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  • 2010-2014  (3,075)
  • Washington, D.C : The World Bank  (3,075)
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  • 1
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Independent Evaluation Group Studies
    Abstract: The World Bank Group's fo ...
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  • 2
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (250 pages)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als
    Abstract: This report focuses on the risks of climate change to development in Latin America and the Caribbean, the Middle East and North Africa, and parts of Europe and Central Asia. Building on earlier Turn Down the Heat reports, this new scientific analysis examines the likely impacts of present day (0.8 Degree C), 2 Degree C and 4 Degree C warming above pre-industrial temperatures on agricultural production, water resources, ecosystem services, and coastal vulnerability for affected populations. Data show that dramatic climate changes, heat, and weather extremes are already impacting people, damaging crops and coastlines, and putting food, water, and energy security at risk. Across the three regions studied in this report, record-breaking temperatures are occurring more frequently, rainfall has increased in intensity in some places, while drought-prone regions are getting dryer. The poor and underprivileged, as well as the elderly and children, are found to be hit the hardest. There is growing evidence that even with very ambitious mitigation action, warming close to 1.5 Degree C above pre-industrial levels by mid-century is already locked into the Earth's atmospheric system, and climate change impacts such as extreme heat events may now be unavoidable. If the planet continues warming to 4 Degree C, climatic conditions, heat, and other weather extremes considered highly unusual or unprecedented today would become the new climate normal-a world of increased risks and instability. The consequences for development would be severe as crop yields decline, water resources change, diseases move into new ranges, and sea levels rise. The task of promoting human development, ending poverty, increasing global prosperity, and reducing global inequality will be very challenging in a 2 Degree C world, but in a 4 Degree C world there is serious doubt whether this can be achieved at all. Immediate steps are needed to help countries adapt to the climate impacts being felt today and the unavoidable consequences of a rapidly warming world. The benefits of strong, early action on climate change -- action that follows clean, low carbon pathways and avoids locking in unsustainable growth strategies -- far outweigh the costs. Many of the worst projected climate impacts could still be avoided by holding warming to below 2 Degree C. But the time to act is now
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  • 3
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Independent Evaluation Group Studies
    Abstract: IEG's Country Program Evaluation (CPE) covers the period FY05-13. The period spans three World Bank Group country strategies and one progress report. It also covers the last years of the Ben Ali regime and the transition to a new political dispensation following the revolution of January 2011. The CPE aims to reflect on past performance to inform the preparation of a new Bank Group strategy for Tunisia. The following recommendations are proposed to strengthen ongoing Bank Group efforts to improve performance in support of reform in Tunisia: (i) Conduct political economy analysis to better manage risk in a volatile environment. (ii) Galvanize public support for reform. (iii) Selectively and carefully sequence first-order policy reforms (based on the political economy analysis) in designing Bank Group strategy, taking into account capacity and other constraints inherent in the transition period. (iv) Build government ownership and capacity on how to roll out the reform agenda
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  • 4
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: Detailed principles of accounting for financial instruments have been prescribed in Financial Instruments Regulation, but some general principles in that area have also been outlined in the Accounting Act. According to article 3, paragraph 1, point 23 of the accounting act, financial instrument is defined as any contract giving rise to financial assets of one entity and a financial liability or an equity instrument of another entity, on condition that the contract concluded by two or more parties clearly results in economic effects, irrespective of whether the execution of contractual rights or obligations in unconditional or conditional. Financial assets include: monetary assets (assets in the form of domestic currency, foreign currencies and foreign exchange instruments and other financial assets, in particular accrued interest on financial assets, equity instruments issued by other entities, and contractual right to receive monetary assets or to exchange financial instruments with another entity under favorable conditions. Equity instruments are defined as contracts which give right to assets of an entity which remain after satisfying or securing all its creditors, as well as an obligation of an entity to issue or deliver its own equity instruments, in particular shares, share options or warrants
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  • 5
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Private Sector Development, Privatization, and Industrial Policy
    Abstract: For the economy to attain its full potential, the Philippines requires an efficient water transport system. However, this is presently not the case. The domestic shipping industry is characterized by high costs, low quality of service, and a poor safety record. Logistics cost accounts for 24-53 percent of wholesale price, while shipping and port handling cost around 8 percent of wholesale price and 5 percent of retail price. Philippine domestic shipping is generally more expensive than in Malaysia or Indonesia, 2 other archipelagos. Moreover, it is more expensive to transport goods between 2 Philippine ports than between 2 Philippine ports via an international portrait In the East Asia region, the Philippines trails behind its neighbors in various logistics performance and connectivity indices. For instance, in liner shipping connectivity, the Philippines ranked 66th out of 157 countries in 2013, and performs the worst among a group of East Asian comparators. Delays in shipment, slow cargo handling, and frequent accidents are the top complaints of businesses. In the East Asia Region, the Philippines has the highest absolute casualty rate and this is 40 percent higher than the second ranked country, Indonesia. On average, there are 228 ships involved in accidents and 303 casualties per year in the Philippines. In seeking to enhance competition in the delivery of domestic shipping services, this assessment has therefore focused particularly on measures that would increase the opportunities and incentives for new players to enter the market, and for existing operators to expand or vary the services they offer
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  • 6
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Public Investment Review
    Abstract: This report is intended to provide in one single document the background, principal recent and current World Bank activities and the proposed program of technical assistance to the Government in the area of public investment programming and management in post-revolution Libya. Aside from the convenience, both for the Bank and other international partners, of a synthesis of all major assessments and advice provided by the Bank in this central area of public sector management, this report shows the substantial continuity of diagnosis and assistance from the immediate aftermath of the Revolution through mid-2014. The first section recounts the early activities and, against that background, the second section summarizes the activities conducted and initial results achieved during FY2014. The concluding section lists the preliminary agreements with the Government on how to build on those initial results with complementary activities and deepening of a number of initiatives, specifically during FY2015 and with general indications for the subsequent years. The text of the report is limited to a summary of key issues and recommendations, with full details provided in the several annexes
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  • 7
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, addressed the theme of what is to be done, and what will I do? He opened with stories from his life, which made him realize that activism could drive social change. World Bank Group has set goals to end extreme poverty by 2030 and to boost shared prosperity for the bottom 40 percent in every developing country. These goals will drive our work going forward. But three major challenges will determine whether we succeed: achieving inclusive economic growth; investing in people; and slowing the rising tide of climate change. Finally he concludes saying that, whatever you do, please remember that the time is now for all of us to work together to bend the arc of history toward justice
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  • 8
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group discusses efforts of the leaders of the United Nations system toward the Ebola epidemic, and their work toward a unified approach on the ground in West Africa. The goal is to get to zero cases. He talks about the need for community-based care facilities with well-trained health workers and strong triage, diagnostic, treatment and referral capabilities in the affected countries. He speaks about the need to accelerate and adapt the response to changing conditions on the ground and also prepare for the recovery. He assured continued support as development partners to the Ebola-affected countries
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  • 9
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses two goals: to end extreme poverty by 2030 and to boost shared prosperity for the bottom 40 percent of the Population. These efforts require us fight against corruption in its many forms. He talks about the need to be alert, respond immediately when things go wrong, learn from the experience, and assure it doesn't happen again. He cautions about the lack of governance, which is a necessary condition for corruption to thrive. The challenge is to get the knowledge and tools to the right people at the right time, and to fully leverage opportunities for reform. World Bank, with support from Australia, Denmark and Norway, created the International Corruption Hunters Alliance to engage in what is happening at a multilateral level, to provide access to the latest anti-corruption tools and information, and to create the dialogue that drives our collective effort to beat corruption. He concludes by saying that the intersection with corruption and dirty money are undeniable, and the implications for sustainable, inclusive development are clear
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  • 10
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Agricultural Study
    Abstract: This sourcebook summarizes the outputs and lessons of the Livestock in Africa: improving data for better policies project. It aims to present the challenges facing professionals collecting and analyzing livestock data and statistics and possible solutions. While the Sourcebook does not address all conceivable issues related to enhancing livestock data and underlining statistical issues, it does represent a unique document for a number of reasons. To begin with, it is possibly the first document which specifically addresses the broad complexity of livestock data collection, taking into consideration the unique characteristics of the sector. Indeed, in most cases livestock data are dealt with, if ever, within the context of major agricultural initiatives. Second, the sourcebook is a joint product of users and suppliers of livestock data, with its overarching objective being to respond to the information needs of data users, and primarily the Ministries responsible for livestock in African countries and the National Statistical Authorities. Finally, the sourcebook represents a unique experiment of inter-institutional collaboration, which jointly places the World Bank, the FAO Animal Production and Health Division, the ILRI and the Africa Union, Interafrican Bureau for Animal Resources as well as national governments in Niger, Tanzania and Uganda at the forefront of data and statistical innovation for evidence-based livestock sector policies and investments. This sourcebook represents a first step towards a demand-driven and sustainable approach to enhance the livestock information available to decision makers. It is hoped it will provide a useable framework for significantly improving the quantity and quality of livestock data and statistics available to the public and private sector, and also increase the efficacy of investments that country governments and the international community allocate to generate information for livestock sector policies and investments
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  • 11
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Systems Approach for Better Education Results (SABER)
    Abstract: This report presents an assessment of school health policies and institutions that affect young children in Uganda. The analysis is based on a World Bank tool developed as part of the systems approach for better education results (SABER) initiative that aims to systematically assess education systems against evidence based global standards and good practice to help countries reform their education systems to help ensure learning for all. School health policies are a critical component of an effective education system, given that children's health impacts their school attendance, ability to learn, and overall development. SABER school health collects, analyzes, and disseminates comprehensive information on school health policies around the world. The overall objective of the initiative is to help countries design effective policies to improve their education systems, facilitate comparative policy analysis, identify key areas to focus investment, and assist in disseminating good practice
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  • 12
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Financial Sector Study
    Abstract: This study presents options for disaster risk financing in Brazil, drawing from international experience. The study presents a series of complementary options for disaster risk financing, based on a preliminary fiscal risk analysis and a preliminary review of the current budget management of natural disasters in Brazil. It benefits from the international experience of the World Bank, which has provided assistance to several countries on the design and implementation ofsovereign disaster risk financing strategies (e.g. Mexico, Colombia, Peru, Indonesia, Vietnam, Philippines, Pakistan and the Caribbean island states). This experience is tailored to the extensive risk profile and institutional, social and economic characteristics of Brazil, as well as to the availability of relevant data
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  • 13
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Financial Accountability Study
    Series Statement: World Bank E-Library Archive
