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  • Online Resource  (1,487)
  • 2015-2019  (1,487)
  • World Bank Group  (1,484)
  • Pande, Rohini P.
  • Washington, D.C : The World Bank  (1,484)
  • Washington, D.C : World Bank  (3)
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  • Online Resource  (1,487)
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  • 1
    Online Resource
    Online Resource
    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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  • 2
    Online Resource
    Online Resource
    Madagascar Digital Economy Assessment (2019)
    Washington, D.C : The World Bank
    Details
    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
    URL: lizenzpflichtig
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  • 3
    Online Resource
    Online Resource
    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
    URL: lizenzpflichtig
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  • 4
    Online Resource
    Online Resource
    Tunisia Infrastructure Diagnostic (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Infrastructure Study
    Abstract: Tunisia's has made significant investments in infrastructure, which has contributed to economic growth. The investments have enabled reasonably good access to basic infrastructure services. While access rates are high, the relative quality of Tunisia's infrastructure has deteriorated significantly over the last ten years. State-owned enterprises (SOEs), which dominate the infrastructure sector, receive considerable subsidies and incur notable financial losses. Overall, there is a heavy reliance on external borrowing to fund infrastructure investment, which creates contingent liabilities, and enhances foreign exchange and macro-economic risk. Chapter one provides an overview of Tunisia's infrastructure performance; chapter two discusses each sub-sector in more detail in terms of achievements and challenges; chapter three looks at historical trends in spending followed by a scenario analysis of investment needs with anecdotal examples, and discusses the present macro-economic and fiscal constraints; and chapter four presents possible action items for further discussion with the Tunisian government
    DOI: 10.1596/35116
    URL: Deutschlandweit zugänglich
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  • 5
    Online Resource
    Online Resource
    Poverty and Distributional Analysis of Electricity Poverty and Protection of Vulnerable Customers in Kosovo (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: The objective of the report is to inform the preparation of a Government Program for establishing the status of customers in need, the scope of their rights, and protection measures to help them meet demands for electricity in case of electricity tariff increases. The report analyzes patterns of electricity consumption, affordability, poverty and distributional impacts of hypothetical scenarios of tariff increases. It also reviews the current protection mechanism with an electricity subsidy, models the impact of short- and medium-term reform options, and recommends concrete mitigation measures. In accordance with Law No. 05/L-085 on Electricity of 2016, the Government of Kosovo should develop a detailed Program for establishing the status of customers in need, the scope of their rights, and protection measures to help them meet demands for electricity. Electricity accounts for almost 90 percent of the total energy expenditures of households in Kosovo, and over 97 percent of the energy expenditures of poor households.1 According to the Law on Electricity2, the Ministry of Labor and Social Welfare (MLSW) in cooperation with the Ministry of Energy, Ministry of Finance and in consultation with the Energy Regulatory Office (ERO) and other stakeholders of the electricity sector should develop a social protection program (Program), providing social benefits to ensure the necessary electricity supply to customers in need, or providing for support for energy efficiency improvements, to address energy poverty. Such measures shall not impede the effective opening of the electricity market and its functioning. Customers in need are household consumers, who, due to social status, enjoy some special rights regarding the supply with electricity, to be provided in exceptional cases. Commitment to the development of this Program is taken also with Kosovo's Energy Strategy, and with the requirements of the Treaty of Energy Community as defined by the Third Energy Package3. The Program should propose an approach to identifying the electricity poor who are vulnerable and outline short- and medium-term measures for their protection
    DOI: 10.1596/35265
    URL: Deutschlandweit zugänglich
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    MPI Ethno. Forsch.
  • 6
    Online Resource
    Online Resource
    More, Better or Different? : Investing in Paraguay's Roads (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Infrastructure Study
    Abstract: Paraguay is a middle-income, landlocked country with a population of about seven million. The nation is highly dependent on its transport and logistics infrastructure to connect to regional markets and international seaports. In road quality and connectivity, on the other hand, Paraguay trails its neighbors and other middle-income countries. According to the Global Competitiveness Indices, Paraguay is in the bottom third of indexed countries for road connectivity and quality. The government has attempted to address perceptions on quality and connectivity through higher budget allocations for the road sector. The higher road sector budget has been directed to expansion and preservation of the paved roads since 2012 and has, on the whole, allocated sufficient funds for their maintenance as estimated by this Public Expenditure Review (PER). Despite this there has been a slight decline in the overall quality of the network due to over and under funding of roads geographically and by functional classification. This PER is structured as follows: Chapter 2 provides some background on the Paraguayan economy, the country's road network (primary, secondary, and tertiary) features and analysis, and an overview of the government institutions responsible for the network; Chapter 3 describes how Paraguay budgets and manages its road sector, what the funding sources are, and how efficiently the expenditures are being spent; Chapter 4 assesses Paraguay's goals for its road sector, the effectiveness of its budget execution and sustainability of its funding, and its sector monitoring practices; and Chapter 5 concludes with the main findings and recommendations
    DOI: 10.1596/35462
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  • 7
    Online Resource
    Online Resource
    Enabling the Business of Agriculture 2019 (2019)
    Washington, D.C : The World Bank
    Details
    ISBN: 9781464813887
    Language: English
    Pages: 1 Online-Ressource (140 pages)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als
    Abstract: Enabling the Business of Agriculture 2019 presents indicators that measure the laws, regulations and bureaucratic processes that affect farmers in 101 countries. The study covers eight thematic areas: supplying seed, registering fertilizer, securing water, registering machinery, sustaining livestock, protecting plant health, trading food and accessing finance. The report highlights global best performers and countries that made the most significant regulatory improvements in support of farmers
    DOI: 10.1596/978-1-4648-1387-0
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  • 8
    Online Resource
    Online Resource
    Bhutan Development Report, January 2019 : A Path to Inclusive and Sustainable Development (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: Bhutan has a strong track record of reducing poverty and boosting shared prosperity, primarilysupported by the state, which has played a large role in the country's development accomplishments.Growth has been driven mainly by the public sector through hydropower development. Statedominance is also reflected in the existence of a large number of state-owned enterprises (SOEs).However, the dependence on hydropower has resulted in a weak private sector and also createdmacroeconomic vulnerabilities. The high import content of hydropower construction widened theexternal imbalance and increased indebtedness. In addition, tax collection at 14 percent of grossdomestic product (GDP) in 2017/18 is low by international standards. The government has taken important steps to develop the nascent private sector through investments in infrastructure and improvements in the investment climate. It has also invested heavily in education and health. Despite these laudable investments, available jobs remain vacant, while educated youthremain unemployed. While hydropower will remain dominant in the foreseeable future, Bhutan'sdemographic transition requires more concerted efforts to develop the private sector
    DOI: 10.1596/31236
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  • 9
    Online Resource
    Online Resource
    Papua New Guinea Economic Update, January 2019 : Slower Growth, Better Prospects (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 PNG economy has become increasingly concentrated in petroleum-and-gas-related activities since 2014, raising its vulnerability to external shocks, including commodity-price shocks and natural disasters. In recent months, however, the authorities have taken decisive action to promote greater diversification of the economy. Ongoing reforms to strengthen the monetary and exchange rate policy and framework are expected to improve business confidence and increase private investment and growth in the non-resource economy. Measures include addressing the FX shortage, managing the liquidity effects of the use of FX to clear the FX orders backlog, working on greater exchange rate flexibility, considering options for strengthening the interest-rate transmission mechanism, and enhancing modeling capacity in the Bank of Papua New Guinea (BPNG). In this context, the government and the BPNG will need to ensure regular, transparent, and consistent communication with all stakeholders to minimize the risk of confusion and market disruption. Papua New Guinea's medium-term economic outlook is relatively sanguine, underpinned by further large-scale resource projects. Real GDP growth is forecast to rebound to about 5 percent in 2019, primarily driven by a return to full annual production in the extractive sector. In the years after, growth is estimated to ease to its current potential of 3-4 percent a year, until planned investments in LNG and mining projects kick inches Future large-scale investment in the resource sector appears likely, with plans to double LNG production and develop new gold, copper, and silver reserves. With increased FX inflows into the economy, the current pressure on the exchange rate may reverse, adversely affecting the competitiveness of the non-resource economy. To facilitate broad-based, inclusive, and sustainable development, the government will need to focus more on investing in human capital and strengthening the business environment to spur private sector development, as elaborated in the World Bank's Systematic Country Diagnostic and summarized in the special focus section of this report
    DOI: 10.1596/31245
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  • 10
    Online Resource
    Online Resource
    Lao PDR Economic Monitor, January 2019 : Macroeconomic Stability Amidst 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: Although decelerating from 6.9 percent the previous year, economic growth in 2018 is estimated to remain robust at 6.5 percent. The slowdown in growth in 2018 has been partly due to a combination of the following domestic factors : (i) the severe floods that hit the country during July - September 2018, which adversely affected agricultural production and damaged infrastructure in several provinces; (ii) the weak performance of the mining sector despite higher commodity prices; and (iii) continued fiscal consolidation, which contributed to slower credit growth. These downside factors offset the gains from the industry sector driven by the expansion of construction activities and electricity exports, coupled with robust growth in wholesale and retail trade. There is evidence of increasing job creation between 2010 and 2017. According to the 2017 Labor Force Survey, wage jobs are estimated to have gradually increased since 2010. This has resulted in 28 percent of households situated mostly in urban areas reporting an increase in income. As a result, ownership of consumption goods among the more affluent households increased faster than in poorer, mainly rural, households. Therefore, while poverty is still expected to decline modestly, inequality is likely to have increased. The government intends to remain on the path of fiscal consolidation, with the deficit estimated to decrease to 4.7 percent of GDP in 2018 from 5.3 percent in 2017, owing to some improvement in revenue collection and expenditure restraint. Improved revenue performance has been primarily driven by higher excise revenues due to increasing oil imports coupled with a higher price of oil. Other drivers include an increase in income taxes, dividend earnings, and other non-tax revenues. Strengthened revenue administration, such as the use of electronic tax payment platforms, has also supported revenue mobilization for certain tax types. Public outlays have been rationalized through tighter control of the public wage bill and downward adjustment of non-wage current spending. These measures offset higher interest payments and the increase in capital spending financed by external loans. Fiscal consolidation is estimated to have slowed the accumulation of public debt in 2018, though not enough to reverse the rising debt-GDP ratio, which is estimated to increase from 60.1 to 60.6 percent of GDP between 2017 and 2018
