The newly elected government takes
office at a time of stark economic challenges. The outfall
of the global economic crisis threatens to undo many of the
achievements of the recent past, derail convergence with the
European Union (EU), and heighten social vulnerability. The
election of a strong government offers a timely opportunity
to restore and broaden the economic reform agenda which had
been initiated before EU accession and but lost some

The present study examines the
challenges facing municipal governments in FYR Macedonia.
The introductory chapter provides some further context for
these developments, in terms of the challenges they pose
for urban areas and their governments. Chapter Two examines
issues for financial management of municipalities under the
decentralized regime, and the attendant need for improving
local government capacity. The third chapter highlights

The United Arab Emirates (UAE) was
selected as a case study because it is one of the countries
in the region that has had rapid success in scaling up
infrastructure in a relatively short period of time. Also,
the Government of Pakistan (GoP) is seeking to attract
participation of investors from the UAE into domestic
infrastructure projects. The study also briefly considers
the potential impact of the infrastructure development boom

This document presents the recently
elected Colombian administration with a set of policy notes
meant to enrich the debate around critical issues affecting
the country's development. These notes build mostly
upon existing research and represent the Bank's
independent view on topics which are either at the crux of
ongoing policy discussions or merit a more prominent place
in this dialogue. This window of opportunity provides a very

Even though it is widely recognized that
giving farmers more secure land rights may increase
agricultural investment, scholars contend that, in the case
of China, such a policy might undermine the function of land
as a social safety net and, as a consequence, not be
sustainable or command broad support. Data from three
provinces, one of which had adopted a policy to increase
security of tenure in advance of the others, suggest that

This report assesses Sri Lanka's
experience with decentralization to date and discusses
options for decentralization and implications for service
delivery in three sectors: roads, solid waste and health.
The selected sectors illustrate the considerations relevant
to the decentralization decision and its future direction.
The services selected cover a range of central, provincial
and local responsibilities in delivery and illustrate how

Most analyses of property rights and
economic development point to the negative influence of
insecure property rights on private investment. The authors
focus instead on the largely unexamined effects of insecure
property rights on government policy choices. They identify
one significant anomaly-dramatically higher public
investment in countries with insecure property rights-and
use it to make the following broad claims about insecure

Latin America missed opportunities for
rapid resource-based growth that similarly endowed
countries-Australia, Canada, Scandinavia-were able to take
advantage of. Fundamental to this poor performance was
deficient technological adoption driven by two factors.
First, deficient national "learning" or
"innovative" capacity, arising from low investment
in human capital and scientific infrastructure, led to weak

Environmental degradation can inflict
serious damage on poor people because their livelihoods
often depend on natural resource use and their living
conditions may offer little protection from air, water, and
soil pollution. At the same time, poverty-constrained
options may induce the poor to deplete resources and degrade
the environment at rates that are incompatible with
long-term sustainability. In such cases, degraded resources

The market system consists of a price
mechanism, built on the foundation of a system of property,
and contract. In many developing, and transition economies,
the market system functions poorly. In many cases, if not
most, the malfunctioning is not simply in the price system
(for example, anti-competitive activities), but in the
underlying property system (such as contracts being
breached, and externalities in the sense of transfers not

The main objective of the study is to
provide the Government of Senegal the analyses and
information to implement policies towards reducing the rural
poor's vulnerability. While during the latest years,
economic growth reduced poverty in the country, this has
been less noticeable among the rural population, who
actually account for 6 million people over a total
population of 10 million. The rural economy remains

Are the household characteristics that
are good for transition to a more diversified
market-oriented development process in Vietnam also
important for reducing poverty? Or are there tradeoffs? The
determinants of both poverty incidence and participation in
rural off-farm activities are modeled as functions of
household and community characteristics using comprehensive
national household surveys for 1993 and 1998. Despite some