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  • 2015-2019  (363)
  • 1970-1974
  • World Bank  (363)
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  • 1
    Language: English
    Pages: ill , 30 cm
    DDC: 304.6/32/0962
    Keywords: Fertility ; Egypt ; Egypt ; Population ; Birth control ; Egypt
    Note: World Fertility Survey, International Statistical Institute , This project was conducted as part of the World Fertility Survey and with the collaboration of the World Bank"--T.p. verso , Includes bibliographical references
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  • 2
    Online Resource
    Online Resource
    Washington, D.C : World Bank
    ISBN: 9781464812798
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Narayan, Ambar, author Fair progress?
    DDC: 331.12/72
    Keywords: Income ; Occupational mobility ; Social mobility
    Note: Includes bibliographical references and index
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  • 3
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: This report reviews South Africa's recent economic and social developments. It underlines that South Africa's current economic rebound may not be sustained if the fundamental factors undermining its growth potential are not boldly addressed. This includes in particular income inequality, which fuels resource contestation, policy uncertainty and scare private investors of seeing their investments overly taxed and expropriated. Nevertheless, inequalities are increasingly driven by labor markets developments, as opposed to race or location of origin. Policy actions could accelerate a projected decline in inequalities resulting from greater access to education. Using a dynamic computable general equilibrium, the report simulates a number of policy scenarios until 2030. Simulation results suggests that continuing to address corruption, restoring policy certainty in mining, improving the competitiveness of strategic state-owned enterprises, further exposing South Africa's large conglomerates to foreign competition, and facilitating skilled immigration would raise labor demand and create the fiscal space needed to eventually build labor supply from the poor population through education and spatial integration reforms. By 2030, extreme poverty could be almost eradicated and inequalities significantly reduced. And as inequalities decline, the social contract would strengthen and likely encourage further private investment - a possibility not captured in the simulations
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  • 4
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: Industrial production and services growth remained resilient. Inflation has accelerated, primarily due to supply shocks. Monetary policy has been accommodative. Financial sector vulnerability is rising. With a tightening of prudential controls, lending rates are back to double digits. Despite significant recovery in both exports and remittances, the current account deficit widened sharply, driven by a surge in imports. The overall balance of payments swung into deficit for the first time since FY11. Consequently, the exchange rate has depreciated. Interventions to smoothen exchange rate adjustments have eroded foreign exchange reserves. The fiscal deficit has been contained as weak revenue growth was counterbalanced by even weaker growth in expenditures. GDP growth is projected in the 6.5-7 percent range in the medium-term, while macro stability will require heightened vigilance. Poverty reduction has continued but slowed. The amount of poverty reduction achieved by each percent of growth fell by a third. Extreme poverty is projected to fall modestly to 11-12 percent in the medium-term. Downside risks center on the solvency of banks and the run-up to elections elevating instability and policy uncertainty. Going forward, investment and innovation enabling reforms will be key to accelerating development progress
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  • 5
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Health Study
    Abstract: At present rates, the global 2030 Universal Health Coverage (UHC) targets under the United Nations Sustainable Development Goals will not be met. Urgent action is needed to speed progress in the two dimensions of UHC, health service coverage and financial protection, and to ensure that no one is left behind. What can be done? First, countries can learn from past experience. This report identifies a set of factors common among countries that made outstanding progress on selected service coverage and financial protection indicators between 2000 and 2015. By adapting proven approaches to their own settings, and by addressing stubborn implementation bottlenecks, countries can accelerate progress towards UHC. Second, even as they benefit from models of success, countries must prepare to manage deeper health system transformation now on the horizon. Spurred by economic, technological, demographic, and epidemiologic forces, these transformations will reshape the landscape in which countries pursue their 2030 UHC goals, creating new risks but also opportunities
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  • 6
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: The Economic Update (SEU) evaluates the recent (2016-17) growth performance and macroeconomic policies in Senegal, thus providing a basis for the policy dialog with the Government and other stakeholders. The first section of the Economic Update evaluates the drivers of growth and the macroeconomic framework. Three-year perspectives are also included, underlining risks and challenges. The second section evaluates the agricultural sector in more detail focusing on the recent evolution of the agriculture sector and on the impact of public sector involvement
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  • 7
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Water Papers
    Abstract: The report is an advocacy piece to raise awareness around the need to shift the typical way urban water has been managed and to share emerging principles and solutions that may improve urban water supply security in water scarce cities. It aims to promote successes, outline challenges and principles, and extract key lessons learned for future efforts. It builds on the experiences of over 20 water scarce cities and territories from five continents, which represent a diversity of situations and development levels. This report argues that WSS service providers, policy makers, and practitioners should look at their mandate and responsibilities in a new light, and seek to embrace integrated water resources management considerations. Drawing from successful experiences from around the world, it extracts several underlying management principles applied by effective utilities. The report then aims to demystify solutions to address urban water scarcity, comparing and contrasting related institutional, technological, economic and social aspects. It then concludes with cross-cutting considerations relevant to planners, water operators and policy makers of water scarce cities
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  • 8
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Poverty Assessment
    Abstract: Vietnam has achieved remarkable success in reducing poverty while controlling inequality. The country's broad-based growth reflects the government's focus on developing labor-intensive export sectors while investing heavily in human capital that saw the country exceed its peers. However, gains have been concentrated among the Kinh and Hoa ethnic majority, while minority groups have not only continued to experience poverty rates far above the national average, but have seen slower progress too. This report analyzes recent trends in poverty and shared prosperity. It presents the findings of the 2016 Vietnam household and living standards survey (VHLSS), highlighting important progress and identifying new challenges. The report is organized into two main sections. The first section reviews Vietnam's progress in reducing poverty and promoting share prosperity. It describes updated poverty and shared prosperity trends, the nature of economic mobility, and the drivers of poverty reduction. The second section - titled leaving no one behind is more forward-looking, starting by identifying major constraints faced by the poor, then proceeding to lay out challenges for moving the poverty and shared prosperity agenda going forward
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  • 9
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: In 2017, the Philippines was among the top three growth performers in the East Asia region. Only Vietnam and China performed better. The Philippines growth performance slightly weakened in 2017 to 6.7 percent year-on-year from 6.9 percent in 2016. Growth was anchored in strong exports, while investment growth significantly slowed and consumption growth moderated. The Philippines' annual exports rose sharply in 2017 and became the main engine of economic growth, while imports continued to grow by double-digits. Investment growth slowed in 2017, following two consecutive years of rapid expansion, and climbing inflation slowed real wage growth and contributed to a moderation in private consumption growth
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  • 10
    Online Resource
    Online Resource
    Washington, D.C : World Bank
    ISBN: 9781464812828
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research report
    Parallel Title: Erscheint auch als Moving for prosperity: global migration and labor markets
    DDC: 331.6/2
    Keywords: Emigration and immigration Economic aspects ; Emigration and immigration Government policy ; Foreign workers ; Labor market ; Labor mobility
    Note: Includes bibliographical references and index
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  • 11
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Public Sector Study
    Abstract: In order to understand a country as large and diverse as Russia, it is extremely important to consider spatial patterns of economic development. As Russia looks for new drivers of economic growth, it is important to understand the structural conditions that have defined economic development in Russia's regions. This report uses the Economic Potential Index (EPI) methodology to identify the conditions that drive regional development. Economic potential is the level of productivity that is possible for a region to achieve given its structural endowments, which are characteristics that are hard to alter in the short run. The methodology used in this report combines quantitative analysis of drivers of productivity across regions with in-depth case studies that focus on the role of regional governments and institutions in converting endowments into economic outcomes. This methodology generates insights that are relevant for both national and regional governments. The first chapter of this report provides an overview of regional development in Russia over the last 25 years and identifies "Russia-specific" national structural conditions that may affect regional development. The second chapter discusses the results of an assessment of economic potential at the regional level and the factors that shape it in Russia. The third chapter focuses on the role of national and regional governance, policy, and institutions in promoting economic development of the regions. The final chapter proposes policy priorities for both regional and national authorities
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  • 12
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Education Study
    Abstract: The skills for tomorrow's Jobs in Bangladesh attempts to address key skills challenges and identifyopportunities in the backdrop of fast technological and economic changes. It proposes mid to long-term strategic policy options that would contribute to economic growth and job creation in Bangladesh with a focus on post-secondary education and skills development sectors. It aims to inform the Government and the World Bank's jobs agenda. The study draws upon relevant literatures from international and national sources, the government's surveys and education statistics, and analytical works undertaken by the World Bank and other agencies. Moreover, the study was extensively informed and guided by knowledge and insights gathered through the experience from the World Bank funded operations and series of consultations on skills for future jobs with relevant stakeholders in Bangladesh
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  • 13
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Knowledge Economy Study
    Abstract: Coding bootcamps are intensive short-term programs designed to train participants in programming skills to make them immediately employable. They combine characteristics of traditional vocational training programs with the intensity of military bootcamps for new recruits, intermingling socio emotional and tech skills learning in an intense and experiential manner, in what could be referred to as skills accelerators. The authors refer to coding bootcamps in this report as the ready-to-work model. The initiative aims to collect and share examples and lessons of bootcamps in emerging markets, and measure the impact of bootcamp training on youth employment in selected countries. The program seeks to establish a framework of best practice for future projects in technology upskilling in the developing world. This report highlights the results of a randomized controlled trial (RCT) carried out in Medellin (Colombia), complemented with qualitative studies in Beirut (Lebanon) and Nairobi (Kenya). This report is arranged as follows: Chapter 1 starts with introduction; Chapter 2 describes the intervention in Medellin,including the experimental allocation of training slots to the bootcamp; Chapters 3 and 4 present the qualitative studies in Beirut and Nairobi; The main findings from the three interventions are presented in Chapter 5; and lessons for future impact evaluations are described in Chapter 6
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  • 14
    Online Resource
    Online Resource
    Washington, D.C : World Bank
    ISBN: 9781464811449
    Language: English
    Pages: 1 Online-Ressource (pages cm)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als
    DDC: 333.91/150956
    Keywords: Water resources development ; Water resources development ; Water-supply ; Water-supply
    Abstract: Executive summary -- Water security -- Profiling water security in the Middle East and North Africa -- The water security dividend -- Appendix -- Table A.1. Definition of indicators and data sources -- Table A.2. Data sources for the country profiles.
