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  • World Bank Group  (213)
  • Washington, D.C : The World Bank  (213)
  • Social Protections and Labor  (116)
  • Fiscal and Monetary Policy  (71)
  • Inequality
  • 1
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    Online Resource
    Lao PDR Fiscal Incidence Analysis - Raising the Bar : Toward an Equitable and Inclusive Fiscal Policy (2024)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Financial Sector Study
    Keywords: Equity ; Fiscal and Monetary Policy ; Fiscal Interventions ; Fiscal Policy ; Macroeconomics and Economic Growth ; Policy Reforms
    Abstract: The Lao People's Democratic Republic (Laos) is facing economic challenges. The country is experiencing a growth slowdown with high levels of public debt. Growing current expenditure and debt service obligations amid sluggish tax revenue led to a widening fiscal deficit in the early 2010s, which remained high into the 2020s despite fiscal consolidation efforts. COVID-19 and deteriorating macroeconomic conditions have disrupted human capital investment and are expected to have worsened the incidence of poverty and inequality. Fiscal policy can be an instrument to address these challenges, but its role has been constrained by a precarious fiscal position. This report analyzes the distributive effects of the Lao fiscal system and potential reforms to address current economic challenges. The analysis adopts the Commitment to Equity (CEQ) methodology to assess the distributional impact of the Lao fiscal system on household welfare. The methodology disaggregates income to include or exclude fiscal interventions to analyze the impact of the fiscal system and each intervention on poverty and inequality. Fiscal interventions can be classified into three categories according to how they are imposed on households: direct interventions (direct taxes, social security contributions, and cash transfers), indirect interventions (indirect taxes and subsidies), and in-kind interventions (public health and education). The framework assesses how progressive a fiscal system and each fiscal intervention are and measures their impacts on poverty and inequality
    DOI: 10.1596/40815
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    MPI Ethno. Forsch.
  • 2
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    Online Resource
    Extremely Severe Cyclonic Storm Mocha, May 2023, Myanmar : Global Rapid Post-Disaster Damage Estimation (GRADE) Report (2024)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Risk and Vulnerability Assessment
    Keywords: Cyclonic Storm ; Environment ; Grade Methodology ; Natural Disasters ; Rakhine State ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: Extremely severe cyclonic storm Mocha made landfall as a Category 4-equivalent cyclone in the Saffir-Simpson hurricane wind scale on Sunday May 14, 2023, at 07:07 UTC (14:07 local time) around Sittwe city, the capital of Rakhine State, Myanmar. Given the fragile and conflict-affected situation with limited access in Myanmar, the World Bank has adopted the Global RApid post-disaster Damage Estimation (GRADE) methodology to estimate damages arising from Cyclone Mocha. GRADE is a remote, desktop analysis to estimate damage to capital stock. This report summarizes the results of the GRADE conducted to assess damages following the impact of Extremely severe cyclonic storm Mocha in Myanmar during May 2023
    DOI: 10.1596/40921
    URL: Deutschlandweit zugänglich
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    MPI Ethno. Forsch.
  • 3
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    Bridging the Gap : Inequality and Jobs in Thailand (2024)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Employment ; Inclusive Society ; Income Inequality ; Labor Markets ; Social Protections and Assistance ; Social Protections and Labor ; Structural Drivers ; Wage
    Abstract: This report is intended to inform public debate and policymaking on income inequality in Thailand. It aims to provide a comprehensive analysis of income inequality in Thailand and identify opportunities to promote more inclusive growth. The analysis uses a wealth of data from a variety of sources (detailed in Appendix A) to examine the pattern, structure, and drivers of income inequality in the country, with a special focus on inequality and labor market supply-side factors. It is structured as follows. This section has laid the foundation for analysis, examining historical trends in both consumption - and income-based measures of inequality while providing geographic context and data on public perceptions about inequality. It also provided a summary of literature findings. Section 2 analyzes the pandemic's impacts on inequality, including the role that social assistance played in mitigating its effects but also the potential scarring effects on children's human capital development. Section 3 examines the structural drivers of inequality and its persistence, focusing on the role of inequality of opportunity in human capital development and access to basic services. Finally, Section 4 provides policy options to create a more inclusive society by addressing the root causes of persistent inequality and mitigating the challenges brought about by the pandemic. In particular, since a significant share of the poor in Thailand are engaged in agriculture, the report underscores that improving farm incomes is crucial for alleviating poverty and reducing inequality. As such, Section 4 draws its recommendations from a recent study on the key challenges and opportunities facing Thai farmers to raise agricultural productivity and incomes
    DOI: 10.1596/40878
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  • 4
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    Maldives Human Capital Review : Unleashing People's Full Potential (2024)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Social Analysis
    Keywords: Access and Equity in Basic Education ; Access To Education ; Agriculture ; Climate Change Impact ; Covid-19 Impact ; Education ; Food Security ; Health Service Management and Delivery ; Health, Nutrition and Population ; Human Capital Accumulation and Utilization ; Inclusive Development ; Long-Term Economic Growth ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: This report is undertaken as a part of the Human Capital Project (HCP), a globalinitiative of the World Bank Group that aims to increase governments' awarenessof the importance of investing in people (World Bank date of publication not identifiedb). One of the maincomponents of the HCP is a cross-country metric--the Human Capital Index (HCI). The HCI estimates the amount of human capital a child born today can expect to accumulate by the age of 18, thus highlighting how current health and education outcomes shape the work productivity of the next generation. Moreover, given the cumulative nature of human capital, the HCI has clear milestones across the entire human life cycle: at birth, children need to survive; during childhood, they need to be well-nourished; at school age, they must complete all schooling and active adequate learning levels; and in adulthood, they need to stay in good health. Finally, the HCI includes a result: a score that ranges from 0 to 1. A country where an average child has virtually no risk of being stunted or dying before age five, receives high-quality education, and becomes a healthy adult, would have an HCI close to 1. Conversely, when the risk of being ill-nourished or prematurely dying is high, access to education is limited, and the quality of learning is low, the HCI would approach zero
    DOI: 10.1596/40944
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  • 5
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    Mauritania Human Capital Review : Building, Utilizing, and Protecting Human Capital for Inclusive and Resilient Economic Development (2024)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Social Analysis
    Keywords: Early Childhood ; Economic Growth ; Human Capital ; Human Capital Protection ; Macroeconomics and Economic Growth ; Social Protections and Assistance ; Social Protections and Labor ; Strengths and Gaps
    Abstract: This human capital review assesses human capital outcomes in Mauritania and identifies actions to strengthen, utilize, and protect human capital. The government of Mauritania has demonstrated a strong commitment to placing human capital at the forefront of its long-term vision, with dedicated efforts focused on enhancing childhood health and education outcomes. Despite Mauritania's positive initiatives, the country's human capital wealth per capita has declined over the last 20 years; and it is imperative to look at ways to quickly reverse this situation. Children born today in Mauritania will only be 38 percent as productive when they grow up as they could have been had they enjoyed complete education and full health. Increasing the productivity of Mauritanians--both men and women--and thus allowing them to fully contribute to the development of their society entails transforming the human capital challenge to a human capital opportunity. This report takes a comprehensive, cross-sectoral approach and proposes recommendations for building, protecting, and utilizing human capital in Mauritania
    DOI: 10.1596/40929
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  • 6
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    Comprehensive Assessment of the Childcare Landscape in Lebanon : A Mixed Methods Study (2024)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Childcare ; Early Childhood Development ; Education ; Legal Framework ; Policies ; Services Mapping ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: The "Comprehensive Assessment of the Childcare Landscape in Lebanon: A Mixed Methods Study" analyzes the supply and demand of formal childcare services for children aged 0-3. It provides a review of Lebanon's regulatory and institutional framework around childcare, maps out the current supply of services including cost and quality aspects, and deepens the understanding of households' childcare needs. Findings show that there is a mismatch between supply and demand, with a gap in provision for the youngest children and that supply is mostly private, costly, and concentrated in coastal areas. Childcare responsibilities limit women's ability to join the labor force, and affordability is a main constraint for families to access services, resulting in low demand for formal childcare. The study proposes measures for an inclusive expansion of quality and affordable childcare services in four areas: (i) an enabling environment for efficient, affordable provision of quality childcare services, (ii) a more equitable distribution of the unpaid care work burden within the household, (iii) improved State support to address households' care needs, and (iv) inclusive family-friendly workplace conditions in the private sector
    DOI: 10.1596/40845
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  • 7
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    World Bank Support to Jobs and Labor Market Reform through International Development Association Financing : A First-Stage Evaluation (2024)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: IEG Independent Evaluations and Annual Reviews
    Keywords: Finance and Development ; Finance and Financial Sector Development ; Financial Support ; IDA ; Jobs ; Labor Markets ; Reform ; Social Protections and Labor
    Abstract: This evaluation is the first stage of the Independent Evaluation Group's assessment of the World Bank's support for more, better, and more inclusive jobs through International Development Association (IDA) financing, and it assesses the implementation of IDA-supported interventions directly supporting its jobs objectives across the three Replenishment cycles from fiscal years 2015 to 2022. Supporting the creation of more, better, and more inclusive jobs is critical towards achieving the goals of poverty reduction and shared prosperity in countries. This is especially true for countries that are eligible for International Development Association (IDA) financing. Since 2014, IDA has included jobs as a special theme, and subsequent IDA replenishments have had what this evaluation calls an 'IDA jobs strategy.' This strategy included explicit objectives, a series of policy commitments to achieve them, and results indicators to track them. This evaluation represents the first stage of the Independent Evaluation Group's assessment of the World Bank's performance in supporting more, better, and more inclusive jobs through IDA financing. It assesses the implementation of IDA-supported interventions that directly supported its jobs objectives across the three Replenishment cycles from fiscal years 2015 to 2022. The evaluation answers two questions: (i) To what extent IDA's strategy on jobs was grounded in sound analytics, adaptive, and operationally relevant (ii) To what extent the strategy has been translated into relevant and effective jobs interventions that directly address the objectives of more, better, and more inclusive jobs The scope of the evaluation is limited to the three main channels for achieving IDA jobs objectives: acting on labor demand, increasing labor supply, and improving labor market flexibility and geographic mobility. The report offers recommendations for further strengthening of the IDA jobs agenda towards the objective of supporting more, better, and more inclusive jobs
    DOI: 10.1596/40885
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  • 8
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    South Sudan Economic Monitor : Investing in Humans (2024)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Economic Growth ; Financial Sector ; Fiscal and Monetary Policy ; Food Security ; Inflation ; Macroeconomics and Economic Growth ; Monetary Policy ; Real Sector
    Abstract: Notwithstanding slower global growth and lingering impacts of recent catastrophic floods, private sector activity, outside the oil sector, has been supported by a relative return to peace, and higher government spending. Nevertheless, the economy is estimated to have contracted by 0.4 percent in FY23/24, reflecting drags from oil production. Supported by a successful exchange rate liberalization, inflation averaged -3.2 percent in 2022 and around 3 percent in the first nine months of 2023. Monetary policy has tightened in recent months, but it remains imperative that the central bank refrain from financing the fiscal deficit. The FY23/24 budget projects a smaller financing gap of about 13 percent of budget expenditures comparedto previous years. However, financing vulnerabilities remain high because of limited fiscal and external liquidity buffers and limited debt-carrying capacity
    DOI: 10.1596/40856
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  • 9
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    Lao PDR 2023 - Forging Ahead : Restoring Stability and Boosting Prosperity (2024)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Keywords: Finance and Financial Sector Development ; Fiscal and Monetary Policy ; Macroeconomic Performance ; Macroeconomics and Economic Growth ; Public and Municipal Finance ; Public Expenditure ; Public-Private Partnership ; Revenue Mobilization ; State-Owned Enterprises (SOEs)
    Abstract: The Lao PDR is facing unprecedented macroeconomic challenges, which jeopardize hard-won development gains. Over the past two decades, the country attracted considerable foreign investment and fostered regional integration, which contributed to a long period of high economic growth. Many human development indicators improved during the period 2000-2019, including child and maternal mortality, school enrolment, income poverty, and gender equity. However, economic growth was predominantly driven by large-scale investments in capital intensive sectors, such as mining and hydropower, which created few jobs and entailed environmental costs. Moreover, many public investments were financed by external debt, gradually jeopardizing debt sustainability and macroeconomic stability. Long-standing structural vulnerabilities have been exacerbated by the impacts of the COVID-19 pandemic and adverse global macroeconomic conditions. Since 2021, the national currency has depreciated considerably, and inflation soared. This has had a large negative impact on living standards, with many households struggling to cope. Meanwhile, limited spending on education, health, and social protection is undermining human capital and thus economic growth prospects. Significant debt pressures, especially short-term external liquidity constraints, have pushed the country into debt distress. This Public Finance Review identifies priority reforms to restore macroeconomic stability and boost prosperity. The objective of this review is to assess recent macro-fiscal performance, evaluate emerging fiscal risks, and propose policy reforms to secure fiscal sustainability, restore macroeconomic stability, and promote shared prosperity. This report is comprised of five chapters covering the main aspects of fiscal management: chapter 1 evaluates recent macroeconomic performance while placing fiscal policy in the broader macroeconomic context. Chapter 2 assesses domestic revenue mobilization efforts and scope for reforms to enhance tax collection. Chapter 3 investigates the size and composition of public expenditure, as well as measures to increase its efficiency and effectiveness. Chapter 4 discusses reforms of state-owned enterprises with a view to improving their financial performance, operational management, and corporate governance. Chapter 5 documents the experience with public-private partnerships and provides recommendations to maximize value for money and reduce fiscal risks
    DOI: 10.1596/40861
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  • 10
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    People and Plastics : The Profile, Vulnerabilities, and Role of Informal Waste Workers in Addressing Marine Plastics Pollution (2024)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Asean Region ; Informal Waste Workers ; IWW ; Livelihood Models ; Marine Plastic Waste ; Social Protections and Assistance ; Social Protections and Labor ; Vulnerabilities ; Work and Working Conditions
    Abstract: The present study focuses on a particular group of actors along the plastics collection and recycling value chain--informal waste workers (IWWs)--on whom limited information has been collected at the country level. Specifically, the study examines two questions: (i) what is the profile and vulnerabilities of informal waste workers in the three countries including gender-specific vulnerabilities; and (ii) what livelihood opportunities and community-based innovation models have been piloted in the selected countries, and can be used as case study examples in future policies and interventions, with the objectives of reducing vulnerability of IWWs and contributing to improving solid waste management and recycling value chains
    DOI: 10.1596/41193
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  • 11
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    Central America Human Capital Review : Promoting More and Better Investments in Human Capital (2024)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Education ; Education For All ; Employment ; Employment and Unemployment ; Human Capital ; Poverty ; Poverty Reduction ; Skills Development and Labor Force Training ; Social Protections and Labor ; UMI Countries
    Abstract: This Human Capital Review aims to provide analytical foundations in the support of policies that improve human capital outcomes for the following four UMI countries in Central America: Costa Rica, Guatemala, Panama, and the Dominican Republic. The objective of this report is to identify the key constraints to human capital growth and understand how education and labor market policies can foster a resilient recovery, promote inclusive growth, and contribute to poverty reduction in these countries. The review also estimates the impact of the COVID-19 pandemic on human capital outcomes using a multi-sectoral approach. The analysis compares human capital outcomes in the decade before the COVID-19 pandemic (2010-2019) against trends during the pandemic (2020-2021). Lastly, the report focuses on these four countries, which are the only UMI in Central America to take advantage of new data collected during the pandemic, which allowed to quantify some of the impacts of COVID-19 and understand some of their long-term implications for human development outcomes
    DOI: 10.1596/41181
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  • 12
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    The Global State of Financial Inclusion and Consumer Protection (2024)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Financial Sector Study
    Keywords: Consumer Protection ; Consumer Protection Law ; Corruption and Anticorruption Law ; Finance and Development ; Finance and Financial Sector Development ; Financial Capability ; Financial Consumer Protection ; Law and Development ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: The 2022 Global State of Financial Inclusion and Consumer Protection (FICP) Report is an update to the 2013 and 2017 FICP reports. These surveys aim to provide a timely source of global data to benchmark efforts by financial sector authorities to improve the enabling environment for financial inclusion and consumer protection. To date, this is the only longitudinal and global survey of this nature. As such, this report serves as a valuable resource to shape the World Bank's country engagements, a reference document for regulators and supervisors and, finally, a tool for both public and private sector actors with an interest in knowing the developments in this sector. The Survey questionnaire covers key topics related to financial inclusion and financial consumer protection (FCP) and aligns with international guidance to financial sector authorities in these areas. Because the report aims to capture both a snapshot as well as trends over time, the survey questionnaire has been modified over the three cycles to reflect the changing policy and regulatory landscape of financial inclusion and consumer protection
