Despite decades of war and instability,
Iraq's abundant natural resources, strategic geographic
location and cultural history endow it with tremendous
potential for growth and diverse economic development.
Driven by windfall oil revenues in recent years the
Government of Iraq (GoI) has invested heavily in rebuilding
infrastructure with abundant oil reserves ensuring steady
progress. However, decades of socialist policies have

The global extreme poverty rate has
fallen by half since 1990, but progress within the
developing world has been uneven. Extreme poverty remains
widespread in most low-income countries while many
middle-income countries also continue to have substantial
levels with many people there who have escaped extreme
poverty remaining poor and vulnerable. Nor has there been
robust progress in sharing prosperity: in many developing

Using a panel of administrative data and
regression discontinuity analysis, this paper examines how
the introduction of preferential tax regimes for Georgian
micro and small businesses in 2010 affects formal firm
creation and tax compliance. The results show that the new
tax regime for micro businesses increased the number of
newly registered formal firms by 18-30 percent below the
eligibility threshold during the first year of the reform,

The newly delineated Peshawar City
District (PCD) has undergone significant transformations in
the past ten years. Originally encompassing the adjoining
districts of Charsadda and Nowshera, the district gradually
shrunk in size after both sub-divisions acquired a district
status of their own in the mid-nineties. However, as the
provincial capital, Peshawar continues to enjoy a special
status within North West Frontier Province (NWFP). It houses

Corruption is a continuing feature of the Philippines’ natural resource sectors. Given keen interest in the country’s REDD+ potential, it is useful to consider corruption risks related to REDD+ from a political economy perspective. This U4 Issue draws on fieldwork from two REDD+ pilot sites to assess current governance and anti-corruption safeguards related to benefit-sharing, land tenure rights for indigenous peoples, and private sector involvement. Many anti-corruption actions are in place in the pilot sites, but they are weakly embedded in social relations at the local level.

This Investment Climate Assessment (ICA)
seeks to evaluate the conditions under which the Palestinian
private sector currently operates in the West Bank
(including East Jerusalem) and the Gaza strip. This
assessment is both an update and expansion on a similar
assessment undertaken by the World Bank in 2006. As such, it
provides both a snapshot of the investment climate in 2013,
as well as a longitudinal view of what has changed in the

Real gross domestic product (GDP)
expanded by 6.7 percent in 2013, a modest deceleration from
the 7 percent recorded in the previous year, but well above
the average 4.9 percent rate of growth recorded over the
last ten years. The economy benefited from strong growth in
the agriculture (rebounding from last year's drought),
mining and services sectors, which largely offset weaker
activity in fishing activity. A continuation of these

This report profiles 52 business
women, representing countries where IFC works across the
Pacific region, in 30 case studies. Women in the report
share lessons in starting their businesses, and describe the
obstacles and opportunities they encountered in their
pursuit of growth. By revealing their future plans, the
women provide inspiration for current and future business
women of the Pacific to pursue greater entrepreneurial

This report analyzes the experience
of Cambodia with the Poverty Reduction Strategy Paper (PRSP)
process3. The focus of the report is on evaluating the
performance of the World Bank in supporting the PRSP
initiative, not on appraising the authorities policies.
Given the early stage of the PRS Process, with the document
only formally launched by government in March 2003, the
report focuses on the process of PRSP formulation in

The International Monetary Fund (IMF)
and the World Bank introduced the Poverty Reduction Strategy
Paper (PRSP) process in 1999 to strengthen the poverty
alleviation focus of their assistance to low-income
countries. This report reviews Nicaragua s experience with
the PRSP process, focusing on the effectiveness of IMF and
World Bank support to the process and the extent to which
the two institutions lending and non-lending activities in

This paper is a review of the experience of the Asian Coalition for Community Action (ACCA) Program operated by the Asian Coalition for Housing Rights (ACHR).

mproving land governance is key in assuring that land resources can be enjoyed by all parts of the population. Donors can play an important role in combatting corruption in land administration and building a well-functioning land administration by both supporting domestic government efforts as well as engaging in international and multi-country initiatives. However, donors are advised by experts and civil society organisations to be mindful of the possible impact of their interventions on issues of land grabbing and forced relocations.