World Bank Country Studies

68 items available

Permanent URI for this collection

https://hdl.handle.net/10986/4392

Country Studies are published with approval of the subject government to communicate the results of the Bank's work on the economic and related conditions of member countries to governments and to the development community. This series as been superseded by the World Bank Studies series.

Items in this collection

Now showing 1 - 10 of 24

Argentine Youth : An Untapped Potential
(World Bank, 2009-03-01) World Bank
Argentina's youth, 6.7 million between the ages of 15 and 24, are an important, but to a certain extent untapped, resource for development. Over 2 million (31 percent) have already engaged in risky behaviors, and another 1 million (15 percent) are exposed to risk factors that are correlated with eventual risky behaviors. This totals 46 percent of youth at some form of risk. Today's youth cohort is the country's largest ever and it's largest for the foreseeable future. If policymakers do not invest in youth now, especially in youth at risk, they will miss a unique opportunity to equip the next generation with the abilities to become the drivers of growth, breaking the intergenerational spiral of poverty and inequality and moving Argentina back into the group of high-income countries. If youth are educated and skilled, they can be a tremendous asset for development. If not, they can burden society and public finances. Overall, Argentina is blessed with high enrollment rates in school, low levels of crime and violence, and moderate to low drug use by youth. However, youth employment, smoking and binge drinking (including its effect on traffic accidents), teen pregnancies, and HIV pose challenges for youth policy. While most youth in Argentina are educated, skilled, and healthy, a large group is potentially at risk of engaging in myopic behaviors, including school absenteeism and leaving, substance use and abuse, delinquency, crime, and risky sexual behavior. The consequences of these risky behaviors, unemployment, adolescent pregnancy, sexually-transmitted diseases, addiction, incarceration, violence, and social exclusion, make it difficult for youth to successfully transition to adulthood, imposing large costs on individuals and society. Applying the framework of the world development report 2007, this report examines the five life-changing transitions that all youth confront: leaving school and continuing to learn, starting to work, developing and maintaining a healthy lifestyle, forming a family, and exercising citizenship.
Haiti : Public Expenditure Management and Financial Accountability Review
(Washington, DC : World Bank, 2008) World Bank
Haiti made good progress over the past three years but major challenges remain to accelerating growth and reducing poverty. After the lost decade 1994-2004, marked by political instability and economic decline, Haiti reformed significantly and revived growth, especially in the past three years. Macroeconomic policies implemented since mid-2004 helped restart economic growth, reestablish fiscal discipline, reduce inflation and increase international reserves. Financial sector stability has been maintained though weaknesses have emerged. Significant progress was also achieved in the implementation of economic governance measures, mainly in the area of legal framework, core public institutions and financial management processes and procedures. Notably, basic budget procedures were restored, the public procurement system strengthened, and anti-corruption efforts stepped up. Efforts were also made to improve efficiency and transparency in the management of public enterprises. This wave of reforms led to renewed confidence and translated into higher growth. Real Gross Domestic Product (GDP) is estimated to have grown by 2.3 percent in FY2006, implying an increase of about 0.6 percent in per capita GDP, compared to -0.2 percent in FY2005. The successful implementation of its stabilization program helped Haiti benefit from a three year International Monetary Fund (IMF) - Poverty Reduction and Growth Facility (PRGF) supported program. In addition, in November 2006, Haiti qualified for debt relief under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative by reaching the decision point under the initiative.
Afghanistan : State Building, Sustaining Growth, and Reducing Poverty
(Washington, DC: World Bank, 2005) World Bank
Afghanistan has come a long way since emerging from major conflict in late 2001. Important political milestones mandated by the Bonn Agreement (two Loya Jirgas, a new Constitution, recently the Presidential election) have been achieved. The economy has recovered strongly, growing by nearly 50 percent cumulatively in the last two years (not including drugs). Some three million internally- and externally-displaced Afghans have returned to their country/home.More than four million children, a third of them girls, are in school, and immunization campaigns have achieved considerable success. The Government has supported good economic performance by following prudent macroeconomic policies; it has begun to build capacity and has developed the nationally-led budget process and made the budget into its central instrument of reform; and it has made extraordinary efforts to develop key national programs (for example public-works employment programs and community development programs) and to revive social services like education and health.
