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  • Mattoo, Aaditya  (60)
  • Christiaensen, Luc  (46)
  • Washington, D.C : The World Bank  (106)
  • Cham : Springer International Publishing AG
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  • 1
    Language: English
    Pages: 1 Online-Ressource (224 pages)
    Series Statement: Africa Development Forum
    Parallel Title: Erscheint auch als
    Keywords: Employment Challenges ; Female Migrants ; Government ; Migration ; Urban Development ; Urban Markets
    Abstract: Research on migration and urban development in Africa has primarily focused on larger cities and rural-to-urban migration. However, 97 percent of Africa's urban centers have fewer than 300,000 inhabitants, and a sizable share of urban migrants come from other urban areas. A more holistic and dynamic perspective, incorporating migration flows along the full urban hierarchy, as well as urban-urban migrants, is needed to better understand and leverage migration for urban development. Migrants, Markets, and Mayors: Rising above the Employment Challenge in Africa's Secondary Cities draws on demographic data, research literature, key informant interviews, and empirical research to better understand how migrants in Africa's secondary cities fare in urban labor markets, how they affect aggregate urban productivity, and how mayors can leverage migrants' potential to the benefit of all. It explores these questions across countries and four urban case settings: Jijiga in Ethiopia, Jinja in Uganda, and Jendouba and Kairouan in Tunisia. Although mayors in secondary cities often see migrants as a burden to their cities' labor markets and a threat to development, the report finds that migrants contribute increasingly less to urban population growth and that they usually strengthen the resident labor force. The report also finds that labor market outcomes for migrants are at least as good as those for nonmigrants. Africa's secondary cities are well placed to leverage migration, but evidence-based policies are needed to manage the growth and development of land and labor markets. The report reviews policy options that mayors can take to strengthen the financial, technical, and planning capacity of secondary cities and better leverage migration to benefit migrants and nonmigrants alike. "Much of the literature on migration to cities examines migration in a nonspatial fashion or focuses on rural-urban migration to the largest, most visible cities. This volume fills a gap by focusing on migration to secondary cities, coming up with a compelling set of facts. Overall, the volume is very well done and sets a benchmark for future research." J. Vernon Henderson, School Professor of Economic Geography, London School of Economics
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  • 2
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (59 pages)
    Parallel Title: Erscheint auch als Aihounton, Ghislain Does Agricultural Intensification Pay?
    Keywords: Agriculture ; Farm Performance ; Food Security ; Intensification ; Rice Farmers ; Rural Transformaiton ; Rural Transformation ; Smallholder Labor Productivity ; Specialization
    Abstract: Modern inputs and mechanization are promoted across Africa to raise smallholder labor productivity and broker the structural transformation. Yet, adoption has remained low and the implications for returns to labor and labor allocation remain poorly understood. This paper explores the effects of different intensification packages on farm performance, market orientation, and food security using data from lowland rice farmers in Cote d'Ivoire. Employing a multinomial treatment effect model, the findings reveal that intensification increases land and labor productivity, especially when agro-chemicals and mechanized land preparation are combined. Returns to labor double to triple, inducing specialization and greater market orientation as well as greater food security, while productively releasing agricultural labor for other activities. Labor in agriculture becomes more waged. The gender balance remains the same. Child labor input does not decrease. The findings call for greater attention to labor productivity and confirm that agricultural intensification can pay and enhance rural transformation
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  • 3
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Agri-Food Jobs ; Agricultural Pollution ; Agriculture Employment ; Employment and Unemployment ; Environment ; Food and Beverage Industry ; Food and Nutrition Policy ; Food Industry ; Food Industry Pollution ; Green Issues ; Green Transition Jobs ; Health, Nutrition and Population ; Industry ; Poverty Reduction ; Social Protections and Labor ; Youth Employment
    Abstract: The agri-food system (AFS) employs about one third of the global workforce and contributes about one third of global greenhouse gas (GHG) emissions. This together with its large exposure to the effects of climate change and environmental degradation makes what happens in AFS central to the green transition and its implications for jobs and the structural transformation. Microeconomic evidence suggests that the adoption of climate smart agricultural practices will increase labor requirements, at least in the short run and at lower levels of incomes, when its mechanization is still limited. Econometric macro-model-based simulations suggest however that especially substantial investment in climate friendly agricultural R and D as well as soil and water preserving practices and market integration will more than offset the negative effects of climate change and even accelerate the structural transformation, especially in Sub Saharan Africa. Overall, the findings underscore the tremendous potential of increasing agricultural and climate friendly R and D investment for brokering an environmentally sustainable structural transformation. Repurposing of agriculture's current USD 638 billion support package towards supporting more climate friendly practices, including to overcome the time lag between the moment of investment and the realization of the benefits, provides an important policy entry point
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  • 4
    Language: English
    Pages: 1 Online-Ressource (158 pages)
    Series Statement: World Bank East Asia and Pacific Regional Report
    Parallel Title: Erscheint auch als
    Keywords: Basic Education ; Basic Learning Deficit ; Improved Learning ; Labor Skills Development ; Middle-Income ; Poor Teaching
    Abstract: Countries in middle-income East Asia and the Pacific were already experiencing serious learning deficits prior to the COVID-19 pandemic. COVID-related school disruptions have only made things worse. Learning poverty -- defined as the percentage of 10-year-olds who cannot read and understand an age-appropriate text -- is as high as 90 percent in several countries. Several large Southeast Asian countries consistently perform well below expectations on adolescent learning assessments. This report examines key factors affecting student learning in the region, with emphasis on the central role of teachers and teaching quality. It also analyzes the role education technologies, which came into widespread use during the pandemic, and examines the political economy of education reform. The report presents recommendations on how countries can strengthen teaching to improve learning and, in doing so, can enhance productivity, growth, and future development in the region
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  • 5
    Language: English
    Pages: 1 Online-Ressource (30 pages)
    Parallel Title: Erscheint auch als Freund, Caroline Is US Trade Policy Reshaping Global Supply Chains?
    Keywords: 10-Digit Us Import Data ; Bilateral Trade Decoupling ; China Supply Chains ; Diversification ; Global Value Chains ; Global Value Chains and Business Clustering ; International Economics and Trade ; Private Sector Development ; Reshoring ; Tariffs ; Trade Policy
    Abstract: This paper examines the reshaping of supply chains using detailed US 10-digit import data (tariff-line level) between 2017 and 2022. The results show that while US-China decoupling in bilateral trade is real, supply chains remain intertwined with China. Over the period, China's share of US imports fell from 22 to 16 percent. The paper shows that the decline is due to US tariffs. US imports from China are being replaced with imports from large developing countries with revealed comparative advantage in a product. Countries replacing China tend to be deeply integrated into China's supply chains and are experiencing faster import growth from China, especially in strategic industries. Put differently, to displace China on the export side, countries must embrace China's supply chains. Within products, the reorientation of trade is consistent with a "China + 1" strategy, as opposed to diversified sourcing across multiple countries. There is some evidence of nearshoring, but it is exclusive to border nations, and there is no consistent evidence of reshoring. Despite the significant reshaping, China remained the top supplier of imported goods to the US in 2022
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  • 6
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Keywords: Coal and Lignite ; Employment and Unemployment ; Energy ; Environment ; Green Issues ; Labor Market ; Poverty Reduction ; Social Protections and Labor
    Abstract: Part of a three-region set of papers analyzing coal-related labor market challenges in Poland, this paper focuses on Silesia. The findings call for a more territorial-oriented approach to brokering the coal transition, rather than a sectoral one. First, the number of jobs directly linked to coal-mining in Silesia is substantial, with 72,000 employees in the mining conglomerates, and an additional 17,000 providing goods and services to the mines. Second, coal-related employment is heavily concentrated geographically: as much as 40 percent of the population of Bierunsko-Iedzinski is employed directly and indirectly in the mining sector, and 80 percent of the mining conglomerates' contract value goes to subcontractors within a 20km radius of the mines. Third, the coal sector is highly integrated among a few large firms: 28 percent of the indirect workforce is employed by 10 subcontractors. Fourth, workers in the mining conglomerates have lower foundational (but better technical) skills than their regional and national counterparts, especially those with lower education. Finally, while eager to work, discrete choice experiments about their job attribute preferences show that they are averse to both, commuting and relocating for work, even though less so than in Wielkopolska, yet more so that in Lower Silesia, the two other regions. Together this suggests that there are important welfare and political economic benefits to adequate job creation locally. The paper further advances a data-driven viable-job-matching tool specifically tailored to the Polish labor market and illustrates how it could be used to assess the potential of local labor markets and future investments to absorb the coal-affected workers accounting for their skills profile, re/upskilling needs, and job attribute preferences
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  • 7
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Keywords: Climate Change Economics ; Climate Change Impacts ; Employment and Unemployment ; Environment ; Macroeconomics and Economic Growth ; Poverty Reduction ; Social Aspects of Climate Change ; Social Development ; Social Protections and Labor
    Abstract: Part of a three-region set of papers analyzing coal-related labor market challenges in Poland, this paper focuses on Lower Silesia. The findings call for a more territorial-oriented approach to brokering the coal transition, rather than a sectoral one. First, while the number of people directly and indirectly affected by coal mine closures in Lower Silesia (~5,500) is relatively small compared to the total regional labor force (lessthan1%), affected workers are heavily concentrated geographically. Second, workers in heavily affected municipalities have lower foundational (but better technical) skills than their regional and national counterparts, and already operate in lagging local economies. Third, while eager to work, discrete choice experiments about their job attribute preferences show that they are averse to both, commuting and relocating for work, even though less so than in Silesia and Wielkopolska, the two other regions. Together this suggests that there are important welfare and political economic benefits to adequate job creation locally. The paper further advances a data-driven viable-job-matching tool specifically tailored to the Polish labor market and illustrates how it could be used to assess the potential of local labor markets and future investments to absorb the coal-affected workers accounting for their skills profile, re/upskilling needs and job attribute preferences
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  • 8
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Keywords: Coal ; Coal and Lignite ; Employment and Unemployment ; Energy ; Energy Sector ; Poverty Reduction ; Social Protections and Labor
    Abstract: Part of a three-region set of papers analyzing coal-related labor market challenges in Poland, this paper focuses on Wielkopolska, which is most advanced in the transition out of coal. Finding viable job transitions is of enormous importance. The findings call for a more territorial-oriented approach to brokering the coal transition, rather than a sectoral one. First, even though limited from a regional perspective (4,000 workers), affected jobs are highly concentrated in a few already lagging and depopulating municipalities. Second, while coal-related workers are similarly skilled as other workers in Wielkopolska, non-coal related workers in the at-risk municipalities are substantially less skilled, exposing them to potential displacement effects. Finally, while ready to work and to be re-skilled, discrete choice experiments about their job attribute preferences show that all workers are averse both to commuting and relocating for work, even more so than in Silesia and Lower Silesia. Complementary social protection and employment support will be needed, and the paper suggests some policy options based on international experience. The paper concludes by illustrating how a big-data driven job-matching tool, calibrated on the Polish labor market, could be used to assist caseworkers in identifying "viable-job-transition-pathways" for affected workers as well as to help policymakers identify reskilling needs and attract investments
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  • 9
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Keywords: Agriculture ; Employment and Unemployment ; Food Security ; Labor Markets ; Rural Development ; Rural Labor Markets ; Social Protections and Labor
    Abstract: Africa's rural population continues to expand rapidly and labor productivity in agriculture and many rural off farm activities remains low. This paper uses the lens of a dual economy and the associated patterns of agricultural, rural, and structural transformation to review the evolution of Africa's rural employment and its inclusiveness. Many African countries still find themselves in an early stage of the agricultural and rural transformation. Given smaller sectoral productivity gaps than commonly assumed, greater size effects and larger spillovers, investment in agriculture and the rural off-farm economy remains warranted to broker the transition to more and more productive rural employment. The key policy questions thus become how best to invest in the agri-food system (on and increasingly also off the farm) and how best to generate demand for nonagricultural goods and services which rural households can competitively produce. Informing these choices continues to present a major research agenda, with digitization, the imperative of greening and intra-African liberalization raising many unarticulated and undocumented opportunities and challenges
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  • 10
    Language: English
    Pages: 1 Online-Ressource (40 pages)
    Parallel Title: Erscheint auch als Print Version: Cattaneo, Andrea Economic and Social Development along the Urban-Rural Continuum: New Opportunities to Inform Policy
    Keywords: Access To Education ; Access To Health Services ; Communities and Human Settlements ; National Urban Development Policies and Strategies ; Peri-Urban ; Peri-Urban Communities ; Poverty Analysis ; Rural Urban Linkages ; Rural-Urban Linkage ; Territorial Development ; Urban Development ; Urban Economic Development
    Abstract: The economic and social development of nations relies on their population having physical access to services and employment opportunities. For the vast majority of the 3.4 billion people living in rural locations, this largely depends on their access to urban centers of different sizes. Similarly, urban centers depend on their rural hinterlands. Building on the literature on functional areas/territories and the rural-urban continuum as well as insights from central place theory, this review paper advances the notion of catchment areas differentiated along an urban-to-rural continuum to capture these urban-rural interconnections. It further shows how a new, publicly available data set operationalizing this concept can shed new light on policy making across a series of development fields, including institutions and governance, urbanization and food systems, welfare and poverty, and access to health and education services. Together the insights support a more geographically nuanced perspective on development
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  • 11
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Keywords: Employment and Unemployment ; Labor Markets ; Labor Mobility ; Poverty Reduction ; Social Protections and Labor ; Urban Development ; Urban Economic Development ; Urban Governance and Management ; Urban Labor Market ; Urbanization
    Abstract: In our rapidly urbanizing world, mayors often see migrants as a burden to their city's labor market and a threat to its development. Drawing on national household surveys and four secondary city case studies in Africa, this study finds that migrants, being younger, better educated and/or complementary to the resident labor force, usually strengthen the urban labor force. In secondary cities, labor market outcomes for migrants are at least as good as those for residents. Migrants also contribute increasingly less to urban population growth. Secondary cities thus appear well placed to leverage migration. This requires good urban management that develops land and labor markets, prepares for growth and benefits everyone, migrants as well as residents. Migrant specific interventions are warranted when divisions between natives and migrants are deep. Strengthening the financial, technical, and planning capacity of towns to better integrate migrants is part and parcel of the good job's agenda
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  • 12
    Language: English
    Pages: 1 Online-Ressource (66 pages)
    Parallel Title: Erscheint auch als Print Version: Schneider, Kate Assessing the Affordability of Nutrient-Adequate Diets
    Keywords: Agriculture ; Diet Cost ; Food Affordability ; Food and Nutrition Policy ; Food Price ; Food Security ; Health, Nutrition and Population ; Meal Sharing ; Nutrient Adequacy ; Nutrition ; Poverty and Health ; Poverty Reduction
    Abstract: The affordability of nutritious diets is increasingly used as a metric of how well a food system provides access to nutritious diets for all. Recent work on least-cost diets has focused on individuals, while most food and anti-poverty programs and policies target the household level. Members within households have differing nutritional needs, presenting the methodological question: how should the cost of nutritious diets be estimated at the household level This study develops bounds on the cost, affordability, and seasonal variation of least-cost diets for whole households, illustrated with the example of Malawi. When intrahousehold sharing is not possible to observe, the bounded approach provides insights into the range of the cost and affordability, and the extent to which the cost may vary seasonally. The results reveal that when meals are shared, ignoring demographic diversity within households greatly underestimates the affordability of adequate diets
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  • 13
    Language: English
    Pages: 1 Online-Ressource (28 pages)
    Parallel Title: Erscheint auch als Print Version: Freund, Caroline Natural Disasters and the Reshaping of Global Value Chains
    Abstract: To understand the longer term consequences of natural disasters for global value chains, this paper examines trade in the automobile and electronic sectors after the 2011 earthquake in Japan. Contrary to widespread expectations, the analysis shows that the shock did not lead to reshoring, nearshoring, or diversification; and trade in intermediate products was disrupted less than trade in final goods. Imports did shift to new suppliers, especially where dependence on Japan was greater. But production relocated to developing countries rather than to other top exporters. Despite important differences, the observed pattern of switching may be relevant to disasters like the COVID-19 pandemic
