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Publication
World Bank Annual Report 2023: A New Era in Development
(Washington, DC: World Bank, 2023-09-28) World BankThis annual report, which covers the period from July 1, 2022, to June 30, 2023, has been prepared by the Executive Directors of both the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA)—collectively known as the World Bank—in accordance with the respective bylaws of the two institutions. Ajay Banga, President of the World Bank Group and Chairman of the Board of Executive Directors, has submitted this report, together with the accompanying administrative budgets and audited financial statements, to the Board of Governors. -
Publication
A New State of Mind: Greater Transparency and Accountability in the Middle East and North Africa
(Washington, DC : World Bank, 2022-10-05) Belhaj, Ferid ; Gatti, Roberta ; Lederman, Daniel ; Sergenti, Ernest John ; Assem, Hoda ; Lotfi, Rana ; Mousa, Mennatallah EmamThe MENA region is facing important vulnerabilities, which the current crises—first the pandemic, then the war in Ukraine—have exacerbated. Prices of food and energy are higher, hurting the most vulnerable, and rising interest rates from the global tightening of monetary policy are making debt service more burdensome. Part I explores some of the resulting vulnerabilities for MENA. MENA countries are facing diverging paths for future growth. Oil Exporters have seen windfall increases in state revenues from the rise in hydrocarbon prices, while oil importers face heightened stress and risk—from higher import bills, especially for food and energy, and the depreciation of local currencies in some countries. Part II of this report argues that poor governance, and, in particular, the lack of government transparency and accountability, is at the root of the region’s development failings—including low growth, exclusion of the most disadvantaged and women, and overuse of such precious natural resources as land and water. -
Publication
Tunisia - Systematic Country Diagnostic: Rebuilding Trust and Meeting Aspirations for a More Prosperous and Inclusive Tunisia
(Washington, DC: World Bank, 2022-09-30) World BankThis Systematic Country Diagnostic (SCD) comes at critical moment in Tunisia. Since the 2011 revolution and the promulgation of a new constitution in 2014, Tunisia has been navigating a difficult political transition. While there have been gains in poverty reduction, public trust in government has declined sharply, and the economy has stalled. The COVID-19 pandemic and more recently the effects of the war in Ukraine also exacerbated stresses on the economy, the public finances, and public trust in government. Partly as result of these trends, recent political events since July 25 2021 have marked a break with the 2014 constitutional model, and created great uncertainty regarding the future direction of Tunisia’s transition. At the time of writing, it is still uncertain what form Tunisia’s new political and constitutional model will take in coming years. The Tunisia SCD takes a ten-year view of trends in Tunisia since 2011, drawing comparisons with other comparable countries, and suggesting possible future pathways. The World Bank Group undertakes SCDs as a diagnostic exercise to identify key challenges and opportunities to accelerate progress towards rebuilding trust and meeting citizen aspirations, and ultimately to contribute to the World Bank Group’s twin goals of ending absolute poverty and boosting shared prosperity in a sustainable manner. It is intended to become a reference point for consultations on priorities for World Bank Group country engagement. It is also intended as a contribution to the public debate about Tunisia’s path forward. This longer term perspective means that the Tunisia SCD does not place a heavy emphasis on recent events, but rather seeks to situate them in the broader context of trends in equitable growth, poverty reduction, and state capability. -
Publication
The World Bank Annual Report 2022: Helping Countries Adapt to a Changing World
(Washington, DC : World Bank, 2022) World BankThe Annual Report is prepared by the Executive Directors of the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA)--collectively known as the World Bank--in accordance with the by-laws of the two institutions. The President of the IBRD and IDA and the Chairman of the Board of Executive Directors submit the Report, together with the accompanying administrative budgets and audited financial statements, to the Board of Governors. -
Publication
The World Bank Annual Report 2021: From Crisis to Green, Resilient, and Inclusive Recovery
(Washington, DC: World Bank, 2021-10-01) World BankThe Annual Report is prepared by the Executive Directors of the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA)--collectively known as the World Bank--in accordance with the by-laws of the two institutions. The President of the IBRD and IDA and the Chairman of the Board of Executive Directors submits the Report, together with the accompanying administrative budgets and audited financial statements, to the Board of Governors. -
Publication
Ebb and Flow, Volume 2: Water in the Shadow of Conflict in the Middle East and North Africa
(Washington, DC: World Bank, 2021-08-23) Borgomeo, Edoardo ; Jägerskog, Anders ; Zaveri, Esha ; Russ, Jason ; Khan, Amjad ; Damania, RichardThe Middle East and North Africa Region encapsulates many of the issues surrounding water and human mobility. It is the most water-scarce region in the world and is experiencing unprecedented levels of forced displacement. Ebb and Flow: Volume 2. Water in the Shadow of Conflict in the Middle East and North Africa examines the links between water risks (harmful outcomes related to water, from droughts and floods to lack of sanitation), conflict, and forced displacement. It aims to better explain how to address the vulnerabilities of forcibly displaced persons and their host communities, and to identify water policy and investment responses. Contrary to common belief, the report finds that the evidence linking water risks with conflict and forced displacement in the region is not unequivocal. Water risks are more frequently related to cooperation than to conflict at both domestic and international levels. But while conflict