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  • 2010-2014  (12)
  • 2005-2009  (14)
  • Washington, D.C : The World Bank  (26)
  • Economic development
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  • 1
    Online Resource
    Online Resource
    Can Agricultural Households Farm Their Way Out of Poverty? (2014)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (23 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Oseni, Gbemisola Can Agricultural Households Farm Their Way Out of Poverty?
    Keywords: 2010 - 2011 ; Landwirtschaftlicher Familienbetrieb ; Produktivität ; Haushaltsstatistik ; Panel ; Armut ; Nigeria
    Abstract: This paper examines the determinants of agricultural productivity and its link to poverty using nationally representative data from the Nigeria General Household Survey Panel, 2010/11. The findings indicate an elasticity of poverty reduction with respect to agricultural productivity of between 0.25 to 0.3 percent, implying that a 10 percent increase in agricultural productivity will decrease the likelihood of being poor by between 2.5 and 3 percent. To increase agricultural productivity, land, labor, fertilizer, agricultural advice, and diversification within agriculture are the most important factors. As commonly found in the literature, the results indicate the inverse-land size productivity relationship. More specifically, a 10 percent increase in harvested land size will decrease productivity by 6.6 percent, all else being equal. In a simulation exercise where land quality is assumed to be constant across small and large holdings, the results show that if farms in the top land quintile had half the median yield per hectare of farms in the lowest quintile, production of the top quintile would be 10 times higher. The higher overall values of harvests from larger land sizes are more likely because of cultivation of larger expanses of land, rather than from efficient production. It should be noted that having larger land sizes in itself is not positively correlated with a lower likelihood of being poor. This is not to say that having larger land sizes is not important for farming, but rather it indicates that increasing efficiency is the more important need that could lead to poverty reduction for agricultural households
    DOI: 10.1596/1813-9450-7093
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 2
    Online Resource
    Online Resource
    Tourism in Africa : harnessing tourism for growth and improved livelihoods (2014)
    Washington, D.C : The World Bank
    Details
    ISBN: 9781464801907 , 9781464801976
    Language: English
    Pages: Online-Ressource (xxvi, 295 pages) , illustrations, maps , 23 cm
    Edition: 2014 World Bank eLibrary
    Series Statement: Africa development forum series
    DDC: 338.47916
    RVK:
    QQ 920
    Keywords: Economic development ; Economic development Case studies ; Tourism ; Tourism Case studies ; Economic development ; Economic development Case studies ; Tourism ; Tourism Case studies ; Economic development ; Economic development ; Tourism ; Tourism
    Note: Includes bibliographical references and index
    DOI: 10.1596/978-1-4648-0190-7
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  • 3
    Online Resource
    Online Resource
    A measured approach to ending poverty and boosting shared prosperity : concepts, data, and the twin goals (2014)
    Washington, D.C : The World Bank
    Details
    ISBN: 9781464803611
    Language: English
    Pages: Online-Ressource (1 online resource (pages cm))
    Edition: Online-Ausg.
    Edition: 2015 World Bank eLibrary
    Parallel Title: Druckausg. A measured approach to ending poverty and boosting shared prosperity
    DDC: 338.91091724
    Keywords: Economic development International cooperation ; Poverty International cooperation ; Poverty Measurement ; Economic assistance ; Economic development International cooperation ; Poverty International cooperation ; Poverty Measurement ; Economic assistance ; Economic development International cooperation ; Poverty International cooperation ; Poverty Measurement ; Armut ; Entwicklung ; Tendenz ; Prognose ; Bekämpfung ; Wirtschaftswachstum ; Gemeinwohl ; Konzeption ; Wirtschaftspolitik ; Economic assistance ; Economic development ; Poverty ; Poverty ; Developing countries ; Developing countries Economic policy ; Developing countries Economic policy ; Developing countries Economic policy ; Erde
    Note: Includes bibliographical references and index. - Description based on print version record
    DOI: 10.1596/978-1-4648-0361-1
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  • 4
    Online Resource
    Online Resource
    Institutional Quality Mediates the Effect of Human Capital on Economic Performance (2014)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (37 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Adams-Kane, Jonathon Institutional Quality Mediates the Effect of Human Capital on Economic Performance
    Keywords: Institutionelle Infrastruktur ; Humankapital ; Bildungsertrag ; Einkommen ; Panel ; Momentenmethode
    Abstract: This paper considers the relationship between institutional quality, educational outcomes, and economic performance. More specifically, it seeks to establish the linkages by which government effectiveness affects per capita income, via its mediating effect on human capital formation. The empirical approach adopts a two-stage strategy that estimates national-level educational production functions that include government effectiveness as a covariate, and then uses these estimates as instruments for human capital in cross-country regressions of per capita income. The results identify a significant and positive effect of human capital on per capita income levels, and partially resolves the inconsistency between macro- and micro-level studies of the effect of human capital on income. The results also remain robust to alternative specifications, extension to a panel setting, subsamples of the data, and fully endogenous institutions
    DOI: 10.1596/1813-9450-6792
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  • 5
    Online Resource
    Online Resource
    Child Labor and Learning (2014)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (47 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Emerson, Patrick M Child Labor and Learning
    Keywords: Schüler ; Kinderarbeit ; Mikrodaten ; Lernen ; Panel ; Brasilien
    Abstract: This paper uses a unique micro panel dataset of Brazilian students to investigate the impact of working while in school on learning outcomes. The potential endogeneity is addressed through the use of difference-in-difference and instrumental variable estimators. A negative effect of working on learning outcomes in math and Portuguese is found. The effects of child work range from 3 to 8 percent of a standard deviation decline in test score, which represents a loss of about a quarter to a half of a year of learning on average
