We know that the end of the era of impunity for corrupt leaders may not come today, tomorrow or the next day, but collaborative endeavors reflect the international community's will to curb economic abuse and support critical national-led efforts to promote good governance and fight corruption.
Be prepared for bad news from Europe for the rest of the year. German Chancellor Angela Merkel is being asked to represent her country, and Europe as a whole. She simply cannot do both.
Last Friday was Robert B. Zoellick's last day as president of the World Bank Group. While he may leave many legacies behind, perhaps one that stands out is embodied in his commencement address for RAND Graduate School: "Getting Stuff Done."
LONDON, June 16 (Reuters) - Developing nations must be ready for a severe global financial crisis should the euro zone fail to cope with its current...
While future commentaries will chronicle Robert B. Zoellick's acts and deeds, it is worth pausing, this weekend, as he completes his last major world forum as president, to recall the initiative he launched at his first major world forum.
The fact that so many countries are graduating from World Bank lending is something to celebrate. So should the organization declare victory and close up shop? The answer, unfortunately, is no.
The second wave of global economic crisis is going to start hitting poor countries very hard, very soon. The World Bank needs to be fit for purpose and geared to respond with credible, legitimate leadership in place.
The next president of the World Bank ought to be selected carefully and in an open and transparent manner. It is January now and the next president should be selected before June 30 when Robert Zoellick's term ends.
Even though Obama's jobs plan is "bolder and better" than Paul Krugman expected, the Nobel-Prize winning economist still told Bloomberg Television on ...
During the past two years of the financial crisis, the World Bank has been a global player. The challenge now is to connect global and country actions, harness innovation across a broad front, and promote a development path that is more sustainable.
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.
Gold has been having a great run lately. On Nov. 9, it closed at a record high of $1409.80 per ounce. It's being hoarded as the only safe bet in a wor...
Cancún, Mexico - As climate change increases, the World Bank is stepping up its funding for developing nations. On the agenda at this year's COP 16, ...
Senator Mark Kirk, who won President Obama's Senate seat, is the only Senator who has been on the staff of the World Bank Group. In the broadcasted Q...
The World Bank on Thursday launched a program to help nations put a value on nature just like GDP in a bid to stop the destruction of forests, wetland...