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The Kurdistan region of Iraq : assessing the economic and social impact of the Syrian conflict and ISIS (English)

The Kurdistan Region of the Republic of Iraq (KRI) is a constitutionally recognized semiautonomous region in northern Iraq with a population of 5.1 million (2012 estimate).1 Its government (the KRG), based in Erbil, has the right, under the Iraqi constitution of 2005, to exercise legislative, executive, and judicial powers according to the constitution, except in what is listed therein as exclusive powers of the federal authorities. ... See More +

Publication 95808 APR 16, 2015

Kulaksiz, Sibel; Dooley, Janet; Ali, Nazaneen; Fotovat, Sepehr; Denizer, Cevdet; Mattoo, Aaditya; Mobasher Fard, Shahrzad; Hart, Tracy; Dajani, Ibrahim; Ali, Soran; Dahdah, Said; Jokanovic, Igor; Esen, Ferhat; Mofid, Nafie; Talbi, Amal; Bahnson, Caroline; Abdallah, Lina; Raad, Firas; Rabie, Tamer; Nikaein, Samira; Temourov, Moukim; Neman, Afif; Alkhoja, Ghassan; Jennings, Ray Salvatore; Jaffrin, Guillemette; Kamphuis, Bertine; Abdel Aziz, Teymour; McConaghy, Peter; Krishnan, Nandini; Olivieri, Sergio; Raha, Shomikho

The Global Findex Database 2014 : measuring financial inclusion around the world (English)

The Global Financial Inclusion (Global Findex) database, launched by the World Bank in 2011, provides comparable indicators showing how people around the world save, borrow, make payments, and manage risk. ... See More +

Policy Research Working Paper WPS7255 APR 15, 2015

Demirguc-Kunt,Asli; Klapper,Leora; Singer,Dorothe; Van Oudheusden,Peter

Asset price effects of peer benchmarking : evidence from a natural experiment (English)

This paper estimates the effects of peer benchmarking by institutional investors on asset prices. To identify trades purely due to peer benchmarking as separate from those based on fundamentals or private information, the paper exploits a natural experiment involving a change in a government imposed underperformance penalty applicable to Colombian pension funds. ... See More +

Policy Research Working Paper WPS7239 APR 14, 2015

Acharya,Sushant; Pedraza Morales,Alvaro Enrique

Champions wanted : promoting exports in the Middle East and North Africa (English)

While other emerging regions were thriving, MENA's aggregate export performance over the past two decades has been consistently weak. Using detailed firm-level export data from Customs administrations, this report explains why. ... See More +

Publication 95681 APR 07, 2015

Jaud, Melise; Freund, Caroline

Labor productivity and employment gaps in Sub-Saharan Africa (English)

Drawing on a new set of nationally representative, internationally comparable household surveys, this paper provides an overview of key features of structural transformation—labor allocation and labor productivity—in four African economies. ... See More +

Policy Research Working Paper WPS7234 APR 06, 2015

McCullough,Ellen B.

Tax evasion through trade intermediation : evidence from Chinese exporters (English)

Many production firms use intermediary trading firms to export indirectly. This paper uses Chinese export data at the transaction level to investigate the tax evasion motive through indirect trade. ... See More +

Policy Research Working Paper WPS7232 APR 06, 2015

Liu,Xuepeng; Shi,Huimin; Ferrantino,Michael Joseph

Does input tariff reduction impact firms' exports in the presence of import tariff exemption regimes ? (English)

In the last decade Morocco undertook substantial, if gradual, trade liberalization by reducing tariffs, reforming trade regulations and signing free and preferential trade agreements with several regions and countries, including the United States, Turkey, the European Union and Arab countries. ... See More +

Policy Research Working Paper WPS7231 APR 06, 2015

Bussolo,Maurizio; Vargas Da Cruz,Marcio Jose

The curious case of Brazil's closedness to trade (English)

