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  • English  (177)
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  • 1
    Language: English
    Pages: Online-Ressource (1 online resource (51 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Magnoli Bocchi, Alessandro Rising Growth, Declining Investment
    Keywords: Access to Finance ; Agriculture ; Barriers To Entry ; Debt ; Debt Markets ; Economic Growth ; Economic Theory and Research ; Environment ; Environmental Economics and Policies ; Equilibrium ; Exports ; Finance and Financial Sector Development ; GDP ; Macroeconomics and Economic Growth ; Marginal Product ; Political Economy ; Unemployment ; Wages ; Access to Finance ; Agriculture ; Barriers To Entry ; Debt ; Debt Markets ; Economic Growth ; Economic Theory and Research ; Environment ; Environmental Economics and Policies ; Equilibrium ; Exports ; Finance and Financial Sector Development ; GDP ; Macroeconomics and Economic Growth ; Marginal Product ; Political Economy ; Unemployment ; Wages ; Access to Finance ; Agriculture ; Barriers To Entry ; Debt ; Debt Markets ; Economic Growth ; Economic Theory and Research ; Environment ; Environmental Economics and Policies ; Equilibrium ; Exports ; Finance and Financial Sector Development ; GDP ; Macroeconomics and Economic Growth ; Marginal Product ; Political Economy ; Unemployment ; Wages
    Abstract: The economy of the Philippines is open to trade and capital inflows, and has grown rapidly since 2002. Over the last 10 years, however, domestic investment, while stagnant in real terms, has shrunk as a share of GDP. In an open and growing economy, why the decline? Three reasons explain the puzzle. First, the public sector cannot afford expanding its investment at GDP growth rates. Second, the capital-intensive private sector does not find it convenient to raise investment at the economy's pace. Third, fast-growing businesses in the service sector do not need to rapidly increase investment to enjoy rising profits. Yet, the economy keeps growing. On the demand-side, massive labor migration results in remittances that fuel consumption-led-growth. On the supply-side, free from rent-capturing regulations, a few non-capital-intensive manufactures and services boost exports. The economic system is in equilibrium at a low level of capital stock, where all economic agents have no incentive to unilaterally increase investment and the first mover bears short-term costs. As a consequence, growth is slower and less inclusive than it could be. To make it speedier and more sustainable, and to reduce unemployment and poverty, the economy needs to move to a "high-capital-stock" equilibrium. This would be attainable through better-performing eco-zones, a competitive exchange rate, greater government revenues, and fewer elite-capturing regulations
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  • 2
    Language: English
    Pages: Online-Ressource (1 online resource (29 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Wertz-Kanounnikoff, Sheila The Effects of Local Environmental Institutions On Perceptions of Smoke And Fire Problems In Brazil
    Keywords: Climate change ; Developed countries ; Environment ; Environmental ; Environmental Economics and Policies ; Environmental Kuznets ; Environmental issues ; Environmental policy ; Environmental problem ; Environmental problems ; Land use ; Sustainable Development ; Climate change ; Developed countries ; Environment ; Environmental ; Environmental Economics and Policies ; Environmental Kuznets ; Environmental issues ; Environmental policy ; Environmental problem ; Environmental problems ; Land use ; Sustainable Development ; Climate change ; Developed countries ; Environment ; Environmental ; Environmental Economics and Policies ; Environmental Kuznets ; Environmental issues ; Environmental policy ; Environmental problem ; Environmental problems ; Land use ; Sustainable Development
    Abstract: Environmental concern in developing countries has risen rapidly over the past decade. At the same time, decentralization and civic participation in environmental policy-making have also burgeoned. This paper uses data from the Brazilian Municipal Environmental Survey 2001 to examine the causal effect of municipio (county) level environmental institutions on perceptions about environmental problems in Brazil. Consistent with models of public choice, the analysis assumes that the existence of an environmental secretary or an environmental council is related to characteristics of the municipio population. To control for endogeneity - the possibility that the presence of environmental institutions merely signals constituents' tastes rather than influences municipal actions - the authors construct a system of equations that identifies the causal impact of the institutions. Estimation via a trivariate probit model allows for correlation of unobserved determinants of problem perception, presence of an environmental secretary, and presence of an environmental council. The results suggest that the presence of environmental secretaries has a strong, highly significant, positive causal effect on environmental problem perception. Presence of local environmental councils with civic participation has a significant but weaker impact on environmental problem perception. The authors conclude that local environmental institutions indeed shape local environmental awareness and that participatory institutions can influence local government
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  • 3
    Language: English
    Pages: Online-Ressource (1 online resource (76 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Wellenius, Bjorn Managing the radio spectrum
    Keywords: Access to information ; Broadband ; Climate Change ; Communication Technologies ; E-Business ; Environment ; ICT Policy and Strategies ; Information and Communication Technologies ; Information society ; Mobile services ; Private Sector Development ; Radio ; Radio Spectrum ; Roads and Highways ; Spectrum management ; Technological innovation ; Telecommunications Infrastructure ; Television ; Transport ; Access to information ; Broadband ; Climate Change ; Communication Technologies ; E-Business ; Environment ; ICT Policy and Strategies ; Information and Communication Technologies ; Information society ; Mobile services ; Private Sector Development ; Radio ; Radio Spectrum ; Roads and Highways ; Spectrum management ; Technological innovation ; Telecommunications Infrastructure ; Television ; Transport ; Access to information ; Broadband ; Climate Change ; Communication Technologies ; E-Business ; Environment ; ICT Policy and Strategies ; Information and Communication Technologies ; Information society ; Mobile services ; Private Sector Development ; Radio ; Radio Spectrum ; Roads and Highways ; Spectrum management ; Technological innovation ; Telecommunications Infrastructure ; Television ; Transport
    Abstract: Bringing management of the radio spectrum closer to markets is long overdue. The radio spectrum is a major component of the infrastructure that underpins the information society. Spectrum management, however, has not kept up with major changes in technology, business practice, and economic policy that have taken place worldwide during the last two decades. For many years traditional government administration of the spectrum worked reasonably well, but more recently it has led to growing technical and economic inefficiencies as well as obstacles to technological innovation. Two alternative approaches to spectrum management are being tried in several countries, one driven by the market (tradable spectrum rights) and another driven by technology innovation (spectrum commons). This paper discusses the basic features, advantages and limitations, scope of application, and requirements for implementation of these three approaches. The paper then discusses how these approaches can be made to work under conditions that typically prevail in developing countries, including weak rule of law, limited markets, and constrained fiscal space. Although spectrum reform strategies for individual countries must be developed case by case, several broadly applicable strategic options are outlined. The paper proposes a phased approach to addressing spectrum reform in a country. It ends by discussing aspects of institutional design, managing the transition, and addressing high-level changes such as the transition to digital television, the path to third-generation mobile services, launching of wireless fixed broadband services, and releasing military spectrum. The paper is extensively annotated and referenced
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  • 4
    Language: English
    Pages: Online-Ressource (1 online resource (31 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Timilsina, Govinda R A General Equilibrium Analysis of Demand Side Management Programs Under The Clean Development Mechanism of The Kyoto Protocol
    Keywords: Clean energy ; Climate Change ; Climate change ; Cost of electricity ; Economic Theory and Research ; Electric utilities ; Electricity savings ; Emission ; Energy ; Energy Production and Transportation ; Energy and Environment ; Energy conservation ; Energy prices ; Environment ; Environment and Energy Efficiency ; Environmental consequences ; Macroeconomics and Economic Growth ; Price of electricity ; Clean energy ; Climate Change ; Climate change ; Cost of electricity ; Economic Theory and Research ; Electric utilities ; Electricity savings ; Emission ; Energy ; Energy Production and Transportation ; Energy and Environment ; Energy conservation ; Energy prices ; Environment ; Environment and Energy Efficiency ; Environmental consequences ; Macroeconomics and Economic Growth ; Price of electricity ; Clean energy ; Climate Change ; Climate change ; Cost of electricity ; Economic Theory and Research ; Electric utilities ; Electricity savings ; Emission ; Energy ; Energy Production and Transportation ; Energy and Environment ; Energy conservation ; Energy prices ; Environment ; Environment and Energy Efficiency ; Environmental consequences ; Macroeconomics and Economic Growth ; Price of electricity
    Abstract: This paper analyzes the economic and environmental consequences of a potential demand side management program in Thailand using a general equilibrium model. The program considers replacement of less efficient electrical appliances in the household sector with more efficient counterparts. The study further examines changes in the economic and environmental effects of the program if it is implemented under the clean development mechanism of the Kyoto Protocol, which provides carbon subsidies to the program. The study finds that the demand side management program would increase economic welfare if the ratio of unit cost of electricity savings to price of electricity is 0.4 or lower even in the absence of the clean development mechanism. If the program's ratio of unit cost of electricity savings to price of electricity is greater than 0.4, registration of the program under the clean development mechanism would be needed to achieve positive welfare impacts. The level of welfare impacts would, however, depend on the price of carbon credits the program generates. For a given level of welfare impacts, the registration of the demand side management program under the clean development mechanism would increase the volume of emission reductions
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  • 5
    Language: English
    Pages: Online-Ressource (1 online resource (30 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Seo, S. Niggol A Ricardian Analysis of The Distribution of Climate Change Impacts On Agriculture Across Agro-Ecological Zones In Africa
    Keywords: Climate ; Climate Change ; Climate Change ; Common Property Resource Development ; Environment ; Forestry ; Global Environment ; Global warming ; Greenhouse gas ; Greenhouse gas emissions ; Greenhouse gases ; IPCC ; Intergovernmental Panel on Climate Change ; Rural Development ; Soil ; Climate ; Climate Change ; Climate Change ; Common Property Resource Development ; Environment ; Forestry ; Global Environment ; Global warming ; Greenhouse gas ; Greenhouse gas emissions ; Greenhouse gases ; IPCC ; Intergovernmental Panel on Climate Change ; Rural Development ; Soil ; Climate ; Climate Change ; Climate Change ; Common Property Resource Development ; Environment ; Forestry ; Global Environment ; Global warming ; Greenhouse gas ; Greenhouse gas emissions ; Greenhouse gases ; IPCC ; Intergovernmental Panel on Climate Change ; Rural Development ; Soil
    Abstract: This paper examines the distribution of climate change impacts across the 16 agro-ecological zones in Africa using data from the Food and Agriculture Organization combined with economic survey data from a Global Environment Facility/World Bank project. Net revenue per hectare of cropland is regressed on a set of climate, soil, and socio-economic variables using different econometric specifications "with" and "without" country fixed effects. Country fixed effects slightly reduce predicted future climate related damage to agriculture. With a mild climate scenario, African farmers gain income from climate change; with a more severe scenario, they lose income. Some locations are more affected than others. The analysis of agro-ecological zones implies that the effects of climate change will vary across Africa. For example, currently productive areas such as dry/moist savannah are more vulnerable to climate change while currently less productive agricultural zones such as humid forest or sub-humid zones become more productive in the future. The agro-ecological zone classification can help explain the variation of impacts across the landscape
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  • 6
    Language: English
    Pages: Online-Ressource (1 online resource (46 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Seo, S. Niggol Differential Adaptation Strategies By Agro-Ecological Zones In African Livestock Management
    Keywords: Agriculture ; Animal ; Animal species ; Communities & Human Settlements ; Dairy ; Dairy cattle ; Environment ; Farmer ; Livestock ; Livestock Management ; Livestock and Animal Husbandry ; Livestock operation ; Livestock ownership ; Peri-Urban Communities ; Rural Development ; Rural Urban Linkages ; Sheep ; Urban Development ; Wildlife Resources ; Agriculture ; Animal ; Animal species ; Communities & Human Settlements ; Dairy ; Dairy cattle ; Environment ; Farmer ; Livestock ; Livestock Management ; Livestock and Animal Husbandry ; Livestock operation ; Livestock ownership ; Peri-Urban Communities ; Rural Development ; Rural Urban Linkages ; Sheep ; Urban Development ; Wildlife Resources ; Agriculture ; Animal ; Animal species ; Communities & Human Settlements ; Dairy ; Dairy cattle ; Environment ; Farmer ; Livestock ; Livestock Management ; Livestock and Animal Husbandry ; Livestock operation ; Livestock ownership ; Peri-Urban Communities ; Rural Development ; Rural Urban Linkages ; Sheep ; Urban Development ; Wildlife Resources
    Abstract: This paper examines how farmers have adapted their livestock operation to the current climate in each agro-ecological zone in Africa. The authors examine how climate has affected the farmer's choice to raise livestock or not and the choice of animal species. To measure adaptation, the analysis regresses the farmer's choice on climate, soil, water flow, and socio-economic variables. The findings show that climate does in fact affect the farmer's decision about whether to raise livestock and the species. The paper also simulates how future climates may alter these decisions using forecasts from climate models and the estimated model. With a hot dry scenario, livestock ownership will increase slightly across all of Africa, but especially in West Africa and high elevation agro-ecological zones. Dairy cattle will decrease in semi-arid regions, sheep will increase in the lowlands, and chickens will increase at high elevations. With a mild and wet scenario, however, livestock adoption will fall dramatically in lowland and high latitude moist agro-ecological zones. Beef cattle will increase and sheep will fall in dry zones, dairy cattle will fall precipitously and goats will rise in moist zones, and chickens will increase at high elevations but fall at mid elevations. Livestock adaptations depend on the climate scenario and will vary across the landscape. Agro-ecological zones are a useful way to capture how these changes differ from place to place
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  • 7
    Language: English
    Pages: Online-Ressource (1 online resource (25 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Hochrainer, S Investigating The Impact of Climate Change On The Robustness of Index-Based Microinsurance In Malawi
    Keywords: Banks & Banking Reform ; Climate ; Climate Change ; Climate change ; Climate change risks ; Climate impacts ; Debt Markets ; Environment ; Finance and Financial Sector Development ; Greenhouse gas ; Greenhouse gas concentrations ; Hazard Risk Management ; Heat waves ; IPCC ; Precipitation ; Rainfall ; Urban Development ; Banks & Banking Reform ; Climate ; Climate Change ; Climate change ; Climate change risks ; Climate impacts ; Debt Markets ; Environment ; Finance and Financial Sector Development ; Greenhouse gas ; Greenhouse gas concentrations ; Hazard Risk Management ; Heat waves ; IPCC ; Precipitation ; Rainfall ; Urban Development ; Banks & Banking Reform ; Climate ; Climate Change ; Climate change ; Climate change risks ; Climate impacts ; Debt Markets ; Environment ; Finance and Financial Sector Development ; Greenhouse gas ; Greenhouse gas concentrations ; Hazard Risk Management ; Heat waves ; IPCC ; Precipitation ; Rainfall ; Urban Development
    Abstract: This analysis explores the potential impact of climate change on the viability of the Malawi weather insurance program making use of scenarios of climate change-induced variations in rainfall patterns. The analysis is important from a methodological and policy perspective. By combining catastrophe insurance modeling with climate modeling, the methodology demonstrates the feasibility, albeit with large uncertainties, of estimating the effects of climate change on the near and long-term future of microinsurance schemes serving the poor. By providing a model-based estimate of the incremental role of climate change, along with the associated uncertainties, this methodology can quantitatively demonstrate the need for financial assistance to protect micro-insurance pools against climate-change induced insolvency. This is of major concern to donors, nongovernmental organizations, and others supporting these innovative systems; those actually at-risk; and insurers. A quantitative estimate of the additional burden that climate change imposes on weather insurance for poor regions is of interest to organizations funding adaptation
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  • 8
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (23 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Alaimo, Veronica Oil Intensities And Oil Prices
    Keywords: Climate change ; Crude oil ; Energy ; Energy Demand ; Energy Production and Transportation ; Environment ; Environment and Energy Efficiency ; Fossil ; Fossil fuel ; Fossil fuel consumption ; Gross domestic product ; Macroeconomics and Economic Growth ; Markets and Market Access ; Net oil ; Oil ; Oil Refining & Gas Industry ; Oil consumption ; Oil prices ; Climate change ; Crude oil ; Energy ; Energy Demand ; Energy Production and Transportation ; Environment ; Environment and Energy Efficiency ; Fossil ; Fossil fuel ; Fossil fuel consumption ; Gross domestic product ; Macroeconomics and Economic Growth ; Markets and Market Access ; Net oil ; Oil ; Oil Refining & Gas Industry ; Oil consumption ; Oil prices ; Climate change ; Crude oil ; Energy ; Energy Demand ; Energy Production and Transportation ; Environment ; Environment and Energy Efficiency ; Fossil ; Fossil fuel ; Fossil fuel consumption ; Gross domestic product ; Macroeconomics and Economic Growth ; Markets and Market Access ; Net oil ; Oil ; Oil Refining & Gas Industry ; Oil consumption ; Oil prices
    Abstract: Crude oil prices have dramatically increased over the past years and are now at a historical maximum in nominal terms and very close to it in real terms. It is difficult to argue, at least for net oil importers, that higher oil prices have a positive impact on welfare. In fact, the negative relationship between oil prices and economic activity has been well documented in the literature. Yet, to the extent that higher oil prices lead to lower oil consumption, it would be possible to argue that not all the effects of a price increase are negative. Climate change concerns have been on the rise in recent years and fossil fuel consumption is generally viewed as one of the main causes behind it. Thus this paper explores whether higher oil prices contribute to lowering oil intensities (that is, oil consumption per unit of gross domestic product). The findings show that following an increase in oil prices, OECD countries tend to reduce oil intensity. However, the same result does not hold for Latin America (and more generally for middle-income countries) where oil intensities appear to be unaffected by oil prices. The paper also explores why this is so
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  • 9
    Language: English
    Pages: Online-Ressource (1 online resource (37 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Suarez, Pablo HIV/AIDS, Climate Change And Disaster Management
    Keywords: AIDS pandemic ; Climate Change ; Climate change ; Demand for services ; Disaster preparedness ; Disasters ; Environment ; HIV AIDS ; Hazard Risk Management ; Health Monitoring & Evaluation ; Health, Nutrition and Population ; Policy research ; Policy research working paper ; Population Policies ; Progress ; Urban Development ; Urban development ; Vulnerability ; AIDS pandemic ; Climate Change ; Climate change ; Demand for services ; Disaster preparedness ; Disasters ; Environment ; HIV AIDS ; Hazard Risk Management ; Health Monitoring & Evaluation ; Health, Nutrition and Population ; Policy research ; Policy research working paper ; Population Policies ; Progress ; Urban Development ; Urban development ; Vulnerability ; AIDS pandemic ; Climate Change ; Climate change ; Demand for services ; Disaster preparedness ; Disasters ; Environment ; HIV AIDS ; Hazard Risk Management ; Health Monitoring & Evaluation ; Health, Nutrition and Population ; Policy research ; Policy research working paper ; Population Policies ; Progress ; Urban Development ; Urban development ; Vulnerability
    Abstract: Southern African institutions involved in disaster management face two major new threats: the HIV/AIDS pandemic (eroding organizational capacity and increasing vulnerability of the population), and climate change (higher risk of extreme events and disasters). Analyzing the combined effects of these two threats on six disaster-related institutions in Malawi, the authors find evidence of a growing gap between demand for their services and capacity to satisfy that demand. HIV/AIDS leads to staff attrition, high vacancy rates, absenteeism, increased workload and other negative effects enhanced by human resources policies and financial limitations. Many necessary tasks cannot be carried out adequately with constraints such as the 42 percent vacancy rate in the Department of Poverty and Disaster Management Affairs, or the reduction of rainfall stations operated by the Meteorological Service from over 800 in 1988 to just 135 in 2006. The authors highlight implications of declining organizational capacity for climate change adaptation, and formulate recommendations
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  • 10
    Language: English
    Pages: Online-Ressource (1 online resource (28 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Wang, Jinxia How China's Farmers Adapt To Climate Change
    Keywords: Agriculture ; Climate Change ; Common Property Resource Development ; Cotton ; Crop ; Crops and Crop Management Systems ; Environment ; Farmers ; Maize ; Oil crops ; Potatoes ; Poverty Reduction ; Rice ; Rural Development ; Rural Poverty Reduction ; Sugar ; Vegetables ; Wheat ; Agriculture ; Climate Change ; Common Property Resource Development ; Cotton ; Crop ; Crops and Crop Management Systems ; Environment ; Farmers ; Maize ; Oil crops ; Potatoes ; Poverty Reduction ; Rice ; Rural Development ; Rural Poverty Reduction ; Sugar ; Vegetables ; Wheat ; Agriculture ; Climate Change ; Common Property Resource Development ; Cotton ; Crop ; Crops and Crop Management Systems ; Environment ; Farmers ; Maize ; Oil crops ; Potatoes ; Poverty Reduction ; Rice ; Rural Development ; Rural Poverty Reduction ; Sugar ; Vegetables ; Wheat
    Abstract: This paper uses a cross sectional method to analyze irrigation choice and crop choice across 8,405 farmers in 28 provinces in China. The findings show that Chinese farmers are more likely to irrigate when facing lower temperatures and less precipitation. Farmers in warmer places are more likely to choose oil crops, maize, and especially cotton and wheat, and are less likely to choose vegetables, potatoes, sugar, and especially rice and soybeans. In wetter locations, farmers are more likely to choose soybeans, oil crops, sugar, vegetables, cotton, and especially rice, and they are less likely to choose potatoes, wheat, and especially maize. The analysis of how Chinese farmers have adapted to current climate, provides insight into how they will likely adapt when climate changes. Future climate scenarios will cause farmers in China to want to reduce irrigation and shift toward oil crops, wheat, and especially cotton. In turn, farmers will shift away from potatoes, rice, vegetables, and soybeans. However, adaptation will likely vary greatly from region to region. Policy makers should anticipate that adaptation is important, that the magnitude of changes depends on the climate scenario, and that the desired changes depend on the location of each farm
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  • 11
    Language: English
    Pages: Online-Ressource (1 online resource (40 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Dinar, Ariel Factors Affecting Levels of International Cooperation In Carbon Abatement Projects
    Keywords: Abatement ; C ; Carbon ; Carbon dioxide ; Clean development mechanism ; Climate change ; Debt Markets ; Economic Theory and Research ; Economic development ; Economics ; Emerging Markets ; Emission reductions ; Emissions ; Energy ; Energy Production and Transportation ; Energy and Environment ; Environment ; Environment and Energy Efficiency ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Information and Communication Technologies ; Macroeconomics and Economic Growth ; Private Sector Development ; Sustainable development ; Abatement ; C ; Carbon ; Carbon dioxide ; Clean development mechanism ; Climate change ; Debt Markets ; Economic Theory and Research ; Economic development ; Economics ; Emerging Markets ; Emission reductions ; Emissions ; Energy ; Energy Production and Transportation ; Energy and Environment ; Environment ; Environment and Energy Efficiency ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Information and Communication Technologies ; Macroeconomics and Economic Growth ; Private Sector Development ; Sustainable development ; Abatement ; C ; Carbon ; Carbon dioxide ; Clean development mechanism ; Climate change ; Debt Markets ; Economic Theory and Research ; Economic development ; Economics ; Emerging Markets ; Emission reductions ; Emissions ; Energy ; Energy Production and Transportation ; Energy and Environment ; Environment ; Environment and Energy Efficiency ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Information and Communication Technologies ; Macroeconomics and Economic Growth ; Private Sector Development ; Sustainable development
    Abstract: The Clean Development Mechanism, a provision of The Kyoto Protocol, allows countries that have pledged to reduce their greenhouse gas emissions to gain credit toward their treaty obligations by investing in projects located in developing (host) countries. Such projects are expected to benefit both parties by providing low-cost abatement opportunities for the investor-country, while facilitating capital and technology flows to the host country. This paper analyzes the Clean Development Mechanism market, emphasizing the cooperation aspects between host and investor countries. The analysis uses a dichotomous (yes/no) variable and three continuous variants to measure the level of cooperation, namely the number of joint projects, the volume of carbon dioxide abatement, and the volume of investment in the projects. The results suggest that economic development, institutional development, the energy structure of the economies, the level of country vulnerability to various climate change effects, and the state of international relations between the host and investor countries are good predictors of the level of cooperation in Clean Development Mechanism projects. The main policy conclusions include the importance of simplifying the project regulation/clearance cycle; improving the governance structure host and investor countries; and strengthening trade or other long-term economic activities that engage the countries
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  • 12
    Language: English
    Pages: Online-Ressource (1 online resource (36 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Gelb, Alan What Matters to African Firms?
    Keywords: Access To Credit ; Access To Finance ; Access to Finance ; Corruption ; Discrimination ; Earnings ; Economic Cooperation ; Emerging Markets ; Entrepreneurs ; Environment ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Governance ; Governance Indicators ; International Bank ; Microfinance ; Multinationals ; Private Sector Development ; Sales Growth ; Access To Credit ; Access To Finance ; Access to Finance ; Corruption ; Discrimination ; Earnings ; Economic Cooperation ; Emerging Markets ; Entrepreneurs ; Environment ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Governance ; Governance Indicators ; International Bank ; Microfinance ; Multinationals ; Private Sector Development ; Sales Growth ; Access To Credit ; Access To Finance ; Access to Finance ; Corruption ; Discrimination ; Earnings ; Economic Cooperation ; Emerging Markets ; Entrepreneurs ; Environment ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Governance ; Governance Indicators ; International Bank ; Microfinance ; Multinationals ; Private Sector Development ; Sales Growth
    Abstract: Can perceptions data help us understand investment climate constraints facing the private sector? Or do firms simply complain about everything? In this paper, the authors provide a picture of how firms' views on constraints differ across countries in Sub-Saharan Africa. Using the World Bank's Enterprise Surveys database, they find that reported constraints reflect country characteristics and vary systematically by level of income-the most elemental constraints to doing business (power, access to finance, ability to plan ahead) appear to be most binding at low levels of income. As countries develop and these elemental constraints are relaxed, governance-related constraints become more problematic. As countries move further up the income scale and the state becomes more capable, labor regulation is perceived to be more of a problem-business is just one among several important constituencies. The authors also consider whether firm-level characteristics-such as size, ownership, exporter status, and firms' own experience-affect firms' views on the severity of constraints. They find that, net of country and sector fixed effects and firm characteristics, firms' views do reflect their experience as evidenced by responses to other questions in surveys. The results suggest that there are both country-level and firm-level variations in the investment climate. Turning to the concept of "binding constraints," the Enterprise Surveys do not generally suggest one single binding constraint facing firms in difficult business climates. However, there do appear to be groups of constraints that matter more at different income levels, with a few elemental constraints being especially important at low levels and a few regulatory constraints at high levels, but a difficult range of governance-related constraints at intermediate levels. Adjusting to a constraint does not mean that firms then do not recognize it-for example, generator-owning firms are not distinguishable from other firms when ranking electricity as a constraint. Overall, firms do appear to discriminate between constraints in a reasonable way. Their views can provide a useful first step in the business-government consultative process and help in prioritizing more specific behavioral analysis and policy reforms
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  • 13
    Language: English
    Pages: Online-Ressource (1 online resource (41 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Wang, Jinxia Can China Continue Feeding Itself ?
