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  • 2020-2024  (878)
  • 2023  (878)
  • Washington, D.C : The World Bank  (878)
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  • 2020-2024  (878)
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  • 1
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Drought ; Economic Recovery ; Emigration ; Inflation ; Migration ; Poverty Reduction
    Abstract: Migration will likely become increasingly important for Tunisia in terms of both inflows and outflows, given the demographic transition in both Tunisia and Europe. As such Tunisia can work (also with partner countries) to maximize the benefits of migration. As a country of mainly emigration, Tunisia could help strengthen the match of its emigrants with the demand abroad, including through enhanced cooperation with destination countries. Such cooperation should include focusing international assistance towards development objectives in Tunisia. Based on available evidence, increasing household incomes will contribute to reducing the propensity to consider emigrating through irregular channels. As its importance as a destination country (hence migrants who want to settle in Tunisia) is likely to increase, Tunisia can also enhance the economic benefits from immigrants by facilitating migrants' regular status and streamlining the recognition of their qualifications, which has been identified as one of the key aspects for the successful implementation of bilateral mobility agreements involving skill partnerships
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  • 2
    Language: English
    Pages: 1 Online-Ressource (xxxiii,276 pages) , Diagramme, Tabellen, graphische Darstellungen
    Series Statement: MENA Development Report
    Parallel Title: Erscheint auch als
    Keywords: Schattenwirtschaft ; Wirtschaftswachstum ; Gemeinwohl ; Interesse ; Grundlage ; Strukturfaktor ; Wirtschaftsentwicklung ; Arbeitsmarkt ; Arbeitsbeziehungen ; Steuersystem ; Transfereinkommen ; Handelsrecht ; Regulierung ; Internationaler Vergleich ; Employment ; Formalization Incentives ; Inclusive growth ; Informality ; Labor Market ; Labor Regulations ; Market Conditions ; Productivity ; Taxes ; Naher Osten ; Mittlerer Osten ; Nordafrika ; Ägypten ; Marokko ; Tunesien
    Abstract: The long-standing informality debate in the Middle East and North Africa (MENA) Region has taken on a new urgency as it looks for a pathway to more socially inclusive growth that is less reliant on fossil fuels. This is occurring against a backdrop of subpar labor market outcomes, further growth setbacks, and deteriorating fiscal and current account deficits in the aftermath of the COVID-19 pandemic--and in the wake of high inflation and supply chain disruptions triggered by the Russian Federation-Ukraine war. 'Informality and Inclusive Growth in the Middle East and North Africa' aims to better understand the characteristics and incentive structure that have led to the prevalence of informal employment in three MENA countries--the Arab Republic of Egypt, Morocco, and Tunisia. The report breaks new ground by adopting a comprehensive perspective to focus on the features of, and interrelationships among, different aspects of these countries' institutional landscapes to make sense of the complex incentive structure that workers and firms face when deciding between formal and informal options. Specifically, the report groups these issues in three broad realms: (1) entrepreneur-worker relations, (2) taxes and transfers, and (3) market conditions. 'This report is an extremely welcome addition to the literature on MENA labor markets. By analyzing the incentive structure and institutional factors that have led to the prevalence of informal employment in Egypt, Morocco, and Tunisia, it points the way to policy actions that can be taken to reduce informality and increase social protection for workers. It is a must-read for anyone who cares about greater economic inclusion in MENA.' --Ragui Assaad, Professor, Hubert H. Humphrey School of Public Affairs, University of Minnesota 'A compelling account of the implications of informality in the workforce and how economies of MENA can design appropriate policy responses. This timely report comes amid multiple social reforms in MENA and is a must-read for policy practitioners and economists in the region.' --Karim El Aynaoui, Executive President, Policy Center for the New South 'This report is particularly timely given the negative impact the COVID-19 pandemic and subsequent crises have had on living standards and poverty rates around the world and especially in MENA countries. While the focus on boosting growth and achieving the Sustainable Development Goals has revolved around financing, the report sheds new light on the benefits that tackling informality through institutional, regulatory, and policy changes could present to achieving these goals.' --Mahmoud Mohieldin, Executive Director, International Monetary Fund
    Note: Literaturverzeichnis
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  • 3
    Language: English
    Pages: 1 Online-Ressource (36 pages)
    Parallel Title: Erscheint auch als Dovonou, Vanessa Olakemi The Distributional Impact of Inflation in South Asia: An Empirical Approach
    Keywords: Distributional Effect ; Distributional Impact ; Food Inflation ; Food Inflation and Inequality ; Inequality ; Inflation ; Macroeconomics and Economic Growth ; Poverty Impact Evaluation ; Poverty Reduction
    Abstract: This paper provides an empirical estimation of the distributional impact of inflation on households in South Asia. Two main channels are explored-the consumption basket channel and the income channel-for households in different income deciles in selected countries in South Asia. Using recent household expenditure surveys, the paper constructs detailed consumption expenditure shares and the effective "cost-of-living" inflation for households of different income levels. The analysis finds that due to a substantially larger share of food expenditure, households in lower income deciles experience higher effective inflation when food prices are high, despite a diversification in consumption expenditure over time. The analysis also suggests heterogeneous effects of inflation through the household income channel
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  • 4
    Language: English
    Pages: 1 Online-Ressource (36 pages)
    Series Statement: Policy Research Working Paper 10646
    Parallel Title: Erscheint auch als Ishak, Phoebe W The Effect of COVID-19 on the Gender Employment Gap in Egyptian Manufacturing
    Keywords: Verarbeitende Industrie ; Arbeitnehmer ; Externer Effekt ; COVID-19 ; Bedeutung ; Rolle ; Partizipation ; Datenaufbereitung ; Covid-19 Impact ; Employment ; Employment Gender Gap ; Equity and Development ; Gender ; Gender and Economics ; Gender Informatics ; Informality ; Manufacturing Jobs ; Poverty Reduction
    Abstract: This paper examines the evolution of the gender employment gap post COVID-19 in the Egyptian manufacturing sector, using a unique firm-level data set. The findings show that the COVID-19 shock led to a slight improvement in the gender employment gap, both in absolute and relative terms, driven by a larger reduction in male employment compared to that for female employment. The heterogeneity analysis shows that exporting firms and firms in industrial zones on average increased both types of employment post COVID-19. Two types of firms contributed to a worsening of the gender gap, namely firms that adopted technology and those that provided worker training prior to the pandemic, pushing male employment up while not doing the same for female employment. Additionally, the informal sector contributed to a worsening of the gender gap during the pandemic
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  • 5
    Language: English
    Pages: 1 Online-Ressource (35 pages)
    Parallel Title: Erscheint auch als Okunogbe, Oyebola How Can Lower-Income Countries Collect More Taxes? The Role of Technology, Tax Agents, and Politics
    Keywords: E-Government ; Governance ; Information Technology ; Law and Development ; Macroeconomics and Economic Growth ; Political Economy of Taxation ; TAC Administration ; Tax Law ; Tax Officials ; Tax Revenue ; Tax To GDP Ratio ; Taxation and Subsidies
    Abstract: This paper examines recent evidence on tax administration interventions aimed at increasing tax revenues in lower-income countries. It focuses on two major themes: the use of new information technology tools--for identifying taxable entities, verifying tax liabilities, and ensuring collection of liabilities--and how the deployment and incentives of tax officials shape their performance. The paper discusses the promise and pitfalls of interventions in these two areas and the strategic interactions between them. Lastly, it emphasizes the importance of political incentives and considers the conditions under which governments choose to invest in tax capacity and expand tax collection
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  • 6
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Gender Assessment
    Keywords: Economic Opportunity for Women ; Endowment ; Gender ; Gender and Economic Policy ; Gender and Poverty ; Gender Gap ; Gender Monitoring and Evaluation ; Human Rights ; Poverty Reduction ; Women's Agency
    Abstract: Achieving inclusive growth and maximizing poverty reduction in the Dominican Republic requires closing existing gender gaps: from early childhood to working age, and further still into old age. Using a lifecycle approach, this gender Assessment attempts to uncover, better understand, and deliver some policy recommendations for the main challenges in this area, with a focus on the three main dimensions of endowments, economic opportunity, and agency
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  • 7
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Economic Memorandum
    Keywords: Agricultural Growth and Rural Development ; Agriculture ; Economic Growth ; GDP ; High Poverty Rate ; Macroeconomics and Economic Growth ; Poverty Monitoring and Analysis ; Poverty Reduction ; Private Sector ; Rural Development ; Rural Economy ; Slow Growth
    Abstract: This Country Economic Memorandum (CEM) argues for a significant shift in policy to enable a virtuous cycle of sustained and inclusive economic growth, outlined infive building blocks. Chapter 1 identifies policy priorities to restore the macroeconomic fundamentals for growth through fiscal reform, debt sustainability, external rebalancing, and monetary stability. The following three chapters address three core structural constraints to growth and propose key reforms to accelerate agricultural commercialization and improve rural labor markets (Chapter 2), enable the private sector to drive productivity growth (Chapter 3), and catalyze exports and foreign investment (Chapter 4). Acknowledging that implementing key growth-enhancing policies--be they macroeconomic or structural--are the result of complex political economy and governance arrangements, Chapter 5 focuses on how past Malawian successes can inform future sectoral policies, reforms, and strategies to achieve the goals outlined in the Malawi 2063
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  • 8
    Language: English
    Pages: 1 Online-Ressource (47 pages)
    Parallel Title: Erscheint auch als Zhang, Kexin Correcting Sampling and Nonresponse Bias in Phone Survey Poverty Estimation Using Reweighting and Poverty Projection Models
    Keywords: Correction of Sampling Bias ; Covid-19 Pandemic Phone Survey ; Living Standards ; Nonresponse Bias ; Phone Survey Data ; Poverty and Policy ; Poverty Estimation ; Poverty Projections ; Poverty Reduction ; Survey of Wellbeing ; Weighting
    Abstract: To monitor the evolution of household living conditions during the COVID-19 pandemic, the World Bank conducted COVID-19 High-Frequency Phone Surveys in around 80 countries. Phone surveys are cheap and easy to implement, but they have some major limitations, such as the absence of poverty data, sampling bias due to incomplete telephone coverage in many developing countries, and frequent nonresponses to phone interviews. To overcome these limitations, the World Bank conducted pilots in 20 countries where the Survey of Wellbeing via Instant and Frequent Tracking, a rapid poverty monitoring tool, was adopted to estimate poverty rates based on 10 to 15 simple questions collected via phone interviews, and where sampling weights were adjusted to correct the sampling and nonresponse bias. This paper examines whether reweighting procedures and the Survey of Wellbeing via Instant and Frequent Tracking methodology can eliminate the bias in poverty estimation based on the COVID-19 High-Frequency Phone Surveys. Experiments using artificial phone survey samples show that (i) reweighting procedures cannot fully eliminate bias in poverty estimates, as previous research has demonstrated, but (ii) when combined with Survey of Wellbeing via Instant and Frequent Tracking poverty projections, they effectively eliminate bias in poverty estimates and other statistics
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  • 9
    Language: English
    Pages: 1 Online-Ressource (53 pages)
    Parallel Title: Erscheint auch als Anukriti, S Can Effective Policy Implementation Alter Political Selection? Evidence from Female Legislators in India
    Keywords: DPEP ; Economic Policy, Institutions and Governance ; Election Gender Bias ; Female Leaders ; Female Legislator Selection ; Gender ; Gender and Governance ; Governance ; Leader Competence ; Macroeconomics and Economic Growth ; Political Selection
    Abstract: Can effective policy implementation change political selection by inducing voters to prioritize leader competence over other traits, such as gender This paper answers this question by examining the impact of a successful school-expansion program on the likelihood of women being elected to state legislatures in India. The paper shows that the program increased voter prioritization of leader competence over gender, boosting the share of women among candidates and state parliamentarians and the overall capability of elected officials. These findings are consistent with the predictions of a model of candidate self-selection where voters trade off candidate competence with their bias against female leaders
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  • 10
    Language: English
    Pages: 1 Online-Ressource (170 pages)
    Series Statement: International Development in Focus
    Parallel Title: Erscheint auch als
    Keywords: Adaptive Measures ; Air Pollution ; Climate Change ; Impact on Health ; Mental Health ; Premature Mortality ; Respiratory Infections
    Abstract: In 2022, South Sudan was ranked as the world's most vulnerable country to climate change and the one most lacking in coping capacity. SouthSudan is also one of the world's most politically fragile countries. Rising from the Depths explores opportunities and trade-offs for aligning South Sudan's water-related investments and policies with its commitment to peace and its climate change adaptation needs. This report elevates water security as an issue critical for national development and stability-not just as a humanitarian need. With a focus on water security for people, production, and protection, the report shows that water insecurity is an existential threat to South Sudan. One in two South Sudanese live in areas exposed to moderate flood hazard; the country ranks seventh in the world for share of population exposed to river floods. Lack of access to safe drinking water supply and sanitation is also a core concern: more than 60 percent of the population use unimproved sources and 75 percent practice open defecation. Women and girls tend to be disproportionately impacted by these water-related threats. The report illustrates the negative implications of these challenges on health and nutrition, forced displacement, gender, and conflict. Yet, the challenges of water in South Sudan are also an opportunity. Rising from the Depths shows that South Sudan can harness the ubiquity of water as a tool to advance national development and stability. Priorities include strengthening nascent policy and institutional frameworks to guide water sector investments and ensure their sustainability, using a portfolio of infrastructure options to manage water resources, and addressing the country's water supply and sanitation crisis. The identification, design, and implementation of investments should be guided by comprehensive feasibility assessments that include the investments' impact on the country's rich biodiversity and social and conflict dynamics. Although infrastructure will be needed, it will not be enough. Water security in South Sudan will be achieved not solely by trying to control water and divert its flow but also by focusing on increasing community preparedness; delineating areas for water; and making productive use of water for household consumption, livelihoods, and development
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  • 11
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (354 pages)
    Series Statement: South Asia Development Forum
    Parallel Title: Erscheint auch als
    Abstract: Informality remains widespread in South Asia despite decades of economic growth. The low earnings and high vulnerability in the informal sector make this a major development issue for the region. Yet, there is no consensus on its causes and consequences, with the debate polarized between a view that informality is a problem of regulatory evasion and should be eradicated, and another that equates informality with economic exclusion. Recent advances in analyzing informality as the outcome of firm dynamics in distorted economic environments can help reconcile them. Building on these advances, the approach adopted in this volume clarifies that there are different types of informality, with different drivers and consequences. The report has four main messages that underscore the need for a multipronged strategy. First, informality in South Asia is dominated by firms that happen to be outside the purview of regulations because they are small, as opposed to those that remain small to escape regulations. Second, reforms of business regulations tend to have small direct effects on the informal sector, although they could have sizable indirect impacts on it if they succeed in removing major inefficiencies in the broader economy. Third, e-commerce platforms offer new opportunities to informal firms and workers, but many of them lack complementary skills or credit to benefit from such technologies. Fourth, a combination of contributory and non-contributory programs recognizing the heterogenous saving capacities of informal workers may be necessary to achieve more universal coverage of social insurance
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  • 12
    Language: English
    Pages: 1 Online-Ressource (82 pages)
    Series Statement: International Development in Focus
    Parallel Title: Erscheint auch als
    Keywords: Decomposition Analysis ; Factor Allocation ; Firm Capabilities ; Government Interventions ; Manufacturing ; Micro, Small and Medium Enterprises ; MSME ; Productivity Drivers
    Abstract: Like many other countries, Kazakhstan's economic growth has slowed since the 2007-09 global financial crisis. Although the slowdown reflected weaknesses in expanding labor and capital, the most striking reduction has been in productivity growth. In more recent years, total factor productivity growth has started to bounce back, albeit at a modest pace, possibly driven by the recovery in commodity prices. Although slower expansion in productivity has been a global phenomenon, Kazakhstan's subdued productivity performance for a decade reflects more structural problems. Against this backdrop, Boosting Productivity in Kazakhstan with Micro-Level Tools: Analysis and Policy Lessons examines barriers and policy gaps that hinder productivity growth in Kazakhstan. The detailed analysis is uniquely based on first-time access to administrative firm-level data; the data for the period of 2009-18 covered 70,000 business establishments annually, corresponding to total employment of 1.6 million people. The unprecedented access to firm-level data deepened the understanding of the microeconomic dynamics and drivers of aggregate productivity growth and enabled identification of a wide-ranging set of policy recommendations to boost aggregate productivity growth
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  • 13
    Language: English
    Pages: 1 Online-Ressource (43 pages)
    Parallel Title: Erscheint auch als Pecorari, Natalia Citizen Participation and Political Trust in Latin America and the Caribbean: A Machine Learning Approach
    Keywords: Citizen Participation ; Deliberative Democracy ; Democratic Government ; Governance ; Machine Learning ; Political Trust ; Stealth Democracy ; Trust in Government
    Abstract: This paper advances the understanding of the linkages between trust in government and citizen participation in Latin America and the Caribbean, using machine learning techniques and Latinobarometro 2020 data. Proponents of the concept of stealth democracy argue that an inverse relationship exists between political trust and citizen participation, while deliberative democracy theorists claim the opposite. The paper estimates that trust in national governments or other governmental institutions plays neither a dominant nor consistent role in driving political participation. Instead, interest in politics, personal circumstances such as experience of crime and discrimination, and socioeconomic aspects appear to drive citizen participation much more strongly in the Latin America and the Caribbean region. This is true across models imposing simple linear trends (logit and lasso) and others allowing for nonlinear and complex relations (decision trees). The results vary across the type of participation-signing a petition, participation in demonstrations, or involvement in a community issue-which the paper attributes to increasing net costs associated with participation
