While there were benefits from the increase in lending by government banks, such as a reduction in loan interest rates and positive employment effects, there were also large costs, linked to an…

Gustavo Joaquim, Felipe Netto, José Renato H. Ornelas |

Economic policies over past years and decades have had negative impacts on living standards, the private sector and the environment, driving a deep crisis that is hitting ordinary Pakistanis…

Tobias Haque |

A groundbreaking new report, completed with support of the World Bank, provides the Dominican Republic’s first-ever regional accounts aligned with international standards for the System of…

Jose Pablo Valdes Martinez, Shwetha Grace Eapen |

A new joint report from the IMF, the World Bank, OECD, and BIS suggests core design and disclosure elements for building this information architecture that could provide some comparability and…

Fiona Stewart, Charlotte Gardes-Landolfini, Prasad Ananthakrishnan, Aaron Levine |

Across the MENA region, state-owned enterprises (SOEs) play a major role in countries’ economies and in the delivery of essential services to the public. As a result of a comprehensive desk review…

Nazaneen Ismail Ali, Jocelyne Jabbour, Simeon Sahaydachny |

Wealthiest economies have proved to be remarkably resilient in the face of the steepest rise in interest rates in decades. In the U.S., inflation has been whittled down, so far without much harm…

Indermit Gill, M. Ayhan Kose |

During COP15 of the Convention on Biological Diversity (CBD), in December 2022 in Montreal, a message was clear: Ministries of Finance play a critical role in achieving commitments set out in the…

Olha Krushelnytska, Frank van Lerven, Camille Maclet |

Sustainability-linked bonds have merit and the potential to drive changes in the real economy by realigning the financial sector focus from inputs to outcomes.

Fiona Stewart, Imtiaz Ul Haq |

Much has been written about the looming debt crisis in low- and middle-income countries. A series of global shocks and a worsening climate crisis have created an unprecedented challenge for many…

Parul Agarwal, Albert Pijuan Sala, Fiseha Haile Gebregziabher |

In 1990, about half of the population in Sub-Saharan Africa and South Asia and two-thirds in East Asia and the Pacific were living in extreme poverty (defined as living on less than what today…

Samuel Kofi Tetteh Baah, Christoph Lakner |