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  • English  (429)
  • 2015-2019  (429)
  • World Bank  (358)
  • Kim, Jim Yong  (56)
  • Deininger, Klaus  (15)
  • Washington, D.C : The World Bank  (429)
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  • English  (429)
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  • 1
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: This report reviews South Africa's recent economic and social developments. It underlines that South Africa's current economic rebound may not be sustained if the fundamental factors undermining its growth potential are not boldly addressed. This includes in particular income inequality, which fuels resource contestation, policy uncertainty and scare private investors of seeing their investments overly taxed and expropriated. Nevertheless, inequalities are increasingly driven by labor markets developments, as opposed to race or location of origin. Policy actions could accelerate a projected decline in inequalities resulting from greater access to education. Using a dynamic computable general equilibrium, the report simulates a number of policy scenarios until 2030. Simulation results suggests that continuing to address corruption, restoring policy certainty in mining, improving the competitiveness of strategic state-owned enterprises, further exposing South Africa's large conglomerates to foreign competition, and facilitating skilled immigration would raise labor demand and create the fiscal space needed to eventually build labor supply from the poor population through education and spatial integration reforms. By 2030, extreme poverty could be almost eradicated and inequalities significantly reduced. And as inequalities decline, the social contract would strengthen and likely encourage further private investment - a possibility not captured in the simulations
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  • 2
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Knowledge Economy Study
    Abstract: Coding bootcamps are intensive short-term programs designed to train participants in programming skills to make them immediately employable. They combine characteristics of traditional vocational training programs with the intensity of military bootcamps for new recruits, intermingling socio emotional and tech skills learning in an intense and experiential manner, in what could be referred to as skills accelerators. The authors refer to coding bootcamps in this report as the ready-to-work model. The initiative aims to collect and share examples and lessons of bootcamps in emerging markets, and measure the impact of bootcamp training on youth employment in selected countries. The program seeks to establish a framework of best practice for future projects in technology upskilling in the developing world. This report highlights the results of a randomized controlled trial (RCT) carried out in Medellin (Colombia), complemented with qualitative studies in Beirut (Lebanon) and Nairobi (Kenya). This report is arranged as follows: Chapter 1 starts with introduction; Chapter 2 describes the intervention in Medellin,including the experimental allocation of training slots to the bootcamp; Chapters 3 and 4 present the qualitative studies in Beirut and Nairobi; The main findings from the three interventions are presented in Chapter 5; and lessons for future impact evaluations are described in Chapter 6
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  • 3
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Public Sector Study
    Abstract: In order to understand a country as large and diverse as Russia, it is extremely important to consider spatial patterns of economic development. As Russia looks for new drivers of economic growth, it is important to understand the structural conditions that have defined economic development in Russia's regions. This report uses the Economic Potential Index (EPI) methodology to identify the conditions that drive regional development. Economic potential is the level of productivity that is possible for a region to achieve given its structural endowments, which are characteristics that are hard to alter in the short run. The methodology used in this report combines quantitative analysis of drivers of productivity across regions with in-depth case studies that focus on the role of regional governments and institutions in converting endowments into economic outcomes. This methodology generates insights that are relevant for both national and regional governments. The first chapter of this report provides an overview of regional development in Russia over the last 25 years and identifies "Russia-specific" national structural conditions that may affect regional development. The second chapter discusses the results of an assessment of economic potential at the regional level and the factors that shape it in Russia. The third chapter focuses on the role of national and regional governance, policy, and institutions in promoting economic development of the regions. The final chapter proposes policy priorities for both regional and national authorities
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  • 4
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, said that this is a fundamental moral issue. The fact that tens of millions of people are at risk of starving to death is a tragedy. And in the 21st century, the fact that we haven't ended famine is a collective failure of shameful proportions. It's also a critical economic issue. From a human capital standpoint, famines raise child mortality, increase stunting, and impair cognitive development for children in utero at the time of the famine and of the children who survive. First, early warning must translate into early action. Investing in more proactive responses to avert humanitarian crises could save millions of lives, and it can also reduce the costs to the international community by as much as 30 percent. Second, we need sustained collective action, before, during, and after crises. Third, we need to work to develop more comprehensive approaches to famine prevention, preparedness, and early action
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  • 5
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discussed a few items that are on the agenda for at these meetings. He launched the latest edition of our Global Findex financial inclusion database, which tracks how people use financial services. The World Bank Group is dedicated to ending poverty wherever it exists in client countries. He mentioned two specific initiatives to support that effort: first, a significant of new financial innovation; and second, to review all possible options to enhance IBRD and IFC's financial capacity and develop a package of measures for governors' consideration. He believes a good case for how a stronger World Bank Group can meet the aspirations of shareholders, respond to global challenges, mobilize capital at scale, and make the institution even more efficient and effective
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  • 6
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, spoke about how before 1800 everybody was poor and lived in poverty. He referred to the young people now who may not own a smart phone, but who have access to smart phones. By 2025, as many analysts are saying, the entire world will have access to broadband. He examined three ways to end extreme poverty, that is, people living under 1.90 US dollars a day, by 2030. First, focus on inclusive, sustainable economic growth. Second, focus on fostering resilience to pandemics, climate change, refugees, fragility, conflict, and violence. Third, invest more and more effectively in people
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  • 7
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, spoke about the following: i) understand China's journey and get the historical record right; ii) understand China's past reforms, because they are important for future reforms; iii) understanding China's reforms is increasingly important for the rest of the world; iv) china's reform and opening up program, which was the foundation for the rapid growth that allowed people to lift themselves out of poverty; v) a focused and sustained effort targeted at poverty reduction throughout the reform period
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  • 8
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Water Papers
    Abstract: The report is an advocacy piece to raise awareness around the need to shift the typical way urban water has been managed and to share emerging principles and solutions that may improve urban water supply security in water scarce cities. It aims to promote successes, outline challenges and principles, and extract key lessons learned for future efforts. It builds on the experiences of over 20 water scarce cities and territories from five continents, which represent a diversity of situations and development levels. This report argues that WSS service providers, policy makers, and practitioners should look at their mandate and responsibilities in a new light, and seek to embrace integrated water resources management considerations. Drawing from successful experiences from around the world, it extracts several underlying management principles applied by effective utilities. The report then aims to demystify solutions to address urban water scarcity, comparing and contrasting related institutional, technological, economic and social aspects. It then concludes with cross-cutting considerations relevant to planners, water operators and policy makers of water scarce cities
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  • 9
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discussed reducing poverty by using a three-pillar strategy. First, drive inclusive, sustainable economic growth by crowding in private sector investment, help countries manage debt levels, and harness the power of technology like FinTech. Second, build resilience to shocks and threats by taking urgent action on climate change, and help countries share the risks of disasters with the capital markets. Third, help countries invest more, and more effectively in their people to prepare for what is certain to be a more digitally-demanding future. He spoke in length about Human Capital Index
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  • 10
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Poverty Assessment
    Abstract: Vietnam has achieved remarkable success in reducing poverty while controlling inequality. The country's broad-based growth reflects the government's focus on developing labor-intensive export sectors while investing heavily in human capital that saw the country exceed its peers. However, gains have been concentrated among the Kinh and Hoa ethnic majority, while minority groups have not only continued to experience poverty rates far above the national average, but have seen slower progress too. This report analyzes recent trends in poverty and shared prosperity. It presents the findings of the 2016 Vietnam household and living standards survey (VHLSS), highlighting important progress and identifying new challenges. The report is organized into two main sections. The first section reviews Vietnam's progress in reducing poverty and promoting share prosperity. It describes updated poverty and shared prosperity trends, the nature of economic mobility, and the drivers of poverty reduction. The second section - titled leaving no one behind is more forward-looking, starting by identifying major constraints faced by the poor, then proceeding to lay out challenges for moving the poverty and shared prosperity agenda going forward
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  • 11
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Education Study
    Abstract: The skills for tomorrow's Jobs in Bangladesh attempts to address key skills challenges and identifyopportunities in the backdrop of fast technological and economic changes. It proposes mid to long-term strategic policy options that would contribute to economic growth and job creation in Bangladesh with a focus on post-secondary education and skills development sectors. It aims to inform the Government and the World Bank's jobs agenda. The study draws upon relevant literatures from international and national sources, the government's surveys and education statistics, and analytical works undertaken by the World Bank and other agencies. Moreover, the study was extensively informed and guided by knowledge and insights gathered through the experience from the World Bank funded operations and series of consultations on skills for future jobs with relevant stakeholders in Bangladesh
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  • 12
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: Industrial production and services growth remained resilient. Inflation has accelerated, primarily due to supply shocks. Monetary policy has been accommodative. Financial sector vulnerability is rising. With a tightening of prudential controls, lending rates are back to double digits. Despite significant recovery in both exports and remittances, the current account deficit widened sharply, driven by a surge in imports. The overall balance of payments swung into deficit for the first time since FY11. Consequently, the exchange rate has depreciated. Interventions to smoothen exchange rate adjustments have eroded foreign exchange reserves. The fiscal deficit has been contained as weak revenue growth was counterbalanced by even weaker growth in expenditures. GDP growth is projected in the 6.5-7 percent range in the medium-term, while macro stability will require heightened vigilance. Poverty reduction has continued but slowed. The amount of poverty reduction achieved by each percent of growth fell by a third. Extreme poverty is projected to fall modestly to 11-12 percent in the medium-term. Downside risks center on the solvency of banks and the run-up to elections elevating instability and policy uncertainty. Going forward, investment and innovation enabling reforms will be key to accelerating development progress
