Tag - world-bank

 
 

WORLD BANK

Delegates meet for the Development Committee Plenary during the World Bank and IMF 2024 Spring Meetings in Washington on Friday.
COMMENTARY / World
Apr 24, 2024
Negotiating a bigger, better World Bank
Recent changes at the global lender are important steps toward making the World Bank’s financial model fit for “ending poverty on a livable planet.”
The problem many developing countries have in repaying their debts might be even bigger than the world realizes, as many sovereign debts are hidden.
COMMENTARY / World
Apr 10, 2024
Tackling the world’s hidden debt problem
Low-income countries are struggling to repay their debts. Better transparency and accounting systems could help them tackle this challenge.
The world needs to avoid the mistakes and pitfalls that go with providing debt relief and should craft sustainable solutions for financially distressed nations. 
COMMENTARY / World
Mar 1, 2024
Developing countries’ never-ending debt crisis
Creditors have a role in resolving debt crises. This means all eyes are on China, which is the single most important creditor for debt distress.
International Monetary Fund Managing Director Kristalina Georgieva (right) speaks during the World Governments Summit in Dubai on Monday.
BUSINESS / Economy
Feb 13, 2024
IMF and World Bank warn Gaza and Red Sea chaos imperils global economy
The Israel-Hamas war and its knock-on effects could impact the world the longer the fighting drags on, IMF chief Kristalina Georgieva said.
Changes from the World Bank are part of broader reform efforts to expand the development lender's mission to tackle climate change and other global crises, and vastly enlarging its lending capacity.
BUSINESS / Economy
Feb 2, 2024
World Bank to offer access to emergency funds from existing loans
The move will offer nations hit by a hurricane, earthquake or pandemic a liquidity burst that could reduce hardship.
Ajay Banga, president of the World Bank Group, during a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 17
BUSINESS
Jan 23, 2024
World Bank chief eyes 'bigger' institution to tackle climate crisis
Ajay Banga said the bank is working to widen the way it looks at problems and increase collaborations with other institutions.
A road is flooded in Mehar, Pakistan, in August 2022.
WORLD
Nov 5, 2023
Climate negotiators reach framework to aid vulnerable countries
Delegates meeting in Abu Dhabi agreed late Saturday that the World Bank will host a new Loss and Damage Fund on an interim basis for four years.
A woman walks past a market in the southern Lebanese city of Sidon. Lebanon is one of nine Arab nations using an algorithm-powered poverty assessment formula funded by the World Bank that ranks welfare applicants according to dozens of different data points.
WORLD / Society
Oct 5, 2023
In Middle East, poor excluded from welfare by 'faulty' algorithms
Around the world, 40 countries use an algorithm-powered poverty assessment formula funded by the World Bank to rank welfare applicants.
A villager amongst the rubble of destroyed buildings following an earthquake near the town of Amizmiz, in the Al Haouz region of Morocco, on Sunday.
WORLD / Society
Sep 12, 2023
Morocco planning to hold IMF-World Bank meetings despite quake
The meetings in Marrakech were originally scheduled for 2021, but were postponed twice due to the COVID-19 pandemic.
Anti-World Bank protestors gather outside where the International Monetary and Financial Committee’s plenary session was being held in Washington in mid-April. 
COMMENTARY / World
Aug 28, 2023
The global order’s triple policy challenge and the tasks ahead
With public and private debt at record levels, political leaders face the monumental task of allocating resources to address critical global challenges.
Activists dressed as debt collectors call for finance action during a demonstration outside the IMF-World Bank headquarters in Washington in October 2021.
COMMENTARY / World
Jul 28, 2023
The World Bank reflects our ambition
In an environment of intertwined challenges, such as an existential climate crisis, pandemic recovery and a crippling European war, the World Bank has never been more relevant.
Japan Times
WORLD / ANALYSIS
Jun 24, 2023
Paris finance summit breaks new ground in climate and poverty fight
France hammered home a key underlying principle for the reforms under discussion — that 'no country should have to choose between fighting poverty and fighting for the planet.'
Japan Times
COMMENTARY / World
Jun 22, 2023
Making development bank lending safe for poor countries
The Macron Summit on global financing will seek to enhance fragile economies’ access to the funds needed to cope with development challenges.
Japan Times
BUSINESS / Women at Work
Jun 13, 2023
From Japan to the U.S. and back: Thriving as a woman in international finance
Chikako Matsumoto achieved her dream of joining the World Bank, and later returned to her home country and executive roles there.
Japan Times
COMMENTARY / World
May 28, 2023
Can the global economy avoid a lost decade?
The International Monetary Fund and the World Bank are now predicting a prolonged period of sluggish growth and declining investment.
Japan Times
BUSINESS / Economy
Mar 28, 2023
World Bank warns of 'lost decade' in global growth without bold policy shifts
Failure to reverse the expected slowdown in GDP growth would have profound implications for the world’s ability to tackle climate change and reduce poverty, new report claims.
Japan Times
COMMENTARY / World
Mar 24, 2023
What the World Bank can do about climate change
In addition to financial resources, the World Bank's greatest strength lies in its ability to generate evidence-based solutions, which it should apply to mitigating climate change.
Japan Times
COMMENTARY / World
Feb 28, 2023
Could a ‘greener’ World Bank be in the works?
The World Bank, the globe’s leading lender, should lead the fight against climate change.
Japan Times
BUSINESS
Feb 24, 2023
Activists blast Biden’s pick of a Wall Street insider for World Bank president
However, some supporters have said that Ajay Banga, who was raised in India, brings a different perspective to an institution whose leaders typically have been deeply embedded in the U.S.
Japan Times
BUSINESS
Feb 16, 2023
World Bank chief David Malpass to step down early amid climate criticism
In recent months, activists had called for Malpass to be ousted for what they said was an inadequate approach to the climate crisis.

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores