Graphic: World Bank Can developing countries create strong Public Financial Management (PFM) systems, without a way to measure progress and make corrections? This would be like a ship sailing…

Srinivas Gurazada |

In Gaile Parkin's novel Baking Cakes in Kigali, two women living in Kigali, Rwanda – Angel and Sophie – argue over the salary paid to a development worker: "Perhaps these big…

David Evans |

The year 2017 was momentous for Somalia, with the inauguration of a new president and parliament following a historic electoral process, and also the launch of a National Development Plan (2017–19…

Puteri Natalie Watson, George Conway |

The president of the Somali Chamber of Commerce, Mohamoud Abdi Ali,  joins with the country's Minister of Commerce and Industry, Khadra Ahmed Dualle, at the IFC-sponsored Public-Private…

Klaus Tilmes |

Photo: SkyPics Studio/Shutterstock Data on the sharing economy (Uber, Airbnb and so on) are scarce, but a recent study estimates that the revenue growth of these platforms has been dramatic. In…

Hernan Winkler |

Industrial area in the city of Kitwe, Zambia - located in the copper belt. Photo: Arne Hoel What would you expect in a mineral rich developing country? High Government revenues from the mineral…

Srinivas Gurazada |

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 |

For the first time in history, the number of people living in extreme poverty has fallen below 10%. The world has never been as ambitious about development as it is today. After adopting the…

Sri Mulyani Indrawati |

Dr. Flora Lubowa is a medical officer at the Magomeni Health Center. Dar es Salaam, Tanzania: Photo Arne Hoel I have worked on public procurement and governance for most of my life. But I have…

Robert Hunja |

In an era of chronically slow economic growth, what steps can policymakers take to help jump-start productivity, spur employment and build long-term wealth? Recognizing that the private sector …

Christopher Colford |