"According to the conventional wisdom, when an economy enters a recession and nominal prices adjust slowly, the monetary authority should devalue the domestic currency to make the recession less severe. The reason is that a devaluation of the currency lowers the relative price of non-tradable...

"The widespread presence of local conflict characterizes many developing countries such as Indonesia. Outbreaks of violent conflict not only have direct costs for lives, livelihoods, and material property, but may also have the potential to escalate further. Recent studies on large-scale...

Major intrastate conflicts, such as civil wars, and the resulting set-backs for economic and political development, have received increasing research attention in recent years. A growing literature has sought to investigate conditions that affect the probability of countries experiencing...

This report examines youth in post-conflict Burundi. The research responds to the nascent but growing body of knowledge on conflict, young men and gender. War and violence have devastated societies and economies throughout Africa with young men being the main perpetrators of this violence. This...

This report is the sixth in an annual series assessing development issues. It reviews recent trends in the international economy and their implications for the developing countries with a special focus on the management and institutional aspects of development. The early recovery in the world...

The Lebanon Economic Monitor provides an update on key economic developments and policies over the past six months. It also presents findings from recent World Bank work on Lebanon. It places them in a longer-term and global context, and assesses the implications of these developments and other...