Current hydromet conditions in the Southeast Asia (SEA) region along with expected future conditions highlight the need for continued investment in modernizing hydrometeorological services in the SEA region. Given that similar hazards face Cambodia, Lao People's Democratic Republic (PDR), and...

This note examines the relationship between the presence of foreign firms and TFP growth of domestic firms (called FDI spillovers) in Serbia over 2005-2016 period. The analysis finds evidence of FDI spillovers in Serbia like domestic firms on average enjoy higher productivity because of the...

The 2018 World Bank Report growing smarter: learning and equitable development in East Asia and the Pacific highlights that selecting and supporting teachers throughout their careers to allow them to focus on the classroom is one of five core factors that are driving learning. It argues that...

This policy note is part of a set of documents supporting the development of a national adaptive social protection system in Senegal. The World Bank is supporting the Government of Senegal and specifically the delegation generale a la protection sociale et a la solidarite nationale (DGPSN)...

Key elements for effective policy and regulatory framework on land that should be developed are:Ensuring proper human and financial resources are dedicated to implementation of the NationalLand Use Policy and functioning of the National Land Use Council, Developing an effective land governance...

Bangladesh slipped one place to 177 in the Doing Business rankings for 2018. This is the second lowest among South Asian economies (Afghanistan is at 183). The country's dismal performance on the doing business indicators is attributable to the absence of meaningful reforms in Bangladesh. The...

We survey discretionary measures of Czech fiscal policy in the period 2001-2011 and analyze their episodes and macroeconomic impacts. We use bottom-up and top-down methods to identify fiscal discretion and we compare the results with Kalman filtering. Fiscal discretion is found to be used...

The project is focused on top-down stress testing of the Czech insurance sector. The aim of the present paper is to describe the advanced method for macro stress testing of insurance companies used by the CNB. We apply the presented stress test to eleven Czech insurance companies. The shocks...

This paper focuses on the way the macroprudential policy framework in a small EU economy should be designed. With reference to the experience of the Czech Republic's financial system and the Czech National Bank it provides definitions of financial stability and macroprudential policy as well as...