Access to adequate housing is critically
important to the health and wellbeing of the world’s
population. Yet, despite the fact that this statement is
part of the United Nations Universal Declaration of Human
Rights and has been on the global policy agenda for many
years, hundreds of millions of people continue to live in
inadequate conditions with little or no access to decent
housing. The demand for housing solutions will increase as

The authors use a large data set from
Ethiopia that differentiates tenure security and
transferability to explore determinants of different types
of land-related investment and its possible impact on
productivity. While they find some support for endogeneity
of investment in trees, this is not the case for terraces.
Transfer rights are unambiguously investment-enhancing. The
large productivity effect of terracing implies that, even

This Country Partnership Framework (CPF)
for Tunisia, prepared jointly by International Bank for
Reconstruction and Development (IBRD), International Finance
Corporation (IFC) and Multilateral Investment Guarantee
Agency (MIGA) covers the period Fiscal Year (FY) 2016
through FY 2020. The CPF is anchored in the Government of
Tunisia’s September 2015 Note d’Orientation Stratégique and
the WBG’s October 2015 Strategy for the Middle East and

The extent to which households should be
allowed to transfer their land rights in post-socialist
transition economies is of considerable policy interest. The
authors use data from Vietnam, a transition country that
allows rental and sales of land use rights, to identify
factors conducive to the development of land markets and to
assess the extent to which land transfers enhance productive
efficiency and transfer land to the poor. They find that

Bleak short-term economic outlook raises the risk that social and environmental
achievements may not be sustained. The changed economic circumstances have exposed shortcomings in Brazil’s development model, epitomized by the struggle to achieve a sustainable fiscal policy. Against this background, some Brazilians are now asking whether the gains of the past decade might have been an illusion, created by the commodity boom, but unsustainable in today’s less forgiving international environment. Brazil thus finds itself at an important juncture and, to a certain extent, the policy

The importance of land rental for
overall economic development has long been recognized in
theory, yet empirical evidence on the productivity and
equity impacts of such markets and the extent to which they
realize their potential has been scant. Representative data
from China's nine most important agricultural provinces
illustrate the impact of rental markets on households'
economic strategies and welfare, and the productivity of

Sri Lanka is in many respects a
development success story. With economic growth averaging
more than 7 percent a year over the past five years on top
of an average growth of 6 percent the preceding five years,
Sri Lanka has made notable strides towards the goals of
ending extreme poverty and promoting shared prosperity (the
‘twin goals’). The national poverty headcount rate declined
from 22.7 to 6.7 percent between 2002 and 2012/13, while

An issue which has generated much
concern has been the potential link between low incomes and
resource degradation. This report presents the results of a
study which investigated this question. Machakos District is
a relatively low income and agriculturally marginal district
in Kenya. Before World War II the colonial administration
was concerned that land degradation was becoming severe
under the pressure of population, aggravated by drought. The

Azerbaijan’s performance on the twin
goals has been commendable. The middle class has doubled in
size and extreme poverty has almost been eliminated in the
space of a decade. At the same time, regional differences
persist, with significantly higher poverty rates in lagging
regions, and Baku dominating overwhelmingly in terms of
share of GDP. Disparities in welfare also persist between
rural and urban areas as well as across social groups. As

Costa Rica stands out for being among the most politically stable, progressive, prosperous, and environmentally conscious nations in the Latin America and the Caribbean region. Its development model has brought important economic, social, and environmental dividends, with sustained growth, upward mobility for a large share of the population, important gains in social indicators, and significant achievements in reforestation and conservation. However, there are a number of development challenges that need to be addressed to maintain the country’s successful development path.

An efficient and transparent regulatory
framework governing international trade is a necessary
condition for countries to realize the benefits of
international trade. Over the last decade, Lao PDR has been
deepening its economic ties with the global economy through
the formal accession to the WTO in 2013. At the regional
level, the country is committed to be full member of the
ASEAN Economic Community. These agreements entailed profound

The Nile Story is one of immense
challenges and remarkable achievements for the economic
development of the region. It begins in 1999, when the
ministers in charge of water affairs in the Nile countries
agreed to form the Nile Basin Initiative (NBI). Between 2003
and 2015, the Nile Basin Trust Fund (NBTF) supported and
coordinated cooperative work in the region, which has been
delivered mainly through the NBI. This book, commissioned by