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  • 101
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Systematic Country Diagnostics
    Series Statement: World Bank E-Library Archive
    Abstract: The Seychelles Systematic Country Diagnostic (SCD) aims to identify the most pressing constraints to inclusive, sustained growth in Seychelles, based on a comprehensive search for, and analysis of, evidence. The SCD is presented using a slide deck which lays out the analysis and results. This document provides a brief overview of the approach taken, and sets the stage for the SCD. It also provides additional information: six selected supplementary topical notes, and annexes (data diagnostic, summary of consultations, and sources). The framework adopted by the SCD takes as its starting point that Seychelles is a successful, high-income, small island state. The country now seeks to secure the sustainability of its development progress to date, to accelerate this progress, and to address a high level of public concern being reflected in political discourse over disparities in incomes and opportunities. The SCD examines Seychelles' economic growth characteristics, the characteristics of poverty and income distribution (inclusion), and the risks to environmental, social and macroeconomic sustainability. The approach is systematic in that it attempts to be as comprehensive as possible, within the constraints of the available data, by harnessing the existing evidence and conducting new analysis where feasible, informed by consultations. Finally, the SCD sorts the 13 constraints identified into five top priorities, five additional priorities, and a further three areas which should be considered for priority action, subject to confirmation from additional analysis ('likely priorities'). This prioritization was based on an assessment of how important each constraint was, directly, to meeting the relevant challenge, indirectly, through its potential impact in helping to loosen other constraints (complementarity), the strength of the evidence base on the importance of the constraint, and, finally, the attainability of addressing the constraint (reflecting factors such as cost, technical difficulty and timeframe)
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  • 102
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Systematic Country Diagnostics
    Series Statement: World Bank E-Library Archive
    Abstract: Solomon Islands is a small, remote archipelago in the South Pacific that faces a fairly unique set of development challenges. Solomon Islands is now at a critical juncture in its development trajectory. Neither the economic geography nor the present political economy of Solomon Islands is particularly conducive to the establishment of state institutions capable of managing upcoming socioeconomic change. Because of the weaknesses of state institutions, and consistent with Solom on Islands' historical experience, a variety of non-state and international actors will need to play important roles in managing upcoming and potentially risky socioeconomic change. This Systematic Country Diagnostic (SCD) for Solomon Islands identifies key challenges and opportunities for achieving inclusive and sustainable growth, to accelerate progress toward the World Bank Group's twin goals of reducing extreme poverty and promoting shared prosperity
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  • 103
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: Zimbabwe's economy grew by 0.7 percent in 2016 despite the combined effect of the El Nino drought and domestic financial turmoil. The drought reduced agricultural output and increased food prices towards the end of the year, despite the government's efforts to boost production and stabilize prices. The public provision of agricultural inputs, the creation of food-for-work programs, and the establishment of price supports for staple foods accentuated the government's expansionary fiscal-policy stance. Meanwhile, the government also increased spending on a cash basis to clear domestic arrears. The authorities financed much of the widening fiscal deficit by issuing Treasury bills purchased by commercial banks and a US
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  • 104
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Series Statement: World Bank E-Library Archive
    Abstract: This policy note discusses promoting inclusive growth by creating opportunities for the urban poor and is part of a broader Philippines urbanization study. Inclusive urbanization requires an integrated multi-dimensional approach that addresses three key dimensions of inclusion - economic, spatial, and social. The three dimensions of inclusion are interrelated and mutually reinforcing. Currently cities fail to keep pace with the rapid urbanization in the Philippines and multi-dimensional poverty in urban areas is deepening and widening. With in-migration from rural areas to urban centers came surges in demand for jobs, housing, infrastructure and basic services in major cities. Yet, the Government has been unable to address the increased demand given the accelerated pace. The result has been proliferation of informal settlers in urban areas without adequate access to decent living conditions. Addressing urban poverty and inequality remains an important challenge for the Philippines and will require a holistic approach that integrates all dimensions of inclusive urbanization
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  • 105
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Partnership Frameworks
    Series Statement: World Bank E-Library Archive
    Abstract: The Country Partnership Framework (CPF) for Belize covers the period from July 1, 2017 to June 30, 2022 (FY18-22). It presents the World Bank Group's (WBG) program and the anticipated results framework. It builds on the results and lessons of Belize's first Country Partnership Strategy (CPS) that covered the period FY12-15. This CPF is well aligned with the Government's long-term development vision, Horizon 2030: National Development Framework 2010-2030, and the thematic priorities emerging from the 2016 Belize Systematic Country Diagnostic (SCD). The overarching goal of the proposed CPF is to support Belize in strengthening its economic resilience. Recognizing the special characteristics of a small state with associated capacity and absorptive constraints, the CPF proposes a consolidated and focused program. This will be the second full strategy for Belize, with the engagement still maturing, and it factors in lessons from the implementation of the first strategy. Therefore, the CPF will retain flexibility in some elements of the engagement that will be further defined with the Government during implementation. The Performance and Learning Review (PLR) at mid-point will incorporate necessary adjustments including in the Results Framework. The CPF is organized around two focus areas: (a) fostering climate resilience and environmental sustainability; and (b) promoting Financial Inclusion and social resilience. To support these focus areas, the CPF envisages the implementation of a program that could reach up to US
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  • 106
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Partnership Frameworks
    Series Statement: World Bank E-Library Archive
    Abstract: Thirty years after the launch of the economic reforms known as Doi Moi, Vietnam is considered a development success story-marked by remarkable poverty reduction and economic growth. Notwithstanding notable achievements, development challenges persist. The last World Bank Group (WBG) country strategy for Vietnam, the FY12-16 Country Partnership Strategy (CPS), was presented to the WBG Board of Directors on December 15, 2011.The Vietnam Country Partnership Framework (CPF) covers the period FY18-22. It has been prepared based on analysis and conclusions in Vietnam 2035: Toward Prosperity, Creativity, Equity, and Democracy (Vietnam 2035)1 and in the 2016 Vietnam Systematic CountryDiagnostic (SCD), and informed by the CPS Completion and Learning Review (CLR) and the 2016 Client Survey. The CPF is fully aligned with the Government of Vietnam's (GoV) 2010-20 Socio-Economic Development Strategy (SEDS) and the recent 2016-20 Socio-Economic Development Plan (SEDP). The CPF responds to priorities for support expressed by the government and builds on the WBG's comparative advantage.The CPF is prepared at a critical juncture in Vietnam's development and at a time of transition. FY18 represents a new period in GoV-WBG relations as Vietnam graduates from the International Development Association (IDA) at end-FY17. Moreover, success raises expectations-Vietnam has high ambitions for further development and growth, aspiring to modernity, industrialization, and a better quality of life.The CPS has three pillars: (i) strengthen Vietnam's competitiveness in the regional and global economy; (ii) increase sustainability of the country's development; and (iii) broaden access to economic and social opportunity, supported by three cross-cutting themes: (a) strengthen governance, (b) promote gender equality, and (c) improve resilience related to external economic and climatic shocks
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  • 107
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: River and basin management covers various factors, including disaster management, river water use, and conservation of the river environment. Any of these factors involves a number of intricately intertwined stakeholders who may have different needs. Over time, efforts to manage water-related disasters in Japan have led to the concept of integrated river basin management and to a mechanism allowing central management of river basins by river management authorities. These attempts to promote more advanced integrated management of river basins have provided the foundation of social and economic development in Japan today. The collected hydrological data and forecast information are used by river management authorities themselves and also delivered to municipalities, fire and police authorities, and the Self-Defense Forces in an effort to prevent disasters from occurring, assist residents in evacuating safely, and provide emergency response quickly. At present, hydrological information is used for operating and managing structures such as dams and water gates, monitoring unusual events during floods, and forecasting inundation. This is widely shared by local governments, which make decisions on evacuation orders and advisories; organizations that support disaster management efforts of local governments; government headquarters for disaster control, which are activated in case of large-scale disasters; organizations that operate lifeline utilities (e.g., electric power, gas) and traffic infrastructure (e.g., expressway, railway); and mass media
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  • 108
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: It is clear that disasters from natural hazards are having extensive impacts on vulnerable communities and the economies of many nations. Japan's comprehensive multi-hazard approach covering weather, climate, ocean-related, and terrestrial services has been applied and developed through numerous experiences of disastrous events, such as the 2011 Great East Japan Earthquake, strong typhoon landfalls, and volcanic eruptions. This summary report aims to provide a knowledge base for policy and decision makers that will allow governments and sponsor organizations to understand the fundamental operations of weather, climate, and hydrological services (together constituting Hydromet services) and consequently target effective funding, in particular to developing countries. It summarizes two detailed and comprehensive supporting reports: (i) a background paper by the Japan Meteorological Business Support Center (JMBSC) on meteorological services; and (ii) a background paper by the Foundation of River and Basin Integrated Communications, Japan (FRICS), on hydrology and water resources. The Japanese model of hydromet services outlined in this summary report and the background papers is an excellent example of a modern service with strong government involvement and institutional governance built up over decades, comprehensive infrastructure, and sound and advanced service delivery. This paper is arranged as follows: (a) Section 2 explains the key historical phases of modernization of each service (as described in the background papers), which led to the current integrated modern service provided for the public good; and (b) Section 3, concludes with a synthesis of the key elements of the Japanese experience understood as a model for countries undertaking modernization, and discusses possible implications for developing countries
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  • 109
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Women in Development and Gender Study
    Series Statement: World Bank E-Library Archive
    Abstract: This report summarizes the challenges facing Armenian women at school and in the workplace with a special focus on STEM-related employment. As the world transitions to an increasingly digital economy, jobs in science, technology, engineering, and mathematics (STEM) will become a powerful driver of economic growth in the twenty-first century. Changes in economic productivity brought through technological innovation require countries to focus on STEM; these high-productivity fields are increasingly in demand in the global economy, and are the key to competitiveness and gross domestic product (GDP) growth.Parity between men and women was one of the major achievements of socialist regimes in Eastern Europe and Central Cultural stereotypes about the types of work women should engage in and their responsibilities at home present the strongest barrier to equality between women and men in Armenia Asia. Although access, enrolment, and achievement rates are gender-equal in Armenia, women and girls tend to self-select out of STEM education tracks and career fields. At the level of education institutions, policy actions can address issues of access, information, biases, and system-wide changes to promote gender neutrality. In the short term, schools can engage teachers and students in discussions about the benefits of STEM fields of study and careers, encourage girls to embrace their interest in math and science, and provide positive role models of women who work in STEM careers. Policy action can help women make the school-to-work transition and promote their career advancement once they are working. At a national level, policy and regulatory actions can address systemic issues of bias, market failure, and information. Even at this level, some quick wins are feasible. The government may consider whether public information campaigns are needed to promote positive aspects of STEM careers to students in middle school and above, such as greater income, flexibility, and status, as well as launch a media campaign to promote and celebrate positive female role models in STEM. STEM sectors are an important source of growth for Armenia given the country's geography and closed borders. Also, considering Armenia's adverse demographic trends, lifting women's participation in key growth potential sectors, including STEM, is increasingly critical
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  • 110
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: Economic activity is rebounding strongly in Nepal following two challenging years. On the back of one of the best monsoons in recent years, rice production is estimated to have reached a record high at 5.2 million tons, up from 4.2 million tons a year ago, boosting agricultural output. Postearthquake reconstruction activities are picking up after a slow start. All eligible houses about half a million have received the first of three tranches of the housing grant. The second tranche of the housing grant has started, and is expected to pick up by the end of FY2017. More than 100 megawatts (MW) of hydropower capacity, which was delayed by the earthquakes and trade disruptions, have come on stream. There has been a revival of transport and full normalization of wholesale and retail trade. Tourism is also recovering as arrivals reached precrisis levels during the September-December 2016 tourist season
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  • 111
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Series Statement: World Bank E-Library Archive
    Abstract: Kazakhstan is facing its greatest economic challenge since the global crisis. With oil prices at US
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  • 112
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Financial Sector Study
    Series Statement: World Bank E-Library Archive
    Abstract: While current legislation in Serbia covers some fiscal risks and some aspects of how to manage them, important gaps remain in the country's fiscal risk management framework. Based on discussions at a workshop on fiscal risk management held in Serbia in March 2016, stakeholders from across the government have agreed on the need to establish a Fiscal Risk Management Department (FRMD) within the Ministry of Finance. The stated objective of the new department would be to strengthen fiscal risk management and coordination across the government. Specifically, the responsibilities of the department would include (i) ensuring that fiscal risks are properly identified, quantified, monitored, mitigated, and disclosed, and collecting all available information and analysis relevant for fiscal risk management; (ii) providing advice to the minister of finance on issues of fiscal risk and recommending actions to mitigate risks; and (iii) coordinating all government entities that are involved in or relevant for fiscal risk management
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  • 113
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Water Papers
    Series Statement: World Bank E-Library Archive
    Abstract: This analysis looks specifically at the need to ensure continued development of water resources within Lesotho and aims to empower stakeholders to act with more confidence by demonstrating that the implementation strategies can provide benefits to water resources management over a broad range of possible future scenarios. The analysis quantifies a range of possible future conditions to demonstrate the benefits that can be realized over a broad range of possible future outcomes. This quantification is based on a water resource decision support model developed specifically for Lesotho, using the Water Evaluation and Planning (WEAP) model which couples climate, hydrologic, and water management systems to facilitate an evaluation of the uncertainties and strategies of impacts on specified management metrics. The WEAP model was used to simulate the historic climate based on data from the national government archives and global datasets available in the public domain. These included 121 downscaled Global Climate Model (GCM) projections of future climate over two possible water demand future scenarios, for a total of 244 scenarios up to the year 2050. The analysis concludes the following: (a)Climate change has important determinants for the future, long-term sustainable macroeconomic development of Lesotho: (b)Domestic and industrial water security is highly vulnerable under historical and current climate conditions, as well as under the full range of climate future scenarios; (c) Agriculture production will remain vulnerable to inter-annual variability over the coming decades, particularly with continued reliance on rain fed agriculture; and (d) The Lesotho Highlands Water Project (LHWP) will continue to reliably meet transfers to South Africa over the coming decades unless climate conditions are about 5 percent drier or more than the historical record
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  • 114
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Agricultural Study
    Series Statement: World Bank E-Library Archive
    Abstract: The Aral Sea Basin consists of the drainage area of two major rivers, the Amu Darya and the Syr Darya. The rivers originate in the Tien Shan Mountains and the Pamirs, and run through Afghanistan, Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan. An estimated 116 k
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  • 115
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Series Statement: World Bank E-Library Archive
    Abstract: In late 2013, the Ministry of Finance (MoF) of the Federal Government of Somalia (FGS) requested that the World Bank and UNSOM jointly conduct a public expenditure review of the security and justice sectors (SJPER). An SJPER is a tool to assist policy and operational decision-making, analyze tradeoffs, and provide options on critical financially-related issues in defense, as well as criminal justice and policing. Three years later, Somalia is undergoing yet another political transition with the election of a new parliament and ultimately a new president. These steps will augur in a new government in 2017 that will be charged with finalizing some of the key issues around the constitution, including the relationship between the federal state and its federal members, as well as leading the country to democratic elections in 2020. Security and justice issues are hinged to many of these overarching political questions; these are two fundamental 'public goods' that are central to the (re)building of the Somali state and the transition from war to peace. In this context, the SJPER is a technical tool to assist the FGS, the federal members, and their international partners in placing these critical security and justice policy questions within a public finance perspective. As a tool, rather than a one-off report, it should be used by the authorities and partners going forward in terms of testing the critical policy questions against the key dimensions studied here, including affordability, efficiency and effectiveness and accountability
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  • 116
    Online Resource
    Online Resource
    Washington, D.C : World Bank
    ISBN: 9781464811449
    Language: English
    Pages: 1 Online-Ressource (pages cm)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als
    DDC: 333.91/150956
    Keywords: Water resources development ; Water resources development ; Water-supply ; Water-supply
    Abstract: Executive summary -- Water security -- Profiling water security in the Middle East and North Africa -- The water security dividend -- Appendix -- Table A.1. Definition of indicators and data sources -- Table A.2. Data sources for the country profiles.
    Note: Includes bibliographical references and index
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  • 117
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Law and Justice Study
    Abstract: Discrimination against lesbian, gay, bisexual, transgender and intersex (LGBTI) people is widespread and LGBTI exclusion from economic markets, vital services and political spaces is entrenched. This is not just a personal problem, it is a development challenge; not only because discrimination is inherently unjust, but also because "there are substantial costs - social, political, and economic - to not addressing the exclusion of entire groups of people." Understanding the barriers LGBTI people face in accessing markets, services, and spaces is important for designing more inclusive policies and programs
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  • 118
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The main body of the report is organized in two chapters with three supporting annexes. Chapter one focuses on recent economic developments in the real, fiscal and banking sectors, while providing a near term outlook that highlights critical challenges facing the Palestinian economy. Chapter two provides input on a new vision for growth and job creation, with quantification of the potential gains. It contains critical messages for the GoI, the PA and the international donors on steps to create an environment conducive to the needed private sector investment. Annex one assesses the status of the World Bank recommendations to the AHLC meeting over the years, many of which relate to the constraints identified in chapter two. While there are developments, overall progress from the GoI and the PA has been minimal. Annex two provides an update on the disbursement of pledges made at the Cairo conference in October 2014 on reconstructing Gaza. Donor support by mid-July 2017, at 53 percent of Cairo conference pledges, had barely changed from the December 2016 position, and there are limited prospects of further contributions. Most of the gap can be attributed to the larger pledgers at the conference. Finally, annex three provides some methodological notes on the specifications of the CGE model and assumptions used to quantify the external and internal constraints
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  • 119
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Health Study
    Series Statement: World Bank E-Library Archive
    Abstract: The Service Delivery Indicators (SDI) program aims to document what results are obtained through public spending in the health and education sector. The focus is on the individual dimensions, whether effort (presence and workload) or knowledge (diagnostic accuracy, adherence to clinical guidelines, and case management). These dimensions are not routinely measured and reported publicly in a comparable fashion, yet are among the factors that influence policy outcomes in health. The remainder of this document is organized into three major sections: methodology and implementation; results; and implications for Niger. Annexes present details of the sampling strategy, definitions of the indicators, and additional results. A final section presents the references consulted or cited
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  • 120
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Europe and Central Asia Economic Update
    Series Statement: World Bank E-Library Archive
    Abstract: Public concerns in Europe and Central Asia over the recent sharp increase in asylum seekers and undocumented migrants seem to reflect a broader anxiety about reduced job security, caused by technological developments and internationalization of production and work. Policy reforms should help both migrants and non-migrants cope with increased and unavoidable flexibility in labor markets
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  • 121
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Water and Sanitation Program
    Series Statement: World Bank E-Library Archive
    Abstract: Cities in the developing world are witnessing unprecedented growth rates. It is expected that 70 percent of the global population will live in cities by 2050. In urban areas, as in rural areas, women and girls are often the primary users, providers, and managers of water in their household, and are the guardians of household hygiene and health. In spaces of urban poverty, such as slums, women and girls experience multiple deprivations that arise from insecurity of land tenure, informal access mechanisms, over- crowding, and the various stresses of urban life. The water supply and sanitation sector, is the juncture at which broader goals of poverty alleviation, social development, gender equality, and sustainable urban development converge. How issues of gender and urban poverty can be addressed comprehensively in the design and implementation of urban water supply and sanitation (UWSS) programs is not yet well understood. In order to address these gaps in knowledge, the World Bank commissioned a study to analyze UWSS issues among the urban poor through a gender and social exclusion lens. Using India, with its burgeoning population and growing number of urban poor, as the context, this study assesses how women, girls, and socially excluded groups are impacted by poor access to water supply and sanitation and how they can be engaged in the design and management of water supply and sanitation programs. It is expected that the findings from this study will inform Government of India's policies in this sector and assist in the design of future World Bank-supported UWSS projects
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  • 122
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Series Statement: World Bank E-Library Archive
    Abstract: Forests have been receiving increased attention over the past few years, particularly through international climate change negotiations and efforts to develop a mechanism for reducing emissions from deforestation and forest degradation. In many forest-rich countries, the implementation of the recently declared COP21 INDC1 targets builds significantly on greenhouse gas (GHG) emission reductions and emission avoidance related to forests. Most of these countries will require considerable new investments in forestry that can be realized only through an increased level of financing over the next few years. Given the scale of the financing requirements, prevailing macroeconomic conditions, and fiscal constraints, it is unlikely that these countries will be able to fund these programs alone
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  • 123
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The Republic of South Sudan emerged in 2011 from decades of conflict as the world's newest independent country, with huge state and peace building challenges, and extreme institutional and socio-economic deficits.By August 2016, South Sudan displayed all the signs of macroeconomic collapse,with output contracting, and inflation and parallel exchange market premium spiraling.The fiscal deficit remained high, although its exact magnitude is difficult to estimate given the lack of real time data.The financing situation is dire. Monetization of the fiscal deficit explains to a large extent the high inflation, although there are some indications that borrowing from theBank of South Sudan had been limited in recent months.The current account deficit is estimated to have narrowed to about 1.6 percent in FY2016/17 from about 6.1 percent of GDP in FY2015/16.The South Sudanese Pound (SSP) continued to depreciate.Restoring peace, including reform of the security sector, followed by efforts to rein in public sector borrowing to levels that avoid printing money are necessary preconditions for any stabilization program.The FY17/18 National Budget aims to restore macroeconomic stability, but lacks credibility.Even if the economy showed some recovery starting in 2018, projections suggest that poverty will continue to rise through 2019 as economic growth is likely to be surpassed by population growth
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  • 124
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The Philippines Economic ...
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  • 125
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Series Statement: World Bank E-Library Archive
    Abstract: In September 2015, the 2030 agenda for sustainable development was adopted by member states of the United Nations (UN) at an historic UN summit. Sustainable consumption and production (SCP), as specifically reflected by SD goal (SDG) 12, is among the most important SDGs in the 2030 agenda for sustainable development. The Government of Turkey (GoT) is dedicated to taking action for the successful implementation of the 2030 agenda for sustainable development, it welcomes the universal and integrated nature of SDGs. The World Bank (WB) and other Multilateral Development Banks (MDBs) are committed to helping national governments integrate their development agendas with the SDGs and supporting the design and use of economic instruments to ensure their effective implementation. The purpose of this report is to review Turkey's on-going efforts as well as international experience in implementing economic instruments to support SCP as specified in SDG 12, analyze the gaps, and discuss areas where Turkey may better adopt economic instruments and other incentive policies for promoting SCP in the new national development plan (NDP). The study contains six chapters. Chapter one gives introduction. Chapter two provides an overview of Turkey's involvement in the global sustainable development agenda, a summary of SDG12 and key themes of SCP. Chapter three introduces the conceptual framework on green financing, and summarizes international experience on the use of economic instruments with a focus on SCP. Chapter four explores the Turkish context of economic instruments to support SCP and reviews existing economic policies and instruments. Areas for improvement and recommendations are presented in chapter five. Chapter six provides concluding remarks
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  • 126
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    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Rural Study
    Series Statement: World Bank E-Library Archive
    Abstract: In recent years, the prospects of Kenya's tourism industry have been clouded by a perfect storm of misfortunes - insecurity, growing global competition, and unsustainable tourism development. It is in this context that the potential and actual contribution of the tourism sector to the country's development has been questioned, with claims that tourism contributes less to the Kenyan economy than commonly thought. This report is arranged as follows: Chapter 1 identifies linkages with sectors that provide inputs into tourism as well as sectors that benefit from the boost in demand generated by the industry (termed the backward and forward linkages respectively). The results in Chapter 2 indicate that the effects on the economy depend on the cross-sectoral linkages. Hence, impacts on the economy differ depending on whether they emanate from changes in foreign tourist arrivals, changes in domestic tourist demand, oil price shocks, or foreign exchange shocks. Chapter 3 attempts to explore how long-term growth and poverty rates are affected with investments in the different segments of the tourism industry. Finally, recognizing that growth in the sector is dependent upon sustainable resource use, Chapter 4 contributes to the analysis of alternative policy strategies by investigating policies for the allocation of water. This is a highly relevant, though much neglected issue as Kenya is amongst the most water scarce countries in Africa and also has a highly water intensive economy (when measured in per capita availability, Kenya is more water scarce than land, and projections suggest the former will get worse faster). The Computable General Equilibrium (CGE) model is also used to examine the growth consequences of reallocating water from the highly water-dependent tourism industry to other sectors of the economy
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  • 127
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    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Energy Sector Management Assistance Program Papers
    Series Statement: World Bank E-Library Archive
    Abstract: Madagascar has enormous energy resources, particularly renewable ones (hydraulic, solar, wind, biomass), but national energy consumption is still very low, and is dominated by wood energy and its by-products. Madagascar imports all of its petrol products, and energy costs are too high to effectively contribute to social and economic development of the country. ESMAP (Energy Sector Management Assistance Program) is a technical assistance program managed by the World Bank and supported by eleven bilateral donors. ESMAP launched in January 2013 as an initiative to support the efforts of countries to improve knowledge of their renewable energy resources (REN), to establish appropriate institutional frameworks for the development of REN, and to provide free access to geospatial resources and data. This initiative will also support the IRENA-GlobalAtlas program by improving data availability and quality, through an interactive atlas. This study is part of a technical assistance project funded by ESMAP and implemented by the World Bank in Madagascar , which aims to support mapping resources and geospatial planning for small hydropower. It is conducted in close coordination with the Ministry of Energy, the Electricity Regulation Office (ERO), Development Agency of Rural Electrification (DARE) and Jiro sy Rano Malagasy (JIRAMA)
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  • 128
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    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: This 10th South Africa Economic Update offers a review of the country's recent economic and social developments and outlook in the context of global economic prospects. It focuses on the role of innovation in fostering economic growth, job creation and poverty reduction in an environment in which more South Africans are getting poorer. Main conclusions emerging from this analysis suggest that policies to spur innovation can go a long way in addressing unemployment, poverty and inequality in South Africa. It is our hope that South Africa will continue, and possibly expand, using the World Bank vast body of knowledge, global experience and its convening power as a platform for exchange and peer-to-peer learning in the identification of pragmatic solutions to reach the country's National Development Plan's goals
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  • 129
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    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Financial Sector Assessment Program
    Series Statement: World Bank E-Library Archive
    Abstract: Indonesia has exhibited strong macroeconomic performance, but developmental needs remain significant. To raise the living standards of a large population dispersed over thousands of islands, Indonesia must address several key challenges, including a sizeable infrastructure gap, relatively low productivity, and rising inequality. The authorities recognize that the financial sector needs to play a central role in overcoming such challenges. The authorities have been pursuing an ambitious agenda to promote financial sector deepening and to strengthen financial oversight and crisis management. Despite substantial progress since the last FSAP, the financial sector is not yet sufficiently able to fund development needs or boost inclusive economic growth. To promote sustainable financial sector deepening and inclusion, the authorities could consider a more coordinated, cross-cutting approach by addressing root causes. To promote inclusive economic growth and strengthen financial markets, the authorities pursue a diverse policy mix which includes: expansion of the KUR credit guarantee program with an interest subsidy add-on; a deposit interest rate ceiling; requirements for non-bank financial institutions to hold debt issued by the government and state-owned enterprises; and moral suasion to lower bank lending rates. However, these measures may not prove effective in achieving sustainably higher growth and financial deepening
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  • 130
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    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Mining, Oil and Gas
    Series Statement: World Bank E-Library Archive
    Abstract: This is a background paper to the Pacific Possible report. Technological progress has given rise to increased interest in deep sea minerals. This report takes stock of existing policy, legal and fiscal arrangements supporting DSM decision making and the regulatory and institutional capacities necessary to assure positive outcomes. As such, the report summarizes the knowns and unknowns characterizing the current state of DSM, frames the need to apply the precautionary approach given information uncertainty, and identifies professional and institutional capacity building needs. Given the significant uncertainties and weak institutional capacity in the countries of the Region, the report recommends the precautionary approach to DSM, which among others includes the option of no development if the risks are found to be larger than the benefits. It also recommends that regional regulatory collaboration takes place in a way that is respectful of sovereignty considerations
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  • 131
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    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Education Sector Review
    Series Statement: World Bank E-Library Archive
    Abstract: The World Bank is re-engaging in the education sector in Burundi at a time when the country has launched a major reform of its school education system, including the lengthening of the compulsory basic education cycle to 9 years in line with the Sustainable Development Goals. Due to the withdrawal of many donors from the education sector, after the events of 2015, as well as the general fiscal and economic contraction, the gains achieved in the last decade, especially in primary education, might be rapidly eroded. Consequently, a stock-taking exercise was undertaken by the Bank, focusing on four areas identified at the time of the concept note review. This summary report is based on the four pieces of analytical work and is intended to help the World Bank engage with all stakeholders in order to consolidate the recent gains and move the reform forward. In the next fiscal year, the findings from these studies will be used to engage in a broader dialogue and consensus building with the key stakeholders
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  • 132
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    Series Statement: Other Agricultural Study
    Series Statement: World Bank E-Library Archive
    Abstract: Afghanistan possesses a rich horticultural history, with a number of unique products, such as dried fruit, that are still renowned in various parts of the world. The period of conflict that has plagued Afghanistan for the past 40 years has, however, severely disrupted supply chains and markets for horticultural products and, in particular, hindered the ability of traders and producers to export products to high-value markets. The following sections provide an overview of the horticultural sector in Afghanistan and its various components. Section 1.1 describes the history and economic importance of horticulture in Afghanistan; section 1.2 describes the endowments and infrastructure that support the production and trade of horticultural crops in Afghanistan; section 1.3 presents an overview of the nature of horticultural inputs in Afghanistan and details methods for producing horticultural crops; section 1.4 describes the structure of post-harvest activities; section 1.5 reviews the processing and marketing of horticultural products in Afghanistan; section 1.6 presents and overview of the recent performance of the horticulture sector in Afghanistan; and section 1.7 describes recent and current policies and programs focusing on the horticulture sector in Afghanistan. The report is organized as follows: chapter one summarizes the recent literature on the horticulture sector; chapter two presents the results of the Survey undertaken for this report; and chapter three lists recommendations and next steps
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  • 133
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    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: General Economy, Macroeconomics, and Growth Study
    Series Statement: World Bank E-Library Archive
    Abstract: This report adds value because its inclusive approach of engaging with a broad-based group of stakeholders at the time of both analysis and engagement has served a means of building support for needed reforms. The goal was to generate ownership among Mindanawons through consultations which were guided by mostly local technical experts. For the analysis, the World Bank partnered with leading universities, think tanks, experts, and nongovernmental organizations (NGOs). Some 90 percent of the extended team came from within Mindanao, and they contributed more than 40 background papers. The study's inclusive approach was to listen intently to government, business, labor, civil society, and vulnerable groups who are often left out in the engagement process, such as indigenous people, Moro women, out-of-school youth, combatants, and internally displaced people. From January 2015 to June 2016, some 1,500 stakeholders were consulted. Finally, 10 eminent individuals with government, business, labor, and civil society experience provided strategic advice to the report team. Finally, building on the dialogue with the Philippine government and stakeholders in Mindanao, this report proposes a strategy for regional development in Mindanao. The three main components are to (1) raise agricultural productivity and improve farm-to-market connectivity; (2) boost human development; and (3) address drivers of conflict and fragility and strengthen institutions in ARMM and conflict-affected areas. The World Bank engagement for Mindanao will be based on this strategy. Policy recommendations are made in four separate categories: (1) increasing agricultural productivity by improving extension and irrigation services, along with price reforms to realize Mindanao's agriculture potential; (2) building up logistics and transport connectivity by improving road networks and the efficiency of shipping services to reduce trade costs; (3) improving the supply of reliable power and the speed, affordability ,and quality of information and communications technology (ICT) services by fostering competition; and (4) supporting private investment by addressing the growing skills gap, the high regulatory burden for businesses, and by improving financial inclusion and the governance of land. A separate section considers economic policy measures to support the resolution of Mindanao's longstanding violent conflicts
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  • 134
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    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Risk and Vulnerability Assessment
    Series Statement: World Bank E-Library Archive
    Abstract: This report seeks to further the body of disaster risk management (DRM) knowledge in Santa Catarina by identifying flood asset exposure risks and consequently empower the state government and its institutions to include DRM practices and information in their daily operations and decision-making processes, respectively. In this context, a novel study was jointly designed and developed by the World Bank and Santa Catarina's state government with the ultimate aim to produce a state-level Catastrophe (CAT) model. The novelty and depth of the study allowed the team to draw a number of potential policy implications and possible decision making to improve the state's resilience to natural disasters. To the best of the team's knowledge, this is a first-of-its-kind study in Brazil and has potential direct applications to a wide body of professions and institutions in Santa Catarina. Finally, the proposed methodological approach was heavily based on the national census as well as on commonly accessible hydro-meteorological data and topographic information to ensure replicability in other Brazilian states or municipalities
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  • 135
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    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Urban Study
    Series Statement: World Bank E-Library Archive
    Abstract: Urbanization is a driving force for growth and poverty reduction. Globally, over 80 percent of economic activity is concentrated in cities, and cities are essential for lifting millions of people out of poverty through the opportunities that density and agglomeration can bring with jobs, services, and innovation. However, if not carefully managed and planned for, the benefits of urbanization are not realized and can result in congestion, slums, pollution, inequality and crime. City competitiveness is an important part of successful urbanization. A competitive city facilitates its firms and industries to create jobs, raise productivity, and increase the incomes of citizens over time. At the same time, it is not possible to achieve these objectives without strong institutions, social inclusion, resilience, and environmental sustainability. All of these elements are important to harnessing the benefits of urbanization and must be enabled by both national and local governments. Chapter one of the report provides an introduction to urbanization in the Philippines. Chapter two covers analysis of urbanization and growth in the Philippines, Chapter three focuses on city competitiveness for economic development and job creation, chapter four provides an analysis of urban poverty with a particularly focus on informal settler families (ISFs) in Metro Manila, chapter five outlines the key binding constraints related to institutions for urban development and metropolitan governance; and chapter six covers constraints related to land administration and management in urban areas. Each chapter includes a framework for analysis, identification and assessment of key issues, and provides recommendations for the Government of the Philippines to consider. Important topics related to environmental sustainability and resilience are included as a cross cutting issue as they relate to urban planning and land management, but not covered in depth as they have been addressed in other World Bank reports. The full study is summarized below. Background technical papers for each section have also been prepared and cover much more analysis and detail. These are available as a companion to this policy report
