Stand alone books
498 items available
Permanent URI for this collection
Items in this collection
1 - 10 of 24
-
Publication
India's Investment Climate : Voices of Indian Business
(Washington, DC: World Bank, 2009)This book identifies key investment climate bottlenecks that slow down growth and poverty reduction. Based on face-to-face surveys of owners and managers of firms, combined with extensive dataset analysis, backed by secondary sources, the study analyses the critical factors that influence day-to-day decisions by firms on how to invest. As a result, it identifies growth-enabling reforms that cover macroeconomic policies, governance, institutions, and infrastructure. To get an understanding of investment climate constraints for the entire economy, the book focuses on four key sectors. The manufacturing sector, both organized and unorganized, is important in that it not only contributes a significant share of the overall gross domestic product (GDP), but it is also critical for employment generation and to the growth of the 'lagging' states. Similarly, the retail sector is an important part of the overall economy in its contribution to GDP and to employment. Finally, the information and communication technologies (ICT) sector, though a small part of GDP, has been leading India's services success story and serves as a good example from which the authors may learn. The book presents illustrative case studies of the key constraints identified, and the efforts to address them, along with policy recommendations. Furthermore, the book identifies a number of issues that require further analysis; in those instances the book should be viewed as a first step to bringing the issues into the forefront. The World Bank Group stands ready to work with the government, private sector, and other stakeholders in taking forward this work to help generate real impact on the ground. -
Publication
India's Investment Climate : Voices of Indian Business
(World Bank, 2009)This book identifies key investment climate bottlenecks that slow down growth and poverty reduction. Based on face-to-face surveys of owners and managers of firms, combined with extensive dataset analysis, backed by secondary sources, the study analyses the critical factors that influence day-to-day decisions by firms on how to invest. As a result, it identifies growth-enabling reforms that cover macroeconomic policies, governance, institutions, and infrastructure. To get an understanding of investment climate constraints for the entire economy, the book focuses on four key sectors. The manufacturing sector, both organized and unorganized, is important in that it not only contributes a significant share of the overall gross domestic product (GDP), but it is also critical for employment generation and to the growth of the 'lagging' states. Similarly, the retail sector is an important part of the overall economy in its contribution to GDP and to employment. Finally, the information and communication technologies (ICT) sector, though a small part of GDP, has been leading India's services success story and serves as a good example from which the authors may learn. The book presents illustrative case studies of the key constraints identified, and the efforts to address them, along with policy recommendations. Furthermore, the book identifies a number of issues that require further analysis; in those instances the book should be viewed as a first step to bringing the issues into the forefront. The World Bank Group stands ready to work with the government, private sector, and other stakeholders in taking forward this work to help generate real impact on the ground. -
Publication
Financing Energy Efficiency : Lessons from Brazil, China, India, and Beyond
(Washington, DC : World Bank, 2008)Energy for heating, cooling, lighting, mechanical power, and various chemical processes is a fundamental requirement for both daily life and economic development. The negative impact on the environment of current energy systems is increasingly alarming, especially the global warming consequences of burning fossil fuels. The future requires change through the development and adoption of new supply technologies, through a successful search for new, less resource-intensive paths of economic development, and through adoption of energy. Greater energy efficiency is key for shifting country development paths toward lower-carbon economic growth. Especially in developing countries and transition economies, vast potential for energy savings opportunities remain unrealized even though current financial returns are strong. Activities included specialized technical assistance, training, and applied research covering the four primary areas of country interest: (a) development of commercial banking windows for energy efficiency; (b) support for developing energy service companies (ESCOs); (c) guarantee funds for energy efficiency investment financing; and (d) equity funding for ESCOs or energy efficiency projects. One clear message from the experience of the three country Energy Efficiency Project is the importance of establishing and maintaining practical, operationally focused dialogue between the banking community and the energy efficiency practitioner community. -
Publication
South Asian Bond Markets : Developing Long-Term Finance for Growth