Decentralization in Madagascar
(Washington, DC, 2004-06) World Bank
This paper takes stock of Madagascar's first 10 years of decentralization. As it happened in many other developing countries, particularly in Africa, Madagascar's decentralization process has seen reversals, uncertainties and lack of clarity all along. This explains why Madagascar, despite the experience with decentralization, remains a highly centralized country with only about 3-4 percent of expenditures spent below the center and with very few prerogatives decentralized to the local level. Notwithstanding the structural impediments to decentralization in poor countries, many positive lessons can be drawn from the Madagascar case, which point to the potentials of the decentralization process. This study provides a detailed analysis of local government finances and develops a methodology for measuring local financing needs (local fiscal gap methodology). Based on this analysis, the study argues that a lot can be gained from simplifying administrative arrangements and fiscal relationships. Instead of a full-blown and ambitious decentralization strategy, this book suggests a number of reforms, which would go a long way by making the current structure work better. These reforms include: (1) a full transfer of the (limited) local competencies to commune, particularly local revenue collection; (2) increasing transfers to rural communes so that per capita allocations would be the same across communes-rural and urban; and (3) assigning revenues to one level of government only, except for some very specific types of taxes (such as on natural resources).
The Road to Sustained Growth in Jamaica
(Washington, DC, 2004-04) World Bank
Jamaica's economic history is one of paradoxes, and potential - it has an English-speaking, and reasonably well-educated labor force, is close to the world's largest market, the United States, and, has an abundance of natural beauty, which has spurred tourism - and, many of its social, and governance indicators are strong, including near universal school enrollment. Poverty rates are below that of comparable countries. Yet, the Jamaican story is marked by the paradoxes of low growth in GDP and high employment, despite high investment, and important achievements in poverty reduction. This paper attempts to explain these paradoxes, and concludes that one possible explanation is that GDP has been understated. Amid these challenges, this report proposes that a "bandwagon" approach to reforms may be needed to improve prospects for sustained growth, with policy actions on several fronts, including measures to avert crisis, while continuing to strengthen social safety nets, as well as short- and long-term policies, such as reducing the growth of public expenditure, and tackling crime. Given that policy choices are likely to be difficult, it argues that an approach based on social dialogue, and consensus building is essential to create ownership for future reforms among all stakeholders.
Inequality and Economic Development in Brazil
(Washington, DC, 2004) World Bank
This study addresses three questions : why do inequalities matter for Brazil's development? Why does Brazil occupy a position of very high inequality in the international community? And, What should public policy do about it? Excessive income inequality is unfair, and undesirable on ethical grounds, and can bring adverse effects on economic growth, health outcomes, social cohesion, and crime. Brazil's excessive income inequality is associated to regressive public transfers, less equitable distribution of education, and higher wage differentials. It is thus suggested that Brazil's strategy to fight inequality should focus on four areas that are good for reducing inequality, good for reducing poverty, and good for increasing efficiency, competitiveness, and growth: raising the level, and reducing the inequities of educational attainment, reducing the wage skill premium of post-secondary education, reallocating public expenditure away from excessive, and regressive transfers, and taking advantage of the opportunity to implement an indirect tax reform, that can reduce the inequity of indirect taxation. Despite the absence of explicit tradeoffs between equity, and efficiency, these policies do not benefit everyone, and they do involve inevitable political choices.
Public Expenditure Review for Armenia
(Washington, DC, 2003-08) World Bank
This is the first full-scale World Bank Public Expenditure Review for Armenia, which reviews the main fiscal trends in the country for the period 1997-2001, and develops recommendations with respect to further fiscal adjustment, expenditure prioritization, and budget consolidation. The analysis focuses on core issues, i.e., sustainability of fiscal adjustment, fiscal transparency, expenditure priorities, and short-term expenditure management, given the existing economy-wide institutional constraints. The study covers extra-budgetary funds, in-kind external grants, subsidies provided by the state-owned companies in the energy, and utility sectors, and operations of the Social Insurance Fund, as well as regular spending. It suggests a medium-term action plan to address identified weaknesses. Sectoral chapters review health, education, and social protection and insurance. The study also analyzes budget support for core public infrastructure, and the country's public investment program.
