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  • Washington, D.C : The World Bank  (14,054)
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  • 1
    Language: English
    Pages: 1 Online-Ressource (49 pages)
    Parallel Title: Erscheint auch als Wahby, Sarah Job Finding and Separation among Syrian refugees in Jordan and Their Hosts during the COVID-19 Pandemic
    Keywords: Covid-19 Impact on Refugees ; Human Rights ; Involuntary Resettlement Law ; Job Finding ; Job Separation ; Labor Market Inequality ; Labor Markets ; Law and Development ; Refugee Camps and Resilience ; Refugees ; Social Development ; Social Protections and Labor ; Voluntary and Involuntary Resettlement ; Covid-19 Impact On Refugees ; Human Rights ; Job Finding ; Job Separation ; Labor Market Inequality ; Refugee Camps And Resilience ; Refugees
    Abstract: Refugees face important barriers to participation in the formal market, which locks them in informal employment and makes them more vulnerable to shocks. Using data from Jordan, this paper compares the job finding and separation rates of Syrian refugees to those of their hosts before and after the onset of the COVID-19 pandemic. The findings show the change in these rates over time for Syrians to be similar to those of their Jordanian hosts prior to the pandemic, with a significant divergence after the start of the pandemic. Distinguishing between Syrians living in camps and those living in host communities shows that the Syrian disadvantage was entirely explained by living in camps
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  • 2
    Language: English
    Pages: 1 Online-Ressource (39 pages)
    Parallel Title: Erscheint auch als Cho, Yoonyoung The Importance of Existing Social Protection Programs for Mental Health in Pandemic Times
    Keywords: Cash Transfers ; Depression and Pandemic ; Health, Nutrition and Population ; Mental Health ; Mental Health Crisis ; Poverty Reduction ; Social Protection ; Social Protections and Assistance ; Social Protections and Labor ; Cash Transfers ; Depression And Pandemic ; Mental Health ; Mental Health Crisis ; Social Protection
    Abstract: When it comes to mental health, do social protection programs matter more in times of crisis Using panel data from the Philippines around the onset of the COVID-19 pandemic, this study compares depression rates among beneficiaries of an existing conditional cash transfer program to those of non-beneficiaries of similar socioeconomic status. Depression rates were almost identical for the two groups in late 2019, but significantly lower for conditional cash transfer beneficiaries by July 2020, after the initiation of strict quarantine measures and a large emergency cash transfer program. One interpretation of the increased importance of the conditional cash transfer program during the pandemic is that these transfers have larger protective effects in times of vulnerability. Another possible reason is that the existing infrastructure of the program, by allowing for more timely distribution of the emergency cash, enhanced the effectiveness of the government's pandemic response for conditional cash transfer beneficiaries. This paper finds evidence supporting both explanations
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  • 3
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (57 pages)
    Parallel Title: Erscheint auch als Artuc, Erhan Trade, Outsourcing, and the Environment
    Keywords: Border Carbon Adjustment ; Carbon Policy and Trading ; Carbon Tariffs ; Carbon Tax ; CO2 Emission Leakage ; Environment ; Environment and Trade ; Environmental Policy ; International Economics and Trade ; Law and Development ; Tax Law ; Border Carbon Adjustment ; Carbon Tariffs ; Carbon Tax ; Co2 Emission Leakage ; Environment And Trade ; Environmental Policy
    Abstract: This paper analyzes the effects of carbon taxation and border carbon adjustments in a setting where firms can choose to respond to taxation by abating or by outsourcing part of their production. For this, this paper sets up a general equilibrium trade model, calibrated with world trade and input-output data that features a discrete choice production structure, where the producers choose between outsourcing or abating emission-intensive intermediate production steps. The paper finds that border adjustments that cannot target scope 3 emissions can lead to outsourcing, and thus leakage, further down the value chain, but nevertheless induce higher abatement both in the countries that impose the border adjustment and in the ones affected by it
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  • 4
    Language: English
    Pages: 1 Online-Ressource (49 pages)
    Parallel Title: Erscheint auch als El Mekkaoui, Najat For Labor or for Divorce? Unilateral Divorce Laws and Women's Labor Outcomes
    Keywords: Demographic and Health Survey ; Divorce ; Gender ; Gender and Economic Policy ; Gender and Social Policy ; Intra-Household Bargaining ; Labor and Employment Law ; Labor Markets ; Law and Development ; Mothers Labor Force Participation ; Social Protections and Labor ; Unilateral Divorce ; Women's Agency ; Women's Labor Force Participation ; Demographic And Health Survey ; Divorce ; Intra-household Bargaining ; Mothers Labor Force Participation ; Unilateral Divorce ; Women's Agency ; Women's Labor Force Participation
    Abstract: Despite substantial progress in closing the gender gap, women's labor force participation in the Middle East and North Africa remains one of the lowest globally, at a mere 18 percent. This paper investigates the effect of the introduction of unilateral divorce laws on women's labor outcomes, using data from the Demographic and Health Survey program that spans decades and a quasi-experimental difference-in-differences design in three countries: Morocco, the Arab Republic of Egypt, and Jordan. The results highlight that no-fault divorce legislation was associated with a modest increase in mothers' labor outcomes, measured by current employment, a few years after the reform. These findings are likely induced by a power shift and anticipatory effects that drive women into the labor force. However, when a longer time window is considered, 10 or more years after the reform, the study documents a negative effect of the reform on women's labor outcomes in Morocco, and a positive effect in the Arab Republic of Egypt and Jordan. These differences can be attributed to a set of countervailing effects, including social norms, labor market dynamics, and evolution of the legislation, that make the derived utility from marriage, in some cases, more attractive than that derived from employment, and vice versa. These findings partially confirm results from previous research on the relationship between no-fault divorce and women's agency and empowerment in the Middle East and North Africa region, but, at the same time, contrast with prominent perspectives on legislation that aims at reducing gender-based discrimination. Instead, they show that there might be undesired effects of legislation and provide a policy relevant discussion on that basis
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  • 5
    Language: English
    Pages: 1 Online-Ressource (32 pages)
    Parallel Title: Erscheint auch als Fiuratti, Frederico Are Regional Fiscal Multipliers on EU Structural and Investment Fund Spending Large? A Reassessment of the Evidence
    Keywords: Agriculture ; Covid-19 Economic Recovery Package ; Environment ; EU Economies ; European Union ; Finance and Financial Sector Development ; Financial Crisis Management and Restructuring ; Fiscal Multiplier ; Green Issues ; Monetary Union ; Short-Term Regional Fiscal Stimulus ; Social Risk Management ; Sustainable Green Growth ; Covid-19 Economic Recovery Package ; Eu Economies ; European Union ; Fiscal Multiplier ; Monetary Union ; Short-term Regional Fiscal Stimulus ; Sustainable Green Growth
    Abstract: The European Commission's "NextGenerationEU" COVID-19 recovery package has underscored interest in the size of regional fiscal multipliers in Europe. While the objective of these funds is the long-term transformation toward more sustainable green growth and digitalization in EU economies, several recent papers have also focused on their short-term stimulatory effects and have estimated large short-term regional multipliers on historical EU structural and investment fund spending. This has contributed to a view that EU funds can boost growth substantially not only in the long term, but also in the short term in countries receiving large flows, particularly in Central and Eastern Europe. This paper reevaluates the evidence by estimating regional short-term multipliers using recent data on EU fund spending and a leave-one-out predicted disbursement schedule instrument. In contrast with much of the recent literature, there is little evidence of large relative GDP multipliers at either the national or subnational level in the short term. This is despite a strong response of regional investment to EU funds, which often increases euro for euro. The results suggest that expectations should be tempered on using EU structural and investment funds as a tool for short-term regional fiscal stimulus, and instead policy makers may want to focus on the long-term benefits of EU funds, in line with their original purpose
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  • 6
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Employment ; Inclusive Society ; Income Inequality ; Labor Markets ; Social Protections and Assistance ; Social Protections and Labor ; Structural Drivers ; Wage ; Employment ; Inclusive Society ; Income Inequality ; Structural Drivers ; Wage
    Abstract: This report is intended to inform public debate and policymaking on income inequality in Thailand. It aims to provide a comprehensive analysis of income inequality in Thailand and identify opportunities to promote more inclusive growth. The analysis uses a wealth of data from a variety of sources (detailed in Appendix A) to examine the pattern, structure, and drivers of income inequality in the country, with a special focus on inequality and labor market supply-side factors. It is structured as follows. This section has laid the foundation for analysis, examining historical trends in both consumption - and income-based measures of inequality while providing geographic context and data on public perceptions about inequality. It also provided a summary of literature findings. Section 2 analyzes the pandemic's impacts on inequality, including the role that social assistance played in mitigating its effects but also the potential scarring effects on children's human capital development. Section 3 examines the structural drivers of inequality and its persistence, focusing on the role of inequality of opportunity in human capital development and access to basic services. Finally, Section 4 provides policy options to create a more inclusive society by addressing the root causes of persistent inequality and mitigating the challenges brought about by the pandemic. In particular, since a significant share of the poor in Thailand are engaged in agriculture, the report underscores that improving farm incomes is crucial for alleviating poverty and reducing inequality. As such, Section 4 draws its recommendations from a recent study on the key challenges and opportunities facing Thai farmers to raise agricultural productivity and incomes
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  • 7
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Economic Growth ; Financial Sector ; Fiscal and Monetary Policy ; Food Security ; Inflation ; Macroeconomics and Economic Growth ; Monetary Policy ; Real Sector ; Financial Sector ; Food Security ; Inflation ; Monetary Policy ; Real Sector
    Abstract: Notwithstanding slower global growth and lingering impacts of recent catastrophic floods, private sector activity, outside the oil sector, has been supported by a relative return to peace, and higher government spending. Nevertheless, the economy is estimated to have contracted by 0.4 percent in FY23/24, reflecting drags from oil production. Supported by a successful exchange rate liberalization, inflation averaged -3.2 percent in 2022 and around 3 percent in the first nine months of 2023. Monetary policy has tightened in recent months, but it remains imperative that the central bank refrain from financing the fiscal deficit. The FY23/24 budget projects a smaller financing gap of about 13 percent of budget expenditures comparedto previous years. However, financing vulnerabilities remain high because of limited fiscal and external liquidity buffers and limited debt-carrying capacity
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  • 8
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Health Sector Review
    Keywords: Access and Coverage ; Equity ; Financing ; Health Insurance ; Health Monitoring and Evaluation ; Health, Nutrition and Population ; PHCPI Framework ; PHP ; Quality ; Access And Coverage ; Equity ; Financing ; Good Health And Well-being ; Phcpi Framework ; Php ; Quality ; Sdg 3
    Abstract: This report presents the findings of the primary health care (PHC) system in the Republic of the Marshall Islands (RMI), an assessment that the World Bank conducted in consultation with the Ministry of Health and Human Services (MHHS) of the government of RMI. The assessment provides an opportunity to understand the performance of RMI's PHC system, highlighting important areas of strengths and opportunities to address ongoing challenges. The assessment uses the Primary Health Care Performance Initiative (PHCPI) framework, which organizes various domains and subdomains of primary care using a logic model approach that encompasses the traditional inputs and outputs of a system, emphasizing service delivery and performance
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  • 9
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Adaptation to Climate Change ; Climate Change ; Environment ; Food Security ; Fragile Recovery ; Pollitical Challenges ; Water Resources ; Water Security ; Climate Change ; Food Security ; Fragile Recovery ; Pollitical Challenges ; Water Security
    Abstract: Somalia has remained on a strong economic reform path despite the various global and exogenous shocks that have continued to buffet the economy. Recurrent climate-related shocks, such as cycles of droughts, floods, locusts' infestation, higher international commodity prices, as well as increased insecurity and conflict, have interrupted the country's growth trajectory. However, this has not deterred the country's commitment to continue advancing reforms to strengthen key economic institutions and promote macroeconomic stability and recovery. As a result, Somalia has continued to make progress toward meeting the conditions for achieving the heavily indebted poor country (HIPC) completion point in December 2023. Within the framework of resilience, the eighth edition of the World Bank's Somalia economic update series provides an in-depth analysis of recent economic developments and growth outlook and makes a case for integrating climate change with Somalia's growth agenda. This report highlights macroeconomic policies and reforms that promote inclusive growth and institutional building including enhancing fiscal space for development priorities while strengthening expenditure controls; strengthening financial integrity; integrating Somalia into the global financial system; and improving debt management
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  • 10
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Employment and Labor Market ; Expanded Coverage ; Social Protection ; Social Protections and Assistance ; Social Protections and Labor ; Western Balkans ; Employment And Labor Market ; Expanded Coverage ; Social Protection ; Western Balkans
    Abstract: Reforming social protection systems has become more important recently due to various global crises, drawing attention to this unfinished agenda in the Western Balkans. The six Western Balkan countries, Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia, need social protection more than ever. Millions of people in the region remain vulnerable to a range of well-known risks, with shocks and new sources of vulnerability exacerbating the urgency of reform. These countries are taking steps to improve their social protection systems to make them fairer, more sustainable, more effective, and better able to respond to people's needs. However, progress is slow and uneven. Social protection systems across the Western Balkans are comprehensive and complex, spanning multiple objectives. To reduce poverty and vulnerability, reforms are necessary, and governments should focus on four main areas: (i) establishing strong foundations for social protection systems to better respond to crises; (ii) expanding coverage and effectiveness of poverty-targeted programs to improve inclusion and support for vulnerable populations; (iii) facilitating access to better employment opportunities and promoting labor market inclusion; and (iv) ensuring the financial sustainability of social protection programs for long-term effectiveness
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  • 11
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (38 pages)
    Parallel Title: Erscheint auch als Calice, Pietro Just Transition: Issues for Central Banks and Financial Regulators
    Keywords: Climate Change ; Climate Finance ; Energy ; Energy Transition ; Environment ; Financial Regulators ; Social Changes ; Climate Change ; Climate Finance ; Energy Transition ; Financial Regulators ; Social Changes
    Abstract: Recent calls on central banks and financial regulators to use the tools at their disposal to help mitigate the negative economic and social impacts of climate policies are based on several false analogies between the energy transition and the "just" energy transition. The same false analogies explain why voluntary efforts to incorporate just transition considerations into private financial decisions and products copying approaches from climate finance have so far failed to gain traction. None of the above invalidates the just transition as a political aspiration. However, only the government has the legitimacy and authority to identify the regions or sectors where the negative impacts of the energy transition are to be mitigated, determine the extent and instruments for this mitigation, and adjust them over time in line with shifting social preferences. This is an essentially political task that cannot be delegated to technocratic agencies. Nevertheless, within the parameters established by the government, central banks and financial regulators can play a supporting role by ensuring accurate data on the social impact of the energy transition, enforcing disclosure requirements, sensitizing financial firms to just transition--related risks, and raising awareness among financial firms. However, they must be cautious not to overstep their mandate, and remain mindful of the limitations of their toolkit and of the risks and potential unintended consequences of their actions
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  • 12
    Language: English
    Pages: 1 Online-Ressource (56 pages)
    Parallel Title: Erscheint auch als Feriga, Moustafa Amgad Moustafa Ahmed Moustafa The Impact of Climate Change on Work: Lessons for Developing Countries
    Keywords: Climate Change ; Climate Change and Labor ; Environment ; Labor Demand ; Labor Supply ; Productivity ; Climate Change ; Climate Change And Labor ; Labor Demand ; Labor Supply ; Productivity
    Abstract: What is the impact of climate change on labor Reviewing the evidence, this paper finds five areas of potential impact. Climate change may have an immediate effect on labor demand, labor supply and time allocation, on-the-job productivity, and income and vulnerability among the self-employed. In the medium term, climate change may lead to a reallocation of labor across economic activities and across space. Impact estimates typically rely on fixed effect estimation. These estimates require care when interpreted as they typically reflect the short-term direct impact of past events and abstract from potential adaptation. The paper discusses emerging work trying to address this, analyzing the responses by firms, farms, households, and workers. Together, the existing evidence points toward six potential areas of government response. Potential labor policies include green jobs, green skills, labor-oriented adaptation, flexible work regulation, labor market integration, and social protection. The paper concludes by setting out avenues for future research in this field
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  • 13
    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 ; Fiscal Incidence ; Fiscal Policy Interventions ; Inequality ; Poverty ; Public Expenditure ; Public Revenue ; Social Transfers ; Tax
    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
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  • 14
    Language: English
    Pages: 1 Online-Ressource (97 pages)
    Parallel Title: Erscheint auch als AlAzzawi, Shireen Female Headship and Poverty in the Arab Region: Analysis of Trends and Dynamics Based on a New Typology
    Keywords: Female-Headed Households (FHH) ; Female-Headedness Typology ; Gender ; Household Survey Data ; Poverty Dynamics ; Poverty Feminization ; Poverty Reduction ; Synthetic Panels ; Female-headed Households (fhh) ; Female-headedness Typology ; Household Survey Data ; Poverty Dynamics ; Poverty Feminization ; Synthetic Panels
    Abstract: Various challenges are thought to render female-headed households (FHHs) vulnerable to poverty in the Arab region. Yet, previous studies have had mixed results and the absence of household panel survey data hinders analysis of poverty dynamics. This paper addresses these challenges by proposing a novel typology of FHHs and analyzes synthetic panels constructed from 20 rounds of repeated cross-sectional surveys spanning the past two decades from the Arab Republic of Egypt, Iraq, Jordan, Mauritania, the West Bank and Gaza, and Tunisia. The paper finds that the definition of FHHs matters for measuring poverty levels and dynamics. Most types of FHHs are less poor than non--FHHs on average, but FHHs with a major share of female adults are generally poorer. FHHs are more likely to escape poverty than households on average, but FHHs without children are the most likely to do so. While more children are generally associated with more poverty for FHHs, there is heterogeneity across countries in addition to heterogeneity across measures of FHHs. The findings provide useful inputs for social protection and employment programs aiming at reducing gender inequalities and poverty in the Arab region
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  • 15
    Language: English
    Pages: 1 Online-Ressource (52 pages)
    Parallel Title: Erscheint auch als Amankwah, Akuffo Labor Market Participation and Employment Choice in Ghana: Do Individual Personality Traits and Gender Role Attitudes Matter?
