This paper is motivated by the emphasis
on secure property rights as a determinant of economic
development in recent literature. The authors use village
and household level information from about 800 villages
throughout China to explore whether legal reform increased
protection of land rights against unauthorized reallocation
or expropriation with below-average compensation by the
state. The analysis provides nation-wide evidence on a

After a destructive civil war and
extreme political instability, Uganda began its
reconstruction process in 1987. Within the enabling
environment of macroeconomic stability, most of the progress
on the twin goals was attributable to higher agricultural
incomes. Poverty reduction among households primarily
engaged in agriculture accounted for 53 percent of the
reduction in poverty from 2006 to 2010 and 77 percent of the

In most countries, the private sector
owns the vast majority of the buildings and a considerable
portion of the infrastructure at risk. However, most
investment in disaster risk management is made by the public
sector, with the private sector lagging far behind. The
situation represents missed opportunities for businesses to
capture not only higher levels of the direct benefits of
disaster risk management, but also a broader set of

Three of sub-Saharan Africa’s central
economic realities motivate this study. First, agriculture
is the most important sector in most African economies, on
average accounting for nearly one-fourth of GDP. Second, the
private sector is increasingly active in transforming
African agriculture and economies. By 2030, agriculture and
agribusiness are anticipated to become a US$ 1 trillion
industry in Africa, delivering more jobs, income, and

Policies that enable rural communities
to participate in expanding economic opportunities can be
central to inclusive growth in Myanmar. Rural communities
are home to the majority of Myanmar’s population, the
majority of its many ethnic groups, and 70 percent of its
poor. Development in rural areas is constrained by low
returns to agriculture, and significantly lower levels of
public service delivery and human development outcomes

The author examine this relationship in
the context of agriculture in Ghana's Eastern Region.
Our work traces the connection from a set of complex and
explicitly negotiable property rights over land to
agricultural investment and, in turn, to agricultural
productivity. Using survey and focus group data, we find
that while the land tenure institutions may have some
benefits, they result in drastically lower productivity for

A synchronous growth slowdown has been
underway in emerging markets (EM) since 2010. Growth in
these countries is now markedly slower than, not just the
pre‐crisis average, but also the long‐term average. As a
group, EM growth eased from 7.6 percent in 2010 to 4.5
percent in 2014, and is projected to slow further to below 4
percent in 2015. This moderation has affected all regions
(except South Asia) and is the most severe in Latin America

The Indonesia Economic Quarterly (IEQ)
has two main aims. First, it reports on the key developments
over the past three months in Indonesia’s economy, and
places these in a longerterm and global context. Based on
these developments, and on policy changes over the period,
the IEQ regularly updates the outlook for Indonesia’s
economy and social welfare. Second, the IEQ provides a more
in-depth examination of selected economic and policy issues,

Well-managed urbanization can accelerate
Cote d’Ivoire’s ascendance to middle incomes. Such a large
gap in gross national income (GNI) per capita means that the
underlining economic drivers of urbanization are not being
fully harnessed in Cote d’Ivoire. Small cities at low
urbanization level facilitate internal scale economies, such
as hosting a large firm transforming local agricultural
products. Secondary cities at intermediate urbanization

The Country Policy and Institutional
Assessment (CPIA) Africa report describes the progress
African countries are making on strengthening the quality of
their policies and institutions. Some of the results from
this report include: The overall quality of policies and
institutions in countries in Sub-Saharan Africa was
unchanged in 2014, but there was much variation in
performance across countries. More than half the countries

Honduras’ recent economic performance
has been positive, especially taking into account the global
economic context. Real Gross Domestic Product (GDP) growth
accelerated from 2.8 percent in 2013 to 3.1 percent in 2014
and 3.6 percent in the first half of 2015. Growth has been
supported by improved terms of trade, higher remittance
inflows and export demand driven by the on-going recovery of
the United States (US), and improved investor confidence.

Mauritius has been a success story since
independence, moving from low income to uppermiddle-income
status. Close public-private partnerships facilitated
private sector-led growth in astable macroeconomic and
institutional environment. The government implemented an
activeindustrial policy to support private sector
competitiveness while exploiting global trade nichescreated
by preferential access arrangements. As a result, savings