    Note: Includes bibliographical references and index
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  • 15
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy Notes
    Abstract: Poverty reduction and youth employment remain deeply intertwined in Mauritania. Mauritania's job-related challenge is characterized by a low-growth macroeconomic context, high reliance on minerals and extractives, and marked poverty and social exclusion. With youth (15-24 year olds) comprising over 40 percent of the population as of 2014, they are particularly vulnerable to high social exclusion. The main objective of this policy note is to provide an overview of the jobs challenge in Mauritania, with a focus on constraints and opportunities facing youth over the short to long term. To this end, it assesses overarching youth employment trends and gaps and offers recommendations for facilitating their entry into good, productive jobs. The note analyzes policy options, risks, and opportunities for strengthening youth employment prospects over the short to long term, with a focus on active labor market programs within an integrated approach to diversification, job creation, and poverty reduction. Moving forward, stronger public-private coalitions lie at the heart of youth employment and social inclusion in Mauritania
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  • 16
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Health Study
    Series Statement: World Bank E-Library Archive
    Abstract: The Service Delivery Indicators (SDI) program aims to document what results are obtained through public spending in the health and education sector. The focus is on the individual dimensions, whether effort (presence and workload) or knowledge (diagnostic accuracy, adherence to clinical guidelines, and case management). These dimensions are not routinely measured and reported publicly in a comparable fashion, yet are among the factors that influence policy outcomes in health. The remainder of this document is organized into three major sections: methodology and implementation; results; and implications for Niger. Annexes present details of the sampling strategy, definitions of the indicators, and additional results. A final section presents the references consulted or cited
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  • 17
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Series Statement: World Bank E-Library Archive
    Abstract: Zimbabwe is at a critical juncture. After dollarization and favorable economic factors fueled arecovery during 2009-12, Zimbabwe today faces slowing growth, a financial crisis, increasingly erratic weather patterns and rising poverty and inequality. To help respond to these issues, the Government of Zimbabwe (GoZ) has sought to examine and ultimately better manage its public expenditures, with a view to ensuring public spending is effective, efficient, equitable, and well-targeted to the needs of its changing population, especially the poor
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  • 18
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Series Statement: World Bank E-Library Archive
    Abstract: The objective of the policy note is to develop options and policy recommendations for the Government of Vietnam on strengthening food safety capacity. The note lays out the available information, analyzes the institutional and policy framework for food safety, discusses possible recommendations and provides an outline for actions for the next steps. It is expected that after being reviewed by development partners, peer reviewers and experts, the policy note would be endorsed by the World Bank Group management as the basis for submitting to the Government of Vietnam. An important framework within which this analysis has been conducted is the toolkit that the WBG's Trade and Competitiveness Practice has published on Food Safety Reform in 2014. Through its eight Fundamental Pillars, the toolkit serves as a comprehensive checklist of where to get started and how to prioritize when undertaking Food safety reform process
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  • 19
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Financial Sector Assessment Program
    Series Statement: World Bank E-Library Archive
    Abstract: This Technical Note (TN) examines the current state of NPLs in Bulgaria and makes recommendations for a strategy to substantially reduce NPLs. These strategy recommendations were developed based on an assessment of the relevant regulatory and supervisory framework and bank practices, including relevant standards and practices for accounting treatments, early warning systems, NPL market development, and collateral valuation. The TN sets forth macroprudential approaches and other components of a sound strategy for NPL reduction, including improvements to loan loss provisioning, income recognition on NPLs, loan write-downs, early warning systems, collateral valuation, risk information for investors, and the NPL market. The NPL management process involves many stakeholders, and their mutual cooperation is important for success. The Bulgarian National Bank (BNB), in its capacity as bank supervisor and regulator and as macroprudential authority for banks, will be in the lead position on the implementation of key aspects of the NPL reduction strategy that can achieve progress in the near term. Broader policies to enhance NPL resolution entail other stakeholders, including the Ministry of Justice (MoJ) that would need to engage in the areas of insolvency and collateral enforcement regimes
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  • 20
    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: Urbanization is simultaneously a major driver of development, wealth creation, and poverty reduction, as well as one of the most pressing challenges of the 21st century. The building regulatory capacity assessment provides an important contribution to help cities and project managers working with development agencies to implement this last priority by offering a new resource to assess building and land use regulatory systems, and facilitate the collection of critical information about the building regulatory framework in any given city or country. The building regulatory capacity assessment is comprised of the level 1 - initial screening, designed for government officials and project managers undertaking rapid preliminary assessments. It provides an opportunity to initiate conversations with clients and relevant parties on strategies for achieving relevant development objectives. Level 1 is complemented by a level 2 - detailed exploration, which provides a set of guidelines for team members and contractors who are tasked with gathering and analyzing data and information about the building regulatory capacity of the target country, region, or municipality. Overall, the assessment identifies critical gaps, it provides the necessary information to develop a baseline for formulating technical assistance to clients, as well as drawing findings that can be used to determine areas for improvement and investment. As part of the building regulation for resilience program supported by the global facility for disaster reduction and recovery, the authors hope that this assessment tool will offer an effective resource for interventions within a wide range of urban development initiatives in cities of low and middle-income countries
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  • 21
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Accounting and Auditing Assessment
    Series Statement: World Bank E-Library Archive
    Abstract: This report presents the questions no longer included in the revised diagnostic tool
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  • 22
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The main body of the report is organized in two chapters with three supporting annexes. Chapter one focuses on recent economic developments in the real, fiscal and banking sectors, while providing a near term outlook that highlights critical challenges facing the Palestinian economy. Chapter two provides input on a new vision for growth and job creation, with quantification of the potential gains. It contains critical messages for the GoI, the PA and the international donors on steps to create an environment conducive to the needed private sector investment. Annex one assesses the status of the World Bank recommendations to the AHLC meeting over the years, many of which relate to the constraints identified in chapter two. While there are developments, overall progress from the GoI and the PA has been minimal. Annex two provides an update on the disbursement of pledges made at the Cairo conference in October 2014 on reconstructing Gaza. Donor support by mid-July 2017, at 53 percent of Cairo conference pledges, had barely changed from the December 2016 position, and there are limited prospects of further contributions. Most of the gap can be attributed to the larger pledgers at the conference. Finally, annex three provides some methodological notes on the specifications of the CGE model and assumptions used to quantify the external and internal constraints
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  • 23
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Rural Study
    Abstract: This report examines the impact of rural connectivity on poverty, access to basic services, and income in Armenia, a country which has found itself in a low-growth, low-investment nexus, with stalled poverty reduction. This study attempts to shed light on the linkages between transport and poverty in Armenia. The rest of the report is structured as follows: Section 1 explains the evolution of selected social, economic, and demographic indicators for Armenia during the analysis period; Section 2 lays out the conceptual framework for operationalizing shared prosperity and poverty in rural transport operations; Section 3 proposes a systematic but non-exhaustive collection of literature on rural road impact studies in low- and middle-income countries; Section 4 examines regional gaps in accessibility to markets and services which were computed with the use of the first geographic information system (GIS) based mapping platform of its kind in Armenia, and introduces the potential association between accessibility and poverty in Armenia; Section 5 characterizes key social and economic indicators in the project's immediate area of influence to then summarize household-level outcomes obtained from a comprehensive qualitative analysis and community-level findings resulting from a nighttime lights analysis; and Section 6 summarizes the lessons learnt and the directions for future research. The report concludes with policy implications from this research and directions for future analytical and operational work on transport and poverty in Armenia
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  • 24
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: The World Bank is sharing the seventh edition of the Economic Update of Madagascar, which presents our analysis for the period up to the beginning of October 2017 and provides our medium-term economic outlook. Despite a challenging start due to two climatic shocks, we project growth at 4.1 percent in 2017, a continuation of the positive trend from last year. Key growth drivers in 2017 are expected to remain as services-related activities, construction works to partly support the reconstruction efforts from the natural disasters, and strong demand for Malagasy textiles from abroad. The severe drought in the first few months of the year affected agricultural activities and reduced hydroelectric power supply. Output for key staples such as rice fell, contributing to higher inflation and an increase in food imports. And in March 2017, Madagascar experienced its most severe cyclone in 13 years, where losses were estimated at USD 400 million, equivalent to approximately 4 percent of GDP
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  • 25
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Public Expenditure Review
    Abstract: This Public Expenditure Review (PER) was prepared at the request of Peru's Ministry of Economy and Finance (MEF).The PER offers analysis, options for reform, and measures in selected areas and sectors to achieve efficiency gains and fiscal savings (where possible), while improving (at least not harming) equity. In the context of less favorable external environment, public finance is one of the critical issues that has come to the fore. The gradual fiscal consolidation process initiated offers a unique opportunity to carry out important fiscal and sectoral reforms. Preserve the hard-won gains of sound fiscal policy. This report consists of two parts; Part I focuses on the cross-cutting issues and challenges. The macro-fiscal chapter examines revenue and expenditure trends, provides a fiscal sustainability analysis and an assessment of contingent liabilities. It discusses relevant crosscutting fiscal issues, expenditure rigidities, revenue challenges, and areas to improve the multiannual macroeconomic framework (MMF). The public procurement chapter evaluates procurement practices applied by all government bodies in the budget. It uses the strategic sourcing methodology and data from Peru's procurement platform which for the purposes of this analysis has been merged with the budget accounting system (SEAF). It identifies significant fiscal savings and efficiency gains, many of which are relatively easy to achieve. Part II identifies areas for efficiency gains and potential fiscal savings in five selected sectors. These sectors include water and sanitation, health, education, citizen security, and transport. They account for a significant share of the budget and represent a substantial share of public service delivery. These chapters provide several approaches and perspectives in looking at technical and allocative efficiency. The PER identifies at least 1.4 percent of GDP in fiscal savings that arise from efficiency reforms and measures across the areas examined
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  • 26
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Law and Justice Study
    Abstract: Discrimination against lesbian, gay, bisexual, transgender and intersex (LGBTI) people is widespread and LGBTI exclusion from economic markets, vital services and political spaces is entrenched. This is not just a personal problem, it is a development challenge; not only because discrimination is inherently unjust, but also because "there are substantial costs - social, political, and economic - to not addressing the exclusion of entire groups of people." Understanding the barriers LGBTI people face in accessing markets, services, and spaces is important for designing more inclusive policies and programs
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  • 27
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: South Asia Economic Focus
    Series Statement: World Bank E-Library Archive
    Abstract: For eight consecutive quarters South Asia was the fastest-growing region in the world but not anymore. Despite benign global conditions, regional growth has slowed down. This trend is the result of a deceleration in India, the region's powerhouse. Short-term disruptions related to the introduction of the landmark Goods and Services Tax can explain the steep decline observed in the last quarter, but the deceleration has been going on for more than one year. Over this period imports increased sharply while private investment declined. Behind these trends lies a combination of large public sector borrowing (especially by the states), relatively sticky interest rates despite decreasing inflation, and an increasingly stressed financial sector. While growth has slightly accelerated elsewhere in the region, concerns remain. Bangladesh has seen an increase in financial sector risks and in Pakistan macroeconomic discipline has weakened. At 6.7 percent, growth is projected to remain strong in South Asia in 2017, albeit slightly lower than forecast in June. The growth rate is expected to stabilize around 7 percent over the medium term. Consumption should remain strong and private investment should regain momentum thanks to ongoing support from infrastructure development and economic reforms. Measuring GDP is especially challenging in developing countries, where the informal sector is large and institutional constraints can be severe. As a result, GDP growth estimates are often met with skepticism. But new technologies offer an opportunity to improve matters. Luminosity observed from satellites has been shown to be a good proxy for economic activity, and methodologies have been developed in recent years to predict GDP over time and across space based on nightlight intensity. In South Asia's case, GDP predicted using these methodologies closely tracks National Accounts GDP at the aggregate level, and provides a granular picture of GDP at subnational levels. Nightlight intensity also yields new insights on recent economic developments
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  • 28
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Water and Sanitation Program
    Series Statement: World Bank E-Library Archive
    Abstract: Cities in the developing world are witnessing unprecedented growth rates. It is expected that 70 percent of the global population will live in cities by 2050. In urban areas, as in rural areas, women and girls are often the primary users, providers, and managers of water in their household, and are the guardians of household hygiene and health. In spaces of urban poverty, such as slums, women and girls experience multiple deprivations that arise from insecurity of land tenure, informal access mechanisms, over- crowding, and the various stresses of urban life. The water supply and sanitation sector, is the juncture at which broader goals of poverty alleviation, social development, gender equality, and sustainable urban development converge. How issues of gender and urban poverty can be addressed comprehensively in the design and implementation of urban water supply and sanitation (UWSS) programs is not yet well understood. In order to address these gaps in knowledge, the World Bank commissioned a study to analyze UWSS issues among the urban poor through a gender and social exclusion lens. Using India, with its burgeoning population and growing number of urban poor, as the context, this study assesses how women, girls, and socially excluded groups are impacted by poor access to water supply and sanitation and how they can be engaged in the design and management of water supply and sanitation programs. It is expected that the findings from this study will inform Government of India's policies in this sector and assist in the design of future World Bank-supported UWSS projects
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  • 29
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Series Statement: World Bank E-Library Archive
    Abstract: The objective of the Comoros public expenditure and fiscal management review is to assist the Government of Comoros in strengthening the basis for the management of its public expenditure program. The review takes stock of expenditure trends and the systems governing public spending, with an emphasis on strengthening fiscal sustainability, budget credibility and strengthening fiscal management in the electricity and service delivery sectors
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  • 30
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Series Statement: World Bank E-Library Archive
    Abstract: This report develops innovative bond structures that respond to challenges currently limiting the financing of forest-based NDC activities, with the intention to catalyze significant increases in financing flows. The report sets out a detailed shortlist of three potential enhanced bond structures, which have the potential to catalyze funding across the gamut of forest-based nationally determined contribution (NDC) activities. The focus is on bond structures that blend donor-funded performance-based payments (PBP) alongside some upfront grant funding to improve the financial performance of the use of proceeds for issuers, and hence enable larger-scale financing from capital markets
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  • 31
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The Philippines Economic ...
