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  • World Bank  (1,127)
  • Washington, D.C : The World Bank  (1,127)
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  • 1
    Online Resource
    Online Resource
    COVID-19 Impact Monitoring : Nigeria, Round 9 (2021)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Abstract: The COVID-19 (coronavirus) pandemic and its economic and social effects on households have created an urgent need for timely data to help monitor and mitigate the social and economic impacts of the crisis and protect the welfare of Nigerian society. To monitor how the COVID-19 pandemic is affecting the economy and people of Nigeria and to inform policy interventions and responses, the National Bureau of Statistics with technical support from the World Bank implemented the Nigeria COVID-19 National Longitudinal Phone Survey (COVID-19 NLPS). This brief presents findings from the seventh and ninth rounds of this survey which was conducted between January 9 and 25, 2021 respectively
    DOI: 10.1596/35320
    URL: Deutschlandweit zugänglich
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    MPI Ethno. Forsch.
  • 2
    Online Resource
    Online Resource
    Fukuoka City : Efficient Water Management (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Infrastructure Study
    Abstract: This case study showcases examples where the "G20 Principles for Quality Infrastructure Investment (QII)" have been operationalized in Japan`s urban infrastructure projects. It highlights Fukuoka City, one of the most prominent cities in Japan today. It reviews the city's efficient water management through Economic Efficiency and Infrastructure Governance, two of the six G20 Principles for QII. A key factor for the city's success was adopting life-cycle costing as an underlying principle; the city upgraded its water distribution pipe network with polyethylene sleeves for life extension and went to great length for leakage reduction. As a recent effort, the city underwent procurement reforms to improve the technical quality of public works. The implications are expected to benefit policymakers and practitioners in developing countries
    DOI: 10.1596/34815
    URL: Deutschlandweit zugänglich
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    MPI Ethno. Forsch.
  • 3
    Online Resource
    Online Resource
    Ghana Tax Gap Analysis (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Public Sector Study
    Abstract: The objective of this report is to provide a comprehensive evaluation of the tax gap in Ghana, and help the Government of Ghana identify the areas where they can increase tax revenue by improving compliance. Tax gap for corporate income tax, import tax, estimated value added tax, and potential tax revenue from formalization of informal firms were investigated
    DOI: 10.1596/34806
    URL: Deutschlandweit zugänglich
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    MPI Ethno. Forsch.
  • 4
    Online Resource
    Online Resource
    Belarus Public Expenditure Review : Strengthening the Equity, Efficiency and Effectiveness of Social Expenditures in Belarus (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Public Expenditure Review
    Abstract: After more than a decade of strong growth, interrupted only by the 2008-2009 global financial crisis, Belarus' economy has encountered major headwinds. Since 2012, growth has stalled, macroeconomic imbalances have intensified, and public finances have deteriorated. Unlike regional peers, the country was unable to take advantage of buoyant global demand, ample liquidity and strong risk appetite. This suggests that the causes for this disappointing outcome are domestic and rooted in the current economic model based on an outsized public sector and reliance on Russia for cheap energy and as main export market. The narrow export base has left the economy vulnerable to economic weakness in Russia and, indirectly, to volatility in global oil prices. These shocks have exposed major structural weaknesses, that have dragged down productivity and potential growth and increased Belarus' vulnerability to major shocks such as the Coronavirus (COVID-19) pandemic. The policy response to the external headwinds has been pro-cyclical. It has focused on avoiding major financial disruptions and resorting to increased foreign borrowing to make it through the financing pressures rather than deeper structural adjustment needed to adjust to the new realities and anchor fiscal sustainability. It has focused on exchange rate adjustment accompanied by ad-hoc fiscal retrenchment. The latter, however, although significant, has been episodic and less than optimal as it has protected consumption at the expense of investment. The scope for fiscal adjustment has been constrained by the structural rigidities of Belarus' public finances. Looking forward, Belarus now faces a perfect storm of a global economic shock caused by the Coronavirus (COVID-19) pandemic, an unprecedented drop in oil prices, and the phasing out of the energy import price discount by 2024 due to the Russian tax maneuver. All these adverse external developments come against the background of deeply rooted structural rigidities, a heavy debt redemptions schedule and a much-reduced policy space compared with previous episodes of external pressures such as in 2009 and 2015
    DOI: 10.1596/34830
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  • 5
    Online Resource
    Online Resource
    Ghana : Enhancing Revenue Mobilization Through Improved Tax Compliance and Administrative Systems (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Public Sector Study
    Abstract: Ghana's tax collection is low compared with other lower middle-income countries. Non-compliance of tax payments is an urgent issue in Ghana, as the government has been suffering from a widening fiscal deficit and a rising debt burden. Learning from experiences in other countries, this report proposes potential interventions that could improve tax compliance
    DOI: 10.1596/34847
    URL: Deutschlandweit zugänglich
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  • 6
    Online Resource
    Online Resource
    Thailand Manufacturing Firm Productivity Report (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Private Sector Development, Privatization, and Industrial Policy
    Abstract: Thailand is an enduring development success story. Between the late 1960s and mid-1990s, strong and sustained economic growth propelled the country from low-income to upper-middle-income status. To achieve high-income status by 2037, the authorities will need to draw on the experiences of other upper-middle-income countries that have successfully completed the transition, as well as those that continue to struggle. The Coronavirus (COVID-19) outbreak has severely impacted growth in Thailand, with the economy expected to contract in 2020 amid heightened uncertainty surrounding the path of the pandemic. This report focuses on the manufacturing sector builds on a framework that emphasizes the microeconomic and macroeconomic linkages of the sources of productivity growth. In line with this framework, Chapter 1 begins with an overview of Thailand's productivity dynamics at the macroeconomic level and identifies the causes of its slowing GDP growth rate.7 Chapter 2 analyzes the characteristics of Thai manufacturing firms and sub-sector productivity dynamics, revealing the drivers of firm productivity and distinguishing the relative contributions of within-firm effects, between-firm effects, and market dynamism. Chapter 3 evaluates the impact of competition on firm productivity by comparing market entry and exit indicators with price markups. Chapter 4 concludes with a set of policy recommendations designed to boost firm productivity in Thailand's manufacturing sector
    DOI: 10.1596/34882
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  • 7
    Online Resource
    Online Resource
    Public-Private Partnerships for Investment and Delivery of Affordable Housing in Emerging Market Economies (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Urban Study
    Abstract: The role of the public sector in housing delivery in many developed economies evolved from government as builder in the post-War era in the 1950s when the government directly constructed and delivered housing to meet the daunting demand for housing, to government as enabler and regulator in the 1980s and 90s when governments retreated from direct provision but started to focus on facilitating the private sector to deliver housing effectively, and to assist the poorest segment of the population. The point of departure is the belief that housing is essentially a private good that is best provided by the market. Today, the government's role is therefore focused on Should read: (i) establishing the enabling environment for the private sector (including private individuals) to deliver housing; (ii) addressing the market failures; and (iii) avoiding and/or correcting government policy failures. However, challenges persist for low-income households to find affordable accommodation in locations that work for them. Such shortages of affordable housing are most pronounced in developing countries, which in recent decades have seen rapid urbanization and the proliferation of informal settlements, which are increasingly challenging for the public sector to address. As the private sector and public sector fail to provide adequate and affordable housing for the lower-end of the market segment at the pace and scale that is needed, governments have since the later 2000's repositioned themselves as partners, and increasingly as entrepreneurs, to catalyze - and reduce the risk for - the private sector's entry into the affordable housing markets
    DOI: 10.1596/34889
    URL: Deutschlandweit zugänglich
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  • 8
    Online Resource
    Online Resource
    Realizing the Blue Economy Potential in Albania (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Environmental Study
    Abstract: The objective of this study is to fill the knowledge gaps to help advance Albania's vision of the Blue Economy, in the context of the country's aim of joining the EU. The two most important sectors with this regard are fisheries and tourism. Both industries are well established and offer the highest potential return on investment when it comes to the Blue Economy and have socio-economic and cultural significance for the coastal communities. The study further extends to cover the challenges of marine plastic pollution and examine possible solutions. For the purpose of cross-sectoral planning and investment coordination, the Blue Economy Development Framework (BEDF) is introduced as a distinct theme. The analysis concludes with a menu of options to develop the marine based economic activities and ultimately accelerate the country's transition towards the Blue Economy. The study reflects Albania's specific circumstances and the opportunities arising from integrated economic development of maritime sectors, including branding a 'Blue Albania' vision that could serve as a blueprint for future innovations in these sectors. Policy and decision makers from multiple institutions representing the GoA, as well as development partners and organizations such as the European Commission, have been consulted in the course of the study preparation
    DOI: 10.1596/34892
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  • 9
    Online Resource
    Online Resource
    Impacts of Climate Change on Georgia's Coastal Zone : Vulnerability Assessment and Adaptation Options (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Risk and Vulnerability Assessment
    Abstract: The higher-level purpose of this study is to provide information to be used to raise the ambition of Georgia's nationally determined contribution (NDCs) and to consider adaptation targets for the Black Sea coast of Georgia. The study also aims to highlight how supporting a blue economy can accelerate the implementation of adaptation measures required to reduce climate risks and contribute towards the region's socioeconomic development and environmental conservation. The methodology used in the present study consists of five main steps: define the geographic scope; review available climate change projections; identify key climate risks and vulnerabilities for coastal Georgia; assess the impact of climate change on economic sectors and infrastructure, and possible adaptation options; and prioritize initial recommendations and key climate adaptation actions. The approach used to evaluate the various impacts on coastal Georgia consisted of a qualitative analysis and expert input from international and local teams. This included an assessment of feasible adaptation options. Discussions with local experts and government agencies were also carried out in order to gain further details of vulnerable areas and evaluate both the potential for specific adaptation measures to yield economic benefits as well as the feasibility and acceptability of these options. The report is organized in six chapters. Chapter one introduces the purpose, objectives, methodology, and limitations for the study. Chapter two provides an overview of Georgia's coastal zone economic sectors, while chapter three provides an overview of Georgia's coastal climate and climate change impacts. Chapter four presents the priority risks for coastal Georgia, based on the existing cost of environmental degradation estimates and climate change projections. Chapter five discusses the impacts of climate change on Georgian coastal economic sectors, health and infrastructure, through the prism of the priority risks described in the previous chapter and presents a menu of adaptation options. Chapter six discusses the conclusions of the study and makes initial information, institutional, and investment recommendations, and key actions, including key actions required to implement climate adaptation on the ground
    DOI: 10.1596/34886
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  • 10
    Online Resource
    Online Resource
    Spatial Finance : Challenges and Opportunities in a Changing World (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Environmental Study
    Abstract: If financial markets are to realign towards truly sustainable development the financial sector needs to differentiate commercial actors more accurately on their climate and environmental performance. A potential breakthrough to help in this challenge is the emerging field of -'Spatial Finance', the independent assessment of the location of a company's or a country's assets and infrastructure using ground data, remote sensing observations and modelled insights, offers a potentially transformative means to gain improved quantitative ESG insights. Rapid development is required if spatial finance is to deliver in the short term. In this report, authors outline a possible taxonomy and hierarchy for spatial finance, showing how discrete forms of technology, approaches and data can be considered within a single consistent framework. Using this framework, spatial finance could provide insights at differing scales for different applications from the asset-scale for project finance, to company-scale for investment, to country scale for sovereign debt. Throughout the document authors provide insights into current cutting-edge developments within the field, illustrated with case studies from practitioners and data providers, and explore potential future developments
    DOI: 10.1596/34894
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  • 11
    Online Resource
    Online Resource
    Papua New Guinea High Frequency Phone Survey on COVID-19 : Results from Round 1 (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Poverty Study
    Abstract: Papua New Guinea (PNG) is the largest country in the Pacific region, and one of the most diverse countries in the world. The key development challenge in this lower-middle income country is how to translate macroeconomic gains from the resource sector into better opportunities and services for PNG's largely poor and rural populations. The Coronavirus (COVID-19) pandemic has compounded issues for an already weakening economic situation. A strong evidence base is needed to understand the socioeconomic implications of the coronavirus pandemic for Papua New Guinea. Data is needed to inform the policy response to the coronavirus crisis. To monitor and assess the socio-economic impacts of Coronavirus (COVID-19) in Papua New Guinea, five rounds of High Frequency Phone Surveys (HFPS) have been planned and will be conducted quarterly. Data collection began in late June 2020. This report presents the findings from round one and concludes with a policy section to help inform an evidence-based response to Coronavirus (COVID-19) in Papua New Guinea
    DOI: 10.1596/34907
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  • 12
    Online Resource
    Online Resource
    Global Economic Prospects, June 2020 (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (234 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Global Economic Prospects
    Parallel Title: Erscheint auch als
    Abstract: The COVID-19 pandemic has, with alarming speed, dealt a heavy blow to an already-weak global economy, which is expected to slide into its deepest recession since the second world war, despite unprecedented policy support. The global recession would be deeper if countries take longer to bring the pandemic under control, if financial stress triggers defaults, or if there are protracted effects on households and firms. Economic disruptions are likely to be more severe and protracted in emerging market and developing economies with larger domestic outbreaks and weaker medical care systems; greater exposure to international spillovers through trade, tourism, and commodity and financial markets; weaker macroeconomic frameworks; and more pervasive informality and poverty. Beyond the current steep economic contraction, the pandemic is likely to leave lasting scars on the global economy by undermining consumer and investor confidence, human capital, and global value chains. Being mostly a reflection of the recent plunge in global energy demand, low oil prices are unlikely to provide much of a boost to global growth in the near term. While policymakers' immediate priorities are to address the health crisis and moderate the short-term economic losses, the likely long-term consequences of the pandemic highlight the need to forcefully undertake comprehensive reform programs to improve the fundamental drivers of economic growth, once the crisis abates. Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). The January edition includes in-depth analyses of topical policy challenges faced by these economies, while the June edition contains shorter analytical pieces
