Firms and entrepreneurs of all types - from microenterprises to multinationals - play a central role in growth and poverty reduction. Their investment decisions drive job creation, the availability and affordability of goods and services for consumers, and the tax revenues governments can draw...

Remarks delivered by Jim Yong Kim, President of the World Bank Group discuss the critical role of inclusive and sustainable industrialization in the future global development agenda, including to end extreme poverty by 2030. He speaks about working with UNIDO and the government of Ethiopia to...

Jim Yong Kim, President of the World Bank Group, discussed the following topics. The Bank is helping many manage the humanitarian and development challenge. The Bank supports the global knowledge partnership on migration and development (KNOMAD), which helps countries develop evidence-based...

David Malpass, President of the World Bank, addressed the common challenge presented by slowing world growth. He remarked that governance issues are apparent around the world. On matters of debt, he emphasized dispute settlement, debt contract transparency, contract fairness, and facilitating...

Global growth is expected to be 2.8 percent in 2015, but is expected to pick up to 3.2 percent in 2016-17. Growth in developing countries and some high-income countries is set to disappoint again this year. The prospect of rising borrowing costs will compound the challenges many developing...

The achieved international consensus on the 1.5‐2°C target entails that most of current fossil fuel reserves must remain unburned. Currently, a majority of climate policies aiming at this goal are directed towards the demand side. In the absence of a global carbon regime these polices are...

In this speech by A. W. Clausen, President of the World Bank and International Finance Corporation, he reconfirms the Bank's commitment to do all that it can to help the middle-income member countries with severe debt problems to regain sustained, noninflationary economic growth with social...