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  • Washington, D.C : The World Bank  (904)
  • Oxford : Oxford University Press
  • Private Sector Development  (642)
  • Agriculture  (302)
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  • 1
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other ESW Reports
    Keywords: Business Environment ; Climate Adaptation ; Environment ; Flood Risks ; Natural Disasters ; Private Sector Development ; Private Sector Resilience
    Abstract: Building resilience to natural disasters is imperative for sustainable private sector development and growth in Malaysia. Floods have been Malaysia's most frequent natural disaster, accounting for 85 percent of all natural disasters since 2000. This report looks holistically at the challenges of adaptation to climate change for businesses, exploring the complementarity among the public sector, the financial sector, and the private sector efforts in managing flood risks. It does so by using a range of complementary analyses that bring together the private sector perspective drawn from a firm-level survey, the financial sector perspective based on a survey of financial institutions (both banks and insurers and takaful operators), along with macro-modelling estimates of the aggregate impacts of future floods. The report concludes with a roadmap for policy action to strengthen private sector resilience and enhance the management of flood risks for businesses, zooming in on policies for the financial sector
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  • 2
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Private Sector Development, Privatization, and Industrial Policy
    Keywords: Access To Finance ; Business Environment ; Conflict ; Conflict and Development ; Economic Growth ; Finance and Financial Sector Development ; Fragile States ; Private Sector ; Private Sector Development
    Abstract: This Private Sector Assessment Report on the Republic of Yemen is delivered as part of the Private Sector Technical Assistance project. The goal of the project is to understand the dynamics of the country's private sector during conflict; identify constraints to trade, investment, and finance; and propose recommendations for inclusive private sector entry, survival, and growth. The report also includes an overview of the financial sector's impact on the private sector, especially on the latter's resilience during conflict. Finally, the report provides structural and policy recommendations that, once implemented by the authorities on both national and subnational levels, would prepare the Yemeni private sector to participate in the country's post-conflict recovery and reconstruction
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  • 3
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Urban Study
    Keywords: Energy ; Energy Efficiency ; Energy Production and Transportation ; Environment ; Environment and Natural Resource Management ; Finance and Development ; Finance and Financial Sector Development ; Human Development and Gender ; Private Sector Development
    Abstract: In December 2021, the Royal Government of Cambodia (RGC) published Cambodia's Long-Term Strategy for Carbon Neutrality (LTS4CN), which outlines the country's vision in achieving a carbon-neutral economy by 2050. As part of the long-term strategies to achieve net-zero emissions, the RGC set targets for decarbonizing the transportation sector through a combination of measures, including electrifying 70 percent of motorcycles, and 40 percent of cars and urban buses by 2050. It also aims to have 30 percent of mode share by public transport in cities by 2050
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  • 4
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Keywords: Business Environment ; E-Government ; Economic Growth and Planning ; Environment and Natural Resource Management ; Governance ; Innovation and Technology Privacy ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Private Sector Development
    Abstract: The Chinese government has a long-standing commitment to business environment and digital government reforms. China's online government-to-business (G2B) services have enhanced public service efficiency, accessibility, and transparency, creating a more favorable business environment. This note features a case study of the all-in-one online government service platform developed in Zhejiang Province, a subnational leader in promoting e-government and business environment reforms. Following general national guidelines, Zhejiang has been a leader in exploring innovations to promote digital government development and business environment reforms. Its reforms both demonstrate the effectiveness of a proactive approach to leveraging digital technologies for administrative efficiency and an improved user experience and highlight the positive impacts on the business environment
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  • 5
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Access To Finance ; Ecosystem Restoration ; Environment ; Environmental Protection ; Finance and Financial Sector Development ; Financing Needs ; Nature Loss ; Private Sector Development ; Private Sector Economics ; Private Sector Investment
    Abstract: Ecosystem restoration is critical to the global ambition of halting and reversing nature loss. Tremendous efforts have been deployed globally to conserve the remaining rainforests, grasslands, rivers and lakes, reefs and mangroves, and other ecosystems that are critical for safeguarding biodiversity and the ecosystem services that humanity depends on. However, the extent of environmental degradation is such that recovering the productivity of ecosystems where it has been lost is equally important - for nature, communities, and economic sectors. While restoration is often viewed as the purview of the public sector, this report demonstrates opportunities for private sector investment. It aims to shift the perception that restoration finance is limited to grant funding from domestic and international public sources only. Drawing on case studies, it highlights the investment drivers and entry points for private finance in restoration projects. The financing models presented also point to opportunities for replication and scaling. This report is a product of the Finance Task Force of the United Nations Decade on Ecosystem Restoration, an initiative led by the United Nations Environment Program and the Food and Agriculture Organization of the United Nations. The United Nations Decade aims to drive the restoration of one billion hectares of degraded land between now and 2030. The role of the Finance Task Force, chaired by The World Bank, is to catalyze action that can contribute to unlocking the capital needed to meet the United Nations Decade's goals
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  • 6
    Language: English
    Pages: 1 Online-Ressource (32 pages)
    Parallel Title: Erscheint auch als Fiuratti, Frederico Are Regional Fiscal Multipliers on EU Structural and Investment Fund Spending Large? A Reassessment of the Evidence
    Keywords: Agriculture ; Covid-19 Economic Recovery Package ; Environment ; EU Economies ; European Union ; Finance and Financial Sector Development ; Financial Crisis Management and Restructuring ; Fiscal Multiplier ; Green Issues ; Monetary Union ; Short-Term Regional Fiscal Stimulus ; Social Risk Management ; Sustainable Green Growth
    Abstract: The European Commission's "NextGenerationEU" COVID-19 recovery package has underscored interest in the size of regional fiscal multipliers in Europe. While the objective of these funds is the long-term transformation toward more sustainable green growth and digitalization in EU economies, several recent papers have also focused on their short-term stimulatory effects and have estimated large short-term regional multipliers on historical EU structural and investment fund spending. This has contributed to a view that EU funds can boost growth substantially not only in the long term, but also in the short term in countries receiving large flows, particularly in Central and Eastern Europe. This paper reevaluates the evidence by estimating regional short-term multipliers using recent data on EU fund spending and a leave-one-out predicted disbursement schedule instrument. In contrast with much of the recent literature, there is little evidence of large relative GDP multipliers at either the national or subnational level in the short term. This is despite a strong response of regional investment to EU funds, which often increases euro for euro. The results suggest that expectations should be tempered on using EU structural and investment funds as a tool for short-term regional fiscal stimulus, and instead policy makers may want to focus on the long-term benefits of EU funds, in line with their original purpose
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  • 7
    Language: English
    Pages: 1 Online-Ressource (48 pages)
    Parallel Title: Erscheint auch als Wollburg, Philip The Impacts of Disasters on African Agriculture: New Evidence from Micro-Data
    Keywords: Agricultural Research ; Agriculture ; Climate Change ; Climate Change and Agriculture ; Crop Agriculture Disaster Risk ; Disaster Loss and Damage ; Drought Losses ; Flood Loss ; Survey Data
    Abstract: Disasters affect millions of people each year and cause economic losses worth many billions of dollars globally. Reporting on disaster impacts in research, policy, and news primarily relies on macro statistics based on disaster inventories. The macro statistics suggest that a relatively small share of disaster damages accrues in Africa. This paper, instead, uses detailed survey micro-data from six African countries to quantify disaster damages in one key sector: crop agriculture. The micro-data reveals much higher damages and more people affected than the macro statistics would indicate. On average, 36 percent of the agricultural plots in the sample suffer crop losses due to adverse climatic events. In the countries and time period analyzed, these losses reduced total crop production by an average of 29 percent. Importantly, many of these losses are underreported or undetected in key disaster inventories and therefore elude macro statistics. In the case of droughts and floods, the economic losses recorded in the micro-data are USD 5.1 billion higher than in the macro statistics, affecting 145 million to 170 million people, more than four times as many as the macro statistics suggest. The difference stems mostly from smaller and less severe but frequent adverse events that are not recorded in disaster inventories
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  • 8
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Social Analysis
    Keywords: Access and Equity in Basic Education ; Access To Education ; Agriculture ; Climate Change Impact ; Covid-19 Impact ; Education ; Food Security ; Health Service Management and Delivery ; Health, Nutrition and Population ; Human Capital Accumulation and Utilization ; Inclusive Development ; Long-Term Economic Growth ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: This report is undertaken as a part of the Human Capital Project (HCP), a globalinitiative of the World Bank Group that aims to increase governments' awarenessof the importance of investing in people (World Bank date of publication not identifiedb). One of the maincomponents of the HCP is a cross-country metric--the Human Capital Index (HCI). The HCI estimates the amount of human capital a child born today can expect to accumulate by the age of 18, thus highlighting how current health and education outcomes shape the work productivity of the next generation. Moreover, given the cumulative nature of human capital, the HCI has clear milestones across the entire human life cycle: at birth, children need to survive; during childhood, they need to be well-nourished; at school age, they must complete all schooling and active adequate learning levels; and in adulthood, they need to stay in good health. Finally, the HCI includes a result: a score that ranges from 0 to 1. A country where an average child has virtually no risk of being stunted or dying before age five, receives high-quality education, and becomes a healthy adult, would have an HCI close to 1. Conversely, when the risk of being ill-nourished or prematurely dying is high, access to education is limited, and the quality of learning is low, the HCI would approach zero
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  • 9
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: IEG Independent Evaluations and Annual Reviews
    Keywords: IDA ; Private Investment ; Private Sector ; Private Sector Development ; Private Sector Economics ; Private Sector Window (PSW)
    Abstract: The private sector is essential for creating jobs and prosperity in poor countries, but developing it is challenging, especially in fragile and conflict-affected situations (FCS). The IDA Private Sector Window (PSW) is a blended finance facility that enables the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and third-party private sector investors to conduct high-risk transactions in International Development Association (IDA) countries and FCS countries. This evaluation aims to assess the usage, market development potential, and enabling factors of the PSW. The evaluation assesses how the usage of the PSW has changed from its inception in 2017 to 2023 and explores its potential market development effects and its enabling factors, namely concessionality (for IFC and MIGA) and additionality (for IFC). Concessionality is the level of subsidy needed for IFC and MIGA to offer transactions in PSW-eligible countries at market prices. Additionality is the unique support IFC brings to private investments (on a project basis) that is not offered by commercial sources of finance. It comprises financial and nonfinancial additionality. This evaluation assesses the PSW across three IDA cycles: IDA18, which covers FY18-20; IDA19, which covers FY21-22; and IDA20, which covers FY23-25. It updates the 2021 IEG early-stage assessment of the PSW (FY18-20) and complements the IDA20 PSW Mid-Term Review, which was prepared jointly by IDA, IFC, and MIGA
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  • 10
    Language: English
    Pages: 1 Online-Ressource (36 pages)
    Parallel Title: Erscheint auch als Gatti, Roberta Dysfunctional Family Management: Family-Managed Businesses and the Quality of Management Practices
    Keywords: Business Environment ; Family Owned Businesses ; Management Practices ; Managerial Talent ; Private Equity ; Private Sector ; Private Sector Development
    Abstract: Better managed firms perform better. Existing evidence has shown that family-managed firms have poorer management practices. Several reasons have been proposed. Limiting to family members reduces the talent pool of potential managers. Family management creates disincentives for other talented workers given that the environment is not meritocratic. Family managers themselves may be less motivated given that they may not have to compete for the position. This study scales up the evidence by exploring the relationship between family managers and management practices for about 9,000 medium and large firms across 41 developing and advanced economies. The study contributes to the literature by investigating several internal and external operating factors that attenuate or accentuate the relationship between family management and the quality of management practices. The engagement of governments in terms of corruption and political connections is found to be influential
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  • 11
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Agriculture Study
    Keywords: Agriculture ; Agriculture and Farming Systems ; Cassava ; Food ; Gender ; Gender and Development ; Loans ; Marketing ; Plantain ; Value Chain
    Abstract: The main objective of the report is to develop business models on farming and/or processing of cassava, maize and plantain in Cote d'Ivoire that would help financial institutions to gain better knowledge of the value chains, to design appropriate financing products and to streamline the loan decision process for women-led cooperatives. This report has been produced hand in hand with a financial evaluation tool, to assess the profitability of lending to various cooperatives engaged these select value chains. In addition, detailed financial models have been prepared to assess the cash flow projections of the cooperatives, which could be used in the loan decision process. A marketing strategy plan has also been prepared, which aims at guiding financial institutions in their lending initiatives to cooperatives operating in the various value chains. It is vital for financial institutions to have the right marketing approach, so that cooperatives with a suitable profile can enter their pipeline as potential clients for lending
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  • 12
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Infrastructure Study
    Keywords: Civil Registration and Identification ; Gender ; Governance ; ICT Policy and Strategies ; Information and Communication Technologies ; Private Sector Development ; Public Administration ; Public Sector Development
    Abstract: In Ethiopia, women are 15 percentage points less likely than men to possess a kebele ID, the primary proof of identity document used in the country. This report unveils findings from a study that aims to grasp the reasons behind this gender gap in ID ownership and offers recommendations for overcoming these barriers in Fayda, the new digital ID system launched by the Government of Ethiopia in 2021. Executed by the World Bank in partnership with Ethiopia's National ID Program (NIDP), the study first uses statistical analysis of ID4D-Findex data to illustrate the nature of the ID ownership gap and its ramifications for women. Subsequently, through desk research and original qualitative data obtained from focus group discussions and key informant interviews, the report delves into four categories of potential reasons for the gap: legal and policy barriers, social and community barriers, economic and procedural barriers, and information and knowledge barriers. In the concluding section, the report offers three key recommendations for integrating gender inclusivity into the Fayda program, drawingfrom the research findings and inputs gathered from qualitative research participants