Although Brazil has become one of the largest economies in the world, it remains among the most closed economies as measured by the share of exports and imports in gross domestic product. ... See More +

Policy Research Working Paper WPS7228 APR 02, 2015

Canuto Dos Santos Filho,Otaviano; Fleischhaker,Cornelius; Schellekens,Philip

Bangladesh development update (April 2015) (English)

This report highlights recent economic updates in Bangladesh as of April 2015. Economic growth in Bangladesh was gaining momentum in the first half of FY15. ... See More +

Working Paper 95568 APR 01, 2015

Hussain, Zahid

Russian economic report : the dawn of a new economic era? : Russia economic report : the dawn of a new economic era? (English)

Russia's economy experienced two shocks in 2014. On top of the structural crisis that began in 2012, Russia had to deal with cyclical and idiosyncratic challenges to the economy. ... See More +

Working Paper (Numbered Series) 95697 APR 01, 2015

Hansl, Birgit; Grant, Anne

MENA economic monitor : towards a new social contract (English)

Whereas the global economy is set for a gradual pick up, economic prospects in the Middle East and North Africa (MENA) remain flat. Growth in MENA is expected to slow down in 2015 and range between 3.1 and 3.3 percent according to the World Bank and consensus forecasts respectively, and continue on the same path in 2016. ... See More +

Publication 95650 APR 01, 2015

Devarajan, Shantayanan; Mottaghi, Lili

Croatia - Macro monitoring report Q2 2015 (English)

After twelve quarters of economic contraction year-on-year, output increased in the final quarter of 2014. Nonetheless, for 2014 as a whole, real GDP declined by 0.4 percent. ... See More +

Brief 95714 APR 01, 2015

Montenegro - Macro monitoring report Q2 2015 (English)

Economic growth slowed to around 1.5 percent in 2014 reflecting declining exports and weak domestic demand. Although labor market indicators improved over the last year, with the unemployment rate declining to 18 percent, high unemployment is still a limiting factor for poverty reduction to pre-crisis levels. ... See More +

Brief 95715 APR 01, 2015

East Asia and Pacific economic update : adjusting to a changing world (English)

In the six months since the previous East Asia and Pacific economic update, the regional economic landscape has been dominated by two key developments in the global economy. ... See More +

Working Paper 95722 APR 01, 2015

Spatafora, Nikola; Ollero, Antonio; Vashakmadze, Ekaterine; Dewina, Reno; Diaz-Bonilla, Carolina; Hirano, Yumeka; Sun, Yan; O'Keefe, Philip; Umapathi, Nithin; Somanathan, Aparnaa; Bredenkamp, Caryn; Pambudi, Eko Setyo; Tandon, Ajay; Smits, Karlis; Zhao, Luan; Ahsan, Ahmad

Lao economic monitor : towards restoring macroeconomic stability and building inclusive growth (English)

Based on preliminary estimates, the Lao People's Democratic Republic (PDR) economy grew by 7.5 percent in 2014, compared to an average of 8 percent over 2011-13. ... See More +

Working Paper 95669 APR 01, 2015

D'Hoore, Alain; Davading, Somneuk; Phimmahasay, Keomanivone

Pakistan development update (English)

The Pakistani economy faced four major domestic shocks as of April 2015: (i) a political sit-in by opposition parties in Islamabad that lasted between August and December and raised significant political uncertainty; (ii) the September floods in Punjab that affected agricultural crops; (iii) the postponed sale of Oil and Gas Development Company Limited (OGDCL) equity shares in November that reduced its expected privatization proceeds and foreign direct inflows (FDI); and (iv) the terrorist attack in a school in Peshawar that heightened security concerns. ... See More +

Economic Updates and Modeling 95751 APR 01, 2015

Refaqat, Saadia; Lopez-Calix, Jose R.; Waheed, Muhammad; Ashraf, Mehwish; Atiq, Syedah Moshina; Joya, Mohammad Omar; Shaikh Sarmad; Khan, Rafay; Newhouse, David Locke