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  • 14
    Language: English
    Pages: 1 Online-Ressource (70 pages)
    Parallel Title: Erscheint auch als Schimanski, Caroline Poorer than Adults and Deprived in Almost All Counts: Welfare Status of Children in Nigeria
    Keywords: Child Poverty ; Chronic Poverty ; Deprivation ; Deprivation Gender Gap ; Equity and Development ; Intergenerational Mobility ; Monetary Poverty ; Multi-Dimensional Poverty ; Poverty Reduction
    Abstract: Analyzing data from four waves of the Nigerian General Household Survey and the Nigerian Multiple Indicator Cluster Survey, covering the period from 2010 through 2019, this study provides evidence that poverty levels of children exceed those of adults. Overall, rural children throughout the country and children in the North face higher poverty and chronic poverty rates than urban children and those living in the South without clear trends of a closing of those gaps. These findings hold for monetary poverty as well as, for severe health, education, food, shelter, water, information deprivation and improved sanitation deprivation across Nigeria's six regions. One exception is severe sanitation deprivation, for which especially rural areas in the Southwest stand out with higher levels of severe sanitation deprivation than in rural areas in the north and any other region. Large inter-state heterogeneity of estimates within regions, ranging up to 50 percentage points, for all except severe food deprivation however highlight the importance of looking beyond regional poverty estimates and regional differences. Only state specific, but no systematic evidence has been found for a gender difference in severe educational deprivation and school enrollment rates. Existing gender gaps though seem negligible compared to the overall level of deprivation and urban-rural and north-south gaps. Moreover, the parents' literacy and more so the educational level is highly correlated with the probability of being poor or deprived in any dimension, in particular in rural and northern areas. Interestingly, up to about half of the monetary non-poor children at the top of the consumption distribution still face at least one severe deprivation
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  • 15
    Language: English
    Pages: 1 Online-Ressource (50 pages)
    Parallel Title: Erscheint auch als Vazquez, Emmanuel Trade and Local Labor Market Outcomes in Mexico: Disentangling the Channels and the Role of Geography, Sectors, and Trade Types
    Keywords: Connectivity ; Education Spending ; Employment ; Exports ; Global Value Chains ; Imports ; Informality ; International Economics and Trade ; International Trade ; Labor Market ; Local Impacts ; Migration ; Trade and Labor
    Abstract: This study provides new evidence on the local labor market impacts of trade, differentiating between the employment, income, migration, and informality channels. It uses a unique dataset matching information on exports and imports from customs with indicators on employment and labor incomes for around 2,000 Mexican municipalities over 2004-14. The analysis uses an instrumental variable approach that combines the initial structure of trade across municipalities with global trends in trade between low- and middle-income countries (excluding Mexico) and the United States by sector. First, the study finds that expanding exports per worker in Mexico's municipalities increased labor force participation but not employment rates. Exports also raised total labor incomes but not average labor incomes, implying a growing labor supply. The results also find that export and import expansion increased immigration and lowered the rate of informal workers. Second, the analysis examines differences by geography and sectors. It finds that trade affected labor markets in the North through the income and migration channels and in the South through the employment and informality channels. Exports benefitted the total incomes of workers in both the manufacturing and service sectors but reduced informality only in manufacturing. Third, the study suggests a more favorable role of intermediate relative to final imports, driven by manufacturing imports. It also finds evidence for positive spillovers from global value chain participation through the employment and income channels. Finally, it examines how local policy mediates the labor market effects from trade, focusing on connectivity, labor market flexibility, and education spending
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  • 16
    Language: English
    Pages: 1 Online-Ressource (44 pages)
    Parallel Title: Erscheint auch als Levelu, Anthonin Deep Trade Agreements and International Migration: The Role of Visa Provisions
    Keywords: Bilateral Migration Stock ; Communities and Human Settlements ; Deep Trade Agreements ; Immigration ; International Economics and Trade ; International Migration ; Migration Policy ; Public Administration ; Regional Trade Agreement ; Visa Cost
    Abstract: An increasing number of regional trade agreements contains provisions that ease access to visas among member countries, which reduces the administrative cost of crossing the border. Combining United Nations data on bilateral stocks of immigrants in the period 1990-2020 with World Bank data on the content of 279 regional trade agreements, this paper presents robust evidence of a positive effect of visa provisions in regional trade agreements on bilateral migration: the presence of visa provisions in regional trade agreements increases the bilateral stock of immigrants by 5.9 percent. This result is robust to an instrumental variable strategy addressing the endogeneity problem. The effect of the inclusion of visa provisions in regional trade agreements is particularly effective among country pairs with different income levels (such as North-South). For this type of country pairs, the presence of visa provisions in regional trade agreements increases the bilateral stock of immigrants by 13 percent. Finally, the paper shows that the effectiveness of visa provisions in regional trade agreements reduces with the anti-immigration sentiment of voters in the destination
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  • 17
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (24 pages)
    Parallel Title: Erscheint auch als Egger, Peter H Deep Trade Agreements and Firm Ownership in GVCs
    Keywords: Foreign Direct Investment ; Foreign Ownership ; International Economics and Trade ; International Investment ; Preferential Trade Agreement (PTA) ; PTA Depth
    Abstract: This paper focuses on the effect of preferential trade agreements and their depth on firm ownership, in particular, along global value chains. It measures shareholder-affiliate ownership links at the country-sector-pair level to discern between vertical and horizontal links. The findings show that preferential trade agreements boost vertical international investment links (both backward and forward) while reducing horizontal investment. Deep preferential trade agreements stimulate investment particularly for sector pairs, where a high input specificity prevails
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  • 18
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (27 pages)
    Parallel Title: Erscheint auch als Angrist, Noam Human Capital and Climate Change
    Keywords: Bildung ; Klimawandel ; Humankapital ; Wirkungsanalyse ; Verbrauchereinstellung ; Politische Einstellung ; Wahlverhalten ; Umweltökonomik ; EU-Staaten ; Climate Change ; Compulsory Education Laws ; Compulsory Schooling ; Curriculum and Instruction ; Education ; Environmental Curriculum ; Human Capital ; Voting
    Abstract: Addressing climate change requires individual behavior change and voter support for pro-climate policies, yet surprisingly little is known about how to achieve these outcomes. This paper estimates causal effects of additional education on pro-climate outcomes using new compulsory schooling law data across 16 European countries. It analyzes effects on pro-climate beliefs, behaviors, policy preferences, and novel data on voting for green parties-a particularly consequential outcome to combat climate change. Results show a year of education increases pro-climate beliefs, behaviors, most policy preferences, and green voting, with voting gains equivalent to a substantial 35% increase
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  • 19
    Language: English
    Pages: 1 Online-Ressource (58 pages)
    Parallel Title: Erscheint auch als Das, Jishnu The Prices in the Crises: What we are Learning from Twenty Years of Health Insurance in Low- and Middle-Income Countries
    Keywords: Gesundheitspolitik ; Krankenversicherung ; Gesetzliche Krankenversicherung ; Gesundheitsreform ; Gesundheitswesen ; Gesundheitsversorgung ; Gesundheitskosten ; Gesundheitsfinanzierung ; Adverse Selektion ; Entwicklungsländer ; Adverse Selection ; Health Care Provider Behavior ; Health Care Quality ; Health Insurance ; Health Insurance Utilization ; Health Ministries ; Health Policy and Management ; Health, Nutrition and Population ; Medical Insurance Premiums ; Moral Hazard
    Abstract: Governments in many low- and middle-income countries are developing health insurance products as a complement to tax-funded, subsidized provision of health care through publicly operated facilities. This paper discusses two rationales for this transition. First, health insurance would boost fiscal revenues for health care, as post-treatment out-of-pocket payments to providers would be replaced by pre-treatment insurance premia to health ministries. Second, increased patient choice and carefully designed physician reimbursements would increase quality in the health care sector. This essay shows that, at best, these objectives have only been partially met. Despite evidence that health insurance has provided financial protection, consumers are not willing to pay for unsubsidized premia. Health outcomes have not improved despite an increase in utilization. The authors argue that this is not because there was no room to improve the quality of care but because behavioral responses among health care providers have systematically undermined the objectives of these insurance schemes
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  • 20
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (47 pages)
    Parallel Title: Erscheint auch als Jaud, Melise Stock Market Liberalizations and Export Dynamics
    Keywords: Disciplining Role of Foreign Investors ; Export Competitiveness ; Export Dynamics ; Export Efficiency ; Export Performance ; Financial Liberalization and Structural Change ; Foreign Investment In Exports ; International Economics and Trade
    Abstract: Foreign investors facilitate efficiency-enhancing structural change in the recipient countries. After countries liberalize their stock markets and allow foreign investors to acquire equity stakes in domestic firms, products that do not correspond to the liberalizing countries' comparative advantage disappear disproportionately faster from their export portfolios. At the same time, the overall long-term export performance of the liberalizing countries improves. Domestic stock market development does not have the same disciplining effect in terminating inefficient exports. Foreign investors thus play a unique role in improving resource allocation in the real economy
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  • 21
    Language: English
    Pages: 1 Online-Ressource (36 pages)
    Parallel Title: Erscheint auch als Viollaz, Mariana From Middle Class to Poverty: The Unequal Impacts of the COVID-19 Pandemic on Developing Countries
    Keywords: COVID-19 Job Loss ; Distributional Impact ; Economic Insecurity ; Economic Shocks ; Household Economic Welfare ; Household Poverty ; Labor Market ; Macroeconomics and Economic Growth ; Microsimulation
    Abstract: This study combines pre-COVID-19 household surveys with 2020 macro data to simulate changes in household economic welfare and poverty rates through job losses, labor income changes, and non-labor (remittance) income changes during 2020 in Brazil, Sri Lanka, the Philippines, South Africa, and Turkiye. It first presents an in-depth analysis of employment elasticities projections-a critical input in microsimulations-for 15 developing countries. In 11 of the 15 countries, employment estimates for 2020 based on elasticities were within 5 percent of the actual employment level, but in four countries, where the labor markets were more disrupted by the pandemic, the projections considerably underestimated job losses due to the crisis. The study then presents the simulation results for the five countries, which show declines in per capita household income or consumption across the distribution, a decline in the middle class, and increased poverty, but no other clear pattern of impacts across the different quintiles. Finally, data from Brazil indicate that the simulation underestimated the magnitude of the shock throughout the distribution, especially for the wealthy, because it underestimated declines in earnings
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  • 22
    Language: English
    Pages: 1 Online-Ressource (48 pages)
    Parallel Title: Erscheint auch als Behr, Daniela M Estimating House Prices in Emerging Markets and Developing Economies: A Big Data Approach
    Keywords: Emerging Market Housing Prices ; Inflation ; Machine Learning ; Macroeconomics and Economic Growth ; Random Forest ; Real Estate Data Collection ; Residential Real Estate Comparison ; Web Scraping Data
    Abstract: Despite the relevance of house prices for a variety of stakeholders as well as for macroeconomic and monetary policy making, reliable, publicly available house price data are largely absent in emerging markets and developing economies. Filling this void, this paper presents a systematic approach to collecting, analyzing, and assessing private property prices in emerging markets and developing economies. The paper uses data scraped from five countries' largest real estate websites where private properties are listed for sale, to obtain price data and property attributes to establish a comprehensive data set that allows for both intra- and inter-country comparison of residential property prices. It then outlines the usability of these data by employing random forest estimation to predict the price of a standard housing unit-the basic house price-that is comparable across countries. While this approach is also applicable to filling wide data gaps in the provision of private property prices in developed economies, the paper focuses on how this approach can be applied to emerging markets and developing economies, where private property price data are particularly scarce
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  • 23
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (27 pages)
    Parallel Title: Erscheint auch als Milivojevic, Lazar Natural Disasters and Fiscal Drought
    Keywords: Agricultural Impact ; Agriculture ; Climate Change ; Climate-Fiscal Nexus ; Fiscal Sustainability ; Macroeconomics and Economic Growth ; Natural Disasters ; Structural Resilience
    Abstract: This paper examines to what extent slowdowns in economic growth after natural disasters are accompanied by widening fiscal deficits and corresponding pressures on public debt. Empirical analysis based on exogenous measures of physical disaster intensity shows that natural disasters lead not only to output losses but also to further deterioration of countries' fiscal positions. The effects are persistent and driven by developments in emerging markets and developing economies. A dynamic stochastic general equilibrium model is used to show the propagation mechanism of an extreme event that affects agricultural productivity. The model features farmers endowed with land with time-varying productivity subject to economic and weather conditions. Simulation results illustrate the climate-fiscal nexus existence and highlight the role of structural resilience in limiting the impact of natural disasters
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  • 24
    Language: English
    Pages: 1 Online-Ressource (41 pages)
    Parallel Title: Erscheint auch als Dasgupta, Susmita Scalable Tracking of CO2 Emissions: A Global Analysis with Satellite Data
    Keywords: Air Quality and Clean Air ; Co2 Emissions ; Environment ; Local and Regional Co2 Tracking ; OCO-2 ; Satellite-Based Carbon Dioxide Measurement ; Urban Emissions Tracking ; Urban Pollution
    Abstract: This paper extends recent research on satellite-based carbon dioxide measurement to an easily updated template for tracking changes in carbon dioxide concentrations at local and regional scales. Using data from the National Aeronautics and Space Administration's Orbiting Carbon Observatory-2 satellite platform and a large sample of urban areas, a comparison of trend estimation models suggests that the template can use a simple model that estimates trends directly from satellite data pre-filtered to isolate local concentration anomalies. Illustrative applications are developed for a long-period trend model and a short-period model focused on change in the most recent year. In addition, the paper estimates carbon dioxide emissions for thousands of urban areas and identifies cities whose emissions performance is above or below expectation. Although the tracking model is "simple," it requires software and hardware that are beyond the means of many interested stakeholders. For this reason, the World Bank's Development Economics Vice Presidency has established an open web facility that pre-filters data from the National Aeronautics and Space Administration's Orbiting Carbon Observatory-2satellite and publishes monthly mean concentration anomalies for all terrestrial cells of a 25-kilometer global grid. The website will also publish annual carbon dioxide tracking reports for urban areas and provide information that links the 25-kilometer global grid cell IDs to IDs for urban areas and national administrative units (levels 0, 1, and 2)
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  • 25
    Language: English
    Pages: 1 Online-Ressource (28 pages)
    Parallel Title: Erscheint auch als Liotta, Charlotte Efficiency and Equity in Urban Flood Management Policies: A Systematic Urban Economics Exploration
    Keywords: Climate Change ; Climate Change Impacts ; Communities and Human Settlements ; Disaster Risk Management ; Environment ; Flood Control ; Hazard Risk Management ; Inequality ; Land Use Zoning ; Municipal and Civil Engineering ; Risk-Based Insurance ; Subsidized Insurance ; Urban Development ; Urban Economics ; Urban Floods ; Urban Housing and Land Settlements ; Urban Poverty ; Welfare
    Abstract: Flood exposure is likely to increase in the future as a direct consequence of more frequent and more intense flooding and the growth of populations and economic assets in flood-prone areas. Low-income households, which are more likely to be located in high-risk zones, will be particularly affected. This paper assesses the welfare and equity impacts of three flood management policies-risk-based insurance, zoning, and subsidized insurance-using an urban economics framework with two income groups and three potential flood locations. The paper shows that in a first-best setting, risk-based insurance maximizes social welfare. However, depending on flood characteristics, implementing a zoning policy or subsidized insurance is close to optimal and can be more feasible. Subsidizing insurance reduces upward pressure on housing rents but increases flood damage, and is recommended for rare floods occurring in a large part of a city. Zoning policies have the opposite effect, avoiding damage but increasing housing rents, and are recommended for frequent floods in small areas. The social welfare impact of choosing the wrong flood management policy depends on the location of floods relative to employment centers, with flooding close to employment centers being particularly harmful. Implementing flood management policies redistributes flood costs between high- and low-income households through land markets, irrespective of who is directly affected. As such, they are progressive in terms of equity, compared to a laissez-faire scenario with myopic anticipations, in the more common scenario where poorer populations are more exposed to urban floods. But their impacts on inequality depend on flood locations and urban configuration. For instance, in a city where floods are centrally located and low-income households live in the city center, subsidized insurance would mitigate a surge in inequality, whereas a zoning policy could substantially increase inequalities
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  • 26
    Language: English
    Pages: 1 Online-Ressource (50 pages)
    Parallel Title: Erscheint auch als Awasthi, Rajul Gender-Based Discounts on Taxes Related to Property: Role in Encouraging Female Ownership - a Case Study of Indian States and Cities
    Keywords: Female Land Ownership ; Gender ; Gender and Law ; Gender and Social Policy ; Gender Bias ; Gender-Based Discount ; Governance ; Law and Development ; Local Government ; Online Payment System ; Property Ownership Rights ; Property Tax ; Tax Law ; Tax Revenue ; Urban Immovable Property Tax