    DOI: 10.1596/1813-9450-6904
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  • 6
    Online Resource
    Online Resource
    Welfare Dynamics Measurement : Two Definitions of a Vulnerability Line and Their Empirical Application (2014)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (52 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Dang, Hai-Anh H Welfare Dynamics Measurement
    Keywords: 2004 - 2009 ; Armut ; Soziale Mobilität ; Mittelschicht ; Panel ; USA ; Indien ; Vietnam
    Abstract: Little research currently exists on a vulnerability line that distinguishes the poor population from the population that is not poor but that still faces significant risk of falling back into poverty. This paper attempts to fill this gap by proposing vulnerability lines that can be straightforwardly estimated with panel or cross-sectional household survey data, in rich- and poor-country settings. These vulnerability lines offer a means to broaden traditional poverty analysis and can also assist with the identification of the middle class or resilient population groups. Empirical illustrations are provided using panel data from the United States (Panel Study of Income Dynamics) and Vietnam (Vietnam Household Living Standards Survey) for the period 2004-2008 and cross-sectional data from India (National Sample Survey) for the period 2004-2009. The estimation results indicate that in Vietnam and India during this time period, the population living in poverty and the middle class have been falling and expanding, respectively, while the opposite has been occurring in the United States
    DOI: 10.1596/1813-9450-6944
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  • 7
    Online Resource
    Online Resource
    Who Remained in Poverty, Who Moved up, and Who Fell Down? : An Investigation of Poverty Dynamics in Senegal in the Late 2000s (2014)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (56 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Dang, Hai-Anh H Who Remained in Poverty, Who Moved up, and Who Fell Down?
    Keywords: 2005 - 2011 ; Armut ; Soziale Mobilität ; Panel ; Senegal
    Abstract: Poverty estimates based on cross-section data provide static snapshots of poverty rates. Although a time series of cross-section data can offer some insights into poverty trends, it does not allow for an assessment of dynamics at the household level. Such a dynamic perspective on poverty generally calls for panel data and this kind of analysis can usefully inform poverty reduction policy, notably the design of social protection interventions. Absent actual panel data for Senegal, this paper applies new statistical methods to construct synthetic panel data from two rounds of cross-section household surveys in 2005 and 2011. These data are used to study poverty transitions. The results suggest that, in marked contrast to the picture obtained from cross-section data, there exists a great deal of mobility in and out of poverty during this period. More than half the population experiences changes in its poverty status and more than two-thirds of the extreme (food) poor move up one or two welfare categories. Factors such as rural residence, disability, exposure to some kind of natural disaster, and informality in the labor market are associated with a heightened risk of falling into poverty. Belonging to certain ethnicities and factors such as migration, working in the non-agriculture sector, and having access to social capital are associated with a lower risk of falling into poverty
    DOI: 10.1596/1813-9450-7141
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 8
    Online Resource
    Online Resource
    Afghanistan in transition : looking beyond 2014 (2013)
    Washington, D.C : The World Bank
    Details
    ISBN: 9780821398616
    Language: English
    Pages: Online-Ressource
    Edition: 2014 World Bank eLibrary
    DDC: 330.9581
    Keywords: Economic development ; Postwar reconstruction ; Economic development ; Postwar reconstruction ; Economic development ; Postwar reconstruction ; Afghanistan ; Afghanistan ; Afghanistan ; Afghanistan ; Afghanistan Economic conditions 21st century ; Afghanistan Economic policy ; Afghanistan History 2001- ; Afghanistan Politics and government 2001- ; Afghanistan Economic conditions 21st century ; Afghanistan Economic policy ; Afghanistan History 2001- ; Afghanistan Politics and government 2001-
    Note: Includes bibliographical references
    DOI: 10.1596/978-0-8213-9861-6
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 9
    Online Resource
    Online Resource
    Entrepreneurship in Latin America : a step up the social ladder? (2013)
    Washington, D.C : The World Bank
    Details
    ISBN: 9781464800085
    Language: English
    Pages: Online-Ressource
    Edition: 2014 World Bank eLibrary
    Series Statement: Latin American development forum series
    DDC: 338/.04098
    Keywords: Economic development ; Entrepreneurship Social aspects ; Social mobility ; Economic development ; Entrepreneurship Social aspects ; Social mobility ; Economic development ; Entrepreneurship ; Social mobility
    Note: "A copublication of the Inter-American Development Bank and the World Bank , Includes bibliographical references and index
    DOI: 10.1596/978-1-4648-0008-5
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  • 10
    Online Resource
    Online Resource
    Developing skills for economic transformation and social harmony in China : a study of Yunnan Province (2013)
    Washington, D.C : The World Bank
    Details
    ISBN: 9781464800795
    Language: English
    Pages: Online-Ressource
    Edition: 2014 World Bank eLibrary
    DDC: 331.25/92095135
    Keywords: Economic development ; Manpower policy ; Occupational training ; Vocational education ; Economic development ; Manpower policy ; Occupational training ; Vocational education ; Economic development ; Manpower policy ; Occupational training ; Vocational education
    Note: Includes bibliographical references and index
    DOI: 10.1596/978-1-4648-0079-5
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  • 11
    Online Resource
    Online Resource
    Assessing Real Exchange Rate Misalignments (2011)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (73 p)
    Edition: 2011 World Bank eLibrary
    Parallel Title: Kubota, Megumi Assessing Real Exchange Rate Misalignments
    Keywords: 1971-2005 ; Kaufkraftparität ; Wechselkurspolitik ; Offene Volkswirtschaft ; Probit-Modell ; Tobit-Modell ; Panel ; Welt
