Articles on World Bank

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A Pakistani man walks past a shop that was closed due to a recent strike in Peshawar, Pakistan. Hundreds of thousands of Pakistani businesses went on strike in a nationwide protest against an increased sales tax, which opposition political parties said was imposed as part of the International Monetary Fund’s recent $6 billion bailout package for Islamabad. (AP Photo/Mohammad Sajjad)

World Bank ruling against Pakistan shows global economic governance is broken

Abolishing the secretive World Bank Tribunal known as the ISDS won't solve all of the problems of global economic governance. But it seems a very good place to start.
Former Nigerian finance minister Ngozi Okonjo-Iweala is eminently qualified to lead the World Bank. EFE-EPA/EPA/Gian Ehrenzeller

The World Bank needs deep reforms to reflect a changing world order

The World Bank needs to change as part of rethinking the current world order, and giving rising powers and developing countries a meaningful voice.
Haiti had not yet recovered from its devastating 2010 earthquake when it was hit hard by Hurricane Matthew in 2016. It is one of the world’s most vulnerable nations to climate change. AP Photo/Rebecca Blackwell

In Haiti, climate aid comes with strings attached

Haiti is extremely vulnerable to climate change. It is also very poor. International donors have stepped in to help the country fund climate mitigation, but is the money going where it's most needed?

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