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Mongolia Financial Sector Assessment
As the Mongolian mortgage market grows rapidly, and the Government of Mongolia (GoM) pursues an ambitious social housing agenda, there is an urgent need for a holistic sector approach. The following three key areas require attention from policymakers: first, there is a need to better balance housing supply and demand, which requires the authorities to focus on prudent mortgage lending standards and supervision, as well as on provision of housing infrastructure and zoned land.
Assessing Safety Net Readiness in Response to Food Price Volatility
In 2008, when food prices rose precipitously to record highs, international attention and local policy in many countries focused on safety nets as part of the response. Now that food prices are high again, the issue of appropriate responses is again on the policy agenda. This note sets out a framework for making quick, qualitative assessments of how well countries' safety nets prepare them for a rapid policy response to rising food prices should the situation warrant.
The Potential of the Blue Economy
This report was drafted by a working group of United Nations entities, the World Bank, and other stakeholders to suggest a common understanding of the blue economy; to highlight the importance of such an approach, particularly for small island developing states and coastal least developed countries; to identify some of the key challenges its adoption poses; and to suggest some broad next steps that are called for in order to ensure its implementation.
Guide for Wastewater Management in Rural Villages in China
There is an urgent need to provide practical guidelines for Chinese decision makers and officials to better understand the key issues and constraints related to rural wastewater management and to identify feasible solutions and tools to improve the performance and sustainability of these projects. To address these needs, the World Bank has developed this guide for wastewater management in rural villages in China. The Guide is intended to be a useful resource for Chinese policy makers and practitioners.
Assessment of the Viability of PPPs and Sub-national Lending in Ghana
In 2011 the Ghanaian government issued a policy establishing Public Private Partnerships (PPPs) for the purpose of implementing infrastructure projects and improving the capacity of services provision. A World Bank Mission visited Ghana early in 2012 to assess the legal and practical feasibility of participation in PPPs at the sub-national level of the Government and the possibility that private commercial banks can provide non-sovereign financing to such PPPs.
Thai Flood 2011
This report outlines these findings, including damage and loss estimates and social and economic impacts, and proposes strategies for resilient recovery and reconstruction planning. Heavy rain combined with multiple tropical storms throughout the extended rainy season played a large part in the extensive flooding. Flash floods were reported in several areas in the north in May, and tropical depression Haima arrived in June followed by Nock-Ten in July, the combination of which caused widespread flooding.
South Africa Economic Update, November 2011
The global financial roller coaster, with the Euro zone as its lead car, has hit economic prospects across the globe. The South African economy, with its close links to the world economy, has suffered, too, resulting in weakened growth prospects, lower fiscal revenues, lower and more volatile valuation of the rand, and dampened external financing. This further compounds the policy challenges facing the authorities, on top of their preoccupation with unyielding unemployment, which requires higher and more inclusive economic growth.
Tax Reform in Vietnam
In 2010, after two decades of rapid economic growth, Vietnam passed the threshold to become a lower-middle-income economy. Sustained market-oriented reforms combined with intensive efforts to integrate into the world economy are among the key drivers of this achievement. The reform of tax policy and administration has been a vital part of this transition. This is leading to a fundamental change in the composition of taxpayers, from large state-owned enterprises (SOEs) and foreign-invested companies to a myriad of small and medium private enterprises.
Is Consanguinity an Impediment to Improving Human Development Outcomes?
This paper uses unique data collected in rural Pakistan to assess the extent to which consanguinity, which is widespread in North Africa, Central and West Asia, and most parts of South Asia, is linked to child cognitive ability and nutritional status. As economic benefits of marrying cousins may lead to upward bias in estimates of the effects of consanguinity on child outcomes, prior work likely underestimates the negative impacts of consanguinity on child outcomes.
Estimating Relative Benefits of Differing Strategies for Management of Wastewater in Lower Egypt Using Quantitative Microbial Risk Analysis
The report uses a theoretical model of a typical drainage basin, but the approach could be applied to many of the drainage basins managed by the holding company for water and wastewater in Egypt. This study set out to assess the relative health impacts of different wastewater management strategies on health in the Nile delta region using an approach similar to that used in the Ghana.