    Abstract: The Philippines has made an impressive progress in consumer protection in the banking sector, as shown by the wide range of laws and of regulatory instruments, their active use and enforcement, and by provision of complaint resolution services. The 2013 Global Survey on Financial Consumer Protection indicated that the Philippines compares well with the other economies and yet there is space for further strengthening of the financial consumer protection framework. In order to improve access to financial services, their usage and quality, and further deepen the financial sector, the Philippines has to design and implement a sound financial consumer protection regime with prudential regulation and supervision. This World Bank's Diagnostic Review was undertaken in response to a request from the Bangko Sentral ng Philipinas (BSP). It provides a detailed assessment of the consumer protection framework in the banking sector, with a particular focus on debit and credit products provided by BSP regulated banks. The review addresses the following areas: 1. Institutional Arrangements, 2. Legal and Regulatory Framework, 3. Transparency and Disclosure, 4. Business Practices, 5. Complaints Handling and Dispute Resolution Mechanisms, and 6. Consumer Awareness and Financial Literacy. Volume I summarizes the key findings and recommendations and Volume II provides comparison with the World Bank`s Good Practices for Financial Consumer Protection
    URL: Volltext  (Deutschlandweit zugänglich)
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 14
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: The initial hours and days after a humanitarian emergency are generally seen as the most important. Because they affect the rapid deployment of relief to people in need, international trade policies, and the way in which they are implemented, can make an enormous difference to the effectiveness of the humanitarian response, in many cases, the difference between life and death. The same issues that affect trade on a daily basis, such as costly, inefficient and onerous borders procedures, are magnified in times of humanitarian emergencies where speed and reliability of delivery are so critical. Trade also plays a key role in recovery and reconstruction well beyond the initial phase of an emergency. This report surveys three main areas at the intersection of trade-related policies and humanitarian emergencies: (i ) border procedures and trade facilitation; (ii) trade and disaster recovery and reconstruction; and (iii) other trade policies affecting humanitarian response
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  • 15
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, notes that we stand at a critical threshold for global health and development. Too many women and children are still dying because they lack access to quality health care, especially in the least developed countries. He talks about shifting focus from inputs to paying for results, an approach that has been proven to be extremely effective in getting high quality, essential health services to women and children. He remarks that empowering frontline health workers with the autonomy and resources to develop strategies to improve service delivery has resulted in transformational changes in access and quality. As countries move toward universal coverage, fewer mothers die in childbirth, and more babies are born healthy
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  • 16
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, emphasized that children learned better when we level the playing field at an early stage. He stressed the need for stronger basic education with immediate investment, and a focus on recruitment, grooming, and motivation of teachers. He concluded that we must sustain this momentum and use all available resources and evidence to make sure that every child is in school and learning
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  • 17
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Systems Approach for Better Education Results (SABER)
    Abstract: The Solomon Islands has focused on increasing studentlearning outcomes by improving the quality of educationin the country. An effective student assessment systemis an important component of efforts to improveeducation quality and learning outcomes because itprovides the necessary information to meet stakeholders' decision-making needs. In order to gain abetter understanding of the strengths and weaknesses ofits existing assessment system, the Solomon Islands decided to benchmark this system using standardized tools developed under The World Bank's Systems Approach for Better Education Results (SABER) program.SABER is an evidence-based program to help countriessystematically examine and strengthen the performanceof different aspects of their education systems. The goal ofSABER-Student Assessment is to promote stronger assessment systems that contribute to improved education quality and learning for all
    Library Location Call Number Volume/Issue/Year Availability
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  • 18
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses fundamental issues in global development and the World Bank Group's role in helping countries and the private sector meet the greatest challenges in development. He speaks about the twin goals, to end extreme poverty by 2030 and to boost shared prosperity. Due to television, everyone knows how everyone else lives. We must not remain voluntarily blind to the impact of economic choices on the poor and vulnerable. He added that we must ensure that our economic progress does not irreparably compromise our children's future due to climate change. World Bank's lending capacity - or the amount of loans we can carry on our balance sheet -- will increase by USD 100 billion dollars in the next decade, to roughly USD 300 billion dollars. He concludes by saying that all parts of our global society must unite to translate the vision of a more just, sustainable economy into the resolute action. That will be our legacy to the future. Dr. Kim fielded questions
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  • 19
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Marek Belka, Chairman of the Development Committee, stated that there was a very broad, uniform support for the twin goals of the World Bank Group. He noted the resounding support for internal reforms at the World Bank Group. Jim Yong Kim, President of the World Bank Group, spoke about the change process and the success in developing and bringing together Global Practices and cross-cutting solution areas throughout the world. He noted the IDA replenishment and new financial arrangements that will allow increased lending in the next few years. He concludes by noting the need for a carbon price and the need to reduce fossil fuel subsidies, the importance of energy efficiency and improved performance standards, and and also long-term finance for renewable energy. Christine Lagarde, IMF Managing Director, affirms that the IMF will continue to work on the issues of inequality, gender inclusion, growth, and the job market, and the fiscal aspect of climate change and how those matters of macroeconomic criticality can be addressed using fiscal tools. They fielded questions on IMF governance reform, the impact of technological change on employment, and the pace of the Global Infrastructure Facility
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  • 20
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, said he was honored to share the Prince Mahidol award with a distinguished group of individuals who have spent many years fighting to end the HIV-AIDS epidemic. He said that Thailand was the first developing country to mount a successful HIV prevention response. Thailand's successes in AIDS prevention and treatment were not inevitable, neither was its quest for universal health coverage. He have learned that investing in people is not just the right moral choice, ambitious reforms require skillful balancing of competing demands and a handful of committed people with vision have the power to change the world. He concludes that lessons are universal and timeless that we can achieve great things, if we learn from history, and contribute to a lasting evidence-based wisdom
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  • 21
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Systems Approach for Better Education Results (SABER)
    Abstract: SABER-Student Assessment is a component of the SABER program that focuses specifically on benchmarking student assessment policies and systems. The goal of SABER-Student Assessment is to promote stronger assessment systems that contribute to improvededucation quality and learning for all. Samoa has focused on increasing student learningoutcomes by improving the quality of education in the country. An effective student assessment system is animportant component of efforts to improve education quality and learning outcomes because it provides the necessary information to meet stakeholders' decision making needs. In order to gain a better understanding ofthe strengths and weaknesses of its existing assessment system, Samoa decided to benchmark this system usingstandardized tools developed under The World Bank's Systems Approach for Better Education Results (SABER)program. SABER is an evidence-based program to helpc ountries systematically examine and strengthen the performance of different aspects of their education systems
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  • 22
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: This note presents practical guidance on how to implement a framework for managing fiscal commitments from Public-Private Partnerships (PPPs). It draws on specific regional operational experience and on World Bank Institute (WBI)'s wider thematic engagement with different partners worldwide. The note provides practical advice on how to: consistently identify and assess fiscal commitments arising from PPPs during project preparation and implementation; incorporate these into the project approval process, including budgeting for these appropriately; and strengthen the monitoring and reporting of fiscal commitments over the lifetime of the project. It explains the fiscal commitments that can arise from PPP projects; why governments may find it difficult to assess and manage these fiscal commitments and incorporate them into project selection; and the key components of an institutional framework to manage fiscal commitments at both the development and implementation stages of a project, including the roles, responsibilities, and processes for managing PPP fiscal commitments
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  • 23
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, spoke about how the Bank and other institutions can help boost shared prosperity and reduce inequality around the world. He talked about the importance of measuring income growth among the bottom 40 percent and compared that to the general population, but stressed that income alone cannot fully capture whether the bottom 40 percent are sharing in the prosperity of a country. Kim also spoke about the terrible consequences when institutions have too low aspirations for the poor, which the world is once again learning in its late response to the Ebola epidemic. He discussed that it's not only a moral imperative for countries to come to the aid of the three countries most affected by the epidemic, Guinea, Liberia, and Sierra Leone, but also an economic imperative to respond as rapidly and effectively as possible now before the epidemic spreads much wider
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  • 24
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: Improving logistics performance is at the core of the economic growth and competitiveness agenda. Policymakers globally recognize the logistics sector as one of their key pillars for development. Trade powerhouses in Europe like the Netherlands or in developing countries like Vietnam or Indonesia see seamless and sustainable logistics as an engine of growth and of integration with global value chains. Indeed, inefficient logistics raises the costs of trading and reduces the potential for global integration. This is a hefty burden for developing countries trying to compete in the global marketplace. Since 2007, the Logistics Performance
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  • 25
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: Public-private dialogue (PPD) is highly necessary in fragile and conflict-affected situations (FCS) to fill the gap resulting from the lack of legitimate institutions, to help create transparency and trust among stakeholders, and to identify the need for reforms and interventions that can improve the business environment and attract investment. Moreover, creating a platform for PPD can provide a useful starting point for private sector development in FCS for projects in key sectors, such as agribusiness and extractives, where PPD can help build links between large-scale investments and the local economy. To support PPD projects in FCS, the World Bank Group has conducted a survey of 27 task team leaders and other program staff members with experiences from 30 FCS countries. The survey was followed by in-depth interviews with 13 key staff members who have experience from selected countries. By conducting in-depth interviews, the Bank Group aimed to capture important experiences and lessons learned, including a description of challenges, useful tools and methods, and do s and don ts. The results of PPD are produced by the reforms it initiates and also the process it implements. In FCS, the peacebuilding and conflict-mitigating results are difficult to capture. However, the stakeholders that benefit from the results highly value them. This study will inform the design of guidelines intended for PPD project managers operating in FCS environments
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  • 26
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: Located in South Asia, Pakistan is the sixth most populous country in the world. Pakistan is divided into four provinces, a state and federally and provincially administrated territories. The country is exposed to several types of natural disasters, prominent among which are earthquakes, floods, droughts, cyclones and landslides. Recurring floods formed the bulk of the natural disasters to have struck Pakistan since the country's formation, with the collective toll of the floods prior to the earthquake of 2005 leaving 6,700 people dead. Windstorms, though less frequent, have also been devastating for Pakistan. As of the earthquake of 2005, the windstorm of 1965 remained the most fatal natural disaster in the country's history, claiming about 10,000 lives. The devastation caused by the earthquake of 2005, however, eclipsed all previous disasters. Reacting decisively to the earthquake, the government established a new reconstruction agency, the Earthquake Reconstruction and Rehabilitation Authority (ERRA) to lead, coordinate and oversee reconstruction. This case study, based on comprehensive literature review and interviews with key stakeholders, presents the highlights of the post-earthquake reconstruction process. It outlines the decision-making processes in recovery planning and extracts best practices and key lessons learned from the experience
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  • 27
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Foreign Trade, Foreign Direct Investment, and Capital Flows Study
    Abstract: Uruguay has much to gain from further integration with the global marketplace. Increased trade allows economies of scale and increases exposure to technological and knowledge spillovers, resulting in greater productivity. Participating in global and regional value chains is an important launch-pad for international integration. Uruguay requires a multipronged strategy that targets increased sophistication of Uruguay's productive structure and diversification into specialized, high-value, modern services exports unconstrained by lack of economies of scale or distance. This report analyzes the dairy and Information and Communications Technology (ICT) and ICT Enabled Services (ICTES) value chains in Uruguay to identify opportunities for industry-specificupgrading and integration with global value chains (GVCs). By taking the dairy and ICT/ICTES value chains as concrete cases, the analysis piloted here illustrates how a traditional industry, locked in low value added exports, such as dairy, and a new export service industry, such as ICT/ICTES, can tackle the remoteness and 'smallness' challenges of Uruguay, and pursue economic upgrading andbetter international integration. The analytical approach targets opportunities to both enter new international production networks and participate in higher-value-added business segments. These objectives align with the Government of Uruguay's priority to determine how the country can integrate better with global markets through GVCs. GVCs have four key features that set them apart from traditional production and trade: (1) customization of production-with intensive contracting between parties, often subject to distinct legal systems, (2) sequential production decisions going from the buyer to the suppliers, (3) high contracting costs, and (4) global matching not onlyof goods and services, but also of production teams. These distinct features of GVCs have implications for the overall business environment conducive to fertile grounds for GVCs to prosper, as well as for the types of trade facilitation efforts, infrastructure, skills, and trade and investment policies that are best suited for this reality
