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  • Online Resource  (1,521)
  • 2015-2019  (1,521)
  • World Bank Group  (1,488)
  • Grimm, Wilhelm
  • Spamer, Adolf (1883-1953)
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  • 1
    Online Resource
    Online Resource
    Kinder und Hausmärchen. (1837-)
    Göttingen : Dieterich
    Details
    Language: German
    Edition: Große Ausgabe
    Edition: Online-Ausgabe München Bayerische Staatsbibliothek 2022 1 Online-Ressource
    Parallel Title: Elektronische Reproduktion von Kinder- und Hausmärchen
    Keywords: Anthologie ; Kinderbuch ; Deutsch ; Märchen ; Prosa ; Literatur
    URL: kostenfrei
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  • 2
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    Online Resource
    Kinder- und Haus-Märchen (1819-)
    Berlin : bei G. Reimer
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    Language: German
    Pages: 8°
    Edition: Online-Ausgabe München Bayerische Staatsbibliothek 2022 1 Online-Ressource
    Parallel Title: Elektronische Reproduktion von Kinder- und Haus-Märchen
    Keywords: Anthologie ; Kinderbuch ; Deutsch ; Märchen ; Prosa ; Literatur
    Note: In Fraktur
    URL: kostenfrei
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  • 3
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    Online Resource
    Werke : Forschungsausgabe (1985-)
    Hildesheim [u.a.] : Olms-Weidmann
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    Details
    Language: German
    Pages: TIFF, Vers.6.0, 600 dpi, 1 bit (s/w), ITU group 4; Digitalisierungsvorlage: Primärausgabe
    Edition: Electronic. ed. Hildesheim [u.a.] Olms 2006 Olms online. Reprints. Sammlung zur Philosophie und deutschsprachigen Literatur des 16. bis 20. Jahrhunderts
    Edition: Göttingen GDZ
    Former Title: Teilw. u.d.T. Grimm, Jacob: Sämtliche Werke
    Note: Nachdr. teilw. in der Reihe Documenta linguistica , SUB Göttingen
    URL: Volltext
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  • 4
    Online Resource
    Online Resource
    Kinder und Hausmärchen. (1837-)
    Göttingen : Dieterich
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    Details
    Language: German
    Edition: Große Ausg.
    Edition: Online-Ausgabe Berlin Staatsbibliothek zu Berlin - Preußischer Kulturbesitz 2021 Historische Drucke digital
    Edition: Nachlass Grimm digital
    Parallel Title: Elektronische Reproduktion von Kinder- und Hausmärchen
    Keywords: Anthologie ; Kinderbuch ; Deutsch ; Märchen ; Prosa ; Literatur
    URL: kostenfrei
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    KOBV
  • 5
    Online Resource
    Online Resource
    Kinder und Hausmärchen. (1837-)
    Göttingen : Dieterich
    Details
    Language: German
    Edition: Große Ausg.
    Edition: Online-Ausgabe Berlin Staatsbibliothek zu Berlin - Preußischer Kulturbesitz 2021 Historische Drucke digital
    Edition: Nachlass Grimm digital
    Parallel Title: Elektronische Reproduktion von Kinder- und Hausmärchen
    Keywords: Anthologie ; Kinderbuch ; Deutsch ; Märchen ; Prosa ; Literatur
    URL: kostenfrei
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  • 6
    Online Resource
    Online Resource
    Kinder und Hausmärchen. (1837-)
    Göttingen : Dieterich
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    Details
    Language: German
    Edition: Große Ausgabe
    Edition: Online-Ausgabe München Bayerische Staatsbibliothek 2022 1 Online-Ressource
    Parallel Title: Elektronische Reproduktion von Kinder- und Hausmärchen
    Keywords: Anthologie ; Kinderbuch ; Deutsch ; Märchen ; Prosa ; Literatur
    URL: kostenfrei
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  • 7
    Online Resource
    Online Resource
    Kinder- und Haus-Märchen (1819-)
    Berlin : bei G. Reimer
    Details
    Language: German
    Pages: 8°
    Edition: Online-Ausgabe München Bayerische Staatsbibliothek 2022 1 Online-Ressource
    Parallel Title: Elektronische Reproduktion von Kinder- und Haus-Märchen
    Keywords: Anthologie ; Kinderbuch ; Deutsch ; Märchen ; Prosa ; Literatur
    Note: In Fraktur
    URL: kostenfrei
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  • 8
    Online Resource
    Online Resource
    Die schönsten Märchen der Brüder Grimm (2019)
    Hamburg : Dressler Verlag
    Details
    ISBN: 9783862721078
    Language: German
    Pages: Online-Ressource, 240 Seiten
    Series Statement: Dressler Klassiker
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als Die schönsten Märchen der Brüder Grimm
    DDC: 398.20943
    Keywords: Deutsch ; Märchen ; Deutschland ; Deutschland ; Mitteleuropa ; Deutschland ; (Produktform)Electronic book text ; (Zielgruppe)ab 6 Jahre ; (BISAC Subject Heading)JUV012000 ; (BISAC Subject Heading)JUV007000 ; (VLB-WN)9250 ; Märchen ; Klassiker ; Hausmärchen ; Rapunzel ; Drosselbart ; Schneewittchen ; Däumling ; Dornröschen ; gestiefelte Kater ; Froschkönig ; Frau Holle ; Hänsel und Gretel ; Rotkäppchen ; Vom Fischer und seiner Frau ; Aschenputtel ; Bremer Stadtmusikanten ; (VLB-WN)9232 ; (Zielgruppe)ab 4 Jahre ; (BISAC Subject Heading)JNF002000 ; (Produktform (spezifisch))MP3 format ; (Zielgruppe)ab 6 Jahren ; Kinderalltag ; Familie ; (Produktgruppe)13: Dressler ; (DDB-Sachgruppen)07: Kinder- und Jugendliteratur ; Anthologie ; Deutsch ; Märchen
    URN: urn:nbn:de:101:1-2019032219435209358056
    URL: https://nbn-resolving.org/urn:nbn:de:101:1-2019032219435209358056
    URL: http://d-nb.info/1181496497/34
    URL: http://www.dressler-verlag.de
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    DNB
  • 9
    Online Resource
    Online Resource
    Die schönsten Märchen der Brüder Grimm : Teil 6 (2019)
    Hamburg : Audiolino
    Details
    Language: German
    Pages: Online-Ressource
    Edition: ungekürzte Ausgabe
    Additional Information: In Beziehung stehende Ressource 9783867372947
    Additional Information: In Beziehung stehende Ressource 9783867372954
    Additional Information: In Beziehung stehende Ressource 9783867373135
    Additional Information: In Beziehung stehende Ressource 9783867372725
    Additional Information: In Beziehung stehende Ressource 9783867372732
    Additional Information: In Beziehung stehende Ressource 9783867372848
    Additional Information: In Beziehung stehende Ressource 9783867372855
    Additional Information: In Beziehung stehende Ressource 9783867372930
    Additional Information: In Beziehung stehende Ressource 9783867373364
    Additional Information: In Beziehung stehende Ressource 9783867373371
    Series Statement: Die schönsten Märchen der Brüder Grimm 6
    Series Statement: Die schönsten Märchen der Brüder Grimm
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    DDC: 390
    Keywords: (Produktform)Downloadable audio file ; (BISAC Subject Heading)FIC010000 ; (Produktform (spezifisch))MP3 format ; Brüder Grimm ; Buch ; Der Teufel mit den drei goldenen Haaren ; Der treue Johannes ; Die Bremer Stadtmusikanten ; Grimm ; Hänsel und Gretel ; Hörbuch ; Kinder- und Hausmärchen ; Kinderbuch ; Märchen ; Romantik ; Sterntaler ; (VLB-WN)9114
    URN: urn:nbn:de:101:1-2019060802292204632823
    URL: https://nbn-resolving.org/urn:nbn:de:101:1-2019060802292204632823
    URL: http://d-nb.info/1188106139/34
    URL: http://www.audiolino.de/joomla/Joomla_3/index.php/produkte/alle-hoerbuecher/product/view/2/492
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  • 10
    Online Resource
    Online Resource
    Household Tales (2019)
    Warszawa : Ktoczyta.pl
    Details
    ISBN: 9788382000061
    Language: English
    Pages: 1 online resource (641 pages)
    DDC: 398.210943
    Keywords: Fairy tales--Germany ; Fairy tales ; Electronic books
    Abstract: Intro -- Cover page -- Contents -- 1 The Frog-King, or Iron Henry -- 2 Cat and Mouse in Partnership -- 3 Our Lady's Child -- 4 The Story of the Youth Who Went Forth to Learn What Fear Was -- 5 The Wolf and the Seven Little Kids -- 6 Faithful John -- 7 The Good Bargain -- 8 The Wonderful Musician -- 9 The Twelve Brothers -- 10 The Pack of Ragamuffins -- 11 Little Brother and Little Sister -- 12 Rapunzel -- 13 The Three Little Men in the Wood -- 14 The Three Spinners -- 15 Hansel and Grethel -- 16 The Three Snake-Leaves -- 17 The White Snake -- 18 The Straw, the Coal, and the Bean -- 19 The Fisherman and His Wife -- 20 The Valiant Little Tailor -- 21 Cinderella -- 22 The Riddle -- 23 The Mouse, the Bird, and the Sausage -- 24 Mother Holle -- 25 The Seven Ravens -- 26 Little Red-Cap -- 27 The Bremen Town-Musicians -- 28 The Singing Bone -- 29 The Devil With the Three Golden Hairs -- 30 The Louse and the Flea -- 31 The Girl Without Hands -- 32 Clever Hans -- 33 The Three Languages -- 34 Clever Elsie -- 35 The Tailor in Heaven -- 36 The Wishing-Table, the Gold-Ass, and the Cudgel in the Sack -- 37 Thumbling -- 38 The Wedding of Mrs. Fox -- 39 The Elves -- 40 The Robber Bridegroom -- 41 Herr Korbes -- 42 The Godfather -- 43 Frau Trude -- 44 Godfather Death -- 45 Thumbling as Journeyman -- 46 Fitcher's Bird -- 47 The Juniper-Tree -- 48 Old Sultan -- 49 The Six Swans -- 50 Briar-Rose -- 51 Fundevogel (Bird-foundling) -- 52 King Thrushbeard -- 53 Little Snow-white -- 54 The Knapsack, the Hat, and the Horn -- 55 Rumpelstiltskin -- 56 Sweetheart Roland -- 57 The Golden Bird -- 58 The Dog and the Sparrow -- 59 Frederick and Catherine -- 60 The Two Brothers -- 61 The Little Peasant -- 62 The Queen Bee -- 63 The Three Feathers -- 64 The Golden Goose -- 65 Allerleirauh -- 66 The Hare's Bride -- 67 The Twelve Huntsmen -- 68 The Thief and his Master.
    Note: Description based on publisher supplied metadata and other sources
    URL: lizenzpflichtig
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  • 11
    Online Resource
    Online Resource
    Fairy Tales (2019)
    Warszawa : Ktoczyta.pl
    Details
    ISBN: 9788381767408
    Language: English
    Pages: 1 online resource (227 pages)
    DDC: 398.2
    Keywords: Fairy tales--Germany ; Fairy tales ; Folklore ; Electronic books
    Abstract: Intro -- Cover page -- Contents -- THE GOLDEN BIRD -- HANS IN LUCK -- JORINDA AND JORINDEL -- THE TRAVELLING MUSICIANS -- OLD SULTAN -- THE STRAW, THE COAL, AND THE BEAN -- BRIAR ROSE -- THE DOG AND THE SPARROW -- THE TWELVE DANCING PRINCESSES -- THE FISHERMAN AND HIS WIFE -- THE WILLOW-WREN AND THE BEAR -- THE FROG-PRINCE -- CAT AND MOUSE IN PARTNERSHIP -- THE GOOSE-GIRL -- THE ADVENTURES OF CHANTICLEER AND PARTLET -- RAPUNZEL -- FUNDEVOGEL -- THE VALIANT LITTLE TAILOR -- HANSEL AND GRETEL -- THE MOUSE, THE BIRD, AND THE SAUSAGE -- MOTHER HOLLE -- LITTLE RED-CAP [LITTLE RED RIDING HOOD] -- THE ROBBER BRIDEGROOM -- TOM THUMB -- RUMPELSTILTSKIN -- CLEVER GRETEL -- THE OLD MAN AND HIS GRANDSON -- THE LITTLE PEASANT -- FREDERICK AND CATHERINE -- SWEETHEART ROLAND -- SNOWDROP -- THE PINK -- CLEVER ELSIE -- THE MISER IN THE BUSH -- ASHPUTTEL -- THE WHITE SNAKE -- THE WOLF AND THE SEVEN LITTLE KIDS -- THE QUEEN BEE -- THE ELVES AND THE SHOEMAKER -- THE JUNIPER-TREE -- THE TURNIP -- CLEVER HANS -- THE THREE LANGUAGES -- THE FOX AND THE CAT -- THE FOUR CLEVER BROTHERS -- LILY AND THE LION -- THE FOX AND THE HORSE -- THE BLUE LIGHT -- THE RAVEN -- THE GOLDEN GOOSE -- THE WATER OF LIFE -- THE TWELVE HUNTSMEN -- THE KING OF THE GOLDEN MOUNTAIN -- DOCTOR KNOWALL -- THE SEVEN RAVENS -- THE WEDDING OF MRS FOX -- THE SALAD -- THE STORY OF THE YOUTH WHO WENT FORTH TO LEARN WHAT FEAR WAS -- KING GRISLY-BEARD -- IRON HANS -- CAT-SKIN -- SNOW-WHITE AND ROSE-RED -- Notes.
