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  • 2010-2014  (3,126)
  • Washington, D.C : The World Bank  (3,126)
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  • 1
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Private Sector Development, Privatization, and Industrial Policy
    Abstract: For the economy to attain its full potential, the Philippines requires an efficient water transport system. However, this is presently not the case. The domestic shipping industry is characterized by high costs, low quality of service, and a poor safety record. Logistics cost accounts for 24-53 percent of wholesale price, while shipping and port handling cost around 8 percent of wholesale price and 5 percent of retail price. Philippine domestic shipping is generally more expensive than in Malaysia or Indonesia, 2 other archipelagos. Moreover, it is more expensive to transport goods between 2 Philippine ports than between 2 Philippine ports via an international portrait In the East Asia region, the Philippines trails behind its neighbors in various logistics performance and connectivity indices. For instance, in liner shipping connectivity, the Philippines ranked 66th out of 157 countries in 2013, and performs the worst among a group of East Asian comparators. Delays in shipment, slow cargo handling, and frequent accidents are the top complaints of businesses. In the East Asia Region, the Philippines has the highest absolute casualty rate and this is 40 percent higher than the second ranked country, Indonesia. On average, there are 228 ships involved in accidents and 303 casualties per year in the Philippines. In seeking to enhance competition in the delivery of domestic shipping services, this assessment has therefore focused particularly on measures that would increase the opportunities and incentives for new players to enter the market, and for existing operators to expand or vary the services they offer
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  • 2
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Private Sector Development, Privatization, and Industrial Policy
    Abstract: The purpose of this policy note is to present reform options on cabotage liberalization. The goal of cabotage liberalization is to help i) foster more competition in the domestic shipping industry, ii) reduce shipping cost, and iii) improve efficiency, maritime services, and safety standards. These, together with complementary reforms in domestic shipping and ports, can help enhance consumer and producer welfare through lower consumer prices, higher household real income, timely delivery of goods, and ultimately, job creation and poverty reduction through greater market access. This policy note on cabotage is organized as follows. Part one provides an overview of the domestic shipping industry and discusses the key issues that it faces. Part two discusses the underlying reasons for the industry's inefficiency. Part three discusses the concept of cabotage, the cost and benefit of cabotage liberalization, and the cabotage regimes of the Philippines and of selected countries. Part four closes with a discussion of reform options
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  • 3
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Systems Approach for Better Education Results (SABER)
    Abstract: This report focuses specifically on policies in the area of student assessment. Papua New Guinea has focused on increasing student learning outcomes by improving the quality of education in the country. An effective student assessment system is an important component of efforts to improve education quality and learningoutcomes because it provides the necessary information to meet stakeholders' decision-makingneeds. In order to gain a better understanding of the strengths and weaknesses of its existing assessment system, Papua New Guinea decided to benchmark thissystem using standardized tools developed under The World Bank's Systems Approach for Better Education Results (SABER) program. SABER is an evidence-based program to help countries systematically examine and strengthen the performance of different aspects of their education systems. The goal of SABER-Student Assessment is to promote stronger assessment systems that contribute to improved education quality and learning for all
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  • 4
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Systems Approach for Better Education Results (SABER)
    Abstract: The Democratic Republic of the Congo (DRC) has focused on increasing student learning outcomes by improving the quality of education in the country. An effective student assessment system is an important component to improving education quality and learning outcomes as it provides the necessary information to meet stakeholders' decision-making needs. In order to gain a better understanding of the strengths and weaknesses of its existing assessment system, DRC decided to benchmark this system using standardized tools developed under The World Bank's Systems Approach for Better Education Results (SABER) program. SABER is an evidence-based program to help countries systematically examine and strengthen the performance of different aspects of their education systems. The key policy areas for this students assessment are as follows: (i) Classroom Assessment; (ii) Examinations; (iii) National Large-Scale Assessment (NLSA); and (iv) International Large-Scale Assessment (ILSA)
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  • 5
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group states that the infrastructure gap is enormous --an estimated USD 1 trillion to USD 1.5 trillion more is needed each year. To fill this gap, the Bank needs to tap into the trillions of dollars held by institutional investors, most of which are sitting on the sidelines, and direct those assets into projects that will have great benefit for a range of developing countries. The Bank announced the creation of the Global Infrastructure Facility, which is designed to attract financing for infrastructure needs. To combat Ebola, the Bank needed to move to an emergency footing. During all of the efforts on infrastructure, Ebola, and climate change, teams from across the institution worked collaboratively and displayed an inspiring commitment to innovation. The Bank will be aggressive and creative and apply large-scale solutions to help states manage, prepare for, recover from and conquer the risks, so they can grow and flourish. The Bank's strategy on climate change has five parts: carbon pricing, eliminating fuel subsidies, cleaner cities, smart agricultural policies, and renewable energy investment
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  • 6
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Systems Approach for Better Education Results (SABER)
    Abstract: This report presents an analysis of the Early Childhood Development (ECD) subsector, including programs and policies that affect young children in the Republic of Kiribati. This was a collaborative effort between UNICEF and the World Bank Group; it combines the World Bank Group's Systems Approach for Better Education Results SABER-ECD framework, which includes analysis of early learningand child p, health, nutrition, and social rotection policies and interventions in Kiribati, along with regional and international comparisons, as well as the regionally developed UNICEF National Situational Analysis ECD, which takes a greater in-depth look at the following system components, which have been highlighted by the Pacific Region as priority components for quality Early Childhood Care and Education (ECCE) implementation: policy, legislation, and governance; human resources; curriculum, child assessment, and environment; performance monitoring and assessment; and community partnerships. In 2008, the Ministry of Education (MOE) drafted the Kiribati Early Childhood Care and Education (ECCE) Policy, which was formally endorsed by Cabinet in 2010. The ECCE policy, targeting ages three to five, calls ECCE a "national responsibility" with a mission "to culturally nurture young children in a loving and caring environment to enhance through interactive play the fullest potential of their physical, intellectual, social, emotional and spiritual growth in line with trends and development". This country report presents a framework to benchmark Kiribati's ECD system; each of the nine policy levers and five system components are examined in detail, and policy options to strengthen ECD are offered. This report is intended to serve as a first step for decision making within the government of Kiribati to improve the ECD system. Now that some areas in need of policy attention have been identified, the country can move forward in prioritizing policy options to promote healthy and robust development for all children during their early years
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  • 7
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Financial Sector Study
    Abstract: This study presents options for disaster risk financing in Brazil, drawing from international experience. The study presents a series of complementary options for disaster risk financing, based on a preliminary fiscal risk analysis and a preliminary review of the current budget management of natural disasters in Brazil. It benefits from the international experience of the World Bank, which has provided assistance to several countries on the design and implementation ofsovereign disaster risk financing strategies (e.g. Mexico, Colombia, Peru, Indonesia, Vietnam, Philippines, Pakistan and the Caribbean island states). This experience is tailored to the extensive risk profile and institutional, social and economic characteristics of Brazil, as well as to the availability of relevant data
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  • 8
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: Public-private dialogue (PPD) is highly necessary in fragile and conflict-affected situations (FCS) to fill the gap resulting from the lack of legitimate institutions, to help create transparency and trust among stakeholders, and to identify the need for reforms and interventions that can improve the business environment and attract investment. Moreover, creating a platform for PPD can provide a useful starting point for private sector development in FCS for projects in key sectors, such as agribusiness and extractives, where PPD can help build links between large-scale investments and the local economy. To support PPD projects in FCS, the World Bank Group has conducted a survey of 27 task team leaders and other program staff members with experiences from 30 FCS countries. The survey was followed by in-depth interviews with 13 key staff members who have experience from selected countries. By conducting in-depth interviews, the Bank Group aimed to capture important experiences and lessons learned, including a description of challenges, useful tools and methods, and do s and don ts. The results of PPD are produced by the reforms it initiates and also the process it implements. In FCS, the peacebuilding and conflict-mitigating results are difficult to capture. However, the stakeholders that benefit from the results highly value them. This study will inform the design of guidelines intended for PPD project managers operating in FCS environments
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  • 9
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: Legislation based on international standards and harmonized between trade partners facilitates trade and enables products from developing countries to be competitive in the international market. Countries looking to export to the EU should aim to harmonize legislation with EU rules. If exporting to EU markets is not a priority, countries should follow requirements of the WTO SPS agreement and thus ensure that their products can access markets of all WTO member states. Both the EU and WTO legislative models for food safety require a risk-based approach to food safety controls, prioritizing funds and activity on the most risky areas. Reforms in this area should be primarily focused on ensuring food safety, although ensuring that consumers are receiving the quality of food that they expect is also a consideration. When planning legislative reform, the burden on business should be carefully considered, and consultation with the business community is strongly recommended to obtain a good understanding of the business perspective. Public awareness on the need for reforms can be important and it is essential to outline the benefits of improved food safety legislation to consumers and their representative bodies as they can help to support reforms and sustain their results
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  • 10
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Water Papers
    Abstract: Given the broad array of issues and the complexity faced by the water sector as a whole (from irrigation to flood protection, to water conservation and hydropower), there is great demand for future exploring the potential of RBF and tackling the questions still unanswered about many of its operational dimensions. This document takes a closer look at some of the practical aspects of implementing various RBF water schemes. Chapter 2 provides an analytical framework to explore if and when RBF can be a viable option, shedding light on some key factors and preconditions that are necessary for RBF to work--with the understanding that it can be used either as an alternative or a complement to a more traditional input-based funding scheme. Chapter 3 then revisits the concepts discussed in the analytical framework through the analysis of various case studies of RBF approaches in different water-related areas. Some of the case studies are based on actual projects already implemented or ongoing, while others are an illustrative elaboration, given the lack of practical cases to use as sources. Chapter 4 presents some conclusions and lessons learned. The key challenges that are likely to be encountered in designing an RBF scheme deal with: the clarity and level of certainty of the relationships from input to output to outcomes (causal links); the ease and availability of measurable indicators; and, consequently, the optimal determination of the necessary incentive(s) to align the goals of the principal with the agents' deliverables. Appendix A presents a glossary of RBF concepts and acronyms. Appendix B presents specific results and indicators which may be relevant for different sectors
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  • 11
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Agricultural Study
