Finance & Economics

Seizing the Opportunity: Jobs and Safety Nets in the Middle East and North Africa

The region’s governments have a unique opportunity for fundamental reforms to bring down barriers to employment and develop safety nets designed to lift people out of poverty

More than half the working-age population of the Middle East and North Africa (MENA) region are neither employed nor in school, and both the share of women not working and the unemployment rate for young people are the highest in the world.

Canada’s World-Class Gaming Industry Attracts New Japanese Investment

Canada’s leadership in digital media and entertainment sectors results in new job-creating investment in Vancouver

130410-02.jpg

South Sudan Oil Flows Again

South Sudan has resumed oil production, bringing cheers from citizens and a boost to the economy after a halt of more than a year.

Launch of Centers of Excellence for the Management of Land Acquisition, Resettlement, and Rehabilition in South Asia

As part of the Management of Land Acquisition, Resettlement and Rehabilitation (MLARR) Program in South Asia, the World Bank launched on April 9, 2013 two national and one regional centers of excellence in MLARR.

World Bank Group: Access to Land is Critical for the Poor

By 2050, the world will have two billion more people to feed. To do that, global agricultural production will need to increase by 70 percent.

World Bank Presents Fiscal Policy Reform Options for Growth and Social Cohesion in Belarus

Strengthening incentives for local and regional governments and enhancing the quality and efficiency of public spending in the education and health sectors is critical for improving living standards and human capital in Belarus, says a new World Bank report Belarus Public Expenditure Review: Enhancing Public Services in Times of Austerity.

The Cyprus Template: Your Money And Your Life

As the story of the Cyprus template for world financial reorganization unfolds, it is becoming clear that the British Empire's policy is, "Your money and your life."

IMF's Lagarde Says Global Economy 'Looks Better'

International Monetary Fund chief Christine Lagarde says that a large part of the world economy "looks better" than it did a year ago, but also warns there are risks remaining from the global recession in some countries.

The IMF managing director told a forum on Asia Sunday night in China that "growth continues to broaden and strengthen" throughout emerging and developing economies, and that the U.S. economy is showing signs of improvement.

Southern African Central Bank and Finance Ministry Officials Discuss Macroprudential Approaches to Supervision of Financial Systems in the Region

Central Bank and Finance Ministry officials from across Southern Africa met this week to discuss enhanced supervision to maintain the stability of the region’s financial systems. The officials, together with international experts in the field, took part in a seminar entitled Macroprudential Approach to Supervision, organized in Pretoria by the International Monetary Fund’s Africa Regional Technical Assistance Center for Southern Africa (AFRITAC South) in collaboration with the South African Reserve Bank (SARB) College.

Obama Calls on Congress to Pass His Budget

U.S. President Barack Obama has called for passage of a budget he is sending to Congress next week, saying it includes ideas both parties can support.

In his weekly address Saturday, the president said his top priority is improving the economy by supporting the growth of a rising, thriving middle class.

He warned that deep, across-the-board budget cuts now in place will cost the economy hundreds of thousands of jobs a year.