    Note: Description based on publisher supplied metadata and other sources
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  • 12
    Online Resource
    Online Resource
    The Democratic Republic of the Congo - Joint World Bank-IMF Debt Sustainability Analysis (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Debt and Creditworthiness Study
    Abstract: According to the updated Low-Income Country Debt Sustainability Framework (LIC DSF), the Democratic Republic of the Congo (DRC)'s debt-carrying capacity was assessed as weak. DRC remains at a moderate risk of external and overall debt distress, with limited space to absorb shocks. The debt coverage has been improved since the last DSA, especially on domestic debt. The external nominal debt ratios are lower than at the time of the 2015 debt sustainability analysis (DSA), however the country shows vulnerability in debt repayment capacity, even under the baseline, due to weak revenue mobilization. Most external debt thresholds are breached under the stress tests, highlighting the country's vulnerability to external shocks. Given limited buffers, prudent borrowing policies are essential by prioritizing concessional loans and strengthening debt management policies
    DOI: 10.1596/32577
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  • 13
    Online Resource
    Online Resource
    The Federated States of Micronesia - Joint World Bank-IMF Debt Sustainability Analysis (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Debt and Creditworthiness Study
    Abstract: The Federated States of Micronesia (FSM) remains at high risk of debt distress under the Debt Sustainability Framework (DSF). Unless the compact agreement with the United States or parts of it are renewed, the FSM will face a fiscal cliff when the U.S. Compact grants amounting to 20 percent of gross domestic product (GDP) are expected to expire in FY2023. Under the baseline scenario without fiscal adjustments, the fiscal cliff would put debt on an upward trajectory starting in FY2024, with the external debt-to-GDP ratio reaching 30 percent in FY2029 and 57 percent in FY2039, and the public debt-to-GDP ratio reaching 43 percent in FY2029 and 67 percent in FY2039. As a result, the DSF thresholds on the present value of external debt-to-GDP and public debt-to-GDP ratios are projected to be breached within a 20-year horizon. While mechanical application of the DSF based on a 10-year forecast horizon would imply a moderate risk rating, the envisaged breach of the thresholds within a 20-year forecast horizon would warrant an assessment of high risk of external and overall debt distress. Lowering the risk of debt distress would require a fiscal adjustment and steadfast structural reforms to promote private sector growth. The FSM's vulnerability to climate change and weather-related natural disasters constitutes a major risk and calls for strategies to strengthen climate change resilience
    DOI: 10.1596/32573
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  • 14
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    Online Resource
    Regulating Alternative Finance : Results from a Global Regulator Survey (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Financial Sector Study
    Abstract: The survey aims to comprehensively and comparatively analyze how regulators from both developing and developed economies are regulating and supervising online alternative finance activities. The current gap is between the demand for finance by small and medium size enterprises (SMEs) and existing matching supply is estimated to be approximately USD 5 trillion worldwide. Fortunately, access to formal financial services has expanded tremendously over the past few years, fueled by Fintech solutions. Not only have they increased financial inclusion, they have also increased competition, driving prices lower and improving the quality of services offered. This momentum -driving access to transaction accounts and electronic payments- is crucial for financial inclusion, but firms and individuals also need access to credit, insurance, long-term savings and pension products and investment capital. This report focuses on peer-to-peer lending, equity crowdfunding and initial coin offerings, which constitute a rapidly growing segment of fintech for meeting credit, savings and investment needs. Survey findings informing this report are based on responses from regulators in more than one hundred and ten jurisdictions across the world. The survey identified expanded access to finance for firms and individuals and strengthened competition as primary triggers for advancing the development of alternative finance
    DOI: 10.1596/32592
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  • 15
    Online Resource
    Online Resource
    Financial Inclusion in the Maldives : Findex 2018 Survey (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Financial Sector Study
    Abstract: In this note authors explore the many ways that adults in the Maldives are using digital payment services through mobile phones, the internet, and bank accounts. The authors also explore savings habits and outline opportunities to use digital technology to bring financial services to adults who still have no accounts. The Findex Notes series summarizes data compiled by the Global Findex from nationally representative surveys of more than 150,000 adults in over 140 economies in 2017, including more than 1,000 adults in the Maldives. Research is showing that when people embrace digital financial services, a range of development benefits follow. When women in India received personal accounts linked to a jobs guarantee program, they increased their labor force participation and earnings compared to women who received such payments into a join account controlled by their husbands. The improvements in employment and earnings improvements disproportionately benefitted women with previously low labor force participation and those whose husbands were most opposed to their getting a job. Women-headed households in Nepal spent 15 percent more on nutritious foods (meat and fish) and 20 percent more on education after receiving free savings accounts. Another study found that the adoption of mobile money accounts in Kenya helped lift 194,000 people out of poverty, and that the accounts proved especially beneficial for women. Mobile money has also been cited as a fast and efficient method of sending and receiving funds from a network of acquaintances during an emergency, potentially reducing the likelihood that those impacted by a financial crisis will descend into poverty
    DOI: 10.1596/32617
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  • 16
    Online Resource
    Online Resource
    Thailand - Detailed Assessment of Observance : Basel Core Principles for Effective Banking Supervision (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Financial Sector Assessment Program
    Abstract: This assessment of the implementation of the BCP by the BOT is part of the FSAP undertaken by the IMF and the World Bank. The assessment was performed October 25 through November 16, 2018 and is based on the regulatory and supervisory framework in place at the time of this visit. Compliance was measured against standards issued by the Basel Committee on Banking Supervision (BCBS) in 2012.1 Since the previous assessment, conducted in 2008, the BCP standards have been revised and reflect the international consensus for minimum standards based on global experience. The view is that supervision should be based on a process involving well-defined requirements, supervisory onsite and offsite determination of compliance with requirements and risk assessments, and a strong program of enforcement and corrective action and sanctions. The 2012 revision placed increased emphasis on corporate governance, on supervisors conducting reviews to determine compliance with regulatory requirements, and on thoroughly understanding the risk profile of banks and the banking system. The assessors appreciated the high quality of cooperation received from the authorities. The mission extends its thanks to the staff of the BOT for its excellent cooperation and hospitality. The BOT provided a comprehensive and detailed self-assessment and granted access to supervisory manuals, onsite inspection reports, monitoring reports, and risk assessments
    DOI: 10.1596/32614
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  • 17
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    Early Childhood Development Services in Armenia : Diagnostic Report (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Health Study
    Abstract: This report assesses the key constraints on the supply of (quantity and quality) and demand for early childhood development (ECD) services for pregnant women and children under the age of five in Armenia and puts forth recommendations on how to improve access to ECD services for poor and socially vulnerable families. The government of the Republic of Armenia, with support from the World Bank and other development partners, is currently expanding the existing social work system in Armenia to more actively link vulnerable families to ECD services. A specific objective of the report is to inform the design of this expansion. The World Bank team carried out a survey of ECD services providers in the four marzes of Ararat, Gegharkunik, Lori and Yerevan. The report draws heavily on the findings of this facility survey, the Integrated Living Conditions Survey (ILCS) 2017,3 the Social Snapshot and Poverty in Armenia, the Armenia Demographic and Health Survey (DHS) 2015-16 (NSS 2017), and on other ECD-related studies conducted in Armenia. The report's assessment and recommendations are also grounded in global evidence on ECD. This evidence highlights the importance to human development of receiving nurturing care in the early years. There is robust evidence that early experiences shape the brain's structure and functioning, and that deprivations during the prenatal period and early childhood can have substantial negative impacts on later cognitive ability and educational achievement. Early childhood development services that promote nurturing care during this period are cost effective, and programs for disadvantaged children during early childhood have a higher rate of return than programs introduced later in life. Services with proven benefits to ECD include antenatal care, promotion of child nutrition and micronutrient supplementation, parenting education, and preschool education. Global evidence points to specific interventions in each area that have proven impact
    DOI: 10.1596/32615
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  • 18
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    Turkey Economic Monitor, October 2019 : Charting a New Course (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: The Turkish economy has experienced major external adjustments over the past 12 months, including declining current account imbalances, reduced external debt of banks, and a recovery in portfolio flows. These have lessened the external vulnerabilities that had accumulated in the run up to the August 2018 currency shock. These adjustments have reduced the country's external financing needs and contributed to a more stable Lira, notwithstanding bouts of currency volatility in 2019 Q2 and Q3. The adjustments were aided by somewhat agile policy responses and more favorable (than expected) global monetary conditions. Even so, foreign exchange reserves have gotten eroded over the past two years, exposing Turkey to external market pressure. The real sector remains deeply affected by the persistence of macro-financial vulnerabilities. Investment significantly decreased - contracting for four quarters in a row (till 2019 Q2) - whilst industrial production points to a weak turnaround. The gradual recovery from recession in 2018 H2 has been fueled by a pickup in private consumption and net external demand. The decline in inflation has begun, after exchange rate pass-through and episodes of loss of confidence in the Lira had sharply increased consumer prices, averaging 17 percent in the first three quarters of 2019. A gradual decline in producer prices since October 2018 has helped close the gap between PPI and CPI inflation and reduced pass-through pressures on consumer prices. Stagnating output levels, rising costs of production, and high consumer prices have led to significant job losses and falling real wages. Turkey's economy lost around 840 thousand jobs from May 2018 to May 2019, amounting to 2.9 percent of total employment. The unemployment rate increased from 10.6 percent to 14 percent between May 2018 and May 2019, with the youth seeing a jump in their unemployment rate from 19.6 to 25.6 percent. Average real wages declined by 2.6 percent between 2017 and 2018. The rise in unemployment and decline in real wages was experienced by workers across the skills and education spectrums. Poorer households have been the most impacted because many low-income workers are employed in construction and agriculture-the sectors that saw the biggest decline in jobs. Moreover, the long-term impact of a drop in real wages is significantly greater for the poorest households since they have limited coping mechanisms
    DOI: 10.1596/32634
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  • 19
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    Nigeria Digital Economy Diagnostic Report (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Infrastructure Study
    Abstract: As the biggest economy in Africa with one of the largest youth populations in the world, Nigeria is well-positioned to develop a strong digital economy. This would have a transformational impact on the country. In order to reap the benefits, Nigeria needs to focus on accelerating improvements in five fundamental pillars of a digital economy: digital infrastructure, digital platforms, digital financial services, digital entrepreneurship and digital skills. The Nigeria Digital Economy Diagnostic report identifies key challenges and opportunities of leveraging the digital economy for diversified and sustained growth. It provides an assessment of the state of Nigeria's digital economy around the five foundational pillars. The report also offers specific, actionable recommendations to the government and private sector stakeholders to further Nigeria's development of each pillar. The report was produced in the context of the Digital Economy (DE4A) initiative, an African Union initiative supported by the World Bank Group, which aims to digitally connect every person, business, and government in Africa by 2030
    DOI: 10.1596/32743
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  • 20
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    Cote d'Ivoire Climate-Smart Agriculture Investment Plan (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Agricultural Study
    Abstract: Climate change threatens to bring substantial impacts to Cote d'Ivoire's agriculture sector, which is central to the country's economic productivity and food security. Climate change, of course, poses challenges not only for Cote d'Ivoire but also for countries across Africa. Cote d'Ivoire is a signatory to the United National Nations Framework Convention on Climate Change (UNFCCC) Paris agreement and has submitted its nationally determined contributions (NDC), committing to take action both on adaptation to climate change and on reducing greenhouse emissions. Cote d'Ivoire is by far a minor emitter of greenhouse gases. This document provides an investment plan for climate-smart agriculture (CSA) in Cote d'Ivoire, developed with support of the AAA Initiative and the World Bank, and technical assistance of the CGIAR Research Program on Climate Change Agriculture and Food Security (CCAFS). This plan includes a set of twelve key CSA investments for Cote d'Ivoire that were developed with strong stakeholder engagement, expert input and scientific evidence. Because it is a member of the AAA Initiative and is also committed to delivering on its NDC commitments, Cote d'Ivoire now has an investment plan that includes a set of specific climate-smart projects that improve productivity, build resilience to climate change and, as appropriate, reduce greenhouse gas emissions in the agriculture sector
    DOI: 10.1596/32745
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    Sri Lanka Human Capital Development : Realizing the Promise and Potential of Human Capital (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Education Study
    Abstract: Human capital is a central determinant of economic well-being and social advancement in the modern world economy. The concept of human capital covers the knowledge, skills, nutrition, and health that people accumulate over their lives, enabling them to realize their potential as productive members of society. This Sri Lanka human capital report has several objectives. First, the report serves as a vehicle to explain the Human Capital Project (HCP) and Human Capital Index (HCI) to an audience of national and provincial policy makers and technocrats, and academics and researchers. Second, the report analyzes the main achievements and challenges in human capital development in the context of the World Bank's HCP, with a special focus on the variables covered in the HCI. Third, the report applies the HCI to an analysis of regional variations in human capital in Sri Lanka. Fourth, the report presents policy and program options for Sri Lanka to combat the main challenges identified in the analysis of the HCI variables. Fifth, some strategic options broader than the HCI but within the scope of the HCP are discussed
    DOI: 10.1596/32800
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    Armenia Tertiary Education : SABER Country Report (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Systems Approach for Better Education Results (SABER)
    Abstract: This report aims to help the government of Armenia and its stakeholders develop a strategy for the tertiary education sector. It uses the methodology of SABER - Tertiary Education (SABER-TE), which is a diagnostic tool to assess how education systems perform and to identify priorities for reforms at the national level. The methodology and this report are part of the World Bank's systems approach for better education results (SABER), which benchmarks education systems at the country level. SABER uses an extensive questionnaire to collect data on the policy environment for tertiary education. The questionnaire is populated through an analysis of the most recent versions of relevant legislation, policy documents, and reports on the sector. The SABER team also carried out fieldwork in Armenia between July 2018 and March 2019 with visits to several universities, government agencies, and other stakeholders. After data collection for Armenia was complete, the policy dimensions were scored on a rubric. This report proceeds as follows. First, the authors describe the context of the tertiary education system in Armenia. In the seven sections that follow the authors proceed with scoring each of the seven policy dimensions in turn, and in the conclusion they offer a few general observations and recommendations about tertiary education in Armenia
    DOI: 10.1596/32631
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    Tanzania Mainland Poverty Assessment (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Poverty Assessment
