This World Bank Discussion Paper brings together two contributions on external debt issues. The first paper discusses the insurability of sovereign debt against default. The second paper reviews numerous studies that have been conducted over the years to identify the variables that could predict...

This paper presents a framework for evaluating the level and composition of public expenditures, illustrated by sectoral and country examples.

The Country Opinion Survey in El Salvador assists the World Bank Group (WBG) in gaining a better understanding of how stakeholders in El Salvador perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media, academia,...

In more recent years, new investments reinforced the megaproject growth model. At present, it is envisaged that the country will experience unprecedented investments in the next 30 years. Realizing the full potential of large oil and gas investments will require a shift in Mozambique's...

Political risk remains the top preoccupation for foreign investors operating in developing countries over the next three years, in spite of persistent concerns over the global downturn in the short term. The global economic recession triggered by the financial crisis that has unfolded over the...

The FDI Watch presents the latest data on foreign direct investment (FDI) flows and intentions, investor perceptions, and policy developments. It also highlights recent FDI publications by the World Bank and other organizations. This FDI watch quarterly report focuses on the activities as of...

In more recent years, new investments reinforced the megaproject growth model. At present, it is envisaged that the country will experience unprecedented investments in the next 30 years. Realizing the full potential of large oil and gas investments will require a shift in Mozambique's...

The war in Ukraine is a human tragedy for the people of Ukraine, but its economic implications are global. This instant report focuses on the direct impact of the war on world trade and investment. It identifies five trade and investment channels through which countries will be affected by the...