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World Bank: Helping Electrification Efforts in DRC

Sub-Saharan Africa is blessed with large hydropower resources that can bring electricity to homes, power businesses and industry, light clinics and schools, and spur economic activity, creating jobs and improving human well-being. Yet, only 10% of this hydropower potential has

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World Bank Support to Promote Transparency, Accountability and Job Creation in Jordan

A US$250 million loan, approved last week, will ease Jordan’s fiscal strains, which have been deepened by the influx of Syrian refugees and by regional turmoil that has disrupted its hydrocarbon supplies from Egypt. The World Bank’s support to Jordan

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The World Bank: Accelerating Africa’s Aspirations

As Sub-Saharan Africa develops rapidly, it is estimated that the continent will need millions of engineers just to reach a single Millennium Development Goal, that of access to safe water and improved sanitation. However, there is a serious shortage of

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World Bank Group: Financial Inclusion – Banking on Low-Income Households

Financial exclusion restricts economic opportunity and constrains poverty reduction. Yet today there are an estimated 2.5 billion adult people worldwide who go about their lives without any formal financial services such as bank accounts. According to the World Bank’s Global

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World Bank Group: Spurring Job Growth in the Western Balkans – Research and Innovation

By Paulo Correa and Christopher Colford Promoting economic growth and job creation requires innovative industries that can make imaginative use of business opportunities springing from new technologies and research and development (R&D) activities. But not every economy can develop a Silicon Valley

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Otaviano Canuto, World Bank Group: Walking on the Wild Side – Monetary Policy and Prudential Regulation

Global financial integration and the linkages between the financial and the real sides of economies are sources of huge policy challenges. This is now beyond doubt, after what we saw in the run-up to and the unfolding of the 2008

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World Bank Reports on Affordable Housing in Egypt

Hamada Mohamed, a taxi driver, is married with a 3 -year-old boy, and expecting a new baby in the coming months. Like 75 percent of young families he has not been able to afford a house and has had to

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World Bank Response to Philippines Typhoon Disaster

“We have been encouraged by the resilience of the Filipino people and the determination shown by President Aquino and his team as they work to recover from a disaster of unprecedented scale,” said World Bank Group President Jim Yong Kim.

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MIGA (World Bank): Energy in Africa – The Many Sides of Sustainability

Africa is booming—mostly. Much of the continent has experienced strong and sustained economic growth over the last two decades. Many countries have also been shielded from the recent Great Recession due to favorable commodity prices and relatively weak ties to

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Otaviano Canuto, World Bank Group: Emerging Markets and the Unwinding of Quantitative Easing

The mid-year season was marked by a strong pressure of capital outflows and exchange rate devaluations in several systemically relevant emerging market economies. Announcements in May that the Federal Reserve had started to focus on phasing out its asset-purchase program

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