Globally, 56 percent of children live in countries with Human Capital Index (HCI) scores below 0.5. As these countries gear up to improve their human capital outcomes, it is vital to set a target…

Zelalem Yilma Debebe |

The World Bank Group (WBG) has clear goals to end poverty by 2030 and to promote shared prosperity in every country, both of which guide our operations, analysis, and policy advice. In setting…

Gabriel Lara Ibarra, Aziz Atamanov |

The Middle East and North Africa (MENA) has witnessed a surge of conflict and economic uncertainty and, while the causes of conflict vary, there is no ambiguity about the negative impact it has on…

Aziz Atamanov, Nandini Krishnan |

Earlier this year, the Metropolitan Policy Program and the Center on Children and Families at Brookings released a study on multidimensional poverty and race in America. The study shows why it’s…

Paul Prettitore |

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 |

Last week I attended a gathering of legal aid providers, a somewhat informal group mostly from rich countries but with a slowly growing number of developing country participants. Legal aid…

Paul Prettitore |

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 |

Inequality begins early in life. In the Middle East and North Africa region it begins before birth, as prenatal care is not universal, and continues right through early childhood with different…

Will Stebbins |

Until now, the gap between rich and poor in the Middle East and North Africa has seemed—statistically at least—narrower than in many other regions of the world. Digging up data on wealth that has…

Catherine Bond |