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  • 136
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    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: India has among the lowest female labor force participation rates (LFPRs) in the world. In particular, low female LFPR is a drag on Gross Domestic Product (GDP) growth and an obstacle towards reaching a higher growth path. Women are also an untapped source of managerial and entrepreneurial skills. By excluding women, the pool of such talent becomes shallower and growth suffers. If the overall lack of jobs, especially regular salaried jobs, plays a large role in India's female LFPR, only a combination of gender-targeted and broader policies towards formal job creation can sustainably raise female LFPR and accelerate India's GDP growth and broader social development. Policies that promote job creation in women-friendly sectors such as apparel, or that help fast-growing modern service sectors absorb more educated women workers would be particularly helpful
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  • 137
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    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The Afghanistan Development Update, which is published twice a year, provides a comprehensive report of the state of the Afghan economy. It covers recent economic developments and outlines the medium-term outlook for Afghanistan. Afghanistan. Each edition includes a section that provides in-depth analysis on one or more specific focus topics. The lack of high-frequency data in Afghanistan makes it difficult to track economic activities on a monthly or quarterly basis. Thus, proxy indicators are utilized when their quality is deemed satisfactory. Efforts are made to ensure that key analysis and forecasts are based primarily on reliable sets of data. The Afghanistan Development Update is intended for a wide audience, including policy makers, the donor community, the private sector, the community of analysts and professionals engaged in monitoring the economy and Afghanistan's citizens at large. In this issue of the Update, the Focus Section discusses how economic stimulus can be provided in Afghanistan's resource-constrained environment. In the context of the economic slowdown, Afghanistan faces the difficult dilemma of balancing measures to stimulate the economy while at the same time avoiding a further weakening of its fiscal position. The fiscal space is already extremely limited, with no room to increase public expenditure or to lower taxes. Thus, the Government must implement initiatives to maximize the growth impact of fiscal expenditure. First, policies to encourage government spending on non-tradable goods from local suppliers will ensure that demand taps domestic production, rather than imports. Second, policies to improve absorptive capacity will increase the quality, speed of execution and value for money of public investments. Third, policies to promote contestable markets in banking and construction will stimulate the entry of small and medium-sized firms in both sectors. Fourth, polices to increase fiscal space should include measures to improve revenue mobilization and to use existing resources more effectively, which will release additional resources
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  • 138
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    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Partnership Frameworks
    Series Statement: World Bank E-Library Archive
    Abstract: The quest for an alternative development model that underlies Moldova's National Development Strategy (NDS), Moldova 2020, is a recognition that the two main drivers of economic growth and poverty reduction since the early 2000s are no longer sustainable. Growth was powered largely by consumption, and poverty reduction mainly by remittances and pensions. Since neither are expected to continue, future growth and poverty reduction will need to be driven increasingly by private sector-led job creation. Moreover, given the country's vulnerability to changes in external demand and weather shocks, due to its small size, open economy, and reliance on agriculture, Moldova's future development path will also need to include measures to renew and protect its human, physical, and social capital stock. Against this background, the main purpose of the FY18-21 Country Partnership Framework (CPF) is to support Moldova's transition towards a new, more sustainable and inclusive development and growth model. It is grounded in the NDS, takes into account outcomes of the FY14-17 Country Partnership Strategy (CPS), and incorporates the three topmost priorities of the recent Systematic Country Diagnostic (SCD), namely: (a) strengthening the rule of law and accountability in economic institutions; (b) improving inclusive access to and the efficiency and quality of public services; and (c) enhancing the quality and relevance of education and training for job-relevant skills. These three priorities define and inform the CPF's three focus areas: economic governance, service governance, and skills development, which are supplemented by climate change, a World Bank Group corporate priority, as a cross-cutting theme. The CPF incorporates key lessons learned during the last CPS, that political instability and governance challenges slow the pace of reform and that frequent personnel changes affect portfolio performance. Further, it assumes that the economic, political, and social stability experienced since January 2016 will continue at least until parliamentary elections in November 2018. Given that Moldova's post-election political orientation, policy environment, and stability are uncertain, only the first half of the CPF (FY18-19) is programmed. Activities for the second half (FY20-21) will be defined during the FY19 Performance and Learning Review (PLR)
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  • 139
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    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Partnership Frameworks
    Series Statement: World Bank E-Library Archive
    Abstract: This Country Partnership Framework (CPF) sets out the World Bank Group's (WBG) strategy in Madagascar for the period of FY17-FY21. As the country has emerged from a political crisis, the CPF supports the Government's goal of generating a higher, inclusive and sustainable growth path to reduce poverty, as presented in its 2015-2019 National Development Plan (NDP). The expanded resources and the larger range of instruments available under IDA18 enable the WBG to support the Government in putting the country on a higher development trajectory, by investing at scale in a few areas that could unlock Madagascar's development. Success in achieving ambitious goals, such as doubling the rate of electricity access, will hinge on the authorities' ability to sustain reforms while addressing some of the causes of the country's cyclical instability. The program proposed under this CPF seeks to increase the resilience of the most vulnerable people and to promote inclusive growth, while strengthening national and local institutions so as to reduce fragility. Risks to achieving those objectives continue to be substantial and will require the WBG to adopt a flexible approach. First, the nascent rebound in economic growth has not yet been felt by a large majority of the population. The depth of poverty is also such that extreme climate events could quickly reverse the small gains achieved since 2014 and fuel social tensions. Second, presidential elections are expected to take place in late 2018. They could generate a slowdown in the adoption of reforms and lead to a rise in political tensions. Recent crises have occurred around elections and thus the possibility of another crisis cannot be excluded. Finally, it remains to be seen if the Government will be able to address the roots of the country's fragility and change the bargain between the elites and the rest of the population, including by creating a more level playing field for the private sector. These risks will require the WBG to monitor closely the country context and be ready to adapt its approach throughout the CPF period
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  • 140
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    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Systematic Country Diagnostics
    Series Statement: World Bank E-Library Archive
    Abstract: Nicaragua remains one of the poorest countries in Latin America and the Caribbean (LAC). About 30 percent of the population lived below the official poverty line in 2014, and eight percent were considered extremely poor. GDP per capita stood at about USD 2,087 in 2015, the second lowest in LAC after Haiti. Access to basic services, such as electricity and water and sanitation, is low and largely unequal. Other key social indicators, including access to education, completion rates, and teenage pregnancy, also lag behind the regional average. Since the country's democratic transition in the early 1990s, Nicaragua has undergone a solid economic recovery from a very low base, due to three main factors. These include i) improved macroeconomic management and debt relief; ii) reforms aiming at transforming Nicaragua back into a market economy; and iii) demographic change. As a result, real GDP growth averaged about 4 percent between 1994 and 2015
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  • 141
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    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Europe and Central Asia Economic Update
    Series Statement: World Bank E-Library Archive
    Abstract: Trade played a pivotal role during the transition of many. countries in Europe and Central Asia to market economies. It forced a more efficient use of resourced and supported adoption of new technologies. Going forward, trade will again be crucial as countries adjust to new specialization patterns in the world. The adjustment requires not merely tweaking of trade policies, but rather a rethinking of how labor markets and capital markets are organized
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  • 142
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    Series Statement: Institutional and Governance Review
    Series Statement: World Bank E-Library Archive
    Abstract: Palestinian local governments represent a key pillar of the future Palestinian state. Predating the Palestinian Authority, many have long and proud histories, including some of the oldest inhabited cities in the world. With increasing political and geographical fragmentation over the last two decades, Local Government Units (LGUs) have become of paramount importance regarding the provision of services to the local population, particularly in areas where the relatively young central government is politically, geographically, and fiscally constrained. Some existing LGUs were created as early as the second half of the 19th century, and over the decades, they have performed under the complexities of disparate political and legal regimes. As the lowest level of governance, Palestinian local authorities fulfill a critical role, not only as a key public service provider but also as the government tier closest to citizens, with elected councils critical for representation and accountability to citizens. The most recent local elections were on May 13, 3017, and in October 2012, only in the West Bank; following the most recent local elections in both the West Bank and Gaza in 2006. Strengthening LGUs and enabling them to perform as fully functional local governments accountable to citizens are key priorities for the Palestinian Authority
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  • 143
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    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Urban Study
    Series Statement: World Bank E-Library Archive
    Abstract: The Greater Accra Metropolitan Area (GAMA) is one of the fastest-growing city regions in West Africa. GAMA is exposed to recurrent shocks and stresses on top of numerous developmental challenges and climate change issues that threaten development gains. The deadly floods of June 2015 are a reminder that creating a resilient and inclusive city must be a priority at all government levels. This report summarizes the outcomes of the process and outlines the recommendations that were identified jointly by national and local stakeholders in Ghana and World Bank specialists. Furthermore, the report provides evidence that can be leveraged by the government to request further support from the World Bank and other development partners to implement follow-up actions. The overarching message of this report is that actions are needed now to better manage and mitigate the risks and exposure of Accra to climate change and the associated shocks and stresses, gravely affecting the economy, key sectors, and the lives of households and families. Without any action, Accra remains exposed to significant and recurrent hazards, with a risk of diminishing the development gains made over the last decades. Therefore, as government moves forward to take action on this challenge, this report provides a concrete and detailed forward-looking strategy that may guide and inform policy and budget decisions, and thus eventually leading to a thriving, inclusive and more resilient Greater Accra Metropolitan Area
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  • 144
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    Series Statement: Policy Notes
    Series Statement: World Bank E-Library Archive
    Abstract: This policy note assesses the performance of existing land administration and management (LAM) system in the Philippines in creating an environment for competitive cities. It looks at the influence of LAM (including property rights) in the proper functioning of land markets in urban areas; the effectiveness of land use planning and regulations in shaping urban growth, reducing informality, and improving efficiency in use of space; and the impacts of property valuation and taxation practices in generating revenues to finance local development plans. LAM systems are a fundamental infrastructure for proper functioning of land markets. Well-functioning land markets facilitate investments and growth, improve land allocation, and develop financial markets. For land markets to work efficiently, they must be underpinned by land administration systems that define property rights; guarantee security of tenure; establish a mechanism for registering these rights within reasonable time and costs, and generate information to support property valuation and taxation. Well-defined property rights underpin security of transactions and investments in well-functioning land markets, as these reduce conflicts, decrease transaction costs, and provide incentives for the private sector to invest. Property valuation facilitates efficient disposal and proper compensation of land, equitable land and property taxation, and proper valuation of land as collateral assets. In addition, LAM systems are essential in land use planning that shapes urban growth, improves efficiencies in use and allocation of limited space, and in turn, enhances the performance of land markets. In metropolitan areas, coordinated land use planning is essential to achieve efficiency in service provision, enable connectivity and maximize the potential of agglomeration for city competitiveness. Effective land use planning enables timely provision of investments to influence the shape and pattern of land development. Well-functioning land market and efficient land use are important in creating sustainable and competitive cities
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  • 145
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    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Partnership Frameworks
    Series Statement: World Bank E-Library Archive
    Abstract: This document presents the World Bank Group (WBG) Country Partnership Framework (CPF) withthe Lao People's Democratic Republic (Lao PDR) for 2017-2021. The WBG CPF aims at supportingLasting Accessible Opportunities for all including sustained green growth, improved access to humanand infrastructure services, and opportunities for all. The previous Country Partnership Strategy (CPS)2012-2016 built a solid foundation and a strong relationship with the Government of Lao PDR (GOL). The CPF supports the GOL's 8th National Socio-Economic Development Plan (NSEDP) for2016-2020. The 8th NSEDP introduces policies intended to put Lao PDR on a path to reduce povertyand promote shared prosperity in a sustainable manner, based on green growth principles. Lao PDR'sdevelopment has advanced greatly in the last two decades, although significant challenges remain.Incomes have risen, poverty has declined, access to several key public services has improved and asa result Lao PDR met a number of its Millennium Development Goals. With GDP growth averaging8 percent per year since 2000, Lao PDR today is a lower-middle income country with a GNI percapita of around US
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  • 146
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    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Systematic Country Diagnostics
    Series Statement: World Bank E-Library Archive
