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 |

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 |

Whenever the share of industry in the economy starts waning, industrial expansion often becomes a component of the growth policies. This blog analyzes if and how targeting labor market barriers…

Rishabh Sinha |

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) |

Las empresas privadas son la columna vertebral de la mayoría de las economías en desarrollo. Proporcionan 9 de cada 10 empleos, generan ingresos fiscales para financiar proyectos de…

Martin Spicer |

Central America and the Dominican Republic have a good track record of economic growth. Between 1991 and 2019, Central America grew by an average of 4.5% per year, and the Dominican Republic by an…

Michel Kerf |

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 |

According to a Pan American Health Organization assessment, nearly seven out of 10 hospitals in Latin America and the Caribbean are in areas vulnerable to natural hazards.

Mirtha Escobar, Joaquin Toro, Jack Campbell |