Pension funds are rightly viewed as an important source of long-term capital in many countries. Following the global financial crisis of 2008, the theme of long-term investment and the role of…

Alvaro Enrique Pedraza Morales |

Unemployment often rises during an economic crisis and policymakers take a range of actions to try to mitigate this increase. For example, 22 countries around the world used some form of wage…

Miriam Bruhn |

The recent global financial crisis has highlighted the impact of credit markets on the real economy, in particular on employment. While an extensive literature exists on how finance can affect…

Maria Soledad Martinez Peria, Meghana Ayyagari, Pedro Juarros, Sandeep Singh |

Editor’s Note: The following is a guest contribution by Susan Lund, Director of Research at the McKinsey Global Institute. She will be speaking at the World Bank on the topic of job creation on…

Susan Lund |

From a theoretical and empirical standpoint, the contribution of infrastructure capital to aggregate productivity and output has been extensively researched. Public capital has been modeled as an…

Cesar Calderon |

In an economic crisis, whose job do employers put on the chopping block first? Many gender equality advocates and policymakers are concerned that “women are at risk of being hired last and…

Mary Hallward-Driemeier, Bob Rijkers |

Editor's Note: Murat Seker recently presented the findings of the paper discussed in the following blog post at a session of the FPD Academy. Please see the FPD Academy page on the All About…

Murat Seker |