Jobs and wage growth have been the most important driver of poverty reduction globally, and Central Asia. In Tajikistan, for example, it has cut poverty by about two-thirds since 2003. In…

Lilia Burunciuc |

Photo: only_kim / Shutterstock.com  There are many drivers of climate change, but few would disagree that energy infrastructure built according to “business-as-usual” standards is a major one.…

Michael Tran |

Also available in Español​ Photo: Dominic Chavez / International Finance Corporation In the early 1990s, Colombia’s road infrastructure was a maze of poorly maintained roads and bad highways.…

Philippe Neves |

This year, the annual Doing Business Report – by far the most anticipated and cited World Bank publication – celebrates its 15th year. Starting in 2003, the fledgling report, which covers about…

Stefka Slavova |

Photo: Deutsche Welle | Flickr Creative Commons  As in many regions, countries in Latin America and the Caribbean are underinvesting in infrastructure—spending in the sector is only about half of…

Gastón Astesiano |

Earlier this month, development banks from around the world took stock of where they stand and where they see their efforts having the greatest impact at a meeting organized by the World Bank and…

Ceyla Pazarbasioglu |

Global competition to attract foreign and domestic direct investment is so high that nearly all countries offer incentives (such as tax holidays, customs duty exemptions and subsidized loans) to…

Harald Jedlicka, Yassin Sabha |

Do you want to take a walk through a competitive city? Since today, October 31, has been designated as World Cities Day by the United Nations, today is an especially good day to explore that idea…

Megha Mukim, Romulo Cabeza, Erick Ramos Murillo |

A technology bootcamp in Medellín, Colombia. © Corporación Ruta N Medellín/World Bank The fourth industrial revolution is disrupting business models and transforming employment. It is estimated…

Victor Mulas |

Also available in: Français A public faucet that serves 1, 000 families in el Alto, Bolivia. Photo credit: Stephan Bachenheimer / World Bank Small towns* typically have not been well served by…

Fadel Ndaw |