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  • 2005-2009  (44)
  • Wolfowitz, Paul  (33)
  • Estache, Antonio  (11)
  • Washington, D.C : The World Bank  (44)
  • Cham : Springer International Publishing AG
  • 1
    Language: English
    Pages: Online-Ressource (40 p)
    Edition: 2009 World Bank eLibrary
    Parallel Title: Estache, Antonio Procurement in Infrastructure
    Abstract: Infrastructure has particular challenges in public procurement, because it is highly complex and customized and often requires economic, political and social considerations from a long time horizon. To deliver public infrastructure services to citizens or taxpayers, there are a series of decisions that governments have to make. The paper provides a minimum package of important economic theories that could guide governments to wise decision-making at each stage. Theory suggests that in general it would be a good option to contract out infrastructure to the private sector under high-powered incentive mechanisms, such as fixed-price contracts. However, this holds under certain conditions. Theory also shows that ownership should be aligned with the ultimate responsibility for or objective of infrastructure provision. Public and private ownership have different advantages and can deal with different problems. It is also shown that it would be a better option to integrate more than one public task (for example, investment and operation) into the same ownership, whether public or private, if they exhibit positive externalities
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  • 2
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (29 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Estache, Antonio Public-Private Partnerships In Transport
    Keywords: Airports ; Driving ; Railways ; Toll ; Toll Roads ; Transport ; Transport ; Transport Economics, Policy and Planning ; Transport Infrastructure ; Transport Infrastructures ; Transport Sector ; Urban Transport ; Airports ; Driving ; Railways ; Toll ; Toll Roads ; Transport ; Transport ; Transport Economics, Policy and Planning ; Transport Infrastructure ; Transport Infrastructures ; Transport Sector ; Urban Transport ; Airports ; Driving ; Railways ; Toll ; Toll Roads ; Transport ; Transport ; Transport Economics, Policy and Planning ; Transport Infrastructure ; Transport Infrastructures ; Transport Sector ; Urban Transport
    Abstract: This paper summarizes the evidence on the evolution of transport PPPs over the last 15 years or so. In the process, it provides a primer on the associated policy issues, including of the central role of project finance in the implementation of PPP policies and the debates on risk allocation in the design of PPPs. The paper also offers a discussion of the increasingly well recognized residual roles for the public sector in transport, with an emphasis on the regulatory debates surrounding the adoption of PPPs
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  • 3
    Language: English
    Pages: Online-Ressource (1 online resource (28 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Estache, Antonio Regulatory Agencies
    Keywords: Electric utilities ; Electricity sector ; Emerging Markets ; Energy ; Energy Production and Transportation ; Independent regulators ; Independent regulatory ; Infrastructure Economics and Finance ; Infrastructure Regulation ; Infrastructure industries ; Private Sector Development ; Private ownership ; Privatization ; Public Sector Economics and Finance ; Regulatory Agencies ; Regulatory agency ; Regulatory reforms ; Service delivery ; Electric utilities ; Electricity sector ; Emerging Markets ; Energy ; Energy Production and Transportation ; Independent regulators ; Independent regulatory ; Infrastructure Economics and Finance ; Infrastructure Regulation ; Infrastructure industries ; Private Sector Development ; Private ownership ; Privatization ; Public Sector Economics and Finance ; Regulatory Agencies ; Regulatory agency ; Regulatory reforms ; Service delivery ; Electric utilities ; Electricity sector ; Emerging Markets ; Energy ; Energy Production and Transportation ; Independent regulators ; Independent regulatory ; Infrastructure Economics and Finance ; Infrastructure Regulation ; Infrastructure industries ; Private Sector Development ; Private ownership ; Privatization ; Public Sector Economics and Finance ; Regulatory Agencies ; Regulatory agency ; Regulatory reforms ; Service delivery
    Abstract: The authors explore the relation between the establishment of a regulatory agency and the performance of the electricity sector. The authors exploit a unique dataset comprising firm-level information on a representative sample of 220 electric utilities from 51 development and transition countries for the years 1985 to 2005. Their results indicate that regulatory agencies are associated with more efficient firms and with higher social welfare
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  • 4
    Language: English
    Pages: Online-Ressource (1 online resource (30 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Estache, Antonio Multidimensionality And Renegotiation
    Keywords: Costs ; Debt Markets ; Diesel ; Finance and Financial Sector Development ; Infrastructure ; Infrastructure Economics ; Infrastructure Economics and Finance ; Infrastructure development ; Policies ; Railway ; Railway industry ; Road ; Transparency ; Transport ; Transport ; Transport Economics, Policy and Planning ; Costs ; Debt Markets ; Diesel ; Finance and Financial Sector Development ; Infrastructure ; Infrastructure Economics ; Infrastructure Economics and Finance ; Infrastructure development ; Policies ; Railway ; Railway industry ; Road ; Transparency ; Transport ; Transport ; Transport Economics, Policy and Planning ; Costs ; Debt Markets ; Diesel ; Finance and Financial Sector Development ; Infrastructure ; Infrastructure Economics ; Infrastructure Economics and Finance ; Infrastructure development ; Policies ; Railway ; Railway industry ; Road ; Transparency ; Transport ; Transport ; Transport Economics, Policy and Planning
    Abstract: Multidimensional auctions are a natural and practical solution when auctioneers pursue more than one objective in their public-private-partnership transactions. However, it is difficult to achieve auction efficiency with multiple award criteria. Using auction data from road and railway concessions in Latin America, the probability of renegotiation this paper estimates by a two-stage least squares technique with a binary selection in the first-stage regression. The findings show that auctioneers tend to adopt the multidimensional format when the need for social considerations, such as alleviation of unemployment, is high. This implies that such political considerations could hinder efficiency and transparency in auctions. The analysis also shows that the renegotiation risk in infrastructure concessions increases when multidimensional auctions are used. Rather, good governance, particularly anti-corruption policies, can mitigate the renegotiation problem
