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Europe and Central Asia

Positive competition drives better performance

Georgia Harley's picture
Serbia Launches Court Rewards Program

We all know that people respond to incentives.
 
Even in the public sector – where pay and conditions are often fixed – there is a growing body of research demonstrating how public sector institutions can systematically motivate their staff to perform better.

People’s living standards – do numbers tell the whole story?

Giorgia DeMarchi's picture
Numbers don’t lie. That’s why, in our day-to-day lives, we rely heavily on numbers from household surveys, from national accounts, and from other traditional sources to describe the world around us: to calculate, to compare, to measure, to understand economic and social trends in the countries where we work.

But do we perhaps rely too much on numbers to gain an understanding of people’s lives and the societies in which they live? Do numbers really tell us the whole story, or give us the full picture?


 

Proud to celebrate 25 years of partnership for a more prosperous and equal Romania

Elisabetta Capannelli's picture


In 1991, the World Bank Group opened its resident office in Bucharest and this November we will celebrate 25 years of continued presence in Romania. Romania joined the World Bank in 1972, yet it is really 1991 that marks the opening of the institution’s presence in Romania and our new role in a free and democratic nation. 

A quarter century is the measure of a generation and it is as an important milestone for an institution, as it is for a human being. Our presence in Romania has matured together with the country’s first generation of people born in a free economy and society. The challenges they faced, where the face of our support for change. 

Chart: How Does Extreme Poverty Vary By Region?

Tariq Khokhar's picture


Most of the world's extreme poor live in Sub-Saharan Africa and South Asia. While over 1 in 10 people live in extreme poverty globally, in Sub-Saharan Africa, that figure is 4 in 10, representing 389 million people - that's more poor people than all other regions combined. Read more in the new report on Poverty and Shared Prosperity
 

What is the impact of rural transformations on women farmers?

Vanya Slavchevska's picture

Rural areas are changing rapidly, but the shift does not affect women and men in the same way.

In the process of rural development and transformation, as employment for both women and men expands in other sectors, employment in the agricultural sector is expected to shrink. Yet delving through available data and the literature, we find that the reality isn’t quite that simple. In a great number of developing countries, as men move out of family farming, women tend to stay--or move out of the sector a lot more slowly. Many women even take on new jobs and responsibilities in agriculture. We call this phenomenon the ‘feminization’ of agriculture.

Which countries face the biggest policy challenges of aging populations in Europe and Central Asia?

Johannes Koettl's picture
Poland - homeless - social protection - housing

The Europe and Central Asia region is the oldest region on the planet. This means that the 46 countries of the region are also at the forefront of addressing some of the many policy challenges that aging populations bring. How is the region faring with its heterogeneous group of countries?

We have looked into this policy challenge and analyzed the 46 countries in terms of their current demographic position (as measured by median age) and evaluated their policy performance in three main areas covering eight key policy challenges that countries need to address as their populations age.

How can Romania’s cities strengthen implementation capacity for greater development impact?

Marcel Ionescu-Heroiu's picture


The performance by new members of the European Union (EU) in achieving greater development impact and faster convergence is a key concern at the EU level. EU funds can contribute to the modernization of public infrastructure and public administration, and they are also estimated to have a net positive impact on the economy. A World Bank report, prepared for the Ministry of Regional Development and Public Administration, highlights that for every €1 invested in public infrastructure projects in Romania, an additional €2.04 are generated by the economy – a relatively high impact.
 
Romania’s absorption performance leaves much to be desired; with the exception of Croatia, Romania has registered the worst level of absorption in the Union when compared to other new member states.
 

End Poverty Day: Spreading the word through sport

Boris Ciobanu's picture
The first day of October turned out to be quite nice in Chisinau, despite the dismal weather forecast that had threatened low temperatures and rain showers.

On this bright, sunny Saturday, a Moldovan charity held its traditional fall soccer tournament for local and international organizations, businesses, and diplomatic missions. The purpose of the tournament is a noble one – to collect funds for palliative care services to children and adults suffering from incurable and life-limiting illnesses.

And so the World Bank Moldova soccer team turned up, eager to display our dazzling foot work and dribbling skills (OK, a slight exaggeration, I admit!) A handful of injuries and business trips meant a reduced overall capacity, but that did not deter the rest of us from being determined to win.


 

Trends in Remittances, 2016: A New Normal of Slow Growth

Dilip Ratha's picture
Against a backdrop of tepid global growth, remittance flows to low and middle income countries (LMICs) seem to have entered a “new normal” of slow growth. In 2016, remittance flows to LMICs are projected to reach $442 billion, marking an increase of 0.8 percent over 2015 (figure 1 and table 1). The modest recovery in 2016 is largely driven by the increase in remittance flows to Latin America and the Caribbean on the back of a stronger economy in the United States; by contrast remittance flows to all other developing regions either declined or recorded a deceleration in growth.  

To reinvigorate Europe, we need more integration… of services

Doerte Doemeland's picture


To reinvigorate growth in Europe, European Central Bank President Mario Draghi called for more common projects in the European Union (EU). And he emphasized that these efforts need to meet a set of minimum bars: they should “…focus on those actions that deliver tangible and immediately recognisable results… [they] should complement the actions of governments; they should be clearly linked to people’s immediate concerns; they should unequivocally concern matters of European or global significance.”

We couldn’t agree more.

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