View from Santo Domingo, Dominican Republic / World Bank Published in digital portal El Dinero In the past, a company in the Dominican Republic facing financial difficulties, such as falling…

Andrés F. Martínez, Annabel González |

Aracelis owns a hair salon in Santo Domingo. Like all the other owners of the nearly 20, 000 small and medium-sized enterprises (SMEs) in the Dominican Republic, she dreams about making her…

John Martin Wilson, Annabel González |

This page in: Arabic | Français | 中文 In a world divided over how to deal with such serious problems as terrorism, immigration, free trade, and climate change, governments agree on the urgency of…

Luis Triveno, Michael J. Lea |

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 |

 Photo © Dominic Chavez/World Bank Performance budgeting (PB) has a deep and enduring appeal. What government would not want to allocate resources in a way that fosters efficiency, effectiveness,…

Donald Moynihan, Ivor Beazley |

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 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 |

The 2008 financial crisis was a “wake up” call to many teachers in the United States and Canada. As families lost their homes and parents lost jobs, they began to appreciate the importance of kids…

Ivor Beazley |

Russia’s economic woes continue: the recession deepened in the first half of 2015, severely impacting households, while the economy continued to adjust to the 2014 terms-of-trade shock, which saw…

Birgit Hansl |