    Abstract: This sourcebook summarizes the outputs and lessons of the Livestock in Africa: improving data for better policies project. It aims to present the challenges facing professionals collecting and analyzing livestock data and statistics and possible solutions. While the Sourcebook does not address all conceivable issues related to enhancing livestock data and underlining statistical issues, it does represent a unique document for a number of reasons. To begin with, it is possibly the first document which specifically addresses the broad complexity of livestock data collection, taking into consideration the unique characteristics of the sector. Indeed, in most cases livestock data are dealt with, if ever, within the context of major agricultural initiatives. Second, the sourcebook is a joint product of users and suppliers of livestock data, with its overarching objective being to respond to the information needs of data users, and primarily the Ministries responsible for livestock in African countries and the National Statistical Authorities. Finally, the sourcebook represents a unique experiment of inter-institutional collaboration, which jointly places the World Bank, the FAO Animal Production and Health Division, the ILRI and the Africa Union, Interafrican Bureau for Animal Resources as well as national governments in Niger, Tanzania and Uganda at the forefront of data and statistical innovation for evidence-based livestock sector policies and investments. This sourcebook represents a first step towards a demand-driven and sustainable approach to enhance the livestock information available to decision makers. It is hoped it will provide a useable framework for significantly improving the quantity and quality of livestock data and statistics available to the public and private sector, and also increase the efficacy of investments that country governments and the international community allocate to generate information for livestock sector policies and investments
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  • 12
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Education Study
    Abstract: Swaziland's economic growth has moderated over the last two decades and has been among the lowest in Sub-Saharan Africa. The slow growth has exacerbated the serious challenges facing the country's development, for example, high unemployment, particularly among the youth. The demographic shift in the coming two decades will cause working age population growth to outpace population growth. At the recent Gross Domestic Product (GDP) growth rates, job creation will fail to keep pace with the number of new entrants, most of them are the youth and current job seekers in the labor market. Although skills development is a continuing process and most of it takes place on the job, for young people, foundation skills are developed in education and training institutions. In particular, their basic vocational and technical skills are developed through technical and vocational education and training (TVET). Thus, whether the current TVET system in the country can meet the above mentioned expectations needs to be examined. The rapid assessment provides an overview of a highly varied landscape of TVET providers. At present, Swaziland has 70 TVET institutions, 27 are public, 29 are private for-profit, and 14 are run by NGOs, churches and communities (private but non-profit). These institutions offer 415 training programs in 60 areas ranging from vocational programs such as sewing, farming, carpentry, et cetera to highly technical and professional programs such as business management, computer programming, education, et ceteraThe assessment also reveals the fragmentation and lack of coordination of the country's current TVET system. Some principal weaknesses include : 1) Low efficiency of the system, especially in the public sector; 2) Limited range of programs; 3) Lack of strong quality assurance mechanisms at both national and institutional levels; 4) Insufficient public investment in TVET. From the assessment, it is clear that urgent attention must be given to the weak alignment between current TVET provision and labor market requirements. This is particularly evident in priority industries of tourism, food processing, manufacturing, and mining. This report sheds light on potential areas for policy intervention to improve the TVET system and make it more effective in helping address youth unemployment in the country
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  • 13
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Public Sector Study
    Abstract: The report is organized as follows. Section two reviews the identity ecosystem in Morocco. The section discusses in detail five identification programs that seem to have complementary strengths and that can be considered as assets. These are the national identity (CNIE), the civil register, the children school register (MASSAR), the register of health assistance (RAMED), and the social security register (CNSS). Section three, provides a global analysis of the data collected and highlights the findings within a holistic view. Section 4 presents some options that may be explored to improve the identification systems in the country. In annex one, the color coded performance matrix for the What Matters factors is given for reference. The methodology of the research is briefly presented in annex two along with the raw data collected through the SPA ID Questionnaire tool, and in annex three some population data from HCP that is used in this report is provided for convenience. It is important to emphasize that in developing options for consideration we worked within the constraint of leveraging existing assets and avoided strategies that would result in activities that overlap with what has been done in the past. This is particularly true for enrollment of the population, which is a costly process. This approach recognizes the need to leverage the existing enrollment databases and procedures
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  • 14
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, notes that we stand at a critical threshold for global health and development. Too many women and children are still dying because they lack access to quality health care, especially in the least developed countries. He talks about shifting focus from inputs to paying for results, an approach that has been proven to be extremely effective in getting high quality, essential health services to women and children. He remarks that empowering frontline health workers with the autonomy and resources to develop strategies to improve service delivery has resulted in transformational changes in access and quality. As countries move toward universal coverage, fewer mothers die in childbirth, and more babies are born healthy
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  • 15
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses fundamental issues in global development and the World Bank Group's role in helping countries and the private sector meet the greatest challenges in development. He speaks about the twin goals, to end extreme poverty by 2030 and to boost shared prosperity. Due to television, everyone knows how everyone else lives. We must not remain voluntarily blind to the impact of economic choices on the poor and vulnerable. He added that we must ensure that our economic progress does not irreparably compromise our children's future due to climate change. World Bank's lending capacity - or the amount of loans we can carry on our balance sheet -- will increase by USD 100 billion dollars in the next decade, to roughly USD 300 billion dollars. He concludes by saying that all parts of our global society must unite to translate the vision of a more just, sustainable economy into the resolute action. That will be our legacy to the future. Dr. Kim fielded questions
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  • 16
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses how to boost Latin America's growth. The region needs to increase productivity, spur innovation, and adapt its productive structure to changing circumstances which must become a national priority for all countries, independent of their political cycles and ideologies. Improving logistics and infrastructure, education, and the contractual environment are critical to advance development in the region. World Bank Group is working with the Haitian Government and the private sector to introduce best practices in public-private partnerships and to create opportunities for the Haitian people who have been waiting so long for them. He concludes by saying that providing disadvantaged children access to a quality education raises their productive capacity and enhances social inclusion through higher employability leading to higher growth and improved quality of life
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  • 17
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, said he was honored to share the Prince Mahidol award with a distinguished group of individuals who have spent many years fighting to end the HIV-AIDS epidemic. He said that Thailand was the first developing country to mount a successful HIV prevention response. Thailand's successes in AIDS prevention and treatment were not inevitable, neither was its quest for universal health coverage. He have learned that investing in people is not just the right moral choice, ambitious reforms require skillful balancing of competing demands and a handful of committed people with vision have the power to change the world. He concludes that lessons are universal and timeless that we can achieve great things, if we learn from history, and contribute to a lasting evidence-based wisdom
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  • 18
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Systems Approach for Better Education Results (SABER)
    Abstract: The Solomon Islands has focused on increasing studentlearning outcomes by improving the quality of educationin the country. An effective student assessment systemis an important component of efforts to improveeducation quality and learning outcomes because itprovides the necessary information to meet stakeholders' decision-making needs. In order to gain abetter understanding of the strengths and weaknesses ofits existing assessment system, the Solomon Islands decided to benchmark this system using standardized tools developed under The World Bank's Systems Approach for Better Education Results (SABER) program.SABER is an evidence-based program to help countriessystematically examine and strengthen the performanceof different aspects of their education systems. The goal ofSABER-Student Assessment is to promote stronger assessment systems that contribute to improved education quality and learning for all
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  • 19
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy Notes
    Abstract: This is a policy note following from the book Health Financing in the Republic of Gabon. The book is a comprehensive assessment of health financing in the Republic of Gabon. The book reviews the health financing situation in light of the government's introduction of a national health insurance program and its commitment to achieving universal health insurance coverage in the medium term. The book provides a diagnostic of the situation in light of recent data from the demographic and health survey, updated national health accounts, and a review of public expenditures in the health sector. Additionally, it performs a benchmarking exercise to assess how Gabon performs in its health spending and health outcomes compared to countries of similar income and compared to countries in the region. A forthcoming household survey is expected to provide better information on financial protection against illness costs. This book attempts to diagnose Gabon's current situation in regards to achieving universal health coverage. Gabon should be commended for its commitment to improving health indicators of the poor and the underserved. The book shows that while the government has set an ambitious goal for itself, several challenges exist in meeting these objectives in the medium term as follows (i) resource mobilization efforts are a priority to sustain its programs financially; (ii) to prioritize resources for areas considered, value for money, to improve equity in access and delivery of health services, with particular focus on primary care, public health program, and quality of care; (iii) to increase the population's coverage under the national health insurance program, with focus on the poor and the informal sector workers; and (v) to consider areas that would improve efficiency and reduce costs. The book is timely, given that the government has recently produced, the Plan Social. It provides a diagnostic of the health sector and provides key recommendations and options for the government to consider in the short to medium term
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  • 20
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses how the World Bank is focused on a prosperity that is shared by everyone, and to lift the billion or so people living in extreme poverty out of that condition so that they can have those things that everybody in the world seems to want. He speaks about the inequality in the economic growth of the countries around the world. He highlights the health care and education sectors as essential to improving lives in developing countries. He points to the fact that the time is now to think about positive ways of moving in a direction to grow economies and at the same time, increase the participation of everyone. He talks about how the World Bank Group is working very hard now to reduce bureaucratic processes so that people in the countries feel a difference. He speaks about climate change and the challenges involved in tackling it. He concludes by saying that they're looking at every possible way of investing in people, of spurring innovation
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  • 21
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group discusses measured hope and optimism, to share a vision for a path forward, to a just and sustainable future in the Middle East and North Africa. He talks about a way forward to help not only Syria rebuild, but also to help Lebanon, Jordan, Turkey, and Iraq recover from the massive spillover effects of the war is to be supported by the principles of co-existence, tolerance, compromise, transparency, good governance, and inclusive economic growth. He talks about the need for improvement in quality of education. He talks about development that requiring a commitment to transparency on the part of governments, and well-informed citizens to hold governments accountable. He speaks about helping women overcome the multiple legal and cultural constraints that have kept their labor force participation in the region at 29 percent, the lowest in the world. He talks about the young people here and throughout the Arab world deserve a chance to grow up in a region that is focused on creating jobs, not on conflict-a region focused on inclusive growth, not on growth for just the elite. The region needs to invest in its people with strong education and health systems
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  • 22
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses the problem of global inequality. He speaks about the commitment for building the platform which would bring the expertise of not only the World Bank, but the International Monetary Fund (IMF) and other multilateral development banks, to prepare projects and bridge the gap in what is a market failure. He speaks about the companies that were represented, sovereign wealth funds, the countries that had signed on, including China, which has made very strong commitments to finding a price on carbon for the world. He highlights about the need for some source of funding that will disperse immediately on the occasion of the next epidemic, and the global community needs to come together to decide what the response will be. Christine Lagarde, IMF Managing Director, commended Kim on his efforts in the fight against Ebola. Lagarde noted that much of Africa is growing and creating jobs. The two fielded questions on Ebola, the role of China in these institutions, China's investment-led growth strategy, and the Asian Infrastructure Investment Bank
