Firms in Africa report "regulatory
and economic policy uncertainty" as a top constraint to
their growth. This paper argues that often firms in Africa
do not cope with policy rules, rather they face deals:
firm-specific policy actions that can be influenced by firm
actions (such as bribes) and characteristics (such as
political connections). Using Enterprise Survey data, the
paper demonstrates huge variability in reported policy

This note introduces an evolutionary
approach to economic and governance reform. It lays out two
especially prevalent trajectories that differ starkly from
one another in how they prioritize and sequence economic
growth, state building, and the development of civil society
and political institutions. The first trajectory focuses
initially on investments in state capacity. The second
initially prioritizes smaller, more catalytic entry points

This paper uses a growth diagnostics
approach à la Hausmann, Rodrik, and Velasco (HRV) to
identify the most 'binding' constraints to private
sector growth in Mongolia - a small, low-income,
mineral-rich, transition economy. The approach of applying
the HRV methodology is useful in those cases where a lack of
data prevents us from estimating shadow prices to identify
the most 'binding' constraint to growth. We find

Costa Rica's Program of Payments
for Environmental Services (Pago de Servicios Ambientales,
PSA) provides a unique opportunity to evaluate direct
payments as a conservation policy tool. This paper reports
evidence on how much more forest has been conserved in Costa
Rica as a result of PSA contracts with landowners. Such
evidence requires estimating a counterfactual outcome: how
much forest would have been preserved if there had been no

This study assesses the development
effectiveness of World Bank assistance in addressing
constraints to agricultural development in Africa over the
period of fiscal years 1991-2006. This Independent
Evaluation Group (IEG) review of World Bank assistance to
agriculture in Africa has a twofold purpose. First, it is a
pilot for the proposed IEG study on Bank-wide assistance in
agriculture scheduled for fiscal year 2009. Second, the

Carbon transactions are defined as purchase contracts or ERPAs (Emission Reductions Purchase Agreements) whereby one party pays another party in return for greenhouse gas (GHG) emissions reductions that the buyer can use to meet its compliance or corporate citizenship - objectives vis-a-vis GHG mitigation. Payment is made using one or more of the following forms: cash, equity, debt, or in-kind contributions.

Yemen is the second poorest country in
the Middle East and North Africa region, with 42 percent of
its population counted as poor in 1998. GDP has stagnated at
around US$530 per capita in real terms since 2002.
Unemployment, estimated at 11.5 percent in 1999, is expected
to have worsened as the population has climbed at 3 percent
a year and the labor force has burgeoned. Extreme gender
inequalities persist. Malnutrition is so severe that Yemeni

This survey report will help the
government of Afghanistan think through its approach to
private sector development. Historically, there has been a
dearth of information and reliable statistics about
Afghanistan's economy. This report reviews the
constraints that firms currently operating in Afghanistan
face and provides a basis for possible policy
recommendations to address these constraints. It is hoped

The primary goal of this Diagnostic Trade Integration Study (DTIS) is to provide a plan for reactivating Angola's productive sectors that reduces the country's reliance on imports while enabling the restoration of export capacity in the medium to long term. Executing such a plan will involve investing in the rehabilitation of infrastructure destroyed by war and making and adjusting policies that affect the institutional underpinnings of a market economy, as well as incentives for exporting and importing.

Through an analysis of selected topics,
this study aims to offer inputs for a successful recovery
strategy for the city and the metropolitan region of Sao
Paulo (MSRP) in Brazil. The study first presents an analysis
of the underlying factors of the economic transition in the
MRSP, highlighting the factors behind the recent performance
of the MRSP in terms of job creation and growth. Then, four
inputs that would lead to a 'recovery strategy'

There is compelling evidence of the
importance of gender equality for poverty reduction and
sustainable growth. So it should come as no surprise that
most development actors-international agencies, bilateral
donors, and most developing countries, have an official
policy for promoting gender equality. Millennium Development
Goal 3 (MDG3) on gender equality and women's
empowerment is shared global commitment. With only seven

A 2003 World Bank study, "Governance of Natural Resources in the Philippines," analyzed natural resources management and governance in the Philippines. It assessed sector policies, particularly property rights, institutions, and financing mechanisms as well as program implementation.