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The development impact of financial regulation: evidence from Ethiopia and antebellum USA (English)

In absence of deposit insurance, underdeveloped financial systems can exhibit a coordination failure between banks, unable to commit on safe asset holding, and depositors, anticipating low deposit repayment in bad states. ... See More +

Policy Research Working Paper WPS7734 JUN 28, 2016

Limodio,Nicola; Strobbe,Francesco Disclosed

Financial regulation and government revenue : the effects of a policy change in Ethiopia (English)

Financial regulation affects government revenue whenever it imposes both the mandatory quantity and price of government bonds. This paper studies a banking regulation adopted by the National Bank of Ethiopia in April 2011, which forces all private banks to purchase a fixed negative-yield government bond in proportion to private sector lending. ... See More +

Policy Research Working Paper WPS7733 JUN 28, 2016

Limodio,Nicola; Strobbe,Francesco Disclosed

Poverty and policy selectivity of World Bank trust funds (English)

Over the past decade, donors of foreign aid quadrupled their annual contributions to trust funds at the World Bank. This earmarking of contributions to donors' preferred recipient countries and issues has raised concerns about the alignment of trust funds with the performance-based allocations of aid by the International Development Association, the World Bank's concessional lending arm, and raises the question of the role of this new "multi-bi" aid channel. ... See More +

Policy Research Working Paper WPS7731 JUN 28, 2016

Eichenauer,Vera; Knack,Stephen Disclosed

CPIA Africa - Assessing Africa's policies and institutions : 2015 CPIA results for Africa (English)

CPIA Africa is an annual report that describes the progress Sub-Saharan African countries are making on strengthening the quality of their policies and institutions. ... See More +

Annual Report 106632 JUN 27, 2016

French Disclosed

Roads and rural development in Sub-Saharan Africa (English)

This paper assesses the relation between access to markets and cultivated land in Sub-Saharan Africa. Making use of a geo-referenced panel over three decades (1970-2005) during which the road network was significantly improved, the analysis finds a modest but significant positive association between increased market accessibility and local cropland expansion. ... See More +

Policy Research Working Paper WPS7729 JUN 27, 2016

Berg,Claudia N.; Blankespoor,Brian; Selod,Harris Disclosed

International Bank for Reconstruction and Development (IBRD) Board of Governors resolution ; no. 648 : transfer from surplus to replenish the trust fund for Gaza and West Bank (English)

On June 24, 2016, International Bank for Reconstruction and Development (IBRD) Board of Governors adopted resolution number six hundred and forty-eight. ... See More +

Board Report 106631 JUN 24, 2016

Disclosed

Africa - Hydropower and Energy Infrastructure Development Project (English)

Integrated Safeguards Data Sheet ISDSC14745 JUN 24, 2016

Sanchez,Pedro E. Disclosed

Moldova - Local Roads Improvement Project : procurement plan (English)

Procurement Plan 106608 JUN 24, 2016

Disclosed

Philippines - Review of the social security system : considerations for strengthening sustainability and coverage (English)

This report was prepared at the request of the Philippines Social Security System (SSS) to analyze key challenges and propose reform options to improve the sustainability and expand the coverage of old age income protection for private sector workers. ... See More +

Working Paper 106597 JUN 23, 2016

Razat,Maya Disclosed

Russian Federation - Preservation and Promotion of Cultural Heritage Project : procurement plan (English)

Procurement Plan 106583 JUN 23, 2016

Disclosed

Lebanon - Cultural Heritage and Urban Development Project : procurement plan (English)

Procurement Plan 106584 JUN 23, 2016

Disclosed

Do fiscal multipliers depend on fiscal positions ? (English)

This paper analyzes the relationship between fiscal multipliers and fiscal positions of governments using an Interactive Panel Vector Auto Regression model and a large data-set of advanced and developing economies. ... See More +

Policy Research Working Paper WPS7724 JUN 22, 2016

Huidrom,Raju; Kose,Ayhan; Lim,Jamus Jerome; Ohnsorge,Franziska Lieselotte Disclosed

Challenges of fiscal policy in emerging and developing economies (English)

This paper presents a systematic analysis of the availability and use of fiscal space in emerging and developing economies. These economies built fiscal space in the run-up to the Great Recession of 2008-09, which was then used for stimulus. ... See More +

Policy Research Working Paper WPS7725 JUN 22, 2016

Huidrom,Raju; Kose,Ayhan; Ohnsorge,Franziska Lieselotte Disclosed

Financial systems, growth, and volatility : searching for the perfect fit (English)

This paper builds on recent research examining the impact of finance on growth, looking at the effect of the financial system on volatility in gross domestic product per capita and consumption per capita growth. ... See More +

Policy Research Working Paper WPS7723 JUN 21, 2016

Islam,Roumeen Disclosed

Evaluating sovereign disaster risk finance strategies : a framework (English)

This paper proposes a framework for ex ante evaluation of sovereign disaster risk finance instruments available to governments for funding disaster losses. ... See More +

