State-owned financial institutions (SOFIs) are often associated with poor corporate governance, political interference, crowding out of private sector resources, higher non-performing loans (NPLs…
In a striking example, Albania has shown how the tourism sector can drive economic development. Following the country’s turbulent economic and political transition in the 1990s, tourism was…
Whenever the share of industry in the economy starts waning, industrial expansion often becomes a component of the growth policies. This blog analyzes if and how targeting labor market barriers…
Learn more about the potential of the sovereign green, social and sustainability bond market to mobilize private capital.
The 4th World Bank Tax Conference exposed the magnitude of the challenge to build equitable tax systems via policies that improve compliance of the very wealthy. This blog highlights a summary of…
In this blog, we highlight two projects that leveraged data-driven policymaking processes and simulations.
Las empresas privadas son la columna vertebral de la mayoría de las economías en desarrollo. Proporcionan 9 de cada 10 empleos, generan ingresos fiscales para financiar proyectos de…
Central America and the Dominican Republic have a good track record of economic growth. Between 1991 and 2019, Central America grew by an average of 4.5% per year, and the Dominican Republic by an…
Turkey is on a path towards a comprehensive, fully accountable system of public financial management which can help ensure that public resources are used strategically, efficiently and effectively…
The World Bank published a global flagship report, Enhancing Government Effectiveness and Transparency: The Fight Against Corruption. This report can help guide governments and anti-corruption…