The World Bank Group (WBG) has established that its mission, endorsed by the governors of its client countries, is centered around the goals of sustainably ending extreme poverty and promoting…

Jaime Saavedra |

The growth of China and India and their financial sectors are hard to ignore. In a recent working paper, Tatiana Didier and I study the extent to which firms in these countries use capital markets…

Sergio Schmukler |

Is China, after a hiatus of 150 years, again the largest economy in the world? Not all sources of GDP data agree, but there is little doubt that China is either already now the largest economy, or…

Branko Milanovic |

'Why is China Ahead of India? Implications for Europe and the US, ' was the topic of a talk yesterday at the World Bank by Nobel winner Amartya Sen which was chaired by Kaushik Basu. In…

Merrell Tuck-Primdahl |

In an earlier post, we highlighted a feature of the global pattern of investment in recent times: that since 2000, developing countries have gradually increased their share of global investment,…

The following post is a part of a series that discusses 'managing risk for development, ' the theme of the World Bank’s upcoming World Development Report 2014. Despite more than 19…

Matt Hobson |