Limited competition hinders the optimal use of telecommunication services in the Dominican Republic, which lags peer countries in mobile subscriptions and internet penetration. Despite recent reforms designed to enhance competition, the telecommunications sector remains dominated by a small...

There is growing evidence that financially inclusive countries are more financially stable and exhibit better micro- and macro-economic conditions conducive to financial well-being of individual consumers. In order to produce significant economic and societal benefits, financial inclusion needs...

In the coming decades, climate change will force cities to grapple with new operating conditions to construct and maintain key urban infrastructure. Strategies for covering the costs of climate-resilient upgrades will vary by locale, reflecting differing market, regulatory, and policy...

In this context, Bhutan can become wealthier through accelerating both domestic and foreign investment, as well as signing investment treaties. These investments could provide not just capital but also bring necessary skills, knowledge and ideas, and help the country move beyond hydropower....

Even before the COVID-19 pandemic, the world was living a learning crisis. Before the pandemic, 258 million children and youth of primary- and secondary-school age were out of school. And low schooling quality meant many who were in school learned too little. The Learning Poverty rate in low-and...

This note looks at the experience countries have had in introducing reforms that improved the business environment. Instead of examining what was done (that is, the content of reforms), the focus is placed on how reform programs came to be successful. The note aims to provide an overview of...

The travel and tourism industry was one of the first sectors to be affected by COVID-19. Since March, the entire value chain that defines the industry - spanning airlines, bus and train companies, cruise lines, hotels, restaurants, attractions, travel agencies, tour operators,online travel...

News headlines over the last few years have been filled with global scandals involving corruption on an unprecedented scale. They touch virtuallyevery continent, from Asia to Africa, Europe, and the Americas. The scale, magnitude, and sophistication of the operations has increasingly risen to...