World Bank Development Economics

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We are the premier research and data arm of the World Bank. | The Development Economics Vice Presidency (DEC) increases understanding of development policies and programs by providing intellectual leadership and analytical services to the World Bank and the development community. It is the premier research and data arm of the World Bank. Under the leadership of the Vice President and World Bank Chief Economist Indermit Gill, DEC sets the Bank&#39;s research agenda and advises Bank Management on a wide range of development policy issues."> <meta property="og:title" content="World Bank Development Economics | LinkedIn"> <meta property="og:description" content="World Bank Development Economics | 37,083 followers on LinkedIn. We are the premier research and data arm of the World Bank. | The Development Economics Vice Presidency (DEC) increases understanding of development policies and programs by providing intellectual leadership and analytical services to the World Bank and the development community. It is the premier research and data arm of the World Bank. 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It is the premier research and data arm of the World Bank. Under the leadership of the Vice President and World Bank Chief Economist Indermit Gill, DEC sets the Bank's research agenda and advises Bank Management on a wide range of development policy issues. 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class="!text-xs text-color-text-low-emphasis leading-[1.33333] m-0 truncate">  37,083 followers </p> <span class="!text-xs text-color-text-low-emphasis leading-[1.33333] flex"> <time class="flex-none"> 2d  </time>  </span> </div>  </div> <div class="ellipsis-menu absolute right-0 top-0 !mr-0.5" data-test-id="main-feed-activity-card__ellipsis-menu"> <div class="collapsible-dropdown flex items-center relative hyphens-auto"> <button class="ellipsis-menu__trigger collapsible-dropdown__button btn-md btn-tertiary cursor-pointer !py-[6px] !px-1 flex items-center rounded-[50%] " aria-expanded="false" aria-label="Open menu" data-tracking-control-name="organization_guest_main-feed-card_ellipsis-menu-trigger" tabindex="0"> <icon class="ellipsis-menu__trigger-icon m-0 p-0 centered-icon" data-delayed-url="https://static.licdn.com/aero-v1/sc/h/671xosfpvk4c0kqtyl87hashi"></icon> </button> <ul class="collapsible-dropdown__list hidden container-raised absolute w-auto overflow-y-auto flex-col 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data-tracking-control-name="organization_guest_main-feed-card-text" data-tracking-will-navigate>#climate</a> risks in South Asia? 🌡️ In a new working paper, <a class="link" href="https://www.linkedin.com/in/a-patrick-behrer-66394811?trk=organization_guest_main-feed-card-text" target="_self" data-tracking-control-name="organization_guest_main-feed-card-text" data-tracking-will-navigate>A. Patrick Behrer</a>, <a class="link" href="https://www.linkedin.com/in/jonah-rexer-8b770373?trk=organization_guest_main-feed-card-text" target="_self" data-tracking-control-name="organization_guest_main-feed-card-text" data-tracking-will-navigate>Jonah Rexer</a>, <a class="link" href="https://www.linkedin.com/in/siddharth-sharma-5341041ab?trk=organization_guest_main-feed-card-text" target="_self" data-tracking-control-name="organization_guest_main-feed-card-text" data-tracking-will-navigate>Siddharth Sharma</a>, and <a class="link" href="https://www.linkedin.com/in/margaret-maggie-triyana-7b328024?trk=organization_guest_main-feed-card-text" target="_self" data-tracking-control-name="organization_guest_main-feed-card-text" data-tracking-will-navigate>Margaret (Maggie) Triyana</a> use high-resolution spatial data to examine how households and firms in <a class="link" href="https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fsouthasia&trk=organization_guest_main-feed-card-text" target="_self" data-tracking-control-name="organization_guest_main-feed-card-text" data-tracking-will-navigate>#SouthAsia</a> are exposed to extreme heat and floods. The study finds that poorer households in both urban and rural areas are more exposed to extreme heat. However, the relationship between wealth and flooding exposure is more complex: rural households with higher wealth face greater flood exposure, as fertile agricultural lands are often located in flood-prone areas. Among firms, smaller non-agricultural businesses are more exposed to climate risks than their larger counterparts, particularly in urban areas. This research highlights the importance of leveraging granular data to identify vulnerabilities and design targeted, pro-poor climate resilient policies that address inequalities in exposure to climate shocks. Read more: <a class="link" href="https://lnkd.in/dr4ugEWR?trk=organization_guest_main-feed-card-text" target="_self" rel="nofollow" data-tracking-control-name="organization_guest_main-feed-card-text" data-tracking-will-navigate>https://lnkd.in/dr4ugEWR</a></p>  </div> <ul class="grid grid-cols-6 grid-rows-[60%_40%] w-main-feed-card-media feed-images-content list-none pl-0 " data-test-id="feed-images-content"> <li class="bg-color-background-container-tint text-[0px] col-span-full row-span-full " data-test-id="feed-images-content__list-item" data-position="0"> <img class="lazy-load w-full object-cover object-center h-full babybear:max-h-[400px]" data-delayed-url="https://media.licdn.com/dms/image/v2/D4D22AQGMKpmcL8v9XQ/feedshare-shrink_2048_1536/feedshare-shrink_2048_1536/0/1732645788110?e=2147483647&v=beta&t=6y8wUZkP_lhGsUF_5Bdl6jMRTf9zUdgBARl8FFC8tv8" data-ghost-url="https://static.licdn.com/aero-v1/sc/h/921ynb2z53z33mhm3061qvjag" alt="No alternative text description for this image">  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text-color-text !text-sm whitespace-pre-wrap break-words " dir="ltr" data-test-id="main-feed-activity-card__commentary">Who benefits from <a class="link" href="https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fdatatransparency&trk=organization_guest_main-feed-card-text" target="_self" data-tracking-control-name="organization_guest_main-feed-card-text" data-tracking-will-navigate>#datatransparency</a> in uncertain times? <a class="link" href="https://lnkd.in/dREEZTag?trk=organization_guest_main-feed-card-text" target="_self" rel="nofollow" data-tracking-control-name="organization_guest_main-feed-card-text" data-tracking-will-navigate>https://lnkd.in/dREEZTag</a> Our new blog highlights findings from a recently published paper on the powerful role of credible and timely data in driving economic growth—particularly during periods of uncertainty. Data transparency has been shown to: ✔️ Increase scientific research and macroeconomic forecasting. ✔️ Bolster public confidence in policymaking. ✔️ Reduce the costs of public debt. ✔️ Enhance the effectiveness of monetary policies. But can it actually enlarge the economic pie? Dive into the full piece with @Daniel Lederman & <a class="link" href="https://www.linkedin.com/in/asif-islam-522b2a3?trk=organization_guest_main-feed-card-text" target="_self" data-tracking-control-name="organization_guest_main-feed-card-text" data-tracking-will-navigate>Asif Islam</a> for insights on how data systems can work as a cost-effective and impactful policy tool for sustainable development. <a class="link" href="https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fdatafordevelopment&trk=organization_guest_main-feed-card-text" target="_self" data-tracking-control-name="organization_guest_main-feed-card-text" data-tracking-will-navigate>#DataForDevelopment</a> </p>  </div> <ul class="grid grid-cols-6 grid-rows-[60%_40%] w-main-feed-card-media feed-images-content list-none pl-0 " data-test-id="feed-images-content"> <li class="bg-color-background-container-tint text-[0px] col-span-full row-span-full " 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At the recent conference Italy and the World Bank Group: Partnering for Africa's Prosperity, Ajay Banga emphasized the importance of the World Bank Group Institute for Economic Development in fostering global collaborations and sharing <a class="link" href="https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fideas4impact&trk=organization_guest_main-feed-card-text" target="_self" data-tracking-control-name="organization_guest_main-feed-card-text" data-tracking-will-navigate>#Ideas4Impact</a> to address critical development challenges. 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text-color-text !text-sm whitespace-pre-wrap break-words " dir="ltr" data-test-id="main-feed-activity-card__commentary">HAPPENING TODAY AT 12:30 ET! With only 24% of greenhouse gases subject to a price and net <a class="link" href="https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fcarbon&trk=organization_guest_main-feed-card-text" target="_self" data-tracking-control-name="organization_guest_main-feed-card-text" data-tracking-will-navigate>#carbon</a> pricing of only $4 per ton of CO2, the world is quickly depleting the carbon budget needed to limit global warming. Climate finance can help, but issues like <a class="link" href="https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fgreenwashing&trk=organization_guest_main-feed-card-text" target="_self" data-tracking-control-name="organization_guest_main-feed-card-text" data-tracking-will-navigate>#greenwashing</a> and misaligned incentives are major barriers to effectively scaling up needed investments. 