    Keywords: Agricultural Commodities ; Agriculture ; Climate ; Climate Change ; Climate Change ; Climate Changes ; Common Property Resource Development ; Crops and Crop Management Systems ; Environment ; Forestry ; Global Environment ; Global Warming ; Greenhouse Gases ; Ipcc ; Precipitation ; Rural Development ; Rural Development Knowledge and Information Systems ; Temperature ; Agricultural Commodities ; Agriculture ; Climate ; Climate Change ; Climate Change ; Climate Changes ; Common Property Resource Development ; Crops and Crop Management Systems ; Environment ; Forestry ; Global Environment ; Global Warming ; Greenhouse Gases ; Ipcc ; Precipitation ; Rural Development ; Rural Development Knowledge and Information Systems ; Temperature ; Agricultural Commodities ; Agriculture ; Climate ; Climate Change ; Climate Change ; Climate Changes ; Common Property Resource Development ; Crops and Crop Management Systems ; Environment ; Forestry ; Global Environment ; Global Warming ; Greenhouse Gases ; Ipcc ; Precipitation ; Rural Development ; Rural Development Knowledge and Information Systems ; Temperature
    Abstract: Several studies addressing the supply and demand for food in China suggest that the nation can largely meet its needs in the coming decades. However, these studies do not consider the effects of climate change. This paper examines whether near future expected changes in climate are likely to alter this picture. The authors analyze the effect of temperature and precipitation on net crop revenues using a cross section consisting of both rainfed and irrigated farms. Based on survey data from 8,405 households across 28 provinces, the results of the Ricardian analysis demonstrate that global warming is likely to be harmful to China but the impacts are likely to be very different in each region. The mid latitude region of China may benefit from warming but the southern and northern regions are likely to be damaged by warming. More precipitation is beneficial to Chinese farmers except in the wet southeast. Irrigated and rainfed farmers have similar responses to precipitation but not to temperature. Warmer temperatures may benefit irrigated farms but they are likely to harm rainfed farms. Finally, seasonal effects vary and are offsetting. Although we were able to measure the direct effect of precipitation and temperature, we could not capture the effects of change in water flow which will be very important in China. Can China continue feeding itself if climate changes? Based on the empirical results, the likely gains realized by some farmers will nearly offset the losses that will occur to other farmers in China. If future climate scenarios lead to significant reductions in water, there may be large damages not addressed in this study
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  • 14
    Language: English
    Pages: Online-Ressource (1 online resource (39 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Fengler, Wolfgang Managing Post-Disaster Reconstruction Finance
    Keywords: Conflict and Development ; Disaster ; Disaster Management ; Disasters ; Droughts ; Earthquakes ; Environment ; Floods ; Natural Disaster ; Natural Disasters ; Natural Disasters ; Post Conflict Reconstruction ; Post Conflict Reintegration ; Reconstruction ; Social Accountability ; Social Development ; Tsunami ; Wind Storms ; Conflict and Development ; Disaster ; Disaster Management ; Disasters ; Droughts ; Earthquakes ; Environment ; Floods ; Natural Disaster ; Natural Disasters ; Natural Disasters ; Post Conflict Reconstruction ; Post Conflict Reintegration ; Reconstruction ; Social Accountability ; Social Development ; Tsunami ; Wind Storms ; Conflict and Development ; Disaster ; Disaster Management ; Disasters ; Droughts ; Earthquakes ; Environment ; Floods ; Natural Disaster ; Natural Disasters ; Natural Disasters ; Post Conflict Reconstruction ; Post Conflict Reintegration ; Reconstruction ; Social Accountability ; Social Development ; Tsunami ; Wind Storms
    Abstract: In recent years, natural and man-made disasters have confronted the international community with its most demanding reconstruction challenges since the aftermath of World War II. Managing the inflow of resources and spending those resources well have proven to be two of the main difficulties in such reconstruction projects, particularly after large-scale disasters. A central dilemma of the public financial management of reconstruction is the need for very high levels of accountability to demonstrate fiduciary credibility, while at the same time ensuring the rapid implementation of recovery programs. This paper identifies options and lessons for managing post-disaster reconstruction finance in three key areas: (i) the establishment of special institutions to manage the reconstruction process; (ii) the selection of public financial management systems with respect to the application of country systems, special fiduciary arrangements, or donor/NGO execution; and (iii) monitoring and evaluation systems. The authors synthesize the phasing of assistance and approaches in eight recent post-natural disaster reconstruction efforts (Aceh-Indonesia, Yogyakarta-Indonesia, Sri Lanka, Maldives, Pakistan, Colombia, Grenada, and Honduras) to help guide the priorities and options for future instances of public financial management for disaster reconstruction. The paper also compares the challenges posed by post-conflict versus post-natural disaster public financial management
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  • 15
    Language: English
    Pages: Online-Ressource (1 online resource (71 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Saleth, R. Maria Quantifying Institutional Impacts And Development Synergies In Water Resource Programs
    Keywords: Agriculture ; Climate Change ; Development policy ; E-Business ; Econometric Analysis ; Econometric models ; Economic Theory and Research ; Economic implications ; Environment ; Equations ; Externalities ; Food and Beverage Industry ; Industry ; Macroeconomics and Economic Growth ; Political economy ; Poverty Reduction ; Private Sector Development ; Rural Development ; Rural Poverty Reduction ; Trade policy ; Utility maximization ; Agriculture ; Climate Change ; Development policy ; E-Business ; Econometric Analysis ; Econometric models ; Economic Theory and Research ; Economic implications ; Environment ; Equations ; Externalities ; Food and Beverage Industry ; Industry ; Macroeconomics and Economic Growth ; Political economy ; Poverty Reduction ; Private Sector Development ; Rural Development ; Rural Poverty Reduction ; Trade policy ; Utility maximization ; Agriculture ; Climate Change ; Development policy ; E-Business ; Econometric Analysis ; Econometric models ; Economic Theory and Research ; Economic implications ; Environment ; Equations ; Externalities ; Food and Beverage Industry ; Industry ; Macroeconomics and Economic Growth ; Political economy ; Poverty Reduction ; Private Sector Development ; Rural Development ; Rural Poverty Reduction ; Trade policy ; Utility maximization
    Abstract: The success of development programs, including water resource projects, depends on two key factors: the role of underlying institutions and the impact synergies from other closely related programs. Existing methodologies have limitations in accounting for these critical factors. This paper fills this gap by developing a methodology, which quantifies both the roles that institutions play in impact generation and the extent of impact synergies that flows from closely related programs within a unified framework. The methodology is applied to the Kala Oya Basin in Sri Lanka in order to evaluate the impacts of three water-related programs and the roles of 11 institutions in the context of food security. The results provide considerable insights on the relative role of institutions and the flow of development synergies both within and across different impact pathways. The methodology can also be used to locate slack in impact chains and identify policy options to enhance the impact flows
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  • 16
    Language: English
    Pages: Online-Ressource (1 online resource (31 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Seo, Niggol Long-Term Adaptation
    Keywords: Agriculture ; Agriculture and Farming Systems ; Agroclimatic conditions ; Climate Change ; Crop ; Crops and Crop Management Systems ; Ecological Zones ; Ecological zone ; Environment ; FAO ; Farm ; Farmers ; Farming ; Farms ; Livestock and Animal Husbandry ; Poor households ; Rural Development Knowledge and Information Systems ; Agriculture ; Agriculture and Farming Systems ; Agroclimatic conditions ; Climate Change ; Crop ; Crops and Crop Management Systems ; Ecological Zones ; Ecological zone ; Environment ; FAO ; Farm ; Farmers ; Farming ; Farms ; Livestock and Animal Husbandry ; Poor households ; Rural Development Knowledge and Information Systems ; Agriculture ; Agriculture and Farming Systems ; Agroclimatic conditions ; Climate Change ; Crop ; Crops and Crop Management Systems ; Ecological Zones ; Ecological zone ; Environment ; FAO ; Farm ; Farmers ; Farming ; Farms ; Livestock and Animal Husbandry ; Poor households ; Rural Development Knowledge and Information Systems
    Abstract: Using economic data from more than 8,500 household surveys across 10 African countries, this paper examines whether the choice of farm type depends on the climate and agro-ecological zone of each farm. The paper also studies how farm type choice varies across farmers in each zone, using a multinomial logit choice model. Farmers are observed to choose from one of the following five types of farms: rainfed crop-only, irrigated crop-only, mixed rainfed (crop and livestock), mixed irrigated, and livestock-only farming. The authors compare current decisions against future decisions as if the only change were climate change. They focus on two climate scenarios from existing climate models: the Canadian Climate Centre scenario, which is hot and dry, and the Parallel Climate Model scenario, which is mild and wet. The results indicate that the change in farm types varies dramatically by climate scenario but also by agro-ecological zone. Policy makers must be careful to encourage the appropriate suite of measures to promote the most adapted farm type to each location
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  • 17
    Language: English
    Pages: Online-Ressource (1 online resource (45 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Tosun, Mehmet Serkan Centralization, Decentralization, And Conflict In The Middle East And North Africa
    Keywords: Banks and Banking Reform ; Consolidation ; D ; Decentralization ; Environment ; Finance and Financial Sector Development ; Fiscal decentralization ; Inflation ; Intergovernmental Fiscal Relations and Local Finance Management ; Intergovernmental relations ; Municipal Financial Management ; Public Sector Economics and Finance ; Public Sector Expenditure Analysis and Management ; Reorganization ; Tax administration ; Tax assignment ; Tax collection ; Taxation ; Urban Development ; Banks and Banking Reform ; Consolidation ; D ; Decentralization ; Environment ; Finance and Financial Sector Development ; Fiscal decentralization ; Inflation ; Intergovernmental Fiscal Relations and Local Finance Management ; Intergovernmental relations ; Municipal Financial Management ; Public Sector Economics and Finance ; Public Sector Expenditure Analysis and Management ; Reorganization ; Tax administration ; Tax assignment ; Tax collection ; Taxation ; Urban Development ; Banks and Banking Reform ; Consolidation ; D ; Decentralization ; Environment ; Finance and Financial Sector Development ; Fiscal decentralization ; Inflation ; Intergovernmental Fiscal Relations and Local Finance Management ; Intergovernmental relations ; Municipal Financial Management ; Public Sector Economics and Finance ; Public Sector Expenditure Analysis and Management ; Reorganization ; Tax administration ; Tax assignment ; Tax collection ; Taxation ; Urban Development
    Abstract: This paper examines broadly the intergovernmental structure in the Middle East and North Africa region, which has one of the most centralized government structures in the world. The authors address the reasons behind this centralized structure by looking first at the history behind the tax systems of the region. They review the Ottoman taxation system, which has been predominantly influential as a model, and discuss its impact on current government structure. They also discuss the current intergovernmental structure by examining the type and degree of decentralization in five countries representative of the region: Egypt, Iran, West Bank/Gaza, Tunisia, and Yemen. Cross-country regression analysis using panel data for a broader set of countries leads to better understanding of the factors behind heavy centralization in the region. The findings show that external conflicts constitute a major roadblock to decentralization in the region
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  • 18
    Language: English
    Pages: Online-Ressource (1 online resource (30 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Deininger, Klaus Land Reforms, Poverty Reduction, And Economic Growth
    Keywords: Asset Redistribution ; Economic Growth ; Environment ; Environmental Economics and Policies ; Income ; Income Growth ; Inequality ; Land Reform ; Land Reforms ; Macroeconomics and Economic Growth ; Municipal Housing and Land ; Political Economy ; Poverty Reduction ; Poverty Reduction ; Rural ; Rural Development ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Poverty Reduction ; Asset Redistribution ; Economic Growth ; Environment ; Environmental Economics and Policies ; Income ; Income Growth ; Inequality ; Land Reform ; Land Reforms ; Macroeconomics and Economic Growth ; Municipal Housing and Land ; Political Economy ; Poverty Reduction ; Poverty Reduction ; Rural ; Rural Development ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Poverty Reduction ; Asset Redistribution ; Economic Growth ; Environment ; Environmental Economics and Policies ; Income ; Income Growth ; Inequality ; Land Reform ; Land Reforms ; Macroeconomics and Economic Growth ; Municipal Housing and Land ; Political Economy ; Poverty Reduction ; Poverty Reduction ; Rural ; Rural Development ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Poverty Reduction
    Abstract: Recognition of the importance of institutions that provide security of property rights and relatively equal access to economic resources to a broad cross-section of society has renewed interest in the potential of asset redistribution, including land reforms. Empirical analysis of the impact of such policies is, however, scant and often contradictory. This paper uses panel household data from India, together with state-level variation in the implementation of land reform, to address some of the deficiencies of earlier studies. The results suggest that land reform had a significant and positive impact on income growth and accumulation of human and physical capital. The paper draws policy implications, especially from the fact that the observed impact of land reform seems to have declined over time
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  • 19
    Language: English
    Pages: Online-Ressource (1 online resource (36 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Deininger, Klaus Securing Property Rights In Transition
    Keywords: Access to Finance ; Common Property Resource Development ; Communities & Human Settlements ; Conceptual Framework ; Economic Development ; Economic Growth ; Economic Policies ; Effective Use ; Environment ; Environmental Economics and Policies ; Environments ; Finance and Financial Sector Development ; Land Use ; Municipal Housing and Land ; Private Property ; Property Rights ; Real Estate Development ; Retained Earnings ; Rural Development ; Access to Finance ; Common Property Resource Development ; Communities & Human Settlements ; Conceptual Framework ; Economic Development ; Economic Growth ; Economic Policies ; Effective Use ; Environment ; Environmental Economics and Policies ; Environments ; Finance and Financial Sector Development ; Land Use ; Municipal Housing and Land ; Private Property ; Property Rights ; Real Estate Development ; Retained Earnings ; Rural Development ; Access to Finance ; Common Property Resource Development ; Communities & Human Settlements ; Conceptual Framework ; Economic Development ; Economic Growth ; Economic Policies ; Effective Use ; Environment ; Environmental Economics and Policies ; Environments ; Finance and Financial Sector Development ; Land Use ; Municipal Housing and Land ; Private Property ; Property Rights ; Real Estate Development ; Retained Earnings ; Rural Development
    Abstract: This paper is motivated by the emphasis on secure property rights as a determinant of economic development in recent literature. The authors use village and household level information from about 800 villages throughout China to explore whether legal reform increased protection of land rights against unauthorized reallocation or expropriation with below-average compensation by the state. The analysis provides nation-wide evidence on a sensitive topic. The authors find positive impacts, equivalent to increasing land values by 30 percent, of reform even in the short term. Reform originated in villages where democratic election of leaders ensured a minimum level of accountability, pointing toward complementarity between good governance and legal reform. The paper explores the implications for situations where individuals and groups hold overlapping rights to land
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  • 20
    Language: English
    Pages: Online-Ressource (1 online resource (48 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Mundlak, Yair Heterogeneous Technology And Panel Data
    Keywords: Agriculture ; Economic Theory and Research ; Economic growth ; Elasticity ; Elasticity of substitution ; Environment ; Environmental Economics and Policies ; Factor demand ; Macroeconomics and Economic Growth ; Production Function ; Production functions ; Productivity ; Productivity growth ; Total factor productivity ; Agriculture ; Economic Theory and Research ; Economic growth ; Elasticity ; Elasticity of substitution ; Environment ; Environmental Economics and Policies ; Factor demand ; Macroeconomics and Economic Growth ; Production Function ; Production functions ; Productivity ; Productivity growth ; Total factor productivity ; Agriculture ; Economic Theory and Research ; Economic growth ; Elasticity ; Elasticity of substitution ; Environment ; Environmental Economics and Policies ; Factor demand ; Macroeconomics and Economic Growth ; Production Function ; Production functions ; Productivity ; Productivity growth ; Total factor productivity
    Abstract: The paper presents empirical analysis of a panel of countries to estimate an agricultural production function using a measure of capital in agriculture absent from most studies. The authors employ a heterogeneous technology framework where implemented technology is chosen jointly with inputs to interpret information obtained in the empirical analysis of panel data. The paper discusses the scope for replacing country and time effects by observed variables and the limitations of instrumental variables. The empirical results differ from those reported in the literature for cross-country studies, largely in augmenting the role of capital, in combination with productivity gains, as a driver of agricultural growth. The results indicate that total factor productivity increased at an average rate of 3.2 percent, accounting for 59 percent of overall growth. Most of the remaining gains stem from large inflows of fixed capital into agriculture. The results also suggest possible constraints to fertilizer use
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  • 21
    Language: English
    Pages: Online-Ressource (1 online resource (56 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Goldberg, Mike Chile
    Keywords: Access to Finance ; Banks and Banking Reform ; Business Environment ; Business development ; Competitiveness ; E-Business ; Environment ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Information system ; Innovation ; Institution ; Medium Enterprises ; Microfinance ; Private Sector ; Private Sector Development ; Supervision ; Web ; Access to Finance ; Banks and Banking Reform ; Business Environment ; Business development ; Competitiveness ; E-Business ; Environment ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Information system ; Innovation ; Institution ; Medium Enterprises ; Microfinance ; Private Sector ; Private Sector Development ; Supervision ; Web ; Access to Finance ; Banks and Banking Reform ; Business Environment ; Business development ; Competitiveness ; E-Business ; Environment ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Information system ; Innovation ; Institution ; Medium Enterprises ; Microfinance ; Private Sector ; Private Sector Development ; Supervision ; Web
    Abstract: With its strong export orientation and emphasis on competitiveness, the Chilean economic model has been the envy of its neighbors for more than a decade. However, there are underlying vulnerabilities. Historically, exports have been concentrated in mining and agriculture, sectors dominated by large firms that do not generate a large share of employment. Small and medium enterprises play a key role in employment generation and economic decentralization in Chile, yet their employment was stagnant between 2000 and 2004. Based on work completed in 2003, this study provides a review of the Chilean government's substantial investment in programs that support small and medium enterprises. This review of government programs confirms the importance of coordination and an overarching strategy, in the form of a National Innovation System, led by a single institution. The review also finds that demand-driven programs were more likely to be sustainable. Finally, the study demonstrates that Chile (and other countries with many support programs for small and medium enterprises in place) needs an integrated management information system to analyze, assess, coordinate, and streamline the program portfolio for small and medium enterprises in the future
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  • 22
    Language: English
    Pages: Online-Ressource (1 online resource (42 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Seo, Niggol Differential Adaptation Strategies To Climate Change In African Cropland By Agro-Ecological Zones
    Keywords: Agriculture ; Climate Change ; Crop ; Cropland ; Crops and Crop Management Systems ; Ecological Zones ; Ecological zone ; Environment ; Farm ; Farmers ; Farms ; Fruits ; Millet ; Vegetables ; Agriculture ; Climate Change ; Crop ; Cropland ; Crops and Crop Management Systems ; Ecological Zones ; Ecological zone ; Environment ; Farm ; Farmers ; Farms ; Fruits ; Millet ; Vegetables ; Agriculture ; Climate Change ; Crop ; Cropland ; Crops and Crop Management Systems ; Ecological Zones ; Ecological zone ; Environment ; Farm ; Farmers ; Farms ; Fruits ; Millet ; Vegetables
    Abstract: This paper quantifies how African farmers have adapted their crop and irrigation decisions to their farm's current agro-ecological zone. The results indicate that farmers carefully consider the climate and other conditions of their farm when making these choices. These results are then used to forecast how farmers might change their irrigation and crop choice decisions if climate changes. The model predicts African farmers would adopt irrigation more often under a very hot and dry climate scenario but less often with a mild and wet scenario. However, farms in the deserts, lowland humid forest, or mid elevation humid forest would reduce irrigation even in the very hot and dry climate scenario. Area under fruits and vegetables would increase Africa-wide with the very hot and dry climate scenario, except in the lowland semi-arid agro-ecological zone. Millet would increase overall under the mild and wet scenario, but decline substantially in the lowland dry savannah and lowland semi-arid agro-ecological zones. Maize would be chosen less often across all the agro-ecological zones under both climate scenarios. Wheat would decrease across Africa. The authors recommend that care must be taken to match adaptations to local conditions because the optimal adaptation would depend on the agro-ecological zone and the climate scenario
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  • 23
    Language: English
    Pages: Online-Ressource (1 online resource (30 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Seo, S. Niggol A Structural Ricardian Analysis of Climate Change Impacts And Adaptations In African Agriculture
    Keywords: Agriculture ; Agriculture and Farming Systems ; Climate Change ; Crop ; Crops ; Crops and Crop Management Systems ; Environment ; Farm ; Farm income ; Farm incomes ; Farmer ; Farmers ; Farming ; Farms ; Livestock and Animal Husbandry ; Rural Development Knowledge and Information Systems ; Soils ; Agriculture ; Agriculture and Farming Systems ; Climate Change ; Crop ; Crops ; Crops and Crop Management Systems ; Environment ; Farm ; Farm income ; Farm incomes ; Farmer ; Farmers ; Farming ; Farms ; Livestock and Animal Husbandry ; Rural Development Knowledge and Information Systems ; Soils ; Agriculture ; Agriculture and Farming Systems ; Climate Change ; Crop ; Crops ; Crops and Crop Management Systems ; Environment ; Farm ; Farm income ; Farm incomes ; Farmer ; Farmers ; Farming ; Farms ; Livestock and Animal Husbandry ; Rural Development Knowledge and Information Systems ; Soils
    Abstract: This paper develops a Structural Ricardian model to measure climate change impacts that explicitly models the choice of farm type in African agriculture. This two stage model first estimates the type of farm chosen and then the conditional incomes of each farm type after removing selection biases. The results indicate that increases in temperature encourage farmers to adopt mixed farming and avoid specialized farms such as crop-only or livestock-only farms. Increases in precipitation encourage farmers to shift from irrigated to rainfed crops. As temperatures increase, farm incomes from crop-only farms or livestock-only farms fall whereas incomes from mixed farms increase. With precipitation increases, farm incomes from irrigated farms fall whereas incomes from rainfed farms increase. Naturally, the Structural Ricardian model predicts much smaller impacts than a model that holds farm type fixed. With a hot dry climate scenario, the Structural Ricardian model predicts that farm income will fall 50 percent but the fixed farm type model predicts farm incomes will fall 75 percent
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  • 24
    Language: English
    Pages: Online-Ressource (1 online resource (58 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Saphores, Jean-Daniel Detecting Collusion In Timber Auctions
    Keywords: Access to Markets ; Administered Prices ; Advertising ; Auction ; Auctions ; Bidding ; Competition ; Debt Markets ; Direct Marketing ; E-Business ; Economic Theory and Research ; Emerging Markets ; Environment ; Fair ; Finance and Financial Sector Development ; Forestry ; Industry ; International Economics & Trade ; Inventory ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Market ; Market Economies ; Market Economy ; Market Prices ; Markets and Market Access ; Private Sector Development ; Rural Development ; Wildlife Resources ; Access to Markets ; Administered Prices ; Advertising ; Auction ; Auctions ; Bidding ; Competition ; Debt Markets ; Direct Marketing ; E-Business ; Economic Theory and Research ; Emerging Markets ; Environment ; Fair ; Finance and Financial Sector Development ; Forestry ; Industry ; International Economics & Trade ; Inventory ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Market ; Market Economies ; Market Economy ; Market Prices ; Markets and Market Access ; Private Sector Development ; Rural Development ; Wildlife Resources ; Access to Markets ; Administered Prices ; Advertising ; Auction ; Auctions ; Bidding ; Competition ; Debt Markets ; Direct Marketing ; E-Business ; Economic Theory and Research ; Emerging Markets ; Environment ; Fair ; Finance and Financial Sector Development ; Forestry ; Industry ; International Economics & Trade ; Inventory ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Market ; Market Economies ; Market Economy ; Market Prices ; Markets and Market Access ; Private Sector Development ; Rural Development ; Wildlife Resources
    Abstract: Romania was one of the first transition countries in Europe to introduce auctions for allocating standing timber (stumpage) in public forests. In comparison with the former system in the country-administrative allocation at set prices-timber auctions offer several potential advantages: greater revenue generation for the government, a higher probability that tracts will be allocated to the firms that value them most highly, and stronger incentives for technological change within industry and efficiency gains in the public sector. Competition is the key to realizing these advantages. Unfortunately, collusion among bidders often limits competition in timber auctions, including in well-established market economies such as the United States. The result is that tracts sell below their fair market value, which undermines the advantages of auctions. This paper examines the Romanian auction system, with a focus on the use of econometric methods to detect collusion. It begins by describing the historical development of the system and the principal steps in the auction process. It then discusses the qualitative impacts of various economic and institutional factors, including collusion, on winning bids in different regions of the country. This discussion draws on information from a combination of sources, including unstructured interviews conducted with government officials and company representatives during 2003. Next, the paper summarizes key findings from the broader research literature on auctions, with an emphasis on empirical studies that have developed econometric methods for detecting collusion. It then presents an application of such methods to timber auction data from two forest directorates in Romania, Neamt and Suceava. This application confirms that data from Romanian timber auctions can be used to determine the likelihood of collusion, and it suggests that collusion reduced winning bids in Suceava in 2002 and perhaps also in Neamt. The paper concludes with a discussion of actions that the government can take to reduce the incidence of collusion and minimize its impact on auction outcomes
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  • 25
    Language: English
    Pages: Online-Ressource (1 online resource (43 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Angelsen, Arild Forest Cover Change In Space And Time
    Keywords: Common Property Resource Development ; Conceptual Framework ; Deforestation ; Economic Development ; Economic Theory and Research ; Economics ; Empirical Evidence ; Environment ; Environment ; Environmental Economics and Policies ; Equilibrium ; Forest Management ; Forestry ; Forestry ; Forests and Forestry ; Labor ; Land ; Land Use ; Macroeconomics and Economic Growth ; Rural Development ; Rural Development Knowledge and Information Systems ; Common Property Resource Development ; Conceptual Framework ; Deforestation ; Economic Development ; Economic Theory and Research ; Economics ; Empirical Evidence ; Environment ; Environment ; Environmental Economics and Policies ; Equilibrium ; Forest Management ; Forestry ; Forestry ; Forests and Forestry ; Labor ; Land ; Land Use ; Macroeconomics and Economic Growth ; Rural Development ; Rural Development Knowledge and Information Systems ; Common Property Resource Development ; Conceptual Framework ; Deforestation ; Economic Development ; Economic Theory and Research ; Economics ; Empirical Evidence ; Environment ; Environment ; Environmental Economics and Policies ; Equilibrium ; Forest Management ; Forestry ; Forestry ; Forests and Forestry ; Labor ; Land ; Land Use ; Macroeconomics and Economic Growth ; Rural Development ; Rural Development Knowledge and Information Systems
    Abstract: This paper presents a framework for analyzing tropical deforestation and reforestation using the von Thunen model as its starting point: land is allocated to the use which yields the highest rent, and the rents of various land uses are determined by location. Forest cover change therefore becomes a question of changes in rent of forest versus non-forest use. While this is a simple and powerful starting point, more intriguing issues arise when this is applied to analyze real cases. An initial shift in the rent of one particular land use generates feedbacks which affect the rent of all land uses. For example, a new technology in extensive agriculture should make this land use more profitable and lead to more forest clearing, but general equilibrium effects (changes in prices and local wages) can modify or even reverse this conclusion. Another issue is how a policy change or a shift in broader market, technological, and institutional forces will affect various land use rents. The paper deals with three such areas: technological progress in agriculture, land tenure regimes, and community forest management. The second part of the paper links the von Thunen framework to the forest transition theory. The forest transition theory describes a sequence over time where a forested region goes through a period of deforestation before the forest cover eventually stabilizes and starts to increase. This sequence can be seen as a systematic pattern of change in the agricultural and forest land rents over time. Increasing agricultural rent leads to high rates of deforestation. The slow-down of deforestation and eventual reforestation is due to lower agricultural rents (the economic development path) and higher forest rent (the forest scarcity path). Various forces leading to these changes are discussed and supported by empirical evidence from different tropical regions
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  • 26
