Celsius increase in temperature leads to a 9.1 percent increase in poverty, using the USD 1.90 daily poverty threshold. A similar increase in temperature causes a 1.4 percent increase in the Gini inequality index. The paper also finds negative effects of colder temperature on poverty and inequality. Yet, while poorer countries-particularly those in South Asia and Sub-Saharan Africa-are more affected by climate change, household adaptation could have mitigated some adverse effects in the long run. The findings provide relevant and timely inputs for the global fight against climate change as well as the current policy debate on the responsibilities of richer countries versus poorer countries
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  • 39
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2181
    Keywords: Economic Management ; Economic Policy, Institutions and Governance ; Governance ; Macroeconomic Management ; Macroeconomics and Economic Growth ; National Governance ; Public Sector Development ; Score Analysis ; Sector Management and Institutions ; Social Inclusion and Equity ; Structural Policies ; Trends
    Abstract: The Country Policy and Institutional Assessment (CPIA) for Africa is an annual diagnostic tool for Sub-Saharan African countries that are eligible for financing from the International Development Association (IDA), the part of the World Bank that helps the world's poorest countries. The CPIA Africa 2023 report provides an assessment of the quality of policies and institutions in all 39 IDA-eligible countries in Sub-Saharan Africa for calendar year 2022. The average overall CPIA score for Sub-Saharan Africa remained unchanged at 3.1 in 2022. Economic and social resilience continues to be tested in all countries in Sub-Saharan Africa amid tight global credit markets, as institutional capacity for restoring stability and delivering sustained growth remains a challenge. Such resilience is also fundamental to responding to global climate change and the expected market shifts as the world economy transitions to green energy. The recovery of economic activity in the region following the slowdown caused by COVID-19 has been multispeed, with wide variation across countries. Global events that diverted attention away from longer-term development priorities marked 2022. Inflation was the predominant form in which international pressures translated to domestic economies in Sub-Saharan Africa, resulting in stress on social policies and government budgets, on account of divergent responses by governments and private sector competition. In some countries, this has led to significant stress on debt sustainability, highlighting the importance of debt management, budgetary oversight, and financial soundness. An opportunity for regrouping on policy reforms arose in the second half of 2022, as gas prices declined after a mild European winter and China lifted health-related restrictions. Despite global economic challenges, more countries in Sub-Saharan Africa saw improvements in their overall CPIA scores compared to the previous year. In Western and Central Africa (AFW), the overall score increased for eight countries-Benin, Cabo Verde, Cote d'Ivoire, The Gambia, Guinea, Guinea-Bissau, the Republic of Congo, and Togo. The overall score increased for four countries in Eastern and Southern Africa (AFE)-Burundi, the Democratic Republic of Congo, Mozambique, and Zambia. In contrast, the overall score decreased for eight countries-Chad, the Comoros, Eritrea, Ethiopia, Ghana, Malawi, Sao Tome and Principe, and Sudan. The countries with improved scores made notable advancements in the economic management, policies for social inclusion, and governance clusters. Conversely, the countries with declining scores faced economic management and governance challenges. For the most part, the countries that received downgrades were positioned toward the lower end of the scale, while the upgraded countries generally had overall scores above 3, indicating a growing divergence in scores across the region in 2022
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  • 40
    Language: English
    Pages: 1 Online-Ressource (51 pages)
    Parallel Title: Erscheint auch als Baez, Javier E A Spatial Perspective on Booms and Busts: Evidence from Turkiye
    Keywords: Business Cycles and Growth ; Business Cycles and Stabilization Policies ; Data on National Income ; Economic Development Analysis ; Economic Geography ; Economic Growth Cycles ; Inequality ; International Economics and Trade ; Macroeconomic Analyses ; Macroeconomics and Economic Growth ; Measurement of National Income ; Poverty Reduction ; Regional Economic Activity ; Spatial Inequality
    Abstract: This paper combines official subnational and remote-sensed data to uncover the relationships between business cycles in Turkiye and the corresponding changes in economic activity at lower levels of spatial aggregation. The objective is to document changes in the nature of growth within and across business cycles, with a focus on understanding how sectoral changes interact with within-country remoteness during each phase. The paper shows that: (i) the significant growth between 2010 and 2017 was bookended by recessions in which gross domestic product per capita fell more sharply the closer a province was to one of the two largest cities; (ii) the two recessions differed in terms of their sectoral impacts, with manufacturing declines inversely related to remoteness during the first recession and positively related during the second; (iii) there were large increases in the construction sector's gross value added during the post-2009 rebound-consistent with unprecedented increases in nighttime light luminosity-with growth positively related to remoteness; and (iv) changes in nighttime light luminosity are correlated with changes in physical activity: a 10 percent increase in nighttime lights is associated with a 3.5 percent increase in construction output and a 1.5 percent increase in manufacturing output. Together, the results suggest that recessions and recoveries that may appear to be similar at a macroeconomic scale may be driven by very different changes at more disaggregated spatial scales and have varied impacts on regional convergence
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  • 41
    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 ; Climate Change Policy and Regulation ; Decntralization ; Economic Growth ; Finance and Financial Sector Development ; Macroeconomics and Economic Growth ; Public and Municipal Finance ; Public Investment ; Public Sector Development
    Abstract: The latest Taking Stock report shows that Vietnam's economic growth slowed from 8% in 2022 to 3.7% in the first half of 2023. It forecasts a moderate growth of 4.7% in 2023, gradually accelerating to 5.5% in 2024 and 6.0% in 2025. However, the economy faces external and domestic headwinds. Vietnam has ample fiscal space and a proactive fiscal policy supporting short-term demand, removing barriers to the implementation of public investment, and addressing infrastructure constraints can help the economy achieve these targets and promote long-term growth. The report's special chapter studies Vietnam's public investment management and how it can contribute to the goal of becoming a high income economy. To harness the power of public investment, the report recommends that Vietnam sustain its level of investment, improve the quality of the proposed project, and address deficiencies in public investment management and inter-governmental fiscal institutions
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  • 42
    Language: English
    Pages: 1 Online-Ressource (156 pages)
    Parallel Title: Erscheint auch als Hoy, Christopher Building Public Support for Reducing Fossil Fuel Subsidies: Evidence across 12 Middle-Income Countries
    Keywords: Climate Change ; Climate Change Policy and Regulation ; Energy ; Energy Policies and Economics ; Energy Policy ; Fossil Fuel ; Fuels ; Macroeconomics and Economic Growth ; Political Economy ; Public Finance ; Public Sector Development ; Randomized Experiment ; Regressive Subsidy ; Subsidy ; Taxation and Subsidies
    Abstract: This study examines which factors influence support for reducing fossil fuel subsidies and what types of information shift people's views through surveying 37,000 respondents across 12 middle-income countries that provided over USD750 billion in explicit and implicit subsidies for fossil fuels in 2022. Respondents were randomly allocated to receive information about the relative cost of fossil fuel subsidies, how they are regressive, or worsen climate change and air pollution. They were then asked about their support for reforms with and without accompanying policies. These treatments, particularly about environmental damage, increased support for reforms in countries that primarily subsidize gasoline and among respondents who perceive themselves to be middle class. Around 30 percent of respondents supported reducing fossil fuel subsidies in isolation, but this share increased to over 95 percent if accompanying policies were implemented. These findings help inform governments about how to build public support for phasing out fossil fuel subsidies
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  • 43
    Language: English
    Pages: 1 Online-Ressource (20 pages)
    Parallel Title: Erscheint auch als Orecchia, Carlo Assessing the Efficiency and Fairness of the Fit for 55 Package toward Net Zero Emissions under Different Revenue Recycling Schemes for Italy
    Keywords: Achieving Environmental Sustainability Goals ; Carbon Policy and Trading ; Carbon Pricing Impact ; Climate Change Mitigation and Green House Gases ; Environment ; European Green Deal ; Greenhouse Gas Emission Reduction ; Inequality ; Macroeconomics and Economic Growth ; Poverty Reduction ; Revenue Recycling ; Tax System Reform ; Taxation and Subsidies
    Abstract: One of Italy's key objectives is to reform and modernize the tax system to increase tax efficiency and improve environmental sustainability and regional economic outcomes, in line with the European Union strategy. Within the framework of the European Green Deal, Italy is committed to contributing to the goal of becoming the first climate neutral region by 2050 (the "Fit for 55" package). As an intermediate step toward the 2050 target, the European Union must reduce greenhouse gas emissions by at least 55 percent by 2030 compared to 1990 levels. Carbon pricing is at the core of the proposal, but its full implementation is also expected to have regressive effects, harming poorer households, and adverse economic impacts, reducing firms' competitiveness. This paper evaluates the effects of the carbon pricing proposal of the "Fit for 55" package on welfare, sectoral production, and income distribution. To tackle the adverse social and economic effects, it compares different revenue recycling schemes shifting the tax burden from major direct and indirect taxes to carbon emissions. It finds that well-targeted revenue recycling policies might significantly reduce the negative effects. The analysis adopts the Italian Regional and Environmental Computable General Equilibrium of the Department of Finance model, which is a new (recursive) dynamic computable general equilibrium model developed by the Italian Ministry of the Economy with technical assistance from the World Bank. It has a detailed energy specification that allows for capital/labor/energy substitution in production, intra-fuel energy substitution across all demand agents, a multi-output and multi-input production structure, an extended energy system with 11 different types of technologies, multiple households to address distributional impacts, and detailed information on the Italian tax system
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  • 44
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (49 pages)
    Parallel Title: Erscheint auch als Ghose, Devaki Firms in Global Value Chains during Covid-19: Evidence from Indonesia
    Keywords: Global Value Chain ; Global Value Chains and Business Clustering ; Industrial and Market Data and Reporting ; Industry ; International Economics and Trade ; Non-Tariff Measures ; Port Congestion ; Port of Entry Restriction Impact ; Private Sector Development ; Public Sector Development ; Resilience ; Trade Policy ; Value Chain Participation
    Abstract: Using detailed monthly firm-level trade data from Indonesia from February 2019 to June 2021, this paper shows that firm-level exports were overall more resilient than imports during Covid-19. Firms that participated in global value chains were more resilient to the Covid-19 shock beyond the immediate short-run compared to firms that did not. However, among global value chain firms, those that faced certain types of non-tariff measures on their import products, notably port of entry restrictions, on average faced larger reductions in export quantities and number of transactions compared to firms that did not face such restrictions, consistent with the evidence of major port congestion during Covid-19. Therefore, although international connectedness could be a source of vulnerability to global shocks in the immediate short run, policies that enable firms to be more globally engaged through global value chains could enhance resilience. Relatedly, tackling measures such as port of entry restrictions can ensure fast and efficient port and customs procedures, especially during periods of high port congestion, as global value chain trade requires goods to cross borders many times
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  • 45
