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The World Bank’s twin goals of eliminating extreme poverty while promoting shared prosperity will be paramount for its incoming president, Ajay Banga. In the face of conflicting interests and pressing needs, how can the Bank selectively and effectively employ global public goods to think globally while accommodating regional requirements?
A growing proportion of climate-vulnerable countries are already in or at risk of being in a financial crisis
Climate change is set to transform the nature we live in, threatening the poor and vulnerable more than anyone else. Many people have suggested including “resilience” as a central criterion of development.
Cem Karayalcin and Harun Onder discuss the distinction between resistince and fragility and how both concepts shed light on how well natural and economic systems can cope with climate shocks.
The annual jamboree came at a time when the world is dealing with multiple conflicts, including economic and geopolitical.