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  • McKenzie, David  (72)
  • Ravallion, Martin  (69)
  • Lederman, Daniel  (58)
  • Energy Sector Management Assistance Program  (54)
  • Washington, D.C : The World Bank  (252)
  • Washington, D.C : World Bank, Development Research Group, Poverty Team
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  • 1
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (44 pages)
    Parallel Title: Erscheint auch als Assem Mohammed G Hassan Ahmed, Hoda Stages of Diversification Redux
    Keywords: Development Trajectories ; Economic Concentration ; Economic Diversification ; Economic Growth ; Macroeconomics and Economic Growth ; Resource Poor Countries ; Resource Rich Countries
    Abstract: The existing literature on development and economic diversification finds an inverted-U function between these two variables, whereby economies diversify as they grow up to a point, after which they start specializing. This paper contributes to this literature by investigating the stages of diversification over the course of development during the past 57 years. The paper emphasizes the trajectories of resource-rich and resource-poor countries, an issue that has not been covered by the extant literature. In addition, the paper studies the stages of diversification across three dimensions, namely employment, value-added, and exports. Additionally, it examines the relationship for services. Non-parametric estimations suggest a U-shaped curve between measures of economic concentration and per capita income levels, which is in line with existing evidence. However, these patterns are mainly driven by between-country rather than within-country variation, a finding that had been ignored in the existing literature. Diversification patterns also differ across resource-rich and resource-poor countries: Employment and value added in resource-rich countries are on average more concentrated at low levels of development while in resource poor countries, they are more concentrated at high levels of development. In contrast, at all levels of development, exports are more concentrated in resource-rich countries
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  • 2
    Language: English
    Pages: 1 Online-Ressource (35 pages)
    Parallel Title: Erscheint auch als Arias, Francisco Plant Closings and the Labor Market Outcomes of Displaced Workers: Evidence from Mexico
    Keywords: Difference in Difference ; Education ; Education and Employment ; Employment and Unemployment ; Gender ; Gender and Economic Policy ; Gender and Employment ; Job Displacement ; Job Loss Impact by Education ; Labor Market ; Poverty Reduction ; Wages ; Wages, Compensation and Benefits
    Abstract: This paper investigates the impacts of job displacement on subsequent labor market outcomes, focusing on differentiated effects by educational groups and gender. The findings show that job separations caused by plant closings result in sizable and long-lasting wage reductions, with an average decline of -7.5 percent over a nine-year period relative to workers who did not experience job losses. A stronger effect is estimated for highly educated workers than for low educated workers, with initial effects being 18.4 and 9 percent wage drops, respectively. For working hours, the effect on low educated workers is double the effect on highly educated workers, with 3.0 and 1.5 additional hours per week, respectively. Using the rotating panel of the survey, difference in differences coefficients are estimated, removing time-invariant individual heterogeneity. Compared to ordinary least squares, the difference in differences estimates reduce the magnitude of the average impacts of plant closing on wages, from -7.5 to -4.7 percent, and on working hours from 1.4 to 0.53 additional hours. These results suggest that the ordinary least squares estimates are upwardly biased due to omitted individual worker heterogeneity. The paper discusses another potential remaining source of endogeneity concerning the quality of the match between employers and workers
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  • 3
    Language: English
    Pages: 1 Online-Ressource (47 pages)
    Parallel Title: 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
    Keywords: 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
    Abstract: 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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  • 4
    Language: English
    Pages: 1 Online-Ressource (39 pages)
    Parallel Title: Erscheint auch als Gatti, Roberta Data Transparency and GDP Growth Forecast Errors
    Keywords: Data Transparency ; Economic Forecasting ; Economic Outlook ; Forecast Error ; GDP Growth Forecast ; Macroeconomics and Economic Growth ; Optimism ; Statistical Capacity
    Abstract: This paper examines the role of a country's data transparency in explaining gross domestic product growth forecast errors. It reports four sets of results that have not been previously reported in the existing literature. First, forecast errors-the difference between forecasted and realized gross domestic product growth-are large. Globally, between 2010 and 2020, the average same-year forecast error was 1.3 percentage points for the World Bank's forecasts published in January of each year, and 1.5 percentage points for the International Monetary Fund's January forecasts. Second, the Middle East and North Africa region has the largest forecast errors compared to other regions. Third, data capacity and transparency significantly explain forecast errors. On average, an improvement in a country's Statistical Capacity Index, a measure of data capacity and transparency, is associated with a decline in absolute forecast errors. A one standard deviation increase in the log of the Statistical Capacity Index is associated with a decline in absolute forecast errors by 0.44 percentage point for World Bank forecasts and 0.49 percentage point for International Monetary Fund forecasts. The results are robust to a battery of control variables and robustness checks. Fourth, the role of the overall data ecosystem, not just those elements related to gross domestic product growth forecasting, is important for the accuracy of gross domestic product growth forecasts. Finally, gross domestic product growth forecasts from the World Bank are more accurate and less optimistic than those from the International Monetary Fund and the private sector
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  • 5
    Language: English
    Pages: 1 Online-Ressource (55 pages)
    Series Statement: Middle East and North Africa Economic Update
    Parallel Title: Erscheint auch als
    Keywords: Data Opacity ; Economic Growth ; Forecasting Growth ; Inadequate Data System ; Inflation ; Oil ; Oil Exporters ; Oil Importers ; Oil Prices ; Recovery
    Abstract: Growth is forecasted to slow down for the Middle East and North Africa region. The war in Ukraine in 2022 exacerbated inflationary pressures as the world recovered from the COVID 19 pandemic-induced recession. The response by central banks to raise rates to curb inflation is slowing economic activity, while rising food prices are making it difficult for families to put meals on the table. Inflation, when it stems from food prices, hits the poor harder than the rich. Moreover, food insecurity in MENA has been rising over decades. The immediate effects of food insecurity can be a devastating loss of life, but even temporary increases in food prices can cause long-term irreversible damages, especially to children. The rise in food prices due to the war in Ukraine may have altered the destinies of thousands of children in the region, setting them on paths to limited prosperity. Food insecurity imposes challenges to a region where the state of child nutrition and health were inadequate before the shocks from the COVID-19 pandemic. The report discusses policy options and highlights the need for data to guide effective decision making
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  • 6
    Language: English
    Pages: 1 Online-Ressource (55 pages)
    Series Statement: Middle East and North Africa Economic Update
    Parallel Title: Erscheint auch als
    Keywords: Adjustments ; Covid-19 ; Currency Depreciations ; Growth ; Inflation ; Jobs ; Labor Markets ; MENA ; Middle East ; Middle East and North Africa ; North Africa ; Shocks ; Terms of Trade ; Wages
    Abstract: Covid-19. The Russian invasion of Ukraine. Commodity price volatility. The rise of global inflation and interest rates. Currency depreciations among indebted middle-income economies. And now, natural disasters. As a sequence of events, the consequences can be both tragic and long-lasting. After analyzing the macroeconomic prospects of the Middle East and North Africa (MENA) Region, this edition of the regional Economic Update assesses the human toll of macroeconomic shocks in terms of lost jobs and deteriorating livelihoods of the people of MENA. Growth is forecast to decelerate in 2023 after experiencing an oil-price induced growth spurt in 2022 among the high-income oil exporters of the region. Yet as the region continues to recover from the impact of the COVID-19 shock and navigates the heightened volatility in its terms of trade, the region's labor force is contending with the ramifications for their livelihoods of the inflationary pressures associated with currency fluctuations in some countries. The authors estimate that the macroeconomic shocks of 2020-22 led to an additional 5.1 million individuals becoming unemployed in MENA. Will these shocks permanently scar the hard-working people of MENA? The report answers this question by highlighting the trade-offs facing labor markets when facing macroeconomic shocks. A critical trade-off pertains to the loss of jobs versus decreases in real incomes, neither of which is desirable. The report advocates for maintaining the flexibility of real wages and discusses policy options to support the most vulnerable
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  • 7
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (12 pages)
    Parallel Title: Erscheint auch als McKenzie, David Is there Still a Role for Direct Government Support to Firms in Developing Countries?
    Keywords: Development Economics and Aid Effectiveness ; Firm Support ; Green Growth Agenda ; Impact Evaluation ; Industrial Economics ; Industrial Policy ; Industry ; Macroeconomic Policy ; Macroeconomics and Economic Growth ; Subsidized Loans
    Abstract: Should governments in developing countries directly support firms with policies such as grants, subsidized loans, and training and consulting programs, or should they instead just aim to enact sensible regulatory and macroeconomic policies and not attempt to engage in industrial policy While industrial policy has gained renewed attention in developed economies, it faces considerable skepticism in developing countries scarred by previous experiences and facing limited fiscal space. This paper discusses the rationale for government involvement, and then lessons from a recent research agenda in development economics on how to target these programs, on whether they induce firms to undertake additional activities, on avoiding political capture, and on how these interact with competition. This work shows that these policies can deliver some of their promised benefits, but that there is still much to learn and the need for systematic and serious attempts at prospective impact evaluation as new policies are launched
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  • 8
    Language: English
    Pages: 1 Online-Ressource (53 pages)
    Parallel Title: Erscheint auch als Bertoli, Simone Migration, Families, and Counterfactual Families
    Keywords: Counterfactual Reasoning ; Family Formation ; Human Rights ; International Economics and Trade ; International Migration ; Law and Development ; Macroeconomics and Economic Growth ; Migrant Policy ; Migrants Families ; Migration ; Remittances ; Status Quo Bias
    Abstract: Migration changes how families form and dissolve, and how one should conceptualize the family. This has implications for thinking about how the migration decision is modelled when individuals are unable to picture the counterfactual families they may have. Differences in marital status can induce two otherwise identical individuals to make different migration decisions. It also has implications for attempts to causally estimate impacts of migration, when the family composition changes with the migration decision itself. This paper shows empirically that changing marital status after migration is widespread, and that the traditional model of a fixed family sending off a migrant who remains part of that same family only describes a minority of migrants moving from developing countries to the U.S. The authors draw out lessons from thinking about counterfactual families for empirical research and for migration policy
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  • 9
    Language: English
    Pages: 1 Online-Ressource (68 pages)
    Parallel Title: Erscheint auch als Iacovone, Leonardo Bayesian Impact Evaluation with Informative Priors: An Application to a Colombian Management and Export Improvement Program
    Keywords: Bayesian Impact Evaluation ; Competition Policy ; Competitiveness and Competition Policy ; Economic Theory and Research ; Export Competitiveness ; International Economics and Trade ; Macroeconomics and Economic Growth ; Management ; Prior Elicitation ; Private Sector Development ; Randomized Experiment ; Social Policy Evaluation Method
    Abstract: Policymakers often test expensive new programs on relatively small samples. Formally incorporating informative Bayesian priors into impact evaluation offers the promise to learn more from these experiments. A Colombian government program which aimed to increase exporting was trialed experimentally on 200 firms with this goal in mind. Priors were elicited from academics, policymakers, and firms. Contrary to these priors, frequentist estimation can not reject 0 effects in 2019, and finds some negative impacts in 2020. For binary outcomes like whether firms export, frequentist estimates are relatively precise, and Bayesian credible posterior intervals update to overlap almost completely with standard confidence intervals. For outcomes like increasing export variety, where the priors align with the data, the value of these priors is seen in posterior intervals that are considerably narrower than frequentist confidence intervals. Finally, for noisy outcomes like export value, posterior intervals show almost no updating from the priors, highlighting how uninformative the data are about such outcomes
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  • 10
    Language: English
    Pages: 1 Online-Ressource (28 pages)
    Parallel Title: Erscheint auch als McKenzie, David Fears and Tears: Should More People be Moving within and from Developing Countries, and what Stops this Movement?
