On World Refugee Day, we pay tribute to faces of resilience – mothers, fathers, husbands, wives, and children, who fled horrific circumstances as refugees, but who continue to strive every day to…

Jim Yong Kim |

“You can take the man out of the country, but you can't take the country out of the man.”   A native of Morocco, Hanane Benkhallouk began her career in New York before moving to Dubai in 2005…

Web Team |

The world's greatest risks can't be confined within borders. This is clearly the case with the ongoing refugee crisis, which is unprecedented in scale and affecting people and places far…

Jim Yong Kim |

The Middle East and North Africa region has never faced such significant stress on its ageing infrastructure like it does today, with one of the most telling being the substantial increase in the…

Sameh Mobarek, Moëz Cherif, Fanny Missfeldt-Ringius |

Understanding Macroeconomic Volatility: Part 2 The fact is that a government can soften a recession by increasing spending (the counter-cyclical approach) to raise demand and output. If government…

Francisco G. Carneiro, Ha Minh Nguyen, Rei Odawara |

Volatility in financial markets gets wide attention in the public eye. Less noticed is what we in the development world call macroeconomic volatility—faster-than-desired swings in the broad forces…

Francisco G. Carneiro, Ha Minh Nguyen, Rei Odawara |

Civil wars are not only a human tragedy for the countries that experience them, but they can also have an impact on neighbouring countries. That is the case also for the devastating civil war in…

Massimiliano Calì, Wissam Harake |

Following Russia’s annexation of Crimea after the popular voting in early March, the European Union and recently the U.S. and Canada have imposed their first round of sanctions—an asset freeze and…

Lili Mottaghi |

About "Notes From the Field": With this occasional feature, we let World Bank professionals who are conducting interesting trade-related projects around the globe explain some of the…

Julia Oliver |