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    News about the World Bank

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    World Bank chief economist Paul Romer steps down 3 World Bank Chief Economist Paul Romer is returning to his position as university professor at New York University.  Lucy Burton, financial services editor 24 JANUARY 2018 • 9:30PM The World Bank’s chief economist Paul Romer has resigned from his role after less than...
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    Opinion: A critical look at the IFC’s new incentives framework By Emily Gabor // 04 January 2018 The International Finance Corporation headquarters in Washington, D.C. Photo by: Michael Foley / CC BY-NC-ND To help staff make better decisions, the International Finance Corporation is introducing a new incentives framework, which will reward achievements...
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    How Donald Trump changed US development policy in 2017 www.devex.com/news/how-donald-trump-changed-us-development-policy-in-2017-91763 By Michael Igoe U.S. President Donald Trump with Vice President Mike Pence and House Speaker Paul Ryan. Photo by: The White House WASHINGTON — For the U.S. development community, 2017 was different. Drastic budget proposals, hiring freezes, and murky reorganization...
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    World Bank to quit upstream oil and gas projects after 2019 By Vince Chadwick, Michael Igoe // 12 December 2017 World Bank President Jim Yong Kim. Photo by: Simone D. McCourtie / World Bank / CC BY-NC-ND PARIS — The World Bank will no longer finance upstream oil and gas after 2019,...
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    News about the World Bank

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    POVERTY What’s The Meaning Of The World Bank’s New Poverty Lines? Facebook Twitter Email October 25, 20171:51 PM ET MARC SILVER MALAKA GHARIB Twitter According to the World Bank, if you’re living on $1.90 a day or less, you’re living in extreme poverty. The 767 million people in that category...
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    Opinion: Consultation, participation, and disclosure of information — lessons from the World Bank Inspection Panel www.devex.com/news/90753 By The Inspection Panel Community members meet with an Inspection Panel team to discuss the Albania Power Sector Generation and Restructuring Project. Photo by: World Bank / Inspection Panel View the World Bank Inspection...
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    Ivanka-inspired women’s entrepreneurship facility open for business www.devex.com/news/91294 By Sophie Edwards Ivanka Trump, President Donald Trump’s eldest daughter and senior advisor. Photo by: Franz Mahr / World Bank / CC BY-NC-ND WASHINGTON — A much talked about new facility to support women entrepreneurs in developing countries — informally dubbed the “Ivanka...
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    News about the World Bank

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    5 takeaways from the World Bank Annual Meetings www.devex.com/news/91298 A view of the plenary session at the 2017 World Bank Annual Meetings. Photo by: World Bank / CC BY-NC-ND WASHINGTON — The first annual meetings of World Bank President Jim Yong Kim’s second term, and of U.S. President Donald Trump’s first...
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    News about the World Bank

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    Financial Times, October 15,2017   The US puts the World Bank under renewed fire It cannot be much fun running the World Bank these days. Apart from the complaints of the institution’s perennially fractious staff, the multilateral lender has seen increased competition from other sources of finance over the past...