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Unshackling India
As India enters its seventy-fifth year of independence, conventional policy is unlikely to combat the breadth of its economic challenges. Across a range of areas-human capital, technology, agriculture, finance, trade, public service delivery and more-new ideas must now be on the table. The COVID-19 pandemic has not only cost India many lives and livelihoods, it has also exposed major structural weaknesses in the economy. A huge farm and jobs crisis, rising and massive inequalities, tepid investment growth, and chronic banking sector challenges have plagued the economy, exacerbated by the COVID-19 pandemic. It has also exposed the limitations of the Indian state, which tries to control too mu...
World Bank Assistance to Agriculture in Sub-Saharan Africa
Sub-Saharan Africa is a critical development priority-it has some of the world's poorest countries and during the past two decades the number of poor in the Region has doubled, to 300 million-more than 40 percent of the Region's population. Africa remains behind on most of the Millennium Development Goals (MDGs) and is unlikely to reach them by 2015. With some of the world's poorest countries, Africa is a development priority for the donor community. A major drag on Africa's development is the underperformance of the critical agriculture sector, which has been neglected both by donors and governments over the past two decades. The sector faces a variety of constraints that are particular to agriculture in Africa and make its development a complex challenge. Poor governance and conflict in several countries further complicate matters. IEG has assessed the development effectiveness of World Bank assistance in addressing constraints to agricultural development in Africa over the period of fiscal 1991-2006.
At the Frontlines of Development
In 'At the Frontlines of Development' former World Bank country directors recount their experiences, both as managers of the World Bank's programs in global economic hotspots of the 1990s as well as throughout their careers in development economics. These essays detail, among many stories of development in the 1990s, how China and India lifted hundreds of millions out of poverty, while Russia collapsed; how Bosnia and Herzegovina and Mozambique remade their war-ravaged economies; and how Thailand, Turkey, and Argentina fell into financial crisis. These remarkable stories, told in first-person by the country directors who were there to witness them, provide candid assessments of development in the 1990s'what succeeded, what failed, and what lessons emerged. This book is part of a larger effort undertaken by the World Bank to understand the development experience of the 1990s, an extraordinary eventful decade. Each of the project's three volumes serves a different purpose. 'Economic Growth in the 1990s' provides comprehensive analysis of the decade's development experience, while 'Development Challenges in the 1990s' offers insights on the practical concerns faced by policymakers.
PRE Working Papers
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Economic Effects of Financial Crises
The financial systems in financially distressed countries should be restructured so that banks can acknowledge and allocate losses rather than protect inefficient companies -- thereby throwing good money after bad.
The Debt Trap in Nigeria
The first major study to put the debt question in perspective, this book is the outcome of a historic conference held in May 2001 to debate Nigeria's future in the context of the debt overhang. The book captures the highlights of all presentations, and presents the recommendations and consensus reached concerning reducing the debt burden, strengthening the institutional framework for debt and resource management, and resuming sustainable development, ultimately demanding that Nigeria and the international community refocus their resources on fighting poverty.
Planning in the 20th Century and Beyond
Examines the history of the idea of planning and the history and experience of planning in India.
