The World Federation of Development Financing Institution’s Knowledge Hub (WFDFI_KH) is an online portal that clusters knowledge and resources on development financing across all development intervention areas. It is a free-for all web space where development financing practitioners and enthusiasts could access existing and compelling knowledge products from a wide range of institutions, with diverse structure and procedures, engaged in supporting and promoting development finance and its crosscutting issues in advancing policies, processes, programs, projects and practices for the benefits of their beneficiaries and stakeholders. The two-fold purposes of the WFDFI_KH are shaping and advancing policy and advocacy positions that impact the development of the banking and finance community worldwide and improve DFI capacity, as well as facilitating knowledge management and sharing.
The lecture was held at a time of heightened geoplitical tensions, which could have significant implications for global trading and financial systems with far-reaching impact for African and Caribbean countries and, more generally, for developing economies. It provided the opportunity to reflect on the contours of the global financial architecture that could emerge from the turbulent global economic environment to meet the challenges of the 21st century.
This paper examine the impact of offering conditional cash transfer (CCT) beneficiaries the choice to receive cash transfers in bank accounts instead of cash. It investigate the effects on savings behavior and downstream outcomes such as assets and trust. It find, on average, no significant impact on overall savings or downstream outcomes.
The risk outlook for regional financial conditions is
generally balanced. On the upside, softening inflation in
the region has led most regional central banks to move
toward the end of their monetary tightening cycles.
A faster-than-expected decline in inflation in advanced
economies, combined with financial risk considerations,
might lead to a less hawkish monetary stance in advanced
economies. However, the inflation path remains
uncertain. Elevated price pressures together with a robust
economic performance and strong job market in the US
could support further monetary tightening.
This report aims to give an overview of Korea’s energy efficiency policy experience for the benefit of policy makers and industry practitioners aiming to promote and scale up energy efficiency improvements in the industry sector, particularly in manufacturing. The report also aims to provide industry practitioners with lessons drawn from practices implemented by industry subsectors and groups of energy-intensive firms in Korea.
This study uses a desk review and stakeholder insights to explore the potential role of exports in DRM. While the traditional approach primarily views exports as a significant driver of economic growth, this paper makes a departure from the usual focus on traditional revenue sources (tax and non-tax) by recognizing them as viable revenue sources.
In 2022, North African countries struggled with the challenges of rising inflation and growth recovery, which have been exacerbated by external shocks, including the long-lasting effects of the COVID-19 pandemic and the spillover effects of Russia’s invasion of Ukraine. The region registered moderate economic growth of 4.1 percent in 2022 against 5.4 percent in 2021.
Countries have been increasingly decentralizing and devolving powers to lower levels of government in the hope of improving services delivery. Yet proliferation of governments, particularly in a developing country setting, may create fiscal and policy uncertainty and increase the tax and compliance burden for private businesses, with potentially detrimental effects for investment. This hypothesis is tested in the context of Indonesia, which has increased the number of districts from 284 in 1989 to 511 by 2014.
The survey results came at a critical moment for Africa, following COP 27, where the central issues were finding more resources to mitigate global warming and adapting to its effects. A decisive agreement was also made on a new “loss and damage” fund for vulnerable countries severely hurt by climate disasters.
Read the full survey to discover how people in Africa view climate change's impact on their livelihood.
Zimbabwe is a landlocked African country with an estimated population of 14.65 million people as of 2019 with females accounting for 52 percent of the population resulting in a sex ratio of almost 92 percent. ZimStat, 2017). The population of Zimbabwe is relatively young with 40 percent of the population estimated to be below the age of 15 and about 6 percent aged 65 years and above. Seventy percent of the population is based in rural areas with the rest residing in urban areas. The average household size is estimated at 4.2 persons per household (ZimStat, 2017). There is a high number of female-headed households, which highlights the need for gender-inclusive strategies to ensure these households have equal access to climate change adaptation technologies.
Zimbabwe has experienced major structural changes including hyperinflation, changes in the land tenure system, disruption of the agriculture sector and increased dependence on natural resources to spur economic growth.
The Africa Initiative has developed and expanded its capacitybuilding activities to ensure transparency and exchange of information (EOI) benefit African countries. In 2022, five African countries reported identifying EUR 76.6 million of additional revenues (tax, interests and penalties) through EOI, the highest amount since the launch of the Africa Initiative in 2014.