    Keywords: Attachment To Home ; Benefits of Urbanization ; Communities and Human Settlements ; Constraints That Limit Movement ; Economics of Migration ; Health, Nutrition and Population ; Human Migrations and Resettlements ; Internal Relocation ; International Economics and Trade ; International Migration ; Mental Health ; Migration Policy ; Psychological Uncertainty of Relocation ; Wealth and Wellbeing
    Abstract: Only one in seven of the world's population has ever migrated, despite the enormous gains in income possible through international and internal movement. This paper examines the evidence for different explanations given in the economics literature for this lack of movement and their implications for policy. Incorrect information about the gains to migrating, liquidity constraints that prevent poor people paying the costs of moving, and high costs of movement arising from both physical transportation costs and policy barriers all inhibit movement and offer scope for policy efforts to inform, provide credit, and lower moving costs. However, the economics literature has paid less attention to the fears people have when faced with the uncertainty of moving to a new place, and to the reasons behind the tears they shed when moving. While these tears reveal the attachment people have to particular places, this attachment is not fixed, but itself changes with migration experiences. Psychological factors such as a bias toward the status quo and the inability to picture what one is giving up by not migrating can result in people not moving, even when they would benefit from movement and are not constrained by finances or policy barriers from doing so. This suggests new avenues for policy interventions that can help individuals better visualize the opportunity costs of not moving, alleviate their uncertainties, and help shift their default behavior from not migrating
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  • 11
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Energy Sector Management Assistance Program Papers
    Keywords: Electric Power ; Energy ; Energy Finance ; Power and Energy Conversion ; Renewable Energy ; Solar Energy
    Abstract: This book is packed with actionable information for decision-makers, and it is the World Bank's most comprehensive and authoritative publication on mini grids to date. The objective of this comprehensive knowledge package is to present road-tested options and examples from the leading edge of mini grid development. Decision-makers can draw on these options and examples to scale up mini grid deployment in their own contexts. By acknowledging different national approaches to mini grids and providing context-specific considerations for implementation, this suite of knowledge products offers an adaptive approach to helping countries achieve their electrification targets. The book is structured as follows. The overview presents a global market outlook for mini grids and introduces the 10 building blocks that need to be in place if mini grids are to be scaled up in any country. These building blocks also represent the 10 frontiers for innovation for the sector, where, with disruptive digital solutions across all 10 frontiers, the services offered to end users can be raised to a level substantially better than what would be possible with alternatives. In the Handbook, the terms "building blocks" and "frontiers" are used interchangeably. Chapters 1-10 present the 10 building blocks in detail and answer the question how do we scale up mini grid deployment to connect half a billion people by 2030 Chapter 11 is our call to action
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  • 12
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (42 pages)
    Parallel Title: Erscheint auch als McKenzie, David Field and Natural Experiments in Migration
    Keywords: Difference-In-Differences ; Economic Growth ; Experimental Methods ; Instrumental Variables ; Migration Experiments ; Natural Experiment ; Regression Discontinuity ; Social Protection and Labor
    Abstract: Many research and policy questions surrounding migration are causal questions. What causes people to migrate? What are the consequences of migration for the migrants, their families, and their communities? Answering these questions requires dealing with the self-selection inherent in migration choices. Field and natural experiments offer methodological approaches that enable answering these causal questions. This paper discusses the key conceptual and logistical issues that face applied researchers when applying these methods to the study of migration, as well as providing guidance for practitioners and policymakers in assessing the credibility of causal claims. For randomized experiments, this includes providing a framework for thinking through what can be randomized; discussing key measurement and design issues that arise from issues such as migration being a rare event, and in measuring welfare changes when people change locations; as well as discussing ethical issues that can arise. The paper then outlines what makes for a good natural experiment in the context of migration, and discusses the implications of recent econometric work for the use of difference-indifferences, instrumental variables (and especially shift-share instruments), and regression discontinuity methods in migration research. A key lesson from this recent work is that it is not meaningful to talk about ?the? impact of migration, but rather impacts are likely to be heterogeneous, affecting both the validity and interpretation of causal estimates
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  • 13
    Language: English
    Pages: 1 Online-Ressource (33 pages)
    Parallel Title: Erscheint auch als Ana P., Cusolito Capacity Building as a Route to Export Market Expansion: A Six-Country Experiment in the Western Balkans
    Keywords: Broadcast and Media ; Consulting ; Customer Acquisition ; Digital Presence ; Export Competitiveness ; Export Market Expansion ; Information and Communication Technologies ; International Economics and Trade ; Marketing Training ; Private Sector Development ; Skills Development and Labor Force Training ; Small and Medium Enterprises (SME) ; Small and Medium Size Enterprises ; Training
    Abstract: The limited market size of many small emerging economies is a key constraint to the growth of innovative small and medium enterprises. Exporting offers a potential solution, but firms may struggle to locate and appeal to foreign buyers. A six-country randomized experiment was conducted with 225 firms in the Western Balkans to test the effectiveness of 30 hours of live group-based training and 5 hours of one-on-one remote consulting in overcoming these constraints. Treated firms used techniques such as search engine optimization and improved Facebook content to increase their digital presence and better reach foreign customers. A year later, positive and significant impacts are found on the number of customers, and a significant intensive margin increase in export sales. Qualitative interviews suggest this improvement came from a combination of sector-specific advice on market expansion, and through an encouragement effect which gave entrepreneurs the confidence to try new sales strategies
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  • 14
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (60 pages)
    Parallel Title: Erscheint auch als Lokshin, Michael Is Social Protection a Luxury Good?
    Keywords: Distribution ; Economic Assistance ; Engel Curve ; Governance ; ICT Economics ; ICT Support To Social Protections ; Information and Communication Technologies ; Macroeconomics and Economic Growth ; Pandemic ; Selective Data Reporting ; Social Protection ; Social Protection Expenditure ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: The claim that social protection is a luxury good-with a national income elasticity exceeding unity-has been influential. The paper tests the "luxury good hypothesis" using newly-assembled data on social protection spending across countries since 1995, treating the pandemic period separately, as it entailed a large expansion in social protection efforts. While the mean income share devoted to social protection rises with income, this is attributable to multiple confounders, including relative prices, weak governance in low-income countries and access to information-communication technologies. Controlling for these, social protection is not a luxury good. This was also true during the pandemic
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  • 15
    Language: English
    Pages: 1 Online-Ressource (55 pages)
    Parallel Title: Erscheint auch als
    Keywords: Data Opacity ; Economic Growth ; Forecasting Growth ; Inadequate Data System ; Inflation ; Oil ; Oil Exporters ; Oil Importers ; Oil Prices ; Pandemic ; Recovery
    Abstract: The MENA region is facing important vulnerabilities, which the current crises-first the pandemic, then the war in Ukraine-have exacerbated. Prices of food and energy are higher, hurting the most vulnerable, and rising interest rates from the global tightening of monetary policy are making debt service more burdensome. Part I explores some of the resulting vulnerabilities for MENA. MENA countries are facing diverging paths for future growth. Oil Exporters have seen windfall increases in state revenues from the rise in hydrocarbon prices, while oil importers face heightened stress and risk-from higher import bills, especially for food and energy, and the depreciation of local currencies in some countries. Part II of this report argues that poor governance, and, in particular, the lack of government transparency and accountability, is at the root of the region's development failings-including low growth, exclusion of the most disadvantaged and women, and overuse of such precious natural resources as land and water
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  • 16
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Economic Memorandum
    Keywords: Economic Crisis ; Finance and Financial Sector Development ; Financial Crisis Management and Restructuring ; Fiscal Adjustment ; Fiscal and Monetary Policy ; Fiscal Framework ; Global Value Chains ; Global Value Chains and Business Clustering ; Macroeconomics and Economic Growth ; Private Sector Development
    Abstract: Turkey saw phenomenal growth in the 2000s as economic reforms ushered in FDI, GVCs expanded, and productivity increased. The early 2000s saw Turkey exit from major economic crisis with a strengthened fiscal framework, a strengthened, inflation-targeting mandate for the Central Bank, the establishment of an independent bank regulator, and importantly, a recently agreed Customs Union agreement with the EU. From 2001 to 2017, incomes per capita in Turkey doubled in real terms and tripled in current dollar terms. Turkey transformed from a lower-middle-income country (LMIC) at the start of the 2000s to very nearly reaching high-income status by 2014. This drove a rapid fall in poverty from above 30 percent to just 9 percent1. Very few other countries matched Turkey's growth over this period, and almost all of them were new EU member states
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  • 17
    Language: English
    Pages: 1 Online-Ressource (24 pages)
    Parallel Title: Erscheint auch als Yuting Fan, Rachel Calamities, Debt, and Growth in Developing Countries
    Keywords: Coronavirus Economic Recovery ; COVID-19 Recovery ; Debt Financed Public Spending ; Developing Country Debt ; Disaster Recovery ; Economic Impact Of Covid Pandemic ; Economic Recover In Developing Countries ; Finance and Financial Sector Development ; Government Debt ; Pandemic Economic Impact ; Public Debt ; Public Debt Restructuring ; Public Sector Development ; Safety Nets and Transfers ; Social Protection ; Social Protections and Labor
    Abstract: Public debt in developing economies rose at a fast clip during 2020-21, at least partly due to the onset of the global Covid-19 pandemic. Nobel laureate Paul Krugman opined in early 2021 that "fighting covid is like fighting a war." This paper argues that the Covid-19 pandemic shares many traits with natural disasters, except for the global nature of the pandemic shock. This paper empirically examines trends in debt and economic growth around the onset of three types of calamities, namely natural disasters, armed conflicts, and external-debt distress in developing countries. The estimations provide quantitative estimates of differences in growth and debt trends in economies suffering episodes of calamities relative to the trends observed in economies not experiencing calamities. The paper finds that debt and growth evolve quite differently depending on the type of calamity. The evidence indicates that public debt and output growth tend to rise faster after natural disasters than in the counterfactual scenario without disasters, thus illustrating how debt-financed fiscal expansions can help economic reconstruction. The findings are different for episodes of debt distress defined as periods of debt restructuring, however. Economies experiencing debt distress are associated with growth trends that are on average below the growth rates of unaffected economies prior to and after the beginning of an episode of debt restructuring
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  • 18
    Language: English
    Pages: 1 Online-Ressource (55 pages)
    Series Statement: Middle East and North Africa Economic Update
    Parallel Title: Erscheint auch als
    Keywords: Data Opacity ; Economic Growth ; Forecasting Growth ; Inadequate Data System ; Inflation ; Oil ; Oil Exporters ; Oil Importers ; Oil Prices ; Recovery
    Abstract: The Middle East and North Africa economies face an uncertain recovery. The war in Ukraine presents significant challenges to the global economy and the MENA region. Inflationary pressures brought about by the pandemic are likely to be further exacerbated by the conflict. The potential for rising food prices is even higher, which is likely to hurt the wallets of the poor and vulnerable in the region. The COVID-19 pandemic continues to cast a shadow. As the latest variant sweeps over the region, countries grapple with a host of problems depending on initial conditions and policy priorities. The region, like the rest of the world, is not out of the woods yet. Vaccinations remain the effective path out of the pandemic, leading to lower hospitalizations and death rates. Testing helps curb the spread. During times of uncertainty, it is important to not be overconfident about the region's growth prospects. Growth forecasts serve as a significant signpost for policymakers to chart a path forward. Over the last decade, growth forecasts in the MENA region have often been inaccurate and overly optimistic, which can lead to economic contractions down the road due to ebullient borrowing. There is considerable room for the region to improve its forecasts that are largely hindered by opaque data systems, growth volatility and conflict. The MENA region lags considerably in the timely production of credible statistics. A key finding of the report is that the best way to improve forecasters is to provide forecasters with as much good quality information as possible
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  • 19
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Economic and Sector Work Reports
    Keywords: Electric Power ; Energy ; Energy Finance ; Energy Policies and Economics ; Energy Privatization ; Energy Production and Transportation
    Abstract: Over the past two decades, the leveraging of private-sector expertise and commercial capital has helped turn around Georgia's power sector from near-complete operational and financial collapse to a sector that provides secure, affordable, and reliable electricity services to Georgian customers. However, the government may not be able to sustain the current model of financing of electricity sector investments given the expected public debt and fiscal impacts. This study develops recommendations for optimizing available financing for electricity generation and transmission investments while limiting the impacts on public finance needs and fiscal risks. To this end, the study presents: (i) a summary of the historical and required investment needs in the power generation and transmission segments; (ii) a review of the constraints to mobilizing private and commercial financing with limited impact on fiscal risks; and (iii) the development of a reform roadmap to enable sustainable financing of investments in electricity generation and transmission. The objectives of this study are to: (a) identify the obstacles to optimizing available financing for power generation and transmission investments while limiting the impacts on the public finances, and (b) present recommendations to overcoming those obstacles
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  • 20
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Energy Sector Management Assistance Program Papers
    Keywords: Access To Finance ; Energy ; Finance and Financial Sector Development ; Gender ; Gender and Energy ; Solar Energy
    Abstract: The off-grid solar (OGS) sector has the potential to increase universal access to energy, alleviate poverty, support economic development, and increase gender equality. Nevertheless, although considerable advances have been made in closing gaps in access to energy, women's presence in the sector as consumers and active participants in OGS value chains remains limited. By adopting inclusive practices, governments, businesses, stakeholders, and market actors can unleash significant economic opportunities and hasten progress toward empowerment and equality and given the concessional investments that have been made in the sector, appropriate projects are an opportunity to pioneer dynamic, innovative ways to approach gender equality. This Gender Equality and Off-Grid Solar Operational Handbook responds to sectoral needs by providing operational guidance based on case studies demonstrating promising approaches to closing gender gaps in the OGS sector. The primary objective of the operational handbook is to increase the focus on off-grid energy and women's role in it at the consumer and enterprise levels. It seeks to increase productive uses of energy with a focus on women as workers in the sector, as farmers, and as business owners. It provides a practical overview of the OGS sector observed through an inclusive lens and highlights flagship projects, promising practices, and lessons learned from practitioners worldwide
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  • 21
    Language: English
    Pages: 1 Online-Ressource (94 pages)
    Parallel Title: Erscheint auch als
