Events of the past decade have underscored the vital need for social safety net (SSN) programs in all countries, especially in times of crisis. Many countries have some form of targeted SSN program, especially in high- and middle-income countries, but SSNs are increasingly spreading to the...

A series of global initiatives have been launched over the last decade by the international community to accelerate progress toward meeting the Millennium Development Goals. These initiatives entailed commitments to provide more aid and efforts to strengthen aid effectiveness. They culminated in...

The principal purpose of this Global Program Review (GPR) is to learn lessons from the experience of the Global Fund and its interaction with the Bank in three areas: (a) the design and operation of large global partnership programs like the Global Fund that are financing country-level...

One out of every three dollars invested abroad in 2012 was originated in multinationals from developing countries. This study sheds light on the characteristics, motivations, strategies, and needs of emerging market investors. By including information on investors, potential investors, and...

Delivering on results is a key to achieving our Latin America and Caribbean strategy. This publication presents some of the recent results achieved by the World Bank Group, our clients, and our partners in the Latin America and Caribbean Region. The stories reflect our effort to help clients...

Pension systems in Europe and Central Asia are facing unprecedented demographic change. While many of the countries in the region have undertaken reforms when the economy faces difficult times, these reforms are frequently reversed when the economy improves. The demographic challenges that the...

Sub-Saharan Africa has just experienced one of the best decades of growth since the 1960s. Between 2000 and 2012, gross domestic product (GDP) grew more than 4.5 percent a year on average, compared to around 2 percent in the prior 20 years (World Bank various years). In 2012, the region's GDP...

Countries worldwide face challenges of high unemployment, unsustainable public finances and lower potential output. It is pertinent therefore to understand future challenges and devise policies accordingly. This document contains the proceedings of a conference co-hosted by the Organisation for...

This issue of the MENA Quarterly Economic Brief focuses on the implications of low oil prices for eight developing countries, or the MENA-8 (oil importers: Egypt, Tunisia, Lebanon and Jordan and oil exporters: Iran, Iraq, Yemen and Libya) and the economies of the GCC (Gulf Cooperation Council),...