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Publisher: World Bank Publications
ISBN: 0821372882
Category : Social Science
Languages : en
Pages : 162
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Book Description
The World Bank's support in fostering growth and reducing poverty has contributed to the considerable economic success of MIC countries. But to produce greater development benefits, it has to become more agile and draw upon MICs' own capacity much more systematically, connecting such capabilities to help low-income countries and to tackle global challenges. The Bank's work has to more clearly demonstrate best practice to deliver impact beyond its limited direct role.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Middle income countries (MICs) are facing rapidly evolving development challenges as their economist mature and integrate into the global economy. As a group, the 86 MICs account for about one -- fifth of world output, and their per capita income has grown by almost 4 percent annually since 1995. Yet there are still home to one -- third of the world's poorest citizens, living on less than $2 per day. The World Bank has provided US$163 billion in loans to these countries since 1995 and it allocates about half of its administrative budget to working with them. Today, as a group these countries have far more choice than they did even 10 years again obtaining both finance and knowledge for development. With the dramatic changes in the global context, many stakeholders and outside commentators have began to propose that the Bank change its relationship with this group -- with proposals ranging from strengthened engagement to withdrawal. This IEG evaluation brings a fresh perspective to the debate by assessing the development effectiveness of the Bank's recent work. It presents evidence -- including views from the client countries themselves -- about the outcomes of the Bank's support to individual countries over the pats 12 years. It also spotlights three growing dimensions of the Bank Group's role -- sharing knowledge across countries, engaging countries in global programs, and combining support to the public and private sectors.
Author:
Publisher: World Bank Publications
ISBN: 0821372882
Category : Social Science
Languages : en
Pages : 162
Get Book Here
Book Description
The World Bank's support in fostering growth and reducing poverty has contributed to the considerable economic success of MIC countries. But to produce greater development benefits, it has to become more agile and draw upon MICs' own capacity much more systematically, connecting such capabilities to help low-income countries and to tackle global challenges. The Bank's work has to more clearly demonstrate best practice to deliver impact beyond its limited direct role.
Author: Roger Detels
Publisher: Oxford University Press
ISBN: 019881013X
Category : Medical
Languages : en
Pages : 1717
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Book Description
Sixth edition of the hugely successful, internationally recognised textbook on global public health and epidemiology, with 3 volumes comprehensively covering the scope, methods, and practice of the discipline
Author: Michael J. Handel
Publisher: World Bank Publications
ISBN: 1464809097
Category : Education
Languages : en
Pages : 288
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Book Description
To stimulate economic advancement, low- and middle-income countries need well-educated and trained workforces to fill the types of skilled jobs that drive economic growth. Improving educational quality and attainment and providing better training are all rightly put forth as policy recommendations to leverage economic growth and job creation. However, new findings based on large scale surveys of adult skills from the World Bank Group’s STEP (Skills toward Employment and Productivity) Skills Measurement Program suggest that many workers are overqualified for their current jobs (based on the education those jobs require). The results of this study suggest that countries may not reap as much benefit from their investments in quality education and training if weak job creation leaves workers’ skills underutilized. Most of the literature on mismatch focuses on higher-income countries and rates of over-education among college graduates. Accounting for Mismatch in Low- and Middle-Income Countries uses new STEP Skills Survey data from 12 low- and middle-income countries, representing a range of economic and educational and training climates, to better understand the scope and patterns of education and skills mismatch. STEP collects information not only on workers’ level of education and employment status, but also on the types, frequency, and durations of tasks they carry out at their jobs as well as some of the cognitive skills they use. The study also explores additional factors such as gender, health, career stage, and participation in the informal labor sector that may help explain the degree of mismatch rates. The study’s findings indicate that over-education is common in low and middle income countries with both lower and higher rates of educational attainment. There is also evidence that over-educated tertiary workers do not use all of their skills, potentially wasting valuable human capital and educational resources. Aimed at policy makers, business and education leaders, and employers, Accounting for Mismatch in Low- and Middle-Income Countries suggests that job growth must go hand-in-hand with investments in education and training.
Author: World Bank
Publisher: World Bank Publications
ISBN: 0821384406
Category : Business & Economics
Languages : en
Pages : 417
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Book Description
The 2011 WDR on Conflict, Security and Development underlines the devastating impact of persistent conflict on a country or region's development prospects - noting that the 1.5 billion people living in conflict-affected areas are twice as likely to be in poverty. Its goal is to contribute concrete, practical suggestions on conflict and fragility.
