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  • 2005-2009  (25)
  • McKenzie, David  (13)
  • Foster, Vivien
  • International Finance Corporation
  • Washington, D.C : The World Bank  (25)
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Year
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  • 1
    Online Resource
    Online Resource
    Is Low Coverage of Modern Infrastructure Services in African Cities Due To Lack of Demand Or Lack of Supply? (2009)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (22 p)
    Edition: 2009 World Bank eLibrary
    Parallel Title: Wodon, Quentin Is Low Coverage of Modern Infrastructure Services in African Cities Due To Lack of Demand Or Lack of Supply?
    Abstract: A majority of sub-Saharan Africa’s population is not connected to electricity and piped water networks, and even in urban areas coverage is low. Lack of network coverage may be due to demand or supply-side factors. Some households may live in areas where access to piped water and electricity is feasible, but may not be able to pay for those services. Other households may be able to afford the services, but may live too far from the electric line or water pipe to have a choice to be connected to it. Given that the policy options for dealing with demand as opposed to supply-side issues are fairly different, it is important to try to measure the contributions of both types of factors in preventing better coverage of infrastructure services in the population. This paper shows how this can be done empirically using household survey data and provides results on the magnitude of both types of factors in explaining the coverage deficit of piped water and electricity services in urban areas for a large sample of African countries
    DOI: 10.1596/1813-9450-4881
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  • 2
    Online Resource
    Online Resource
    A Handbook for Tax Simplification (2009)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Investment Climate Assessment
    Series Statement: World Bank E-Library Archive
    Abstract: The purpose of this handbook is to provide policy makers with a framework to assess a tax system in its entirety, measure its various parameters and how it is administered, and defines best practices for tax policy and administration that will yield a tax system that is simple and predictable and does not create an undue burden on private enterprise. This handbook is primarily designed for policy makers and tax practitioners. The goal is to analyze the impact of income tax, the value added tax (VAT), and other local taxes that are imposed on business. This handbook does not analyze the effects of trade and labor taxes such as social security. The administration of the customs duty is unique and has been addressed extensively in the literature on customs modernization. Labor taxes primarily imposed on salaried individuals are not covered by this handbook, even though their incidence affects business. VAT has been included even though it is a tax on consumption because the administrative burden to comply with it is primarily on business
    DOI: 10.1596/28206
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 3
    Online Resource
    Online Resource
    Lessons for Reformers : How to Launch, Implement, and Sustain Regulatory Reform (2009)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Investment Climate Assessment
    Series Statement: World Bank E-Library Archive
    Abstract: This paper focuses on core aspects of the political economy of reform, drawing on case studies of three economies transitioning to stronger business environments (Hungary, the Republic of Korea, and Mexico) and three countries with well-developed business environments (Australia, Italy, and the United Kingdom). The purpose is threefold: first, to identify so-called drivers of reform among successfully reforming countries; second, to explore how a reform strategy can make optimal use of the opportunities provided by the drivers of change; and third; to suggest how these lessons can be proactively used by other reformers to design and guide reforms. The case study findings suggest that, regardless of the content of reform, success is influenced by an evolving mix of seven drivers of change: i) globalization or competitiveness; ii) crisis; iii) political leadership; iv) unfolding reform synergies; v) technocrats; vi) changes in civil society, and vii) external pressure. The case studies suggest that reformers can influence the direction and pace of change by mobilizing and exploiting drivers of it. Rather than a cause-and-effect scenario in which a single driver-such as a crisis-creates and defines the success of a body of reforms, what happens is an unfolding series of events in which various drivers become more and less important in defining phases of the reform process
    DOI: 10.1596/28141
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  • 4
    Online Resource
    Online Resource
    Financing Public Infrastructure in Sub-Saharan Africa : Patterns and Emerging Issues, Cross-Country Annex (2009)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Recent Economic Development in Infrastructure
    Series Statement: World Bank E-Library Archive
    Abstract: To be credible, any plan for scaling up infrastructure in Africa must rest on a thorough evaluation of how fiscal resources are allocated and financed. Because in every plausible scenario the public sector retains the lion's share of infrastructure financing, with private participation remaining limited, a central purpose of such an evaluation is to identify where and how fiscal resources can be better used if not increased without jeopardizing macroeconomic and fiscal stability. The stakes are high, because the magnitude of Africa's infrastructure needs carries a commensurate potential for misuse of scarce fiscal resources. The authors analyze recent public expenditure patterns to identify ways to make more fiscal resources available for infrastructure. The authors do this in three ways. First, we quantify the level and composition of public spending on infrastructure so as to match fiscal allocations to the particular characteristics of individual subsectors and to countries' macroeconomic type (low-income fragile, low-income no fragile, oil-exporting, and middle-income). Second, the authors evaluate public budgetary spending for infrastructure against macroeconomic conditions to get a sense of the scope for making additional fiscal resources available based on actual allocation decisions in recent years. And, third, the authors look for ways to make public spending for infrastructure more efficient, so as to better use existing resources. Any exercise of this kind encounters data limitations. First, because it was not feasible to visit all sub national entities, some decentralized infrastructure expenditures probably have been underrepresented, with particular implications for the water sector. Second, it was not always possible to fully identify which items of the budget are financed by donors, and contributions by nongovernmental organizations (NGOs) to rural infrastructure projects are likely to have been missed completely. Third, it was not always possible to obtain full financial statements for all of the infrastructure special funds that the authors identified. Fourth, accurate recording of annual changes in fixed capital formation (capital expenditure) of State-owned enterprises (SOEs) remains a methodological challenge. Fifth, accurate measurement of existing public infrastructure stock will require further methodological development
