PREM Notes
176 items available
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This note series is intended to summarize good practices and key policy findings on poverty reduction and economic management (PREM) topics.
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Publication
The Economic Participation of Adolescent Girls and Young Women : Why Does It Matter?
(World Bank, Washington, DC, 2008-12)This note summarizes available research on the impact of schooling and employment of adolescent girls and young women on earnings and poverty reduction, demographic outcomes, child development outcomes, and female empowerment. It identifies key implications of this research for the formulation of public policy. -
Publication
Introducing a Value Added Tax : Lessons from Ghana
(World Bank, Washington, DC, 2001-12)In 1998 Ghana's government successfully introduced a value added tax (VAT). But this success followed a failed attempt in 1995, when the country's first VAT was repealed after just three and a half months. Ghana's experience provides several lessons for the successful introduction of a VAT-particularly the importance of recognizing public sensitivity to changes in the tax system and of securing public acceptance when introducing a VAT. A VAT's introductory rate has a big influence on public opinion, but so do public education and management of public expectations. In addition, political commitment- in terms of both an enabling macroeconomic environment and the enactment of legislation-is crucial for securing popular support and ensuring the timely introduction of a VAT. -
Publication
Conditionality Revisited : A New Approach in Burkina Faso
(World Bank, Washington, DC, 2000-01)Donors have typically linked quick-disbursing assistance programs to conditions related to policy reforms. But there is growing frustration with how conditionality has worked in practice. Research has shown that traditional conditionality usually does not "buy" reforms. Moreover, because aid funds are fungible within government budgets, a results-based approach is needed to enhance aid effectiveness. At the initiative of the European Commission, the Strategic Partnership with Africa is piloting a new approach to conditionality in Burkina Faso to explore changes that enhance donor coordination, foster country ownership of reforms, and smooth aid flows--and so increase aid effectiveness. A driving feature of the approach is a focus on the outcomes of government reforms and policies.