This book focuses on the World Bank's experience with Participatory Poverty Assessments (PPAs). Some practitioners have argued that a number of World Bank PPAs should not be included because they were extractive, did not influence policy, and were not participatory. However, both good and bad...

Economists have long sought to predict how macroeconomic shocks will affect individual welfare. Macroeconomic data and forecasts are easily available when crises strike. But policy action requires not only understanding the magnitude of a macro shock, but also identifying which households or...

Attacking persistent poverty in low- and middle-income countries is the greatest single challenge facing the global development community as the world moves forward into the 21st century. But despite progress during the past decade, the battle is far from won, and progress has been slower than...

This book looks at both the potential and limits of policies to promote entrepreneurship as an important vehicle for social mobility in Latin America and the Caribbean. Who are the region's entrepreneurs? They tend to be middle-aged males with secondary and, often, tertiary education who...

This discussion paper examines in its first part, the role of private investment in economic growth. While theoretical growth models developed in the economics literature, make no distinction between private, and public components of investment, there is an emerging appreciation that private...

Economic Growth in Latin America and the Caribbean analyzes whether economic reforms have been beneficial to growth in the region. In doing so, it recognizes that growth is driven by a variety of factors - in some cases poor growth is due to insufficient structural reforms (e.g., low trade...

In 2013, the Board of Governors endorsed two new goals for the World Bank Group (WBG). First, the WBG would commit its full energies to bringing an effective end to extreme poverty by 2030. This means reducing to no more than 3 percent the fraction of the world’s population living on less than...

The objective of this report is to design an integrated strategy for rural poverty reduction in Brazil. It contains an updated and detailed profile of the rural poor in the northeast and southeast regions of Brazil; identifies key determinants of rural poverty in these regions; and proposes a...

A Unified Approach to Measuring Poverty and Inequality: Theory and Practice is an introduction to the theory and practice of measuring poverty and inequality, as well as a user's guide for analyzing income or consumption distribution for any standard household dataset using the World Bank's...

The Financial Sector Assessment Program (FSAP) is a major initiative, undertaken jointly by the World Bank and the IMF, in response to the financial crises of the late 1990s. The ultimate objectives of the program are (i) the identification and resolution of financial sector vulnerabilities and...