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  • 32
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Series Statement: World Bank E-Library Archive
    Abstract: This reports on the cost of doing business in Egypt consistently identify delays in land acquisition as one of the impediments to setting up new businesses as well as attracting foreign direct investments. Despite the provisions of Law 10/1990 (hereafter referred to as Law 10), which lays out a legal framework for the expropriation of real estate for public-interest projects, these delays persist due to overlapping in national and sectoral policies and practices. This Policy note acknowledges the absence of a comprehensive land administration system in Egypt. It focuses instead on the challenges facing land acquisition for public interest projects and theshortcomings of Law 10. It summarizes key challenges based on the findings of key research productsfrom the technical assistance (TA) program offered by the World Bank to the Egyptian government concerning land acquisition and policy reform, including the diagnostic analysis report prepared in June 2016 and the report of the TA Committee Members' visit to India prepared in May 2016. The key challenges discussed in this policy note fall under two broad kinds: limitations in law, and policy coherence. To help develop a more coherent and transparent approach to land acquisition, this note also lays out recommendations and a road map. The Annex to this note highlights the broader issues of land administration, with a special focus on the weak institutionalization of deeds and title registration systems
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  • 33
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Financial Sector Assessment Program
    Series Statement: World Bank E-Library Archive
    Abstract: This financial sector assessment (FSA) summarizes the key findings and recommendations of the 2016 FSAP update report for Mexico. Mexico's economic growth has been steady and inflation remained low despite a significant depreciation of the exchange rate in the last 18 months.The medium term outlook for the Mexican economy foresees stable growth and inflation. After several years of contained growth, commercial bank credit grew by 14 percent in 2015, albeit from a very low base.Nonfinancial sector balance sheets show little sign of stress.Key risks to the macroeconomic outlook are mostly external in nature and stem from the close connection to US markets, the dependency on oil revenues, and potential resurgence of market volatility. A comprehensive financial reform was approved in November 2013 with the objective of increasing the financial sector's contribution to economic growth. The financial reform encompassed revisions to the banking law and other legislation to encourage credit expansion. This entailed a more active role of development banks in extending credit and measures to ensure that private financial institutions would channel credit to productive activities
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  • 34
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: City Development Strategy
    Series Statement: World Bank E-Library Archive
    Abstract: Technology is one of the main drivers of productivity and economic growth. Developing countries have traditionally had difficulties in both developing technology and absorbing foreign technology. However, the recent emergence of tech startups present an opportunity. Tech start-ups are an effective a mechanism to both create local technology and absorb foreign technology. The objective of this report is to provide a better understanding of the status of Beirut's start-up ecosystem and provide policy recommendations for policy makers and other stakeholders who are interested in supporting the growth and sustainability of the ecosystem. The report is based on an in-depth survey of startups and supportive stakeholders of the ecosystem. The findings point out to an early-to middle stage start-up ecosystem that has passed its nascent growth phase but is still far from maturity. Skills, supportive infrastructure, finance pipeline, and community and networks are examined and gaps are identified. Policy recommendations to tackle these gaps are presented based on international practices
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  • 35
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Series Statement: World Bank E-Library Archive
    Abstract: Somalia is emerging from 25 years of political instability and economic difficulty but hard data islacking for evidence-based planning. The civil war and ongoing conflict that started in 1991 fragmented the country, undermined political institutions, and created widespread vulnerability. The conflict has eroded the statistical infrastructure and capacity, leaving policy makers and donors to operate in a statistical vacuum due to the lack of reliable data. In the absence of representative household surveys not much was known about poverty. The lack of information poses a threat to the design and implementation of policies and programs needed to support economic resilience and development as well as assistance in the event of shocks
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  • 36
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: This 10th South Africa Economic Update offers a review of the country's recent economic and social developments and outlook in the context of global economic prospects. It focuses on the role of innovation in fostering economic growth, job creation and poverty reduction in an environment in which more South Africans are getting poorer. Main conclusions emerging from this analysis suggest that policies to spur innovation can go a long way in addressing unemployment, poverty and inequality in South Africa. It is our hope that South Africa will continue, and possibly expand, using the World Bank vast body of knowledge, global experience and its convening power as a platform for exchange and peer-to-peer learning in the identification of pragmatic solutions to reach the country's National Development Plan's goals
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  • 37
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: Global growth is picking up and the growth in the South Asia region continues to remain strong. A recovery in industrial activity has coincided with a pickup in global trade, after two years of marked weakness. Growth in South Asia remains strong, with regional output projected to grow by 6.8 percent in 2017 and an average of 7.2 percent in 2018-19. Economic activity in Nepal, which rebounded strongly in FY2017, reaching 7.5 percent (year-over-year [y/y]) following two challenging years, has again been impacted by severe flood affecting more than one-third of the country. High inflation in the last two years induced by disruptions moderated sharply by early 2017 and further slowed, reaching decade-low inflation by the end of FY2017, due to moderating inflation in India
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  • 38
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Knowledge Economy Study
    Series Statement: World Bank E-Library Archive
    Abstract: This report studies coding bootcamps. A new kind of rapid skills training program for the digital age. Coding bootcamps are typically short-term (three to six months), intensive and applied training courses provided by a third party that crowdsources the demand for low-skills tech talent. Coding bootcamps aim at low-entry level tech employability (for example, junior developer), providing a new tool for entry into the new world of digital jobs. This report studies the characteristics, methodologies, business models and impact of five coding bootcamps operating directly or through partners in developing countries. High employability and employment rates in low-entry tech positions (for example, junior developer, freelancer, and so on) reported by coding bootcamps suggest an untapped potential of this form of rapid tech skills training. From the case studies, there are two factors that seem to exert a major influence over employment outcomes: 1. selection criteria, and 2. extent of links with the local tech ecosystem. However, there is also criticism around bootcamp programs, which have been grounded in three key arguments: quality of programming skills, employability, and "short termism." Early evidence, which is based on a limited number of sources and mostly based on the data from bootcamp providers themselves, calls for additional, more representative, and holistic research
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  • 39
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Series Statement: World Bank E-Library Archive
    Abstract: Despite bold efforts to consolidate public finances, Ukraine's growth potential remains undermined by a large public sector, high public debt levels and inefficient provision of critical public services. The Ukraine government faces new public spending pressures which, if realized, would reverse recent fiscal consolidation gains. In this context, the objective of this Public Finance Review (PFR) is to inform the government of Ukraine about fiscal reform options to restore sustainability of public finances while improving critical public services and improving medium-term growth prospects. The PFR offers reform options for a gradual and sustainable fiscal deficit reduction and mitigation of risks to debt sustainability through broadening the tax base, improved tax administration, and more efficient public spending. Chapter 1 provides an overview of Ukraine's fiscal situation and key pressures to fiscal sustainability. Chapter 2 focuses on options to broaden the tax base and improve tax administration following the recent tax reform measures. Although Ukraine already collects a high share of Gross domestic product as taxes, it can improve tax compliance, broaden the tax base, and reduce the tax burden. Improving tax administration and broadening the tax base are critical to improve fiscal sustainability in the short term and to create a foundation for sustainable economic growth in the medium term. Chapter 3 focuses on options to improve the fiscal sustainability of the pensions system, which is the largest public finance expenditure item and a source of fiscal vulnerability on the expenditure side. Chapters 4, 5, 6 and 7 look at opportunities for delivering public services, specifically, education, health, social assistance and decentralization, that are more efficient, equitable and higher quality. Reforms in these areas are anchors of Ukraine's long-term fiscal sustainability and core elements of the strategy to reduce the fiscal deficit. Analyses of expenditures in this review are structured according to functions rather than economic categories
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  • 40
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Education Study
    Series Statement: World Bank E-Library Archive
    Abstract: This education report is a compliment to the 2017 World Bank led Armenia Systematic Country Diagnostic (SCD), which focuses on how to improve shared prosperity and reduce poverty in Armenia. This report collates information from recent education studies addressing issues with skills development and gender and spatial differences in educational level and quality. Concurrently, this study will try to link key macroeconomic and demographic issues to issues related to the education sector. Thus, this study will provide an overview of the external and internal issues related to improving education and be central with regards to the direction set out in the SCD linking these to poverty and shared prosperity. This study is organized into four main sections intended to provide a comprehensive analysis of Armenia's education landscape. It will begin with an overview of Armenia's current social and economic context and the factors that have contributed to it. Next, it will dive deeper into the relationship between education and the economy and unique spatial aspects associated with income and education inequalities. It will then assess the key challenges within the education system that are contributing to Armenia's current state of affairs. Finally, the study will present policy recommendations based on the information analyzed. In doing so, the aim will be to equip the Republic of Armenia with a strong set of evidence-based education policies and strategies that will promote broad-based prosperity and poverty reduction and move Armenia forward in the next stage of development
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  • 41
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Procurement Study
    Series Statement: World Bank E-Library Archive
    Abstract: The sector of small and medium-sized enterprises (hereinafter SMEs) represent an increasingly important segment of Montenegrin economy and have been key drivers of its economic growth and employment for the past several years. With foreign direct investment, this sector could be an important lever of economic development and the main creator of new jobs in the future. In order to survive and develop in the market, these enterprises have to constantly build new competitive benefits. The same can be built within the enterprises themselves through their strengthening and development, but also through mutual cooperation and linking. Because SMEs have an important role in the economic development of each country, it is necessary to encourage and facilitate their participation in public procurement procedures. Taking into account the fact that procurements merge at all levels (national and local), special attention should be paid to get SMEs more closely involved in the procurement procedures with contracting authorities, subject to the application of the LPP. Montenegro has recognized in its agenda through the strategy for the development of the public procurement system for the period 2016-2020 the necessity of active relationship between the state and local self-government on the development and encouragement of SMEs. Based on research carried out in direct communication with the representatives of these entities and their associations, with the aim to assess the readiness of SMEs to adapt to future activities in the field of public procurement, it is evident that they are planning new investments and expansion of business. They are ready to invest in human resources, technical, technological and other facilities necessary for successful business, in order to be competitive in the market. To that end, they expect more support from the state of Montenegro and the local community. In accordance with the orientation and expectations of SMEs this guide is intended to encourage the participation of SMEs at all levels in the area of public procurement
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  • 42
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Agricultural Study
    Series Statement: World Bank E-Library Archive
