It takes a lot to do a first Public-Private Partnership (PPP) well. In the past 12 months, we witnessed the successful financial close of two landmark PPPs: the Tibar Bay Port PPP—a first for…

Jemima Sy |

As recently as 2006, Timor-Leste was in crisis. Only a few years into independence, the country was torn by riots and political turmoil. Not surprisingly, its business climate was one of the…

Christopher Bleakley |

Photo: shplendid | Flickr Creative Commons Talk of trade tariffs and heightened geopolitical tensions are dominating news headlines recently. As developed economies consider escalating…

Mark Moseley |

In 2017, a severe and prolonged drought had hit countries in Africa and the Middle East, bringing crop shortage, livestock death, water scarcity and disease. Food shortages escalated into near-…

Utz Pape |

In April, PovcalNet revised the World Bank’s global and regional poverty estimates from 1981 to 2013. The next major update of global and regional poverty estimates is scheduled for October 2018,…

Christoph Lakner, Joao Pedro Azevedo, Daniel Mahler, Espen Beer Prydz |

This year’s global poverty update from the World Bank is a minor one. Until reference year 2008, the World Bank published new poverty estimates every three years, and between 2010 and 2013 we…

Francisco Ferreira, Christoph Lakner, Carolina Sánchez-Páramo |

We know that fiscal policy can be harnessed to reduce inequality in low- and middle-income countries, but until now, we knew less about its ability to reduce poverty. Our recent volume looks at…

Gabriela Inchauste, Nora Lustig |

In The Godfather II, Vito Corleone chooses his younger son, Michael, instead of his older son, Fredo, as his successor. This decision is based on Michael's intelligence and ability. Fredo,…

Shwetlena Sabarwal, Malek Abu-Jawdeh |

About 40% of the human population, or about 2.8 billion people, find commercial fuels like electricity and gas inaccessible, too expensive or too irregularly supplied to use for cooking and…

Michael Toman, Randall Bluffstone |

Students using new high-speed Internet in Tonga. Photo: World Bank Group For private financiers, official government support to information and communications technology (ICT) projects might seem…

Jeff Delmon |