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  • 13
    Language: English
    Pages: 1 Online-Ressource (18 pages)
    Parallel Title: Erscheint auch als Tillan, Pablo Reassessing the Impacts of Exports on Local Labor Market Outcomes: A Supply Chain Perspective - Evidence from the Arab Republic of Egypt
    Keywords: Export Competitiveness ; Export Impacts ; Firm Dynamics ; Gender and Labor Markets ; Global Value Chains and Business Clustering ; International Economics and Trade ; Labor Market Outcomes ; Labor Markets ; Limited Export Sector ; Private Sector Development ; Social Protections and Labor ; Trade Policy
    Abstract: This paper examines the overall impact of exports while accounting for supply chain linkages on local labor market outcomes in the Arab Republic of Egypt between 2007 and 2018. The paper assesses the effects not only on directly exporting industries, but also on industries indirectly affected by rising export demand. Furthermore, it examines potential impacts on specific groups of workers, such as high-skilled individuals and female workers. The results show that trade does not lead to the same connection with domestic labor markets in Egypt as observed in other countries, as highlighted in the existing literature explaining the adverse effects of imports on developing countries. Despite being more open to trade, trade-intensive industries in Egypt have not experienced a significant increase in their share of employment within the overall workforce. To harness the benefits of trade, Egypt must undertake deeper reforms aimed at significantly expanding the export sector
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  • 14
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (70 pages)
    Parallel Title: Erscheint auch als Clement, Anne Containing Tariff Evasion
    Keywords: Corporate Governance and Corruption ; Exporters ; Importers ; Law and Development ; Mirror Statistics ; Private Sector Development ; Sea Freight Corruption ; Tariff ; Tax Evasion ; Tax Law ; Trade
    Abstract: To identify transactions at risk of tariff evasion, this paper matches export transaction data from France with import transaction data from Madagascar using container identifiers. Reporting discrepancies between exporters and importers are prevalent but small, with over two-fifths of importers reporting in a way that increases their tariff liability. Yet, aggregate tariff revenues are 24 percent lower due to discrepancies. These revenue losses are highly concentrated: the top five evaders account for three-quarters of all tariff revenue losses and larger shipments are more at risk of evasion. Tariff enforcement in Madagascar is ineffective and only marginally mitigates revenue losses
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  • 15
    Language: English
    Pages: 1 Online-Ressource (30 pages)
    Parallel Title: Erscheint auch als Zavala, Lucas Quality Regulation Creates and Reallocates Trade
    Keywords: Agricultural Trade ; Agriculture ; International Economics and Trade ; Market Concentration ; Non-Tariff Trade Measures ; Phytosanitary Regulation ; Quality Regulation ; Reallocation ; Sanitary Trade Barriers ; Trade Facilitation ; Trade Policy ; Trade Quota
    Abstract: Quality regulation has become the dominant instrument of trade policy. Panel evidence shows that regulations classified as sanitary and phytosanitary measures and technical barriers to trade both increase trade on average. Other non-tariff measures like quotas decrease trade. Sanitary and phytosanitary measures reallocate trade from lower-income exporting countries to higher-income exporting countries, while technical barriers to trade measures do the opposite. Sanitary and phytosanitary and technical barriers to trade measures increase the sales concentration of exporting firms from lower-income countries, but do not affect the concentration of exporting firms from higher-income countries or importing firms. The costs of quality regulation are primarily borne by exporting firms, especially in lower-income countries
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  • 16
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2209
    Keywords: Agriculture ; Covid-19 ; Economic Investment and Savings ; FIP ; Forest Investment Program ; Forestry Management ; Macroeconomics and Economic Growth ; Pandemic
    Abstract: With the COVID-19 pandemic, the development context for the world is fundamentally challenged in many ways. The pandemic has taken a drastic human toll, and its global-scale economic and social impacts affected rural development work focused on the most poor and vulnerable populations. It has also highlighted the increasing need to invest in natural climate solutions that protect and restore critical ecosystems, support climate stability and ecosystem resilience, and help people access livelihood opportunities. This report provides an in-depth portfolio analysis of WB-implemented FIP and DGM projects during the pandemic, gathering information from documents and directly from stakeholders involved in these projects on the impacts of the pandemic during their preparation and implementation, finding trends in delays in project activities, and identifying coping mechanisms used to overcome the challenges resulting from the pandemic. For example, some projects have shifted activities requiring in-person engagement, such as training and workshops, to a virtual format. Other projects use electronic monitoring and data collection tools to follow up on activity implementation. Finally, this report provides a few general lessons for the CIF program, WB-financed operations, donors, and other external international development partners. Although the COVID-19 pandemic continues to pose a challenge, authors now hope, having already experienced it for roughly three years, to learn from the various adaptation measures implemented by the projects, for application to future shocks
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  • 17
    Language: English
    Pages: 1 Online-Ressource (42 pages)
    Parallel Title: Erscheint auch als Dato, Prudence Who should Drive Green Technology Transitions in Developing Countries: State-Owned Enterprises versus Private Firms
    Keywords: Climate Change Mitigation and Green House Gases ; Competitiveness and Competition Policy ; Emissions Policy ; Emissions Tax ; Environment ; Environmental Economics ; Environmental Economics and Policies ; Green Technology ; Green Technology Research ; Imperfect Competition ; Innovation ; Local Adaptation ; Private Sector Development ; Public Firms ; State-Owned Enterprises
    Abstract: Green technologies, such as renewable energy, often require adaptation to local conditions, such as high humidity, high altitudes or the specifics of a country's infrastructure, to achieve a maximal technical efficiency and a long lifetime of investments. This poses a problem for green technology transitions, as adaptations usually imply protected intellectual property rights and thus market imperfections that can lead to higher prices and thereby a lower uptake of the green technology. An alternative could be to use state-owned enterprises to adapt and promote green technologies, such as public utilities, which are more easily steered toward pursuing societal objectives. However, many empirical studies find state-owned enterprises to be less efficient. This theoretical contribution investigates the question whether a green technology transition that requires research and development is better driven by private firms or state-owned enterprises. The paper adapts a model to this setting, derives possible market outcomes from this model, investigates research and development and production decisions of private firms and a state-owned enterprise, and compares the welfare implications of the two options. The results show that there are cases where the cost inefficiency of the state-owned enterprise dominates (for example, if competition of directly importing firms reduces possible markups of private innovating firms), but also cases where a state-owned enterprise is the preferred choice (for example, if several private firms would adapt the technology, causing over-innovation). Most importantly, this is not solely a question of comparing costs, but rather of comparing market outcomes. For example, the use of a state-owned enterprise can avoid the often found problem of overinvestment in research and development by private firms and, in many cases, a state-owned enterprise will induce a wider diffusion of the green technology
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  • 18
    Language: English
    Pages: 1 Online-Ressource (100 pages)
    Series Statement: Europe and Central Asia Economic Update
    Parallel Title: Erscheint auch als
    Keywords: Business Dynamism ; ECA ; Economic Forecasts ; Economic Growth ; Europe and Central Asia ; Inflation ; International Development ; Private Sector Development ; Role of the State ; Russia's Invasion of Ukraine
    Abstract: Europe and Central Asia (ECA) continues to be negatively impacted by the Russian Federation's invasion of Ukraine, tighter global financial conditions, persistent inflation, and global economic fragmentation. Economic growth in the region is projected to remain weak relative to the long-term trend, delaying the convergence of living standards to those of high-income countries. Climate change is becoming a serious constraint on growth, as extreme weather events are affecting the region with increased frequency and severity. Economic growth for the emerging market and developing economies (EMDEs) of the Europe and Central Asia region has been revised up to 2.4% for 2023. The pickup in growth reflects improved forecast for war-hit Ukraine and for Central Asia as well as consumer resiliency in Turkiye and better-than-expected growth in Russia because of a surge in government spending on the military and social transfers. Nevertheless, growth remains weak relative to the long-term pre-pandemic averages. Downside risks cloud the outlook for the 23 EMDEs in Europe and Central Asia. High inflation may persist amid heightened volatility in global commodity markets and a surge in energy prices. Global financial markets may become more volatile and restrictive due to tightening financing conditions. Global growth for 2020-2024 is the weakest than during any five-year period since 1990 and may weaken further
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  • 19
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (31 pages)
    Parallel Title: Erscheint auch als Bruhn, Miriam Government Support and Firm Performance during COVID-19
    Keywords: Covid-19 ; Disease Control and Prevention ; Employment ; Government ; Health, Nutrition and Population ; Pandemic ; Private Sector Development ; Private Sector Economics ; Social Protections and Labor
    Abstract: This paper assesses the medium-run effects of government support to firms during the COVID-19 crisis and whether the effectiveness of this support varied with its timing. Using data from three rounds of the World Bank's Enterprise Surveys COVID-19 Follow-up Surveys carried out between May 2020 and April 2022, it relates government support in Round 1 (received in the first half of 2020) and Round 2 (received during the second half of 2020 or early 2021) with firm performance in Round 3 (generally mid-2021). Controlling for a host of background characteristics, firms that received support in Round 1 performed better in terms of Round 3 sales, but only if they did not have continued support. Firms that also received support in Round 2 had similar Round 3 sales as those that received no support and were more likely to decrease employment. Firms that received government support only in Round 2 experienced no boost in Round 3 performance. The findings suggest that government support should be provided promptly, but it should also be phased out quickly
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  • 20
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Agriculture Study
    Keywords: Agricultural Sector Economics ; Agriculture ; Dietary Habits ; Food Security ; Income
    Abstract: This report is a product of the World Bank's monitoring efforts in Myanmar and provides an in-depth look at the country's agricultural sector and food security status. This study examines intertwined challenges, falling crop yields, escalating food costs, deteriorating dietary habits, changing income sources, and shifting labor dynamics among farmers. In doing so, this analysis aims to illuminate the complex dynamics affecting households and communities nationwide. It offers essential insights for stakeholders seeking to address these pressing issues
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  • 21
    Language: English
    Pages: 1 Online-Ressource (65 pages)
    Parallel Title: Erscheint auch als Bloem, Jeffrey R Herder-Related Violence, Agricultural Work, and the Informal Sector as a Safety Net
    Keywords: Agriculture ; Conflict ; Farmers and Herders ; Gender ; Gender and Rural Development ; Gender Monitoring and Evaluation ; Gender Related Violence ; Informality ; Livestock and Animal Husbandry ; Safety Net ; Social Conflict and Violence ; Social Development ; Violence
    Abstract: Violent conflict between nomadic herders and settled--mostly agricultural--communities in Nigeria occurs as both groups clash over the use of land and resources, in part, due to a changing climate. This paper uses panel data from 2010 through 2019 to study the labor responses of individuals to exposure to herder-related violence during the post-planting and post-harvest seasons. Specifically, it considers a "shadow of violence" channel, where recent exposure to a violent event alters labor-related responses to a subsequent event. Results find that in the post-planting season, exposure to a herder-related violent event leads to an increase in informal work for both men and women, a decrease in agricultural work for men, and an increase in total hours worked for women among households that have previously been exposed to herder-related violence in the preceding six months. The paper also considers two other specific forms for a "shadow of violence" channel--namely, raised tensions over open-grazing bans enacted in 2016 and 2017 within three states and a drastic peak in violence in the first half of 2018-- and find similar results. Lastly, findings show how household exposure to violence can have so-called knock-on effects. Households exposed to herder-related violence in the previous post-planting season shift consumption and crop selling patterns in the post-harvest season. These findings highlight the gender-specific labor response to violence and document the role of the informal sector as a partial safety net for individuals in the presence of adverse shocks
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  • 22
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2193
    Keywords: Adolescent Health ; Agriculture ; Education Indicators and Statistics ; Fiscal Consolidation ; Gender ; Gender and Education ; Gender Gaps ; Greening Agriculture ; Inflation ; Labor Markets ; Low Labor Force ; Macroeconomics and Economic Growth ; Poverty ; Skills Development and Labor Force Training ; Western Balkans
    Abstract: In the context of weakening global demand, growth in the Western Balkans decelerated over the course of 2022 and into 2023. Against the background of the lasting effects of shocks from Russia's invasion of Ukraine, sticky inflation, and tighter financial conditions, global demand has been weakening, and this has a divergent impact across the Western Balkans (WB6). On the one hand, the slowdown in global demand contributed to weaker-than expected performance of industrial production in the whole European Union (EU) region and in the WB6. On the other hand, global demand has proved more resilient in services and, for travel, with twice as many people traveling globally during Q1 2023 as in the same period in 2022 (UNWTO). This has particularly benefited Albania, Kosovo, and Montenegro, where services exports have reached new record highs. In contrast, weakening global demand for goods has weighed on Bosnia and Herzegovina (BiH), North Macedonia and Serbia. On the demand side, private consumption remained in general an important growth driver, despite rising price pressures. Reforms are needed to consolidate the recovery toward sustainable growth, while negotiations with the EU hold the potential to bolster prospects in the Western Balkans. As the WB6 agriculture sector is undergoing a major structural transformation, efforts to green agriculture are also important to ensure access to the EU market and for the competitiveness of agriculture, rural development, and food and nutrition security. Most WB6 countries have recently included agriculture greening in their development strategies. Historically, the environmental footprint of the WB6 agriculture sector has been relatively low. But this has been more an unintended outcome of still high rurality and low farming intensity rather than a result of public policy and expenditure choices. Agricultural public expenditures, while substantial in terms of amounts and adequate to influence agricultural production, have not yet prioritized financing of greening and climate-smart agriculture. It is important for the WB6 countries to accelerate greening of their agriculture by learning from the EU's green transition and better utilization of the existing public funds available for agricultural development
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  • 23
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2153
    Keywords: Economic Development ; Economic Forecasting ; Economic Growth ; Jobs ; Private Sector ; Private Sector Development ; Social Protections and Labor ; Starting A Business ; Transition