    Abstract: This report summarizes a comprehensive analysis of poverty and inequality in Tanzania and identifies some priority actions if poverty is to be reduced. The first part is based on the results of the Household Budget Surveys (HBSs) for 2007, 2012, and 2018; several rounds of National Panel Surveys (NPSs); and Demographic Health Survey (DHS) data. It also combines spatial information from the population census and other sources with HBS data to (1) provide a rigorous analysis of the evolution, profile, and determinants of poverty and inequality; (2) exploremovements in and out of poverty and their drivers; and (3) examine the distribution of poverty and living conditions across the country at a detailed geographic level. The second and final part examines the pattern of structural transformation, firm profiles, job creation, and financial inclusion using the rebased GDP figures released in February 2019, plus data from the Statistical Business Register (SBR), Census of Industrial Production (CIP), national accounts, NPS, Integrated Labor Force Surveys (ILFS), and other sources. This executive summary provides an overview ofall the findings
    DOI: 10.1596/33031
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    Cambodia Economic Update, November 2019 : Upgrading Cambodia in Global Value Chains (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: Cambodia's economy continues to show signs of robust growth, underpinned by solid export performance and strong domestic demand. Key macroeconomic data for the first six-months, however, indicate a slight deceleration of economic activity this year, compared to a strong growth performance of 7.5 percent in 2018. Garment and footwear exports, accounting for about 70 percent of total merchandise exports, grew at 17.7 percent in 2018, but eased slightly to 15.3 percent (y/y) in June 2019. Bustling construction activity has continued, reflecting a sustained appetite for investment. As a result, steel imports skyrocketed, rising 63.5 percent (y/y) in volume terms in June 2019, up from 27.7 percent in 2018. During the first half of 2019, although the reported value of newly approved investment projects accelerated, foreign direct investment (FDI) inflows, of which about 40 percent originated from China, eased. The tourism sector remained resilient; international arrival growth increased to 11.2 percent (y/y) in June 2019, compared with 10.7 percent in 2018, with almost 40 percent of foreign visitors coming from China. Rising domestic consumption fueled by a surge in FDI inflows in recent years drove import growth. Imports of petroleum products and motor vehicles rose by 91.0 percent and 18.5 percent, respectively. Thanks mainly to depressed domestic food and oil prices, inflation continued to be subdued, declining slightly to 1.4 percent (y/y) in mid-2019, down from 1.6 percent in 2018. While being softly pegged at around 4,000 riel per US dollar, the local currency depreciated slightly to 4,089 riel per US dollar in August 2019, up from 4,018 riel per US dollar in December 2018, likely due to slower capital inflows
    DOI: 10.1596/33028
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    Sand and Dust Storms in the Middle East and North Africa Region : Sources, Costs, and Solutions (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Environmental Study
    Abstract: Dust storms are capable of transporting sediment over thousands of kilometers, but due to the Middle East and North Africa (MENA) region's proximity to the Sahara Desert, the region is one of the dustiest in the world. While natural sources such as the Sahara are the main contributors to dust storms in MENA, land-use changes and human-induced climate change has added anthropogenic sources as well. Like sources, drivers of sand and dust storms are also natural and anthropogenic, as both wind speed and land management can cause them. Dust deposition has wide-ranging health impacts, such as causing and aggravating asthma, bronchitis, respiratory diseases, and infections and lung cancer. Apart from devastating health impacts, dust also impacts the environment, agriculture, transport, and infrastructure. Globally, welfare losses from dust are approximately 3.6 trillion USD, where costs are about 150 billion USD and over 2.5 percent of Gross Domestic Product (GDP) on average in MENA. Besides investing in early warning systems, governments all over the world are designing policies to mitigate the impact of sand and dust storms, both at national and regional levels. The World Meteorological Organization (WMO) launched a sand and dust storm warning system that aims to deliver reliable dust storm forecasts through a network of research organizations all over the world. It aims to improve the ability of countries to deliver quick and high-quality sand and dust storm forecasts and knowledge to users through an international partnership of research and operational organizations
    DOI: 10.1596/33036
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    China Economic Update, December 2019 : Cyclical Risks and Structural Imperatives (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: China's economy is slowing, reflecting cyclical factors and longer-term structural trends. Notwithstanding the recent conclusion of the phase one agreement between China and the United States, short-term risks remain tilted to the downside amid a fragile global outlook and the lingering impact of trade tensions, especially on confidence. Adverse demographics, tepid productivity growth, and the legacies of excessive borrowing and environmental pollution will continue to weigh on growth over the medium term. If downside risks lead to a sharp reduction in growth, the authorities have policy space to act, but this needs to be done in a way that is consistent with reducing financial and corporate sector risks and achieving the desired rebalancing of the economy toward consumption and private investment. The key medium-term priorities are to deepen structural reforms to strengthen productivity growth and private investment, while accelerating rebalancing toward consumption, services, and green growth. This would require addressing market distortions and mainstreaming environmental sustainability into China's medium-term development strategy. Implementation of these priorities would boost China's long-term growth prospects; it would also help move toward a more comprehensive and lasting resolution of remaining deep-seated disagreements on global trade and investment, and public goods agenda
    DOI: 10.1596/33063
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    Developing Nature-Based Tourism as a Strategic Sector for Green Growth in Lao PDR : Synthesis Report (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Environmental Study
    Abstract: Lao PDR faces a great opportunity to develop its tourism sector, in particular nature-based tourism (NBT), to create greener, more resilient economic growth and good jobs from its attractive landscapes and wildlife. Throughout the world, NBT is the fastest growing segment of tourism, and the demand is growing as the urban middle class expands, particularly in Asia. There is an opportunity for less established destinations with rich natural and cultural heritage to contribute to sustainable social and economic development, especially in rural areas and particularly for the benefit of women and young people, who can often be marginalized in socially and economically disadvantaged areas. However, there have been several examples globally, and in Lao PDR, where communities with modest attractions and difficult accessibility were promised large numbers of tourists and resulting incomes, with nothing materializing. This report seeks to assess the potential for NBT, identify barriers to sustainable NBT development, and formulate potential solutions and actions that contribute to the country's green growth ambitions
    DOI: 10.1596/33095
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    The Untapped Potential of Mauritania's Entrepreneurial Ecosystem : Lessons from the Entrepreneur's Marathon (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Private Sector Development, Privatization, and Industrial Policy
    Abstract: In Mauritania - a country dominated by the Sahara Desert and defined by tradition - players from across society are coming together to encourage innovation and set a new path for the country's development. From the public sector to local and international businesses, as well as the donor community, entrepreneurship is beginning to emerge as a crucial element in any strategy to address Mauritania's greatest challenges: socio-economic inclusion, poverty reduction, youth employment, economic diversification and climate change. Since independence, the country has pursued a traditional state-driven model that has failed to catalyze the necessary investments and private sector-driven solutions to these problems. Due to structural limitations of competition in the economy, the country's private sector is a concentration of large business groups that dominate the trade, banking and procurement markets. New entrants are crowded out, with formal micro, small and medium enterprises (MSMEs) in Mauritania numbering a mere 3,000. Informal self-employment and micro-businesses in agriculture, livestock and commerce currently make up the vast majority of jobs among the poorest households in Mauritania. Smaller independent firms continue to encounter obstacles, discouraging the emergence of local suppliers and directly impacting international investors who face higher operating costs. Poor quality in education and professional training reinforce these challenges, limiting job opportunities even in expanding sectors in the economy. A lack of expertise and practical skills are compounded by complex labor regulations, making it even harder for businesses to recruit and retain young job-seeking Mauritanians
    DOI: 10.1596/33099
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    Lesotho Disaster Risk Financing Diagnostic (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Risk and Vulnerability Assessment
    Abstract: This diagnostic study is prepared at the request of the Ministry of Finance (MoF), Government of Lesotho (GoL)and aims to identify options to strengthen the country's financial resilience to disasters. It includes a review of disaster response costs and the current disaster risk financing (DRF) arrangements of the GoL, including institutional and legal frameworks, and proposes some recommendations. Lesotho is prone to weather-related perils such as droughts, floods, and storms. Drought affects the largest number of people. For instance, a drought in 2015/16 affected almost half of the population. Over two-thirds of the population-71 percent-is involved in some form of agricultural activity. The majority of the rural population engages in subsistence agriculture, working on small rain-fed farms or are livestock producers. Disasters can severely impact agriculture, thus devastating livelihoods and increasing food insecurity in a country already characterized by low agricultural productivity and reliance on food imports. Natural disasters in Lesotho jeopardize efforts to eliminate extreme poverty and boost shared prosperity Poverty in the country is declining slowly, and as of 2017 remained high, at 49.7 percent (at the national poverty line). Disasters disproportionally impact poor and vulnerable households, pushing them back or further into poverty (Hallegatte and others 2017). According to the World Bank (forthcoming) Poverty Assessment, without the 2015/16 drought, poverty in Lesotho would have decreased twice as fast over the past 15 years. Natural disasters can also impact the macro-fiscal situation of the country. The average annual cost of disaster response is estimated at US
    DOI: 10.1596/33141
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    A Sure Path to Sustainable SolarVers une energie solaire durable : Guide pour le deploiement du solaire; Solar Deployment Guidelines (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: Achieving global goals for access to energy and mitigation of climate change will require a quadrupling of present levels of solar photovoltaic (PV) generation in the developing world by 2025 to reach around 950 gigawatt (GW)1. This represents an investment of more than US
    DOI: 10.1596/33026
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    Georgia Beyond Arrivals : Emerging Opportunities for Georgian Firms in Tourism Value Chains (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Economic and Sector Work Reports
    Abstract: Georgia's current tourism ...
    DOI: 10.1596/33166
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    Uzbek Population Risk and Vulnerability Assessment (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Risk and Vulnerability Assessment
    Abstract: As part of the collaboration between the Government of Uzbekistan and the World Bank in improving the effectiveness of social protection, the Bank conducted a diagnostic study on the main risk's households face and the main strategies adopted to reduce vulnerability and cope with such risks. The main objective of the study is to determine the extent to which social protection is addressing such risks and in which areas gaps remain. This could inform areas of potential further work and collaboration between the Government of Uzbekistan and the World Bank
    DOI: 10.1596/33162
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    Togo : Future Sources of Growth (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: General Economy, Macroeconomics, and Growth Study
    Abstract: The objective of this report is to analyze sources of growth in Togo and required reforms in selected sectors (agriculture, manufacturing, transport and logistics, mining, and tourism) to allow the country to accelerate gross domestic product (GDP) growth, therefore creating a basis to move towards reaching the World Bank Group (WBG) twin goals. A first part of the study will provide a macroeconomic analysis of growth in the country as well as cross- cutting constraints in the business environment. The structural trends of the economy were analyzed, concentrating on the performance of key sectors and the main exports. The analysis then explored transversal constraints to growth which typically include investment and operating regulations, including but not limited to the tax burden. Logistics, access to finance or electricity are some of the other issues covered. A second part of this report covered selected sectors that support growth for an in-depth analysis
    DOI: 10.1596/33185
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    Hypertension and Type-2 Diabetes in Bangladesh : Continuum of Care Assessment and Opportunities for Action (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Health Study
    Abstract: In order to address the large and growing non-communicable disease (NCD) burden, Bangladesh's public health system needs to change and innovate. It needs to transition from a system designed for infectious disease and mother and child health to an integrated care system with focus on primary health care, out-patient and chronic care, as well as community health promotion. This report presents findings from an NCD cascade analysis, using hypertension as a tracer condition as well as type-2 diabetes, in order to determine the continuum of care for chronic NCDs in Bangladesh. The cascade findings are embedded in a review of the country's policy and health care delivery environment for NCDs and a benchmarking assessment against similar economies and regional comparator countries. The report also presents promising practices and models of NCD and chronic care in Bangladesh and elsewhere. Based on the evidence reviewed and analyses conducted, the report provides recommendations for different aspects of NCD policy and programming. These are meant to provide input into the dialogue on how to improve NCD integrated care and outcomes in Bangladesh. The support is provided within the World Bank's assistance to countries to strengthen NCD care through data-driven resource allocation and decision-making
    DOI: 10.1596/33176
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    Aspiring Indonesia-Expanding the Middle Class (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Poverty Study
    Abstract: Indonesia has seen tremendous progress in poverty reduction over the past couple of decades and, as a result, has made a successful transition from low-income to middle-income country status. As millions have moved out of poverty and extreme poverty, we have also witnessed the rise of Indonesia's middle class, which now accounts for 20 percent of the total population, or 52 million Indonesians. This group important for Indonesia's upward trajectory, but it still too small for the ambitions of Indonesia. Expanding the middle class will boost economic growth, strengthen an influential constituency for better governance, and widen and deepen the tax base. An expansion of the middle class, if accompanied by continued growth in the incomes of the poor and vulnerable, will also help to decrease inequality and prevent polarization of the country. One of the key development questions that Indonesia faces is how to expand the middle class. What will be required to bring the 115 million people who are no longer in poverty and vulnerability into the middle class? The future of Indonesia lies partly in the fate of this aspiring middle class, 45 percent of the population, so that they can both share in and help to drive the country's growing prosperity. Government policy can play an instrumental role in expanding the middle class. This can be done by increasing the level and quality of education, and the skills of the population, and making sure there are well-paid jobs waiting for those in the aspiring middle class. It also means ensuring access to social protection to help lift these aspirers into the middle class and keep them there once they arrive, as well as improving the quality of the public services upon which they currently depend. Resolve to expand the middle class will place greater stress on government budgets. The government will need increasingly rely on the middle class, whose income taxes will finance much of the investment that a growing Indonesia will need. This will require a new social contract with the current - and future - middle class so that they will embrace the policies that both benefit themselves while also helping to expand their ranks, rather than closing off opportunities for others, and creating political polarization-as has occurred in some countries in the region in recent years
    DOI: 10.1596/33237
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    Mind the Rural Investment Gap : Disparities in Access to Basic Infrastructure and Directions for Mozambique's Public Investment Program (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Public Investment Review
    Abstract: Against the backdrop of increasing income inequality, this report uses spatial analysis to assesses whether disparities in access to basic infrastructure between Mozambique's lagging and leading regions are growing or declining and whether the public expenditure program is effective in addressing emerging disparities. The report finds that overall, the gap has been growing between rural and urban areas, especially in the rural parts of Mozambique's central and northern provinces - which are the poorest. It also found that Mozambique's public investment program has made limited progress in reducing access disparities, including during the investment boom years. Lower investment levels in underserved areas, combined with spending inefficiencies, contributed to increased gaps in access. The report concludes with recommendations for better targeting of public investments to reach underserved areas
    DOI: 10.1596/33282
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    Report on the Observance of Standards and Codes on Accounting and AuditingShqiperi - Raport mbi Vleresimin e Standardeve dhe Kodeve te Kontabilitetit dhe Auditimit : Albania Update (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Accounting and Auditing Assessment