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (96 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Hanushek, Eric A The Role of Education Quality For Economic Growth
    Keywords: Access and Equity in Basic Education ; Adult Literacy ; Cognitive Skills ; Education ; Education ; Education For All ; Education For All Initiative ; Education Policy ; Education for All ; Educational Outcomes ; Educational Quality ; Effective Schools and Teachers ; Enrollment Rates ; Finance and Financial Sector Development ; Financial Literacy ; Health, Nutrition and Population ; Knowledge ; Population Policies ; Primary Education ; Secondary Education ; Tertiary Education ; Access and Equity in Basic Education ; Adult Literacy ; Cognitive Skills ; Education ; Education ; Education For All ; Education For All Initiative ; Education Policy ; Education for All ; Educational Outcomes ; Educational Quality ; Effective Schools and Teachers ; Enrollment Rates ; Finance and Financial Sector Development ; Financial Literacy ; Health, Nutrition and Population ; Knowledge ; Population Policies ; Primary Education ; Secondary Education ; Tertiary Education ; Access and Equity in Basic Education ; Adult Literacy ; Cognitive Skills ; Education ; Education ; Education For All ; Education For All Initiative ; Education Policy ; Education for All ; Educational Outcomes ; Educational Quality ; Effective Schools and Teachers ; Enrollment Rates ; Finance and Financial Sector Development ; Financial Literacy ; Health, Nutrition and Population ; Knowledge ; Population Policies ; Primary Education ; Secondary Education ; Tertiary Education
    Abstract: The role of improved schooling, a central part of most development strategies, has become controversial because expansion of school attainment has not guaranteed improved economic conditions. This paper reviews the role of education in promoting economic well-being, focusing on the role of educational quality. It concludes that there is strong evidence that the cognitive skills of the population-rather than mere school attainment-are powerfully related to individual earnings, to the distribution of income, and to economic growth. New empirical results show the importance of both minimal and high-level skills, the complementarity of skills and the quality of economic institutions, and the robustness of the relationship between skills and growth. International comparisons incorporating expanded data on cognitive skills reveal much larger skill deficits in developing countries than generally derived from just school enrollment and attainment. The magnitude of change needed makes it clear that closing the economic gap with industrial countries will require major structural changes in schooling institutions
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  • 27
    Language: English
    Pages: Online-Ressource (1 online resource (56 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ferreira, Francisco H.G Trade Liberalization, Employment Flows, And Wage Inequality In Brazil
    Keywords: Agriculture ; Capital Incomes ; Debt Markets ; Development ; Distribution ; Economic Theory and Research ; Economy ; Emerging Markets ; Exchange ; Finance and Finance ; Financial Literacy ; Free Trade ; Goods ; Growth Rate ; Income ; Industry ; Inequality Measures ; International Economics & Trade ; Labor Markets ; Labor Policies ; Macroeconomics and Economic Growth ; Prices ; Private Sector Development ; Public Sector Development ; Social Protections and Labor ; Theory ; Total Factor Production ; Trade Law ; Trade Policy ; Water Resources ; Water and Industry ; Agriculture ; Capital Incomes ; Debt Markets ; Development ; Distribution ; Economic Theory and Research ; Economy ; Emerging Markets ; Exchange ; Finance and Finance ; Financial Literacy ; Free Trade ; Goods ; Growth Rate ; Income ; Industry ; Inequality Measures ; International Economics & Trade ; Labor Markets ; Labor Policies ; Macroeconomics and Economic Growth ; Prices ; Private Sector Development ; Public Sector Development ; Social Protections and Labor ; Theory ; Total Factor Production ; Trade Law ; Trade Policy ; Water Resources ; Water and Industry ; Agriculture ; Capital Incomes ; Debt Markets ; Development ; Distribution ; Economic Theory and Research ; Economy ; Emerging Markets ; Exchange ; Finance and Finance ; Financial Literacy ; Free Trade ; Goods ; Growth Rate ; Income ; Industry ; Inequality Measures ; International Economics & Trade ; Labor Markets ; Labor Policies ; Macroeconomics and Economic Growth ; Prices ; Private Sector Development ; Public Sector Development ; Social Protections and Labor ; Theory ; Total Factor Production ; Trade Law ; Trade Policy ; Water Resources ; Water and Industry
    Abstract: Using nationally representative, economywide data, this paper investigates the relative importance of trade-mandated effects on industry wage premia; industry and economywide skill premia; and employment flows in accounting for changes in the wage distribution in Brazil during the 1988-95 trade liberalization. Unlike in other Latin American countries, trade liberalization appears to have made a significant contribution toward a reduction in wage inequality. These effects have not occurred through changes in industry-specific (wage or skill) premia. Instead, they appear to have been channeled through substantial employment flows across sectors and formality categories. Changes in the economywide skill premium are also important
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  • 28
    Language: English
    Pages: Online-Ressource (1 online resource (43 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Cull, Robert Foreign Bank Participation And Crises In Developing Countries
    Keywords: Bank ; Bank Acquisitions ; Bank For International Settlements ; Bank Mergers ; Bank of Greece ; Banking ; Banking Crises ; Banking Sector ; Banks and Banking Reform ; Cred Distressed Banks ; Debt Markets ; Emerging Markets ; Finance ; Finance and Financial Sector Development ; Financial Interest ; Financial Literacy ; Foreign Direct Investment ; International Economics & Trade ; Private Sector Development ; Bank ; Bank Acquisitions ; Bank For International Settlements ; Bank Mergers ; Bank of Greece ; Banking ; Banking Crises ; Banking Sector ; Banks and Banking Reform ; Cred Distressed Banks ; Debt Markets ; Emerging Markets ; Finance ; Finance and Financial Sector Development ; Financial Interest ; Financial Literacy ; Foreign Direct Investment ; International Economics & Trade ; Private Sector Development ; Bank ; Bank Acquisitions ; Bank For International Settlements ; Bank Mergers ; Bank of Greece ; Banking ; Banking Crises ; Banking Sector ; Banks and Banking Reform ; Cred Distressed Banks ; Debt Markets ; Emerging Markets ; Finance ; Finance and Financial Sector Development ; Financial Interest ; Financial Literacy ; Foreign Direct Investment ; International Economics & Trade ; Private Sector Development
    Abstract: This paper describes the recent trends in foreign bank ownership in developing countries, summarizes the existing evidence on the causes and implications of foreign bank presence, and reexamines the link between banking crises and foreign bank participation. Using data on the share of banking sector assets held by foreign banks in over 100 developing countries during 1995-2002, the results show that countries that experienced a banking crisis tended to have higher levels of foreign bank participation than those that did not. Furthermore, panel regressions indicate that foreign participation increased as a result of crises rather than prior to them. However, post-crisis increases in foreign participation did not coincide with increased credit to the private sector, perhaps because in many cases foreign banks acquired distressed banks
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  • 29
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (55 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Lane, Philip R The International Financial Integration of China And India
    Keywords: Balance Sheets ; Bank Policy ; Borrowers ; Capital Flows ; Currencies and Exchange Rates ; Debt ; Debt Markets ; Economic Theory and Research ; Emerging Markets ; Equity ; Exchange ; Exchange Rate ; External Assets ; Finance and Financial Sector Development ; Financial Developments ; Financial Liberalization ; Financial Literacy ; Holdings ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Private Sector Development ; Balance Sheets ; Bank Policy ; Borrowers ; Capital Flows ; Currencies and Exchange Rates ; Debt ; Debt Markets ; Economic Theory and Research ; Emerging Markets ; Equity ; Exchange ; Exchange Rate ; External Assets ; Finance and Financial Sector Development ; Financial Developments ; Financial Liberalization ; Financial Literacy ; Holdings ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Private Sector Development ; Balance Sheets ; Bank Policy ; Borrowers ; Capital Flows ; Currencies and Exchange Rates ; Debt ; Debt Markets ; Economic Theory and Research ; Emerging Markets ; Equity ; Exchange ; Exchange Rate ; External Assets ; Finance and Financial Sector Development ; Financial Developments ; Financial Liberalization ; Financial Literacy ; Holdings ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Private Sector Development
    Abstract: Three main features characterize the international financial integration of China and India. First, while only having a small global share of privately-held external assets and liabilities (with the exception of China's foreign direct investment liabilities), these countries are large holders of official reserves. Second, their international balance sheets are highly asymmetric: both are "short equity, long debt." Third, China and India have improved their net external positions over the past decade although, based on their income level, neoclassical models would predict them to be net borrowers. Domestic financial developments and policies seem essential in understanding these patterns of integration. These include financial liberalization and exchange rate policies, domestic financial sector policies, and the impact of financial reform on savings and investment rates. Changes in these factors will affect the international financial integration of China and India (through shifts in capital flows and asset and liability holdings) and, consequently, the international financial system
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  • 30
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (48 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Claessens, Stijn Current Challenges In Financial Regulation
    Keywords: Bank ; Banking ; Banking Supervision ; Banks ; Banks and Banking Reform ; Basle Core Principles ; Capital ; Capital Markets ; Consolidation ; Debt Markets ; E-Finance and E-Security ; Economic Theory and Research ; Emerging Markets ; Finance ; Finance and Financial Sector Development ; Financial ; Financial Integration ; Financial Intermediation ; Financial Literacy ; Financial Regulation ; Labor Policies ; Macroeconomics and Economic Growth ; Non Bank Finance ; Private Sector Development ; Social Protections and Labor ; Bank ; Banking ; Banking Supervision ; Banks ; Banks and Banking Reform ; Basle Core Principles ; Capital ; Capital Markets ; Consolidation ; Debt Markets ; E-Finance and E-Security ; Economic Theory and Research ; Emerging Markets ; Finance ; Finance and Financial Sector Development ; Financial ; Financial Integration ; Financial Intermediation ; Financial Literacy ; Financial Regulation ; Labor Policies ; Macroeconomics and Economic Growth ; Non Bank Finance ; Private Sector Development ; Social Protections and Labor ; Bank ; Banking ; Banking Supervision ; Banks ; Banks and Banking Reform ; Basle Core Principles ; Capital ; Capital Markets ; Consolidation ; Debt Markets ; E-Finance and E-Security ; Economic Theory and Research ; Emerging Markets ; Finance ; Finance and Financial Sector Development ; Financial ; Financial Integration ; Financial Intermediation ; Financial Literacy ; Financial Regulation ; Labor Policies ; Macroeconomics and Economic Growth ; Non Bank Finance ; Private Sector Development ; Social Protections and Labor
    Abstract: Financial intermediation and financial services industries have undergone many changes in the past two decades due to deregulation, globalization, and technological advances. The framework for regulating finance has seen many changes as well, with approaches adapting to new issues arising in specific groups of countries or globally. The objectives of this paper are twofold: to review current international thinking on what regulatory framework is needed to develop a financial sector that is stable, yet efficient, and provides proper access to households and firms; and to review the key experiences regarding international financial architecture initiatives, with a special focus on issues arising for developing countries. The paper outlines a number of areas of current debate: the special role of banks, competition policy, consumer protection, harmonization of rules-across products, within markets, and globally-and the adaptation and legitimacy of international standards to the circumstances facing developing countries. It concludes with some areas where more research would be useful
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  • 31
    Language: English
    Pages: Online-Ressource (1 online resource (21 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Claessens, Stijn Location Decisions of Foreign Banks And Competitive Advantage
    Keywords: Affiliates ; Bank ; Banking ; Banking Sector ; Banks and Banking Reform ; Consolidation ; Country Strategy and Performance ; Debt Markets ; Emerging Markets ; Finance ; Finance and Financial Sector Development ; Financial Integration ; Financial Literacy ; Financial Markets ; Financial Services ; Foreign Banks ; Foreign Direct Investment ; Foreign Entry ; Internation ; International Economics & Trade ; Macroeconomics and Economic Growth ; Private Sector Development ; Affiliates ; Bank ; Banking ; Banking Sector ; Banks and Banking Reform ; Consolidation ; Country Strategy and Performance ; Debt Markets ; Emerging Markets ; Finance ; Finance and Financial Sector Development ; Financial Integration ; Financial Literacy ; Financial Markets ; Financial Services ; Foreign Banks ; Foreign Direct Investment ; Foreign Entry ; Internation ; International Economics & Trade ; Macroeconomics and Economic Growth ; Private Sector Development ; Affiliates ; Bank ; Banking ; Banking Sector ; Banks and Banking Reform ; Consolidation ; Country Strategy and Performance ; Debt Markets ; Emerging Markets ; Finance ; Finance and Financial Sector Development ; Financial Integration ; Financial Literacy ; Financial Markets ; Financial Services ; Foreign Banks ; Foreign Direct Investment ; Foreign Entry ; Internation ; International Economics & Trade ; Macroeconomics and Economic Growth ; Private Sector Development
    Abstract: While institutional differences have been found to affect country growth patterns, much has remained unexplained, including how economic actors "overcome" institutional weaknesses and how internationalization helps or hinders development. Banking is an institutionally-intensive activity and the location decision of foreign banks provides a good test of how institutional differences are dealt with and how they may affect economic choices. Specifically, the authors examine whether banks seek out those markets where institutional familiarity provides them with a competitive advantage over other foreign competitor banks. Using bilateral data on banking sector foreign direct investment in all developing countries and controlling for other factors, they find that competitive advantage is an important factor in driving foreign banks' location decisions. The findings suggest that high institutional quality is not necessarily a prerequisite to attract foreign direct investment in banking and that there are specific benefits, as well as risks, to international financial integration between developing countries
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  • 32
    Language: English
    Pages: Online-Ressource (1 online resource (71 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Hoornweg, Daniel City Indicators
    Keywords: Cities ; City Development Strategies ; City Performance ; Communities & Human Settlements ; Cultural Heritage and Preservation ; Cultural Policy ; Culture & Development ; Economic Development ; Environment ; Environmental Degradation ; Environmental Economics and Policies ; Governance ; Housing and Human Habitats ; Human Settlements ; ICT Policy and Strategies ; Industrialization ; Information and Communication Technologies ; Poverty ; Public Sector Development ; Quality of Life ; Service ; Service Delivery ; Urban Development ; Urban Housing and Land ; Cities ; City Development Strategies ; City Performance ; Communities & Human Settlements ; Cultural Heritage and Preservation ; Cultural Policy ; Culture & Development ; Economic Development ; Environment ; Environmental Degradation ; Environmental Economics and Policies ; Governance ; Housing and Human Habitats ; Human Settlements ; ICT Policy and Strategies ; Industrialization ; Information and Communication Technologies ; Poverty ; Public Sector Development ; Quality of Life ; Service ; Service Delivery ; Urban Development ; Urban Housing and Land ; Cities ; City Development Strategies ; City Performance ; Communities & Human Settlements ; Cultural Heritage and Preservation ; Cultural Policy ; Culture & Development ; Economic Development ; Environment ; Environmental Degradation ; Environmental Economics and Policies ; Governance ; Housing and Human Habitats ; Human Settlements ; ICT Policy and Strategies ; Industrialization ; Information and Communication Technologies ; Poverty ; Public Sector Development ; Quality of Life ; Service ; Service Delivery ; Urban Development ; Urban Housing and Land
    Abstract: This paper provides the key elements to develop an integrated approach for measuring and monitoring city performance globally. The paper reviews the role of cities and why indicators are important. Then it discusses past approaches to city indicators and the systems developed to date, including the World Bank's initiatives. After identifying the strengths and weaknesses of past experiences, it discusses the characteristics of optimal indicators. The paper concludes with a proposed plan to develop standardized indicators that emphasize the importance of indicators that are measurable, replicable, potentially predictive, and most important, consistent and comparable over time and across cities. As an innovative characteristic, the paper includes subjective measures in city indicators, such as well-being, happy citizens, and trust
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  • 33
    Language: English
    Pages: Online-Ressource (1 online resource (28 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: McKenzie, David Self-Selection Patterns In Mexico-U.S. Migration
    Keywords: Anthropology ; Communities & Human Settlements ; Culture & Development ; Finance and Financial Sector Development ; Financial Literacy ; Gender ; Gender and Social Development ; Health, Nutrition and Population ; Human Migrations and Resettlements ; Immigrants ; Immigration ; Important Policy ; Income Inequality ; Industry ; International Migration ; Job Opportunities ; Labor Market ; Language Proficiency ; Migrant ; Migrants ; Migration ; Population Policies ; Social Development ; Technology Industry ; Voluntary and Involuntary Resettlement ; Anthropology ; Communities & Human Settlements ; Culture & Development ; Finance and Financial Sector Development ; Financial Literacy ; Gender ; Gender and Social Development ; Health, Nutrition and Population ; Human Migrations and Resettlements ; Immigrants ; Immigration ; Important Policy ; Income Inequality ; Industry ; International Migration ; Job Opportunities ; Labor Market ; Language Proficiency ; Migrant ; Migrants ; Migration ; Population Policies ; Social Development ; Technology Industry ; Voluntary and Involuntary Resettlement ; Anthropology ; Communities & Human Settlements ; Culture & Development ; Finance and Financial Sector Development ; Financial Literacy ; Gender ; Gender and Social Development ; Health, Nutrition and Population ; Human Migrations and Resettlements ; Immigrants ; Immigration ; Important Policy ; Income Inequality ; Industry ; International Migration ; Job Opportunities ; Labor Market ; Language Proficiency ; Migrant ; Migrants ; Migration ; Population Policies ; Social Development ; Technology Industry ; Voluntary and Involuntary Resettlement
    Abstract: The authors examine the role of migration networks in determining self-selection patterns of Mexico-U.S. migration. They first present a simple theoretical framework showing how such networks impact on migration incentives at different education levels and, consequently, how they are likely to affect the expected skill composition of migration. Using survey data from Mexico, the authors then show that the probability of migration is increasing with education in communities with low migrant networks, but decreasing with education in communities with high migrant networks. This is consistent with positive self-selection of migrants being driven by high migration costs, and with negative self-selection of migrants being driven by lower returns to education in the U.S. than in Mexico
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  • 34
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (18 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Kim, Namsuk The Impact of Remittances On Labor Supply
    Keywords: Finance and Financial Sector Development ; Financial Literacy ; Finding Jobs ; Health, Nutrition and Population ; High Unemployment ; High Unemployment Rates ; High Wage ; Job ; Labor ; Labor Force ; Labor Force Participation ; Labor Market ; Labor Markets ; Labor Markets ; Labor Policies ; Labor Productivity ; Population Policies ; Social Protections and Labor ; Finance and Financial Sector Development ; Financial Literacy ; Finding Jobs ; Health, Nutrition and Population ; High Unemployment ; High Unemployment Rates ; High Wage ; Job ; Labor ; Labor Force ; Labor Force Participation ; Labor Market ; Labor Markets ; Labor Markets ; Labor Policies ; Labor Productivity ; Population Policies ; Social Protections and Labor ; Finance and Financial Sector Development ; Financial Literacy ; Finding Jobs ; Health, Nutrition and Population ; High Unemployment ; High Unemployment Rates ; High Wage ; Job ; Labor ; Labor Force ; Labor Force Participation ; Labor Market ; Labor Markets ; Labor Markets ; Labor Policies ; Labor Productivity ; Population Policies ; Social Protections and Labor
    Abstract: A puzzle in the recently stagnated economy of Jamaica is that high rates of unemployment have persisted even when real wages have been increasing. This paper examines aspects of the labor supply in an effort to understand why high rates of unemployment have existed with increasing real wages. This is a sign of a badly functioning labor market. The cross-sectional analysis suggests that remittances have some impact on labor supply, especially on labor market participation. The pseudo panel data analysis also confirms that remittances have a strong impact on labor participation but not on weekly working hours. Households with remittance income have a higher reservation wage and have reduced the supply of labor by moving out of the labor force
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  • 35
    Language: English
    Pages: Online-Ressource (1 online resource (25 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Silva, Patricia Poverty And Environmental Impacts of Electricity Price Reforms In Montenegro
    Keywords: Electric Power ; Electric Utility ; Electricity ; Electricity Consumption ; Electricity Price ; Electricity Prices ; Electricity Tariff ; Electricity Tariffs ; Energy ; Energy ; Energy Efficiency ; Energy Markets ; Energy Production and Transportation ; Energy and Environment ; Environment ; Environment and Energy Efficiency ; Electric Power ; Electric Utility ; Electricity ; Electricity Consumption ; Electricity Price ; Electricity Prices ; Electricity Tariff ; Electricity Tariffs ; Energy ; Energy ; Energy Efficiency ; Energy Markets ; Energy Production and Transportation ; Energy and Environment ; Environment ; Environment and Energy Efficiency ; Electric Power ; Electric Utility ; Electricity ; Electricity Consumption ; Electricity Price ; Electricity Prices ; Electricity Tariff ; Electricity Tariffs ; Energy ; Energy ; Energy Efficiency ; Energy Markets ; Energy Production and Transportation ; Energy and Environment ; Environment ; Environment and Energy Efficiency
    Abstract: The Government of Montenegro is preparing an electricity tariff reform due to recent developments in the national and regional electricity markets. Electricity tariffs for residential consumers in Montenegro are likely to gradually increase by anywhere from 40 to over 100 percent. This significant price rise will impose a heavy burden on poor households and it may adversely affect the environment. In an ex-ante investigation of the welfare impact of this price increase on households in Montenegro, the authors show that the anticipated price increase will result in a significant increase in households' energy expenditures. A simulation of alternative policy measures analyzes the impact of different tariff levels and structures on the poor and vulnerable households in particular. Higher electricity prices could also significantly increase the proportion of households using fuelwood for space heating
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  • 36
    Language: English
    Pages: Online-Ressource (1 online resource (32 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Larson, Donald F Will Markets Direct Investments Under The Kyoto Protocol ?
    Keywords: Climate Change ; Debt Markets ; Economic Theory and Research ; Economics ; Economies ; Emerging Markets ; Emissions ; Energy ; Energy Production ; Environment ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Financial Literacy ; Greenhouse Effect ; Greenhouse Gases ; Incentives ; Information ; Interest ; International Economics & Trade ; Investment ; Investment and Investment Climate ; Investments ; Joint Implementation ; Macroeconomics and Economic Growth ; Non Bank Financial Institutions ; Private Sector Development ; Climate Change ; Debt Markets ; Economic Theory and Research ; Economics ; Economies ; Emerging Markets ; Emissions ; Energy ; Energy Production ; Environment ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Financial Literacy ; Greenhouse Effect ; Greenhouse Gases ; Incentives ; Information ; Interest ; International Economics & Trade ; Investment ; Investment and Investment Climate ; Investments ; Joint Implementation ; Macroeconomics and Economic Growth ; Non Bank Financial Institutions ; Private Sector Development ; Climate Change ; Debt Markets ; Economic Theory and Research ; Economics ; Economies ; Emerging Markets ; Emissions ; Energy ; Energy Production ; Environment ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Financial Literacy ; Greenhouse Effect ; Greenhouse Gases ; Incentives ; Information ; Interest ; International Economics & Trade ; Investment ; Investment and Investment Climate ; Investments ; Joint Implementation ; Macroeconomics and Economic Growth ; Non Bank Financial Institutions ; Private Sector Development
    Abstract: Under the Kyoto Protocol, countries can meet treaty obligations by investing in projects that reduce or sequester greenhouse gases elsewhere. Prior to ratification, treaty participants agreed to launch country-based pilot projects, referred to collectively as Activities Implemented Jointly (AIJ), to test novel aspects of the project-related provisions. Relying on a 10-year history of projects, the authors investigate the determinants of AIJ investment. Their findings suggest that national political objectives and possibly deeper cultural ties influenced project selection. This characterization differs from the market-based assumptions that underlie well-known estimates of cost-savings related to the Protocol's flexibility mechanisms. The authors conclude that if approaches developed under the AIJ programs to approve projects are retained, benefits from Kyoto's flexibility provisions will be less than those widely anticipated
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  • 37
    Language: English
    Pages: Online-Ressource (1 online resource (34 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: McKenzie, David A Land of Milk And Honey With Streets Paved With Gold
    Keywords: Accurate Information ; Annual Income ; Bank ; Consumer ; Consumer Goods ; Demands ; Earnings ; Economic Theory and Research ; Education ; Finance and Financial Sector Development ; Financial Literacy ; Fiscal and Monetary Policy ; Health Systems Development and Reform ; Health, Nutrition and Population ; Household Income ; Income ; Income ; Incomes ; Information ; Labor Markets ; Labor Policies ; Macroeconomics and Economic Growth ; Money ; Population Policies ; Public Sector Development ; Remittances ; Social Protections and Labor ; Accurate Information ; Annual Income ; Bank ; Consumer ; Consumer Goods ; Demands ; Earnings ; Economic Theory and Research ; Education ; Finance and Financial Sector Development ; Financial Literacy ; Fiscal and Monetary Policy ; Health Systems Development and Reform ; Health, Nutrition and Population ; Household Income ; Income ; Income ; Incomes ; Information ; Labor Markets ; Labor Policies ; Macroeconomics and Economic Growth ; Money ; Population Policies ; Public Sector Development ; Remittances ; Social Protections and Labor ; Accurate Information ; Annual Income ; Bank ; Consumer ; Consumer Goods ; Demands ; Earnings ; Economic Theory and Research ; Education ; Finance and Financial Sector Development ; Financial Literacy ; Fiscal and Monetary Policy ; Health Systems Development and Reform ; Health, Nutrition and Population ; Household Income ; Income ; Income ; Incomes ; Information ; Labor Markets ; Labor Policies ; Macroeconomics and Economic Growth ; Money ; Population Policies ; Public Sector Development ; Remittances ; Social Protections and Labor
    Abstract: Millions of people emigrate every year in search of better economic and social opportunities. Anecdotal evidence suggests that emigrants may have over-optimistic expectations about the incomes they can earn abroad, resulting in excessive migration pressure, and in disappointment among those who do migrate. Yet there is almost no statistical evidence on how accurately these emigrants predict the incomes that they will earn working abroad. In this paper the authors combine a natural emigration experiment with unique survey data on would-be emigrants' probabilistic expectations about employment and incomes in the migration destination. Their procedure enables them to obtain moments and quantiles of the subjective distribution of expected earnings in the destination country. The authors find a significant underestimation of both unconditional and conditional labor earnings at all points in the distribution. This underestimation appears driven in part by potential migrants placing too much weight on the negative employment experiences of some migrants, and by inaccurate information flows from extended family, who may be trying to moderate remittance demands by understating incomes
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  • 38
    Language: English
    Pages: Online-Ressource (1 online resource (30 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ladekarl, Jeppe The Use of Derivatives To Hedge Embedded Options
    Keywords: Balance Sheets ; Contracts ; Debt Markets ; Emerging Markets ; Equity ; Equity Markets ; Finance and Financial Sector Development ; Financial Literacy ; Guarantee ; Guarantees ; Hedge ; Interest ; Interest Rate ; Interest Rates ; Liabilities ; Liability ; Liability Management ; Private Sector Development ; Balance Sheets ; Contracts ; Debt Markets ; Emerging Markets ; Equity ; Equity Markets ; Finance and Financial Sector Development ; Financial Literacy ; Guarantee ; Guarantees ; Hedge ; Interest ; Interest Rate ; Interest Rates ; Liabilities ; Liability ; Liability Management ; Private Sector Development ; Balance Sheets ; Contracts ; Debt Markets ; Emerging Markets ; Equity ; Equity Markets ; Finance and Financial Sector Development ; Financial Literacy ; Guarantee ; Guarantees ; Hedge ; Interest ; Interest Rate ; Interest Rates ; Liabilities ; Liability ; Liability Management ; Private Sector Development
    Abstract: The main purpose of this paper is to examine the growing use of derivatives by Danish pension institutions as a risk management tool to hedge embedded options on their balance sheets. Throughout the 1980s and 1990s it was a widespread practice for Danish pension institutions to guarantee a minimum interest rate on new pension policies. With the new millennium global interest rates declined steeply and equity markets came crashing down. Suddenly the guarantees on pension contracts were in the money. The policies already written could not be changed, leaving liabilities and assets mismatched, profits in the red, and capital reserves drained. Out of necessity, and in some cases virtue, Danish pension institutions turned in scale to derivatives, allowing for a more active approach to hedging, asset and liability management, and even profit generation. Through the use of derivatives, pension institutions have avoided the need to renegotiate their guaranteed contracts with policy holders. They have succeeded as an industry in transforming their pay-off curves and have emerged with better matched asset/liability positions and lower exposure to interest rate risk. But the expanded use of derivatives also raises some risk management and regulatory issues, such as operational and counterparty risks as well as effective internal control systems and regulatory oversight
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  • 39
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (37 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Dollar, David Asian Century Or Multi-Polar Century ?