    Abstract: This report presents a diagnostic study of barriers to private sector participation focusing on young Kuwaitis. The General Secretariat of the Supreme Council for Planning and Development (GSSCPD), Kuwait Public Policy Centre (KPPC) and the World Bank's behavioral science team, the Mind, Behavior, and Development Unit (eMBeD), partnered to conduct a series of data collection activities seeking to identify key structural and behavioral barriers that prevent higher youth participation in the private sector. The right of every Kuwaiti to work is mentioned in Articles 26 and 41 of the Constitution and in various Emiri decrees. The Constitution also commits to state provision of allowances for housing, health care, education, as well as social security, pensions, and disability benefits. Overall, Kuwaiti citizens tend to consider public sector employment to be superior to private sector employment. Reasons for this include greater job security, less burdensome responsibilities, generous pay and benefits, and shorter working hours in the public sector compared to private sector (Towards a National Jobs Strategy in Kuwait, 2021). Given this, there is limited incentive for Kuwaitis to work in the private sector. Indeed, Kuwaiti nationals account for only 4.3 percent of the private sector workforce (Labor Market Information System, 2019), the majority of which is made up of expatriates. The public sector, on the other hand, employs 76 percent of Kuwaiti citizens (Labor Market Information System, 2019). However, the sustainability and efficiency of this system is more than ever under question. High population growth and expected entry of many Kuwaiti nationals into the jobs market by 2022 is putting pressure on public sector employment, and the rising wage bill presents further fiscal challenges (International Monetary Fund, 2019). Public sector entities, which are under pressure to absorb these entrants, are already overstaffed
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  • 24
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2163
    Keywords: Adaptation ; Adaptation to Climate Change ; Climate Change Mitigation and Green House Gases ; Climate Governance ; Climate Resilience ; Economic Diversification ; Environment ; Finance and Financial Sector Development ; Financial Sector and Social Assistance ; Health Costs ; Natural Capital ; Poverty Reduction ; Private Sector ; Private Sector Development ; Private Sector Economics ; Republic Of Congo ; Sustainable Growth
    Abstract: The Republic of Congo (RoC) CCDR is a new World Bank core diagnostic report that integrate climate change and development considerations. It is intended to help the country prioritize the most impactful actions that can boost adaptation and reduce greenhouse gas (GHG) emissions, while delivering on broader development goals. The CCDR builds on data and rigorous research and identify main pathways to reduce climate vulnerabilities and GHG emissions, including the costs and challenges as well as benefits and opportunities from doing so. The report highlights that RoC could reduce poverty in rural areas by 40% and in urban areas by 20% by 2050 by implementing more ambitious reforms to promote economic diversification and climate resilience. It also concludes that business as usual is not an option. Economic losses could reach up to 17% of GDP by 2050 if reforms to diversify the economy and attract more climate investments are not taken. Climate impacts could also increase total health costs from USD 92 million in 2010 to USD 260 million by 2050. The report identifies four priorities to promote sustainable growth in the country: (i) stronger and greener infrastructure and services in electricity, transport, water, and sanitation can deliver transformative results; (ii) More climate-ready education, health systems and social services can save lives and bring critical resources to the poorest; (iii) More investments in natural capital including climate smart agriculture and greater forest management along will help create jobs while reducing carbon emissions; (iv) better climate governance to leverage carbon markets. The forest contributes to USD 260 million in timber exports and store over 44 billion tons of carbon dioxide equivalent emissions. Protecting and valorizing the forest is critical to turn the country's natural capital into wealth. The report emphasizes that the private sector has a critical role to play in mobilizing financing for an ambitious set of reforms and investments in the context of tight fiscal space. This will require raising awareness on risks and opportunities from climate change, and innovative solutions and financial sector reforms
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  • 25
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (122 pages)
    Series Statement: Africa's Pulse
    Parallel Title: Erscheint auch als
    Keywords: Debt Vulnerabilities ; Economic Growth ; Fiscal Space ; Inflation ; Jobs ; Political Instability ; Private Sector Development ; Skills Development
    Abstract: Growth in Sub-Saharan Africa is expected to slow to 2.5 percent in 2023 from 3.6 percent in 2022. It is projected to increase to 3.7 percent in 2024 and 4.1 percent in 2025. However, in per capita terms, the region is projected to slightly contract over 2015-2025. The region faces many challenges, including a "lost decade" of sluggish growth, persistently low per capita income, mounting fiscal pressures exacerbated by high debt burdens, and an urgent need for job creation. Tackling these multifaceted issues requires comprehensive reforms to promote economic prosperity, reduce poverty, and create sustainable employment opportunities in the region. This will require an ecosystem that facilitates firm entry, stability, growth, and skill development that matches business demand
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  • 26
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (54 pages)
    Parallel Title: Erscheint auch als Goicoechea, Ana Firms and Climate Change in Low- and Middle-Income Countries
    Keywords: Adaptation To Climate Change ; Adaptation vs Mitigation ; Burden of Climate Change ; Climate Adaptation ; Climate Change Mitigation and Green House Gases ; Climate Mitigation ; Enterprise Development and Reform ; Environment ; Firms and Climate Change ; Market Failure and Climate Change ; Private Sector Development ; Small and Medium Size Enterprises
    Abstract: Low- and middle-income countries (LMICs) face a disproportionate burden from climate change, potentially threatening the operations and profitability of firms. Simultaneously, firms in LMICs may contribute to climate change through the emissions associated with production. This paper synthesizes the empirical evidence on the links between climate change and firms in LMICs. It identifies three major gaps: poor geographic coverage, little discussion of how market failures interact with climate change in ways that constrain firm decisions, and an overall greater focus on policies for mitigation than adaptation
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  • 27
    Language: English
    Pages: 1 Online-Ressource (24 pages)
    Parallel Title: Erscheint auch als Matekenya, Dunstan Malnourished but not Destitute: The Spatial Interplay between Nutrition and Poverty in Madagascar
    Keywords: Agriculture ; Development Patterns and Poverty ; Equity and Development ; Food Insecurity ; Food Security ; Hidden Hunger ; International Economics and Trade ; Malnutrition ; Poverty ; Poverty Reduction ; Small Area Estimation ; Sustainable Development Goals
    Abstract: Hidden hunger, or micronutrient deficiencies, is a serious public health issue affecting approximately 2 billion people worldwide. Identifying areas with high prevalence of hidden hunger is crucial for targeted interventions and effective resource allocation. However, conventional methods such as nutritional assessments and dietary surveys are expensive and time-consuming, rendering them unsustainable for developing countries. This study proposes an alternative approach to estimating the prevalence of hidden hunger at the commune level in Madagascar by combining data from the household budget survey and the Demographic and Health Survey. The study employs small area estimation techniques to borrow strength from the recent census and produce precise and accurate estimates at the lowest administrative level. The findings reveal that 17.9 percent of stunted children reside in non-poor households, highlighting the ineffectiveness of using poverty levels as a targeting tool for identifying stunted children. The findings also show that 21.3 percent of non-stunted children live in impoverished households, reinforcing Sen's argument that malnutrition is not solely a product of destitution. These findings emphasize the need for tailored food security interventions designed for specific geographical areas with clustered needs rather than employing uniform nutrition policies. The study concludes by outlining policies that are appropriate for addressing various categories of hidden hunger
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  • 28
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Keywords: Accommodation and ; Agriculture ; Aquaculture ; Economic Growth ; Fisheries and ; Fisheries Sector ; Growth Potential ; Human Capital ; Industry ; Macroeconomics and Economic Growth ; Private Sector Development ; Regionalization ; Tourism Industry ; Tourism Sector
    Abstract: Comoros is at the crossroads to redefine its future and become an upper-middle income country by 2050, but this would require implementing an ambitious reform agenda that focuses on increasing productivity and private investment. The current business-as-usual policy framework has delivered low private investment and human capital, sectoral growth below potential, and no poverty eradication. Pursuing this policy framework, which would not allow Comoros to reach the GDP growth target of 7.5 percent by 2030 laid out in the national development plan, could result in GDP per capita of USD 1,890 and a poverty rate of 22.9 percent by 2050. By contrast, under a policy framework of ambitious reforms that include measures to increase inclusiveness, Comoros could reach a GDP per capita of USD 3,934 and reduce the poverty rate to below 5 percent by 2050. Supported by the continuous implementation of ambitious reforms, such a level of GDP per capita could have Comoros reach upper-middle-income status by 2050. Under this ambitious reform agenda, private investment would average 11.9 percent of GDP in 2023-2050, and total factor productivity growth would average 1.45 percentage points per year during the same period
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  • 29
    Language: English
    Pages: 1 Online-Ressource (68 pages)
    Parallel Title: Erscheint auch als Iacovone, Leonardo Bayesian Impact Evaluation with Informative Priors: An Application to a Colombian Management and Export Improvement Program
    Keywords: Bayesian Impact Evaluation ; Competition Policy ; Competitiveness and Competition Policy ; Economic Theory and Research ; Export Competitiveness ; International Economics and Trade ; Macroeconomics and Economic Growth ; Management ; Prior Elicitation ; Private Sector Development ; Randomized Experiment ; Social Policy Evaluation Method
    Abstract: Policymakers often test expensive new programs on relatively small samples. Formally incorporating informative Bayesian priors into impact evaluation offers the promise to learn more from these experiments. A Colombian government program which aimed to increase exporting was trialed experimentally on 200 firms with this goal in mind. Priors were elicited from academics, policymakers, and firms. Contrary to these priors, frequentist estimation can not reject 0 effects in 2019, and finds some negative impacts in 2020. For binary outcomes like whether firms export, frequentist estimates are relatively precise, and Bayesian credible posterior intervals update to overlap almost completely with standard confidence intervals. For outcomes like increasing export variety, where the priors align with the data, the value of these priors is seen in posterior intervals that are considerably narrower than frequentist confidence intervals. Finally, for noisy outcomes like export value, posterior intervals show almost no updating from the priors, highlighting how uninformative the data are about such outcomes
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  • 30
    Language: English
    Pages: 1 Online-Ressource (101 pages)
    Parallel Title: Erscheint auch als Behrer, A. Patrick Man or Machine? Environmental Consequences of Wage Driven Mechanization in Indian Agriculture
    Keywords: Agricultural Fire ; Agriculture ; Air Pollution ; Environment ; Mahatma Ghandi National Rural Employment Guarantee Act ; Mechanized Agriculture ; Poverty Reduction ; Rural Labor Market Shocks ; Structural Change
    Abstract: This paper uses an exogenous shock to wages from the world's largest anti-poverty program to show that higher wages can lead to increased air pollution, likely by inducing farmers to shift into a labor-saving and mechanized production process. Using a difference-in-differences approach on the staggered roll-out of India's Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA), combined with data on nearly 1 million fires, the paper shows that the frequency of agricultural fires increases by 21 percent after the shock. The increase in fires is concentrated in districts that appear more likely to mechanize the harvest. MNREGA did not lead to changes in area planted or tonnage produced in fire intensive crops. The estimates show that nationally, the shock increased the rate of particulate emissions from biomass burning by 30 to 50 percent. The results suggest that absent policies to correct for environmental externalities of mechanization at all stages of development, labor market shocks may lead to inefficient levels of mechanization
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  • 31
    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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  • 32
    Language: English
    Pages: 1 Online-Ressource (108 pages)
    Parallel Title: Erscheint auch als Kasyanenko, Sergiy The Past and Future of Regional Potential Growth: Hopes, Fears, and Realities
    Keywords: Climate Change ; Competitiveness ; Demographics ; Developing Economies ; Emerging Markets ; International Economics and Trade ; Investment ; Potential Growth ; Private Sector Development ; Total Factor Productivity
    Abstract: Potential growth slowed in most emerging market and developing economy (EMDE) regions in the past decade. The steepest slowdown occurred in the Middle East and North Africa (MNA), followed by East Asia and the Pacific (EAP), although potential growth in EAP remained one of the two highest among EMDE regions, the other being South Asia (SAR), where potential growth remained broadly unchanged. Projections of the fundamental drivers of growth suggest that, without reforms, potential growth in EMDEs will continue to weaken over the remainder of this decade. The slowdown will be most pronounced in EAP and Europe and Central Asia because of slowing labor force growth and weak investment, and least pronounced in Sub-Saharan Africa where the multiple adverse shocks over the past decade are assumed to dissipate going forward. Potential growth in Latin America and the Caribbean, MNA, and SAR is expected to be broadly steady as slowing population growth is offset by strengthening productivity. The projected declines in potential growth are not inevitable. Many EMDEs could lift potential growth by implementing reforms, with policy priorities varying across regions
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  • 33
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Agriculture Study
    Keywords: Agriculture ; Climate Change ; Climate Change and Agriculture ; Financing ; Green Growth ; Policy Implementation
    Abstract: This report focuses on the agri-food sector in North Macedonia and investigates the potential and necessary actions for adopting a green growth trajectory. Agri-food is a key sector in need of transformation to achieve green growth in the country. The sector has great economic importance, and it is vulnerable to climate change and other environmental risks, which will compound current sector inefficiencies, including declining competitiveness. This report aims to assess: (i) the actions needed to re-focus agricultural support priorities in a manner that reflects green growth ambitions; (ii) policy financing implications; and (iii) the availability and capacity of effective policy implementation mechanisms. Finally, the potential impacts of greening agriculture support on farm efficiency are assessed and discussed
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  • 34
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank Group Gender Thematic Policy Notes Series
    Keywords: Business Ethics, Leadership and Values ; Development Policy Lending ; Earning Equity ; Gender and Economic Policy ; Gender and Law ; Gender and Public Expenditures ; Gender Equity ; Gender Policy ; Male Dominated Employment Sectors ; Private Sector Development ; Skills Gap ; Womens Skills Development ; Womens Work ; Workplace Discrimination
    Abstract: Gender gaps in earnings persist across all regions. For every dollar men make, women make 77 cents. Closing this gap can lead to sizeable gains for economies - an estimated 160 trillion dollars in global gross domestic product (GDP) per capita. A multitude of factors contributes to this gap and this note sheds light on some of the key drivers. Effective evidence-backed policy options to close the earnings gap include providing information on work opportunities and returns to employment, training in socio-emotional skills, imparting sector-specific technical skills to address occupational segregation and adopting pay-transparency laws. The World Bank Group actively supports countries to boost women's access to better, high-quality jobs through development policy lending, advisory and analytical work, and supporting reforms to address constraining contextual factors. This note examines an array of policy options that are effective or show promise in closing gender gaps in earnings and offers some key takeaways
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  • 35
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (59 pages)
    Parallel Title: Erscheint auch als Aihounton, Ghislain Does Agricultural Intensification Pay?