    DOI: 10.1596/31243
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  • 11
    Online Resource
    Online Resource
    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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  • 12
    Online Resource
    Online Resource
    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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  • 13
    Online Resource
    Online Resource
    Zambia Climate-Smart Agriculture Investment Plan : Analyses to Support the Climate-Smart Development of Zambia's Agriculture Sector (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: Zambia's agricultural sector represents the backbone of its rural economy and holds great potential for the entire country. Zambia's agriculture sector faces challenges and is likely to grow more vulnerable as a result of climate change and risk. At the same time, land use, land-use change and forestry (LULUCF), and agriculture sector account for approximately 93 percent of the country's carbon footprint. The Government of the Republic of Zambia (GoZ) is integrating climate change concerns into its agriculture policy agenda. Under its Zambia climate-smart agriculture (CSA) strategy framework, the GoZ is promoting the rollout of CSA practices that will sustainably increase productivity, enhance resilience, and reduce or remove greenhouse gas (GHG) emissions. The CSA investment plan (CSAIP) aims to identify and fill knowledge gaps about CSA's local- and national-level benefits, specifically under climate change, inform policy development, and prioritize investment opportunities. The World Bank collaborated with the GoZ to develop a CSAIP intended to support the operationalization of the country's climate commitments toward development of a productive, resilient, and low-emission agriculture sector. The CSAIP development began with a participatory process that identified the agriculture sector's policy goals. This report takes the next step by assessing the impacts of a suite of CSA practices on achieving the sector goals and on household welfare. The report concludes with recommendations and proposals for future CSA investments
    DOI: 10.1596/31383
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  • 14
    Online Resource
    Online Resource
    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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  • 15
    Online Resource
    Online Resource
    Armenia Country Economic Update, Winter 2019 : A Strong Mandate for Change Amid a Global Slowdown (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: Following an initial spike in early 2018, Armenia's economic performance slowed during the rest of the year, but still estimated to have above 5 percent growth for the year. Inflationary pressures remained low, while the external balances deteriorated. The overperformance of the fiscal accounts reflected strong revenue collection, sound control over current spending, and underperformance of capital expenditure. The outlook, however, is more conservative
    DOI: 10.1596/31422
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  • 16
    Online Resource
    Online Resource
    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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  • 17
    Online Resource
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    Financial Inclusion Beyond Payments : Policy Considerations for Digital Savings (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 report discusses key policy issues that enable and constrain digital savings market development and offers policy considerations within the context of the G20's High-Level Principles for Digital Financial Inclusion. Based on current market observations, three policy considerations seem most important for facilitating digital savings account deployments: Enable banking institutions to pursue digital savings partnerships with nonbank entities. Support the development of interoperability between banks and nonbank e-money issuers. Harmonize customer due diligence standards for emoney wallets and low-risk bank deposits
    DOI: 10.1596/31577
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  • 18
    Online Resource
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    Gender-Based Violence : An Analysis of the Implications for the Nigeria for Women Project (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Social Analysis
    Abstract: Gender-based violence, or GBV, is one of the most oppressive forms of gender inequality, posing a fundamental barrier to the equal participation of women and men in social, economic, and political spheres. GBV includes intimate partner violence, non-partner sexual assault, female genital mutilation, sexual exploitation and abuse, child abuse, female infanticide, and child marriage. Such violence impedes gender equality and the achievement of a range of development outcomes. In Nigeria, like in other jurisdictions, GBV remains a challenge that significantly constrains women's autonomy and opportunities. Conflict in Nigeria's North East geopolitical zone has further contributed to a steep rise in violence targeted against women and children by Boko Haram. This report uses the social ecological model as the basis to analyze prevalent GBV risks in Nigeria. It first describes the legislative and policy level frameworks associated with violence against women and girls as well as their implementation at the national and subnational levels. It then provides a detailed analysis of specific social norms that have created acceptance for or at least a lack of condemnation of GBV at the community level. Finally, based on field research, it delves deeper into some of the interpersonal and individual drivers of various forms of GBV in the selected communities
    DOI: 10.1596/31573
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  • 19
    Online Resource
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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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    Mauritius : Earnings Mobility and Inequality of Opportunity in the Labor Market (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: This report sheds light on the extent to which earnings mobility and inequality of opportunity in access to the labor market have contributed to the increase in earnings inequality in Mauritius. Among the most important concerns about rising inequality is a situation where people become trapped in low-paying jobs and do not have the opportunity to improve their welfare through their own efforts. For this reason, this report takes a closer look at the extent and nature of earnings mobility and inequality of opportunity in the Mauritian labor market
    DOI: 10.1596/31624
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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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    Tanzania 2019 Country Environmental Analysis : Environmental Trends and Threats, and Pathways to Improved Sustainability (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Country Environmental Analysis
    Abstract: Tanzania's wealth per capita has declined because its rapid population growth has outpaced investment. This decline in wealth is almost entirely accounted for by its '*renewable natural capital'* loss, consisting of the country's agricultural land, cropland, forests, forest products, and protected areas. The country's human capital per capita is stable while its physical capital per capita has risen by 13 percent. Yet its degrading natural capital base clearly illustrates the magnitude of its sustainability problem: the total renewable natural capital per capita has fallen by 35 percent over the past 20 years, whereas the non-land renewable natural capital per capita has declined by 47 percent (that is, almost halved in 20 years). Tanzania cannot afford another 10 years of the same negative trends in resource degradation. The opportunity Tanzania faces is to reconcile the use of natural resources to meet the demands of the population and economy with the need to maintain functioning ecosystems. Reaching this balance will catalyze sustained growth. However, the current trend in the use of natural resources is not sustainable, leading to persistent degradation and loss of ecosystems, which constitute the main cause of the natural capital. This CEA has identified spatially and temporally differentiated approaches and solutions toward ensuring sustainable resource management for long-term use
    DOI: 10.1596/31643
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    Country Partnership Framework for the Argentine Republic for the Period FY19-FY22 (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) outlines how the World Bank Group (WBG) will accompany Argentina's path to reduce macroeconomic instability while setting the stage for poverty reduction through private sector led growth. The objectives selected for the CPF are closely linked to the priorities identified in the recent Argentina Systematic Country Diagnostic (SCD), which analyses key constraints to inclusive and sustainable growth and poverty reduction and suggests ways to address them. They also reflect the fact that Argentina's Gross National Income (GNI) per capita is above the Graduation Discussion Income, and that WBG's new financing will be focused to support the country's sustainable graduation path from IBRD. At the same time, the Government has expressed a preference to retain, in principle, access to the entire range of WBG instruments. This CPF covers the four-year period FY19-FY22. As Argentina's presidential and legislative elections are to be held in October 2019, the Progress and Learning Review (PLR) will provide an opportunity to assess progress of reforms, revisit priorities, and reflect changes to the CPF program as needed
    DOI: 10.1596/31587
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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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    Financial Safety Nets and Bank Resolution Frameworks in Southern Africa : Key Issues and Challenges (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 report provides an assessment of the current state of development of financial safety nets and bank resolution frameworks in eight countries in southern Africa (Botswana, Eswatini [formerly Swaziland], Lesotho, Mozambique, Namibia, South Africa, Zambia, and Zimbabwe). It has been prepared to inform ongoing and planned technical assistance projects in the southern Africa region and to provide a basis for engagement with the authorities in each of the countries covered by the study. This summary draws from more detailed material contained in a comprehensive study
    DOI: 10.1596/31511
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    Cambodia Education Sector : Public Expenditure Tracking and Quality of Service Delivery 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: The Ministry of Education, Youth and Sport (MoEYS) and the Ministry of Economy and Finance (MEF), together with key Development Partners, conducted a Public Expenditure Tracking Survey (PETS) and Quality of Service Delivery Survey (QSDS) for the education sector in Cambodia. PETS identify resource use and leakages by examining flows of funds and materials from the central government to local service providers via regional and local governments. QSDS are multi-purpose surveys that examine the efficiency of frontline service delivery and the dissipation of resources by collecting information on service providers and various agents in the system. Several PETS were conducted in Cambodia in the 2005-2013 period. They generally found leakage to be low but the timeliness and consistency of funds delivery to service providers to be poor. This PETS-QSDS will assist the Royal Government of Cambodia in its aim to improve the efficiency and effectiveness of public service delivery through several key reforms. The educational structure of schooling in Cambodia is six years of primary, followed by three years of lower secondary then three years of upper secondary. Prior to primary, there is at least one year for pre-school education. Cambodia also has technical and vocational education, which commences after completion of grade 9. Higher education commences after grade 12
    DOI: 10.1596/31679
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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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    Madagascar Economic Update, Spring 2019 : Managing Fuel Pricing (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: Welcome to the Spring 2019 edition of the World Bank's Madagascar Economic Update, which presents recent economic developments and our medium-term outlook. The economy has continued to perform well, with growth in 2018 estimated at 5.2 percent, above regional and global averages. External demand for Malagasy goods and services remains strong, with exports such as cash crops, metals and business process outsourcing performing well. A small but dynamic private sector is responding to this increased economic activity with banking, logistics and services to support companies all under expansion. This edition of economic update focuses on managing fuel pricing
    DOI: 10.1596/31707
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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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    The Power of Dung : Lessons Learned from On-Farm Biodigester Programs 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: Energy Study
