Quality report on European statistical business registers – 2026 edition
European statistical business registers, comprising national registers and the EuroGroups register, form the backbone of EU business statistics. This second edition of the report evaluates the...
Eurostat > Statistical ReportsStriving for Economic Security : Emerging Middle Class in the East Asia and Pacific Region
The East Asia and Pacific region has made remarkable progress on poverty reduction, transforming the economic lives of hundreds of millions of people. With growth prospects dimmer in a world that is increasingly polarized, the question of what it will take to convert the success in poverty reduction into a similar success in growing and nurturing the emergent middle class has become critical for the region. Providing an updated definition of middle class that is grounded in the concept of economic security, this paper presents new evidence on the size, evolution, and characteristics of the region’s middle class. The results show that around a third of the region’s population belongs to t..
The World Bank > Documents & ReportsDemographic Transition and Education Expenditure in South Asia : Opportunities and Challenges
Decline in the school-age population due to demographic changes presents an opportunity to redirect resources within the education sector to improve access and quality. However, the experiences of countries that have gone through similar demographic transitions show that a shrinking student population does not automatically translate into more efficient spending due to structural and political challenges. Realizing the potential fiscal space depends critically on how education systems adapt in practice to demographic changes. This paper projects public education expenditure as a percentage of gross domestic product from 2020 to 2050 across eight South Asian countries, considering demographic..
The World Bank > Documents & ReportsThe Effect of Survey Mode on Data Quality : Experimental Evidence from Nigeria
This paper uses a large-scale experiment in rural Nigeria to study the role of survey mode—in-person versus over the phone—in survey measurement and data quality. The experimental design isolates mode effects from other common sources of errors in surveys and covers 20 outcome measures across topics such as health, labor, shocks, wellbeing, and food security. The findings indicate consistent mode effects across outcomes, with phone responses differing from in-person responses by 17-18 percent at the median. These effects are large relative to other errors in phone surveys, such as under-coverage of households without phones. A within-respondent design enables capturing the full, responde..
The World Bank > Documents & ReportsThe Rise and Regulation of Digital Credit: Lessons from Indonesia
This paper examines the rise of fintech lending in Indonesia, using a dataset of more than 139,000 individual credit records representative of the full spectrum of consumer loans in the country. The analysis reveals that fintech lending has become deeply embedded in Indonesia’s financial landscape, with more than 40 percent of borrowers holding at least one fintech loan at the end of the sample period. While digital lenders have expanded financial inclusion by reaching significant numbers of previously unbanked households, they remain limited in their geographical reach, primarily finance consumption, and account for only a small share of total consumer credit. Over time, a substantial sha..
The World Bank > Documents & ReportsIndividual Demand for Building State Effectiveness
Investments in public sector workers’ human capital can generate social returns by improving service delivery and state effectiveness. Yet it is unclear whether public workers internalise these broader benefits when making investment decisions. This study elicited willingness-to-pay (WTP) for professional development from Ethiopian public servants and embedded randomised interventions targeting anticipated benefits. Baseline WTP is positive but below implementation costs. Explicitly emphasising private benefits modestly raises demand compared to highlighting societal returns. Implicitly increasing the salience of a supportive managerial environment substantially increases WTP, underscoring..
The World Bank > Documents & ReportsDoes LLM Assistance Improve Healthcare Delivery ? An Evaluation Using On-Site Physicians and Laboratory Tests
This study tests the effects of large language model (LLM) decision support on patient care at two outpatient clinics in Nigeria. Health workers were given the option to make revisions to their initial care plan based on LLM feedback. The unassisted and assisted plans are evaluated using (1) comparisons with independent care plans created by on-site physicians, (2) laboratory tests for malaria, anemia, and urinary tract infections, and (3) a blinded randomized assessment by the on-site physician who saw the same patient. In response to LLM feedback, health workers changed their prescribing for more than half of the patients and reported high satisfaction with the recommendations. In a select..
The World Bank > Documents & ReportsNot All Shocks Are Shared Equally : Commodity Exporters and International Risk Sharing
Using world commodity prices as an instrument, this paper proposes a novel method for decomposing channels of international risk sharing for commodity-exporting countries. The method identifies the commodity “sector”' as the projection of gross national product growth on commodity-price growth, and the non-commodity “sector”' as its orthogonal complement. The findings show that commodity-price-induced risk is shared significantly more than other risks, in particular via pro-cyclical government savings, but also via counter-cyclical net international factor income.
