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…
The multiple crises that developing countries are facing today constitute a major setback for development.
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…
The 2022 IMF/World Bank Group Annual Meetings: Unity in a time of crises
This blog is a biweekly feature highlighting recent working papers from around the World Bank Group that were published in the World Bank’s Policy Research Working Paper Series. This entry…
In this blog, we highlight two projects that leveraged data-driven policymaking processes and simulations.
This blog analyses the consequences of an energy shock on global growth. It puts the current rise in energy prices into historical context, presents model-based estimates of its growth impacts,…
Developing countries are at a critical crossroads. They are facing multiple, overlapping, and compounding crises from the lingering COVID-19 pandemic, growing impacts of climate change, economic…