Queen Alia International Airport, Jordan. © littlesam/Shutterstock [[tweetable]]In many developing countries, there are glaring gaps in the quantity of infrastructure per capita.[[/tweetable]] For…

Joaquim Levy, Zamir Iqbal |

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 |

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 |

Understanding macroeconomic volatility part 3Read parts 1 & 2
There’s good evidence that a country’s level of financial development affects the impact of volatility on economic growth,…

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

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 |

The slowdown in China and the weak recovery in Europe and the United States has also impacted Commodity markets.  Oil prices, however, had held firm until the decision of Saudi Arabia in mid-2014…

Jaime de Piniés Bianchi |

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 |

Part of the World Bank’s new vision is to step up its efforts to help fragile and conflict-afflicted states break the vicious cycle of poverty. But this is no easy task.   The destruction of…

Massimiliano Calì |