Today, there are more refugees in the world than directly after World War II. That is almost 26 million people who have been forcibly displaced from their homes and fled across borders from…

Axel van Trotsenburg |

Illicit trade in tobacco products undermines global tobacco prevention and control interventions, particularly with respect to tobacco tax policy. From a public health perspective, illicit trade…

Sheila Dutta |

© Thinkstock It was ten years ago, right before the global crisis when Lehman Brothers had not collapsed, and Fannie Mae and Freddie Mac had not been placed into conservatorship. For debt managers…

M. Coskun Cangoz |

Why the world’s cities are at risk – and what we can do to make them more resilient We may not know exactly what the world will look like in two decades, but we know this: it is going to be a…

Ivo Germann, Ede Ijjasz-Vasquez |

Understanding macroeconomic volatility part 3Read parts 1 & 2
There’s good evidence that a country’s level of financial development affects the impact of volatility on economic growth,…

Francisco G. Carneiro, Ha Minh Nguyen, Rei Odawara |

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 |

From the smallest rural villages in Bangladesh to the large, bustling metropolitan centers of Cairo or Istanbul, small and medium enterprises (SMEs) are the lifeblood of Islamic communities around…

Bertrand Badré |

  Tensions were high at the international Board meeting of Extractive Industries Transparency Initiative (EITI) in Berne, Switzerland.  EITI Board members, 20 in all, including civil society…

Charles Feinstein |