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Collaborative governance for local economic development : lessons from countries around the world
\"Although collaborations for local and regional economic development have been popular in recent years, it is not yet wholly clear when or how such efforts bring successful outcomes. Using an integrative conceptual framework for collaborative governance, this innovative collection provides a systematic and interdisciplinary analysis of real-world collaborative networks for local and regional economic development. Focusing on a wide range collaborative economic development in diverse cities and regions in USA, Canada, Germany, India, Italy, and South Korea, the chapters explore what forces motivate the emergence of collaborative economic development efforts. Each chapter explores the factors which contribute to or hinder collaborative governance efforts for economic development and identifies lessons for overcoming challenges to creating communities that are economically resilient, environmentally sustainable and politically engaged in the era of globalization. By focusing on collaborative governance and its implications for the ability of policies to meet the challenges of the 21st century, it provides lessons for researchers in public management, urban planning/development, public policy, and political science, as well as practitioners interested in promoting local economic development\"-- Provided by publisher.
Book
Remittances and Vulnerability in Developing Countries
This paper examines how international remittances are affected by structural characteristics, macroeconomic conditions, and adverse shocks in recipient economies. We exploit a novel, rich panel data set, covering bilateral remittances from 103 Italian provinces to seventy-nine developing countries over the period 2005–2011. We find that remittances are negatively correlated with the business cycle in recipient countries and in particular increase in response to adverse exogenous shocks, such as large terms-of-trade declines. This effect is stronger where the migrant communities have a larger share of newly arrived migrants. Finally, we show that recipient-country financial development is negatively associated with remittances, suggesting that remittances help alleviate credit constraints.
Journal Article
World bank group support to public-private partnerships
Unlocking Infrastructure Potential Through Public-Private Partnerships World Bank Group Support to Public-Private Partnerships examines the effectiveness of the World Bank Group's assistance to developing countries in utilizing public-private partnerships (PPPs) for infrastructure development. This evaluation assesses the relevance, success, and coordination of the Bank Group's PPP initiatives, offering valuable lessons and recommendations. This study is for government officials, policymakers, development practitioners, private sector investors, and academics interested in: * Overcoming infrastructure deficits * Mobilizing private sector finance * Improving project preparation and execution * Creating enabling environments for PPPs * Achieving sustainable development outcomes Discover how the World Bank Group's strategic framework, resource deployment, and inter-institutional collaboration can drive successful PPPs and foster economic growth in client countries.
eBook
Project finance in construction : a structured guide to assessment
This work provides a structured process for determining the commercial viability of large construction projects - from gas pipelines and bridges to hospitals and schools - procured with project finance (PF). With this guide, readers can develop their own assessment structures as required using the assessment mechanism described.
Book
Moderating Role of Sustainable Leadership on the Relationship Between Sustainable Project Management and Success: An Empirical Test in Public Sector Development Program
Sustainable project management (SPM) is pivotal for enhancing sustainable project success (SPS) and transforming organizations into sustainable practices. Many prior studies empirically found that SPM is positively associated with SPS. This association can be further enhanced through sustainable leadership. However, the role of sustainable leadership as a moderator on the association between SPM and SPS has not been fully grabbed in the prior studies, especially the public sector development program (PSDP) in Pakistan remained unexplored. The study aimed to investigate the moderating role of sustainable leadership on the association between SPM and SPS in the PSDP projects in Pakistan. Using a quantitative survey-based design and the data from 285 completed PSDP projects collected through a single informant strategy, the hypothesized relationships were tested with the PLS-SEM-based hierarchical component modeling approach. The results revealed that SPM is positively associated with SPS and sustainable leadership moderates the association between SPM and SPS in this context. The study provides important insights into the emerging trend of SPM and SPS and evocatively contributes to the existing literature. The study also contributes to the practice and assists project managers, decision-makers, and policy-makers in planning and developing PSDP projects more effectively to achieve sustainable development goals (SDGs). The findings are also beneficial for other countries operating in similar circumstances.
Plain language summary
The study investigates the moderating role of sustainable leadership on the linkage between sustainable project management (SPM) and sustainable project success (SPS) in the public sector development program (PSDP) projects in Pakistan. Using a quantitative survey-based design and the data from 285 completed PSDP projects collected through a single informant strategy, the hypothesized relationships were tested with the PLS-SEM-based hierarchical component modeling approach. The results indicated that SPM is positively associated with SPS and sustainable leadership moderates the association between SPM and SPS in this context. The study contributes to theory and practice.
Journal Article
Privilege-resistant policies in the Middle East and North Africa : measurement and operational implications
\"Renewing the social contract--one of the pillars of the new World Bank Group strategy for the Middle East and North Africa--requires a new development model built on greater trust; openness, transparency, inclusive and accountable service delivery; and a stronger private sector that can create jobs and opportunities for the youth of the region. Recent analytic work trying to explain weak job creation and insufficient private sector dynamism in the region point to formal and informal barriers to entry and competition. These barriers privilege a few (often unproductive) incumbents who enjoy a competition edge due to their connections or ability to influence policy making and delivery. Policy recommendations to date in the field of governance for private sector policymaking have been too general and too removed from concrete, actionable policy outcomes. This report proposes--for the first time--to fill this policy and operational gap by answering the following question: What good governance features should be instilled in the design of economic policies and institutions to help shield them from capture, discretion and arbitrary implementation? Privilege-Resisitant Policies in the Middle East and North Africa benchmarks eight countries on a number of policy areas with regard to their vulnerability to privilege-seeking. The book offers various operational and technical entry points to enhance privilege-resistant policy making in a concrete way that is politically tractable in different country contexts.\"--Page 4 of cover.
Book
China 2030
China's economic performance over the past 30 years has been remarkable. The report is based on the strong conviction that China has the potential to become a modern, harmonious, and creative high income society by 2030. The report proposes six strategic directions for China's new development strategy: 1) rethinking the role of the state and the private sector to encourage increased competition in the economy; 2) encouraging innovation and adopting an open innovation system with links to global research and development networks; 3) looking to green development as a significant new growth opportunity; 4) promoting equality of opportunity and social protection for all; 5) strengthening the fiscal system and improving fiscal sustainability; and 6) ensuring that China, as an international stakeholder, continues its integration with global markets.
eBook
Donor Competition for Aid Impact, and Aid Fragmentation
We show that donors that maximize relative aid impact spread their budgets across many recipient countries in a unique Nash equilibrium. This aid fragmentation result is robust to the introduction of fixed costs, even if they are improbably large. In equilibrium, smaller donors have less fragmented aid, and behave better from an efficiency viewpoint. We present evidence that our theoretical results are in line with cross-country correlations. Our analysis has important policy implications: First, short of ending donors' maximization of relative aid impact, agreements to better coordinate aid allocations are not implementable. Second, since policies to increase donor competition in terms of aid effectiveness risk reinforcing relativeness, they may well backfire, as any such reinforcement increases aid fragmentation.
Journal Article