    Keywords: Agriculture ; Farm Performance ; Food Security ; Intensification ; Rice Farmers ; Rural Transformaiton ; Rural Transformation ; Smallholder Labor Productivity ; Specialization
    Abstract: Modern inputs and mechanization are promoted across Africa to raise smallholder labor productivity and broker the structural transformation. Yet, adoption has remained low and the implications for returns to labor and labor allocation remain poorly understood. This paper explores the effects of different intensification packages on farm performance, market orientation, and food security using data from lowland rice farmers in Cote d'Ivoire. Employing a multinomial treatment effect model, the findings reveal that intensification increases land and labor productivity, especially when agro-chemicals and mechanized land preparation are combined. Returns to labor double to triple, inducing specialization and greater market orientation as well as greater food security, while productively releasing agricultural labor for other activities. Labor in agriculture becomes more waged. The gender balance remains the same. Child labor input does not decrease. The findings call for greater attention to labor productivity and confirm that agricultural intensification can pay and enhance rural transformation
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  • 36
    Language: English
    Pages: 1 Online-Ressource (23 pages)
    Parallel Title: Erscheint auch als Nguyen, Linh The Effect of Agricultural Input Subsidies on Productivity: A Meta-Analysis
    Keywords: Agricultural Productivity ; Agricultural Research ; Agricultural Subsidies ; Agriculture ; FARM Income ; Improvedruralliving Standards ; Subsidized Fertilizer and Agricultural Yield ; Systematic Agriculture Subsidy Review
    Abstract: This paper systematically analyzes the effect of agricultural input subsidies in developing countries on yield and income, using a meta-analysis. From three databases, the analysis identifies 12 studies with 32 estimated effects on yield and 23 estimated effects on income. The findings show that programs that provide subsidized fertilizer and improved seeds are associated with average increases of 18 percent in yields and 16 percent in farming household incomes. These findings suggest that agricultural subsidies can lead to increased yields and contribute to improved living standards
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  • 37
    Language: English
    Pages: 1 Online-Ressource (36 pages)
    Parallel Title: Erscheint auch als Dasgupta, Susmita Identifying and Monitoring Priority Areas for Methane Emissions Reduction
    Keywords: Agriculture ; Agriculture Methane Pollution ; Environment ; Environmental Case Study ; Global Methane Pledge ; Methane Emission Reduction ; Oil Production Pollution ; Pollution Management and Control ; Rice Production Methane ; Satellite Methane Data
    Abstract: This paper identifies high-priority areas for methane emissions reduction and estimates recent emissions changes in those areas using atmospheric concentration data from the European Space Agency's Sentinel-5P satellite platform. The modeling approach is illustrated with three case studies: landfills in Spain (Madrid), irrigated rice production in India (Karnal district, Haryana state), and oil production in Iraq (Al Amarah district, Maysan governorate). For each case, the paper estimates two change models by fixed effects: the monthly trend in methane concentration from January 2019 to November 2022, and the difference between mean concentration in 2022 and the previous three years. The paper estimates the change models for 775 high-priority areas and finds that cases with decreasing methane emissions are outnumbered four to one by cases with increasing emissions. The paper also analyzes trends in high-priority areas for seven major methane source sectors (agricultural soils, livestock, gas, oil, coal, landfills, and wastewater) and finds only two where emissions decreases outnumber increases (gas and oil). Among World Bank income groups, decreases outnumber increases in high-income economies but increases are hugely dominant in the other three groups. The paper concludes with a presentation of summary emissions trend reports for all 775 high-priority areas, with accompanying maps and an Excel file. As satellite-based monitoring becomes more widely employed, such reports will provide a useful template for judging further progress toward fulfillment of the Global Methane Pledge
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  • 38
    Language: English
    Pages: 1 Online-Ressource (29 pages)
    Parallel Title: Erscheint auch als Georgieva, Dorina Examining Business Reform Committees: Findings from a New Global Dataset
    Keywords: Business Enviornment ; Enterprise Development and Reform ; Globl Competitiveness ; Private Sector Development ; Public Sector ; Reform Committee ; Regulatory Coherence ; Regulatory Quality
    Abstract: Reform committees (also known as reform councils) are institutional mechanisms or structures tasked with holding policy discussions pertaining to (and making specific recommendations on) regulatory issues, to monitor improvement efforts and ensure regulatory coherence between agencies while enhancing regulatory quality. This paper presents novel granular data on business reform committees for 160 economies collected over 2020-22. The paper presents 35 questions and 238 variables grouped into three pillars: (i) mandate and scope, (ii) organizational structure and operational framework, and (iii) stakeholder engagement and communication. The dataset is unique in that it covers a large number of developing economies and presents detailed insights into the goals, structures, and components of reform committees while contributing to debates on strategies for promoting better regulations. Reform committees are heterogeneous structures, prevalent in lower-middle-income economies, followed by upper-middle-income economies. Most economies with a functioning reform committee state that their mandate is to improve competitiveness globally by improving the business regulatory/legislative framework, going beyond improvements of the business environment for domestic companies. In more than 50 percent of the economies the priorities are set at the ministry level, most commonly the Ministry of Finance or equivalent, followed by the Prime Minister's office. However, reporting lines can be very different-across a quarter of the economies, the chair of the reform committee reports to the President or the head of state, while in close to one-fifth the chair reports to the Prime Minister. In most economies, public sector representatives are members of both the steering board and the working groups. These findings provide new insights into the scope, mandate, and functioning of business reform committees at different income levels and across different regions; they also provide a robust foundation on which subsequent research efforts can build
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  • 39
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (55 pages)
    Parallel Title: Erscheint auch als Arroyo Marioli, Francisco Trading Places: Fundamentals, Speculation, and Information in US Corn Markets
    Keywords: Agricultural Demand ; Agricultural Productivity ; Agricultural Sector Economics ; Agriculture ; Commodities ; Corn Markets ; Corn Price Volatility ; Economic Conditions and Volatility ; Inflation ; Information Acquisition ; Macroeconomics and Economic Growth ; Market Efficiency
    Abstract: What explains the surge and plunge commodity markets have undergone in the past 20 years Are speculators to be blamed Do prices reflect full information These are the main questions addressed in this paper, in the context of the corn market. This paper formulates and calibrates two quantitative models of corn prices formation. The first model is designed to explain prices in the long run (annual frequency), while the second model applies to prices in the short run (quarterly frequency). For the long-run analysis, the paper finds that deviations of theoretical prices from observed ones are very small after 1996, and before 1996 they can be explained by government intervention. For the short-run analysis, the model is designed to mimic the typical seasonality seen in agricultural markets, incorporate supply and demand shocks as well as news shocks, and allows for speculative storage decisions. The paper finds that demand and supply fundamentals can account for around 52 percent of past price changes from 1975 to 2016. The model also estimates the impact of information shocks to explain an additional 18 percent of quarterly deviations. Finally, it finds that at least 30 percent of short-run price changes seem to have explanations other than supply or demand fundamentals or information, demonstrating that when analyzing quarterly data, prices do not always closely track fundamentals
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  • 40
    Language: English
    Pages: 1 Online-Ressource (90 pages)
    Parallel Title: Erscheint auch als di Giovanni, Julian Buy Big or Buy Small? Procurement Policies, Firms' Financing, and the Macroeconomy
    Keywords: Aggregate Productivity ; Business in Development ; Capital Accumulation ; Financial Friction ; Firm Dynamics ; Governance ; Government Procurement ; International Economics and Trade ; National Governance ; Private Sector Development ; Procurement Rules ; Small and Medium Size Enterprises ; Small Firm Growth Constraint
    Abstract: This paper provides a framework to study how different allocation systems of public procurement contracts affect firm dynamics and long-run macroeconomic outcomes. It builds a novel panel dataset for Spain that merges public procurement data, credit register loan data, and quasi-census firm-level data. The paper provides evidence consistent with the hypothesis that procurement contracts act as collateral for firms and help them grow out of their financial constraints. The paper then builds a model of firm dynamics with asset- and earnings-based borrowing constraints and a government that buys goods and services from private sector firms, and uses it to quantify the long-run macroeconomic consequences of alternative procurement allocation systems. The findings show that policies which promote the participation of small firms have sizeable macroeconomic effects, but the net impact on aggregate output is ambiguous. While these policies help small firms grow and overcome financial constraints, which increases output in the long run, these policies also increase the cost of government purchases and reduce saving incentives for large firms, decreasing the effective provision of public goods and output in the private sector, respectively. The relative importance of these forces depends on how the policy is implemented and the type and strength of financial frictions
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  • 41
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Agricultural Sector ; Agricultural Sector Economics ; Agriculture ; Gender ; Gender and Development ; Gender Disparities ; Inequality ; Informal Workers ; Jobs Diagnostic ; Labor Disparities ; Labor Markets ; Labor Standards ; Labor Supply ; Poverty Reduction ; Social Protections and Labor
    Abstract: Good quality jobs are key to accelerating poverty reduction and enhancing social cohesion in Togo. Following a decade of significant progress in reducing poverty, the COVID-19 pandemic and of Russia's invasion of Ukraine are likely to have reversed some of these gains in living standards, however. The creation of more good quality jobs plays a key role in any country's poverty reduction efforts, and will be essential to recover from recent shocks and reinforce earlier gains made in Togo. International research also points to lack of economic opportunities and insufficient social services as key drivers of radicalization of young people. Security threats in the northern region of the country have been growing, with terrorist attacks in Burkina Faso close to the Togolese border increasing in number and severity since 2018, and a first attack reported on Togolese territory in November 2021 in the Savanes region. Access to good quality jobs with a stable income for young Togolese will thus also be part of the solution to the security threats
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  • 42
    Language: English
    Pages: 1 Online-Ressource (35 pages)
    Parallel Title: Erscheint auch als Davies, Elwyn Training Microentrepreneurs over Zoom: Experimental Evidence from Mexico
    Keywords: Adult Remote Learning ; Business Training ; Digital Delivery ; Educational Sciences ; Microenterprises ; Private Sector Development ; Remote Skill Training Effectiveness ; Skills Development and Labor Force Training ; Social Protections and Labor
    Abstract: Standard in-person business training programs are costly and difficult to scale to the millions of microenterprises in the developing world. The authors conducted an experiment to test the feasibility, cost-savings, and impact of delivering live training sessions over Zoom to microentrepreneurs in Mexico and Guatemala. This paper demonstrates that it is now feasible to recruit and train self-employed women online, covering a wide geographic area, with few technology issues. However, the cost savings over in-person classes are less than expected. Training improved business practices and performance over two months, but the impacts had dissipated within six months
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  • 43
    Language: English
    Pages: 1 Online-Ressource (74 pages)
    Parallel Title: Erscheint auch als Jedwab, Remi The Effects of Climate Change in the Poorest Countries: Evidence from the Permanent Shrinking of Lake Chad
    Keywords: Adaptation ; Adaptation To Climate Change ; Agriculture ; Aridification ; Climate Change ; Climate Change and Agriculture ; Ecosystems and Natural Habitats ; Environment ; Land Supply ; Land Use ; Natural Disasters ; Rural Decline ; Shrinkage of Lakes ; Social Aspects of Climate Change ; Social Development ; Water Supply
    Abstract: Empirical studies of the economic effects of climate change largely rely on climate anomalies for causal identification purposes. Slow and permanent changes in climate-driven geographical conditions, that is, climate change as defined by the Intergovernmental Panel on Climate Change, have been relatively less studied, especially in Africa, which remains the most vulnerable continent to climate change. This paper focuses on Lake Chad, which used to be the 11th largest lake in the world. Lake Chad, which is the size of El Salvador, Israel, or Massachusetts, slowly shrank by 90 percent for exogenous reasons between 1963 and 1990. While the water supply decreased, the land supply increased, generating a priori ambiguous effects. These effects make the increasing global disappearance of lakes a critical trend to study. For Cameroon, Chad, Nigeria, and Niger-25 percent of Sub-Saharan Africa's population- the paper constructs a novel data set tracking population patterns at a fine spatial level from the 1940s to the 2010s. Difference-in-differences show much slower growth in the proximity of the lake, but only after the lake started shrinking. These effects persist two decades after the lake stopped shrinking, implying limited adaptation. Additionally, the negative water supply effects on fishing, farming, and herding outweighed the growth of land supply and other positive effects. A quantitative spatial model used to rationalize these results and estimate aggregate welfare losses, which accounts for adaptation, shows overall losses of about 6 percent. The model also allows studying the aggregate and spatial effects of policies related to migration, land use, trade, roads, and cities
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  • 44
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2209
    Keywords: Agriculture ; Armed Conflict ; Children and Education ; Civil War ; Conflict ; Conflict and Development ; Displacement ; Food Security ; Food Unaffordability ; Health and Poverty ; Health, Nutrition and Population ; Humanitarian Response ; Limited Health Care ; Living Costs ; Living Standards ; Poverty Reduction ; Reduced Food Intake ; Repeated Shocks
    Abstract: This report highlights respondents' lived experiences during Yemen's conflict as experts of their own experiences. This report aims to present the voices of Yemenis who have now spent eight years living through a civil war, economic crisis, and close to famine. This report is among the few authentically capturing Yemeni voices on a range of day-to-day issues from different governorates across the country. But arguably the small sample size limits ability to generalize findings. However, generalizing findings was not the intention of the report. For each theme, 'Voices from Yemen' presents a multi-stakeholder perspective to mitigate bias towards a single stakeholder group or geographical area. Moreover, the report's findings are in line with those in quantitative reports, such as 'Surviving in the Times of War' or the 'World Bank Phone Survey' report on food security. 'Voices from Yemen' presents a comprehensive picture of suffering derived from human stories behind the statistics. The conflict has made Yemeni lives unaffordable, uncertain, vulnerable, and often unbearable. The power of people's speech and the intensity of their stories narrate their grave vulnerabilities and the sense of helplessness and suffering the conflict has caused
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  • 45
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (37 pages)
    Parallel Title: Erscheint auch als Beegle, Kathleen Missing SDG Gender Indicators
    Keywords: Corporate Data and Reporting ; Gender ; Gender and Social Policy ; Gender Equality Goals ; Gender Monitoring and Evaluation ; International Organizations ; Law and Development ; National Statistical System ; Private Sector Development ; Statistical Indicators ; Tracking Gender SDG Goals
    Abstract: The Sustainable Development Goal agenda lays out an ambitious set of 231 indicators to track progress. Countries continue to fall short in terms of reporting on the indicators in general, and this is particularly the case for the subset of 50 gender-related indicators, where countries reported on average on 31 percent of these indicators in at least one year from 2016 to 2020. A closer look at this low coverage reveals four salient fundings. First, this is not just a problem of missing data; lack of reporting on existing data is detected to be a problem. For example, of the 32 gender-related indicators that are sex disaggregated, if countries that had a population estimate also had a sex-disaggregated estimate (which is almost always feasible), the Sustainable Development Goal gender coverage rate would be 43 percent instead of 31 percent. Second, better statistical systems are a major part of the solution, as statistical system strength is correlated with higher coverage. Third, poorer countries are doing no worse in reporting on gender-related Sustainable Development Goal indicators than high-income countries, despite weaker statistical systems. Lastly, sizable over (and under) performance in reporting, conditional on statistical strength, suggests that country-level advocacy and focus can yield wins in Sustainable Development Goal gender indicator coverage
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  • 46
    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: Agriculture ; Cash Crop Production ; Digital Technologies ; Gender ; Gender and Development ; Gender and Economics ; Gender Monitoring and Evaluation ; New Markets ; Women Farmers
    Abstract: Gender productivity gaps in agriculture are large around the world, even though women comprise 40-50 percent of the agricultural labor force in developing countries. Gender differences in agricultural productivity can be as high as 66 percent and can cost countries up to USD 105 million annually. Women farmers tend to produce lower output per unit of land than men farmers because of gender-specific constraints, such as unequal access to farm labor, agricultural inputs, lower literacy, childcare responsibilities, limited involvement in cash crop production, and lower participation in farmers' groups. Women farmers are concentrated in the lower levels of agricultural value chains and are less likely to be active in commercial farming than men. Restrictive gender norms underlie occupational sex segregation in agriculture, leading women to concentrate in low-value crops. Research by the Africa GIL indicates that when women manage cash crop plots-and have access to the same inputs and resources as men-they are able to be as productive as their male counterparts. The GIL Federation is generating rigorous evidence around the world to understand what works, and what does not, in narrowing gender productivity gaps and helping farmers reach their potential. This note presents evidence on three key findings based on impact evaluations
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  • 47
