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  • World Bank  (1.094)
  • International Finance Corporation  (232)
  • Deininger, Klaus  (54)
  • Demirguc-Kunt, Asli  (53)
  • Foster, Vivien  (44)
  • Washington, D.C : The World Bank  (1.420)
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  • 1
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Public Environmental Expenditure Review
    Schlagwort(e): Access To Finance ; Adaptation To Climate Change ; Blended Concessional Finance ; Clean Energy ; Climate Investments ; Climate-Smart Agriculture ; Environment ; Finance and Financial Sector Development ; Green Housing ; Solar Power ; Waste-To-Energy
    Kurzfassung: The document collection focuses on the concept of blended finance for climate investments, emphasizing the need for innovative financial mechanisms to address climate change. It discusses the potential of blending public and private capital to mobilize investment in climate-related projects, aiming to achieve both environmental and financial returns. The collection explores various models and case studies to demonstrate the effectiveness of blended finance in driving sustainable development and combating climate change on a global scale
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  • 2
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource (234 pages)
    Paralleltitel: Erscheint auch als
    Schlagwort(e): Climate Action ; Formal Land Registries ; Land Institutions ; Land Policies ; Rural Transformation ; Sustainable Urbanization
    Kurzfassung: African countries' ability to create productive jobs and to effectively confront the challenges of climate change will depend on land policies that promote investment, market participation, and taxation of private land to be able to provide essential public goods and services. However, high cost of land registration together with unrealistic land use regulations and opaque public land management impede land and financial market functioning in much of Sub-Saharan Africa, undermining trust in the state, capacity for own source revenue generation, and agricultural intensification. This report discusses how African countries can take advantage of digital interoperability, remote sensing, and connectivity to reduce urban informality and improve the functioning of land and mortgage markets. This will strengthen the social contract, and provide growth-enhancing public services; recognize, demarcate, and register (digital) use rights to customary land to improve the functioning of rural factor markets; and sustainably manage public land in a way that is competitive and ensures continued provision of public goods to future generations
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  • 3
    Sprache: Englisch
    Seiten: 1 Online-Ressource (48 pages)
    Paralleltitel: Erscheint auch als Deininger, Klaus Land Institutions to Address New Challenges in Africa: Implications for the World Bank's Land Policy
    Schlagwort(e): Communities and Human Settlements
    Kurzfassung: Although land and associated property is a key part of national wealth and protecting rights to them is a key function of the state, Africa's formal land institutions often still operate on regulations that barely changed since colonial times, undermining public trust and leading to high levels of informality that make it difficult to underpin vibrant urban land and financial markets and control corruption, remove impediments to structural transformation posed by rural factor market imperfections to empower women, improve equity, and ensure sustainable management of public land. If an appropriate regulatory framework is in place, digital technology provides opportunities for African countries to broaden the range of rights that can be legally recognized, expand the type of contracts involving such rights that private parties and reduce associated enforcement costs, and provide local and global public goods. Institutions such as the World Bank can create momentum for reform through globally comparable monitoring and help harness these opportunities by focusing interventions on providing analytical support to establish the policy and institutional environment to (i) document and enforce rights at scale; (ii) regulate land markets to ensure competition and deliver public goods including price information, land use planning to coordinate investment and avoid externalities, and tax land value gains to support local public services; and (iii) reduce the transaction cost for private parties to enter and enforce contracts involving immovable property and the uses to which it is put
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  • 4
    Sprache: Englisch
    Seiten: 1 Online-Ressource (65 pages)
    Paralleltitel: Erscheint auch als Foster, Vivien The Impact of Infrastructure on Development Outcomes: A Qualitative Review of Four Decades of Literature
    Schlagwort(e): Development Impact of Infrastructure ; Digital Infrastructure ; Highway Impact on Development ; Human Capital Formation ; Impact of Electrification ; Information and Communication Technologies ; Ports and Development ; Reliability of Supply ; Rural Roads Impact on Development ; Social Development ; Transport Infrastructure Impact on Development
    Kurzfassung: Policy makers have long used investing in public infrastructure as a means of reducing geographical disparities and promoting growth. The goal of this paper is to provide insights to development practitioners on designing interventions to maximize the development impact of infrastructure. For this, the paper presents a systematic qualitative overview of the literature, covering more than 300 studies conducted between 1983 and 2022, focusing on specific infrastructure sectors, namely digital, energy, and transport. The study also considers various dimensions of development impact, including output and productivity, poverty and inequality, labor market outcomes, human capital formation, and trade, to develop a nuanced understanding of the mechanisms through which infrastructure contributes to these development outcomes, focusing on low- and middle-income countries. As such, it is the most substantive effort of its kind to date. Overall, despite some mixed results, the overwhelming balance of evidence suggests that infrastructure improvements are critical in supporting the development process. Studies on digital infrastructure show that firm productivity, employment, and welfare increase with the arrival of broadband internet coverage. In addition, the availability of mobile phones improves coordination between producers and traders and hence reduces the price dispersion of agricultural products. Turning to rural electrification, significant literature documents the positive impact of infrastructure on household welfare, structural transformation, and human capital formation through increased labor force participation, more time spent on education, and increased indoor air quality. Investments in the reliability of power supply also contribute to firms' productivity. However, studies based on randomized controlled trials have not tended to find a substantial short-term impact in the context of dispersed rural populations. Finally, there is rich literature on various transport infrastructure-to-development linkages, particularly for rural roads and for Sub-Saharan Africa. While households' income and consumption benefit from the existence of rural roads, highways are also found to contribute to firms' competitiveness. Similarly, public transportation, railways, and ports have positive impacts on the development process
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  • 5
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource (250 pages)
    Serie: Sustainable Infrastructure
    Paralleltitel: Erscheint auch als
    Schlagwort(e): Electric Mobility ; Electric Vehicle ; EV Adoption ; EV Capital Cost ; EV Environmental Impact ; EV Investment ; EV Operating Cost ; EV Policy ; EV Transition
    Kurzfassung: The Economics of Electric Vehicles for Passenger Transportation' provides answers to three critical questions: Why should developing countries pursue e-mobility? When does an accelerated transition to electric vehicles (EVs) make sense for developing countries? How can governments make this transition happen? A key finding from the research is that there is a strong economic case for EVs in many developing countries. This is news because, despite growing momentum and interest in the sector, 90 percent of EV sales are still concentrated in major markets such as China, Europe, and the United States. According to original models developed by the report's authors, developing countries can look to electric buses as well as to two- and three-wheeled vehicles as entry points to this critical transition. Readers will find many examples of countries already benefiting from e-mobility solutions. For example, Brazil, Chile, and India are leaders in electric bus fleets. Their progress, made possible by innovative financing and procurement practices,is improving mobility in cities, reducing local air pollution, and reducing congestion in fast-growing downtowns. Readers will also see examples from Asian and East African countries, which are embarking on battery-swapping schemes to lower upfront costs of ownership for two- and three-wheeled vehicles. Based on the unique modeling, analysis, and benchmarking of results across 20 developing countries--complemented by a compilation of actual organic and diverse experiences of developing countries with electric mobility adoption--this report provides policy guidance on how governments can accelerate EV adoption, and when and where it makes economic sense to adopt electric mobility more quickly. This report is a critical read for anyone interested in the future of transport and its links with development progress
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  • 6
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: 2201
    Schlagwort(e): Access To Finance ; Adaptation To Climate Change ; Carbon Emission Reduction ; City Development Strategies ; Climate Change Adaptation ; Climate Change Mitigation and Green House Gases ; Construction Materials ; Decarbonization ; Developing Countries ; Emerging Markets ; Environment ; Finance and Financial Sector Development ; Sustainable Construction ; Urban Development
    Kurzfassung: How developing countries meet their rising building needs will be pivotal to the world's climate future. The good news is that the projected emissions growth in construction value chains can be reduced significantly with the application of existing technologies, new financing instruments, and the implementation of appropriate policies. Even as emerging economies meet the rising demand for residential and commercial buildings, it is possible to reduce total emissions from the sector below today's level by 2035. To avoid perpetuating the status quo, decisive action is needed by policy makers, developers, construction material producers, financiers, and international development institutions. IFC is launching this report to guide international efforts to decarbonize construction value chains. Building Green: Sustainable Construction in Emerging Markets was prepared through close collaboration between IFC economists, investment officers, and building and constructionsector specialists. The report provides a comprehensive analysis of the challenges of reducing carbon emissions from construction value chains in developing countries, but also the considerable opportunities that willcome from mobilizing the estimated USD 1.5 trillion of investment required for this transition
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  • 7
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: 2128
    Schlagwort(e): Education Reform and Management ; Finance and Financial Sector Development ; Financial Data ; Financial Results ; Global Outlook ; IFC ; Information Technology
    Kurzfassung: This Management's Discussion and Analysis (MD and A) discusses the financial results of the International Finance Corporation (IFC or the Corporation) for the fiscal year ended June 30, 2023 (FY23). The MD and A contains forward looking statements which may be identified by such terms as "anticipates," "believes," "expects," "intends," "plans", "aims" or words of similar meaning. Such statements involve a number of assumptions and estimates that are based on current expectations, which are subject to risks and uncertainties beyond IFC's control. Consequently, actual future results could differ materially from those currently anticipated. IFC undertakes no obligation to update any forward-looking statements. Certain reclassifications of prior years' information have been made to conform with the current year's presentation
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  • 8
    Sprache: Englisch
    Seiten: 1 Online-Ressource (41 pages)
    Paralleltitel: Erscheint auch als Deininger, Klaus Land and Mortgage Markets in Ukraine: Pre-War Performance, War Effects, and Implications for Recovery
    Schlagwort(e): Agricultural Land Sales ; Agricultural Production ; Communities and Human Settlements ; Conflict and Development ; Credit Market ; Determinates of Land Price ; Finance and Financial Sector Development ; Impact of War on Markets ; Land Governance Reform ; Land Market ; Post War Reconstruction
    Kurzfassung: Almost throughout Ukraine's independent history, agricultural land sales were prohibited. Measures to allow them and make land governance more transparent in 2020/21 were expected to improve equity, investment, credit access, and decentralization. This paper draws on administrative data and satellite imagery to describe land market performance before and after the Russian invasion, assess changes in land use for transacted parcels, and analyze determinants of land prices. Agricultural land market volume soon exceeded that of residential land and continued at a reduced level and with prices some 15-20 percent lower even after the invasion, with little sign of speculative land acquisition. Mortgage market activity and credit access remained below expectations. The paper discusses reasons and options for addressing them in a way that also factors in the needs of post-war reconstruction
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  • 9
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource (31 pages)
    Paralleltitel: Erscheint auch als Bruhn, Miriam Government Support and Firm Performance during COVID-19
    Schlagwort(e): Covid-19 ; Disease Control and Prevention ; Employment ; Government ; Health, Nutrition and Population ; Pandemic ; Private Sector Development ; Private Sector Economics ; Social Protections and Labor
    Kurzfassung: This paper assesses the medium-run effects of government support to firms during the COVID-19 crisis and whether the effectiveness of this support varied with its timing. Using data from three rounds of the World Bank's Enterprise Surveys COVID-19 Follow-up Surveys carried out between May 2020 and April 2022, it relates government support in Round 1 (received in the first half of 2020) and Round 2 (received during the second half of 2020 or early 2021) with firm performance in Round 3 (generally mid-2021). Controlling for a host of background characteristics, firms that received support in Round 1 performed better in terms of Round 3 sales, but only if they did not have continued support. Firms that also received support in Round 2 had similar Round 3 sales as those that received no support and were more likely to decrease employment. Firms that received government support only in Round 2 experienced no boost in Round 3 performance. The findings suggest that government support should be provided promptly, but it should also be phased out quickly
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  • 10
    Sprache: Englisch
    Seiten: 1 Online-Ressource (59 pages)
    Paralleltitel: Erscheint auch als Foster, Vivien The Impact of Infrastructure on Development Outcomes: A Meta-Analysis
    Schlagwort(e): Digital Infrastructure Outcomes ; Energy Infrastructure Research ; ICT Infrastructure Research ; Information and Communication Technologies ; Infrastructure Elasticities ; Infrastructure Literature Meta-Analysis ; Infrastructure Policy Research ; Poverty Reduction ; Transport Infrastructure Outcomes
    Kurzfassung: This paper presents a meta-analysis of the infrastructure research done over more than three decades, using a database of close to a thousand estimates from 201 papers conducted between 1983-2022, reporting outcome elasticities. The analysis casts a wide net to include the transport, energy, and digital or information and communications technology sectors and the whole set of outcomes covered in the literature, including output, employment and wages, inequality and poverty, trade, education and health, population, and environmental aspects. The results allow for an update of the underlying parameters of interest, the "true" underlying infrastructure elasticities, accounting for publication bias, as well as for heterogeneity stemming from both study design and context, with a particular focus on policy relevant subsectors and developing countries
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  • 11
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: 2128
    Schlagwort(e): Energy Access ; Environment ; Finance and Development ; Finance and Financial Sector Development ; Innovation ; Public-Private Partnerships ; Science and Technology Development ; Technology ; Trade Finance
    Kurzfassung: IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets and developing economies. We work in more than 100 countries, using our capital, mobilization capacity, expertise, and influence to create jobs and raise living standards, especially for the poor and vulnerable. In fiscal year 2023, IFC committed a record 43.7 billion dollars to private companies and financial institutions in developing countries, leveraging the power of the private sector to improve people's lives as economies grapple with the impacts of global compounding crises
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  • 12
    Sprache: Englisch
    Seiten: 1 Online-Ressource (526 pages)
    Paralleltitel: Erscheint auch als
    Schlagwort(e): Agribusiness ; Agricultural Finance ; Agriculture ; Climate-Smart Agriculture ; Farmer Cooperatives ; Farmer Cooperatives Training ; Gender and Agriculture ; ICT4Ag ; Smallholder Agriculture ; Smallholder Farmers ; Smallholder Supply Chains ; Smallholders
    Kurzfassung: Smallholder farmers are the stewards of more than 80 percent of the world's farms. These small family businesses produce about one-third of the world's food. In Africa and Asia, smallholders dominate the production of food crops, as well as export commodities such as cocoa, coffee, and cotton. However, smallholders and farm workers remain among the poorest segments of the population, and they are on the frontline of climate change. Smallholder farmers face constraints in accessing inputs, finance, knowledge, technology, labor, and markets. Raising farm-level productivity in a sustainable way is a key development priority. Agribusinesses are increasingly working with smallholder farmers in low- and middle-income countries to secure agricultural commodities. More productive smallholders boost rural incomes and economic growth, as well as reduce poverty. Smallholders also represent a growing underserved market for farm inputs, information, and financial services. Working with Smallholders: A Handbook for Firms Building Sustainable Supply Chains (third edition) shows agribusinesses how to engage more effectively with smallholders and to develop sustainable, resilient, and productive supply chains. The book compiles practical solutions and cutting-edge ideas to overcome the challenges facing smallholders. This third edition is substantially revised from the second edition and incorporates new material on the potential for digital technologies and sustainable farming. This handbook is written principally to outline opportunities for the private sector. The content may also be useful to the staffs of governmental or nongovernmental development programs working with smallholders, as well as to academic and research institutions
