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 |

También disponible en: English Muchos de ustedes ya conocen la base de datos sobre la participación privada en el sector de infraestructura (PPI), (i) que administra el Grupo de alianzas público-…

Clive Harris, Jenny Chao |

Translations available in Chinese and Spanish. Many of you are already familiar with the PPP (Public-Private Partnerships) Group’s Private Participation in Infrastructure (PPI) Database. As a…

Clive Harris, Jenny Chao |

This blog was previously published in The World Post.
Talk about ‘growth’ in Latin America has become less upbeat today than a few years ago. That’s no surprise. For over a decade, average…

Katia Vostroknutova, Jorge Thompson Araujo, Konstantin M. Wacker, Mateo Clavijo Munoz |

Understanding Macroeconomic Volatility: Part 2 The fact is that a government can soften a recession by increasing spending (the counter-cyclical approach) to raise demand and output. If government…

Francisco G. Carneiro, Ha Minh Nguyen, Rei Odawara |

Volatility in financial markets gets wide attention in the public eye. Less noticed is what we in the development world call macroeconomic volatility—faster-than-desired swings in the broad forces…

Francisco G. Carneiro, Ha Minh Nguyen, Rei Odawara |

The 2008 financial crisis was a “wake up” call to many teachers in the United States and Canada. As families lost their homes and parents lost jobs, they began to appreciate the importance of kids…

Ivor Beazley |

Финансовый кризис 2008 года для многих учителей в США и Канаде стал своего рода «сигналом к действию». По мере того, как семьи теряли свои дома, а родители – работу, люди стали понимать, как важно…

Ivor Beazley |

Russia’s economic woes continue: the recession deepened in the first half of 2015, severely impacting households, while the economy continued to adjust to the 2014 terms-of-trade shock, which saw…

Birgit Hansl |