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  • 14
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (24 pages)
    Parallel Title: Erscheint auch als Print Version: Grover, Arti Why do Manufacturing Firms Sell Services? Evidence from India
    Abstract: Manufacturers in India are increasingly selling services-a phenomenon referred to as servitization. Both the proportion of manufacturers selling services and the share of services in total revenue of manufacturers increased threefold between 1994 and 2013. More productive manufacturers and those more exposed to import competition are more likely to sell services and to obtain a higher share of their revenue from services. A 10 percent increase in servitization is associated with 2.6 percent increase in manufacturing revenue. However, servitizing firms suffer a greater contraction in manufacturing revenue with increased import competition. This evidence suggests that servitization is not a successful defensive strategy to maintain manufacturing sales in the face of import competition, and it is more likely to be an exit strategy to flee import competition. Corroborative results indicate that past services sales are positively associated with the introduction of new services products and eventually a switch out of manufacturing and into services as the primary activity. Thus, servitization appears to be an aspect of "premature deindustrialization" in India, driven by the inability of manufacturers to cope with import competition, rather than structural transformation associated with a maturing manufacturing sector
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  • 15
    Language: English
    Pages: 1 Online-Ressource (35 Seiten)
    Parallel Title: Erscheint auch als Print Version: Islamaj, Ergys Lives versus Livelihoods during the COVID-19 Pandemic: How Testing Softens the Trade-Off
    Keywords: Coronavirus ; Wirtschaftskrise ; Lockdown ; Infektionsschutz ; Welt
    Abstract: The early COVID-19 pandemic literature focused on the conflict between lives and livelihoods. But cross-country evidence reveals that across countries high mortality rates were often associated with large gross domestic product contractions. This paper shows that the presumed trade-off was associated with lockdowns as the primary instrument of containment. Early transition from lockdowns to testing-tracing-isolation-based containment softened the trade-off within countries and explains the absence of a trade-off across countries. The analysis finds that testing had positive indirect effects on growth and perhaps even positive direct effects. By allowing countries to relax shutdowns without compromising on containment, testing could have indirectly contributed to about a 0.6 percentage point boost in growth. By infusing greater confidence in people to step out and engage in economic activity, testing could have added another 0.6 percentage point to growth. As the world struggles to scale up vaccination in the face of new waves and variants, continued emphasis on testing could help limit infection without recourse to costly lockdowns
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  • 16
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: This report analyzes the consequences for the labor force of Western Macedonia's (Greece) decarbonization as part of Europe's new Green Deal. Already, the region records the highest unemployment rate of the country (27 percent in 2018). A survey of contractors suggests that about 16,000 jobs could potentially be affected by the closure of the mines (about 4,500 directly in coal and power production and another 11,000-11,500 indirectly supplying goods and services). It mainly concerns older and less educated, but medium-skilled workers. Many do not expect much of a future in Western Macedonia, with most of the better-skilled seeing themselves move to other regions. But much will also depend on the coal transition path chosen, including the timing and labor intensity of the power plant decommissioning and land reclamation plans, as well as those of the new alternative activities promoted. Timely consultations with the workers affected will also be critical
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  • 17
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: As countries develop (and food saturation takes hold), agriculture's role as domestic employer declines. But the broader agri-food system (AFS) also expands, and the scope for agriculture-related job creation shifts beyond the farm. Historically, technological revolutions both have shaped and have been shaped by these dynamics. Today, a digital revolution is taking hold, affecting agricultural labor and skill demands. In this process, societies evolve from having a surplus to a shortage of domestic farm labor, typically met largely by foreign agricultural wage workers. Yet, anti-immigration sentiments are flying high in migrant-destination countries, and robots in the fields and packing plants offer an alternative. Agricultural trade may be similarly challenged. In the world's poorest countries, particularly in Africa, labor productivity in agriculture remains at historically low levels. So, what can the role of agriculture as a source of employment be in the future? This viewpoint elaborates on these trends and reviews a number of policy options, including inclusive value chain development, better immigration policies, social insurance schemes and ramp up in agricultural education and extension
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  • 18
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy Notes
    Abstract: Faced with COVID-19 (Coronavirus), countries are taking drastic action based on little information. Two tests can help governments shorten and soften economically costly suppression measures while still containing the novel coronavirus (COVID-19) pandemic. The first-a PCR assay-identifies people currently infected by testing for the presence of live virus in the subject. The second-an antibody test-identifies those rendered immune after being infected by searching for COVID-19-specific antibodies. The first test can help contain the disease because it facilitates the identification of infected persons, the tracing of their contacts, and isolation in the very early stages of an epidemic-or after a period of suppression, in case of a resurgent epidemic. The second can help us assess the extent of immunity in the general population or subgroups, to finetune social isolation and to manage health care resources. Wide application of the two tests could transform the battle against COVID-19 (Coronavirus), but implementing either on a large scale in developing countries presents challenges. The first test is generally available, but needs to be processed in adequately equipped laboratories with trained staff. The second test is easy to perform and can be processed quickly on the spot, but at this stage it is produced and available only on a limited basis in a few countries. This policy brief reviews the use of both tests, suggests strategies to target their use, and discusses the benefits and costs of such strategies. If PCR assay testing, together with tracing and isolation, helps reduce the duration of suppression measures by two weeks, and antibody testing allows one-fifth of the immune return to work early, the gain could be about 2 percent of national income, or about
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  • 19
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: A thriving region until the early 1990s, Slavonia, the eastern region of Croatia, has been confronted with stagnation and decline, ageing and outmigration as well as impoverishment ever since. This followed Croatia's homeland war of 1991-1995, with Slavonia one of the frontlines, economic restructuring of its state-led economy during the 1990s and 2000s and the global economic crisis of the late 2000s. More recently, after Croatia's EU accession in 2013 and coinciding with the economic upswing since 2014 in Croatia and the EU, Slavonia's labor market has started to tighten, with registered vacancies now exceeding the number of job seekers for highly educated as well as some unskilled and semi-skilled occupations. However, inactivity and unemployment remain high. In 2017, the share of the working-age population in work was only 51 percent, 10 percentage points below the rest of Croatia (61 percent) and 17 percentage points below the 2017 EU28 average. A legacy of war, limited availability of care services, and especially lower education levels explain an important part of Slavonia's much higher inactivity and unemployment. On the demand side, labor productivity in Slavonia's firms is systematically lower than in the rest of the country (except in agriculture and forestry), also consistent with Slavonia's sizeablewage gap. This, together with general disenchantment of the Slavonian population with the economicand business environment, has prompted outmigration. At the same time, a small number of firms alsooutperform their sectoral competitors elsewhere in Croatia, signaling Slavonia's potential.Looking ahead, private sector job creation remains a top priority, especially focusing on Slavonia's lower educated, who make up the bulk of the unemployed and inactive. This especially requires a reduction in the regulatory burden and an increase in Slavonian firms' competitiveness, which will also help to close the substantial wage gap with the rest of Croatia. Given the large share of its population in agriculture and forestry-related activities (close to 30 percent), Program Slavonia's current focus on agriculture and forestry is clearly warranted. With Slavonia's longstanding history and labor force experience in manufacturing and the rising number of vacancies in this sector, so is attention to manufacturing
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  • 20
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: Global trade growth slowed in 2018 amid a weakening of economic growth in China and the Euro Area and rising trade protectionism. The volume of trade grew by 3.8 percent, down from 5.4 percent in 2017, but has shown signs of reviving in the first quarter of 2019. However, the U.S. tariff increases implemented in early May and China's response might change the outlook. Trade policy developments are mixed. Restrictive trade measures imposed during 2018 affected 3.8 percent of world merchandise trade, nearly three times the share affected in any of the years since the global financial crisis of 2009. Tit-for-tat tariffs between the United States and China alone affected 2.0 percent of world merchandise trade in 2018. Ongoing trade tensions affected importers in United States and China significantly. While trade fell in targeted products, prices at the border did not change as compared with non-targeted products. Even though trade in stickier inputs tends to be relatively resilient in the short term, if trade tensions are not resolved, existing global value chains are likely to be disrupted in the longer term. It is in the long-term interest of industrial and developing countries for trade tensions to be resolved through a multilateral approach and World Trade Organization reforms
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  • 21
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: With an estimated 724 million extreme poor people living in developing countries, and the world's demographics bifurcating into an older north and a younger south, there are substantial economic incentives and benefits for people to migrate. There are also important market and regulatory failures that constrain mobility and reduce the net benefits of migration. This paper reviews the recent literature and proposes a conceptual framework to better integrate and coordinate policies for addressing the different market and regulatory failures. The paper advances five types of interventions in need of particular attention in terms of design, implementation and evaluation; namely, 1) active labor market programs that serve local, regional and foreign markets; 2) remittances and investment subsidies to promote job creation and labor productivity growth; 3) social insurance programs that cover all jobs and facilitate labor mobility; 4) labor taxes to internalize the social costs of migration in receiving regions; and 5) more flexible, private sector driven schemes to regulate the flow of migrants and minimize irregular migration
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  • 22
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: Trade rebounded in 2017, with trade volume growing at 4.3 percent in 2017 - the fastest rate in 6 years. The recovery of trade is not limited to a few regions but is widespread, suggesting that we may be at a turning point. The largest contributions to global trade growth have come from East Asian countries in the developing world and the Euro area in the developed world. Merchandise trade, which in recent years has been less resilient than services trade, picked up, growing by 4.5 percent in 2017. Cyclical factors drove better trade performance in 2017. Trade grew faster because real gross domestic product grew faster. Investment growth played a critical role because investment is the most import intensive component of aggregate demand, and capital goods production has longer global value chains (GVCs). Preliminary monthly data indicate that the import values of capital goods such as machinery and electrical equipment grew in 2017 at the fastest rates since 2012 and that they have been the most significant contributors to 2017 nonfuel import growth in the European Union and United States. The improved performance of trade may be widespread, but it is fragile. Some of the factors underlying the global trade slowdown of recent years - weak growth in GVCs and high trade policy uncertainty - are still present. In particular, there are serious risks in the trade policy domain. The share of merchandise trade that trade-restrictive measures cover remained stable at approximately 1 percent in 2017. But the portion due to trade remedy initiations - a harbinger of future protection - has increased significantly since 2015, and there are risks of policy reversals in major markets. At the same time, new deep trade agreements have recently entered into force and others are being negotiated
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  • 23
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: This paper develops the concept of 'action space' as the range of possible destinations to which a migrant can realistically move at a given point in time and, intimately linked to this, the set of possible livelihoods at destination. It shows how this space expands and contracts over time through 'cumulative causation.' Such a dynamic framework allows for appreciating the role of secondary towns in rural-urban migration and poverty reduction. Secondary towns occupy a unique middle ground between semi-subsistence agriculture and the capitalistic city, between what is close by and familiar and what is much further away and unknown. By opening the horizons of the (poorer) rural population and facilitating navigation of the nonfarm economy, secondary towns allow a broader base of the poor population to become physically, economically, and socially mobile. Secondary towns therefore have great potential as vehicles for inclusive growth and poverty reduction in urbanizing developing countries. These are the insights emerging from the in-depth life history accounts of 75 purposively selected rural-urban migrants from rural Kagera, in Tanzania
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  • 24
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: For a long time, the urbanization and development discourse has coincided with a focus on economic growth and big cities. Yet, much of the world's new urbanization is taking place in smaller urban entities (towns), and the composition of urbanization may well bear on the speed of poverty reduction. This paper reviews the latter question within the context of Tanzania. It starts from the observation that migration to towns contributed much more to poverty reduction than migration to cities because many more (poor) rural migrants ended up in Tanzania's towns than its cities, despite larger welfare gains from moving to the city. Drawing on the findings from a series of studies, looking at this from different angles (theoretical and empirical, quantitative and qualitative), the paper shows how towns are better at enabling the rural poor to access off-farm employment and exit poverty because they are more nearby. It concludes with a call for greater consideration of the role of towns in accelerating Africa's poverty reduction
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  • 25
    ISBN: 9781464809668
    Language: French
    Pages: Online-Ressource (1 online resource (184 p.))
    Edition: Online-Ausg.
    Series Statement: World Bank E-Library Archive
    Parallel Title: Druckausg.
    Keywords: French Translation ; Conflicts ; Inequality ; Poverty ; Chronic Poverty
    Abstract: L'idee que l'on se fait de l'Afrique a radicalement change. Encore considere comme le continent des guerres, des famines et de la pauvrete chronique a la fin des annees 90, le continent africain est maintenant evoque sous l'angle de l'Afrique qui monte et du XXIe siecle africain. Deux decennies de croissance economique sans precedent devaient en principe ameliorer sensiblement le bien-etre des populations africaines. Il est toutefois difficile de dire si c'est effectivement le cas en raison de la mediocre qualite des donnees, de la nature du processus de croissance (s'agissant notamment du role des ressources naturelles), des conflits qui sevissent dans une partie la region et de la forte expansion demographique. Poverty in a Rising Africa decrit les problemes de donnees et analyse systematiquement les informations disponibles sur la pauvrete et les inegalites dans une perspective tant monetaire que non monetaire. Le premier chapitre evalue la disponibilite et la qualite des donnees necessaires pour cerner la pauvrete monetaire, examine les mecanismes de gouvernance et les processus politiques qui sous-tendent la production statistique et propose quelques methodes pour combler le deficit de donnees. Le chapitre 2 evalue la robustesse des estimations sur la pauvrete en Afrique et brosse a grands traits le profil de ce fleau. Selon les auteurs, la reduction de la pauvrete en Afrique est peut-etre legerement superieure a ce que les estimations traditionnelles portent a croire. Pour autant, meme les estimations les plus optimistes indiquent que davantage de personnes vivaient dans la pauvrete en 2012 qu'en 1990. Le troisieme chapitre considere la pauvrete dans une perspective elargie en prenant en compte les dimensions non monetaires du bien-etre, telles que l'education, la sante et la liberte, en utilisant la methode d'Amartya Sen (1985) axee sur les notions de capabilities et de functionings. Des progres ont certes ete accomplis dans plusieurs de ces domaines, mais les niveaux de resultats restent obstinement bas. Enfin, le chapitre 4 examine les donnees relatives aux inegalites en Afrique en analysant non seulement les types d'inegalites monetaires, mais aussi d'autres aspects tels que l'inegalite des chances, la mobilite intergenerationnelle dans le travail et l'education et l'extreme richesse
    Note: Description based on print version record
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  • 26
    Language: English
    Pages: 1 Online-Ressource (30 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Ingelaere, Bert Why Secondary Towns Can Be Important for Poverty Reduction - A Migrant's Perspective
    Abstract: This paper develops the concept of "action space" as the range of possible destinations to which a migrant can realistically move at a given point in time and, intimately linked to this, the set of possible livelihoods at destination. It shows how this space expands and contracts over time through "cumulative causation." Such a dynamic framework allows for appreciating the role of secondary towns in rural-urban migration and poverty reduction. Secondary towns occupy a unique middle ground between semi-subsistence agriculture and the capitalistic city, between what is close by and familiar and what is much further away and unknown. By opening the horizons of the (poorer) rural population and facilitating navigation of the nonfarm economy, secondary towns allow a broader base of the poor population to become physically, economically, and socially mobile. Secondary towns therefore have great potential as vehicles for inclusive growth and poverty reduction in urbanizing developing countries. These are the insights emerging from the in-depth life history accounts of 75 purposively selected rural-urban migrants from rural Kagera, in Tanzania
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  • 27
    Language: English
    Pages: 1 Online-Ressource (24 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Christiaensen, Luc Where to Create Jobs to Reduce Poverty: Cities Or Towns?
