It’s a crucial time for the World Bank, with growing calls for reform and sky-high expectations of what one leader needs to do. A former World Bank official explains the challenges ahead.
Thirty years ago the World Bank recognised that its position was untenable. It put in place mechanisms to make the bank more accountable to ordinary people.
Average farm machinery use in Africa is among the lowest in the world.
The negative effects of conflict on human capital – particularly nutrition, health and education – are larger than commonly thought.
William Ruto is determined to reduce public debt by collecting more taxes to pay for what the country needs.
East Africa is one of the fastest urbanising regions in the world, but it’s still in the early phases. There’s a big opportunity to get the region’s cities right.
Ghana’s finance ministry is struggling to build consensus on the country’s debt burden.
Look for significant progress in 2023 in two key areas, writes a veteran of international climate policy.
Two of the largest financial institutions are not doing enough to scale up funding for climate action.
The biggest issues at COP27 involve financing for low-income countries hit hard by climate change. A former World Bank official describes some promising signs she’s starting to see.
With a square and a circle, the father of ecological economics and a founding architect of sustainable development redrew our understanding of the economy. It was revolutionary.
Many small island nations are struggling to protect their land from rising seas while also facing paralyzing debt.
Better financial support is vital for growing populations.
Njuguna Ndung'u has the experience that suits Ruto’s bottom-up economics but lacks the political gravitas to appease voters.
Questionable academic research has been used by Uber to argue against regulation.
Harnessing the combined effect of trade and urbanisation could significantly boost the economies of African countries.
An expert on Sri Lanka’s economy identifies and explains three key challenges that Ranil Wickremesinghe will have to overcome if he hopes to steer the country out of its crisis.
Protests over shortages forced the ouster of Sri Lanka’s president, but the crisis has deep-set roots in ethnonationalism, which has encouraged corruption, argues an expert on the country’s politics.
It’s still fashionable today to promote tech startups and tech hubs based on models from the global north. But new, alternative and more sustainable models might be emerging.
The informal sector in Zimbabwe is massive. Finding ways to connect it to the formal sector is vital.