The objective of the study was to develop an adequate policy and governance framework for off- grid rural electrification by: assessing the effectiveness and key socio-economic factors and governance structures in present off-grid electricity supply schemes; and exploring and testing sustainable...

This policy note is a summary of the findings of a joint study of the Energy Research Institute of the National Development and Reform Commission, and the World Bank. The policy note is organized as follows: the next section, 'in the shadow of king coal,' provides a brief history of the...

"How rich would resource-abundant countries be if they had actually followed the Hartwick Rule (invest resource rents in other assets) over the past 30 years? Hamilton, Ruta, and Tajibaeva use time series data on investments and rents on exhaustible resource extraction for 70 countries to answer...

The Bangladesh Solar Home Systems (SHS) Program contributed significantly to achieving near-universal access to electricity by installing over 4 million SHSs from 2003 to 2018, serving 16 percent of rural households by 2016. The government mobilized USD 683 million in loans and grants from...

"The debate over the curse of natural resources has haunted developing countries for decades if not centuries. A review of existing empirical evidence suggests that the curse remains elusive. The fragile negative effect of natural resources on economic growth might be due to international...

"The World Bank has been publishing estimates of adjusted net or "genuine" saving since 1999. This measure of saving treats depletion of natural resources as a type of economic depreciation. Hamilton uses recent theoretical results relating growth in saving to growth in future consumption to...

This report attempts to analyze selected topics, chosen in collaboration with the Argentine authorities, regarding the inter-linkages between economic growth, income distribution and poverty, as well as the respective roles of these factors in explaining the historical underperformance of the...