In 2016 the Government of Egypt (GoE) has embarked on an ambitious and much needed transition towards a better economic policy. While the macroeconomic stability and market confidence have been largely restored, the overall fiscal situation remains challenging. With limited fiscal space, solely...

In the coming decades, climate change will force cities to grapple with new operating conditions to construct and maintain key urban infrastructure. Strategies for covering the costs of climate-resilient upgrades will vary by locale, reflecting differing market, regulatory, and policy...

China's "Belt and Road Initiative" (BRI) includes major infrastructure investment projects - roads, ports, railways - that aim to improve connectivity along a number of transport corridors spanning 71 countries. In this paper we find that notwithstanding the large scale of the initiative,...

This paper examines the level of investment protection for selected countries along the Belt andRoad Initiative (BRI), based on coding the textual content of 17 investment laws and 648international investment agreements (IIAs). We find substantial heterogeneity in the levels ofprotection...

The global economy is increasingly digital. The internet and other information and communicationtechnologies (ICTs) are changing the way individuals, businesses and governments operate. Theirresilience to natural disasters, and their ability to recover in the aftermath, is thus critical to the...

Despite several severe shocks in the past, conflict, unstable governments, earthquakes, and trade disruptions, Nepal has made strong progress in reducing poverty and boosting shared prosperity. With the decade-long peace and constitutional process concluded, the Government of Nepal is keen to...

Watersheds are an appropriate and effective unit for managing ecological assets, given the interconnected nature of economic activities and their impacts within a watershed, locally and regionally, upstream and downstream. Watersheds are increasingly recognized as a critical form of green...

Place-based policies target specific geographic areas for special treatment. They attempt to stimulate growth and development in lagging regions by (1) attracting firms, (2) attracting workers and human capital, and (3) improving local public goods. This report conducts a critical review of...

Against the backdrop of increasing income inequality, this report uses spatial analysis to assesses whether disparities in access to basic infrastructure between Mozambique's lagging and leading regions are growing or declining and whether the public expenditure program is effective in...