    Abstract: There is a renewed debate on the role of exchange rate policies as an industrial policy tool in both academic and policy circles. Policy practitioners usually examine real exchange rate misalignments to monitor the behavior of this key relative price and, if possible, exploit distortions in the traded and non-traded relative price to promote growth. Anecdotal evidence shows that some countries have pursued very active exchange rate policies to promote the export sector and enhance growth by undervaluing their currencies. The main goal of this paper is to provide a systematic characterization of real exchange rate undervaluations. The long-run real exchange rate equation is estimated using: (a) Johansen time series cointegration estimates, and (b) pooled mean group estimates for non-stationary panel data. The paper constructs a dataset of real undervaluation episodes. It first evaluates whether (and if so, to what extent) economic policies can be used to either cause or sustain real undervaluations. In this context the paper empirically models the likelihood and magnitude of sustaining real exchange rate undervaluations by examining their link to policy instruments (such as exchange rate regimes and capital controls, among other policies) using probit and Tobit models. Finally, it investigates whether foreign exchange intervention can generate persistent real exchange rate deviations from equilibrium. In general, it finds that intervention can lead to greater persistence in the incidence and magnitude of real exchange rate undervaluations
    DOI: 10.1596/1813-9450-5925
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  • 12
    Online Resource
    Online Resource
    Is the Level of Financial Sector Development A Key Determinant of Private Investment in the Power Sector ? (2010)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (31 p)
    Edition: 2010 World Bank eLibrary
    Parallel Title: Noumba Um, Paul Is the Level of Financial Sector Development A Key Determinant of Private Investment in the Power Sector ?
    Keywords: Öffentlich-private Partnerschaft ; Versorgungswirtschaft ; Wirtschaftswachstum ; Panel ; Entwicklungsländer
    Abstract: This paper seeks to assess the extent to which a country's overall level of development and that of its financial sector, in particular, are factors that attract private capital into infrastructure projects. The authors investigate these effects in a 1990-2007 dataset on the power sector in 37 developing countries. The results suggest that economic growth is a key determinant of private investors' investment in infrastructure projects, and that investors tend to take countries’ governance quality into account in their decisions to invest. The empirical results highlight that the development of the financial sector also plays a significant role in private investors' decisions to enter infrastructure sectors. In particular, the degree of country risk and exchange rate volatility is found to be negatively related to the volume of private sector investment in power projects. Furthermore, when the banking sector and the capital market are separately treated in the analysis, the existence of a well functioning capital market is the main attracting factor. In addition, the existence of an independent energy regulatory authority significantly improves the level of private investors' implication in energy projects. When accounting for the interactions between the overall economic development and the financial sector development variables, the effects of these variables are still significant and the results also confirm the importance of an independent energy sector regulator
    DOI: 10.1596/1813-9450-5373
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  • 13
    Online Resource
    Online Resource
    License To Sell : The Effect of Business Registration Reform On Entrepreneurial Activity In Mexico (2008)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (54 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Bruhn, Miriam License To Sell
    Keywords: Business Environment ; Business Registration ; Business entry ; Business in Development ; Business regulation ; Businesses ; Competitiveness and Competition Policy ; E-Business ; Economic development ; Labor Policies ; License ; Private Sector ; Private Sector Development ; Public Sector Development ; Results ; Social Protections and Labor ; Uses ; Web ; Business Environment ; Business Registration ; Business entry ; Business in Development ; Business regulation ; Businesses ; Competitiveness and Competition Policy ; E-Business ; Economic development ; Labor Policies ; License ; Private Sector ; Private Sector Development ; Public Sector Development ; Results ; Social Protections and Labor ; Uses ; Web ; Business Environment ; Business Registration ; Business entry ; Business in Development ; Business regulation ; Businesses ; Competitiveness and Competition Policy ; E-Business ; Economic development ; Labor Policies ; License ; Private Sector ; Private Sector Development ; Public Sector Development ; Results ; Social Protections and Labor ; Uses ; Web
    Abstract: This paper studies the effect of business registration regulation on economic activity using micro-level data. The identification strategy exploits the fact that a recent business registration reform in Mexico was introduced in different municipalities at different points in time. Using panel data from the Mexican employment survey, I find that the reform increased the number of registered businesses by 5 percent in eligible industries. This increase was due to former wage earners opening businesses. Former unregistered business owners were not more likely to register their business after the reform. Moreover, employment in eligible industries went up by 2.8 percent, and people who were previously unemployed or out of the labor force were more likely to work as wage earners after the reform. Finally, the results imply that the competition from new entrants lowered prices by 0.6 percent and decreased the income of incumbent businesses by 3.2 percent
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  • 14
    Online Resource
    Online Resource
    Sovereign Rents And The Quality of Tax Policy And Administration (2008)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (28 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Knack, Stephen Sovereign Rents And The Quality of Tax Policy And Administration
    Keywords: Banks and Banking Reform ; Bureaucratic quality ; Country risk ; Debt Markets ; Developing countries ; Development Economics and Aid Effectiveness ; Economic Theory and Research ; Economic development ; Emerging Markets ; Finance and Financial Sector Development ; Governance ; Governance Indicators ; Health, Nutrition and Population ; Human development ; International bank ; Law and Development ; Macroeconomics and Economic Growth ; Po ; Private Sector Development ; Rule of law ; Tax ; Tax Law ; Tax policy ; Tax systems ; Taxation and Subsidies ; Banks and Banking Reform ; Bureaucratic quality ; Country risk ; Debt Markets ; Developing countries ; Development Economics and Aid Effectiveness ; Economic Theory and Research ; Economic development ; Emerging Markets ; Finance and Financial Sector Development ; Governance ; Governance Indicators ; Health, Nutrition and Population ; Human development ; International bank ; Law and Development ; Macroeconomics and Economic Growth ; Po ; Private Sector Development ; Rule of law ; Tax ; Tax Law ; Tax policy ; Tax systems ; Taxation and Subsidies ; Banks and Banking Reform ; Bureaucratic quality ; Country risk ; Debt Markets ; Developing countries ; Development Economics and Aid Effectiveness ; Economic Theory and Research ; Economic development ; Emerging Markets ; Finance and Financial Sector Development ; Governance ; Governance Indicators ; Health, Nutrition and Population ; Human development ; International bank ; Law and Development ; Macroeconomics and Economic Growth ; Po ; Private Sector Development ; Rule of law ; Tax ; Tax Law ; Tax policy ; Tax systems ; Taxation and Subsidies
