03. Journals

2,963 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 22

Privatization in Developing Countries: What Are the Lessons of Recent Experience?

(Published by Oxford University Press on behalf of the World Bank, 2018-02-01) Estrin, Saul ; Pelletier, Adeline

This paper reviews the recent empirical evidence on privatization in developing countries, with particular emphasis on new areas of research such as the distributional impacts of privatization. Overall, the literature now reflects a more cautious and nuanced evaluation of privatization. Thus, private ownership alone is no longer argued to automatically generate economic gains in developing economies; pre-conditions (especially the regulatory infrastructure) and an appropriate process of privatization are important for attaining a positive impact. These comprise a list which is often challenging in developing countries: well-designed and sequenced reforms; the implementation of complementary policies; the creation of regulatory capacity; attention to poverty and social impacts; and strong public communication. Even so, the studies do identify the scope for efficiency-enhancing privatization that also promotes equity in developing countries.
Remittances and Vulnerability in Developing Countries

(Published by Oxford University Press on behalf of the World Bank, 2017-02) Bettin, Giulia ; Presbitero, Andrea F. ; Spatafora, Nikola L.

This paper examines how international remittances are affected by structural characteristics, macroeconomic conditions, and adverse shocks in recipient economies. We exploit a novel, rich panel data set, covering bilateral remittances from 103 Italian provinces to seventy-nine developing countries over the period 2005–2011. We find that remittances are negatively correlated with the business cycle in recipient countries and in particular increase in response to adverse exogenous shocks, such as large terms-of-trade declines. This effect is stronger where the migrant communities have a larger share of newly arrived migrants. Finally, we show that recipient-country financial development is negatively associated with remittances, suggesting that remittances help alleviate credit constraints.
Contracting for the Second Best in Dysfunctional Electricity Markets

(Springer, 2016-12-23) Nikandrova, Arina ; Steinbuks, Jevgenijs

Power pools constitute a set of sometimes complex institutional arrangements for efficiency-enhancing coordination among power systems. In many developing countries, where such institutional arrangements can’t be established over the short term, there still can be scope for voluntary electricity-sharing agreements among power systems. Using a particular type of efficient risk-sharing model with no commitment we demonstrate that second-best coordination improvements can be achieved with low to moderate risks of participants leaving the agreement. In the absence of an impartial market operator who can observe production fluctuations in connected power systems, establishing quasi-markets for trading excess electricity helps to achieve some cooperation in mutually beneficial electricity sharing.
Decentralization of Health and Education in Developing Countries: A Quality-Adjusted Review of the Empirical Literature

(Published by Oxford University Press on behalf of the World Bank, 2016-08) Channa, Anila ; Faguet, Jean-Paul

We review empirical evidence on the ability of decentralization to enhance preference matching and technical efficiency in the provision of health and education in developing countries. Many influential surveys have found that the empirical evidence of decentralization's effects on service delivery is weak, incomplete, and often contradictory. Our own unweighted reading of the literature concurs. However, when we organize quantitative evidence first by substantive theme, and then—crucially—by empirical quality and the credibility of its identification strategy, clear patterns emerge. Higher-quality evidence indicates that decentralization increases technical efficiency across a variety of public services, from student test scores to infant mortality rates. Decentralization also improves preference matching in education, and can do so in health under certain conditions, although there is less evidence for both. We discuss individual studies in some detail. Weighting by quality is especially important when quantitative evidence informs policy-making. Firmer conclusions will require an increased focus on research design, and a deeper examination into the prerequisites and mechanisms of successful reforms.
New Media : Challenging the Establishment

( 2011-09) Sigal, Ivan

Individual citizens can effect social change through mediated action. There has been a paradigmatic shift in how social networks coalesce online for collective action. The Internet, and especially the creation of open and accessible social media networks, has facilitated and significantly accelerated the generation and mass awareness of social categories, such as people with grievances about government corruption. It has also provided the means to create and share an abundance of content—images, videos, and stories— that feed the narratives around which networks for action coalesce.
Producing Home Grown Solutions : Think Tanks and Knowledge Networks in International Development

( 2011-09) Datta, Ajoy ; Young, John

Mainstream international development discourse has long heralded the importance of home grown solutions and national ownership of development policies. Ownership has been seen as the missing link between the significant development aid inflows from the North and poverty reduction outcomes in the South. You only have to look to international agreements such the 2002 Monterrey Consensus or the2005 Paris Declaration for evidence of this.
Demystifying Success : The New Structural Economics Approach

( 2011-04) Lin, Justin Yifu

It took a Scottish moral philosopher with no training in economics to set the course of modern economics and challenge researchers to answer what is arguably the most fundamental question in public policy, namely: what is the recipe for growth, job creation, and poverty reduction?
South Meets South : Enriching the Development Menu

( 2010-10) Maruri, Enrique ; Fraeters, Han

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?
The Bogotá Spirit : South-South Peers and Partners at the Practice-Policy Nexus

( 2010-10) Schulz, Nils-Sjard

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.
Asia's Deepening Regionalism Brings Shared Prosperity

( 2010-10) Nag, Rajat M.

Asia's coming of age has been the development story of the past 40 years. The reasons for this are varied. But some of the more significant factors have been knowledge exchange, technology transfer, and increased economic integration and cooperation between governments of developing economies. Asia�s success is in part the result of increased dialogue between regional partners, formalized through institutions such as the Association of Southeast Asian Nations (ASEAN), which expanded fromits original five-member core in 1967 to encompass all Southeast Asia by mid-1999 and aims to establish an ASEAN Economic Community by 2015.