Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - WTO accession represents a once-in-a-generation opportunity for Timor-Leste to implement deep structural reforms and align domestic policies with international best practices, ensuring stable and predictable market access [12][19] - Timor-Leste faces unique challenges, including a small domestic market, high trade costs, weak export diversification, and vulnerability to natural disasters, which can be addressed through WTO and ASEAN accession [13][14] - The report emphasizes the importance of leveraging WTO accession to enhance economic growth, particularly through services-led development and digital transformation [17][21] Summary by Sections Part I: Recent Trade Performance - Timor-Leste's trade accounted for 89% of GDP in 2021, with exports contributing 26% and imports 63% [25] - The export intensity of GDP rose from 8.3% in 2011, primarily due to oil and gas exports starting in 2019, but overall export competitiveness remains low [25][28] - In 2021, oil and gas constituted over 94% of goods exports, highlighting the need for trade diversification [28] Part II: Overview of the WTO Accession Process - The WTO accession process is lengthy and complex, requiring a tailored approach for each applicant, with specific guidelines for least developed countries (LDCs) like Timor-Leste [46][52] - Domestic institutional arrangements are crucial for effective negotiation and implementation of accession commitments, with an inter-ministerial committee established in Timor-Leste to facilitate this process [54] Part III: WTO Accession and Economic Growth - WTO accession can drive productivity and growth, with empirical evidence linking it to improved national competitiveness [21] - Services-led growth is highlighted as a promising avenue for Timor-Leste, necessitating improvements in the business climate and investments in human capital [21][19] - The report advocates for the use of trade-related technical assistance to strengthen Timor-Leste's quality infrastructure and improve trade facilitation [22][39]

Public Disclosure Authorized Unseen Green Jobs Public Disclosure Authorized A Study on Informal Waste Workers in Vientiane Capital, Lao PDR Public Disclosure Authorized Public Disclosure Authorized © 2024 International Bank for Reconstruction and Development / The World Bank 1818 H Street NW Washington DC 20433 Telephone: 202-473-1000 Internet: www.worldbank.org This work is a product of the staff of The World Bank with external contributions. The findings, interpretations, and conclusions expressed in this ...

Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized BANKING ON WOMEN Who Trade Across Borders Public Disclosure Authorized Acknowledgements This report was commissioned by International Finance Corporation (IFC), a sister organization of World Bank and a member of the World Bank Group. The research was funded under the Goldman Sachs/IFC 10,000 Women program through the Women Entrepreneurs Opportunity Facility. At IFC, the report was developed under the overall guidance of ...

OCIAL PROTECTION & JOB c Disclosure Auth The Gig Economy and the Future of Work: Global Trends and Policy Directions for Non-Standard Forms of Employment + Ramy Zeid, Dana Alrayess, Mohammed Ihsan Ajwad, Mehmet Ali Soytas, and Nayib Rivera MAIN MESSAGES The global rise of the non-standard forms of employment (NSE) creates opportunities and challenges for the labor market. New forms of work have both positive and adverse impacts on firms, workers, and the economy. The degree of penetration of NSE vary signif ...

● THE NATURE-BASED SOLUTIONS OPPORTUNITY SCAN LEVERAGING EARTH OBSERVATION DATA TO IDENTIFY INVESTMENT OPPORTUNITIES IN NBS FOR CLIMATE RESILIENCE IN CITIES AND COASTS ACROSS THE WORLD GLOBAL PROGRAM ON NATURE-BASED SOLUTIONS FOR CLIMATE RESILIENCE GFDRR ( ) THE WORLD BANK THE NATURE-BASED SOLUTIONS OPPORTUNITY SCAN LEVERAGING EARTH OBSERVATION DATA TO IDENTIFY INVESTMENT OPPORTUNITIES IN NBS FOR CLIMATE RESILIENCE IN CITIES AND COASTS ACROSS THE WORLD GLOBAL PROGRAM ON NATURE-BASED SOLUTIONS FOR CLIMATE RE ...

Public Disclosure Authorized Aquaculture Dynamics Constraints and Opportunities for Aquaculture Development in Southern Mozambique Disclaimer © 2024 The World Bank, All Rights Reserved. This work is a product of the staff of The World Bank with external contributions. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of The World Bank, its Board of Executive Directors, or the governments they represent. The boundaries, colors, denominations, and other ...

Project: Improving the management of healthcare services for people with multiple chronic diseases in three Latin American countries - Brazil, Colombia and Uruguay Public Disclosure Authorized Public Disclosure Authorized MULTIMORBIDITY: A PANORAMA OF BRAZIL Public Disclosure Authorized Public Disclosure Authorized Project: Improving the management of healthcare services for people with multiple chronic diseases in three Latin American countries - Brazil, Colombia and Uruguay MULTIMORBIDITY: A PANORAMA OF B ...

Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized The economic opportunity for financial inclusion of Forcibly Displaced People (FDP) by the financial sector in Brazil Supported by Public Disclosure Authorized Acknowledgements This report was led by Jeffrey Bower and supported by Amanda Thais Rodrigues Franco, Alexandre Haddad Mussa Aebi and Ricardo Garcia Tafur of the International Finance Corporation (IFC). The study was prepared by Frankfurt School of Finance and Mana ...

pen | --- | --- | --- | --- | |-------|----------------------------|-------|-------| | | | | | | | | | | | | MYANMAR | | | | | ECONOMIC MONITOR JUNE 2024 | | | Public Disclosure Authori blic Disclosure Authorized HIHOODS | --- | --- | --- | --- | --- | |-------|-----------------------------------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | THE WORLD BANK IBRD · IDA \| WORLD BANK GROUP | | | | | | East Asia & Pacific | | | | Livelihoods under threat Myanmar Economic Monitor M ...

Public Disclosure Authorized FY 2024 Lesotho Country Opinion Survey Report Public Disclosure Authorized Acknowledgements The Lesotho Country Opinion Survey is part of the County Opinion Survey Program series of the World Bank Group. This report was prepared by the Business Intelligence (BI) team, led by José De Buerba (Senior External Affairs Officer) and Svetlana Markova (Senior External Affairs Officer). Yulia Danilina, Jessica Cameron, Nan Lin, and Sofya Gubaydullina oversaw the design, reporting, and an ...