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  • 5
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (30 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Estache, Antonio Joint Bidding In Infrastructure Procurement
    Keywords: Access to Markets ; Affiliated ; Affiliated organizations ; Auction ; Bidding ; Competition ; Competition policy ; Decentralization ; Finance and Financial Sector Development ; Foreign companies ; Foreign firms ; ICT Policy and Strategies ; Information and Communication Technologies ; International Economics & Trade ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Markets and Market Access ; Microfinance ; Public Sector Corruption and Anticorruption Measures ; Public disclosure ; Access to Markets ; Affiliated ; Affiliated organizations ; Auction ; Bidding ; Competition ; Competition policy ; Decentralization ; Finance and Financial Sector Development ; Foreign companies ; Foreign firms ; ICT Policy and Strategies ; Information and Communication Technologies ; International Economics & Trade ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Markets and Market Access ; Microfinance ; Public Sector Corruption and Anticorruption Measures ; Public disclosure ; Access to Markets ; Affiliated ; Affiliated organizations ; Auction ; Bidding ; Competition ; Competition policy ; Decentralization ; Finance and Financial Sector Development ; Foreign companies ; Foreign firms ; ICT Policy and Strategies ; Information and Communication Technologies ; International Economics & Trade ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Markets and Market Access ; Microfinance ; Public Sector Corruption and Anticorruption Measures ; Public disclosure
    Abstract: To utilize public resources efficiently, it is required to take full advantage of competition in public procurement auctions. Joint bidding practices are one of the possible ways of facilitating auction competition. In theory, there are pros and cons. It may enable firms to pool their financial and experiential resources and remove barriers to entry. On the other hand, it may reduce the degree of competition and can be used as a cover for collusive behavior. The paper empirically addresses whether joint bidding is pro- or anti-competitive in Official Development Assistance procurement auctions for infrastructure projects. It reveals the possible risk of relying too much on a foreign bidding coalition and may suggest the necessity of overseeing it. The data reveal no strong evidence that joint bidding practices are compatible with competition policy, except for a few cases. In road procurements, coalitional bidding involving both local and foreign firms has been found pro-competitive. In the water and sewage sector, local joint bidding may be useful to draw out better offers from potential contractors. Joint bidding composed of only foreign companies is mostly considered anti-competitive
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  • 6
    Language: English
    Pages: Online-Ressource (1 online resource (44 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Estache, Antonio Procurement Efficiency For Infrastructure Development And Financial Needs Reassessed
    Keywords: Costs ; Debt Markets ; E-Business ; Economic Theory and Research ; Em ; Finance and Financial Sector Development ; Infrastructure ; Infrastructure Economics ; Infrastructure Economics and Finance ; Infrastructure development ; Infrastructure investment ; Infrastructure projects ; Investment and Investment Climate ; Investments ; Macroeconomics and Economic Growth ; Private Sector Development ; Public Sector Economics and Finance ; Road ; Roads ; Sanitation ; Transport ; Transport ; Transport Economics, Policy and Planning ; Costs ; Debt Markets ; E-Business ; Economic Theory and Research ; Em ; Finance and Financial Sector Development ; Infrastructure ; Infrastructure Economics ; Infrastructure Economics and Finance ; Infrastructure development ; Infrastructure investment ; Infrastructure projects ; Investment and Investment Climate ; Investments ; Macroeconomics and Economic Growth ; Private Sector Development ; Public Sector Economics and Finance ; Road ; Roads ; Sanitation ; Transport ; Transport ; Transport Economics, Policy and Planning ; Costs ; Debt Markets ; E-Business ; Economic Theory and Research ; Em ; Finance and Financial Sector Development ; Infrastructure ; Infrastructure Economics ; Infrastructure Economics and Finance ; Infrastructure development ; Infrastructure investment ; Infrastructure projects ; Investment and Investment Climate ; Investments ; Macroeconomics and Economic Growth ; Private Sector Development ; Public Sector Economics and Finance ; Road ; Roads ; Sanitation ; Transport ; Transport ; Transport Economics, Policy and Planning
    Abstract: Infrastructure is the engine for economic growth. The international donor community has spent about 70-100 billion U.S. dollars on infrastructure development in developing countries every year. However, it is arguable whether these financial resources are used efficiently, particularly whether the current infrastructure procurement prices are appropriate. Without doubt a key is competition to curb public procurement costs. This paper analyzes procurement data from multi and bilateral official development projects in three infrastructure sectors: roads, electricity, and water and sanitation. The findings show that the competition effect is underutilized. To take full advantage of competition, at least seven bidders are needed in the road and water sectors, while three may be enough in the power sector. The paper also shows that not only competition, but also auction design, especially lot division, is crucial for reducing unit costs of infrastructure. Based on the estimated efficient unit costs, the annual financial needs are estimated at approximately 360 billion U.S. dollars. By promoting competition, the developing world might be able to save at most 8.2 percent of total infrastructure development costs
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  • 7
    Language: English
    Pages: Online-Ressource (1 online resource (24 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Estache, Antonio Bidder Asymmetry In Infrastructure Procurement
    Keywords: Affiliated ; Affiliated organizations ; Auction ; Auctions ; Bid ; Bidders ; Bidding ; Competition ; Debt Markets ; E-Business ; Finance and Financial Sector Development ; Government Procurement ; Infrastructure Economics ; Infrastructure Economics and Finance ; International development ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Markets and Market Access ; Private Sector Development ; Public disclosure ; Affiliated ; Affiliated organizations ; Auction ; Auctions ; Bid ; Bidders ; Bidding ; Competition ; Debt Markets ; E-Business ; Finance and Financial Sector Development ; Government Procurement ; Infrastructure Economics ; Infrastructure Economics and Finance ; International development ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Markets and Market Access ; Private Sector Development ; Public disclosure ; Affiliated ; Affiliated organizations ; Auction ; Auctions ; Bid ; Bidders ; Bidding ; Competition ; Debt Markets ; E-Business ; Finance and Financial Sector Development ; Government Procurement ; Infrastructure Economics ; Infrastructure Economics and Finance ; International development ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Markets and Market Access ; Private Sector Development ; Public disclosure
