World Bank

More from the Series

Blog Post

The World Bank’s Poverty Statistics Lack Median Income Data, So We Filled In the Gap Ourselves — Download Available

February 06, 2016
PovcalNet, the World Bank’s global poverty database, provides all kinds of country statistics, including mean income, the share (and number) of the population living in absolute poverty ($1.90), the poverty gap and several measures of income inequality, such as the Gini coefficient. But one th...
Blog Post

The World Bank Is Turning 70. Do We Still Need It?

February 01, 2016
The World Bank opened in 1946 to finance a global economy just emerging from colonization and warfare and just embarking on the Cold War. Today the global development landscape is radically different, and capital circles the globe at volumes unthinkable back then. Why keep the World Bank now?
WORKING PAPER

The New Role of the World Bank - Working Paper 421

January 25, 2016
Many developing countries need the World Bank’s capital less and less. What role should the Bank play in the 21st century? This paper argues that many features of the Bank today reflect a new role. That role, resting on the economic theory of bargaining and public good provision, is to reduce ...