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World Bank

Trade Finance and the Financial Crisis

Otaviano Canuto | Posted 11.28.2011 | Impact
Otaviano Canuto

As the 2008-9 financial crisis spread from its epicenter in the United States to the rest of the world, policy makers found themselves in uncharted wa...

Climate Financing Paper Targets Fossil Fuel Subsidies

AP | By ARTHUR MAX | Posted 11.21.2011 | Green

AMSTERDAM -- Global financial institutions are recommending raising money to fight climate change by trimming subsidies for fossil fuels, putting a pr...

World Bank Hydro Project Exposes Blatant Abuse of Climate Funds

Peter Bosshard | Posted 11.20.2011 | Green
Peter Bosshard

If the World Bank and an Indian power utility have their way, the Rampur hydropower project in Northern India will increase global CO2 emissions by 15 million tons, at a cost of $164 million to unsuspecting energy consumers in Sweden.

Women Hold Just One Percent Of The World's Wealth: World Bank

WSJ | Posted 11.19.2011 | Business

By Sudeep Reddy of the Wall Street Journal The World Bank’s latest World Development Report, which focuses on gender equality around the world, o...

The World Bank Still Can't Quit Dirty Coal

Mary Anne Hitt | Posted 11.15.2011 | Green
Mary Anne Hitt

Coal plants don't come dirtier than the Soviet-era relics currently in operation in Kosovo. Despite the terrible pollution these plants spew, the World Bank has decided the only option for this young country is to lock in more of it.

Economic Integration: A Quasi-Common Economy Approach

Otaviano Canuto | Posted 11.14.2011 | World
Otaviano Canuto

Is there a way other regions can reap the benefits of integration, in the absence of supranational governance?

World Bank President To Major Economies: 'Time For Muddling Through Is Over'

Posted 11.14.2011 | Business

(Lesley Wroughton) - The head of the World Bank said Wednesday the world had entered a new economic danger zone and that Europe, Japan and the Uni...

How To Prevent Economic Crises

Bloomberg | Sylvia Nasar | Posted 11.13.2011 | Business

Unlike the movies, life rarely permits second takes. But the Second World War gave John Maynard Keynes, the patron saint of government activism, and F...

Who SEZ One Size Fits All?

Otaviano Canuto | Posted 11.09.2011 | World
Otaviano Canuto

Various policy objectives have motivated the creation -- and exponential expansion -- of SEZs around the world. However, such successes have not been universal or without controversy in the past, nor are they guaranteed in the future.

The Search for Gaddafi's Assets: How Libya and the Arab Spring Have Renewed the Global Fight Against Corruption

Mark V. Vlasic | Posted 09.08.2011 | World
Mark V. Vlasic

In many ways, what happens next in Libya's asset recovery efforts may be monitored, critiqued and studied by governments, scholars, activists, and dictators alike.

Credit Ratings Matter for Those Who Need Them Most

Otaviano Canuto | Posted 10.18.2011 | World
Otaviano Canuto

Think of what would happen if you lived in one of the 58 developing countries that remain unrated by Standard & Poor's, Moody's and Fitch. You would have very limited access to capital and investment, and the cost of borrowing would be significantly higher.

The Development Agenda and the World Bank

Vinod Thomas | Posted 10.12.2011 | World
Vinod Thomas

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.

Associated Press: America Is Dead -- Funeral Plans Under Debate

Mark Steinberg | Posted 10.08.2011 | Comedy
Mark Steinberg

It was announced today that the United States of America, also known as the U.S., U.S.A. and the U.S. of A., died during the last week of August 2011 ...

What Can the Horn of Africa Do in the Face of Severe Droughts?

Vinod Thomas | Posted 10.04.2011 | World
Vinod Thomas

Given the unfortunate recurrence of droughts in the Horn of Africa, there is urgency in investing and maintaining drought resilient agriculture and agribusiness.

As Debt Talks Crescendo, Let's Not Give the World Bank a Free Ride

Michelle Chan | Posted 10.01.2011 | Green
Michelle Chan

You would think that the Obama administration and Congress would want to make sure that the money they spend is spent wisely. That certainly doesn't appear to be the case when it comes to the World Bank Group.

World Bank Chief: U.S. 'Playing With Fire' In Debt Ceiling Debate

Posted 09.28.2011 | Business

WASHINGTON (Lesley Wroughton) - The United States is courting calamity with the continuing stalemate in Congress over raising the country's debt l...

The World Bank as Convener First, Lender Second?

Dennis Whittle | Posted 09.26.2011 | Impact
Dennis Whittle

A small innovation team from the World Bank had decided to launch the first-ever Innovation Marketplace to allow bank staffers to propose ideas for helping the bank fight poverty.

Gender and Trade

Otaviano Canuto | Posted 09.26.2011 | World
Otaviano Canuto

Adopting a gender-informed perspective can improve the effectiveness of many initiatives -- not least of all those aimed at promoting trade.

Stolen State Money: Trillions Lost Annually, Only Billions Have Been Recovered

Corbin Hiar | Posted 09.24.2011 | World
Corbin Hiar

The uprisings of the Arab spring have brought renewed attention to long-standing accusations that kleptocratic regimes throughout the Middle East have plundered their nations' assets. But recovering those assets remains a daunting challenge.

Reading the World in a Loaf of Bread

Christian Parenti | Posted 09.18.2011 | World
Christian Parenti

In much of the world, that daily loaf of bread often stands between the mass of humanity and starvation. If recent upheavals were not "resource conflicts" in the formal sense of the term, think of them at least as bread-triggered upheavals.

Multiple Crises Call for Multifaceted Actions

Vinod Thomas | Posted 09.14.2011 | World
Vinod Thomas

The financial, food and fuel crises as well as climate-related disasters have dominated the global stage in the past five years. Unless we recognize the interconnectivity among these events, responses will likely remain inadequate.

Play, Policy, and Tree Planting: How Gaming Is Changing the World

Nicole Skibola | Posted 08.29.2011 | Impact
Nicole Skibola

Games, as a medium for social change, reflect a shift in thinking about human behavior and happiness.

Wyoming House Acts As Business Haven For 2,000 Companies

Posted 08.28.2011 | Business

CHEYENNE, ATLANTA (Kelly Carr and Brian Grow) - The secretive business havens of Cyprus and the Cayman Islands face a potent rival: Cheyenne, Wyom...

World Bank Will Provide $1 Billion For Insurance In Mideast Investment

Posted 08.27.2011 | Business

WASHINGTON - The World Bank's political risk guarantee agency said on Monday it would mobilize about $1 billion for insurance coverage for countri...

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...