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…
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.
Many countries in Africa are undertaking reforms in the management of public investments to support competitiveness and service delivery outcomes. Kenya is reviewing its public investment…
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…
Despite years of fiscal decentralization, not many countries have been able to quantify the size and structure of the economies at the decentralized units. To our knowledge, only South Africa has…