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  • 13
    Sprache: Englisch
    Seiten: 1 Online-Ressource (176 pages)
    Serie: Sustainable Infrastructure
    Paralleltitel: Erscheint auch als
    Kurzfassung: Developing countries face massive infrastructure needs, but public spending on infrastructure is inadequate, and public investment has been declining in recent years. Rising debt levels and tightening fiscal and monetary conditions are putting further pressure on the funds available for infrastructure, heightening the importance of increasing the efficiency of infrastructure spending. Off the Books: Understanding and Mitigating the Fiscal Risks of Infrastructure shows that however governments deliver infrastructure-through direct public provision, state-owned enterprises (SOEs), or public-private partnerships (PPPs), the risk of fiscal surprises is high in both good times and bad. As a result, infrastructure service delivery often ends up costing significantly more than expected, eroding limited fiscal space for productive spending. This book makes a unique contribution by quantifying the magnitude and prevalence of fiscal risks from electricity and transport infrastructure and identifying their root causes across a range of low- and middle-income countries. Drawing on important new sources of evidence and compiling many others, the analysis sheds light on how much is at stake in the good governance of infrastructure sectors. It allows policy makers to weigh the magnitudes of different types of risks and examine how they vary across contexts. Off the Books shows how a deeper understanding of the fiscal risks of infrastructure can help policy makers target reforms to areas where they can be expected to have the greatest impact. It lays out a reform agenda for mitigating the fiscal risks associated with infrastructure based on building government capacity; adopting integrated public investment management and integrated fiscal risk management; improving fiscal and corporate governance of SOEs; and ensuring robust PPP preparation, procurement, and contract management. The book will be of enormous value to policy makers, practitioners, and academics who have an interest in infrastructure and fiscal policy
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  • 14
    Sprache: Englisch
    Seiten: 1 Online-Ressource (39 pages)
    Paralleltitel: Erscheint auch als Deininger, Klaus Impact of the Russian Invasion on Ukrainian Farmers' Productivity, Rural Welfare, and Food Security
    Schlagwort(e): Agricultural Production ; Agriculture ; Armed Conflict Impact on Agriculture ; Conflict and Development ; Credit Markets ; Farm Profitability ; Food Security ; Post Conflict Reconstruction ; Post-Conflict Agricultural Reconstruction ; Rural Impact of War ; Rural Welfare
    Kurzfassung: Data from 2,251 small and medium-size farms for 2021 and 2022 show that area reductions in response to the Russian invasion of Ukraine remained limited. However, worsening terms of trade reduced farm profitability, implying that 46 percent of farms had a negative cash flow and 54 percent (67 percent in the 50-120 hectare group) were credit constrained in 2022, implying that longer term effects may be more adverse. Total factor productivity varies significantly across size groups but is not significantly different between formal and informal farms in the same size group. This suggests that limited transferability of land use rights that are disproportionately used by smaller farms may be one reason for low productivity. Improving transferability of land, digital access to markets, and mortgage lending could thus trigger investment and growth in higher value products by small and medium-size farms to solidify Ukraine's comparative advantage in agriculture and improve rural living conditions in the context of reconstruction
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  • 15
    Sprache: Englisch
    Seiten: 1 Online-Ressource (47 pages)
    Paralleltitel: Erscheint auch als Cull, Robert Digital Payments and the COVID-19 Shock: The Role of Preexisting Conditions in Banking, Infrastructure, Human Capabilities, and Digital Regulation
    Schlagwort(e): Covid-19 Lockdown ; Covid-19 Shock ; Digital Divide ; Digital Infrastructure ; Digital Payment ; Finance and Financial Sector Development ; Financial Inclusion ; ICT Policy and Strategies ; Information and Communication Technologies
    Kurzfassung: Treating data collected pre- and post-COVID-19 as a quasi-experiment, this paper examines the importance of presumed enablers and safeguards in driving the observed expansion of digital payments and digital financial inclusion. The analysis interacts drivers of digital payment usage with a country-specific proxy of the severity of the COVID-19 shock, leveraging variation in both the drivers and the quasi-treatment (the COVID-19 shock) to identify the parameters. Although regulation of banks and digital economic activity were correlated with digital payments before and during the pandemic, the capabilities of users and connectivity (to electricity, the internet, and mobile telephony) were responsible for increased use of digital financial services in response to the shock. An interpretation is that governments and the private sector were able to overcome underdeveloped banking systems and weak regulation of the digital economy, but only where there was adequate digital infrastructure, connectivity, and a high share of the population that understood and could make use of digital payments
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  • 16
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Private Sector Development, Privatization, and Industrial Policy
    Schlagwort(e): Adaptation To Climate Change ; Business Environment ; COVID-19 ; Environment ; Private Sector ; Private Sector Development ; Private Sector Economics ; Resilience
    Kurzfassung: This Country Private Sector Diagnostic (CPSD) comes at a challenging yet opportune juncture for Fiji to rebuild a more diverse and resilient economy amid the lingering impacts of COVID-19. Fiji recorded its strongest period of gross domestic product (GDP) growth (since achieving independence in 1970) in the decade leading up to COVID-19, underpinned by rising productivity and investment, improved political stability, and a booming tourism sector. However, the shocks of COVID-19 and a series of natural disasters, Tropical Cyclone (TC) Harold and TC Yasa, have been devastating for Fiji's economy, bringing widespread production disruptions and job losses. The increasing frequency of these weather events has also complicated Fiji's economic development strategy and plans. Fiji's real GDP declined by 15.2 percent in 2020 and is estimated to have contracted a further 4.0 percent in 2021, with the long-term ramifications of the COVID-19 pandemic on the economy yet to be fully seen. These shocks have also exacerbated some of Fiji's long-standing structural vulnerabilities, including the economy being vulnerable to repeated climate-related shocks, its lack of sectoral diversification, and sluggish private sector job growth (particularly among youth and women). In this context, the CPSD approach for Fiji to 'build back better' revolves around four key interrelated pillars: (1) unlocking new sectoral sources of growth beyond tourism; (2) strengthening economic and climate resilience; (3) leveraging Fiji's potential as an economic hub in the Pacific region; and (4) creating inclusive employment opportunities
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  • 17
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Private Sector Development, Privatization, and Industrial Policy
    Schlagwort(e): Access To Finance ; Agribusiness ; Agriculture ; Business Environment ; COVID-19 ; Emerging Markets ; Energy Sector ; Livestock ; Private Sector ; Private Sector Development ; Private Sector Economics ; Special Economic Zones
    Kurzfassung: Until the onset of the coronavirus disease 2019 (SARS-CoV2) COVID-19 pandemic and despite the deteriorating security situation, Mali's economic growth averaged five percent since 2014, on par with its long-term potential. Mali's fragile state status has also taken a toll on economic activity and social welfare by reducing access to markets, threatening food security, and degrading human capital indicators. With an increasing debt burden resulting in limited fiscal space to address persistent security risks and to combat the COVID-19 pandemic, the government of Mali is compelled to refocus the role of the state and unleash the potential of the private sector to boost productivity growth, to diversify the economy away from a narrow base, and to ensure inclusive economic and social welfare for all Malians. The growth model will be readdressed around energizing investment, creating resilient markets, and building back better for a more resilient recovery via (a) improving the business environment; (b) crowding-in private participation in the delivery of infrastructure and certain public services; (c) ensuring that remaining state-owned enterprises and private firms compete on equal terms - that is, upholding competitive neutrality principles; (d) expanding public-private partnerships in key sectors, through transparent and competitive procurement; and (e) leveraging digital solutions by further enhancing digital infrastructure that would, in turn, increase the uptake of digital financial services and digital platforms for key sectors of the economy, such as agriculture, and digitize government services (e-government)
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  • 18
    ISBN: 9781464818974
    Sprache: Englisch
    Seiten: 1 Online-Ressource (202 pages)
    Paralleltitel: Erscheint auch als
    Kurzfassung: The fourth edition of Global Findex--the world's most comprehensive database on financial inclusion--offers a lens into how people accessed and used financial services during COVID-19, when mobility restrictions and health policies drove increased demand for digital services of all kinds. Published every three years since 2011, Findex is the only global demand-side data source allowing for global and regional cross-country analysis to provide a rigorous and multidimensional picture of how adults save, borrow, make payments, and manage financial risks. Findex 2021 data were collected from national representative surveys of about 130,000 adults in more than 120 economies. The latest edition includes new series measuring financial health and resilience and contains more granular data on digital payments adoption, including merchant and government payments. The Global Findex is an indispensable resource for financial service practitioners, policy makers, researchers, and development professionals--
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  • 19
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Private Sector Development, Privatization, and Industrial Policy
    Schlagwort(e): Business Environment ; Climate Change ; Climate Change Economics ; COVID-19 ; Economic Growth ; Energy ; Macroeconomics and Economic Growth ; Poverty Reduction ; Private Sector Development ; Private Sector Economics ; Water
    Kurzfassung: Diamonds have been at the center of Botswana's growth miracle for decade - but the urgency to diversify is stronger than ever. Although Botswana's economy has undergone transformation over the past decades, the shift has been largely into non-tradable services, with limited gains in employment, income equality, and export diversification. In addition, Botswana's high vulnerability to climate change, which affects all major sectors of the economy, underscores the need to strengthen Botswana's response to climate factors as a basis for renewed, sustainable growth. A positive growth outlook and steps taken as part of the Coronavirus disease 2019 (COVID-19) crisis response should give the government new impetus to accelerate reforms. Success in diversifying the economy will depend on the decisive implementation of structural measures to increase private sector participation in nonmineral exports and transformative sectors. The dominant role that the government of Botswana still plays in large parts of the economy, particularly through its footprint as a shareholder in companies in the corporate sector, is a critical constraint that inhibits the entry and success of private sector participants. Gaps in infrastructure, access to finance, and skills are additional key constraints to employment and productivity growth. A coordinated approach to financing entrepreneurship and policies to increase uptake of digital finance can help close the gap. Trade barriers are another key cross-cutting constraint for the private sector, and a greener path for the economy can be unlocked by facilitating improved trade in environmental goods and services (EGS). Three key recommendations for the energy sector are as follows. The first recommendation is the fast tracking of instruments to facilitate investment in energy infrastructure development, including independent power producer (IPP) licensing, and procurement guidelines and processes. The second recommendation is the enhancement of the institutional capacity and governance model of the Botswana Energy Regulatory Authority (BERA). The third recommendation is the development of credit-enhancement and risk-mitigation strategies and supporting instruments to attract and mobilize private sector investment
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  • 20
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Women in Development and Gender Study
    Schlagwort(e): Decision Making ; Gender ; Gender and Economics ; Sustainability
    Kurzfassung: This report makes the case for greater gender diversity on Sri Lanka's corporate boards and in senior management by highlighting the value propositions of such diversity for companies, communities, and ultimately the country. Diversity is about more than just gender, ethnicity, or religion. However, this report focuses primarily on promoting gender diversity in the workplace, particularly in the corporate boardroom and among senior management. Empirical evidence from around the world shows the importance and value of gender diversity in improving firms' overall performance, including but not limited to financial performance. Gender diversity among business leaders typically leads to better decision-making processes and better monitoring and strategy involvement. The business case for gender balance at the top goes beyond financial performance. Extensive research shows that having more women in business leadership positions leads to higher environmental, social, and governance standards, with a particularly clear connection when women achieve a critical mass of about 30 percent on company boards. Companies with enhanced environmental, social, and governance standards also perform better on critical metrics: stronger internal controls and management oversight, reduced risk of fraud or other ethical violations, positive workplace environment, greater stakeholder engagement, and improved reputation and brand. Therefore, having a more gender-balanced board and leadership team contributes to stronger environmental, social, and governance performance, which, in turn, leads to better business performance. Ultimately, diversity is about ensuring companies' competitiveness, performance, and long-term sustainability
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  • 21
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Private Sector Development, Privatization, and Industrial Policy
    Schlagwort(e): Agribusiness and Markets ; Business Environment ; Business in Development ; Global Value Chains and Business Clustering ; Private Sector Development ; Rural Development
    Kurzfassung: This Country Private Sector Diagnostic (CPSD) investigates the potential for greater private sector investment to meet some of Uganda's development challenges. At least 600,000 Ugandans enter the labor market every year, making for a workforce that is increasingly younger and urban based. To address the country's simultaneous productivity and job challenge requires a focus on growth in sectors that can leverage demand from abroad, are labor intensive, and low skilled. Three sectors hold promise in this regard: agribusiness, which is important for productivity, employment, and export growth; energy as an enabler of overall productivity; and housing because of its role in fueling growth in the labor-intensive construction sector and alleviating the demographic pressures that rapid urbanization puts on Ugandan cities. Within the agribusiness sector, the CPSD considers three of the most promising value chains-fish, dairy, and maize-and undertakes a more disaggregated assessment of the environment for private investment
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  • 22
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Private Sector Development, Privatization, and Industrial Policy
    Schlagwort(e): Agribusiness ; Business Environment ; Emerging Markets ; Innovation ; Private Sector ; Private Sector Development ; Private Sector Economics
    Kurzfassung: Despite a challenging transition period and a string of adverse shocks, in recent decades Albania has made major strides in raising per capita income and integrating into the world economy. A dynamic private sector has become the engine of Albania's economic development, and its increasing role continues to offer opportunities for expanding the country's economic base and promoting faster and more diversified export-oriented growth. Albania is endowed with considerable economic assets, including a strategic geographical position, exceptional natural beauty, and abundant renewable and nonrenewable resources. A politically stable environment, improving governance indicators, and a record of dependable macroeconomic policies have supported the process of European Union (EU) accession, which offers a wide array of opportunities for the development of the Albanian private sector. Because a small domestic labor pool and consumer market limit the potential for economies of scale, sustaining Albania's economic expansion will require intensifying its integration with the global economy. Despite decades of progress, Albania continues to face serious structural and policy challenges. The country's economic expansion has not been matched by commensurate improvements in productivity. In this context, the World Bank Group has prepared the following country private sector diagnostic (CPSD) to assist the authorities in their efforts to leverage Albania's geographic location, natural assets, and improved institutional and policy framework to promote diversification, competitiveness, and robust private-sector-led growth. The analysis highlights the importance of improving the business environment while stepping up investments in technology and innovation. The report explores three critical sectors for accelerating and diversifying growth: agribusiness and food processing, tourism, and automotive manufacturing
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  • 23
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Private Sector Development, Privatization, and Industrial Policy
    Schlagwort(e): Business in Development ; Gender ; Gender and Economic Policy ; Governance ; Private Sector Development ; Private Sector Economics ; Unemployment