    Abstract: Afghanistan possesses a rich horticultural history, with a number of unique products, such as dried fruit, that are still renowned in various parts of the world. The period of conflict that has plagued Afghanistan for the past 40 years has, however, severely disrupted supply chains and markets for horticultural products and, in particular, hindered the ability of traders and producers to export products to high-value markets. The following sections provide an overview of the horticultural sector in Afghanistan and its various components. Section 1.1 describes the history and economic importance of horticulture in Afghanistan; section 1.2 describes the endowments and infrastructure that support the production and trade of horticultural crops in Afghanistan; section 1.3 presents an overview of the nature of horticultural inputs in Afghanistan and details methods for producing horticultural crops; section 1.4 describes the structure of post-harvest activities; section 1.5 reviews the processing and marketing of horticultural products in Afghanistan; section 1.6 presents and overview of the recent performance of the horticulture sector in Afghanistan; and section 1.7 describes recent and current policies and programs focusing on the horticulture sector in Afghanistan. The report is organized as follows: chapter one summarizes the recent literature on the horticulture sector; chapter two presents the results of the Survey undertaken for this report; and chapter three lists recommendations and next steps
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  • 43
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Series Statement: World Bank E-Library Archive
    Abstract: The Democratic Republic of Congo (DRC) is among the five poorest countries in the world, whether measured by poverty rate or number of poor. Political instability and rapid demographic growth "the second highest in Africa" have driven an increase in the total number of poor that puts extreme pressure on the country's derelict infrastructure. Access to improved water, sanitation, and hygiene (WASH) services is low, with particularly dramatic shortfalls among the poorest and rural dwellers, but a pervasive lack of truly safe services even among wealthier and urban households. Water contamination is common even among households with access to piped water in major urban areas, and nearly universal in the rural areas surveyed by this diagnostic. This contamination is making WASH a key contributing factor to a silent emergency that is placing DRC's poor and rapidly growing population at risk of permanent disconnect: widespread malnutrition. Malnutrition is especially common among DRC's children (43 percent in 2014) and has been shown to have irreversible negative effects on physical and cognitive development. This diagnostic analyses these trends and links them to institutional weaknesses in the WASH sector, in particular institutional fragmentation, weak capacity, and a bias toward specific institutions and services. Opportunities for improvement are analyzed and condensed into six clear messages that provide guidance on the way forward for the WASH sector in the DRC
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  • 44
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Series Statement: World Bank E-Library Archive
    Abstract: The strong economic growth enjoyed by the Dominican Republic following its 2003 domestic crisis was not matched by similarly substantial progress in poverty reduction. While labor productivity grew by an estimated 39 percent between 2000 and 2013, real wages fell with the crisis in 2003/04, and, in 2013, remained below their pre-crisis level. This report presents an assessment of factors related to the functioning of the labor markets that constrained more inclusive growth in the Dominican Republic. It explores several hypotheses related to labor supply factors, job creation, and global trends in returns to labor, as well as issues with statistical measurements that contribute to explain the weak relationship observed between growth and poverty reduction. The analysis finds that growth appears to have been driven by productivity increases rather than by increases in labor inputs. At the same time, low-skilled workers became increasingly concentrated in low-quality jobs and in sectors that saw low productivity growth, a trend enhanced by the loss of manufacturing jobs since 2000. Low rates of labor force participation, particularly among the poor, further limited the ability of households to benefit from growth
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  • 45
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Series Statement: World Bank E-Library Archive
    Abstract: This report presents new insights on the availability and demand for skills, drawing on two innovative surveys: a household level survey to measure the supply of skills in the adult population, and an employer survey to measure demand for skills. The key message coming from these two surveys is that there is indeed a significant skills gap in the former Yugoslav Republic of Macedonia, and that closing this gap will be beneficial to workers, firms, and the economy. Skills development systems in the former Yugoslav Republic of Macedonia are not equitable, and especially those of non-Macedonian ethnicity lack access to skills development and higher skilled jobs. Access to education still differs significantly across ethnic groups, and the gap does not appear to fall over time. Some more vulnerable groups in the former Yugoslav Republic of Macedonia consequently accumulate fewer skills - even elementary skills such as basic literacy - and have less access to skilled jobs. The skills development system of the former Yugoslav Republic of Macedonia will be strengthened by stronger coordination and collaboration between these different actors. Tax exemptions and other forms of financial incentives could be used to encourage firms to train their work force. However, policy could also focus on connecting employers and educational institutions better, by establishing coordination mechanisms and supporting industrial associations. As part of this agenda, it would be useful to explore ways of introducing apprentice- and internships systems, that expose students with the world of work and increases the practical content of training, while lowering the cost to firms. Efforts to establish labor market information systems in the former Yugoslav Republic of Macedonia, that could help students, workers, employers and educational systems exchange relevant and timely information, are ongoing. A more comprehensive system for monitoring and evaluation would help policy makers identify bottlenecks and quality problems
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  • 46
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Series Statement: World Bank E-Library Archive
    Abstract: Good jobs are in short supply in the former Yugoslav Republic of Macedonia. Sustainable, better employment opportunities must come from higher labor demand from a dynamic and internationally competitive private sector, the result of an advanced economic transition from a state controlled to a market led economy. This note focuses on job creation from the perspective of enterprise sector dynamics in the former Yugoslav Republic of Macedonia. The purpose is to understand, better, the dynamics of job creation, where and how firms and jobs are created, and the most important constraints to job creation from the firm perspective. Drawing on several sources of data, including firm registry, data on entrepreneurship, labor force surveys, and policy indicators, the note contributes to the job diagnostics necessary to devise relevant policy to increase job opportunities in the former Yugoslav Republic of Macedonia and is intended to provide guidance to researchers and policymakers in other countries wishing to understand better the role of the private sector in employment. Despite some significant business climate reforms, the former Yugoslav Republic of Macedonia has not seen private sector dynamics or 'entrepreneurship' improve sufficiently. In sum, the transition of workers and jobs from low productivity sectors to higher productivity sectors has stalled in the former Yugoslav Republic of Macedonia. Prior to the economic crisis, countries which had advanced more in the transition process saw higher productivity growth than the former Yugoslav Republic of Macedonia, more inflows of workers into the services sector, and substantive net job creation. In the former Yugoslav Republic of Macedonia, in contrast, labor reallocation is still incomplete. One fifth of the population remains in low productivity agriculture and one third is informally employed. Between 2007 and 2011 the formal private sector created only 12 percent of all new jobs
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  • 47
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: India has among the lowest female labor force participation rates (LFPRs) in the world. In particular, low female LFPR is a drag on Gross Domestic Product (GDP) growth and an obstacle towards reaching a higher growth path. Women are also an untapped source of managerial and entrepreneurial skills. By excluding women, the pool of such talent becomes shallower and growth suffers. If the overall lack of jobs, especially regular salaried jobs, plays a large role in India's female LFPR, only a combination of gender-targeted and broader policies towards formal job creation can sustainably raise female LFPR and accelerate India's GDP growth and broader social development. Policies that promote job creation in women-friendly sectors such as apparel, or that help fast-growing modern service sectors absorb more educated women workers would be particularly helpful
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  • 48
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Partnership Frameworks
    Series Statement: World Bank E-Library Archive
    Abstract: The country partnership framework (CPF) for Brazil covers the six-year period from FY18 to FY23.1 The CPF is aligned with the objectives of the country's development strategy as outlined in the Brazil growth strategy presented by the authorities and is rooted in the findings and recommendations of the World Bank Group (WBG) systematic country diagnostic (SCD) for Brazil, which contains an analysis of key constraints for inclusive and sustainable growth. The CPF supports the country in making further progress on the WBG twin goals of eliminating extreme poverty and boosting shared prosperity through a program that focuses on creating the conditions for faster job growth. The CPF reflects the priorities of the Brazilian authorities and the resources and capacity of the WBG to deliver against these priorities. The CPF is built around three focus areas: (i) fiscal consolidation and government effectiveness; (ii) private sector investment and productivity; and (iii) equitable and sustainable development. The CPF continues the strong focus on improved service delivery that was at the center of the previous strategy, including through the implementation of the large existing portfolio, but with a growing emphasis on new management models that promise to increase the efficiency and efficacy of the public sector in addition to safeguarding access for the poor
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  • 49
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Partnership Frameworks
    Series Statement: World Bank E-Library Archive
    Abstract: This World Bank Group (WBG) Guinea-Bissau country partnership framework (CPF) will be the first full country strategy since 1997. The development of the CPF has benefited from the findings of the 2016 systematic country diagnostic (SCD) and the 2015 fragility assessment, and addresses the main lessons learned from the completion and learning review (CLR) at annex 2. It also reflects feedback from consultations with the government, private sector, civil society, and development partners. This CPF supports the national development plan, Terra Ranka (fresh start), which was developed by the government elected in 2014. The CPF presents a selective and flexible WBG program. The focus areas of the CPF program will be on increased access to quality basic services and expanded economic opportunities and enhanced resilience to shocks
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  • 50
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Partnership Frameworks
    Series Statement: World Bank E-Library Archive
    Abstract: The Country Partnership Framework (CPF) for Ukraine covers the 5 years from FY17 to FY21. The CPF is aligned with the objectives of the country's development strategy as outlined in the Government Program and Action Plan adopted in April 2017 and is based on the findings and recommendations of the World Bank Group (WBG) Systematic Country Diagnostic (SCD) for Ukraine. The objective of the WBG CPF in Ukraine during FY17-FY21 is to promote sustained and inclusive economic recovery after nearly a decade of stagnation and two years of economic crisis. The focus areas of the CPF broadly parallel the pathways identified in the SCD, but are further prioritized. The engagement will be highly selective and based on the intersection of the Government's development agenda, the development challenges and approaches outlined in the SCD, and the comparative advantage and capacity of WBG to deliver. The resulting CPF focus areas are : (i) Better Governance, Anticorruption, and Citizen Engagement; (ii) Making Markets Work; (iii) Fiscal and Financial Sustainability; and (iv) Efficient, Effective, and Inclusive Service Delivery
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  • 51
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Partnership Frameworks
    Series Statement: World Bank E-Library Archive
    Abstract: The Country Partnership Framework (CPF) for Mauritius covers FY17-21. The previous Country Partnership Strategy (CPS) was originally intended to cover FY07-13 but was extended through FY15 at the time of the CPS Progress Report. The CPF is informed by the Systematic Country Diagnostic (SCD) that was circulated to the Board in July 2015. Elections in December 2014 led to the formation of a new Government and this CPF is aligned strategically with the Government Programme 2015-2019, Achieving Meaningful Change, that was presented to Parliament on January 27, 2015. The CPF seeks to maximize over a five-year period the comparative advantages of the World Bank Group (WBG), through packages of innovative public and private financing options based on cutting edge global knowledge and experience. The CPS provided strategic support around the Government of Mauritius' (GoM) four pillars of reform : (i) fiscal consolidation and improving public sector efficiency; (ii) improving trade competitiveness; (iii) improving the business climate; and (iv) democratizing the economy through participation, inclusion and sustainability. The report evaluates the achievements of CPS program outcomes as laid out in the results matrix; assesses the WBG's performance in designing and implementing the CPS program, and draws lessons for the preparation of the forthcoming Country Partnership Framework (CPF). The CPS pillars were relevant and well aligned in addressing Government priorities and country needs. Flexibility in the design of the strategy facilitated rapid response to changing needs and the Bank was able to respond promptly and effectively to unexpected events such as the triple trade shocks, global financial crisis and political transition