    DOI: 10.1596/978-1-4648-1553-9
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  • 13
    Online Resource
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    International Debt Statistics 2021 (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (192 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: International Debt Statistics
    Parallel Title: Erscheint auch als
    Abstract: International Debt Statistics (IDS), a long-standing annual publication of the World Bank, features external debt statistics and analysis for the 120 low- and middle-income countries that report to the World Bank Debtor Reporting System. IDS 2021 includes (1) an overview analyzing global trends in debt stocks of and debt flows to low- and middle-income countries within the framework of aggregate capital flows (debt and equity); (2) a feature story on the World Bank and International Monetary Fund Debt Service Suspension Initiative in response to the COVID-19 pandemic; (3) tables and charts detailing debtor and creditor composition of debt stock and flows, terms of new commitments, and maturity structure of future debt service payments and debt burdens, measured in relation to gross national income and export earnings for each country; (4) one-page summaries per country, plus global, regional, and income group aggregates showing debt stocks and flows, relevant debt indicators, and metadata for six years (2009 and 2015+"19); and (5) a user guide describing the tables and content, definitions and rationale for the country and income groupings used in the report, data notes, and information about additional resources and comprehensive data sets available to users online. Unique in its coverage of the important trends and issues fundamental to the financing of low- and middle-income countries, IDS 2021 is an indispensable resource for governments, economists, investors, financial consultants, academics, bankers, and the entire development community. For more information on IDS 2021 and related products, please visit the World Bank's Data Catalog at https://datacatalog.worldbank.org/dataset/international-debt-statistics
    DOI: 10.1596/978-1-4648-1610-9
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  • 14
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    Egypt Economic Monitor, November 2020 : From Crisis to Economic Transformation - Unlocking Egypt's Productivity and Job-Creation Potential (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: The COVID-19 (coronavirus) pandemic is causing the most severe global health and economic crisis in at least seven decades. In Egypt, the disruptions caused by the pandemic started in March 2020, and has since interrupted a period of macroeconomic stability, characterized by relatively high growth, improved fiscal accounts, and a comfortable level of foreign reserves. Yet, the pandemic also hit as longstanding challenges continued to persist, notably the government's elevated debt-to-GDP ratio (despite its significant reduction in recent years), sluggish revenue-mobilization and the below-potential performance of non-oil merchandise exports and non-oil FDI. The fiscal, monetary and energy sector reforms implemented in recent years, along with the emergency measures undertaken by authorities in response to the COVID-19 crisis are so far helping Egypt weather the shock. Indeed, average real growth has remained positive during FY2019/20 and foreign reserves continue to be rather ample. Nevertheless, the COVID-19 pandemic has inevitably caused job and income losses, posing additional strains on Egyptian households' livelihoods, and is thus exacerbating the long-standing challenge of job-creation in Egypt, notably in the formal private sector. The in-focus chapter of this report is therefore dedicated to the topic of jobs and economic transformation. The analysis of this chapter shows that the economic transformation process has been slow-moving in Egypt, with employment shares increasing either in low value-added sectors, or in sectors that have experienced a decline in productivity (value-added per worker). Hence, the Egyptian economy has not been able to generate high-earning jobs, at scale. Going forward, for businesses to expand and create sufficient and high-quality employment opportunities, a three-pronged approach will be necessary: (i) Sustaining macroeconomic stability and overall policy predictability whilst incentivizing domestic savings to finance investments. (ii) Getting the enabling environment right to create attractive opportunities for domestic and foreign investments. (iii) Upgrading human capital and firm capabilities to fast-track the economic transformation process in Egypt and to strengthen the country's resilience against such severe shocks
    DOI: 10.1596/34785
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  • 15
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    Government Financial Reporting in Times of the COVID-19 Pandemic (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Financial Accountability Study
    Abstract: The economic shock of the coronavirus outbreak has an unprecedented impact on public finances. Governments are implementing massive fiscal packages including both budgetary and nonbudgetary measures to fight the pandemic while receipts are sharply down. Communicating the financial consequences of Coronavirus (COVID-19) to all stakeholders in a timely manner is important to create enduring broad support. Audited financial statements play a key role in building citizen trust in government. This policy note provides reflections on how governments could make use of existing systems of financial reporting during the pandemic as well as opportunities for improved financial reporting systems for the post-crisis environment. It also seeks to share insights into the impact of the pandemic on government financial performance, position, and cash flows
    DOI: 10.1596/34792
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  • 16
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    Toyama City : Compact City Development (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: City Development Strategy
    Abstract: This case study is showcases examples where the "G20 Principles for Quality Infrastructure Investment (QII)" have been operationalized in Japan`s urban infrastructure projects. It highlights Toyama City, which is now a global role model for compact city development and reviews the city's difficult journey towards a compact city through the lens of Economic Efficiency and Infrastructure Governance, which are two of the six G20 Principles for QII. This case study sheds light on the importance of governance aspects such as alignment with the national policy, organizational commitment, and collaboration with the private sector. Furthermore, it illustrates how effective governance can lead to economic efficiency and some evidence of a compact city`s wider benefits. The implications are expected to benefit policymakers and practitioners in developing countries
    DOI: 10.1596/34816
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  • 17
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    Central African Republic Economic Update, October 2020 : The Central African Republic in Times of COVID-19 - Diversifying the Economy to Build Resilience and Foster Growth (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: The economy of the Central African Republic (CAR) grew at a slower pace in 2019 compared to 2018. Still, it grew at 3.1 percent, year-onyear, in 2019, above the average of regional peers (1.6 percent) and countries affected by fragility, conflict, and violence (FCV) (2.7 percent). Despite improvements in security following the signing of the peace agreement in February 2019, the economy performed worse than expected due to the collapse by about 30 percent in the production of coffee and cotton, which in turn was the result of persistent structural challenges in the agriculture sector. On the demand side, private consumption remained the main driver of economic growth, while the agriculture and services sectors drove growth on the supply side. Moreover, extreme poverty remains high and projected to affect 71 percent of the population-3.4 million people-in 2019. Inflation increased in 2019, and CEMAC's monetary policy remained on track. The tightening of monetary policy, as well as progress on implementing the new Economic and Monetary Community of Central Africa's (Communaute Economique et Monetaire de l'Afrique Centrale, CEMAC) foreign exchange regulation in March 2019, contributed to a strong recovery of gross foreign assets, from 2.7 months' worth of imports in 2018 to 3.3 months in 2019. Inflation was contained at an average of 2.8 percent in 2019 as inflationary pressures from the blockade of the main trade route between Bangui and Cameroon in March abated. Fiscal stance improved, but CAR remains at high risk of debt distress. Public expenditure grew at a slower pace in 2019 than in 2018, mainly due to delays in public investments. Government revenues picked up at 18.4 percent of GDP in 2019 thanks to a significant increase in official grants. As a result, the overall fiscal situation improved in 2019, and the debt-to-GDP ratio continued to decline. However, CAR remains at high risk of debt distress, primarily due to low exports and mobilization of domestic resources
    DOI: 10.1596/34803
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  • 18
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    Lebanon Economic Monitor, Fall 2020 : The Deliberate Depression (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: The Lebanon Economic Monitor provides an update on key economic developments and policies over the past six months. It also presents findings from recent World Bank work on Lebanon. It places them in a longer-term and global context and assesses the implications of these developments and other changes in policy on the outlook for Lebanon. Its coverage ranges from the macro-economy to financial markets to indicators of human welfare and development
    DOI: 10.1596/34842
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  • 19
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    Georgia : Towards Green and Resilient Growth (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Country Environmental Analysis
    Abstract: Georgia has made remarkable progress in terms of economic growth and poverty alleviation. In 2019, the country became an upper middle-income country Georgia's endowment of natural resources is a significant source of national wealth and has the potential for accelerating inclusive socio-economic development. Yet, challenges persist as poverty and inequality remain high, especially in rural areas. The Coronavirus (COVID-19) induced global recession has affected important sectors of the economy, including tourism and the travel industry. This report fills knowledge gaps in the upstream importance of environment and natural assets, and highlights areas for aligning national strategies with sustainable recovery from the Coronavirus (COVID-19) pandemic. In so doing, the report aims to inform national policies by which Georgia has commitments to "greening" sector developments aligned with the provisions of the EU-Georgia Association Agreement. The analysis underlying the report includes updates to the cost of environmental degradation (CoED) published in 2015. It also reflects the new government priorities and options for addressing specific challenges in forest management, land and coastal degradation, and air pollution. The recommendations of this report are designed for a wider audience, including the government of Georgia, as well as development partners and broader society
    DOI: 10.1596/34862
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  • 20
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    A Silver Lining : Productive and Inclusive Aging for Malaysia (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Social Protection Study
    Abstract: In 2020, Malaysia passes a crucial milestone in its demographic trajectory and becomes an aging society. Driven by a precipitous decline in fertility accompanied by a sustained rise in life expectancy, in recent years Malaysia has seen an uptick in the pace of demographic change. Rapid aging will be one of the most crucial megatrends affecting Malaysia in coming decades, raising policy challenges in areas such as employment, income security, health care, and aged care. The term silver economy has been coined to encompass all sources of opportunities that arise from economic activities that serve the needs and demands of older persons. While rapid aging is crucially important and will become even more so in coming decades, through the right choice of policies, the government of Malaysia can help the country achieve productive and inclusive aging. The Coronavirus (COVID-19) pandemic has resulted in an unprecedented crisis with an enormous health and human toll, as well as exacerbated many of the policy challenges raised by aging both in the short term and more structurally. The report analyzes Malaysia's demographic, socioeconomic and macroeconomic contexts, as well as three select key policy areas where critical knowledge gaps exist-employment, income security, and aged care
    DOI: 10.1596/34887
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  • 21
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    Business Regulation in South Asia and the Belt and Road Initiative (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Infrastructure Study
    Abstract: This study provides a comprehensive comparative analysis of the business environment in six South Asian countries, Afghanistan, Bangladesh, India, Nepal, Pakistan, and Sri Lanka, to examine whether business regulatory requirements in these countries hinder them from fully benefiting from BRI project spillovers. The analysis is based on available secondary data sources and responses to a structured questionnaire sent to selected private sector participants in each of these countries, eliciting information on the law, regulation, and practice in a wide range of thematic areas influencing the overall business and regulatory environment. Survey respondents identified nine key themes as the most challenging for the private sector, including from the perspective of potential benefits from BRI-induced opportunities. The thematic areas are: (a) licensing and inspection requirements; (b) regulations and practices governing foreign investment; (c) access to resources such as land, credit, and electricity; (d) regulatory restrictions on the operation of foreign firms, such as local content requirements and currency repatriation; (e) regulatory governance and corruption and state capture; (f) predictability and quality of the regulatory framework, especially corporate taxation; (g) government procurement laws and practice; (h) effective dispute settlement and grievance mechanisms; and (i) trade and customs regulations. The identified thematic areas promote connectivity and regional integration and thus are particularly relevant from the BRI perspective. Improvements along different dimensions of these thematic areas will likely enable countries in the region to gain from BRI-induced opportunities
    DOI: 10.1596/34891
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    Monitoring Small-Scale Cross Border Trade in Africa : Issues, Approaches, and Lessons (2020)
    Washington, D.C : The World Bank
    Details
    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: This report synthesizes the work carried out as part of a World Bank ASA (Advisory Services and Analytics) activity to identify better systems and practical strategies that countries can use for improved monitoring of small-scale cross border trade (SSCBT). Large amounts of goods are known to be traded through cross border channels in Africa, yet SSCBT is poorly counted leading to a misrepresentation of the true state of regional integration and possible misalignment of trade and development policies. The study assesses the strengths and limitations of existing SSCBT data systems in East Africa to understand the feasibility and cost effectiveness of different data collection methods. It also looks at conditions along trade corridors in other regions of Africa where SSCBT data are only starting to be monitored to identify common bottlenecks and potential solutions for improved trade data collection in different environments. The analysis draws on fieldwork carried out during July and August 2019, as well as subsequent consultations with local counterparts, including with respect to the impact of the COVID-19 pandemic. Through this work, the study aims to inform policy in countries where SSCBT is important and where the establishment of monitoring systems will be relevant and desirable. The project also contributes to discussions and negotiations on regional integration by raising the profile of SSCBT and drawing attention to the importance of addressing barriers that limit this trade. In addition to this report, findings of the ASA are also being shared with a diverse audience of policymakers, economic analysts, and civil society representatives through short policy notes, working papers, and dissemination events
    DOI: 10.1596/34884
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    Perceptions of Gender Disparities in Vietnam's Labor Market (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Women in Development and Gender Study
