02. Books
2,708 items available
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These books are formal publications, mostly published by the World Bank. This collection also includes external publications by allied organizations often with content by WB authors. Many are available in print.
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Publication
Compendium of International and National Legal Frameworks on Child Marriage: Second Edition - June 2022
(Washington, DC, 2023-03-29)The initial idea for this compendium came out in 2016 of a collaboration between the Legal Vice Presidency and the Education Global Practice at the World Bank on the role of law to end child marriage. The discussions took place within the context of a global study being conducted by the World Bank and the International Center for Research on Women on the economic and social costs of child marriage with funding from the Bill and Melinda Gates Foundation and the Children Investment Fund Foundation, as well as additional support from the Global Partnership for Education under a grant for work on out of school children. In 2022, the Empowering Women by Balancing the Law (EWBL) initiative of the Legal Vice Presidency of the World Bank decided to update and upgrade the first edition of the Compendium. The EWBL aims to advance gender equality through substantive legal contributions to promote gender inclusivity in the law. It is rooted in the conviction that gender equality and equity under the law are preconditions for enabling women’s full participation in society and for countries to achieve tangible development outcomes. However, to date, billions of women and girls worldwide face systemic barriers due to outdated and discriminatory laws that hinder their rights and opportunities. This Compendium can participate in the protection of women and girls’ fundamental rights and the promotion of strong, peaceful, and just societies, as well as to the achievement of mission to end poverty and promote shared prosperity. This Compendium is limited to 194 countries (54 countries in Africa; 44 countries in Asia; 14 countries in Oceania; 23 countries in North and Central America; 12 countries in South America; and 47 countries in Europe). -
Publication
Falling Long-Term Growth Prospects: Trends, Expectations, and Policies
(World Bank : Washington, DC, 2023-03-27)A structural growth slowdown is underway across the world: at current trends, the global potential growth rate is expected to fall to a three-decade low over the remainder of the 2020s. Nearly all the forces that have powered growth and prosperity since the early 1990s have weakened, not only because of a series of shocks to the global economy over the past three years. A persistent and broad-based decline in long-term growth prospects imperils the ability of emerging market and developing economies to combat poverty, tackle climate change, and meet other key development objectives. These challenges call for an ambitious policy response at the national and global levels. This book presents the first detailed analysis of the growth slowdown and a rich menu of policy options to deliver better growth outcomes. -
Publication
Social Sustainability in Development: Meeting the Challenges of the 21st Century
(Washington, DC: World Bank, 2023-03-15)All development is about people: the transformative process to equip, link, and enable groups of people to drive change and create something new to benefit society. Development can promote societies where all people can thrive, but the change process can be complex, challenging, and socially contentious. Continued progress toward sustainable development is not guaranteed. The current overlapping crises of COVID-19, climate change, rising levels of conflict, and a global economic slowdown are inflaming long-standing challenges—exacerbating inequality and deep-rooted systemic inequities. Addressing these challenges will require social sustainability in addition to economic and environmental sustainability. Social Sustainability in Development: Meeting the Challenges of the 21st Century seeks to advance the concept of social sustainability and sharpen its analytical foundations. The book emphasizes social sustainability’s four key components: social cohesion, inclusion, resilience, and process legitimacy. It posits that •Social sustainability increases when more people feel part of the development process and believe that they and their descendants will benefit from it. •Communities and societies that are more socially sustainable are more willing and able to work together to overcome challenges, deliver public goods, and allocate scarce resources in ways perceived to be legitimate and fair so that all people may thrive over time. By identifying interventions that work to promote the components of social sustainability and highlighting the evidence of their links to key development outcomes, this book provides a foundation for using social sustainability to help address the many challenges of our time. -
Publication
The Economics of Electric Vehicles for Passenger Transportation (Conference Edition)
(Washington, DC : World Bank, 2023-03-13)"The Economics of Electric Vehicles for Passenger Transportation" provides answers to three critical questions: Why should developing countries pursue e-mobility? When does an accelerated transition to electric vehicles (EVs) make sense for developing countries? How can governments make this transition happen? A key finding from the research is that there is a strong economic case for EVs in many developing countries. This is news because, despite growing momentum and interest in the sector, 90 percent of EV sales are still concentrated in major markets such as China, Europe, and the United States. According to original models developed by the report’s authors, developing countries can look to electric buses as well as to two- and three-wheeled vehicles as entry points to this critical transition. Readers will find many examples of countries already benefiting from e-mobility solutions. For example, Brazil, Chile, and India are leaders in electric bus fleets. Their progress, made possible by innovative financing and procurement practices, is improving mobility in cities, reducing local air pollution, and reducing congestion in fast-growing downtowns. Readers will also see examples from Asian and East African countries, which are embarking on battery-swapping schemes to lower upfront costs of ownership for two- and three-wheeled vehicles. Based on the unique modeling, analysis, and benchmarking of results across 20 developing countries—complemented by a compilation of actual organic and diverse experiences of developing countries with electric mobility adoption—this report provides policy guidance on how governments can accelerate EV adoption, and when and where it makes economic sense to adopt electric mobility more quickly. This report is a critical read for anyone interested in the future of transport and its links with development progress. -