    DOI: 10.1596/28237
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  • 5
    Online Resource
    Online Resource
    Practical Guide to Corporate Governance : Experiences from the Latin American Companies Circle (2009)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Corporate Governance Assessment
    Series Statement: World Bank E-Library Archive
    Abstract: This publication details 14 firms recognized for better corporate governance practices that had suffered less damage than average listed Latin American companies during the finanicial crisis. It offers an opportunity for business leaders in Latin America to learn from the experience of peers who have successfully implemented substantive improvements in governance standards and practices. Although the guide has been in the works for several years, the timing of its publication coincides with a global financial crisis that has catapulted corporate governance to a top spot on the global policy agenda. With gaps in governance from inadequate risk management to distorted incentives structures factoring in as contributing to the crisis, good corporate governance practices will be an important part of the response needed for Latin American economies, as well for others around the world. Within this context, there has been a remarkable growth in awareness and activity surrounding corporate governance during the last decade, as recognized by the Latin American roundtable on corporate governance. This is an ongoing initiative of the Organization for Economic Co-operation and Development and the International Finance Corporation/World Bank Group that has brought together policy-makers, regulators, stock exchanges, investors, companies and other stakeholders on an annual basis to promote improved policies and practices specific to the Latin American context. This practical guide is an outgrowth of these efforts, involving many steps along the way. When members of the Roundtable called for greater participation from private sector companies in the Roundtable's corporate governance improvement efforts, the companies circle was born. A first book of case studies was launched in 2005, with an expanded second edition issued in 2006. Members of the circle were keen to share experiences and believed a wider audience of Latin businesspeople will benefit from a practical guide exploring the ways and whys of their governance improvements
    DOI: 10.1596/28085
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  • 6
    Online Resource
    Online Resource
    Impact Assessments in Finance and Private Sector Development : What Have We Learned and What Should We Learn? (2009)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (31 p)
    Edition: 2009 World Bank eLibrary
    Parallel Title: McKenzie, David Impact Assessments in Finance and Private Sector Development
    Abstract: Until recently rigorous impact evaluations have been rare in the area of finance and private sector development. One reason for this is the perception that many policies and projects in this area lend themselves less to formal evaluations. However, a vanguard of new impact evaluations on areas as diverse as fostering microenterprise growth, microfinance, rainfall insurance, and regulatory reform demonstrates that in many circumstances serious evaluation is possible. The purpose of this paper is to synthesize and distil the policy and implementation lessons emerging from these studies, use them to demonstrate the feasibility of impact evaluations in a broader array of topics, and thereby help prompt new impact evaluations for projects going forward
    DOI: 10.1596/1813-9450-4944
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  • 7
    Online Resource
    Online Resource
    Global Investment Promotion Benchmarking Report : Eyes on COMESA (2009)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Investment Climate Assessment
    Series Statement: World Bank E-Library Archive
    Abstract: Many countries are convinced that Foreign Direct Investment (FDI) should be an important component of their growth strategy. To encourage FDI, they have improved their business climates, developed various guarantees for investors, and offered incentives. In the real world, Investment Promotion Intermediaries (IPIs) face tight budget and human resource constraints. Allocating scarce resources among the various possible activities is a major component of developing an effective promotion strategy. Research, including that covered in this report, suggests that many IPIs are failing to devote enough attention to the most basic-and least costly-promotion function, one that, if it fails, undermines all other promotion activities. Provision of services to potential investors-and particularly the provision of information-is basic to all promotion. Image-building efforts can be hugely expensive. Similarly, targeted missions and personal selling are costly in terms of both time and effort. FDI offers the prospects of growth and jobs to host countries, but attracting it requires a good deal of effort. Effective investment promotion is not only less costly than adding on more incentives for investors; reform and incentives are unlikely to accomplish their goals without promotion. Promotion efforts will, however, fail to attract desired investment if IPIs are not skilled at the most basic function: collecting and providing to potential investors relevant and timely information. Ensuring that this function works well should be the top priority in the promotion strategy and in the development of management systems
    DOI: 10.1596/28205
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  • 8
    Online Resource
    Online Resource
    Review of Denmark's Program for Better Business Regulation (2009)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Investment Climate Assessment
    Series Statement: World Bank E-Library Archive
    Abstract: The report is organized as follows: the executive summary (I) pulls together all major conclusions and recommendations of the report. The following five sections then focus on key requirements of any successful regulatory reform program: (II) business regulation policy, (III) measurements and Targets, (IV) organization and procedures, (V) incentives for reform, and (VI) communication of results. Sections I-VI focuses on regulatory reform impacting directly on the private sector. The final section (VII) broadens the discussion and highlights potential benefits of further consolidating and integrating other regulatory reform efforts into a broader and coherent policy for regulatory quality and reform. Two annexes provide more details on two aspects of particular importance for the Danish regulatory reform program after 2010: measuring broader impacts of existing regulation, and regulatory advisory bodies