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  • 23
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group discusses the importance of safety nets and social protection that countries provide to their citizens. He announces supporting for Mexico's second-generation safety net program PROSPERA, which provides a financial cushion to poor people, allowing them to achieve a higher level of health and security and giving them the chance to learn skills and to find good jobs to become more productive workers, to raise their income levels, and to promote economic growth. He talks about Mexico that played a crucial role in sharing lessons learned from its leadership in the sector and responding to presentations on the experiences of other countries that have faced similar challenges
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  • 24
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, focuses on economic policy as the key to mobilizing a coordinated global response to climate change. He talks about the need to confront climate change, without which there will be no hope of ending poverty or boosting shared prosperity. He adds that the longer the delay in tackling climate change, the higher the cost will be to do the right thing for our planet and our children. He affirms that from the Paris meeting we will make the rallying cry for effective management of local, national and global economies to fight climate change. The Paris agreement needs to speak as loudly of economic transformation as it does of pollution or carbon emissions targets. Carbon pricing that can raise revenues and can be used to generate more economic and social benefits. Specific efforts are needed to scale up renewable energy and develop carbon capture and sequestration technology, at a pace that will allow us to reach carbon neutrality by the end of the century. He concludes by saying that he will drive the World Bank Group and all its capabilities--financial, technical, and human--to support this development transition toward the goal of preserving our planet for all future generations
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  • 25
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, emphasized that children learned better when we level the playing field at an early stage. He stressed the need for stronger basic education with immediate investment, and a focus on recruitment, grooming, and motivation of teachers. He concluded that we must sustain this momentum and use all available resources and evidence to make sure that every child is in school and learning
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  • 26
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Systems Approach for Better Education Results (SABER)
    Abstract: SABER-Student Assessment is a component of the SABER program that focuses specifically on benchmarking student assessment policies and systems. The goal of SABER-Student Assessment is to promote stronger assessment systems that contribute to improvededucation quality and learning for all. Samoa has focused on increasing student learningoutcomes by improving the quality of education in the country. An effective student assessment system is animportant component of efforts to improve education quality and learning outcomes because it provides the necessary information to meet stakeholders' decision making needs. In order to gain a better understanding ofthe strengths and weaknesses of its existing assessment system, Samoa decided to benchmark this system usingstandardized tools developed under The World Bank's Systems Approach for Better Education Results (SABER)program. SABER is an evidence-based program to helpc ountries systematically examine and strengthen the performance of different aspects of their education systems
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  • 27
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: Detailed principles of accounting for financial instruments have been prescribed in Financial Instruments Regulation, but some general principles in that area have also been outlined in the Accounting Act. According to article 3, paragraph 1, point 23 of the accounting act, financial instrument is defined as any contract giving rise to financial assets of one entity and a financial liability or an equity instrument of another entity, on condition that the contract concluded by two or more parties clearly results in economic effects, irrespective of whether the execution of contractual rights or obligations in unconditional or conditional. Financial assets include: monetary assets (assets in the form of domestic currency, foreign currencies and foreign exchange instruments and other financial assets, in particular accrued interest on financial assets, equity instruments issued by other entities, and contractual right to receive monetary assets or to exchange financial instruments with another entity under favorable conditions. Equity instruments are defined as contracts which give right to assets of an entity which remain after satisfying or securing all its creditors, as well as an obligation of an entity to issue or deliver its own equity instruments, in particular shares, share options or warrants
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  • 28
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, shares the good news that the governors of the World Bank Group have set ambitious goals to end extreme poverty by 2030 and to boost shared prosperity for the bottom 40 percent of the population in developing countries. He noted that increased economic activity among women has translated into a reduction in poverty by about 30 percent and has helped insulate their households from the recent financial shocks. We need to address our blind spots. We need to draw more attention to the major constraints for women and girls that are right in front of us. Discrimination and prejudice destroy economic opportunity. He reminds us that Malala Yousafzai started a social movement around education for girls first in Pakistan, and then around the world. If we can even begin to move together with that kind of resolve, the world will be more peaceful, more prosperous, more just and worthy of the mothers who gave birth to us
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  • 29
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Systems Approach for Better Education Results (SABER)
    Abstract: This report presents an assessment of school feeding policies and institutions that affect young children in Uganda. The analysis is based on a World Bank tool developed as part of the Systems Approach for Better Education Results (SABER) initiative that aims to systematically assess education systems against evidence based global standards and good practice to assist countries reform their education systems for proper learning for all. The overall objective of the initiative is to help countries design effective policies to improve their education systems, facilitate comparative policy analysis, identify key areas to focus investment, and assist in disseminating good practice
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  • 30
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Public Investment Review
    Abstract: This report is intended to provide in one single document the background, principal recent and current World Bank activities and the proposed program of technical assistance to the Government in the area of public investment programming and management in post-revolution Libya. Aside from the convenience, both for the Bank and other international partners, of a synthesis of all major assessments and advice provided by the Bank in this central area of public sector management, this report shows the substantial continuity of diagnosis and assistance from the immediate aftermath of the Revolution through mid-2014. The first section recounts the early activities and, against that background, the second section summarizes the activities conducted and initial results achieved during FY2014. The concluding section lists the preliminary agreements with the Government on how to build on those initial results with complementary activities and deepening of a number of initiatives, specifically during FY2015 and with general indications for the subsequent years. The text of the report is limited to a summary of key issues and recommendations, with full details provided in the several annexes
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  • 31
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses the need for more trained health workers in the countries most-affected by Ebola, the Global Infrastructure Facility, and fight against cholera in Haiti. The World Bank Group is pledging USD 50 million to help improve access to safe water and sanitation for all Haitians, aimed at preventing waterborne diseases
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  • 32
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses two goals: to end extreme poverty by 2030 and to boost shared prosperity for the bottom 40 percent of the Population. These efforts require us fight against corruption in its many forms. He talks about the need to be alert, respond immediately when things go wrong, learn from the experience, and assure it doesn't happen again. He cautions about the lack of governance, which is a necessary condition for corruption to thrive. The challenge is to get the knowledge and tools to the right people at the right time, and to fully leverage opportunities for reform. World Bank, with support from Australia, Denmark and Norway, created the International Corruption Hunters Alliance to engage in what is happening at a multilateral level, to provide access to the latest anti-corruption tools and information, and to create the dialogue that drives our collective effort to beat corruption. He concludes by saying that the intersection with corruption and dirty money are undeniable, and the implications for sustainable, inclusive development are clear
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  • 33
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses maternal and child deaths; developing finance; and transforming business in global health and development. He announced that the creation of the Global Financing Facility in support of Every Woman Every Child will enable countries to close the gaps in achieving the health millennium development goals, building on proven experience with results-based financing for health. The Facility will help countries mobilize additional domestic and international resources, including from domestic budgets, other bilateral and multilateral donors, the private sector, and innovative financing mechanisms
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  • 34
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, spoke about how the Bank and other institutions can help boost shared prosperity and reduce inequality around the world. He talked about the importance of measuring income growth among the bottom 40 percent and compared that to the general population, but stressed that income alone cannot fully capture whether the bottom 40 percent are sharing in the prosperity of a country. Kim also spoke about the terrible consequences when institutions have too low aspirations for the poor, which the world is once again learning in its late response to the Ebola epidemic. He discussed that it's not only a moral imperative for countries to come to the aid of the three countries most affected by the epidemic, Guinea, Liberia, and Sierra Leone, but also an economic imperative to respond as rapidly and effectively as possible now before the epidemic spreads much wider
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  • 35
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Systems Approach for Better Education Results (SABER)
    Abstract: Across the globe, the author see increasing interest in attracting, retaining, developing, and motivating great teachers. Student achievement has been found to correlate with economic and social progress. Recent studies have shown that teacher quality is the main school-based predictor of student achievement and that several consecutive years of outstanding teaching can offset the learning deficits of disadvantaged students. However, establishing the right teacher policies to ensure that every classroom has a motivated, supported, and competent teacher remains a challenge; evidence on the impacts of many teacher policies remains insufficient and scattered, the impact of many reforms depends on specific design features, and teacher policies can have very different impacts depending on the context and the education policies in place. The main focus of SABER-teachers is on policy design, rather than on policy implementation. SABER teachers analyzes the teacher policies formally adopted by education systems. However, policies 'on the ground,' that is, policies as they are actually implemented, may differ quite substantially from policies as originally designed. In fact, they often do differ, because of the political economy of the reform process, lack of capacity of the organizations in charge of implementing them, or the interaction between these policies and specific contextual factors. Since SABER-Teachers collects limited data on policy implementation, the assessment of teacher policies presented in this report needs to be complemented with detailed information that describes the actual configuration of teacher policies on the ground
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  • 36
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: The purpose of this report on corporate financial reporting in Austria is to describe the key features of Austria's corporate financial reporting environment as well as its practical application in regard to small and medium enterprises (SMEs') financial reporting practices in Austria. This report builds on the World Bank accounting and auditing reports on standards and codes (ROSC) methodology to give an overview of the Austrian corporate financial reporting system. It selectively provides good practice examples that can give incentives to overcome impediments to financial reporting reform. Based on the findings of two surveys conducted among Austrian SMEs and Austrian financial institutions, the report focuses particularly on aspects relevant to SME financial reporting. This report forms part of the activities of the center for financial reporting reform (CFRR) within the road to Europe program of accounting reform and institutional strengthening (REPARIS), which also provided funding
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  • 37
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: Located in South Asia, Pakistan is the sixth most populous country in the world. Pakistan is divided into four provinces, a state and federally and provincially administrated territories. The country is exposed to several types of natural disasters, prominent among which are earthquakes, floods, droughts, cyclones and landslides. Recurring floods formed the bulk of the natural disasters to have struck Pakistan since the country's formation, with the collective toll of the floods prior to the earthquake of 2005 leaving 6,700 people dead. Windstorms, though less frequent, have also been devastating for Pakistan. As of the earthquake of 2005, the windstorm of 1965 remained the most fatal natural disaster in the country's history, claiming about 10,000 lives. The devastation caused by the earthquake of 2005, however, eclipsed all previous disasters. Reacting decisively to the earthquake, the government established a new reconstruction agency, the Earthquake Reconstruction and Rehabilitation Authority (ERRA) to lead, coordinate and oversee reconstruction. This case study, based on comprehensive literature review and interviews with key stakeholders, presents the highlights of the post-earthquake reconstruction process. It outlines the decision-making processes in recovery planning and extracts best practices and key lessons learned from the experience