    Abstract: Albania's remarkable economic transformation has been affected by the global financial crisis. The country's main challenges include maintaining macro-fiscal and financial sector sustainability, improving the investment climate and unleashing private sector growth, removing barriers to employment for job creation, and improving governance and public service delivery. Improving the business climate and addressing gaps in infrastructure and labor force skills are necessary to reap the early benefits of European Union (EU) accession and make Albania attractive for foreign direct investments. This report on the observance of standards and codes in accounting and auditing (ROSCA and A) seeks to assist with the further development of the financial reporting institutional framework in Albania. The report summarizes key findings, identifies gaps, and makes recommendations for consideration by the authorities to improve alignment with international standards and good practice
    DOI: 10.1596/33305
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    West Bank and Gaza : Public Expenditure and Financial Accountability Assessment, 2018 (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Country Financial Accountability Assessment
    Abstract: This Public Expenditure and Financial Accountability (PEFA) assessment is intended to enhance the effectiveness of West Bank and Gaza's (WB and G) PFM systems and to aid the Palestinian Authority to consolidate its ongoing and planned reforms. More specifically, the assessment has undertaken an independent review of the quality and performance of PFM systems in WB and G for the financial years 2015, 2016 and 2017, and of the medium-term budget for 2018-21. In doing so, it provides a diagnostic analysis that can be used as the basis for dialogue on PFM reforms that will inform future updates and design work on the PFM reform strategy and subsequent action plans. Additionally, this work will inform the Monitoring and Evaluation Framework and will enhance the dialogue between the WB and G and its Development Partners and other key stakeholders
    DOI: 10.1596/33420
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    Open Source for Global Public Goods (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: This technical note is intended to contribute to understanding of how to leverage open source software (OSS) for global public goods particularly in resource-constrained environments. The aim is to enable a more deliberate approach to building information systems that can serve as a global public good, rather than reinventing the wheel every time. Despite business processes being largely the same in various country contexts, each new project is typically built from scratch, as if there were no templates, code libraries or models, or lessons learned on which to base new implementations. Implementations in some domains are dominated by a few IT vendors that present significant switching costs and lock-in to governments that are already resource constrained. OSS solutions have the potential to address the challenges mentioned above and facilitate efficiency, robustness, security, and interoperability of information systems. Governments in the digital age are interested to learn how OSS solutions can help build open, robust, interoperable, and secure service delivery platforms. Digital technology is increasingly the way citizens interact with government. From submitting passport applications to paying parking tickets and registering for social assistance, prior in-person interactions are now occurring online. For governments, modern identification (ID) systems allow for more efficient and transparent administration and service delivery, a reduction in fraud and leakage related to transfers and benefits payments, increased security, accurate vital statistics for planning purposes, and greater capacity to respond to disasters and epidemics. Equally important, social protection systems, programs, and policies help buffer individuals from shocks and equip them to improve their livelihoods and create opportunities to build a better life for themselves and their families
    DOI: 10.1596/33401
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    Subnational Debt Management Performance Assessment : Ogun State, Nigeria (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Debt Management Performance Assessment
    Abstract: At the request of the authorities, a World Bank (WB) subnational debt management performance assessment (SN-DeMPA) mission visited Ogun state, Nigeria between April 8 to 12, 2019. The main objective of the mission was to assess, jointly with the authorities, the current debt management performance of Ogun state. To meet this objective, the team worked closely with the debt management department (DMD) and met with other relevant state agencies and departments involved in public debt management. The SN-DeMPA observed several debt management functions that may benefit from improvements to meet the minimum effectiveness in DeM
    DOI: 10.1596/33462
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    Household Over-Indebtedness in Russia (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Debt and Creditworthiness Study
    Abstract: In the last three years, household debt has risen by a third as disposable income declined. Declining interest rates, ease of access to credit for consumers and poorly regulated microfinance lending practices led to fast growth in consumer debt. Consumer lending in the banking and microfinance segments has been growing in double digits in 2017-2018, reaching a total of RUB 14,90 trillion (USD 230,8 million), or 14 percent of the Russian GDP. At the same time, real disposable income has been declining: as of 2018, it is 13 percent below 2014 levels. Accelerated consumer lending has been monitored by the Central Bank of Russia to adjust the supply side of consumer finance, but no in-depth assessment has been made on how this has been affecting households. To provide a demand-side assessment, the World Bank Group in cooperation with the Russian Consumer Protection Service (Rospotrebnadzor) and the International Confederation of Consumer Societies (CONFOP) conducted an over-indebtedness study in 2018-2019. The objective of the study was to take a deeper look at the increasing levels of indebtedness of` individuals in Russia, provide a demand-side view on the issue and assess potential social and economic implications. The results of the study afford a unique perspective on the issue of consumer over-indebtedness in Russia and provide Russian financial-sector regulator and consumer-protection authorities with additional context for reviewing and adjusting their existing policies in the area of consumer protection, responsible lending and related areas. The study was conducted in a form of a survey covering over 4,000 individuals in 16 Russian regions
    DOI: 10.1596/33495
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    Serbia's New Growth Agenda (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Country Economic Memorandum
    Abstract: Serbia is not growing as fast it could. Investment and productivity are low and slow growing; and the continuing large role of the state in the economy makes it difficult for the private sector to accelerate economic growth. Serbia is well-positioned to turn itself into a fast-growing, sophisticated modern economy, driven by its private sector. To succeed, Serbia needs a new strategy, a New Growth Agenda (NGA) to speed up growth, enable catch-up with its peers in Central and Eastern Europe and hasten convergence with the EU
    DOI: 10.1596/33561
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    Vietnam Agriculture Finance Diagnostic Report : Financial Inclusion Support Framework - Vietnam Country Support Program (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Financial Sector Study
    Abstract: Agriculture remains economically and socially important in Vietnam despite agriculture's declining share of gross domestic product (GDP). The share of primary agricultural activity in the GDP has fallen to 13 percent, compared with more than 30 percent two decades ago. The active labor force in agriculture remains as high as 45 percent. Chapter one presents an overview of the agriculture and financial sectors. Chapter two presents an analysis of farmers` financial access and use of financial services. Chapter three discusses key trends in agriculture credit and agriculture insurance markets. Chapter four discusses the key institutions and instruments of public sector support for agriculture finance. Chapter five identifies key challenges that are constraining the growth of agriculture finance, and lastly, chapter six identifies major opportunity areas and makes key recommendations to capitalize on the identified opportunities
    DOI: 10.1596/33630
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    Assessment of the Public Procurement Systems of the Republic of Kazakhstan and the Sovereign Wealth Fund Samruk-Kazyna (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Country Procurement Assessment
    Abstract: This report provides the results of the assessment of the Public Procurement system of the Republic of Kazakhstan using the Methodology for Assessing Procurement Systems (MAPS)1 and its various steps, including the validation process. Kazakhstan has a dual public procurement system, in which there are separate systems for a) the government procurement conducted by the general public administration and b) procurement conducted by Sovereign Wealth Fund Samruk-Kazyna, which accounts for the majority of public procurement spending. This MAPS assessment covers both. Due to the nature of the system, this MAPS assessment has to integrated parts and assessments of a) the government procurement system and b) of Samruk-Kazyna's procurement system. This assessment report identifies key findings, lays out the strengths of the analyzed procurement systems and the remaining challenges, and provides a series of recommendations to address those challenges and allow for future improvement
    DOI: 10.1596/33790
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    Assessing Drought Hazard and Risk : Principles and Implementation Guidance (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Environmental Study
    Abstract: Urban areas in drought-prone regions face serious water shortages affecting its citizens, businesses, and industries. The greater frequency of droughts and more erratic nature of rains in many countries, combined with underlying economic, social, and environmental vulnerabilities, result in increasing impacts to at-risk populations. A first and indispensable step toward adapting to drought is to undertake a drought risk assessment and disclose knowledge that focuses both on specific sectors and users as well on the overall economy. A drought risk assessment is a formal step toward identifying vulnerabilities and taking mitigative and adaptive actions to reduce risk. Drought hazard and risk assessments are often established for the current climate situation; these assessments make use of historical datasets of drought hazards, drought impacts, and information about exposure and vulnerability to drought. This document provides guidelines for assessing drought hazard as well as short- and long-term risks to specific sectors and a country's overall economy. This document consists of two main sections. Chapter one gives introduction. Chapter two presents basis for the drought guidance. Chapter three describes the key principles of drought hazard and risk assessments; chapter four consists of an implementation guideline for drought risk assessment, providing a step-by-step overview of all activities that need to be done in order to carry out a thorough assessment of drought hazard and or risk. Finally, chapter five presents three examples of the application of the guidelines
    DOI: 10.1596/33805
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    Bosnia and Herzegovina Growth and Jobs : Reform Priorities for Promoting Better Private Sector Jobs (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Social Protection Study
    Abstract: Reducing unemployment and inactivity are urgent priorities for Bosnia and Herzegovina (BiH). Limited job opportunities have fueled emigration, especially among the educated, skilled, and youth. Unlocking Bosnia and Herzegovina's economic potential requires rebalancing its growth model and boosting the contribution of the private sector to job creation.This report presents the findings of a multisectoral assessment and consultations with entity governments, civil society, and the private sector. Additionally, the report highlights the existing shortcomings in the monitoring of labor market trends and the evaluation of programs
    DOI: 10.1596/33834
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    Chad Petroleum Sector Diagnostic Report (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Mining, Oil and Gas
    Abstract: This report contains an assessment of the approach that the Republic of Chad has adopted or plans to adopt to enhance the benefits generated by the exploitation of its petroleum resources, and to manage the economic and social impact of such exploitation in a sustainable and equitable manner. Its objective is to inform the extent and prioritization of petroleum sector reforms, which might be the object of technical assistance to be provided by the World Bank and other development partners. The report focuses on the upstream part of the petroleum sector (exploration and production), where the largest fiscal and governance gains can be achieved. The report is necessarily a high-level review of geological potential, laws and regulations, and institutional capacity and organization pertaining to the petroleum sector. As such, it is not a guide on how to secure private sector investment or implement reforms. It was prepared in a short period of time combining desk research and in-country stakeholders' consultation with the accumulated knowledge from several World Bank economic and sector studies and technical assistance operations and reflects the openness of the dialogue with the Government. Its findings are intended as background for discussion with the Authorities with the aim to identify a shared assessment of needs and priorities
    DOI: 10.1596/33898
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    SME Upgrading Program : Exploring Initiatives that Combine Market Linkages and Capability Strengthening (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Papers
    Abstract: This paper examines interventions that seek to address firm-level capabilities and access to markets in an integrated fashion. Examples of such interventions include supplier development programs (linking domestic SMEs in developing countries with large buyers, such as foreign investors that are part of global or regional value chains) and export development efforts (which work with firms beyond purely funding activities to explore and pursue opportunities in foreign markets). These programs aim to assist firms with upgrading, targeted toward the specific market opportunities in the value chains in which they operate or aim to compete
    DOI: 10.1596/33909
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    Policy Note for the Federalism Transition in Nepal (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy Notes
    Abstract: With the adoption of federalism through the 2015 Constitution, seven newly created provincial and 753 local governments are now placed at the frontline, tasked to manage substantial amount of public resources and deliver critical services to citizens. As result, Nepal is now in the middle of the transition to federalism, and it is understandable that the process will be a drawn-out one, which could take decades. This policy note has been prepared based on the findings, analyses and recommendations of the Federalism Capacity Needs Assessment (FCNA) study. The FCNA was conducted by the Georgia State University in 2018-2019 for the government of Nepal (GoN) with the joint support of the World Bank and UNDP. It has identified the gaps between the needs and the capacity in different levels of government. This note provides a synthesis of the FCNA findings as well as its forward-looking recommendations in terms of actions the government could take in the immediate, medium and long-terms towards a full realization of the benefits of federalism implementation in Nepal
    DOI: 10.1596/34153
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    Agriculture, Fisheries, and Food Processing in Croatia's Food and Bio-Economy (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Keywords: Agricultural Sector Economics ; Agriculture ; Climate Change and Agriculture ; Environment ; Fisheries and Aquaculture ; Food Security
    Abstract: Shifting consumer demand and accelerating climate change will further shape the agri-food sector in Croatia in the next decade. Consumers in high value markets in the EU and beyond are shifting their expenditures towards safe, healthy, sustainable, and convenient products. Recent EU market projections further confirm ongoing shifts in consumer demand. Agri-food producers and processors must increasingly differentiate and personalize their product offerings in response to shifting consumer demand and stricter regulations. The modern retail sector has been consolidating to better coordinate supply chains, comply with strict legal and regulatory requirements, and meet diverse consumer demands. Croatia has experienced a 'retail revolution' as food retailing shifts from small shops and grocery stores to supermarkets. Climate change impacts and risk will have a profound impact on the agricultural sector. Extreme weather events in Croatia such as droughts and hail have resulted in losses generated by the agriculture, forestry and fisheries sector. Climate change impacts are expected to appear through a variety of vectors in the fisheries sector. For capture fisheries and marine aquaculture, climate change impacts primarily manifest themselves in rises in sea-levels, increases in sea temperature, acidification, changes in ocean current patterns, and extreme weather events. Leveraging the agri-food sector's multiple functions and cross-sector linkages could be a powerful driver for diversified rural and coastal economies. The linkages between the agri-food and tourism sectors are particularly relevant in the context of Croatia given that the tourism sector contributes significantly to the national economy. Sustainable and circular bio-economies offer numerous diversification opportunities to rural and coastal areas in Croatia. Future policies should aim to accelerate the structural transformation of Croatia's agri-food sector
    DOI: 10.1596/36559
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    Macroeconomic Stability, Fiscal Policy and Taxation : National Development Strategy Croatia 2030 Policy Note (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Keywords: Fiscal and Monetary Policy ; Fiscal Policy ; Macroeconomic Management ; Macroeconomics and Economic Growth ; Public Finance ; Public Sector Development ; Public Sector Management and Reform ; Public Sector Reform ; Taxation and Subsidies