    DOI: 10.1596/28070
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  • 9
    Online Resource
    Online Resource
    How Many Stops in a One-Stop Shop? : A Review of Recent Developments in Business Registration (2009)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Investment Climate Assessment
    Series Statement: World Bank E-Library Archive
    Abstract: One of the problems in discussing one-stop shops is that everyone seems to have a different idea of what one is. There have been one-stop shops since at least the 1920s, mostly in the retail trade, epitomized by the development of supermarkets and, in recent years, internet sales outlets. This book is about one particular type of service, namely, business registration, and the various one-stop shops that exist now and might exist in the future. If there is confusion about what constitutes a one-stop shop, there are also a variety of views about business registration. In some countries all businesses have to be registered, in others, only those companies with a legal existence separate from their owners. In some countries, registration is the responsibility of the courts; in others, it is an administrative function handled by a government ministry, semi-autonomous agency, or chamber of commerce. Registration may be a function of a central institution or may be affected at a local level. In all these areas, there is change when it comes to implementing a one-stop shop. It is hardly surprising therefore that there are many different views about what constitutes, or should constitute, a one-stop shop
    DOI: 10.1596/27886
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  • 10
    Online Resource
    Online Resource
    The Impacts of International Migration On Remaining Household Members : Omnibus Results From A Migration Lottery Program (2009)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (46 p)
    Edition: 2009 World Bank eLibrary
    Parallel Title: Gibson, John The Impacts of International Migration On Remaining Household Members
    Abstract: The impacts of international migration on development in the sending countries, and especially the effects on remaining household members, are increasingly studied. However, comparisons of households in developing countries with and without migrants are complicated by a double-selectivity problem: households self-select into migration, and among households involved in migration, some send a subset of members with the rest remaining while other households migrate en masse. The authors address these selectivity issues using the randomization provided by an immigration ballot under the Pacific Access Category of New Zealand’s immigration policy. They survey applicants to the 2002-05 ballots in Tonga and compare outcomes for the remaining household members of emigrants with those for members of similar households that were unsuccessful in the ballots. The immigration laws determine which household members can accompany the principal migrant, providing an instrument to address the second selectivity issue. Using this natural experiment, the authors examine the myriad impacts that migration has on remaining household members, focussing on labor supply, income, durable assets, financial service usage, diet, and physical and mental health. The analysis uses multiple hypothesis testing procedures to examine which impacts are robust. The findings indicate that the overall impact on households left behind is largely negative. The findings also reveal evidence that both sources of selectivity matter, leading studies that fail to adequately address them to misrepresent the impact of migration
    DOI: 10.1596/1813-9450-4956
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  • 11
    Online Resource
    Online Resource
    The Microeconomic Determinants of Emigration and Return Migration of the Best and Brightest : Evidence From the Pacific (2009)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (53 p)
    Edition: 2009 World Bank eLibrary
    Parallel Title: Gibson, John The Microeconomic Determinants of Emigration and Return Migration of the Best and Brightest
    Abstract: A unique survey which tracks worldwide the best and brightest academic performers from three Pacific countries is used to assess the extent of emigration and return migration among the very highly skilled, and to analyze, at the microeconomic level, the determinants of these migration choices. Although the estimates indicate that the income gains from migration are very large, not everyone migrates and many return. Within this group of highly skilled individuals, the emigration decision is found to be most strongly associated with preference variables such as risk aversion, patience, and choice of subjects in secondary school, and not strongly linked to either liquidity constraints or the gain in income to be had from migrating. Likewise, the decision to return is strongly linked to family and lifestyle reasons, rather than to the income opportunities in different countries. Overall the data show a relatively limited role for income maximization in distinguishing migration propensities among the very highly skilled, and point to the need to pay more attention to other components of the utility maximization decision
    DOI: 10.1596/1813-9450-4965
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  • 12
    Online Resource
    Online Resource
    Remittances and the Brain Drain Revisited : the Microdata Show That More Educated Migrants Remit More (2009)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (37 p)
    Edition: 2009 World Bank eLibrary
    Parallel Title: Bollard, Albert Remittances and the Brain Drain Revisited
    Abstract: Two of the most salient trends surrounding the issue of migration and development over the past two decades are the large rise in remittances, and an increased flow of skilled migration. However, recent literature based on cross-country regressions has claimed that more educated migrants remit less, leading to concerns that further increases in skilled migration will hamper remittance growth. This paper revisits the relationship between education and remitting behavior using microdata from surveys of immigrants in 11 major destination countries. The data show a mixed pattern between education and the likelihood of remitting, and a strong positive relationship between education and the amount remitted conditional on remitting. Combining these intensive and extensive margins gives an overall positive effect of education on the amount remitted. The microdata then allow investigation as to why the more educated remit more. The analysis finds that the higher income earned by migrants, rather than characteristics of their family situations, explains much of the higher remittances
    DOI: 10.1596/1813-9450-5113
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  • 13
    Online Resource
    Online Resource
    Does It Pay Firms To Register For Taxes ? : The Impact of Formality On Firm Profitability (2008)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (31 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: McKenzie, David Does It Pay Firms To Register For Taxes ?
