During my last trip to Mexico, I bought tamales from a street vendor and paid by card—something that would have been impossible not long ago. The vendor, who had a Bluetooth card reader connected…

Development Impact Guest Blogger |

Low and volatile agricultural incomes, poor connectivity, low population density and limited information are just a few reasons that have kept commercial banks away of rural areas in developing…

Miriam Bruhn, Claudia Ruiz, Rekha Reddy |

Photo: David Lawrence / World Bank Group One September afternoon, my boss, Pankaj Gupta, popped his head into my office. He had some ideas about how the novel use of guarantees might help solve a…

Richard MacGeorge |

Photo: ITDP Africa/Flickr The World Bank Group (WBG) is currently implementing a new approach to development finance that will help better support our poverty reduction and shared prosperity goals…

Daniel Pulido |

It’s not always easy to convince the private sector to participate in public infrastructure projects—especially in developing countries and emerging economies. Why is this a problem? Because there…

Pankaj Gupta |

The debate on whether the state should play an active role in broadening access to finance or not is one that has lingered for decades. A recent book (de la Torre, Gozzi, and Schmukler, 2017)…

Sergio Schmukler, Facundo Abraham |

Many countries are experiencing urbanization within the context of increased decentralization and fiscal adjustment. This puts sub-national entities (local governments, utilities and state-owned…

Kirti Devi, Luciana Guimaraes Drummond E Silva |

This page in: Arabic | Français | 中文 In a world divided over how to deal with such serious problems as terrorism, immigration, free trade, and climate change, governments agree on the urgency of…

Luis Triveno, Michael J. Lea |

I recently visited the small villages nestled in the mountains between Oaxaca and Veracruz to meet with women entrepreneurs running small forestry, toymaking, ecotourism and coffee businesses. I…

Jorge Familiar |

Earlier this month, development banks from around the world took stock of where they stand and where they see their efforts having the greatest impact at a meeting organized by the World Bank and…

Ceyla Pazarbasioglu |