Since the industrial revolution, the
economic development of Western Europe and North America was
characterized by continuous urbanization accompanied by a
gradual phasing-in of urban land property rights over time.
Today, however, the evidence in many fast urbanizing
low-income countries points towards a different trend of
“urbanization without formalization”, with potentially
adverse effects on long-term economic growth. This paper

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

The 2014-2015 Romania Regional
Development 2 Program is the continuation of the World
Bank’s technical assistance to the Ministry of Regional
Development and Public Administration (MRDPA). Building on
the previous engagement, the current work addresses a
fundamental question: given Romania’s persistent development
challenges, how can the country do more with less when it
comes to the public infrastructure it needs? The key is to

Maldives is an island nation scattered
in the Indian Ocean comprising 1,190 small coral islands of
which 190 are inhabited by a local population of 341,000.
Maldives’ unique archipelagic coral island provides the
country with an extremely rich and diverse marine ecological
system. With more territorial sea than land, marine
resources have played a vital role shaping the contours of
economic development, with nature-based tourism being the

This paper is intended to provide a
brief overview of the different SEZ experiences in China and
Africa, the key lessons that Africa can learn from China, as
well as the recent Chinese zones in Africa. For this
purpose, the paper is structured in the following way:
section 1 starts with definition of SEZs, then followed with
the Chinese experiences (section 2), African experiences
(section 3), the lessons that Africa can learn from China

This report is on possible improvements
on management of revenues from auctioning of European Union
Emissions Trading System (EU ETS) allowances and use of
flexibility mechanisms in Romania. The principal objective
of this report is to propose improvements on management of
revenue from the auctioning of EU ETS allowances, as well as
describe possible use of flexibility mechanisms in Romania,
in order to mobilize and enable both public and private

The urban population in Ethiopia is
increasing rapidly. If managed proactively, urban population
growth presents a huge opportunity to shift the structure
and location of economic activity from rural agriculture to
the larger and more diversified urban industrial and service
sectors. If not managed proactively, rapid urban population
growth may pose a demographic challenge as cities struggle
to provide jobs, infrastructure and services, and housing.

The growing availability of free or
inexpensive satellite imagery has inspired many researchers
to investigate the use of earth observation data for
monitoring economic activity around the world. One of the
most popular earth observation data sets is the so-called
nighttime lights from the Defense Meteorological Satellite
Program. Researchers have found positive correlations
between nighttime lights and several economic variables.

This report was prepared as part of the
World Bank engagement in the Philippines to support Islamic
Finance and Financial Inclusion. It provides an overview on
the context for the development of Islamic finance in the
Philippines and is accompanied by two focused reports
providing further detail and suggestions on enhancing
financial inclusion in the Philippines through Islamic
microfinance and assessment of the status of financial

In July 2013, the World Bank Group
launched its Strategy, outlining how it will partner more
effectively with clients to help them achieve the ambitious
goals of eradicating extreme poverty and boosting shared
prosperity through economic growth, inclusion,
sustainability and resilience. In April 2014, the World Bank
Group Corporate Scorecard was launched for the first time
and the World Bank Scorecard revised to monitor the

The November 8, 2015 elections in
Myanmar marked a historic milestone in the country’s
political and economic transition that began in 2011.
Incoming policy makers are preparing to pick up the baton
and deliver on the people’s strong aspirations for a
harmonious and prosperous Myanmar. In this series of policy
notes, the World Bank Group seeks to promote dialogue on
critical development challenges and on options for policies

Migration is transforming rural
economies, landscapes, and potentially, gender relations.
Migration is one of the drivers of the so-called
feminization of agriculture in Latin America. This
feminization has relevance for everyone given agriculture’s
role in regional food security, national shared prosperity,
and household resilience to shocks. The objective of this
study is to investigate the feminization of agriculture as