    Abstract: Asymmetric auctions are among the most rapidly growing areas in the auction literature. The potential benefits from improved auction efficiency are expected to be enormous in public procurement auctions related to official development projects. Entrant bidders are considered a key to enhance competition in an auction and break potential collusive arrangements among incumbent bidders. Asymmetric auction theory predicts that weak (fringe) bidders would bid more aggressively when they are faced with a strong (incumbent) opponent. Using official development assistance procurement data, this paper finds that in the major infrastructure sectors, entrants submitted systematically aggressive bids in the presence of an incumbent bidder. The findings also show that a high concentration of incumbents in an auction would harm auction efficiency, raising procurement costs. The results suggest that auctioneers should encourage fringe bidders to actively participate in the bidding process while maintaining the quality of the projects. This is conducive to enhancing competitive circumstances in public procurements and improving allocative efficiency
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  • 8
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (43 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Estache, Antonio Current Debates On Infrastructure Policy
    Keywords: Climate Change ; Infrastructures ; Public Partnership ; Road ; Roads ; Sanitation ; Tax ; Transport ; Transport ; Transport Economics, Policy and Planning ; Transport Sector ; Transport Services ; Climate Change ; Infrastructures ; Public Partnership ; Road ; Roads ; Sanitation ; Tax ; Transport ; Transport ; Transport Economics, Policy and Planning ; Transport Sector ; Transport Services ; Climate Change ; Infrastructures ; Public Partnership ; Road ; Roads ; Sanitation ; Tax ; Transport ; Transport ; Transport Economics, Policy and Planning ; Transport Sector ; Transport Services
    Abstract: This paper provides an overview of the major current debates on infrastructure policy. It reviews the evidence on the macroeconomic significance of the sector in terms of growth and poverty alleviation. It also discusses the major institutional debates, including the relative comparative advantage of the public and the private sector in the various stages of infrastructure service delivery as well as the main options for changes in the role of government (i.e. regulation and decentralization)
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  • 9
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, remarked that Lebanon stands at a critical crossroad in the wake of the war in the previous summer. Lebanon now needs to go beyond reconstruction. He reviewed the implementation of the Lebanese Government's economic and social reform program. The World Bank Group is providing financing support in three areas: first, the unprecedented step of providing grants from World Bank Group income for recovery and reconstruction. Second, the International Finance Corporation will provide 250 to 275 million dollars in financing for Lebanon's financial and business community, including a guarantee program for small and medium-sized enterprises and a trade finance facility. Third, the Bank extended up to 700 million dollars in IBRD financing to support the implementation of the Government's program, particularly its efforts to stimulate growth and to meet the needs of the poorest and most vulnerable elements of the population. The Bank is prepared to continue and intensify efforts in assisting the Government to implement its programs, to build institutional capacity, to improve procurement and financial management to undertake sector reforms, with a particular focus on those sectors such as power, which are key to the overall success of the program.The people of Lebanon have called on the world to help revive their economy. We have an opportunity to restore hope and stability that the Lebanese people and their children so deeply deserve
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  • 10
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, discussed the fight for good governance and the fight against corruption. More and more African countries are taking on the challenge of corruption. It is important to work with the private sector to combat corruption in developing countries. It should be possible to work to strengthen systems in the country rather than trying to create parallel systems that bypass and, in the process, weaken indigenous systems. He noted the need to monitor progress and to work with donors on harmonization. A strong private sector creates jobs, opportunities for people to improve their own lives and even more importantly the lives of their children in honest work rather than in corruption. It is a virtuous circle where good governance leads to stronger development and stronger development leads to stronger governance
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  • 11
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, remarked that we are seeing today an emerging global consensus that we must do something about climate change. But equally important is the agenda to reduce poverty. We face this double challenge of reducing damaging carbon emissions, and still meeting the energy demands of the world's poor. The role of the World Bank Group is to provide technical support to pilot innovative ideas, to work with countries to develop alternative strategies, and to listen and partner with the private sector which is going to provide much of the engine in innovation and financing. Carbon trading could generate resource flows in the order of USD 200 billion a year. The Bank is helping developing countries to move to a lower carbon path by exploiting renewable energy resources, supporting energy conservation, and increasing efficiency. Second, the Bank is playing a role is in promoting new technology. The third focus of the Bank is to prevent deforestation. Fourth, the Bank is among the leaders in addressing adaptation to climate risk by pioneering insurance work. We need to act sooner rather than later, today rather than tomorrow
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  • 12
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, convened a forum to discuss strategies, programs, and policies for building science, technology, and innovation (STI) capacity to promote sustainable growth and poverty reduction in developing countries. He remarked that if you want to deal with poverty, you better keep science and technology and innovation, maybe especially innovation, in the picture. Education is a major ingredient of success, and investing in people, what economists like to call human capital, is one of the biggest contributors to growth and poverty reduction. Wolfowitz focused on upgrading technology and capturing the latecomer's advantage; the role of research and development; and reversing the brain drain
