Publications

2013
Book

Entrepreneurship and Multinationals: Global Business and the Making of the Modern World

By: Geoffrey Jones

This book examines the history of entrepreneurship and multinationals in the making of the modern world. In recent years economists, historians, and political scientists have written extensively on the history of globalization and patterns of global wealth and poverty,... View Details

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05 Nov 2021
Op-Ed

Is the Business World Finally Ready for the Wisdom of Shibusawa?

Eiichi Shibusawa continues to gain influence in Japan—even though he died almost a century ago. Japan’s government announced earlier this year that the 19th century business leader would be the face on 10,000 yen ($90) bank notes—the highest value denomination in... View Details

Keywords: by Geoffrey Jones and Rei Morimoto; Financial Services; Retail

December 2013 (Revised April 2014)
Case

Seeding Growth in the Democratic Republic of the Congo

By: Ray Goldberg, Carin-Isabel Knoop and Djordjija Petkoski

By 2013, the agricultural sector in the Democratic Republic of the Congo (DRC) had long suffered from war, political instability, and dilapidated infrastructure. A country with 75 million inhabitants and the second lowest GDP per capita in the world in 2011, the DRC's... View Details

Keywords: National Agricultural Investment Plan (PNIA); Developing Agriculture; World Bank; Poverty Reduction; Special Economic Zones (SEZs); Small-scale Farmers; Agricultural Business Parks; Agriculture Reform; Agribusiness; Economic Growth; Infrastructure; Agriculture and Agribusiness Industry; Africa; Congo, Democratic Republic of the

01 Jun 2000
News

World Bank's Wolfensohn Highlights Challenges, Increased Role for Private Sector

World Bank's Wolfensohn Highlights Challenges, Increased Role for Private Sector Describing his organization's mission as one focused on issues of poverty and equity, World View Details

24 Jul 2018
Op-Ed

4 Ways Managers Can Exercise Their 'Agency' to Change the World

harness the power of business to address some of society’s most significant problems, not as a separate part of employees’ lives—businessperson by day, volunteer by night—but as an integrated whole, working in a profitable company that also does the View Details

Keywords: by George Serafeim

22 Apr 2021
News

Leading for a Better World in Boston; Virtual Event Showcases Japan Fellowship

which connects farmers to food banks to reduce food waste and feed needy communities; Anne Hayes, executive director of The Food Project, which deploys youth and young adults from diverse backgrounds to work on farms and in urban gardens... View Details

Keywords: Margie Kelley

01 Sep 2020
News

Road Work

world where business content and financial products and services will be integrated seamlessly into the member experience—all driven by unique user data and machine learning models.”It’s a development that ties in with Camino’s mission to... View Details

Keywords: banking; LatinX; small businesses; COVID-19; Finance

2012
Working Paper

Leviathan in Business: Varieties of State Capitalism and Their Implications for Economic Performance

By: Aldo Musacchio and Sergio G. Lazzarini

In this paper we document the extent and reach of state capitalism around the world and explore its economic implications. We focus on governmental provision of capital to corporations—either equity or debt—as a defining feature of state capitalism. We present a... View Details

Keywords: State Capitalism; State-owned Enterprises; Development Banks; Sovereign Wealth Funds; Economic Systems; State Ownership; Sovereign Finance; Business and Government Relations; Investment

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2009
Comment

Testimony on 'The World Bank's Disclosure Policy Review, and the Role of Democratic Participatory Processes in Achieving Successful Development Outcomes'

By: Alnoor Ebrahim

Keywords: Banks and Banking; Policy; Success; Growth and Development; Outcome or Result

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February 1996
Background Note

International Institutions

By: David A. Moss, Louis T. Wells Jr. and Lakshmi Gopalan

Describes the IMF, the World Bank Group, the regional development banks, the Bank of International Settlements, the OECD, and the Group of 7. View Details

Keywords: Financial Institutions; Banks and Banking; International Finance; Trade; International Relations; Banking Industry

Awards

FPD Academy Award

By: William R. Kerr

Winner of the 2012 FPD Academy Award for Best World Bank Research in Finance and Private Sector Development. View Details

04 Feb 2020
Video

Erling Lorentzen

Erling Lorentzen, former head of Aracruz Celulose, a leading Brazilan manufacturer of pulp and paper, describes his efforts to gain financing from the World Bank and the International Finance Corporation.

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10 May 2016
Other Presentation

Shared Value: A New Global Agenda

By: Michael E. Porter

Harvard Business School's Michael Porter introduces and engages World Bank President Jim Yong Kim in conversation on partnering with the private sector for delivering on global development goals. View Details

Keywords: Shared Value; Collective Impact; Corporate Social Responsibility and Impact; Value; Business and Community Relations; Cooperation; Society

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December 2011
Article

Deposit Insurance and Subsidized Recapitalizations

By: Lucy White and Alan Morrison

The 2007–2009 financial crisis saw a vast expansion in deposit insurance guarantees around the world and yet our understanding of the design and consequences of deposit insurance schemes is in its infancy. We provide a new rationale for the provision of deposit... View Details

Keywords: Financial Crisis; Banks and Banking; Insurance; Taxation; Business and Government Relations; Banking Industry

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October 2014 (Revised June 2016)
Case

MasterCard: Driving Financial Inclusion

By: Sunil Gupta, Rajiv Lal and Natalie Kindred

MasterCard CEO Ajay Banga was investing significant time and attention to increase financial inclusion among individuals with historically no access to banking or financial services in countries around the world with large underserved populations. The effort included... View Details

Keywords: Marketing; Financial Services; Financial And Social Return; Financial Inclusion; Strategic Management; South Africa; Nigeria; Ajay Banga; Marketing Strategy; Social Marketing; Banking Industry; Banking Industry; South Africa; Nigeria

June 2005 (Revised January 2007)
Case

Equator Principles, The: An Industry Approach to Managing Environmental and Social Risks

By: Benjamin C. Esty, Carin-Isabel Knoop and Aldo Sesia

In June 2003, 10 leading international banks adopted new voluntary guidelines, called the Equator Principles, to promote sustainable development in project finance. In recent years, nongovernmental organizations (NGOs) had raised issues about the lenders'... View Details

Keywords: Risk and Uncertainty; Competition; Corporate Social Responsibility and Impact; Social Issues; Environmental Sustainability; Policy; Project Finance; Standards; Projects; Commercial Banking; Non-Governmental Organizations