    Keywords: Education ; Employment Outcome ; Employment Preference ; Gender ; Gender Monitoring and Evaluation ; Gender Norms ; Gender Role Attitudes ; Informal Sector Measurement Study ; Labor Markets ; Multi-Stage Sampling ; Personality Traits ; Poverty Reduction ; Secondary Education Equity ; Self-Employment ; Decent Work And Economic Growth ; Employment Outcome ; Employment Preference ; Gender Equality ; Gender Norms ; Gender Role Attitudes ; Informal Sector Measurement Study ; Multi-stage Sampling ; Personality Traits ; Sdg 5 ; Sdg 8 ; Secondary Education Equity ; Self-employment
    Abstract: In addition to the conventional determinants of labor market participation and the choice between wage employment and self-employment, there is a growing interest of the significance of gender role attitudes and personality traits. This study uses data from the 2022 Ghana Informal Sector Measurement Study to investigate the influence of these factors on employment outcomes in the Northern and Ashanti regions of Ghana. The findings are based on a series of analyses, including descriptive, multinomial logistic, and linear probability model regressions. The empirical results show the critical role played by both gender role attitudes and personality traits in shaping individuals' decisions on labor market participation and employment choices. Notably, personality traits emerge as significant drivers of observed employment outcomes. However, the impact of these personality traits is often mitigated or even reversed in the presence of heightened traditionalism. Furthermore, the gender-disaggregated analysis reveals that possessing at least a secondary education level is a pivotal factor in the selection of men into formal employment, whereas this criterion holds less significance for women. Conversely, once the decision to participate in the labor market has been made, having at least a secondary education becomes relevant for securing wage employment, regardless of an individual's gender
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  • 16
    Language: English
    Pages: 1 Online-Ressource (48 pages)
    Parallel Title: Erscheint auch als Wollburg, Philip The Impacts of Disasters on African Agriculture: New Evidence from Micro-Data
    Keywords: Agricultural Research ; Agriculture ; Climate Change ; Climate Change and Agriculture ; Crop Agriculture Disaster Risk ; Disaster Loss and Damage ; Drought Losses ; Flood Loss ; Survey Data ; Agriculture ; Climate Change ; Crop Agriculture Disaster Risk ; Disaster Loss And Damage ; Drought Losses ; Flood Loss ; Survey Data
    Abstract: Disasters affect millions of people each year and cause economic losses worth many billions of dollars globally. Reporting on disaster impacts in research, policy, and news primarily relies on macro statistics based on disaster inventories. The macro statistics suggest that a relatively small share of disaster damages accrues in Africa. This paper, instead, uses detailed survey micro-data from six African countries to quantify disaster damages in one key sector: crop agriculture. The micro-data reveals much higher damages and more people affected than the macro statistics would indicate. On average, 36 percent of the agricultural plots in the sample suffer crop losses due to adverse climatic events. In the countries and time period analyzed, these losses reduced total crop production by an average of 29 percent. Importantly, many of these losses are underreported or undetected in key disaster inventories and therefore elude macro statistics. In the case of droughts and floods, the economic losses recorded in the micro-data are USD 5.1 billion higher than in the macro statistics, affecting 145 million to 170 million people, more than four times as many as the macro statistics suggest. The difference stems mostly from smaller and less severe but frequent adverse events that are not recorded in disaster inventories
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  • 17
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Risk and Vulnerability Assessment
    Keywords: Disaster Finance ; DRFI ; Finance and Financial Sector Development ; Financial Crisis Management and Restructuring ; NCA ; North Central America ; Disaster Finance ; Drfi ; Nca ; North Central America
    Abstract: The objective of this feasibility study is to identify disaster risk finance and insurance (DRFI) solutions for up to 1.9 million family farmers in El Salvador, Guatemala, and Honduras. This study is motivated by an emerging consensus on the need to design and implement large-scale DRFI solutions to improve the financial resilience of family farmers in North Central America (NCA) and reduce their vulnerability to extreme weather events and climate risks. The feasibility study provides an initial assessment of the technical, operational, financial, and policy considerations for developing and implementing DRFI solutions for family farmers in NCA. The feasibility study considers lessons learned from existing large-scale DRFI solutions in peer countries as well as ongoing programs and pilots in NCA
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  • 18
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Social Analysis
    Keywords: Access and Equity in Basic Education ; Access To Education ; Agriculture ; Climate Change Impact ; Covid-19 Impact ; Education ; Food Security ; Health Service Management and Delivery ; Health, Nutrition and Population ; Human Capital Accumulation and Utilization ; Inclusive Development ; Long-Term Economic Growth ; Social Protections and Assistance ; Social Protections and Labor ; Access To Education ; Climate Change Impact ; Covid-19 Impact ; Food Security ; Human Capital Accumulation And Utilization ; Inclusive Development ; Long-term Economic Growth
    Abstract: This report is undertaken as a part of the Human Capital Project (HCP), a globalinitiative of the World Bank Group that aims to increase governments' awarenessof the importance of investing in people (World Bank date of publication not identifiedb). One of the maincomponents of the HCP is a cross-country metric--the Human Capital Index (HCI). The HCI estimates the amount of human capital a child born today can expect to accumulate by the age of 18, thus highlighting how current health and education outcomes shape the work productivity of the next generation. Moreover, given the cumulative nature of human capital, the HCI has clear milestones across the entire human life cycle: at birth, children need to survive; during childhood, they need to be well-nourished; at school age, they must complete all schooling and active adequate learning levels; and in adulthood, they need to stay in good health. Finally, the HCI includes a result: a score that ranges from 0 to 1. A country where an average child has virtually no risk of being stunted or dying before age five, receives high-quality education, and becomes a healthy adult, would have an HCI close to 1. Conversely, when the risk of being ill-nourished or prematurely dying is high, access to education is limited, and the quality of learning is low, the HCI would approach zero
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  • 19
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Education Study
    Keywords: Accreditation Policies ; Childhood Development ; Early Childhood Development ; Early Education ; ECED ; Education ; GOI ; Accreditation Policies ; Childhood Development ; Early Education ; Eced ; Goi
    Abstract: Investments in early years of education and childhood development are among the most cost-effective and beneficial a country can make to tackle learning poverty, promote healthy child development, and enhance shared prosperity. Over the past two decades, the Government of Indonesia (GoI) has scaled up its commitment to early childhood education and development (ECED) through various educational reforms, policies, programs, and financial investments. With the expansion of Indonesia's ECED system, the GoI has committed to improving its quality since the early 2000s. As a key mechanism to raise the quality of ECED services, the GoI actively encourages PAUD centers to become accredited. An analysis of factors that influence whether and how PAUD centers participate in the accreditation system is helpful to inform continuous quality improvement of Indonesia's ECED services. The World Bank is providing the Ministry of Education, Culture, Research, and Technology (MoECRT) technical assistance and advice to improve Indonesia's ECED system. Supported by the Learning for Human Capital Development Programmatic Advisory Services and Analytics (PASA), this study was conducted to inform further improvements to Indonesia's ECED accreditation system. This report presents the findings from the abovementioned ECED accreditation system assessment and is organized in four main sections after an introduction. Section I describes the study's background and the country context, with emphasis on the ECED system and its quality assurance mechanisms. Section II details the methodology used. Section III presents a summary of the survey results. Section IV discusses the implications of the findings and outlines recommendations to inform accreditation policies and programs
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  • 20
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other ESW Reports
    Keywords: Adaptation to Climate Change ; Environment ; Green Transformation ; International Economics and Trade ; Plastic Substitutes ; Sustainability ; Trade ; Trade Policies ; Trade Policy ; Green Transformation ; Plastic Substitutes ; Sustainability ; Trade ; Trade Policies
    Abstract: Climate change - and efforts to mitigate and adapt to it - will affect global flows of trade and Indonesia's ability to transition to a more environmentally sustainable economy on its path to become a high-income economy is, therefore, interlinked with trade policy. Environmental policy stringency (EPS) is increasing around the globe - a crucial challenge lies in harmonizing these with sustained economic growth, yet both goals can be reached. Although trade flows facilitate emissions, they are also a critical part of the solution, including through trade in environmental goods (EGs) and plastic substitutes - with important economic spillovers. This report provides a detailed analysis of the role of trade and trade policy on EGs and plastic substitutes in Indonesia's green transition. Chapter one describes the need for, and urgency of, this transition, by looking at the carbon intensity of Indonesia's trade, the impacts of environmental policies of Indonesia and key trading partners, and the roles of EGs. Chapter two examines where Indonesia stands on the level of trade in EGs and plastic substitutes and the competitiveness of EGs trade. Chapter three explores trade agreements and tariffs and simulates potential impacts of tariff reforms - including through multilateral actions. Chapter four examines what non-tariff measures (NTMs) apply on the products including inputs of firms exporting EGs and assesses which NTMs may be costly. Finally, chapter five concludes with policy recommendations
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  • 21
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Opinion Surveys
    Keywords: Accountability ; Attitudes ; Development Economics and Aid Effectiveness ; Effectiveness ; Governance ; International Governmental Organizations ; Macroeconomics and Economic Growth ; Participations and Civic Engagement ; Social Development ; Stakeholder Engagement ; World Bank Group Knowledge ; World Bank Group Strategy ; Accountability ; Attitudes ; Effectiveness ; Stakeholder Engagement ; World Bank Group Knowledge ; World Bank Group Strategy
    Abstract: The Country Opinion Survey in Zimbabwe assists the World Bank Group (WBG) in better understanding how stakeholders in Zimbabwe perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media, academia, the private sector, and civil society in Zimbabwe on 1) their views regarding the general environment in Zimbabwe; 2) their overall attitudes toward the WBG in Zimbabwe; 3) overall impressions of the WBG's effectiveness and results, knowledge work and activities, and communication and information sharing in Zimbabwe; and 4) their perceptions of the WBG's future role in Zimbabwe
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  • 22
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: IEG Independent Evaluations and Annual Reviews
    Keywords: IDA ; Private Investment ; Private Sector ; Private Sector Development ; Private Sector Economics ; Private Sector Window (PSW) ; Ida ; Private Investment ; Private Sector ; Private Sector Window (psw)
    Abstract: The private sector is essential for creating jobs and prosperity in poor countries, but developing it is challenging, especially in fragile and conflict-affected situations (FCS). The IDA Private Sector Window (PSW) is a blended finance facility that enables the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and third-party private sector investors to conduct high-risk transactions in International Development Association (IDA) countries and FCS countries. This evaluation aims to assess the usage, market development potential, and enabling factors of the PSW. The evaluation assesses how the usage of the PSW has changed from its inception in 2017 to 2023 and explores its potential market development effects and its enabling factors, namely concessionality (for IFC and MIGA) and additionality (for IFC). Concessionality is the level of subsidy needed for IFC and MIGA to offer transactions in PSW-eligible countries at market prices. Additionality is the unique support IFC brings to private investments (on a project basis) that is not offered by commercial sources of finance. It comprises financial and nonfinancial additionality. This evaluation assesses the PSW across three IDA cycles: IDA18, which covers FY18-20; IDA19, which covers FY21-22; and IDA20, which covers FY23-25. It updates the 2021 IEG early-stage assessment of the PSW (FY18-20) and complements the IDA20 PSW Mid-Term Review, which was prepared jointly by IDA, IFC, and MIGA
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  • 23
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Economic Growth ; Gender ; Gender and Development ; Gulf Cooperation Council (GCC) ; Macroeconomics and Economic Growth ; Saudi Arabia ; Women ; Women and Labor ; Gender ; Gender Equality ; Gulf Cooperation Council (gcc) ; Saudi Arabia ; Women ; Women And Labor
    Abstract: The Gulf Cooperation Council (GCC) economies have been a bright spot in an otherwise gloomy economic landscape. Average growthin the GCC surpassed 7 percent in 2022 led by Saudi Arabia, its biggest economy, which was globally the fastest growing large economy. This growth was not just a result of buoyant hydrocarbon prices but also continued growth of non-oil sectors. The latter was the result of persistent structural reforms undertaken by several GCC countries to improve the investment environment, promote flexible labor markets, and encourage women to join the labor market. GCC countries have used the windfall revenues from oil and gas to rebuild their buffers, pay down their debt, and shore-up their sovereign wealth funds. They have also sought to protect their vulnerable populations with continued subsidies on food, fuel, and utilities. Such policies have limited the impact of inflation on the domestic economy. Finally, GCC countries have also used their financial muscle to support economically weaker countries in the region. The stellar growth of 2022 is slowing down and growth is expected to moderate to 1 percent in 2023 before picking up again to 3.6 percent in 2024. The decline in economic activity in 2023 is driven by consecutive production cut decisions by OPEC+ in an effort to stabilize global oil prices. However, non-oil GDP continues its growth trajectory reaching 3.9 percent, resulting weaker integration between oil and non-oil sectors. To maintain this track record, GCC countries will need to continue to exercise prudent macroeconomic management, stay the course with structural reforms, and increase non-oil exports. Downside risks remain and it would be amiss not to mention them. The conflict in the Middle East presents major risks to the region and the GCC outlook if it extends or expands to include other regional players. While it is too early to quantify the impact and channels of the conflict, we already witness a 4 percentsurge in global oil futures. Although China is bouncing back after emerging from tight Covid-19 lockdowns, troubles in the real estate sector could still disrupt this trajectory. Persistent high inflation in the world's major economies has not been entirely vanquishedsuggesting a high interest rate environment for a longer period. Windfall revenues are anticipated as a result of higher oil prices driven by the conflict in the Middle East. However, the extent and duration of the conflict will play a pivotal role in determining economicramifications not only on energy markets but also on regional financial and trade markets and overall economic confidence. The Special Focus section of the report discusses the power of structural reforms and social norms in advancing female labor force participation in Saudi Arabia. Saudi Arabia experienced an unprecedented surge in female labor force participation since 2016 as a result of: (i) changing regulations and the removal of legal barriers, shifting social norms, (ii) the implementation of sound structural reforms and (iii) effective government communications. Saudi Arabia's success in increasing female labor force participation from 17.4 percent in 2017 to 36 percent in 2023 offers important lessons to other countries in the region and the world
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  • 24
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Economic Forecasting ; Economic Growth ; FDI ; Foreign Direct Investment ; FX ; Import Bans ; Improved Welfare ; Inflation ; International Economics and Trade ; Macroeconomics and Economic Growth ; Oil Flows ; Private Sector Credit ; Fdi ; Fx ; Import Bans ; Improved Welfare ; Inflation ; Oil Flows ; Private Sector Credit
    Abstract: Important reform decisions have been taken for Nigeria to avoid a fiscal cliff, and temporary compensation is being provided to help the poorest and most vulnerable households. In May and June 2023, the incoming administration undertook two critical policy decisions, which have resulted in price and exchange rate adjustments in the second half of the year. Targeted cash transfers are helping to cushion the adjustment to higher gasoline prices. On fiscal policy, budget planning for the next several years is consistent with sustaining the fiscal savings from the subsidy reform and mobilizing more revenues. However, the reforms are yet to be completed to fully realize the economic benefits. The FX market has remained volatile and is still in a period of continuing adjustment to the new policy approach. Revenue gains from the FX reform are visible, but more clarity is needed on oil revenues, including the fiscal benefits from the PMS subsidy reform. The economic outlook for Nigeria in the short to medium term hinges on the continuation and effectiveness of its macroeconomic stabilization agenda. Successful implementation of the initiated reforms will be the first step toward improving Nigeria's growth prospect. Moving decisively onto a higher long-term growth and poverty reduction path requires not only a stable macroeconomic environment but also concerted structural reforms
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  • 25
    ISBN: 9791186140567
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other ESW Reports
    Keywords: Core Principles ; Corruption and Anticorruption Law ; Finance and Financial Sector Development ; Financial Law ; Insurance and Risk Mitigation% ; Integrity Compliance ; Internal Controls ; Law and Development ; Small and Medium Sized Enterprises ; Core Principles ; Integrity Compliance ; Internal Controls ; Small And Medium Sized Enterprises
    Abstract: Small and medium-sized enterprises, or "SMEs," play a major role in global economic development. This Guide aims to provide SMEs with a useful framework for developing effective Integrity Compliance Programs, or "ICPs," tailored to their own business models, budgets, and risk profiles. It distills prevailing best practices and guidelines from leading national and international institutions. Many SMEs worldwide have collaborated with the World Bank Integrity Compliance Office, or "ICO," to develop creative strategies for devising and implementing ICPs, mitigating the risk of misconduct in their operations, and even more broadly, among their business networks. This Guide describes some of these strategies. It is hoped that this Guide, which explains certain core principles, internal controls, and essential elements of ICPs, will be of real, practical value for SMEs seeking to build a culture of integrity in their businesses and communities
