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World Bank

Michael Bloomberg Turned Down An Offer To Run The World Bank

Posted 06.04.2012 | Business

Michael Bloomberg's anti-soda crusade could have gone global. Last year, when then-World Bank president Robert Zoellick decided to step down, Pres...

Diamonds May Be Forever, Natural Resource Wealth Is Not

Otaviano Canuto | Posted 07.30.2012 | World
Otaviano Canuto

As we and others have argued in the past, the misallocation and mismanagement of natural resource wealth are often associated with weak governance at the domestic level.

World Bank to Fund Destructive Dam Through the Backdoor?

Peter Bosshard | Posted 07.23.2012 | Green
Peter Bosshard

On June 21, the World Bank is expected to submit to its Board of Directors a credit of $684 million for a 1,000-kilometer-long transmission line from Ethiopia to Kenya. Strong evidence links this transmission line to the Gibe III Dam.

Distorted Prices in Commodity Markets

Otaviano Canuto | Posted 07.23.2012 | World
Otaviano Canuto

Take the case of the upsurge of export barriers in response to rising world prices of food staples. While a particular country might put in place such a barrier to keep food at home and prices low, the effects in importing countries are negative.

New World Bank President Needs to Make Infrastructure Work for the Poor

Peter Bosshard | Posted 07.21.2012 | World
Peter Bosshard

The World Bank should shift its ample resources -- its lending, guarantees, technical assistance and policy advice -- from the top-down projects of the past to the bottom-up solutions of the future.

Prey Lang: A Forest on the Brink of Destruction (PHOTOS)

Mathieu Young | Posted 05.20.2012 | Green
Mathieu Young

We stayed in the forest homes of members of the Prey Lang Network, a grassroots association of villagers risking their lives to try and slow the destruction of their forest.

World Bank Group President-Elect Jim Yong Kim: Tackling the World's Troubles

Lonna Saunders | Posted 07.15.2012 | Chicago
Lonna Saunders

As Dartmouth's outgoing president, World Bank Group President-Elect Jim Yong Kim stressed the importance of interdisciplinary research. The need for students to engage with the rest of the world. To push beyond their comfort zone.

A Cautious Celebration for Kim

Alex Cobham | Posted 07.08.2012 | World
Alex Cobham

Now the dust has settled, let's celebrate the race for the World Bank presidency. We had the highest quality field in history and a winner who just might manage to refocus the institution on the dominant challenge of development today: inequality.

Banking With Ideas

Mahmoud Mohieldin | Posted 07.02.2012 | Business
Mahmoud Mohieldin

Today's world has no shortage of development challenges. The good news is that there is also no shortage of ideas for solving them.

A Human Rights Agenda for the World Bank's New President

Jessica Evans | Posted 06.27.2012 | World
Jessica Evans

As the World Bank's new president, Jim Yong Kim has the opportunity to lead the Bank into a new era by using its voice and resources to bridge the false divide between human rights and development.

Asking the Right Questions: What Should New World Bank President Focus On?

John Sullivan | Posted 06.26.2012 | World
John Sullivan

How has the unique economic history of different countries shaped them, what is it like to do business there now because of that legacy, and what lessons can they learn from other countries with a similar background?

Less Poor but More Unequal

Otaviano Canuto | Posted 06.25.2012 | World
Otaviano Canuto

Debates over inequality -- and the role governments should play -- have polarized political and economic debates. How much should inequality matter or weigh in policy making?

Why Everyone Should Celebrate Jim Yong Kim's Election as President of the World Bank

Leslie Gerwin | Posted 06.25.2012 | World
Leslie Gerwin

This is a moment for Americans to recognize what Dr. Kim's work teaches us -- economic health depends upon healthy people and healthy communities.

American Idol Fans and African Preschoolers: A Winning Team

Carolyn S. Miles | Posted 06.24.2012 | Impact
Carolyn S. Miles

American Idol fans can take a bow. Thanks to them, African preschoolers will be poised to step out on the stage of school and life, and shine.

Crime Actually Does Pay

Reuters | Posted 06.23.2012 | Business

* Criminal business one of the world's largest - U.N. * Threatens international development goals * Crime groups showing...

International Stolen Asset Recovery As a Development Issue -- A World Bank President's Legacy?

Mark V. Vlasic | Posted 04.21.2012 | World
Mark V. Vlasic

While future commentaries will chronicle Robert B. Zoellick's acts and deeds, it is worth pausing, this weekend, as he completes his last major world forum as president, to recall the initiative he launched at his first major world forum.

Emerging Markets Lead in Job Recovery

Otaviano Canuto | Posted 06.18.2012 | World
Otaviano Canuto

So far, from Brazil to Russia and from China to South Africa, labor markets have proven resilient to sluggish GDP growth. But there is no better ally of employment than strong, dynamic and inclusive growth. We are still far away from getting that.

Am I the Native Under Your Magnifier? I Need a Job, Not a Dissection!

Amina Semlali | Posted 06.18.2012 | World
Amina Semlali

Youth in the Middle East and North Africa need to succeed in a "double transition": first, they need to obtain relevant skills and credentials that make them employable, and second, they have to find a job in a notoriously non-meritocratic labor market.

The New World Bank President's First Night

Carl Pope | Posted 06.17.2012 | Green
Carl Pope

The kinds of "big" development schemes that come most easily to the World Bank often bring with them nominal increases in gross domestic product, but only do so by degrading natural and community systems on which billions of people depend.

World Bank Taps Obama Nominee As New Leader

AP | MARTIN CRUTSINGER | Posted 06.16.2012 | Business

WASHINGTON — Jim Yong Kim, an American who is president of Dartmouth College, has been chosen to be the next president of the World Bank. His se...

Kenyan Dam Fighter to Receive Goldman Prize

Peter Bosshard | Posted 06.16.2012 | Green
Peter Bosshard

Ikal Angelei receives the prestigious Goldman Environmental Prize today. She is defending the interests of 500,000 poor indigenous people against a destructive hydropower dam, and has successfully taken on many of the world's biggest dam builders and financiers.

The U.S. Just Got A Little Bit Closer To Getting Its Way In World Bank Race

Reuters | Posted 06.13.2012 | Business

* Colombia's Ocampo withdraws from World Bank contest * U.S. nominee Jim Yong Kim likely winner * Russia...

Putting Women on the Agenda in Cartagena

Amanda Klasing | Posted 06.13.2012 | World
Amanda Klasing

Several weeks ago, I was in Cartagena speaking with women who have suffered unspeakable acts of violence mere miles from where the region's heads of state will gather in lavish style.

Transformative Development: How Jim Yong Kim Might Change the World Bank

Matthew Kavanagh | Posted 06.13.2012 | World
Matthew Kavanagh

Jim Kim represents a break from the past -- as both his supporters and detractors agree -- and would surely steer the World Bank in new directions.

Collaborative Border Management: A New Approach to an Old Problem

Otaviano Canuto | Posted 06.06.2012 | Business
Otaviano Canuto

Tough decisions are needed on where to spend limited resources to pursue border management reform. To this end, a well defined business case -- weighing costs and benefits -- needs to be prepared.