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Inheritance Law Reform and Women’s Access to Capital : Evidence from India’s Hindu Succession Act

Marzo, 2012

This paper examines whether and to what
extent amendments in inheritance legislation impact
women's physical and human capital investments, using
disaggregated household level data from India. The authors
use inheritance patterns over three generations of
individuals to assess the impact of changes in the Hindu
Succession Act that grant daughters equal coparcenary birth
rights in joint family property that were denied to

Financing Indian Cities : Opportunities and Constraints in an Nth Best World

Marzo, 2012

This paper examines international
experience with mobilizing funding for both capital and
recurrent costs for municipal infrastructure with a view to
identifying areas where India could improve its system of
financing infrastructure in cities. Based on international
data, the analysis shows that there is indeed a wide range
of models for funding municipal infrastructure across a
group even as relatively homogeneous as the European Union.

Did Higher Inequality Impede Growth in Rural China?

Marzo, 2012

This paper estimates the relationship
between initial village inequality and subsequent household
income growth for a large sample of households in rural
China. Using a rich longitudinal survey spanning the years
1987-2002, and controlling for an array of household and
village characteristics, the paper finds that households
located in higher inequality villages experienced
significantly lower income growth through the 1990s.

Leadership and Growth : Commission on Growth and Development

Marzo, 2012

In May 2008, the commission on growth
and development (the growth commission) issued its report
entitled 'the growth report'. In it the commission
attempted to distill what had been learned in the past two
decades, from experience and academic and policy research,
about strategies and policies that produced sustained high
growth in developing countries. It became clear in the
course of the work that politics, leadership, and political

Republic of Tajikistan - Country Economic Memorandum :
Tajikistan’s Quest for Growth: Stimulating Private Investment

Marzo, 2012

The Tajik government in its Poverty
Reduction Strategy Paper for 2010-12 set an ambitious target
of doubling Gross Domestic Product (GDP) in a decade.
Tajikistan clearly has the potential to grow at more than
seven percent a year as it has done in the recent past, but
it is not going to be easy. The potential for
'catch-up' growth from the depths of the recession
of the 1990s is largely exhausted, the external environment

Moldova - After the Global Crisis : Promoting Competitiveness and Shared Growth

Marzo, 2012

This report argues that in the future
Moldova will need to develop a second engine of growth from
exports of goods and services. We argue that Moldova needs
to resurrect agro-based exports, to raise their value by
exporting to higher value markets, and develop service
exports in order to provide job opportunities for
underemployed tertiary graduates. To be successful in doing
so, the government will need to implement deep fiscal and

Ukraine - Country Economic Memorandum : Strategic Choices to Accelerate and Sustain Growth

Marzo, 2012

This report undertakes a comprehensive
assessment of Ukraine's growth experience over the past
decade. It shows how vulnerabilities were allowed to
accumulate during the economic boom. And how growth,
averaging seven percent annually between 2000 and 2008, was
achieved without tackling Ukraine's well known
weaknesses in the investment climate and public sector
governance. The report also traces the emergence of large

Solomon Islands Growth Prospects : Constraints and Policy Priorities - Discussion Note

Marzo, 2012

Economic growth in Solomon Islands since
the end of civil conflict in 2003 has been driven by rapid
expansion of the forestry sector and large increases in
international aid flows. Stocks of natural forest logs are
nearing exhaustion and, as the security situation improves,
aid flows are likely to flatten off. The Solomon Islands
Government asked the World Bank to investigate future growth
prospects. This note summarizes the findings and presents a

Cambodia 1998-2008 : An Episode of Rapid Growth

Marzo, 2012

Cambodia's growth over 1998-2008
has been remarkable (almost 10 percent per annum for a
decade). This paper applies a "growth diagnostic"
approach to understand how this happened and how it can be
sustained. Past growth has been driven by the coincidence of
a set of historical and geographic factors (including
opportunistic policy responses), together with the use of
natural assets (although in a non sustainable way) and the

Economic Opportunities for Women in
the East Asia and Pacific region

Marzo, 2012

East Asia and the Pacific is a region of
dynamic growth. Women have contributed significantly to this
growth and have benefited from it through active
participation in the labor market. However, women are still
disproportionately represented in the informal sector and in
low paid work. Efforts to identify barriers to women's
business and entrepreneurial activities in the region are
critical not only to facilitate inclusive growth in a

Climate Change and the World Bank Group : Phase II - The Challenge of Low-Carbon Development

Marzo, 2012

The first volume of Independent
Evaluation Group (IEG) series (IEG 2009) examined World Bank
experience with the promotion of the most important win-win
(no regrets) energy policies, policies that combine domestic
gains with global greenhouse gas (GHG) reductions. These
included energy pricing reform and policies to promote
energy efficiency. This second phase covers the entire World
Bank Group (WBG), including the International Finance