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  • 28
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: External financing conditions for developing countries have been remarkably favorable in recent months, reflecting expectations of a more drawn-out period of monetary policy accommodation in high-income countries and some narrowing of external vulnerabilities. Additional easing by the European Central Bank, combined with prospects of modest growth and stable inflation in the United States ( Goldilocks recovery ), helped pull down bond yields and volatility worldwide. These benign conditions currently provide support to capital inflows and activity across developing countries, but could at the same time increase the risk of greater and potentially more abrupt market adjustments ahead. Despite some reduction of current account deficits in several developing countries, many remain vulnerable to sudden shifts in investors sentiment and capital outflows. Following a brief period of market turmoil at the start of the year, global financing conditions have eased consider-ably from March to June. Bond spreads for developing countries (i.e. yield difference with 10-year U.S. Treasury bonds) have narrowed, bringing down average borrowing costs to their lowest level since the spring of 2013. Stock markets have also recovered rapidly from a significant sell-off in January/February, despite rising geopolitical tensions and evidence of disappointing activity in the first quarter of the year. As presented in the June 2014 edition of Global Economic Prospects, a more favorable global environment is reflected in upward revisions to capital inflow forecasts for developing countries, now projected to remain broad-ly stable as a percentage of GDP in 2014 and 2015, at around 5.6 percent, before declining again in 2016, to 5.1 percent. While baseline forecasts assume an orderly in-crease in long-term interest rates in high-income countries, the risk of more abrupt adjustments from current low levels has recently increased. Escalating geopolitical tensions or financial stress in some developing countries could also potentially trigger a sudden re-pricing of risk. Despite the recent narrowing of current account deficits in some developing countries, many remain vulnerable to a sharp increase in borrowing costs and/or significant currency depreciations, which could put additional strain on corporate and bank balance sheets
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  • 29
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Adaptation To Climate Change ; Climate Change ; Climate Change Economics ; Climate Change Impacts ; Decision Making ; Environment ; Financial Management ; Macroeconomics and Economic Growth ; Private Sector
    Abstract: The 2013 Fifth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC AR5) advised that warming of the climate system is unequivocal and said that since the 1950s many of the observed changes are unprecedented over decades to millennia. Climate change is one of the greatest challenges of our time it affects every country and yet progress in mainstreaming climate change into the policy-making process is patchy. Some countries political leaderships have put in place high-profile climate change mitigation and adaptation plans, with broad participation across government agencies and nongovernmental stakeholders, and with their central finance and planning agencies assuming a key role. In many other countries, however, climate change issues remain the preserve of specialist environmental agencies and there is no framework or mechanism by which climate change issues are systematically taken into account in national planning. This Climate Change Public Expenditure and Institutional Review Sourcebook (CCPEIR) seeks to provide practitioners with the tools and information needed to respond to the public expenditure policy and management challenges arising from climate change. It is a series of notes and supporting materials written to consolidate current research and international experience, to identify emerging practice, and to provide practical and applicable guidance for staff of central finance agencies, development agencies, environmental agencies, and international organizations working on climate change issues
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  • 30
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses how to boost Latin America's growth. The region needs to increase productivity, spur innovation, and adapt its productive structure to changing circumstances which must become a national priority for all countries, independent of their political cycles and ideologies. Improving logistics and infrastructure, education, and the contractual environment are critical to advance development in the region. World Bank Group is working with the Haitian Government and the private sector to introduce best practices in public-private partnerships and to create opportunities for the Haitian people who have been waiting so long for them. He concludes by saying that providing disadvantaged children access to a quality education raises their productive capacity and enhances social inclusion through higher employability leading to higher growth and improved quality of life
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  • 31
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group states that the infrastructure gap is enormous --an estimated USD 1 trillion to USD 1.5 trillion more is needed each year. To fill this gap, the Bank needs to tap into the trillions of dollars held by institutional investors, most of which are sitting on the sidelines, and direct those assets into projects that will have great benefit for a range of developing countries. The Bank announced the creation of the Global Infrastructure Facility, which is designed to attract financing for infrastructure needs. To combat Ebola, the Bank needed to move to an emergency footing. During all of the efforts on infrastructure, Ebola, and climate change, teams from across the institution worked collaboratively and displayed an inspiring commitment to innovation. The Bank will be aggressive and creative and apply large-scale solutions to help states manage, prepare for, recover from and conquer the risks, so they can grow and flourish. The Bank's strategy on climate change has five parts: carbon pricing, eliminating fuel subsidies, cleaner cities, smart agricultural policies, and renewable energy investment
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  • 32
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, focuses on economic policy as the key to mobilizing a coordinated global response to climate change. He talks about the need to confront climate change, without which there will be no hope of ending poverty or boosting shared prosperity. He adds that the longer the delay in tackling climate change, the higher the cost will be to do the right thing for our planet and our children. He affirms that from the Paris meeting we will make the rallying cry for effective management of local, national and global economies to fight climate change. The Paris agreement needs to speak as loudly of economic transformation as it does of pollution or carbon emissions targets. Carbon pricing that can raise revenues and can be used to generate more economic and social benefits. Specific efforts are needed to scale up renewable energy and develop carbon capture and sequestration technology, at a pace that will allow us to reach carbon neutrality by the end of the century. He concludes by saying that he will drive the World Bank Group and all its capabilities--financial, technical, and human--to support this development transition toward the goal of preserving our planet for all future generations
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  • 33
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses setting a clear target for growth. He is pleased with the focus on infrastructure. The World Bank, the Asian Development Bank, African Development Bank, and the Inter-American Development Bank plus others, together will supply about USD 100 billion in support for infrastructure. Kim fielded questions about the fight against Ebola, the proposal for a contingency fund to prevent future outbreaks, developing country expectations of the G20 summit, inequality, the Global Infrastructure Facility, and the China-US pact and climate change
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  • 34
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Systems Approach for Better Education Results (SABER)
    Abstract: This report presents an assessment of school feeding policies and institutions that affect young children in Uganda. The analysis is based on a World Bank tool developed as part of the Systems Approach for Better Education Results (SABER) initiative that aims to systematically assess education systems against evidence based global standards and good practice to assist countries reform their education systems for proper learning for all. The overall objective of the initiative is to help countries design effective policies to improve their education systems, facilitate comparative policy analysis, identify key areas to focus investment, and assist in disseminating good practice
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  • 35
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Systems Approach for Better Education Results (SABER)
    Abstract: Across the globe, the author see increasing interest in attracting, retaining, developing, and motivating great teachers. Student achievement has been found to correlate with economic and social progress. Recent studies have shown that teacher quality is the main school-based predictor of student achievement and that several consecutive years of outstanding teaching can offset the learning deficits of disadvantaged students. However, establishing the right teacher policies to ensure that every classroom has a motivated, supported, and competent teacher remains a challenge; evidence on the impacts of many teacher policies remains insufficient and scattered, the impact of many reforms depends on specific design features, and teacher policies can have very different impacts depending on the context and the education policies in place. The main focus of SABER-teachers is on policy design, rather than on policy implementation. SABER teachers analyzes the teacher policies formally adopted by education systems. However, policies 'on the ground,' that is, policies as they are actually implemented, may differ quite substantially from policies as originally designed. In fact, they often do differ, because of the political economy of the reform process, lack of capacity of the organizations in charge of implementing them, or the interaction between these policies and specific contextual factors. Since SABER-Teachers collects limited data on policy implementation, the assessment of teacher policies presented in this report needs to be complemented with detailed information that describes the actual configuration of teacher policies on the ground
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  • 36
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses maternal and child deaths; developing finance; and transforming business in global health and development. He announced that the creation of the Global Financing Facility in support of Every Woman Every Child will enable countries to close the gaps in achieving the health millennium development goals, building on proven experience with results-based financing for health. The Facility will help countries mobilize additional domestic and international resources, including from domestic budgets, other bilateral and multilateral donors, the private sector, and innovative financing mechanisms
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  • 37
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses the need for more trained health workers in the countries most-affected by Ebola, the Global Infrastructure Facility, and fight against cholera in Haiti. The World Bank Group is pledging USD 50 million to help improve access to safe water and sanitation for all Haitians, aimed at preventing waterborne diseases
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  • 38
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Systems Approach for Better Education Results (SABER)
    Abstract: This report focuses specifically on policies in the area of student assessment. Papua New Guinea has focused on increasing student learning outcomes by improving the quality of education in the country. An effective student assessment system is an important component of efforts to improve education quality and learningoutcomes because it provides the necessary information to meet stakeholders' decision-makingneeds. In order to gain a better understanding of the strengths and weaknesses of its existing assessment system, Papua New Guinea decided to benchmark thissystem using standardized tools developed under The World Bank's Systems Approach for Better Education Results (SABER) program. SABER is an evidence-based program to help countries systematically examine and strengthen the performance of different aspects of their education systems. The goal of SABER-Student Assessment is to promote stronger assessment systems that contribute to improved education quality and learning for all
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  • 39
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: The purpose of this report on corporate financial reporting in Austria is to describe the key features of Austria's corporate financial reporting environment as well as its practical application in regard to small and medium enterprises (SMEs') financial reporting practices in Austria. This report builds on the World Bank accounting and auditing reports on standards and codes (ROSC) methodology to give an overview of the Austrian corporate financial reporting system. It selectively provides good practice examples that can give incentives to overcome impediments to financial reporting reform. Based on the findings of two surveys conducted among Austrian SMEs and Austrian financial institutions, the report focuses particularly on aspects relevant to SME financial reporting. This report forms part of the activities of the center for financial reporting reform (CFRR) within the road to Europe program of accounting reform and institutional strengthening (REPARIS), which also provided funding
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  • 40
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Water Papers