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  • 26
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    ISBN: 9781464820328 , 9781464820335
    Language: English
    Pages: 1 Online-Ressource (210 pages)
    Series Statement: International Debt Report
    Parallel Title: Erscheint auch als
    Keywords: Bonds ; Creditor ; Data ; Debt ; Debtor ; Developing ; Development ; Economic ; FDI ; Finance ; Foreign Direct Investment ; Government ; Interest Payments ; Interest Rates ; Loans ; Maturity ; Principal ; Private Sector ; Public Sector ; Statistics ; Bonds ; Debt ; Flows ; Foreign Direct Investment ; Government ; Interest Payments ; Loans ; Maturity ; Private Sector ; Public Sector
    Abstract: The International Debt Report (IDR) is a longstanding annual publication of the World Bank featuring external debt statistics and analysis for the 122 countries that report to the World Bank Debtor Reporting System. IDR 2023 is the 50th annual edition and includes (1) analyses of external debt stocks and flows as of end-2022 for these countries; (2) the macroeconomic and debt outlook for 2023 and beyond; (3) a focus on improved public debt transparency and the quality of debt reporting; (4) a discussion of the need for innovative approaches to debt management; (5) a commentary on how the International Debt Statistics database serves as an indispensable resource for researchers and policy makers; and (6) a one-page snapshot of relevant debt indicators and summary of debt stocks and flows for six years (2010 and 2018-22) for each country, plus global income group and regional aggregates. Unique in its coverage of the important trends and issues fundamental to the financing of low- and middle-income countries, IDR 2023 is an indispensable resource for governments, economists, investors, financial consultants, academics, bankers, and the entire development community. For more information on IDR 2023 and related products, please visit the World Bank's Debt Statistics website at www.worldbank.org/debtstatistics
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  • 27
    Language: English
    Pages: 1 Online-Ressource (43 pages)
    Parallel Title: Erscheint auch als Fietz, Katharina Exit Patterns from Brazil's Bolsa Familia and the Role of the Local Labor Market
    Keywords: Bolsa Familia ; Conditional Cash Transfer ; Dynamic Means-Tested Cash Transfer ; Labor Market ; Poverty Reduction ; Rural Workers ; Social Protection Program Graduation ; Social Protections and Labor ; Bolsa Familia ; Conditional Cash Transfer ; Dynamic Means-tested Cash Transfer ; Labor Market ; Rural Workers ; Social Protection Program Graduation
    Abstract: Can rising tides in the labor market lift the poor out of social assistance Although a substantial literature has studied the capacity of safety nets to expand automatically during labor market shocks, less is known about the dynamics of social assistance when labor market conditions improve, and who may benefit from positive changes. This paper studies how rising formal employment at the municipal level affects the likelihood of beneficiary families to exit Bolsa Familia, Brazil's dynamic means-tested cash transfer. The analysis exploits panel data from Brazil's vast social registry, matched with seven years of Bolsa Familia payroll information and formal employment records. The data reveal that the Bolsa Familia program displays significant and heterogeneous dynamism, with beneficiaries with higher levels of education and fewer constraints to labor supply taking fewer years to exit. The analysis then uses fixed-effects estimates, combined with an instrumental variable approach, to identify the effects of exogenous changes in the local labor market on exits. The findings show that the increase in local employment leads to a small, statistically significant rise in the probability of exiting from Bolsa Familia. These effects are concentrated in households with spare labor supply and those with medium levels of education
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  • 28
    Language: English
    Pages: 1 Online-Ressource (47 pages)
    Parallel Title: Erscheint auch als Horton, Susan Estimating Economic Costs of Unhealthy Diets: A Proposed Methodology
    Keywords: Agrifood Policy ; Cancer ; Diet Quality ; Food Choices ; Health Economics and Finance ; Health, Nutrition and Population ; Healthcare Costs ; Non-Communicable Disease ; Nutrition ; Obesity ; Undernutrition ; Agrifood Policy ; Diet Quality ; Food Choices ; Healthcare Costs ; Non-communicable Disease ; Obesity ; Undernutrition
    Abstract: Healthy diets have been characterized as responding to four universal principles--nutrient adequacy, dietary diversity, macronutrient balance, and moderation. With rising incomes, diet concerns globally have shifted from inadequacy of nutrients and lack of diversity, to lack of balance and moderation. This has occurred alongside declining rates of stunting and wasting in children under five and increasing rates of overweight and obesity across a broad age span. Calculations undertaken for low- and middle-income countries for policy and advocacy purposes of the economic cost of unhealthy diets have used nutritional status as a proxy or have made estimates of the impact of noncommunicable diseases by simply adding up known risks of individual diet factors. Both these methods have problems. This paper proposes a new methodology, taking advantage of recent, more holistic, measures of diet quality. Preliminary regression results are presented using cross-country data and the Global Dietary Recommendations Score and Minimum Dietary Diversity for women. The results suggest that diet quality variables generally have the expected signs, but there are also clear limitations of using cross-country data. The methodology could be applied in future to a limited number of broadly representative low- and middle-income countries data sets containing both diet recall data as well as measures of noncommunicable disease risk status. The analysis suggests that this work could inform policies such as the repurposing of existing agrifood policies to complement existing public health policies, to reduce the economic and health burdens imposed by unhealthy diets
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  • 29
    Language: English
    Pages: 1 Online-Ressource (24 pages)
    Parallel Title: Erscheint auch als Floreani, Vincent A Costing Disasters: Hedonic Pricing, Neighborhood Effects, and the Nepal Gorkha Earthquakes
    Keywords: Climate Change Economics ; Earthquakes ; Environment ; Hedonic Price ; Housing Prices ; Imputed Rent ; Macroeconomics and Economic Growth ; Microsimulation ; Natural Disaster ; Natural Disasters ; Neighborhood Effects ; Spatial Economics ; Welfare ; Earthquakes ; Hedonic Price ; Housing Prices ; Imputed Rent ; Microsimulation ; Natural Disaster ; Neighborhood Effects ; Spatial Economics ; Welfare
    Abstract: Disasters are frequent and clearly harmful in developing countries, but precisely estimating their overall cost and distributional impact is challenging. This paper proposes a microsimulation approach to do so rapidly, borrowing concepts from both poverty analysis and urban economics. Because housing prices reflect the present value of a specific bundle of living conditions, local earnings opportunities, and local access to services, their change in the aftermath of a disaster can be interpreted as a measure of the welfare cost incurred by households. A hedonic pricing function is used to estimate such changes based on the destruction experienced by the dwellings themselves, but also on the overall destruction suffered by their surrounding areas. The first element captures the damage from worse living conditions, whereas the second captures the loss from diminished earnings opportunities and access to services. The proposed approach is illustrated by estimating the cost of the 2015 Gorkha earthquakes in Nepal. Overall, the estimated impact is comparable to that from the official assessment. But its spatial distribution is significantly different due to the pivotal influence of neighborhood effects
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  • 30
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (18 pages)
    Parallel Title: Erscheint auch als Mohieldin, Mahmoud Could Digital Inclusion Close the Gender Economic Gap in the MENA Region?
    Keywords: Access and Connectivity ; Connectivity and Gender Equity ; Digital Divide ; Equitable Development ; Female Labor Market ; Gender ; Gender and Economic Empowerment ; Gender and Economics ; Gender and Law ; Information and Communication Technologies ; Internet Access ; Labor Markets ; Social Protections and Labor ; Access And Connectivity ; Connectivity And Gender Equity ; Digital Divide ; Equitable Development ; Female Labor Market ; Gender And Economic Empowerment ; Internet Access
    Abstract: Closing the gender digital divide by ensuring equal access to and benefit of the internet may reduce economic inequalities and close the gender gap in employment by providing new economic opportunities and facilitating access to market information. This paper estimates the impact of digital inclusion, measured by the Inclusive Internet Index on the female-to-male labor force participation ratio, while controlling for other economic and social factors. Using data from the World Development Indicators, the Economist Intelligence Unit database, and the World Bank's Women, Business and the Law database for 13 countries in the Middle East and North Africa region for four years (2018 to 2021), a pooled cross section dataset is constructed. The model is estimated using generalized least squares to control for heteroskedasticity. The results show that an inclusive internet environment would reduce the gender gap in the labor force. Other key drivers include the structure of the economic growth, norms, and gender roles in the society. These results are relevant for the United Nations Sustainable Development Goals agenda, mainly goals 5 and 10
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  • 31
    Language: English
    Pages: 1 Online-Ressource (38 pages)
    Parallel Title: Erscheint auch als Ragui, Assaad Connecting People to Projects: A New Approach to Measuring Women's Employment in the Middle East and North Africa
    Keywords: Employment Survey Questionnaire ; Gender ; Gender and Rural Development ; Gender Informatics ; Household Enterprises ; Labor Market Panel Surveys ; Rural Development ; Rural Labor Markets ; Survey Design ; Women's Employment ; Employment Survey Questionnaire ; Gender ; Household Enterprises ; Labor Market Panel Surveys ; Survey Design ; Women's Employment
    Abstract: Innovations to date in detecting women's employment have focused primarily on improving individual-level questions. This paper explores an alternative approach, using data on household enterprises and asking who participates in these activities. This research uses the latest waves of the Labor Market Panel Surveys for the Arab Republic of Egypt (2018) and Tunisia (2014). The research questions are (1) How do men's and women's employment rates change when adding enterprise-based detection questions to standard individual-level questions (2) Was the additional market employment detected with project-based approaches classified as subsistence work with individual measurement approaches (3) For which women is additional employment detected using project-based approaches The paper presents descriptive results on work based on the different approaches. It also estimates changes in state (being reclassified as working) from adding enterprise-level data. The findings show large increases in employment rates for rural women in both countries when including enterprise-based detection questions
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  • 32
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Health Sector Review
    Keywords: Governance ; Health Insurance ; Health Policy and Management ; Health, Nutrition and Population ; PHC ; Primary Health Care Performance ; Vital Signs Profile ; Governance ; Phc ; Primary Health Care Performance ; Vital Signs Profile
    Abstract: This report presents the findings of the Vital Signs Profile (VSP) assessment conducted by the World Bank and the Primary Health Care Performance Initiative (PHCPI) in collaboration with Fiji's Ministry of Health and Medical Services (MHMS). The VSP provides an opportunity to assess the state of the primary health care (PHC) system in Fiji, highlighting areas of strength and challenges through the lens of the PHCPI framework. The framework organizes various domains and subdomains of primary health care using a logic model approach that encompasses the traditional inputs and outputs of PHC systems and emphasizes the capacity and processes of PHC service delivery and performance. Notably, while PHCPI recognizes the role of social determinants of health and intersectoral health promotion and prevention efforts as important factors influencing population health, the VSP is primarily focused on aspects of health service delivery. Fiji is one of four Pacific countries - alongside Kiribati, the Republic of the Marshall Islands, and Solomon Islands that have, with support of the World Bank, used PHCPI tools to take stock of current performance, safeguard what works well, and lay out a vision for areas requiring improvement
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  • 33
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Foreign Trade, FDI, and Capital Flows Study
    Keywords: East Asia ; FDI ; FDI Policy Reforms ; Foreign Direct Investment ; International Economics and Trade ; Liberalization ; Sub-Saharan Africa ; East Asia ; Fdi ; Fdi Policy Reforms ; Foreign Direct Investment ; Liberalization ; Sub-saharan Africa
    Abstract: A new report from the World Bank Group focuses on the trends in foreign direct investment (FDI), which encompasses foreign investment in new or existing firms and production facilities. FDI is a subset of overall capital flows, but it is perhaps the most critical because of its potential development impact and stability relative to other cross-border capital flows. Foreign capital flows to developing countries fell to an estimated USD 662 billion in 2022 from an average of over USD 1 trillion in the decade preceding the COVID-19 pandemic. Declining investment flows to developing markets largely reflect weaker macroeconomic prospects, geopolitical tensions, as well as the lasting impact of the COVID-19 pandemic. The trend is also linked to the ongoing process of shifting global value chains and the transformation of investment in terms of modes of entry, sources, and sectors, among other dimensions. Growing climate change impacts, rising interest rates, and policy changes in advanced countries--such as incentives for green investments and localization of supply chains for key technologies--have also had far-reaching implications for the allocation of investment across the globe. The study seeks to provide a granular analysis of shifts in foreign direct investment flows and policy trends and suggests responses that developing countries may consider in order to reverse recent declines and to enable more private capital to support their development needs
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  • 34
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Keywords: Broadband Infrastructure ; Digital Divide ; Digitalization ; ICT Legal and Regulatory Framework ; Information and Communication Technologies ; Internet ; Outdated Legal Frameworks ; Broadband Infrastructure ; Digital Divide ; Digitalization ; Internet ; Outdated Legal Frameworks
    Abstract: Equitable access to broadband services is imperative to narrow the digital divide and for more people to benefit from digitalization. Compared to other ASEAN countries, the Philippines' internet connectivity lags in affordability, speed, and access, creating an uneven landscape for digital participation. Limited internet access curbs digital potential for citizens and businesses, with peri-urban connectivity being critical to future growth. The country's poor broadband infrastructure is rooted in outdated policy frameworks that stifle investment in rural areas and foster a market with weak competition, both of which hinder broadband expansion. Binding constraints underlying the Philippines' poor broadband infrastructure are inter-related, requiring a comprehensive package of reforms to yield desired entry, investment, and sector performance outcomes. The open access in data transmission (OADT) bill is a promising, viable start, among several proposals in Congress. Policymakers can build on immediate reforms through the open access bill as an entry point to broader and medium- to longer-term digital connectivity agenda. The cost of inaction - loss of growth opportunity, people remaining unequipped for future jobs, and widening of the digital divide - is too high for the Philippines
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  • 35
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Opinion Surveys
    Keywords: Accountability ; Attitudes ; Development Economics and Aid Effectiveness ; Effectiveness ; Governance ; International Governmental Organizations ; Macroeconomics and Economic Growth ; Participations and Civic Engagement ; Social Development ; Stakeholder Engagement ; World Bank Group Knowledge ; World Bank Group Strategy ; Accountability ; Attitudes ; Effectiveness ; Stakeholder Engagement ; World Bank Group Knowledge ; World Bank Group Strategy
    Abstract: The Country Opinion Survey in Ghana assists the World Bank Group (WBG) in better understanding how stakeholders in Ghana perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media, academia, the private sector, and civil society in Ghana on 1) their views regarding the general environment in Ghana; 2) their overall attitudes toward the WBG in Ghana; 3) overall impressions of the WBG's effectiveness and results, knowledge work and activities, and communication and information sharing in Ghana; and 4) their perceptions of the WBG's future role in Ghana
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  • 36
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: IEG Independent Evaluations and Annual Reviews
    Keywords: Finance and Development ; Finance and Financial Sector Development ; Financial Support ; IDA ; Jobs ; Labor Markets ; Reform ; Social Protections and Labor ; Financial Support ; Ida ; Jobs ; Labor Markets ; Reform
    Abstract: This evaluation is the first stage of the Independent Evaluation Group's assessment of the World Bank's support for more, better, and more inclusive jobs through International Development Association (IDA) financing, and it assesses the implementation of IDA-supported interventions directly supporting its jobs objectives across the three Replenishment cycles from fiscal years 2015 to 2022. Supporting the creation of more, better, and more inclusive jobs is critical towards achieving the goals of poverty reduction and shared prosperity in countries. This is especially true for countries that are eligible for International Development Association (IDA) financing. Since 2014, IDA has included jobs as a special theme, and subsequent IDA replenishments have had what this evaluation calls an 'IDA jobs strategy.' This strategy included explicit objectives, a series of policy commitments to achieve them, and results indicators to track them. This evaluation represents the first stage of the Independent Evaluation Group's assessment of the World Bank's performance in supporting more, better, and more inclusive jobs through IDA financing. It assesses the implementation of IDA-supported interventions that directly supported its jobs objectives across the three Replenishment cycles from fiscal years 2015 to 2022. The evaluation answers two questions: (i) To what extent IDA's strategy on jobs was grounded in sound analytics, adaptive, and operationally relevant (ii) To what extent the strategy has been translated into relevant and effective jobs interventions that directly address the objectives of more, better, and more inclusive jobs The scope of the evaluation is limited to the three main channels for achieving IDA jobs objectives: acting on labor demand, increasing labor supply, and improving labor market flexibility and geographic mobility. The report offers recommendations for further strengthening of the IDA jobs agenda towards the objective of supporting more, better, and more inclusive jobs
