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  • 2015-2019  (4,572)
  • 1930-1934
  • Washington, D.C : The World Bank  (4,572)
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  • 1
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Independent Evaluation Group Studies
    Abstract: This evaluation reviews how well the World Bank's operating model has enabled knowledge flow and enhanced collaboration to deliver integrated solutions. The evaluation also looks at the incentives and behaviors the model inculcates. Evidence comes from both sides of the matrix.The evaluation finds that certain aspects of the operating model have shown value, especially its enabling of global knowledge flow. This is the effect of setting up GPs that operate more globally than before and GTs that provide useful strategic directions and coherence to cross-cutting priorities. The World Bank is able to provide integrated solutions addressing clients' important development problems because of the leadership of Country Directors supported by Program Leaders.However, evidence from the early years of implementing the model indicates that its structure and processes tend to inhibit collaboration and cause inefficiency, fragmentation, and internal competition. The interface between GPs and Regions has weakened. Some GPs lack coherent and systematic approaches to managing and investing in knowledge. There are concerns with insufficient contestability in the quality assurance process for operations and ASA products. If left unaddressed, these issues pose risks to the World Bank's ability to deliver for clients.IEG acknowledges management's proactive course correction of the operating model. The evaluation finds that this could be enhanced by continuously collecting and reviewing data on organizational effectiveness.These findings have led to six recommendations: (1) Strengthen the approach to knowledge in the GPs and GTs with clear goals, roles, and mechanisms, budgets commensurate with mandates, and metrics for knowledge uptake, quality, and influence; (2) improve budgeting systems to better incentivize knowledge flow and collaboration; (3) better link the GPs and Regions to improve coordination and enhance responsiveness to clients; ( 4) ensure a stronger and more consistent use and role of the Program Leaders as a mechanism for cross-sectoral collaboration, integrated solutions, and complex client dialogue; (5) review the existing quality assurance arrangements to improve the quality of knowledge embedded in advisory and financing services; and (6) ensure there is ongoing monitoring of the operating model and more continuity in change management efforts to enhance the organization's ability to attain its knowledge flow and collaboration goals
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  • 2
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Independent Evaluation Group Studies
    Abstract: This report provides a retrospective assessment of the Bank Group's results and performance acrossits project and program portfolio. This is relevant for understanding the stock of achievements to date and the foundations on which the Bank Group is delivering on the Forward Look and its ambitious capital package. The report synthesizes trends in Independent Evaluation Group (IEG) ratings and identifies explanatory factors behind portfolio performance. Each of the three Bank Group institutions assesses results differently because of their differing reporting periods, operating models, and clients. The supplementary file contains four appendixes and the remaining, more specialized topic appendixes of the Results and Performance of the World Bank Group (RAP) report. This report is IEG's annual review of the development effectiveness of the World Bank Group (WBG). The report synthesizes trends in ratings, and identifies explanatory factors behind portfolio performance. This report provides a retrospective assessment of the World Bank Group's results and performance across its project and program portfolio. This is relevant for understanding the stock of achievements to date and the foundations on which the Bank Group is delivering on the Forward Look and its ambitious capital package. The four key appendixes for Results and Performance of the World Bank Group 2018 are included with the main file
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  • 3
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Independent Evaluation Group Studies
    Abstract: The 18th replenishment of the International Development Association (IDA18), one of the world's major providers of financial resources to the poorest countries, was the largest in the institution's 56-year history. Together with significant changes in its policy and financing framework, IDA's enhanced commitment authority was expected to enable faster progress toward the international community's far-reaching and ambitious 2030 agenda,1 which aligns closely with the World Bank Group's twin goals of eradicating extreme poverty and boosting shared prosperity in a sustainable manner. The objective of this synthesis report is to draw on findings and lessons from recent IEG evaluations (that is, those completed since FY16) and databases that are pertinent to IDA18 special themes and IDA support more generally to inform forthcoming IDA19 discussions. The synthesis report focuses on learning from IDA experience over the last 10 years in relation to areas covered by the IDA18 special themes, drawing on relevant IEG evaluations completed since FY16
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  • 4
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Infrastructure Study
    Abstract: Tunisia's has made significant investments in infrastructure, which has contributed to economic growth. The investments have enabled reasonably good access to basic infrastructure services. While access rates are high, the relative quality of Tunisia's infrastructure has deteriorated significantly over the last ten years. State-owned enterprises (SOEs), which dominate the infrastructure sector, receive considerable subsidies and incur notable financial losses. Overall, there is a heavy reliance on external borrowing to fund infrastructure investment, which creates contingent liabilities, and enhances foreign exchange and macro-economic risk. Chapter one provides an overview of Tunisia's infrastructure performance; chapter two discusses each sub-sector in more detail in terms of achievements and challenges; chapter three looks at historical trends in spending followed by a scenario analysis of investment needs with anecdotal examples, and discusses the present macro-economic and fiscal constraints; and chapter four presents possible action items for further discussion with the Tunisian government
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  • 5
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Abstract: This analytical work assesses the current capabilities of, as well as the gaps and challenges faced by, the Georgian Hydrometeorological Department (GHMD) in producing and delivering weather, climate, and hydrological (hydrometeorological) products and services based on users' needs. It provides the government authorities and decision makers in Georgia with a technical strategic framework for improvements in hydromet and early warning systems and services (EWS), to provide socioeconomic benefits to the Georgian population; safeguard their lives, livelihoods, and property; and protect economic investments. The road map consists of 11 chapters. Chapters 1-3 highlight the climate and hydrological hazards affecting Georgia, their consequent risks, and the socioeconomic impacts on the Georgian people. Chapter 4 provides an assessment of users' needs for hydromet information. Chapter 5 gives an overview of the institutional and organizational structure of GHMD, while chapter 6 provides an in-depth analysis of GHMD's current status. Chapter 7 discusses modernization of hydromet and EWS. Chapters 8 and 9 present the road map in detail, along with three proposed successive development scenarios designed to transform GHMD into a technically modern and sound hydrometeorological service by narrowing the gap between GHMD's current status and the level of services needed for fully discharging its public service mandate. Chapter 10 presents a detailed socioeconomic benefits analysis. Finally, chapter 11 lays out the conclusions and a way forward, and several annexes provide additional details
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  • 6
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Abstract: Maternity, paternity, and parental leave policies and associated benefits play a significant role in ensuring financial protection at the time of pregnancy, child birth and child raising, and in shaping women's ability to participate in employment, specifically to get a job and to remain in the labor market after starting a family. This note summarizes the main principles of extending maternity, paternity and parental leave and benefit policies globally and in Europe, highlights new policies and measures, and compares key characteristics such as leave duration and financing in the European countries (EU ad European Free Trade Association (EFTA) member states and Western Balkan countries). This could inform policy making and help assess existing policies and reforms, including in Kosovo
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  • 7
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Investment Climate Assessment
    Abstract: Just energy transition is key to South Africa's inclusive and sustainable growth. It is necessary to unlock large pools of private capital and attract foreign investment to drive low-carbon transition. Despite downside risks, South Africa has strong macroeconomic fundamentals and commitment to improving the overall investment climate. Climate change poses considerable systematic risks, thus needs to be urgently integrated into macroeconomic policy and planning. Harness transition opportunity invest in resilient infrastructure and create market for low-carbon technologies to boost growth and strengthen the macro investment climate. Implement carbon tax effectively and raise policy ambition, supported by a fiscal framework conducive for climate investments, as well as invest tax revenues to support just transition. The current energy crisis presents an opportunity for sector reform, regulatory changes, and use of innovative financial solutions to promote low-carbon private sector investments. The World Bank has developed this discussion paper in response to the government of South Africa's request to analyze ways in which private capital flows can be catalyzed and leveraged for low-carbon investments. The focus of this paper is on electricity generation sector and the industry sector
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  • 8
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Infrastructure Study
    Abstract: Paraguay is a middle-income, landlocked country with a population of about seven million. The nation is highly dependent on its transport and logistics infrastructure to connect to regional markets and international seaports. In road quality and connectivity, on the other hand, Paraguay trails its neighbors and other middle-income countries. According to the Global Competitiveness Indices, Paraguay is in the bottom third of indexed countries for road connectivity and quality. The government has attempted to address perceptions on quality and connectivity through higher budget allocations for the road sector. The higher road sector budget has been directed to expansion and preservation of the paved roads since 2012 and has, on the whole, allocated sufficient funds for their maintenance as estimated by this Public Expenditure Review (PER). Despite this there has been a slight decline in the overall quality of the network due to over and under funding of roads geographically and by functional classification. This PER is structured as follows: Chapter 2 provides some background on the Paraguayan economy, the country's road network (primary, secondary, and tertiary) features and analysis, and an overview of the government institutions responsible for the network; Chapter 3 describes how Paraguay budgets and manages its road sector, what the funding sources are, and how efficiently the expenditures are being spent; Chapter 4 assesses Paraguay's goals for its road sector, the effectiveness of its budget execution and sustainability of its funding, and its sector monitoring practices; and Chapter 5 concludes with the main findings and recommendations
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  • 9
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Urban Study
    Abstract: In March 2018, the World Bank finalized an agreement with Central Agency for Public Mobilization and Statistics (CAPMAS) to conduct a demand survey for housing across Egypt. The survey consisted of a sample of 10,300 households across eight governorates. The inclusive housing finance program supports several aspects of the government's social housing program, including financial aid to low-income households to help them access housing. This aid comes in the form of a subsidy that either complements the down payment and the repayments in the first years of a mortgage loan or contributes to the payment of the rent in the public or the private sector. The Government of Egypt asked the World Bank to advise on conducting a housing demand assessment to understand the differential demand for rental and ownership housing by different income and employment groups and for different types of houses, locations, and regions. The main objective of the study is to provide detailed information on the demand for affordable ownership housing with a mortgage loan, a down payment, and a subsidy and for formal rental accommodation
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  • 10
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Abstract: Air pollution is known to be a risk factor for personal health and an important determinant of various diseases. Numerous studies exist that examine the effects of an increase in air pollution on the risk of disease and mortality from cardiovascular and cardiopulmonary causes. One possible way to quantify air pollution is to measure the concentration of particles with a specific diameter between 2.5 and 10 micrometers are referred to as (PM10).The authors assess the effects of air pollutants (PM10) on hospital admissions for respiratory diseases in Egypt in 2016. They use a retrospective design and employ a generalized additive model (GAM) to conduct our analysis. Daily hospital admission data for Chronic Obstructive Pulmonary Disease (COPD) and chronic bronchitis were collected from specialized chest hospitals and matched to air pollution data. The results suggest that the concentration of PM10 in the air is an important predictor of respiratory disease. The authors find that a 10 ug
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  • 11
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Systems Approach for Better Education Results (SABER)
    Abstract: In 2018, the World Bank released World Development Report which showed that the world is facing a 'Learning Crisis'. Following up from that report, the Bank has launched the Human Capital Project to mobilize more resources, including for the improvement of learning outcomes. Subsequently, global leaders have been increasingly focused on solving this learning crisis and have renewed attention for Sustainable Development Goal 4: Quality Education. Pakistan is an early adopter of this Human Capital Project, and the new government is taking the lead to address the root causes of the learning crisis. This report aims to help the government with that agenda, by quantifying the extent of the learning crisis, and to highlight the main causes of the crisis. According the World Development Report, the 'Learning Crisis' consists of three main elements. The first is that access to schooling is still unequally distributed. While there have been huge efforts to expand schooling, there are still countries (including Pakistan) with millions of children out of school. Children living in regions with violence, children from poorer families and children with physical or mental disabilities are still often excluded. The second element is that even those who are in school are often not learning anything at all. In Malawi and Zambia, for instance, 89 percent of students could not read a single word by the end of Grade 2. In India, that figure is 85 percent. These numbers are important, as children who do not master basic literacy will probably never catch up with the curriculum. In other words, schooling is not necessarily the same as learning. The third element of the learning crisis is that the proximate causes of the learning crisis, low quality teaching, student school readiness, school leadership and school inputs, are not systematically addressed by actors in the system. One of the reasons behind this is that there is no systematic data collection on these factors
