Researchers have linked sub-Saharan Africa.s (SSA) poor growth performance in recent decades to several factors, including geography, institutions, and low returns to investment. This literature has not yet integrated the research that identifies linkage

This study assesses the fiscal and monetary management challenges that can be associated with large inflows of foreign aid. It provides a brief overview of the literature on Dutch Disease (DD) as applied to mineral wealth and then assesses the conventional policy responses that are available to...

This paper outlines some of the issues that affect small and medium sized enterprises (SMEs) in three areas: regulation, procurement, and dispute resolution. The work presented herein is part of the Bank's most recent efforts to develop new approaches and instruments to strengthen its role as a...

This second presentation discusses: 1) A framework of incentives for risk management; 2) The identification of economic instruments for environmental and natural resource management; 3) Strategic actions to reduce the risk of disasters by means of environmental management economic instruments;...

The main objective of the study is to assess the extent to which participatory budgeting (OP) is fostering the efficient and democratic allocation of resources and citizen involvement in the planning and management of their localities. The report draws upon extensive field research undertaken by...

Para lograr un adecuado equilibrio social y consolidar el funcionamiento del sistema democrático, los países han de contar con sistemas fiscales equitativos que favorezcan el desarrollo económico, que tengan capacidad recaudatoria para financiar un nivel adecuado de gasto público y con...

This Country Program Evaluation (RE-355) analyzes the recent performance of the Bank's portfolio of operations. Two country strategies were approved during 2000-2008, which were prepared in two very different contexts in Brazil. The 2000-2003 strategy was prepared following the 1999 crisis that...

This Country Program Evaluation (RE-359) covers the period from 2005 to 2009. OVE's most significant recommendation stemming from the analysis is that, if this is one of the new administration's priorities, the next strategy should design an assistance program aimed at closing the gap that...

Esta edición de IDEA se centra en el proceso intensamente político que rodea al presupuesto público en América Latina. La misma analiza temas presupuestarios críticos, la legislación reciente, los actores políticos involucrados y las consecuencias --a veces no intencionales-- de la...

This report (RE-296) presents an evaluation of the Bank's country program for Belize for the years 1993-2003. The evaluation includes: 1) An overview of the structure of the Belizean economy, including developments that took place during the nineties and the development challenges faced by the...