    Kurzfassung: Honduras has significant investment potential, with ample productive resources, a solid industrial base, a market-oriented reform agenda, a strategic location with access to many international markets, and a growing labor force. The country's young and growing population is yielding a demographic dividend, which presents new opportunities for economic growth and diversification, especially in the service sectors such as business-process outsourcing (BPO) and in development of digital financial services (DFS). Honduras's rich endowment of resources and improving business climate have attracted rising levels of private investment, and the country achieved the second highest tradeto-GDP ratio in the Latin America and the Caribbean region prior to COVID-19 crisis. However, large-scale investment and trade have yet to generate rapid economic growth and robust poverty reduction. The public and private sectors will both play vital roles in Honduras's economic recovery. Ongoing targeted support will be necessary to address the health and humanitarian consequences of the pandemic, mitigate the resulting increase in poverty and inequality, and support the resumption of economic activity. This Country Private Sector Diagnostic (CPSD) is designed to help guide Honduras's private sector development agenda in this challenging and rapidly evolving context
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  • 24
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Mobility and Transport Connectivity
    Schlagwort(e): Electric Power ; Energy ; Energy Production and Transportation ; Environment ; Green Issues ; Urban Development ; Electric Vehicles ; Low and Middle Income Countries (LMICs) ; Public Transport ; Transport Sector ; Electric Mobility
    Kurzfassung: Electric mobility has garnered growing interest and significant momentum across several major global markets, often motivated by transport sector decarbonization. Together, Europe, China, and the United States account for more than 90 percent of the world's electric vehicle fleet. For many OECD countries, electric mobility is seen primarily as a lever for transport sector decarbonization, given that many of the other relevant policy options have already been exhausted. This report finds that electric mobility is also increasingly relevant for low- and middle-income countries. As of today, electric mobility for passengers is a comparative rarity across low- and middle-income countries (LMICs). In some of the LMIC leading markets, such as Brazil, India, and Indonesia, electric vehicles account for less than 0.5 percent of total sales. There are signs that this situation is changing. India, Chile, and Brazil are leading the way in electrifying their bus fleets in their largest cities by introducing innovative financing practices and improved procurement practices. Battery swapping schemes are taking off in Asian and East African countries to lower the upfront cost of two-and three-wheelers. Original modeling for this report suggests that established global policy targets, such as 30 percent of new passenger vehicles to be electric by 2030, will make economic sense for many LMICs under a wide range of possible scenarios
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  • 25
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Other papers
    Schlagwort(e): Law and Development ; Social Conflict and Violence ; Social Development ; Social Protections and Labor ; Work and Working Conditions
    Kurzfassung: Workplace violence and harassment is pervasive, and it affects all countries, occupations, and work arrangements. This problem comprises a range of unacceptable behaviors that result in, or threaten physical, psychological, sexual, or economic harm, including gender-based violence and harassment. Between 2020 and 2022, the International Finance Corporation (IFC) conducted a study to better understand the prevalence and impact of violence and harassment on employees and businesses in Sri Lanka. This research covered workplace experiences and behaviors, and how these affect employees. The findings presented in this report will be used to develop tools and resources to help companies prevent and address violence and harassment connected with the workplace. The findings demonstrate the importance of employers' measures to address workplace violence and harassment, including through implementing measures that are consistent with International Labour Organization Convention 190 on Violence and Harassment
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  • 26
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Private Sector Development, Privatization, and Industrial Policy
    Schlagwort(e): Beef ; Business Environment ; Forestry ; Private Investment ; Private Sector ; Private Sector Development ; Private Sector Economics ; Rural Development ; Small and Medium Size Enterprises ; Sugar ; Trade Facilitation
    Kurzfassung: Eswatini is facing multiple challenges. It was already experiencing weak economic growth before the COVID-19 pandemic, a reflection of longstanding, deeply rooted issues such as fiscal unsustainability, declining private investment, weakening productivity and competitiveness, and falling export diversification and complexity, compounded by the impact of climate shocks. It shifted from a private investment-led higher-growth model to a government spending-led lower-growth model after the end of apartheid in South Africa. With weak investment in productive sectors, Eswatini's job market failed to keep pace with an expanding, younger labor force, leading to a large informal sector. Eswatini's public sector-driven growth model is unsustainable under current fiscally constrained conditions, and there is a need to reduce and reprioritize public spending. An assessment of existing sectoral data and consultations with Eswatini's private sector and policy makers suggest that four sectors can help drive the export-led private sector growth model. To return to an export-led growth model, Eswatini needs to increase export competitiveness by advancing regulatory reforms and improvements in trade logistics that include regional collaboration to address trade facilitation constraints. Finally, given the country's vulnerability to climate risks, policies to foster economic resilience amid extreme weather events (mainly droughts that affect agriculture) and improve disaster preparedness need to be pursued. The private sector must adapt to this challenge and work with the government to improve climate resilience
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  • 27
    Sprache: Englisch
    Seiten: 1 Online-Ressource (41 pages)
    Paralleltitel: Erscheint auch als Deininger, Klaus How Urban Land Titling and Registry Reform Affect Land and Credit Markets: Evidence from Lesotho
    Schlagwort(e): Communities and Human Settlements ; Credit Market ; Economic Development and Land Rights ; Equity ; Equity and Development ; Formal Land Market ; Gender ; Gender and Land Rights ; Land Administration ; Land Information Systems ; Land Rights ; Land Titling ; Law and Development ; Law and Equality ; Lesotho Land Administration Reform Project (LARP) ; Property Rights ; Systematic Land Registration ; Urban Land Policy Reform
    Kurzfassung: Using spatial fixed effects and time-varying controls, this paper draws on complete registry data for 1981-2019, supplemented by satellite imagery, to analyze impacts of urban land titling for some 40,000 grid cells in Lesotho. Beyond confirming the short-term impacts on female co-ownership and investment, previously reported, the paper documents medium-term impacts on land sale and mortgage market activity and women's participation in these markets. Although titling was instrumental in ensuring the effectiveness of an earlier legal reform that allowed women to be co-owners of land, the credit and land market effects are due not to titling but to changes in policy to reduce the transaction cost of registering land that took effect just before titling started. Downward shifts in the time required to register transactions support this interpretation. The paper concludes by discussing what the evidence implies for design and evaluation of property registration programs
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  • 28
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Private Sector Development, Privatization, and Industrial Policy
    Schlagwort(e): Agribusiness ; Agricultural Sector Economics ; Agriculture ; Covid-19 ; General Manufacturing ; Industry ; Information and Communication Technologies ; Information Technology ; Private Sector Development ; Private Sector Economics
    Kurzfassung: Sri Lanka is a country of paradoxes. With the lowest poverty rates, best social indicators, and highest per capita income in South Asia, Sri Lanka's economic performance since independence had generally been hailed as a success before the current debt crisis. However, past performance occurred amidst many distortions and an economy less open than its peers, largely reflecting the strong involvement of the state in the economy. Even if this interventionist model of economic policy and the presence of many state-owned enterprises (SOEs) served the country well through the years of conflict and their aftermath, it is no longer sustainable. Indeed, after the rapid growth of the peace dividend in the years post-2009, the economy has faltered and progress on social indicators has stagnated. Many of market distortions remain and have been exacerbated by COVID-19. Understanding how, despite these handicaps, Sri Lanka achieved positive economic and social outcomes in the past provides the building blocks of a realistic, forward-looking growth strategy, one of the objectives of this Country Private Sector Diagnostic (CPSD). The research for this report was conducted prior to the current crisis, but the recommendations remain relevant to implementing public policies that will support private sector-led inclusive and sustainable growth
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  • 29
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Women in Development and Gender Study
    Schlagwort(e): Energy ; Gender ; Gender and Economics ; Industry ; Social Aspects of Climate Change ; Social Development
    Kurzfassung: Transitioning to a low-carbon economy is critical to the sustainability of the planet. A recent World Bank report found that increasing demand for clean energy technologies can increase demand for minerals such as graphite, lithium, and cobalt by nearly 500 percent by 2050. Even though the authors expect recycling rates to go up in the future, mining will still be required to supply critical minerals: the shift to a low-carbon future will be mineral-intensive, and mining will remain a critical industry. It is in this context that the World Bank Group established the climate-smart mining initiative (CSM), which is sustained by a partnership between industry and country governments. The initiative supports the sustainable extraction, processing, and recycling of the minerals and metals that are needed for low-carbon technologies. The concept is built upon four pillars: (i) climate mitigation; (ii) climate adaptation; (iii) reducing material impacts; and (iv) creating market opportunities
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  • 30
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Private Sector Development, Privatization, and Industrial Policy
    Schlagwort(e): Foreign Trade Promotion and Regulation ; Free Trade ; Private Sector Development ; Productivity ; Science and Technology Development ; Trade
    Kurzfassung: Chile has long had a strong private sector that has enjoyed an accommodating and supportive policy environment. The imperative of building a green, knowledge-based, inclusive economy will inevitably continue to rely on the private sector playing a potent role as a partner in development. In an environment constrained by lower growth and productivity, Chileans are demanding access to better opportunities and improved services. The current constitutional process is an opportunity to set the stage for the private sector to be a stronger partner in building a more inclusive society and an innovative, productive, and greener economy. For this to happen, this country private sector diagnostic (CPSD) argues that three avenues will be essential: enhancing productivity, building a knowledge-based economy through more support to innovation, and upgrading skills for greater inclusion and innovation
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  • 31
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Private Sector Development, Privatization, and Industrial Policy
    Schlagwort(e): Agribusiness ; Agriculture ; Energy ; Finance and Financial Sector Development ; Housing Finance ; Private Investment ; Private Sector ; Private Sector Development ; Private Sector Economics ; Renewable Energy
    Kurzfassung: Since achieving independence in 1990, Namibia's remarkable growth has been fueled by foreign direct investment and enabled by prudent economic management. Since 2016, however, growth has declined steadily and the economy fell into recession, exposing the vulnerability of Namibia's economic growth model to external and climate shocks. These challenges were exacerbated by the Coronavirus (COVID-19) pandemic, an economic slowdown in neighboring South Africa, worsening terms of trade on the back of declining global demand and commodity prices, a decline in Southern African Customs Union (SACU) revenues, and the effects of crippling droughts on agricultural and industrial production. Namibia has very high levels of poverty and inequality, which are largely driven by high levels of unemployment. The primary objective of this Country Private Sector Diagnostic (CPSD) is to identify near and medium-term reform opportunities to revitalize the private sector and help reposition Namibia's growth on a green, resilient, and inclusive trajectory. This CPSD explores priority reform opportunities to address five cross-cutting bottlenecks: (1) enhancing the role and performance of the state-owned enterprise (SOE) sector through a more effective competition policy environment; (2) strengthening implementation of the public-private partnership (PPP) framework to expand private investments, especially in infrastructure; (3) leveraging the potential for digital transformation of the economy; (4) addressing inefficiencies in logistics and trade facilitation; and (5) tapping opportunities in the water sector for green and resilient growth. The diagnostic then looks in depth at three sectors prioritized by the Namibian government - renewable energy, climate-smart agribusiness, and housing, and provides recommendations for reducing sector-specific bottlenecks to stimulate growth potential
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  • 32
    Sprache: Englisch
    Seiten: 1 Online-Ressource (60 pages)
    Paralleltitel: Erscheint auch als Deininger, Klaus Quantifying War-Induced Crop Losses in Ukraine in near Real Time to Strengthen Local and Global Food Security
    Schlagwort(e): Agricultural Production ; Agriculture ; Armed Conflict ; Conflict ; Conflict and Development ; Food Security ; Machine Learning ; War
    Kurzfassung: This paper uses a 4-year panel (2019-2022) of 10,125 village councils in Ukraine to estimate direct and indirect effects of the war started by Russia on area and expected yield of winter crops. Satellite imagery is used to provide information on direct damage to agricultural fields; classify crop cover using machine learning; and compute the Normalized Difference Vegetation Index (NDVI) for winter cereal fields as a proxy for yield. Without conflict, winter crop area would have been 9.14 rather than 8.38 mn. ha, a 0.75 mn. ha reduction, 86% of which is due to economy-wide effects. The estimated conflict-induced drop in NDVI for winter cereal, which is particularly pronounced for small farms, translates into a 15% yield reduction or an output loss of 4.2 million tons. Taking area and yield reduction together suggests a war-induced loss of winter crop output of 20% if the current winter crop can be harvested fully
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  • 33
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Energy Study
    Schlagwort(e): Energy ; Energy Consumption ; Energy Demand ; Energy Finance ; Energy Markets ; Energy Sector
    Kurzfassung: Kakuma as a marketplace, a 2018 consumer and market study of Kakuma refugee camp in northwest Kenya, estimates that Kakuma camp and its hosting community have 2,100 refugee-owned businesses and are worth 56 million dollars based on household consumption. This study provides information for businesses in the energy sector to help them assess opportunities for providing or expanding energy services in the Kakuma and Kalobeyei areas; it also provides insights to inform International Finance Corporation (IFC) interventions. The study maps the supply of and demand for energy for lighting, cooking, and productive use among households and businesses in the camp and examines the regulatory environment affecting the energy sector
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  • 34
    Sprache: Englisch
    Seiten: 1 Online-Ressource (40 pages)
    Paralleltitel: Erscheint auch als Demirguc-Kunt, Asli Protect Incomes or Protect Jobs? The Role of Social Policies in Post-Pandemic Recovery
    Schlagwort(e): Cash Transfers ; Economic Intervention Effectiveness ; Employment and Unemployment ; Job Protection Measures ; Job Retention ; Labor Market Policy ; Labor Markets ; Labor Policies ; Pandemic Stimulus Effectiveness ; Post-Pandemic Economic Recovery ; Social Protection ; Social Protections and Labor ; Unemployment Insurance
    Kurzfassung: This paper examines the effectiveness of income protection and job protection policies for the post-pandemic economic recovery of the second half of 2020 through 2021. The paper is based on a new data set of the budgets of social protection programs implemented as a part of the pandemic stimulus package in 154 countries. The empirical analysis shows that, in the short run, higher expenditure on job protection measures is associated with more robust gross domestic product growth, increased employment, and decreased inactivity and poverty rates compared to the expansion of income protection programs. Both policies had a significant economic impact only in countries with weaker pre-pandemic social insurance systems. In countries with broader coverage of the social insurance system, the income and job protection programs appear to have had a limited impact on post-pandemic recovery. Because the structural economic changes induced by the pandemic are expected to materialize fully in several years, more research is needed to understand the longer-term effects of job protection and income protection policies on labor markets and economic recovery
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  • 35
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Other Agricultural Study
    Schlagwort(e): Access To Finance ; Agricultural Irrigation and Drainage ; Agriculture ; Asset Management ; Finance and Financial Sector Development ; Financial Structures