    Abstract: Should public investment be targeted to big cities or to small towns, if the objective is to minimize national poverty? To answer this policy question, this paper extends the basic Todaro-type model of rural-urban migration to the case of migration from rural areas to two potential destinations, secondary town and big city. The analysis first derives the labor income, migration cost and poverty line conditions under which a poverty gradient from rural to town to city will exist as an equilibrium phenomenon. Then sufficient statistics are developed for the policy decisions based on these parameters. The empirical remit of the model is illustrated with long-running panel data from Kagera, Tanzania. Further, the paper shows that the structure of the sufficient statistics is maintained in the case where the model is generalized to introduce heterogeneous workers and jobs
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  • 28
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (28 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Christiaensen, Luc Agriculture in Africa - Telling Myths from Facts: A Synthesis
    Abstract: Stylized facts drive research agendas and policy debates. Yet robust stylized facts are hard to come by, and when available, often outdated. In a special issue of Food Policy, 12 papers revisit conventional wisdom on African agriculture and its farmers' livelihoods using nationally representative surveys from the Living Standards Measurement Study-Integrated Surveys on Agriculture Initiative in six African countries. At times, the findings simply confirm the common understanding of the topic. But the studies also throw up several surprises, redirecting some policy debates while fine-tuning others. Overall, the project calls for more attention to checking and updating the common wisdom. This requires nationally representative data, and sufficient incentives among researchers and policy makers alike. Without well-grounded stylized facts, they can easily be profoundly misguided
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  • 29
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: Should public investment be targeted to big cities or to small towns, if the objective is to minimize national poverty? To answer this policy question the authors extend the basic Todaro-type model of rural-urban migration to the case of migration from rural areas to two potential destinations, secondary town and big city. The authors first derive labor income, migration cost and poverty line conditions under which a poverty gradient from rural to town to city will exist as an equilibrium phenomenon. The authors then develop sufficient statistics for the policy decisions based on these income parameters. The empirical remit of the model is illustrated with long running panel data from Kagera, Tanzania. Further, we show that the structure of the sufficient statistics is maintained in the case where the model is generalized to introduce heterogeneous workers and jobs
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  • 30
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    ISBN: 9781464811371
    Language: English
    Pages: 1 Online-Ressource (190 p)
    Series Statement: Directions in Development - Agriculture and Rural Development
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als
    Abstract: Stylized facts set agendas and shape debates. In rapidly changing and data scarce environments, they also risk being ill-informed, outdated and misleading. So, following higher food prices since the 2008 world food crisis, robust economic growth and rapid urbanization, and climatic change, is conventional wisdom about African agriculture and rural livelihoods still accurate? Or is it more akin to myth than fact? The essays in "Agriculture in Africa" Telling Myths from Facts? aim to set the record straight. They exploit newly gathered, nationally representative, geo-referenced information at the household and plot level, from six African countries. In these new Living Standard Measurement Study-Integrated Surveys on Agriculture, every aspect of farming and non-farming life is queried-from the plots farmers cultivate, the crops they grow, the harvest that is achieved, and the inputs they use, to all the other sources of income they rely on and the risks they face. Together the surveys cover more than 40 percent of the Sub-Saharan African population. In all, sixteen conventional wisdoms are examined, relating to four themes: the extent of farmer's engagement in input, factor and product markets; the role of off-farm activities; the technology and farming systems used; and the risk environment farmers face. Some striking surprises, in true myth-busting fashion, emerge. And a number of new issues are also thrown up. The studies bring a more refined, empirically grounded understanding of the complex reality of African agriculture. They also confirm that investing in regular, nationally representative data collection yields high social returns
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  • 31
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (32 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Heuser, Cecilia Services Trade and Global Value Chains
    Abstract: Services play a role in global value chains in many ways, similar to goods. But services deserve special attention because of how they are transacted, how they affect downstream sectors, how they are regulated, and how international cooperation can contribute to integrating national markets. Databases on trade in value added, which cover only cross-border transactions in services, reveal a high and growing share of services in trade in value added across countries and industries. Although international transactions in services that take place through foreign investment are difficult to measure, their economic impact can be estimated. The resulting improved access to financial, communications, and transport services facilitates the emergence of global value chains, enhances downstream manufacturing firms' productivity, and shifts the pattern of comparative advantage toward sectors intensive in these services. Despite significant unilateral liberalization, service markets in many countries remain protected by restrictions on the entry of foreign services and service providers, as well as discretionary and discriminatory regulatory requirements. International cooperation in services has attempted to follow the example of reciprocal market opening for goods, but this approach has delivered little incremental liberalization. More could be achieved through greater emphasis on international regulatory cooperation
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  • 32
    Language: English
    Pages: 1 Online-Ressource (46 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Gootiiz, Batshur Services in the Trans-Pacific Partnership: What Would Be Lost?
    Abstract: As the fate of the Trans-Pacific Partnership (TPP) hangs in balance, an evaluation of what it offers could inform current decisions and shape future negotiations. The TPP's services component has been hailed as one of the agreement's major accomplishments. To assess the agreement's impact on national policy in the major services sectors, we created a new public database. This database reveals that TPP commitments seldom go beyond countries' applied policies, suggesting the explicit liberalization resulting from the agreement is limited only to a few countries and a few areas. However, the TPP enhances transparency and policy certainty because parties' services commitments cover more trading partners, more sectors and are in some cases closer to applied policies than their commitments under previous agreements. Furthermore, new TPP rules, including on state-owned enterprises, government procurement and competition policy, could enhance services market access. In particular, the TPP breaks new ground in prohibiting restrictions on international data flows, while at the same time creating unprecedented obligations on all parties to protect consumers from fraud and protect privacy. These dual obligations on importing and exporting countries represent a model for regulatory cooperation that could elicit greater market opening if applied to other areas
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  • 33
    Language: English
    Pages: 1 Online-Ressource (24 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Barrett, Christopher B On the Structural Transformation of Rural Africa
    Abstract: From 2000 to 2014, per capita gross domestic product in Sub-Saharan Africa increased by almost 35 percent in real terms, doubling in some countries. Such progress happened while agricultural productivity growth remained low in the aggregate, despite some bright spots, and poverty reduction was steady but discouragingly slow. This paper argues that ending extreme poverty will require structural change in agriculture, and in rural African economies more broadly. Drawing on a range of recent research, the paper outlines broad priority areas for policy actions to accelerate productivity and initiate structural change in the agriculture sector and the rural nonfarm economy
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  • 34
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Series Statement: World Bank E-Library Archive
    Abstract: After a decade of crisis and stellar economic growth over the past five years, Cote d'Ivoire has now set its sight on becoming an emerging economy. Improving prospects for productive employment will be essential for socially sustainable growth and poverty reduction. The "Cote d'Ivoire Jobs Diagnostic: Employment, Productivity, and Inclusion for Poverty Reduction" report provides a comprehensive and multi-sectoral empirical analysis of employment challenges and opportunities to inform strategies and policy actions in Cote d'Ivoire. The report aims to expand policy discussions on employment from a focus on the number of jobs and unemployment to a broader attention on the quality, productivity and inclusiveness of jobs. It makes the case for a jobs strategy with a sharper poverty lens that would focus on raising labor productivity in agriculture and informal off-farm employment to foster structural transformation, while, in parallel, pursuing longer-term goals of expanding the thin formal sector
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  • 35
    Language: English
    Pages: 1 Online-Ressource (44 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Mattoo, Aaditya Trade Creation and Trade Diversion in Deep Agreements
    Keywords: Handelsabkommen ; Regionale Wirtschaftsintegration ; Politische Integration
    Abstract: Preferential trade agreements have boomed in recent years and extended their reach well beyond tariff reduction, to cover policy areas such as investment, competition, and intellectual property rights. This paper uses new information on the content of preferential trade agreements to examine the trade effects of deep agreements and revisit the classic Vinerian question of trade creation and trade diversion. The results indicate that deep agreements lead to more trade creation and less trade diversion than shallow agreements. Furthermore, some provisions of deep agreements have a public good aspect and increase trade also with non-members
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  • 36
    Language: English
    Pages: 1 Online-Ressource (17 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Constantinescu, Cristina Does Vertical Specialization Increase Productivity?
    Abstract: This paper investigates the impact of global value chain participation on productivity, using data on trade in value added from the World Input-Output Database. The results based on a panel estimation covering 13 sectors in 40 countries over 15 years suggest that participation in global value chains is a significant driver of labor productivity. Backward participation in global value chains, that is, the use of imported inputs to produce for exports, emerges as particularly important. An increase by 10 percent in the level of global value chain participation increased average productivity by close to 1.7 percent
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  • 37
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: This edition of Global Trade Watch addresses three questions concerning recent trade developments: What is happening? Why? Does it matter? 2016 is the fifth consecutive year of sluggish trade growth and the year with the weakest trade performance since the aftermath of the 2008 global financial crisis. Current estimates of growth in the volumes of trade in goods and services range from 1.9 percent to 2.5 percent; preliminary high-frequency data suggest that merchandise trade volumes may have grown by slightly above 1 percent. The year 2016 is different from the other post crisis years, in that trade sluggishness is a characteristic of both advanced and emerging economies
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  • 38
    Language: English
    Pages: 1 Online-Ressource (26 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Constantinescu, Cristina Does the Global Trade Slowdown Matter?
    Abstract: Since the Global Financial Crisis, world trade growth has been subdued and lagging slightly behind growth of gross domestic product. Trade is growing more slowly not only because growth of global gross domestic product is lower, but also because trade itself has become less responsive to gross domestic product. This paper reviews the reasons behind the changing trade-income relationship, and then investigates its consequences for economic growth. On the demand side, sluggish world import growth may adversely affect individual countries' economic growth, as it limits opportunities for their exports. On the supply side, slower trade may diminish the scope for productivity growth through increasing specialization and diffusion of technologies. The paper finds preliminary evidence that the changing trade-income relationship matters, although the quantifiable effects do not appear to be large
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  • 39
    Language: English
    Pages: 1 Online-Ressource (44 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Gilbert, Christopher L Price Seasonality in Africa: Measurement and Extent
    Abstract: Everyone knows about seasonality. But what exactly do we know? This study systematically measures seasonal price gaps at 193 markets for 13 food commodities in seven African countries. It shows that the commonly used dummy variable or moving average deviation methods to estimate the seasonal gap can yield substantial upward bias. This can be partially circumvented using trigonometric and sawtooth models, which are more parsimonious. Among staple crops, seasonality is highest for maize (33 percent on average) and lowest for rice (16½ percent). This is two and a half to three times larger than in the international reference markets. Seasonality varies substantially across market places, but maize is the only crop in which there are important systematic country effects. Malawi, where maize is the main staple, emerges as exhibiting the most acute seasonal differences. Reaching the Sustainable Development Goal of Zero Hunger requires renewed policy attention to seasonality in food prices and consumption
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  • 40
    Language: English
    Pages: 1 Online-Ressource (34 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Christiaensen, Luc Secondary Towns and Poverty Reduction: Refocusing the Urbanization Agenda
    Abstract: This review is framed around the exploration of a central hypothesis: A shift in public investment toward secondary towns from big cities will improve poverty reduction performance. Of course the hypothesis raises many questions. What exactly is the dichotomy of secondary towns versus big cities? What is the evidence for the contribution of secondary towns versus cities to poverty reduction? What are the economic mechanisms for such a differential contribution and how does policy interact with them? The review finds preliminary evidence and arguments in support of the hypothesis, but the impacts of policy on poverty are quite complex even in simple settings, and the question of secondary towns and poverty reduction is an open area for research and policy analysis
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  • 41
    Language: English
    Pages: 1 Online-Ressource (39 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Miller, Daniel C Prevalence, Economic Contribution, and Determinants of Trees on Farms across Sub-Saharan Africa
    Abstract: Trees on farms are often overlooked in agricultural and natural resource research and policy in Sub-Saharan Africa. This paper addresses this gap using data from the Living Standards Measurement Study-Integrated Surveys on Agriculture in five countries: Ethiopia, Malawi, Nigeria, Tanzania, and Uganda. Trees on farms are widespread. On average, one third of rural smallholders grow trees. They account for an average of 17 percent of total annual gross income for tree-growing households and 6 percent for all rural households. Gender, land and labor endowments, and especially forest proximity and national context are key determinants of on-farm tree adoption and management. These new, national-scale insights on the prevalence, economic contribution and determinants of trees on farms in Africa lay the basis for exploring the interaction of agriculture, on-farm tree cultivation, and forestry. This will improve our understanding of rural livelihood dynamics
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  • 42
    Language: English
    Pages: 1 Online-Ressource (65 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Anderson, James E Dark Costs, Missing Data: Shedding Some Light on Services Trade
    Abstract: A structural gravity model is used to estimate barriers to services trade across many sectors, countries, and time. Since the disaggregated output data needed to infer border barriers flexibly are often missing for services, this paper derives a novel methodology for projecting output data. The empirical implementation sheds light on the role of institutions, geography, size, and digital infrastructure as determinants of border barriers. The paper finds that border barriers have generally fallen over time, but there are differences across sectors and countries. Notably, border effects for the smallest economies have remained stable, giving rise to a divergent pattern across countries
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  • 43
    Language: English
    Pages: 1 Online-Ressource (36 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Palacios-Lopez, Amparo How Much of the Labor in African Agriculture is Provided by Women?
