Tag: Economic Development

Speech by Managing Director and Chief Financial Officer Joaquim Levy at the World Bank’s Development Finance Forum on the theme ‘Unlocking Opportunities in Fragile Markets’ i...

According to new GEGI research in collaboration with Yongzhong Wang of the Chinese Academy of Social Science’s Institute for World Economics and Politics, in just over a decade C...

Small states including those with financial services industries should play a greater role in the development of global financial rules, Seychelles’ Vice President, Danny Fa...

In just a few years since the G20’s Global Partnership for Financial Inclusion (GPFI) published its initial White Paper, the role that global financial standard-se...

Over the last 50 years African countries have lost about $1 trillion to illicit financial flows. This equates to around $50 billion a year and is equivalent to all the ...

The objective of this report is to provide an analytical framework of development co-operation for private sector development (PSD) and a measurement to capture relevant Official D...

Africa stands at a crossroads. Economic growth has taken root across much of the region. In many countries, exports are booming, foreign investment is on the rise, and dependence...

This report is based on the work of a joint IMF/World Bank team that visited Brazzaville and Pointe Noire (Republic of Congo), Douala and Yaoundé (Cameroon), and Libreville (Gabon...

Investment flows to offshore financial hubs, including offshore financial centers and special purpose entities (SPEs), were increasingly volatile in 2015, according to the latest U...

Governance and corruption are controversial issues of great significance for sustainable development. Fostering structural transformation requires more than a national policy and ...

Leaders of Africa’s top financial institutions will gather in Abidjan from 2 to 3 May for the first ever continental conference looking at the current state of intra-African trad...

Joint statement on the fight against illicit financial flows by OECD Secretary-General Angel Gurría and Thabo Mbeki, Chair of the High Level Panel on Illicit Financial Flows from...

Madagascar’s economy did not rebound as expected in 2015, posting an estimated 3% growth that falls far short of initial projections, according to the new economic update for the...

The Macro Poverty Outlook is jointly produced by the Poverty & Equity and Macroeconomics & Fiscal Management Global Practices of the World Bank. This semi-annual report, wh...

Low commodity prices continue to impede growth Amid falling commodity prices and continuing weakness in global growth, Sub-Saharan Africa’s gross domestic product (GDP) growth d...

The Panama Papers shed crucial light on how illicit financial flows work. It’s essential for Africa’s development, but any hope of change is still distant. When African Union ...

Seven guiding principles to help countries increase financial inclusion were set out in a report released on 5 April 2016 by the Committee on Payments and Market Infrastructures (C...

Tax evasion by multinational companies, drug trafficking, smuggling, bribery and embezzlement are the main conduits On matters pertaining to Africa’s socioeconomic and political...

African Union Ministers of Finance, Planning, Economic Development and Integration concluded their 9th annual meeting on 5th April 2016 with a strong call for the domestication of ...

Changes in emerging market asset prices explain over a third of the rise and fall in global equity prices and exchange rates, according to new research from the International Monet...