More efficient ACs that run on environmentally-friendly refrigerants will be vital to solve the cooling crunch and mitigate greenhouse gas emissions. In the Middle East and North Africa Region (…

Helena Naber, Thanavat Junchaya, Jeff Gibson |

Growing a business is not easy, and for women firm owners the challenges can be acute, especially when they are poor and run subsistence level firms. In developing countries, 22 percent of women…

Mayra Buvinic, Joao Montalvao, Amy Copley |

Small-scale entrepreneurship is widespread in developing countries, yet very few of these entrepreneurs are successful in growing their businesses beyond initial levels. Many constraints play a…

Bilal Zia |

In 2017, a severe and prolonged drought had hit countries in Africa and the Middle East, bringing crop shortage, livestock death, water scarcity and disease. Food shortages escalated into near-…

Utz Pape |

If you skimmed the news this year, 2017 may have seemed like a tough year for climate change.   The US and the Caribbean endured a devastating hurricane season. People across Africa felt the…

Ellysar Baroudy |

The Latin America and the Caribbean region is moving quickly to introduce market incentives as a component of their climate change mitigation policy, for example, 24 countries have identified…

Rodrigo Pizarro |

This year’s global poverty update from the World Bank is a minor one. Until reference year 2008, the World Bank published new poverty estimates every three years, and between 2010 and 2013 we…

Francisco Ferreira, Christoph Lakner, Carolina Sánchez-Páramo |

We know that fiscal policy can be harnessed to reduce inequality in low- and middle-income countries, but until now, we knew less about its ability to reduce poverty. Our recent volume looks at…

Gabriela Inchauste, Nora Lustig |

Global economic growth is accelerating. After registering the slowest pace since the 2007-2009 financial crisis in 2016, global growth is expected to rise to a 2.7 percent pace this year and 2.9…

Ayhan Kose, Raju Huidrom, Franziska Ohnsorge, Naotaka Sugawara |

When people spend money, their decisions are often influenced by the desire to signal wealth and attain social status. This insight is not entirely new – even Adam Smith, in the Wealth of Nations…

Martin Kanz |