World Bank | Business| Economy and finance news from a German perspective | DW | 29.12.2015

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World Bank

The World Bank serves as an international financial institution granting loans to developing countries. The recipients have to pledge structural reforms in return.

The World Bank's official objective No. 1 is to reduce poverty. This page collates recent DW content on the lender's activities.

Symbolbild - Handys in Afrika

Africa loses billions due to high cost of remittances 24.04.2018

Billions of dollars in remittances flowed to Africa in 2017. The money could go further if it wasn't more expensive to send money to Africa than anywhere else in the world, a new World Bank study finds.

USA Beginn Frühjahrstreffen IWF und Weltbank Christine Lagarde

IMF seeks to crack down on corruption, World Bank boosts lending capacity 22.04.2018

The IMF is calling on wealthier countries to limit potential safe havens for dirty money. Meanwhile, the World Bank has approved a large increase in lending capacity.
USA Beginn Frühjahrstreffen IWF und Weltbank Christine Lagarde

IMF, World Bank kick off spring meetings on dour note 19.04.2018

Opening the sessions of the two global lenders, IMF chief Christine Lagarde has warned governments about harming global trade and investment through unilateral measures even when disagreements exist.
USA Weltbank Sitz in Washington

World Bank upgrades growth outlook on strengthening recovery 10.01.2018

The global lender has surprised analysts by predicting better-than-expected global growth. But the bank also warned of fading potential mainly in advanced economies due to aging populations.

Frankreich One Planet Summit in Paris Macron mit Teilnehmern

Investors outperform nations at Paris climate summit 12.12.2017

Two years on from the Paris Agreement, a summit in the French capital has mobilized investors to fight global warming. But critics say that when it comes to government funding, France in particular needs to do more.

Investors look to Uzbekistan as business environment improves 27.11.2017

Uzbekistan's years of economic isolation ended with the death of the country’s long-time ruler, Islam Karimov, in 2016. This year, the World Bank named Uzbekistan one of its top 10 improvers this year for ease of doing business, ranking it ahead of China but below Russia.

Pacific islands threatened by climate change 07.09.2017

Climate change worries take center-stage at Pacific Island Forums. Eighteen heads of state are trying to find solutions to climate change induced chaos as the World bank cautions action needs to be taken soon.

'Moderate' outlook for Ethiopia's economy 21.08.2017

Ethiopia is among the world's poorest countries. Despite that - or perhaps because of it - its economy has been expanding strongly since 2003, at an average of 10% per year. At the beginning of August, ratings agency Moody's gave Ethiopia a "moderate" outlook for its low debt burden and affordable interest payments. But it warned of the country's political risks and regional tensions.
Deutschland G20

Microfinance - 'it has symbolic value' 20.07.2017

Essma Ben Hamida, co-founder of Tunisian microcredit institution Enda, was present when Ivanka Trump helped launch a loan program for women at the recent G20 summit in Hamburg. DW spoke to her in Tunis.

Hamburg - G20-Protestcamps

A brief history of the anti-globalization movement 06.07.2017

Whenever heads of state and global financial institutions come together, protest is not far away. Critics of globalization have been taking action for 20 years - also in the name of nature. DW looks back.

Child labor in Iraq 12.06.2017

Today - 12 June - is World Day Against Child Labor. It was launched 15 years ago by the United Nations' International Labor Organization. According to estimates by UNICEF, the ILO and the World Bank, 168 million children and adolescents between 5 and 17 years of age - 11 percent - are obliged to work under conditions that deprive them of basic rights and opportunities.
Jim Yong Kim

World Bank sees global economy on the up 05.06.2017

Despite growing tendencies towards protectionism and some political uncertainty, the World Bank sees a positive outlook for the world economy in 2017 and beyond. But the UK's election is its next challenge.
Libanon Beirut - Syrische Familie

Syrians in Lebanon: 'They treat us like we are dirty' 01.06.2017

Lebanon is home to some 1.5 million Syrian refugees, who get blamed for dragging the economy down. Though false, the slurs effectively make them the target of xenophobic attacks, reports Anchal Vohra from Beirut.
Grenze Ghana - Elfenbeinküste

Africa's untapped free trade potential 26.05.2017

Many African countries are better connected with the rest of the world than they are with each other. New free trade agreements are being discussed in the hope of opening up the African market.

IWF Direktorin des Internationalen Währungsfond, Christine Lagarde

Differences cloud IMF, World Bank meetings 20.04.2017

Semi-annual meetings of the two institutions have kicked off in Washington, with IMF chief Christine Lagarde making a passionate plea for free trade, while downplaying differences with the Trump administration.
Flüchtlinge aus Mali in Flüchtlingslager in Niger

New WHO report raises alarm on dirty water 13.04.2017

The World Health Organization says nearly two billion people on the planet do not have access to clear drinking water. The new report urges considerable increases in revenue to meet the growing demand for clean water.
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