Every policy relies on explicit or implicit assumptions about how people make choices. Those assumptions typically rest on an idealized model of how people think, rather than an understanding of how everyday thinking actually works. This year’s World Development Report argues that a more...

Drawing on various macro- and micro-data sources, the authors present robust evidence of an inverted U-shaped relationship between female labor force participation and inequality. Overall, female labor force participation is found to have a strong and significant dis-equalizing impact in at...

Migration shapes the lives of those who move and transforms the geographies and economies of their points of departure and destinations alike. The water sector, and the availability of water itself, implicitly and explicitly shape migration flows. Ebb and Flow, Volume 1. Water, Migration, and...

Climate change is already affecting people's lives and livelihoods in Angola, as well as the Angolan economy. The country is experiencing increasingly severe and frequent climate hazards, including the South's worst prolonged droughts in decades. Climate change impacts also come with a heavy...

Cover -- Half Title -- Title Page -- Copyright Page -- Summary of Contents -- Contents -- Acknowledgments -- Foreword -- Executive Summary -- Abbreviations -- Chapter 1 Global Outlook -- Summary -- Global Context -- Global Trade -- Commodity Markets -- Global Inflation -- Financial Developments...