    DOI: 10.1596/41250
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  • 13
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    Sierra Leone Human Capital Review : Maximizing Human Potential for Resilience and Inclusive Development (2024)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Demographics ; Early Childhood Development ; Education ; Fetal and Maternal Health ; Food and Nutrition Policy ; Gender ; Gender and Poverty ; Government Financing ; Health, Nutrition and Population ; Human Capital ; Mortality ; Nutrition Services ; Pregnancy ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: This Human Capital Review (HCR) report presents an in-depth analysis of human capital indicators throughout a person's lifetime, from in utero to productive aging. By examining the various stages of human capital accumulation, the report aims to provide accurate recommendations for specific groups in Sierra Leone. Thus, the report disaggregates data whenever possible. It relies on an extensive consultative process involving various stakeholders such as Government counterparts, development partners, teachers, adolescent girls, students, private sector representatives, and local representatives. The consultation process followed a Problem-Driven Iterative Adaptation (PDIA) approach, which facilitates the identification and resolution of problems by local leadership. In addition, this report aims to inform the design and implementation of human capital reforms that will respond to specific challenges identified in the report
    DOI: 10.1596/41188
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  • 14
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    More, Better, and Inclusive Jobs in Kazakhstan : Social Protection and Jobs Europe and Central Asia - Analytical Report (2024)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Data Development and Gender ; Economic Growth ; Employment and Unemployment ; Human Development and Gender ; Labor Market Policy and Programs ; Macroeconomics and Economic Growth ; Poverty Reduction ; Social Development and Poverty ; Social Protection Delivery Systems ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: The following analytical report summarizes the technical notes and presentations prepared by the World Bank and the Workforce Development Center under the Ministry of Labor and Social Protection of Population of Kazakhstan (MLSPP). These works aimed to support the MLSPP in the preparation of the Concept Plan of Labor Market Development for 2024-2029. The teams analyzed existing barriers and the potential for the creation of quality jobs in Kazakhstan because employment is essential for economic growth, which contributes to reducing poverty. Despite slower economic growth and some institutional challenges, Kazakhstan, nevertheless, has been successful at reducing the poverty rate. The major factor contributing to Kazakhstan's growth has been productivity, regardless of the period. A much lower contribution stems from labor market factors and employment rates. Therefore, the teams focused on how to boost firm productivity to increase the number and accessibility of better jobs, as well as how to develop skills and provide good education to the different groups of the population and prepare people for new and old jobs. Based on the material delivered by the World Bank, the WDC and other local expert groups, the MLSPP was able to draft the Concept Plan of Labor Market Development for 2024-2029, which the Government of Kazakhstan approved on November 28, 2023
    DOI: 10.1596/41222
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  • 15
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    Nepal Crisis Preparedness Gap Analysis : Technical Annex (2024)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Risk and Vulnerability Assessment
    Keywords: Access To Finance ; CPGA ; Environment ; Finance and Financial Sector Development ; Financial Preparedness ; Natural Disasters ; Primary Response ; Risk ; Social and Livelihood Support ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: Crisis preparedness is cral to preventing shocks from becoming crises. Investments in ex ante preparedness are especially relevant in countries like Nepal that face high levels of exposure and vulnerability to a range of risks. In seeking to identify opportunities to strengthen the Government of Nepal's (GoN's) capacity to prepare for crisis events in an effective and timely manner, this Technical Annex presents findings from the application of the Crisis Preparedness Gap Analysis (CPGA) diagnostic in the country. It provides details on findings and entry points across the five componnts of crisis preparedness. For a summary, please refer to the accompanying CPGA Nepal Briefing Note. Following a brief description of the CPGA methodology, the Technical Annex presents a summary of findings from each CPGA component alongside identification of entry points and opportunities to strengthen crisis preparedness in the country. To provide a holistic assessment of preparedness, the CPGA focuses on five core components of crisis preparedness. These are (i) Legal and Institutional Foundations, (ii) Understanding and Monitoring Risks, (iii) FinancialPreparedness, (iv) Primary Response, and (v) Social and Livelihood Support
    DOI: 10.1596/41192
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  • 16
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    ESG Integration at the Government Pension Fund of Thailand (2024)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Equitable Growth, Finance and Institutions Insight
    Keywords: Access To Finance ; ESG Integration ; Finance and Financial Sector Development ; Government Pension Fund ; Investments ; Pension Funds ; Pensions and Retirement Systems ; Social Funds and Pensions ; Social Protections and Labor
    Abstract: This report describes the ESG integration practices at GPF as a practical example of how a pension fund can integrate ESG considerations into its investment practices and processes. The report focuses on the incorporation of ESG issues into our investment analysis and decision-making process. Other elements of responsible investing such as active ownership and ESG disclosure practices whilst also key to GPF's overall approach, are not discussed in detail in this report. The report is a product of technical co-operation between teams from GPF and the World Bank. The report starts by providing some background information on GPF, including its investment philosophy and an overview of ESG investment philosophy before detailing the GPF ESG Score methodology. It then describes how the GPF ESG Score methodology is applied to equity and fixed-income investments, followed by an overview of how GPF ensures that ESG considerations are integrated into the selection, appointment and monitoring of external managers. It concludes with some reflections on the landscape of responsible investment and identifies areas where GPF expects to improve its investment process in the coming years
    DOI: 10.1596/41329
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  • 17
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    Syria Earthquake 2023 : Rapid Damage and Needs Assessment (RDNA) (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Risk and Vulnerability Assessment
    Keywords: Earthquake ; Environment ; Infrastructure Economics and Finance ; Infrastructure Finance ; Macroeconomic Impact ; Natural Disasters ; Recovery and Reconstruction ; Social Protections and Assistance ; Social Protections and Labor ; Socioeconomic Impact ; Syria
    Abstract: Following the magnitude (Mw) 7.8 Turkiye-Syria Earthquake on February 6, 2023, and the (Mw) 6.3 earthquake on February 20, 2023, the World Bank launched the Syria Rapid Damage and Needs Assessment (RDNA). The objective of the RDNA is to estimate the impact of the earthquake on physical assets and service delivery in the most affected areas. The RDNA covers six governorates with roughly 10million inhabitants, with an in-depth analysis of nine cities. It provides preliminary estimates to rebuild infrastructure and restore service delivery, and general guiding principles for recovery and building back better, focusing on early recovery (0-12 months) and short-term needs (1-3 years). The RDNA also analyses the macroeconomic and socioeconomic impacts of the earthquake to anticipate repercussions on the economic outlook and on the population's well-being. This RDNA contributes to the understanding of the impactof the earthquake on Syria. While the RDNA focuses on the damages incurred by the earthquake, the compounding effect of the pre-existing damages caused by the conflict are reflected in the pre-earthquake baseline. The RDNA follows a globally established and recognized damage, loss, and needs assessment methodology developed by the World Bank Group (WBG), the European Union (EU), and the United Nations (UN). This methodology has been applied globally in post-disaster and conflict contexts to inform recovery and reconstruction planning. Prior to this RDNA, the World Bank Group conducted six assessments to provide information on the effects of the ongoing conflict on population, physical infrastructure, and quality of service delivery
    DOI: 10.1596/39610
    URL: lizenzpflichtig
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  • 18
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    Honduras Public Expenditure Review : Strengthening Fiscal Resilience (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Keywords: Civil Service Reform Roadmap ; Conflict and Development ; Fiscal and Monetary Policy ; Fiscal Balance ; Fiscal Risk ; Government Revenue Composition ; Macro-Fiscal Development ; Macroeconomics and Economic Growth ; Post Conflict Reconstruction ; Public Expenditure Review ; Public Wage Bill ; Social Development ; Social Risk Management
    Abstract: Honduras remains one of the poorest and most unequal countries in the Western Hemisphere. Structural exposure to external shocks and natural hazards go hand in hand with high levels of crime, political instability, and a weak institutional and business environment. These problems have undermined the country's competitiveness and economic diversification, propelled emigration, and slowed progress toward raising incomes, reducing poverty, and tackling exclusion. Vulnerability to external shocks, natural hazards, and fiscal risks constitute important development challenges. The compound effect of the pandemic and two hurricanes in 2020 underscored the fragility of economic and poverty gains, and Honduras's exposure to potential reversals. Substantial fiscal risks coupled with insufficient risk management and inefficient and rigid public spending constrain the country's capacity to respond efficiently and effectively to shocks. The crucial challenge faced by Honduran policy makers is to reinforce fiscal resilience to achieve, to protect, and to sustain income and poverty gains. This Public Expenditure Review (PER) considers key fiscal challenges faced by policy makers to strengthen fiscal resilience and sustainability: significant fiscal risks and the high public wage bill
    DOI: 10.1596/39727
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  • 19
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    Building Better Formal TVET Systems : Principles and Practice in Low- and Middle-Income Countries (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Education Study
    Keywords: Education ; Education Reform and Management ; Evolving Skills ; Labor Markets ; Low-Income Countries ; Middle-Income Countries ; Social Protections and Labor ; Technical and Vocational Education and Training ; TVET
    Abstract: Reform of formal technical and vocational education and training (TVET) is urgently needed in most low- and middle-income countries. Demographic trends, coupled with higher rates of students completing lower levels of education, can lead to an exponential increase in the number of secondary TVET students in the next 20 years, particularly in low-income countries (LICs). However, there are significant risks attached to expanding a system that is often considered a second-tier educational track and to which challenged learners are often directed. Because of a broken link between TVET systems and labor markets in low- and middle-income countries (LICs and MICs, together: L/MICs), TVET cannot deliver on its promise. The urgency is compounded by megatrends associated with globalization, technological progress, demographic transformation, and climate change, which affect both skills demand and the distribution of economic opportunities. This report offers guidance to policymakers designing and implementing TVET reforms, emphasizing core principles and practical considerations for L/MICs. There is much to be learned from recent L/MIC reform experiences like those in Bangladesh, El Salvador, and Mongolia, about identifying effective reform strategies and the likely impact of megatrends on future demand for TVET. The report focuses on secondary and post-secondary non-tertiary formal TVET, defined as TVET obtained within the formal education system that leads to diplomas, degrees, or other formal certifications. This overview, summarizing the main messages from the report, has three parts. The first, the TVET Promise, looks at the potential of TVET systems to deliver access to equitable, quality, and relevant training and contribute to employment and productivity. The second, the TVET Challenge, articulates the main limitations in practice for L/MIC TVET systems. The third, the Way Forward to Better TVET, proposes three interrelated transformations (three E's) and six policy priorities to help TVET deliver on its promise in L/MICs
    DOI: 10.1596/40072
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    West Bank and Gaza Public Expenditure Review - The Palestinian Pension System : A Roadmap for an Unfinished Reform (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2109
    Keywords: Palestinian Pension Agency ; Pension System ; Pensions and Retirement Systems ; PER ; SIAD ; Social Funds and Pensions ; Social Insurance Administrative Diagnostic ; Social Protections and Labor
    Abstract: This work builds on the Public Expenditure Review (PER) analysis of the pension system conducted in 2016 but also brings important innovations. It updates the financial analysis conducted then and offers new policy recommendations, with the key objective of improving the affordability of the pension system, subject to benefit adequacy. The principal difference of this work is in the adopted approach, which looks at the pension system holistically and offers advice from the angle of rationalizing the overall public expenditure policy in pensions, rather than working with each pension scheme individually. In doing so, it takes a forward-looking approach and minimizes the dependency path of the convoluted legacy system. The work also incorporates a component that looks at the Palestinian Pension Agency's (PPA) administrative systems using a new Bank tool - Social Insurance Administrative Diagnostic (SIAD). The findings reveal a system with unfinished reforms and call for a comprehensive restructuring of the pension financing arrangements, along with a change of the construct of the system. This work is largely diagnostic in nature, offering high level policy recommendations and suggesting a comprehensive follow up analysis. While presenting a status quo analysis and illustrating effects of several parametric adjustments, the main set of recommendations is centered around the structural adjustments and financial restructuring in the public sector pension scheme, which would require a round of follow up work, elaborating and modeling various reform cases, including careful fine-tuning of the transitional provisions
    DOI: 10.1596/40360
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    Algeria Economic Update, Fall 2023 : Continuing the Diversification Effort (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2193
    Keywords: Economic Forecasting ; Energy ; Fiscal and Monetary Policy ; Fiscal Deficit ; Macroeconomics and Economic Growth ; Natural Gas ; Nonhydrocarbon ; Oil and Gas ; Oil Price
    Abstract: Algeria's GDP recovered to its pre-pandemic level in 2022, while high oil and gas prices allowed for marked improvements in its external and fiscal balances. The recovery continued during the first half of 2023, albeit at a slower pace, supported by nonhydrocarbon activity and investment. Oil and natural gas prices and exports declined in H1-2023, adding pressure on external and fiscal balances. Inflation remained elevated, reaching 9.7 percent in H1-2023, now driven by fresh food prices, mostly produced domestically. Growth is expected to recover in 2024 and 2025, while the fiscal and external balances would stabilize after an initial drop. The macroeconomic outlook hinges on volatile hydrocarbon prices, and the regional context underscores the reality of the climate risks to which Algeria is also exposed. These risks underscore the importance of sustainably improving macroeconomic balances, while continuing efforts to foster private sector-led investment, growth, and diversification. Diversifying export revenues away from hydrocarbons and attracting foreign investment would improve Algeria's resilience to oil and gas price fluctuations. On the fiscal front, higher spending rigidity contrasts with volatile hydrocarbon revenues, generating significant uncertainty. This underlines the need to raise more tax revenues and strengthen spending efficiency in an equitable way, notably that of public investment. Consistent with the 2021 Government Action Plan, continued implementation of reforms to stimulate private sector to become the engine of sustainable and diversified growth remains essential to the performance and resilience of the Algerian economy
    DOI: 10.1596/40587
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    Armenia Public Expenditure Review : Improving Spending Efficiency (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2109
    Keywords: Capital Spending ; Finance and Financial Sector Development ; Fiscal and Monetary Policy ; Macro-Fiscal Policy ; Macroeconomics and Economic Growth ; Public and Municipal Finance ; Public Health Spending ; Social Protection ; Universal Health Insurance
    Abstract: Armenia's fiscal performance has improved during the past two decades, supported by reforms. Revenue collection has converged with income and regional peers, overall spending levels have remained prudent, and debt levels remain sustainable. Fiscal policy has been counter-cyclical and progressive but has had a limited impact on economic growth. Spending efficiency is a key area of concern. Expenditure efficiency in areas such as infrastructure, road transport, health, and education are significantly behind the global efficiency frontier. The fiscal implications associated with the policy proposals in the 2021-2026 government program are significant. How can fiscal policy support the implementation of the government's key policy proposals while ensuring the sustainability of public finances This is the main question for this Public Expenditure Review (PER). To answer it, this PER will (i) analyze past fiscal performance; (ii) assess the medium-term fiscal impacts of selected policy proposals that are currently being considered such as increase in pensions, changes to social assistance, increased health expenditures, and increased capital expenditure; and (iii) propose options to improve spending efficiency in select areas to provide options for the government to use the available fiscal space to effectively implement these policy proposals
    DOI: 10.1596/40563
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    Timor-Leste Economic Report, December 2022 : Honoring the Past, Securing the Future (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Delivery Systems ; Economic Forecasting ; Economic Growth ; GDP ; Macroeconomics and Economic Growth ; Reform ; Social Protection ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: The global economy continues to face steep challenges, but Timor-Leste's economy is slowly recovering. Nevertheless, gross domestic product (GDP) per capita has not returned to pre-pandemic levels. Consumer price inflation reached 7.9 percent yoy in August 2022, one of the highest in the East Asia Pacific region. The real effective exchange rate (REER) has appreciated by about 10 percent since the first quarter of 2021. Enhancing productive capabilities through structural reforms and improving quality of public spending hold the key for accelerating and sustaining economic development. Extending the life of petroleum fund through fiscal consolidation is essential to delay the fiscal cliff and ensure the perpetuation of government spending to support economic growth. Despite receding impact of the pandemic, the level of government spending has not returned to the pre-COVID 19 levels
    DOI: 10.1596/39439
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    Indonesia Economic Prospects : Trade for Growth and Economic Transformation (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Economic Development ; Economic Forecasting ; Economic Growth ; Fiscal and Monetary Policy ; International Trade ; Macroeconomics and Economic Growth ; Public Spending ; Social Assistance ; Tax Reforms ; Transformation