    Abstract: Over half the world's population cooks primarily with wood, charcoal, coal, crop waste, or dung. This share is currently increasing or stagnant in most regions. Dependence on solid fuels is one of the world's major public health challenges, causing more premature deaths than HIV/AIDS, malaria, and tuberculosis combined. The use of solid fuels and stoves also imposes significant economic costs on societies that can least afford them and contributes to adverse environmental and climate change effects. Traditionally the area of improving access to modern energy services has fallen in the realm of energy experts. However, a new study conducted by the World Bank between 2017-2019 asks the question: Does Agriculture have a role to plan in improving access to modern cooking services? The report: "The Power of Dung: Lessons Learned from On-Farm Biodigester Programs in Africa" examines on-farm biodigester programs in selected countries in Africa and examines the success factors of the programs. One of the report's most important findings is that reframing the promotion of biodigesters from one providing clean cooking solutions (energy) to one providing improved fertilizers (agriculture) increases the attractiveness of the solutions among farmers
    DOI: 10.1596/31716
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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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    Republic of Guinea : Planning, Connecting, Financing in Conakry (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: City Development Strategy
    Abstract: This study looks into the challenges and opportunities posed by urbanization in Guinea, reviewing briefly the trends at the national level but focusing on the urban area of Conakry. The main reasons for focusing on the urban area of Conakry are the following. While secondary cities in Guinea are growing economically and in population, Conakry already represents close to 50 percent of the urban population and its demographic growth outpaces that of other urban areas. This creates a sense of urgency to solving the country's capital problems. Secondly, Conakry remains the country's main interface for international trade through its port facility. Failure to address Conakry's issues, including congestion levels, would likely weaken its (and Guinea's) attractiveness in the long run. Follow-up studies could however look into Guinea's system of cities, including how they are connected to each other within the country and with their neighbors. The analysis presented in this review shows that urban areas in Guinea, and Conakryin particular are currently not acting as engines of growth and competitiveness and are failing at providing public services and quality living standards for their residents. It argues that the reasons are to be found i) in the business environment which, recent progress aside, stymies private sector job creation and economic diversification, ii) in Conakry's deficient connectivity system which acts as a bottleneck for residents to have access to economic opportunities, iii) in its obsolete and unenforced planning strategies and its rigid land markets and iv) in the lack of institutional clarity and financial resources which leads to underinvestment in public services
    DOI: 10.1596/31757
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    Republic of Poland Financial Sector Assessment Program : Cooperative Banks and Credit Unions (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 technical note reviews the cooperative bank and credit union sectors. It focuses on: (i) thesituation of the two sectors that are both in states of transition; (ii) the regulatory and supervisory arrangements; and (iii) the safety net and resolution regime within the context of the crisis management framework. In addition, key perspectives are provided as to the sustainability ofinstitutional models and the sectors within a modernizing and competitive banking sector. This note was prepared using information from the authorities and market participants that was received in the first semester of 2018 at the time of the visit of the authors. Although in some instances there is subsequent improvement in the performance of some cooperative banks and credit unions, the authors believe such changes do not modify substantially the main conclusions and recommendations made. Most cooperative banks and credit unions are stable, but each sector has its own issues. The FSAP is broadly supportive of the policy direction for cooperatives, while it questions whether the credit union sector should remain standalone. Combined, cooperative banks and credit unions represent less than 8 percent of deposit takers, though more importantly they serve about 18 percent of the population
    DOI: 10.1596/31809
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    Pedestrian Mobility for Urban Growth : Walking and its Links to Transportation (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: African cities are growing faster than cities on any other continent. With populations growing at such an enormous rate, it is often difficult for infrastructure to keep pace with urban growth. Rising automobile traffic on the continent has posed a great challenge. Increasingly, African cities struggle to handle the volume of motor vehicle traffic on their roadways. African urban dwellers spend much of their time stuck in traffic and away from their work and families. Public transport systems and pedestrian facilities must be improved so that African cities may continue to grow without suffering the consequences of runaway growth in private vehicle traffic. This report includes case studies of the institutional structures, financing practices, and regulations that have been adopted by cities and have been successful at achieving dramatic improvements in the design and implementation of the pedestrian environment. The report draws on international best practice and pilot projects in Africa to provide guidance on the key elements that should be considered in the design and maintenance of high-quality walking environments
    DOI: 10.1596/31832
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    Sindh Social Protection Policy Note (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: The 18th Amendment to the Constitution of Pakistan shifted the administrative paradigm from centralized to decentralized structures. The added obligations require major policy and institutional reforms in an otherwise weak social protection (SP) sector at provincial levels, generally characterized by limited planning, coordination, execution, and monitoring capacities. SP has become a salient feature of social policy, nationally as well as internationally. The basic components of a SP framework include safety nets or social assistance, social care for children and the elderly, social insurance and labor market interventions for productive employment generation. SP is conferred as an entitlement in the Pakistani Constitution, and the Government of Sindh (GoS) has demonstrated political commitments to this. This note outlines the key considerations of a policy on SP as part of the GoS commitment to reduce poverty, inequality, and vulnerability in the province. Section one gives introduction. Some of the key development challenges that a SP policy may need to consider prioritizing is described in section two. Sections three and four describes critical design principles of SP policies and programs, respectively. Section five reviews the current de facto SP programming in Sindh, while section six delineates a way forward for policy development
    DOI: 10.1596/31834
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    Lessons Learned in Financing Rapid Response to Recent Epidemics in West and Central Africa : A Qualitative Study (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 the wake of the 2014 Ebola Virus Disease (Ebola) crisis, the international development community, including the World Bank Group (WBG), have taken various institutional and operational steps to improve the advice, investments, and financing instruments to support both the efficiency and effectiveness of emergency responses to infectious disease outbreaks. Several World Bank instruments have been developed or adapted to more promptly deliver financial resources. The objective of the study is to inform the design and implementation of financing for rapid response to outbreaks through an analysis of lessons learned from recent outbreaks in West and Central Africa. This report will explain the methodology used to collect and analyze study data. It will then review the background, findings, and observations on mobilizing domestic and external funds for response in light of the evolution of epidemics in West Africa, Nigeria, and Democratic Republic of the Congo. The report summarizes the recent changes and key remaining challenges globally and in select countries summarized by the four selected themes (governance, effective financing, efficient use of resources, and preparedness). This report then offers conclusions and recommendations from this qualitative study
    DOI: 10.1596/31838
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    Moving Forward : Connectivity and Logistics to Sustain Bangladesh's Success (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: Bangladesh has been successful on many counts. The economy grew six percent a year between 2000 and 2017, and the poverty rate fell by more than half. All sectors experienced growth, but the contribution of agriculture to gross domestic product (GDP) declined, as Bangladesh became an important player in the textile and ready-made garments global value chain, which accounts for more than half of manufacturing employment and eighty-four percent of all exports in the country. The sustainability of this growth model is now being challenged, as Bangladesh's competitiveness based on low wages is eroding. Rising wage demands from workers, intensifying global price competition, and inefficient logistics are putting significant cost pressure on Bangladeshi producers. This report presents a comprehensive assessment of logistics performance, its root causes, and the economic implications of potential interventions. Based on the analysis, the report proposes policy directions to improve logistics performance
    DOI: 10.1596/31835
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    Exploring the Diversity of Young People Not in Employment, Education or Training : The Gender Profile of NEETs in Georgia and Armenia (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: The analysis presented in this study points to persistent and high numbers in Georgia and Armenia of youth who are jobless and/or economically inactive and with limited access to learning and/or training opportunities, and these figures are among the highest in the ECA region. As many as 31 percent youth aged 15-29 in Georgia and 33 percent in Armenia are not in employment, education, or training (NEET). In Georgia, the phenomenon is mostly urban, whereas in Armenia it's both rural and urban. NEET rates are consistently higher among female than male youth, pointing to the fact that being female is a risk factor itself for labor market exclusion, and gender disparities. In addition to gender gaps, there are important gender differences in the condition of those who are NEET: economic inactivity - in the form of homemaking and/or caregiving work - is the most prevalent condition among NEET women, whereas unemployment is the most common status among NEET men. With regards to education, Georgia and Armenia stand out as cases where higher educational attainment does not necessarily prevent young people from becoming NEETs, and the NEET rate among higher education graduates is even bigger (particularly among women) than for those with lower education. This is a strong sign of mismatch between the demand and supply side of labor market. The economies of these countries are not able to create an adequate supply of skilled jobs for graduates, and there is persistent subsistence low-productivity employment the agriculture sector
    DOI: 10.1596/31833
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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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    Malawi Economic Monitor, June 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 Malawi Economic Monitor (MEM) provides an analysis of economic and structural development issues in Malawi. This edition was published in June 2019. It follows eight previous editions of the MEM and is part of an ongoing series, with future editions to follow twice each year. The aim of the publication is to foster better-informed policy analysis and debate regarding the key challenges that Malawi faces in its endeavor to achieve high rates of stable, inclusive and sustainable economic growth. The MEM consists of two parts: Part 1 presents a review of recent economic developments and a macroeconomic outlook and risks. Part 2 focuses on a special topic relevant to Malawi's development prospects
    DOI: 10.1596/31929
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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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    Brazil : 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 country brief provides an overview of tobacco legislation, use, and taxation in Brazil
    DOI: 10.1596/31963
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  • 44
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    Jordan : 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 ov ...
