This regional study encompasses three
Central American countries: Nicaragua, Guatemala and
Honduras. The focus of this report is Guatemala. The study
is motivated by several factors: First is the recognition
that sub-national regions are becoming increasingly
heterogeneous, and economically differentiated as part of
ongoing processes of development and diversification, with
some areas advancing, and others being left behind. Second

Although the State of Ceara, in Brazil,
is a model of good economic, and fiscal performance given
its poverty status, recent analysis show poverty remains
severe, in spite of significant reductions over the last
decade. The combination of good governance, and sound fiscal
management, industrial promotion, and public investments
have been successful, but the report questions whether
different policies, could have led to higher growth, and

This report explores alternative ways to
finance municipal capital expenditures while maintaining
macroeconomic stability and fiscal discipline. It tries to
estimate the financing effort that municipalities will need
to make in order to meet the demand for infrastructure
services over the next five to 10 years, taking into account
the municipalities' expected resources from local
taxes, user charges, and intergovernmental transfers. The

The purpose ofthis report is to provide guidance to the staff of the World Bank's
Europe and Central Asia (ECA) Region with respect to mobilizing cultural assets to
support socioeconomic development in our country and regional work programs. To this
end it seeks to demonstrate how and when it makes sense for us to get involved in
activities related to cultural asset mobilization. Equally important, it also indicates how
and when we should leave cultural heritage activities to others. In particular, this report
addresses the following questions:

The major constraints to RNF growth,
according to a large survey of rural entrepreneurs,'
include (1) flood and natural disasters; (2) access to
electricity; (3) road conditions, (4) access to finance and
(5) transportation to markets. Bangladesh's
vulnerability to frequent floods and other natural disasters
severely hampers operations of more than a third of rural
firms. The next most important constraint to RNF growth is

The present study describes, and
quantifies the provision of basic urban services to the
poor, in three Central American cities in El Salvador,
Honduras, and, Panama. It also identifies priority areas for
government intervention, using specialized household surveys
to quantify current deficits, and to rank households from
poor to rich, using aggregate consumption as the measure of
welfare. The urban poverty profile is examined in each city,

Vietnam's ethnic minorities, who tend to
live mostly in remote rural areas, typically have lower
living standards than the ethnic majority. How much is this
because of differences in economic characteristics (such as
education levels and land) rather than low returns to
characteristics? Is there a self-reinforcing culture of
poverty in the minority groups, reflecting patterns of past
discrimination? The authors find that differences in levels

Albania provides a small amount of
social assistance to nearly 20 percent of its population
through a system that allows some community discretion in
determining distribution. This study investigates how well
this social assistance program is targeted to the poor.
Relative to other safety net programs in low-income
countries, social assistance in Albania is fairly well
targeted. Nevertheless, the system is hampered by the

Despite its healthy economic growth, due
to good macroeconomic management, and progress in trade
liberalization, Sri Lanka's development is perceived to
be well below its potential. Certainly, the civil conflict
has taken a heavy social, and economic toll on the
country's performance, but also governance, and public
institutions have weakened, though maintaining a dominance
on the financial sector, and utilities, which further

The authors present evidence that in
Burkina Faso, certain high-performing local institutions
contribute to equitable economic development. They link
reduced levels of poverty, and inequality to a high degree
of internal village organization. The structure of these
high-performing local organizations means they can exist in
a number of African countries, because they depend more on
internal participation, rather than on nay one

Following the East Asian financial
crisis, the Bank's involvement in Thailand intensified,
enabling a multifaceted stabilization, and structural reform
dialogue, which deepened the economic, financial, and sector
knowledge of the country. The study benefits from this
analytical work, and provides an overview on the ongoing
policy dialogue, regarding short- and medium-term reform,
through a number of instruments. To promote longer-term

In a globalizing world, cities at or
near the apex of the international urban hierarchy are among
the favored few--New York, London, and Tokyo--that have
acquired large economic, cultural, and symbolic roles. Among
a handful of regions that aspire to such a role--such as
Hong Kong, Miami, and Sao Paulo--Shanghai has reasonable
long-term prospects. If the Chinese economy can sustain its
growth rate, it will rival the United States in a few