With climate change, extreme events are expected to be the “new normal” for many small island developing states. It will take coordination and action from multiple stakeholders to effectively…

Joaquin Toro, Kerri Cox |

The 2017 Hurricane season was the most devastating season on record in terms of cost. For many, it was a stark reminder of how the entire economy of a small nation can be wiped out in a few hours…

Christelle Chapoy, Mariana Ceratti, Brune Andre |

A massive storm system brought historic flooding across South Eastern Europe in 2014, causing more than $2 billion in damages in Bosnia and Herzegovina and shrinking Serbia’s economy by nearly a…

Daniel Werner Kull, Michael Staudinger |

In recognition of the vulnerabilities of small island states, we are responding to their aspirations and supporting their recovery and resilience building efforts in five inter-connected ways.

Tahseen Sayed, Christelle Chapoy |

Photo: HAC/Croatian Motorways The state of Croatia’s road sector poses a unique challenge compared with more typical World Bank projects where road assets either need to be developed or require…

Prajakta Chitre, Sebnem Erol Madan, Ioannis Dimitropoulos |

I had the privilege recently to spend an unscheduled hour of discussion with a group of young Tunisians who were visiting our offices. As often, on these occasions it is hard not to get captured…

Antonius Verheijen |

Photo: SkyPics Studio/Shutterstock Data on the sharing economy (Uber, Airbnb and so on) are scarce, but a recent study estimates that the revenue growth of these platforms has been dramatic. In…

Hernan Winkler |

Across the Europe and Central Asia region today, policymakers are confronted daily with a wide range of development challenges and decisions, but the potential impacts of adverse natural events…

Alanna Simpson, Joaquin Toro |

To reinvigorate growth in Europe, European Central Bank President Mario Draghi called for more common projects in the European Union (EU). And he emphasized that these efforts need to meet a set…

Doerte Doemeland, Arup Banerji, Sanja Madzarevic-Sujster |

When development practitioners such as ourselves think of poverty, the EU is not what comes to mind first. While it is true that average incomes are higher in Europe than in most regions of the…

Doerte Doemeland, Gabriela Inchauste |