"The rapid rise in food prices has been a burden on the poor in developing countries, who spend roughly half of their household incomes on food. This paper examines the factors behind the rapid increase in internationally traded food prices since 2002 and estimates the contribution of various...

"The World Bank has been publishing estimates of adjusted net or "genuine" saving since 1999. This measure of saving treats depletion of natural resources as a type of economic depreciation. Hamilton uses recent theoretical results relating growth in saving to growth in future consumption to...

The Drought Risk and Resilience Assessment (DRRA) offers a structured methodology for evaluating drought risk and enhancing resilience. The objective is to transition from reactive to proactive drought management, reducing the impacts of droughts. When applied, a DRRA can support task teams and...

The Government of Malawi put in place a mechanism that enables its flagship unconditional cash transfer program-the Social Cash Transfer Program (SCTP)—to scale up response to additional beneficiaries when shocks occur. Making the SCTP shock-responsive is a key strategic pillar of the...

The Kyrgyz Republic is a small, open, and lower-middle-income country. Throughout the past two decades, the Kyrgyz authorities have substantially improved the country's fiscal stance to maintain macroeconomic stability. Notwithstanding past progress, the fiscal system of the Kyrgyz Republic...

The Philippines is one of the most natural hazard-prone countries in the world. Disasters in the country can quickly roll back hard-won economic and social development gains. To better safeguard the country against these disasters, it is critical to ramp up the institutional capacity and...