    Abstract: Communities & Human Settlements
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  • 44
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (56 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Gootiiz, Batshur Regionalism in Services: A Study of ASEAN
    Abstract: Can regionalism do what multilateralism has so far failed to do-promote greater openness of services markets? Although previous research has pointed to the wider and deeper legal commitments under regional agreements as proof that it can, no previous study has assessed the impact of such agreements on applied policies. This paper focuses on the Association of Southeast Asian Nations (ASEAN), where regional integration of services markets has been linked to thriving regional supply chains. Drawing on surveys conducted in 2008 and 2012 of applied policies in the key services sectors of ASEAN countries, the paper assesses the impact of the ASEAN Framework Agreement on Services (AFAS) and the ambitious ASEAN Economic Community Blueprint, which envisaged integrated services markets by 2015. The analysis finds that over this period, ASEAN did not integrate faster internally than vis-a-vis the rest of the world: policies applied to trade with other ASEAN countries were virtually the same as those applied to trade with rest of the world. Moreover, the recent commitments scheduled under AFAS did not produce significant liberalization and, in a few instances, services trade policy actually became more restrictive. The two exceptions are in areas that are not on the multilateral negotiating agenda: steps have been taken toward creating regional open skies in air transport, and a few mutual recognition agreements have been negotiated in professional services. These findings suggest that regional negotiations add the most value when they are focused on areas that are not being addressed multilaterally
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  • 45
    Language: English
    Pages: 1 Online-Ressource (43 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Jedwab, Remi Demography, Urbanization and Development: Rural Push, Urban Pull and... Urban Push?
    Abstract: Communities & Human Settlements
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  • 46
    Language: English
    Pages: 1 Online-Ressource (39 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Chellaraj, Gnanaraj Can the Knowledge Capital Model Explain Foreign Investment in Services? The Case of Singapore
    Abstract: Singapore has been a powerful magnet for foreign direct investment and in recent years has also made significant investments abroad, especially in developing countries and increasingly in services. This paper analyzes the determinants of Singapore's investment using the Knowledge-Capital Model and compares the impact of skill endowments on manufacturing and service sector investments. The results suggest that inward and outward investment with respect to industrialized countries in manufacturing and services was skill-seeking. A 10 percent decline in skill differences with industrialized countries resulted in a 19 percent rise in inbound manufacturing investment stocks, but only a 7 percent rise in inbound services stocks. Inward investment from developing countries in services was also skill-seeking, but outward investment to developing countries in both sectors was labor-seeking. A 10 percent increase in skill differences with developing countries resulted in a 23 percent rise in outbound manufacturing investment stocks and a 13 percent rise in outbound services stocks. Furthermore, when the analysis distinguishes between services on the basis of skill intensity, there is a significant difference between the determinants of foreign direct investment in skill-intensive services and foreign direct investment in other services and goods. However, when services are disaggregated on the basis of "proximity" needs, there is no significant difference in the determinants of foreign direct investment in proximity services compared with foreign direct investment in non-proximity services
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  • 47
    Language: English
    Pages: 1 Online-Ressource (37 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Kaminski, Jonathan Seasonality in Local Food Markets and Consumption: Evidence from Tanzania
    Abstract: This paper revisits the extent of seasonality in African livelihoods. It uses 19 years of monthly food prices from 20 markets and three years of nationally representative household panel surveys from Tanzania. Trigonometric specifications are introduced to measure the seasonal gap. When samples are short and seasonality is poorly defined, they produce less upward bias than the common dummy variable approach. On average, the seasonal gap for maize prices is estimated to be 27 percent; it is 15 percent for rice. In both cases it is two and a half to three times higher than in the international reference market. Food price seasonality is not a major contributor to food price volatility, but it does translate into seasonal variation in caloric intake of about 10 percent among poor urban households and rural net food sellers. Rural net food-buying households appear able to smooth their consumption. The disappearance of seasonality from Africas development debate seems premature
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  • 48
    Language: English
    Pages: Online-Ressource (27 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Cadot, Olivier Evaluating Aid for Trade
    Abstract: The demand for accountability in aid-for-trade is increasing but monitoring has focused on case studies and impressionistic narratives. The paper reviews recent evidence from a wide range of studies, recognizing that a multiplicity of approaches is needed to learn what works and what does not. The review concludes that there is some support for the emphasis on reducing trade costs through investments in hard infrastructure (like ports and roads) and soft infrastructure (like customs). But failure to implement complementary reform-especially the introduction of competition in transport services-may erode the benefits of these investments. Direct support to exporters does seem to lead to diversification across products and destinations, but it is not yet clear that these benefits are durable. In general, it is difficult to rely on cross-country studies to direct aid-for-trade. More rigorous impact evaluation is an underutilized alternative, but situations of clinical interventions in trade are rare and adverse incentives (because of agency problems) and costs (because of the small size of project) are a hurdle in implementation
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  • 49
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (37 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Cristea, Anca Open Skies over the Middle East
    Abstract: The dynamism of air traffic markets in the Middle East obscures the persistence of restrictions on international competition. But how important are such restrictions for passenger traffic? This paper uses detailed data on worldwide passenger aviation to estimate the effect of air transport policy on international air traffic. The policy variable is a quantitative measure of the commitments under international agreements. The paper analyzes, for the first time, not only bilateral agreements, but also plurilateral agreements such as the one between Arab states. The analysis finds that more liberal policy is associated with greater passenger traffic between countries. Higher traffic levels appear to be driven primarily by larger numbers of city pairs being served, rather than by more passengers traveling along given routes. To demonstrate the quantitative implication of the estimates, two liberalization scenarios in the Middle East are evaluated. Deepening the plurilateral agreement among Arab states would lead to a 30 percent increase in intraregional passenger traffic. Widening the agreement to include Turkey would generate significantly larger gains because current policy vis-`-vis Turkey is much more restrictive
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  • 50
    Language: English
    Pages: 1 Online-Ressource (46 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Constantinescu, Cristina The Global Trade Slowdown: Cyclical or Structural?
    Abstract: This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses an empirical strategy based on an error correction model to assess whether the global trade slowdown is structural or cyclical
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  • 51
    Language: English
    Pages: Online-Ressource (34 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Kaminski, Jonathan Post-Harvest Loss in Sub-Saharan Africa
    Abstract: The 2007-2008 global food crisis has renewed interest in post-harvest loss, but estimates remain scarce, especially in Sub-Saharan Africa. This paper uses self-reported measures from nationally representative household surveys in Malawi, Uganda, and Tanzania. Overall, on-farm post-harvest loss adds to 1.4-5.9 percent of the national maize harvest, substantially lower than the Food and Agriculture Organization's post-harvest handling and storage loss estimate for cereals, which is 8 percent. Post-harvest loss is concentrated among less than a fifth of households. It increases with humidity and temperature and declines with better market access, post-primary education, higher seasonal price differences, and possibly improved storage practices. Wider use of nationally representative surveys in studying post-harvest loss is called for
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  • 52
    Language: English
    Pages: Online-Ressource (48 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Barattieri, Alessandro Cross-Border Mergers and Acquisitions in Services
    Abstract: This paper presents evidence on the determinants of cross-border mergers and acquisitions in services sectors. It develops a stylized model of mergers and acquisitions that predicts that the incidence of merger and acquisition deals depends, inter alia, on the target economy's size, industrial structure and investment policies, as well as on bilateral transactions costs. These predictions are examined with bilateral merger and acquisition flow data and detailed information on policy barriers from a new database of restrictions on services investment. The analysis finds that: (1) geographical factors affect mergers and acquisitions in services and manufacturing similarly but cultural factors affect mergers and acquisitions in services more than in manufacturing. (2) Controlling for these bilateral factors, restrictive investment policies reduce the probability of merger and acquisition inflows but this negative effect is mitigated in countries with relatively large shares of manufacturing and (to a lesser extent) services in gross domestic product. The same results hold for the number of merger and acquisition deals received. These findings suggest that the impact of policy is state-dependent and related to the composition of gross domestic product in the target economy
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  • 53
    Language: English
    Pages: Online-Ressource (38 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Bertho, Fabien The Trade-Reducing Effects of Restrictions on Liner Shipping
    Abstract: This paper examines how policy governing the liner shipping sector affects maritime transport costs and seaborne trade flows. The paper uses a novel data set and finds that restrictions, particularly on foreign investment, increase maritime transport costs, strongly but unevenly. The cost-inflating effect ranges from 24 to 50 percent and trade on some routes may be inhibited altogether. Distance increases maritime transport costs, but also attenuates the cost impact of policy barriers. Overall, policy restrictions may lower trade flows on specific routes by up to 46 percent and therefore deserve greater attention in national reform programs and international trade negotiations
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  • 54
    Language: English
    Pages: Online-Ressource (43 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Kaminski, Jonathan The End of Seasonality?
    Abstract: This paper revisits the extent of seasonality in African livelihoods, which has disappeared from Africa's development debate. Through econometric analysis of monthly food price series across 100 locations in three countries during 2000-12, it is shown that seasonal movements in maize wholesale prices explain 20 (Tanzania, Uganda) to 40 (Malawi) percent of their monthly volatility. Monthly maize peak prices are on average 30 (Tanzania, Uganda) to 50 (Malawi) percent higher than their monthly troughs and two to three times higher than the seasonal gaps observed for white maize at the South African Futures Exchange. Furthermore, household food consumption is found to inversely track food prices in each country, decreasing when staple prices increase and increasing when they decline. Clearly, (excess) seasonality in African food markets and consumption persists, necessitating policy attention
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  • 55
    Language: English
    Pages: Online-Ressource (43 p)
    Edition: 2013 World Bank eLibrary
    Parallel Title: Christiaensen, Luc Poverty Reduction during the Rural-Urban Transformation
    Abstract: As countries develop, they restructure away from agriculture and urbanize. But structural transformation and urbanization patterns differ substantially, with some countries fostering migration out of agriculture into rural off farm activities and secondary towns, and others undergoing rapid agglomeration in mega cities. Using cross-country panel data for developing countries spanning 1980-2004, the analysis in this paper finds that migration out of agriculture into the missing middle (the rural nonfarm economy and secondary towns) yields more inclusive growth patterns and faster poverty reduction than agglomeration in mega cities. This suggests that patterns of urbanization deserve much more attention when striving for faster poverty reduction
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  • 56
    Language: English
    Pages: Online-Ressource (37 p)
    Edition: 2013 World Bank eLibrary
    Parallel Title: Christiaensen, Luc Urbanization and Poverty Reduction
    Keywords: Armutsbekämpfung ; Stadtentwicklung ; Stadt-Land-Beziehungen ; Ländliche Wirtschaft ; Wirtschaftliche Anpassung ; Urbanisierung ; Tansania
    Abstract: A rather unique panel tracking more than 3,300 individuals from households in rural Kagera, Tanzania during 1991/4-2010 shows that about one in two individuals/households who exited poverty did so by transitioning from agriculture into the rural nonfarm economy or secondary towns. Only one in seven exited poverty by migrating to a large city, although those moving to a city experienced on average faster consumption growth. Further analysis of a much larger cross-country panel of 51 developing countries cannot reject that rural diversification and secondary town development lead to more inclusive growth patterns than metropolitization. Indications are that this follows because more of the poor find their way to the rural nonfarm economy and secondary towns, than to distant cities. The development discourse would benefit from shifting beyond the rural-urban dichotomy and focusing instead more on how best to urbanize and develop the rural nonfarm economy and secondary towns
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  • 57
    Language: English
    Pages: Online-Ressource (52 p)
    Edition: 2013 World Bank eLibrary
    Parallel Title: Mattoo, Aaditya A "Greenprint" for International Cooperation on Climate Change
    Abstract: International negotiations on climate change have been dogged by mutual recriminations between rich and poor countries, constricted by the zero-sum arithmetic of a shrinking global carbon budget, and overtaken by shifts in economic power between industrialized and developing countries. To overcome these "narrative," "adding-up," and "new world" problems, respectively, this paper proposes a new Greenprint for cooperation. First, the large dynamic emerging economies-China, India, Brazil, and Indonesia-must assume the mantle of leadership, offering contributions of their own and prodding the reluctant industrial countries into action. This role reversal would be consistent with the greater stakes for the dynamic emerging economies. Second, the emphasis must be on technology generation. This would allow greater consumption and production possibilities for all countries while respecting the global emissions budget that is dictated by the climate change goal of keeping average temperature rise below 2 degrees centigrade. Third, instead of the old cash-for-cuts approach-which relies on the industrial countries offering cash (which they do not have) to the dynamic emerging economies for cuts (that they are unwilling to make)-all major emitters must make contributions. With a view to galvanizing a technology revolution, industrial countries would take early action to raise carbon prices. The dynamic emerging economies would in turn eliminate fossil fuel subsidies, commit to matching carbon price increases in the future, allow limited border taxes against their own exports, and strengthen protection of intellectual property for green technologies. This would directly and indirectly facilitate such a technological revolution
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  • 58
    Language: English
    Pages: Online-Ressource (48 p)
    Edition: 2013 World Bank eLibrary
    Parallel Title: Iacovone, Leonardo Trade and Innovation in Services
    Abstract: Studies on innovation and international trade have traditionally focused on manufacturing because neither was seen as important for services. Moreover, the few existing studies on services focus only on industrial countries, although in many developing countries services are already the largest sector in the economy and an important determinant of overall productivity growth. Using a recent firm-level innovation survey for Chile to compare the manufacturing and "tradable" services sector, this paper reveals some novel patterns. First, although services firms have on average a much lower propensity to export than manufacturing firms, services exports are less dominated by large firms and tend to be more skill intensive than manufacturing exports. Second, services firms appear to be as innovative as-and in some cases more innovative than-manufacturing firms, in terms of both inputs and outputs of "technological" innovative activity, although services innovations more often take a "non-technological" form. Third, services exporters (like manufacturing exporters) tend to be significantly more innovative than non-exporters, with a wider gap for innovations close to the global technological frontier. These findings suggest that the growing faith in services as a source of both trade and innovative dynamism may not be misplaced
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  • 59
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (24 p)
    Edition: 2013 World Bank eLibrary
    Parallel Title: Mattoo, Aaditya Criss-Crossing Migration
    Abstract: The current perspective on the flow of people is almost exclusively focused on permanent migration from poorer to richer countries and on immigration policies in industrial countries. But international mobility of people should no longer be seen as a one-time event or one-way flow from South to North. The economic crisis has accentuated the longer-term shift in location incentives for people in industrial countries. As consumers, they could obtain better and cheaper access to key services-such as care for the elderly, health, and education-whose costs at home are projected to increase in the future, threatening standards of living. As workers, they could benefit from new opportunities created by the shift in economic dynamism from industrial to emerging countries. But subtle incentives to stay at home, such as lack of portability of health insurance and non-recognition of qualifications obtained abroad, inhibit North-South mobility and need to be addressed. Furthermore, if beneficiaries of movement abroad exert countervailing power against those who support immigration barriers at home, then that could lead to greater inflows of people, boosting innovation and growth in the North. Eventually, growing two-way flows of people could create the possibility of a grand bargain to reduce impediments to the movement of people at every stage in all countries and help realize the full benefits of globalization