    Abstract: In the context of Vietnam's impressive economic growth over the last two decades, several studies have documented gender disparities, but few have studied the underlying constraints that drive the disparities. The Vietnamese government is working to increase its support to job seekers. To help fill the knowledge gaps, this study uses three qualitative methods to understand stakeholders' views on the mechanisms underlying gender disparities in the Vietnamese labor market and related policy: (1) individual biographical interviews; (2) focus group discussions; and (3) expert interviews. This study gives particular emphasis to the context in which the gender dynamic is played out in the sphere of the labor market. It approaches gender not as naturally determined but as socially constructed, with cultural, political, religious, and ethnical concepts all influencing its meaning. The study's qualitative findings confirm that a range of gender disparities exist in Vietnam's labor market. Section one gives introduction. Section two provides information on the institutional and legal environment in Vietnam and summarizes existing findings on gender disparities in the country's labor market. Section three describes the qualitative methodologies that were used in the study, namely individual biographical interviews, focus group discussions, and key informant interviews. Section four discusses the empirical findings, section five details summary of research results for the provinces of Dien Bien and Quang Nam, and section six presents conclusions and policy recommendations
    DOI: 10.1596/34895
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    Solomon Islands High Frequency Phone Survey on COVID-19 : Results from Round 1 (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Poverty Study
    Abstract: The Solomon Islands is a lower middle income small island state in the Melanesian region of the Southwest Pacific. Agriculture, including logging, is central to the economy of the Solomon Islands. To protect the country from importation of Coronavirus (COVID-19) and to limit the possible spread of undiagnosed cases, beginning March 27, the government enacted a series of emergency measures under the State of Public Emergency (SoPE). Coronavirus (COVID-19) response measures, both domestically and abroad, are expected to have negative impacts on the economy and on livelihoods. A strong evidence base is needed to understand the socioeconomic implications of the coronavirus pandemic for the Solomon Islands. The objective of this survey was to measure the socioeconomic impacts of the Coronavirus (COVID-19) global pandemic in the Solomon Islands, including livelihoods, food security, and public safety and security, through a high frequency mobile phone survey
    DOI: 10.1596/34908
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    Ghana Poverty Assessment (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Poverty Assessment
    Abstract: After the return to democracy, Ghana achieved significant economic growth and poverty reduction. However, in recent years, the rate of poverty reduction has slowed, becoming insignificant after 2012. The largest reduction in poverty, 2 percent per year, was reached from 1991-1998. Subsequently, the rate of decline fell to 1.4 percent in 1998-2005, 1.1 percent in 2005-2012, and dropped to 0.2 percent per year between 2012 and 2016. The slowdown in poverty reduction was not due to a reduction in GDP per capita growth, which peaked between 2005 and 2012 and remained high between 2012 and 2016. Rather, it was due to a drop in the rate to which economic growth translated into poverty reduction. The growth elasticity of poverty (percentage reduction in poverty associated for every one percentage change in GDP per capita) was 1.2 between 1991 and 1998 but declined to less than 0.1 between 2012 and 2016, indicating a 1 percent increase in GDP per capita led to less than 0.1 percent reduction in poverty
    DOI: 10.1596/34804
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  • 26
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    Monitoring COVID-19 Impacts on Households in Vietnam, Report No. 2 : Round 2 Results Snapshot (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Poverty Study
    Abstract: To monitor the social and economic effects on households during the COVID-19 pandemic, the World Bank is conducting High-Frequency Phone Surveys of Households in Vietnam. These monitoring data help generate insights on household well-being amidst this dynamic period and highlight the effects on the most vulnerable members of Vietnamese society. This note provides a snapshot of results from the 2nd of five rounds of this survey series. Fieldwork for the second round was conducted from July 27 to August 12, 2020. During the first half of 2020, COVID-19 cases in Vietnam were well contained and appeared almost eradicated. However, after 99 days without any new COVID-19 cases, the Da Nang region re-entered lockdown after the emergence of a positive case on July 25th, 2020. While round one of the survey series (in June-July 2020) was conducted after the first lockdown, round two was collected right at the beginning of this second outbreak. The timing of fieldwork should be considered when considering trends
    DOI: 10.1596/34860
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  • 27
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    Leading Schools Digitally : Evaluation of the Electronic School Planning and Budgeting System (e-RKAS) in Indonesia (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Education Study
    Abstract: The education system under the Ministry of Education and Culture (MoEC) in Indonesia is highly decentralized. Most school costs under MoEC are covered by fiscal transfers from the centre to provincial and district levels, some of which are earmarked for education use. One such type of transfer is school operational grants, known as Bantuan Operasional Sekolah (BOS) or school operational assistance. BOS funds are managed directly by schools, which have been delegated the autonomy to receive, plan and budget, spend, administer, and report their use. Experience has shown that many schools lack the capacity to use BOS funds effectively and efficiently to deliver better learning outcomes for students, while there have been no planning systems to manage use of BOS funds towards achieving the National Education Standards (NES) for individual schools. Under the BOS program, each school is required to conduct a School Self-Evaluation (SSE) against the NES and use the results to develop its spending plans accordingly. Every school has also been advised to develop a planning and budgeting system (Rencana Kegiatan dan Anggaran Sekolah or RKAS) to allocate and manage BOS funds. To support implementation of the RKAS, an application called the Rencana Kegiatan dan Anggaran Sekolah Berbasis Elektronik (e-RKAS or electronic school plan) has been developed. To assess the preliminary effects of introducing different e-RKAS applications on the role and behaviour of stakeholders, as well as challenges experienced during implementation, the World Bank conducted an evaluation of the e-RKAS program. This report focuses on the evaluation and impact of e-RKAS
    DOI: 10.1596/34883
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    Women Endure COVID-19 Unequally to Men (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Poverty Study
    Abstract: The adverse impact of the Coronavirus (COVID-19) pandemic is being disproportionately borne by women, further exacerbating the wide gender inequities in Myanmar. From food security, shortages in finances and the burden of caretaking responsibilities, women have been disproportionately affected by the secondary impacts of the Coronavirus (COVID-19) outbreak. Women have had to adopt more drastic measures to mitigate the impacts of the pandemic, both reactively and proactively, ranging from reducing food- and non-food consumption and borrowing money from Micro-Finance Institutions and informal money lenders. Not unexpectedly, women's greater disadvantage, limited access to support, subjection to domestic violence and structural inequalities lend themselves to their being less optimistic about the near future. The evidence surveyed is clear that women are enduring Coronavirus (COVID-19) disproportionately worse than men, both in household and firm settings and they take on the bulk of the emotional burden with regard to responsive and proactive coping mechanisms
    DOI: 10.1596/34888
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    Uganda Economic Update, 16th Edition, December 2020 : Investing in Uganda's Youth (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: Uganda's real GDP grew at 2.9 percent in FY20, less than half the 6.8 percent recorded in FY19, due to the effects of the COVID-19 (coronavirus) crisis, and is expected to grow at a similar level in FY21, but downside risks are high. Economic activity stalled during the latter part of the fiscal year due to a domestic lockdown that lasted over four months, border closures for everything but essential cargo, and the spillover effects of disruption in global demand and global supply chains due to the COVID-19 pandemic. This resulted in a sharp contraction in public investment and deceleration in private consumption, which hit the industrial and service sectors hard, particularly the informal service sector. On a calendar year basis, real GDP growth is expected to contract by up to 1 percent in 2020, compared to 7.5 percent growth in 2019, and, as a result, real per capita GDP growth is expected to contract by about 4.5 percent. Even if GDP growth rebounds strongly by 2022, the level of per capita GDP is likely to remain well below its pre-COVID trajectory. As a result of these impacts, the COVID-19 crisis is threatening to reverse some of the gains made on structural transformation and the declining poverty trend of the past decade. This transformation was characterized by a reduction in the workforce employed in on-farm agriculture and a take-off in industrial production, largely in agro-processing. However, following the COVID shock, there have already been widespread firm closures, permanent layoffs in industry and services, a rapid slowdown of activity particularly in the urban informal sector, and a movement of labor back to farming. At the same time, household incomes have fallen, which is concerning given the high levels of vulnerability to poverty, limited social safety nets, and impacts this might have on human capital development and Uganda's capacity to benefit from its demographic transition
    DOI: 10.1596/34893
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    Philippines Economic Update, December 2020 : Building a Resilient Recovery (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: The Philippine economy contracted by 10.0 percent, year-on-year, in the first three quarters of 2020, given the triple shock brought by the Coronavirus disease (COVID-19) pandemic. COVID-19 delivered a triple shock of a health crisis, strict containment measures, and a global recession of unprecedented scale. The sharp contraction in the second quarter was driven by the steep dive in private domestic demand, deep contraction in public investment activities, and the collapse of trade due to the impact of strict containment measures domestically and globally. Most of the country entered a more relaxed community quarantine in mid-August with a gradual opening of businesses and government operations. Yet, the economy further contracted in the third quarter, albeit a modest improvement from the peak of the outbreak. Moreover, the country was hit by a series of strong typhoons which may cause delay on the pace of the recovery as economic activities were affected in some areas. This report will feature disaster risk management (DRM) challenges the country faces and policy recommendations to strengthen its fiscal, physical, and social resilience. The severity of the recession can be explained, first and foremost, by the collapse in private consumption, as containment measures led to a fall in employment and incomes. Private consumption contracted by 8.2 percent, its worst performance on record. This was in large part due to a combination of factors that crippled domestic demand, including record-high unemployment, declining incomes (including remittances), movement restrictions that suppressed consumption, and a historic decline in consumer confidence. The deepest contraction was registered in the consumption of non-essential goods and services and those that were affected by the implementation of strict containment measures, while essential goods such as food registered small positive growth. In particular, the combination of travel restrictions and weak consumer confidence which weighed on demand, resulted in a collapse in domestic tourism expenditures, which make up a fifth of private consumption
    DOI: 10.1596/34899
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    Bulgaria : Country Needs and STI Policy Mix Assessment (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Education Study
    Abstract: Bulgaria has achieved impressive economic performance over the last two decades. Nevertheless, recent growth of gross domestic product (GDP) and productivity has slowed since the global financial crisis, and the country faces medium- to long-term labor shortages and skills mismatches driven by an aging population and high emigration rates. Maintaining income growth in the face of these challenges will require boosting productivity, and a key step to increase productivity is to strengthen Bulgaria's science, technology and innovation (STI) performance, which ranks among the worst in the European Union (EU) across multiple indicators. A review of STI policies is critical in preparation for the next EU programing period to ensure that the expected increase in resources to support research and innovation is used effectively. This report provides a comprehensive assessment of the country's research and innovation needs and an original analysis of the policies devoted to supporting STI in Bulgaria, including nearly all national-level STI-related policy instruments
    DOI: 10.1596/34790
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    The Promise of Education in Indonesia (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Education Sector Review
    Abstract: This Indonesia Education Flagship Report examines ways to strengthen education reforms and boost the learning outcomes of all Indonesian students. It focuses on how the education system can deliver on the promise of human capital for Indonesia. The recommendations focus on protecting and building human capital by increasing the capacity, equity, and accountability for learning. The report also explores what the central government can do to make changes for the better in areas under its control and how to provide better guidance and support to provinces, districts, and schools
    DOI: 10.1596/34807
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    Natural Capital Accounting : Informing Policy Decisions and Management of Uganda's Natural Resources (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Environmental Study
    Abstract: The Government of Uganda has been working to establish a new system of NCA. NCA is a standardized approach to measuring and valuing natural resources. It overcomes the limitations of traditional economic measurements, such as gross domestic product (GDP), that look primarily at income and not at wealth. It provides physical and monetary information about natural capital wealth as well as income and other benefit flows. As such,NCA is already helping to inform key policies and plans in Uganda. The development of NCA in Uganda has been supported by various development partners, notably the World Bank's global program, WAVES. This paper offers an independent synthesis of Uganda's work with WAVES from 2018 to 2020. It is based on program documentation and a review of the accounts themselves, supplemented by interviews of key Ugandan officials involved in the process
    DOI: 10.1596/34811
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    Ethiopia Regional Poverty Report : Promoting Equitable Growth for All Regions (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Poverty Assessment
    Abstract: Ethiopia's economy has grown rapidly over the last two decades, leading to significant national poverty reduction, but there were significant differences in the pace and nature of poverty reduction across Ethiopia's eleven regions. Based on the national poverty line, poverty decreased from 46 percent in 1996 to 24 percent in 2016 nationwide. Poverty decreased in all the regions, particularly after 2005 when growth became more robust. Although regional disparities remained fairly low, regional poverty rates converged until 2011 only to begin diverging again in 2016
    DOI: 10.1596/34805
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    Kenya Economic Update, November 2020 : Navigating the Pandemic (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: Kenya's economy has been hit hard by COVID-19, severely affecting incomes and jobs. The economy has been exposed through the dampening effects on domestic activity of the containment measures and behavioral responses, and through trade and travel disruption (affecting key foreign currency earners such as tourism and cut flowers). Real Gross Domestic Product (GDP) contracted by 0.4 percent in H1 2020 year-on-year(y/y), compared to growth of 5.4 percent in H1 of 2019. This reflects a worse-than-anticipated Q2 GDP outturn, mainly due to a sharp reduction of services sector output, especially education. As a result, the economy is projected to contract by 1.0 percent in 2020 in the baseline scenario, and by 1.5 percent in a more adverse scenario. This revision essentially adopts the adverse scenario outlined in the April 2020 update, reflecting the more severe impact of the pandemic to date than had been initially anticipated, including on the measured output of the education sector following the closure of institutions in March. The special focus topic finds that the pandemic increased poverty by 4 percentage points (or an additional 2 million poor) through serious impacts on livelihoods, by sharp decreases in incomes and employment. The unemployment rate increased sharply,approximately doubling to 10.4 percent in the second quarter as measured by the KNBS Quarterly Labor Force Survey. Many wage workers who are still employed face reduced working hours, with average hours decreasing from 50 to 38 hours per week. Almost 1 in 3 household runbusinesses are not currently operating, and between February and June average revenue from household run businesses decreased by almost 50 percent. This has exacerbated food insecurity, and elevated pain and human suffering. In response to the crisis, the government has deployed both fiscal and monetary policies to support the healthcare system, protect the most vulnerable households, and support firms to help preserve jobs,incomes and the economy's productive potential. Tax revenue dropped below target, due to the marked slowdown in economic activity, as well as tax relief as part of the government's fiscal response package. At the same time, expenditures were raised to strengthen the capacity of the healthcare system to manage infections, protect the most vulnerable households, and support businesses