    Abstract: The argument that digitalization fosters economic activity has been strengthened by the global COVID-19 pandemic. Because digital technologies are general-purpose technologies that are usable across a wide variety of economic activities, the gains from achieving universal coverage of digital services are likely to be large and shared throughout each economy. However, the Middle East and North Africa region suffers from a "digital paradox": the region's population uses social media more than expected for its level of gross domestic product (GDP) per capita but uses the internet or other digital tools to make payments less than expected. The Upside of Digital for the Middle East and North Africa: How Digital Technology Adoption Can Accelerate Growth and Create Jobs presents evidence that the socioeconomic gains of digitalizing the economies of the region are huge: GDP per capita could rise by more than 40 percent; manufacturing revenue per unit of factors of production could increase by 37 percent; employment in manufacturing could rise by 7 percent; tourist arrivals could rise by 70 percent, creating jobs in the hospitality sector; long-term unemployment rates could fall to negligible levels; and female labor force participation could double to more than 40 percent. To reap these gains, universal access to digital services is crucial, as is their widespread use for economic purposes. The book explores how fast the region could approach universal coverage, whether targeting the rollout of digital infrastructure services makes a difference, and what is needed to increase the use of digital payment tools. The authors find that targeting underserved populations and areas can accelerate the achievement of universal access, while fostering competition and improving the functioning of financial and telecommunications sectors can encourage the adoption of digital technologies. In addition, building societal trust in the government and in related institutions such as banks and financial services is critical for fostering the increased use of digital payment tools
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  • 22
    Language: English
    Pages: 1 Online-Ressource (31 pages)
    Parallel Title: Erscheint auch als Print Version: Anderson, Stephen J What Prevents More Small Firms from Using Professional Business Services? An Information and Quality-Rating Experiment in Nigeria
    Abstract: Why do more small firms in developing countries not use the market for professional business services like accounting, marketing, and human resource specialists? Two key reasons may be that firms lack information about the availability of these services, and that they struggle to distinguish the quality of good versus bad providers. A brand recognition exercise finds that most small firms are unaware of most providers in this market, and a survey of service providers reveals that they largely rely on word-of-mouth and informal reputation mechanisms for acquiring customers. This study set up a business services marketplace that contains information about the different providers present in the market and used mystery shopper visits to develop a quality ratings system. A randomized experiment with more than 1,000 firms provided access to this marketplace to the treatment group and randomized whether firms received just information or also quality ratings. The provision of quality ratings information shifts small firms' preferences over which provider they would like to use, increasing the average quality rating of their preferred providers by 0.2 to 0.4 ratings points out of 5. However, neither the provision of information nor these quality ratings had any significant impact on the likelihood that small firms go on to hire a business service provider over the subsequent six months. The results suggest that alleviating information frictions alone is insufficient to increase usage of professional business services
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  • 23
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: This document offers guidelines for the preparation of feasibility studies for geothermal power projects in accordance with best industry practices. A geothermal feasibility study is a document, prepared by the project developer, that collects and presents information necessary to determine the technical and financial viability of a geothermal energy project and its compliance with environmental and social safeguards. In a broad sense, a feasibility study is a living document that evolves over the course of the project preparation phase. Such studies may also have specific purposes, such as to guide the internal business decisions of a project's owners or to demonstrate the economic viability of a project and its alignment with the country's energy strategy to public stakeholders. The guidelines presented here refer, specifically, to feasibility studies prepared for the purpose of securing financing, both debt and equity. A project developer prepares a feasibility study using reliable data so that financiers can assess the risks associated with a project. A feasibility study should identify the main risks and describe how they will be managed. A necessary condition for receiving funding is that financiers can assess project risks and their magnitude and whether these are in a range they are willing to accept. The guidelines offered in this document have two purposes. The first is to help project developers understand the required content and structure of a feasibility study. The second is to suggest how financing entities may assess whether a feasibility study is of adequate quality and scope. The topics addressed in a feasibility study for any power generation project are quite similar irrespective of the energy conversion technology. However, several aspects of geothermal projects set them apart from other power generation projects. For example, geothermal projects need significant investments in drilling relatively early in the project lifetime to reduce resource uncertainty. Even though the focus here is on geothermal projects for electricity production, most of the recommendations presented are equally valid for direct-use geothermal projects
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  • 24
    Language: English
    Pages: 1 Online-Ressource (55 pages)
    Series Statement: Middle East and North Africa Economic Update
    Parallel Title: Erscheint auch als
    Keywords: Current Account ; Economic Growth ; External Balances ; Fiscal Balance ; Oil ; Oil and Gas ; Oil Exporters ; Oil Importers ; Oil Prices ; Productivity
    Abstract: Overconfident: How Economic and Health Fault Lines Left the Middle East and North Africa Ill-Prepared to Face COVID This report examines the region's economic prospects in 2021, forecasting that the recovery will be both tenuous and uneven as per capita GDP level stays below pre-pandemic levels. COVID-19 was a stress-test for the region's public health systems, which were already overwhelmed even before the pandemic. Indeed, a decade of lackluster economic reforms left a legacy of large public sectors and high public debt that effectively crowded out investments in social services such as public health. This edition points out that the region's health systems were not only ill-prepared for the pandemic, but suffered from over-confidence, as authorities painted an overly optimistic picture in self-assessments of health system preparedness. Going forward, governments must improve data transparency for public health and undertake reforms to remedy historical underinvestment in public health systems
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  • 25
    Language: English
    Pages: 1 Online-Ressource (34 pages)
    Parallel Title: Erscheint auch als Print Version: Bah, Tijan L How has COVID-19 Affected the Intention to Migrate via the Backway to Europe and to a Neighboring African Country? Survey Evidence and a Salience Experiment in the Gambia
    Abstract: The COVID-19 pandemic has resulted in border closures in many countries and a sharp reduction in overall international mobility. However, this disruption of legal pathways to migration has raised concerns that potential migrants may turn to irregular migration routes as a substitute. This paper examines how the pandemic has changed intentions to migrate from The Gambia, the country with the highest pre-pandemic per-capita irregular migration rates in Africa. A large-scale panel survey conducted in 2019 and 2020 is used to compare changes in intentions to migrate to Europe and to neighboring Senegal. The data show that the pandemic has reduced the intention to migrate to both destinations, with approximately one-third of young males expressing less intention to migrate. The largest reductions in migration intentions are for individuals who were unsure of their intent pre-pandemic, and for poorer individuals who are no longer able to afford the costs of migrating at a time when these costs have increased and their remittance income has fallen. This paper also introduces the methodology of priming experiments to the study of migration intentions, by randomly varying the salience of the COVID-19 pandemic before eliciting intentions to migrate. There is no impact of this added salience, which appears to be because knowledge of the virus, while imperfect, was already enough to inform migration decisions. Nevertheless, despite these decreases in intentions, the overall desire to migrate the backway to Europe remains high, highlighting the need for legal migration pathways to support migrants and divert them from the risks of backway migration
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  • 26
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Energy Sector Management Assistance Program Papers
    Keywords: Coal and Lignite ; Energy ; Energy and Environment ; Energy Demand ; Energy Policies and Economics ; Renewable Energy
    Abstract: Coal plants worldwide are grappling with low-capacity utilization levels and environmental issues; and have not only become unprofitable to utilities, but also uneconomical to customers. Developed countries with significant coal capacities such as Australia, Canada, Germany, the United Kingdom (UK), and the United States (US), are taking different approaches to wean away from coal. One such approach includes retiring and repurposing coal plants for various productive end uses, including solar plants, wind plants, data centers, and energy storage. Developing countries may gain much from the experience of their developed counterparts. Against this backdrop, the authors briefly examine the power situation in three developing countries, namely, South Africa, Chile, and India, based on their economic prowess within respective regions, predominance of coal in economic activities, and vulnerability to climate change, which make an interesting case for an analysis of repurposing coal plants in developing countries. This study presents the concepts and components of a cost-benefit analysis needed for a coal plant repurposing project
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  • 27
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: Some 4 billion people still cook with traditional polluting fuels and technologies. The adverse development impacts from households continued use of polluting stove-and-fuel combinations are significant. Transitioning this population to modern cooking services (MECS) - part of United Nation (UN) sustainable development goal 7 - remains a significant challenge. This report presents the findings of a systematic review of published evidence on demand- and supply-side drivers of and barriers to transitioning populations to MECS. The barriers and drivers identified include, but are not limited to, education levels and wealth status; peer influence and trust in stove information source; competition with existing fuels and technologies; and program design features, including technology, training, and after sales support. The report provides key recommendations for overcoming the challenges that inhibit large-scale transition to MECS: (i) better focused programs that consider the socioeconomic realities of the target groups, such as financial mechanisms that address affordability constraints; (ii) incorporating measures that concurrently tackle existing stove technologies and current fuel use practices that programs aim to displace; and (iii) address awareness creation as a separate MECS intervention, with public sector investments on this component
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  • 28
    Language: English
    Pages: 1 Online-Ressource (55 pages)
    Parallel Title: Erscheint auch als
    Abstract: Part I of this report discusses the short- and medium-term growth prospects for countries in the Middle East and North Africa (MENA). The region is expected to grow at a subdued rate of 0.6 percent in 2019, rising to 2.6 percent in 2020 and 2.9 percent in 2021. The growth forecast for 2019 is revised down by 0.8 percentage points from the April 2019 projection. MENA's economic outlook is subject to substantial downside risks-most notably, intensified global economic headwinds and rising geopolitical tensions. Part II argues that promoting fair competition is key for MENA countries to complete the transition from an administered to a market economy. Part II first examines current competition policies in MENA countries and to promote fair competition calls for strengthening competition law and enforcement agencies. It also calls for corporatizing state-owned enterprises, promoting the private sector and creating a level-playing field between them. Any moves to reform MENA economies would be aided by professional management of public assets, which could tap into a new source of national wealth
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  • 29
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (23 pages)
    Parallel Title: Erscheint auch als Print Version: Lokshin, Michael Would Mexican Migrants be Willing to Guarantee Americans a Basic Income?
    Abstract: The paper simulates a double-sided competitive market in temporary work permits between the U.S. and Mexico. Eligible working-age Americans would have the option of renting out their implicit work permits while Mexican workers have remunerative new opportunities. With plausible allowances for migration costs, the market can support a self-financed and self-targeted basic income for Americans and lower their poverty rate. With sufficiently high tax rates on work permits, the scheme can be managed to avoid a large increase in the count of total migrants compared to now. The likely change in the skill composition of migrants would raise U.S. GDP
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  • 30
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (49 pages)
    Parallel Title: Erscheint auch als Print Version: Batista, Catia Testing Classic Theories of Migration in the Lab
    Keywords: Destination Choice ; Employment and Unemployment ; International Economics and Trade ; International Migration ; Lab Experiment ; Migrant Selection ; Poverty Reduction ; Social Protections and Labor ; Wages, Compensation and Benefits
    Abstract: The predictions of different classic migration theories are tested by using incentivized laboratory experiments to investigate how potential migrants decide between working in different destinations. First, the authors test theories of income maximization, migrant skill-selection, and multi-destination choice as they vary migration costs, liquidity constraints, risk, social benefits, and incomplete information. The standard income maximization model of migration with selection on observed and unobserved skills leads to a much higher migration rate and more negative skill-selection than is obtained when migration decisions take place under more realistic assumptions. Second, these lab experiments are used to investigate whether the independence of irrelevant alternatives assumption holds. The results show that it holds for most people when decisions just involve wages, costs, and liquidity constraints. However, once the risk of unemployment and incomplete information is added, independence of irrelevant alternatives no longer holds for about 20 percent of the sample
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  • 31
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Energy Sector Management Assistance Program Papers
    Keywords: Energy ; Energy and Environment ; Energy Policies and Economics ; Solar Energy
    Abstract: As the world's fastest-growing local energy technology, distributed photovoltaics (DPV) has upended the traditional paradigm of one-way power flow from the grid to consumers. Solar electricity systems located close to grid consumers known here as DPV empower consumers to produce electricity for themselves and for the grid. Thanks mainly to falling PV costs, DPV has become a viable way to meet energy needs for a widening array of consumers. Worldwide, installed capacity of DPV exploded from just a few megawatts (MW) in 2000 to 250 gigawatts (GW) in 2019; and it is forecast to exceed 500 GW by 2025. Poorly managed, DPV scale-up can then erode utility finances and interfere with grid operation. Yet, as explained in this report, well-managed DPV can benefit not only DPV owners but also contribute to reliable grid operation and a financially sound electricity sector. DPV offers multiple types of benefits relevant for low- and middle-income countries, especially when it can reduce electricity costs and widespread dependence on diesel generators. This report is an overview of DPV in different country contexts, and it is aimed at energy ministries and other decision-makers. Chapter 1 introduces key concepts and the recent status of the DPV market. It also highlights key potential value propositions of DPV for different stakeholders, including consumers, utilities, governments, and society as a whole. Chapter 2 presents nine specific ways in which distributed photovoltaics (PV) is or could be used to solve problems faced in low and middle-income country contexts
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  • 32
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Energy Sector Management Assistance Program Papers
    Keywords: Energy ; Energy Resources Development ; Hydro Power ; Hydropower ; Renewable Energy ; Solar Energy ; Thermal Energy ; Windpower
    Abstract: Understanding the location and potential of renewable energy resources is a crucial pre-requisite to their utilization, and to scaling up clean and secure sources of electricity generation such as biomass, small hydropower, solar, and wind. However many countries do not have high quality, publicly available data on renewable energy resource potential and this limits the potential for informed policy development, including zoning guidance, transmission network planning, and price regulation or incentives. It also narrows the field of potential commercial developers, and raises the cost of undertaking preliminary site identification and financial analyses. This report draws on many years of experience within the World Bank Group and among other development partners in carrying out renewable energy resource assessment and mapping at the country level, in particular from 12 projects funded by the Energy Sector Management Assistance Program (ESMAP) under a major global initiative launched in 2012. The report's purpose is to explain, for a wide range of audiences, the importance of resource assessment and mapping, key steps and good practices, methodological issues, and potential sources for further advice and support
