Caribbean nations offer valuable lessons on how to mitigate the effects of shocks, like natural disasters and the COVID-19 pandemic, through more resilient public financial management (PFM)…

Tracey Marie Lane, Ruxandra Burdescu, Leah April |

Effective management of state-owned enterprises (SOEs) can offer countries a layer of defense for fiscal resilience and sustainability when resources become scarce due to natural disasters.

Ruxandra Burdescu, Jana Kunicova, Joy ten Berge |

This blog post is part of a series for the 'Bureaucracy Lab', a World Bank initiative to better understand the world's public officials and explores a range of approaches to…

Daniel Rogger |

Here are 7 things you need to know about taxing sugar-sweetened beverages.

Ceren Ozer |

Photo: World Bank Why digitize public procurement? Many countries have an opportunity to digitally transform public procurement systems to achieve enhanced efficiency, accountability, transparency…

Yolanda Tayler, Nataliya Langburd Wright |

Building seawalls. Photo: Lauren Day/World Bank The first ever meeting of the Heads of Procurement of the Organization of Eastern Caribbean States (OECS) took place on June 20-21 in Barbados with…

Shaun Moss |

Governments spend a lot of money to contain violence. [[tweetable]]In 2015, some $1.7 trillion was spent on defense by governments worldwide[[/tweetable]] . While the primary responsibility for…

Ede Ijjasz-Vasquez, Bernard Harborne |

 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 |

Kazakhstan. Photo: Kubat Sydykov / World Bank How large is the share of public procurement to GDP in middle-income and low-income countries and how it is evolving? If sizable, can public…

Simeon Djankov, Federica Saliola, Asif Islam |

Photo credit: Graham Crouch/World Bank In my blog “The Governance Gap – can we bridge it?”, I stressed that strengthened institutions and improved governance are especially critical for the world’…

Deborah Wetzel |