The economy is recovering slowly from drought, but Somalia continues to face significant challenges.The Somali economy rebounded in 2018 from the 2016/17 drought.Public finances continued to strengthen in 2018.Credit to the private sector grew rapidly in 2018, and Somalia's financial sector...

Result-based financing (RBF) captures the essence of how the World Bank Group (WBG) is implementing its education strategy, Learning for All. The strategy emphasizes learning (rather than just schooling), since that is what leads to economic growth, development, and poverty reduction. Second,...

South Africa's much anticipated economic rebound in 2018 did not occur. While substantial efforts by the authorities to strengthen governance of public resources and stabilize the fiscal situation helped the economy to not contract further, economic growth remained tepid with a technical...

This study discusses options how to increase the Dominican Republic tax revenue and attempts to identify priority areas for efficiency-enhancing reforms. A 2016 World Bank report on Dominican fiscal policy found that the country's tax expenditures were poorly targeted and regressively...

Mangroves provide essential ecosystem functions and services that support coastal communities. Despite their importance, they have been degraded and removed globally resulting in loss of resilience of coastlines, their communities, and economies. Myanmar in particular has suffered from high...

Road accidents represent a growing worldwide problem. According to the official statistics, 696 people died and 1,410 were seriously injured in road crashes in Azerbaijan in 2020. The launch of the state road safety program for 2019 - 2023 is an important step towards improving road safety in...

Inclusive and environmentally sound sustainable development requires managing natural resources that societies depend on for the long term. In the context of marine and coastal resources which provide an important source of income for large numbers of households and revenue for countries, this...

The objective of this ASA was 'to develop policy recommendations for the Russian Federation based on a detailed analysis of the returns to education and identification of feasible pathways for robust growth in Russia's human capital wealth'. The second part of identifying feasible pathways was...

Human capital is a crucial factor of economic development. As stated in Mongolia's vision 2050, the country has so far relied heavily on its natural resources for development. It puts the human development in the center of its strategy, envisioning that children and youth will be educated at...

The 2020 Africa Country Policy and Institutional Assessment (CPIA) report covers the period from January to December 2019. The addition of Somalia brought the number of the region's International Development Association (IDA)-eligible countries to 39. The overall CPIA score for the region's 39...