We develop a consistent and comprehensive theoretical framework for assessing whether economic growth is compatible with sustaining well-being over time. The framework focuses on whether a comprehensive measure of wealth - one that accounts for natural capital and human capital as well as...

Housing development has direct and indirect impacts on the environment. Through its design, construction, and operation, housing represents a significant point of direct consumption of natural materials, water, and energy. Therefore, greenhouse gas emissions embodied in housing can be very...

This report undertakes a comprehensive assessment of Ukraine's growth experience over the past decade. It shows how vulnerabilities were allowed to accumulate during the economic boom. And how growth, averaging seven percent annually between 2000 and 2008, was achieved without tackling Ukraine's...

Many countries succeed in generating high economic growth at some point in their history. But only a very few manage to sustain rapid growth for an extended period. Only such a prolonged period of rapid growth can have a significant impact on income per capita, and such an impact often brings...

The objective of this study is to accompany Malagasy authorities in their transition towards economic emergence. If the contribution of foreign capital and the abundance of natural resources should help the Malagasy economy escape from the poverty trap by increasing its domestic savings and...

The objective of this study is to accompany Malagasy authorities in their transition towards economic emergence. If the contribution of foreign capital and the abundance of natural resources should help the Malagasy economy escape from the poverty trap by increasing its domestic savings and...

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...

Tanzania's National Strategy for Growth and Reduction of Poverty (NSGRP) sets an ambitious target of 6 to 8 percent annual economic growth to achieve rapid reduction in poverty. This report focuses on three issues that are central to the success of Tanzania's poverty reduction efforts: 0 what...

Tanzania's National Strategy for Growth and Reduction of Poverty (NSGRP) sets an ambitious target of 6 to 8 percent annual economic growth to achieve rapid reduction in poverty. This report focuses on three issues that are central to the success of Tanzania's poverty reduction efforts: 0 what...

Rwanda established targets for Gross Domestic Product (GDP) growth and poverty reduction, to be achieved by the year 2020; these were to (i) raise real per capita income from $230 to $900; and (ii) reduce the poverty incidence by half. To reach these targets, the Government projected in its 2002...