Showing 1 - 10 of 76
Like other countries in the Middle East and North Africa region, Algeria has undergone a demographic transition. But … Algeria's fertility decline defies conventional explanation. Despite inauspicious starting conditions-a high total fertility … rate, reluctant policy environment, and delayed implementation of a national family planning program-Algeria has surpassed …
Persistent link: https://www.econbiz.de/10012247541
African countries: Algeria, Ghana, Morocco, and Nigeria. First, the paper provides theoretical foundations of such a …
Persistent link: https://www.econbiz.de/10012113908
What major insights have emerged from development economics in the past decade, and how do they matter for the World Bank? This challenging question was recently posed by World Bank Group President David Malpass to the staff of the Development Research Group. This paper assembles a set of 13...
Persistent link: https://www.econbiz.de/10012228661
This paper presents a review of studies that estimate the cost of achieving the Sustainable Development Goals. Although the Sustainable Development Goals provide useful benchmarks for fiscal authorities and donors, typical cross-country costing exercises can be misleading, for a variety of...
Persistent link: https://www.econbiz.de/10012229769
Iraq was plunged into two simultaneous crises in the second half of 2014, one driven by a sharp decline in oil prices, the other, by Islamic State militants. Since June 2014, crude oil prices per barrel have fallen from around 112 USD to 97 USD in September and 62 USD by December. Given Iraq's...
Persistent link: https://www.econbiz.de/10012644515
In the three months since most observers, including the World Bank, issued their last forecasts, the Middle East and North Africa (MENA) Region has changed substantially. Political tensions have eased somewhat with presidential and legislative elections completed in a few countries. Egypt's...
Persistent link: https://www.econbiz.de/10012245200
Previous sharp oil price declines have been accompanied by elevated ex post volatility. In contrast, volatility was much less elevated during the oil price crash in 2014/15. This paper provides evidence that oil prices declined in a relatively measured manner during 2014/15, with dispersion of...
Persistent link: https://www.econbiz.de/10012245707
The halving of oil prices, which happened in a short period between late 2014 and the first months of 2015, has generated major terms of trade losses for oil exporting countries. Even if the oil producing sector normally employs a small group of workers and oil export revenues tend to be...
Persistent link: https://www.econbiz.de/10012246230
This paper investigates the causal impact of oil price fluctuations on financial markets since January 2014. Following a heteroscedasticity-based event study approach, the paper instruments changes in oil prices by exogenous shocks in oil supply. It finds that oil price declines raise...
Persistent link: https://www.econbiz.de/10012246454
Iraq was plunged into two simultaneous crises in the second half of 2014, one driven by a sharp decline in oil prices, the other, by the war against the Islamic State in Iraq and Syria. The severity and recurrent nature of these crises demand a fast understanding and quantification of their...
Persistent link: https://www.econbiz.de/10012246469