This is a statement by Luis Caputo regarding the 110th Meeting of the Development Committee, which was held on October 25, 2024. We are at a pivotal moment, with the global economy giving apparent signs...
According to the updated Low-Income Country Debt Sustainability Framework (LIC DSF), the Democratic Republic of the Congo (DRC) remains at a moderate risk of external and overall debt distress, with some...
The development objective of the Productive Economic Inclusion in Lebanon Project for Lebanon is to improve the welfare of low-income Lebanese households through productive economic inclusion. The project...
Cambodia remains at low risk of external and overall debt distress under the low-income countries’ debt sustainability framework (LIC-DSF). The current debt-carrying capacity remains consistent with a...
An estimated 4.5 billion people in developing countries live at the base of the pyramid (BOP), surviving on low-income and lacking access to goods, services, and economic opportunities. Workers at the...
The development objective of Ecuador Inclusive and Resilient Housing and Urban Development Project is to (i) improve access to affordable and resilient housing to low-income segments of the population...
Launched in July 2020, the Global Education Evidence Advisory Panel is an independent, cross-disciplinary body composed of leading education experts from around the world. Its mandate is to provide succinct...
New Zealand is an important contributor to IFC’s Advisory programs through Ministry of Foreign Affairs and Trade (MFAT). MFAT funding focuses, among others, on the East Asia and Pacific region, with a...
In the face of increased uncertainty, the global economy is proving more resilient than expected. The worst macroeconomic outcomes contemplated in the Fall have not materialized so far, but the situation...
Fragility, conflict, and violence (FCV) in middle-income countries is one of today’s major development challenges. It is commonly assumed that low-income countries are more prone to FCV than middle-income...
Exposure to shocks such as conflict, adverse weather events, or sudden loss of income has resulted in significant human capital losses, particularly in low-and middle-income countries. Beyond increased...
The Global Road Safety Facility (GRSF)—a multi-donor partnership managed by the World Bank—supports efforts in low- and middle-income countries (LMICs) to halve their road traffic fatalities and serious...
Do larger interventions improve longer run outcomes more cost effectively? And should poverty traps motivate increasing intervention size? This paper considers two approaches to increasing intervention...
Since 2010 the World Bank has partnered with the Austrian Government in a program aimed to strengthen capacity of local governments in South-East Europe (SEE). The program aims to assist and support cities...
The results of the review do not disappoint. The authors identified more than 120 cash transfer programs that were implemented between 2000 and mid-2009 in Sub-Saharan Africa. These programs have varying...
As of 2007, 29 developing countries had some type of conditional cash transfer program in place, with many others planning or piloting one. However, the evidence base needed by a government to decide how...
This report provides: (1) a stocktaking of the decentralization process in Albania; (2) a discussion of the conditions for sustainable intergovernmental fiscal relations under a certain degree of local...
In July 1991, Robert Nathan was interviewed on behalf of the World Bank Group Archives oral history program by Richard Webb and Devesh Kapur. Mr. Nathan worked as head at United States (U.S.) department...