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Around 70 percent of 10-year-olds in low- and middle-income countries can’t read and understand a simple text. Teaching-at-the-Right Level groups students by their current learning level, rather…
Just 25 percent of South Asia’s working-age women were in the labor force in 2021—about half the average among emerging market and developing economies (EMDEs)
In this latest blog, Valerie Hickey shows the importance of forests for development – including benefits to climate, jobs, and food security – particularly in the context of the new Global…
Gender-based violence is a development issue as it has economic costs for countries in the form of loss in employment and productivity, direct costs of health care, the justice system, and social…
Since its creation in 1944, the World Bank has issued bonds to raise funds from private investors that have mobilized close to $1tn for sustainable development projects and programs in middle-…
Concessional finance is more important than ever for the world’s poorest countries. Yet today’s aid architecture is highly complex, fragmented, and offers limited concessionality. In this context…
In Within reach: Navigating the political economy of decarbonization, recently published by the World Bank, the authors argue that overcoming political economy barriers to achieve progress in the…
The World Bank’s mission of facilitating sustainable and inclusive development on a livable planet is inextricably linked to the Rule of Law. The concept of “Rule of Law” has long been variously…
Market finance for developing countries has collapsed. MDBs are needed for mobilizing resources for development, through lending, guarantees, co-financing, and policy advice. We have also seen a…
The World Bank has begun to issue a new type of bond that directs finance to a specific project or activity and in turn makes a portion of the return on the bond contingent on the success of that…