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.

Maldives is an island nation scattered
in the Indian Ocean comprising 1,190 small coral islands of
which 190 are inhabited by a local population of 341,000.
Maldives’ unique archipelagic coral island provides the
country with an extremely rich and diverse marine ecological
system. With more territorial sea than land, marine
resources have played a vital role shaping the contours of
economic development, with nature-based tourism being the

This paper is one of a series aimed at
deepening the World Bank’s capacity to follow through on
commitments made in response to the World Development Report
(WDR) 2011, which gave renewed prominence to the nexus
between conflict, security, and development. Nigeria is a
remarkable illustration of how deeply intractable the cycle
of poverty, conflict, and fragility can become when tied to
the ferocious battles associated with the political economy

Since the industrial revolution, the
economic development of Western Europe and North America was
characterized by continuous urbanization accompanied by a
gradual phasing-in of urban land property rights over time.
Today, however, the evidence in many fast urbanizing
low-income countries points towards a different trend of
“urbanization without formalization”, with potentially
adverse effects on long-term economic growth. This paper

The Philippines is among the strongest performers in the region, bucking the trend. In the first half (H1) of 2015, among the major economies in the region, the only countries to accelerate their quarterly growth rates were the Philippines, from 5 to 5.6 percent, and Vietnam. In spite of this acceleration, for the two quarters combined, Philippine growth rate came out at 5.3 percent—its lowest half year growth rate since 2011. On the demand side, the strong performance of private domestic demand at 8.1 percent, supported by record low inflation and robust remittances, drove GDP growth.

This Country Partnership Framework (CPF)
is designed to support the forthcoming Chad Five-Year
Development Plan (2016-2020). It succeeds the Interim
Strategy agreed with the Government of Chad in March 2010.
The Interim Strategy Note (ISN) set out the World Bank
Group’s (WBG’s) support to Chad for the period 2010-2012.
The strategy was composed of three main pillars:
strengthening governance; improving livelihoods and access

Mauritius has been a success story since
independence, moving from low income to uppermiddle-income
status. Close public-private partnerships facilitated
private sector-led growth in astable macroeconomic and
institutional environment. The government implemented an
activeindustrial policy to support private sector
competitiveness while exploiting global trade nichescreated
by preferential access arrangements. As a result, savings

Honduras’ recent economic performance
has been positive, especially taking into account the global
economic context. Real Gross Domestic Product (GDP) growth
accelerated from 2.8 percent in 2013 to 3.1 percent in 2014
and 3.6 percent in the first half of 2015. Growth has been
supported by improved terms of trade, higher remittance
inflows and export demand driven by the on-going recovery of
the United States (US), and improved investor confidence.

Colombia has made impressive strides in
reducing poverty and promoting shared prosperity during the
last decade. Extreme poverty fell from 17.7 percent in 2002
to 8.1 percent in 2014, while total poverty (including
moderate poverty) fell from 49.7 percent in 2002 to 29.5
percent in 2014. The decline implies that 6.2 million people
left poverty in the period. The multidimensional poverty
rate, which takes into account education, health, labor,