    Abstract: Given the broad array of issues and the complexity faced by the water sector as a whole (from irrigation to flood protection, to water conservation and hydropower), there is great demand for future exploring the potential of RBF and tackling the questions still unanswered about many of its operational dimensions. This document takes a closer look at some of the practical aspects of implementing various RBF water schemes. Chapter 2 provides an analytical framework to explore if and when RBF can be a viable option, shedding light on some key factors and preconditions that are necessary for RBF to work--with the understanding that it can be used either as an alternative or a complement to a more traditional input-based funding scheme. Chapter 3 then revisits the concepts discussed in the analytical framework through the analysis of various case studies of RBF approaches in different water-related areas. Some of the case studies are based on actual projects already implemented or ongoing, while others are an illustrative elaboration, given the lack of practical cases to use as sources. Chapter 4 presents some conclusions and lessons learned. The key challenges that are likely to be encountered in designing an RBF scheme deal with: the clarity and level of certainty of the relationships from input to output to outcomes (causal links); the ease and availability of measurable indicators; and, consequently, the optimal determination of the necessary incentive(s) to align the goals of the principal with the agents' deliverables. Appendix A presents a glossary of RBF concepts and acronyms. Appendix B presents specific results and indicators which may be relevant for different sectors
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  • 41
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Public Sector Study
    Abstract: The report is organized as follows. Section two reviews the identity ecosystem in Morocco. The section discusses in detail five identification programs that seem to have complementary strengths and that can be considered as assets. These are the national identity (CNIE), the civil register, the children school register (MASSAR), the register of health assistance (RAMED), and the social security register (CNSS). Section three, provides a global analysis of the data collected and highlights the findings within a holistic view. Section 4 presents some options that may be explored to improve the identification systems in the country. In annex one, the color coded performance matrix for the What Matters factors is given for reference. The methodology of the research is briefly presented in annex two along with the raw data collected through the SPA ID Questionnaire tool, and in annex three some population data from HCP that is used in this report is provided for convenience. It is important to emphasize that in developing options for consideration we worked within the constraint of leveraging existing assets and avoided strategies that would result in activities that overlap with what has been done in the past. This is particularly true for enrollment of the population, which is a costly process. This approach recognizes the need to leverage the existing enrollment databases and procedures
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  • 42
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Education Study
    Abstract: Swaziland's economic growth has moderated over the last two decades and has been among the lowest in Sub-Saharan Africa. The slow growth has exacerbated the serious challenges facing the country's development, for example, high unemployment, particularly among the youth. The demographic shift in the coming two decades will cause working age population growth to outpace population growth. At the recent Gross Domestic Product (GDP) growth rates, job creation will fail to keep pace with the number of new entrants, most of them are the youth and current job seekers in the labor market. Although skills development is a continuing process and most of it takes place on the job, for young people, foundation skills are developed in education and training institutions. In particular, their basic vocational and technical skills are developed through technical and vocational education and training (TVET). Thus, whether the current TVET system in the country can meet the above mentioned expectations needs to be examined. The rapid assessment provides an overview of a highly varied landscape of TVET providers. At present, Swaziland has 70 TVET institutions, 27 are public, 29 are private for-profit, and 14 are run by NGOs, churches and communities (private but non-profit). These institutions offer 415 training programs in 60 areas ranging from vocational programs such as sewing, farming, carpentry, et cetera to highly technical and professional programs such as business management, computer programming, education, et ceteraThe assessment also reveals the fragmentation and lack of coordination of the country's current TVET system. Some principal weaknesses include : 1) Low efficiency of the system, especially in the public sector; 2) Limited range of programs; 3) Lack of strong quality assurance mechanisms at both national and institutional levels; 4) Insufficient public investment in TVET. From the assessment, it is clear that urgent attention must be given to the weak alignment between current TVET provision and labor market requirements. This is particularly evident in priority industries of tourism, food processing, manufacturing, and mining. This report sheds light on potential areas for policy intervention to improve the TVET system and make it more effective in helping address youth unemployment in the country
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  • 43
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses how the World Bank is focused on a prosperity that is shared by everyone, and to lift the billion or so people living in extreme poverty out of that condition so that they can have those things that everybody in the world seems to want. He speaks about the inequality in the economic growth of the countries around the world. He highlights the health care and education sectors as essential to improving lives in developing countries. He points to the fact that the time is now to think about positive ways of moving in a direction to grow economies and at the same time, increase the participation of everyone. He talks about how the World Bank Group is working very hard now to reduce bureaucratic processes so that people in the countries feel a difference. He speaks about climate change and the challenges involved in tackling it. He concludes by saying that they're looking at every possible way of investing in people, of spurring innovation
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  • 44
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group discusses measured hope and optimism, to share a vision for a path forward, to a just and sustainable future in the Middle East and North Africa. He talks about a way forward to help not only Syria rebuild, but also to help Lebanon, Jordan, Turkey, and Iraq recover from the massive spillover effects of the war is to be supported by the principles of co-existence, tolerance, compromise, transparency, good governance, and inclusive economic growth. He talks about the need for improvement in quality of education. He talks about development that requiring a commitment to transparency on the part of governments, and well-informed citizens to hold governments accountable. He speaks about helping women overcome the multiple legal and cultural constraints that have kept their labor force participation in the region at 29 percent, the lowest in the world. He talks about the young people here and throughout the Arab world deserve a chance to grow up in a region that is focused on creating jobs, not on conflict-a region focused on inclusive growth, not on growth for just the elite. The region needs to invest in its people with strong education and health systems
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  • 45
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, shares the good news that the governors of the World Bank Group have set ambitious goals to end extreme poverty by 2030 and to boost shared prosperity for the bottom 40 percent of the population in developing countries. He noted that increased economic activity among women has translated into a reduction in poverty by about 30 percent and has helped insulate their households from the recent financial shocks. We need to address our blind spots. We need to draw more attention to the major constraints for women and girls that are right in front of us. Discrimination and prejudice destroy economic opportunity. He reminds us that Malala Yousafzai started a social movement around education for girls first in Pakistan, and then around the world. If we can even begin to move together with that kind of resolve, the world will be more peaceful, more prosperous, more just and worthy of the mothers who gave birth to us
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  • 46
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses the problem of global inequality. He speaks about the commitment for building the platform which would bring the expertise of not only the World Bank, but the International Monetary Fund (IMF) and other multilateral development banks, to prepare projects and bridge the gap in what is a market failure. He speaks about the companies that were represented, sovereign wealth funds, the countries that had signed on, including China, which has made very strong commitments to finding a price on carbon for the world. He highlights about the need for some source of funding that will disperse immediately on the occasion of the next epidemic, and the global community needs to come together to decide what the response will be. Christine Lagarde, IMF Managing Director, commended Kim on his efforts in the fight against Ebola. Lagarde noted that much of Africa is growing and creating jobs. The two fielded questions on Ebola, the role of China in these institutions, China's investment-led growth strategy, and the Asian Infrastructure Investment Bank
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  • 47
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group discusses the importance of safety nets and social protection that countries provide to their citizens. He announces supporting for Mexico's second-generation safety net program PROSPERA, which provides a financial cushion to poor people, allowing them to achieve a higher level of health and security and giving them the chance to learn skills and to find good jobs to become more productive workers, to raise their income levels, and to promote economic growth. He talks about Mexico that played a crucial role in sharing lessons learned from its leadership in the sector and responding to presentations on the experiences of other countries that have faced similar challenges
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  • 48
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses the Ebola epidemic as continuing as a serious threat, not only in terms of human lives, especially in the three most affected countries - Guinea, Liberia, and Sierra, but to the regional and global economies as well. He then addressed educational reform. To promote inclusive growth, the World Bank Group works to facilitate the diffusion of knowledge and support countries in investing in the productivity and skills of their people. Taking on new challenges, solving problems creatively, and working across different backgrounds and cultures, will be important tasks for the vast majority of human beings in the 21st century. He discussed shortcomings of Korea's educational system
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  • 49
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Law and Justice Study
    Abstract: Afghanistan has a multitude of complementary, competing, and at times conflicting spaces for rule-setting and dispute resolution; state laws, Shari'a, and customary practices and norms are applied and enforced in varying situations, by state as well as non-state justice institutions. State justice institutions are those which represent the central government and the formal legal system. Non-state justice institutions include a range of both traditional and new community organizations, such as shuras (local councils), among others. Even significant individual positions in communities can represent non-state justice institutions, as can be the case for mullahs. This study looks at the gender dynamics of access to justice services in Afghanistan. It examines the intersecting spaces of state and non-state institutions and their respective bodies of law and norms to gain a better understanding of how they affect the choices that women make in resolving disputes through those institutions. By investigating barriers hindering women's access to justice services, identifying the most common disputes or cases that women and men bring before justice institutions, examining justice-seeking behaviors of women and men, and documenting levels of satisfaction with the process and its outcomes, the study aims to provide Afghan and international policy makers and program designers with quantitative evidence to devise approaches that address gender-based inequities in women's access to justice and justice outcomes. Another contribution of this study is to inform the World Bank-financed Justice Service Delivery Project (JSDP), which is aimed at improving access to justice by supporting both state and non-state justice institutions
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  • 50
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: Environmental and social responsibility is becoming more and more important in today's global economy. There are thousands of environmental and social codes and standards in the world today. The codes and standards define the rules and the objectives. But the challenge is in the implementation. An environmental and social management system (ESMS) helps companies to integrate the rules and objectives into core business operations, through a set of clearly defined, repeatable processes. This handbook is intended to be a practical guide to help companies in the food and beverage industry develop and implement an environmental and social management system, which should help to improve overall operations. Sections I and II provide background on ESMS in the food and beverage industry. Section III provides step-by-step instructions on how to develop and implement an ESMS. For more publications on IFC Sustainability please visit www.ifc.org/sustainabilitypublications
    URL: Volltext  (Deutschlandweit zugänglich)
    URL: Volltext  (Deutschlandweit zugänglich)
    URL: Volltext  (Deutschlandweit zugänglich)
    URL: Volltext  (Deutschlandweit zugänglich)
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 51
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Financial Accountability Study
    Series Statement: World Bank E-Library Archive
    Abstract: This diagnostic study was undertaken by the World Bank in response to a request from Otoritas Jasa Keuangan (OJK), the Indonesian Financial Services Authority, and Bank Indonesia, the nation's central bank. Indonesia's financial sector has a lot of growth potential considering the relatively low volume of domestic credit provided by the private sector - just 43 percent of gross domestic product (GDP) in 2012. To steer the growth to sustainability, the Indonesian authorities have emphasized financial consumer protection in the 5 pillars of Indonesia's national strategy for financial inclusion. This review aims to assist Indonesia in developing and implementing its national strategy and provides a detailed assessment of the consumer protection framework in six segments of Indonesia's financial sector: banking, securities, insurance, non-bank credit institutions, private pensions, and credit reporting. This study also informed the design of the World Bank's support program for Indonesia under the financial inclusion support framework (FISF) initiative. The review addresses the following issues: (1) institutional arrangements, (2) legal and regulatory framework, (3) transparency and disclosure, (4) business practices, (5) complaints handling and dispute resolution mechanisms, and (6) consumer awareness and financial literacy. Volume I summarizes the key findings and recommendations and volume II assesses each financial sector segment with regard to the good practices for financial consumer protection
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    URL: Volltext  (Deutschlandweit zugänglich)
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  • 52
