State-owned financial institutions (SOFIs) are often associated with poor corporate governance, political interference, crowding out of private sector resources, higher non-performing loans (NPLs…

Gunhild Berg, Mario Guadamillas |

Cities around the world experienced 5 percent increase in expenditures and 10 percent decrease in revenues during 2020, on average. Read the latest World Bank blog on the case of Pereira, Colombia…

Ivonne Astrid Moreno Horta |

In a striking example, Albania has shown how the tourism sector can drive economic development. Following the country’s turbulent economic and political transition in the 1990s, tourism was…

Raha Shahidsaless, Fernando Blanco, Stefka Slavova, Laureta Qorlazja |

Learn more about the potential of the sovereign green, social and sustainability bond market to mobilize private capital.

Farah Imrana Hussain, Helena Dill, Banu Turhan Kayaalp |

The 4th World Bank Tax Conference exposed the magnitude of the challenge to build equitable tax systems via policies that improve compliance of the very wealthy. This blog highlights a summary of…

Pierre Bachas, Chiara Bronchi, Thiago Scot, Claudia Vargas |

In this blog, we highlight two projects that leveraged data-driven policymaking processes and simulations.

Kerina Wang, KCP Program Management Unit (KCP PMU) |

In a new report, the World Bank and the Financial Superintendence of Colombia, the financial supervisor, examined different scenarios and their potential effects on the Colombian banking sector.…

Henk Jan Reinders, Martijn Regelink, Pietro Calice |

While depositors across different bins were on parallel trends before the policy change, those who were fully insured (Bin 1) and nearly fully insured (Bin 2) respond to higher insurance by…

Nicolás de Roux, Nicola Limodio |

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…

Seda Aroymak, Zeynep Lalik |