    Abstract: In India, state and city governments are making a simultaneous push to increase revenues through property-related taxes and to offer tax incentives to female property owners. This dual policy approach creates an opportunity to study the impact of gender-based tax incentives on property ownership patterns and tax compliance. This paper investigates linkages between gender-based discounts on taxes related to property (stamp duties and property taxes), female property ownership, and revenues from taxes related to property. The methodology designed for this paper deploys researchers to collect insights through focus group discussions with male and female property owners and taxpayers and to conduct one-to-one interviews with government officials in state and urban local body revenue and land administration departments. The study's most important finding is that incentives related to property taxes and involving economically significant amounts, such as the stamp duty, encourage female property ownership. It is notable, however, that property ownership does not always translate into a greater role for females in the control and management of the property. Other factors - such as concessions in loan terms offered to females buying properties in their own names or through joint ownership, security of inheritance, and equal property ownership rights for females - can also positively contribute to encouraging female property ownership
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  • 27
    Language: English
    Pages: 1 Online-Ressource (38 pages)
    Parallel Title: Erscheint auch als Pfutze, Tobias Do Cash Transfer Programs Protect from Poverty in the Case of Aggregate Shocks? A Study on Typhoon Yolanda in the Philippines
    Keywords: Aggregate Shock ; Cash Transfer Program ; Environment ; Extreme Poverty Prevention ; Natural Disasters ; Philippines Conditional Cash Transfer Program ; Poverty ; Poverty Impact Evaluation ; Poverty Reduction ; Typhoon Yolanda
    Abstract: Cash transfer programs are regarded as providing effective protection against poverty and household-specific negative income shocks. Little research has been done on their performance in situations of aggregate negative shocks. This paper assesses the performance of the Philippines' Conditional Cash Transfer Program in the aftermath of typhoon Yolanda in 2013. Using triple difference techniques, it finds that the program effectively protected households affected by the storm from falling into extreme poverty. It had the largest effect on nonfood consumption
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  • 28
    Language: English
    Pages: 1 Online-Ressource (50 pages)
    Parallel Title: Erscheint auch als Atiyas, Izak Digital Technology uses among Microenterprises: Why is Productive use so Low across Sub-Saharan Africa?
    Keywords: Digital Divide ; Digital Technologies ; Gender ; Gender and Economic Policy ; ICT Business Linkages ; ICT Economics ; Inclusion ; Information and Communication Technologies ; Internet ; Jobs ; Microenterprise ICT ; Microenterprises ; Private Sector Development ; Productivity ; Smartphone ; Technology Use Gender Gap
    Abstract: This paper explores the use of digital technologies, their association with performance outcomes, and the main constraints to greater use among microenterprises. The study uses a sample of more than 3,300 firms across seven Sub-Saharan African countries, of which over 70 percent are informal and over half are self-employed enterprises with no full-time workers. The analysis finds that productive use of digital technologies is low: less than 7 percent of firms use a smartphone, less than 6 percent use a computer, and roughly 20 percent still do not use a mobile phone. Even fewer firms use digital tools enabled by these access technologies: among firms with smartphones, less than half use the internet to find suppliers, and only half with a computer use accounting software or inventory control/point-of-sale software. Women are less likely to use all digital technologies than men. A greater range of uses based on internet-enabled computers or smartphones relative to uses based on 2G phones are conditionally associated with higher job levels. However, there may be a tension between higher productivity and more jobs: the highest productivity firms are not generators of the highest jobs, and vice versa. That formal high-sales and high-jobs firms are more strongly associated with the use of internet-enabled tools than high-productivity firms suggests that relaxing constraints preventing the latter from using more such digital tools and expanding sales and jobs could be important. Among these constraints, more than seven in ten non-users indicate that lack of attractiveness ("no need") is the main impediment to productive use of digital technologies. The most important conditional correlates of smartphone and computer adoption are related to having a loan, having electricity, having business linkages with large firms as customers, and managers having vocational training
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  • 29
    Language: English
    Pages: 1 Online-Ressource (30 pages)
    Parallel Title: Erscheint auch als Steenbergen, Victor What Makes an Investment Promotion Agency Effective? Findings from a Structural Gravity Model
    Keywords: Economic Theory and Research ; Foreign Direct Investment ; Foreign Trade Promotion and Regulation ; Gravity Model ; International Economics and Trade ; Investment and Investment Climate ; Investment Promotion ; Macroeconomics and Economic Growth ; Sectoral Foreign Investment Data
    Abstract: Although many countries have established investment promotion agencies over the past two decades, there is little evidence on what characteristics make them effective in attracting foreign direct investment into their home country. To provide new insight into this question, this paper brings together sectoral foreign direct investment data with survey data on investment promotion agency characteristics. Using a structural gravity model framework, it explores the effect of investment promotion agencies' sectoral targeting on inward foreign direct investment stocks over 2013 to 2018, across a sample of 36 middle- and high-income countries. The study finds that investment promotion agency sectoral targeting provides a significant positive effect on the sector's foreign direct investment stock in that country. Yet, a gravity model with country-interaction effects suggests that not all countries are equally effective at promoting investment. The results from the model are used to define two groups: high-performing investment promotion agencies (those with positive, significant effects in attracting foreign direct investment) and other investment promotion agencies (those with insignificant or negative significant effects). Using t-tests, the study considers which investment promotion agency characteristics significantly differ between the two groups. The findings suggest that effective investment promotion agencies are more likely to be private or semi-private agencies. Their mandate tends to be focused narrowly on foreign investment and exclude responsibilities for domestic investment promotion. Such investment promotion agencies are more likely to have a board of directors, and their staff tends to be better compensated. Finally, high-performing investment promotion agencies tend to provide more investor services, partly by engaging smart, sectoral analytics and adopting systems for identifying investor complaints or disputes
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  • 30
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Concessional Resources ; Debt Distress ; Debt Markets ; Debt Sustainability ; Debt Transparency ; Economic Forecasting ; External Debt ; Finance and Financial Sector Development ; Global Growth Outlook ; Governance Standards ; International Economics and Trade ; Investment and Investment Climate ; Investment Climate ; Macroeconomics and Economic Growth
    Abstract: These remarks were delivered by the World Bank Group President David Malpass during the Launch of the January 2023 Global Economic Prospects Report on January 10, 2023. He addressed the following topics: global growth outlook; rising levels of debt distress and possible directions to achieve debt transparency and sustainability; the need for greatly expanded resources for developing countries, including deeply concessional resources; and attractive investment climate and governance standards
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  • 31
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Foreign Trade, FDI, and Capital Flows Study
    Keywords: Data Usage ; Dataset ; International Economics and Trade ; International Trade and Trade Rules ; Non-Tariff Measures ; NTMS ; Trade Policy
    Abstract: As import tariffs have been declining over the past decades, non-tariff measures (NTMs) have become the most frequently used measures in trade policy. The increasing use of NTMs in global trade has highlighted the need for timely, high frequency and accurate data in order to better understand the implications that NTMs have on products, firms and the economy. This manual describes the first high-frequency panel dataset built by the World Bank on the universe of NTMs applied by a country, id est Indonesia. The manual includes a comprehensive overview of the purpose, building procedures and usage of the data for Indonesia. The dataset expands on and improves on existing data on Indonesian NTMs collected by other institutions (UNCTAD and ERIA) by covering a broader source base, customizing the data, and by increasing the frequency of updates. By documenting the data collection and transformation process, the manual hopes to facilitate the construction of similar datasets in other countries
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  • 32
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Financial Sector Study
    Keywords: Adaptation to Climate Change ; Climate Change ; COVID-19 ; Environment ; Finance and Development ; Finance and Financial Sector Development ; Financial Systems ; Transition ; Vulnerabilities
    Abstract: This report provides an assessment of the stability of the financial systems of selected Pacific Island Countries (PICs) in the context of COVID-19 and emerging risks. The report brings together an analysis of information provided by the central banks of the PICs covered by this study over the last two years. The purpose of the study is to assess the financial stability and vulnerabilities and to provide technical guidance to the PIC authorities to assist in their financial sector policy response. Chapter 1 presents an overview of the financial systems of the PICs. Chapter 2 presents an analysis of the impacts of COVID-19 on the financial systems of the PCIs and the policy responses to the pandemic. Chapter 3 looks at the challenges of transitioning from the pandemic to normal policy settings. Chapter 4 provides a set of bespoke policy recommendations with the aim of enhancing the ability to deal with financial sector risks and vulnerabilities. Finally, Chapter 5 puts forward recommendations for the assessment of climate and environmental related risks on the PICs. The report finds that the pandemic has negatively impacted economic growth in the PICs, challenging financial stability. Due to various relief measures adopted by governments in the region, and the lagged economic impact of the pandemic, the PICs' financial sectors do not yet fully reflect the risks to bank profitability and asset quality, which could materialize over 2022-23. Response and
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  • 33
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank Group Gender Thematic Policy Notes Series
    Keywords: Climate Action ; Financing ; Gender ; Gender and Development ; Gender and Economics ; Gender and Environment ; Gender Equality ; Gender Gaps ; Gender Monitoring and Evaluation ; Policies and Regulations ; Social Aspects of Climate Change ; Social Development
    Abstract: Women and disadvantaged groups tend to be more affected by climate change across various dimensions, including health, livelihoods, and agency. Gender gaps are increasingly seen as barriers to effective mitigation and adaptation strategies. Women are also critical leaders and participants of low-carbon transitions. This policy note investigates how gender equality and climate change intersect; explores programmatic experience on the gender-climate nexus; identifies promising entry points and solutions; and offers recommendations for development practitioners, policymakers, and businesses
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  • 34
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Gender Innovation Lab Federation Causal Evidence Series
    Keywords: Education ; Gender ; Gender and Development ; Gender and Education ; Gender Gap ; Gender Monitoring and Evaluation ; Improvement ; Training
    Abstract: Significant progress has been made in closing gender gaps in primary and secondary enrollment rates worldwide. However, girls still have lower expected years of schooling than boys in some regions, particularly in Sub-Saharan Africa, and boys have worse educational outcomes than girls in other countries, most notably in Latin America and the Caribbean. Barriers to the continuation of schooling for girls are linked to child marriage, early pregnancies, sexual harassment, and social norms around girls' education. The COVID-19 pandemic has also impacted schooling of both girls and boys. The transition to remote learning hurt girls who often have fewer technical skills and less access to the internet than boys.3 In other cases, boys had higher economic opportunities than girls and were more likely to drop out from school in response to the economic stress generated by the pandemic.4 The GIL Federation is generating rigorous evidence around the world to understand what works, and what does not, in narrowing gender gaps in education. This note presents evidence on three key findings
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  • 35
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Gender Innovation Lab Federation Causal Evidence Series
    Keywords: Adolescent Girls ; Education ; Gender ; Gender and Education ; Gender and Social Policy ; Gender Monitoring and Evaluation ; Girls Empowerment ; Life Skills
    Abstract: Adolescent girls face multiple challenges that restrict their horizons. They have to make decisions about employment and fertility at an early age with limited access to formal education and under restrictive social norms. Domestic responsibilities limit their time in school and educational achievement, in turn curtailing their ability to enter the labor force. The GIL Federation is generating rigorous evidence on what works, and what does not, in empowering adolescent girls. This note presents evidence on five key findings
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  • 36
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Cash Transfers ; COVID-19 ; Labor Market ; Pensions ; Pensions and Retirement Systems ; Poverty ; Social Analysis ; Social Assessment ; Social Development ; Social Funds ; Social Protection System ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: A period of economic growth over the past decade led to a reduction in poverty and improvements in labor market outcomes in Montenegro. Substantial challenges remain, which have been aggravated by the COVID-19 pandemic, drawing attention to the role that social protection plays in reducing poverty and promoting human capital. This note presents a situational analysis of the social protection system in Montenegro. It assesses the extent to which the social protection system in Montenegro fulfils its purpose and proposes areas for reform in the short, medium, and long term. To this end, this note seeks to assess each category of social protection, namely: social assistance, social services, social insurance (specifically pensions) and labor market programs, in terms of program coverage, equity, sustainability and effectiveness
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  • 37
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Investment Climate Assessment
    Keywords: Digital Sector ; Domestic ; Foreign Direct Investment ; Governance ; International ; International Economics and Trade ; Legal Instruments
    Abstract: This Investment Policy and Regulatory Review (IPRR) presents information on the legal and regulatory frameworks governing foreign direct investment (FDI) in Nigeria. Since legal and regulatory frameworks are constantly evolving, a cut-off date was set for the research. This country review therefore covers information available as of December 31, 2021, unless otherwise indicated in the review. This IPRR is organized as follows: Section 2 provides an overview of the country's investment policy framework, including the legal instruments regulating foreign investment, key institutions involved in investment promotion, as well as the country's foreign investment promotion strategy; it also delineates the country's international investment legal framework, including the country's commitments under the World Trade Organization (WTO) and select international investment agreements (IIAs); Sections 3-6 cover the country's policies and domestic legal framework concerning different dimensions of the lifecycle of an investment: entry and establishment (Section 3), protection (4), incentives (5) and linkages (6); Sections 7-8 explore emerging investment policy and regulatory areas - Section 7 considers outward FDI and Section 8 responsible investment; Section 9 focuses on city-specific investment policy and regulatory measures in the largest commercial center; and Section 10 covers FDI in the digital economy
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  • 38
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Health Study
    Keywords: Disease Control and Prevention ; Financing ; Global Activity ; Health Economics and Finance ; Health Monitoring and Evaluation ; Health Policy and Management ; Health, Nutrition and Population ; PPR ; Preparedness ; Prevention
    Abstract: This paper has outlined an ambitious agenda for the WBG to support PPR enhancement at country, regional, and global levels as part of a broader approach to strengthen health systems. It is an agenda that not only seeks to deliver on the Bank's IDA commitments related to disease outbreaks and crisis response but also to respond to demands from all our shareholders, clients, and other stakeholders for the Bank to play a key role in strengthening PPR capacities at country and regional levels through a wider health system strengthening agenda. Policy commitments from IDA's Human capital special themes support the building of resilient health systems that can provide core essential health services and have the capacity to prevent, detect, and respond to disease outbreaks and other health emergencies an approach that will ensure sustainability, efficiency, and effectiveness. The paper has highlighted that PPR is an inherently multisectoral agenda. Further, the paper has argued that there are large financing gaps to fill, particularly in LICs and MICs. Looking forward, the WBG will support strengthening of PPR through actions in three interconnected domains: 1) financing; 2) global engagements and partnerships; and 3) analytics, evidence, and dialogue
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  • 39
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Economic Forecasting ; Economic Growth ; Economic Insecurity ; Hydrocarbon Revenues ; Inflation ; Macroeconomics and Economic Growth ; Non-Hydrocarbon ; Private Sector ; Resilience
    Abstract: The recovery continued in the first semester of 2022, supported by nonhydrocarbon activity and crude oil production. The continuing high level of global hydrocarbon prices prolonged the upturn of external balances. The budget deficit is expected to narrow moderately in 2022, as the strong increase in public expenditure compensates for most of the increase in revenues. The economic recovery should continue in 2023, supported by the nonhydrocarbon sector and public expenditure growth. The main risks to the macroeconomic outlook arise from fluctuations in global hydrocarbon prices, underscoring the importance of the Government's current reform program
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  • 40
    Language: English
    Pages: 1 Online-Ressource (46 pages)
    Parallel Title: Erscheint auch als Allemand, Mathias Conscientiousness and Labor Market Returns: Evidence from a Field Experiment in West Africa
    Keywords: Attitudes Towards Work ; Conscientiousness ; Labor Markets ; Non-Cognitive Skills ; Skills Training ; Social Protections and Labor ; Soft Skills Training
    Abstract: Non-cognitive skills are increasingly recognized as important determinants of labor market outcomes. To what extent specific skills can be affected in adulthood remains an open question. This study conducted a randomized controlled trial with low-skilled employed workers in Senegal, where workers were randomly assigned to receive a training intervention designed to affect conscientiousness-related skills. The findings show that treated workers were significantly more likely to stay in their job and have higher wages nine months after the intervention. The findings suggest that non-cognitive skills can be affected even later in the life cycle and can have substantial labor market returns
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  • 41
    Language: English
    Pages: 1 Online-Ressource (104 pages)
    Parallel Title: Erscheint auch als Amin, Mohammad The Impact of Ethnic Fractionalization on Labor Productivity: Does Firm Size Matter?