    Keywords: Currencies and Exchange Rates ; Debt Markets ; Demographic ; Developing Countries ; Developing Economies ; Economic Performance ; Economic Performances ; Economic Theory and Research ; Emerging Markets ; Energy ; Energy Production and Transportation ; Exchange ; Finance and Financial Sector Development ; Financial Literacy ; Foreign Trade ; Future ; Future Prospects ; Globalization ; Growth Rates ; Health, Nutrition and Population ; Labor ; Macroeconomics and Economic Growth ; Population Policies ; Poverty Reduction ; Private Sector Development ; Pro-Poor Growth ; Social Protections and Labor ; Currencies and Exchange Rates ; Debt Markets ; Demographic ; Developing Countries ; Developing Economies ; Economic Performance ; Economic Performances ; Economic Theory and Research ; Emerging Markets ; Energy ; Energy Production and Transportation ; Exchange ; Finance and Financial Sector Development ; Financial Literacy ; Foreign Trade ; Future ; Future Prospects ; Globalization ; Growth Rates ; Health, Nutrition and Population ; Labor ; Macroeconomics and Economic Growth ; Population Policies ; Poverty Reduction ; Private Sector Development ; Pro-Poor Growth ; Social Protections and Labor ; Currencies and Exchange Rates ; Debt Markets ; Demographic ; Developing Countries ; Developing Economies ; Economic Performance ; Economic Performances ; Economic Theory and Research ; Emerging Markets ; Energy ; Energy Production and Transportation ; Exchange ; Finance and Financial Sector Development ; Financial Literacy ; Foreign Trade ; Future ; Future Prospects ; Globalization ; Growth Rates ; Health, Nutrition and Population ; Labor ; Macroeconomics and Economic Growth ; Population Policies ; Poverty Reduction ; Private Sector Development ; Pro-Poor Growth ; Social Protections and Labor
    Abstract: The "rise of Asia" is something of a myth. During 1990-2005 China accounted for 28 percent of global growth, measured at purchasing power parity (PPP). India accounted for 9 percent. The rest of developing Asia, with nearly a billion people, accounted for only 7 percent, the same as Latin America. Hence there is no general success of Asian developing economies. China has grown better than its developing neighbors because it started its reform with a better base of human capital, has been more open to foreign trade and investment, and created good investment climates in coastal cities. China's success changes the equation going forward: its wages are now two to three times higher than in the populous Asian countries (Bangladesh, India, Indonesia, Pakistan, and Vietnam), and China will become an ever-larger importer of natural resource and labor-intensive products. Developing countries need to become more open and improve their investment climates to benefit from these opportunities. China itself faces new challenges that could hamper its further development: unsustainable trade imbalance with the United States, energy and water scarcity and unsustainable use of natural resources, and growing inequality and social tension. To address the first two of these challenges, good cooperation between China and the United States is essential. The author concludes that we are more likely to be facing a "multi-polar century," than an Asian century
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  • 40
    Language: English
    Pages: Online-Ressource (1 online resource (50 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Stephanou, Constantinos Financial Services And Trade Agreements In Latin America And The Caribbean
    Keywords: Banks and Banking Reform ; Barriers ; Debt Markets ; Emerging Markets ; Exchange ; Finance and Financial Sector Development ; Financial Institutions ; Financial Integration ; Financial Literacy ; Financial Market ; Financial Services ; Financial System ; Financial Systems ; Foreign Bank ; Free Trad ; Free Trade ; International Economics & Trade ; Law and Development ; Private Sector Development ; Public Sector Corruption and Anticorruption Measures ; Trade Law ; Trade and Regional Integration ; Trade and Services ; Banks and Banking Reform ; Barriers ; Debt Markets ; Emerging Markets ; Exchange ; Finance and Financial Sector Development ; Financial Institutions ; Financial Integration ; Financial Literacy ; Financial Market ; Financial Services ; Financial System ; Financial Systems ; Foreign Bank ; Free Trad ; Free Trade ; International Economics & Trade ; Law and Development ; Private Sector Development ; Public Sector Corruption and Anticorruption Measures ; Trade Law ; Trade and Regional Integration ; Trade and Services ; Banks and Banking Reform ; Barriers ; Debt Markets ; Emerging Markets ; Exchange ; Finance and Financial Sector Development ; Financial Institutions ; Financial Integration ; Financial Literacy ; Financial Market ; Financial Services ; Financial System ; Financial Systems ; Foreign Bank ; Free Trad ; Free Trade ; International Economics & Trade ; Law and Development ; Private Sector Development ; Public Sector Corruption and Anticorruption Measures ; Trade Law ; Trade and Regional Integration ; Trade and Services
    Abstract: The authors review the international framework governing trade in financial services, describe the treatment of financial services in recent trade agreements involving Latin America and Caribbean countries, and analyze the liberalization commitments made in three selected country case studies-Chile, Colombia, and Costa Rica. They give emphasis to free trade agreements because of the generally deeper level of liberalization and rule-making achieved to-date. The authors discuss some of the causes and potential implications of their findings
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  • 41
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (36 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Zhu, Tian Formal Finance And Trade Credit During China's Transition
    Keywords: Access To Cred Bank ; Banks and Banking Reform ; Business School ; Buyers ; Cred Customers ; Debt Markets ; Economic Activity ; Economic Theory and Research ; Finance ; Finance and Financial Sector Development ; Financial Crisis Management and Restructuring ; Financial Institutions ; Financial Intermediaries ; Financial Intermediation ; Financial Literacy ; Financial Support ; Information ; Investment and Investment Climate ; Loans ; Macroeconomics and Economic Growth ; Private Sector Development ; Access To Cred Bank ; Banks and Banking Reform ; Business School ; Buyers ; Cred Customers ; Debt Markets ; Economic Activity ; Economic Theory and Research ; Finance ; Finance and Financial Sector Development ; Financial Crisis Management and Restructuring ; Financial Institutions ; Financial Intermediaries ; Financial Intermediation ; Financial Literacy ; Financial Support ; Information ; Investment and Investment Climate ; Loans ; Macroeconomics and Economic Growth ; Private Sector Development ; Access To Cred Bank ; Banks and Banking Reform ; Business School ; Buyers ; Cred Customers ; Debt Markets ; Economic Activity ; Economic Theory and Research ; Finance ; Finance and Financial Sector Development ; Financial Crisis Management and Restructuring ; Financial Institutions ; Financial Intermediaries ; Financial Intermediation ; Financial Literacy ; Financial Support ; Information ; Investment and Investment Climate ; Loans ; Macroeconomics and Economic Growth ; Private Sector Development
    Abstract: Using a large panel dataset of Chinese industrial firms, the authors examine the determinants of access to loans from formal financial intermediaries and extension of trade credit. Poorly performing state-owned enterprises were more likely to redistribute credit to firms with less privileged access to loans through trade credit, a pattern consistent with some of the extension of trade credit being involuntary. By contrast, profitable private domestic firms were more likely to extend trade credit than unprofitable ones. Trade credit likely provided a substitute for loans for these private firms' customers that were shut out of formal credit markets. As biases in lending became less severe, the amount of trade credit extended by private firms declined
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  • 42
    Language: English
    Pages: Online-Ressource (1 online resource (53 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Zhang, Fan Does Uncertainty Matter ?
    Keywords: Abatement Costs ; Carbon Market ; Carbon Policy and Trading ; Clean Air ; Climate Change ; Climate Change Policy ; Demand For Energy ; Electricity ; Electricity Price ; Emerging Markets ; Emission ; Emission Cap ; Emissions ; Energy ; Energy Production and Transportation ; Energy and Environment ; Environment ; Environment and Energy Efficiency ; Environmental Economics and Policies ; Macroeconomics and Economic Growth ; Markets and Market Access ; Private Sector Development ; Public Sector Development ; Abatement Costs ; Carbon Market ; Carbon Policy and Trading ; Clean Air ; Climate Change ; Climate Change Policy ; Demand For Energy ; Electricity ; Electricity Price ; Emerging Markets ; Emission ; Emission Cap ; Emissions ; Energy ; Energy Production and Transportation ; Energy and Environment ; Environment ; Environment and Energy Efficiency ; Environmental Economics and Policies ; Macroeconomics and Economic Growth ; Markets and Market Access ; Private Sector Development ; Public Sector Development ; Abatement Costs ; Carbon Market ; Carbon Policy and Trading ; Clean Air ; Climate Change ; Climate Change Policy ; Demand For Energy ; Electricity ; Electricity Price ; Emerging Markets ; Emission ; Emission Cap ; Emissions ; Energy ; Energy Production and Transportation ; Energy and Environment ; Environment ; Environment and Energy Efficiency ; Environmental Economics and Policies ; Macroeconomics and Economic Growth ; Markets and Market Access ; Private Sector Development ; Public Sector Development
    Abstract: Emission permit trading is a centerpiece of the Kyoto Protocol which allows participating nations to trade and bank greenhouse gas permits under the Framework Convention on Climate Change. When market conditions evolve stochastically, emission trading produces a dynamic problem, in which anticipation about the future economic environment affects current banking decisions. In this paper, the author explores the effect of increased uncertainty over future output prices and input costs on the temporal distribution of emissions. In a dynamic programming setting, a permit price is a convex function of stochastic prices of electricity and fuel. Increased uncertainty about future market conditions increases the expected permit price and causes a risk-neutral firm to reduce ex ante emissions so as to smooth out marginal abatement costs over time. The convexity results from the asymmetric impact of changes in counterfactual emissions on the change of marginal abatement costs. Empirical analysis corroborates the theoretical prediction. The author finds that a 1 percent increase in electricity price volatility measured by the annualized standard deviation of percentage price change is associated with an average decrease in the annual emission rate by 0.88 percent. Numerical simulation suggests that high uncertainty could induce substantially early abatements, as well as large compliance costs, therefore imposing a tradeoff between environmental benefits and economic efficiency. The author discusses policy implications for designing an effective and efficient global carbon market
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  • 43
    Language: English
    Pages: Online-Ressource (1 online resource (38 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Zeng, Douglas Zhihua China And The Knowledge Economy
    Keywords: Debt Markets ; E-Business ; Economic development ; Economic growth ; Economic incentives ; Emerging Markets ; Environment ; Environmental Economics and Policies ; Farms ; Finance and Financial Sector Development ; Health, Nutrition and Population ; Labor force ; Market competition ; Policy environment ; Policy instruments ; Population Policies ; Private Sector Development ; Property rights ; Quotas ; Debt Markets ; E-Business ; Economic development ; Economic growth ; Economic incentives ; Emerging Markets ; Environment ; Environmental Economics and Policies ; Farms ; Finance and Financial Sector Development ; Health, Nutrition and Population ; Labor force ; Market competition ; Policy environment ; Policy instruments ; Population Policies ; Private Sector Development ; Property rights ; Quotas ; Debt Markets ; E-Business ; Economic development ; Economic growth ; Economic incentives ; Emerging Markets ; Environment ; Environmental Economics and Policies ; Farms ; Finance and Financial Sector Development ; Health, Nutrition and Population ; Labor force ; Market competition ; Policy environment ; Policy instruments ; Population Policies ; Private Sector Development ; Property rights ; Quotas
    Abstract: The rapid pace of economic growth in China has been unprecedented since the start of economic reforms in late 1970s. It has delivered higher incomes and made the largest single contribution to global poverty reduction. Measured by international poverty lines, from 1978-2004, the absolute poor population in rural areas has dropped from 250 million to 26.1 million. Such gains are impressive and have been driven largely by a set of market-oriented institutional reforms, strong investment, and effective adoption and application of various knowledge and technologies, especially foreign ones through trade and foreign direct investment. While enjoying tremendous success, China also faces many challenges that need to be addressed to sustain its long-term development. These include weak institutions, low overall educational attainment, weak indigenous innovation capacity, poor links between research and development and industries, and so on. This paper provides an analysis of some strengths, weaknesses, opportunities, and challenges to China's knowledge economy in the areas of economic incentives and institutional regime, human capital, innovation system, and information infrastructure
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  • 44
    Language: English
    Pages: Online-Ressource (1 online resource (17 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Kenyon, Thomas A Framework For Thinking About Enterprise Formalization Policies In Developing Countries
    Keywords: Access to Finance ; Business associations ; E-Business ; Economic activities ; Emerging Markets ; Entrepreneurs ; Environment ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Government intervention ; Information sharing ; Microfinance ; Private Sector Development ; Private enterprise ; Public policy ; Small businesses ; Small enterprise ; Union ; Access to Finance ; Business associations ; E-Business ; Economic activities ; Emerging Markets ; Entrepreneurs ; Environment ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Government intervention ; Information sharing ; Microfinance ; Private Sector Development ; Private enterprise ; Public policy ; Small businesses ; Small enterprise ; Union ; Access to Finance ; Business associations ; E-Business ; Economic activities ; Emerging Markets ; Entrepreneurs ; Environment ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Government intervention ; Information sharing ; Microfinance ; Private Sector Development ; Private enterprise ; Public policy ; Small businesses ; Small enterprise ; Union
    Abstract: What policies encourage firms to become formal? The standard approach emphasizes reducing the costs of compliance with government regulation. This is unlikely to be sufficient. Instead we need to understand compliance as a function not only of firm-level costs and benefits but also in terms of the interaction between the firm and its competitors and between the firm and the state. This paper emphasizes the coordination and credibility issues involved in promoting formalization and discusses possible institutional solutions, among them business associations that make the benefits of membership dependent on compliance, information sharing arrangements among government agencies and improvements in the quality of public management
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  • 45
    Language: English
    Pages: Online-Ressource (1 online resource (48 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Mendelsohn, Robert The impact of climate change on livestock management in Africa
    Keywords: Agriculture ; Animal ; Animal husbandry ; Animals ; Beef ; Beef cattle ; Environment ; Farm ; Farmer ; Livestock ; Livestock Farmers ; Livestock Management ; Livestock and Animal Husbandry ; Wildlife Resources ; Agriculture ; Animal ; Animal husbandry ; Animals ; Beef ; Beef cattle ; Environment ; Farm ; Farmer ; Livestock ; Livestock Farmers ; Livestock Management ; Livestock and Animal Husbandry ; Wildlife Resources ; Agriculture ; Animal ; Animal husbandry ; Animals ; Beef ; Beef cattle ; Environment ; Farm ; Farmer ; Livestock ; Livestock Farmers ; Livestock Management ; Livestock and Animal Husbandry ; Wildlife Resources
    Abstract: This paper develops the structural Ricardian method, a new approach to modeling agricultural performance using cross-sectional evidence, and uses the method to study animal husbandry in Africa. The model is intended to estimate the structure beneath Ricardian results in order to understand how farmers change their behavior in response to climate. A survey of over 5,000 livestock farmers in 10 countries reveals that the selection of species, the net income per animal, and the number of animals are all highly dependent on climate. As climate warms, net income across all animals will fall, especially across beef cattle. The fall in net income causes African farmers to reduce the number of animals on their farms. The fall in relative revenues also causes them to shift away from beef cattle and toward sheep and goats. All farmers will lose income but the most vulnerable farms are large African farms that currently specialize in beef cattle. Small livestock and large livestock farms respond to climates differently. Small farms are diversified, relying on dairy cattle, goats, sheep, and chickens. Large farms specialize in dairy and beef cattle. Estimating a separate multinomial logit selection model for small and large farms reveals that the two types of farm choose species differently and specifically have different climate response functions. The regressions of the number of animals also reveal that large farms are more responsive to climate. The results indicate that warming will be harmful to commercial livestock owners, especially cattle owners. Owners of commercial livestock farms have few alternatives either in crops or other animal species. In contrast, small livestock farms are better able to adapt to warming or precipitation increases by switching to heat tolerant animals or crops. Livestock operations will be a safety valve for small farmers if warming or drought causes their crops to fail
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  • 46
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (37 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Jain, Suman An empirical economic assessment of impacts of climate change on agriculture in Zambia
    Keywords: Agriculture ; Climate ; Climate Change ; Climate Change ; Climate change research ; Climate variables ; Crops and Crop Management Systems ; Economic impacts ; Environment ; GDP ; Global Environment ; Rainfall ; Socioeconomic variables ; Soil ; Temperature ; Agriculture ; Climate ; Climate Change ; Climate Change ; Climate change research ; Climate variables ; Crops and Crop Management Systems ; Economic impacts ; Environment ; GDP ; Global Environment ; Rainfall ; Socioeconomic variables ; Soil ; Temperature ; Agriculture ; Climate ; Climate Change ; Climate Change ; Climate change research ; Climate variables ; Crops and Crop Management Systems ; Economic impacts ; Environment ; GDP ; Global Environment ; Rainfall ; Socioeconomic variables ; Soil ; Temperature
    Abstract: This report assesses the economic impacts of climate change on agriculture in Zambia, using the Ricardian method. A multiple linear regression model with net revenue per hectare as response variable has been fitted with climate, hydrological, soil, and socioeconomic variables as explanatory variables. There is one main cropping season in Zambia, lasting from November to April. Crop production in this period depends solely on rains. Considering crop progression in three stages-germination, growing, and maturing, which require different amounts of water and temperature-the climate variables included in the model are long-term averages of the temperature and wetness index for the periods November to December, January to February, and March to April. Assuming a nonlinear relationship of farm revenue with the climate variables, quadratic terms for climate variables were also included in the model. The results indicate that most socioeconomic variables are not significant, whereas some climate variables and the corresponding quadratic variables are significant in the model. Further findings are that an increase in the November-December mean temperature and a decrease in the January-February mean rainfall have negative impacts on net farm revenue, whereas an increase in the January-February mean temperature and mean annual runoff has a positive impact
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  • 47
    Language: English
    Pages: Online-Ressource (1 online resource (101 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Wheeler, David Country stakes in climate change negotiations
    Keywords: Carbon emissions ; Climate Change ; Climate Change ; Climate Change Negotiations ; Distribution of energy ; Energy ; Energy Production and Transportation ; Energy and Environment ; Energy resources ; Environment ; Environment and Energy Efficiency ; Fossil ; Fossil fuel ; Greenhouse gases ; Renewable energy ; Renewable energy resources ; Carbon emissions ; Climate Change ; Climate Change ; Climate Change Negotiations ; Distribution of energy ; Energy ; Energy Production and Transportation ; Energy and Environment ; Energy resources ; Environment ; Environment and Energy Efficiency ; Fossil ; Fossil fuel ; Greenhouse gases ; Renewable energy ; Renewable energy resources ; Carbon emissions ; Climate Change ; Climate Change ; Climate Change Negotiations ; Distribution of energy ; Energy ; Energy Production and Transportation ; Energy and Environment ; Energy resources ; Environment ; Environment and Energy Efficiency ; Fossil ; Fossil fuel ; Greenhouse gases ; Renewable energy ; Renewable energy resources
    Abstract: Using a comprehensive geo-referenced database of indicators relating to global change and energy, the paper assesses countries' likely attitudes with respect to international treaties that regulate carbon emissions. The authors distinguish between source and impact vulnerability and classify countries according to these dimensions. The findings show clear differences in the factors that determine likely negotiating positions. This analysis and the resulting detailed, country level information help to explain the incentives required to make the establishment of such agreements more likely
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  • 48
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (53 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Maddison, David The Perception of And Adaptation To Climate Change In Africa
    Keywords: Agricultural Knowledge and Information Systems ; Agriculture ; Carbon dioxide ; Climate ; Climate Change ; Climate Change ; Climate change research ; Climate changes ; Climate warming ; Environment ; Fertilization ; Global climate change ; Hazard Risk Management ; Poverty Reduction ; Precipitation ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Poverty Reduction ; Temperature ; Urban Development ; Agricultural Knowledge and Information Systems ; Agriculture ; Carbon dioxide ; Climate ; Climate Change ; Climate Change ; Climate change research ; Climate changes ; Climate warming ; Environment ; Fertilization ; Global climate change ; Hazard Risk Management ; Poverty Reduction ; Precipitation ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Poverty Reduction ; Temperature ; Urban Development ; Agricultural Knowledge and Information Systems ; Agriculture ; Carbon dioxide ; Climate ; Climate Change ; Climate Change ; Climate change research ; Climate changes ; Climate warming ; Environment ; Fertilization ; Global climate change ; Hazard Risk Management ; Poverty Reduction ; Precipitation ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Poverty Reduction ; Temperature ; Urban Development
    Abstract: The objective of this paper is to determine the ability of farmers in Africa to detect climate change, and to ascertain how they have adapted to whatever climate change they believe has occurred. The paper also asks farmers whether they perceive any barriers to adaptation and attempts to determine the characteristics of those farmers who, despite claiming to have witnessed climate change, have not yet responded to it. The study is based on a large-scale survey of agriculturalists in 11 African countries. The survey reveals that significant numbers of farmers believe that temperatures have already increased and that precipitation has declined. Those with the greatest experience of farming are more likely to notice climate change. Further, neighboring farmers tell a consistent story. There are important differences in the propensity of farmers living in different locations to adapt and there may be institutional impediments to adaptation in some countries. Although large numbers of farmers perceive no barriers to adaptation, those that do perceive them tend to cite their poverty and inability to borrow. Few if any farmers mentioned lack of appropriate seed, security of tenure, or market accessibility as problems. Those farmers who perceive climate change but fail to respond may require particular incentives or assistance to do what is ultimately in their own best interests. Although experienced farmers are more likely to perceive climate change, it is educated farmers who are more likely to respond by making at least one adaptation
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  • 49
    Language: English
    Pages: Online-Ressource (1 online resource (54 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Lecocq, Franck How Might Climate Change Affect Economic Growth In Developing Countries ?