Author: Randall Peerenboom
Publisher: Cambridge University Press
ISBN: 1107028159
Category : Business & Economics
Languages : en
Pages : 399
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Book Description
This interdisciplinary volume addresses the special challenges that middle-income countries confront from both a theoretical and a practical perspective.
Author: World Bank
Publisher: World Bank Publications
ISBN: 0821368095
Category : Business & Economics
Languages : en
Pages : 390
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Book Description
The world's demand for food is expected to double within the next 50 years, while the natural resources that sustain agriculture will become increasingly scarce, degraded, and vulnerable to the effects of climate change. In many poor countries, agriculture accounts for at least 40 percent of GDP and 80 percent of employment. At the same time, about 70 percent of the world's poor live in rural areas and most depend on agriculture for their livelihoods. 'World Development Report 2008' seeks to assess where, when, and how agriculture can be an effective instrument for economic development, especially development that favors the poor. It examines several broad questions: How has agriculture changed in developing countries in the past 20 years? What are the important new challenges and opportunities for agriculture? Which new sources of agricultural growth can be captured cost effectively in particular in poor countries with large agricultural sectors as in Africa? How can agricultural growth be made more effective for poverty reduction? How can governments facilitate the transition of large populations out of agriculture, without simply transferring the burden of rural poverty to urban areas? How can the natural resource endowment for agriculture be protected? How can agriculture's negative environmental effects be contained? This year's report marks the 30th year the World Bank has been publishing the 'World Development Report'.
Author: Mr.Shekhar Aiyar
Publisher: International Monetary Fund
ISBN: 1484315804
Category : Business & Economics
Languages : en
Pages : 64
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Book Description
The “middle-income trap” is the phenomenon of hitherto rapidly growing economies stagnating at middle-income levels and failing to graduate into the ranks of high-income countries. In this study we examine the middle-income trap as a special case of growth slowdowns, which are identified as large sudden and sustained deviations from the growth path predicted by a basic conditional convergence framework. We then examine their determinants by means of probit regressions, looking into the role of institutions, demography, infrastructure, the macroeconomic environment, output structure and trade structure. Two variants of Bayesian Model Averaging are used as robustness checks. The results—including some that indeed speak to the special status of middle-income countries—are then used to derive policy implications, with a particular focus on Asian economies.
Author: Aidar Abdychev
Publisher: International Monetary Fund
ISBN: 1475547188
Category : Business & Economics
Languages : en
Pages : 29
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Book Description
Many small middle-income countries (SMICs) in sub-Saharan Africa (SSA) have experienced a moderation in growth in recent years. Although factor accumulation, most notably capital deepening, was crucial to the success of many SMICs historically, this growth model appears to have run its course. The analysis in this paper suggests that the decline in the contribution of total factor productivity (TFP) to growth is largely responsible for the slowdown in trend growth in many SMICs, which highlights the need for policy actions to reinvigorate productivity growth. This paper explores the question of what kind of structural policies could boost productivity growth in SMICs and the political economy factors that may be contributing to the slow implementation of these critical reforms in these countries. The findings suggest that although macroeconomic stability and trade openness are necessary for productivity growth, they are not sufficient. SMICs need to improve the quality of their public spending, most notably in education to minimize the skill mismatch in the labor market, reduce the regulatory burden on firms, improve access to finance by small and medium-sized enterprises and create the enabling environment to facilitate structural transformation in these economies.
Author: Hafiz Muhammad Abubakar Siddique
Publisher:
ISBN:
Category :
Languages : en
Pages : 19
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Book Description
Health and education are indispensable factors for economic growth. This study examines the role of health and education in economic growth for 76 middle income countries during 1991-2016, using fixed and random effect approaches. The empirical findings demonstrates that a progressive link among life expectancy and economic growth while inverse association exists between infant mortality and economic growth. The outcomes of FE and RE models stated that secondary and tertiary level education contribute to increase in economic growth. The results also shows capital's encouraging impact on growth, while the labor has negative influence to economic growth. The impact of life expectancy, infant mortality, enrollment in secondary and tertiary education on economic growth is stronger in upper middle income countries (UMIC) with comparison to lower middle income countries (LMIC). The study recommended that economies should focus on education and better health facilities towards betterment especially in lower income states.