    DOI: 10.1596/34819
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    Creating Disability-Inclusive ID System (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Public Sector Study
    Abstract: Access to identification is a vital priority. In developing countries, persons with disabilities are among those most likely to face barriers in accessing government services such as health and rehabilitation, public transportation, education, voting, financial services, and economic opportunities. For women and girls with disabilities and other persons with disabilities with intersecting identities, these barriers are multidimensional. Addressing poverty among persons with disabilities and their families requires solutions that address their differentiated and sometimes complex needs, a precondition of which is possessing official proof of identity. This report provides a model of the continuous nature of the ID lifecycle, suggesting some illustrative approaches to designing a disability-inclusive ID process at any stage in the lifecycle. The ID lifecycle comprises five phases, each allowing for disability-inclusive interventions. The five phases are: (1) planning and design; (2) outreach and engagement; (3) enrollment; (4) use of ID; (5) and monitoring and evaluation. The cycle presents examples of continuous activities which should be regularly revisited to ensure that ID systems are accessible to people with disabilities regardless of the stage of implementation of the ID system. While not exhaustive, and recognizing that country contexts differ, this cyclical model can be a useful planning tool, much like that used across the world by electoral commissions for inclusive voter registration
    DOI: 10.1596/34848
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    Global Experiences from Regulatory Sandboxes (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: Regulatory sandboxes have become synonymous with fintech innovation and offer the unique benefit of providing the empirical evidence needed to substantiate decisions. This paper on Global Experiences from Regulatory Sandboxes brings together detailed lessons learned and case studies from sandboxes across the globe. Our research has identified 73 sandboxes in 57 jurisdictions. This is currently the most up-to-date resource for sandboxes available and is supplemented with an interactive database on Key data from Regulatory Sandboxes across the globe
    DOI: 10.1596/34789
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    Climbing the Ladder : Poverty Reduction and Shared Prosperity in Vietnam (2018)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Poverty Assessment
    Abstract: Vietnam has achieved remarkable success in reducing poverty while controlling inequality. The country's broad-based growth reflects the government's focus on developing labor-intensive export sectors while investing heavily in human capital that saw the country exceed its peers. However, gains have been concentrated among the Kinh and Hoa ethnic majority, while minority groups have not only continued to experience poverty rates far above the national average, but have seen slower progress too. This report analyzes recent trends in poverty and shared prosperity. It presents the findings of the 2016 Vietnam household and living standards survey (VHLSS), highlighting important progress and identifying new challenges. The report is organized into two main sections. The first section reviews Vietnam's progress in reducing poverty and promoting share prosperity. It describes updated poverty and shared prosperity trends, the nature of economic mobility, and the drivers of poverty reduction. The second section - titled leaving no one behind is more forward-looking, starting by identifying major constraints faced by the poor, then proceeding to lay out challenges for moving the poverty and shared prosperity agenda going forward
    DOI: 10.1596/29684
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    Bangladesh Skills for Tomorrow's Jobs : Preparing Youth for a Fast-Changing Economy (2018)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Education Study
    Abstract: The skills for tomorrow's Jobs in Bangladesh attempts to address key skills challenges and identifyopportunities in the backdrop of fast technological and economic changes. It proposes mid to long-term strategic policy options that would contribute to economic growth and job creation in Bangladesh with a focus on post-secondary education and skills development sectors. It aims to inform the Government and the World Bank's jobs agenda. The study draws upon relevant literatures from international and national sources, the government's surveys and education statistics, and analytical works undertaken by the World Bank and other agencies. Moreover, the study was extensively informed and guided by knowledge and insights gathered through the experience from the World Bank funded operations and series of consultations on skills for future jobs with relevant stakeholders in Bangladesh
    DOI: 10.1596/29680
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    Philippines Economic Update, April 2018 : Investing in the Future (2018)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: In 2017, the Philippines was among the top three growth performers in the East Asia region. Only Vietnam and China performed better. The Philippines growth performance slightly weakened in 2017 to 6.7 percent year-on-year from 6.9 percent in 2016. Growth was anchored in strong exports, while investment growth significantly slowed and consumption growth moderated. The Philippines' annual exports rose sharply in 2017 and became the main engine of economic growth, while imports continued to grow by double-digits. Investment growth slowed in 2017, following two consecutive years of rapid expansion, and climbing inflation slowed real wage growth and contributed to a moderation in private consumption growth
    DOI: 10.1596/29725
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    South Africa Economic Update, No. 11 : Jobs and Inequality (2018)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: This report reviews South Africa's recent economic and social developments. It underlines that South Africa's current economic rebound may not be sustained if the fundamental factors undermining its growth potential are not boldly addressed. This includes in particular income inequality, which fuels resource contestation, policy uncertainty and scare private investors of seeing their investments overly taxed and expropriated. Nevertheless, inequalities are increasingly driven by labor markets developments, as opposed to race or location of origin. Policy actions could accelerate a projected decline in inequalities resulting from greater access to education. Using a dynamic computable general equilibrium, the report simulates a number of policy scenarios until 2030. Simulation results suggests that continuing to address corruption, restoring policy certainty in mining, improving the competitiveness of strategic state-owned enterprises, further exposing South Africa's large conglomerates to foreign competition, and facilitating skilled immigration would raise labor demand and create the fiscal space needed to eventually build labor supply from the poor population through education and spatial integration reforms. By 2030, extreme poverty could be almost eradicated and inequalities significantly reduced. And as inequalities decline, the social contract would strengthen and likely encourage further private investment - a possibility not captured in the simulations
    DOI: 10.1596/29677
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    Coding Bootcamps for Youth Employment : Evidence from Colombia, Lebanon, and Kenya (2018)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Knowledge Economy Study
    Abstract: Coding bootcamps are intensive short-term programs designed to train participants in programming skills to make them immediately employable. They combine characteristics of traditional vocational training programs with the intensity of military bootcamps for new recruits, intermingling socio emotional and tech skills learning in an intense and experiential manner, in what could be referred to as skills accelerators. The authors refer to coding bootcamps in this report as the ready-to-work model. The initiative aims to collect and share examples and lessons of bootcamps in emerging markets, and measure the impact of bootcamp training on youth employment in selected countries. The program seeks to establish a framework of best practice for future projects in technology upskilling in the developing world. This report highlights the results of a randomized controlled trial (RCT) carried out in Medellin (Colombia), complemented with qualitative studies in Beirut (Lebanon) and Nairobi (Kenya). This report is arranged as follows: Chapter 1 starts with introduction; Chapter 2 describes the intervention in Medellin,including the experimental allocation of training slots to the bootcamp; Chapters 3 and 4 present the qualitative studies in Beirut and Nairobi; The main findings from the three interventions are presented in Chapter 5; and lessons for future impact evaluations are described in Chapter 6
    DOI: 10.1596/29742
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    Senegal Economic Update, April 2018 : Recent Growth Drivers in Senegal, and the Role of Agriculture in Developing a Resilient and Inclusive Economy (2018)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: The Economic Update (SEU) evaluates the recent (2016-17) growth performance and macroeconomic policies in Senegal, thus providing a basis for the policy dialog with the Government and other stakeholders. The first section of the Economic Update evaluates the drivers of growth and the macroeconomic framework. Three-year perspectives are also included, underlining risks and challenges. The second section evaluates the agricultural sector in more detail focusing on the recent evolution of the agriculture sector and on the impact of public sector involvement
    DOI: 10.1596/29724
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    Water Scarce Cities : Thriving in a Finite World (2018)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Water Papers
    Abstract: The report is an advocacy piece to raise awareness around the need to shift the typical way urban water has been managed and to share emerging principles and solutions that may improve urban water supply security in water scarce cities. It aims to promote successes, outline challenges and principles, and extract key lessons learned for future efforts. It builds on the experiences of over 20 water scarce cities and territories from five continents, which represent a diversity of situations and development levels. This report argues that WSS service providers, policy makers, and practitioners should look at their mandate and responsibilities in a new light, and seek to embrace integrated water resources management considerations. Drawing from successful experiences from around the world, it extracts several underlying management principles applied by effective utilities. The report then aims to demystify solutions to address urban water scarcity, comparing and contrasting related institutional, technological, economic and social aspects. It then concludes with cross-cutting considerations relevant to planners, water operators and policy makers of water scarce cities
    DOI: 10.1596/29623
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    Bangladesh Development Update, April 2018 : Building on Resilience (2018)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: Industrial production and services growth remained resilient. Inflation has accelerated, primarily due to supply shocks. Monetary policy has been accommodative. Financial sector vulnerability is rising. With a tightening of prudential controls, lending rates are back to double digits. Despite significant recovery in both exports and remittances, the current account deficit widened sharply, driven by a surge in imports. The overall balance of payments swung into deficit for the first time since FY11. Consequently, the exchange rate has depreciated. Interventions to smoothen exchange rate adjustments have eroded foreign exchange reserves. The fiscal deficit has been contained as weak revenue growth was counterbalanced by even weaker growth in expenditures. GDP growth is projected in the 6.5-7 percent range in the medium-term, while macro stability will require heightened vigilance. Poverty reduction has continued but slowed. The amount of poverty reduction achieved by each percent of growth fell by a third. Extreme poverty is projected to fall modestly to 11-12 percent in the medium-term. Downside risks center on the solvency of banks and the run-up to elections elevating instability and policy uncertainty. Going forward, investment and innovation enabling reforms will be key to accelerating development progress
    DOI: 10.1596/29678
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    Re-Mapping Opportunity : Making Best Use of the Economic Potential of Russia's Regions (2018)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Public Sector Study
    Abstract: In order to understand a country as large and diverse as Russia, it is extremely important to consider spatial patterns of economic development. As Russia looks for new drivers of economic growth, it is important to understand the structural conditions that have defined economic development in Russia's regions. This report uses the Economic Potential Index (EPI) methodology to identify the conditions that drive regional development. Economic potential is the level of productivity that is possible for a region to achieve given its structural endowments, which are characteristics that are hard to alter in the short run. The methodology used in this report combines quantitative analysis of drivers of productivity across regions with in-depth case studies that focus on the role of regional governments and institutions in converting endowments into economic outcomes. This methodology generates insights that are relevant for both national and regional governments. The first chapter of this report provides an overview of regional development in Russia over the last 25 years and identifies "Russia-specific" national structural conditions that may affect regional development. The second chapter discusses the results of an assessment of economic potential at the regional level and the factors that shape it in Russia. The third chapter focuses on the role of national and regional governance, policy, and institutions in promoting economic development of the regions. The final chapter proposes policy priorities for both regional and national authorities
    DOI: 10.1596/29732
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    Business Unusual : Accelerating Progress Towards Universal Health Coverage (2018)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Health Study
    Abstract: At present rates, the global 2030 Universal Health Coverage (UHC) targets under the United Nations Sustainable Development Goals will not be met. Urgent action is needed to speed progress in the two dimensions of UHC, health service coverage and financial protection, and to ensure that no one is left behind. What can be done? First, countries can learn from past experience. This report identifies a set of factors common among countries that made outstanding progress on selected service coverage and financial protection indicators between 2000 and 2015. By adapting proven approaches to their own settings, and by addressing stubborn implementation bottlenecks, countries can accelerate progress towards UHC. Second, even as they benefit from models of success, countries must prepare to manage deeper health system transformation now on the horizon. Spurred by economic, technological, demographic, and epidemiologic forces, these transformations will reshape the landscape in which countries pursue their 2030 UHC goals, creating new risks but also opportunities
    DOI: 10.1596/29730
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    Comoros Public Expenditure and Fiscal Management Review (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Series Statement: World Bank E-Library Archive
    Abstract: The objective of the Comoros public expenditure and fiscal management review is to assist the Government of Comoros in strengthening the basis for the management of its public expenditure program. The review takes stock of expenditure trends and the systems governing public spending, with an emphasis on strengthening fiscal sustainability, budget credibility and strengthening fiscal management in the electricity and service delivery sectors
    DOI: 10.1596/28609
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    Demystifying Forest BondsAssessing the Suitability of Bonds as a Financing Instrument to Meet Forest-Based NDC Targets (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Series Statement: World Bank E-Library Archive
    Abstract: Forests have been receiving increased attention over the past few years, particularly through international climate change negotiations and efforts to develop a mechanism for reducing emissions from deforestation and forest degradation. In many forest-rich countries, the implementation of the recently declared COP21 INDC1 targets builds significantly on greenhouse gas (GHG) emission reductions and emission avoidance related to forests. Most of these countries will require considerable new investments in forestry that can be realized only through an increased level of financing over the next few years. Given the scale of the financing requirements, prevailing macroeconomic conditions, and fiscal constraints, it is unlikely that these countries will be able to fund these programs alone
    DOI: 10.1596/28587
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    Philippines Economic Update, October 2017 : Preserving Consistency and Policy Commitment (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The Philippines Economic ...