    Abstract: Three key characteristics help shed light on Chile's development performance. First, strong institutions and sound macroeconomic policies have contributed to long-term economic growth. Second, market-oriented policies have boosted growth through productivity-enhancing reforms and helped improve the design of public services and social policy. Third, as the world's biggest copper producer and exporter, Chile is characterized by commodity dependence. These characteristics have helped the government achieve an average annual growth rate of almost 5 percent over the last 30 years, while reducing the poverty rate to less than 8 percent. Chile's middle class is one of the largest in Latin America; yet, inequality remains substantial. Economic development has led to a steep increase in life expectancy and a decline in fertility rates. Indeed, though relatively less than other countries in the Organisation for Economic Co-operation and Development (OECD), Chile is advanced in the demographic transition, which pose important challenges to economic growth and labor productivity
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  • 147
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank East Asia and Pacific Economic Update
    Series Statement: World Bank E-Library Archive
    Abstract: The region's growth outlook for 2017-19 remains broadly positive. China's growth moderation and rebalancing are expected to continue. In the region's other large developing economies, growth is projected to pick up slightly. Poverty has continued to decline in most countries and is projected to fall further. Global and regional vulnerabilities place a premium on macroeconomic prudence. Mobilizing additional revenues will create space for measures to support growth and foster inclusion. Some smaller commodity-exporting economies need to focus on lowering threats to fiscal solvency. Much of the region may need to adjust accommodative monetary policies. In China, reforms of the corporate sector, including restructuring of SOEs, and measures to bring credit growth under control are critical to reducing vulnerabilities. Elsewhere in the region, improvements in financial supervision and prudential regulation will be required. Developing EAP economies could benefit significantly from improving the quality of public spending, deepening regional integration, and reducing the agricultural sector's increasingly adverse environmental footprint
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  • 148
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: This report examines the economic and development consequences of antimicrobial resistance(AMR)-the capacity that disease-causing microorganisms acquire to resist the drugs we've createdto fight them. The report uses World Bank Group economic simulation tools to put a price tag onAMR's destructive impacts on the global economy from 2017 through 2050, if adequate measuresaren't taken to contain the AMR threat. The report highlights actions low- and middle-income countries and their development partners can take to counter AMR, and estimates the investment required. It shows that putting resources into AMR containment now is one of the highest-yield investments countries can make. Antimicrobials are drugs that destroy disease-causing microbes, also called pathogens, such as certain bacteria, viruses, parasites, and fungi. The most familiar and important antimicrobials are antibiotics, which treat bacterial infections. Other antimicrobials combat viral and parasitic diseases, such as AIDS and malaria. Since their use began some 70 years ago, antimicrobials have saved hundreds of millions of lives
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  • 149
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The Bangladesh economy is weathering persistent global uncertainties relatively well. Poverty reduction is expected to have continued. Growth remained resilient, aided recently by recovery in exports and private investments. Inflation has decelerated benefitting from soft international commodity prices and prudent macroeconomic management. The outlook for Bangladesh's main export destinations is projected to improve, although downside risks remain elevated. More recently, falling export growth and decline in remittances are emerging near term concerns. According to our model, increased capital accumulation can contribute significantly to boosting growth, but alone cannot deliver a sustainable and accelerated growth path. More is needed, including closing the inter-sectoral productivity gap through increased resource mobility, easing the constraints on firm level productivity and increasing female labor force participation in the formal sectors. In addition, poor infrastructure, inadequate energy supply, and inefficient financial intermediation combined with high cost of doing business remain the key obstacles hindering the realization of Bangladesh's vast economic potential
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  • 150
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Water Papers
    Series Statement: World Bank E-Library Archive
    Abstract: The global commitment to bring universal access to safely managed water supply and sanitation by 2030 set by the Sustainable Development Goals (SDGs) poses an unprecedented challenge. Strong political leadership will be required to bring about sector-wide changes in governance and building technical and administrative capacity at scale. This will pave the way for building, operating, and maintaining cost-effective infrastructure to supply improved and sustained services. The current model of sector finance is insufficient for reaching thee goals. Four interlinked priority actions should be taken to tackle this challenge: (1) make more efficient use of existing resources; (2) use public funds in a more targeted manner; (3) attract domestic commercial finance; and (4) focus on de-risking the sector. Through these steps, countries will be able to leverage each dollar of public funds to crowd in commercial finance, which will have significant and long-term benefits for the sector. Countries should aim to slowly and incrementally introduce commercial finance to the sector, and can ease the transition through a range of available tools
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  • 151
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: This paper examines the current state of the social enterprise sector in Tunisia and its potential for contributing to the country`s development objectives. The paper is based on a literature review, mapping of SEs in Tunisia, a series of interviews with social entrepreneurs and local experts, and an in-depth study of four SEs. The study draws on international policy experiences to provide conclusions and recommendations regarding the role that the government and donors could play to promote social entrepreneurship in Tunisia
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  • 152
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: The World Bank supported West Bengal Accelerated Development of Minor Irrigation Project assumes a centre stage position in the current context of bringing water to every farm (Har Khet ko Pani) under the recently launched Pradhan Mantri Krishi Sinchayee Yojana (PMSKY). With an objective to "enhance agricultural production of small and marginal farmers of the project area in West Bengal through development of minor irrigation infrastructure and agriculture support system", the Project was launched in 2012, partnering the Department of Water Resources Investigation and Development, Government of West Bengal. To achieve its outcomes, the Project focuses on strengthening community-based organizations, especially water users' association with a strong focus on gender aspects, irrigation systems development and improvement, agriculture, horticulture and fisheries development
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  • 153
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Health Study
    Series Statement: World Bank E-Library Archive
    Abstract: The fiscal space analysis for the health sector in Zimbabwe is timely and the need for such analysis has been strongly expressed by the government and its development partners. This imperative is Justified on multiple grounds. As the country is hit by an economic crisis resulting in lower revenues and cuts in expenditures, Understanding the consequences and assessing coping strategies for the health sector is critical. As the Country engages in The implementation of its new health sector strategy which sets ambitious targets in terms of Health outcomes towards Universal Health Coverage, it Is also critical to explore ways to increase resources for the sector, Even in A constrained macro-fiscal environment. The fiscal space analysis also highlights the major sources of inefficiencies to identify areas for improvement to increase the value for money in the sector. Overall, the fiscal space analysis aims to generate evidence to inform MOFED and MOHCC on short-term and medium-term options to generate resources for the health sector. It will provide evidence for government partner consultations on short-term options and choices in light of declining public financing for health and a difficult economic growth outlook
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  • 154
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Law and Justice Study
    Series Statement: World Bank E-Library Archive
    Abstract: It is acknowledged that conflict over land is a major source of violence in various parts of Mindanao, particularly the prosed Bangsamoro region. Historical accounts trace the root cause of land issues and identity-based conflict to the introduction of the Regalian doctrine of land ownership by Spanish colonizers. During the American colonial regime at the turn of the 20th century, dispossession of land held by the original inhabitants of Mindanao accelerated, with an emphasis of titling lands for private ownership that clashed with the tradition of ancestral domain. This was further exacerbated by migration instigated by the central government, starting with the development of "agricultural colonies: in the early 1900s to 1940s, to the passage of a series of land reform laws from the 1960s until the end of the 1980s to encourage individual land titling as a strategy for agricultural development. These evens radically altered land ownership patterns in Mindanao, as communal ownership of land by its original inhabitants gave way to individual titles in the possession of settlers from Luzon and the Visayas
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  • 155
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Education Study
    Series Statement: World Bank E-Library Archive
    Abstract: Sustaining in recent years expenditure on early childhood education (ECE) at over a fifth of its education budget, Mongolia is a relatively high spender on pre-primary education. This report examines structural and process aspects of quality in Mongolian kindergartens, along with early development outcomes among children enrolled in these kindergartens, to assess the effectiveness and equity of the country's public investments in ECE. The analysis shows that while the last decade saw tremendous progress in improving access to preschool overall, the most disadvantaged and vulnerable are still excluded from the system. Further, an assessment of child development outcomes shows that even after significant exposure to formal preschool services in the public sector, socioeconomic gaps in outcomes remain large. At the same time, potential areas where relatively low-cost investments could reap significant gains remain unexploited. Key among these is use of home- or community-based ECE interventions that could improve school preparedness among children in rural areas not enrolled in preschools. Another is the potential for an expanded role for the private sector in urban areas
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  • 156
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The negative GDP growth r ...
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  • 157
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Financial Sector Assessment Program
    Series Statement: World Bank E-Library Archive
    Abstract: This Technical Note (TN) examines the current state of NPLs in Bulgaria and makes recommendations for a strategy to substantially reduce NPLs. These strategy recommendations were developed based on an assessment of the relevant regulatory and supervisory framework and bank practices, including relevant standards and practices for accounting treatments, early warning systems, NPL market development, and collateral valuation. The TN sets forth macroprudential approaches and other components of a sound strategy for NPL reduction, including improvements to loan loss provisioning, income recognition on NPLs, loan write-downs, early warning systems, collateral valuation, risk information for investors, and the NPL market. The NPL management process involves many stakeholders, and their mutual cooperation is important for success. The Bulgarian National Bank (BNB), in its capacity as bank supervisor and regulator and as macroprudential authority for banks, will be in the lead position on the implementation of key aspects of the NPL reduction strategy that can achieve progress in the near term. Broader policies to enhance NPL resolution entail other stakeholders, including the Ministry of Justice (MoJ) that would need to engage in the areas of insolvency and collateral enforcement regimes
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  • 158
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Series Statement: World Bank E-Library Archive
    Abstract: Zimbabwe is at a critical juncture. After dollarization and favorable economic factors fueled arecovery during 2009-12, Zimbabwe today faces slowing growth, a financial crisis, increasingly erratic weather patterns and rising poverty and inequality. To help respond to these issues, the Government of Zimbabwe (GoZ) has sought to examine and ultimately better manage its public expenditures, with a view to ensuring public spending is effective, efficient, equitable, and well-targeted to the needs of its changing population, especially the poor
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  • 159
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank East Asia and Pacific Economic Update
    Series Statement: World Bank E-Library Archive
    Abstract: The economic outlook for the developing EAP region remains positive, and will benefit from an improved external environment as well as strong domestic demand. The growth of regional GDP excluding China is forecast to accelerate in 2018, while China's GDP growth is expected to decline in 2018 and 2019, although remain higher than most countries in the region. Poverty is projected to continue its long-term decline. Major downside risks include financial sector vulnerabilities, large fiscal imbalances, and the possible escalation of geopolitical tensions. The improved outlook for global growth provides a window of opportunity for developing EAP to continue to reduce key vulnerabilities and strengthen the foundations for sustained and inclusive growth in the medium term. The region could also benefit from further developing tourism sectors and deepening of regional integration, to offset the emerging global protectionism. And policies to ensure inclusive growth should involve ensuring economic mobility and security for all, going beyond the primary focus on reducing poverty
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  • 160
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Enterprise Surveys
    Series Statement: World Bank E-Library Archive
    Abstract: The Enterprise Surveys (ES) focus on many aspects of the business environment. These factors can be accommodating or constraining for firms and play an important role in whether an economy's private sector will thrive or not. An accommodating business environment is one that encourages firms to operate efficiently. Such conditions strengthen incentives for firms to innovate and to increase productivity - key factors for sustainable development. A more productive private sector, in turn, expands employment and contributes taxes necessary for public investment in health, education, and other services. The topics include infrastructure, trade, finance, regulations, taxes and business licensing, corruption, crime and informality, access to finance, innovation, labor, and perceptions about obstacles to doing business.The surveys are administered to a representative sample of firms in the non-agricultural, formal, private economy. The ES are repeated approximately every four years for a particular economy (or region). By tracking changes in the business environment, policymakers and researchers can look at the effects of policy and regulatory reforms on firm performance.Repeated surveys aid in studying the evolution of the business environment and how it affects the dynamics of the private sector.This document summarizes the results of the Enterprise Survey for Niger. Business owners and top managers in 151 firms were interviewed between April and June 2017
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  • 161
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Series Statement: World Bank E-Library Archive
    Abstract: This report develops innovative bond structures that respond to challenges currently limiting the financing of forest-based NDC activities, with the intention to catalyze significant increases in financing flows. The report sets out a detailed shortlist of three potential enhanced bond structures, which have the potential to catalyze funding across the gamut of forest-based nationally determined contribution (NDC) activities. The focus is on bond structures that blend donor-funded performance-based payments (PBP) alongside some upfront grant funding to improve the financial performance of the use of proceeds for issuers, and hence enable larger-scale financing from capital markets
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  • 162
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Urban Study
    Series Statement: World Bank E-Library Archive