    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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  • 48
    Language: English
    Pages: 1 Online-Ressource (27 pages)
    Parallel Title: Erscheint auch als Edjigu, Habtamu Uncertainty in Preferential Trade Agreements: Impact of AGOA Suspensions on Exports
    Keywords: Africa Growth and Opportunity Act (ACGOA) ; Agricultural Trade ; Agriculture ; Apparel and Textile Exports ; Export Decline ; Export Uncertainty ; Free Trade Agreement ; International Economics and Trade ; Preferential Trade Agreement ; Reciprocity
    Abstract: This study examines the impact of the abrupt suspension of African Growth and Opportunity Act benefits on exports from eligible African countries. The study uses a triple difference-in-differences estimation that controls for both country- and product-level export changes. The results suggest that the suspension of the African Growth and Opportunity Act has had a considerable negative impact on the level of exports to the United States. The impact appears to be bigger for countries with a high African Growth and Opportunity Act utilization rate. The suspension is associated with a 39 percent decline in exports to the United States. At the product level, the suspension hurt apparel and textile exports, leading to a decline of their exports by about 88 percent. Understanding the impact of withdrawing access to a nonreciprocal trade agreement is particularly important now, as the European Union began negotiating Economic Partnership Agreements with African countries, as a sign of a shift to reciprocity; the United States is considering a similar path of negotiating free trade agreements with individual African countries. These developments underscore the need to prepare for a post-African Growth and Opportunity Act period with more reciprocity, as trade uncertainty is becoming rampant
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  • 49
    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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  • 50
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Equitable Growth, Finance and Institutions Insight
    Keywords: Investment and Investment Climate ; Investment Promotion Agencies ; IPA Strategy ; KPI ; Macroeconomics and Economic Growth ; Monitoring and Evaluation ; Private Sector Development ; Private Sector Economics
    Abstract: Governments establish investment promotion agencies (IPAs) as part of the larger framework fostering private sector development and contributing to achieving national development objectives. IPAs do this by attracting and supporting investments that will translate into more and better jobs; higher wages; more revenue for local businesses; and the skills, technologies, and new economic activities which will, in turn, lead again to more jobs, wages, and local revenue. In order to do this, the IPA must identify its own strategic objectives and chart a path towards the achievement of these objectives. Cascading from national strategies and plans, the IPA's strategy is a key tool that helps it succeed by guiding it to focus on the investors most likely to invest and generate the desired impacts, engage in the most suitable activities to cater to investors along the investment lifecycle, and make the best use of its resources, capabilities, and partnerships. This note serves as a guide to IPAs and policy makers in the development, adoption, and implementation of IPA strategies, drawing on World Bank Group experience and examples of good practices around the world. It presents the essential elements of an investment promotion strategy and the critical steps for its development and implementation
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  • 51
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: IEG Independent Evaluations and Annual Reviews
    Keywords: IDA ; International Development Association ; Private Sector Development ; Private Sector Economics ; Private Sector Window ; PSW
    Abstract: Attracting private capital and developing the private sector in low-income countries are challenging. The challenges involved in mobilizing private capital and developing the private sector in many IDA countries, especially those that are fragile and conflict-affected situations (FCS), are substantial (World Bank 2016). In many of these countries, the domestic private sector is small, informal, and constrained by a weak macroeconomic and regulatory environment, infrastructure bottlenecks, and a limited skilled labor force. High country risks and capital flight concerns make domestic and international investors reluctant to engage, particularly in FCS, which also experience security risks. As a result, IDA countries' ability to attract private investment and grow the local private sector remains limited. The assessment will update a previous IEG evaluation of the Private Sector Window (PSW) and complement a concurrent paper by the International Development Association (IDA), the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA). This focused assessment (the PSW evaluation update) responds to a request by the Committee on Development Effectiveness and World Bank Group management for IEG to prepare an update to The World Bank Group's Experience with the IDA Private Sector Window: An Early-Stage Assessment (World Bank 2021), which was completed by IEG in July 2021 and covered the PSW implementation experience under the 18th Replenishment of IDA (IDA18) for fiscal years 2018-20. The PSW evaluation update will add IDA19 and early IDA20 PSW projects. Concurrently, IDA, IFC, and MIGA are jointly preparing a paper on the PSW as an input to the IDA20 Mid-Term Review, focused on implementation progress and early results of the PSW (the IDA PSW paper). The IEG and IDA-IFC-MIGA teams working on the two assessments have agreed to conduct complementary analyses to inform the Mid-Term Review
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  • 52
    Language: English
    Pages: 1 Online-Ressource (44 pages)
    Parallel Title: Erscheint auch als Grover, Arti Do Shocks Perpetuate Disparities within and across Informal Firms? Evidence from the COVID-19 Pandemic in South Asia
    Keywords: COVID Shock To Informal Firms ; COVID-19 Economic Recovery ; COVID-19 Impact ; Equity and Development ; Firms in Crisis ; Informality ; Information and Communication Technologies ; Poverty Reduction ; Private Sector Development ; Private Sector Economics ; Private Sector Support
    Abstract: Using three rounds of data from the Business Pulse Survey in South Asia, this paper studies the differential effects of the COVID-19 shock on informal firms. It also captures heterogeneity within informal firms based on the degree and motivation of informality. The findings suggest that the severity of the impact of the COVID-19 shock and the recovery speed are strongly associated with the degree of informality. Firms' external attributes, such as size, sector, age, and gender of the owner, do not explain the depth of the impact. Internal characteristics such as poor management capabilities and education of the manager and owners are strong predictors of vulnerability among informal firms. In particular, necessity firms experience a larger drop in sales relative to the parasitic type of informal firms. To add to this, the adjustment response (for example, the use of digital platforms) of informal firms is smaller, which perpetuates the gap between formal and informal firms. Within informal firms, the parasitic type typically have a smaller adjustment response. These findings have implications for policies to support the private sector in the presence of informality, including considerations pertaining to targeting, modality of support, and the instruments required for designing more impactful programs during shocks
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  • 53
    Language: English
    Pages: 1 Online-Ressource (52 pages)
    Parallel Title: Erscheint auch als Nguyen Huy, Tung Combatting Forest Fires in the Drylands of Sub-Saharan Africa: Quasi-Experimental Evidence from Burkina Faso
    Keywords: Agriculture ; Deforestation ; Drylands Fire Prevention ; Environment ; Fire Reduction Case Study ; Forest Conservation ; Forest Fire ; Forestry Management ; Synthetic Control Method
    Abstract: Forest fires are among the main drivers of deforestation and forest degradation in the drylands of Sub-Saharan Africa. This paper uses remote sensing data on forest fires and remaining tree cover to estimate the effectiveness of a project targeted at reducing fire incidences in twelve protected forests in arid Burkina Faso. The project consisted of two components that were implemented in the villages surrounding the target forests: a campaign aimed at raising community awareness about the detrimental effects of forest fires, and a program to support establishing and maintaining forest fire prevention infrastructures. Using the Synthetic Control Method the paper finds that the project resulted in a 35% reduction in forest fire occurrences in the period of the year when they tend to be most prevalent -in November, at the very end of the agricultural season. However, this impact is short-lived (as the reduction only occurred in the first four years of the program). The reduction in forest fires also did not result in a detectable increase in vegetation cover-because the reduction in November was not sufficiently large to be captured via remote sensing, or because the duration of the reduction was too short for the vegetation to recover. The paper then tries to uncover the underlying mechanisms to shed light on which of the project's components were effective and to also learn how the program can be improved
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  • 54
    Language: English
    Pages: 1 Online-Ressource (60 pages)
    Parallel Title: Erscheint auch als Bussolo, Maurizio How Selling Online is Affecting Informal Firms in South Asia
    Keywords: Access To Finance ; Business in Development ; Customer Acquisition ; E-Commerce Platform ; E-Commerce Sellers ; Growing Smallbusinesses ; Informal Employment ; Informality ; Market Access ; Online Shopping App ; Onlinebusiness ; Private Sector Development
    Abstract: Understanding how e-commerce platforms are affecting the small, informal firms that sell on them is a question of growing importance to researchers and policy makers in developing countries. This paper examines this question using data from surveys of firms selling on two e-commerce platforms in South Asia. The businesses selling on these platforms range widely in terms of size, degree of formalization, and other characteristics. However, these firms - even the micro and small ones, which tend to be informal - are from a selected group, being owned and managed by individuals who are more educated and younger than the owners and managers of more typical firms in this setting. The sellers' main reason for joining the platforms is to access more customers. Most of the sellers report an expansion of their business after joining the platforms. They also report an increase in their incentive to register their business and their visibility to tax authorities. Other, less widespread channels of impact reported by the firms include the adoption of new or improved business practices and technologies, better access to finance, and greater flexibility in balancing home and work life. In general, these reported impacts do not vary significantly by firm size or degree of formalization, suggesting that even informal, small firms that have (selectively) joined e-commerce platforms can benefit from the greater market access facilitated by the platforms. Finally, given size and age, firms that have been selling on the platform for a longer period are more likely to experience these impacts, suggesting that firms learn how to use the platform more effectively over time
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  • 55
    Language: English
    Pages: 1 Online-Ressource (45 pages)
    Parallel Title: Erscheint auch als Alfani, Federica Job Displacement and Reallocation Failure: Evidence from Climate Shocks in Morocco
    Keywords: Agriculture ; Climate Change ; Climate Change and Agriculture ; Climatic Shock ; Communities and Human Settlements ; Drought ; Employment and Unemployment ; Evapotranspiration Precipitation Index (SPEI) ; Gender and Climate Change ; Human Migrations and Resettlements ; Job Displacement ; Migration ; Resettlement ; Social Development ; Unemployment ; Voluntary and Involuntary Resettlement
    Abstract: This paper investigates the effects of severe drought shocks in Morocco's agriculture sector. Using a staggered difference-in-differences design, the estimates show that climatic shocks produced job displacement of about 6.5 percentage points for workers who were exposed to severe drought events. Overall, about 45 percent of these workers remained unemployed, generating a partial reallocation failure. The effects are significant only for severe and extreme shocks; they last for at least five years, and are more pronounced among females and the least educated workers
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  • 56
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Agriculture Study
    Keywords: Agricultural Knowledge and Information Systems ; Agriculture ; Climate Change Impacts ; Digital Climate Information ; Environment ; Food Systems ; Resilience ; West Africa
    Abstract: By advancing knowledge on digital climate information and agriculture advisory services ('agromet services') in support of West Africa's farmers, this report has two objectives. First, it aims to identify priority actions for promoting digital agromet services under the West Africa Food System Resilience Program (FSRP) with a focus on Burkina Faso, Ghana, Mali, Niger, and Togo. Second, the report strives to provide insights on the required ingredients for creating viable agromet delivery models to all stakeholders involved in the production and dissemination of weather and climate information. These stakeholders include representatives from the Ministries of Agriculture (MOAs), National Meteorological Services (NMSs), Disaster Risk Management (DRM) specialists, interested parties from the private sector and civil society, and development practitioners. This report's findings were obtained through i) a benchmarking analysis of ten case studies examining existing delivery mechanisms of digital agromet services, and ii) semi-structured interviews with public institutions complemented by desk research. Case study results indicate that providers of agromet services should bundle different service types and diversify revenue streams to ensure that their offerings are impactful and viable. The report also finds that increasing levels of trust between the public and the private sector would facilitate the creation of innovative climate information delivery models based on public-private engagement (PPE). Other key recommendations to enhance agromet services include continuing to invest in the technical and human capacity of the region's NMSs, increasing collaboration between NMSs and agricultural extension services, and establishing clear regulatory frameworks on digitalization and open data
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  • 57
    Language: English
    Pages: 1 Online-Ressource (35 pages)
    Parallel Title: Erscheint auch als Ebadi, Ebad Fit for (Re)Purpose? A New Look at the Spatial Distribution of Agricultural Subsidies
    Keywords: Agriculture ; Agriculture Subsidy ; Distribution ; Environmental Degradation ; Fertilizer ; Inequality ; Nitrogen Pollution
    Abstract: Agricultural subsidies make up a large share of public budgets, exceeding 40 percent of total agricultural production value in some countries. Subsidies are often important components of government strategies to raise agricultural productivity, support agricultural households, and promote food security. They do so by reducing production costs, promoting the use of inputs or modern farming techniques, encouraging the production of certain crops, and raising household incomes. Given the magnitude of these subsidies, their distributional implications and the externalities they impose on the environment are of significant consequence. This paper uses a new spatial analysis to explore the distributional implications of agricultural output subsidies across 16 countries/regions and the distributional and select environmental implications of input subsidies across 23 countries/regions. The findings show that, relative to the spatial distribution of income, both types of subsidy are distributionally mixed. Output subsidies are relatively progressive in 10 countries/regions and regressive in six, while input subsidies are relatively progressive in 11 countries/regions, regressive in nine, and neutral in three. The results also show that input subsidy schemes significantly increase fertilizer use, particularly in richer regions within countries, leading to soil saturation of nitrogen, an indicator of accelerated environmental degradation
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  • 58
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (54 pages)
    Parallel Title: Erscheint auch als Dizon, Felipe Water Constraints to Agricultural Productivity in Bhutan
    Keywords: Agricultural Irrigation and Drainage ; Agriculture ; Agriculture Census Data ; Agriculture Productivity ; Agriculture Research ; Farming Science ; Irrigation ; Irrigaton and Crop Yield
    Abstract: This paper uses two years of agriculture census data to build a panel dataset that consists of all the small towns in Bhutan. This dataset is used to estimate the impact of irrigation gaps and drought on the yields of paddy, maize, and other crops. The paper compares the estimated impacts from a panel fixed effects model and a spatial first differences model. The findings show that irrigation gaps reduce paddy yields and droughts reduce maize yields. Estimates from the spatial first differences model are found to be consistent relative to those from the panel fixed effects model. The paper further finds that water constraints reduce yields of vegetable crops, and other constraints, such as labor shortages, wild animals, insects, and diseases, also reduce the yields of cereal crops
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  • 59
    Language: English
    Pages: 1 Online-Ressource (31 pages)
    Parallel Title: Erscheint auch als Cull, Robert Trade Credit: Theory and Evidence for Emerging Economies and Developing Countries
    Keywords: Access To Finance ; Banking Institutions ; Capital Markets and Capital Flows ; Finance and Financial Sector Development ; Financial Development and Growth ; International Trade ; Medium-Sized Firms ; Private Sector Development ; Trade Credit
    Abstract: Trade credit remains an important source of finance for firms in developing countries and many firms in developed countries, especially those that are young, small, or informationally opaque for other reasons. This paper summarizes the literature and explains the pervasiveness of trade credit, detailing its potential advantages over formal credit in terms of the information that buyers and sellers have about each other and their ability to monitor one another. Because it requires less formal contract enforcement, trade credit can be especially relevant where the rule of law and the legal system are weak. At the same time, reliance on information from social networks and informal institutional arrangements limits the scale of trade credit, and thus moderate improvements to formal enforcement can expand trade credit beyond social networks and enable customers to switch suppliers, which improves their credit terms. The patterns suggest a sweet spot or "Goldilocks" region where mid-size firms and those in countries at middling levels of development tend to rely relatively more heavily on trade credit than others. Going forward, detailed data on the relationship between suppliers and customers are crucial to enable more direct tests of theoretical predictions regarding trade credit
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  • 60
    Language: English
    Pages: 1 Online-Ressource (39 pages)
    Parallel Title: Erscheint auch als Deininger, Klaus Impact of the Russian Invasion on Ukrainian Farmers' Productivity, Rural Welfare, and Food Security
    Keywords: Agricultural Production ; Agriculture ; Armed Conflict Impact on Agriculture ; Conflict and Development ; Credit Markets ; Farm Profitability ; Food Security ; Post Conflict Reconstruction ; Post-Conflict Agricultural Reconstruction ; Rural Impact of War ; Rural Welfare
