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October 12, 2023

International Organizations
The World Bank Group’s Role in Global Development

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.

A woman reads in front of a chalkboard in an outdoor classroom in Niger.

October 31, 2023

Latin America
What Does the Inter-American Development Bank Do?

The Inter-American Development Bank aims to bolster economic and social development in Latin America and the Caribbean, but critics say reforms are needed.

A sign promotes the IDB Board of Governors meeting in Panama City, Panama, in March 2023.

March 19, 2024

Palestinian Territories
Who Governs the Palestinians?

Power in the Gaza Strip and the West Bank, the so-called Palestinian territories, has been divided among three entities: a governing body called the Palestinian Authority, the militant group Hamas, a…

Palestinians wave their national flag as they rally beneath images of President Mahmoud Abbas and his predecessor, Yasser Arafat

July 19, 2023

United States
The Dollar: The World’s Reserve Currency

The dollar’s role as the primary reserve currency for the global economy allows the United States to borrow money more easily and impose painful financial sanctions. Other countries are beginning to …

Three $1 bills lie on top of one another, filling the frame.

January 17, 2024

Technology and Innovation
The Crypto Question: Bitcoin, Digital Dollars, and the Future of Money

The dizzying rise of bitcoin and other cryptocurrencies has created new challenges for governments and central banks. Increasing popularity and high levels of market volatility have raised the stakes…

A technician inspects the backside of a bitcoin mining operation in Quebec, Canada.

March 26, 2024

Refugees and Displaced Persons
How Does the U.S. Refugee System Work?

The United States has long been a safe haven for refugees from around the world. President Biden is working to expand the country’s resettlement program after the Trump administration made sharp cuts…

Afghan refugees walk through Dulles International Airport in Dulles, Virginia, on September 2, 2021.

April 21, 2006

Global
The World Bank and Corruption

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 …