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 |

Around 250 million migrants currently live outside their countries of birth, making up approximately 3.5 percent of the world population. Despite the widespread perception of a global migration…

Caglar Ozden |

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 |

 Photo © Dominic Chavez/World Bank Performance budgeting (PB) has a deep and enduring appeal. What government would not want to allocate resources in a way that fosters efficiency, effectiveness,…

Donald Moynihan, Ivor Beazley |

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 |

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 |

Part of the World Bank’s new vision is to step up its efforts to help fragile and conflict-afflicted states break the vicious cycle of poverty. But this is no easy task.   The destruction of…

Massimiliano Calì |

Concerns over climate change took center stage at this year’s World Bank annual meetings. The message was clear: there doesn’t have to be a tradeoff between economic growth and a cleaner,…

Harun Onder, Miles McKenna |

Click here to view the full Infographic in high resolution. Tomorrow, a Learning for All Ministerial Meeting will bring together development partners and ministers of finance and education from…

Education Team |

In a new study on gender equality, researchers asked 4, 000 people in 20 countries to describe the gender norms in their communities and the influence those norms have on their lives and their…

Stacy Morford |