    Abstract: Data from 2,251 small and medium-size farms for 2021 and 2022 show that area reductions in response to the Russian invasion of Ukraine remained limited. However, worsening terms of trade reduced farm profitability, implying that 46 percent of farms had a negative cash flow and 54 percent (67 percent in the 50-120 hectare group) were credit constrained in 2022, implying that longer term effects may be more adverse. Total factor productivity varies significantly across size groups but is not significantly different between formal and informal farms in the same size group. This suggests that limited transferability of land use rights that are disproportionately used by smaller farms may be one reason for low productivity. Improving transferability of land, digital access to markets, and mortgage lending could thus trigger investment and growth in higher value products by small and medium-size farms to solidify Ukraine's comparative advantage in agriculture and improve rural living conditions in the context of reconstruction
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  • 61
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (60 pages)
    Parallel Title: Erscheint auch als Lerva, Benedetta The Monetary Value of Externalities: Experimental Evidence from Ugandan Farmers
    Keywords: Agricultural Sector Economics ; Agriculture ; Economic Development ; Externalities ; Field Experiments ; Macroeconomics and Economic Growth ; Social Networks ; Technology Adoption ; Willingness To Pay
    Abstract: Understanding the value of the externalities associated with a technology is crucial to correctly estimate the welfare benefits of public policies and investments. Suboptimal adoption rates of agricultural technologies in low-income countries partly result from farmers not fully internalizing the positive externalities of adoption. This paper designs an experiment to measure the monetary value of the externalities of an agricultural pest-control technology; it elicits a farmer's willingness-to-pay for another farmer to adopt the technology, as a measure of the externalities generated by the other farmer. The findings show that externalities are large, as mean willingness-to-pay for others is equal to two days' wage, or half the willingness-to-pay for themselves. Willingness-to-pay for another farmer depends on social proximity (as it is easier to learn about the technology from closer connections), and the distance between their two plots (as pest-control is more beneficial for plot neighbors). Targeting the technology to farmers with geographically central plots and more socially connected farmers generates greater positive externalities and more social value than targeting farmers with the highest willingness-to-pay for themselves
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  • 62
    Language: English
    Pages: 1 Online-Ressource (102 pages)
    Parallel Title: Erscheint auch als Amin, Mohammad The Resilience of Smes and Large Firms in the COVID-19 Pandemic: A Decomposition Analysis
    Keywords: Competition Policy ; Competitiveness and Competition Policy ; COVID-19 Impact ; COVID-19 Pandemic Supply Chain Disruption ; Decomposition ; Firm Size ; Firm Size and Resilience ; International Economics and Trade ; Private Sector Development ; Small And Medium Size Enterprise (SME) ; Small and Medium Size Enterprises ; Supply Chain Disruption Impact
    Abstract: This study analyzes the difference in the decline in sales between small and medium-size enterprises and large firms (the "gap") following the outbreak of COVID-19 in 19 developing countries. The decline in sales as a percentage of the pre-pandemic level was bigger for small and medium-size enterprises by 12.2 percentage points. The paper uses the Kitagawa-Oaxaca-Blinder and quantile decomposition methods to estimate individual factors' contributions to the gap at the mean and across the sales decline distribution. Several important results emerge. First, relative to large firms, small and medium-size enterprises faced greater incidence of input supply disruptions during the pandemic, had lower initial labor productivity levels, and were concentrated in country-industry cells with a bigger sales declines. These differences in the level of factors widened the gap. Small and medium-size enterprises also suffered more than large firms from a given level of financial constraints, input supply disruptions, and country-industry-specific factors, and benefitted less from a given level of initial labor productivity. These differences in the returns to factors also widened the gap. Second, the gap was much larger at the relatively high quantiles of sales decline distribution, indicating that relative to large firms, small and medium-size enterprises were much less resilient to large shocks than small shocks. Third, individual factors' contribution to the gap varied across the sales decline distribution. Thus, the optimal policy mix depends on the size of the shock. Fourth, there were some important differences between geographical regions in what drove the gap. Thus, an eclectic policy approach is needed that duly accounts for the prevailing local conditions
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  • 63
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (52 pages)
    Parallel Title: Erscheint auch als Brucal, Arlan Masters of Disasters: The Heterogeneous Effects of a Crisis on Micro-Sized Firms
    Keywords: Business Cycles and Stabilization Policies ; Business Pulse Survey Data ; COVID-19 Impact ; Crisis and Micro and Small Firms ; Crisis Effects ; Informality ; International Finance Corporation ; Macroeconomics and Economic Growth ; Microenterprises ; Private Sector Development ; Resilience ; Small and Medium Size Enterprises
    Abstract: Most crises have a disproportionately larger negative effect on micro-sized firms. Yet, the heterogeneity of impact within micro-sized firms is lesser known. Using five waves of the World Bank's Business Pulse Survey data, this paper finds that firms with zero to four employees have a much larger drop in sales and slower recovery rate compared to micro-sized firms with five to nine employees. The overall differences in the resilience between the two groups of micro-sized firms could potentially be due to a uniformly lower productivity level of firms with zero to four employees. Within the two groups of micro-sized firms, resilience is correlated with their liquidity position, managerial attitudes as well as their abilities. Using discriminant analysis, this paper confirms that a significant proportion of micro-sized firms mimic the behavior of larger firms in terms of their resilience to shocks and could potentially be "misclassified" as micro-sized. These findings have important implications for targeting and tailoring support for enhancing businesses' resilience to shocks
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  • 64
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (40 pages)
    Parallel Title: Erscheint auch als Englander, Gabriel The Value of Information in a Congested Fishery
    Keywords: Agricultural Knowledge and Information Systems ; Agriculture ; Competitiveness and Competition Policy ; Fisheries and Aquaculture ; Fishery Congestion ; Fishery Profits ; Fishing Data ; Fishing Efficiency ; Fishing Industry ; Industry ; Peruvian Anchoveta ; Private Sector Development ; Value of Information
    Abstract: Congestion can reduce the value of a fishery, resulting in a lower total catch for the same amount of labor, fuel, and equipment expended in fishing activities. Absent the congestion externality, better information about the location and size of fish stocks enables fishers to make more efficient decisions. However, more precise information can cause fishers to converge on the same location or increase fishing at the same time. The cost of the resulting increased congestion can outweigh the direct benefit of better information. This paper identifies the circumstances where an increase in the precision of public and/or private information (about stock size or location) lowers industry profits. Using high-resolution data from Peru's anchoveta fishery, the world's largest by catch volume, the research reveals that despite considerable congestion, more precise private information would increase expected profits. On the other hand, the profit impact of more precise public information is positive but significantly smaller. This difference reflects the fact that public information increases congestion to a much greater extent, compared to private information. The policy implications are that improving private information about fish stocks-for example through firms investing in forecasting and decision-making technology-could increase industry profits. But anchoveta fishers would not necessarily benefit from more precise public information. As fishery managers control the accessibility and disclosure of information, decisions to make private information public, such as publishing near real-time catch data, could potentially lower fisher profits
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  • 65
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (43 pages)
    Parallel Title: Erscheint auch als Kassa, Woubet Food Insecurity Erodes Trust
    Keywords: Agriculture ; Experiential Measures of Food Insecurity ; Food Insecurity ; Food Insecurity Experience Scale ; Food Security ; Gallup World Poll ; Governance ; Health, Nutrition and Population ; Social Contract ; Trust
    Abstract: This study examines the relationship between food insecurity and trust using the 2014-17 waves of the Gallup World Poll and the Food and Agriculture Organization's Food Insecurity Experience Scale. Trust improves public institutions, social capital, public health interventions, and economic development. Vertical trust is represented as an index of trust in national institutions, while horizontal trust is represented as a measure of trust in friends and family. The findings show that food insecurity is associated with a decrease in both measures of trust. The study further document heterogeneous effects of food insecurity across economic development rankings. The results suggest a need for governments to increase food security to bolster public trust, strengthen the social contract, and enhance the effectiveness of development efforts
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  • 66
    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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  • 67
    Language: English
    Pages: 1 Online-Ressource (29 pages)
    Parallel Title: Erscheint auch als Avalos, Edgar Firms' Digitalization during the COVID-19 Pandemic: A Tale of Two Stories
    Keywords: Coronavirus ; COVID-19 ; Digital Adoption in Developing Countries ; Digital Divide ; Digitalization ; Firm-Level Innovation ; Health, Nutrition and Population ; ICT Policy and Strategies ; Information and Communication Technologies ; Innovation ; Innovation and Technology Policy ; Mobiity Restrictions and Digitalization ; Private Sector Development ; Small and Medium Size Enterprises
    Abstract: The COVID-19 pandemic accelerated the digital transformation of businesses. Using a unique global panel dataset, this paper documents the patterns of digital adoption during the pandemic across firms in 57 (mostly developing) countries. The data show the tale of two stories. On one hand, the pandemic drove firms to increase the use of digital platforms and invest in digital solutions. On the other hand, there is evidence that the digital divide increased. There remain substantial gaps between small and large firms as well as across sectors, particularly for new investments in digital solutions. Firms that did not use any digital platform or channel before the pandemic, also lagged in their response to the pandemic, increasing the gap with those that were more digitally ready. Moreover, although the share of online sales across firms for all size groups increased, there is a growing concentration of online sales among top firms. The paper discusses some of the factors associated with this increase in the digital divide and find that changes in digitalization remain even after mobility restrictions have eased. The analysis suggests that the pandemic has accelerated digitalization, but some firms disproportionately benefited from the digital transformation, potentially increasing the digital divide
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  • 68
    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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  • 69
    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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  • 70
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (31 pages)
    Parallel Title: Erscheint auch als Dizon, Felipe Climate Change, Urban Expansion, and Food Production
    Keywords: Agriculture ; Agriculture ; Agriculture Adaptation To Climate Change ; Climate Change ; Climate Change Mitigation ; Crops and Climate ; Food and Climate Change ; Food Insecurity ; Food Security ; Land Use and Agriculture ; Livestock Farming ; Urban Expansion
    Abstract: Where and how cities grow will influence food production and the risks to food production. This paper estimates the overlap of future urban expansion in 2040 and 2100 with current crop and livestock production under different climate scenarios. First, it finds that urban areas will expand most into areas with fruits, vegetables, and chickens, and urban areas will expand most under a scenario with significant challenges to climate change mitigation. Second, the share of food producing areas that will overlap with urban expansion will be largest in Africa, particularly under a scenario of significant challenges to climate change adaptation. Third, across all scenarios, urban expansion is likely to take place in areas with higher crop or livestock production, but even more so when there are significant challenges to both mitigation and adaptation
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  • 71
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Business Environment ; Economic Forecasting ; Economic Growth ; Growth and Prices ; Macroeconomics and Economic Growth ; Payments ; Poverty Projections ; Private Sector ; Private Sector Development ; Public Finances
    Abstract: Private sector participation in the Tajik economy is relatively large, but dynamism is very low. Analysis with micro-level data points to multiple weaknesses: low entry rate, low productivity, limited integration to trade, low incidence of innovation, and limited capabilities. Also revealing is that private firms struggle to grow as they age. All these aspects reflect a business environment that does not reward the more efficient firms or those with the highest growth potential. The Covid-19 effects brought additional challenges to this low-level equilibrium scenario with shocks in sales and financial distress. The silver line aspect stems from the increasing use of digital technologies. Still, the apparent digital divide regarding firm size poses questions on the real implications for future productivity performance. Against this backdrop, and to tackle the long-term weaknesses of the private sector in Tajikistan, it is crucial to remove barriers that prevent the reallocation of resources towards more productive firms so that the private sector becomes more efficient and able to generate more and better jobs. In this case, and to prioritize measures that maximize effects on aggregate demand in the short-medium-run, it is crucial to give precedence to structural policies that remove impediments to firm entry and expansion of the private sector. Three sets of barriers deserve particular attention: (i) barriers to competition, (ii) barriers to foreign direct investment, and (iii) trade barriers. These barriers must be tackled together because they all reinforce each other regarding firms' competitiveness
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  • 72
    Language: English
    Pages: 1 Online-Ressource (36 pages)
    Parallel Title: Erscheint auch als Andree, Bo Pieter Johannes Machine Learning Imputation of High Frequency Price Surveys in Papua New Guinea
    Keywords: Agriculture ; Agriculture and Food Security ; Economic Shocks ; Economic Theory and Research ; Food Prices ; Inflation ; Machine Learning Advances ; Macroeconomic Monitoring ; Macroeconomics and Economic Growth ; Poverty Monitoring and Analysis ; Poverty Reduction
    Abstract: Capabilities to track fast-moving economic developments re-main limited in many regions of the developing world. This complicates prioritizing policies aimed at supporting vulnerable populations. To gain insight into the evolution of fluid events in a data scarce context, this paper explores the ability of recent machine-learning advances to produce continuous data in near-real-time by imputing multiple entries in ongoing surveys. The paper attempts to track inflation in fresh produce prices at the local market level in Papua New Guinea, relying only on incomplete and intermittent survey data. This application is made challenging by high intra-month price volatility, low cross-market price correlations, and weak price trends. The modeling approach uses chained equations to produce an ensemble prediction for multiple price quotes simultaneously. The paper runs cross-validation of the prediction strategy under different designs in terms of markets, foods, and time periods covered. The results show that when the survey is well-designed, imputations can achieve accuracy that is attractive when compared to costly-and logistically often infeasible-direct measurement. The methods have wider applicability and could help to fill crucial data gaps in data scarce regions such as the Pacific Islands, especially in conjunction with specifically designed continuous surveys
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  • 73
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2114
    Keywords: Adaptation To Climate Change ; Agriculture ; Climate Change ; Energy ; Environment ; Green Infrastructure ; Hydro Power ; Landscape Restoration ; Sustainable Land Management ; Vakhsh River ; Water
    Abstract: This report outlines the main results of a study conducted to assess the potential role of landscape restoration/nature-based solutions/green infrastructure in the Vakhsh River Basin, Tajikistan, to reduce the impacts of soil erosion on the hydropower cascade, increase agricultural productivity, improve livelihoods, and inform about investment opportunities. This assessment finds sediment sources and loadings in the Vakhsh River Basin, considers the potential correlation between soil erosion and sedimentation in hydropower reservoirs, proposes possible and cost-effective landscape restoration measures, and estimates the value of ecosystem services provided. The study also presents recommendations for implementing the proposed interventions for the Vakhsh River Basin and for scaling up to other degraded areas throughout the country
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  • 74
    Language: English
    Pages: 1 Online-Ressource (107 pages)
    Parallel Title: Erscheint auch als Kondylis, Florence Learning from Self and Learning from Others: Experimental Evidence from Bangladesh
    Keywords: Agricultural Extension ; Agricultural Knowledge and Information Systems ; Agricultural Technology Adoption ; Agriculture ; Agriculture and Farming Systems ; Bayesian Learning Model ; Climate Change and Agriculture ; Demonstration Plot ; Saline-Resistant Seed ; Teaching Farm Methods
    Abstract: Can decentralizing demonstration accelerate learning about new technologies This paper randomizes access to a fixed demonstration kit for new flood-saline-resilient seeds across villages in Bangladesh, with demonstration either by a single farmer or spread across many farmers. In the short run, higher learning from self and others under decentralization increases technology adoption. In the long run, the impacts of any demonstration persist, but the additional impacts of decentralization vanish. A Bayesian model of learning the returns to a new technology suggests belief dispersion caused noisy adoption along the learning path, and farmers' expected gains from demonstration are four times higher under decentralization
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  • 75
    Language: English
    Pages: 1 Online-Ressource (39 pages)
    Parallel Title: Erscheint auch als Lain, Jonathan Seasonal Deprivation in the Sahel is Large, Widespread, and can be Anticipated
    Keywords: Agriculture ; Economic Insecurity ; Food and Nutrition Policy ; Food Insecurity ; Food Security ; Health, Nutrition and Population ; Livestock and Animal Husbandry ; Macroeconomics and Economic Growth ; Poverty ; Rainfed Agriculture ; Seasonal Poverty VARIATION ; Seasonality ; Welfare
