Growing a business is not easy, and for women firm owners the challenges can be acute, especially when they are poor and run subsistence level firms. In developing countries, 22 percent of women…

Mayra Buvinic, Joao Montalvao, Amy Copley |

Small-scale entrepreneurship is widespread in developing countries, yet very few of these entrepreneurs are successful in growing their businesses beyond initial levels. Many constraints play a…

Bilal Zia |

This page in: Français Across European countries, women continue to earn less than men. Looking at data for full-time working women across 30 countries, we find that women would have needed an…

Gabriela Inchauste, Ana Maria Munoz-Boudet, Paola Buitrago Hernandez |

We know that fiscal policy can be harnessed to reduce inequality in low- and middle-income countries, but until now, we knew less about its ability to reduce poverty. Our recent volume looks at…

Gabriela Inchauste, Nora Lustig |

Global economic growth is accelerating. After registering the slowest pace since the 2007-2009 financial crisis in 2016, global growth is expected to rise to a 2.7 percent pace this year and 2.9…

Ayhan Kose, Raju Huidrom, Franziska Ohnsorge, Naotaka Sugawara |

When people spend money, their decisions are often influenced by the desire to signal wealth and attain social status. This insight is not entirely new – even Adam Smith, in the Wealth of Nations…

Martin Kanz |

Three quarters of a century since the opening of the first McDonald’s, the fast food chain operates around 34, 000 outfits in around 120 countries and territories across all continents. In Sub-…

Borko Handjiski |

smile and say 'PISA!' Much of the discussion related to how new technologies can be used in classrooms in low and middle income countries focuses on the use of PCs, desktops and tablets…

Michael Trucano |

Gary Lineker, the British footballer, is not only known for his talent on the pitch, but also for this memorable quote: “Football is a simple game; 22 men chase a ball for 90 minutes and at the…

Wolfgang Fengler |