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 |

In the past five years alone, public debt in the poorest countries has increased from 36% of GDP to 51% of GDP.

Ceyla Pazarbasioglu |

Building seawalls. Photo: Lauren Day/World Bank The first ever meeting of the Heads of Procurement of the Organization of Eastern Caribbean States (OECS) took place on June 20-21 in Barbados with…

Shaun Moss |

[[tweetable]]When it comes to responding to disasters, time is of the essence.[[/tweetable]] Help needs to come immediately to save lives; recovery and reconstruction have to start swiftly to…

Zuzana Stanton-Geddes, Jolanta Kryspin-Watson |

In Mali, residents of Timbuktu take part in the maintenance of the Djingareyber Mosque, a World Heritage Site, applying traditional repair techniques. (Tiecoura Ndaou / UN Photo) Imagine a city…

Sameh Wahba, Barbara Minguez Garcia |

Entering data. Photo: World Bank In the fiscal transparency arena, people often hear two conflicting claims. First, governments complain that few people take advantage of fiscal information that…

Paolo de Renzio, Massimo Mastruzzi |

Global competition to attract foreign and domestic direct investment is so high that nearly all countries offer incentives (such as tax holidays, customs duty exemptions and subsidized loans) to…

Harald Jedlicka, Yassin Sabha |

Building earthquake-resistant housing in Peru. Photo: USAID/OFDA, Auriana Koutnik/Flickr When a hurricane, earthquake or other natural disaster strikes a poor country, families too often suffer a…

Luis Triveno, Niels Holm-en |

For the first time in history, the number of people living in extreme poverty has fallen below 10%. The world has never been as ambitious about development as it is today. After adopting the…

Sri Mulyani Indrawati |

See high resolution here. While countries around the world reap the benefits of an expanding digital environment, development challenges persist, adversely impacting low-income countries from…

Gina Martinez, Boris Rumenov Balabanov |