Using cross-country and panel regressions, the authors show that financial sector development significantly reduces undernourishment (hunger), largely through gaining farmers and others access to productivity-enhancing equipment, translating into beneficial income and general effects. They show specifically that a deeper financial sector leads to higher agricultural productivity, including higher cereal yields, through increased fertilizer and tractor use. Higher productivity in turn leads to lower undernourishment.

The authors describe and analyze river basin management in the Guadalquivir River Basin in Spain. The Guadalquivir river flows westerly across southern Spain, with nearly all of its 57,017 k

The provision of public goods and the amelioration of market failure are the classical justifications for government intervention in the economy. In reality, (1) governments intervene in markets that are not affected by failure, and (2) a large share of the government resources is spent in private goods, not in public goods. In contrast to issue 1, issue 2 has received little attention in the literature, in spite of the potentially large efficiency and equity losses arising from misguided allocations of public expenditures.

Although private forest use in Brazil has been regulated at least since the Forest Code of 1965, cumulative deforestation in the Brazilian Amazon reached 653,000 k

This report analyzes the
government's decision on the outcome of a series of
small power shifts triggered by pro-reform players. Reform
advocates devised them whenever opportunities arose and used
whatever maneuvering room there was to tilt the power
balance between agency and farmers to further the goals of
sustainability and partnership. The shifts were thought out
for their strategic value, but most came without a timeline

This paper uses the Ricardian approach
to examine how farmers in 11 countries in Africa have
adapted to existing climatic conditions. It then estimates
the effects of predicted changes in climate while accounting
for whatever farmer adaptation might occur. This study
differs from earlier ones by using farmers' own
perceptions of the value of their land. Previous research,
by contrast, has relied on either observed sale prices or

Successive armed conflicts, which lasted
almost three decades after independence, have devastated
Angola and its economy. However, since the peace accord of
April 2002, Angolans have begun a transition toward national
reconciliation and lasting peace. For the Government of
Angola (GoA), one of the main challenges ahead is to
reconstruct the economy and reunite society after a war that
has left its most visible marks on the millions of displaced

A major objective of this report is to provide a deeper, more policy relevant understanding of the welfare impacts of the coffee crisis - including the effects of the crisis on household income, consumption, poverty, as well as on basic human development outcomes, such as education and child nutrition. To do this, the study has generated a body of new empirical evidence, drawing from an unusually rich collection of household survey data from El Salvador, Guatemala, Honduras, and Nicaragua.

There is still a long road ahead before all Indonesian's can benefit from the full potential of ICT. That road seems even longer to rural women. Despite some improvements in access and the rapid deployment of lower cost wireless technologies, not much has changed in rural areas of Indonesia. Infrastructure in rural areas is limited and existing services are expensive and practically outside of rural women's reach. Women still face enormous barriers and access to communications and information relevant to their realities is very limited.

Following the endorsement of the Millennium Development Goals, there is an increasing demand for methods to track poverty regularly. This paper develops an economically intuitive and inexpensive methodology to do so in the absence of regular, comparable data on household consumption. The minimum data requirements for the methodology are the availability of a household budget survey and a series of surveys with a comparable set of asset data also contained in the budget survey. The methodology is illustrated using a series of Demographic Health Surveys from Kenya.

Despite sustained output growth since 1997, low-income Commonwealth of Independent States (CIS) countries (CIS-7) have not experienced growth in employment, a phenomenon observed elsewhere in transitional economies and labeled as "jobless growth." The author addresses the causes of this phenomenon in the CIS-7. He argues that the lack of job creation is explained by a combination of structural factors, including capital-intensive growth, large potential for productivity gains among existing workers, and compartmentalized economies best depicted by a dual labor market framework.

The authors describe and analyze management in the Murray-Darling basin of Australia, long regarded as a model for integrated river basin management. This interior basin of over 1 million k