Global Poverty Rampant Despite Sunny Talk, U.N. Finds
Reliance on arbitrary metrics, like a $1.90-a-day bar for poverty, masks huge and growing inequality in the world.
U.S. Bureaucratic Blunder Could Cost Somalia Desperately Needed Debt Relief
U.S. ambassador considers resigning over the issue, which could harm U.S. anti-terrorism mission and aid programs there, officials say.
The World Bank Was Warned About Funding Repression in Xinjiang
A school supported by the $50 million loan purchased barbed wire, gas launchers, and body armor.
‘We Need a New Vision in Development’
World Bank chief economist Pinelopi Goldberg says equality can’t be an afterthought in plans for economic growth.
Will David Malpass Run the World Bank or Ruin It?
Trump taps a critic of the world’s biggest development bank to be its next president.
Investing in Low-Wage Jobs Is the Wrong Way to Reduce Migration
Unless would-be migrants can build lives with dignity—which poorly paid, export-oriented jobs do not provide—they will continue to seek ways to move on.
The World Bank Needs to Join the 21st Century
The next president of the world’s largest development organization needs to chart a new direction for a new era.
African Governments Are Paying for the World Bank’s Mauritius Miracle
Ghost offices on the small island provide legal but questionable means of siphoning tax dollars away from poor countries and into the pockets of the global elite.
The World Bank’s Doing Business Indicators Still Work
They are among the institution's most powerful tools — heed not the critics.
Never Mind the Troika, Here’s Rouvikonas
Greece’s prolonged austerity has given rise to a movement of middle-class anarchism.
Treasury Takes Aim at Global Food Security Program
The Trump administration wants to dismantle another Obama-era development program.
Trump Takes Aim at World Bank Over China Loans
The multilateral lender had somehow avoided the president’s anti-globalist ire. No longer.
U.N. Security Council Members Are More Likely to Receive World Bank Loans
A study shows that World Bank aid is vulnerable to geopolitical influence.
House Bill Would Decimate World Bank Funding
The proposed bill slashes more than half a billion dollars, or almost half of U.S. funding for the organization.
Uzbekistan Forced Labor Linked to World Bank Projects, Advocates Say
A new report from Human Rights Watch and Uzbek activists alleges the continued use of forced and child labor in harvesting the Central Asian country’s cotton crop.
Even China-Backed Development Bank Won’t Touch Coal Projects
The World Bank rival says it will only fund environmentally-friendly projects.
Trump Treasury Nominees Aren’t Partial To IMF Bailouts
That doesn’t bode well for Greece, which appears to be hurtling toward another default.