Your email was sent successfully. Check your inbox.

An error occurred while sending the email. Please try again.

Proceed reservation?

Export
Filter
  • Washington, D.C : The World Bank  (535)
  • Inequality  (279)
  • Public Sector Development  (272)
Datasource
Material
Language
Subjects(RVK)
  • 1
    Language: English
    Pages: 1 Online-Ressource (59 pages)
    Parallel Title: Erscheint auch als Trinh, Trong-Anh Does Global Warming Worsen Poverty and Inequality? An Updated Review
    Keywords: Chronic Poverty ; Climate Change ; Climate Change Economics ; Climate Change Mitigation and Green House Gases ; Environment ; Global Warming ; Inequality ; Macroeconomics and Economic Growth ; Poverty ; Transient Poverty
    Abstract: This paper offers an updated and comprehensive review of recent studies on the impact of climate change, particularly global warming, on poverty and inequality, paying special attention to data sources as well as empirical methods. While studies consistently find negative impacts of higher temperature on poverty across different geographical regions, with higher vulnerability especially in poorer Sub-Saharan Africa, there is inconclusive evidence on climate change impacts on inequality. Further analysis of a recently constructed global database at the subnational unit level derived from official national household income and consumption surveys shows that temperature change has larger impacts in the short term and more impacts on chronic poverty than transient poverty. The results are robust to different model specifications and measures of chronic poverty and are more pronounced for poorer countries. The findings offer relevant inputs into current efforts to fight climate change
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 2
    Language: English
    Pages: 1 Online-Ressource (54 pages)
    Parallel Title: Erscheint auch als Rodriguez, Laura Fiscal Policy, Poverty and Inequality in Jordan: The Role of Taxes and Public Spending
    Keywords: Finance and Development ; Finance and Financial Sector Development ; Fiscal Policy and Inequality ; Income Inequality ; Poverty and Social Impact ; Poverty Monitoring and Analysis ; Poverty Reduction ; Public Sector Development
    Abstract: Analysing who benefits from different taxes and spending is important to understand how fiscal policy is affecting poverty and inequality in Jordan. This study traces how the Jordanian fiscal system affects different households, while paying income tax and GST and benefiting from social assistance, and services, such as, cash transfers, electricity and water subsidies, education and health. The study finds that Jordan's current fiscal system is modestly progressive, but more could be achieved. Inequality, as measured by the Gini Index, falls 5.8 points between household market incomes and post-fiscal incomes (after paying income and consumption taxes as well as receiving government transfers and subsidized services). When considering only monetary taxes and benefits (that is, excluding non-cash education and health services), inequality falls by only 2.6 points and poverty would be almost the same as the official poverty rate. Nonetheless, the recent expansion of social assistance programs is making Jordan's fiscal policies more equalizing and there is scope for other reforms which would both close the fiscal gap while further reducing poverty and inequality
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 3
    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
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 4
    Language: English
    Pages: 1 Online-Ressource (69 pages)
    Parallel Title: Erscheint auch als Del Carmen, Giselle Two Decades of Top Income Shares in Honduras
    Keywords: Administrative Registries ; Econometrics ; Economic Development ; Honduras ; Income ; Inequality ; Macroeconomics and Economic Growth ; Top Income
    Abstract: This paper presents distributional national accounts for Honduras over 2003-2019, using survey microdata, administrative tax records, and national account aggregates. It assembles comprehensive data on formal income for high-income individuals, including information on corporate shareholders, which allows corporate profits to be assigned to their owners. The estimates suggest a high and persistent inequality in the country: the top 1 percent highest earners received approximately 30 percent of the total income over the period, placing Honduras among the most unequal countries in the world. Undistributed corporate profits are the overwhelming income source at the very top of the distribution, highlighting its importance in the measurement of income inequality. Finally, using a panel of tax records, the paper also documents that not only is inequality persistent, but the same individuals are often observed at the top, suggesting that the observed inequality has deep roots
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 5
    Language: English
    Pages: 1 Online-Ressource (49 pages)
    Parallel Title: Erscheint auch als Atamanov, Aziz New Evidence on Inequality of Opportunity in Sub-Saharan Africa: More Unequal than we Thought
    Keywords: Circumstances ; Consumpton Inequality ; Equity and Development ; Inequality ; Inequality of Opportunity ; Poverty Reduction ; Social Development
    Abstract: Unequal access to economic opportunity for individuals with different innate characteristics, such as ethnicity or parents' socioeconomic status, is often seen as both morally undesirable and bad for economic growth. This paper estimates inequality of opportunity, or the share of inequality explained by birth characteristics, across 18 countries in Sub-Saharan Africa. For many countries, this is the first time inequality of opportunity is measured. The paper uses nationally representative household survey data harmonized to allow for cross-country comparisons. Using consumption per capita as the outcome, the findings show that inequality of opportunity in Sub-Saharan Africa is stark and more pronounced than previously estimated. On average, inherited circumstances explain more than half of inequality in the region. Estimates range from 40 to 60 percent in most countries and reach 74 percent in South Africa. The findings show that birthplace, parents' education, and ethnicity tend to be the most significant contributors, but there is large variation in the importance of circumstances across countries. This represents the most comprehensive estimate of inequality of opportunity to date in the poorest and one of the most unequal regions in the world, and it underscores the pressing need for policy makers to intensify their efforts to address inequality of opportunity to foster societies that are more equitable and unlock the full potential for growth in the region
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 6
    Language: English
    Pages: 1 Online-Ressource (32 pages)
    Parallel Title: Erscheint auch als Canavire Bacarreza, Gustavo Fiscal Incidence on the Island: Grenada's Fiscal System and Its Incidence
    Keywords: Consumption ; Fiscal Incidence ; Fiscal Policy Interventions ; Inequality ; Living Standards ; Macroeconomics and Economic Growth ; Poverty ; Poverty Reduction ; Public Expenditure ; Public Revenue ; Social Transfers ; Tax ; Taxation and Subsidies
    Abstract: This paper examines the distributional effects of fiscal policy in Grenada. Using data from the 2017-18 Living Conditions and Household Budgets Survey and following the Commitment to Equity analysis framework, the paper estimates the effects of fiscal policy interventions on inequality and poverty. It analyzes the distributional incidence of direct and indirect taxes, direct transfers provided by social transfers and school feeding programs, and in-kind transfers generated by public services in health and education. The results show that Grenada has a tax system that is neutral on the value-added tax side and progressive on the personal income tax side. Furthermore, direct transfers make a modest contribution to poverty reduction and are almost neutral in their distributive impact. The results contribute to the understanding of who bears the burden of taxation and benefits from transfers and of how Grenada's fiscal system can improve its redistributive effect
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 7
    Language: English
    Pages: 1 Online-Ressource (79 pages)
    Parallel Title: Erscheint auch als Amjad, Beenish Fiscal Policy, Poverty, and Inequality in a Constrained Environment: The Case of the West Bank and Gaza
    Keywords: Cash Transfer Program ; Commitment To Equity ; Comparative Analysis ; Fiscal Policy ; Indirect Taxes ; Inequality ; Inequality Reduction ; Macroeconomics and Economic Growth ; Poverty Reduction ; Tax Administration ; VAT
    Abstract: This report analyzes the distributional impacts of the main taxes and transfers on households' welfare in the West Bank and Gaza. The analysis uses the Commitment to Equity methodology, enabling comparison of the results to other countries where this framework has been applied. The report assesses the effects of government taxation, social expenditure, and indirect subsidies on poverty and inequality in the West Bank and Gaza. The results indicate that the combination of taxes and transfers modelled in the West Bank and Gaza reduces inequality by 6.5 Gini points but increases the national poverty headcount by 8.4 percentage points. These fiscal policy outcomes on poverty and inequality reduction are below average in terms of desirability compared to other lower-middle-income countries. The taxes and transfers modelled in the West Bank and Gaza achieve most inequality reduction through in-kind benefits from public basic education and public hospitals, followed by the Cash Transfer Program and the value-added tax (VAT). Their large impact on inequality reduction is explained by a combination of their progressivity and their size relative to household income. The redistributive effect of direct taxes, customs duties, and indirect subsidies is zero or close to zero. Indirect taxes represent the fiscal interventions contributing most to the increase in national poverty; customs duties followed by VAT represent the largest burden on households' incomes. Direct transfers from social protection cannot offset the impoverishment effect from indirect taxes because they have very limited coverage. Only the poorest decile is a net cash beneficiary after paying taxes and receiving cashable transfers. The rest of the deciles are net payers to the fiscal system. To decrease poverty and inequality in the West Bank and Gaza, the most significant policy recommendation to emerge from the analysis is to expand direct transfers to the second and third deciles to compensate for indirect tax burdens. Financing this reform is feasible through domestic tax mobilization or through rationalization of inefficient fuel and electricity subsidies that benefit the top income deciles most
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 8
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Poverty Assessment
    Keywords: Education ; Inequality ; Limited Safety Nets ; Poverty Assessment ; Poverty Monitoring and Analysis, Poverty ; Poverty Reduction, Inequality ; Rural Households ; Telecommunications Sector
    Abstract: The share of Uganda's population that lives below the poverty line has fluctuated over the last seven years, greatly influenced by shocks that have tested the resilience of the people. The COVID-19 pandemic pushed both urban and rural residents into poverty. Inequality, which reflects the extent to which different population groups benefit from Gross Domestic Product (GDP) growth, and affects the transmission of growth into poverty reduction, remained largely unchanged over this period and may even have worsened in urban areas. The findings of this report show that previously identified patterns and drivers of Uganda's poverty changes persisted well into 2020 - shaped by low productivity and high vulnerability. Identified inequality of economic opportunities and unequal accumulation of the human capital could hold back structural change in employment. Accelerating poverty reduction in such a setting requires a two-pronged strategy. While at the macroeconomic level, policies addressing growth fundamentals are important for reducing poverty, from a microeconomic perspective, the report's analysis shows that two strategies will be crucial. The first strategy is to lift the productivity and incomes of poor households in both rural and urban areas. While tackling agricultural productivity and job creation are at the top of the agenda here, making mobile phone services more widely accessible and affordable is a potential opportunity. The second strategy is to strengthen people's resilience to shocks, particularly in rural areas. To have an impact, policies in both these areas will have to address the inequality in opportunities analyzed in the report. This document provides an overview of key report findings and identifies priority actions
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 9
    Language: English
    Pages: 1 Online-Ressource (83 pages)
    Parallel Title: Erscheint auch als Dang, Hai-Anh H Does Hotter Temperature Increase Poverty and Inequality? Global Evidence from Subnational Data Analysis
    Keywords: Climate Change Inequity ; Inequality ; Poverty and Environment ; Poverty Reduction ; Subnational Data ; Temperature
    Abstract: Despite a vast literature documenting the harmful effects of climate change on various socio-economic outcomes, little evidence exists on the global impacts of hotter temperature on poverty and inequality. Analysis of a new global panel dataset of subnational poverty in 134 countries finds that a one-degree Celsius increase in temperature leads to a 9.1 percent increase in poverty, using the USD 1.90 daily poverty threshold. A similar increase in temperature causes a 1.4 percent increase in the Gini inequality index. The paper also finds negative effects of colder temperature on poverty and inequality. Yet, while poorer countries-particularly those in South Asia and Sub-Saharan Africa-are more affected by climate change, household adaptation could have mitigated some adverse effects in the long run. The findings provide relevant and timely inputs for the global fight against climate change as well as the current policy debate on the responsibilities of richer countries versus poorer countries
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 10
    Language: English
    Pages: 1 Online-Ressource (51 pages)
    Parallel Title: Erscheint auch als Karamba, Wendy Fiscal Policy Effects on Poverty and Inequality in Cambodia
    Keywords: Commitment To Equity ; Fiscal and Monetary Policy ; Fiscal Incidence ; Fiscal Policy ; Inequality ; Macroeconomics and Economic Growth ; Poverty Reduction ; Social Spending ; Taxation
    Abstract: This study assesses the short-term impact of fiscal policy, and its individual elements, on poverty and inequality in Cambodia as of 2019. It applies the Commitment to Equity methodology to data from the Cambodia Socio-economic Survey of 2019/20 and fiscal administrative data from various government ministries, departments, and agencies for the assessment. The study presents among the first empirical evidence on the impact of taxes and social spending on households in Cambodia. The study finds that: (i) Cambodia's 2019 fiscal system reduces inequality by 0.95 Gini index points, with the largest reduction in inequality created by in-kind transfers from spending on primary education; (ii) while Cambodia's fiscal system reduces inequality, the degree of inequality reduction is small in international comparison; and (iii) low-income households pay more in indirect taxes than they receive in cash benefits in the short term to offset the burden. As a result, the number of poor and vulnerable individuals who, in the short term, experience net cash subtractions from their incomes is greater than the number of poor and vulnerable individuals who experience net additions. Fiscal policy can deliver more net benefits to poor and vulnerable households through expanding social assistance spending. Cambodia has embarked on this expansion during the coronavirus pandemic, bringing it closer in line with comparators
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 11
    Language: English
    Pages: 1 Online-Ressource (50 pages)
    Parallel Title: Erscheint auch als Decerf, Bonoit Reconceptualizing Global Multidimensional Poverty Measurement, with Illustration on Nigerian Data
    Keywords: Health and Poverty ; Health, Nutrition and Population ; Inequality ; Monitary Poverty Measurement Bias ; Mortality Impact Measurement ; Multidimensional Poverty Measurement ; Poverty Diagnostics ; Poverty Reduction ; Well-Being Indicator
    Abstract: Multidimensional poverty measures can in theory make well-being comparisons that are less biased than those solely based on monetary poverty. However, global multidimensional poverty measures suffer in practice from limitations that have led to credible criticisms. This paper presents the case for multidimensional poverty measures, two criticisms against their current implementations, as well as recently proposed solutions to improve on these criticisms. The paper develops a method for implementing these solutions in practice. The resulting well-being indicator is used to compare well-being across Nigerian states in 2019. This empirical illustration suggests that these solutions may substantially affect well-being comparisons. The paper also quantifies the potential bias inherent to comparing well-being solely based on monetary poverty. The results find substantially different well-being comparisons between the proposed well-being indicator and monetary poverty even though monetary poverty was (i) high in Nigeria in 2019 and (ii) very heterogeneously distributed across Nigerian states; and (iii) is integrated as one component of the proposed well-being indicator. The paper aims to improve global multidimensional poverty measures by making them more consistent with preference theory and by incorporating the direct impact of mortality, which deprives individuals of the most important functioning
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 12
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2181
    Keywords: Economic Management ; Economic Policy, Institutions and Governance ; Governance ; Macroeconomic Management ; Macroeconomics and Economic Growth ; National Governance ; Public Sector Development ; Score Analysis ; Sector Management and Institutions ; Social Inclusion and Equity ; Structural Policies ; Trends