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  • 12
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Abstract: This study is motivated by the lack of demand-side jobs study in Indonesia. Workers do not create jobs; they only fill job openings. However, most of the jobs studies in Indonesia are focused on the supply side of jobs (workers), including skills development, workers protection and unemployment insurance, as well as international migration. To gain insights into the job-creation side of the puzzle, this study proposes to explore the demand side of jobs (employers or firms). Specifically, it aims to contribute to the Indonesia Jobs Strategy by providing new (and perhaps the only) evidence on the demand side of jobs in Indonesia. This report is not exhaustive of all demand side of jobs. It is part of the bigger report on demand-side jobs, which will include the macroeconomic analysis (growth and productivity decomposition, projected sectoral employment growth, et cetera), HH enterprises (including those in the agriculture sector), and the emerging economic sectors such as the digital economy
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  • 13
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Financial Sector Assessment Program
    Keywords: Capital Markets ; Capital Markets and Capital Flows ; Debt Markets ; Finance and Financial Sector Development ; Financial Regulation and Supervision ; Non Bank Financial Institutions ; Securities Markets Policy and Regulation
    Abstract: The Philippines corporate debt and equity markets will need to grow to provide alternative financing sources to support the strongly growing economy and emphasis on infrastructure spend. Capital markets deepening will be an essential pre-requisite for the country's continued economic development. Well-functioning capital markets ensure the optimal allocation and pricing of capital. This enables retail and wholesale pools of capital to be efficiently deployed in a manner that maximizes returns for such owners of capital against their risk profile. Furthermore, there are a number of technical and operational issues that can be addressed, that can significantly improve the enabling environment for and functioning of the capital markets. The result of these factors has been a lack of focus in policy development and implementation that has hampered capital market development. Key issues include: a lack of commitment to reform from key stakeholders that has impeded the development of markets and market infrastructure; an onerous tax environment that has deterred issuance and investment; a continuing need to improve investor confidence by strengthening the quality of supervision and enforcement for market intermediaries and market operators; cumbersome regulatory requirements and processes around issuance, particularly debt issuance; and outdated and inefficient trading and post-trading infrastructure, and governance concerns regarding market operators. In order to effect meaningful change, a capital markets champion is required. This champion should be cognizant of the relevance of capital markets to the country and possess the will and vision to drive legislative, regulatory, and tax reforms. In addition, a commitment to initiate a change in the ownership and governance of key exchanges and enforce policy against entrenched interests will provide considerable impetus for development
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  • 14
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Financial Sector Assessment Program
    Keywords: E-Finance and E-Security ; Finance and Development ; Finance and Financial Sector Development ; Financial Literacy ; Financial Regulation ; Financial Regulation and Supervision ; Financial Structures ; Legal Framework ; Risk Management
    Abstract: This technical note, prepared based on the financial sector assessment program (FSAP) mission to the Philippines, presents the overview of retail payments in the country and assesses its various aspects against relevant international standards and guidance. The assessment covers twelve thematic areas, which include: (1) public and private sector commitment; (2) legal and regulatory framework; (3) governance arrangements; (4) market competitiveness; (5) financial and information and communications technology (ICT) infrastructures; (6) risk management; (7) access points; (8) product design; (9) awareness and financial literacy; (10) leveraging large-volume recurrent payment streams; (11) payment systems oversight; and (12) cooperation and information sharing. This paper aims to present a succinct but comprehensive assessment of the most important aspects of the retail payments market in the Philippines. The scope of the assessment also includes an examination of the nascent fintech ecosystem, insofar as it relates to the provision of payment services or using retail payment services and accompanying infrastructure to build other value-added products
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  • 15
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Keywords: Inequality ; Living Standards ; Poverty Assessment ; Poverty Lines ; Poverty Reduction
    Abstract: This report aims to map poverty and inequality in Sudan and would be representative of the 18 states and 131 localities of Sudan. The poverty mapping technique is based on a small area estimation (SAE) technique developed by the World Bank to derive estimates of geographic poverty and inequality. It combines data from the 2014-15 National Household Budget and Poverty Survey (NHBPS) and the 2008 Population and Housing Census data to build spatially disaggregated poverty maps. Although household surveys usually include measures of income and wealth, they are not representative beyond the state level. Yet, allowing lower levels of disaggregation is important for policy interventions, particularly for countries like Sudan that have state governments, which manage the activities of the state while reporting to the federal government. This study uses a model of household expenditure from a survey data set to estimate household welfare at the lower levels and apply it to the census data set which does not provide information on household income or expenditure. These maps illustrate the information gains provided by SAE, show there is a substantial spatial heterogeneity within the localities, and highlight the small areas most likely to exhibit the highest risk of poverty
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  • 16
    Language: Spanish
    Pages: 1 Online-Ressource (69 pages)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als
    Abstract: Luego de un pobre crecimiento de 0,7% en el afio 2018. la region de America Latina y el Caribe crecera auna tasa levemente mayor en el 2019 (0.9%) ya una tasa mucho mas solida en el 2020 (2.1%). La regiondebera hacer frente a desafios tanto internos como externos durante el 2019. En el frente interno. larecesion en Argentina. una recuperacion mas lenta de lo esperado en Brasil, la desaceleracion en Mexico. yla crisis en Venezuela son las principales preocupaciones. En el frente externo, la fuerte cafda en lasentradas netas de capital a la region desde principios del 2018 y la normalizacion de la polftica monetariaen los Estados Unidos representan las mayores amenazas. Ademas, el reciente aumento de la pobreza enBrasil como resultado de la recesion sugiere gue el ciclo economico puede tener importantes repercusionessobre la pobreza. Los capftulos centrales de este informe muestran gue el uso de indicadores sociales gueresponden mucho al ciclo economico pueden llevar a conclusiones erroneas en cuanto a las gananciassociales permanentes en la region
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  • 17
    Language: English
    Pages: 1 Online-Ressource (143 pages)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als
    Abstract: Economic growth in Sub-Saharan Africa is estimated to have decelerated from 2.5 percent in 2017 to 2.3percent in 2018, below the rate of growth of population for a fourth consecutive year. Regional growth in2018 is below the pace projected in 2018 October issue of Africa's Pulse {0.4 percentage points lower). Thisslowdown was more pronounced in the first half of 2018 and it reflected weaker exports among the region'slarge oil exporters (Nigeria and Angola) due to dwindling oil production amid higher but volatile internationalprices for crude petroleum. A deeper contraction in Sudanese economic activity and a broad-based growthslowdown among non-resource-intensive countries also played a role.Sub-Saharan African countries with fragile context have made considerable efforts to find a way out offragility. Regional and sub-regional economic organizations are promoting economic cooperation andaddressing security and peace challenges that go beyond national borders.The special topic of this issue of Africa's Pulse argues that the digital economy can unlock new pathways forinclusive growth, innovation, job creation, service delivery and poverty reduction in Africa. The continent hasmade. great strides in mobile connectivity; however, it still lags the rest of the world in access to broadband.Only 27 percent of the population in the continent have access to internet, few citizens have digital IDs,businesses are slowly adopting digital technologies and only few governments are investing strategically indeveloping digital infrastructure, services, skills, and entrepreneurship
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  • 18
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Social Protection Study
    Abstract: This paper explores how men and women experience their time waiting for a response to applications for international protection, in asylum seekers' reception centers in Italy and Greece. The experience of waiting in camps can be characterized as one of extended uncertainty, during which women and men live lives in a new environment, with limited physical and social interactions with local communities. Qualitative data collected in early 2017 reveals that these prolonged waits generate various vulnerabilities, some compounding those already caused by trying journeys, which include gender-specific vulnerabilities. In addition, the paper provides an overview of the aspirations men and women asylum seekers hold as they look at the future. These aspirations are informed by pre-existing gender and social norms, but their development appears to be influenced also by the time in waiting. Specifically, aspirations seem constrained for all by the high levels of uncertainty and duration of the legal process, as well as by limited information, and barriers to interactions with local communities. Thus, men and women miss out on opportunities to qualify or broaden their aspirations, as they wait. Taking into account the different challenges and opportunities men and women asylum seekers face may be helpful in devising more targeted and thus effective policies with regards to asylum seekers during this period in waiting
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  • 19
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Poverty Study
    Abstract: The Water Supply, Sanitation, and Hygiene (WASH) Poverty Diagnostic (PD) in Niger is part of a global initiative to improve evidence on the linkages between WASH and poverty. The Diagnostic provides a detailed analysis of sector status, strengths, and weaknesses to inform the attainment of the new Sustainable Development Goals (SDGs) that aim for universal access to safely managed water supply and sanitation
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  • 20
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: This is the fourth in the series of ten good practice notes under the Energy Sector Reform Assessment Framework (ESRAF), an initiative of the Energy Sector Management Assistance Program (ESMAP) of the World Bank. ESRAF proposes a guide to analyzing energy subsidies, the impacts of subsidies and their reforms, and the political context for reform in developing countries. This good practice note provides those working on consumer price subsidy reforms, in particular social scientists, with hands-on, practical guidance for using certain qualitative research tools to help fully understand the distributional impacts of higher prices on households. It focuses primarily on the direct effects of energy price subsidies (that is, higher energy prices), which are especially pronounced in middle-income countries. The good practice note aims to illustrate how qualitative research tools-focus group discussions and in-depth interviews-can be utilized in the context of energy subsidy reforms. By using such tools, this note aims to guide researchers and policy advisers to better understand the energy use behavior of households, the impacts of higher energy prices on their lives, the ways households may adjust their energy use behavior in response, and the consequences of such coping strategies
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  • 21
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: Blockchain is an emerging technology that offers the possibility of re-engineering economic models and enabling the creation of markets and products that were previously unavailable or unprofitable across emerging markets. This report is intended to introduce readers to current developments in distributed ledger technology, or blockchain, with the vantage point of possible benefits to emerging markets. The first six chapters were written a year ago, while the last three are more recent and bring the perspective of a year of development in the nascent technology. Chapter 1 provides an overview of blockchain technology, followed by a look at its unfolding applications in emerging markets in Chapter 2. Chapter 3 examines whether blockchain can be used to mitigate de-risking by financial institutions. Chapters 4 and 5 look more closely at the financial services sector, including an overview of how blockchain fits into the spectrum of financial technology (fintech) innovations and the resulting provision of financial services (Chapter 4), and an analysis of blockchain's contribution to reaching the unbanked and underbanked in various emerging markets, including in Latin America, Asia, and Sub-Saharan Africa (Chapter 5). Chapter 6 looks beyond fintech to explore how developments in applied blockchain technology can impact agribusiness, drug safety, and more generally provide enforcement tools to promote the reach of sustainable and inclusive business. Chapter 7 discusses the proper regulatory environment needed to stimulate competition and investment in blockchain technologies in emerging markets and beyond. Chapter 8 examines the potential of blockchain to accelerate the transition to low-carbon energy solutions in these countries. Chapter 9 offers a review of legal issues associated with the use of blockchain and how these can be addressed
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  • 22
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: This report integrates primary and secondary research with COM-B (Capability, Opportunity, Motivation - Behavior) theoretical framework for understanding and effecting behavior change and consumer decisions on usage of efficient biomass stoves. Organized around seven themes - awareness, consumer finance, trust, access, understanding, product features, and gender - the report presents the outcomes of stakeholder interviews, consumer focus groups, and household surveys aimed at gaining a deeper understanding of the factors that determine perception of improved stoves and drive consumer decisions. It then proposes behavioral levers that the authors believe may increase the likelihood of uptake of efficient stoves and that can be ultimately used to maximize effectiveness of marketing by the private sector, design awareness campaigns, and sharpen the focus of development projects. The report primarily focuses on issues around improvement of biomass fuel usage efficiency and does not directly consider alternate cooking solutions, which might merit a more comprehensive review
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  • 23
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: In cold-climate regions of developing countries, access to a reliable and affordable heat supply is critical to the well-being of the rural and peri-urban poor, who enjoy only limited access to district heating, natural gas, and electricity networks. Most of them have long relied on solid fuel-fired, traditional heating stoves or simple low-pressure boilers (LPBs), which are fuel-inefficient, leaky, and highly polluting both indoors and outside. Having access to high-efficiency, low-emissions (HELE) heating stoves offers under-served households a cost-effective, intermediate solution until fuel-switching to gas or electricity is possible. Recent World Bank- supported winter heating pilot programs in the Central Asian countries of Tajikistan and Kyrgyzstan brought to market a small number of advanced, solid fuel-fired space heating and cooking stoves. This technical report aims to document the Central Asia pilot experience with HELE heating technologies and their potential use as a cost-effective, intermediate solution for millions of underserved households for improving health and reducing household air pollution, energy poverty, and climate impacts
