The tricky work of measuring falling global poverty

  “THIS is the best news story in the world,” said Jim Yong Kim, the president of the World Bank, of the announcement this month that the proportion of the world living in poverty is now in single digits, at 9.6%. The claim has rekindled a long smouldering debate over the reliability of such statistics. […]

Doing Business Report Finds More than 60% of World’s Economies Improved Their Business Rules in Past Year

Measuring Regulatory Quality and Efficiency finds that 85 developing economies implemented 169 business reforms during the past year, compared with 154 reforms the previous year. High-income economies carried out an additional 62 reforms, bringing the total for the past year to 231 reforms in 122 economies around the world. The majority of the new reforms during the past year […]

IMF Executive Board Concludes Ex Post Evaluation of the 2011 Stand-by Arrangement with St. Kitts and Nevis

The Executive Board of the International Monetary Fund (IMF) concluded the Ex Post Evaluation1 of the 2011–14 Stand-by Arrangement with St. Kitts and Nevis. St Kitts and Nevis, a member of the Eastern Caribbean Currency Union, requested a three-year Stand-by Arrangement with IMF in the midst of debt crisis following the Global Financial Crisis (GFC). […]