    Abstract: The Country Policy and Institutional Assessment (CPIA) for Africa is an annual diagnostic tool for Sub-Saharan African countries that are eligible for financing from the International Development Association (IDA), the part of the World Bank that helps the world's poorest countries. The CPIA Africa 2023 report provides an assessment of the quality of policies and institutions in all 39 IDA-eligible countries in Sub-Saharan Africa for calendar year 2022. The average overall CPIA score for Sub-Saharan Africa remained unchanged at 3.1 in 2022. Economic and social resilience continues to be tested in all countries in Sub-Saharan Africa amid tight global credit markets, as institutional capacity for restoring stability and delivering sustained growth remains a challenge. Such resilience is also fundamental to responding to global climate change and the expected market shifts as the world economy transitions to green energy. The recovery of economic activity in the region following the slowdown caused by COVID-19 has been multispeed, with wide variation across countries. Global events that diverted attention away from longer-term development priorities marked 2022. Inflation was the predominant form in which international pressures translated to domestic economies in Sub-Saharan Africa, resulting in stress on social policies and government budgets, on account of divergent responses by governments and private sector competition. In some countries, this has led to significant stress on debt sustainability, highlighting the importance of debt management, budgetary oversight, and financial soundness. An opportunity for regrouping on policy reforms arose in the second half of 2022, as gas prices declined after a mild European winter and China lifted health-related restrictions. Despite global economic challenges, more countries in Sub-Saharan Africa saw improvements in their overall CPIA scores compared to the previous year. In Western and Central Africa (AFW), the overall score increased for eight countries-Benin, Cabo Verde, Cote d'Ivoire, The Gambia, Guinea, Guinea-Bissau, the Republic of Congo, and Togo. The overall score increased for four countries in Eastern and Southern Africa (AFE)-Burundi, the Democratic Republic of Congo, Mozambique, and Zambia. In contrast, the overall score decreased for eight countries-Chad, the Comoros, Eritrea, Ethiopia, Ghana, Malawi, Sao Tome and Principe, and Sudan. The countries with improved scores made notable advancements in the economic management, policies for social inclusion, and governance clusters. Conversely, the countries with declining scores faced economic management and governance challenges. For the most part, the countries that received downgrades were positioned toward the lower end of the scale, while the upgraded countries generally had overall scores above 3, indicating a growing divergence in scores across the region in 2022
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 13
    Language: English
    Pages: 1 Online-Ressource (51 pages)
    Parallel Title: Erscheint auch als Baez, Javier E A Spatial Perspective on Booms and Busts: Evidence from Turkiye
    Keywords: Business Cycles and Growth ; Business Cycles and Stabilization Policies ; Data on National Income ; Economic Development Analysis ; Economic Geography ; Economic Growth Cycles ; Inequality ; International Economics and Trade ; Macroeconomic Analyses ; Macroeconomics and Economic Growth ; Measurement of National Income ; Poverty Reduction ; Regional Economic Activity ; Spatial Inequality
    Abstract: This paper combines official subnational and remote-sensed data to uncover the relationships between business cycles in Turkiye and the corresponding changes in economic activity at lower levels of spatial aggregation. The objective is to document changes in the nature of growth within and across business cycles, with a focus on understanding how sectoral changes interact with within-country remoteness during each phase. The paper shows that: (i) the significant growth between 2010 and 2017 was bookended by recessions in which gross domestic product per capita fell more sharply the closer a province was to one of the two largest cities; (ii) the two recessions differed in terms of their sectoral impacts, with manufacturing declines inversely related to remoteness during the first recession and positively related during the second; (iii) there were large increases in the construction sector's gross value added during the post-2009 rebound-consistent with unprecedented increases in nighttime light luminosity-with growth positively related to remoteness; and (iv) changes in nighttime light luminosity are correlated with changes in physical activity: a 10 percent increase in nighttime lights is associated with a 3.5 percent increase in construction output and a 1.5 percent increase in manufacturing output. Together, the results suggest that recessions and recoveries that may appear to be similar at a macroeconomic scale may be driven by very different changes at more disaggregated spatial scales and have varied impacts on regional convergence
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 14
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (28 pages)
    Parallel Title: Erscheint auch als Seitz, William Preferences for Wage Discrimination against Women
    Keywords: Age Bias ; Discrimination ; Equal Pay ; Equity and Development ; Gender ; Gender and Law ; Gender Equality ; Gender Wage Gap ; Inequality ; Poverty Reduction ; Social Protections and Labor ; Systematic Gender Bias ; Wages, Compensation and Benefits
    Abstract: This study demonstrates systematic bias against women in public perceptions of the fairness of wages. In nationally representative survey experiments across more than 70,000 individual vignettes posed to 4,500 respondents in three Central Asian countries, respondents were 13 percent more likely to say wages were "too high" when the randomly assigned person described in the vignette (subject) was a woman, and 34 percent more likely to say they were "too low" when the subject was a man. The pattern of bias favoring higher wages for men is statistically significant at conventional levels in all three countries, among both male and female respondents, and in each of the eight occupations studied. The results also demonstrate the presence of significant bias in favor or older workers, specifically for white-collar occupations, and the absence of this relationship for the blue-collar occupations included in the experiment. The findings reinforce the importance of bias as a contributing factor to the gender pay gap, and the value of equal pay regulations to prevent gender discrimination in wage setting
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 15
    Language: English
    Pages: 1 Online-Ressource (33 pages)
    Parallel Title: Erscheint auch als Rodriguez, Laura Fiscal Policy and Equity: Vietnam 2018 Fiscal Incidence Analysis
    Keywords: Equity and Development ; Fiscal Incidende ; Inequality ; Poverty ; Poverty Reduction ; Social Protections and Assistance ; Social Protections and Labor ; Social Spending ; Taxation ; Transfers
    Abstract: This paper examines the distributive and poverty reducing effects of Vietnam's fiscal system in 2018. The paper looks at the incidence across the distribution and the effect of (direct and indirect) taxes, subsidies, and social spending (in cash and in-kind) on inequality and poverty in Vietnam using the Commitment to Equity methodology. The overall pattern of taxes and transfers in Vietnam is moderately progressive, but most households pay more in taxes and co-payments than what they receive in cash benefits, and the fiscal system results in a small increase in poverty. The progressivity of the fiscal system and its inequality-reduction impact mostly comes from in-kind health and education spending. This reduction in inequality is about average for lower-middle-income countries, but Vietnam could do more to increase the progressivity of its fiscal system
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 16
    Language: English
    Pages: 1 Online-Ressource (36 pages)
    Parallel Title: Erscheint auch als Dovonou, Vanessa Olakemi The Distributional Impact of Inflation in South Asia: An Empirical Approach
    Keywords: Distributional Effect ; Distributional Impact ; Food Inflation ; Food Inflation and Inequality ; Inequality ; Inflation ; Macroeconomics and Economic Growth ; Poverty Impact Evaluation ; Poverty Reduction
    Abstract: This paper provides an empirical estimation of the distributional impact of inflation on households in South Asia. Two main channels are explored-the consumption basket channel and the income channel-for households in different income deciles in selected countries in South Asia. Using recent household expenditure surveys, the paper constructs detailed consumption expenditure shares and the effective "cost-of-living" inflation for households of different income levels. The analysis finds that due to a substantially larger share of food expenditure, households in lower income deciles experience higher effective inflation when food prices are high, despite a diversification in consumption expenditure over time. The analysis also suggests heterogeneous effects of inflation through the household income channel
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 17
    Language: English
    Pages: 1 Online-Ressource (37 pages)
    Parallel Title: Erscheint auch als Azevedo, Joao Pedro COVID-19 School Closures, Learning Losses and Intergenerational Mobility
    Keywords: Access To Education During COVID ; COVID-19 Learning Loss ; Educational Attainment ; Educational Mobility ; Health, Nutrition and Population ; Inequality ; Intergenerational Mobility
    Abstract: The paper presents a first global investigation of the longer-term inequality implications of COVID-19 by examining the effect of school closures on the ability of children from different countries and backgrounds to engage in continued learning throughout the pandemic, and their implications for intergenerational mobility in education. The analysis builds on the data from the Global Database of Intergenerational Mobility, country-specific results of the learning loss simulation model using weekly school closure information from February 2020 to February 2022, and high-frequency phone survey data collected by the World Bank during the pandemic to assess the incidence and quality of continued learning during periods of school closures across children from different backgrounds. Based on this information, the paper simulates counterfactual levels of educational attainment and corresponding absolute and relative intergenerational educational mobility measures with and without COVID-19 impacts, to arrive at estimates of COVID-19 impacts. The simulations suggest that the extensive school closures and associated learning losses are likely to have a significant impact on both absolute and relative intergenerational educational mobility in the absence of remedial measures. In upper-middle-income countries, the share of children with more years of education than their parents (absolute mobility) could decline by 8 percentage points, with the largest impacts observed in the Latin America region. Furthermore, unequal access to continued learning during school closures across children from households of different socioeconomic backgrounds (proxied by parental education levels) leads to a significant decline in relative educational mobility
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 18
    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
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 19
    Language: English
    Pages: 1 Online-Ressource (91 pages)
    Parallel Title: Erscheint auch als Baquero, Juan Pablo Revisiting the Distributive Impacts of Fiscal Policy in Colombia
    Keywords: Distributiveimpact of Taxes ; Equity and Development ; Fiscal and Monetary Policy ; Fiscal Policy ; Inequality ; Law and Development ; Macroeconomics and Economic Growth ; Poverty and Fiscal Policy ; Poverty Reduction ; Social Spending Impact Inequality ; Tax Law ; Transfer Impact on Poverty
    Abstract: Colombia is one of the most unequal countries in the region and the world. Given the redistributive role of fiscal policy, this study uses recent data from the 2021 Integrated Household Survey to explore the impacts of taxes and spending on poverty and inequality in Colombia. The study introduces innovations to the literature on Colombia, including an update of the fiscal microsimulation model to reflect the most recent economic context; an introduction of new fiscal policy parameters, such as gasoline subsidies and carbon taxes; and methodological improvements. The results show positive redistributive impacts, but these are considerably lower than those seen in other country members of the Organisation for Economic Co-operation and Development (OECD). Direct taxes and transfers reduce the Gini index from 0.543 to 0.505; and direct taxes, indirect taxes, subsidies, and monetary transfers reduce total poverty from 42.1 to 40.2 percent and extreme poverty from 16.1 to 11.7 percent. Direct taxes, transfers, and subsidies are progressive and contribute to poverty reduction, while indirect taxes such as the value-added tax or consumption tax are regressive and do not reduce poverty. This reflects a tax system that is progressive, but not progressive enough (with a low proportion of the population with high levels of income contributing), and cash transfer and subsidy programs that have room for improvement in their targeting
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 20
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (55 pages)
    Parallel Title: Erscheint auch als Amjad, Beenish The Effects of Fiscal Policy on Inequality and Poverty in Iraq
    Keywords: Committment To Equity Model ; Fiscal and Monetary Policy ; Fiscal Incidence ; Fiscal Policy ; Inequality ; Macroeconomics and Economic Growth ; Poverty ; Poverty Reduction ; Social Development ; Social Expenditure ; Social Inclusion and Institutions ; Social Protections and Labor ; Taxes
    Abstract: This study assesses the distributional impacts of public expenditures and taxes on poverty and inequality in the Republic of Iraq. The analysis uses the Commitment to Equity methodology and is based on the survey and government fiscal administrative data for fiscal year 2017. Results from the analysis show that Iraq's fiscal policy is modestly progressive. It reduces short-term inequality by 6.7 and 3.0 Gini points with and without including public spending on education and health services. Both results are less than the global and upper-middle-income country averages. However, driven by direct transfers from poverty targeted social safety net cash transfers and generous pension allowances, the fiscal system reduces short-term poverty by 5 percentage points when evaluated using the international poverty line of USD 5.5. This is one of the largest in the global and upper-middle-income country databases. These positive short-term results are achieved primarily because households pay almost no taxes. Iraq's tax revenues are far lower than even the lower-income countries' average. Unlike in most countries, Iraqi households in all quintiles, even the richest, are net beneficiaries of the fiscal policy. Given oil price volatility and the global movement away from fossil fuels, the high oil dependence and lack of a broader revenue base pose a significant fiscal sustainability challenge in Iraq
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 21
    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
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 22
    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
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 23
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (47 pages)
    Parallel Title: Erscheint auch als Cust, James Are the Poorest Catching Up?
    Keywords: Convergence ; Development Economics ; Economic Growth ; Extreme Poverty ; Income ; Inequality ; Macroeconomics and Economic Growth ; Poverty Data ; Poverty Monitoring and Analysis ; Poverty Reduction
    Abstract: Are global incomes converging or diverging Despite recent empirical evidence supporting the hypothesis of unconditional beta convergence, this paper argues that such findings overlook the stark reality facing the world's poorest people. Many lower income countries, including those among the so-called "Bottom Billion," continue to slip further behind the rest of the world, while the numbers of those living in extreme poverty are beginning to rise again after decades of decline. The paper explores how these contradictions can coexist and discusses the policy importance of looking beyond global average trends. The paper identifies three confusions that can arise when analyzing trends in income convergence. First, a focus on unconditional convergence can overlook important policy questions, such as whether countries are likely to eradicate extreme poverty or to catch up with the rest of the world. Tests for convergence may yield only partial answers, especially in light of recent findings that show that unconditional beta convergence can coexist with a significant group of countries slipping ever further behind the rest of the world. Meanwhile extreme poverty numbers are increasing rather than decreasing. Second, average trends can both obscure and be distorted by underlying differences in country composition. In the extreme case, while fast-growing China was below global mean incomes between 2000 and 2020, it significantly boosted empirical support for global convergence. Now that China has passed this threshold, the finding will likely reverse in the coming years as more data is available. Third, different levels of availability of time periods and country coverage can distort and even bias empirical findings, especially where limitations to data availability is correlated with lower income or diverging economies
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 24
    Language: English
    Pages: 1 Online-Ressource (39 pages)
    Parallel Title: Erscheint auch als Song, Ze Natural Disaster, Infrastructure, and Income Distribution: Empirical Evidence from Global Data
    Keywords: Counterfactual Estimation Technique ; Empirical Studies ; Environment ; Environmental Disasters and Degradation ; Income Inequality ; Inequality ; Infrastructure Development ; Infrastructure Economics ; Infrastructure Economics and Finance ; Natural Disasters ; Poverty Reduction
    Abstract: Natural disasters--such as flooding, hurricanes, and earthquakes--have, on average, affected 130 million people and caused more than 40,000 deaths annually worldwide over the past three decades. The average annual value of property damage is estimated at more than 90 billion dollars globally. Corresponding relief and reconstruction packages measuring in billions of dollars over the past three decades have brought large new investments and the formation of new capital assets. The literature has debated the distributional impacts of natural disasters across households by income group. Most studies focus on a specific country or region, and the findings do not converge. Some find that natural disasters reduce income inequality, while others report the opposite. This study adds new empirical evidence on the impacts of natural disasters on income inequality by pooling data from 130 countries for 1990-2017. The study employs the generalized synthetic control method, which involves identifying the causal effects by comparing the actual post-disaster Gini index for treated countries with a counterfactual. The data are from the EM-DAT database maintained by the Centre for Research on the Epidemiology of Disasters and covers 70 percent of natural disasters globally. The key finding of the study is that catastrophic natural disasters have negative relationships with inequality, as measured by the Gini index, in both the short and long run. The study also discusses potential mechanisms, such as physical infrastructure, disruptive creation, institutions, political revolution, and financial aid, to further explain findings from the empirical analysis