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  • 24
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: The World Bank Group's Women, Business and the Law examines laws and regulations affecting women's prospects as entrepreneurs and employees across 187 economies. Its goal is to inform policy discussions on how to remove legal restrictions on women and promote research on how to improve women's economic inclusion. Women, Business and the Law 2019: A Decade of Reform introduces a new index measuring legal rights for women throughout their working lives in 187 economies. The index is composed of 35 data points grouped into eight indicators. The data covers a 10-year period not only to understand the current situation but to see how laws affecting women's equality of opportunity have evolved over time. The index assesses economic rights at milestones spanning the arc of a woman's working life: the ability to move freely; starting a job; getting paid; legal capacity within marriage; having children; running a business; managing assets; and getting a pension
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  • 25
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Water Papers
    Abstract: Maximizing the benefits from public sector investments requires a clear, predictable, and transparent process informed by robust analyses that can facilitate multicriteria considerations of different options and alternatives. However, the tools available to governments to assess the costs and benefits of different investment strategies are often too general or specific to determine the optimal investment strategy. This paper aims to improve the tools available to facilitate the assessment of the macroeconomic implications of large infrastructure projects and enhance the capacity for management of public investment decisions. The macroeconomic assessment of public investment options (MAPIO) model was applied to the Batoka Gorge hydroelectric scheme to provide an analysis of impacts on key macroeconomic variables. The MAPIO model shows the project provides a robust financial and economic investment option with a net positive impact on the national economies in both Zambia and Zimbabwe. The estimates are considered conservative and the returns remain robust when subjecting the model to extreme assumptions to test the sensitivity of the results. However, it is important to acknowledge the model limitations, which does not include noneconomic benefits, costs, or impacts on other sectors. Any investment decision should involve a multicriteria assessment that considers the full range of options and alternatives that may be available to achieving the development objectives
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  • 26
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Women in Development and Gender Study
    Abstract: The purpose of this report is to present the findings from a study on the Economic Empowerment of Women through Resilient Agriculture Supply Chains: A Geospatial and temporal Analysis in Southwestern Bangladesh. Recognizing that a common weakness in transport corridors has been the lack of participation and limited benefits accruing to the communities through which a corridor passes, World Bank investments in transport infrastructure are increasingly complemented by activities that facilitate the competitiveness of micro and small enterprises and economic opportunities for women and other disadvantaged people and integrate gender-responsiveness into trade facilitation and logistics initiatives. This geospatial and temporal value chain analysis in southwestern Bangladesh adopts a five-step methodology which overlays economic and initial enterprise analysis along this transport corridor, analyzes human capital (with particular focus on women) and the labor force along transport corridors, considers risk management in the value chain analysis, evaluates the economic structure of a value chain, and restructures the opportunities and gaps in areas where agglomerated economic activities were identified. The report includes a total of four components: chapter one, Identification and characterization of agricultural products that are representative of women driven, small-to-medium enterprises (SMEs). Chapter two, a geographical diagnosis of the population's sociodemographic and infrastructure conditions, and identification of constraints and opportunities regarding women-driven SMEs. Chapter three, value chain analysis for three agriculture products (fisheries, floriculture, and dairy) selected from chapter one. Analyses are represented in two formats: a) diagrams, and b) visualizations of spatial distribution. Chapter four, economic agglomeration and barriers for women-driven SME participation
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  • 27
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Debt and Creditworthiness Study
    Abstract: This joint World Bank/IMF Debt Sustainability Analysis (DSA) has been prepared in the context of the 2018 Article IV consultation and first review of the three-year program supported by the IMF's Extended Credit Facility (ECF). It is based on end-2017 debt data and the latest methodology underpinning the LIC DSF, which triggered an improvement in debt indicator thresholds. External risk of debt distress in Burkina Faso remains moderate. All external debt indicators remain below the relevant indicative thresholds under the baseline scenario. In line with the Staff Report, the baseline scenario is anchored on an overall fiscal deficit of 3 percent of GDP from 2019. In a customized scenario meant to illustrate fiscal and external risks, two thresholds are breached. The overall public debt does not breach the relevant benchmark in the baseline and Burkina Faso is assessed as having a moderate risk of public debt distress, as the external debt risk rating is moderate. Burkina Faso would need to: (i) maintain a sound macro-fiscal framework; (ii) implement structural reforms to diversify its export base; and (iii) limit non-concessional borrowing to prevent a deterioration of its debt sustainability outlook
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  • 28
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy Notes
    Abstract: With the Paris Agreement and most of its detailed rulebook now finalized, countries and subnational actors face the challenge of translating climate targets and strategies into action and determining how to finance these actions. Through the Pilot Auction Facility for Methane and Climate Change Mitigation (PAF), the World Bank developed an innovative financial mechanism - climate auctions - which stimulates private investment in projects that reduce greenhouse gas emissions. Climate auctions offer price guarantees to companies that can deliver eligible climate results in the future. These price guarantees are allocated through a transparent, efficient auctioning process, which maximizes the climate impact of scarce public funds. In the near-term, countries can utilize climate auctions to spur significant investments in low-carbon activities and mobilize finance at the scale and pace necessary to achieve their national climate targets, laying the groundwork for longer-term carbon pricing and greater climate ambition. This policy brief is intended to inform policymakers and public funders about why climate auctions are an effective tool for achieving climate outcomes, focusing on how policymakers can utilize auctions to accelerate NDC implementation and raise climate ambition. It also outlines how climate auctions work and where they are most effective. The policy brief was produced by staff of the World Bank with external contributions from the Rocky Mountain Institute
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  • 29
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Partnership for Market Readiness Technical Papers
    Abstract: Carbon pricing instruments (CPIs) involve large legal and financial interests. Trust in the accuracy and integrity of the reported data is therefore a prerequisite for a well-functioning instrument. To ensure accuracy and integrity of data, a robust monitoring, reporting, and verification (MRV) system is essential. Verification is critical to enhance trust in a carbon pricing system. Where systems have large financial implications, participation is voluntary, or international exchange of units is planned, this trust is paramount for successful implementation. This guidebook aims to help regulators to better understand their options in designing a verification system tailored to their specific needs and circumstances
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  • 30
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy Notes
    Abstract: What is produced on farmland is critical to the agriculture sector outcomes. If other objectives, such as farm incomes, jobs, water security, were considered as important as producing more of wheat and cotton in Uzbekistan, the farmland use structure will have looked differently. This report offers an example of more balanced allocation of farmland, which can increase agricultural production by 51 percent, employ 16 percent more people in primary agriculture, and save 11 percent water by 2030. All this can be achieved without undermining food security (for example, wheat supply) and development of textile industry. Outlooks are subject to uncertainty and the identified gains may not be necessarily realized. Yet, the benefits of more balanced farmland use are too large to be ignored for the future of agriculture development in Uzbekistan
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  • 31
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy Notes
    Abstract: This policy note was prepared in parallel to the report Pakistan at 100, Shaping the Future. The report Pakistan at 100 discusses options to accelerate and sustain growth in Pakistan so that the country becomes an upper middle-income country when it turns 100 years old in 2047. This policy note discusses Pakistan achieving an advantageous environment for public and private investment by strengthening its business climate and reforming the financial sector
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  • 32
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy Notes
    Abstract: Cambodia's openness to trade and financial flows has fueled one of the fastest credit growth episodes in Asia.A remarkable expansion in formal microfinance lenders contributed to increased access to credit. Since the promulgation of the National Strategy for Microfinance in 2007, Cambodia's microfinance sector has expanded rapidly, with both assets and credit growing at annualized rates of over 40 percent. While access to credit has helped ease financial constraints for households, one key concern is how the cost of credit and increased exposure to risk might affect household welfare. At the household level, low financial literacy could result in poor borrowing decisions and heighten risks. There are concerns that households may be over-borrowing and increasing their exposure to risks, as there are signs that the market is already highly saturated, given estimated absorption capacity at this level of development. This policy note assesses the impact of access to credit on household welfare in Cambodia and providesevidence on the drivers of the cost of credit in the microfinances sector. To fill the existing knowledge gaps, this policy note uses the latest available data from official sources to provide evidence on (i) the impact of microcredit on household welfare, (ii) profitability and cost of credit in the microfinance sector, and (iii) the effects of the interest rate cap in the sector. This note ultimately presents a series of policy options aimed at facilitating affordability and reducing the cost of credit, while maintaining sector profitability and minimizing risks (both for households and the financial system). The policy options have been developed in consultation with sector stakeholders
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  • 33
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: Following an initial spike in early 2018, Armenia's economic performance slowed during the rest of the year, but still estimated to have above 5 percent growth for the year. Inflationary pressures remained low, while the external balances deteriorated. The overperformance of the fiscal accounts reflected strong revenue collection, sound control over current spending, and underperformance of capital expenditure. The outlook, however, is more conservative
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  • 34
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Law and Justice Study
    Keywords: Gerichtsbarkeit ; Rechtsprechung ; Experten ; Wirkungsanalyse ; Südosteuropa ; Serbien ; Montenegro ; Nordmazedonien ; Bosnien-Herzegowina
    Abstract: This Report examines if and how expert witnesses impact the integrity, impartiality and efficiency of adjudication in four countries-Serbia, Montenegro, North Macedonia and Bosnia and Herzegovina (BiH). The report is part of a broader World Bank initiative to raise awareness of reform opportunities and inform policy dialogue on efficiency of justice, quality of justice and access to justice across countries in the Western Balkans, with a view to improving the performance of their justice systems. The Report provides an objective review of the performance of the justice system in the selected countries and recent achievements and opportunities for reform vis a vis the role of expert witnesses in trials. Recognizing the formative role that expert witnesses play in the trial process, the report provides recommendations on how to leverage and improve the role of expert witnesses in trials with a view to enhancing the overall quality, efficiency and performance of the justice system
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  • 35
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy Notes
    Abstract: Tanzania became one of the first low-income countries to abolish fees for lower secondary education (grades 8-12) in 2015. One of the pledges of a new, reformist government, the policy built on the country's previous experience of abolishing primary fees in 2002. The new Fee-Free Basic Education Policy (FFBEP) extended the abolition of formal fees to lower secondary education, and prohibited both primary and lower secondary schools from levying informal fees, such as for inspections. The introduction of FFBEP has already enabled a large increase in the proportion of students entering primary school, and the proportion transitioning to secondary level. Over the next few years more than a million additional lower secondary places will be required to meet the increase in demand. This rapid expansion of lower secondary education is a boon for access and an important step for Tanzania to achieve its goal of attaining middle-income status by 2025. However, such a pace of expansion poses a significant fiscal challenge. Careful planning is required at this stage to develop a model of lower secondary education which can be scaled up in a sustainable way. In partnership with the government of Tanzania, the authors have developed a simulation model to estimate the fiscal impacts of various policy parameters with relevance to the implementation of FFBEP at lower secondary level. The findings presented in this note are based on the simulation tool developed for use by the government
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  • 36
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy Notes
    Abstract: There is an increasing amount of literature discussing the integration of humanitarian assistance into social protection systems or the linkage of disaster risk responses with specific social safety net programmes. The nexus maybe seen through synergies via common frameworks, platforms and systems utilized. The Philippines continues to tackle the problems of poverty and vulnerability among its 100 million population. It lies in the "Pacific Ring of Fire" and is visited regularly by typhoons, ravaged by flooding, and occasionally hit by destructive earthquakes. It also has two long running conflicts with rebel groups that have displaced thousands of its citizens in hot areas. Despite being a middle income country and owing to the recurrent nature of crises, the country has a permanent presence of humanitarian actors (UN agencies, international, and national NGOs) ready to complement government efforts during emergencies. This specific case study showcases the linking of humanitarian assistance and social protection in two instances where cash transfer for relief and recovery by humanitarian agencies, the World Food Programme (WFP) and United Nations Children's Fund (UNICEF), successfully "piggybacked" on the Pantawid Pamilya Pilipino Program (4Ps), a lead social protection programme of the Department of Social Welfare and Development (DSWD), during the aftermath of typhoon Haiyan (2013)