    Language: English
    Pages: 1 Online-Ressource (36 pages)
    Parallel Title: Erscheint auch als Dovonou, Vanessa Olakemi The Distributional Impact of Inflation in South Asia: An Empirical Approach
    Keywords: Distributional Effect ; Distributional Impact ; Food Inflation ; Food Inflation and Inequality ; Inequality ; Inflation ; Macroeconomics and Economic Growth ; Poverty Impact Evaluation ; Poverty Reduction
    Abstract: This paper provides an empirical estimation of the distributional impact of inflation on households in South Asia. Two main channels are explored-the consumption basket channel and the income channel-for households in different income deciles in selected countries in South Asia. Using recent household expenditure surveys, the paper constructs detailed consumption expenditure shares and the effective "cost-of-living" inflation for households of different income levels. The analysis finds that due to a substantially larger share of food expenditure, households in lower income deciles experience higher effective inflation when food prices are high, despite a diversification in consumption expenditure over time. The analysis also suggests heterogeneous effects of inflation through the household income channel
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  • 46
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Keywords: Adaptation To Climate Change ; Climate Change ; Climate Change Mitigation and Green House Gases ; Climate Change Policy and Regulation ; Environment ; Kyoto Protocol ; Public Sector Development
    Abstract: Carbon markets under the Paris Agreement are expected to differ substantially from those that emerged under the Kyoto Protocol. Unlike the top-down approach of markets created by the Kyoto Protocol, such as the Clean Development Mechanism (CDM), international carbon markets under Article 6 of the Paris Agreement are expected to have bottom-up linkages that could create an opportunity for new and innovative approaches. While the Kyoto Protocol only required Annex I (or developed) countries to meet specific climate targets, the Paris Agreement created a new paradigm for all countries, both developed and developing, to voluntarily adopt individual targets, articulated in their nationally determined contributions (NDCs). This means that a greater level of preparation is needed to ensure that traded assets are aligned with NDCs and accompanied by robust accounting. Ghana is one of early movers in the space. The Government has signed bilateral cooperation agreements with the Government of Switzerland and with the Swedish Energy Agency to develop projects under Article 6 and is preparing institutional arrangements and country processes for transacting Article 6 units
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  • 47
    Language: English
    Pages: 1 Online-Ressource (30 pages)
    Parallel Title: Erscheint auch als Rentschler, Jun Rapid Urban Growth in Flood Zones: Global Evidence since 1985
    Keywords: Adaptation ; Adaptation to Climate Change ; Climate Change ; Climate Change Exposure ; Climate Change Impacts ; Climate Change Policy and Regulation ; Climate Risk ; Climatic Hazard ; Communities and Human Settlements ; Environment ; Flood Risk ; Hazardous Flood Zones ; High-Risk Flood Zones ; Human Settlements ; Public Sector Development ; Risky Growth ; Social Aspects of Climate Change ; Urban Flood Zone ; Urban Housing and Land Settlements ; Urbanization
    Abstract: As countries rapidly urbanize, settlements are expanding into hazardous flood zones. This study provides a global analysis of spatial urbanization patterns and the evolution of flood exposure between 1985 and 2015. Using high-resolution annual data, it shows that settlements across the world grew by 85 percent to over 1.28 million square kilometers. In the same period, settlements exposed to the highest flood hazard level increased by 122 percent. In many regions, risky growth is outpacing safe growth, particularly in East Asia, where high-risk settlements have expanded 60 percent faster than safe ones. Developing countries are driving the recent growth of flood exposure: 36,500 square kilometers of settlements were built in the world's highest-risk zones since 1985-82 percent of which are in low- and middle-income countries. In comparison, recent growth in high-income countries has been relatively slow and safe. These results document a divergence in countries' exposure to flood hazards. Rather than adapting their exposure to climatic hazards, many countries are actively increasing their exposure
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  • 48
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Poverty Assessment
    Keywords: COVID-19 ; Fiscal Policy ; Housing ; Inequality ; Labor Market ; Living Standards ; Poverty and Policy ; Poverty Assessment ; Poverty Reduction
    Abstract: This poverty assessment evaluates Cambodia's poverty reduction progress between 2009 and 2019 and contributing factors. Based on the authors understanding of contributing factors, the assessment asks what the impact of the coronavirus disease 2019 (COVID-19) has been, and what will be needed to support inclusive recovery. The Royal Government of Cambodia (RGC) recently updated the national poverty lines for Cambodia. Prompted by Cambodia's transition to lower middle-income status in 2015, the RGC revisited the poverty measurement methodology in 2017; the review confirmed that the way Cambodians live and spend today has changed considerably as the country became richer, and that the national poverty lines needed revising to better reflect economic realities. This assessment uses the new poverty lines to evaluate Cambodia between 2009 and 2019, coupled with other data sources. This poverty assessment covers 5 chapters. Chapter 1 examines the progress Cambodia made in reducing poverty and boosting shared prosperity between 2009 and 2019. Chapter 2 examines the evolution of nonmonetary poverty between 2009 and 2019. Chapter 3 examines the profile of poverty and inequality in 2019/20. Chapter 4 examines the 2019 fiscal system and its effects on poverty and inequality in 2019/20. Chapter 5 examines COVID-19 socio-economic effects on Cambodian Households in 2020
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  • 49
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (45 pages)
    Parallel Title: Erscheint auch als Miguel, Faruk Climate Change Regulations: Bank Lending and Real Effects
    Keywords: Bank Lending ; Capital Requirements ; Climate Change ; Climate Change Economics ; Climate Change Mitigation and Green House Gases ; Climate Change Policy and Regulation ; Economic Adjustment and Lending ; Effects of Environmental Risk Exposure ; Environment ; Greenhouse Gas Emissions ; Industrial Lending ; Macroeconomics and Economic Growth ; Public Sector Development
    Abstract: This paper analyzes how capital requirements from environmental risk exposure affect bank lending to the corporate sector, and how these effects transmit to real economic activity and greenhouse gas emissions. It exploits the introduction of a policy in Brazil that required banks to incorporate environmental risks into their capital assessments. Using comprehensive credit data, the paper finds that the policy induces large banks to reallocate their lending away from exposed sectors. The credit contraction has no substantial impact on the real activity and greenhouse gas emissions of these sectors, as smaller banks expand their lending. However, the policy triggers a moderate labor reallocation from small firms (those with higher costs of switching lenders) to large firms in environmentally exposed sectors
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  • 50
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Economic and Sector Work Reports
    Keywords: Economic and Financial Reform ; IMF ; IMF-Supported Programs ; International Monetary Fund ; Private Sector Development ; Public Sector Development
    Abstract: The Central African Economic and Monetary Community (CEMAC) authorities had been trying to set in motion a process to address the root cause of the region's vulnerability - a largely undiversified economic basis overly dependent on oil. The CEMAC Commission had put in place a large-scale strategy of CEMAC economic and financial reform (PREF). This plan defines a set of reforms, organized around five pillars, to create the basis for more diversified, inclusive, private sector - led growth and enhanced governance of the public sector. Initial measures focused on engaging in closer financial relationships with the International Monetary Fund (IMF) and other development partners. As the first generation of IMF-supported programs are ending, and most CEMAC countries have benefited from the IMF's sizable emergency financing to cope with the social and economic fallout of the COVID-19 crisis, the next step is to identify key reforms that will underpin second-generation programs to boost progress on the PREF and focus on addressing growth bottlenecks. This note responds to this need. It highlights a set of priority reforms at the national and regional levels that can guide the second generation of IMF programs and support the objective of putting CEMAC on a more sustained and inclusive path
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  • 51
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Keywords: Business in Development ; Climate Change Policy and Regulation ; Fiscal and Monetary Policy ; Governance ; Macroeconomics and Economic Growth ; National Governance ; Private Sector Development ; Public Sector Development
    Abstract: Lesotho witnessed poverty reduction prior to the Coronavirus (COVID-19) pandemic and the subsequent shocks, but the pace was slow, and poverty remained widespread. The World Bank Group (WBG)'s partnership with Lesotho is fully aligned with the country's development vision articulated in the second National Strategic Development (NSDP II) and key findings of its 2021 Mid-Term Review. The overall objective of the proposed CPF FY2023-2027 is to support Lesotho in building a sustainable and resilient economy in a post-COVID environment by promoting a private sector driven, export-oriented economy for job creation supported by an enabling, efficient and effective public sector. The CPF consists of three high-level outcomes (HLOs) -increased employment in the private sector, improved human capital outcomes and improved climate resilience with seven objectives under the HLOs. There are two foundational themes (governance and government capacity, and macroeconomic and fiscal sustainability) and three approaches (gender, digitalization, and lagging-region approach) that cut across the CPF. The CPF is scheduled to be finalized with the new government by early 2023
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  • 52
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Keywords: Adaptation To Climate Change ; Climate Change ; Climate Change Economics ; Climate Change Impacts ; Climate Change Mitigation and Green House Gases ; Climate Change Policy and Regulation ; Environment ; Macroeconomics and Economic Growth ; Public Sector Development
    Abstract: In Jordan, natural resource scarcity and import dependence mean pronounced climate change impacts are inevitable and adapting to climate change is a pressing development priority. A new World Bank diagnostic tool, The Country Climate and Development Report explores the linkages between climate and development and identifies priority actions to build resilience and reduce carbon emissions, while supporting economic growth and reducing poverty. The report indicates that Jordan's trajectory in meeting its climate and development goals will be largely determined by policy and investment choices in five strategic sectors - water, energy, agriculture, transport and urban development. The transformation of those sectors towards a resilient and low carbon path would need to be closely coordinated along two nexuses to maximize co-benefits and to reduce potentially negative socio-economic impacts: the water-energy-food security nexus, in a context of extreme water scarcity and pressing adaptation needs, and the urban-transport-energy nexus, which is at the core of the shift towards a low-carbon growth path. Jordan will need to use a combination of avenues to leverage financing for priority climate action. Selected policy reforms to improve the management of public investment in key sectors, attract and leverage private sector financing, incentivize end-users and change behaviors, and ensure greater engagement of the financial sector will all be essential for the achievement of Jordan's climate priorities. Equally important will be the identification of additional financing for priority investments, without which the country's climate commitments may remain out of reach
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  • 53
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Keywords: Adaptation To Climate Change ; Carbon Taxes ; Climate Change ; Climate Change Economics ; Climate Change Impacts ; Climate Change Mitigation and Green House Gases ; Climate Change Policy and Regulation ; Environment ; Macroeconomics and Economic Growth ; Public Sector Development ; Resilience
