In 1985 a new college graduate named Michael Kremer traveled to Kenya hoping to learn more about a topic he had studied at Harvard: economic development in low-income countries. He didn’t anticipate ...

The latest World Economic Situation and Prospects report for 2024 paints a sobering picture of the global economic landscape. The world economy continues to face multiple crises, jeopardizing progress ...

Why have some countries experience durable economic progress while other countries remain left behind? This basic question has vexed development economists for decades — and for decades economists ...

Suppose, for a minute, that you are a finance minister in the developing world. At the end of a year in which your tax take has disappointed, you are just about out of money. You could plough what ...

Successful economic development has been an elusive target in many countries of the Global South. Considerable intellectual effort has been spent on this issue over many decades with mixed results. A ...

Why are some countries rich and others poor? It’s among the most important questions in economics—in all the social sciences—and one at the heart of the work for which MIT’s Daron Acemoglu and Simon ...

>>See here for the full agenda. We're thrilled to announce the highly anticipated 4th Development Impact Conference, a collaborative effort between the World Bank DIME and the KDI School of Public ...

The World Bank, in collaboration with George Washington University (GWU) and the University of Virginia (UVA), hosted the 1st World Bank-GWU-UVA Conference on “The Economics of Sustainable Development ...

When economists talk about global convergence, what they usually have in mind is that developing economies grow more rapidly than advanced economies, and the incomes of the world’s poor rise to levels ...