Photo: Trocaire | Flickr Creative Commons In war-torn post-1991 Somalia, running water was a scarce commodity, to the misfortune of millions of people. Members of local communities rose to the…

Yolanda Tayler, Nazaneen Ismail Ali, Simeon Sahaydachny, Nataliya Langburd Wright |

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 |

3-1-0 Three minutes to complete the online loan application, one second for approval and with zero human touch for SME loans. This is the marketing slogan used by Ant Financial, one of China’s…

Margaret Miller |

Results-based financing can force conversation to focus on developing a theory of change that starts with results. (Photo: Minna Mattero / World Bank) We just got back from Nepal to see how…

Jessica Lee, Peter Holland |

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 |

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 |

This week at the Third International Financing for Development Conference in Addis Ababa, we’ve seen the birth of a new era in global health financing.   The World Bank Group, together with our…

Tim Evans |

A New Era for Every Woman, Every Child This week in Addis Ababa, Ethiopia, during the Third International Financing for Development Conference, the United Nations, along with the World Bank Group…

Melanie Mayhew |