    Abstract: Integrating climate and development is a pillar of the World Bank Group's (WBG) Climate Change Action Plan 2021-25. To advance its implementation, the WBG has launched the Country Climate and Development Report (CCDR). This new, core diagnostic tool analyzes how a country's development goals can be achieved in the context of adapting to, and mitigating against, climate change. As such, the Pakistan CCDR provides analysis and policy recommendations on how to harmonize the country's efforts to achieve further economic growth and lower poverty rates, on the one hand, with the pursuit of a climate-resilient, low-carbon, and equitable development path, on the other. In light of the devastating 2022 heatwaves and floods and the country's vulnerability profile, the CCDR puts a strong emphasis on the need for building long-term resilience. Further, it explores pathways for Pakistan to achieve deep decarbonization by 2050, and eventually reach net-zero emissions by 2070 without undermining its development ambitions. It also provides assessment on technical, financial and institutional and governance frameworks needed for these climate transitions. Most importantly, it attempts to capture the centrality of people in climate policies by assessing how climate risks affect lives and livelihoods, and ways in which governments can build resilience and address poverty, distributional and job impact of climate change and climate actions. Lastly, it sheds lights on ways for Pakistan to galvanize cooperation between public and private sectors and support from international communities
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  • 54
    Language: English
    Pages: 1 Online-Ressource (35 pages)
    Parallel Title: Erscheint auch als Demirguc-Kunt, Asli Global Bank Lending under Climate Policy
    Keywords: Carbon Emmision Reduction Policy ; Climate Change ; Climate Change Economics ; Climate Change Mitigation and Green House Gases ; Climate Change Policy and Regulation ; Climate Policy Index ; Environment ; Environmental Performance ; Foreign Subsidiary Banks ; Global Banks Environmental Performance ; Green Capital Investment ; Macroeconomics and Economic Growth ; Public Sector Development
    Abstract: What is the response of bank foreign subsidiaries to climate policy in their host countries This paper finds that global banks with high environmental performance increase their presence in countries after local authorities strengthen their climate-related actions. Through their foreign subsidiaries, these banks expand their credit by 4.6 percent following an increase of one-standard deviation in the host country's climate policy index. Importantly, the paper does not find evidence that banks with low environmental scores exit in response to climate initiatives. The findings show that strengthening climate policy might be a win-win strategy for policymakers in addition to addressing carbon emission reduction, climate-related initiatives also appear to attract foreign capital from lenders with strong preferences for green assets
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  • 55
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Keywords: Adaptation ; Adaptation To Climate Change ; Climate Change ; Climate Change and Environment ; Climate Change Economics ; Climate Change Mitigation and Green House Gases ; Climate Change Policy and Regulation ; Environment ; Macroeconomics and Economic Growth ; Public Sector Development
    Abstract: Climate change poses major risks for development in the Philippines. Climate shocks, whether in the form of extreme weather events or slow-onset trends, will hamper economic activities, damage infrastructure, and induce deep social disruptions. Adaptation to the risks of climate change, including both extreme events and slow-onset problems, is thus critical for the Philippines. Policy inaction would impose substantial economic and human costs, especially for the poor. Adaptation cannot eliminate the costs of climate change, but it can substantially reduce them. Many adaptation responses also contribute to mitigation; conversely, many mitigation measures generate local co-benefits, such as reduced air pollution. Although the Philippines is a relatively low emitter of greenhouse gas (GHG), it can contribute to global mitigation efforts through an energy transition, including a shift away from coal. The investment costs of such adaptation measures and an energy transition are substantial but not out of reach. The Philippines Country Climate and Development Report (CCDR) comprehensively analyzes how climate change will affect the country's ability to meet its development goals and pursue green, resilient, and inclusive development. The CCDR helps identify opportunities for climate action by both the public and private sectors and prioritizes the most urgent development challenges impacted by climate change in the Philippines
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  • 56
    Language: English
    Pages: 1 Online-Ressource (27 pages)
    Parallel Title: Erscheint auch als Gustavo, Canavire Bacarreza Understanding the Distributional Impacts of Increases in Fuel Prices on Poverty and Inequality in Paraguay
    Keywords: Commodities ; Crude Oil Import Dependence ; Economic Insecurity ; Energy ; Energy and Poverty Alleviation ; Energy Dependence ; Fuel Prices ; Fuels ; Inequality ; Macroeconomics and Economic Growth ; Oil and Gas ; Oil Price Volatility ; Poverty
    Abstract: The recent global increases in fuel prices threaten the gains in poverty reduction that countries like Paraguay have achieved over the past few decades. Therefore, policy makers must understand the potential distributional impacts of increases in fuel prices to evaluate the implementation of alternative measures that could mitigate these impacts. This paper analyzes the potential effects of fuel prices on poverty and inequality in Paraguay. Using microsimulation methods and based on the Commitment to Equity framework, it estimates the impact of higher fuel prices on welfare, poverty, and inequality based on three scenarios: (a) increases in gasoline prices, (b) increases in diesel prices, and (c) simultaneous increases in gasoline and diesel prices. The results obtained suggest that the total impact of increasing fuel prices tends to be more regressive in Paraguay. At the same time, the results of the simulations indicate small effects on income inequality
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  • 57
    Language: English
    Pages: 1 Online-Ressource (28 pages)
    Parallel Title: Erscheint auch als Grainger, Corbett Combining Remote Sensing and Cell Phone Users' Mobility Data to Monitor the Impact of Transportation on NO2 Concentrations in India
    Keywords: Air Pollution From Ground Transport ; Air Quality and Clean Air ; Ambient Nitrogen Dioxide ; Automobile Pollution ; Climate Change Mitigation and Green House Gases ; Climate Change Policy and Regulation ; Environment ; Gasoline Powered Vehicle Pollution ; ICT Data and Statistics ; Information and Communication Technologies ; Mobility Data ; Mobility-Generated Pollution ; Pollution Management and Control ; Public Sector Development
    Abstract: Estimating the extent to which transportation contributes to air pollution levels has been hampered by the difficulty in separating the relative degree of ambient nitrogen dioxide generated by transportation, power generation, and industrial activity'all of which play roles. This paper addresses this gap by isolating the impact of ground-level mobility on air pollution in India through a combination of remotely sensed tropospheric nitrogen dioxide measures and data from mobile phone users' locations. The paper constructs vectors of ground-level movement of cell phones to estimate the impact of daily changes in mobility within a given district, controlling for both daily thermal electricity generation from upwind power plants and trends in ambient pollution concentrations over time and space. The findings show that tropospheric nitrogen dioxide concentrations are very responsive to changes in mobility, and that the effect varies with population density. The findings show that a 1 percent increase in mobility increases nitrogen dioxide concentrations by more than 2 percent, suggesting that traffic congestion plays a significant role in air pollution
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  • 58
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Keywords: Fiscal and Monetary Policy ; Macroeconomics and Economic Growth ; Public Sector Development ; Public Spending ; Recommendations
    Abstract: The Nigeria Public Finance Review is part of a programmatic effort of fiscal analytics that the World Bank is conducting with the Nigerian government. Ongoing analyses is shared as presentations and technical notes in a continuous dialogue. The emphasis is on establishing a baseline understanding of key fiscal management challenges, and on highlighting reform options to support the government's agenda to strengthen revenue and expenditure policies and programs to tackle Nigeria's key development challenges
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  • 59
    Language: English
    Pages: 1 Online-Ressource (49 pages)
    Parallel Title: Erscheint auch als Bracco, Jessica The Impact of COVID-19 on Education in Latin America: Long-Run Implications for Poverty and Inequality
    Keywords: COVID-19 Pandemic ; Education ; Education Impact of Covid ; Human Capital Formation ; Human Capital Impact of Covid ; Income ; Inequality ; Living Standards ; Pandemic Education Impact ; Poverty ; Poverty Reduction ; Primary Education ; School Closure Impact ; Social Capital ; Social Development ; Youth
    Abstract: The shock of the COVID-19 pandemic affected the human capital formation of children and youths. As a consequence of this disruption, the pandemic is likely to imply permanent lower levels of human capital. This paper provides new evidence on the impact of COVID-19 and school closures on education in Latin America by exploiting harmonized microdata from a large set of national household surveys carried out in 2020, during the pandemic. In addition, the paper uses microsimulations to assess the potential effect of changes in human capital due to the COVID-19 crisis on future income distributions. The findings show that the pandemic is likely to have significant long-run consequences in terms of incomes and poverty if strong compensatory measures are not taken soon
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  • 60
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Coronavirus ; COVID-19 ; Disease Control and Prevention ; Health, Nutrition and Population ; Poverty Reduction ; Public Sector Development ; Services and Transfers To Poor ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: With the advent of Coronavirus disease 2019 (COVID-19), Brazil has come out with one of the fastest and most generous social protection responses globally. Auxilio Emergencial (AE's) operation is in contrast to that of regular social protection programs due to its highly centralized setup with limited formal involvement of subnational governments. Therefore, this analysis aims at understanding some core reasons why this happened and what were the main implications of this centralized operation to the program. The text also describes measures that were enacted to mitigate challenges due to the exclusion of subnational governments from the operation of AE and discusses the extent to which these can integrate traditional decentralization mechanisms of regular programs in the future and further improve the sectoral case management capacity at large. This paper is structured in seven chapters. Chapter one is introduction, chapter two presents a conceptual framework describing main forms of decentralization and discussing their adequacy to different contexts and traditional functions of the social protection sector. Chapter three presents an overview of AE highlighting its centralized setup and already discussing some main reasons why traditional decentralization mechanisms, such as the unified social assistance system (SUAS), were not formal members of the program. Chapter four discusses legacies of SUAS historical support to social protection in Brazil and how these have contributed to AE even if the system was not formally involved in the program. Chapter five describes some main challenges faced by AE and that can arguably have been mitigated had SUAS and or other subnational governments been part of its formal operation. Chapter six considers how SUAS and decentralized forms of social protection were nevertheless relevant as complementary measures to that provided by AE. Finally, chapter seven concludes by summarizing some core lessons learned for engaging decentralized mechanisms in emergency responses in the future
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  • 61
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Mobility and Transport Connectivity
    Keywords: Infrastructure Economics and Finance ; Infrastructure Finance ; Infrastructure Investment ; Private Participation in Infrastructure ; Public Sector Development ; Public-Private Partnerships ; Roads ; Roads and Highways ; Transport
    Abstract: The purpose of this study is to evaluate non-traditional means to raise additional private financing for the upgrade and maintenance of developing countries' road networks. To achieve this goal, it combines an in-depth review of Sub-Saharan Africa (SSA) countries' road funds' (RF) performance and road public private partnerships (PPPs) to evaluate the potential for RFs to fund road PPPs when specific conditions are met. This report presents to explore how, in few selected cases, SSA RFs can be reformed to substantially increase the amount of public and private monies flowing towards the maintenance and or upgrade of the core road networks of SSA countries