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 25
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Health Study
    Keywords: Covid Vaccination ; Covid-19 Impact ; Gender-Based Violence ; Health, Nutrition and Population ; Immunizations ; Inequality ; Pandemic Response Case Study ; Poverty Reduction ; Public Health Promotion ; Public Health Response To Covid ; Universal Health Coverage
    Abstract: The Fiji government responded quickly and moved decisively with stringent measures following the identification of the first COVID-19 case and took various effective measures to prevent its spread. It has been quick to implement public health emergency measures including lockdowns, curfews, physical distancing, travel restrictions, and international border closures to prevent imported cases of the virus. While the Fiji government used its endorsed Health and Emergencies Disaster Management Plan (HEADMAP) and did not view the pandemic as a new concept requiring a new approach, its application remains one that is innovative and potentially transformative, especially for Fiji and the Pacific region. A total of 65,713 cases (7,426 per 100,000 population) and 866 deaths (98 per 100,000 population) have been reported up until June 30, 2022. The Ministry of Health and Medical Services (MoHMS) in Fiji mobilized its staff to serve at designated fever clinics and isolation facilities in hospitals and communities, and it gradually increased its sentinel sites for polymerase chain reaction (PCR) tests, with additional capacity to undertake GeneXpert COVID-19 testing. Since the first confirmed case of COVID-19 was identified in Fiji on March 19, 2020, the government of Fiji has taken proactive and effective measures, including nonpharmaceutical interventions (NPIs) such as school and workplace closure, community quarantine, limiting size of meetings, restricting travel, stay-at-home guidelines for high-risk people, teleworking, closure of high risk venues, and personal hygiene measures; active surveillance and case detection; and appropriate case management using various strategies including fever clinics, contact tracing, supervision, and home quarantine to ensure safe delivery of clinical services. The pandemic has disproportionately impacted the most vulnerable and marginalized groups, including women, children, older people, young people, persons with disabilities, the LGBTQI+ community, single and women-headed households, and poor households, with escalating rates of gender-based violence being reported. Although there are many challenges faced in adequately containing and responding to the COVID-19 pandemic, some of the lessons learned could provide valuable insights for policy makers and researchers globally
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 26
    Language: English
    Pages: 1 Online-Ressource (42 pages)
    Parallel Title: Erscheint auch als Krafft, Caroline Quality and Inequality in Pre-Primary and Home Environment Inputs to Early Childhood Development in Egypt
    Keywords: Children and Youth ; Early Childhood Development ; Education ; Education Quality ; Home Environment ; Inequality ; Poverty Reduction ; Pre-Primary ; Pre-Primary Child Development Investment ; Primary Education Investment ; School Readiness Indicators ; Social Development ; Socioeconomic Inquality
    Abstract: By the time children in low- and middle-income countries start primary school, large socioeconomic disparities are evident in children's learning and development. Both pre-primary and home environments can play important roles in influencing school readiness and can contribute to disparities in early childhood development, but there is limited evidence on their relative roles in low- and middle-income countries. This paper examines how pre-primary quality, stimulation at home, and early childhood development vary by socioeconomic status for pre-primary students in the Arab Republic of Egypt. The results demonstrate substantial socioeconomic inequality in stimulation at home, more so than in pre-primary quality and inputs, although there is variation in the degree of inequality across different dimensions of pre-primary quality. "Double inequality" is observed, where students with less stimulating home environments experience slightly lower quality pre-primary inputs. There are particularly large pre-primary inequities in structural quality (physical environment) and less inequity in process quality (pedagogy). These results suggest that targeted investments in pre-primary education in Egypt are necessary to reduce inequality in school readiness but are likely insufficient to close the socioeconomic status gap in children's development. Investing in interventions to improve vulnerable children's home learning environments, as well as investing in quality pre-primary, is critical to address disparities in children's development
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 27
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Conflict and Development ; Forced Displacement ; Host Communities ; Inequality ; Living Standards ; Poverty Reduction ; Social Cohesion ; Social Conflict Prevention
    Abstract: This report presents new evidence from 26 background studies on forced displacement and social cohesion to expand the current knowledge base on how to prevent social conflict and promote social cohesion in forced displacement contexts. The background studies are geographically and methodologically diverse. They examine social cohesion in a variety of low-, middle-, and high-income countries across Africa, Asia, Central, and South America, and Europe. Building on this new evidence, the report provides lessons on how development investments and policies can reduce inequalities, alleviate social tensions, and promote social cohesion between and within displaced populations and host communities. Overall, the findings demonstrate that, while displacement can exacerbate existing inequalities and create new inequalities and the potential for conflict, especially in areas with strained services and limited economic opportunities, inclusive policies and development investments can effectively mitigate the negative effects of displacement and promote social cohesion
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 28
    Language: English
    Pages: 1 Online-Ressource (51 pages)
    Parallel Title: Erscheint auch als Amendola, Nicola Price Adjustments and Poverty Measurement
    Keywords: Cost-Of-Living Differences ; Household Income and Expenditure Survey ; Inequality ; Inflation ; Macroeconomics and Economic Growth ; Poverty ; Poverty Measurement ; Price Adjustment ; Price Indexes
    Abstract: Measuring poverty entails making interpersonal welfare comparisons, that should account for differences in prices faced by households, both over time and across space. This paper investigates the impact of seemingly minor differences in the practical implementation of price adjustments, by developing an analytical framework that is consistent with standard consumer theory and mindful of the data limitations faced by practitioners. The main result is at odds with common sense: even when multiple price indexes are available, say a food and a nonfood Consumer Price Index, it turns out that using a single price index, the total Consumer Price Index, to adjust the consumption aggregate is recommended. The practice of adjusting the components of the consumption aggregate separately, using matching deflators-food expenditure with the food index and nonfood expenditure with the nonfood index-can lead to a systematic bias in the welfare measure, and consequently in poverty and inequality measures. The direction of the bias can be easily predicted based on the price level and household consumption patterns. On the interplay between spatial and temporal deflation, the findings show that temporal deflation should be carried out before implementing adjustments to spatial cost-of-living differences. The paper illustrates these findings using the Islamic Republic of Iran's 2019 Household Income and Expenditure survey: the bias in the headcount poverty rate due to incorrect deflation is substantive (5-10 percent for estimates at the national level, 15-20 percent in urban and rural areas, and more than 30 percent for district-level headcount rates). Higher-order Foster-Greer-Thorbecke poverty measures are even more affected
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 29
    Language: English
    Pages: 1 Online-Ressource (54 pages)
    Parallel Title: Erscheint auch als Alam, Muneeza Mehmood The ABCs of the Role of Public Transport in Women's Economic Empowerment
    Keywords: Access To Employment ; Female Employment ; Gender ; Gender and Economic Policy ; Gender Barriers ; Inequality ; Public Transit ; Transport and Women's Labor Market Outcome ; Transport Mobility
    Abstract: There is increasing recognition that deficiencies in the public transport system impact men and women differently. While transport systems have been shown to play a significant role in women's participation in the labor force globally, this topic has been little explored in the Middle East and North Africa. This paper examines the effect of the spatial accessibility, availability, and safety of public transportation on women's labor market outcomes in three capital cities in the Middle East and North Africa-Amman in Jordan, Beirut in Lebanon, and Cairo in the Arab Republic of Egypt. The analysis uses three types of data collected for each city in 2022, namely, household mobility surveys, transit network data, and built environment audits. The paper investigates how the spatial accessibility of jobs in each city, the availability of public transportation close to residential locations, and the safety of public transit stops affect the labor force participation of women and their likelihood of employment. The main findings are that: (a) accessibility, availability, and safety appear to impact women's labor force participation differentially in each city, and these impacts also vary by income level; and (b) although accessibility, availability, and safety appear to impact women's labor force participation, they have overall little impact on women's employment probability. The paper takes these two findings to imply that: (a) a one-size-fits-all-women solution is not appropriate when designing public transport systems; and (b) although public transport plays a critical role in improving women's access to employment opportunities, complementary actions are needed to translate these gains into gainful employment
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 30
    Language: English
    Pages: 1 Online-Ressource (42 pages)
    Parallel Title: Erscheint auch als Karra, Mahesh Liberian Women Count: Evidence from a Macrosimulation of the Gender Dividend
    Keywords: Demography ; Economic Contribution Of Women ; Economic Growth ; Gender ; Gender Dividend ; Inequality ; Macrosimulation ; Time Allocation ; Value Of Domestic Work ; Women's Empowerment ; Women's Human Capital
    Abstract: Liberian women make significant economic contributions yet are constrained from contributing even more due to their exclusion from productive opportunities. This study develops a macrosimulation model of the Gender Dividend that estimates the economic contributions of women and the societal costs incurred by excluding them. Using macroeconomic, demographic, and survey data from Liberia, the analysis finds that women were responsible for 39 percent of market-based output produced annually in 2020, equal to USD 1.08 billion, and contributed another USD 530 million in non-tradable sources of production, namely, housework and domestic chores. Using the macrosimulation model, the study estimates that if the gender gaps in labor force participation, intra-sectoral wages, and sector of employment were closed, gross domestic product would be 11.5 percent higher. If further reforms were undertaken to equalize education and reduce fertility rates to a net-reproduction rate, gross domestic product would be 23.7 percent higher. Finally, if the model also accounts for the value of non-tradable production, gross domestic product would be USD 5.89 billion, or 45.3 percent higher than today's estimates, with women being responsible for 53 percent of the labor market output. These estimates reinforce the need for a unified policy agenda that actively invests in women's human capital and work-related opportunities simultaneously
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 31
    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
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 32
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Climate Change ; Climate Change Policy and Regulation ; Decntralization ; Economic Growth ; Finance and Financial Sector Development ; Macroeconomics and Economic Growth ; Public and Municipal Finance ; Public Investment ; Public Sector Development
    Abstract: The latest Taking Stock report shows that Vietnam's economic growth slowed from 8% in 2022 to 3.7% in the first half of 2023. It forecasts a moderate growth of 4.7% in 2023, gradually accelerating to 5.5% in 2024 and 6.0% in 2025. However, the economy faces external and domestic headwinds. Vietnam has ample fiscal space and a proactive fiscal policy supporting short-term demand, removing barriers to the implementation of public investment, and addressing infrastructure constraints can help the economy achieve these targets and promote long-term growth. The report's special chapter studies Vietnam's public investment management and how it can contribute to the goal of becoming a high income economy. To harness the power of public investment, the report recommends that Vietnam sustain its level of investment, improve the quality of the proposed project, and address deficiencies in public investment management and inter-governmental fiscal institutions
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 33
    Language: English
    Pages: 1 Online-Ressource (156 pages)
    Parallel Title: Erscheint auch als Hoy, Christopher Building Public Support for Reducing Fossil Fuel Subsidies: Evidence across 12 Middle-Income Countries
    Keywords: Climate Change ; Climate Change Policy and Regulation ; Energy ; Energy Policies and Economics ; Energy Policy ; Fossil Fuel ; Fuels ; Macroeconomics and Economic Growth ; Political Economy ; Public Finance ; Public Sector Development ; Randomized Experiment ; Regressive Subsidy ; Subsidy ; Taxation and Subsidies
    Abstract: This study examines which factors influence support for reducing fossil fuel subsidies and what types of information shift people's views through surveying 37,000 respondents across 12 middle-income countries that provided over USD750 billion in explicit and implicit subsidies for fossil fuels in 2022. Respondents were randomly allocated to receive information about the relative cost of fossil fuel subsidies, how they are regressive, or worsen climate change and air pollution. They were then asked about their support for reforms with and without accompanying policies. These treatments, particularly about environmental damage, increased support for reforms in countries that primarily subsidize gasoline and among respondents who perceive themselves to be middle class. Around 30 percent of respondents supported reducing fossil fuel subsidies in isolation, but this share increased to over 95 percent if accompanying policies were implemented. These findings help inform governments about how to build public support for phasing out fossil fuel subsidies
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 34
    Language: English
    Pages: 1 Online-Ressource (20 pages)
    Parallel Title: Erscheint auch als Orecchia, Carlo Assessing the Efficiency and Fairness of the Fit for 55 Package toward Net Zero Emissions under Different Revenue Recycling Schemes for Italy
    Keywords: Achieving Environmental Sustainability Goals ; Carbon Policy and Trading ; Carbon Pricing Impact ; Climate Change Mitigation and Green House Gases ; Environment ; European Green Deal ; Greenhouse Gas Emission Reduction ; Inequality ; Macroeconomics and Economic Growth ; Poverty Reduction ; Revenue Recycling ; Tax System Reform ; Taxation and Subsidies
    Abstract: One of Italy's key objectives is to reform and modernize the tax system to increase tax efficiency and improve environmental sustainability and regional economic outcomes, in line with the European Union strategy. Within the framework of the European Green Deal, Italy is committed to contributing to the goal of becoming the first climate neutral region by 2050 (the "Fit for 55" package). As an intermediate step toward the 2050 target, the European Union must reduce greenhouse gas emissions by at least 55 percent by 2030 compared to 1990 levels. Carbon pricing is at the core of the proposal, but its full implementation is also expected to have regressive effects, harming poorer households, and adverse economic impacts, reducing firms' competitiveness. This paper evaluates the effects of the carbon pricing proposal of the "Fit for 55" package on welfare, sectoral production, and income distribution. To tackle the adverse social and economic effects, it compares different revenue recycling schemes shifting the tax burden from major direct and indirect taxes to carbon emissions. It finds that well-targeted revenue recycling policies might significantly reduce the negative effects. The analysis adopts the Italian Regional and Environmental Computable General Equilibrium of the Department of Finance model, which is a new (recursive) dynamic computable general equilibrium model developed by the Italian Ministry of the Economy with technical assistance from the World Bank. It has a detailed energy specification that allows for capital/labor/energy substitution in production, intra-fuel energy substitution across all demand agents, a multi-output and multi-input production structure, an extended energy system with 11 different types of technologies, multiple households to address distributional impacts, and detailed information on the Italian tax system
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 35
    Language: English
    Pages: 1 Online-Ressource (56 pages)
    Parallel Title: Erscheint auch als Brunckhorst, Ben Tracing Pandemic Impacts in the Absence of Regular Survey Data: What have we Learned from the World Bank's High-Frequency Phone Surveys?
