Publication:
Country Partnership Framework for the Republic of Fiji FY2021-FY2024

Loading...
Thumbnail Image
Files in English
English PDF (43.96 MB)
1,551 downloads
Date
2020-12-17
ISSN
Published
2020-12-17
Editor(s)
Abstract
Link to Data Set
Citation
World Bank Group. 2020. Country Partnership Framework for the Republic of Fiji FY2021-FY2024. © World Bank. http://hdl.handle.net/10986/35099 License: CC BY 3.0 IGO.
Associated URLs
Associated content
Report Series
Other publications in this report series
Journal
Journal Volume
Journal Issue

Related items

Showing items related by metadata.

  • Publication
    Country Partnership Framework for the Republic of North Macedonia for the Period of January 2019-June 2023
    (World Bank, Washington, DC, 2019-03-21) World Bank; International Finance Corporation; Multilateral Investment Guarantee Agency
    This Country Partnership Framework (CPF) sets out the World Bank Group’s approach to supporting the reform agenda in North Macedonia over January 2019–June 2023. The CPF builds on the results and lessons of the previous World Bank Group Country Partnership Strategy (CPS) that originally covered the period from July 2014 to June 2018 and was subsequently extended by six months to December 2018. The new CPF seeks to address the priorities identified by the recently completed Systematic Country Diagnostic (SCD) for North Macedonia. The strategic objective of the CPF is to support North Macedonia’s ability to achieve faster, inclusive, and sustainable growth and provide its citizens with greater opportunities for a better life. The CPF aims to support the Government’s program and medium-term strategy, which present a vision of accelerated economic growth with better employment opportunities, social cohesion and inclusion, and a plan to tackle the persistent bottlenecks. The Government strategy is consistent with the SCD’s vision of a better-connected, vibrant domestic economy engaged in the region and beyond as it secures its footing in areas of strong comparative advantage.
  • Publication
    Country Partnership Framework for the Kingdom of Bhutan for the Period FY2021-24
    (World Bank, Washington, DC, 2020-12-18) World Bank Group
    The country’s unique philosophy is expressed by Bhutan’s Gross National Happiness (GNH) as the guiding principle of development. Bhutan is at a crossroads: It can maintain the current pattern of development—with rising inequality—or develop a vibrant private sector to generate jobs and diversify the economy, building resilience to future external shocks. The overarching priority of this Country Partnership Framework (CPF) is job creation. This CPF presents an integrated framework of WBG support to help Bhutan achieve inclusive and sustainable development through private sector–led job creation.
  • Publication
    Country Partnership Framework for the Kingdom of Morocco for the Period of FY19-FY24
    (World Bank, Washington, DC, 2019-01-18) World Bank Group
    This Country Partnership Framework (CPF) for Morocco for the period FY2019-24 has the overarching goal of contributing to social cohesion by improving the conditions for growth and job creation and reducing social and territorial disparities. Prepared collaboratively by IBRD, IFC and MIGA, the CPF translates the recommendations of the SCD and the Country Private Sector Diagnostic (CPSD) into an integrated World Bank Group (WBG) engagement. The CPF is aligned with the objectives of the Government’s Program and Medium-Term Strategy 2017-21. It is also consistent with the third phase (2019-23) of the Government’s National Initiative for Human Development (INDH), which focuses on strengthening human capital through improved education, healthcare and social protection, and on enhancing youth economic inclusion. Opportunities for youth are at the center of the CPF.The CPF responds to Morocco’s ambition to successfully navigate this crucial point in its history. To achieve its objective of contributing to social cohesion and reducing social and territorial disparities, this CPF pursues three strategic focus areas: (A) Promoting Job Creation by the Private Sector; (B) Strengthening Human Capital; and (C) Promoting Inclusive and Resilient Territorial Development. Governance and Citizen Engagement are the foundational principles of the CPF, and Gender and Digital Technology are cross-cutting themes.Strong country ownership and demand are important determinants of the specific activities included in the CPF program. The first three years of the program have been defined jointly with the Government. The program supports the shift to a new development model, based on a scenario of deep and sustained structural reforms to increase productivity gains with special attention to innovation, market contestability and unleashing private sector potential.Under this scenario, Morocco would be able to maintain a relatively high rate of economic growth and economic convergence with more developed countries while preserving macroeconomic stability. The other two possible scenarios: voluntary growth-oriented policies without productivity-enhancing reforms or the pursuit of current macroeconomic and structural policies would respectively lead to large macroeconomic imbalances or a disappointing growth performance.
