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The Development Research Group at a Glance

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ISOT 2025
Event May 05, 2025

The Journal of International Economics, Banque de France, Centre for Economic Policy Research, World Bank, and University of Surrey invite you to the inaugural edition of the International Seminar on Trade (ISoT). ISoT focuses on recent advances in empirical, theoretical, and quantitative international trade.

The inaugural edition of ISoT will take place on May 5-6, 2025 at World Bank headquarters in Washington, DC.

Cover of the publication
Report Launch Mar 13, 2025

A new report from the World Bank Group, Financing Firm Growth, explores the surge in capital market financing in low- and middle-income countries from 1990 to 2022. Drawing on data from nearly 80,000 firms worldwide, the study shows how capital markets have been a key driver of investment and job creation in developing countries.

Join authors Cesaire Meh (Manager, Macro and Market Risk, IFC) and Sergio Schmukler (Research Manager, Macroeconomics and Growth, Development Research Group) and other experts to learn the main approaches and policies driving this expansion.

Postcard for the 9th Urbanization and Development Conference
Event Jun 11, 2025

The 9th Urbanization and Development Conference on Urban Economics in Action: Addressing African Cities' Challenges will bring together academics, policy makers, and development practitioners to discuss how economics research can help inform urban policy decisions and the allocation of scarce resources to build productive, livable, and sustainable cities in Africa.

Preregistration for the event is now open. Taking place in Cape Town, South Africa on June 11-12, 2025, this annual event is a key global forum for stakeholders working on urbanization—don't miss it! 

jobs sewing
Publication Feb 19, 2025

As World Bank President Ajay Banga has emphasized, jobs don’t exist in isolation—they require both prepared workers and accessible opportunities. 

This edition of Research Insights explores both sides of this challenge, examining supply-side policies that equip workers with skills while addressing barriers that constrain labor demand.

Research Insights aims to bridge the gap between complex research and practical application, fostering informed decision-making and effective policy design.

Blogs

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    Research Newsletter

    Global Prosperity Gap: The World Bank’s new measure for shared prosperity

    The World Bank has adopted two new measures to track shared prosperity: the Global Prosperity Gap and the number of economies with high inequality. The Global Prosperity Gap, like the reduction in poverty, has been reduced considerably over the past three decades. The figures below report the trends (panel a) and contributions (panel b) for all world regions from 1990 to 2024.

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