    DOI: 10.1596/31954
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  • 45
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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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  • 46
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    Gender-Sensitive Poverty Mapping for Timor-Leste : Policy Note (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: Timor-Leste has made impr ...
    DOI: 10.1596/32015
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  • 47
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    Guinea - Opportunities for Enhanced Domestic Revenue Mobilization : Value-Added Tax and Excise Taxes (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Public Sector Study
    Abstract: Revenue mobilization is a key constraint to economic development in the Republic of Guinea. The government's five-year development plan (2016-2020) aims at fostering higher and more inclusive growth through public investments that require financing beyond current fiscal capacity. In this context, Guinea is seeking to efficiently raise additional domestic revenues and external investment financing. Development partners are supporting Guinea with technical assistance for revenue mobilization. The International Monetary Fund (IMF) and the European Union are supporting authorities with direct tax policy, non-tax revenue, and administration issues. The objective of this report is to shed light on indirect taxes, particularly value-added tax (VAT) and excise taxes. The report provides an overview of the main features of tax policy and administration in Guinea, followed by a more detailed analysis of VAT and excise taxes. The focus on indirect taxation is a result of both its significant revenue potential and coordination with other development partners. The analysis presented fills an important gap in the understanding of how Guinea can increase its tax revenues. On VAT, the study finds that addressing policy and administrative constraints can mobilize additional revenues while improving the business climate. On excise taxation, the study finds that existing excise rates are unevenly applied, with scope for raising rates in the future. to systematically address its revenue challenges across all tax types, Guinea should also consider development of a medium-term revenue strategy (MTRS). The report is structured as follows: in the first section, an overview of the evolution and composition of domestic revenues in Guinea is presented. In the second section, VAT is analyzed. The final section reviews excise tax policy and its implementation on international goods and domestic goods
    DOI: 10.1596/32023
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    Improving the Effectiveness of Public Finance : Cambodia Public Expenditure Review (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: Cambodia's rapid economic growth and poverty reduction have taken place in an environment characterized by macroeconomic stability and prudent fiscal management. Having recently graduated to become a lower middle-income country, Cambodia is beginning to face complex fiscal and public service delivery challenges. The Cambodia public expenditure review (PER) discusses the numerous achievements in fiscal policy to date and presents policy options going forward, based on both analysis and consultations with stakeholders. The PER aims to help the Royal Government of Cambodia in the effort to overcome the challenges and move toward more effective public spending and service delivery, while maintaining macroeconomic stability. to make the most of fiscal policy and available fiscal space, Cambodia needs to continue improving the allocation and execution of public resources, for increased value for money. The Cambodia Public Expenditure Review (PER)discusses the numerous achievements in fiscal policy to date and proposes policy options goingforward, based on both analysis and consultations with stakeholders. The PER aims to help the RoyalGovernment of Cambodia in the effort to overcome the abovementioned challenges and move towardmore effective public spending and service delivery, while maintaining macroeconomic stability. Structured around the key challenges, the six chapters of the PER are based on background papers that incorporate feedback from two rounds of consultations with the PER Committee chaired by the Ministry of Economy and Finance
    DOI: 10.1596/32034
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    Papua New Guinea Economic Update, July 2019 : Recovery Amid 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: Papua New Guinea's (PNG) economy has started recovering from a series of external shocks, but its growth outlook remains fragile due to rising uncertainties. The recovery is being observed in the resource sector, mainly in its extractive segment dominated by liquefied natural gas (LNG), while growth in the non-resource economy remains subdued due to sluggish domestic demand. A longer-term government agenda of building an inclusive and sustainable economy will require a focus on structural reforms. It also looks at sector-specific issues and identifies a set of implementation actions for each priority sector. Agriculture is one of the priority sectors due to its large share of the economy and the vast population living in rural areas that is involved in subsistence and cash income agriculture. to realize the potential of agriculture as a source of income and job creation, the authorities should consider policy options and responses that will secure sustainable rural livelihoods in food and agriculture, as discussed in the report
    DOI: 10.1596/32041
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    Bhutan Forest Note : Pathways for Sustainable Forest Management and Socio-equitable Economic Development (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: The Bhutan Forest Note articulates opportunities for supporting Bhutan's sustainable development aspirations, including its constitutional commitment to maintain at least 60 percent of the country's land area under forest cover and to better respond or prepare for vulnerabilities such as climate change and natural disasters. The note presents a forward-looking business case for Bhutan to support an increase in forest utilization without jeopardizing the integrity of forest and non-forest ecosystems. The business case is based on an analysis of challenges and opportunities for making the forestry sector a dynamic and effective contributor to Bhutan's gross national happiness. The note is intended to serve as a basis for discussions with the government and other partners to work together on making the identified opportunities a reality. The opportunities are sensitive and responsive to Bhutan's uniqueness with regard to size, geography, and focus on forest conservation. The Note is a deliverable under the World Bank`s Forest Action Plan FY16-20
    DOI: 10.1596/32047
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    Republic of Mozambique Agriculture Public Expenditure Review : Assessment and Result-Focused Expenditure Management (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 structure of the report reflects the sequence of topics which comprise the theory of change (ToC) and supporting results framework (RF) with respect to achieving sustainable results from prioritized agricultural public expenditures. Chapter 1 outlines the main macro and sectoral challenges which underpins the rationale for carrying out the agriculture public expenditure review (PER). Chapter 2 outlines the methodological aspects, key sectoral policies/strategies/targets; analyses of agricultural expenditure levels/trends, composition, relevant measures of efficiency, effectiveness and value of money; and criteria for defining the scope of the study. Chapter 3 outlines the Government's budgetary cycle, processes and practices based on relevant budgetary decrees/circulars that guide budgetary priorities and allocations for annual and medium-term agricultural sector expenditure, and management aspects. Chapter 4 conducts a backward assessment through an analyses of the levels, trends, composition, and performance of agricultural including the efficiency, effectiveness and emerging results of agricultural public expenditure, for the period 2013 - 2017. Chapter 5 synthesizes the expenditure performance of three strategic programs: agricultural technology, irrigation, and aspects related to decentralization and adaptation to climate change. Chapter 6 highlights the role, scope, levels/trends and sources of private sector financing in the agricultural sector, and their key determinants. Chapter 7 takes a forward-looking approach to the expenditure assessment by outlining: (a) key elements and emerging issues; (b) the approach used for estimating and using their medium-term expenditure framework; (c) good practices; and (d) alignment between the forward sectoral expenditure and priority agricultural sector policies and targets. Chapter 8 synthesizes the main findings and priority recommendations in the form of a roadmap, including a supporting proposed results-focused agriculture expenditure action plan
    DOI: 10.1596/32100
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    Egypt Economic Monitor, July 2019 : From Floating to Thriving - Taking Egypt's Exports to New Levels (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: Confronted with pervasive macroeconomic imbalances and microeconomic distortions, the Government of Egypt (GOE) started in 2016 to move forward with important reforms to stabilize the economy and restore confidence. At that time, Egypt was facing daunting economic and structural challenges, unsustainable fiscal and external imbalance and a deterring business environment. The severe foreign currency crunch that peaked in late 2016 motivated the GOE to introduce transformative economic reforms to alleviate the longstanding structural constraints to inclusive growth and macroeconomic stability. The flagship reforms of the economic program were (i) the liberalization of the exchange rate to eliminate the large currency overvaluation and foreign exchange shortages; (ii) a fiscal consolidation program that introduced a ale-added tax (VAT) and a gradual reduction in energy subsidies and the wage bill, and (iii) major energy sector terms to address power outages by public and private investment in generation and establish Egypt's potential as an oil and gas producer by reducing pricing distortions and arrears. These reforms were complemented by efforts to improve the business climate and attract private investment, starting with legislative reforms and the introduction of new laws on industrial licensing, investment, and insolvency. Macroeconomic indicators have reacted positively to the stabilization reforms. Most notable, economic growth has accelerated, the parallel market for foreign currency exchange has been contained, external deficits have narrowed, and international reserves have replenished. Public finances are progressing on a more sustainable path, with a frim containment of spending on price subsidies and a narrowing fiscal deficit. The improvement in macroeconomic conditions have also reflected positively on investors; perceptions, with credit rating agencies upgrading their ratings and outlook for Egypt
    DOI: 10.1596/32109
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    Turning Smallness into Uniqueness : Six Key Challenges to Unlock Sao Tome and Principe Growth's Potential (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: Economic growth in Sao Tome and Principe (STP) has long been driven by an unsustainable reliance on public expenditures, especially grant- and loan-financed public investment. STP needs to turn its smallness into uniqueness to unlock its growth potential. to accomplish this transformation, this image must be matched by a more balanced growth in which the private sector plays a larger role and with a more effective government. Tourism, agriculture, and fisheries could drive the country's transition to a more balanced growth pattern. This Country Economic Memorandum (CEM) highlights six key challenges that STP must overcome as it transitions to a more balanced growth pattern and it offers policy recommendations for addressing each challenge. Accomplishing this rebalancing will require STP to address six key challenges at the macroeconomic, structural, and sectoral level. These include: (i) The twin budget and current-account deficits; (ii) Weak trade connectivity by both air and sea; (iii) Credit constraints caused by a high level of non-performing loans and difficulties enforcing commercial contracts; (iv) Uncertainty surrounding property rights and land tenure; (v) Poor-quality infrastructure, especially in the energy and transportation sector; and (vi) The overexploitation of marine resources
    DOI: 10.1596/32143
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    CPIA Africa : Strengthening Debt Management Capacity (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Institutional and Governance Review
    Abstract: The 2019 Africa Country Policy and Institutional Assessment (CPIA) report covers the period January to December 2018. Over this period, the average quality of policies and institutions in International Development Association (IDA)-eligible countries remained unchanged, amid decelerating growth across the region. The overall CPIA score for IDA countries in Sub-Saharan Africa was 3.1 in 2018, the same as 2017, reflecting the slow progress in improving the quality of policy and institutional frameworks in the region
    DOI: 10.1596/32146