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  • 52
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Systematic Country Diagnostics
    Series Statement: World Bank E-Library Archive
    Abstract: The Seychelles Systematic Country Diagnostic (SCD) aims to identify the most pressing constraints to inclusive, sustained growth in Seychelles, based on a comprehensive search for, and analysis of, evidence. The SCD is presented using a slide deck which lays out the analysis and results. This document provides a brief overview of the approach taken, and sets the stage for the SCD. It also provides additional information: six selected supplementary topical notes, and annexes (data diagnostic, summary of consultations, and sources). The framework adopted by the SCD takes as its starting point that Seychelles is a successful, high-income, small island state. The country now seeks to secure the sustainability of its development progress to date, to accelerate this progress, and to address a high level of public concern being reflected in political discourse over disparities in incomes and opportunities. The SCD examines Seychelles' economic growth characteristics, the characteristics of poverty and income distribution (inclusion), and the risks to environmental, social and macroeconomic sustainability. The approach is systematic in that it attempts to be as comprehensive as possible, within the constraints of the available data, by harnessing the existing evidence and conducting new analysis where feasible, informed by consultations. Finally, the SCD sorts the 13 constraints identified into five top priorities, five additional priorities, and a further three areas which should be considered for priority action, subject to confirmation from additional analysis ('likely priorities'). This prioritization was based on an assessment of how important each constraint was, directly, to meeting the relevant challenge, indirectly, through its potential impact in helping to loosen other constraints (complementarity), the strength of the evidence base on the importance of the constraint, and, finally, the attainability of addressing the constraint (reflecting factors such as cost, technical difficulty and timeframe)
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  • 53
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Europe and Central Asia Economic Update
    Series Statement: World Bank E-Library Archive
    Abstract: Trade played a pivotal role during the transition of many. countries in Europe and Central Asia to market economies. It forced a more efficient use of resourced and supported adoption of new technologies. Going forward, trade will again be crucial as countries adjust to new specialization patterns in the world. The adjustment requires not merely tweaking of trade policies, but rather a rethinking of how labor markets and capital markets are organized
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  • 54
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: Zimbabwe's economy grew by 0.7 percent in 2016 despite the combined effect of the El Nino drought and domestic financial turmoil. The drought reduced agricultural output and increased food prices towards the end of the year, despite the government's efforts to boost production and stabilize prices. The public provision of agricultural inputs, the creation of food-for-work programs, and the establishment of price supports for staple foods accentuated the government's expansionary fiscal-policy stance. Meanwhile, the government also increased spending on a cash basis to clear domestic arrears. The authorities financed much of the widening fiscal deficit by issuing Treasury bills purchased by commercial banks and a US
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  • 55
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Accounting and Auditing Assessment
    Series Statement: World Bank E-Library Archive
    Abstract: Since launching fundamental political and economic reforms in 2011, Myanmar has been undergoing a major transformation aimed at increasing openness, empowerment and inclusion. The economic transition has witnessed an acceleration in growth, buoyed by improved macroeconomic management, increased gas production and exports, and stronger performance in the non-gas sectors as the economy opened up. Medium-term economic growth is projected to average 7.1 percent per year. The new Government's economic objectives envisage Myanmar's economy becoming more competitive and with the ability to attract increased foreign direct investment. The objectives include the development of an integrated capital market and a modern financial sector. A fundamental foundation for any market-based economy is high quality financial reporting and auditing practices. This plays a vital role in promoting improved transparency and accountability thereby ensuring a level playing field and promoting investor confidence. The Reports on the Observance of Standards and Codes (ROSC) are a joint World Bank and International Monetary Fund (IMF) initiative that helps member countries strengthen their financial systems by improving compliance with internationally recognized standards and codes. The ROSC was developed in the wake of the financial crisis of the late 1990s as part of a series of measures to strengthen the international financial architecture. The global financial community believed the implementation of internationally recognized standards and codes will provide a framework to strengthen domestic institutions, identify potential vulnerabilities, and improve transparency
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  • 56
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Systematic Country Diagnostics
    Series Statement: World Bank E-Library Archive
    Abstract: Three key characteristics help shed light on Chile's development performance. First, strong institutions and sound macroeconomic policies have contributed to long-term economic growth. Second, market-oriented policies have boosted growth through productivity-enhancing reforms and helped improve the design of public services and social policy. Third, as the world's biggest copper producer and exporter, Chile is characterized by commodity dependence. These characteristics have helped the government achieve an average annual growth rate of almost 5 percent over the last 30 years, while reducing the poverty rate to less than 8 percent. Chile's middle class is one of the largest in Latin America; yet, inequality remains substantial. Economic development has led to a steep increase in life expectancy and a decline in fertility rates. Indeed, though relatively less than other countries in the Organisation for Economic Co-operation and Development (OECD), Chile is advanced in the demographic transition, which pose important challenges to economic growth and labor productivity
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  • 57
    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: This report examines the economic and development consequences of antimicrobial resistance(AMR)-the capacity that disease-causing microorganisms acquire to resist the drugs we've createdto fight them. The report uses World Bank Group economic simulation tools to put a price tag onAMR's destructive impacts on the global economy from 2017 through 2050, if adequate measuresaren't taken to contain the AMR threat. The report highlights actions low- and middle-income countries and their development partners can take to counter AMR, and estimates the investment required. It shows that putting resources into AMR containment now is one of the highest-yield investments countries can make. Antimicrobials are drugs that destroy disease-causing microbes, also called pathogens, such as certain bacteria, viruses, parasites, and fungi. The most familiar and important antimicrobials are antibiotics, which treat bacterial infections. Other antimicrobials combat viral and parasitic diseases, such as AIDS and malaria. Since their use began some 70 years ago, antimicrobials have saved hundreds of millions of lives
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  • 58
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Series Statement: World Bank E-Library Archive
    Abstract: Kazakhstan is facing its greatest economic challenge since the global crisis. With oil prices at US
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  • 59
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Water Papers
    Series Statement: World Bank E-Library Archive
    Abstract: The global commitment to bring universal access to safely managed water supply and sanitation by 2030 set by the Sustainable Development Goals (SDGs) poses an unprecedented challenge. Strong political leadership will be required to bring about sector-wide changes in governance and building technical and administrative capacity at scale. This will pave the way for building, operating, and maintaining cost-effective infrastructure to supply improved and sustained services. The current model of sector finance is insufficient for reaching thee goals. Four interlinked priority actions should be taken to tackle this challenge: (1) make more efficient use of existing resources; (2) use public funds in a more targeted manner; (3) attract domestic commercial finance; and (4) focus on de-risking the sector. Through these steps, countries will be able to leverage each dollar of public funds to crowd in commercial finance, which will have significant and long-term benefits for the sector. Countries should aim to slowly and incrementally introduce commercial finance to the sector, and can ease the transition through a range of available tools
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  • 60
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: The World Bank supported West Bengal Accelerated Development of Minor Irrigation Project assumes a centre stage position in the current context of bringing water to every farm (Har Khet ko Pani) under the recently launched Pradhan Mantri Krishi Sinchayee Yojana (PMSKY). With an objective to "enhance agricultural production of small and marginal farmers of the project area in West Bengal through development of minor irrigation infrastructure and agriculture support system", the Project was launched in 2012, partnering the Department of Water Resources Investigation and Development, Government of West Bengal. To achieve its outcomes, the Project focuses on strengthening community-based organizations, especially water users' association with a strong focus on gender aspects, irrigation systems development and improvement, agriculture, horticulture and fisheries development
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  • 61
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Health Study
    Series Statement: World Bank E-Library Archive
    Abstract: Stunting is a widespread and persistent condition in Indonesia with more than one-third of young children being stunted. The national stunting rate for under five-year-olds increased slightly from 3.8 percent in 2007 to 37.2 percent in 2013, based on official stunting rates reported by the Ministry of Health of the Government of Indonesia. During the same time period, the percentage of population in poverty reduced from 16. Percent to 11.4 percent (World Bank), suggesting that the increased purchasing power did not translate to better nutritional outcomes for children
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  • 62
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The Philippine economy remained resilient to global headwinds in 2016. While a slower-than-expected global recovery weakened net exports, surging domestic demands pushed the annual GDP growth rate to 6.8 percent, year-on-year. Investment drove economy-wide growth for the first time since 2013, as the government's expansionary fiscal-policy stance helped capital formation to expand by 20.8 percent year-on-year led by the construction sector. Consumption growth remained strong at a rate of 6.9 percent year-on-year, as accommodative monetary policies kept interest rates low, supporting a double-digit expansion in consumer lending. Meanwhile, low inflation at 1.8 percent boosted households' purchasing power, while a steady increase in remittance inflows accelerated the growth of household consumption. Overall, 2016 saw a marked rise in consumer confidence, reflecting a healthy job market and effective social protection programs
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  • 63
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Foreign Trade, Foreign Direct Investment, and Capital Flows Study
    Series Statement: World Bank E-Library Archive
    Abstract: This study assesses the main spillover effects of the Libyan crisis on the Tunisian economy and estimates the crisis' overall social welfare and fiscal impacts on Tunisia. The authors consider four main effects on Tunisia: (i) the increased presence of Libyans in Tunisia (both short- and long-term), and the return of Tunisian workers from Libya; (ii) the level and dynamics of illicit informal trade and informal cash flows between the two countries; (iii) the deterioration of civil security in the region and its effects on private investment and tourism; and (iv) the increase in the Tunisian government's security spending. The chapter is organized as follows. Section one describes the objectives of the investigation and methodology. Section two estimates the number of Libyans living in Tunisia (temporary and permanent) and their demographic characteristics. Section three analyzes the living conditions of Libyan households in Tunisia and provides an estimate of their poverty level. Section four analyzes the shocks to Libyan households, and those households' adaptations and resilience in response to shocks. Section five discusses the migratory decisions of Libyan households, in particular their preference to either return to Libya or remain permanently in Tunisia
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  • 64
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Agricultural Study
    Series Statement: World Bank E-Library Archive
    Abstract: The Aral Sea Basin consists of the drainage area of two major rivers, the Amu Darya and the Syr Darya. The rivers originate in the Tien Shan Mountains and the Pamirs, and run through Afghanistan, Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan. An estimated 116 k
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  • 65
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The negative GDP growth r ...