    Keywords: Climate Change ; Climate Change ; Economic Growth ; Economic Growth ; Economic Theory and Research ; Economic development ; Economics ; Emissions ; Environment ; Environmental Economics and Policies ; Equilibrium ; Forestry ; Greenhouse gases ; Macroeconomics and Economic Growth ; Poverty Reduction ; Pro-Poor Growth ; Resource allocation ; Returns to scale ; Climate Change ; Climate Change ; Economic Growth ; Economic Growth ; Economic Theory and Research ; Economic development ; Economics ; Emissions ; Environment ; Environmental Economics and Policies ; Equilibrium ; Forestry ; Greenhouse gases ; Macroeconomics and Economic Growth ; Poverty Reduction ; Pro-Poor Growth ; Resource allocation ; Returns to scale ; Climate Change ; Climate Change ; Economic Growth ; Economic Growth ; Economic Theory and Research ; Economic development ; Economics ; Emissions ; Environment ; Environmental Economics and Policies ; Equilibrium ; Forestry ; Greenhouse gases ; Macroeconomics and Economic Growth ; Poverty Reduction ; Pro-Poor Growth ; Resource allocation ; Returns to scale
    Abstract: This paper reviews the empirical and theoretical literature on economic growth to examine how the four components of the climate change bill, namely mitigation, proactive (ex ante) adaptation, reactive (ex post) adaptation, and ultimate damages of climate change affect growth, especially in developing countries. The authors consider successively the Cass-Koopmans growth model and three major strands of the subsequent literature on growth: with multiple sectors, with rigidities, and with increasing returns. The paper finds that although the growth literature rarely addresses climate change per se, some issues discussed in the growth literature are directly relevant for climate change analysis. Notably, destruction of production factors, or decrease in factor productivity may strongly affect long-run equilibrium growth even in one-sector neoclassical growth models; climatic shocks have had large impacts on growth in developing countries because of rigidities; and the introducing increasing returns has a major impact on growth dynamics, in particular through induced technical change, poverty traps, or lock-ins. Among the most important gaps identified in the literature are lack of understanding of the channels by which shocks affect economic growth, lack of understanding of lock-ins, heavy reliance of numerical models assessing climate policies on neoclassical-type growth frameworks, and frequent use of an inappropriate "without climate change" counterfactual
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  • 50
    Language: English
    Pages: Online-Ressource (1 online resource (82 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: de la Torre, Augusto Innovative Experiences In Access To Finance
    Keywords: Access to Finance ; Banks and Banking Reform ; Credit Guarantee ; Debt Markets ; Emerging Markets ; Environment ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Financial development ; Financial markets ; International Bank ; Investment projects ; Market Infrastructure ; Private Sector Development ; Public banks ; Return ; Transaction ; Transaction Cost ; Access to Finance ; Banks and Banking Reform ; Credit Guarantee ; Debt Markets ; Emerging Markets ; Environment ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Financial development ; Financial markets ; International Bank ; Investment projects ; Market Infrastructure ; Private Sector Development ; Public banks ; Return ; Transaction ; Transaction Cost ; Access to Finance ; Banks and Banking Reform ; Credit Guarantee ; Debt Markets ; Emerging Markets ; Environment ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Financial development ; Financial markets ; International Bank ; Investment projects ; Market Infrastructure ; Private Sector Development ; Public banks ; Return ; Transaction ; Transaction Cost
    Abstract: Interest in access to finance has increased significantly in recent years, as growing evidence suggests that lack of access to credit prevents lower-income households and small firms from financing high return investment projects, having an adverse effect on growth and poverty alleviation. This study describes some recent innovative experiences to broaden access to credit. These experiences are consistent with an emerging new view that recognizes a limited role for the public sector in financial markets, but contends that there might be room for well-designed, restricted interventions in collaboration with the private sector to foster financial development and broaden access. The authors illustrate this view with several recent experiences in Latin America and then discuss some open policy questions about the role of the public and private sectors in driving these financial innovations
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  • 51
    Language: English
    Pages: Online-Ressource (1 online resource (32 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Deressa, Temesgen Tadesse Measuring The Economic Impact of Climate Change On Ethiopian Agriculture
    Keywords: Agriculture ; Climate ; Climate Change ; Climate Change ; Common Property Resource Development ; Crops and Crop Management Systems ; Drought ; Environment ; Environmental Economics and Policies ; Fertilization ; Global Environment ; Gross domestic product ; IPCC ; Policy formulation ; Precipitation ; Rural Development ; Soil ; Temperature ; Agriculture ; Climate ; Climate Change ; Climate Change ; Common Property Resource Development ; Crops and Crop Management Systems ; Drought ; Environment ; Environmental Economics and Policies ; Fertilization ; Global Environment ; Gross domestic product ; IPCC ; Policy formulation ; Precipitation ; Rural Development ; Soil ; Temperature ; Agriculture ; Climate ; Climate Change ; Climate Change ; Common Property Resource Development ; Crops and Crop Management Systems ; Drought ; Environment ; Environmental Economics and Policies ; Fertilization ; Global Environment ; Gross domestic product ; IPCC ; Policy formulation ; Precipitation ; Rural Development ; Soil ; Temperature
    Abstract: This study uses the Ricardian approach to analyze the impact of climate change on Ethiopian agriculture and to describe farmer adaptations to varying environmental factors. The study analyzes data from 11 of the country's 18 agro-ecological zones, representing more than 74 percent of the country, and survey of 1,000 farmers from 50 districts. Regressing of net revenue on climate, household, and soil variables show that these variables have a significant impact on the farmers' net revenue per hectare.The study carries out a marginal impact analysis of increasing temperature and changing precipitation across the four seasons. In addition, it examines the impact of uniform climate scenarios on farmers' net revenue per hectare. Additionally, it analyzes the net revenue impact of predicted climate scenarios from three models for the years 2050 and 2100. In general, the results indicate that increasing temperature and decreasing precipitation are both damaging to Ethiopian agriculture. Although the analysis did not incorporate the carbon fertilization effect, the role of technology, or the change in prices for the future, significant information for policy-making can be extracted
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  • 52
    Language: English
    Pages: Online-Ressource (1 online resource (31 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Honorati, Maddalena Corruption, The Business Environment, And Small Business Growth In India
    Keywords: Access to Finance ; Credit rationing ; Econometrics ; Economic Development ; Economic Growth ; Economic growth ; Environment ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Labor Markets ; Labor Policies ; Labor markets ; Macroeconomics and Economic Growth ; Political Economy ; Productivity growth ; Property rights ; Social Protections and Labor ; Wage Differentials ; Wage rates ; Access to Finance ; Credit rationing ; Econometrics ; Economic Development ; Economic Growth ; Economic growth ; Environment ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Labor Markets ; Labor Policies ; Labor markets ; Macroeconomics and Economic Growth ; Political Economy ; Productivity growth ; Property rights ; Social Protections and Labor ; Wage Differentials ; Wage rates ; Access to Finance ; Credit rationing ; Econometrics ; Economic Development ; Economic Growth ; Economic growth ; Environment ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Labor Markets ; Labor Policies ; Labor markets ; Macroeconomics and Economic Growth ; Political Economy ; Productivity growth ; Property rights ; Social Protections and Labor ; Wage Differentials ; Wage rates
    Abstract: This paper estimates a dynamic business growth equation on a sample of small-scale manufacturers. The results suggest that excessive labor regulation, power shortages, and problems of access to finance are significant influences on industrial growth in India. The expected annual sales growth rate of an enterprise is lower where labor regulation is greater, power shortages are more severe, and cash flow constraints are stronger. The effects of each of the three factors on business growth seem also to depend on a fourth element, namely, corruption. Specifically, labor regulation affects the growth only of enterprises for which corruption is not a factor in business decisions. By contrast, power shortages seem to be a drag on the growth only of enterprises self-reportedly held back by corruption. Lastly, sales growth is constrained by cash flow only in businesses that are not affected by labor regulation, power shortages, or corruption. The analysis uses corruption as a proxy for the quality of "property rights institutions" and considers labor regulation and small business financing as instances of "contracting institutions." The findings on the interaction between corruption and other aspects of business environment then seems to indicate that the quality of property rights institutions exerts more abiding influence on economic outcomes than the quality of contracting institutions. Moreover, there might also be a hierarchy among contracting institutions in their effect on manufacturing growth
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  • 53
    Language: English
    Pages: Online-Ressource (1 online resource (109 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Rajagopal, Deepak Review of Environmental, Economic And Policy Aspects of Biofuels
    Keywords: Access to energy ; Biomass ; Carbon offset ; Climate change ; Energy ; Energy Production and Transportation ; Energy and Environment ; Environment ; Environmental Economics and Policies ; Ethanol ; Fuel ; Generation ; Oil ; Primary energy ; Primary energy supply ; Renewable Energy ; Transport ; Transport Economics, Policy and Planning ; Access to energy ; Biomass ; Carbon offset ; Climate change ; Energy ; Energy Production and Transportation ; Energy and Environment ; Environment ; Environmental Economics and Policies ; Ethanol ; Fuel ; Generation ; Oil ; Primary energy ; Primary energy supply ; Renewable Energy ; Transport ; Transport Economics, Policy and Planning ; Access to energy ; Biomass ; Carbon offset ; Climate change ; Energy ; Energy Production and Transportation ; Energy and Environment ; Environment ; Environmental Economics and Policies ; Ethanol ; Fuel ; Generation ; Oil ; Primary energy ; Primary energy supply ; Renewable Energy ; Transport ; Transport Economics, Policy and Planning
    Abstract: The world is witnessing a sudden growth in production of biofuels, especially those suited for replacing oil like ethanol and biodiesel. This paper synthesizes what the environmental, economic, and policy literature predicts about the possible effects of these types of biofuels. Another motivation is to identify gaps in understanding and recommend areas for future work. The analysis finds three key conclusions. First, the current generation of biofuels, which is derived from food crops, is intensive in land, water, energy, and chemical inputs. Second, the environmental literature is dominated by a discussion of net carbon offset and net energy gain, while indicators relating to impact on human health, soil quality, biodiversity, water depletion, etc., have received much less attention. Third, there is a fast expanding economic and policy literature that analyzes the various effects of biofuels from both micro and macro perspectives, but there are several gaps. A bewildering array of policies - including energy, transportation, agricultural, trade, and environmental policies - is influencing the evolution of biofuels. But the policies and the level of subsidies do not reflect the marginal impact on welfare or the environment. In summary, all biofuels are not created equal. They exhibit considerable spatial and temporal heterogeneity in production. The impact of biofuels will also be heterogeneous, creating winners and losers. The findings of the paper suggest the importance of the role biomass plays in rural areas of developing countries. Furthermore, the use of biomass for producing fuel for cars can affect access to energy and fodder and not just access to food
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  • 54
    Language: English
    Pages: Online-Ressource (1 online resource (26 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ghesquiere, Francis Sovereign Natural Disaster Insurance For Developing Countries
    Keywords: Banks and Banking Reform ; Debt Markets ; Developing Countries ; Environment ; Expenditures ; Finance and Financial Sector Development ; Hazard Risk Management ; Insurance ; Insurance and Risk Mitigation ; Long-term resource ; Natural Disaster ; Natural Disasters ; Private investors ; Public investment ; Risk Management ; Safety Net ; Tax ; Urban Development ; Banks and Banking Reform ; Debt Markets ; Developing Countries ; Environment ; Expenditures ; Finance and Financial Sector Development ; Hazard Risk Management ; Insurance ; Insurance and Risk Mitigation ; Long-term resource ; Natural Disaster ; Natural Disasters ; Private investors ; Public investment ; Risk Management ; Safety Net ; Tax ; Urban Development ; Banks and Banking Reform ; Debt Markets ; Developing Countries ; Environment ; Expenditures ; Finance and Financial Sector Development ; Hazard Risk Management ; Insurance ; Insurance and Risk Mitigation ; Long-term resource ; Natural Disaster ; Natural Disasters ; Private investors ; Public investment ; Risk Management ; Safety Net ; Tax ; Urban Development
    Abstract: Economic theory suggests that countries should ignore uncertainty for public investment and behave as if indifferent to risk because they can pool risks to a much greater extent than private investors can. This paper discusses the general economic theory in the case of developing countries. The analysis identifies several cases where the government's risk-neutral assumption does not hold, thus making rational the use of ex ante risk financing instruments, including sovereign insurance. The paper discusses the optimal level of sovereign insurance. It argues that, because sovereign insurance is usually more expensive than post-disaster financing, it should mainly cover immediate needs, while long-term expenditures should be financed through post-disaster financing (including ex post borrowing and tax increases). In other words, sovereign insurance should not aim at financing the long-term resource gap, but only the short-term liquidity need
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  • 55
    Language: English
    Pages: Online-Ressource (1 online resource (33 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Molua, Ernest L The Economic Impact of Climate Change On Agriculture In Cameroon, Volume 1of 1
    Keywords: Climate ; Climate Change ; Climate Change ; Climate change research ; Climate changes ; Common Property Resource Development ; Economic Theory and Research ; Environment ; Environmental Economics and Policies ; GDP ; Global Environment ; Global climate change ; Macroeconomics and Economic Growth ; Precipitation ; Rainfall ; Rural Development ; Soil ; Temperature ; Climate ; Climate Change ; Climate Change ; Climate change research ; Climate changes ; Common Property Resource Development ; Economic Theory and Research ; Environment ; Environmental Economics and Policies ; GDP ; Global Environment ; Global climate change ; Macroeconomics and Economic Growth ; Precipitation ; Rainfall ; Rural Development ; Soil ; Temperature ; Climate ; Climate Change ; Climate Change ; Climate change research ; Climate changes ; Common Property Resource Development ; Economic Theory and Research ; Environment ; Environmental Economics and Policies ; GDP ; Global Environment ; Global climate change ; Macroeconomics and Economic Growth ; Precipitation ; Rainfall ; Rural Development ; Soil ; Temperature
    Abstract: This study examines the impact of climate change on crop farming in Cameroon. The country's economy is predominantly agrarian and agriculture and the exploitation of natural resources remain the driving force for the country's economic development. Fluctuations in national income are due not merely to the decline in world demand for Cameroon's traditional agricultural exports or to mistakes in economic policy making, but also to the vagaries of the weather. Based on a farm-level survey of more than 800 farms, the study employs a Ricardian cross-sectional approach to measure the relationship between climate and the net revenue from crops. Net revenue is regressed on climate, water flow, soil, and economic variables. Further, uniform scenarios assume that only one aspect of climate changes and the change is uniform across the whole country. The analysis finds that net revenues fall as precipitation decreases or temperatures increase across all the surveyed farms. The study reaffirms that agriculture in Cameroon is often limited by seasonality and the availability of moisture. Although other physical factors, such as soil and relief, have an important influence on agriculture, climate remains the dominant influence on the variety of crops cultivated and the types of agriculture practiced
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  • 56
    Language: English
    Pages: Online-Ressource (1 online resource (39 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Keefer, Philip Beyond Legal Origin And Checks And Balances
    Keywords: Bank Accounts ; Bank Balance Sheets ; Bank Policy ; Checks ; Contract ; Contract Rights ; Credibility ; Debt Markets ; Depositors ; Economic Theory and Research ; Emerging Markets ; Exchange ; Expropriation ; Finance ; Finance and Financial Sector Development ; Financial Literacy ; Financial Markets ; Inequality ; Labor Policies ; Law and Development ; Legal Products ; Macroeconomics and Economic Growth ; Political Economy ; Poverty Reduction ; Private Sector Development ; Privatization ; Social Protections and Labor ; Bank Accounts ; Bank Balance Sheets ; Bank Policy ; Checks ; Contract ; Contract Rights ; Credibility ; Debt Markets ; Depositors ; Economic Theory and Research ; Emerging Markets ; Exchange ; Expropriation ; Finance ; Finance and Financial Sector Development ; Financial Literacy ; Financial Markets ; Inequality ; Labor Policies ; Law and Development ; Legal Products ; Macroeconomics and Economic Growth ; Political Economy ; Poverty Reduction ; Private Sector Development ; Privatization ; Social Protections and Labor ; Bank Accounts ; Bank Balance Sheets ; Bank Policy ; Checks ; Contract ; Contract Rights ; Credibility ; Debt Markets ; Depositors ; Economic Theory and Research ; Emerging Markets ; Exchange ; Expropriation ; Finance ; Finance and Financial Sector Development ; Financial Literacy ; Financial Markets ; Inequality ; Labor Policies ; Law and Development ; Legal Products ; Macroeconomics and Economic Growth ; Political Economy ; Poverty Reduction ; Private Sector Development ; Privatization ; Social Protections and Labor
    Abstract: The existing literature emphasizes and contrasts the role of political checks and balances and legal origin in determining the pace of financial sector development. This paper expands substantially on one aspect of this debate: the fact that government actions that promote financial sector development, whether prudent financial regulation or secure property and contract rights, are public goods and sensitive to political incentives to provide public goods. Tests of hypotheses emanating from this argument yield four new conclusions. First, two key determinants of those incentives-the credibility of pre-electoral political promises and citizen information about politician decisions-systematically promote financial sector development. Second, these political factors, along with political checks and balances, operate in part through their influence on the security of property rights, an argument asserted but not previously tested. Third, contrary to findings elsewhere in the literature, the political determinants of financial sector development are significant even in the presence of controls for legal origin. Finally, and again in contrast to the literature, the evidence here suggests that legal origin primarily proxies for political phenomena. Legal origin is a largely insignificant determinant of financial sector development when those phenomena are fully taken into account
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  • 57
    Language: English
    Pages: Online-Ressource (1 online resource (38 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Easterly, William Walking Up The Down Escalator
    Keywords: Accounting ; Bank Policy ; Banks and Banking Reform ; Budget ; Cash Flow ; Cash Flows ; Debt ; Debt Markets ; Defic Exchange ; Emerging Markets ; Finance and Financial Sector Development ; Financial Literacy ; Fiscal Discipline ; Future ; Investment Spending ; Investment and Investment Climate ; Investments ; Liquidity ; Macroeconomics and Economic Growth ; Private Finance ; Private Sector Development ; Public Sector Economics and Finance ; Public Sector Expenditure Analysis and Management ; Accounting ; Bank Policy ; Banks and Banking Reform ; Budget ; Cash Flow ; Cash Flows ; Debt ; Debt Markets ; Defic Exchange ; Emerging Markets ; Finance and Financial Sector Development ; Financial Literacy ; Fiscal Discipline ; Future ; Investment Spending ; Investment and Investment Climate ; Investments ; Liquidity ; Macroeconomics and Economic Growth ; Private Finance ; Private Sector Development ; Public Sector Economics and Finance ; Public Sector Expenditure Analysis and Management ; Accounting ; Bank Policy ; Banks and Banking Reform ; Budget ; Cash Flow ; Cash Flows ; Debt ; Debt Markets ; Defic Exchange ; Emerging Markets ; Finance and Financial Sector Development ; Financial Literacy ; Fiscal Discipline ; Future ; Investment Spending ; Investment and Investment Climate ; Investments ; Liquidity ; Macroeconomics and Economic Growth ; Private Finance ; Private Sector Development ; Public Sector Economics and Finance ; Public Sector Expenditure Analysis and Management
    Abstract: Fiscal adjustment becomes like walking up the down escalator when growth-promoting spending is cut so much as to lower growth and thus the present value of future tax revenues to a degree that more than offsets the improvement in the cash deficit. Although short-term cash flows matter, a preponderant focus on them encourages governments to invest too little. Cash flow targets also encourage governments to shift investment spending off budget, by seeking private investment in public projects-irrespective of its real fiscal or economic benefits. To evade the action of cash flow targets, some have suggested excluding from their scope certain investments (such as those undertaken by public enterprises deemed commercial or financed by multilaterals). These stopgap remedies might sometimes help protect investment, but they do not provide a satisfactory solution to the underlying problem. Governments can more effectively reduce the biases created by the focus on short-term cash flows by developing indicators of the long-term fiscal effects of their decisions, including accounting and economic measures of net worth, and where appropriate including such measures in fiscal targets or even fiscal rules, replacing the exclusive focus on liquidity and debt
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  • 58
    Language: English
    Pages: Online-Ressource (1 online resource (18 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Seo, Niggol An Analysis of Livestock Choice
    Keywords: Agriculture ; Animal ; Animals ; Beef ; Beef Cattle ; Chickens ; Climate Change ; Communities & Human Settlements ; Dairy ; Dairy Cattle ; Environment ; Farm ; Farmer ; Feed ; Goats ; Livesto ; Livestock ; Livestock Farmers ; Livestock Income ; Livestock and Animal Husbandry ; Peri-Urban Communities ; Rural Development ; Rural Urban Linkages ; Urban Development ; Wildlife Resources ; Agriculture ; Animal ; Animals ; Beef ; Beef Cattle ; Chickens ; Climate Change ; Communities & Human Settlements ; Dairy ; Dairy Cattle ; Environment ; Farm ; Farmer ; Feed ; Goats ; Livesto ; Livestock ; Livestock Farmers ; Livestock Income ; Livestock and Animal Husbandry ; Peri-Urban Communities ; Rural Development ; Rural Urban Linkages ; Urban Development ; Wildlife Resources ; Agriculture ; Animal ; Animals ; Beef ; Beef Cattle ; Chickens ; Climate Change ; Communities & Human Settlements ; Dairy ; Dairy Cattle ; Environment ; Farm ; Farmer ; Feed ; Goats ; Livesto ; Livestock ; Livestock Farmers ; Livestock Income ; Livestock and Animal Husbandry ; Peri-Urban Communities ; Rural Development ; Rural Urban Linkages ; Urban Development ; Wildlife Resources
    Abstract: The authors explore how Latin American livestock farmers adapt to climate by switching species. They develop a multinomial choice model of farmer's choice of livestock species. Estimating the models across over 1,200 livestock farmers in seven countries, they find that both temperature and precipitation affect the species Latin American farmers choose. The authors then use this model to predict how future climate scenarios would affect species choice. Global warming will cause farmers to switch to beef cattle at the expense of dairy cattle
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  • 59
    Language: English
    Pages: Online-Ressource (1 online resource (41 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Budina, Nina Quantitative Approaches To Fiscal Sustainability Analysis
    Keywords: Balance of Payments ; Balance of Payments Crises ; Bank Policy ; Budget ; Business Cycle ; Central Bank ; Currencies and Exchange Rates ; Debt ; Debt Management ; Debt Management Policies ; Debt Markets ; Economic Stabilization ; Economic Theory and Research ; Emerging Markets ; Exchange ; External Debt ; Finance and Financial Sector Development ; Financial Literacy ; Fiscal Deficits ; International Economics & Trade ; Macroeconomics and Economic Growth ; Private Sector Development ; Public Sector Expenditure Analysis and Management ; Balance of Payments ; Balance of Payments Crises ; Bank Policy ; Budget ; Business Cycle ; Central Bank ; Currencies and Exchange Rates ; Debt ; Debt Management ; Debt Management Policies ; Debt Markets ; Economic Stabilization ; Economic Theory and Research ; Emerging Markets ; Exchange ; External Debt ; Finance and Financial Sector Development ; Financial Literacy ; Fiscal Deficits ; International Economics & Trade ; Macroeconomics and Economic Growth ; Private Sector Development ; Public Sector Expenditure Analysis and Management ; Balance of Payments ; Balance of Payments Crises ; Bank Policy ; Budget ; Business Cycle ; Central Bank ; Currencies and Exchange Rates ; Debt ; Debt Management ; Debt Management Policies ; Debt Markets ; Economic Stabilization ; Economic Theory and Research ; Emerging Markets ; Exchange ; External Debt ; Finance and Financial Sector Development ; Financial Literacy ; Fiscal Deficits ; International Economics & Trade ; Macroeconomics and Economic Growth ; Private Sector Development ; Public Sector Expenditure Analysis and Management
    Abstract: Fiscal sustainability analysis (FSA) is an important component of macroeconomic analysis. The authors review various quantitative approaches to FSA with a major objective to bring these approaches together and to present a user-friendly tool for FSA that reflects modern developments. They combine a dynamic simulations approach with a simplified version of the steady-state consistency approach. They also incorporate two different methods to deal with uncertainty: user-defined stress tests and stochastic simulations. The tool goes further by evaluating the required fiscal adjustment as a consequence of the stochastic realizations of the exogenous variables. Furthermore, the fiscal sustainability tool incorporates an endogenous debt feedback rule for the primary surplus, a fiscal policy reaction function. Besides outlining the theoretical framework, the authors also present a case study for Turkey
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  • 60
    Language: English
    Pages: Online-Ressource (1 online resource (40 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Oyefusi, Aderoju Oil And The Propensity To Armed Struggle In The Niger Delta Region of Nigeria
    Keywords: Civil Conflict ; Civil War ; Conflict and Development ; Disability ; Economic Theory and Research ; Education ; Education and Society ; Educational Attainment ; Environmental Damage ; Ethnic Group ; Ethnic Groups ; Finance and Financial Sector Development ; Financial Literacy ; Health, Nutrition and Population ; Immigration ; Macroeconomics and Economic Growth ; Minority ; Natural Resource ; Natural Resources ; Policy ; Political Economy ; Population Policies ; Post Conflict Reconstruction ; Social Conflict and Violence ; Social Development ; Social Protections and Labor ; Civil Conflict ; Civil War ; Conflict and Development ; Disability ; Economic Theory and Research ; Education ; Education and Society ; Educational Attainment ; Environmental Damage ; Ethnic Group ; Ethnic Groups ; Finance and Financial Sector Development ; Financial Literacy ; Health, Nutrition and Population ; Immigration ; Macroeconomics and Economic Growth ; Minority ; Natural Resource ; Natural Resources ; Policy ; Political Economy ; Population Policies ; Post Conflict Reconstruction ; Social Conflict and Violence ; Social Development ; Social Protections and Labor ; Civil Conflict ; Civil War ; Conflict and Development ; Disability ; Economic Theory and Research ; Education ; Education and Society ; Educational Attainment ; Environmental Damage ; Ethnic Group ; Ethnic Groups ; Finance and Financial Sector Development ; Financial Literacy ; Health, Nutrition and Population ; Immigration ; Macroeconomics and Economic Growth ; Minority ; Natural Resource ; Natural Resources ; Policy ; Political Economy ; Population Policies ; Post Conflict Reconstruction ; Social Conflict and Violence ; Social Development ; Social Protections and Labor
    Abstract: This paper attempts to explain the determinants of the propensity to armed struggle and the probability of participation by individuals in the Niger Delta region of Nigeria using primary (micro) data. While grievance appears to be pervasive among individuals and communities in the region and can be systematically explained, neither the grievance level nor its commonly cited causal factors appear to be strong enough to create a disposition toward armed rebellion. Rather, factors that reduce the opportunity cost and risk of participation or increase the perceived benefits appear to be more important. The study identifies three of these factors that are amenable to the policymaker's (government's) control as income level, educational attainment, and government presence
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  • 61
    Language: English
    Pages: Online-Ressource (1 online resource (28 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Kessides, Ioannis N The Pricing Dynamics of Utilities With Underdeveloped Networks
    Keywords: Choice ; Consumers ; Costs ; Debt Markets ; Demand ; Discount Rate ; Diseconomies of Scale ; E-Business ; Economic Efficiency ; Economic Theory and Research ; Emerging Markets ; Finance and Financial Sector Development ; Financial Literacy ; Incentives ; Investment ; Low Tariffs ; Macroeconomics and Economic Growth ; Marginal Costs ; Markets and Market Access ; Monopoly ; Optimization ; Private Sector Development ; Urban Water Supply and Sanitation ; Water Supply and Sanitation ; Choice ; Consumers ; Costs ; Debt Markets ; Demand ; Discount Rate ; Diseconomies of Scale ; E-Business ; Economic Efficiency ; Economic Theory and Research ; Emerging Markets ; Finance and Financial Sector Development ; Financial Literacy ; Incentives ; Investment ; Low Tariffs ; Macroeconomics and Economic Growth ; Marginal Costs ; Markets and Market Access ; Monopoly ; Optimization ; Private Sector Development ; Urban Water Supply and Sanitation ; Water Supply and Sanitation ; Choice ; Consumers ; Costs ; Debt Markets ; Demand ; Discount Rate ; Diseconomies of Scale ; E-Business ; Economic Efficiency ; Economic Theory and Research ; Emerging Markets ; Finance and Financial Sector Development ; Financial Literacy ; Incentives ; Investment ; Low Tariffs ; Macroeconomics and Economic Growth ; Marginal Costs ; Markets and Market Access ; Monopoly ; Optimization ; Private Sector Development ; Urban Water Supply and Sanitation ; Water Supply and Sanitation
    Abstract: This paper uses an analytically tractable intertemporal framework for analyzing the dynamic pricing of a utility with an underdeveloped network (a typical case in most developing countries) facing a competitive fringe, short-run network adjustment costs, theft of service, and the threat of a retaliatory regulatory review that is increasing with the price it charges. This simple dynamic optimization model yields a number of powerful policy insights and conclusions. Under a variety of plausible assumptions (in the context of developing countries) the utility will find its long-run profits enhanced if it exercises restraint in the early stages of network development by holding price below the limit defined by the unit costs of the fringe. The utility's optimal price gradually converges toward the limit price as its network expands. Moreover, when the utility is threatened with retaliatory regulatory intervention, it will generally have incentives to restrain its pricing behavior. These findings have important implications for the design of post-privatization regulatory governance in developing countries
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  • 62
    Language: English
    Pages: Online-Ressource (1 online resource (25 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Rojas, Gabriel V. Montes Can foreign lobbying enhance development ?
