Prior to the political and security
crisis of 2012, Mali, a large landlocked country in West
Africa already ranked among the poorest countries in the
world. In early 2012, the vast northern regions fell under
the control of extremist forces, while a coup d’état in
Bamako threw the country into political instability and
turmoil. A strong international military response in early
2013 prevented further destabilization, though part of the

The November 8, 2015 elections in
Myanmar marked a historic milestone in the country’s
political and economic transition that began in 2011.
Incoming policy makers are preparing to pick up the baton
and deliver on the people’s strong aspirations for a
harmonious and prosperous Myanmar. In this series of policy
notes, the World Bank Group seeks to promote dialogue on
critical development challenges and on options for policies

Central America is undergoing an
important transition, with urban populations increasingat
accelerated speeds, bringing pressing challenges as well as
opportunities to boost sustained,inclusive and resilient
growth. Today, 59 percent of Central America's
population lives in urban areas, but it is expected that
within the next generation 7 out of 10 people will live in
cities, equivalent to adding 700,000 new urban residents

The analysis of the distributional
impact of policy reforms on the well-being or welfare of
different stakeholder groups, particularly on the poor and
vulnerable, has an important role in the elaboration and
implementation of poverty reduction strategies in developing
countries. In recent years this type of work has been
labeled as Poverty and Social Impact Analysis (PSIA) and is
increasingly implemented to promote evidence-based policy

This report highlights recent economic
updates in Bangladesh as of April 2015. Economic growth in
Bangladesh was gaining momentum in the first half of FY15.
Capacity utilization improved and investments were showing
some signs of recovery. This growth was also job-friendly.
The 12-monthly-moving average inflation decelerated from 7.6
percent in February 2014 to 6.8 percent in February 2015.
The resilience of the Bangladesh economy continues to be

Georgia has an impressive growth record
but social vulnerabilities persist. It remains a challenge
to tackle social vulnerabilities within a sustained
macroeconomic framework. This programmatic public
expenditure review (PER) assesses the alignment of selected
fiscal programs with the government’s social objectives.
Building on the analysis and recommendations of the 2014
PER, this PER analyzes the impact of recent reforms

Africa is rapidly urbanizing and will
lead the world’s urban growth in the coming decades.
Currently, Africa is the least‐urbanized continent,
accommodating 11.3 percent of the world’s urban population,
and the Sub‐Saharan region is the continent’s
least‐urbanized area. However, the region’s cities are
expanding rapidly, by 2050; Africa’s urban population is
projected to reach 1.2 billion, with an urbanization rate of

This note is a summary of a report that
considers urban areas as the complement to rural areas that
will allow the Plurinational State of Bolivia to achieve the
goals set forth in its Patriotic Agenda for the Bicentennial
2025. The report uses data available at the national level
from censuses and household surveys from the National
Statistics Institute (INE) and the Social and Economic
Policy Analysis Unit of the Ministry of Development Planning

The Country Opinion Survey in Bolivia
assists the World Bank Group (WBG) in gaining a better
understanding of how stakeholders in Bolivia perceive the
WBG. It provides the WBG with systematic feedback from
national and local governments, multilateral/bilateral
agencies, media, academia, the private sector, and civil
society in Bolivia on 1) their views regarding the general
environment in Bolivia; 2) their overall attitudes toward

The inability to unlock natural resource
wealth for the benefit of developing countries’ local
populations, a phenomenon popularly known as the ‘resource
curse’ or the ‘paradox of plenty’, has spawned extensive
debate among researchers and policy makers in recent years.
There is now a well-established body of literature exploring
the links between natural resources and conflict, with some
sources estimating that over the past 60 years, 40 percent

This Country Partnership Framework (CPF)
sets out the World Bank Group (WBG) program for Albania for
the period FY15-19, aimed at supporting Albanias aspiration
to achieve equitable growth and integration into the
European Union. Albania emerged from the collapse of
isolationist communism in the early 1990s as one of the
poorest countries in Europe. The country then experienced
rapid growth of nearly 6 percent per annum, rising into the

The use of the phrase, ‘political
economy’ originates in Adam Smith’s Wealth of Nations and is
also found in the writings of David Ricardo and Karl Marx.
What is presently understood as ‘economics’ was, at that
time, termed ‘political economy’. This was understood to
mean ‘conditions of production organization in
nation-states’ (Acemoglu and Robinson, 2012, Beuran,
Raballand and Kapoor, 2011). Venerable scholars such as