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  • 38
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Foreign Trade, Foreign Direct Investment, and Capital Flows Study
    Abstract: Uruguay has much to gain from further integration with the global marketplace. Increased trade allows economies of scale and increases exposure to technological and knowledge spillovers, resulting in greater productivity. Participating in global and regional value chains is an important launch-pad for international integration. Uruguay requires a multipronged strategy that targets increased sophistication of Uruguay's productive structure and diversification into specialized, high-value, modern services exports unconstrained by lack of economies of scale or distance. This report analyzes the dairy and Information and Communications Technology (ICT) and ICT Enabled Services (ICTES) value chains in Uruguay to identify opportunities for industry-specificupgrading and integration with global value chains (GVCs). By taking the dairy and ICT/ICTES value chains as concrete cases, the analysis piloted here illustrates how a traditional industry, locked in low value added exports, such as dairy, and a new export service industry, such as ICT/ICTES, can tackle the remoteness and 'smallness' challenges of Uruguay, and pursue economic upgrading andbetter international integration. The analytical approach targets opportunities to both enter new international production networks and participate in higher-value-added business segments. These objectives align with the Government of Uruguay's priority to determine how the country can integrate better with global markets through GVCs. GVCs have four key features that set them apart from traditional production and trade: (1) customization of production-with intensive contracting between parties, often subject to distinct legal systems, (2) sequential production decisions going from the buyer to the suppliers, (3) high contracting costs, and (4) global matching not onlyof goods and services, but also of production teams. These distinct features of GVCs have implications for the overall business environment conducive to fertile grounds for GVCs to prosper, as well as for the types of trade facilitation efforts, infrastructure, skills, and trade and investment policies that are best suited for this reality
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  • 39
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Law and Justice Study
    Abstract: Afghanistan has a multitude of complementary, competing, and at times conflicting spaces for rule-setting and dispute resolution; state laws, Shari'a, and customary practices and norms are applied and enforced in varying situations, by state as well as non-state justice institutions. State justice institutions are those which represent the central government and the formal legal system. Non-state justice institutions include a range of both traditional and new community organizations, such as shuras (local councils), among others. Even significant individual positions in communities can represent non-state justice institutions, as can be the case for mullahs. This study looks at the gender dynamics of access to justice services in Afghanistan. It examines the intersecting spaces of state and non-state institutions and their respective bodies of law and norms to gain a better understanding of how they affect the choices that women make in resolving disputes through those institutions. By investigating barriers hindering women's access to justice services, identifying the most common disputes or cases that women and men bring before justice institutions, examining justice-seeking behaviors of women and men, and documenting levels of satisfaction with the process and its outcomes, the study aims to provide Afghan and international policy makers and program designers with quantitative evidence to devise approaches that address gender-based inequities in women's access to justice and justice outcomes. Another contribution of this study is to inform the World Bank-financed Justice Service Delivery Project (JSDP), which is aimed at improving access to justice by supporting both state and non-state justice institutions
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  • 40
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: The initial hours and days after a humanitarian emergency are generally seen as the most important. Because they affect the rapid deployment of relief to people in need, international trade policies, and the way in which they are implemented, can make an enormous difference to the effectiveness of the humanitarian response, in many cases, the difference between life and death. The same issues that affect trade on a daily basis, such as costly, inefficient and onerous borders procedures, are magnified in times of humanitarian emergencies where speed and reliability of delivery are so critical. Trade also plays a key role in recovery and reconstruction well beyond the initial phase of an emergency. This report surveys three main areas at the intersection of trade-related policies and humanitarian emergencies: (i ) border procedures and trade facilitation; (ii) trade and disaster recovery and reconstruction; and (iii) other trade policies affecting humanitarian response
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  • 41
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: Running a business involves continuous growth. Such growth can be organic, stemming from resources created internally in the enterprise. However, in many cases an external development strategy is adopted, based on acquisition of other entities. Such an acquisition may involve creation of a capital group, within which each of the companies maintains its separate legal personality. However, if a capital group is not the optimal form for the given business activity, acquisition of another entity may take form of a business combination. In such case, assets and liabilities of the acquire are directly incorporated into the books of the acquirer. The overriding principle of accounting regulation is primacy of economic substance over legal format. Pursuant to this principle, economic transactions must be recorded in the accounting records in accordance with their economic nature1. In order to determine properly the economic nature of a business combination, an analysis must be performed of economic impacts of such a combination. Economic consequences for merging entities are described in the provisions of commercial law
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  • 42
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Marek Belka, Chairman of the Development Committee, stated that there was a very broad, uniform support for the twin goals of the World Bank Group. He noted the resounding support for internal reforms at the World Bank Group. Jim Yong Kim, President of the World Bank Group, spoke about the change process and the success in developing and bringing together Global Practices and cross-cutting solution areas throughout the world. He noted the IDA replenishment and new financial arrangements that will allow increased lending in the next few years. He concludes by noting the need for a carbon price and the need to reduce fossil fuel subsidies, the importance of energy efficiency and improved performance standards, and and also long-term finance for renewable energy. Christine Lagarde, IMF Managing Director, affirms that the IMF will continue to work on the issues of inequality, gender inclusion, growth, and the job market, and the fiscal aspect of climate change and how those matters of macroeconomic criticality can be addressed using fiscal tools. They fielded questions on IMF governance reform, the impact of technological change on employment, and the pace of the Global Infrastructure Facility
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  • 43
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group discusses efforts of the leaders of the United Nations system toward the Ebola epidemic, and their work toward a unified approach on the ground in West Africa. The goal is to get to zero cases. He talks about the need for community-based care facilities with well-trained health workers and strong triage, diagnostic, treatment and referral capabilities in the affected countries. He speaks about the need to accelerate and adapt the response to changing conditions on the ground and also prepare for the recovery. He assured continued support as development partners to the Ebola-affected countries
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  • 44
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses the Ebola epidemic as continuing as a serious threat, not only in terms of human lives, especially in the three most affected countries - Guinea, Liberia, and Sierra, but to the regional and global economies as well. He then addressed educational reform. To promote inclusive growth, the World Bank Group works to facilitate the diffusion of knowledge and support countries in investing in the productivity and skills of their people. Taking on new challenges, solving problems creatively, and working across different backgrounds and cultures, will be important tasks for the vast majority of human beings in the 21st century. He discussed shortcomings of Korea's educational system
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  • 45
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Systems Approach for Better Education Results (SABER)
    Abstract: This report presents an assessment of school health policies and institutions that affect young children in Uganda. The analysis is based on a World Bank tool developed as part of the systems approach for better education results (SABER) initiative that aims to systematically assess education systems against evidence based global standards and good practice to help countries reform their education systems to help ensure learning for all. School health policies are a critical component of an effective education system, given that children's health impacts their school attendance, ability to learn, and overall development. SABER school health collects, analyzes, and disseminates comprehensive information on school health policies around the world. The overall objective of the initiative is to help countries design effective policies to improve their education systems, facilitate comparative policy analysis, identify key areas to focus investment, and assist in disseminating good practice
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  • 46
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: Improving logistics performance is at the core of the economic growth and competitiveness agenda. Policymakers globally recognize the logistics sector as one of their key pillars for development. Trade powerhouses in Europe like the Netherlands or in developing countries like Vietnam or Indonesia see seamless and sustainable logistics as an engine of growth and of integration with global value chains. Indeed, inefficient logistics raises the costs of trading and reduces the potential for global integration. This is a hefty burden for developing countries trying to compete in the global marketplace. Since 2007, the Logistics Performance
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  • 47
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: This note presents practical guidance on how to implement a framework for managing fiscal commitments from Public-Private Partnerships (PPPs). It draws on specific regional operational experience and on World Bank Institute (WBI)'s wider thematic engagement with different partners worldwide. The note provides practical advice on how to: consistently identify and assess fiscal commitments arising from PPPs during project preparation and implementation; incorporate these into the project approval process, including budgeting for these appropriately; and strengthen the monitoring and reporting of fiscal commitments over the lifetime of the project. It explains the fiscal commitments that can arise from PPP projects; why governments may find it difficult to assess and manage these fiscal commitments and incorporate them into project selection; and the key components of an institutional framework to manage fiscal commitments at both the development and implementation stages of a project, including the roles, responsibilities, and processes for managing PPP fiscal commitments
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  • 48
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, addressed the theme of what is to be done, and what will I do? He opened with stories from his life, which made him realize that activism could drive social change. World Bank Group has set goals to end extreme poverty by 2030 and to boost shared prosperity for the bottom 40 percent in every developing country. These goals will drive our work going forward. But three major challenges will determine whether we succeed: achieving inclusive economic growth; investing in people; and slowing the rising tide of climate change. Finally he concludes saying that, whatever you do, please remember that the time is now for all of us to work together to bend the arc of history toward justice
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  • 49
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses setting a clear target for growth. He is pleased with the focus on infrastructure. The World Bank, the Asian Development Bank, African Development Bank, and the Inter-American Development Bank plus others, together will supply about USD 100 billion in support for infrastructure. Kim fielded questions about the fight against Ebola, the proposal for a contingency fund to prevent future outbreaks, developing country expectations of the G20 summit, inequality, the Global Infrastructure Facility, and the China-US pact and climate change
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  • 50