    Abstract: Bulgaria's housing sector provides a window into the broader issues of the country's social, and economic transformation. This process has been difficult, and, as was the case in many transition countries, one of the main problem areas has been the housing sector. While the government has played an active role in reforming the housing sector since 2004, and continued with initiatives to improve energy efficiency in residential buildings, new sectoral problems have emerged. Vacancy rates are extremely high, affordability concerns have intensified, and household mobility is one of the lowest among transition countries. As a result, the government is about to embark on a housing strategy, one that seeks to address the emerging issues with a particular emphasis on how this sector's functioning interacts with and affects the broader economy. This rapid assessment of Bulgaria's housing sector attempts to inform the country's forthcoming strategy. It brings together information on how the sector has performed, and relies upon the international experience, and particularly the experience of other transition economies, to set the stage for the prospective Strategy's deeper probe. Bulgaria followed a Soviet style planning approach that created one of the world's most over industrialized economies. In following this approach, it expanded many cities to service what are now bankrupt heavy industries. The result is that today the employment prospects in many locations remain dim, particularly where state-owned factories of the old regime have closed. This has resulted in massive population shifts, with some villages and towns facing complete abandonment. The country has a large ageing population, and is also experiencing one of the world's sharpest reductions in population. Population has declined by almost 20 percent since 1989, and this trend is likely to intensify over the next two decades
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  • 163
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Series Statement: World Bank E-Library Archive
    Abstract: This reports on the cost of doing business in Egypt consistently identify delays in land acquisition as one of the impediments to setting up new businesses as well as attracting foreign direct investments. Despite the provisions of Law 10/1990 (hereafter referred to as Law 10), which lays out a legal framework for the expropriation of real estate for public-interest projects, these delays persist due to overlapping in national and sectoral policies and practices. This Policy note acknowledges the absence of a comprehensive land administration system in Egypt. It focuses instead on the challenges facing land acquisition for public interest projects and theshortcomings of Law 10. It summarizes key challenges based on the findings of key research productsfrom the technical assistance (TA) program offered by the World Bank to the Egyptian government concerning land acquisition and policy reform, including the diagnostic analysis report prepared in June 2016 and the report of the TA Committee Members' visit to India prepared in May 2016. The key challenges discussed in this policy note fall under two broad kinds: limitations in law, and policy coherence. To help develop a more coherent and transparent approach to land acquisition, this note also lays out recommendations and a road map. The Annex to this note highlights the broader issues of land administration, with a special focus on the weak institutionalization of deeds and title registration systems
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  • 164
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Series Statement: World Bank E-Library Archive
    Abstract: The Philippines is increasingly exposed and vulnerable to natural hazards, which undermines poverty reduction and long-term growth. Typhoon Yolanda (Haiyan), which struck the Philippines in 2013, is considered the strongest typhoon ever to make landfall. Typhoon Yolanda has caused over 6,300 reported fatalities and an additional 2.3 million people were estimated to have fallen below the poverty line. The total damage and loss was estimated at PHP 571.1 billion (USD 12.9 billion) hampering economic growth by about 0.9 % in 2013, and another 0.3 % in 2014. The event highlighted the following major issues on the side of government and all other non-government actors: coordination at all levels, aid transparency and accountability, systems and protocols for donations and assistance, conduct of post-disaster needs assessment, recovery planning, implementation, monitoring, and communications
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  • 165
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Series Statement: World Bank E-Library Archive
    Abstract: The objective of this report is to provide an empirical basis for more inclusive and equitable service delivery in the water and sanitation sector in Indonesia. Although the GoI has established a program and strategy for achieving universal access to water supply and sanitation and zero slums (the 100-0-100 program, which aims for 100 percent access to water supply, zero urban slums, and 100 percent access to sanitation), these targets will be achieved through different service level sub-targets. For water supply, the target is for 40 percent of the population to have access to piped water and 60 percent to non-piped (in urban areas, 60 percent piped and 40 percent non-piped), whereas for sanitation, universal access is defined as 15 percent of the population having access to basic sanitation (a toilet that ensures hygienic separation of human excreta from human contact), 12.5 percent to centralized and decentralized sewerage systems, and 72.5 percent to on-site sanitation with improved fecal waste management. A poor-inclusive approach to universal access-one that improves the ability of and opportunity for the poor and vulnerable to benefit from water and sanitation services-can help to ensure that Indonesia not only achieves its service delivery targets, but that water supply and sanitation become key drivers of a reduction in inequality, enhanced health and well-being, and economic growth and prosperity. Policy recommendations are prioritized based on their expected impact on these development goals, and the strength of the evidence base for the solution proposed
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  • 166
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: This is a background paper to the Pacific Possible report. Climate change and natural disasters represent major threats to Pacific Island countries. The report estimates the cost of climate adaptation measures for Pacific Island countries. It also proposes a range of strategies for dealing with the high uncertainty surrounding the impact of climate change over the next 25 years
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  • 167
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: City Development Strategy
    Series Statement: World Bank E-Library Archive
    Abstract: Technology is one of the main drivers of productivity and economic growth. Developing countries have traditionally had difficulties in both developing technology and absorbing foreign technology. However, the recent emergence of tech startups present an opportunity. Tech start-ups are an effective a mechanism to both create local technology and absorb foreign technology. The objective of this report is to provide a better understanding of the status of Beirut's start-up ecosystem and provide policy recommendations for policy makers and other stakeholders who are interested in supporting the growth and sustainability of the ecosystem. The report is based on an in-depth survey of startups and supportive stakeholders of the ecosystem. The findings point out to an early-to middle stage start-up ecosystem that has passed its nascent growth phase but is still far from maturity. Skills, supportive infrastructure, finance pipeline, and community and networks are examined and gaps are identified. Policy recommendations to tackle these gaps are presented based on international practices
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  • 168
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: Global growth is picking up and the growth in the South Asia region continues to remain strong. A recovery in industrial activity has coincided with a pickup in global trade, after two years of marked weakness. Growth in South Asia remains strong, with regional output projected to grow by 6.8 percent in 2017 and an average of 7.2 percent in 2018-19. Economic activity in Nepal, which rebounded strongly in FY2017, reaching 7.5 percent (year-over-year [y/y]) following two challenging years, has again been impacted by severe flood affecting more than one-third of the country. High inflation in the last two years induced by disruptions moderated sharply by early 2017 and further slowed, reaching decade-low inflation by the end of FY2017, due to moderating inflation in India
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  • 169
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Series Statement: World Bank E-Library Archive
    Abstract: Despite bold efforts to consolidate public finances, Ukraine's growth potential remains undermined by a large public sector, high public debt levels and inefficient provision of critical public services. The Ukraine government faces new public spending pressures which, if realized, would reverse recent fiscal consolidation gains. In this context, the objective of this Public Finance Review (PFR) is to inform the government of Ukraine about fiscal reform options to restore sustainability of public finances while improving critical public services and improving medium-term growth prospects. The PFR offers reform options for a gradual and sustainable fiscal deficit reduction and mitigation of risks to debt sustainability through broadening the tax base, improved tax administration, and more efficient public spending. Chapter 1 provides an overview of Ukraine's fiscal situation and key pressures to fiscal sustainability. Chapter 2 focuses on options to broaden the tax base and improve tax administration following the recent tax reform measures. Although Ukraine already collects a high share of Gross domestic product as taxes, it can improve tax compliance, broaden the tax base, and reduce the tax burden. Improving tax administration and broadening the tax base are critical to improve fiscal sustainability in the short term and to create a foundation for sustainable economic growth in the medium term. Chapter 3 focuses on options to improve the fiscal sustainability of the pensions system, which is the largest public finance expenditure item and a source of fiscal vulnerability on the expenditure side. Chapters 4, 5, 6 and 7 look at opportunities for delivering public services, specifically, education, health, social assistance and decentralization, that are more efficient, equitable and higher quality. Reforms in these areas are anchors of Ukraine's long-term fiscal sustainability and core elements of the strategy to reduce the fiscal deficit. Analyses of expenditures in this review are structured according to functions rather than economic categories
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  • 170
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Education Study
    Series Statement: World Bank E-Library Archive
    Abstract: This education report is a compliment to the 2017 World Bank led Armenia Systematic Country Diagnostic (SCD), which focuses on how to improve shared prosperity and reduce poverty in Armenia. This report collates information from recent education studies addressing issues with skills development and gender and spatial differences in educational level and quality. Concurrently, this study will try to link key macroeconomic and demographic issues to issues related to the education sector. Thus, this study will provide an overview of the external and internal issues related to improving education and be central with regards to the direction set out in the SCD linking these to poverty and shared prosperity. This study is organized into four main sections intended to provide a comprehensive analysis of Armenia's education landscape. It will begin with an overview of Armenia's current social and economic context and the factors that have contributed to it. Next, it will dive deeper into the relationship between education and the economy and unique spatial aspects associated with income and education inequalities. It will then assess the key challenges within the education system that are contributing to Armenia's current state of affairs. Finally, the study will present policy recommendations based on the information analyzed. In doing so, the aim will be to equip the Republic of Armenia with a strong set of evidence-based education policies and strategies that will promote broad-based prosperity and poverty reduction and move Armenia forward in the next stage of development
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  • 171
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: The 'Linking up: Public-Private Partnerships in Power Transmission in Africa' report examines private sector-led investments in transmission globally and how this approach is applicable in sub-Saharan Africa. The private sector has invested over US
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  • 172
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: In the last five years, the number of voices calling for stronger international action on climate change and health has increased, as has the scale and depth of activities. But current global efforts in climate and health are inadequately integrated. As a result, actions to address climate change including World Bank Group investment and lending are missing opportunities to simultaneously promote better health outcomes and resilience.This paper begins by identifying the health impacts that are being felt today and that are projected to worsen in the future without efforts to ensure health considerations are central to any and all climate change adaptation and mitigation measures. Chapter 1 includes an outline of the scope of health impacts from climate change and its drivers, the means of transmission, and a description of the drivers of climate change, and their sources. Chapter 2 describes the methodology used to identify these nations and determine their preparedness for coping with these impacts. Chapter 3 identifies hotspot countries based on this analysis, and narrows the focus to those countries that are both most likely to bear the brunt of a greater burden of disease and death from climate change and climate drivers, and that are the least ready to cope. Coping mechanisms through mitigation and adaptation measures, are outlined in Chapter 4, as are the multiple benefits that can be expected from multi-sector, concerted efforts to address health impacts from climate change, and its drivers
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  • 173
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Series Statement: World Bank E-Library Archive
    Abstract: The strong economic growth enjoyed by the Dominican Republic following its 2003 domestic crisis was not matched by similarly substantial progress in poverty reduction. While labor productivity grew by an estimated 39 percent between 2000 and 2013, real wages fell with the crisis in 2003/04, and, in 2013, remained below their pre-crisis level. This report presents an assessment of factors related to the functioning of the labor markets that constrained more inclusive growth in the Dominican Republic. It explores several hypotheses related to labor supply factors, job creation, and global trends in returns to labor, as well as issues with statistical measurements that contribute to explain the weak relationship observed between growth and poverty reduction. The analysis finds that growth appears to have been driven by productivity increases rather than by increases in labor inputs. At the same time, low-skilled workers became increasingly concentrated in low-quality jobs and in sectors that saw low productivity growth, a trend enhanced by the loss of manufacturing jobs since 2000. Low rates of labor force participation, particularly among the poor, further limited the ability of households to benefit from growth
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  • 174
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Series Statement: World Bank E-Library Archive
    Abstract: Good jobs are in short supply in the former Yugoslav Republic of Macedonia. Sustainable, better employment opportunities must come from higher labor demand from a dynamic and internationally competitive private sector, the result of an advanced economic transition from a state controlled to a market led economy. This note focuses on job creation from the perspective of enterprise sector dynamics in the former Yugoslav Republic of Macedonia. The purpose is to understand, better, the dynamics of job creation, where and how firms and jobs are created, and the most important constraints to job creation from the firm perspective. Drawing on several sources of data, including firm registry, data on entrepreneurship, labor force surveys, and policy indicators, the note contributes to the job diagnostics necessary to devise relevant policy to increase job opportunities in the former Yugoslav Republic of Macedonia and is intended to provide guidance to researchers and policymakers in other countries wishing to understand better the role of the private sector in employment. Despite some significant business climate reforms, the former Yugoslav Republic of Macedonia has not seen private sector dynamics or 'entrepreneurship' improve sufficiently. In sum, the transition of workers and jobs from low productivity sectors to higher productivity sectors has stalled in the former Yugoslav Republic of Macedonia. Prior to the economic crisis, countries which had advanced more in the transition process saw higher productivity growth than the former Yugoslav Republic of Macedonia, more inflows of workers into the services sector, and substantive net job creation. In the former Yugoslav Republic of Macedonia, in contrast, labor reallocation is still incomplete. One fifth of the population remains in low productivity agriculture and one third is informally employed. Between 2007 and 2011 the formal private sector created only 12 percent of all new jobs
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  • 175
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Water and Sanitation Program
    Series Statement: World Bank E-Library Archive
    Abstract: This report is part of a ...