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: Running a business involves continuous growth. Such growth can be organic, stemming from resources created internally in the enterprise. However, in many cases an external development strategy is adopted, based on acquisition of other entities. Such an acquisition may involve creation of a capital group, within which each of the companies maintains its separate legal personality. However, if a capital group is not the optimal form for the given business activity, acquisition of another entity may take form of a business combination. In such case, assets and liabilities of the acquire are directly incorporated into the books of the acquirer. The overriding principle of accounting regulation is primacy of economic substance over legal format. Pursuant to this principle, economic transactions must be recorded in the accounting records in accordance with their economic nature1. In order to determine properly the economic nature of a business combination, an analysis must be performed of economic impacts of such a combination. Economic consequences for merging entities are described in the provisions of commercial law
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  • 53
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy Notes
    Abstract: This is a policy note following from the book Health Financing in the Republic of Gabon. The book is a comprehensive assessment of health financing in the Republic of Gabon. The book reviews the health financing situation in light of the government's introduction of a national health insurance program and its commitment to achieving universal health insurance coverage in the medium term. The book provides a diagnostic of the situation in light of recent data from the demographic and health survey, updated national health accounts, and a review of public expenditures in the health sector. Additionally, it performs a benchmarking exercise to assess how Gabon performs in its health spending and health outcomes compared to countries of similar income and compared to countries in the region. A forthcoming household survey is expected to provide better information on financial protection against illness costs. This book attempts to diagnose Gabon's current situation in regards to achieving universal health coverage. Gabon should be commended for its commitment to improving health indicators of the poor and the underserved. The book shows that while the government has set an ambitious goal for itself, several challenges exist in meeting these objectives in the medium term as follows (i) resource mobilization efforts are a priority to sustain its programs financially; (ii) to prioritize resources for areas considered, value for money, to improve equity in access and delivery of health services, with particular focus on primary care, public health program, and quality of care; (iii) to increase the population's coverage under the national health insurance program, with focus on the poor and the informal sector workers; and (v) to consider areas that would improve efficiency and reduce costs. The book is timely, given that the government has recently produced, the Plan Social. It provides a diagnostic of the health sector and provides key recommendations and options for the government to consider in the short to medium term
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  • 54
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: Legislation based on international standards and harmonized between trade partners facilitates trade and enables products from developing countries to be competitive in the international market. Countries looking to export to the EU should aim to harmonize legislation with EU rules. If exporting to EU markets is not a priority, countries should follow requirements of the WTO SPS agreement and thus ensure that their products can access markets of all WTO member states. Both the EU and WTO legislative models for food safety require a risk-based approach to food safety controls, prioritizing funds and activity on the most risky areas. Reforms in this area should be primarily focused on ensuring food safety, although ensuring that consumers are receiving the quality of food that they expect is also a consideration. When planning legislative reform, the burden on business should be carefully considered, and consultation with the business community is strongly recommended to obtain a good understanding of the business perspective. Public awareness on the need for reforms can be important and it is essential to outline the benefits of improved food safety legislation to consumers and their representative bodies as they can help to support reforms and sustain their results
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  • 55
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Private Sector Development, Privatization, and Industrial Policy
    Abstract: The purpose of this policy note is to present reform options on cabotage liberalization. The goal of cabotage liberalization is to help i) foster more competition in the domestic shipping industry, ii) reduce shipping cost, and iii) improve efficiency, maritime services, and safety standards. These, together with complementary reforms in domestic shipping and ports, can help enhance consumer and producer welfare through lower consumer prices, higher household real income, timely delivery of goods, and ultimately, job creation and poverty reduction through greater market access. This policy note on cabotage is organized as follows. Part one provides an overview of the domestic shipping industry and discusses the key issues that it faces. Part two discusses the underlying reasons for the industry's inefficiency. Part three discusses the concept of cabotage, the cost and benefit of cabotage liberalization, and the cabotage regimes of the Philippines and of selected countries. Part four closes with a discussion of reform options
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  • 56
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Systems Approach for Better Education Results (SABER)
    Abstract: This report presents an analysis of the Early Childhood Development (ECD) subsector, including programs and policies that affect young children in the Republic of Kiribati. This was a collaborative effort between UNICEF and the World Bank Group; it combines the World Bank Group's Systems Approach for Better Education Results SABER-ECD framework, which includes analysis of early learningand child p, health, nutrition, and social rotection policies and interventions in Kiribati, along with regional and international comparisons, as well as the regionally developed UNICEF National Situational Analysis ECD, which takes a greater in-depth look at the following system components, which have been highlighted by the Pacific Region as priority components for quality Early Childhood Care and Education (ECCE) implementation: policy, legislation, and governance; human resources; curriculum, child assessment, and environment; performance monitoring and assessment; and community partnerships. In 2008, the Ministry of Education (MOE) drafted the Kiribati Early Childhood Care and Education (ECCE) Policy, which was formally endorsed by Cabinet in 2010. The ECCE policy, targeting ages three to five, calls ECCE a "national responsibility" with a mission "to culturally nurture young children in a loving and caring environment to enhance through interactive play the fullest potential of their physical, intellectual, social, emotional and spiritual growth in line with trends and development". This country report presents a framework to benchmark Kiribati's ECD system; each of the nine policy levers and five system components are examined in detail, and policy options to strengthen ECD are offered. This report is intended to serve as a first step for decision making within the government of Kiribati to improve the ECD system. Now that some areas in need of policy attention have been identified, the country can move forward in prioritizing policy options to promote healthy and robust development for all children during their early years
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  • 57
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Systems Approach for Better Education Results (SABER)
    Abstract: The Democratic Republic of the Congo (DRC) has focused on increasing student learning outcomes by improving the quality of education in the country. An effective student assessment system is an important component to improving education quality and learning outcomes as it provides the necessary information to meet stakeholders' decision-making needs. In order to gain a better understanding of the strengths and weaknesses of its existing assessment system, DRC decided to benchmark this system using standardized tools developed under The World Bank's Systems Approach for Better Education Results (SABER) program. SABER is an evidence-based program to help countries systematically examine and strengthen the performance of different aspects of their education systems. The key policy areas for this students assessment are as follows: (i) Classroom Assessment; (ii) Examinations; (iii) National Large-Scale Assessment (NLSA); and (iv) International Large-Scale Assessment (ILSA)
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  • 58
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: The main objective of the study is to provide a comprehensive analysis of HIV and health financing needs, investment opportunities, and health system development in the context of the Government of Niger's HIV National Strategic Plan (NSP) 2013-17. The analysis provides support for HIV policy decision-making, investment scenarios and programmatic targeting and prioritization. In addition, the analysis helps Niger build the case for HIV and health impact investment including delivering estimates of health care savings as a result of these investments. The analysis was implemented by the World Bank in collaboration with UNAIDS from a request for analytical support from the Government of Niger. The study involved a desk review of HIV- and health-related evidence, epidemic trends and financial modeling. The Optima model (formerly Prevtool) was used to estimate optimal resource allocation during the NSP, and the impact and cost-effectiveness of past HIV investments. A financial commitment framework was used to estimate longer-term costs and savings of the HIV program and the fiscal dimension of HIV in Niger
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  • 59
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Debt Management Performance Assessment
    Abstract: In response to a request from the Government of Republic of Haiti, a World Bank mission team undertook a debt management performance assessment (DeMPA) mission to Port-au-Prince, Haiti between March 13 and 21, 2014. The mission comprised Zeinab Partow (Senior Economist, PRMED Team Leader, World Bank), Karen Bihr (Project Manager, UNCTAD, Implementing Partner), Mame Pierre Kamara (Consultant), Patrick van der Wansem (Consultant), Mamonjiarisoa Volatantely Randrianjanaka (World Bank and Ministry of Finance of Madagascar) and Evans Jadotte (Economist, LCSPE, World Bank). This report includes the results of the assessment. The mission met with officials at the Ministry of Economy and Finance, the Central Bank of Haiti, the Ministry of Planning and External Cooperation, the Supreme Audit Institution, the Prime Minister's Office, as well as with financial sector entities. The team wishes to sincerely thank the authorities for their collaboration and support of the mission team, for the rich and substantive discussions that took place, and for their hospitality
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  • 60
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Keywords: Nonprofit-Organisation ; Kapitalbeschaffung ; Finanzierung ; Nachhaltigkeit
    Abstract: This paper seeks to shed new light on the sustainability options, and particularly the financial sustainability options, potentially available to a particular set of social accountabilities (SAcc) organizations. Such organizations tend to operate in less-developed regions of the world and often in situations in which governmental accountability structures and traditions are far from fully established. Though intended as a preliminary thought piece rather than an empirical survey of practice even among this limited array of organizations, the paper nevertheless draws on a wide variety of sources, including a substantial body of literature, numerous interviews, organizational websites, and an analysis of recent trends in nonprofit finance to suggest five concrete strategies that SAcc organizations of this type can usefully consider. The five strategies for SAcc organization financial sustainability can be discerned: (a) Building the brand; (b) selling social accountability services; (c) selling by-products of social accountability services; (d) selling government savings; and (e) securing and managing assets
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  • 61
    Language: English
    Pages: Online-Ressource (39 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Andrés, Luis Infrastructure Gap in South Asia
    Abstract: If the South Asia region hopes to meet its development goals and not risk slowing down or even halting growth, poverty alleviation, and shared prosperity, it is essential to make closing its huge infrastructure gap a priority. Identifying and addressing gaps in the data on expenditure, access, and quality are crucial to ensuring that governments make efficient, practical, and effective infrastructure development choices. This study addresses this knowledge gap by focusing on the current status of infrastructure sectors and geographical disparities, real levels of investment and private sector participation, deficits and proper targets for the future, and bottlenecks to expansion. The findings show that the South Asia region needs to invest between US
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  • 62
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Poverty Study
    Abstract: The current report is part of the work on integrating poor areas and marginalized communities in Romania. Specifically, the Bank's technical assistance provided through this project focuses on three primary components: (1) a methodology for defining different types of urban disadvantaged communities based on a set of key criteria and indicators; (2) detailed maps that present the spatial distribution of these indicators and the corresponding types of marginalized communities; and (3) strategies for integrating these communities in the form of an integrated intervention tool and six conceptual pilots. The atlas presents the methodology used to define different types of urban disadvantaged areas as well as urban pockets of urban marginalization where deprivation is most severe. It identifies criteria and sets of indicators for each type that enable their identification and spatial location using the 2011 population census data. The atlas also produces the results of an analysis to determine the rate of urban marginalization in Romania and the characteristics of urban marginalized communities. Lastly, the atlas presents a series of maps at the city and town, county and regional level that present the spatial distribution of disadvantaged areas and marginalized communities, based on data from the 2011 population and housing census and information collected directly from municipalities
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  • 63
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    ISBN: 9781464801433
    Language: English
    Pages: Online-Ressource
    Edition: 2014 World Bank eLibrary
    DDC: 388.3/242
    Keywords: Verkehrsweg ; Logistikdienstleister ; Welt ; Business logistics ; Trade routes Planning ; Transportation corridors Planning ; Business logistics ; Trade routes Planning ; Transportation corridors Planning ; Business logistics ; Trade routes ; Transportation corridors
    Note: Includes bibliographical references and index
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  • 64
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    ISBN: 9781464801662