    Abstract: Croatia has made significant economic progress since independence, but the global financial crisis has exposed weaknesses in its economy and growth model. While growth has resumed in 2015, income convergence has been thrown back by the crisis and by the prolonged recession that followed and is currently proceeding only slowly. Low growth potential, deriving from low productivity growth, an ageing society, emigration, and a pace of capital accumulation lower than before the crisis, needs to be boosted for sustainable and reasonably rapid income convergence with the EU28. To this end, the export sector merits particular attention. Integration in global value chains and exposure to international competition would help to strengthen firm-level productivity, investment, and wages. Croatia has the smallest goods export sector among its peers in Central and Eastern Europe (CEE), and while exports of services are strong thanks to a vibrant tourism industry, the potential for productivity improvements there is limited. Fiscal policy will need to remain tight, as high public debt, to a significant extent denominated in foreign currency, needs to be reduced and fiscal space rebuilt. However, there is scope for using expenditure policies, for instance better targeting of social assistance, to increase incentives for labor force participation, which would help counter adverse demographic trends, reduce the need for fiscal transfers and increase the scope for raising public investment, and reduce inequality and poverty. Lastly, the effectiveness and efficiency of public sector service delivery across almost the entire public sector will need to be raised. This will also serve to make Croatia a more attractive destination for investments, which in turn would help boost output, reduce unemployment, and provide more revenue
    DOI: 10.1596/36560
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    Madagascar Digital Economy Assessment (2019)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Financial Sector Study
    Keywords: E-Business ; E-Finance and E-Security ; E-Government ; Finance and Financial Sector Development ; Governance ; Infrastructure Economics ; Infrastructure Economics and Finance ; Private Sector Development
    Abstract: Madagascar is an island nation located in the Indian Ocean off the south-eastern coast of Africa, and the fourth-largest island in the world. Despite the country's extensive economic opportunities and expansive natural resources, real GDP per capita is one of the lowest in the world. This situation can largely be imparted to decades of political instability and recurring crises, which have severely thwarted development efforts. The time is opportune to leverage the potential of digital technology to support a responsive government and promote a vibrant digital economy. Digital transformation has been described as the fourth industrial revolution, and if harnessed strategically, it can help reduce inequalities, and promote economic growth and high value job creation. It can also improve access to public services and to information, thereby strengthening government accountability and trust in the State. Much remains to be done in Madagascar. Madagascar has already made remarkable progress in the digital economy. Preparation of this diagnostic involved desk research on the areas comprising the five digital economy pillars, as well as several in-country missions during which members of a core research team conducted broad consultations with counterparts, government, the private sector, and user representatives
    DOI: 10.1596/37448
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    South Sudan Economic Brief : Apr-19 (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Agriculture ; Conflict ; Equity and Development ; Food Security ; Inflation ; Macroeconomics and Economic Growth ; Poverty Reduction
    Abstract: The economy is estimated to have contracted by 3.5 percent during FY2017-2018, but a modest recovery is projected for FY2018-2019. Coupled with economic mismanagement, many years of conflict have eroded the productive capacity of South Sudan. Conflict persists across the country despite the peace agreement and is the major driver of the economic collapse. Oil production is expected to be the major driver of growth in the short and medium term. South Sudan remains in debt distress and the external position is weak, with depleted reserves estimated at less than one week of import cover. If the peace agreement is respected by all parties and conflict does not recur, the economy is projected to grow by 1.8 percent during FY2018-2019. However, a less positive outlook could emerge if the peace agreement falters, with growth barely reaching 0.3 percent in the absence of progress in the non-oil sectors
    DOI: 10.1596/37509
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    Gender Equality, Infrastructure and PPPs : A Primer (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Infrastructure Study
    Keywords: Gender ; Infrastructure ; Infrastructure Economics ; Infrastructure Economics and Finance ; Women-Owned Businesses
    Abstract: For all of our age's technological advances, service innovations, and instant connectivity, gender inequality stubbornly remains a defining characteristic of the structure of our economies and the opportunities for our citizens. This is especially true in many corners of the developing world, where women trail men in health and educational outcomes, access to jobs and assets, and their ability to voice their opinions and exercise agency over their lives. Urban transit systems that are mapped against job locations for women, designed to provide security, and operated to remove uncertainty of arrival times, are essential to balancing labor opportunities for female workers. In the various infrastructure sectors, the authors are pleased to report that best-practice examples have been mounting. Yet, for infrastructure-development professionals, particularly those focused on crowding in private financing and operations and preparing public-private partnerships (PPPs), knowing where to start integrating gender equality concerns into our work can be daunting. However daunting, the incorporation of gender considerations is uniquely important for PPPs, where private-service providers become the main interface with consumers. This report consolidates and draws from a wide spectrum of examples that cut across sectors to demonstrate how infrastructure, its development, and the policies and regulations governing its construction and operation, can play a role in closing gaps between women and men. It pinpoints approaches for ensuring that projects not only do no harm, but also serve as vehicles for empowerment, providing practical guidance that can be systematically integrated into PPP projects and frameworks. The primer points out that best practices at the intersection of gender equality and infrastructure PPPs are still evolving
    DOI: 10.1596/37835
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    Bhutan Urban Policy Notes : Urban Resilience (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy Notes
    Abstract: This paper is part of a series of four Urban Policy Notes that identify emergent challenges to Bhutan's increasing urbanization and its ramifications for growth, livability, and sustainability in line with the directives of the Twelfth Five-Year Plan (FYP) for 2018-23 and the Vision 2020. The four notes are: (i) Regional Development, (ii) Municipal Governance and Finance, (iii) Affordable Housing, and (iv) Urban Resilience. These notes build on the long engagement between the Royal Government of Bhutan (RGoB) and the World Bank on urban issues as well as the operations under the Bhutan Urban Development Project First (1999-2006) and Second (2010-19). This note specifically draws from the ongoing support to build a safe, sustainable, and climate-resilient Bhutan through the Hydromet Services and Disaster Resilience Regional Project, preparation of Bhutan's Strategic Program for Climate Resilience Project, Improving Seismic Resilience Project, and related technical assistance. It is intended to support the RGoB on key and emerging topics relevant in the context of increasing urbanization and vulnerability to weather, water, and climate hazards, and to guide the Bank's future analytical and investment support on urban- and resilience-related challenges
    DOI: 10.1596/31814
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    Country Forest Note : Vietnam (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Environmental Study
    Abstract: This Country Forest Note (CFN) provides an upstream analysis of the status of forests and of investments and policies relevant to the forest sector in Vietnam. It looks at forests in a programmatic and cross-sectoral manner to strategically position the World Bank Group (WBG) to support the country in delivering on forest smart interventions. More specifically, it outlines current trends and challenges in the forest and land use sectors; builds on the ongoing dialogue and reviews past investments; identifies major challenges and investment and policy gaps; and makes recommendations on key policy changes and sectoral investments needed. The forest sector contributes significantly to the country's economy. The export of wood and timber products amounted to USD 8 billion in 2017, nearly 4 percent of gross domestic product (GDP). Vietnam is also one of the world's leading countries in operationalizing a payment for forest environmental services (PFES) system. In addition, the forest provides a myriad of goods and services that support local livelihoods and the economy as a whole. Given the topography of the country, forests play a particularly critical role in watershed and coastal protection. Despite great economic progress and decreasing deforestation rates, the forest sector faces challenges from competing land uses, overexploitation of resources, mounting risks of supply shortages, and insufficient capacity for forest governance and management. As a result, deforestation and forest degradation rates continue in parts of the country, such as the Central Highlands, and the overall quality of the natural forest continues its downward trend. While two-thirds of Vietnam's natural forests are deemed in poor condition or regenerating, rich and closed-canopy forest constitutes only five percent of the total. There is also the growing threat from climate change, in particular to the country's mangroves. This report presents some of the major trends and challenges facing forests in Vietnam and highlights recommendations to meet its forest-related national targets, sustain its economic growth, and alleviate poverty. The CFN highlights key areas where Vietnam could benefit from further support from the WBG and other partners, based on their comparative advantages and ongoing partnership
    DOI: 10.1596/32550
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    Bhutan Policy Notes : Attracting Foreign Direct Investment (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy Notes
    Abstract: In recent years, Bhutan has been revising its policy and increasing its efforts to attract FDI inflows. The existing policy regime governing FDI inflows is spelt out in the 2010 FDI Policy (amended in 2014). Despite the policy there are several reasons why Bhutan is not getting significant FDI inflows
    DOI: 10.1596/32292
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    Tanzania Economic Update, December 2019 : Transforming Agriculture - Realizing the Potential of Agriculture for Inclusive Growth and Poverty Reduction (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: Tanzania was again one of the top growth performers in the region. Official GDP figures show that growth remained steady in the first half of the year, driven by higher public investment and by a recovery in exports. Inflation has been low and stable, and the balance of payments is quite sound despite a widening current account deficit. Exports are recovering from last year's contraction. The Government's Tanzania Development Vision 2025 and the Five-Year Development Plan (FYDP II) set out ambitious goals for reducing poverty and sustainably industrializing so that the country can achieve middle-income status by 2025. The government recognizes agriculture as central to realizing its objectives of socioeconomic development, which are well-articulated in the Second Agriculture Sector Development Program (ASDP II). Among the goals of ASDP II are to transform agriculture by promoting commercialization, prioritizing high-potential commodity value chains, and mobilizing capital by giving the formal private sector a growing role in agriculture. Because agriculture and related value chains drive two-thirds of all jobs-three-quarters for the poor- the sector is central to creating more and better jobs at scale and significantly reducing poverty
    DOI: 10.1596/32791
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    Insurance that Works : What Drives Insurance Sector Development in Kenya, What are Some Opportunities Ahead? (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Financial Sector Study
    Abstract: The study examines a range of data sets to develop the analytical basis for the review, conclusions and recommendations. Insurance development is driven by a large range of factors, some of which can be better observed than others. Data is important but understanding what it means is also important. Benchmarking results, including cross country analysis and other research to understand the meaning of calculated values is one element that is under-represented in industry analysis17. Demand and potential demand for insurance are also considered considering the nature and level of risk being faced as the basis for the examination of insurance markets effectively assuming individuals and entities should and will take out insurance if they were offered it against these risks18. Other dimensions examine perceptions of risk, insurance as a solution, and then other barriers to access that may limit the extent that a risk that can be insured coverts into a risk that is insured. In this section, we approach both a range of potential risks and their trends along with data about clients. Through the report, elements of the regulatory and supervisory arrangements are addressed as they are relevant. For those that are not specifically raised in these sections, a further section covers the remaining review of regulatory arrangements as needed. The diagnostic review has also been conducted through an extensive set of fact-finding stakeholder meetings to gather input, validate and supplement the data-based analysis
    DOI: 10.1596/33177
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    Tanzania Economic Update, January 2019 : The Power of Investing in Girls (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: Economic performance in 2018 has been mixed. The data that are available suggest some areas of softening in the economy.1 Foreign direct investment declined to 2 percent of GDP in 2017, down from about 5 percent in 2014. The current account deficit has increased to 3.8 percent of GDP in the year ending September 2018, from 2.2 in the preceding 12 months. Recent Bank of Tanzania data confirm lower cashew exports and 2017 decline in non-traditional exports has continued into 2018, which raises concerns on prospects for longer term growth. The Tanzania Revenue Authority is reporting that many large tax payers are unable to meet their tax obligations on time. Nonperforming loans have declined recently to 9.7 percent in September 2018 from 12.5 percent in September 2017, but remain almost double the 5 percent statutory threshold. Banks have limited lending to businesses and interest rates are high (18 percent for one-year loans in August 2018), though some banks have lowered benchmark lending rates. On a positive note, credit to the private sector has been edging up, reaching 4.9 percent in the 12 months ending September 2018. The fiscal deficit is still low, not counting payment arrears and delayed refunds of value-added tax. The 2017/18 budget deficit after grants of 1.3 percent of GDP suggests effective spending management but does not factor in payment arrears, with an estimated stock of over 3 percent of GDP. Government is paying down roughly TZS 1 trillion of verified arrears per fiscal year. The low deficit is the result of controlled recurrent expenditures and under execution of the development budget by more than 40 percent. Contributing factors include shortfalls in domestic revenue and external financing for large projects. Public debt is currently sustainable, but there is need for the Government to consider cost-effective financing options and manage associated risks to support public investments. The 2018/19 budget targets public investment to consume 45 percent of total spending, equivalent to 9.1 percent of GDP compared to 5.5 a year prior
    DOI: 10.1596/31242
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    Country Partnership Framework for the Kingdom of Morocco for the Period of FY19-FY24 (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Country Partnership Frameworks
    Abstract: This Country Partnership Framework (CPF) for Morocco for the period FY2019-24 has the overarching goal of contributing to social cohesion by improving the conditions for growth and job creation and reducing social and territorial disparities. Prepared collaboratively by IBRD, IFC and MIGA, the CPF translates the recommendations of the SCD and the Country Private Sector Diagnostic (CPSD) into an integrated World Bank Group (WBG) engagement. The CPF is aligned with the objectives of the Government's Program and Medium-Term Strategy 2017-21. It is also consistent with the third phase (2019-23) of the Government's National Initiative for Human Development (INDH), which focuses on strengthening human capital through improved education, healthcare and social protection, and on enhancing youth economic inclusion. Opportunities for youth are at the center of the CPF.The CPF responds to Morocco's ambition to successfully navigate this crucial point in its history. To achieve its objective of contributing to social cohesion and reducing social and territorial disparities, this CPF pursues three strategic focus areas: (A) Promoting Job Creation by the Private Sector; (B) Strengthening Human Capital; and (C) Promoting Inclusive and Resilient Territorial Development. Governance and Citizen Engagement are the foundational principles of the CPF, and Gender and Digital Technology are cross-cutting themes.Strong country ownership and demand are important determinants of the specific activities included in the CPF program. The first three years of the program have been defined jointly with the Government. The program supports the shift to a new development model, based on a scenario of deep and sustained structural reforms to increase productivity gains with special attention to innovation, market contestability and unleashing private sector potential.Under this scenario, Morocco would be able to maintain a relatively high rate of economic growth and economic convergence with more developed countries while preserving macroeconomic stability. The other two possible scenarios: voluntary growth-oriented policies without productivity-enhancing reforms or the pursuit of current macroeconomic and structural policies would respectively lead to large macroeconomic imbalances or a disappointing growth performance
    DOI: 10.1596/31318
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    Burkina Faso : Joint Bank-Fund Debt Sustainability Analysis 2018 Update (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Debt and Creditworthiness Study
    Abstract: This joint World Bank/IMF Debt Sustainability Analysis (DSA) has been prepared in the context of the 2018 Article IV consultation and first review of the three-year program supported by the IMF's Extended Credit Facility (ECF). It is based on end-2017 debt data and the latest methodology underpinning the LIC DSF, which triggered an improvement in debt indicator thresholds. External risk of debt distress in Burkina Faso remains moderate. All external debt indicators remain below the relevant indicative thresholds under the baseline scenario. In line with the Staff Report, the baseline scenario is anchored on an overall fiscal deficit of 3 percent of GDP from 2019. In a customized scenario meant to illustrate fiscal and external risks, two thresholds are breached. The overall public debt does not breach the relevant benchmark in the baseline and Burkina Faso is assessed as having a moderate risk of public debt distress, as the external debt risk rating is moderate. Burkina Faso would need to: (i) maintain a sound macro-fiscal framework; (ii) implement structural reforms to diversify its export base; and (iii) limit non-concessional borrowing to prevent a deterioration of its debt sustainability outlook
