According to the World Economic Forum’s “Global Competitiveness Report 2016-2017, ” Hong Kong dropped two notches to rank as No. 9 in its Global Competitiveness Index. The decline occurred mainly…

Dr. Winnie Tang, Juni Tingting Zhu |

There is no better way to mark this year’s World Cities Day than reflecting on the adoption of the New Urban Agenda at the recent Habitat III conference in Quito. The agenda reaffirms the…

Sameh Wahba, Sarah Xinyuan Lin |

We are all aware of the statistics: [[tweetable]]cities are home to more than 50% of the world’s population, [[/tweetable]] and they are growing so fast that 66 out of 100 people on earth will be…

Soraya Goga |

About this series More blog posts A few months ago, a 7.8 magnitude earthquake in Ecuador claimed hundreds of lives, left almost 28, 000 people injured, and caused $1 to 3 billion worth of damage…

Ede Ijjasz-Vasquez, Thomas Moullier |

School children in Kingston, Jamaica. Strong public financial management affects all facets of government spending, including education. Photo credit: UN Photo/Milton Grant  Finance ministers,…

Samia Msadek |

This blog was previously published in The World Post.
Talk about ‘growth’ in Latin America has become less upbeat today than a few years ago. That’s no surprise. For over a decade, average…

Katia Vostroknutova, Jorge Thompson Araujo, Konstantin M. Wacker, Mateo Clavijo Munoz |

Understanding macroeconomic volatility part 3Read parts 1 & 2
There’s good evidence that a country’s level of financial development affects the impact of volatility on economic growth,…

Francisco G. Carneiro, Ha Minh Nguyen, Rei Odawara |

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 |