    Abstract: Shocks and seasonality may have profound effects on poor households' wellbeing, especially in contexts like the Sahel where livelihoods depend on rainfed agriculture and pastoralism. Understanding how seasonal variation affects Sahelian households is therefore essential for guiding policies that jointly seek to address chronic poverty, seasonality, and unexpected shocks. This paper uses harmonized household survey data from Burkina Faso, Chad, Mali, Niger, and Senegal, collected in two distinct waves in 2018 and 2019, to examine the extent of seasonal deprivation in the Sahel. These data reveal significant seasonal variation in poverty and wellbeing. Mean real monetary consumption is around 10.5 percent lower in the lean season. Moreover, rather than representing a reduction in dietary diversity, this drop is concentrated in staple foods (especially cereals), implying that seasonality brings about extreme forms of deprivation. Welfare losses may begin early in the lean season, even as early as April. When the data were collected in 2018/19, the climatic conditions were relatively benign and the security situation was more stable than today, so the effects of seasonality shown in this paper likely represent a lower bound. On policy, although initiatives currently focus on responding to unpredictable shocks, seasonal food insecurity could be better tackled by expanding social protection and providing regular transfers early in the lean season, when prices are lower and fewer households have succumbed to extreme deprivation. Seasonal variation happens every year and more can be done to support Sahelian households if there is information on how it will perennially threaten their wellbeing
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  • 76
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Infrastructure Study
    Keywords: Adaptation to Climate Change ; Agricultural Sector Economics ; Agriculture ; Agriculture Infrastructure ; Climate Change ; Climate Resilient Investment ; Energy ; Energy Infrastructure ; Energy Policies and Economics ; Environment ; Infrastructure Economics and Finance ; Infrastructure Finance ; Resilient Infrastructure ; Sub-Saharan Africa ; Transport
    Abstract: This Compendium Volume presents a series of guidance notes and more detailed complementary technical notes that offer practical insights in support of enhancing the climate resilience of infrastructure investment projects in Sub-Saharan Africa. This first introductory chapter starts with an overview of the investment conditions and climatic context in the region, followed by a description of the scope of this Compendium Volume and individual notes, target audiences, and a roadmap for users of the contents covered in this Volume
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  • 77
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2193
    Keywords: Agriculture ; Atlas Region ; Earthquake ; Economic Growth ; Environment ; Female Labor Force ; Gender ; Gender and Development ; Macroeconomics and Economic Growth ; Natural Disasters ; Poverty ; Social Protections and Assistance ; Social Protections and Labor ; Tourism ; Women's Economic Empowerment
    Abstract: The Moroccan economy is recovering. Following a sharp deceleration in 2022 caused by various overlapping commodity and climatic shocks, economic growth increased to 2.9 percent in the first semester of 2023, driven primarily by services and net exports. Inflation has halved between February and August 2023, but food inflation remains high. Lower commodity prices havealso contributed to a temporary narrowing of the current account deficit. The response to recent crises and the unfolding reform of the health and social protection systems are exerting pressures on public spending. However, the government is managing to gradually reduce the budget deficit
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  • 78
    Language: English
    Pages: 1 Online-Ressource (72 pages)
    Parallel Title: Erscheint auch als Arroyo-Marioli, Francisco Forecasting Industrial Commodity Prices: Literature Review and a Model Suite
    Keywords: Agriculture ; Commodity Price Forecasting ; Contingency Planning ; Economic Forecasting ; Energy ; Energy and Natural Resources ; Futures Prices ; Macroeconomics and Economic Growth ; Metals Price ; Natural Resource Revenue ; Oil Price Forecasting
    Abstract: Almost two-thirds of emerging market and developing economies rely heavily on resource sectors for economic activity, fiscal and export revenues. In these economies, economic planning requires sound baseline projections for the global prices of the commodities they rely on and a sense of the risks around such baseline projections. This paper presents a model suite to prepare well-founded forecasts for the global prices for oil and six industrial metals (aluminum, copper, lead, nickel, tin, and zinc). The model suite adapts six approaches used in the literature and tests their forecast performance. Broadly speaking, futures prices or bivariate correlations performed well at short horizons, and consensus forecasts and a large-scale macroeconometric model performed well at long horizons. The strength of Bayesian vector autoregression models lies in generating forecast scenarios. The sizable forecast error bands generated by the model suite highlight the need for policy makers to engage in careful contingency planning for higher or lower prices
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  • 79
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (204 pages)
    Parallel Title: Erscheint auch als
    Keywords: Climate ; Competition ; Firm Dynamics ; Private Sector Development ; SOE ; State Owned Enterprises
    Abstract: The state, as an owner of businesses, competes and collaborates with the private sector, and this involvement has profound implications for investment and growth. Governments actively participate in commercial markets in different forms, from controlling the production of goods and services to investing in firms as a minority shareholder. The impact of state participation on an economy's growth depends on the type of public-private ownership, the types of markets, and the importance of those markets in the economy. The impact also depends on how policies and institutions regulate both the businesses with state ownership and the markets in which they are active. The Business of the State uses new evidence covering 91 countries from the World Bank's Global Businesses of the State database to highlight the distinction between businesses of the state and traditionally understood state-owned enterprises. The report analyzes how different ownership forms across sectors and institutional settings affect private investment, productivity, technology adoption, and job creation. It also analyzes how government participation in markets influences the ability of economies to respond to shocks, from pandemics to climate change. The report proposes a clear analytical framework for understanding the consequences of relying on businesses of the state to attain specific development goals
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  • 80
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 7800
    Keywords: Equitable Growth ; Femail Entrepreneurship ; Female Managers ; Financial Inclusion ; Gender ; Gender Informatics ; Gender Monitoring and Evaluation ; Private Sector Development ; Self-Employed Women ; Social Development ; Social Inclusion and Institutions
    Abstract: Although female entrepreneurship is crucial to generating sustainable and equitable growth patterns, international evidence shows that women tend to be underrepresented in entrepreneurship, and this gender gap has exhibited remarkable persistence. In this study, we first measure the gender gap in entrepreneurship in Romania by using various data sources. We observe significant gender gaps, with the average gender gap in self-employment rates being 4.2 percentage points when abstracting from observable characteristics. Even when controlling for observable characteristics, the gender gap is persistent (3.7 percentage points). Other measures, such as the share of firms with female owners and top managers, indicate that the gap could be even larger. Moreover, we observe that the entrepreneurial gender gap varies across income quintiles and between rural and urban areas. In the second step, we analyze the potential drivers of women's engaging less in entrepreneurship by following the model of the "5 M's" developed by Brush, De Bruin, and Welter (2009). We find that the following drivers play a role in the entrepreneurial gender gap in Romania: gender gaps in financial inclusion and access to assets, harmful gender norms, motherhood, lack of childcare, and eldercare. Our findings suggest the need for a nuanced approach toward female entrepreneurship that factors in the distinct challenges of different groups of women and consists of a menu of policy interventions. Policies should range from improving women's access to relevant assets, human capital, and networks to addressing harmful gender norms and sparking an entrepreneurial culture in Romania more generally. Lastly, our evidence indicates that women are more interested in "impact" entrepreneurship. As women entrepreneurs in Romania mainly operate in the primary sector, givingthem a leading role in the green transition has great potential for more sustainable and equitable growth patterns
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  • 81
    Language: English
    Pages: 1 Online-Ressource (66 pages)
    Parallel Title: Erscheint auch als Cortina, Juan J The Internationalization of China's Equity Markets
    Keywords: Emerging Markets ; Equity Financing ; Equity Issuance Activity ; Equity Market Liberalization ; Firm Investment ; Foreign Direct Investment ; Foreign Investors ; International Economics and Trade ; International Investors ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Private Sector Development ; Stock Connect
    Abstract: The internationalization of China's equity markets started in the early 2000s but accelerated after 2012, when Chinese firms' shares listed in Shanghai and Shenzhen gradually became available to international investors. This paper documents the effects of the post-2012 internationalization events by comparing the evolution of equity financing and investment activities for (i) domestic listed firms relative to firms that already had access to international investors and (ii) domestic listed firms that were directly connected to international markets relative to those that were not. The paper shows significant increases in financial and investment activities for domestic listed firms and connected firms, with sizable aggregate effects. The evidence also suggests that the rise in firms' equity issuances was primarily and initially financed by domestic investors. Foreign ownership of Chinese firms increased once the locally issued shares became part of the Morgan Stanley Capital International (MSCI) Emerging Markets Index in 2018
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  • 82
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (49 pages)
    Parallel Title: Erscheint auch als Ghose, Devaki Firms in Global Value Chains during Covid-19: Evidence from Indonesia
    Keywords: Global Value Chain ; Global Value Chains and Business Clustering ; Industrial and Market Data and Reporting ; Industry ; International Economics and Trade ; Non-Tariff Measures ; Port Congestion ; Port of Entry Restriction Impact ; Private Sector Development ; Public Sector Development ; Resilience ; Trade Policy ; Value Chain Participation
    Abstract: Using detailed monthly firm-level trade data from Indonesia from February 2019 to June 2021, this paper shows that firm-level exports were overall more resilient than imports during Covid-19. Firms that participated in global value chains were more resilient to the Covid-19 shock beyond the immediate short-run compared to firms that did not. However, among global value chain firms, those that faced certain types of non-tariff measures on their import products, notably port of entry restrictions, on average faced larger reductions in export quantities and number of transactions compared to firms that did not face such restrictions, consistent with the evidence of major port congestion during Covid-19. Therefore, although international connectedness could be a source of vulnerability to global shocks in the immediate short run, policies that enable firms to be more globally engaged through global value chains could enhance resilience. Relatedly, tackling measures such as port of entry restrictions can ensure fast and efficient port and customs procedures, especially during periods of high port congestion, as global value chain trade requires goods to cross borders many times
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  • 83
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2199
    Keywords: Agriculture ; Antimicrobial Resistance (AMR) ; Central Asia ; Covid-19 ; Ecosystem Transformations ; Education Reform and Management ; Food Safety ; Food Systems Resilience ; Health, Nutrition and Population ; ICT Applications ; International Economics and Trade ; Livestock ; One Health Approach ; Regional Cooperation
    Abstract: Central Asia has made much progress in public health and animal health in the last 20 years but was as unprepared as other regions in the world to respond to the COVID-19 pandemic. The region also faces challenges from other emerging diseases, re-emerging diseases, and climate change. Since 2020, the Central Asian regional economies, as the rest of the world, have faced two shocks - the COVID-19 pandemic and the war in Ukraine. Animal diseases do not respect borders and remain a public health concern because of the possible transmission of pathogens to humans. They can spread quickly from one country to another, with impact on animal health, trade, food security, food safety and possibly creating public health emergencies. One Health is an approach that allows for addressing human, animal, and ecosystem health issues through intersectoral action, to prevent, detect, respond to, and recover from infectious diseases, with an endpoint of improving global health security and achieving gains in development. The World Bank has been actively engaged in Central Asia for over two decades and is well-placed to act as a convener able to provide regional program-design expertise and implementation support for a One Health program. The findings of this report will support the preparation of the Central Asia One Health Framework for Action by providing recommendations for activities which can be further supported through public spending, private investments, and other financial resources
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  • 84
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2162
    Keywords: Access To Finance ; Accommodation and Tourism Industry ; Agricultural Sector Economics ; Agriculture ; Commercial Sectors ; Domestic Private Financing ; Finance and Financial Sector Development ; Green Growth ; Industry ; Infrastructure ; Infrastructure Economics and Finance ; Infrastructure Finance ; Private Sector Development ; Private Sector Economics ; Private Sector Investment ; Social Sectors
    Abstract: In March 2023, the Second Rapid Damage and Needs Assessment (RDNA2) identified USD 411 billion worth of investments required for Ukraine's reconstruction. The World Bank Group's new report "Private Sector Opportunities for a Green and Resilient Reconstruction in Ukraine", developed in cooperation with Ukraine's government, assesses the potential for private financing to meet these needs under both a status quo scenario and a scenario with reforms and other sectoral interventions
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  • 85
    Language: English
    Pages: 1 Online-Ressource (30 pages)
    Parallel Title: Erscheint auch als Freund, Caroline Is US Trade Policy Reshaping Global Supply Chains?
    Keywords: 10-Digit Us Import Data ; Bilateral Trade Decoupling ; China Supply Chains ; Diversification ; Global Value Chains ; Global Value Chains and Business Clustering ; International Economics and Trade ; Private Sector Development ; Reshoring ; Tariffs ; Trade Policy
    Abstract: This paper examines the reshaping of supply chains using detailed US 10-digit import data (tariff-line level) between 2017 and 2022. The results show that while US-China decoupling in bilateral trade is real, supply chains remain intertwined with China. Over the period, China's share of US imports fell from 22 to 16 percent. The paper shows that the decline is due to US tariffs. US imports from China are being replaced with imports from large developing countries with revealed comparative advantage in a product. Countries replacing China tend to be deeply integrated into China's supply chains and are experiencing faster import growth from China, especially in strategic industries. Put differently, to displace China on the export side, countries must embrace China's supply chains. Within products, the reorientation of trade is consistent with a "China + 1" strategy, as opposed to diversified sourcing across multiple countries. There is some evidence of nearshoring, but it is exclusive to border nations, and there is no consistent evidence of reshoring. Despite the significant reshaping, China remained the top supplier of imported goods to the US in 2022
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  • 86
    Language: English
    Pages: 1 Online-Ressource (31 pages)
    Parallel Title: Erscheint auch als Eslava, Marcela Business Size, Development, and Inequality in Latin America: A Tale of one Tail
    Keywords: Business Size ; Developing Economies Business Data ; Economic Growth ; Finance and Financial Sector Development ; Firm-Level Datasets ; Income Inequality ; Inequality ; Macroeconomics and Economic Growth ; Micro-Enterprises ; Poverty Reduction ; Private Sector Development ; Private Sector Economics ; Self-Employment
    Abstract: Using official employment surveys for 45 advanced economies and Latin American countries, this paper shows that the positive cross-country correlation between business size and GDP per capita is tighter than previously found using firm-level datasets and finds a close negative business size-Gini relationship. The paper also finds a closer connection between individual income and business size for workers in less developed countries compared with those in advanced economies. Because employment data address the bias against the smallest productive units that characterize firm-level datasets, our approach uniquely assesses and highlights the dominance of the left tail of the business size distribution in less developed countries
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  • 87
    Language: English
    Pages: 1 Online-Ressource (32 pages)
    Parallel Title: Erscheint auch als Grover, Arti Does Informality Depress Investments and Job Recovery? F.-L. Evidence from the COVID-19 Crisis in South Asia
    Keywords: Access To Finance ; Competitiveness and Competition Policy ; Covid-19 Pandemic Firm-Level Impact ; Crisis Recovery In Informal Economies ; Employment and Unemployment ; Firm's Investment Decision ; Informality ; Private Sector Development ; Private Sector Economics ; Social Protections and Labor ; World Bank Business Pulse Survey
    Abstract: Using three rounds of the World Bank's Business Pulse Surveys in South Asia, this paper quantifies the relationship between informality and firms' investment and employment decisions. Accounting for multidimensionality in definition and the margins of informality, the analysis suggests that first, informal firms remain credit and liquidity constrained before and during the crisis, especially the necessity firms. In the pre-crisis period, access to finance is correlated with the extensive margin of informality, while during the crisis, both margins of informality matter. Second, informal firms perceive uncertainty to be higher because of pessimistic expectations on recovery and lower ability to predict future sales, especially the necessity firms. Third, credit constraints and accentuated uncertainty among informal firms discourage investments. Finally, while employment growth is slow and gradual for formal firms as they begin to recover sales, job growth in informal firms does not correspond to the recovery. The results suggest that countries with a large informal sector may face unusually depressed investments and jobs recovery and may have to deploy additional policy levers to accelerate recovery in the post-crisis period
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  • 88
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Keywords: Education Equity ; Finance and Development ; Finance and Financial Sector Development ; Fiscal Policies ; Private Sector Development ; Public and Municipal Finance ; Public Finance Management
    Abstract: Mauritius's economy has grown dramatically since the country's independence in 1968, and its rapid development offers a powerful example for developing economies worldwide. However, growth dynamism has waned in recent years. In addition, Mauritius was hard-hit by the COVID-19 pandemic and headwinds from Russia's war in Ukraine. Nevertheless, Mauritius has shown strong resilience, and with an economic recovery now well underway, the government has an opportunity to implement structural reforms to boost inclusive growth and sustainably regain high-income status. Reorienting the country's fiscal policy will be critical to this effort, to better align revenues and expenditures and to strengthen macroeconomic stability, which played a major role in Mauritius's economic success. Mauritius's transition to a knowledge-based economy will also require a robust competitive environment and sustained investment in human capital and innovation. This report identifies opportunities to enhance the impact of fiscal policy on macroeconomic stability and accelerate the transition toward greener, more resilient, and knowledge-based growth. The recommended reforms are designed to prioritize investment in productive assets while continuing to meet the social needs of an aging society in a cost-effective manner and strengthening resilience against climate change and other shocks. The report also identifies opportunities to leverage Mauritius's low-carbon growth potential in line with the focus of its most recent budgets