    Abstract: The Russia-Ukraine war has disrupted global trade and supply chains, exacerbating the rise in global commodity and food prices. Persistently high global inflation accompanied by tepid growth brings fears of stagflation that could endure for several years. Amidst this environment, the US Federal Reserve and other advanced economy central banks sharply tightened monetary policy to curb inflation. This has translated into tighter external financing conditions and financial stress for some emerging markets and developing economies (EMDEs) as capital outflows have intensified. Despite global slowdown, Indonesia has experienced strong growth in 2022 thanks to commodity windfalls and a reopening of the economy. Indonesia's external vulnerability has been low to moderate as strong exports have supported the external balance although tighter global finances have put some pressure on the capital account. Indonesia is projected to have a robust growth over the next three years though with significant downside risks emanating from the global economic environment. To address current macrofiscal policy challenges, the report highlights three policy and institutional areas that may warrant attention going forward. The first is about continuing with the implementation of tax reforms to broaden the tax base and improve compliance of business tax collection. The second is related to public spending where the authorities could over time move towards a rules-based pricing model for energy to contain subsidy pressures. The third is improving targeting and expanding coverage of existing social assistance and social insurance programs. This means filling coverage gaps, developing a system that provides a guaranteed minimum protection across the lifecycle, and strengthening delivery systems
    DOI: 10.1596/38451
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    China Economic Update, June 2023 : Sustaining Growth through the Recovery and Beyond (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Carbon-Neutral ; Economic Growth ; Finance and Financial Sector Development ; Fiscal and Monetary Policy ; Fiscal Policy ; Household Incomes ; Housing Finance ; Inflation ; Labor Market ; Macroeconomics and Economic Growth ; Private Investment
    Abstract: Economic activity bounced back in Q1 2023 with the removal of mobility restrictions and a surge in spending on services. However, growth momentum has slowed since April, indicating that China's recovery remains fragile and dependent on policy support. China's GDP growth is projected to rise to a 5.6 percent in 2023, led by a rebound in consumer spending. The economic recovery offers an important opportunity for policymakers to refocus their efforts on achieving China's longer-term development objectives. Structural reforms remain crucial to solidify the recovery and achieve the longer-term goals to (i) become a high-income country by 2035 through productivity-led and environmentally sustainable growth; (ii) peak carbon emissions before 2030 and become carbon-neutral by 2060; and (iii) share the gains from economic growth more equally among the population
    DOI: 10.1596/39947
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    Morocco Economic Monitor, Fall 2023 : From Resilience to Shared Prosperity (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2193
    Keywords: Agriculture ; Atlas Region ; Earthquake ; Economic Growth ; Environment ; Female Labor Force ; Gender ; Gender and Development ; Macroeconomics and Economic Growth ; Natural Disasters ; Poverty ; Social Protections and Assistance ; Social Protections and Labor ; Tourism ; Women's Economic Empowerment
    Abstract: The Moroccan economy is recovering. Following a sharp deceleration in 2022 caused by various overlapping commodity and climatic shocks, economic growth increased to 2.9 percent in the first semester of 2023, driven primarily by services and net exports. Inflation has halved between February and August 2023, but food inflation remains high. Lower commodity prices havealso contributed to a temporary narrowing of the current account deficit. The response to recent crises and the unfolding reform of the health and social protection systems are exerting pressures on public spending. However, the government is managing to gradually reduce the budget deficit
    DOI: 10.1596/40632
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    The Role of Belize's Primary Health Care System in Pandemic Preparedness and Response : A Qualitative Study (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2196
    Keywords: Covid-19 ; Health Insurance ; Health Policy and Management ; Health, Nutrition and Population ; Pandemic ; Primary Health Care ; Social Protections and Labor
    Abstract: While the incidence of COVID-19 in Belize has subsided, the lasting health and economic impacts caused by the pandemic have demonstrated the need to build a resilient health system. The most recent figures from the Statistical institute of Belize confirm that there have been over 60,000 cases and 678 deaths due to COVID-19. Additionally, a rapid phone survey of over 2,000 households, conducted between December 2021 and January 2023, found that 20.6 percent and 26.8 percent of respondents reported losing their job permanently or temporarily, respectively, and an additional 64 percent of respondents reported a reduction in their income during pandemic. Ensuring the health system remains resilient to shocks is critical, especially given the pandemic's impacts on heath and the economy
    DOI: 10.1596/40480
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    Jordan Economic Monitor, Fall 2023 - Building Success, Breaking Barriers : Unlocking the Economic Power of Women in Jordan (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Debt ; Fiscal Developments ; Gender ; Gender and Development ; Inflation ; Labor Market ; Macroeconomics and Economic Growth ; Monetary Policy ; Social Protections and Labor ; Women's Economic Power
    Abstract: Jordan's real growth registered 2.4 percent in 2022 and has accelerated to 2.7 percent in H1-2023, compared to a pre-COVID-19 (2012-2019) average of 2.4 percent. Growth was supported by the services sector, agriculture sector, in addition to a robust contribution from agriculture. Inflation decelerated significantly in 2023, supported by favorable base effect, monetary policy tightening and lower global commodity prices. External imbalances have narrowed, supported by a string recovery in tourism activity and travel receipts. Central government fiscal balance was supported by economic growth and revenue-enhancing reforms, whereas total expenditure grew at a slower pace. Despite these positive developments, entrenched structural constraints weigh on labor market outcomes, as labor force participation continues its gradual decline driven by a fall in both male and female participation. Jordanian female labor participation remains among the lowest in the world. Debt-to-GDP ratios continues to rise from already elevated levels with persisting pressures from the electricity and water sectors. The global and regional environments remain challenging. In particular, the conflict in the Middle East has the potential for material economic spillovers on the Jordanian economy, including through its impact on tourism activity. The "In Focus" section highlights the role of women and their increased economic participation as central to Jordan's development agenda. The piece takes a life cycle approach and follows the journey of girls and women from birth through education and into the labor market. It sheds light on two of the main barriers to women's increased participation in the economy: childcare and public transportation. A comprehensive institutional renovation, together with enabling policies and a clear signal regarding the role of women, are all crucial in removing barriers and facilitate the integration of women into the labor force
    DOI: 10.1596/40786
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    Social Cohesion and Forced Displacement : A Synthesis of New Research (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Conflict and Development ; Forced Displacement ; Host Communities ; Inequality ; Living Standards ; Poverty Reduction ; Social Cohesion ; Social Conflict Prevention
    Abstract: This report presents new evidence from 26 background studies on forced displacement and social cohesion to expand the current knowledge base on how to prevent social conflict and promote social cohesion in forced displacement contexts. The background studies are geographically and methodologically diverse. They examine social cohesion in a variety of low-, middle-, and high-income countries across Africa, Asia, Central, and South America, and Europe. Building on this new evidence, the report provides lessons on how development investments and policies can reduce inequalities, alleviate social tensions, and promote social cohesion between and within displaced populations and host communities. Overall, the findings demonstrate that, while displacement can exacerbate existing inequalities and create new inequalities and the potential for conflict, especially in areas with strained services and limited economic opportunities, inclusive policies and development investments can effectively mitigate the negative effects of displacement and promote social cohesion
    DOI: 10.1596/38431
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    An Evaluation of World Bank Group Support to Jobs and Labor Market Reform through International Development Association Financing (Approach Paper, March 2, 2023) (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: IEG Evaluation
    Keywords: Jobs ; Labor Markets ; Objectives ; Social Protections and Labor
    Abstract: The International Development Association (IDA) has included jobs as a special theme since the 17th Replenishment of IDA (IDA17) in 2014, when it explicitly recognized the role played by labor markets in intermediating between growth and inclusion. This acknowledgment of jobs marked a shift in IDA's inclusive growth strategy. Before the IDA17 strategy paper, IDA emphasized growth and the use of social safety nets to mitigate the effects of poverty. Beginning in 2014, however, jobs became more central to IDA's strategy for inclusive growth and for achieving the twin goals. IDA17, the 18th Replenishment of IDA, and the 19th Replenishment of IDA established specific policy commitments and results indicators under the jobs-related special theme. At the same time, the World Bank Group expanded and deepened its attention to jobs, resulting in an increasingly multidimensional jobs agenda characterized by a growing body of lending, technical assistance and diagnostics, and a strong focus on IDA-eligible countries, including through use of the Country Private Sector Diagnostic and IDA's private sector window. This evaluation will assess IDA's support for jobs-related objectives over fiscal years (FY)14-22, the period covering three IDA replenishments during which jobs became an IDA special theme (IDA17, the 18th Replenishment of IDA, and the 19th Replenishment of IDA). The objectives of this assessment are to interrogate the contribution of IDA's Bank Group financing to improving outcomes related to more, better paying, and more inclusive jobs; the role of IDA's jobs strategy at the corporate, country, and operational levels in this context; and the analytical underpinnings of jobs-related interventions. The evaluation will provide lessons and recommendations to inform the design of the Bank Group's future multidimensional jobs support and enhance IDA's effectiveness in this space based on eight years of strategic, diagnostic, and operational experience
    DOI: 10.1596/39571
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    Philippine Jobs Report : Shaping a Better Future for the Filipino Workforce (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other ESW Reports
    Keywords: Attracting Business Investment ; Business Environment ; Employment Policy ; Job Generation and Creation ; Jobs Policy ; Labor and Employment Law ; Labor Market Regulations ; Law and Development ; Private Sector Development ; Remittances ; Rural Development ; Rural Labor Markets ; Skills Development and Labor Force Training ; Social Protections and Labor
    Abstract: Shaping a Better Future for the Filipino Workforce aims to inform jobs policy by examining key determinants and outcomes of jobs. Jobs are created when the macroeconomic environment is conducive and policies are predictable to businesses with sustained growth, trades, and investments. At the same time, a large body of literature also shows that economic growth alone is not sufficient for generating jobs. Jobs are created when firms pursue expansion through innovation and competitiveness and demand for more labor input, while workers' skills and human capital are able to meet the needs of firms. Intrahousehold resource allocation and decisions for labor supply also affect the jobs outcomes. It is not uncommon that workers as self-employed create jobs by initiating their own business. The market clearing process of labor is then affected by labor market institutions, most notably labor market regulations and labor policies and programs. These are key determinants of how easy it is to start a business or to hire a worker, how high labor costs are, and how efficiently firms and workers are matched. Part I looks into the country's labor market in chronological order, while Part II discusses three major areas of Philippine jobs - labor regulation, international migration, and emerging demands for green and digital jobs
    DOI: 10.1596/39600
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    Nepal Fiscal Federalism Update, June 2023 (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Finance and Financial Sector Development ; Fiscal and Monetary Policy ; Fiscal Federalism ; Fiscal Performance ; Implementation Gaps ; Macroeconomics and Economic Growth ; Natural Resources ; Public and Municipal Finance ; Public Financial Management ; Revenue Sharing
    Abstract: The World Bank Nepal Fiscal Federalism Update aims to report annually on the progress of fiscal federalism in Nepal and identify implementation gaps. This first such update reviews the progress on fiscal federalism since the publication of the Federalism Capacity Needs Assessment (FCNA) in 2019
    DOI: 10.1596/39949
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    Kosovo Public Expenditure Review (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Keywords: Economic Growth ; Employment ; Finance and Financial Sector Development ; Financial Sector and Social Assistance ; Fiscal and Monetary Policy ; Macroeconomics and Economic Growth ; PER ; Poverty Reduction ; Public Spending ; Social Assistance ; Western Balkans
    Abstract: Kosovo has gained a creditable reputation for prudent macro-fiscal management; yet necessary structural reforms and related fiscal pressures lie ahead. The country's track record includes consistently high output growth rates, prudent fiscal deficits supported by fiscal rules, and one of the lowest public debt levels among peers. The Government was able to successfully weather the COVID-19 crisis and mitigate the impact of the ongoing inflationary crisis caused by the Russian invasion of Ukraine thanks to its healthy fiscal accounts and stable financial sectors. At the same time, however, the overlapping external shocks have highlighted the inherent volatility that mirrors Kosovo's structural limitations - especially in health, energy, and education - and accentuates gaps in both human and physical capital. The objective of this Public Expenditure Review (PER) is to help the government identify means for improving the structure and quality of public services, enhance the equity of government spending, and take a holistic view of policies that will affect financing needs over time. To do so, the PER has analyzed fiscal issues that have not been explicitly detailed in, or are in the process of being incorporated into, the medium-term expenditure framework and the economic reform program. The most notable issues include the urgently needed energy investments, the ramifications of the new law on public salaries on the budget, the sustainability of the untargeted social protection system, and possible pathways of the cost of pensions in light of expected changes to eligibility criteria, and the health spending and health financing conundrum. The PER also looks back at past World Bank PER recommendations and their implementation record, in the attempt to shine a light on measures that remain valid and could still be implemented
    DOI: 10.1596/39944
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    Social Protection for Brazil of the Future : Preparing for Change with Inclusion and Resilience (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Administrative and Civil Service Reform ; Equity ; Opportunity ; Resilience ; Social Protection System ; Social Protections and Assistance ; Social Protections and Labor ; Sustainability
    Abstract: This policy note assesses how Brazil's social protection and labor systems can be reformed most effectively to meet the challenges that the country will face in the next two decades while also fostering social inclusion and shared prosperity. This discussion is timely as Brazil is slowly recovering from the global COVID-19 crisis, which brought new challenges as well as accelerating existing socioeconomic transformations. Despite the fact that labor markets are slow to recover after economic crises in Brazil, implementing the right set of policies could enable the country to take advantage of changes in the world of work, new opportunities for human capital formation, and recent developments in technology and delivery systems to build back better than in the past. Serving as a companion piece on social protection and labor policies for the Flagship Report "Alternative Futures for Brazil: Inclusion, Productivity, Sustainability" (World Bank, Forthcoming), this note draws from a large body of recent analytical work by the World Bank team in Brazil. The vision of the flagship report is for Brazil to reach 2040, two decades from now, with a more productive and resilient and less unequal society
    DOI: 10.1596/39910
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    Pacific Economic Update, August 2023 : Recovering in the Midst of Uncertainty - Special Focus: Harnessing the Benefits of Pacific Migration (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Benefits ; Human Capital ; Integration ; International Economics and Trade ; International Migration ; Job Markets ; Labor Markets ; Migration ; Poverty Reduction ; Social Protections and Labor ; Welfare
    Abstract: The global economic recovery remains fragile, creating choppy seas for the recovering Pacific. While global conditions have gradually improved since the pandemic and spillovers from Russia's invasion of Ukraine, progress on reducing inflation in major economies has proven more challenging than expected. Given that all Pacific countries are net importers, this has resulted in persistently high imported inflation. The speed of monetary policy tightening by major central banks has slowed, but easing is unlikely in the near term. Aggregate demand in major trading partners of the Pacific (particularly Australia and New Zealand) remains lackluster. This could limit demand for travel and tourism services and other income sources such as remittance and commodity exports. Despite uncertainties in the global economic recovery, Pacific economies are expected to see ongoing expansion in 2023 and 2024. Fiji led the Pacific's post-COVID-19 recovery with open borders and a strong rebound in 2022 and is now on track to reach its pre-pandemic output level in 2023. Ongoing recovery expectations in the Pacific are broadly in line with March 2023 World Bank projections except for Tuvalu and Palau, where growth has been revised down given weaker than expected outcomes in construction and tourism. In 2023, Pacific growth is expected to reach 3.9 percent and then moderate to 3.3 percent in 2024 as the initial post-COVID-19 rebound dissipates and the region moves towards its long-term trend growth of 2.6 percent. Nonetheless, uncertainty remains high and depends on whether a soft landing can be achieved among key trading partners as they battle ongoing inflation. Inflation remained stubborn across the Pacific at an average of over 6.7 percent in 2022, a substantial increase from the 1.5 percent average during 2019-2021. This has increased the risk of vulnerable populations falling into poverty. In line with global trends, Pacific inflation is expected to decline to an average of 6.0 percent in 2023 and gradually subside thereafter
    DOI: 10.1596/40146
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    Towards Better Labor Migration Systems in Northern Central America : Overview of Findings from El Salvador, Guatemala, and Honduras (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other ESW Reports
    Keywords: Foreign Labor Markets ; International Access ; Labor Markets ; Labor Migration ; Legal Framework ; NCA Countries ; Poverty Reduction ; Social Protections and Labor
    Abstract: This note aims to close the knowledge gap about the effectiveness and capacity of labor migration sending systems in NCA countries. The report assesses whether NCA countries have the fundamental elements of an effective labor migration sending system, identifies the missing elements, and offers recommendations for strengthening the systems over time. Filling such a knowledge gap is critical to inform policies that maximize the benefits and minimize the costs of economic migration. Programs and policies that help expand legal pathways for regular migration will not only promote mutually beneficial migration, but could be a step, albeit small, towards dissuading individuals from pursuing risky migration patterns. Indeed, evidence from Mexico indicates that investing in legal labor pathways can reduce irregular migration (Clemens and Gough, 2018). In this context, this note summarizes the main findings from three institutional diagnostics of the labor migration sending systems in NCA countries, with a view to deepening the understanding of the supply side of labor flows. To this end, and building on previous World Bank experience globally, a diagnostic tool was developed to identify what steps the NCA governments have taken to recognize and respond to foreign demand for workers. The tool examines if appropriate structures, systems, processes, and resources exist to prepare and deliver adequate labor supply arrangements in the context of bilateral agreements (BLAs) or Temporary Work Agreements (TWAs) with other countries. The diagnostic tool is organized around four main pillars to regulate, facilitate, fortify, and further access of labor migrants to international labor markets
