Sustainable Growth Newswire

EPF compiles a selection of policy oriented-research from around the globe pertaining to its policy initiatives. To receive a weekly email of the newswire, please subscribe to our newsletter

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Beyond the Gap : How Countries Can Afford the Infrastructure They Need while Protecting the Planet

The World Bank  
Policy Initiative: Sustainable Infrastructure
28. February 2019

Beyond the Gap: How Countries Can Afford the Infrastructure They Need while Protecting the Planet aims to shift the debate regarding investment needs away from a simple focus on spending more and toward a focus on spending better on the right objectives, using relevant metrics. It does so by offering a careful and systematic approach to estimating the funding needs to close the service gaps in water and sanitation, transportation, electricity, irrigation, and flood protection. Exploring thousands of scenarios, this…

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Exports to Jobs : Boosting the Gains from Trade in South Asia

The World Bank  
Policy Initiative: Future of Work
28. February 2019

South Asia’s economy has grown rapidly, and the region has made a significant reduction in poverty. However, the available jobs for the growing working population remain limited. Policy makers are contending with lingering concerns about jobless growth and poor job quality. Exports to Jobs: Boosting the Gains from Trade in South Asia posits that exports, could bring higher wages and better jobs to South Asia. The World Bank | Exports to Jobs : Boosting the Gains from Trade in South…

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Assessing Rural Accessibility and Rural Roads Investment Needs Using Open Source Data

The World Bank  
Policy Initiative: Sustainable Infrastructure
22. February 2019

Rural accessibility is the only metric used in the Sustainable Development Goals to track progress toward better transport services in low- and middle-income countries. This paper estimates the rural accessibility index, defined as the proportion of the rural population who live within 2 kilometers of an all-season road, in 166 countries using open data. It then explores the cost of increasing the rural accessibility index in 19 countries, using an algorithm that prioritizes rural roads investments based on their impact…

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Growth at Risk: Concept and Application in IMF Country Surveillance

The World Bank  
Policy Initiative: Innovation and Economic Diversification
22. February 2019

The growth-at-risk (GaR) framework links current macrofinancial conditions to the distribution of future growth. Its main strength is its ability to assess the entire distribution of future GDP growth (in contrast to point forecasts), quantify macrofinancial risks in terms of growth, and monitor the evolution of risks to economic activity over time. By using GaR analysis, policymakers can quantify the likelihood of risk scenarios, which would serve as a basis for preemptive action. This paper offers practical guidance on how…

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High-Growth Firms : Facts, Fiction, and Policy Options for Emerging Economies

The World Bank  
Policy Initiative: Future of Work
22. February 2019

Remarkably, a small fraction of firms account for most of the job and output creation in high-income and developing countries alike. Does this imply that the path to enabling more economic dynamism lies in selectively targeting high-potential firms? Or would pursuing broad-based reforms that minimize distortions be more effective? Inspired by these questions, this book presents new evidence on the incidence, characteristics, and drivers of high-growth firms based on in-depth studies of firm dynamics in Brazil, Côte d’Ivoire, Ethiopia, Hungary,…

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The AI Road to Serfdom?

Project Syndicate  
Policy Initiative: Future of Work
22. February 2019

Estimates of job losses in the near future due to automation range from 9% to 47%, and jobs themselves are becoming ever more precarious. Should we trust the conventional economic narrative according to which machines inevitably raise workers' living standards? Project Syndicate| The AI Road to Serfdom?

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Thinking Strategically: Using Resource Revenues to Invest in a Sustainable Future

World Economic Forum  
Policy Initiative: Innovation and Economic Diversification
22. February 2019

This white paper explores how the shifting global energy landscape will impact the revenues and economies of fossil fuel rich nations, and how they can use policy-linked, private sector investment techniques to address these challenges. WEF| Thinking Strategically: Using Resource Revenues to Invest in a Sustainable Future  

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World Employment and Social Outlook: Trends 2019

International Labour Organization  
Policy Initiative: Future of Work
15. February 2019

This report provides an overview of global and regional trends in employment, unemployment, labour force participation, productivity, as well as employment status, informal employment and working poverty. It also examines income and social developments, and provides an indicator of social unrest. A key finding is that poor job quality is a prime concern for the most of the global labour force. In addition, unemployment and labour underutilization remain high in many countries, despite improvements in recent years. The report also…

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