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World Bank

Rwanda Rises: A Lesson in Hope

Francine LeFrak | Posted 06.05.2011 | World
Francine LeFrak

Let's face it, our world has seen better days. Take a look at the newspaper on any given day and you'll find enough tragedy and disaster to send you s...

Greece: Never on a Sunday But Bail Us Out on Monday? Defeat or Development

Vanessa Andris | Posted 05.31.2011 | World
Vanessa Andris

Are you a tourist with tons of money you would like to spend while on vacation in Greece -- happy to help the struggling economy and come home with something special? Well, if it's Sunday, you can forget it.

Money Can't Buy Equality

Otaviano Canuto | Posted 05.30.2011 | World
Otaviano Canuto

Conventional wisdom suggests that growth is sufficient for poverty reduction and social progress, but is this the case in South Asia? Perhaps not.

Climate Funds to Underwrite the World Bank's Love Affair With Big Dams?

Peter Bosshard | Posted 05.29.2011 | Green
Peter Bosshard

Small, decentralized renewable energy projects such as wind, small hydropower and geothermal power plants provide a win-win solution for poverty reduction and resilience to climate change.

Macro-Disasters

Otaviano Canuto | Posted 05.29.2011 | World
Otaviano Canuto

Over the past 10 years more than 2.6 billion (yes, billion with a "B") have been affected by natural catastrophes, compared with 1.6 billion in the previous decade. Why the drastic increase?

Big Coal WikiLeaks Emergency in Bangladesh: Does Obama Support Removal of 100,000 Villagers?

Jeff Biggers | Posted 05.25.2011 | Green
Jeff Biggers

Many are questioning why the Obama administration is covertly pushing for Bangladesh to reverse course and acquiesce to an internationally condemned open-pit mine that will displace an estimated 100,000-200,000 villagers.

World Bank: We Must Rethink Our Role In The Middle East

Reuters | Lesley Wroughton | Posted 05.25.2011 | Business

WASHINGTON (Reuters) - The World Bank is rethinking its role in the Middle East and North Africa to tackle economic and social problems that spark...

Whither the U.S. Dollar

Otaviano Canuto | Posted 05.25.2011 | World
Otaviano Canuto

Is the U.S. dollar really doomed? Many voices are now proclaiming the eventual demise of the dollar. But not so fast -- there is room for more than one international currency.

Moody's Pushes Egypt Deeper Into Junk Status

AP | TAREK EL-TABLAWY | Posted 05.25.2011 | Business

CAIRO — Moody's Investor's Service pushed Egypt's sovereign bond rating deeper into junk status on Wednesday, the latest symptom of uncertainty abou...

Geithner and the Post-WWII Utopian Vision

Michael Likosky | Posted 05.25.2011 | Business
Michael Likosky

Yesterday, Treasury Secretary Timothy Geithner laid out the case for increasing our financial commitments to the World Bank and its sibling regional development banks.

Geithner: U.S. Must Help 'Nurture' Emerging Markets

Posted 05.25.2011 | Business

WASHINGTON (By Glenn Somerville and Lesley Wroughton) - U.S. Treasury Secretary Timothy Geithner urged lawmakers on Wednesday to approve capital ...

Inclusive Growth: From Desirable to Essential

Vinod Thomas | Posted 05.25.2011 | World
Vinod Thomas

The concern for inclusive growth, or a growth pattern that includes all income strata, is not new. What is different is the nascent realization that without it, sustained growth will not be possible in the future.

The Day After Tomorrow: Commodities And Uncomfortable Natural Riches

Otaviano Canuto | Posted 05.25.2011 | World
Otaviano Canuto

Commodity prices are experiencing a lot of volatility right now, with food and oil prices nearing record highs. But what about the medium-term? The an...

A Marshall Plan for the Middle East?

Glenn Hubbard | Posted 05.25.2011 | Business
Glenn Hubbard

All prosperous countries of the world got that way not through government infrastructure, food aid, or NGO projects, but through the growth of a domestic business sector.

Universal Principles in Revolutionary Times

Nicholas van Praag | Posted 05.25.2011 | World
Nicholas van Praag

The uprisings in the Middle East suggest that people want the whole package. Not just their civil and political rights. Economic and social opportunities too.

How Human Rights Have Contributed to Development

Otaviano Canuto | Posted 05.25.2011 | World
Otaviano Canuto

The global push to reduce poverty and malnutrition is a great example where we increasingly draw insights from both development and human rights.

Rwanda: Healing the Scars of Genocide

David Weiss | Posted 05.25.2011 | World
David Weiss

As you pass through the country, it is hard to imagine that these same streets in this country the size of Hawaii were the scene of one of the worst human slaughters of the late 20th century.

The Poor Are Paying the Price of the Food Cost Spike

Otaviano Canuto | Posted 05.25.2011 | World
Otaviano Canuto

The recent hike in food prices is bringing food costs near the dangerous levels of 2008, creating enormous vulnerabilities in developing countries.

Climate Change and the Food Crisis: Issues and Solutions

Vinod Thomas | Posted 05.25.2011 | World
Vinod Thomas

Food prices hit record highs in January, sparking fears of a new global food crisis. One cause is the neglect of agriculture. But there is another, more ominous cause as well.

Food Prices Push 44 Million Into Poverty: World Bank

Posted 05.25.2011 | Business

WASHINGTON -- Rising global food prices has pushed an estimated 44 million more people into extreme poverty in developing countries over the past eig...

Delivering Aid Differently

Otaviano Canuto | Posted 05.25.2011 | World
Otaviano Canuto

In the future, the new realities of the aid environment need to be confronted head on. Any meaningful institutional changes must target aid impact and reach.

How Public Spending Can Help Countries Grow

Otaviano Canuto | Posted 05.25.2011 | World
Otaviano Canuto

Beyond the epicenter of the economic crisis -- the US and Western Europe -- public spending has had an indeterminate effect on spurring GDP growth in developing countries.

How Blended Learning Will Change the World

Tom Vander Ark | Posted 05.25.2011 | Education
Tom Vander Ark

Nearly half of the world's population is under the age of 25; that means more than 3 billion people. Over 500 million youth live on less than $2 per d...

The Day After Tomorrow: Macro-Financial Policy Catches Up With Reality

Otaviano Canuto | Posted 05.25.2011 | World
Otaviano Canuto

The search for financial stability, through regulatory or macroeconomic policy, is just beginning. Should developing countries wait for new global standards to emerge, or tailor their own regulatory strategies?

How Do Women Weather Economic Shocks?

Otaviano Canuto | Posted 05.25.2011 | World
Otaviano Canuto

Macroeconomic shocks traditionally affect women differently than men. But how do these gender-differentiated impacts unfold?