    Kurzfassung: The demand for more efficient use of land and water resources to enable farmers to produce food using climate-resilient processes continues to grow in the face of a growing global population and the impacts of climate change and other shocks such as Coronavirus (COVID-19). Although irrigation has been widely promoted as important for productivity and resilience, it has not been sufficiently expanded. Large, well-established irrigation projects developed by public institutions and select private sector projects play an important role in providing access to irrigation, but they are insufficient to meet need. In parallel, farmers have been developing effective small-scale irrigation (SSI) options that include a range of technologies, financing methods, and operating models. International Finance Corporation (IFC) and the International Fund for Agricultural Development (IFAD) are global organizations focused on promoting resilient agriculture and food system transformation. This handbook takes a practical approach in guiding its target readers, which comprise policy makers, governments and government agencies, private sector actors, and development institution partners, on how to deliver effective design and operation strategies, combined with financing models, to implement and sustainably expand use of irrigation
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  • 36
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource (35 pages)
    Paralleltitel: Erscheint auch als Demirguc-Kunt, Asli Global Bank Lending under Climate Policy
    Schlagwort(e): Carbon Emmision Reduction Policy ; Climate Change ; Climate Change Economics ; Climate Change Mitigation and Green House Gases ; Climate Change Policy and Regulation ; Climate Policy Index ; Environment ; Environmental Performance ; Foreign Subsidiary Banks ; Global Banks Environmental Performance ; Green Capital Investment ; Macroeconomics and Economic Growth ; Public Sector Development
    Kurzfassung: What is the response of bank foreign subsidiaries to climate policy in their host countries This paper finds that global banks with high environmental performance increase their presence in countries after local authorities strengthen their climate-related actions. Through their foreign subsidiaries, these banks expand their credit by 4.6 percent following an increase of one-standard deviation in the host country's climate policy index. Importantly, the paper does not find evidence that banks with low environmental scores exit in response to climate initiatives. The findings show that strengthening climate policy might be a win-win strategy for policymakers in addition to addressing carbon emission reduction, climate-related initiatives also appear to attract foreign capital from lenders with strong preferences for green assets
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  • 37
    Sprache: Englisch
    Seiten: 1 Online-Ressource (28 pages)
    Paralleltitel: Erscheint auch als Print Version: Deininger, Klaus Investment Impacts of Gendered Land Rights in Customary Tenure Systems: Substantive and Methodological Insights from Malawi
    Kurzfassung: Compared with the vast literature on the investment and productivity effects of land rights formalization, little attention has been paid to the impact of variation in individuals' tenure security under customary tenure regimes. This is a serious gap not only because most of Africa's rural land is held under informal arrangements, but also because gradual erosion of long-term rights by women and migrants is often an indication of traditional systems coming under stress. Using a unique survey experiment in Malawi, the analysis shows that (i) having long-term land rights of bequest and sale has a significant impact on investment and cash crop adoption; (ii) women's land rights of bequest and sale, joint with local institutional arrangements, can amplify the magnitude of such effects; and (iii) the effects found here can be obscured by measurement error associated with traditional approaches to survey data collection on land ownership and rights
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  • 38
    Sprache: Englisch
    Seiten: 1 Online-Ressource (64 pages)
    Paralleltitel: Erscheint auch als Print Version: Oughton, Edward J Policy Choices Can Help Keep 4G and 5G Universal Broadband Affordable
    Kurzfassung: The United Nations Broadband Commission has committed the international community to accelerate universal broadband, but the cost of meeting these objectives in the context of rapid technological change are not well understood. Using scenario analysis, this paper compares the global cost-effectiveness of different infrastructure strategies for the developing world to achieve universal 4G or 5G mobile broadband. Utilizing remote sensing and demand forecasting, least-cost network designs are developed for eight representative low- and middle-income countries (Malawi, Uganda, Kenya, Senegal, Pakistan, Albania, Peru, and Mexico), which provide the basis for aggregation to the global level. The cost of meeting UN Broadband Commission targets across the developing world is estimated at USD 1.6-1.7 trillion over the next decade, approximately 0.5-0.6% of annual gross domestic product for the developing world over the next decade. However, by creating a favorable regulatory environment, governments can bring down these costs by as much as three-quarters - to USD 0.5 trillion (around 0.15 percent of annual gross domestic product) - and largely avoid the need for public subsidies. While 4G technology remains somewhat more cost-effective at the global scale, 5G NSA can sometimes prove less costly at the national level, particularly for countries with relatively low existing coverage of 4G technologies, and a tendency to be capacity-constrained in terms of demand. Providing that governments make judicious choices, adopting fiscal and regulatory regimes that are conducive to lowering costs, universal broadband may be within reach of most developing countries over the next decade
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  • 39
    Sprache: Englisch
    Seiten: 1 Online-Ressource (32 pages)
    Paralleltitel: Erscheint auch als Print Version: Ali, Daniel Ayalew Does Title Increase Large Farm Productivity? Institutional Determinants of Large Land-Based Investments' Performance in Zambia
    Kurzfassung: Despite accounts of increasing large farm penetration in Africa and an active debate on the differential potential of smallholder versus large farms to satisfy Africa's food requirements, evidence on the extent and performance of different farm types remains limited. A census and subsequent representative survey of 3,000 large farms in Zambia, one of the African countries with the highest share of large farms, allows characterizing the impact of institutional arrangements on large farms' establishment and productive performance. While policies rather than exogenous price shocks seem to have driven large farm expansion, average productivity is not different from small farms and title has no impact on productivity, investment, or credit access, most likely because the transferability of titles remains limited, undermining the suitability of such land as collateral. Significant effects of title on self-reported land prices point toward land being acquired for speculative purposes, suggesting that a tax on titled land, together with improved land service delivery might be a desirable policy option
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  • 40
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Other papers
    Schlagwort(e): Finance and Development ; Finance and Financial Sector Development ; Non Bank Financial Institutions ; Private Investment ; Transparency
    Kurzfassung: Blended concessional finance is the combination of concessional funds from development partners with commercial finance from development finance institutions (DFIs) and private sources. These resources can be used strategically to help mitigate risk in challenging emerging markets and attract private investment where it otherwise would not go. It can be an important source of finance to help reach the Sustainable Development Goals (SDGs) and address the economic challenges brought on by Coronavirus (COVID-19). This report examines IFC's two decades of experience supporting pioneering projects with blended concessional finance. The report addresses issues such as why and when concessional finance is appropriate to support private sector projects; the key transparency, access, and governance processes required to implement projects efficiently and effectively; the principles for selecting and structuring projects; how to use blended concessional finance to invest in lower-income countries; and the different ways of structuring concessional finance facilities used by DFIs
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  • 41
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource (42 pages)
    Paralleltitel: Erscheint auch als Print Version: Bruhn, Miriam Competition and Firm Recovery Post-COVID-19
    Schlagwort(e): Business Cycles and Stabilization Policies ; Competitiveness and Competition Policy ; Coronavirus ; COVID-19 ; Creative Destruction ; Disease Control and Prevention ; Economic Recovery ; Enterprise Survey ; Firm Competition ; Government Support ; Health, Nutrition and Population ; Macroeconomics and Economic Growth ; Pandemic Response ; Private Sector Development ; Private Sector Economics ; Productivity
    Kurzfassung: This paper examines the impact of the COVID-19 crisis on the reallocation of economic activity across firms, and whether this reallocation depends on the competition environment. The paper uses the World Bank's Enterprise Surveys COVID-19 Follow-up Surveys for about 8,000 firms in 23 emerging and developing countries in Europe and Central Asia, matched with 2019 Enterprise Surveys data. It finds that during the COVID-19 crisis, economic activity was reallocated toward firms with higher pre-crisis labor productivity. Countries with a strong competition environment experienced more reallocation from less productive to more productive firms than countries with a weak competition environment. The evidence also suggests that reallocation from low- to high-productivity firms during the COVID-19 crisis was stronger compared with pre-crisis times. Finally, the analysis shows that government support measures implemented in response to the crisis may have adverse effects on competition and productivity growth since support went to less productive and larger firms, regardless of their pre-crisis innovation
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  • 42
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Women in Development and Gender Study
    Schlagwort(e): Access To Finance ; Finance and Financial Sector Development ; Gender ; Gender and Economic Policy ; Gender Monitoring and Evaluation ; Macroeconomics and Economic Growth ; Private Sector Development
    Kurzfassung: Nigeria is the largest economy in Africa, and it is projected to have the fifth largest population in the world by 2026. The gender gap is particularly acute in Nigeria, and three market failures stand out: (1) a persistent gender gap at the company leadership level; (2) lack of access to finance for women who want to start a business; and (3) women's limited access to markets through supply chains and procurement opportunities. The International Finance Corporation (IFC) and Nigerian Exchange Limited (NGX) have joined forces to rally some of the largest Nigerian companies to increase women's participation in private sector development. Through the Nigeria2Equal initiative, IFC is working with the chief executive officers (CEOs) of companies listed on NGX that are committed to implementing gender-smart solutions to reduce gender gaps across leadership, employment, and entrepreneurship. Through the Nigeria2Equal initiative, IFC is working with the chief executive officers (CEOs) of companies listed on NGX that are committed to implementing gender-smart solutions to reduce gender gaps across leadership, employment, and entrepreneurship. By conducting market research and publishing studies such as this report, IFC is establishing the business case for the private sector to invest in women in Nigeria, and are helping companies to identify gaps and constraints, and invest in reducing those gaps
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  • 43
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Investment Climate Assessment
    Schlagwort(e): Information and Communication Technologies ; Macroeconomics and Economic Growth ; Telecommunications
    Kurzfassung: The expansion of telecommunications services to unserved and underserved areas is key to reduce the digital connectivity gap. In order to do so, it is important to explore innovative and cost-efficient technologies and business models. Telecom Energy Services Company (TESCOs) offer solutions for powering and managing telecom companies' networks in off-grid and bad-grid areas in chapter one. International Finance Corporation (IFC) is seeking to contribute to the growth and development of innovative solution providers for telecom sites located in areas with little to no access to electricity by providing insights into the growth perspectives of the TESCO market globally in chapters two and three. IFC presents a market segmentation framework based on current business models in chapter four. The report then examines the typical commercial arrangements and key drivers which influence the bankability of TESCOs in chapter five. IFC also estimates the total amount of financing needed in order to address the pressing need for connectivity in unserved and underserved areas and acts as a call to action to stakeholders in the industry and in the financing community to work towards bridging this important connectivity gap. The five sections covered in this report represent the key dimensions required to assess the investment opportunity for TESCOs
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  • 44
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Women in Development and Gender Study
    Schlagwort(e): Gender ; Gender and Economic Policy ; Macroeconomics and Economic Growth ; Private Sector Development ; Small and Medium Size Enterprises
    Kurzfassung: Small and medium enterprises (SMEs) make up a large part of Kenya's economy, accounting for approximately 98 percent of all businesses. SMEs are found in all sectors of the economy, they are estimated to contribute about 80 percent of total employment in Kenya, and they play a central role in Kenya's economic growth. Women's ownership of formal SMEs is low, comprising only about one third of registered SMEs. Women-owned and led SMEs (WSMEs) face structural barriers in growing their businesses due to their limited access to: finance, business networks and connections, and market information. Consequently, these barriers limit WSMEs' ability to access new markets, such as procurement contracts with private sector Buyers. In 2020, IFC established Sourcing2Equal, a global program that aims to connect 5,000 WSMEs to private procurement opportunities by 2023. The first project under the program is in Kenya. This report examines the barriers that Kenyan SMEs face in accessing private procurement contracts, and if there are differences based on whether companies are owned by women, men, or owned jointly by women and men. Analysis of survey data from 571 SMEs, and interviews with 14 corporate Buyers in Kenya, provide unique data on gender gaps in the participation of SMEs in corporate supply chains, and it reveals emerging practices that are aiming to increase the procurement of goods and services from WSMEs. The sample of formally registered SMEs was selected from a defined population in business membership organizations' databases, rather than from a national census dataset. Due to the potential risk of homogeneity in the sample, the statistically significant results of this study should not be assumed to be representative of the whole SME population
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  • 45
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Other Financial Sector Study
    Schlagwort(e): Access To Finance ; Employment and Unemployment ; Job Creation ; Poverty Reduction ; Private Sector Development ; Small and Medium Size Enterprises ; Social Protections and Labor
    Kurzfassung: This report presents an updated methodology to estimate the number of SME jobs created as a result of SME loans.5 It analyzes job multipliers across developing countries through a firm-level regression of annual employment change on loan size. Put simply, the framework presented here analyzes the relationship between the size of loans to SMEs and the jobs these enterprises create. This methodology builds on previous papers that found an association between access to finance and job growth, including Ayyagari and others (2016),6 and draws on data from the World Bank Enterprise Survey (ES) and IFC's own "tracer surveys" to develop a new SME jobs multiplier that would allow for the estimation of job creation effects that correlate with SME loan size.7 The use of tracer surveys has enabled IFC to analyze how the SME customers of a particular IFC partner financial institution have benefited from greater access to finance and generated positive developmental impacts such as greater SME growth, productivity, and female ownership
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  • 46
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Country Partnership Frameworks
    Kurzfassung: South Africa was hard-hit by the Coronavirus Disease 2019 (COVID-19) pandemic. The social impact of the crisis has also been high. Since 2019, the Government of South Africa (GoSA) has embarked on a new socio-economic transformation program. This crisis has forced the Government to make difficult policy choices to restore macroeconomic stability, deal with the health and socioeconomic crisis, accelerate growth and make it more inclusive. In line with the Government priorities and those presented in the SCD, the central tenet of this Country Partnership Framework (CPF) is to help South Africa continue to tackle its Apartheid legacy of socio-economic exclusion, currently complicated by the COVID-19 pandemic. The CPF's overarching goal is to support SA in stimulating investment and job creation to achieve economic and social convergence for an inclusive and resilient society
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  • 47
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Other papers
    Schlagwort(e): Artificial Intelligence ; ICT Applications ; ICT Policy and Strategies ; Information and Communication Technologies ; Science and Technology Development ; Technology Innovation
    Kurzfassung: Artificial intelligence (AI) - the science of making machines act in rational, intelligent ways is rapidly making inroads into business operations and society. AI is already being applied in many areas of our lives, with high penetration in financial services followed by e-commerce, healthcare, education, agriculture, and manufacturing. Emerging markets can benefit significantly from AI: Its applications are providing new ways to leapfrog infrastructure gaps and solve pressing development challenges in critical sectors. This report explores the latest AI applications and trends in emerging markets and includes several examples of how AI is expanding opportunities and contributing to the achievement of the Sustainable Development Goals. It also sheds light on how investors, clients, and governments can harness its full potential while minimizing its risks, when managed effectively and with safeguards in place, AI can facilitate private investment to reduce poverty and improve lives at a pace inconceivable only a decade ago
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  • 48
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Women in Development and Gender Study
    Schlagwort(e): E-Commerce ; Gender ; Private Sector Development