    Keywords: Covid-19 Impacts ; Gender ; Gender and Public Expenditures ; Health, Nutrition and Population ; High-Frequency Phone Survey ; Household Questionnaire Design ; Household Welfare ; Inequality ; Labor Markets ; Macroeconomics and Economic Growth ; Social Protections and Labor ; Survey Method
    Abstract: The World Bank's High-Frequency Phone Surveys were deployed to support the monitoring of household welfare during the COVID-19 pandemic, when most of the regular household survey data collection was suspended. This paper reviews the analytical insights gained from the High-Frequency Phone Survey data, including uneven dynamics of household welfare during the pandemic across and within countries, as well as novel applications to simulate estimates of poverty and intergenerational mobility following the pandemic. The paper further derives lessons from the data collection experience. First, phone surveys, while inexpensive and quick, require reliable sampling frames. The predominant sampling strategies-previous household survey and random digit dialing-each have pros and cons in terms of representativeness, non-response, and post-survey adjustments. Second, on questionnaire design, country customization needs to be carefully balanced against standardization when cross-country comparisons are likely to be important. Finally, baseline metrics are critical for crisis monitoring; this requires more frequent welfare monitoring and better alignment of questions in phone surveys and existing data sources. While phone surveys can be a reliable toolkit for researchers and governments, more research is needed on key questions related to the survey mode effect, and the implications of different sampling frames and questionnaire design
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 36
    Language: English
    Pages: 1 Online-Ressource (34 pages)
    Parallel Title: Erscheint auch als Bussolo, Maurizio (Perceptions of) Inequality, Demand for Redistribution, and Group-Specific Public Goods: A Survey Experiment in India
    Keywords: Biased Perceptions ; Community ; Distribution ; Income ; Inequality ; Living Standards ; Macroeconomics and Economic Growth ; Personal Wealth ; Poverty Reduction ; Public Goods ; Redistribution
    Abstract: This paper uses data from a survey of 116,061 households in India to study people's beliefs about inequality and demand for redistribution. The findings show that a household's beliefs about inequality, implied by the perception of their position on the income distribution, is negatively correlated with support for reducing inequality. This is relevant since there are significant differences between where individuals believe their household stands and their actual position, with the gap between perceived and actual position exceeding two deciles on average. Despite these large differences, informing individuals of their household's position on the income distribution has no discernible effect on support for reducing inequality. The paper posits that demand for redistribution may be unresponsive to this information because it is based on exclusively on household's income and does not account for the sharing of resources within communities. In communities where group-specific public goods, such as religious and social goods, are present, class antagonism and redistribution are mitigated by community solidarity. Households benefit from these goods, and such benefits alter the individuals' beliefs of inequality. Consistent with this prediction, the average individual perceives their household as richer in districts with a greater supply of religious or social goods. The sharing of resources within religious or ethnic groups can shape perceptions of the income distribution and reduce support for redistribution within these groups, and thus requires serious consideration in studies of inequality
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 37
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2193
    Keywords: Banking Sector ; Economic Growth ; Fiscal and Monetary Policy ; Fiscal Space ; Growth ; Income Inequality ; Inequality ; Macroeconomics and Economic Growth ; Poverty Reduction ; Reforms
    Abstract: Global economic activity registered resilient growth in early 2023 but is losing momentum. Advanced economies growth slowed less-than-anticipated inearly 2023 as tight labor markets drove wages up, preventing a sharp decline in consumption. However, global growth slowed slightly in Q2 2023, with services growth cooling gradually and manufacturing remaining soft. Global inflation has moderated in recent months, largely reflecting favorable base effects from commodity prices falling below their 2022 peaks, along with abating supply chain pressures. Global trade in services strengthened in 1H 2023 thanks to the easing of mobility restrictions but trade in goods slowed due to weakening global industrial production
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 38
    Language: English
    Pages: 1 Online-Ressource (63 pages)
    Parallel Title: Erscheint auch als Brunckhorst, Ben Long COVID: The Evolution of Household Welfare in Developing Countries during the Pandemic
    Keywords: COVID and Informal Workers ; COVID-19 Impacts ; Gender ; Gender and Poverty ; Gendered COVID Impact ; Inequality ; Labor Market Impacts ; Phone Survey Data ; Poverty Reduction ; Welfare
    Abstract: This paper examines the welfare impacts of the COVID-19 pandemic, using harmonized data from 343 high-frequency phone surveys conducted in 80 economies during 2020 and 2021, representing more than 2.5 billion people. The analysis focuses on the scarring effects of the initial losses of employment and income by examining their evolution over time across and within countries, as restrictions on mobility and economic activity were introduced and then gradually relaxed. The employment and welfare outcomes of some groups that were impacted to a greater degree initially-including women, informal workers, and those with less education-have been improving at a slower pace. The social protection response in lower-income economies was largely insufficient to protect households from the pandemic shock. Unmitigated welfare losses, as seen for example from the large share of households indicating income losses well into 2021, are highly correlated with food insecurity, which likely led some households to sell physical assets and deplete their savings. Without proper remediation, the uneven welfare impacts associated with COVID-19 may be amplified over the medium to long term, leading to future increases in poverty and inequality
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 39
    Language: English
    Pages: 1 Online-Ressource (28 pages)
    Parallel Title: Erscheint auch als Liotta, Charlotte Efficiency and Equity in Urban Flood Management Policies: A Systematic Urban Economics Exploration
    Keywords: Climate Change ; Climate Change Impacts ; Communities and Human Settlements ; Disaster Risk Management ; Environment ; Flood Control ; Hazard Risk Management ; Inequality ; Land Use Zoning ; Municipal and Civil Engineering ; Risk-Based Insurance ; Subsidized Insurance ; Urban Development ; Urban Economics ; Urban Floods ; Urban Housing and Land Settlements ; Urban Poverty ; Welfare
    Abstract: Flood exposure is likely to increase in the future as a direct consequence of more frequent and more intense flooding and the growth of populations and economic assets in flood-prone areas. Low-income households, which are more likely to be located in high-risk zones, will be particularly affected. This paper assesses the welfare and equity impacts of three flood management policies-risk-based insurance, zoning, and subsidized insurance-using an urban economics framework with two income groups and three potential flood locations. The paper shows that in a first-best setting, risk-based insurance maximizes social welfare. However, depending on flood characteristics, implementing a zoning policy or subsidized insurance is close to optimal and can be more feasible. Subsidizing insurance reduces upward pressure on housing rents but increases flood damage, and is recommended for rare floods occurring in a large part of a city. Zoning policies have the opposite effect, avoiding damage but increasing housing rents, and are recommended for frequent floods in small areas. The social welfare impact of choosing the wrong flood management policy depends on the location of floods relative to employment centers, with flooding close to employment centers being particularly harmful. Implementing flood management policies redistributes flood costs between high- and low-income households through land markets, irrespective of who is directly affected. As such, they are progressive in terms of equity, compared to a laissez-faire scenario with myopic anticipations, in the more common scenario where poorer populations are more exposed to urban floods. But their impacts on inequality depend on flood locations and urban configuration. For instance, in a city where floods are centrally located and low-income households live in the city center, subsidized insurance would mitigate a surge in inequality, whereas a zoning policy could substantially increase inequalities
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 40
    Language: English
    Pages: 1 Online-Ressource (49 pages)
    Parallel Title: Erscheint auch als Berg, Claudia Does Market Integration Increase Rural Land Inequality? Evidence from India
    Keywords: Colonial Railroad ; Communities and Human Settlements ; Credit Market Imperfections ; Farming Technology ; Golden Quadrilateral ; Gravity Measures ; Increasing Returns ; Inequality ; International Economics and Trade ; Land Administration ; Land Inequality ; Landlessness ; Market Integration ; Poverty Reduction ; Rural Land Policies for Poverty Reduction ; Rural Roads and Transport ; Transport Infrastructure
    Abstract: Investments in transport infrastructure lower trade costs and lead to integration of villages with urban markets. Does spatial market integration increase land inequality in rural areas Theoretical analysis by Braverman and Stiglitz (1989) suggests that the interactions of lower trade costs with credit market imperfections can increase land inequality. The primary mechanism is the adoption of increasing returns technology by large landowners facing lower trade costs which makes it more profitable to expand their scale by buying land from small, credit-constrained farmers. Using high- quality household survey data (the India Human Development Survey) on land ownership in rural districts of India, this paper provides the first evidence on the effects of market integration on land ownership inequality. It develops an instrumental variables approach exploiting two sources of exogenous variation: the location of a rural district relative to the Golden Quadrilateral network (an inconsequential place design) and the length of colonial railroad in the 1880s in a district (a historical infrastructure design). This paper discusses and deals with potential objections to the exclusion restrictions. The evidence suggests that a 10 percent increase in a gravity measure of market access increases the land Gini coefficient by 2.5 percent and the share of landless households by 6.8 percent. This paper finds evidence consistent with the Braverman and Stiglitz (1989) hypothesis that the interaction of credit market imperfections with lower trade costs increases land inequality: a 10 percent increase in market access increases the adoption of increasing returns farming technology by 3.5 percent. There is a positive effect on land sales, but the instrumental variables estimates are imprecise. The robustness of the conclusions is checked by relaxing the exclusion restrictions using the Conley and others (2012) approach, and the bias-adjusted ordinary least squares estimator of Oster (2019) that does not impose any exclusion restrictions. The estimated effects of market access cannot be accounted for by the colonial land revenue system, demographic pressure on land, and differences in inheritance law between the Hindu and Muslim population in a district
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 41
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Economic and Sector Work Reports
    Keywords: Adaptation to Climate Change ; Climate Change Economics ; Climate Change Policy and Regulation ; Climate Development ; Economic Growth ; EMDES ; Energy Transition ; Environment ; Finance and Development ; Finance and Financial Sector Development ; Fiscal Space ; Inclusive Recovery ; Macroeconomics and Economic Growth ; Public Sector Development ; Sustainability ; Transformation
    Abstract: This report makes the case for a big investment push for EMDEs' sustainable recovery and development, assesses the magnitude and composition of such investment, presents actions needed for an energy transition, looks at the role that innovations and state capacity can play in facilitating GRID, and proposes actions that governments, the private sector, MDBs, the IMF, and donors can undertake to mobilize financing at the large scale needed. The report summarizes the insights derived from the meetings of the High-Level Advisory Group (HLAG) on Sustainable and Inclusive Recovery and Growth, jointly led by Mari Pangestu, Ceyla Pazarbasioglu, and Nicholas Stern, and composed of experts from research institutions, the private sector, and governments, as well as senior World Bank Group and IMF staff members. The work of the HLAG, and thus this report, focuses on EMDEs and delves in greater depth into climate investment and financing, particularly for energy transition, as it is a less researched area. While doing so, it recognizes that policy and investment decisions in high-income countries, which accounted for only 16 percent of the global population in 2019 and yet for 32 percent of total greenhouse gas emissions (World Bank 2023a, 2023b), will be critical to whether the Paris Agreement goals can be reached. It also recognizes that these countries must play a key role in contributing financially to EMDEs' transition to low-carbon economies
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 42
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (45 pages)
    Parallel Title: Erscheint auch als Wollburg, Philip The Climate Implications of Ending Global Poverty
    Keywords: Climate Change ; Climate Change Economics ; Co2 Emission Goals ; Environment and Poverty ; Greenhouse Gas Emissions ; Inequality ; Macroeconomics and Economic Growth ; Poverty ; Poverty and Climate Ambitions
    Abstract: Previous studies have explored potential conflicts between ending poverty and limiting global warming, by focusing on the carbon emissions of the world's poorest. This paper instead focuses on economic growth as the driver of poverty alleviation and estimates the emissions associated with the growth needed to eradicate poverty. With this framing, eradicating poverty requires not only increasing the consumption of poor people, but also the consumption of non-poor people in poor countries. Even in this more pessimistic framing, the global emissions increase associated with eradicating extreme poverty is small, at 2.37 gigatonnes of equivalent carbon dioxide in 2050, or 4.9 percent of 2019 global emissions. These additional emissions would not materially affect the global climate change challenge: global emissions would need to be reduced by 2.08 gigatonnes of equivalent carbon dioxide per year, instead of the 2.0 gigatonnes of equivalent carbon dioxide per year needed in the absence of any extreme poverty eradication. Lower inequality, higher energy efficiency, and decarbonization of energy can significantly ease this trade-off: assuming the best historical performance in all countries, the additional emissions for poverty eradication are reduced by 90 percent. Therefore, the need to eradicate extreme poverty cannot be used as a justification for reducing the world's climate ambitions. When trade-offs exist, the eradication of extreme poverty can be prioritized with negligible emissions implications. The estimated emissions of eradicating poverty are 15.3 percent of 2019 emissions with the lower-middle-income poverty line at USD 3.65 per day and or 45.7 percent of 2019 emissions with the USD 6.85 upper-middle-income poverty line. The challenge to align the world's development and climate objectives is not in reconciling extreme poverty alleviation with climate objectives but in providing middle-income standards of living in a sustainable manner
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 43
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (34 pages)
    Parallel Title: Erscheint auch als Rude, Britta Quantifying Vulnerability to Poverty in El Salvador
    Keywords: Adaptive Safety Nets ; Development Patterns and Poverty ; Household-Level Shocks ; Inequality ; Poverty Reduction ; Risk Mitigation Strategy ; Social Development ; Social Protections and Labor ; Social Risk Management ; Vulnerability To Poverty ; Vulnerable Populations
    Abstract: El Salvador is marked by high vulnerability to risks and hazards, such as crime, natural disasters, and migration. Therefore, it is crucial to understand the vulnerability patterns of its population. This paper applies an innovative approach to estimate the population's vulnerability to poverty and analyze its underlying drivers. The findings show that ex-ante vulnerability to poverty decreased over 2016 to 2019, a parallel trend to the poverty reduction observed in the country during this period. This finding comes hand in hand with an increase in the importance of risk factors relative to a low accumulation of assets driving vulnerability. Additionally, household-level shocks play a more significant role than community-level shocks. To address vulnerabilities in the country, the government should invest in adaptive safety nets and risk mitigation strategies
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 44
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (350 pages)
    Parallel Title: Erscheint auch als
    Keywords: Climate Change Adaptation ; Green Growth ; Inclusive ; Inequality ; Natural Capital ; Resilient Cities
    Abstract: Between 1970 and 2021, the number of people living in cities increased from 1.19 billion to 4.46 billion, while the Earth's surface temperature climbed by 1.19 degrees Celsius above its preindustrial levels. Because of the prosperity they helped generate, cities have been a major cause of this climate change. However, it is also in cities that many of the solutions to the climate crisis--in terms of both adaptation and mitigation--will be found, not least because by 2050, almost 70 percent of the world's population will call cities home. As such, cities are the key to arguably the greatest public policy challenge of our times. To take stock of how green, how resilient, and how inclusive cities globally are today, 'Thriving: Making Cities Green, Resilient, and Inclusive in a Changing Climate' defines a global typology of more than 10,000 cities. It finds that there is wide variation in how green, resilient, and inclusive cities are around the world. It asks how climate change impacts cities and, conversely, how cities affect climate. Vicious cycles in development could occur as cities become more vulnerable to extreme events and the challenges compound and cascade. Finally, this report provides a compass for policy makers on policies that can help cities not only survive but also thrive in the face of the perils of climate change. Policy makers can and must act now to chart a more sustainable trajectory
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 45
    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
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 46
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Keywords: Adaptation ; Adaptation To Climate Change ; Climate Change ; Climate Change and Environment ; Climate Change Economics ; Climate Change Mitigation and Green House Gases ; Climate Change Policy and Regulation ; Environment ; Macroeconomics and Economic Growth ; Public Sector Development
    Abstract: Climate change poses major risks for development in the Philippines. Climate shocks, whether in the form of extreme weather events or slow-onset trends, will hamper economic activities, damage infrastructure, and induce deep social disruptions. Adaptation to the risks of climate change, including both extreme events and slow-onset problems, is thus critical for the Philippines. Policy inaction would impose substantial economic and human costs, especially for the poor. Adaptation cannot eliminate the costs of climate change, but it can substantially reduce them. Many adaptation responses also contribute to mitigation; conversely, many mitigation measures generate local co-benefits, such as reduced air pollution. Although the Philippines is a relatively low emitter of greenhouse gas (GHG), it can contribute to global mitigation efforts through an energy transition, including a shift away from coal. The investment costs of such adaptation measures and an energy transition are substantial but not out of reach. The Philippines Country Climate and Development Report (CCDR) comprehensively analyzes how climate change will affect the country's ability to meet its development goals and pursue green, resilient, and inclusive development. The CCDR helps identify opportunities for climate action by both the public and private sectors and prioritizes the most urgent development challenges impacted by climate change in the Philippines
