The five main lessons for Southern Africa from our review of the experiencewith cross-border power trading in other regions of the work are that: Security of supply concerns need to be explicitly addressed and understood by the parties to proposed cross-border transactions. Regional entities...

Malawi needs to focus on exports to maintain and broaden its current inspiring levels of economic growth. The focus of future policy should therefore be on reforms that improve competitiveness in global and regional markets. This does not require a fundamental shift in direction, but instead a...

The climate is changing; and the Europe and Central Asia (ECA) region is vulnerable to the consequences. Many of the region's countries are facing warmer temperatures, a changing hydrology and more extremes, droughts, floods, heat waves, windstorms, and forest fires. Already the frequency and...

As Bulgaria approaches European Union accession, it has the opportunity to narrow the income gap, and raise productivity and investment, and set the economy on a higher growth path. To address these challenges and accelerate convergence with the European Union, this report proposes a reform...

When a disaster strikes, it not only affects households' physical assets, but also their income levels and ability to contribute to the local economy. Critically, these socio-economic disparities shape not only the severity of shocks on household-level economies, but also the duration of...