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  • 37
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: CEMAC ; Country Level ; Economic Forecasting ; Economic Outlook ; Macroeconomics and Economic Growth ; Cemac ; Country Level ; Economic Outlook
    Abstract: The CEMAC Economic Barometer is a World Bank publication that presents a snapshot of recent developments in and the economic outlook of the CEMAC region, followed by a brief assessment at the country level. The Economic Barometer also includes a focused technical section on a theme of regional relevance. This edition's special topic provides policy options for the CEMAC countries to take better advantage of future commodity price booms
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  • 38
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Health Sector Review
    Keywords: Health Economics and Finance ; Health Sector ; Health, Nutrition and Population ; International Financing ; Investments ; Ukraine ; Good Health And Well-being ; Health Sector ; International Financing ; Investments ; Sdg 3 ; Ukraine
    Abstract: The full-scale invasion of the Russian Federation in Ukraine has immense local impact and global consequences. Ukraine is experiencing huge human and economic suffering, which will have long-lasting effects. This war has been particularly devastating for the Ukrainian health sector, tremendously increasing the urgent need for specific services and simultaneously obstructing health outcomes and access to health care due to hostilities, disruption of service delivery, and damage and destruction of health facilities. Moreover, the recovery of Ukraine is shrouded in uncertainty as the duration of the ongoing war and the frequency and localization of the attacks are unknown, all occurring against the backdrop of economic challenges within the country and at a global scale. Despite an expected international effort to finance the recovery of Ukraine akin to the Marshall Plan, financial resources may not be easily available or may become more scarce and more expensive. Investments will receive more scrutiny, and competition for funds will increase due to monetary tightening, rising interest rates, and possibly sustained high inflation (International Monetary Fund 2022). However, in the short to medium term, Ukraine is expected to have favorable access to international financing on concessional terms. While Ukraine is struggling with the gruesome immediate impact of the war and a fight for survival, the shared understanding emerges that going back to business as usual will neither be possible nor desirable. This moment may also serve as a window of opportunity for rapid reform and innovation of health service delivery in Ukraine. Improving and reconstructing services while restoring and stabilizing them is critical to aiding a suffering population and to laying strong foundations of governance that will have lasting impacts into the country's future. This document provides a proposal for stakeholdersin the Ukrainian health sector on how service delivery may need to change, how to deal with this change, and how the health sector may come out stronger in the longer term. It focuses on the organization of health care service delivery and shares considerations of how it may develop using a long-term (10+ years) perspective
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  • 39
    Language: English
    Pages: 1 Online-Ressource (46 pages)
    Parallel Title: Erscheint auch als Kalliny, Marize Are Global Value Chains Women Friendly in Developing Countries? Evidence from Firm-Level Data
    Keywords: Firm-Level Data ; Gender ; Gender and Economics ; Gender and Law ; Gender and Trade ; Gender Monitoring and Evaluation ; Gendered Entrepreneur Data ; Global Value Chain ; Women's Empowerment ; Women's Trade Participation ; Firm-level Data ; Gender And Trade ; Gendered Entrepreneur Data ; Global Value Chain ; Women's Empowerment ; Women's Trade Participation
    Abstract: Despite the efforts made to increase women's inclusion in the economy, they are still underrepresented in trade in general and in global value chains in particular. Thus, this paper aims at examining the impact of global value chains on women's trade participation as entrepreneurs and employees. It also analyzes how this effect is moderated through external (gender provisions in trade agreements) and internal (investment climate variables) factors. The analysis uses firm-level data for 154 developing economies and emerging markets with a special focus on the Middle East and North Africa region, being one of the regions with the lowest female labor force participation. The main findings show that global value chains integration increases the likelihood of being a female owner and the share of female employees, especially production ones. A less robust negative effect is found for the impact on being a female top manager. These effects are moderated by the inclusion of gender provisions in trade agreements and by the characteristics of the investment climate (especially tax policy, access to finance, and corruption). These results remain robust after controlling for the endogeneity of global value chains using an instrumental variable approach and a propensity score estimation method where the treatment is being part of a global value chains. Thus, global value chains can be perceived as a tool that boosts women's empowerment in emerging economies, especially in the Middle East and North Africa region
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  • 40
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Opinion Surveys
    Keywords: Accountability ; Attitudes ; Development Economics and Aid Effectiveness ; Effectiveness ; Governance ; International Governmental Organizations ; Macroeconomics and Economic Growth ; Participations and Civic Engagement ; Social Development ; Stakeholder Engagement ; World Bank Group Knowledge ; World Bank Group Strategy ; Accountability ; Attitudes ; Effectiveness ; Stakeholder Engagement ; World Bank Group Knowledge ; World Bank Group Strategy
    Abstract: The Country Opinion Survey in Kenya assists the World Bank Group (WBG) in better understanding how stakeholders in Kenya perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media, academia, the private sector, and civil society in Kenya on 1) their views regarding the general environment in Kenya; 2) their overall attitudes toward the WBG in Kenya; 3) overall impressions of the WBG's effectiveness and results, knowledge work and activities, and communication and information sharing in Kenya; and 4) their perceptions of the WBG's future role in Kenya
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  • 41
    Language: English
    Pages: 1 Online-Ressource (27 pages)
    Parallel Title: Erscheint auch als Decerf, Benoit Lives, Livelihoods, and Learning: A Global Perspective on the Well-Being Impacts of the COVID-19 Pandemic
    Keywords: Communicable Diseases ; Covid ; Education ; Health and Poverty ; Health, Nutrition and Population ; Learning ; Mortality ; Poverty ; School Health ; Welfare ; Covid ; Good Health And Well-being ; Learning ; Mortality ; No Poverty ; Poverty ; Quality Education ; Sdg 1 ; Sdg 3 ; Welfare
    Abstract: This study compares the magnitude of national level losses that the COVID-19 pandemic inflicted across three critical dimensions: loss of life, loss of income, and loss of learning. The well-being consequences of excess mortality are expressed in years of life lost, while those of income losses and school closures are expressed in additional years spent in poverty (as measured by national poverty lines), either currently or in the future. While 2020-21 witnessed a global drop in life expectancy and the largest one-year increase in global poverty in many decades, widespread school closures may cause almost twice as large an increase in future poverty. The estimates of well-being loss for the average global citizen include a loss of almost three weeks of life (19 days), an additional two and half weeks spent in poverty in 2020 and 2021 (17 days), and the possibility of an additional month of life in poverty in the future due to school closures (31 days). Well-being losses are not equitably distributed across countries. The typical high-income country suffered more total years of life lost than additional years in poverty, while the opposite holds for the typical low- or middle-income country. Aggregating total losses requires the valuation of a year of life lost vis-a-vis an additional year spent in poverty. If a year of life lost is valued at five or fewer additional years spent in poverty, low-income countries suffered greater total well-being loss than high-income countries. For a wide range of valuations, the greatest well-being losses fell on upper-middle-income countries and countries in the Latin America region. This set of countries suffered the largest mortality costs as well as large losses in learning and sharp increases in poverty
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  • 42
    Language: English
    Pages: 1 Online-Ressource (26 Seiten) , Diagramme
    Series Statement: Policy Research Working Paper 10725
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Lain, Jonathan Comparing Internally Displaced Persons with those Left Behind: Evidence from the Central African Republic
    Keywords: Vertreibung ; Armut ; Lebensbedingungen ; Politischer Konflikt ; Innenpolitik ; Armed Conflict ; Central African Republic ; Communities and Human Settlements ; Conflict ; Conflict and Development ; Displacement ; Human Migrations and Resettlements ; Poverty ; Poverty Diagnostics ; Poverty Reduction ; Zentralafrikanische Republik ; Central African Republic ; Conflict ; Displacement ; Poverty
    Abstract: Global poverty is increasingly becoming concentrated in conflict-affected settings. Therefore, assessing the welfare of those people displaced by conflict is of growing policy importance. Collecting and analyzing data on displaced people is challenging because sampling them is difficult, standard welfare metrics may not reflect their experiences, and they are highly heterogeneous. Assessing the welfare effects of displacement also hinges on constructing counterfactuals that show how internally displaced persons would have fared had they stayed in place. Displaced people typically come from a nonrandom subset of communities affected by conflict or other shocks, so comparing them with the rest of the population may be misleading. This paper addresses this issue using data from the Central African Republic, which recorded detailed information on displacement histories to isolate the communities from which those living in internally displaced person camps originated. Using these "catchment areas" for internally displaced person camps as a counterfactual suggests that although displaced households have lower monetary consumption and higher monetary poverty than the overall population, they may be no worse off on many key metrics than those left behind in the communities originally affected by conflict. Moreover, those left behind enjoy none of the benefits of being in camps, such as additional access to water and sanitation services. These results underline the importance of tailoring policies and data collection to consider those in communities originally affected by conflict, just as practitioners are doing for displaced populations
    Note: Literaturverzeichnis, Literaturhinweise, Annex, Tabellen
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  • 43
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Financial Sector Study
    Keywords: Consumer Protection ; Consumer Protection Law ; Corruption and Anticorruption Law ; Finance and Development ; Finance and Financial Sector Development ; Financial Capability ; Financial Consumer Protection ; Law and Development ; Social Protections and Assistance ; Social Protections and Labor ; Consumer Protection ; Consumer Protection Law ; Financial Capability ; Financial Consumer Protection
    Abstract: The 2022 Global State of Financial Inclusion and Consumer Protection (FICP) Report is an update to the 2013 and 2017 FICP reports. These surveys aim to provide a timely source of global data to benchmark efforts by financial sector authorities to improve the enabling environment for financial inclusion and consumer protection. To date, this is the only longitudinal and global survey of this nature. As such, this report serves as a valuable resource to shape the World Bank's country engagements, a reference document for regulators and supervisors and, finally, a tool for both public and private sector actors with an interest in knowing the developments in this sector. The Survey questionnaire covers key topics related to financial inclusion and financial consumer protection (FCP) and aligns with international guidance to financial sector authorities in these areas. Because the report aims to capture both a snapshot as well as trends over time, the survey questionnaire has been modified over the three cycles to reflect the changing policy and regulatory landscape of financial inclusion and consumer protection
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  • 44
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Climate and Development Reports (CCDRs)
    Keywords: Adaptation To Climate Change ; Climate Change Adaptation ; Economic Growth ; Environment ; Finance ; Inlcusive Growth ; Macroeconomics and Economic Growth ; Poverty Reduction ; Resilience ; Climate Change Adaptation ; Finance ; Inlcusive Growth ; Poverty Reduction ; Resilience
    Abstract: This Country Climate and Development Report (CCDR) examines Liberia's development trajectory through the lens of the country's vulnerability to climate change. It identifies Liberia's development risks and opportunities, models various scenarios of climate impact and intervention, and proposes ways to strengthen resilience and finance climate actions that support Liberia's development aspirations of inclusive growth and poverty reduction
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  • 45
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Demographics ; Family Planning Research ; Female Education ; Gender ; Gender and Education ; Health, Nutrition and Population ; High Fertility Rates ; High Population Growth ; Human Capital ; Mortality ; Population Policies ; Women's Agency ; Agribusiness ; Energy Access ; Health ; Ict And Social Accountability ; Water Management Structures
    Abstract: Tanzania has managed to sustain its growth momentum despite the intensifying effects of climate change. While Tanzania's economy continues to expand, recent growth has been concentrated in sectors that employ few workers from poor households, limiting its impact on poverty. The Bank of Tanzania (BoT) has implemented an effective monetary policy designed to curb inflation and alleviate mounting short-term demand pressure on foreign exchange. While Tanzania's recovery continues to accelerate, several serious threats cloud its economic outlook. Key risks include the slow or incomplete implementation of structural reforms, the damaging effects of climate change on the agriculture and tourism sectors, and the possibility of a global recession caused by fiscal and monetary policy tightening in advanced economies and major EMDEs. To mitigate these risks, policymakers must accelerate structural reforms as part of a sustained effort to attract greater private investment and spur resilient and inclusive private-sector-led growth. Over the longer term, one of the country's key challenges will be to complete its structural economic transformation, which will require creating a more favorable business climate to support the growth of the industrial and services sectors while boosting agricultural productivity. Another key long-term growth challenge will be achieving more balanced and inclusive growth
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  • 46
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Risk and Vulnerability Assessment
    Keywords: Access To Finance ; CPGA ; Environment ; Finance and Financial Sector Development ; Financial Preparedness ; Natural Disasters ; Primary Response ; Risk ; Social and Livelihood Support ; Social Protections and Assistance ; Social Protections and Labor ; Cpga ; Financial Preparedness ; Primary Response ; Risk ; Social And Livelihood Support
    Abstract: Crisis preparedness is cral to preventing shocks from becoming crises. Investments in ex ante preparedness are especially relevant in countries like Nepal that face high levels of exposure and vulnerability to a range of risks. In seeking to identify opportunities to strengthen the Government of Nepal's (GoN's) capacity to prepare for crisis events in an effective and timely manner, this Technical Annex presents findings from the application of the Crisis Preparedness Gap Analysis (CPGA) diagnostic in the country. It provides details on findings and entry points across the five componnts of crisis preparedness. For a summary, please refer to the accompanying CPGA Nepal Briefing Note. Following a brief description of the CPGA methodology, the Technical Annex presents a summary of findings from each CPGA component alongside identification of entry points and opportunities to strengthen crisis preparedness in the country. To provide a holistic assessment of preparedness, the CPGA focuses on five core components of crisis preparedness. These are (i) Legal and Institutional Foundations, (ii) Understanding and Monitoring Risks, (iii) FinancialPreparedness, (iv) Primary Response, and (v) Social and Livelihood Support
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  • 47
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Energy Study
    Keywords: Anchoring and Mooring ; Energy ; Energy Resources Development ; Energy Yield ; Environment ; Environment and Energy Efficiency ; Floating Solar Photovoltaics ; FSPV Ecosystem ; HSE ; Inverter ; Power Plants ; Anchoring And Mooring ; Energy Yield ; Floating Solar Photovoltaics ; Fspv Ecosystem ; Hse ; Inverter ; Power Plants
    Abstract: This report builds a compelling case for India to look beyond land and institute an ecosystem that supports the installation and operationalization of floating solar photovoltaics (FSPV) power plants. Since these plants are installed on the underutilized surfaces of large water bodies, no land needs to be diverted from other uses. The installation of FSPVs also spurs job creation and catalyzes the development of a domestic value chain as some of the components, such as floaters, need to bemanufactured close to installation sites. They also provide a range of other benefits as they generate relatively more power than ground-mounted solar plants (due to the cooling effect of water) and better utilize shared infrastructure such as transmission systems, wherever available
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  • 48
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Financial Sector Study
    Keywords: Equity ; Fiscal and Monetary Policy ; Fiscal Interventions ; Fiscal Policy ; Macroeconomics and Economic Growth ; Policy Reforms ; Equity ; Fiscal Interventions ; Fiscal Policy ; Policy Reforms
    Abstract: The Lao People's Democratic Republic (Laos) is facing economic challenges. The country is experiencing a growth slowdown with high levels of public debt. Growing current expenditure and debt service obligations amid sluggish tax revenue led to a widening fiscal deficit in the early 2010s, which remained high into the 2020s despite fiscal consolidation efforts. COVID-19 and deteriorating macroeconomic conditions have disrupted human capital investment and are expected to have worsened the incidence of poverty and inequality. Fiscal policy can be an instrument to address these challenges, but its role has been constrained by a precarious fiscal position. This report analyzes the distributive effects of the Lao fiscal system and potential reforms to address current economic challenges. The analysis adopts the Commitment to Equity (CEQ) methodology to assess the distributional impact of the Lao fiscal system on household welfare. The methodology disaggregates income to include or exclude fiscal interventions to analyze the impact of the fiscal system and each intervention on poverty and inequality. Fiscal interventions can be classified into three categories according to how they are imposed on households: direct interventions (direct taxes, social security contributions, and cash transfers), indirect interventions (indirect taxes and subsidies), and in-kind interventions (public health and education). The framework assesses how progressive a fiscal system and each fiscal intervention are and measures their impacts on poverty and inequality