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 47
    Language: English
    Pages: 1 Online-Ressource (27 pages)
    Parallel Title: Erscheint auch als Gustavo, Canavire Bacarreza Understanding the Distributional Impacts of Increases in Fuel Prices on Poverty and Inequality in Paraguay
    Keywords: Commodities ; Crude Oil Import Dependence ; Economic Insecurity ; Energy ; Energy and Poverty Alleviation ; Energy Dependence ; Fuel Prices ; Fuels ; Inequality ; Macroeconomics and Economic Growth ; Oil and Gas ; Oil Price Volatility ; Poverty
    Abstract: The recent global increases in fuel prices threaten the gains in poverty reduction that countries like Paraguay have achieved over the past few decades. Therefore, policy makers must understand the potential distributional impacts of increases in fuel prices to evaluate the implementation of alternative measures that could mitigate these impacts. This paper analyzes the potential effects of fuel prices on poverty and inequality in Paraguay. Using microsimulation methods and based on the Commitment to Equity framework, it estimates the impact of higher fuel prices on welfare, poverty, and inequality based on three scenarios: (a) increases in gasoline prices, (b) increases in diesel prices, and (c) simultaneous increases in gasoline and diesel prices. The results obtained suggest that the total impact of increasing fuel prices tends to be more regressive in Paraguay. At the same time, the results of the simulations indicate small effects on income inequality
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 48
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Independent Evaluation Group Studies
    Keywords: Health Care Services Industry ; Health Service Management and Delivery ; Industry ; Inequality ; Poverty Reduction
    Abstract: IEG's meta-evaluation serves as an input for the upcoming independent external review of its evaluations. The report focuses on aspects of credibility related to the rationale, focus, use of innovative methods, and various research design attributes as formulated in evaluation reports and their respective approach papers. Drawing on a set of 28 evaluations published from fiscal year 2015 to 2019, the meta-evaluation offers six major conclusions and suggestions based on a systematic review of evaluation scope, reliability, validity (including construct, internal, external, and data analysis validity), consistency, and the integration of innovative methods
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 49
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Keywords: Equity and Development ; Fiscal and Monetary Policy ; Fiscal Policy ; Inequality ; Macroeconomics and Economic Growth ; Poverty ; Poverty Impact Evaluation ; Poverty Reduction ; Pro-Poor Growth ; Social Development ; Taxes
    Abstract: The overall objective of this study is to assess the impact of the fiscal system on poverty and inequality in The Gambia as of 2015. The study presents the first empirical evidence on the distributional impacts of taxes and social spending on households in The Gambia. Furthermore, it also evaluated the distributional effects of recent fiscal policy reforms in The Gambia. The assessment was based on the Commitment to Equity (CEQ) Methodology with data from the Integrated Household Survey of 2015 and fiscal administrative data from various government ministries, departments, and agencies. The analyses show that while the fiscal system in The Gambia reduces inequality by 1.2 Gini points, it increases the national poverty headcount by 5.3 percentage points as all households (including the poor) are net payers into the fiscal system. Most of the inequality reduction is due to primary education benefits, with a marginal contribution of 0.44 Gini points, and most of the poverty increase is due to custom duties and VAT with marginal contributions of -2.63 percentage points and -2.07 percentage points, respectively. Simulating the effect of changes in the structure of personal income tax (PIT) and the government's ongoing absorption of the School Feeding Program indicate that these changes reduce inequality but do not offset the impoverishing effect of the fiscal system. Hence, more cashable transfer programs targeted to the poor are needed to offset the impoverishing effect of indirect taxes and make the fiscal system more pro-poor
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 50
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Public Sector Study
    Keywords: Economic Growth ; Good Governance ; Governance ; Local Government ; Macroeconomics and Economic Growth ; Public Sector Development ; Public Sector Reform ; Taxation and Subsidies
    Abstract: Limited local tax revenue and low public sector efficiency are two critical problems of public sector management and key constraints for the economic and social development of many subnational governments in large federal countries. To create fiscal space without compromising macroeconomic stability and fiscal sustainability, there is a need for reforms that lead to better use of public resources and improved expenditure efficiency through reforms in budgeting, procurement, and tax administration. This note presents lessons learned from the World Bank's subnational governance projects in three large federal countries - Argentina, Brazil and Nigeria - between 2008-2017. These lessons learned can be useful in shaping the design of future subnational governance projects in other federal countries, particularly those projects seeking to improve service delivery, public expenditure systems and core governance institutions
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 51
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Transport Papers
    Keywords: Gender ; Inequality ; Labor Markets ; Poverty Reduction ; Social Protections and Labor
    Abstract: This report explores two aspects of the rail transport sector - mobility, and employment--in the countries of Serbia, and Bosnia and Herzegovina from a gender perspective. It examines issues of rail transport for women both as passengers, and as sector employees. It highlights the urgency of transport decarbonization for the Western Balkan countries (WB6) in the context of the European Union's Green Deal,2 which aims to achieve net zero greenhouse gas (GHG) emissions by 2050. This report shows that Covid-19 has decimated rail transport use at a time when global and WB6 regional efforts must dramatically increase their movement toward decarbonization. The study confirms that the pandemic has drawn people away from public transport including rail, and toward more carbon-intensive individual modes of transportation. It also makes a rarely made connection between getting more women into the transport sector and improved mobility for women. Rail services remain male-dominated across the world. The report finds clear parallels between women's employment and mobility. Finally, while this study focuses on women and rail transport, it has the benefit of making rail more attractive for other cohorts as well, including those who primarily use private vehicles (mainly men)
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 52
    Language: English
    Pages: 1 Online-Ressource (40 pages)
    Parallel Title: Erscheint auch als Foltz, Jeremy The Effects of Internally Displaced Peoples on Consumption and Inequality in Mali
    Keywords: Civil Conflict ; Communities and Human Settlements ; Conflict and Development ; Consumption ; Consumption Rate of Refugee Hosts ; Economic Mitigation of IDP ; Ethnic Inequality ; Host Country ; Human Migrations and Resettlements ; Inequality ; Internal Displacement ; Internally Displaced People Impact ; Macroeconomics and Economic Growth ; Post Conflict Reconstruction ; Poverty ; Temporary Displacement
    Abstract: A series of civil conflicts in Mali has generated more than 346,000 internally displaced people (UNHCR, 2020). This study estimates the effect of conflict-generated internal displacement on consumption, poverty, and inequality in host communities. Using comprehensive nationwide household survey data this study finds that wealth at the commune and household level is non-decreasing in IDP hosting communes relative to non-IDP host communes. This study also finds some partial evidence of increasing consumption at the household level although inequality and poverty at the commune level remain the same. The evidence suggests a fairly successful hosting and aid process in Mali for IDPs in terms of mitigating economic disruption for host communities
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 53
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Keywords: Conflict of Interest ; Corporate Data and Reporting ; Equity ; Governance ; Macroeconomics and Economic Growth ; Private Sector Development ; Public Sector Development ; Transparency
    Abstract: The world spent USD 11 trillion on public procurement in 2018, amounting to 12 percent of global GDP (Bosio and others 2022). Given these substantial volumes, public procurement can contribute to several objectives: savings, integrity, economic growth, inclusiveness, and sustainability. Procurement Data Analytics (PDA) can contribute to the achievement of these objectives. It refers to the use of data to generate actionable insights and evidence to monitor outcomes, inform the policy dialogue, guide reform efforts, and assess the impact of reforms and strategies in public procurement. Despite a growing academic literature and impact evaluations on public procurement, the existing body of evidence is still scarce and limited to a few countries. This impedes drawing generalizable lessons on optimal policies and strategies to achieve the multi-layered objectives of the public procurement function, therefore highlighting the need for a larger adoption of data analytics tools in this area. With the increasing adoption of electronic government procurement (eGP) systems and the corresponding digitization of transaction records, public procurement has enormous untapped potential for the application of data analytics tools. This paper highlights the successful approaches and good practices of previous PDA work and provide useful resources to World Bank teams with country engagements relating to public procurement. Possibly interesting to a broader audience, an analytical framework is also discussed to guide the application of data analytics tools in public procurement, data sources, the open government agenda, and data standards
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 54
    Language: English
    Pages: 1 Online-Ressource (43 pages)
    Parallel Title: Erscheint auch als Ashwin, Julian Qualitative Analysis at Scale: An Application to Aspirations in Cox's Bazaar, Bangladesh
    Keywords: Aspirations in Development Economics ; Inclusion ; Inequality ; Narrative Text Analysis ; Nationalities and Ethnic Groups ; Natural Language Processing ; Poverty Reduction ; Qualitative Data Analysis ; Quality of Life and Leisure ; Rohingya Refugee Interviews ; Social Analysis ; Social Development ; Social Inclusion and Institutions ; Voluntary and Involuntary Resettlement ; Well-Being Research
    Abstract: Qualitative work has found limited use in economics largely because it is difficult to analyze at scale due to the careful reading of text and human coding it requires. This paper presents a framework with which to extend a small set of hand-coding to a much larger set of documents using natural language processing and thus to analyze qualitative data at scale. The paper shows how to assess the robustness and reliability of this approach and demonstrates that it can allow the identification of meaningful patterns in the data that the original hand-coded sample is too small to identify. The approach is applied to data collected among Rohingya refugees and their Bangladeshi hosts in Cox's Bazaar, Bangladesh, to build on work in anthropology and philosophy that distinguishes between ambition-specific goals, aspiration-transforming values, and navigational capacity, which is the ability to achieve ambitions and aspirations. The findings demonstrate that these distinctions can have important policy implications
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 55
    Language: English
    Pages: 1 Online-Ressource (50 pages)
    Parallel Title: Erscheint auch als Nguyen, Trang V The Distributional Impact of Serbia's Taxes and Social Spending
    Keywords: Adverse Impact Mitigation ; Distributional Impact ; Fiscal and Monetary Policy ; Fiscal Policy ; Inequality ; Macroeconomics and Economic Growth ; Poverty Reduction ; Social Spending ; Taxation and Subsidies ; Taxes ; Transfers
    Abstract: In the context of economic recovery and structural reforms to boost Serbia's living standards, understanding the impact of fiscal policy on inequality and poverty is key to inform policy choices. This paper's key research question is to analyze the redistributive effect of fiscal policy on income distribution and poverty in Serbia. It advances on the previous literature by comprehensively assessing the individual and combined effects of taxes and social spending on both inequality and poverty in Serbia, using the Commitment to Equity Assessment approach. The findings suggest that Serbia's fiscal system is redistributive, reducing the Gini coefficient of income once taxes, transfers, and in-kind benefits in education and health are taken into account. However, the inequality-reducing impact of the fiscal system in Serbia is somewhat smaller than what is observed in other countries in Central and Eastern Europe and Latin America, where similar analysis has been applied. Moreover, and like in some other countries in Europe and Central Asia, the fiscal system increases poverty. Direct social transfers in Serbia are pro-poor and inequality reducing, but their impacts are not large enough to fully offset those of taxation since spending on these programs is small. This analysis of fiscal incidence in Serbia provides a useful basis for assessing the impacts of potential changes in taxes or benefits, which can inform options to mitigate short-term adverse impacts and build support for reforms
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 56
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (31 pages)
    Parallel Title: Erscheint auch als Chatruc, Marisol Rodriguez Discrimination toward Migrants during Crises
    Keywords: Altruism ; Attitudes ; Communities and Human Settlements ; Discrimination ; Facebook Survey Respondents ; Human Migrations and Resettlements ; Inequality ; Involuntary Resettlement Law ; Law and Development ; Mental Plasticity ; Migration ; Poverty Reduction ; Respondent Priming ; Social Analysis ; Voluntary and Involuntary Resettlement ; Young Adult Discrimination of Migrants
    Abstract: How do crises shape native attitudes towards migrants A common threat could pro-duce an empathy channel among natives, but the perception of competition for scarce economic resources could just as easily spark prejudice through a resentment channel. 3,400 Colombian citizens were surveyed and randomly primed to consider the economic consequences of COVID-19 before eliciting their attitudes towards Venezuelan migrants. The findings suggest that native attitudes towards migrants are substantially more suggestive of the resentment channel in the treatment group. However, respondents in the so-called impressionable years-ages 18 to 25-showed more altruism towards migrants after priming. Interestingly, both effects disappear in response to positive news
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 57
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Systematic Country Diagnostics
    Keywords: Access and Equity in Basic Education ; Economic Development ; Education ; Governance ; Human Capital ; Human Rights ; Indigenous Communities ; Inequality ; Law and Development ; Poverty Reduction
    Abstract: Colombia has long held great promise. The World Bank's 1950 report on Colombia, the institution's first ever study on a developing country, declared, "The potentialities for development in the future are great." The country boasts a vibrant culture, rich natural resources, and resilient people. Despite its great potential, the country's development has been disappointing. As recently as the early 1980s, Colombia's income per capita was similar to that of Chile, Malaysia, Poland, and the Republic of Korea (Figure 1). Subsequent growth in those countries has exceeded Colombia's, and the Republic of Korea is now four times richer in per capita terms than Colombia. Three interlocking long-run constraints have held Colombia back. The first is violence, which has claimed the lives of one million Colombians since 1948. The second is inequity rooted in the nation's history-the Currie Report highlighted 70 years ago that "a wide disparity in levels of income exists between a small wealthy group and the great mass of the population." The third is institutions that have favored the interests of an elite over inclusive growth
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 58
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Agriculture ; Covid-19 ; Energy ; Energy Finance ; Energy Sector Regulation ; Equity and Development ; Fertilizers ; Food Security ; Inequality ; Inflation ; Poverty Reduction
    Abstract: These remarks were delivered by World Bank Group President David Malpass to the 52nd Washington Conference on the Americas. He discusses: the Bank forecast that Latin America and the Caribbean will grow by only 2.3 percent in 2022. Energy, food, and fertilizer prices are rising at a pace not seen in many years, hitting the region's poor particularly hard. The commodity price boom will benefit natural resource exporters and government revenue. One key unfolding crisis is the rise of inflation in advanced economies. At the primary and secondary levels, the learning losses from the Coronavirus disease 2019 (COVID-19) lockdown policies need to be urgently addressed. As the leaders from the region gather for the Summit of the Americas in Los Angeles, it provides an opportunity to be strategic in addressing the challenges ahead
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 59
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Poverty Assessment
    Keywords: COVID-19 ; Inequality ; Poverty Assessment ; Poverty Diagnostics ; Poverty Reduction ; Social Development
    Abstract: Mongolia made notable strides in reducing poverty from 2010 to 2014, but the pace of poverty reduction slowed significantly after the 2016 economic recession. The trend of declining inequality and inclusive growth seen in the first half of the decade changed course in the latter half. Greater urbanization and narrowing geographical disparities in poverty have meant that the poor have become increasingly concentrated in urban centers, especially Ulaanbaatar. Economic volatility and uncertainty together with restrictions on face-to-face services may have led to an increase in precautionary saving among households, particularly during the Coronavirus disease 2019 (COVID-19) pandemic. An additional issue related to the measurement of consumption in 2020 specifically is the survey-to-survey imputation approach that was used to estimate poverty and the consumption distribution due to changes in the household socio-economic survey (HSES) questionnaire. Finally, despite significant increases, social transfers have had only modest success in reducing poverty due to targeting inefficiencies. The 2020 HSES shows that impacts to employment in 2020 were not significant until the final quarter, with workers in urban areas and in the service sector more likely to be affected. While subsequent surveys will provide a clearer picture of the longer-term impacts of the pandemic, signs of potentially lasting and unequalizing effects have emerged after 2020
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 60
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (47 pages)
    Parallel Title: Erscheint auch als Van Der Ploeg, Frederick Radical Climate Policies
    Keywords: Climate Change Impacts ; Climate Change Mitigation and Green House Gases ; Climate Change Policy and Regulation ; Climate Policy Interventions ; Emission Reduction ; Environment ; Learning by Doing ; Macroeconomics and Economic Growth ; Multiple Equilibria ; Peer Effects ; Political Economy ; Political Tipping Point ; Public Sector Development ; Radical Policies ; Social Aspects of Climate Change ; Social Tipping Point ; Strategic Complementarities ; Strategic Environmental Policy ; Transformative Environmental Policy
    Abstract: In the presence of strategic complementarities stemming from peer effects in demand or from technological spill-overs, propagation and amplification mechanisms increase the effectiveness of climate policies. This suggests that climate goals can be met with smaller policy interventions. However, if there are multiple equilibria, radical and more ambitious climate policies are needed to shift the economy from a high-emissions to a low-emissions path. Once the radical shift has taken place the transformative policies can be withdrawn. More generally, such policies can set in motion social, technological, and political tipping points. The rationale for such policies is strengthened due to key households, corporations and institutions being at the centre of networks, and thus radical climate policies should identify those agents and leverage them. The proposals offer a complementary perspective to scholars that have emphasised insights from the literature on early warning signals to advocate sensitive intervention points to get more effective and more transformative climate policies
