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Learning dynamics and support for economic reforms : why good news can be bad (English)

Support for economic reforms has often shown puzzling dynamics: many reforms that began successfully lost public support. This paper shows that learning dynamics can rationalize this paradox because the process of revealing reform outcomes is an example of sampling without replacement. ... See More +

Policy Research Working Paper WPS6973 JUL 01, 2014

van Wijnbergen, Sweder; Willems, Tim

Why firms avoid cutting wages : survey evidence from European firms (English)

Firms very rarely cut nominal wages, even in the face of considerable negative economic shocks. This paper uses a unique survey of fourteen European countries to ask firms directly about the incidence of wage cuts and to assess the relevance of a range of potential reasons for why the firms avoid cutting wages. ... See More +

Policy Research Working Paper WPS6976 JUL 01, 2014

Du Caju, Philip; Kosma, Theodora; Lawless, Martina; Messina, Julian; Room, Tairi

Fragmentation, incomes, and jobs : an analysis of European competitiveness (English)

Increasing fragmentation of production across borders is changing the nature of international competition. As a result, conventional indicators of competitiveness based on gross exports are becoming less informative and new measures are needed. ... See More +

Policy Research Working Paper WPS6833 APR 01, 2014

Timmer, Marcel P.; Los, Bart; Stehrer, Robert; de Vries, Gaaitzen

The impact of funding models and foreign bank ownership on bank credit growth : is Central and Eastern Europe different ? (English)

This paper provides new evidence on the factors affecting protracted credit contraction in the wake of the global financial crisis. The paper applies panel vector autoregressions to a global panel that consists of quarterly data for 41 countries for the period 2000-2011 and documents that domestic private credit growth is highly sensitive to cross-border funding shocks around the world. ... See More +

Policy Research Working Paper WPS6783 FEB 01, 2014

Feyen, Erik; Letelier, Raquel; Love, Inessa; Maimbo, Samuel Munzele; Rocha, Roberto

Diversified development : making the most of natural resources in Eurasia (English)

The debates it fueled, on what governments must do for countries to develop, carry on to this day. But its main conclusion remains largely unchallenged: East Asian countries have been successful because they integrated into the world economy, and they could do this because their own economies were efficient. ... See More +

Publication 85417 JAN 01, 2014

Gill, Indermit S.; Izvorski, Ivailo; Eeghen, Willem van; Rosa, Donato De

European Commission and World Bank Group trust funds (English)

The European Commission's (EC's) contributions to the World Bank Group (WBG) totaled United States (U.S.) 2,912.3 million dollars for fiscal years 2009-14. ... See More +

Brief 89576 DEC 31, 2013

Official Documents- Amendment to the Ageministration Agreement with the Russian Federation for TF071864 (English)

Agreement DEC 18, 2013

Png,Margaret

A regional approach to reducing pollution in the Adriatic sea (English)

The Adriatic Sea is a cultural and economic anchor of the Mediterranean region, best known for its deep blue water, sandy beaches, and biodiversity. ... See More +

Brief 83260 DEC 01, 2013

Marino, Manuel; Lutalo, Sanyu; Rodriguez, Diego; Trumvic, Ivica; Webster, Mike; Andricevic, Roko; Kisevic, Mak; Goksu, Amanda; de Kamp, Ingrid Pakulski Van

Opportunity-sensitive poverty measurement (English)

This paper offers an axiomatic characterization of two classes of poverty measures that are sensitive to inequality of opportunity, one a strict subset of the other. ... See More +

Policy Research Working Paper WPS6728 DEC 01, 2013

Brunori, Paolo; Ferreira, Francisco; Lugo, Maria Ana; Peragine, Vito

Growth and competitiveness as factors of Eurozone external imbalances : evidence and policy implications (English)

The paper assesses the contribution of key factors associated with external imbalances in the Eurozone through the estimation of a panel-data vector autoregressive model over 1975-2011. ... See More +

Policy Research Working Paper WPS6732 DEC 01, 2013

Sanchez , Jose Luis Diaz; Varoudakis, Aristomene

Settling down into a long-term partnership : successful relationships for sustainable clients (English)

After many years delivering corporate governance programs in Europe and Central Asia with in-house staff only, International Finance Corporation (IFC) moved to the next level with the objective of building local capacity to ensure the sustainability of corporate governance services in the market. ... See More +

Brief 84354 DEC 01, 2013

Orton, Oliver; Heitmann, Soren

Poland's new golden age : shifting from Europe's periphery to its center (English)

The objective of the paper is (i) to help fill the gap in knowledge on the long-term economic history of Poland; (ii) to provide a new perspective to the debate on the economic future of Poland, with a special focus on its historically unprecedented post-transition growth experience; and (iii) to analyze critically long-term growth projections for Poland. ... See More +

Policy Research Working Paper WPS6639 OCT 01, 2013

Piatkowski, Marcin

Demand collapse or credit crunch to firms ? evidence from the world bank's financial crisis survey in Eastern Europe (English)

While there is a consensus that the 2008-2009 crisis was triggered by financial market disruptions in the United States, there is little agreement on whether the transmission of the crisis and the subsequent prolonged recession are due to credit factors or to a collapse of demand for goods and services. ... See More +

Policy Research Working Paper WPS6651 OCT 01, 2013

Nguyen, Ha Minh; Qian, Rong

Firm competitiveness and the European union emissions trading scheme (English)

The European Union Emissions Trading Scheme is the first international cap-and-trade program for carbon dioxide and the largest carbon pricing regime in the world. ... See More +

Policy Research Working Paper WPS6662 OCT 01, 2013

Chan, Hei Sing; Li, Shanjun; Zhang, Fan

International lending, sovereign debt and joint liability : an economic theory model for amending the treaty of Lisbon (English)

As the Eurozone crisis drags on, it is evident that a part of the problem lies in the architecture of debt and its liabilities within the Eurozone and, more generally, the European Union. ... See More +

Policy Research Working Paper WPS6555 AUG 01, 2013

Basu , Kaushik; Stiglitz, Joseph E.

