The good governance of public financial resources is often more challenging during good times than during bad times. In the event of an unexpected negative shock – say a drought or a sudden…

Sébastien Dessus |

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 |

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 |

Here are some facts that you might not know: Over the last 60 years, Guatemala has lost almost half of its forests, much of it due to illegal logging. Built-up area around Lake Laguna in the…

Stig Johansson |

Conservation biology was baptized as an interdisciplinary problem science in 1978 at a University of California San Diego conference. But the conservation movement precedes this conference by at…

Valerie Hickey |

Editor's Note: "Notes From the Field" is an occasional feature where we let World Bank professionals conducting interesting trade-related projects around the globe explain some of…

Miles McKenna |

The case of the Maldonado stream: The voice of a citizen Imagine a busy metropolitan avenue crossing the length of Buenos Aires, Argentina, transited daily by buses and trains and lined with a…

Maria Madrid |

Only a very short time ago, we were drawing blank looks when we mentioned "natural capital accounting." This week at Rio, everyone is talking about it. Walls are plastered with flyers…

Rachel Kyte |

It is common to hear officials from countries and international agencies talk about the multiple challenges that impede intersectoral work for health. The concern is valid: while ministries of…

Patricio V. Marquez |