The International Finance Corporation (IFC), a member of the World Bank Group, is the largest global development institute focused on supporting the private sector in emerging economies. Through its work with more than 2,000 companies worldwide, IFC mobilizes capital, expertise, and influence to...

This study discusses options how to increase the Dominican Republic tax revenue and attempts to identify priority areas for efficiency-enhancing reforms. A 2016 World Bank report on Dominican fiscal policy found that the country's tax expenditures were poorly targeted and regressively...

This report is one of four analytical pieces on Ukraine's innovation and entrepreneurial ecosystem developed by the World Bank's Ukraine Technical Assistance on Innovation, supported by the Swedish Ukraine Financial and Enterprise Sector Recovery and Growth Trust Fund. This report reviews...

R and D tax incentives (RDTIs) are among the most popular instruments that governments in both developing and developed economies employ to induce private investment in research and development (R and D). RDTIs can influence a host of development drivers: the quantity and quality of innovation,...

Promoting a high savings rate is high on the World Bank's agenda for promoting national income growth. This study surveys broad saving trends worldwide, summarizes current knowledge about savings and consumption, identifies main unresolved issues, and outlines the major policy questions to be...

Program-based approaches to providing development assistance, especially sector investment programs (SIPs), are receiving increased attention as donors and recipient countries search for effective instruments to foster sustainable development. A SIP is a long-term national program covering...

Over the last two decades banking systems in Latin America have been subject to considerable banking distress and numerous crises. This conference looked at proposals for preventing such episodes. The discussions covered the genesis and implications of deposit insurance cum fractional reserve...