A Development Agenda

Straight Talk: Path to Development

Christine Lagarde

Christine Lagarde

International partnership, commitment, and flexibility are essential to improve the global condition.

Global Policy Agenda

Is the Glass Half Empty or Half Full?

Half Empty Half Full

Kalpana Kochhar, Catherine Pattillo, and Yan Sun

Getting incentives right can go a long way toward managing water challenges while protecting the poor.

Water for African cities

A Quest for Quality

Montfort Mlachila, René Tapsoba, and Sampawende Tapsoba

High growth alone will not improve social conditions.

Inclusive future

Picture This: Global Goals

Natalie Ramírez-Djumena

Governments put forward 17 goals to respond to global challenges.

Picture This Chart

Sustainable Development Goals

Also in this Issue

The Toll of Terrorism

Subhayu Bandyopadhyay, Todd Sandler, and Javed Younas

Terrorists not only exact a direct human cost, they can cause innumerable economic problems too.

A Chain Unbroken

A chain unbroken

Marja Ruotanen, Gianluca Esposito, and Petya Nestorova

Outlawed almost everywhere, slavery lives on in the dark recesses of the global economy.

Continental Reach

Alexandra Born and Paul Mathieu

African banking groups are expanding across the region, challenging traditional players and supervisors.

The Rich and the Great Recession

The Rich and the Great Recession

Bas Bakker and Joshua Felman

Focusing on middle-class behavior to explain the boom and bust in the United States may be too narrow.

Stymied Reform

John Kiff

The move to revamp over-the-counter derivatives markets is progressing, but well behind schedule.

Capital Idea

Selim Elekdag and Dirk Muir

By increasing spending on infrastructure, Germany will help not only itself, but the entire euro area.

Infrastructure investment

From the Editor

Once in a Generation

World leaders will come together three times this year—in July, September, and December—to press for progress in the fight against poverty and to forge partnerships in support of better-quality life around the world.

Multimedia

Jobs, growth, and fairness in the Arab world

Help Wanted

Hyun-Sung Khang

When a young person is jobless, it also damages family, community,
and country.

The scandal of youth unemployment

Four Years after the Spring

Adnan Mazarei and Tokhir Mirzoev

Despite progress, the Arab countries in transition still must correct some fundamental weaknesses in their economies.

Jobs, growth, and fairness in the Arab world

Currency Notes

Paperback Builders

Currency

Simon Willson

South Africa pays tribute to the country’s diversity in its latest currency design.

Mandela is the new face of
South Africa banknotes