To prosper, emerging markets and developing economies need to increase openness, liberalize markets and prices, strengthen laws and regulations that protect property, and allow competition,…

David Malpass |

This column asks what happens when, as a consequence of the technological disruptions of the global fossil fuel market, the current account deficits of key countries in the region are no longer…

Rabah Arezki, Daniel Lederman, Amani Abou Harb, Rachel Yuting Fan, Ha Nguyen |

In the past five years alone, public debt in the poorest countries has increased from 36% of GDP to 51% of GDP.

Ceyla Pazarbasioglu |

When countries accumulate debt beyond sustainable levels, development outcomes are at stake.

Akihiko Nishio |

Photo: World Bank As a practitioner with several years of government experience, and later as a public debt management advisor at the World Bank Treasury, I am often faced with these questions…

Cigdem Aslan, Shurufa Abdul Wahid, Artan Ajazaj |

Download the January 2019 Global Economic Prospects report. Since 2013, median government debt in low-income countries has risen by 20 percentage points of GDP and increasingly comes from non-…

Patrick Kirby, Sinem Kilic Celik, Sebastian Essl, Andre Proite |

Recently on mission in Pakistan to unveil a new tool to help the Punjab government better manage its public debt, the blog author, Andrew Lee, interacted and shared a few selfies with youth in the…

Andrew Lee, Cigdem Aslan |

Workshop participants discuss their innovative ideas at the 2017 World Bank Group Youth Summit. © World Bank Without investing in their people, countries cannot sustain economic growth, they will…

Alejandra de Lecea |

The 2019 edition of International Debt Statistics (IDS) has just been published. International Debt Statistics 2019 presents statistics and analysis on the external debt and financial flows (debt…

Evis Rucaj |