The countries of the Western Balkans – which include the states of the former Yugoslavia, along with Albania – are not exactly world-famous for their entrepreneurial spirit. Yet if you look at…

Jeanette Thomas |

Natural disasters – such as tsunamis, earthquakes, cyclones and floods – are costly to society, in terms of both human destruction and financial losses. Governments ultimately bear the full cost…

Olivier Mahul |

The Yangon Circular Railway is the local commuter rail network in Yangon, Myanmar. In this recording, World Bank Country Manager Kanthan Shankar boards the train on a three-hour ride around the…

Kanthan Shankar |

Imagine you are a leader of an African country and your entire government budget for the year is $1.2 billion. That same year, an investor sells 51 percent of their stake in a huge iron ore mine…

Caroline Anstey |

With as many as 12 million mobile phone users, mobile is booming in Afghanistan (Credit: USAID, Flickr Creative Commons) Afghanistan has made significant progress in its development since 2001.…

Anushka Thewarapperuma |

How can countries create 600 million jobs for its citizens? As the World Bank convenes its Spring Meetings in Washington this week to discuss the state of international development, the question…

Ivan Rossignol, Yannick Saleman, Luke Jordan |

Forget the Homo Sapiens and the Homo Economicus. The guy who traces our destiny is the Homo Ludens, the man who plays. Johan Huizinga, a professor of history and linguistics, in his 1938 book,…

Eliana Cardoso |

Globalization has accelerated global growth and global poverty reduction. But it has also raised concerns. The current global crisis may change globalization itself, as both developed and…

Ejaz Ghani |

The World Bank released its annual Doing Business report (pdf) last week which tracks regulatory reforms for conducting business and ranks countries based on their ease of doing business.…

Joe Qian |

The expense of operating outboard motor boats means that visits to each community are few and far between. In December 2008, I spent two and a half days traveling around the Solomon Islands with…

Edith Bowles |