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  • 13
    Language: English
    Pages: Online-Ressource (1 online resource (27 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Trujillo, Lourdes Government Expenditures On Education, Health, And Infrastructure
    Keywords: Accountability ; Allocation ; E-Business ; Expenditure levels ; Fiscal adjustment ; Government Expenditures ; Health Monitoring and Evaluation ; Health, Nutrition and Population ; Labor Policies ; Private Sector Development ; Programs ; Public Sector Expenditure Analysis and Management ; Public expenditure ; Public expenditures ; Public sector ; Social Protections and Labor ; Total expenditure ; Transport ; Transport Economics, Policy and Planning ; Accountability ; Allocation ; E-Business ; Expenditure levels ; Fiscal adjustment ; Government Expenditures ; Health Monitoring and Evaluation ; Health, Nutrition and Population ; Labor Policies ; Private Sector Development ; Programs ; Public Sector Expenditure Analysis and Management ; Public expenditure ; Public expenditures ; Public sector ; Social Protections and Labor ; Total expenditure ; Transport ; Transport Economics, Policy and Planning ; Accountability ; Allocation ; E-Business ; Expenditure levels ; Fiscal adjustment ; Government Expenditures ; Health Monitoring and Evaluation ; Health, Nutrition and Population ; Labor Policies ; Private Sector Development ; Programs ; Public Sector Expenditure Analysis and Management ; Public expenditure ; Public expenditures ; Public sector ; Social Protections and Labor ; Total expenditure ; Transport ; Transport Economics, Policy and Planning
    Abstract: All interested parties seem to agree that it is important to be able to monitor public sector performance at the sectoral level, but most current work based on multi-country databases does not lend itself to country-specific conclusions. This is due to a large extent to major data limitations both on sectoral expenditures and on sectoral outcomes. This paper discusses the related issues and shows what we can do with the current data inspite of the drastic limitations. The main conclusions of the paper are that any efforts to assess country-specific performances in relative terms are likely to be difficult in view of the data problems. A rough sense of performance across sectors can be estimated for groups of countries, allowing some modest benchmarking exercises. These estimates show that low-income countries generally lag significantly behind higher-income countries. Efficiency has improved during the 1990s in energy and education but has not improved significantly in transport
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  • 14
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, discussed how to meet the rising demand for energy while reducing our carbon footprint. Rich countries need to lead by example, renovating and replacing infrastructure and investing in clean technology. Rich countries also need to lead with direct support to developing nations, both to reduce poverty and reduce carbon emissions. Moving to a low carbon path will require investments, and a long-term equitable global regulatory framework to reduce greenhouse gas emissions. The Bank has been actively supporting climate-friendly solutions in four areas: efficiency and conservation, renewable energy, forest preservation, and adaptation to climate change
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  • 15
    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: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, spoke about Education for All being at the forefront of the development agenda. He spoke about four pillars to improve the education: (i) More aid: Education for all; (ii) Better aid: Quality of education that ensure the financial resources to align behind developing countries polices and strategies; (iii) Faster aid: New aid instruments and aid delivery mechanisms need to be used to ensure that resources are channeled fast to the local levels, where they are most needed; and (iv) Long-term predictable aid: Developing countries cannot develop comprehensive sector-wide strategies without being able to rely on foreign aid for more than 2 or 3 years. Moving forward, the World Bank will continue to expand our support for countries with good policies and help them build capacity
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  • 16
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, discussed governance and anticorruption being at the heart of Africa's development future. He spoke of donor coordination and IDA's work in the region
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  • 17
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, congratulated Ghana on its fiftieth anniversary that it has become one of the best performers economically in Sub-Saharan Africa, and is expected to meet the Millennium Development Goal to cut poverty in half. He spoke about World Bank partnership with the university to help create a facility that provides access to a wealth of development information for students, researchers, faculty, and the general public, and encourages all to take advantage of this new resource on the campus. Ghana faces challenges to boost the competitiveness of the private sector, an important engine for job creation. Ghana will need to invest heavily in infrastructure, and reform its energy sector, while ensuring sustained good governance. He concluded by saying that Ghana should inspire Africa by aiming higher, moving faster, taking bigger and bolder steps to achieve the future that the people of Ghana deserve
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  • 18
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: In his opening remarks, President of the World Bank, Paul Wolfowitz said that the international community needs to do much more and faster and take advantage of this unique opportunity that Liberians have now, after 25 years of instability, to take control of their destiny. Liberia's USD 3.7 billion debt is clearly unsustainable and an unacceptable burden. He called on the international community to work together to clear the arrears so that the country can move forward. He paid tribute to what he terms as the "inspirational leadership of Ellen Johnson Sirleaf," and added that this new hope must not be allowed to fade away. He said that "Those who remember the horror of the past can hardly imagine that Liberia has now become a place of hope
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  • 19