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  • 176
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Water Papers
    Series Statement: World Bank E-Library Archive
    Abstract: Globally, more than a billion people, approximately 15 percent of the world's population, or one in seven persons, have disabilities. Of those, 80 percent live in developing countries. This number is expected to increase as the prevalence of disability is impacted by disease, war and conflict, natural disasters, and road traffic injuries, among other factors. In addition, persons over the age of 60 comprise 12 percent of the world's population; that proportion is set to rise over 20 percent by 2050. There is a strong correlation between aging and the onset of disability. Persons with disabilities make up a sizable portion of the 2.4 billion people who still lack access to sanitation, and the 663 million who lack access to safe drinking water. Although there are inadequate data to assess the exact number of persons with disabilities who face water scarcity and lack of access, there is evidence that points to the relative marginalization and invisibility of this population in water sector development programs. A 2011-12 survey of 16 Area Development Programs run by World Vision in Ethiopia showed that 96.6 percent of people with disabilities and the elderly faced difficulties in accessing basic water facilities. The note collates recommended strategies and practices in disability-inclusive development programming. It identifies entry points for disability-inclusive water operations in World Bank Group-supported programs, projects and advisory services, and analytics. Case studies, including World Bank Group and external examples, are provided to highlight the use of recommended practices. In addition, the annexes list several technical assistance resources to support task teams and clients in ensuring that infrastructure and services are inclusive of persons with disabilities
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  • 177
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Series Statement: World Bank E-Library Archive
    Abstract: Ghana has experienced an extended period of robust growth since the early 2000s, supported by a favorable external environment and large investment inflows, particularly in the extractive industries. In 2011, as the start of oil production drove a surge in per capita income, Ghana graduated from low-income to lower-middle-income status. Despite the key role of the extractive industries, recent growth has been relatively inclusive, and Ghana achieved its Millennium Development Goal of halving the poverty rate by 2015. However, macroeconomic conditions have deteriorated since 2012, giving rise to substantial domestic and external imbalances. Although external shocks have underscored Ghana's vulnerability to global commodity and financial markets, the recurring nature of its imbalances reflects deeper structural deficiencies in its macroeconomic policies and public financial management (PFM) framework. A heavy focus on commodity exports has accelerated Ghana's recent growth, but the country's economic outlook increasingly hinges on a narrow range of volatile commodity prices
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  • 178
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Series Statement: World Bank E-Library Archive
    Abstract: Reducing poverty and inequality continues to be an important national priority in Namibia. Vision 2030 - the country's guiding development strategy - has a subordinate vision that points to several goals: "Poverty is reduced to the minimum, the existing pattern of income-distribution is equitable and disparity is at the minimum." Vision 2030 is being implemented via a series of five-year National Development Plans, with the current National Development Plan IV (NDP4) covering 2012 through to 2017. NDP4 sets specific numerical targets. One is reducing the incidence of extreme poverty to less than 10 percent of individuals by the end of FY2016/17, measured at the national lower bound poverty line of N
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  • 179
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: Pakistan's economy continues to grow strongly, emerging as one of the top performers in South Asia. Beneath the surface, however, a number of warning signs are emerging. Revenue growth is slowing, with the fiscal deficit growing for the first time in three years. Exports continue to fall as imports grow, substantially increasing the current account deficit. Investment rates - already low - fell further in FY16 (the latest data available). Finally, the energy sector circular debt has resurfaced. These emerging concerns suggest that renewed policy emphasis is required on macroeconomic stability - to prevent the country from losing the impressive gains achieved over the past four years - and other structural reforms such as those required in the energy sector. While the federal government necessarily carries the majority of this burden, provincial governments also have a part to play. The special sections of this update analyze some of the specific challenges facing Pakistan's most populous province, Punjab, including increasing own-source revenue, equipping youth with employable skills and ensuring the poor share in the benefits of growth. Punjab, along with federal and other provincial governments, is also confronted with the urgent task of lifting agricultural productivity and addressing distortive subsidies, which are impeding growth
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  • 180
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Partnership Frameworks
    Series Statement: World Bank E-Library Archive
    Abstract: The Country Partnership Framework (CPF) for Ukraine covers the 5 years from FY17 to FY21. The CPF is aligned with the objectives of the country's development strategy as outlined in the Government Program and Action Plan adopted in April 2017 and is based on the findings and recommendations of the World Bank Group (WBG) Systematic Country Diagnostic (SCD) for Ukraine. The objective of the WBG CPF in Ukraine during FY17-FY21 is to promote sustained and inclusive economic recovery after nearly a decade of stagnation and two years of economic crisis. The focus areas of the CPF broadly parallel the pathways identified in the SCD, but are further prioritized. The engagement will be highly selective and based on the intersection of the Government's development agenda, the development challenges and approaches outlined in the SCD, and the comparative advantage and capacity of WBG to deliver. The resulting CPF focus areas are : (i) Better Governance, Anticorruption, and Citizen Engagement; (ii) Making Markets Work; (iii) Fiscal and Financial Sustainability; and (iv) Efficient, Effective, and Inclusive Service Delivery
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  • 181
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Series Statement: World Bank E-Library Archive
    Abstract: This policy note discusses strengthening institutions for urban and metropolitan management and service delivery and is part of a broader Philippines urbanization study. Strong institutions are critical to the effective management of cities, the delivery of efficient urban services and infrastructure, and the establishment of an enabling environment for business and job creation. Strong institutions are needed to design and support policies for land and housing markets, raise and equitably redistribute revenues, and promote a safe and sustainable urban environment both at the national and local levels. A number of underlying institutional and governance issues at national and metropolitan levels in the Philippines stand out as binding constraints which have limited the country from optimizing the benefits of urban development. Even as the share of the national population living in urban areas has expanded to around 50 percent, urbanization in the country has never been guided by a comprehensive urban development policy supported by a clearly defined institutional framework. Institutional fragmentation among various oversight and sectorial agencies at the national level has exacerbated the weak institutional environment for urban development. The continuing expansion and population growth of urban areas throughout the country heightens the urgency for adopting comprehensive urban policy and institutional reforms that will enable the country to harness the benefits of urban development and mitigate negative externalities. There are a number of key challenges related to governance and institutions that are hampering successful urbanization: (i) absence of a comprehensive national urban policy; (ii) absence of a lead agency for urban development; (iii) weaknesses in the fiscal decentralization framework; and (iv) metropolitan fragmentation and weak mechanisms for inter-jurisdictional coordination
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  • 182
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: This report was drafted by a working group of United Nations entities, the World Bank, and other stakeholders to suggest a common understanding of the blue economy; to highlight the importance of such an approach, particularly for small island developing states and coastal least developed countries; to identify some of the key challenges its adoption poses; and to suggest some broad next steps that are called for in order to ensure its implementation. Although the term "blue economy" has been used in different ways, it is understood here as comprising the range of economic sectors and related policies that together determine whether the use of oceanic resources is sustainable. An important challenge of the blue economy is thus to understand and better manage the many aspects of oceanic sustainability, ranging from sustainable fisheries to ecosystem health to pollution. A second significant issue is the realization that the sustainable management of ocean resources requires collaboration across nation-states and across the public-private sectors, and on a scale that has not been previously achieved. This realization underscores the challenge facing the Small Island Developing States (SIDS) and Least Developed Countries (LDCs) as they turn to better managing their blue economies
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  • 183
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: Large-scale natural disasters are a frequent and common occurrence in Japan. Over the years, Japan has evolved its disaster management system to address all phases of a disaster: from disaster prevention, mitigation, and preparedness, to emergency response, recovery, and rehabilitation. This report consists of four parts: Introduction (Chapter 1, 2, 3), Simulation drills (Chapter 4, 5, 6, 7), Community based activities for disaster awareness and risk communication (Chapter 8, 9), and Conclusion (Chapter 10). The introduction (Chapter 1) starts with an overview of the institutional and legislative frameworks for Disaster Management in Japan (Chapter 2), followed by an overview of disaster simulation drills in Japan, particularly focusing on the Comprehensive Disaster Management Drill Framework, which is an overarching framework for both national and local governments (Chapter 3). The following four chapters present examples of simulation drills organized at the national and regional level, including the National Scope (Chapter 4), and overviews of three prefectures: Hyogo (Chapter 5), Shizuoka (Chapter 6) and Tokyo (Chapter 7). The next part of the report introduces a number of community level activities aimed at increasing residents' disaster awareness and preparedness. These activities are led by various actors, including: a school, an NGO or CSO, and a learning center (Chapter 8). Risk communication activities in Kobe city are introduced (Chapter 9). Finally, the conclusion (Chapter 10) outlines common challenges and offers tips for the planning and implementation of disaster drills in addition to other disaster awareness or preparedness activities. This report was developed to introduce Japanese disaster simulation drills as a model to help other countries plan and implement disaster simulation drill exercises
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  • 184
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: FYR Macedonia has experienced a decline in poverty in the post global financial crisis period (2009-2013) in spite of a weak macroeconomic performance. In contrast to the pre-crisis period when growth was robust but poverty stagnant, poverty indicators indicate an improvement on the living conditions of the bottom of the distribution. Employment gains were the main reason for the increase in welfare among the less well-off, while other income sources like pensions, social assistance or remittances have played a limited role. Labor income at the bottom of the distribution continues to be very low, however, and the sustainability of the employment gains is uncertain as the public sector played an important role for employment expansion in the period. Still, FYR Macedonia faces many challenges looking forward. Despite the recent improvements, poverty and inequality is still high when compared with other countries with similar levels of GDP per capita in the region. Income-generation opportunities for the poor are limited as the poor have very weak labor market attachment, their employment quality is lower than for the rest and are more likely to be employed in low productivity sectors. Inclusive growth seem also to be challenged by the differences in access to high wage jobs for women and the youth. Demographics seem important looking forward, since they will shape future labor markets performance
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  • 185
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The Malawi Economic Monitor (MEM) provides an analysis of economic and structural development issues in Malawi. This edition of the MEM was published in May 2017. It follows on from the four previous editions of the MEM, and is part of an ongoing series, with future editions to follow twice per year. The aim of the publication is to foster better-informed policy analysis and debate regarding the key challenges that Malawi faces in its endeavors to achieve high rates of stable, inclusive and sustainable economic growth. The MEM consists of two parts: Part 1 presents a review of recent economic developments and a macroeconomic outlook. Part 2 focuses in greater depth on a special, selected topic relevant to Malawi's development prospects
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  • 186
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: This economic update provides an overview of recent developments in the Nigerian economy.Low oil revenues and the lack of major tax policy reforms to significantly increase non-oil revenues led to large revenue shortfalls at all levels of governmentin 2016. Monetary policy remained accommodative, with broad money growth at 18.5 percent, driven by increased lending from the Central Bank to the Government to finance the budget deficit. After a sharp depreciation of the exchange rate following the June 2016 liberalization of the Naira,the Central Bank of Nigeria (CBN) maintained theinterbank exchange rate at around N 305 per USD. The chapter second describes the World Bank's view on Nigeria's economic outlook for 2017. The chapter third summarizes the findings of a forthcoming Bank report Toward Sustainable Growth in Nigeria: Empirical Analysis and Policy options, which analyzes the patterns of economic growth in Nigeria; the underlying determinants of growth from both a macro and micro perspective; and policy priorities tosupport higher growth. In addition, analysis of constraints to doing business and the impact of current trade policies highlights the need to improve access to finance, improve the reliability of power supply, and adjust trade policies to promote productivity growth
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  • 187
