Sound, deep, and efficient financial
sectors are vital for high sustained, private sector-led
growth. But financial sectors in their current form pose
major problems for the economies of sub Saharan Africa
(SSA). Insufficient access to credit by small and medium-
sized enterprises constrains their ability to expand and
limits countries' growth potential. Most households
cannot build formal savings, so their ability to escape

This document presents the main findings
of the Guyana Investment Climate Survey (ICS) conducted
between November 2004 and March 2005. The ICA report
provides an evaluation of different aspects of the
environment of doing business in Guyana. It covers
governance-related obstacles, labor and technology issues,
the financial sector, and infrastructure. The ICA is based
on the results of the World Bank Guyana Investment Climate

This paper investigates the role of
services in the household response to trade reforms in
Vietnam. The relative response of the households and income
growth after a major trade liberalization in rice are
analyzed aiming to answer the following questions: What type
of households, in which locations, having access to what
type of services, benefited more from the reforms? It
focuses on services that have an impact on transaction costs

This paper analyzes the impact of trade reforms on household welfare. In particular, it studies the importance of each of the links that together constitute the impact using data from the Vietnamese experience in the 1990s. The implementation of trade reforms in the 1990s, most noteworthy of which was the liberalization of rice, resulted in substantial improvement in welfare as evidenced by the drastic decline in poverty. Using analytical and empirical methods, the author examines the role of each channel (direct versus indirect) in this improvement for different groups of households.

The book clarifies many policy, and
technical issues that confront resettlement policymakers,
and practitioners. It provides guidance on resettlement
design, implementation, and monitoring, and, it discusses
resettlement issues particular to development projects in
different sectors, such as urban development, natural
resource management, and the building of dams. Construction
of infrastructure, a prerequisite for sustained

The World Bank's revised forest
policy came into being in 2002 and covers all types of
forests. It has the following key objectives: (i) harnessing
the potential of forests to reduce poverty in a sustainable
manner; (ii) integrating forests effectively into
sustainable development; and (iii) protecting vital local
and global environmental services and values. The policy
enables the bank to fully engage in forestry throughout the

The note looks at poverty in Ecuador,
assessing macroeconomic developments through its policies to
maintain stability with fiscal discipline, and increase
economic productivity and competitiveness, in particular,
the 1998/99 crisis, the 2000 dollarization and their effect
on poverty. From 1990 to 2001, national consumption-based
poverty rose from 40 to 45 percent, and the number of poor
people increased from 3.5 to 5.2 million. Poverty increased

Slum upgrading programs are being used by national and city governments in many countries to improve the welfare of households living in slum and squatter settlements. These programs typically include a combination of improvements in neighborhood infrastructure, land tenure, and building quality. In this paper, the authors develop a dynamic general equilibrium model to compare the effectiveness of alternative slum upgrading instruments in a second-best setting with distortions in the land and credit markets.

Strategies to help the one billion people worldwide who live in informal settlements have mainly focused on slum upgrading, sites and services programs, and tenure security. In contrast, there has been less attention on what enables slum dwellers to transition into the formal housing sector, which has the dual benefits of improving service access and escaping social stigma. In this paper the authors investigate residential mobility among slum dwellers in Bhopal, India.

Turkmenistan's unique approach to
land reform and farm restructuring has produced a
significant shift to individual or household-based farming,
with more than three-quarters of the arable land leased to
individual households or small groups. Most leaseholders
consider this land to be rightfully theirs, and they expect
to keep it in the future, either as private owners, or
through extension of their leasehold. However, individual

This Financial Sector Assessment (FSA)
is based on the work of the joint International Monetary
Fund (IMF)- World Bank missions that visited Kenya from July
15 to July 24,2003, and from September 30 to October 15,
2003, in the context of the Financial Sector Assessment
Program (FSAP). The principal objective of the missions was
to assist the Kenyan authorities in assessing the
development needs and opportunities for the financial sector

Economic development has brought about,
the decline in contribution of the agricultural sector to
the economy of Sri Lanka, and, consistent with this economic
transformation, the structure of employment also changed.
Thus, as labor migrates away from agriculture, the
productivity, for those who remain in the land, needs to
increase significantly. This report examines the constraints
to promoting more rapid agricultural, and rural non-farm