In November 2016, we published the “Practical Guide for Measuring Retail Payment Costs”, an innovative methodology that can be customized to country needs and circumstances, without losing the…

Holti Banka |

According to the World Economic Forum’s “Global Competitiveness Report 2016-2017, ” Hong Kong dropped two notches to rank as No. 9 in its Global Competitiveness Index. The decline occurred mainly…

Dr. Winnie Tang, Juni Tingting Zhu |

School children in Kingston, Jamaica. Strong public financial management affects all facets of government spending, including education. Photo credit: UN Photo/Milton Grant  Finance ministers,…

Samia Msadek |

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…

Francisco G. Carneiro, Ha Minh Nguyen, Rei Odawara |

Volatility in financial markets gets wide attention in the public eye. Less noticed is what we in the development world call macroeconomic volatility—faster-than-desired swings in the broad forces…

Francisco G. Carneiro, Ha Minh Nguyen, Rei Odawara |

From the smallest rural villages in Bangladesh to the large, bustling metropolitan centers of Cairo or Istanbul, small and medium enterprises (SMEs) are the lifeblood of Islamic communities around…

Bertrand Badré |

Also available in: Français | العربية   A boat trip from Port Elizabeth to Kingstown, in the Caribbean country of Saint Vincent and the Grenadines, is a one-hour trip that locals take several…

Valerie Lorena |

International trade has a critical role to play in environmental protection and the effort to mitigate climate change. While it certainly isn’t always framed this way, it is important to realize…

Miles McKenna, Jaime de Melo, Mariana Vijil |

The United Nations has declared 2014 as the International Year of Small Island Developing States (SIDS), in recognition of the contributions this group of countries has made to the world, and to…

Ivan Rossignol |

Follow the authors on Twitter: @chyiyunhuang and @shomik_raj   A recent trip to Addis Ababa really brought the imperatives of transit-oriented development as a complement to mass transit…

Chyi-Yun Huang, Shomik Mehndiratta |