    Abstract: The availability of windfall revenues from natural resource exports or foreign aid potentially weakens governments' incentives to design efficient tax systems. Cross-country data for developing countries provide evidence for this hypothesis, using a World Bank indicator of "efficiency of revenue mobilization." Aid's negative effects on the quality of tax systems are robust to correcting for potential reverse causality, to changes in the sample, and to alternative estimation methods. Fuel export revenues are also associated with lower-quality tax policy and administration, but this finding is somewhat sensitive to outliers. Non-fuel resource exports, in contrast, show no relationship to the efficiency of revenue mobilization
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  • 15
    Online Resource
    Online Resource
    Mineral-Rich Countries And Dutch Disease : Understanding The Macroeconomic Implications of Windfalls And The Development Prospects-The Case of Equatorial Guinea (2008)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (37 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Toto Same, Achille Mineral-Rich Countries And Dutch Disease
    Keywords: Access to Finance ; Banks and Banking Reform ; Currencies and Exchange Rates ; Currency ; Debt Markets ; Deposits ; Economic Developments ; Economic Theory and Research ; Economic development ; Finance and Financial Sector Development ; Fiscal policy ; Gross domestic product ; International Bank ; Macroeconomics and Economic Growth ; Oil boom ; Public finance ; Transparency ; Access to Finance ; Banks and Banking Reform ; Currencies and Exchange Rates ; Currency ; Debt Markets ; Deposits ; Economic Developments ; Economic Theory and Research ; Economic development ; Finance and Financial Sector Development ; Fiscal policy ; Gross domestic product ; International Bank ; Macroeconomics and Economic Growth ; Oil boom ; Public finance ; Transparency ; Access to Finance ; Banks and Banking Reform ; Currencies and Exchange Rates ; Currency ; Debt Markets ; Deposits ; Economic Developments ; Economic Theory and Research ; Economic development ; Finance and Financial Sector Development ; Fiscal policy ; Gross domestic product ; International Bank ; Macroeconomics and Economic Growth ; Oil boom ; Public finance ; Transparency
    Abstract: Referring to the original context of Dutch Disease, the term refers to the fears of de-industrialization that gripped the Netherlands as a result of the appreciation of the Dutch currency that followed the discovery of natural gas deposits. Expansion of petroleum exports in the 1960s not only crowded out other exports, it actually reduced other exports disproportionately and fueled the fears of dire consequences for Dutch manufacturing. In the case of Equatorial Guinea, the secondary sector represents about 2 percent of the gross domestic product, manufacturing represents less than 1 percent, and oil represents more than 95 percent. The negative impact of the Dutch Disease in this context would be limited given the structure of the economy and on the contrary may even be a good thing because it fuels the structural transformational process of the economy, which is needed in Equatorial Guinea. This paper argues that the ongoing Dutch Disease is a natural and necessary reallocation of resources in the economy of Equatorial Guinea. The magnitude of negative macroeconomic consequences of the Dutch Disease depends on the country's economic structure and stage of development. In a country where the manufacturing sector barely exists or where the non-oil primary sector is structurally deficient, as has been the case of Equatorial Guinea, there is little to fear about the disease. The oil boom is a blessing, given that oil revenues when properly managed can play a special and critical role in overall economic development and poverty reduction in low-income countries. To promote good governance in the management of the country's oil wealth, the government may wish to adhere to clear standards of accountability and transparency; especially by complying with the Extractive Industries Transparency Initiative (EITI++)
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  • 16
    Online Resource
    Online Resource
    Benchmarking Financial Development (2008)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (47 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Beck, Thorsten Benchmarking Financial Development
    Keywords: Access to Finance ; Bond ; Bond market ; Debt Markets ; Economic Theory & Research ; Economic development ; Emerging Markets ; Finance and Financial Sector Development ; Financial development ; Financial institutions ; Financial markets ; Financial system ; Financial systems ; International bank ; Private Sector Development ; Returns ; Access to Finance ; Bond ; Bond market ; Debt Markets ; Economic Theory & Research ; Economic development ; Emerging Markets ; Finance and Financial Sector Development ; Financial development ; Financial institutions ; Financial markets ; Financial system ; Financial systems ; International bank ; Private Sector Development ; Returns ; Access to Finance ; Bond ; Bond market ; Debt Markets ; Economic Theory & Research ; Economic development ; Emerging Markets ; Finance and Financial Sector Development ; Financial development ; Financial institutions ; Financial markets ; Financial system ; Financial systems ; International bank ; Private Sector Development ; Returns
    Abstract: Capitalizing on recent improvements in the availability of cross-country financial sector data, this paper proposes a standard methodology for benchmarking the policy component of financial development. Systematic controls are introduced to isolate main structural country characteristics and a principal components analysis is used to help identify a parsimonious set of ten "core" outcome indicators from a broader set of twenty seven potential indicators covering different dimensions of development in both financial institutions and financial markets. Such a broad-based approach helps reveal important determinants and regularities of the process of financial development. The paper also identifies some of the main data gaps that will need to be filled to allow further progress in financial benchmarking looking forward