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  • 49
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Risk and Vulnerability Assessment
    Keywords: Conflict and Development ; Damages ; Earthquake ; Environment ; Grade Methodology ; Herat Province ; Natural Disasters ; Damages ; Earthquake ; Grade Methodology ; Herat Province
    Abstract: Following the Herat province (Western Afghanistan) earthquake sequence of October 7 to 15, 2023, the World Bank carried out a remote desk-based assessment of the physical damages using the Global RApid post-disaster Damage Estimation (GRADE) methodology. The objective of the assessment is to develop a model-based estimate of the direct physical (economic) damages to residential buildings (houses), non-residential buildings (e.g., education, health, worship, commercial, industrial assets) and infrastructure (e.g., transport, power, water, telecommunications), and to evaluate the spatial distribution of damages in order to support the development of a roadmap for recovery and reconstruction. This report summarizes the key findings of the assessment
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  • 50
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Crisis ; Sahel ; Shocks ; Social Protection ; Social Protections and Assistance ; Social Protections and Labor ; Crisis ; Sahel ; Shocks ; Social Protection
    Abstract: The Sahel region of Africa faces multiple crises, which further compound structural economic and human development challenges. The Sahel is one of the world's poorest regions and displays some of the lowest levels of human capital globally. Violence and insecurity in the Sahel have significantly increased in the past decade, with several countries experiencing active armed conflict and unrest. The impacts of climate change compound existing vulnerabilities and risks. Finally, the external shocks of the COVID-19 pandemic and the war in Ukraine have impacted the Sahel, eroding purchasing power and aggravating poverty. Adaptive Social Protection (ASP) plays a critical role in preventing or mitigating the negative impacts of shocks and boosting resilience for long-term development. ASP has emerged as a flexible and dynamic approach to social protection during the past decade. It combines and exploits synergies between social protection, disaster risk management (DRM), and climate change adaptation. Adaptive Social Protection (ASP) plays a critical role in preventing or mitigating the negative impacts of shocks and boosting resilience for long-term development. The Sahel's vulnerability and exposure to shocks and crises is set to increase with accelerating climate change, calling for a shift from often externally funded, ad hoc responses toward building sustainable, government-led system. Over the past decade, ASP has been on a remarkable trajectory in the Sahel, and this is an appropriate time to take stock of the situation. This report provides an overview of the state of ASP across six Sahelian countries - Burkina Faso, Chad, Mali, Mauritania, Niger, and Senegal - as well as a set of recommendations for actions to strengthen the adaptiveness and responsiveness of existing systems to shocks
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  • 51
    Language: English
    Pages: 1 Online-Ressource (36 pages)
    Parallel Title: Erscheint auch als Gatti, Roberta Dysfunctional Family Management: Family-Managed Businesses and the Quality of Management Practices
    Keywords: Business Environment ; Family Owned Businesses ; Management Practices ; Managerial Talent ; Private Equity ; Private Sector ; Private Sector Development ; Family Owned Businesses ; Management Practices ; Managerial Talent ; Private Equity ; Private Sector
    Abstract: Better managed firms perform better. Existing evidence has shown that family-managed firms have poorer management practices. Several reasons have been proposed. Limiting to family members reduces the talent pool of potential managers. Family management creates disincentives for other talented workers given that the environment is not meritocratic. Family managers themselves may be less motivated given that they may not have to compete for the position. This study scales up the evidence by exploring the relationship between family managers and management practices for about 9,000 medium and large firms across 41 developing and advanced economies. The study contributes to the literature by investigating several internal and external operating factors that attenuate or accentuate the relationship between family management and the quality of management practices. The engagement of governments in terms of corruption and political connections is found to be influential
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  • 52
    Language: English
    Pages: 1 Online-Ressource (34 pages)
    Parallel Title: Erscheint auch als Himelein, Kristen Implications of Choice of Second Stage Selection Method on Sampling Error and Non-Sampling Error: Evidence from an IDP Camp in South Sudan
    Keywords: Cross-Sectional Household Survey ; Displacement ; Economic Theory and Research ; Estimation ; Household Survey Design ; Macroeconomics and Economic Growth ; Microeconomic Data ; Poverty Reduction ; Social Development ; Survey and Sampling Methods ; Voluntary and Involuntary Resettlement ; Cross-sectional Household Survey ; Displacement ; Estimation ; Household Survey Design ; Microeconomic Data ; Survey And Sampling Methods
    Abstract: The most common sampling approach for cross-sectional household surveys in the developing world is a stratified two-stage design, where the first stage is usually a sample from a census-based area frame, and the second stage is a random sample of households from each of the areas selected in the first stage. To overcome the problem of outdated census frame information, it is common to conduct a household listing operation within these areas. However, these listing operations come with severe implications for survey costs, timeframe, as well as quality. To avoid such second-stage operations, some surveys choose alternate approaches for their second-stage operation. This paper compares five of these approaches, namely, satellite mapping, segmentation, grid square, the north method, and random walk, through simulations based on a census conducted in a refugee camp in South Sudan. The paper compares the simulated approach with the estimates derived from the actual experiment and finds that all the resulting estimates are biased. Nevertheless, in addition to their practical challenges, the satellite mapping, segmentation, and grid square approaches exhibit the smallest bias. Although random walk shows the worst performance in the simulations, it regains ground in its implementation, especially vis-a-vis the north method, where implementation adds most significantly to its bias. In conclusion, most probability-based methods perform better than non-probability methods like random walk and are therefore preferrable when no traditional household listing can take place. Although it is important to consider the theoretical properties of sampling approaches, implementation is at least as important. Training, implementation modalities, and monitoring of compliance are key factors in the overall performance
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  • 53
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Social Analysis
    Keywords: Acceleration ; Human Capital ; Life Cycle ; Multisectoral Framework ; Policies ; Social Assessment ; Social Development ; Social Protections and Labor ; Acceleration ; Human Capital ; Life Cycle ; Multisectoral Framework ; Policies
    Abstract: South Africa's economic growth and development agenda and to present a harmonized approach for investing in priority areas for human capital formation. The policy note first presents an in-depth diagnostic of the status of human capital in the country, applying a life cycle approach. The life cycle approach places a strong emphasis on investing in human capital development holistically, involving all relevant sectors, and as a continuum, following the trajectory of an individual's life. Focus is given to three critical stages of an individual's life, (i) early childhood; (ii) school age; and (iii) youth to adulthood. Based on the findings of the analysis, the policy note identifies the priority challenges and proposes a framework for action. The findings of this policy note aim to serve as a basis for a much-needed dialogue across key relevant government entities, including sector departments such as the Department of Health, the Department of Basic Education, the Department of Higher Education and Training, Department of Social Development, and others, such as National Treasury, Department of Planning, Monitoring and Evaluation, the Office of the Presidency as well as provincial government departments, on how best to invest in human capital, both in the short and medium-to-long term. The note could also be used to inform a range of stakeholders, including civil society, development partners, and the private sector of the human capital development challenges in South Africa and how certain gaps could be addressed through better coordination of interventions. Lastly, the note aims to motivate further research on key areas where there are information and knowledge gaps on human capital in South Africa
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  • 54
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other ESW Reports
    Keywords: Finance and Financial Sector Development ; Matching Grants ; Mutual Funds ; Science and Technology Development ; Tech Incubator Program for Startup ; Technology Innovation ; Tips ; Matching Grants ; Tech Incubator Program For Startup ; Tips
    Abstract: This report investigates the case of a Korean public-private matching grant program called the Tech Incubator Program for Startup (TIPS). Launched in 2013, the program provides a package of support to selected startups, including matching grant for research and development (R and D) and mentorship, for up to three years. After ten years in operation, TIPS is particularly well suited to answer the question of whether public funding can help startups innovate and subsequently improve their performance. Using a dataset that includes 1,650 startups that applied for TIPS between 2013 and 2020, this research analyzes the effects of TIPS on recipients' performance and offers empirical evidence to inform entrepreneurship policy. The results show that TIPS positively affected startup performance one year after selection in terms of innovation input and output, although it did not have a significant effect on revenue or research collaboration activities. The report concludes with five lessons derived from Korea's policy experience in designing and implementing TIPS: (i) a well-designed coordination mechanism may serve as a viable public-private partnership model for fostering innovative startups, (ii) a co-investment model can crowd in private investment and achieve a multiplier effect by reducing the risk of investment in early-stage startups, (iii) complementary supports that target different stages of the startup lifecycle are needed, (iv) patient capital and continuity in entrepreneurial policy with a long-term view are key to nurturing a vibrant entrepreneurial ecosystem, and (v) constant engagement with beneficiaries through data collection and monitoring enables the development of a dynamic monitoring and evaluation mechanism
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  • 55
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Childcare ; Early Childhood Development ; Education ; Legal Framework ; Policies ; Services Mapping ; Social Protections and Assistance ; Social Protections and Labor ; Childcare ; Legal Framework ; Policies ; Services Mapping
    Abstract: The "Comprehensive Assessment of the Childcare Landscape in Lebanon: A Mixed Methods Study" analyzes the supply and demand of formal childcare services for children aged 0-3. It provides a review of Lebanon's regulatory and institutional framework around childcare, maps out the current supply of services including cost and quality aspects, and deepens the understanding of households' childcare needs. Findings show that there is a mismatch between supply and demand, with a gap in provision for the youngest children and that supply is mostly private, costly, and concentrated in coastal areas. Childcare responsibilities limit women's ability to join the labor force, and affordability is a main constraint for families to access services, resulting in low demand for formal childcare. The study proposes measures for an inclusive expansion of quality and affordable childcare services in four areas: (i) an enabling environment for efficient, affordable provision of quality childcare services, (ii) a more equitable distribution of the unpaid care work burden within the household, (iii) improved State support to address households' care needs, and (iv) inclusive family-friendly workplace conditions in the private sector
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  • 56
    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 ; Cash Transfer Program ; Commitment To Equity ; Comparative Analysis ; Fiscal Policy ; Indirect Taxes ; Inequality 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
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  • 57
    Language: English
    Pages: 1 Online-Ressource (49 pages)
    Parallel Title: Erscheint auch als Gascoigne, Jon The Welfare Cost of Drought in Sub-Saharan Africa
    Keywords: Climate Change ; Climate Change and Health ; Draught ; Health, Nutrition and Population ; Household Consumption ; Social Aspects of Climate Change ; Social Development ; Social Protection and Climate Change ; Climate Change ; Draught ; Household Consumption ; Social Protection And Climate Change
    Abstract: This paper quantifies the impact of drought on household consumption for five main agroecological zones in Africa, developing vulnerability (or damage) functions of the relationship between rainfall deficits and poverty. Damage functions are a key element in models that quantify the risk of extreme weather and the impacts of climate change. Although these functions are commonly estimated for storm or flood damages to buildings, they are less often available for income losses from droughts. The paper takes a regional approach to the analysis, developing standardized hazard definitions and methods for matching hazard and household data, allowing survey data from close to 100,000 households to be used in the analysis. The damage functions are used to quantify the impact of historical weather conditions on poverty for eight countries, highlighting the risk to poverty outcomes that weather variability causes. National poverty rates are 1-12 percent higher, depending on the country, under the worst weather conditions relative to the best conditions observed in the past 13 years. This amounts to an increase in the total poverty gap that ranges from USD 4 million to USD 2.4 billion (2011 purchasing power parity)
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  • 58
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (34 pages)
    Parallel Title: Erscheint auch als Ambler, Kate Rural Labor and Long Recall Loss
    Keywords: Employment and Unemployment ; Labor Supply ; Poverty Reduction ; Rural Household Survey ; Rural Labor ; Social Protections and Labor ; Unemployment ; Labor Supply ; Rural Household Survey ; Rural Labor ; Unemployment
    Abstract: Surveys frequently rely on annual recall to capture individuals' labor activities over the preceding year. This paper uses a panel of rural households in Malawi for a survey experiment to test the effect of a long, annual recall window on reported labor supply relative to a set of quarterly interviews. The paper documents large losses in reported labor participation using the long recall window with reductions of over 20 percent of reported activities and months worked and a 2.5 times greater incidence of reported unemployment relative to the shorter window. These losses are greater for activities further in the past and especially for individuals whose labor supply is reported by other family members, reaching up to 50 percent for some outcomes. The profile of households' primary respondents, predominantly male and older, and differential effects by age further suggest that long recall may cause meaningful biases in the resulting data for women and younger household members
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  • 59
    Language: English
    Pages: 1 Online-Ressource (50 pages)
    Parallel Title: Erscheint auch als Patino Pena, Fausto The Role of Firm Dynamics in Aggregate Productivity, Job Flows, and Wage Inequality in Ecuador
    Keywords: Aggregate Productivity ; Employment and Unemployment ; Finance and Development ; Finance and Financial Sector Development ; Firm Performance ; Job Flows ; Social Protections and Labor ; Wage Inequality ; Aggregate Productivity ; Firm Performance ; Job Flows ; Wage Inequality
    Abstract: This paper examines the role of firm dynamics in aggregate total factor productivity, job flows, and wage inequality in Ecuador. Utilizing a comprehensive employer-employee dataset, the paper documents firm dynamics and job flow patterns that are consistent with the presence of market distortions. Also, the paper identifies factor misallocation as the main contributor to Ecuador's total factor productivity deceleration. Given these trends, the paper explores allocative inefficiency drivers through firm- and industry-level regressions. Firms in the top productivity quintile face distortive non-wage labor costs that are 3.7 times higher than the bottom quintile, after controlling for firm size and age. The findings also provide evidence of credit misallocation across firms. Additionally, industries with higher job mobility, credit access, and competition and lower non-wage labor costs, minimum wage incidence, and zombie firms demonstrate higher allocative efficiency. Moreover, worker-level regressions indicate that misallocation drivers explain up to 41 percent of wage inequality, with non-wage labor costs and product market frictions as distortions driving this inequality
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  • 60
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Risk and Vulnerability Assessment
    Keywords: Conflict and Development ; Disaster Management ; Earth Observation ; Environment ; ICT Applications ; ICT Data and Statistics ; Information and Communication Technologies ; Natural Disasters ; Natural Hazards ; World Settlement Footprint (WSF) ; Earth Observation ; Natural Hazards ; World Settlement Footprint (wsf)
    Abstract: Earth observation is a crucial source of accurate and up-to-date information of Earth's natural and manmade environments that are critical when planning for, responding to, and mitigating the effects of natural hazards. Satellites that regularly collect images of the entire globe combined--with machine learning algorithms to process them more efficiently--have the potential to provide timely, standardized, verifiable, and scalable information. This report focuses on the use of Earth observation to identify built-up areas exposed to natural hazards. It describes the World Settlement Footprint (WSF) suite of derived datasets, developed by the German Aerospace Center (DLR) in collaboration with the European Space Agency (ESA), the Google Earth Engine team, and the World Bank. These gridded datasets capture the extent of built-up areas from 1985-2015 and again for 2019, estimated building heights, impervious surfaces, and estimated population. Earth observation derived information is particularly useful for standardized and recurring World Bank operations. The report looks at several World Bank operations, and the key insights provided through analysis incorporating the various WSF suite products
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  • 61
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Education ; Education For All ; Employment ; Employment and Unemployment ; Human Capital ; Poverty ; Poverty Reduction ; Skills Development and Labor Force Training ; Social Protections and Labor ; UMI Countries ; Central America ; Employment ; Human Capital ; No Poverty ; Quality Education ; Sdg 1 ; Sdg 4 ; Umi Countries
