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Measuring Wealth to Track Sustainability
The new edition of the World Bank’s Little Green Data Book, released on World Environment Day 2014, includes a new indicator called change in wealth per capita for more than 200 countries. The World Bank Group has adopted change in
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African Leaders, Business Community Push for Financing of Priority Regional Infrastructure Projects
Across Sub-Saharan Africa, poor infrastructure is a major bottleneck for sustainable development Signaling a new push and renewed commitment, the Dakar Financing Summit is focusing on regional infrastructure with a view to boosting investment and catalyzing greater cooperation By tackling
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Shift to Solar Power Raises Incomes for Salt-mining Families in India
Example of sustainable energy future moves delegates at UN Forum. Sustainable Energy for All leaders outline financing plan to achieve goals by 2030. “We are on our way to realize ambitious energy agenda,” says World Bank President Jim Yong Kim
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World Bank Group: A Promising New Resource for Development – The Potential of Sovereign Wealth Funds
Mobilizing finance for long-term, large-scale direct investment in development is a daunting global challenge. However, a growing and potentially vast source of capital seems poised to transform the process of financing development, reducing poverty and building shared prosperity in some
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China’s Growth Moderates with Continued Economic Transformation
China’s growth will moderate over the medium term as the economy continues to rebalance gradually. Growth is expected to slow to 7.6 percent in 2014, and 7.5 percent in 2015, from 7.7 percent in 2013, according to the World Bank’s China
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World Bank Continues Support to Improve Vietnam’s Competitiveness with US$250 Million Credit
The World Bank’s Board of Executive Directors today approved a US$250 million credit to the Government of Vietnam for the Second Economic Management and Competitiveness development policy operation (EMCC-2) to support the Government’s economic management reforms to enhance the country’s
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World Bank Supports SME Development with Focus on Financial Reporting in Europe and Central Asia
Ministers of Finance, business leaders, accounting professionals, and academics from Europe and Central Asia, together with representatives of the World Bank and key EU and international institutions in financial reporting and auditing, met today in Vienna for the 5th Ministerial Conference of
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Turkey’s Public Finances: Time for a Fiscal Policy Pivot?
New World Bank report recommends shift to more sustainable growth model. The World Bank today launched a new report, Turkey in Transition: Time for a Fiscal Policy Pivot?, at a conference held in Ankara in partnership with the Ministry of Finance and
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World Bank Group President Jim Yong Kim to Visit Saudi Arabia, Lebanon and Jordan
World Bank Group President Jim Yong Kim, will visit Saudi Arabia, Lebanon, and Jordan from June 1-4, to focus on the challenges and opportunities facing the Middle East and North Africa (MENA) region and underscore the Bank’s commitment and support. This
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Paul Krugman: A Plea for a Return to Basics in Finance
Author of no less than twenty books, over 200 scholarly essays in peer-reviewed academic journals and more than 750 articles as a columnist, Nobel laureate Paul Krugman is not one to hide his mostly liberal opinions. As an economist, Mr
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