The City of Yokohama offers useful lessons for other cities seeking to achieve sustainable urban development. It simultaneously managed rapid economic growth and a sharp rise in population through a series of thoughtfully conceived and well" integrated development projects and regulative...

Access to finance is an essential component of economic development and job creation. A host of studies have shown a positive correlation between financial development and economic growth. Access to finance is also critical for larger corporations and conglomerates, which, given their size,...

This document presents an incentive framework aiming to improve knowledge sharing (KS) and reusing behaviors at the World Bank. Given the nature of the Bank's work, evidence suggests that effective and efficient knowledge sharing might be the biggest predictor of success. To approach KS in a...

Offshore wind holds tremendous promise for many emerging markets as a large-scale, clean, reliable form of new electricity generation with the potential to stimulate valuable economic benefits. However, developing a new offshore wind sector in an emerging market is no easy task. Decision makers...

In this report, the authors investigate state-owned enterprise (SOE) listings as a solution to promote local capital markets development. Thus, SOE listings can offer governments an enormous opportunity to kick-start the development of their local capital markets while achieving other divestment...

Physical cash and commercial bank money are dominant vehicles for retail payments around the world, including in emerging market and developing economies (EMDEs). Yet payments in EMDEs are marked by several key deficiencies, such as lack of universal access to transaction accounts, widespread...

Outdoor air pollution accounts for an estimated 4.2 million deaths worldwide, the majority of which are caused by exposure to fine particulate matter (or PM2.5) air pollution. Most of these deaths occur in low- and middle-income countries (LMICs). Reducing PM2.5 air pollution is thus crucial for...

This Good Practice Handbook is designed to provide guidance to practitioners on taking rigorous and consistent approaches to assess hydropower project impacts on downstream river ecosystems and people, and determine their Environmental Flows (EFlows) commitments. The Handbook outlines a good...

This Note provides guidance to securities markets regulators in emerging market economies (EMEs) about key regulatory issues that could affect the issuance of debt instruments for infrastructure financing over which they have some control. The Note focuses on three areas (placement regime,...

This Policy Note focuses on distribution channels, the role they play in product diversification and costs, and how regulation can promote competition in mutual funds (MFs) distribution. In many emerging market economics (EMEs) where both the capital markets and the MFs have reached certain...