    DOI: 10.1596/40131
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    Libya Economic Monitor, Spring 2023 : Towards a Sustainable Social Contract in Libya (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Conflict and Development ; Economic Growth ; Fiscal Policies ; Inflation ; Labor Markets ; Macroeconomics and Economic Growth ; Social Protection ; Social Protections and Labor
    Abstract: While armed clashed have declined, Libya continues to face fragmentation and fragility. The country's fragility is having far-reaching economic and social impact. Social conditions and public service delivery have been affected. Similar to numerous conflict-affected countries, the World Bank refrains from providing quantitative growth and macroeconomic forecasts. Despite the numerous challenges facing the country, the Libyan economy cab ne reconstructed and diversified by leveraging its substantial financial resources building on four critical pillars. The first is reaching a sustainable political agreement on the future of Libya. The second is the preparation of a shared vision on economic and social development that is based on accurate assessments of needs and aspirations. The third is the development of a modern and decentralized public financial management system that ensures adequate sharing of oil wealth and inter-governmental fiscal transfers as well as effective and transparent budget planning, execution, and reporting policies. The fourth is the establishment of a modern and comprehensive social policy that enables the reform of public administration and creates a clear distinction between social transfers and public wages
    DOI: 10.1596/40060
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    Crisis and Recovery : Learning from COVID-19's Economic Impacts and Policy Responses in East Asia (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other ESW Reports
    Keywords: COVID-19 ; Economic Forecasting ; Economic Growth ; Economic Impacts ; Employment ; Fiscal and Monetary Policy ; Fiscal Support ; Macroeconomics and Economic Growth ; Policies
    Abstract: More than three years after the first COVID-19 case was discovered in the East Asia and Pacific (EAP) region, it is time to take stock of the lasting effects-and opportunities-of the pandemic and identify which policies may have helped stem the economic losses suffered by households and firms. To do so, this regional report examines the economic impact of the COVID-19 pandemic on households and firms in six countries: Cambodia, Indonesia, Malaysia, Mongolia, the Philippines, and Vietnam. This volume examines: (a) the links between impacts on firms and households, in particular through the employment channel, and (b) governments' fiscal responses to the COVID crisis, through transfers, subsidies, and taxes. It identifies and explains changes in household well-being by examining the economic effects of the pandemic on labor markets. As the source of employment and wage income, businesses have a direct role in determining jobs and earnings, and, indirectly, welfare, poverty, and inequality. When faced with a shock, firms responded by adjusting employment, reducing wages, increasing prices, and reducing services provided. All of these channels directly affected households' wellbeing. For this reason, the report focuses on firms in addition to households. Governments responded through various instruments, providing transfers and subsidies and lowering the tax burden to both households and firms
    DOI: 10.1596/39977
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    Stronger Social Protection and Labor Systems in Central America for a Resilient and Inclusive Recovery (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Adaptive ; COVID-19 ; Inclusive Recovery ; Limited Spending ; Resilience ; Social Protections and Assistance ; Social Protections and Labor ; SPL
    Abstract: Social Protection and Labor (SPL) Systems help individuals and societies manage risk and volatility and protect them from poverty through instruments that address the challenges of resilience, equity and opportunity. SPL systems include social safety nets, social insurance, and labor market programs. As recent events have shown, the relative emphasis among goals - resilience, equity and opportunity - can change over time, with demands put on SPL program design and delivery systems differing in each context. In relatively stable times, programs are likely to focus on human capital formation, equality of opportunity, poverty reduction, and redistribution. This was the case in Central America prior to the COVID-19 emergency, albeit with some shortcomings. The goal of shock-responsiveness (resilience) dramatically came to the fore during the pandemic, even if recognized earlier during natural disasters and now more broadly with climate change. Globally and in Central America, SPL systems had a critical role in the response to the COVID-19 emergency
    DOI: 10.1596/40226
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    Using Principles of Universal Design for Assessment (UDA) to Design Accessible Learning Assessments : Toolkit (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2113
    Keywords: Accessibility ; Accessible Learning ; Accessible Special Technologies ; Augmentative and Alternative Communication ; Climate Change and Health ; Climate Change Impacts ; Disability ; Education ; Inclusive Education ; Social Protections and Labor
    Abstract: The purpose of this toolkit is to generate knowledge on how to develop and adapt assessment tools using principlesof universal design that yield reliable and valid data andinformation to track the learning outcomes of marginalizedlearners, including learners with disabilities
    DOI: 10.1596/40493
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    Developing Skills for Tanzanian Youth Through Dynamic TVET : A World Bank Policy Note for Tanzania - Mainland (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 11872
    Keywords: Economic and Employment Structure ; Economic Growth ; Governance ; Inflation ; Labor Force Participation ; Learning Employable Skills ; Skills Development System ; Social Protections and Labor ; Technical and Vocational Education and Training (TVET) ; Youth Employment
    Abstract: Tanzania's rapidly growing population, particularly its youth, faces challenges in entering the labor market due to limited employable skills. This policy note first reviews the demand-side factors including Tanzania's economic, employment, and labor force characteristics, then it critically analyzes the technical and vocational education and training (TVET) and skills development system. It draws from existing studies and available data to provide an overview of key sector issues and highlights the challenges that require attention as they relate to cultivating employable skills for all Tanzanian youth. This policy note complements the World Bank Policy Note on Strengthening Basic Education System and Improving Learning Outcomes and offers timely input to the government's ongoing effort to strengthen the TVET sector
    DOI: 10.1596/40488
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    Tanzania Economic Update : The Efficiency and Effectiveness of Fiscal Policy in Tanzania (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2193
    Keywords: Current Economic Indicators ; Equity Committment ; Fiscal and Monetary Policy ; Fiscal Policy ; GDP Growth By Sector ; Governance ; Macroeconomics and Economic Growth ; Poverty Reduction ; Recent Economic Developments
    Abstract: Global growth is projected to slow significantly in 2023 as continued monetary tightening constrains the credit supply. Tanzania's economy has performed relatively well despite a challenging external environment. The government recognizes that a dynamic private sector fueled both by domestic and international investment is crucial to increase productivity, accelerate job creation, and support more inclusive and resilient growth. Tanzania has several macroeconomic advantages that could support a successful transition to middle-income status. Tanzania's most urgent reform priorities include measures to improve efficiency and effectiveness of expenditure programs and boost tax-revenue mobilization. The government should assess and regulate budget transfers to state-owned enterprises to ensure their sustainability. An analysis of the implementation capacity of ministries with low expenditure execution rates could inform efforts to improve procurement systems and strengthen monitoring and evaluation. The government should adjust VAT, corporate income tax, and excise tax rates to increase revenue mobilization, and excise taxes on tobacco should be reevaluated to balance revenue and public health objectives. Strengthening taxation on wealthier households is vital to improve the equity of the tax system. Reinforcing the tax administration's auditing capacity will be necessary to boost collection efficiency and enhance distributional equity, and registration thresholds should also be adjusted to broaden the tax base. The Commitment to Equity (CEQ) methodology could be used to assess the impact of proposed fiscal policy changes on household income, poverty, and inequality
    DOI: 10.1596/40452
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    Malaysia Economic Monitor, October 2023 : Raising the Tide, Lifting All Boats (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2193
    Keywords: Banking Sector ; Economic Growth ; Fiscal and Monetary Policy ; Fiscal Space ; Growth ; Income Inequality ; Inequality ; Macroeconomics and Economic Growth ; Poverty Reduction ; Reforms
    Abstract: Global economic activity registered resilient growth in early 2023 but is losing momentum. Advanced economies growth slowed less-than-anticipated inearly 2023 as tight labor markets drove wages up, preventing a sharp decline in consumption. However, global growth slowed slightly in Q2 2023, with services growth cooling gradually and manufacturing remaining soft. Global inflation has moderated in recent months, largely reflecting favorable base effects from commodity prices falling below their 2022 peaks, along with abating supply chain pressures. Global trade in services strengthened in 1H 2023 thanks to the easing of mobility restrictions but trade in goods slowed due to weakening global industrial production
    DOI: 10.1596/40441
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    How to Protect, Build, and Use Human Capital to Address Climate Change (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Keywords: Adaptation To Climate Change ; Climate Change ; Environment ; Human Capital ; Inclusive Development ; Social Protections and Assistance ; Social Protections and Labor ; Sustainability
    Abstract: To respond to climate change effectively, human capital needs to be at the heart of policy responses. This policy note demonstrates the impacts of climate change across the lifecycle and provides a framework of policy and program interventions to protect, build, and use human capital to minimize climate change impacts and create opportunities for more sustainable and inclusive development on a livable planet. By demonstrating the scope of impacts of climate change on people and people's potential to contribute to climate action, the note also makes a case for prioritizing human capital investments as part of countries' Nationally Determined Contributions (NDCs) and other climate strategies
    DOI: 10.1596/40740
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    Pacific Economic Update, February 2023 (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: COVID-19 ; Finance and Development ; Finance and Financial Sector Development ; Post-Pandemic ; Public Debt ; Social Protections and Assistance ; Social Protections and Labor ; Tourism ; Travel-Dependent
    Abstract: This publication is the inaugural edition of the future publication series on Pacific Economic Update (PEU). It consists of two parts. Part A analyzes the recent economic developments in Pacific Islands. Based on these developments, the PI EU summarizes the outlook for the region's economies and risks to this outlook. Second, the PEU provides an in-depth examination of a public debt issues in the Pacific and proposes policy recommendations to address public debt related challenges. The PEU is intended for a broad set of audience, including regional forums, policy makers, business leaders, international donors and the community of analysts and professionals engaged in the economies of Pacific Island countries. In dealing with the challenges of rising inflation, tepid recovery from the pandemic and global slowdown, the PICs should strike a balance between supporting livelihoods and reducing future public debt risks. The need for fiscal support during the current environment of high inflation and tepid economic recovery is understandable as it provides the much needed relief for vulnerable households and businesses to navigate the crisis. Nonetheless, these support measures create significant fiscal burdens, and are unsustainable, particularly if the high energy and food prices persist longer than envisaged. Most PICs already face low capacity to finance unexpected shocks which would be further tested by a natural disaster event. Therefore, PICs should tread a delicate balance between fiscal support measures and achieving fiscal sustainability. Any forthcoming fiscal support should be well-targeted, time-bound, and deficit-neutral. Over the medium-term, fiscal efficiency gains and ongoing donor support is critical to finance key development challenges and climate adaptation. Revenue-based fiscal consolidation measures could include improving the efficiency of tax collections and eliminating tax exemptions. On the expenditure side, PICs have limited room to sharply cut spending given the expected modest growth and ongoing development needs. Therefore, it becomes imperative to improve the efficiency of public spending, to maximize social dividends for every dollar spent. Resulting savings from fiscal consolidation measures could help build sovereign wealth funds to provide added fiscal buffers during shocks and economic downturns. Due to high vulnerability to disasters and climate change, PICs will need to seek ongoing concessional financing for critical climate adaptation and development needs
    DOI: 10.1596/39523
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    Social Protection Situational Analysis : Montenegro (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Cash Transfers ; COVID-19 ; Labor Market ; Pensions ; Pensions and Retirement Systems ; Poverty ; Social Analysis ; Social Assessment ; Social Development ; Social Funds ; Social Protection System ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: A period of economic growth over the past decade led to a reduction in poverty and improvements in labor market outcomes in Montenegro. Substantial challenges remain, which have been aggravated by the COVID-19 pandemic, drawing attention to the role that social protection plays in reducing poverty and promoting human capital. This note presents a situational analysis of the social protection system in Montenegro. It assesses the extent to which the social protection system in Montenegro fulfils its purpose and proposes areas for reform in the short, medium, and long term. To this end, this note seeks to assess each category of social protection, namely: social assistance, social services, social insurance (specifically pensions) and labor market programs, in terms of program coverage, equity, sustainability and effectiveness
    DOI: 10.1596/39413
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    Digital Transformation of Philippine Higher Education (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Education Study
    Keywords: Connectivity ; Digital Transformation ; Education ; Education For the Knowledge Economy ; Government Information Network ; Higher Education ; Higher Education Reform ; ICT Applications ; ICT Policy and Strategies ; Information and Communication Technologies ; Internet ; Social Protections and Labor ; Vocational and Technical Education
    Abstract: The Digital Transformation of Philippine Higher Education recommends a medium-term strategy for the Commission on Higher Education (CHED). Chapter 1 presents an overview of the Philippine higher education sector and analyzes the sectoral and country context for digital transformation of higher education. Chapter 2 discusses the foundations and pillars that support digital transformation as well as the building blocks of common and shared platforms and services for students and academic, research, and administrative stakeholders in higher education. Based on the findings in Chapter 1 and global good practices on digital transformation in Chapter 2, Chapter 3 recommends strategic goals and actions for CHED and HEIs as well as other higher education key players to digitally transform Philippine higher education
    DOI: 10.1596/38481
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    Jordan Economic Monitor, Fall 2022 - Public Investment : Maximizing the Development Impact (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Debt Management ; Economic Growth ; Financial Economics ; Fiscal and Monetary Policy ; Fiscal Developments ; Inflation ; Labor Market ; Macroeconomics and Economic Growth ; Monetary Policy ; Public Investment
    Abstract: Despite a challenging global environment, Jordan's growth exceeded expectations during the first half of 2022. Propelled by a strong rebound in international tourism, the full reopening of the economy, and improving exports, real GDP accelerated to 2.7 percent. However, the rebound in economic activity was only modestly reflected on labor market indicators with unemployment rates declining only gradually. Inflation has reached its highest level since 2018 but remains contained compared to regional peers, due to temporary fuel subsidies and a number of other price control measures introduced in 2022. Yet, the untargeted subsidy support came at a fiscal cost as fiscal consolidation adjustments have slowed down despite good tax performance. On the external front, elevated global commodity prices led to a significant rise in Jordan's import bill, outpacing the effect of the increased merchandise exports and tourism. Moreover, capital and financial inflows did not keep up with the widening current account deficit, resulting in a widening of the balance of payment deficit and a drawdown in foreign exchange reserves. Nonetheless, due to its substantial reserve buffers, the Central Bank's gross foreign reserves remained at an adequate level, while Jordan continues to retain investors' confidence and access to foreign financial markets. Jordan's economic recovery in 2022 is expected to be driven by a full rebound of the services sector, helped by the full reopening of the economy and a strong rebound in tourism. However, highly volatile global fuel and food prices are impacting both domestic consumption and the trade balance. Risks surrounding Jordan's outlook include a looming global economic downturn, prolongation of the global food and energy crisis, and the impact of higher borrowing costs and widening losses from state-owned water and electricity sectors on debt dynamics. The Special Focus highlights the role of public investment as a driver of growth, with a particular focus on its recent trends, as well as its efficiency and effectiveness. This is particularly relevant given Jordan's constrained fiscal envelope. Public investment spending has been suffering from a steady decline during the past two decades to meet the fiscal consolidation targets, consistent under-execution, large dependency on external aid and lack of budget for operation and maintenance cost. Its efficiency can be maximized by having in place financially realistic long-term strategic planning, transparent project selection and an adoption of a medium-term perspective. Purposefully integrating climate concerns in public investments would also advance the country's achievement of its climate targets
    DOI: 10.1596/38510
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    Managing the Fiscal Implications of Public-Private Partnerships in a Sustainable and Resilient Manner : A Compendium of Good Practices and Lessons Learned from the COVID-19 Pandemic (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Infrastructure Study
    Keywords: COVID-19 ; Fiscal and Monetary Policy ; Fiscal Sustainability ; Infrastructure Economics ; Infrastructure Economics and Finance ; Macroeconomics and Economic Growth ; PPP
    Abstract: Public-private partnerships (PPPs) can sometimes be perceived as a means for delivering infrastructure for free. A more nuanced but still inexact view is that they are a mechanism to overcome fiscal constraints. Some argue, perhaps rightly, that often governments enter PPP contracts without fully understanding their fiscal implications. These misconceptions lead to several challenges. There is evidence that fiscal sustainability is often overlooked or ignored by countries with PPP programs, with long-term fiscal implications the governments did not understand or manage well. Governments also struggle with perceptions that they are not fully transparent about the real, ultimate costs of PPP projects. This report aims to illustrate how to improve fiscal risk management and treatment of fiscal commitments and contingent liabilities (FCCL) arising from PPP projects, to build better Infrastructure post-COVID-19. It intends to be a resource for World Bank client countries, including low income and fragile economies, to design their fiscal PPP management frameworks in a viable way that helps them develop their PPP programs while maintaining medium-to-long-term fiscal sustainability and resilience. With that in mind, Volume I highlights and contextualizes the main findings from a set of case studies that assessed the PPP fiscal risk management framework in select countries, and synthesizes the observable and qualitative results in managing the impact of crises, in particular the COVID-19 pandemic. Based on that, it also explores how this crisis has affected PPP projects and overall PPP programs, and suggests improvements to FCCL management frameworks in order to strengthen the capacity of countries to continue with their PPP programs in a sustainable fiscal manner. Volume II contains the detailed case studies on which Volume I is based
