In the past five years alone, public debt in the poorest countries has increased from 36% of GDP to 51% of GDP.

Ceyla Pazarbasioglu |

Photo: gui jun peng/Shutterstock.com In many parts of the world, the sharing economy is ever-present for individuals, allowing them to use personal assets—for example, houses and cars—to their…

Natalija Gelvanovska-Garcia, Rhedon Begolli |

Having spent much of my working life working with and in countries in transition, it remains painful to watch the disillusionment that so often strikes people that had the courage to change a bad…

Antonius Verheijen |

I had the privilege recently to spend an unscheduled hour of discussion with a group of young Tunisians who were visiting our offices. As often, on these occasions it is hard not to get captured…

Antonius Verheijen |

We all have regular bills to pay for the ubiquitous services we consume – whether they be for utilities (water, heating, electricity etc.), credit cards, memberships, or car payments.  But, not…

Georgia Harley, Svetozara Petkova |

  Rzeszow, Poland. (Photo by Terra Libera via Flickr Creative Commons) On May 31 we had the pleasure of presenting the first phase of the Poland Catching-up Regions Program, an initiative of the…

Anna Wellenstein, David Sislen |

 Photo © Dominic Chavez/World Bank Performance budgeting (PB) has a deep and enduring appeal. What government would not want to allocate resources in a way that fosters efficiency, effectiveness,…

Donald Moynihan, Ivor Beazley |

Global competition to attract foreign and domestic direct investment is so high that nearly all countries offer incentives (such as tax holidays, customs duty exemptions and subsidized loans) to…

Harald Jedlicka, Yassin Sabha |

To reinvigorate growth in Europe, European Central Bank President Mario Draghi called for more common projects in the European Union (EU). And he emphasized that these efforts need to meet a set…

Doerte Doemeland, Arup Banerji, Sanja Madzarevic-Sujster |

See high resolution here. While countries around the world reap the benefits of an expanding digital environment, development challenges persist, adversely impacting low-income countries from…

Gina Martinez, Boris Rumenov Balabanov |