For many developing countries, natural
resource exports such as oil, diamonds and copper continue
to be important drivers for economic growth and provide a
unique opportunity for generating revenues for much-needed
infrastructure and human development. Dependence on
extractive resources, however, may also increase the
likelihood of underdevelopment, fragility and conflict. The
challenges for managing these resources efficiently are

Myanmar grew at an estimated 8.5 percent
in real terms in 2014-15. Economic reforms have supported
consumer and investor confidence despite business
environment and socio-political challenges. The economic
impact of the floods that hit Myanmar from July 2015 is
still being assessed, but will likely adversely affect the
main rice crop this year. According to preliminary analysis
of census data, the areas most affected by the floods are

Transformational engagements are a critical pillar of the World Bank Group’s strategy for achieving its twin goals of extreme poverty elimination and shared prosperity. This learning product uses evaluative evidence from the Independent Evaluation Group (IEG) to understand the mechanisms and conditions for transformational engagements and the implications for the World Bank Group if it seeks to rely on such engagements to more effectively pursue its goals.

An efficient and transparent regulatory
framework governing international trade is a necessary
condition for countries to realize the benefits of
international trade. Over the last decade, Lao PDR has been
deepening its economic ties with the global economy through
the formal accession to the WTO in 2013. At the regional
level, the country is committed to be full member of the
ASEAN Economic Community. These agreements entailed profound

The primary aim of this evaluation is to
develop lessons from the Bank’s experience in the three
selected countries of Columbia, Tunisia, and Turkey
regarding assistance aimed at employment creation and
earnings growth. The evaluation focuses on employment
creation and earnings growth because these have a strong
bearing on the extent to which the central objective of
poverty reduction is achieved. The evaluation assesses the

These organizations have joined together to recommend the principles presented below. The document concludes with anticipated next steps, which point toward a toolkit of best practices, guidelines, governance frameworks, and possibly codes of practice by the major sets of private actors.

This report analyzes the experience of
Ethiopia with the Poverty Reduction Strategy Paper (PRSP)
process. The focus of the report is on evaluating the
performance of the World Bank in supporting the PRSP
initiative, not on appraising the authorities’ policies. The
emphasis of the report is on the formulation and
implementation of the PRSP until the time of the evaluation
team’s mission to Ethiopia in mid-2003. The report is

The Operations Evaluation Department
(OED) is an independent unit within the World Bank. The
goals of evaluation are to learn from experience, to provide
an objective basis for assessing the results of the Bank’s
work, and to provide accountability in the achievement of
its objectives. This report on the Post-Conflict Fund (PCF)
is one of twenty six case studies that have been prepared as
source material for the second phase of OED’s independent

The Investment Climate Study is a
evaluation of the Operations Evaluation Department (OED).
The OED report reviews the Bank’s investment climate lending
and non-lending activities during fiscal years 1993 through
2002-03. The report presents the collected findings of
several evaluative exercises: a literature review; an
analysis of investment climate themes in country assistance
strategies and sector strategies; an analysis of lending

(covering the activities of IBRD/IDA), the Operations Evaluation Group (covering IFC), and
the Operations Evaluation Unit (covering MIGA). The purpose of the evaluation is to assess
the effectiveness of the World Bank Group (WBG) in helping its member countries improve
their investment climates, within the context of the WBG’s overall mission of poverty
reduction and sustainable development. Its findings and recommendations provide guidance for
the WBG’s future strategy and activities in this area. The evaluation was conducted in parallel

The paper analyzes the linkages between the reform strategies in transition countries and
economic performance. We focus on agriculture because of the sharpness of the policy
changes, fundamental differences among countries, and relative simplicity of agricultural
relationships. We document post reform performance in the transition countries of Asia and
Europe. We show how: a.) pricing reform and subsidy reductions; b.) land rights reform
and policies that affect farm restructuring; and c.) the presence institutions that facilitate

Production in 2004 was actually running
higher than consumption prior to 1995 and this has caused the existence of a world surplus of
baled cotton in the form of stocks in warehouse. It is the existence of these “ending stocks” that
has a large effect on the international price of cotton. Consumption began to
outpace production in 2001 to 2003 period and this, mixed with crop disasters in various regions,
caused the international price to rise. The reaction from many countries was to increase