    Keywords: Ethnic Fractionalization ; Firm Size and Labor Productivity ; Growth ; Labor Productivity ; Large Firm Workers ; Manufacturing Productivity ; Social Protections and Labor
    Abstract: Ethnic fractionalization has both positive and negative consequences. It is contended that the positive effects due to skill complementarity in the production process apply to large firms that have more complex and diversified production structures. Because small businesses rely more on public goods and have less access to institutions, the negative effects of lower quality public goods and higher transaction costs have a greater impact on them. Consistent with this viewpoint, it is found that a larger firm size significantly mitigates the negative impact of higher ethnic fractionalization on the level and growth rate of labor productivity in manufacturing firms across 84 developing countries. There is no robust and significant impact of ethnic fractionalization on large firms for the main and most of the other firm size categorizations considered. The results are confirmed by the instrumental variables estimation method, which uses the duration of early human settlement in each country to instrument ethnic fractionalization. Evidence is provided on the potential mechanisms by which ethnic fractionalization affects small versus large firms. The findings have significant policy implications, which are discussed in detail
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  • 42
    Language: English
    Pages: 1 Online-Ressource (29 pages)
    Parallel Title: Erscheint auch als Depetris-Chauvin, Emilio Institutional Trust, Perceptions of Distributive Unfairness, and Income across Salvadoran Municipalities
    Keywords: Attitude Towards Institutions ; Distributive Unfairness ; Governance ; Income and Government Satisfaction ; Income Inequality ; Macroeconomics and Economic Growth ; Preference for Democracy ; Trust
    Abstract: Using multiple waves of two public opinion surveys and a two-way fixed effect model, this paper analyzes how people's perceptions and attitudes towards public institutions shifted with the business cycle in El Salvador during 2004-2018. It finds that individuals' levels of trust toward both the president and the municipal government are positively associated with higher levels of income at the municipality level. Income is also a strong predictor of trust in mass media, confidence in the judicial system and, to a lesser extent, trust in the national legislature but income does not affect trust in the Catholic Church. The relationship between income and trust toward the president and municipalities masks a relevant heterogeneity from a rural-urban divide as well as from differences in municipal state capacity. Further, views of income distribution fairness as well as preferences for democracy are positively shaped by municipality-specific business cycles. In contrast, neither generalized trust nor satisfaction with democracy is empirically associated with income at the municipality level
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  • 43
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (50 pages)
    Parallel Title: Erscheint auch als Ghose, Devaki Offshoring Response to High-Skilled Immigration: A Firm-Level Analysis
    Keywords: EU Labor Law ; EU Labor Policy ; Globalization ; Globalized Labor Market ; Immigration ; International Economics and Trade ; Offshoring ; Private Sector Development ; Skilled Short-Stay Immigrants
    Abstract: Using a policy change in the Netherlands in 2012 that made it easier and less costly for firms to employ high-skilled short-stay non-European Union workers and a matched employer-employee data, this paper shows that firms in high-skill industries respond by both employing a higher share of non-European Union immigrants and increasing the total amount of offshoring to non-European Union countries. With reduced costs of hiring short-stay non-European Union workers, small firms hire and fire more non-European Union workers in a given year. Many of these workers return to their home countries, establishing direct connections that boost offshoring to firms in the Netherlands. By contrast, large firms absorb some of the workers leaving the small firms. These workers also establish connections between their host and origin countries, boosting offshoring
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  • 44
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (100 pages)
    Parallel Title: Erscheint auch als Uckat, Hannah Leaning in at Home: Women's Promotions and Intra-Household Bargaining in Bangladesh
    Keywords: Decision Making and Poverty ; Female Managers ; Female Role Models ; Gender ; Gender and Economic Empowerment ; Poverty Reduction ; Textile Industry Jobs ; Womens Agency ; Womens Career Impact
    Abstract: It is established that entering employment improves a woman's bargaining position in the household. This paper investigates whether a woman's career advancement further improves her intra-household bargaining power. The analysis exploits quasi-random participation in a career promotion program in Bangladesh's garment industry to causally estimate the impact of women's promotion on household decision-making. The findings show that women who participate in the promotion program gain bargaining power as measured by higher expenditures on women (51%) and girls (74%), and on remittances (58%). The promotion-related income effect only partially explains these increases, suggesting that women gain more agency over household income more generally. Further, these new female managers now serve as role models to their staff. The paper finds that the direct effects spill over to women who are quasi-randomly exposed to the new female managers, who also report more say in household decisions. Complementarities between women's positions in the workplace and in the household appear important
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  • 45
    Language: English
    Pages: 1 Online-Ressource (34 pages)
    Parallel Title: Erscheint auch als He, Yiming Synthesis of the Impacts of Covid-19 on India's Labor Market: Looking at People, Places and Policies
    Keywords: COVID-19 Pandemic Impact ; Employment of Marginalized Social Groups ; Gender and Rural Labor ; Informal Jobs ; International Economics and Trade ; Labor Market ; Post-Pandemic Employment Recovery
    Abstract: This paper examines the impact of Covid-19 on a host of labor market outcomes in India, using a continuous household survey. Cross-sectional trends of headline indicators like unemployment and labor force participation indicate a quick recovery after the unprecedented shock of the pandemic. However, women, marginalized social groups, and youth were more adversely affected, largely due to the nature of their employment before the pandemic. Next, a fixed-cohort analysis with a difference-in-differences regression framework is used to follow the labor market trajectories of a Covid-affected cohort and a pre-Covid cohort for comparison, over a span of 12-16 months. A story of downward transitions emerges, with movements out of the labor force, into more informal and lower-paid types of work in agriculture and rural areas. Higher education and being located in dense, urban areas partially mediated the adverse shocks of Covid-19. Lastly, India's extensive vaccination campaign had significant positive impacts on employment recovery
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  • 46
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (32 pages)
    Parallel Title: Erscheint auch als Calice, Pietro Unlocking SME Finance in Fragile and Conflict Affected Situations
    Keywords: Banking Reform ; Finance and Financial Sector Development ; Finance in Conflict Affected States ; Finance in Conflicted Affected States ; Financial Inclusion ; Fragility ; Small and Medium Sized Enterprises (SME) ; Social Development
    Abstract: Access to finance is a key obstacle for the growth and development of small and medium-sized enterprises in fragile and conflict affected situations. This paper provides empirical evidence on the key macrofinancial and institutional drivers of financial inclusion of small and medium-sized enterprises in a large sample of countries, highlighting the comparative importance of factors affecting countries with and without fragile and conflict affected situations. The results show that macroeconomic and institutional stability, along with reduced informality, banking sector soundness, and improved credit information environment, are associated with higher financial inclusion of small and medium-sized enterprises. The results also show that strengthening the rule of law, government effectiveness, and control of corruption while increasing financial depth and reducing public sector borrowing and banking market concentration could help close the small and medium-sized enterprise financial inclusion gap between fragile and conflict affected situation countries and the best performing countries. These effects are generally stronger in middle-income countries with fragile and conflict affected situations than in low-income countries with fragile and conflict affected situations. The results point to the importance of adopting comprehensive macrofinancial and institutional strategies to improve financial inclusion of small and medium-sized enterprises in countries with fragile and conflict affected situations, tailoring reforms to country contexts
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  • 47
    Language: English
    Pages: 1 Online-Ressource (47 pages)
    Parallel Title: Erscheint auch als Cunningham, Wendy How did Urban Household Enterprises in Sub-Saharan Africa Fare during COVID-19? Evidence from High-Frequency Phone Surveys
    Keywords: COVID-19 Pandemic ; Health, Nutrition and Population ; Income Loss ; Income Shock ; Informal Enterprise ; Informality ; Urban Household Enterprise
    Abstract: While the impact of COVID-19 on Sub-Saharan African labor markets is well documented, there is suggestive evidence that urban households may have fared particularly poorly. This paper uses data from high-frequency phone surveys in 27 Sub-Saharan African countries to investigate which kinds of urban household enterprises were most affected, what coping strategies were utilized, and heterogeneity by sociodemographic characteristics in the short and medium run. Using linear probability models, the paper finds that households that relied on income from non-farm enterprises were hit particularly hard during the early stage of the crisis, with 20-26 percent reporting income declines, and women experiencing even greater losses. Few coping strategies were utilized in the short run to counterbalance the loss of enterprise income. As the crisis progressed, wage employment recovered more quickly than self-employment, with faster gains for non-farm household enterprises, less poor households, and those headed by males and adults. Women, adults, and non-poor self-employed household heads were more successful at leveraging external sources of support early in the pandemic, but these supports largely dropped off by August 2020. These results demonstrate the vulnerability of non-farm household enterprises in urban Sub-Saharan Africa to the COVID-19 shock and highlight the need to expand publicly and privately financed coping mechanisms, particularly for women, youth, and poor household heads who are self-employed
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  • 48
    Language: English
    Pages: 1 Online-Ressource (66 pages)
    Parallel Title: Erscheint auch als Fiorin, Stefano How do Borrowers Respond to a Debt Moratorium? Experimental Evidence from Consumer Loans in India
    Keywords: Consumer DEBT Repayment ; DEBT Forbearance ; International Economics and Trade ; Loan Repayment ; Moral Hazard ; Relational Contracting ; Repayment Flexivility Benefits
    Abstract: Debt moratoria that allow borrowers to postpone loan payments are a frequently used tool intended to soften the impact of economic crises. This paper reports results from a nationwide experiment with a large consumer lender in India, designed to study how debt forbearance offers affect loan repayment and banking relationships. In the experiment, borrowers receive forbearance offers that are presented either as an initiative of their lender or the result of government regulation. The results show that delinquent borrowers who are offered a debt moratorium by their lender are 4 percentage points (7 percent) less likely to default on their loan, while forbearance has no effect on repayment if it is granted by the regulator. Borrowers who are offered forbearance by their lender also have causally higher demand for future interactions with the lender: in a follow-up experiment conducted several months after the main intervention demand for a non-credit product offered by the lender is 10 percentage points (27 percent) higher among customers who were offered repayment flexibility by the lender than among customers who received a moratorium offer presented as an initiative of the regulator. Overall, the results suggest that, rather than generating moral hazard, debt forbearance can improve loan repayment and support the creation of longer-term banking relationships not only for liquidity but also for relational contracting reasons. This provides a rationale for offering repayment flexibility even in settings where lenders are not required to provide forbearance
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  • 49
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (77 pages)
    Parallel Title: Erscheint auch als Kilic Celik, Sinem Potential Growth: A Global Database
    Keywords: Declining Growth Potential ; Fiscal and Monetary Policy ; Global Growth Database ; Growth Expectations in Developing Economies ; Macroeconomics and Economic Growth ; Measures of Potential Growth ; Production Function
    Abstract: Potential growth-the rate of expansion an economy can sustain at full capacity and employment-is a critical driver of development progress. It is also a major input in the formulation of fiscal and monetary policies over the business cycle. This paper introduces the most comprehensive database to date, covering the nine most commonly used measures of potential growth for up to 173 countries over 1981-2021. Based on this database, the paper presents three findings. First, all measures of global potential growth show a steady and widespread decline over the past decade, with all the fundamental drivers of growth losing momentum over time. In 2011-21, potential growth was below its 2000-10 average in nearly all advanced economies and roughly 60 percent of emerging market and developing economies. Second, adverse events, such as the global financial crisis and the COVID-19 pandemic, contributed to the decline. At the country-level also, national recessions lowered potential growth even five years after their onset. Third, the persistent impact of recessions on potential growth operated through weaker growth of investment, employment, and productivity
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  • 50
    Language: English
    Pages: 1 Online-Ressource (59 pages)
    Parallel Title: Erscheint auch als Foster, Vivien The Impact of Infrastructure on Development Outcomes: A Meta-Analysis
    Keywords: Digital Infrastructure Outcomes ; Energy Infrastructure Research ; ICT Infrastructure Research ; Information and Communication Technologies ; Infrastructure Elasticities ; Infrastructure Literature Meta-Analysis ; Infrastructure Policy Research ; Poverty Reduction ; Transport Infrastructure Outcomes
    Abstract: This paper presents a meta-analysis of the infrastructure research done over more than three decades, using a database of close to a thousand estimates from 201 papers conducted between 1983-2022, reporting outcome elasticities. The analysis casts a wide net to include the transport, energy, and digital or information and communications technology sectors and the whole set of outcomes covered in the literature, including output, employment and wages, inequality and poverty, trade, education and health, population, and environmental aspects. The results allow for an update of the underlying parameters of interest, the "true" underlying infrastructure elasticities, accounting for publication bias, as well as for heterogeneity stemming from both study design and context, with a particular focus on policy relevant subsectors and developing countries
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  • 51
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (57 pages)
    Parallel Title: Erscheint auch als Merfeld, Joshua D Improving Estimates of Mean Welfare and Uncertainty in Developing Countries
    Keywords: Development Policy ; Geospacial Data ; Household Census Data ; Machine Learning ; Macroeconomics and Economic Growth ; Poverty Reduction ; Prediction of Poverty ; Prediction of Wealth ; Welfare
    Abstract: Reliable estimates of economic welfare for small areas are valuable inputs into the design and evaluation of development policies. This paper compares the accuracy of point estimates and confidence intervals for small area estimates of wealth and poverty derived from four different prediction methods: linear mixed models, Cubist regression, extreme gradient boosting, and boosted regression forests. The evaluation draws samples from unit-level household census data from four developing countries, combines them with publicly and globally available geospatial indicators to generate small area estimates, and evaluates these estimates against aggregates calculated using the full census. Predictions of wealth are evaluated in four countries and poverty in one. All three machine learning methods outperform the traditional linear mixed model, with extreme gradient boosting and boosted regression forests generally outperforming the other alternatives. The proposed residual bootstrap procedure reliably estimates confidence intervals for the machine learning estimators, with estimated coverage rates across simulations falling between 94 and 97 percent. These results demonstrate that predictions obtained using tree-based gradient boosting with a random effect block bootstrap generate more accurate point and uncertainty estimates than prevailing methods for generating small area welfare estimates
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  • 52
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (30 pages)
    Parallel Title: Erscheint auch als Islam, Asif M Data Transparency in the Middle East and North Africa
    Keywords: Access To Government Information and Data ; Data Access ; Data Openness ; Governance ; Industry ; Poor Data Ecosystems ; Social Contract for Data ; Statistical Capacity ; Transparent Economic Data
    Abstract: Data transparency about critical economic issues may be key to driving growth and enhancing trust in government in the Middle East and North Africa. Several knowledge products and technical analyses on the region have been greatly constrained by the lack of availability of detailed data, and the relatively outdated nature of many available datasets. The goal of this study is to ascertain the state of data systems in the Middle East and North Africa region. Through analysis of several indicators, with their limitations in mind, the study uses descriptive analyses and uncovers six stylized facts of the region: (i) developing economies in the Middle East and North Africa have poor data ecosystems, largely due to the prevalence of conflict; (ii) developing economies in the Middle East and North Africa as a group have experienced the largest deterioration in data systems over time; (iii) data systems in richer economies in the Middle East and North Africa region underperform relative to their income peers; (iv) Gulf Cooperation Council economies underperform in data openness, especially online access, despite having the resources for online features; (v) the regulatory framework for data (data infrastructure) is poor throughout the region, especially in Gulf Cooperation Council economies; and (vi) the dispersion of source data scores - a measure of availability and timeliness of micro data - in the region suggests that national statistical offices in the region could learn from each other. Furthermore, the study summarizes data availability and timeliness for specific macro, micro, and public health indicators for countries across the region. The need for forging a social contract for data is discussed, as well as the role international institutions can play through a statistics compact for the region