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  • 17
    Online Resource
    Online Resource
    Factors Affecting Levels of International Cooperation In Carbon Abatement Projects (2008)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (40 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Dinar, Ariel Factors Affecting Levels of International Cooperation In Carbon Abatement Projects
    Keywords: Abatement ; C ; Carbon ; Carbon dioxide ; Clean development mechanism ; Climate change ; Debt Markets ; Economic Theory and Research ; Economic development ; Economics ; Emerging Markets ; Emission reductions ; Emissions ; Energy ; Energy Production and Transportation ; Energy and Environment ; Environment ; Environment and Energy Efficiency ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Information and Communication Technologies ; Macroeconomics and Economic Growth ; Private Sector Development ; Sustainable development ; Abatement ; C ; Carbon ; Carbon dioxide ; Clean development mechanism ; Climate change ; Debt Markets ; Economic Theory and Research ; Economic development ; Economics ; Emerging Markets ; Emission reductions ; Emissions ; Energy ; Energy Production and Transportation ; Energy and Environment ; Environment ; Environment and Energy Efficiency ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Information and Communication Technologies ; Macroeconomics and Economic Growth ; Private Sector Development ; Sustainable development ; Abatement ; C ; Carbon ; Carbon dioxide ; Clean development mechanism ; Climate change ; Debt Markets ; Economic Theory and Research ; Economic development ; Economics ; Emerging Markets ; Emission reductions ; Emissions ; Energy ; Energy Production and Transportation ; Energy and Environment ; Environment ; Environment and Energy Efficiency ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Information and Communication Technologies ; Macroeconomics and Economic Growth ; Private Sector Development ; Sustainable development
    Abstract: The Clean Development Mechanism, a provision of The Kyoto Protocol, allows countries that have pledged to reduce their greenhouse gas emissions to gain credit toward their treaty obligations by investing in projects located in developing (host) countries. Such projects are expected to benefit both parties by providing low-cost abatement opportunities for the investor-country, while facilitating capital and technology flows to the host country. This paper analyzes the Clean Development Mechanism market, emphasizing the cooperation aspects between host and investor countries. The analysis uses a dichotomous (yes/no) variable and three continuous variants to measure the level of cooperation, namely the number of joint projects, the volume of carbon dioxide abatement, and the volume of investment in the projects. The results suggest that economic development, institutional development, the energy structure of the economies, the level of country vulnerability to various climate change effects, and the state of international relations between the host and investor countries are good predictors of the level of cooperation in Clean Development Mechanism projects. The main policy conclusions include the importance of simplifying the project regulation/clearance cycle; improving the governance structure host and investor countries; and strengthening trade or other long-term economic activities that engage the countries
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  • 18
    Online Resource
    Online Resource
    The Econometrics of Finance And Growth (2008)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (45 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Beck, Thorsten The Econometrics of Finance And Growth
    Keywords: Access to Finance ; Debt Markets ; Economic Theory and Research ; Economic development ; Economic growth ; External finance ; Finance and Financial Sector Development ; Financial development ; Financial institutions ; Financial sector development ; Information asymmetries ; International Bank ; Macroeconomics and Economic Growth ; Payment services ; Poverty Reduction ; Pro-Poor Growth ; Science and Technology Development ; Statistical and Mathematical Sciences ; Transaction costs ; Access to Finance ; Debt Markets ; Economic Theory and Research ; Economic development ; Economic growth ; External finance ; Finance and Financial Sector Development ; Financial development ; Financial institutions ; Financial sector development ; Information asymmetries ; International Bank ; Macroeconomics and Economic Growth ; Payment services ; Poverty Reduction ; Pro-Poor Growth ; Science and Technology Development ; Statistical and Mathematical Sciences ; Transaction costs ; Access to Finance ; Debt Markets ; Economic Theory and Research ; Economic development ; Economic growth ; External finance ; Finance and Financial Sector Development ; Financial development ; Financial institutions ; Financial sector development ; Information asymmetries ; International Bank ; Macroeconomics and Economic Growth ; Payment services ; Poverty Reduction ; Pro-Poor Growth ; Science and Technology Development ; Statistical and Mathematical Sciences ; Transaction costs
    Abstract: This paper reviews different econometric methodologies to assess the relationship between financial development and growth. It illustrates the identification problem, which is at the center of the finance and growth literature, using the example of a simple Ordinary Least Squares estimation. It discusses cross-sectional and panel instrumental variable approaches to overcome the identification problem. It presents the time-series approach, which focuses on the forecast capacity of financial development for future growth rates, and differences-in-differences techniques that try to overcome the identification problem by assessing the differential effect of financial sector development across states with different policies or across industries with different needs for external finance. Finally, it discusses firm-level and household approaches that allow analysts to dig deeper into the channels and mechanisms through which financial development enhances growth and welfare, but pose their own methodological challenges
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  • 19
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    The Process of Financial Development : A Statistical View From The FSAP Program (2008)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (44 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ize, Alain The Process of Financial Development
