We develop a growth model which distinguishes between capital creation that takes place as a result of conventional investment and accumulation which occurs when temporarily idle assets are reactivated.

The report is organized as follows. Chapter one sets out the strategic context for Iraq, including the evolving political situation, macroeconomic context, and poverty and social conditions. Chapter two analyzes the trends in, and composition of, public expenditure, both from economic and...

The Country Opinion Survey for FY2013 in Burkina Faso assists the World Bank Group (WBG) in gaining a better understanding of how stakeholders in Burkina Faso perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies,...