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  • 53
    Language: English
    Pages: 1 Online-Ressource (39 pages)
    Parallel Title: Erscheint auch als Querejeta, Martina Sharing Parental Leave between Mothers and Fathers: Experimental Evidence from a Messaging Intervention in Uruguay
    Keywords: Breastfeeding ; Father's Parental Leave ; Gender Equality Promotion ; Gender Norms ; Government Text Messaging ; Intrahousehold Childcare Roles ; Law and Development ; Parental Leave ; Poverty Reduction
    Abstract: Parental leave has been increasingly used as a family policy to facilitate balancing care and work responsibilities and promoting gender equality. However, fathers' parental leave participation is still low, even when it offers both job and wage protection. This paper examines the effects of an information and awareness-raising intervention, delivered via email and text messages on men's and women's awareness and intentions of shared take-up of a parental leave program. The experiment provided recent and prospective parents meeting the social security requirements to benefit from parental leave with information about the program. Additionally, a subset of recent parents received messages that told them about (i) the benefits of fathers' involvement in childcare, or (ii) the importance of planning parental childcare. The intervention was successful in increasing knowledge about the parental leave program and shifting traditional gender norm views among women, regarding father's involvement and care planning. For men, knowledge about the program increased. However, the strong association between parental leave and breastfeeding led to fathers privileging mothers' use of the leave benefit. The findings show limited impact on actual leave taking, with the message about couples' leave planning increasing the effective use of parental leave among fathers compared to the information message. The results show that low-cost, targeted information interventions can have substantial effects on program knowledge among potential future beneficiaries. Although these interventions can support more equal gender roles and change gendered attitudes toward care responsibilities, they are not sufficient to shift behaviors
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  • 54
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: IEG Evaluation
    Keywords: Access To Basic Services ; Agriculture ; Climate Change Impacts ; Economic Growth ; Environment ; Governance Indicators ; Macroeconomics and Economic Growth ; Sub-Saharan Africa
    Abstract: Between 1993 and 2013, Mozambique became one of the fastest-growing economies in Sub-Saharan Africa boosting incomes and living standards. Political and macroeconomic stability provided the foundation for robust growth led by a rebounding agricultural sector and significant donor support. Growth, however, decelerated beginning in 2016 in the face of low commodity prices, a hidden debt crisis, and natural disasters. In FY18, Mozambique was formally classified as a fragile country. The Covid-19 pandemic further eroded growth. In light of the country's evolving context, this Country Program Evaluation (CPE) reviews the World Bank Group's engagement in Mozambique over the period FY08 into FY21. The CPE assesses the extent to which the Bank Group's support was relevant to Mozambique's main development challenges and drivers of fragility as well as how Bank Group support evolved and adapted over time. The evaluation delves into four themes that are relevant to Mozambique's pursuit of the Bank Group's Twin Goals of Poverty Reduction and Shared Prosperity: (i) low agricultural productivity; (ii) unequal access to basic services; (iii) weak institutions and governance; and (iv) vulnerability to climate change and natural disasters. The evaluation presents findings from each of the four themes covered and distills lessons from Bank Group experience in Mozambique to inform future strategies and engagements
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  • 55
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Infrastructure Study
    Keywords: Blockchain ; Cyber Security ; EMDES ; Infrastructure Economics and Finance ; Infrastructure Finance ; Legal Concerns ; Tokenization
    Abstract: The purpose of this report is to assess whether digitizing the equity or debt financing used for infrastructure projects using blockchain, that is, tokenized infrastructure, provides enough benefits to justify the use of this technology. The information presented here aims to inform the World Bank whether it should explore the possibility of tokenizing one of its infrastructure projects. The conclusions are based on interviews with tokenization start-ups, experts, and the review of current and planned regulatory frameworks in selected jurisdictions and use cases/pilots to date
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  • 56
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Equitable Growth, Finance and Institutions Insight
    Keywords: Cloud Computing ; Data Classification Matrix ; Information and Communication Technologies ; Information Technology ; PII ; Public Sector ; Security
    Abstract: This data classification matrix and cloud assessment framework supports the policy goals articulated in the World Bank's Institutional and procurement practice note for cloud computing services in the public sector. The framework is intended to support World Bank client countries, practitioners, and multilateral and bilateral development partners to manage the risks of acquiring public cloud solutions. These suggestions are based on good practices identified in the practice note. The framework first offers a data classification scheme for government data and personally identifiable information (PII) of citizens that governments and their contractors handle based upon the confidentiality, integrity, and availability security objectives. The framework then suggests cloud security requirements corresponding to each proposed data classification level. These security requirements are based upon international standards and good practices identified in the practice note. The framework also offers a checklist for procuring agencies seeking to procure cloud services
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  • 57
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Women in Development and Gender Study
    Keywords: Childcare ; Digital Technology Gap ; Economic Inclusion ; Gender and Development ; Gender and Economic Policy ; Gender and Law ; Violence Prevention ; Women's Empowerment ; Women's Land Rights
    Abstract: The focus and approach of South Asia Second Regional Gender Action Plan (SAR RGAP) are based on an analysis of regional trends in key gender outcomes in South Asia, an assessment of SAR RGAP, and an extensive set of consultations, including country-level consultations conducted across the WBG. Implementation of SAR RGAP will take place in the context of the WBG's broader strategy for gender and the latest International Development Association (IDA) commitments. The World Bank Group Gender Strategy prioritizes four domains of gender equality: (a) improving human endowments, (b) more and better jobs for men and women, (c) women's access to productive assets, and (d) improving women's voice and agency and engaging men and boys (WBG 2015). An update of the Gender Strategy is currently under preparation, with completion expected in 2024. SAR RGAP aligns with this broader strategy but is also selective and therefore focuses on the most pressing gender gaps in the region. SAR RGAP also follows the December 2021 IDA replenishment, aligning with all eight of its policy commitments for gender: (i) investing in women's empowerment, (ii) scaling up productive economic inclusion, (iii) expanding childcare, (iv) supporting medium, and high-skilled employment opportunities for women, (v) closing the gap in digital technology, (vi) strengthening women's land rights, (vii) increasing support for prevention of and response to GBV, and (viii) implementing fiscal policy and budget systems to close gender gaps
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  • 58
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other ESW Reports
    Keywords: Attracting Business Investment ; Business Environment ; Employment Policy ; Job Generation and Creation ; Jobs Policy ; Labor and Employment Law ; Labor Market Regulations ; Law and Development ; Private Sector Development ; Remittances ; Rural Development ; Rural Labor Markets ; Skills Development and Labor Force Training ; Social Protections and Labor
    Abstract: Shaping a Better Future for the Filipino Workforce aims to inform jobs policy by examining key determinants and outcomes of jobs. Jobs are created when the macroeconomic environment is conducive and policies are predictable to businesses with sustained growth, trades, and investments. At the same time, a large body of literature also shows that economic growth alone is not sufficient for generating jobs. Jobs are created when firms pursue expansion through innovation and competitiveness and demand for more labor input, while workers' skills and human capital are able to meet the needs of firms. Intrahousehold resource allocation and decisions for labor supply also affect the jobs outcomes. It is not uncommon that workers as self-employed create jobs by initiating their own business. The market clearing process of labor is then affected by labor market institutions, most notably labor market regulations and labor policies and programs. These are key determinants of how easy it is to start a business or to hire a worker, how high labor costs are, and how efficiently firms and workers are matched. Part I looks into the country's labor market in chronological order, while Part II discusses three major areas of Philippine jobs - labor regulation, international migration, and emerging demands for green and digital jobs
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  • 59
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Economic Growth ; Economic Outlook ; Fiscal Deficit ; Inflation ; Macroeconomics and Economic Growth ; Private Sector Lending ; Public DEBT
    Abstract: The economy has recovered to pre-pandemic levels and, with rising tourist arrivals, is expected to maintain a strong growth and poverty reduction trajectory over the medium term. Commodity price volatility is driving inflation and exerting pressure on fiscal and external balances, through costlier imports and higher subsidies. Despite recent improvements, public debt is expected to remain high, warranting continued efforts to reduce fiscal deficits, including comprehensive subsidy reforms while mitigating impacts on the vulnerable
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  • 60
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Keywords: Education Finance ; Education System ; PFR ; Reforms ; Spending
    Abstract: This section of the Public Finance Review (PFR) assesses the level, quality, efficiency, and equity of public spending on education in North Macedonia and recommends policies that could increase efficiency as well as outcomes. It also examines the status of recent education reforms in the country and provides directions that can contribute to a better education system in North Macedonia
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  • 61
    ISBN: 9781464819582
    Language: English
    Pages: 1 Online-Ressource (pages cm)
    Parallel Title: Erscheint auch als
    Abstract: We live in a rapidly aging world, in which people who are 60 years and older outnumber children under the age of five. This book reveals large and growing gaps in care for older adults in countries at all income levels and shows how to leverage reforms for improving health outcomes for older adults and create healthier, more prosperous communities. Aimed at policy makers and other health and development stakeholders who want to promote healthier aging, 'Silver Opportunity' compiles the latest evidence on care needs and gaps for aging populations. It argues that primary health care (PHC) should be the cornerstone of integrated service delivery for older people, but that PHC systems must first build their capacity to respond to older people's health needs. It presents an original framework for policy action to advance PHC-centered, integrated senior care; documents the experiences of pioneering countries in delivering community-based care to older people; and provides recommendations for decision-makers. The framework presents four policy levers to improve health care for seniors--financing, innovation, regulation, and evaluation and measurement--or FIRE. Finally, the book posits that by acting now, countries can leverage population aging to accelerate progress toward health equity and Universal Health Coverage (UHC)"--
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  • 62
    Language: English
    Pages: 1 Online-Ressource (140 pages)
    Series Statement: New Frontiers of Social Policy
    Parallel Title: Erscheint auch als
    Abstract: All development is about people: the transformative process to equip, link, and enable groups of people to drive change and create something new to benefit society. Development can promote societies where all people can thrive, but the change process can be complex, challenging, and socially contentious. Continued progress toward sustainable development is not guaranteed. The current overlapping crises of COVID-19, climate change, rising levels of conflict, and a global economic slowdown are inflaming long-standing challenges-exacerbating inequality and deep-rooted systemic inequities. Addressing these challenges will require social sustainability in addition to economic and environmental sustainability. Social Sustainability in Development: Meeting the Challenges of the 21st Century seeks to advance the concept of social sustainability and sharpen its analytical foundations. The book emphasizes social sustainability's four key components: social cohesion, inclusion, resilience, and process legitimacy. It posits that -- Social sustainability increases when more people feel part of the development process and believe that they and their descendants will benefit from it. -- Communities and societies that are more socially sustainable are more willing and able to work together to overcome challenges, deliver public goods, and allocate scarce resources in ways perceived to be legitimate and fair so that all people may thrive over time. By identifying interventions that work to promote the components of social sustainability and highlighting the evidence of their links to key development outcomes, this book provides a foundation for using social sustainability to help address the many challenges of our time
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  • 63
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (136 pages)
    Series Statement: International Development in Practice
    Parallel Title: Erscheint auch als
    Abstract: The coronavirus (COVID-19) pandemic underscored the need for many countries to develop more effective and accessible primary health care systems, as well as more efficient ways to quickly disperse and collect health information. Governments throughout the world-regardless of economic status-identified the need for robust digital health care solutions as an important element in attaining these goals. Telemedicine or health hotline services have shown for more than 60 years that they can help people to receive accurate and timely health information and make informed decisions about when to seek treatment. These services offer the ability to provide health information and care remotely, thereby extending the reach of the health care system, improving efficiencies, and enhancing the quality of care. Despite telemedicine's well-established benefits, few nationally scaled telemedicine or health hotline services exist-and even fewer are government owned. Health services that are stewarded by governments and embedded into public health systems are more likely to sustain impact at scale. However, many digital health solutions are set up for emergency response or with donor funding but are not embedded within the government systems and budgets. Other proposed solutions for national systems fail, despite their effectiveness or impact, because they are developed without government input and without a plan for government to eventually steward the solution. Planning National Telemedicine and Health Hotline Services: A Toolkit for Governments builds on the existing evidence to help governments establish successful and sustainable nationwide telemedicine or health hotline services. This toolkit lays out a multiphased approach to implementing these services that helps to ensure that governments are fully committed to providing longterm and sustainable services within the framework of the public health system. The phases include the initial assessments through technical considerations; setting up and scaling up these services; designing and implementing solutions; developing strategies and implementation roadmaps and budgets; and partnering with the private sector. The toolkit also provides helpful tools, for example, to cost out and design the system, contract with service providers, and engage mobile network operators
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  • 64
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (168 pages)
    Parallel Title: Erscheint auch als
    Keywords: Barbell ; Digital Transformation ; Fintech
    Abstract: Fintech-the application of digital technology to financial services-is reshaping the future of finance. Digital technologies are revolutionizing payments, lending, investment, insurance, and other financial products and services-and the COVID-19 pandemic has accelerated this process. Digitalization of financial services and money is helping to bridge gaps in access to financial services for households and firms and is promoting economic development. Improved access to basic financial services translates into better firm productivity and growth for micro and small businesses, as well as higher incomes and resilience to improve the lives of the poor. Technology can lower transaction costs by overcoming geographical access barriers; increasing the speed, security, and transparency of transactions; and allowing for more tailored financial services that better serve consumers, including the poor. Women can especially benefit. Yet too many people and firms still lack access to essential financial services that could help them thrive. It is time for policy makers to embrace fintech opportunities and implement policies that enable and encourage safe financial innovation and adoption. Fintech and the Future of Finance: Market and Policy Implications explores the implications of fintech and the digital transformation of financial services for market outcomes, on the one hand, and regulation and supervision, on the other hand-and how these interact. The report, which provides a high-level perspective for senior policy makers, is accompanied by notes that focus on salient issues for a more technical audience. As the financial sector continues to transform itself, policy trade-offs will evolve, and regulators will need to ensure that market outcomes remain aligned with core policy objectives. Several policy implications emerge. 1. Manage risks, while fostering beneficial innovation and competition. 2. Broaden monitoring horizons and reassess regulatory perimeters. 3. Review regulatory, supervisory, and oversight frameworks. 4. Be mindful of evolving policy trade-offs as fintech adoption deepens. 5. Monitor market structure and conduct to maintain competition. 6. Modernize and open financial infrastructures. 7. Ensure public money remains fit for the digital world. 8. Pursue strong cross-border coordination and sharing of information and best practices