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, in the development community, the interaction of energy, environment, and poverty have emerged as a central challenge. Lack of consistent electricity in developing countries is a severe obstacle to doing business. It is also affecting school attendance, particularly among girls. Inefficient energy sources can also pose health problems-as many as 1.6 million deaths per year due to indoor smoke. Rich and poor countries alike need to apply energy-efficient technology to cut greenhouse gas emissions. At the G8 summit in Gleneagles, the World Bank Group was asked to take a leadership role in creating a new framework for clean energy and development, including investment and financing. In the first phase we will propose accelerated investments. In the second phase, we aim to generate new knowledge on technology options and the impact on climate change. Wolfowitz summarized the Bank's ongoing energy spending activities
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  • 20
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, remarked that a key goal of the World Bank is supporting developing countries in meeting their energy demands, and helping poor people escape from poverty, and doing so with a smaller environmental footprint. It is important to build a strong partnership between rich countries and developing countries. He talked about Brazil producing ethanol on an enormous scale and with exceptional efficiency where ethanol prices have been steadily coming down in Brazilian industry, when global energy prices have been coming up. He noted the need to remove unnecessary trade obstacles that make bio fuels less competitive. He concluded by saying that the goal of World Bank's new Investment Framework for Clean Energy and Development is to provide advice, technical assistance, and investment programs to help the partner countries meet the energy challenges while protecting the natural environment
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  • 21
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, discussed good governance, policies, and practice that are the means to achieve better development results. He spoke of sound principles of accountability and transparency that not only assure funds that are spent as intended, but also are essential to accelerating economic growth, helping the poor to escape poverty,and achieving the Millennium Development Goals. He highlighted the need to find solutions which are innovative and flexible and which respect the unique constituents and conditions in each country. He concluded by saying that the effort to strengthen and improve governance is a key element in the fight against poverty
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  • 22
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, discussed giving the poor people of the world a chance to escape poverty. He spoke about the actions to promote good governance that are crucial to successful economic development, poverty reduction and helping member countries achieve the Millennium Development Goals. He mentioned issues of global import, particularly the prospects for the Doha Round and the issue of clean, efficient, and affordable energy. He concluded by saying that the Bank Group will continue to remain active in a variety of international efforts to provide global public goods
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  • 23
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, stated that the importance of cities is increasing on a daily basis. By 2030, China alone will add 342 million new urban residents, and India 271 million. Africa will add 395 million people and more than half (54 percent) of its population will be living in urban areas. Urbanization creates job opportunities and poverty challenges. Urbanization has place mayors on center stage to implement solutions to alleviate poverty at the local level. The World Bank established a dedicated urban unit more than 30 years ago, with estimated lending on urban issues in 2005 at USD 7 billion. The Bank looks forward to strengthening partnerships with local governments
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  • 24
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, reminded participants that it is important to remember the more than 1 billion people worldwide struggling to survive on less than USD 1 a day. Fighting the scourge of poverty is at the heart of the World Bank Group's mission. The burden of debt and the disease of corruption threaten to undermine the efforts to meet the Millennium Development Goals. Many regions of the world have made significant progress to improve living standards and reduce poverty. Sub-Saharan Africa is moving dangerously in the opposite direction. Africa's richest resource, and its best hope, is its people. But more development financing and debt relief is needed. In the long run, neither aid nor debt relief will help the poor escape poverty without a transparent and accountable government. We are seeing an informed African citizenry demanding change. The World Bank Group is committed to supporting champions of reform in both government and civil society. Partnering with parliaments from donor countries is as important as working with parliaments in recipient countries. To achieve true prosperity for our integrated planet, we must work together to help give the poorest among us the chance to find their way out of poverty
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  • 25
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, remarked that the past-quarter century has to count as the most successful 25 years in history in the fight against poverty. The one region that has so far been conspicuously left behind by that progress is Sub-Saharan Africa. The people of Africa are hard at work building a more hopeful future for their continent. There is no shortage of energy, ambition, or entrepreneurial spirit. What are most severely lacking are resources to support good plans and good ideas. For Africa and the poorest countries in the world a critical source of development funding comes from the International Development Association or IDA. France has been a leader in IDA in the past. The World Bank has responded with an 'Africa Action Plan.' Wolfowitz briefly discussed four key areas of focus: Education, Health, Private Sector Development, and Infrastructure
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  • 26
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, talked about a new generation of leaders emerging in Africa, who increasingly recognize their responsibility to their people. The landscape across Africa is changing. Conflicts diminish. Small Businesses emerge. We are seeing a new breath of hope infused in all parts of that continent. More and more Africans are saying they can't live with corruption. Strong U.S. support for foreign aid is particularly important to help address issues important to Americans, issues like government transparency, anti-corruption, and civil society participation. Wolfowitz concluded that it will be up to Africans most of all to bring about the momentous changes needed to conquer poverty. But as Americans we must be able to say that we did everything we could to give them the hand that they need and deserve