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    New Perspectives on Results-Based Blended Finance for Cities (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: There is clear evidence on the need for cities to rapidly scale-up their investments in climate change mitigation programs and build strong foundations for climate-resilient communities. Investing in low carbon infrastructure and climate resilience can generate competitive returns and is crucial for preventing a reversal of the development gains made in low-income countries up until now. Overcoming the barriers in financing climate-smart infrastructure in cities means adjusting their currently unattractive and inadequate risk-return investment profile. Our analysis explains that well-targeted concessional funding can derisk the financing structure of a project and turn a typical non-bankable project to financial viable one. Additionally, it makes the case for results-based blended finance approaches that strengthen the accountability in project development by linking financing to the achievement of measurable, pre-agreed results. Addressing the lack of creditworthiness, the limited accountability and capacity in institutions and service delivery practices should be at the center of urban investment strategies. The report highlights the need for technical assistance and capacity building programs that will support cities bring order to their financing and accounting practices, support shadow credit ratings and help them become creditworthy. It is estimated that only 20 percent of the 500 largest cities in developing countries are considered creditworthy. Cities and development partners face a common challenge: Making the most effective use of available public finance instruments and disburse scarce public (concessional) funds in a way that maximally leverages private sector co-investments
    DOI: 10.1596/32192
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    Debt Management Performance Assessment : Maldives (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: A World Bank (WB) mission undertook an assessment of the government's debt management(DeM) capacity and institutions in Maldives during March 20-29, 2019, at the request of theMinistry of Finance (MoF). The objective of the mission was to assess the DeM strengths andareas in need of reform through the application of the Debt Management Performance Assessment (DeMPA) methodology. This is the second evaluation for Maldives; the first DeMPA was conducted by the WB in 2009. The MoF has implemented a series of public finance management reforms in legal and institutional arrangements since the last DeMPA. Treasury operations have experienced a complete overhaul, including the rolling out an Integrated Financial Management Information System (SAP) to government entities on Male', establishment of a Treasury Single Account (TSA) and the development of cash flow forecasting procedures. The coverage of the debt management system, the CS-DRMS, has also been expanded and is now used as a central database for almost all debt obligations (excluding Islamic instruments). The DeMPA methodology, revised in 2015, provides a comprehensive set of indicators spanning the full range of DeM functions and is used for in-depth analysis of government debt management functions and institutions. The results of the assessment help the central government authority to take stock of the current DeM situation and design medium term priority reforms. The results of 2019's assessment for Maldives demonstrate many broad-based improvements implemented in Maldives and provide highlights of pending reforms
    DOI: 10.1596/32188
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    India : Nutrition Determinants and Strategies in Nagaland (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 state of Nagaland, with a population of two million, is situated in the North-East region of India. The state's topography is hilly with very poor roads and connectivity. The state has 11 districts, 52 blocks, and 1,500 villages. In 2014-15, per capita net state domestic product was estimated at USD 1,172 (INR 78,526), slightly lower than the national figure of USD 1,297 (INR 86,879). However, the socioeconomic distribution in Nagaland is more equitable than the national pattern, in 2012-13, an estimated 19 percent of the population lived below the official poverty line in the state, lower than the national average of 22 percent. Tribal communities make up almost 90 percent of Nagaland's population. The Nagaland Department of Health and Family Welfare (DoHFW) requested technical support for better understanding nutrition determinants and developing strategies that could be implemented at the community level with the support of the Nagaland Health Project. The objectives are to better understand the barriers to improved nutrition and health in Nagaland and to help the state government to develop strategies to address these issues. This involves analytical work (involving both primary and secondary data analysis) to identify gaps and bottlenecks, informing the development of contextually-appropriate and feasible strategies. Technical assistance focuses on supporting the state government in the design of strategies based on the findings of the analytical work. The development objectives of this advisory services and analytics (ASA) activity are: (i) to improve knowledge about the determinants of malnutrition in North East India; (ii) to identify gaps in maternal and child health and nutrition services for disadvantaged communities; and (iii) to support development of cross-sectoral strategies to combat malnutrition at the community level
    DOI: 10.1596/32251
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    Cleaning the Air of Tehran, One Bus at a Time : Retrofit Solutions for the Ageing Diesel Bus Fleet in Tehran (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: According to a report by the World Bank published in April 2018, air pollution in Tehran incurs annual loss of billions of dollars and over 4,000 premature deaths from exposure to fine particles ambient concentrations. Particulate matter (PM), one of the primary pollutants from diesel exhaust, is associated with many different types of respiratory and cardiovascular effects, and premature mortality. The main objective of this study is to evaluate the cost effectiveness of retrofitting existing city diesel bus fleet in Tehran with best available Diesel particulate filters (DPFs) available in the market. The report provides an updated assessment on the diesel retrofit solutions for an ageing diesel city bus fleet in Tehran based on publicly available information. The economic benefits of DPF installed in buses are evaluated with standard techniques of environmental economics, and technological assumptions about how much PM emissions can be avoided and control costs. The report highlights a number of national, regional and local examples of effective emission control program that exhibit best practices from around the world. Also, it presents important features and global experiences of successful retrofit program on heavy-duty diesel vehicles (HDDVs), including benefit-cost analysis from several case studies to help Tehran city leadership in taking informed economic and policy decisions. Finally, it recommends a set of critical actions to the government both at the national and local level for implementation of an effective emission control programs
    DOI: 10.1596/32282
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    Economics of Climate-Smart Agriculture : Considerations for Economic and Financial Analyses of Climate-Smart Agriculture Projects (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 poses a major threat to food systems and livelihoods all over the world. Climate-smart agriculture (CSA) addresses these challenges. CSA stands for including climate change into the planning and implementation of sustainable agricultural strategies. More specifically, CSA has three objectives to achieve these overarching goals: (1) sustainably increasing agricultural productivity to support equitable increases in incomes and food security; (2) adapting and building resilience to climate change from the farm to national levels; and (3) developing opportunities to reduce GHG emissions from agriculture (FAO 2013). The report is structured as follows: the report starts with a brief overview of the framework for economic and financial analyses in section two; section three, provides an overview of benefit and cost categories that are relevant for CSA; section four, provides descriptions of 10 salient features of CSA as may be relevant for EFAs; section five, presents findings of the review of 10 EFAs of agriculture lending projects; section six, provides a brief overview of techniques or tools that could support the presentation of CSA in EFAs; and section seven concludes
    DOI: 10.1596/32279
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    The Digital Economy in Southeast Asia : Strengthening the Foundations for Future Growth (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 signs of digital technology adoption are evident across Southeast Asia. In big cities, the use of mobile phones for messaging and social media has become ubiquitous. Ride-sharing services and delivery riders using apps to obtain their next booking are changing the face of urban transport and other services. As consumers go online to purchase products, they are recasting the future of brick-and-mortar retail businesses. The impacts of the digital revolution are not limited to a few prominent social networking sites, online businesses, or mobile apps. Digital platforms - a combination of technical innovation, new business models, and value proposition - in the private and in some cases the public sector, offer a range of products and services via digital channels. The use of digital technology is transforming - indeed, disrupting - all sectors, notably services such as logistics and finance, but also industrial production and agriculture. These are all visible manifestations of a growing digital economy. Southeast Asia is primed to embrace this digital revolution. There is a high level of interest from governments, businesses, and individuals in the region to support the growth of the digital economy and maximize its benefits. There is significant excitement about the rise of e-commerce platforms and app-based companies - including the region's own "unicorn" technology companies. Southeast Asia leads the world in some indicators on the use of the Internet, for example in social media and messaging
    DOI: 10.1596/31803
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    Where Sun Meets Water : Floating Solar Market Report (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: Floating solar photovoltaic installations open new opportunities for scaling up solar generating capacity, especially in countries with high population density and competing uses for available land. Advantages of floating solar over land-based systems include higher energy yield, reduced evaporation, and improved water quality, among others. Combining floating solar with hydropower plants is of particular interest. Flexible hydropower output can be used to smooth the variability of the solar generation, while making better use of existing transmission assets, particularly beneficial in countries with weak grids. With a global estimated potential of 400 gigawatts, under conservative assumptions, floating solar could double the current global installed capacity of solar PV. Although the market is still nascent and challenges in deployment remain, the floating solar market is set to accelerate as the technologies mature. Floating Solar Market Report presents an overview of floating solar technologies, current deployment market and future opportunities, challenges related to floating solar deployment, policies and regulatory considerations, and current costs and project structuring. Floating Solar Market Report is the second publication of the series Where Sun Meets Water dedicated to floating and hydro-connected solar deployment
    DOI: 10.1596/31880
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    New Avenues for Remote Sensing Applications for Water Management : A Range of Applications and the Lessons Learned from Implementation (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Water Papers
    Abstract: Water management agencies in many parts of the world are currently missing big opportunities to increase their capacity to monitor water resources. This report presents a range of remote sensing applications to support water resources management and decision-making, and discusses implementation approaches and their sustainability going forward. These were developed within the second phase of the global initiative on remote sensing for water resources management, conceived to help mainstream beneficial remote sensing uses in operational projects of the Bank, and to facilitate the adoption in World Bank client countries. This report is addressed to water practitioners in general, technical staff in national water agencies, and project leads from development and financing institutions. The goal of the report is to present insights from innovative remote sensing applications to help address specific water resources management challenges. The results presented include constraints identified in the adoption of remote sensing, the approaches adopted to make applications functional in different contexts, the project applications themselves, insights on their sustainability, and ways forward
    DOI: 10.1596/32105
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    Opportunities for a Clean and Green Pakistan : A Country Environmental Analysis (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Country Environmental Analysis
    Abstract: This document aims to dee ...
