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World Bank

French Minister: Food Price Stabilization Agreement A 'Tour de Force'

AP | PAUL SCHEMM | Posted 08.23.2011 | Business

PARIS — The largest economies in the world agreed Thursday to a series of measures to stabilize world food prices after recent fluctuations caus...

Diversify, Diversify, Diversify

Otaviano Canuto | Posted 08.22.2011 | World
Otaviano Canuto

When we talk of diversification, it's not only diversification of products but also of markets. The greater variety of products a country can export, to a greater array of clients, the less vulnerable it will be to external shocks.

Food: America's 21st Century Manifest Destiny?

Raymond J. Learsy | Posted 08.19.2011 | World
Raymond J. Learsy

Food offers this nation the opportunity not only to reconnect once again with its agricultural roots, but to assume a role of visionary leadership.

A Marriage of Convenience

Otaviano Canuto | Posted 08.15.2011 | Business
Otaviano Canuto

Prudential regulation and monetary policy are complementary. Neither one can replace the other on its own. The combined use of both tends to be more effective than a standalone implementation of either.

Will a Democratic Transition Happen in Egypt?

Rabah Ghezali | Posted 08.14.2011 | World
Rabah Ghezali

When forcing him to resign under American pressure, the Egyptian Army did not exactly arbitrate between Mubarak and the protesters but rather between Mubarak and themselves.

Lagarde's Potential IMF Competitor Decides Against Bid

Posted 08.10.2011 | Business

PARIS (Catherine Bremer) - South Africa's Trevor Manuel ruled himself out of the race for the IMF's top job on Friday, making French finance minis...

State Department: Hillary Clinton World Bank Report Is Untrue

AP | Posted 08.09.2011 | World

WASHINGTON — The State Department shot down a report Thursday that Secretary of State Hillary Rodham Clinton has been in discussions with the Wh...

Hillary Clinton Reportedly Seeking World Bank Presidency

Posted 08.09.2011 | World

*''Hillary Clinton wants the job,'' source says *Timing of move would be 2012 when Zoellick's term ends *Clinton would be first woman head of ...

Are We Neglecting Crucial Links in the Results Chain?

Vinod Thomas | Posted 08.08.2011 | World
Vinod Thomas

What explains the wide variability of development programs in achieving the targeted outcomes? Are we neglecting crucial links that can make development work more effective?

Crowdsourcing: Putting the "Public" Back in the Public Sector

Alison Craiglow Hockenberry | Posted 08.03.2011 | World
Alison Craiglow Hockenberry

It won't be much longer that the IMF can select its leadership like it's still the 1940s -- in back room conversations between the Americans and Europeans.

Stiglitz: IMF Chief Must 'Continue Along The Reform Path'

Project Syndicate | Joseph E. Stiglitz | Posted 08.03.2011 | Business

NEW YORK – Sooner than expected, the International Monetary Fund will have a new managing director. For more than a decade, I have criticized the Fu...

India's Stingy Definition Of Poverty Excludes Millions In Need

AP | MUNEEZA NAQVI | Posted 07.27.2011 | Impact

NEW DELHI — Every day, through scorching summers and chilly winters, Himmat pedals his bicycle rickshaw through New Delhi's crowded streets, ear...

Remittances Rebound But Pressures Persist

Otaviano Canuto | Posted 07.26.2011 | World
Otaviano Canuto

Remittance flows are sometimes the most important source of income that families in developing countries can rely on. Unless the transfer costs can be reduced, their impact on reducing poverty will not reach its full potential.

"We Will Not Eat if it Means Payment For Education"

Vivian Glyck | Posted 07.25.2011 | Impact
Vivian Glyck

Envision the children of Uganda with bellies and minds full. The reality of this vision can lift entire communities up and out of the cycle of poverty.

Peter S. Goodman

DSK Replacement Should Come From Developing World | Peter S. Goodman | Posted 07.23.2011 | Business

We simply need the institutions that govern the world's money to be representative of the world's people. Yet the way the Dominique Strauss-Kahn episode has been absorbed by the power centers reflects a tendency to accept the sorts of assigned roles the IMF and the World Bank generally view people outside the most powerful countries as: cheap hands to be exploited, miserable wretches to be pitied and perhaps aided or, most of the time, rounding errors on the ledger books of a global economy.

An American Woman Expat's View on Strauss-Kahn

Vivian Norris | Posted 07.23.2011 | World
Vivian Norris

A real man can control himself and a real woman knows her own power does not come from being seductive. But until adults start acting like adults and the Machiavellian nonsense behind the scenes stops, we are going to keep heading in the wrong direction.

Managing Economic Policy in a Multipolar World

Otaviano Canuto | Posted 07.19.2011 | Business
Otaviano Canuto

It's no secret that current account imbalances exist around the world. In many cases, these imbalances may be benign and merely reflect market-driven ...

Brazil´s Biofuel Drama Goes Global

Eric Ehrmann | Posted 07.18.2011 | World
Eric Ehrmann

Brazil's biofuel drama is a reminder that solutions packaged in green wrappers fail to scale with billions facing starvation in the Americas, Africa and Asia.

World Bank Predicts An End To The Dollar's Dominance

The Huffington Post | Maxwell Strachan | Posted 05.25.2011 | Business

The world economy, so long defined by the dominance of a few advanced countries, has entered a period of "transformative change," according to a new r...

South-South Trade Is the Answer

Otaviano Canuto | Posted 07.11.2011 | World
Otaviano Canuto

In the recovery from the 2008 financial crisis, South-South trade is becoming a powerful engine for economic opportunity.

The Day After Tomorrow: A Different Kind of Trade

Otaviano Canuto | Posted 07.11.2011 | World
Otaviano Canuto

Over the past three decades, global trade grew almost twice as fast as GDP. This allowed many developing countries to lift hundreds of millions of people out of poverty.

Aleem Walji of the World Bank Institute's Innovation Team on the Future of International Development

Rahim Kanani | Posted 07.06.2011 | Business
Rahim Kanani

Walji and I discussed the intersection between innovation and development, the future of social enterprise, current initiatives and efforts underway in the Innovation Practice, and much more.

In Honor of Mother's Day, Here's One Petition Every Mother Should Sign

Kristi York Wooten | Posted 07.06.2011 | Impact
Kristi York Wooten

A new promotional video released last week by the non-partisan anti-poverty organization ONE raises some important questions about Americans' view of foreign assistance in the developing world.

Global Capitalism Is Destroying the Middle Class, Say the Global Capitalists

James P. Hoffa | Posted 07.06.2011 | Business
James P. Hoffa

Some of the most trusted institutions in the world are finally awakening to the dangers of unrestrained global capitalism.

What Will It Take to Confront the Global Crises?

Vinod Thomas | Posted 06.20.2011 | World
Vinod Thomas

This blog is co-authored by Sanjay Pradhan, Vice President, World Bank Institute. Three interlinked global crises -- food, economic, climate -- were ...