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World Bank

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.

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 ...

Andrea Stone

Former World Bank Chief: Gordon Brown Should Be Next Head Of IMF

HuffingtonPost.com | Andrea Stone | Posted 06.20.2011 | World

WASHINGTON -- A former head of the World Bank waded into a public row between Britain’s last and current prime ministers over who should be the next...

The Urgency of Curbing Global Food Price Volatility

Tom Arnold | Posted 06.19.2011 | World
Tom Arnold

There is no simple solution to the food crisis. What's needed is a combination of carefully chosen and calibrated short and long term measures.

IMF Nations Discuss 'Significant Risks' Of Rising Global Food Prices

Posted 06.17.2011 | Business

WASHINGTON (Lesley Wroughton and Isabel Versiani) - International Monetary Fund member countries sought to bridge sharp differences over the global ...

World Bank, I.M.F. Unsure Of Solution To Middle East Inequality

New York Times | BINYAMIN APPELBAUM | Posted 06.15.2011 | Business

WASHINGTON — The World Bank once hailed Tunisia’s economic reforms, noting the country’s increasing prosperity over the last decade. Official...

Emerging Economies Summit Could Shuffle Global Power

AP | By CHRISTOPHER BODEEN | Posted 06.13.2011 | Business

BEIJING -- The leaders of the world's largest emerging economies gather this week in southern China for what could be a watershed moment in their ques...

Picking up the Pieces

Otaviano Canuto | Posted 06.11.2011 | World
Otaviano Canuto

For the 600 million people living in fragile and conflict affected economies, the threat of relapsing into violence and slipping into deeper poverty i...

World Bank Doesn't Belong at the Green Climate Fund's Drawing Table

Janet Redman | Posted 06.07.2011 | Green
Janet Redman

The Green Climate Fund should remain fully independent from the World Bank. Its design committee should engage experts from UN agencies and all regions of the world.

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.