Despite its challenging circumstances,
Bangladesh has proven to be remarkably resilient and
achieved significant human development gains. The country
partnership framework (CPF) will refocus the World Bank
Group’s (WBG’s) strategic direction on removing stubborn
impediments to job creation and growth. The CPF will build
on a well-performing portfolio, particularly in human
development, identified by the systematic country diagnostic

Energy efficiency is among the cheapest
and cleanest energy resources available. The World Bank,
together with its development partners and client
governments, is making a commitment to ensure that energy
efficiency becomes the “first fuel” of energy policy makers
and governments around the world. This brief highlights
lessons learned from two decades of energy efficiency
programs in many countries. Five recommendations are offered

Three of sub-Saharan Africa’s central
economic realities motivate this study. First, agriculture
is the most important sector in most African economies, on
average accounting for nearly one-fourth of GDP. Second, the
private sector is increasingly active in transforming
African agriculture and economies. By 2030, agriculture and
agribusiness are anticipated to become a US$ 1 trillion
industry in Africa, delivering more jobs, income, and

Latin America and the Caribbean (LCR)
will be center stage in the global development debate as
leaders from around the world convene in Lima, Peru for the
annual meetings of the World Bank Group and International
Monetary Fund. Critical progress in poverty reduction has
been made in the region over the last decade. The region’s
bottom 40 percent of the population saw growth eclipsing
that seen by the group in every other region in the world.

Part one of the report provides an
overview of the economy. It has one chapter (chapter one),
which provides an overview of the country’s growth and
macroeconomic performance and challenges and analyzes and
emphasizes the limited dynamism of a rent- and
hydrocarbon-cursed economy. Part II describes cross-cutting
issues that constrain policy implementation, regardless of
the sectors where they occur. In chapter two, the report

This reports focus is making global
value chains (GVCs) more inclusive. This is achieved by
overcoming participation constraints for Small and Medium
Enterprises (SMEs) and facilitation access for Low Income
Developing Countries (LIDCs).The two major points of this
report are 1) participation in GVCs is heterogeneous and
uneven, across and within countries and 2) available data
and survey-based evidence suggest that SME participation in

This paper is motivated by the emphasis
on secure property rights as a determinant of economic
development in recent literature. The authors use village
and household level information from about 800 villages
throughout China to explore whether legal reform increased
protection of land rights against unauthorized reallocation
or expropriation with below-average compensation by the
state. The analysis provides nation-wide evidence on a

Once concentrated among a few large
economies, global flows of goods, services, and capital now
reach an ever-larger number of countries worldwide. Global
trade in goods and in services both increased 10 times
between 1980 and 2011, while foreign direct investment (FDI)
flows increased almost 30-fold. A value chain is global when
some of these stages are carried out in more than one
country, most notably when discrete tasks within a

Robust GDP growth continues, and real
growth for 2014 has been revised up by the authorities to
7.1 percent from an earlier estimate of 7.0 percent. Strong
domestic demand, boosted by a construction boom and
accommodated by high domestic credit growth, helps offset
the moderation in export growth with the slowdown of the
garment, tourism and agriculture sectors observed in the
first half of 2015. As an oil importer, the country benefits

This study identifies several factors
that inhibit efficiency improvements in the farming sector,
both in themselves and through the dynamics of their mutual
interaction. The study observes that incentives faced in the
labor market have important implications for the land
structure and, and in many ways, are at the heart of the
problem of low labor productivity in agriculture. The study
finds that, while rural households are increasingly

The countries comprising the Southern
African Customs Union (SACU) are currently not very
integrated into global value chains (GVCs), potentially
missing out on important development opportunities.
Accordingly, we explore high level options for promoting
their integration. Given East Asia’s spectacular success
with integrating into GVCs, we first assess the probability
that SACU can copy their flying geese pattern. That was

The systematic country diagnostic (SCD)
is designed to identify the most critical binding
constraints and opportunities facing Indonesia in ending
extreme poverty and boosting shared prosperity. In line with
the World Bank Group’s (WBG’s) new country engagement model,
the findings of the SCD will provide inputs for the
preparation of the country partnership framework (CPF),
which will outline the WBG’s engagement with Indonesia to