Read in Mongolian.   Did you know that low-income Mongolians are better at managing daily finances than higher income earners, although those with better incomes are more likely to make provisions…

Siegfried Zottel, Shaun Mundy |

We are reviewing the 25 year partnership between Mongolia and the World Bank, one year at a time, and today we examine 2003.  GDP grew 7.0% that year, the highest growth rate since the transition…

Jim Anderson |

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 |

Students using new high-speed Internet in Tonga. Photo: World Bank Group For private financiers, official government support to information and communications technology (ICT) projects might seem…

Jeff Delmon |

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 |

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…

Axel van Trotsenburg |

​Small and medium sized companies are the backbone of Latin America’s economy. They represent more than 90 percent of all enterprises in the region, generating over half of all jobs and a quarter…

Irene Arias |

​Many of our aspirations revolve around improving our personal finances—keeping better track of spending, saving towards a goal or perhaps getting out of debt.  How can we work towards these goals…

Rekha Reddy, Miriam Bruhn |

The ritual publication by the leading multilateral organizations, think tanks and investment banks on the macroeconomic outlook for Latin America and the Caribbean which, without being too…

José Juan Ruiz Gómez |