    Keywords: Banks & Banking Reform ; Corporate governance ; Debt Markets ; Economic development ; Emerging Markets ; Finance and Financial Sector Development ; Financial development ; Financial system ; Financial systems ; Income level ; International bank ; Labor Policies ; Moral hazard ; Private Sector Development ; Property rights ; Social Protections and Labor ; Trading ; Banks & Banking Reform ; Corporate governance ; Debt Markets ; Economic development ; Emerging Markets ; Finance and Financial Sector Development ; Financial development ; Financial system ; Financial systems ; Income level ; International bank ; Labor Policies ; Moral hazard ; Private Sector Development ; Property rights ; Social Protections and Labor ; Trading ; Banks & Banking Reform ; Corporate governance ; Debt Markets ; Economic development ; Emerging Markets ; Finance and Financial Sector Development ; Financial development ; Financial system ; Financial systems ; Income level ; International bank ; Labor Policies ; Moral hazard ; Private Sector Development ; Property rights ; Social Protections and Labor ; Trading
    Abstract: This paper uses a simple statistical approach to exploit some of the wealth of information contained in FSAP reports. The authors classify and count FSAP recommendations along a logical grid that reflects the fabric of financial activity and the ways in which states organize their policies in support of financial development. With some caveats reflecting the inherent limitations of the exercise, this analysis provides a simple monitoring tool to help understand the nature and evolution of the FSAP program. At the same time, it throws light on the nuts and bolts of the process of financial development and its inter-linkages with economic development. While many of the findings conform well to what one would expect, others are more surprising and also potentially more useful for understanding the inner workings of financial development
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  • 20
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    The Causes of Civil War (2007)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (33 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Reynal-Querol, Marta The Causes of Civil War
    Keywords: Civil War ; Civil wars ; Conflict ; Conflict and Development ; Economic development ; Emerging Markets ; Health, Nutrition and Population ; Labor Policies ; Nations ; Peace ; Peace and Peacekeeping ; Police ; Population Policies ; Post Conflict Reconstruction ; Private Sector Development ; Property rights ; Rebels ; Rule of law ; Social Protections and Labor ; Civil War ; Civil wars ; Conflict ; Conflict and Development ; Economic development ; Emerging Markets ; Health, Nutrition and Population ; Labor Policies ; Nations ; Peace ; Peace and Peacekeeping ; Police ; Population Policies ; Post Conflict Reconstruction ; Private Sector Development ; Property rights ; Rebels ; Rule of law ; Social Protections and Labor ; Civil War ; Civil wars ; Conflict ; Conflict and Development ; Economic development ; Emerging Markets ; Health, Nutrition and Population ; Labor Policies ; Nations ; Peace ; Peace and Peacekeeping ; Police ; Population Policies ; Post Conflict Reconstruction ; Private Sector Development ; Property rights ; Rebels ; Rule of law ; Social Protections and Labor
    Abstract: The dominant hypothesis in the literature that studies conflict is that poverty is the main cause of civil wars. We instead analyze the effect of institutions on civil war, controlling for income per capita. In our set up, institutions are endogenous and colonial origins affect civil wars through their legacy on institutions. Our results indicate that institutions, proxied by the protection of property rights, rule of law and the efficiency of the legal system, are a fundamental cause of civil war. In particular, an improvement in institutions from the median value in the sample to the 75th percentile is associated with a 38 percentage points' reduction in the incidence of civil wars. Moreover, once institutions are included as explaining civil wars, income does not have any effect on civil war, either directly or indirectly
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  • 21
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    Trade Costs, Barriers To Entry, And Export Diversification In Developing Countries (2007)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (42 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Dennis, Allen Trade Costs, Barriers To Entry, And Export Diversification In Developing Countries
    Keywords: CDI ; Communities & Human Settlements ; DIO ; Disclosure ; Economic development ; Housing and Human Habitats ; ID ; International Bank ; RCD ; Trade facilitation ; CDI ; Communities & Human Settlements ; DIO ; Disclosure ; Economic development ; Housing and Human Habitats ; ID ; International Bank ; RCD ; Trade facilitation ; CDI ; Communities & Human Settlements ; DIO ; Disclosure ; Economic development ; Housing and Human Habitats ; ID ; International Bank ; RCD ; Trade facilitation
    Abstract: This paper finds that a 1 percent reduction in the cost of exporting or the cost of international transport is associated with an export diversification gain of 0.3 percent or 0.4 percent respectively. Lower domestic market entry costs can also promote diversification, but the elasticity is weaker (-0.1). To obtain these results, the authors construct new measures of export diversification for 118 developing countries using highly detailed 8-digit mirror data from the European Union. The analysis also incorporates new export cost data from the World Bank's Doing Business database, covering document preparation, inland transport, administrative fees, and port/customs charges. Findings are highly robust, including to the use of geography and colonial history as instruments for trade and entry costs. Both the signs and relative magnitudes of these effects are consistent with predictions from a heterogeneous firms model of trade with asymmetric costs
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  • 22
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    Governance Indicators : Where Are We, Where Should We Be Going ? (2007)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (45 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Kaufmann, Daniel Governance Indicators
    Keywords: Anticorruption ; Citizens ; Economic development ; Global Governance ; Good governance ; Governance ; Governance Indicators ; Governance Indicators ; Governance outcomes ; Measurement error ; Measuring governance ; National Governance ; Rule of law ; Anticorruption ; Citizens ; Economic development ; Global Governance ; Good governance ; Governance ; Governance Indicators ; Governance Indicators ; Governance outcomes ; Measurement error ; Measuring governance ; National Governance ; Rule of law ; Anticorruption ; Citizens ; Economic development ; Global Governance ; Good governance ; Governance ; Governance Indicators ; Governance Indicators ; Governance outcomes ; Measurement error ; Measuring governance ; National Governance ; Rule of law
