In 2017, a severe and prolonged drought had hit countries in Africa and the Middle East, bringing crop shortage, livestock death, water scarcity and disease. Food shortages escalated into near-…

Utz Pape |

In April, PovcalNet revised the World Bank’s global and regional poverty estimates from 1981 to 2013. The next major update of global and regional poverty estimates is scheduled for October 2018,…

Christoph Lakner, Joao Pedro Azevedo, Daniel Mahler, Espen Beer Prydz |

This year’s global poverty update from the World Bank is a minor one. Until reference year 2008, the World Bank published new poverty estimates every three years, and between 2010 and 2013 we…

Francisco Ferreira, Christoph Lakner, Carolina Sánchez-Páramo |

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 |

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 |

About 40% of the human population, or about 2.8 billion people, find commercial fuels like electricity and gas inaccessible, too expensive or too irregularly supplied to use for cooking and…

Michael Toman, Randall Bluffstone |

The following post is a part of a series that discusses 'managing risk for development, ' the theme of the World Bank’s upcoming World Development Report 2014. Despite more than 19…

Matt Hobson |

The potentially deleterious effects of gender disparities on growth and poverty reduction have been receiving progressively more policy attention (reflected, for instance, in the inclusion of the…

Rita Costa, Bob Rijkers |

I visited three African countries – Ethiopia, Rwanda, and South Africa– during my first week as Chief Economist at the World Bank in June 2008. Many visits to other African countries followed, but…

Justin Yifu Lin |

For many African countries, one important way to create productive jobs is to grow the labor-intensive light manufacturing sector, which would accelerate economic progress and lift workers from…

Hinh T. Dinh |