Nigeria has recorded robust growth for more than a decade, and its economy has become more diversified with less reliance on oil, although oil revenue remains a critical source of fiscal revenues and foreign exchange. The recent plunge in oil prices demonstrates how exposed economic growth and...

This report responds to the February 2016 request from the G20. The report has been prepared in the framework of the Platform for Collaboration on Tax (the “PCT”), under the responsibility of the Secretariats and Staff of the four mandated organizations. The report reflects a broad consensus...

The 2007 financial crisis has exposed major weaknesses in global financial systems, including the threat to financial stability posed by banks that were too big, interconnected and complex to be closed or go bankrupt. As a result, many banks have been rescued using public support, allowing for...

In the aftermath of the 2007/08 financial crisis, and lacking sufficient coordinated guidelines or legislation, measures to address failing financial institutions in European Union (EU) Member States were taken at national level. In an effort to improve cross border coordination as well as to...

Climate variability and resource scarcity pose an increasing threat to the growth and competitiveness of industry, and nowhere is this issue more significant than in the world’s emerging economies. Governments and industry must work together to tackle this challenge. The World Bank Group’s...

Biodiversity represents the variety of life on Earth, including the full range of ecosystems, species, and genes. Biodiversity conservation efforts to date have achieved a great deal to help secure the continued functioning of many threatened ecosystems and the survival of numerous species....

This multi-country study focuses on evaluating whether ART scale-up and changes in sexual risk behavior have contributed to the declining trends of HIV incidence and prevalence. The World Bank, UNAIDS, UNFPA, WHO, the Global Fund, and Imperial College London agreed upon specific criteria used to...

This new report presents the results of a systematic assessment of the World Bank’s 15-year experience with the productive alliance approach adopted by 21 projects in 10 countries across Latin America and the Caribbean. With funding of over United States (U.S.) 1 billion dollar since the early...

Poverty has remained stubbornly high in Africa for decades. Top-down plans and donor driven investment programs have been less than successful. Past experience suggests that decentralization will not work without vibrant, participatory communities. And enhanced participation will at some point...