Photo: HAC/Croatian Motorways The state of Croatia’s road sector poses a unique challenge compared with more typical World Bank projects where road assets either need to be developed or require…

Prajakta Chitre, Sebnem Erol Madan, Ioannis Dimitropoulos |

I had the privilege recently to spend an unscheduled hour of discussion with a group of young Tunisians who were visiting our offices. As often, on these occasions it is hard not to get captured…

Antonius Verheijen |

حالفني الحظ بقضاء ساعة في نقاش لم يكن مخططا له مع مجموعة من الشباب التونسي الذين كانوا يزورون مكاتبنا. وكما هو الحال في كثير من هذه المناسبات، من الصعب ألا يعجب المرء بمستوى الطاقة والحماس اللتين…

توني فيرهيجن |

To reinvigorate growth in Europe, European Central Bank President Mario Draghi called for more common projects in the European Union (EU). And he emphasized that these efforts need to meet a set…

Doerte Doemeland, Arup Banerji, Sanja Madzarevic-Sujster |

When development practitioners such as ourselves think of poverty, the EU is not what comes to mind first. While it is true that average incomes are higher in Europe than in most regions of the…

Doerte Doemeland, Gabriela Inchauste |

Когда специалисты-практики в области развития, такие как мы, размышляем о бедности, в первую очередь на ум приходит, конечно же не ЕС. И хотя средний уровень доходов в Европе выше, чем в…

Doerte Doemeland, Gabriela Inchauste |

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 |

Volatility in financial markets gets wide attention in the public eye. Less noticed is what we in the development world call macroeconomic volatility—faster-than-desired swings in the broad forces…

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

Also available in: Français | العربية   A boat trip from Port Elizabeth to Kingstown, in the Caribbean country of Saint Vincent and the Grenadines, is a one-hour trip that locals take several…

Valerie Lorena |