It takes a lot to do a first Public-Private Partnership (PPP) well. In the past 12 months, we witnessed the successful financial close of two landmark PPPs: the Tibar Bay Port PPP—a first for…

Jemima Sy |

As recently as 2006, Timor-Leste was in crisis. Only a few years into independence, the country was torn by riots and political turmoil. Not surprisingly, its business climate was one of the…

Christopher Bleakley |

Photo credit: Leonardo Canon Rubiano/World Bank The World Bank is supporting the Government of Sri Lanka’s efforts to create a roadmap for the modernization of urban bus services in the capital,…

Leonardo Canon Rubiano |

Photo: only_kim / Shutterstock.com  There are many drivers of climate change, but few would disagree that energy infrastructure built according to “business-as-usual” standards is a major one.…

Michael Tran |

Photo: © Dini Sari Djalal/World Bank In the infrastructure domain, “price” is a prism with many façades.   An infrastructure economist sees price in graphic terms: the coordinates of a point where…

Melania Lotti |

Also available in Español​ Photo: Dominic Chavez / International Finance Corporation In the early 1990s, Colombia’s road infrastructure was a maze of poorly maintained roads and bad highways.…

Philippe Neves |

The world is urbanizing fast—200, 000 people are moving to cities every day in search of homes, jobs, as well as education and healthcare services for their families. Supporting this influx with…

Luis Triveno, Martim Smolka |

Photo: bigstock/ f9photos Income growth is not the sole aim of economic development. An equally important, albeit harder to quantify objective is a sense of progress for the entire community, and …

Victoria Kwakwa |

Photo: Deutsche Welle | Flickr Creative Commons  As in many regions, countries in Latin America and the Caribbean are underinvesting in infrastructure—spending in the sector is only about half of…

Gastón Astesiano |

Une réunion organisée par la Banque mondiale et la Banque de développement du Brésil (BNDES), début mai, a été l’occasion pour les banques de développement du monde entier de faire le bilan de…

Ceyla Pazarbasioglu |