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  • 65
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (33 pages)
    Parallel Title: Erscheint auch als Franco-Bedoya, Sebastian Measuring Globalization when it is Needed the Most: A Long-Run Analysis
    Keywords: Economic Dynamics ; Economic Integration ; Economic Measures ; International Economics and Trade, Globalization and Financial Integration, Globalization ; Long-Run Analysis
    Abstract: This paper studies globalization dynamics over 1965-2021. Based on the definition that refers to globalization as an extension beyond national borders of the same market forces that operate at all levels of economic activity, the paper is able to determine where the world economy stands compared to the 1960s. The results show that the world economy has not entered an era of deglobalization and that China's role as one of the globalization leaders started in the mid-1980s. Also, contrary to what the tradeto- GDP ratio suggests, it is shown that China has outperformed the world economy since then. This paper builds on recent contributions in the structural gravity literature and adopts a long-run perspective to offer an analytical toolkit for the current debate around globalization dynamics. The methodology and empirical results provide deep insights across countries and sectors, showing that country-specific events are intuitively captured and illustrating how to disentangle the role of factors like trade agreements
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  • 66
    Language: English
    Pages: 1 Online-Ressource (39 pages)
    Parallel Title: Erscheint auch als Mahony, Chris Weighting Justice Reform Costs and Benefits using Machine Learning and Modern Data Science
    Keywords: Cost-Benefit Analysis ; Data Science ; Heterogeneity ; Justice Processes ; Law and Development, Law and Justice Institutions, Justice Reform ; Machine Learning
    Abstract: Can the impact of justice processes be enhanced with the inclusion of a heterogeneous component into an existing cost-benefit analysis app that demonstrates how benefactors and beneficiaries are affected Such a component requires (i) moving beyond the traditional cost-benefit conceptual framework of utilizing averages, (ii) identification of social group or population-specific variation, (iii) identification of how justice processes differ across groups/populations, (iv) distribution of costs and benefits according to the identified variations, and (v) utilization of empirically informed statistical techniques to gain new insights from data and maximize the impact for beneficiaries. This paper outlines a method for capturing heterogeneity. The paper tests the method and the cost-benefit analysis online app that was developed using primary data collected from a developmental crime prevention intervention in Australia. The paper identifies how subgroups in the intervention display different behavioral adjustments across the reference period, revealing the heterogeneous distribution of costs and benefits. Finally, the paper discusses the next version of the cost-benefit analysis app, which incorporates an artificial intelligence-driven component that reintegrates individual cost-benefit analysis projects using machine learning and other modern data science techniques. The paper argues that the app enhances cost-benefit analysis, development outcomes, and policy making efficiency for optimal prioritization of criminal justice resources. Further, the app advances the policy accessibility of enhanced, social group-specific data, illuminating optimal policy orientation for more inclusive, just, and resilient societal outcomes-an approach with potential across broader public policy
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  • 67
    Language: English
    Pages: 1 Online-Ressource (50 pages)
    Parallel Title: Erscheint auch als Paul, Sumik Sectoral Productivity Shock, Regional Differences in Intersectoral Linkages, and Structural Transformation in Ghana
    Keywords: Industry, General Manufacturing, Structural Transformation ; Intersectoral Linkages ; Mining and Heavy Industry Linkage ; Mining and Heavy Manufacturing Industry ; Propagation of Productivity Shock ; Subnational Area Linkages
    Abstract: This paper studies the effect of a local sectoral productivity shock on subnational structural transformation. The analysis is based on regional input-output tables constructed for 2004 and 2013 and available censuses of firms in 2003 and 2013 for Ghana. Based on the data, the analysis confirms the occurrence of a mining productivity shock. Between 2004 and 2013, mining grew dramatically as a share of gross domestic product. The mining shock occurred primarily in the south of Ghana with much larger increases in mining's share in regional output, the number of mining firms, and mining employment than in the north of the country. The findings show that the mining productivity shock led to growing regional (north-south) differences in intersectoral linkages, with greater intermediate use of mining output and a larger sectoral total factor productivity ratio between mining and manufacturing in the south than in the north. Informed by international evidence of strong intersectoral linkages between mining and heavy manufacturing industries, the paper examines the performance of heavy manufacturing in response to the mining productivity shock. The elasticity of heavy manufacturing to mining employment growth is 50 percent larger in the south than in the north, generated by an increase in both average firm employment and the entry of new firms. These north-south differences are interpreted as possibly due to weak interregional production linkages
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  • 68
    Language: English
    Pages: 1 Online-Ressource (35 pages)
    Parallel Title: Erscheint auch als Fruttero, Anna Gendered Impacts of Climate Change: Evidence from Weather Shocks
    Keywords: Climate Shocks and Livelihoods ; Environment ; Gender and Climate Change ; Gender, Climate Change Impacts, Climate Change ; Gendered Educational Impacts of Climate Change ; Gendered Norms and Climate Change ; Gendered Vulnerability To Weather Shock ; Health Effects of Weather Shocks ; Women's Agency
    Abstract: Climate change is one of the defining challenges of our time. While the impacts of climate change on people's well-being can hardly be denied, it may not be as obvious that the impacts could differ by gender. However, as the COVID-19 pandemic has shown, a shock can impact men and women differently due to social norms and pre-existing gender differences. This paper reviews the economic literature linking weather shocks (such as floods, droughts, and extreme temperatures, among others) and a large range of outcomes (from endowments to economic opportunities and agency). Men and women indeed have specific vulnerabilities and exposures. Specific physiological vulnerabilities are relatively minor: boys are more vulnerable to shocks in utero and girls and women to heat. The biggest gendered impacts are due to existing gaps and social responses to shocks. In places with strong boy preferences, families facing scarcity due to disasters are more likely to give food and other resources to boys, take their daughters out of school or marry them young, or withdraw women from agricultural work so they focus on household chores. During or after weather shocks, boys can also be taken out of schools to be put at work and men working in agriculture are often forced to migrate to find alternative sources of income. Unless climate policy acknowledges and accounts for these differences, climate change will remain an amplifier of existing gender inequalities
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  • 69
    Language: English
    Pages: 1 Online-Ressource (24 pages)
    Parallel Title: Erscheint auch als Gansey, Romeo The Role of Cash Transfers in Smoothing the Income Shock of COVID-19 in the Arab Republic of Egypt
    Keywords: Cash Transfer ; Income Poverty ; Labor Income ; Microsimulation ; Poverty Reduction, Safety Nets and Transfers, COVID-19 Pandemic Impact ; Targeted Cash Transer To Informal Workers ; Transfers To Tourism Workers
    Abstract: The COVID-19 pandemic impacted the Arab Republic of Egypt's economy and its people in many ways. By combining micro-simulations and imputation techniques, this paper models early impacts of the pandemic on household income and the role of cash transfers from the Government of Egypt in supporting households and workers. As expected, and consistent with other evidence, the estimates show that the pandemic shock decreased labor incomes and increased income poverty in Egypt. It was estimated that in fiscal year 2020, average household income per capita contracted by about 1.7 percent, and income poverty was about 2.2 percentage points higher, compared to a non-COVID-19 scenario for the same year, using the international poverty line of USD 3.65 a day (2017 purchasing power parity). Labor income losses were widespread across the country, disproportionately affecting informal workers. The results also suggest that expanded social protection cash transfers and targeted cash assistance to Egypt's informal and tourism sectors played a substantial role in smoothing the initial labor income shock. In the absence of compensatory cash transfers, income poverty would have been 1.1 percentage points higher. The compensatory measures, in particular the cash transfer programs Takaful and Karama, preferentially protected rural households due to the programs' targeting rules. Thus, households in urban areas were significantly more likely to become income poor, compared to those in rural settings
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  • 70
    Language: English
    Pages: 1 Online-Ressource (29 pages)
    Parallel Title: Erscheint auch als Calice, Pietro Biodiversity and Finance: A Preliminary Assessment of Physical Risks for the Banking Sector in Emerging Markets
    Keywords: Climate Change Impact ; Economy and Climate Change ; Ecosystem Services ; Environment, Biodiversity, Biodiversity ; Environmental Risk ; Green Finance ; Macroeconomics and Economic Growth ; Nature Loss
    Abstract: Economic activity depends on a flourishing biodiversity and intact environment through the provision of ecosystem services. The depletion of these services poses physical risks for the financial sector. This paper attempts to measure the potential exposure of the banking systems in 20 emerging markets to nature loss through their lending portfolio. The results show that banks in emerging markets allocate around half of their credit portfolio to firms whose business processes are highly or very highly dependent on one or more ecosystem services. The results also provide initial and preliminary evidence that points to a negative correlation between country income level and dependency on ecosystem services. Accounting for indirect dependencies on ecosystem services via supply chains and trade could change this observed relationship, however. Furthermore, the highest dependencies on ecosystem services across countries tend to be on climate regulation and flood and storm protection, indicating the interconnectedness of climate change and nature loss
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  • 71
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Equitable Growth, Finance and Institutions Insight
    Keywords: ESG ; Finance and Financial Sector Development, Debt Markets ; Financial Sector and Social Assistance, Economic and Social Rights ; Human Rights ; Investment Process ; Sovereign DEBT Investing
    Abstract: This paper discusses both the relevance of economic and social rights (ESRs) for environmental, social, and governance (ESG) investing in the sovereign debt asset class and how to start incorporating these rights into the investment process in a practical way. Many in the investment industry recognize the potential role that investors can play in influencing a country's decisions on environmental and social issues, including human rights. Investors are also increasingly acknowledging the potential to influence a sovereign's actions on social issues, such as ESRs, given the state's direct role in providing a pathway to social advancement for its citizens. The rest of this paper is organized as follows. Section 2 explains the relevance of ESRs to the sovereign debt asset class. Section 3 introduces the income adjusted ESR dataset, and section 4 illustrates the insights that this dataset can provide for sovereign debt investors. Section 5 provides one practical example of how sovereign debt investors could use such a dataset in practice. Section 6 presents our conclusions
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  • 72
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Environmental Analysis
    Keywords: CCDR ; Climate Change Governance ; Environment, Climate Change and Environment ; Environmental Governance, Climate Change ; Environmental Studies
    Abstract: Honduras is highly vulnerable to extreme natural hazards, which are expected to increase because of climate change. These will have significant consequences for all of Honduran society, affecting important economic sectors and threatening food and water security and human health. The impacts of climate change are expected to disproportionately affect the poorest and most vulnerable, such as indigenous peoples and afro‑descendants (IPADs) and women. These impacts will likely compound existing challenges such as migration, internal displacement, and land conflicts and insecurity. Even though Honduras's contribution to global emissions is significantly low, the country has opportunities to pursue low‑carbon development that will create co‑benefits and foster synergies with climate change adaptation, particularly in the agriculture, water, forestry, energy, and transport sector. This CCDR recommends focusing on a parallel approach of a) cross‑sectoral recommendations in the short term that allow for the creation of an enabling environment for sectoral recommendations in the long term and long term, while b) accelerating policy reforms and investments through a phased approach for priority sectors. This phased approach to sectoral action would help the country gradually enhance ambition while also harnessing the enhanced institutional capacities and increased enabling environment
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  • 73
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Environment ; Environmental Crisis ; Environmental Sustainability ; Infrastructure Economics and Finance ; Infrastructure Regulation ; Municipal and Civil Engineering ; Plastic Marine Pollution ; Plastic Recycling Use ; Road Construction ; Rural Development ; Rural Roads and Transport, Circular Plastic Economy ; Urban Development, Environmental Engineering
    Abstract: As global plastic waste continues to grow, the global community is coalescing to reduce plastic waste. Some stakeholders are also exploring new options to use plastic waste as partial substitute for raw material. The use of plastic waste as a bitumen modifier in road construction, referred to here as 'plastic roads', is one option being explored. We reviewed the scientific literature, news articles, and patents; conducted a cost-effectiveness analysis; and interviewed representatives from private companies and independent, scientific researchers to determine the existing knowledge gaps regarding the (1) technology feasibility, including engineering performance; (2) environmental issues; (3) occupational health; (4) economic viability; and (5) industry standards surrounding plastic roads. We found that many companies are starting to implement or pilot this technology worldwide though key gaps in engineering performance, such as cracking resistance, remain. The environmental issues reviewed also have research gaps, including the generation of hazardous air pollutants during production; microplastics and nanoplastics generation during use; and leaching of additives from plastic waste during use. Industry standards for the use of plastic waste in road construction are lacking. In addition, there is prevailing uncertainty in the economic viability of the technology. As a result of these key research gaps, the Ways Forward section presents a roadmap for short- and longterm research priorities
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  • 74
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Education Study
    Keywords: Active Labor Market Program ; Adult Skills Development ; Basic Green Skills ; Education ; Education Reform and Management ; Educational Outcome Policy ; Environment ; Green Issues ; Green Transition Skills Development ; Human Capital Crisis ; Science and Technology Development ; Skills Development and Labor Force Training, Digital Skills Development ; Social Protections and Labor, Economics of Education
    Abstract: The rippling effects of multiple overlapping crises on the economy, declining education outcomes, and inability of the education system to meet the upcoming needs of the labor market puts the Slovak Republic in a human capital crisis. There is a misalignment between the supply and outcomes of the education system and requirements of the labor market. Education-to-work pathways through vocational and tertiary education are insufficient to prepare students for the green economy transition. Education-to-work pathways need to be flexible to align worker choices with needs of the labor market. This policy note provides a deep dive into the education situation in the Slovak Republic and proposes specific policy recommendations aiming at the skilling and reskilling toward the green and digital agenda, utilizing European and international experiences in this area
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  • 75
    Language: English
    Pages: 1 Online-Ressource (42 pages)
    Parallel Title: Erscheint auch als Karra, Mahesh Liberian Women Count: Evidence from a Macrosimulation of the Gender Dividend
    Keywords: Demography ; Economic Contribution Of Women ; Economic Growth ; Gender ; Gender Dividend ; Inequality ; Macrosimulation ; Time Allocation ; Value Of Domestic Work ; Women's Empowerment ; Women's Human Capital
    Abstract: Liberian women make significant economic contributions yet are constrained from contributing even more due to their exclusion from productive opportunities. This study develops a macrosimulation model of the Gender Dividend that estimates the economic contributions of women and the societal costs incurred by excluding them. Using macroeconomic, demographic, and survey data from Liberia, the analysis finds that women were responsible for 39 percent of market-based output produced annually in 2020, equal to USD 1.08 billion, and contributed another USD 530 million in non-tradable sources of production, namely, housework and domestic chores. Using the macrosimulation model, the study estimates that if the gender gaps in labor force participation, intra-sectoral wages, and sector of employment were closed, gross domestic product would be 11.5 percent higher. If further reforms were undertaken to equalize education and reduce fertility rates to a net-reproduction rate, gross domestic product would be 23.7 percent higher. Finally, if the model also accounts for the value of non-tradable production, gross domestic product would be USD 5.89 billion, or 45.3 percent higher than today's estimates, with women being responsible for 53 percent of the labor market output. These estimates reinforce the need for a unified policy agenda that actively invests in women's human capital and work-related opportunities simultaneously
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  • 76
    Language: English
    Pages: 1 Online-Ressource (22 pages)
    Parallel Title: Erscheint auch als Perge, Emilie Structural and Behavioral Barriers to Improving Development Outcomes: The Case of Maternal Care in Haiti
    Keywords: Behavioral Biases ; Female Health Service Location ; Health and Poverty ; Health, Nutrition and Population ; Maternal Health ; Maternal Mortality ; Mixed Methods ; Multilevel Model ; Poverty and Maternal Health