    Language: English
    Pages: Online-Ressource (246 p)
    Edition: 2014 World Bank eLibrary
    Series Statement: World Development Indicators
    Abstract: The Little Data Book 2014 is a pocket edition of World Development Indicators 2014. It is intended as a quick reference for users of the World Development Indicators database, book, and mobile app. The database covers more than 1,200 indicators and spans more than 50 years. The 214 country tables present the latest available data for World Bank member countries and other economies with populations of more than 30,000. The 14 summary tables cover regional and income group aggregates
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  • 65
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    ISBN: 9781464801808
    Language: English
    Pages: Online-Ressource (244 p)
    Edition: 2014 World Bank eLibrary
    Series Statement: World Development Indicators
    Abstract: One of a series of pocket-sized books that provide a quick reference to development data on different topics, 'The Little Data Book on Private Sector Development 2014' provides data for more than 20 key indicators on the business environment and private sector development in a single page for each of the World Bank member countries and other economies with populations of more than 30,000. The 200 country pages are supplemented by aggregate data tables by regional and income groupings
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  • 66
    ISBN: 9781464802881
    Language: English
    Pages: Online-Ressource (140 p)
    Edition: 2014 World Bank eLibrary
    Series Statement: World Bank Studies
    Abstract: This publication briefly describes the processes and methodologies for building and sustaining multistakeholder coalition to drive reforms in the health sector. It is based on the experiences of three East African countries -- Uganda, Tanzania and Kenya. It outlines, by chapter, each country's experience in identifying, mobilizing, and coalescing key stakeholders to address governance bottlenecks in pharmaceutical procurement and supply chain management. It highlights challenges, successes as well as lessons learned to guide other countries
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  • 67
    Online Resource
    Online Resource
    Washington, DC : World Bank Group | Washington, D.C : The World Bank
    ISBN: 9781464804229
    Language: English
    Pages: Online-Ressource (106 p)
    Edition: World Bank eLibrary
    RVK:
    Keywords: Westafrika ; Ebola-Virus ; Auswirkung ; Wirtschaft
    Abstract: Beyond its terrible toll in human lives and suffering, the Ebola epidemic has inflicted a measurable economic impact on West Africa in terms of forgone output, higher fiscal deficits, rising prices, lower real household incomes, and greater poverty. This impact results partly from the health-care costs and forgone productivity associated with being infected, but it is driven principally by the efforts of the uninfected population to avoid exposure ('aversion behavior'). The Economic Impact of the 2014 Ebola Epidemic: Short- and Medium-Term Estimates for West Africa provides a mixed methods analysis of the economic impact, combining theory on the channels of economic impact of the epidemic, economic indicators across sectors in the affected countries, and models of how these economies interact with each other and with the broader world. The result is a quantification of the potential overall magnitude of the economic impact for Guinea, Liberia, and Sierra Leone, as well as for West Africa as a whole. Ebola's short-term economic impact (2014) in the three core countries is on the order of US
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  • 68
    Language: English
    Pages: Online-Ressource (39 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Andres, Luis A Sanitation and Externalities
    Abstract: This paper estimates two sources of benefits related to sanitation infrastructure access on early childhood health: a direct benefit a household receives when moving from open to fixed-point defecation or from unimproved sanitation to improved sanitation, and an external benefit (externality) produced by the neighborhood's access to sanitation infrastructure. The paper uses a sample of children under 48 months in rural areas of India from the Third Round of District Level Household Survey 2007-08 and finds evidence of positive and significant direct benefits and concave positive external effects for both improved sanitation and fixed-point defecation. There is a 47 percent reduction in diarrhea prevalence between children living in a household without access to improved sanitation in a village without coverage of improved sanitation and children living in a household with access to improved sanitation in a village with complete coverage. One-fourth of this benefit is due to the direct benefit leaving the rest to external gains. Finally, all the benefits from eliminating open defecation come from improved sanitation and not other sanitation solutions
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  • 69
    Language: English
    Pages: Online-Ressource (27 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Yoshida, Nobuo Is Extreme Poverty Going to End?
    Abstract: The World Bank has recently adopted a target of reducing the proportion of population living below US
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  • 70
    Language: English
    Pages: Online-Ressource (47 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Barma, Naazneen H Tailoring Civil Service Pay Analysis and Advice to Context
    Abstract: The adequacy of compensation for government workers and the affordability of the public sector wage bill are important concerns for many developing countries. Suitable pay is considered a necessary-albeit far from sufficient-condition for attracting and retaining skilled public sector staff. This paper makes the case for conducting fine-grained analysis of pay and compensation issues in order to enable an accurate assessment of the challenges faced and thereby to generate good-fit reform recommendations that are both principled and feasible. The first part of the paper focuses on prevalent challenges in pay reform, both contextual and analytical. It builds on the experiences from three very different settings: Armenia, the Lao People's Democratic Republic, and Mongolia. The study begins by surveying some of the common difficulties in conducting granular analysis on civil service compensation. It then outlines a series of methodological approaches that can prove useful in developing comprehensive, targeted, and nuanced pay analyses and discusses how it is possible to overcome potential limitations in practice. The second half of the paper presents a case study of pay and compensation analysis in Lao PDR. The study illuminates how a number of these approaches can be combined in assessing a specific set of pay challenges and generating robust recommendations tailored to context. A brief postscript, with the benefit of hindsight on what subsequently happened on the ground in Lao PDR, reflects on the limitations of technical analysis in motivating reform implementation in practice
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  • 71
    Language: English
    Pages: Online-Ressource (27 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Cadot, Olivier Evaluating Aid for Trade
    Abstract: The demand for accountability in aid-for-trade is increasing but monitoring has focused on case studies and impressionistic narratives. The paper reviews recent evidence from a wide range of studies, recognizing that a multiplicity of approaches is needed to learn what works and what does not. The review concludes that there is some support for the emphasis on reducing trade costs through investments in hard infrastructure (like ports and roads) and soft infrastructure (like customs). But failure to implement complementary reform-especially the introduction of competition in transport services-may erode the benefits of these investments. Direct support to exporters does seem to lead to diversification across products and destinations, but it is not yet clear that these benefits are durable. In general, it is difficult to rely on cross-country studies to direct aid-for-trade. More rigorous impact evaluation is an underutilized alternative, but situations of clinical interventions in trade are rare and adverse incentives (because of agency problems) and costs (because of the small size of project) are a hurdle in implementation
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  • 72
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (42 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Martins, Pedro Structural Change in Ethiopia
    Abstract: This paper investigates whether the Ethiopian economy is undergoing a virtuous process of structural change. In particular, it assesses the relative contributions of within-sector and between-sector productivity to output per capita growth. Based on data disaggregated into eight sectors for the period 1996-2011, the analysis suggests that the structure of output has changed considerably-predominantly from agriculture to services-but changes in the composition of employment have lagged behind. Labor productivity growth has been strong across most sectors, albeit mainly driven by within-sector productivity improvements. Nonetheless, the pace of structural change is accelerating and its relative contribution to output growth is increasing
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  • 73
    Language: English
    Pages: Online-Ressource (36 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: de Walque, Damien Coping with Risk
    Abstract: Transactional sex is believed to be an important risk-coping mechanism for women in Sub-Saharan Africa and a leading contributor to the HIV/AIDS epidemic. This paper uses data from a panel of women in rural Tanzania whose primary occupation is agriculture. The analysis finds that following a negative shock (such as food insecurity), unmarried women are about three times more likely to have been paid for sex. Regardless of marital status, after a shock women have more unprotected sex and are 36 percent more likely to have a sexually transmitted infection. These empirical findings support the claims that transactional sex is not confined to commercial sex workers and that frequently experienced shocks, such as food insecurity, may lead women to engage in transactional sex as a risk-coping behavior
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  • 74
    Language: English
    Pages: Online-Ressource (47 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Calderón, César Ride the Wild Surf
    Abstract: Over the past 15 years, gross inflows to industrial and developing countries have enjoyed a wild ride. After reaching record highs in the run-up to the global financial crisis, they collapsed dramatically in 2008-09. As signs of global recovery reappeared, capital inflows resumed although at different speeds. The recovery in flows was faster and sharper in developing countries. This paper aims at understanding the (domestic and external) drivers of these surges in gross inflows using quarterly data for 67 countries from 1975 to 2010. It finds that domestic and external factors have significant explanatory power in driving surges of inflows. This finding holds for the sample of industrial countries whereas domestic factors play a significantly larger role in explaining surges to developing countries. Zooming into the findings shows that: (a) financial booms tend to attract massive capital inflows, (b) surges to either industrial or developing countries are driven by regional contagion, and (c) strong growth and natural resource abundance are keys to attract inflows of foreign capital into developing countries
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  • 75
    Language: English
    Pages: Online-Ressource (50 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Badev, Anton Housing Finance across Countries
    Abstract: This paper presents new data on the depth and penetration of mortgage markets across countries. There is a large variation across both dimensions of mortgage market development, across countries, but also-in terms of depth-within countries. Mortgage markets seem to develop only at relatively high levels of gross domestic product per capita. Policies associated with financial system development are also associated with mortgage market development, including price stability and the efficiency of contractual and information frameworks. The development of the insurance sector and the stock market, sources of long-term funding, is strongly associated with mortgage market development, while government subsidies and support are not. A benchmarking exercise compares the actual values of mortgage market development to values predicted by structural country factors and shows a large variation across countries and over time in the gap between predicted and actual values, related to specific policies but also mortgage boom and bust cycles
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  • 76
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (12 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Amin, Mohammad Imports of Intermediate Inputs and Country Size
    Abstract: The paper analyzes the relationship between country size and the use of imported intermediate inputs by firms in 76 developing countries. Recent evidence indicates that the use of imported inputs can have a large, positive effect on productivity and growth, thus motivating a better understanding of the determinants of foreign inputs. The results confirm that, as is the case with exports, use of imported intermediate inputs is much higher at the extensive and intensive margins in small relative to large countries. The results for imported inputs are comparable in magnitude with those for exports
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  • 77
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (31 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Bown, Chad P Trade Policy Instruments over Time
    Abstract: This paper surveys political-economic research on the variety of instruments that governments use to conduct international trade policy. It presents key insights on the relationships between instruments such as tariffs, quotas, voluntary export restraints, and other nontariff barriers, as well as the ebb and flow of the national use of temporary trade barriers such as antidumping, countervailing duties, and safeguards. The survey examines trends in use of these trade policy instruments over recent history; and it reviews the major theoretical and empirical explanations behind, and interrelationships between, their uses. Finally, the paper highlights potential institutional impacts of the General Agreement on Tariffs and Trade (GATT) and subsequent World Trade Organization (WTO) on choice of policy instruments, as well as how multilateral, unilateral, and preferential tariff liberalization may introduce political-economic shocks and affect incentives over time for how governments rely on different instruments
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  • 78
    Language: English
    Pages: Online-Ressource (46 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Didier, Tatiana Financial Development in Asia
    Abstract: This paper documents the major trends in financial development in Asia since the early 1990s and the spillovers to firms. It compares Asia with advanced and emerging countries and uses both aggregate and disaggregate indicators. Financial systems in Asia remain less developed than in advanced countries but more developed than in Eastern Europe and Latin America. Bond and stock markets play a larger role and institutional investors have gained importance. Nonetheless, capital-raising activity has not expanded. A few large companies capture most of the issuances. Many secondary markets remain illiquid. The public sector captures a significant share of bond markets. The largest advancements in Asia occurred in China and India. But still in these countries, few large companies use capital markets to expand and grow, becoming much larger than nonuser firms. In sum, Asia's financial systems remain less developed than aggregate measures suggest, with few spillovers to many firms