    DOI: 10.1596/39578
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    Uganda Poverty Assessment Overview : Strengthening Resilience to Accelerate Poverty Reduction in Uganda (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Poverty Assessment
    Keywords: Education ; Inequality ; Limited Safety Nets ; Poverty Assessment ; Poverty Monitoring and Analysis, Poverty ; Poverty Reduction, Inequality ; Rural Households ; Telecommunications Sector
    Abstract: The share of Uganda's population that lives below the poverty line has fluctuated over the last seven years, greatly influenced by shocks that have tested the resilience of the people. The COVID-19 pandemic pushed both urban and rural residents into poverty. Inequality, which reflects the extent to which different population groups benefit from Gross Domestic Product (GDP) growth, and affects the transmission of growth into poverty reduction, remained largely unchanged over this period and may even have worsened in urban areas. The findings of this report show that previously identified patterns and drivers of Uganda's poverty changes persisted well into 2020 - shaped by low productivity and high vulnerability. Identified inequality of economic opportunities and unequal accumulation of the human capital could hold back structural change in employment. Accelerating poverty reduction in such a setting requires a two-pronged strategy. While at the macroeconomic level, policies addressing growth fundamentals are important for reducing poverty, from a microeconomic perspective, the report's analysis shows that two strategies will be crucial. The first strategy is to lift the productivity and incomes of poor households in both rural and urban areas. While tackling agricultural productivity and job creation are at the top of the agenda here, making mobile phone services more widely accessible and affordable is a potential opportunity. The second strategy is to strengthen people's resilience to shocks, particularly in rural areas. To have an impact, policies in both these areas will have to address the inequality in opportunities analyzed in the report. This document provides an overview of key report findings and identifies priority actions
    DOI: 10.1596/39855
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    Myanmar Economic Monitor, June 2023 : A Fragile Recovery - Special Focus on Employment, Incomes and Coping Mechanisms (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Economic Growth ; Financial Sector ; Fiscal and Monetary Policy ; Fiscal Deficit ; Foreign Direct Investment ; Inflation ; Macroeconomics and Economic Growth
    Abstract: Following the significant volatility that characterized much of 2022, economic conditions in Myanmar have shown tentative signs of stabilization in the first half of 2023. The parallel market exchange rate remained broadly stable between January and May, albeit 27 percent lower against the US dollar than in June 2022 and depreciation pressures appear to have reemerged in recent weeks. In the medium-term, the deep contraction in 2021, the ensuring weak and uneven recovery, and increasing policy distortions will leave the economy permanently scarred. Many of the trends observed at household, firm and industry levels are likely to damage the productive capacity of the economy, in addition to their direct impacts on welfare and inequality. Increased reliance on coping mechanisms such as asset sales and reduced spending on health, education and agricultural inputs will curtail the longer-term earnings capacity of households. There has been little evidence of productivity-enhancing structural transformation in recent years; instead, more highly educated workers have moved into agriculture and away from higher productivity activities. Migration in recent years has been mostly forced, lowering the potential for income and productivity gains with recent migrants across states and regions within Myanmar tending to be worse off across various welfare indicators. And while interventionist measures to promote import substitution and self-sufficiency can generate employment and activity in the short term, in the long run, growth is likely to suffer as resources move toward activities that are less compatible with local factor endowments, and as the scope for productivity gains from specialization and exposure to international competition diminishes. Increased out-migration of more skilled workers and the sharp slowdown of foreign investment inflows will further constrain Myanmar's prospects for development over the longer term
    DOI: 10.1596/39938
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    Thailand Public Revenue and Spending Assessment, June 2023 : Promoting an Inclusive and Sustainable Future (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Keywords: Climate Change ; Fiscal Adjustment ; Fiscal and Monetary Policy ; Fiscal Sustainability ; Health Care ; Macroeconomics and Economic Growth ; Revenue Mobilization ; Social Protection ; Spending Trends ; Taxes, Transfers and Equity
    Abstract: Having implemented a substantial fiscal response to COVID-19, Thailand's government now faces the medium-term challenge of reducing elevated deficit and debt levels, and the structural challenge of meeting rising spending needs, including those associated with an aging population, while maintaining fiscal sustainability. In this context, this Public Revenue and Spending Assessment sets out revenue and expenditure choices that will help to ensure a more inclusive and sustainable economy. This will require raising revenue, improving the efficiency of public spending, and ensuring that revenue and spending policy measures support the most vulnerable and are responsive to climate-related challenges. Within this overall framework, the report provides several recommendations to improve the quality of spending in the health, education, and social protection sectors, as well as a detailed assessment of fiscal policies that will contribute to the achievement of climate mitigation and adaptation goals
    DOI: 10.1596/39999
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    Navigating Education, Motherhood, and Informal Labor : The Experiences of Young Women in Luanda (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2190
    Keywords: Education and Work ; Gender ; Gender and Development ; Gender and Education ; Gender Based Violence ; Gender Equality ; Gender Norms ; Human Rights ; Informal Trading ; Labor Markets ; Labor Standards ; Law and Development ; Poverty ; Social Protections and Labor ; Teenage Pregnancies ; Women and Girls
    Abstract: Gender equality is a key foundation of inclusive and sustainable economic development that can translate into long-term and effective poverty reduction. While gender equality matters on its own as a human right, it also offers instrumental value for individuals, households, and societies at large. Global evidence consistently shows that empowering women and girls reduces poverty incidence and food insecurity, boosts economic growth and productivity, and enhances investments in children's human capital. Angola, a country where a third of the population lives in poverty and economic output is heavily dependent on its oil sector, stands out in Sub-Saharan Africa for its particularly large gender disparities, especially when compared to countries of same income levels. Family formation, education, and labor market decisions are intrinsically interwoven and connected, which in the case of Angola leads to extreme demographic pressure on an already weak public service system. To begin tackling these significant gender disparities, well-designed and targeted policies are needed. But there are significant knowledge gaps when it comes to understanding the key barriers facing Angolan girls and young women in accessing education and transitioning to the labor market. This report presents insights gained from the voices of young women and girls, their parents, and key informants through a series of interviews carried out in Luanda, home to a quarter of the country's population, in 2022. Based on these in-depth interviews with low-income young women in Luanda, this report points to the multiple challenges they face across their life cycle - challenges relating to the dimensions of education, family formation, and work. It also shows how those dimensions in a woman's life are deeply interconnected - and how they are determined by structural constraints including poverty and vulnerability, gender norms, corruption and lack of transparency in access to services and opportunities, and violence in public and private spheres
    DOI: 10.1596/40401
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    Adaptive Social Protection for Effective Crisis Response : Independent Evaluation Group Evaluation of the World Bank's Contribution (Approach Paper) (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: IEG Independent Evaluations and Annual Reviews
    Keywords: Adaptive Social Protection ; Crisis Response ; Resilience To Shocks ; Social Protections and Assistance ; Social Protections and Labor ; Universal Social Protection
    Abstract: Interconnected and often devastating covariate shocks are a threat to human development. Covariate shocks are shocks that affect large numbers of people or communities at once and can be natural, economic, or political. Occurrence and the human devastation from natural disasters has increased over the last 50 years, and the negative impacts of climate change are expected to exacerbate this trend. Poor households are particularly vulnerable to covariate shocks because they lack adequate capacity to prepare for, cope with, and adapt to shocks. Covariate shocks can also impoverish vulnerable households when their capacity to prepare, cope, and adapt is overwhelmed. Covariate shocks vary in magnitude, speed of onset, predictability, and duration, and thus these aspects should be considered when designing the most appropriate social protection response. Moreover, the needs and challenges that vulnerable and directly affected populations face will have implications for social protection systems. Adaptive social protection (ASP) builds resilience by helping poor and vulnerable households prepare for, cope with, and adapt to covariate shocks. The purpose of this evaluation is twofold: (i) assess whether the World Bank support for social protection has incorporated adaptive elements over time, and (ii) assess how effective the World Bank has been at helping client countries make their social protection systems more adaptive
    DOI: 10.1596/40267
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    Climate Change and Disability Inclusion in Uzbekistan (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2209
    Keywords: Access To Labor Market ; Accessibility ; Climate Change ; Disability Inclusion ; Economic Forecasting ; Economic Stabilization ; Environment ; Health Services ; Health, Nutrition and Population ; Inclusive Disaster Management ; Social Protection ; Social Protections and Labor
    Abstract: The impacts of climate change will be unevenly felt within and across countries partly due to social and economic inequalities. Persons with disabilities represent 16 percent of the global population and face widespread forms of social and economic marginalization yet have received little attention in prior studies of climate change and social inequality. The mortality rate of persons with disabilities in natural disasters is "up to four times higher than people without disabilities" (Stein and Stein 2021). How do the fast-moving shocks, flooding, drought, heatwaves and slower-moving social and economic effects of climate change impact persons with disabilities How can climate change adaptation efforts be disability inclusive This study examines these questions through original fieldwork and qualitative interviews conducted in Uzbekistan. In November 2022, the authors interviewed persons with disabilities in three regions of the country. The resulting qualitative data afford key insights into how climate change and disability status interact to generate distinct vulnerabilities. Within the nascent field of climate change and disability studies, this report represents one of the first fieldwork-based accounts of how climate change presents heightened risks to persons with disabilities in a developing country context
    DOI: 10.1596/40538
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    Lesotho Policy Notes (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Keywords: Business in Development ; Climate Change Policy and Regulation ; Fiscal and Monetary Policy ; Governance ; Macroeconomics and Economic Growth ; National Governance ; Private Sector Development ; Public Sector Development
    Abstract: Lesotho witnessed poverty reduction prior to the Coronavirus (COVID-19) pandemic and the subsequent shocks, but the pace was slow, and poverty remained widespread. The World Bank Group (WBG)'s partnership with Lesotho is fully aligned with the country's development vision articulated in the second National Strategic Development (NSDP II) and key findings of its 2021 Mid-Term Review. The overall objective of the proposed CPF FY2023-2027 is to support Lesotho in building a sustainable and resilient economy in a post-COVID environment by promoting a private sector driven, export-oriented economy for job creation supported by an enabling, efficient and effective public sector. The CPF consists of three high-level outcomes (HLOs) -increased employment in the private sector, improved human capital outcomes and improved climate resilience with seven objectives under the HLOs. There are two foundational themes (governance and government capacity, and macroeconomic and fiscal sustainability) and three approaches (gender, digitalization, and lagging-region approach) that cut across the CPF. The CPF is scheduled to be finalized with the new government by early 2023
    DOI: 10.1596/38359
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    Disability Inclusion and Accountability Framework (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Economic and Sector Work Reports
    Keywords: Disability ; Labor Law ; Labor Standards ; Social Protections and Labor ; Work and Working Conditions
    Abstract: The Disability Inclusion and Accountability Framework, updated in 2022, lays out a road map for (i) including disability in the World Bank's policies, operations, and analytical work; and (ii) building internal capacity for supporting clients in implementing disability-inclusive development programs. The primary target audience of the Framework is Bank staff but it is also relevant to the Bank`s client countries, development partners and persons with disabilities
    DOI: 10.1596/38345
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    Municipal Mergers and Associations : International Experience and Reform Options for Croatia (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Economic and Sector Work Reports
    Keywords: Fiscal Adjustment ; Fiscal and Monetary Policy ; Governance ; Governance Indicators ; Macroeconomics and Economic Growth
    Abstract: Croatia's high degree of municipal fragmentation has been consistently recognized as a weakness and one of the main problems of its intergovernmental fiscal system. The report argues that the problem of fragmentation is in essence a problem of capacity. The objective of this report is to review international experiences and lessons in the promotion of local government mergers and municipal associations to inform efforts to advance institutional reform in Croatia and address the problem of low local government capacity. The report is organized into six sections. The first section is introduction, the second section reviews the fragmented territorial administrative structure in Croatia, and the third is devoted to unpacking the concept of local government units (LGU) capacity. The fourth section focuses on relevant international experience related to municipal fragmentation and capacity deficiencies, and the fifth examines incentive measures for Intermunicipal Cooperation (IMC) and the creation of associations or commonwealths. The sixth section lays out policy options and recommendations for Croatia, prioritized along a sequence for implementation
    DOI: 10.1596/38330
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    Tunisia's Jobs Landscape (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Economic and Sector Work Reports
    Keywords: Demography ; Employment ; Gender ; Growth ; Labor Supply and Labor Demand ; Living Standards ; Productivity ; Social Protections and Labor
    Abstract: The report is organized in four chapters. Chapter1 describes trends in growth, productivity, demography, employment, and living standards to inform the analysis of labor supply and labor demand carried out in the chapters that follow. The chapter starts by depicting aggregate trends in economic growth and living standards of the Tunisian population, the drivers of growth (e.g. remittances and migration, FDI, exchange rate, productivity, et cetera), and broad structural changes in terms of job creation and labor productivity growth. Chapter 2 provides an overview of the composition of the labor market and how it has changed over time, including demographics and labor force participation, employment and employment composition in terms of type of job, industrial sector, occupation both at the aggregate level and for different population groups based on gender, age, educational level, and geographical location. It turns the spotlight on two groups that face particular difficulties in accessing the labor market, namely women and youth, and advances hypotheses regarding key barriers to their engagement in the labor market. Chapter 3 shifts the focus to one of the most relevant dimensions that characterize the Tunisian labor market, namely the distinction between the public sector, formal and informal employment. The chapter investigates how individual characteristics are correlated with the probability of working in different types of employment; it provides an overview of recent trends in wages and of conditional wage gaps along a number of dimensions (men/women, public/private, formal/informal employment); and it illustrates how wage workers with different characteristics, in particular different educational endowments, benefit from the labor market. Finally, building on the findings of Chapter 1, Chapter 4 examines recent trends in the patterns of structural and spatial transformation along the employment and firm dimension. It provides an overview of the firm landscape in terms of size, industrial sector, geographical area as well as recent trends in firms' performance, dynamics, labor decisions and capital investments, as well as constraints and opportunities firms face
    DOI: 10.1596/38381
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    Accelerating Paraguay's International Integration through Enhanced Trade, Investment and Competition Policies (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Economic and Sector Work Reports
    Keywords: Economic Inclusion ; International Economic Integration ; International Economics and Trade ; National Social Protection System ; Social Protections and Labor ; Trade Policies
    Abstract: This report seeks to inform the policy dialogue on how to accelerate Paraguay's international economic integration and in turn its medium- and long-term growth prospects. It benchmarks Paraguay's global integration; analyzes trade, investment and competition policies and the quality of related institutions; and provides recommendations for strengthening them and accelerating the country's global connection. Chapter 2 benchmarks Paraguay's trade outcomes along several dimensions, including export diversification, quality upgrading and export survival, and Chapter 3 follows with an analysis of how trade policies and the quality of the institutional framework are affecting trade performance and identifies opportunities for improvements. It also estimates the impact of the MERCOSUR-European Union (EU) Free Trade Agreement on Paraguay. Chapter 4 focuses on FDI patterns and the strengths and shortcomings of the supporting FDI policy framework to help integrate in regional and global value chains. Chapter 5 examines competition challenges in Paraguay's markets that could be affecting trade and FDI attraction and provides recommendations for strengthening competition policies and institutions. The preparation of this report has benefitted from the analysis of multiple data sources as well as extensive consultations with stakeholders from the private and public sectors
    DOI: 10.1596/38365
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    Lebanon Economic Monitor, Fall 2021 : The Great Denial (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Business Cycles and Stabilization Policies ; Economic Growth ; Fiscal and Monetary Policy ; Inflation ; Macroeconomics and Economic Growth ; Monetary Policy
    Abstract: The scale and scope of Lebanon's deliberate depression are leading to the disintegration of key pillars of Lebanon's post-civil war political economy. Monetary and financial turmoil along with surging inflation continue to drive crisis conditions. Public finances improved in 2021 as spending collapsed faster than revenue. Lebanon urgently needs to adopt and implement a credible, comprehensive, equitable reform plan if it is to avoid a complete destruction of its social and economic networks and immediately stop irreversible loss of human capital
    DOI: 10.1596/36862
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    Tunisia Economic Monitor, Winter 2021 : Economic Reforms to Navigate Out of the Crisis (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Business Cycles and Stabilization Policies ; Coronavirus ; COVID-19 ; Debt ; Disease Control and Prevention ; Economic Growth ; Fiscal and Monetary Policy ; Health, Nutrition and Population ; Macroeconomics and Economic Growth ; Poverty Reduction ; Public Debt ; Public Sector Development ; Unemployment