    DOI: 10.1596/28561
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    Egypt Policy Note on Public Land Acquisition and Institutional Reforms : Application of Eminent Domain Principles (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Series Statement: World Bank E-Library Archive
    Abstract: This reports on the cost of doing business in Egypt consistently identify delays in land acquisition as one of the impediments to setting up new businesses as well as attracting foreign direct investments. Despite the provisions of Law 10/1990 (hereafter referred to as Law 10), which lays out a legal framework for the expropriation of real estate for public-interest projects, these delays persist due to overlapping in national and sectoral policies and practices. This Policy note acknowledges the absence of a comprehensive land administration system in Egypt. It focuses instead on the challenges facing land acquisition for public interest projects and theshortcomings of Law 10. It summarizes key challenges based on the findings of key research productsfrom the technical assistance (TA) program offered by the World Bank to the Egyptian government concerning land acquisition and policy reform, including the diagnostic analysis report prepared in June 2016 and the report of the TA Committee Members' visit to India prepared in May 2016. The key challenges discussed in this policy note fall under two broad kinds: limitations in law, and policy coherence. To help develop a more coherent and transparent approach to land acquisition, this note also lays out recommendations and a road map. The Annex to this note highlights the broader issues of land administration, with a special focus on the weak institutionalization of deeds and title registration systems
    DOI: 10.1596/28537
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    Improving Service Levels and Impact on the Poor : A Diagnostic of Water Supply, Sanitation, Hygiene, and Poverty in Indonesia (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Series Statement: World Bank E-Library Archive
    Abstract: The objective of this report is to provide an empirical basis for more inclusive and equitable service delivery in the water and sanitation sector in Indonesia. Although the GoI has established a program and strategy for achieving universal access to water supply and sanitation and zero slums (the 100-0-100 program, which aims for 100 percent access to water supply, zero urban slums, and 100 percent access to sanitation), these targets will be achieved through different service level sub-targets. For water supply, the target is for 40 percent of the population to have access to piped water and 60 percent to non-piped (in urban areas, 60 percent piped and 40 percent non-piped), whereas for sanitation, universal access is defined as 15 percent of the population having access to basic sanitation (a toilet that ensures hygienic separation of human excreta from human contact), 12.5 percent to centralized and decentralized sewerage systems, and 72.5 percent to on-site sanitation with improved fecal waste management. A poor-inclusive approach to universal access-one that improves the ability of and opportunity for the poor and vulnerable to benefit from water and sanitation services-can help to ensure that Indonesia not only achieves its service delivery targets, but that water supply and sanitation become key drivers of a reduction in inequality, enhanced health and well-being, and economic growth and prosperity. Policy recommendations are prioritized based on their expected impact on these development goals, and the strength of the evidence base for the solution proposed
    DOI: 10.1596/28505
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    From Regulators to Enablers : Role of City Governments in Economic Development of Greater Kampala (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: City Development Strategy
    Series Statement: World Bank E-Library Archive
    Abstract: Uganda is urbanizing rapidly. If not proactively managed, Uganda will miss a major opportunity for structural transformation. The purpose of this report is to provide Ugandan policymakers with economic analyses on the role of Greater Kampala in achieving Uganda's economic goals outlined in Vision 2040 and the actions needed to unlock the city's economic potential. This report drills down into the case of Greater Kampala and outlines the metropolitan's main challenges to promoting economic development and recommending areas for government action. Following the introductory section, Section 2 profiles Greater Kampala's economic strengths and weaknesses as well as outlines the vital role it plays in Uganda's economy. The section will show that Greater Kampala is not generating enough jobs in the value-added sectors, like manufacturing, for sustained economic development and concludes by identifying promising sectors which have the greatest potential to create productive jobs. This report then argues that there are three focus areas which are crucial to Greater Kampala's future economic development: i) Built environment and; ii) Business constraints affecting the tradable sector. Section 2 evaluates Greater Kampala's built environment, assessing the city's urban form and infrastructure and how they impact on firm competitiveness. This section concludes with practical suggestions for the Greater Kampala Metropolitan Area stakeholders and identifies opportunities to better manage Greater Kampala's urbanization. Section 3 addresses the business constraints which Kampala's formal firms face. This section discusses how governments can best engage businesses to address barriers to firm growth including access to finance, taxation and skills. The report concludes by outlining all recommendations in a sequenced plan
    DOI: 10.1596/28459
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    Social Exclusion and Inclusion in Georgia : A Country Social Analysis (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Social Analysis
    Series Statement: World Bank E-Library Archive
    Abstract: Georgia has an impressive record of reforms and is on a steady track of poverty reduction, butensuring that of its all citizens can equally benefit from and contribute to its development remains a challenge. This study focuses on one particular aspect of Georgia's path to inclusive growth: social inclusion. It uses the concepts of social inclusion and exclusion to help understand why some members of society may be consistently left behind from the development process, and to provide insights into policies that can have a transformational impact on the situation of systematically disadvantaged groups and individuals. Social exclusion implies that certain members of society, due to their social or cultural identity, may face complex barriers and, due to them, have persistently lower outcomes e.g., access to quality education, health, employment, and income relative to the rest of society, thus not achieving their full potential
    DOI: 10.1596/28317
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  • 55
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    Precautionary Management of Deep Sea Minerals (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Mining, Oil and Gas
    Series Statement: World Bank E-Library Archive
    Abstract: This is a background paper to the Pacific Possible report. Technological progress has given rise to increased interest in deep sea minerals. This report takes stock of existing policy, legal and fiscal arrangements supporting DSM decision making and the regulatory and institutional capacities necessary to assure positive outcomes. As such, the report summarizes the knowns and unknowns characterizing the current state of DSM, frames the need to apply the precautionary approach given information uncertainty, and identifies professional and institutional capacity building needs. Given the significant uncertainties and weak institutional capacity in the countries of the Region, the report recommends the precautionary approach to DSM, which among others includes the option of no development if the risks are found to be larger than the benefits. It also recommends that regional regulatory collaboration takes place in a way that is respectful of sovereignty considerations
    DOI: 10.1596/28298
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    Coding Bootcamps : Building Future-Proof Skills through Rapid Skills Training (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Knowledge Economy Study
    Series Statement: World Bank E-Library Archive
    Abstract: This report studies coding bootcamps. A new kind of rapid skills training program for the digital age. Coding bootcamps are typically short-term (three to six months), intensive and applied training courses provided by a third party that crowdsources the demand for low-skills tech talent. Coding bootcamps aim at low-entry level tech employability (for example, junior developer), providing a new tool for entry into the new world of digital jobs. This report studies the characteristics, methodologies, business models and impact of five coding bootcamps operating directly or through partners in developing countries. High employability and employment rates in low-entry tech positions (for example, junior developer, freelancer, and so on) reported by coding bootcamps suggest an untapped potential of this form of rapid tech skills training. From the case studies, there are two factors that seem to exert a major influence over employment outcomes: 1. selection criteria, and 2. extent of links with the local tech ecosystem. However, there is also criticism around bootcamp programs, which have been grounded in three key arguments: quality of programming skills, employability, and "short termism." Early evidence, which is based on a limited number of sources and mostly based on the data from bootcamp providers themselves, calls for additional, more representative, and holistic research
    DOI: 10.1596/28218
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    Preliminary Analysis : The Public Procurement Monitoring System of Montenegro (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Procurement Study
    Series Statement: World Bank E-Library Archive
    Abstract: Montenegro is currently in the process of modernizing and restructuring its public procurement system, not only with a view to bringing its procurement system in line with international best practices and complete its accession requirements to enter the EU, but also to constructing more efficient and competitive public procurement, that will enable optimization of results. In order to guarantee that significant improvements are built into the procurement system, the Government of Montenegro has taken several steps to tackle its shortcomings, namely by devising strategies for the development of the procurement system along with action plans that establish specific measures and goals and respective timeframes for completion and tracking the implementation of such measures. The assessments conducted by external entities to the Government of Montenegro have shown that such strategies have been productive in addressing issues in the public procurement system of Montenegro and showcase a steady evolution towards better procurement practices. The analyses introduced by this methodology will most definitely concentrate on performance compliance indicators. These will allow for a more quantitative-based approach to monitoring of the public procurement practices in Montenegro, introducing a less formal concept of monitoring, which is currently restricted to legal and regulatory compliance and emphasizes formal and administrative aspects of procurement. Analyzing and improving the system of procurement is entirely dependent on data available and the analysis of the data for gathering business intelligence and increase productivity of all entities in the system. To this end, guidelines and key performance indicators (KPIs) on how to improve the monitoring, auditing and reporting mechanisms will be introduced. This analysis will also include the benchmarking of the 2015 annual report by the PPA, where monitoring will be assessed in terms of compliance with proposed targets and changes verified up to this point
    DOI: 10.1596/28315
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    Afghanistan Unlocking the Potential of Horticulture : Discussion Note and Input to Agribusiness Jobs Charter (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Agricultural Study
    Series Statement: World Bank E-Library Archive
    Abstract: Afghanistan possesses a rich horticultural history, with a number of unique products, such as dried fruit, that are still renowned in various parts of the world. The period of conflict that has plagued Afghanistan for the past 40 years has, however, severely disrupted supply chains and markets for horticultural products and, in particular, hindered the ability of traders and producers to export products to high-value markets. The following sections provide an overview of the horticultural sector in Afghanistan and its various components. Section 1.1 describes the history and economic importance of horticulture in Afghanistan; section 1.2 describes the endowments and infrastructure that support the production and trade of horticultural crops in Afghanistan; section 1.3 presents an overview of the nature of horticultural inputs in Afghanistan and details methods for producing horticultural crops; section 1.4 describes the structure of post-harvest activities; section 1.5 reviews the processing and marketing of horticultural products in Afghanistan; section 1.6 presents and overview of the recent performance of the horticulture sector in Afghanistan; and section 1.7 describes recent and current policies and programs focusing on the horticulture sector in Afghanistan. The report is organized as follows: chapter one summarizes the recent literature on the horticulture sector; chapter two presents the results of the Survey undertaken for this report; and chapter three lists recommendations and next steps
    DOI: 10.1596/28326
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    Senegal Groundnut Value Chain Competitiveness and Prospects for Development (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Commodities Study
    Series Statement: World Bank E-Library Archive
    Abstract: The groundnut value chain is of major economic, social and political importance in Senegal. Most rural households grow the crop, and its transport, storage or processing is a key source of nonfarm employment in both formal and informal enterprises. Senegal's groundnut sector was originally developed by colonial authorities, using a monopoly over exports to control the domestic market. For groundnuts in Senegal, the French-owned oil processor was nationalized to form SONACOS in 1975, which proved increasingly costly to operate and was eventually privatized in 2005 to form SUNEOR in 2007. That too has suffered increasing losses and in January 2010 the government finally ended the monopoly system, allowing farmers to sell to competing firms for either direct export or processing. Despite turmoil in the groundnut processing sector, groundnut production itself remains a mainstay of the rural economy. This report builds on a number of previous studies to inform ongoing changes in the sector. Most notably, we build on the diagnostic analysis of the groundnut value chain that was conducted in 2014 (World Bank 2015) and addressed a set of key reform proposals. The focus of this report is detailed in its Terms of Reference (Annex 4)
    DOI: 10.1596/28399
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    Sri Lanka Development Update, June 2017 (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The Sri Lanka Development Update has two main aims. First, it reports on the key developments over the past six months in Sri Lanka's economy, and places these in a longer term and global context. Based on these developments, and on policy changes over the period, it updates the outlook for Sri Lanka's economy and social welfare. Second, the Update provides a more in-depth examination of selected economic and policy issues, and analysis of medium-term development challenges. It is intended for a wide audience, including policymakers, business leaders, financial market participants, and the community of analysts and professionals engaged in Sri Lanka's evolving economy
    DOI: 10.1596/27519
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    WASH Poor in a Water-Rich Country : A Diagnostic of Water, Sanitation, Hygiene, and Poverty in the Democratic Republic of Congo (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Series Statement: World Bank E-Library Archive
    Abstract: The Democratic Republic of Congo (DRC) is among the five poorest countries in the world, whether measured by poverty rate or number of poor. Political instability and rapid demographic growth "the second highest in Africa" have driven an increase in the total number of poor that puts extreme pressure on the country's derelict infrastructure. Access to improved water, sanitation, and hygiene (WASH) services is low, with particularly dramatic shortfalls among the poorest and rural dwellers, but a pervasive lack of truly safe services even among wealthier and urban households. Water contamination is common even among households with access to piped water in major urban areas, and nearly universal in the rural areas surveyed by this diagnostic. This contamination is making WASH a key contributing factor to a silent emergency that is placing DRC's poor and rapidly growing population at risk of permanent disconnect: widespread malnutrition. Malnutrition is especially common among DRC's children (43 percent in 2014) and has been shown to have irreversible negative effects on physical and cognitive development. This diagnostic analyses these trends and links them to institutional weaknesses in the WASH sector, in particular institutional fragmentation, weak capacity, and a bias toward specific institutions and services. Opportunities for improvement are analyzed and condensed into six clear messages that provide guidance on the way forward for the WASH sector in the DRC
    DOI: 10.1596/27320
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    Linking Up : Public-Private Partnerships in Power Transmission in Africa (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: The 'Linking up: Public-Private Partnerships in Power Transmission in Africa' report examines private sector-led investments in transmission globally and how this approach is applicable in sub-Saharan Africa. The private sector has invested over US
    DOI: 10.1596/27807
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  • 63
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    Dire Straits : The Crisis Surrounding Poverty, Conflict, and Water in the Republic of Yemen (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Water and Sanitation Program
    Series Statement: World Bank E-Library Archive
    Abstract: This report is part of a ...