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: External financing conditions for developing countries have been remarkably favorable in recent months, reflecting expectations of a more drawn-out period of monetary policy accommodation in high-income countries and some narrowing of external vulnerabilities. Additional easing by the European Central Bank, combined with prospects of modest growth and stable inflation in the United States ( Goldilocks recovery ), helped pull down bond yields and volatility worldwide. These benign conditions currently provide support to capital inflows and activity across developing countries, but could at the same time increase the risk of greater and potentially more abrupt market adjustments ahead. Despite some reduction of current account deficits in several developing countries, many remain vulnerable to sudden shifts in investors sentiment and capital outflows. Following a brief period of market turmoil at the start of the year, global financing conditions have eased consider-ably from March to June. Bond spreads for developing countries (i.e. yield difference with 10-year U.S. Treasury bonds) have narrowed, bringing down average borrowing costs to their lowest level since the spring of 2013. Stock markets have also recovered rapidly from a significant sell-off in January/February, despite rising geopolitical tensions and evidence of disappointing activity in the first quarter of the year. As presented in the June 2014 edition of Global Economic Prospects, a more favorable global environment is reflected in upward revisions to capital inflow forecasts for developing countries, now projected to remain broad-ly stable as a percentage of GDP in 2014 and 2015, at around 5.6 percent, before declining again in 2016, to 5.1 percent. While baseline forecasts assume an orderly in-crease in long-term interest rates in high-income countries, the risk of more abrupt adjustments from current low levels has recently increased. Escalating geopolitical tensions or financial stress in some developing countries could also potentially trigger a sudden re-pricing of risk. Despite the recent narrowing of current account deficits in some developing countries, many remain vulnerable to a sharp increase in borrowing costs and/or significant currency depreciations, which could put additional strain on corporate and bank balance sheets
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  • 51
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: The main objective of the study is to provide a comprehensive analysis of HIV and health financing needs, investment opportunities, and health system development in the context of the Government of Niger's HIV National Strategic Plan (NSP) 2013-17. The analysis provides support for HIV policy decision-making, investment scenarios and programmatic targeting and prioritization. In addition, the analysis helps Niger build the case for HIV and health impact investment including delivering estimates of health care savings as a result of these investments. The analysis was implemented by the World Bank in collaboration with UNAIDS from a request for analytical support from the Government of Niger. The study involved a desk review of HIV- and health-related evidence, epidemic trends and financial modeling. The Optima model (formerly Prevtool) was used to estimate optimal resource allocation during the NSP, and the impact and cost-effectiveness of past HIV investments. A financial commitment framework was used to estimate longer-term costs and savings of the HIV program and the fiscal dimension of HIV in Niger
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  • 52
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Other Poverty Study
    Abstract: The current report is part of the work on integrating poor areas and marginalized communities in Romania. Specifically, the Bank's technical assistance provided through this project focuses on three primary components: (1) a methodology for defining different types of urban disadvantaged communities based on a set of key criteria and indicators; (2) detailed maps that present the spatial distribution of these indicators and the corresponding types of marginalized communities; and (3) strategies for integrating these communities in the form of an integrated intervention tool and six conceptual pilots. The atlas presents the methodology used to define different types of urban disadvantaged areas as well as urban pockets of urban marginalization where deprivation is most severe. It identifies criteria and sets of indicators for each type that enable their identification and spatial location using the 2011 population census data. The atlas also produces the results of an analysis to determine the rate of urban marginalization in Romania and the characteristics of urban marginalized communities. Lastly, the atlas presents a series of maps at the city and town, county and regional level that present the spatial distribution of disadvantaged areas and marginalized communities, based on data from the 2011 population and housing census and information collected directly from municipalities
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  • 53
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Debt Management Performance Assessment
    Abstract: In response to a request from the Government of Republic of Haiti, a World Bank mission team undertook a debt management performance assessment (DeMPA) mission to Port-au-Prince, Haiti between March 13 and 21, 2014. The mission comprised Zeinab Partow (Senior Economist, PRMED Team Leader, World Bank), Karen Bihr (Project Manager, UNCTAD, Implementing Partner), Mame Pierre Kamara (Consultant), Patrick van der Wansem (Consultant), Mamonjiarisoa Volatantely Randrianjanaka (World Bank and Ministry of Finance of Madagascar) and Evans Jadotte (Economist, LCSPE, World Bank). This report includes the results of the assessment. The mission met with officials at the Ministry of Economy and Finance, the Central Bank of Haiti, the Ministry of Planning and External Cooperation, the Supreme Audit Institution, the Prime Minister's Office, as well as with financial sector entities. The team wishes to sincerely thank the authorities for their collaboration and support of the mission team, for the rich and substantive discussions that took place, and for their hospitality
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  • 54
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Adaptation To Climate Change ; Climate Change ; Climate Change Economics ; Climate Change Impacts ; Decision Making ; Environment ; Financial Management ; Macroeconomics and Economic Growth ; Private Sector
    Abstract: The 2013 Fifth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC AR5) advised that warming of the climate system is unequivocal and said that since the 1950s many of the observed changes are unprecedented over decades to millennia. Climate change is one of the greatest challenges of our time it affects every country and yet progress in mainstreaming climate change into the policy-making process is patchy. Some countries political leaderships have put in place high-profile climate change mitigation and adaptation plans, with broad participation across government agencies and nongovernmental stakeholders, and with their central finance and planning agencies assuming a key role. In many other countries, however, climate change issues remain the preserve of specialist environmental agencies and there is no framework or mechanism by which climate change issues are systematically taken into account in national planning. This Climate Change Public Expenditure and Institutional Review Sourcebook (CCPEIR) seeks to provide practitioners with the tools and information needed to respond to the public expenditure policy and management challenges arising from climate change. It is a series of notes and supporting materials written to consolidate current research and international experience, to identify emerging practice, and to provide practical and applicable guidance for staff of central finance agencies, development agencies, environmental agencies, and international organizations working on climate change issues
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  • 55
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Keywords: Nonprofit-Organisation ; Kapitalbeschaffung ; Finanzierung ; Nachhaltigkeit
    Abstract: This paper seeks to shed new light on the sustainability options, and particularly the financial sustainability options, potentially available to a particular set of social accountabilities (SAcc) organizations. Such organizations tend to operate in less-developed regions of the world and often in situations in which governmental accountability structures and traditions are far from fully established. Though intended as a preliminary thought piece rather than an empirical survey of practice even among this limited array of organizations, the paper nevertheless draws on a wide variety of sources, including a substantial body of literature, numerous interviews, organizational websites, and an analysis of recent trends in nonprofit finance to suggest five concrete strategies that SAcc organizations of this type can usefully consider. The five strategies for SAcc organization financial sustainability can be discerned: (a) Building the brand; (b) selling social accountability services; (c) selling by-products of social accountability services; (d) selling government savings; and (e) securing and managing assets
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  • 56
    Language: English
    Pages: Online-Ressource (39 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Andrés, Luis Infrastructure Gap in South Asia
    Abstract: If the South Asia region hopes to meet its development goals and not risk slowing down or even halting growth, poverty alleviation, and shared prosperity, it is essential to make closing its huge infrastructure gap a priority. Identifying and addressing gaps in the data on expenditure, access, and quality are crucial to ensuring that governments make efficient, practical, and effective infrastructure development choices. This study addresses this knowledge gap by focusing on the current status of infrastructure sectors and geographical disparities, real levels of investment and private sector participation, deficits and proper targets for the future, and bottlenecks to expansion. The findings show that the South Asia region needs to invest between US
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  • 57
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: Environmental and social responsibility is becoming more and more important in today's global economy. There are thousands of environmental and social codes and standards in the world today. The codes and standards define the rules and the objectives. But the challenge is in the implementation. An environmental and social management system (ESMS) helps companies to integrate the rules and objectives into core business operations, through a set of clearly defined, repeatable processes. This handbook is intended to be a practical guide to help companies in the food and beverage industry develop and implement an environmental and social management system, which should help to improve overall operations. Sections I and II provide background on ESMS in the food and beverage industry. Section III provides step-by-step instructions on how to develop and implement an ESMS. For more publications on IFC Sustainability please visit www.ifc.org/sustainabilitypublications
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  • 58
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Financial Accountability Study
    Series Statement: World Bank E-Library Archive
    Abstract: The Philippines has made an impressive progress in consumer protection in the banking sector, as shown by the wide range of laws and of regulatory instruments, their active use and enforcement, and by provision of complaint resolution services. The 2013 Global Survey on Financial Consumer Protection indicated that the Philippines compares well with the other economies and yet there is space for further strengthening of the financial consumer protection framework. In order to improve access to financial services, their usage and quality, and further deepen the financial sector, the Philippines has to design and implement a sound financial consumer protection regime with prudential regulation and supervision. This World Bank's Diagnostic Review was undertaken in response to a request from the Bangko Sentral ng Philipinas (BSP). It provides a detailed assessment of the consumer protection framework in the banking sector, with a particular focus on debit and credit products provided by BSP regulated banks. The review addresses the following areas: 1. Institutional Arrangements, 2. Legal and Regulatory Framework, 3. Transparency and Disclosure, 4. Business Practices, 5. Complaints Handling and Dispute Resolution Mechanisms, and 6. Consumer Awareness and Financial Literacy. Volume I summarizes the key findings and recommendations and Volume II provides comparison with the World Bank`s Good Practices for Financial Consumer Protection
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  • 59
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Financial Accountability Study
    Series Statement: World Bank E-Library Archive
    Abstract: This diagnostic study was undertaken by the World Bank in response to a request from Otoritas Jasa Keuangan (OJK), the Indonesian Financial Services Authority, and Bank Indonesia, the nation's central bank. Indonesia's financial sector has a lot of growth potential considering the relatively low volume of domestic credit provided by the private sector - just 43 percent of gross domestic product (GDP) in 2012. To steer the growth to sustainability, the Indonesian authorities have emphasized financial consumer protection in the 5 pillars of Indonesia's national strategy for financial inclusion. This review aims to assist Indonesia in developing and implementing its national strategy and provides a detailed assessment of the consumer protection framework in six segments of Indonesia's financial sector: banking, securities, insurance, non-bank credit institutions, private pensions, and credit reporting. This study also informed the design of the World Bank's support program for Indonesia under the financial inclusion support framework (FISF) initiative. The review addresses the following issues: (1) institutional arrangements, (2) legal and regulatory framework, (3) transparency and disclosure, (4) business practices, (5) complaints handling and dispute resolution mechanisms, and (6) consumer awareness and financial literacy. Volume I summarizes the key findings and recommendations and volume II assesses each financial sector segment with regard to the good practices for financial consumer protection
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  • 60
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    ISBN: 9781464801808
    Language: English
    Pages: Online-Ressource (244 p)
    Edition: 2014 World Bank eLibrary
    Series Statement: World Development Indicators
    Abstract: One of a series of pocket-sized books that provide a quick reference to development data on different topics, 'The Little Data Book on Private Sector Development 2014' provides data for more than 20 key indicators on the business environment and private sector development in a single page for each of the World Bank member countries and other economies with populations of more than 30,000. The 200 country pages are supplemented by aggregate data tables by regional and income groupings
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  • 61
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    ISBN: 1464800855 , 9781464800856
    Language: English
    Pages: Online-Ressource (ix, 61 p) , ill , 26 cm
    Edition: 2014 World Bank eLibrary
    DDC: 339.5091724
    Keywords: Fiscal policy ; Global Financial Crisis, 2008-2009 ; Fiscal policy ; Global Financial Crisis, 2008-2009 ; Fiscal policy ; Global Financial Crisis, 2008-2009 ; Developing countries ; Developing countries ; Developing countries Economic policy ; Developing countries Economic policy
    Description / Table of Contents: IntroductionMacroprudential approach to supervision -- Institutional framework -- Early warning systems -- Macroprudential policy options -- Conclusion.
