People watch the rescue process in the flooded area on August 17, 2018 in Pathanamthitta, Kerala, India. Kerala was badly affected by the floods during the monsoon season. Source: AJP,…

Marcello Estevão |

Closing Plenary of the Investor Forum. © World Bank “Private capital is often an important source of sustainable finance. Public finance alone may not be sufficient to meet the demands for…

Ceyla Pazarbasioglu |

  © Dominic Chavez/Global Financing Facility [[tweetable]]​When countries invest in people—particularly young people—they're investing in the future and giving the next generation an…

Jim Yong Kim |

How does my pension fund invest my money? More and more people around the world are asking this question. As the global population ages, it has becoming increasingly important to ensure that…

Fiona Stewart |

Second Annual Carbon Pricing Leadership Coalition High-Level Assembly. Photo: World Bank When the world united around the historic Paris climate agreement, in 2015, the message was clear: It’s…

Catherine McKenna, Feike Sijbesma |

Myanmar in 2012, when we started our financial sector engagement, and Myanmar today seem like two different worlds. Back then, sim cards cost close to US$500, visitors carried wads of crisp, new…

Nagavalli Annamalai |

Understanding macroeconomic volatility part 3Read parts 1 & 2
There’s good evidence that a country’s level of financial development affects the impact of volatility on economic growth,…

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

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 |