"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...

This Strategy Note sets out a framework for World Bank involvement in the environment sector in the immediate to medium term. It elaborates upon and reinforces the environmental objectives specified in Thailand's Eighth National Economic and Social Development Plan (1997-2001) and the World...

Valuing ecosystem services-the benefits humans obtain from earth's many life-support systems-is an important step in devising interventions to achieve sustainable livelihoods and climate resilience. The services provided by healthy ecosystems are essential for supporting life. Their loss would...

"Oil and mineral revenues raise national savings and hence facilitate investment, capital accumulation, and sustained growth; thus, there are benefits of owning large natural resources. There can be a significant spillover effect from the oil sector to the non-oil sector particularly if...