The global economy is stagnating, and uncertainty about its future is rising. These trends weigh heavily on countries that depend on the production and export of a small range of products, or that…

Cecile Fruman |

Global competition to attract foreign and domestic direct investment is so high that nearly all countries offer incentives (such as tax holidays, customs duty exemptions and subsidized loans) to…

Harald Jedlicka, Yassin Sabha |

Afghanistan. Photo by Steve Utterwulghe. This latest blog post should start with a mea culpa. Indeed, my 2015 work plan for public-private dialogue (PPD) did start in Dushanbe, Tajikistan, not…

Steve Utterwulghe |

The spectacular recovery of a long-missing painting by Pablo Picasso – a canvas that had been stolen more than a decade ago, in a daring museum theft in Paris – offers a vivid reminder of the…

Christopher Colford |

Every minute, dozens of people in East Asia move from the countryside to the city. The massive population shift is creating some of the world’s biggest mega-cities including Tokyo, Shanghai,…

Axel van Trotsenburg |

The price of sending international remittances has reached a new record low in the first quarter of 2014. The global average cost of sending money across borders was recorded at 8.36 percent. This…

Massimo Cirasino, Marco Nicoli |

"Project Greenback 2.0 – Remittance Champion Cities" was launched on October 29 in Turin, Italy. A team from the World Bank's service line on Financial Infrastructure, hosting the…

Massimo Cirasino, Marco Nicoli |

Natural disasters – such as tsunamis, earthquakes, cyclones and floods – are costly to society, in terms of both human destruction and financial losses. Governments ultimately bear the full cost…

Olivier Mahul |

They had to do something different, something memorable, which would make people realize just how tough it is for small businesses in the Caribbean to survive, “So we held a funeral”. Rosalea…

Eleanor Ereira, Anthony Lambkin |