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  • 33
    Language: English
    Pages: 1 Online-Ressource (40 pages)
    Parallel Title: Erscheint auch als Print Version: McKenzie, David Aspirations and Financial Decisions: Experimental Evidence from the Philippines
    Abstract: A randomized experiment among poor entrepreneurs tested the impact of exogenously inducing higher financial aspirations. In theory, raising aspirations could have positive effects by inducing higher effort, but could also reduce effort if unmet aspirations lead to frustration. Treatment resulted in more ambitious savings goals, but nearly all individuals fell far short of reaching these goals. Two years later, treated individuals had not saved more, and actually had lower borrowing and business investments. Treatment also reduced belief in the amount of control over one's life. Setting aspirations too high can lead to frustration, leading individuals to reduce their economic investments
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  • 34
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Energy Study
    Keywords: Electric Power ; Energy ; Energy Policies and Economics ; Energy Sector Regulation ; Power Generation ; Power Sector Reform ; Utilities
    Abstract: At the time of independence, in 1991, Ukraine had a monolithic state-run power sector. Its main concern was to transform the sector into a more efficient and competitive system that can be consistent with eventual European Union membership. A series of steps were taken in this direction - some unbundling of the sector; limited privatization; establishing a regulator; and creating a wholesale power market. Unfortunately, these reform steps did not achieve the reform objectives, and, at the time, there was no political consensus on the path forward. The changing regional political landscape, especially driven by the Crimea crisis, raised a fresh impetus for the reforms as the sector faced new concerns. Security of supply concerns, particularly over gas from Russia and limited access to high quality coal mines, were suddenly centerstage for a country where the inherited system had excess supply even at peak demand. Sector reforms were undertaken to align more closely with the second and third European Union energy packages. This case study follows Ukraine power sector's reform process and presents lessons learned that can be useful for other developing countries
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  • 35
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: How we guide progress toward achieving access to modern-energy cooking solutions for all is more critical than ever before. To date, measurements of access have focused primarily on fuel penetration, overlooking many of the contextual factors that shape users' adoption of stoves and fuels. Over the past decade, much attention has focused on expanding access to clean cooking solutions, defined by the technical attributes of combustion and heat-transfer efficiency and emissions. However, the 2020 Tracking SDG 7: The Energy Progress Report finds that the annual increase in access to clean cooking fuels and technologies between 2010 and 2018 averaged just 0.8 percentage points. In Sub-Saharan Africa, population growth outpaced the annual growth in access. Most progress was in urban areas, with rural areas continuing to fall behind. Clearly, without a more complete understanding of the local context of cooking 'including users' cooking experience, their physical cooking environment, and the markets and energy ecosystems in which they live-the uptake and sustained use of the stove technology-and-fuel solutions available today will remain limited
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  • 36
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: Solar radiation is essentially a free resource available anywhere on Earth, to a greater or lesser extent. Solar PV power plants convert solar radiation into electricity. In the current era of global climate change, PV technology becomes an opportunity for countries and communities to transform or develop their energy infrastructure and step up their low-carbon energy transition. Until now, a global and harmonized assessment of country-level PV potential has not existed. This report aims to provide an aggregated and harmonized view on solar resource and PV power potential from the perspective of countries and regions, assuming a utility-scale installation of monofacial modules fixed mounted at an optimum angle, which has been the prevailing setup of a PV power plant
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  • 37
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: Cities are getting hotter as a result of growing urbanization and global climate change. The negative impacts of temperature increases are significant and touch nearly every aspect of urban life. Protecting populations from extreme heat is one of the key resiliency and sustainability challenges of the twenty- first century. Successfully implementing measures to cool cities will lead to many benefits, including for health, well-being, productivity, air quality, and energy systems. Urban cooling solutions can be deployed in the short term to help mitigate the risk of rising urban air temperatures. This primer and its companion report, Cool City Case Studies: Reducing Urban Heat, provide practical, actionable guidance and examples for implementers, policy makers, and planners tasked with mitigating urban heat impacts
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  • 38
    Language: English
    Pages: 1 Online-Ressource (48 pages)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Ana Paula, Ana Paula The Effects of Digital-Technology Adoption on Productivity and Factor Demand: Firm-Level Evidence from Developing Countries
    Abstract: This paper presents firm-level estimates of revenue-based total factor productivity premiums of manufacturing firms adopting digital technology in 82 developing economies over 2002-19. The paper estimates productivity using the control function approach and assuming an endogenous revenue-based total factor productivity process, which is a function of multiple firm-choice variables. It estimates the effects of digital technology adoption, learning by exporting, and managerial experience on revenue-based total factor productivity and factor demand. The results reject the 0 hypothesis of an exogenous revenue-based total factor productivity process, in favor of one in which digital technology adoption, along with the other choice variables, affects revenue-based total factor productivity and factor demand. The estimated premiums are positive for 67.3 (email adoption), 54.6 (website adoption), 59.4 (learning by exporting), and 60.6 (managerial experience) percent of the sample. The probability-adjusted median (log) revenue-based total factor productivity premium associated with email adoption is 1.6 percent and that of website adoption is 2.2 percent, with the latter being higher than the premiums corresponding to exporting and managerial experience. On average, changes in digital technology adoption, email, and website are labor and capital augmenting. The paper also explores the role of complementarities among the firm choice variables
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  • 39
    Language: English
    Pages: 1 Online-Ressource (55 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Middle East and North Africa Economic Update
    Parallel Title: Erscheint auch als
    Abstract: Part I of this report discusses the short- and medium-term growth prospects for countries in the Middle East and North Africa (MENA). The region is expected to grow at a subdued rate of 0.6 percent in 2019, rising to 2.6 percent in 2020 and 2.9 percent in 2021. The growth forecast for 2019 is revised down by 0.8 percentage points from the April 2019 projection. MENA's economic outlook is subject to substantial downside risks-most notably, intensified global economic headwinds and rising geopolitical tensions. Part II argues that promoting fair competition is key for MENA countries to complete the transition from an administered to a market economy. Part II first examines current competition policies in MENA countries and to promote fair competition calls for strengthening competition law and enforcement agencies. It also calls for corporatizing state-owned enterprises, promoting the private sector and creating a level-playing field between them. Any moves to reform MENA economies would be aided by professional management of public assets, which could tap into a new source of national wealth
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  • 40
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: This report elucidates the role of financial innovation in the off-grid solar sector and provides a roadmap for practitioners, financiers, and entrepreneurs navigating capital raises for companies active in the sector. It examines a full range of established and frontier financing options. It illustrates that some technology-enabled financial innovations, such as peer-to-peer business lending, are already playing an important role in the sector. It was prepared by the World Bank Group and the Cambridge Centre for Alternative Finance, the University of Cambridge Judge Business School, with support from ESMAP
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  • 41
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Study
    Abstract: In the future, green hydrogen-hydrogen produced with renewable energy resources-could provide developing countries with a zero-carbon energy carrier to support national sustainable energy objectives, and it needs further consideration by policy makers and investors. Developing countries with good renewable energy resources could produce green hydrogen locally, generatingeconomic opportunities, and increasing energy security by reducing exposure to oil price volatility and supply disruptions. Support from development finance institutions and concessional funds could play an important role in deploying first-of-a-kind green hydrogen projects, accelerating the uptake of green hydrogen in developing countries, and increasing capacity and creating the necessary policy and regulatory enabling environment
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  • 42
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: Developed in the context of the rapidly growing demand for space cooling and the critical need for access to affordable space cooling solutions, this primer aims to introduce a broad audience to the topic of space cooling and its key considerations, and to help initiate and advance sustainable space cooling into policy discussions and investment considerations in developing countries. The global energy use for space cooling is projected to grow three-fold between 2016 and 2050, with a majority of this growth occurring in developing countries. While the growing need for space cooling is in alignment with the developmental needs of countries, this growth must be addressed with carefully designed strategies and solutions to avoid severe economic, power system, and environmental impacts. Underscoring an integrative approach to space cooling, the primer provides with an overview of strategies that reduce the cooling loads of buildings by applying building efficiency measures that enhance thermal performance, serve the cooling load as efficiently as possible through appropriate choice of cooling solution and utilization of most efficient cooling equipment available, and optimize the performance of cooling through their operation. Discussing the barriers to implement sustainable space cooling, the primer also presents demonstrated space cooling intervention strategies that can help overcome these barriers, with over 100 real-world examples and implementation considerations included in the Compendium
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  • 43
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Study
    Abstract: Energy storage is particularly well suited to developing countries' power system needs. Developing countries frequently feature weak grids. These are characterized by poor security of supply, driven by a combination of insufficient, unreliable and inflexible generation capacity, underdeveloped or nonexistent grid infrastructure, a lack of adequate monitoring and controlequipment, and a lack of skilled human resources and adequate maintenance. In this context,energy storage can help enhance reliability. Deployed together with VRE, it can help displacecostly and polluting generation based on liquid fuels while increasing security of supply.Storage can also help defer and/or avoid the construction of new grid infrastructure
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  • 44
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: The call for urgent action to address climate change and develop more sustainable modes of energy delivery is generally recognized. It is also apparent that batteries, both in the transportation and the power sectors, need to play a predominant role if the global community is to limit global warming to two degrees Celsius. Simply put, nations' efforts will focus largely on electrifying transportation systems to be supported by power systems that deliver low carbon energy, using a range of renewable technologies. Stationary batteries will play a critical role in not only providing direct energy services, but also in acting as backup providers when renewable resources are only able to provide intermittent services, dependent on local climatic and other circumstances. The objective of this report is to provide an overview of the state of affairs with regards to reuse and recycling of lithium-ion or Li-ion batteries, in order to assess if and to what extent developing countries can and should play a larger role in this burgeoning area
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  • 45
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: Cooking with electricity could make a significant contribution to achieving Sustainable Development Goal No.7 by simultaneously enabling cost-effective access to modern energy and clean cooking, and proposing the steps needed to realize this opportunity. Five case studies are presented, comparing the current and projected costs to the consumer of a range of electric cooking (eCooking) solutions with current expenditures on cooking fuels. The findings show that eCooking can be a cost-effective option for some consumers in both off-grid and grid-connected settings and is likely to become increasingly viable in the near future. The use of energy efficient eCooking appliances can challenge the widespread perception that electricity is too expensive for cooking in developing country contexts. Innovative financing and delivery models are vital in making eCooking devices affordable. This will hinge upon private sector willingness-in particular solar companies, mini grid operators, and utilities-to adopt the technology as part of the services offered to customers. Unlocking these emerging opportunities could enable transformative impact for the 2.8 billion people still cooking with biomass. This will take concerted global effort to create an enabling environment that can facilitate the integration of electric cooking into electrification planning and renewable energy investments
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  • 46
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: This compendium presents examples and analyses of space cooling interventions from across the world (from both developed and developing countries), with an aim to highlight the key insights learned. Interventions discussed in the compendium are meant to be options to inform strategies, implementation mechanisms, and road maps for countries that are seeking to address and increase sustainable space cooling. Interventions involve a combination of actions reducing cooling loads, serving cooling needs efficiently, and optimizing and controlling cooling loads. While each country will chart its own pathway toward sustainable space cooling, the need for a multipronged approach consistently applies. The best outcomes will emerge from a multipronged approach that incorporates information, policy and regulatory measures, clear leadership, financing and implementation models, training, and research and development. The objectives of the primer are to introduce a broad audience, including practitioners in different fields, to space cooling and to help initiate and advance sustainable space cooling into policy discussions and investment considerations in developing countries. The primer explains the foundational aspects of space cooling, makes the case that sustainable space cooling achieved through low-energy and low-climate-impact pathways is a critical priority, and emphasizes an integrative approach as essential to addressing space cooling sustainably
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  • 47
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: Energy efficiency is among the cheapest, cleanest, and most widely available of energy resources. Improved energy efficiency provides opportunities to sustainably expand energy services and support development and economic growth, contributing to higher living standards, as well as reducing greenhouse gas emissions. In developing countries, where demand for energy is growing rapidly, the potential for energy efficiency improvements is significant, particularly in the residential sector. The purpose of this guide is to raise awareness of behavioral approaches to achieving development outcomes, demonstrate the role that behavioral sciences can play in promoting energy efficiency, and provide guidance on how to integrate behavior change approaches into projects
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  • 48
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: This technical guide is the third in a series of four technical guides on variable renewable energy (VRE) grid integration produced by the Energy Sector Management Assistance Program (ESMAP) of the World Bank and the Global Sustainable Electricity Partnership (GSEP). It provides guidance on how to approach power system studies, which are required to ensure the stable interconnection of utility-scale VRE plants into the grid. The report, which focuses on the transmission grid, identifies the steps the grid operator and the VRE resource entity need to follow to integrate these resources safely and effectively. It shows how power system studies verify that adequate reserves and system resources exist or what additional measures are required to reliably serve demand under credible contingencies, such as the loss of a generating unit, a transformer, or a transmission facility. The requirements for integration are elaborated in Technical Guide 1 (Grid Integration Requirements for Variable Renewable Energy)
