Stretching Sustainable Development Funds

May 05, 2018

The IFC deploys a novel approach to boost private sector development in emerging nations for maximum impact. The International Finance Corporation (IFC), a sister organization of the World Bank, is making a big push in the Asia-Pacific region. The IFC provides financing, advisory and other...

Can World Poverty Be Eradicated?

November 30, 2017

Extreme poverty rates continue to fall, but the current conditions might prove more difficult to overcome. As of 2015, the World Bank designates anyone surviving on less than $1.90 a day as living in extreme poverty. Based on estimates from 2013, 10% of the world’s population was living under...

The World This Week: Are Soaring Stock Markets Good for Global Economy?

January 08, 2017

An economic model where share prices of McDonald’s soar and mom-and-pop restaurants close may be efficient and convenient, but might not be equitable or soulful. This week, The Economist reported that stock markets had a good 2016. During the year, the S&P 500 rose by 11.1% and the Dow...