In recent years, Nepal has made the headlines for the wrong reasons. In April 2015, it was shaken by a huge earthquake that claimed thousands of lives and caused country-wide destruction.  In…

Taneem Ahad, Raihana Rabbany |

Also available in: Arabic | French National Bank of Abu Dhabi, UAE. Photo: Wikimedia Commons Gulf banking markets may have entered an important phase of consolidation, with the potential to…

Pietro Calice |

In an era of chronically slow economic growth, what steps can policymakers take to help jump-start productivity, spur employment and build long-term wealth? Recognizing that the private sector …

Christopher Colford |

The spectacular recovery of a long-missing painting by Pablo Picasso – a canvas that had been stolen more than a decade ago, in a daring museum theft in Paris – offers a vivid reminder of the…

Christopher Colford |

Private sector development (PSD) plays a crucial role in post-conflict economic development and poverty alleviation. Fragile states, however, face major challenges, such as difficult access to…

Steve Utterwulghe |

The price of sending international remittances has reached a new record low in the first quarter of 2014. The global average cost of sending money across borders was recorded at 8.36 percent. This…

Massimo Cirasino, Marco Nicoli |

"Project Greenback 2.0 – Remittance Champion Cities" was launched on October 29 in Turin, Italy. A team from the World Bank's service line on Financial Infrastructure, hosting the…

Massimo Cirasino, Marco Nicoli |

Agribusiness can help Nepal's products claim a larger share of the global market  (Credit: World Bank) Take a moment and think about where you would go for the best tea, coffee or dumplings.…

Anushka Thewarapperuma |