Central America and the Dominican Republic have a good track record of economic growth. Between 1991 and 2019, Central America grew by an average of 4.5% per year, and the Dominican Republic by an…

Michel Kerf |

Improving revenue administration could play in strengthening domestic resource mobilization while supporting sustainable forest management.

Amanda Robbins, Emily Kallaur |

[[tweetable]]​In a packed World Bank board room on April 13, 2019, Finance Ministers from over 20 countries came together as part of a Coalition of Finance Ministers for Climate Action. [[/…

Ceyla Pazarbasioglu |

View from Santo Domingo, Dominican Republic / World Bank Published in digital portal El Dinero In the past, a company in the Dominican Republic facing financial difficulties, such as falling…

Andrés F. Martínez, Annabel González |

Aracelis owns a hair salon in Santo Domingo. Like all the other owners of the nearly 20, 000 small and medium-sized enterprises (SMEs) in the Dominican Republic, she dreams about making her…

John Martin Wilson, Annabel González |

Results-based financing can force conversation to focus on developing a theory of change that starts with results. (Photo: Minna Mattero / World Bank) We just got back from Nepal to see how…

Jessica Lee, Peter Holland |

This blog was previously published in The World Post.
Talk about ‘growth’ in Latin America has become less upbeat today than a few years ago. That’s no surprise. For over a decade, average…

Katia Vostroknutova, Jorge Thompson Araujo, Konstantin M. Wacker, Mateo Clavijo Munoz |

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 |

Also available in: Français | العربية   A boat trip from Port Elizabeth to Kingstown, in the Caribbean country of Saint Vincent and the Grenadines, is a one-hour trip that locals take several…

Valerie Lorena |

At the World Bank Group/IMF Spring Meetings, 42 finance and development ministers discussed phasing out fossil fuel subsidies, putting a price on carbon and mobilizing the trillions of dollars in…

Rachel Kyte |