People in Saint-Louis, Senegal. © Ibrahima BA Sané/World Bank [[tweetable]]Massive investment is needed to meet the ambitious goal of ending extreme poverty and boosting shared prosperity by 2030…
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…
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…
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,…
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…
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…
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…
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…
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…
In PDF: Korean | Khmer Every time I learn of another natural disaster – the people killed and injured, homes destroyed, livelihoods lost – I know we must act to reduce the tragic impact instead of…