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Is Fiscal Policy the Answer?
The effects of fiscal policy measures, both taxes and public spending, adopted by developing countries in response to the 2009 global crisis are still uncertain. This book discusses them using an analytical framework that allows for distilling possible implications on growth and social welfare.
Reform and Growth
Although the quest for growth remains as elusive as it was more than a decade ago, there is now much greater consensus on the policies and institutional changes that are needed to foster growth and economic development. But debate continues on the timing, sequencing, and local adaptation of these reforms. Furthermore, although the benefits of reform are well documented--the reasons as to why and when reforms occur still remain somewhat unclear. Many countries go through long periods of stagnation or even decline, without being able to create an environment for change, while others seem able to break the hold of vested interests and start following paths of reform.In October 2004, the Operati...
Financing Africa's Cities
This volume addresses the issues of financing urban growth of the African continent -- which has the highest urban growth rate on the planet -- in the next decades. Considerable investment will be needed to sustain this level of growth and to clear up accumulated backlogs. At the same time, decentralization has resulted in increased responsibilities for local government; but in most cases, institutional reforms were carried out without the transfer of a sufficient level of resources, and local capacities in governance and project management are weak. Which mechanisms will finance these extensive needs, and how will African local governments meet these needs? Specifics on how to finance Afric...
Rents to Riches?
This volume focuses on the political economy surrounding the detailed decisions that governments make at each step of the value chain for natural resource management. From the perspective of public interest or good governance, many resource-dependent developing countries pursue apparently short-sighted and sub-optimal policies in relation to the extraction and capture of resource rents, and to spending and savings from their resource endowments. This work contextualizes these micro-level choices and outcomes.
Adding Value to Private Sector Investment
IFC shares the primary objective of all World Bank Group institutions: to reduce poverty and improve the lives of people in its developing member countries. Since 1956, IFC has committed more than.
The Day After Tomorrow
This book is a vision of how economic policy will evolve in developing countries over the next three-to-five years, delivered by renown practitioners working at the world's leading development institution.
Globalization and Development
Comparing the experience of East Asia and Latin America since the mid-1970s, Elson identifies the key internal factors common to each region which have allowed East Asia to take advantage of the trade, financial, and technological impact of a more globalized economy to support its development, while Latin America has not.
Sustaining the Global Agriculture Supply Chain
Sustaining the global agriculture supply chain ensures food security, economic stability, and environmental health in an interconnected world. As the global population grows and climate change becomes a new challenge, the agricultural sector must adapt to meet rising demand while minimizing environmental impact. This requires innovative solutions to improve efficiency, reduce waste, and promote sustainable farming practices across all levels of the supply chain, from production to distribution. By utilizing advanced technologies, ensuring collaboration, and implementing policies that prioritize environmental sustainability and social responsibility, organizations can build resilient and sust...
The Great Recession and Developing Countries
The book provides one of the most detailed and comprehensive reviews of the growth experience of a group of low and middle income countries before and during the global crisis. It then explores their growth prospects after the recovery and how they may be shaped by the new global economic environment.