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  • 37
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: The objectives of a well-designed pension system are poverty reduction in old age and income smoothing throughout an individuals' lifetime. Over the last thirty years, changing demographic trends have caused a shift from 'pay as you go' and occupational defined benefit (DB) schemes - where the obligation for paying for retirement income is with the state and employers - to defined contribution (DC) schemes, where the obligation to save for retirement rests more with individuals. The transition to DC schemes did help establish a strong link between contributions during working life and benefits during retirement, for individuals. However, an increasing challenge has been balancing genuine needs for some pre-retirement liquidity, access to savings and providing adequate income post retirement for individuals. The need to get this balancing act right is being felt increasingly as coverage of national social security systems is expanded to include more of the non-salaried workforce which often has lower levels of income, more periods of unemployment and more irregular earnings. This note surveys recent literature and country experiences to understand if and how countries address the need for pre-retirement liquidity in both mandatory and voluntary DC schemes. The note also uses simple modelling to illustrate the impact of allowing access to pension savings on income adequacy after retirement. The report concludes with recommendations based on emerging best practice
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  • 38
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: Nigeria's emergence from recession remains slow: real GDP grew by 1.9 percent in 2018. While this was above the 0.8 percent growth of 2017, it was below the population growth rate, government projections and pre-recession levels. The oil and gas sector reverted to contraction from the second quarter of the year and the non-oil economy was thus the main driver of growth in 2018. While agriculture slowed down significantly due to conflict and weather events, whose effects were not counteracted by direct interventions by the Central Bank of Nigeria (CBN), non-oil, non-agricultural growth, which remained negative up to the third quarter of 2017 strengthened through 2018 - but remained weak - with services (primarily ICT) resuming as the key driver. As the oil sector is not labor-intensive, and the non-oil economy was still relatively weak, nearly a quarter of the work force was unemployed in 2018; and another 20 percent under-employed. With 3.9 million net entrants into the labor force (now 90.5 million people) during 2018 (up to September) (4.5 percent growth), but virtually no growth in the stock of jobs, unemployment rose by 2.7 percentage points since end-2017, and more than doubled compared to the pre-recession levels (9.9 percent in Q3 of 2015)
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  • 39
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy Notes
    Abstract: Home to over 735,000 people, the Kingdom of Bhutan has achieved rapid economic growth and poverty reduction, despite the constraints of being a small, landlocked, and mountainous country. Its neighbors, China to the north and India to the south, are in contrast the two most populous countries in the world. Bhutan's land area is only 1 percent of India's and 0.5 percent of China's. Even surrounded by much larger economies, Bhutan has seen its economy expand rapidly in recent years, largely through hydropower exports to India and construction. The country halved its poverty rate to 12 percent between 2007 and 2012, and by 2017 it had achieved a further reduction, to 8.2 percent (NSB and World Bank 2017). National policy remains centered on diversifying export-led growth beyond hydropower exports to India and on making Bhutan's economic growth more inclusive of all citizens. The agriculture sector, one of the five jewels in the Bhutanese economy, can play a key role in sustaining growth, reducing poverty, creating jobs, and expanding shared prosperity. Bhutan's dense and virtually untouched forests, abundant water resources, and diversity of wild species are exceptional natural endowments, and correspondingly, environmental conservation is the cornerstone of Bhutan's development approach (World Bank 2014). This Policy Note reviews Bhutan's recent agricultural transformation from a spatial perspective and suggests measures to make further progress. The discussion focuses on crop-level drivers of productivity and spatial patterns of agricultural production in relation to markets, especially in relation to opportunities for expanding market potential to support the national development goals of the Royal Government of Bhutan (RGoB). The government has set targets in a number of policy areas where agriculture plays a critical role
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  • 40
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Country Environmental Analysis
    Abstract: This report presents the economic potential of renewable natural resources (forests, wildlife and fisheries), and identifies opportunities for enhancing the sectors' contribution to both the national and local economies in Angola (Section two). Given the strong focus of the ongoing CPF on economic diversification, the report focuses on these selected sectors whose sustainable use offers opportunities for diversifying the economy, creating jobs and improving local livelihoods. In light of the implementation of the World Bank's new Environmental and Social Framework (ESF), the report assesses the current national legislation and policy framework for assessing and mitigating potential environmental and social risks and impacts caused by investment projects and proposes opportunities which can support in strengthening the national capacity in order to facilitate project design and implementation following the World Bank's due diligence (Section three). The report then assesses the current policy and institutional framework for addressing climate change in Angola and proposes opportunities to support these (Section four). Finally, the report concludes by proposing opportunities for World Bank engagement in the sectors selected (forests, wildlife and fisheries), as well as in enhancing environmental management capacity and building resilience to climate change.A World Bank mission was organized to Angola in October 2018, and collected data relevant to the study and discussed with government officials, development partners, CSOs, and other relevant stakeholders the status, priorities, and potential opportunities for each of the sectors considered. This report uses data and information collected during the mission and shared by government institutions and other stakeholders, as well as data and literature that are publicly available
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  • 41
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Social Analysis
    Abstract: Gender-based violence, or GBV, is one of the most oppressive forms of gender inequality, posing a fundamental barrier to the equal participation of women and men in social, economic, and political spheres. GBV includes intimate partner violence, non-partner sexual assault, female genital mutilation, sexual exploitation and abuse, child abuse, female infanticide, and child marriage. Such violence impedes gender equality and the achievement of a range of development outcomes. In Nigeria, like in other jurisdictions, GBV remains a challenge that significantly constrains women's autonomy and opportunities. Conflict in Nigeria's North East geopolitical zone has further contributed to a steep rise in violence targeted against women and children by Boko Haram. This report uses the social ecological model as the basis to analyze prevalent GBV risks in Nigeria. It first describes the legislative and policy level frameworks associated with violence against women and girls as well as their implementation at the national and subnational levels. It then provides a detailed analysis of specific social norms that have created acceptance for or at least a lack of condemnation of GBV at the community level. Finally, based on field research, it delves deeper into some of the interpersonal and individual drivers of various forms of GBV in the selected communities
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  • 42
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Country Financial Accountability Assessment
    Abstract: This paper examines Liberia's financial management (FM) capacity building initiatives from the immediate aftermath of the 14-year civil war to date, and the lessons that could be drawn from such experiences for future efforts in the country and others faced with similar circumstances. The paper focuses on the merits and shortcomings of both donor supported and country-led initiatives that had FM skills development as a central theme
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  • 43
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Poverty Study
    Abstract: This report sheds light on the extent to which earnings mobility and inequality of opportunity in access to the labor market have contributed to the increase in earnings inequality in Mauritius. Among the most important concerns about rising inequality is a situation where people become trapped in low-paying jobs and do not have the opportunity to improve their welfare through their own efforts. For this reason, this report takes a closer look at the extent and nature of earnings mobility and inequality of opportunity in the Mauritian labor market
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  • 44
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Poverty Study
    Abstract: The people of the South Caucasus aspire for their countries to become strong middle-class societies, and they are on track to make that aspiration a reality. Two decades of social and economic progress have changed the societies of Armenia, Azerbaijan, and Georgia. The notable improvements that people in the region have experienced are reflected in better living standards that allowed poverty to be reduced by half in the 12 years between 2005 and 2017. Yet, to consolidate middle-class societies, the governments of the South Caucasus need to do more to achieve the stability and resilience enjoyed by their more advanced peers in Europe and Central Asia. Sustainable economic growth, poverty reduction, and shared prosperity require that the full potential of all geographical and administrative areas, population groups, and economic sectors be realized. This boo analyzes spatial, social, and economic mobility in the South Caucasus. The book argues that Armenia, Azerbaijan, and Georgia have not yet integrated important geographical areas and population segments in full economic participation and social development. Economic gains have not been uniformly and equitably translated into greater welfare and opportunity among all households and individuals. The main conclusion is that sustainable growth, poverty reduction, and the consolidation of the middle class require that the institutional and physical foundations of greater and more equitable economic and social mobility be secured in the South Caucasus. Understanding and removing the constraints to the development of lagging districts; leveraging opportunities for agglomeration; linking geographical areas, peoples, and markets; fostering equality in access to better jobs; and making sure that high-quality education and basic services are available to all individuals and areas are crucial
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  • 45
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Women in Development and Gender Study
    Abstract: The study aims to understand the constraints to women's equal participation in the roads sector inMalawi to inform the development of interventions to promote gender equality in the sector. The study adopts a career cycle approach that allows to identify and describe the barriers to career progression for women in the roads sector at each stage in the career cycle focusing on: attraction, selection, retention, and advancement. The study employs qualitative research methods consisting of focus group discussions with women and girls along the career cycle in the roads sector and key informant interviews. The study has yielded insights into the multiple and overlapping factors embedded in the socialization, learning and hiring processes that result inhigh rates of attrition of women in the engineering and roads-related technical field at different stages of the career cycle, often called the '*leaky pipeline'* in policy discussions about women in STEM. From secondary school through university and vocational schools, female students report less confidence and aspiration in engineering and vocational training in the roads sector. At the selection stage, women face gender bias in hiring and difficult work environment, representing an exodus of talent among women who could otherwise become the next generation of architects, engineers, and roads sector contractors. At the retention and advancement phase women confront a difficult work environment where women are sidelined from career advancement opportunities, face sexual harassment and have difficulty balancing work and family obligations in a sector wheremany of the opportunities are in remote locations. The roads sector in Malawi offers opportunitiesfor women: opportunities in the forms of generating substantial incomes, designing transport infrastructure to foster socio-economic development, and providing role models for the young women of the future. Increasing the gender balance in the roads sector requires a comprehensive and multi-sectoral approach and one that needs to address the underlying causes that subtly results in gender stereotypes and gendered occupational cultures and career choices. The table summarizes the key study findings and core set of actions to help women overcome the obstacles at different stages of the career cycle targeting women at all age groups
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  • 46
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Energy Sector Management Assistance Program Papers
    Abstract: China has impressed the world with its rapid economic growth over the past four decades, during which time it has increased its real income per capita by more than 25 times. However, the attendant environmental costs have also been significant, jeopardizing economic and social gains from growth. To move toward sustainable development and reduce the environmental impact of further economic growth, the Chinese government has started to prioritize green development and the building of an ecological civilization. China's 13th Five-Year Plan (2016-2020) has upgraded the building of the ecological civilization to the level of national strategy - a policy target of top priority.According to the Ministry of Ecology and Environment (MEE), industrial parks (IPs) are the key source of industrial production and all new industrial projects are required to be operated within industrial parks (Zhang 2018). The growing concentration of industrial activities within IPs suggests that an increasing proportion of industrial pollution will be produced in IPs. Thus, promoting green development of IPs will be vital for the achievement of China's and the world's sustainable development goals.Effective management of IPs toward green development requires a well-functioning regulatory framework to provide standards, requirements, guidelines, and robust monitoring and evaluation (MandE) frameworks. Although China does not have a specific IP management law, a comprehensive regulatory framework is in place, covering different legislative levels including (from top to bottom in terms of their importance) laws, regulations, national policies, and standards and indicators. This regulatory framework covers multiple aspects of IP management, including requirements concerning the economic and environmental performances of IPs.This report conducts a comparative analysis between the Chinese green standards and the EIP Framework across all four dimensions-park management and economic, social, and environmental performance- to identify differences and share policy recommendations for further improvements of the Chinese standards