    DOI: 10.1596/32328
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    Nepal Infrastructure Sector AssessmentPrivate Sector Solutions for Sustainable Infrastructure Development (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: Despite several severe shocks in the past, conflict, unstable governments, earthquakes, and trade disruptions, Nepal has made strong progress in reducing poverty and boosting shared prosperity. With the decade-long peace and constitutional process concluded, the Government of Nepal is keen to accelerate economic growth and become a middle-income country by 2030. Between 1996 and 2011, the proportion of households living in extreme poverty fell from 46 to 15 percent. Nepal's macroeconomic fundamentals have remained sound. This report takes place as Nepal transitions to a federal structure. This poses a unique and unprecedented opportunity to establish clarity of functions, expenditures, and revenue assignments, as well as changing jurisdictions across various levels of governments and agencies, including as they interface with the private sector. The new government is in place and emphasizing the need for stronger cooperation between the public and private sectors. Against this background, this report assesses the energy (electricity generation, transmission, and distribution), transport (roads, airports, and urban transport), and urban (water supply, sanitation, and solid waste management) infrastructure sectors. The report recommends interventions that combine short-term and longer-term structural and policy changes with tailored project implementation approaches. Completing projects will help stress test the framework and system and identify potential bottlenecks that can be corrected. Such a learning-by-doing approach will further help prioritize the implementation of the initiatives proposed in this report and target capacity development initiatives in the areas of greatest need
    DOI: 10.1596/32355
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    Complaints Handling within Financial Service Providers : Principles, Practices, and Regulatory Approaches (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 Accountability Study
    Abstract: Core to an effective financial consumer protection framework is an accessible and efficient recourse mechanism that allows consumers both to know and to assert their rights to have their complaints addressed and resolved in a transparent and just way within a reasonable timeframe. Complaints handling mechanisms are especially important for low-income and vulnerable financial consumers, to whom timely and effective recourse processes can have a decisive influence over their trust in their financial service provider (FSP) and in the financial sector in general. Increased trust contributes to consumers' uptake and sustained usage of financial services and, consequently, their economic livelihoods. Financial consumer complaints handling mechanisms comprise two stages: complaints that are handled by FSPs, generally referred to as internal dispute resolution (IDR); and complaints that, if not satisfactorily resolved, are handled by an alternative, out-of-court process, generally referred to as external dispute resolution (EDR). There are several international sources of principles applicable to complaints handling and resolution processes and procedures to be established by FSPs. Drawing from the World Bank's Good Practices for Financial Consumer Protection, the work of international bodies, such as the Group of Twenty (G20)/Organisation for Economic Co-operation and Development (OECD) Task Force on Financial Consumer Protection, as well as selected country experiences this Technical Note highlights considerations that aim to provide a methodological guidance for regulators and FSPs when developing and implementing IDR frameworks to ensure they are consistent with international good practices. This Technical Note synthesizes concepts, principles, and practices for IDR mechanisms for financial consumers and shares examples of legal and regulatory requirements for FSPs to resolve complaints and to ensure that complaints- related data is collected, analyzed, and shared as appropriate to support improvements in FSP performance, industry market conduct, and market conduct regulation
    DOI: 10.1596/32360
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    Women in Water Utilities : Breaking Barriers (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Water Papers
    Abstract: Women are significantly underrepresented in the water workforce. Multiple barriers, ranging from social norms, to inadequate HR policies, to an unwelcoming work environment, pose challenges to female water professionals' entering, staying and advancing in the water sector. This study explores these barriers and provides utilities with practical approaches to advance their gender diversity
    DOI: 10.1596/32319
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    Governance in Irrigation and Drainage : Concepts, Cases, and Action-Oriented Approaches-A Practitioner's Resource (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Water Papers
    Abstract: Irrigated farming is central to meeting the world's food and fodder needs and will be even more important in delivering on food security and water sustainability development priorities in the future. High population growth, climate change, increasing socio-economic growth, and water stress are key drivers of change. Although irrigation covers only 6.5 percent of the total land used for agriculture, it supports production of forty percent of the world's food and fodder output, with a gross value of fifty-five percent of global agricultural produce. Improving irrigation performance is a priority strategy in addressing rural poverty and in mitigating climate -change impacts, especially for the most vulnerable. Investment in irrigation has seen renewed interest in the past decade, and irrigation and drainage (I and D) governance emerging as a key focus for improved performance. Institutional failures and poor irrigation performance have been blamed on low capacity, perverse incentives, misdirected policies, and weak implementation but these are only contributing factors. Investments in institutions of the past have aimed to fix the institutions, with a focus on form and on organizational structure. The central message of this resource book is that functions, processes, and related capabilities must be the priority focus of all irrigation institutional interventions
    DOI: 10.1596/32339
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    Review of the Education Sector in Ukraine : Moving toward Effectiveness, Equity and Efficiency (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Education Sector Review
    Abstract: Education in Ukraine has ...
    DOI: 10.1596/32406
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    Monitoring Occupational Shortages : Lessons from Malaysia's Critical Occupations List (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: Many emerging economies have skills shortages but fail to effectively deploy students andjob seekers towards filling those shortages. In emerging economies, new technologies,digitization, automation, and other trends like Industry 4.0 result in a constantly changing demandfor sophisticated skills. In this environment, there are often students and job seekers who couldpotentially fill skills gaps but face significant challenges in identifying job opportunities andthe skills needed to obtain them. The schools, training centers, and public service providers thatare responsible for preparing the workforce to fill skills gaps often face similar challenges in terms of deploying attention and resources towards filling those gaps. In Malaysia, the Critical Skills Monitoring Committee (CSC) is charged with producing a Critical Occupations List to serve as a platform for coordinating human capital development policies. The CSC is a specialized interagency body that was established as part of the Eleventh Malaysia Plan to monitor skills imbalances in Malaysia. To do so, the CSC created an annual Critical Occupations List (COL) of occupations that are middle- or highskilled, sought-after, and strategic. The COL has evolved during the last several years to become a best-practice tool for monitoring skills. The COL is updated regularly and improved continually, is based on rigorous evidence, and is widely circulated. The production of the list is undertaken by the CSC and incorporates a wide range of input from both the public and private sector
    DOI: 10.1596/32413
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    Common Core Accounting Syllabus for Universities (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 Accountability Study
    Abstract: Strengthening Auditing and Reporting in the Countries of the Eastern Partnership (STAREP) is a regional program of the Centre for Financial Reporting Reform (CFRR). The program aims to create a transparent policy environment and effective institutional framework for corporate reporting within the countries that make up the European Union's Eastern Partnership: Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine. STAREP's focus is on the improvement of corporate financial reporting frameworks and their effective implementation. As many countries move towards the adoption of international and regional standards in accounting and auditing, there is a need to ensure high quality, relevant education both for those entering the profession and for ongoing professional development throughout their career. The World Bank's Accounting and Auditing Education Community of Practice (EduCoP) has enabled shared and peer learning, supporting national efforts to develop accounting and auditing education capacity
    DOI: 10.1596/32432
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    Lao People's Democratic Republic Public Expenditure and Financial Accountability Assessment (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: Efficient utilization of overall resources through sound public financial management (PFM), good governance and oversight are priorities in the Lao PDR government's reform agenda. The strengthening of PFM systems is fundamental to the successful development of Lao PDR and has been center stage in the Government's policy agenda. There has been slow progress since 2010 in strengthening the quality of PFM systems and processes and there has also been a pause in the PFM reform agenda since 2013. This Public Expenditure and Financial Accountability (PEFA) Lao PDR 2018 is intended to assess the current state of PFM in Lao PDR. This PEFA uses the upgraded 2016 methodology that has more demanding PFM standards with new calibration and scoring criteria. While it is expected that the assessment generates relatively low scores and reveal severe PFM performance gaps. The Government expects that the narrative will also highlight the area of ongoing or planned reform action in order to link the analysis to the existing areas of the new PFM reform agenda and to support the post-PEFA dialogue on the priorities and sequencing of the reform actions. this context, the GoL agreed at the end of 2016 to carry out a PEFA self-assessment managed by the WB and financed by the EU, to establish a diagnostic study of the PFM system using the PEFA 2016 methodology. It is expected that the PEFA exercise gives further impetus to the momentum created by the launch of the PFM reform agenda, mobilizing the participating institutions on the subsequent dialogue on PFM reform policy decisions. The overall objective of the PEFA assessment is to provide a baseline with an evidence-based PFM performance assessment to guide the Government's PFM reform strategy and potential engagement with its development partners in further strengthening PFM in the country
    DOI: 10.1596/32505
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    Digital Government and Open Data Readiness 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 Public Sector Study
    Abstract: This report, composed of ...
