MENA: Economists finding some good news
In Istanbul, World Bank economists taking a hard look at how the Middle East and North Africa (MENA) are weathering the financial crisis are finding some good news. The World Bank and the IMF are...
View ArticleInfrastructure paramount issue for Africa
Africa's Infrastructure: A Time for TransformationYesterday in New York I attended a discussion on infrastructure in Africa. As co-author of the Africa Infrastructure Country Diagnostic, I've been...
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Development economics thinks big but also gets practical—postcard from Paris
Development is about big systemic changes, complex tradeoffs, political choices and how the fruits of growth are channeled for the greater good. It is also about broadening opportunities – a goal that...
View ArticleStarting a Historic Trip with the United Nations
KINSHASA, Democratic Republic of Congo — For too long the people of the Great Lakes region of Africa have suffered from conflict and insecurity. We need to bring peace, security, and development to...
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Finance as a Tool for Inclusive Growth
When I was a teenager, I went hiking in the French Alps. When I arrived at the top, the view was magnificent. It was like a picture postcard with the sun glimmering off the snow under a clear, blue sky.
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Why inclusion is morally right and economically smart
When I was teaching at the University of Indonesia, my country was the poster child for economic development. Indonesia was growing robustly – as high as 9% in the 1990s. Poverty was falling. But...
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