With the exception of Sub-Saharan
Africa, Latin America and the Caribbean has been one of the
regions of the world with the greatest inequality. This
report explores why the region suffers from such persistent
inequality, identifies how it hampers development, and
suggests ways to achieve greater equity in the distribution
of wealth, incomes and opportunities. The study draws on
data from 20 countries based on household surveys covering

The objective of the Botswana Investment
Climate Assessment (ICA) is to evaluate the investment
climate in Botswana in all its operational dimensions and
promote policies to strengthen the private sector. The
investment climate is made up of the many location specific
factors that shape the opportunities and incentives for
firms to invest productively, create jobs, and expand. These
factors include macroeconomic and regulatory policies; the

The World Bank's revised forest
policy came into being in 2002 and covers all types of
forests. It has the following key objectives: (i) harnessing
the potential of forests to reduce poverty in a sustainable
manner; (ii) integrating forests effectively into
sustainable development; and (iii) protecting vital local
and global environmental services and values. The policy
enables the bank to fully engage in forestry throughout the

This report studies the impact that gender differences in Bangladesh have on access to energy and energy services and the consequences of these impacts based on review of recent literature on the matter. The report concludes that the structural gender differences that arise from cultural and religious norms can lead to various impacts in access to energy services which in turn can have long term consequences on women and all these factors must be considered while designing rural energy- gender projects.

The main objective of this paper is to provide estimates of the cost of moving out of subsistence for Madagascar's farmers. The analysis is based on a simple asset-return model of occupational choice. Estimates suggest that the entry (sunk) cost associated with moving out of subsistence can be quite large - somewhere between 124 and 153 percent of a subsistence farmer's annual production.

While there exists sizeable literature documenting the importance of ethnic networks for international trade, little attention has been devoted to studying the effects of networks on foreign direct investment (FDI). The existence of ethnic networks may positively affect FDI by promoting information flows across international borders and by serving as a contract enforcement mechanism. This paper investigates the link between the presence of migrants in the United States and U.S. FDI in the migrants' countries of origin, taking into account the potential endogeneity concerns.

This report provides an assessment of
damages and needs resulting from the earthquake that struck
India on the 8m of October 2005. It provides a preliminary
estimate of the total cost of damage identifies the needs
for reconstruction and discusses strategies and guiding
principles for the implementation for a program of
reconstruction, the whole based on a need to mitigate future
impact of natural disasters through the strengthening of

This issues paper discusses a gender
assessment exercise carried out in April-June 2005. It
provides the government of Mali and its partners with
proposals aimed at improving policies and activities that
promote gender equity and equality (GEE). The study is
divided into four sections: Section 1 presents the national
context within which the study falls; Section 2 deals with
the gender profile in Mali; Section 3 addresses the

During the past decade, the use of
conditional cash transfer programs to increase investment in
human capital has generated considerable excitement in both
research and policy forums. This article surveys the
existing literature, which suggests that most conditional
cash transfer programs are used for essentially one of two
purposes: restoring efficiency when externalities exist or
improving equity by targeting resources to poor households.

Over the medium time horizon, skill upgrading, differentials in sectoral technological progress, and migration of labor out of farming activities are some of the major structural adjustment factors shaping the evolution of an economy and its connected poverty trends. The main focus of the authors is understanding, for the case of Brazil, how a trade shock interacts with these structural forces and ascertaining whether it enhances or hinders medium-term poverty reduction.

The importance of distributional issues in policymaking creates a need for empirical tools to assess the social impact of economic shocks and policies. This paper reviews some of the modeling approaches that are currently in use at the World Bank and other international financial institutions. The specification of these models is dictated by the issues at stake, the knowledge about the nature of the process involved, and the availability and reliability of relevant data. Furthermore, shocks and policies have macroeconomic, structural, and distributional implications.

The author surveys the empirical literature on the political economy of agricultural protection. He uses a detailed data set of agricultural Political Action Committee (PAC) contributions over five U.S. congressional election cycles over the 1991-2000 period to investigate the relationship between lobbying spending and agricultural protection. A detailed graphical analysis of campaign contributions by the agricultural PACs indicates that although there are very many PACs, in most sectors the majority of contributions are made by very few PACs.