The global economy is stagnating, and uncertainty about its future is rising. These trends weigh heavily on countries that depend on the production and export of a small range of products, or that…

Cecile Fruman |

It has been almost four years since I first became involved with the regional public-private dialogue initiative, the Caribbean Growth Forum (CGF). In June 2012, I walked into the conference room…

Israel Mallett |

[[tweetable]]Economic growth and global economic integration go hand-in-hand for Lao PDR.[[/tweetable]]  As a small, land-locked, and commodity-dependent country in a fast-expanding region, Lao…

Jose Daniel Reyes, Sohaib Shahid |

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 |

For a small economy like Uruguay, integration into the global marketplace is one of the most powerful vehicles for growth and development. Participating actively in international trade allows…

Gonzalo Varela |

For older generations of Lao citizens, the streets of Vientiane must be nothing short of unrecognizable. Over the past fifteen years, Lao PDR and its capital have enjoyed strong economic growth on…

Amir Fouad, Richard Record, Lars Sondergaard |

At the Ninth WTO Ministerial Conference held in Bali on December 2013, all WTO members reached an agreement on trade facilitation and a compromise on food security issues, a contentious topic…

Bill Gain, Ankur Huria, Kaori Niina |

Here at the World Bank we put great effort into facilitating South-South exchanges. But the truth is that developing tangible results and sustainable partnerships are still tremendous challenges.…

Richard Record, Miles McKenna |