we were discussing yesterday.
 
Any comments?
 
Umesh

Research <[EMAIL PROTECTED]> wrote:
From: Research<[EMAIL PROTECTED]>
To: [EMAIL PROTECTED]
Subject: World Bank Research E-Newsletter [October 2005]
Date: Thu, 03 Nov 2005 18:49:00 -0500


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International Migration, Remittances and the Brain Drain
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The analysis on migrants’ remittances presented in a new Bank publication, "International Migration, Remittances and the Brain Drain", shows that migration in general has a positive, poverty-reducing impact on development. Edited by Schiff and Ozden, the study also highlights the more ambiguous picture that emerges when the focus shifts to the so-called "brain drain" or exodus of educated migrants from developing countries. A chapter by Docquier and Marfouk unveils the most comprehensive database on the brain drain to date, based on census and survey data from OECD countries. The new data show that smaller, lower-income countries are the most susceptible to the brain drain. For instance, eight out of ten Haitians and Jamaicans who have college degrees live outside their country. This is in sharp contrast to much bigger countries such as China and India, from which only three to five percent of graduates have emigrated.

Read more about the research program, download or buy the book, and access resources related to migration at http://econ.worldbank.org/programs/migration

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RISE-PAK: New Website for Earthquake Relief Data
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A new information-sharing web portal Relief and Information Systems for Earthquakes (RISE)--Pakistan now provides information about the 4,000 earthquake-affected villages in Pakistan's largely rural North West Frontier Province and in Jammu & Kashmir. Initiated by World Bank staff in response to an urgent need for information, RISE-PAK was developed very quickly by a consortium of experts from US and Pakistani Universities, the World Bank and the private sector with support from the Government of Pakistan. It provides up-to-date damage and relief information about affected villages based on data on population statistics, satellites, geographical systems, as well as from agencies, relief workers, local officials, and anyone with access to immediate village-level data that will critically support the current coordination of relief. Information is provided in a flexible, searchable format.

Visit the portal at http://www.risepak.com 

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Trade Costs, Facilitation, and Economic Growth: The Development Dimension
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Developing countries can make gains from trade, but only if those gains exceed the costs of trade. The Development Economics Research Group has launched a two-year study
on trade costs and economic development. The program, funded by the UK Department for International Development (DFID), is to focus on how lowering trade transactions costs -- and policies to support competitiveness -- affect poverty and development prospects. It will explore the impact of dynamic gains associated with lowering trade costs, in addition to the sources of trade costs, such as corruption, security protocols, distance to markets, technical regulations, and others, as well as the utility of policy interventions and the (potential) role of international cooperation, such as trade agreements and development aid. Finally, it will assess the outcomes and potential impacts of trade costs on key variables of interest – poverty, growth, and export diversification, among others. It will include in this analysis specific subsets of countries, for example land-locked countries and very small economies. The program also includes a series of training /learning events in developing countries sponsored by the Bank and external partners over the next two years.

Please address questions to John S. Wilson, Lead Economist at 
[EMAIL PROTECTED]

Visit the project website at http://econ.worldbank.org/projects/trade_costs

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Financial Development Helps Reduce Poverty
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A new World Bank research study by Beck, Demirguc-Kunt, and Levine reveals that a high level of financial development is a powerful driver of poverty reduction. It is to be expected that a strong financial sector, with sound banks, lively stock and bond markets, established insurance companies, and multiple financial intermediaries, stimulates economic growth. What’s new is this: in countries with well-developed financial sectors, where private credit accounts for a bigger share of GDP, the poor get a bigger income boost from growth. Meanwhile, poor people living in countries with the same growth rate, but in which private credit accounts for a smaller share of GDP, stay poorer. Raising the proportion of private credit available triggers more rapid increases in the incomes of the poor, relatively speaking, as it stimulates growth for the whole economy. In other words, financial development increases national income and reduces income inequality at the same time. It promotes what may be called "pro-poor growth". 
  Full story

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Outline of World Development Report (WDR) 2007: Development and the Next Generation
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The Outline of the 2007 WDR, which will focus on youth--young people between the ages of 12 and 24--is now available online. The Outline is a working tool to guide the World Bank's team of authors in its reflection, consultation and analysis of the Report's theme, Development and the Next Generation, and to inform interested parties about their approach. As it is a work in progress, assertions made in it are neither definitive nor statements of World Bank policy, and cannot be considered findings.

To download the Outline, visit http://www.worldbank.org/wdr2007

Please send comments on the Outline to 
[EMAIL PROTECTED]

Young people may post comments on the Report's themes online at http://youthink.worldbank.org

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New Policy Research Working Papers
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These papers, and all older papers, are also available using the  Document Search on the Bank's Development Economics Research website and on the  Social Sciences Research Network.

