Over three dozen ex-World Bank officials have backed Nigerian finance minister Ngozi Okonjo-Iweala’s bid for the World Bank’s presidency. But does she stand a real chance of becoming the institution’s first non-U.S. leader? […]
Over the past several decades, the World Bank has broadened its approach to growth and poverty reduction by moving beyond hard infrastructure initiatives to systemic reforms in education and health care and the development of social safety nets. […]
After extensive negotiations, Europe has agreed to a new bailout package for Greece, but the deal comes with new, strict conditions. […]
Despite delays, the Greek rescue package will almost certainly be approved in the coming days. Whether or not the deal will prove to be sustainable is a much more difficult question. […]
Europe is trying to solve its economic problems through further fiscal integration and greater financial oversight, but fears are high that the steps taken thus far are not enough to stem the crisis. […]
Like European leaders in their summit the week before, the G20 failed to put forward concrete steps that will resolve the European debt crisis and stabilize global financial markets. […]
How can Arab economies better leverage regional and global trade to restart growth and drive economic and social development? The following dimensions will be addressed: Global growth markets, Relations with developed economies, Diversification of economic output for high value trade […]
Europe has little time left to address the underlying weaknesses in its monetary union in order to prevent economic collapse. […]
Today, the big economic risks come not from the United States, but from European countries struggling to figure out a long term solution to sovereign debt and the weak institutional underpinnings of the euro. […]
Financial market turmoil and U.S. debt woes threaten to undermine the global recovery, but the biggest danger to the world economy comes from Europe and its worsening debt crisis. […]
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