This report contains the World Bank Group Boards calendar for the period of January 2015 to March 2015, specifying the Boards engagements, such as meetings, briefings, and other Bank happenings.
... See More + It is updated as of January 15, 2015.
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This report contains the World Bank Group Boards' calendar for the period of January 2015 to March 2015, specifying the Boards' engagements, such as meetings and briefings.
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This report contains the World Bank Group Boards' calendar for the period of December 2014 to February 2015, specifying the Boards' engagements, such as meetings and briefings.
... See More + It is updated as of December 17, 2014.
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The development objective of the Urban Investment Planning Project for Somalia is to provide feasibility assessments and preliminary design for an urban development operational intervention in South-Central Somalia, Puntland, and Somaliland.
... See More + Some of the negative impacts and mitigation measures include: (1) developing environmental and social criteria and guidance for the planned technical and engineering studies; (2) reviewing and screening of scope of potential investments; (3) contributing to design criteria which will include the development of environmental and social criteria and guidance for the planned technical and engineering studies; (4) developing terms of reference (TOR) for the specific environmental and social (E and S) due diligence instruments that - within the context of for environmental and social management framework (ESMF) preparation - have been found to be required for identified investment projects; and (5) preparing and executing consultations with public.
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This report contains the World Bank Group Boardsapos; calendar for the period of December 2014 to February 2015, specifying the Boardsapos; engagements, such as meetings and briefings.
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This paper provides the first systematic empirical assessment of the pace at which housing investment has responded to rising demand from urbanization.
... See More + The assessment used National Accounts Statistics to build a data set of residential housing investment for more than 90 countries. The data set explicitly accounts for investment by households, the government, and the private sector. The analysis finds that housing investment follows an S-shaped trajectory taking off around per capita GDP of about $3,000 (US$2005) and tapering down at per capita GDP around $36,000 (US$2005). The analysis also finds that between 2001 and 2011, housing investment in low-income economies averaged 4.56 percent of gross domestic product and 9.12 percent in upper-middle-income economies. An important finding is that countries in Sub-Saharan Africa have housing elasticities similar to comparable low-income and lower-middle-income economies. In financing housing investment, the paper finds that developing countries tend to rely much more on domestic savings and government debt, whereas high-income Organisation for Economic Co-operation and Development countries lever capital markets by tapping foreign savings. Not only does excessive reliance on domestic savings and government debt increase the sensitivity of housing investment to the cyclicality of growth of gross domestic product, it also can potentially crowd out investments in health and education.
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Policy Research Working Paper WPS7110 NOV 01, 2014
Some of the headings included in this issue of the Development Economics Prospects Group (DECPG) daily economic news are as follows: financial markets; high income economies; and developing economies.
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This is a statement by Dr. Arvind Mayaram, Finance Secretary, and Department for Economic Affairs, Ministry of Finance at the ninetieth meeting of the Development Committee held on October 11, 2014.
... See More + He discusses that the strategic and focused interventions are vital to meet the twin goals of eliminating extreme poverty at an accelerated pace and to deliver on the universal challenge of promoting shared prosperity. The World Bank has defined milestones for achieving these goals: a strategy for achieving the twin goals has been outlined; it has set for itself an ambitious organizational restructuring; has a new country engagement model; and is further moving towards increasing its lending capacity.
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This report is about the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development, held our ninety-second meeting in Washington, D.C. on October 9, 2014 with Naglaa El-Ehwany, Minister of International Cooperation of Egypt in the Chair; Alain Bifani, Director General of the Ministry of Finance of Lebanon as First Vice-Chair; and Mauricio Cárdenas, Minister of Finance of Colombia as Second Vice-Chair.
... See More + The report looks forward to continued engagement in shaping the post-2015 development agenda. The report of the U.N. Intergovernmental Committee of Experts for Sustainable Development Financing and research work of the G-24 have underscored the large financing gap that has to be met to implement the post-2015 development agenda and enhance the growth prospects of developing countries. The author thanks Egypt for its Chairmanship of the Group and welcome Lebanon as the incoming Chair. We also welcome Ethiopia as the Second Vice-Chair. The next meeting of the G-24 Ministers is expected to take place on April 16, 2015 in Washington, D.C.
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This report contains the World Bank Group Boardsapos; calendar for the period September to November 2014, specifying the Boardsapos; engagements, such as meetings and briefings.
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