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Shared Prosperity
The World Bank has recently defined two strategic goals: ending extreme poverty and boosting shared prosperity. Shared prosperity is measured as income growth among the bottom 40 percent of the income distribution in the population. The two goals should be achieved in a way that is sustainable from economic, social, and environmental perspectives. Shared Prosperity: Paving the Way in Europe and Central Asia focuses on the second goal and proposes a framework that integrates both macroeconomic and microeconomic elements. The macro variables, particularly changes in relative prices, affect income growth differentially along the income distribution; at the same time, the microeconomic distribut...
From Communists to Foreign Capitalists
From Communists to Foreign Capitalists explores the intersections of two momentous changes in the late twentieth century: the fall of Communism and the rise of globalization. Delving into the economic change that accompanied these shifts in central and Eastern Europe, Nina Bandelj presents a pioneering sociological treatment of the process of foreign direct investment (FDI). She demonstrates how both investors and hosts rely on social networks, institutions, politics, and cultural understandings to make decisions about investment, employing practical rather than rational economic strategies to deal with the true uncertainty that plagues the postsocialist environment. The book explores how el...
The Oxford Companion to the Economics of Africa
Africa is a diverse continent. But is there a pattern to the diversity? Are there commonalities across the countries? And what does economics tell us about the diversity and the commonalities? The Oxford Companion to the Economics of Africa is a definitive and comprehensive account of the key issues and topics affecting Africa's ability to grow and develop. It includes 53 thematic and 48 country perspectives by a veritable who's who of more than 100 leading economic analysts of Africa. The contributors include: bright new African researchers based in Africa; renowned academics from the top Universities in Africa, Europe and North America; present and past Chief Economists of the African Development Bank; present and past Chief Economists for Africa of the World Bank; present and past Chief Economists of the World Bank; African Central Bank governors and finance ministers; and four Nobel Laureates in Economics.
Food and Agriculture in the Czech Republic
"Becoming a member of the European Union is one of the most important objectives of the Czech Republic for the coming years, both for the government, and for the Czech society as a whole." With the exception of a few traditional Czech products, the Czech Republic is not a major exporter of agricultural goods due to its land-locked position and relatively poor product differentiation. Since the "velvet revolution" in 1989, agricultural production has declined. To conform to European Union standards for accession, the Czech Republic needs to make some adjustments. This report reviews the current state of Czech agriculture and agro-industry in the context of EU accession. It analyzes institutional reforms and their actual impacts and proposes a series of adjustments to complete the reforms in the agricultural sector. This report is intended for agricultural scientists, public officials, agricultural and agro-industrial leaders, and researchers interested in the transformation of agriculture in the transition economies and in issues pertaining to accession of Central and East European candidate countries to the European Union.
Transition Economics
Celebrating twenty years of transition from socialism to capitalism, this book is designed to be the core textbook for undergraduate courses in transition economics and comparative economic systems. Given the passage of time, Transition Economics: Two Decades On reviews and accounts for the outcomes in the so-called transition economies and, from an academic perspective, takes the reader through developments and issues in the twenty years of transition from plan to market. Treating its subject matter thematically, the book incorporates much of the transition economics literature and evidence that have evolved over the past two decades. In particular, the authors focus on the most important a...
Community-based Entrepreneurship and Rural Development
How can municipalities in Central Europe create favourable conditions for local business? What and how can municipalities learn from each other? How can each individuals in the local area contribute? And what requirements have to be met before know how can successfully be transferred on a communal level?To answer all these questions, the authors of this book comprehensively discuss the manifold opportunities, restrictions and prerequisites of establishing favourable conditions for small and medium enterprises in rural.
Natural Resources, Volatility, and Inclusive Growth
This paper takes stock of the economic performance of resource rich countries in the Middle East and North Africa (MENA) over the past forty years. While those countries have maintained high levels of income per capita, they have performed poorly when going beyond the assessment based on standard income level measures. Resource rich countries in MENA have experienced relatively low and non inclusive economic growth as well as high levels of macroeconomic volatility. Important improvements in health and education have taken place but the quality of the provision of public goods and services remains an important source of concerns. Looking forward we argue that the success of economic reforms in MENA rests on the ability of those countries to invest boldly in building inclusive institutions as well as high levels of human capacity in public administrations.
Globalization and Transformations of Local Socioeconomic Practices
This innovative volume offers analytical and comparative insights into current socio-economic practices as well as an assessment of the overall economic globalization phenomenon. By looking at empirical case studies of different civilations and cultures, this volume assesses of intertwining of local socio-economic practices and global economic modernity.
The World Bank Research Program 2004
The World Bank's research is intended to address critical issues and problems facing member governments in developing and transition economies. How can the governments of the poorest countries generate enough revenue to provide the education and health services essential to reducing poverty and promoting growth and development? How can poor countries attract investors to build the infrastructure their economies need? How can they develop systems to bring clean water to the 2 billion people without it today? How can they train teachers and bring to class the 115 million children who have not yet received any education? And how can rich countries be persuaded to lower market barriers, helping ...
Czech Republic
Summary of Main Report. At the end of 1995, the Czech Republic was regarded as the clearest success story in the region. It had one of the lowest rates of inflation and the lowest rates of unemployment. The high GDP growth rate looked sustainable, as it was accompanied by a moderate current account deficit, balanced fiscal account and seemed to be underpinned by important structural reform. --From the Main Report The Czech Republic was perceived until 1996 as the most successful transition economy in Central and Eastern Europe (CEE). The Czech Republic seems to be the clearest success story in the region. However, the Czech miracle came to a halt in May 1997. Its future economic development ...
