Illicit trade in tobacco products undermines global tobacco prevention and control interventions, particularly with respect to tobacco tax policy. From a public health perspective, illicit trade…

Sheila Dutta |

El primer bono verde emitido por el Banco Mundial hace 10 años sirvió como punto de partida para el actual mercado de bonos etiquetados que supera los USD 500 000 millones. En este artículo se…

Heike Reichelt |

Photo: shplendid | Flickr Creative Commons Talk of trade tariffs and heightened geopolitical tensions are dominating news headlines recently. As developed economies consider escalating…

Mark Moseley |

Many countries are experiencing urbanization within the context of increased decentralization and fiscal adjustment. This puts sub-national entities (local governments, utilities and state-owned…

Kirti Devi, Luciana Guimaraes Drummond E Silva |

El agua marina aumenta en las costas de Bangladesh. (i) El suelo contiene mayor cantidad de sal (i) a medida que el mar invade la tierra. Como resultado de ello, los agricultores ven disminuir sus…

Sri Mulyani Indrawati |

Understanding macroeconomic volatility part 3Read parts 1 & 2
There’s good evidence that a country’s level of financial development affects the impact of volatility on economic growth,…

Francisco G. Carneiro, Ha Minh Nguyen, Rei Odawara |

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 |

Volatility in financial markets gets wide attention in the public eye. Less noticed is what we in the development world call macroeconomic volatility—faster-than-desired swings in the broad forces…

Francisco G. Carneiro, Ha Minh Nguyen, Rei Odawara |

Also available in: Français | العربية   A boat trip from Port Elizabeth to Kingstown, in the Caribbean country of Saint Vincent and the Grenadines, is a one-hour trip that locals take several…

Valerie Lorena |