    DOI: 10.1596/32547
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    Bangladesh Development Update, October 2019 : Tertiary Education and Job Skills (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: Bangladesh economic expansion continued in FY19, supported by rising exports and record remittances. Inflation remained within the 5.5 percent target, supported by bumper rice harvests. Broad money growth increased marginally. Private sector credit growth was weak and bank liquidity remains constrained. Non-performing loans continued to rise in the banking sector. The current account deficit declined with higher export and lower import growth. Bangladesh Bank interventions moderated the depreciation of the taka against the US dollar, but the real effective exchange rate appreciated. The fiscal deficit has reached 4.6 percent of GDP as expenditure increased and revenue collection remained below target. Recent tax policy adjustments are likely to constrain revenue growth in the near term, while additional subsidies will increase recurrent expenditure. Sustaining growth will require momentum on the reform agenda to address challenges in the business climate, public investment management, revenue mobilization, and the resolution of fragile banks. Economic transformation will require development of new skills in the workforce. Tertiary educational institutions can support this agenda if quality, relevance, and access challenges are addressed
    DOI: 10.1596/32533
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    Kyrgyz Republic - 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 joint World Bank/IMF Debt Sustainability Analysis (DSA) has been prepared in the context of the 2019 Article IV Consultation, for the first time based on the revised framework for low-income countries. Results indicate moderate risk of debt distress for both external and overall public debt. However, the debt outlook remains vulnerable, especially to a deceleration in real GDP and exports growth and the depreciation of the KGS. To address these vulnerabilities, the authorities need to remain cautious when contracting and guaranteeing new debt, maintain fiscal discipline, improve public investment management, and continue improving the business environment to maintain the export potential of the country after the main gold mine will close in 2026
    DOI: 10.1596/32566
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    Vanuatu - 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 updated DSA suggests that the external risk of debt distress for Vanuatu remains moderate with limited space to absorb shocks. All external debt indicators remain below the relevant indicative thresholds under the baseline scenario, incorporating the average long-term effects of natural disasters on growth and the fiscal and current account balances. A tailored natural disaster shock, reflecting Vanuatu's vulnerability to disasters, would cause the present value (PV) of public and publicly guaranteed (PPG) external debt-to-GDP ratio to breach the threshold from 2024 onwards. The overall risk of debt distress is assessed as moderate. Although the PV of the public-debt-to-GDP ratio remains below the 55 percent benchmark under the baseline scenario, the public-debt-to-GDP ratio would breach the authorities' debt ceiling of 60 percent by 2025. Moreover, a tailored natural disaster shock would lead to a significant deterioration in debt sustainability, breaching the benchmark. The breach of the authorities' debt ceiling and of the benchmark indicates the need for rebuilding fiscal buffers and enhancing resilience against shocks, including from natural disasters. This requires both stronger revenue mobilization measures, including an introduction of the proposed income taxes, and expenditure rationalization in the medium term. When contracting new public infrastructure projects, the authorities are encouraged to seek grants or concessional loans as much as possible to contain its debt burden
    DOI: 10.1596/32563
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    Guyana - 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 risk of external and overall debt distress for Guyana remains moderate, but debt dynamics will improve significantly with the start of oil production in 2020. All external debt indicators remain below the relevant indicative vulnerability thresholds under the baseline scenario, which incorporates the average long-term effects of oil on economic growth, fiscal balance, and current account position. The PV of external debt-to-GDP is projected to decline to 3 percent over the long-term as the need for external borrowing is offset by the accumulation of external assets. Stress tests indicate the susceptibility of Guyana's external public debt in a very extreme shock which combines simultaneous shocks to real GDP growth, primary balance, exports, other flows (current transfers and FDI), and nominal exchange rate depreciation, as well as second order effects arising from interactions among these shocks. The combined effects of these shocks and their second order effects cause temporary but significant breaches in the external debt thresholds, prompting a moderate risk rating. Nonetheless, Guyana has substantial space to absorb these shocks, reflecting the current low level of external debt. Guyana's medium- and long-term outlook is very favorable given the incoming oil production and revenues, which will eventually underpin fiscal surpluses and a reduction in external indebtedness. The authorities reiterated their commitment in preserving fiscal discipline
    DOI: 10.1596/32559
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    Senegal - 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: Senegal has expanded its debt perimeter to include para-public entities and state-owned enterprises (SOEs) and remains at low risk of debt distress despite short-term breaches of two external debt indicators under the most extreme scenarios. The low risk of debt distress is predicated on: (i) ongoing debt liability management, guarantees to address currency risk, access to liquid financial assets and a sound track record of market access; and (ii) adherence to the planned fiscal consolidation path, an acceleration of reforms, and a prudent borrowing strategy. Looking ahead, it will be important to contain fiscal pressures from Treasury operations and address fiscal risks from the broader public sector, including the energy sector
    DOI: 10.1596/32554
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    Cabo Verde - 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: Cabo Verde's risk of external and overall debt distress is rated "high" as in the previous debt sustainability analysis (DSA). The present value (PV) of public and publicly-guaranteed (PPG) external debt-to-GDP ratio breaches its threshold in 2019-2022 under the baseline and protractedly under stress test scenarios. The PV of total public debt-to-GDP ratio is projected to recede below its threshold from 2026 under the baseline and breaches its prescribed limit under stress test scenarios. The debt sustainability assessment is predicated on sustained fiscal consolidation and successful restructuring of state-owned enterprises (SOEs). Prudent borrowing policies and a strengthened debt management strategy are critical to containing debt accumulation. In view of Cabo Verde's vulnerability to exogenous shocks, growth-enhancing structural reforms remain critical to bringing public debt to sustainable levels
    DOI: 10.1596/32575
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    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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    Zambia - 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: An updated debt sustainability analysis (DSA) is prepared using the revised Low-income Countries Debt Sustainability Framework (LIC DSF) to assess Zambia's current debt situation. Debt burden indicators have deteriorated considerably since the October 2017 DSA mainly on account of large fiscal deficits as the authorities made use of available financing to boost infrastructure spending, weaker growth and exchange rate, and a worsened external environment (terms of trade and financial conditions). Rising debt service costs (both externally and domestically) and a large pipeline of contracted and to-be-disbursed loans place Zambia's public debt on an unsustainable path under current policies while budget expenditure arrears have risen. Zambia's debt-carrying capacity has also weakened with its FX reserves' import coverage declining from 4.7 months in 2015 to 1.7 months in May 2019. All four external debt burden indicators breach their indicative thresholds, three of them by large margins and throughout the medium-term under the baseline scenario. Total public debt is projected to increase somewhatin the near-term as, under unchanged policies, fiscal deficits remain large, before gradually declining as large debt-financed public projects are completed and forced fiscal adjustment occurs given financing constraints. As a frontier market, Zambia's high gross financing needs (peaking at 19 percent of GDP over the next three years), combined with wide EMBI spreads (1,575 basis points on June 11, 2019) and high domestic borrowing costs, expose it to significant market-financing risks. Despite the challenging fiscal situation, Zambia has remained current on all its debt obligations both domestic and external, and has not experienced a debt distress event. The authorities remain committed to prioritizing debt service payments and have identified resources to continue meeting debt obligations in the near-term. However, staff assess the risk of external and overall public debt distress for Zambia as very high at this juncture, and that a large upfront and sustained fiscal adjustment is essential to begin reducing debt vulnerabilities
    DOI: 10.1596/32572
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    Iraq Economic Monitor, Fall 2019 : Turning the Corner - Sustaining Growth and Creating Opportunities for Iraq's Youth (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 Iraq Economic Monitor provides an update on key economic developments and policies over the previous six months and presents findings from recent World Bank work on Iraq, placing them in a longer-term and global context and assessing the implications of these developments and other changes in policy regarding the outlook for Iraq. Its coverage ranges from the macroeconomy to business environment and private sector development. It is intended for a wide audience, including policy makers, business leaders, financial market participants, and the community of analysts and professionals engaged in Iraq
    DOI: 10.1596/32590
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    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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    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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    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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    Thailand - Assessment of Observance of the IOSCO Objectives and Principles of Securities Regulation (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 is an assessment of the Securities and Exchange Commission of Thailand (SEC) and, secondarily, of certain self-regulatory organizations (SRO) that participate in the regulation of the capital markets of Thailand. This assessment was conducted in February, 2019 as part of the Financial Sector Assessment Program (FSAP) conducted jointly by the International Monetary Fund (IMF) and the World Bank. The financial sector of Thailand shows strong growth and is dominated by banks, which are a major force in other components of the financial sector through separately licensed subsidiaries. The financial system's assets are equal to 259 percent of GDP (February 2018), with Thailand's 30 commercial banks (including 15 foreign branches or subsidiaries) holding 46 percent of financial sector assets and eight specialized (state-owned) financial institutions (SFIs) holding 15 percent. The three largest commercial banks account for 46 percent of banking sector assets, lower than that of its peer comparators. Banking sector growth, however, has been stagnant, growing to 156 percent of GDP (2018) from 153 percent (2012). Other segments of the financial sector have experienced higher growth in recent years. The market capitalization of the SET has grown to 104 percent of GDP (up from 67 percent of GDP in 2005, and from 37 percent of GDP in 2008). Insurance sector assets have grown from 10 percent of GDP in 2006 to over 22 percent of GDP in 2016
    DOI: 10.1596/32613
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  • 86
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    Bangladesh Climate-Smart Agriculture Investment Plan : Investment Opportunities in the Agriculture Sector's Transition to a Climate Resilient Growth Path (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: Bangladesh's agriculture ...
