In more than 80 percent of these countries, government debt is now higher than before the 2008-09 global financial crisis. Many of these economies need to urgently improve fiscal positions within…

M. Ayhan Kose, Franziska Ohnsorge, Naotaka Sugawara |

This blog is a biweekly feature highlighting recent working papers from around the World Bank Group that were published in the World Bank’s Policy Research Working Paper Series. This entry…

Marcelo Buitron, Policy Research Working Paper team |

Businesses worldwide feel the repercussions of the Russian invasion of Ukraine, but how exactly is the private sector faring in Central Asia—a region with deep trade and investment ties to Russia…

Mariana Iootty, Martin Melecky |

The World Bank's Global Tax Program explores the gender dimensions of tax systems, aiming to help developing countries formulate tax policies with a gender lens. Results from three countries…

Caren Grown, Ceren Ozer, Chiara Bronchi |

What are we learning from the unprecedented social protection responses to Covid-19? This blog combines analysis of large datasets with a review of about 300 papers, evaluations, and practical…

Ugo Gentilini |

The COVID-19 crisis spurred unprecedented change, especially in industries with a large digital component. This digital revolution has catalyzed increases in access to and use of financial…

David Malpass |

When the COVID-19 lockdown measures began, international organizations predicted a massive decline in remittances to developing countries. However, when the first 2020 figures became public…

Lelys Dinarte-Diaz, David Jaume, Eduardo Medina-Cortina |

Detailed data on the spatial distribution of jobs is crucial, but such data are rarely available. This study develops a machine learning algorithm that relies on widely available public data to…

Paolo Avner, Jun Rentschler, Samira Barzin, Neave O'Clery |

The latest edition of the Global Findex shows that account ownership has grown across the globe and three out of four adults worldwide today have a financial account. Yet 1.4 billion adults remain…

Asli Demirgüç-Kunt, Leora Klapper, Dorothe Singer, Saniya Ansar |

Creating new jobs is one of the biggest challenges facing low- and middle-income countries. This blog assesses the short-term impacts of two innovative interventions to enhance private sector…

Michael Grimm, Michael Weber, Sidiki Soubeiga |