On a chilly October day in 2015, 24-year-old Rami Anis boarded a rubber boat in the Aegean Sea in Turkey. His destination was Europe and his goal was a better life away from war and hardship.…

Bassam Sebti |

Translations available in Chinese and Spanish. Many of you are already familiar with the PPP (Public-Private Partnerships) Group’s Private Participation in Infrastructure (PPI) Database. As a…

Clive Harris, Jenny Chao |

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 |

Also available in: Arabic | French | Spanish In 2015 the world saw great momentum for climate action, culminating in a historic agreement in December to cut carbon emissions and contain global…

Andy Shuai Liu |

A few years ago I proudly put a sticker on my bicycle that claimed one should ‘bike local’ in order to ‘think global.’  These days, it seems that the car is unavoidable in the majority of growing…

Julie Babinard |

Not even the eruption of Iceland’s Eyjafjallajokull could keep the Netherlands’ Prince of Orange, the chair of the UN Secretary General’s Advisory Board on Water and Sanitation, and the World Bank…

Christopher Walsh |