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 |

Also available in: Françaisالعربية Photo: Arne Hoel Description: Fish market and vegetable market, Nouakchott. The daily catch is brought here by the fishermen’s wives and family members to sell…

Alexandre Laure, Laurent Corthay |

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 |

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 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 |

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 |

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 |