TWENTY-FIVE years ago your correspondent hired a cellphone in Congo. Each day, it cost what a typical local made in several months. The handset was as heavy as a half-brick and only somewhat more ...

Residents look at the wreckage of a passenger bus that crashed and burned, killing 41, in Pakistan’s Balochistan province on Jan. 29, 2023. At least 20 people died after a speeding bus plunged into a ...

The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their ...

Out of approximately 195 countries, there are 152 developing countries in the world. An estimated 6.74 billion people in total live in these developing countries; an outstanding number when comparing ...

Developing countries face significant challenges in achieving their primary goals of poverty alleviation, reducing unemployment, and minimizing inequality. It’s shocking that “GREEN” policymakers are ...

We’re almost a quarter of the way through the 21st century, and the past 25 years or so have been a tale of two economies when it comes to bridging the gap between the world’s richest and poorest ...

The World Bank reports that 1 billion people across the globe can't prove their identity. This creates a variety of problems for citizens when it comes to accessing digital services. As one possible ...

IN ONE OF his final acts of global engagement, Pope Francis convened a Jubilee Commission of experts—including ourselves and other leading experts in debt and development—at the Vatican to address a ...

As climate change negotiations kicked off in Dubai, countries reached a historic agreement for a new fund to help developing countries which bear the brunt of climate impacts. More than $400 million ...

The Economic Issues series aims to make available to a broad readership of nonspecialists some of the economic research being produced on topical issues by IMF staff. The series draws mainly from IMF ...

If the new United Nations loss and damage fund lives up to the promise of its first full board meeting, it could be a game-changer for climate finance by speeding relief money to areas hit by ...