🌏🌡 At 12:30, join a live discussion with <a class="link" href="https://www.linkedin.com/company/the-world-bank?trk=organization_guest_main-feed-card-text" target="_self" data-tracking-control-name="organization_guest_main-feed-card-text" data-tracking-will-navigate>The World Bank</a> Economists <a class="link" href="https://www.linkedin.com/in/federica-zeni-b653596b?trk=organization_guest_main-feed-card-text" target="_self" data-tracking-control-name="organization_guest_main-feed-card-text" data-tracking-will-navigate>Federica Zeni</a>, <a class="link" 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href="https://www.linkedin.com/company/the-world-bank?trk=organization_guest_main-feed-card-text" target="_self" data-tracking-control-name="organization_guest_main-feed-card-text" data-tracking-will-navigate>The World Bank</a>'s Subnational Business Ready study show potential for improving business regulatory processes. The findings indicate significant disparities in public service delivery and operational efficiency in all 40 cities assessed across Bulgaria, Croatia, Hungary, Portugal, Romania, and the Slovak Republic. The Subnational <a class="link" href="https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fbusinessready&trk=organization_guest_main-feed-card-text" target="_self" data-tracking-control-name="organization_guest_main-feed-card-text" data-tracking-will-navigate>#BusinessReady</a> report also emphasize the need for better digital services for building and environmental permitting. Read our new blog by Subnational Business Ready Manager <a class="link" href="https://www.linkedin.com/in/valentina-saltane-35193426b?trk=organization_guest_main-feed-card-text" target="_self" data-tracking-control-name="organization_guest_main-feed-card-text" data-tracking-will-navigate>Valentina Saltane</a> and explore actionable insights for policymakers to reduce regulatory bottlenecks and foster a cohesive business environment: <a class="link" href="https://lnkd.in/dwfDQvTu?trk=organization_guest_main-feed-card-text" target="_self" rel="nofollow" data-tracking-control-name="organization_guest_main-feed-card-text" data-tracking-will-navigate>https://lnkd.in/dwfDQvTu</a></p>  </div> <ul class="grid grid-cols-6 grid-rows-[60%_40%] w-main-feed-card-media feed-images-content list-none pl-0 " data-test-id="feed-images-content"> <li class="bg-color-background-container-tint text-[0px] col-span-full row-span-full " data-test-id="feed-images-content__list-item" data-position="0"> <img 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text-color-text !text-sm whitespace-pre-wrap break-words " dir="ltr" data-test-id="main-feed-activity-card__commentary">How does financial misallocation affect productivity and economic growth? <a class="link" href="https://lnkd.in/ea6FaE9h?trk=organization_guest_main-feed-card-text" target="_self" rel="nofollow" data-tracking-control-name="organization_guest_main-feed-card-text" data-tracking-will-navigate>https://lnkd.in/ea6FaE9h</a> Even though efficient financial resource allocation is critical for unlocking firm productivity and driving sustainable economic development, financial frictions and distortions often stand in the way. Young, small, and highly productive firms are disproportionately affected. In our new blog, <a class="link" href="https://www.linkedin.com/in/cusolito-ana-3111229?trk=organization_guest_main-feed-card-text" target="_self" data-tracking-control-name="organization_guest_main-feed-card-text" data-tracking-will-navigate>Cusolito Ana</a>, <a class="link" href="https://www.linkedin.com/in/rfattaljaef?trk=organization_guest_main-feed-card-text" target="_self" data-tracking-control-name="organization_guest_main-feed-card-text" data-tracking-will-navigate>Roberto N. Fattal Jaef</a>, Davide S. Mare and <a class="link" href="https://www.linkedin.com/in/akshat-vikram-singh-295578299?trk=organization_guest_main-feed-card-text" target="_self" data-tracking-control-name="organization_guest_main-feed-card-text" data-tracking-will-navigate>Akshat Vikram Singh</a> explore the complex relationship between financial resource allocation and real input allocation. 🖱️ Read for insights on actionable insights that drive growth.</p>  </div> <ul class="grid grid-cols-6 grid-rows-[60%_40%] w-main-feed-card-media feed-images-content list-none pl-0 " data-test-id="feed-images-content"> <li class="bg-color-background-container-tint text-[0px] col-span-full row-span-full " data-test-id="feed-images-content__list-item" data-position="0"> <img class="lazy-load w-full object-cover object-center h-full babybear:max-h-[400px]" 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target="_self" data-tracking-control-name="organization_guest_main-feed-card-text" data-tracking-will-navigate>The World Bank</a> Land Conference 2024, held in May, provided a platform for innovative discussions and research. You can revisit these sessions and presentations on land and labor markets, titling, climate shocks, urban planning, taxation, and more by clicking here: <a class="link" href="https://lnkd.in/dwAX2TJK?trk=organization_guest_main-feed-card-text" target="_self" rel="nofollow" data-tracking-control-name="organization_guest_main-feed-card-text" data-tracking-will-navigate>https://lnkd.in/dwAX2TJK</a> Looking for more insights on land policies and growth? 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