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  • 47
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: This note analyzes household survey data and firm-level data to measure gender gaps in employmentoutcomes over the past 15 years and shed light on the degree to which economic growth has translated into more and better jobs for men and women, and the relative impact on each group. The analysis relies primarily on micro-level data from the annual Encuesta Permanente de Hogares for 2001 through 2016, the Encuesta Continua de Empleo for 2010-2014, the Censo Economico 2011, a census of firms, and the 2015-16 Encuesta de Empresas, a follow-up firm survey. Patterns in labor supply and its correlates will be examined using household-level data, and the analysis will consider how gender and other worker characteristics are related to labor market outcomes. In addition, this note explores the degree to which private sector labor demand and firm productivity differ by gender; this is done using firm-level data to examine the drivers of firm performance and employment growth. The remainder of this note is structured as follows. Section 2 examines recent socio-demographic trends that have affected the number of women entering the labor market in Paraguay. Section 3 looks at gender differentials in labor market outcomes relating to work status, sector of employment and earnings, inter alia. Section 4 considers the gender composition of labor demand by private sector firms, and section 5 concludes with a discussion of policy options for the future
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  • 48
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: This paper examines the quality of management practices in Turkey and its relation to other firm-level characteristics such as firm performance, competition, and type of ownership. A key finding is that management quality is positively correlated with productivity and quality of jobs across subsectors of manufacturing. But the average score of management quality in Turkey is relatively low compared to peer countries. Factors such as firm size, level of human capital of the workforce, export intensity of the firm, openness to international markets, level of hierarchy in decision making, and degree of managerial autonomy are found to be important determinants of managerial practices in Turkey. Thus, improvements in these dimensions, through relevant policies and incentives, can have a positive effect on the quality of firm management going forward.Such improvements in management practices-particularly in the two dimensions whereTurkey scores lowest: monitoring and targeting-can have positive effects on firmperformance and lead to increases in the creation of quality jobs
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  • 49
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Social Protection and Labor Discussion Papers
    Abstract: Sweden's gender pension gap is about 33 percent at retirement, reflecting the gender earnings gap - itself a reflection of a structural gender difference in low-pay jobs for women and men and career advancement opportunities. The individual nonfinancial defined contribution (NDC) account data examined show that the allocation of time to informal care work in the home versus formal market work is the main determinant of the gaps. A case is presented for sharing accounts as the default, making the cost of women's time in home care explicit and negotiable, reducing the minimum guarantee pension's role as an implicit tax-financed spousal subsidy. The paper also analyzes the likelihood of needing a guarantee and the effect of sharing under various circumstances
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  • 50
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Social Protection and Labor Discussion Papers
    Abstract: About one-half of Africa's population will remain below age 30 well past 2050,with relatively few aged 60 and older. Using Tanzania's projected demographics and presenteconomic point of departure, this paper demonstrates how the implicit '*double'*demographic dividend can be harnessed to create inclusive growth. A Swedish-style non financial defined contribution (NDC) system is launched where the government can borrow funds from the future through NDC '*consol'* bonds to transform individual savings into human and physical capital to promote inclusive economic growth. The consol bonds constitute a reserve to cover pensions of the retiring '*demographic bubble'* in the future as the dependency ratio gradually glides into demographic equilibrium. Minimum transfers tothe current elderly are also introduced with the phase-inches
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  • 51
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Social Protection and Labor Discussion Papers
    Abstract: Starting from a reconstruction of the political context in which the Italian 1995 pension reform took shape, this paper reviews the essential features of the 1995 and post-1995 legislation and assesses its fundamental shortcomings. A straightforward theoretical discussion highlights both the targets and the instruments representing the hallmark of the nonfinancial defined contribution (NDC) model. The contrast of such theoretical premises with the Italian legislation points out the persistent original mistakes together with the necessary remedies
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  • 52
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Social Protection and Labor Discussion Papers
    Abstract: All UK employers now offer a pension scheme including the use of automatic enrollment. More than 9 million people have started saving into a workplace pension as a consequence. NEST is a pension scheme that any employer can use to meet its auto enrollment obligations. It was set up to serve those traditionally poorly served by commercial pension provision. NEST is built around features tested and seen as important and motivating for potential members and employers, underpinned by extensive research with future members and analysis of feedback from existing customers. The communications approach had a major focus on providing reassurance that saving is a '*good'* thing and NEST will look after one's money
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  • 53
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Social Protection and Labor Discussion Papers
    Abstract: Greece's current pension system relies almost exclusively on the state and remains staunchly pay-as-you-go (PAYG) and defined benefit (DB). This paper offers a radical proposal for change: (i) a new multi-pillar notional and financial defined contribution (NDC and FDC) pension system for all generations first insured after 1993, with contribution rates for primary pensions reduced by 50 percent; and (ii) a transitional system for those first insured before 1993. The proposal's robustness is tested actuarially for the period up to 2060. Though financing the legacy cost would be challenging, the quantitative exercise indicates that a radical pension reform, especially if implemented as a part of an overall recovery package, could set the country on a more favorable growth trajectory
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  • 54
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Social Protection and Labor Discussion Papers
    Abstract: The main goals of reforming the Norwegian old-age pension system toward nonfinancial defined contributions (NDC) in 2011 were to improve long-run fiscal sustainability and labor supply incentives. Maintaining much of the redistributive effects of the former public pension system was also an important concern. Econometric analyses reveal the 2011 reform's significant effects on postponing retirement. Results from a dynamic microsimulation model show that the reform is expected to have substantial effects on old-age pension expenditures in the long run without any large negative distributional effects. Macroeconomic analyses indicate that the reform is likely to make a great fiscal impact in the long run, and higher employment plays an important role in this aspect
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  • 55
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Social Protection and Labor Discussion Papers
    Abstract: It is desirable that pension reforms and legislated rules have the backing of thepopulation or at least are accepted by voters. With the objective of achieving-acceptance,'*the Swedish Pensions Agency publishes an annual actuarial balance of the solvency of the whole public pension system and distributes to each participant information on his or her individual accumulated notional balance and funded accounts, movements during the year,and estimates of the projected individual future pension amount. This paper describes the Swedish pension experience in communication with pension participants over the last decade, together with the main changes in information delivered to improve individuals' pension knowledge and help them make more informed, better decisions on work, savings,and retirement
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  • 56
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Social Protection and Labor Discussion Papers
    Abstract: Nonfinancial defined contribution (NDC) schemes offer governments desirable properties in terms of efficiency, fairness, and financial sustainability and an opportunity to deflect the blame for pension cuts. Yet adoptions of NDC schemes largely ground to a halt and several countries retreated from NDC implementation after legislation. Lack of support from powerful international actors is partly to blame, as is the perceived rigidity of NDC in reducing room for policy maneuver. Correct implementation requires substantial administrative capacity. Less demanding automatic stabilizing mechanisms undercut the appeal of NDC in the European Union. Thus, while being an important option for policy makers and a benchmark against which to measure alternative reforms, NDC is unlikely to become the dominant pension design choice anytime soon
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  • 57
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Social Protection and Labor Discussion Papers
    Abstract: In 2008, Chile introduced a New Solidarity Pillar (NSP) designed to eliminate the incidence of poverty among elderly adults by setting a floor at around forty percent of the minimum monthly income for the poorest sixty percent of the population. This paper describes the NSP's main characteristics and the main results achieved during its first seven years of operations: coverage, fiscal cost, poverty reduction, and the system's role in reducing the significant gender gap in pensions. Its effects on incentives to contribute are discussed, as well as the literature that has attempted to measure these effects. Finally, the main challenges facing the NSP and the implications for other countries under defined contribution pension schemes are summarized
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  • 58
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Social Protection and Labor Discussion Papers
    Abstract: Defined contribution (DC) schemes whether unfunded or funded are often considered superior to defined benefit (DB) schemes in their ability to address labor market issues, particularly in encouraging formal employment and delayed retirement. Conceptually, the assessment is based on superior incentives to work and save. Yet economic and social realities are more complex. This paper explores design and labor market conditions that potentially constrain DC schemes. The paper concludes that to achieve their conceptual potential, DC schemes require design innovations, including a better integration of basic provisions and complementary labor policies that promote job creation in the formal sector and expand job opportunities during old age
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  • 59
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Social Protection and Labor Discussion Papers
    Abstract: This paper starts from the fact that women receive lower pensions than men on average, and considers policies to address that fact. Women typically have lower wages than men, a greater likelihood of part-time work and more career breaks, and thus generally a less complete contribution record. In addition, pension age may be lower for women and annuities may be priced using separate life tables for women. The paper looks at three strategic ameliorative policy directions: policies intended to increase the size and duration of women's earnings and hence improve their contribution records; policies to redirect resources within the pension system, including for survivors and after divorce; and ways of boosting women's pensions with resources from outside the pension system
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  • 60
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Social Protection and Labor Discussion Papers
    Abstract: This paper identifies and discusses four issues in creating annuities in (nonfinancial) defined contribution (NDC) schemes that are essential for systems' financial stability and fair inter or intragenerational redistribution. The first issue is the choice between incorporating the rate of return into the annuity or into the exogenous indexation. The second issue is in choosing a projection method for life expectancy that produces systematically unbiased estimates. The third issue is at what age the projection of life expectancy is to be fixed over the remaining lifetime of the annuity. The final issue is the prevalence of socioeconomic heterogeneity within the insurance pool
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  • 61
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Education Study
    Abstract: This report provides new empirical insights into skill levels in Kosovo, based on two recent surveys. The Skills Towards Employment and Productivity (STEP) initiative of the World Bank has developed household-level and firm-based surveys to provide policy-relevant information on skills from both the supply and demand side. Household-level surveys measure the supply and use of skills in the adult urban population in a comprehensive way, including cognitive and socio-emotional skills that affect work-place readiness and effectiveness. Firm-level (employer) surveys focus on identifying the cognitive and socio-emotional job-related skills that employers seek, skills that are difficult to find, and linkages between firms and education systems
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  • 62
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Social Protection Study
    Abstract: The Social Assistance Scheme (SAS) is the main social assistance program in Kosovo and the sole program targeted at poverty reduction in Kosovo and, importantly, the only program in which household income and assets are used to identify beneficiaries. In the absence of SAS, the overall poverty gap would have been 1.8 percentage points higher in 2016, and the poverty rate would have been 1.5 percentage points higher. Yet, the importance of SAS in Kosovo's social protection system has declined; decreases in spending on targeted social assistance in Kosovo goes against a worldwide trend. The Government of Kosovo seeks to reform the SAS to eliminate discrimination in program design, promote inclusion and reduce poverty. This report reviews the main design criteria of the SAS, its performance in international comparison, and provides directions for reform based on simulations with household survey data
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  • 63
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Risk and Vulnerability Assessment
    Abstract: When shocks strike they have an immediate and direct impact on life, income, and assets.Two strands of literature can be usefully brought together to generate some initial indicative estimates of the timing of a shock's impacts, and thus the likely benefit of acting early to mitigate these impacts: i) Post-disaster and vulnerability assessments that explain how the impact of different disasters unfolds, that estimate losses from assets and income, or that present data on coping mechanisms used; and ii) Micro econometric studies that assess the cost imposed by coping strategies on income and growth.An initial assessment of this literature was undertaken in Clarke and Hill (2013) for drought in Africa. This paper extends and updates this review by (i) adding new studies published in the last five years; and (ii) including studies outside of Africa and considering other types of disaster in addition to drought--specifically floods and earthquakes in Asia, and earthquakes, cyclones, or hurricanes in small island states (Pacific, Caribbean).This finding is consistent with a well-published literature showing that variability of income over time impacts child nutrition and can be linked to stunting, a condition that causes irrevocable harm by impairing brain development, leading to lower cognitive and socioemotional skills, lower levels of educational attainment, and hence lower incomes.The paper proceeds as follows. Section two sets out the framework and approach used. Section three presents evidence on rapid-onset events, section four on slow-onset events, and section five on prices. Section six offers some conclusions and recommendations for future data collection