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  • 27
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, discussed Africa's challenge to unleash the energy of the people, and give people the opportunity to improve their lives themselves. He talked about the challenge of corruption. He appreciated Africa for improving policies to make it easier for new businesses to take off and for businesses that are established to expand. Africans are taking a lead in helping their continent turn the corner, and donors are raising the bar for development assistance to try to ensure that every dollar is used to create a healthier, better-educated, more prosperous Africa. Governance is taken seriously, with performance-based aid strengthening anti-corruption efforts
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  • 28
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, discussed the fight against poverty during the last 20 years, during which East Asian countries have made progress, but Sub-Saharan African poverty has doubled. Oil revenues far exceed official development assistance. Yet for some countries it has been more of a curse than a blessing. Corruption and waste has led to distorted economies and demoralized societies in which government power has become an object of plunder leading to civil war and social chaos. The Extractive Industries Transparency Initiative (EITI) aims to improve governance in resource-rich countries through disclosure and verification of company payments and government revenues from oil, gas, and mining. It focuses on transparency, which is one important aspect of governance-but it is an important step towards transforming resources into real development impact, to real effect on the lives of the poor. He spoke about EITI process still facing many challenges ahead. If EITI is to succeed, it must engage every group that has a stake in the country's future. EITI process requires governments to significantly increase their capacity while coping with other pressing demands. Making EITI succeed means going beyond just EITI in making revenues more transparent. We need to begin a vigorous effort in the area of helping countries recover stolen assets. For most countries EI revenues by themselves will not be enough by themselves to guarantee higher living standards for all citizens. We must do everything we can to help these countries transform their wealth into a brighter future for every citizen
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  • 29
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, at a meeting jointly sponsored by WHO, UNAIDS, and the World Bank, addressed the issue of the financial sustainability of AIDS treatment-especially focusing on the increasing need for second-line combination treatment regimens. The Bank is working to strengthen capacity for effectively mainstreaming AIDS priorities into national planning efforts, particularly development of poverty reduction and implementation processes. As one of many development partners supporting national AIDS programs, the World Bank is committed to improve coordination, and to better align and harmonize its support with country responses
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  • 30
    Language: English
    Pages: Online-Ressource (1 online resource (30 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Estache, Antonio Utilities Reforms And Corruption In Developing Countries
    Keywords: Data ; Data Analysis ; Databases ; E-Business ; Electricity ; Energy ; Energy Production and Transportation ; ICT Policy and Strategies ; Information ; Information and Communication Technologies ; Infrastructure Economics and Finance ; Infrastructure Regulation ; International Telecommunications ; Mobile Phones ; Performance ; Performance Indicators ; Poverty Monitoring and Analysis ; Poverty Reduction ; Price ; Prices ; Private Sector Development ; Private Security ; Public Sector Corruption and Anticorruption Measures ; Social Development ; Town Water Supply ; Water Supply and Sanitation ; Data ; Data Analysis ; Databases ; E-Business ; Electricity ; Energy ; Energy Production and Transportation ; ICT Policy and Strategies ; Information ; Information and Communication Technologies ; Infrastructure Economics and Finance ; Infrastructure Regulation ; International Telecommunications ; Mobile Phones ; Performance ; Performance Indicators ; Poverty Monitoring and Analysis ; Poverty Reduction ; Price ; Prices ; Private Sector Development ; Private Security ; Public Sector Corruption and Anticorruption Measures ; Social Development ; Town Water Supply ; Water Supply and Sanitation ; Data ; Data Analysis ; Databases ; E-Business ; Electricity ; Energy ; Energy Production and Transportation ; ICT Policy and Strategies ; Information ; Information and Communication Technologies ; Infrastructure Economics and Finance ; Infrastructure Regulation ; International Telecommunications ; Mobile Phones ; Performance ; Performance Indicators ; Poverty Monitoring and Analysis ; Poverty Reduction ; Price ; Prices ; Private Sector Development ; Private Security ; Public Sector Corruption and Anticorruption Measures ; Social Development ; Town Water Supply ; Water Supply and Sanitation
    Abstract: This paper shows empirically that "privatization" in the energy, telecommunications, and water sectors, and the introduction of independent regulators in those sectors, have not always had the expected effects on access, affordability, or quality of services. It also shows that corruption leads to adjustments in the quantity, quality, and price of services consistent with the profit-maximizing behavior that one would expect from monopolies in the sector. The results suggest that privatization and the introduction of independent regulators have, at best, only partial effects on the consequences of corruption for access, affordability, and quality of utility services
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 31
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, discussed Singapore's remarkable progress along the road from poverty to prosperity which has also been discovered by many other countries in East Asia and around the world. He spoke of how each country must find its own path for people to pursue the same dreams of the chance to go to school, the security of a good job, and the ability to provide a better future for their children. Throughout the world, and importantly in the developing world, there is a growing recognition that the path to prosperity must be built on a solid foundation of good governance. Rich countries that have a vital responsibility in the fight against corruption and the need to take action against bribe givers who often come from their countries and to help the developing country partners recover stolen assets. He concluded by saying that the Bank's mission is to help pave the way for the poor by giving them opportunity to work, so that they can take control of their own destiny
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  • 32
