This paper analyzes the impact of aging on capital accumulation and welfare in a country with a sizable unfunded social security system. Using a two-period overlapping generation model with endogenous retirement decisions, the paper shows that the type of aging and the type of unfunded social...

Energy-efficient products generally offer a win-win proposition, because they pay for themselves. End users can reduce their energy costs, and power utilities can avoid costly investments in extra generation capacity. Moreover, energy efficiency can contribute to mitigating global warming. This...

This report provides a review of the Armenian mining sector, and assesses its potential to contribute to sustainable economic growth and development. Based on the findings, it provides recommendations for initiatives and actions for the future development of the sector. The report was produced...

Since the global economic and financial crisis of 2008, Serbia has struggled with a weak economy and a deteriorating fiscal position. Until 2008, fiscal deficits were moderate and public debt declined significantly. Since the start of the global economic and financial crisis in 2008, however,...

This practical notes series is devised as a how-to guide that captures the evolution of Public Private Dialogues (PPD) and the challenges faced by practitioners since the first PPD handbook was published in 2006. It considers the varied and evolving forms of PPD, the contexts in which PPD is...

This report summarizes the findings of an allocative efficiency analysis to support Cote d'Ivoire's national HIV response. The study was conducted at the request of the Government of Cote d'Ivoire by the World Bank, the University of Bern, the Burnet Institute and the University of New South...

The Urban Sustainability Framework (USF) is structured in two parts, along with annexes that explore the good practices of specific cities and organizations and the positive results of their initiatives. Part I: Understanding and Achieving Urban Sustainability lays out a process for,...

The report summarizes the findings of an allocative efficiency analysis to support Senegal's national HIV response. Senegal has recently developed a National HIV Strategic Plan (NSP) (2014-17) and a Global Fund concept note (2015-17). The Government of Senegal would like to mobilize additional...