Poverty in Brazil is disproportionately concentrated in rural areas.  Although rural households account for only 15% of the population, 45% of them fall within the nation’s poorest quartile.  A…

Caio Piza, Astrid Zwager, Isabela Furtado |

Market conduct supervisors in the financial sector have a tough job. And it’s getting tougher.   Their core work involves collecting data from disparate sources and undertaking complex analyses to…

Douglas Randall, Ligia Lopes |

The debate on whether the state should play an active role in broadening access to finance or not is one that has lingered for decades. A recent book (de la Torre, Gozzi, and Schmukler, 2017)…

Sergio Schmukler, Facundo Abraham |

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 |

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 |

Developing countries made considerable gains during the 2000s, resulting in a large reduction in extreme poverty and a significant expansion of the middle class. More recently that progress has…

Margaret McMillan, Dani Rodrik, Claudia Sepúlveda |

Long one of the world’s most unequal countries, Brazil surprised pundits by recording a massive reduction in household income inequality in the last couple of decades. Between 1995 and 2012, the…

Francisco Ferreira, Sergio Firpo, Julián Messina |

The World Bank’s conference on “The State of Economics, the State of the World” was an opportunity to take stock of the emergence of new paradigms for understanding economic development. …

Karla Hoff |

Red tape can be a significant barrier to having informal firms formalize and eventually benefit from any business support programs provided by governmental agencies. While the relationship between…

Caio Piza |

From a normative perspective, we can all agree that child labor is reprehensible and should be banned, particularly in its worst forms. According to the International Labor Organization (ILO),…

Caio Piza, Andre Portela Souza |