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  • Publication
    Yemen - Connecting the Yemeni Private Sector to the World
    (Washington, DC: World Bank, 2024-03-25) World Bank
    This Private Sector Assessment Report on the Republic of Yemen is delivered as part of the Private Sector Technical Assistance project. The goal of the project is to understand the dynamics of the country’s private sector during conflict; identify constraints to trade, investment, and finance; and propose recommendations for inclusive private sector entry, survival, and growth. The report also includes an overview of the financial sector’s impact on the private sector, especially on the latter’s resilience during conflict. Finally, the report provides structural and policy recommendations that, once implemented by the authorities on both national and subnational levels, would prepare the Yemeni private sector to participate in the country’s post-conflict recovery and reconstruction.
  • Publication
    Libya Storm and Flooding 2023: Rapid Damage and Needs Assessment
    (Washington, DC: World Bank, 2024-02-12) World Bank
    The objective of the RDNA is to estimate the impact of the storm and floods on physical assets and service delivery in the most affected areas and take stock of the ensuing recovery needs. The RDNA covers 20 municipalities and provides indepth analysis of the five most affected cities (Derna, Soussa, Al-Bayda, Al-Marj, and Shahhat) The RDNA employs an assessment methodology developed by the WB, EU and UN that has been successfully applied in numerous disaster-affected countries around the World. The RDNA relies largely on satellite imagery based data, social media analytics and other means of remote data collection. Despite extensive efforts to maximize the accuracy and reliability of the data collected and utilized for the RDNA, the recovery planning and implementation phases will provide an opportunity to further improve upon the RDNA data through more comprehensive ground damage surveys. The RDNA provides sector specific strategies for green, resilient, inclusive, and sustainable recovery. Based on these sector-specific strategies, it identifies and quantifies needs for several sectors, distributed, and sequenced across the short-term (0–12 months) and medium-term (1–3 years). These sectors encompass Social Sectors (Housing, Education, Health, Poverty, and Social Protection, and Jobs), Productive Sectors (Agriculture and Financial), Infrastructure Sectors (Energy, Transport, Telecommunications and Digital Development, Water and Sanitation, and Water Resource Management, and Municipal Services), as well as Cross-Cutting Sectors (Environment, Impact on Women and Men, Governance and Public Institutions, Disaster and Climate Risk Management, and Social Sustainability and Inclusion). The RDNA also analyses macroeconomic and socioeconomic impacts of the floods to anticipate how these are affecting the population’s well-being. Although the scope of the RDNA is limited to damages, losses and needs caused by the flood, the recommended recovery measures attempt to contribute to longer term stability and improved governance of the disaster affected region.
  • Publication
    World Bank Annual Report 2023: A New Era in Development
    (Washington, DC: World Bank, 2023-09-28) World Bank
    This 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
    Tunisia Economic Monitor, Summer 2022: Navigating the Crisis during Uncertain Times
    (Washington, DC, 2022-07) World Bank
    The war in Ukraine and rising commodity prices have exacerbated the vulnerabilities of the Tunisian economy in the first months of 2022. The impact of the war began to be felt as the trade deficit widened by 56 percent in the first six months of 2022 reaching 8.1 percent of GDP. Lower oil and gas production and increased demand for energy and agricultural products have exacerbated the vulnerability of the trade balance to the vagaries of international markets. With a challenging global environment, the economic recovery appears weaker than previously forecast.
  • Publication
    World Development Report 2022: Finance for an Equitable Recovery
    (Washington, DC: World Bank, 2022-02-15) World Bank
    World Development Report 2022: Finance for an Equitable Recovery examines the central role of finance in the economic recovery from COVID-19. Based on an in-depth look at the consequences of the crisis most likely to affect low- and middle-income economies, it advocates a set of policies and measures to mitigate the interconnected economic risks stemming from the pandemic—risks that may become more acute as stimulus measures are withdrawn at both the domestic and global levels. Those policies include the efficient and transparent management of nonperforming loans to mitigate threats to financial stability, insolvency reforms to allow for the orderly reduction of unsustainable debts, innovations in risk management and lending models to ensure continued access to credit for households and businesses, and improvements in sovereign debt management to preserve the ability of governments to support an equitable recovery.
  • Publication
    Grievance Redress Mechanism of the Takaful and Karama Program in the Arab Republic of Egypt
    (Washington, DC, 2022) World Bank
    Launched in January 2015, the Takaful and Karama (T&K) program is among the Arab Republic of Egypt government’s cornerstone social protection mitigation measures. It seeks to alleviate the adverse effects of the country’s bold economic reforms aimed at addressing longstanding macroeconomic issues. Implemented by the Ministry of Social Solidarity (MoSS) and co-financed by the government and the World Bank, the T&K program is among Egypt’s largest investments in human capital development. This case study summarizes the practices of the T&K program GRM to date, including lessons learned. The experiences and achievements of the T&K GRM in Karama’s beneficiary assessment phase are specifically highlighted. Section two explores the GRM as part of a broader social accountability approach; section three summarizes the institutional arrangements for grievance resolution; section four discusses key results and trends regarding grievance handling; and section five concludes with a snapshot of achievements, lessons learned, areas of strength and in need of improvement, and the path forward.
  • Publication
    Unlocking Sustainable Private Sector Growth in the Middle East and North Africa: Evidence from the Enterprise Survey
    (Luxembourg City: European Investment Bank; London: European Bank for Reconstruction and Development; Washington, DC: World Bank, 2022) World Bank; European Bank for Reconstruction and Development; European Investment Bank
    Economic growth in the Middle East and North Africa (MENA) has been weak since the global financial crisis of 2007-09 and the Arab Spring of the early 2010s. Achieving higher and sustainable growth is particularly important in view of other economic challenges facing the region: public debt in MENA countries has increased considerably over the last decade, accompanied by declining investment. This report seeks to understand what lies beneath that relatively slow growth, with a particular focus on the reasons for stagnating productivity and inadequate accumulation of human capital and physical capital in the region’s private sector. To this end, the report summarizes the main findings from nine background papers based on enterprise survey data. It also draws conclusions for policy, not only for promoting stronger firm performance, but also for addressing the challenge of climate change by pursuing sustainable growth.
  • Publication
    The World Bank Annual Report 2022: Helping Countries Adapt to a Changing World
    (Washington, DC : World Bank, 2022) World Bank
    The 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 Bank
    The 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
    Global Monitoring Report 2015/2016: Development Goals in an Era of Demographic Change
    (Washington, DC: World Bank, 2016) World Bank; International Monetary Fund
    The Global Monitoring Report 2015/2016, produced by the World Bank Group in partnership with the International Monetary Fund, comes at an inflection point in both the setting of global development goals and the demographic trends affecting those goals. This year marks the end of the Millennium Development Goals (MDGs) and the launching of the Sustainable Development Goals (SDGs), while the World Bank Group has in parallel articulated the twin goals of sustainably ending extreme poverty and sharing prosperity. This report presents the latest global poverty numbers, based on the 2011 purchasing power parity (PPP) data, and examines the pace of development progress through the lens of the evolving global development goals. The special theme of this year’s report examines the complex interaction between demographic change and development. With the number of children approaching a global ceiling of two billion, the world’s population is growing slower. It is also aging faster, with the share of people of working age starting a decline in 2013. But the direction and pace of these trends vary starkly across countries, with sizeable demographic disparities between centers of global poverty (marked by high fertility) and drivers of global growth (marked by rapid aging). These demographic disparities are expected to deeply affect the pursuit of the post-2015 agenda, accentuating existing challenges and creating new opportunities.