    DOI: 10.1596/32742
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  • 87
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    Improving the Investment Climate for Renewable Energy : Through Benefit Sharing, Risk Management, and Local Community Engagement (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Study
    Abstract: The report, a joint effort between the World Bank's Social Development Global Practice and International Finance Corporation (IFC) advisory services, is based on the idea that local engagement, for example, through benefit sharing, is an important way for better risk management and creating a more enabling environment for renewable energy development. It finds that the underlying causes of the conflicts are diverse, complex, and dynamic: influencing factors include historical struggles over poverty and inequality, land ownership, mistrust in public and private institutions, a lack of free, prior and informed consultations (FPIC) before investment flows into the region and oftentimes a missing legal framework for benefit sharing. The study provides recommendations on how to improve the investment climate for renewable energy and wind energy, in particular, through benefit sharing, risk management, and local community engagement. Integrating communities through FPIC or benefit sharing mechanisms is costly - but the cost of not integrating communities and of failed projects is even higher
    DOI: 10.1596/32748
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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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  • 89
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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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  • 90
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    Timor-Leste Economic Report, October 2019 : Unleashing the Private Sector (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: Following a two-year recession, economic activity is expected to recover in 2019. Public spending, which has traditionally been the key driver of economic growth, increased by 16 percent in the first half of 2019 when compared to the same period in 2018. Higher spending was predominantly focused on current expenditure, while capital spending was more subdued. Only a more dynamic private sector will enable the economy to grow faster and in a more sustainable way. Policy priorities for increasing firm performance include increasing firm access to finance, skills and affordable inputs, as well as easing firm entry and reducing regulatory uncertainty. Additional policy areas for reform may include the foreign direct investment (FDI) regime (affecting entry) and the insolvency and creditor rights system (affecting exit)
    DOI: 10.1596/32818
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    Nepal Development Update, December 2019 : Envisioning a Future Data Ecosystem in Federal Nepal (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 growth in Nepal remained robust, reaching 7.1 percent in FY2019. This is in contrast with past growth that averaged 4.1 percent a year between FY2007 and FY2016. The service sector accounted for 57 percent of the growth, and the agriculture sector contributed an additional 24 percent. Higher remittance inflows and a surge in tourist arrivals translated into higher growth in retail trade, real estate, transport, and hotel and restaurant services. Good monsoons and increased commercialization coupled with improved availability of fertilizers, seeds, and irrigation facilities contributed to higher paddy, maize, and wheat production. Higher remittances also supported increased private consumption, while private investment expanded because of regular electricity supply and greater political and policy stability. However, public investment contracted as post-earthquake housing reconstruction slowed and national pride projects like Melamchi water supply and Upper Tamakoshi hydroelectric were further delayed. Net exports continued to underperform
    DOI: 10.1596/32891
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  • 92
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    World Bank Knowledge Sharing and Reuse Incentive Framework (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 document presents an incentive framework aiming to improve knowledge sharing (KS) and reusing behaviors at the World Bank. Given the nature of the Bank's work, evidence suggests that effective and efficient knowledge sharing might be the biggest predictor of success. To approach KS in a holistic and evidence-based manner, past work was built on by assessing the psychological drivers of and barriers to knowledge sharing. The authors carried out a behavioral diagnostic which confirmed the existence of five key structural barriers to knowledge sharing that had been identified in previous World Bank work. This report presents these drivers, as well as the associated incentives, and readers will learn how to transform these insights into concrete actions to help their teams share knowledge better and more often, and ultimately to use KS to achieve better outcomes for their teams, the Bank, its clients, and partners
    DOI: 10.1596/32624
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  • 93
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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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    Enhancing Burkina Faso Regional Connectivity : An Economic Corridor Approach (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: Regional integration and international connectivity via economic corridors play an essential role in reducing the isolation of West Africa's landlocked countries such as Burkina Faso. Burkina Faso's main international corridors are the Ouagadougou-Lome road corridor connecting it to Togo, the Ouagadougou-Tema (Ghana) road corridor, and the Ouagadougou-Niamey (Niger) road corridor, as well as the Ouagadougou-Abidjan (Cote d'Ivoire) road and rail corridors. Each of the corridors plays a unique role in regional integration, national trade, and sub-national rural and urban development, by providing connectivity to consumption centers, economic production zones, and/or economically lagging areas. The national perspective suggests that the Ouagadougou-Lome corridor is very important for Burkina Faso's imports, serving as the artery for about 40 percent of all cargo entering the country, while the Ouagadougou-Abidjan road and rail corridors play an equally crucial role in allowing Burkina Faso's exports to reach global markets. The region's trunk road infrastructure is in fair-to-good condition on most sections, although large gaps remain on corridors such as the eastern link between Lome and Niamey. This study develops several scenarios of corridor interventions that address the inefficiencies to quantify the expected impacts in terms of real income growth and domestic market accessibility
    DOI: 10.1596/33040
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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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    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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  • 97
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    Air Pollution Management in Kosovo (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: Many cities in Kosovo suffer from poor air quality, with ambient concentrations of particulate matter with a diameter of 2.5 micrometers or less (PM2.5) significantly exceeding the national and European Union (EU) standards and global air quality guidelines for PM2.5 established by the World Health Organization (WHO). The air pollution in the capital city of Prishtina rivals that of big cities like Beijing, Mumbai, and New Delhi. Especially in winter, urban areas face severe smog episodes, caused by the increased demand for heat from the residential and commercial sector, which is mainly provided by burning solid fuels. Such levels of air pollution are unsafe for Kosovo's population of 1.9 million and cause significant deleterious health impacts. This report is one in a series of three reports on air quality management (AQM) in Kosovo, Bosnia and Herzegovina, and North Macedonia. It examines the nature and magnitude of ambient air pollution (AAP) in Kosovo. It provides estimates of the health burden and the economic cost associated with the health impacts of AAP, that is, PM2.5, in Kosovo. It also analyzes of the roles of various sources of PM2.5 emissions on ambient air quality in Kosovo at a national level. The institutional and policy framework for AQM in the country is examined, including contributions of other development institutions in supporting Kosovo in addressing air pollution. Furthermore, the report presents experiences of selected countries that have applied different policy, investment, and technical interventions for air pollution, prevention, reduction, and abatement. Finally, it provides recommendations for reducing air pollution in Kosovo
    DOI: 10.1596/33041
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    Air Pollution Management in North Macedonia (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: Air pollution is a significant problem in cities and urban centers in the Republic of North Macedonia. This report is one in a series of three reports on air quality management (AQM) in Bosnia and Herzegovina, Kosovo, and North Macedonia. It examines the nature and magnitude of ambient air pollution (AAP) in North Macedonia. It provides estimates of the health burden, and economic cost associated with the health impacts, of AAP, that is, particulate matter with a diameter of 2.5 micrometers or less (PM2.5) in North Macedonia. It also analyzes the roles of various sources of PM2.5 emissions on ambient air quality in North Macedonia at the national level. The institutional and policy framework for AQM in the country is examined, including contributions of other development institutions in supporting North Macedonia's efforts to address air pollution. Furthermore, the report presents experiences of selected countries that have applied different policy, investment, and technical interventions for air pollution, prevention, reduction, and abatement. Finally, it provides recommendations for reducing air pollution in North Macedonia. People in North Macedonia and living in the Balkans and Eastern Europe are typically breathing more toxic particulate air pollution than their neighbors in Western Europe. This is due to fewer air pollution reduction policies and more solid fuel heating and cooking (meaning many more residential wood and coal stoves) in Eastern European and Balkan countries compared to the rest of Europe. Western Europe has mostly moved away from coal-fired power plants (or at least has pledged to reduce coal consumption to meet climate goals), but in the Balkans and in Eastern Europe they are still widely in use. In fact, the Balkan region is home to many coal and lignite-fired units and to 7 of the 10 most polluting coal-fired power stations in Europe
    DOI: 10.1596/33042
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    Kazakhstan Economic Update, December 2019 : Sustaining Growth 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: Kazakhstan's economy in 2019 is expected to grow at a modest rate. But growth is expected to ease in 2020, with greater risks from the external environment and vulnerability to shocks. Recently, the economy expanded amid the slacking external environment. Policy stimulus has helped domestic demand, but structural weakness is constraining the economy from expanding further. Continuing with structural reforms is critical to sustain higher and more inclusive economic growth. The special topic of this report is Kazakhstan's export diversification. Trade plays an important role in Kazakhstan's development, and the country is positioned to benefit from the growing markets of China, Europe, and Central Asia. Trade offers opportunities for Kazakhstan's economic growth and for diversifying away from oil. The special topic section of this report highlights the fact that, although Kazakhstan has made progress in diversifying its export destinations, product quality outside commodities is still relatively low and has less than a fifty percent survival rate beyond the first year if a product was exported beyond the Eurasian Economic Union (EAEU) or Commonwealth of Independent States (CIS) markets. OECD data on trade in value added indicate that Kazakhstan's exporters used fewer imported inputs compared to a decade earlier, which suggests a declining participation in global value chains
    DOI: 10.1596/33066
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  • 100
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    China/Russia 2030 : Implications for the Horticulture Sector in Central Asia (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: In China, changing demographics, rising incomes and shifting consumer preferences have resulted in an ever-growing demand for food that is more varied, healthier and of higher quality and this demand is set to persist well into the future. According to International Monetary Fund projections (2019), by 2024, Chinese per capita gross domestic product (GDP, in current prices) will increase to dollar 28,450, from dollar 13,130 in 2019, and the population will increase to 1.5 billion people (United Nations, 2019). The projected urbanization rate will reach 67 percent by 2030, compared to 56 percent in 2015 (Goh and others, 2014). The growing number of consumers in China, that are increasingly more affluent and educated, will continue shifting their dietary preferences to include more protein, fruits and vegetables. Central Asian countries are well placed to be more competitive in satisfying fruit import demand in the growing Chinese markets and will reap economic and social development benefits along the way. For centuries, Central Asia has occupied a position of strategic importance in trade between the East and the West. The region's geographic location, natural resources, untapped yield potential, and the possibility of greater private sector investment through policy reform create the necessary preconditions for the Central Asian countries to increase their agricultural exports to China. As China places an important role on meeting its growing food needs on dynamic agricultural trade and investment cooperation with the Central Asian countries, this results in significant opportunities for the region to increase its presence in the Chinese fruit markets brought by improved infrastructure and higher cross-border investment. For example, according to the recent World Bank report (World Bank, 2019), Belt and Road Initiative transport projects are estimated to increase trade by up to 9.7 percent. Countries that have a comparative advantage in time-sensitive sectors, such as fresh fruits and vegetables, are expected to be the biggest winners
    DOI: 10.1596/33115
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