Global Value Chains are a win-win for firms that enjoy greater efficiency, productivity, and profits while they create better jobs (Photo by Jonathan Ernst / World Bank)   Global Value Chains (GVC…

Ruchira Kumar |

On World Refugee Day, we pay tribute to faces of resilience – mothers, fathers, husbands, wives, and children, who fled horrific circumstances as refugees, but who continue to strive every day to…

Jim Yong Kim |

“You can take the man out of the country, but you can't take the country out of the man.”   A native of Morocco, Hanane Benkhallouk began her career in New York before moving to Dubai in 2005…

Web Team |

The entry into force of the WTO Trade Facilitation Agreement on February 22 is a remarkable achievement. The TFA spearheads a global effort to reduce trade costs, helping countries to connect to…

Anabel Gonzalez |

The world's greatest risks can't be confined within borders. This is clearly the case with the ongoing refugee crisis, which is unprecedented in scale and affecting people and places far…

Jim Yong Kim |

The Middle East and North Africa region has never faced such significant stress on its ageing infrastructure like it does today, with one of the most telling being the substantial increase in the…

Sameh Mobarek, Moëz Cherif, Fanny Missfeldt-Ringius |

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 |

  Modern factories, seaport terminals, and technical schools, plus priceless cultural monuments: Tangier, Morocco In late 2014, the World Bank’s Competitive Cities team visited the Moroccan city…

Z. Joe Kulenovic |

A colleague recently quizzed me on the extent to which our latest report—Trade in Fishing Services: Emerging Perspectives on Foreign Access Agreements—specifically addresses the World Bank’s goals…

Tim Bostock |