Regulatory reform in all its aspects--deregulation, re-regulation, simplification, and building new institutional capacities for developing and applying high quality market rules--should be integrated throughout Mauritania's efforts to generate the growth and market development needed to combat...

The large number of local governments in a sparsely populated country such as Latvia, calls for the consolidation of these local governments, which is what the Government is now attempting to implement. This will require reforms to achieve improvements in local services, to change the basis for...

The Mongolian cashmere industry has experienced a series of booms and busts over the last decade. Unsatisfactory public sector policies contributed to this result. External factors such as the unfavorable economic environment of the early 1990s, the East Asia crisis, and weather conditions have...

Mexico needs to broaden and deepen its financial system without compromising the financial stability gains of the last decade. Much more private investment is needed to transform the economy to boost productivity, and despite improvements in recent years, many households and firms still lack...

The Philippine economic update provides an update on key economic and social developments, and policies over the past 6 to 12 months. It also presents findings from recent World Bank studies on the Philippines. The Philippine economy expanded by 6.6 percent in 2012, exceeding most expectations,...

The overall objective of this comprehensive report is to consider Rwanda's budget support in the context of its overall public expenditure and resources to: (a) provide an overview of Rwanda's experience with budget support, reform measures, and its progress of budget harmonization, (b) provide...

The World Bank's Annual Bank Conference on Development Economics (ABCDE) was held in Bangalore, India on May 21-23, 2003. The ABCDE, one of the world's best-known conferences on development, was held for the first time in a developing country. "Accelerating Development" was the theme of the 2003...

Urban heating demand in Liaoning has grown rapidly, due to rising incomes, housing sector growth, and privatization of housing. During the past decade, demand increased at an annual growth rate of 14 percent. Heating supply has been unable to keep pace with this surging demand. Small coal-fired...

The Philippine economy recovered strongly from the global recession owing to a combination of transitory and permanent, as well as global and idiosyncratic factors. Similar to its regional peers, the recovery was partly driven by the rebound in global trade and domestic consumption linked to...

This economic report records the economic activities of Armenia for the year 2013. A steep decline in construction caused economic growth to weaken to 0.6 percent in the second quarter of 2013 (year-on-year) from 7.5 percent in the first quarter and 7.2 percent in 2012 as a whole. Developments...