Why are carefully designed, sensible policies too often not adopted or implemented? When they are, why do they often fail to generate development outcomes such as security, growth, and equity? And why do some bad policies endure? World Development Report 2017: Governance and the Law addresses...

The global economy appears to be transitioning toward a more stable period. Although acute risks have diminished, real-side activity remains sluggish ??? especially in high-income Europe. Most developing countries have fully recovered from the crisis. Although growth is slower than during the...

Global growth is expected to be 2.8 percent in 2015, but is expected to pick up to 3.2 percent in 2016–17. Growth in developing countries and some high-income countries is set to disappoint again this year. The prospect of rising borrowing costs will compound the challenges many developing...