    Abstract: Scholars, policymakers, aid donors, and aid recipients acknowledge the importance of good governance for development. This understanding has spurred an intense interest in more refined, nuanced, and policy-relevant indicators of governance. In this paper we review progress to date in the area of measuring governance, using a simple framework of analysis focusing on two key questions: (i) what do we measure? and, (ii) whose views do we rely on? For the former question, we distinguish between indicators measuring formal laws or rules 'on the books', and indicators that measure the practical application or outcomes of these rules 'on the ground', calling attention to the strengths and weaknesses of both types of indicators as well as the complementarities between them. For the latter question, we distinguish between experts and survey respondents on whose views governance assessments are based, again highlighting their advantages, disadvantages, and complementarities. We also review the merits of aggregate as opposed to individual governance indicators. We conclude with some simple principles to guide the refinement of existing governance indicators and the development of future indicators. We emphasize the need to: transparently disclose and account for the margins of error in all indicators; draw from a diversity of indicators and exploit complementarities among them; submit all indicators to rigorous public and academic scrutiny; and, in light of the lessons of over a decade of existing indicators, to be realistic in the expectations of future indicators
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  • 23
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    China And The Knowledge Economy : Challenges And Opportunities (2007)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (38 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Zeng, Douglas Zhihua China And The Knowledge Economy
    Keywords: Debt Markets ; E-Business ; Economic development ; Economic growth ; Economic incentives ; Emerging Markets ; Environment ; Environmental Economics and Policies ; Farms ; Finance and Financial Sector Development ; Health, Nutrition and Population ; Labor force ; Market competition ; Policy environment ; Policy instruments ; Population Policies ; Private Sector Development ; Property rights ; Quotas ; Debt Markets ; E-Business ; Economic development ; Economic growth ; Economic incentives ; Emerging Markets ; Environment ; Environmental Economics and Policies ; Farms ; Finance and Financial Sector Development ; Health, Nutrition and Population ; Labor force ; Market competition ; Policy environment ; Policy instruments ; Population Policies ; Private Sector Development ; Property rights ; Quotas ; Debt Markets ; E-Business ; Economic development ; Economic growth ; Economic incentives ; Emerging Markets ; Environment ; Environmental Economics and Policies ; Farms ; Finance and Financial Sector Development ; Health, Nutrition and Population ; Labor force ; Market competition ; Policy environment ; Policy instruments ; Population Policies ; Private Sector Development ; Property rights ; Quotas
    Abstract: The rapid pace of economic growth in China has been unprecedented since the start of economic reforms in late 1970s. It has delivered higher incomes and made the largest single contribution to global poverty reduction. Measured by international poverty lines, from 1978-2004, the absolute poor population in rural areas has dropped from 250 million to 26.1 million. Such gains are impressive and have been driven largely by a set of market-oriented institutional reforms, strong investment, and effective adoption and application of various knowledge and technologies, especially foreign ones through trade and foreign direct investment. While enjoying tremendous success, China also faces many challenges that need to be addressed to sustain its long-term development. These include weak institutions, low overall educational attainment, weak indigenous innovation capacity, poor links between research and development and industries, and so on. This paper provides an analysis of some strengths, weaknesses, opportunities, and challenges to China's knowledge economy in the areas of economic incentives and institutional regime, human capital, innovation system, and information infrastructure
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  • 24
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    Poverty, Social Divisions, And Conflict In Nepal (2007)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (40 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Iyer, Lakshmi Poverty, Social Divisions, And Conflict In Nepal
    DDC: 360
    Keywords: Armed Conflict ; Civil war ; Civil wars ; Conflict ; Conflict and Development ; Conflicts ; Deaths ; Economic development ; Health, Nutrition and Population ; Polarization ; Population Policies ; Post Conflict Reconstruction ; Poverty Reduction ; Rebel ; Services and Transfers to Poor ; Social Conflict and Violence ; Social Development ; Violence ; Violent conflict ; Armed Conflict ; Civil war ; Civil wars ; Conflict ; Conflict and Development ; Conflicts ; Deaths ; Economic development ; Health, Nutrition and Population ; Polarization ; Population Policies ; Post Conflict Reconstruction ; Poverty Reduction ; Rebel ; Services and Transfers to Poor ; Social Conflict and Violence ; Social Development ; Violence ; Violent conflict ; Armed Conflict ; Civil war ; Civil wars ; Conflict ; Conflict and Development ; Conflicts ; Deaths ; Economic development ; Health, Nutrition and Population ; Polarization ; Population Policies ; Post Conflict Reconstruction ; Poverty Reduction ; Rebel ; Services and Transfers to Poor ; Social Conflict and Violence ; Social Development ; Violence ; Violent conflict
    Abstract: The authors conduct an econometric analysis of the economic and social factors which contributed to the spread of violent conflict in Nepal. They find that conflict intensity is significantly higher in places with greater poverty and lower levels of economic development. Violence is higher in locations that favor insurgents, such as mountains and forests. The authors find weaker evidence that caste divisions in society are correlated with the intensity of civil conflict, while linguistic diversity has little impact
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  • 25
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    How Might Climate Change Affect Economic Growth In Developing Countries ? : A Review of The Growth Literature With A Climate Lens (2007)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (54 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Lecocq, Franck How Might Climate Change Affect Economic Growth In Developing Countries ?
