Reconstruction is slowly replacing oil production as a driver of growth in the wake of the twin shocks of the ISIS war and oil revenue decline which caused a deep recession in the non-oil economy. OPEC...
Tunisia has made important strides to advance its democratic transition, but the country remains fragile to economic, security and social shocks. Growth has been too low to make a significant dent in unemployment,...
This brief discusses refugee welfare in Middle East and North Africa (MENA). Refugee flows can significantly alter the social and economic fabric of host communities, with the impact depending on initial...
Type: BriefReport#: 125157Date: April 1, 2018Author:
Mottaghi,Lili
The impetus to growth from the initial recovery following the 2014 war has ended resulting in growth dropping to 2.4 percent in Palestine in Q32017. At 27 percent, unemployment continues to bestubbornly...
Kuwait's economy contracted by an estimated 1 percent in 2017 as OPEC-related oil production cuts weighed on growth. However, growth should gradually recover to about 3 percent in the medium term, supported...
The Middle East and North Africa (MENA) is among the world’s most vulnerable regions to climate change. The region is projected to experience increasing temperatures, water stress, and instances of extreme...
Type: BriefReport#: 125368Date: April 1, 2018Author:
Sieghart,Lia Carol ;
Betre,Mahlette Mussie ;
Mizener,Joseph Allen
Financing infrastructure in emerging markets is a critical global challenge for sustainable development. Through a new International Finance Corporation (IFC) program, private institutional investors can...
Industrial location responds to many factors, including geography, transport, logistics and ease of integration into global value chains, domestic market size and agglomeration potential, labor and management...
Type: BriefReport#: 140248Date: April 1, 2018Author:
Gelb,Alan Harold ;
MeyerChristian J. ;
Ramachandran,Vijaya ;
Wadhwa,Divyanshi
In this Knowledge Brief, authors discuss ways in which youth employment programs can make strategic use of their data. This Brief is part of the Solutions for Youth Employment (S4YE) Knowledge Brief series,...
Type: BriefReport#: 146609Date: April 1, 2018Author:
Romero, Jose Manuel ;
Carter,Danielle Patrice ;
Mnif, Ali
The Kingdom of Saudi Arabia is proceeding swiftly on its ambitious multifaceted reform agenda. In 2018, authorities are continuing their commitment to the OPEC deal, which is in place throughthe end of...
This poverty and equity brief explains about the latest available Household Income and Expenditure Survey (HIES) data for Tuvalu are from 2010. Using the upper middle income class poverty line, the lower...
This poverty and equity brief explains about Poverty rates in Fiji are among the lowest in the Pacific. Estimates suggest that less than 2 percent of the population wed in extreme poverty in 2013-14 using...
This issue of Indonesia MTI Economic Note contains economic highlights, including: Indonesia’s economy expanded 5.1 percent yoy in Q1, marginally slower than 5.2 percent growth in Q4 2017; gross fixed...
The growth in electricity demand in the Kyrgyz Republic is outpacing supply; in 2014, the country went from being a net power exporter to a net importer. The sector is in poor financial shape with aging...
Type: BriefReport#: 125934Date: April 1, 2018Author:
ESMAP
Jordan's economy remains in a low-growth scenario. Improvements in tourism and mining and quarrying are expected to have driven timid improvement in growth in 2017; however, the economy remains burdened...
The relative economic improvement in 2017 remains fragile, as sustaining this dynamic depends crucially on a political resolution that in the current context seems hard to reach. The macroeconomic framework...
At the heart of International Finance Corporation’s (IFC’s) approach to blended finance are efforts to create and help sustain private markets with strong development impact. This note explores the role...
Type: BriefReport#: 125904Date: April 1, 2018Author:
Sierra-Escalante,Kruskaia ;
Lauridsen,Morten Lykke
Real GDP growth in 2017 remained broadly flat due to Oman’s participation in the OPEC oil production cuts and fiscal austerity. The current account deficit has narrowed but remains large. Similarly, the...
A newly drafted national development plan (NDP) or poverty reduction strategy (PRS), provide opportunities to deploy monitoring systems through online access to dynamic progress reports on priority programs....
The World Bank Group’s Country Partnership Framework in Lao PDR (2017-2021) focuses on three main focus areas and one crosscutting theme: Supporting inclusive growth, Investing in people,Protecting the...
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