There is no doubt that the poorest
people are already and will continue to be most severely
impacted by climatic changes, including shifting trends as
well as more frequent and severe extreme events. Yet, new
insights on the dynamics and distribution of poverty point
to the need to comprehend where the poor and poorest are,
how they are poor, and why their poverty constrains their
abilities to cope with and adapt to occurring and predicted

A competitive city is a city that
successfully facilitates its firms and industries to create
jobs, raise productivity, and increase the incomes of
citizens over time. Worldwide, improving the competitiveness
of cities is a pathway to eliminating extreme poverty and to
promoting shared prosperity. The primary source of job
creation has been the growth of private sector firms, which
have typically accounted for around 75 percent of job

Weather risk and incomplete insurance
markets are significant contributors to poverty for rural
households in developing countries. Weather index insurance
has emerged as a possible tool for overcoming these
challenges. This paper provides evidence on the impact of
weather index insurance from a pioneering, large-scale
insurance program in Mexico. The focus of this analysis is
on the ex-post effects of insurance payments. A regression

This report sets forth details of a financial recovery plan designed to help Vietnam Electricity (EVN), and the Vietnamese power sector more generally, to address a series of complex and interconnected challenges over the next 3 to 10 years. These challenges are operational and institutional as well as financial, and will lead to fundamental changes over time in the way that EVN and the overall power sector operate.

Despite its rapid growth in recent
decades, GDP per capita in India remains at a relatively low
level by international standards, and the country continues
to be marked by large subnational disparities in levels of
well-being. These large disparities naturally lead to
interest in India’s spatial landscape of potential for
economic development. Against this backdrop, this paper
presents the results of an analysis of underlying variations

The Philippine Economic Update (PEU)
provides an update on key economic and social developments,
as well as policies over the past six months. It also
presents findings from recent World Bank studies on the
Philippines. It places them in a longer term and global
context, and assesses the implications of these developments
and policies on the outlook for the Philippines. Its
coverage ranges from the macro-economy and financial markets

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

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

The Government of Uzbekistan (GoU) has
recently adopted a policy to mechanize the cotton harvest as
part of its drive to modernize the agricultural sector.
Under Uzbekistan’s state-order system it is compulsory for
many farmers to grow cotton. They are contractually
obligated to produce stipulated quantities that are annually
set by the government, and must sell these to the GoU at a
price fixed by the government. Almost all cotton in

People living in poverty are
particularly vulnerable to shocks, including those caused by
natural disasters such as floods and droughts. Previous
studies in local contexts have shown that poor people are
also often overrepresented in hazard-prone areas. However,
systematic evidence across countries demonstrating this
finding is lacking. This paper analyzes at the country level
whether poor people are disproportionally exposed to floods

The Indonesia Economic Quarterly (IEQ)
has two main aims. First, it reports on the key developments
over the past three months in Indonesia’s economy, and
places these in a longerterm and global context. Based on
these developments, and on policy changes over the period,
the IEQ regularly updates the outlook for Indonesia’s
economy and social welfare. Second, the IEQ provides a more
in-depth examination of selected economic and policy issues,

Analysis of Sri Lanka’s recent progress
in reducing poverty and inequality is directly relevant to
the new government’s development agenda. The newly sworn-in
president ran for election on a platform that featured,
among other goals, inclusive growth and support to the
agricultural sector. The pursuit of these and other goals of
the new administration can be informed by a fuller
understanding of recent developments in household living