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  • 49
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: This technical guide is the first in a series of four technical guides on variable renewable energy (VRE) grid integration produced by the Energy Sector Management Assistance Program (ESMAP) of the World Bank and the Global Sustainable Electricity Partnership (GSEP). It provides a general overview of the intrinsic characteristics of VRE generation, mainly solar PV and wind, what the main challenges are along with some recommendations for VRE technical specifications, applicable standards, and essential testing. The main focus of the document presents a detailed outline of the essential requirements for VRE integration into the power grid. The requirements differ for different levels of penetration but would require fundamental grid compliance requirements that must be reflected in any grid. This document provides these requirements along with recommendations of advanced VRE integration requirements that could be reflected in the power system operations with these VRE resources. The compliance with the technical requirements where applicable is validated through extensive series of interconnection studies which are further elaborated in "STUDIES FOR GRID CONNECTION OF VARIABLE RENEWABLE ENERGY GENERATION PLANTS - Technical Guide 3"
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  • 50
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: This report integrates primary and secondary research with COM-B (Capability, Opportunity, Motivation - Behavior) theoretical framework for understanding and effecting behavior change and consumer decisions on usage of efficient biomass stoves. Organized around seven themes - awareness, consumer finance, trust, access, understanding, product features, and gender - the report presents the outcomes of stakeholder interviews, consumer focus groups, and household surveys aimed at gaining a deeper understanding of the factors that determine perception of improved stoves and drive consumer decisions. It then proposes behavioral levers that the authors believe may increase the likelihood of uptake of efficient stoves and that can be ultimately used to maximize effectiveness of marketing by the private sector, design awareness campaigns, and sharpen the focus of development projects. The report primarily focuses on issues around improvement of biomass fuel usage efficiency and does not directly consider alternate cooking solutions, which might merit a more comprehensive review
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  • 51
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: Although geothermal energy is globally recognized as a clean and reliable source of heat and electric power its development can inadvertently lead to adverse outcomes that disproportionately disadvantage women. Based on good practices and lessons learned, this report introduces ways that geothermal projects can mitigate risks and pursue opportunities to address gender gaps within the project cycle. It outlines the risks and opportunities associated with (i) changes in land and natural resource use, (ii) changes to employment and economic patterns, and (iii) changes to environment and health. Beyond mapping risks and opportunities, the report makes the case for focusing on the gaps between men and women from the project outset. Once gaps, key stakeholder risks, and additional development opportunities have been identified, project teams have an opportunity to address them through actions. The report provides guidance on how to include specific monitoring and evaluation indicators in the results framework for geothermal projects that measure progress toward closing gaps between men and women. In addition, the report contains an overview of guidance and toolkits developed, selected global case studies, and other resources so that project teams, governments, and geothermal developers have additional guidance on hand to prepare more equitable projects
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  • 52
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: This technical guide is the second in a series of four technical guides on variable renewable energy (VRE) grid integration produced by the Energy Sector Management Assistance Program (ESMAP) of the World Bank and the Global Sustainable Electricity Partnership (GSEP). It focuses on the main functionalities, differences and benefits of various compensation devices that can be employed to increase system transfer capacity, system stability, power quality and flexibility to cope with increasing penetrations of renewables in the system. The applications of FACTS devices are associated with four essential technical enhancements of system capacity, system reliability, power quality and system controllability. The application of the FACTS devices for these enhancements would depend on the system needs which would be identified and recommended through the power system studies during the interconnection process. Power system studies are further elaborated in "STUDIES FOR GRID CONNECTION OF VARIABLE RENEWABLE ENERGY GENERATION PLANTS - Technical Guide 3"
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  • 53
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: The objective of this document is to provide guidance for the development and implementation of a national energy efficiency (EE) investment program for public buildings in the Kyrgyz Republic. It begins by assessing the country's EE potential; analyzing its institutional, legislative and financial frameworks; reviewing the market for EE supply and services; and summarizing current barriers to EE implementation in the public sector. It then provides two forward-looking chapters: a vision 2040 list of medium- and long-term targets for a sustainable, climate-resilient, safe, and low-carbon stock of public buildings in the Kyrgyz Republic by 2040, with reference to the United Nation (UN) sustainable development goals and the draft concept for the development of the fuel and energy sector of the Kyrgyz Republic until 2040; and a roadmap and accompanying catalogue of recommended measures that sets out the steps and timeframe necessary to: improve the political and regulatory framework for EE; strengthen the delivery capacities of relevant institutions and sectoral stakeholders; and scale up the nation's EE investments in the country
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  • 54
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: Ulaanbaatar's heating sector is struggling to meet accelerating demand growth. Over the past twodecades, population growth in Mongolia's capital city has increased exponentially, mainly due to rapid rural-to-urban migration, and it is expected to reach 1.9 million by 2035. With urbanization and economic growth, new buildings are being built at a rapid pace, requiring connections to the district heating (DH) network. Over the next decade, it is projected that urban heating demand will grow by an average annual rate of 5-6 percent. At the same time, the DH network-once Ulaanbaatar's principal heat supply-is deteriorating. About two-fifths of the population (some 120,000 households) are supplied from the DH network. However, the system is dilapidated, resulting from a lack of investments for needed rehabilitation and upgrading in past decades. Owing to high water losses, the quality of replenishment water has not been adequately maintained to prevent corrosion; thus, piping is typically quite old and corroded. The total length of transmission pipelines is about 130 km (dual pipe) with pipe diameters in a range of 200-1,200 mm. It is estimated that 50 percent of the transmission pipelines are in poor technical condition, urgently requiring replacement. The secondary (distribution) network, with a total trench length of about 226 km, has a variety of owners and operators and also requires major rehabilitation and replacement. Tariffs, which are set below cost-recovery levels, exacerbate the sector's financial distress and contribute to its decay. Despite recent adjustments, consumer tariffs remain lower than the cost-recovery level, requiring state subsidies for sector operators and cross-subsidies at various points along the entire heat supply chain. Tariff-related cost allocations between electricity and heat customers lead to indirect subsidies for residential DH customers. The average DH price of 0.8 US Dollars per GJ (2014 figure) is approximately 10-20 times lower than in such Eastern European cities as Vilnius or Warsaw, and even lower than in other European cities. The sector's 2013 Master Plan estimated that a 130 percent increase in the heat tariff would be needed to achieve full cost recovery. The situation has changed little in recent years
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  • 55
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: Approximately 1.2 billion ...
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  • 56
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: This technical guide is the fourth in a series of four technical guides on variable renewable energy (VRE) grid integration produced by the Energy Sector Management Assistance Program (ESMAP) of the World Bank and the Global Sustainable Electricity Partnership (GSEP). It provides guidance on the role and benefits of forecasting as a cost-effective operational solution to manage the uncertainty of VRE generation and facilitate the integration of larger shares of these resources in the energy mix. The guide focuses primarily on the types of forecasting methods and how physical and statistical models are used for developing short- to long-term forecasts. Technological advances in weather forecasting, together with better data on historical performance of renewable energy, allow significantly improved forecasting accuracy of VRE generation, which results in more efficient utilization. Examples from developing countries illustrate how the approach to forecasting varies depending on the country's electricity market structure and requirements
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  • 57
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: Floating solar photovoltaic (FPV) technology is considered commercially viable, given the number of largescale projects that have been implemented. Challenges to its deployment remain, however, including the lack of a robust track record; uncertainty about costs; uncertainty about the environmental impact; and the technical complexity of designing, building, and operating on and in water (especially electrical safety, anchoring and mooring issues, and operation and maintenance). This handbook provides developers, utilities, contractors, investors, regulators, and decision makers with practical guidelines on FPV projects. Most of the handbook focuses on technical aspects relating to developing and operating FPV projects; some sections focus on commercial and legal aspects. Most of the observations are made for inland water bodies or near-shore coastal FPV installations. Many observations incorporate learning and opinions from the industry, but they are also based on the experience from the 1 megawatt-peak (MWp) floating solar testbed in the Tengeh Reservoir in Singapore. The testbed has a comprehensive monitoring system that tracks more than 500 parameters in real time, ranging from electrical to meteorological and module-related factors. Given the early stage development of the technology, this handbook cannot answer all questions about FPV. Further studies and field data analysis are needed to better understand some of the risks of FPV systems, especially their environmental impact and long-term performance. All recommendations provided in this report are based on past and current experiences, which are limited to several years of operating data for most projects. A longer operating lifetime of FPV installations will lead to new and improved recommendations and best practices; new developments in technology,testing, certification, and equipment/materials deployed are likely to evolve as the industry grows and diversifies. An active dialogue among all stakeholders, public and private, is required to further the global understanding of FPV technologies and the development of well-designed projects while minimizing possible negative environmental and social impacts. Through this handbook, the World Bank Group, the Energy Sector Management Assistance Program (ESMAP), and the Solar Energy Research Institute of Singapore (SERIS) hope to contribute to this goal and to disseminate lessons learned from early projects
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  • 58
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: For many years, offshore wind was the expensive cousin of onshore wind with generation costs in the range of USD 150 to USD 200 per megawatt hour (MWh). This changed dramatically between 2016 and 2017 when a series of competitive tenders in Europe witnessed strike prices fall below USD 100/MWh, culminating in projects that bid into merchant markets with no subsidy at all. Prices have continued to drop thanks to technological improvements, economies of scale, maturation of supply chains, better procurement strategies, and the efforts of large and sophisticated project developers, including several from the utility and oil and gas sectors. However, to date the offshore wind industry has remained largely confined to Europe and China. As prices continue to drop, offshore wind is increasingly gaining traction in emerging markets. Projections suggest that offshore wind will add between 7 to 11 gigawatts (GW) per year from 2019 to 2024, reaching between 15 to 21 GW/year from 2025 to 2030. While much of the growth is expected in Europe, China, and new Organization for Economic Co-operation and Development (OECD) markets including Japan, South Korea, and the United States, there is ample potential for developing countries to ride on this momentum and ramp up their local offshore markets. This report presents eight case studies on the technical potential for offshore wind in Brazil, India, Morocco, the Philippines, South Africa, Sri Lanka, Turkey, and Vietnam (here, technical potential is calculated on the basis of wind speed and water depth). Considering offshore areas within 200 kilometers (km) of the coast, 3 these eight countries have a total technical potential of approximately 3.1 terawatts, including 1,016 GW of fixed capacity and 2,066 GW of floating capacity
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  • 59
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: Sustainable energy is at the heart of the global development and climate change agenda. Reaching the targets set by the United Nation's Sustainable Development Goal 7 (SDG7) will require a rapid increase in energy access, renewable energy and the efficient use of existing energy resources. Public debate centers on securing adequate finance to meet these global targets, but evidence demonstrates that policy can often be a prerequisite for mobilizing finance. RISE 2018 demonstrates that progress on sustainable energy outcomes has often been preceded by long-term efforts to strengthen policy and regulatory environments. Precisely because policy matters, it is important to track how well countries are doing in creating the regulatory environment needed to accelerate achievement of sustainable energy goals. RISE provides such a global scorecard which summarizes countries' regulatory environments. It does so by tracking the adoption of good-practice policies with respect to energy access, energy efficiency, and renewable energy at the country level as of December 2017, scoring them on a scale from 1 to 100, and classifying the strength of a country's policy environment according to a "traffic light" system with green for advanced, yellow for intermediate, and red for early stage. Poor creditworthiness of utilities undermines the sustainable energy agenda. Power utilities are among the central actors in the energy sector in most countries, and their financial health is critical for the viability of investments across the sustainable energy agenda. As of 2016, however, only about half of all power utilities met several basic creditworthiness requirements. Moreover, performance on almost all dimensions of credit-worthiness has deteriorated since 2012. The situation is particularly acute in low-access countries, where the number of utilities meeting basic creditworthiness criteria has dropped, falling from 63 percent in 2012 to 37 percent in 2016. Good institutions and enforcement are also necessary elements to achieve sustainable energy results. Adopting good practice policies will not yield results without strong institutions and consistent enforcement. RISE 2018 has incorporated proxy enforcement indicators to provide some sense of the level of attention that countries are giving to enforcement issues
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  • 60
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: TRACE 2.0 incorporates almost 100 recommendations for energy interventions. Following requests from municipal officials for more detailed technical and financial assessment, this version provides simple customizable models for each intervention. Through intervention calculators, users can quickly calculate costs and benefits for each recommendation. The manual is a practical guide for city officials and energy experts. TRACE 2.0 software and manual are available at https://esmap.org/TRACE. ESMAP first developed TRACE in 2008 to help city officials quickly identify energy efficiency performance gaps and opportunities in various public sectors including lighting, water/wastewater, buildings, transportation, solid waste, and power/heating. It guides users through data collection and sector prioritization-considering constraints such as technical capacity and finance-to generate recommendations to improve cities' energy efficiency. TRACE can help build this framework and initiate a process in a municipal government by using standardized data to address various issues. TRACE has supported more than 80 cities to develop long-term energy efficiency strategies and investment pipelines by increasing understanding of cross-sectoral energy challenges, helping direct funds for dedicated energy efficiency investments, and pointing to legislative adjustments, as well as improving local administrators' ability to identify, plan, and implement energy efficiency solutions across sectors
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  • 61
    ISBN: 9781464809781
    Language: English
    Pages: Online-Ressource (1 online resource (196 p.))
    Edition: Online-Ausg.
    Series Statement: Latin America and Caribbean Studies
    Series Statement: World Bank E-Library Archive
    Parallel Title: Druckausg.
