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World Bank

Wrong Time for Congo Debt Forgiveness

Kerry Kennedy | Posted 05.25.2011 | World
Kerry Kennedy

Given the recent murder of Congolese human rights activist Floribert Chebeya, we should delay debt relief for the DRC pending an independent investigation, a delivery of justice and an improvement of the human rights situation.

Navigating the maze to peace

Nicholas van Praag | Posted 05.25.2011 | World
Nicholas van Praag

This guest post was written by World Bank Chief Economist and Senior Vice President Justin Yifu Lin and originally appeared on the World Development R...

Jordan's Media Fails in Times of Economic Difficulties

Daoud Kuttab | Posted 05.25.2011 | World
Daoud Kuttab

The government has recently taken some tough and painful economic policies. The media, for the most part, have been either silent or supportive, with a few voices of opposition here and there.

UN Says Poor Nations On Track To Cut Poverty

AP | EDITH M. LEDERER | Posted 05.25.2011 | Impact

UNITED NATIONS — The global economic crisis has slowed the fight against poverty but the developing world is still on track to meet a key U.N. g...

Making the International Monetary Fund Accountable to Human Rights

Radhika Balakrishnan | Posted 05.25.2011 | World
Radhika Balakrishnan

Many of the policies required by the IMF -- in particular the conditionalities attached to loans -- imply that governments receiving IMF loans may have to violate their economic and social rights obligations.

A Hopeful Election in Guinea

Robert Amsterdam | Posted 05.25.2011 | World
Robert Amsterdam

At a moment in which the tide of global democracy is seemingly in reversal, it is heartening to note the enthusiasm with which many voters in Africa a...

US Senate, Bill Gates Give Planet a Middle Finger for Earth Day

Jill Richardson | Posted 05.25.2011 | Politics
Jill Richardson

Mother Nature does not work like a market: simply put, the world cannot shift to diets based on grain-fed meat.

Does Corruption Create Poverty?

Walden Bello | Posted 05.25.2011 | World
Walden Bello

The "anti poverty, anti-corruption" crusades that so enamor the middle classes and the World Bank will not meet the challenge of poverty. Bad economic policies create and entrench poverty.

Shattering Glass Walls at the Multilateral Development Banks

Janet Ranganathan | Posted 05.25.2011 | Green
Janet Ranganathan

The development and environment communities must stop viewing their goals as separate or even at odds with each other.

Dancing With Davos: The World Bank and the IMF

Eric Ehrmann | Posted 05.25.2011 | World
Eric Ehrmann

The good guys are the free marketeers who reform, redesign and rebuild civilization at the World Economic Forum.

Abandoning Justice for Power in South Africa

Michelle Chen | Posted 05.25.2011 | World
Michelle Chen

In a country that has broken so much ground for global human rights, the hurdle of climate justice remains insurmountable.

Unlocking World Bank Resources

Ben Leo | Posted 05.25.2011 | World
Ben Leo

2010 will be a very challenging and important year for global development. Nearly every multilateral development bank simultaneously has requested bil...

Haiti Offers Opportunity to Begin New Era for U.S. Foreign Assistance

Samuel A. Worthington | Posted 05.25.2011 | World
Samuel A. Worthington

The end goal should be a new era for foreign assistance; one that does not rely on Cold War-era rationales. Still, though, the window to enact lasting change is closing.

Haitians Don't Deserve Our Sympathy

Michael Fairbanks | Posted 05.25.2011 | World
Michael Fairbanks

Everyone in these Haiti meetings in Miami, Washington, and New York has a heart for the poor, but do they also have a mind for the poor?

South Africa Needs Energy for Jobs and Economic Growth

Bjorn Stigson | Posted 05.25.2011 | World
Bjorn Stigson

The need for traditional sources of energy for growth in developing countries combined with the ambitions to reduce global carbon emissions presents the world with a dual challenge.

Third World Term Should Be Retired, Says World Bank Head

AP | Posted 05.25.2011 | World

WASHINGTON — The head of the World Bank says it is time to stop using the term "Third World" to refer to developing countries and recognize they...

World Bank Awards $3.75 Billion to Coal Company in South Africa

Erich Pica | Posted 05.25.2011 | World
Erich Pica

What would you do with $3.75 billion -- that is, if you had to use it to fund a project that alleviates poverty and mitigates climate change, and not to, say, purchase a personal tropical island?

Africa's Toughest Challenge Is About to Enter Overtime

Stephan B. Tanda | Posted 05.25.2011 | World
Stephan B. Tanda

Huge sums of money have been spent getting South Africa ready for the World Cup. If only the rich world saw the investment potential to bring the disadvantaged out of extreme poverty and hunger.

The World Cup: Lessons from South Africa's Transition

Nicholas van Praag | Posted 05.25.2011 | World
Nicholas van Praag

Amidst the cheers at the World Cup kick-off on Friday we should not forget the sheer power of sport in South Africa's history.

World Bank to Fund Giant New South African Coal Plant

Mother Jones | Kate Sheppard | Posted 05.25.2011 | Green

The World Bank yesterday approved a $3.75 billion loan to South African public utility Eskom to fund what will become the world's seventh-largest coal...

World Bank Needs to do Better on Energy Sector Investments Post South African Coal Project

Jake Schmidt | Posted 05.25.2011 | Green
Jake Schmidt

We support the efforts of developing countries to alleviate their energy poverty, but dirty coal power is not the pathway to a sustainable economy. The World Bank must do much more to help.

World Bank Vote Gives Billions to Coal

Bruce Nilles | Posted 05.25.2011 | Green
Bruce Nilles

There is bad news for clean energy and our planet today, as the United States fails to follow its own global warming guidelines.

Unemployment May Be Contagious, Study Finds Link To Friendships

Huffington Post | Nathaniel Cahners Hindman | Posted 05.25.2011 | Business

If you're unemployed, and your friends are also unemployed, here's the first step to finding a job: find new friends. According to a study (hat tip t...

Senator Bayh's Long Bye Bye

Sunil Chacko | Posted 05.25.2011 | Politics
Sunil Chacko

Sill Senator Bayh re-introduce his Bayh Amendment or just disappear into the night with that whole sorry episode forever as an albatross around his proverbial neck?

Haiti: Stuck in a Trap

Richard Morse | Posted 05.25.2011 | World
Richard Morse

Haitians aren't living in tent and bed sheet cities because there was an earthquake on January 12. This is the lifestyle one gets used to when elites and the Delatour/Preval lobby machine run the economy.