    DOI: 10.1596/31300
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    Climate Auctions : A Market-Based Approach to National Climate Action (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy Notes
    Abstract: With the Paris Agreement and most of its detailed rulebook now finalized, countries and subnational actors face the challenge of translating climate targets and strategies into action and determining how to finance these actions. Through the Pilot Auction Facility for Methane and Climate Change Mitigation (PAF), the World Bank developed an innovative financial mechanism - climate auctions - which stimulates private investment in projects that reduce greenhouse gas emissions. Climate auctions offer price guarantees to companies that can deliver eligible climate results in the future. These price guarantees are allocated through a transparent, efficient auctioning process, which maximizes the climate impact of scarce public funds. In the near-term, countries can utilize climate auctions to spur significant investments in low-carbon activities and mobilize finance at the scale and pace necessary to achieve their national climate targets, laying the groundwork for longer-term carbon pricing and greater climate ambition. This policy brief is intended to inform policymakers and public funders about why climate auctions are an effective tool for achieving climate outcomes, focusing on how policymakers can utilize auctions to accelerate NDC implementation and raise climate ambition. It also outlines how climate auctions work and where they are most effective. The policy brief was produced by staff of the World Bank with external contributions from the Rocky Mountain Institute
    DOI: 10.1596/31322
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    PEFA, Public Financial Management, and Good Governance (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Country Financial Accountability Assessment
    Abstract: The research is based on the PEFA framework and methodology for assessing public financial management performance and the data set that is generated from the PEFA assessments. The research quantified PEFA scores and aggregated them into overall scores which required developing assumptions on weighting scores, measures, and assessments. The research acknowledges methodological limitations of using the PEFA data set, including the assumptions. In general, the research follows the approach taken by previous researchers who have used PEFA data for quantitative analysis, but this does not eliminate the challenges that persist in transforming grades to numerical values and aggregating them. The time inconsistency issues and the limited number of observations also influenced the regression analysis using the PEFA data set. The team acknowledges that the PEFA data set was not designed for statistical analysis and that using it in quantitative regressions presents a series of econometric issues that cannot be fully resolved in this book, or in other papers which apply a similar approach. The research report builds on general recognition that PFM is important for development and recognizes that there is limited evidence based on the nontechnical determinants of PFM performance, as well as the outcomes of a good PFM system. The report therefore aims to bridge some of this gap between theory and practice using data on PFM performance from PEFA assessments. The report undertakes a closer examination of the key debates on what constitutes a good PFM system by providing an overview of the PEFA framework, and the data set that is generated through PEFA assessments, including its strengths and weaknesses. This was done to enable the research team to undertake quantitative analysis of the relationship between PFM performance and other governance indicators and outcomes
    DOI: 10.1596/31347
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    Kazakhstan Reversing Productivity Stagnation : Country Economic Memorandum (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Country Economic Memorandum
    Abstract: After experiencing exceptional economic growth in the 2000s, Kazakhstan's economy has slowed sharply since the global financial crisis, putting development achievements at risk. The economic slowdown has been caused by sharply lower commodity prices, and structural degradation of the economy. Kazakhstan's productivity growth has steadily fallen over the past two decades. Falling within-sector productivity improvements are the driving force behind Kazakhstan's productivity slowdown. The private sector is significantly constrained and does not exhibit many important features of healthy private sectors worldwide. Empirical evidence suggests that business entry rates are relatively low in Kazakhstan, even controlling for the structure of economy. The evidence shows that new (and small) firms are more productive than older (and larger) firms. The corrosive patterns must be corrected to revive productivity, which is essential for higher economic growth - since higher investment cannot substitute for productivity growth in the long run. The first policy imperative is to level the playing field for all firms - well-connected or otherwise. The second policy is to strengthen the rule of law and to deal more aggressively and comprehensively with corruption. Third, the governments will need to introduce structural changes in the economy to boost private investment and reduce a disproportionately large role of the state in the economy
    DOI: 10.1596/31348
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    Ethiopia Gender Diagnostic Report : Priorities for Promoting Equity (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Country Gender Assessment
    Abstract: Ethiopia has experienced remarkable economic success in recent years. In the past decade, its average annual growth rate far exceeded the regional average, at slightly over 10 percent relative to a regional 5 percent. Despite significant economic growth, however, women continue to face significant barriers in the workforce. The unmet potential of women in the workforce is intrinsically linked to a lack of opportunities for women in education, health, and human rights. This report presents evidence on the mechanisms underlying gender gaps in the Ethiopian workforce. Using data from the 2011-2016 Ethiopia socioeconomic surveys, this report provides a detailed understanding of the constraints faced by female farmers, entrepreneurs, and employees. To that end, the diagnostic makes four key contributions: first, this report provides an overview of the labor force in Ethiopia and identifies the factors that predict whether, how much, and in what sector an individual works. Second, this report uses Oaxaca-blinder decompositions to measure and account for gender gaps in economic outcomes in agriculture, self-employment, and wage labor. Third, this report identifies the links between labor market skills, social norms, and gender gaps in the Ethiopian workforce. Fourth it provides policy makers with a menu of innovative programming examples
    DOI: 10.1596/31420
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    Early Access to Pension Savings : International Experience and Lessons Learnt (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: The objectives of a well-designed pension system are poverty reduction in old age and income smoothing throughout an individuals' lifetime. Over the last thirty years, changing demographic trends have caused a shift from 'pay as you go' and occupational defined benefit (DB) schemes - where the obligation for paying for retirement income is with the state and employers - to defined contribution (DC) schemes, where the obligation to save for retirement rests more with individuals. The transition to DC schemes did help establish a strong link between contributions during working life and benefits during retirement, for individuals. However, an increasing challenge has been balancing genuine needs for some pre-retirement liquidity, access to savings and providing adequate income post retirement for individuals. The need to get this balancing act right is being felt increasingly as coverage of national social security systems is expanded to include more of the non-salaried workforce which often has lower levels of income, more periods of unemployment and more irregular earnings. This note surveys recent literature and country experiences to understand if and how countries address the need for pre-retirement liquidity in both mandatory and voluntary DC schemes. The note also uses simple modelling to illustrate the impact of allowing access to pension savings on income adequacy after retirement. The report concludes with recommendations based on emerging best practice
    DOI: 10.1596/31356
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    Nepal Energy Infrastructure Sector Assessment (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Infrastructure Study
    Abstract: The purpose of this report is to identify how to maximize finance available to Nepal in the electricity sector. This report identifies financing needs and constraints for the energy sector in the short to medium term and outlines a road map for overcoming these constraints and seizing opportunities to gradually achieve a sectoral transformation. The report forms part of the World Bank Group's Infrastructure Sector Assessment Program (INFRA-SAP)
    DOI: 10.1596/31509
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    Nigeria Biannual Economic Update, April 2019 : Water Supply, Sanitation and Hygiene - A Wake-up Call (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: Nigeria's emergence from recession remains slow: real GDP grew by 1.9 percent in 2018. While this was above the 0.8 percent growth of 2017, it was below the population growth rate, government projections and pre-recession levels. The oil and gas sector reverted to contraction from the second quarter of the year and the non-oil economy was thus the main driver of growth in 2018. While agriculture slowed down significantly due to conflict and weather events, whose effects were not counteracted by direct interventions by the Central Bank of Nigeria (CBN), non-oil, non-agricultural growth, which remained negative up to the third quarter of 2017 strengthened through 2018 - but remained weak - with services (primarily ICT) resuming as the key driver. As the oil sector is not labor-intensive, and the non-oil economy was still relatively weak, nearly a quarter of the work force was unemployed in 2018; and another 20 percent under-employed. With 3.9 million net entrants into the labor force (now 90.5 million people) during 2018 (up to September) (4.5 percent growth), but virtually no growth in the stock of jobs, unemployment rose by 2.7 percentage points since end-2017, and more than doubled compared to the pre-recession levels (9.9 percent in Q3 of 2015)
    DOI: 10.1596/31514
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    Children Learning to Code : Essential for 21st Century Human Capital (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Education Study
    Abstract: This book explores the premise that coding is an essential 21st century skill required for all. Learning of coding does not merely mean learn the syntax, grammar and usage of a specific computer language like Python or Ruby, but the deeper concept of computational thinking. It is possible to learn aspects of computational thinking without learning coding, but coding is essential to acquire a sound understanding and knowledge of computational thinking. The book is intended to be helpful to policy makers at the Federal and Regional level who are concerned about the need for the Russian Education system to be responsive to the demands that will be faced by children growing up today into a networked, connected world of ever-increasing digitization and online and offline collaboration. The book will also be helpful to teachers and parents and other adults who are interested in understanding more about the subject of preparing children for the 21st century from both theoretical and practical perspectives. It is also useful to explain what this book is not, even though it refers to a substantive body of rich and growing academic work on the subject, it is not intended to be an academic work that would contribute new knowledge. Most of this academic work does not appear in headlines or social media feeds of non-specialists, but quite a bit of the work is very interesting and relevant. This book has tried to translate some of this knowledge in understandable terms to policy makers and practitioners, without oversimplifying complex realities. An extensive set of references including website urls will allow the interested reader to delve deeper into any of the topics
    DOI: 10.1596/31528
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    Building Financial Management Capacity in Fragile and Confliict-Affected States : The Case of Liberia (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Country Financial Accountability Assessment
    Abstract: This paper examines Liberia's financial management (FM) capacity building initiatives from the immediate aftermath of the 14-year civil war to date, and the lessons that could be drawn from such experiences for future efforts in the country and others faced with similar circumstances. The paper focuses on the merits and shortcomings of both donor supported and country-led initiatives that had FM skills development as a central theme
    DOI: 10.1596/31570
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    Gulf Economic Monitor, Issue 4 : Building the Foundations for Economic Sustainability (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: The economies of the GCC recovered in 2018 despite signs of weakness in the global economic outlook, reinforcing the perception that GCC economies' fortunes are still inextricably tied to oil. Global growth slowed in 2018, as trade tensions be-tween the U.S. and China escalated, and goods trade slowed markedly. However, the steady increase in oil prices until October 2018 lifted growth in the GCC economies, from an average of -0.2 percent in 2017 to 2.0 percent in 2018. Two of the region's largest economies Saudi Arabia and Kuwait, as well as Oman, emerged from recession in 2018. Growth outturns were driven by higher oil production in the second half of 2018, higher capital investment made possible due to the rise in oil revenues, and higher domestic demand. Fiscal and external balances improved, also tracking oil sector performance. GCC countries' fiscal balances improved in 2018, aided by the average increase in oil prices and progress with non-oil revenue mobilization in some countries. This allowed most countries to reduce fiscal deficits while actually increasing spending in some cases. Saudi Arabia, for example was able to halve its overall fiscal deficit in 2018 while simultaneously increasing total spending by 10.8 percent. Other countries also demonstrated procyclicality in fiscal policy, as spending increased across the GCC. Saudi Arabia and the UAE implemented a 5 percent VAT in early 2018, and Bahrain followed in early 2019. Oman introduced excise taxes on tobacco products, energy drinks and soft drinks in mid-2018 and increased corporate income tax
    DOI: 10.1596/31653
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    Cambodia Economic Update, May 2019 : Recent Economic Developments and Outlook (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: Preliminary estimates show real growth achieved a four-year high of 7.5 percent in 2018, compared to 7.0 percent in 2017. Driven primarily by rapid expansion of exports and robust internal demand, the economy performed better-than expected. Exports burgeoned as external demand, especially in the United States and European Union markets, strengthened. Garment and footwear exports which account for more than two-thirds of total merchandise exports, recorded a five-year high,rising by 17.6 percent in 2018, up from 8.3 percent in 2017. Upbeat consumer confidence led to a surge in imports. Motor vehicles and steel imports, which gauge domestic consumption and construction demands, rose by 50 percent and 48 percent, respectively. The current account deficit widened to 10.4 percent of GDP in 2018, from 9.7 percent of GDP in 2017, but remained fully financed by foreign direct investment (FDI). FDI is estimated to have reached a record high of more than 3.0 billion US dollars or 13.4 percent of GDP in 2018. Burgeoning exports and strong FDI inflows have contributed to further accumulation of gross international reserves, which in 2018 reached 10.1 billion US dollars or about six months of prospective imports
    DOI: 10.1596/31641
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    Enhancing China's Regulatory Framework for Eco-Industrial Parks : Comparative Analysis of Chinese and International Green Standards (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: China has impressed the world with its rapid economic growth over the past four decades, during which time it has increased its real income per capita by more than 25 times. However, the attendant environmental costs have also been significant, jeopardizing economic and social gains from growth. To move toward sustainable development and reduce the environmental impact of further economic growth, the Chinese government has started to prioritize green development and the building of an ecological civilization. China's 13th Five-Year Plan (2016-2020) has upgraded the building of the ecological civilization to the level of national strategy - a policy target of top priority.According to the Ministry of Ecology and Environment (MEE), industrial parks (IPs) are the key source of industrial production and all new industrial projects are required to be operated within industrial parks (Zhang 2018). The growing concentration of industrial activities within IPs suggests that an increasing proportion of industrial pollution will be produced in IPs. Thus, promoting green development of IPs will be vital for the achievement of China's and the world's sustainable development goals.Effective management of IPs toward green development requires a well-functioning regulatory framework to provide standards, requirements, guidelines, and robust monitoring and evaluation (MandE) frameworks. Although China does not have a specific IP management law, a comprehensive regulatory framework is in place, covering different legislative levels including (from top to bottom in terms of their importance) laws, regulations, national policies, and standards and indicators. This regulatory framework covers multiple aspects of IP management, including requirements concerning the economic and environmental performances of IPs.This report conducts a comparative analysis between the Chinese green standards and the EIP Framework across all four dimensions-park management and economic, social, and environmental performance- to identify differences and share policy recommendations for further improvements of the Chinese standards
    DOI: 10.1596/31572
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    Trends and Linkages in Schooling and Work Among Cambodian Youth : A Synthetic Panel Analysis (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Education Study
