Pitfalls of Participatory Programs

Pitfalls of Participatory Programs

Author:

Publisher: World Bank Publications

Published: 2008

Total Pages: 34

ISBN-13:

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Participation of beneficiaries in the monitoring of public services is increasingly seen as a key to improving their efficiency. In India, the current government flagship program on universal primary education organizes both locally elected leaders and parents of children enrolled in public schools into committees and gives these groups powers over resource allocation, and monitoring and management of school performance. However, in a baseline survey we found that people were not aware of the existence of these committees and their potential for improving education. This paper evaluates three different interventions to encourage beneficiaries' participation through these committees: providing information, training community members in a new testing tool, and training and organizing volunteers to hold remedial reading camps for illiterate children. We find that these interventions had no impact on community involvement in public schools, and no impact on teacher effort or learning outcomes in those schools. However, we do find that the intervention that trained volunteers to teach children to read had a large impact on activity outside public schools -- local youths volunteered to be trained to teach, and children who attended these camps substantially improved their reading skills. These results suggest that citizens face substantial constraints in participating to improve the public education system, even when they care about education and are willing to do something to improve it.


Firm Size and the Business Environment

Firm Size and the Business Environment

Author: Mirjam Schiffer

Publisher: World Bank Publications

Published: 2001-01-01

Total Pages: 68

ISBN-13: 9780821350034

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The development of the small and medium enterprise sector is deemed crucial for economic growth and poverty alleviation. Such firms are often though to be at a disadvantage when compared with larger enterprises, but the reverse can apply, for example in the more flexible approach of the smaller firm. This paper draws on a private sector survey in 80 countries examining whether business obstacles are related to firm size. It finds a bias against small firms, which experience significantly greater problems than large firms with financing, taxes and regulations, inflation, corruption and street crime. These problems should be the prime targets of policies aimed at reducing inequity.


Industrial Growth and Quality of Institutions

Industrial Growth and Quality of Institutions

Author: David A. Grigorian

Publisher: World Bank Publications

Published: 2000

Total Pages: 26

ISBN-13:

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Developing the legal and regulatory framework, improving contract enforcement, and reducing administrative barriers in the business environment increases the amount of investment and improves the efficiency of resource allocation.


Taming the Tide of Capital Flows

Taming the Tide of Capital Flows

Author: Atish R. Ghosh

Publisher: MIT Press

Published: 2018-01-12

Total Pages: 489

ISBN-13: 0262343762

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A comprehensive examination of policy measures intended to help emerging markets contend with large and volatile capital flows. While always episodic in nature, capital flows to emerging market economies have been especially volatile since the global financial crisis. After peaking at $680 billion in 2007, flows to emerging markets turned negative at the onset of crisis in 2008, then rebounded only to recede again during the U.S. sovereign debt downgrade in 2011. Since then, flows have continued to swing wildly, leaving emerging market policy makers wondering whether they can put in place policies during the inflow phase that will soften the blow when flows subsequently recede. This book offers the first comprehensive treatment of policy measures intended to help emerging markets contend with large and volatile capital flows. The authors, all IMF experts, explain that, in the spirit of liberalization and deregulation in the 1980s and 1990s, many emerging market governments eliminated capital inflow controls along with outflow controls. By 2012, however, capital inflow controls were again acknowledged as legitimate policy tools. Focusing on the macroeconomic and financial-stability risks associated with capital flows, the authors combine theoretical and empirical analysis to consider the interaction between monetary, exchange rate, macroprudential, and capital control policies to mitigate these risks. They examine the effectiveness of various policy tools, discuss the practical considerations and multilateral implications of their use, and provide concrete policy advice for dealing with capital inflows.


Information and Communication Technologies and Broad-based Development

Information and Communication Technologies and Broad-based Development

Author: Jeremy Grace

Publisher: World Bank Publications

Published: 2004

Total Pages: 70

ISBN-13:

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Annotation This paper reviews some of the evidence linking telecommunications and the Internet and economic growth, the likely impact of these new ICTs on income inequality and anecdotal evidence on the role of the Internet in improving government services and governance. It's final chapter looks at methods to maximize the development impact of new ICTs.


Women, Work and Welfare in the Middle East and North Africa

Women, Work and Welfare in the Middle East and North Africa

Author: Nadereh Chamlou

Publisher: World Scientific

Published: 2015

Total Pages: 622

ISBN-13: 1783267348

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"In the aftermath of the Arab Spring, and in light of socio-economic and geopolitical challenges facing governments old and new, women's rights and empowerment have gained new urgency and relevance. Groups in power, or groups contesting for power, are more conservative than expected, and there are serious threats to roll back some of the gains women had achieved over the past 20-30 years on economic and social fronts. The global gender debate has neglected the economic dimension of women's empowerment and a great deal of debate and interest among researchers is needed to push the topics further. This timely book brings together leading regional researchers to offer original research linking gender equality with economic policy, reinforcing the agenda from a broad-based perspective."--Publisher summary.


Determinants of Board Members' Financial Expertise - Empirical Evidence from France

Determinants of Board Members' Financial Expertise - Empirical Evidence from France

Author: Thomas Jeanjean

Publisher:

Published: 2013

Total Pages: 0

ISBN-13:

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Very few countries require directors to be financially literate. This article investigates the determinants of boards' financial expertise using a sample of 95 non-financial French listed firms. We construct a measure of financial expertise based on educational and career background data for 943 individuals occupying 1,140 posts in our sample and explore the determinants of average per-firm financial expertise using a Tobit analysis. We find that average financial expertise is negatively associated with board type (two-tier versus one-tier) and growth opportunities and positively associated with board independence, ownership concentration, and institutional ownership. These findings are robust to sensitivity analyses.