    DOI: 10.1596/27531
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  • 64
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    The Toll of War : The Economic and Social Consequences of the Conflict in Syria (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: The Arab Spring protests marked the beginning of a new era in the Syrian Arab Republic in 2011. Minor public protests began almost immediately after the initial protests in Cairo in January 2011. The first large demonstrations began two months later in March, and the following months saw a process of escalation as demonstrations spread and increased in size within the country. By the summer of 2011, the armed conflict was already unfolding. Now in its sixth year, the Syrian conflict remains active and is bringing much pain and tragedy on a daily basis. This study provides an assessment of the conflict's impact on economic and social outcomes in Syria as of early 2017. The analysis focuses on taking stock of the effects of the conflict in four areas: (i) physical damage, (ii) loss of lives and demographic dispersion, (iii) economic outcomes, and (iv) human development outcomes
    DOI: 10.1596/27541
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  • 65
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    Fiscal Consolidation to Accelerate Growth and Support Inclusive Development : Ghana Public Expenditure Review (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Series Statement: World Bank E-Library Archive
    Abstract: Ghana has experienced an extended period of robust growth since the early 2000s, supported by a favorable external environment and large investment inflows, particularly in the extractive industries. In 2011, as the start of oil production drove a surge in per capita income, Ghana graduated from low-income to lower-middle-income status. Despite the key role of the extractive industries, recent growth has been relatively inclusive, and Ghana achieved its Millennium Development Goal of halving the poverty rate by 2015. However, macroeconomic conditions have deteriorated since 2012, giving rise to substantial domestic and external imbalances. Although external shocks have underscored Ghana's vulnerability to global commodity and financial markets, the recurring nature of its imbalances reflects deeper structural deficiencies in its macroeconomic policies and public financial management (PFM) framework. A heavy focus on commodity exports has accelerated Ghana's recent growth, but the country's economic outlook increasingly hinges on a narrow range of volatile commodity prices
    DOI: 10.1596/27558
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  • 66
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    Country Partnership Framework for the Republic of Moldova for the Period FY18-21 (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Partnership Frameworks
    Series Statement: World Bank E-Library Archive
    Abstract: The quest for an alternative development model that underlies Moldova's National Development Strategy (NDS), Moldova 2020, is a recognition that the two main drivers of economic growth and poverty reduction since the early 2000s are no longer sustainable. Growth was powered largely by consumption, and poverty reduction mainly by remittances and pensions. Since neither are expected to continue, future growth and poverty reduction will need to be driven increasingly by private sector-led job creation. Moreover, given the country's vulnerability to changes in external demand and weather shocks, due to its small size, open economy, and reliance on agriculture, Moldova's future development path will also need to include measures to renew and protect its human, physical, and social capital stock. Against this background, the main purpose of the FY18-21 Country Partnership Framework (CPF) is to support Moldova's transition towards a new, more sustainable and inclusive development and growth model. It is grounded in the NDS, takes into account outcomes of the FY14-17 Country Partnership Strategy (CPS), and incorporates the three topmost priorities of the recent Systematic Country Diagnostic (SCD), namely: (a) strengthening the rule of law and accountability in economic institutions; (b) improving inclusive access to and the efficiency and quality of public services; and (c) enhancing the quality and relevance of education and training for job-relevant skills. These three priorities define and inform the CPF's three focus areas: economic governance, service governance, and skills development, which are supplemented by climate change, a World Bank Group corporate priority, as a cross-cutting theme. The CPF incorporates key lessons learned during the last CPS, that political instability and governance challenges slow the pace of reform and that frequent personnel changes affect portfolio performance. Further, it assumes that the economic, political, and social stability experienced since January 2016 will continue at least until parliamentary elections in November 2018. Given that Moldova's post-election political orientation, policy environment, and stability are uncertain, only the first half of the CPF (FY18-19) is programmed. Activities for the second half (FY20-21) will be defined during the FY19 Performance and Learning Review (PLR)
    DOI: 10.1596/27565
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  • 67
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    Country Partnership Framework for the Federative Republic of Brazil for the Period FY18-FY23 (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Partnership Frameworks
    Series Statement: World Bank E-Library Archive
    Abstract: The country partnership framework (CPF) for Brazil covers the six-year period from FY18 to FY23.1 The CPF is aligned with the objectives of the country's development strategy as outlined in the Brazil growth strategy presented by the authorities and is rooted in the findings and recommendations of the World Bank Group (WBG) systematic country diagnostic (SCD) for Brazil, which contains an analysis of key constraints for inclusive and sustainable growth. The CPF supports the country in making further progress on the WBG twin goals of eliminating extreme poverty and boosting shared prosperity through a program that focuses on creating the conditions for faster job growth. The CPF reflects the priorities of the Brazilian authorities and the resources and capacity of the WBG to deliver against these priorities. The CPF is built around three focus areas: (i) fiscal consolidation and government effectiveness; (ii) private sector investment and productivity; and (iii) equitable and sustainable development. The CPF continues the strong focus on improved service delivery that was at the center of the previous strategy, including through the implementation of the large existing portfolio, but with a growing emphasis on new management models that promise to increase the efficiency and efficacy of the public sector in addition to safeguarding access for the poor
    DOI: 10.1596/27564
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  • 68
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    Country Partnership Framework for the Republic of Madagascar for the Period of FY17-FY21 (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Partnership Frameworks
    Series Statement: World Bank E-Library Archive
    Abstract: This Country Partnership Framework (CPF) sets out the World Bank Group's (WBG) strategy in Madagascar for the period of FY17-FY21. As the country has emerged from a political crisis, the CPF supports the Government's goal of generating a higher, inclusive and sustainable growth path to reduce poverty, as presented in its 2015-2019 National Development Plan (NDP). The expanded resources and the larger range of instruments available under IDA18 enable the WBG to support the Government in putting the country on a higher development trajectory, by investing at scale in a few areas that could unlock Madagascar's development. Success in achieving ambitious goals, such as doubling the rate of electricity access, will hinge on the authorities' ability to sustain reforms while addressing some of the causes of the country's cyclical instability. The program proposed under this CPF seeks to increase the resilience of the most vulnerable people and to promote inclusive growth, while strengthening national and local institutions so as to reduce fragility. Risks to achieving those objectives continue to be substantial and will require the WBG to adopt a flexible approach. First, the nascent rebound in economic growth has not yet been felt by a large majority of the population. The depth of poverty is also such that extreme climate events could quickly reverse the small gains achieved since 2014 and fuel social tensions. Second, presidential elections are expected to take place in late 2018. They could generate a slowdown in the adoption of reforms and lead to a rise in political tensions. Recent crises have occurred around elections and thus the possibility of another crisis cannot be excluded. Finally, it remains to be seen if the Government will be able to address the roots of the country's fragility and change the bargain between the elites and the rest of the population, including by creating a more level playing field for the private sector. These risks will require the WBG to monitor closely the country context and be ready to adapt its approach throughout the CPF period
    DOI: 10.1596/27568
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  • 69
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    Country Partnership Framework for Mauritius for the Period of FY17-FY21 (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Partnership Frameworks
    Series Statement: World Bank E-Library Archive
    Abstract: The Country Partnership Framework (CPF) for Mauritius covers FY17-21. The previous Country Partnership Strategy (CPS) was originally intended to cover FY07-13 but was extended through FY15 at the time of the CPS Progress Report. The CPF is informed by the Systematic Country Diagnostic (SCD) that was circulated to the Board in July 2015. Elections in December 2014 led to the formation of a new Government and this CPF is aligned strategically with the Government Programme 2015-2019, Achieving Meaningful Change, that was presented to Parliament on January 27, 2015. The CPF seeks to maximize over a five-year period the comparative advantages of the World Bank Group (WBG), through packages of innovative public and private financing options based on cutting edge global knowledge and experience. The CPS provided strategic support around the Government of Mauritius' (GoM) four pillars of reform : (i) fiscal consolidation and improving public sector efficiency; (ii) improving trade competitiveness; (iii) improving the business climate; and (iv) democratizing the economy through participation, inclusion and sustainability. The report evaluates the achievements of CPS program outcomes as laid out in the results matrix; assesses the WBG's performance in designing and implementing the CPS program, and draws lessons for the preparation of the forthcoming Country Partnership Framework (CPF). The CPS pillars were relevant and well aligned in addressing Government priorities and country needs. Flexibility in the design of the strategy facilitated rapid response to changing needs and the Bank was able to respond promptly and effectively to unexpected events such as the triple trade shocks, global financial crisis and political transition
    DOI: 10.1596/27566
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  • 70
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    Europe and Central Asia Economic Update, May 2017 : Trade in Transition in Europe and Central Asia (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Europe and Central Asia Economic Update
    Series Statement: World Bank E-Library Archive
    Abstract: Trade played a pivotal role during the transition of many. countries in Europe and Central Asia to market economies. It forced a more efficient use of resourced and supported adoption of new technologies. Going forward, trade will again be crucial as countries adjust to new specialization patterns in the world. The adjustment requires not merely tweaking of trade policies, but rather a rethinking of how labor markets and capital markets are organized
    DOI: 10.1596/26497
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  • 71
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    The Performance of Palestinian Local Governments : An Assessment of Service Delivery Outcomes and Performance Drivers in West Bank and Gaza (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Institutional and Governance Review
    Series Statement: World Bank E-Library Archive
    Abstract: Palestinian local governments represent a key pillar of the future Palestinian state. Predating the Palestinian Authority, many have long and proud histories, including some of the oldest inhabited cities in the world. With increasing political and geographical fragmentation over the last two decades, Local Government Units (LGUs) have become of paramount importance regarding the provision of services to the local population, particularly in areas where the relatively young central government is politically, geographically, and fiscally constrained. Some existing LGUs were created as early as the second half of the 19th century, and over the decades, they have performed under the complexities of disparate political and legal regimes. As the lowest level of governance, Palestinian local authorities fulfill a critical role, not only as a key public service provider but also as the government tier closest to citizens, with elected councils critical for representation and accountability to citizens. The most recent local elections were on May 13, 3017, and in October 2012, only in the West Bank; following the most recent local elections in both the West Bank and Gaza in 2006. Strengthening LGUs and enabling them to perform as fully functional local governments accountable to citizens are key priorities for the Palestinian Authority
    DOI: 10.1596/27518
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  • 72
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    Enhancing Urban Resilience in the Greater Accra Metropolitan Area (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Urban Study
    Series Statement: World Bank E-Library Archive
    Abstract: The Greater Accra Metropolitan Area (GAMA) is one of the fastest-growing city regions in West Africa. GAMA is exposed to recurrent shocks and stresses on top of numerous developmental challenges and climate change issues that threaten development gains. The deadly floods of June 2015 are a reminder that creating a resilient and inclusive city must be a priority at all government levels. This report summarizes the outcomes of the process and outlines the recommendations that were identified jointly by national and local stakeholders in Ghana and World Bank specialists. Furthermore, the report provides evidence that can be leveraged by the government to request further support from the World Bank and other development partners to implement follow-up actions. The overarching message of this report is that actions are needed now to better manage and mitigate the risks and exposure of Accra to climate change and the associated shocks and stresses, gravely affecting the economy, key sectors, and the lives of households and families. Without any action, Accra remains exposed to significant and recurrent hazards, with a risk of diminishing the development gains made over the last decades. Therefore, as government moves forward to take action on this challenge, this report provides a concrete and detailed forward-looking strategy that may guide and inform policy and budget decisions, and thus eventually leading to a thriving, inclusive and more resilient Greater Accra Metropolitan Area
    DOI: 10.1596/27516
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  • 73
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    Myanmar Report on Observance of Standards and Codes : Accounting and Auditing Module (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Accounting and Auditing Assessment
    Series Statement: World Bank E-Library Archive
    Abstract: Since launching fundamental political and economic reforms in 2011, Myanmar has been undergoing a major transformation aimed at increasing openness, empowerment and inclusion. The economic transition has witnessed an acceleration in growth, buoyed by improved macroeconomic management, increased gas production and exports, and stronger performance in the non-gas sectors as the economy opened up. Medium-term economic growth is projected to average 7.1 percent per year. The new Government's economic objectives envisage Myanmar's economy becoming more competitive and with the ability to attract increased foreign direct investment. The objectives include the development of an integrated capital market and a modern financial sector. A fundamental foundation for any market-based economy is high quality financial reporting and auditing practices. This plays a vital role in promoting improved transparency and accountability thereby ensuring a level playing field and promoting investor confidence. The Reports on the Observance of Standards and Codes (ROSC) are a joint World Bank and International Monetary Fund (IMF) initiative that helps member countries strengthen their financial systems by improving compliance with internationally recognized standards and codes. The ROSC was developed in the wake of the financial crisis of the late 1990s as part of a series of measures to strengthen the international financial architecture. The global financial community believed the implementation of internationally recognized standards and codes will provide a framework to strengthen domestic institutions, identify potential vulnerabilities, and improve transparency
    DOI: 10.1596/27144
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  • 74
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    Country Partnership Framework for the Lao People's Democratic Republic for the Period FY2017-FY2021 (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Partnership Frameworks
    Series Statement: World Bank E-Library Archive
    Abstract: This document presents the World Bank Group (WBG) Country Partnership Framework (CPF) withthe Lao People's Democratic Republic (Lao PDR) for 2017-2021. The WBG CPF aims at supportingLasting Accessible Opportunities for all including sustained green growth, improved access to humanand infrastructure services, and opportunities for all. The previous Country Partnership Strategy (CPS)2012-2016 built a solid foundation and a strong relationship with the Government of Lao PDR (GOL). The CPF supports the GOL's 8th National Socio-Economic Development Plan (NSEDP) for2016-2020. The 8th NSEDP introduces policies intended to put Lao PDR on a path to reduce povertyand promote shared prosperity in a sustainable manner, based on green growth principles. Lao PDR'sdevelopment has advanced greatly in the last two decades, although significant challenges remain.Incomes have risen, poverty has declined, access to several key public services has improved and asa result Lao PDR met a number of its Millennium Development Goals. With GDP growth averaging8 percent per year since 2000, Lao PDR today is a lower-middle income country with a GNI percapita of around US
    DOI: 10.1596/27147
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  • 75
