Illicit trade in tobacco products undermines global tobacco prevention and control interventions, particularly with respect to tobacco tax policy. From a public health perspective, illicit trade…

Sheila Dutta |

Suwon's EcoMobility Festival. Photo: Carlos Felipe Pardo The discussion on climate change often tends to ignore one critical factor: people’s own habits and preferences. In urban transport,…

Julie Babinard |

As the world becomes increasingly urbanized, the number of megacities is growing rapidly. Today there are 37 cities worldwide with populations of greater than 10 million, and 84 with populations…

Philip E. Karp, Peter Ellis, Barjor Mehta |

The World Bank partnered with the Women’s Media Center “Let’s Talk Money” radio show to help build financial stability in Cambodia. Risky financial behaviors among Cambodians of the post-…

Ratchada Anantavrasilpa |

The World Bank Group’s Open Learning Campus (OLC) launched a free Massive Open Online Course (MOOC) today — Policy Lessons from South Korea’s Development — through the edX platform, with…

Sheila Jagannathan, Shahid Yusuf, Sayyora Krulikowski |

Image: CC Pixabay South Korea today has the fourth largest economy in Asia, is a member of the OECD’s “Rich Club, ” and is part of the G20.  Despite sharp economic shocks emanating from the Asian…

Simon Bell |

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 |