The 2008 crisis marked the beginning of a lost decade for many countries - and many people - in the European Union (EU). The crises of 2008 and 2012 halted, and in some countries undid, a decade of growth and economic convergence across the EU. This report argues that the economic shocks...

The Tanzania Education Sector Institutional and Governance Assessment (hereafter referred to as the report) identifies the drivers of efficient and effective basic education service delivery in Tanzania by exploring the sector's institutional and governance context. The assessment has four main...

Mandalay is the second-largest city in Myanmar and a gateway to the Bay of Bengal to neighboring economic hubs. Rapid economic and demographic growth, paired with the relaxation of import restrictions for new and used two, three, and four-wheeler has resulted in rapidly declining conditions for...

This report provides recommendations to further develop the methodology for nutrition expenditure analysis. This report carefully reviewed all available nutrition expenditure analyses available and drew methodological conclusions. Findings include a need for a standardized way of classifying...

Unlike the Kyoto protocol's clean development mechanism (CDM), Article 6.2 of the Paris Agreement is designed to allow for international cooperation in carbon markets through decentralized governance. Under this article, bilateral or plurilateral cooperation between participating parties can be...

The World Bank is exploring opportunities to accelerate climate action and low-carbon resilient development pathways by supporting Ghana in enhancing and implementing its nationally determined contribution (NDC). One of the areas identified under the NDC is the support to increase utility-scale...

The report presents the results of macro-simulations of the consequences of different excise policy scenarios for 2018-2021 in two EAEU countries, Russia and Kazakhstan. Three scenarios are considered: (a) the low-taxation harmonization level and rate of growth proposed by the Eurasian Economic...

The special topic of this edition of the Macroeconomic Monitoring report focuses on the TC administration's 'public' financial support to the agriculture sector. Due to the Turkish lira depreciation, the recent adverse climate conditions, and exacerbated by the COVID-19 crisis, the agriculture...

This report presents an analysis conducted by the World Bank to assess macro-fiscal impacts of earthquakes and floods in European Union (EU) Member States (MS), analyze the financial instruments in place to manage this risk and identify any associated funding gaps. The analysis is underpinned by...

The exit of the United Kingdom from the European Union (Brexit) may have a negative impact on trade and investment flows not just for the UK, but also for the countries with the largest exposure to the UK. The indirect impact of a Brexit-induced recession in the UK -may also be felt in the EU...