    Abstract: During the decades following the Khmer Rouge regime of the 1970's and Vietnamese occupation in the 80's, the Cambodian government focused on rebuilding what had been destroyed during that time. There was a renewed focus on the education sector: the 90's and 2000's saw large-scale reconstruction of schools and policies which increased access to schooling. Reports estimating schooling outcomes have found corresponding increases in schooling enrollment. To add to existing literature we analyze 11 years of nationally-representative cross-sectional data in a new way: using a cohort panel approach developed by Deaton in his 1985 paper (Deaton 1985). We construct a panel of 19 cohorts spanning birth years 1980 to 1998 and estimate their life cycle trajectories as these cohorts aged from youth into early adulthood. This approach allows us to control for contemporaneous time effects and trace out the smoothed cohort and age trends in schooling and work outcomes. We answer the question "For a given age, have schooling and work outcomes improved or declined with more recent versus older cohorts? Are there differences in improvement or decline when comparing males versus females, rural versus urban youth?" Using the variation in experiences across cohorts, we are additionally able provide evidence on how early youth experiences translate to outcomes later in life
    DOI: 10.1596/31680
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    Kosovo Country Report : Findings from the Skills towards Employment and Productivity Survey (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Education Study
    Abstract: This report provides new empirical insights into skill levels in Kosovo, based on two recent surveys. The Skills Towards Employment and Productivity (STEP) initiative of the World Bank has developed household-level and firm-based surveys to provide policy-relevant information on skills from both the supply and demand side. Household-level surveys measure the supply and use of skills in the adult urban population in a comprehensive way, including cognitive and socio-emotional skills that affect work-place readiness and effectiveness. Firm-level (employer) surveys focus on identifying the cognitive and socio-emotional job-related skills that employers seek, skills that are difficult to find, and linkages between firms and education systems
    DOI: 10.1596/31720
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    Poland : Development of Capital Markets and Pension Funds (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Financial Sector Assessment Program
    Abstract: Poland's capital markets can play a crucial supporting role to the ongoing economic development and efficient allocation of credit. Capital markets will become increasingly important to meet the long-term funding needs of strategic sectors, including large, medium and small entities. Expansion and diversification of capital market instruments and hedging tools will also be essential to provide adequate investment and risk management vehicles to much needed long-term savings. While capital market offers different sources of financing, this note focuses primarily on the fixed income markets. This technical note is structured as follows. Section II covers each of the main market segments, including money markets, government and non-government bond markets and derivatives markets. Section III provides an examination of the investor base, the current participation of the different investor segments in the bond markets, and recommendations to reach broader and more effective investor diversification. The Section IV is focusing on the critical reform of the Employee Capital Plan (PPK), as one critical group of institutional investors
    DOI: 10.1596/31708
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    Timor-Leste Economic Report, April 2019 : Moving Beyond Uncertainty (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: The Timor-Leste Economic Report provides an up-to-date assessment of key economic developments, presents the World Bank's forecasts and outlook for Timor-Leste and provides an in-depth examination of selected policy issues relevant to Timor-Leste. The TLER is intended for a wide audience, including policymakers, business leaders, and the community of analysts and professionals engaged in Timor-Leste's evolving economy
    DOI: 10.1596/31706
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    Disruptive Technologies in the Credit Information Sharing Industry : Developments and Implications (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: This note analyzes the evolution of Credit Information Systems, including the emergence of new technologies that use alternative data in credit decisioning and the opportunities and risks associated with these trends. This paper also predicts the potential development effect of these disruptive technologies and proposes a role for the World Bank Group in leveraging these technologies to promote inclusion and stability
    DOI: 10.1596/31714
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    How to Design the Vietnam Labor Code to Improve Gender Equality (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Social Protection Study
    Abstract: Vietnam is in the process of updating its Labor Code of 2012. This advisory note is designed to inform a dialog on opportunities for how the 2012 Labor Code can be adjusted to balance the playing field between men and women so that they have equal access to and equal benefits from the labor market. It does so with to objective to support the gender assessment of new laws as stipulated by the Vietnam Promulgation of Laws of 2015. The advisory note draws on analysis carried out by the task team and under the World Bank's Vietnam Jobs Diagnostic. This advisory note is follow-up to a workshop hosted by the Social Affairs Committee of the Vietnam National Assembly and The World Bank on January 11, 2019, for members of the Social Affairs Committee and other National Assembly representatives. After the workshop the Committee and Social Affairs Department of the National Assembly asked for a write up of the recommendation made at the workshop. The recommendations and the workshop were carried out as part of the Vietnam Women's Economic Empowerment Project under the Australia-World Bank Group Strategic Partnership Program 2 (ABP2). The project is supporting the Government of Vietnam on its efforts to ensure that gender is addressed in legislation, including for example, the Labor Code
    DOI: 10.1596/31771
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    Gabon Public Expenditure Review : Improving Spending Quality to Foster Inclusive Growth (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Public Expenditure Review
    Abstract: The analysis presented in this Public Expenditure Review (PER) is designed to support the efforts of the government of Gabon (GOG) to enhance public expenditure efficiency and improve the quality of public goods and services. The report reviews public expenditure data over an 8-year period, examines trends in the composition and efficiency of spending, and assesses whether spending patterns are consistent with Gabon's development objectives. The report includes in-depth analyses of public investment and the public wage bill, the two largest budget categories. It also reviews the composition and evolution of non-oil revenue which could play a key role in closing the fiscal deficit. Finally, the report reviews education, social protection, and public health expenditures which are crucial for socioeconomic development and poverty reduction
    DOI: 10.1596/31785
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    Credit Reporting Knowledge Guide 2019 (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Financial Sector Study
    Abstract: Access to finance is an essential component of economic development and job creation. A host of studies have shown a positive correlation between financial development and economic growth. Access to finance is also critical for larger corporations and conglomerates, which, given their size, performance, and assets, typically meet funding requirements through capital markets and other sources. Credit reporting systems are less relevant for these businesses, as lenders to these large entities rely on a variety of other sources of information when making credit-related decisions. This Guide focuses therefore more on the credit needs of individuals and of the micro, small, and medium businesses that stand to benefit most from the development of credit reporting systems. The report is arranged as follows: Chapter 1 introduces key concepts in credit reporting; Chapter 2 introduces the different types of credit reporting service providers (CRSPs) that collect information on borrowers' credit histories from creditors and available public sources; Chapter 3 covers the evolution of the credit reporting industry to today, including key trends now emerging and external trends affecting its development; Chapter 4 outlines the legal and regulatory framework options for credit reporting systems; Chapter 5 summarizes the World Bank Group's fifteen plus years of experience in developing credit bureaus and credit registries around the world; Chapter 6 presents an overview of the value-added services typically offered by established credit bureaus through the repurposing of algorithms and data and the products and services offered by commercial credit reporting companies; and Chapter 7 rounds out the theoretical discussions and practical guidelines with nine case studies of recent developments in credit reporting spanning the globe
    DOI: 10.1596/31806
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    Myanmar's Urbanization : Creating Opportunities for All (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Urban Study
    Abstract: Urbanization in Myanmar is still in an early phase with slightly less than one-third of the population living in cities. This presents an enormous opportunity for the country. Cities are engines of growth and prosperity, which facilitate industries to grow jobs, services and innovations. Cities are also fundamental to lifting people out of poverty through increased employment opportunities and incomes to citizens. No country has reached middle income status without urbanizing. That being said, the way that cities urbanize is important to growth, poverty and livability. If adequate investments are not made in basic infrastructure and services, urban planning, and in ensuring a governance and financing structure that can deliver for residents, cities instead can end up with major problems of congestion, pollution, sprawl, and inequality which can create or worsen social divisions, and potentially contribute to crime and violence. The report, Myanmar's Urbanization: Creating Opportunities for All aims to understand urbanization in Myanmar drawing on the growing literature on the topic in Myanmar, especially for Yangon. It uses an inclusive urbanization lens and proposes a set of priority policy areas for urgent attention that will help to ensure the benefits of urbanization are widely realized given the projected growth of cities. An inclusion lens is particularly important in Myanmar as the country transitions from a complex history that has been characterized by decades of economic and political isolation, conflict, and underdevelopment. Inclusive urbanization is reliant on three keydimensions; economic, social and spatial. Economic inclusion refers to equitable access to employment and income-generating activities in a city, and resilience to shocks. Spatial inclusion refers to equitable and affordable access to land, housing, infrastructure and basic public services. Social inclusion relates to individual and group rights, equity, security and dignity. Such aspects of social inclusion and exclusion are relevant to groups who are often marginalized inday-to-day urban life
    DOI: 10.1596/31824
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    Firm Productivity and Economic Growth in Turkey (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Country Economic Memorandum
    Abstract: Turkey's pace of income convergence has globally been one of the most remarkable of the past fifteen years. Sustaining growth and improvements in living standards in Turkey will require higher productivity in the economy. The Turkey Productivity Report (2019) provides an in-depth analysis of firm productivity in Turkey and how this adds up to economic growth in the country. The report has six parts. The first two provide macro and micro diagnosis of productivity in the economy - what are the productivity trends, how have these affected economic growth, what firms in what industry are the most productive, and are they absorbing an increasing or decreasing share of resources? From here the report analyzes specific policy areas that might explain firm productivity dynamics in Turkey - namely firms' integration in the global economy, access to innovation support, the quality of human capital, and the business environment including competition. The report finds that economic integration and innovation have boosted firm-level productivity, though reforms could further accelerate these positive impacts. Productivity gains could accelerate the demand for more educated and skilled workers. The growth of more productive firms could in turn also be accelerated through reforms that increase competition and reduce regulatory burden
    DOI: 10.1596/31931
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    Russia Economic Report, No. 41, June 2019 : Modest Growth - Focus on Informality (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: Real GDP growth in Russia surpassed expectations in 2018, reaching 2.3 percent, mostly due to one off effects of energy construction. Forecasted growth of 1.2 percent in 2019 and 1.8 percent in 2020 and 2021 reflects a more modest outlook. Russia's macro-fiscal buffers remain strong, with fiscal surpluses across all tiers of government and low public-debt levels. When compared to advanced economies, Russia spends less on health and education. Rebalancing in favor of these categories could improve the overall efficiency of public spending. Short-term inflationary risks have abated, with the Bank of Russia signaling a return to a neutral policy rate. Lending activity is recovering, but the banking sector remains afflicted with high concentration and state dominance. Having eased slightly, the poverty rate remains in double digits with many households close to the poverty line and lacking formal employment. Informal employment is rising in the face of close-to-zero net job creation by medium-sized and large formal enterprises. Key risks to medium-term growth include the expansion of economic sanctions, renewed financial turmoil in EMDEs, a dramatic drop in oil prices, and souring of the global trade environment. The recent double-digit expansion in household credit may also pose a risk to financial stability in the case of a deterioration in the macroeconomic environment
    DOI: 10.1596/31933
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    Myanmar Economic Monitor, June 2019 : Building Reform Momentum (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: Myanmar's economy is slowly picking up speed and regaining stability after a volatile 2018. Despite a challenging global environment, Myanmar's economic growth is expected to rise to 6.5 percent in 2018/19 from 6.4 percent in the Transition Period1 supported by strong performance in the manufacturing and services sectors. Volatility that buffeted the economy in 2018 has started to ease. Inflation moderated, the kyat stabilized, and fuel prices fell in Q1 2018/19, though there have been some reversals in prices in Q2. The economic outlook looks positive, with growth expected to reach 6.7 percent in the medium-term. The recent decisions to ease trade restrictions; open the financial sector to greater foreign competition; and begin mega infrastructure projects signal a decisive and awaited uptick in reform momentum. Downside risks to the economic outlook are driven by external factors, including possible revocation of preferential trade access under the European Union Generalized System of Preferences. Slowing global and regional growth, especially in China, together with renewed escalation of global trade tensions, could also slow exports and the flow of inbound foreign investments. Insecurity in border areas, the Rakhine crisis, with violence and forced displacement of refugees, and the recent flare-up in violence involving the Arakan Army, could affect investors' sentiment. The 2020 general election is also a source of uncertainty
    DOI: 10.1596/31934
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    Ecuador : Overview of Tobacco Use, Tobacco Control Legislation, and Taxation (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Health Study
    Abstract: The country brief provides and overview of Tobacco Use, Tobacco Control Legislation, and Taxation in Ecuador. Ecuador has a strong tobacco control policy. A comprehensive tobacco control law was adopted and implemented. In 2017, Ecuador was awarded the World No Tobacco Day Prize of the World Health Organization (WHO) for its tobacco control efforts and implementation of the WHO Framework Convention on Tobacco Control (FCTC). Such policy was very beneficial to public health: according to the National Institute of Statistics and Censuses (INEC), the prevalence of daily smoking among people aged 15 years and older was 9.5 percent in 1998, and in 2014 it reached 2.8 percent. Estimated annual cigarette consumption in Ecuador declined from about three billion cigarettes in 2007-2010 to about one billion cigarettes in 2017. The pricing policy of the tobacco industry also contributed to the reduction in cigarette affordability and cigarette sales in Ecuador. However, due to such pricing policy, the tobacco industry apparently increased its profits despite the sharp decline in cigarette sales in the country. These recommendations could bring both public health and fiscal benefits to Ecuador : specific excise rate for cigarettes should be annually increased by at least 20 percent to ensure the reduction in tobacco affordability and the increase in the excise revenues, tobacco use surveillance and monitoring should be further developed in Ecuador, including a regular collection of information on smoking prevalence, tobacco consumption, licit and illicit cigarette sales, prices, and other economic indicators, and effective policies to counteract tobacco smuggling and other kinds of illicit tobacco sales should be implemented in line with the provisions of the FCTC Protocol to Eliminate Illicit Trade in Tobacco Products
    DOI: 10.1596/31961
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    Costa Rica : Overview of Tobacco Use, Tobacco Control Legislation, and Taxation (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Health Study
    Abstract: This brief provides an overview of tobacco control legislation, use, and taxation in the country. Costa Rica ratified the WHO Framework Convention on Tobacco Control in 2008. General Law for the Control of Tobacco and its Harmful Effects on Health was adopted in March 2012, and it regulates smoke-free places; tobacco advertising, promotion, and sponsorship, as well as tobacco packaging and labeling in line with FCTC guidelines. This law also sets several norms on tobacco taxation, and it substantially increased the tax burden for cigarettes. In 2012, cigarette prices in Costa Rica increased by 49 percent, and in 2013, the tobacco excise revenue increased by 96 percent. Tobacco taxation and other tobacco control policies in Costa Rica were very successful in terms of public health. The prevalence of smoking both among adults and adolescents declined, and after 2012, the rates of decline increased. In 2015, only 5.8 percent of the adult population smoked daily. In 2018, cigarette production in the country was closed. The tobacco industry claimed that the closure had been caused by increased cigarette smuggling. However, there are no independent estimates of illicit cigarette share on the market, while the tobacco industry used to exaggerate the volumes of smuggled cigarettes. The difference in cigarette prices between Costa Rica and neighboring countries is rather small and is unable to encourage large smuggling. Thus, the observed illicit cigarette sales are likely caused by the factors, which are not related directly to tobacco taxation