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  • 66
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Financial Sector Assessment Program
    Series Statement: World Bank E-Library Archive
    Abstract: A joint International Monetary Fund (IMF)-World Bank mission visited Rabat and Casablanca in 2015, to assess the soundness and resilience of the banking system, the state of play in financial inclusion and infrastructure, the oversight frameworks for banking, capital markets and financial market infrastructures, crisis preparedness, and update the findings of the Financial Sector Assessment Program (FSAP) conducted in 2007. This report summarizes the main findings of the mission, identifies key financial sector vulnerabilities, and provides policy recommendations. This report should be read in conjunction with the Financial Sector Stability Assessment of the IMF available at https://www.imf.org/external/country/mar/index.htm
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  • 67
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Keywords: 2017 ; Wirtschaftslage ; Wirtschaftsindikator ; Wirtschaftsprognose ; Indonesien
    Abstract: This Indonesia Economic Quarterly (IEQ) reports on the key developments over the past three months in Indonesia's economy as on January 2017. The return of global policy uncertainty and financial market volatility represent risks to Indonesia's growth outlook. However, Indonesia's recent economic performance and policy reforms can help weather these risks. Gross domestic product (GDP) growth eased in third quarter as government consumption fell. The current account deficit narrowed and direct investment was strong in third quarter. Domestic financial conditions remain robust despite recent global headwinds. Fiscal policy credibility was enhanced through expenditure cuts in 2016 and more realistic revenue targets in the approved 2017 Budget. Baseline projections for real GDP growth remain at 5.1 percent for 2016 and 5.3 percent in 2017. Improving the quality of public spending is critical for Indonesia to achieve its development goals in the short to medium term. Student-centered teaching practices result in better student learning outcomes
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  • 68
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Series Statement: World Bank E-Library Archive
    Abstract: Forests have been receiving increased attention over the past few years, particularly through international climate change negotiations and efforts to develop a mechanism for reducing emissions from deforestation and forest degradation. In many forest-rich countries, the implementation of the recently declared COP21 INDC1 targets builds significantly on greenhouse gas (GHG) emission reductions and emission avoidance related to forests. Most of these countries will require considerable new investments in forestry that can be realized only through an increased level of financing over the next few years. Given the scale of the financing requirements, prevailing macroeconomic conditions, and fiscal constraints, it is unlikely that these countries will be able to fund these programs alone
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  • 69
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Series Statement: World Bank E-Library Archive
    Abstract: In September 2015, the 2030 agenda for sustainable development was adopted by member states of the United Nations (UN) at an historic UN summit. Sustainable consumption and production (SCP), as specifically reflected by SD goal (SDG) 12, is among the most important SDGs in the 2030 agenda for sustainable development. The Government of Turkey (GoT) is dedicated to taking action for the successful implementation of the 2030 agenda for sustainable development, it welcomes the universal and integrated nature of SDGs. The World Bank (WB) and other Multilateral Development Banks (MDBs) are committed to helping national governments integrate their development agendas with the SDGs and supporting the design and use of economic instruments to ensure their effective implementation. The purpose of this report is to review Turkey's on-going efforts as well as international experience in implementing economic instruments to support SCP as specified in SDG 12, analyze the gaps, and discuss areas where Turkey may better adopt economic instruments and other incentive policies for promoting SCP in the new national development plan (NDP). The study contains six chapters. Chapter one gives introduction. Chapter two provides an overview of Turkey's involvement in the global sustainable development agenda, a summary of SDG12 and key themes of SCP. Chapter three introduces the conceptual framework on green financing, and summarizes international experience on the use of economic instruments with a focus on SCP. Chapter four explores the Turkish context of economic instruments to support SCP and reviews existing economic policies and instruments. Areas for improvement and recommendations are presented in chapter five. Chapter six provides concluding remarks
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  • 70
    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: This is a background paper to the Pacific Possible report. Climate change and natural disasters represent major threats to Pacific Island countries. The report estimates the cost of climate adaptation measures for Pacific Island countries. It also proposes a range of strategies for dealing with the high uncertainty surrounding the impact of climate change over the next 25 years
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  • 71
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Series Statement: World Bank E-Library Archive
    Abstract: The document summarizes an extensive body of research conducted to assess the extent and quality of water supply, sanitation, and hygiene (WASH) services geographically and over the income distribution using a variety of techniques and data sources; the interaction between WASH outcomes and health, especially nutrition; and the institutional barriers as well as opportunities to reduce the gaps in improved access to WASH between rural and urban areas in Ecuador
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  • 72
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Mining, Oil and Gas
    Series Statement: World Bank E-Library Archive
    Abstract: This is a background paper to the Pacific Possible report. Technological progress has given rise to increased interest in deep sea minerals. This report takes stock of existing policy, legal and fiscal arrangements supporting DSM decision making and the regulatory and institutional capacities necessary to assure positive outcomes. As such, the report summarizes the knowns and unknowns characterizing the current state of DSM, frames the need to apply the precautionary approach given information uncertainty, and identifies professional and institutional capacity building needs. Given the significant uncertainties and weak institutional capacity in the countries of the Region, the report recommends the precautionary approach to DSM, which among others includes the option of no development if the risks are found to be larger than the benefits. It also recommends that regional regulatory collaboration takes place in a way that is respectful of sovereignty considerations
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  • 73
    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: The 'Linking up: Public-Private Partnerships in Power Transmission in Africa' report examines private sector-led investments in transmission globally and how this approach is applicable in sub-Saharan Africa. The private sector has invested over US
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  • 74
    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: Climate change is damaging human health now and is projected to have a greater impact in the future. Low- and middle-income countries are seeing the worst effects as they are most vulnerable to climate shifts and least able to adapt given weak health systems and poor infrastructure. Low-carbon approach can provide effective, cheaper care while at the same time being climate smart. Low-carbon healthcare can advance institutional strategies toward low-carbon development and health-strengthening imperatives and inspire other development institutions and investors working in this space. Low-carbon healthcare provides an approach for designing, building, operating, and investing in health systems and facilities that generate minimal amounts of greenhouse gases. It puts health systems on a climate-smart development path, aligning health development and delivery with global climate goals. This approach saves money by reducing energy and resource costs. It can improve the quality of care in a diversity of settings. By prompting ministries of health to tackle climate change mitigation and foster low-carbon healthcare, the development community can help governments strengthen local capacity and support better community health
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  • 75
    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: The study analyzes the SE landscape and related ecosystem of seven SAARC countries: Afghanistan, Bangladesh, Bhutan, Maldives, Nepal, Pakistan and Sri Lanka. The scope of this study is limited to three sectors that are significant for SEs: (a) Agri-business, (b) Healthcare and (c) Renewable Energy. The study covers mapping and evaluation of organized SE activity (government recognized legal structure) within each sector. The selection of the basic services was done based on priorities of WB Systematic Country Diagnostics and various multi-stakeholders consutations.This report attempts to bridge the information gap for the SE ecosystem in the SAARC region excluding India. While analyzing the SE landscape and ecosystem in the South Asian Association for Regional Cooperation (SAARC) countries, this report aims to provide insights to various stakeholders to design initiatives for deeper assessment of the priority sectors and segments for promoting social entrepreneurship across these countries
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  • 76
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Institutional and Governance Review
    Series Statement: World Bank E-Library Archive
    Abstract: This report was developed ...
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  • 77
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Education Study
    Series Statement: World Bank E-Library Archive
    Abstract: Each year countries suffer great tragedy when natural disasters destroy schools and disrupt children's education. In addition to causing immediate harm to children, there is mounting evidence that the direct impact of natural disasters can translate into a series of indirect long-term effects. For some time, multilateral and bilateral development finance institutions, United Nations (UN) agencies, and nongovernmental organizations (NGOs) have been engaged in efforts to make schools resilient to natural hazards. Despite these efforts, however, the safety of school facilities in many disaster-prone countries is unknown, and governments and donors continue to finance new school construction without taking sufficient account of safety. In 2014, the Global Facility for Disaster Reduction and Recovery (GFDRR) launched the Global Program for Safer Schools (GPSS). Through the GPSS, GFDRR support programs designed to establish safer school facilities in countries where the government has firmly committed to a reform or investment program in the education sector. GFDRR provides technical assistance to ensure that such education sector programs finance safer school facilities. The aim of the GPSS is to make school facilities, and the communities they serve, more resilient to natural hazards. This Roadmap is focused specifically on school infrastructure (which includes the school site and buildings). For investment opportunities to be effective and to have maximum impact at community and national scales, it is important that this support is coordinated with investments in school disaster management, risk reduction and resilience in education, and disaster preparedness in other sectors
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  • 78
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Water and Sanitation Program
    Series Statement: World Bank E-Library Archive
    Abstract: This report is part of a ...
