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Liberia CLR Review FY13-17

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Liberia is a low-income country with a GNI per capita (Atlas method) of 380 US dollars in 2017. After a period of conflict and instability, Liberia's Gross Domestic Product (GDP) grew at an average annual rate of 6.2 percent during 2003-2013. The ebola virus disease (EVD) crisis of 2014-2016 and a drop in global commodity prices resulted in slower average annual GDP growth of 2.1 percent with per Show MoreLiberia is a low-income country with a GNI per capita (Atlas method) of 380 US dollars in 2017. After a period of conflict and instability, Liberia's Gross Domestic Product (GDP) grew at an average annual rate of 6.2 percent during 2003-2013. The ebola virus disease (EVD) crisis of 2014-2016 and a drop in global commodity prices resulted in slower average annual GDP growth of 2.1 percent with per capita annual GDP growth at -0.4 percent during 2013-2017. As a post conflict country aiming to achieve sustained broad-based growth, Liberia faces several development challenges: large infrastructure gaps, poor education and health indicators, a large youth cohort, lack of economic diversification, and weak public institutions. The World Bank Group's country partnership strategy had three pillars: (i) economic transformation; (ii) human development; and (iii) governance and public sector institutions. In addition, the CPS had two cross-cutting themes of capacity development and gender equality. The CPS focus areas and objectives were well aligned with the government's agenda for transformation with a strong focus on infrastructure. The CLR provided a succinct assessment of the achievement of program objectives. It identified the increases in IDA lending attributable to the EVD outbreak. The CLR review agrees with the CLR lessons: (i) ensure government's strong commitment to the CPF program through close alignment with the country's development plans; (ii) adapt and apply a sound post-conflict and fragile country lens in the design of CPF programs for post conflict countries; (iii) keep an eye on medium-term goals even in the face of a crisis such as EVD; (iv) being selective about cross-cutting themes and including outcomes associated with these themes helps maintain the Government's and Country Team's focus on them throughout implementation. IEG provides the following additional lessons: (i) flexibility of the CPS program enabled the WBG to respond to the EVD crisis in a timely manner; and (ii) trust fund activities need to have a well-articulated strategic focus and explicit selectivity filters to ensure that they contribute to the achievement of CPS objectives.

Inclusive Growth: A Synthesis of Findings from Recent IEG Evaluations

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Inclusive Growth: A Synthesis of Findings from Recent IEG Evaluations
This report extracts findings and distills lessons from all relevant IEG evaluations completed between FY10 and FY18 to shed light on the nature and results of the Bank Group’s support in key areas of inclusive growth. This report extracts findings and distills lessons from all relevant IEG evaluations completed between FY10 and FY18 to shed light on the nature and results of the Bank Group’s support in key areas of inclusive growth.

What does evaluation tell us about how to harness disruptive technologies for development?

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How to Harness Disruptive Technologies for Development
IEG has mined past evaluations for insights as to how the World Bank Group can ensure that disruptive technologies are harnessed in an inclusive way.IEG has mined past evaluations for insights as to how the World Bank Group can ensure that disruptive technologies are harnessed in an inclusive way.

Can Ethiopia Create 2 Million Jobs Every Year?

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Can Ethiopia Create 2 Million Jobs Every Year
Insights from a recent High-level Forum on job creation in the rural non-farm economy, held in Addis Ababa.Insights from a recent High-level Forum on job creation in the rural non-farm economy, held in Addis Ababa.

Romania CLR Review FY14-18

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This review of the World Bank Group’s Completion and Learning Report (CLR) covers the Country Partnership Strategy (CPS) and the Performance and Learning Review (PLR) dated November 3, 2016. The original CPS period (FY14-17) was at the PLR stage extended by one year to cover FY14-18. The CLR and this review cover this extended period. Romania is an upper middle-income country with a GNI per Show MoreThis review of the World Bank Group’s Completion and Learning Report (CLR) covers the Country Partnership Strategy (CPS) and the Performance and Learning Review (PLR) dated November 3, 2016. The original CPS period (FY14-17) was at the PLR stage extended by one year to cover FY14-18. The CLR and this review cover this extended period. Romania is an upper middle-income country with a GNI per capita of $9,480 in 2016 and a population of 19.7 million. Romania’s per capita GDP had grown rapidly up to 2009, reducing poverty, but the global financial crisis of 2008 triggered a severe recession. The IMF Article IV report (May 2017) notes that Romania strengthened its economy considerably after the global financial crisis. Romania registered an average annual GDP growth of 3.9 percent during the review period (2014-2016). Public debt and fiscal and current account imbalances are moderate compared to many emerging markets, but significant challenges remain and the momentum of progress in policies has waned. Income convergence with the EU has slowed and poverty is among the highest in the EU. Romania has a Human Development Index (HDI) of .802 in 2015, placing the country in the very high human development category and ranking 50 (of 188) in HDI in 2015. Its Gini coefficient is 28.3 in 2016 (from around 35 in 2010) and its poverty headcount ratio based on the national poverty line is 25.4 percent (average 2014-2016).