    Keywords: Debt Markets ; E-Business ; Employment ; Entrepreneurs ; Finance and Financial Sector Development ; Firm Size ; Firms ; Macroeconomics and Economic Growth ; Medium Enterprises ; Microenterprises ; Microfinance ; Private Sector Development ; Small Enterprises ; Small Firms ; Stores ; Supplier ; Taxation and Subsidies ; Transport ; Transport Economics, Policy and Planning ; Debt Markets ; E-Business ; Employment ; Entrepreneurs ; Finance and Financial Sector Development ; Firm Size ; Firms ; Macroeconomics and Economic Growth ; Medium Enterprises ; Microenterprises ; Microfinance ; Private Sector Development ; Small Enterprises ; Small Firms ; Stores ; Supplier ; Taxation and Subsidies ; Transport ; Transport Economics, Policy and Planning ; Debt Markets ; E-Business ; Employment ; Entrepreneurs ; Finance and Financial Sector Development ; Firm Size ; Firms ; Macroeconomics and Economic Growth ; Medium Enterprises ; Microenterprises ; Microfinance ; Private Sector Development ; Small Enterprises ; Small Firms ; Stores ; Supplier ; Taxation and Subsidies ; Transport ; Transport Economics, Policy and Planning
    Abstract: This paper estimates the impact of registering for taxes on firm profits in Bolivia, the country with the highest levels of informality in Latin America. A new survey of micro and small firms enables the authors to control for a rich set of measures of owner ability and business motivations that can affect both profits and the decision to formalize. The paper identifies the impact of tax registration on business profitability using the distance of a firm from the tax office where registration occurs, conditional on the distance to the city center, as an instrument for registration. Proximity to the tax office provides firms with more information about registration, but is argued to not directly affect profits. The findings show that tax registration leads to significantly higher profits for the firms that the instrument affects. However, there is also evidence of heterogeneous effects of tax formality on profits. Tax registration is found to increase profits for the mid-size firms in the sample, but to lower profits for both the smaller and larger firms, in contrast to the standard view that formality increases profits. The analysis shows that owners of large firms who have managed to stay informal have higher entrepreneurial ability than formal firm owners, in contrast to the standard view (correct among smaller firms) that informal firm owners have low ability
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  • 14
    Online Resource
    Online Resource
    Development and Climate Change : A Strategic Framework for the World Bank Group - Technical Report (2008)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Development Policy Review
    Series Statement: World Bank E-Library Archive
    Abstract: This strategic framework serves to guide and support the operational response of the World Bank Group (WBG) to new development challenges posed by global climate change. Unabated, climate change threatens to reverse hard-earned development gains. The poorest countries and communities will suffer the earliest and the most. Yet they depend on actions by other nations, developed and developing. While climate change is an added cost and risk to development, a well-designed and implemented global climate policy can also bring new economic opportunities to developing countries. Climate change demands unprecedented global cooperation involving a concerted action by countries at different development stages supported by "measurable, reportable, and verifiable" transfer of finance and technology to developing countries. Trust of developing countries in equity and fairness of a global climate policy and neutrality of the supporting institutions is critical for such cooperation to succeed. Difficulties with mobilizing resources for achieving the millennium development goals and with agreeing on global agricultural trade underscore the political challenges. The framework will help the WBG maintain the effectiveness of its core mission of supporting growth and poverty reduction. While recognizing added costs and risks of climate change and an evolving global climate policy. The WBG top priority will be to build collaborative relations with developing country partners and provide them customized demand-driven support through its various instruments from financing to technical assistance to constructive advocacy. It will give considerable attention to strengthening resilience of economies and communities to increasing climate risks and adaptation. The operational focus will be on improving knowledge and capacity, including learning by doing. The framework will guide operational programs of WBG entities to support actions whose benefits to developing countries are robust under significant uncertainties about future climate policies and impacts-actions that have "no regrets."
    DOI: 10.1596/28201
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  • 15
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    Online Resource
    Who Are The Microenterprise Owners? : Evidence From Sri Lanka On Tokman V. De Soto (2008)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (35 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: de Mel, Suresh Who Are The Microenterprise Owners?
