World Bank Articles

An efficient economy does not perpetuate the misallocation of capital – it punishes it. The structure of our economy is broken. The governor of the Bank of England calls it the tragedy of the horizon, that point beyond the standard market outlook of 2-3 years where...

As we get closer to June, excitement is building in the global environment community about the UN Sustainable Development conference in Rio. And that is precisely the problem! As long as Rio+20 remains the hot topic for eco-lobbyists, it will remain profoundly worthy;...

New rules, not protectionism, is the answer to the challenge of globalisation, argues Will Straw IN his 2005 party conference speech Tony Blair said: ‘In the era of rapid globalisation, there is no mystery about what works: an open, liberal economy, prepared...

Ten years after 9/11, the United States has a new window of opportunity to regain the initiative in the ‘missing battle’ of the campaign against terrorism. That is, a sustained soft power effort to win the battle for hearts and minds in predominantly Muslim countries....