    Abstract: This Human Capital Review aims to provide analytical foundations in the support of policies that improve human capital outcomes for the following four UMI countries in Central America: Costa Rica, Guatemala, Panama, and the Dominican Republic. The objective of this report is to identify the key constraints to human capital growth and understand how education and labor market policies can foster a resilient recovery, promote inclusive growth, and contribute to poverty reduction in these countries. The review also estimates the impact of the COVID-19 pandemic on human capital outcomes using a multi-sectoral approach. The analysis compares human capital outcomes in the decade before the COVID-19 pandemic (2010-2019) against trends during the pandemic (2020-2021). Lastly, the report focuses on these four countries, which are the only UMI in Central America to take advantage of new data collected during the pandemic, which allowed to quantify some of the impacts of COVID-19 and understand some of their long-term implications for human development outcomes
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  • 62
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Keywords: Education ; Financial Economics ; Fiscal Policy ; Fiscal Risks ; Footprint ; Macroeconomics and Economic Growth ; Non-Oil Revenue ; Quasi-Fiscal Activities ; SNG ; Education ; Fiscal Policy ; Fiscal Risks ; Footprint ; Non-oil Revenue ; Quasi-fiscal Activities ; Sng
    Abstract: The first three chapters of the PFR review the core fiscal policy and revenue mobilization issues. Chapter 1 discusses the fiscal landscape, fiscal framework, and progressivity of fiscal policy. Chapter 2 looks at the footprint of quasi-fiscal activities, which affects the overall fiscal stance and exposes certain fiscal risks. Chapter 3 discusses the stagnation in non-oil revenue and collection across taxes and outlines reform options to improve the tax regime. This PFR also covers education and social protection spending, constituting about 42 percent of generalgovernment budget spending, and is critical for Kazakhstan's social agenda and long-term development goals. Chapter 4 analyzes the efficiency of public spending on education, discusses challenges in delivering equitable access to quality education, and offers options for enhancing spending effectiveness through institutional and policy changes. Chapter 5 discusses the efficiency and effectiveness of spending on the social protection system, particularly the coverage and targeting of social assistance programs, issues in implementing active labor market programs, and challenges in delivering social insurance. Because of data constraints, this PFR excludes analysis on social benefits, pensions, and the State Social Insurance Fund. The last two chapters cover the core system of public-finance management issues on budgeting and inter-governmental fiscal relations. Chapter 6 considers options for further improving budgeting, planning, and monitoring to deliver better fiscal outcomes for inclusive and resilient growth. While Chapter 7 examines emerging subnational fiscal issues and options to simplify and improve certainty in the transfer mechanism from central to SNGs and within the SNG hierarchy
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  • 63
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Opinion Surveys
    Keywords: Accountability ; Effectiveness ; Macroeconomics and Economic Growth ; Social Accountability ; Social Development ; Stakeholder Engagement ; World Bank Group Strategy ; Accountability ; Effectiveness ; Stakeholder Engagement ; World Bank Group Strategy
    Abstract: The Country Opinion Survey in the Kyrgyz Republic assists the World Bank Group (WBG) in better understanding how stakeholders in the Kyrgyz Republic perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media, academia, the private sector, and civil society in the Kyrgyz Republic on 1) their views regarding the general environment in the Kyrgyz Republic; 2) their overall attitudes toward the WBG in the Kyrgyz Republic; 3) overall impressions of the WBG's effectiveness and results, knowledge work and activities, and communication and information sharing in the Kyrgyz Republic; and 4) their perceptions of the WBG's future role in the Kyrgyz Republic
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  • 64
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    ISBN: 9781464820632
    Language: English
    Pages: 1 Online-Ressource (178 pages)
    Series Statement: Women, Business and the Law
    Parallel Title: Erscheint auch als
    Keywords: Discrimination ; Domestic Violence ; Empowering Women ; Equal Rights ; Gender Disparities ; Gender Equality ; Gender Inequality ; Women ; Women's Rights ; Entrepreneurship ; Gender Gap ; Global Workplace ; Implementation Gap ; Lack Of Enforcement ; Legal Rights ; Nationality Rights ; Pay ; Retirement ; Safety And Childcare ; Women
    Abstract: Women, Business and the Law 2024 is the 10th in a series of annual studies measuring the enabling conditions that affect women's economic opportunity in 190 economies. To present a more complete picture of the global environment that enables women's socioeconomic participation, this year Women, Business and the Law introduces two new indicators--Safety and Childcare--and presents findings on the implementation gap between laws (de jure) and how they function in practice (de facto). This study presents three indexes: (1) legal frameworks, (2) supportive frameworks (policies, institutions, services, data, budget, and access to justice), and (3) expert opinions on women's rights in practice in the areas measured. The study's 10 indicators--Safety, Mobility, Workplace, Pay, Marriage, Parenthood, Childcare, Entrepreneurship, Assets, and Pension--are structured around the different stages of a woman's working life. Findings from this new research can inform policy discussions to ensure women's full and equal participation in the economy. The indicators build evidence of the critical relationship between legal gender equality and women's employment and entrepreneurship. Data in Women, Business and the Law 2024 are current as of October 1, 2023. wbl.worldbank.org
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  • 65
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Equitable Growth, Finance and Institutions Insight
    Keywords: Fiscal Capacity Estimation ; Fiscal Policy ; Intergovernmental Transfers ; Macroeconomics and Economic Growth ; Subnational Tax Effort ; Tax Reform ; Taxation and Subsidies ; Fiscal Capacity Estimation ; Fiscal Policy ; Intergovernmental Transfers ; Subnational Tax Effort ; Tax Reform
    Abstract: This paper discusses the application of the conceptual framework for potential revenue estimation using Indonesia's existing macroeconomic indicators. The authors find that Gross Regional Domestic Product (GRDP), population, and urbanization rate are good predictors for most tax sources. These three indicators also predicted the total district's OSRs well, providing an empirical foundation for an aggregated macro-based model to estimate all OSRs using the abovementioned variables. The rest of the paper is structured as follows: section 1 provides a description of Indonesia's system of intergovernmental transfers and subnational taxation. It shows subnational fiscal reliance on transfers rather than OSRs. Section 2 makes the case for reforming the DAU formula and explains recent efforts by the Government of Indonesia on that front. Section 3 discusses the limited existing empirical literature on estimating potential revenues for transfers formula. Section 4 explains and applies our conceptual framework for potential revenue estimation. It also provides the empirical justification to use an aggregated approach to estimation rather than estimating each individual tax base. Section 5 applies the aggregated approach to estimating potential revenues. Section 6 discusses the equity implications and makes the case for using district fixed effects. Finally, section 7 provides a conclusion of this paper
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  • 66
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Risk and Vulnerability Assessment
    Keywords: Cyclonic Storm ; Environment ; Grade Methodology ; Natural Disasters ; Rakhine State ; Social Protections and Assistance ; Social Protections and Labor ; Cyclonic Storm ; Grade Methodology ; Rakhine State
    Abstract: Extremely severe cyclonic storm Mocha made landfall as a Category 4-equivalent cyclone in the Saffir-Simpson hurricane wind scale on Sunday May 14, 2023, at 07:07 UTC (14:07 local time) around Sittwe city, the capital of Rakhine State, Myanmar. Given the fragile and conflict-affected situation with limited access in Myanmar, the World Bank has adopted the Global RApid post-disaster Damage Estimation (GRADE) methodology to estimate damages arising from Cyclone Mocha. GRADE is a remote, desktop analysis to estimate damage to capital stock. This report summarizes the results of the GRADE conducted to assess damages following the impact of Extremely severe cyclonic storm Mocha in Myanmar during May 2023
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  • 67
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Opinion Surveys
    Keywords: Accountability ; Attitudes ; Development Economics and Aid Effectiveness ; Effectiveness ; Governance ; International Governmental Organizations ; Macroeconomics and Economic Growth ; Participations and Civic Engagement ; Social Development ; Stakeholder Engagement ; World Bank Group Knowledge ; World Bank Group Strategy ; Accountability ; Attitudes ; Effectiveness ; Stakeholder Engagement ; World Bank Group Knowledge ; World Bank Group Strategy
    Abstract: The Country Opinion Survey in Mongolia assists the World Bank Group (WBG) in better understanding how stakeholders in Mongolia perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media, academia, the private sector, and civil society in Mongolia on 1) their views regarding the general environment in Mongolia; 2) their overall attitudes toward the WBG in Mongolia; 3) overall impressions of the WBG's effectiveness and results, knowledge work and activities, and communication and information sharing in Mongolia; and 4) their perceptions of the WBG's future role in Mongolia
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  • 68
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Opinion Surveys
    Keywords: Accountability ; Attitudes ; Development Economics and Aid Effectiveness ; Effectiveness ; Governance ; International Governmental Organizations ; Macroeconomics and Economic Growth ; Participations and Civic Engagement ; Social Development ; Stakeholder Engagement ; World Bank Group Knowledge ; World Bank Group Strategy ; Accountability ; Attitudes ; Effectiveness ; Stakeholder Engagement ; World Bank Group Knowledge ; World Bank Group Strategy
    Abstract: The Country Opinion Survey in Guinea assists the World Bank Group (WBG) in better understanding how stakeholders in Guinea perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media, academia, the private sector, and civil society in Guinea on 1) their views regarding the general environment in Guinea; 2) their overall attitudes toward the WBG in Guinea; 3) overall impressions of the WBG's effectiveness and results, knowledge work and activities, and communication and information sharing in Guinea; and 4) their perceptions of the WBG's future role in Guinea
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  • 69
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: IEG Independent Evaluations and Annual Reviews
    Keywords: Conflict and Fragility ; CPE ; Development Economics and Aid Effectiveness ; Drought and Climate Shocks ; Macroeconomics and Economic Growth ; Mavroeconomic Vulnerabilities ; Unsustainable Development ; Weak Business Environment ; Conflict And Fragility ; Cpe ; Drought And Climate Shocks ; Mavroeconomic Vulnerabilities ; Unsustainable Development ; Weak Business Environment
    Abstract: The objective of this Country Program Evaluation (CPE) is to assess how well the World Bank Group supported Ethiopia in addressing key challenges that constrained its development and how that support adapted over time to respond to changing circumstances, an evolving relationship, and lessons from experience. The evaluation will cover fiscal years (FY)13-23. The time period is selected to include the last two Bank Group strategies to support Ethiopia and coincides with the period of theprevious two political administrations. The evaluation aims to inform the next Bank Group-supported Country Partnership Framework (CPF) for Ethiopia expected in FY25
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  • 70
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Legal and Judicial Sector Assessment
    Keywords: Access To Justice ; Cameroon ; Data Gap ; Ethiopia ; Gender and Marital Gaps ; Law and Development ; Legal Reform ; Legal System ; Sierra Leone ; Social Protections and Assistance ; Social Protections and Labor ; Zanzibar ; Access To Justice ; Cameroon ; Data Gap ; Ethiopia ; Gender And Marital Gaps ; Legal System ; Sierra Leone ; Zanzibar
    Abstract: Limited access to justice is a root cause of underdevelopment, social unrest, and conflict. Expanding access to all and especially vulnerable groups including women, the young, small business owners and the poor is clearly paramount for a peaceful and prosperous continent. Justice means different things to different people, particularly the multiple actors who design and administer justice systems and affect the outcomes. Elected leaders eager to respect aspirations for a fair society with human rights and accountable governance. Judges, lawyers, and service providers view justice as a moral duty to guarantee fairness before the law. Business leaders look to courts to resolve contract disputes and keep transaction costs and risks low. Yet the voices of vulnerable groups, who are the most impacted when justice fails, are not often heard in discussions regarding justice systems. This book aims to boost knowledge and improve decision making by exploring the perspectives of what justice means to the most vulnerable people and how to improve their access to justice
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  • 71
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (41 pages)
    Parallel Title: Erscheint auch als Aguilar Luna, Luis Linking Export Activities to Productivity and Wage Rate Growth
    Keywords: Economic Development ; Export Activity ; International Economics and Trade ; International Trade ; International Trade and Trade Rules ; Labor Productivity ; Macroeconomics and Economic Growth ; Wage Rate ; Economic Development ; Export Activity ; International Trade ; Labor Productivity ; Wage Rate
    Abstract: This paper examines the relationship between trade and job quality, using productivity and wage rate data for export and non-export activities in a sample of 60 countries across all income levels and 45 sectors spanning the whole economy over 1995-2019. First, the analysis finds that workers involved in export activities are more productive and better paid than those in non-export activities. While the productivity premium for export activities is confirmed in low- and middle-income countries, there is no wage rate premium. Second, this study finds a positive relationship between exports and labor productivity at the country-sector level, which can be attributed to productivity gains within export activities as well as spillovers to non-export activities. Countries' specialization in global value chains and sectors also matters for the relationship between exports and job quality, with manufacturing, agriculture, and business services showing stronger associations. The link between exports and the wage rate is smaller than for productivity. Finally, productivity and wage rate growth decompositions suggest that growth within rather than between activities was the driving force. Within export activities, productivity and wage increases were dominated by within-sector growth, although labor movement toward more productive sectors also matters in low- and middle-income countries
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  • 72
    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 ; Fiscal Policy And Inequality ; Income Inequality ; Jordan ; Poverty And Social Impact
    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
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  • 73
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (20 pages)
    Parallel Title: Erscheint auch als Karayalcin, Cem Environmental Policy under Weak Institutions
    Keywords: Climate Change ; Development ; Environment ; Environmental Economics and Policies ; Environmental Policy ; Climate Change ; Development ; Environmental Policy
    Abstract: Developing countries are facing mounting pressures to incorporate environmental concerns into their policy reform agendas. This paper finds that common environmental policies, such as levying taxes to reduce the excessive exploitation of natural assets, can be self-defeating when (i) institutions are weak and (ii) the general equilibrium effects of such policy actions are overlooked. This seemingly paradoxical result is driven by fundamental mechanisms in structural transformation frameworks, without the need for strong assumptions. It also carries a clear policy implication: environmental policies should be considered within a country's broader development context, rather than in isolation
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  • 74
    Language: English
    Pages: 1 Online-Ressource (72 pages)
    Parallel Title: Erscheint auch als Pullinger, John Reviewing Assessment Tools for Measuring Country Statistical Capacity
    Keywords: Economic Development ; Macroeconomics and Economic Growth ; National Statistical System ; Statistical Capacity ; Statistical Capacity Index ; Statistical Indicators ; Statistical Performance ; National Statistical System ; Statistical Capacity ; Statistical Capacity Index ; Statistical Indicators ; Statistical Performance
    Abstract: Country statistical capacity is increasingly recognized as crucial for development, but no academic study exists that reviews the available assessment tools. This paper offers the first review study that fills this gap, paying particular attention to data and practical measurement challenges. It compares the World Bank's recently developed Statistical Performance Indicators and Index with other widely used indexes, such as the Open Data Inventory index, the Global Data Barometer index, and other regional and self-assessment tools. The findings show that each index brings advantages in data sources, number of indicators, measurement focus, coverage of countries and time periods, and correlation with common development indexes. The Open Data Inventory index covers the most countries, the Global Data Barometer index collects data through its surveys, and the Statistical Performance Indicators and Index offer a broader framework for assessing statistical systems. The paper offers further thoughts on the potential mechanisms through which these tools can bring positive impacts on economic activities and some political economy concerns, as well as future directions for development
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  • 75
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Agriculture Study
    Keywords: Agriculture ; Agriculture and Farming Systems ; Cassava ; Food ; Gender ; Gender and Development ; Loans ; Marketing ; Plantain ; Value Chain ; Access To Finance ; Crops And Food Security ; Food Safety ; Gender Equality ; Sdg 5
    Abstract: The main objective of the report is to develop business models on farming and/or processing of cassava, maize and plantain in Cote d'Ivoire that would help financial institutions to gain better knowledge of the value chains, to design appropriate financing products and to streamline the loan decision process for women-led cooperatives. This report has been produced hand in hand with a financial evaluation tool, to assess the profitability of lending to various cooperatives engaged these select value chains. In addition, detailed financial models have been prepared to assess the cash flow projections of the cooperatives, which could be used in the loan decision process. A marketing strategy plan has also been prepared, which aims at guiding financial institutions in their lending initiatives to cooperatives operating in the various value chains. It is vital for financial institutions to have the right marketing approach, so that cooperatives with a suitable profile can enter their pipeline as potential clients for lending
