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 |

Education is an investment: every year of schooling raises earnings by ten percent. Photo: Maxim Zolotukhin / World Bank Last month, I joined a group of former education ministers and experts for…

Harry A. Patrinos |

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 |

For the first time in history, the proportion 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 |

Nearly 50 years ago, books such as Asian Drama: An Inquiry Into The Poverty Of Nations, by the Swedish economist and Nobel laureate Gunnar Myrdal, offered a dire prediction of famine and poverty…

Axel van Trotsenburg |