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  • 89
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Keywords: Agricultural Producer Organizations ; Agriculture ; Gender ; Gender and Development ; Gender and Rural Development ; Ginger Farming Value Chain ; Informality ; Labor Markets ; Poverty Reduction ; Shea Butter Production Value Chain ; Smallholder Farmers ; Women in Agriculture Value Chains
    Abstract: Good quality jobs are key to accelerating poverty reduction and strengthening social cohesion in Togo. While Togo has made significant progress in creating more good quality jobs, with robust growth performance in the past decade, several jobs-related challenges remain. Togo's labor market is characterized by high levels of informality and underemployment, low productivity, and low-quality jobs. This difficult situation is compounded by the demographic trend of large cohorts of young people entering the labor market every year. As a result of this trend, it is estimated that, beginning in 2024, Togo will need to create 200,000 new jobs every year to absorb the influx of new entrants into the labor market. As described in the companion document to this report, Togo Jobs Diagnostic, a holistic approach to creating more and better jobs should be applied looking at the macro-, demand-, and supply side constraints. Solutions should focus on creating new jobs, improving job quality and productivity, and ensuring access to employment for vulnerable segments of the population
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  • 90
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 40347
    Keywords: Agriculture ; Economic Growth ; Economic Value of Forests ; Environment ; Forest Biodiversity ; Forests and Climate Change ; Global Environmental Committment ; Public Sector Development ; Sustainable Development Goals ; Windfire Risk Management
    Abstract: Lebanon's forest landscapes are unique in the Mediterranean region and, over the centuries, have provided multiple socioeconomic, cultural, and environmental benefits. However, societal changes have had a significant impact on these landscapes, putting them at risk of further degradation. Lifestyle changes and restrictions on access to forests and woodlands have contributed to the abandonment of traditional community use, management, and protection of forests. This neglect has left forests vulnerable to arson, vandalism, and natural disasters. This Lebanon Forest Note articulates opportunities for supporting the protection and sustainable management of Lebanon's forest landscapes. It considers the increasing pressure on natural resources due to anthropogenic activities/stresses, as well as their increased vulnerability to climate change and natural disasters, especially forest fires. The note presents a forward-looking business case for Lebanon to protects its forest ecosystem services, while increasing the socioeconomic benefits for Lebanon's sustainable development goals and global environmental commitments
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  • 91
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2114
    Keywords: Agriculture ; Blue-Fish World ; Climate Change Impact ; Climate Change Impacts ; Climate-Resilient ; Coastal Communities ; Environment ; Fisheries ; Fisheries and Aquaculture ; Ocean Economy
    Abstract: With 17,504 islands, 108,000 kilometers of coastline, and three-quarters of its territory at sea, Indonesia's prosperity is deeply entwined with its oceans. Yet the future for Indonesia's oceans, like those worldwide, is increasingly uncertain. Climate change is driving increases in water temperatures, storm severity, and sea level rise, causing shifts in coastal ecosystems and fisheries. These trends pose challenges for Indonesia's ocean economy and the people it supports. Indonesia's fisheries are at the center of these challenges. The fisheries sector contributes US26.9 billion dollars annually to the national economy (around 2.6 percent of GDP), 50 percent of the country's protein, and over 7 million jobs (World Bank 2021). The impact of climate change on the fisheries sector will thus have important implications for livelihoods, food security, and economic growth. While this is true around the world, few countries have fishery resources as vast as Indonesia's or depend as much as Indonesia does on fisheries for jobs and protein. As this report highlights, the importance of ensuring productive and sustainable fisheries in the face of a changing climate is well-recognized. The Government of Indonesia is taking steps toward a climate-resilient marine and coastal economy through investment in infrastructure, technology, capacity-building, and governance. Strategies and actions are outlined in the Enhanced Nationally Determined Contribution (NDC), the Climate Resilient Development Policy 2020- 2045, and the List of Priority Locations and Climate Resilient Actions prepared by the Ministry of National Development Planning (Bappenas). Climate resilience is being prioritized by the Ministry of Marine Affairs and Fisheries (MMAF)
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  • 92
    Language: English
    Pages: 1 Online-Ressource (43 pages)
    Parallel Title: Erscheint auch als Koolwal, Gayatri How do Agricultural Import Tariffs Affect Men and Women Smallholders? Evidence from Bangladesh
    Keywords: Agricultural Labor ; Agricultural Sector Economics ; Agriculture ; Food Security ; Gender ; Gender and Economic Policy ; Gender and Public Expenditures ; Gender and Rural Development ; Import Tariffs ; Input Markets ; Macroeconomics ; Trade
    Abstract: Using newly available customs data from Bangladesh, along with additional administrative and survey data, this study examines how variation in import tariffs on key agricultural inputs affects men's and women's agricultural employment and production-given a high degree of segmentation among men and women in different agricultural activities. In Bangladesh, women and men in agriculture are typically smallholders and maintain distinct occupations within the sector (women in livestock and poultry rearing, and men in crop agriculture). These areas are both heavily dependent on imported commodities (grains and oilseed for livestock and poultry feed, as well as seeds and fertilizer for crop agriculture). The paper shows that import tariff rates are much higher on feed-related inputs; imported inputs for crop agriculture, such as fertilizer, are also heavily subsidized. The paper also shows that the higher resulting prices for inputs used in feed are significantly negatively associated with employment and earnings in poultry and livestock activity, where women are heavily concentrated. Among those marketing output, earnings also tend to be substantially higher in crop agriculture than in livestock/poultry activity, underscoring the need for closely examining how import tariffs can affect more vulnerable groups. Individual producers are also heavily reliant on livestock for own-consumption activity, reducing their ability to pass on increased input costs
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  • 93
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other ESW Reports
    Keywords: Entrepreneurship Ecosystem ; Finance Risk ; Market Dynamism ; Private Sector ; Private Sector Development ; Private Sector Economics ; Public Research Sector
    Abstract: This report provides a diagnostic of Viet Nam's entrepreneurship ecosystem and details a set of targeted recommendations for improving conditions for innovative entrepreneurship in the country. The diagnostic consists of four components: 1.) An overview of the Vietnamese private sector, with a focus on market dynamism; 2.) A demand side analysis focused on the flow of ideas, skills, and technology that contribute to the pipeline of innovative startups; 3.) A supply-side assessment of public support and private risk finance throughout the firm lifecycle, and 4.) An analysis of the ecosystem framework conditions. The report finds that the overall quality and the level of public support for entrepreneurship is low; founders have challenges with key aspects of running a business, such as developing product-market fit, growth strategies, and team building; and risk capital markets are heavily dependent on foreign funds and investors and have gaps in early-stage finance. The report concludes with three policy recommendations for improving Viet Nam's entrepreneurial performance: 1.) Reorient the national flagship Program 844 on "Supporting the National Innovation Initiative to 2025" toward building a pipeline of investment-ready, innovative startups; 2.) Address regulatory barriers related to risk capital investments; and 3.) Increase the contribution of the public research sector to the innovative startup agenda
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  • 94
    Language: English
    Pages: 1 Online-Ressource (84 pages)
    Parallel Title: Erscheint auch als Ghose, Devaki Fertilizer Import Bans, Agricultural Exports, and Welfare: Evidence from Sri Lanka
    Keywords: Agricultural Trade ; Agriculture ; Agriculture Export ; Chemical Fertilizer and Food Production ; Chemical Fertilizer Ban ; Environment ; Environmental Economics and Policies ; Environmental Governance ; Fertilizer-Dependent Crops ; Fertilizers ; Fertilizers and Agricultural Chemicals Industry ; Import Ban ; Industry ; Non-Tariff Trade Measures ; Organic Farming Transition
    Abstract: This paper quantifies the value of fertilizer for agricultural production and trade in a developing economy where agriculture is centrally important by using an unprecedented natural experiment whereby the government of Sri Lanka imposed an abrupt and unexpected ban on the imports of all chemical fertilizers in May 2021. The analysis combines novel high-frequency firm-level trade data, detailed agricultural ground production data, crop yield estimates from state-of-the-art remote sensing techniques, and dynamic event study designs. The findings show that the fertilizer ban led to dramatic declines in agricultural production, fertilizer imports, and exports of fertilizer-dependent crops. Using a quantitative trade model, the paper finds that the ban's welfare effects were equivalent to a 1.5 percent income reduction on average, with losses disproportionately concentrated on landowners (whose income is tied to agriculture) relative to workers and on regions specialized in the cultivation of relatively fertilizer-intensive crops. The findings quantify the equilibrium value of fertilizer in agriculture, an important estimate for any fertilizer-related policy (such as fertilizer subsidies) and for the public debate on the costs and benefits of environmental regulation more generally
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  • 95
    Language: English
    Pages: 1 Online-Ressource (63 pages)
    Parallel Title: Erscheint auch als Miller, Amisha Asking Better Questions: The Effect of Changing Investment Organizations' Evaluation Practices on Gender Disparities in Funding Innovation
    Keywords: Access To Credit ; Access To Finance ; Africa Gender Innovation Lab ; Entrepreneurship ; Finance and Financial Sector Development ; Gender ; Gender and Economic Policy ; Gender and Governance ; Gender Gap ; Innovation ; Investment in Women Owned Enterprise ; Private Sector Development
    Abstract: Female innovators raise fewer resources from investors, even when their ventures are similar to those of all-male teams. Efforts to mitigate the disparities have typically focused on changing how founders seek investment. However, the causes of gender disparities are systemic: in uncertain contexts, evaluators value women's competence or leadership potential lower than men's, and investors inquire more about risks when facing female founders than males. What is the effect of investment organizations' evaluation practices on gender disparities in funding innovation This paper examines a two-stage global field experiment with investors making 1,871 investment decisions on early-stage startups, which resulted in USD 320,000 invested in 16 startups. The experiment changed an organization's evaluation framework to systematize investor inquiry across all ventures by including prompts about (1) risk and reward and (2) progress during the evaluation period. This caused treated investors to (1) assess startups more consistently and (2) assess startup competence more dynamically than control investors. It eliminated, even reversed, the gender gap in investment outcomes. These results have implications for organizations making decisions in uncertain contexts, and those aiming to reduce gender disparities
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  • 96
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (71 pages)
    Parallel Title: Erscheint auch als Englander, Gabriel A Fish Cartel for Africa
    Keywords: Agricultural Industry ; Agriculture ; Cooperative Market Power Shift ; Fisheries ; Fisheries and Aquaculture ; Fishing Industry ; Fishing Rights ; Fishing Rights Cartel ; Industry ; Integration ; Marine Biomass ; Reproducible Research Repository ; Water Resources
    Abstract: Many countries sell fishing rights to foreign nations and fishers. Although African coastal waters are among the world's most biologically rich, African countries earn much less than their peers from selling access to foreign fishers. African countries sell fishing access individually (in contrast to some Pacific countries that sell access as a bloc). This paper develops a bilateral oligopoly model to simulate the effects of an African fish cartel. The model shows that wielding market power entails both ecological and economic dimensions. Africa would substantially restrict access catch, which would increase biomass by 16 percent. This would confer economic benefits to all African nations, raising profits by an average of 23 percent. These benefits arise because market power shifts from foreign buyers to African sellers. Although impediments to sustainable development, like corruption, are hard to change in the medium term, deeper African integration is an already emerging solution to African countries' economic and ecological challenges
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  • 97
    Language: English
    Pages: 1 Online-Ressource (526 pages)
    Parallel Title: Erscheint auch als
    Keywords: Agribusiness ; Agricultural Finance ; Agriculture ; Climate-Smart Agriculture ; Farmer Cooperatives ; Farmer Cooperatives Training ; Gender and Agriculture ; ICT4Ag ; Smallholder Agriculture ; Smallholder Farmers ; Smallholder Supply Chains ; Smallholders
    Abstract: Smallholder farmers are the stewards of more than 80 percent of the world's farms. These small family businesses produce about one-third of the world's food. In Africa and Asia, smallholders dominate the production of food crops, as well as export commodities such as cocoa, coffee, and cotton. However, smallholders and farm workers remain among the poorest segments of the population, and they are on the frontline of climate change. Smallholder farmers face constraints in accessing inputs, finance, knowledge, technology, labor, and markets. Raising farm-level productivity in a sustainable way is a key development priority. Agribusinesses are increasingly working with smallholder farmers in low- and middle-income countries to secure agricultural commodities. More productive smallholders boost rural incomes and economic growth, as well as reduce poverty. Smallholders also represent a growing underserved market for farm inputs, information, and financial services. Working with Smallholders: A Handbook for Firms Building Sustainable Supply Chains (third edition) shows agribusinesses how to engage more effectively with smallholders and to develop sustainable, resilient, and productive supply chains. The book compiles practical solutions and cutting-edge ideas to overcome the challenges facing smallholders. This third edition is substantially revised from the second edition and incorporates new material on the potential for digital technologies and sustainable farming. This handbook is written principally to outline opportunities for the private sector. The content may also be useful to the staffs of governmental or nongovernmental development programs working with smallholders, as well as to academic and research institutions
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  • 98
    Language: English
    Pages: 1 Online-Ressource (53 pages)
    Parallel Title: Erscheint auch als Bedi, Tara Shifting Spousal Decision-Making Patterns: Whom you Target in an Agricultural Intervention Matters
    Keywords: Africa Gender Innovation Lab ; Agricultural Knowledge and Information Systems ; Agriculture ; Family Agriculture ; Gender ; Gender and Rural Development ; Gender Difference ; Gendered Decision Making ; Innovation Fund ; Rural Development ; Targeting Agriculture Interventions
    Abstract: Does it matter whether poverty reduction programs target the female or male spouse? A randomized controllled trial in Ethiopia is used to study the differential impacts of easing information and financial constraints on agricultural productivity and household welfare, using data from 1,214 households in two regions of Ethiopia. The program targeted the husband, the wife, or both in a married household. The results indicate that the targeted spouse determines the type and channel of impacts. Targeting both spouses increased agricultural productivity in the short run and the monetary value of small ruminants and poultry in the long run, with a marginal positive impact on nonfood expenditure. Targeting only the female spouse resulted in increased business income from businesses with female involvement. This consequently increased household use of formal savings devices. This is in line with female preferences outside agriculture and for off-farm activities, and it results in little impact on agricultural productivity, despite an increase in women's access to extension services. Targeting only the male spouse has no impact on household savings or expenditure even though it increases men's wage income. The results suggest that the sharing of knowledge about the intervention changed household decisions. This would explain the different outcomes when both spouses were targeted, rather than only one
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  • 99
    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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  • 100
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Financial Sector Study
    Keywords: Agricultural Sector Economics ; Agriculture ; Ecosystems and Natural Habitats ; Environment ; Environmental Economics and Policies ; Environmentally Protected Areas ; Food Security ; Natural Resources
    Abstract: Humanity is embedded in nature and depends profoundly on the goods and services it generates. Future economic development and well-being hinge on healthy and resilient ecosystems that provide our food and raw materials, drinking water, clean air, and the stability of the climate system. More than half of the world's gross domestic product (GDP) is generated in sectors such as construction and agriculture that depend on ecosystem services (WEF 2020), making nature relevant not only to policymakers, but also business and financial leaders. The UN Decade on Ecosystem Restoration is an initiative led by the United Nations Environment Program (UNEP) and the Food and Agriculture Organization (FAO) of the United Nations, which aims to drive the restoration of one billion hectares of degraded land between now and 2030. The UN Decade is a rallying call for the protection and revival of ecosystems around the world, for the benefit of people and nature. Only with healthy ecosystems can we enhance people's livelihoods, counteract climate change, and stop the collapse of biodiversity. The UN Decade Finance Task Force (FTF), chaired by the World Bank, aims to catalyze action which can contribute to unlocking the capital needed to meet the Decade's goals. 'Unlocking Restoration Finance: A Stocktake Report' is the first in a series of outputs of the FTF. This report provides an overview of the current challenges to and opportunities for increasing public and private investment in restoration. It looks at innovative approaches to financing restoration activities taken by actors in the public, private, or non-profit sectors and the potential for these to be replicated or scaled. The report also lays out a draft roadmap of actions the FTF will take to overcome challenges and contribute to scaling investment in restoration
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