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  • 64
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Urban Development Series Knowledge Papers
    Abstract: The Decision Maker's Guides for Solid Waste Management Technologies were created to help mayors and decision makers understand the various technologies and when they would be appropriate based on local circumstances. Mayors are often approached by different solid waste management technology vendors and these guides aim to provide objective guidance and critical considerations. They offer insights into implementing environmentally sound treatment and disposal solutions. The guides include: (i) A basic description of what each technology is and how it works; (ii) Key considerations when thinking about pursuing a specific technology; (iii) Financial implications and suggestions for reducing and recovering costs; (iv) Examples of where the technology has succeeded and failed; and (v) Questions to ask the solid waste vendor to assess appropriateness of the technology and vendor for the local context
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  • 65
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Social Protection and Labor Discussion Papers
    Abstract: The paper focuses on the interrupted careers in four countries where pensions are based on lifetime labor income, but they have different labor market patterns. High levels of employment in Germany and Sweden are in contrast with low levels of employment, particularly for women, in Italy and Poland. Career interruptions of women in Italy mean early withdrawal from the labor market, while in Sweden women choose part-time employment. Lower employment rates and gender pay gaps are important causes of differences in expected pension levels. The pension system design and demographics are also different. Prolonging working lives and reducing gender gaps in employment and pay, particularly for those at risk of interrupted careers, is key to ensure decent old-age pensions
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  • 66
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Eugene R. Black, President of the International Bank for Reconstruction and Development, spoke about the war in Korea and the repercussions around the world. He discussed how much progress was being made in Europe in hammering out new patterns of production and trade to replace and improve prewar patterns that cannot be restored. He also said that with the cooperation of the members, Bank can aid, in creating confidence and the kind of economic environment which will encourage productive investment, both local and foreign, private and public. He examined some of the steps underdeveloped nations must take in order to effectively translate aid into concrete development
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  • 67
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Eugene R. Black, President of the International Bank for Reconstruction and Development, spoke about the plight of the underdeveloped member countries. Bank has greatly enlarged its knowledge of their economic problems and needs, their capacity to absorb and service external loans, and the merits of particular development projects. He discussed the most constructive contributions the Bank can make to the progress of development, especially in the least advanced countries, is to help make available to them the experience of other nations. He closed on a note that the Bank can start on the way towards equilibrium, it may find the effects of returning confidence highly cumulative and the difficulties dispelled more quickly than they dared hope
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  • 68
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: John J. McCloy, President of the International Bank for Reconstruction and Development, spoke about the loans granted by the Bank for European reconstruction and trade promotion. The Bank is currently in discussions about development projects for more than 20 member countries. He noted the shortage of technical experts in under-developed countries. Financial stability is necessary for trade growth. He concluded by saying that a prosperous world would be possible only if there was a good volume of international trade
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  • 69
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: John J. McCloy, President of the International Bank for Reconstruction and Development, discussed the European Recovery Program and the role of Bank in it. He reported on provisions for using loan proceeds. He was proud of a guarantee operation to sell the notes of Dutch shipping companies to U.S. banks. He spoke about how the Bank sold to the Bank for International Settlements an issue of Swiss Franc bonds, and the proceeds were used in the loan to The Netherlands. He concluded by talking about variety of the projects presented to the Bank from all over the world and how this would keep the Bank busy
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  • 70
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Eugene Meyer, the recently resigned President of the International Bank for Reconstruction and Development, spoke about stepping down to allow a permanent head to take over operations. He spoke about insurance companies of the nation and how they are an important factor in its social security. He discussed the Bank's lending operations. Most of the funds must be obtained through the sale of debentures in the public markets from time to time. The security behind the Bank's obligations its reserves, its paid-in capital on hand and its ability to call upon its members for part or all of the remaining eighty percent of their subscriptions. He highlighted the importance of the International Monetary Fund which has the task of bringing stability into the chaotic area of international currency exchange. He concluded by saying that whether we live in a borrowing or lending country we can all play our part in improving international relations and in strengthening the forces which benefit men in their daily lives
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  • 71
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: John. J. McCloy, President of the International Bank for Reconstruction and Development, discussed the U.S. announcement of the European Recovery Program (Marshall Plan). This ambitious plan must be economically successful. The inherent strengths of Europe give reasonable assurance of the success of the Marshall Plan reorganization that is proposed. The problems of the continent do not appear insoluble. Human and materials assets, a sensible plan, good management, and sufficient new money are each elements that are fundamental to ensure success. External assistance should be conditioned upon economic reforms. Trade with Eastern Europe should be encouraged. Financing on this scale should be afforded primarily as grants rather than loans
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  • 72
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: John J. McCloy, President of the International Bank for Reconstruction and Development, discussed the appropriate function of the Bank. It cannot be the overall financer of global balance of payment deficits. It can finance economically strategic and productive projects. It can be the bridge between government and private financing, and thereby complement the Marshall Plan. He discussed administration of the Marshall Plan and national self-interest. The opportunity afforded by recovery of Europe and its closer integration remains the first and most promising objective to achieve
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  • 73
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Eugene Meyer, President of the International Bank for Reconstruction and Development, presented the First Annual Report by the Executive Directors to the Board of Governors. The report had its genesis over three years during a war in which nearly all mankind was engaged. Meyer details the happenings from 1944 to 1946 and the founding of the organization. The Bank was created to assist in the reconstruction and development of its members by investing capital for productive purposes. Key personnel have been appointed, and working procedures developed. The Bank commenced formal operations on June 25th. Loan requests have been received from two countries. Meyer expects to be lending large sums of money. The goal is to promote peace and prosperity through monetary stabilization and the restoration of international credit, thereby improving the lot of humanity
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  • 74
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: John. J. McCloy, President of the International Bank for Reconstruction and Development, discussed staff recruitment and the development of Bank policies. Loan requirements emphasize productive projects of reconstruction and development. Supervision ensures the funds are not diverted. He spoke of the need for balanced budgets, sound tax systems, and monetary stability. The Bank is in a position to help facilitate financial reforms. McCloy has been in close contact with the American investment community as the Bank floated its first bond issue. He highlighted the need to gain access to currencies of other member countries. He noted the relationship of Marshall Plan aid to Bank activities. Despite the discouraging economic situation, he believes the Bank has made real progress in repairing the damage from the war. The best hope for the future lies in the magnitude of development potential of the Bank's members
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  • 75
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Social Protection Study
    Abstract: Vietnam is in the process of updating its Labor Code of 2012. This advisory note is designed to inform a dialog on opportunities for how the 2012 Labor Code can be adjusted to balance the playing field between men and women so that they have equal access to and equal benefits from the labor market. It does so with to objective to support the gender assessment of new laws as stipulated by the Vietnam Promulgation of Laws of 2015. The advisory note draws on analysis carried out by the task team and under the World Bank's Vietnam Jobs Diagnostic. This advisory note is follow-up to a workshop hosted by the Social Affairs Committee of the Vietnam National Assembly and The World Bank on January 11, 2019, for members of the Social Affairs Committee and other National Assembly representatives. After the workshop the Committee and Social Affairs Department of the National Assembly asked for a write up of the recommendation made at the workshop. The recommendations and the workshop were carried out as part of the Vietnam Women's Economic Empowerment Project under the Australia-World Bank Group Strategic Partnership Program 2 (ABP2). The project is supporting the Government of Vietnam on its efforts to ensure that gender is addressed in legislation, including for example, the Labor Code
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  • 76
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: City Development Strategy
    Abstract: This study looks into the challenges and opportunities posed by urbanization in Guinea, reviewing briefly the trends at the national level but focusing on the urban area of Conakry. The main reasons for focusing on the urban area of Conakry are the following. While secondary cities in Guinea are growing economically and in population, Conakry already represents close to 50 percent of the urban population and its demographic growth outpaces that of other urban areas. This creates a sense of urgency to solving the country's capital problems. Secondly, Conakry remains the country's main interface for international trade through its port facility. Failure to address Conakry's issues, including congestion levels, would likely weaken its (and Guinea's) attractiveness in the long run. Follow-up studies could however look into Guinea's system of cities, including how they are connected to each other within the country and with their neighbors. The analysis presented in this review shows that urban areas in Guinea, and Conakryin particular are currently not acting as engines of growth and competitiveness and are failing at providing public services and quality living standards for their residents. It argues that the reasons are to be found i) in the business environment which, recent progress aside, stymies private sector job creation and economic diversification, ii) in Conakry's deficient connectivity system which acts as a bottleneck for residents to have access to economic opportunities, iii) in its obsolete and unenforced planning strategies and its rigid land markets and iv) in the lack of institutional clarity and financial resources which leads to underinvestment in public services
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  • 77
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy Notes
    Abstract: The 2012 national health policy is the overarching health policy framework in Zambia. The policy takes a human rights approach to health care provision, where all citizens are entitled to basic health care (Ministry of Health 2012). The policy is actualized through successive five-year national health strategic plans. Operationally, Zambia's health system is centralized, with delegated responsibilities from the center to lower levels of the health care delivery system. The Ministry of Health plays a dual role of policy formulation and strategic planning and delivery of health services, with provincial and district health offices being upwardly accountable to the Ministry of Health headquarters. Going forward, Zambia is in the process of launching two major reforms which will further affect the organization of the health sector. These are (a) implementation of the National Decentralization Policy, and (b) introduction of a National Health Insurance (NHI) scheme. The PHC function (including transfer of PHC staff to local government authorities) is among the front runner for decentralization. If national decentralization is fully implemented, it will affect the way health services are organized, delivered, and financed in the country. Thus, adequate preparations in the health sector are required to minimize challenges. Secondly, Zambia enacted the NHI Act in April 2018 which provides the legal mandate to establish the NHI management authority, and the NHI scheme. At the time of this study, it was envisaged that implementation of the NHI scheme will be done in a phased manner with a view of covering the entire population in the medium to long term. However, depending on the final design and implementation process, the NHI will have a substantial effect on the financing and delivery of health programs and services in Zambia. One of the immediate challenges will be providing insurance cover to the informal sector and indigent people in rural areas
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  • 78
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: Gross domestic product (GDP) growth in Nepal is estimated at 7.1 percent in FY2019, driven mainly by the service and agriculture sectors. The service sector is likely to grow by 7.5 percent due to a boost in the retail, hotel, and restaurant subsectors, driven by an uptick in tourist arrivals and remittance-fueled private consumption. Agriculture is estimated to grow by 5 percent in FY2019, well above its 30-year average of 3.1 percent, due to good monsoons, increased commercialization, availability of fertilizers and seeds, and improved irrigation facilities. Industrial growth is also likely to be strong at 8.1 percent, well above its 30-year average of 5 percent, mainly due to improved power availability from increased electricity generation. Private investment and consumption are likely to be the main contributors to growth on the demand side. However, public investment is projected to contract due to a slowdown in post-earthquake reconstruction and delays in national pride projects like Melamchi water supply and Upper Tamakoshi hydroelectric
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  • 79
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Financial Accountability Study
    Abstract: Good financial management ...
