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 |

Entering data. Photo: World Bank In the fiscal transparency arena, people often hear two conflicting claims. First, governments complain that few people take advantage of fiscal information that…

Paolo de Renzio, Massimo Mastruzzi |

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 |

For the first time in history, the number of people living in extreme poverty has fallen below 10%. The world has never been as ambitious about development as it is today. After adopting the…

Sri Mulyani Indrawati |

My father is a long-distance trucker based in Belarus. As a young girl, I spent long hours on the road with him. I loved traveling to neighboring and faraway cities and—even though I could barely…

Alena Sakhonchik |

My last post discussed the challenges and reforms of Moldova’s pension system, but I would like to focus now on the incentives for contributing into a pension system. This issue is especially…

Yuliya Smolyar |

Let me explain why the World Bank is optimistic for Moldova.  Reason for optimism number 1. On the edge of the largest market in the world - the European Union - and with labour costs a tiny…

Alex Kremer |

The Electronic Visa (e-Visa) has emerged as one of the most innovative services implemented in the area of freedom of movement and people-to-people contacts. E-Visa allows the management of the…

Radu Cucos |

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 |