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  • 13
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Health Study
    Abstract: At present rates, the global 2030 Universal Health Coverage (UHC) targets under the United Nations Sustainable Development Goals will not be met. Urgent action is needed to speed progress in the two dimensions of UHC, health service coverage and financial protection, and to ensure that no one is left behind. What can be done? First, countries can learn from past experience. This report identifies a set of factors common among countries that made outstanding progress on selected service coverage and financial protection indicators between 2000 and 2015. By adapting proven approaches to their own settings, and by addressing stubborn implementation bottlenecks, countries can accelerate progress towards UHC. Second, even as they benefit from models of success, countries must prepare to manage deeper health system transformation now on the horizon. Spurred by economic, technological, demographic, and epidemiologic forces, these transformations will reshape the landscape in which countries pursue their 2030 UHC goals, creating new risks but also opportunities
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  • 14
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: The Economic Update (SEU) evaluates the recent (2016-17) growth performance and macroeconomic policies in Senegal, thus providing a basis for the policy dialog with the Government and other stakeholders. The first section of the Economic Update evaluates the drivers of growth and the macroeconomic framework. Three-year perspectives are also included, underlining risks and challenges. The second section evaluates the agricultural sector in more detail focusing on the recent evolution of the agriculture sector and on the impact of public sector involvement
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  • 15
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: In 2017, the Philippines was among the top three growth performers in the East Asia region. Only Vietnam and China performed better. The Philippines growth performance slightly weakened in 2017 to 6.7 percent year-on-year from 6.9 percent in 2016. Growth was anchored in strong exports, while investment growth significantly slowed and consumption growth moderated. The Philippines' annual exports rose sharply in 2017 and became the main engine of economic growth, while imports continued to grow by double-digits. Investment growth slowed in 2017, following two consecutive years of rapid expansion, and climbing inflation slowed real wage growth and contributed to a moderation in private consumption growth
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  • 16
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Series Statement: World Bank E-Library Archive
    Abstract: Zimbabwe is at a critical juncture. After dollarization and favorable economic factors fueled arecovery during 2009-12, Zimbabwe today faces slowing growth, a financial crisis, increasingly erratic weather patterns and rising poverty and inequality. To help respond to these issues, the Government of Zimbabwe (GoZ) has sought to examine and ultimately better manage its public expenditures, with a view to ensuring public spending is effective, efficient, equitable, and well-targeted to the needs of its changing population, especially the poor
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  • 17
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Accounting and Auditing Assessment
    Series Statement: World Bank E-Library Archive
    Abstract: This report presents the questions no longer included in the revised diagnostic tool
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  • 18
    Language: English
    Pages: 1 Online-Ressource (31 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Ali, Daniel Personality Traits, Technology Adoption, and Technical Efficiency: Evidence from Smallholder Rice Farms in Ghana
    Abstract: Although a large literature highlights the impact of personality traits on key labor market outcomes, evidence of their impact on agricultural production decisions remains limited. Data from 1,200 Ghanaian rice farmers suggest that noncognitive skills (polychronicity, work centrality, and optimism) significantly affect simple adoption decisions, returns from adoption, and technical efficiency in rice production, and that the size of the estimated impacts exceeds that of traditional human capital measures. Greater focus on personality traits relative to cognitive skills may help accelerate innovation diffusion in the short term, and help farmers to respond flexibly to new opportunities and risks in the longer term
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  • 19
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The Republic of South Sudan emerged in 2011 from decades of conflict as the world's newest independent country, with huge state and peace building challenges, and extreme institutional and socio-economic deficits.By August 2016, South Sudan displayed all the signs of macroeconomic collapse,with output contracting, and inflation and parallel exchange market premium spiraling.The fiscal deficit remained high, although its exact magnitude is difficult to estimate given the lack of real time data.The financing situation is dire. Monetization of the fiscal deficit explains to a large extent the high inflation, although there are some indications that borrowing from theBank of South Sudan had been limited in recent months.The current account deficit is estimated to have narrowed to about 1.6 percent in FY2016/17 from about 6.1 percent of GDP in FY2015/16.The South Sudanese Pound (SSP) continued to depreciate.Restoring peace, including reform of the security sector, followed by efforts to rein in public sector borrowing to levels that avoid printing money are necessary preconditions for any stabilization program.The FY17/18 National Budget aims to restore macroeconomic stability, but lacks credibility.Even if the economy showed some recovery starting in 2018, projections suggest that poverty will continue to rise through 2019 as economic growth is likely to be surpassed by population growth
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  • 20
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Urban Study
    Series Statement: World Bank E-Library Archive
    Abstract: Bulgaria's housing sector provides a window into the broader issues of the country's social, and economic transformation. This process has been difficult, and, as was the case in many transition countries, one of the main problem areas has been the housing sector. While the government has played an active role in reforming the housing sector since 2004, and continued with initiatives to improve energy efficiency in residential buildings, new sectoral problems have emerged. Vacancy rates are extremely high, affordability concerns have intensified, and household mobility is one of the lowest among transition countries. As a result, the government is about to embark on a housing strategy, one that seeks to address the emerging issues with a particular emphasis on how this sector's functioning interacts with and affects the broader economy. This rapid assessment of Bulgaria's housing sector attempts to inform the country's forthcoming strategy. It brings together information on how the sector has performed, and relies upon the international experience, and particularly the experience of other transition economies, to set the stage for the prospective Strategy's deeper probe. Bulgaria followed a Soviet style planning approach that created one of the world's most over industrialized economies. In following this approach, it expanded many cities to service what are now bankrupt heavy industries. The result is that today the employment prospects in many locations remain dim, particularly where state-owned factories of the old regime have closed. This has resulted in massive population shifts, with some villages and towns facing complete abandonment. The country has a large ageing population, and is also experiencing one of the world's sharpest reductions in population. Population has declined by almost 20 percent since 1989, and this trend is likely to intensify over the next two decades
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  • 21
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Rural Study
    Series Statement: World Bank E-Library Archive
    Abstract: In recent years, the prospects of Kenya's tourism industry have been clouded by a perfect storm of misfortunes - insecurity, growing global competition, and unsustainable tourism development. It is in this context that the potential and actual contribution of the tourism sector to the country's development has been questioned, with claims that tourism contributes less to the Kenyan economy than commonly thought. This report is arranged as follows: Chapter 1 identifies linkages with sectors that provide inputs into tourism as well as sectors that benefit from the boost in demand generated by the industry (termed the backward and forward linkages respectively). The results in Chapter 2 indicate that the effects on the economy depend on the cross-sectoral linkages. Hence, impacts on the economy differ depending on whether they emanate from changes in foreign tourist arrivals, changes in domestic tourist demand, oil price shocks, or foreign exchange shocks. Chapter 3 attempts to explore how long-term growth and poverty rates are affected with investments in the different segments of the tourism industry. Finally, recognizing that growth in the sector is dependent upon sustainable resource use, Chapter 4 contributes to the analysis of alternative policy strategies by investigating policies for the allocation of water. This is a highly relevant, though much neglected issue as Kenya is amongst the most water scarce countries in Africa and also has a highly water intensive economy (when measured in per capita availability, Kenya is more water scarce than land, and projections suggest the former will get worse faster). The Computable General Equilibrium (CGE) model is also used to examine the growth consequences of reallocating water from the highly water-dependent tourism industry to other sectors of the economy
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  • 22
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Series Statement: World Bank E-Library Archive
    Abstract: The Philippines is increasingly exposed and vulnerable to natural hazards, which undermines poverty reduction and long-term growth. Typhoon Yolanda (Haiyan), which struck the Philippines in 2013, is considered the strongest typhoon ever to make landfall. Typhoon Yolanda has caused over 6,300 reported fatalities and an additional 2.3 million people were estimated to have fallen below the poverty line. The total damage and loss was estimated at PHP 571.1 billion (USD 12.9 billion) hampering economic growth by about 0.9 % in 2013, and another 0.3 % in 2014. The event highlighted the following major issues on the side of government and all other non-government actors: coordination at all levels, aid transparency and accountability, systems and protocols for donations and assistance, conduct of post-disaster needs assessment, recovery planning, implementation, monitoring, and communications
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  • 23
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Series Statement: World Bank E-Library Archive
    Abstract: This reports on the cost of doing business in Egypt consistently identify delays in land acquisition as one of the impediments to setting up new businesses as well as attracting foreign direct investments. Despite the provisions of Law 10/1990 (hereafter referred to as Law 10), which lays out a legal framework for the expropriation of real estate for public-interest projects, these delays persist due to overlapping in national and sectoral policies and practices. This Policy note acknowledges the absence of a comprehensive land administration system in Egypt. It focuses instead on the challenges facing land acquisition for public interest projects and theshortcomings of Law 10. It summarizes key challenges based on the findings of key research productsfrom the technical assistance (TA) program offered by the World Bank to the Egyptian government concerning land acquisition and policy reform, including the diagnostic analysis report prepared in June 2016 and the report of the TA Committee Members' visit to India prepared in May 2016. The key challenges discussed in this policy note fall under two broad kinds: limitations in law, and policy coherence. To help develop a more coherent and transparent approach to land acquisition, this note also lays out recommendations and a road map. The Annex to this note highlights the broader issues of land administration, with a special focus on the weak institutionalization of deeds and title registration systems
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  • 24
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Financial Sector Assessment Program
    Series Statement: World Bank E-Library Archive
    Abstract: This financial sector assessment (FSA) summarizes the key findings and recommendations of the 2016 FSAP update report for Mexico. Mexico's economic growth has been steady and inflation remained low despite a significant depreciation of the exchange rate in the last 18 months.The medium term outlook for the Mexican economy foresees stable growth and inflation. After several years of contained growth, commercial bank credit grew by 14 percent in 2015, albeit from a very low base.Nonfinancial sector balance sheets show little sign of stress.Key risks to the macroeconomic outlook are mostly external in nature and stem from the close connection to US markets, the dependency on oil revenues, and potential resurgence of market volatility. A comprehensive financial reform was approved in November 2013 with the objective of increasing the financial sector's contribution to economic growth. The financial reform encompassed revisions to the banking law and other legislation to encourage credit expansion. This entailed a more active role of development banks in extending credit and measures to ensure that private financial institutions would channel credit to productive activities
