When designing and implementing a project in a conflict-affected country, some of the conflict's more obvious impacts-damage to infrastructure and energy supplies, are apt to immediately come to mind. However, based on the experiences with the Kosovo privatization program, there are additional...

The debate on whether natural disasters cause significant macroeconomic impacts and indeed hinder development is ongoing. Most analyses along these lines have focused on impacts on gross domestic product. This paper looks beyond this standard national accounting aggregate, and examines whether...

East Asia has experienced a dramatic decrease in output growth volatility over the past 20 years. This is good news, as output growth volatility affects poor households because of coping strategies that have long-term, harmful consequences, and the overall economy through its negative impact on...