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, remarked that the Gender Equality Millennium Development Goal is a central component of our overall mission of fighting poverty and empowering women in their education and opportunity for a better future. Gender equality is more than a women's issue, it is a development issue. If one of the wheels of the cart isn't moving, the cart won't go very far. We have already missing the 2005 target to eliminate gender disparity in primary and secondary education. Trends in South Asia and Sub-Saharan Africa put us in danger of missing the 2015 target. We must bring more women into the labor force and into higher-paid occupations. The Bank has made significant progress on gender mainstreaming in social sectors like education and health, but more must be done to support shared growth in such areas as infrastructure, energy, and transport
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  • 33
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, and Ambassador Andrew Young engaged in a roundtable discussion on economic development, moderated by Dean Bahl of Georgia State. Wolfowitz has made Africa the first priority of the Bank. There is really a chance for Africa to turn the corner. It's going to have to start with the best performers, doing what the so-called Tigers did in East Asia, showing the way for other countries. Young said you can make more money honestly in a growing economy, than you can steal in a dying economy. Wolfowitz gave examples of the turnaround in Africa. Africa needs an environment where foreign investment support and local domestic investment is even more important
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  • 34
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, makes the case for ending poverty in our lifetime, especially in Africa. There is an urgent need for action, because thousands of people living in extreme poverty, many of them children, die every day from preventable diseases. The call to end poverty reaches across generations, continents, and nationalities. It spans religions, gender, and politics. Wolfowitz claims that the world is at a turning point, with grounds for hope. The last few decades have witnessed dramatic improvement in the condition of the world's poorest people. He cites as key factors leadership and accountability, respect for women, civil society, the private sector, and legal empowerment of the poor. He concludes that in order to find solutions for alleviating poverty, the World Bank needs to strengthen its knowledge and expertise in such areas as education, health, infrastructure, energy and sustainable development, and agriculture. We must chart a course for a future in which today's poor become tomorrow's entrepreneurs
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  • 35
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, remembers and honors the victims and the survivors of the worst act of genocide in Europe since the World War II and commits to helping rebuild shattered lives. He resolves that these horrible events must never be repeated. The World Bank has been able to participate in building a better future for Bosnia and he appeals to everyone to stand together to make the dreams of the young generation a reality
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  • 36
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, discussed how Japan's success is an inspirational example for developing countries. Now, Japan is the second largest shareholder in the World Bank and a valued partner. Today the world is challenged to help the poor countries achieve the millennium development goals and that Japan and the World Bank have a common set of priorities in that endeavor. The Hong Kong round of the Doha development trade round is a big challenge ahead. The relationship between Japan and the World Bank is one of the most critical ones
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  • 37
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, argued that the Doha Round presents an opportunity to rewrite the rules of an unfair trading system that holds back the potential of the poorest people. As important as aid is, as important as debt relief is, the opportunities generated by trade are far more significant. Unless the people of Africa and other poor countries have access to markets to sell their products, they will not escape poverty or be able to give their children a better future. He said, under the current rules, rich countries are allowed to keep barriers highest on the goods produced by poor countries. Wolfowitz emphasized that rich countries pay out a total of 280 billion dollars in subsidies to their farmers each year. But the real damage is done to farmers in poor countries who are denied markets to sell their goods. It is their children who go hungry, who are deprived of clean water, medicines, and the most basic necessities of life
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  • 38
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, remarked that the millennium development goals (MDGs) created a metric of accountability for which humanity will hold the World Bank answerable. It also created a vital tool for measuring progress. The MDGs call for developing countries to improve performance and developed countries to fulfill their promise to increase aid. It is time to dismantle trade barriers and ending subsidies that hurt farmers and small businesses. The MDGs require strengthening the private sector and encouraging a vibrant civil society in developing countries. He related the story of Beatrice Gakuba's efforts to create jobs for rural women. The World Bank is developing an Africa action plan with 25 initiatives to improve education, roads and power, with measurable goals
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  • 39
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, complimented the impressive work of agencies like the Japan International Cooperation Agency and the Japan Bank for International Cooperation. Japan is a big player everywhere in the world. The World Bank depends heavily on Japanese financial markets for borrowing. Today, Japan is a major market for developing countries and a major source of development assistance. Developing countries will need assistance to help their entrepreneurs take advantage of new trade opportunities. A swift and meaningful conclusion to the Doha round is essential if the Bank is to win the fight against poverty, disease, and hunger
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  • 40
