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Most workers in developing countries are in informal employment-- that is, a job that does not come with social security benefits and leaving them with limited means to manage risks to their…
Of the region’s 450 million people, nearly two-thirds, almost 300 million people, are under the age of 35. Unfortunately, this vast human resource is highly “untapped,” and nearly 80 percent of…
© ThickStock.com/Getty Images The first green bond issued by the World Bank 10 years ago created the blueprint for today’s US$500+ billion labeled bond market. This blog post looks at how green…
© Dominic Chavez/Global Financing Facility [[tweetable]]Still today, in almost all societies around the world, women are less well-off than men.[[/tweetable]] Women are still paid less than men;…
It is an unfortunate but fact of life that Indonesia often deals with the impacts of natural disasters. It was sadly evident again this week when I arrived in Jakarta to the unfolding disaster…
People in Saint-Louis, Senegal. © Ibrahima BA Sané/World Bank [[tweetable]]Massive investment is needed to meet the ambitious goal of ending extreme poverty and boosting shared prosperity by 2030…
Also available in: Arabic | French National Bank of Abu Dhabi, UAE. Photo: Wikimedia Commons Gulf banking markets may have entered an important phase of consolidation, with the potential to…
Understanding Macroeconomic Volatility: Part 5. Read parts 1-4 here
Understanding macroeconomic volatility part 3Read parts 1 & 2
There’s good evidence that a country’s level of financial development affects the impact of volatility on economic growth,…
Understanding Macroeconomic Volatility: Part 2 The fact is that a government can soften a recession by increasing spending (the counter-cyclical approach) to raise demand and output. If government…