Policy Research Working Paper WPS7721 JUN 21, 2016

Clarke,Daniel Jonathan; Mahul,Olivier; Poulter,Richard Andrew; Teh,Tse-Ling Disclosed

A methodology to assess indicative costs of risk financing strategies for scaling up Ethiopia's productive safety net programme (English)

This paper proposes and illustrates a methodology to assess the economic cost of the sovereign risk finance instruments available to the Government of Ethiopia and its development partners for financing the shock-responsive scalability component of the Productive Safety Net Programme. ... See More +

Policy Research Working Paper WPS7719 JUN 21, 2016

Clarke,Daniel Jonathan; Coll-Black,Sarah; Cooney,Naomi Victoria; Edwards,Anna Disclosed

Financing the reconstruction of public capital after a natural disaster (English)

When a natural disaster destroys public capital, these direct losses are exacerbated by indirect losses arising from reduced output while reconstruction takes place. ... See More +

Policy Research Working Paper WPS7718 JUN 21, 2016

Bevan,David L.; Adam,Christopher Disclosed

Weather index insurance and shock coping : evidence from Mexico's CADENA Program (English)

Weather risk and incomplete insurance markets are significant contributors to poverty for rural households in developing countries. Weather index insurance has emerged as a possible tool for overcoming these challenges. ... See More +

Policy Research Working Paper WPS7715 JUN 21, 2016

De Janvry,Alain F.; Ramirez Ritchie,Elizabeth Andrea; Sadoulet,Elisabeth Marie L. Disclosed

Pakistan - Competitiveness and growth development policy financing : chair summary (English)

Board Summary 106593 JUN 21, 2016

Disclosed

Inflation targeting and exchange rate volatility in emerging markets (English)

The paper investigates the relevance of the exchange rate on the reaction function of the central banks of 24 emerging market economies for the period 2000Q1 to 2015Q2. ... See More +

Policy Research Working Paper WPS7712 JUN 20, 2016

Cabral,Rene; Carneiro,Francisco Galrao; Mollick,Andre Varella Disclosed

Title Document Date Report No. Document Type Also available in
The development impact of financial regulation: evidence from Ethiopia and antebellum USA (English)
See More +
JUN 28, 2016 WPS7734 Policy Research Working Paper
Financial regulation and government revenue : the effects of a policy change in Ethiopia (English)
See More +
JUN 28, 2016 WPS7733 Policy Research Working Paper
Poverty and policy selectivity of World Bank trust funds (English)
See More +
JUN 28, 2016 WPS7731 Policy Research Working Paper
CPIA Africa - Assessing Africa's policies and institutions : 2015 CPIA results for Africa (English)
See More +
JUN 27, 2016 106632 Annual Report French
Roads and rural development in Sub-Saharan Africa (English)
See More +
JUN 27, 2016 WPS7729 Policy Research Working Paper
International Bank for Reconstruction and Development (IBRD) Board of Governors resolution ; no. 648 : transfer from surplus to replenish the trust fund for Gaza and West Bank (English)
See More +
JUN 24, 2016 106631 Board Report
Africa - Hydropower and Energy Infrastructure Development Project (English)
See More +
JUN 24, 2016 ISDSC14745 Integrated Safeguards Data Sheet
Moldova - Local Roads Improvement Project : procurement plan (English)
See More +
JUN 24, 2016 106608 Procurement Plan
Philippines - Review of the social security system : considerations for strengthening sustainability and coverage (English)
See More +
JUN 23, 2016 106597 Working Paper
Russian Federation - Preservation and Promotion of Cultural Heritage Project : procurement plan (English)
See More +
JUN 23, 2016 106583 Procurement Plan
Lebanon - Cultural Heritage and Urban Development Project : procurement plan (English)
See More +
JUN 23, 2016 106584 Procurement Plan
Do fiscal multipliers depend on fiscal positions ? (English)
See More +
JUN 22, 2016 WPS7724 Policy Research Working Paper
Challenges of fiscal policy in emerging and developing economies (English)
See More +
JUN 22, 2016 WPS7725 Policy Research Working Paper
Financial systems, growth, and volatility : searching for the perfect fit (English)
See More +
JUN 21, 2016 WPS7723 Policy Research Working Paper
Evaluating sovereign disaster risk finance strategies : a framework (English)
See More +
JUN 21, 2016 WPS7721 Policy Research Working Paper
A methodology to assess indicative costs of risk financing strategies for scaling up Ethiopia's productive safety net programme (English)
See More +
JUN 21, 2016 WPS7719 Policy Research Working Paper
Financing the reconstruction of public capital after a natural disaster (English)
See More +
JUN 21, 2016 WPS7718 Policy Research Working Paper
Weather index insurance and shock coping : evidence from Mexico's CADENA Program (English)
See More +
JUN 21, 2016 WPS7715 Policy Research Working Paper
Pakistan - Competitiveness and growth development policy financing : chair summary (English)
See More +
JUN 21, 2016 106593 Board Summary
Inflation targeting and exchange rate volatility in emerging markets (English)
See More +
JUN 20, 2016 WPS7712 Policy Research Working Paper