    Abstract: This paper investigates the interplay between structural and behavioral barriers that discourage pregnant women from accessing institutional care in Haiti, where despite some improvements in the past decades, maternal mortality remains a significant challenge. The analysis complements household survey data with data on service provision and qualitative data on beliefs, perceptions, and attitudes toward maternal health care. Using a mixed-methods approach, the paper confirms that transportation and poverty are important barriers that decrease the likelihood of attending maternal health care services. At the same time, the findings show that women suffer from optimism bias and are uncomfortable with the current model of received care. These barriers discourage women from seeking, reaching, and receiving maternal health care services at health institutions. Tackling structural barriers while finding ways to encourage women to shift their beliefs, perceptions, and attitudes are key recommendations to improve maternal health in Haiti
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  • 77
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (45 pages)
    Parallel Title: Erscheint auch als Jaud, Melise Export Survival: The Role of Banks and Stock Markets
    Keywords: Access to Finance ; Bank vs Stock Market ; Collateralizable Assets ; Finance and Financial Sector Development ; Finance Transmission ; Financing Export Survival ; Stock Market Financing of Exports ; Transmission To Real Economy
    Abstract: Banks and stock markets play distinct roles in helping exporters survive in foreign markets, conditional on the specific financial needs of exported products. Stock markets rather than banks help exporters who lack easily collateralizable tangible assets. Active rather than large stock markets promote exports of products requiring high levels of working capital. And the trade credit can act as a substitute for external financing only from banks and only in the presence of well-established export links. These results on product-level export survival provide new insights into the transmission process from finance to the real economy
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  • 78
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (45 pages)
    Parallel Title: Erscheint auch als Kabundi, Alain Commodity Price Cycles: Commonalities, Heterogeneities, and Drivers
    Keywords: Commodities ; Commodity Price Comovement ; Commodity Price Cycles ; Dynamic Factor Model ; Global Business Cycle ; Macroeconomics and Economic Growth ; Speculative Demand
    Abstract: This paper studies commodity price cycles and their underlying drivers using a dynamic factor model. The study employs a sample of 39 monthly commodity prices over 1970:01 to 2019:12. The analysis identifies global and group-specific cycles in commodity markets and includes them in a structural vector autoregressive model together with measures of global economic activity and global inflation, to disentangle their response to global demand, global supply, and commodity market-specific shocks. The findings reveal the following main results. (i) There exists a global cycle in commodity markets that accounts for an increasing fraction of co-movement in commodity prices over the past two decades, particularly for energy, metals, and precious metals. (ii) The results are heterogeneous across groups of commodities, with group-specific commodity cycles existing for grains and precious metals over the full sample period, 1970-2019. Metal and energy prices exhibit within-group synchronization over 1970-99; however, in recent years, their movements have become increasingly aligned with the global business cycle. (iii) Since 2000, the global commodity cycle is largely driven by global supply shocks, such as rapid productivity growth in emerging markets and developing economies, which increase demand for commodities. (iv) The large price spikes observed during the two most prominent commodity market boom-bust episodes of the past half-century (1972-74 and 2006-08) are driven additionally by shocks that are orthogonal to global economic activity such as shifts in speculative demand for commodities
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  • 79
    Language: English
    Pages: 1 Online-Ressource (74 pages)
    Parallel Title: Erscheint auch als Englander, Gabriel Input Subsidies and the Depletion of Natural Capital: Chinese Distant Water Fishing
    Keywords: Depletion Of Natural Resources ; Environment ; Fuel Subsidies ; Impact of Fuel Subsidies On Fishing Stock ; Macroeconomics and Economic Growth ; Overfishing ; Resource Extraction ; Subsidy Reform ; Taxation and Subsidies
    Abstract: Input subsidies in natural resource sectors are widely believed to deplete the natural capital on which these sectors depend. However, estimating the causal effect of subsidies on resource extraction has been stymied by identification and data challenges. China's fishing fleet is the world's largest, and in 2016 the government changed its fuel subsidy policy for distant water vessels to one that increases with predetermined vessel characteristics. Regression discontinuity estimates imply a long-run elasticity of fishing hours with respect to fuel subsidies of 2.2. Consequently, reducing Chinese fuel subsidies by 50 percent could eliminate biological overfishing in several ocean regions. By demonstrating the substantial impact of fuel subsidies on fishing activity and fish stocks, the findings inform ongoing subsidy reform in China, other nations with subsidized fishing vessel fuel, and the World Trade Organization
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  • 80
    Language: English
    Pages: 1 Online-Ressource (47 pages)
    Parallel Title: Erscheint auch als Chlouba, Vladimir After Big Droughts Come Big Cities: Does Drought Drive Urbanization?
    Keywords: Climate Change ; Climate Change Impact on Migration ; Drought ; Environment ; Migration ; Resilience and Land ; Urbanization
    Abstract: Existing research points to a possible link between slow-onset symptoms of climate change and migration. It is also known that rates of urbanization are fastest in some of the world's poorest countries, which are incidentally also at greater risk of climate-induced migration. These separate findings suggest that slow-onset climate phenomena such as droughts have likely become a key driver of urbanization across much of the developing world. While intuitive, this link has not been convincingly established by extant research. This study examines the climate-urbanization nexus by constructing a novel measure of urban growth that uses remotely sensed information from the World Settlement Footprint dataset. Relying on panel data that cover the entire globe between 1985 and 2014, the paper shows that drought leads to faster urban growth. The results indicate that a hypothetical drought lasting 12 months is associated with a 27 percent increase in the average annual increment of built-up area. The paper leverages novel data from several Sahelian cities to illustrate that much of this growth takes the form of non-infill development that extends outward from previously built-up localities
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  • 81
    Language: English
    Pages: 1 Online-Ressource (38 pages)
    Parallel Title: Erscheint auch als Wilkinson, Thomas A Framework for the Economic Evaluation of Digital Health Interventions
    Keywords: Digital Health Intervention ; Economic Evaluation ; Health Intervention Investment ; Health System Decision Making ; Health Systems Development and Reform ; Health, Nutrition and Population ; Low Income Country Health Interventions ; Middle Income Country Health Interventions
    Abstract: Numerous digital health interventions have been piloted in response to the health care challenges low- and middle-income countries face. Because the opportunity cost of investing in digital health interventions can be large, countries must make choices about which interventions to scale up. To make good investment decisions about digital health interventions, there is a need to define and establish their value, and to use economic evaluation to make informed decisions, however DHIs present methodological challenges for economic evaluation. To address these challenges, this paper first creates a 'gap map' of digitalevidence which reveals a dearth of economic evaluation evidence about digital health interventions; this lack can limit decisions on policy, programming, and appropriate scale-up of digital health interventions. To advance work in this field, this paper then develops an economic evaluation framework that can be used when determining the economic value of digital health interventions. Such a standardized approach, alongside guidance to assist the conduct and use of economic evidence, can improve decision making and investments in DHI under constrained health budgets. The resulting digital health intervention economic evaluation framework consists of 5 steps: (1) determine the context, (2) determine the intervention type, (3) establish the level of complexity, (4) set the analytic principles, and (5) represent the value proposition. Users of the framework should attempt to adhere to its steps and principles, but where this is not feasible or appropriate, they should provide justification for the methodological choice. The framework should facilitate methodological transparency, thereby improving the overall usefulness of economic evaluations of digital health interventions
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  • 82
    Language: English
    Pages: 1 Online-Ressource (27 pages)
    Parallel Title: Erscheint auch als Bedoya, Guadalupe The Unintended Consequences of Curfews on Road Safety
    Keywords: Congestion Externalities ; Curfew ; Curfew Vehicle Crashes ; Health Policy and Management ; Health, Nutrition and Population ; Pandemic ; Road Safety ; Urban Road Safety ; Vehicle Crash
    Abstract: During COVID-19, curfews spread like wildfire. Although their impact on curbing the spread of disease remains to be proven, curfews have the potential to bring about costs to society in multiple domains. This paper investigates the impact of curfews on road safety in an urban setting. It shows that they lead to large reductions in crashes during the curfew hours when cars are off the road, but that these reductions can be fully offset by an increase in crashes during the hours before the curfew when people rush to get home. These findings forewarn that the use of curfews in future crises and pandemics should be carefully scrutinized and designed to minimize unintended negative effects
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  • 83
    Language: English
    Pages: 1 Online-Ressource (48 pages)
    Parallel Title: Erscheint auch als Mensah, Justice Tei Energy Demand during a Pandemic: Evidence from Ghana and Rwanda
    Keywords: Covid-19 Impacts ; Electricity Consumption ; Electricity Usage ; Energy Subsidy ; Health Policy and Management ; Health, Nutrition and Population ; Macroeconomics and Economic Growth ; Pandemic Electricity Demand ; Residential Energy Subsidy
    Abstract: The COVID-19 pandemic caused significant disruptions to economies around the world. In response to this, some developing countries offered reliefs such as electricity subsidies while others did not. How did the pandemic affect the electricity consumption of households and firms Did the utility subsidies enable a quick recovery from the pandemic And what are the distributional impacts of the utility subsidies This paper leverages unique administrative billing data on electricity consumption from two African countries, Ghana and Rwanda, with differing policy responses to the pandemic to document the demand response of households and firms to the COVID-19 pandemic, and the role of utility subsidies during the period. Findings from the paper indicate that the pandemic led to higher consumption of electricity in both countries, albeit with variations across countries and sectors. While residential consumption soared, consumption of non-residential customers such as hotels and industries declined during the period. Electricity subsidies in Ghana during the pandemic explain the sharp increase in residential consumption. These findings highlight the potential effects of pandemic relief measures on household welfare
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  • 84
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: IEG Independent Evaluations and Annual Reviews
    Keywords: Climate Change Impact ; Coastal and Marine Environment ; Coastal and Marine Resources ; Environment ; Environmental Economics and Policies ; Fisheries ; Global Protein Supply ; Maritime Industries ; Ocean Freight ; Risk To Ocean Economies ; Sustainable Oceans ; Water Resources
    Abstract: Marine and coastal resources are critical for human survival. The economies of many coastal developing countries and small island developing states rely heavily on maritime industries, associated trade, and tourism. In coastal and island developing countries, small-scale fisheries and other ocean sectors support a significant number of jobs and livelihood opportunities. Marine and coastal resources also provide critical ecosystem services on which the ocean economy relies. Yet historically, ocean-based sectors have expanded without sufficient consideration for sustainability, negatively impacting marine and coastal environments. Moreover, the negative impacts of climate change are exacerbating the serious threats posed to ocean economies. Coastal developing countries and small island developing state economies that heavily rely on tourism were negatively affected by COVID-19, and while there were some positive environmental effects, these have been short lived. Critical knowledge and skills gaps undermine the ability of many countries to sustainably manage their marine and coastal resources. Addressing the threats posed to marine and coastal resources is politically challenging since coastal areas attract many competing uses and diverging interests. The purpose of this evaluation is to assess how well the World Bank is supporting the sustainable and inclusive development of ocean and coastal economies to inform the future development of the blue economy approach
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  • 85
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Acquaculture Mismanagement ; Acquaculture Pollution ; Agriculture ; Coastal and Marine Environment ; Coastal and Marine Resources ; Discarded Fishing Equipment ; Environment ; Fisheries and Aquaculture ; Marine Plastic Debris ; Marine Plastic Pollution Mitigation ; Pollution Management and Control ; Water Resources
    Abstract: The Government of Indonesia's (GoI) National Plan of Action on Marine Plastic Debris (NPOA-MPD 2017-2025) outlines the ambitious objective of reducing marine plastic debris by seventy percent by 2025. Abandoned, Lost and Discarded Fishing Gear (ALDFG) is a major component of sea-based sources of marine debris, and is another important sea-based source of plastic leakage. The cultivation of marine and aquatic species, including seaweed, uses plastic components such as buoys, ropes, harvest bins and feed sacks. The primary pathways for plastic leakage from aquaculture include mismanagement, deliberate discharge, extreme weather and catastrophic events such as tsunamis. The impacts of fishery and aquaculture plastic pollution on the environment, economy, livelihoods and food security are significant. The scale of these impacts on fisheries, marine ecosystems and human users has prompted international action. Managing and mitigating plastic pollution from fisheries and aquaculture has the potential to contribute to Indonesia's marine plastic debris targets while also providing economic opportunities. This report presents options for reducing ALDFG and ALDAG in Indonesia, and improving the management and use of End-of-life fishing gear (EOLFG)
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  • 86
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Gender Assessment
    Keywords: Access and Equity in Basic Education ; Contraceptive Use ; Cutting ; Education ; Female Genital Mutilation ; Gender ; Gender and Health ; Gender and Law ; Gender and Poverty ; Gender-Based Violence ; Girls Education Status ; Maternal Health Access ; Social Conflict and Violence ; Social Development ; Women's Access To Health Services ; Women's Agency ; Women's Economic Opportunity
    Abstract: Evidence shows that Guinean women and girls face important barriers across all dimensions of well-being that prevent them from having access to opportunities on an equal footing with men. The poor agency of women and girls, as reflected in the high prevalence of discriminatory legal and social norms, translates into gaps in health, education, employment, and entrepreneurship, ultimately undermining their capacity to fulfill their potential and imposing important societal costs. This report presents a summary of the key challenges facing Guinean women and girls relative to men and boys. The report has a particular focus on early family formation, a common phenomenon in the country with important implications for girls' and women's well-being and opportunities in life. On the basis of this diagnostic and a review of evidence of what works, the report proposes some strategic lines of action to address the existing constraints and effectively empower Guinean women
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  • 87
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Economic Memorandum
    Keywords: Economic Diversification ; Economic Forecasting ; Economic Growth ; Inclusive Growth ; Macroeconomics and Economic Growth ; Private Sector ; Regional Integration
    Abstract: Timor-Leste has made important development gains since independence in 2002 but is now at a critical juncture. The government has successfully rebuilt public infrastructure, reduced poverty, and quickly built from scratch a network of functional public institutions. Despite these achievements, there is an urgent need for private sector-centered development that is not dependent on the oil sector. Receipts from sales of hydrocarbons have been the main source of government revenues, but their contribution to the economy is decreasing, raising the urgency for economic diversification. High public spending has not translated into strong and sustained economic growth. Furthermore, depleting oil reserves signal an urgency to reduce economic dependence on oil. The public sector-driven growth model has run its course and is fiscally unsustainable. The excessive public spending level led to an astronomical fiscal deficit of 45.3 percent of non-oil gross domestic product (GDP) in 2021. This fiscal stance entails significant risks that bring the country toward a damaging fiscal cliff in 2035. Albeit narrowing, there is a window of opportunity for the government to urgently implement the much-needed reforms in the next five years. There are several potential drivers for increased regional integration. These include the operationalization of the Tibar Bay port, the modernization of the Dili airport, the internet submarine cable installation, and the World Trade Organization (WTO) accession progress. Success requires a concerted and persistent government effort to address supply-side constraints, kick-start economic diversification, and boost export. This report provides an in-depth analysis of Timor-Leste's economic performance in recent decades and proposes policies to enhance growth. It highlights two key interrelated constraints to sustained and inclusive growth: the 'missing' private sector and the need to tap into the growth-enhancing benefits of international trade. Given the diminishing returns of public investments, pursuing a sustainable development path will require a shift toward a more dynamic, private sector-driven growth model. Furthermore, with the right combination of a supportive enabling environment and trade policies, Timor-Leste could capitalize on incipient and established comparative advantages for its exports. Accordingly, the reforms to support private sector development and expand exports have the potential to boost Timor-Leste's international competitiveness and improve economic diversification