The World Bank > Documents & ReportsHow Much Do Commodity Exporters Share Risk ?
Commodity-exporting countries face important challenges in shielding their economies from commodity price volatility. In an ideal world, a country would buy and sell foreign assets to insure itself against volatility caused by the destabilizing economic impact of gross domestic product fluctuations over time. The literature on the topic, which has mainly focused on risk sharing across advanced economies, has found a puzzlingly low amount of risk sharing. Using a sample of 110 countries between 1995 and 2019, this paper finds that commodity exporters share 46 percent of their risk as a group internationally, significantly more so than non-commodity exporters, which share about 33 percent of t..
The World Bank > Documents & ReportsAfrican Trade and Investment for Global Resilience : The Mattei Lecture at the World Bank’s 2025 Africa Growth and Opportunity—Research in Action (AGORA) Conference
This paper, based on the Mattei Lecture that the author delivered at the 2025 Africa Growth and Opportunity–Research in Action Conference, argues that Africa can anchor a new model of growth—and bolster global resilience—by shifting from commodity dependence to value-added production and deeper integration into trade and investment networks. Against a backdrop of strained multilateralism and falling foreign direct investment to developing economies, global trade remains more robust than presumed, with goods, services, and South-South flows expanding. Africa’s goods exports are projected to grow rapidly, and digitally delivered services have surged from a low base, underscoring untapp..
The World Bank > Documents & ReportsThe Hidden Costs of Violence : How Crime Shapes Women’s Labor Market Outcomes in Latin America
This study explores the gendered impacts of violent crime on economic opportunities in Latin America and the Caribbean. While both men and women experience violent crime, their exposure to violent crime and the consequences they suffer differ. Women are disproportionately affected by intimate partner violence, sexual harassment, and mobility restrictions, all of which limit their labor market participation and economic independence. Through a review of the literature, the study identifies six primary mechanisms through which violent crime affects women’s economic outcomes: sectoral segregation, fear of victimization, mobility constraints, intra-household bargaining power shifts, increased ..
The World Bank > Documents & ReportsWho Benefits from Public Spending on Health Care ? Longitudinal Evidence from Ethiopia
This study investigates the distribution of benefits from public health care spending in Ethiopia by combining individual health care utilization data from the 2018/19 and 2021/22 waves of the Ethiopia Socioeconomic Panel Survey with regional budget information. It analyzes how health care subsidies and out-of-pocket expenditures are distributed across income groups and rural-urban settings. The results show that, although public health care use and subsidies are generally progressive, they tend to favor wealthier individuals. Further disaggregation by facility type and location over time provides deeper insight into these distributions. Hospital care subsidies are largely pro-rich, while be..
The World Bank > Documents & ReportsCLARE : A Causal machine Learning Approach to Resilience Estimation
This paper proposes a new resilience index, CLARE (Causal machine Learning Approach to Resilience Estimation), which is rooted in an impact evaluation framework and causal machine learning algorithms applied to longitudinal household survey data. The indicator is model-agnostic, data-driven, scalable, and normatively anchored to wellbeing thresholds, and can be either shock-specific or a general-purpose resilience metric. The paper provides an empirical demonstration of constructing the CLARE resilience index, leveraging more than 28,000 household observations from 19 nationally representative, longitudinal, multi-topic surveys that were implemented by the national statistical offices in Mal..
The World Bank > Documents & ReportsEvaluating Paraguay’s Vulnerability to the EU Deforestation-Free Regulation
This paper examines Paraguay’s vulnerability to the European Union’s Regulation on Deforestation-Free Products. Drawing on trade data, customs firm-level data, and high-resolution geospatial analysis, it assesses exposure at the country, firm, and geographic levels. The results show that Paraguay’s direct export exposure to the European Union’s Regulation on Deforestation-Free Products is modest, but indirect exposure through Argentina’s soy value chain could affect up to 13 percent of Paraguay’s exports. Firm-level evidence indicates that soy and rubber exports are concentrated among a few large firms, whereas the emerging wood and forestry sector is fragmented across small and ..
