Ghana has suffered from large fiscal volatility around election cycles for the past two decades. This volatility has been identified as one of the key challenges for Ghana’s future development…

Michael Geiger, Arthur Mendes |

In the Africa Chief Economist’s Office, we seek to generate knowledge on key development issues around the continent. We also host the Gender Innovation Lab, which – as the name suggests –…

David Evans |

It’s financial inclusion week—a series of events exploring "the most pressing actions needed to advance financial inclusion globally"—making this a perfect time to launch the 2017 Global…

Leora Klapper, Saniya Ansar, Jake Hess |

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 |

I had the privilege recently to spend an unscheduled hour of discussion with a group of young Tunisians who were visiting our offices. As often, on these occasions it is hard not to get captured…

Antonius Verheijen |

In a 2009 paper, David McKenzie and coauthors Chris Woodruff and Suresh de Mel find that giving cash grants to male entrepreneurs in Sri Lanka has a positive and significant return, while giving…

Markus Goldstein |

 Photo © Dominic Chavez/World Bank Performance budgeting (PB) has a deep and enduring appeal. What government would not want to allocate resources in a way that fosters efficiency, effectiveness,…

Donald Moynihan, Ivor Beazley |

Policymakers often associate competitiveness with real exchange rates. Not too long ago, firms in Southern European countries attributed their difficulties to compete in global markets with a…

Gonzalo Varela, Stefania Lovo |

Economic shocks can be painful and destructive, especially in fragile countries that can get trapped into a cycle of conflict and violence. Effective policy responses must be implemented quickly…

Utz Pape |

To reinvigorate growth in Europe, European Central Bank President Mario Draghi called for more common projects in the European Union (EU). And he emphasized that these efforts need to meet a set…

Doerte Doemeland, Arup Banerji, Sanja Madzarevic-Sujster |