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  • 88
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Keywords: Civil Service Reform Roadmap ; Conflict and Development ; Fiscal and Monetary Policy ; Fiscal Balance ; Fiscal Risk ; Government Revenue Composition ; Macro-Fiscal Development ; Macroeconomics and Economic Growth ; Post Conflict Reconstruction ; Public Expenditure Review ; Public Wage Bill ; Social Development ; Social Risk Management
    Abstract: Honduras remains one of the poorest and most unequal countries in the Western Hemisphere. Structural exposure to external shocks and natural hazards go hand in hand with high levels of crime, political instability, and a weak institutional and business environment. These problems have undermined the country's competitiveness and economic diversification, propelled emigration, and slowed progress toward raising incomes, reducing poverty, and tackling exclusion. Vulnerability to external shocks, natural hazards, and fiscal risks constitute important development challenges. The compound effect of the pandemic and two hurricanes in 2020 underscored the fragility of economic and poverty gains, and Honduras's exposure to potential reversals. Substantial fiscal risks coupled with insufficient risk management and inefficient and rigid public spending constrain the country's capacity to respond efficiently and effectively to shocks. The crucial challenge faced by Honduran policy makers is to reinforce fiscal resilience to achieve, to protect, and to sustain income and poverty gains. This Public Expenditure Review (PER) considers key fiscal challenges faced by policy makers to strengthen fiscal resilience and sustainability: significant fiscal risks and the high public wage bill
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  • 89
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Social Analysis
    Keywords: COVID-19 ; Disease Control and Prevention ; ECA ; Education ; Education Reform and Management ; Health and Education ; Health, Nutrition and Population ; Human Capital ; Resilience ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: Risk and uncertainty are on the rise, and countries across Europe and Central Asia (ECA) are not immune from it. The region is being hit by crises, conflicts, and continued uncertainty that are negatively affecting people's livelihoods in the short term and prosperity in the long term. Then COVID-19 hit, inflicting massive harm on people's wellbeing, livelihoods, and human capital. Lockdowns prevented people from working, school closures prevented students from learning, and overwhelmed hospitals had to defer important treatments. This report explores how to strengthen the resilience of health, education, and social protection systems to better protect people's human capital from the long-term effects of recurrent shocks and crises
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  • 90
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Economic Benefits ; Gender ; Gender and Development ; Gender Equality ; Gender-Based Violence ; Women's Employment
    Abstract: High commodity prices and the removal of COVID-19 restrictions spurred economic recovery in 2022. The government continued with fiscal consolidation to safeguard macroeconomic stability. Higher commodity prices contributed to higher inflation and stronger external balances. Economic growth is projected to slow down in 2023 due to lower global demand, supply constraints due to planned maintenance in extractive facilities and the delayed reopening of the Porgera gold mine. Further fiscal consolidation can become more challenging. As a step toward unleashing these economic benefits, the government can modernize the Employment Act and address gender-based violence (GBV) through increased enforcement of commitments and scaling-up interventions. Successful private sector initiatives that address GBV at the workplace, providing anti-harassment training and support services to those affected by GBV can be scaled-up. Similarly, interventions supporting women's employment through targeted outreach, skilling or access to networks can be sustained and expanded
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  • 91
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Poverty Assessment
    Keywords: COVID-19 ; Economic Growth ; GDP ; Macroeconomics and Economic Growth ; Pandemic
    Abstract: In Azerbaijan, economic growth was 4.6 percent in 2022, driven by non-energy sectors supported by recovering demand and fiscal expansion. Inflation accelerated sharply to 13.8 percent, driven by import prices. In the medium-term, growth is expected to moderate as non-energy sector growth returns to pre-COVID levels while the energy sector shrinks further. Risks to this outlook are balanced. This Macro Poverty Outlook presents GDP, debt and fiscal forecasts and examines the implications for critical economic and social concepts such as growth, poverty reduction and macroeconomic stability
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  • 92
    Language: English
    Pages: 1 Online-Ressource (122 pages)
    Series Statement: Europe and Central Asia Economic Update
    Parallel Title: Erscheint auch als
    Keywords: Cost-Of-Living ; Economic Forecasts ; Growth ; Inflation ; Policy Recommendations ; Poverty ; Uncertainty ; Vulnerability
    Abstract: Economic growth slowed sharply last year in Europe and Central Asia, as Russia's invasion of Ukraine, a surge in inflation, and the sharp tightening of monetary policy and financing conditions hit private consumption, investment, and trade. The marked increase in food and energy prices boosted inflation to a pace not seen in 20 years. The burden of inflation was spread unevenly across households. The poorest households faced inflation that was more than 2 percentage points higher than the inflation faced by the richest households, with this difference exceeding 5 percentage points in some countries. Poverty and inequality rates derived from household-specific inflation rates differ from those based on the standard consumer price index (CPI) approach. These differences have important policy implications, because many programs use CPI-based inflation adjustments, which do not accurately capture changes in the cost of living of targeted populations. Output growth in the region is projected to remain little changed in 2023 but better than projected in January 2023, largely reflecting upgrades to the pace of expansion in Poland, Russia, and Turkiye
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  • 93
    Language: English
    Pages: 1 Online-Ressource (45 pages)
    Parallel Title: Erscheint auch als Anukriti, S Filling the Gaps: Childcare Laws for Women's Economic Empowerment
    Keywords: Childcare Laws ; Female Labor Force Participation ; Gender and Development ; Gender and Economics ; Gender Inequality ; Gendered Division of Responsibility ; Gendered Employment ; Girls Education ; Women's Autonomy ; Women's Empowerment
    Abstract: This paper aims to provide global evidence on whether and what attributes of laws governing the provision of childcare services affect women's labor market outcomes. It merges country-year-level data from the World Bank's Women, Business and the Law database, which documents childcare laws across countries, with data on women's labor force participation from ILOSTAT. Using a difference-in-difference estimation framework, the analysis finds that the enactment of childcare laws increases women's labor force participation by 2 percent, on average. Moreover, the effect increases over time, reaching up to 4 percent five years after an enactment. This effect is driven by women who are married, have completed less than primary education, and are between the ages of 35 and 44. Lastly, regulation of the availability and affordability of childcare has a similar impact on female labor force participation, whereas the effect of quality regulation is smaller
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  • 94
    Language: English
    Pages: 1 Online-Ressource (39 pages)
    Parallel Title: Erscheint auch als Gomez, Maria DelMar The Economic Effects of Market Integration in the Western Balkans
    Keywords: European Union Accession ; International Economics and Trade ; Quantitative Spatial Models ; Regional Integration ; Trade Facilitation ; Western Balkans
    Abstract: In the Western Balkans, trade and transport policy reforms that reduce waiting time at the border by just three hours are equivalent to removing a value-based tariff of 2 percent. Reform gains are maximized when they are coordinated across economies and implemented jointly: cross-border coordination in the implementation of the package of national single window and other trade facilitation reforms would generate 8 percent higher gains than if each economy were to carry out the reforms autonomously. The impacts of trade reforms and improvements in road infrastructure would be further amplified if Western Balkan economies belonged to the European Union, which would result in an additional 6 percent boost to welfare. Moreover, the accession of Western Balkan economies to the European Union would have positive spillover welfare effects for countries such as Croatia, Bulgaria, Romania, and Hungary, and negligible effects for other EU members
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  • 95
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (53 pages)
    Parallel Title: Erscheint auch als Brudevold-Newman, Andrew Returns to Soft Skills Training in Rwanda
    Keywords: Employment and Unemployment ; Job Networking ; Labor Market Entry ; Labor Market Impact Evaluation ; Poverty Reduction ; Randomized Controlled Trial (RCT) ; Social Protections and Labor ; Soft Skills ; Transition From Work To School
    Abstract: Young adults seeking to enter the labor market often confront a skills mismatch with firms reporting difficulty finding new entrants with appropriate levels of soft skills. This paper reports findings from a randomized controlled trial in Rwanda in which recent graduates from tertiary education were randomly assigned to a two-week intensive soft skills training program developed and delivered by staff of the University of Rwanda. Results indicate that the program facilitated accelerated entry into the labor market in a period characterized by COVID-19-related disruptions. These effects dissipated over the following year as more jobs became available in the economy and the control group's employment caught up with that of the treatment group. The paper finds evidence of significant job network expansion for participants of the training, which could have led to faster labor market entry for the treated youth
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  • 96
    Language: English
    Pages: 1 Online-Ressource (39 pages)
    Parallel Title: Erscheint auch als Agnolucci, Paolo Measuring Total Carbon Pricing
    Keywords: Carbon Mitigation ; Carbon Tax ; Climate Change Economics ; Emissions Trading ; Fiscal Instrument ; Fossil Fuel Transition ; Fuel Subsidies ; Greenhouse Gas Emission Prices ; Macroeconomics and Economic Growth ; Sustainable Development ; Total Carbon Price
    Abstract: While countries increasingly commit to pricing greenhouse gases directly through carbon taxes or emissions trading systems, indirect forms of carbon pricing-such as fuel excise taxes and fuel subsidy reforms-remain important factors affecting the mitigation incentives in an economy. Taken together, how can policy makers think about the overall price signal for carbon emissions and the incentive it creates This paper develops a methodology for calculating a total carbon price applied to carbon emissions in a sector, fuel, or the whole economy. It recognizes that rarely is a single carbon price applied across an economy; many direct carbon pricing instruments target specific sectors or even fuels, much like indirect taxes on fossil fuels; and carbon and fuel taxes can be substituted one for another. Tracking progress on carbon pricing thus requires following both kinds of price interventions, their coverage, and specific exemptions. This inclusive total carbon pricing measure can facilitate progress in discussions on minimum carbon price commitments and inform assessments of the pricing of carbon embodied in traded goods. Calculations across 142 countries from 1991 to 2021 indicate that although direct carbon pricing now covers roughly a quarter of global emissions, the global total carbon price is not that much higher than it was in 1994 when the United Nations Framework Convention on Climate Change entered into force. Indirect carbon pricing still comprises the lion's share of the global total carbon price, and it has stagnated. Taking these policy measures into account reveals that many developing countries-particularly net fuel importers-contribute substantially to global carbon pricing. Tackling fuel subsidy reform and pricing coal and natural gas emissions more fully would have a profound effect on aligning carbon prices across countries and sectors and with their climate costs
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  • 97
    Language: English
    Pages: 1 Online-Ressource (62 pages)
    Parallel Title: Erscheint auch als D'Aoust, Olivia Territorial Productivity Differences and Dynamics within Latin American Countries
    Keywords: Capital Markets and Capital Flows ; Finance and Financial Sector Development ; Income Convergence ; Labor Earnings ; Location Effects ; Spatial Analysis ; Territorial Inequality ; Urbanization
    Abstract: The paper documents the evolution of territorial disparities in labor and location productivity in 14 countries in Latin America, using millions of observations from harmonized household surveys and censuses. Between the early 2000s and the late 2010s, most countries in the region experienced significant reductions in regional inequality as real labor incomes and location productivity premia converged at the first and second administrative levels. The leveling up reflected both the slowdown in productivity growth in affluent predominantly urban municipalities and the catchup of relatively poor, predominantly rural municipalities. Absolute convergence narrowed the labor income gaps with leading metropolitan areas, including the disparitites exploitable through migration, especially among the bottom 40 percent of households, as cities de-industrialized, yet continued to attract migrants. On the eve of the Covid-19 pandemic, income disparities with leading metropolitan areas remained high in nearly all countries, largely due to differences in educational attainment, but in a few countries, large differences in returns to endowments indicate potentially significant returns to migration to the leading metropolitan areas, especially for residents of relatively poor, remote regions. Rather than a clear rural-urban-metropolitan divide, in most countries the paper documents substantial overlap between the location-premia distributions of different types of second-level administrative areas and small differences between the average urban and rural place productivity premia
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  • 98
    Language: English
    Pages: 1 Online-Ressource (49 pages)
    Parallel Title: Erscheint auch als Dobbelaere, Sabien Firm Consolidation and Labor Market Outcomes
    Keywords: Health Insurance ; Health, Nutrition and Population ; Labor Market Outcome ; Labor Restructuring ; Takeover
    Abstract: Using rich administrative data from the Netherlands, this paper studies the consequences of firm consolidation for workers. For workers at acquired firms, takeovers are associated with an 8.5 percent drop in employment at the consolidated firm and a 2.6 percent drop in total labor income. These effects are persistent even four years later. The paper shows that the primary mechanism for this job loss is labor restructuring at consolidating firms. Workers with higher-than-expected pay relative to their human capital and workers with skills that are likely already present at acquirers are less likely to be retained
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  • 99
    Language: English
    Pages: 1 Online-Ressource (40 pages)
    Parallel Title: Erscheint auch als Timilsina, Govinda R Distributional Effects of Carbon Tax in Ethiopia: A Computable General Equilibrium Analysis
    Keywords: Carbon Policy and Trading ; Carbon Tax Revenue Distribution ; Climate Change ; Distributional Impact ; Environment ; GDP Reduction ; General Equilibrium Model ; Paris Climate Agreement ; Progressive Tax
    Abstract: Developing countries are increasingly giving attention to carbon pricing to reduce their emissions, particularly in meeting their nationally determined contribution under the Paris Climate Agreement. However, they would like to understand the potential economic, distributional, and environmental impacts of carbon pricing policies before they consider implementation. Using a computable general equilibrium model of Ethiopia, this study examines the effects of a hypothetical carbon tax (USD 20/total carbon dioxide) under several alternative schemes to recycle carbon tax revenue to the economy. The study finds that a carbon tax would be regressive in all schemes considered except those when the tax revenue is recycled, as a cash transfer, to household income groups either equally or inversely proportional to their incomes. The schemes that make the carbon tax progressive also cause a higher reduction of carbon dioxide emissions, thereby ensuring the alignment of equity and environmental outcomes of the carbon tax. However, these schemes are not necessarily economically efficient because they cause higher reductions of gross domestic product compared to other options considered
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  • 100
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (27 pages)
    Parallel Title: Erscheint auch als Pertev, Rasit Economics of Political Clientelism and Corruption - A Theoretical Pathway
    Keywords: Civil Unrest Provocation ; Conflict and Fragility ; Corruption Prevention ; Democracy and Growth ; Governance ; Patronal Politics ; Political Patronage ; Political Systems and Government ; Politics and Government ; Public Sector Governance
    Abstract: This paper proposes a preliminary economic model of political clientelism and corruption in developing countries with weak rule of law. It explains why this corruption is often chronic and persistent, and further examines its impact on fragility, conflict, and violence. The basic model is built in three stages: (i) political party strategies vis-a-vis clientelist options using a game-theoretical approach, (ii) strategies of using state repression and violence to complement electoral clientelism, and (iii) strategies of geographical/ethnic entities on remaining within a given republic or breaking away. The model predicts that the first clientelist party in power can monopolize government for long periods and further consolidate power by blending in state violence. Political clientelism and corruption are likely to provoke geographically distinct communities and movements to challenge the sovereignty and territorial integrity of the country concerned. The impact on fragility is predicted as greatest during monopolistic and dictatorial clientelism. Governance structures of inegalitarian or unjust local traditional authorities are shown to be an important independent factor provoking separatism. Separatist movements are predicted to be left leaning or egalitarian in the beginning of their struggle. As economies grow and shift away from a patronage-based private sector toward a productive one, individuals are likely to be protective of their enterprises and incomes against the aleatory decisions of a clientelist government. Therefore, a substantially enhanced investment in a productive private sector may likely be a better longer term anti-corruption strategy than exclusively focusing on governance, accountability, and accounting measures
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