Innovate4Climate Finance & Markets Week. Photo: World Bank / Simone D. McCourtie [[tweetable]]What does public debt have to do with combatting climate change?[[/tweetable]]   A few years ago…

Miria Pigato |

Since it opened in 1914, the Panama Canal has been one of the world’s most important trade assets and a marvel of engineering. Its expansion has doubled the canal’s cargo capacity, adding a new…

Philippe H. Le Houérou |

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 |

Students using new high-speed Internet in Tonga. Photo: World Bank Group For private financiers, official government support to information and communications technology (ICT) projects might seem…

Jeff Delmon |

Also available in: Français | العربية   A boat trip from Port Elizabeth to Kingstown, in the Caribbean country of Saint Vincent and the Grenadines, is a one-hour trip that locals take several…

Valerie Lorena |

​Since childhood,  Gircilene Gilca de Castro dreamed of owning her own business, but struggled to get it off the ground. Her fledgling food service company in Brazil had only two employees and one…

Jin-Yong Cai, Elizabeth L. Littlefield, Dina Powell |

This week at the Third International Financing for Development Conference in Addis Ababa, we’ve seen the birth of a new era in global health financing.   The World Bank Group, together with our…

Tim Evans |

A New Era for Every Woman, Every Child This week in Addis Ababa, Ethiopia, during the Third International Financing for Development Conference, the United Nations, along with the World Bank Group…

Melanie Mayhew |

Spring Meetings 2015 At this year's climate ministerial of the World Bank Group/IMF Spring Meetings, 42 finance and development ministers discussed phasing out fossil fuel subsidies, putting…

Rachel Kyte |