    Keywords: Accommodation and Tourism Industry ; Developed countries ; Developing countries ; Economic Theory and Research ; Environment ; Export earnings ; Hotels ; Industry ; International Economics & Trade ; Lobbying ; Macroeconomics and Economic Growth ; Protectionism ; Public Sector Corruption and Anticorruption Measures ; Public Sector Development ; Real income ; Tariff preferences ; Tourism ; Tourism and Ecotourism ; Trade Policy ; Trade promotion ; Accommodation and Tourism Industry ; Developed countries ; Developing countries ; Economic Theory and Research ; Environment ; Export earnings ; Hotels ; Industry ; International Economics & Trade ; Lobbying ; Macroeconomics and Economic Growth ; Protectionism ; Public Sector Corruption and Anticorruption Measures ; Public Sector Development ; Real income ; Tariff preferences ; Tourism ; Tourism and Ecotourism ; Trade Policy ; Trade promotion ; Accommodation and Tourism Industry ; Developed countries ; Developing countries ; Economic Theory and Research ; Environment ; Export earnings ; Hotels ; Industry ; International Economics & Trade ; Lobbying ; Macroeconomics and Economic Growth ; Protectionism ; Public Sector Corruption and Anticorruption Measures ; Public Sector Development ; Real income ; Tariff preferences ; Tourism ; Tourism and Ecotourism ; Trade Policy ; Trade promotion
    Abstract: There exist legal channels for informational lobbying of U.S. policymakers by foreign principals. Foreign governments and private sector principals frequently and intensively use this institutional channel to lobby on trade and tourism issues. The authors empirically study whether such lobbying effectively achieves its goal of trade promotion in the context of Caribbean tourism and it is the first paper to examine the potential for using foreign lobbying as a vehicle for development. They use panel data to explore and quantify the association between foreign lobbying by Caribbean principals and U.S. tourist arrivals to Caribbean destinations. A variety of sensitivity analyses support the finding of a strong association. The policy implications are obvious and potentially important for developing countries
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  • 63
    Language: English
    Pages: Online-Ressource (1 online resource (27 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Van Horen, Neeltje Customer market power and the provision of trade credit
    Keywords: Access to Finance ; Competitiveness ; Debt Markets ; Economic Theory and Research ; Environment ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Macroeconomics and Economic Growth ; Market Power ; Markets and Market Access ; Monopoly ; Product quality ; Purchasing ; Sale ; Sales ; Supplier ; Suppliers ; Surplus ; Access to Finance ; Competitiveness ; Debt Markets ; Economic Theory and Research ; Environment ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Macroeconomics and Economic Growth ; Market Power ; Markets and Market Access ; Monopoly ; Product quality ; Purchasing ; Sale ; Sales ; Supplier ; Suppliers ; Surplus ; Access to Finance ; Competitiveness ; Debt Markets ; Economic Theory and Research ; Environment ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Macroeconomics and Economic Growth ; Market Power ; Markets and Market Access ; Monopoly ; Product quality ; Purchasing ; Sale ; Sales ; Supplier ; Suppliers ; Surplus
    Abstract: Statistics show that the sale of goods on credit is widespread among firms even when they are capital constrained and thus face relatively high costs in providing trade credit. This study provides an explanation for this by arguing that customers who possess strong market power are able to increase their customer surplus by demanding to purchase the goods on credit. This gain in customer surplus increases with the degree of asymmetric information between buyer and seller with respect to product quality. Therefore, firms that are perceived as risky are especially subject to the market power of the customer and have to sell their goods on credit. Using detailed firm-level data from a large number of firms in Eastern Europe and Central Asia, this study finds evidence consistent with this hypothesis. It finds a strong positive correlation between customer market power and trade credit provision. Furthermore, this relationship is especially strong when the supplier is more risky and in countries with limited financial sector development or a weak legal system
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  • 64
    Language: English
    Pages: Online-Ressource (1 online resource (48 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Kurukulasuriya, Pradeep Scarperation
    Keywords: Climate change ; Crop production ; Environment ; Environmental Economics and Policies ; Governance and Institutions ; Industry ; Pipelines ; Pollution ; Pollution control ; Production process ; Riparian states ; River basins ; Rivers ; Town Water Supply and Sanitation ; Treaties ; Water Conservation ; Water Resources ; Water Supply and Sanitation ; Water Supply and Sanitation ; Water and Industry ; Climate change ; Crop production ; Environment ; Environmental Economics and Policies ; Governance and Institutions ; Industry ; Pipelines ; Pollution ; Pollution control ; Production process ; Riparian states ; River basins ; Rivers ; Town Water Supply and Sanitation ; Treaties ; Water Conservation ; Water Resources ; Water Supply and Sanitation ; Water Supply and Sanitation ; Water and Industry ; Climate change ; Crop production ; Environment ; Environmental Economics and Policies ; Governance and Institutions ; Industry ; Pipelines ; Pollution ; Pollution control ; Production process ; Riparian states ; River basins ; Rivers ; Town Water Supply and Sanitation ; Treaties ; Water Conservation ; Water Resources ; Water Supply and Sanitation ; Water Supply and Sanitation ; Water and Industry
    Abstract: The environment and security literature has argued that freshwater scarcity often leads to inter-state conflict, and possibly acute violence. The contention, however, ignores the long history of hydro-political cooperation exemplified by hundreds of documented agreements. Building on a theory that considers the relationship between scarcity and hydro-political cooperation, this paper empirically investigates why treaties are negotiated for some rivers and between some riparians, and not others. The paper suggests that long-term water scarcity has a significant influence on levels of cooperation. Additional variables considered include trade, level of governance among the riparian states, and the geography of the river. Findings confirm that cooperation and scarcity embody a concave (inverted U curve) relationship. Governance has a positive impact on cooperation. In addition, riparians may either arrange the use of their scarce water resources via a treaty or trade (and indirectly exchange [virtual] water). Scarcity, governance, and trade were found to be most salient in explaining levels of cooperation while geography is significant in some of the estimates
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  • 65
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (33 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Lotsch, Alexander Sensitivity of cropping patterns in Africa to transient climate change
    Keywords: Agriculture ; Atmosphere ; Climate ; Climate Change ; Climate Change ; Climate Changes ; Climate change research ; Climate models ; Common Property Resource Development ; Crops and Crop Management Systems ; Environment ; Global Environment ; Land use ; Precipitation ; Rainfall ; Rural Development ; Temperature ; Agriculture ; Atmosphere ; Climate ; Climate Change ; Climate Change ; Climate Changes ; Climate change research ; Climate models ; Common Property Resource Development ; Crops and Crop Management Systems ; Environment ; Global Environment ; Land use ; Precipitation ; Rainfall ; Rural Development ; Temperature ; Agriculture ; Atmosphere ; Climate ; Climate Change ; Climate Change ; Climate Changes ; Climate change research ; Climate models ; Common Property Resource Development ; Crops and Crop Management Systems ; Environment ; Global Environment ; Land use ; Precipitation ; Rainfall ; Rural Development ; Temperature
    Abstract: The detailed analysis of current cropping areas in Africa presented here reveals significant climate sensitivities of cropland density and distribution across a variety of agro-ecosystems. Based on empirical climate-cropland relationships, cropland density responds positively to increases in precipitation in semi-arid and arid zones of the sub-tropics and warmer temperatures in higher elevations. As a result, marginal increases in seasonal precipitation lead to denser cropping areas in arid and semi-arid regions. Warmer temperatures, on the other hand, tend to decrease the probability of cropping in most parts of Africa (the opposite is true for increases in rainfall and decreases in temperatures relative to current conditions). Despite discrepancies and uncertainties in climate model output, the analysis suggests that cropland area in Africa is likely to decrease significantly in response to transient changes in climate. The continent is expected to have lost on average 4.1 percent of its cropland by 2039, and 18.4 percent is likely to have disappeared by the end of the century. In some regions of Africa the losses in cropland area are likely to occur at a much faster rate, with northern and eastern Africa losing up to 15 percent of their current cropland area within the next 30 years or so. Gains in cropland area in western and southern Africa due to projected increases in precipitation during the earlier portions of the century will be offset by losses later on. In conjunction with existing challenges in the agricultural sector in Africa, these findings demand sound policies to manage existing agricultural lands and the productivity of cropping systems
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  • 66
    Language: English
    Pages: Online-Ressource (1 online resource (25 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Maddison, David The Impact of Climate Change On African Agriculture
    Keywords: Climate ; Climate Change ; Climate Change ; Climate change research ; Common Property Resource Development ; Emissions ; Environment ; Global Environment ; Global warming ; Kyoto Protocol ; Potential impacts ; Precipitation ; Rural Development ; Rural Development Knowledge and Information Systems ; Soil ; Temperature ; Climate ; Climate Change ; Climate Change ; Climate change research ; Common Property Resource Development ; Emissions ; Environment ; Global Environment ; Global warming ; Kyoto Protocol ; Potential impacts ; Precipitation ; Rural Development ; Rural Development Knowledge and Information Systems ; Soil ; Temperature ; Climate ; Climate Change ; Climate Change ; Climate change research ; Common Property Resource Development ; Emissions ; Environment ; Global Environment ; Global warming ; Kyoto Protocol ; Potential impacts ; Precipitation ; Rural Development ; Rural Development Knowledge and Information Systems ; Soil ; Temperature
    Abstract: This paper uses the Ricardian approach to examine how farmers in 11 countries in Africa have adapted to existing climatic conditions. It then estimates the effects of predicted changes in climate while accounting for whatever farmer adaptation might occur. This study differs from earlier ones by using farmers' own perceptions of the value of their land. Previous research, by contrast, has relied on either observed sale prices or net revenues, sometimes aggregated over geographically large tracts of terrain. The study also makes use of high resolution data describing soil quality and runoff. Furthermore, it tackles the challenges involved in modeling the effect of climate on agriculture in a study that includes countries in the northern and southern hemispheres, as well as the tropics. The study confirms that African agriculture is particularly vulnerable to climate change. Even with perfect adaptation, regional climate change by 2050 is predicted to entail production losses of 19.9 percent for Burkina Faso and 30.5 percent for Niger. By contrast, countries such as Ethiopia and South Africa are hardly affected at all, suffering productivity losses of only 1.3 percent and 3 percent, respectively. The study also confirms the importance of water supplies as measured by runoff, which, being affected by both temperature and precipitation, may itself be highly sensitive to climate change
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  • 67
    Language: English
    Pages: Online-Ressource (1 online resource (40 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Klapper, Leora Entrepreneurship And Firm Formation Across Countries
    Keywords: Business Environment ; Business in Development ; Business registration ; Businesses ; Capabilities ; Competitiveness and Competition Policy ; E-Business ; E-mail ; Economic Development ; Environment ; Environmental Economics and Policies ; Private Sector ; Private Sector Development ; Public Sector Development ; Registries ; Regulatory environment ; Results ; Web ; Business Environment ; Business in Development ; Business registration ; Businesses ; Capabilities ; Competitiveness and Competition Policy ; E-Business ; E-mail ; Economic Development ; Environment ; Environmental Economics and Policies ; Private Sector ; Private Sector Development ; Public Sector Development ; Registries ; Regulatory environment ; Results ; Web ; Business Environment ; Business in Development ; Business registration ; Businesses ; Capabilities ; Competitiveness and Competition Policy ; E-Business ; E-mail ; Economic Development ; Environment ; Environmental Economics and Policies ; Private Sector ; Private Sector Development ; Public Sector Development ; Registries ; Regulatory environment ; Results ; Web
    Abstract: The World Bank Group Entrepreneurship Survey measures entrepreneurial activity around the world. The database includes cross-country, time-series data on the number of total and newly registered businesses for 84 countries. This paper finds significant relationships between entrepreneurial activity and indicators of economic and financial development and growth, the quality of the legal and regulatory environment, and governance. The analysis shows the importance of electronic registration procedures to encourage greater business registration. These results can guide effective policymaking and deliver new capabilities for identifying the impact of reforms
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  • 68
    Language: English
    Pages: Online-Ressource (1 online resource (40 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Kabubo-Mariara, Jane The Economic Impact of Climate Change On Kenyan Crop Agriculture
    Keywords: Agriculture ; Climate ; Climate Change ; Climate Change ; Climate variables ; Common Property Resource Development ; Crops and Crop Management Systems ; Drought Management ; Environment ; Forestry ; Global Environment ; Global warming ; Irrigation ; Precipitation ; Rainfall ; Rural Development ; Soil ; Temperature ; Water Resources ; Agriculture ; Climate ; Climate Change ; Climate Change ; Climate variables ; Common Property Resource Development ; Crops and Crop Management Systems ; Drought Management ; Environment ; Forestry ; Global Environment ; Global warming ; Irrigation ; Precipitation ; Rainfall ; Rural Development ; Soil ; Temperature ; Water Resources ; Agriculture ; Climate ; Climate Change ; Climate Change ; Climate variables ; Common Property Resource Development ; Crops and Crop Management Systems ; Drought Management ; Environment ; Forestry ; Global Environment ; Global warming ; Irrigation ; Precipitation ; Rainfall ; Rural Development ; Soil ; Temperature ; Water Resources
    Abstract: This paper measures the economic impact of climate on crops in Kenya. The analysis is based on cross-sectional climate, hydrological, soil, and household level data for a sample of 816 households, and uses a seasonal Ricardian model. Estimated marginal impacts of climate variables suggest that global warming is harmful for agricultural productivity and that changes in temperature are much more important than changes in precipitation. This result is confirmed by the predicted impact of various climate change scenarios on agriculture. The results further confirm that the temperature component of global warming is much more important than precipitation. The authors analyze farmers' perceptions of climate variations and their adaptation to these, and also constraints on adaptation mechanisms. The results suggest that farmers in Kenya are aware of short-term climate change, that most of them have noticed an increase in temperatures, and that some have taken adaptive measures
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  • 69
    Language: English
    Pages: Online-Ressource (1 online resource (52 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Timilsina, Govinda R The Role of Revenue Recycling Schemes In Environmental Tax Selection
    Keywords: Carbon Tax ; Carbon Taxes ; Debt Markets ; Energy ; Energy Production and Transportation ; Energy Tax ; Environment ; Environment and Energy Efficiency ; Environmental Tax ; Environmental Taxes ; Finance and Financial Sector Development ; Income Tax ; Levies ; Levy ; Macroeconomics and Economic Growth ; Tax Rates ; Tax Revenue ; Taxation and Subsidies ; Transport ; Transport Economics, Policy and Planning ; Carbon Tax ; Carbon Taxes ; Debt Markets ; Energy ; Energy Production and Transportation ; Energy Tax ; Environment ; Environment and Energy Efficiency ; Environmental Tax ; Environmental Taxes ; Finance and Financial Sector Development ; Income Tax ; Levies ; Levy ; Macroeconomics and Economic Growth ; Tax Rates ; Tax Revenue ; Taxation and Subsidies ; Transport ; Transport Economics, Policy and Planning ; Carbon Tax ; Carbon Taxes ; Debt Markets ; Energy ; Energy Production and Transportation ; Energy Tax ; Environment ; Environment and Energy Efficiency ; Environmental Tax ; Environmental Taxes ; Finance and Financial Sector Development ; Income Tax ; Levies ; Levy ; Macroeconomics and Economic Growth ; Tax Rates ; Tax Revenue ; Taxation and Subsidies ; Transport ; Transport Economics, Policy and Planning
    Abstract: This study examines the roles of revenue recycling schemes for the selection of alternative tax instruments (i.e., carbon-, sulphur-, energy- and output-tax) to reduce CO2 emissions to a specified level in Thailand. A static, single period, multi-sectoral computable general equilibrium (CGE) model of the Thai economy has been developed for this purpose. This study finds that the selection of a tax instrument to reduce CO2 emissions would be significantly influenced by the scheme to recycle the tax revenue to the economy. If the tax revenue is recycled to finance cuts in the existing labour or indirect tax rates, carbon tax would be more efficient than the sulphur-, energy- and output-taxes to reduce CO2 emissions. On the other hand, if the tax revenue is recycled to households through a lump-sum transfer, sulphur and carbon taxes would be more efficient than energy and output taxes. The ranking between the sulphur and carbon taxes under the lump sum transfer scheme depends on substitution possibility of fossil fuels. Sulphur tax is found superior over carbon tax at the higher substitution possibility between fossil fuels; the reverse is found true at the lower substitution possibility. In all schemes of revenue recycling considered, the output tax is found to be the most costly (i.e., in welfare terms) despite the fact that it generates two to three times higher revenue than the other tax instruments
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  • 70
    Language: English
    Pages: Online-Ressource (1 online resource (39 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Helble, Matthias Transparency, Trade Costs, And Regional Integration In The Asia Pacific
    Keywords: Cost Analysis ; Economic Development ; Economic Theory and Research ; Empirical Evidence ; Empirical Research ; Environment ; Environmental Economics and Policies ; Intermediate Goods ; Macroeconomics and Economic Growth ; Policy Instruments ; Producers ; Property Rights ; Transaction Costs ; Welfare Gains ; Cost Analysis ; Economic Development ; Economic Theory and Research ; Empirical Evidence ; Empirical Research ; Environment ; Environmental Economics and Policies ; Intermediate Goods ; Macroeconomics and Economic Growth ; Policy Instruments ; Producers ; Property Rights ; Transaction Costs ; Welfare Gains ; Cost Analysis ; Economic Development ; Economic Theory and Research ; Empirical Evidence ; Empirical Research ; Environment ; Environmental Economics and Policies ; Intermediate Goods ; Macroeconomics and Economic Growth ; Policy Instruments ; Producers ; Property Rights ; Transaction Costs ; Welfare Gains
    Abstract: The authors show in this paper that increasing the transparency of the trading environment can be an important complement to traditional liberalization of tariff and non-tariff barriers. Our definition of transparency is grounded in a transaction cost analysis. The authors focus on two dimensions of transparency: predictability (reducing the cost of uncertainty) and simplification (reducing information costs). Using the Asia Pacific Economic Cooperation (APEC) member economies as a case study, the authors construct indices of importer and exporter transparency for the region from a wide range of sources. Our results from a gravity model suggest that improving trade-related transparency in APEC could hold significant benefits by raising intra-APEC trade by proximately USD 148 billion or 7.5 pecent of baseline trade in the region
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  • 71
    Language: English
    Pages: Online-Ressource (1 online resource (22 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Fleischer, Aliza Climate Change, Irrigation, And Israeli Agriculture
    Keywords: Climate ; Climate Change ; Climate Change ; Climate Changes ; Climate Models ; Climate Sensitivity ; Common Property Resource Development ; Economic Impacts ; Environment ; Forestry ; Global Climate Change ; Impacts ; Industry ; Irrigation ; Land ; Less ; Rural Development ; Town Water Supply and Sanit ; Water Conservation ; Water Resources ; Water Supply and Sanitation ; Water Supply and Sanitation Governance and Institutions ; Water Supply and Systems ; Water and Industry ; Climate ; Climate Change ; Climate Change ; Climate Changes ; Climate Models ; Climate Sensitivity ; Common Property Resource Development ; Economic Impacts ; Environment ; Forestry ; Global Climate Change ; Impacts ; Industry ; Irrigation ; Land ; Less ; Rural Development ; Town Water Supply and Sanit ; Water Conservation ; Water Resources ; Water Supply and Sanitation ; Water Supply and Sanitation Governance and Institutions ; Water Supply and Systems ; Water and Industry ; Climate ; Climate Change ; Climate Change ; Climate Changes ; Climate Models ; Climate Sensitivity ; Common Property Resource Development ; Economic Impacts ; Environment ; Forestry ; Global Climate Change ; Impacts ; Industry ; Irrigation ; Land ; Less ; Rural Development ; Town Water Supply and Sanit ; Water Conservation ; Water Resources ; Water Supply and Sanitation ; Water Supply and Sanitation Governance and Institutions ; Water Supply and Systems ; Water and Industry
    Abstract: The authors use a Ricardian model to test the relationship between annual net revenues and climate across Israeli farms. They find that it is important to include the amount of irrigation water available to each farm in order to measure the response of farms to climate. With irrigation water omitted, the model predicts that climate change is strictly beneficial. But with water included, the model predicts that only modest climate changes are beneficial, while drastic climate change in the long run will be harmful. Using the Atmospheric Oceanic Global Circulation Models scenarios, the authors show that farm net revenue is expected to increase by 16 percent in 2020, while in 2100 farm net revenue is expected to drop by 60-390 percent varying between the different scenarios. Although Israel has a relatively warm climate, a mild increase in temperature is beneficial due to the ability to supply international markets with farm products early in the season. The findings lead to the conclusion that securing water rights to the farmers and international trade agreements can be important policy measures to help farmers adapt to climate change
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  • 72
    Language: English
    Pages: Online-Ressource (1 online resource (29 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Bussolo, Maurizio Do Remittances Have A Flip Side ?
    Keywords: Currencies and Exchange Rates ; Debt Markets ; Economic Growth ; Economic Theory and Research ; Effects ; Emerging Markets ; Finance and Financial Sector Development ; Financial Literacy ; General Equilibrium ; High Unemployment ; Information ; Investment ; Labor ; Labor ; Labor Costs ; Labor Demand ; Labor Force ; Labor Force Participation ; Labor Markets ; Labor Policies ; Macroeconomics and Economic Growth ; Private Sector Development ; Social Protections and Labor ; Currencies and Exchange Rates ; Debt Markets ; Economic Growth ; Economic Theory and Research ; Effects ; Emerging Markets ; Finance and Financial Sector Development ; Financial Literacy ; General Equilibrium ; High Unemployment ; Information ; Investment ; Labor ; Labor ; Labor Costs ; Labor Demand ; Labor Force ; Labor Force Participation ; Labor Markets ; Labor Policies ; Macroeconomics and Economic Growth ; Private Sector Development ; Social Protections and Labor ; Currencies and Exchange Rates ; Debt Markets ; Economic Growth ; Economic Theory and Research ; Effects ; Emerging Markets ; Finance and Financial Sector Development ; Financial Literacy ; General Equilibrium ; High Unemployment ; Information ; Investment ; Labor ; Labor ; Labor Costs ; Labor Demand ; Labor Force ; Labor Force Participation ; Labor Markets ; Labor Policies ; Macroeconomics and Economic Growth ; Private Sector Development ; Social Protections and Labor
    Abstract: Econometric analysis has established a negative relationship between labor supply and remittances in Jamaica. The authors incorporate this ex-post evidence in a general equilibrium model to investigate economywide effects of increased remittance inflows. In this model, remittances reduce labor force participation by increasing the reservation wages of recipients. This exacerbates the real exchange rate appreciation, hurting Jamaica's export base and small manufacturing import-competing sector. Within the narrow margins of maneuver of a highly indebted government, the authors show that a revenue-neutral policy response of a simultaneous reduction in payroll taxes and increase in sales taxes can effectively counteract these potentially negative effects of remittances
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  • 73
    Language: English
    Pages: Online-Ressource (1 online resource (49 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Claessens, Stijn International Financial Integration Through Equity Markets
    Keywords: Access To Capital ; Bank Policy ; Budget ; Capital Markets ; Debt Markets ; Economic Theory and Research ; Emerging Markets ; Equity ; Equity Markets ; Exchange ; Finance ; Finance and Financial Sector Development ; Financial Literacy ; Financial Markets ; Financial Support ; Globalization ; International Economy ; Macroeconomics and Economic Growth ; Markets and Market Access ; Microfinance ; Private Sector Development ; Small Scale Enterprises ; Access To Capital ; Bank Policy ; Budget ; Capital Markets ; Debt Markets ; Economic Theory and Research ; Emerging Markets ; Equity ; Equity Markets ; Exchange ; Finance ; Finance and Financial Sector Development ; Financial Literacy ; Financial Markets ; Financial Support ; Globalization ; International Economy ; Macroeconomics and Economic Growth ; Markets and Market Access ; Microfinance ; Private Sector Development ; Small Scale Enterprises ; Access To Capital ; Bank Policy ; Budget ; Capital Markets ; Debt Markets ; Economic Theory and Research ; Emerging Markets ; Equity ; Equity Markets ; Exchange ; Finance ; Finance and Financial Sector Development ; Financial Literacy ; Financial Markets ; Financial Support ; Globalization ; International Economy ; Macroeconomics and Economic Growth ; Markets and Market Access ; Microfinance ; Private Sector Development ; Small Scale Enterprises
    Abstract: The authors study international financial integration analyzing firms from various countries raising capital, trading equity, and cross-listing in major world stock markets. Using a large sample of 39,517 firms from 111 countries covering the period 1989-2000, they find that, although international financial integration increases substantially over this period, only relatively few countries and firms actively participate in international markets. Firms more likely to internationalize are from larger and more open economies, with higher income, better macroeconomic policies, and worse institutional environments. These firms tend to be larger, grow faster, and have higher returns and more foreign sales. While changes occur with internationalization, these firm attributes are present before internationalization takes place. The results suggest that international financial integration will likely remain constrained by country and firm characteristics
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  • 74
    Language: English
    Pages: Online-Ressource (1 online resource (56 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ayyagari, Meghana Firm Innovation In Emerging Markets
    Keywords: Competitor ; Competitors ; Cooperatives ; Corporations ; Debt Markets ; E-Business ; Economy ; Education ; Emerging Markets ; Enterprises ; Entrepreneurs ; Entrepreneurship ; Finance and Financial Sector Development ; Financial Institution ; Financial Literacy ; Firm ; Firm Size ; Firms ; Foreign Partners ; Investment and Investment Climate ; Knowledge for Development ; Labor Policies ; Macroeconomics and Economic Growth ; Microfinance ; Private Sector Development ; Small Scale Enterprises ; Social Protections and Labor ; Competitor ; Competitors ; Cooperatives ; Corporations ; Debt Markets ; E-Business ; Economy ; Education ; Emerging Markets ; Enterprises ; Entrepreneurs ; Entrepreneurship ; Finance and Financial Sector Development ; Financial Institution ; Financial Literacy ; Firm ; Firm Size ; Firms ; Foreign Partners ; Investment and Investment Climate ; Knowledge for Development ; Labor Policies ; Macroeconomics and Economic Growth ; Microfinance ; Private Sector Development ; Small Scale Enterprises ; Social Protections and Labor ; Competitor ; Competitors ; Cooperatives ; Corporations ; Debt Markets ; E-Business ; Economy ; Education ; Emerging Markets ; Enterprises ; Entrepreneurs ; Entrepreneurship ; Finance and Financial Sector Development ; Financial Institution ; Financial Literacy ; Firm ; Firm Size ; Firms ; Foreign Partners ; Investment and Investment Climate ; Knowledge for Development ; Labor Policies ; Macroeconomics and Economic Growth ; Microfinance ; Private Sector Development ; Small Scale Enterprises ; Social Protections and Labor
