A new World Bank study concludes that the Belt and Road transport corridors could substantially improve trade, foreign investment, and living conditions for citizens in participating countries—but…

Martin Raiser, Michele Ruta |

The six land corridors that are the “Belt” part of the Belt and Road Initiative (BRI) connect more than sixty countries, a number that keeps growing as more and more countries join. However, even…

Charles Kunaka |

Photo: © Dini Sari Djalal/World Bank In the infrastructure domain, “price” is a prism with many façades.   An infrastructure economist sees price in graphic terms: the coordinates of a point where…

Melania Lotti |

This page in: Français Credit: Tracy Ben/ Shutterstock “At 14:28:04 on May 12, 2008, an 8.0 earthquake struck suddenly, shaking the earth, with mountains and rivers shifted, devastated, and parted…

Sameh Wahba, Luis Benveniste |

Photo: bigstock/ f9photos Income growth is not the sole aim of economic development. An equally important, albeit harder to quantify objective is a sense of progress for the entire community, and …

Victoria Kwakwa |

Photo: anekoho / Shutterstock.com Islamic finance assets represent only around 1% of the global financial market, [1] so how can tapping into these funds help close the $452 billion annual…

Aijaz Ahmad, Sara Ahmed |

Just two years ago, Ghana was experiencing unstable commodity prices and a deteriorating macroeconomic situation. Yet, through a unique combination of World Bank guarantees nearly $8 billion in…

Victoria Rigby Delmon, Jenny Chao |

[[tweetable]]How cultural heritage and sustainable tourism help reduce poverty[[/tweetable]]   China has seen a booming tourism industry during the last few decades, thanks to a fast-developing…

Ede Ijjasz-Vasquez, Judy Zheng Jia |

Photo Credit: hans-johnson via Flickr Creative Commons A recent report by PwC on the outlook for global infrastructure spending predicts that by 2020, annual global infrastructure spending will…

Paul da Rita |