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  • 62
    Language: English
    Pages: 1 Online-Ressource (70 pages)
    Parallel Title: Erscheint auch als Chen, Daniel Li Do Judges Favor their Own Ethnicity and Gender? Evidence from Kenya
    Keywords: Access To Justice ; Development Impact Evaluation ; Gender ; Gender and Development ; Gender Inequalities ; Human Rights ; Inequality ; Labor Force Participation ; Labor Markets ; Law and Development ; Linear Regression Model ; Reduction Of Corruption ; Sexual Discrimination
    Abstract: Evidence from high-income countries suggests that judges often exhibit in-group bias, favoring litigants that share an identity with the judge. However, there is little evidence on this phenomenon from the Global South. Collecting the available universe of High Court decisions in Kenya, this paper leverages the random assignment of cases to judges to evaluate the existence of in-group bias along gender and ethnic lines. It finds that, relative to a baseline win rate of 43 percent, defendants are 4 percentage points more likely to win if they share the judge's gender and 5 percentage points more likely to win if they share the judge's ethnicity. The paper finds that the written judgements are on average shorter and less likely to be cited when defendants who are of the same gender or ethnicity as the judge win their case. This is consistent with in-group biased decisions being of lower quality. In addition, the findings show that female defendants are less likely to win the case if the judge exhibits stereotypical or negative attitudes towards women in their writings
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  • 63
    Language: English
    Pages: 1 Online-Ressource (55 pages)
    Parallel Title: Erscheint auch als Chepeliev, Maksym Pandemic, Climate Mitigation, and Reshoring: Impacts of a Changing Global Economy on Trade, Incomes, and Poverty
    Keywords: Barrier To Import ; Carbon Emission Reduction ; Climate Change Mitigation and Green House Gases ; Environment ; Extreme Weather Event ; Inequality ; International Economics and Trade ; International Trade and Trade Rules ; Poverty Reduction ; Real Income ; Regional and Global Value Chains
    Abstract: The resilience of global value chains has been put to the test by the COVID-19 pandemic, extreme weather events, and trade tensions spurred by growing economic nationalism and protectionism. Shocks in production and trade can be transmitted from one country to another by global value chains, although they can also help to lessen the blow of a domestic shock, such as a lockdown, and drive economic recovery. What shocks to global value chains should be anticipated in the coming years Is it possible to design policies that can enhance resilience to trade shocks in developing countries without endangering growth This paper explores simulations from the ENVISAGE global computable general equilibrium model to enhance understanding of the potential longer-term impacts of COVID-19 and the policy responses it engenders in developing countries. The paper assesses the likely impacts of measures designed to reshore production and reduce reliance on imports. It also evaluates other key factors shaping the global economy, including stylized scenarios to capture the essential elements of policies to achieve carbon emission reductions that will have an impact on trade
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  • 64
    Language: English
    Pages: 1 Online-Ressource (61 pages)
    Parallel Title: Erscheint auch als Brockmeyer, Anne Electronic Payment Technology and Tax Compliance: Evidence from Uruguay's Financial Inclusion Reform
    Keywords: Consumer Transaction ; Debit Transaction ; Global Payment ; International Trade and Trade Rules ; Labor Markets ; Law and Development ; Payment Method ; Public Sector Development ; Social Protections and Labor ; Tax Authority ; Tax Compliance ; Tax Law ; Tax Withholding ; Tax-Inclusive Price
    Abstract: Does the digitization of transactions in an economy increase tax compliance This paper studies the effect of financial incentives on the adoption of electronic payment technology and on tax compliance by firms. Exploiting administrative data and policy variation from Uruguay, the paper shows that i) consumer value-added tax rebates for credit and debit card transactions trigger an immediate 50 percent increase in the number of card transactions, ii) firms' use of card machines increases only on the intensive margin, and iii) tax compliance is unaffected. Endogenous card machine adoption and a low share of card sales in total reported sales can rationalize the findings
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  • 65
    Language: English
    Pages: 1 Online-Ressource (77 pages)
    Parallel Title: Erscheint auch als Jolliffe, Dean Mitchell Assessing the Impact of the 2017 PPPs on the International Poverty Line and Global Poverty
    Keywords: Geographic Distribution Of Poverty ; Global Poverty ; Inequality ; Inflation ; International Trade and Trade Rules ; National Poverty Rate ; Poverty and Equity ; Poverty Impact Evaluation ; Poverty Lines ; Poverty Monitoring and Analysis ; Poverty Reduction ; Public-Private Partnership
    Abstract: Purchasing power parities (PPPs) are used to estimate the international poverty line (IPL) in a common currency and account for relative price differences across countries when measuring global poverty. This paper assesses the impact of the 2017 PPPs on the nominal value of the IPL and global poverty. The analysis indicates that updating the USD 1.90 IPL in 2011 PPP dollars to 2017 PPP dollars results in an IPL of approximately USD 2.15-a finding that is robust to various methods and assumptions. Based on an IPL of USD 2.15, the global extreme poverty rate in 2017 falls from 9.3 to 9.1 percent, reducing the count of people who are poor by 16 million. This is a modest change compared with previous updates of PPP data. The paper also assesses the methodological stability between the 2011 and 2017 PPPs, scrutinizes large changes at the country level, and analyzes higher poverty lines with the 2017 PPPs
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  • 66
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Independent Evaluation Group Studies
    Keywords: Health Care Services Industry ; Health Service Management and Delivery ; Industry ; Inequality ; Poverty Reduction
    Abstract: IEG's meta-evaluation serves as an input for the upcoming independent external review of its evaluations. The report focuses on aspects of credibility related to the rationale, focus, use of innovative methods, and various research design attributes as formulated in evaluation reports and their respective approach papers. Drawing on a set of 28 evaluations published from fiscal year 2015 to 2019, the meta-evaluation offers six major conclusions and suggestions based on a systematic review of evaluation scope, reliability, validity (including construct, internal, external, and data analysis validity), consistency, and the integration of innovative methods
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  • 67
    Language: English
    Pages: 1 Online-Ressource (44 pages)
    Parallel Title: Erscheint auch als Kovac, Dejan Forced Displacement, Exposure to Conflict and Long-Run Education and Income Inequality: Evidence from Croatia and Bosnia and Herzegovina
    Keywords: Access and Equity in Basic Education ; Conflict ; Education ; Education Inequality ; Educational Outcome Of Displaced Persons ; Equity and Development ; Forced Displacement ; Income ; Income Inequality ; Inequality ; Internally Displaced Persons (IDP) ; Macroeconomics and Economic Growth ; Poverty Reduction ; Refugee Inclusion ; Refugees ; Social Integration
    Abstract: This paper investigates the long-term relationship between conflict-related migration and individual socioeconomic inequality. Looking at the post-conflict environments of Bosnia and Herzegovina (BiH) and Croatia, the two former Yugoslav states most heavily impacted by the conflicts of the early 1990s, the paper focuses on differences in educational performance and income between four groups: migrants, internally displaced persons, refugees, and those who did not move two decades after the conflicts. For BiH, the analysis leverages a municipality-representative survey (n = 6, 021) that captured self-reported education and income outcomes as well as migration histories. For Croatia, outcomes are measured using an anonymized education registry that captured outcomes for over half a million individuals over time. This allows an assessment of convergence between different categories of migrants. In both countries, individuals with greater exposure to conflict had systematically worse educational performance. External migrants now living in BiH have better educational and economic outcomes than those who did not migrate, but these advantages are smaller for individuals who were forced to move. In Croatia, those who moved during the conflict have worse educational outcomes, but there is a steady convergence between refugees and non-migrants. This research suggests that policies intended to address migration-related discrepancies should be targeted on the basis of individual and family experiences caused by conflict
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  • 68
    Language: English
    Pages: 1 Online-Ressource (39 pages)
    Parallel Title: Erscheint auch als Saavedra, Trinidad Intimate Partner Violence against Women: Prevalence, Formal Reporting, and Risk Factors in Chile
    Keywords: Child Sexual Abuse ; Crime Under-Reporting ; Discrete Choice Modeling ; Economic Exclusion Of Women ; Equity and Development ; Gender ; Gender and Health ; Gender Inequality ; Gender-Based Violence ; Human Rights ; Inequality ; Law and Development ; Physical Abuse Of Girls ; Poverty Reduction ; Reporting Crimes Aginst Women ; Risk Factors Of Violence Against Women ; Risk Of Partner Violence
    Abstract: Intimate partner violence is among the most common forms of violence against women. In Chile, one in four women who have been in a partner relationship report having experienced some type of partner violence in the past 12 months, whether psychological, physical, sexual, or economic. However, only 22 percent of female victims of intimate partner violence file a formal complaint. This study analyzes the factors that determine the likelihood that a woman will be subject to violence perpetrated by her partner or ex-partner and the factors that determine the probability of reporting the abuse. Individual factors that increase women's risk of experiencing intimate partner violence include being young, having fewer years of education, having a disability, and having been a victim of sexual abuse in childhood. Other factors include characteristics of partners or ex-partners associated with aggressive behavior in public spaces, having been a victim of intrafamily violence in childhood, and frequent alcohol consumption. The household dynamics that prevent women from participating in economic decision-making and the widespread acceptance of inequitable gender norms also significantly increase the risk that a woman will experience intimate partner violence. The likelihood that a woman will formally report intimate partner violence is mainly determined by the frequency of the episodes, characteristics of the partners or ex-partners, economic empowerment, and whether she has support networks
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  • 69
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Transport Papers
    Keywords: Gender ; Inequality ; Labor Markets ; Poverty Reduction ; Social Protections and Labor
    Abstract: This report explores two aspects of the rail transport sector - mobility, and employment--in the countries of Serbia, and Bosnia and Herzegovina from a gender perspective. It examines issues of rail transport for women both as passengers, and as sector employees. It highlights the urgency of transport decarbonization for the Western Balkan countries (WB6) in the context of the European Union's Green Deal,2 which aims to achieve net zero greenhouse gas (GHG) emissions by 2050. This report shows that Covid-19 has decimated rail transport use at a time when global and WB6 regional efforts must dramatically increase their movement toward decarbonization. The study confirms that the pandemic has drawn people away from public transport including rail, and toward more carbon-intensive individual modes of transportation. It also makes a rarely made connection between getting more women into the transport sector and improved mobility for women. Rail services remain male-dominated across the world. The report finds clear parallels between women's employment and mobility. Finally, while this study focuses on women and rail transport, it has the benefit of making rail more attractive for other cohorts as well, including those who primarily use private vehicles (mainly men)
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  • 70
    Language: English
    Pages: 1 Online-Ressource (54 pages)
    Parallel Title: Erscheint auch als Strand, Jon Prospects for Markets for Internationally Transferred Mitigation Outcomes under the Paris Agreement
    Keywords: Adaptation To Climate Change ; Carbon Market ; Carbon Policy and Trading ; Climate Change ; Climate Change Economics ; Climate Change Mitigation and Green House Gases ; Climate Change Policy and Regulation ; Climate Finance ; Emmision Reduction ; Environment ; Forward Contracting ; Global Warming ; Internationally Transferred Mitigation Outcome (ITMO) ; Macroeconomics and Economic Growth ; Nationally Determined Contributions ; Options Contracts ; Paris Agreement ; Public Sector Development