    Keywords: Education ; Employment ; Employment generation ; Entry costs ; Informal sector ; Labor Markets ; Labor force ; Labor organization ; Microfinance ; Productive employment ; Self employed ; Social Protections and Labor ; Tertiary Education ; Work & Working Conditions ; Worker ; Workers ; Education ; Employment ; Employment generation ; Entry costs ; Informal sector ; Labor Markets ; Labor force ; Labor organization ; Microfinance ; Productive employment ; Self employed ; Social Protections and Labor ; Tertiary Education ; Work & Working Conditions ; Worker ; Workers ; Education ; Employment ; Employment generation ; Entry costs ; Informal sector ; Labor Markets ; Labor force ; Labor organization ; Microfinance ; Productive employment ; Self employed ; Social Protections and Labor ; Tertiary Education ; Work & Working Conditions ; Worker ; Workers
    Abstract: Is the vast army of the self-employed in low income countries a source of employment generation? This paper uses data from surveys in Sri Lanka to compare the characteristics of own account workers (non-employers) with wage workers and with owners of larger firms. The authors use a rich set of measures of background, ability, and attitudes, including lottery experiments measuring risk attitudes. Consistent with the International Labor Organization's views of the self employed (represented by Tokman), the analysis finds that two-thirds to three-quarters of the own account workers have characteristics which are more like wage workers than larger firm owners. This suggests the majority of the own account workers are unlikely to become employers. Using a two and a half year panel of enterprises, the authors show that the minority of own account workers who are more like larger firm owners are more likely to expand by adding paid employees. The results suggest that finance is not the sole constraint to growth of microenterprises, and provides an explanation for the low rates of growth of enterprises supported by microlending
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  • 16
    Online Resource
    Online Resource
    Self-Selection Patterns In Mexico-U.S. Migration : The Role of Migration Networks (2007)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (28 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: McKenzie, David Self-Selection Patterns In Mexico-U.S. Migration
    Keywords: Anthropology ; Communities & Human Settlements ; Culture & Development ; Finance and Financial Sector Development ; Financial Literacy ; Gender ; Gender and Social Development ; Health, Nutrition and Population ; Human Migrations and Resettlements ; Immigrants ; Immigration ; Important Policy ; Income Inequality ; Industry ; International Migration ; Job Opportunities ; Labor Market ; Language Proficiency ; Migrant ; Migrants ; Migration ; Population Policies ; Social Development ; Technology Industry ; Voluntary and Involuntary Resettlement ; Anthropology ; Communities & Human Settlements ; Culture & Development ; Finance and Financial Sector Development ; Financial Literacy ; Gender ; Gender and Social Development ; Health, Nutrition and Population ; Human Migrations and Resettlements ; Immigrants ; Immigration ; Important Policy ; Income Inequality ; Industry ; International Migration ; Job Opportunities ; Labor Market ; Language Proficiency ; Migrant ; Migrants ; Migration ; Population Policies ; Social Development ; Technology Industry ; Voluntary and Involuntary Resettlement ; Anthropology ; Communities & Human Settlements ; Culture & Development ; Finance and Financial Sector Development ; Financial Literacy ; Gender ; Gender and Social Development ; Health, Nutrition and Population ; Human Migrations and Resettlements ; Immigrants ; Immigration ; Important Policy ; Income Inequality ; Industry ; International Migration ; Job Opportunities ; Labor Market ; Language Proficiency ; Migrant ; Migrants ; Migration ; Population Policies ; Social Development ; Technology Industry ; Voluntary and Involuntary Resettlement
    Abstract: The authors examine the role of migration networks in determining self-selection patterns of Mexico-U.S. migration. They first present a simple theoretical framework showing how such networks impact on migration incentives at different education levels and, consequently, how they are likely to affect the expected skill composition of migration. Using survey data from Mexico, the authors then show that the probability of migration is increasing with education in communities with low migrant networks, but decreasing with education in communities with high migrant networks. This is consistent with positive self-selection of migrants being driven by high migration costs, and with negative self-selection of migrants being driven by lower returns to education in the U.S. than in Mexico
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  • 17
    Online Resource
    Online Resource
    Migration And Mental Health : Evidence From A Natural Experiment (2007)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (31 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Stillman, Steven Migration And Mental Health
    Keywords: Anxiety ; Children ; Depression ; Families ; Health Effects ; Health, Monitoring and Evaluation ; Health, Nutrition and Population ; Hospital Admission ; Insomnia ; Mental ; Mental Health ; Migrants ; Migration ; People ; Refugees ; Anxiety ; Children ; Depression ; Families ; Health Effects ; Health, Monitoring and Evaluation ; Health, Nutrition and Population ; Hospital Admission ; Insomnia ; Mental ; Mental Health ; Migrants ; Migration ; People ; Refugees ; Anxiety ; Children ; Depression ; Families ; Health Effects ; Health, Monitoring and Evaluation ; Health, Nutrition and Population ; Hospital Admission ; Insomnia ; Mental ; Mental Health ; Migrants ; Migration ; People ; Refugees