    Note: "A World Bank study"--T.p , Includes bibliographical references
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  • 62
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    ISBN: 9780821399651
    Language: English
    Pages: Online-Ressource
    Edition: 2014 World Bank eLibrary
    DDC: 370.96
    Keywords: Education ; Education Statistics ; Education and state ; Education ; Education Statistics ; Education and state ; Education ; Education ; Education and state
    Note: Includes bibliographical references and index
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  • 63
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    ISBN: 9781464801785
    Language: English
    Pages: Online-Ressource (244 p)
    Edition: 2014 World Bank eLibrary
    Series Statement: World Development Indicators
    Abstract: This Little Data Book presents tables for over 213 economies showing the most recent national data on key indicators of information and communications technology (ICT), including access, quality, affordability, efficiency,sustainability, and applications
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  • 64
    Online Resource
    Online Resource
    Washington, DC : World Bank Group | Washington, D.C : The World Bank
    ISBN: 9781464804229
    Language: English
    Pages: Online-Ressource (106 p)
    Edition: World Bank eLibrary
    RVK:
    Keywords: Westafrika ; Ebola-Virus ; Auswirkung ; Wirtschaft
    Abstract: Beyond its terrible toll in human lives and suffering, the Ebola epidemic has inflicted a measurable economic impact on West Africa in terms of forgone output, higher fiscal deficits, rising prices, lower real household incomes, and greater poverty. This impact results partly from the health-care costs and forgone productivity associated with being infected, but it is driven principally by the efforts of the uninfected population to avoid exposure ('aversion behavior'). The Economic Impact of the 2014 Ebola Epidemic: Short- and Medium-Term Estimates for West Africa provides a mixed methods analysis of the economic impact, combining theory on the channels of economic impact of the epidemic, economic indicators across sectors in the affected countries, and models of how these economies interact with each other and with the broader world. The result is a quantification of the potential overall magnitude of the economic impact for Guinea, Liberia, and Sierra Leone, as well as for West Africa as a whole. Ebola's short-term economic impact (2014) in the three core countries is on the order of US
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  • 65
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    ISBN: 9781464803444
    Language: English
    Pages: Online-Ressource (232 p)
    Edition: 2015 World Bank eLibrary
    Series Statement: World Development Report
    Abstract: Development economics and policy are due for a redesign. In the past few decades, research from across the natural and social sciences has provided stunning insight into the way people think and make decisions. Whereas the first generation of development policy was based on the assumption that humans make decisions deliberatively and independently, and on the basis of consistent and self-interested preferences, recent research shows that decision making rarely proceeds this way. People think automatically: when deciding, they usually draw on what comes to mind effortlessly. People also think socially: social norms guide much of behavior, and many people prefer to cooperate as long as others are doing their share. And people think with mental models: what they perceive and how they interpret it depend on concepts and worldviews drawn from their societies and from shared histories. The World Development Report 2015 offers a concrete look at how these insights apply to development policy. It shows how a richer view of human behavior can help achieve development goals in many areas, including early childhood development, household finance, productivity, health, and climate change. It also shows how a more subtle view of human behavior provides new tools for interventions. Making even minor adjustments to a decision-making context, designing interventions based on an understanding of social preferences, and exposing individuals to new experiences and ways of thinking may enable people to improve their lives. The Report opens exciting new avenues for development work. It shows that poverty is not simply a state of material deprivation, but also a “tax†? on cognitive resources that affects the quality of decision making. It emphasizes that all humans, including experts and policy makers, are subject to psychological and social influences on thinking, and that development organizations could benefit from procedures to improve their own deliberations and decision making. It demonstrates the need for more discovery, learning, and adaptation in policy design and implementation. The new approach to development economics has immense promise. Its scope of application is vast. This Report introduces an important new agenda for the development community
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  • 66
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    ISBN: 9781464801303
    Language: English
    Pages: Online-Ressource
    Edition: 2014 World Bank eLibrary
    Series Statement: Equity and development
    DDC: 331.01/10954123
    Keywords: Guaranteed annual income ; Manpower policy, Rural ; Right to labor ; Unemployment ; Guaranteed annual income ; Manpower policy, Rural ; Right to labor ; Unemployment ; Guaranteed annual income ; Manpower policy, Rural ; Right to labor ; Unemployment
    Note: Includes bibliographical references and index
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  • 67
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    ISBN: 9781464801075 , 9781464801082
    Language: English
    Pages: Online-Ressource
    Edition: 2014 World Bank eLibrary
    Series Statement: Africa development forum series
    DDC: 311.340967
    Keywords: Junge Arbeitskräfte ; Erwerbstätigkeit ; Arbeitsmarkt ; Subsahara-Afrika ; Youth Employment ; Youth Employment ; Youth
    Description / Table of Contents: chapter 1.Opportunities and challenges for youth employment in Africafocus note 1.Jobs: more than just incomechapter 2.Youth--a time of transitionschapter 3.Skills for productive employmentchapter 4.Agriculture as a sector of opportunity for youth in Africafocus note 2.Safety nets and pathways to productive employmentchapter 5.Creating productive employment for youth in the household enterprise sectorfocus note 3.Financial inclusion and the transition to sustainable livelihoods for young peoplechapter 6.Raising productivity in Africa's modern wage enterprises to foster job growth for youthfocus note 4.Youth unemployment is configured differently, and requires different approaches, in South Africachapter 7.Conclusion.
    Note: "The series is sponsored by the Agence Française de Développement and the World Bank , Includes bibliographical references and index
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  • 68
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    ISBN: 9781464801433
    Language: English
    Pages: Online-Ressource
    Edition: 2014 World Bank eLibrary
    DDC: 388.3/242
    Keywords: Verkehrsweg ; Logistikdienstleister ; Welt ; Business logistics ; Trade routes Planning ; Transportation corridors Planning ; Business logistics ; Trade routes Planning ; Transportation corridors Planning ; Business logistics ; Trade routes ; Transportation corridors
    Note: Includes bibliographical references and index
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  • 69
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    ISBN: 9781464801761
    Language: English
    Pages: Online-Ressource (248 p)
    Edition: 2014 World Bank eLibrary
    Series Statement: World Development Indicators
    Abstract: The Little Green Data Book is a pocket-sized ready reference on key environmental data for over 200 countries. Key indicators are organized under the headings of agriculture, forestry, biodiversity, oceans, energy, emission and pollution, and water and sanitation. For the second year, The Little Green Data Book presents a new set of ocean-related indicators, highlighting the role of oceans in economic development
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  • 70
    Language: English
    Pages: Online-Ressource (39 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Andres, Luis A Sanitation and Externalities
    Abstract: This paper estimates two sources of benefits related to sanitation infrastructure access on early childhood health: a direct benefit a household receives when moving from open to fixed-point defecation or from unimproved sanitation to improved sanitation, and an external benefit (externality) produced by the neighborhood's access to sanitation infrastructure. The paper uses a sample of children under 48 months in rural areas of India from the Third Round of District Level Household Survey 2007-08 and finds evidence of positive and significant direct benefits and concave positive external effects for both improved sanitation and fixed-point defecation. There is a 47 percent reduction in diarrhea prevalence between children living in a household without access to improved sanitation in a village without coverage of improved sanitation and children living in a household with access to improved sanitation in a village with complete coverage. One-fourth of this benefit is due to the direct benefit leaving the rest to external gains. Finally, all the benefits from eliminating open defecation come from improved sanitation and not other sanitation solutions
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  • 71
    Language: English
    Pages: Online-Ressource (30 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Ehrhart, Hélène Does Migration Foster Exports?
    Abstract: This paper aims at assessing the impact of migration on export performance and more particularly the effect of African migrants on African trade. Relying on a new data set on international bilateral migration recently released by the World Bank spanning from 1980 to 2010, the authors estimate a gravity model that deals satisfactorily with endogeneity. The results first indicate that the pro-trade effect of migration is higher for African countries, a finding that can be partly explained by the substitution between migrants and institutions (the existence of migrant networks compensating for weak contract enforcement, for instance). This positive association is particularly important for the exports of differentiated products, suggesting that migrants also play an important role in reducing information costs. Moreover, focusing on intra-African trade, the pro-trade effect of African migrants is larger when migrants are established in a more geographically and ethnically distant country. All these findings highlight the ability of African migrants to help overcome some of the main barriers to African trade: the weakness of institutions, information costs, cultural differences, and lack of trust
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  • 72
    Language: English
    Pages: Online-Ressource (27 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Cadot, Olivier Evaluating Aid for Trade
    Abstract: The demand for accountability in aid-for-trade is increasing but monitoring has focused on case studies and impressionistic narratives. The paper reviews recent evidence from a wide range of studies, recognizing that a multiplicity of approaches is needed to learn what works and what does not. The review concludes that there is some support for the emphasis on reducing trade costs through investments in hard infrastructure (like ports and roads) and soft infrastructure (like customs). But failure to implement complementary reform-especially the introduction of competition in transport services-may erode the benefits of these investments. Direct support to exporters does seem to lead to diversification across products and destinations, but it is not yet clear that these benefits are durable. In general, it is difficult to rely on cross-country studies to direct aid-for-trade. More rigorous impact evaluation is an underutilized alternative, but situations of clinical interventions in trade are rare and adverse incentives (because of agency problems) and costs (because of the small size of project) are a hurdle in implementation
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  • 73
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (29 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Cebeci, Tolga Impact of Export Destinations on Firm Performance
    Abstract: This paper evaluates the role of export destinations on productivity, employment, and wages of Turkish firms by comparing the performance of firms that export to low-income destinations and high-income destinations with firms that do not export. A combination of propensity score matching and difference-in-differences methods are employed on a rich set of firm observables, including sector, region, employment, total factor productivity (TFP), capital intensity, wages, support from government, ownership, and the research and development intensity of firms. Four sets of findings emerge from the analysis: i) Export entry has a positive causal effect on firm TFP and employment and this effect is strengthened as a firm continues to export. ii) In contrast, export entry has a moderate wage effect that emerges only with a lag. iii) Unlike exporting to high-income destinations, exporting to low-income destinations does not result in significantly higher firm TFP and wages. iv) The employment effect of exporting to low-income destinations is comparable to that of exporting to high-income destinations
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  • 74
    Language: English
    Pages: Online-Ressource (43 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Maimbo, Samuel Munzele Financial Sector Policy in Practice
    Abstract: Policy makers use financial sector strategies to formulate a holistic policy for their national financial sectors. This paper examines and rates financial sector strategies around the world based on how well they formulate development targets, arrangements for systemic risk management, and implementation plans. The strategies are also rated on whether they consider policy trade-offs between financial development and systemic risk management. The rated strategies are then benchmarked against a wide range of country characteristics. The analysis finds that the scope and quality of national strategies for the financial sector are influenced by the country's type of legal system, its level of income and macroeconomic stability, the existing financial depth and inclusion, the share of foreign ownership in the national financial sector, and the experience of past financial crises. Giving due consideration to policy trade-offs, particularly between financial development and systemic risk management, remains the weakest part of these strategies. Countries with civil- and religious-based law and those with a higher share of foreign ownership in their financial system address the policy trade-offs more often
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  • 75
    Language: English
    Pages: Online-Ressource (27 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Yamauchi, Futoshi An Alternative Estimate of School-Based Management Impacts on Students' Achievements
    Abstract: This paper aims to estimate the impact of school-based management on students' test scores in the Philippines. Estimation results using double differencing combined with propensity score matching show that school-based management increases the average national achievement test score by 4.2 points over three years. The increase in mathematics reached 5.7 points. This is larger than the estimate previously reported from the Philippines, probably because the sample schools had learned about implementation of school-based management from experiences accumulated in other provinces that introduced it earlier. The empirical results also show that schools with experienced principals and teachers are eager to introduce school-based management
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  • 76
    Language: English
    Pages: Online-Ressource (36 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: de Walque, Damien Coping with Risk
    Abstract: Transactional sex is believed to be an important risk-coping mechanism for women in Sub-Saharan Africa and a leading contributor to the HIV/AIDS epidemic. This paper uses data from a panel of women in rural Tanzania whose primary occupation is agriculture. The analysis finds that following a negative shock (such as food insecurity), unmarried women are about three times more likely to have been paid for sex. Regardless of marital status, after a shock women have more unprotected sex and are 36 percent more likely to have a sexually transmitted infection. These empirical findings support the claims that transactional sex is not confined to commercial sex workers and that frequently experienced shocks, such as food insecurity, may lead women to engage in transactional sex as a risk-coping behavior
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  • 77
    Language: English
    Pages: Online-Ressource (50 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Badev, Anton Housing Finance across Countries
    Abstract: This paper presents new data on the depth and penetration of mortgage markets across countries. There is a large variation across both dimensions of mortgage market development, across countries, but also-in terms of depth-within countries. Mortgage markets seem to develop only at relatively high levels of gross domestic product per capita. Policies associated with financial system development are also associated with mortgage market development, including price stability and the efficiency of contractual and information frameworks. The development of the insurance sector and the stock market, sources of long-term funding, is strongly associated with mortgage market development, while government subsidies and support are not. A benchmarking exercise compares the actual values of mortgage market development to values predicted by structural country factors and shows a large variation across countries and over time in the gap between predicted and actual values, related to specific policies but also mortgage boom and bust cycles
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  • 78
    Language: English
    Pages: Online-Ressource (22 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Richter, Kaspar Does Growth Generate Jobs in Eastern Europe and Central Asia?