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  • 80
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Health Study
    Abstract: In the wake of the 2014 Ebola Virus Disease (Ebola) crisis, the international development community, including the World Bank Group (WBG), have taken various institutional and operational steps to improve the advice, investments, and financing instruments to support both the efficiency and effectiveness of emergency responses to infectious disease outbreaks. Several World Bank instruments have been developed or adapted to more promptly deliver financial resources. The objective of the study is to inform the design and implementation of financing for rapid response to outbreaks through an analysis of lessons learned from recent outbreaks in West and Central Africa. This report will explain the methodology used to collect and analyze study data. It will then review the background, findings, and observations on mobilizing domestic and external funds for response in light of the evolution of epidemics in West Africa, Nigeria, and Democratic Republic of the Congo. The report summarizes the recent changes and key remaining challenges globally and in select countries summarized by the four selected themes (governance, effective financing, efficient use of resources, and preparedness). This report then offers conclusions and recommendations from this qualitative study
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  • 81
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Public Expenditure Review
    Abstract: Benefiting from successful economic transformation after independence and the start of EU accession negotiations, economic activity in Montenegro has been solid, supporting the rise in incomes their convergence with the ones in the European Union. Inflation has been modest and kept in check. However, the import dependence of the growth model and the excessive reliance on the state to stimulate the economy have contributed to widening of external and internalimbalances as well as indebtedness. There have been recent efforts at fiscal tightening, but more needs to be done to address structural rigidities and boost the commitment to the objectives of economic policies. This is particularly the case with respect to the medium-term budget plans, public sector restructuring, pension and health reforms, improvements of market competition, and the labor market. Montenegro confronts today the need for further fiscal adjustment to turn the deficit into surplus and bring public debt below the Maastricht level. This would help creating the fiscal space for strengthening its convergence prospects with the EU and with the alignment with the rules in the eurozone, given the country's use of euro as the local currency. Fiscal and structural policies in an economy without monetary policy levers are of paramount importance to protect stability and competitiveness. This Public Finance Synthesis Report is a summary of policy discussions over the last few years carried out under the various World Bank activities, including the Policy-Based Guarantee, the analytical work under the topic of Jobs and Growth and on pharmaceutical reform issues). While the Government has already taken major efforts to address some of the critical bottlenecks in the economy, this synthesis report summarizes and outlines pathways to further strengthen the sustainability, efficiency, and effectiveness of public finances in Montenegro
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  • 82
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Urban Study
    Abstract: Urbanization in Myanmar is still in an early phase with slightly less than one-third of the population living in cities. This presents an enormous opportunity for the country. Cities are engines of growth and prosperity, which facilitate industries to grow jobs, services and innovations. Cities are also fundamental to lifting people out of poverty through increased employment opportunities and incomes to citizens. No country has reached middle income status without urbanizing. That being said, the way that cities urbanize is important to growth, poverty and livability. If adequate investments are not made in basic infrastructure and services, urban planning, and in ensuring a governance and financing structure that can deliver for residents, cities instead can end up with major problems of congestion, pollution, sprawl, and inequality which can create or worsen social divisions, and potentially contribute to crime and violence. The report, Myanmar's Urbanization: Creating Opportunities for All aims to understand urbanization in Myanmar drawing on the growing literature on the topic in Myanmar, especially for Yangon. It uses an inclusive urbanization lens and proposes a set of priority policy areas for urgent attention that will help to ensure the benefits of urbanization are widely realized given the projected growth of cities. An inclusion lens is particularly important in Myanmar as the country transitions from a complex history that has been characterized by decades of economic and political isolation, conflict, and underdevelopment. Inclusive urbanization is reliant on three keydimensions; economic, social and spatial. Economic inclusion refers to equitable access to employment and income-generating activities in a city, and resilience to shocks. Spatial inclusion refers to equitable and affordable access to land, housing, infrastructure and basic public services. Social inclusion relates to individual and group rights, equity, security and dignity. Such aspects of social inclusion and exclusion are relevant to groups who are often marginalized inday-to-day urban life
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  • 83
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Infrastructure Study
    Abstract: The power sector is both highly vulnerable to natural hazards and a priority for any country'srecovery and reconstruction. After Hurricane Maria in Puerto Rico in 2017, most of the power gridwas down. One year and tens of billions of dollars later some customers were yet to be reconnected to the main grid. This type of long and widespread power outage has major consequences on people's health and well-being, for instance through lacking access to refrigeration for food and medicine, and on the ability of firms to produce and provide people with goods, services, jobs, and income. In most countries, the power system is designed to cope with high-frequency but relatively low impact events. Low-frequency, high-impact events - such as many natural disasters - are rarely considered fully, and the implementation of planned management measures is often patchy. Furthermore, the power system is a special kind of infrastructure due to the heterogeneity of the generation assets and its wide spatial distribution. The latter means that power systems are often exposed to natural hazards and sometimes to more than one hazard, leading to high repair costs when disasters strike. This paper, prepared as a sectoral note for the Lifelines report on infrastructure resilience, investigates the vulnerability of the power system to natural hazards and climate change, and provides recommendations to increase its resilience. It first describes how power outages are often the consequence of natural disasters and outlines the main vulnerabilities of the power sector. It then proposes a range of approaches and solutions for building a more resilient power sector - from increased robustness to greater flexibility - showing that the additional cost of resilience is not high if resources are well spent. Finally, it describes how emergency preparedness and disaster recovery encompass not only technical aspects, like asset strengthening or criticality analysis, but also "softer" skills, like governance, regulatory or capacity building, and education
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  • 84
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Infrastructure Study
    Abstract: Water systems are a special kind of infrastructure systems because they perform a dual role: theyprovide water services while also reducing risks to other services from natural hazards such asfloods and droughts. This report aims to inform water system managers on the importance of andmeasures to build the resilience of water service provision to natural hazards and climate riskswhile ensuring that water systems can safeguard service provision by reducing their exposure tothe risks associated with natural hazards. When choosing resilience measures, water systemsmanagers should consider the following six principles while also incorporating the concept ofdecision making under deep uncertainty: 1) knowing the system through network analysis andcriticality assessment; 2) improving maintenance to reduce vulnerability and improve resilience;3) involving users for active demand management; 4) working with nature to manage and respondto risks; 5) developing and improving contingency management; and 6) applying innovation whereappropriate. In addition, since water systems reduce the risks associated with certain naturalhazards to other services like power, transport and water itself, such safeguard services shouldbe accounted for when making the case for resilience investments in water systems
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  • 85
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Country Gender Assessment
    Abstract: The Croatia Country Gende ...
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  • 86
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: Myanmar's economy is slowly picking up speed and regaining stability after a volatile 2018. Despite a challenging global environment, Myanmar's economic growth is expected to rise to 6.5 percent in 2018/19 from 6.4 percent in the Transition Period1 supported by strong performance in the manufacturing and services sectors. Volatility that buffeted the economy in 2018 has started to ease. Inflation moderated, the kyat stabilized, and fuel prices fell in Q1 2018/19, though there have been some reversals in prices in Q2. The economic outlook looks positive, with growth expected to reach 6.7 percent in the medium-term. The recent decisions to ease trade restrictions; open the financial sector to greater foreign competition; and begin mega infrastructure projects signal a decisive and awaited uptick in reform momentum. Downside risks to the economic outlook are driven by external factors, including possible revocation of preferential trade access under the European Union Generalized System of Preferences. Slowing global and regional growth, especially in China, together with renewed escalation of global trade tensions, could also slow exports and the flow of inbound foreign investments. Insecurity in border areas, the Rakhine crisis, with violence and forced displacement of refugees, and the recent flare-up in violence involving the Arakan Army, could affect investors' sentiment. The 2020 general election is also a source of uncertainty
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  • 87
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Health Study
    Abstract: The country brief provides and overview of Tobacco Use, Tobacco Control Legislation, and Taxation in Ecuador. Ecuador has a strong tobacco control policy. A comprehensive tobacco control law was adopted and implemented. In 2017, Ecuador was awarded the World No Tobacco Day Prize of the World Health Organization (WHO) for its tobacco control efforts and implementation of the WHO Framework Convention on Tobacco Control (FCTC). Such policy was very beneficial to public health: according to the National Institute of Statistics and Censuses (INEC), the prevalence of daily smoking among people aged 15 years and older was 9.5 percent in 1998, and in 2014 it reached 2.8 percent. Estimated annual cigarette consumption in Ecuador declined from about three billion cigarettes in 2007-2010 to about one billion cigarettes in 2017. The pricing policy of the tobacco industry also contributed to the reduction in cigarette affordability and cigarette sales in Ecuador. However, due to such pricing policy, the tobacco industry apparently increased its profits despite the sharp decline in cigarette sales in the country. These recommendations could bring both public health and fiscal benefits to Ecuador : specific excise rate for cigarettes should be annually increased by at least 20 percent to ensure the reduction in tobacco affordability and the increase in the excise revenues, tobacco use surveillance and monitoring should be further developed in Ecuador, including a regular collection of information on smoking prevalence, tobacco consumption, licit and illicit cigarette sales, prices, and other economic indicators, and effective policies to counteract tobacco smuggling and other kinds of illicit tobacco sales should be implemented in line with the provisions of the FCTC Protocol to Eliminate Illicit Trade in Tobacco Products
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  • 88
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Health Study
    Abstract: This country brief provides an overview of tobacco control legislation, use, and taxation in the country. This country brief provides an overview of tobacco control legislation, use, and taxation in the country. Nicaragua became a Party to the WHO Framework Convention on Tobacco Control in 2008 and was the first country in the world which ratified the FCTC Protocol to Eliminate Illicit Trade in Tobacco Products. Data on smoking prevalence and tobacco consumption in Nicaragua are scarce, and it is difficult to estimate recent tobacco consumption trends among adults. However, the decline in the prevalence of current smoking among GYTS participating adolescents from 20.4 percent in 2003 to 13.8 percent in 2014 among boys and from 12.8 percent in 2003 to 10.3 percent in 2014 among girls may be considered an indicator of tobacco control policy success. In 2009, Nicaragua switched from ad valorem to specific excise system for cigarettes. The specific excise tax rates and cigarette prices increased in 2012-2016. Available data demonstrate some decline in cigarette sales in Nicaragua in 2013-2017, as cigarettes became less affordable after the price increase and the taxation policy was beneficial for public health. Specific excise rates in 2017 and 2018 were increased by only 5 percent annually, and it was insufficient both for the reduction of tobacco affordability and for the increase of the government revenue. In February 2019, Nicaragua adopted rather substantial cigarette excise hikes: by 210 percent in 2019 and further by 25 percent in 2020 and 38 percent in 2021. These tax hikes are able to reduce tobacco consumption in the country and bring additional resources to the government coffers. However, the tobacco industry will probably try to distort positive results of the taxation reform. The government should be ready to counteract these tactics using the experience of other countries and conducting careful and timely monitoring of indicators of cigarette prices, supply, and sales. Tobacco use surveillance and monitoring should be developed in Nicaragua, including a regular collection of information on smoking prevalence, tobacco consumption and various economic indicators
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  • 89
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Health Study
    Abstract: This brief provides an ov ...
