Cette page en : English Photo: Philippe Lissac, 2011 CGAP Photo Contest Même si la route reste encore longue, l'Union économique et monétaire ouest-africaine (UEMOA) a accompli des progrès…

Estelle Lahaye |

While most adults in developed countries have an account at a bank or another formal financial institution, this is not the reality in many developing countries, including Senegal. A recent World…

Siegfried Zottel |

  Amadou Hott  “The only way to achieve the sustainable development goals is to use more public capital strategically for unlocking private investment, particularly for infrastructure, ” says…

Håvard Halland, Michel Noel |

School children in Kingston, Jamaica. Strong public financial management affects all facets of government spending, including education. Photo credit: UN Photo/Milton Grant  Finance ministers,…

Samia Msadek |

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 |