Kazakhstan. Photo: Kubat Sydykov / World Bank How large is the share of public procurement to GDP in middle-income and low-income countries and how it is evolving? If sizable, can public…

Simeon Djankov, Federica Saliola, Asif Islam |

Forever Young: Southern Africa’s Demographic Opportunity There has been an increase in attention on Africa’s changing population. Academics, development organizations and the media (among others,…

Lucilla Maria Bruni, Jamele Rigolini, Sara Troiano |

Also available in: Arabic | French National Bank of Abu Dhabi, UAE. Photo: Wikimedia Commons Gulf banking markets may have entered an important phase of consolidation, with the potential to…

Pietro Calice |

While 85 percent of participating OGP countries have digitized their public records, only 16 percent are storing them in secure, professionally managed digital repositories. On April 22 and April…

Anne Thurston, Victoria L. Lemieux |

Dr. Flora Lubowa is a medical officer at the Magomeni Health Center. Dar es Salaam, Tanzania: Photo Arne Hoel I have worked on public procurement and governance for most of my life. But I have…

Robert Hunja |

See high resolution here. While countries around the world reap the benefits of an expanding digital environment, development challenges persist, adversely impacting low-income countries from…

Gina Martinez, Boris Rumenov Balabanov |

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 |