This report summarizes the findings of
Investment Climate Assessments (ICAs) carried out for all
countries in the South Asia region. It compares South Asian
countries to countries in other regions, analyzes
similarities and differences within the region, and
identifies the way forward in improving the investment
climate. The first volume analyzes similarities and
differences within the region and between South Asia and the

Massive privatizations of housing in Europe and Central Asia transition countries have significantly reduced rental tenure choice, threatening to impede residential mobility. Policymakers are intensifying their search for adequate policy responses aimed at broadening tenure choice for more household categories through effective rental housing alternatives in the social and private sectors.

This Country Economic Memorandum (CEM)
looks at the broad reform program, including institutional,
governance, and economic restructuring reforms Romania is
pursuing, which are anchored in its process for accession to
the European Union (EU). The challenge is to expand
integration with the EU more broadly throughout the economy,
by relying on market driven mechanisms in a predictable
rules-based policy environment, with the state sharply

In 1993, in response to persistent
unemployment, and rising poverty and social unrest, the
government of Albania introduced an anti-poverty program,
namely Ndihma Ekonomike; in 1995 it was extended to all poor
households. This paper estimates the separate effects of
participation in this income support program and the old-age
pension program on objective and subjective measures of
household poverty. The analysis uses the nationally

This report summarizes the findings of
Investment Climate Assessments (ICAs) carried out for all
countries in the South Asia region. It compares South Asian
countries to countries in other regions, analyzes
similarities and differences within the region, and
identifies the way forward in improving the investment
climate. The first volume analyzes similarities and
differences within the region and between South Asia and the

This book is organized as follows:
Introduction: Is Geography Destiny? Chapter 1 discuses The
Channels of Influence of Geography: Latin America from an
International Perspective. Chapter 2 discusses The Other
Side of The Mountain: The Influence of Geography Within
Countries. Chapter 3 discusses Policies to Overcome the
Limitations of Geography

The importance of distributional issues in policymaking creates a need for empirical tools to assess the social impact of economic shocks and policies. This paper reviews some of the modeling approaches that are currently in use at the World Bank and other international financial institutions. The specification of these models is dictated by the issues at stake, the knowledge about the nature of the process involved, and the availability and reliability of relevant data. Furthermore, shocks and policies have macroeconomic, structural, and distributional implications.

Bangladesh has marked considerable
progress since independence in 1971 despite its dire initial
conditions. Real per capita income is about 60percent higher
now than in 1971. The share of population in poverty
currently stands at about 50 percent, compared with over 70
percent in the early 1970s. Even more impressive has been
the progress in improving the social and human dimensions of
poverty. Bangladesh's faster gains in human development

Fueled by fast-expanding demand, the production of meat and milk in the developing world has doubled in recent decades, and this trend is expected to continue. This expanding sector can provide income, employment, and high quality nutrition for vulnerable groups, and in many areas of the world, essential soil fertility inputs.

Urban growth is, in all parts of the
world, inevitable and welcomed. Despite concerns that local
governments will not be able to address those issues
associated with increased urban population, the number of
people living in urban centers will sur-pass those of the
rural population by 2030. Since productivity levels are
consistently higher in urban areas than in rural settings,
this would seem a reason to rejoice since it suggests more

In 2002, half of Mexico's
population lived in poverty and one fifth in extreme
poverty, slightly lower than before the 1994-1995 crisis.
Mexico has made major progress in some poverty dimensions
-health, nutrition and education outcomes, access to basic
health and education services, electricity, water and (to a
lesser extent) sanitation. Large increases in government
spending enabled key social programs to expand. Programs

This regional study encompasses three
Central American countries: Nicaragua, Guatemala, and
Honduras. The focus of this report is Honduras. The
objective of the study is to understand how broad-based
economic growth can be stimulated and sustained in rural
Central America. The study identifies "drivers" of
sustainable rural growth and poverty reduction. Drivers are
defined as the assets and combinations of assets needed by