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  • 25
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Partnership Frameworks
    Series Statement: World Bank E-Library Archive
    Abstract: This Country Partnership Framework (CPF) for Turkey covers the period FY18-21. It is aligned with the objectives of Turkey's 10th Development Plan and is based on the findings of a World Bank Group (WBG) Systematic Country Diagnostic (SCD) that was finalized in February 2017. The CPF aims to help Turkey to achieve its development objectives through building on the foundations of the existing program and consolidating gains in key areas where the WBG is already active, as well as developing the program further in areas which target the WBG twin goals of reducing extreme poverty and boosting shared prosperity. The CPF puts forward a flexible approach for the WBG's program that is appropriate for a middle-income country of Turkey's size and takes account of the evolving country and regional situation
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  • 26
    Language: English
    Pages: 1 Online-Ressource (29 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Deininger, Klaus Gender-Differentiated Impacts of Tenure Insecurity on Agricultural Performance in Malawi's Customary Tenure Systems
    Abstract: Many African countries rely on sporadic land transfers from customary to statutory domains to attract investment and improve agricultural performance. Data from 15,000 smallholders and 800 estates in Malawi allow exploring the long-term effects of such a strategy. The results suggest that (i) most estates are less productive than smallholders; (ii) fear of land loss, although not exclusively due to estates, is associated with a 12 percent productivity loss for females, which is large enough to finance a low-cost tenure regularization program; and (iii) failure to collect realistic land rents implies public revenue losses of up to US
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  • 27
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Water and Sanitation Program
    Series Statement: World Bank E-Library Archive
    Abstract: Cities in the developing world are witnessing unprecedented growth rates. It is expected that 70 percent of the global population will live in cities by 2050. In urban areas, as in rural areas, women and girls are often the primary users, providers, and managers of water in their household, and are the guardians of household hygiene and health. In spaces of urban poverty, such as slums, women and girls experience multiple deprivations that arise from insecurity of land tenure, informal access mechanisms, over- crowding, and the various stresses of urban life. The water supply and sanitation sector, is the juncture at which broader goals of poverty alleviation, social development, gender equality, and sustainable urban development converge. How issues of gender and urban poverty can be addressed comprehensively in the design and implementation of urban water supply and sanitation (UWSS) programs is not yet well understood. In order to address these gaps in knowledge, the World Bank commissioned a study to analyze UWSS issues among the urban poor through a gender and social exclusion lens. Using India, with its burgeoning population and growing number of urban poor, as the context, this study assesses how women, girls, and socially excluded groups are impacted by poor access to water supply and sanitation and how they can be engaged in the design and management of water supply and sanitation programs. It is expected that the findings from this study will inform Government of India's policies in this sector and assist in the design of future World Bank-supported UWSS projects
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  • 28
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Education Study
    Series Statement: World Bank E-Library Archive
    Abstract: This education report is a compliment to the 2017 World Bank led Armenia Systematic Country Diagnostic (SCD), which focuses on how to improve shared prosperity and reduce poverty in Armenia. This report collates information from recent education studies addressing issues with skills development and gender and spatial differences in educational level and quality. Concurrently, this study will try to link key macroeconomic and demographic issues to issues related to the education sector. Thus, this study will provide an overview of the external and internal issues related to improving education and be central with regards to the direction set out in the SCD linking these to poverty and shared prosperity. This study is organized into four main sections intended to provide a comprehensive analysis of Armenia's education landscape. It will begin with an overview of Armenia's current social and economic context and the factors that have contributed to it. Next, it will dive deeper into the relationship between education and the economy and unique spatial aspects associated with income and education inequalities. It will then assess the key challenges within the education system that are contributing to Armenia's current state of affairs. Finally, the study will present policy recommendations based on the information analyzed. In doing so, the aim will be to equip the Republic of Armenia with a strong set of evidence-based education policies and strategies that will promote broad-based prosperity and poverty reduction and move Armenia forward in the next stage of development
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  • 29
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: South Asia Economic Focus
    Series Statement: World Bank E-Library Archive
    Abstract: For eight consecutive quarters South Asia was the fastest-growing region in the world but not anymore. Despite benign global conditions, regional growth has slowed down. This trend is the result of a deceleration in India, the region's powerhouse. Short-term disruptions related to the introduction of the landmark Goods and Services Tax can explain the steep decline observed in the last quarter, but the deceleration has been going on for more than one year. Over this period imports increased sharply while private investment declined. Behind these trends lies a combination of large public sector borrowing (especially by the states), relatively sticky interest rates despite decreasing inflation, and an increasingly stressed financial sector. While growth has slightly accelerated elsewhere in the region, concerns remain. Bangladesh has seen an increase in financial sector risks and in Pakistan macroeconomic discipline has weakened. At 6.7 percent, growth is projected to remain strong in South Asia in 2017, albeit slightly lower than forecast in June. The growth rate is expected to stabilize around 7 percent over the medium term. Consumption should remain strong and private investment should regain momentum thanks to ongoing support from infrastructure development and economic reforms. Measuring GDP is especially challenging in developing countries, where the informal sector is large and institutional constraints can be severe. As a result, GDP growth estimates are often met with skepticism. But new technologies offer an opportunity to improve matters. Luminosity observed from satellites has been shown to be a good proxy for economic activity, and methodologies have been developed in recent years to predict GDP over time and across space based on nightlight intensity. In South Asia's case, GDP predicted using these methodologies closely tracks National Accounts GDP at the aggregate level, and provides a granular picture of GDP at subnational levels. Nightlight intensity also yields new insights on recent economic developments
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  • 30
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank East Asia and Pacific Economic Update
    Series Statement: World Bank E-Library Archive
    Abstract: The economic outlook for the developing EAP region remains positive, and will benefit from an improved external environment as well as strong domestic demand. The growth of regional GDP excluding China is forecast to accelerate in 2018, while China's GDP growth is expected to decline in 2018 and 2019, although remain higher than most countries in the region. Poverty is projected to continue its long-term decline. Major downside risks include financial sector vulnerabilities, large fiscal imbalances, and the possible escalation of geopolitical tensions. The improved outlook for global growth provides a window of opportunity for developing EAP to continue to reduce key vulnerabilities and strengthen the foundations for sustained and inclusive growth in the medium term. The region could also benefit from further developing tourism sectors and deepening of regional integration, to offset the emerging global protectionism. And policies to ensure inclusive growth should involve ensuring economic mobility and security for all, going beyond the primary focus on reducing poverty
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  • 31
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: This report examines the economic and development consequences of antimicrobial resistance(AMR)-the capacity that disease-causing microorganisms acquire to resist the drugs we've createdto fight them. The report uses World Bank Group economic simulation tools to put a price tag onAMR's destructive impacts on the global economy from 2017 through 2050, if adequate measuresaren't taken to contain the AMR threat. The report highlights actions low- and middle-income countries and their development partners can take to counter AMR, and estimates the investment required. It shows that putting resources into AMR containment now is one of the highest-yield investments countries can make. Antimicrobials are drugs that destroy disease-causing microbes, also called pathogens, such as certain bacteria, viruses, parasites, and fungi. The most familiar and important antimicrobials are antibiotics, which treat bacterial infections. Other antimicrobials combat viral and parasitic diseases, such as AIDS and malaria. Since their use began some 70 years ago, antimicrobials have saved hundreds of millions of lives
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  • 32
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The Malawi Economic Monitor (MEM) provides an analysis of economic and structural development issues in Malawi. This edition of the MEM was published in May 2017. It follows on from the four previous editions of the MEM, and is part of an ongoing series, with future editions to follow twice per year. The aim of the publication is to foster better-informed policy analysis and debate regarding the key challenges that Malawi faces in its endeavors to achieve high rates of stable, inclusive and sustainable economic growth. The MEM consists of two parts: Part 1 presents a review of recent economic developments and a macroeconomic outlook. Part 2 focuses in greater depth on a special, selected topic relevant to Malawi's development prospects
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  • 33
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: It is clear that disasters from natural hazards are having extensive impacts on vulnerable communities and the economies of many nations. Japan's comprehensive multi-hazard approach covering weather, climate, ocean-related, and terrestrial services has been applied and developed through numerous experiences of disastrous events, such as the 2011 Great East Japan Earthquake, strong typhoon landfalls, and volcanic eruptions. This summary report aims to provide a knowledge base for policy and decision makers that will allow governments and sponsor organizations to understand the fundamental operations of weather, climate, and hydrological services (together constituting Hydromet services) and consequently target effective funding, in particular to developing countries. It summarizes two detailed and comprehensive supporting reports: (i) a background paper by the Japan Meteorological Business Support Center (JMBSC) on meteorological services; and (ii) a background paper by the Foundation of River and Basin Integrated Communications, Japan (FRICS), on hydrology and water resources. The Japanese model of hydromet services outlined in this summary report and the background papers is an excellent example of a modern service with strong government involvement and institutional governance built up over decades, comprehensive infrastructure, and sound and advanced service delivery. This paper is arranged as follows: (a) Section 2 explains the key historical phases of modernization of each service (as described in the background papers), which led to the current integrated modern service provided for the public good; and (b) Section 3, concludes with a synthesis of the key elements of the Japanese experience understood as a model for countries undertaking modernization, and discusses possible implications for developing countries
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  • 34