    Abstract: People migrate to improve their well-being, whether through an expansion of economic and social opportunities or a reduction in persecution. Yet a large literature suggests that migration can be a stressful process, with potentially negative impacts on mental health, reducing the net benefits of migration. However, to truly understand the effect of migration on mental health one must compare the mental health of migrants to what their mental health would have been had they stayed in their home country. The existing literature is not able to do this and typically settles for comparing the mental health of migrants to that of natives in the destination country, which takes no account of any pre-existing differences between these groups. This paper overcomes the selection problems affecting previous studies of the effect of migration on mental health by examining a migrant lottery program. New Zealand allows a quota of Tongans to immigrate each year with a lottery used to choose among the excess number of applicants. A unique survey conducted by the authors in these two countries allows experimental estimates of the mental health effects of migration to be obtained by comparing the mental health of migrants who were successful applicants in the lottery to the mental health of those who applied to migrate under the quota, but whose names were not drawn in the lottery. Migration is found to lead to improvements in mental health, particularly for women and those with poor mental health in their home country
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  • 18
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    A Land of Milk And Honey With Streets Paved With Gold : Do Emigrants Have Over-Optimistic Expectations About Incomes Abroad ? (2007)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (34 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: McKenzie, David A Land of Milk And Honey With Streets Paved With Gold
    Keywords: Accurate Information ; Annual Income ; Bank ; Consumer ; Consumer Goods ; Demands ; Earnings ; Economic Theory and Research ; Education ; Finance and Financial Sector Development ; Financial Literacy ; Fiscal and Monetary Policy ; Health Systems Development and Reform ; Health, Nutrition and Population ; Household Income ; Income ; Income ; Incomes ; Information ; Labor Markets ; Labor Policies ; Macroeconomics and Economic Growth ; Money ; Population Policies ; Public Sector Development ; Remittances ; Social Protections and Labor ; Accurate Information ; Annual Income ; Bank ; Consumer ; Consumer Goods ; Demands ; Earnings ; Economic Theory and Research ; Education ; Finance and Financial Sector Development ; Financial Literacy ; Fiscal and Monetary Policy ; Health Systems Development and Reform ; Health, Nutrition and Population ; Household Income ; Income ; Income ; Incomes ; Information ; Labor Markets ; Labor Policies ; Macroeconomics and Economic Growth ; Money ; Population Policies ; Public Sector Development ; Remittances ; Social Protections and Labor ; Accurate Information ; Annual Income ; Bank ; Consumer ; Consumer Goods ; Demands ; Earnings ; Economic Theory and Research ; Education ; Finance and Financial Sector Development ; Financial Literacy ; Fiscal and Monetary Policy ; Health Systems Development and Reform ; Health, Nutrition and Population ; Household Income ; Income ; Income ; Incomes ; Information ; Labor Markets ; Labor Policies ; Macroeconomics and Economic Growth ; Money ; Population Policies ; Public Sector Development ; Remittances ; Social Protections and Labor
    Abstract: Millions of people emigrate every year in search of better economic and social opportunities. Anecdotal evidence suggests that emigrants may have over-optimistic expectations about the incomes they can earn abroad, resulting in excessive migration pressure, and in disappointment among those who do migrate. Yet there is almost no statistical evidence on how accurately these emigrants predict the incomes that they will earn working abroad. In this paper the authors combine a natural emigration experiment with unique survey data on would-be emigrants' probabilistic expectations about employment and incomes in the migration destination. Their procedure enables them to obtain moments and quantiles of the subjective distribution of expected earnings in the destination country. The authors find a significant underestimation of both unconditional and conditional labor earnings at all points in the distribution. This underestimation appears driven in part by potential migrants placing too much weight on the negative employment experiences of some migrants, and by inaccurate information flows from extended family, who may be trying to moderate remittance demands by understating incomes
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  • 19
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    Using The Global Positioning System In Household Surveys For Better Economics And Better Policy (2007)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (29 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: McKenzie, David Using The Global Positioning System In Household Surveys For Better Economics And Better Policy
    Keywords: Accessibility ; Air ; Aircraft ; Costs ; E-Business ; Externalities ; Health Monitoring and Evaluation ; Health, Nutrition and Population ; Infrastructure ; Policies ; Private Sector Development ; Railway ; Railway Lines ; Road ; Road Network ; Roads ; Roads and Highways ; Signals ; Training ; Transport ; Transport Economics, Policy and Planning ; Accessibility ; Air ; Aircraft ; Costs ; E-Business ; Externalities ; Health Monitoring and Evaluation ; Health, Nutrition and Population ; Infrastructure ; Policies ; Private Sector Development ; Railway ; Railway Lines ; Road ; Road Network ; Roads ; Roads and Highways ; Signals ; Training ; Transport ; Transport Economics, Policy and Planning ; Accessibility ; Air ; Aircraft ; Costs ; E-Business ; Externalities ; Health Monitoring and Evaluation ; Health, Nutrition and Population ; Infrastructure ; Policies ; Private Sector Development ; Railway ; Railway Lines ; Road ; Road Network ; Roads ; Roads and Highways ; Signals ; Training ; Transport ; Transport Economics, Policy and Planning
    Abstract: Distance and location are important determinants of many choices that economists study. While these variables can sometimes be obtained from secondary data, economists often rely on information that is self-reported by respondents in surveys. These self-reports are used especially for the distance from households or community centers to various features such as roads, markets, schools, clinics, and other public services. There is growing evidence that self-reported distance is measured with error and that these errors are correlated with outcomes of interest. In contrast to self-reports, the Global Positioning System (GPS) can determine almost exact location (typically within 15 meters). The falling cost of GPS receivers (typically below US
