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Cote d'Ivoire Economic Update, March 2015First in a series, which aims to analyze the recent economic and financial situation in Côte d'Ivoire, this report analyzes the main macroeconomic developments and structural policies of the country from 2013 until mid-2014. It also reflects on the underlying factors of the strong economic recovery in Côte d'Ivoire since the end of the post-election crisis, to assess the likelihood of sustained economic growth and significant poverty reduction in the country. Finally, the report analyzes the effects of declining oil prices and the appreciation of the dollar against the euro and the CFA franc on the Ivorian economy. This edition does not examine the impact of strong economic growth on the Ivoirian population's well-being indicators such as, poverty, employment and inequality. Within the scope of this report, the objective is to understand the factors contributing to the strong economic recovery in Côte d'Ivoire. This economic update is targeted toward a larger audience, in order to stimulate constructive debate on public policy in the country and between the country and its development partners.
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Trade and Trade Finance Developments in 14 Developing Countries Post September 2008 : A World Bank SurveyIn the aftermath of the Lehman Brothers
 collapse in September 2008, drop in the supply of trade
 finance, a critical engine for trade transactions, has
 become an acute concern for the development community. Banks
 were increasing pricing on trade finance transactions to
 cover increased funding costs and higher credit risks, and
 trade was dropping drastically in most countries, with
 global trade projected to decline in 2009 for the first time
 in decades. Yet, little was known about the real impact of
 the crisis on developing country s capacity to export. The
 World Bank has commissioned a firm and bank survey on trade
 and trade finance developments in developing countries
 during the first quarter of 2009 to collect field
 information. In total, 425 firms and 78 banks were surveyed
 in 14 developing countries across five regions. This paper
 summarizes the findings of the survey as well as discusses
 the type of policies governments and international
 organizations put in place to mitigate the impact of the
 crisis. In sum, the survey findings confirmed that the
 global financial crisis has constrained trade finance for
 exporters and importers in developing countries. But the
 impact varied by the firm size, sectoral activity, and
 countries integration into the global economy. In
 particular, SMEs were particularly affected, and export
 diversification was made more difficult, especially in low
 income countries. Nevertheless, drop in demand has emerged
 as the top concern of firms at the time when the survey was
 conducted in March-April 2009.
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Bangladesh Development UpdateWeak exports and investments resulting from the impact of the euro-area crisis, domestic supply constraints, and intensified strikes and unrests underpin the growth slowdown. Strong remittances and robust service sector performance are expected to help maintain growth at a still healthy level. Increasingly fragile political stability does not bode well for revival of investment needed to accelerate growth. A broad-based declining inflation trend appears to be gaining ground. Average (twelve-monthly-moving) inflation has declined steadily over the past ten months, from a peak of nearly 11 percent in February 2012 to 8 percent in March 2013, reflecting declines in both food and non-food inflation. Favorable international commodity prices, a stable exchange rate and monetary tightening contributed to lowering inflation.