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World Bank Group

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Top World Bank Group Articles see all

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  • Haiti president, business leaders open new container port

    Haitian President Michel Martelly, business leaders and civic boosters inaugurated an $80 million container port Thursday aimed at giving the hemisphere's poorest country a bigger role in global shipping.
  • We're No. 8: California near top of world's largest economies

    We're No. 8: California near top of world's largest economies
    If California were a country, it would have the eighth-largest economy in the world, maintaining its ranking from July 2014. The latest figures for 2014 from the World Bank show that Brazil claimed seventh place with a gross domestic product of $2.346...

    Pope brings 'church for the poor' to South America's poorest

    Pope Francis is taking his "church for the poor" to three of South America's poorest and most peripheral countries, making a grueling, week-long trip that will showcase the pope at his unpredictable best: speaking his native Spanish on his home turf about...

    California slips back to No. 8 economy in world

    Less than a month after edging out Brazil, California has slipped back to its ranking as the eighth-largest economy in the world based off an update of global economic data released Wednesday. According to the World Bank, Brazil's gross domestic...

    World Bank urges China to embrace basic financial reforms

    China needs fundamental reform of its state-dominated financial system to keep economic growth on track, the World Bank said Wednesday. The communist government needs to address wasteful investment, over-indebtedness and weak regulation of its shadow...