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 61
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Environmental Analysis
    Keywords: Adaptation To Climate Change ; Climate Change ; Climate Change Policy and Regulation ; Environment ; Natural Resources ; Natural Resources Management ; Public Sector Development ; Tourism and Ecotourism
    Abstract: Madagascar remains one of the poorest countries in the world. The country has endured stubbornly high poverty rates and limited economic growth for decades. Madagascar sustained modest Gross domestic product (GDP) growth between 2013 and 2019, but by 2020, with the onset of the COVID-19 pandemic, the country's export revenue and private investment plummeted, triggering a GDP contraction of 7.2 percent. That economic deterioration resulted in an all-time high poverty rate of 80.7 percent in 2021. While the island nation struggles with economic poverty, Madagascar is rich in natural resources. With dense forests surrounded by almost 5,000 km of coastline, multiple economic sectors have the potential to grow and contribute to poverty reduction. Tapping into and investing in the development of Madagascar's natural resources offers the country a path toward sustainable economic development. To do so will require careful management to ensure these resources are not degraded or destroyed in the process. The Country Environmental Analysis (CEA) report assesses three areas that are key to promoting Green, Resilient, and Inclusive Development in Madagascar: sustainable landscape management, the Blue Economy, and nature-based tourism. Additionally, the CEA highlights the persistent and emerging environmental challenges confronting the country, from air pollution to waste management, and the need to manage these to ensure sustainable development
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 62
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (160 pages)
    Series Statement: Europe and Central Asia Economic Update
    Parallel Title: Erscheint auch als
    Keywords: Economic Forecasts ; Economic Impact ; Inequality ; Jobs ; Policy Recommendations ; Productivity ; Social Protection ; War Conflict
    Abstract: Globalization, demographic trends, the green transition, and technological innovations are transforming labor markets in Europe and Central Asia, altering their institutional and contractual arrangements, and creating disparities and vulnerabilities in the labor force. Systemic risks-economic, health, or climate-related-are also playing an increased role in driving poverty and vulnerability. Social protection systems in Europe and Central Asia will need to be reformed to address these challenges and provide adequate protection to workers and families. Countries in the region responded to the COVID-19 pandemic by implementing social protection packages with a substantial contribution of job protection policies. Analysis of the impact of these policies suggests that while job protection policies may have preserved employment in the short run, this may have come at the expense of efficiency and growth. In the long run, income protection policies may be better at addressing the needs of vulnerable groups as labor markets continue evolving. A policy package that combines a guaranteed minimum income with labor market policies that facilitate job transitions can best help countries address long-term challenges
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 63
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Keywords: Accountability ; Adaptation To Climate Change ; Climate Change ; Climate Change Economics ; Climate Change Impacts ; Climate Change Policy and Regulation ; Environment ; Macroeconomics and Economic Growth ; Open Government ; Public Sector Development ; Transparency
    Abstract: The world needs more urgent and ambitious action to address climate change. Seventy-one countries have pledged to reach net-zero emissions by midcentury. Nevertheless, achieving decarbonization and adapting to climate change will require fundamental changes in the production of goods and services by firms and the consumption patterns and behavior of citizens. Climate change poses difficult challenges for policy makers, and three particular challenges make the open government principles of transparency, participation, and accountability especially important. First, countries often face the political challenge of credibly committing to climate action over the long term, in that they must commit to action over multiple electoral cycles if the private sector, households, communities, and public entities are to adopt new technologies and change behavior. Second, climate change requires coordination between government and nongovernment actors, as there will be winners and losers along the way and governments will need to work toward consensus to balance the outcomes. Third, governments have to translate promises into climate action. The principles of open government can be especially useful in tackling all three challenges by harnessing and ensuring citizen trust in government and in the legitimacy of climate-directed policy decisions. This note will show how the use of open government principles and mechanisms can make a notable contribution to climate change action. It provides examples of such measures as well as an inventory of existing good practices and tools, which can serve as a source of inspiration for policy makers and citizens alike
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 64
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: COVID-19 ; Inequality ; Poverty ; Poverty and Policy ; Poverty Assessment ; Poverty Impact Evaluation ; Poverty Monitoring and Analysis ; Poverty Reduction
    Abstract: In the past three decades, the Philippines has made remarkable progress in reducing poverty. Driven by high growth rates and structural transformation, the poverty rate fell by two-thirds, from 49.2 percent in 1985 to 16.7 percent in 2018. By 2018, the middle class had expanded to nearly 12 million people and the economically secure population had risen to 44 million. This report is intended to inform public debate and policymaking on inequality in the Philippines. It synthesizes core findings from background analyses of the patterns of inequality and poverty and provides policy pointers. The analysis uses a wealth of data from a variety of sources (detailed in Appendix A). In what follows, section two discusses the poverty and inequality impacts of COVID-19. Section three analyzes what has been driving poverty and inequality over the past three decades. Section four discusses the structural causes of current inequality; and section five examines how they affect recovery patterns. The last section discusses how policy can promote equality and inclusive recovery
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 65
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Keywords: Adaptation To Climate Change ; Climate Change ; Climate Change Mitigation and Green House Gases ; Climate Change Policy and Regulation ; Environment ; Kyoto Protocol ; Public Sector Development
    Abstract: Carbon markets under the Paris Agreement are expected to differ substantially from those that emerged under the Kyoto Protocol. Unlike the top-down approach of markets created by the Kyoto Protocol, such as the Clean Development Mechanism (CDM), international carbon markets under Article 6 of the Paris Agreement are expected to have bottom-up linkages that could create an opportunity for new and innovative approaches. While the Kyoto Protocol only required Annex I (or developed) countries to meet specific climate targets, the Paris Agreement created a new paradigm for all countries, both developed and developing, to voluntarily adopt individual targets, articulated in their nationally determined contributions (NDCs). This means that a greater level of preparation is needed to ensure that traded assets are aligned with NDCs and accompanied by robust accounting. Ghana is one of early movers in the space. The Government has signed bilateral cooperation agreements with the Government of Switzerland and with the Swedish Energy Agency to develop projects under Article 6 and is preparing institutional arrangements and country processes for transacting Article 6 units
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 66
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Economic Modeling ; Inequality ; Inflation ; International Trade and Trade Rules ; Macroeconomics and Economic Growth ; Poverty Reduction
    Abstract: Turkey's economic performance has been a tale of two economies, overall high growth, matched by a deterioration in macro-financial conditions. Good progress in vaccination rollouts allowed Turkey to reopen gradually in 2021 despite a continued rise in Coronavirus (COVID-19) cases. Real economic activity remained strong, driven by strong broad-based export growth and domestic demand. Exports of goods reached record high levels in 2021 supported by buoyant external demand, improved price competitiveness and demand shifts to Turkey due to rising shipping costs. Turkey's GDP grew by 22 percent year-on-year in 2021Q2-the second highest among G-20 countries-and 7.4 percent in 2021Q3. Strong goods and services export performance helped current account deficit to narrow significantly. Robust economic activity led to strong revenue growth and supported fiscal balances. The labor market saw a good recovery in 2021 and employment levels surpassed pre-pandemic levels, supported by buoyant economic activity. The regional inequalities of the COVID-19 shock manifested in larger impacts for women from Eastern regions, widening pre-existing gender gaps. The authorities began to cut interest rates in September, by 500 basis points by the end of 2021, despite rising inflation and inflation expectations. This has exacerbated macro-financial conditions and impacted investor confidence - causing financial market turbulence, large deprecation of the Lira, higher inflation, and increased dollarization. The Lira has been the most depreciating currency among emerging market economies this year. The large depreciation of the Lira coupled with rising international prices caused inflation to increase to its highest rate since the August 2018 shock
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 67
    Language: English
    Pages: 1 Online-Ressource (24 pages)
    Parallel Title: Erscheint auch als Betti, Gianni New Algorithm to Estimate Inequality Measures in Cross-Survey Imputation: An Attempt to Correct the Underestimation of Extreme Values
    Keywords: Bias Reduction ; Household Survey ; Inequality ; Inequality Indicators ; Moroccan HBS ; Moroccan LFS ; Poverty and Inequality ; Poverty Assessment ; Poverty Estimation ; Poverty Indicators ; Poverty Map ; Poverty Monitoring and Analysis ; Poverty Reduction ; Poverty Statistics ; Poverty Trends ; Survey-To-Survey Imputation
    Abstract: This paper contributes to the debate on ways to improve the calculation of inequality measures in developing countries experiencing severe budget constraints. Linear regression-based survey-to-survey imputation techniques are most frequently discussed in the literature. These are effective at estimating predictions of poverty indicators but are much less accurate with inequality indicators. To demonstrate this limited accuracy, the first part of the paper discusses several simulations using Moroccan Household Budget Surveys and Labor Force Surveys. The paper proposes a method for overcoming these limitations based on an algorithm that minimizes the sum of the squared difference between a certain number of direct estimates of an index and its empirical version obtained from the predicted values. Indeed, when comparing the estimated results with those directly estimated from the original sample, the bias is negligible. Furthermore, the inequality indices for the years for which there are only model estimates, rather than direct information on expenditures, seem to be consistent with Moroccan economic trends
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 68
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Partnership for Market Readiness Technical Papers
    Keywords: Air Quality and Clean Air ; Carbon Policy and Trading ; Climate Change ; Climate Change Economics ; Climate Change Mitigation and Green House Gases ; Climate Change Policy and Regulation ; Energy Policy ; Environment ; Global Warming ; Macroeconomics and Economic Growth ; Public Sector Development
    Abstract: Emissions trading continues to expand as a flexible policy response to climate change. Its implementation raises complex governance challenges, however, and calls for robust institutional, regulatory and procedural frameworks. Unlike aspects of technical design and implementation, the governance of emissions trading systems (ETSs) has found less extensive treatment in the available knowledge base. However, existing systems offer valuable insights into the successful governance of emissions trading from the initial establishment and routine operation of an ETS to the review of its performance and the management of change. This report draws on such experiences to provide guidance on the governance of an ETS across all stages of its evolution
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 69
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Adaptation to Climate Change ; Climate Change Economics ; Climate Change Policy and Regulation ; Environment ; Finance and Financial Sector Development ; Foreign Direct Investment ; Infrastructure ; Infrastructure Investment ; Macroeconomics and Economic Growth ; Public and Municipal Finance ; Public Sector Development ; Public-Private Partnerships
    Abstract: The time for action to build a better future and green recovery has never been stronger as we navigate the uncertainty of a world attempting to manage its way out of a triple crisis: debt sustainability, climate change, and pandemic. The fiscal constraints of governments across the globe open the door to new opportunities and challenges to crowd in private sector solutions, innovation, and finance to create new solutions and pathways to meet Paris Agreement goals on climate change. Participation of the private sector in climate-smart investments and infrastructure is critical and public-private partnerships (PPPs) are among the key solutions. PPPs are critical because the public sector alone will not be able to fill in the infrastructure gap without mobilizing private sector expertise, innovative thinking, investment capacity, and finance. PPPs can be a challenge though, because climate change creates uncertainty and it is hard to play with uncertain moving pieces within the framework of PPPs, which require a certain degree of predictability to attract investment and finance. This toolkit aims to address this precise challenge by embedding a climate lens and approach into upstream PPP advisory work and structuring. If structured correctly, PPPs can increase climate resilience offering innovative solutions to address both mitigation and adaptation challenges. PPPs are able to provide well-informed and well-balanced risk allocation between partners offering long-term visibility and stability for the duration of a contract (often 25 or 30 years, sometimes even more), compensating climate change uncertainty through contractual predictability
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 70
    Language: English
    Pages: 1 Online-Ressource (39 pages)
    Parallel Title: Erscheint auch als Saavedra, Trinidad Intimate Partner Violence against Women: Prevalence, Formal Reporting, and Risk Factors in Chile
    Keywords: Child Sexual Abuse ; Crime Under-Reporting ; Discrete Choice Modeling ; Economic Exclusion Of Women ; Equity and Development ; Gender ; Gender and Health ; Gender Inequality ; Gender-Based Violence ; Human Rights ; Inequality ; Law and Development ; Physical Abuse Of Girls ; Poverty Reduction ; Reporting Crimes Aginst Women ; Risk Factors Of Violence Against Women ; Risk Of Partner Violence
    Abstract: Intimate partner violence is among the most common forms of violence against women. In Chile, one in four women who have been in a partner relationship report having experienced some type of partner violence in the past 12 months, whether psychological, physical, sexual, or economic. However, only 22 percent of female victims of intimate partner violence file a formal complaint. This study analyzes the factors that determine the likelihood that a woman will be subject to violence perpetrated by her partner or ex-partner and the factors that determine the probability of reporting the abuse. Individual factors that increase women's risk of experiencing intimate partner violence include being young, having fewer years of education, having a disability, and having been a victim of sexual abuse in childhood. Other factors include characteristics of partners or ex-partners associated with aggressive behavior in public spaces, having been a victim of intrafamily violence in childhood, and frequent alcohol consumption. The household dynamics that prevent women from participating in economic decision-making and the widespread acceptance of inequitable gender norms also significantly increase the risk that a woman will experience intimate partner violence. The likelihood that a woman will formally report intimate partner violence is mainly determined by the frequency of the episodes, characteristics of the partners or ex-partners, economic empowerment, and whether she has support networks
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 71
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (118 pages)
    Series Statement: Europe and Central Asia Economic Update
    Parallel Title: Erscheint auch als
    Keywords: Economic Forecasts ; Economic Impact ; Food Insecurity ; Inequality ; Poverty ; War ; War Conflict
    Abstract: In February 2022, the world was shocked by the Russian Federation's invasion of Ukraine. The war is having a devastating impact on human life and causing economic destruction in both countries, and will lead to significant economic losses in the Europe and Central Asia (ECA) region and the rest of the world. It comes at a particularly vulnerable time for ECA as its economic recovery was expected to be held back by scarring from the pandemic and lingering structural weaknesses. The economic impact of the conflict has reverberated through multiple channels, including commodity and financial markets, trade and migration links, and the damaging impact on confidence. Moreover, the war has added to mounting concerns about a sharp global slowdown, surging inflation and debt, and a spike in poverty levels. Neighboring ECA countries are likely to suffer considerable economic damage because of their strong trade, financial, and migration links with Russia and Ukraine. The war is also causing a destabilizing wave of refugees, financial stresses in vulnerable countries, runaway inflation expectations, and food insecurity. A protracted conflict could further heighten policy uncertainty and fragment critical trade and investment networks
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 72
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Systematic Country Diagnostics
    Keywords: Energy ; Energy Demand ; Fiscal and Monetary Policy ; Inequality ; Macroeconomics and Economic Growth ; Poverty Diagnostics ; Poverty Reduction
    Abstract: This Systematic Country Diagnostic (SCD) examines the current constraints and policy priorities for Kosovo to achieve the Twin Goals of eradicating poverty and accelerating shared prosperity. This report follows on the first SCD, completed in 2017, which highlighted fiscal policy, competitiveness, inclusion, and environmental sustainability as priorities for sustainable poverty reduction and shared prosperity. Today, many challenges identified in the 2017 SCD continue to hamper Kosovo's progress and several structural weaknesses could worsen due to the pandemic, climate change, and the energy transition. In this sense, this SCD is conducted as an 'update,' as it largely maintains the conceptual framework in the previous SCD, describes how the structural conditions identified in it have evolved, and proposes a revised set of development priorities for the next five years. Today, many challenges identified in the 2017 SCD continue to hamper Kosovo's progress and several structural weaknesses could worsen due to the pandemic, climate change, and the energy transition. In this sense, this SCD is conducted as an 'update,' as it largely maintains the conceptual framework in the previous SCD, describes how the structural conditions identified in it have evolved, and proposes a revised set of development priorities for the next five years
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 73
    Language: English
    Pages: 1 Online-Ressource (30 pages)
    Parallel Title: Erscheint auch als Cuesta, Jose Social Sustainability, Poverty, and Income: An Empirical Exploration
    Keywords: Empirics ; Inequality ; Process Legitimacy ; Resilience ; Social Analysis ; Social Cohesion ; Social Development ; Social Inclusion ; Social Policy Data ; Social Sustainability Global Database ; Social Sustainability Indictors ; Social Sustainability Measurement