Making the most of cheap oil (English)

An uneven recovery and diverging monetary policy across major developed countries remain a challenge for developing and emerging market economies. ... See More +

Economic Updates and Modeling 95753 APR 01, 2015

Kitzmuller, Markus; Rama, Martin; Chaudhuri, Shubham

The quest for subsidy reforms in Libya (English)

Shortly before the 2011 Libyan revolution, consumers' subsidies were rapidly increased by the regime in an effort to reduce social discontent. In the aftermath of the revolution, these subsidies became important for people's subsistence, but also a very heavy burden for the state budget. ... See More +

Policy Research Working Paper WPS7225 MAR 30, 2015

Araar,Abdelkrim; Choueiri,Nada; Verme,Paolo

Fossil fuel subsidies : approaches and valuation (English)

Numbers ranging from half a trillion to two trillion dollars have been cited in recent years for global subsidies for fossil fuels. How are these figures calculated and why are they so different? ... See More +

Policy Research Working Paper WPS7220 MAR 23, 2015

Kojima,Masami; Koplow,Doug

Title Document Date Report No. Document Type Also available in
The Kurdistan region of Iraq : assessing the economic and social impact of the Syrian conflict and ISIS (English)
See More +
APR 16, 2015 95808 Publication
The Global Findex Database 2014 : measuring financial inclusion around the world (English)
See More +
APR 15, 2015 WPS7255 Policy Research Working Paper
Asset price effects of peer benchmarking : evidence from a natural experiment (English)
See More +
APR 14, 2015 WPS7239 Policy Research Working Paper
Champions wanted : promoting exports in the Middle East and North Africa (English)
See More +
APR 07, 2015 95681 Publication
Labor productivity and employment gaps in Sub-Saharan Africa (English)
See More +
APR 06, 2015 WPS7234 Policy Research Working Paper
Tax evasion through trade intermediation : evidence from Chinese exporters (English)
See More +
APR 06, 2015 WPS7232 Policy Research Working Paper
Does input tariff reduction impact firms' exports in the presence of import tariff exemption regimes ? (English)
See More +
APR 06, 2015 WPS7231 Policy Research Working Paper
The curious case of Brazil's closedness to trade (English)
See More +
APR 02, 2015 WPS7228 Policy Research Working Paper
Bangladesh development update (April 2015) (English)
See More +
APR 01, 2015 95568 Working Paper
Russian economic report : the dawn of a new economic era? : Russia economic report : the dawn of a new economic era? (English)
See More +
APR 01, 2015 95697 Working Paper (Numbered Series)
MENA economic monitor : towards a new social contract (English)
See More +
APR 01, 2015 95650 Publication
Croatia - Macro monitoring report Q2 2015 (English)
See More +
APR 01, 2015 95714 Brief
Montenegro - Macro monitoring report Q2 2015 (English)
See More +
APR 01, 2015 95715 Brief
East Asia and Pacific economic update : adjusting to a changing world (English)
See More +
APR 01, 2015 95722 Working Paper
Lao economic monitor : towards restoring macroeconomic stability and building inclusive growth (English)
See More +
APR 01, 2015 95669 Working Paper
Pakistan development update (English)
See More +
APR 01, 2015 95751 Economic Updates and Modeling
Making the most of cheap oil (English)
See More +
APR 01, 2015 95753 Economic Updates and Modeling
The quest for subsidy reforms in Libya (English)
See More +
MAR 30, 2015 WPS7225 Policy Research Working Paper
Minutes of meeting of the Executive Directors of the Bank and IDA and the Boards of Directors of IFC and MIGA held on March 24, 2015 and record of approvals March 12 thru 24 (English)
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MAR 24, 2015 95293 Minutes
Fossil fuel subsidies : approaches and valuation (English)
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MAR 23, 2015 WPS7220 Policy Research Working Paper