    Abstract: The authors investigate the determinants of firm innovation in over 19,000 firms across 47 developing economies. They define the innovation process broadly, to include not only core innovation such as the introduction of new products and new technologies, but also other types of activities that promote knowledge transfers and adapt production processes. The authors find that more innovative firms are large exporting firms characterized by private ownership, highly educated managers with mid-level managerial experience, and access to external finance. In contrast, firms that do not innovate much are typically state-owned firms without foreign competitors. The identity of the controlling shareholder seems to be particularly important for core innovation, with those private firms whose controlling shareholder is a financial institution being the least innovative. While the use of external finance is associated with greater innovation by all private firms, it does not make state-owned firms more innovative. Financing from foreign banks is associated with higher levels of innovation compared with financing from domestic banks
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  • 75
    Language: English
    Pages: Online-Ressource (1 online resource (24 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Seo, Niggol An Analysis of Crop Choice
    Keywords: Agriculture ; Agriculture and Farming Systems ; Choice of Crops ; Climate Change ; Crop ; Crops ; Crops and Crop Management Systems ; Environment ; Fao ; Farm ; Farmer ; Farmers ; Farms ; Fruits ; Maize ; Planning ; Potatoes ; Poverty Reduction ; Reports ; Rice ; Rural Development ; Rural Poverty Reduction ; Single Crop ; Soil Types ; Agriculture ; Agriculture and Farming Systems ; Choice of Crops ; Climate Change ; Crop ; Crops ; Crops and Crop Management Systems ; Environment ; Fao ; Farm ; Farmer ; Farmers ; Farms ; Fruits ; Maize ; Planning ; Potatoes ; Poverty Reduction ; Reports ; Rice ; Rural Development ; Rural Poverty Reduction ; Single Crop ; Soil Types ; Agriculture ; Agriculture and Farming Systems ; Choice of Crops ; Climate Change ; Crop ; Crops ; Crops and Crop Management Systems ; Environment ; Fao ; Farm ; Farmer ; Farmers ; Farms ; Fruits ; Maize ; Planning ; Potatoes ; Poverty Reduction ; Reports ; Rice ; Rural Development ; Rural Poverty Reduction ; Single Crop ; Soil Types
    Abstract: The authors explore how Latin American farmers adapt to climate by changing crops. They develop a multinomial choice model of farmer's choice of crops. Estimating the model across over 2,000 farmers in seven countries, they find that both temperature and precipitation affects the crops that Latin American farmers choose. Farmers choose fruits and vegetables in warmer locations and wheat and potatoes in cooler locations. Farms in wetter locations are more likely to grow rice, fruits, and squash, and in dryer locations maize and potatoes. Global warming will cause Latin American farmers to switch away from wheat and potatoes toward fruits and vegetables. Predictions of the impact of climate change must reflect not only changes in yields or net revenues per crop but also crop switching
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  • 76
    Language: English
    Pages: Online-Ressource (1 online resource (41 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Mendelsohn, Robert Changing Farm Types And Irrigation As An Adaptation To Climate Change In Latin American Agriculture
    Keywords: Agriculture ; Agriculture and Farming Systems ; Climate ; Climate Change ; Climate Change ; Climate Changes ; Climate Impacts ; Common Property Resource Development ; Crops and Crop Management Systems ; Environment ; Forestry ; Irrigation ; Land ; Land Use ; Land Value ; Less ; Livestock and Animal Husbandry ; Models ; Precipitation ; Rainfall ; Rural Development ; Rural Development Knowledge and Information Systems ; Soil ; Agriculture ; Agriculture and Farming Systems ; Climate ; Climate Change ; Climate Change ; Climate Changes ; Climate Impacts ; Common Property Resource Development ; Crops and Crop Management Systems ; Environment ; Forestry ; Irrigation ; Land ; Land Use ; Land Value ; Less ; Livestock and Animal Husbandry ; Models ; Precipitation ; Rainfall ; Rural Development ; Rural Development Knowledge and Information Systems ; Soil ; Agriculture ; Agriculture and Farming Systems ; Climate ; Climate Change ; Climate Change ; Climate Changes ; Climate Impacts ; Common Property Resource Development ; Crops and Crop Management Systems ; Environment ; Forestry ; Irrigation ; Land ; Land Use ; Land Value ; Less ; Livestock and Animal Husbandry ; Models ; Precipitation ; Rainfall ; Rural Development ; Rural Development Knowledge and Information Systems ; Soil
    Abstract: This paper estimates a model of a farm that treats the choice of crops, livestock, and irrigation as endogenous. The model is composed of a multinomial choice of farm type, a binomial choice of irrigation, and a set of conditional land value functions. The model is estimated across over 2,000 farmers in seven Latin America countries. The results quantify how farmers adapt their choice of farm type and irrigation to their local climate. The results should help governments develop effective adaptation policies in response to climate change and improve the forecasting of climate effects. The paper compares the predicted effects of climate change using both endogenous and exogenous models of farm choice
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  • 77
    Language: English
    Pages: Online-Ressource (1 online resource (71 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Bandiera, Luca The "How To" of Fiscal Sustainability
    Keywords: Bank Policy ; Contingent Liabilities ; Currencies and Exchange Rates ; Debt ; Debt Data ; Debt Management ; Debt Markets ; Defic Developing Countries ; Economic Theory and Research ; Emerging Markets ; Exchange ; Exchange Rate ; External Debt ; External Debt ; Finance and Financial Sector Development ; Financial Literacy ; Fiscal Policy ; Inflation ; International Economics & Trade ; Macroeconomics and Economic Growth ; Marke ; Private Sector Development ; Bank Policy ; Contingent Liabilities ; Currencies and Exchange Rates ; Debt ; Debt Data ; Debt Management ; Debt Markets ; Defic Developing Countries ; Economic Theory and Research ; Emerging Markets ; Exchange ; Exchange Rate ; External Debt ; External Debt ; Finance and Financial Sector Development ; Financial Literacy ; Fiscal Policy ; Inflation ; International Economics & Trade ; Macroeconomics and Economic Growth ; Marke ; Private Sector Development ; Bank Policy ; Contingent Liabilities ; Currencies and Exchange Rates ; Debt ; Debt Data ; Debt Management ; Debt Markets ; Defic Developing Countries ; Economic Theory and Research ; Emerging Markets ; Exchange ; Exchange Rate ; External Debt ; External Debt ; Finance and Financial Sector Development ; Financial Literacy ; Fiscal Policy ; Inflation ; International Economics & Trade ; Macroeconomics and Economic Growth ; Marke ; Private Sector Development
    Abstract: Fiscal sustainability analysis (FSA) is an important component of macroeconomic analysis for many developing countries. To further enhance understanding of fiscal policy and the constraints faced by policymakers, the authors develop a toolkit for FSA in middle-income countries which builds on previous work in this area and on new developments in dealing with uncertainty. The FSA toolkit includes an Excel-based FSA tool and a technical manual accompanying it. The FSA tool is standardized and simple, but at the same time flexible enough to allow for user-defined country-specifics. This manual provides step-by-step technical instructions for running the FSA tool and includes mathematical appendices and a glossary
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  • 78
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (45 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: O'Keefe, Philip Enterprises, Workers, And Skills In Urban Timor-Leste
    Keywords: Basic Literacy ; Economic Volatility ; Employment ; Female Labor ; Female Labor Force ; Finance and Financial Sector Development ; Financial Literacy ; Firm Growth ; Health, Nutrition and Population ; Human Capital ; Job ; Job Creation ; Labor ; Labor Force ; Labor Force Particip ; Labor Markets ; Labor Policies ; Microfinance ; Population Policies ; Social Protections and Labor ; Basic Literacy ; Economic Volatility ; Employment ; Female Labor ; Female Labor Force ; Finance and Financial Sector Development ; Financial Literacy ; Firm Growth ; Health, Nutrition and Population ; Human Capital ; Job ; Job Creation ; Labor ; Labor Force ; Labor Force Particip ; Labor Markets ; Labor Policies ; Microfinance ; Population Policies ; Social Protections and Labor ; Basic Literacy ; Economic Volatility ; Employment ; Female Labor ; Female Labor Force ; Finance and Financial Sector Development ; Financial Literacy ; Firm Growth ; Health, Nutrition and Population ; Human Capital ; Job ; Job Creation ; Labor ; Labor Force ; Labor Force Particip ; Labor Markets ; Labor Policies ; Microfinance ; Population Policies ; Social Protections and Labor
    Abstract: Like many low-income countries, Timor-Leste faces challenges in providing employment for and increasing the skills of its labor force-challenges made more acute by high fertility rates, a very young population, and the capacity constraints of a new nation. However, there is limited information for policymakers to formulate appropriate policies. The paper presents findings of the first urban enterprise survey in independent Timor-Leste. It explores several aspects of the Timorese urban labor market, including the profile of formal and informal enterprises, their behavior in terms of employment and wage-setting practices, and constraints on firm growth. It also presents findings on the skills and training needs of urban employers, and constraints faced in overcoming skills shortages. It finds a highly informal urban enterprise scene, where even "formal" enterprises are largely micro-enterprises. While there has been considerable action in terms of new firm creation since independence, there is already surprisingly low job creation or destruction. This is driven by a number of constraints inside and outside the labor market. With respect to wages, the impacts of the informal minimum wage policy inherited from the interim international administration suggest the need for caution in future wage policy development. While employers identify many skills gaps, basic literacy, numeracy, and language skill needs dominate, and employers appear to value short courses and less formal modes of skills training to address their needs. The paper concludes with suggestions for addressing the key constraints identified
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  • 79
    Language: English
    Pages: Online-Ressource (1 online resource (35 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Isik-Dikmelik, Aylin The Role of Services In Rural Income
    Keywords: Alternative Transport ; Communities & Human Settlements ; Costs ; Economic Theory and Research ; Finance and Financial Sector Development ; Financial Literacy ; Good Transport ; Housing and Human Habitats ; Infrastructure ; Macroeconomics and Economic Growth ; Poverty Reduction ; Price Changes ; Public Transport ; Public Transportation ; Quality of Transport ; Road ; Road Network ; Road Quality ; Rural Development ; Rural Poverty Reduction ; Transport ; Transport Economics, Policy and Planning ; Alternative Transport ; Communities & Human Settlements ; Costs ; Economic Theory and Research ; Finance and Financial Sector Development ; Financial Literacy ; Good Transport ; Housing and Human Habitats ; Infrastructure ; Macroeconomics and Economic Growth ; Poverty Reduction ; Price Changes ; Public Transport ; Public Transportation ; Quality of Transport ; Road ; Road Network ; Road Quality ; Rural Development ; Rural Poverty Reduction ; Transport ; Transport Economics, Policy and Planning ; Alternative Transport ; Communities & Human Settlements ; Costs ; Economic Theory and Research ; Finance and Financial Sector Development ; Financial Literacy ; Good Transport ; Housing and Human Habitats ; Infrastructure ; Macroeconomics and Economic Growth ; Poverty Reduction ; Price Changes ; Public Transport ; Public Transportation ; Quality of Transport ; Road ; Road Network ; Road Quality ; Rural Development ; Rural Poverty Reduction ; Transport ; Transport Economics, Policy and Planning
    Abstract: This paper investigates the role of services in the household response to trade reforms in Vietnam. The relative response of the households and income growth after a major trade liberalization in rice are analyzed aiming to answer the following questions: What type of households, in which locations, having access to what type of services, benefited more from the reforms? It focuses on services that have an impact on transaction costs (roads or quality of roads, public transportation, access to credit, extension services, and availability of markets in communication services) because transaction costs are often cited as a barrier to rural households in responding to the price changes and increased incentives offered by trade and other policy reforms. The results suggest that availability of production related services contributes positively to the impact of trade reforms. Although most of the service variables have a positive and significant effect on growth in income, some that are expected to have an impact are not significant. This may be explained by the exceptional coverage of infrastructure services in Vietnam even before the reforms. When service availability is very similar across different localities, household characteristics become more important in determining the response
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  • 80
    Language: English
    Pages: Online-Ressource (1 online resource (81 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Maurer, Luiz Current And Forthcoming Issues In The South African Electricity Sector
    Keywords: Balance ; Coal ; Coal Reserves ; Distribution Facilities ; E-Business ; Electricity ; Electricity Distribution ; Electricity Supply ; Electricity System ; Electricity Utilities ; Electrification ; Energy ; Energy Production and Transportation ; Environment ; Private Sector Development ; Balance ; Coal ; Coal Reserves ; Distribution Facilities ; E-Business ; Electricity ; Electricity Distribution ; Electricity Supply ; Electricity System ; Electricity Utilities ; Electrification ; Energy ; Energy Production and Transportation ; Environment ; Private Sector Development ; Balance ; Coal ; Coal Reserves ; Distribution Facilities ; E-Business ; Electricity ; Electricity Distribution ; Electricity Supply ; Electricity System ; Electricity Utilities ; Electrification ; Energy ; Energy Production and Transportation ; Environment ; Private Sector Development
    Abstract: One of the contentious issues in electricity reform is whether there are significant gains from restructuring systems that are moderately well run. South Africa's electricity system is a case in point. The sector's state-owned utility, Eskom, has been generating some of the lowest-priced electricity in the world, has largely achieved revenue adequacy, and has financed the bulk of the government's ambitious electrification program. Moreover, the key technical performance indicators of Eskom's generation plants have reached world-class levels. Yet the sector is confronted today with serious challenges. South Africa's electricity system is currently facing a tight demand/supply balance, and the distribution segment of the industry is in serious financial trouble. This paper provides a careful diagnostic assessment of the industry and identifies a range of policy and restructuring options to improve its performance. It suggests removing distribution from municipal control and privatizing it, calls for vertical and horizontal unbundling, and argues that the cost-benefit analysis of different structural options should focus on investment incentives and not just current operating efficiency
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  • 81
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (52 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Shalizi, Zmarak Energy And Emissions
    Keywords: Coal ; Demand For Energy ; Emissions ; Energy ; Energy ; Energy Demand ; Energy Demand ; Energy Markets ; Energy Needs ; Energy Production and Transportation ; Energy Strategies ; Energy Strategy ; Energy and Environment ; Environment ; Environment and Energy Efficiency ; Fossil ; Fossil Fuel ; Fossil Fuel Use ; Coal ; Demand For Energy ; Emissions ; Energy ; Energy ; Energy Demand ; Energy Demand ; Energy Markets ; Energy Needs ; Energy Production and Transportation ; Energy Strategies ; Energy Strategy ; Energy and Environment ; Environment ; Environment and Energy Efficiency ; Fossil ; Fossil Fuel ; Fossil Fuel Use ; Coal ; Demand For Energy ; Emissions ; Energy ; Energy ; Energy Demand ; Energy Demand ; Energy Markets ; Energy Needs ; Energy Production and Transportation ; Energy Strategies ; Energy Strategy ; Energy and Environment ; Environment ; Environment and Energy Efficiency ; Fossil ; Fossil Fuel ; Fossil Fuel Use
    Abstract: Part 1 of the paper reviews recent trends in fossil fuel use and associated externalities. It also argues that the recent run-up in international oil prices reflects growing concerns about supply constraints associated with declining spare capacity in OPEC, refining bottlenecks, and geopolitical uncertainties rather than growing incremental use of oil by China and India. Part 2 compares two business as usual scenarios with a set of alternate scenarios based on policy interventions on the demand for or supply of energy and different assumptions about rigidities in domestic and international energy markets. The results suggest that energy externalities are likely to worsen significantly if there is no shift in China's and India's energy strategies. High energy demand from China and India could constrain some developing countries' growth through higher prices on international energy markets, but for others the "growth retarding" effects of higher energy prices are partially or fully offset by the "growth stimulating" effects of the larger markets in China and India. Given that there are many inefficiencies in the energy system in both China and India, there is an opportunity to reduce energy growth without adversely affecting GDP growth. The cost of a decarbonizing energy strategy will be higher for China and India than a fossil fuel-based strategy, but the net present value of delaying the shift will be higher than acting now. The less fossil fuel dependent alternative strategies provide additional dividends in terms of energy security
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  • 82
    Language: English
    Pages: Online-Ressource (1 online resource (34 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Lokshin, Michael Measuring Welfare Gains From Better Quality Infrastructure
    Keywords: Air Pollution ; Communities & Human Settlements ; Compensating Variation ; Consumption ; Consumption Patterns ; Demand ; Drinking Water ; Economic Theory and Research ; Economics ; Energy ; Energy Production and Transportation ; Environment ; Environmental Economics and Policies ; Equivalent Variation ; Finance and Financial Sector Development ; Financial Literacy ; Income ; Industry ; Information ; Invest ; Investment ; Macroeconomics and Economic Growth ; Markets and Market Access ; Town Water Supply and Sanitation ; Water Resources ; Water Supply and Sanitation ; Water and Industry ; Air Pollution ; Communities & Human Settlements ; Compensating Variation ; Consumption ; Consumption Patterns ; Demand ; Drinking Water ; Economic Theory and Research ; Economics ; Energy ; Energy Production and Transportation ; Environment ; Environmental Economics and Policies ; Equivalent Variation ; Finance and Financial Sector Development ; Financial Literacy ; Income ; Industry ; Information ; Invest ; Investment ; Macroeconomics and Economic Growth ; Markets and Market Access ; Town Water Supply and Sanitation ; Water Resources ; Water Supply and Sanitation ; Water and Industry ; Air Pollution ; Communities & Human Settlements ; Compensating Variation ; Consumption ; Consumption Patterns ; Demand ; Drinking Water ; Economic Theory and Research ; Economics ; Energy ; Energy Production and Transportation ; Environment ; Environmental Economics and Policies ; Equivalent Variation ; Finance and Financial Sector Development ; Financial Literacy ; Income ; Industry ; Information ; Invest ; Investment ; Macroeconomics and Economic Growth ; Markets and Market Access ; Town Water Supply and Sanitation ; Water Resources ; Water Supply and Sanitation ; Water and Industry
    Abstract: Projects and reforms targeting infrastructure services can affect consumer welfare through changes in the price, coverage, or quality of the services provided. The benefits of improved service quality-while significant-are often overlooked because they are difficult to quantify. This paper reviews methods of evaluating the welfare implications of changes in the quality of infrastructure services within the broader theoretical perspective of welfare measurement. The study outlines the theoretical assumptions and data requirements involved, illustrating each method with examples that highlight common methodological features and differences. The paper also presents the theoretical underpinnings and potential applications of a new approach to analyzing the effects of interruptions in the supply of infrastructure services on household welfare
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  • 83
    Language: English
    Pages: Online-Ressource (1 online resource (39 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Mendelsohn, Robert Climate change adaptation in Africa
    Keywords: Agriculture ; Animal ; Animals ; Beef ; Beef cattle ; Chickens ; Communities & Human Settlements ; Environment ; Farm ; Farmer ; Livestock ; Livestock Farmers ; Livestock Management ; Livestock and Animal Husbandry ; Peri-Urban Communities ; Rural Development ; Rural Urban Linkages ; Urban Development ; Wildlife Resources ; Agriculture ; Animal ; Animals ; Beef ; Beef cattle ; Chickens ; Communities & Human Settlements ; Environment ; Farm ; Farmer ; Livestock ; Livestock Farmers ; Livestock Management ; Livestock and Animal Husbandry ; Peri-Urban Communities ; Rural Development ; Rural Urban Linkages ; Urban Development ; Wildlife Resources ; Agriculture ; Animal ; Animals ; Beef ; Beef cattle ; Chickens ; Communities & Human Settlements ; Environment ; Farm ; Farmer ; Livestock ; Livestock Farmers ; Livestock Management ; Livestock and Animal Husbandry ; Peri-Urban Communities ; Rural Development ; Rural Urban Linkages ; Urban Development ; Wildlife Resources
    Abstract: This paper uses quantitative methods to examine the way African farmers have adapted livestock management to the range of climates found across the African continent. The authors use logit analysis to estimate whether farmers adopt livestock. They then use three econometric models to examine which species farmers choose: a primary choice multinomial logit, an optimal portfolio multinomial logit, and a demand system multivariate probit. Comparing the results of the three methods of estimating species selection reveals that the three approaches yield similar results. Using data from over 9,000 African livestock farmers in 10 countries, the analysis finds that farmers are more likely to choose to have livestock as temperatures increase and as precipitation decreases. Across all methods of estimating choice, livestock farmers in warmer locations are less likely to choose beef cattle and chickens and more likely to choose goats and sheep. As precipitation increases, cattle and sheep decrease but goats and chickens increase. The authors simulate the way farmers' choices might change with a set of uniform climate changes and a set of climate model scenarios. The uniform scenarios predict that warming and drying would increase livestock ownership but that increases in precipitation would decrease it. The climate scenarios predict a decrease in the probability of beef cattle and an increase in the probability of sheep and goats, and they predict that more heat-tolerant animals will dominate the future African landscape
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  • 84
    Language: English
    Pages: Online-Ressource (1 online resource (39 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ouda, Samiha A Assessing the economic impacts of climate change on agriculture in Egypt
    Keywords: Agriculture ; Climate ; Climate Change ; Climate Change ; Climate change research ; Crops and Crop Management Systems ; Economic Impacts ; Environment ; Irrigation ; Marginal analysis ; Poverty Reduction ; Rainfall ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Poverty Reduction ; Soil ; Temperature ; Water Supply and Sanitation ; Water Supply and Sanitation Governance and Institutions ; Water use ; Agriculture ; Climate ; Climate Change ; Climate Change ; Climate change research ; Crops and Crop Management Systems ; Economic Impacts ; Environment ; Irrigation ; Marginal analysis ; Poverty Reduction ; Rainfall ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Poverty Reduction ; Soil ; Temperature ; Water Supply and Sanitation ; Water Supply and Sanitation Governance and Institutions ; Water use ; Agriculture ; Climate ; Climate Change ; Climate Change ; Climate change research ; Crops and Crop Management Systems ; Economic Impacts ; Environment ; Irrigation ; Marginal analysis ; Poverty Reduction ; Rainfall ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Poverty Reduction ; Soil ; Temperature ; Water Supply and Sanitation ; Water Supply and Sanitation Governance and Institutions ; Water use
    Abstract: This study employed the Ricardian approach to measure the economic impacts of climate change on farm net revenue in Egypt. Farm net revenue were regressed against climate, soil, socioeconomic and hydrological variables to determine which factors influence the variability of farm net revenues. 900 households from 20 governorates were interviewed. The standard Ricardian model was applied, in addition to three other models, each representing an adaptation option that could be used to reduce the harmful effects of temperature stress. A further adaptation strategy was tested: raising livestock on the farm to cope with the harmful effects of climate change. Besides this, the effects of two climate change scenarios (using MAGICC/SCENGEN and GCMs-General Circulation Models) were considered. The results from the two climate change scenarios showed that high temperatures will constrain agricultural production in Egypt. Irrigation and technology are therefore the recommended adaptation options. However, warming may also affect water resources and that would pose another problem for agricultural production. A policy should be developed to cope with the adverse effects of climate change on agriculture. It should focus on three areas: crop management, water management, and land management. The favored option for adapting to increased temperatures is irrigation. Some farmers adjust their crop sowing dates to avoid the expected high temperatures. To adjust to shortages in rainfall, farmers use crop varieties with high water use efficiency and early maturing varieties
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  • 85
    Language: English
    Pages: Online-Ressource (1 online resource (58 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Fay, Marianne Product Market Regulation In Bulgaria
    Keywords: Air ; Air Travel ; E-Business ; Enforcement Of Regulations ; Environment ; Environmental Economics and Policies ; Freight ; Macroeconomics and Economic Growth ; Markets and Market Access ; Ministry Of Transport ; Private Sector Development ; Public Ownership ; Public Sector Regulation ; Railways ; Road ; Road Transport ; Transport ; Transport Economics, Policy and Planning ; Transportation ; Air ; Air Travel ; E-Business ; Enforcement Of Regulations ; Environment ; Environmental Economics and Policies ; Freight ; Macroeconomics and Economic Growth ; Markets and Market Access ; Ministry Of Transport ; Private Sector Development ; Public Ownership ; Public Sector Regulation ; Railways ; Road ; Road Transport ; Transport ; Transport Economics, Policy and Planning ; Transportation ; Air ; Air Travel ; E-Business ; Enforcement Of Regulations ; Environment ; Environmental Economics and Policies ; Freight ; Macroeconomics and Economic Growth ; Markets and Market Access ; Ministry Of Transport ; Private Sector Development ; Public Ownership ; Public Sector Regulation ; Railways ; Road ; Road Transport ; Transport ; Transport Economics, Policy and Planning ; Transportation
    Abstract: Less restrictive product market policies are crucial in promoting convergence to higher levels of GDP per capita. This paper benchmarks product market policies in Bulgaria to those of OECD countries by estimating OECD indicators of Product Market Regulation (PMR). The PMR indicators allow a comprehensive mapping of policies affecting competition in product markets. Comparison with OECD countries reveals that Bulgaria has made substantial progress towards less restrictive product market policies but also emphasizes a number of areas where further reform is needed. These include adoption of a regulatory process based on incentive-based rather than command-and-control approach, reduction of state interference in the decision of state-owned enterprises, further streamlining of business licensing procedures, and improvement in the communication of rules and procedures to affected parties
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  • 86
    Language: English
    Pages: Online-Ressource (1 online resource (50 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Alm, James Designing Economic Instruments For The Environment In A Decentralized Fiscal System
    Keywords: Economic Analysis ; Economic Instruments ; Economics ; Economists ; Emissions ; Environment ; Environmental ; Environmental Economics and Policies ; Environmental Problems ; Externalities ; Pollution ; Pollution Control ; Economic Analysis ; Economic Instruments ; Economics ; Economists ; Emissions ; Environment ; Environmental ; Environmental Economics and Policies ; Environmental Problems ; Externalities ; Pollution ; Pollution Control ; Economic Analysis ; Economic Instruments ; Economics ; Economists ; Emissions ; Environment ; Environmental ; Environmental Economics and Policies ; Environmental Problems ; Externalities ; Pollution ; Pollution Control
    Abstract: When external effects are important, markets will be inefficient, and economists have considered several broad classes of economic instruments to correct these inefficiencies. However, the standard economic analysis has tended to neglect important distinctions and interactions between the geographic scope of pollutants, the enforcement authority of various levels of government, and the fiscal responsibilities of the levels of government. For example, externalities generated in a particular local area may be confined to the local area or may spill over to other jurisdictions. Also, local governments may be well informed about how best to regulate or enforce pollution control within their jurisdiction, but they may not consider the effects of their actions on other jurisdictions. Finally, the existence of locally-generated waste emissions affects the appropriate assignment of both expenditure and tax responsibilities among levels of government. The standard analysis therefore focuses mainly upon an aggregate (or national) perspective, it typically ignores the possibility that the externality may be created and addressed by local governments, and it does not consider the implications of decentralization for the design of economic instruments targeted at environmental problems. This paper examines the implications of decentralization for the design of corrective policies; that is, how does one design economic instruments in a decentralized fiscal system in which externalities exist at the local level and in which subnational governments have the power to provide local public services, as well as to choose tax instruments that can both finance these expenditures and correct the market failures of externalities?