    Abstract: The Paris Agreement provides for parties to use internationally transferred mitigation outcomes in implementing their Nationally Determined Contributions. This paper analyzes forward trading of these outcomes in the presence of two forms of uncertainty: (1) uncertainty about the fulfillment of Nationally Determined Contribution targets, and (2) uncertainty about the existence and functioning of the forward, options, and future spot markets markets for internationally transferred mitigation outcomes. When parties can sell and buy internationally transferred mitigation outcomes forward, access to call options for late purchases leads to correspondingly larger forward sales, or less current mitigation. Access to put options for late internationally transferred mitigation outcome sales does not affect forward trading outcomes but increases late sales for net sellers. Access to options markets is welfare enhancing for all parties, and call options help parties stay in compliance with their Nationally Determined Contributions at the Paris Agreement end point, 2030. The existence of internationally transferred mitigation outcome markets may be in peril, however, as banking beyond 2030 is not allowed. The availability and functioning of internationally transferred mitigation outcome markets can be enabled or improved by increased climate finance provided by donors. With no options markets, host countries will still sell internationally transferred mitigation outcomes forward, albeit less so, and rely on access to more expensive "backstop" mitigation for ex-post compliance with their Nationally Determined Contributions. Closed-form solutions are derived for trading and its welfare impacts in all the option contract alternatives, given that parties' uncertainties about fulfilling their commitments are uniformly distributed. The welfare impact of the availability of put and call option contracts is then strongly increasing in uncertainty, and in ex-post and forward outcome prices
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  • 71
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (19 pages)
    Parallel Title: Erscheint auch als Decerf, Benoit Normative Indicators Combining Poverty and Mortality: A Survey
    Keywords: Disease Control and Prevention ; Economic Indicators ; Health Economics and Finance ; Health Indicators ; Health, Nutrition and Population ; Inequality ; Life Expectancy Inequity ; Life-Expectancy ; Mortality Indicators ; Mortality Paradox ; Multidimensional Poverty ; Normative Well-Being Indicators ; Poverty Indicators ; Poverty Measurement ; Poverty Reduction ; Poverty-Adjusted ; Public Sector Development ; Selective Mortality ; Welfare Economics ; Well-Being Comparison
    Abstract: This paper surveys the small branch of welfare economics that studies indicators combining poverty and mortality. The paper distinguishes two reasons for constructing such indicators. The first reason is to perform multidimensional well-being comparisons. For this purpose, mortality has (negative) intrinsic value. The key question relates to the trade-off that the indicator makes between poverty and mortality, that is, between the quality and quantity of life. A lifecycle utility approach suggests expressing this trade-off as the number of years spent in poverty that is deemed equivalent to one year lost to mortality. The second reason is to investigate the instrumental role that selective mortality-the fact that the poor tend to die earlier-has on the evolution of poverty measures. Then, the key question is how to define the counterfactual situation against which the instrumental impact of mortality is assessed
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  • 72
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Adaptation To Climate Change ; Biodiversity ; Climate Change Economics ; Climate Change Impacts ; Climate Change Policy and Regulation ; Environment ; Finance and Financial Sector Development ; Insurance ; Insurance and Risk Mitigation ; Macroeconomics and Economic Growth ; Public Sector Development ; Risk Management
    Abstract: Biodiversity loss will be an increasingly important source of risk and opportunity for the insurance sector. The significant degradation of ecosystems has the potential to materially impact global finance, economies, and societies alike. Understanding the physical and transition risks associated with biodiversity loss and working to mitigate the damage to biodiversity will be a key aspect of meeting the targets set by the Paris Agreement. Insurance companies will be impacted by biodiversity risks in several ways: as underwriters, as investors, and as corporate citizens. Insurers will be impacted both by changes in climate and biodiversity and by transition risks affecting the risks they insure or the investments they make. Insurance can promote investment in biodiversity in three ways: (i) asset protection, (ii) liability reduction, and (iii) facilitation of capital inflow from the financial markets. Ideally, efforts to protect biodiversity will include a combination of instruments, not only insurance. Insurers, as investors, can contribute directly to the preservation of biodiversity by channeling capital towards biodiversity-positive investments, but the opportunities to do so are still limited. The G20 Sustainable Finance Roadmap (G20 SFWG, 2021) highlighted the need to integrate nature and biodiversity in future work on sustainable finance. The financial materiality of underestimating or inaccurately pricing biodiversity-related risks could pose a threat to the solvency of the insurance industry and lead to an increase in exclusions of uninsurable risks. Risk management can be enhanced by combining the results of both catastrophe and climate risk models, but more needs to be done to incorporate biodiversity risk. Combining ecological action with financial protection can make good economic and financial sense and help overcome the pricing issues associated with risks such as wildfire
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  • 73
    Language: English
    Pages: 1 Online-Ressource (50 pages)
    Parallel Title: Erscheint auch als Nguyen, Trang V The Distributional Impact of Serbia's Taxes and Social Spending
    Keywords: Adverse Impact Mitigation ; Distributional Impact ; Fiscal and Monetary Policy ; Fiscal Policy ; Inequality ; Macroeconomics and Economic Growth ; Poverty Reduction ; Social Spending ; Taxation and Subsidies ; Taxes ; Transfers
    Abstract: In the context of economic recovery and structural reforms to boost Serbia's living standards, understanding the impact of fiscal policy on inequality and poverty is key to inform policy choices. This paper's key research question is to analyze the redistributive effect of fiscal policy on income distribution and poverty in Serbia. It advances on the previous literature by comprehensively assessing the individual and combined effects of taxes and social spending on both inequality and poverty in Serbia, using the Commitment to Equity Assessment approach. The findings suggest that Serbia's fiscal system is redistributive, reducing the Gini coefficient of income once taxes, transfers, and in-kind benefits in education and health are taken into account. However, the inequality-reducing impact of the fiscal system in Serbia is somewhat smaller than what is observed in other countries in Central and Eastern Europe and Latin America, where similar analysis has been applied. Moreover, and like in some other countries in Europe and Central Asia, the fiscal system increases poverty. Direct social transfers in Serbia are pro-poor and inequality reducing, but their impacts are not large enough to fully offset those of taxation since spending on these programs is small. This analysis of fiscal incidence in Serbia provides a useful basis for assessing the impacts of potential changes in taxes or benefits, which can inform options to mitigate short-term adverse impacts and build support for reforms
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  • 74
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Systematic Country Diagnostics
    Keywords: Health Care Services Industry ; Industry ; Inequality ; Poverty Reduction ; Sustainable Development Goals
    Abstract: This Systematic Country Diagnostic (SCD) updates the analytical work of the 2017 SCD in the light of new evidence. In 2017, the World Bank Group (WBG) published the first SCD for the Lao PDR, which comprehensively assessed the binding constraints to economic growth, inclusion, and sustainability. This SCD uses recent evidence to describe developments since 2017, revisit the previous pathways and priorities for achieving the twin goals of ending extreme poverty and boosting shared prosperity, and update knowledge and data gaps. It identifies the most pressing development challenges supported by new data and analytical work and emerging opportunities.Recent evidence suggests that poverty has been reduced but income inequality is increasing. The economy continued to grow strongly between 2017 and 2019 at an average of 6.2 percent per year, albeit at a slower pace than in the preceding three years. Economic growth declined dramatically to 0.5 percent in 2020 owing to the COVID-19 pandemic. The national poverty rate fell from 24.6 percent in 2012 to 18.3 percent in 2018. The standard of living has also improved, with notable gains in access to basic services, education, and health outcomes. However, poverty remains high compared to regional peers and is concentrated among subsistence farmers and minority ethno-linguistic groups. Inequality continues to rise as rapid growth has been jobless. The Gini index increased from 36.0 to 38.8 between 2012 and 2018, and the shared prosperity premium was negative (consumption per capita among the bottom 40 percent grew by 1.9 percent per year compared to 3.3 percent for the total population)
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  • 75
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Adaptation To Climate Change ; Climate Change ; Climate Change Economics ; Climate Change Impacts ; Climate Change Policy and Regulation ; Environment ; Macroeconomics and Economic Growth ; Public Sector Development
    Abstract: The five countries of Burkina Faso, Chad, Mali, Mauritania, and Niger (the G5) in the Sahel region of Africa are among the least developed countries in the world. The now regular and growing climate shocks are causing large losses in outputs, reducing human capital accumulation, and leading to potentially devastating ecological and economic tipping points in the region. This World Bank country climate development report (CCDR) has examined the most critical actions and policy changes needed to accelerate the region's economic recovery, sustainable and inclusive development, and adaptation to the impacts of climate change. This report has three main messages. First, the opportunities for a resilient and lower-carbon development of the G5 countries are significant. They can reverse environmental degradation and maximize the benefits of climate action for the poor. Second, rapid, resilient, and inclusive growth is both the best form of adaptation to climate change and the best strategy for meeting development goals in an effective, sustainable, and productive manner. Third, the costs of inaction are far greater than the costs of action. Early and targeted action on policies and programs presented in this report can move the G5 Sahel countries towards a greener, more resilient, prosperous, and inclusive future
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  • 76
    Language: English
    Pages: 1 Online-Ressource (37 pages)
    Parallel Title: Erscheint auch als Ambel, Alemayehu A A Gendered Fiscal Incidence Analysis for Ethiopia: Evidence from Individual-Level Data
    Keywords: Commitment To Equity Methodology ; Direct Tax ; Education Transfer ; Fiscal Incidence Analysis ; Gender ; Gender and Poverty ; Gender and Public Expenditures ; Gender Equality ; Gendered Effect of Taxes ; Health Services Transfer ; Indirect Tax ; Inequality ; Macroeconomics and Economic Growth ; Poverty Reduction ; Services and Transfers to Poor ; Social Protection Transfer ; Taxation and Subsidies ; Welfare Impact
    Abstract: Using the Commitment to Equity methodology, this study investigates differences in the welfare impact of taxes and government spending on men and women in Ethiopia. It analyzes the incidence, progressivity, and pro-poorness of various taxes and transfers and their effects on income mobility, poverty, and inequality using individual-level data from the 2018/19 Ethiopia Socioeconomic Survey. The results show that the fiscal system as a whole is progressive, equalizing, and poverty-reducing. It moved about one in five individuals from one income group to another, and more women than men transitioned to a higher income group, making them relatively better off. However, some of its elements have differential effects on gender equality. Direct and indirect taxes have differential inequality-reducing and poverty-increasing effects for men and women. The inequality-reducing effects are stronger for men, whereas the poverty-increasing effects of some of them, including informal taxes and value-added taxes, are higher for women. On the transfer side, direct social protection transfers and indirect transfers, mainly spending on primary education and health services, promote gender equality better than other types of government spending
