Kazakhstan. Photo: Kubat Sydykov / World Bank How large is the share of public procurement to GDP in middle-income and low-income countries and how it is evolving? If sizable, can public…

Simeon Djankov, Federica Saliola, Asif Islam |

School children in Kingston, Jamaica. Strong public financial management affects all facets of government spending, including education. Photo credit: UN Photo/Milton Grant  Finance ministers,…

Samia Msadek |

Nearly 50 years ago, books such as Asian Drama: An Inquiry Into The Poverty Of Nations, by the Swedish economist and Nobel laureate Gunnar Myrdal, offered a dire prediction of famine and poverty…

Axel van Trotsenburg |

As countries look to domestic resources to help meet the ambitious development agenda laid out in 2015, there is value in looking at international experiences where mineral wealth has become a…

Patricio V. Marquez, Melanie Walker |