This blog post was co-authored by Franz Drees-Gross, Director, Transport and ICT Global Practice, and Ede Ijjasz-Vasquez, Senior Director, Social, Urban, Rural and Resilience Global Practice.…

Franz Drees-Gross, Ede Ijjasz-Vasquez |

In Jamaica, about a quarter of electricity produced is stolen or “lost” through non-paying customers and/or accounting errors. Manual detection has failed to make a difference in reducing this…

Anna Lerner, Priyanka Ripley |

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 |

The BMR Jamaica Wind project,  Jamaica’s largest private-sector renewable energy project. Photo: IFC Last month, a new wind farm began spinning its blades in Jamaica. At 36 megawatts (MW) it…

Kruskaia Sierra-Escalante |

Past PPP Blogs introduced readers to the Caribbean Regional Support Facility, which ran a series of boot camp-style workshops to increase technical capacity among Caribbean government officials…

S. Brian Samuel |

For the first time in history, the number of people living in extreme poverty has fallen below 10%. The world has never been as ambitious about development as it is today. After adopting the…

Sri Mulyani Indrawati |

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 |

Let me explain why the World Bank is optimistic for Moldova.  Reason for optimism number 1. On the edge of the largest market in the world - the European Union - and with labour costs a tiny…

Alex Kremer |