    Abstract: The Economic Monitor examines four possible factors behind Tunisia's slow recovery. First, the drop in mobility related to the pandemic may have been more harmful in Tunisia. However, mobility in Tunisia has dropped to a similar extent as other countries and it has now returned to pre-pandemic levels following the acceleration in the vaccination campaign since July. If anything, the mobility drop in Tunisia has resulted in a lower reduction in economic activity than in comparator countries as Algeria and Egypt. Second, it could be that the level of public support to the ailing firms and households may have been particularly low. However, at 2.3 percent of GDP, the Covid-19 stimulus package in 2020 was in the same ballpark as other comparators in the region. Third, the structure of the Tunisian economy, particularly its reliance on tourism, may have exposed it to the negative demand shock more than other countries. Indeed hotels, cafe and restaurant and transport are the sectors which have contracted the most since the start of the pandemic. The losses of these sectors explain a significant portion of the negative effects of the crisis in Tunisia, although they do not fully account for such slow recovery
    DOI: 10.1596/36861
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    South Sudan Economic Monitor, February 2022 : Towards a Jobs Agenda (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Access of Poor To Social Services ; Business Cycles and Stabilization Policies ; Conflict ; Conflict and Development ; Economic Growth ; Employment ; Employment and Unemployment ; Financial Sector ; Fiscal and Monetary Policy ; Inflation ; Job Creation ; Living Standards ; Macroeconomics and Economic Growth ; Peacebuilding ; Poverty Reduction ; Social Protections and Labor ; Trade
    Abstract: South Sudan faced significant headwinds in FY2020/21, with the pandemic, floods, and violence flareups affecting economic activities. Consequently, the economy is estimated to have contracted by 5.4 percent in FY2020/21. Oil production declined by 5.9 percent as floods affected production and the COVID-19 pandemic delayed new investments to replace exhausted wells. In the agriculture sector, flooding precipitated estimated losses of 38, 000 tons of cereals (4.3% of 2020 production) and 800, 000 livestock according to FAO estimates. The overall cereal deficit was projected to reach 465, 610 metric tons in 2021, equivalent to about 35 percent of the overall food requirement for the year, sustaining high levels of food insecurity. Living conditions continue to be impacted by violence, displacement, and inadequate access to basic services. With improving macroeconomic conditions supported by an ongoing macro-fiscal reform program, a modest growth rebound of 1.2 percent is projected in FY2021/22. Nevertheless, poverty levels are expected to remain exceptionally high. As the economy recovers from multiple shocks, a focus on policy options to stimulate the creation of a sufficient number of quality jobs to absorb a young and expanding labor force should take center stage. Economies that create jobs, particularly for the youth, are generally more stable and can elevate public confidence in the Government's capacity to deliver. In South Sudan, an effective jobs support program would invest in immediate livelihood support, the recovery of modest business activities, and the revival of markets
    DOI: 10.1596/36994
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    A Better Future for All Nigerians : Nigeria Poverty Assessment 2022 (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Keywords: Climate Shocks ; Employment and Unemployment ; Information and Communication Technologies ; Labor Markets ; Poverty Assessment ; Poverty Reduction ; Social Protections and Labor
    Abstract: This poverty assessment lays out the broad development challenges that Nigeria faces, which constrain the country's poverty reduction. The discussion provides the backdrop for the detailed analysis presented in later parts of the report. First, the introductory section links Nigeria's macroeconomic performance with its prospects for poverty reduction, emphasizing that the country may be struggling to stimulate inclusive growth: that is, growth that would benefit Nigerians across the welfare distribution. Second, the section examines the proliferating climate and conflict shocks that Nigeria faces, which further complicate poverty reduction. Third, the section describes how the "double shock" of COVID-19 has affected Nigeria, through both health and economic impacts and discusses the recent acceleration in inflation. Finally, this introduction considers Nigeria's data landscape, explaining how new microdata offer vital insights into the country's pathways out of poverty
    DOI: 10.1596/37295
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    Managing Environmental and Social Risks in Resilient Housing Projects (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Urban Study
    Keywords: Health and Sanitation ; Health, Nutrition and Population ; Inequality ; Poverty Reduction ; Risk Management ; Social Development ; Urban Housing and Land Settlements
    Abstract: Resilient Housing (RH) initiatives are a crucial means of improving access to safe and sanitary housing in urban areas of high vulnerability. These projects make residents safer, healthier, and more secure, and increase the economic inclusion of the world's poorest populations. They upgrade homes, improve neighborhoods, and change lives. Like all investment projects, RH initiatives carry with them some risks and may impact the lives of community members in the project area. The note briefly introduces RH initiatives, describes their unique approach to project design, and touches on the possible risks occasioned by RH projects. It then explores the many ways in which RH initiatives closely align with the objectives and technical requirements embedded in the World Bank's Environmental and Social Framework (ESF), which went into effect on October 1, 2018. The ESF lays out a comprehensive approach to identifying and managing environmental and social risks and minimizing potential impacts. The goals and requirements of RH initiatives and the ESF complement one another, and this note will describe how this mutually supportive relationship creates desirable outcomes that achieve the objectives of both, despite occasional trade-offs. Using recent operational experience as a guide to best practices, the note's final section provides recommendations for Task Team Leaders responsible for managing RH projects on how to apply the ESF to their projects to minimize risk and maximize project impact
    DOI: 10.1596/37255
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    Disability Inclusion in Disaster Risk Management : Assessment in the Caribbean Region (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Social Analysis
    Keywords: Disability ; Diversity ; Human Capital ; Social Protections and Labor
    Abstract: Persons with disabilities make up just one of many groups in society that are systematically marginalized and disadvantaged. Gender, ethnic and religious diversity, poverty, age, homelessness, levels of education and literacy, gender preference and diversity, and geographic isolation are just some of the characteristics that can define social exclusion. The World Bank and the Global Facility for Disaster Reduction and Recovery (GFDRR), with support from the Canadian government, have established the Canada-Caribbean Resilience Facility (CRF) as a single-donor trust fund aimed at achieving more effective and coordinated gender-informed climate-resilient preparedness, recovery, and public financial management practices in nine targeted CRF-eligible countries. The CRF is supporting, disability inclusive disaster risk management (DRM) as an essential element in building this societal resilience. The primary purpose of this assessment is to understand gaps better in the inclusion of persons with disabilities in national disaster risk management (DRM) and climate resilience (CR) processes and strategies in Antigua and Barbuda, Belize, Dominica, Grenada, Guyana, Jamaica, Saint Lucia, Saint Vincent and the Grenadines, and Suriname. The report is based on the recognition that collectively people with disabilities are systematically marginalized and excluded from full and equal participation in society and societal processes. Primarily, the reasons are barriers to access that are both structural and nonstructural. These barriers can be removed or mitigated through effective social policy, implementation of existing norms and standards, and public will. The assessment will provide recommendations that make preparedness and recovery efforts more disability inclusive
    DOI: 10.1596/37173
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    Kosovo : Systematic Country Diagnostic Update (2022)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Systematic Country Diagnostics
    Keywords: Energy ; Energy Demand ; Fiscal and Monetary Policy ; Inequality ; Macroeconomics and Economic Growth ; Poverty Diagnostics ; Poverty Reduction
    Abstract: This Systematic Country Diagnostic (SCD) examines the current constraints and policy priorities for Kosovo to achieve the Twin Goals of eradicating poverty and accelerating shared prosperity. This report follows on the first SCD, completed in 2017, which highlighted fiscal policy, competitiveness, inclusion, and environmental sustainability as priorities for sustainable poverty reduction and shared prosperity. Today, many challenges identified in the 2017 SCD continue to hamper Kosovo's progress and several structural weaknesses could worsen due to the pandemic, climate change, and the energy transition. In this sense, this SCD is conducted as an 'update,' as it largely maintains the conceptual framework in the previous SCD, describes how the structural conditions identified in it have evolved, and proposes a revised set of development priorities for the next five years. Today, many challenges identified in the 2017 SCD continue to hamper Kosovo's progress and several structural weaknesses could worsen due to the pandemic, climate change, and the energy transition. In this sense, this SCD is conducted as an 'update,' as it largely maintains the conceptual framework in the previous SCD, describes how the structural conditions identified in it have evolved, and proposes a revised set of development priorities for the next five years
    DOI: 10.1596/37486
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    Deep-Dive on Malaysia's Digital Services Trade : The Malaysia Development Experience Series - March 2022 (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Investment Climate Assessment
    Keywords: E-Business ; Information and Communication Technologies ; Information Technology ; Infrastructure Investment ; Private Sector Development ; Skills Development and Labor Force Training ; Social Protections and Labor
    Abstract: The rapid expansion of digital technologies around the world has impacted many economic and social activities with increasingly reliable and fast Internet connectivity changing how people communicate, work, and live. Digital services have also played an important role in keeping the world connected and economies running during the COVID-19 pandemic. It is therefore crucial that countries implement proactive polices to become more digitalized and target the creation of an inclusive digital economy in order to foster sustainable and inclusive economic growth. Cross-border data transfer regulations also play an important role in supporting trade in digital services. The Malaysia digital economy report produced by the World Bank in 2018 examined three interrelated issues that are closely aligned with Malaysia's own goal of becoming an e-commerce hub for the region. Building on this research agenda, this deep dive seeks to explain how the role of digital services trade can be enhanced to contribute to Malaysia's competitiveness and integration into the global marketplace. The paper is structured as follows: section one gives introduction and context. Sections 2 and 3 benchmarks Malaysia's digital preparedness (for example, in terms of Internet penetration ratios) against its structural, aspirational, and regional peers. Section 4 assesses the performance of Malaysia's digital services trade and digital economy, including in sub-sectors such as e-commerce and FinTech which are both important elements of digitalization. Section 5 discusses the constraints to deeper integration and development of the digital sector in the Malaysian economy. Section 6 presents the main findings and makes policy recommendations
    DOI: 10.1596/37460
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    Lebanon Public Finance Review : Ponzi Finance? (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Financial Sector Study
    Keywords: Economic Growth ; Fiscal and Monetary Policy ; Fiscal Policy ; Macroeconomics and Economic Growth
    Abstract: The Public Finance Review (PFR) analyzes Lebanon's public finances over a long horizon, to understand the roots of the fiscal profligacy and its eventual insolvency. To do so, the PFR links three critical elements in three Sections. Section I: Fiscal Policy in the Second Republic; Section II: Macro-Financial Restructuring; Section III: Public Service Non-Delivery. A fourth critical element is geopolitics, which is beyond the scope of the PFR. Taken together, these form critical determinants of the outcomes for any future socio-political-economic re-configuration
    DOI: 10.1596/37824
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    COVID-19 in Solomon Islands - Economic and Social Impacts : Insights from the January-February 2022 Round of High Frequency Phone Surveys (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Economic and Sector Work Reports
    Keywords: Agriculture ; Civil Society ; Employment and Unemployment ; Food Security ; Health Policy and Management ; Health, Nutrition and Population ; Social Development ; Social Protections and Labor
    Abstract: This report focuses on the socio-economic impacts of Coronavirus (COVID-19) in Solomon Islands. The fourth round of the high frequency phone survey (HFPS) interviewed 2,671 households in January-February 2022 on the socio-economic impacts of Coronavirus (COVID-19), including employment and income, community trust and security and COVID-19 vaccination. The January-February 2022 round occurred at the onset of the first wave of COVID-19
    DOI: 10.1596/37722
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    Jordan Economic Monitor - Spring 2022 : Global Turbulence Dampens Recovery and Job Creation (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Economic Forecasting ; Employment and Unemployment ; Fiscal and Monetary Policy ; Job Creation ; Macroeconomics and Economic Growth ; Poverty Monitoring and Analysis ; Poverty Reduction ; Social Protections and Labor ; Urban Development
    Abstract: Jordan's economy achieved a relatively strong rebound, registering 2.2 percent growth in 2021. The nascent recovery was led by a broad-based expansion of the services and industrial sectors, while the rebound in the travel and tourism also exceeded expectations. This robust economic recovery was supported by accommodative but prudent monetary and fiscal policy along with a recovery in domestic demand and the gradual reopening of the economy. However, the recovery of some subsectors, particularly contact-intensive services continues to lag behind pre-pandemic level, leading to weak recovery in jobs, especially among the Jordanian youth. Moreover, the underlying improvement in domestic demand amid an unprecedented increase in the global commodity prices has kept the current account deficit elevated for another year. Nonetheless, Jordan ended 2021 on a strong footing as Central Bank's gross foreign reserves remained at a comfortable level, on the back of strong multilateral and bilateral support. Meanwhile, the Central Government resumed its fiscal consolidation path, aided by strong growth in both tax and non-tax revenues. The Jordanian economy is expected to sustain recent momentum during 2022, aided by a full opening of the economy and a return in tourism and travel which is anticipated to boost Jordan's services sector. However, persistent global headwinds, including rising international commodity prices, global supply chain bottlenecks, negative spillovers from Russian invasion of Ukraine, and Fed tapering, pose major downside risks to Jordan's economic outlook. Thus, a private sector driven growth and investment reform agenda needs to be put in place immediately which can help Jordan manage turbulence and uncertainty better
    DOI: 10.1596/37748
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    From the Last Mile to the Next Mile : 2022 Vietnam Poverty and Equity Assessment (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Poverty Assessment
    Keywords: Climate Change ; Development Patterns and Poverty ; Equity ; Inequality ; Living Standards ; Market Economy ; Poverty ; Poverty Assessment ; Poverty Reduction
    Abstract: Vietnam is a country on the move and in transition. Indicators are pointing in the right direction, with many positive economic and social developments. The amount of progress that Vietnam has achieved in less than half a century since emerging from a war has been nearly without parallel. At the same time, Vietnam is a lower-middle-income country facing a challenging and uncharted road ahead to reaching upper-middle and high-income country levels in a shifting global economic and climatic landscape. In less than half a century since the end of the Vietnam War and thirty-five years since the Doi Moi reforms, Vietnam has become a vibrant economy and a sought-after market to the outside world. At the same time, despite remarkable progress, poverty remains a key concern among the population. Concerns over poverty amid high economic growth are not inconsistent; together they illustrate an absolute and inclusive rise in living standards, but also a population that seeks economic security and aspires for more. This Vietnam poverty and equity assessment is organized into two parts motivated by addressing both Last Mile and Next Mile issues: Part I reviews poverty and inequality trends over the last decade, 2010-2020; and Part II assesses opportunities for and challenges to Vietnam's path to achieving its Next Mile aspirations and creating greater prosperity for households and workers
    DOI: 10.1596/37952
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    Digital Economy for Latin America and the Caribbean : Country Diagnostic - El Salvador (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Infrastructure Study
    Keywords: Digital Divide ; Information and Communication Technologies ; Skills Development and Labor Force Training ; Social Protections and Labor
    Abstract: The widespread adoption of digital technologies is transforming how individuals, businesses, and governments interact, as well as creating new opportunities for boosting shared prosperity and reducing poverty. Digital technologies are playing an increasingly important role in El Salvador's economic development and will play an even larger role as the global economy continues to digitize. Digital transformation can help El Salvador address its persistent growth challenges and explore new avenues toward green, resilient, and inclusive development. This report builds on the strategic priorities of the digital agenda (DA) 2020-2030, assesses the state of digital economy development in El Salvador, and provides detailed analysis and policy recommendations to inform the reform agenda in the country. The report provides a comprehensive overview El Salvador's digital economy development across six foundational elements of a digital economy: digital infrastructure, digital platforms, digital financial services, digital businesses, digital skills, and trust environment. The diagnostic and recommendations are based on analysis of secondary data, structured interviews, surveys, and focus group discussions with key government and private sector stakeholders. The findings of the report are organized in six chapters - each dealing with a pillar of the digital economy. Policy recommendations are presented in the form of sequenced action plans that can inform relevant efforts by national authorities, the private sector, and development partners. The report summarizes the main findings on each digital economy pillar
    DOI: 10.1596/37886
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    Papua New Guinea Economic Update, September 2022 : Benefiting From High Commodity Prices (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Keywords: Economic Development ; Economic Forecasting ; Economic Growth ; Economic Insecurity ; Fiscal and Monetary Policy ; Human Capital ; Macroeconomics and Economic Growth ; Monetary Policy ; Per Capita Income
    Abstract: The Special Focus for this issue is on long-term growth, emphasizing the challenges PNG is facing. The chapter identifies the underlying challenges of low and volatile growth in the country and aims at starting a public discussion to better understand the problems and, thus, contribute to finding solutions. The modest headline economic growth in PNG has translated into meager per capita income growth in the past four decades. While the economy expanded by 3.2 percent on average during 1980-2021, per capita GDP recorded an average annual growth rate of only 0.9 percent. The gap in per capita income level compared to peer countries has typically widened. Despite being at a similar level of development in the 1970s and some progress gained in the early 1990s, PNG's income level is diverging away from the EAP region. This calls for a renewed policy focus on boosting economic growth. A new growth strategy would need to address the three interrelated growth challenges that the economy is facing: (i) excessive macroeconomic volatility; (ii) low productivity growth; and (iii) excessive reliance on natural capital and not enough on human and institutional capital
