Negative rates are effective in stimulating the economy when nominal interest rates hit the zero lower bound, via an increase in bank lending.

Pietro Grandi, Marianne Guille |

To ensure that refugees are included in COVID-19 pandemic response and recovery, UNHCR and the World Bank continue to work diligently with host countries.

Filippo Grandi, Axel van Trotsenburg |

With the right precautions, public transport can provide a safe way of getting around and contribute to a more sustainable, more inclusive recovery.

Arturo Ardila-Gomez |

It is undeniable that progress has been made in reducing extreme poverty over the last quarter century—from 36 percent of the world population in 1990 to an estimated 8.6 percent in 2018—and that…

Philippe H. Le Houérou, Antoinette Sayeh |

 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 |

Another year has passed, and as we do each year-end, here’s a rundown of what content resonated most with you on World Bank social media in 2016. Four World Bank Facebook posts you cared about…

Mario Trubiano |

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 |

Too often, the conventional wisdom in diplomatic or scientific circles is that the general public doesn't know what's good for them when it comes to foreign policy or tackling global…

Jim Yong Kim |

At the World Bank Group/IMF Spring Meetings, 42 finance and development ministers discussed phasing out fossil fuel subsidies, putting a price on carbon and mobilizing the trillions of dollars in…

Rachel Kyte |

With the Ebola outbreak waning but not yet over, the three most affected countries must now find ways to rebuild their economies and strengthen their health systems to try to prevent another…

Donna Barne |