As the world becomes increasingly urbanized, the number of megacities is growing rapidly. Today there are 37 cities worldwide with populations of greater than 10 million, and 84 with populations…

Philip E. Karp, Peter Ellis, Barjor Mehta |

Photo: Ashim D'silva | Unsplash  From “Billions to Trillions”, to the Hamburg Principles and Ambitions, to Maximizing Finance for Development (MFD), [[tweetable]]mobilizing private capital to…

Towfiqua Hoque |

The World Bank Group surveys its stakeholders from country governments, development organizations, civil society, private sector, academia, and media in all client countries across the globe.…

Svetlana Markova |

Entering data. Photo: World Bank In the fiscal transparency arena, people often hear two conflicting claims. First, governments complain that few people take advantage of fiscal information that…

Paolo de Renzio, Massimo Mastruzzi |

 Also available in: Tiếng Việt It’s nighttime and the streets are bustling in Vietnam’s cities and towns. Buoyed by years of strong growth, the country has a burgeoning middle class with…

Ceyla Pazarbasioglu |

Developing countries made considerable gains during the 2000s, resulting in a large reduction in extreme poverty and a significant expansion of the middle class. More recently that progress has…

Margaret McMillan, Dani Rodrik, Claudia Sepúlveda |

Watch Video I was in Vietnam last month and I was so impressed by the tremendous progress the country has made compared to what I had seen 17 years earlier. In 2000, the Nhieu Loc–Thi Nghe canal…

Kristalina Georgieva |

Inequality can be both good and bad for growth, depending on what inequality and whose growth. Unequal societies may be holding back one segment of the population while helping another. Similarly…

Roy Van der Weide, Gustavo A. Marrero, Juan Gabriel Rodríguez |

After a two-year hiatus, the World Bank provided much-needed budget support to Moldova in November 2016. That disbursement of $45 million reflected our confidence that the Government and the…

Alex Kremer |

Why the world’s cities are at risk – and what we can do to make them more resilient We may not know exactly what the world will look like in two decades, but we know this: it is going to be a…

Ivo Germann, Ede Ijjasz-Vasquez |