    DOI: 10.1596/38026
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  • 75
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    Charting a Course Towards Universal Social Protection : Resilience, Equity, and Opportunity for All (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Equity ; Finance and Financial Sector Development ; Financial Sector and Social Assistance ; Labor Standards ; Social Development ; Social Inclusion and Institutions ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: Charting a Course Towards Universal Social Protection: Resilience, Equity, and Opportunity for All, known as the Social Protection and Jobs Compass updates the World Bank strategy for social protection amid rapid change both within the sector and beyond. The Compass puts at its heart the vision of universal social protection. It recognizes that the progressive realization of universal social protection, which ensures access to social protection for all whenever and however they need it, is critical for effectively reducing poverty and boosting shared prosperity
    DOI: 10.1596/38031
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  • 76
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    Mongolia 2020 Poverty Report : A Decade of Progress and Stagnation in Poverty Reduction (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Poverty Assessment
    Keywords: COVID-19 ; Inequality ; Poverty Assessment ; Poverty Diagnostics ; Poverty Reduction ; Social Development
    Abstract: Mongolia made notable strides in reducing poverty from 2010 to 2014, but the pace of poverty reduction slowed significantly after the 2016 economic recession. The trend of declining inequality and inclusive growth seen in the first half of the decade changed course in the latter half. Greater urbanization and narrowing geographical disparities in poverty have meant that the poor have become increasingly concentrated in urban centers, especially Ulaanbaatar. Economic volatility and uncertainty together with restrictions on face-to-face services may have led to an increase in precautionary saving among households, particularly during the Coronavirus disease 2019 (COVID-19) pandemic. An additional issue related to the measurement of consumption in 2020 specifically is the survey-to-survey imputation approach that was used to estimate poverty and the consumption distribution due to changes in the household socio-economic survey (HSES) questionnaire. Finally, despite significant increases, social transfers have had only modest success in reducing poverty due to targeting inefficiencies. The 2020 HSES shows that impacts to employment in 2020 were not significant until the final quarter, with workers in urban areas and in the service sector more likely to be affected. While subsequent surveys will provide a clearer picture of the longer-term impacts of the pandemic, signs of potentially lasting and unequalizing effects have emerged after 2020
    DOI: 10.1596/38003
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  • 77
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    Fiscal Decentralization in Croatia : Fiskalna Decentralizacija u Hrvatskoj (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Financial Sector Study
    Keywords: Decentralization ; Fiscal and Monetary Policy ; Law and Development ; Macroeconomics and Economic Growth ; Public Sector Development ; Tax Law ; Taxation and Subsidies
    Abstract: The problems in Croatia's fiscal decentralization system have long been recognized. The fragmented territorial-administrative structure, fiscal decentralization efforts with insufficient fiscal autonomy, inconsistent public service standards, unbalanced sources of revenue, and doubts about the introduction of real estate taxes are just some of the concerns. However, there is often no consensus on the possible ways to address them. Compounding the problem is the fact that the recent and still ongoing tax reform, due to its tax relief element, has created the need to compensate subnational governments for the losses of revenues. The COVID-19 pandemic has increased the significance of these issues as the lockdown measures have had a strong negative impact on the existing revenue sources, such as personal income taxes (PITs), of many local and regional government units (LRGUs). At the same time, it may be that the current crisis has created the preconditions and opportunity needed for the government to finally implement reforms in support of fiscal decentralization and more effective financing of subnational governments, reforms that have long been postponed due to political reasons and a lack of popular support. These reforms include addressing the fragmentation of local governments, providing a clearer and more appropriate assignment of functional responsibilities, improving the fiscal equalization system by including the fiscal expenditure needs component, and introducing a working property tax. All of these ideas have long been debated, but there are many reasons to believe that the time is right for at least some of them to be implemented. This report provides a comprehensive overview of the major challenges and options for reform in several critical areas of Croatia's fiscal decentralization system, including: (i) the vertical structure of government, (ii) expenditure responsibilities, (iii) taxation and revenue autonomy, (iv) intergovernmental transfers, (v) borrowing and debt, and (vi) asset management
    DOI: 10.1596/38261
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  • 78
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    Turkiye in Transition Next-Generation Human Capital Investments for Inclusive Jobs : Next-Generation Human Capital Investments for Inclusive Jobs (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Keywords: Job Creation ; Labor and Employment Law ; Labor Markets ; Labor Policy ; Law and Development ; Skills Development and Labor Force Training ; Social Protections and Assistance ; Social Protections and Labor ; Vocational and Technical Education
    Abstract: Turkiye's long-standing human capital achievements can propel it to the next generation following COVID. Similar to comparable countries emerging from COVID, Turkiye's readiness to address three key challenges and opportunities to human capital investments will prove key to an inclusive, green recovery: equitable coverage, fiscal capacity, and, importantly, adaptability to a changing labor market. The aim of this policy note is to examine the relative efficiency and equity of public expenditures and policies for human capital and labor markets over the past decade in Turkiye in preparing for a post-COVID, inclusive, green transition. The work adopts a thematic conceptual framework that frames social expenditures holistically along the life cycle as investments in human capital for boosting equity and productivity. The adapted framework takes a holistic approach and focuses on selected inter-related dimensions linking the cycle of social investments, human capital and jobs
    DOI: 10.1596/38249
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  • 79
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    Fiscal Transparency During the COVID-19 Emergency : Bosnia and Herzegovina, North Macedonia, and Serbia (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Keywords: Corruption ; COVID-19 ; Economic Growth ; Fiscal and Monetary Policy ; Macroeconomics and Economic Growth
    Abstract: The speed, reach, and magnitude of the Coronavirus (Covid-19) pandemic sent a shockwave around the globe that tested the capacity of Public Finance Management (PFM) systems to support governments' responses to crises. Fiscal transparency was not a foremost priority for decisionmakers during the crisis as they sought to put in place emergency measures with imperfect information and under rapidly changing conditions. This report, which complements existing public budgeting assessments that apply internationally recognized PFM frameworks on a regular basis, presents a comparative analysis focused upon experiences with and lessons about fiscal transparency in three countries in the Western Balkans - Bosnia and Herzegovina (BiH), North Macedonia and Serbia. It includes examples of good practices that were deployed in various countries within the region and beyond during their response to Covid-19. In doing so, it aims to distil lessons and provide recommendations about what could be done better in preparation for and during future emergency events
    DOI: 10.1596/38302
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  • 80
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    Policy Brief : Economic Shocks and Human Trafficking Risks; Evidence from IOM's Victims of Human Trafficking Database (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Crime and Society ; Human Trafficking ; Labor Markets ; Poverty and Trade ; Sex Workers ; Social Development ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: This policy brief presents the main findings of the report "Economic Shocks and Human Trafficking Risks. The report focuses on risk factors that are expected to increase the vulnerability to human trafficking from and within origin countries such as economic shocks, measured by large, discrete changes to export commodity prices and to GDP. It also explores the role that institutions play through enforcing the rule of law, providing access to justice, and implementing anti-trafficking policies, as protective factors that could weaken the link between economic shocks and an increase in human trafficking. The analysis verifies that economic shocks are significant risk factors that increase vulnerability to human trafficking. In origin countries, economic vulnerabilities, especially those caused by global commodity price shocks, are strongly positively correlated with observed cases of trafficking. For instance, the economic shock produced by a typical decrease in export commodity prices is associated with an increase in the number of detected victims of trafficking of around 12 percent. The analysis suggests that good governance institutions and particularly a commitment to the rule of law and access to justice as well as stricter anti-trafficking policies and social assistance can have a limiting effect on the number of observed cases of trafficking following economic shocks
    DOI: 10.1596/37257
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    Disability-Inclusive Health Care Systems : Technical Note for World Bank Task Teams (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Health Study
    Keywords: Disability ; Health Indicators ; Health Policy and Management ; Health Systems Development and Reform ; Health, Nutrition and Population ; Social Protections and Labor
    Abstract: The objective of this Technical Note is to provide task teams and task team leaders (TTLs) with tools for designing and delivering health care services that are inclusive of disability. More specifically, the ambition of this Technical Note is to improve awareness and skills of TTLs and other World Bank employees toward recognizing the rights of persons with disabilities to receive equitable health care from the outset, to help drive demand from governments, and to identify concrete actions to promote disability-inclusion in health service delivery. The guide provides the rationale for disability inclusion, tips for engaging in dialogue, information and examples on disability-inclusive practices and operations, and specific guidance on integrating disability into health service programming and delivery supported by the World Bank
    DOI: 10.1596/38353
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    Breaking Barriers : Female Entrepreneurs Who Cross Over to Male-Dominated Sectors (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Women in Development and Gender Study
    Keywords: Gender ; Inequality ; Poverty Reduction ; Private Sector Development ; Private Sector Economics ; Small and Medium Size Enterprises
    Abstract: The report focuses on sectoral choice as one of the contributors to the gender gap in firm performance. It explores the difference in profits among female entrepreneurs who cross over into male-dominated sectors (MDS) compared to those who remain in traditionally female-concentrated sectors (FCS). The report provides a snapshot of the factors associated with being a female entrepreneur who crosses over to MDS, including the most salient cross-country ones that are associated with breaking into and surviving in these sectors. Based on this analysis, it offers evidence-based programs and policies which can support women to cross over into more profitable sectors and contribute to their business performance more generally. The studies in this report were conducted across three regions and in ten countries (Sub-Saharan Africa: Botswana, Uganda, Ethiopia, and Guinea, in Latin America and the Caribbean: Peru and Mexico, and in East Asia and Pacific: Cambodia, Lao People's Democratic Republic (PDR), Vietnam, and Indonesia). The report also draws from the findings of the global multi-country future of business survey of entrepreneurs carried out through a social media platform
    DOI: 10.1596/36940
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    Rwanda Economic Update, January 2022, Edition No. 18 : Boosting Regional Integration in the Post-COVID Era (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Business Cycles and Stabilization Policies ; Coronavirus ; COVID-19 ; Economic Growth ; Economic Recovery ; Fiscal and Monetary Policy ; Inequality ; Macroeconomics and Economic Growth ; Poverty Reduction
    Abstract: Global economic growth has picked up in 2021 and has now surpassed its pre-pandemic level. The National Bank of Rwanda (NBR) has maintained an accommodative monetary stance and other measures to support the recovery, taking advantage of low inflation. The government's continued fiscal expansion is also providing support to the economy. Regional integration offers significant benefits for Rwanda, including greater potential for scale economies, opportunities for learning to export and produce higher-quality goods, and cooperation to improve trade facilitation. Regional trade will be enhanced by boosting trade with non- East African Community (EAC) members. The African continental free trade area (AfCFTA) can boost growth and trade integration. The development of Rwanda as a regional logistics hub, serving as an intermediating node between the East and Central Africa regions offers prospects to increase revenues and generate efficiency gains through the concentration of logistics services. The white paper on logistics and distribution services strategy for Rwanda, prepared with the support of the World Bank, laid out a two-phase strategy for the rollout of Rwanda as regional logistic hub. This involved: (i) improving the efficiency of Rwanda's role as a land-bridge for re-exports to Goma in Democratic Republic of Congo (DRC); and (ii) establishing a regional logistics hub in Rwanda linked to a primary multi-modal hub at Kisangani and a secondary multi-modal hub at Kindu
    DOI: 10.1596/36928
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    Cox's Bazar : Inclusive Growth Diagnostic (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Keywords: Educational Attainment ; Employment ; Employment and Unemployment ; Household Income ; Living Standards ; Macroeconomics and Economic Growth ; Migration ; Poverty ; Poverty Reduction ; Remittances ; Social Protections and Labor
    Abstract: The district of Cox's Bazar, in southeastern Bangladesh, is an instructive context to understand how long-standing and newer growth opportunities and constraints manifest at the local level, remote from Bangladesh's major growth poles of Dhaka and Chittagong. Potentially exacerbating Cox's Bazar's pre-existing development challenges, the district is hosting a large influx of displaced Myanmar nationals (Rohingya). More than 884,000 people have crossed into Bangladesh from Myanmar, the vast majority since August 2017, more than doubling the population living in the Cox's Bazar upazilas of Teknaf and Ukhia, which had higher poverty rates than the rest of the district prior to the arrival of Rohingya
    DOI: 10.1596/36841
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    Europe and Central Asia Economic Update, Spring 2022 : War in the Region (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (118 pages)
    Series Statement: Europe and Central Asia Economic Update
    Parallel Title: Erscheint auch als
    Keywords: Economic Forecasts ; Economic Impact ; Food Insecurity ; Inequality ; Poverty ; War ; War Conflict
    Abstract: In February 2022, the world was shocked by the Russian Federation's invasion of Ukraine. The war is having a devastating impact on human life and causing economic destruction in both countries, and will lead to significant economic losses in the Europe and Central Asia (ECA) region and the rest of the world. It comes at a particularly vulnerable time for ECA as its economic recovery was expected to be held back by scarring from the pandemic and lingering structural weaknesses. The economic impact of the conflict has reverberated through multiple channels, including commodity and financial markets, trade and migration links, and the damaging impact on confidence. Moreover, the war has added to mounting concerns about a sharp global slowdown, surging inflation and debt, and a spike in poverty levels. Neighboring ECA countries are likely to suffer considerable economic damage because of their strong trade, financial, and migration links with Russia and Ukraine. The war is also causing a destabilizing wave of refugees, financial stresses in vulnerable countries, runaway inflation expectations, and food insecurity. A protracted conflict could further heighten policy uncertainty and fragment critical trade and investment networks
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  • 86
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    Mongolia Economic Update : Navigating Stronger Headwinds - Fiscal Sustainability of the Mongolian Pension Scheme (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Access To Markets ; Economic Forecasting ; Economic Recovery ; Fiscal and Monetary Policy ; Fiscal Policy ; Labor Markets ; Macroeconomics and Economic Growth ; Pensions and Retirement Systems ; Social Protections and Labor
    Abstract: The report provides recent macroeconomic developments, outlook, and risks that Mongolia faces. The timing of the release of this report is ideal considering that, the Mongolian economy, which was recovering from the COVID-19 on the back of a successful vaccination program and income support, faced new challenges due to tightening of global financing conditions, triggered by a surge in inflation in advanced economies. This development complicates Mongolia's repayment of its large external debt. Mounting instability and heightened risks call for adjustments in macroeconomic policies. The report also includes a special topic on fiscal sustainability of the Mongolian pension scheme. A series of parametric reforms are recommended to improve the financial sustainability of the current pensions system, which relies heavily on budget subsidy. Produced in collaboration with the SPJ team, this discussion was timely considering a forthcoming pension reform to improve Mongolia's long-term fiscal sustainability
    DOI: 10.1596/37373
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    Chad Systematic Country Diagnostic : Boosting Shared Prosperity in a Landlocked Country Beset by Fragility and Conflict (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Systematic Country Diagnostics
    Keywords: Access To Education ; Adaptation to Climate Change ; Climate Change ; Economic Growth ; Environment ; Gender ; Human Capital ; Infrastructure Economics and Finance ; Infrastructure Finance ; Labor Markets ; Macroeconomics and Economic Growth ; Social Protections and Labor
    Abstract: Chad remains among the least developed countries in the world, and its GDP per capita has contracted since 2015. Its gross domestic product (GDP) per capita (in constant 2010 US dollars) was US
    DOI: 10.1596/37800
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    Maldives Development Update : Navigating Choppy Seas (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Economic Growth ; Financial Sector ; Fiscal and Monetary Policy ; Fiscal Policy ; Inflation ; Macroeconomics and Economic Growth ; Monetary Policy ; Poverty
    Abstract: Driven by a rebound in tourism, Maldives' economy recovered sharply in 2021, and poverty is expected to return to pre-pandemic levels by 2023. In 2020, the outbreak of COVID-19 hit international travel and tourism severely and, thus, caused a 33.5 percent contraction in Maldives' GDP. However,following a successful nationwide government vaccination campaign, tourism has begun to recover strongly in the second half of 2021, with arrivalsreaching 1.3 million in 2021 or about 78 percent of prepandemic levels. As a result, GDP growth is estimated to have bounced back by 31 percent in 2021. All sectors, except for construction which remains sluggish, showed a significant rebound, particularly in the second quarter of 2021 due to the low base effect. The poverty rate, which rose sharply to 11 percent in 2020 due to the COVID-19 pandemic, is estimated to have fallen to 4 percent in 2021. External imbalances improved along with the economic recovery and rebound in tourism. While vulnerabilities remain, the fiscal and debtposition has likely improved in 2021 due to strong revenue growth. Although the economy is expected to grow strongly in the medium-term, the ongoing Russia-Ukraine war could impact Maldives' tourism recovery and growth in the near term. The impact of the Russia-Ukraine war will depend on the period of interruption and whether tourists from other countries can compensate for the loss
    DOI: 10.1596/37662
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  • 89
