"In this paper the authors reconsider the idea of an earnings-related pension system with reserves invested in indexed government bonds as a mechanism to both ensure financial sustainability and improve security. They start by reviewing the characterization of the sustainable rate of return of...

"According to the conventional wisdom, when an economy enters a recession and nominal prices adjust slowly, the monetary authority should devalue the domestic currency to make the recession less severe. The reason is that a devaluation of the currency lowers the relative price of non-tradable...

An efficient and affordable access to jobs, education and services is considered a fundamental element for development. However, the mobility conditions in the cities have deteriorated because of the increasing motorization and urbanization. The number of new cars that enter the cities every...

The Water and Sanitation Program's (WSP's) Global Scaling up Sanitation Project combines the approaches of Community-Led Total Sanitation (CLTS), behavior change communications, and social marketing to generate sanitation demand and strengthen the supply of sanitation products and services at...

After a period of stagnation, the story of hydropower infrastructure is changing. Emerging global dynamics are recasting the role and value of hydropower in development, recognizing its potential contribution to a complex web of energy security, water security and regional development and...

"For decades the world's agricultural markets have been highly distorted by national government policies, but very differently for different commodities. Hence a weighted average across countries of nominal rates of assistance or consumer tax equivalents for a product can be misleading as an...