Publication
Digital Africa: Technological Transformation for Jobs
(Washington, DC: World Bank, 2023-03-13)All African countries need better and more jobs for their growing populations. "Digital Africa: Technological Transformation for Jobs" shows that broader use of productivity-enhancing, digital technologies by enterprises and households is imperative to generate such jobs, including for lower-skilled people. At the same time, it can support not only countries’ short-term objective of postpandemic economic recovery but also their vision of economic transformation with more inclusive growth. These outcomes are not automatic, however. Mobile internet availability has increased throughout the continent in recent years, but Africa’s uptake gap is the highest in the world. Areas with at least 3G mobile internet service now cover 84 percent of Africa’s population, but only 22 percent uses such services. And the average African business lags in the use of smartphones and computers as well as more sophisticated digital technologies that catalyze further productivity gains. Two issues explain the usage gap: affordability of these new technologies and willingness to use them. For the 40 percent of Africans below the extreme poverty line, mobile data plans alone would cost one-third of their incomes—in addition to the price of access devices, apps, and electricity. Data plans for small- and medium-size businesses are also more expensive than in other regions. Moreover, shortcomings in the quality of internet services—and in the supply of attractive, skills-appropriate apps that promote entrepreneurship and raise earnings—dampen people’s willingness to use them. For those countries already using these technologies, the development payoffs are significant. New empirical studies for this report add to the rapidly growing evidence that mobile internet availability directly raises enterprise productivity, increases jobs, and reduces poverty throughout Africa. To realize these and other benefits more widely, Africa’s countries must implement complementary and mutually reinforcing policies to strengthen both consumers’ ability to pay and willingness to use digital technologies. These interventions must prioritize productive use to generate large numbers of inclusive jobs in a region poised to benefit from a massive, youthful workforce—one projected to become the world’s largest by the end of this century. -
Publication
Fintech and the Future of Finance: Market and Policy Implications
(Washington, DC: World Bank, 2023-03-10)Fintech—the application of digital technology to financial services—is reshaping the future of finance. Digital technologies are revolutionizing payments, lending, investment, insurance, and other financial products and services—and the COVID-19 pandemic has accelerated this process. Digitalization of financial services and money is helping to bridge gaps in access to financial services for households and firms and is promoting economic development. Improved access to basic financial services translates into better firm productivity and growth for micro and small businesses, as well as higher incomes and resilience to improve the lives of the poor. Technology can lower transaction costs by overcoming geographical access barriers; increasing the speed, security, and transparency of transactions; and allowing for more tailored financial services that better serve consumers, including the poor. Women can especially benefit. Yet too many people and firms still lack access to essential financial services that could help them thrive. It is time for policy makers to embrace fintech opportunities and implement policies that enable and encourage safe financial innovation and adoption. Fintech and the Future of Finance: Market and Policy Implications explores the implications of fintech and the digital transformation of financial services for market outcomes, on the one hand, and regulation and supervision, on the other hand—and how these interact. The report, which provides a high-level perspective for senior policy makers, is accompanied by notes that focus on salient issues for a more technical audience. As the financial sector continues to transform itself, policy trade-offs will evolve, and regulators will need to ensure that market outcomes remain aligned with core policy objectives. Several policy implications emerge. 1. Manage risks, while fostering beneficial innovation and competition. 2. Broaden monitoring horizons and reassess regulatory perimeters. 3. Review regulatory, supervisory, and oversight frameworks. 4. Be mindful of evolving policy trade-offs as fintech adoption deepens. 5. Monitor market structure and conduct to maintain competition. 6. Modernize and open financial infrastructures. 7. Ensure public money remains fit for the digital world. 8. Pursue strong cross-border coordination and sharing of information and best practices. -
Publication
Women, Business and the Law 2023
(Washington, DC: World Bank, 2023-03-02)“Women, Business and the Law 2023” is the ninth in a series of annual studies measuring the laws and regulations that affect women’s economic opportunity in 190 economies. The project presents eight indicators structured around women’s interactions with the law as they move through their lives and careers: Mobility, Workplace, Pay, Marriage, Parenthood, Entrepreneurship, Assets, and Pension. The 2023 edition identifies barriers to women’s economic participation and encourages reform of discriminatory laws. This year, the study also includes research, a literature review, and analysis of 53 years of reforms for women’s rights. Examining the economic decisions that women make throughout their working lives as well as tracking regulatory changes from 1970 to today, the study makes an important contribution to research and policy discussions about the state of women’s economic opportunities. By presenting powerful examples of change and highlighting the gaps still remaining, “Women, Business and the Law 2023” is a vital tool in ensuring economic empowerment for all. Data in “Women, Business and the Law 2023” are current as of October 1, 2022. -