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: Large-scale natural disasters are a frequent and common occurrence in Japan. Over the years, Japan has evolved its disaster management system to address all phases of a disaster: from disaster prevention, mitigation, and preparedness, to emergency response, recovery, and rehabilitation. This report consists of four parts: Introduction (Chapter 1, 2, 3), Simulation drills (Chapter 4, 5, 6, 7), Community based activities for disaster awareness and risk communication (Chapter 8, 9), and Conclusion (Chapter 10). The introduction (Chapter 1) starts with an overview of the institutional and legislative frameworks for Disaster Management in Japan (Chapter 2), followed by an overview of disaster simulation drills in Japan, particularly focusing on the Comprehensive Disaster Management Drill Framework, which is an overarching framework for both national and local governments (Chapter 3). The following four chapters present examples of simulation drills organized at the national and regional level, including the National Scope (Chapter 4), and overviews of three prefectures: Hyogo (Chapter 5), Shizuoka (Chapter 6) and Tokyo (Chapter 7). The next part of the report introduces a number of community level activities aimed at increasing residents' disaster awareness and preparedness. These activities are led by various actors, including: a school, an NGO or CSO, and a learning center (Chapter 8). Risk communication activities in Kobe city are introduced (Chapter 9). Finally, the conclusion (Chapter 10) outlines common challenges and offers tips for the planning and implementation of disaster drills in addition to other disaster awareness or preparedness activities. This report was developed to introduce Japanese disaster simulation drills as a model to help other countries plan and implement disaster simulation drill exercises
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  • 35
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: FYR Macedonia has experienced a decline in poverty in the post global financial crisis period (2009-2013) in spite of a weak macroeconomic performance. In contrast to the pre-crisis period when growth was robust but poverty stagnant, poverty indicators indicate an improvement on the living conditions of the bottom of the distribution. Employment gains were the main reason for the increase in welfare among the less well-off, while other income sources like pensions, social assistance or remittances have played a limited role. Labor income at the bottom of the distribution continues to be very low, however, and the sustainability of the employment gains is uncertain as the public sector played an important role for employment expansion in the period. Still, FYR Macedonia faces many challenges looking forward. Despite the recent improvements, poverty and inequality is still high when compared with other countries with similar levels of GDP per capita in the region. Income-generation opportunities for the poor are limited as the poor have very weak labor market attachment, their employment quality is lower than for the rest and are more likely to be employed in low productivity sectors. Inclusive growth seem also to be challenged by the differences in access to high wage jobs for women and the youth. Demographics seem important looking forward, since they will shape future labor markets performance
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  • 36
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Water Papers
    Series Statement: World Bank E-Library Archive
    Abstract: The global commitment to bring universal access to safely managed water supply and sanitation by 2030 set by the Sustainable Development Goals (SDGs) poses an unprecedented challenge. Strong political leadership will be required to bring about sector-wide changes in governance and building technical and administrative capacity at scale. This will pave the way for building, operating, and maintaining cost-effective infrastructure to supply improved and sustained services. The current model of sector finance is insufficient for reaching thee goals. Four interlinked priority actions should be taken to tackle this challenge: (1) make more efficient use of existing resources; (2) use public funds in a more targeted manner; (3) attract domestic commercial finance; and (4) focus on de-risking the sector. Through these steps, countries will be able to leverage each dollar of public funds to crowd in commercial finance, which will have significant and long-term benefits for the sector. Countries should aim to slowly and incrementally introduce commercial finance to the sector, and can ease the transition through a range of available tools
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  • 37
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The election of President Michel Aoun in October 2016 after almost two and a half years of a presidential vacancy, and the subsequent formation of a national unity government have generated hope for the resuscitation of the political process in Lebanon. Nonetheless, the protracted Syrian conflict is markedly worsening the country's vulnerabilities and remains an impediment to the return to potential growth. For the fifth year, Lebanon persists as the largest host (on a per capita basis) for displaced Syrians. In 2016, real GDP growth underwent a slight acceleration to reach an estimated 1.8 percent, compared to 1.3 percent in 2015. This was driven by an improvement in the real estate sector, marking a low threshold-effect from a weak performance in 2015 - cement deliveries expanded by 4.4 percent in 2016 compared to a contraction of 8.6 percent in 2015. Real GDP growth was also boosted by tourist arrivals, an indicator that registered an 11.2 percent growth in 2016. Nonetheless, economic activity persists below potential, inhibited by geopolitical and security conditions, which remain decidedly volatile
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  • 38
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Law and Justice Study
    Series Statement: World Bank E-Library Archive
    Abstract: It is acknowledged that conflict over land is a major source of violence in various parts of Mindanao, particularly the prosed Bangsamoro region. Historical accounts trace the root cause of land issues and identity-based conflict to the introduction of the Regalian doctrine of land ownership by Spanish colonizers. During the American colonial regime at the turn of the 20th century, dispossession of land held by the original inhabitants of Mindanao accelerated, with an emphasis of titling lands for private ownership that clashed with the tradition of ancestral domain. This was further exacerbated by migration instigated by the central government, starting with the development of "agricultural colonies: in the early 1900s to 1940s, to the passage of a series of land reform laws from the 1960s until the end of the 1980s to encourage individual land titling as a strategy for agricultural development. These evens radically altered land ownership patterns in Mindanao, as communal ownership of land by its original inhabitants gave way to individual titles in the possession of settlers from Luzon and the Visayas
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  • 39
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Financial Sector Study
    Series Statement: World Bank E-Library Archive
    Abstract: While current legislation in Serbia covers some fiscal risks and some aspects of how to manage them, important gaps remain in the country's fiscal risk management framework. Based on discussions at a workshop on fiscal risk management held in Serbia in March 2016, stakeholders from across the government have agreed on the need to establish a Fiscal Risk Management Department (FRMD) within the Ministry of Finance. The stated objective of the new department would be to strengthen fiscal risk management and coordination across the government. Specifically, the responsibilities of the department would include (i) ensuring that fiscal risks are properly identified, quantified, monitored, mitigated, and disclosed, and collecting all available information and analysis relevant for fiscal risk management; (ii) providing advice to the minister of finance on issues of fiscal risk and recommending actions to mitigate risks; and (iii) coordinating all government entities that are involved in or relevant for fiscal risk management
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  • 40
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Foreign Trade, Foreign Direct Investment, and Capital Flows Study
    Series Statement: World Bank E-Library Archive
    Abstract: This study assesses the main spillover effects of the Libyan crisis on the Tunisian economy and estimates the crisis' overall social welfare and fiscal impacts on Tunisia. The authors consider four main effects on Tunisia: (i) the increased presence of Libyans in Tunisia (both short- and long-term), and the return of Tunisian workers from Libya; (ii) the level and dynamics of illicit informal trade and informal cash flows between the two countries; (iii) the deterioration of civil security in the region and its effects on private investment and tourism; and (iv) the increase in the Tunisian government's security spending. The chapter is organized as follows. Section one describes the objectives of the investigation and methodology. Section two estimates the number of Libyans living in Tunisia (temporary and permanent) and their demographic characteristics. Section three analyzes the living conditions of Libyan households in Tunisia and provides an estimate of their poverty level. Section four analyzes the shocks to Libyan households, and those households' adaptations and resilience in response to shocks. Section five discusses the migratory decisions of Libyan households, in particular their preference to either return to Libya or remain permanently in Tunisia
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  • 41
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Education Study
    Series Statement: World Bank E-Library Archive
    Abstract: Sustaining in recent years expenditure on early childhood education (ECE) at over a fifth of its education budget, Mongolia is a relatively high spender on pre-primary education. This report examines structural and process aspects of quality in Mongolian kindergartens, along with early development outcomes among children enrolled in these kindergartens, to assess the effectiveness and equity of the country's public investments in ECE. The analysis shows that while the last decade saw tremendous progress in improving access to preschool overall, the most disadvantaged and vulnerable are still excluded from the system. Further, an assessment of child development outcomes shows that even after significant exposure to formal preschool services in the public sector, socioeconomic gaps in outcomes remain large. At the same time, potential areas where relatively low-cost investments could reap significant gains remain unexploited. Key among these is use of home- or community-based ECE interventions that could improve school preparedness among children in rural areas not enrolled in preschools. Another is the potential for an expanded role for the private sector in urban areas
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  • 42
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Water Papers
    Series Statement: World Bank E-Library Archive
    Abstract: This analysis looks specifically at the need to ensure continued development of water resources within Lesotho and aims to empower stakeholders to act with more confidence by demonstrating that the implementation strategies can provide benefits to water resources management over a broad range of possible future scenarios. The analysis quantifies a range of possible future conditions to demonstrate the benefits that can be realized over a broad range of possible future outcomes. This quantification is based on a water resource decision support model developed specifically for Lesotho, using the Water Evaluation and Planning (WEAP) model which couples climate, hydrologic, and water management systems to facilitate an evaluation of the uncertainties and strategies of impacts on specified management metrics. The WEAP model was used to simulate the historic climate based on data from the national government archives and global datasets available in the public domain. These included 121 downscaled Global Climate Model (GCM) projections of future climate over two possible water demand future scenarios, for a total of 244 scenarios up to the year 2050. The analysis concludes the following: (a)Climate change has important determinants for the future, long-term sustainable macroeconomic development of Lesotho: (b)Domestic and industrial water security is highly vulnerable under historical and current climate conditions, as well as under the full range of climate future scenarios; (c) Agriculture production will remain vulnerable to inter-annual variability over the coming decades, particularly with continued reliance on rain fed agriculture; and (d) The Lesotho Highlands Water Project (LHWP) will continue to reliably meet transfers to South Africa over the coming decades unless climate conditions are about 5 percent drier or more than the historical record
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  • 43
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Keywords: 2017 ; Wirtschaftslage ; Wirtschaftsindikator ; Wirtschaftsprognose ; Indonesien
    Abstract: This Indonesia Economic Quarterly (IEQ) reports on the key developments over the past three months in Indonesia's economy as on January 2017. The return of global policy uncertainty and financial market volatility represent risks to Indonesia's growth outlook. However, Indonesia's recent economic performance and policy reforms can help weather these risks. Gross domestic product (GDP) growth eased in third quarter as government consumption fell. The current account deficit narrowed and direct investment was strong in third quarter. Domestic financial conditions remain robust despite recent global headwinds. Fiscal policy credibility was enhanced through expenditure cuts in 2016 and more realistic revenue targets in the approved 2017 Budget. Baseline projections for real GDP growth remain at 5.1 percent for 2016 and 5.3 percent in 2017. Improving the quality of public spending is critical for Indonesia to achieve its development goals in the short to medium term. Student-centered teaching practices result in better student learning outcomes
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  • 44
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The first chapter of the ...
