You are Invited to a Discussion about why Reforms of State-Owned Enterprises are Critical for Growth, Jobs and Development.
World Bank Group Governance Global Department Update
If you're having trouble reading this message, click here |
|---|
 |
|---|
 Emerging market and developing economies (EMDEs) spend about 6.9% of GDP on subsidies, more than their combined direct expenditure on health and education. Yet a large share of subsidy expenditures lacks oversight and often proves ineffective, inefficient, or inequitable. Even modest subsidy reforms could generate savings of up to 1.9% of GDP in high-subsidy countries — resources that could be used for productive spending to support growth and jobs. With EMDEs facing decelerating growth and rising fiscal pressures, and amid compound shocks and elevated policy uncertainty, the need to rethink subsidy expenditures has never been more urgent. The event will explore how countries can design and implement well-designed subsidy reforms. The objective is not necessarily to cut support, but to ensure new and existing interventions deliver on their objectives, and do so in a manner that is efficient, equitable, and time-bound.
|
|---|
PUBLICATION |
|---|
 | Hooked on Subsidies: The Case for Reform This report examines how subsidies in emerging markets and developing economies can either strengthen growth and resilience or entrench inefficiency and inequality. It provides evidence-based analysis and practical guidance to improve transparency, design, and implementation so that subsidies better support fiscal sustainability, productivity, poverty reduction, and job creation.
|
|---|
BLOG |
|---|
 | Why Reforms for State-Owned Enterprises Remain Critically Important for Growth, Jobs, and Development State-owned enterprises (SOEs) are involved in almost every facet of life across developing countries. Why do SOE reforms often look promising on paper but fail to deliver results in practice?
|
|---|
FOLLOW US |
|---|
 |
|---|
Join the Conversation! Please Follow Our New LinkedIn Channel See you there! |
|---|
Connect with us on social media! |
|---|
|
|---|
Accredited journalists may obtain advance access to reports and information by registering with the Bank's Online Media Briefing Center, a password-protected site for working journalists. Material in this newsletter is copyrighted. Requests to reproduce it, in whole or in part, should be addressed to pubr...@worldbank.org For more information visit our website: www.worldbank.org/en/topic/governance. |
|---|