is not necessarily a consequence of water risks, the reverse is a real and concerning phenomenon: conflict amplifies water risks. Since 2011, there have been at least 180 instances of intentional targeting of water infrastructure in conflicts in Gaza, Libya, the Syrian Arab Republic, and the Republic of Yemen. Forcibly displaced persons and their host communities face myriad water risks. Access to safe drinking water is a daily struggle for millions of forcibly displaced Iraqis, Libyans, Palestinians, Syrians, Yemenis, and international migrants in the region, heightening public health risks. Tanker trucks often help fill the gap; however, significant issues of water quality, reliability, and affordability remain. Host communities also face localized declines in water availability and quality as well as unplanned burdens on water services following the arrival of forcibly displaced persons. The reality of protracted forced displacement requires a shift from humanitarian support toward a development approach for water security, including structured yet flexible planning to deliver water services and sustain water resources for forcibly displaced persons and their host communities. -
Publication
Remarks at the World Health Organization Media Briefing on COVID-19 and Vaccine Equity
(World Bank, Washington, DC, 2021-06-01) Malpass, DavidWorld Bank Group President David Malpass stated that the immediate priority is for countries that have sufficient supply to quickly release doses to countries that have vaccination deployment programs. He said that by the end of June, the World Bank will have approved vaccination operations in over 50 countries. It is vital to speed up the supply chain. The World Bank is providing transparent access to very detailed information about projects through an online portal available at https://www.worldbank.org/vaccines. He urged other development partners to publish detailed information about their vaccine financing and deployment programs and their delivery schedules. The World Bank is also working to expand supply and will be making announcements of investments by IFC, the World Bank Group’s private sector development arm. -
Publication
Climate Change Institutional Assessment
(World Bank, Washington, DC, 2021-04-14) World BankClimate change poses particularly difficult challenges for public sector institutions. Climate change impacts all sectors of the economy and society. Action to address climate change requires coordination among multiple government and nongovernment actors. The extended time frame over which climate change unfolds requires a capability to plan, implement, and sustain a credible commitment to increasingly ambitious policies over multiple political cycles. There will be winners and losers. Policies may be contested. The Climate Change Institutional Assessment (CCIA) identifies the strengths and weaknesses of the institutional framework for addressing these climate change governance challenges. The audience for the assessment is officials of center-of-government agencies responsible for policy, planning, and finance, agencies with leading roles in climate change policy, and inter-ministerial climate change bodies. -
Publication
World Bank Group Press Conference at the 2021 Spring Meetings, April 7, 2021
(World Bank, Washington, DC, 2021-04-07) Malpass, DavidDavid Malpass, President of the World Bank, discussed vaccines, climate, and debt. The World Bank commitments grew a record amount both in percent terms and dollar terms in 2020. The Bank is providing financing for several of the countries and they can be large-scale programs, but the countries are working to arrange delivery schedules from the various vaccine providers. That will be an important part of the recovery. The Bank completed a big vaccination operation through Board, which makes financing available to Bangladesh and also technical assistance from the World Bank, which is very helpful to the countries as they try to enter contract discussions, and also as they work within their health systems in order to vaccinate people. The Bank is working actively on biodiversity and agricultural challenges facing Brazil. -
Publication
World Development Report 2021: Data for Better Lives
(Washington, DC: World Bank, 2021-03-24) World BankToday’s unprecedented growth of data and their ubiquity in our lives are signs that the data revolution is transforming the world. And yet much of the value of data remains untapped. Data collected for one purpose have the potential to generate economic and social value in applications far beyond those originally anticipated. But many barriers stand in the way, ranging from misaligned incentives and incompatible data systems to a fundamental lack of trust. World Development Report 2021: Data for Better Lives explores the tremendous potential of the changing data landscape to improve the lives of poor people, while also acknowledging its potential to open back doors that can harm individuals, businesses, and societies. To address this tension between the helpful and harmful potential of data, this Report calls for a new social contract that enables the use and reuse of data to create economic and social value, ensures equitable access to that value, and fosters trust that data will not be misused in harmful ways. This Report begins by assessing how better use and reuse of data can enhance the design of public policies, programs, and service delivery, as well as improve market efficiency and job creation through private sector growth. Because better data governance is key to realizing this value, the Report then looks at how infrastructure policy, data regulation, economic policies, and institutional capabilities enable the sharing of data for their economic and social benefits, while safeguarding against harmful outcomes. The Report concludes by pulling together the pieces and offering an aspirational vision of an integrated national data system that would deliver on the promise of producing high-quality data and making them accessible in a way that promotes their safe use and reuse. By examining these opportunities and challenges, the Report shows how data can benefit the lives of all people, but particularly poor people in low- and middle-income countries.
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