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  • 45
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: The World Bank is sharing the seventh edition of the Economic Update of Madagascar, which presents our analysis for the period up to the beginning of October 2017 and provides our medium-term economic outlook. Despite a challenging start due to two climatic shocks, we project growth at 4.1 percent in 2017, a continuation of the positive trend from last year. Key growth drivers in 2017 are expected to remain as services-related activities, construction works to partly support the reconstruction efforts from the natural disasters, and strong demand for Malagasy textiles from abroad. The severe drought in the first few months of the year affected agricultural activities and reduced hydroelectric power supply. Output for key staples such as rice fell, contributing to higher inflation and an increase in food imports. And in March 2017, Madagascar experienced its most severe cyclone in 13 years, where losses were estimated at USD 400 million, equivalent to approximately 4 percent of GDP
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  • 46
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Rural Study
    Abstract: This report examines the impact of rural connectivity on poverty, access to basic services, and income in Armenia, a country which has found itself in a low-growth, low-investment nexus, with stalled poverty reduction. This study attempts to shed light on the linkages between transport and poverty in Armenia. The rest of the report is structured as follows: Section 1 explains the evolution of selected social, economic, and demographic indicators for Armenia during the analysis period; Section 2 lays out the conceptual framework for operationalizing shared prosperity and poverty in rural transport operations; Section 3 proposes a systematic but non-exhaustive collection of literature on rural road impact studies in low- and middle-income countries; Section 4 examines regional gaps in accessibility to markets and services which were computed with the use of the first geographic information system (GIS) based mapping platform of its kind in Armenia, and introduces the potential association between accessibility and poverty in Armenia; Section 5 characterizes key social and economic indicators in the project's immediate area of influence to then summarize household-level outcomes obtained from a comprehensive qualitative analysis and community-level findings resulting from a nighttime lights analysis; and Section 6 summarizes the lessons learnt and the directions for future research. The report concludes with policy implications from this research and directions for future analytical and operational work on transport and poverty in Armenia
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  • 47
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: At this high-level roundtable, Jim Yong Kim, President of the World Bank Group, suggested three actions at the outset. First, in the wake of disasters like Irma and Maria we should channel resources quickly, flexibly, efficiently, and ensure that they reach those most adversely affected. Second, we need to make sure that we use all existing instruments and knowledge to help build resilience. Third, we need to think creatively and come up with innovative solutions to compounded challenges of the Caribbean: high vulnerability, low growth, and high debt. This could include designing debt for resilience initiatives, mobilizing innovative risk financing tools to better manage fiscal risks related to disorders, and mobilizing private sector participation in working out solutions
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  • 48
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, spoke about the forces in the world that are making us fundamentally rethink the approach to development at the World Bank Group. He described three paths. The first path is to accelerate inclusive and sustainable economic growth, by laying the foundations for more effective public services, by improving governance and tackling corruption, by accelerating infrastructure investment, by lowering real and perceived risks for private investment, by making trade work for everyone, and by creating markets to bring the benefits of private sector rigor and innovation to developing countries. The second path is to invest more, and more effectively in people; the premium on human capital will get higher and higher every year. The demands for digital competency are accelerating. Investing in human development must start early - by ensuring that pregnant women have access to prenatal healthcare, including the right nutrition; by preventing malnutrition in children, so they can develop properly; by ensuring access to quality health care for all; by providing education that prepares students for the jobs of the future; and by building social safety nets that meaningfully protect the poor. The third path is to foster resilience to global shocks and threats. We're living in a time of multiple overlapping crises: pandemics, climate change, refugees, famine. It is critically important to help countries prepare for these crises
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  • 49
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, explained that the MENA Concessional Financing Facility, an innovative approach to addressing the Syrian refugee crisis, has been re-envisioned as a Global Facility to address displacement crises in any middle-income country in the world. He spoke about the importance of education, as the key for economic growth, competitiveness, and social cohesion. It is also the foundation for innovation and development, and opens the way for lifelong opportunities, which are essential for long-term peace and stability. In our rapidly changing world, the nexus of business, government, and education will be critical to build thriving societies. Countries can channel policy, markets, and learning into growth and prosperity for their people
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  • 50
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, answered media questions at the 2017 Spring Meetings Press Conference 2017. He discuss the global economy. He mentioned that the bank faces several overlapping crises, both natural and man-made, all of which add urgency to the mission. He estimated that two-thirds of all jobs that currently exist in developing countries will be wiped out by automation. He seeks new and innovative ways to reach the poor, and make the world more secure and stable. He starts to address a problem by by asking whether the private sector can finance a project
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  • 51
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discussed building new foundations of human solidarity, at a time when those foundations are questioned and even under attack. Peace and stability are critical to our efforts to grow economies and help people lift themselves out of poverty. He reviewed the work of the World Bank Group, especially over the past three decades, and outlined the pillars of the current strategy: accelerating inclusive, sustainable economic growth, building resilience to overlapping shocks and crises, and investing more and more effectively in people
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  • 52
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, is inspired by Belt and Road Initiative, which will improve trade, infrastructure, investment, and people-to-people connectivity - not just across borders, but on a trans-continental scale. It has the potential to lower trade costs, increase competitiveness, improve infrastructure, and provide greater connectivity for Asia and its neighboring regions. To ensure the Belt and Road Initiative's success, we need to remember these things: First, because of the Initiative's sheer size, the estimated investment needs will be large. Second, individual countries are at different stages of development, with varying capabilities, constraints, and risk profiles. They will need support mechanisms to define and meet consistent, satisfactory standards. Third, the benefits of the Belt and Road Initiative are broader than one project or one country. Projects will require innovative financing mechanisms - a mix of public and concessional finance and commercial capital. Finally, our decades of experience with large infrastructure projects suggest that project preparation and appropriate risk allocation will be critical for success
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  • 53
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group (WBG), spoke about how famine can affect children, their health, and their ability to learn and to earn a living, which can hinder development progress for a generation. He reported on the Famine Response Package. He noted important lessons learned through these interventions. First, expanding new partnerships is important to deliver in challenging environments. Second, flexibility is key to adapting to emerging needs. Third, with protracted and recurrent crises as the new normal, more has to be done to ensure that the information, systems, and processes to help countries cope are in place, and to find new solutions through innovative partnerships including the private sector
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  • 54
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: A strong legal framework that forms the basis for the activities of debt managers is crucial for enabling an effective public debt management function. This paper aims to complement discussions on the legal foundations of debt management by detecting and discussing essential elements that allow the government to issue sukuk, the equivalent of bonds, in Islamic finance. Drawing on the cases of recent sovereign issuers, these discussions begin with outlining the clear provision of a mandate to issue and to employ certain public assets in the execution of underlying transactions, as well to establish, engage with, and administer Special Purpose Vehicles used in structuring these issuances. Additional aspects that need to be addressed are the treatment of proceeds and the assurance of investors with regards to debt service. The enabling environment should be complemented by changes in the taxation regime and financial market regulations that facilitate the issuances
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  • 55
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Series Statement: World Bank E-Library Archive
    Abstract: Agriculture sector growth in Myanmar averaged 2.5 percent during 2009/10-2016/17. This compares to only half of the growth rate in neighboring China and Thailand at the same stage of their economic development and less than one-third of nonagricultural growth in Myanmar. This low agricultural growth is one of the main reasons for slow poverty reduction, high malnutrition, and job insecurity in many parts of Myanmar, given the sector's continued significance in gross domestic product (GDP) (29 percent), the labor force (50 percent), and exports (30 percent). This first-ever Agricultural Public Expenditure Review is an important step to deepen the policy dialogue on improving the impact of public services on agricultural growth and other developmental objectives. It covers the period from 2009/10 to 2016/17, analyzing the budgets of the Union Ministry of Agriculture, Livestock and Irrigation (MOALI), selected Regions and States, the Myanmar Agricultural Development Bank's (MADB) financing, and donors. The review focuses on allocative and implementation efficiencies of public expenditures
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  • 56
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The Iran Economic Monitor provides an update on key economic developments and policies over the past six months. It examines these economic developments and policies in a longer-term and global context, and assesses their implications for the outlook for the country. Its coverage has ranged from the macroeconomy to financial markets to indicators of human welfare and development. It is intended for a wide audience, including policy makers, business leaders, financial market participants, and the community of analysts and professionals engaged in Iran
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  • 57
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Financial Sector Assessment Program
    Series Statement: World Bank E-Library Archive
    Abstract: The authorities have actively pursued restoring credibility in the financial system following the collapse of the system's fourth largest bank in 2014. To restore credibility, the authorities - in addition to requesting a Basel Core Principles (BCP) assessment in 2015 and this financial sector assessment program (FSAP) - conducted an asset quality review (AQR) for banks and balance sheet review for non-banks, initiated reforms to Bulgarian National Bank (BNB) supervision and introduced a new bank resolution function. It is important that the authorities continue in their efforts to strengthen the banking sector. The FSAP stress test showed more pronounced effects, though broadly in line with that of the authorities, reflecting differences in approaches. While the financial safety net and crisis management arrangements are based on sound foundations, further effort is needed to fully develop the financial safety net's components. This includes strengthening the early intervention framework, and defining joint BNB - Ministry of Finance (MoF) strategies for liquidity assistance. A more targeted strategy is needed to address high nonperforming loans (NPLs), which can help reinvigorate the economy. A number of reforms are necessary to support the prudent development of the pension and insurance sector
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  • 58
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Series Statement: World Bank E-Library Archive
    Abstract: Ghana has experienced an extended period of robust growth since the early 2000s, supported by a favorable external environment and large investment inflows, particularly in the extractive industries. In 2011, as the start of oil production drove a surge in per capita income, Ghana graduated from low-income to lower-middle-income status. Despite the key role of the extractive industries, recent growth has been relatively inclusive, and Ghana achieved its Millennium Development Goal of halving the poverty rate by 2015. However, macroeconomic conditions have deteriorated since 2012, giving rise to substantial domestic and external imbalances. Although external shocks have underscored Ghana's vulnerability to global commodity and financial markets, the recurring nature of its imbalances reflects deeper structural deficiencies in its macroeconomic policies and public financial management (PFM) framework. A heavy focus on commodity exports has accelerated Ghana's recent growth, but the country's economic outlook increasingly hinges on a narrow range of volatile commodity prices
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  • 59
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Series Statement: World Bank E-Library Archive
