Many development policies, such as placement of infrastructure or local economic development schemes, are "place-based." Such policies are generally intended to stimulate private sector investment and economic growth in the treated place, and as such they are difficult to appraise and evaluate.
... See More + This paper sets out a framework for analyzing the effects of such policies and assessing their social value. It then reviews the literature on place-based policies in the contexts of transport improvements, economic corridors, special economic zones, lagging regions, and urban policies.
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Policy Research Working Paper WPS8410 APR 17, 2018
The development objective of the Tanzania-Zambia Transmission Interconnector Project for Africa is to establish cross-border transmission capacity between the Southern African power pool and the Eastern Africa power pool to enable regional power trade.
... See More + Some of the negative impacts include : (i) loss of land; (ii) loss of physical structures; (iii) loss on crops and trees; and (iv) impacts on physical cultural resources; Some of the mitigation measures are includes : (i) normal practice minimization is always practiced to reduce compensation cost; (ii) land owners, with or without formal legal rights, are entitled to full, fair and prompt compensation plus disturbance allowance, transport allowance, accommodation allowance and loss of profit if they were in actual occupation of the acquired property; (iii) cash compensation levels should be sufficient to replace the lost asset at full replacement cost in local markets; (iv) permanent and non-permanent buildings need to be compensated; (v) displaced persons are provided prompt and effective compensation at full replacement cost for losses of assets directly attributable to the project; (vi) provided with residential housing, or housing sites, or, as required, agricultural sites for which a combination of productive potential, locational advantages and other factors is at least equivalent to the advantages lost; (vii) offered support after displacement for a transitional period, based on a reasonable estimate of the time likely to be needed to restore their livelihood and standard of living; (viii) all Project Affected Persons (PAP’s) who were compensated were farmers who were using land for cultivating crops.
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Continued economic growth has been achieved despite low oil prices, but it has come at the expense of fiscal and external stability. The exchange rate peg is a regular feature of debate given the perceived structural weaknesses.
... See More + Despite recently enacted austerity measures, Bahrain re-mains the most vulnerable Gulf country in the face of lower oil and commodity prices due to its limited savings and sharply rising debt levels, leaving it ex-posed to financing risks.
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Continued economic growth has been achieved despite low oil prices, but it has come at the expense of fiscal and external stability. The exchange rate peg is a regular feature of debate given the perceived structural weaknesses.
... See More + Despite recently enacted austerity measures, Bahrain re-mains the most vulnerable Gulf country in the face of lower oil and commodity prices due to its limited savings and sharply rising debt levels, leaving it ex-posed to financing risks.
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Growth is projected to decline to 6.5 percent in 2018, from an estimated 7 percent in 2017, given the low level of investments while the pickup in net exports remains slow.
... See More + Fiscal and external balances are expected to improve owing to reduced capital expenditure and imports. Elevated public debt and foreign investor uncertainty associated with the recent termination of DP World’s contract for Doraleh port are key risks. Meanwhile, more than a fifth of the population lives in extreme poverty and nearly 40 percent of the labor force unemployed.
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Growth is projected to decline to 6.5 percent in 2018, from an estimated 7 percent in 2017, given the low level of investments while the pickup in net exports remains slow.
... See More + Fiscal and external balances are expected to improve owing to reduced capital expenditure and imports. Elevated public debt and foreign investor uncertainty associated with the recent termination of DP World’s contract for Doraleh port are key risks. Meanwhile, more than a fifth of the population lives in extreme poverty and nearly 40 percent of the labor force unemployed.
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Growth is projected to decline to 6.5 percent in 2018, from an estimated 7 percent in 2017, given the low level of investments while the pickup in net exports remains slow.
... See More + Fiscal and external balances are expected to improve owing to reduced capital expenditure and imports. Elevated public debt and foreign investor uncertainty associated with the recent termination of DP World’s contract for Doraleh port are key risks. Meanwhile, more than a fifth of the population lives in extreme poverty and nearly 40 percent of the labor force unemployed.
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The development objectives of Housing Recovery Project for Dominica are to contribute both to the recovery of housing for households affected by Hurricane Maria and to improve the application of resilient building practices in the housing sector.
... See More + The project comprises three components. 1) The first component, Support for Housing Recovery Systems and Capacity Building, aims to set up systems to manage, expedite, and monitor the housing recovery program and will build capacity and a sustainable framework for development planning in the housing sector. It has the following three subcomponents: (i) Development Planning Support to Technical Assistance Centers and the Project at the Local Level; (ii) Development of Management Information Systems, to Support Planning and Monitoring Processes in Project Agencies; and (iii) Technical Design of a New Physical Development Planning Office. 2) The second component, Support for Reconstruction of Houses, aims to provide subsidies in the form of small grants for owner‐driven reconstruction or replacement of houses that were classified as destroyed. It has the following two subcomponents: (i) Support for Reconstruction of Houses; and (ii) Design and Supervision of House Reconstruction. 3) The third component, Project Management and Coordination, aims to finance the establishment and operation of the Project Implementation Unit (PIU) under Ministry of Housing, Lands and Water Resource Management (MoH) to serve as the unit responsible for the overall implementation and coordination of the project activities, as well as the setting up of the IST to be established within Ministry of Finance( MoF).
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