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  • 79
    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: The Arab Spring protests marked the beginning of a new era in the Syrian Arab Republic in 2011. Minor public protests began almost immediately after the initial protests in Cairo in January 2011. The first large demonstrations began two months later in March, and the following months saw a process of escalation as demonstrations spread and increased in size within the country. By the summer of 2011, the armed conflict was already unfolding. Now in its sixth year, the Syrian conflict remains active and is bringing much pain and tragedy on a daily basis. This study provides an assessment of the conflict's impact on economic and social outcomes in Syria as of early 2017. The analysis focuses on taking stock of the effects of the conflict in four areas: (i) physical damage, (ii) loss of lives and demographic dispersion, (iii) economic outcomes, and (iv) human development outcomes
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  • 80
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Series Statement: World Bank E-Library Archive
    Abstract: Agriculture sector growth in Myanmar averaged 2.5 percent during 2009/10-2016/17. This compares to only half of the growth rate in neighboring China and Thailand at the same stage of their economic development and less than one-third of nonagricultural growth in Myanmar. This low agricultural growth is one of the main reasons for slow poverty reduction, high malnutrition, and job insecurity in many parts of Myanmar, given the sector's continued significance in gross domestic product (GDP) (29 percent), the labor force (50 percent), and exports (30 percent). This first-ever Agricultural Public Expenditure Review is an important step to deepen the policy dialogue on improving the impact of public services on agricultural growth and other developmental objectives. It covers the period from 2009/10 to 2016/17, analyzing the budgets of the Union Ministry of Agriculture, Livestock and Irrigation (MOALI), selected Regions and States, the Myanmar Agricultural Development Bank's (MADB) financing, and donors. The review focuses on allocative and implementation efficiencies of public expenditures
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  • 81
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: Pakistan's economy continues to grow strongly, emerging as one of the top performers in South Asia. Beneath the surface, however, a number of warning signs are emerging. Revenue growth is slowing, with the fiscal deficit growing for the first time in three years. Exports continue to fall as imports grow, substantially increasing the current account deficit. Investment rates - already low - fell further in FY16 (the latest data available). Finally, the energy sector circular debt has resurfaced. These emerging concerns suggest that renewed policy emphasis is required on macroeconomic stability - to prevent the country from losing the impressive gains achieved over the past four years - and other structural reforms such as those required in the energy sector. While the federal government necessarily carries the majority of this burden, provincial governments also have a part to play. The special sections of this update analyze some of the specific challenges facing Pakistan's most populous province, Punjab, including increasing own-source revenue, equipping youth with employable skills and ensuring the poor share in the benefits of growth. Punjab, along with federal and other provincial governments, is also confronted with the urgent task of lifting agricultural productivity and addressing distortive subsidies, which are impeding growth
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  • 82
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The Afghanistan Development Update, which is published twice a year, provides a comprehensive report of the state of the Afghan economy. It covers recent economic developments and outlines the medium-term outlook for Afghanistan. Afghanistan. Each edition includes a section that provides in-depth analysis on one or more specific focus topics. The lack of high-frequency data in Afghanistan makes it difficult to track economic activities on a monthly or quarterly basis. Thus, proxy indicators are utilized when their quality is deemed satisfactory. Efforts are made to ensure that key analysis and forecasts are based primarily on reliable sets of data. The Afghanistan Development Update is intended for a wide audience, including policy makers, the donor community, the private sector, the community of analysts and professionals engaged in monitoring the economy and Afghanistan's citizens at large. In this issue of the Update, the Focus Section discusses how economic stimulus can be provided in Afghanistan's resource-constrained environment. In the context of the economic slowdown, Afghanistan faces the difficult dilemma of balancing measures to stimulate the economy while at the same time avoiding a further weakening of its fiscal position. The fiscal space is already extremely limited, with no room to increase public expenditure or to lower taxes. Thus, the Government must implement initiatives to maximize the growth impact of fiscal expenditure. First, policies to encourage government spending on non-tradable goods from local suppliers will ensure that demand taps domestic production, rather than imports. Second, policies to improve absorptive capacity will increase the quality, speed of execution and value for money of public investments. Third, policies to promote contestable markets in banking and construction will stimulate the entry of small and medium-sized firms in both sectors. Fourth, polices to increase fiscal space should include measures to improve revenue mobilization and to use existing resources more effectively, which will release additional resources
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  • 83
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Partnership Frameworks
    Series Statement: World Bank E-Library Archive
    Abstract: Ethiopia has achieved substantial progress in economic, social, and human development over the past decade. The country partnership framework (CPF) draws on the findings of the World Bank Group (WBG's) 2016 systematic country diagnostic (SCD) for Ethiopia, which identified eight binding constraints to ending extreme poverty and boosting shared prosperity, along with two overarching challenges: the need for a sustainable financing model for growth, and inadequate feedback mechanisms to facilitate citizen engagement and government account- ability. This CPF succeeds the Ethiopia FY13-FY16 country partnership strategy (CPS), which was discussed at the Board on August 29, 2012. It also reflects lessons learned and resulting suggestions from the CPS completion and learning review (CLR), which is presented in this report. Following a decade of strong economic growth in Ethiopia, the CPF addresses the challenges of forging a growth path that is more broadly inclusive and sustainable. The CPF program will focus on: (i) promoting structural and economic transformation through increased productivity; (ii) building resilience and inclusiveness (including gender equality); and (iii) supporting institutional accountability and confronting corruption. This CPF adopts a spatial lens through which this five-year program will seek to deliver bold results and to tackle two of the greatest spatial challenges to Ethiopia's quest to achieve lower middle-income status by 2025
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  • 84
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Systematic Country Diagnostics
    Series Statement: World Bank E-Library Archive
    Abstract: Solomon Islands is a small, remote archipelago in the South Pacific that faces a fairly unique set of development challenges. Solomon Islands is now at a critical juncture in its development trajectory. Neither the economic geography nor the present political economy of Solomon Islands is particularly conducive to the establishment of state institutions capable of managing upcoming socioeconomic change. Because of the weaknesses of state institutions, and consistent with Solom on Islands' historical experience, a variety of non-state and international actors will need to play important roles in managing upcoming and potentially risky socioeconomic change. This Systematic Country Diagnostic (SCD) for Solomon Islands identifies key challenges and opportunities for achieving inclusive and sustainable growth, to accelerate progress toward the World Bank Group's twin goals of reducing extreme poverty and promoting shared prosperity
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  • 85
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Series Statement: World Bank E-Library Archive
    Abstract: This Public Expenditure R ...
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  • 86
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Series Statement: World Bank E-Library Archive
    Abstract: This policy note discusses strengthening institutions for urban and metropolitan management and service delivery and is part of a broader Philippines urbanization study. Strong institutions are critical to the effective management of cities, the delivery of efficient urban services and infrastructure, and the establishment of an enabling environment for business and job creation. Strong institutions are needed to design and support policies for land and housing markets, raise and equitably redistribute revenues, and promote a safe and sustainable urban environment both at the national and local levels. A number of underlying institutional and governance issues at national and metropolitan levels in the Philippines stand out as binding constraints which have limited the country from optimizing the benefits of urban development. Even as the share of the national population living in urban areas has expanded to around 50 percent, urbanization in the country has never been guided by a comprehensive urban development policy supported by a clearly defined institutional framework. Institutional fragmentation among various oversight and sectorial agencies at the national level has exacerbated the weak institutional environment for urban development. The continuing expansion and population growth of urban areas throughout the country heightens the urgency for adopting comprehensive urban policy and institutional reforms that will enable the country to harness the benefits of urban development and mitigate negative externalities. There are a number of key challenges related to governance and institutions that are hampering successful urbanization: (i) absence of a comprehensive national urban policy; (ii) absence of a lead agency for urban development; (iii) weaknesses in the fiscal decentralization framework; and (iv) metropolitan fragmentation and weak mechanisms for inter-jurisdictional coordination
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  • 87
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: It is clear that disasters from natural hazards are having extensive impacts on vulnerable communities and the economies of many nations. Japan's comprehensive multi-hazard approach covering weather, climate, ocean-related, and terrestrial services has been applied and developed through numerous experiences of disastrous events, such as the 2011 Great East Japan Earthquake, strong typhoon landfalls, and volcanic eruptions. This summary report aims to provide a knowledge base for policy and decision makers that will allow governments and sponsor organizations to understand the fundamental operations of weather, climate, and hydrological services (together constituting Hydromet services) and consequently target effective funding, in particular to developing countries. It summarizes two detailed and comprehensive supporting reports: (i) a background paper by the Japan Meteorological Business Support Center (JMBSC) on meteorological services; and (ii) a background paper by the Foundation of River and Basin Integrated Communications, Japan (FRICS), on hydrology and water resources. The Japanese model of hydromet services outlined in this summary report and the background papers is an excellent example of a modern service with strong government involvement and institutional governance built up over decades, comprehensive infrastructure, and sound and advanced service delivery. This paper is arranged as follows: (a) Section 2 explains the key historical phases of modernization of each service (as described in the background papers), which led to the current integrated modern service provided for the public good; and (b) Section 3, concludes with a synthesis of the key elements of the Japanese experience understood as a model for countries undertaking modernization, and discusses possible implications for developing countries
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  • 88
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: There is a wealth of scientific reports that records the actual climatic changes that have been taking place during recent years. While there is debate over the causes of climate change, the rate at which this phenomenon is increasing is overwhelming - with the evidence indicating that the changes in our environment will impact large parts of the globe. The Transport and ICT Global Practice (T and I) provides clients with physical and virtual connectivity solutions, to facilitate the movement of people, goods and information, thus enabling access to food, jobs, health and education services, and stimulating economic and social development. This report highlights some challenges to the research and academic fraternity in understanding climatic impacts on road networks better, developing more resilient technologies and, most importantly, developing a better understanding to quantify the impact or benefits of climate adaptation strategies. The main conclusion of this report is that asset management, when undertaken according to best practice, is already one of the most significant climate adaptation strategies. With minor adaption to existing asset management processes and techniques, a far greater return may be gained from investment to allow for changing demands on road infrastructure, both from a changing climate and from an ever-changing population. For more information, visit http://www.worldbank.org/en/topic/transport
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  • 89
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: State and Trends of Carbon Pricing
    Series Statement: World Bank E-Library Archive
    Abstract: The report is a one stop shop for learning about key developments and prospects of existing and emerging carbon initiatives. There is a continued momentum for carbon pricing. As of 2017, over 40 national and 25 subnational jurisdictions representing almost a quarter of global greenhouse gas emissions are putting a price on carbon. Over the past decade the number of jurisdictions with carbon pricing initiatives have doubled. On average, carbon pricing initiatives cover about half of the emissions in these jurisdictions, which translates to a total coverage of about 8 Gigatons of carbon dioxide or about 15% of global emissions (a fourfold increase over the past decade)
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  • 90