Natural resources, physical capital and institutions : evidence from Eurasia (English)

Natural resource abundance can lead to strong economic growth if resource rents are well invested in physical assets and other forms of productive capital. ... See More +

Policy Research Working Paper WPS6586 AUG 01, 2013

Vandycke, Nancy

Economic development as opportunity equalization (English)

Economic development should be conceived of as the degree to which an economy has implemented an efficient and just distribution of economic resources. ... See More +

Policy Research Working Paper WPS6530 JUL 01, 2013

Roemer, John E.

HIV in the European Region : using evidence to strengthen policy and programmes - vulnerability and response : synthesis report (English)

This report aims to describe the dynamics of HIV epidemics among vulnerable and key populations at high risk in the European region, focusing specifically on people who inject drugs (PWID), sex workers (SWs) and men who have sex with men (MSM). ... See More +

Working Paper 78187 MAY 31, 2013

Jolley, Emma; Rhodes, Tim; Hope, Vivian; Platt, Lucy; Latypov, Alisher; Reynolds, Lucy; Hickson, Ford

European neighborhood and partnership instrument east countries forest law enforcement and second governance program (English)

The European neighborhood and partnership instrument east countries forest law enforcement and second governance program will support the participating countries (Armenia, Azerbaijan, Belarus, Georgia, Moldova, Russian Federation and Ukraine) in strengthening forest governance through improving implementation of relevant international processes, enhancing their forest policy, legislation and institutional capacity, and developing, testing and evaluating sustainable forest management models at the local level on a pilot basis for future replication. ... See More +

Strategic Environmental Assessment/Analysis 79350 MAY 16, 2013

Adler, S. Russian

European neighborhood and partnership instrument east countries forest law enforcement and second governance program (Russian)

The European neighborhood and partnership instrument east countries forest law enforcement and second governance program will support the participating countries (Armenia, Azerbaijan, Belarus, Georgia, Moldova, Russian Federation and Ukraine) in strengthening forest governance through improving implementation of relevant international processes, enhancing their forest policy, legislation and institutional capacity, and developing, testing and evaluating sustainable forest management models at the local level on a pilot basis for future replication. ... See More +

Strategic Environmental Assessment/Analysis 79350 MAY 16, 2013

Adler, S.

Title Document Date Report No. Document Type Also available in
Learning dynamics and support for economic reforms : why good news can be bad (English)
See More +
JUL 01, 2014 WPS6973 Policy Research Working Paper
Why firms avoid cutting wages : survey evidence from European firms (English)
See More +
JUL 01, 2014 WPS6976 Policy Research Working Paper
Fragmentation, incomes, and jobs : an analysis of European competitiveness (English)
See More +
APR 01, 2014 WPS6833 Policy Research Working Paper
The impact of funding models and foreign bank ownership on bank credit growth : is Central and Eastern Europe different ? (English)
See More +
FEB 01, 2014 WPS6783 Policy Research Working Paper
Diversified development : making the most of natural resources in Eurasia (English)
See More +
JAN 01, 2014 85417 Publication
European Commission and World Bank Group trust funds (English)
See More +
DEC 31, 2013 89576 Brief
Official Documents- Amendment to the Ageministration Agreement with the Russian Federation for TF071864 (English)
See More +
DEC 18, 2013 Agreement
A regional approach to reducing pollution in the Adriatic sea (English)
See More +
DEC 01, 2013 83260 Brief
Opportunity-sensitive poverty measurement (English)
See More +
DEC 01, 2013 WPS6728 Policy Research Working Paper
Growth and competitiveness as factors of Eurozone external imbalances : evidence and policy implications (English)
See More +
DEC 01, 2013 WPS6732 Policy Research Working Paper
Settling down into a long-term partnership : successful relationships for sustainable clients (English)
See More +
DEC 01, 2013 84354 Brief
Poland's new golden age : shifting from Europe's periphery to its center (English)
See More +
OCT 01, 2013 WPS6639 Policy Research Working Paper
Demand collapse or credit crunch to firms ? evidence from the world bank's financial crisis survey in Eastern Europe (English)
See More +
OCT 01, 2013 WPS6651 Policy Research Working Paper
Firm competitiveness and the European union emissions trading scheme (English)
See More +
OCT 01, 2013 WPS6662 Policy Research Working Paper
International lending, sovereign debt and joint liability : an economic theory model for amending the treaty of Lisbon (English)
See More +
AUG 01, 2013 WPS6555 Policy Research Working Paper
Natural resources, physical capital and institutions : evidence from Eurasia (English)
See More +
AUG 01, 2013 WPS6586 Policy Research Working Paper
Economic development as opportunity equalization (English)
See More +
JUL 01, 2013 WPS6530 Policy Research Working Paper
HIV in the European Region : using evidence to strengthen policy and programmes - vulnerability and response : synthesis report (English)
See More +
MAY 31, 2013 78187 Working Paper
European neighborhood and partnership instrument east countries forest law enforcement and second governance program (English)
See More +
MAY 16, 2013 79350 Strategic Environmental Assessment/Analysis Russian
European neighborhood and partnership instrument east countries forest law enforcement and second governance program (Russian)
See More +
MAY 16, 2013 79350 Strategic Environmental Assessment/Analysis