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The election of President Michel Aoun in October 2016 after almost two and a half years of a presidential vacancy, and the subsequent formation of a national unity government have generated hope for the resuscitation of the political process in Lebanon. Nonetheless, the protracted Syrian conflict is markedly worsening the country's vulnerabilities and remains an impediment to the return to potential growth. For the fifth year, Lebanon persists as the largest host (on a per capita basis) for displaced Syrians. In 2016, real GDP growth underwent a slight acceleration to reach an estimated 1.8 percent, compared to 1.3 percent in 2015. This was driven by an improvement in the real estate sector, marking a low threshold-effect from a weak performance in 2015 - cement deliveries expanded by 4.4 percent in 2016 compared to a contraction of 8.6 percent in 2015. Real GDP growth was also boosted by tourist arrivals, an indicator that registered an 11.2 percent growth in 2016. Nonetheless, economic activity persists below potential, inhibited by geopolitical and security conditions, which remain decidedly volatile
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  • 188
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: The objective of this paper is to develop an approach for integrating a gender dimension into Agricultural Sector Risk Assessments (ASRAs). The focus is on the approach because both agricultural risk and gender issues are contextual, thus the outcomes of a gender-based risk assessment are highly dependent on the social, cultural, geo-graphic, and economic contexts of the setting in which the assessment is applied. The organization of the paper reflects the challenges of incorporating a gender dimension into ASRAs. The conceptual framework and step-by-step illustrations presented herein are based on lessons learned by the World Bank and other institutions in assisting developing economies in conducting sector and key commodity supply chain risk assessments (World Bank 2015a). The paper also relies on recent work by international institutions and academic research that offer insights into the complexities of gender issues in relation to agricultural shocks. These experiences inform this paper's case for a gender-based approach to Agriculture Risk Management (ARM) and help to illustrate a practical, stepwise approach for conducting gender-based ASRAs. This paper is arranged as follows: Chapter 2 offers a summary of the conceptual framework for risk management, including addressing why a gendered approach to ASRAs is essential; Chapter 3 shows the available evidence that agricultural risk has a gender-differentiated impact on farming households and that farming households adopt a gender-differentiated response to risk; Chapter 4 describes a step-by-step operational approach for doing so, and includes guidance for formulating gender-smart policies and strategies for strengthening agricultural systems' resilience; and Chapter 5 presents a summary of findings and concluding remarks
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  • 189
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Health Study
    Series Statement: World Bank E-Library Archive
    Abstract: Stunting is a widespread and persistent condition in Indonesia with more than one-third of young children being stunted. The national stunting rate for under five-year-olds increased slightly from 3.8 percent in 2007 to 37.2 percent in 2013, based on official stunting rates reported by the Ministry of Health of the Government of Indonesia. During the same time period, the percentage of population in poverty reduced from 16. Percent to 11.4 percent (World Bank), suggesting that the increased purchasing power did not translate to better nutritional outcomes for children
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  • 190
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The Philippine economy remained resilient to global headwinds in 2016. While a slower-than-expected global recovery weakened net exports, surging domestic demands pushed the annual GDP growth rate to 6.8 percent, year-on-year. Investment drove economy-wide growth for the first time since 2013, as the government's expansionary fiscal-policy stance helped capital formation to expand by 20.8 percent year-on-year led by the construction sector. Consumption growth remained strong at a rate of 6.9 percent year-on-year, as accommodative monetary policies kept interest rates low, supporting a double-digit expansion in consumer lending. Meanwhile, low inflation at 1.8 percent boosted households' purchasing power, while a steady increase in remittance inflows accelerated the growth of household consumption. Overall, 2016 saw a marked rise in consumer confidence, reflecting a healthy job market and effective social protection programs
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  • 191
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Gender Assessment
    Series Statement: World Bank E-Library Archive
    Abstract: Despite economic progress over the last decade, disparities between women and men remain salient in Armenia, especially in dimensions that are powerfully influenced by social norms. In domains like education and health, gender equality in outcomes in Armenia are broadly comparable with those in Europe and Central Asia and better than those of lower-middle-income countries globally. However, barriers to women's access to economic opportunities persist and gender inequalities are manifest in demographic imbalances, and under-representation in leadership roles. Concerted policy efforts are required to close gender gaps that hamper growth of the overall economy
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  • 192
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Financial Sector Assessment Program
    Series Statement: World Bank E-Library Archive
    Abstract: A joint International Monetary Fund (IMF)-World Bank mission visited Rabat and Casablanca in 2015, to assess the soundness and resilience of the banking system, the state of play in financial inclusion and infrastructure, the oversight frameworks for banking, capital markets and financial market infrastructures, crisis preparedness, and update the findings of the Financial Sector Assessment Program (FSAP) conducted in 2007. This report summarizes the main findings of the mission, identifies key financial sector vulnerabilities, and provides policy recommendations. This report should be read in conjunction with the Financial Sector Stability Assessment of the IMF available at https://www.imf.org/external/country/mar/index.htm
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  • 193
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Keywords: 2017 ; Wirtschaftslage ; Wirtschaftsindikator ; Wirtschaftsprognose ; Indonesien
    Abstract: This Indonesia Economic Quarterly (IEQ) reports on the key developments over the past three months in Indonesia's economy as on January 2017. The return of global policy uncertainty and financial market volatility represent risks to Indonesia's growth outlook. However, Indonesia's recent economic performance and policy reforms can help weather these risks. Gross domestic product (GDP) growth eased in third quarter as government consumption fell. The current account deficit narrowed and direct investment was strong in third quarter. Domestic financial conditions remain robust despite recent global headwinds. Fiscal policy credibility was enhanced through expenditure cuts in 2016 and more realistic revenue targets in the approved 2017 Budget. Baseline projections for real GDP growth remain at 5.1 percent for 2016 and 5.3 percent in 2017. Improving the quality of public spending is critical for Indonesia to achieve its development goals in the short to medium term. Student-centered teaching practices result in better student learning outcomes
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  • 194
    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 World Bank is sharing the seventh edition of the Economic Update of Madagascar, which presents our analysis for the period up to the beginning of October 2017 and provides our medium-term economic outlook. Despite a challenging start due to two climatic shocks, we project growth at 4.1 percent in 2017, a continuation of the positive trend from last year. Key growth drivers in 2017 are expected to remain as services-related activities, construction works to partly support the reconstruction efforts from the natural disasters, and strong demand for Malagasy textiles from abroad. The severe drought in the first few months of the year affected agricultural activities and reduced hydroelectric power supply. Output for key staples such as rice fell, contributing to higher inflation and an increase in food imports. And in March 2017, Madagascar experienced its most severe cyclone in 13 years, where losses were estimated at USD 400 million, equivalent to approximately 4 percent of GDP
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  • 195
    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: Poverty reduction and youth employment remain deeply intertwined in Mauritania. Mauritania's job-related challenge is characterized by a low-growth macroeconomic context, high reliance on minerals and extractives, and marked poverty and social exclusion. With youth (15-24 year olds) comprising over 40 percent of the population as of 2014, they are particularly vulnerable to high social exclusion. The main objective of this policy note is to provide an overview of the jobs challenge in Mauritania, with a focus on constraints and opportunities facing youth over the short to long term. To this end, it assesses overarching youth employment trends and gaps and offers recommendations for facilitating their entry into good, productive jobs. The note analyzes policy options, risks, and opportunities for strengthening youth employment prospects over the short to long term, with a focus on active labor market programs within an integrated approach to diversification, job creation, and poverty reduction. Moving forward, stronger public-private coalitions lie at the heart of youth employment and social inclusion in Mauritania
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  • 196
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Series Statement: World Bank E-Library Archive
    Abstract: The objective of the policy note is to develop options and policy recommendations for the Government of Vietnam on strengthening food safety capacity. The note lays out the available information, analyzes the institutional and policy framework for food safety, discusses possible recommendations and provides an outline for actions for the next steps. It is expected that after being reviewed by development partners, peer reviewers and experts, the policy note would be endorsed by the World Bank Group management as the basis for submitting to the Government of Vietnam. An important framework within which this analysis has been conducted is the toolkit that the WBG's Trade and Competitiveness Practice has published on Food Safety Reform in 2014. Through its eight Fundamental Pillars, the toolkit serves as a comprehensive checklist of where to get started and how to prioritize when undertaking Food safety reform process
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  • 197
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The Sri Lanka development update report talks about the recent economic developments in Sri Lanka for the year 2015-2016. With no exception, Sri Lanka also faced the challenges of a trying global environment in 2015. Uncertainties in an election year that saw a major political transition contributed to elevate the risks stemming from global context. The accommodative policy choices supported economic growth. Authorities took policy measures aimed at stability, beginning 2016. The fiscal deficit rose sharply in 2015 due to increased expenditures in salary hikes and subsidies, one-off charges, reduced consumption taxes and increased interest costs on resultant deficit financing. A new IMF program is providing a solid platform for macro fiscal stability. World Bank supports the government's reform agenda, to eliminate obstacles to private sector competitiveness, enhance transparency and public sector management and improve fiscal sustainability. The government has undertaken to implement a medium-term reform agenda that aims to improve competitiveness, governance and public financial management that would bring in long-term benefits. These developments have contributed to an improved outlook. Growth is expected to remain unchanged in 2016 and grow marginally over 5.0 percent beyond, driven by private consumption and postponed FDI in 2015. The special focus section discusses the Systematic Country Diagnostic (SCD) for Sri Lanka, launched by the World Bank in February 2016. The SCD is an objective, evidence-based, candid assessment of the main challenges facing the country, without limitation to the areas where the WBG is currently engaged
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  • 198
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Series Statement: World Bank E-Library Archive
    Abstract: The Lebanon Economic Monitor provides an update on key economic developments and policies overthe past six months. It also presents findings from recent World Bank work on Lebanon. It places them in a longer-term and global context, and assesses the implications of these developments and other changes in policy on the outlook for Lebanon. Its coverage ranges from the macro-economy tofinancial markets to indicators of human welfare and development. As the political stalemate continues, policy-making bodies of the country are mostly inoperative. This is manifested by a presidential vacancy for two and a half years, a parliament that seldom convenes and a cabinet that hardly finds a consensus to take decisions. Amid fiscal policy paralysis, monetary policy under the proactive Banque du Liban (BdL) continues to actively manage economic and financial challenges facing the country. Economic activity in 2016 is marginally picking up, thanks to the construction and travel sectors in the context of benign security conditions. Real GDP growth is estimated to have reached 1.3 percent in 2015 and is projected to accelerate slightly to 1.8 percent, in 2016, partly on account of a moderate first half of 2016
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  • 199
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Education Study
    Series Statement: World Bank E-Library Archive
    Abstract: The labor force in Liberia is quite young. Youth aged 15 to 34 constitute over a third of thepopulation in Liberia and are somewhat concentrated in urban areas, according to the 2008census. These youth represent both a demographic dividend and a concern. The educational attainment of Liberian youth is steadily improving but remains low on average.Youth recognize that their lack of skills and experience are impediments to employment.The objective of this report is to assess youth skills development in Liberia.Given the composition of Liberia's economy and the concentration of the labor force outside formal employment, this report has a particular focus on skill development in vocational trades and the informal sector. This report comprises three analyses. Section Two constructs a profile of Liberian youth from existing administrative data are studied to enable a more detailed understanding of the current skill levels among working youth. Section Three first assesses skills development providers based on new survey data summarizes the results of original analysis carried out on data collected on a sample of 139 skill providers' training offerings, capacity, target beneficiaries, and other criteria. Next section three goes on to present young trainees' perceptions of skills development opportunities and limits, based on 354 interviews with recent trainees. This report contributes to the Government of Liberia's Agenda for Transformation (AfT) and the World Bank's Country Partnership Strategy (CPS) 2013-2017. Both recognize that inadequate skills and vulnerable employment are key constrictions on rapid, inclusive and sustainable growth.This report provides practical recommendations that align with pillars of the National Technical and Vocational Education and Training (TVET) Policy 2015-2020. This report makes recommendations specific to three pillars: promoting productivity in the agricultural sector through TVET, promoting productivity in the informal sector through TVET, and financing TVET
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  • 200
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Investment Review
    Series Statement: World Bank E-Library Archive
    Abstract: Moldova ranks as the most ...
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