World Bank

Jim Yong Kim

World Bank announces Jim Yong Kim resignation

8th January 2019

World Bank announces Jim Yong Kim resignation The World Bank President Jim Yong Kim has suddenly resigned which is nearly three years before the end of his term. He announced that he shall vacate office from next month. The resignation of Jim Yong Kim opens a vacancy at the World Bank which United States is […]

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Photo: World Bank Chief Economist Paul Romer

World Bank Chief Economist Paul Romer Resigns

26th January 2018

World Bank Chief Economist Paul Romer Resigns Josh Zumbrum writing for the Wall Street Journal has reported the resignation of World Bank Chief Economist Paul Romer. He resigned yesterday exactly 2 weeks after he apologized to Chile on how the nation was treated in the recent World Bank reports on Ease of Doing Business. Jim […]

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Me reading books this week

My Crazy Reading List of the week

6th November 2017

My Crazy Reading List of the week This week I’ve made a resolution to read intensively on the topics listed below. I’m going to read each and every document listed below and share a summary of findings under each title. This means I’ll dedicate hours and hours of in-depth reading. This is a challenge I’ve […]

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World Bank Grounds Needs to Do More

16th October 2017

World Bank Group (WBG) Needs to Do More Taxation is the leading source of income for many developing countries around the world according to World Bank Group (WBG). In the past, we’ve observed capital controls and protectionism as a means for developing countries to protect their industries from global competition. It is sad that a […]

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Professor Anul Muhammad Opposes Coal-Plant in Bangladesh

24th June 2017

Anul Muhammad a Great defender of Mangrove Forests in Bangladesh Anul Muhammad is a veteran academic and activist from Bangladesh. This is not the first time that the professor is facing threats, beatings and persecution. He is a professor of economics. Below is the content of a chilling text message he received from the Al-Qaida […]

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Blog4Dev and win a trip to Washington DC

6th January 2017

World Bank has announced an opportunity for young bloggers to get a chance for training  and visit World Bank headquarters in Washington DC through Blog4Dev. Applications are invited from Kenya, Uganda and Rwanda. The common requirements for the three countries are as follows: Aged between 18 to 28 years living in your home country (Rwanda, Uganda […]

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Bank interest rates have been capped in Kenya. What next?

24th August 2016

The Banking (Amendment) Bill, 2015 was signed by President Uhuru Kenya. It will be used to cap bank lending interest rates. The banks hands will be tied in terms of how much they should charge on loans and pay depositors.   Currently, the Central Bank Rate (CBR) stands at 10.5% meaning that the banks cannot […]

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World Bank and IMF Meets a Worthy Challenger!

1st April 2016

For many years the World Bank Group and IMF have enjoyed a monopoly in global development finance. Critics have always castigated the IMF and World Bank for having loans conditionalities focusing on liberalization of trade, finance and investment sectors. The two development banks have not been able to resolve economic problems in member countries. As […]

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Lawrence “Larry” Summers: A great economist by all standards!

22nd August 2013

Lawrence “Larry” Summers is an American Economist who was born on 30th November, 1954. He is currently a candidate as a Fed Reserve chair. Lawrence Summers has always been in the middle of controversies in his academic and political career. He has severally reached what others consider the pinnacle of life’s work.  Position Institution Period Professor […]

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