Bulgaria Public Expenditure Issues and Directions for Reform
(Washington, DC, 2003-08) World Bank
The study is the first-ever Public Expenditure and Institutional Review (PEIR) on Bulgaria by the World Bank. It outlines public expenditure issues, and policy directions to improve the efficiency, and effectiveness of public expenditures in the country. To this end, it assesses fiscal sustainability, and analyzes the public expenditures, and their institutional framework. Bulgaria has made substantial progress toward long-term macroeconomic stability, but important challenges remain in the five sectors analyzed - education, health, social protection, the state railways, and energy sectors. It also analyses the institutional challenges in public expenditure management.
Slovak Republic--Joining the EU : A Development Policy Review
(Washington, DC, 2003-06) World Bank
The Slovak Republic's external current account and fiscal deficits (net of privatization receipts) are unsustainably high (at about 8 percent of GDP in 2002), despite some recent declines. With a capital account surplus of perhaps 20 percent of GDP this year, the Slovak Republic may not find it particularly difficult to finance these deficits, but this favorable situation will not last. Furthermore, through its impact on the real exchange rate, this policy mix is undermining the employability of large segments of the population (particularly those with low skill levels) and will ultimately choke growth (projected at 4 percent for 2002). While much policy attention has gone to stimulating investment, future growth will also depend on raising the employment rate, currently one of the lowest among the Central and East European Countries (CEECs). This report lays out the broad thrust of a policy strategy to bolster the recovery and bring the economy towards convergence with the EU. This strategy consists of three key elements: (a) Continued trade, finance, and enterprise reform to complete the structural transformation of the economy and align it with the EU framework (b) Fiscal consolidation, focusing on cutting back expenditure and stabilizing revenues, while redirecting revenue and expenditure policies to become more fully supportive of growth and employment objectives (c) Labor market reform, directed at enhancing labor market flexibility by relaxing legal provisions on working arrangements (such as part-time work, self-employment, and fixed term contracts), by decentralizing collective bargaining, and discarding the minimum wage as an instrument of incomes policy, and by reforming the social assistance system. The ultimate success of the policy reforms outlined in this report will depend to a great extent on the government's capacity to strengthen the institutional framework in which those policies are conceived, decided upon, and executed. Three priorities have been highlighted: (i) the reform of public expenditure management systems and practices needed to support a growth-oriented fiscal strategy; (ii) the consolidation of the recent decentralization moves as a prerequisite for further devolution, and (iii) a much overdue overhaul of the judiciary system.
Restoring Fiscal Discipline for Poverty Reduction in Peru : A Public Expenditure Review
(Washington, DC: World Bank, 2003-06) World Bank; Inter-American Development Bank
This public expenditure review is produced jointly by the World Bank and the Inter-American Development Bank, and focuses on social sectors spending and leaves aside infrastructure and other sectors. This report, finalized in June 2002 and discussed with Authorities in mid-August 2002, does not take into account policy developments occurring after this time. The report is organized as follows: Chapter 1 presents a synthesis of Peru's public expenditure reform agenda from the Bank's perspective. It is based on, and distills, the thematic chapters that make up this report. Chapters 2-4 examine the core functions of public expenditure management: macro fiscal aggregates, resource allocations to strategic sectors, and microeconomic efficiency of public spending. Chapters 5-8 explore selected themes, such as the decentralization of public administration and the social sectors; civil service reform; governance and corruption; and mining fiscal and environmental issues. These chapters are, in turn, supported by fifteen topic-specific background papers, including an innovative public expenditure tracking survey on municipal transfers. Other topics focus on public sector employment; decentralization of health and education; an empirical diagnostic study on governance, rule of law, and corruption; and a comparison of the Peruvian tax system with mining tax systems in other nations.