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World Bank

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...

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

HuffingtonPost.com | 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.