    Abstract: Reducing poverty and inequality continues to be an important national priority in Namibia. Vision 2030 - the country's guiding development strategy - has a subordinate vision that points to several goals: "Poverty is reduced to the minimum, the existing pattern of income-distribution is equitable and disparity is at the minimum." Vision 2030 is being implemented via a series of five-year National Development Plans, with the current National Development Plan IV (NDP4) covering 2012 through to 2017. NDP4 sets specific numerical targets. One is reducing the incidence of extreme poverty to less than 10 percent of individuals by the end of FY2016/17, measured at the national lower bound poverty line of N
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 60
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: Zimbabwe's economy grew by 0.7 percent in 2016 despite the combined effect of the El Nino drought and domestic financial turmoil. The drought reduced agricultural output and increased food prices towards the end of the year, despite the government's efforts to boost production and stabilize prices. The public provision of agricultural inputs, the creation of food-for-work programs, and the establishment of price supports for staple foods accentuated the government's expansionary fiscal-policy stance. Meanwhile, the government also increased spending on a cash basis to clear domestic arrears. The authorities financed much of the widening fiscal deficit by issuing Treasury bills purchased by commercial banks and a US
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  • 61
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Urban Study
    Series Statement: World Bank E-Library Archive
    Abstract: The Greater Accra Metropolitan Area (GAMA) is one of the fastest-growing city regions in West Africa. GAMA is exposed to recurrent shocks and stresses on top of numerous developmental challenges and climate change issues that threaten development gains. The deadly floods of June 2015 are a reminder that creating a resilient and inclusive city must be a priority at all government levels. This report summarizes the outcomes of the process and outlines the recommendations that were identified jointly by national and local stakeholders in Ghana and World Bank specialists. Furthermore, the report provides evidence that can be leveraged by the government to request further support from the World Bank and other development partners to implement follow-up actions. The overarching message of this report is that actions are needed now to better manage and mitigate the risks and exposure of Accra to climate change and the associated shocks and stresses, gravely affecting the economy, key sectors, and the lives of households and families. Without any action, Accra remains exposed to significant and recurrent hazards, with a risk of diminishing the development gains made over the last decades. Therefore, as government moves forward to take action on this challenge, this report provides a concrete and detailed forward-looking strategy that may guide and inform policy and budget decisions, and thus eventually leading to a thriving, inclusive and more resilient Greater Accra Metropolitan Area
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  • 62
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Series Statement: World Bank E-Library Archive
    Abstract: This policy note assesses the performance of existing land administration and management (LAM) system in the Philippines in creating an environment for competitive cities. It looks at the influence of LAM (including property rights) in the proper functioning of land markets in urban areas; the effectiveness of land use planning and regulations in shaping urban growth, reducing informality, and improving efficiency in use of space; and the impacts of property valuation and taxation practices in generating revenues to finance local development plans. LAM systems are a fundamental infrastructure for proper functioning of land markets. Well-functioning land markets facilitate investments and growth, improve land allocation, and develop financial markets. For land markets to work efficiently, they must be underpinned by land administration systems that define property rights; guarantee security of tenure; establish a mechanism for registering these rights within reasonable time and costs, and generate information to support property valuation and taxation. Well-defined property rights underpin security of transactions and investments in well-functioning land markets, as these reduce conflicts, decrease transaction costs, and provide incentives for the private sector to invest. Property valuation facilitates efficient disposal and proper compensation of land, equitable land and property taxation, and proper valuation of land as collateral assets. In addition, LAM systems are essential in land use planning that shapes urban growth, improves efficiencies in use and allocation of limited space, and in turn, enhances the performance of land markets. In metropolitan areas, coordinated land use planning is essential to achieve efficiency in service provision, enable connectivity and maximize the potential of agglomeration for city competitiveness. Effective land use planning enables timely provision of investments to influence the shape and pattern of land development. Well-functioning land market and efficient land use are important in creating sustainable and competitive cities
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  • 63
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Series Statement: World Bank E-Library Archive
    Abstract: This policy note discusses promoting inclusive growth by creating opportunities for the urban poor and is part of a broader Philippines urbanization study. Inclusive urbanization requires an integrated multi-dimensional approach that addresses three key dimensions of inclusion - economic, spatial, and social. The three dimensions of inclusion are interrelated and mutually reinforcing. Currently cities fail to keep pace with the rapid urbanization in the Philippines and multi-dimensional poverty in urban areas is deepening and widening. With in-migration from rural areas to urban centers came surges in demand for jobs, housing, infrastructure and basic services in major cities. Yet, the Government has been unable to address the increased demand given the accelerated pace. The result has been proliferation of informal settlers in urban areas without adequate access to decent living conditions. Addressing urban poverty and inequality remains an important challenge for the Philippines and will require a holistic approach that integrates all dimensions of inclusive urbanization
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  • 64
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Series Statement: World Bank E-Library Archive
    Abstract: This policy note discusses strengthening institutions for urban and metropolitan management and service delivery and is part of a broader Philippines urbanization study. Strong institutions are critical to the effective management of cities, the delivery of efficient urban services and infrastructure, and the establishment of an enabling environment for business and job creation. Strong institutions are needed to design and support policies for land and housing markets, raise and equitably redistribute revenues, and promote a safe and sustainable urban environment both at the national and local levels. A number of underlying institutional and governance issues at national and metropolitan levels in the Philippines stand out as binding constraints which have limited the country from optimizing the benefits of urban development. Even as the share of the national population living in urban areas has expanded to around 50 percent, urbanization in the country has never been guided by a comprehensive urban development policy supported by a clearly defined institutional framework. Institutional fragmentation among various oversight and sectorial agencies at the national level has exacerbated the weak institutional environment for urban development. The continuing expansion and population growth of urban areas throughout the country heightens the urgency for adopting comprehensive urban policy and institutional reforms that will enable the country to harness the benefits of urban development and mitigate negative externalities. There are a number of key challenges related to governance and institutions that are hampering successful urbanization: (i) absence of a comprehensive national urban policy; (ii) absence of a lead agency for urban development; (iii) weaknesses in the fiscal decentralization framework; and (iv) metropolitan fragmentation and weak mechanisms for inter-jurisdictional coordination
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  • 65
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: There is a wealth of scientific reports that records the actual climatic changes that have been taking place during recent years. While there is debate over the causes of climate change, the rate at which this phenomenon is increasing is overwhelming - with the evidence indicating that the changes in our environment will impact large parts of the globe. The Transport and ICT Global Practice (T and I) provides clients with physical and virtual connectivity solutions, to facilitate the movement of people, goods and information, thus enabling access to food, jobs, health and education services, and stimulating economic and social development. This report highlights some challenges to the research and academic fraternity in understanding climatic impacts on road networks better, developing more resilient technologies and, most importantly, developing a better understanding to quantify the impact or benefits of climate adaptation strategies. The main conclusion of this report is that asset management, when undertaken according to best practice, is already one of the most significant climate adaptation strategies. With minor adaption to existing asset management processes and techniques, a far greater return may be gained from investment to allow for changing demands on road infrastructure, both from a changing climate and from an ever-changing population. For more information, visit http://www.worldbank.org/en/topic/transport
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  • 66
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: State and Trends of Carbon Pricing
    Series Statement: World Bank E-Library Archive
    Abstract: The report is a one stop shop for learning about key developments and prospects of existing and emerging carbon initiatives. There is a continued momentum for carbon pricing. As of 2017, over 40 national and 25 subnational jurisdictions representing almost a quarter of global greenhouse gas emissions are putting a price on carbon. Over the past decade the number of jurisdictions with carbon pricing initiatives have doubled. On average, carbon pricing initiatives cover about half of the emissions in these jurisdictions, which translates to a total coverage of about 8 Gigatons of carbon dioxide or about 15% of global emissions (a fourfold increase over the past decade)
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  • 67
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Women in Development and Gender Study
    Series Statement: World Bank E-Library Archive
    Abstract: This report summarizes the challenges facing Armenian women at school and in the workplace with a special focus on STEM-related employment. As the world transitions to an increasingly digital economy, jobs in science, technology, engineering, and mathematics (STEM) will become a powerful driver of economic growth in the twenty-first century. Changes in economic productivity brought through technological innovation require countries to focus on STEM; these high-productivity fields are increasingly in demand in the global economy, and are the key to competitiveness and gross domestic product (GDP) growth.Parity between men and women was one of the major achievements of socialist regimes in Eastern Europe and Central Cultural stereotypes about the types of work women should engage in and their responsibilities at home present the strongest barrier to equality between women and men in Armenia Asia. Although access, enrolment, and achievement rates are gender-equal in Armenia, women and girls tend to self-select out of STEM education tracks and career fields. At the level of education institutions, policy actions can address issues of access, information, biases, and system-wide changes to promote gender neutrality. In the short term, schools can engage teachers and students in discussions about the benefits of STEM fields of study and careers, encourage girls to embrace their interest in math and science, and provide positive role models of women who work in STEM careers. Policy action can help women make the school-to-work transition and promote their career advancement once they are working. At a national level, policy and regulatory actions can address systemic issues of bias, market failure, and information. Even at this level, some quick wins are feasible. The government may consider whether public information campaigns are needed to promote positive aspects of STEM careers to students in middle school and above, such as greater income, flexibility, and status, as well as launch a media campaign to promote and celebrate positive female role models in STEM. STEM sectors are an important source of growth for Armenia given the country's geography and closed borders. Also, considering Armenia's adverse demographic trends, lifting women's participation in key growth potential sectors, including STEM, is increasingly critical
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  • 68
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank East Asia and Pacific Economic Update
    Series Statement: World Bank E-Library Archive
    Abstract: The region's growth outlook for 2017-19 remains broadly positive. China's growth moderation and rebalancing are expected to continue. In the region's other large developing economies, growth is projected to pick up slightly. Poverty has continued to decline in most countries and is projected to fall further. Global and regional vulnerabilities place a premium on macroeconomic prudence. Mobilizing additional revenues will create space for measures to support growth and foster inclusion. Some smaller commodity-exporting economies need to focus on lowering threats to fiscal solvency. Much of the region may need to adjust accommodative monetary policies. In China, reforms of the corporate sector, including restructuring of SOEs, and measures to bring credit growth under control are critical to reducing vulnerabilities. Elsewhere in the region, improvements in financial supervision and prudential regulation will be required. Developing EAP economies could benefit significantly from improving the quality of public spending, deepening regional integration, and reducing the agricultural sector's increasingly adverse environmental footprint
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  • 69
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Series Statement: World Bank E-Library Archive
