Since fintech offers the chance to boost economic growth and expand financial inclusion in all countries, the IMF and World Bank surveyed central banks, finance ministries, and other relevant…

Tobias Adrian, Ceyla Pazarbasioglu |

A new World Bank study concludes that the Belt and Road transport corridors could substantially improve trade, foreign investment, and living conditions for citizens in participating countries—but…

Martin Raiser, Michele Ruta |

The traditional route of industrialization for developing countries may no longer be available for the Middle East and North Africa (MENA) region. This should not be a source of regret, as the…

Ferid Belhaj, Rabah Arezki |

“If you want something new, you have to stop doing something old,”—good advice from innovation and management guru Peter F. Drucker. This approach was key to a PPP we coordinated in one of the…

Malak Draz, Muneer Ferozie |

It takes a lot to do a first Public-Private Partnership (PPP) well. In the past 12 months, we witnessed the successful financial close of two landmark PPPs: the Tibar Bay Port PPP—a first for…

Jemima Sy |

The Belt and Road Initiative (BRI) is a development strategy proposed by China to improve cooperation on a trans-continental scale. The range of projects and activities that will be part of the…

Michele Ruta, Alen Mulabdic, Siobhan Murray, Nadia Rocha, François de Soyres |

A major objective of the Belt and Road Initiative (BRI) is to reduce the time and cost it takes to transport goods and people across BRI economies. Many of these countries face serious gaps in…

Maggie Xiaoyang Chen |

The six land corridors that are the “Belt” part of the Belt and Road Initiative (BRI) connect more than sixty countries, a number that keeps growing as more and more countries join. However, even…

Charles Kunaka |

As recently as 2006, Timor-Leste was in crisis. Only a few years into independence, the country was torn by riots and political turmoil. Not surprisingly, its business climate was one of the…

Christopher Bleakley |