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  • 60
    Language: English
    Pages: Online-Ressource (59 p)
    Edition: 2012 World Bank eLibrary
    Parallel Title: Arnold, Jens Matthias Services Reform and Manufacturing Performance
    Keywords: 1993-2005 ; Dienstleistungssektor ; Bankenreform ; Telekommunikation ; Verkehrssektor ; Wirtschaftsreform ; Handelsliberalisierung ; Produktivität ; Industrie ; Indien
    Abstract: The growth of India's manufacturing sector since 1991 has been attributed mostly to trade liberalization and more permissive industrial licensing. This paper demonstrates the significant impact of a neglected factor: India's policy reforms in services. The authors examine the link between those reforms and the productivity of manufacturing firms using panel data for about 4,000 Indian firms from1993 to 2005. They find that banking, telecommunications, insurance and transport reforms all had significant, positive effects on the productivity of manufacturing firms. Services reforms benefited both foreign and locally-owned manufacturing firms, but the effects on foreign firms tended to be stronger. A one-standard-deviation increase in the aggregate index of services liberalization resulted in a productivity increase of 11.7 percent for domestic firms and 13.2 percent for foreign enterprises
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  • 61
    Language: English
    Pages: Online-Ressource (33 p)
    Edition: 2012 World Bank eLibrary
    Parallel Title: Christiaensen, Luc Greening China's Rural Energy
    Abstract: Clean, safe energy for rural areas is an important component of green growth and sustainable development. Biogas could be an important contributor, if its record in reality lives up to its expected potential. This paper provides a preliminary assessment of biogas use by smallholder farmers in rural China, using data collected from 2,700 households in five provinces. The authors find that user satisfaction is high, and environmental and economic benefits appear tangible. There are strong indications of reduced use of wood and crop residues for fuel. Less time is spent on collecting fuel wood and cooking, which is especially beneficial to women. Adopters also save on fertilizers, because of the use of biogas residues. Moreover, problems with suspension of biogas use, whether due to technical or human factors, remained limited. However, few tangible benefits to respiratory health were detected. Overall, these findings are grounds for optimism about the potential for of smallholder biogas to contribute to more sustainable development, in China and beyond
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  • 62
    Language: English
    Pages: Online-Ressource (51 p)
    Edition: 2012 World Bank eLibrary
    Parallel Title: Christiaensen, Luc On the Fungibility of Spending and Earnings
    Abstract: A common behavioral assumption of micro-economic theory is that income is fungible. Using household panel data from rural China and Tanzania, this study finds however that people are more likely to spend unearned income on less basic consumption goods such as alcohol and tobacco, non-staple food, transportation and communication, and clothing, while they are somewhat more likely to spend earned income on basic consumption goods such as staple food, and invest it in education. This resonates with the widespread cultural notion that money that is easily earned is also more easily spent. Cognitively, the results could be understood within the context of emotional accounting, whereby people classify income based on the emotions it evokes, prompting them to spend hard earned money more wisely to mitigate the negative connotations associated with its acquisition. The policy implications are real, bearing for example on the choice between employment guarantee schemes and cash transfers in designing social security programs
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  • 63
    Language: English
    Pages: Online-Ressource (43 p)
    Edition: 2012 World Bank eLibrary
    Parallel Title: Mattoo, Aaditya Spillover Effects of Exchange Rates
    Abstract: This paper estimates how changes in China's exchange rates would affect exports from competitor countries in third-country markets-in other words, the "spillover effect." The authors use recent theory to develop an identification strategy, with a key role for the competition between China and its developing country competitors in specific products and export destinations. Using disaggregated trade data, they estimate the spillover effect by exploiting the variation across different exporters, importers, products, and time periods. They find a spillover effect that is statistically and quantitatively significant. Their estimates suggest that a 10-percent appreciation of China's real exchange rate boosts a developing country's exports of a typical four-digit Harmonized System product category to third markets by about 1.5 to 2 percent on average. The magnitude of the spillover effect varies systematically with the characteristics of products, such as the extent to which they are differentiated
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  • 64
    Language: English
    Pages: Online-Ressource (57 p)
    Edition: 2012 World Bank eLibrary
    Parallel Title: Ingo Borchert Policy Barriers to International Trade in Services
    Abstract: Surprisingly little is known about policies that affect international trade in services. Previous analyses have focused on policy commitments made by countries in international agreements but these commitments do not in many cases reflect actual policy. This paper describes a new initiative to collect comparable information on services trade policies for 103 countries, across a range of service sectors and the relevant modes of service delivery. The resultant database reveals interesting patterns in policy. Across regions, some of the fastest growing countries in Asia and the oil-rich Gulf states have the most restrictive policies in services, whereas some of the poorest countries are remarkably open. Across sectors, professional and transportation services are among the most protected in both industrial and developing countries, while retail, telecommunications and even finance tend to be more open. An illustrative set of results suggests that trade policies matter for investment flows and access to services. In particular, restrictions on foreign acquisitions, discrimination in licensing, restrictions on the repatriation of earnings and lack of legal recourse all have a significant and sizable negative effect, reducing the expected value of sectoral foreign investment by
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  • 65
    Language: English
    Pages: Online-Ressource (41 p)
    Edition: 2012 World Bank eLibrary
    Parallel Title: Borchert, Ingo Landlocked or Policy Locked?
    Abstract: A new cross-country database on services policy reveals a perverse pattern: many landlocked countries restrict trade in the very services that connect them with the rest of the world. On average, telecommunications and air-transport policies are significantly more restrictive in landlocked countries than elsewhere. The phenomenon is most starkly visible in Sub-Saharan Africa and is associated with lower levels of political accountability. This paper finds evidence that these policies lead to more concentrated market structures and more limited access to services than these countries would otherwise have, even after taking into account the influence of geography and incomes, and the possibility that policy is endogenous. Even moderate liberalization in these sectors could lead to an increase of cellular subscriptions by 7 percentage points and a 20-percent increase in the number of flights. Policies in other countries, industrial and developing alike, also limit competition in international transport services. Hence, "trade-facilitating" investments under various "aid-for-trade" initiatives are likely to earn a low return unless they are accompanied by meaningful reform in these services sectors
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  • 66
    Language: English
    Pages: Online-Ressource (64 p)
    Edition: 2012 World Bank eLibrary
    Parallel Title: Ingo Borchert Guide to the Services Trade Restrictions Database
    Abstract: A new Services Trade Restrictions Database collects and makes publicly available information on services trade policy assembled in a comparable manner across 103 countries, five sectors (telecommunications, finance, transportation, retail and professional services) and the key modes of service supply. It contains richly textured policy information as well as a preliminary quantification of policy measures. This paper is a guide to the database, and provides a description of the data, how it was collected, how policy information was quantified, and how the data are presented in the publicly available, interactive Web database. The database is best seen as a first response to the strong demand for better information from policy-makers, negotiators, researchers and the private sector. Even in its present version, the database can play an important role in advancing policy reform by facilitating the analysis of services policies, informing international negotiations by providing data on actual policies, and provoking dialogue and refinements by making information on policies publicly available. Through feedback from various interested parties, the database may evolve into a collectively created public good
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  • 67
    Language: English
    Pages: Online-Ressource (43 p)
    Edition: 2012 World Bank eLibrary
    Parallel Title: Aaditya Mattoo Performance of Skilled Migrants in the U.S
    Abstract: The initial occupational placements of male immigrants in the United States labor market vary significantly by country of origin even when education and other individual factors are taken into account. Does the heterogeneity persist over time? Using data from the 1980, 1990, and 2000 Censuses, this paper finds that the performance of migrants from countries with lower initial occupational placement levels improves at a higher rate compared with that of migrants originating from countries with higher initial performance levels. Nevertheless, the magnitude of convergence suggests that full catch-up is unlikely. The impact of country specific attributes on the immigrants' occupational placement occurs mainly through their effect on initial performance and they lose significance when initial occupational levels are controlled for in the estimation
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  • 68
    Language: English
    Pages: Online-Ressource (45 p)
    Edition: 2012 World Bank eLibrary
    Parallel Title: Cadot, Olivier Are the Benefits of Export Support Durable?
    Abstract: This paper evaluates the effects of the FAMEX export promotion program in Tunisia on the performance of beneficiary firms. While much of the literature assesses only the short-term impact of such programs, the paper considers also the longer-term impact. Propensity-score matching, difference-in-difference, and weighted least squares estimates suggest that beneficiaries initially see faster export growth and greater diversification across destination markets and products. However, three years after the intervention, the growth rates and the export levels of beneficiaries are not significantly different from those of non-beneficiary firms. Exports of beneficiaries do remain more diversified, but the diversification does not translate into lower volatility of exports. The authors also did not find evidence that the program produced spillover benefits for non-beneficiary firms. However, the results on the longer-term impact of export promotion must be interpreted cautiously because the later years of the sample period saw a collapse in world trade, which may not have affected all firms equally
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  • 69
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: China's success in addressing food problems after adopting the reforms in 1978 has been nothing less than remarkable. Grain output (rice, wheat and maize) has almost doubled and most hunger has been eliminated. Ever since China embarked on its reform agenda more than 30 years ago, its economic growth and poverty reduction have been nothing less than remarkable. Agriculture has been an important contributor to these developments. Since 1978, China has almost doubled its cereal production (rice, wheat and maize) and it is now feeding 1.3 billion people, or 20 percent of the world's population, while having less than 11 percent of the world s agricultural land and less than 6 percent of its water. New challenges are presenting themselves for China's agriculture, and old ones are resurfacing. High (land saving) Total Factor Productivity (TFP) growth and increasingly open domestic and international markets, combined with grain self-sufficiency targets, a multitude of very small, fragmented production structures, and distorted land and labor markets have defined Chinese agriculture over the past three decades. The relative importance of agriculture s three problems in policymaking thus evolves during the course of development away from the food to the farm and field problems. This shift has however recently been compounded by a resurgence of the food problem, as global supplies struggle to keep up with demand. China's agriculture anno 2030 will be predominantly a modern commercial smallholder agriculture that ensures self-sufficiency in cereal food (rice and wheat), but not in cereal feed (maize and soybeans). The sector will maximize rural employment opportunities in labor intensive high value agricultural products and act as a diligent custodian of its precious natural resources
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  • 70
    Language: English
    Pages: Online-Ressource (27 p)
    Edition: 2011 World Bank eLibrary
    Parallel Title: Hoekman, Bernard Services trade liberalization and regulatory reform
    Abstract: Trade and investment in services are inhibited by a range of policy restrictions, but the best offers so far in the Doha negotiations are on average twice as restrictive as actual policy. They will generate no additional market opening. Regulatory concerns help explain the limited progress. This paper develops two proposals to enhance the prospects for both liberalization of services trade and regulatory reform. The first is for governments to create mechanisms (“services knowledge platforms”) to bring together regulators, trade officials, and stakeholders to discuss services regulatory reform. Such mechanisms could identify reform priorities and opportunities for utilization of “aid for trade” resources, thereby putting in place the preconditions for future market opening. The second proposal is for a new approach to negotiations in the World Trade Organization, with a critical mass of countries that account for the bulk of services production agreeing to lock-in applied levels of protection and pre-committing to reform of policies affecting foreign direct investment and international movement for individual service providers-two areas where current policy is most restrictive and potential benefits from liberalization are greatest. If these proposals cannot be fully implemented in the Doha time frame, then any Doha agreement could at least lay the basis for a forward-looking program of international cooperation along the proposed lines
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  • 71
    Language: English
    Pages: Online-Ressource (46 p)
    Edition: 2011 World Bank eLibrary
    Parallel Title: Christiaensen, Luc Small Area Estimation-Based Prediction Methods to Track Poverty
    Abstract: Tracking poverty is predicated on the availability of comparable consumption data and reliable price deflators. However, regular series of strictly comparable data are only rarely available. Price deflators are also often missing or disputed. In response, poverty prediction methods that track consumption correlates as opposed to consumption itself have been developed. These methods typically assume that the estimated relation between consumption and its predictors is stable over time-an assumption that cannot usually be tested directly. This study analyzes the performance of poverty prediction models based on small area estimation techniques. Predicted poverty estimates are compared with directly observed levels in two country settings where data comparability over time is not a problem. Prediction models that employ either non-staple food or non-food expenditures or a full set of assets as predictors are found to yield poverty estimates that match observed poverty well. This offers some support to the use of such methods to approximate the evolution of poverty. Two further country examples illustrate how an application of the method employing models based on household assets can help to adjudicate between alternative price deflators
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  • 72
    Language: English
    Pages: Online-Ressource (33 p)
    Edition: 2011 World Bank eLibrary
    Parallel Title: Pörtner, Claus C Family Planning and Fertility
    Abstract: Although reproductive health advocates consider family planning programs the intervention of choice to reduce fertility, there remains a great deal of skepticism among economists as to their effectiveness, despite little rigorous evidence to support either position. This study explores the effects of family planning in Ethiopia using a novel set of instruments to control for potential non-random program placement. The instruments are based on ordinal rankings of area characteristics, motivated by competition between areas for resources. Access to family planning is found to reduce completed fertility by more than one child among women without education. No effect is found among women with some formal schooling, suggesting that family planning and formal education act as substitutes, at least in this low-income, low-growth setting. This provides support to the notion that increasing access to family planning can provide an important, complementary entry point to kick-start the process of fertility reduction
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  • 73
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (41 p)
    Edition: 2011 World Bank eLibrary
    Parallel Title: Mattoo, Aaditya China and the World Trading System
    Abstract: The World Trade Organization has been until recently an effective framework for cooperation because it has continually adapted to changing economic realities. The current Doha Agenda is an aberration because it does not reflect one of the largest shifts in the international economic and trading system: the rise of China. Although China will have a stake in maintaining trade openness, an initiative that builds on but redefines the Doha Agenda would anchor China more fully in the multilateral trading system. Such an initiative would have two pillars. The first is a new negotiating agenda that would include the major issues of interest to China and its trading partners, and thus unleash the powerful reciprocal liberalization mechanism that has driven the World Trade Organization process to previous successes. The second is new restraints on bilateralism and regionalism that would help preserve incentives for maintaining the current broadly non-discriminatory trading order
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  • 74
    Language: English
    Pages: Online-Ressource (42 p)
    Edition: 2011 World Bank eLibrary
    Parallel Title: Pan, Lei Who is Vouching for the Input Voucher?