  • Publication
    Country Partnership Framework for the Central African Republic for the Period FY21-FY25
    (World Bank, Washington, DC, 2020-08-04) World Bank Group
    The WBG proposes a five-year strategy for CAR focused on a resilient and inclusive COVID-19 recovery amid an historic turn-around opportunity. The proposed program has been calibrated to fully address CAR’s fragility drivers. With women’s empowerment and digital development as cross-cutting priorities, the CPF is structured along two focus areas: Focus Area 1 - Human Capital and Connectivity to Boost Stabilization, Inclusion and Resilience, with direct support to the peace process; immediate social and health responses to COVID-19; sectoral engagements in health, education, energy, water and transport; and specific investments in the empowerment of women and girls. Focus Area 2 - Economic Management and Improved Governance to Build State Legitimacy and Foster Growth, with a strong program of reforms and targeted investments to strengthen public financial management (PFM) and debt management and transparency; support decentralization, increase domestic resource mobilization (DRM), and digitize the administration; and support the private sector.
  • Publication
    Country Partnership Framework for Romania for the Period FY19-23
    (World Bank, Washington, DC, 2018-05) World Bank Group
    Romania has achieved impressive successes, yet it continues to face formidable challenges. This growing divide is, in effect, producing two very different Romanias. Significant risks of climate and natural disaster events threaten the country’s economic resilience, and require urgent policy reform and infrastructure investment. The recently completed Systematic Country Diagnostic (SCD) identifies the most critical constraints to sustainable economic growth and shared prosperity. This has limited the Government’s ability to implement important public policies to boost the economy’s growth potential, build key economic infrastructure, create equal opportunities and jobs for all citizens, and improve resilience to natural disasters. Shortcomings in public service delivery, especially to the poor, are often caused by large under performing State-Owned Enterprises (SOEs), but also by inefficient policies and low administrative capacity. The World Bank Group (WBG) is uniquely positioned to support Romania by helping to strengthen its institutions and accelerate the country’s convergence with more advanced EU states. Strengthening institutions for improved service delivery and creating or deepening markets for the private sector are areas where the WBG has comparative advantage, playing a selective, catalytic and innovative role. Future WBG activities would have to show that they build essential institutional capacity and/or bring clear IFC additionality. WBG financing would be assessed using the following three additional filters: (i) developing innovative solutions that benefit the most poor and vulnerable, including Roma; (ii) maximizing finance for development, including catalyzing private sector investment or leveraging additional resources (e.g., better absorption of EU funds); and/or (iii) contributing to regional and global public goods. In other words, WBG will support investment, advisory or knowledge operations in Romania that help build institutions and markets for sustainable and broad-base growth, and share global knowledge. The FY19-23 CPF proposes a selective program that addresses the main constraints identified in the SCD. The planned WBG program will focus on all priority areas identified in the SCD, with the first, building institutions, serving as the prerequisite for advancing on the other three: (i) ensure equal opportunities for all; (ii) catalyze private sector growth and competitiveness; and (iii) build resilience to shocks. The proposed CPF is more focused than previous ones, drawing on the lessons learned to fit the specific policy environment of Romania. First, set modest objectives: past projects targeting complex and ambitious reforms did not adequately factor in issues related to political and legislative volatility and weak capacity. Second, leverage all instruments : successes were achieved using a mix of instruments—lending and advisory—for impact. Third, support the implementation of strategies for real institutional change: a greater emphasis on hands-on implementation support embedded in investment operations is an effective complement to ongoing capacity building efforts through a broad RAS program.