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  • 77
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Agriculture ; Climate Change Economics ; Conflict ; Conflict and Development ; Economic Insecurity ; Food Security ; Inequality ; Macroeconomics and Economic Growth ; Poverty ; Poverty Reduction
    Abstract: These remarks were delivered by the World Bank Group President David Malpass in conversation with Masood Ahmed, the President of the Center for Global Development on May 26, 2022. They both discussed on the following topis: (i) respond to the COVID crisis and now to the latest set of crises from Russia's invasion of Ukraine; (ii) the world moves away from the dependence on Russian energy, then new supplies will be vital; (iii) COVID Vaccination; (iv) fighting climate change; (v) global public goods; (vi) climate change action plan; (vii) climate financing; (viii) sustainable debt finance process; (ix) food security and infrastructure development; (x) possible global recession; (xi) education sector; (xii) human capital index; (xiii) the G7 communique; and (xiv) low-income households
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  • 78
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Agriculture ; Conflict ; Food Security ; Inequality ; Inflation ; International Trade and Trade Rules ; Poverty Reduction ; Pro-Poor Growth
    Abstract: These keynote remarks were delivered by World Bank Group President David Malpass to the European Union-African Union Summit on Peace, Security and Governance on February 17, 2022. He spoke about the global misallocation of capital leaves developing countries with inadequate capital flows and unable to sufficiently respond to the multitude of challenges they face. He mentioned that the World Bank Group has significantly increased their support for fragile states over the last five years, providing 15.8 billion in FY21 for over thirty fragile and conflict-affected countries, many of them in Africa. He was gravely concerned by the rapid escalation in conflicts in countries such as Burkina Faso and Ethiopia. He said that without good governance, Africa will continue to face underinvestment, insufficient access to electricity and clean water, and regulatory barriers. He highlighted on their operations working toward better outcomes in terms of reduced poverty and higher incomes which means governance that promotes trade facilitation, builds accountability mechanisms, enhances systems for service delivery, and fosters citizen engagement. He declared that the Recovery and Peacebuilding Assessment between the EU, UN, and the World Bank helps governments identify their priority needs for recovery, reconstruction, and peacebuilding. He also works with the UN Peacekeeping Missions in Democratic Republic of Congo, Mali, and the Central African Republic, where they have been able to provide rapid support once insecure areas are stabilized. He concluded with noting that by 2030, two-thirds of the world's extremely poor people could be living in fragile countries, and together with their development partners, they must continue to ramp up our efforts to support the world's poorest and most fragile states in becoming more resilient, peaceful, just, and economically robust
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  • 79
    Language: English
    Pages: 1 Online-Ressource (72 pages)
    Parallel Title: Erscheint auch als Newhouse, David Small Area Estimation of Monetary Poverty in Mexico using Satellite Imagery and Machine Learning
    Keywords: Inequality ; Information and Communication Technologies ; Machine Learning ; Poverty ; Poverty Assessment ; Poverty Eradication ; Poverty Mapping ; Poverty Reduction ; Poverty, Environment and Development ; Satellite Data ; Small Area Estimation ; Sustainable Development Goals
    Abstract: Estimates of poverty are an important input into policy formulation in developing countries. The accurate measurement of poverty rates is therefore a first-order problem for development policy. This paper shows that combining satellite imagery with household surveys can improve the precision and accuracy of estimated poverty rates in Mexican municipalities, a level at which the survey is not considered representative. It also shows that a household-level model outperforms other common small area estimation methods. However, poverty estimates in 2015 derived from geospatial data remain less accurate than 2010 estimates derived from household census data. These results indicate that the incorporation of household survey data and widely available satellite imagery can improve on existing poverty estimates in developing countries when census data are old or when patterns of poverty are changing rapidly, even for small subgroups
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  • 80
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Keywords: Development Patterns and Poverty ; Equity and Development ; Inequality ; Poverty ; Poverty Reduction
    Abstract: The April 2022 update to the newly launched Poverty and Inequality Platform (PIP) involves several changes to the data underlying the global poverty estimates. Some welfare aggregates have been changed for improved harmonization, and the CPI, national accounts, and population input data have been updated. This document explains these changes in detail and the reasoning behind them. Moreover, a large number of new country-years have been added, bringing the total number of surveys to more than 2,000. These include new harmonized surveys for countries in West Africa, new imputed poverty estimates for Nigeria, and recent 2020 household survey data for several countries. Global poverty estimates are now reported up to 2018 and earlier years have been revised
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  • 81
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Keywords: Access To Finance ; Agricultural Sector Economics ; Agriculture ; Finance and Financial Sector Development ; Public Sector Development
    Abstract: The World Bank and FAO teamed up with the Government of Tanzania to produce the country's first agricultural public expenditure review (PER) since the launch of the country's second agriculture sector development program (ASDP II). After outlining the role and performance of the sector (crop, livestock, fisheries, and forestry) in Tanzania and its main policy frameworks, this report uses historical data from 2017 to 2022 to review the level and composition of public expenditure. It then analyzes its allocative efficiency, effectiveness and alignment with the Government's strategic sectoral goals as defined in Tanzania Vision 2025 and the ASDP II. To do so, it combines a price incentive analysis on key value chains, thematic deep dives on strategic areas for the government (irrigation, agricultural knowledge system, seed system, climate change adaptation), and a coherence analysis. The report unveils that agricultural public budget mostly targets public goods in Tanzania, but at a level too critically low for these to materialize and support sustainable productivity growth and job creation. Detailed actionable recommendations are proposed for the government to improve spending on the agricultural sector to leverage further its growth potential
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  • 82
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: COVID-19 ; Public Sector Development
    Abstract: The countries of the Southern Africa Customs Union (SACU) - Botswana, Eswatini, Lesotho, Namibia, and South Africa are exposed to climatic shocks, especially drought, that pose a continual threat to lives and livelihoods across the subregion. The pandemic has compounded these existing vulnerabilities. Climatic shocks such as these tend to affect the poorest most, exacerbating inequalities and increasing poverty. Food insecurity, which is chronic in the subregion and both a root cause of vulnerability to drought and an outcome of it also increased as a result of impacts from the pandemic. Social safety net programs can help poor and vulnerable households manage the risks they face from shocks, helping to mitigate the impacts on poverty and food insecurity, but their effectiveness can be constrained in several ways. The mobilization of social protection in response to COVID-19 and the challenges that have emerged to that mobilization have strengthened the case for investments in preparedness ahead of future shocks. Adaptive social protection refers to an agenda for preparing social protection systems to improve their response to shocks and to build the resilience of poor and vulnerable households. This report takes stock of ASP in four of the five SACU countries and provides targeted recommendations for each country's development
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  • 83
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (64 pages)
    Parallel Title: Erscheint auch als Osman, Eiman Women Empowerment for Poverty and Inequality Reduction in Sudan
    Keywords: Access To Services ; Economic Growth ; Food Security ; Gender ; Gender Equality ; Gender Gap ; Inequality ; Labor Force Participation ; Poverty Reduction ; Shock Exposure ; Vulnerability ; Women's Agency ; Women's Empowerment ; Women's Voice
    Abstract: This paper examines how gender equality has evolved in Sudan during the last decade. The analysis comprises various dimensions including the accumulation of endowment in all its forms (human capital and physical capital), access to economic opportunities, access to services (water, sanitation, and electricity), and voice/representation to make decision at all levels. Key findings of the paper are the following. Sudanese women live in poorer than Sudanese men during key productive and reproductive years and appear to suffer greater poverty-related impacts of childcare and divorce. In education, gender gaps are shrinking as the proportion of girls attending primary school and the proportion of boys attending secondary school both continue to increase. Sudan?s maternal mortality ratio declined between 2004 and 2014, supported by an improvement in access to reproductive care services. Time spent in collecting water is a burden to both genders, with no significant difference between females and males. A higher proportion of femaleheaded households are in the lowest asset index quintile compared to male-headed households, while a lower share of female-headed households are in the highest asset index quintile than male-headed households. Male-headed households have better access to water, sanitation, and hygiene services and electricity. Sudan has a large gender gap in labor force participation that contrasts starkly to the average for the Sub-Saharan African region. Female household heads are more likely to be food insecure and experience higher exposure to shocks, compared to male heads. The paper includes a discussion on the potential impact of COVID- 19 on gender inequality, as well as possible policy options to reduce gender inequality in Sudan
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  • 84
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Financial Accountability Study
    Keywords: Public Sector Development
    Abstract: Program budgeting is a reform that intends to shift the focus of budgetary processes from control of inputs to producing measurable results. It aspires to enable governments deploy resources to priority areas and assess whether the resources have been translated into intended results. This paper identifies specific stumbling blocks for countries already implementing program budgeting that have caused implementation difficulties, especially in budget execution, and suggests means to resolve them. This paper aims to help resolve the tensions between planning, management, and control in pursuit of higher performance from governments. In doing so, the focus is not only observing and supporting the efficiency and effectiveness goals of program budgeting but also resolving the tensions arising from execution control and designing measures to support analysis and performance
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  • 85
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Business Cycles and Stabilization Policies ; Coronavirus ; COVID-19 ; Debt ; Disease Control and Prevention ; Economic Growth ; Fiscal and Monetary Policy ; Health, Nutrition and Population ; Macroeconomics and Economic Growth ; Poverty Reduction ; Public Debt ; Public Sector Development ; Unemployment
    Abstract: The Economic Monitor examines four possible factors behind Tunisia's slow recovery. First, the drop in mobility related to the pandemic may have been more harmful in Tunisia. However, mobility in Tunisia has dropped to a similar extent as other countries and it has now returned to pre-pandemic levels following the acceleration in the vaccination campaign since July. If anything, the mobility drop in Tunisia has resulted in a lower reduction in economic activity than in comparator countries as Algeria and Egypt. Second, it could be that the level of public support to the ailing firms and households may have been particularly low. However, at 2.3 percent of GDP, the Covid-19 stimulus package in 2020 was in the same ballpark as other comparators in the region. Third, the structure of the Tunisian economy, particularly its reliance on tourism, may have exposed it to the negative demand shock more than other countries. Indeed hotels, cafe and restaurant and transport are the sectors which have contracted the most since the start of the pandemic. The losses of these sectors explain a significant portion of the negative effects of the crisis in Tunisia, although they do not fully account for such slow recovery