    Abstract: Input subsidy programs carry support as instruments to increase agricultural productivity, provided they are market-smart. This requires especially proper targeting to contain the fiscal pressure, with decentralized targeting of input vouchers currently the instrument of choice. Nonetheless, despite clear advantages in administrative costs, the fear of elite capture persists. These fears are borne out in the experience from the 2008 input voucher pilot program in Kilimanjaro, Tanzania, examined here. Elected village officials received about 60 percent of the distributed vouchers, a factor that significantly reduced the targeting performance of the program, especially in more unequal and remote communities. When targeting the poor, greater coverage and a focus on high trust settings helped mitigate these concerns. The findings highlight the continuing need for scrutiny when relying on decentralized targeting. A clearer sense of purpose (increasing productivity among poorer farmers versus increasing aggregate output) could also enhance the targeting performance
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  • 75
    Language: English
    Pages: Online-Ressource (45 p)
    Edition: 2011 World Bank eLibrary
    Parallel Title: Cadot, Olivier Impact Evaluation of Trade Interventions
    Abstract: The focus of trade policy has shifted in recent years from economy-wide reductions in tariffs and trade restrictions toward targeted interventions to facilitate trade and promote exports. Most of these latter interventions are based on the new mantra of "aid-for-trade" rather than on hard evidence on what works and what does not. On the one hand, rigorous impact-evaluation is needed to justify these interventions and to improve their design. On the other hand, rigorous evaluation is feasible because unlike traditional trade policy, these interventions tend to be targeted and so it is possible to construct treatment and control groups. When interventions are not targeted, such as in the case of customs reforms, some techniques, such as randomized control trials, may not be feasible but meaningful evaluation may still be possible. Theis paper discusses examples of impact evaluations using a range of methods (experimental and non-experimental), highlighting the particular issues and caveats arising in a trade context, and the valuable lessons that are already being learned. The authors argue that systematically building impact evaluation into trade projects could lead to better policy design and a more credible case for "aid-for-trade
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  • 76
    Language: English
    Pages: Online-Ressource (57 p)
    Edition: 2010 World Bank eLibrary
    Parallel Title: Thomas, Timothy Natural disasters and household welfare
    Abstract: As natural disasters hit with increasing frequency, especially in coastal areas, it is imperative to better understand how much natural disasters affect economies and their people. This requires disaggregated measures of natural disasters that can be reliably linked to households, the first challenge this paper tackles. In particular, a methodology is illustrated to create natural disaster and hazard maps from first hand, geo-referenced meteorological data. In a second step, the repeated cross-sectional national living standard measurement surveys (2002, 2004, and 2006) from Vietnam are augmented with the natural disaster measures derived in the first phase, to estimate the welfare effects associated with natural disasters. The results indicate that short-run losses from natural disasters can be substantial, with riverine floods causing welfare losses of up to 23 percent and hurricanes reducing welfare by up to 52 percent inside cities with a population over 500,000. Households are better able to cope with the short-run effects of droughts, largely due to irrigation. There are also important long-run negative effects, in Vietnam mostly so for droughts, flash floods, and hurricanes. Geographical differentiation in the welfare effects across space and disaster appears partly linked to the functioning of the disaster relief system, which has so far largely eluded households in areas regularly affected by hurricane force winds
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  • 77
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (51 p)
    Edition: 2010 World Bank eLibrary
    Parallel Title: Mattoo, Aaditya Equity in Climate Change
    Abstract: How global emissions reduction targets can be achieved equitably is a key issue in climate change discussions. This paper presents an analytical framework to encompass contributions to the literature on equity in climate change, and highlights the consequences - in terms of future emissions allocations - of different approaches to equity. Progressive cuts relative to historic levels - for example, 80 percent by industrial countries and 20 percent by developing countries - in effect accord primacy to adjustment costs and favor large current emitters such as the United States, Canada, Australia, oil exporters, and China. In contrast, principles of equal per capita emissions, historic responsibility, and ability to pay favor some large and poor developing countries such as India, Indonesia, and the Philippines, but hurt industrial countries as well as many other developing countries. The principle of preserving future development opportunities has the appeal that it does not constrain developing countries in the future by a problem that they did not largely cause in the past, but it shifts the burden of meeting climate change goals entirely to industrial countries. Given the strong conflicts of interest in defining equity in emission allocations, it may be desirable to shift the emphasis of international cooperation toward generating a low-carbon technology revolution. Equity considerations would then play a role not in allocating a shrinking emissions pie but in informing the relative contributions of countries to generating such a pie-enlarging revolution
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  • 78
    Language: English
    Pages: Online-Ressource (42 p)
    Edition: 2009 World Bank eLibrary
    Parallel Title: Loayza, Norman Natural Disasters and Growth
    Abstract: There has been a steady increase in the occurrence of natural disasters. Yet their effect on economic growth remains unclear, with some studies reporting negative, and others indicating no, or even positive effects. These seemingly contradictory findings can be reconciled by exploring the effects of natural disasters on growth separately by disaster and economic sector. This is consistent with the insights from traditional models of economic growth, where production depends on total factor productivity, the provision of intermediate outputs, and the capital-labor ratio, as well as the existence of important intersector linkages. Applying a dynamic Generalized Method of Moments panel estimator to a 1961-2005 cross-country panel, three major insights emerge. First, disasters affect economic growth - but not always negatively, and differently across disasters and economic sectors. Second, although moderate disasters can have a positive growth effect in some sectors, severe disasters do not. Third, growth in developing countries is more sensitive to natural disasters - more sectors are affected and the magnitudes are non-trivial
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  • 79
    Language: English
    Pages: Online-Ressource (36 p)
    Edition: 2009 World Bank eLibrary
    Parallel Title: Mattoo, Aaditya Criss-Crossing Globalization
    Abstract: This paper documents an unusual and possibly significant phenomenon: the export of skills, embodied in goods, services or capital from poorer to richer countries. The authors first present a set of stylized facts. Then, using a measure that combines the sophistication of a country’s exports with the average income level of destination countries, they show that the performance of a number of developing countries - notably China, Mexico and South Africa - matches that of much more advanced countries - such as Japan, Spain and the United States. The authors create a new combined dataset on foreign direct investment (covering greenfield investment as well as mergers and acquisitions). The analysis shows that flows of foreign direct investment to developed countries from developing countries - like Brazil, India, Malaysia and South Africa - as a share of their GDP, are as large as flows from developed countries - like Japan, Korea and the United States. The authors suggest that it is not just the composition of exports but their destination that matters. In both cross-sectional and panel regressions, with a range of controls, a measure of uphill flows of sophisticated goods is significantly associated with better growth performance. These results suggest the need for a deeper analysis of whether the benefits of development might derive not from deifying comparative advantage but from defying it
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  • 80
    Language: English
    Pages: Online-Ressource (46 p)
    Edition: 2009 World Bank eLibrary
    Parallel Title: Mattoo, Aaditya Reconciling Climate Change and Trade Policy
    Abstract: There is growing clamor in industrial countries for additional border taxes on imports from countries with lower carbon prices. The authors confirm the findings of other research that unilateral emissions cuts by industrial countries will have minimal carbon leakage effects. However, output and exports of energy-intensive manufactures are projected to decline potentially creating pressure for trade action. A key factor affecting the impact of any border taxes is whether they are based on the carbon content of imports or the carbon content in domestic production. Their quantitative estimates suggest that the former action when applied to all merchandise imports would address competitiveness and environmental concerns in high income countries but with serious consequences for trading partners. For example, China’s manufacturing exports would decline by one-fifth and those of all low and middle income countries by 8 per cent; the corresponding declines in real income would be 3.7 per cent and 2.4 per cent. Border tax adjustment based on the carbon content in domestic production, especially if applied to both imports and exports, would broadly address the competitiveness concerns of producers in high income countries and less seriously damage developing country trade
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  • 81
    Language: English
    Pages: Online-Ressource (48 p)
    Edition: 2009 World Bank eLibrary
    Parallel Title: Chellaraj, Gnanaraj Labor Skills and Foreign Investment in A Dynamic Economy
    Abstract: Singapore is an interesting example of how the pattern of foreign investment changes with economic development. The authors analyze inbound and outbound investment between Singapore and a sample of industrialized and developing countries over the period 1984-2003. They find that Singapore’s two-way investment with industrialized nations has shifted into skill-seeking activities over the period, while Singapore’s investments in developing countries have increased sharply and become concentrated in labor-seeking activities. Singapore’s increasing skill abundance relative to all countries in the sample accounted for 41 percent of average inbound stocks during the period, that is, US
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  • 82
    Language: English
    Pages: Online-Ressource (39 p)
    Edition: 2009 World Bank eLibrary
    Parallel Title: Mattoo, Aaditya Can Global De-Carbonization Inhibit Developing Country Industrialization ?
    Abstract: Most economic analyses of climate change have focused on the aggregate impact on countries of mitigation actions. The authors depart first in disaggregating the impact by sector, focusing particularly on manufacturing output and exports because of the potential growth consequences. Second, they decompose the impact of an agreement on emissions reductions into three components: the change in the price of carbon due to each country’s emission cuts per se; the further change in this price due to emissions tradability; and the changes due to any international transfers (private and public). Manufacturing output and exports in low carbon intensity countries such as Brazil are not adversely affected. In contrast, in high carbon intensity countries, such as China and India, even a modest agreement depresses manufacturing output by 6-7 percent and manufacturing exports by 9-11 percent. The increase in the carbon price induced by emissions tradability hurts manufacturing output most while the Dutch disease effects of transfers hurt exports most. If the growth costs of these structural changes are judged to be substantial, the current policy consensus, which favors emissions tradability (on efficiency grounds) supplemented with financial transfers (on equity grounds), needs re-consideration
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  • 83
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (35 p)
    Edition: 2009 World Bank eLibrary
    Parallel Title: Hoekman, Bernard Conclude Doha
    Abstract: The Doha Round must be concluded not because it will produce dramatic liberalization but because it will create greater security of market access. Its conclusion would strengthen, symbolically and substantively, the WTO’s valuable role in restraining protectionism in the current downturn. What is on the table would constrain the scope for tariff protection in all goods, ban agricultural export subsidies in the industrial countries and sharply reduce the scope for distorting domestic support - by 70 per cent in the EU and 60 per cent in the US. Average farm tariffs that exporters face would fall to 12 per cent (from 14.5 per cent) and the tariffs on exports of manufactures to less than 2.5 per cent (from about 3 per cent). There are also environmental benefits to be captured, in particular disciplining the use of subsidies that encourage over-fishing and lowering tariffs on technologies that can help mitigate global warming. An agreement to facilitate trade by cutting red tape will further expand trade opportunities. Greater market access for the least-developed countries will result from the "duty free and quota free" proposal and their ability to take advantage of new opportunities will be enhanced by the Doha-related "aid for trade" initiative. Finally, concluding Doha would create space for multilateral cooperation on critical policy matters that lie outside the Doha Agenda, most urgently the trade policy implications of climate change mitigation
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  • 84
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (34 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Amin, Mohammad Human Capital And The Changing Structure of The Indian Economy
    DDC: 330
    RVK:
    Keywords: Agriculture ; Development Economics ; Development policy ; E-Business ; Econometric analysis ; Economic Theory and Research ; Economics Research ; GDP ; GDP per capita ; Health, Nutrition and Population ; Human Capital ; Macroeconomics and Economic Growth ; Population Policies ; Poverty Reduction ; Private Sector Development ; Pro-Poor Growth ; Productivity growth ; Transport ; Transport Economics, Policy and Planning ; Value added ; Agriculture ; Development Economics ; Development policy ; E-Business ; Econometric analysis ; Economic Theory and Research ; Economics Research ; GDP ; GDP per capita ; Health, Nutrition and Population ; Human Capital ; Macroeconomics and Economic Growth ; Population Policies ; Poverty Reduction ; Private Sector Development ; Pro-Poor Growth ; Productivity growth ; Transport ; Transport Economics, Policy and Planning ; Value added ; Agriculture ; Development Economics ; Development policy ; E-Business ; Econometric analysis ; Economic Theory and Research ; Economics Research ; GDP ; GDP per capita ; Health, Nutrition and Population ; Human Capital ; Macroeconomics and Economic Growth ; Population Policies ; Poverty Reduction ; Private Sector Development ; Pro-Poor Growth ; Productivity growth ; Transport ; Transport Economics, Policy and Planning ; Value added
    Abstract: Using panel data for the fourteen major states of India over the 1980-2000 period, the authors estimate the effect of human capital endowment on the performance of the state economies. They find that greater availability of skilled workers had a positive and significant impact on output in the service sectors. They do not find any such effect for the manufacturing sectors. The paper shows that the differential effect on services and manufacturing arises because service sectors are more skill intensive
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  • 85
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (34 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Mattoo, Aaditya Foreign Professionals And Domestic Regulation
    Keywords: Access and Eq ; Communication technologies ; Communities & Human Settlements ; Corporate Law ; Education ; Foreign professionals ; Global market ; Graduate degrees ; Higher education ; Higher education system ; Housing and Human Habitats ; Human capital ; ICT Policy and Strategies ; Information and Communication Technologies ; International Economics & Trade ; Law and Development ; Papers ; Primary Education ; Public Examination System ; Secondary Education ; Skilled professionals ; Tertiary Education ; Trade and Services ; Workers ; Access and Eq ; Communication technologies ; Communities & Human Settlements ; Corporate Law ; Education ; Foreign professionals ; Global market ; Graduate degrees ; Higher education ; Higher education system ; Housing and Human Habitats ; Human capital ; ICT Policy and Strategies ; Information and Communication Technologies ; International Economics & Trade ; Law and Development ; Papers ; Primary Education ; Public Examination System ; Secondary Education ; Skilled professionals ; Tertiary Education ; Trade and Services ; Workers ; Access and Eq ; Communication technologies ; Communities & Human Settlements ; Corporate Law ; Education ; Foreign professionals ; Global market ; Graduate degrees ; Higher education ; Higher education system ; Housing and Human Habitats ; Human capital ; ICT Policy and Strategies ; Information and Communication Technologies ; International Economics & Trade ; Law and Development ; Papers ; Primary Education ; Public Examination System ; Secondary Education ; Skilled professionals ; Tertiary Education ; Trade and Services ; Workers
    Abstract: Changes in demographics and patterns of investment in human capital are creating increased scope for international trade in professional services. The scope for mutually beneficial trade is, however, inhibited not only by quotas and discriminatory taxation, but also by domestic regulation - including a range of qualification and licensing requirements and procedures. To illustrate the nature and implications of these regulatory impediments, this paper presents a detailed description of the regulatory requirements faced in the United States market by four types of Indian professionals: doctors, engineers, architects, and accountants. India is one of the largest exporters of skilled services, and the United States is one of the largest importers of skilled services, so these two countries reflect broader global trends. The paper argues that regulatory discrimination, for example through preferential recognition agreements, has implications both for the pattern of trade and for welfare. It presents some illustrative estimates that suggest the economic cost of regulations may be substantial. The paper concludes by examining how the trade-inhibiting impact of regulatory requirements could be addressed through bilateral and multilateral negotiations
