Liza (center) with her classmate Recently I met an inspiring student: 12-year-old Song Liza, who told me about her goal of becoming a doctor. Her reasoning is simple: one, because the shortage of…

Saroeun Bou |

It has been almost four years since I first became involved with the regional public-private dialogue initiative, the Caribbean Growth Forum (CGF). In June 2012, I walked into the conference room…

Israel Mallett |

Also available in: Français A public faucet that serves 1, 000 families in el Alto, Bolivia. Photo credit: Stephan Bachenheimer / World Bank Small towns* typically have not been well served by…

Fadel Ndaw |

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 |

Also available in: Arabic | French | Spanish In 2015 the world saw great momentum for climate action, culminating in a historic agreement in December to cut carbon emissions and contain global…

Andy Shuai Liu |

The forum works through eight working groups that meet regularly to discuss issues such as tax and law, export, and tourism.

Stéphane Guimbert |

A rice seller in one of Cambodia's markets. The price of rice, a staple food for Cambodians,  has doubled between July 2007 and July 2008. Last week, I attended a very interesting seminar by…

Stéphane Guimbert |