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

The last poverty assessment for Rwanda
was conducted in 1997. Three years after the genocide, the
country was characterized by deep and widespread poverty,
rock-bottom health indicators, and pervasive hunger and food
insecurity. In real terms, gross domestic product (GDP) per
capita was lower than it had been in 1960. In real terms,
the economy quadrupled between 1995 and 2013. Enrolment in
primary school is near universal and infant and child

This paper estimates the effect of
income inequality on real gross domestic product per capita
using a panel of 104 countries during the period 1970–2010.
The empirical analysis addresses endogeneity issues by using
instrumental variables estimation and controlling for
country and time fixed effects. The analysis finds that, on
average, income inequality has a significant negative effect
on transitional gross domestic product per capita growth and

This report presents to the Government
of Georgia (GoG) an analysis of the implications of
potential policy changes to internally displaced person
(IDP) assistance. A pressing question for policy makers in
Georgia is the sustainability of status-based IDP assistance
and what efforts can be made to tailor this assistance to
favor the poor and vulnerable. Elimination of the IDP
benefit has been subject to debate among policymakers. The

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

Today, the world is at a conjuncture where issues of exclusion and inclusion are assuming new significance for both developed and developing countries. The imperative for social inclusion has blurred the distinction between these two stylized poles of development. Countries that used to be referred to as developed are grappling with issues of exclusion and inclusion perhaps more intensely today than they did a decade ago. And countries previously called developing are grappling with both old issues and new forms of exclusion thrown up by growth.

This assessment presents a broad picture
of the main gender disparities in Bosnia and Herzegovina
(BiH) in endowments, economic opportunities, and agency. The
report builds on the framework of the 2012 World Bank World
Development Report 2012 on gender and development and the
World Bank’s regional gender report on Europe and Central
Asia: opportunities for men and women, that focuses on the
household and individual members’ bargaining power and their

The paper investigates determinants of
civic participation in local budget processes in rural areas
in the Kyrgyz Republic by using data from the Life in
Kyrgyzstan survey, conducted in 2012. The analysis of the
data suggests that although civic awareness and interest in
local budget processes is relatively high, the participation
rate in local budgeting processes is low. The paper also
shows that interest, awareness, and participation are

The Country Partnership Framework (CPF)
will succeed the Myanmar interim strategy note (FY13-14) and
be the first full country strategy for Myanmar since 1984.
This CPF comes at a time of great opportunity for Myanmar;
over the three year period covered in this CPF, the reforms
initiated in 2011 have the potential to bring Myanmar into a
new era of peace and prosperity. Myanmar s history, ethnic
diversity, and geography combine into a unique set of

Millions of coffee farmers and coffee
trading enterprises lack sufficient credit. This is partly
due to myriad challenges and considerable costs that formal
lending institutions face serving rural, often isolated
markets. A better understanding of coffee sector risks is
needed to respond with strategies, training, and tools that
can help farmers and enterprises, mitigate their exposure to
risk, and strengthen their resilience against inevitable

This paper uses a set of national
household surveys to study the regional Sub-Saharan Africa
distribution of consumption expenditure among individuals
during 1993 to 2008. The analysis puts the disparities in
living standards that exist among persons in Africa into
context with the disparities that exist within and between
African countries. Regional interpersonal inequality has
increased (from a Gini index of 52 percent in 1993 to 56

Since the early 2000s, Tanzania has seen
remarkable economic growth and strong resilience to external
shocks. Yet these achievements were overshadowed by the slow
response of poverty to the growing economy. Until 2007, the
poverty rate in Tanzania remained stagnant at around 34
percent despite a robust growth at an annualized rate of
approximately 7 percent. This apparent disconnect between
growth and poverty reduction has raised concerns among