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: The objective of this paper is to develop an approach for integrating a gender dimension into Agricultural Sector Risk Assessments (ASRAs). The focus is on the approach because both agricultural risk and gender issues are contextual, thus the outcomes of a gender-based risk assessment are highly dependent on the social, cultural, geo-graphic, and economic contexts of the setting in which the assessment is applied. The organization of the paper reflects the challenges of incorporating a gender dimension into ASRAs. The conceptual framework and step-by-step illustrations presented herein are based on lessons learned by the World Bank and other institutions in assisting developing economies in conducting sector and key commodity supply chain risk assessments (World Bank 2015a). The paper also relies on recent work by international institutions and academic research that offer insights into the complexities of gender issues in relation to agricultural shocks. These experiences inform this paper's case for a gender-based approach to Agriculture Risk Management (ARM) and help to illustrate a practical, stepwise approach for conducting gender-based ASRAs. This paper is arranged as follows: Chapter 2 offers a summary of the conceptual framework for risk management, including addressing why a gendered approach to ASRAs is essential; Chapter 3 shows the available evidence that agricultural risk has a gender-differentiated impact on farming households and that farming households adopt a gender-differentiated response to risk; Chapter 4 describes a step-by-step operational approach for doing so, and includes guidance for formulating gender-smart policies and strategies for strengthening agricultural systems' resilience; and Chapter 5 presents a summary of findings and concluding remarks
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  • 91
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Law and Justice Study
    Series Statement: World Bank E-Library Archive
    Abstract: It is acknowledged that conflict over land is a major source of violence in various parts of Mindanao, particularly the prosed Bangsamoro region. Historical accounts trace the root cause of land issues and identity-based conflict to the introduction of the Regalian doctrine of land ownership by Spanish colonizers. During the American colonial regime at the turn of the 20th century, dispossession of land held by the original inhabitants of Mindanao accelerated, with an emphasis of titling lands for private ownership that clashed with the tradition of ancestral domain. This was further exacerbated by migration instigated by the central government, starting with the development of "agricultural colonies: in the early 1900s to 1940s, to the passage of a series of land reform laws from the 1960s until the end of the 1980s to encourage individual land titling as a strategy for agricultural development. These evens radically altered land ownership patterns in Mindanao, as communal ownership of land by its original inhabitants gave way to individual titles in the possession of settlers from Luzon and the Visayas
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  • 92
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Education Study
    Series Statement: World Bank E-Library Archive
    Abstract: Sustaining in recent years expenditure on early childhood education (ECE) at over a fifth of its education budget, Mongolia is a relatively high spender on pre-primary education. This report examines structural and process aspects of quality in Mongolian kindergartens, along with early development outcomes among children enrolled in these kindergartens, to assess the effectiveness and equity of the country's public investments in ECE. The analysis shows that while the last decade saw tremendous progress in improving access to preschool overall, the most disadvantaged and vulnerable are still excluded from the system. Further, an assessment of child development outcomes shows that even after significant exposure to formal preschool services in the public sector, socioeconomic gaps in outcomes remain large. At the same time, potential areas where relatively low-cost investments could reap significant gains remain unexploited. Key among these is use of home- or community-based ECE interventions that could improve school preparedness among children in rural areas not enrolled in preschools. Another is the potential for an expanded role for the private sector in urban areas
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  • 93
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Water Papers
    Series Statement: World Bank E-Library Archive
    Abstract: This analysis looks specifically at the need to ensure continued development of water resources within Lesotho and aims to empower stakeholders to act with more confidence by demonstrating that the implementation strategies can provide benefits to water resources management over a broad range of possible future scenarios. The analysis quantifies a range of possible future conditions to demonstrate the benefits that can be realized over a broad range of possible future outcomes. This quantification is based on a water resource decision support model developed specifically for Lesotho, using the Water Evaluation and Planning (WEAP) model which couples climate, hydrologic, and water management systems to facilitate an evaluation of the uncertainties and strategies of impacts on specified management metrics. The WEAP model was used to simulate the historic climate based on data from the national government archives and global datasets available in the public domain. These included 121 downscaled Global Climate Model (GCM) projections of future climate over two possible water demand future scenarios, for a total of 244 scenarios up to the year 2050. The analysis concludes the following: (a)Climate change has important determinants for the future, long-term sustainable macroeconomic development of Lesotho: (b)Domestic and industrial water security is highly vulnerable under historical and current climate conditions, as well as under the full range of climate future scenarios; (c) Agriculture production will remain vulnerable to inter-annual variability over the coming decades, particularly with continued reliance on rain fed agriculture; and (d) The Lesotho Highlands Water Project (LHWP) will continue to reliably meet transfers to South Africa over the coming decades unless climate conditions are about 5 percent drier or more than the historical record
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  • 94
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The first chapter of the ...
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  • 95
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Rural Study
    Series Statement: World Bank E-Library Archive
    Abstract: In recent years, the prospects of Kenya's tourism industry have been clouded by a perfect storm of misfortunes - insecurity, growing global competition, and unsustainable tourism development. It is in this context that the potential and actual contribution of the tourism sector to the country's development has been questioned, with claims that tourism contributes less to the Kenyan economy than commonly thought. This report is arranged as follows: Chapter 1 identifies linkages with sectors that provide inputs into tourism as well as sectors that benefit from the boost in demand generated by the industry (termed the backward and forward linkages respectively). The results in Chapter 2 indicate that the effects on the economy depend on the cross-sectoral linkages. Hence, impacts on the economy differ depending on whether they emanate from changes in foreign tourist arrivals, changes in domestic tourist demand, oil price shocks, or foreign exchange shocks. Chapter 3 attempts to explore how long-term growth and poverty rates are affected with investments in the different segments of the tourism industry. Finally, recognizing that growth in the sector is dependent upon sustainable resource use, Chapter 4 contributes to the analysis of alternative policy strategies by investigating policies for the allocation of water. This is a highly relevant, though much neglected issue as Kenya is amongst the most water scarce countries in Africa and also has a highly water intensive economy (when measured in per capita availability, Kenya is more water scarce than land, and projections suggest the former will get worse faster). The Computable General Equilibrium (CGE) model is also used to examine the growth consequences of reallocating water from the highly water-dependent tourism industry to other sectors of the economy
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  • 96
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Partnership Frameworks
    Series Statement: World Bank E-Library Archive
    Abstract: This Country Partnership Framework (CPF) for Turkey covers the period FY18-21. It is aligned with the objectives of Turkey's 10th Development Plan and is based on the findings of a World Bank Group (WBG) Systematic Country Diagnostic (SCD) that was finalized in February 2017. The CPF aims to help Turkey to achieve its development objectives through building on the foundations of the existing program and consolidating gains in key areas where the WBG is already active, as well as developing the program further in areas which target the WBG twin goals of reducing extreme poverty and boosting shared prosperity. The CPF puts forward a flexible approach for the WBG's program that is appropriate for a middle-income country of Turkey's size and takes account of the evolving country and regional situation
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  • 97
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The objective of this report is to share perspectives with the Government of Bangladesh, think tanks and researchers, the public as well as the Bank's senior management on the state of the economy, outlook, risks, progress on structural policy reforms, and key challenges the economy is currently facing. The coverage includes developments in the real sector focusing on poverty, growth, and inflation; external sector developments focusing on the balance of payments, foreign exchange reserves and the exchange rate; fiscal developments focusing on revenue mobilization, public expenditures, and deficit financing; financial sector developments focusing on credit and interest rates; and monetary developments. This update also assesses the progress in Bangladesh's labor markets and concludes with an exposition of the policy challenges that need to be addressed to accelerate the creation of quality jobs
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  • 98
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: City Development Strategy
    Series Statement: World Bank E-Library Archive
    Abstract: Uganda is urbanizing rapidly. If not proactively managed, Uganda will miss a major opportunity for structural transformation. The purpose of this report is to provide Ugandan policymakers with economic analyses on the role of Greater Kampala in achieving Uganda's economic goals outlined in Vision 2040 and the actions needed to unlock the city's economic potential. This report drills down into the case of Greater Kampala and outlines the metropolitan's main challenges to promoting economic development and recommending areas for government action. Following the introductory section, Section 2 profiles Greater Kampala's economic strengths and weaknesses as well as outlines the vital role it plays in Uganda's economy. The section will show that Greater Kampala is not generating enough jobs in the value-added sectors, like manufacturing, for sustained economic development and concludes by identifying promising sectors which have the greatest potential to create productive jobs. This report then argues that there are three focus areas which are crucial to Greater Kampala's future economic development: i) Built environment and; ii) Business constraints affecting the tradable sector. Section 2 evaluates Greater Kampala's built environment, assessing the city's urban form and infrastructure and how they impact on firm competitiveness. This section concludes with practical suggestions for the Greater Kampala Metropolitan Area stakeholders and identifies opportunities to better manage Greater Kampala's urbanization. Section 3 addresses the business constraints which Kampala's formal firms face. This section discusses how governments can best engage businesses to address barriers to firm growth including access to finance, taxation and skills. The report concludes by outlining all recommendations in a sequenced plan
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  • 99
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Financial Sector Assessment Program
    Series Statement: World Bank E-Library Archive
    Abstract: Indonesia has exhibited strong macroeconomic performance, but developmental needs remain significant. To raise the living standards of a large population dispersed over thousands of islands, Indonesia must address several key challenges, including a sizeable infrastructure gap, relatively low productivity, and rising inequality. The authorities recognize that the financial sector needs to play a central role in overcoming such challenges. The authorities have been pursuing an ambitious agenda to promote financial sector deepening and to strengthen financial oversight and crisis management. Despite substantial progress since the last FSAP, the financial sector is not yet sufficiently able to fund development needs or boost inclusive economic growth. To promote sustainable financial sector deepening and inclusion, the authorities could consider a more coordinated, cross-cutting approach by addressing root causes. To promote inclusive economic growth and strengthen financial markets, the authorities pursue a diverse policy mix which includes: expansion of the KUR credit guarantee program with an interest subsidy add-on; a deposit interest rate ceiling; requirements for non-bank financial institutions to hold debt issued by the government and state-owned enterprises; and moral suasion to lower bank lending rates. However, these measures may not prove effective in achieving sustainably higher growth and financial deepening
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  • 100
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Social Analysis
    Series Statement: World Bank E-Library Archive
    Abstract: Georgia has an impressive record of reforms and is on a steady track of poverty reduction, butensuring that of its all citizens can equally benefit from and contribute to its development remains a challenge. This study focuses on one particular aspect of Georgia's path to inclusive growth: social inclusion. It uses the concepts of social inclusion and exclusion to help understand why some members of society may be consistently left behind from the development process, and to provide insights into policies that can have a transformational impact on the situation of systematically disadvantaged groups and individuals. Social exclusion implies that certain members of society, due to their social or cultural identity, may face complex barriers and, due to them, have persistently lower outcomes e.g., access to quality education, health, employment, and income relative to the rest of society, thus not achieving their full potential
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