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, noted that China has shown astonishing resolve in the last 25 years in fighting poverty, with remarkable progress to show for it. With similar resolve, China can successfully work with the Bank and with other partners to overcome the remaining development challenges it faces today: battling continued poverty, confronting environmental decline, and lowering barriers to global trade. He commented that the upcoming meeting of the G-20 presents a vital opportunity for China and the international community to redress the imbalances in the global economy, to create a more stable and equitable world for future generations. It is the first time that China is hosting this meeting of the G-20-and this is appropriate evidence of China's growing role as a major force in the global economy. The decisions at that meeting can make a difference for the world's poor--between a life of deprivation and suffering or a future with dignity and opportunity
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  • 41
    Language: English
    Pages: Online-Ressource (1 online resource (152 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Estache, Antonio A "Research" Database On Infrastructure Economic Performance, Vol. 1 of 2
    Keywords: Aircraft ; Cellular Telephones ; Costs ; E-Business ; Energy ; Energy Production and Transportation ; Fuel ; Fuels ; ICT Policy and Strategies ; Information and Communication Technologies ; Infrastructure ; Infrastructure Economics and Finance ; Infrastructure Regulation ; International Transport ; Poverty Monitoring and Analysis ; Poverty Reduction ; Private Sector Development ; Rail ; Railways ; Rebates ; Roads ; Sanitation ; Tax ; Taxes ; Town Water Supply and Sani ; Transport ; Transport Economics, Policy and Planning ; Water Supply and Sanitation ; Aircraft ; Cellular Telephones ; Costs ; E-Business ; Energy ; Energy Production and Transportation ; Fuel ; Fuels ; ICT Policy and Strategies ; Information and Communication Technologies ; Infrastructure ; Infrastructure Economics and Finance ; Infrastructure Regulation ; International Transport ; Poverty Monitoring and Analysis ; Poverty Reduction ; Private Sector Development ; Rail ; Railways ; Rebates ; Roads ; Sanitation ; Tax ; Taxes ; Town Water Supply and Sani ; Transport ; Transport Economics, Policy and Planning ; Water Supply and Sanitation ; Aircraft ; Cellular Telephones ; Costs ; E-Business ; Energy ; Energy Production and Transportation ; Fuel ; Fuels ; ICT Policy and Strategies ; Information and Communication Technologies ; Infrastructure ; Infrastructure Economics and Finance ; Infrastructure Regulation ; International Transport ; Poverty Monitoring and Analysis ; Poverty Reduction ; Private Sector Development ; Rail ; Railways ; Rebates ; Roads ; Sanitation ; Tax ; Taxes ; Town Water Supply and Sani ; Transport ; Transport Economics, Policy and Planning ; Water Supply and Sanitation
    Abstract: The authors present an infrastructure database that was assembled from multiple sources. Its main purposes are: (1) to provide a snapshot of the sector as of the end of 2004; and (2) to facilitate quantitative analytical research on infrastructure. The paper includes definitions, source information, and the most recent data available for 37 performance indicators that proxy access, affordability, and quality of service. Additionally, the database includes a snapshot of 15 reform indicators across infrastructure sectors
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 42
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, congratulated the editorial team of National Geographic for the special issue on Africa. National Geographic has played a unique role in broadening the knowledge of the world. The World Bank partnered with National Geographic to produce a full-color wall map to raise awareness of the millennium development goals (MDGs) and to highlight each country's progress. We often hear about an Africa that is ravaged by poverty, disease and conflict. There is another face to Africa, one of hope, ambition, energy, intelligence and achievement. That face is also captured compellingly in this issue. Africa's future holds rich opportunities. To seize these opportunities, there are many challenges to overcome. Given the enormous scale of this challenge, we need to come to terms with what we can and cannot achieve with the MDGs. The World Bank is working with countries that request help to strengthen legislation and institutions so they can take charge of combating corruption. Africa's transformation will depend on the commitment of the international community and the resolve of Africa's people and leaders. Michael Fay, National Geographic Explorer in Residence, spoke of his travels in Africa and said that there is a very direct relationship in particular in the African continent, but indeed everywhere on earth, between the management of the natural resource base and poverty alleviation, the wellbeing of humanity. Frannie Leautier, of the World Bank Institute, said countries working together can reach solutions that are much better than when they work individually. She noted the need to balance between human life and other life forms, with the forests, animals and so on. Paulo Gomes, of the World Bank Board of Directors, said the issue was very rich in presenting the ecological dimension of the diversity of Africa. The Bank needs to do something in preparing a comprehensive strategy to rebrand Africa in a more positive light. Africa has a formidable reservoir of variety in fauna and flora that can be used for science and the good of the continent. The panel fielded questions on urban ecology, indigenous knowledge, resource management, and governance amid ethnic diversity
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  • 43
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, celebrated the second anniversary of the Rose Revolution in Georgia. He spoke about the evidence of reduced corruption in Georgia. Georgia had the second largest improvement in performance last year of any country in the world. In transforming its own society, Georgia sets an example for the region. He assured that Georgia can count on the World Bank Group as a committed partner. Finally, he concluded by saying that Georgian determination which shined so brightly in the Rose Revolution will continue to be a beacon supporting the Georgian ideals of freedom and prosperity
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  • 44
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Paul Wolfowitz, President of the World Bank, shared his thoughts about how the global community can face the double challenge of protecting our environment and strengthening our economies. Brazil is working to turn this double challenge into a double dividend, by meeting energy needs that are essential for growth and fighting poverty, while leaving a smaller environmental footprint. Investing in the environment is investing in the future of the poor. To improve the lives of the poor and to create job opportunities for them, the developing countries need much more energy than they use today. The second and much greater challenge lies in slowing the threat of deforestation. The World Bank Group's mission is to support economic development and policies that helps the poor. He concluded saying that we can and will continue to work with Brazil to raise global consciousness about our shared responsibility toward our environment
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