With less than five years left to achieve the MDGs, this year's report looks at the prospects and challenges for reaching the goals. It also examines the great diversity of performance across indicators, countries, and categories of countriesto determine the necessary policies to fill the...

The Revised Guidelines for Public Debt Management have been developed as part of a broader work program undertaken by the IMF and the World Bank to strengthen the international financial architecture, promote policies and practices that contribute to financial stability and transparency, and...

This report provides an assessment of whether and how multilateral platforms could bring meaningful improvements to the cross-border payments ecosystem. It was written by the Bank for International Settlements' Committee on Payments and Market Infrastructures (CPMI) in collaboration with the BIS...

The coronavirus crisis has stiffened debt and development-related headwinds that had become strong even before 2020. Sustaining development while maintaining debt sustainability has been made harder by the protracted effects of the pandemic on public finances, earnings and employment, and human...

"Illustrated by the experience of the World Bank, this book explains how knowledge management, traditionally viewed as being about information systems and processes, can play a fundamental corporate role by creating a competitive edge for organizations, increasing team performance, and fostering...

Amidst a fragile recovery, three clouds are gathering over the economic horizon: US inflation could provoke financial tightening, China's structural slowdown and zero-COVID-19 policy could dampen regional exports, and the conflict between Russia and Ukraine could disrupt food and fuel supplies,...

This paper brings the aid effectiveness debate to the sub-national level. We hypothesize the nonrobust results regarding the effects of aid on development in the previous literature to arise due to the effects of aid being insufficiently large to measurably affect aggregate outcomes. Using...

Chile has long considered education as a central priority and as key for its economic development. Over the past two decades the country has made great strides to increase the numbers of young people entering tertiary education. In 2008 Chile embarked on a bold initiative to develop its human...