"This paper relaxes some key assumptions in the probabilistic approach to fiscal sustainability. First, the authors identify structural breaks over the sample period used to estimate the covariance matrix of the shocks to the debt ratios. Second, the assumption of normality of the shocks is...

Land is the integrating component of all livelihoods depending on farm, forest, rangeland, or water (rivers, lakes, coastal marine) habitats. Due to varying political, social, and economic factors, the heavy use of natural resources to supply a rapidly growing global population and economy has...

This Country Economic Memorandum (CEM), prepared in collaboration with the Turkish authorities, summarizes recent accomplishments in achieving high growth and analyzes remaining public policy challenges and options available to the authorities to meet these challenges. The country seeks to...

Stakeholders' perceptions of opportunities and constraints to sustainable land management in Ethiopia was assessed through interviews and a review of secondary data. Stakeholders included farmers as well as representatives of development agencies, agricultural organizations, donors,...

The Sustainable and Participatory Energy Management project - PROGEDE was implemented by the government between 1997 and 2004. From project preparation to supervision the World Bank worked in close collaboration with Dutch Co-operation (DGIS). At the time of project preparation, forest-based...

As the communities most affected by the recent devastating tsunami courageously begin to rebuild their lives, microfinance institutions (MFIs) can play a powerful part in the path to recovery. Since the immediate aftermath of the tragedy, MFIs have been tirelessly providing and coordinating...

Concrete literally holds the modern world together. The material and its binding agent cement comprise a key ingredient in the buildings and roads essential for development and in infrastructure critical to sustainable growth. The cement industry also generates about seven percent of the world's...