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  • 86
    Language: English
    Pages: 1 Online-Ressource (39 pages)
    Parallel Title: Erscheint auch als Herrera Dappe, Matias Smoke and Mirrors: Infrastructure State-Owned Enterprises and Fiscal Risks
    Keywords: Access To Equity ; Contingent Liability ; De Facto Governments ; Democratic Government ; Economic Adjustment and Lending ; Governance ; Government Budget Management ; Macroeconomics and Economic Growth ; Market Value of Equity ; Public Sector Development ; Railways Transport ; State-Owned Banks ; State-Owned Enterprise
    Abstract: Infrastructure is critical to economic development. When infrastructure companies are owned and operated by the government, however, they create significant sources of fiscal risk. These fiscal risks can be sizable, but they are often preventable with proper planning, risk assessment, and strict rules and procedures for corporate and fiscal governance. This paper examines fiscal risk stemming from state-owned enterprises (SOEs) in the infrastructure sector in a sample of 135 firms in 19 countries from an original database of SOE financials for 2009-18. The paper develops a typology of fiscal risks and their determinants, builds new measures of fiscal injections to SOEs, and documents them using the novel database. The results show that governments support SOEs through a remarkably wide range of fiscal instruments. The fiscal cost of supporting infrastructure SOEs is usually below 1 percent of gross domestic product. Support is more prevalent and frequent than previously thought. The findings show that fiscal risk stems not only from "tail risk," but also from the everyday operation of infrastructure SOEs. The paper calculates the Altman Z" score (a measure of default risk) and shows that it can be used to forecast the need for fiscal injections in SOEs
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  • 87
    Language: English
    Pages: 1 Online-Ressource (28 pages)
    Parallel Title: Erscheint auch als Karver, Jonathan George Nudging in the Time of the Coronavirus: Evidence from an Experimental Tax Trial in Albania at the Onset of a Global Pandemic
    Keywords: Compensation From Injury ; Global Pandemic ; Governance ; International Trade and Trade Rules ; Public Sector Development ; Random Effects Model ; Randomized Controlled Trials ; Social Protections and Labor ; Social Security Contribution ; Tax Authority ; Tax Law ; Taxation and Subsidies ; Trade and Investment
    Abstract: This paper presents the results of a randomized controlled trial testing the effectiveness of taxpayer communications informed by behavioral science in inducing business payroll tax compliance at the onset of the COVID-19 pandemic. In March 2020, an experimental tax trial targeting 5,423 firms was implemented, coinciding with the national lockdown due to the global pandemic. The Albanian tax authority sent postal letters to employers and selected employees highlighting a suspicion that wages were under-declared to avoid personal income tax withholding. Employers and employees suspected of under-declaring were randomly assigned to receive a soft-tone letter (highlighting the social importance of contributing through taxes), a strong-tone letter (highlighting the penalties associated with under-declaring), or none (forming a control group against which the impact of receiving the letters could be estimated). For employers receiving soft-tone letters, the study finds large, statistically significant increases on subsequent payroll declarations (by as much as 10 percent relative to the control group), which gradually attenuate over the following six months. No statistically significant effects are found for letters sent to employees or strong-tone letters. The findings highlight (i) the importance of framing of communications as well as the importance of smart selection of letter recipients for taxpayer communication campaigns, (ii) which type of taxpayer communications were most effective in the context of the COVID-19 pandemic, and (iii) the role that randomized controlled trials and behavioral science can play in strengthening the effectiveness of government policy, particularly for public revenue mobilization
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  • 88
    Language: English
    Pages: 1 Online-Ressource (46 pages)
    Parallel Title: Erscheint auch als Estrades Pineyrua, Carmen Estimating the Economic and Distributional Impacts of the Regional Comprehensive Economic Partnership
    Keywords: Business Cycles and Stabilization Policies ; Common Carriers Industry ; Computable General Equilibrium Model ; Construction Industry ; Electrical Equipment ; Food and Beverage Industry ; General Manufacturing ; Global Computable General Equilibrium ; Income per Capita ; Industry ; Inequality ; International Trade and Trade Rules ; Macroeconomics and Economic Growth ; Meat Product ; Paper Product ; Plastics and Rubber Industry ; Pulp and Paper Industry ; Real Income ; Rules Of Origin ; Set Of Rules ; Textiles, Apparel and Leather Industry ; Trade Costs ; Trade Policy ; Trade-Weighted Average ; Transport
    Abstract: This paper applies a top-down, macro-micro modeling framework that links a computable general equilibrium model with the survey-based global income distribution dynamics model to assess the economic and distributional effects of the implementation of the Regional Comprehensive Economic Partnership (RCEP). Reductions of tariffs and non-tariff measures, implementation of a rule of origin, together with productivity gains stemming from trade cost reductions can strengthen regional trade and value chains among Regional Comprehensive Economic Partnership members. The results of the analysis indicate that in an already deeply integrated region, tariff liberalization alone brings little benefit, with estimated real income gains of 0.21 percent relative to the baseline (without the RCEP) in 2035. With liberal rules of origin, the gains in real income could double to 0.49 percent. The biggest benefits accrue when the productivity gains are considered, increasing real income by as much as 2.5 percent for the trade bloc. In this scenario, trade among RCEP members increases by 12.3 percent in 2035 relative to the baseline. The RCEP also has the potential to lift 27 million additional people to middle-class status by 2035. It will also boost wages, with faster gains in sectors that employ larger shares of women. The aggregate effects mask large variety of outcomes across countries, with Vietnam expected to register the highest trade and income gains. Implementation of the RCEP help partially mitigate the negative economic impacts of COVID-19 in the East Asia and the Pacific region
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  • 89
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Systematic Country Diagnostics
    Keywords: Disability ; Education ; Educational Sciences ; Inequality ; Job Creation ; Labor Markets ; Poverty Reduction ; Social Protections and Labor ; State-Owned Banks ; Total Factor Productivity
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  • 90
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Economic Modeling ; Inequality ; Inflation ; International Trade and Trade Rules ; Macroeconomics and Economic Growth ; Poverty Reduction
    Abstract: Turkey's economic performance has been a tale of two economies, overall high growth, matched by a deterioration in macro-financial conditions. Good progress in vaccination rollouts allowed Turkey to reopen gradually in 2021 despite a continued rise in Coronavirus (COVID-19) cases. Real economic activity remained strong, driven by strong broad-based export growth and domestic demand. Exports of goods reached record high levels in 2021 supported by buoyant external demand, improved price competitiveness and demand shifts to Turkey due to rising shipping costs. Turkey's GDP grew by 22 percent year-on-year in 2021Q2-the second highest among G-20 countries-and 7.4 percent in 2021Q3. Strong goods and services export performance helped current account deficit to narrow significantly. Robust economic activity led to strong revenue growth and supported fiscal balances. The labor market saw a good recovery in 2021 and employment levels surpassed pre-pandemic levels, supported by buoyant economic activity. The regional inequalities of the COVID-19 shock manifested in larger impacts for women from Eastern regions, widening pre-existing gender gaps. The authorities began to cut interest rates in September, by 500 basis points by the end of 2021, despite rising inflation and inflation expectations. This has exacerbated macro-financial conditions and impacted investor confidence - causing financial market turbulence, large deprecation of the Lira, higher inflation, and increased dollarization. The Lira has been the most depreciating currency among emerging market economies this year. The large depreciation of the Lira coupled with rising international prices caused inflation to increase to its highest rate since the August 2018 shock
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  • 91
    Language: English
    Pages: 1 Online-Ressource (24 pages)
    Parallel Title: Erscheint auch als Yuting Fan, Rachel Calamities, Debt, and Growth in Developing Countries
    Keywords: Coronavirus Economic Recovery ; COVID-19 Recovery ; Debt Financed Public Spending ; Developing Country Debt ; Disaster Recovery ; Economic Impact Of Covid Pandemic ; Economic Recover In Developing Countries ; Finance and Financial Sector Development ; Government Debt ; Pandemic Economic Impact ; Public Debt ; Public Debt Restructuring ; Public Sector Development ; Safety Nets and Transfers ; Social Protection ; Social Protections and Labor
    Abstract: Public debt in developing economies rose at a fast clip during 2020-21, at least partly due to the onset of the global Covid-19 pandemic. Nobel laureate Paul Krugman opined in early 2021 that "fighting covid is like fighting a war." This paper argues that the Covid-19 pandemic shares many traits with natural disasters, except for the global nature of the pandemic shock. This paper empirically examines trends in debt and economic growth around the onset of three types of calamities, namely natural disasters, armed conflicts, and external-debt distress in developing countries. The estimations provide quantitative estimates of differences in growth and debt trends in economies suffering episodes of calamities relative to the trends observed in economies not experiencing calamities. The paper finds that debt and growth evolve quite differently depending on the type of calamity. The evidence indicates that public debt and output growth tend to rise faster after natural disasters than in the counterfactual scenario without disasters, thus illustrating how debt-financed fiscal expansions can help economic reconstruction. The findings are different for episodes of debt distress defined as periods of debt restructuring, however. Economies experiencing debt distress are associated with growth trends that are on average below the growth rates of unaffected economies prior to and after the beginning of an episode of debt restructuring
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  • 92
    Language: English
    Pages: 1 Online-Ressource (77 pages)
    Parallel Title: Erscheint auch als Goldstein, Markus Childcare, COVID-19 and Female Firm Exit: Impact of COVID-19 School Closure Policies on Global Gender Gaps in Business Outcomes
    Keywords: Businss Outcome Gender Gaps ; COVID-19 Job Loss ; COVID-19 School Closures ; Economic Growth ; Employment Inequity ; Entrepreneurship ; Female Entrepreneurship ; Firm Performance ; Gender ; Gender and Health ; Gender Monitoring and Evaluation ; Health, Nutrition and Population ; Inequality ; Labor Markets ; Mother's Employment ; Poverty Reduction ; Unpaid Domestic and Care Work ; Wage Gap
    Abstract: This paper estimates the impact of a large negative childcare shock on gender gaps in entrepreneurship using the shock created by national COVID-19 school closure policies. The paper leverages a unique data set of monthly enterprise data collected from a repeated cross-section of business owners across 50 countries via Facebook throughout 2020 and in 2021. The paper shows that, globally, female-led firms were, on average, 4 percentage points more likely to close their business and experienced larger revenue declines than male-led firms during the COVID-19 pandemic in 2020 (male firms closed at a rate of 17 percent in 2020, and 12 percent in 2021). The gender gap in firm closures persisted into 2021. The closing of schools, a key part of the care infrastructure, led to higher business closures, and women with children were more likely to close their business in response to a school closure policy than men with children. Female entrepreneurs were found to take on a greater share of the increase in the domestic and care work burden than male entrepreneurs. Finally, the paper finds that women entrepreneurs in societies with more conservative norms with respect to gender equality were significantly more likely to close their business and increase the time spent on domestic and care responsibilities in response to a school closure policy, relative to women in more liberal societies. The paper provides global evidence of a motherhood penalty and childcare constraint to help explain gender inequalities in an entrepreneurship context
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  • 93
