The purpose of this paper is to contribute to theunderstanding and discussion of how the costs andbenefits of natural resource development are sharedacross society. This paper presents how IFC, as both aninvestor and a development organization, determineswhether benefits and costs are shared reasonably, and how this assessment influences IFC’s decision to invest ina particular natural resource project. the goal of the paper is to promotea broad, constructive dialogue across stakeholders—governments, investors, civil society, and others—around benefit sharing.

This study combines high-resolution, geo-spatial data and household data from the Vietnam Living Standard Measurement Surveys in 2010, 2012, and 2014 to investigate the relationship between environmental risks and poverty.

Uganda’s progress in reducing poverty from 1993 to 2006 is a remarkable story of success that has been well told. The narrative of Uganda’s continued, albeit it slightly slower, progress in reducing poverty since 2006 is less familiar. This was a period in which growth slowed as the gains from reforms years earlier had been fully realized, and weak infrastructure and increasing corruption increasingly constrained private sector competitiveness (World Bank 2015). This report examines Uganda’s progress in reducing poverty, with a specific focus on the period 2006 to 2013.

This study discusses the impact of economic geography and (low) population density on development outcomes in Mali and explores how policies to reduce poverty can be made more effective by taking these two factors into account. The crisis in north Mali which started in 2012 and continues to date has brought questions of economic geography to the center of attention.

In sub-Saharan Africa women comprise a large proportion of the agricultural labor force, yet they are consistently found to be less productive than male farmers. The gender gap in agricultural productivity-measured by the value of agricultural produce per unit of cultivated land-ranges from 4-25 percent, depending on the country and the crop.1 The World Bank Africa Gender Innovation Lab, UN Women, and the UNDP-UNEP Poverty-Environment Initiative jointly produced a report to quantify the cost of the gender gap and the potential gains from closing that gap in Malawi, Tanzania, and Uganda.

This report summarizes the results of the analytical work on housing market finance carried out by the World Bank Group at the request of the Ministry of Finance. The purpose of the work was to inform the policy dialogue about how best to develop a sustainable housing finance market in Nigeria, and improve the effectiveness of interventions aimed at stimulating the housing market and providing quality housing to the population. The work was funded by DFID and carried out over 2013 and 2014.

The primary purpose of this study was to profile residents and living conditions in novostroiki, or the rapidly growing areas of new self-built construction ringing Bishkek where more than one fourth of city residents now live, in order to identify the major problems and areas for potential future Bank and donor engagement. The study findings are based on analysis of results from a survey of 493 households in nine novostroiki established from 1989-1991, as well as focus group findings, a study of the institutional framework, and a study of sanitation.

World Bank Group President, James Wolfensohn addressed the Board of Governors. In the past year the Bank launched a new initiative—the Comprehensive Development Framework (CDF). The aim was to bring the social and the structural aspects of development together with the macroeconomic and the financial so as to establish a much more balanced and effective approach. The Bank will work with the broad development community—the United Nations, the European Union, bilaterals, regional development banks, civil society, and the private sector—to build genuine partnerships.

The study aims to assess the market for low and middle income housing finance in Bangladesh and identify the demand trajectory of this segment over the next 4 years. In addition, the report identifies factors that constrain the housing finance from serving low and middle income households.

James D. Wolfensohn, President of the World Bank Group, discussed that it is crucial to have economic growth and it is crucial to adhere to policies which are tried and true in terms of balance, in terms of equilibrium, in terms of monetary, and fiscal policy. The real issues are how can one deal with poverty within the framework of environmental sustainability, with inclusive and sustainable programs, with participation, and with results that can make a big enough difference.

James D. Wolfensohn, President of the World Bank Group, discussed what the Bank learned in coming to look at the issues of poverty and development. Development requires proper economic policies, but also the essential element of the social aspects and human aspects of society. The Bank’s focus is to think first in terms of poverty—fighting poverty with passion was adopted recently as the first line of our mission statement. Wolfensohn discussed an agenda for action on the issues of inclusion, corruption, transparency, education, knowledge, and private sector environment.

James D. Wolfensohn, President of the World Bank Group, discussed the international development framework; legal and justice system; financial supervision and control at the level of banks, financial markets, capital markets, leasing, and agricultural banks; and social safety net and a social structure to come up with programs for privatization in the former Soviet Union. Governments must be the dominant power in deciding the development agenda. In partnership with a country’s government, the Bank agrees upon a Comprehensive Development Framework.