1. Understanding Poverty

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  • Central African Republic : Country Economic Memorandum - From Fragility to Accelerated and Inclusive Growth (English)

    The Central African Republic (CAR) is at a critical crossroads. Despite its significant natural resource wealth, CAR remains one of the poorest and most fragile countries in the world. Cycles of political...

    Document Type: Country Economic Memorandum Report No.: 171132 Document Date: May 2, 2022 Disclosure Status: Disclosed Author: Kouame,Wilfried Anicet Kouakou,Seck,Abdoulaye,Fraeters,Han,Dadi,Abebe Adugna,Carneiro,Francisco Galrao,Rontoyanni,Clelia Kalliopi Helena

  • Sierra Leone 2021 Economic Update : Welfare and Poverty Effects of the COVID-19 Pandemic (English)

    The global economy is projected to grow 6 percent in 2021, stronger than had previously been expected, reflecting fiscal support in advanced economies, especially the US, and faster rollout of vaccines...

    Document Type: Report Report No.: 160598 Document Date: June 1, 2021 Disclosure Status: Disclosed Author: Kiendrebeogo,Youssouf,Mansaray,Kemoh,Foster,Elizabeth Mary,Baibagysh Uulu,Aibek,Sattar,Sarosh,Kosmidou-Bradley,Walker Turnbull,Laporte,Pierre Frank,Carneiro,Francisco Galrao,Mistiaen,Johan A.

  • Gabon - Public Expenditure Review : Improving Spending Quality to Foster Inclusive Growth (English)

    This Public Expenditure Review (PER) is designed to support the efforts of the government of Gabon (GOG) to enhance public expenditure efficiency and improve the quality of public goods and services. The...

    Document Type: Public Expenditure Review Report No.: 124718 Document Date: June 1, 2019 Disclosure Status: Disclosed Author: Tovo,Maurizia,Di Gropello,Emanuela,Elmaleh,David Jacques,Arulpragasam,Jehan,Sorgho,Gaston,Varma,Sona,Carneiro,Francisco Galrao,Sakho,Yaye Seynabou

  • Nigeria Biannual Economic Update : Water Supply, Sanitation and Hygiene – A Wake-up Call (English)

    Nigeria's emergence from recession remains slow: real GDP grew by 1.9 percent in 2018. While this was above the 0.8 percent growth of 2017, it was below the population growth rate, government projections...

    Document Type: Working Paper Report No.: 135877 Document Date: April 1, 2019 Disclosure Status: Disclosed Author: Joseph-Raji,Gloria Aitalohi,Timmis,Emilija,Shuaibu,Mohammed Isa,Ogebe,Joseph Orinya,Alandia,Luis Andres,Al-Jamal,Khairy,Carneiro,Francisco Galrao,Konjhodzic,Indira,Ben Messaoud,Rachid

  • Investing in Human Capital for Nigeria's Future (English)

    The Nigerian economy remains dependent on the small oil sector (under 10 percent of GDP) for the bulk of its fiscal revenues and foreign exchange earnings. This makes Nigeria’s balance of payments and...

    Document Type: Working Paper Report No.: 132316 Document Date: November 21, 2018 Disclosure Status: Disclosed Author: Joseph-Raji,Gloria Aitalohi,Timmis,Emilija,Meky,Muna Salih,Rufai,Mistura Adedoyin,Loevinsohn,Benjamin P.,Pinto,Sangeeta Carol,Odutolu,Ayodeji Oluwole,Ajiboye,Ayodeji Gafar,Pradhan,Elina,Abu-Ghaida,Dina N.,Mohammed,Aisha Garba,Okunmadewa,Foluso,Pandey,Priyanka,Coulibaly,Souleymane,Carneiro,Francisco Galrao,Konjhodzic,Indira,Ben Messaoud,Rachid

  • Revisiting the evidence on the cyclicality of fiscal policy across the World (English)

    A large and growing literature has argued that industrialized and developing countries behave very differently in relation to their fiscal policy stances over the business cycle. In this paper, the authors...

    Document Type: Working Paper Report No.: 108904 Document Date: October 1, 2016 Disclosure Status: Disclosed Author: Carneiro,Francisco Galrao,Garrido,Leonardo

  • Building a better future together : Dominican Republic policy notes (English)

    In preparing these policy notes, the World Bank intends to provide the incoming administration with some considerations and recommendations on key development policy issues. The focus of these policy notes...

    Document Type: Working Paper Report No.: 112502 Document Date: October 1, 2016 Disclosure Status: Disclosed Author: Carneiro,Francisco Galrao,Niang,Cecile Thioro,Mele,Gianluca,Pena,Christine Lao,Lambrides,Mark,Berman,Laura Wendell,Parra Osorio,Juan Carlos,Brault,Jean-Martin

  • 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. This is done by first employing...

    Document Type: Policy Research Working Paper Report No.: WPS7712 Document Date: June 20, 2016 Disclosure Status: Disclosed Author: Cabral,Rene,Carneiro,Francisco Galrao,Mollick,Andre Varella

  • Lower volatility, stronger financial systems help growth (English)

    Do countries more exposed to macroeconomic volatility grow less than more stable nations? Are profligate governments more likely to exacerbate volatility? What about the role of the financial sector; are...

    Document Type: Brief Report No.: 103454 Document Date: February 1, 2016 Disclosure Status: Disclosed Author: Carneiro,Francisco Galrao,Nguyen, Ha,Odawara,Rei