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  • 20
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    Measuring Microenterprise Profits : Don't Ask How The Sausage Is Made (2007)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (29 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Woodruff, Christopher Measuring Microenterprise Profits
    Keywords: Bank Policy ; Business Environment ; Business in Development ; Competitiveness and Competition Policy ; Debt Markets ; Developing countries ; Economic Theory and Research ; Finance and Financial Sector Development ; Financial support ; Fungible ; Living Standards ; Macroeconomics and Economic Growth ; Microenterprises ; Microfinance ; Private Sector Development ; Public Sector Development ; Returns ; Tax ; Trust Fund ; Bank Policy ; Business Environment ; Business in Development ; Competitiveness and Competition Policy ; Debt Markets ; Developing countries ; Economic Theory and Research ; Finance and Financial Sector Development ; Financial support ; Fungible ; Living Standards ; Macroeconomics and Economic Growth ; Microenterprises ; Microfinance ; Private Sector Development ; Public Sector Development ; Returns ; Tax ; Trust Fund ; Bank Policy ; Business Environment ; Business in Development ; Competitiveness and Competition Policy ; Debt Markets ; Developing countries ; Economic Theory and Research ; Finance and Financial Sector Development ; Financial support ; Fungible ; Living Standards ; Macroeconomics and Economic Growth ; Microenterprises ; Microfinance ; Private Sector Development ; Public Sector Development ; Returns ; Tax ; Trust Fund
    Abstract: A large share of the world's poor is self-employed. Accurate measurement of profits from microenterprises is therefore critical for studying poverty and inequality, measuring the returns to education, and evaluating the success of microfinance programs. But a myriad of problems plague the measurement of profits. The authors report on a variety of different experiments conducted to better understand the importance of some of these problems and to draw recommendations for collecting profit data. In particular, they (1) examine how far we can reconcile self-reported profits and reports of revenue minus expenses through more detailed questions; (2) examine recall errors in sales and report on the results of experiments which randomly allocated account books to firms; and (3) ask firms how much firms like theirs underreport sales in surveys like this, and have research assistants observe the firms at random times 15-16 times during a month to provide measures for comparison. The authors conclude that firms underreport revenues by about 30 percent, that account diaries have significant effects on both revenues and expenses but not on profits, and that simply asking profits provides a more accurate measure of firm profits than detailed questions on revenues and expenses
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  • 21
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    Returns To Capital In Microenterprises : Evidence From A Field Experiment (2007)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (37 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Woodruff, Christopher Returns To Capital In Microenterprises
    Keywords: Access to Finance ; Capital stock ; Debt Markets ; Developing countries ; Economic Theory and Research ; Equipment ; Finance and Financial Sector Development ; Investment and Investment Climate ; Investment opportunities ; Macroeconomics and Economic Growth ; Market Interest Rate ; Micorenterprises ; Microfinance ; Microfinance ; Productive Investment ; Return ; Returns ; Access to Finance ; Capital stock ; Debt Markets ; Developing countries ; Economic Theory and Research ; Equipment ; Finance and Financial Sector Development ; Investment and Investment Climate ; Investment opportunities ; Macroeconomics and Economic Growth ; Market Interest Rate ; Micorenterprises ; Microfinance ; Microfinance ; Productive Investment ; Return ; Returns ; Access to Finance ; Capital stock ; Debt Markets ; Developing countries ; Economic Theory and Research ; Equipment ; Finance and Financial Sector Development ; Investment and Investment Climate ; Investment opportunities ; Macroeconomics and Economic Growth ; Market Interest Rate ; Micorenterprises ; Microfinance ; Microfinance ; Productive Investment ; Return ; Returns
    Abstract: Small and informal firms account for a large share of employment in developing countries. The rapid expansion of microfinance services is based on the belief that these firms have productive investment opportunities and can enjoy high returns to capital if given the opportunity. However, measuring the return to capital is complicated by unobserved factors such as entrepreneurial ability and demand shocks, which are likely to be correlated with capital stock. The authors use a randomized experiment to overcome this problem and to measure the return to capital for the average microenterprise in their sample, regardless of whether they apply for credit. They accomplish this by providing cash and equipment grants to small firms in Sri Lanka, and measuring the increase in profits arising from this exogenous (positive) shock to capital stock. After controlling for possible spillover effects, the authors find the average real return to capital to be 5.7 percent a month, substantially higher than the market interest rate. They then examine the heterogeneity of treatment effects to explore whether missing credit markets or missing insurance markets are the most likely cause of the high returns. Returns are found to vary with entrepreneurial ability and with measures of other sources of cash within the household, but not to vary with risk aversion or uncertainty
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  • 22
