03. Journals

1,616 items available

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http://hdl.handle.net/10986/2210

These are journal articles published in World Bank journals as well as externally by World Bank authors.

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Now showing 1 - 10 of 12

To Mitigate or to Adapt : Is that the Question? Observations on an Appropriate Response to the Climate Change Challenge to Development Strategies

(World Bank, 2010-08-02) Shalizi, Zmarak ; Lecocq, Franck

Climate change is a new and important challenge to development strategies. In light of the current literature a framework for assessing responses to this challenge is provided. The presence of climate change makes it necessary to at least review development strategies—even in apparently nonclimate-sensitive and nonpolluting sectors. There is a need for an integrated portfolio of actions ranging from avoiding emissions (mitigation) to coping with impacts (adaptation) and to consciously accepting residual damages. Proactive (ex ante) adaptation is critical, but subject to risks of regrets when the magnitude or location of damages is uncertain. Uncertainty on location favors nonsite-specific actions, or reactive (ex post) adaptation. However, some irreversible losses cannot be compensated for. Thus, mitigation might be in many cases the cheapest long-term solution to climate change problems and the most important to avoid thresholds that may trigger truly catastrophic consequences. To limit the risks that budget constraints prevent developing countries from financing reactive adaptation—especially since climate shocks might erode the fiscal base—“rainy-day funds” may have to be developed within countries and at the global level for transfer purposes. Finally, more research is required on the impacts of climate change, on modeling the interrelations between mitigation and adaptation, and on operationalizing the framework.
Social Entrepreneurship as a Bottom-Up Model of Socio-Economic Development

( 2010-07) Koch, James L.

In most parts of the world, if conventional hierarchic organizations and risk-averse bureaucracies fail, they lose their reputation.
On Analyzing the World Distribution of Income

(World Bank, 2010-02-15) Atkinson, Anthony B. ; Brandolini, Andrea

Consideration of world inequality should cause reexamination of the key concepts underlying the welfare approach to measuring income inequality and its relation to measuring poverty. This reexamination leads to exploration of a new measure that allows poverty and inequality to be considered in the same framework, incorporates different approaches to measuring inequality, and allows varied expressions of the cost of inequality. Applied to the world distribution of income for 1820–1992, the new measure provides different perspectives on the evolution of global inequality.
Policy Reforms Affecting Agricultural Incentives

(World Bank, 2010-02-01) Anderson, Kym

For decades, earnings from farming in many developing countries have been depressed by a pro-urban bias in own-country policies, as well as by governments of richer countries favoring their farmers with import barriers and subsidies. Both sets of policies reduce national and global economic welfare and inhibit agricultural trade and economic growth. They almost certainly add to inequality and poverty in developing countries, since three-quarters of the world's billion poorest people depend on farming for their livelihood. During the past two decades, however, numerous developing country governments have reduced their sectoral and trade policy distortions, while some high-income countries also have begun reducing market-distorting aspects of their farm policies. The author surveys the changing extent of policy distortions to prices faced by developing-country farmers over the past half century, and provides a summary of new empirical estimates from a global economy-wide model that yield estimates of how much could be gained by removing the interventions remaining as of 2004. The author concludes by pointing to the scope and prospects for further pro-poor policy reform in both developing and high-income countries.
After the Crisis

(World Bank, 2009-12-01) Zoellick, Robert B.

In 2009, we are living through an upheaval that is changing our world. What will be the implications for the future?
Agriculture’s Special Powers in Reducing Poverty

(World Bank, 2008-10-01) Savanti, Paula ; Sadoulet, Elisabeth ; Neal, Christopher ; Lawton, Anna

Agriculture can reduce poverty directly, but the contribution of agriculture to poverty reduction differs according to country types.
Can Biological Factors Like Hepatitis B Explain the Bulk of Gender Imbalance in China? A Review of the Evidence

(World Bank, 2008-09-01) Gupta, Monica Das

A recent study challenges the assumption that the large deficit of girls in East and South Asia reflects the preference for sons, suggesting that much of the deficit—as much as 75 percent in China—is attributable to hepatitis B (HBV). The claim is inconsistent with the results of a study based on a large medical data set from Taiwan (China), which indicates that HBV infection raises a woman's probability of having a son by only 0.25 percent. In addition, demographic data from China show that the only group of women who have elevated probabilities of bearing sons are those who have already borne daughters. This pattern makes it difficult to see how any biological factor can explain a large part of the imbalance in China's sex ratios at birth, unless it can be shown that it somehow selectively affects those who have borne girls or causes them to first bear girls and then boys. The Taiwanese example suggests that this is not the case with HBV, the impact of which is unaffected by the sex composition of previous births. The data thus support the cultural rather than the biological explanation for gender imbalance.
Industrial Location in Developing Countries

(World Bank, 2008-09-01) Deichmann, Uwe ; Lall, Somik V. ; Redding, Stephen J. ; Venables, Anthony J.

Despite a diminishing role in industrial countries, the manufacturing sector continues to be an engine of economic growth in most developing countries. This article surveys the evidence on the determinants of industry location in developing countries. It also employs micro data for India and Indonesia to illustrate recent spatial dynamics of manufacturing relocation within urban agglomerations. Both theory and empirical evidence suggest that agglomeration benefits, market access, and infrastructure endowments in large cities outweigh the costs of congestion, higher wages, and land prices. Despite this evidence, many countries have tried to encourage industrial firms to locate in secondary cities or other lagging areas. Cross-country evidence suggests that fiscal incentives to do so rarely succeed. They appear to influence business location decisions among comparable locations, but the result may be a negative-sum game between regions and inefficiently low tax rates, which prevent public goods from being funded at sufficiently high levels. Relocation tends to be within and between agglomerations rather than from large cities to smaller cities or lagging regions. Rather than provide subsidies and tax breaks, policymakers should focus on streamlining laws and regulations to make the business environment more attractive.
Protecting the Vulnerable

(World Bank, 2007-01-30) Devarajan, Shantayanan ; Jack, William

In a risky world should governments provide public goods that reduce risk or compensate the victims of bad outcomes through social insurance? This article examines a basic question in designing social protection policies: how should a government allocate a fixed budget between these two activities? In the presence of income and risk heterogeneities a simple public insurance scheme that pays a fixed benefit to all households that suffer a negative shock is an effective redistributional instrument of public policy. This is true even when a well functioning private insurance market exists, and so the role of public insurance is not to correct a market failure. In fact, the existence of a private insurance market means that the public system has desirable targeting properties—all but the poor and high-risk take up private insurance. The provision of public goods that reduce risk for all should therefore be complemented with public insurance that (automatically) benefits those who are especially vulnerable.
Success and Failure of Reform: Isights from the Transition of Agriculture

(American Economic Association, 2004-06) Rozelle, Scott ; Swinnen, Johan F.M.

The paper analyzes the linkages between the reform strategies in transition countries and economic performance. We focus on agriculture because of the sharpness of the policy changes, fundamental differences among countries, and relative simplicity of agricultural relationships. We document post reform performance in the transition countries of Asia and Europe. We show how: a.) pricing reform and subsidy reductions; b.) land rights reform and policies that affect farm restructuring; and c.) the presence institutions that facilitate exchange (either markets or market substitutes) affect output and productivity. The paper ends with general lessons on reforms and transition.