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  • 79
    Language: English
    Pages: Online-Ressource (54 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Aguilar, Arturo Decomposition of Gender Differentials in Agricultural Productivity in Ethiopia
    Abstract: This paper employs decomposition methods to analyze differences in agricultural productivity between male and female land managers in Ethiopia. It employs data from the 2011-2012 Ethiopian Rural Socioeconomic Survey. An overall 23.4 percent gender differential in agricultural productivity is estimated at the mean in favor of male land managers, of which 10.1 percentage points are explained by differences in land manager characteristics, land attributes, and unequal access to resources (the endowment effect). The remaining 13.4 percentage points are explained by unequal returns to productive components, but cannot be easily tied to specific covariates. These results are mainly driven by non-married female managers (mainly single and divorced). Married female managers do not display such disadvantages. Further analysis along the productivity distribution reveals that gender differentials are more pronounced at mid-levels of productivity and that the share of the gender gap explained by the endowment effect declines as productivity increases. Detailed decomposition of estimates at selected points of the agricultural productivity distribution provides valuable information for policy intervention purposes
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  • 80
    Language: English
    Pages: Online-Ressource (30 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Gibson, John Development through Seasonal Worker Programs
    Abstract: Seasonal worker programs are increasingly seen as offering the potential to be part of international development policy. New Zealand's Recognised Seasonal Employer program is one of the first and most prominent of programs designed with this perspective. This paper provides a detailed examination of this policy through the first six seasons. This includes the important role of policy facilitation measures taken by governments and aid agencies. The evolution of the program in terms of worker numbers is discussed, along with new data on the (high) degree of circularity in worker movements, and new data on (very low) worker overstay rates. There appears to have been little displacement of New Zealand workers, and new data show Recognised Seasonal Employer workers to be more productive than local labor and that workers appear to gain productivity as they return for subsequent seasons. The program has also benefitted the migrants participating in the program, with increases in per capita incomes, expenditure, savings, and subjective well-being. Taken together, this evidence suggests that the program is largely living up to its promise of a "triple win" for migrants, their sending countries in the Pacific, and New Zealand
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  • 81
    Language: English
    Pages: Online-Ressource (55 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Avdeenko, Alexandra International Interventions to Build Social Capital
    Abstract: Over the past decade the international community, especially the World Bank, has conducted programs to increase local public service delivery in developing countries by improving local governing institutions and creating social capital. This paper evaluates one such program in Sudan to answer the question: Can the international community change the grassroots civic culture of developing countries to increase social capital? The paper offers three contributions. First, it uses lab-in-the-field measures to focus on the effects of the program on pro-social preferences without the confounding influence of any program- induced changes on local governing institutions. Second, it tests whether the program led to denser social networks in recipient communities. Based on these two measures, the effect of the program was a precisely estimated zero. However, in a retrospective survey, respondents from program communities characterized their behavior as being more pro-social and their communities more socially cohesive. This leads to a third contribution of the paper: it provides evidence for the hypothesis, stated by several scholars in the literature, that retrospective survey measures of social capital over biased evidence of a positive effect of these programs. Regardless of one's faith in retrospective self-reported survey measures, the results clearly point to zero impact of the program on pro-social preferences and social network density. Therefore, if the increase in self-reported behaviors is accurate, it must be because of social sanctions that enforce compliance with pro-social norms through mechanisms other than the social networks that were measured
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  • 82
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (32 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Klapper, Leora New Firm Registration and the Business Cycle
    Abstract: This paper uses new panel data on the number of new firm registrations in 109 countries during 2002-2012 to study the relationship between entrepreneurship and economic growth. The data show strong evidence of a pro-cyclical pattern in entrepreneurship. An examination of heterogeneous relationships between new firm registration and the business cycle finds that higher levels of financial development and better business environments are associated with stronger pro-cyclicality of entrepreneurship both across countries and within countries over time. The results are robust to various measures of business regulation, such as the cost and time of starting a new firm and closing an insolvent firm. These findings suggest that fostering an efficient regulatory environment for the financial and private sector is important for encouraging a speedier recovery in the formation of new firms during economic expansions and aiding the efficient wind-down of insolvent firms during economic slowdowns
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  • 83
    Language: English
    Pages: Online-Ressource (21 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Inderst, Georg Institutional Investment in Infrastructure in Developing Countries
    Abstract: The link between infrastructure and economic growth is widely acknowledged-as is the infrastructure gap, which can act as a break on growth in emerging markets and developing economies (EMDEs). Since the global economic and financial crisis, the challenges of raising financing for infrastructure projects in EMDEs are also well known. The challenges come from stretched government finances and restrictions on global bank lending. Hence much attention has been focused on the potential for institutional investors as a growing potential source of financing. This paper argues that infrastructure projects can potentially deliver long-term returns, but investments, particularly in EMDEs need to be carefully structured to meet the needs of both sides. The paper first considers the existing types of institutional investors and their potential for filling the infrastructure financing gap. The challenges of adjusting asset allocations, particularly toward EMDE infrastructure, are discussed and examples of projects where institutional investors have been involved are given. Finally, the paper considers a range of models for the involvement of institutional investors in EMDEs and makes initial proposals for how to determine which model fits best in a particular country context
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  • 84
    Language: English
    Pages: Online-Ressource (44 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Skoufias, Emmanuel Electoral Accountability and Local Government Spending in Indonesia
    Abstract: This paper takes advantage of the exogenous phasing of direct elections in districts and applies the double-difference estimator to measure impacts on (i) human development outcomes and (ii) the pattern of public spending and revenue generation at the district level. The analysis reveals that four years after the switch to direct elections, there have been no significant effects on human development outcomes. However, the estimates of the impact of Pilkada on health expenditures at the district level suggest that directly elected district officials may have become more responsive to local needs at least in the area of health. The composition of district expenditures changes considerably during the year and sometimes the year before the elections, shifting toward expenditure categories that allow incumbent district heads running as candidates in the direct elections to "buy" voter support. Electoral reforms did not lead to higher revenue generation from own sources and had no effect on the budget surplus of districts with directly elected heads
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  • 85
    Language: English
    Pages: Online-Ressource (48 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Lakhani, Sadaf They are Not like us
    Abstract: Negative attitudes toward groups in society are widespread and underpin systematic processes of social exclusion that marginalize people and deny them opportunities and dignity. This paper looks at the processes underlying social exclusion. It uses data covering Eastern Europe and Central Asia to study the responses to a simple hypothetical survey question about which specific groups respondents would not like to have as neighbors. Unwelcoming attitudes toward groups such as immigrants, ethnic minorities, the poor, HIV+ individuals, and others are surprisingly common. These attitudes fall into three distinct clusters: intolerance for the poor and for different lifecycle stages; intolerance toward stigmatized attributes and behaviors; and intolerance toward specific identity groups. An empirical analysis of the determinants of attitudes shows that country-specific factors are far more important than socio-economic characteristics. These findings could have important implications for theories about exclusion and for the design of appropriate social inclusion policies. The authors argue that strategies to address social exclusion need to consider ways to change social norms, attitudes, and behaviors toward disadvantaged groups. The paper explores potential entry points for change within formal and informal institutions
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  • 86
    Language: English
    Pages: Online-Ressource (23 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Gutierrez, Eva Mobile Money Services Development
    Abstract: This study intends to increase understanding of how different types of mobile money services have developed in different environments. For this purpose, two countries were selected, the Republic of Korea and Uganda. From these study cases, some conclusions emerge. The development of mobile banking services can appear at different stages of financial sector development, but it requires a vibrant and competitive telecommunications sector. The regulatory environment does not need to be very sophisticated for the mobile industry to emerge. However, some elements appear to be important. The legal framework should allow (or at least not explicitly forbid) nonbank financial institutions to issue money and use banking agents or correspondents. To ensure wider use of the service by the population, it is important to educate the population on the benefits of mobile money services
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  • 87
    Language: English
    Pages: Online-Ressource (22 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Yamauchi, Futoshi Wage Growth, Landholding, and Mechanization in Agriculture
    Abstract: This paper uses farm panel data from Indonesia to examine dynamic patterns of land use, capital investments, and wages in agriculture. The empirical analysis shows that an increase in real wages has induced the substitution of labor by machines among relatively large farmers. Large farmers tend to increase the scale of operation by renting in more land when real wages increase. Machines and land are complementary if the scale of operation is greater than a threshold size. In contrast, such a dynamic change was not observed among relatively small holders, which implies a divergence in the movement of the production frontier between Java and off-Java regions given that the majority of small farmers are concentrated in Java
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  • 88
    Language: English
    Pages: Online-Ressource (40 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Jung, Haeil The Impact of Early Childhood Education on Early Achievement Gaps
    Abstract: This paper assesses whether the Indonesia Early Childhood Education and Development project had an impact on early achievement gaps as measured by an array of child development outcomes and enrollment. The analysis is based on longitudinal data collected in 2009 and 2010 on approximately 3,000 four-year-old children residing in 310 villages located in nine districts across Indonesia. The study begins by documenting the intent-to-treat impact of the project. It then compares the achievement gaps between richer and poorer children living in project villages with those of richer and poorer children living in non-project villages. There is clear evidence that in project villages, the achievement gap between richer and poorer children decreased on many dimensions. By contrast, in non-project villages, this gap either increased or stayed constant. Given Indonesia's interest in increasing access to early childhood services for all children, and the need to ensure more efficient spending on education, the paper discusses how three existing policies and programs could be leveraged to ensure that Indonesia's vision for holistic, integrated early childhood services becomes a reality. The lessons from Indonesia's experience apply more broadly to countries seeking to reduce early achievement gaps and expand access to pre-primary education
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  • 89
    Language: English
    Pages: Online-Ressource (42 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Dabalen, Andrew The Effects of the Intensity, Timing, and Persistence of Personal History of Mobility on Support for Redistribution
    Abstract: This paper examines the association between the intensity, timing, and persistence of personal history of mobility on individual support for redistribution. Using both rounds of the Life in Transition Survey, the paper builds measures of downward mobility for about 57,000 individuals from 27 countries in Eastern Europe and Central Asia. The analysis finds that more intensive, recent, and persistent downward mobility increases support for redistribution more. A number of extensions and checks are done by, among others, taking into account systematic bias in perceived mobility experience, considering an alternative definition of redistributive preferences, and exploring the severity of omitted variable bias problems. Overall, the results are robust
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  • 90
    Language: English
    Pages: Online-Ressource (55 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: McCarthy, Nancy The Nexus between Gender, Collective Action for Public Goods, and Agriculture
