The newly elected government takes
office at a time of stark economic challenges. The outfall
of the global economic crisis threatens to undo many of the
achievements of the recent past, derail convergence with the
European Union (EU), and heighten social vulnerability. The
election of a strong government offers a timely opportunity
to restore and broaden the economic reform agenda which had
been initiated before EU accession and but lost some

With favorable geographical location,
macroeconomic stability, debt reduction, progress on
structural reforms, and political stability, Benin will seem
to have the foundations for a dynamic, diversified economy.
Yet the country's economic structure has not evolved,
remaining highly dependent on cotton and transit trade, and
per-capita growth has slowed down in recent years. The
government has requested the World Bank's assistance in

Business development has been one of the main forces behind rapid poverty reduction in Vietnam. Together with the redistribution of agricultural land, and the broad coverage of social services, it allowed a large fraction of the population to engage in more productive occupations and raise their living standards. But businesses are still struggling with important constraints.

The objective of this study is to
accompany Malagasy authorities in their transition towards
economic emergence. If the contribution of foreign capital
and the abundance of natural resources should help the
Malagasy economy escape from the poverty trap by increasing
its domestic savings and investment capacities, as well as
its technological capacities. International experience
reminds us that this transition is far from being automatic.

The present study examines the
challenges facing municipal governments in FYR Macedonia.
The introductory chapter provides some further context for
these developments, in terms of the challenges they pose
for urban areas and their governments. Chapter Two examines
issues for financial management of municipalities under the
decentralized regime, and the attendant need for improving
local government capacity. The third chapter highlights

Well-functioning groups enforce social
norms that restrain opportunism, but the social structure of
a society may encourage or inhibit norm enforcement. This
paper studies how the exogenous assignment to different
positions in an extreme social hierarchy - the caste system
- affects individuals' willingness to punish violations
of a cooperation norm. Although the analysis controls for
individual wealth, education, and political participation,

The recent surge in food and fuel prices
has prompted countries with high dependence on food imports
to try and lock in future food supplies through direct
investment in agricultural production in other countries.
The price surges also led to a wave of proposals to invest
in biofuels investments in agricultural land. While such
investment can provide large benefits, it also carries
considerable risks both to investors and citizens in the

Liberia is a rich country, badly
managed. This is a favorite comment of President Ellen
Johnson-Sirleaf and an accurate one. The bad management is
well-known, though perhaps not its duration and depth.
Created in 1847, the country is far older than almost all
others in sub- Saharan Africa. But for most of this time, it
was ruled by an elite descended from African-American
settlers who ignored or exploited the indigenous people. The

Doing Business in Egypt 2008 covers
three topics at the sub national level: starting a business,
dealing with licenses and registering property. These
indicators have been selected because they cover areas of
local jurisdiction and practice. In the last two years,
doing business in Egypt has become more affordable the
minimum capital required to start a business and the costs
of registering property and dealing with licenses have been

The Forests Sourcebook is divided into
two parts. The first contains an introduction to the book
plus seven chapters covering topics associated with
enhancing the contribution of forests to poverty reduction,
engaging the private sector, meeting the growing demand for
forest products, optimizing forest functions at the
landscape level, improving forest governance, mainstreaming
forest considerations into macro policy dialogue, and

This policy note, Environmental
Management for a Sustainable Economic Development Strategy
for Nanggroe Aceh Darussalam, investigates six environmental
management topics which will affect the capacity of the
province to develop the economy and need to be underpinned
by strong environmental and natural resource management. The
six topics cover: agriculture, forestry, fisheries, land and
water, environmental law and regulations, and spatial

At the request of the Government of
Egypt (GOE), the objective of this brief note is to provide
concise recommendations on next steps for the National
Housing Program (NHP). These recommendations and policy
analysis are an elaboration of the framework for housing
policy reform in urban areas in Egypt, a draft of which was
endorsed by the Ministry of Housing, Utilities and Urban
Development (MHUUD) and the Ministry of Investment (MOI) in