    Abstract: In Eastern Europe and Central Asia, the link from growth to jobs was tenuous in the first decade of the transition, giving rise to the notion of jobless growth. Yet, European countries suffered large job losses during the recent recession, suggesting that jobs and growth are closely entwined. This study takes a new look at this issue. It provides a cross-country analysis of the employment intensity of growth over the last decade and a half in Eastern Europe and Central Asia, which includes the 11 Central and Eastern European countries that joined the EU since 2004, the countries of former Yugoslavia, the Countries of Independent States and Turkey. The authors compare these findings with other regions in the world. The paper shows that the responsiveness of employment to output increased in the second decade of the transition. It also finds that in some instances employment growth increases with reforms of labor and product markets, stronger macroeconomic policy frameworks, better governance, and more economic integration and diversification
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  • 79
    Language: English
    Pages: Online-Ressource (54 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Aguilar, Arturo Decomposition of Gender Differentials in Agricultural Productivity in Ethiopia
    Abstract: This paper employs decomposition methods to analyze differences in agricultural productivity between male and female land managers in Ethiopia. It employs data from the 2011-2012 Ethiopian Rural Socioeconomic Survey. An overall 23.4 percent gender differential in agricultural productivity is estimated at the mean in favor of male land managers, of which 10.1 percentage points are explained by differences in land manager characteristics, land attributes, and unequal access to resources (the endowment effect). The remaining 13.4 percentage points are explained by unequal returns to productive components, but cannot be easily tied to specific covariates. These results are mainly driven by non-married female managers (mainly single and divorced). Married female managers do not display such disadvantages. Further analysis along the productivity distribution reveals that gender differentials are more pronounced at mid-levels of productivity and that the share of the gender gap explained by the endowment effect declines as productivity increases. Detailed decomposition of estimates at selected points of the agricultural productivity distribution provides valuable information for policy intervention purposes
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  • 80
    Language: English
    Pages: Online-Ressource (38 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Agénor, Pierre-Richard Access to Finance, Product Innovation and Middle-Income Traps
    Abstract: This paper studies interactions between access to finance, product innovation, and labor supply in a two-period overlapping generations model with an endogenous skill distribution and credit market frictions. In the model lack of access to finance (induced by high monitoring costs) has an adverse effect on innovation activity not only directly but also indirectly, because too few individuals may choose to invest in skills. If monitoring costs fall with the number of successful projects, multiple equilibria may emerge, one of which, a middle-income trap, characterized by low wages in the design sector, a low share of the labor force engaged in innovation activity, and low growth. A sufficiently ambitious policy aimed at alleviating constraints on access to finance by innovators may allow a country to move away from such a trap by promoting the production of ideas and improving incentives to invest in skills
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  • 81
    Language: English
    Pages: Online-Ressource (46 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Ali, Daniel Ayalew Is There a Farm-Size Productivity Relationship in African Agriculture?
    Abstract: Whether the negative relationship between farm size and productivity that is confirmed in a large global literature holds in Africa is of considerable policy relevance. This paper revisits this issue and examines potential causes of the inverse productivity relationship in Rwanda, where policy makers consider land fragmentation and small farm sizes to be key bottlenecks for the growth of the agricultural sector. Nationwide plot-level data from Rwanda point toward a constant returns to scale crop production function and a strong negative relationship between farm size and output per hectare as well as intensity of labor use that is robust across specifications. The inverse relationship continues to hold if profits with family labor valued at shadow wages are used, but disappears if family labor is rather valued at village-level market wage rates. These findings imply that, in Rwanda, labor market imperfections, rather than other unobserved factors, seem to be a key reason for the inverse farm-size productivity relationship
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  • 82
    Language: English
    Pages: Online-Ressource (55 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Avdeenko, Alexandra International Interventions to Build Social Capital
    Abstract: Over the past decade the international community, especially the World Bank, has conducted programs to increase local public service delivery in developing countries by improving local governing institutions and creating social capital. This paper evaluates one such program in Sudan to answer the question: Can the international community change the grassroots civic culture of developing countries to increase social capital? The paper offers three contributions. First, it uses lab-in-the-field measures to focus on the effects of the program on pro-social preferences without the confounding influence of any program- induced changes on local governing institutions. Second, it tests whether the program led to denser social networks in recipient communities. Based on these two measures, the effect of the program was a precisely estimated zero. However, in a retrospective survey, respondents from program communities characterized their behavior as being more pro-social and their communities more socially cohesive. This leads to a third contribution of the paper: it provides evidence for the hypothesis, stated by several scholars in the literature, that retrospective survey measures of social capital over biased evidence of a positive effect of these programs. Regardless of one's faith in retrospective self-reported survey measures, the results clearly point to zero impact of the program on pro-social preferences and social network density. Therefore, if the increase in self-reported behaviors is accurate, it must be because of social sanctions that enforce compliance with pro-social norms through mechanisms other than the social networks that were measured
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  • 83
    Language: English
    Pages: Online-Ressource (26 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Klein, Michael Firms Doing Good
    Abstract: Social impact investors, philanthropists, or corporations pursuing social responsibility try to demonstrate that they are indeed "doing good." This essay classifies the various types of measures that currently exist to capture social and environmental impact in a simple scheme. It argues that there is a basic "staircase of results measurement." A first level of measures captures some aspect of "organizational readiness." The next level describes some form of "result" that may or may not be attributable to the organization trying to do good. The third level gets at "impact" that can be attributed to an intervention. Beyond this, there are measures that assess the costs and benefits of interventions, allow aggregation of results from different interventions and comparison among them or across time. Finally, the essay discusses how measures are tied to incentives. It argues that the various approaches can produce more or less helpful measures but cannot be expected to yield anything approaching a true "double" or "triple" bottom line. A true "bottom line" involves aggregation and comparability of costs and benefits and provides incentives to perform. The multitude of social and environmental measurement schemes will by necessity remain a patchwork that can be thought of as describing the "product characteristics" of a company's output. Accounting profit remains the only measure that effectively aggregates costs and benefits and provides incentives. Profit itself is not just a necessity for organizational survival. It measures whether organizations meet client needs. It is thus an important measure of social impact in its own right. This may be unsurprising, but it sets expectations straight compared with currently widespread unrealistic hopes for the measurement of social and environmental impact and redirects attention to paying attention to profitability as part of impact measurement
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  • 84
    Language: English
    Pages: Online-Ressource (30 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Bua, Giovanna Domestic Public Debt in Low-Income Countries
    Abstract: This paper introduces a new data set on the stock and structure of domestic debt in 36 low-income countries over the period 1971-2011. It characterizes the recent trends regarding the do-mestic public debt of low-income countries and explores the relevance of different arguments put forward on the benefits and costs of government borrowing in local public debt markets. The main stylized fact emerging from the data is the increase in domestic government debt since 1996. It is also observed that poor countries have been able to increase the share of long-term in-struments over time and that maturity lengthening went together with a decrease in borrowing costs. However, the concentration of the investor base, mainly dominated by commercial banks and the central bank, may crowd out lending to the private sector
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  • 85
    Language: English
    Pages: Online-Ressource (35 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Eden, Maya "Crowding in" and the Returns to Government Investment in Low-Income Countries
    Keywords: Öffentliche Investition ; Private Investition ; Verdrängungseffekt ; Return on Investment ; Entwicklungsländer
    Abstract: This paper estimates the effect of government investment on private investment in a sample of 39 low-income countries. Fluctuations in a predetermined component of disbursements on loans from official creditors to developing country governments are used as an instrument for fluctuations in public investment. The analysis finds evidence of "crowding in": an extra dollar of government investment raises private investment by roughly two dollars, and output by 1.5 dollars. To understand the implications for the return to public investment, a CES production function with public and private capital as inputs is calibrated. For most countries in the sample, the returns to government investment exceed the world interest rate. However, for some countries that already have high government investment rates, the return to further investment is below the world interest rate
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  • 86
    Language: English
    Pages: Online-Ressource (39 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Bastos, Paulo Does Energy Consumption Respond to Price Shocks?
