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…
This blog is a biweekly feature highlighting recent working papers from around the World Bank Group. It introduces five papers published in August 2022 on various topics, including COVID-19…
In this blog, we highlight two projects that leveraged data-driven policymaking processes and simulations.
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…
In the Africa Chief Economist’s Office, we seek to generate knowledge on key development issues around the continent. We also host the Gender Innovation Lab, which – as the name suggests –…
Growing a business is not easy, and for women firm owners the challenges can be acute, especially when they are poor and run subsistence level firms. In developing countries, 22 percent of women…