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  • 90
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Health Study
    Abstract: Smoking prevalence Tajikistan remains rather moderate. According to the Global Adult Tobacco Survey (GATS) conducted in 2016, smokers constitute 6.3 percent of the adult population of Tajikistan. However, 12.5 percent of study participants reported consuming smokeless tobacco (nasway). Tajikistan joined the Framework Convention on Tobacco Control (WHO FCTC) in 2013. Tobacco control legislation was adopted in 2010 and amended in 2017 in line with the FCTC guidelines. The new pictorial health warnings should cover at least 75 percent of the surface on both largest sides of the packs. The amended law bans point-of-sale advertising. However, tobacco excise rates in Tajikistan were very low, and tobacco affordability was growing. In July 2018, the cigarette excise rates were increased almost 10-fold, but cigarette prices increased in 2018 only by 19 percent as the excise is still very low in monetary terms (about 0.25 USD per pack of 20 cigarettes). Cigarette taxes and prices in Tajikistan are still lower than in neighboring countries, and cigarette smuggling out of Tajikistan exceeds cigarette smuggling into the country. Special policies aiming to discourage nasway use and related surveillance activities should be implemented in Tajikistan, while the introduction of excise or other taxes for such a home-made product can hardly produce substantial benefits. Tobacco use surveillance and monitoring should be developed in the country including publicly available information on sales of tobacco products, as well as their prices, excise revenue, and other economic indicators. Tajikistan has a great potential to increase tobacco excise rates in 2019 and in the following years, as well as to contribute to health objectives related to the reducing tobacco use. The greater the excise tax increase, the larger both the reduction in tobacco consumption and tobacco excise revenue growth will be
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  • 91
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: The Rwanda Economic Update (REU), published twice a year, analyzes recent economic developments and prospects and policy priorities in Rwanda. It is intended for a wide audience of policymakers, business leaders, other market participants, analysts engaged in Rwanda's economy, and civil society. The REU draws on available data reported by the Government of Rwanda and additional information collected as part of the World Bank Group's regular economic monitoring and policy dialogue
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  • 92
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Health Study
    Abstract: Health indicators in the Philippines currently lag well behind what will be expected given the country's level of economic development. Immunization rates are at their lowest point in 10 years, maternal mortality remains very high, one in three Filipino children suffer from malnutrition, and the noncommunicable disease (NCD) burden is growing. The resulting epidemiologic profile is complex, and an adequate response requires a robust primary health care system. With the introduction and subsequent expansion of the social health insurer, administered by the Philippine health insurance corporation (PhilHealth), the central government has sought to ensure access to a number of high-priority health services, including at the primary level. However, much of the responsibility for implementing the publicly funded health system is at the local level, where capacity and resources differ. This paper seeks to understand the extent to which basic service delivery units (specifically rural health units (RHUs)) have the capacity to deliver the primary health care services mandated by the government
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  • 93
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Environmental Study
    Abstract: Despite its relatively modest footprint, mining is an important driver of deforestation and degradation in tropical forests, often as a result of indirect impacts from associated infrastructure, unplanned development, and in-migration. The World Bank program on extractive industries in forest landscapes aims to ensure that this sector does not erode forest capital, but rather enables client countries and the World Bank Group to make better-informed decisions about minimizing trade-offs and maximizing benefits from forest-smart mining. This document presents five detailed case studies: (1) ArcelorMittal's iron ore project in Liberia, (2) Newmont's Akyem project in Ghana, (3) Compagnie des Bauxites de Guinee and Guinea Alumina Corporation's bauxite projects in Guinea, (4) wildlife works' carbon offset project in Kenya, and (5) Aston Coal's Maules Creek coal mine in Australia. Together, they highlight the spectrum of challenges faced by those aiming to implement enduring offsets. The selection of studies was based on their different types of forest landscapes, inclusion of World Bank Group projects, variety of minerals, and availability of data, which constrained the geographical spread of case studies. Section one gives introduction. Section two presents the key lessons learned. The detailed case studies are presented in sections three to seven. Section eight summarizes some practical challenges that may undermine the successful implementation of offsets. Finally, section nine offers some concluding observations
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  • 94
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy Notes
    Abstract: Mexico's economy has grown moderately over the last quarter century, with annual per capita GDP growth averaging just 1.2 percent between 1990 and 2017. The country's weak economic performance reflected a decline in productivity, which fell by 8 percent during that period. Mexico's productivity challenges are associated with large and widening regional disparities and the misallocation of resources between sectors and firms. Large productive firms integrated with Global Value Chains have not developed backward linkages to the rest of the economy and lagging regions. Meanwhile, widespread labor and firm informality contributes to the misallocation of productive resources. Reversing the decline in productivity will require an integrated strategy encompassing multiple policy areas and sectors. This broad strategy should include strategies discussed in other policy notes: (i) alleviating rigidities and distortions in labor markets and improving access to credit; (ii) alleviating existing rigidities and obstacles to competition across sectors and sub-sectors while following through with the structural reforms enacted; (iii) designing and implementing effective interventions at the subnational levels to enhance both product and factor markets; (iv) dealing with the financing of social insurance schemes; and (iv) strengthening rule of law institutions at the federal and local levels. This note focuses on critical aspects of the diagnostic around the productivity dynamics in Mexico. It also links the aspects of the strategy above-highlighted to specific policy recommendations on other Policy Notes of this set given the cross-cutting nature of productivity growth. It also focuses on providing policy directions on: (i) strengthening institutions and programs working directly on the productivity agenda; (ii) selected sub-national interventions to ease the regulatory burden; and (iii) proposing a broad and integrated strategy for fostering formalization
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  • 95
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy Notes
    Abstract: Colombia's solid economic growth since early 2000s has led to significant social improvements. Since the turn of the century, extreme poverty in Colombia almost halved, falling from 17.7 percent in 2002 to 7.4 percent in 2017. Similarly, moderate poverty fell from 49.7 percent to 26.9 percent over the same period (Figures 1 and 2). In absolute terms, the number of poor individuals in Colombia declined from about 20 million in 2002 to approximately 12.8 million in 2017. The downward trend in poverty was halted in 2016, however it went back to its downward trend on 2017. From 2016 to 2017 both moderate poverty and extreme poverty decrease in 1.1 percentage points (p.p.), moderate poverty went from 28 to 26.9 percent, while, extreme poverty was 8.5 percent in 2016 and 7.4 in 2017. Such decrease was primarily driven by a lower incidence of poverty in rural areas, where extreme and moderate poverty rates fell respectively by 2.7 and 2.6 pagesp. Similarly, the urban areas saw a reduction of moderate poverty (from 24.9 to 24.2 percent), while extreme poverty rate has remained virtually flat since 2014, at around 5 percent
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  • 96
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Agricultural Study
    Abstract: About 80 percent of the poor households in Timor-Leste live in rural areas and are dependent on agriculture for their livelihood. It is therefore widely acknowledged that growth in the agriculture sector is an important channel through which poverty can be reduced in the country. That notwithstanding, the country's agricultural production system is one of the least developed in the world and all subsectors are dominated by subsistence systems and by farmers who are very risk averse. Agricultural productivity in the country is also well below that of other small island developing states and has fallen below the average for other low-income, food-deficit countries in recent years making the sector underperform in terms of its contribution to food security, sufficient livelihood, and overall economic growth. Using data from the 2007 and 2014 of the Timor-Leste Survey of Living Standards, the note provides insight into the extent to which increases in agricultural productivity can contribute to poverty reduction, including assessing the drivers of, and identifying the constraints to, increasing agricultural productivity in the country. The note finds that improvements in agricultural productivity reduce the probability of being poor among agricultural households. Yet, improving productivity goes beyond the confines of raising yield or decreasing cost to include enhancing food quality and promoting higher value products. to do so, the following factors ought to be considered: facilitation of mechanization, improvement in the use of chemical (fertilizer, pesticides, and herbicides) inputs, enhancement in access to credit and extension, encouragement to farmers to join farmer groups, expansion of the commercialization of farm produce, and reduction in the gender gap in agricultural productivity. Investment in the sector can be improved by allocating the limited public funds more strategically and better correspond with local poverty. The findings from this study contribute to existing evidence pertinent to guide how agricultural policy can effectively help reducing poverty in the country
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  • 97
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy Notes
    Abstract: Investment in young children in Liberia is a critical aspect to Liberia's development agenda. While progress is being made, greater momentum is needed to ensure that young children develop and thrive along physical, cognitive, language and socio-emotional dimensions. The quality and quantity of early experiences in the first thousand days lay the foundation for children's brain development, which includes good nutrition, early stimulation, and safe and secure environments. Healthy brains in turn influence health and education outcomes in subsequent years which translates into economic growth. Investments in early experiences yield better health, better school readiness, and higher academic performance which in turn leads to higher economic productivity. The pathway to early childhood development (ECD) starts in utero, therefore, investments in pre-natal services and healthy pregnancies are the starting points to healthy childhoods and productive adulthood. Investment in the early years is a proven gateway to a country's economic growth and development. to reap full benefits of ECD investments, it is critical to start early and integrate programs across health, nutrition, education, and social or child protection sectors. Over the past three decades, Liberia made some improvements in the well-being of the youngest in the country. Despite progress, coverage of services remains low across the ECD continuum from conception through birth to child health and pre-school packages. to conclude, existing guidelines for center or facility-based delivery of ECD services should be reviewed and revised to ensure integration of services
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  • 98
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy Notes
    Abstract: Achieving universal health coverage (UHC) in Pakistan, as in most countries, will require strengthened collaboration between the public and private sectors, as the public sector often does not have the flexibility nor the fiscal space to grow service delivery capacity at sufficient pace and quality. However, successful partnering with the private sector through various forms of contracting and service agreements including public-private partnerships (PPPs), requires the appropriate analysis and identification of the gaps in service provision. to that end, this study aims to assist the government of Sindh (GoS) in identifying opportunities to engage the private health sector more effectively, to help provide affordable, quality primary health care (PHC) services to the urban poor whilst also creating evidence for the better integration of the private health sector in health service delivery. As part of the initial phase of this advisory work, and operating within a limited time-frame and funding environment, this policy note presents the initial set of observations and recommendations, based on the information collected via questionnaires and informant interviews, as well as secondary data or existing studies
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  • 99
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Economic Updates and Modeling
    Abstract: The Thailand Economic Monitor (TEM) consists of two parts. Part 1 of the TEM reviews recent economic developments, examines the country's macroeconomic outlook, and analyzes the impact of key policy changes. Part 2 focuses on a specific subject with critical implications for Thailand's long-term growth prospects. This edition of the TEM analyzes the power of financial technology (fintech) to support financial inclusion, a key element of the 20-Year National Strategy
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  • 100
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy Notes
    Abstract: The start of a new administration offers a tremendous opportunity for Malawi to build upon recent progress to move beyond a history of low growth and limited poverty reduction. This package of policy notes is addressed to Malawian society and to the beginning of a new administration following the May 2019 elections. It provides the World Bank's diagnosis of Malawi's main economic and social development challenges and charts a possible course to address them. The insights offered draw upon a wealth of analysis carried out in the past few years by the World Bank country team, including a comprehensive Systematic Country Diagnostic and a recent Country Economic Memorandum
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