Spending smarter: A powerful growth strategy
With high public debt and weak medium-term growth, finance ministries seek to do more with less. This column argues that efficiency gaps in public spending
How IFC is mobilizing capital for sustainable urban growth
Urbanization offers tremendous opportunities for job creation and economic growth, which can only be realized if cities invest in the infrastructure needed to support their
From policy to results: How legal solutions drive development impact
Strong legal systems are essential to the goals of the world’s development agenda. They enable governments and institutions to design and implement the policies, laws, and
Sustained growth through creative destruction: Nobel laureates Philippe Aghion and Peter Howitt
Philippe Aghion and Peter Howitt have been jointly awarded the 2025 Nobel Prize in Economic Sciences with Joel Mokyr ‘for having explained innovation-driven economic growth’.
Empowering youth with opportunities and jobs to end poverty
At the beginning of my advocacy journey, I often searched for affordable ways to present myself at events. A friend of mine had launched a
Re-imagining South Africa’s state structure for inclusive growth
When economies lose momentum and stagnation becomes entrenched, a shift in thinking and action is imperative. So urged Kofi Annan at a Davos panel decades
European exports in geopolitical storms
With demand from US and China weakening, the EU can boost trade by focusing on other markets and strengthening global partnerships. The global trading system
Infrastructure diplomacy in the shadow of the Belt and Road: Lessons from Japan’s experience
Infrastructure diplomacy has become a central arena for strategic competition. This column examines how China’s Belt and Road Initiative has reshaped Japan’s overseas infrastructure engagement
Assessment of disruptive innovation in science and technology policy: Insights from meta-science research trends
Technological innovation, including disruptive innovation, is a driving force for economic growth and social change, but early identification of such technologies and assessments of their
Local problems, local solutions: The need for advanced skills and R&D in the developing world
Education is part of the enabling infrastructure required for jobs, social development, and future economic growth. Unfortunately, low- and middle-income countries face an urgent skills