    Kurzfassung: The rapid digital transformation underway in Southeast Asia has the potential to have an equally transformative impact on women entrepreneurs. Although Southeast Asia boasts a higher incidence of women entrepreneurs compared to men, women-owned (WO) businesses tend to be smaller, have lower average sales, and have fewer employees. advances in disruptive technologies do not always translate into advances in gender equality, and to date there is limited research that has addressed women's participation or success on e-commerce platforms. This report seeks to close this knowledge gap with the first large-scale, sex-disaggregated analysis of e-commerce sellers in Southeast Asia and to shed light on the following key questions: (1) how are women entrepreneurs participating and performing in e-commerce?; (2) what are the opportunities and challenges for women entrepreneurs selling on e-commerce platforms?; and (3) is there a business case for e-commerce platforms to invest in women entrepreneurs? To answer these questions, the research team conducted in-depth interviews with sellers, as well as global and regional e-commerce experts; undertook surveys of representative samples of men and women sellers in Indonesia and the Philippines; and conducted an analysis of data from Lazada, one of the region's largest e-commerce platforms
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  • 49
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Women in Development and Gender Study
    Schlagwort(e): E-Commerce ; Gender ; Private Sector Development
    Kurzfassung: The rapid digital transformation underway in Africa has the potential to have an equally transformative impact on women entrepreneurs. Although Africa boasts a higher incidence of women entrepreneurs compared to men, women-owned (WO) businesses across the continent tend to be smaller, have lower average sales, and have fewer employees. The exponential growth of e-commerce in Africa presents an opportunity to close gender gaps by opening more markets to WO enterprises. Advances in disruptive technologies do not always translate into advances in gender equality, and to date, there is limited research that has investigated women's participation or their success on e-commerce platforms. This report seeks to address this knowledge gap with the first large-scale, sex-disaggregated analysis of e-commerce sellers in Africa and to shed light on the following key questions: (1) how are women entrepreneurs participating and performing in e-commerce?; (2) what are the opportunities and challenges for women entrepreneurs selling on e-commerce platforms?; and (3) is there a business case for e-commerce platforms to invest in women entrepreneurs? To answer these questions, the research team conducted in-depth interviews with sellers, as well as global and regional e-commerce experts; undertook surveys of representative samples of men and women sellers in Cote d'Ivoire, Kenya, and Nigeria; and conducted an analysis of data from Jumia, one of the region's largest e-commerce platforms
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  • 50
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Private Sector Development, Privatization, and Industrial Policy
    Schlagwort(e): Accommodation and Tourism Industry ; Emerging Markets ; Equity and Development ; Industry ; Information and Communication Technologies ; Poverty Reduction ; Private Sector Development ; Transport
    Kurzfassung: The Jordan Country Private Sector Diagnostic (CPSD) is a joint International Finance Corporation (IFC)-World Bank report that highlights the constraints as well as the opportunities facing the private sector in Jordan. It considers three sectors-tourism, logistics, and information and communication technology (ICT) - and the potential they offer for greater private sector contributions to the Jordanian economy, as well as the obstacles that they face from general or sector-specific policies and regulations. The CPSD also offers concrete recommendations to address some of these constraints. Although this report was largely prepared prior to the COVID-19 outbreak, its analysis and recommendations remain as, if not more, valid in the context of the pandemic and of an eventual recovery. A dynamic and resilient private sector is necessary if Jordan is to break the low-growth, high-unemployment trajectory it finds itself in today. The CPSD argues that tackling some of the major obstacles facing the private sector is essential to firm performance, investment, and productivity. These actions are as critical in times of crisis and especially afterwards to pave the way for a vigorous and sustainable recovery. Similarly, the sectors assessed by the CPSD continue to hold promise for the country. The pandemic has underscored the important role that digitalization, a strong ICT infrastructure, and supportive services have in creating a resilient economy and business continuity. E-commerce and logistics capabilities and services are an area put forward by the CPSD as an opportunity for Jordan in the coming years; they have boomed during the current crisis and are expected to be one of the post-pandemic growth sectors. Conversely, tourism, which had been experiencing a strong rebound in Jordan over the past few years, is one of the sectors hardest hit across the globe by the COVID-19 crisis. In Jordan the sector accounts for about 19.2 percent of gross domestic product and 32 percent of exports. Crafting a strategy that effectively addresses the many obstacles that prevent the tourism sector from attaining its potential is a necessary investment for a strong recovery - and a good use of what is likely to be a transitional period until travel re-commences
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  • 51
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Women in Development and Gender Study
    Schlagwort(e): Finance and Development ; Finance and Financial Sector Development ; Gender ; Gender and Economics
    Kurzfassung: This report makes a case for greater gender diversity on Kazakhstan corporate boards (including the board of directors and management board). Empirical evidence from around the world shows the importance and value of gender diversity in improving firms' overall performance, including but not limited to financial performance. Gender diversity among business leaders typically leads to balanced decision-making processes, better monitoring and strategy involvement, and greater attention to environmental, social, and governance (ESG) issues to foster sustainability. This report analyzes the relationship between board gender diversity (defined as having at least 30 percent women on the board of directors) and the financial performance of Kazakhstan joint-stock companies (JSCs). For this purpose, a series of financial and gender indicators were collected from the data of the Bureau of National Statistics of the Agency for Strategic Planning and Reforms of the Republic of Kazakhstan, the Depository of Financial Statements and the Register of State Enterprises and Institutions, Legal Entities with the State Participation in the Authorized Capital of the Ministry of Finance of the Republic of Kazakhstan, Central Securities Depository, et cetera In total, the study includes financial and non-financial information from 788 JSCs between 2017-2019
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  • 52
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Other Agricultural Study
    Schlagwort(e): Agribusiness ; Agricultural Sector Economics ; Agriculture ; Macroeconomics and Economic Growth
    Kurzfassung: In recent years, there has been a growing interest in investments from the government, development partners and the private sector in integrated development/growth corridors and other spatial development initiatives, where coordinated investments in transport infrastructure, power, communications and markets are expected to create conditions to unleash Papua New Guinea's undoubted agricultural potential. Growth corridor strategies are increasingly invoked to coordinate public and private investment around strategic backbone infrastructure in developing countries. Investments in soft and hard infrastructure to promote investment in processing zones or out-grower schemes and facilitate multi-stakeholder dialogue aim to overcome coordination failures and bottlenecks related to market linkages or producer-relations to secure supply chains. This paper discusses the model of growth corridors as a tool for inclusive agricultural development in Papua New Guinea. It provides corridor and other spatial development approaches in terms of i) their geographical scope, ii) their objectives and iii) their governance mechanisms, the driving force behind the corridor initiative. Finally, it analyzes the potential and the needs of how the Markham and Ramu valleys can be a role model for an agricultural transformation in Papua New Guinea
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  • 53
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Other Infrastructure Study
    Schlagwort(e): Information and Communication Technologies ; Information Technology ; Science and Technology Development ; Technology Innovation
    Kurzfassung: Coronavirus disease 2019 (COVID-19) has made the digital revolution more important than ever. A strong entrepreneurial ecosystem is essential for digital revolution. This report assesses entrepreneurship ecosystems in Central America and provides a series of recommendations. The assessment was carried out in four countries of Central America - Costa Rica, El Salvador, Guatemala, and Honduras - and combined a set of analytical instruments. It included an analysis of firm-level micro-data, an analysis of public programs and intermediary organizations to support entrepreneurship, focus groups, and an online survey of more than 2,000 firms on technology use. The findings and the corresponding recommendations also cover challenges that make it difficult for small and medium enterprises (SMEs) to digitalize their operations and for start-ups in general
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  • 54
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Investment Climate Assessment
    Schlagwort(e): Accommodation and Tourism Industry ; Environment ; Foreign Direct Investment ; Foreign Trade Promotion and Regulation ; Industry ; Land Tenure ; Tourism and Ecotourism
    Kurzfassung: This Guide is designed to provide information that may be of help to potential tourism investors in navigating the process of investing in land for the purpose of tourism development in Solomon Islands
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  • 55
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Private Sector Development, Privatization, and Industrial Policy
    Schlagwort(e): Agribusiness ; Business Environment ; Business in Development ; Energy Sector ; Private Sector Development ; Private Sector Economics
    Kurzfassung: The Country Private Sector Diagnostic (CPSD) is a joint IFC-World Bank diagnostic that aims to make concrete recommendations for crowding-in private sector investment and financing in client countries. The CPSD analyzes the country context, including the state of the private sector, and identifies cross-cutting as well as sector-specific opportunities and constraints. The analysis presented in the Mozambique CPSD will feed into various upcoming World Bank Group (WBG) engagement reports for the country, including the IFC country strategy and the WBG Systematic Country Diagnostic (SCD). Similarly, it is expected that the CPSD will be of interest to the government, the private sector, and other development partners. Policy makers in Mozambique can take advantage of the CPSD to undertake reforms for improving the opportunities for private sector investment in priority economic sectors. The CPSD seeks to provide answers to the main development questions for private sector development in Mozambique, including which traded sectors, beyond extractives, have the most potential to drive growth and productive employment, and what reforms are needed to support this change
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  • 56
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Private Sector Development, Privatization, and Industrial Policy
    Schlagwort(e): Agribusiness ; Business Environment ; Business in Development ; Emerging Markets ; Energy Sector ; Private Sector ; Private Sector Development ; Private Sector Economics
    Kurzfassung: Malawi is at a turning point in its political, social, and economic trajectory. Lazarus Chakwera was sworn in as Malawi's sixth president in June 2020. This marked a historic moment: the first time in Africa that an opposition candidate won a presidential election following initial results being overturned. After widespread unrest prior to the election, Malawians, especially the youth, have been demanding greater accountability, an end to corruption, and tangible progress on eradicating persistent poverty levels that exceed 70 percent of the population. The average gross national income (GNI) of a Malawian is the third lowest in the world, just USD 380 as of 2019. The Chakwera administration will need to find a way to unify the country's fractured political landscape and deliver on development promises. On top of these challenges, the new administration must also navigate the ongoing and evolving economic shocks of the COVID-19 pandemic. Gross domestic product (GDP) growth expectations for 2020 have been lowered from 4.8 percent to 0.8 percent. Recent efforts to build fiscal and institutional resilience have helped but need to be strengthened. The pandemic's fallout has weakened the country's macroeconomic foundations, and the overall risk of debt distress is now high. Meanwhile, human capital gains are at risk. Poverty reduction is expected to stagnate, and overall poverty could potentially worsen. The pandemic will likely exacerbate existing inequalities in economic opportunities for women. Women-owned firms, for example, are primarily concentrated in informal agriculture and services, sectors that lack basic social protections to buffer against economic distress. Female farmers, for example, generally have lower access to productive inputs, information, and liquidity than male farmers, so in times of crisis, their farm productivity and food security can be hit harder
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  • 57
    Sprache: Englisch
    Seiten: 1 Online-Ressource (49 pages)
    Paralleltitel: Erscheint auch als Print Version: Ali, Daniel Ayalew Using Registry Data to Assess Gender-Differentiated Land and Credit Market Effects of Urban Land Policy Reform: Evidence from Lesotho
    Kurzfassung: Since 2010, Lesotho has implemented legal and institutional changes to allow female land ownership, established a new land agency, reduced the cost of registering land, and carried out systematic urban land titling. Analysis using administrative data shows that these reforms triggered discontinuous and sustained changes in quality of service delivery, female land ownership, and registered land sales and mortgage volume. Land and credit market activation is, however, exclusively due to policy reforms. While (subsidized) systematic land registration allows women to access documented land rights, these effects may not be sustained without further regulatory change, highlighting the importance of reducing fees and streamlining processes to improve urban land and financial market functioning as a key precondition for Africa's expected wave of urbanization translating into productive cities and jobs
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  • 58
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Other Poverty Study
    Kurzfassung: The COVID-19 (coronavirus) pandemic and its economic and social effects on households have created an urgent need for timely data to help monitor and mitigate the social and economic impacts of the crisis and protect the welfare of Nigerian society. To monitor how the COVID-19 pandemic is affecting the economy and people of Nigeria and to inform policy interventions and responses, the National Bureau of Statistics with technical support from the World Bank implemented the Nigeria COVID-19 National Longitudinal Phone Survey (COVID-19 NLPS). This brief presents findings from the seventh and ninth rounds of this survey which was conducted between January 9 and 25, 2021 respectively
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  • 59
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Other papers
    Schlagwort(e): Capital Markets and Capital Flows ; Corporate Social Responsibility ; Environment ; Finance and Financial Sector Development ; Green Issues ; International Financial Markets ; Mutual Funds ; Non Bank Financial Institutions ; Private Sector Development ; Social Accountability ; Social Development
    Kurzfassung: Impact investing has seen a boost in popularity during the COVID-19 (coronavirus) pandemic due to increased awareness of climate change and social challenges such as unequal access to healthcare and racial and gender inequality. In 2020, the market saw an increasing level of maturity compared to 2019 with more assets being invested with identifiable impact management systems. This report covers impact investments by privately owned funds and institutions, and by publicly owned development finance institutions and development banks. It includes all investments with an intent for impact and identifies a core which have impact management systems to provide a credible contribution to impact and measurement of impact. Intent, contribution and measurement are the key attributes which differentiate impact investing from other forms of sustainable or responsible investing. In total, the report identifies a total of 2.3 trillion Dollars being invested for impact in 2020. This is equivalent to about 2 percent of global AUM. Impact investing remains a small market niche, but one that is attracting growing interest. Additionally, the report shares findings on broader trends relating to investing for impact, including opportunities in publicly traded assets. IFC's report is the most comprehensive assessment so far of the size of the global impact investing market. Findings from the report are based on publicly available information and verifiable data from selected proprietary databases
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  • 60
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Other papers
    Schlagwort(e): Business Cycles and Stabilization Policies ; Coronavirus ; COVID-19 ; Disease Control and Prevention ; Emerging Markets ; Gender ; Health, Nutrition and Population ; Insurance ; Macroeconomics and Economic Growth ; Private Sector Development ; Private Sector Economics ; Trade
    Kurzfassung: Coronavirus disease 2019 (COVID-19), which began as a health crisis in early 2020, has rapidly evolved to become an unprecedented economic crisis affecting global, national, and regional economies and billions of individuals around the world. This report analyzes the widespread implications of the crisis on industry sectors, businesses, individuals, families, and communities. It closely examines evidence and data from business sectors and segments of society that may face challenging paths to recovery, including the most vulnerable firms and individuals in emerging markets that are likely to experience continuing hardship and specific difficulties coping with the crisis. And it highlights opportunities for the private sector to respond, to support a vigorous recovery and to build back better. The first section of the report, chapters 1 to 5 addresses issues that cut across sectors, as well as ways the development community can join with the private sector to help impacted communities and sectors recover and rebuild. The second section, chapters 6 to 9 focus on sector-specific responses to the crisis. The final section, chapters 10 to 12 attends to gender inequities, how they have been aggravated by the crisis, and potentially effective remedies
