Over the recent past, Burkina Faso has registered solid economic growth and poverty levels have been lowered, suggesting that growth has been pro-poor. Yet, poverty remains widespread despite high levels of labor market participation and employment. In practice, life for many in the country...

This report describes the findings of the value chain and jobs survey on the Medicinal and Aromatic Plants ("MAPs") in the North West of Tunisia. The survey also benchmarks the value chain against other leading countries in the MAPs industry to determine potential productivity gaps and areas for...

This report describes the findings of the survey on olive oil value chain in the North West of Tunisia, focusing particularly on the current and potential jobs landscapes. The survey also benchmarks the performance of the value chain against other leading countries in olive oil industry to...

This report provides an overview of a World Bank activity to support structural change for competitiveness and employment opportunities in Tunisia's lagging regions based on value chain and cluster analysis. While state-level policy changes are necessary and important contributions to tackle low...

This article rationalizes empirical patterns of market leverage, book leverage, book-to-market ratios, and stock returns across different book-to-market portfolios, using a model of firm financing and investment. The model analytically shows that tax deductibility of interest payments increases...