    Abstract: In late 2013, the Ministry of Finance (MoF) of the Federal Government of Somalia (FGS) requested that the World Bank and UNSOM jointly conduct a public expenditure review of the security and justice sectors (SJPER). An SJPER is a tool to assist policy and operational decision-making, analyze tradeoffs, and provide options on critical financially-related issues in defense, as well as criminal justice and policing. Three years later, Somalia is undergoing yet another political transition with the election of a new parliament and ultimately a new president. These steps will augur in a new government in 2017 that will be charged with finalizing some of the key issues around the constitution, including the relationship between the federal state and its federal members, as well as leading the country to democratic elections in 2020. Security and justice issues are hinged to many of these overarching political questions; these are two fundamental 'public goods' that are central to the (re)building of the Somali state and the transition from war to peace. In this context, the SJPER is a technical tool to assist the FGS, the federal members, and their international partners in placing these critical security and justice policy questions within a public finance perspective. As a tool, rather than a one-off report, it should be used by the authorities and partners going forward in terms of testing the critical policy questions against the key dimensions studied here, including affordability, efficiency and effectiveness and accountability
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  • 70
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: The Malawi Economic Monitor (MEM) provides an analysis of economic and structural development issues in Malawi. The aim of the publication is to foster better-informed policy analysis and debate regarding the key challenges that Malawi faces in its endeavor to achieve high rates of stable, inclusive, and sustainable economic growth. Malawi's economy is primarily based on agriculture and heavily reliant on its land resources to achieve social and economic development. The recently promulgated land acts have the potential to create multiple economic and social benefits for Malawi's citizens by improving investor confidence in the business environment, reducing the cost of documenting rights, supporting decentralization, improving land use planning, and protecting vulnerable groups' land rights and livelihoods. The effective implementation of these critical land reforms will ultimately facilitate the attainment of inclusive growth, boost productivity, and generate additional revenue for the government. The MEM consists of two parts: part one presents a review of recent economic developments and a macroeconomic outlook. Part two focuses on a special selected topic relevant to Malawi's development prospects
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  • 71
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, emphasized that the Group sees advancement of women as critical to achieving the ending of extreme poverty and boosting shared prosperity. He discussed the need to overcome constraints faced by women. He discussed a variety of World Bank Group projects helping women entrepreneurs as well as raising women's labor force participation and productivity
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  • 72
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discussed the following topics: 1) actions needed to grow the economies and compete in what will be a more complex, demanding, and digitized future; 2) three ways to end extreme poverty by 2030, and boost shared prosperity among the poorest 40 percent around the world: a) accelerating inclusive, sustainable economic growth, b) building resilience to shocks and threats, and c) investing more and more effectively in people
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  • 73
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group (WBG), offered several strategic considerations for China. First, for the foreseeable future, removing distortions and accelerating diffusion will remain major sources of growth. Getting the basics right - structural reforms in key markets, further improving the broader business environment, ensuring fair competition, and investing in broad-based skills of the labor force - should help drive growth. Second, China should consider how to balance industrial policies with the notion of the third plenum, that the market should play a decisive role in resource allocation. Third, like other countries, China needs to prepare for how technological change will impact the labor force. He concluded by saying that China's leadership has been critical to promoting an open, competitive global economy
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  • 74
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group (WBG), spoke about how the global economy as a whole is in a period of strengthening growth, and this momentum in growth is driven by global manufacturing activity and trade, broadly stable financing conditions, and stabilized commodity prices. Escalating trade protectionism in major economies threatens to derail the rebound in global trade. He explained the severe consequences, especially for emerging markets and developing economies (EMDEs) that rely on trade for growth and development. He insisted on the need to maximize financing for development by leveraging the private sector and optimizing the use of scarce public resources. He spoke about the development of the joint principles for crowding in private sector finance. Crowding in private finance should free up public funds to invest more in people. He concluded by saying that WBG can make the global market system work for everyone through sustainable development, including inclusive economic growth, investing in people, and building resilience to shocks and threats
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  • 75
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Series Statement: World Bank E-Library Archive
    Abstract: The strong economic growth enjoyed by the Dominican Republic following its 2003 domestic crisis was not matched by similarly substantial progress in poverty reduction. While labor productivity grew by an estimated 39 percent between 2000 and 2013, real wages fell with the crisis in 2003/04, and, in 2013, remained below their pre-crisis level. This report presents an assessment of factors related to the functioning of the labor markets that constrained more inclusive growth in the Dominican Republic. It explores several hypotheses related to labor supply factors, job creation, and global trends in returns to labor, as well as issues with statistical measurements that contribute to explain the weak relationship observed between growth and poverty reduction. The analysis finds that growth appears to have been driven by productivity increases rather than by increases in labor inputs. At the same time, low-skilled workers became increasingly concentrated in low-quality jobs and in sectors that saw low productivity growth, a trend enhanced by the loss of manufacturing jobs since 2000. Low rates of labor force participation, particularly among the poor, further limited the ability of households to benefit from growth
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  • 76
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Education Study
    Series Statement: World Bank E-Library Archive
    Abstract: Each year countries suffer great tragedy when natural disasters destroy schools and disrupt children's education. In addition to causing immediate harm to children, there is mounting evidence that the direct impact of natural disasters can translate into a series of indirect long-term effects. For some time, multilateral and bilateral development finance institutions, United Nations (UN) agencies, and nongovernmental organizations (NGOs) have been engaged in efforts to make schools resilient to natural hazards. Despite these efforts, however, the safety of school facilities in many disaster-prone countries is unknown, and governments and donors continue to finance new school construction without taking sufficient account of safety. In 2014, the Global Facility for Disaster Reduction and Recovery (GFDRR) launched the Global Program for Safer Schools (GPSS). Through the GPSS, GFDRR support programs designed to establish safer school facilities in countries where the government has firmly committed to a reform or investment program in the education sector. GFDRR provides technical assistance to ensure that such education sector programs finance safer school facilities. The aim of the GPSS is to make school facilities, and the communities they serve, more resilient to natural hazards. This Roadmap is focused specifically on school infrastructure (which includes the school site and buildings). For investment opportunities to be effective and to have maximum impact at community and national scales, it is important that this support is coordinated with investments in school disaster management, risk reduction and resilience in education, and disaster preparedness in other sectors
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  • 77
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: Climate change is damaging human health now and is projected to have a greater impact in the future. Low- and middle-income countries are seeing the worst effects as they are most vulnerable to climate shifts and least able to adapt given weak health systems and poor infrastructure. Low-carbon approach can provide effective, cheaper care while at the same time being climate smart. Low-carbon healthcare can advance institutional strategies toward low-carbon development and health-strengthening imperatives and inspire other development institutions and investors working in this space. Low-carbon healthcare provides an approach for designing, building, operating, and investing in health systems and facilities that generate minimal amounts of greenhouse gases. It puts health systems on a climate-smart development path, aligning health development and delivery with global climate goals. This approach saves money by reducing energy and resource costs. It can improve the quality of care in a diversity of settings. By prompting ministries of health to tackle climate change mitigation and foster low-carbon healthcare, the development community can help governments strengthen local capacity and support better community health
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  • 78
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: In the last five years, the number of voices calling for stronger international action on climate change and health has increased, as has the scale and depth of activities. But current global efforts in climate and health are inadequately integrated. As a result, actions to address climate change including World Bank Group investment and lending are missing opportunities to simultaneously promote better health outcomes and resilience.This paper begins by identifying the health impacts that are being felt today and that are projected to worsen in the future without efforts to ensure health considerations are central to any and all climate change adaptation and mitigation measures. Chapter 1 includes an outline of the scope of health impacts from climate change and its drivers, the means of transmission, and a description of the drivers of climate change, and their sources. Chapter 2 describes the methodology used to identify these nations and determine their preparedness for coping with these impacts. Chapter 3 identifies hotspot countries based on this analysis, and narrows the focus to those countries that are both most likely to bear the brunt of a greater burden of disease and death from climate change and climate drivers, and that are the least ready to cope. Coping mechanisms through mitigation and adaptation measures, are outlined in Chapter 4, as are the multiple benefits that can be expected from multi-sector, concerted efforts to address health impacts from climate change, and its drivers
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  • 79
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: The study analyzes the SE landscape and related ecosystem of seven SAARC countries: Afghanistan, Bangladesh, Bhutan, Maldives, Nepal, Pakistan and Sri Lanka. The scope of this study is limited to three sectors that are significant for SEs: (a) Agri-business, (b) Healthcare and (c) Renewable Energy. The study covers mapping and evaluation of organized SE activity (government recognized legal structure) within each sector. The selection of the basic services was done based on priorities of WB Systematic Country Diagnostics and various multi-stakeholders consutations.This report attempts to bridge the information gap for the SE ecosystem in the SAARC region excluding India. While analyzing the SE landscape and ecosystem in the South Asian Association for Regional Cooperation (SAARC) countries, this report aims to provide insights to various stakeholders to design initiatives for deeper assessment of the priority sectors and segments for promoting social entrepreneurship across these countries
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  • 80
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: The 'Linking up: Public-Private Partnerships in Power Transmission in Africa' report examines private sector-led investments in transmission globally and how this approach is applicable in sub-Saharan Africa. The private sector has invested over US
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  • 81
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Institutional and Governance Review
    Series Statement: World Bank E-Library Archive
    Abstract: This report was developed ...
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  • 82
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Risk and Vulnerability Assessment
    Series Statement: World Bank E-Library Archive
    Abstract: This report seeks to further the body of disaster risk management (DRM) knowledge in Santa Catarina by identifying flood asset exposure risks and consequently empower the state government and its institutions to include DRM practices and information in their daily operations and decision-making processes, respectively. In this context, a novel study was jointly designed and developed by the World Bank and Santa Catarina's state government with the ultimate aim to produce a state-level Catastrophe (CAT) model. The novelty and depth of the study allowed the team to draw a number of potential policy implications and possible decision making to improve the state's resilience to natural disasters. To the best of the team's knowledge, this is a first-of-its-kind study in Brazil and has potential direct applications to a wide body of professions and institutions in Santa Catarina. Finally, the proposed methodological approach was heavily based on the national census as well as on commonly accessible hydro-meteorological data and topographic information to ensure replicability in other Brazilian states or municipalities
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  • 83
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Water and Sanitation Program
    Series Statement: World Bank E-Library Archive
    Abstract: This report is part of a ...
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  • 84
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Series Statement: World Bank E-Library Archive
    Abstract: This Policy Paper present ...
