March 24, 2009
A few years ago, countries were seeking to expand their financial sector (move toward the left in the chart) in order to accelerate economic growth. But the crisis has made states more aware of the…
April 9, 2019
Since its founding in 1944, the World Bank has evolved from a lender focused on European reconstruction to the preeminent international institution for economic development and poverty reduction.
October 3, 2019
As Europe has weathered a succession of economic crises, the European Central Bank has responded with an aggressive set of monetary policies that have redefined the bank’s original mandate.
February 6, 2019
President Trump has nominated David Malpass to be the next World Bank president. A more transparent process is needed in selecting the institution's head.
September 11, 2019
It is hard to understand the global flow of funds without understanding the risks now being taken by Japanese, Taiwanese, and Korean life insurers.
April 21, 2006
A decade after the World Bank mounted its first anticorruption campaign, the impact appears to have been minimal. Paul Wolfowitz, the bank’s new president, is seeking to reinvigorate the effort. But …
April 27, 2012
Many Africans were proud that the continent fielded a highly qualified candidate for the World Bank presidency, Nigerian finance minister Ngozi Okonjo-Iweala. By the time the vote took place, serious…
May 7, 2015
Emerging Voices features contributions from scholars and practitioners highlighting new research, thinking, and approaches to development challenges. This article is by Natalie Bridgeman Fields, Esq…
October 9, 2019
Based on the profits and losses disclosed by Taiwan’s central bank, it appears that its true FX exposures exceed its disclosed foreign exchange reserves by USD 130bn, and perhaps by as much as USD 20…
July 21, 2014
Brazil, Russia, India, China, and South Africa (the “BRICS”) made a splash last week with the official launch of their new development bank. The backers made no secret of their intention to chall…