Regions

Poverty reduction

Fragile States Need Customized Support to Strengthen Institutions

September 21, 2023

Tobias Adrian, Franck Bousquet, Dominique Desruelle, Vitor Gaspar, Bert Kroese

In the most vulnerable countries, strengthening state capacity must adapt to more frequent economic shocks, greater political instability, and fewer resources

Countries Can Tap Tax Potential to Finance Development Goals

September 19, 2023

Vitor Gaspar, Mario Mansour, Charles Vellutini

Emerging market and low-income economies have a significant untapped tax potential of 8 percent to 9 percent of GDP

Financial sector stability

Financial Stability Needs Supervisors With the Ability and Will to Act

September 18, 2023

Tobias Adrian, Fabiana Melo, Marina Moretti, Jay Surti

Supervisors in many countries face conditions that limit their effectiveness. Raising the bar requires independence with clear mandates, enhanced powers, greater resources, and more effective approaches.

Global Debt Is Returning to its Rising Trend

September 13, 2023

Vitor Gaspar, Marcos Poplawski-Ribeiro, Jiae Yoo

Although global debt recorded another significant decline in 2022, it is still high, with debt sustainability remaining a concern

Economic growth

Market Reforms Can Stabilize Debt and Foster Growth in Developing Countries

September 12, 2023

Gabriela Cugat, Carlo Pizzinelli

Countries that enacted reforms saw their debt-to-GDP ratios fall by 3 percentage points, on average, over a multi-year period

Harnessing GovTech to Tax Smarter and Spend Smarter

September 7, 2023

David Amaglobeli, Ruud de Mooij, Mariano Moszoro

Digitalization, done right, can equip governments to improve revenue collection and spending efficiency.

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