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Energy

What will happen to the Middle East and North Africa region if the Ukraine crisis escalates?

Lili Mottaghi's picture
 Arne Hoel

Following Russia’s annexation of Crimea after the popular voting in early March, the European Union and recently the U.S. and Canada have imposed their first round of sanctions—an asset freeze and travel ban on some officials in Russia and Crimea. This week NATO's foreign ministers, warning that Russian troops could invade the eastern part of Ukraine swiftly, ordered an end to civilian and military cooperation with Russia. Should the crisis escalate, potential fallout on Middle East and North Africa (MENA) countries is likely. The effects would be transmitted directly through trade and indirectly through commodity prices.

Why are Direct Dividend Payments so Difficult in MENA?

Kevin Carey's picture

As a wave of newly resource-rich countries, especially in sub-Saharan Africa, looks to the best means of managing resource wealth, one compelling recommendation has come to the fore: to distribute at least some portion of resource revenues to the public through direct dividend payments (DDPs). The case is laid out in papers published at the Center for Global Development by Todd Moss and the World Bank’s Shanta Devarajan and Marcelo Giugale. The DDP proposal has several foundations. Payment technology has increased the feasibility of large-scale transfers, as Alan Gelb and Caroline Decker explain. There are already cases of developing countries scaling up identity card systems associated with cash transfers quite quickly. As for rationale, given the poor track record of public expenditure efficiency, especially in resource-rich countries, it seems clear that general welfare could be targeted more effectively through DDPs, and without any of the distortionary effects or distributional flaws of price subsidies. Finally, from a political economy perspective, DDPs coupled with taxation could restore the accountability of a government to its citizens, which is otherwise weakened by its ability to draw on revenues directly from the source.
 

Poland Scores High on Shared Prosperity Progress

Laura Tuck's picture

Laura Tuck, Vice President for the World Bank's Europe and Central Asia region, discusses her trip to Poland, its economy, progress in boosting shared prosperity, and the World Bank's partnership with the country.

 

Shale Gas Revolution: Setback or Boost for Renewable Energy Future?

Emmanuel Py's picture

Is the shale gas revolution a brake on progress towards faster adoption of renewable energy? Many argue that it is, but there is also persuasive evidence that it could also  boost integration of renewable energy into power grids, by providing a complement to intermittent sources of electricity.

Apr 4, 2014: This Week in #SouthAsiaDev

Liana Pistell's picture
We've rounded up 18 tweets, posts, links, and +1's on South Asia-related development news, innovation, and social good that caught our eye this week. Countries included: Afghanistan, Bangladesh, Bhutan, India, Nepal, and Pakistan. For regular #SouthAsiaDev updates, follow us on Facebook and Twitter

In Yemen: Less diesel, more roads?

Wael Zakout's picture
A rural road in Yemen -  Mohammed Al-Emad

In a conversation I had recently with the Minister of Public Works, the Minister proposed an ambitious program: to provide road access to one thousand Yemeni villages. He reckoned it would cost around US$1 billion. This was on top of something the Minister had already started, a project for an expressway to connect the cities of Aden, Taiz, Sana’a, Amran, and Saada to the Saudi Border. Financing for part of this other ambitious project had been secured from Saudi Arabia and the World Bank. We are working together to secure funding to finance the rest of the expressway.

The Angola paradox: Development aid in a "wealthy" country

Thomas Dickinson's picture



Preparing a recent project mission to Angola, I came across the country’s latest accomplishment: a gigantic new refinery to consolidate its national oil industry. Looking at that massive structure, I was hit with a sudden thought: if they can pull off such an enormous and complex feat of engineering, what do they need me for?

Moving beyond street protests: Building social accountability in the Arab world

Line Zouhour's picture
Young man in the streets of Tripoli

At the heart of the upheavals that swept across the Middle East region during the Arab Spring was the call for more transparent, fair and accountable government. In the aftermath of the uprisings, specialists are left to address the issue of transition to democratic rule. In doing so, they have to answer the following questions: how can we systemize the culture of accountability and democratic governance? How can we channel the popular energy of street mobilization into a powerful institution that keeps duty-bearers in check?
 

Climate Tech in Ethiopia? Yes!

Michael Ehst's picture



This week marks the launch of the new, World-Bank supported Ethiopia Climate Innovation Center (CIC). The center joins a global network of CICs and is designed to support local Ethiopian businesses that are responding to the challenges of climate change by providing mentorship, financing, access to markets, and policy support.

Why Do More Than 50,000 Families in Bangladesh Buy a Solar Home System Every Month?

Zubair K M Sadeque's picture

“Does the solar home system work? Do you really get better lights? Or, is it just a big fuss?’ I have been asking solar home systems households in rural Bangladesh these basic questions for the past five years as part of my implementation review missions for the Rural Electrification and Renewable Energy Development program, which has installed over  2.8 million solar home systems since 2002. This has so far contributed to a 9% increase in access to electricity in Bangladesh.


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