Diversification of the financial sector has been one of the central features of China's recent and rapid economic growth. This book traces the development of China's Trust and Investment Companies (TICs), the most numerous non-bank financial institutions to emerge in China, and their link to the...

Many developing countries have made dramatic progress in promoting private sector participation in their infrastructure sectors, especially with the help of foreign investors. However, this has not been the case in Southern and Eastern Africa, which have been perceived as relatively unattractive...

This study reviews the African Region of the World Bank's current thinking on cost sharing and the poor as apllied in Sub-Saharan Africa. It inventories country experiences and Bank activities in cost sharing for education and health, reviews African experiences with the implementation of cost...

Albania provides a small amount of social assistance to nearly 20 % of its population through a system that allows a degree of community discretion in determining distribution. This study investigates the poverty targeting of this program. It indicates that relative to other safety net programs...

Niger earns its foreign exchange mainly from uranium and gold, which has limited domestic economic linkages. Distant second, livestock export also provide important revenue to the country. Overall, most of the labor force is employed in a low productivity and shock prone rainfed agricultural...

Bangladesh's economy is growing at a healthy pace and macro conditions are strong. Progress in social outcomes in Bangladesh is inspiring other countries, but deep challenges persist as the pace of poverty reduction slows down. Bangladesh labor market is dominated by low-productivity and...

Nepal's recent transition to a federal state structure provides a historic juncture to realize the role that social protection can play in achieving the constitutional goals of equity, inclusion, and prosperity. The transition to a federal structure of governance and the promulgation of a new...

This note summarizes the impacts of the Coronavirus disease 2019 (COVID-19) outbreak on Vietnam's labor market in 2020 and evaluates the social protection response to identify lessons learned for future crises. Vietnam's labor market was shaken by the outbreak in 2020. But an effective...