Honduras is Central America’s
second-largest country with a population of more than 8
million and a land area of about 112,000 square kilometers.
The 20th century witnessed a profound economic
transformation and modernization in Honduras. Honduras’
persistent poverty is the result of long-term low per capita
growth and high inequality, perpetuated by the country’s
high vulnerability to shocks. First, over the past 40 years

The term “inclusive cities” is
increasingly being used as a “catch-all” phrase to signify
intent but with little precision in its use. In this note we
use “inclusive cities” to mean cities in which we see a
commitment to an inclusive politics with the establishment
of institutionalized interactions between organized groups
of disadvantaged citizens and the state with local
government taking a primary role. They are also cities in

Policy makers in developing countries,
including India, are increasingly sensitive to the links
between spatial transformation and economic development.
However, the empirical knowledge available on those links is
most often insufficient to guide policy decisions. There is
no shortage of case studies on urban agglomerations of
different sorts, or of benchmarking exercises for states and
districts, but more systematic evidence is scarce. To help

Over the last 20 years, poor rural
farmers in Nigeria have seen the benefits of community
organization as a tool for local economic development under
the National Fadama Development Project series. They have
witnessed improvements in rural areas that have embraced a
more inclusive and participatory model of local economic
decision making. Many communities have come together under
the umbrella of new institutional arrangements for

This paper examines poor households in
the city of Mumbai and their exposure, vulnerability, and
ability to respond to recurrent floods. The paper discusses
policy implications for future adaptive capacity,
resilience, and poverty alleviation. The study focuses
particularly on the poor households, which tend to have
greater exposure and vulnerability to floods and limited
ability to respond given the constraints on physical and

The hub-periphery development pattern of
the Guangdong economy, to some extent, is a miniature of
that of the Chinese economy. The Pearl River Delta, drawing
from its first-nature comparative advantages in factor
endowments and proximity to Hong Kong SAR, China, and Macau
SAR, China, and the second-nature advantages as first-movers
in the reforms in attracting and retaining domestic and
foreign resources, has developed into a regional economic

The authors investigate determinants of
individual migration decisions in Vietnam, a country with
increasingly high levels of geographical labor mobility.
Using data from the Vietnam Household Living Standards
Survey (VHLSS) of 2012, the authors find that probability of
migration is strongly associated with individual, household
and community-level characteristics. The probability of
migration is higher for young people and those with

This paper evaluates the impact of
access to credit from banks and other financial institutions
on household welfare in Mauritania. Micro-level data from a
2014 household survey are used to evaluate the relationship
between credit access, a range of household characteristics,
and welfare indicators. To address potential endogeneity
issues, the household isolation level is used to instrument
access to credit. The results show that households headed by

Launched in 2011, the Second Sustainable
and Participatory Energy Management Project (PROGEDE II) for
Senegal has been hailed for effectively mainstreaming a
gender perspective into an energy project. Under the
project, women have participated more in decision making;
developed skills in technical production, entrepreneurship,
and organizational management; and benefitted from increased incomes.

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.

As part of a national experiment, in
2008 Chengdu prefecture implemented ambitious property
rights reforms, including complete registration of all land
together with measures to ease transferability and eliminate
labor market restrictions. This study uses a discontinuity
design with spatial fixed effects to compare 529 villages
just inside and outside the prefecture’s border. The results
suggest that the reforms increased tenure security, aligned

The purpose of this note is to provide
policy recommendations to improve access to credit of rural
populations and small agricultural producers under
financially sustainable schemes. Although the agricultural
sector remains an important source of employment,
agricultural credit is a small fraction of commercial credit
in Colombia. The share of agricultural credit in Colombia is
below levels observed in other countries in the region.