    Keywords: Climate Change ; Climate Change ; Economic Growth ; Economic Growth ; Economic Theory and Research ; Economic development ; Economics ; Emissions ; Environment ; Environmental Economics and Policies ; Equilibrium ; Forestry ; Greenhouse gases ; Macroeconomics and Economic Growth ; Poverty Reduction ; Pro-Poor Growth ; Resource allocation ; Returns to scale ; Climate Change ; Climate Change ; Economic Growth ; Economic Growth ; Economic Theory and Research ; Economic development ; Economics ; Emissions ; Environment ; Environmental Economics and Policies ; Equilibrium ; Forestry ; Greenhouse gases ; Macroeconomics and Economic Growth ; Poverty Reduction ; Pro-Poor Growth ; Resource allocation ; Returns to scale ; Climate Change ; Climate Change ; Economic Growth ; Economic Growth ; Economic Theory and Research ; Economic development ; Economics ; Emissions ; Environment ; Environmental Economics and Policies ; Equilibrium ; Forestry ; Greenhouse gases ; Macroeconomics and Economic Growth ; Poverty Reduction ; Pro-Poor Growth ; Resource allocation ; Returns to scale
    Abstract: This paper reviews the empirical and theoretical literature on economic growth to examine how the four components of the climate change bill, namely mitigation, proactive (ex ante) adaptation, reactive (ex post) adaptation, and ultimate damages of climate change affect growth, especially in developing countries. The authors consider successively the Cass-Koopmans growth model and three major strands of the subsequent literature on growth: with multiple sectors, with rigidities, and with increasing returns. The paper finds that although the growth literature rarely addresses climate change per se, some issues discussed in the growth literature are directly relevant for climate change analysis. Notably, destruction of production factors, or decrease in factor productivity may strongly affect long-run equilibrium growth even in one-sector neoclassical growth models; climatic shocks have had large impacts on growth in developing countries because of rigidities; and the introducing increasing returns has a major impact on growth dynamics, in particular through induced technical change, poverty traps, or lock-ins. Among the most important gaps identified in the literature are lack of understanding of the channels by which shocks affect economic growth, lack of understanding of lock-ins, heavy reliance of numerical models assessing climate policies on neoclassical-type growth frameworks, and frequent use of an inappropriate "without climate change" counterfactual
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  • 26
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    Who Fears Competition From Informal Firms ? : Evidence From Latin America (2007)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (42 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Gonzalez, Alvaro S Who Fears Competition From Informal Firms ?
    Keywords: Compliance costs ; Cost savings ; Economic development ; Economic growth ; Environment ; Environmental Economics and Policies ; Environments ; Fixed costs ; Metals ; Microfinance ; National Income ; Productivity growth ; Tax rates ; Compliance costs ; Cost savings ; Economic development ; Economic growth ; Environment ; Environmental Economics and Policies ; Environments ; Fixed costs ; Metals ; Microfinance ; National Income ; Productivity growth ; Tax rates ; Compliance costs ; Cost savings ; Economic development ; Economic growth ; Environment ; Environmental Economics and Policies ; Environments ; Fixed costs ; Metals ; Microfinance ; National Income ; Productivity growth ; Tax rates
    Abstract: This paper investigates who is most affected by informal competition and how regulation and enforcement affect the extent and nature of this competition. Using newly-collected enterprise data for 6,466 manufacturing formal firms across 14 countries in Latin America, the authors show that formal firms affected by head-to-head competition with informal firms largely resemble them. They are small credit constrained, underutilize their productive capacity, serve smaller customers, and are in markets with low entry costs. In countries where the government is effective and business regulations onerous, formal firms in industries characterized by low costs to entry feel the sting of informal competition more than in other business environments. Finally, the analysis finds that in an economy with relatively onerous tax regulations and a government that poorly enforces its tax code, the percentage of firms adversely affected by informal competition will be reduced from 38.8 to 37.7 percent when the government increases enforcement to cover all firms
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