The Republic of Korea has announced a 45% increase in its contribution to the World Bank’s International Development Association (IDA). Korea contributed KRW 585 billion in IDA20 and has committed to ...

RIO DE JANEIRO, 18 November 2024 — In a significant move to bolster global development efforts, Norway has announced its early pledge to the International Development Association (IDA) during the 19th ...

Between June 2023 and July 2024, GWSP reached 59 million more people with access to safe water and sanitation by adapting to different contexts in countries across the globe.

Diminishing Growth amid Global Uncertainty: Ramping up Investment in the Pacific (October 2024) The World Bank’s October 2024 Pacific Economic Update provides an assessment of the economies of the ...

Stories from around the world that showcase countries and communities delivering transformative initiatives that drive our mission toward a more livable planet and are proven, replicable and scalable.

Access to financing is a major hurdle to sustainable urban development. The World Bank's City Creditworthiness Initiative helps cities improve their financial performance and secure the private ...

Latin America and the Caribbean is close to winning the battle on inflation and turning the corner on the macroeconomic dislocations wrought by the pandemic. Monetary authorities in the region have ...

More than 5,000 young people with little or no education have found jobs thanks to the partnership between the National Employment Agency (ANPE) and the management company of the Glo-Djigbé industrial ...

Dohan Kim is an Economist in the World Bank’s Prospects Group, where he contributes to analyses of global economic issues and policy recommendations. His research focuses on macroeconomics, banking, ...

Tommy Chrimes is a Senior Economist in the World Bank’s Prospects Group, where he contributes to a range of surveillance and analytical products on global economic and development issues. Previously, ...

Shijie Shi is a Data Scientist with the World Bank's Prospects Group, specializing in economic modeling and international macroeconomics. She contributes to the World Bank’s flagship report, Global ...

Carlos Arteta is the Manager of the Prospects Group at the World Bank, where he heads the work program on global macroeconomic surveillance, leads the Global Economic Prospects and the Commodity ...