    Keywords: Labor Market Integration ; Regional Integration ; Trade Integration ; Economic Integration ; Stability
    Abstract: This book proposes a renewal of 'Open Regionalism' in Latin America and the Caribbean (LAC) aimed at achieving the region's goals of high growth with stability. The LAC region experienced a growth spurt with equity during the first decade of the 21st Century. It is well understood that an unsustainable demand boom fueled by terms-of-trade improvements drove this growth acceleration episode, especially in South America. Unfortunately, terms of trade are no longer fueling growth, and the region's policymakers are in search of new sources of growth with stability. With the experience of East Asia and the Pacific in mind, many policymakers in LAC are looking to international economic ties as a potential source of stable growth. The challenge highlighted in this book lies in designing an integration agenda comprising trade and factor market integration that is conducive to region-wide efficiency gains, which can help LAC enhance its global competitiveness. The forces of geography imply that pro-growth global integration cannot be achieved without building a strong neighborhood. Thus, this volume argues that LAC's regional economic integration agenda needs to go well beyond the current spaghetti bowl of preferential trading arrangements
    Note: Description based on print version record
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 62
    Language: English
    Pages: 1 Online-Ressource (32 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als McKenzie, David How Effective Are Active Labor Market Policies in Developing Countries? A Critical Review of Recent Evidence
    Abstract: Jobs are the number one policy concern of policy makers in many countries. The global financial crisis, rising demographic pressures, high unemployment rates, and concerns over automation all make it seem imperative that policy makers employ increasingly more active labor market policies. This paper critically examines recent evaluations of labor market policies that have provided vocational training, wage subsidies, job search assistance, and assistance moving to argue that many active labor market policies are much less effective than policymakers typically assume. Many of these evaluations find no significant impacts on either employment or earnings. One reason is that urban labor markets appear to work reasonably well in many cases, with fewer market failures than is often thought. As a result, there is less of a role for many traditional active labor market policies than is common practice. The review then discusses examples of job creation policies that do seem to offer promise, and concludes with lessons for impact evaluation and policy is this area
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  • 63
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    ISBN: 9781464810435
    Language: English
    Pages: 1 Online-Ressource (132 p)
    Series Statement: Directions in Development
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als
    Abstract: Does economic size matter for economic development outcomes? If so are current policies adequately addressing the role of size in the development process? Using working age population as a proxy for country size, Open and Nimble, systematically analyzes what makes small economies unique. Small economies are not necessarily prone to underdevelopment and in fact can achieve very high income levels. Small economies, however, do tend to be highly open to both international trade and foreign direct investment, have highly specialized export structures, and have large government expenditures relative to their Gross Domestic Product. The export structures of small economies are concentrated in a few products or services and in a small number of export destinations. In turn, this export concentration is associated with terms of trade volatility, which combined with high exposure to international trade, implies that small economies tend to face more volatility on average as external volatility permeates national economic life. Yet small economies tend to compensate for their export concentration by being nimble in the sense of being able to change their production and export structure relatively quickly over time. Moreover, limited territory plays a role in shaping how economies are affected by natural disasters, even when the probability of facing such disasters is not necessarily higher among small than among large economies. The combination of large governments with macroeconomic volatility seems to be associated with low national savings rates in small economies. This combination could be a challenge for long-term growth if productivity growth and foreign investment do not compensate for low domestic savings. The book finishes with some thoughts on how policy makers can respond to these issues through coordinated investments and regional integration efforts, as well as fiscal policy reforms aimed at both increasing public savings and conducting countercyclical fiscal policies
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  • 64
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: Ghana has been remarkably successful in extending its national grid into the rural areas. According to its Ministry of Power, about 83.4 percent of communities with more than 500 people have access to grid electricity. The main remaining frontier is to bring electricity to communities living on islands in Lake Volta and in isolated lakeside locations. The summary of this report first highlights some areas where clear recommendations have emerged, and then presents areas where choices are to be made between options with different advantages and disadvantages. The purpose of this assignment is to explore the most feasible business models for mini and micro grids for Ghana's island and lake-side communities, together with a pragmatic policy and regulatory regime that will reinforce the development of such systems. The remainder of the report is arranged as follows: 1) Chapter 1 does the Analysis and discussion of the various options for business models of mini grids; (ii) Chapter 2 is about Analysis and discussion of the costs of mini grid delivery, tariff calculations and financing options; (iii) Chapter 3 discusses on the Review and proposals for required policy, legislation, regulations, permits, and institutional arrangements; and (iv) Chapter 4 concludes with Review and recommendations for necessary technical assistance to implement the delivery of mini grids
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  • 65
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: The study's objective is to understand what regulatory settings governments may adopt to scale up electrification through private development of mini grids, drawing on the experience of these six jurisdictions; provide technical assistance to four countries that want to further develop their mini grids framework; and disseminate findings and recommendations globally to inform successful mini grids regulation. The study focuses on mini grids defined as small, privately-owned and operated systems with generation of up to 10 megawatts (MW) capacity and a network that distributes power to several customers. The study includes small mini grids of less than 1 kilowatt (kW) capacity, also known as 'micro' or 'pico' grids. The six case studies are intended to be synthesized in one report. The report is to provide a cross-country comparison of these topics: it examines side by side how each of the countries studied have responded to a specific regulatory question, and presents a decision-tree approach to developing regulatory frameworks for mini grids. This case study is based on in-depth interviews with a number of key stakeholders in Bangladesh, conducted during and after a research trip in August 2017. Several experts in the Bangladesh context and mini grids more broadly reviewed this case study for accuracy and clarity, and their have incorporated their comments while retaining a neutral fact-based position. The Government aims to provide electricity to all by 2021 through grid extension, mini grids and stand-alone systems. The Power Sector Master Plan (PSMP) 2010 sets out to accommodate the Government's vision by 2021.The Government recognizes that public sector investment alone will not be sufficient to achieve its target and wants to mobilize resources from the private sector. The Government seeks to catalyze and promote private sector participation in renewable energy projects through Infrastructure Development Company Limited (IDCOL), a fully government-owned financial institution.IDCOL works alongside the Ministry of Power, Energy, and Mineral Resources (MPEMR) to identify areas where grid expansion is unlikely in the foreseeable future, and to entice private mini grid developers. Mini-grid operators are occupying a small but growing space in Bangladesh, with seven mini-grids connecting around 2,243 households in rural areas. IDCOL has approved 18 mini grid systems and plans to install 50 by 2018
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  • 66
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: This note is intended to serve as a quick reference guide for applying a gender lens to the design and implementation of a mini-grid to enhance development outcomes. As mini-grids are increasingly seen as a potential solution to energy access issues, importance must be placed on ensuring that the benefits and opportunities of the intervention are realized for both men and women. The guidance below provides energy access, social development and gender specialists, with additional ideas and best-practice approaches to integrate at all stages of the project cycle in order to enhance gender equality
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  • 67
    Language: English
    Pages: 1 Online-Ressource (38 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Ibarra, Gabriel Lara Learning the Impact of Financial Education When Take-Up Is Low
    Abstract: Financial education programs are increasingly offered by governments, nonprofits, and financial institutions. However, voluntary participation rates in such programs are often very low, posing a severe challenge for randomized experiments attempting to measure their impact. This study uses a large experiment on more than 100,000 credit card clients in Mexico. The study shows how the richness of financial data allows combining nonexperimental methods with the experiment to yield credible measures of impact, even with take-up rates below 1 percent. The findings show that a financial education workshop and personalized coaching result in a higher likelihood of paying credit cards on time, and of making more than the minimum payment, but do not reduce spending, resulting in higher profitability for the bank
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  • 68
    Language: English
    Pages: 1 Online-Ressource (26 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Brueckner, Markus The Rise of the Middle Class and Economic Growth in ASEAN
    Abstract: This paper presents estimates of the relationship between the share of income accruing to the middle class and gross domestic product per capita of economies from the Association of Southeast Asian Nations. The increase in gross domestic product per capita that these economies experienced during 1970-2010 significantly contributed to a higher share of income accruing to the middle class. The impact of the rise of the middle class on economic growth depends on the countries' initial level of gross domestic product per capita. In the majority of these countries, a rise of the middle class that is unrelated to gross domestic product per capita growth would have had a significant negative effect on economic growth, based on the values of the countries' gross domestic product per capita in 1970. In contrast, for recent values of gross domestic product per capita, a rise of the middle class would positively contribute to growth in gross domestic product per capita. The paper shows that human capital accumulation is an important channel through which a rise of the middle class affects economic growth
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  • 69
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Energy Sector Management Assistance Program Papers
    Series Statement: World Bank E-Library Archive
    Abstract: Energy efficiency is a cost-effective solution to meet energy, climate change, and sustainabledevelopment goals and critical for supporting access to affordable, reliable, and sustainableenergy services in developing countries. The energy efficiency potential is vast and largelyuntapped across the world. This is widely recognized by most governments, the developmentcommunity, and international organizations, and forms the foundation of global initiatives such asSustainable Energy for All. The benefits of improving energy efficiency are multiple, but so are the barriers. There is no silver bullet, but recognizing the multiple benefits of energy efficiency - including energy savings, as well as others and making them more visible and credible is an integral part of the solution. If demonstrated suitably, these multiple benefits can motivate stakeholders to invest and participate in energy efficiency programs. The report makes the case that M&V should be a critical aspect of any energy efficiency project or program in order to ensure value for money, justify continued or increased funding, as well as provide the basis of performance-based payment mechanisms. M&V is essential to assess resource savings and to ensure that savings persist over time. Energy efficiency practitioners use M&V for several reasons, such as, to: improve engineering design and project costing; enhance energy savings through adjustments in facility operations and maintenance; document financial transactions; enhance financing for energy efficiency projects; and support development of broader energy efficiency programs
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  • 70
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: Most mini grids in developing countries begin life as isolated electrical systems that are not connected to the country's main grid. In recent years, the main grid has expanded to reach more rural areas in many African, Asian, and Latin American countries. Its expansion raises a critical question of What happens to the mini grid when the main grid arrives? This study attempts to answer this question, using the recent experiences of Cambodia, Sri Lanka, and Indonesia. The three country case studies follow a similar structure. Each describes the regulatory, commercial, and technical characteristics before and after the main grid arrived in villages that had previously been served by the isolated mini grids. In two of the case-study countries (Indonesia and Sri Lanka), the isolated mini grids were owned by community organizations. It is possible that the post-interconnection outcomes would have been different if the isolated mini grids had been built and operated by private entities. The issuance of regulatory rules and policy pronouncements does not guarantee that the options they specify will be of practical interest to mini grid developers. Good intentions of government officials do not translate into on-the-ground results if the economics of an option are not viable. At the end of the day, it is the underlying economics that determine whether a rule or policy is workable
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  • 71
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: The mini grid sector in Nigeria started to develop only recently. The study focuses on mini grids defined as small, privately-owned and operated systems with generation of up to 10 megawatts (MW) capacity and a network that distributes power to several customers. The report is to provide a cross-country comparison of these topics: it examines side by side how each of the countries studied have responded to a specific regulatory question, and presents a decision-tree approach to developing regulatory frameworks for mini grids. This document is structured as follows: (i) Section 1 starts with brief introduction; (ii) Section 2 has brief description of the context of the country; (iii) Section 3 sets out an overview of the power sector; (iv) Section 4 examines the main aspects of the policy setting for mini grids; (v) Section 5 surveys technologies and business models used in the mini grids sector; (vi) Section 6 explains the process to authorize mini grid operators; (vii) Section 7 assesses technical and service standards for mini grids; (viii) Section 8 explains tariff setting, financing, and subsidies; (ix) Section 9 describes handling the relationship with the main grid; and (x) Section 10 concludes with a summary of lessons learnt from the experience of the country
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  • 72
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: This report provides the first historic overview of power system development focused on its evolution from distributed systems to centralized grid systems. It tracks the early development of power systems in several (now) middle- and high-income economies to inform the current drive to deploy new systems and achieve universal access to electricity services. We find that history can provide certain insights to a set of questions faced by today's energy policy makers. Our review is non-comprehensive, but will hopefully provide fodder for future, more detailed historical research, and shed some light on the complex and fascinating role of mini- or isolated grids in power system development globally. The development of power systems began in several regions of the world in the second half of the 19th century, marking the start of a new era, characterized by disruptive innovation, rapid development and opportunity. Today, electric power systems constitute a fundamental pillar of modern societies and electricity is increasingly recognized as a crucial prerequisite for the achievement of socio-economic prosperity. The development of power systems was affected by multiple factors, some systemically endogenous, such as technical advancements, innovation, entrepreneurial drive and decisions, and some exogenous, such as economic principles, legislative constraints and support, institutional structures, historical contingencies and geographical aspects (Hughes 1983). While numerous paths have been followed over the years there was a common igniting point; small isolated power systems and mini-grids. As technologies improved, demand increased and the policy and regulatory regimes stabilized, larger generators could be built (taking advantage of economies of scale) and electricity could be transmitted over longer distances. These factors resulted in the emergence of centralized utilities (either privately or publicly owned). Typically, mini-grids either became integrated with one another forming the nucleus of a larger centralized system or were absorbed by a larger grid system as it expanded
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  • 73
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: The Global Facility on Mini Grids of the Energy Sector Management Assistance Program (ESMAP) hired Castalia to study the regulation of mini grids in six jurisdictions in Sub-Saharan Africa and Asia (Kenya, Tanzania, and Nigeria; and Bangladesh, Cambodia, and the state of Uttar Pradesh in India). The study's objective is to understand what regulatory settings governments may adopt to scale up electrification through private development of mini grids, drawing on the experience of these six jurisdictions; provide technical assistance to four countries that want to further develop their mini grids framework; and disseminate findings and recommendations globally to inform successful mini grids regulation. The study focuses on mini grids defined as small, privately-owned and operated systems with generation of up to 10 megawatts (MW) capacity and a network that distributes power to several customers. The study includes small mini grids of less than 1 kilowatt (kW) capacity, also known as 'micro' or 'pico' grids. The six case studies are intended to be combined in one report. The report is to provide a cross-country comparison of these topics: it examines side by side how each of the countries studied have responded to a specific regulatory question, and presents a decision-tree approach to developing regulatory frameworks for mini grids. This case study is based on in-depth interviews with a number of key stakeholders in Cambodia, conducted during and after a research trip in August 2017. We supplemented the insights gained from these interviews with extensive background research. Several experts in the Cambodia context and mini grids more broadly reviewed this case study for accuracy and clarity, and we have incorporated their comments while retaining a neutral fact-based position
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  • 74
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Energy Sector Management Assistance Program Papers
    Series Statement: World Bank E-Library Archive
    Abstract: With unprecedented speed and scale, digital transformation is affecting multiple industries, including energy. A combination of technologies, and a more complex world demanding greater agility and new competences impact all aspects of the energy sector and manifest themselves in changing patterns of consumption, new ways of asset optimization, and cross-industry partnerships. 'Smart solutions' are a product of this transformation and energy data are its source. By nature, the energy sector generates vast amounts of big data through meters, sensor networks, customer payments, credit history, satellite imagery, etc. It is not surprising that private and public energy companies are turning to the idea of leveraging big data analytics for performance optimization and improved service delivery. The transition to a digitized energy sector will not happen on its own, and a number of enablers are required to facilitate this change. Beyond improved digital infrastructure, digital skills and analytics capabilities will need to be strengthened. This new solutions brief aims to encourage the use of big data analytics in the energy sector by outlining opportunities and identify cases for where the use of big data analytics could help better address challenges faced by the energy sector today