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    Migration, remittances, poverty, and human capital : conceptual and empirical challenges (2007)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (16 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Sasin, Marcin J Migration, remittances, poverty, and human capital
    Keywords: Government policies ; Health Monitoring and Evaluation ; Health, Nutrition and Population ; Human Capital ; Impact of migration ; International migration ; Migration ; Migration data ; Policy Research ; Policy Research Working Paper ; Population Policies ; Practitioners ; Remittances ; Government policies ; Health Monitoring and Evaluation ; Health, Nutrition and Population ; Human Capital ; Impact of migration ; International migration ; Migration ; Migration data ; Policy Research ; Policy Research Working Paper ; Population Policies ; Practitioners ; Remittances ; Government policies ; Health Monitoring and Evaluation ; Health, Nutrition and Population ; Human Capital ; Impact of migration ; International migration ; Migration ; Migration data ; Policy Research ; Policy Research Working Paper ; Population Policies ; Practitioners ; Remittances
    Abstract: This paper reviews common challenges faced by researchers interested in measuring the impact of migration and remittances on income, poverty, inequality, and human capital (or, in general, "welfare") as well as difficulties confronting development practitioners in converting this research into policy advice. On the analytical side, the paper discusses the proper formulation of a research question, the choice of the analytical tools, as well as the interpretation of the results in the presence of pervasive endogeneity in all decisions surrounding migration. Particular attention is given to the use of instrumental variables in migration research. On the policy side, the paper argues that the private nature of migration and remittances implies a need to carefully spell out the rationale for interventions. It also notices the lack of good migration data and proper evaluations of migration-related government policies. The paper focuses mainly on microeconomic evidence about international migration, but much of the discussion extends to other settings as well
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  • 23
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    Voices of Women Entrepreneurs in Tanzania (2007)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Investment Climate Assessment
    Series Statement: World Bank E-Library Archive
    Abstract: The Government of Tanzania is committed to supporting women entrepreneurs with both policy and practical support. The Government of Tanzania has made impressive strides in supporting women entrepreneurs, and its policies reflect a commitment to advancing women. The Ministry of Industry, Trade, and Marketing, which commissioned this report, has established special initiatives to reach out to women, and government supported organizations such as the Small Industries Development Organization (SIDO) have been working to empower women entrepreneurs through training and access to credit. One crucial recommendation is to improve women's access to finance by encouraging existing commercial banks to establish gender-sensitive programs and lines of credit for women entrepreneurs. To improve women's access to trade, the report recommends implementing gender analysis in the formulation of trade and economic growth policies, and providing training for women entrepreneurs on international buyer requirements and other relevant information, to facilitate their exports to international markets. For more publications on IFC Sustainability please visit www.ifc.org/sustainabilitypublications
    DOI: 10.1596/25927
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  • 24
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    Agua, Electricidad y Pobreza : Quien Se Beneficia de los Subsidios a Los Servicios Publicos (2006)
    Washington, D.C : The World Bank
    Details
    Language: Spanish
    Pages: 1 Online-Ressource (318 p)
    Series Statement: Directions in Development
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als
    Abstract: Si bien los subsidios a usuarios de servicios publicos son comunes tanto en el sector de agua como en el de electricidad, su eficacia para alcanzar y distribuir recursos a las personas mas pobres es objeto de amplio debate. Esta publicacion reune pruebas empiricas sobre el desempeno de los subsidios en diversos paises. El texto pone en evidencia la preponderancia de los subsidios a los usuarios, ofrece una tipologia de las muchas variantes que existen en el mundo en desarrollo y presenta varios indicadores utiles para evaluar la medida en la cual esos subsidios benefician a los pobres, con un enfoque en tres conceptos clave: incidencia en el beneficiario, incidencia del beneficio y valor material. Los hallazgos sobre el desempeno de los subsidios seran de utilidad para los encargados de formular politicas y para los profesionales del sector, quienes contemplan la posibilidad de introducir los subsidios, eliminarlos o modificarlos, y para aquellos que consideran que los subsidios a los usuarios de servicios publicos representan un instrumento de proteccion social
    DOI: 10.1596/978-9-5897-8601-7
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  • 25
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    Guidance for Supervisory Board Members of Banks (2006)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Financial Accountability Study
    Series Statement: World Bank E-Library Archive
    Abstract: This manual, for present and prospective Supervisory Board (SB) members of non-complex banks, is intended to provide a guide to international best practice. It is designed to help SB in a practical way attend and maintain high standard of internal governance. This manual provides an overview. SB members are advised to familiarize themselves with the scope of the relevant legislation as they may be personally liable for breaches of certain provisions. This manual gives SB members fundamental understanding of their tasks. For more publications on IFC Sustainability please visit www.ifc.org/sustainabilitypublications
    DOI: 10.1596/25993
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