The COVID-19 pandemic has, with alarming speed, dealt a heavy blow to an already-weak global economy, which is expected to slide into its deepest recession since the second world war, despite unprecedented policy support. The global recession would be deeper if countries take longer to bring the...

Robert B. Zoellick, President of the World Bank Group, discussed these topics: a new, more globalized world; global aid architecture; the World Bank and a new multilateralism; and Russia's role in development. One of the strategic challenges for the World Bank Group is to contribute to the m...

Robert B. Zoellick, President of the World Bank Group, spoke on the theme that we are now in a new, fast-evolving multipolar world economy in which outdated classifications no longer fit. He discussed these topics: (i) the end of the third world; (ii) multilateralism matters; (iii) new sources of...

Robert B. Zoellick, President of the World Bank Group, charged that economics, and in particular development economics, must broaden the scope of the questions it asks - thereby also becoming more relevant to today's complex, multi-faceted problems. He discussed the following topics: (i) from...

Robert B. Zoellick, President of the World Bank, addressed the following issues: seeds of crisis; the changing context; responsible globalization; the current role of the World Bank Group; the role of the World Bank Group in a new post-crisis World; and the reform agenda. He pointed to four...

Robert B. Zoellick, President of the World Bank, discussed the following priorities: (i) understanding fragile states; (ii) building legitimacy of the state; (iii) security; (iv) rule of law and the legal order; (v) local and national ownership; (vi) economic stability, as a foundation for growth...

This report is an output of the Better Regulation for Growth Program between the Dutch Ministry of Foreign Affairs, the UK Department for International Development (DFID) and IC, the Investment Climate Advisory Services of the World Bank Group. The reports identifies a set of minimum...

The purpose of this report is to introduce and present key components of the regulatory governance agenda, and to discuss its relevance for developing countries. The paper identifies failings and knowledge gaps relevant to the implementation of regulatory governance initiatives, and it discusses...

Over the last few years the Standard Cost Model (SCM) has become the regulatory reform tool of choice in European Union (EU) and Organization for Economic Co-operation and Development (OECD) countries for identifying and reducing regulatory compliance costs. SCM provides a relatively simple...

Robert B. Zoellick, President of the World Bank Group, spoke about leaving behind the past and facing today's challenges squarely, constructively, and creatively. This is not the 1944 world that surrounded the creation of the Bank. Old models no longer fit current problems. The new "normal" will...