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  • 75
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Energy Sector Management Assistance Program Papers
    Series Statement: World Bank E-Library Archive
    Abstract: The Palestinian Territories face significant energy security challenges, already severe in Gaza, but also emerging in the West Bank.The Palestinian Territories rely primarily on Israeli imports to meet its electricity needs.The only large scale generation capacity in the Palestinian Territories is the troubled Gaza Power Plant.The Palestinian electricity sector has undergone a number of institutional reforms, which still require further consolidation.Measures to improve energy efficiency can also make a valuable contribution to energy security going forward. Palestine's existing National Energy Efficiency Action Plan aims to make savings equivalent to one percentage point of energy consumption annually through to 2020, focusing primarily on reducing electricity consumption by improving the energy efficiency of residential buildings. A much more ambitious action plan is under consideration by the Palestinian Energy and National Resources Authority for 2020-2030, and aims to save 5 percent of the energy consumption anticipated during that period. The new strategy encompasses high impact energy efficient appliances (such as heaters, fridges and air conditioners), further tightening of efficiency standards for buildings, and smart grid infrastructure to allow consumers to participate in the energy market as demand response. Investments to improve energy efficiency are proven to be much more cost-effective than expanding power generation capacity
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  • 76
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (53 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Ravallion, Martin Welfare-Consistent Global Poverty Measures
    Abstract: The paper provides new measures of global poverty that take seriously the idea of relative-income comparisons but also acknowledge a deep identification problem when the latent norms defining poverty vary systematically across countries. Welfare-consistent measures are shown to be bounded below by a fixed absolute line and above by weakly-relative lines derived from a theoretical model of relative-income comparisons calibrated to data on national poverty lines. Both bounds indicate falling global poverty incidence, but more slowly for the upper bound. Either way, the developing world has a higher poverty incidence but is making more progress against poverty than the developed world
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  • 77
    Language: English
    Pages: 1 Online-Ressource (36 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Gibson, John For India's Rural Poor, Growing Towns Matter More than Growing Cities
    Abstract: It is theoretically ambiguous whether growth of cities matters more to the rural poor than growth of towns. This paper empirically examines whether growth of India's secondary towns or big cities mattered more to recent rural poverty reduction, noting that data deficiencies have made this a difficult question to answer previously. Satellite observations of night lights are used to measure urban growth on the extensive and intensive margins in the context of a spatial Durbin fixed-effects model of poverty measures for rural India, calibrated to a panel of 59 regions observed four times over 1993-2012. The expansion of lit area had greater effect on the rural poverty measures than did intensive margin growth in the brightness of light from urban areas. For India's current stage of development, growth of secondary towns may do more to reduce rural poverty than big city growth, although the theoretical model suggests that cities may eventually take over from towns as the drivers of rural poverty reduction
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  • 78
    Language: English
    Pages: 1 Online-Ressource (53 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Brown, Caitlin Are Poor Individuals Mainly Found in Poor Households? Evidence Using Nutrition Data for Africa
    Abstract: Antipoverty policies in developing countries often assume that targeting poor households will be reasonably effective in reaching poor individuals. This paper questions this assumption, using nutritional status as a proxy for individual poverty. The comprehensive assessment for Sub-Saharan Africa reveals that undernourished women and children are spread widely across the distribution of household wealth and consumption. Roughly three-quarters of underweight women and undernourished children are not found in the poorest 20 percent of households, and around half are not found in the poorest 40 percent. The mean joint probability of being an underweight woman and living in the poorest wealth quintile is only 0.03. Countries with higher overall rates of undernutrition tend to have a higher share of undernourished individuals in nonpoor households. The results are consistent with evidence of substantial intrahousehold inequality
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  • 79
    Language: English
    Pages: 1 Online-Ressource (55 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als McKenzie, David Growing Markets through Business Training for Female Entrepreneurs: A Market-Level Randomized Experiment in Kenya
    Abstract: A common concern with efforts to directly help some small businesses to grow is that their growth comes at the expense of their unassisted competitors. This study tests this possibility using a two-stage randomized experiment in Kenya. The experiment randomizes business training at the market level, and then within markets to selected businesses. Three years after training, the treated businesses are selling more, earn higher profits, and their owners have higher well-being. There is no evidence of negative spillovers on the competing businesses, and the markets as a whole appear to have grown in terms of number of customers and sales volumes. This market growth appears to come from enhanced customer service and new product introduction, generating more customers and more sales from existing customers. As a result, business growth in underdeveloped markets is possible without taking sales away from nontreated businesses
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  • 80
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Latin America and Caribbean Semiannual Report
    Series Statement: World Bank E-Library Archive
    Abstract: This report by the Office of the Chief Economist for Latin America and the Caribbean (LAC) of the World Bank studies the region's fiscal policies. After reviewing LAC's growth performance, Chapter 1 provides an accounting of its financing needs during the 21st Century to understand how such a diverse region ended up with fiscal deficits across the board in 2016. Chapter 2 goes back to the 1960s and assesses the cyclical properties of fiscal policies. LAC, like most developing countries and in contrast with most developed economies, exhibited procyclical fiscal policies. Good news arrived in the 2000s: one in three economies became countercyclical, which helped improve credit ratings. Yet fiscal policy is complicated by our inability to know if current economic conditions are temporary or permanent. The report argues for a prudent stance that would err on the side of saving too much during upswings and perhaps borrowing too little during downturns
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  • 81
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Energy Sector Management Assistance Program Papers
    Series Statement: World Bank E-Library Archive
    Abstract: The State of Electricity Access Report, 2017, aims to prompt governments, donors, the private sector, civil society organizations, and practitioners to develop interventions to close the electricity access gap by integrating lessons learned with insights drawn from emerging innovative business and delivery models. The Report is organized around five main questions: Why is electricity access critical for achieving the 2030 Agenda for Sustainable Development? What is the status of electricity access? What are the challenges and drivers of transformative electricity access? Why is it important to explore synergies between access, renewables, and energy efficiency? What are the emerging and innovative business and delivery models? The key findings are that urgent measures are needed to speed up access to modern energy services or there will still be several countries in 2030, mostly in Sub-Saharan Africa, with a significant percentage of the population going without electricity. Both grid and off-grid approaches will be critical, but they will have to be supported by a conducive enabling environment of the right institutions, policies, strategic planning, regulations, and incentives. The good news is that lower costs for renewable energy technologies, adequate energy efficiency measures, and innovation should make it possible for countries to be creative in meeting this challenge. There is also a growing role for the private sector to finance interventions, assuming the incentives are in place for investors to earn returns on their investments
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  • 82
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: The Global Facility on Mini Grids of the Energy Sector Management Assistance Program (ESMAP) hired Castalia to study the regulation of mini grids in six jurisdictions in Sub-Saharan Africa and Asia (Kenya, Tanzania, and Nigeria; and Bangladesh, Cambodia, and the state of Uttar Pradesh in India). The study's objective is to understand what regulatory settings governments may adopt to scale up electrification through private development of mini grids, drawing on the experience of these six jurisdictions; provide technical assistance to four countries that want to further develop their mini grids framework; and disseminate findings and recommendations globally to inform successful mini grids regulation. The study focuses on mini grids defined as small, privately-owned and operated systems with generation of up to 10 megawatts (MW) capacity and a network that distributes power to several customers. The study includes small mini grids of less than 1 kilowatt (kW) capacity, also known as 'micro' or 'pico' grids. The six case studies are intended to be combined in one report. The report is to provide a cross-country comparison of these topics: it examines side by side how each of the countries studied have responded to a specific regulatory question, and presents a decision-tree approach to developing regulatory frameworks for mini grids. This case study is based on in-depth interviews with a number of key stakeholders in Kenya, conducted during and after a research trip in September 2017. The supplemented the insights gained from these interviews with extensive background research. Several experts in the Kenya context and mini grids more broadly reviewed this case study for accuracy and clarity, and we have incorporated their comments while retaining a neutral fact-based position
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  • 83
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: Uttar Pradesh, the most populous state in India, has among the lowest levels of electricity connection in the country.1 Over 100 million people, at least half of the rural population, lack a formal connection to a distribution grid. The level of electricity services remains low despite the physical extension of the state-owned grid to all official villages. Unelectrified households are reluctant to apply for grid connection because they expect electricity supply to be unreliable, and they would have to spend money on coping strategies to replace electricity. In addition, connecting individual households in each village is costly to the state-owned distribution utilities. Highly regulated tariffs and a high cost of servicing remote areas mean that rural connections promise few returns to the utilities.Electrification has been a public policy priority for decades of successive state and central governments across the political spectrum. Public policy has maintained ambitious objectives to expand grid services from the state-owned medium-voltage (MV) distribution grid to rural areas. The state-owned grid has electrified all cities and surrounding towns. The high-voltage (HV) transmission grid extends throughout most of the state, in contrast to other energy-poor countries in Asia such as Cambodia, Indonesia, and Sri Lanka. Private mini grid operators have occupied a small but growing space in the rural electricity market in Uttar Pradesh since around 2010. Several small companies, as well as individual entrepreneurs, are now providing electricity services in almost 1,900 settlements (villages and hamlets) in the state, and have made about 37,000 connections (and growing)Independent mini grid operators in Uttar Pradesh have proven they can earn rural customers' trust and their business. Rural consumers' simple energy needs can absorb up to a third of households' monthly expenditure without an electricity connection.Mini grid operators are addressing these gaps in service through renewable-based systems that deliver power to underserved villages. They have gained credibility as a more reliable service than the state-owned grid in rural areas by providing a reliable solution to residents' and businesses' lighting, phone charging, and appliance-powering problems. They provide basic light-emitting diode (LED) home lighting and a mobile phone charging outlet to a household for a scheduled 6 to 8 hours a day
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  • 84
    Language: English
    Pages: 1 Online-Ressource (60 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als de Mel, Suresh Labor Drops: Experimental Evidence on the Return to Additional Labor in Microenterprises
    Abstract: The majority of enterprises in many developing countries have no paid workers. This paper reports on a field experiment conducted in Sri Lanka that provided wage subsidies to randomly chosen microenterprises to test whether hiring additional labor would benefit such firms. In the presence of labor market frictions, a short-term subsidy could have a lasting impact on firm employment. Using 12 rounds of surveys to track dynamics four years after the end of the subsidy, the study finds that firms increased employment during the subsidy period, but there was no lasting impact on employment, profitability, or sales. Two supplementary interventions and treatment heterogeneity suggest the lack of impact is not due to complementarities with capital or management skills, and detailed survey data help rule out a number of theoretical mechanisms that could result in sub-optimally low employment. The study concludes that the urban labor market facing microenterprises does not have large frictions that would prevent own-account workers from becoming employers
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  • 85
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Energy Sector Management Assistance Program Papers
    Series Statement: World Bank E-Library Archive
    Abstract: Most public lighting is concentrated in cities, where it can constitute up to 65 percent of municipal electricity budgets. Compared to alternative forms of public lighting, LED luminaries consume less electricity, have longer life cycles, and provide better quality lighting. Despite the benefits, many municipalities are unsure of how to implement an LED lighting program. This synthesis report summarizes the cross-cutting findings from the six case studies which document real-life experiences, challenges, and solutions encountered in implementing different LED lighting delivery models-ESCO, super-ESCO, joint procurement, public-private partnership, lease-to-own, and municipal financing. Crosscutting findings include various key roles played by governments, ranging from setting policies that support LED lighting programs to establishing an ESCO with a mandate to implement energy efficient programs while transforming the market. The report also highlights distinct ways used to mitigate technical, financial, and performance risks by the cities. These span from requiring third-party product test results to completely outsourcing the lighting infrastructure and procuring lighting as a service. It also highlights the importance of strategically engaging stakeholders-such as international partners, local utilities, non-profit groups, to name but a few-as the program advances
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  • 86
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Energy Sector Management Assistance Program Papers
    Series Statement: World Bank E-Library Archive
    Abstract: The objective of this review is to analyze the current status on achievement of targeted benefits from distribution privatization and identify the gaps between expectations and realizations, with a key task of proposing concrete procedures and methodologies to ensure that EMRA and other government agencies involved in monitoring and enforcing quality in electricity distribution and retail have timely access to reliable information on service actually provided by the DISCOMs to their customers. To reach these objectives, this report follows the following approach: section one presents an overview of the distribution sector and distribution privatization process; section two analyzes the existing regulatory framework related to DISCOM performance and provides expected performance targets in respective investment periods; section three analyzes the current status of DISCOMs' performance targets; section four identifies key issues and barriers in measuring and monitoring service quality in DISCOMs; and lastly, based on the global experience, section five recommends an approach for improving measuring and monitoring of service quality by the regulator
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  • 87
    Language: English
    Pages: 1 Online-Ressource (60 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Benhassine, Najy Can Enhancing the Benefits of Formalization Induce Informal Firms to Become Formal? Experimental Evidence from Benin
    Abstract: Governments around the world have introduced reforms to attempt to make it easier for informal firms to formalize. However, most informal firms have not gone on to become formal, especially when tax registration is involved. A randomized experiment based around the introduction of the entreprenant legal status in Benin is used to provide evidence from an African context on the willingness of informal firms to register after introducing a simple, free registration process, and to test the effectiveness of supplementary efforts to enhance the presumed benefits of formalization by facilitating its links to government training programs, support to open bank accounts, and tax mediation services. Few firms register when just given information about the new regime, but 9.6 percentage points more register when they were visited in person and the benefits were explained. The full package of supplementary efforts boosts the impact on the formalization rate to 16.3 percentage points, demonstrating that enhancing the benefits of formalization does induce more firms to formalize. Firms that are larger, and that look more like formal firms to begin with, are more likely to formalize, providing guidance for better targeting of such policies. However, formalization appears to offer limited benefits to the firms, and the costs of personalized assistance are high, suggesting that such enhanced formalization efforts are unlikely to pass cost-benefit tests
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  • 88
    Language: English
    Pages: 1 Online-Ressource (55 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Brown, Caitlin A Poor Means Test? Econometric Targeting in Africa
    Abstract: Proxy-means testing is a popular method of poverty targeting with imperfect information. In a now widely-used version, a regression for log consumption calibrates a proxy-means test score based on chosen covariates, which is then implemented for targeting out-of-sample. In this paper, the performance of various proxy-means testing methods is assessed using data for nine African countries. Standard proxy-means testing helps filter out the nonpoor, but excludes many poor people, thus diminishing the impact on poverty. Some methodological changes perform better, with a poverty-quantile method dominating in most cases. Even so, either a basic-income scheme or transfers using a simple demographic scorecard are found to do as well, or almost as well, in reducing poverty. However, even with a budget sufficient to eliminate poverty with full information, none of these targeting methods brings the poverty rate below about three-quarters of its initial value. The prevailing methods are particularly deficient in reaching the poorest
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  • 89
    Language: English
    Pages: 1 Online-Ressource (39 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Lederman, Daniel Economic Integration across Latin America: Evidence from Labor Markets, 1990-2013
    Abstract: Combining macroeconomic and microeconomic data and three indicators of international market integration, this paper assesses the degree to which Latin American labor markets are integrated. The results suggest that relative to East Asia, Latin American labor markets are somewhat more integrated, but considerable differences across countries persist. In addition, the evidence indicates that the degree of labor market integration across Latin American borders is significantly less than that of labor markets within Mexico and within the United States in two of the three indicators. These differences may suggest opportunities for efficiency gains from further labor market integration
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  • 90
    Language: English
    Pages: 1 Online-Ressource (50 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Bennett, Federico The Volatility of International Trade Flows in the 21st Century: Whose Fault Is It Anyway?