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    Country Partnership Framework for Belize for the Period FY18-22 (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Partnership Frameworks
    Series Statement: World Bank E-Library Archive
    Abstract: The Country Partnership Framework (CPF) for Belize covers the period from July 1, 2017 to June 30, 2022 (FY18-22). It presents the World Bank Group's (WBG) program and the anticipated results framework. It builds on the results and lessons of Belize's first Country Partnership Strategy (CPS) that covered the period FY12-15. This CPF is well aligned with the Government's long-term development vision, Horizon 2030: National Development Framework 2010-2030, and the thematic priorities emerging from the 2016 Belize Systematic Country Diagnostic (SCD). The overarching goal of the proposed CPF is to support Belize in strengthening its economic resilience. Recognizing the special characteristics of a small state with associated capacity and absorptive constraints, the CPF proposes a consolidated and focused program. This will be the second full strategy for Belize, with the engagement still maturing, and it factors in lessons from the implementation of the first strategy. Therefore, the CPF will retain flexibility in some elements of the engagement that will be further defined with the Government during implementation. The Performance and Learning Review (PLR) at mid-point will incorporate necessary adjustments including in the Results Framework. The CPF is organized around two focus areas: (a) fostering climate resilience and environmental sustainability; and (b) promoting Financial Inclusion and social resilience. To support these focus areas, the CPF envisages the implementation of a program that could reach up to US
    DOI: 10.1596/27145
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  • 76
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    East Asia and Pacific Economic Update, April 2017 : Sustaining Resilience (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank East Asia and Pacific Economic Update
    Series Statement: World Bank E-Library Archive
    Abstract: The region's growth outlook for 2017-19 remains broadly positive. China's growth moderation and rebalancing are expected to continue. In the region's other large developing economies, growth is projected to pick up slightly. Poverty has continued to decline in most countries and is projected to fall further. Global and regional vulnerabilities place a premium on macroeconomic prudence. Mobilizing additional revenues will create space for measures to support growth and foster inclusion. Some smaller commodity-exporting economies need to focus on lowering threats to fiscal solvency. Much of the region may need to adjust accommodative monetary policies. In China, reforms of the corporate sector, including restructuring of SOEs, and measures to bring credit growth under control are critical to reducing vulnerabilities. Elsewhere in the region, improvements in financial supervision and prudential regulation will be required. Developing EAP economies could benefit significantly from improving the quality of public spending, deepening regional integration, and reducing the agricultural sector's increasingly adverse environmental footprint
    DOI: 10.1596/26332
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  • 77
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    Learning from Disaster Simulation Drills in Japan (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: Large-scale natural disasters are a frequent and common occurrence in Japan. Over the years, Japan has evolved its disaster management system to address all phases of a disaster: from disaster prevention, mitigation, and preparedness, to emergency response, recovery, and rehabilitation. This report consists of four parts: Introduction (Chapter 1, 2, 3), Simulation drills (Chapter 4, 5, 6, 7), Community based activities for disaster awareness and risk communication (Chapter 8, 9), and Conclusion (Chapter 10). The introduction (Chapter 1) starts with an overview of the institutional and legislative frameworks for Disaster Management in Japan (Chapter 2), followed by an overview of disaster simulation drills in Japan, particularly focusing on the Comprehensive Disaster Management Drill Framework, which is an overarching framework for both national and local governments (Chapter 3). The following four chapters present examples of simulation drills organized at the national and regional level, including the National Scope (Chapter 4), and overviews of three prefectures: Hyogo (Chapter 5), Shizuoka (Chapter 6) and Tokyo (Chapter 7). The next part of the report introduces a number of community level activities aimed at increasing residents' disaster awareness and preparedness. These activities are led by various actors, including: a school, an NGO or CSO, and a learning center (Chapter 8). Risk communication activities in Kobe city are introduced (Chapter 9). Finally, the conclusion (Chapter 10) outlines common challenges and offers tips for the planning and implementation of disaster drills in addition to other disaster awareness or preparedness activities. This report was developed to introduce Japanese disaster simulation drills as a model to help other countries plan and implement disaster simulation drill exercises
    DOI: 10.1596/26708
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  • 78
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    Malawi Economic Monitor, May 2017 : Harnessing the Urban Economy (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The Malawi Economic Monitor (MEM) provides an analysis of economic and structural development issues in Malawi. This edition of the MEM was published in May 2017. It follows on from the four previous editions of the MEM, and is part of an ongoing series, with future editions to follow twice per year. The aim of the publication is to foster better-informed policy analysis and debate regarding the key challenges that Malawi faces in its endeavors to achieve high rates of stable, inclusive and sustainable economic growth. The MEM consists of two parts: Part 1 presents a review of recent economic developments and a macroeconomic outlook. Part 2 focuses in greater depth on a special, selected topic relevant to Malawi's development prospects
    DOI: 10.1596/26763
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  • 79
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    Gender and Agricultural Risk : A Gendered Approach to Agricultural Risk Assessments and Management Strategies (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: The objective of this paper is to develop an approach for integrating a gender dimension into Agricultural Sector Risk Assessments (ASRAs). The focus is on the approach because both agricultural risk and gender issues are contextual, thus the outcomes of a gender-based risk assessment are highly dependent on the social, cultural, geo-graphic, and economic contexts of the setting in which the assessment is applied. The organization of the paper reflects the challenges of incorporating a gender dimension into ASRAs. The conceptual framework and step-by-step illustrations presented herein are based on lessons learned by the World Bank and other institutions in assisting developing economies in conducting sector and key commodity supply chain risk assessments (World Bank 2015a). The paper also relies on recent work by international institutions and academic research that offer insights into the complexities of gender issues in relation to agricultural shocks. These experiences inform this paper's case for a gender-based approach to Agriculture Risk Management (ARM) and help to illustrate a practical, stepwise approach for conducting gender-based ASRAs. This paper is arranged as follows: Chapter 2 offers a summary of the conceptual framework for risk management, including addressing why a gendered approach to ASRAs is essential; Chapter 3 shows the available evidence that agricultural risk has a gender-differentiated impact on farming households and that farming households adopt a gender-differentiated response to risk; Chapter 4 describes a step-by-step operational approach for doing so, and includes guidance for formulating gender-smart policies and strategies for strengthening agricultural systems' resilience; and Chapter 5 presents a summary of findings and concluding remarks
    DOI: 10.1596/26398
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  • 80
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    Analyzing Fiscal Space Options for Health in Zimbabwe (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Health Study
    Series Statement: World Bank E-Library Archive
    Abstract: The fiscal space analysis for the health sector in Zimbabwe is timely and the need for such analysis has been strongly expressed by the government and its development partners. This imperative is Justified on multiple grounds. As the country is hit by an economic crisis resulting in lower revenues and cuts in expenditures, Understanding the consequences and assessing coping strategies for the health sector is critical. As the Country engages in The implementation of its new health sector strategy which sets ambitious targets in terms of Health outcomes towards Universal Health Coverage, it Is also critical to explore ways to increase resources for the sector, Even in A constrained macro-fiscal environment. The fiscal space analysis also highlights the major sources of inefficiencies to identify areas for improvement to increase the value for money in the sector. Overall, the fiscal space analysis aims to generate evidence to inform MOFED and MOHCC on short-term and medium-term options to generate resources for the health sector. It will provide evidence for government partner consultations on short-term options and choices in light of declining public financing for health and a difficult economic growth outlook
    DOI: 10.1596/26410
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  • 81
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    Impact of the Libya Crisis on the Tunisian Economy (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Foreign Trade, Foreign Direct Investment, and Capital Flows Study
    Series Statement: World Bank E-Library Archive
    Abstract: This study assesses the main spillover effects of the Libyan crisis on the Tunisian economy and estimates the crisis' overall social welfare and fiscal impacts on Tunisia. The authors consider four main effects on Tunisia: (i) the increased presence of Libyans in Tunisia (both short- and long-term), and the return of Tunisian workers from Libya; (ii) the level and dynamics of illicit informal trade and informal cash flows between the two countries; (iii) the deterioration of civil security in the region and its effects on private investment and tourism; and (iv) the increase in the Tunisian government's security spending. The chapter is organized as follows. Section one describes the objectives of the investigation and methodology. Section two estimates the number of Libyans living in Tunisia (temporary and permanent) and their demographic characteristics. Section three analyzes the living conditions of Libyan households in Tunisia and provides an estimate of their poverty level. Section four analyzes the shocks to Libyan households, and those households' adaptations and resilience in response to shocks. Section five discusses the migratory decisions of Libyan households, in particular their preference to either return to Libya or remain permanently in Tunisia
    DOI: 10.1596/26407
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  • 82
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    Pre-Primary Education in Mongolia : Access, Quality of Service Delivery, and Child Development Outcomes (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Education Study
    Series Statement: World Bank E-Library Archive
    Abstract: Sustaining in recent years expenditure on early childhood education (ECE) at over a fifth of its education budget, Mongolia is a relatively high spender on pre-primary education. This report examines structural and process aspects of quality in Mongolian kindergartens, along with early development outcomes among children enrolled in these kindergartens, to assess the effectiveness and equity of the country's public investments in ECE. The analysis shows that while the last decade saw tremendous progress in improving access to preschool overall, the most disadvantaged and vulnerable are still excluded from the system. Further, an assessment of child development outcomes shows that even after significant exposure to formal preschool services in the public sector, socioeconomic gaps in outcomes remain large. At the same time, potential areas where relatively low-cost investments could reap significant gains remain unexploited. Key among these is use of home- or community-based ECE interventions that could improve school preparedness among children in rural areas not enrolled in preschools. Another is the potential for an expanded role for the private sector in urban areas
    DOI: 10.1596/26402
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  • 83
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    Armenia Country Gender Assessment, 2016 : The State of Gender Equality in Armenia (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Gender Assessment
    Series Statement: World Bank E-Library Archive
    Abstract: Despite economic progress over the last decade, disparities between women and men remain salient in Armenia, especially in dimensions that are powerfully influenced by social norms. In domains like education and health, gender equality in outcomes in Armenia are broadly comparable with those in Europe and Central Asia and better than those of lower-middle-income countries globally. However, barriers to women's access to economic opportunities persist and gender inequalities are manifest in demographic imbalances, and under-representation in leadership roles. Concerted policy efforts are required to close gender gaps that hamper growth of the overall economy
    DOI: 10.1596/26267
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  • 84
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    The Costs of Irrigation Inefficiency in Tajikistan (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Agricultural Study
    Series Statement: World Bank E-Library Archive
    Abstract: The Aral Sea Basin consists of the drainage area of two major rivers, the Amu Darya and the Syr Darya. The rivers originate in the Tien Shan Mountains and the Pamirs, and run through Afghanistan, Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan. An estimated 116 k
    DOI: 10.1596/26031
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  • 85
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    Financial Sector Assessment : Morocco (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Financial Sector Assessment Program
    Series Statement: World Bank E-Library Archive
    Abstract: A joint International Monetary Fund (IMF)-World Bank mission visited Rabat and Casablanca in 2015, to assess the soundness and resilience of the banking system, the state of play in financial inclusion and infrastructure, the oversight frameworks for banking, capital markets and financial market infrastructures, crisis preparedness, and update the findings of the Financial Sector Assessment Program (FSAP) conducted in 2007. This report summarizes the main findings of the mission, identifies key financial sector vulnerabilities, and provides policy recommendations. This report should be read in conjunction with the Financial Sector Stability Assessment of the IMF available at https://www.imf.org/external/country/mar/index.htm
    DOI: 10.1596/26016
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  • 86
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    Indonesia Economic Quarterly, January 2017 : Sustaining Reform Momentum (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Keywords: 2017 ; Wirtschaftslage ; Wirtschaftsindikator ; Wirtschaftsprognose ; Indonesien
    Abstract: This Indonesia Economic Quarterly (IEQ) reports on the key developments over the past three months in Indonesia's economy as on January 2017. The return of global policy uncertainty and financial market volatility represent risks to Indonesia's growth outlook. However, Indonesia's recent economic performance and policy reforms can help weather these risks. Gross domestic product (GDP) growth eased in third quarter as government consumption fell. The current account deficit narrowed and direct investment was strong in third quarter. Domestic financial conditions remain robust despite recent global headwinds. Fiscal policy credibility was enhanced through expenditure cuts in 2016 and more realistic revenue targets in the approved 2017 Budget. Baseline projections for real GDP growth remain at 5.1 percent for 2016 and 5.3 percent in 2017. Improving the quality of public spending is critical for Indonesia to achieve its development goals in the short to medium term. Student-centered teaching practices result in better student learning outcomes
    DOI: 10.1596/25970
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  • 87
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    Discrimination Against Sexual Minorities in Education and Housing : Evidence from Two Field Experiments in Serbia (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Law and Justice Study
    Abstract: Discrimination against lesbian, gay, bisexual, transgender and intersex (LGBTI) people is widespread and LGBTI exclusion from economic markets, vital services and political spaces is entrenched. This is not just a personal problem, it is a development challenge; not only because discrimination is inherently unjust, but also because "there are substantial costs - social, political, and economic - to not addressing the exclusion of entire groups of people." Understanding the barriers LGBTI people face in accessing markets, services, and spaces is important for designing more inclusive policies and programs
    DOI: 10.1596/29750
    URL: Deutschlandweit zugänglich
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  • 88
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    South Asia Economic Focus, Fall 2017 : Growth Out of the Blue (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: South Asia Economic Focus
    Series Statement: World Bank E-Library Archive
    Abstract: For eight consecutive quarters South Asia was the fastest-growing region in the world but not anymore. Despite benign global conditions, regional growth has slowed down. This trend is the result of a deceleration in India, the region's powerhouse. Short-term disruptions related to the introduction of the landmark Goods and Services Tax can explain the steep decline observed in the last quarter, but the deceleration has been going on for more than one year. Over this period imports increased sharply while private investment declined. Behind these trends lies a combination of large public sector borrowing (especially by the states), relatively sticky interest rates despite decreasing inflation, and an increasingly stressed financial sector. While growth has slightly accelerated elsewhere in the region, concerns remain. Bangladesh has seen an increase in financial sector risks and in Pakistan macroeconomic discipline has weakened. At 6.7 percent, growth is projected to remain strong in South Asia in 2017, albeit slightly lower than forecast in June. The growth rate is expected to stabilize around 7 percent over the medium term. Consumption should remain strong and private investment should regain momentum thanks to ongoing support from infrastructure development and economic reforms. Measuring GDP is especially challenging in developing countries, where the informal sector is large and institutional constraints can be severe. As a result, GDP growth estimates are often met with skepticism. But new technologies offer an opportunity to improve matters. Luminosity observed from satellites has been shown to be a good proxy for economic activity, and methodologies have been developed in recent years to predict GDP over time and across space based on nightlight intensity. In South Asia's case, GDP predicted using these methodologies closely tracks National Accounts GDP at the aggregate level, and provides a granular picture of GDP at subnational levels. Nightlight intensity also yields new insights on recent economic developments