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  • 76
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Private Sector Development, Privatization, and Industrial Policy
    Keywords: Access To Finance ; Business Environment ; Conflict ; Conflict and Development ; Economic Growth ; Finance and Financial Sector Development ; Fragile States ; Private Sector ; Private Sector Development ; Conflict ; Economic Growth ; Fragile States ; Private Sector
    Abstract: This Private Sector Assessment Report on the Republic of Yemen is delivered as part of the Private Sector Technical Assistance project. The goal of the project is to understand the dynamics of the country's private sector during conflict; identify constraints to trade, investment, and finance; and propose recommendations for inclusive private sector entry, survival, and growth. The report also includes an overview of the financial sector's impact on the private sector, especially on the latter's resilience during conflict. Finally, the report provides structural and policy recommendations that, once implemented by the authorities on both national and subnational levels, would prepare the Yemeni private sector to participate in the country's post-conflict recovery and reconstruction
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  • 77
    Language: English
    Pages: 1 Online-Ressource (40 pages)
    Parallel Title: Erscheint auch als Islamaj, Ergys The Sovereign Spread Compressing Effect of Fiscal Rules during Global Crises
    Keywords: Communicable Diseases ; Covid-19 Crisis ; Finance and Financial Sector Development ; Fiscal Rules ; Health, Nutrition and Population ; International Economics and Trade ; International Financial Markets ; International Trade and Trade Rules ; Sovereign Spreads ; Covid-19 Crisis ; Fiscal Rules ; Sovereign Spreads
    Abstract: Do fiscal rules help suppress sovereign spreads during periods of global financial stress Yes! This paper examines whether fiscal rules contribute to mitigating sovereign spreads in emerging markets and developing economies during periods of heightened financial and economic volatility worldwide. It finds that the presence of fiscal rules is statistically significantly associated with lower sovereign spreads during the COVID-19 crisis -- about 350 basis points lower on average. Interestingly, this correlation persists even when nations deviate from these rules, indicating an expectation of post-crisis compliance. The study shows that deviations from fiscal rules are typically short-lived, with fiscal balance rules reinstated within 3.5 years. Robustness checks, including controls for institutional quality, fiscal rule strength, and global and regional factors confirm these results. Overall, the findings suggest that fiscal rules can help emerging markets and developing economies signal fiscal responsibility during episodes of global financial stress, reducing borrowing costs relative to countries without fiscal rules
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  • 78
    Language: English
    Pages: 1 Online-Ressource (44 pages)
    Parallel Title: Erscheint auch als Redaelli, Silvia Assessing the Extent of Monetary Poverty in the Syrian Arab Republic after a Decade of Conflict
    Keywords: Data Deprivation ; Fragility and Conflict ; Poverty Measurement ; Poverty Monitoring and Analysis ; Poverty Nowcasting ; Poverty Reduction ; Social Conflict and Violence ; Social Development ; Social Development and Poverty ; Data Deprivation ; Fragility And Conflict ; No Poverty ; Poverty Measurement ; Poverty Nowcasting ; Sdg 1
    Abstract: The data for estimating monetary poverty in the Syrian Arab Republic are outdated. In the context of data scarcity, this paper aims to propose a methodological approach to address the knowledge gap regarding welfare in Syria over the past decade. In particular, the analysis provides (i) updated pre-conflict poverty baseline estimates based on grouped data from the 2009 Household Income and Expenditure Survey; (ii) supporting evidence on the viability of using Humanitarian Needs Assessment Programme Demographic and Water Supply, Sanitation, and Hygiene 2022 survey data for the estimation of monetary poverty in 2022; and (iii) supporting theoretical and empirical evidence to identify growth in per capita gross domestic product in current prices deflated by Consumer Price Index as the best metric to project poverty using a nowcasting approach. Based on this analysis, the paper proposes to use 2022 Humanitarian Needs Assessment Programme-based poverty estimates to anchor the most recent estimates to the best available evidence, and to interpolate the poverty evolution obtained from back-casting 2022 and nowcasting 2009 poverty estimates over 2009-22 using the growth rate of per capita gross domestic product in current prices, deflated by the Consumer Price Index with a passthrough of 0.7
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  • 79
    Language: English
    Pages: 1 Online-Ressource (48 pages)
    Parallel Title: Erscheint auch als Jellema, Jon Gender and Fiscal Policy: A Methodological Proposal and its Application to Jordan and Armenia
    Keywords: Finance and Development ; Finance and Financial Sector Development ; Gender ; Gender and Development ; Gender and Social Development ; Incidence Analysis ; Social Analysis ; Social Development ; Taxes ; Transfers ; Gender ; Incidence Analysis ; Taxes ; Transfers
    Abstract: Fiscal policies affect households and individuals in a variety of ways. Even though these effects are likely to be different for men and women, conventional tools of fiscal incidence analysis are typically unable to capture these gender differences. Using a particular type of incidence analysis known in the literature as the Commitment to Equity framework, this paper proposes a methodology to overcome this challenge. A particular novelty the paper introduces is the explicit incorporation of social reproduction into the fiscal incidence analysis framework, enabling the implicit valuation of unpaid work that is typically undertaken by women on activities such as cooking, cleaning, and caring for children and the elderly. Applying this methodology to the cases of Jordan and Armenia -- two countries with very different approaches to fiscal policy and cultural norms around the economic and social roles of men and women -- the paper also highlights some of the insights that this engendered perspective could add to standard fiscal incidence analysis
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  • 80
    Language: English
    Pages: 1 Online-Ressource (64 Seiten) , Diagramme
    Series Statement: Policy Research Working Paper 10730
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Lebrand, Mathilde Does Africa Need More Roads in the Digital Age? Evidence of Complementarities in Infrastructure
    Keywords: Infrastruktur ; Verkehrsinfrastruktur ; Internet ; Informationstechnik ; Kommunikationstechnik ; Wirkung ; Auswirkung ; Wirtschaftsentwicklung ; Marktzugang ; Employment ; Employment and Unemployment ; ICT Applications ; Information and Communication Technologies ; Infrastructure ; Infrastructure Economics ; Infrastructure Economics and Finance ; Social Protections and Labor ; Structured Transformation ; Africa ; Employment ; Infrastructure ; Structured Transformation
    Abstract: This paper investigates whether the expansion of fast internet networks complements or substitutes for the development of roads to improve market access and create more and higher-skilled jobs in Africa. The paper combines the geographic locations of households and firms with the locations of main roads and optical-fiber nodes in 25 Sub-Saharan African countries. Using the difference-in-differences and instrumental variables approaches and leveraging the history of post-independence road building and the timing of the arrival of submarine internet, the paper examines the impacts of access to these two types of infrastructure, both in isolation and in combination. The findings show that improving access to both has large and positive complementary effects. On average, the additional impacts on employment from combining access to both types of infrastructure are 22 percent larger than the sum of their isolated effects. The findings suggest that a big push for combined investments in fast internet and road access could enhance economic development in Africa overall. Firms and workers in urban locations, female workers, and workers with higher levels of education gain the most from the complementarities that emerge
    Note: Literaturverzeichnis, Literaturhinweise, Annex, Tabellen
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  • 81
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (43 pages)
    Parallel Title: Erscheint auch als Letta, Marco Climate Immobility Traps: A Household-Level Test
    Keywords: Adaptation ; Adaptation To Climate Change ; Causal Forests ; Climate Change Impacts ; Climate Migration ; Environment ; Finance and Financial Sector Development ; Household Data ; Housing Finance ; Immobility Traps ; Adaptation ; Causal Forests ; Climate Migration ; Household Data ; Immobility Traps
    Abstract: The complex relationship between climate shocks, migration, and adaptation hampers a rigorous understanding of the heterogeneous mobility outcomes of farm households exposed to climate risk. To unpack this heterogeneity, the analysis combines longitudinal multi-topic household survey data from Nigeria with a causal machine learning approach, tailored to a conceptual framework bridging economic migration theory and the poverty traps literature. The results show that pre-shock asset levels, in situ adaptive capacity, and cumulative shock exposure drive not just the magnitude but also the sign of the impact of agriculture-relevant weather anomalies on the mobility outcomes of farming households. While local adaptation acts as a substitute for migration, the roles played by wealth constraints and repeated shock exposure suggest the presence of climate-induced immobility traps
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  • 82
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (54 pages)
    Parallel Title: Erscheint auch als Vargas, Juan F Right to Education: Forced Migration and Child Education Outcomes
    Keywords: Access and Equity in Basic Education ; Communities and Human Settlements ; Education ; Education Indicators and Statistics ; Human Migrations and Resettlements ; Migration ; Colombia ; Migration ; Quality Education ; Sdg 4 ; Venezuela
    Abstract: About a third of the 7.7 million Venezuelans who have left their country due to political and economic turmoil have settled in neighboring Colombia. The extent to which the Colombian schooling system can absorb the massive demand for education of Venezuelan children is key for their future trajectory of human capital accumulation, as well as that of Colombian students in receiving communities. This paper estimates the effect of Venezuelan migration on educational outcomes of children living in settlement municipalities in Colombia, distinguish between the effect of the migration shock on native and migrant students. Specifically, it estimates the effect of the migration shock on school enrollment, dropout/promotion rates and standardized test scores. The identification relies on a plausibly exogenous measure of the predicted migration shock faced by each Colombian municipality every year. The findings show that the migration shock increased the enrollment of Venezuelan students in both public and private schools and in all school grades, but also generated negative spillovers related to failing promotion rates and increasing dropout. This paper documents that these negative effects are explained by the differential enrollment capacity of schools, as well as by the deterioration of key school inputs
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  • 83
    Language: English
    Pages: 1 Online-Ressource (29 pages)
    Parallel Title: Erscheint auch als Diakite, Maimouna Cross-Country Empirical Analysis of Govtech Platforms on Citizen Engagement
    Keywords: Citizen Engagement ; E-Government ; Governance ; Govtech ; Govtech Maturity Index ; Govtech Reform ; Public Sector Modernization ; Citizen Engagement ; Govtech ; Govtech Maturity Index ; Govtech Reform ; Public Sector Modernization
    Abstract: Countries worldwide are implementing GovTech reforms to modernize the public sector and achieve better performance while responding to citizens' needs. At its core, GovTech represents a whole-of-government approach to public sector modernization, which emphasizes three critical aspects: (i) citizen-centric public services that are universally accessible; (ii) a whole-of-government approach to digital government transformation; and (iii) simple, efficient, and transparent government systems. Within this context, strengthening citizen engagement is crucial to ensure accountability, improve public policy quality, and enhance service delivery. Accordingly, this study aims to be the first cross-country empirical assessment of the impact of GovTech platforms, which can allow citizens to: (i) participate in policy decision-making and (ii) provide feedback on public service delivery. Using a large sample of 176 countries, the study assesses the impact of the implementation of national platforms that allow citizens to participate more effectively. This research employs entropy balancing as the main identification strategy, as well as propensity score matching and ordinary least squares regressions on the matching sample as alternatives. Additional robustness checks were performed using alternative GovTech Maturity Index 2022 data and by considering the possibility of a slower diffusion of the technology. A sensitivity analysis, considering the role of governance, political and institutional factors, as well as the level of development, is likewise performed. The results show a significant and positive impact of GovTech platforms on citizen engagement. Similarly, democracy and the equal distribution of political power have strong and positive effects on citizen engagement. By contrast, public sector corruption negatively and significantly impacts citizen engagement. The findings also provide evidence that GovTech platforms are more effective in fostering citizen engagement in high-income economies and in countries where the government is efficient, institutional and social fragility is low, and there is no conflict or only low-intensity conflict. The results of an Africa-focused analysis indicate that African countries that have adopted such digital platforms likewise experience an increase in citizen engagement
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  • 84
    Language: English
    Pages: 1 Online-Ressource (43 pages)
    Parallel Title: Erscheint auch als Isser, Deborah H Governance in Sub-Saharan Africa in the 21St Century: Four Trends and an Uncertain Outlook
    Keywords: Centralized Power Arrangements ; Checks and Balances ; Fiscal and Monetary Policy ; Governance Reform ; Governance Trajectory ; Macroeconomics and Economic Growth ; Poverty Reduction ; Social Development ; Social Inclusion and Institutions ; Centralized Power Arrangements ; Checks And Balances ; Governance Reform ; Governance Trajectory ; Poverty Reduction
    Abstract: What can be learned from the governance trajectory of African countries since the beginning of the 21st century What is the quality of governance on the African continent and how does it shape development The first decade of the millennium saw promising growth and poverty reduction in much of the continent. Yet, Sub-Saharan Africa has also been the stage of a stream of governance reform failures and policy reversals, and many countries continue to suffer from the consequences of poor governance. This paper explores the dynamics of governance reform on the continent over the past two decades and points to four key trends. First, effective state institutions, capable of maintaining peace, fostering growth, and delivering services, have developed unevenly. Second, progress has been made on enhancing the inclusiveness and accountability of institutions, but it remains constrained by the weakness of checks and balances and the persistence of patterns of centralized and exclusive power arrangements. Third, civic capacity has risen considerably, but the inability of institutions to respond to social expectations and political mobilization threatens to turn liberal civic engagement into distrust, populism, and radicalization. Fourth, the combination of these three trends contributes to the rise of political instability, which constitutes a major threat for the continent
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  • 85
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Equitable Growth, Finance and Institutions Insight
    Keywords: Access To Finance ; ESG Integration ; Finance and Financial Sector Development ; Government Pension Fund ; Investments ; Pension Funds ; Pensions and Retirement Systems ; Social Funds and Pensions ; Social Protections and Labor ; Esg Integration ; Government Pension Fund ; Investments ; Pension Funds
    Abstract: This report describes the ESG integration practices at GPF as a practical example of how a pension fund can integrate ESG considerations into its investment practices and processes. The report focuses on the incorporation of ESG issues into our investment analysis and decision-making process. Other elements of responsible investing such as active ownership and ESG disclosure practices whilst also key to GPF's overall approach, are not discussed in detail in this report. The report is a product of technical co-operation between teams from GPF and the World Bank. The report starts by providing some background information on GPF, including its investment philosophy and an overview of ESG investment philosophy before detailing the GPF ESG Score methodology. It then describes how the GPF ESG Score methodology is applied to equity and fixed-income investments, followed by an overview of how GPF ensures that ESG considerations are integrated into the selection, appointment and monitoring of external managers. It concludes with some reflections on the landscape of responsible investment and identifies areas where GPF expects to improve its investment process in the coming years
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  • 86
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Asean Region ; Informal Waste Workers ; IWW ; Livelihood Models ; Marine Plastic Waste ; Social Protections and Assistance ; Social Protections and Labor ; Vulnerabilities ; Work and Working Conditions ; Asean Region ; Informal Waste Workers ; Iww ; Livelihood Models ; Marine Plastic Waste ; Vulnerabilities
    Abstract: The present study focuses on a particular group of actors along the plastics collection and recycling value chain--informal waste workers (IWWs)--on whom limited information has been collected at the country level. Specifically, the study examines two questions: (i) what is the profile and vulnerabilities of informal waste workers in the three countries including gender-specific vulnerabilities; and (ii) what livelihood opportunities and community-based innovation models have been piloted in the selected countries, and can be used as case study examples in future policies and interventions, with the objectives of reducing vulnerability of IWWs and contributing to improving solid waste management and recycling value chains
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  • 87
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Keywords: Climate Change ; Human Capital ; Poverty ; Social Protection ; Social Protections and Assistance ; Social Protections and Labor ; Climate Change ; Human Capital ; Poverty ; Social Protection
    Abstract: Climate change, and its associated impacts, threatens to reverse decades of global progress in improving people's health, human capital accumulation, and poverty reduction. At the same time, individuals and households with more human capital and are better positioned to withstand climate change impacts. Several studies have established a correlation between higher human capital with faster disaster preparedness and recovery. These challenges are particularly pressing for Indonesia, where the poor are disproportionately affected by climate shocks. The disproportionate impact of climate change on poor households, and those vulnerable to poverty, signals the importance of social protection as a critical interlocutor to help address the pressing threat of climate change and climate shocks. This background paper outlines the important relationship between human capital development and climate change adaptation; and the needs and opportunities for improving the adaptiveness of Indonesia's social protection system
