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One objective of fiscal policy is to stabilize a country’s macroeconomic environment. Countercyclical fiscal measures intend to offset the effects of the economic cycle on a country’s economy. For…
Today, on the occasion of the World Youth Skills Day , we are pleased to announce the winners of the Blog4Dev 2021 competition.
Turkey is on a path towards a comprehensive, fully accountable system of public financial management which can help ensure that public resources are used strategically, efficiently and effectively…
On average, roughly 2 percent of Moldovan businesses have ceased operations, which is half of the average reported in the other 37 countries where a similar survey was administered. The…
10 insights from the private sector during the Coronavirus: first evidence from Moldova.
“We are truly free, and as long as the tractor is working and helping us generate income, there’s no going back.” On my recent trip to Chad, I was impressed by the optimism and confidence of women…
Entering data. Photo: World Bank In the fiscal transparency arena, people often hear two conflicting claims. First, governments complain that few people take advantage of fiscal information that…
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…
My father is a long-distance trucker based in Belarus. As a young girl, I spent long hours on the road with him. I loved traveling to neighboring and faraway cities and—even though I could barely…