(Washington, DC : World Bank, 2008)Bond markets play an essential part in economies. As part of a diversified financial system, a well-developed domestic bond market can help provide the long-term financing needed for sustainable growth. It can also produce broad-ranging benefits throughout the economy. In South Asia the development of domestic debt securities markets lags. The markets remain small compared both with the size of the region's economies and with markets in East Asia. Even in India the market is still small relative to Gross Domestic Product (GDP), suggesting that long-term debt financing remains at an early stage in the region. Equity markets and banks still dominate South Asian financial systems. Measures are needed to enhance both the depth and the breadth of South Asian bond markets, to bring them into line with those in East Asia and, in the long run, with those in Organization for Economic Co-operation and Development (OECD) countries. This study assesses domestic debt securities markets in South Asia, identifies constraints to their development, and recommends measures for developing deeper, broader, and more efficient markets that can provide a competitive source of finance across a wide range of maturities for different debt issuers. The study covers five countries-Bangladesh, India, Nepal, Pakistan, and Sri Lanka. Within the region the development of domestic debt securities markets varies widely. India's is the most developed. Its experience, along with those of East Asian economies, suggests that much potential remains for developing South Asian bond markets and expanding their contribution to growth and development. Greater regional integration of South Asian bond markets could add to the benefits. -
Publication
Risk Analysis for Islamic Banks
(Washington, DC: World Bank, 2008)This publication provides a comprehensive overview of topics related to the assessment, analysis, and management of various types of risks in the field of Islamic banking. It is an attempt to provide a high-level framework (aimed at non-specialist executives) attuned to the current realities of changing economies and Islamic financial markets. The Islamic financial system is not limited to banking; it also covers capital formation, capital markets, and all types of financial intermediation and risk transfer. Islamic finance was practiced predominantly in the Muslim world throughout the middle ages, fostering trade and business activities with the development of credit. The growth of Islamic finance coincided with the current account surpluses of oil-exporting Islamic countries. The Middle East saw a mushrooming of small commercial banks competing for surplus funds. The Islamic Republics of Iran, Pakistan, and Sudan announced their intention to make their financial systems compliant with Shariah. -
Publication
Ending Poverty in South Asia : Ideas That Work
(Washington, DC: World Bank, 2007)The case studies in this book were developed as part of a year-long learning process initiated by the World Bank in 2003-4 to examine large scale poverty reduction programs in a wide range of developing countries around the world. This volume presents 12 of the case studies from South Asia. . The last two decades saw substantial change in the countries of South Asia. All countries of the subcontinent experienced more rapid growth than in the earlier decades and also saw a definite reduction in the incidence of poverty, resulting in the improvement of the lives of hundreds of millions of poor people. One common element was the adoption of broad based economic reforms involving rethinking of earlier approaches to development. The reforms in South Asia were notable in that they were homegrown, gradual, and accompanied by continual redesign and fine tuning. Individuals can make a difference in fighting poverty when ways are found to institutionalize creative ideas and apply them on a scale extending beyond pilot projects. This book recounts 12 such cases from a range of countries and sectors in the South Asia region, with a focus on how these programmes scaled up and on the potential for applying lessons in other settings. These case studies do not offer a blueprint or model for poverty reduction; there is no single model. Nor do they cover every issue that is important. But they suggest the range of ideas that can be successful and the underlying principles that cut across these diverse initiatives. All the programmes tap the imagination and ingenuity of the South Asian people- in government offices, in civil society organizations, in the private sector, and in the villages and urban neighborhoods. All seek to empower poor people to access the economic opportunities and basic services so necessary to human dignity. The lessons are complex, and applying them will undoubtedly require redesign and fine-tuning to fit the initiatives to the local context. What is important, however, is that the experience of the last two decades has shown that reforms and scaling-up innovations can work in South Asia-and if these examples can be strengthened and expanded in the coming decades, the dreams of a subcontinent free of poverty may be realized. -
Publication
Financing Cities : Fiscal Responsibility and Urban Infrastructure in Brazil, China, India, Poland and South Africa
