03. Journals
2,963 items available
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These are journal articles published in World Bank journals as well as externally by World Bank authors.
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Publication
Supporting Pathways to Prosperity in Forest Landscapes – A PRIME Framework
(Elsevier, 2019-08-07)We develop a framework to conceptualize the multiple ways forests contribute to poverty reduction and inform development interventions in forest landscapes. We identify five key strategies for reducing poverty in forest landscapes: a) improvements in productivity (P) of forest land and labor; b) governance reform to strengthen community, household and women’s rights (R) over forests and land; c) investments (I) in institutions, infrastructure and public services that facilitate forest-based entrepreneurship; d) increased access to markets (M) for timber or non-timber forest products; and e) mechanisms that enhance and enable the flow of benefits from forest ecosystem services (E) to the poor. We test the utility of the framework through a review of the forestry portfolio of the World Bank Group, the largest public investor in forestry. Many of these projects include several, but not all, PRIME components. We devote particular attention to forest-related investments in two contrasting countries, Vietnam and Mexico, to examine synergies among the pathways. Results suggest that each strategy in the PRIME framework may play an important role in alleviating poverty, but pronounced impacts may require multiple pathways to be jointly pursued. The PRIME framework can guide research to address knowledge gaps on pathways to prosperity in forest landscapes, serve as an easily remembered checklist for managers, and nudge forest program designers in government and development organizations, who are interested in poverty reduction, to focus on the importance of both a comprehensive framework and synergies across different pathways. -
Publication
The Role of Bank and Corporate Balance Sheets on Early Warning Systems of Currency Crises—An Empirical Study
(Taylor and Francis, 2016-06-30)This study analyzes the role of bank and corporate balance sheets on early warning systems (EWS) of currency crises. Using firm-level data on debt structure, leverage, liquidity, and profitability, this study presents estimations of EWS for a panel of emerging markets. Using calibration experiments, we assess the performance of alternative EWS specifications in a comprehensive range of crisis-probability cut-offs. These models supplement EWS based on traditional macroeconomic indicators, improving forecasting performance substantially. The results support the third-generation models of currency crises and can assist policymakers on the design of surveillance strategies tailored for heterogeneous levels of risk tolerance and country specificities. -
Publication
South Meets South : Enriching the Development Menu
( 2010-10)African countries, like Nigeria, with an emerging information technology (IT) industry, are examples of how globalization has opened up vast new opportunities. Information technology and business process outsourcing is a multibillion dollar talent-driven industry with a market that is still untapped. Africa is keen on exploring this new frontier which has the potential to create thousands of quality jobs for its young people. But to do so, it must nurture the right skills. Where can these be found? -
Publication
The Bogotá Spirit : South-South Peers and Partners at the Practice-Policy Nexus
( 2010-10)On a warm evening in late March of this year, more than 500 enthusiastic delegates from around the world poured out of the Chamber of Commerce building in Bogot�, with a shared vision that South-South cooperation would reshape today�s development cooperation landscape. Despite the Colombian capital�s dizzying altitude of 2,800 meters, their zeal for effective South-South knowledge exchange and mutual learning left the participants of the Bogot� High Level Event on South-South cooperation and Capacity Development clear headed and with a long list of ideas, projects and plans, for their countries and regions, and for their multilateral, parliamentary, civil society, and research organizations.