    DOI: 10.1596/28397
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  • 89
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    World Bank East Asia and Pacific Economic Update, October 2017Balancing Act (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank East Asia and Pacific Economic Update
    Series Statement: World Bank E-Library Archive
    Abstract: The economic outlook for the developing EAP region remains positive, and will benefit from an improved external environment as well as strong domestic demand. The growth of regional GDP excluding China is forecast to accelerate in 2018, while China's GDP growth is expected to decline in 2018 and 2019, although remain higher than most countries in the region. Poverty is projected to continue its long-term decline. Major downside risks include financial sector vulnerabilities, large fiscal imbalances, and the possible escalation of geopolitical tensions. The improved outlook for global growth provides a window of opportunity for developing EAP to continue to reduce key vulnerabilities and strengthen the foundations for sustained and inclusive growth in the medium term. The region could also benefit from further developing tourism sectors and deepening of regional integration, to offset the emerging global protectionism. And policies to ensure inclusive growth should involve ensuring economic mobility and security for all, going beyond the primary focus on reducing poverty
    DOI: 10.1596/28396
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  • 90
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    Ebbs and Flows : Analyzing Gender and Social Inclusion Issues in India's Urban Water Supply and Sanitation Sector (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Water and Sanitation Program
    Series Statement: World Bank E-Library Archive
    Abstract: Cities in the developing world are witnessing unprecedented growth rates. It is expected that 70 percent of the global population will live in cities by 2050. In urban areas, as in rural areas, women and girls are often the primary users, providers, and managers of water in their household, and are the guardians of household hygiene and health. In spaces of urban poverty, such as slums, women and girls experience multiple deprivations that arise from insecurity of land tenure, informal access mechanisms, over- crowding, and the various stresses of urban life. The water supply and sanitation sector, is the juncture at which broader goals of poverty alleviation, social development, gender equality, and sustainable urban development converge. How issues of gender and urban poverty can be addressed comprehensively in the design and implementation of urban water supply and sanitation (UWSS) programs is not yet well understood. In order to address these gaps in knowledge, the World Bank commissioned a study to analyze UWSS issues among the urban poor through a gender and social exclusion lens. Using India, with its burgeoning population and growing number of urban poor, as the context, this study assesses how women, girls, and socially excluded groups are impacted by poor access to water supply and sanitation and how they can be engaged in the design and management of water supply and sanitation programs. It is expected that the findings from this study will inform Government of India's policies in this sector and assist in the design of future World Bank-supported UWSS projects
    DOI: 10.1596/28487
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  • 91
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    South Sudan Economic Update, 2017 : Taming the Tides of High Inflation (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The Republic of South Sudan emerged in 2011 from decades of conflict as the world's newest independent country, with huge state and peace building challenges, and extreme institutional and socio-economic deficits.By August 2016, South Sudan displayed all the signs of macroeconomic collapse,with output contracting, and inflation and parallel exchange market premium spiraling.The fiscal deficit remained high, although its exact magnitude is difficult to estimate given the lack of real time data.The financing situation is dire. Monetization of the fiscal deficit explains to a large extent the high inflation, although there are some indications that borrowing from theBank of South Sudan had been limited in recent months.The current account deficit is estimated to have narrowed to about 1.6 percent in FY2016/17 from about 6.1 percent of GDP in FY2015/16.The South Sudanese Pound (SSP) continued to depreciate.Restoring peace, including reform of the security sector, followed by efforts to rein in public sector borrowing to levels that avoid printing money are necessary preconditions for any stabilization program.The FY17/18 National Budget aims to restore macroeconomic stability, but lacks credibility.Even if the economy showed some recovery starting in 2018, projections suggest that poverty will continue to rise through 2019 as economic growth is likely to be surpassed by population growth
    DOI: 10.1596/28560
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  • 92
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    Analysis of INDC Land-Use TargetsBrazil's INDC Restoration and Reforestation Target (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Series Statement: World Bank E-Library Archive
    Abstract: Brazil has 12 percent of the global forest area, being the second largest forest area in the world (4,935,380 km2).Robust efforts by multiple government agencies have contributed to the reduction of annual deforestation rates in the Amazon by nearly 80 percent since 2004, to the lowest levels recorded since annual recordkeeping began in the late 1980s.The Native Vegetation Protection Law (NVPL), or Forest Code, created in 1934 and last modified in 2012, was established to protect natural vegetation in forest and non-forest biomes, conserve biological diversity, protect water resources, and prevent soil erosion on private lands. The law established Areas of Permanent Protection (APP), and stipulates a minimum proportion of native vegetation to be conserved as a Legal Reserve. APPs are mandatory on hilltops, steep slopes, coastal shrublands, mangroves, wetlands, around springs, and along watercourses and reservoirs.The legal mandate to reforest or recover natural non-forest vegetation in Brazil is closely aligned with several international conventions and commitments focusing on biodiversity conservation and climate change mitigation, especially the Aichi Target 15 of the UN Convention on Biological Diversity (UNCBD),and national climate mitigation commitments under the UN Framework Convention on Climate Change (UNFCCC). Land-use targets are an important component of Brazil's Intended Nationally Determined Contributions (INDC) under the recent (2015) Paris agreement under the UNFCCC.Recovery of forest vegetation provides many social, economic, and environmental benefits, even if all of the qualities and components of the original forests are ultimately not restored.A major economic benefit of forest restoration is the development of supply chains for tree-planting activities and plantation maintenance, which generates employment and business opportunities.Forest restoration also provides increased protection (insurance) against flooding, landslides and other extreme climate events, with incalculable benefits for human life and wellbeing
    DOI: 10.1596/28588
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  • 93
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    Bulgaria Housing Sector Assessment (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Urban Study
    Series Statement: World Bank E-Library Archive
    Abstract: Bulgaria's housing sector provides a window into the broader issues of the country's social, and economic transformation. This process has been difficult, and, as was the case in many transition countries, one of the main problem areas has been the housing sector. While the government has played an active role in reforming the housing sector since 2004, and continued with initiatives to improve energy efficiency in residential buildings, new sectoral problems have emerged. Vacancy rates are extremely high, affordability concerns have intensified, and household mobility is one of the lowest among transition countries. As a result, the government is about to embark on a housing strategy, one that seeks to address the emerging issues with a particular emphasis on how this sector's functioning interacts with and affects the broader economy. This rapid assessment of Bulgaria's housing sector attempts to inform the country's forthcoming strategy. It brings together information on how the sector has performed, and relies upon the international experience, and particularly the experience of other transition economies, to set the stage for the prospective Strategy's deeper probe. Bulgaria followed a Soviet style planning approach that created one of the world's most over industrialized economies. In following this approach, it expanded many cities to service what are now bankrupt heavy industries. The result is that today the employment prospects in many locations remain dim, particularly where state-owned factories of the old regime have closed. This has resulted in massive population shifts, with some villages and towns facing complete abandonment. The country has a large ageing population, and is also experiencing one of the world's sharpest reductions in population. Population has declined by almost 20 percent since 1989, and this trend is likely to intensify over the next two decades
    DOI: 10.1596/28563
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  • 94
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    Standing Out from the HerdAn Economic Assessment of Tourism in Kenya (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Rural Study
    Series Statement: World Bank E-Library Archive
    Abstract: In recent years, the prospects of Kenya's tourism industry have been clouded by a perfect storm of misfortunes - insecurity, growing global competition, and unsustainable tourism development. It is in this context that the potential and actual contribution of the tourism sector to the country's development has been questioned, with claims that tourism contributes less to the Kenyan economy than commonly thought. This report is arranged as follows: Chapter 1 identifies linkages with sectors that provide inputs into tourism as well as sectors that benefit from the boost in demand generated by the industry (termed the backward and forward linkages respectively). The results in Chapter 2 indicate that the effects on the economy depend on the cross-sectoral linkages. Hence, impacts on the economy differ depending on whether they emanate from changes in foreign tourist arrivals, changes in domestic tourist demand, oil price shocks, or foreign exchange shocks. Chapter 3 attempts to explore how long-term growth and poverty rates are affected with investments in the different segments of the tourism industry. Finally, recognizing that growth in the sector is dependent upon sustainable resource use, Chapter 4 contributes to the analysis of alternative policy strategies by investigating policies for the allocation of water. This is a highly relevant, though much neglected issue as Kenya is amongst the most water scarce countries in Africa and also has a highly water intensive economy (when measured in per capita availability, Kenya is more water scarce than land, and projections suggest the former will get worse faster). The Computable General Equilibrium (CGE) model is also used to examine the growth consequences of reallocating water from the highly water-dependent tourism industry to other sectors of the economy
    DOI: 10.1596/28577
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  • 95
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    Country Partnership Framework for the Republic of Turkey for the Period FY18-FY21 (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Partnership Frameworks
    Series Statement: World Bank E-Library Archive
    Abstract: This Country Partnership Framework (CPF) for Turkey covers the period FY18-21. It is aligned with the objectives of Turkey's 10th Development Plan and is based on the findings of a World Bank Group (WBG) Systematic Country Diagnostic (SCD) that was finalized in February 2017. The CPF aims to help Turkey to achieve its development objectives through building on the foundations of the existing program and consolidating gains in key areas where the WBG is already active, as well as developing the program further in areas which target the WBG twin goals of reducing extreme poverty and boosting shared prosperity. The CPF puts forward a flexible approach for the WBG's program that is appropriate for a middle-income country of Turkey's size and takes account of the evolving country and regional situation
    DOI: 10.1596/28390
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  • 96
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    Bangladesh Development Update, September 2017 : Towards More, Better, and Inclusive Jobs (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The objective of this report is to share perspectives with the Government of Bangladesh, think tanks and researchers, the public as well as the Bank's senior management on the state of the economy, outlook, risks, progress on structural policy reforms, and key challenges the economy is currently facing. The coverage includes developments in the real sector focusing on poverty, growth, and inflation; external sector developments focusing on the balance of payments, foreign exchange reserves and the exchange rate; fiscal developments focusing on revenue mobilization, public expenditures, and deficit financing; financial sector developments focusing on credit and interest rates; and monetary developments. This update also assesses the progress in Bangladesh's labor markets and concludes with an exposition of the policy challenges that need to be addressed to accelerate the creation of quality jobs
    DOI: 10.1596/28438
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  • 97
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    Somali Poverty Profile 2016 : Findings from Wave 1 of the Somali High Frequency Survey (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Series Statement: World Bank E-Library Archive
    Abstract: Somalia is emerging from 25 years of political instability and economic difficulty but hard data islacking for evidence-based planning. The civil war and ongoing conflict that started in 1991 fragmented the country, undermined political institutions, and created widespread vulnerability. The conflict has eroded the statistical infrastructure and capacity, leaving policy makers and donors to operate in a statistical vacuum due to the lack of reliable data. In the absence of representative household surveys not much was known about poverty. The lack of information poses a threat to the design and implementation of policies and programs needed to support economic resilience and development as well as assistance in the event of shocks
    DOI: 10.1596/28470
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  • 98
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    Republic of Indonesia Financial Sector Assessment (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Financial Sector Assessment Program
    Series Statement: World Bank E-Library Archive
    Abstract: Indonesia has exhibited strong macroeconomic performance, but developmental needs remain significant. To raise the living standards of a large population dispersed over thousands of islands, Indonesia must address several key challenges, including a sizeable infrastructure gap, relatively low productivity, and rising inequality. The authorities recognize that the financial sector needs to play a central role in overcoming such challenges. The authorities have been pursuing an ambitious agenda to promote financial sector deepening and to strengthen financial oversight and crisis management. Despite substantial progress since the last FSAP, the financial sector is not yet sufficiently able to fund development needs or boost inclusive economic growth. To promote sustainable financial sector deepening and inclusion, the authorities could consider a more coordinated, cross-cutting approach by addressing root causes. To promote inclusive economic growth and strengthen financial markets, the authorities pursue a diverse policy mix which includes: expansion of the KUR credit guarantee program with an interest subsidy add-on; a deposit interest rate ceiling; requirements for non-bank financial institutions to hold debt issued by the government and state-owned enterprises; and moral suasion to lower bank lending rates. However, these measures may not prove effective in achieving sustainably higher growth and financial deepening
    DOI: 10.1596/28391
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  • 99
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    Pipe(d) Dreams : Water Supply, Sanitation, and Hygiene Progress and Remaining Challenges in Ecuador (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Series Statement: World Bank E-Library Archive
    Abstract: The document summarizes an extensive body of research conducted to assess the extent and quality of water supply, sanitation, and hygiene (WASH) services geographically and over the income distribution using a variety of techniques and data sources; the interaction between WASH outcomes and health, especially nutrition; and the institutional barriers as well as opportunities to reduce the gaps in improved access to WASH between rural and urban areas in Ecuador
    DOI: 10.1596/28223
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  • 100
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    Mozambique Economic Update, July 2017 : A Two Speed Economy (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The third edition of the Mozambique Economic Update comes at a time when the economy is beginning to show some signs of recovery in 2017. But as extractives and other large industries drive the recent developments, whilst small and medium enterprises lag behind, Mozambique is increasingly showing the signs of being "A two-speed economy". Reestablishing macroeconomic stability through a more balanced mix of fiscal and monetary policy is a priority for private sector growth. Slowly easing inflation and lower credit levels suggest that the monetary policy cycle could begin to loosen as the economy continues to adjust. However, making this transition smoothly will require a sharper fiscal policy response to restore the health of Mozambique's public finances
    DOI: 10.1596/28266
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