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  • 88
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Opinion Surveys
    Keywords: Accountability ; Aid Effectiveness ; Development Economics and Aid Effectiveness ; Macroeconomics and Economic Growth ; Social Accountability ; Social Development ; World Bank Strategy ; Accountability ; Aid Effectiveness ; World Bank Strategy
    Abstract: The Country Opinion Survey in Sao Tome and Principe assists the World Bank Group (WBG) in better understanding how stakeholders in Sao Tome and Principe perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media, academia, the private sector, and civil society in Sao Tome and Principe on 1) their views regarding the general environment in Sao Tome and Principe; 2) their overall attitudes toward the WBG in Sao Tome and Principe; 3) overall impressions of the WBG's effectiveness and results, knowledge work and activities, and communication and information sharing in Sao Tome and Principe; and 4) their perceptions of the WBG's future role in Sao Tome and Principe
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  • 89
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Opinion Surveys
    Keywords: Accountability ; Development Economics and Aid Effectiveness ; Effectiveness ; Macroeconomics and Economic Growth ; Social Accountability ; Social Development ; World Bank Group Strategy ; Accountability ; Effectiveness ; World Bank Group Strategy
    Abstract: The Country Opinion Survey in Cabo Verde assists the World Bank Group (WBG) in better understanding how stakeholders in Cabo Verde perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media, academia, the private sector, and civil society in Cabo Verde on 1) their views regarding the general environment in Cabo Verde; 2) their overall attitudes toward the WBG in Cabo Verde; 3) overall impressions of the WBG's effectiveness and results, knowledge work and activities, and communication and information sharing in Cabo Verde; and 4) their perceptions of the WBG's future role in Cabo Verde
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  • 90
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Keywords: Adaptation To Climate Change ; Climate Change ; Environment ; Green Goods ; Green Technologies ; Green Trade ; International Economics and Trade ; Low-Carbon ; Climate Change ; Green Goods ; Green Technologies ; Green Trade ; Low-carbon
    Abstract: Although Indonesia's economy has diversified over the past decades, natural resource extraction remains a key sector for both the domestic economy as well as international trade. Indonesia's ability to diversify away from primary products, reduce carbon emissions, adapt to climate change, and transition to a low-carbon economy is strongly interlinked with trade and trade policy. To position itself to benefit from the global transition to a non-carbon economy, Indonesia needs to adapt to new sources of international demand, adjust its existing productive capabilities, and cultivate new green industries. This note analyzes the carbon content of Indonesia's trade flows
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  • 91
    Language: English
    Pages: 1 Online-Ressource (28 pages)
    Parallel Title: Erscheint auch als Triyana, Margaret Climate Shocks and the Poor: A Review of the Literature
    Keywords: Climate Change ; Climate Change and Environment ; Distributional Impact ; Environment ; Environmental Economics and Policies ; Meta Analysis ; Natural Disasters ; Poverty ; Climate Change ; Distributional Impact ; Meta Analysis ; Natural Disasters ; Poverty
    Abstract: There is a rapidly growing literature on the link between climate change and poverty. This study reviews the existing literature on whether the poor are more exposed to climate shocks and whether they are more adversely affected. About two-thirds of the studies in our analyzed sample find that the poor are more exposed to climate shocks than is the rest of the population and four-fifths of the studies find that the poor are more adversely affected by climate shocks than is the rest of the population. Income and human capital losses tend to be concentrated among the poor. These findings highlight the potential long-term risk of a climate-change induced poverty trap and the need for targeted interventions to protect the poor from the adverse effects of climate shocks
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  • 92
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (41 pages)
    Parallel Title: Erscheint auch als Giuliano, Fernando The Macroeconomic Impact of Climate Shocks in Uruguay
    Keywords: Climate Change ; Climate Change Impacts ; Climate Shocks ; Droughts ; Econometrics ; Economic Forecasting ; Environment ; Environmental Disasters and Degradation ; Floods ; Macro-Structural Model ; Macroeconomics and Economic Growth ; Climate Change ; Climate Shocks ; Droughts ; Floods ; Macro-structural Model ; Uruguay
    Abstract: Uruguay is an economy that is vulnerable to precipitation patterns, as evidenced during the country's historic 2022/23 drought. Yet, and despite its rich macroeconomic and climate data environment, the country does not have a consistent macroeconomic model to address the aggregate impact of climate shocks, let alone the expected additional impact from climate change. This paper intends to fill this gap by integrating climate shocks into the World Bank's Macro-Fiscal Model, its workhorse structural macroeconomic projection model. Building on existing country studies on the sectoral effects of droughts and floods, the analysis finds that the volatility of a simulated Uruguayan economy only subject to historical climate shocks reaches 22 percent of the historical volatility of gross domestic product. Moreover, as climate shocks are only one of many shocks that can simultaneously affect an economy, incorporating exogenous macroeconomic shocks into historical climate shocks exacerbates volatility and increases potential losses. Gross domestic product can fall by 2.3 percent under a combined negative climate and macroeconomic shock of the type witnessed once every six years on average, and 4.1 percent under a once-in-40-years combined negative shock. Climate change compounds these effects going forward, worsening the magnitude of the downside risks from droughts by between 18 and 30 percent, although estimates incorporating climate change are subject to large uncertainty. The order of magnitude of these effects calls for a more systematic consideration of climate shocks in macroeconomic projections and fiscal risk assessments for Uruguay
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  • 93
    Language: English
    Pages: 1 Online-Ressource (53 pages)
    Parallel Title: Erscheint auch als Moretti, Matias Inelastic Demand Meets Optimal Supply of Risky Sovereign Bonds
    Keywords: Economic Development ; Emerging Markets Bond Index ; Finance and Financial Sector Development ; Inelastic Financial Markets ; Institutional Investors ; International Capital Markets ; International Financial Markets ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Small Open Economies ; Sovereign Debt ; Emerging Markets Bond Index ; Inelastic Financial Markets ; Institutional Investors ; International Capital Markets ; Small Open Economies ; Sovereign Debt
    Abstract: This paper presents evidence of inelastic demand in the market for risky sovereign bonds and examines its interplay with government policies. The methodology combines bond-level evidence with a structural model featuring endogenous bond issuances and default risk. Empirically, the paper exploits monthly changes in the composition of a major bond index to identify flow shocks that shift the available bond supply and are unrelated to country fundamentals. The paper finds that a 1 percentage point reduction in the available supply increases bond prices by 33 basis points. Although exogenous, these shocks might influence government policies and expected bond payoffs. The paper identifies a structural demand elasticity by feeding the estimated price reactions into a sovereign debt model that isolates endogenous government responses. These responses account for a third of the estimated price reactions. By penalizing additional borrowing, inelastic demand acts as a commitment device that reduces default risk
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  • 94
    Language: English
    Pages: 1 Online-Ressource (20 Seiten) , Diagramme
    Series Statement: Policy Research Working Paper 10731
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Donfouet, Hermann Pythagore Pierre Mortality Costs of and Policy Responses to the COVID-19 Pandemic in Cote D'ivoire
    Keywords: COVID-19 ; Sterblichkeit ; Aufwendung ; Kosten ; Sterbeziffer ; Tod ; Statistische Analyse ; Communicable Diseases ; Covid-19 Pandemic ; Demographics ; Health Monitoring and Evaluation ; Health, Nutrition and Population ; Value of Statistical Life ; Covid-19 Pandemic ; Good Health And Well-being ; Value Of Statistical Life
    Abstract: Cote d'Ivoire, the largest economy in the West African Economic and Monetary Union, was hit by COVID-19, which claimed many lives. This paper estimates COVID-19 mortality costs over time using the value of a statistical life. Using a more conservative estimate of the value of a statistical life income elasticity ranging from 1 to 1.4, the overall COVID-19 mortality costs in Cote d'Ivoire since the pandemic range from USD 100.4 million to USD 284.3 million. Considering age-related adjustments, a 3 percent discount rate, and a value of a statistical life income elasticity of 1 to 1.4, the COVID-19 costs range from USD 5.4 million to USD 15.3 million. Similarly, the COVID-19 mortality costs range from USD 6.8 million to USD 19.3 million with a 5 percent discount rate and a value of a statistical life income elasticity of 1 to 1.4. More significantly, the findings suggest that COVID-19 mortality costs started to decline in 2021. To enhance prevention, preparedness, and response to future pandemics, policy makers could consider allocating pandemic funding within national budgets. Exploring potential partnerships with philanthropic organizations and international entities could further enhance domestic resource matching efforts
    Note: Literaturverzeichnis, Literaturhinweise, Tabellen
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  • 95
    Language: English
    Pages: 1 Online-Ressource (19 Seiten) , Diagramme
    Series Statement: Policy Research Working Paper 10726
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Seuyong, Feraud Tchuisseu Who did Covid-19 Hurt the Most in Sub-Saharan Africa?
    Keywords: COVID-19 ; Wirkung ; Auswirkung ; Wirtschaftskrise ; Haushalt ; Lebensbedingungen ; Armut ; Covid-19 ; Distributional Impacts ; Finance and Development ; Finance and Financial Sector Development ; Health Monitoring and Evaluation ; Health, Nutrition and Population ; Covid-19 ; Distributional Impacts ; Sub-saharan Africa
    Abstract: How did the economic crisis caused by the Covid-19 pandemic impact poor households in Sub-Saharan Africa This paper tackles this question by combining 73 High-Frequency Phone Surveys collected by national governments in 14 countries with older nationally representative surveys containing information on household consumption. In particular, it examines how outcomes differed according to predicted per capita consumption quintiles in the first wave of the survey, and in subsequent waves by households' predicted per capita consumption. The initial shock affected households throughout the predicted welfare distribution. Households in the bottom 40 percent responded by sharply increasing farming activities between May and July of 2020 and gradually increasing ownership of non-farm enterprises starting in August. This coincided with an improvement in welfare, as measured by a decline in food insecurity and distressed asset sales among these households during the second half of 2020. With respect to education, children in the bottom quintile were 15 percentage points less likely to engage in learning activities than those in the top quintile in the immediate aftermath of the crisis, and the engagement gap between the bottom 40 and top 60 widened in the summer before narrowing in the fall due to large declines in engagement among the top 60. Poorer households were slightly more likely to report receiving public assistance immediately following the shock, and this difference changed little over the course of 2020. The results highlight the widespread impacts of the crisis both on welfare and children's educational engagement, the importance of agriculture and household non-farm enterprises as safety nets for the poor, and the substantial recovery made by the poorest households in the year following the crisis
    Note: Literaturverzeichnis, Literaturhinweise, Annex, Tabellen
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  • 96
    Language: English
    Pages: 1 Online-Ressource (47 Seiten) , Diagramme
    Series Statement: Policy Research Working Paper 10723
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Atamanov, Aziz New Evidence on Inequality of Opportunity in Sub-Saharan Africa: More Unequal than we Thought
    Keywords: Chancengleichheit ; Bildung ; Soziale Gerechtigkeit ; Gleichberechtigung ; Bildungseinrichtung ; Zugang ; Datensammlung ; Circumstances ; Consumpton Inequality ; Equity and Development ; Inequality ; Inequality of Opportunity ; Poverty Reduction ; Social Development ; Circumstances ; Consumpton Inequality ; Inequality Of Opportunity ; Sub-saharan Africa
    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
    Note: Literaturverzeichnis, Literaturhinweise, Annex, Tabellen
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  • 97
    Language: English
    Pages: 1 Online-Ressource (64 Seiten) , Diagramme
    Series Statement: Policy Research Working Paper 10721
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Boulhane, Othmane Empowering Adolescent Girls through Safe Spaces and Accompanying Measures in Cote D'Ivoire
    Keywords: Frau ; Empowerment ; Gesundheit ; Reproduktive Gesundheit ; Gesundheitserziehung ; Wissen ; Adolescent Girls ; Clubs ; Family Planning Research ; Gender ; Gender and Development ; Gender and Education ; Gender and Health ; Health, Nutrition and Population ; Husbands ; Income-Generating Activities ; Law and Development ; Randomized Experiment ; Safe Spaces ; Adolescent Girls ; Africa Gender Policy ; Gender Equality ; Gender Innovation Lab ; Husbands' Clubs ; Income-generating Activities ; Randomized Experiment ; Safe Spaces ; Sdg 5 ; Women And Social Norms ; Women And Youth Employment
    Abstract: This study uses a cluster-randomized controlled trial to investigate the effects of a large-scale women and girls empowerment program on sexual and reproductive health and empowerment outcomes in Cote d'Ivoire. The study assesses and compares the impact of diverse strategies aimed at equipping girls with life skills and sexual and reproductive health knowledge, provided through well-established safe spaces, in isolation or in combination with livelihood support interventions, or with initiatives designed to engage boys and men and community and religious leaders. The findings show that one year after the end of the interventions, safe spaces alone have a moderate impact on girls' empowerment, while safe spaces combined with husbands' and future husbands' clubs are the most impactful. Combining safe spaces with livelihood support interventions leads to improvements in adolescent girls' employment outcomes, as expected. Finally, the findings show that engaging leaders in the context of safe spaces interventions yields mixed results on girls' empowerment
    Note: Literaturverzeichnis, Literaturhinweise, Annex, Tabellen
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  • 98
    Language: English
    Pages: 1 Online-Ressource (46 pages)
    Parallel Title: Erscheint auch als Aguilar Gomez, Sandra Environmental Hazards, Climate, and Health in Cambodia: The Shield of Sanitation
    Keywords: Disease Control and Prevention ; Environmental Degradation ; Environmental Hazards ; Health and The Environment ; Health Policy and Management ; Health, Nutrition and Population ; Hygiene ; Pollution ; Public Health ; Sanitation ; Environmental Degradation ; Environmental Hazards ; Health And The Environment ; Hygiene ; Pollution ; Public Health ; Sanitation
    Abstract: Environmental degradation is the largest public health challenge of the century and is likely to be exacerbated by climate change. This study undertakes a comprehensive examination of the health implications of environmental hazards in Cambodia, simultaneously addressing extreme temperatures, precipitation patterns, and air pollution. It leverages data from the Demographic and Health Surveys and satellite-derived metrics on temperature, precipitation, and fine particulate matter. The analysis identifies a positive association between temperature and the occurrence of diarrhea and cough among children and a nonlinear relationship between precipitation and these health outcomes. Furthermore, the study demonstrates that pollution significantly impacts cough incidence. To anticipate future trends, climate simulations are employed to forecast the incidence of child diarrhea in Cambodia under different climate and development scenarios. The projections indicate that diarrhea incidence could increase to 19 percent by 2040 without significant adaptation measures that would lessen the adverse impact of weather. For instance, the acceleration in toilet ownership over the last decade reduced diarrhea incidence by at least 1.2 to 1.4 percentage points. Nevertheless, the path ahead requires proactive efforts to improve sanitation and hygiene. The forecasts suggest that, without additional strategies to counter climate change's adverse effects, only universal toilet ownership would contain the climate-driven increase in diarrhea incidence expected by 2040
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  • 99
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Keywords: Business Environment ; E-Government ; Economic Growth and Planning ; Environment and Natural Resource Management ; Governance ; Innovation and Technology Privacy ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Private Sector Development ; Economic Growth And Planning ; Environment And Natural Resource Management ; Innovation And Technology Privacy ; Private Sector Development
    Abstract: The Chinese government has a long-standing commitment to business environment and digital government reforms. China's online government-to-business (G2B) services have enhanced public service efficiency, accessibility, and transparency, creating a more favorable business environment. This note features a case study of the all-in-one online government service platform developed in Zhejiang Province, a subnational leader in promoting e-government and business environment reforms. Following general national guidelines, Zhejiang has been a leader in exploring innovations to promote digital government development and business environment reforms. Its reforms both demonstrate the effectiveness of a proactive approach to leveraging digital technologies for administrative efficiency and an improved user experience and highlight the positive impacts on the business environment
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  • 100
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Opinion Surveys
    Keywords: Accountability ; Development Economics and Aid Effectiveness ; Effectiveness ; Macroeconomics and Economic Growth ; Social Accountability ; Social Development ; Stakeholder Engagement ; World Bank Group Strategy ; Accountability ; Effectiveness ; Stakeholder Engagement ; World Bank Group Strategy
    Abstract: The Country Opinion Survey in Turkiye assists the World Bank Group (WBG) in better understanding how stakeholders in Turkiye perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media, academia, the private sector, and civil society in Turkiye on 1) their views regarding the general environment in Turkiye; 2) their overall attitudes toward the WBG in Turkiye; 3) overall impressions of the WBG's effectiveness and results, knowledge work and activities, and communication and information sharing in Turkiye; and 4) their perceptions of the WBG's future role in Turkiye
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