Over the last two decades, successive governments and business leaders in the former Yugoslav Republic of (FYR) Macedonia have been actively working to transform the country's economy and put it on a higher, technology-based, growth trajectory. For a small, landlocked country with a limited...

The Angolan economy is at a significant juncture. The current growth model based on oil wealth is nearly exhausted and has not delivered inclusive growth and shared prosperity. Angola faces two broad policy challenges that need to be addressed urgently: macroeconomic stabilization and a more...

Between 2010 and 2018, Bhutan's economic performance in the real growth of gross domestic product (GDP) was respectable, averaging more than 5 percent a year. This was driven by hydropower, services, and agriculture. However, there is growing pressure to diversify production. Hydropower...

In an economy driven by its vital industrial sector, tackling the advancing threats of high energy consumption and GHG emissions has been a key challenge for pursuing energy efficiency in Korea. To aid policy makers promote energy efficiency in the industry sector, this report offers a...

The Country Opinion Survey in Tajikistan assists the World Bank Group (WBG) in gaining a better understanding of how stakeholders in Tajikistan perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media, academia,...

This report provides an overview of international experience in the implementation of Green Public Procurement (GPP). It focuses on the institutional framework that is needed to support the mainstreaming of GPP practices across government. The intention is to equip practitioners with a broad...

Albania is gradually emerging from the unprecedented economic disruptions caused by the coronavirus disease 2019 (COVID-19) pandemic. As the pandemic is overcome, it is crucial to shift attention back to Albania's long-term objective of building a stronger underlying economic growth model. This...

Through the Sustainable Development Goals (SDGs), the international community has recognized the need for an approach to development that considers the interdependence of human and natural systems. Single-sector approaches to development challenges are insufficient to produce sustainable...

Unlocking Nature-Smart Development: An Approach Paper on Biodiversity and Ecosystem Services is part of a series of papers by the World Bank Group that outlines the development challenges and opportunities associated with blue and green biodiversity and ecosystem services. The paper makes the...