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    Maldives Public Expenditure Review : Restoring fiscal health (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Keywords: Finance and Financial Sector Development ; Gender ; Gender and Public Expenditures ; Infrastructure Economics and Finance ; Infrastructure Finance ; Social Funds and Pensions ; Social Protections and Labor
    Abstract: How the government of Maldives chooses to spend state revenues has consequences for the country's future Decisions on what, where, how, and how much governments spend on have a significant impact on a country's growth and development. Allocating resources efficiently and effectively across atolls can ensure that all Maldivians, no matter where they live, have good access to services. The Maldives Public Expenditure Review (MPER) aims to help the government identify reforms to reduce fiscal and debt vulnerabilities and thus ensure a more secure, sustainable, and inclusive future. Although Maldives has bounced back strongly from the Coronavirus (COVID-19) pandemic, the shock has illuminated longstanding vulnerabilities in the tourism-dependent economy. With public and publicly guaranteed debt at unprecedented levels, any sudden stop in external financing and/or a materialization of fiscal risks, such as from natural disasters, climate change, or a bailout of state-owned enterprises (SOEs) could lead to a costly and sudden macroeconomic crisis. To avoid such a situation in Maldives, the MPER recommends policy actions in several expenditure areas, namely: (i) public infrastructure, (ii) health, (iii) SOEs, (iv) public housing, (v) the public sector wage bill and (vi) pensions
    DOI: 10.1596/37879
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    The Role of Digital in the COVID-19 Social Assistance Response (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Keywords: ICT Policy and Strategies ; Information and Communication Technologies ; Poverty Reduction ; Services and Transfers to Poor ; Social Protections and Labor
    Abstract: The COVID-19 pandemic resulted in vast numbers of people in need of social assistance, many of whom were not previously covered by social safety nets. To meet this unprecedented level of need, governments quickly scaled social assistance reaching over 1.7 billion people in low- and middle income countries. Scaling up social assistance presented two separate but related challenges: first, adapting targeting and registration to reach individuals not commonly included in social assistance databases, such as urban informal workers, and second, how to deliver government to person (G2P) payments safely and securely in the context of the pandemic. Countries that could leverage pre-pandemic investments in digital public infrastructure (DPI)- identification (ID), payments and trusted data sharing-were better able to implement COVID-response social assistance programs and reach more beneficiaries. This paper, analyzes the role of these DPIs, also called digital stack, in the social protection response to COVID by analyzing data on howCOVID-response social assistance programs register red and made payments to beneficiaries across178 programs across 85 countries. The analysis shows how these digital systems and infrastructure allowed for innovative targeting, registration, and payment approaches that covered a significantportion of the population. This paper uses administrative data on G2P registration and payment methods combined with anecdotal evidence from country case studies to show how pre-pandemic investments in digital databases, digital ID, and digital payments impacted countries' abilities to reach new beneficiaries and deliver payments safely in the context of the pandemic response. It further details workaround solutions implemented by countries without these assets and infrastructure in place, and how some countries were able to expand their digital infrastructure even amidst the urgency of the crisis response. The analysis concludes with suggestions as to the impact that the social assistance response to COVID-19 can have on the future of social protection payments, in terms of inspiring investments in building and strengthening G2P ecosystems globally
    DOI: 10.1596/38104
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  • 91
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    Egypt Public Expenditure Review for the Human Development Sectors (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Keywords: Cash Transfers ; Fiscal and Monetary Policy ; Macroeconomics and Economic Growth ; Poverty Reduction ; Social Development and Poverty ; Social Funds and Pensions ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: This Public Expenditure Review (PER) aims at informing government efforts to pursue its commitment to enhancing socioeconomic outcomes through more and better spending on human capital. To achieve this important objective, the Government of Egypt (GoE) aims at creating the fiscal space needed to increase growth-enhancing spending in a way that reflects positively on socioeconomic outcomes. This PER analyzes the adequacy, efficiency, and equity of public spending on the human development sectors. It examines options to create fiscal space by reducing inefficient and wasteful spending within this sector and increasing the impact of existing resources. From an equity perspective, the PER examines how public resources are distributed within the sector, and across income groups and/or geographical regions, and how system-wide reforms can reduce inequality in spending and outcomes. Drawing on a fiscal incidence analysis jointly carried out with the MOF, the distributional impact of potential fiscal measures and other policy changes is simulated to inform the reforms agenda. The first part of the review (Volume I) presents the macro-fiscal context and its constraints. It also presents an analysis of the social protection system in place to mitigate the effects of the challenging macroeconomic environment. The second part of the review (Volume II) focuses on the most difficult challenges facing the core human development sectors, namely health, education and higher education
    DOI: 10.1596/38081
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    Ukraine Rapid Damage and Needs Assessment, August 2022 (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Risk and Vulnerability Assessment
    Keywords: Armed Conflict ; Conflict and Development ; Infrastructure Economics ; Infrastructure Economics and Finance ; Post Conflict Reconstruction ; Public Sector Development ; Social Inclusion ; Social Protections and Assistance ; Social Protections and Labor ; Vulnerable Groups
    Abstract: The Russian Federation's invasion of Ukraine, which began February 24, 2022, has caused significant civilian casualties and damage to infrastructure and has taken a severe human, social, and economic toll. As a result of the war, which still continues after more than six months, dwellings and public infrastructure have been demolished or damaged, public services and economic activity have been impeded, and significant numbers of Ukrainians have been displaced from their homes. This Rapid Damage and Needs Assessment (RDNA) is part of an ongoing effort, undertaken jointly by the government of Ukraine, the World Bank, and the European Commission and supported by other partners, to take stock of Ukraine's damage and losses from the war - but just as importantly to assess the scale of economic and social needs for Ukraine's survival during the war and its prospering afterward
    DOI: 10.1596/37988
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  • 93
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    Peru Systematic Country Diagnostic Update (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Systematic Country Diagnostics
    Keywords: Adaptation To Climate Change ; Climate Change ; Environment ; Finance and Financial Sector Development ; Financial Sector and Social Assistance ; Financial Structures ; Private Sector ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: Peru's economic growth and poverty reduction slowed markedly after the end of the commodity boom. After 15 years of remarkable growth, sources of shared prosperity were drying up as the external context became less favorable. The subsequent slowdown exposed two main structural challenges documented in the Peru 2017 Systematic Country Diagnostic (SCD): low productivity in the private sector, which hindered growth and the creation of quality jobs, and the persistence of large geographic disparities in development outcomes. The first is associated with low technology adoption and innovation, which reduces export diversification and constrains the creation of better-paying jobs and income opportunities for the bottom 40 percent. The second makes it difficult for particular population groups to overcome poverty given the poor quality of services and opportunities in certain parts of the country. To achieve higher productivity from a thriving private sector and decrease spatial disparities, the first SCD identified and prioritized key micro-structural reforms aiming to improve human capital, infrastructure, and the quality of public services and to reduce market rigidities. Five years later, these development challenges not only persist but have worsened. Productivity continues to be low, offsetting other sources of economic growth. Spatial disparities also persist, with new pressures brought to urban areas by a sharp increase in Venezuelan migration. The COVID-19 shock highlighted the structural shortcomings of the Peruvian economy. The pandemic led to a significantly higher number of deaths in Peru than in the rest of the world, a sharp economic contraction, steep poverty increases, and extensive learning disruptions. Concerns over long-term impact, particularly from human capital erosion, remain. And while macroeconomic management strengths prevented an even more profound impact and aftermath effects, the COVID crisis revealed the limitation of the country's buffers and its low capacity to respond to non-financial shocks and manage social conflict. This Update to the SCD argues that the root cause of limited progress toward addressing the two development challenges of low productivity and spatial inequality lies with the weak and declining capacity of public institutions. Institutional instability has substantially increased since the first SCD, further weakening the capacity of the state to design and implement needed reforms, let alone deliver quality services across the territory. An unprecedented turnover in high-profile civil servants has fundamentally disrupted the functioning of the state. At the same time, the business environment has deteriorated. Private investments have plummeted to record low levels, and capital outflows have persisted in the context of more binding regulatory burdens, rising transaction costs, and a volatile and uncertain political context
    DOI: 10.1596/38187
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  • 94
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    Social Protection Situational Analysis : North Macedonia (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Cash Transfers ; COVID-19 ; Employment ; Employment and Unemployment ; Labor Market ; Pensions and Retirement Systems ; Poverty ; Social Analysis ; Social Development ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: North Macedonia has strengthened its social protection system through comprehensive reforms in social assistance, social services, and pensions. This note considers, based on existing evidence, the extent to which the social protection system in North Macedonia satisfies four basic principles: adequacy; balance and effectiveness; equity; and sustainability. The situational analysis note is structured as follows: section two reviews the main poverty and labor market outcomes in North Macedonia, comparing it with peers and relevant country groups. Section 3 introduces a framework to consider the performance of the social protection system and then outlines the broad characteristics of social protection in North Macedonia, by program type and expenditure. Section 4 looks at non-contributory cash transfers to support the poor, the vulnerable and persons with disabilities and assesses the recent social assistance reform. Section 5 discusses social services and assesses the changes in social services as a result of the social protection reform as well as the introduction of case management, which aims to help ensure the provision of integrated services to the poor and vulnerable. Section 6 discusses pensions. Section 7 explores employment and active labor market programs (ALMPs). Section 8 considers the recent social protection response to the Coronavirus disease 2019 (COVID-19) pandemic and section 9 concludes by offering an assessment of the main areas for reform
    DOI: 10.1596/37873
    URL: lizenzpflichtig
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  • 95
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    Indonesia's Online Vacancy Outlook : From Online Job Postings to Labor Market Intelligence 2020 (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Labor Market ; Occupations ; Skills Development and Labor Force Training ; Social Protections and Labor
    Abstract: The objective of this technical report and the accompanying skills profiles report is twofold. First, the technical report explains the methodology used to transform job postings text into OV data and in turn, illustrates how to use those data to produce labor market intelligence valuable to different users. Second, the report presents answers to questions often asked by end-users and policymakers. This work is part of a series produced by the World Bank to support the Government of Indonesia in strengthening its labor market information system (LMIS). The OVO presents the results of one of four data pilots that, if adopted by the government, will provide the information needed to fill in important data gaps and to provide key labor market intelligence services to different users. Moreover, while this work focuses on the Indonesian context, it may also inform decisions in other developing countries that are considering the utilization of these data and having concerns about their validity when there is limited access to the internet and widespread informality
    DOI: 10.1596/36947
    URL: Deutschlandweit zugänglich
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  • 96
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    Myanmar Economic Monitor, January 2022 : Contending with Constraints (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Business Cycles and Stabilization Policies ; Coronavirus ; COVID-19 ; Digital Divide ; Disease Control and Prevention ; Economic Growth ; Financial Sector ; Fiscal and Monetary Policy ; Foreign Direct Investment ; Health, Nutrition and Population ; Information and Communication Technologies ; Macroeconomics and Economic Growth ; Monetary Policy
    Abstract: Myanmar's economy continues to be severely tested by the ongoing impacts of the military coup and the surge in COVID-19 cases in 2021. While some real-time indicators have improved in recent months, they remain consistent with a much lower level of economic activity than prior to the February coup. Reported COVID-19 cases have fallen to low levels (and few reported cases of the Omicron variant as of early January 2022), while real time indicators of mobility, manufacturing activity, and exports are showing signs of recovering. On the other hand, indicators of conflict suggest that the security environment has deteriorated in many parts of Myanmar, including in states and regions which have historically been relatively peaceful. This has affected businesses' operations, logistics, confidence, and appetite to invest. After the sharp decline in incomes and employment observed across the economy, available indicators suggest domestic demand remains very weak. At the same time, supply-side constraints persist and some have worsened in recent months. Access to kyat liquidity, credit, and foreign currency remains severely constrained. A sharp exchange rate depreciation in September 2021 has raised import prices across the economy, including of fuel and other critical inputs to production, increasing transport costs. Electricity outages are a growing concern and internet disruptions continue to reduce the reliability of firms' and households' connectivity and ability to access information and connect with markets (see Part III: Digital Disruptions and Economic Impacts)
    DOI: 10.1596/36889
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  • 97
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    Moldova Policy Notes 2021 : Sectoral Recommendations (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Keywords: Access of Poor To Social Services ; Anticorruption ; Business Environment ; Energy Security ; Financial Sector ; Fiscal Sustainability ; Foreign Direct Investment ; Governance ; Labor Market ; National Governance ; Poverty Reduction ; Public Sector Development ; Public Sector Management and Reform ; Social Protections and Assistance ; Social Protections and Labor ; Water Resource Management
    Abstract: Moldova's policy priorities and key actions going forward: Strengthening the capacity and governance of public administration; Strengthening the judiciary and the fight against corruption; Supporting a resilient recovery while safeguarding fiscal sustainability; Building fiscal resilience at the subnational level with land administration and property registration and valuation; Enhancing labor markets and addressing COVID-19 challenges; Achieving a sustainable social protection system; Improving the efficiency and resilience of health service delivery; Strengthening environment protection and disaster risk management; Water resource management; Increasing resilience and competitiveness of agriculture; Enhancing the business environment and market competition; Fostering SMEs and strengthening FDI linkages; Enhancing financial sector stability and governance; Strengthening education outcomes and skills; Expanding inclusive digital development opportunities; Multimodal transport and logistics; and Addressing energy security and sustainability
    DOI: 10.1596/36830
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  • 98
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    Mauritius : Systematic Country Diagnostic Update (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Systematic Country Diagnostics
    Keywords: Climate Change and Environment ; Climate Change and Health ; Education ; Educational Sciences ; Environment ; Gender ; Inequality ; Poverty Reduction ; Science and Technology Development ; Science of Climate Change
    DOI: 10.1596/37180
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  • 99
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    Subnational Civil Servant Pension Schemes in Brazil : Context, History, and Lessons of Reform (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Governance ; Local Government ; Macroeconomics and Economic Growth ; National Governance ; Pension Reform ; Pensions and Retirement Systems ; Social Funds and Pensions ; Social Protections and Labor
    Abstract: Brazil's pension system takes up an oversized proportion of its social protection spending. It comprises of Regime Geral de Previdencia Social (RGPS), covering private sector workers, and over two thousand Regimes Proprios de Previdencia Social (RPPS), insuring public civil servants at federal and subnational levels. While the total membership of RPPS only stands at about 10 percent of RGPS coverage, its spending amounts to almost half of RGPS pension outlays. This paper attempts to present an integrated view of RPPS pension schemes, their influence on subnational budgets, and their interaction with human resource policies. After a brief introduction, Chapter 3 starts by documenting the history of civil service and its associated pension schemes, looking for explanations on how subnational RPPS became so big, dispersed, and difficult to reform. The fiscal consequences of subnational civil service pension scheme expansion and maturation, including RPPS role in the fiscal challenges and policies of the last few years, are discussed in Chapter 4. Chapter 5 attempts to expose important interlinkages between pension and human resource policies and argues for the need of integrated policy approach. Chapter 6 describes the history of previous RPPS reform attempts, while Chapter 7 focuses on the effects of federal pension reform of 2019 on subnational civil servant pension schemes. The paper ends with lessons and policy recommendations for the future
    DOI: 10.1596/37267
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  • 100
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    Strengthening Services Trade in the Malaysian Economy March 2022 : The Malaysia Development Experiece Series (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Investment Climate Assessment
    Keywords: Competitiveness and Competition Policy ; Labor Market ; Private Sector Development ; Skills Development and Labor Force Training ; Social Protections and Labor ; Trade ; Vocational and Technical Education
    Abstract: While Malaysia's economy has had great success, it also faces several challenges including limited services trade. This report seeks to explain the main constraints that are holding back the services sector in the country. The key finding is that Malaysia's development strategy needs to pivot to better capture new trade patterns. This will need to address some of the main constraints facing the development of Malaysia's services sector. First, is low labor productivity. Secondly, is informality. Thirdly, weak educational outcomes in Malaysia contribute to skills shortages. Finally, limits to competition and regulatory restrictions in services restrict Malaysia's ability to deepen foreign linkages. The key recommendation of the report is that to fulfill the potential of its services sector, Malaysia should take an integrated approach that progressively and gradually addresses artificial policy distinctions between goods and services, and between trade and investment in a world increasingly governed by international production networks
    DOI: 10.1596/37471
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