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  • 86
    Language: English
    Pages: Online-Ressource (1 online resource (28 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Hoekman, Bernard Regulatory Cooperation, Aid For Trade And The General Agreement On Trade In Services
    Keywords: Banks and Banking Reform ; Best Market ; Business Practice ; Developing Countries ; Economic Theory and Research ; Emerging Markets ; Free Trade ; Growth Rate ; International Cooperation ; International Economics & Trade ; Liberalization ; Macroeconomics and Economic Growth ; Market Access ; Private Sector Development ; Regulators ; Technological Change ; Trade and Services ; World Trade ; Banks and Banking Reform ; Best Market ; Business Practice ; Developing Countries ; Economic Theory and Research ; Emerging Markets ; Free Trade ; Growth Rate ; International Cooperation ; International Economics & Trade ; Liberalization ; Macroeconomics and Economic Growth ; Market Access ; Private Sector Development ; Regulators ; Technological Change ; Trade and Services ; World Trade ; Banks and Banking Reform ; Best Market ; Business Practice ; Developing Countries ; Economic Theory and Research ; Emerging Markets ; Free Trade ; Growth Rate ; International Cooperation ; International Economics & Trade ; Liberalization ; Macroeconomics and Economic Growth ; Market Access ; Private Sector Development ; Regulators ; Technological Change ; Trade and Services ; World Trade
    Abstract: This paper discusses what could be done to expand services trade and investment through a multilateral agreement in the World Trade Organization. A distinction is made between market access liberalization and the regulatory preconditions for benefiting from market opening. The authors argue that prospects for multilateral services liberalization would be enhanced by making national treatment the objective of World Trade Organization services negotiations, thereby clarifying the scope of World Trade Organization commitments for regulators. Moreover, liberalization by smaller and poorer members of the World Trade Organization would be facilitated by complementary actions to strengthen regulatory capacity. If pursued as part of the operationalization of the World Trade Organization's 2006 Aid for Trade taskforce report, the World Trade Organization could become more relevant in promoting not just services liberalization but, more importantly, domestic reforms of services policies
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  • 87
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (38 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Hoekman, Bernard Services Trade And Growth
    Keywords: Banks and Banking Reform ; Comparative Advantage ; Competitiveness ; Economic Growth ; Economic Theory and Research ; Emerging Markets ; GDP ; ICT Policy and Strategies ; Information and Communication Technologies ; Macroeconomics and Economic Growth ; National Income ; Open Economies ; Per Capita Income ; Private Sector Development ; Productivity ; Structural Change ; Telecommunications ; Transport ; Transport Economics, Policy and Planning ; Banks and Banking Reform ; Comparative Advantage ; Competitiveness ; Economic Growth ; Economic Theory and Research ; Emerging Markets ; GDP ; ICT Policy and Strategies ; Information and Communication Technologies ; Macroeconomics and Economic Growth ; National Income ; Open Economies ; Per Capita Income ; Private Sector Development ; Productivity ; Structural Change ; Telecommunications ; Transport ; Transport Economics, Policy and Planning ; Banks and Banking Reform ; Comparative Advantage ; Competitiveness ; Economic Growth ; Economic Theory and Research ; Emerging Markets ; GDP ; ICT Policy and Strategies ; Information and Communication Technologies ; Macroeconomics and Economic Growth ; National Income ; Open Economies ; Per Capita Income ; Private Sector Development ; Productivity ; Structural Change ; Telecommunications ; Transport ; Transport Economics, Policy and Planning
    Abstract: The competitiveness of firms in open economies is increasingly determined by access to low-cost and high-quality producer services - telecommunications, transport and distribution services, financial intermediation, etc. This paper discusses the role of services in economic growth, focusing in particular on channels through which openness to trade in services may increase productivity at the level of the economy as a whole, industries and the firm. The authors explore what recent empirical work suggests could be done to enhance comparative advantage in the production and export of services and how to design policy reforms to open services markets to greater foreign participation in a way that ensures not just greater efficiency but also greater equity in terms of access to services
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  • 88
    Language: English
    Pages: Online-Ressource (1 online resource (31 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Mattoo, Aaditya Currency Undervaluation And Sovereign Wealth Funds
    Keywords: Access to Finance ; Bankruptcy and Resolution of Financial Distress ; Currencies and Exchange Rates ; Currency ; Debt Markets ; Economic Theory and Research ; Emerging Markets ; Enforcement ; Exchange ; Exchange rate ; Exchange rates ; Finance and Financial Sector Development ; Free Trade ; Government action ; Interest ; International Economics & Trade ; Investments ; Law and Development ; Macroeconomics and Economic Growth ; Private Sector Development ; Subsidies ; Trade Law ; World trade ; Access to Finance ; Bankruptcy and Resolution of Financial Distress ; Currencies and Exchange Rates ; Currency ; Debt Markets ; Economic Theory and Research ; Emerging Markets ; Enforcement ; Exchange ; Exchange rate ; Exchange rates ; Finance and Financial Sector Development ; Free Trade ; Government action ; Interest ; International Economics & Trade ; Investments ; Law and Development ; Macroeconomics and Economic Growth ; Private Sector Development ; Subsidies ; Trade Law ; World trade ; Access to Finance ; Bankruptcy and Resolution of Financial Distress ; Currencies and Exchange Rates ; Currency ; Debt Markets ; Economic Theory and Research ; Emerging Markets ; Enforcement ; Exchange ; Exchange rate ; Exchange rates ; Finance and Financial Sector Development ; Free Trade ; Government action ; Interest ; International Economics & Trade ; Investments ; Law and Development ; Macroeconomics and Economic Growth ; Private Sector Development ; Subsidies ; Trade Law ; World trade
    Abstract: Two aspects of global imbalances - undervalued exchange rates and sovereign wealth funds - require a multilateral response. For reasons of inadequate leverage and eroding legitimacy, the International Monetary Fund has not been effective in dealing with undervalued exchange rates. This paper proposes new rules in the World Trade Organization to discipline cases of significant undervaluation that are clearly attributable to government action. The rationale for WTO involvement is that there are large trade consequences of undervalued exchange rates, which act as both import tariffs and export subsidies, and that the WTO's enforcement mechanism is credible and effective. The World Trade Organization would not be involved in exchange rate management, and would not displace the International Monetary Fund. Rather, the authors suggest ways to harness the comparative advantage of the two institutions, with the International Monetary Fund providing the essential technical expertise in the World Trade Organization's enforcement process. There is a bargain to be struck between countries with sovereign wealth funds, which want secure and liberal access for their capital, and capital-importing countries, which have concerns about the objectives and operations of sovereign wealth funds. The World Trade Organization is the natural place to strike this bargain. Its General Agreement on Trade in Services, already covers investments by sovereign wealth funds, and other agreements offer a precedent for designing disciplines for these funds. Placing exchange rates and sovereign wealth funds on the trade negotiating agenda may help revive the Doha Round by rekindling the interest of a wide variety of groups
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  • 89
    Language: English
    Pages: Online-Ressource (1 online resource (34 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Amin, Mohammad Migration From Zambia
    Keywords: Brain Drain ; Health Monitoring and Evaluation ; Health, Nutrition and Population ; Host Countries ; Human Capital ; Immigrants ; Immigration ; International Cooperation ; International Migration ; Labor Market ; Migrants ; Migration ; Migration Policy ; Population Policies ; Brain Drain ; Health Monitoring and Evaluation ; Health, Nutrition and Population ; Host Countries ; Human Capital ; Immigrants ; Immigration ; International Cooperation ; International Migration ; Labor Market ; Migrants ; Migration ; Migration Policy ; Population Policies ; Brain Drain ; Health Monitoring and Evaluation ; Health, Nutrition and Population ; Host Countries ; Human Capital ; Immigrants ; Immigration ; International Cooperation ; International Migration ; Labor Market ; Migrants ; Migration ; Migration Policy ; Population Policies
    Abstract: The paper analyzes migration from Zambia in order to understand how migration policy can support development in the least developed countries. Overall emigration from Zambia is not high by regional standards, but the pattern of migration is skewed toward the skilled and away from the unskilled. A development-friendly approach to migration for Zambia would strive to ensure the temporariness of both types of movement. First, industrial countries may be willing to accept a higher level of unskilled immigration if they could be certain that it is temporary. Second, any adverse effects of brain drain would be greatly alleviated if skilled emigration is temporary. The problem is that host countries cannot unilaterally ensure temporariness of unskilled migration because repatriation cannot be accomplished without the help of source countries like Zambia, and source countries today have little incentive to facilitate the return of the unskilled. At the same time, source countries like Zambia cannot unilaterally ensure temporariness of the skilled because repatriation cannot be accomplished without the help of the host countries, and host countries currently have little incentive to send back the skilled. So, there is a strong case and considerable scope for cooperation between source countries like Zambia and destination countries in the design and implementation of migration policy so that unskilled migration becomes feasible and skilled migration takes a more desirable form
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  • 90
    Language: English
    Pages: Online-Ressource (1 online resource (38 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Arnold, Jens Does Services Liberalization Benefit Manufacturing Firms ?
    Keywords: Bank ; Banking ; Banks ; Banks and Banking Reform ; Credit Enterprises ; Debt Markets ; E-Business ; Economic Theory and Research ; Education ; Education for the Knowledge ; Emerging Markets ; Equilibrium Models ; Finance ; Finance and Financial Sector Development ; Foreign Entry ; Governments ; Industry ; Infrastructure ; Insurance ; Knowledge Economy ; Labor ; Macroeconomics and Economic Growth ; Markets ; Operations ; Private Sector Development ; Public Sector Corruption and Anticorruption Measures ; Social Protections and Labor ; Bank ; Banking ; Banks ; Banks and Banking Reform ; Credit Enterprises ; Debt Markets ; E-Business ; Economic Theory and Research ; Education ; Education for the Knowledge ; Emerging Markets ; Equilibrium Models ; Finance ; Finance and Financial Sector Development ; Foreign Entry ; Governments ; Industry ; Infrastructure ; Insurance ; Knowledge Economy ; Labor ; Macroeconomics and Economic Growth ; Markets ; Operations ; Private Sector Development ; Public Sector Corruption and Anticorruption Measures ; Social Protections and Labor ; Bank ; Banking ; Banks ; Banks and Banking Reform ; Credit Enterprises ; Debt Markets ; E-Business ; Economic Theory and Research ; Education ; Education for the Knowledge ; Emerging Markets ; Equilibrium Models ; Finance ; Finance and Financial Sector Development ; Foreign Entry ; Governments ; Industry ; Infrastructure ; Insurance ; Knowledge Economy ; Labor ; Macroeconomics and Economic Growth ; Markets ; Operations ; Private Sector Development ; Public Sector Corruption and Anticorruption Measures ; Social Protections and Labor
    Abstract: While there is considerable empirical evidence on the impact of liberalizing trade in goods, the effects of services liberalization have not been empirically established. Using firm-level data from the Czech Republic for the period 1998-2003, this study examines the link between services sector reforms and the productivity of domestic firms in downstream manufacturing. Several aspects of services reform are considered and measured, namely, the increased presence of foreign providers, privatization, and enhanced competition. The manufacturing-services linkage is measured using information on the degree to which manufacturing firms in a particular industry rely on intermediate inputs from specific services sectors. The econometric results lead to two conclusions. First, the study finds that services policy matters for the productivity of manufacturing firms relying on services inputs. This finding is robust to several econometric specifications, including controlling for unobservable firm heterogeneity and for other aspects of openness. Second, it finds evidence that opening services sectors to foreign providers is a key channel through which services liberalization contributes to improved performance of downstream manufacturing sectors. This finding is robust to instrumenting for the extent of foreign presence in services industries. As most barriers to foreign investment today are not in goods but in services sectors, the findings may strengthen the argument for reform in this area
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  • 91
    Language: English
    Pages: Online-Ressource (1 online resource (41 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Christiaensen, Luc Consumption Risk, Technology Adoption, And Poverty Traps
    Keywords: Agriculture ; Assets ; Consumption ; Currencies and Exchange Rates ; Decision making ; Economic Theory and Research ; Finance and Financial Sector Development ; Financial Intermediation ; Income ; Inefficiency ; Labor Policies ; Macroeconomics and Economic Growth ; Product markets ; Profitability ; Social Protections and Labor ; Sunk costs ; Transactions costs ; Wealth ; Agriculture ; Assets ; Consumption ; Currencies and Exchange Rates ; Decision making ; Economic Theory and Research ; Finance and Financial Sector Development ; Financial Intermediation ; Income ; Inefficiency ; Labor Policies ; Macroeconomics and Economic Growth ; Product markets ; Profitability ; Social Protections and Labor ; Sunk costs ; Transactions costs ; Wealth ; Agriculture ; Assets ; Consumption ; Currencies and Exchange Rates ; Decision making ; Economic Theory and Research ; Finance and Financial Sector Development ; Financial Intermediation ; Income ; Inefficiency ; Labor Policies ; Macroeconomics and Economic Growth ; Product markets ; Profitability ; Social Protections and Labor ; Sunk costs ; Transactions costs ; Wealth
    Abstract: Much has been written on the determinants of input and technology adoption in agriculture, with issues such as input availability, knowledge and education, risk preferences, profitability, and credit constraints receiving much attention. This paper focuses on a factor that has been less well documented-the differential ability of households to take on risky production technologies for fear of the welfare consequences if shocks result in poor harvests. Building on an explicit model, this is explored in panel data for Ethiopia. Historical rainfall distributions are used to identify the counterfactual consumption risk. Controlling for unobserved household and time-varying village characteristics, it emerges that not just ex-ante credit constraints, but also the possibly low consumption outcomes when harvests fail, discourage the application of fertilizer. The lack of insurance causes inefficiency in production choices
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  • 92
    Language: English
    Pages: Online-Ressource (1 online resource (46 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Christiaensen, Luc Gauging The Welfare Effects of Shocks In Rural Tanzania
    Keywords: Agriculture ; Crime ; Crops and Crop Management Systems ; Economic Theory and Research ; Families ; Health Care ; Health Monitoring and Evaluation ; Health Services ; Health, Nutrition and Population ; Holistic Approach ; Hospitalization ; Macroeconomics and Economic Growth ; Mortality ; Poverty Reduction ; Quality Of Life ; Risk Factors ; Rural Development ; Rural Poverty Reduction ; Unemployment ; Agriculture ; Crime ; Crops and Crop Management Systems ; Economic Theory and Research ; Families ; Health Care ; Health Monitoring and Evaluation ; Health Services ; Health, Nutrition and Population ; Holistic Approach ; Hospitalization ; Macroeconomics and Economic Growth ; Mortality ; Poverty Reduction ; Quality Of Life ; Risk Factors ; Rural Development ; Rural Poverty Reduction ; Unemployment ; Agriculture ; Crime ; Crops and Crop Management Systems ; Economic Theory and Research ; Families ; Health Care ; Health Monitoring and Evaluation ; Health Services ; Health, Nutrition and Population ; Holistic Approach ; Hospitalization ; Macroeconomics and Economic Growth ; Mortality ; Poverty Reduction ; Quality Of Life ; Risk Factors ; Rural Development ; Rural Poverty Reduction ; Unemployment
    Abstract: Studies of risk and its consequences tend to focus on one risk factor, such as a drought or an economic crisis. Yet 2003 household surveys in rural Kilimanjaro and Ruvuma, two cash-crop-growing regions in Tanzania that experienced a precipitous coffee price decline around the turn of the millennium, identified health and drought shocks as well as commodity price declines as major risk factors, suggesting the need for a comprehensive approach to analyzing household vulnerability. In fact, most coffee growers, except the smaller ones in Kilimanjaro, weathered the coffee price declines rather well, at least to the point of not being worse off than non-coffee growers. Conversely, improving health conditions and reducing the effect of droughts emerge as critical to reduce vulnerability. One-third of the rural households in Kilimanjaro experienced a drought or health shocks, resulting in an estimated 8 percent welfare loss on average, after using savings and aid. Rainfall is more reliable in Ruvuma, and drought there did not affect welfare. Surprisingly, neither did health shocks, plausibly because of lower medical expenditures given limited health care provisions
