This paper examines whether cooperative
behavior by respondents measured as contributions in a
one-shot public goods game correlates with reported
pro-forest collective action behaviors. All the outcomes
analyzed are costly in terms of time, land, or money. The
study finds significant evidence that more cooperative
individuals (or those who believe their group members will
cooperate) engage in collective action behaviors that

This paper analyzes the dynamic effects
of rate-of-return regulation on firms’ emissions compliance
behavior when the price of emissions permits is uncertain.
The paper shows that uncertainty regarding the price of
permits would motivate a regulated firm to adopt a more
self-sufficient strategy and would reduce the
cost-effectiveness of emission allowance trading. When
allowance transactions are treated as capital investments,

In May 2005, the Bank adopted a new
policy and new procedures on Additional Financing
(OP/BP13.20) for investment lending, replacing the previous
policy on supplemental financing. This policywas later
revised in March 2012. This learning product assesses the
performance of the AdditionalFinancing (AF) operations
approved since then and draws lessons from their
implementationexperience. The assessment focuses on AF in

The inability to unlock natural resource
wealth for the benefit of developing countries’ local
populations, a phenomenon popularly known as the ‘resource
curse’ or the ‘paradox of plenty’, has spawned extensive
debate among researchers and policy makers in recent years.
There is now a well-established body of literature exploring
the links between natural resources and conflict, with some
sources estimating that over the past 60 years, 40 percent

This Country Partnership Framework (CPF)
sets out the World Bank Group (WBG) program for Albania for
the period FY15-19, aimed at supporting Albanias aspiration
to achieve equitable growth and integration into the
European Union. Albania emerged from the collapse of
isolationist communism in the early 1990s as one of the
poorest countries in Europe. The country then experienced
rapid growth of nearly 6 percent per annum, rising into the

Achieving private sector involvement in
financing, provision and management of roads requires
specialized legal and institutional frameworks, public
sector expertise, advisor support and sustained political
commitment. In many African States, there is little
experience of private sector involvement in the road sector
but there is encouragement to promote such involvement from
development partners. Increased private sector involvement

This report highlights recent economic
updates in Bangladesh as of April 2015. Economic growth in
Bangladesh was gaining momentum in the first half of FY15.
Capacity utilization improved and investments were showing
some signs of recovery. This growth was also job-friendly.
The 12-monthly-moving average inflation decelerated from 7.6
percent in February 2014 to 6.8 percent in February 2015.
The resilience of the Bangladesh economy continues to be

This report focuses on two competing forces: the Soviet industrial legacy and

This document presents the Systematic
Country Diagnosis (SCD) for Mali. The SCD was prepared
following a consultative process within and outside the
World Bank. It identifies constraints and opportunities for
achieving the twin goals of ending poverty and improving
shared prosperity by 2030 while acknowledging (i) the need
for selectivity in pro-poor interventions, and (ii) the many
competing ‘binding’ reasons for poverty in Mali. The

In this context, this note summarizes
the findings of a recent World Bank, SACU Secretariat
assessment of regional trade facilitation based on the Trade
and Transport Facilitation Assessment (TTFA) methodology.
The assessment looks at regional trade facilitation through
the lens of value chains, with the objective to understand
how the region’s trade and transport environment could be
improved to facilitate more extensive and deeply integrated

Africa is rapidly urbanizing and will
lead the world’s urban growth in the coming decades.
Currently, Africa is the least‐urbanized continent,
accommodating 11.3 percent of the world’s urban population,
and the Sub‐Saharan region is the continent’s
least‐urbanized area. However, the region’s cities are
expanding rapidly, by 2050; Africa’s urban population is
projected to reach 1.2 billion, with an urbanization rate of

This study was undertaken under the
leadership of the Ministry of Finance and Economic
Development (MOFED) to assess fiduciary risks in using
country financial management (FM) systems in full, or in
part, for implementing Donor and Bank-financed investment
projects in Zimbabwe and to identify risk mitigation
measures required for such use. Fiduciary risk is the risk
that Bank funds (or donor funds) will not be used for their