The World Bank > Documents & ReportsFirm Credit Constraints and Electronic Payments: A Global Analysis
Understanding the drivers of credit constraints is essential for fostering private sector development and firm growth. This study examines the channels through which electronic payments influence firm credit constraints across 101 economies. It explores heterogeneity at the firm and aggregate levels to identify key policy and environmental factors that shape this relationship. The findings indicate that payment digitalization plays a critical role in alleviating firm credit constraints, particularly for small firms and in economies with weaker credit infrastructure and lower levels of financial development. These results support the view that electronic payments help reduce information asymm..
The World Bank > Documents & ReportsUnreliable Electricity in Developing Countries : The Role of Weak Institutions
Unreliable electricity supply in developing countries is a persistent problem with significant adverse consequences for economic growth. This paper uses a novel database on utilities, which provides systematic data on reliability, and links it to available data on country-level institutions to provide new evidence on variation in reliability across countries. The data reveal that utilities located in countries with weak institutions for controlling corruption perform significantly worse at delivering reliable electricity. The data also show that privately owned utilities perform better than publicly owned ones, consistent with standard reforms of privatization that are pursued to overcome go..
The World Bank > Documents & Reports“I Want to Break Free”: How Laws and Social Norms Open Doors for Women
This paper develops a conceptual framework to analyze how gendered social norms mediate the effects of legal frameworks on women’s economic empowerment. Using the World Bank’s Women, Business and the Law domains, Safety, Mobility, Work, Pay, Marriage, Parenthood, Childcare, Entrepreneurship, Assets, and Pension, as an organizing structure, the study conducts a targeted, systematic review of 130 studies focused on nearly 30 single-country cases and diverse regional or multi-country contexts. Each study is coded by domain, research method, and type of norm-law interaction, enabling the identification of patterns of evidence and gaps. Only 56 percent of the reviewed studies establish causal..
The World Bank > Documents & ReportsNeither Too Little, nor Too Late : Restructuring as a Reflex for Outcomes
This paper examines whether project restructuring improves World Bank project performance. Using panel data on Implementation Status and Results ratings, it combines two-way fixed effects with the PanelMatch estimator to address concerns that restructurings are endogenously timed. Restructurings consistently raise Implementation Status and Results ratings, and these gains persist across successive reporting cycles. Timing and scope both matter: early restructurings generate durable improvements, while late interventions yield shorter-lived boosts bounded by project horizons. Level I restructurings produce larger effects than Level II adjustments. These patterns show that adaptation works bes..
The World Bank > Documents & ReportsHeat, Informality, and Misallocation: Firm Adaptation in the Short and Long Run
How do climate shocks shape resource allocation across firms? Rising temperatures might worsen allocative efficiency if large, productive firms face constraints in adapting. This paper assesses this question in India, an economy characterized by informality, misallocation, and extreme heat. The paper uses census data on 42 million non-farm establishments from 1990 to 2013 linked to granular climate histories to estimate the impact of heat on the firm size distribution. A 1 degree Celsius temperature shock reduces firm size by 11.6 percent, with losses concentrated among large, formal firms. Displaced workers reallocate to smaller, informal firms, generating allocative efficiency losses of up..
The World Bank > Documents & ReportsSouth Africa’s Fragmented Cities : The Unequal Burden of Labor Market Frictions
Using high-resolution administrative, census, and satellite data, this paper shows that South African cities are characterized by spatial mismatches between where people live and where jobs are located, relative to 20 global peers. Areas within 5 kilometers of commercial centers have 9,300 fewer residents per square kilometer than expected, which is 60 percent below the global median. Poor, dense neighborhoods are most affected. In Johannesburg, a 10-percentile increase in distance from the nearest business hub corresponds to a 3.7-percentile drop in asset wealth (a proxy of household wellbeing) and 4.9-percentile drop in employment. In Cape Town, the declines are 4.0 and 3.7 percentiles, re..
The World Bank > Documents & ReportsNudging at Scale : Evidence from a Government Text Messaging Campaign during School Shutdowns in Punjab, Pakistan
Text and voice messages have emerged as a low-cost and popular tool for nudging recipients to change behavior. This paper presents findings from a randomized controlled trial designed to evaluate the impact of an information campaign using text and voice messages implemented in Punjab, Pakistan during the COVID-19-induced school closures. This campaign sought to increase study time and provide academic support while schools were closed and to encourage reenrollment when they opened, to reduce the number of dropouts. The campaign targeted girls enrolled in grades 5 to 7. Messages were sent out by a government institution, and the campaign lasted from October 2020 until November 2021, when sch..
The World Bank > Documents & Reports