Natural resource abundance can lead to
strong economic growth if resource rents are well invested
in physical assets and other forms of productive capital.
This paper focuses on the case of the resource-abundant
economies in Eurasia, which has been less documented in the
literature on natural resource-led development than other
parts of the world. The analysis shows that the stock of
productive physical assets is relatively low, contrary to

This basic Agriculture Public
Expenditure Review (AgPER) documents and analyzes
information on the volume and structure of Liberia's
past public expenditure on the agriculture sector and draws
conclusions that can provide an orientation for future
policies in view of the effectiveness of spending. The
AgPER's focus is on the sectors of agriculture,
including crops, fisheries, and forestry, in line with the

Ghana, like many other African
countries, had made a commitment in 2003 to allocate at
least ten percent of their national budgetary resources to
develop the agricultural sector by 2008, following the
adoption of the Comprehensive African Agriculture
Development Programme (CAADP), with an aim towards realizing
food security and poverty reduction. This Agriculture Public
Expenditure Review (AgPER) for Ghana analyzes data on public

Kazakhstan aspires to become one of the
world s 30 most developed economies by 2050. The focus is on
laying the basis for the accelerated diversification of the
economy through industrialization and infrastructure
development, including enhancing human capital to drive
innovation and economic efficiency. This country economic
memorandum report adopts an analytical framework that looks
into options that will be explored to help authorities think

This paper presents simulations for the
period 2013-2030 of measures that permit increased spending
on infrastructure and human development, the priority areas
in Liberia's 2013-2017 "Agenda for
Transformation" and for its national vision, Liberia
Rising 2030. The simulations are carried out with a Liberian
version of MAMS (Maquette for Millennium Development Goals
Simulations), a Computable General Equilibrium model.

In Africa, farmers have been reluctant
to take up new varieties of staple crops developed to boost
smallholder yields and rural incomes. Low fertilizer use is
often mentioned as a proximate cause, but some believe the
problem originates with incomplete input markets. As a
remedy, African governments have introduced technology
adoption programs with fertilizer subsidies as a core
component. Still, the links between market performance and

The Philippines already experiences and
will continue to face impacts from climate change. In the
decades ahead, the most serious consequences will be felt in
coastal and urban areas. Severe hardships are expected in
agriculture and fisheries, leading to negative impacts on
jobs and the economy. With these risks in mind the
Philippine Government has initiated significant climate
reforms, establishing a basis for transformation. To assess

The forestry sector in Moldova faces
significant governance and sustainability challenges. The
insufficient level of forest coverage in Moldova has a
serious impact on environment and overall economic growth in
the country. The situation is exacerbated by the reportedly
intense pressure on forest resources exerted by the human
factor. Illegal logging and grazing are considered as
significant factors that contribute to forest loss. There is

Following a strong performance in 2012,
Malaysia's economy hit a soft patch in the first
quarter of 2013. Economic growth has been supported by the
strong, broad-based performance of domestic consumption and
investment from public and private sources. The acceleration
of investment growth has been a key feature of the recent
growth trend. Public and private consumption has also
underpinned growth. Accommodative fiscal and monetary

Pakistan's rebound from the global
financial crisis has been slow and fragile, and unless it
changes course swiftly, it could face the prospects of a
second balance of payments crisis in less than five years.
Its recovery from the 2008-09 global financial crisis has
been the weakest in South Asia, featuring a unique
double-dip growth pattern. With high fertility, Pakistan
will double the size of its already young population by

The majority of firms in most developing
countries are informal. The authors of this paper conducted
a field experiment in Sri Lanka that provided incentives for
informal firms to formalize. Offering only information about
the registration process and reimbursement for direct
registration costs had no impact on formalization. Adding
payments equivalent to one-half to one month's profits
for the median firm led to registration of around one-fifth

This report evaluates the requirements
for an assessment of climate change impacts on agriculture
to guide policy makers on investment priorities and phasing.
Because agriculture is vital for national food security and
is a strong contributor to Brazil's GDP growth, there
is growing concern that Brazilian agriculture is
increasingly vulnerable to climate variability and change.
To meet national development, food security, climate