    Abstract: Social sustainability is often poorly understood and vaguely defined, despite growing appreciation of its relevance as a concept. This paper advances the empirical understanding of social sustainability by constructing a global database of 71 indicators across 193 countries and 37 territories between 2016 and 2020. The indicators are flexibly clustered around four dimensions-social inclusion, resilience, social cohesion, and process legitimacy-for which measurement indices are constructed. A simple empirical analysis using the database confirms that social sustainability is positively and strongly associated with per capita income, negatively and strongly associated with poverty, and negatively but weakly associated with income inequality. Much remains to be analyzed to understand the interactions between dimensions, but the results underscore that social sustainability matters not only in itself, but also to reduce poverty. Furthermore, extending access to markets, basic public services, and social assistance needs to be complemented with strengthening process legitimacy and social cohesion if inequality is to be reduced
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 74
    Language: English
    Pages: 1 Online-Ressource (37 pages)
    Parallel Title: Erscheint auch als Tabakis, Chrysostomos The Welfare Implications of COVID-19 for Fragile and Conflict-Affected Areas
    Keywords: Access and Equity in Basic Education ; Access of Poor To Social Services ; Agriculture ; Conflict ; Covid In Conflict-Affected Households ; COVID-19 Restriction Social Impact ; Education ; Food and Nutrition Policy ; Food Insecurity ; Food Security ; Fragility ; Health, Nutrition and Population ; Household Welfare ; Inequality ; Pandemic Social Impact ; Violence
    Abstract: Understanding the impacts of the COVID-19 pandemic on households' welfare in areas at the admin-1 level subject to fragility, conflict, and violence is important to inform programs and policies in this context. Harmonized data from high-frequency phone surveys indicate that, at the onset of the pandemic, a higher fraction of households in areas affected by fragility, conflict, and violence reported income declines and a higher fraction of respondents reported that they had stopped working since the beginning of the crisis. Households in areas affected by fragility, conflict, and violence were far less likely to report receiving government assistance than those in other areas. These findings suggest that the initial effects of the pandemic exacerbated preexisting economic gaps between areas affected by fragility, conflict, and violence and other areas, indicating that an even larger effort will be necessary in areas affected by fragility, conflict, and violence to recover from COVID-19, with implications for funding needs and policy as well as program design
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 75
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Systematic Country Diagnostics
    Keywords: Health Care Services Industry ; Industry ; Inequality ; Poverty Reduction ; Sustainable Development Goals
    Abstract: This Systematic Country Diagnostic (SCD) updates the analytical work of the 2017 SCD in the light of new evidence. In 2017, the World Bank Group (WBG) published the first SCD for the Lao PDR, which comprehensively assessed the binding constraints to economic growth, inclusion, and sustainability. This SCD uses recent evidence to describe developments since 2017, revisit the previous pathways and priorities for achieving the twin goals of ending extreme poverty and boosting shared prosperity, and update knowledge and data gaps. It identifies the most pressing development challenges supported by new data and analytical work and emerging opportunities.Recent evidence suggests that poverty has been reduced but income inequality is increasing. The economy continued to grow strongly between 2017 and 2019 at an average of 6.2 percent per year, albeit at a slower pace than in the preceding three years. Economic growth declined dramatically to 0.5 percent in 2020 owing to the COVID-19 pandemic. The national poverty rate fell from 24.6 percent in 2012 to 18.3 percent in 2018. The standard of living has also improved, with notable gains in access to basic services, education, and health outcomes. However, poverty remains high compared to regional peers and is concentrated among subsistence farmers and minority ethno-linguistic groups. Inequality continues to rise as rapid growth has been jobless. The Gini index increased from 36.0 to 38.8 between 2012 and 2018, and the shared prosperity premium was negative (consumption per capita among the bottom 40 percent grew by 1.9 percent per year compared to 3.3 percent for the total population)
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 76
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Energy-Environment Review
    Keywords: Adaptation To Climate Change ; Climate Change ; Climate Change Economics ; Climate Change Impacts ; Climate Change Policy and Regulation ; Environment ; Macroeconomics and Economic Growth ; Public Sector Development
    Abstract: Integrating climate and development is a pillar of the World Bank Group's Climate Change Action Plan 2021-25. To advance its implementation, the Bank Group has launched a new, core diagnostic tool: the Country Climate and Development Report, a new, core diagnostic tool that analyzes how a country's development goals can be achieved in the context of adapting to and mitigating against climate change. These reports will reflect the country's climate commitments and identify ways to support their implementation through public and private sector solutions. They will capture the centrality of people in policies on climate change adaptation and mitigation, assessing how climate risks affect people, and ways in which governments can build resilience and address poverty, distributional and job impact of climate change and climate action. The Turkiye Country Climate and Development Report explores how climate action, in line with the country's mitigation goal of achieving net zero emissions by 2053 as well as its adaptation and resilience needs, interact with its growth and development path and contribute to achieving the country's development objectives, help seize opportunities offered by green technologies, protect the economy against longer-term risks such as large-scale disasters or carbon lock-in as the world transitions towards zero-carbon technologies, and support a just and inclusive transition for all
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 77
    Language: English
    Pages: 1 Online-Ressource (37 pages)
    Parallel Title: Erscheint auch als Ambel, Alemayehu A A Gendered Fiscal Incidence Analysis for Ethiopia: Evidence from Individual-Level Data
    Keywords: Commitment To Equity Methodology ; Direct Tax ; Education Transfer ; Fiscal Incidence Analysis ; Gender ; Gender and Poverty ; Gender and Public Expenditures ; Gender Equality ; Gendered Effect of Taxes ; Health Services Transfer ; Indirect Tax ; Inequality ; Macroeconomics and Economic Growth ; Poverty Reduction ; Services and Transfers to Poor ; Social Protection Transfer ; Taxation and Subsidies ; Welfare Impact
    Abstract: Using the Commitment to Equity methodology, this study investigates differences in the welfare impact of taxes and government spending on men and women in Ethiopia. It analyzes the incidence, progressivity, and pro-poorness of various taxes and transfers and their effects on income mobility, poverty, and inequality using individual-level data from the 2018/19 Ethiopia Socioeconomic Survey. The results show that the fiscal system as a whole is progressive, equalizing, and poverty-reducing. It moved about one in five individuals from one income group to another, and more women than men transitioned to a higher income group, making them relatively better off. However, some of its elements have differential effects on gender equality. Direct and indirect taxes have differential inequality-reducing and poverty-increasing effects for men and women. The inequality-reducing effects are stronger for men, whereas the poverty-increasing effects of some of them, including informal taxes and value-added taxes, are higher for women. On the transfer side, direct social protection transfers and indirect transfers, mainly spending on primary education and health services, promote gender equality better than other types of government spending
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 78
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Poverty Assessment
    Keywords: Conflict and Development ; Covid-19 ; Inequality ; Mental Health ; Poverty Impact Evaluation ; Poverty Monitoring and Analysis ; Poverty Reduction
    Abstract: This poverty synthesis notes documents Myanmar's poverty reduction progress leading to the COVID-19 crisis, and setback to these gains brought about by the COVID-19 pandemic and coup. The note aims to extract lessons from the Myanmar Poverty Assessment and the World Bank High-Frequency Phone Surveys. Analysis of welfare trends and drivers of poverty changes draws from the Poverty Assessment and covers the period 2005-2017, in line with existing national household surveys. Analysis of COVID-19 and 2021 military coup effects relies on the World Bank High-Frequency Phone Surveys (HFPS) conducted between March 2020 and February 2022. Starting May 2020, seven rounds of the phone survey data have been collected, each with national coverage consisting of a sample of 1,500 households, with the exception of the sixth round. Six survey cover the period May 2020-January 2021 during the pandemic and prior to the military coup, and one covers February 2022, one year after the military takeover on 1 February 2021. Annex one and Annex two provides more details of the survey implementation and respondent profile
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 79
    Language: English
    Pages: 1 Online-Ressource (40 pages)
    Parallel Title: Erscheint auch als Contreras-Gonzalez, Ivette Inequalities in Job Loss and Income Loss in Sub-Saharan Africa during the COVID-19 Crisis
    Keywords: Coronavirus (COVID-19) ; COVID-19 Impact ; Economic Shock ; Employment and Unemployment ; Gender and Employment ; Gender and Poverty ; Gender and Social Policy ; Household Survey Data ; Inequality ; Inequaliy ; Job Loss ; Job Loss by Age ; Jobs ; Labor Markets ; Poverty Reduction ; Social Protections and Labor ; Vulnerability to Poverty ; Gender
    Abstract: This paper uses high-frequency phone survey data from Ethiopia, Malawi, Nigeria, and Uganda to analyze the impacts of the COVID-19 crisis on work (including wage employment, self-employment, and farm work) and income, as well as heterogeneity by gender, family composition, education, age, pre-COVID19 industry of work, and between the rural and urban sectors. The paper links phone survey data collected throughout the pandemic to pre-COVID-19 face-to-face survey data to track the employment of respondents who were working before the pandemic and analyze individual-level indicators of job loss and re-employment. Finally, it analyzes both immediate impacts, during the first few months of the pandemic, as well as longer run impacts through February/March 2021. The findings show that in the early phase of the pandemic, women, young, and urban workers were significantly more likely to lose their jobs. A year after the onset of the pandemic, these inequalities disappeared and education became the main predictor of joblessness. The analysis finds significant rural/urban, age, and education gradients in household-level income loss. Households with income from nonfarm enterprises were the most likely to report income loss, in the short run as well as the longer run
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 80
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Keywords: Inequality ; Poverty ; Poverty Assessment ; Poverty Diagnostics ; Poverty Monitoring and Analysis ; Poverty Reduction
    Abstract: The September 2022 update to the Poverty and Inequality Platform (PIP) involves two changes to the data underlying the global poverty estimates. First, this update adopts the 2017 Purchasing Power Parities (PPPs) as announced by the World Bank in May 2022. Second, this update includes five new rounds of survey data for India, making it possible to monitor poverty in the country between 2015 and 2019. This document explains these changes in detail and the reasoning behind them
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 81
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Environmental Analysis
    Keywords: Adaptation To Climate Change ; Agriculture ; Air Pollution ; Climate Change ; Climate Change Economics ; Climate Change Impacts ; Climate Change Policy and Regulation ; Environment ; Forests ; Macroeconomics and Economic Growth ; Public Sector Development
    Abstract: This Country Climate and Development Report (CCDR) identifies ways that Nepal can achieve its overall development objectives while fostering its strategic ambition to transition to a greener, more resilient, and inclusive development pathway. This report is organized as follows: Chapter 1 captures the current situation in the country with respect to climate impacts and risks, emission sources, and opportunities for integrated climate change adaptation and mitigation. Chapter 2 describes the government's response, through sectoral and economywide commitments, laws, and regulations. Chapter 3 assesses the impacts of climate change on the macroeconomy and road transport systems, given their critical role to connectivity. It also analyzes the links between climate change and air pollution, poverty, health, social inclusion, and community resilience. Chapter 4 presents pathways to transition to resilience, looking at integrated management of landscape systems comprising water, agriculture, and forests as well as strengthening climate and disaster risk management governance. Chapter 5 analyzes pathways to transition to decarbonization, primarily the potential for hydropower expansion domestically and in the region. It also looks at transport and urban opportunities to reduce emissions while enhancing resilience and adaptation co-benefits. Chapter 6 discusses how to scale up financing for resilience, hydropower, and other opportunities, given the limitations of the country's fiscal space. Chapter 7 presents a prioritization framework for the most transformational climate action with seven 'policy packages'-one for each priority transition and each key enabler-that contain specific recommendations for how to move from analysis to action
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 82
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Keywords: Coronavirus ; COVID-19 ; Equity and Development ; Inequality ; Poverty ; Poverty Monitoring and Analysis ; Poverty Reduction ; Services and Transfers to Poor ; Social Protections and Labor
    Abstract: The Continuous National Household Sample Survey (PNADC in Portuguese) is the main source of information for poverty monitoring in Brazil. The PNADC 2020 annual release was published in November 2021. The 2020 survey underwent methodological changes compared to earlier years. Most changes do not affect comparability with previous years. However, there is evidence of significant under-coverage of the "Auxilio Emergencial" (AE) program. While administrative records indicate over 68 million AE recipients, only about 20 million are observed in the survey. This paper describes an approach to impute AE beneficiary status as a way to complement the observed AE status as reported in the survey and to better capture the evolution of income and poverty in Brazil during COVID-19. Incorporating eligibility criteria from the AE (demographic, employment, and income), the method results in 42.2 million AE recipients in the survey - leading to a more reasonable undercoverage rate. Sensitivity analyses find similar results. The adjustments described in this paper are included in the World Bank's poverty and inequality estimates for Brazil 2020 (published in April 2022). The poverty estimates in 2020 are 13.1 percent at the USD 5.50 poverty line and 1.7 percent at the USD 1.90 line. The Gini coefficient is estimated at 0.488
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 83
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Keywords: Access To Finance ; Agricultural Sector Economics ; Agriculture ; Finance and Financial Sector Development ; Public Sector Development
    Abstract: The World Bank and FAO teamed up with the Government of Tanzania to produce the country's first agricultural public expenditure review (PER) since the launch of the country's second agriculture sector development program (ASDP II). After outlining the role and performance of the sector (crop, livestock, fisheries, and forestry) in Tanzania and its main policy frameworks, this report uses historical data from 2017 to 2022 to review the level and composition of public expenditure. It then analyzes its allocative efficiency, effectiveness and alignment with the Government's strategic sectoral goals as defined in Tanzania Vision 2025 and the ASDP II. To do so, it combines a price incentive analysis on key value chains, thematic deep dives on strategic areas for the government (irrigation, agricultural knowledge system, seed system, climate change adaptation), and a coherence analysis. The report unveils that agricultural public budget mostly targets public goods in Tanzania, but at a level too critically low for these to materialize and support sustainable productivity growth and job creation. Detailed actionable recommendations are proposed for the government to improve spending on the agricultural sector to leverage further its growth potential
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 84
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Systematic Country Diagnostics
    Keywords: Employment ; Gender ; Human Capital ; Inequality ; Knowledge Gaps ; Poverty Reduction
    Abstract: Chad remains among the least developed countries in the world; its GDP per capita has contracted since 2015, preventing the country from reducing poverty and from improving development outcomes. Progress on reducing poverty has stalled, and the number of extreme poor has increased, with both trends exacerbated by the COVID-19 pandemic. Boosting Shared Prosperity in Chad is an update of the 2015 Systematic Country Diagnostic (SCD); this update confirms that economic growth and poverty reduction continue to be hindered by the same constraints that were previously identified: weak human capital and a slow demographic transition, low productivity, low incomes from economic activity in rural areas, insufficient and volatile infrastructure investments, high gender inequality, and weak public administration services. This SCD update adds three more constraints: insecurity and conflict, inadequate macroeconomic management of economic shocks, and vulnerability to climate change, all of which increasingly undermine progress. Boosting Shared Prosperity in Chad argues that the success of reform efforts will depend on the country's ability to address the drivers of fragility, conflict, and violence; adapt to climate change; promote an adequate macrofiscal framework; and create a business-friendly regulatory environment. Pathways to accelerate poverty reduction focus on strengthening human capital, improving infrastructure, and developing sectors with strategic advantages
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 85
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Environmental Analysis
    Keywords: Adaptation ; Adaptation To Climate Change ; Climate Change ; Climate Change Economics ; Climate Change Mitigation and Green House Gases ; Climate Change Policy and Regulation ; Environment ; Macroeconomics and Economic Growth ; Public Sector Development ; Resilience ; Social Aspects of Climate Change ; Social Development
    Abstract: The Peru Country Climate and Development Report (CCDR) provides analysis and recommendations on integrating the country's efforts to achieve economic development with the pursuit of emission reduction and climate resilience. The CCDR explores opportunities and trade-offs for aligning Peru's development path with its recent commitments on climate change. Peru is highly vulnerable to climate change and needs urgent adaptation action. Peru can benefit from decarbonization policies, thanks to its mining, forestry and agriculture, and renewable energy resources. Peru has many opportunities to develop and implement comprehensive climate policies that also increase productivity and reduce poverty. A low-carbon, resilient development for Peru would require substantial institutional reforms, in addition to public and private investments
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 86
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Environmental Analysis
    Parallel Title: Erscheint auch als Iraq country climate and development report
    Keywords: Umweltschaden ; Klimaänderung ; Auswirkung ; Wirtschaft ; Energiewirtschaft ; Kohlendioxid ; Emissionsverringerung ; Wasserreserve ; Landwirtschaft ; Klimaschutz ; Anpassung ; Strategie ; Entwicklungsmodell ; Resilienz ; Finanzierung ; Adaptation ; Adaptation To Climate Change ; Climate Change ; Climate Change Economics ; Climate Change Mitigation and Green House Gases ; Climate Change Policy and Regulation ; Environment ; Macroeconomics and Economic Growth ; Public Sector Development ; Resilience ; Social Aspects of Climate Change ; Social Development ; Irak ; Green Growth ; Low-carbon ; Energy Transition