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  • 61
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Private Sector Development, Privatization, and Industrial Policy
    Schlagwort(e): Access To Finance ; Agribusiness ; Business Environment ; Emerging Markets ; Human Capital ; Private Sector Development ; Private Sector Economics
    Kurzfassung: The report is organized as follows: the first part gives an overview of recent economic and private sector trends, followed by an in-depth review of the cross-cutting constraints that affect private sector participation. The CPSD recommends putting a special focus on resolving three types of constraints: (a) deep-rooted governance issues (especially as they relate to policy unpredictability, red tape, and the uneven playing field in key sectors of the economy); (b) infrastructure bottlenecks, focusing on transport connectivity and energy; and (c) limited and poorly functioning factor markets for human capital, access to finance, and land. The second part lays out opportunities and policy options to strengthen competitiveness in agribusiness, apparel, and tourism. The three sectors reviewed are deemed to hold a high potential for job creation and growth and have been prioritized by the PEM and by the private sector stakeholders and development partners consulted for the report. The review puts a lens on addressing gender gaps, policies to promote sustainability, and opportunities to increase the impact of information and communication technology (ICT) as an enabler for development, where relevant
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  • 62
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Women in Development and Gender Study
    Schlagwort(e): Employment ; Finance and Development ; Finance and Financial Sector Development ; Gender
    Kurzfassung: There is a strong business and economic case for increasing women's representation in companies' leadership, globally, and especially in Africa. In 2019, the International Labor Organization (ILO) conducted a worldwide survey on the impact of gender diversity initiatives on 13,000 enterprises. In the study, ILO found that approximately 90 percent of companies track the quantitative impact of gender diversity initiatives around promoting women in management, and of those nearly 74 percent saw an increase in profits of between 5 and 20 percent. Given how critical the financial services sector is to economic growth, to help accelerate its progress, International Finance Corporation (IFC) launched several initiatives to better understand the opportunities and constraints to increasing the recruitment, retention, and promotion of women. In Tanzania, for example, IFC's finance2equal gender program is working in partnership with a selection of companies to reduce gender gaps in the financial services sector through research, peer learning, and firm-level support. Under this initiative, the study summarized in this report investigates gaps in workplace policies and practices as well as differences in the roles of women and men and makes recommendations to reduce gender gaps
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  • 63
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Water Papers
    Schlagwort(e): Environment ; Water Conservation ; Water Resources ; Water Resources Management
    Kurzfassung: The Trishuli Assessment Tool is a standardized methodology for sampling freshwater aquatic biodiversity in hydropower projects. This tool was developed to: 1) strengthen the collection of aquatic biodiversity data for environmental impact assessments (EIAs) and international-level environmental and social impact assessments (ESIAs); and 2) provide a simple yet standardized method for the long-term monitoring of aquatic biodiversity in relation to hydropower projects. The tool was developed by a group of 30 international and Nepalese aquatic scientists at a workshop in 2019 and tested during a field survey in 2020. It provides a field sampling methodology for three focal groups of aquatic biodiversity: fish, macroinvertebrates, and periphyton as indicators of overall aquatic biodiversity. This field manual provides guidance for implementing the Trishuli assessment tool in the rivers of Nepal and other Himalayan regions. The manual is applicable to all types of hydropower projects (HPPs), from small run-of-river to larger peaking projects because all of them have some impact on the aquatic environment
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  • 64
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource (41 pages)
    Paralleltitel: Erscheint auch als Print Version: Demirguc-Kunt, Asli Effects of Public Sector Wages on Corruption: Wage Inequality Matters
    Kurzfassung: The paper uses a new country-level, panel data set to study the effect of public sector wages on corruption. The results show that wage inequality in the public sector is an important determinant of the effectiveness of anti-corruption policies. Increasing the wages of public officials could help reduce corruption in countries with low public sector wage inequality. In countries where public sector wages are highly unequal, however, raising the wages of government employees could increase corruption. These results are robust to a wide range of empirical model specifications, estimation methods, and distributional assumptions. The relation persists when controlling for latent omitted variables, using the share of contracts in the private sector as an instrument for the public-private wage differential. Combining increases in public sector wages with policies affecting the wage distribution could help policy makers design cost-effective programs to reduce corruption in their countries
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  • 65
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource (84 pages)
    Paralleltitel: Erscheint auch als Print Version: Berger, Allen N Banking Research in the Time of COVID-19
    Schlagwort(e): Bailouts ; Banking Sector ; Bankruptcy and Resolution of Financial Distress ; Business Cycles and Stabilization Policies ; Capital Markets and Capital Flows ; Coronavirus ; COVID-19 ; Disease Control and Prevention ; Finance and Financial Sector Development ; Financial Crises ; Financial Regulation and Supervision ; Global Financial Crisis ; Health, Nutrition and Population ; Macroeconomics and Economic Growth ; Tarp
    Kurzfassung: Despite the devastating worldwide human and economic tolls of the COVID-19 crisis, it has created some positive economic and financial surprises and opportunities for research. This paper highlights two such favorable surprises -the shortest U.S. recession on record and the avoidance of any banking crisis-and a number of research opportunities. The paper ties the "economic surprise" of the short recession to the speed and size of U.S. stimulus programs during COVID-19-faster and larger than for the Global Financial Crisis (GFC). It connects the "financial surprise" of the resilient banking sector to prudential policies put in place during and after the GFC that fortified U.S. banks prior to COVID-19. These twin "surprises" are also mutually reinforcing-if either the economy or banking system had failed, so would the other. The paper also reviews extant COVID-19 banking research and suggests paths for future research. It recommends that particular attention be paid to research outside of the U.S.-where fewer favorable "surprises" may be present-as the best way to advance knowledge in this area
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  • 66
    Sprache: Englisch
    Seiten: 1 Online-Ressource (40 pages)
    Paralleltitel: Erscheint auch als Print Version: Foster, Vivien Understanding Drivers of Decoupling of Global Transport CO2 Emissions from Economic Growth: Evidence from 145 Countries
    Schlagwort(e): Carbon Dioxide Emissions ; Climate Change Mitigation ; Climate Change Mitigation and Green House Gases ; Economic Growth ; Energy ; Energy Demand ; Environment ; Greenhouse Gas Emissions ; Macroeconomics and Economic Growth ; Transportation Sector
    Kurzfassung: This paper examines the extent to which countries have succeeded in decoupling transport emissions from economic growth, and how changes in emissions intensity, economic growth, and population growth have contributed to changes in transportation-related emissions. The paper employs a modified version of the Tapio decoupling model, and demonstrates that over the 1990-2018 study period only 12 of 145 countries achieved "absolute decoupling," defined as reducing emissions while growing gross domestic product. The majority of the top emitters remain in a "relative decoupling" state, with emissions growing more slowly than gross domestic product. Many of the middle- and low-income countries have not achieved decoupling; their emissions are growing as fast as or faster than gross domestic product. To understand the driving factors of transport-related carbon emissions, the paper conducts index-decomposition and an econometric analysis. The results reveal that while transportation emission intensity has declined in most countries, economic growth and population growth have offset these declines. If these patterns continue, achieving the goals of the Paris Agreement with improvements in efficiency alone seems unrealistic. The paper also shows evidence that higher energy prices are associated with strong emissions reduction
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  • 67
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Other Financial Sector Study
    Schlagwort(e): Business Environment ; Emerging Markets ; Human Migrations and Resettlements ; Private Sector Development ; Private Sector Economics ; Social Development ; Voluntary and Involuntary Resettlement
    Kurzfassung: The International Finance Corporation (IFC) commissioned a consumer and market study to explore economic activities, employment trends, consumption levels, and consumer preferences of refugees and host communities in Uganda's largest refugee-hosting areas in the Southwest and West Nile regions. The study covers a gap in existing research on the economic situations of forced displacement, which is often conducted from a humanitarian perspective and rarely offers the private sector view. The study presents the refugees' economic activities in their distinct roles as consumers, producers, suppliers, and salaried workers from the view of a private sector firm entering the market. It builds on earlier research conducted by the Uganda Investment Authority, in partnership with the United Nations Development Program (UNDP), which produced investment profiles for refugee-hosting districts. The report is divided into eight chapters. Chapter one introduces the study. Chapter two outlines the study methodology. Chapter three provides socioeconomic baseline data, such as educational attainment, employment, and income, comparable by region and population group (refugees versus host communities). Chapter four explores access to telecommunication and financial services. Chapter five analyzes household consumption expenditure, the volume of economic activity, consumer preferences, and access to finance and telecommunication services. Chapter six discusses findings from the business survey. Chapter seven briefly looks at agricultural value chains in the Southwest and West Nile. Chapter eight presents investment opportunities in the refugee-hosting districts for the private sector
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  • 68
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Energy Study
    Schlagwort(e): Energy ; Environment ; Environmental Protection ; Hydro Power ; Hydropower ; Law and Development ; Water Resources ; Water Resources Law
    Kurzfassung: IFC has remained financer and development partner in hydropower projects in Pakistan. In this process, IFC has developed a comprehensive approach for developing sustainable hydropower as a cheaper and cleaner energy that benefits the environment as well as the communities in the area. A key part of the approach involves raising environmental and social standards in hydropower development through its advisory engagements. Strategy for Sustainable Hydropower Development in the Jhelum Poonch River Basin (JPRB) is one such IFC initiative implemented through a multistakeholder-engagement process to provide practical guidance for government, developers, and other stakeholders. The proposed strategy presents key lessons learned from hydropower projects in the Jhelum-Poonch River Basin as well as other related basins during construction and operation. It enhances the knowledge base of the Jhelum-Poonch Basin and provides recommendations for hydropower developers and government to implement best practice in their projects. This helps strike a balance between conservation and development by minimizing negative environmental and social impacts from hydropower projects in the basin. The strategy provides recommendations for government and regulators on how to improve policy and regulation to strengthen the hydropower sector. Developers can make good use of this report to strengthen their planning, systems, and business operations
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  • 69
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Investment Climate Assessment
    Schlagwort(e): Accommodation and Tourism Industry ; Business in Development ; Cultural Assets for Poverty Reduction ; Employment ; Environment ; Industry ; Poverty Reduction ; Private Sector Development ; Tourism and Ecotourism ; Tourism Industry
    Kurzfassung: IFC supports the tourism industry because of its strong development impact. It is easily accessible to rural entrepreneurs, allows for local approaches and products, has a bias towards female participation, and enables excellent supply-chain linkages. Our activities in tourism are aimed at promoting private sector-investments leading to sustainable and inclusive growth. In Nepal, tourism development also enables the creation of cultural, adventure, and sightseeing experiences that have appeal and significance among its established global, loyal market of visitors-ranging from pilgrims to mountaineers, hikers, and wellness and sightseeing travelers. But the COVID-19 pandemic has hit the tourism industry especially hard. The potential loss to the country's GDP from the collapse of tourism activities is estimated at USD 460 million. Around 230,000 jobs are at risk; 20,000 tour and trekking guides are unemployed, and 2,600 trekking agencies are closed, some maybe permanently. Now, as outbound markets begin to show signs of recovery, it is time to implement strategic adjustments to Nepal's tourism sector and implement policies that will align the destination with the new market reality
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  • 70
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: Private Sector Development, Privatization, and Industrial Policy
    Schlagwort(e): Business Environment ; Emerging Markets ; Microenterprises ; Private Sector ; Private Sector Development ; Private Sector Economics ; Sustainability
    Kurzfassung: This country private sector diagnostic (CPSD) for the Kyrgyz Republic assesses the barriers and opportunities for a more forceful development of the private sector in the country. Between 2000 and 2019, gross domestic product (GDP) growth rate averaged 4.4 percent, enabling the Kyrgyz Republic's ascension to lower-middle-income country status by 2014. Economic growth has been unstable as its sources lacked diversity and were vulnerable to external shocks. Economic growth has been unstable as its sources lacked diversity and were vulnerable to external shocks. If the Kyrgyz Republic wants to inaugurate a new era of faster, more sustainable economic growth, it must more aggressively develop its private sector to support economic diversification and improve productivity
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  • 71
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource (192 pages)
    Serie: World Bank E-Library Archive
    Serie: International Debt Statistics
    Paralleltitel: Erscheint auch als
    Kurzfassung: International Debt Statistics (IDS), a long-standing annual publication of the World Bank, features external debt statistics and analysis for the 120 low- and middle-income countries that report to the World Bank Debtor Reporting System. IDS 2021 includes (1) an overview analyzing global trends in debt stocks of and debt flows to low- and middle-income countries within the framework of aggregate capital flows (debt and equity); (2) a feature story on the World Bank and International Monetary Fund Debt Service Suspension Initiative in response to the COVID-19 pandemic; (3) tables and charts detailing debtor and creditor composition of debt stock and flows, terms of new commitments, and maturity structure of future debt service payments and debt burdens, measured in relation to gross national income and export earnings for each country; (4) one-page summaries per country, plus global, regional, and income group aggregates showing debt stocks and flows, relevant debt indicators, and metadata for six years (2009 and 2015+"19); and (5) a user guide describing the tables and content, definitions and rationale for the country and income groupings used in the report, data notes, and information about additional resources and comprehensive data sets available to users online. Unique in its coverage of the important trends and issues fundamental to the financing of low- and middle-income countries, IDS 2021 is an indispensable resource for governments, economists, investors, financial consultants, academics, bankers, and the entire development community. For more information on IDS 2021 and related products, please visit the World Bank's Data Catalog at https://datacatalog.worldbank.org/dataset/international-debt-statistics
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  • 72
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: World Bank E-Library Archive
    Serie: Other Financial Sector Study
    Kurzfassung: Coordination between secured transactions law and rules regulating financial products and institutions is of primary importance to support establishing a sound and inclusive credit ecosystem. This Primer illustrates why coordination between secured transactions law reforms and prudential regulation is needed; introduces the rationale and key tenets of prudential regulatory regimes. Also, specific attention is given to capital requirements and prudential loan-loss provisioning. The Primer also identifies a set of typical issues emerging from the reform experiences of several jurisdictions and presents the key elements of the regulatory strategy to approach such issues
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  • 73
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: World Bank E-Library Archive
    Serie: Poverty Assessment
    Kurzfassung: After the return to democracy, Ghana achieved significant economic growth and poverty reduction. However, in recent years, the rate of poverty reduction has slowed, becoming insignificant after 2012. The largest reduction in poverty, 2 percent per year, was reached from 1991-1998. Subsequently, the rate of decline fell to 1.4 percent in 1998-2005, 1.1 percent in 2005-2012, and dropped to 0.2 percent per year between 2012 and 2016. The slowdown in poverty reduction was not due to a reduction in GDP per capita growth, which peaked between 2005 and 2012 and remained high between 2012 and 2016. Rather, it was due to a drop in the rate to which economic growth translated into poverty reduction. The growth elasticity of poverty (percentage reduction in poverty associated for every one percentage change in GDP per capita) was 1.2 between 1991 and 1998 but declined to less than 0.1 between 2012 and 2016, indicating a 1 percent increase in GDP per capita led to less than 0.1 percent reduction in poverty
