Road crashes happen in a moment but can leave lasting damage. This is a global problem with a high human and financial cost. Every year, approximately 1.35 million people are killed and 50 million…

Shomik Mehndiratta, Sudeshna Mitra |

State-owned financial institutions (SOFIs) are often associated with poor corporate governance, political interference, crowding out of private sector resources, higher non-performing loans (NPLs…

Gunhild Berg, Mario Guadamillas |

The impacts of COVID-19 and consequent supply chain disruptions have driven some companies to bring supply chains closer to production. The global automotive industry is an example. This is an…

Niharika Sachdeva, Fernando Blanco, Emmanuel Pouliquen, Turhan Semizer |

To protect vulnerable populations and promote economic growth, policymakers in the Western Balkans should take into account the heterogeneity of inflation rates experienced by different households…

Anna Fruttero, Leonardo Lucchetti, Carlos Ospino, Zurab Sajaia |

For the Western Balkan countries, aspirations to join the EU mean urgency to align with the bloc’s climate and environmental policy acquis. All six countries—Albania, Bosnia and Herzegovina,…

Anita Hafner, Marissa Santikarn |

The Balkans often evoke images of conflict and fragmentation. But on the digital front, countries across Southeast Europe are working together to build robust broadband network connecting millions…

Natalija Gelvanovska-Garcia |

Blog about how the global crises and uncertainty are testing the economic resilience of the Western Balkans. And what the governments across the region should consider in order to build greater…

Sanja Madzarevic-Sujster, Richard Record, Natasha Rovo |

To build on the Utility of the Future program, the World Bank, in partnership with the Swiss State Secretariat for Economic Affairs (SECO), is establishing the Utility of the Future Center of…

Karin Gallandat, Sven Schlumpberger, Federico Perez Penalosa, Camilo Lombana Cordoba |

The Western Balkan countries need to remain vigilant about the impact of climate change on their financial sectors by prioritizing green taxonomies, promoting prudential management of climate and…

Jane Hwang, Ismael Ahmad Fontan, Alper Oguz, Vahe Vardanyan |

The gender gap in Serbia’s labor force participation is smaller than the average for upper middle-income countries—yet women still only occupy about one-third of senior and middle manager…

Jelena Lukic, Maria Manuela Faria |