    Abstract: After investment, exports and imports are the most volatile components of aggregate demand within countries. Moreover, the volatility of growth and the volatility of trade flows tend to move together; they declined from the 1990s until 2009, followed by an increase since 2009. This paper explores the drivers of such movements in trade-flow volatility. The analysis decomposes trade growth into six components to study their contribution to the overall volatility of trade flows, and presents three findings. First, trade volatility is mostly explained by a factor common to all countries, country-specific factors, and changes in the gravity-related characteristics of a country's trading partners. Product composition and the identity of trading partners appear to be less important in explaining volatility. Second, the pre-2009 decline in volatility and the post-2009 increase in volatility appear to be driven by different factors. The former is mostly explained by a steady decline in the variance of country-specific factors. In contrast, the latter appears to be driven mainly by an increase in the volatility of factors common to all countries. Third, trade diversification is a likely force behind the steady decline in trade volatility driven by country-specific factors, especially in developing countries
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  • 91
    Language: English
    Pages: 1 Online-Ressource (31 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Hakobyan, Shushanik Factor Endowments, Technology, Capital Mobility and the Sources of Comparative Advantage in Manufacturing
    Abstract: Using data on net exports and factor endowments for more than 100 countries, this paper studies the relationship between factor endowments and comparative advantage in 28 manufacturing sectors between 1975 and 2010. The authors allow for systematic technological differences across countries, including differences in factor intensities across countries with different ratios of skilled labor over unskilled labor. Capital seems to be a source of comparative disadvantage in manufacturing, and skilled labor is a source of comparative advantage in the global sample. However, skilled labor is a source of comparative disadvantage in economies with low human capital, whereas it is a source of comparative advantage in the sample of countries with high human capital. The authors attribute this heterogeneity to the rise of capital mobility across countries, particularly since the mid-1990s
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  • 92
    Language: English
    Pages: 1 Online-Ressource (24 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als McKenzie, David Can Business Owners Form Accurate Counterfactuals? : Eliciting Treatment and Control Beliefs about Their Outcomes in the Alternative Treatment Status
    Abstract: A survey of participants in a large-scale business plan competition experiment, in which winners received an average of US
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  • 93
    Language: English
    Pages: 1 Online-Ressource (50 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Lederman, Daniel The Price is Not Always Right : On the Impacts of Commodity Prices on Households (and Countries)
    Abstract: This paper provides an overview of the impact that one-time changes in commodity and other prices have on household welfare. It begins with a collection of stylized facts related to commodities based on household survey data from Latin America and Africa. The ata uncovers strong commodity dependence on both continents: households typically allocate a large fraction of their budget to commodities, and they often also depend on commodities to earn their income. This income and expenditure dependency suggests sizable impacts and adjustments following commodity price shocks. The article explores these effects with a review of the relevant literature. The authors study consumption and income responses, labor market responses, and spillovers across sectors. The paper provides evidence on the relative magnitudes of various mechanisms through which commodity prices affect household (and national) welfare in developing economies
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  • 94
    Language: English
    Pages: 1 Online-Ressource (50 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Datt, Gaurav Growth, Urbanization, and Poverty Reduction in India
    Abstract: Longstanding development issues are revisited in the light of a newly-constructed data set of poverty measures for India spanning 60 years, including 20 years since reforms began in earnest in 1991. The study finds a downward trend in poverty measures since 1970, with an acceleration post-1991, despite rising inequality. Faster poverty decline came with higher growth and a more pro-poor pattern of growth. Post-1991 data suggest stronger inter-sectoral linkages: urban consumption growth brought gains to the rural as well as the urban poor, and the primary-secondary-tertiary composition of growth has ceased to matter, as all three sectors contributed to poverty reduction
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  • 95
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Latin America and Caribbean Semiannual Report
    Series Statement: World Bank E-Library Archive
    Abstract: This report, produced by the Office of the Chief Economist for Latin America and the Caribbean (LAC) of the World Bank, examines LAC's challenges as the global economy settles to an equilibrium with lower growth and lower commodity prices. Chapter 1 gives an overview of the world economy and how it affects LAC's short and medium-term prospects. It argues that LAC suffered an external shock that shaped growth in recent years, and that the current global context is likely here to stay. Many LAC countries experienced significant depreciations which in principle should help adjust to the new equilibrium. The extent to which these depreciations facilitate a soft landing, however, depends on a number of factors. Chapter 2 explores the response of LAC's trade to the recent depreciations and the role it could play in facilitating a recovery. It examines if there are early signs of an export recovery and whether the region's increased dependence on commodity exports could hinder LAC's recovery
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  • 96
    Language: English
    Pages: 1 Online-Ressource (36 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Bravo-Ortega, Claudio Faraway or Nearby? Domestic and International Spillovers in Patenting and Product Innovation
    Abstract: The diffusion of knowledge plays a central role in endogenous growth theories. Simply put, in these models new knowledge can be generated from preexisting knowledge. In other words, existing knowledge is a pure public good, which can benefit any economic agent anywhere. More generally, endogenous growth theories rely on a broad set of assumptions that have not been tested sufficiently, especially for developing economies. The scope and nature of knowledge spillovers is, however, important for policy, because the presumed positive spillovers can justify government intervention (if the spillovers are localized) or laissez faire (if the spillovers are international). This paper empirically assesses the scope and direction of knowledge spillovers in national patenting and, separately, product innovation by firms. The first set of exercises tests whether the cumulative knowledge specifications of the knowledge production function can explain international patterns of patenting or whether own research and development is necessary to produce patents. The second set of exercises analyzes whether firm product-quality upgrading and the introduction of new products depend on product innovation within industries, within or across countries. The evidence supports the view that existing stocks of knowledge, domestic and foreign, enhance national innovation and entrepreneurship in the form of product innovation. More specifically, the evidence suggests that within-country and international knowledge spillovers are positive, but international spillovers can be negative for firms that are far from innovative firms in terms of productivity. The results depend on the concept of "distance" between countries and firms
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  • 97
    Language: English
    Pages: 1 Online-Ressource (16 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Brambilla, Irene Exporters, Engineers, and Blue-Collar Workers
    Abstract: This paper investigates differences in the composition of employment between exporting and non-exporting firms. In particular, it asks whether exporting firms hire more engineers relative to blue-collar workers than non-exporting firms. In a stylized partial-equilibrium model, firms produce goods of varying quality and exporters tend to produce higher quality goods, which are intensive in engineers relative to blue-collar workers. Firms are heterogeneous and more productive firms become exporters and have a higher demand for engineers. The paper provides causal evidence in support of these theories using the Chilean Encuesta Nacional Industrial Anual, an annual census of manufacturing firms. The results from an instrumental variable estimator suggest that Chilean exporters indeed utilize a higher share of engineers over blue-collar workers
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  • 98
    ISBN: 9781464803567
    Language: English
    Pages: Online-Ressource (1 online resource (248 p.))
    Edition: Online-Ausg.
    Series Statement: Latin America and Caribbean Studies
    Series Statement: World Bank E-Library Archive
    Parallel Title: Druckausg. Latin America and the rising South
    DDC: 332.098
    RVK:
    Keywords: Entwicklung ; Wirtschaftswachstum ; Wirtschaftslage ; Lateinamerika ; Karibischer Raum ; Wirtschaftliche Integration ; Weltwirtschaft ; Sozioökonomischer Wandel ; Süden ; Emerging Market ; Wirtschaftswachstum ; Außenhandel ; Finanzwirtschaft ; Investition ; domestic savings ; FDI ; Financial integration ; Foreign direct investment ; Global financial network ; Global trade network ; Global value chains ; Globalization ; International Economics and Trade ; Labor market dynamics ; Macroeconomics and Economic Growth ; Private Sector Development ; Real exchange rate dynamics ; Rise of the south ; Trade Integration ; Trade structure ; Erde ; Lateinamerika
    Abstract: The world economy is not what it used to be twenty years ago. For most of the 20th century, the world economy was characterized by developed (North) countries acting as 'center' to a 'periphery' of developing (South) countries. However, the recent rise of developing economies suggests the need to go beyond this North-South dichotomy. This tectonic re-configuration of the global landscape has brought about significant changes to countries in the Latin America and Caribean (LAC) region. The time is ripe for an in-depth analysis of the dynamics and nature of LAC's external connections.This latest volume in the World Bank Latin American and Caribbean Studies series will focus on the implications of these trends for the economic development of LAC countries. In particular, trade, financial, macroeconomic, and sectoral shifts, as well as labor-market aspects will be systematically analyzed
    Note: Description based on print version record
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  • 99
    ISBN: 9781464803567
    Language: Spanish
    Pages: Online-Ressource (1 online resource (256 p.))
    Edition: Online-Ausg.
    Series Statement: World Bank E-Library Archive
    Parallel Title: Druckausg.
    Keywords: Spanish translation ; FDI ; Foreign direct investment ; Domestic savings ; Financial integration
    Abstract: Este reporte explora la restructuracion de la economia global ocasionada por el ascenso del Sur y destaca la transformacion en los patrones de integracion global de ALC y las consecuencias de esta transformacion en la dinamica del desarrollo de la region. En particular, se analiza de forma sistematica los aspectos concernientes al comercio y las finanzas internacionales, la macroeconomia y el mercado laboral latinoamericano
    Note: Description based on print version record
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  • 100
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (42 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als McKenzie, David Business Practices in Small Firms in Developing Countries
    Abstract: Management has a large effect on the productivity of large firms. But does management matter in micro and small firms, where the majority of the labor force in developing countries works? This study developed 26 questions that measure business practices in marketing, stock-keeping, record-keeping, and financial planning. These questions have been administered in surveys in Bangladesh, Chile, Ghana, Kenya, Mexico, Nigeria, and Sri Lanka. This paper shows that variation in business practices explains as much of the variation in outcomes-sales, profits, and labor productivity and total factor productivity-in microenterprises as in larger enterprises. Panel data from three countries indicate that better business practices predict higher survival rates and faster sales growth. The effect of business practices is robust to including many measures of the owner's human capital. The analysis finds that owners with higher human capital, children of entrepreneurs, and firms with employees employ better business practices. Competition has less robust effects
    URL: Volltext  (Deutschlandweit zugänglich)
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