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Economic Development

China's Foreign Minister Wang Yi is received by his Kenyan counterpart, Raychelle Omamo, in Mombasa, Kenya.
China's Foreign Minister Wang Yi is received by his Kenyan counterpart, Raychelle Omamo, in Mombasa, Kenya.

While America Slept, China Became Indispensable

Washington has long ignored much of the world. Beijing hasn’t.

Four young Black men sit on the side of a rode with their suitcases.
Four young Black men sit on the side of a rode with their suitcases.

Treating Migration as a Crisis Is a Missed Opportunity

Racism is keeping rich societies from benefitting from increased migration.

China's Foreign Minister Wang Yi is received by his Kenyan counterpart, Raychelle Omamo, in Mombasa, Kenya.
China's Foreign Minister Wang Yi is received by his Kenyan counterpart, Raychelle Omamo, in Mombasa, Kenya.

How Better Data Helped End Child Marriage in Indonesia

A nonprofit’s grassroots data collection successfully pushed for a child marriage ban in Indonesia, a significant step to reduce female poverty.

Senegalese President Macky Sall shakes hands with Kristalina Georgieva, the managing director of the International Monetary Fund, at a conference in Diamniadio, Senegal, on Dec. 2, 2019.
Senegalese President Macky Sall shakes hands with Kristalina Georgieva, the managing director of the International Monetary Fund, at a conference in Diamniadio, Senegal, on Dec. 2, 2019.

The World Bank and IMF Are Getting It Wrong on Climate Change

Rich donor countries are working to deprioritize poverty reduction and economic development in the global south.

China's Foreign Minister Wang Yi is received by his Kenyan counterpart, Raychelle Omamo, in Mombasa, Kenya.
China's Foreign Minister Wang Yi is received by his Kenyan counterpart, Raychelle Omamo, in Mombasa, Kenya.

Why Small Business Owners Have Such a Hard Time Getting Loans

Securing a good loan is challenging for many entrepreneurs, particularly women.

Schoolgirls look out through a window while attending class at their bullet-riddled school in the Afghan village of Arzo.
Schoolgirls look out through a window while attending class at their bullet-riddled school in the Afghan village of Arzo.

World Bank Freeze Leaves Afghanistan Bracing for Economic Impact

Amid Taliban crackdowns, the country continues to be locked out of billions of dollars in crucial international funds, with little resolution in sight.

China's Foreign Minister Wang Yi is received by his Kenyan counterpart, Raychelle Omamo, in Mombasa, Kenya.
China's Foreign Minister Wang Yi is received by his Kenyan counterpart, Raychelle Omamo, in Mombasa, Kenya.

What Works in Microfinance

We explore why some microfinance practices work really well while others fall short.

Rachel Korir's fight against her brothers over their father's property went up to a high court in Kenya, challenging recent constitutional reforms.
Rachel Korir's fight against her brothers over their father's property went up to a high court in Kenya, challenging recent constitutional reforms.

The Battle for Women’s Property Rights in Kenya

What a daughter’s inheritance fight reveals about Kenya’s constitutional reforms, which aimed to provide equal land access between men and women.

Lucia Arecely Vail looks down at her daughter playing below from the top of her unfinished home in Cajolá, Guatemala.
Lucia Arecely Vail looks down at her daughter playing below from the top of her unfinished home in Cajolá, Guatemala.

For Central Americans, Biden’s Spending Could Spark a Boom

Remittances from migrant laborers could help drive economic growth in places such as Guatemala.

A Panama supporter waves the national flag ahead of the Russia 2018 World Cup Group G football match between Belgium and Panama at the Fisht Stadium in Sochi on June 18, 2018.
A Panama supporter waves the national flag ahead of the Russia 2018 World Cup Group G football match between Belgium and Panama at the Fisht Stadium in Sochi on June 18, 2018.

Panama’s Success Is Defying Political Science

The Latin American country has experienced one of the world’s most impressive—and surprising—trajectories of the past three decades.

Cambodian Prime Minister Hun Sen reviews a military honor guard with Chinese Premier Li Keqiang during a welcome ceremony outside the Great Hall of the People in Beijing on May 16, 2017.
Cambodian Prime Minister Hun Sen reviews a military honor guard with Chinese Premier Li Keqiang during a welcome ceremony outside the Great Hall of the People in Beijing on May 16, 2017.

Time for America to Play Offense in China’s Backyard

Ignoring Cambodia and Laos is a strategic mistake—but engagement requires a smarter balance of values and interests.

A man stands in front of a line of parked trucks near a sign that reads "Welcome to Gwadar Port."
A man stands in front of a line of parked trucks near a sign that reads "Welcome to Gwadar Port."
Coal plant in South Africa
Coal plant in South Africa

South Africa’s Coal Deal Is a New Model for Climate Progress

The agreement is the most impressive thing to come out of the COP26 climate summit.

A stranded man without a train ticket sits in front of a police barricade outside the railway station in New Delhi on May 12, 2020.
A stranded man without a train ticket sits in front of a police barricade outside the railway station in New Delhi on May 12, 2020.

Biden’s Foreign Policy for the Middle Class Has a Blind Spot

Enriching middle-class Americans at the expense of their counterparts in the developing world will come back to haunt the United States.

A Zimbabwean boy does his homework by candlelight in Harare, Zimbabwe, on June 26, 2019.
A Zimbabwean boy does his homework by candlelight in Harare, Zimbabwe, on June 26, 2019.

The Developing World Needs Energy—and Lots of It

At COP26, leaders must find ways to allow much greater economic growth across large parts of the world.

Chinese President Xi Jinping, Russian President Vladimir Putin, Brazilian President Jair Bolsonaro, Indian Prime Minister Narendra Modi, and South African President Cyril Ramaphosa link hands as they pose in front of their countries' flags.
Chinese President Xi Jinping, Russian President Vladimir Putin, Brazilian President Jair Bolsonaro, Indian Prime Minister Narendra Modi, and South African President Cyril Ramaphosa link hands as they pose in front of their countries' flags.

Why BRICS Still Matters

BRICS may be a young institution, but it shouldn’t be underestimated.

Pakistani rangers stand in front of the Chinese consulate.
Pakistani rangers stand in front of the Chinese consulate.

Why Terrorists Will Target China in Pakistan

As awareness of Uyghur persecution increases and anger about Beijing’s investment projects simmers, Chinese citizens and businesses are likely to suffer.

An Indian Youth Congress activist takes part in a protest against rising fuel prices in Siliguri, India, on Feb. 26.
An Indian Youth Congress activist takes part in a protest against rising fuel prices in Siliguri, India, on Feb. 26.

Specter of Stagflation Hangs Over Emerging Markets

Rich countries’ pandemic policies are sucking growth and capital out of the developing world.

A security guard walks through the headquarters of the International Monetary Fund in Washington on April 5.
A security guard walks through the headquarters of the International Monetary Fund in Washington on April 5.

The World Bank Is Missing U.S. Leadership

Biden’s sacking of Trump appointees at international financial institutions has left a vacuum.

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