Of the region’s 450 million people, nearly two-thirds, almost 300 million people, are under the age of 35. Unfortunately, this vast human resource is highly “untapped,” and nearly 80 percent of…

Anna Bjerde |

View from Santo Domingo, Dominican Republic / World Bank Published in digital portal El Dinero In the past, a company in the Dominican Republic facing financial difficulties, such as falling…

Andrés F. Martínez, Annabel González |

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 |

Aracelis owns a hair salon in Santo Domingo. Like all the other owners of the nearly 20, 000 small and medium-sized enterprises (SMEs) in the Dominican Republic, she dreams about making her…

John Martin Wilson, Annabel González |

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 |

When I arrived in Tunis almost a year ago, one of my colleagues at the World Bank office tried to explain to me how the rules in effect had made it impossible to export high-quality olive oil. I…

Antonius Verheijen |

Continuing the dialogue and peer-to-peer exchange on the benefits and challenges to fiscal transparency is essential to sustaining the momentum for reform. The time for action is now — the Arab…

Renaud Seligmann, Lida Bteddini |

I had the privilege recently to spend an unscheduled hour of discussion with a group of young Tunisians who were visiting our offices. As often, on these occasions it is hard not to get captured…

Antonius Verheijen |

Results-based financing can force conversation to focus on developing a theory of change that starts with results. (Photo: Minna Mattero / World Bank) We just got back from Nepal to see how…

Jessica Lee, Peter Holland |

For the first time in history, the number 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 |