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  • 87
    Language: English
    Pages: Online-Ressource (1 online resource (51 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Dasgupta, Susmita The Impact of Sea Level Rise On Developing Countries
    Keywords: Agriculture ; Analysis ; Biodiversity ; Climate ; Climate Change ; Climate Change ; Data Sources ; Environment ; Floods ; Geographic Information ; Geographic Information System ; Indicators ; Islands ; Land ; Water Resources ; Wetlands ; Agriculture ; Analysis ; Biodiversity ; Climate ; Climate Change ; Climate Change ; Data Sources ; Environment ; Floods ; Geographic Information ; Geographic Information System ; Indicators ; Islands ; Land ; Water Resources ; Wetlands ; Agriculture ; Analysis ; Biodiversity ; Climate ; Climate Change ; Climate Change ; Data Sources ; Environment ; Floods ; Geographic Information ; Geographic Information System ; Indicators ; Islands ; Land ; Water Resources ; Wetlands
    Abstract: Sea level rise (SLR) due to climate change is a serious global threat. The scientific evidence is now overwhelming. Continued growth of greenhouse gas emissions and associated global warming could well promote SLR of 1m-3m in this century, and unexpectedly rapid breakup of the Greenland and West Antarctic ice sheets might produce a 5m SLR. In this paper, the authors have assessed the consequences of continued SLR for 84 developing countries. Geographic Information System (GIS) software has been used to overlay the best available, spatially-disaggregated global data on critical impact elements (land, population, agriculture, urban extent, wetlands, and GDP) with the inundation zones projected for 1-5m SLR. The results reveal that hundreds of millions of people in the developing world are likely to be displaced by SLR within this century, and accompanying economic and ecological damage will be severe for many. At the country level, results are extremely skewed, with severe impacts limited to a relatively small number of countries. For these countries (such as Vietnam, A. R. of Egypt, and The Bahamas), however, the consequences of SLR are potentially catastrophic. For many others, including some of the largest (such as China), the absolute magnitudes of potential impacts are very large. At the other extreme, many developing countries experience limited impacts. Among regions, East Asia and the Middle East and North Africa exhibit the greatest relative impacts. To date, there is little evidence that the international community has seriously considered the implications of SLR for population location and infrastructure planning in developing countries. The authors hope that the information provided in this paper will encourage immediate planning for adaptation
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  • 88
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (54 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Domeland, Dorte Trade And Human Capital Accumulation
    Keywords: Capital Accumulation ; Comparative Advantage ; Cost ; Country Strategy and Performance ; Debt Markets ; Demand ; Economic Growth ; Economic Theory and Research ; Economics ; Education ; Educational Sciences ; Emerging Markets ; Finance and Financial Sector Development ; Financial Literacy ; Free Trade ; GDP ; Gross Domestic Product ; Health, Nutrition and Population ; Home Country ; Human Capital ; International ; Labor Markets ; Macroeconomics and Economic Growth ; Political Economy ; Population Policies ; Poverty Reduction ; Private Sector Development ; Social Protections and Labor ; Capital Accumulation ; Comparative Advantage ; Cost ; Country Strategy and Performance ; Debt Markets ; Demand ; Economic Growth ; Economic Theory and Research ; Economics ; Education ; Educational Sciences ; Emerging Markets ; Finance and Financial Sector Development ; Financial Literacy ; Free Trade ; GDP ; Gross Domestic Product ; Health, Nutrition and Population ; Home Country ; Human Capital ; International ; Labor Markets ; Macroeconomics and Economic Growth ; Political Economy ; Population Policies ; Poverty Reduction ; Private Sector Development ; Social Protections and Labor ; Capital Accumulation ; Comparative Advantage ; Cost ; Country Strategy and Performance ; Debt Markets ; Demand ; Economic Growth ; Economic Theory and Research ; Economics ; Education ; Educational Sciences ; Emerging Markets ; Finance and Financial Sector Development ; Financial Literacy ; Free Trade ; GDP ; Gross Domestic Product ; Health, Nutrition and Population ; Home Country ; Human Capital ; International ; Labor Markets ; Macroeconomics and Economic Growth ; Political Economy ; Population Policies ; Poverty Reduction ; Private Sector Development ; Social Protections and Labor
    Abstract: This study provides empirical evidence that trade increases on-the-job human capital accumulation by estimating the effect of home country openness on estimated returns to home country experience of U.S. immigrants. The positive effect of trade on on-the-job human capital accumulation remains significant when controlling for GDP, educational attainment, and institutional quality. It is not the result of self-selection, heterogeneity in returns to experience, English-speaking origin, or cultural background. The effect persists when restricting the sample to non-OECD countries, thereby resolving the theoretical ambiguity of whether trade increases or decreases learning-by-doing. The role of trade in generating economic growth is therefore likely to be more important than generally considered
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  • 89
    Language: English
    Pages: Online-Ressource (1 online resource (29 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Luo, Xubei Regional Disparities In Labor Market Performance In Croatia
    Keywords: Age Groups ; Earning ; Employment Rate ; Employment Service ; Finance and Financial Sector Development ; Financial Literacy ; Human Capital ; Job ; Labor ; Labor ; Labor Force ; Labor Force Participation ; Labor Market ; Labor Market Development ; Labor Markets ; Labor Policies ; Social Protections and Labor ; Age Groups ; Earning ; Employment Rate ; Employment Service ; Finance and Financial Sector Development ; Financial Literacy ; Human Capital ; Job ; Labor ; Labor ; Labor Force ; Labor Force Participation ; Labor Market ; Labor Market Development ; Labor Markets ; Labor Policies ; Social Protections and Labor ; Age Groups ; Earning ; Employment Rate ; Employment Service ; Finance and Financial Sector Development ; Financial Literacy ; Human Capital ; Job ; Labor ; Labor ; Labor Force ; Labor Force Participation ; Labor Market ; Labor Market Development ; Labor Markets ; Labor Policies ; Social Protections and Labor
    Abstract: The labor market performance in Croatia failed to keep pace with the moderately good overall macroeconomic development in the past few years. Youth, the less well-educated, and women face more difficulties in getting a job with a decent salary. A large part of the difference in regional labor market performance is associated with the difference in the human capital endowment. With a stagnant total employment rate, the large disparities in employment and earnings across individual groups and regions have become one of the concerns for the long-term sustainable development of the economy. Using Labor Force Survey (LFS) data from 2002-04, this paper studies the labor market performance in Croatia at the national and regional levels. The results show that both one's individual characteristics (including age, education and gender) and where he or she works plays a role in his or her employment and earnings. Regional differences in employment and earnings are reduced to a large extent when accounting for differences in individual characteristics. The simulations shed light on the effectiveness of the nationwide education policy and regional specific labor market policy, and suggest that improving human capital endowment and adjusting labor market structure are both important to rebalance regional development and enhance total welfare
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  • 90
    Language: English
    Pages: Online-Ressource (1 online resource (46 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Seo, Niggol A Ricardian Analysis of The Impact of Climate Change On Latin American Farms
    Keywords: Agriculture ; Agriculture and Farming Systems ; Climate ; Climate Change ; Climate Change ; Climate Impacts ; Climate Sensitivity ; Climate Variables ; Crops and Crop Management Systems ; Environment ; Forestry ; GDP ; Global Warming ; Greenhouse Gases ; Impacts ; Irrigation ; Land ; Land ; Rural Development Knowledge and Information Systems ; Agriculture ; Agriculture and Farming Systems ; Climate ; Climate Change ; Climate Change ; Climate Impacts ; Climate Sensitivity ; Climate Variables ; Crops and Crop Management Systems ; Environment ; Forestry ; GDP ; Global Warming ; Greenhouse Gases ; Impacts ; Irrigation ; Land ; Land ; Rural Development Knowledge and Information Systems ; Agriculture ; Agriculture and Farming Systems ; Climate ; Climate Change ; Climate Change ; Climate Impacts ; Climate Sensitivity ; Climate Variables ; Crops and Crop Management Systems ; Environment ; Forestry ; GDP ; Global Warming ; Greenhouse Gases ; Impacts ; Irrigation ; Land ; Land ; Rural Development Knowledge and Information Systems
    Abstract: This study estimates the vulnerability of Latin American agriculture to climate change using a Ricardian analysis of both land values and net revenues. Examining a sample of over 2,500 farms in seven countries, the results indicate both land value and net revenue are sensitive to climate. Both small farms and large farms have a hill-shaped relationship with temperature. Estimating separate regressions for dryland and irrigated farms reveals that dryland farms are more sensitive to temperature but irrigated farms are more sensitive to precipitation. Examining the effects from future climate change scenarios reveals that severe scenarios could reduce farm earnings by as much as 62 percent by 2100, whereas more moderate scenarios could reduce earnings by about 15 percent. Small and large farms are equally sensitive to global warming. Land value and net revenue analyses produce quite similar results
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  • 91
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (39 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Bayraktar, Nihal Specification of Investment Functions In Sub-Saharan Africa
    Keywords: Accumulation ; Capital ; Currencies and Exchange Rates ; Debt Markets ; Depreciation ; Distribution of Income ; Economic Theory and Research ; Emerging Markets ; Extensive ; External ; Finance and Financial Sector Development ; Financial Literacy ; Fixed Capital ; Income ; Investment ; Investment ; Investment Behavior ; Investment Functions ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Private Sector Development ; Accumulation ; Capital ; Currencies and Exchange Rates ; Debt Markets ; Depreciation ; Distribution of Income ; Economic Theory and Research ; Emerging Markets ; Extensive ; External ; Finance and Financial Sector Development ; Financial Literacy ; Fixed Capital ; Income ; Investment ; Investment ; Investment Behavior ; Investment Functions ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Private Sector Development ; Accumulation ; Capital ; Currencies and Exchange Rates ; Debt Markets ; Depreciation ; Distribution of Income ; Economic Theory and Research ; Emerging Markets ; Extensive ; External ; Finance and Financial Sector Development ; Financial Literacy ; Fixed Capital ; Income ; Investment ; Investment ; Investment Behavior ; Investment Functions ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Private Sector Development
    Abstract: It is a well-known fact that one of the most important determinants of growth is private investment. But in the developing country context of widespread poverty, the effects of initial conditions on the process of capital accumulation have seldom been investigated. This paper highlights heterogeneity in the process of capital accumulation across different countries in Sub-Saharan Africa, and derives a formal specification of investment functions in the primary, industry, and service sectors in the region using a variation of the combined Tobin's Q Theory and the neoclassical models of investment. The results highlight a more rapid accumulation of capital in the relatively high income subpanel and a widening public-private capital accumulation gap. A functional specification points to the significance of aggregate profitability shocks, the financing cost of investment, and public capital stock in estimating the growth rate of private capital accumulation. These results are supported empirically, as highlighted by the relatively small absolute deviation between actual and predicted value distributions
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  • 92
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (26 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: David, Antonio C Controls On Capital Inflows And External Shocks
    Keywords: Bank Policy ; Capital Account ; Capital Flows ; Capital Inflows ; Credit Expansion ; Currencies and Exchange Rates ; Debt Markets ; Developing Countries ; Domestic Interest Rates ; Economic Stabilization ; Economic Theory and Research ; Emerging Markets ; Exchange ; Finance and Financial Sector Development ; Financial Literacy ; Financial Shocks ; Interest ; International Rates ; Macroeconomic Management ; Macroeconomics and Economic Growth ; Private Sector Development ; Bank Policy ; Capital Account ; Capital Flows ; Capital Inflows ; Credit Expansion ; Currencies and Exchange Rates ; Debt Markets ; Developing Countries ; Domestic Interest Rates ; Economic Stabilization ; Economic Theory and Research ; Emerging Markets ; Exchange ; Finance and Financial Sector Development ; Financial Literacy ; Financial Shocks ; Interest ; International Rates ; Macroeconomic Management ; Macroeconomics and Economic Growth ; Private Sector Development ; Bank Policy ; Capital Account ; Capital Flows ; Capital Inflows ; Credit Expansion ; Currencies and Exchange Rates ; Debt Markets ; Developing Countries ; Domestic Interest Rates ; Economic Stabilization ; Economic Theory and Research ; Emerging Markets ; Exchange ; Finance and Financial Sector Development ; Financial Literacy ; Financial Shocks ; Interest ; International Rates ; Macroeconomic Management ; Macroeconomics and Economic Growth ; Private Sector Development
    Abstract: The author attempts to analyze whether price-based controls on capital inflows are successful in insulating economies against external shocks. He presents results from vector auto regressive (VAR) models that indicate that Chile and Colombia, countries that adopted controls on capital inflows, seem to have been relatively well insulated against external disturbances. Subsequently, he uses the auto regressive distributed lag (ARDL) approach to co-integration to isolate the effects of the capital controls on the pass-through of external disturbances to domestic interest rates in those economies. The author concludes that there is evidence that the capital controls allowed for greater policy autonomy
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  • 93
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (29 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Keefer, Philip Insurgency And Credible Commitment In Autocracies And Democracies
    Keywords: Armed Conflict ; Citizen ; Citizens ; Civil War ; Conflict and Development ; Emerging Markets ; Ethnic Groups ; Finance and Financial Sector Development ; Financial Literacy ; Governance ; Health, Nutrition and Population ; Labor Policies ; Natural Resources ; Parliamentary Government ; Policies ; Policy ; Policy Research ; Policy Research Working Paper ; Political Parties ; Population ; Population Policies ; Post Conflict Reconstruction ; Private Sector Development ; Public Sector Corruption and Anticorruption Measures ; Social Conflict ; Social Development ; Social Protections and Labor ; Armed Conflict ; Citizen ; Citizens ; Civil War ; Conflict and Development ; Emerging Markets ; Ethnic Groups ; Finance and Financial Sector Development ; Financial Literacy ; Governance ; Health, Nutrition and Population ; Labor Policies ; Natural Resources ; Parliamentary Government ; Policies ; Policy ; Policy Research ; Policy Research Working Paper ; Political Parties ; Population ; Population Policies ; Post Conflict Reconstruction ; Private Sector Development ; Public Sector Corruption and Anticorruption Measures ; Social Conflict ; Social Development ; Social Protections and Labor ; Armed Conflict ; Citizen ; Citizens ; Civil War ; Conflict and Development ; Emerging Markets ; Ethnic Groups ; Finance and Financial Sector Development ; Financial Literacy ; Governance ; Health, Nutrition and Population ; Labor Policies ; Natural Resources ; Parliamentary Government ; Policies ; Policy ; Policy Research ; Policy Research Working Paper ; Political Parties ; Population ; Population Policies ; Post Conflict Reconstruction ; Private Sector Development ; Public Sector Corruption and Anticorruption Measures ; Social Conflict ; Social Development ; Social Protections and Labor
    Abstract: This paper suggests a new factor that makes civil war more likely: the inability of political actors to make credible promises to broad segments of society. Lacking this ability, both elected and unelected governments pursue public policies that leave citizens less well-off and more prone to revolt. At the same time, these actors have a reduced ability to build an anti-insurgency capacity in the first place, since they are less able to prevent anti-insurgents from themselves mounting coups. But while reducing the risk of conflict overall, increasing credibility can, over some range, worsen the effects of natural resources and ethnic fragmentation on civil war. Empirical tests using various measures of political credibility support these conclusions
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  • 94
    Language: English
    Pages: Online-Ressource (1 online resource (31 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Zevenbergen, Jaap Rural Land Certification In Ethiopia
    Keywords: Agricultural Knowledge and Information Systems ; Agriculture ; Common Property ; Common Property Resource Development ; Common Property Resources ; Communities & Human Settlements ; Compensation ; E-Business ; Enforcement ; Enforcement Mechanisms ; Environment ; Environments ; Land ; Land Administration ; Land Grabbing ; Land Use and Policies ; Municipal Housing and Land ; Poverty Reduction ; Private Sector Development ; Rural Development ; Rural Development ; Rural Development Knowledge and Information Systems ; Urban Development ; Agricultural Knowledge and Information Systems ; Agriculture ; Common Property ; Common Property Resource Development ; Common Property Resources ; Communities & Human Settlements ; Compensation ; E-Business ; Enforcement ; Enforcement Mechanisms ; Environment ; Environments ; Land ; Land Administration ; Land Grabbing ; Land Use and Policies ; Municipal Housing and Land ; Poverty Reduction ; Private Sector Development ; Rural Development ; Rural Development ; Rural Development Knowledge and Information Systems ; Urban Development ; Agricultural Knowledge and Information Systems ; Agriculture ; Common Property ; Common Property Resource Development ; Common Property Resources ; Communities & Human Settlements ; Compensation ; E-Business ; Enforcement ; Enforcement Mechanisms ; Environment ; Environments ; Land ; Land Administration ; Land Grabbing ; Land Use and Policies ; Municipal Housing and Land ; Poverty Reduction ; Private Sector Development ; Rural Development ; Rural Development ; Rural Development Knowledge and Information Systems ; Urban Development
    Abstract: Although many African countries have recently adopted highly innovative and pro-poor land laws, lack of implementation thwarts their potentially far-reaching impact on productivity, poverty reduction, and governance. The authors use a representative household survey from Ethiopia where, over a short period, certificates to more than 20 million plots were issued to describe the certification process, explore its incidence and preliminary impact, and quantify the costs. While this provides many suggestions to ensure sustainability and enhance impact, Ethiopia's highly cost-effective first-time registration process provides important lessons
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  • 95
    Language: English
    Pages: Online-Ressource (1 online resource (25 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Mendelsohn, Robert Endogenous irrigation
    Keywords: Climate ; Climate Change ; Climate Change ; Drought Management ; Elasticity ; Environment ; Forestry ; Global Environment ; Irrigation ; Precipitation ; Rainfall ; Soil ; Temperature ; Temperature Change ; Water Resources ; Water Resources Assessment ; Water Supply and Sanitation ; Water Supply and Systems ; Climate ; Climate Change ; Climate Change ; Drought Management ; Elasticity ; Environment ; Forestry ; Global Environment ; Irrigation ; Precipitation ; Rainfall ; Soil ; Temperature ; Temperature Change ; Water Resources ; Water Resources Assessment ; Water Supply and Sanitation ; Water Supply and Systems ; Climate ; Climate Change ; Climate Change ; Drought Management ; Elasticity ; Environment ; Forestry ; Global Environment ; Irrigation ; Precipitation ; Rainfall ; Soil ; Temperature ; Temperature Change ; Water Resources ; Water Resources Assessment ; Water Supply and Sanitation ; Water Supply and Systems
    Abstract: Previous Ricardian analyses of agriculture have either omitted irrigation or treated irrigation as though it is exogenous. In practice, it is a choice by farmers that is sensitive to climate. This paper develops a choice model of irrigation in the context of a Ricardian model of cropland. The authors examine how climate affects the decision to use irrigation and then how climate affects the net revenues of dryland and irrigated land. This Ricardian "selection" model, using a modified Heckman model, is then estimated across 8,400 farmers in Africa. The analysis explicitly models irrigation but controls for the endogeneity of irrigation. The authors find that the choice of irrigation is sensitive to both temperature and precipitation. Simulations of the welfare impacts of several climate scenarios demonstrate that a model which assumes irrigation is exogenous provides a biased estimate of the welfare effects of climate change. If dryland and irrigation are to be estimated separately in the Ricardian model, irrigation must be modeled endogenously. The results also indicate that African agriculture is sensitive to climate change. Many farmers in Africa will experience net revenue losses from warming. Irrigated farms, on the other hand, are more resilient to temperature change and, on the margin, are likely to realize slight gains in productivity. But any reduction in precipitation will be especially deleterious to dryland farmers, generally the poorest segment of the agriculture community. The results indicate that irrigation is an effective adaptation against loss of rainfall and higher temperatures provided there is sufficient water available. This will be an effective remedy in select regions of Africa with water. However, for many regions there is no available surface water, so that warming scenarios with reduced rainfall are particularly deleterious
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  • 96
    Language: English
    Pages: Online-Ressource (1 online resource (68 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: McCluskey, Alyssa The impacts of climate change on regional water resources and agriculture in Africa
    Keywords: Agriculture ; Climate ; Climate Change ; Climate Change ; Environment ; Hydrology ; Land use ; Precipitation ; Rainfall ; River ; Runoff ; Stream ; Water Resources ; Water Supply and Sanitation ; Water Supply and Systems ; Wetlands ; Agriculture ; Climate ; Climate Change ; Climate Change ; Environment ; Hydrology ; Land use ; Precipitation ; Rainfall ; River ; Runoff ; Stream ; Water Resources ; Water Supply and Sanitation ; Water Supply and Systems ; Wetlands ; Agriculture ; Climate ; Climate Change ; Climate Change ; Environment ; Hydrology ; Land use ; Precipitation ; Rainfall ; River ; Runoff ; Stream ; Water Resources ; Water Supply and Sanitation ; Water Supply and Systems ; Wetlands
    Abstract: This paper summarizes the methods and findings of the hydrological assessment component of the project studying likely impacts of climate change on water resources and agriculture in Africa. The first phase of the study used a version of a conceptual rainfall-runoff model called WatBal (Water Balance) applied to gridded data to simulate changes in soil moisture and runoff across the whole continent of Africa rather than to any particular catchment or water resource system. The model inputs were the climate variables of the 1961-90 climatology and physiological parameters (such as soil properties and land use) derived from global datasets for each of the 0.5o latitude/longitude cells across the continent. The primary model output comprised a time series (monthly time step) of simulated runoff for all the grid cells for each of the districts in the countries of interest. The second phase of the study extended the hydrology analyses to update the above hydroclimatic series to the year 2000 using updated input data. To ascertain the possible impacts of climate change within the districts being investigated this study used synthetic or GCMbased climate change scenarios as input to the WatBal model. The WatBal model was used to determine the impact of these different scenarios on runoff and actual evaporation and hence flow in the districts under study. The generated hydroclimatic series and scenario analyses were used as inputs into various Ricardian regressions in other analyses measuring likely impacts of climate change on the agricultural economies of Africa
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  • 97
    Language: English
    Pages: Online-Ressource (1 online resource (47 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Nhemachena, Charles Assessment of the economic impacts of climate change on agriculture in Zimbabwe
    Keywords: Agriculture ; Agriculture and Farming Systems ; Climate ; Climate Change ; Climate Change ; Crops and Crop Management Systems ; Drought ; Economic Impacts ; Elasticity ; Environment ; Irrigation ; Poverty Reduction ; Precipitation ; Rainfall ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Poverty Reduction ; Soil ; Temperature ; Agriculture ; Agriculture and Farming Systems ; Climate ; Climate Change ; Climate Change ; Crops and Crop Management Systems ; Drought ; Economic Impacts ; Elasticity ; Environment ; Irrigation ; Poverty Reduction ; Precipitation ; Rainfall ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Poverty Reduction ; Soil ; Temperature ; Agriculture ; Agriculture and Farming Systems ; Climate ; Climate Change ; Climate Change ; Crops and Crop Management Systems ; Drought ; Economic Impacts ; Elasticity ; Environment ; Irrigation ; Poverty Reduction ; Precipitation ; Rainfall ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Poverty Reduction ; Soil ; Temperature
    Abstract: This study uses the Ricardian approach to examine the economic impact of climate change on agriculture in Zimbabwe. Net farm revenue is regressed against various climate, soil, hydrological and socio-economic variables to help determine the factors that influence variability in net farm revenues. The study is based on data from a survey of 700 smallholder farming households interviewed across the country. The empirical results show that climatic variables (temperature and precipitation) have significant effects on net farm revenues in Zimbabwe. In addition to the analysis of all farms, the study also analyzes the effects on dryland farms and farms with irrigation. The analysis indicates that net farm revenues are affected negatively by increases in temperature and positively by increases in precipitation. The results from sensitivity analysis suggest that agricultural production in Zimbabwe's smallholder farming system is significantly constrained by climatic factors (high temperature and low rainfall). The elasticity results show that the changes in net revenue are high for dryland farming compared to farms with irrigation. The results show that farms with irrigation are more resistant to changes in climate, indicating that irrigation is an important adaptation option to help reduce the impact of further changes in climate. An overview of farmer adaptation to changing climate indicates that farmers are already using some adaptation strategies-such as dry and early planting, growing drought resistant crops, changing planting dates, and using irrigation-to cushion themselves against further anticipated adverse climatic conditions. An important policy message from the empirical findings is that there is a need to provide adequate extension information services to ensure that farmers receive up-to-date information about rainfall patterns in the forthcoming season so that they make well-informed decisions on their planting dates. Policies that increase farmer training and access to credit and aid facilities and help farmers acquire livestock and other important farm assets can help improve net farm performance. Ensuring the availability and accessibility of fertilizers and crop seeds before the onset of the next cropping season can also significantly improve net farm performance across households
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  • 98
    Language: English
    Pages: Online-Ressource (1 online resource (29 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Kurukulasuriya, Pradeep Crop Selection
    Keywords: Agriculture ; Availability of seed ; Beans ; Choice of crops ; Climate Change ; Crop ; Crops and Crop Management Systems ; Environment ; Farmers ; Groundnut ; Maize ; Millet ; Soils ; Sorghum ; Agriculture ; Availability of seed ; Beans ; Choice of crops ; Climate Change ; Crop ; Crops and Crop Management Systems ; Environment ; Farmers ; Groundnut ; Maize ; Millet ; Soils ; Sorghum ; Agriculture ; Availability of seed ; Beans ; Choice of crops ; Climate Change ; Crop ; Crops and Crop Management Systems ; Environment ; Farmers ; Groundnut ; Maize ; Millet ; Soils ; Sorghum
    Abstract: This paper examines whether the choice of crops is affected by climate in Africa. Using a multinomial logit model, the paper regresses crop choice on climate, soils, and other factors. The model is estimated using a sample of more than 7,000 farmers across 11 countries in Africa. The study finds that crop choice is very climate sensitive. For example, farmers select sorghum and maize-millet in the cooler regions of Africa; maize-beans, maize-groundnut, and maize in moderately warm regions' and cowpea, cowpea-sorghum, and millet-groundnut in hot regions. Further, farmers choose sorghum, and millet-groundnut when conditions are dry; cowpea, cowpea-sorghum, maize-millet, and maize when medium wet; and maize-beans and maize-groundnut when wet. As temperatures warm, farmers will shift toward more heat tolerant crops. Depending on whether precipitation increases or decreases, farmers will also shift toward drought tolerant or water loving crops, respectively. There are several policy relevant conclusions to draw from this study. First, farmers will adapt to climate change by switching crops. Second, global warming impact studies cannot assume crop choice is exogenous. Third, this study only examines choices across current crops. Future farmers may well have more choices. There is an important role for agronomic research in developing new varieties more suited for higher temperatures. Future farmers may have even better adaptation alternatives with an expanded set of crop choices specifically targeted at higher temperatures
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  • 99
    Language: English
    Pages: Online-Ressource (1 online resource (42 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Gonzalez, Alvaro S Who Fears Competition From Informal Firms ?
    Keywords: Compliance costs ; Cost savings ; Economic development ; Economic growth ; Environment ; Environmental Economics and Policies ; Environments ; Fixed costs ; Metals ; Microfinance ; National Income ; Productivity growth ; Tax rates ; Compliance costs ; Cost savings ; Economic development ; Economic growth ; Environment ; Environmental Economics and Policies ; Environments ; Fixed costs ; Metals ; Microfinance ; National Income ; Productivity growth ; Tax rates ; Compliance costs ; Cost savings ; Economic development ; Economic growth ; Environment ; Environmental Economics and Policies ; Environments ; Fixed costs ; Metals ; Microfinance ; National Income ; Productivity growth ; Tax rates
    Abstract: This paper investigates who is most affected by informal competition and how regulation and enforcement affect the extent and nature of this competition. Using newly-collected enterprise data for 6,466 manufacturing formal firms across 14 countries in Latin America, the authors show that formal firms affected by head-to-head competition with informal firms largely resemble them. They are small credit constrained, underutilize their productive capacity, serve smaller customers, and are in markets with low entry costs. In countries where the government is effective and business regulations onerous, formal firms in industries characterized by low costs to entry feel the sting of informal competition more than in other business environments. Finally, the analysis finds that in an economy with relatively onerous tax regulations and a government that poorly enforces its tax code, the percentage of firms adversely affected by informal competition will be reduced from 38.8 to 37.7 percent when the government increases enforcement to cover all firms
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  • 100
    Language: English
    Pages: Online-Ressource (1 online resource (33 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Deininger, Klaus Efficiency And Equity Impacts of Rural Land Rental Restrictions
    Keywords: Access to information ; Agricultural development ; Agricultural production ; Agriculture ; Climate Change ; Communities & Human Settlements ; Environment ; Farmers ; Gender ; Housing ; Housing and Human Habitats ; Land reform ; Livestock ; Municipal Housing and Land ; Real Estate Development ; Rural Development Knowledge and Information Systems ; Rural development ; Access to information ; Agricultural development ; Agricultural production ; Agriculture ; Climate Change ; Communities & Human Settlements ; Environment ; Farmers ; Gender ; Housing ; Housing and Human Habitats ; Land reform ; Livestock ; Municipal Housing and Land ; Real Estate Development ; Rural Development Knowledge and Information Systems ; Rural development ; Access to information ; Agricultural development ; Agricultural production ; Agriculture ; Climate Change ; Communities & Human Settlements ; Environment ; Farmers ; Gender ; Housing ; Housing and Human Habitats ; Land reform ; Livestock ; Municipal Housing and Land ; Real Estate Development ; Rural Development Knowledge and Information Systems ; Rural development
    Abstract: Recognition of the potentially deleterious implications of inequality in opportunity originating in a skewed asset distribution has spawned considerable interest in land reforms. However, little attention has been devoted to fact that, in the longer term, the measures used to implement land reforms could negatively affect productivity. Use of state level data on rental restrictions, together with a nationally representative survey from India, suggests that, contrary to original intentions, rental restrictions negatively affect productivity and equity. The restrictions reduce the scope for efficiency-enhancing rental transactions that benefit poor producers. Simulations suggest that, by doubling the number of producers with access to land through rental, from about 15 million currently, liberalization of rental markets could have far-reaching impacts
    URL: Volltext  (Deutschlandweit zugänglich)
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