    DOI: 10.1596/31964
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    Malaysia Economic Monitor, June 2019 : Re-energizing the Public Service (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: The Malaysia Economic Monitor (MEM) consists of two parts. Part 1 presents a review of recent economic developments and a macroeconomic outlook. Part 2 focuses on a selected special topic that is key to Malaysia's medium-term development prospects and the achievement of shared prosperity. In this edition, the focus of the special topic is on re-energizing the public service to better enable it to facilitate Malaysia's future development
    DOI: 10.1596/31968
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    Disparate Outcomes : A Multisectoral Nutrition Assessment and Gap Analysis of Vietnam's Ethnic Minority Populations (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Health Study
    Abstract: On average, Vietnam has achieved remarkable improvements in nutritional status in recent decades, but improvements in national aggregates mask wide disparities and a persistent 'very high' burden among disadvantaged ethnic minority groups. Between 2000 and 2010, national stunting rates dropped from 36.5 percent to 24.2 percent. The decrease from 2010 to 2015 was not as great, but when the 2015 data are disaggregated according to ethnic group, the Kinh majority has a prevalence of 17.7 percent, whereas the prevalence in other ethnic groups is 32.0 percent. This pattern repeats itself for the prevalence of underweight (a significant drop nationally from 33.8 percent in 2000 to 14.1 percent in 2015 but a 9.7 percent prevalence in the Kinh ethnic group in 2015 versus 21.9 percent in other ethnic groups) and wasting (a decrease from 8.6 percent to 5.6 percent in national prevalence from 2000 to 2015 but a 9.1 percent prevalence for Kinh versus 5.5 percent for other ethnic groups (WB Assessment 2012). The gap between the ethnic majority and minority has persisted despite the multiple government programs aimed at reducing it. As the economy has evolved from predominantly agriculture to a mix of agriculture and technology, the requirements of the workforce have changed as well. Manual labor is still necessary but no longer enough. The need is for intelligent, highly educated and skilled workers. All of these attributes are the product of a healthy, well-nourished population. Deficiencies in nutrition and health, lower levels of education, lack of language skills in the national language, and inability to migrate to jobs in urban centers of ethnic minorities have further hindered their ability to narrow the gap in nutrition and economic well-being
    DOI: 10.1596/32011
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    Developing Gender-Disaggregated Poverty Small Area Estimates : Technical Report (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Poverty Study
    Abstract: Small area estimates of poverty and inequality statistics, through survey-to-census imputation that lets consumption be estimated for each and every household in a census, are useful for at least three reasons. First, they can help improve the effectiveness of public spending, by targeting to prevent the leakage of benefits to the non-poor (and prevent the under-coverage of the poor). If poor people are concentrated in certain areas, spatial targeting by directing extra development projects and public services to those areas, may be more feasible than trying to individually target the poor. Geographic targeting is highly relevant in countries like Timor Leste, where mountainous topography contributes to high levels of heterogeneity. In similar environments, such as Papua New Guinea, the enclave nature of some modern economic development has created high levels of spatial inequality. The basic details are that household survey data are used to estimate a model of consumption, with explanatory variables restricted to those that have overlapping distributions from a census. The coefficients from this model are then combined with the variables from the census, and consumption is predicted for each household in the census. With these predictions available for all households, inequality and poverty statistics can be estimated for small geographic areas (Elbers et al, 2003).2 In the results below, the poverty statistics that are calculated by using the predicted consumption data for each census household are reported at the suco level (n=442). For the headcount poverty rate, the standard errors at the suco level (relative to the poverty index) average one-quarter and so this is a comparable degree of precision to what the survey offered at the municipality level (n=13) for a variable like the poverty severity index
    DOI: 10.1596/32018
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    Guinea-Bissau Public Expenditure Review : Managing Public Finance for Development (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Public Expenditure Review
    Abstract: Guinea-Bissau is a small state in West Africa with a population of around 1.8 million. It is rich in natural resources (fisheries, forestry and agriculture) and biodiversity. Economic activity is, however, dominated by the production and sale of unprocessed cashew, which is also the main source of income for more than two thirds of households. Guinea-Bissau is host to a large variety of ethnic groups, languages and religions, with communal and ethnic-based violence remaining low. The country has a history of political and institutional fragility dating back to its independence from Portugal in 1973. Since independence, four successful coups have been recorded, with another 16 coups attempted, plotted, or alleged. Political fragility has been manifesting itself in frequent government turnover. Political instability has been responsible for large drops in output and government expenditure. After almost three years of political gridlock, a new consensus government came to power in April 2018. In sum, Guinea-Bissau has been caught in a vicious cycle of poor governance, fragmented elites, weak public sector capacity, and a poorly diversified economy. The objective of the Guinea-Bissau Public Expenditure Review (PER) is to analyze government expenditure, fiscal revenue, and public financial management in selected sectors (education, health, and security). The PER is a follow-up to the World Bank's (2017) Public Expenditure Analysis that provided an overall review of public finances in Guinea-Bissau (see Annex I). It contains a wide range of analyses, with some chapters examining public spending trends and outcomes, while others are more process oriented and place a strong emphasis on PFM systems, at macro- and micro-levels. The education and health chapters go beyond the confines of traditional World Bank PERs-namely the efficiency, effectiveness, and equity of spending. Both of these chapters also review the PFM systems in the respective line ministries with a view to identifying options for reform. Further, the PER analyzes the fiscal implications of continuing to spend over 15 percent of the budget on the security sector and nearly 9 percent of GDP on wage and nonwage compensation
    DOI: 10.1596/31225
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    Managing Risks for a Safer Built Environment in Kenya : Building Regulatory Capacity Assessment (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Urban Study
    Abstract: Kenya is an emerging middle income country with a growing share of its population living in urban areas. The country is at a relatively early stage of urbanisation, with around 27 percent of Kenyans living in urban areas, yet projections suggest that by 2050, about half the population will be living in cities. The Nairobi Metropolitan Region in particular will see rapid growth. Nairobi is expected to become a city of more than 6 million people by 2030, up from its currently estimated 4 million. This urbanisation has the potential to improve economic opportunities and living conditions for all Kenyans. However, there are also several challenges associated with this shift and concentration of population. With urbanisation comes a substantial amount of new construction, much of which has occurred in cities with limited capacity to ensure the structures in which people live, work and gather are safely sited and built to withstand both chronic stresses (i.e. fire and spontaneous collapse) and disaster shocks (i.e. earthquakes and floods). Informality, low density development and urban sprawl are common characteristics across Kenya's urban areas. Approximately 61 percent of Kenya's urban population are living in informal settlements. Kenya is exposed to a wide range of hazards, particularly droughts and floods, but also landslides, earthquakes, volcanic eruptions and wildfires. Kenya is also highly vulnerable to recurrent and chronic risks. Its major cities witnessed 26 reported cases of major building collapse since 1996. Furthermore, Kenya is ranked as the 27th most prone country to fire-related deaths in the world. The city of Nairobi recorded 244 fires in 2017 in its informal settlements, claiming the lives of 32 people. In many ways, Kenya is at a crossroads in its efforts of urbanising and developing towards middle income status. Regulatory decisions made now will have a significant impact on the long-term safety, productivity and resilience of the urban built environment
    DOI: 10.1596/31325
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    Cambodia : Joint Bank-Fund Debt Sustainability Analysis 2018 Update (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Debt and Creditworthiness Study
    Abstract: The Debt Sustainability Analysis (DSA) using the revised joint IMF/WB Debt Sustainability Framework for Low Income Countries (LIC-DSF) shows that Cambodia remains at low risk of external debt distress. All debt burden indicators are projected to remain under their indicative thresholds under the baseline and the shock scenarios. While the overall risk of debt distress is low, the analysis indicates that debt sustainability is vulnerable to export and growth shocks, and the materialization of contingent liabilities. Furthermore, the public and publicly guaranteed (PPG) debt-to-GDP ratio is projected to rise by more than 10 percentage points during the next decade due to projected large fiscal deficits in the medium term. These findings reinforce the importance of implementing reforms to increase the economy's resilience to external shocks and encourage export and economic diversification. Efforts to mobilize fiscal revenue, to strengthen the Public Investment Management framework (including for PPPs) and further enhance monitoring of PPP and financial sector risks, as well as introduction of a debtbased fiscal anchor, are necessary to ensure debt sustainability in the medium term
    DOI: 10.1596/31299
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    Country Partnership Framework for the Republic of Armenia for the Period FY19-FY23 (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Country Partnership Frameworks
    Abstract: The country partnership framework (CPF) for FY19-FY23 outlines a program of support to the Government of Armenia's vision for a just, inclusive, and citizen-centric Armenia. The World Bank Group (WBG) strategy will capitalize on the new momentum for deeper reforms and commitment to good governance brought about by recent political changes in Armenia to support a rebalancing of the economy toward a new growth model. The CPF presents to focus on: (i) boosting export enablers and firm competitiveness; (ii) enhancing human capital and equity; and (iii) sustainably managing environmental and natural resources. The CPF will seek opportunities under each focus area to incorporate key elements of good governance and inclusion: public accountability and transparency, citizen engagement, gender equity, spatial equity, and digital connectivity. The CPF focus areas were informed by extensive stakeholder consultations with the government, development partners, the private sector, and civil society; by the development challenges and opportunities highlighted in the government program and the WBG's systematic country diagnostic (SCD) for Armenia
    DOI: 10.1596/31444
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    Profiting from Parity : Unlocking the Potential of Women's Business in Africa (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Women in Development and Gender Study
    Abstract: Sub-Saharan Africa has the highest rate of entrepreneurship in the world, with approximately 42 percent of the non-agricultural labor force classified as self-employed or employers. Yet most entrepreneurs are unable to grow their businesses beyond small-scale subsistence operations, impeding their contribution to poverty reduction and shared prosperity. This is particularly so for women. This new report, "Profiting from Parity: Unlocking the Potential of Women's Businesses in Africa", produced by the World Bank Group's Africa Gender Innovation Lab and the Finance, Competitiveness and Innovation Global Practice, seeks to focus attention on the challenges that Africa's women entrepreneurs face and identify practical solutions. The report draws on new, high-quality, household and firm level data to present the clearest evidence to date about the barriers to growth and profitability faced by women entrepreneurs. It goes beyond looking at contextual, endowment and household restrictions in isolation, and, through deep-dive analysis, uncovers new evidence on how social norms, networks and household-level decision making contribute to business performance. It analyzes how they are linked to each other and to women's strategic business decisions. The report offers policy makers evidence based guidance on designing programs to target multiple obstacles and improve the performance of women entrepreneurs
    DOI: 10.1596/31421
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    Western Balkans Regular Economic Report No. 15, Spring 2019 : Reform Momentum Needed (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: The Western Balkans econo ...
    DOI: 10.1596/31506
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    Investigating Nutrition-Sensitive WASH : Nurturing the 'Early Years' of Life with Water, Sanitation, and Hygiene--Evidence and Policy Levers for Bangladesh (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Health Study
    Abstract: Bangladesh made a number of laudable development achievements in the early millennium but can and should do more to improve human capital and the wellbeing of its population. Coupled with impressive achievements in poverty reduction and economic growth are meeting many of the Millennium Development Goals (MDGs)-such as reaching nearly universal access to primary education, gender parity in primary and secondary education, ensuring food security, lowering infant, child, and maternal mortality rates, improving immunization coverage, and increasing access to improved water sources. Nurturing a child's early years can help nations boost human capital to become more diverse, competitive economies. Improving early childhood development requires multi-sectoral action. Advancements in early childhood development will not be possible without improvements in water, sanitation, and hygiene (WASH). This report will discuss several analyses that demonstrate the importance of WASH in nurturing the early years. The report begins with an examination of progress in achieving human development outcomes, many of which are specifically used to measure early childhood development and human capital. The next section will present a poverty risk model used to measure differences in WASH-related disease burden among wealth groups and populations with and without access to basic water and sanitation services. The third section discusses WASH deprivations in community health centers that reduce quality of care, and the fourth section measures the unique environmental exposures from inadequate WASH faced by slum dwellers, an often neglected yet high-risk population for poor health and undernutrition. The proceeding four sections then present original econometric analyses linking various components of WASH to childhood stunting, early childhood skills, infant mortality, and school enrollment. The final section concludes and provides recommendations on how Bangladesh's WASH sector can prioritize the early years in future investments
    DOI: 10.1596/31617
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    Pakistan Development Update, June 2019 : Weathering the Storm - Restoring Macroeconomic Stability (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: Pakistan is facing yet another balance of payment crisis. Authorities have taken some corrective measures and negotiated a 39-month stabilization program with the International Monetary Fund (IMF). Nonetheless, inflationary pressures increased during FY19. Current account deficit narrowed as imports declined, however, exports performance remained weak. Despite the adjustment measures fiscal pressure persist due to high debt servicing and defense expenditures. Debt level is in breach of Fiscal Responsibility and Debt Limitation Act (FRDLA). The growth is projected to decelerate further in FY20, as the government tightens fiscal and monetary policy. This report highlights the importance of tackling the structural challenges which are hampering growth and investments. The report emphasizes that the failure to address these structural challenges, in parallel to addressing the macroeconomic imbalances, just means that the next crisis is another 4 to 5 years away
    DOI: 10.1596/32301
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    Bhutan Policy Note : Harnessing Spatial Opportunities in Agriculture for Economic Transformation (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy Notes
    Abstract: Home to over 735,000 people, the Kingdom of Bhutan has achieved rapid economic growth and poverty reduction, despite the constraints of being a small, landlocked, and mountainous country. Its neighbors, China to the north and India to the south, are in contrast the two most populous countries in the world. Bhutan's land area is only 1 percent of India's and 0.5 percent of China's. Even surrounded by much larger economies, Bhutan has seen its economy expand rapidly in recent years, largely through hydropower exports to India and construction. The country halved its poverty rate to 12 percent between 2007 and 2012, and by 2017 it had achieved a further reduction, to 8.2 percent (NSB and World Bank 2017). National policy remains centered on diversifying export-led growth beyond hydropower exports to India and on making Bhutan's economic growth more inclusive of all citizens. The agriculture sector, one of the five jewels in the Bhutanese economy, can play a key role in sustaining growth, reducing poverty, creating jobs, and expanding shared prosperity. Bhutan's dense and virtually untouched forests, abundant water resources, and diversity of wild species are exceptional natural endowments, and correspondingly, environmental conservation is the cornerstone of Bhutan's development approach (World Bank 2014). This Policy Note reviews Bhutan's recent agricultural transformation from a spatial perspective and suggests measures to make further progress. The discussion focuses on crop-level drivers of productivity and spatial patterns of agricultural production in relation to markets, especially in relation to opportunities for expanding market potential to support the national development goals of the Royal Government of Bhutan (RGoB). The government has set targets in a number of policy areas where agriculture plays a critical role
    DOI: 10.1596/31530
    URL: Deutschlandweit zugänglich
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