Publication
Global Economic Prospects, January 2023
(Washington, DC: World Bank, 2023-01-10)Global growth is projected to decelerate sharply, reflecting synchronous policy tightening aimed at containing very high inflation, worsening financial conditions, and continued disruptions from Russia’s invasion of Ukraine. Investment growth in emerging market and developing economies (EMDEs) is expected to remain below its average rate of the past two decades. Further adverse shocks could push the global economy into recession. Small states are especially vulnerable to such shocks because of the reliance on external trade and financing, limited economic diversification, elevated debt, and susceptibility to natural disasters. Against this backdrop, it is critical that EMDE policy makers ensure that any fiscal support is focused on vulnerable groups, that inflation expectations remain well anchored, and that financial systems continue to be resilient. Urgent global and national efforts are also needed to mitigate the risks of global recession and debt distress in EMDEs, and to support a major increase in EMDE investment. -
Publication
Rising from the Depths: Water Security and Fragility in South Sudan
(Washington, DC : World Bank, 2023)In 2022, South Sudan was ranked as the world’s most vulnerable country to climate change and the one most lacking in coping capacity. South Sudan is also one of the world’s most politically fragile countries. Rising from the Depths explores opportunities and trade-offs for aligning South Sudan’s water-related investments and policies with its commitment to peace and its climate change adaptation needs. This report elevates water security as an issue critical for national development and stability—not just as a humanitarian need. With a focus on water security for people, production, and protection, the report shows that water insecurity is an existential threat to South Sudan. One in two South Sudanese live in areas exposed to moderate flood hazard; the country ranks seventh in the world for share of population exposed to river floods. Lack of access to safe drinking water supply and sanitation is also a core concern: more than 60 percent of the population use unimproved sources and 75 percent practice open defecation. Women and girls tend to be disproportionately impacted by these water-related threats. The report illustrates the negative implications of these challenges on health and nutrition, forced displacement, gender, and conflict. Yet, the challenges of water in South Sudan are also an opportunity. Rising from the Depths shows that South Sudan can harness the ubiquity of water as a tool to advance national development and stability. Priorities include strengthening nascent policy and institutional frameworks to guide water sector investments and ensure their sustainability, using a portfolio of infrastructure options to manage water resources, and addressing the country’s water supply and sanitation crisis. The identification, design, and implementation of investments should be guided by comprehensive feasibility assessments that include the investments' impact on the country’s rich biodiversity and social and conflict dynamics. Although infrastructure will be needed, it will not be enough. Water security in South Sudan will be achieved not solely by trying to control water and divert its flow but also by focusing on increasing community preparedness; delineating areas for water; and making productive use of water for household consumption, livelihoods, and development. -
Publication
Land Matters: Can Better Governance and Management of Scarcity Prevent a Looming Crisis in the Middle East and North Africa?
(Washington, DC: World Bank, 2023)Across the Middle East and North Africa (MENA) region, land is a scarce and valuable resource. The projected increase in land demand due to demographic trends, coupled with decreasing land supply due to climatic and governance factors, indicate a looming crisis happening at a time when the region is also facing dramatic social and political transformation. Reserves for land cultivation are almost exhausted, while total built-up area will need to expand to accommodate high demographic growth. Yet, land remains inefficiently, inequitably, and unsustainably used. There are strong barriers to land access for both firms and individuals. Firms resort to political connections to access land, resulting in land misallocation. Women are 2 to 3 times more likely to fear losing their property in the case of spousal death or divorce, and their rights are not sufficiently supported by institutions and gender-imbalanced social norms. Refugees also face difficulties in accessing land; conflict in the region is causing the displacement of millions of people who lack necessary housing, land, and property rights. This report identifies and analyzes the economic, environmental, and social challenges associated with land in MENA countries, shedding light on policy options to address them. It focuses on two main constraints—scarcity of land and weak land governance—and how they affect land use and access, the resulting inefficiencies and inequities, and associated economic and social costs. It highlights the need for MENA countries to think about land more holistically and to reassess the strategic trade-offs involving land, while minimizing land distortions and serving economic development. It is also an attempt to fill major data gaps and promote a culture of open data, transparency, and inclusive dialogue on land. These efforts are important steps that will contribute to renewing the social contract, accompany economic and digital transformation, and facilitate recovery and reconstruction in the region.