Small, landlocked, and resource-rich Lao PDR has been quietly maintaining its place as one of East Asia and Pacific’s fastest growing economies for nearly 20 years. Since 2000, the average…

Stephen Danyo |

Just two years ago, Ghana was experiencing unstable commodity prices and a deteriorating macroeconomic situation. Yet, through a unique combination of World Bank guarantees nearly $8 billion in…

Victoria Rigby Delmon, Jenny Chao |

Nearly 50 years ago, books such as Asian Drama: An Inquiry Into The Poverty Of Nations, by the Swedish economist and Nobel laureate Gunnar Myrdal, offered a dire prediction of famine and poverty…

Axel van Trotsenburg |

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 |

In the build up to the Arab uprisings, data was doing its part to deceive those who follow the region closely. Tunisia and Egypt provide great examples. Both nations closed the first decade of the…

Mohamed Younis |

The events of the Arab Spring took the world by surprise: there were no obvious signs of an approaching storm in the Levant and the Maghreb. Objective measures—used on a regular basis—showed that…

Elena Ianchovichina, Martijn Burger, Efstratia Arampatzi |

The nuclear agreement between Iran and the “P5+1” has finally reached adoption stage - and there is much excitement on economic fronts. Multinationals from around the world are queuing up to gain…

Amin Mohseni-Cheraghlou |

. World Bank Chief Economist for the Middle East and North Africa, Shanta Devarajan discusses potential economic scenarios for the region.

Shanta Devarajan |

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 |

What makes smart politicians?  Jeffrey Frankel has an idea.   His recent blog examines the allure, and trap, of universal subsidies.   For one thing, they know that pulling the plug on bad…

Heba Elgazzar |