3725. The impact on Russia of WTO accession and the Doha agenda: the importance of liberalization of barriers against foreign direct investment in services for growth and poverty reduction. (Thomas Rutherford, David Tarr, Oleksandr Shepotylo)

3726. Introduction and summary to the Handbook of Trade Policy and WTO Accession for Development in Russia and the CIS. (David Tarr, Giorgio Barba Navaretti)

3727. Small-scale private service providers of water supply and electricity: a review of incidence, structure, pricing, and operating characteristics. (Mukami Kariuki, Jordan Schwartz)

3728. Local economic structure and growth. (Rita Almeida)

3729. Mobile license renewal: what are the issues? what is at stake? (Boutheina Guermazi, Isabel Neto)

3730. Preference erosion and multilateral trade liberalization. (Joseph Francois, Bernard Hoekman, Miriam Manchin)

3731. Equity, welfare, and the setting of trade policy in general equilibrium. (Joseph Francois, Hugo Rojas-Romagosa)

3732. Improving the dynamics of aid: towards more predictable budget support. (Benn Eifert, Alan Gelb)

3733. Does openness imply greater exposure? (Cesar Calderon, Norman Loayza, Klaus Schmidt-Hebbel)

3734. Cultivate or rent out? Land security in rural Thailand. (Xavier Gine)

3735. Global impacts of Doha trade reform scenarios on poverty. (Kym Anderson, Will Martin, Dominique van der Mensbrugghe)

3736. Distortions to world trade: impacts on agricultural markets and farm incomes. (Kym Anderson, Will Martin, Dominique van der Mensbrugghe)

3737. Global antidumping database version 1.0. (Chad P. Bown)

3738. Doha scenarios, trade reforms, and poverty in the Philippines: a computable general equilibrium analysis. ( Caesar B. Cororaton, John Cockburn, Erwin Corong) 

3739. Patenting and research and development: a global view. (Mariano Bosch, Daniel Lederman, William F. Maloney)

3740. Health shocks in China: are the poor and uninsured less protected? (Magnus Lindelow, Adam Wagstaff)

3741. Can insurance increase financial risk? The curious case of health insurance in China. (Adam Wagstaff, Magnus Lindelow)

3742. The radio spectrum: opportunities and challenges for the developing world. (Bjorn Wellenius, Isabel Neto)

3743. Do health sector reforms have their intended impacts? The World Bank's Health VIII project in Gansu province, China. (Adam Wagstaff, Shengchao Yu)

3744. Spatial dimensions of trade liberalization and economic convergence: Mexico 1985-2002. (Patricio Aroca, Mariano Bosch, William F. Maloney)

3745. Earnings mobility and measurement error: a pseudo-panel approach. (Francisca Antman, David J. McKenzie)

3746. The poverty impacts of the Doha Round in Cameroon: the role of tax policy. (Christian Arnault Emini, John Cockburn, Bernard Decaluwe)

3747. The social impact of a WTO agreement in Indonesia. (Anne-Sophie Robilliard, Sherman Robinson)

3748. The construction and interpretation of combined cross-section and time-series inequality datasets. (Joseph F. Francois, Hugo Rojas-Romagosa)

3749. Infrastructure concessions in Latin America: government-led renegotiations. (Luis J.Guasch, Jean-Jacques Laffont, Stephane Straub)

3750. Achieving the Millennium Development Goals in Sub-Saharan Africa: a macroeconomic monitoring framework. (Pierre-Richard Agenor, Nihal Bayrakta, Emmanuel Moreira Pinto, Karim El Aynaoui)

3751. The impact of the strong euro on the real effective exchange rates of the two Francophone African CFA Zones. (Ali Zafar)

3752. Spatial dynamics of labor markets in Brazil. ( Kenneth M. Chomitz, Daniel da Mata, Alexandre Ywata de Carvalho, Joao Carlos Magalhaes)

3753. How banks go abroad: branches or subsidiaries?  (Eugenio Cerutti, Giovanni Dell'Árriccia, Maria Soledad Martinez Peria)

3754. Reaching out: access to and use of banking services across countries. (Thorsten Beck, Asli Demirguc-Kunt, Maria Soledad Martinez Peria)

3755. The mix of international banks' foreign claims: determinants and implications. (Alicia Garcia Herrero, Maria Soledad Martinez Peria)

3756. Enforcement of labor regulation, informal labor, and firm performance. (Rita Almeida, Perdro Carneiro)

3757. Poverty impacts of a WTO agreement: synthesis and overview. (Thomas W. Hertel, L. Alan Winters)




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