    Keywords: Energiekonsum ; Preiselastizität ; Versorgungswirtschaft ; Regulierung ; Regressionsanalyse ; Buenos Aires ; Argentinien
    Abstract: This paper exploits unique features of a recently introduced tariff schedule for natural gas in Buenos Aires to estimate the short-run impact of price shocks on residential energy utilization. The schedule induces a nonlinear and non-monotonic relationship between households' accumulated consumption and unit prices, thus generating exogenous price variation, which is exploited in a regression-discontinuity design. The results reveal that a price increase causes a prompt and significant decline in gas consumption. They also indicate that consumers respond more to recent past bills than to expected prices, which argues against the assumption that consumers have perfect awareness of complex price schedules
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  • 87
    Language: English
    Pages: Online-Ressource (45 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Garlick, Robert Academic Peer Effects with Different Group Assignment Policies
    Keywords: Studierende ; Auswahl ; Bildungsertrag ; Südafrika
    Abstract: This paper studies the relative academic performance of students tracked or randomly assigned to South African university dormitories. Tracked or streamed assignment creates dormitories where all students obtained similar scores on high school graduation examinations. Random assignment creates dormitories that are approximately representative of the population of students. Tracking lowers students' mean grades in their first year of university and increases the variance or inequality of grades. This result is driven by a large negative effect of tracking on low-scoring students' grades and a near-zero effect on high-scoring students' grades. Low-scoring students are more sensitive to changes in their peer group composition and their grades suffer if they live only with low-scoring peers. In this setting, residential tracking has undesirable efficiency (lower mean) and equity (higher variance) effects. The result isolates a pure peer effect of tracking, whereas classroom tracking studies identify a combination of peer effects and differences in teacher behavior across tracked and untracked classrooms. The negative pure peer effect of residential tracking suggests that classroom tracking may also have negative effects unless teachers are more effective in homogeneous classrooms. Random variation in peer group composition under random dormitory assignment also generates peer effects. Living with higher-scoring peers increases students' grades and the effect is larger for low-scoring students. This is consistent with the aggregate effects of tracking relative to random assignment. However, using peer effects estimated in randomly assigned groups to predict outcomes in tracked groups yields unreliable predictions. This illustrates a more general risk that peer effects estimated under one peer group assignment policy provide limited information about how peer effects might work with a different peer group assignment policy
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  • 88
    Language: English
    Pages: Online-Ressource (40 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Liu, Yanyan Population Pressures, Migration, and the Returns to Human Capital and Land
    Abstract: Rapid population growth in many developing countries has raised concerns regarding food security and household welfare. To understand the consequences of population growth in a general equilibrium setting, this paper examines the dynamics of population density and its impacts on household outcomes. The analysis uses panel data from Indonesia combined with district-level demographic data. Historically, Indonesia has adapted to land constraints through a mix of agricultural intensification, expansion of the land frontier, and nonfarm diversification, with public policies playing a role in catalyzing all of these responses. In contemporary Indonesia, the paper finds that human capital determines the effect of increased population density on per capita household consumption expenditure. On the one hand, the effect of population density is positive if the average educational attainment is high (above junior high school), while it is negative otherwise. On the other hand, farmers with larger holdings maintain their advantage in farming regardless of population density. The paper concludes with some potential lessons for African countries from Indonesia's more successful rural development experiences
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  • 89
    Language: English
    Pages: Online-Ressource (40 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Jung, Haeil The Impact of Early Childhood Education on Early Achievement Gaps
    Abstract: This paper assesses whether the Indonesia Early Childhood Education and Development project had an impact on early achievement gaps as measured by an array of child development outcomes and enrollment. The analysis is based on longitudinal data collected in 2009 and 2010 on approximately 3,000 four-year-old children residing in 310 villages located in nine districts across Indonesia. The study begins by documenting the intent-to-treat impact of the project. It then compares the achievement gaps between richer and poorer children living in project villages with those of richer and poorer children living in non-project villages. There is clear evidence that in project villages, the achievement gap between richer and poorer children decreased on many dimensions. By contrast, in non-project villages, this gap either increased or stayed constant. Given Indonesia's interest in increasing access to early childhood services for all children, and the need to ensure more efficient spending on education, the paper discusses how three existing policies and programs could be leveraged to ensure that Indonesia's vision for holistic, integrated early childhood services becomes a reality. The lessons from Indonesia's experience apply more broadly to countries seeking to reduce early achievement gaps and expand access to pre-primary education
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  • 90
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (34 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Wietzke, Frank-Borge Pathways from Jobs to Social Cohesion
    Abstract: There is growing recognition that access to good jobs is an important driver of social cohesion. While economic dimensions of labor market outcomes are relatively well documented, evidence on the link between social cohesion and jobs is still surprisingly scarce. This paper, based on an earlier background report for the WDR 2013, presents empirical evidence for pathways between labor market outcomes and social cohesion. The findings indicate that formal employment is associated with a range of social outcomes and behaviors that are typically associated with higher levels of social cohesion. However, there are also indications that this relationship varies across dimensions of social wellbeing. In particular social interactions and political activism among those in regular employment can either improve the quality of aggregate institutions or deepen existing social divides
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  • 91
    Language: English
    Pages: Online-Ressource (37 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Lopez-Claros, Augusto Fiscal Challenges after the Global Financial Crisis
    Abstract: The global financial crisis and the response to it have contributed to a sharp increase in public indebtedness in a large number of countries. While there have been episodes of high debt in the past, there are a number of long-term challenges today that are likely to complicate the implementation of sustainable fiscal policies in the coming years. Population aging and climate change are factors that are likely to contribute to rising fiscal pressures and the crisis has highlighted the risks and vulnerabilities stemming from reduced fiscal space. This paper argues that heightened fiscal challenges can only be dealt with successfully by adopting a long-term fiscal planning horizon. The paper analyzes a range of available policy tools that countries have used in the past to improve fiscal management. Particular attention is paid to the role of rules-based policies, improvements in the budget process, better accounting of long-term liabilities in the government budget, the deleterious effects of unproductive expenditures, and the painful trade-offs created by the crisis and the toolkit at hand to address them
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  • 92
    Language: English
    Pages: Online-Ressource (59 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Oseni, Gbemisola Explaining Gender Differentials in Agricultural Production in Nigeria
    Abstract: This paper uses data from the General Household Survey Panel 2010/11 to analyze differences in agricultural productivity across male and female plot managers in Nigeria. The analysis utilizes the Oaxaca-Blinder decomposition method, which allows for decomposing the unconditional gender gap into (i) the portion caused by observable differences in the factors of production (endowment effect) and (ii) the unexplained portion caused by differences in returns to the same observed factors of production (structural effect). The analysis is conducted separately for the North and South regions, excluding the west of the country. The findings show that in the North, women produce 28 percent less than men after controlling for observed factors of production, while there are no significant gender differences in the South. In the decomposition results, the structural effect in the North is larger than the endowment at the mean. Although women in the North have access to less productive resources than men, the results indicate that even if given the same level of inputs, significant differences still emerge. However for the South, the decomposition results show that the endowment effect is more important than the structural effect. Access to resources explains most of the gender gap in the South and if women are given the same level of inputs as men, the gap will be minimal. The difference in the results for the North and South suggests that policy should vary by region
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  • 93
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (56 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Duranton, Gilles Growing through Cities in Developing Countries
    Abstract: This paper examines the effects of urbanization on development and growth. It begins with a labor market perspective and emphasizes the importance of agglomeration economies, both static and dynamic. It then argues that more productive jobs in cities do not exist in a void and underscores the importance of job and firm dynamics. In turn, these dynamics are shaped by the broader characteristics of urban systems. A number of conclusions are drawn. First, agglomeration effects are quantitatively important and pervasive. Second, the productive advantage of large cities is constantly eroded and must be sustained by new job creation and innovation. Third, this process of creative destruction in cities, which is fundamental for aggregate growth, is determined in part by the characteristics of urban systems and broader institutional features. The paper highlights important differences between developing countries and more advanced economies. A major challenge for developing countries is to reinforce the role of their urban systems as drivers of economic growth
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  • 94
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (50 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Khandker, Shahidur R Dynamic Effects of Microcredit in Bangladesh
    Abstract: This paper uses long panel survey data spanning over 20 years to examine the dynamics of microcredit programs in Bangladesh. With the phenomenal growth of microfinance institutions representing 30 million members with over
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  • 95
    Language: English
    Pages: Online-Ressource (33 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Beegle, Kathleen HIV Testing, Behavior Change, and the Transition to Adulthood in Malawi
    Abstract: For young adults living in countries with AIDS epidemics, getting an HIV test may influence near-term decisions, such as when to leave school, when to marry, and when to have a first child. These behaviors, which define the transition from adolescence to adulthood, have long-term implications on well-being and directly affect a person's risk of contracting HIV. Using an experimental design embedded in a panel survey from Malawi, this study assesses the impact of voluntary counseling and testing of young adults for HIV on these decisions. The results show negligible intent-to-treat effect of HIV testing on behaviors. There is some suggestive evidence on differential response by wealth and by prior beliefs about one's status
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  • 96
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (46 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: de Hoop, Jacobus Cash Transfers and Child Labor
    Abstract: Cash transfer programs are widely used in settings where child labor is prevalent. Although many of these programs are explicitly implemented to improve children's welfare, in theory their impact on child labor is undetermined. This paper systematically reviews the empirical evidence on the impact of cash transfers, conditional and unconditional, on child labor. The authors find no evidence that cash transfer interventions increase child labor in practice. On the contrary, there is broad evidence that conditional and unconditional cash transfers lower both children's participation in child labor and hours worked and cushion the effect of economic shocks that may lead households to use child labor as a coping strategy. Boys experience particularly strong decreases in economic activities, girls in household chores. The findings underline the usefulness of cash transfers as a relatively safe policy instrument to improve child welfare, but also point to knowledge gaps, for instance regarding the interplay between cash transfers and other interventions, that should be addressed in future evaluations to provide detailed policy advice
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  • 97
    Language: English
    Pages: Online-Ressource (58 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Fortmann, Lea Incentive Contracts for Environmental Services and Their Potential in REDD
    Abstract: Implementation arrangements for Reducing Greenhouse Gas Emissions from Deforestation and Forest Degradation can be seen as contracts that could address some of the inherent problems with forest carbon credits that often lead to high transaction costs-measuring, monitoring, and verification. Self-enforcing contracts, where it is in the best interest of the environmental service providers to comply with the contracts, may be one way to reduce these costs if providers have incentives to uphold their end of the contract. While the literature on Reducing Greenhouse Gas Emissions from Deforestation and Forest Degradation is extensive, there is little information available to guide policy makers or investors on what form such contracts should take. After providing an overview of the current status of Reducing Greenhouse Gas Emissions from Deforestation and Forest Degradation and its role as a tool for reducing carbon emissions on an international scale, the paper describes key issues regarding implementation and reviews the literature on contracts from the related area of Payments for Ecosystem Services programs, which face similar challenges. The remainder of the paper reviews various contractual mechanisms from agricultural and forestry related projects that have been proposed or are being used in practice and discusses the various implications associated with their design and implementation
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  • 98
    Language: English
    Pages: Online-Ressource (58 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Bjørnskov, Christian Trust and Identity in a Small, Post-Socialist, Post-Crisis Society
    Abstract: The principal focus in the substantial literature on impediments to economic development has been on the inadequacies of policies and governance. However, successful economic development requires effectiveness of markets and incentives for investment, which in turn require trust. This paper reports on trust in a development context. The paper uses trust experiments, a post-experiment survey, and econometric analysis relating trust to identity and other personal attributes in the setting of Montenegro, a small, recently-independent, post-socialist, post-crisis society. External validity was sought by providing sufficient material reward to balance identity-related expressive motives and by having two groups of subjects, one usual university students and another group that, while also students, was somewhat older and had had greater market or commercial experience. The paper reviews cultural priors that can be expected to affect trust and distinguishes between generalized trust that can be socially beneficial and particularized trust that can be disadvantageous for development. The empirical results suggest that trust among private individuals is not an impediment to development in Montenegro. As a result, policy reform can improve economic and social outcomes. However, the results redirect the focus to issues of governance and political entrenchment as potential explanations for impediments to development
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  • 99
    Language: English
    Pages: Online-Ressource (40 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Timmer, Marcel P Fragmentation, Incomes, and Jobs
    Abstract: Increasing fragmentation of production across borders is changing the nature of international competition. As a result, conventional indicators of competitiveness based on gross exports are becoming less informative and new measures are needed. This paper proposes an ex-post accounting framework of the value added and workers that are directly and indirectly related to the production of final manufacturing goods. The framework focuses on manufactures global value chain income and manufactures global value chain jobs. The paper outlines these concepts and provides trends in European countries based on a recent multi-sector, input-output model of the world economy. The analysis finds that since 1995, revealed comparative advantage of the European Union 27 is shifting to activities related to the production of nonelectrical machinery and transport equipment. The workers involved in manufactures global value chains are increasingly in services, rather than manufacturing industries. The analysis also finds a strong shift toward activities carried out by high-skilled workers, highlighting the uneven distributional effects of fragmentation. The results show that a global value chain perspective is needed to inform the policy debates on competitiveness
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  • 100
    Language: English
    Pages: Online-Ressource (31 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Fuchs, Alan Voter Response to Natural Disaster Aid
    Abstract: The paper estimates the effects on presidential election returns in Mexico of a government climatic contingency transfer that is allocated through rainfall-indexed insurance. The analysis uses the discontinuity in payments that slightly deviate from a pre-established threshold, based on rainfall accumulation measured at local weather stations. It turns out that voters reward the incumbent presidential party for delivering drought relief compensation. The paper finds that receiving indemnity payments leads to significantly greater average electoral support for the incumbent party of approximately 7.6 percentage points. The analysis suggests that the incumbent party is rewarded by disaster aid recipients and punished by non-recipients. The paper contributes to the literature on retrospective voting by providing evidence that voters evaluate government actions and respond to disaster spending
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