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  • 74
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: World Bank E-Library Archive
    Serie: Poverty Assessment
    Kurzfassung: Ethiopia's economy has grown rapidly over the last two decades, leading to significant national poverty reduction, but there were significant differences in the pace and nature of poverty reduction across Ethiopia's eleven regions. Based on the national poverty line, poverty decreased from 46 percent in 1996 to 24 percent in 2016 nationwide. Poverty decreased in all the regions, particularly after 2005 when growth became more robust. Although regional disparities remained fairly low, regional poverty rates converged until 2011 only to begin diverging again in 2016
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  • 75
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: World Bank E-Library Archive
    Serie: Economic Updates and Modeling
    Kurzfassung: Kenya's economy has been hit hard by COVID-19, severely affecting incomes and jobs. The economy has been exposed through the dampening effects on domestic activity of the containment measures and behavioral responses, and through trade and travel disruption (affecting key foreign currency earners such as tourism and cut flowers). Real Gross Domestic Product (GDP) contracted by 0.4 percent in H1 2020 year-on-year(y/y), compared to growth of 5.4 percent in H1 of 2019. This reflects a worse-than-anticipated Q2 GDP outturn, mainly due to a sharp reduction of services sector output, especially education. As a result, the economy is projected to contract by 1.0 percent in 2020 in the baseline scenario, and by 1.5 percent in a more adverse scenario. This revision essentially adopts the adverse scenario outlined in the April 2020 update, reflecting the more severe impact of the pandemic to date than had been initially anticipated, including on the measured output of the education sector following the closure of institutions in March. The special focus topic finds that the pandemic increased poverty by 4 percentage points (or an additional 2 million poor) through serious impacts on livelihoods, by sharp decreases in incomes and employment. The unemployment rate increased sharply,approximately doubling to 10.4 percent in the second quarter as measured by the KNBS Quarterly Labor Force Survey. Many wage workers who are still employed face reduced working hours, with average hours decreasing from 50 to 38 hours per week. Almost 1 in 3 household runbusinesses are not currently operating, and between February and June average revenue from household run businesses decreased by almost 50 percent. This has exacerbated food insecurity, and elevated pain and human suffering. In response to the crisis, the government has deployed both fiscal and monetary policies to support the healthcare system, protect the most vulnerable households, and support firms to help preserve jobs,incomes and the economy's productive potential. Tax revenue dropped below target, due to the marked slowdown in economic activity, as well as tax relief as part of the government's fiscal response package. At the same time, expenditures were raised to strengthen the capacity of the healthcare system to manage infections, protect the most vulnerable households, and support businesses
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  • 76
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: World Bank E-Library Archive
    Serie: Country Environmental Analysis
    Kurzfassung: Georgia has made remarkable progress in terms of economic growth and poverty alleviation. In 2019, the country became an upper middle-income country Georgia's endowment of natural resources is a significant source of national wealth and has the potential for accelerating inclusive socio-economic development. Yet, challenges persist as poverty and inequality remain high, especially in rural areas. The Coronavirus (COVID-19) induced global recession has affected important sectors of the economy, including tourism and the travel industry. This report fills knowledge gaps in the upstream importance of environment and natural assets, and highlights areas for aligning national strategies with sustainable recovery from the Coronavirus (COVID-19) pandemic. In so doing, the report aims to inform national policies by which Georgia has commitments to "greening" sector developments aligned with the provisions of the EU-Georgia Association Agreement. The analysis underlying the report includes updates to the cost of environmental degradation (CoED) published in 2015. It also reflects the new government priorities and options for addressing specific challenges in forest management, land and coastal degradation, and air pollution. The recommendations of this report are designed for a wider audience, including the government of Georgia, as well as development partners and broader society
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  • 77
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: World Bank E-Library Archive
    Serie: Other Social Protection Study
    Kurzfassung: In 2020, Malaysia passes a crucial milestone in its demographic trajectory and becomes an aging society. Driven by a precipitous decline in fertility accompanied by a sustained rise in life expectancy, in recent years Malaysia has seen an uptick in the pace of demographic change. Rapid aging will be one of the most crucial megatrends affecting Malaysia in coming decades, raising policy challenges in areas such as employment, income security, health care, and aged care. The term silver economy has been coined to encompass all sources of opportunities that arise from economic activities that serve the needs and demands of older persons. While rapid aging is crucially important and will become even more so in coming decades, through the right choice of policies, the government of Malaysia can help the country achieve productive and inclusive aging. The Coronavirus (COVID-19) pandemic has resulted in an unprecedented crisis with an enormous health and human toll, as well as exacerbated many of the policy challenges raised by aging both in the short term and more structurally. The report analyzes Malaysia's demographic, socioeconomic and macroeconomic contexts, as well as three select key policy areas where critical knowledge gaps exist-employment, income security, and aged care
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  • 78
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: World Bank E-Library Archive
    Serie: Economic Updates and Modeling
    Kurzfassung: Uganda's real GDP grew at 2.9 percent in FY20, less than half the 6.8 percent recorded in FY19, due to the effects of the COVID-19 (coronavirus) crisis, and is expected to grow at a similar level in FY21, but downside risks are high. Economic activity stalled during the latter part of the fiscal year due to a domestic lockdown that lasted over four months, border closures for everything but essential cargo, and the spillover effects of disruption in global demand and global supply chains due to the COVID-19 pandemic. This resulted in a sharp contraction in public investment and deceleration in private consumption, which hit the industrial and service sectors hard, particularly the informal service sector. On a calendar year basis, real GDP growth is expected to contract by up to 1 percent in 2020, compared to 7.5 percent growth in 2019, and, as a result, real per capita GDP growth is expected to contract by about 4.5 percent. Even if GDP growth rebounds strongly by 2022, the level of per capita GDP is likely to remain well below its pre-COVID trajectory. As a result of these impacts, the COVID-19 crisis is threatening to reverse some of the gains made on structural transformation and the declining poverty trend of the past decade. This transformation was characterized by a reduction in the workforce employed in on-farm agriculture and a take-off in industrial production, largely in agro-processing. However, following the COVID shock, there have already been widespread firm closures, permanent layoffs in industry and services, a rapid slowdown of activity particularly in the urban informal sector, and a movement of labor back to farming. At the same time, household incomes have fallen, which is concerning given the high levels of vulnerability to poverty, limited social safety nets, and impacts this might have on human capital development and Uganda's capacity to benefit from its demographic transition
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  • 79
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: World Bank E-Library Archive
    Serie: Other Poverty Study
    Kurzfassung: The Solomon Islands is a lower middle income small island state in the Melanesian region of the Southwest Pacific. Agriculture, including logging, is central to the economy of the Solomon Islands. To protect the country from importation of Coronavirus (COVID-19) and to limit the possible spread of undiagnosed cases, beginning March 27, the government enacted a series of emergency measures under the State of Public Emergency (SoPE). Coronavirus (COVID-19) response measures, both domestically and abroad, are expected to have negative impacts on the economy and on livelihoods. A strong evidence base is needed to understand the socioeconomic implications of the coronavirus pandemic for the Solomon Islands. The objective of this survey was to measure the socioeconomic impacts of the Coronavirus (COVID-19) global pandemic in the Solomon Islands, including livelihoods, food security, and public safety and security, through a high frequency mobile phone survey
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  • 80
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: World Bank E-Library Archive
    Serie: Other papers
    Kurzfassung: Regulatory sandboxes have become synonymous with fintech innovation and offer the unique benefit of providing the empirical evidence needed to substantiate decisions. This paper on Global Experiences from Regulatory Sandboxes brings together detailed lessons learned and case studies from sandboxes across the globe. Our research has identified 73 sandboxes in 57 jurisdictions. This is currently the most up-to-date resource for sandboxes available and is supplemented with an interactive database on Key data from Regulatory Sandboxes across the globe
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  • 81
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: World Bank E-Library Archive
    Serie: Other papers
    Kurzfassung: This discussion paper is a product of the from disclosure to development (D2D) program, led by the sustainable infrastructure advisory team of the International Finance Corporation (IFC). The program, launched in 2017, is funded by the BHP Foundation and implemented in collaboration with the World Bank. It builds on more than a decade of IFC and World Bank experience in natural resources transparency and open data. The program's goal is to enhance benefit sharing with communities from investment in natural resources through effective disclosure and data-use practices. D2D develops and tests new approaches, partnerships, and platforms aimed at improving the ways in which companies and governments disclose data, so that communities and other stakeholders can use it to inform their decisions and actions. The social license to operate (SLO) refers to the ongoing acceptance of a company or industry's standard business practices and operating procedures by stakeholders, local communities, and the general public. Transparency and community engagement can also create the foundations for developing proactive systems for companies to recognize and address community concerns and create tangible programs to improve planning with host communities, governments, and civil society. The goal is to establish social value that is measurable and verifiable and emphasizes the issues that matter to different groups of stakeholders
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  • 82
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: World Bank E-Library Archive
    Serie: Country Partnership Frameworks
    Kurzfassung: Rwanda is widely celebrated for the remarkable social, political, and economic renaissance it has experienced in the years following the genocide against the Tutsi of 1994. However, Rwanda appears to have relatively higher poverty rates than African peers with similar income per capita, and its elasticity of poverty reduction to growth is low compared to high-growing SSA peers. Poverty is concentrated in rural areas and among households with many children. Rwanda now faces challenges in fully translating its very strong growth into commensurate gains in poverty reduction and shared prosperity. This Country Partnership Framework (CPF) sets out the World Bank Group's (WBG) plans for addressing the country's development priorities as identified in the 2019 Systematic Country Diagnostic (SCD) and Rwanda's National Strategy for Transformation (NST1) well as supporting Rwanda's response to the Coronavirus (COVID-19) pandemic to recover from the negative public health and socio-economic impacts of the pandemic. The CPF takes into account Rwanda's anti-crisis response program as of mid-May 2020, including the government's emergency Economic Recovery Plan, although it will likely continue to evolve in coming months. It was agreed with the authorities that should the situation warrant considerable changes to the government's strategy and its program with the WBG, the Performance and Learning Review (PLR) will be brought forward to accommodate such changes. The CPF spans two IDA cycles, IDA19 (July 2020 to June 2023) and IDA 20 (July 2023 to June 2026). Given the country's preference for frontloading its IDA commitment, and a track record of making good use of additional IDA resources available, Rwanda will explore the use of additional resources from IDA windows
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  • 83
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: World Bank E-Library Archive
    Serie: Other Financial Sector Study
    Kurzfassung: One of the critical challenges to micro, small, and medium enterprises (MSMEs) continues to be access to finance (World Bank 2019). Asset-based lending (ABL) is emerging as a unique financing option for businesses and a new way to provide working-capital financing to support business growth and sustain business operations. The approach leverages nontraditional but valuable movable assets such as machinery, equipment, securities, accounts receivable, agricultural produce, and intellectual property rights as collateral to secure financing from credit institutions. These assets are common among entrepreneurs and established businesses but are seldom considered as a useful form of collateral to access short-term financing. Interestingly, among developing countries, movable assets represent as much as 78 percent of the capital stock of enterprises relative to immovable assets such as land and buildings (22 percent) (Alvarez de la Campa 2011). Despite this, insufficient collateral continues to be one of the main reasons loans are not granted in emerging markets (Fleisig, Safavian, and de la Pena 2006), perhaps reflecting the preference of financial institutions to utilize collateral based on immovable assets such as land and buildings. This assessment seeks to examine MABL in Jamaica, with a focus on developing possible options for deepening secondary markets among assets commonly used as collateral in MABL. The report includes recommendations for developing secondary markets, among other potential assets that can be used for MABL, as well as general steps for implementation
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  • 84
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: World Bank E-Library Archive
    Serie: Economic Updates and Modeling
    Kurzfassung: The Lebanon Economic Monitor provides an update on key economic developments and policies over the past six months. It also presents findings from recent World Bank work on Lebanon. It places them in a longer-term and global context and assesses the implications of these developments and other changes in policy on the outlook for Lebanon. Its coverage ranges from the macro-economy to financial markets to indicators of human welfare and development
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  • 85
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: World Bank E-Library Archive
    Serie: Other Public Sector Study
    Kurzfassung: Access to identification is a vital priority. In developing countries, persons with disabilities are among those most likely to face barriers in accessing government services such as health and rehabilitation, public transportation, education, voting, financial services, and economic opportunities. For women and girls with disabilities and other persons with disabilities with intersecting identities, these barriers are multidimensional. Addressing poverty among persons with disabilities and their families requires solutions that address their differentiated and sometimes complex needs, a precondition of which is possessing official proof of identity. This report provides a model of the continuous nature of the ID lifecycle, suggesting some illustrative approaches to designing a disability-inclusive ID process at any stage in the lifecycle. The ID lifecycle comprises five phases, each allowing for disability-inclusive interventions. The five phases are: (1) planning and design; (2) outreach and engagement; (3) enrollment; (4) use of ID; (5) and monitoring and evaluation. The cycle presents examples of continuous activities which should be regularly revisited to ensure that ID systems are accessible to people with disabilities regardless of the stage of implementation of the ID system. While not exhaustive, and recognizing that country contexts differ, this cyclical model can be a useful planning tool, much like that used across the world by electoral commissions for inclusive voter registration
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  • 86
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: World Bank E-Library Archive
    Serie: Other Infrastructure Study
    Kurzfassung: This study provides a comprehensive comparative analysis of the business environment in six South Asian countries, Afghanistan, Bangladesh, India, Nepal, Pakistan, and Sri Lanka, to examine whether business regulatory requirements in these countries hinder them from fully benefiting from BRI project spillovers. The analysis is based on available secondary data sources and responses to a structured questionnaire sent to selected private sector participants in each of these countries, eliciting information on the law, regulation, and practice in a wide range of thematic areas influencing the overall business and regulatory environment. Survey respondents identified nine key themes as the most challenging for the private sector, including from the perspective of potential benefits from BRI-induced opportunities. The thematic areas are: (a) licensing and inspection requirements; (b) regulations and practices governing foreign investment; (c) access to resources such as land, credit, and electricity; (d) regulatory restrictions on the operation of foreign firms, such as local content requirements and currency repatriation; (e) regulatory governance and corruption and state capture; (f) predictability and quality of the regulatory framework, especially corporate taxation; (g) government procurement laws and practice; (h) effective dispute settlement and grievance mechanisms; and (i) trade and customs regulations. The identified thematic areas promote connectivity and regional integration and thus are particularly relevant from the BRI perspective. Improvements along different dimensions of these thematic areas will likely enable countries in the region to gain from BRI-induced opportunities
