The Development Policy Group (DECDP) plays a central role in managing DEC's operational review process and supporting key corporate initiatives, including the World Bank Group's evolution process and the new Knowledge Compact.
Research Dissemination
Central to DECDP's mandate is the effective dissemination of new research findings. It oversees the Policy Research Working Papers series, fostering innovative economic analysis; as well as administering funding for policy research through its Knowledge for Change Program.
Knowledge Dissemination and Events
DECDP coordinates high-profile events such as lectures, conferences, and the renowned Annual Bank Conference on Development Economics. It recently organized the inaugural Growth Academy, a two-week collaborative initiative with the University of Chicago's Becker Friedman Institute for Economics. These events aim to advance knowledge among researchers and policymakers while fostering innovative solutions for global growth challenges.
Policy Implementation and Collaboration
DECDP oversees the implementation of priorities identified by the Senior Vice President and Chief Economist. It works to strengthen DEC’s relations with the regions and verticals.
Publications
DECDP is responsible for overseeing the production of several flagship publications, including:
- The annual World Development Report
- The biennial Poverty, Prosperity, and Planet Report produced in collaboration with the Prosperity vertical.
Scholarship Program
Launched in 1987, the Joint Japan/World Bank Graduate Scholarship Program (JJ/WBGSP) provides financing for mid-career professionals from eligible countries to study a master’s program abroad for up to 24 months. To date, the Program has awarded over 7,000 scholarships across 160 countries.
Through these efforts, DECDP serves as an essential link between research, policy formulation, and practical application in development economics, both within the World Bank and the broader development community.
