It is undeniable that progress has been made in reducing extreme poverty over the last quarter century—from 36 percent of the world population in 1990 to an estimated 8.6 percent in 2018—and that…

Philippe H. Le Houérou, Antoinette Sayeh |

A vibrant private sector is a powerful driver of jobs and can underpin sustainable economic growth, fueling innovation and poverty reduction.

Akihiko Nishio |

Ask anybody in Moldova about the country’s most-popular attractions and they’ll likely mention Moldovan wineries, including the Cricova Wine Cellars, located about half an hour’s drive from…

Anna Akhalkatsi |

Aerial view of the landscape around Halimun Salak National Park, West Java, Indonesia. © Kate Evans/CIFOR This blog post was originally published on Project Syndicate. Today, only 30% of the world…

Mahmoud Mohieldin, Anna Wellenstein |

Also available in: Français Onion field in Northern Côte d’Ivoire - Photo by Raphaela Karlen / World Bank One out of ten people in the world —around 766 million people— still lived below the…

Maria Laura Sanchez Puerta, Raphaela Karlen, Julia Granata |

© Sarah Farhat/World Bank One of the encouraging signs that I pick up whenever I travel is the difference that technology is making to the lives of millions of marginalized people. In most cases…

Kristalina Georgieva |

As the world becomes increasingly urbanized, the number of megacities is growing rapidly. Today there are 37 cities worldwide with populations of greater than 10 million, and 84 with populations…

Philip E. Karp, Peter Ellis, Barjor Mehta |

Children in Koutoukalé, Niger Have you ever wondered how your life chances are affected by where you were born? Odds of being born at all are already miraculously small, but only one in ten of us…

Maximilian Leo Hirn, Aude-Sophie Rodella |

Old City of Dubrovnik, a UNESCO World Heritage Site in Croatia. (Photo: Justin Smith / Flickr CC) Today, we celebrate the International Day for Monuments and Sites. This year, the day focuses on…

Ede Ijjasz-Vasquez, Francesco Bandarin |

After a two-year hiatus, the World Bank provided much-needed budget support to Moldova in November 2016. That disbursement of $45 million reflected our confidence that the Government and the…

Alex Kremer |