Burkina Faso CLR Review FY13-16

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Burkina Faso is a low-income country with a GNI per capita of $620 in 2016. During 2013-2016, annual GDP growth averaged 5.0 percent, but annual GDP per capita growth was only 1.9 percent due to high population growth. Economic growth was built on a narrow base, mainly agriculture and mining, and has failed to produce a sufficient number of jobs to absorb the rapidly growing work force, 80 Show MoreBurkina Faso is a low-income country with a GNI per capita of $620 in 2016. During 2013-2016, annual GDP growth averaged 5.0 percent, but annual GDP per capita growth was only 1.9 percent due to high population growth. Economic growth was built on a narrow base, mainly agriculture and mining, and has failed to produce a sufficient number of jobs to absorb the rapidly growing work force, 80 percent of which are in agriculture. While the poverty rate declined from 50 percent to 40 percent between 2003 and 2014, the absolute number of people living in poverty, of which 90 percent live in rural areas, remained roughly the same between the two periods – lack of access by the poor to social services and basic infrastructure has been a major constraint. The level of vulnerability of households is high, with two-thirds suffering from shocks each year, mainly from natural hazards. Burkina Faso ranked 185 out of 188 countries in 2015 in the Human Development Index.

Creating Jobs in the Rural Non-Farm Economy

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Creating Jobs in the Rural Non Farm Economy
Global Stakeholder Forum to explore solutions for creating employment opportunities and improving livelihoods in the rural non-farm economy. Leading experts will share insights from across the globe to foster discussion around rural job creation in Ethiopia. Global Stakeholder Forum to explore solutions for creating employment opportunities and improving livelihoods in the rural non-farm economy. Leading experts will share insights from across the globe to foster discussion around rural job creation in Ethiopia.

Cambodia: Trade Facilitation and Competitiveness (PPAR)

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The FY05 Trade Facilitation and Competitiveness Project (P089196) was a US$10 million IDA grant to Cambodia. The objective of the project was to support the government’s strategy to promote economic growth by helping (i) reduce transaction costs related to trade and investment; (ii) introduce transparency in investment processes; and (iii) facilitate access of enterprises to export markets. The Show MoreThe FY05 Trade Facilitation and Competitiveness Project (P089196) was a US$10 million IDA grant to Cambodia. The objective of the project was to support the government’s strategy to promote economic growth by helping (i) reduce transaction costs related to trade and investment; (ii) introduce transparency in investment processes; and (iii) facilitate access of enterprises to export markets. The purpose of this PPAR is to assess the outcome of the Cambodia Trade Facilitation and Competitiveness project and to provide an input to IEG’s forthcoming macro evaluation on Facilitating Trade. Ratings for the project are: outcome is moderately satisfactory, risk to development outcome is negligible to low, Bank performance is moderately satisfactory, and Borrower performance is moderately satisfactory. Lessons of the project include: (i) Early involvement with government. (ii) Expert assistance. (iii) Implementation readiness. (iv) Trade-off between good governance and timely project implementation.

Poland CLR Review FY14-17

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Poland is a high-income country (HIC) with a GNI per capita of $12,680 in 2016. Poland’s annual economic growth accelerated to 3.3 percent during the CPS period (2014-2016) from 2.9 percent over the previous four years, 2010-13. The consistency of the country’s macro and structural policies has been the key driver behind the economy’s growth and helped its transition to HIC status in less than 15 Show MorePoland is a high-income country (HIC) with a GNI per capita of $12,680 in 2016. Poland’s annual economic growth accelerated to 3.3 percent during the CPS period (2014-2016) from 2.9 percent over the previous four years, 2010-13. The consistency of the country’s macro and structural policies has been the key driver behind the economy’s growth and helped its transition to HIC status in less than 15 years. Poland’s economic growth has been inclusive in the past decade, as evidenced by growing employment and earnings for all income groups, which led to a substantial reduction in poverty and stronger-than-average growth of the bottom 40 percent of the distribution. Between 2005 and 2014, Poland’s Gini coefficient fell from 0.351 to 0.343. The poverty rate measured at $5.00/day 2005 PPP stood at 4.4 percent in 2015. Poland’s strong economic growth is expected to continue in the near term; however, the longer- term prospects could be subdued by demographic and structural challenges – including a rapidly aging population, slowdown in total factor productivity, infrastructure gaps, low domestic private investment and regional disparities -- if left unaddressed.

Maximizing the Impact of Development Policy Financing in IDA Countries: A Stocktaking of Success Factors and Risks - An IEG Meso Evaluation

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Development policy financing (DPF) has evolved from supporting structural adjustment programs in the 1980s and 1990s to supporting the achievement of the Millennium Development Goals (MDGs) in the 2000s. It has been considered by multilateral and bilateral donors as one of the instruments that would best enable the realization of the Paris Declaration on Aid Effectiveness. However, the use of Show MoreDevelopment policy financing (DPF) has evolved from supporting structural adjustment programs in the 1980s and 1990s to supporting the achievement of the Millennium Development Goals (MDGs) in the 2000s. It has been considered by multilateral and bilateral donors as one of the instruments that would best enable the realization of the Paris Declaration on Aid Effectiveness. However, the use of budget support as a preferred aid modality has been diminishing, especially among European member states. This evaluation is expected to inform decisions on the use of Development Policy Financing (DPF) in IDA countries by providing evaluative insights into drivers of success and risks. This is pertinent in the context of the record replenishment for IDA18 in the face of a declining share of DPF in IDA commitments during the last three IDA cycles. In this context, it is worthwhile to examine the factors that have driven DPF success in the past so as to inform decisions on the role of this development financing instrument in IDA countries going forward.