    Abstract: Across the developing world, public goods exert significant impacts on the local rural economy in general and agricultural productivity and welfare outcomes in particular. Economic and social-cultural heterogeneity have, however, long been documented as detrimental to collective capacity to provide public goods. In particular, women are often under-represented in local leadership and decision-making processes, as are young adults and minority ethnic groups. While democratic principles dictate that broad civic engagement by women and other groups could improve the efficiency and effectiveness of local governance and increase public goods provision, the empirical evidence on these hypotheses is scant. This paper develops a theoretical model highlighting the complexity of constructing a "fair" schedule of individual contributions, given heterogeneity in costs and benefits that accrue to people depending, for instance, on their gender, age, ethnicity, and education. The model demonstrates that representative leadership and broad participation in community organizations can mitigate the negative impacts of heterogeneity on collective capacity to provide public goods. Nationally-representative household survey data from Malawi, combined with geospatial and administrative information, are used to test this hypothesis and estimate the relationship between collective capacity for public goods provision and community median estimates of maize yields and household consumption expenditures per capita. The analysis shows that similarities between the leadership and the general population, in terms of gender and age, and active participation by women and young adults in community groups alleviate the negative effects of heterogeneity and increase collective capacity, which in turn improves agricultural productivity and welfare
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  • 91
    Language: English
    Pages: Online-Ressource (38 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Baird, Sarah The Heterogeneous Effects of HIV Testing
    Keywords: AIDS ; Infektionskrankheit ; Gesundheitsvorsorge ; Jugendliche ; Frauen ; Gesundheitsrisiko ; Verhalten ; Malawi
    Abstract: An extensive multi-disciplinary literature examines the effects of learning one's HIV status on subsequent risky sexual behaviors. However, many of these studies rely on non-experimental designs; use self-reported outcome measures, or both. This study investigates the effects of a randomly assigned home based HIV testing and counseling (HTC) intervention on risky sexual behaviors and schooling investments among school-age females in Malawi. The study finds no overall effects on HIV, Herpes Simplex Virus (HSV-2), or achievement test scores at follow-up. However, among the small group of individuals who tested positive for HIV, a large increase in the probability of contracting HSV-2 is found, with this effect stronger among those surprised by their test results. Similarly, those surprised by HIV-negative test results see a significant improvement in achievement test scores, consistent with increased returns to investments in human capital. The finding of increased HSV-2 prevalence among HIV-positive individuals suggests that the conventional wisdom that those who learn they are HIV-positive will adopt safer sexual practices should be treated with caution
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  • 92
    Language: English
    Pages: Online-Ressource (34 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Divakaran, Shanthi Private Equity and Venture Capital in SMEs in Developing Countries
    Abstract: This paper discusses the constraints for private equity financing of small and medium enterprises in developing economies. In addition to capital, private equity investors bring knowledge and expertise to the companies in which they invest. Through active participation on the board of directors or in partnership with management, private equity investors equip companies with critical improvements in governance, financial accounting, access to markets, technology, and other drivers of business success. Although private equity investors could help to create, deepen, and expand growth of small and medium enterprises in developing economies, the vast majority of private equity in such markets targets larger or more established enterprises. Technical assistance, when partnered with private equity, can unlock more investor commitments and considerably enhance the ability of small and medium enterprises in emerging markets to raise private equity capital. Technical assistance provides funding that allows private equity funds to extend their reach to smaller companies. Technical assistance can mitigate some level of risk and increase the probability of successful investments by funding targeted operational improvements of investee companies. Dedicated technical assistance facilities financed by third parties, such as development finance institutions, governments, or other parties, have emerged to fill this critical need. The paper discusses the provision of investment capital twinned with technical assistance, which is now more accepted by limited partners and general partners or fund managers and is becoming more of a market model for private equity finance focused on small and medium enterprises
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  • 93
    Language: English
    Pages: Online-Ressource (48 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Adoho, Franck The Impact of an Adolescent Girls Employment Program
    Abstract: This paper presents findings from the impact evaluation of the Economic Empowerment of Adolescent Girls and Young Women (EPAG) project in Liberia. The EPAG project was launched by the Liberian Ministry of Gender and Development in 2009 with the goal of increasing the employment and income of 2,500 young Liberian women by providing livelihood and life skills training and facilitating their transition to productive work. The analysis in this paper is based on data collected during two rounds of quantitative surveys in 2010 and 2011, the second of which was conducted six months after the classroom-based phase of the training program ended. Strong impacts are found on the employment and earnings outcomes of program participants, relative to a control group of non-participants. The EPAG program increased employment by 47 percent and earnings by 80 percent. In addition, the impact evaluation documents positive effects on a variety of empowerment measures, including access to money, self-confidence, and anxiety about circumstances and the future. The evaluation finds no net impact on fertility or sexual behavior. At the household level, there is evidence of improved food security and shifting attitudes toward gender norms. These results reinforce the highly positive feedback received from focus group discussions with program participants. Finally, preliminary cost-benefit analysis indicates that the budgetary cost of the EPAG business development training for young women is equivalent to the value of three years of the increase in income among program beneficiaries. These preliminary results provide strong evidence for further investment and research into young women's livelihood programs in Liberia
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  • 94
    Language: English
    Pages: Online-Ressource (46 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Azevedo, Joao Pedro Pathways to the Middle Class in Turkey
    Abstract: Turkey's poverty reduction performance in the 2000s has been remarkably consistent. Extreme and moderate poverty have fallen considerably since 2003. Between 2002 and 2011, extreme poverty fell from 13 percent to 5 percent, while moderate poverty halved from 44 percent to 22 percent (respectively, defined using the World Bank's Europe and Central Asia regional poverty lines of 2.5 and 5 USD/PPP). Most of this poverty reduction (89 percent) has been driven by growth, a performance consistent with most countries in Europe and Central Asia. This is substantially different form the recent performance of other regions, such as Latin America, where redistribution contributed to poverty reduction almost four times more than in Turkey. Turkey has also achieved sustained consumption growth of the bottom 40 percent of the population, even during the years of the world recession. Turkey's performance in poverty reduction and increased shared prosperity has been complemented by the systematic expansion of the middle class by 20 percentage points. This paper analyzes the main drivers of poverty reduction, shared prosperity, and changes in inequality in Turkey from 2002 to 2011. The analysis shows that labor markets, demographics, pensions, and social assistance have played a critical role in this process. It further explores some of the mechanisms that have facilitated these changes
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  • 95
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (34 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Chan, Rosanna Why Liquidity Matters to the Export Decision of the Firm
    Abstract: Under financial constraints, exporting may have less to do with productivity and more to do with financial resources. The established relationship between exporting and productivity would differ when examined through the lens of the working capital needs of the firm. The hypothesis that working capital matters in the firm's exporting decision is explored in two ways: first, by articulating a dynamic working capital model of the firm that incorporates the firm's export decision. Secondly, by testing the hypothesis empirically using a unique firm level dataset from Bangladesh, where issues of financial constraints are particularly acute. The model shows that productivity determines export status of the firm as long as it is not under financial constraints. However, under financial constraints, export status is less dependent on productivity and more dependent on the availability of working capital. Empirical results support the model's prediction. The relationship between exporting time and the need for greater liquidity is also borne out empirically as shown by a positive and significant correlation between the amount of working capital and the distance of export destination. An important policy implication from the analysis is that short term liquidity is critical in allowing productive firms to export and that access to finance may prevent the benefits of trade liberalization within a country to be fully realized
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  • 96
    Language: English
    Pages: Online-Ressource (49 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Dollar, David Growth, Inequality, and Social Welfare
    Abstract: Social welfare functions that assign weights to individuals based on their income levels can be used to document the relative importance of growth and inequality changes for changes in social welfare. In a large panel of industrial and developing countries over the past 40 years, most of the cross-country and over-time variation in changes in social welfare is due to changes in average incomes. In contrast, the changes in inequality observed during this period are on average much smaller than changes in average incomes, are uncorrelated with changes in average incomes, and have contributed relatively little to changes in social welfare
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  • 97
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (25 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Gereffi, Gary Risks and Opportunities of Participation in Global Value Chains
    Abstract: Risk is inherent to the pursuit of opportunity. This paper surveys the recent literature and looks at the risks and opportunities firms and their workers face in the global value chains. First, it examines the risk-sharing mechanisms that firms provide from the national and global perspectives; second, it takes a closer look at the new opportunities and challenges for firms and individuals in the global arena; third, it discusses the role of economic upgrading and social upgrading; and finally it sheds light on how the government can help people manage risks and reap the benefits in the participation of global value chains
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  • 98
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (19 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Basu, Kaushik Fiscal Policy as an Instrument of Investment and Growth
    Abstract: This paper investigates the role of fiscal guarantees in promoting infrastructure investment. Infrastructure is a critical driver of economic growth, but infrastructure entails significant up-front costs that yield benefits after a time lag. Investors hesitate to put their money down on private infrastructure ventures because of the long lag and governments do not give guarantees for reasons of fiscal prudence. The paper argues that governments and large investment guarantee agencies can in many situations give suitably-calibrated guarantees to private projects by exploiting the fact that a guarantee on one project can reduce the risk of another one failing. The paper works out the architecture of such guarantees, which can be fiscally prudent and yet boost investment, especially in infrastructure, and thereby promote growth
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  • 99
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (51 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Clemens, Michael A Why Don't Remittances Appear to Affect Growth?
    Abstract: Although measured remittances by migrant workers have soared in recent years, macroeconomic studies have difficulty detecting their effect on economic growth. This paper reviews existing explanations for this puzzle and proposes three new ones. First, it offers evidence that a large majority of the recent rise in measured remittances may be illusory-arising from changes in measurement, not changes in real financial flows. Second, it shows that even if these increases were correctly measured, cross-country regressions would have too little power to detect their effects on growth. Third, it points out that the greatest driver of rising remittances is rising migration, which has an opportunity cost to economic product at the origin. Net of that cost, there is little reason to expect large growth effects of remittances in the origin economy. Migration and remittances clearly have first-order effects on poverty at the origin, on the welfare of migrants and their families, and on global gross domestic product; but detecting their effects on growth of the origin economy is likely to remain elusive
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  • 100
    Language: English
    Pages: Online-Ressource (38 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Kelleher, Sinéad Technical Measures to Trade in Central America
    Abstract: Despite the widespread tariff reductions sparked by the Dominican Republic-Central America Free Trade Agreement, borders in the region remain thick, with many hurdles standing in the way of regional trade. Although anecdotal evidence suggests that nontariff measures raise trade costs and inhibit trade in the region, little is known about the magnitude of these economic effects. This paper uses a newly collected data set to quantify the incidence of sanitary and phytosanitary measures and technical barriers to trade in the region and benchmarks it with other parts of the world. The results indicate that the Central American region has the lowest prevalence of technical nontariff measures in the world. However, there is significant heterogeneity of trade-related regulations in Central America; for instance, 48 percent of Salvadoran imports are subject to at least one nontariff measure, compared with just 16 percent of Honduran imports. The paper estimates the impact of these technical measures on border prices and finds that the price impact of sanitary and phytosanitary measures is equivalent to an ad-valorem tariff of 11.6 percent. This price-rising effect is further investigated by looking in detail at the impact of sanitary and phytosanitary measures on the prices of beef, chicken meat, bread, and dairy products in Guatemala. The impact is estimated to be equivalent to an ad-valorem tariff of 68.4 percent, 51.4 percent, 22.0 percent, and 5.0 percent, respectively. The paper shows that efforts to streamline key sanitary and phytosanitary measures affecting these products by, for example, reducing the cost and time required to obtain sanitary registries, would likely reduce the Guatemalan urban extreme poverty rate from 5.07 percent to 4.91 percent
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