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  • 93
    Language: English
    Pages: Online-Ressource (1 online resource (49 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Christiaensen, Luc The Role of Agriculture In Poverty Reduction An Empirical Perspective
    Keywords: Agricultural Development ; Agricultural Growth ; Agricultural Productivity ; Agricultural Productivity Growth ; Agricultural Sector ; Agricultural Technology ; Economic Growth ; Economic Theory and Research ; Health, Nutrition and Population ; Household Surveys ; Macroeconomics and Economic Growth ; Population Policies ; Poverty Reduction ; Pro-Poor Growth ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Poverty Reduction ; Agricultural Development ; Agricultural Growth ; Agricultural Productivity ; Agricultural Productivity Growth ; Agricultural Sector ; Agricultural Technology ; Economic Growth ; Economic Theory and Research ; Health, Nutrition and Population ; Household Surveys ; Macroeconomics and Economic Growth ; Population Policies ; Poverty Reduction ; Pro-Poor Growth ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Poverty Reduction ; Agricultural Development ; Agricultural Growth ; Agricultural Productivity ; Agricultural Productivity Growth ; Agricultural Sector ; Agricultural Technology ; Economic Growth ; Economic Theory and Research ; Health, Nutrition and Population ; Household Surveys ; Macroeconomics and Economic Growth ; Population Policies ; Poverty Reduction ; Pro-Poor Growth ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Poverty Reduction
    Abstract: The relative contribution of a sector to poverty reduction is shown to depend on its direct and indirect growth effects as well as its participation effect. The paper assesses how these effects compare between agriculture and non-agriculture by reviewing the literature and by analyzing cross-country national accounts and poverty data from household surveys. Special attention is given to Sub-Saharan Africa. While the direct growth effect of agriculture on poverty reduction is likely to be smaller than that of non-agriculture (though not because of inherently inferior productivity growth), the indirect growth effect of agriculture (through its linkages with nonagriculture) appears substantial and at least as large as the reverse feedback effect. The poor participate much more in growth in the agricultural sector, especially in low-income countries, resulting in much larger poverty reduction impact. Together, these findings support the overall premise that enhancing agricultural productivity is the critical entry-point in designing effective poverty reduction strategies, including in Sub-Saharan Africa. Yet, to maximize the poverty reducing effects, the right agricultural technology and investments must be pursued, underscoring the need for much more country specific analysis of the structure and institutional organization of the rural economy in designing poverty reduction strategies
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  • 94
    Language: English
    Pages: Online-Ressource (1 online resource (43 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Stifel, David Tracking Poverty Over Time In The Absence of Comparable Consumption Data
    Keywords: Agricultural Production ; Developing Countries ; Health Services ; Health, Nutrition and Population ; Household Assets ; Household Level ; Malaria ; Millennium Development Goals ; National Level ; Policy ; Policy Research ; Population Policies ; Poverty Reduction ; Rural Development ; Rural Poverty Reduction ; Agricultural Production ; Developing Countries ; Health Services ; Health, Nutrition and Population ; Household Assets ; Household Level ; Malaria ; Millennium Development Goals ; National Level ; Policy ; Policy Research ; Population Policies ; Poverty Reduction ; Rural Development ; Rural Poverty Reduction ; Agricultural Production ; Developing Countries ; Health Services ; Health, Nutrition and Population ; Household Assets ; Household Level ; Malaria ; Millennium Development Goals ; National Level ; Policy ; Policy Research ; Population Policies ; Poverty Reduction ; Rural Development ; Rural Poverty Reduction
    Abstract: Following the endorsement of the Millennium Development Goals, there is an increasing demand for methods to track poverty regularly. This paper develops an economically intuitive and inexpensive methodology to do so in the absence of regular, comparable data on household consumption. The minimum data requirements for the methodology are the availability of a household budget survey and a series of surveys with a comparable set of asset data also contained in the budget survey. The methodology is illustrated using a series of Demographic Health Surveys from Kenya
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  • 95
    Language: English
    Pages: Online-Ressource (1 online resource (16 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Arnold, Jens Matthias Services Inputs And Firm Productivity In Sub-Saharan Africa
    Keywords: Access To Services ; Communications ; Data ; E-Business ; Economic Activities ; Economic Theory and Research ; Electricity ; Electronic Delivery ; Enterprise Survey ; Enterprise Surveys ; Export Markets ; Finance and Financial Sector Development ; Financial Literacy ; Financial Services ; Macroeconomics and Economic Growth ; Microfinance ; Private Sector Development ; Access To Services ; Communications ; Data ; E-Business ; Economic Activities ; Economic Theory and Research ; Electricity ; Electronic Delivery ; Enterprise Survey ; Enterprise Surveys ; Export Markets ; Finance and Financial Sector Development ; Financial Literacy ; Financial Services ; Macroeconomics and Economic Growth ; Microfinance ; Private Sector Development ; Access To Services ; Communications ; Data ; E-Business ; Economic Activities ; Economic Theory and Research ; Electricity ; Electronic Delivery ; Enterprise Survey ; Enterprise Surveys ; Export Markets ; Finance and Financial Sector Development ; Financial Literacy ; Financial Services ; Macroeconomics and Economic Growth ; Microfinance ; Private Sector Development
    Abstract: The authors investigate the relationship between the productivity of African manufacturing firms and their access to services inputs. They use data from the World Bank Enterprise Survey for over 1,000 firms in 10 Sub-Saharan African countries to calculate the total factor productivity of firms. The Enterprise Surveys also contain unique measures of firms' access to communications, electricity, and financial services. The availability of these measures at the firm level, both as subjective and objective indicators, allows the authors to exploit the variation in services performance at the subnational regional level. Furthermore, by using the regional variation in services performance, they are also able to address concerns about the possible endogeneity of the services variables. The results show a significant and positive relationship between firm productivity and service performance in all three services sectors analyzed. The authors thus provide support for the argument that improvements in services industries contribute to enhancing the performance of downstream economic activities, and thus are an essential element of a strategy for promoting growth and reducing poverty
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  • 96
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (43 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Amin, Mohammad Do Institutions Matter More For Services ?
    Keywords: Accountability ; Bank ; Bribe ; Children and Youth ; Civil Law ; Corruption ; Corruption and Anticorruption Law ; E-Business ; Economic Theory and Research ; Finance and Financial Sector Development ; Gender ; Gender and Law ; Governance ; Government ; Judicial Independence ; Labor Policies ; Law and Development ; Laws ; Legal Framework ; Legal Frameworks ; Legal Products ; Macroeconomics and Economic Growth ; Medium ; Police ; Private Sector Development ; Public Sector Corruption and Anticorruption Measures ; Social Protections and Labor ; Accountability ; Bank ; Bribe ; Children and Youth ; Civil Law ; Corruption ; Corruption and Anticorruption Law ; E-Business ; Economic Theory and Research ; Finance and Financial Sector Development ; Gender ; Gender and Law ; Governance ; Government ; Judicial Independence ; Labor Policies ; Law and Development ; Laws ; Legal Framework ; Legal Frameworks ; Legal Products ; Macroeconomics and Economic Growth ; Medium ; Police ; Private Sector Development ; Public Sector Corruption and Anticorruption Measures ; Social Protections and Labor ; Accountability ; Bank ; Bribe ; Children and Youth ; Civil Law ; Corruption ; Corruption and Anticorruption Law ; E-Business ; Economic Theory and Research ; Finance and Financial Sector Development ; Gender ; Gender and Law ; Governance ; Government ; Judicial Independence ; Labor Policies ; Law and Development ; Laws ; Legal Framework ; Legal Frameworks ; Legal Products ; Macroeconomics and Economic Growth ; Medium ; Police ; Private Sector Development ; Public Sector Corruption and Anticorruption Measures ; Social Protections and Labor
    Abstract: Recent empirical research has focused on the role of institutions in overall economic performance. This paper examines the impact of institutions on the relative performance of the service sector. Through cross-country level and growth regressions it establishes the following stylized fact: countries with better institutions have relatively larger and more dynamic service sectors. It suggests that regulatory and contract enforcing institutions play a key role in the development of service sectors because these sectors enter into a more complex web of transactions with the rest of the economy and are more prone to market failure due to asymmetric information
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  • 97
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (52 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Amin, Mohammad Does Temporary Migration Have To Be Permanent?
    Keywords: Anthropology ; Brain Drain ; Brain-Drain ; Communities & Human Settlements ; Culture & Development ; Health, Nutrition and Population ; Home Countries ; Host Countries ; Host Country ; Human Migrations and Resettlements ; Immigrants ; International Agreements ; Migrants ; Migration Policies ; Multilateral Agreements ; Policy ; Population Policies ; Social Development ; Voluntary and Involuntary Resettlement ; Anthropology ; Brain Drain ; Brain-Drain ; Communities & Human Settlements ; Culture & Development ; Health, Nutrition and Population ; Home Countries ; Host Countries ; Host Country ; Human Migrations and Resettlements ; Immigrants ; International Agreements ; Migrants ; Migration Policies ; Multilateral Agreements ; Policy ; Population Policies ; Social Development ; Voluntary and Involuntary Resettlement ; Anthropology ; Brain Drain ; Brain-Drain ; Communities & Human Settlements ; Culture & Development ; Health, Nutrition and Population ; Home Countries ; Host Countries ; Host Country ; Human Migrations and Resettlements ; Immigrants ; International Agreements ; Migrants ; Migration Policies ; Multilateral Agreements ; Policy ; Population Policies ; Social Development ; Voluntary and Involuntary Resettlement
    Abstract: The choice between temporary and permanent migration is today central to the design of migration policies. The authors draw a distinction between the two types of migration on the basis of the associated social cost and the dynamics of learning by migrants. They find that unilateral migration policies are globally inefficient because they lead to too much permanent migration and too little temporary and overall migration. Existing international agreements on labor mobility, such as the World Trade Organization's General Agreement on Trade in Services, have failed to do better because they seek primarily to induce host countries to make commitments to allow entry. Instead, Pareto gains and more liberal migration could be achieved through multilateral agreements that enable host countries to commit to repatriation
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  • 98
    Language: English
    Pages: Online-Ressource (1 online resource (31 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Mattoo, Aaditya Brain Waste?
    Keywords: Access and Equity in Basic Education ; Brain Drain ; Country of Origin ; Education ; Finance and Financial Sector Development ; Financial Literacy ; Health, Nutrition and Population ; Home Countries ; Host Country ; Human Capital ; Immigrant ; Immigrants ; Immigration ; Immigration Law ; Immigration Policies ; International Migration ; Labor ; Labor Market ; Labor Markets ; Population Policies ; Social Development ; Social Protections and Labor ; Tertiary Education ; Access and Equity in Basic Education ; Brain Drain ; Country of Origin ; Education ; Finance and Financial Sector Development ; Financial Literacy ; Health, Nutrition and Population ; Home Countries ; Host Country ; Human Capital ; Immigrant ; Immigrants ; Immigration ; Immigration Law ; Immigration Policies ; International Migration ; Labor ; Labor Market ; Labor Markets ; Population Policies ; Social Development ; Social Protections and Labor ; Tertiary Education ; Access and Equity in Basic Education ; Brain Drain ; Country of Origin ; Education ; Finance and Financial Sector Development ; Financial Literacy ; Health, Nutrition and Population ; Home Countries ; Host Country ; Human Capital ; Immigrant ; Immigrants ; Immigration ; Immigration Law ; Immigration Policies ; International Migration ; Labor ; Labor Market ; Labor Markets ; Population Policies ; Social Development ; Social Protections and Labor ; Tertiary Education
    Abstract: The authors investigate the occupational placement of immigrants in the U.S. labor market using census data. They find striking differences among highly educated immigrants from different countries, even after they control for individuals' age, experience, and level of education. With some exceptions, educated immigrants from Latin American and Eastern European countries are more likely to end up in unskilled jobs than immigrants from Asia and industrial countries. A large part of the variation can be explained by attributes of the country of origin that influence the quality of human capital, such as expenditure on tertiary education and the use of English as a medium of instruction. Performance is adversely affected by military conflict at home which may weaken institutions that create human capital and lower the threshold quality of immigrants. The selection effects of U.S. immigration policy also play an important role in explaining cross-country variation. The observed under-placement of educated migrants might be alleviated if home and host countries cooperate by sharing information on labor market conditions and work toward the recognition of qualifications
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  • 99
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: Services are the fastest growing sector of the global economy, and trade and foreign direct investment in services have grown faster than in goods over the past decade. Technological progress has greatly enhanced the scope for trade in conventional services, such as education and finance, and also created a host of new tradable services,such as software development and internet access. Moreover, liberalization in many countries is leading for the first time to the private and foreign provision of services such as telecommunications, transport, and finance. The performance of the services sectors can make the difference between rapid and sluggish growth.But the benefits from liberalization are not automatic. Multilateral engagement can be an important catalyst for liberalization. Even though governments can initiate reforms of services individually, multilateral engagement can help in two ways. First, international negotiations, for example under the General Agreement on Trade in Services (GATS), could help accelerate domestic reform and improve access to foreign markets for developing countries. However, for these negotiations to be fruitful, all countries must recognize mutual interests in reciprocal liberalization. Developing countries must see advantages of multilateral agreement to increase competition, to enhance credibility of potential domestic reform and to strengthen domestic regulation.In parallel, global cooperation is needed to provide support for developing countries at four levels: in devising sound policy, strengthening the domestic regulatory environment,enhancing their participation in the development of international standards and in ensuring access to essential services in the poorest areas
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  • 100
    Language: English
    Pages: Online-Ressource (1 online resource (35 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Chellaraj, Gnanaraj The Contribution of Skilled Immigration And International Graduate Students To U.S. Innovation
    Keywords: Education ; Foreign Skilled Workers ; Foreign Students ; Graduate ; Graduate Students ; Grants ; International Students ; Labor Force ; Literature ; Papers ; Research ; Scholars ; School ; Tertiary Education ; Education ; Foreign Skilled Workers ; Foreign Students ; Graduate ; Graduate Students ; Grants ; International Students ; Labor Force ; Literature ; Papers ; Research ; Scholars ; School ; Tertiary Education ; Education ; Foreign Skilled Workers ; Foreign Students ; Graduate ; Graduate Students ; Grants ; International Students ; Labor Force ; Literature ; Papers ; Research ; Scholars ; School ; Tertiary Education
    Abstract: The impact of international students and skilled immigration in the United States on innovative activity is estimated using a model of idea generation. In the main specification a system of three equations is estimated, where dependent variables are total patent applications, patents awarded to U.S. universities, and patents awarded to other U.S. entities, each scaled by the domestic labor force. Results indicate that both international graduate students and skilled immigrants have a significant and positive impact on future patent applications, as well as on future patents awarded to university and nonuniversity institutions. The central estimates suggest that a 10 percent increase in the number of foreign graduate students would raise patent applications by 4.7 percent, university patent grants by 5.3 percent, and nonuniversity patent grants by 6.7 percent. Thus, reductions in foreign graduate students from visa restrictions could significantly reduce U.S. innovative activity. Increases in skilled immigration also have a positive, but smaller, impact on patenting
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