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  • 87
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: World Bank E-Library Archive
    Serie: Risk and Vulnerability Assessment
    Kurzfassung: The higher-level purpose of this study is to provide information to be used to raise the ambition of Georgia's nationally determined contribution (NDCs) and to consider adaptation targets for the Black Sea coast of Georgia. The study also aims to highlight how supporting a blue economy can accelerate the implementation of adaptation measures required to reduce climate risks and contribute towards the region's socioeconomic development and environmental conservation. The methodology used in the present study consists of five main steps: define the geographic scope; review available climate change projections; identify key climate risks and vulnerabilities for coastal Georgia; assess the impact of climate change on economic sectors and infrastructure, and possible adaptation options; and prioritize initial recommendations and key climate adaptation actions. The approach used to evaluate the various impacts on coastal Georgia consisted of a qualitative analysis and expert input from international and local teams. This included an assessment of feasible adaptation options. Discussions with local experts and government agencies were also carried out in order to gain further details of vulnerable areas and evaluate both the potential for specific adaptation measures to yield economic benefits as well as the feasibility and acceptability of these options. The report is organized in six chapters. Chapter one introduces the purpose, objectives, methodology, and limitations for the study. Chapter two provides an overview of Georgia's coastal zone economic sectors, while chapter three provides an overview of Georgia's coastal climate and climate change impacts. Chapter four presents the priority risks for coastal Georgia, based on the existing cost of environmental degradation estimates and climate change projections. Chapter five discusses the impacts of climate change on Georgian coastal economic sectors, health and infrastructure, through the prism of the priority risks described in the previous chapter and presents a menu of adaptation options. Chapter six discusses the conclusions of the study and makes initial information, institutional, and investment recommendations, and key actions, including key actions required to implement climate adaptation on the ground
    Bibliothek Standort Signatur Band/Heft/Jahr Verfügbarkeit
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  • 88
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: World Bank E-Library Archive
    Serie: Foreign Trade, Foreign Direct Investment, and Capital Flows Study
    Kurzfassung: This report synthesizes the work carried out as part of a World Bank ASA (Advisory Services and Analytics) activity to identify better systems and practical strategies that countries can use for improved monitoring of small-scale cross border trade (SSCBT). Large amounts of goods are known to be traded through cross border channels in Africa, yet SSCBT is poorly counted leading to a misrepresentation of the true state of regional integration and possible misalignment of trade and development policies. The study assesses the strengths and limitations of existing SSCBT data systems in East Africa to understand the feasibility and cost effectiveness of different data collection methods. It also looks at conditions along trade corridors in other regions of Africa where SSCBT data are only starting to be monitored to identify common bottlenecks and potential solutions for improved trade data collection in different environments. The analysis draws on fieldwork carried out during July and August 2019, as well as subsequent consultations with local counterparts, including with respect to the impact of the COVID-19 pandemic. Through this work, the study aims to inform policy in countries where SSCBT is important and where the establishment of monitoring systems will be relevant and desirable. The project also contributes to discussions and negotiations on regional integration by raising the profile of SSCBT and drawing attention to the importance of addressing barriers that limit this trade. In addition to this report, findings of the ASA are also being shared with a diverse audience of policymakers, economic analysts, and civil society representatives through short policy notes, working papers, and dissemination events
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  • 89
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource (234 pages)
    Serie: World Bank E-Library Archive
    Serie: Global Economic Prospects
    Paralleltitel: Erscheint auch als
    Kurzfassung: The COVID-19 pandemic has, with alarming speed, dealt a heavy blow to an already-weak global economy, which is expected to slide into its deepest recession since the second world war, despite unprecedented policy support. The global recession would be deeper if countries take longer to bring the pandemic under control, if financial stress triggers defaults, or if there are protracted effects on households and firms. Economic disruptions are likely to be more severe and protracted in emerging market and developing economies with larger domestic outbreaks and weaker medical care systems; greater exposure to international spillovers through trade, tourism, and commodity and financial markets; weaker macroeconomic frameworks; and more pervasive informality and poverty. Beyond the current steep economic contraction, the pandemic is likely to leave lasting scars on the global economy by undermining consumer and investor confidence, human capital, and global value chains. Being mostly a reflection of the recent plunge in global energy demand, low oil prices are unlikely to provide much of a boost to global growth in the near term. While policymakers' immediate priorities are to address the health crisis and moderate the short-term economic losses, the likely long-term consequences of the pandemic highlight the need to forcefully undertake comprehensive reform programs to improve the fundamental drivers of economic growth, once the crisis abates. Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). The January edition includes in-depth analyses of topical policy challenges faced by these economies, while the June edition contains shorter analytical pieces
    Bibliothek Standort Signatur Band/Heft/Jahr Verfügbarkeit
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  • 90
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: World Bank E-Library Archive
    Serie: Country Partnership Frameworks
    Kurzfassung: This five-year Country Partnership Framework (CPF) for Senegal lays out the World Bank Group (WBG) program for the FY20-FY24 period, which aims to support the country in its path towards achieving middle-income status by 2035
    Bibliothek Standort Signatur Band/Heft/Jahr Verfügbarkeit
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  • 91
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: World Bank E-Library Archive
    Serie: Country Partnership Frameworks
    Kurzfassung: Sierra Leone has an advantageous geography and abundant mineral, agricultural and blue resources, yet the country's per capita gross domestic product (GDP) is almost the same as it was after independence. This CPF is highly selective and opportunistic, focusing on putting the fundamentals in place, with a strong emphasis on critical development accelerators that touch the lives of every Sierra Leonean: human capital, energy and technology
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  • 92
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: World Bank E-Library Archive
    Serie: Other Education Study
    Kurzfassung: Bulgaria has achieved impressive economic performance over the last two decades. Nevertheless, recent growth of gross domestic product (GDP) and productivity has slowed since the global financial crisis, and the country faces medium- to long-term labor shortages and skills mismatches driven by an aging population and high emigration rates. Maintaining income growth in the face of these challenges will require boosting productivity, and a key step to increase productivity is to strengthen Bulgaria's science, technology and innovation (STI) performance, which ranks among the worst in the European Union (EU) across multiple indicators. A review of STI policies is critical in preparation for the next EU programing period to ensure that the expected increase in resources to support research and innovation is used effectively. This report provides a comprehensive assessment of the country's research and innovation needs and an original analysis of the policies devoted to supporting STI in Bulgaria, including nearly all national-level STI-related policy instruments
    Bibliothek Standort Signatur Band/Heft/Jahr Verfügbarkeit
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  • 93
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: World Bank E-Library Archive
    Serie: Education Sector Review
    Kurzfassung: This Indonesia Education Flagship Report examines ways to strengthen education reforms and boost the learning outcomes of all Indonesian students. It focuses on how the education system can deliver on the promise of human capital for Indonesia. The recommendations focus on protecting and building human capital by increasing the capacity, equity, and accountability for learning. The report also explores what the central government can do to make changes for the better in areas under its control and how to provide better guidance and support to provinces, districts, and schools
    Bibliothek Standort Signatur Band/Heft/Jahr Verfügbarkeit
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  • 94
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: World Bank E-Library Archive
    Serie: Other Environmental Study
    Kurzfassung: The Government of Uganda has been working to establish a new system of NCA. NCA is a standardized approach to measuring and valuing natural resources. It overcomes the limitations of traditional economic measurements, such as gross domestic product (GDP), that look primarily at income and not at wealth. It provides physical and monetary information about natural capital wealth as well as income and other benefit flows. As such,NCA is already helping to inform key policies and plans in Uganda. The development of NCA in Uganda has been supported by various development partners, notably the World Bank's global program, WAVES. This paper offers an independent synthesis of Uganda's work with WAVES from 2018 to 2020. It is based on program documentation and a review of the accounts themselves, supplemented by interviews of key Ugandan officials involved in the process
    Bibliothek Standort Signatur Band/Heft/Jahr Verfügbarkeit
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  • 95
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: World Bank E-Library Archive
    Serie: Other Public Sector Study
    Kurzfassung: The objective of this report is to provide a comprehensive evaluation of the tax gap in Ghana, and help the Government of Ghana identify the areas where they can increase tax revenue by improving compliance. Tax gap for corporate income tax, import tax, estimated value added tax, and potential tax revenue from formalization of informal firms were investigated
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  • 96
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: World Bank E-Library Archive
    Serie: Other Poverty Study
    Kurzfassung: To monitor the social and economic effects on households during the COVID-19 pandemic, the World Bank is conducting High-Frequency Phone Surveys of Households in Vietnam. These monitoring data help generate insights on household well-being amidst this dynamic period and highlight the effects on the most vulnerable members of Vietnamese society. This note provides a snapshot of results from the 2nd of five rounds of this survey series. Fieldwork for the second round was conducted from July 27 to August 12, 2020. During the first half of 2020, COVID-19 cases in Vietnam were well contained and appeared almost eradicated. However, after 99 days without any new COVID-19 cases, the Da Nang region re-entered lockdown after the emergence of a positive case on July 25th, 2020. While round one of the survey series (in June-July 2020) was conducted after the first lockdown, round two was collected right at the beginning of this second outbreak. The timing of fieldwork should be considered when considering trends
    Bibliothek Standort Signatur Band/Heft/Jahr Verfügbarkeit
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  • 97
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: World Bank E-Library Archive
    Serie: Private Sector Development, Privatization, and Industrial Policy
    Kurzfassung: Thailand is an enduring development success story. Between the late 1960s and mid-1990s, strong and sustained economic growth propelled the country from low-income to upper-middle-income status. To achieve high-income status by 2037, the authorities will need to draw on the experiences of other upper-middle-income countries that have successfully completed the transition, as well as those that continue to struggle. The Coronavirus (COVID-19) outbreak has severely impacted growth in Thailand, with the economy expected to contract in 2020 amid heightened uncertainty surrounding the path of the pandemic. This report focuses on the manufacturing sector builds on a framework that emphasizes the microeconomic and macroeconomic linkages of the sources of productivity growth. In line with this framework, Chapter 1 begins with an overview of Thailand's productivity dynamics at the macroeconomic level and identifies the causes of its slowing GDP growth rate.7 Chapter 2 analyzes the characteristics of Thai manufacturing firms and sub-sector productivity dynamics, revealing the drivers of firm productivity and distinguishing the relative contributions of within-firm effects, between-firm effects, and market dynamism. Chapter 3 evaluates the impact of competition on firm productivity by comparing market entry and exit indicators with price markups. Chapter 4 concludes with a set of policy recommendations designed to boost firm productivity in Thailand's manufacturing sector
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  • 98
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: World Bank E-Library Archive
    Serie: Other Urban Study
    Kurzfassung: The role of the public sector in housing delivery in many developed economies evolved from government as builder in the post-War era in the 1950s when the government directly constructed and delivered housing to meet the daunting demand for housing, to government as enabler and regulator in the 1980s and 90s when governments retreated from direct provision but started to focus on facilitating the private sector to deliver housing effectively, and to assist the poorest segment of the population. The point of departure is the belief that housing is essentially a private good that is best provided by the market. Today, the government's role is therefore focused on Should read: (i) establishing the enabling environment for the private sector (including private individuals) to deliver housing; (ii) addressing the market failures; and (iii) avoiding and/or correcting government policy failures. However, challenges persist for low-income households to find affordable accommodation in locations that work for them. Such shortages of affordable housing are most pronounced in developing countries, which in recent decades have seen rapid urbanization and the proliferation of informal settlements, which are increasingly challenging for the public sector to address. As the private sector and public sector fail to provide adequate and affordable housing for the lower-end of the market segment at the pace and scale that is needed, governments have since the later 2000's repositioned themselves as partners, and increasingly as entrepreneurs, to catalyze - and reduce the risk for - the private sector's entry into the affordable housing markets
    Bibliothek Standort Signatur Band/Heft/Jahr Verfügbarkeit
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  • 99
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: World Bank E-Library Archive
    Serie: Other Environmental Study
    Kurzfassung: The objective of this study is to fill the knowledge gaps to help advance Albania's vision of the Blue Economy, in the context of the country's aim of joining the EU. The two most important sectors with this regard are fisheries and tourism. Both industries are well established and offer the highest potential return on investment when it comes to the Blue Economy and have socio-economic and cultural significance for the coastal communities. The study further extends to cover the challenges of marine plastic pollution and examine possible solutions. For the purpose of cross-sectoral planning and investment coordination, the Blue Economy Development Framework (BEDF) is introduced as a distinct theme. The analysis concludes with a menu of options to develop the marine based economic activities and ultimately accelerate the country's transition towards the Blue Economy. The study reflects Albania's specific circumstances and the opportunities arising from integrated economic development of maritime sectors, including branding a 'Blue Albania' vision that could serve as a blueprint for future innovations in these sectors. Policy and decision makers from multiple institutions representing the GoA, as well as development partners and organizations such as the European Commission, have been consulted in the course of the study preparation
    Bibliothek Standort Signatur Band/Heft/Jahr Verfügbarkeit
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  • 100
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: 1 Online-Ressource
    Serie: World Bank E-Library Archive
    Serie: Other Environmental Study
    Kurzfassung: If financial markets are to realign towards truly sustainable development the financial sector needs to differentiate commercial actors more accurately on their climate and environmental performance. A potential breakthrough to help in this challenge is the emerging field of -'Spatial Finance', the independent assessment of the location of a company's or a country's assets and infrastructure using ground data, remote sensing observations and modelled insights, offers a potentially transformative means to gain improved quantitative ESG insights. Rapid development is required if spatial finance is to deliver in the short term. In this report, authors outline a possible taxonomy and hierarchy for spatial finance, showing how discrete forms of technology, approaches and data can be considered within a single consistent framework. Using this framework, spatial finance could provide insights at differing scales for different applications from the asset-scale for project finance, to company-scale for investment, to country scale for sovereign debt. Throughout the document authors provide insights into current cutting-edge developments within the field, illustrated with case studies from practitioners and data providers, and explore potential future developments
    Bibliothek Standort Signatur Band/Heft/Jahr Verfügbarkeit
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