Users also downloaded

Showing related downloaded files

  • Publication
    Global Economic Prospects, January 2025
    (Washington, DC: World Bank, 2025-01-16) World Bank
    Global growth is expected to hold steady at 2.7 percent in 2025-26. However, the global economy appears to be settling at a low growth rate that will be insufficient to foster sustained economic development—with the possibility of further headwinds from heightened policy uncertainty and adverse trade policy shifts, geopolitical tensions, persistent inflation, and climate-related natural disasters. Against this backdrop, emerging market and developing economies are set to enter the second quarter of the twenty-first century with per capita incomes on a trajectory that implies substantially slower catch-up toward advanced-economy living standards than they previously experienced. Without course corrections, most low-income countries are unlikely to graduate to middle-income status by the middle of the century. Policy action at both global and national levels is needed to foster a more favorable external environment, enhance macroeconomic stability, reduce structural constraints, address the effects of climate change, and thus accelerate long-term growth and development.
  • Publication
    World Development Report 2024
    (Washington, DC: World Bank, 2024-08-01) World Bank
    Middle-income countries are in a race against time. Many of them have done well since the 1990s to escape low-income levels and eradicate extreme poverty, leading to the perception that the last three decades have been great for development. But the ambition of the more than 100 economies with incomes per capita between US$1,100 and US$14,000 is to reach high-income status within the next generation. When assessed against this goal, their record is discouraging. Since the 1970s, income per capita in the median middle-income country has stagnated at less than a tenth of the US level. With aging populations, growing protectionism, and escalating pressures to speed up the energy transition, today’s middle-income economies face ever more daunting odds. To become advanced economies despite the growing headwinds, they will have to make miracles. Drawing on the development experience and advances in economic analysis since the 1950s, World Development Report 2024 identifies pathways for developing economies to avoid the “middle-income trap.” It points to the need for not one but two transitions for those at the middle-income level: the first from investment to infusion and the second from infusion to innovation. Governments in lower-middle-income countries must drop the habit of repeating the same investment-driven strategies and work instead to infuse modern technologies and successful business processes from around the world into their economies. This requires reshaping large swaths of those economies into globally competitive suppliers of goods and services. Upper-middle-income countries that have mastered infusion can accelerate the shift to innovation—not just borrowing ideas from the global frontiers of technology but also beginning to push the frontiers outward. This requires restructuring enterprise, work, and energy use once again, with an even greater emphasis on economic freedom, social mobility, and political contestability. Neither transition is automatic. The handful of economies that made speedy transitions from middle- to high-income status have encouraged enterprise by disciplining powerful incumbents, developed talent by rewarding merit, and capitalized on crises to alter policies and institutions that no longer suit the purposes they were once designed to serve. Today’s middle-income countries will have to do the same.
  • Publication
    Business Ready 2024
    (Washington, DC: World Bank, 2024-10-03) World Bank
    Business Ready (B-READY) is a new World Bank Group corporate flagship report that evaluates the business and investment climate worldwide. It replaces and improves upon the Doing Business project. B-READY provides a comprehensive data set and description of the factors that strengthen the private sector, not only by advancing the interests of individual firms but also by elevating the interests of workers, consumers, potential new enterprises, and the natural environment. This 2024 report introduces a new analytical framework that benchmarks economies based on three pillars: Regulatory Framework, Public Services, and Operational Efficiency. The analysis centers on 10 topics essential for private sector development that correspond to various stages of the life cycle of a firm. The report also offers insights into three cross-cutting themes that are relevant for modern economies: digital adoption, environmental sustainability, and gender. B-READY draws on a robust data collection process that includes specially tailored expert questionnaires and firm-level surveys. The 2024 report, which covers 50 economies, serves as the first in a series that will expand in geographical coverage and refine its methodology over time, supporting reform advocacy, policy guidance, and further analysis and research.
  • Publication
    World Bank East Asia and Pacific Economic Update, April 2025: A Longer View
    (Washington, DC: World Bank, 2025-04-24) World Bank
    East Asia and Pacific (EAP) outpaced most regions in economic growth in 2024. To sustain this momentum and generate jobs, EAP countries must navigate global uncertainty and tackle long-term challenges tied to shifting global integration, climate change, and demographic trends. In its 2025 Regional Economic Update, the World Bank projects that growth in EAP will slow down to 4.0 percent in 2025, compared to 5.0 percent in 2024. Uncertainty around these projections remains high, and growth outcomes will depend on global developments and national policy choices.
  • Publication
    Global Economic Prospects, June 2025
    (Washington, DC: World Bank, 2025-06-10) World Bank
    The global economy is facing another substantial headwind, emanating largely from an increase in trade tensions and heightened global policy uncertainty. For emerging market and developing economies (EMDEs), the ability to boost job creation and reduce extreme poverty has declined. Key downside risks include a further escalation of trade barriers and continued policy uncertainty. These challenges are exacerbated by subdued foreign direct investment into EMDEs. Global cooperation is needed to restore a more stable international trade environment and scale up support for vulnerable countries grappling with conflict, debt burdens, and climate change. Domestic policy action is also critical to contain inflation risks and strengthen fiscal resilience. To accelerate job creation and long-term growth, structural reforms must focus on raising institutional quality, attracting private investment, and strengthening human capital and labor markets. Countries in fragile and conflict situations face daunting development challenges that will require tailored domestic policy reforms and well-coordinated multilateral support.