From the e-commerce site Taobao.com to the social media app WeChat, China has drawn global attention to its digital platform economy. A third of the top-200 digital platforms were born in China…

Rong Chen, Simeon Djankov |

Also available in: Français | Español  | العربية | Русский Many of today’s increasingly complex development challenges, from rapid urban expansion to climate change, disaster resilience, and…

Klaus Deininger |

What would bring together the China trade shock, road blocks in the West Bank, and the Belt and Road initiative? The 6th Annual IMF-World Bank-WTO Trade Research Conference, at which staff of the…

Ana Fernandes, Aaditya Mattoo |

A growing number of students in South Asia and Sub-Saharan Africa are enrolled in private primary or secondary schools. The World Development Report 2018 (on which I was a co-author) highlighted…

David Evans |

The 2018 World Development Report (WDR), Learning to Realize Education’s Promise, launched this week.  While it draws on research and collective experience—both from within and outside the World…

Deon Filmer, Halsey Rogers |

We know that fiscal policy can be harnessed to reduce inequality in low- and middle-income countries, but until now, we knew less about its ability to reduce poverty. Our recent volume looks at…

Gabriela Inchauste, Nora Lustig |

Global economic growth is accelerating. After registering the slowest pace since the 2007-2009 financial crisis in 2016, global growth is expected to rise to a 2.7 percent pace this year and 2.9…

Ayhan Kose, Raju Huidrom, Franziska Ohnsorge, Naotaka Sugawara |

In The Godfather II, Vito Corleone chooses his younger son, Michael, instead of his older son, Fredo, as his successor. This decision is based on Michael's intelligence and ability. Fredo,…

Shwetlena Sabarwal, Malek Abu-Jawdeh |

Investment growth in emerging market and developing economies has tumbled from 10 percent in 2010 to 3.4 percent in 2015 and was below its long-term average in nearly 70 percent of emerging an…

Franziska Ohnsorge, Lei Sandy Ye |

We chose to highlight this book for the World Development Report (WDR) 2017 Seminar Series as its focus on institutional functions rather than forms and on adaptation resonates strongly with the…

Yongmei Zhou |