Tag "worldbank"
Back to homepage
World Bank on Sustainable Recovery: The Need for Long-Term Financing
The COVID-19 pandemic is affecting every country’s health system and economy to a degree not seen for a century or more. In developing countries, mounting an adequate response to address these simultaneous shocks has created fiscal challenges, especially for those
Read More
World Bank: Pandemic Recovery is an Opportunity to Step Up Climate Change Action in Europe and Central Asia
2021 needs to be the year that climate change urgency truly entered the collective consciousness and lasting action followed. In the same way the effects of climate damage are often described as irreversible, so too is the movement calling for
Read More
IFC’s Blended Finance Department: Blending Public and Private Finance to Invest in Challenging Markets
What can be done to encourage more private investment in developing countries, especially the poorest and most fragile? This question lies at the heart of the development challenge today. Governments and development institutions alike recognise that the private sector is
Read More
World Bank Vice President for Europe and Central Asia: Interview with Anna Bjerde
Congratulations with your Mayday promotion as World Bank Vice President for Europe and Central Asia. Are you excited to lead the World Bank’s strategic, analytical, operational and knowledge work in the region? Thank you! I am delighted to be returning
Read More
World Bank Readies $160 Billion Emergency Aid Package
World Bank President David Malpass has joined IMF Managing Director Kristalina Georgieva in urging bilateral creditors to extend debt relief to poor countries struggling to cope with the corona virus. “Many countries will need debt relief. This is the only
Read More
Business in Times of Corona: World Bank and IMF Ready to Assist Low- and Middle-Income Countries
As concerns grow over the impact of the pandemic on less resilient economies, multilaterals such as the World Bank Group (WBG) and the International Monetary Fund (IMF) are readying and deploying emergency response packages. Earlier this week, Kenya received a
Read More
World Bank on Social Protection in Africa: Can Safety Nets Close the Poverty Gap in Burkina Faso and Ensure Family Welfare?
With focused and courageous policy decisions, Burkina Faso’s government can cover the country’s poor with an effective and efficient safety net. This end is achievable simply by realigning and better targeting existing expenditures. The reallocation of energy subsidies that mainly
Read More
World Bank on Social Protection in Africa: Burkina Faso Mobile Childcare Scheme Could Transform Public Works
Children put to sleep on the ground, exposed to sun, wind and rain near dangerous construction sites – while their mothers work. Women without childcare facilities are falling ever deeper into poverty. Their children are missing school and sometimes watching
Read More
Otaviano Canuto, World Bank: Making Returns on Knowledge – How Innovation Can Flow from Globalisation
The April issue of the International Monetary Fund’s World Economic Outlook (WEO) included a chapter on how globalisation has helped technology leaders’ knowledge spread faster. Cross-border technological diffusion has not only contributed to rising domestic productivity levels in advanced and
Read More
World Bank Group Unveils New Initiatives in Investment Policy and Promotion
For many developing countries, foreign direct investment (FDI) has become the largest source of external finance, surpassing official development assistance, remittances, or portfolio investment flows. In 2016, more than 40% of the nearly $1.75 trillion of global FDI flows was
Read More