    Abstract: The Iraq Country Climate and Development Report (CCDR) is a core WBG analytical product. The report focuses on specific analytical components that are critical to addressing Iraq's most pressing development needs and climate challenges simultaneously. The Iraq CCDR advocates for energy transition as a lever to address Iraq's deep energy sector's inefficiencies and cope with the vulnerabilities of the water-agriculture-poverty nexus. The Iraq CCDR presents a set of prioritized and sequenced policy recommendations, which aim to accelerate Iraq's green, resilient and inclusive development
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 87
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Systematic Country Diagnostics
    Keywords: Disability ; Education ; Educational Sciences ; Inequality ; Job Creation ; Labor Markets ; Poverty Reduction ; Social Protections and Labor ; State-Owned Banks ; Total Factor Productivity
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 88
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Economic and Sector Work Reports
    Keywords: Environment ; Health Care Services Industry ; Natural Disasters ; Public Sector Development
    Abstract: This report provides a selected analysis of Vanuatu's economy and public finances, emphasizing the lens of disaster resilience. It draws upon the analysis and tools from two core World Bank diagnostic products, the Country Economic Memorandum (CEM) and Public Expenditure Review (PER) while bringing the depth and breadth of the analysis to scale with country context and key constraints. In terms of the economic analysis, the report first examines the country's recent economic performance, followed by an analysis of the agriculture sector, labor mobility, and the tourism sector. In terms of public expenditure analysis, the report first discusses overall fiscal trends and prospects, after which the overarching Public Financial Management (PFM) framework is analyzed. The report concludes with an analysis of public spending in the education and health sectors
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 89
    Language: English
    Pages: 1 Online-Ressource (44 pages)
    Parallel Title: Erscheint auch als Kovac, Dejan Forced Displacement, Exposure to Conflict and Long-Run Education and Income Inequality: Evidence from Croatia and Bosnia and Herzegovina
    Keywords: Access and Equity in Basic Education ; Conflict ; Education ; Education Inequality ; Educational Outcome Of Displaced Persons ; Equity and Development ; Forced Displacement ; Income ; Income Inequality ; Inequality ; Internally Displaced Persons (IDP) ; Macroeconomics and Economic Growth ; Poverty Reduction ; Refugee Inclusion ; Refugees ; Social Integration
    Abstract: This paper investigates the long-term relationship between conflict-related migration and individual socioeconomic inequality. Looking at the post-conflict environments of Bosnia and Herzegovina (BiH) and Croatia, the two former Yugoslav states most heavily impacted by the conflicts of the early 1990s, the paper focuses on differences in educational performance and income between four groups: migrants, internally displaced persons, refugees, and those who did not move two decades after the conflicts. For BiH, the analysis leverages a municipality-representative survey (n = 6, 021) that captured self-reported education and income outcomes as well as migration histories. For Croatia, outcomes are measured using an anonymized education registry that captured outcomes for over half a million individuals over time. This allows an assessment of convergence between different categories of migrants. In both countries, individuals with greater exposure to conflict had systematically worse educational performance. External migrants now living in BiH have better educational and economic outcomes than those who did not migrate, but these advantages are smaller for individuals who were forced to move. In Croatia, those who moved during the conflict have worse educational outcomes, but there is a steady convergence between refugees and non-migrants. This research suggests that policies intended to address migration-related discrepancies should be targeted on the basis of individual and family experiences caused by conflict
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 90
    Language: English
    Pages: 1 Online-Ressource (77 pages)
    Parallel Title: Erscheint auch als Goldstein, Markus Childcare, COVID-19 and Female Firm Exit: Impact of COVID-19 School Closure Policies on Global Gender Gaps in Business Outcomes
    Keywords: Businss Outcome Gender Gaps ; COVID-19 Job Loss ; COVID-19 School Closures ; Economic Growth ; Employment Inequity ; Entrepreneurship ; Female Entrepreneurship ; Firm Performance ; Gender ; Gender and Health ; Gender Monitoring and Evaluation ; Health, Nutrition and Population ; Inequality ; Labor Markets ; Mother's Employment ; Poverty Reduction ; Unpaid Domestic and Care Work ; Wage Gap
    Abstract: This paper estimates the impact of a large negative childcare shock on gender gaps in entrepreneurship using the shock created by national COVID-19 school closure policies. The paper leverages a unique data set of monthly enterprise data collected from a repeated cross-section of business owners across 50 countries via Facebook throughout 2020 and in 2021. The paper shows that, globally, female-led firms were, on average, 4 percentage points more likely to close their business and experienced larger revenue declines than male-led firms during the COVID-19 pandemic in 2020 (male firms closed at a rate of 17 percent in 2020, and 12 percent in 2021). The gender gap in firm closures persisted into 2021. The closing of schools, a key part of the care infrastructure, led to higher business closures, and women with children were more likely to close their business in response to a school closure policy than men with children. Female entrepreneurs were found to take on a greater share of the increase in the domestic and care work burden than male entrepreneurs. Finally, the paper finds that women entrepreneurs in societies with more conservative norms with respect to gender equality were significantly more likely to close their business and increase the time spent on domestic and care responsibilities in response to a school closure policy, relative to women in more liberal societies. The paper provides global evidence of a motherhood penalty and childcare constraint to help explain gender inequalities in an entrepreneurship context
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 91
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Systematic Country Diagnostics
    Keywords: Crime and Society ; Economic Adjustment and Lending ; Equity and Development ; Inequality ; Macroeconomics ; Macroeconomics and Economic Growth ; Poverty Reduction ; Pro-Poor Growth ; Public Sector Development ; Social Development
    Abstract: The 2015 Systematic Country Diagnostic (SCD) concluded that El Salvador was "trapped" in vicious cycles of low poverty reduction and growth and argued for a "big push" in six priority areas. Three mutually reinforcing cycles hampered growth and shared prosperity: (i) low growth and violence, (ii) low growth and migration, and (iii) low growth, savings, and investments. The SCD concluded that a big reform push in six priority areas was needed to break these cycles. Despite progress in some of these areas, previous governments have not built consensus for the "big push" of simultaneous reforms to break the cycles. This SCD Update (the Update) builds on the SCD as follows: (i) updating the country context and assessing progress in poverty and growth, (ii) broadening the analysis to include a vulnerability lens, and (iii) rerunning the prioritization framework to confirm or update priorities
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 92
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Systematic Country Diagnostics
    Keywords: Climate Change and Environment ; Climate Change and Health ; Education ; Educational Sciences ; Environment ; Gender ; Inequality ; Poverty Reduction ; Science and Technology Development ; Science of Climate Change
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 93
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Keywords: Access and Equity in Basic Education ; Access of Poor to Social Services ; Access To Education ; Access to Finance ; Access to Markets ; Education ; Finance and Financial Sector Development ; Inequality ; Poverty Reduction
    Abstract: The Southern African Customs Union (SACU) is the most unequal region in the world. While there has been some progress in recent years, inequality has remained almost stagnant in the most unequal countries. Using an innovative framework, this report provides a systematic and comprehensive analysis of inequality in the region. The main conclusions are as follows: first, inherited circumstances over which an individual has little or no control (i.e., inequality of opportunity) drive overall inequality, and their contribution has increased in recent years. This is an important concern particularly because this type of inequality is not the result of people's efforts. Second, lack of access to jobs and means of production (education, skills, land, among others) by disadvantaged populations slows progress towards a more equitable income distribution. In a context where jobs are scarce, having post-secondary or tertiary education is key to both accessing jobs, and obtaining better wages once employed. Third, fiscal policy helps reduce inequality through the use of targeted transfers, social spending, and progressive taxation, but results are below expectation given the level of spending. Fourth, vulnerability to climate risks and economic shocks makes any gains towards a more equal society fragile. Looking ahead, accelerating inequality reduction will require concerted action in three policy areas: (a) expanding coverage and quality of education, health, and basic services across subregions and disadvantaged populations to reduce inequality of opportunity; (b) strengthening access to and availability of private sector jobs. It is important to accompany structural reforms with measures that facilitate entrepreneurship and skills acquisition of disadvantaged populations, and to improve land distribution and productivity in rural areas; and (c) investing in adaptive social protection systems to increase resilience to climate risks and economic vulnerability, while enhancing targeting of safety net programs for more efficient use of fiscal resources
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 94
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Adaptation To Climate Change ; Climate Change ; Climate Change Economics ; Climate Change Impacts ; Climate Change Policy and Regulation ; Environment ; Macroeconomics and Economic Growth ; Public Sector Development
    Abstract: The five countries of Burkina Faso, Chad, Mali, Mauritania, and Niger (the G5) in the Sahel region of Africa are among the least developed countries in the world. The now regular and growing climate shocks are causing large losses in outputs, reducing human capital accumulation, and leading to potentially devastating ecological and economic tipping points in the region. This World Bank country climate development report (CCDR) has examined the most critical actions and policy changes needed to accelerate the region's economic recovery, sustainable and inclusive development, and adaptation to the impacts of climate change. This report has three main messages. First, the opportunities for a resilient and lower-carbon development of the G5 countries are significant. They can reverse environmental degradation and maximize the benefits of climate action for the poor. Second, rapid, resilient, and inclusive growth is both the best form of adaptation to climate change and the best strategy for meeting development goals in an effective, sustainable, and productive manner. Third, the costs of inaction are far greater than the costs of action. Early and targeted action on policies and programs presented in this report can move the G5 Sahel countries towards a greener, more resilient, prosperous, and inclusive future
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 95
    Language: English
    Pages: 1 Online-Ressource (26 pages)
    Parallel Title: Erscheint auch als Park, Hogeun Geography, Institutions, and Global Cropland Dynamics
    Keywords: Land Governance ; Agriculture ; Agriculture and Farming Systems ; Communities and Human Settlements ; Crops and Crop Management Systems ; Inequality ; Land ; Land Administration ; Rural Development ; Rural Land Policies for Poverty Reduction
    Abstract: The paper studies the dynamics of agricultural land use at the global scale as measured from space using satellite imagery between 2003 and 2018. It shows large global movements in and out of cropland and correlates these movements with biophysical, economic, and institutional variables. The empirical identification of these effects relies on a two-stage approach that disentangles the effect of local geography from national-level characteristics. The paper finds that weak land governance, inequality, and pressure on land resources contribute to land degradation but are less able to explain movements into cropland which could more likely reflect national policies
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 96
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Conflict and Development ; Energy ; Food Security ; Inequality ; Inflation ; Macroeconomics and Economic Growth ; Municipal Bond Markets ; Poverty Reduction ; Urban Development
    Abstract: These opening remarks were made by World Bank Group President David Malpass at the State of the Global Economy Event Organized by Brookings Institution on July 13, 2022. Mr. Malpass said the world is facing multiple crises, including the sharpest slowdown in GDP growth in 80 years, the risk of a frozen crisis in Ukraine due to Russia's invasion, and a massive worsening in global inequality as advanced economies absorb the limited supplies of global capital and energy. Global growth is not expected to rebound in 2023, given energy supply constraints; the long overdue normalization of interest rates and bond yields in the advanced economies; and the misallocation of investments that has pushed much of the world's savings into bonds, mostly bonds issued by governments and overcapitalized borrowers. The global economy is also facing significant downside risks. These include intensifying geopolitical tensions, the fragility in many countries, the potential for an extended period of stagflation, the widespread financial stress that's caused by the higher borrowing costs, and food insecurity
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 97
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Agriculture ; Climate Change Economics ; Conflict ; Conflict and Development ; Economic Insecurity ; Food Security ; Inequality ; Macroeconomics and Economic Growth ; Poverty ; Poverty Reduction
    Abstract: These remarks were delivered by the World Bank Group President David Malpass in conversation with Masood Ahmed, the President of the Center for Global Development on May 26, 2022. They both discussed on the following topis: (i) respond to the COVID crisis and now to the latest set of crises from Russia's invasion of Ukraine; (ii) the world moves away from the dependence on Russian energy, then new supplies will be vital; (iii) COVID Vaccination; (iv) fighting climate change; (v) global public goods; (vi) climate change action plan; (vii) climate financing; (viii) sustainable debt finance process; (ix) food security and infrastructure development; (x) possible global recession; (xi) education sector; (xii) human capital index; (xiii) the G7 communique; and (xiv) low-income households
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 98
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Poverty Assessment
    Keywords: Inequality ; Labor Market ; Poverty Assessment ; Poverty Diagnostics ; Poverty Reduction ; Resilience ; Telecommunications
    Abstract: The share of Uganda's population that lives below the poverty line has fluctuated over the last seven years, greatly influenced by shocks that have tested the resilience of the people. About 30 percent of the country's population was poor in 2019-20, which is comparable to the poverty rate of 30.7 percent in 2012-13. The pattern of fluctuating poverty rates is largely driven by the experience of rural households. There was a surge in the poverty rate between 2012-13 and 2016-17, linked to the drought in 2016-17, followed by improvement in 2019-20 prior to the pandemic, when favorable weather conditions helped lift rural incomes. The COVID-19 pandemic pushed both urban and rural residents into poverty. Inequality, which reflects the extent to which different population groups benefit from Gross Domestic Product (GDP) growth, and affects the transmission of growth into poverty reduction, remained largely unchanged over this period and may even have worsened in urban areas. The rest of this overview presents key findings of the report. The next section synthesizes key facts about Uganda's poverty reduction experience up to 2020. These facts set the stage for the section that follows examining reasons behind limited progress in poverty reduction. The final section reviews the key policy points for action. The report's analysis is based on new analysis of available data sources as well as published analytical reports such as the Systematic Country Diagnostic Update (World Bank; International Finance Corporation; Multilateral Investment Guarantee Agency 2021), the Country Economic Memorandum (World Bank 2022), and the previous Poverty Assessment (World Bank 2016)
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 99
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (31 pages)
    Parallel Title: Erscheint auch als Ferreira, Francisco H. G The Analysis of Inequality in the Bretton Woods Institutions
    Keywords: Bretton Woods Institutions ; Distribution ; Economics and Institutions ; IMF ; Inequality ; Literature Survey ; Multilateralism ; Poverty Reduction ; Social Development ; Social Inclusion and Institutions ; World Bank ; Macroeconomics and Economic Growth
    Abstract: This paper assesses the evolution of thinking, analysis, and discourse about inequality in the World Bank and the International Monetary Fund since their inception in 1944, on the basis of bibliometric analysis, a reading of the literature, and personal experience. Whereas the Fund was largely unconcerned with economic inequality until the 2000s but has shown a rapidly growing interest since then, the Bank's approach has been characterized by ebbs and flows, with five phases being apparent. The degree of interest in inequality in the two institutions appears to be largely determined by the prevailing intellectual profile of the topic in academic research, particularly in economics, and by ideological shifts in major shareholder countries, propagated downward internally by senior management. Data availability, albeit partly endogenous, also plays a role. Looking ahead, World Bank and International Monetary Fund researchers continue to have an important role to play, despite a much more crowded field in inequality research. The paper suggests that this role involves holding firm to an emphasis on inequality "at the bottom" and highlighting four themes that may deserve special attention
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 100
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Agriculture ; Conflict ; Food Security ; Inequality ; Inflation ; International Trade and Trade Rules ; Poverty Reduction ; Pro-Poor Growth
    Abstract: These keynote remarks were delivered by World Bank Group President David Malpass to the European Union-African Union Summit on Peace, Security and Governance on February 17, 2022. He spoke about the global misallocation of capital leaves developing countries with inadequate capital flows and unable to sufficiently respond to the multitude of challenges they face. He mentioned that the World Bank Group has significantly increased their support for fragile states over the last five years, providing 15.8 billion in FY21 for over thirty fragile and conflict-affected countries, many of them in Africa. He was gravely concerned by the rapid escalation in conflicts in countries such as Burkina Faso and Ethiopia. He said that without good governance, Africa will continue to face underinvestment, insufficient access to electricity and clean water, and regulatory barriers. He highlighted on their operations working toward better outcomes in terms of reduced poverty and higher incomes which means governance that promotes trade facilitation, builds accountability mechanisms, enhances systems for service delivery, and fosters citizen engagement. He declared that the Recovery and Peacebuilding Assessment between the EU, UN, and the World Bank helps governments identify their priority needs for recovery, reconstruction, and peacebuilding. He also works with the UN Peacekeeping Missions in Democratic Republic of Congo, Mali, and the Central African Republic, where they have been able to provide rapid support once insecure areas are stabilized. He concluded with noting that by 2030, two-thirds of the world's extremely poor people could be living in fragile countries, and together with their development partners, they must continue to ramp up our efforts to support the world's poorest and most fragile states in becoming more resilient, peaceful, just, and economically robust
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
Close ⊗
This website uses cookies and the analysis tool Matomo. More information can be found here...