It is often said that job creation in growing economies sacrifices quality for quantity. Skeptics argue that job growth occurs in low-wage occupations and low-productivity sectors, are temporary…

Ximena Del Carpio |

Today, Turkey hosts more refugees than any other single country—almost 3.3 million. The vast majority are fleeing the civil war in Syria, and almost half are under the age of 18. A devastating…

Johannes Zutt, Elif Ayhan, Joel Reyes |

Across the Europe and Central Asia region today, policymakers are confronted daily with a wide range of development challenges and decisions, but the potential impacts of adverse natural events…

Alanna Simpson, Joaquin Toro |

Numbers don’t lie. That’s why, in our day-to-day lives, we rely heavily on numbers from household surveys, from national accounts, and from other traditional sources to describe the world around…

Giorgia DeMarchi |

On a recent rainy Saturday in Istanbul, the mood was so gloomy that a roomful of macro-economists were at pains to admit that the sharp fall in the oil price since June 2014 would actually benefit…

Ulrich Bartsch |

When our friends who are new to Turkey arrive in Istanbul, they are often surprised to find a developed country. Then they may be told that the west of the country is well developed, but there are…

Can Selçuki |