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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
    Series Statement: World Bank E-Library Archive
    Abstract: India has among the lowest female labor force participation rates (LFPRs) in the world. In particular, low female LFPR is a drag on Gross Domestic Product (GDP) growth and an obstacle towards reaching a higher growth path. Women are also an untapped source of managerial and entrepreneurial skills. By excluding women, the pool of such talent becomes shallower and growth suffers. If the overall lack of jobs, especially regular salaried jobs, plays a large role in India's female LFPR, only a combination of gender-targeted and broader policies towards formal job creation can sustainably raise female LFPR and accelerate India's GDP growth and broader social development. Policies that promote job creation in women-friendly sectors such as apparel, or that help fast-growing modern service sectors absorb more educated women workers would be particularly helpful
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  • 86
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: South Asia Economic Focus
    Series Statement: World Bank E-Library Archive
    Abstract: South Asia remains the fastest growing region in the world. With a strong performance in the eastern part of the region - in particular in Bhutan, Bangladesh and India - the region defied disappointing world growth in 2016. Inflation slowed down in the second half of 2016, mainly due to lower food prices, but appears to be turning up again. Despite recent real exchange rate appreciation, current account balances are mostly in order throughout the region. After a sharp decline triggered by lower oil prices, remittance inflows are stabilizing in most countries and international reserves are mostly at comfortable levels. Progress on fiscal consolidation has been more gradual and public debt levels remain high. South Asia's performance will maintain momentum, with the gap between its growth rate and that of East Asia slightly widening over time. Regional growth is expected to surpass 7 percent from 2018 onwards. Robust domestic demand, an uptick in exports, and steady FDI inflows underlie this positive outlook. But with financial sector risks remaining, creating financing opportunities for private investment remains a challenge. Pressures against international trade are mounting. The negotiation of mega-regional trade agreements stalled, the number of protectionist measures has increased, and existing agreements may be reconsidered. South Asia was already less integrated in global merchandise trade than other regions. In light of current pressures, a legitimate question is whether it should focus on exports as a driver of economic growth and job creation. However, the prospects for the region are better than it seems. The stalled mega-regional trade agreements, which did not include any South Asian country, were expected to reduce South Asia's competitiveness. Simulations on the impact of hypothetical new trade barriers applied across the board suggest that the harm for the region would be limited. And in a scenario where hypothetical new trade barriers would be applied selectively, South Asia could actually benefit from trade diversion. The region also stands to gain from the observed growth recovery in advanced economies, because they are the main markets for its exports. The current globalization backlash should thus not dissuade South Asian countries from having a stronger outward orientation. But the gains for the region would be larger if its exports were more diversified and its supply response were more elastic
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  • 87
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: This report was drafted by a working group of United Nations entities, the World Bank, and other stakeholders to suggest a common understanding of the blue economy; to highlight the importance of such an approach, particularly for small island developing states and coastal least developed countries; to identify some of the key challenges its adoption poses; and to suggest some broad next steps that are called for in order to ensure its implementation. Although the term "blue economy" has been used in different ways, it is understood here as comprising the range of economic sectors and related policies that together determine whether the use of oceanic resources is sustainable. An important challenge of the blue economy is thus to understand and better manage the many aspects of oceanic sustainability, ranging from sustainable fisheries to ecosystem health to pollution. A second significant issue is the realization that the sustainable management of ocean resources requires collaboration across nation-states and across the public-private sectors, and on a scale that has not been previously achieved. This realization underscores the challenge facing the Small Island Developing States (SIDS) and Least Developed Countries (LDCs) as they turn to better managing their blue economies
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  • 88
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The Bangladesh economy is weathering persistent global uncertainties relatively well. Poverty reduction is expected to have continued. Growth remained resilient, aided recently by recovery in exports and private investments. Inflation has decelerated benefitting from soft international commodity prices and prudent macroeconomic management. The outlook for Bangladesh's main export destinations is projected to improve, although downside risks remain elevated. More recently, falling export growth and decline in remittances are emerging near term concerns. According to our model, increased capital accumulation can contribute significantly to boosting growth, but alone cannot deliver a sustainable and accelerated growth path. More is needed, including closing the inter-sectoral productivity gap through increased resource mobility, easing the constraints on firm level productivity and increasing female labor force participation in the formal sectors. In addition, poor infrastructure, inadequate energy supply, and inefficient financial intermediation combined with high cost of doing business remain the key obstacles hindering the realization of Bangladesh's vast economic potential
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  • 89
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: This economic update provides an overview of recent developments in the Nigerian economy.Low oil revenues and the lack of major tax policy reforms to significantly increase non-oil revenues led to large revenue shortfalls at all levels of governmentin 2016. Monetary policy remained accommodative, with broad money growth at 18.5 percent, driven by increased lending from the Central Bank to the Government to finance the budget deficit. After a sharp depreciation of the exchange rate following the June 2016 liberalization of the Naira,the Central Bank of Nigeria (CBN) maintained theinterbank exchange rate at around N 305 per USD. The chapter second describes the World Bank's view on Nigeria's economic outlook for 2017. The chapter third summarizes the findings of a forthcoming Bank report Toward Sustainable Growth in Nigeria: Empirical Analysis and Policy options, which analyzes the patterns of economic growth in Nigeria; the underlying determinants of growth from both a macro and micro perspective; and policy priorities tosupport higher growth. In addition, analysis of constraints to doing business and the impact of current trade policies highlights the need to improve access to finance, improve the reliability of power supply, and adjust trade policies to promote productivity growth
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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
    Series Statement: World Bank E-Library Archive
    Abstract: Economic activity is rebounding strongly in Nepal following two challenging years. On the back of one of the best monsoons in recent years, rice production is estimated to have reached a record high at 5.2 million tons, up from 4.2 million tons a year ago, boosting agricultural output. Postearthquake reconstruction activities are picking up after a slow start. All eligible houses about half a million have received the first of three tranches of the housing grant. The second tranche of the housing grant has started, and is expected to pick up by the end of FY2017. More than 100 megawatts (MW) of hydropower capacity, which was delayed by the earthquakes and trade disruptions, have come on stream. There has been a revival of transport and full normalization of wholesale and retail trade. Tourism is also recovering as arrivals reached precrisis levels during the September-December 2016 tourist season
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  • 91
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Series Statement: World Bank E-Library Archive
    Abstract: Kazakhstan is facing its greatest economic challenge since the global crisis. With oil prices at US
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  • 92
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: This paper examines the current state of the social enterprise sector in Tunisia and its potential for contributing to the country`s development objectives. The paper is based on a literature review, mapping of SEs in Tunisia, a series of interviews with social entrepreneurs and local experts, and an in-depth study of four SEs. The study draws on international policy experiences to provide conclusions and recommendations regarding the role that the government and donors could play to promote social entrepreneurship in Tunisia
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  • 93
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: The objective of this paper is to develop an approach for integrating a gender dimension into Agricultural Sector Risk Assessments (ASRAs). The focus is on the approach because both agricultural risk and gender issues are contextual, thus the outcomes of a gender-based risk assessment are highly dependent on the social, cultural, geo-graphic, and economic contexts of the setting in which the assessment is applied. The organization of the paper reflects the challenges of incorporating a gender dimension into ASRAs. The conceptual framework and step-by-step illustrations presented herein are based on lessons learned by the World Bank and other institutions in assisting developing economies in conducting sector and key commodity supply chain risk assessments (World Bank 2015a). The paper also relies on recent work by international institutions and academic research that offer insights into the complexities of gender issues in relation to agricultural shocks. These experiences inform this paper's case for a gender-based approach to Agriculture Risk Management (ARM) and help to illustrate a practical, stepwise approach for conducting gender-based ASRAs. This paper is arranged as follows: Chapter 2 offers a summary of the conceptual framework for risk management, including addressing why a gendered approach to ASRAs is essential; Chapter 3 shows the available evidence that agricultural risk has a gender-differentiated impact on farming households and that farming households adopt a gender-differentiated response to risk; Chapter 4 describes a step-by-step operational approach for doing so, and includes guidance for formulating gender-smart policies and strategies for strengthening agricultural systems' resilience; and Chapter 5 presents a summary of findings and concluding remarks
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  • 94
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: The World Bank supported West Bengal Accelerated Development of Minor Irrigation Project assumes a centre stage position in the current context of bringing water to every farm (Har Khet ko Pani) under the recently launched Pradhan Mantri Krishi Sinchayee Yojana (PMSKY). With an objective to "enhance agricultural production of small and marginal farmers of the project area in West Bengal through development of minor irrigation infrastructure and agriculture support system", the Project was launched in 2012, partnering the Department of Water Resources Investigation and Development, Government of West Bengal. To achieve its outcomes, the Project focuses on strengthening community-based organizations, especially water users' association with a strong focus on gender aspects, irrigation systems development and improvement, agriculture, horticulture and fisheries development
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  • 95
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Health Study
    Series Statement: World Bank E-Library Archive
    Abstract: Stunting is a widespread and persistent condition in Indonesia with more than one-third of young children being stunted. The national stunting rate for under five-year-olds increased slightly from 3.8 percent in 2007 to 37.2 percent in 2013, based on official stunting rates reported by the Ministry of Health of the Government of Indonesia. During the same time period, the percentage of population in poverty reduced from 16. Percent to 11.4 percent (World Bank), suggesting that the increased purchasing power did not translate to better nutritional outcomes for children
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  • 96
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The Philippine economy remained resilient to global headwinds in 2016. While a slower-than-expected global recovery weakened net exports, surging domestic demands pushed the annual GDP growth rate to 6.8 percent, year-on-year. Investment drove economy-wide growth for the first time since 2013, as the government's expansionary fiscal-policy stance helped capital formation to expand by 20.8 percent year-on-year led by the construction sector. Consumption growth remained strong at a rate of 6.9 percent year-on-year, as accommodative monetary policies kept interest rates low, supporting a double-digit expansion in consumer lending. Meanwhile, low inflation at 1.8 percent boosted households' purchasing power, while a steady increase in remittance inflows accelerated the growth of household consumption. Overall, 2016 saw a marked rise in consumer confidence, reflecting a healthy job market and effective social protection programs
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  • 97
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Health Study
    Series Statement: World Bank E-Library Archive
    Abstract: The fiscal space analysis for the health sector in Zimbabwe is timely and the need for such analysis has been strongly expressed by the government and its development partners. This imperative is Justified on multiple grounds. As the country is hit by an economic crisis resulting in lower revenues and cuts in expenditures, Understanding the consequences and assessing coping strategies for the health sector is critical. As the Country engages in The implementation of its new health sector strategy which sets ambitious targets in terms of Health outcomes towards Universal Health Coverage, it Is also critical to explore ways to increase resources for the sector, Even in A constrained macro-fiscal environment. The fiscal space analysis also highlights the major sources of inefficiencies to identify areas for improvement to increase the value for money in the sector. Overall, the fiscal space analysis aims to generate evidence to inform MOFED and MOHCC on short-term and medium-term options to generate resources for the health sector. It will provide evidence for government partner consultations on short-term options and choices in light of declining public financing for health and a difficult economic growth outlook
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  • 98
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Gender Assessment
    Series Statement: World Bank E-Library Archive
    Abstract: Despite economic progress over the last decade, disparities between women and men remain salient in Armenia, especially in dimensions that are powerfully influenced by social norms. In domains like education and health, gender equality in outcomes in Armenia are broadly comparable with those in Europe and Central Asia and better than those of lower-middle-income countries globally. However, barriers to women's access to economic opportunities persist and gender inequalities are manifest in demographic imbalances, and under-representation in leadership roles. Concerted policy efforts are required to close gender gaps that hamper growth of the overall economy
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  • 99
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Agricultural Study
    Series Statement: World Bank E-Library Archive
    Abstract: The Aral Sea Basin consists of the drainage area of two major rivers, the Amu Darya and the Syr Darya. The rivers originate in the Tien Shan Mountains and the Pamirs, and run through Afghanistan, Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan. An estimated 116 k
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  • 100
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The negative GDP growth r ...
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