Europe and Central Asia Knowledge Brief

67 items available

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This is a regular series of notes highlighting recent analyses, good practices, and lessons learned from the development work program of the World Bank’s Europe and Central Asia Region.

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Now showing 1 - 5 of 5
  • Publication
    Tajikistan : Reinvigorating Growth in Khatlon Oblast
    (World Bank, Washington, DC, 2014-06) Bakanova, Marina; Carneiro, Francisco
    This report supports a joint World Bank-IFC initiative to review and evaluate economic growth prospects for Khatlon oblast in order to develop a private sector-driven strategy for accelerating the region's growth over the medium term.
  • Publication
    A New Model for Job Creation in Armenia: Promoting More Effective Accumulation, Competition, and Connectivity
    (World Bank, Washington, DC, 2013-11) Bartsch, Ulrich
    In Armenia, more effective accumulation, together with greater competition and better connectivity with the rest of the world, will increase pressures on firms to compete and innovate and will thus reinvigorate job creation. In order to more effectively channel savings into investment in those industrial sectors with the best potential for growth and employment creation, a more sophisticated financial system is required. A recently released World Bank report1 finds that Armenias State Commission for the Protection of Competition (SCPEC) needs to be given better tools to carry out its work, and it also needs to shift its focus from price levels to more vigorously pursuing anticompetitive conduct. A liberalization of aviation would boost growth and job creation by better connecting people, ideas, and markets.
  • Publication
    A New Jobs Data Tool : Introducing BuDDy--A Business Diagnostics and Dynamics Tool
    (World Bank, Washington, DC, 2012-10) Merotto, Dino; Boccardo, Jessica
    The Business Diagnostics and Dynamics Tool (BuDDy) tool uses formal sector business data that governments already collect to analyze patterns and trends in employment and diagnose constraints to growth and job creation. BuDDy gives governments the understanding of business dynamics needed to develop policies that help businesses create jobs. BuDDy quickly and robustly identifies the types of firms that are growing, hiring, investing, raising productivity, and raising real wages, and does this at the national or regional level, or by product. BuDDy is simple and adaptable; it has been developed with varying data sets, and can been linked to spatial information, trade data, and household data sets.
  • Publication
    Accountability in State Noncommercial Organizations in Armenia : An Approach
    (World Bank, Washington, DC, 2012-09) Vatyan, Arman
    A World Bank-supported project in Armenia was successful in developing a control framework that balances the need to increase the transparency and accountability of the country s state noncommercial organizations (SNCOs), while also recognizing their financial, administrative, and managerial independence. An innovative approach involving the use of earlier results to guide later ones was used to address the dire need for SNCOs, which account for 70 percent of the total number of state organizations, to make greater efforts to responsibly administer and safeguard the government s assets. The aim was to reduce the market distortions caused by SNCOs that are engaged in significant commercial activities by addressing SNCOs heterogeneity and the need for specific fiduciary control requirements for distinct groups.
  • Publication
    Social Protection Responses to the Global Economic Crisis in ECA
    (World Bank, Washington, DC, 2009-03) Lindert, Kathy; Schwarz, Anita
    Besides affecting the private sector, the current global economic downturn will likely have a far-reaching impact on government revenues around the world. As country budgets are squeezed tight, social programs which directly help poor and vulnerable people will become pressure points for reducing government spending. In many countries in Eastern Europe and Central Asia (ECA), two years of rising food prices, high energy costs and the global economic downturn have combined with other shocks like natural disasters and political instability. The impacts of these crises could reduce government revenues and affect social spending and pension systems, even as the need for unemployment and benefits increases. In the short run, ECA countries may call on the World Bank to provide financial or technical support to help with the immediate impacts of the crises. Rapid support could include: (a) helping countries finance temporary scaling-up of well-targeted safety nets, either in beneficiary coverage or with a topping-up of benefits values; and (b) supporting actions to protect the budgets of well-targeted programs and other crucial spending on education and health. Governments and the Bank need to be prepared to respond more adeptly in the future; safety nets are important not only in times of crises but, in the long-run, they help to protect the poor and allow governments to avoid other, more costly or inefficient policies.