Three economists walk in to meet a judge in Rome...
Although this might sound like the setup to a joke, what ensues is not a punchline, but rather a demonstrable improvement in court…

Georgia Harley, Nicola Persico |

Photo Credit: Myxi via Flickr Creative Commons License In our last post, we highlighted a few examples of the innovative organizational structures that institutional investors have created to more…

Michael Bennon, Rajiv Sharma |

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 |

Spring Meetings 2015 At this year's climate ministerial of the World Bank Group/IMF Spring Meetings, 42 finance and development ministers discussed phasing out fossil fuel subsidies, putting…

Rachel Kyte |

The spectacular recovery of a long-missing painting by Pablo Picasso – a canvas that had been stolen more than a decade ago, in a daring museum theft in Paris – offers a vivid reminder of the…

Christopher Colford |

  ​ Strong and effective financial reporting rarely grabs headlines, but the vulnerabilities created by weak or ineffective systems of financial reporting certainly do – a number of well-…

Samia Msadek |

The price of sending international remittances has reached a new record low in the first quarter of 2014. The global average cost of sending money across borders was recorded at 8.36 percent. This…

Massimo Cirasino, Marco Nicoli |

"Project Greenback 2.0 – Remittance Champion Cities" was launched on October 29 in Turin, Italy. A team from the World Bank's service line on Financial Infrastructure, hosting the…

Massimo Cirasino, Marco Nicoli |

A few years ago I had the pleasure of swimming in a big, heated pool. Outdoors. In winter. It sounds like an unaffordable luxury, and in most places, it is. But in Iceland, you can swim all year…

David Lawrence |

It was in 1714 that Bernard de Mandeville defended his view of the economic world in a long poem with pretensions to uncovering the moral basis of modern society – The Fable of the Bees: Private…

Eliana Cardoso |