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Partnership for Market Readiness Technical Papers
    Keywords: Air Quality and Clean Air ; Carbon Policy and Trading ; Climate Change ; Climate Change Economics ; Climate Change Mitigation and Green House Gases ; Climate Change Policy and Regulation ; Energy Policy ; Environment ; Global Warming ; Macroeconomics and Economic Growth ; Public Sector Development
    Abstract: Emissions trading continues to expand as a flexible policy response to climate change. Its implementation raises complex governance challenges, however, and calls for robust institutional, regulatory and procedural frameworks. Unlike aspects of technical design and implementation, the governance of emissions trading systems (ETSs) has found less extensive treatment in the available knowledge base. However, existing systems offer valuable insights into the successful governance of emissions trading from the initial establishment and routine operation of an ETS to the review of its performance and the management of change. This report draws on such experiences to provide guidance on the governance of an ETS across all stages of its evolution
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  • 94
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Systematic Country Diagnostics
    Keywords: Crime and Society ; Economic Adjustment and Lending ; Equity and Development ; Inequality ; Macroeconomics ; Macroeconomics and Economic Growth ; Poverty Reduction ; Pro-Poor Growth ; Public Sector Development ; Social Development
    Abstract: The 2015 Systematic Country Diagnostic (SCD) concluded that El Salvador was "trapped" in vicious cycles of low poverty reduction and growth and argued for a "big push" in six priority areas. Three mutually reinforcing cycles hampered growth and shared prosperity: (i) low growth and violence, (ii) low growth and migration, and (iii) low growth, savings, and investments. The SCD concluded that a big reform push in six priority areas was needed to break these cycles. Despite progress in some of these areas, previous governments have not built consensus for the "big push" of simultaneous reforms to break the cycles. This SCD Update (the Update) builds on the SCD as follows: (i) updating the country context and assessing progress in poverty and growth, (ii) broadening the analysis to include a vulnerability lens, and (iii) rerunning the prioritization framework to confirm or update priorities
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  • 95
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Carbon Taxes ; Energy ; Energy Markets ; Enterprise Development and Reform ; Environment ; Fiscal and Monetary Policy ; Macroeconomics and Economic Growth ; Private Sector Development ; Public Sector Development
    Abstract: In the post-pandemic world, EU member states will need to embrace two simultaneous challenges. These will include recovering from the COVID-19 pandemic and embracing the ambitions of the European Green Deal, which maps out broad policies aimed at achieving carbon neutrality by 2050 and reducing emissions by 55 percent by 2030. Compared to the emissions reduction achieved during 1990-2018 by the EU27 countries, the 2018-30 target is 50 percent more ambitious and is to be achieved in a third of the time. Meanwhile, the emissions reduction planned during 2030-50 will be even steeper. The transition in some EU countries will be particularly challenging, given their high energy intensity, significant dependence on fossil fuels for power generation and an increasing and environmentally unfriendly transport fleet. In addition, households will need to be supported in the transition, to avoid a substantial share of the population being adversely affected
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  • 96
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Adaptation to Climate Change ; Climate Change Economics ; Climate Change Policy and Regulation ; Environment ; Finance and Financial Sector Development ; Foreign Direct Investment ; Infrastructure ; Infrastructure Investment ; Macroeconomics and Economic Growth ; Public and Municipal Finance ; Public Sector Development ; Public-Private Partnerships
    Abstract: The time for action to build a better future and green recovery has never been stronger as we navigate the uncertainty of a world attempting to manage its way out of a triple crisis: debt sustainability, climate change, and pandemic. The fiscal constraints of governments across the globe open the door to new opportunities and challenges to crowd in private sector solutions, innovation, and finance to create new solutions and pathways to meet Paris Agreement goals on climate change. Participation of the private sector in climate-smart investments and infrastructure is critical and public-private partnerships (PPPs) are among the key solutions. PPPs are critical because the public sector alone will not be able to fill in the infrastructure gap without mobilizing private sector expertise, innovative thinking, investment capacity, and finance. PPPs can be a challenge though, because climate change creates uncertainty and it is hard to play with uncertain moving pieces within the framework of PPPs, which require a certain degree of predictability to attract investment and finance. This toolkit aims to address this precise challenge by embedding a climate lens and approach into upstream PPP advisory work and structuring. If structured correctly, PPPs can increase climate resilience offering innovative solutions to address both mitigation and adaptation challenges. PPPs are able to provide well-informed and well-balanced risk allocation between partners offering long-term visibility and stability for the duration of a contract (often 25 or 30 years, sometimes even more), compensating climate change uncertainty through contractual predictability
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  • 97
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Urban Study
    Keywords: Health and Sanitation ; Health, Nutrition and Population ; Inequality ; Poverty Reduction ; Risk Management ; Social Development ; Urban Housing and Land Settlements
    Abstract: Resilient Housing (RH) initiatives are a crucial means of improving access to safe and sanitary housing in urban areas of high vulnerability. These projects make residents safer, healthier, and more secure, and increase the economic inclusion of the world's poorest populations. They upgrade homes, improve neighborhoods, and change lives. Like all investment projects, RH initiatives carry with them some risks and may impact the lives of community members in the project area. The note briefly introduces RH initiatives, describes their unique approach to project design, and touches on the possible risks occasioned by RH projects. It then explores the many ways in which RH initiatives closely align with the objectives and technical requirements embedded in the World Bank's Environmental and Social Framework (ESF), which went into effect on October 1, 2018. The ESF lays out a comprehensive approach to identifying and managing environmental and social risks and minimizing potential impacts. The goals and requirements of RH initiatives and the ESF complement one another, and this note will describe how this mutually supportive relationship creates desirable outcomes that achieve the objectives of both, despite occasional trade-offs. Using recent operational experience as a guide to best practices, the note's final section provides recommendations for Task Team Leaders responsible for managing RH projects on how to apply the ESF to their projects to minimize risk and maximize project impact
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  • 98
    Language: English
    Pages: 1 Online-Ressource (53 pages)
    Parallel Title: Erscheint auch als Ludolph, Lars Inequality and Security in the Aftermath of Internal Population Displacement Shocks: Evidence from Nigeria
    Keywords: Conflict and Development ; Displacement Shocks ; Economic Insecurity ; Economic Relief Measures ; Ethnic Violence ; Forced Displacement Relief ; Host Community Impact ; Human Rigts ; Inequality ; Internal Displacement ; Involuntary Resettlement Law ; Law and Development ; Local Conflict ; Macroeconomics and Economic Growth ; Security ; Temporary Displacement ; Violent Crime ; Voluntary and Involuntary Resettlement
    Abstract: This paper studies the security implications of internal displacement shocks for host communities. It focuses on changes in wealth within host communities induced by the inflow of internally displaced persons (IDPs) as a potential mechanism that triggers local conflicts. The sudden insurgency of the jihadist terrorist organization Boko Haram, which led to the internal displacement of over 2.5 million persons in northeastern Nigeria, is used as a quasi-natural experiment. Applying both a two-way fixed effects analysis and an instrumental variable strategy based on historical ethnic ties between the areas of displacement and receiving areas, the results show that the presence of IDPs is associated with a decrease in aggregate wealth and an increase in inequality within host communities, between 2010 and 2019. These effects are accompanied by an increased risk of conflict onset in the short and long run. The inequality-conflict link is likely to be caused by grievances among low-wealth segments of the host community towards new arrivals rather than by changes in social cohesion within host communities, which increased in response to the inflow of IDPs. The analysis further indicates that an improvement in IDPs' living conditions is accompanied by a decrease in violence and improved relations between hosts and IDPs. Taken together, findings from this study call for a two-pronged immediate relief and recovery approach that alleviates adverse economic effects on vulnerable segments of host communities and increases IDPs' welfare in displacement settings
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  • 99
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Keywords: Conflict of Interest ; Corporate Data and Reporting ; Equity ; Governance ; Macroeconomics and Economic Growth ; Private Sector Development ; Public Sector Development ; Transparency
    Abstract: The world spent USD 11 trillion on public procurement in 2018, amounting to 12 percent of global GDP (Bosio and others 2022). Given these substantial volumes, public procurement can contribute to several objectives: savings, integrity, economic growth, inclusiveness, and sustainability. Procurement Data Analytics (PDA) can contribute to the achievement of these objectives. It refers to the use of data to generate actionable insights and evidence to monitor outcomes, inform the policy dialogue, guide reform efforts, and assess the impact of reforms and strategies in public procurement. Despite a growing academic literature and impact evaluations on public procurement, the existing body of evidence is still scarce and limited to a few countries. This impedes drawing generalizable lessons on optimal policies and strategies to achieve the multi-layered objectives of the public procurement function, therefore highlighting the need for a larger adoption of data analytics tools in this area. With the increasing adoption of electronic government procurement (eGP) systems and the corresponding digitization of transaction records, public procurement has enormous untapped potential for the application of data analytics tools. This paper highlights the successful approaches and good practices of previous PDA work and provide useful resources to World Bank teams with country engagements relating to public procurement. Possibly interesting to a broader audience, an analytical framework is also discussed to guide the application of data analytics tools in public procurement, data sources, the open government agenda, and data standards
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  • 100
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Systematic Country Diagnostics
    Keywords: Energy ; Energy Demand ; Fiscal and Monetary Policy ; Inequality ; Macroeconomics and Economic Growth ; Poverty Diagnostics ; Poverty Reduction
    Abstract: This Systematic Country Diagnostic (SCD) examines the current constraints and policy priorities for Kosovo to achieve the Twin Goals of eradicating poverty and accelerating shared prosperity. This report follows on the first SCD, completed in 2017, which highlighted fiscal policy, competitiveness, inclusion, and environmental sustainability as priorities for sustainable poverty reduction and shared prosperity. Today, many challenges identified in the 2017 SCD continue to hamper Kosovo's progress and several structural weaknesses could worsen due to the pandemic, climate change, and the energy transition. In this sense, this SCD is conducted as an 'update,' as it largely maintains the conceptual framework in the previous SCD, describes how the structural conditions identified in it have evolved, and proposes a revised set of development priorities for the next five years. Today, many challenges identified in the 2017 SCD continue to hamper Kosovo's progress and several structural weaknesses could worsen due to the pandemic, climate change, and the energy transition. In this sense, this SCD is conducted as an 'update,' as it largely maintains the conceptual framework in the previous SCD, describes how the structural conditions identified in it have evolved, and proposes a revised set of development priorities for the next five years
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