Natural disasters – such as tsunamis, earthquakes, cyclones and floods – are costly to society, in terms of both human destruction and financial losses. Governments ultimately bear the full cost…

Olivier Mahul |

ISTANBUL — On my first trip to Turkey, I met the country's political leaders, business executives, and civil society organizers — and some of the World Bank Group staff. We have 250 staff in…

Jim Yong Kim |

Talk about timing! This week has seen back-to-back initiatives that underscore the growing importance of Islamic finance – and the significant role that the World Bank Group can play in unleashing…

Abayomi Alawode |

Imagine you are a leader of an African country and your entire government budget for the year is $1.2 billion. That same year, an investor sells 51 percent of their stake in a huge iron ore mine…

Caroline Anstey |

Does Rwanda's impressive growth tell the whole story? (Credit: CIAT, Flickr Creative Commons) Over the last few years, a lot of optimism has been built around Rwanda being the next big thing…

Mohammad Amin |

By Hon. Jean Philbert Nsengimana, Minister of Youth and ICT for Rwanda Rwanda is steadily moving towards its vision of becoming an information-rich and knowledge-based economy and society, and an…

Hon. Jean Philbert Nsengimana |

Business reforms can spur economic dynamism in the East African Community East Africa is famous for its breathtaking landscapes and its unique concentration of wild animals. Could it also become…

Nina Paustian |

A couple of weeks ago, I blogged about the opening of the 10th Session of the United Nations Forum on Forests, in Istanbul, and Turkish Prime Minister Recep Tayyip Erdoğan’s impassioned challenge…

Peter Dewees |

Having lived in many countries throughout the former Soviet Union over the last nine years, I am familiar with International Women’s Day as a holiday. In Turkey, however, Women’s Day remains a…

Martin Raiser |

Many important policies are implemented at the national level. Monetary policy, fiscal policy, and many regulations are key examples. Pure time series or before-after analysis of the impacts of…

David McKenzie |