(New Dehli : Sage Publications and World Bank, 2007)This book, Financing cities, emphasized case studies on different topics to look at the interactions of a range of variables and factors and to see how they fit together. Rather than require each case to follow the same format, the authors have structured their papers around the issues that matter most from their perspective in addressing the topic in hand. The first part of this book presents case studies describing the framework established at the national level to promote urban infrastructure finance while ensuring fiscal discipline and reviewing recent experience as well as future challenges. The subjects covered include the impact of political and fiscal decentralization, limitations on borrowing, managing moral hazard, the role of the financial sector, the achieving of the right balance between stringent controls and encouragement of local governments taking responsibility for fiscal discipline coupled with market discipline. The cases featured include three of the world's largest decentralized nations; together the five countries featured in the conference account for nearly a third of the world's urban population. Part I includes case studies for each of the five countries featured in the conference: Brazil (Chapter 1), China (Chapter 2), India (Chapter 3), Poland (Chapter 4) and South Africa (Chapter 5). Part II then shifts from the frameworks for fiscal discipline to urban infrastructure investments and the strategies used to mobilize investment funding. Chapters 6 and 7 examine the financing strategies for urban infrastructure in Shanghai and Brazil respectively. The next two chapters focus on specialized intermediaries offering urban infrastructure finance in cities. One is a fully private venture in South Africa (Chapter 9) while the other, in Tamil Nadu, India (Chapter 8), is a spin-off of a government fund with minority private ownership. The final two chapters examine experiences with two other mechanisms for mobilizing funding for infrastructure investments from the private sector, land leasing and sales (Chapter 10) and private participation in infrastructure operations (Chapter 11). -
Publication
Unleashing India's Innovation : Toward Sustainable and Inclusive Growth
(Washington, DC: World Bank, 2007)India's recent growth has been impressive, with real GDP rising by over eight percent a year since 2004 -- accompanied by a jump in innovative activities. Growth has been driven by rapid expansion in export-oriented, skill-intensive manufacturing and, especially, skill-intensive services. The book is structured as follows: Chapter 1 reviews the Indian context and enabling environment. Chapter 2 analyzes knowledge creation and commercialization. Chapter 3 discusses knowledge diffusion and absorption. Chapter 4 encourages inclusive, pro-poor innovation. Chapter 5 addresses the need for stronger skills and education for innovation. Chapter 6 examines ways of improving information infrastructure. Chapter 7 suggests approaches to enhance innovation finance. -
Publication
Explaining South Asia's Development Success : The Role of Good Policies
(Washington, DC: World Bank, 2006)South Asia has performed well over the past 25 years in reducing poverty, improving human development and increasing growth, but faster progress with poverty reduction will require a higher rate of growth. This book shows that the development performance is not a puzzle but largely explained by good policies. Countries in the region have maintained good macroeconomic environments, opened up their economies to greater domestic and international competition, and reduced the role of corrupt and inefficient public enterprises. -
Publication
Poverty and Social Impact Analysis of Reform : Lessons and Examples from Implementation
(Washington, DC: World Bank, 2006)Poverty and Social Impact Analysis (PSIA) is an approach used increasingly by governments, civil society organizations, the World Bank, and other development partners to examine the distributional impacts of policy reforms on the well-being of different stakeholders groups, particularly the poor and vulnerable. PSIA has an important role in the elaboration and implementation of poverty reduction strategies in developing countries because it promotes evidence-based policy choices and fosters debate on policy reform options. This publication presents a collection of case studies that illustrate the spectrum of sectors and policy reforms to which PSIA can be applied; it also elaborates on the broad range of analytical tools and techniques that can be used for PSIA. The case studies provide examples of the impact that PSIA can have on the design of policy reforms and draw operational lessons for PSIA implementation. The case studies deal largely with policy reforms in a single sector, such as agriculture (crop marketing boards in Malawi and Tanzania and cotton privatization in Tajikistan); energy (mining sector in Romania and oil subsidies in Ghana); utilities (power sector reform in Ghana, Rwanda, and transition economies, and water sector reform in Albania); social sectors (education reform in Mozambique and social welfare reform in Sri Lanka); taxation reform (Nicaragua); as well as macroeconomic modeling (Burkina Faso).